Mission and philosophy of an organization

1. The â€Å"mission statement describes an organization’s basic purpose, while the vision is a short, succinct, and inspiring statement of what the organization intends to become and to achieve at some point in the future, often stated in competitive terms† (Hannagan, 1998, pp. 125-26). Our organizational mission echoed a commitment of somewhat a wholisitic health care service as it includes the healing not of the body only but of the mind and spirit. It transcends beyond the usual kind of service provided by other healthcare professionals and organizations. The commitment of healing the spirit is beyond the realm of professional knowledge and experience of health care professionals and providers. Health care providers may be of help in healing the spirit of the patient but cannot directly provide the service and the process. The vision statement on the other hand does not support this purpose of the organization evident by its emphasis on compassionate and excellent service – skills which can be learned and developed by most health care professionals through proper professional training and schooling. The vision statement anchored its commitment on the core competencies and professional capabilities of the people in the organization. On the aspect of the similarities of the mission and vision statements, both echoed a commitment to serve the community. Both echoed a quality of healthcare service that is anchored on commitment and cooperation. The mission and vision statement also reflected the unity of the people in the organization to serve the community and its patients. Also, both the mission and vision statement further showed the failure to recognize the contribution and importance of the people in the organization in relation to the attainment of the mission and vision of the company. The organizational mission statement is just merely descriptive of what the community can expect from the health care service of the organization, thus it does not function to inspire or guide the people in the organization. The vision statement too does not reflect something that would inspire and make people look forward to their future in the organization. Both failed to really articulate a statement according to its intended purpose. 2. The mission and vision statement has influenced my practice as a nurse as it raised my awareness of the goal of the organization to deliver compassionate and excellent health care service to help improve the health of the community. The mission statement made me realized that our responsibility of healing is not just on the physical aspect of the patient but including the mental and spiritual aspects of the patient in order that we can help improve our community’s health. Guided by these goals, I was able to view responsibilities to my patient beyond their physical aspect, however, it also made me concerned if I could be of help in restoring the soundness of the spirit of the person. I may have all the professional training and knowledge in my job but this does not guarantee that if applied it can also help heal the spirit of the patient. This goal put me into quandary on the ethical considerations if faced with a situation where my own personal beliefs might interfere in the healing process of the spirit of the person. The process of helping heal the spirit of the patient might make me subjective rather than objective in my job.   Also, as an employee both the mission and vision statement negatively impacted on my view of my future in the organization because both do not reflect organizational aspirations for the people which I considered very important.. I am aware of my responsibility to the community and to the organization I am serving, but the organization should also be aware of the needs and aspirations of the people who will make the organization mission and vision possible. The content of the mission and vision statements of the organization must inspire and guide people. 3. Our organization’s vision (philosophy) statement falls short on some important aspect of its function. Accordingly, the vision of the organization refers to the category of intentions that are broad, all-intrusive and forward-thinking. The organizational vision statement describes aspirations for the future, without specifying the means that will be used to achieve those desired ends. Our organization’s vision does not clearly reflect and define the future to stimulate. Our organizational vision defined the character and identity of the people in the organization however, the way the organizational vision is stated does not reflect on what the organization aspires to become, to achieve, to create – something that will require significant change that will challenge people to attain progress and professional advancement. It does not provide encouragement to grow with the organization. The organizational vision only state the present being and identity but it does not so much reflect where it is going to be in the next years to come. A dynamic organization should reflect aspirations to improve and change according to the demands of the ever-changing environment. Above all, the organizational vision should also be consistent with the organizational mission as the latter dictates the courses of action in the organization while the former identifies the strategies to take to attain the organization’s purpose (mission). 4.   My suggestion is to state the mission and vision statement in a manner consistent with each other and should reflect on the core competencies of the organization and the people in the organization. On this manner the people in the organization will be able to really deliver a quality of service that shows highest degree of professionalism, compassion, and excellence. The organization can also strengthen its competitive edge by capitalizing on the professional skills and competencies of its people. Through this approach a brand of service that is second to none in professionalism, integrity, dignity and excellence will be achieved and people are likewise provided the opportunity to apply their skills and fullest potential to the organization and the community. Reference List Hannagan, T. (2000). Management: Concepts and practices (2nd ed). Great Britain: Pearson Education Limited.

