Strategicmanagement Essay Example | Topics and Well Written Essays - 1000 words

Strategicmanagement - Essay Example Its overall performance has been consistently very good and it is moving in the right direction by seeking advice as regards specific strategies and long term objectives in the current market scenario. Nonetheless, in spite of its stellar performance and status, CGC must steadily adapt to the current business practice of path-breaking forays that among things include globalization, mergers and acquisitions, joint ventures, and excursions into unexplored regions notably the Middle East, South Asia and South-East Asia. The economical growth and social progress in these regions, despite their vicissitudes, uncertainties and filibustering elements provide the right environment and prospects for games like golf. Also, CGC must widen its range of product. Big players like Nike and Adidas have entered the golf market. It is time CGC made forays into some products manufactured and marketed by Nike, Adidas, etc, that are not currently in the list of products covered by CGC. Golf has fairly good presence in countries like China, Korea, and India. The game has attracted enough attention at elite business and social levels for formation of golf clubs which include acquisition of large tracts of land even in cities like Mumbai (Bombay) where real estate prices are among the highest in the world. GGC has encountered piracy problems in China, and undoubtedly the p... n at elite business and social levels for formation of golf clubs which include acquisition of large tracts of land even in cities like Mumbai (Bombay) where real estate prices are among the highest in the world. GGC has encountered piracy problems in China, and undoubtedly the problem does not exist in China alone. Apart from taking legal steps, there is the need to address the problem more pragmatically by entering the market through the front door in these regions. China and India have opened up to foreign investments like never before. The best way to begin operations is by getting hold of big names like Kapil Dev to endorse CGC products. Kapil Dev is a former cricketer and has tremendous fan following in India. Apart from Kapil Dev, there are other players, both current and retired, who play golf. Cost of Endorsements Getting big names like Kapil Dev to endorse is expensive. Conservatively, the price could be around US$ 10 million for five years. This is a rough estimate. Other Costs Other costs include sponsorship of golf events and players. It is difficult to provide precise figures. However, CWC could mark their presence with a budget of another US 6 million dollars for 3 years. It will be necessary to appoint an official representative who is conversant with golf to act on behalf of CGC. The annual cost for such a representative will be US$ 250,000 annually to cover salary, house rent and travel. Annual Budget Thus, the total annual budget will be as follows: 1) Endorsement by a big player US$ 2,000,000 2) Sponsorship of events and players US$ 2,000,000 3) Official Representative's salary, rent, travel US$ 250,000 4) Other promotional costs US$ 250,000 Total Cost US$ 4,500,000 Agenda for Return on Investments (ROI) It is not

Emergency Management SLP Essay Example | Topics and Well Written Essays - 750 words

Emergency Management SLP - Essay Example The effects of lack of rainfall cannot be disputed. Large-scale agricultural activities that highly rely on rain are adversely affected in times of drought. Extensive sunny periods are experienced, characterized by hot and dry conditions. Highlighting drought issues for Emergency Response Plan (ERP) is beneficial to the entire Oklahoma population. Oklahoma State has not succumbed to drought many times. This is a rare event but when it struck, its effects were devastating. In the year 2011, the state experienced four months of drought. The four months were reported to be the driest months since the year 1921. Following this and expected subsequent drought periods in Oklahoma, there is need to assess drought conditions in the state and consequently come up with proper and effective ERP measures. Fundamental factors behind choosing drought are: crops were significantly damaged, pastures were destroyed and water shortage occurred causing rationing or restrictions of water use. Wild and man-made fires are not a new phenomenon in Oklahoma. However, fires do not constitute any routine emergencies in the state. Wild and man-made fires are disastrous. They cause massive destruction and damage to property and life. The state has succumbed to fires several times. The effects of these wide spread fires have been felt across humans and wildlife. The extensive Oklahoma fields and the severe weather exposure of the state are risk factors that primarily spread fires when they occur. The state has several initiatives and programs that fire-driven. One of the most common and successful program of that kind is the OK-FIRE (David, 2007). This and related programs and initiatives are tailored towards bringing fire disasters to manageable levels. This is due to the fact that at most times when fires break out, management and control of these fires become hectic. An ERP therefore comes in handy to assess and evaluate the performance