Company analysis - Sears Term Paper Example | Topics and Well Written Essays - 1500 words

Company analysis - Sears - Term Paper Example Henceforth, the study attempts to determine the recent corporate governance issues that are currently affecting the company's decisions and to report how the company is or should be handling the issues. Mission, vision, and primary stakeholders: The most important mission of the company is to build customer relationships by providing better qualities of wide ranges of goods and services, like clothing, footwear, bedding, furniture, jewelry, beauty products, appliances, housewares, tools, and electronics. Profitability or the policy of making more money is another important mission of the company. The final mission of the company is to make improvements in each and every day in the business domain and also in the market and to the customer through achievement of greater customer satisfaction. The most important vision of the company is explained by the company itself which is: â€Å"Sears is committed to improving the lives of our customers by providing quality services, products, an d solutions that earn their trust and build lifetime relationships† (Vision, mission, values, 2012, p. 1). The company was founded by Richard Warren Sears and Alvah Curtis Roebuck in 1886. From its beginning, the primary stakeholders of the company were Richard Warren Sears and Alvah Curtis Roebuck. In 2005, the company was merged with Kmart and created Sears Holdings Corporation. Since then, the owners of Kmart also become the primary stakeholder of the company (Corporate History: A retailing legend is born, 2012, p. 1). Five forces of competition and its impacts on the company: Threat of new entrants: The large size of the company, the large size of the market share of the company, the high level of customer satisfaction, cost-effective business strategies, as well as high level of profit making ability are creating potential threats for new entrants to enter into competition with the company. This is in effect raising the level of profit and market share of the company. Thr eat of Substitute Products: Since the company is only a departmental store of various goods and services which are products or services of other production houses, therefore, the theory of substitute is not directly related to the company. However, the company faces competition from other departmental store like WalMart. In this case, the company takes strategies like lowering prices of various products and/or increasing the quality of these products to create treats to substitute companies and their products. These strategies are helping the company to increase the share of the market and also to make more profits. Bargaining power of suppliers: The bargaining power of the suppliers of various goods and services supplied to the company depends upon the markets for those products and services. Since the markets for various products sold by the company are very large, therefore, these suppliers are also gaining little bargaining power in the market and, hence, the amount of earned pr ofits of the company is very high. Between 1950s and 1970s the high quality of products sold by Sears and greater volume of profits gave the company’s suppliers negligible amount of bargaining power. Bargaining power of customers: The greater level of customer satisfaction is the most important part of the success story of the company. In this regard, the level of bargaining power of the customers of the company is also low. However, this does not mean that the company implements whatever policies it wants to

Should Sex Education be Mandatory in High Schools Research Paper

Should Sex Education be Mandatory in High Schools - Research Paper Example From the paper it is clear that  draws mixed reactions whenever it is brought up for discussion. Many are the tikes that emotions flare up between the conservatives and those who are of the same. It is, however, necessary to state the facts about sex education in high schools and specifically, teenage sex as it is so that at the end of the day people makes an informed opinion on this matter. Sex education in high schools is something, which should be embraced because of the value that this topic creates among those children who undergo such trainings. It is necessary that the correct information be available for the young minds so that they do not lose track as they try to experiment things on their own. It is common knowledge that the media nowadays have a lot of influence on the mindset of the teenagers.  As the discussion stresses  most high school children are teenagers and they have access to the media, programs which portray sex as the best way out. There is a high level of influence also from the internet with sites that have pornographic materials and contents yet with no restrictions, meaning that these young children can access the same with a lot of ease. Denying the vulnerability of our children and refuting sex education a chance in high schools is like turning a blind eye to the young minds and leaving them in a state of confusion. The high school children are still young and with the correct information about sex, these children are likely to grow up into responsible individuals with good sexual behavior.