Hotel and Lodging Career Research Essay

Executive Summary With high curiosity and interest in many fields, I have changed my career goal from archaeology to science then to architecture and finally to entrepreneurship in hospitality and traveling. In preparation for launching my own business, I determined to learn more about the hotel and lodging industry through a financial and accounting position. A hotel is an establishment that provides temporary accommodation and various services depending on the rate per night a customer can afford. Nowadays, as customers’ needs and affordability vary, hotel and lodging facilities could be classified into multiple levels of definitions based on economic structure, price, chain scale, location, room configuration or market served. A large hotel with full service often comprises many departments with specialized employees. A General Manager leads the main operating departments which consist of Room, Security, Food and Beverage and Minor Services. The administrative departments of a hotel are Accounting, Engineering and Marketing and Sales. As of 2007, in the US, there are approximately 49 thousand hotels and lodging properties that have over 15 rooms, providing about 4.5 million guest rooms and generating 139.4 billion dollars in revenue. The U.S hotel and lodging industry employs about 1.4 million workers and serves both business and leisure travelers. International travelers make up 22% of lodging room occupants. In the current economic downturn that started in late 2007, decreases in both traveling and financing has pulled earnings of hotels in the US down by 11.6% in occupancy rate, 8.6% in average daily rate, and 19.1% in revenue per available room, leaving the industry in a struggle to attract customers and provide jobs for their employees. A typical entry-level administrative position in a hotel requires a four-year bachelor’s degree in a business related major. Other desirable traits for candidates are leadership skills, communications skills, confidence, and more. There are few administrative positions in the current hotel and lodging industry that college graduates can obtain, but they are exciting jobs that promise quick advancement, relocation opportunities, and even room rate discounts for associates. Financial and accounting positions in the hotel industry include Assistant Controller, Senior Assistant Controller, and Director of Finance and Accounting. Assistant Controllers and Senior Assistant Controllers work at the daily operating level and assist the Director of Finance and Accounting in making decisions. Directors of Finances and Accounting work at strategic decision making and are members of the executive committee of the hotel, overseeing the health of the hotel in general. With leadership skills, communication skills and by going beyond the expected and being willing to relocate, a new college graduate could advance quickly in the hotel industry. The knowledge I will gain from working in hotel and lodging industry will prepare me to launch my own lodging business.â€Æ' From myriad interest to a focus on hospitality With a high level of curiosity and thousands of questions in mind, I have been an explorer since I was small. By the time I was 10, I decided to discover the secrets of the world by becoming an archaeologist, who travels to different places and digs things up all day. Before I thought further about digging around, however, I became captivated by Thomas Alva Edison – the genius inventor with thousands of inventions. My hope for becoming an inventor was so high that I started to study really hard in order to understand more about natural science. For two years, I kept my enthusiasm, but the attraction for houses and buildings soon dawned on me. At the time, I was really good at industrial technology courses, especially industrial drawing and blueprint design. Being a visual learner, I had no difficulty interpreting blueprints. I even scribbled some of my own ideas and purchased numerous issues of architectural magazines. When I got into high school, I told myself that I would take an exam to get into an architecture school. However, in Vietnam, at the time, there was a movement of studying abroad. Even though I got into the science division of high school, English has always been my forte, and I had feelings of uncertainty about becoming an architect. Then, in my last year of high school, I applied for a high school exchange program in the United States and took the first step on my study abroad route. As I matured abroad, I stepped away from my childhood interests and thought carefully about the reality of each job I was interested in. Still being enthusiastic about discovering the world, I shifted my method from being an archaeologist to being a traveler. Still enamored of great buildings and designs, I desired to work at nice hotels and resorts or build my own. With my parents owning a business, I was strongly influenced by the independence and creativity of entrepreneurship, which inspired me to become an entrepreneur specializing in hotels and traveling. More importantly, as I studied abroad I developed a sympathy for others travelers and discovered a passion to fulfill others’ need while away from home. Hospitality is also a career that is people-oriented, offering tremendous opportunities to improve communication skills and meet people. As I am pursuing a double major in Accounting and Finance, I look forward to obtaining a financial position in a hotel, in order to learn about the cost and profits of operating a hotel and the process of financing hotels specifically. As I increase my knowledge, my final direction is to launch a hospitality business of my own, providing customers with unique impressions, positive experiences and exceptional services. Hotel and Lodging Industry at a Glance As people travel for various