Saturday, February 15, 2020

China Specialty Coffee Industry Assignment Example | Topics and Well Written Essays - 3500 words

China Specialty Coffee Industry - Assignment Example It is evidently clear from the discussion that the existence and mere survival of an industry lie in its ability to effectively respond to the internal and external influences. It is irrefutable that business organizations' strategies mirror their unique responses to the external challenges and opportunities in the environment which, in turn, is facilitated by their internal resources and competencies. This paper will concentrate on the responses of the China specialty coffee industry to the various internal and external influences that it currently faces. Recognizing that this sector can be properly examined through the use of different strategic management tools, this report will be utilizing famous technique PEST Analysis for the external environment scanning. Meanwhile, the internal environment will be assessed through the identification of its various stakeholders through the Porter's Five Forces Model. The next section will focus on the Chinese specialty coffee market responses in the face of social and cultural diversity. This report will thoroughly examine the impact of the social and cultural trends in the industry's strategies while assessing the efficacy if their responses. Lastly, recommendations for improvement will be identified. Gaining the traditional recognition of being a tea country, marketers are aggressively and strategically transforming China into a coffee drinking nation. From its strong preference of" jasmine, oolong, green, black, and myriads of other fragrant teas the Chinese mainland is becoming more and more attuned to the rich flavor of the coffee bean, driven by the urban savvy rich and an increasingly wealthy middle class more receptive to Western taste". The current perception of coffee as a statement of fashion leads to the creation of the China coffee industry. Coffee consumption has always been associated with a cosmopolitan lifestyle which originated from the Western nations. Thus, the Chinese coffee market is largely concen trated in large cities like Beijing, Shanghai, and Guangzhou and is dominated by adventurous, young, open-minded, affluent, urban consumers.

Sunday, February 2, 2020

Electric and Magnetic Fields Assignment Example | Topics and Well Written Essays - 500 words

Electric and Magnetic Fields - Assignment Example The paper tells that the force of magnetism acts in a region around a moving electric charge or a magnet; this region is defined as a magnetic field. It is shown in Fig. 1. The magnetic field can be conceptualized in terms of magnetic field lines. The density of field lines determines the field strength, Magnetic flux is defined as the total number of lines of the magnetic field that pass through an area. Magnetic flux is measured in terms of Tesla meter squared (T †¢ m2) another name for which is Weber (Wb). A magnetic field’s intensity can be expressed in terms of the magnetic field strength. A distinction can be technically made between magnetic flux density B and magnetic field strength H. Magnetic flux density is also called teslas (T) and is measured in Newton-meters per ampere (Nm/A) whereas magnetic field strength is measured in terms of amperes per meter (A/m). The density of magnetic flux reduces as the distance is increased from a straight line that connects ma gnetic poles’ pair around which there is a stable magnetic field. There is direct proportionality between the magnetic flux density and the current in amperes at a location in a current carrying wire’s vicinity. A piece of iron or some other ferromagnetic object when brought inside a magnetic field experiences a force known as the magnetic force which is directly proportional to the magnetic field strength’s gradient with respect to the location of the object. In telecommunications, a measuring device known as field strength meter is used to measure the electric field that a transmitter causes. Magnetometers are the devices used to measure the strength of a magnetic field. Some important magnetometers’ classes comprise use of a rotating coil, NMR magnetometers, fluxgate magnetometers, SQUID magnetometers, and Hall Effect magnetometers.