Merriwell Bag Company Case Study Example | Topics and Well Written Essays - 500 words

Merriwell Bag Company - Case Study Example Furthermore, demand forecasting helps in constructing the pricing decisions as well as estimating the investment requirements for the future use (Lapide, 2006). From the demand forcast, it can be noted that the demand for the bags are maximum in the market in the pick season. It shows that Merriwell Bag Company’s bag demands depend largely upon its seasonality. However, it can also be observed that the demand for the bag declines steeply in the market during the off-season. Even though, from an overall perspective a growing trend can be witnessed in the demand forecasted. To certain extent the accuracy of forecasting can be improved through selecting separate forecasting groups with proper management control system. The primary objective of forecasting group is to make plans in order to collect appropriate information related to demand. The members of the forecasting group should be well trained in this regards. Members of the group should use both the qualitative and quantitative method in forecasting to gain more accurate information along with development of new measures for improving forecasting in future. After every session the group member should measure the processed method and re-analyze the data collected to minimize errors (Moon, Mentzer, Smith, & Garver, 1998). The forecasting method used by Ed Merriwell in the prior years was based upon his ‘feel’ which has been recently observed as ineffective in terms of accuracy. According to the quantitative method used, the sales of the organization are likely to increase during the entire year of 2008, especially in the season time. However, in establishing the new sales forecast, Ed Merriwell’s ‘feel’ is quite likely to have a negative impact on the operational process owing to the changes in the personnel associated with the customer purchasing departments along with the rapid increase in the short-shipped accounts. It is worth mentioning in this regard that quantitative method

Racial conflict Research Paper Example | Topics and Well Written Essays - 2000 words

Racial conflict - Research Paper Example The management of racial conflict has in the recent past turned out to be a severe challenge in the post-cold war era. Recent years has witnessed manifestation of racial conflicts in different ways including: intimidation, property vandalism, verbal threat, ethic/racial jokes, as well as physical violence. Racial conflicts have as well received infinite critics from various entities due to its long term harm to victims’ physical, psychological, social, and emotional wellbeing that is brought about by body mistreatment, verbal harm, and the impacts of consistent threats (Enrique189). It appears that, some of this racial unrest is brought about by inadvertent and intentional physical verbal and non-verbal actions. Racial conflict can be defined as a situation that explains either a misunderstanding or planned racial discrimination and harassment that leads to physical distress and interpersonal altercations in the affected population. Peaceful coexistence between different racia l groups is extremely critical for sustainable political, social, and economic development. Lack of peaceful coexistence amongst different racial group may lead to consistent racial tension, hostility, and conflicts that lead to destruction of properties and loss of lives. To necessitate global uniformed economic development and growth, maintenance of global peace is paramount and inevitable. All plays are therefore expected to step up and initiate mechanisms that can offset animosity experienced among different racial groups. Additionally, to realize the relevant change for social development, individuals ought to be committed toward bringing the required change in the society. The essay below therefore seeks to persuade individuals to take the necessary actions to actively defy racial conflict in the society. Due to racial conflicts, societies in different countries are divided; more that 20 million lives have so far been lost, future generation is as well at risk of extinction an d there is increased racial based hatred and fear in the world. Racial conflict has become a global economic development predicament that requires instant action to minimize its effect on the contemporary society. Based on the assessable global statistics, it is clear that, racial motivate conflicts occurs almost on daily bases in diverse social settings. In 2007, the world spent over $ 67 million to help racial conflict victims. In 2003, the United States of America’s Department of Justice received over 210,000 cases of racially motivated hate crimes in different states. The current statistics is a clear indication of elevating cases of racial conflict in a considerable number of the world society. Based on the current statistics, it is astonishing to understand that, a good percentage of modern racial instigated violence is more apparent among young people. For instance in 2005, the 21% of hate crime offenders in United States of America were under 18 years of age. Addition ally, most racial conflicts occur in learning institutions. Present statistics indicates that, over 64% of global conflicts in many learning institutions are motivated by nations of origin and race (Mitchell 621). By considering the fact , most of the racial conflict cases are common among young people, it is evident that, unless acute action is taken against racial conflict suspects, the menace is likely to be worse in the near future People vacating their homes due to racial conflicts in Italy Additionally, despite its daunting level, the accessible statistics may fail to present the actual cases of racial conflicts in different societies. This is due to the fact that, most of the available statistics is based on the reported cases. A good number of the affected