purposes, hotels are convenient facilities that offer temporary accommodation and services during the stay at appropriate prices. Thus, a harbor view room with large bathroom, TV, in-room Internet, air conditioning, 1,000 thread-count bedding, coffee machine, morning paper, and more in a hotel that has a three-star restaurant, conference room, and swimming pools and is located in the middle of all the action could cost hundreds of dollars a night. Meanwhile, a bunk bed in a hostel, with a shared bathroom at the end of the hall and common kitchen costs about twenty dollars a night. With a diversity of customers, hotels and lodging facilities nowadays are thoroughly differentiated based on the services provided. In the book A Host of Opportunities: An Introduction to Hospitality Management a hotel can be classified into multiple definitions based on its structure, price, chain scale, location, room configuration or market served (Hoof 75-83). Hotel Organizational Structure In order to effectively handle myriad customers’ needs, a large hotel could contain many departments including Rooms department, Food and Beverage department, and other administrative departments. Smaller hotels or family-owned facilities may not have the same range of staff or definite departmental arrangement; instead, lodging managers and employees may multitask. Below is a diagram of a large hotel’s departmental organization and its employees, from A Host of Opportunities: An Introduction to Hospitality Management. Scope of U.S Lodging Industry According to the American Hotel and Lodging Association’s â€Å"2008 Lodging Industry Profile,† by 2007 there were 48,062 lodging properties of 15 rooms and up in the United States. Those properties made up a total of 4,476,191 guestrooms and generated $139.4 billion in sales. The revenue per available room (RevPAR) was $65.52, and the average occupancy rate was 63.1%. Room rates rose constantly, while the most updated average room rate stood at $103.87 in 2007. The before tax profits was $28 billion, according to Smith Travel Research (STR), an organization specializing in benchmark and research for the lodging industry (qtd. in â€Å"2008 Lodging Industry Profile†). Hotel properties across the country employed about 1.4 million workers. Meanwhile, lodging customers were comprised of 44% business travelers and 56% leisure travelers. The United States ranked first in international customer receipts with spending from international travelers at $122 billion, and continued to receive more international travelers than previous years at a 10% growth rate. This enormous flow of international travelers made up 22% of all lodging room nights in 2007 (â€Å"2008 Lodging Industry Profile†). Thus, by 2007 the U.S hotel and lodging industry was still prospering, until it got caught later in the current of the economic downturn. Hotel and Lodging Industry in Current Economic Downturn The current economic slowdown discouraged consumer spending on vacation travel and business spending on business travel, which affected the hotel industry directly. According to Smith Travel Research â€Å"the U.S hotel industry posted declined in the three key performance measurements during the week of 26 April – 2 May,† as in STR’s recent weekly U.S performance report (qtd. in â€Å"STR posts US results for week ending 2 May 2009†). The three key measurements are industry occupancy rate (OC), which declined by 11.6% over a year performance, average daily rate (ADR), which declined by 8.6% and revenue per available room (RevPAR), which declined by 19.1% (â€Å"STR posts US results for week ending 2 May 2009†). As the earnings decline, hotels cut costs in a variety of ways including employments, make it harder even for college graduates to find good positions. Preparing for a Career in Hotel Management In order to obtain an administrative position in a hotel, a bachelor’s degree from an accredited college or university is preferred, especially for finance and accounting positions. In the Marriot International Incorporate’s description of financial and accounting positions provided by Beth Zabawa, Director of Finance and Accounting at Renaissance St. Louis Grand & Suites Hotel, a candidate for the Assistant Controller position – the entry level financial position – should have â€Å"4-year bachelor’s degree in Finance and Accounting or related major; no work experience required† (Zabawa). However, in place of work experience, exceptional interpersonal skills and positive attitude such as leadership skills, communication skills and confidence are desirable (Zabawa). Financial and Accounting Positions in the Hotel and Lodging Industry Hotel and lodging careers do not suggest working only as a front desk clerk or housekeeping. Many management positions in hotels such as general manager, controller, and sales offer quick advancement, relocation opportunities, and many other novelty benefits such as hotel-associate-only discounts on room rate. These positions are good starting points for college graduates. For finance major graduates, positions in the hotel industry may be limited but could be uniquely rewarding. At small establishments, the lodging manager often oversees both operating activities and administrative activities, including bookkeeping and financing. Only large hotels need and are able to afford several accounting and finance positions. Some of the financial and accounting positions are Assistant Controller, Senior Assistant Controller, and Director of Finance and Accounting. Description of the jobs In the Marriot International Incorporated’s description of financial and accounting positions provided by Zabawa, the entry-level position for a college undergraduate is Assistant Controller, who works at the daily operating level. An assistant controller’s â€Å"primary responsibilities include financial analysis and financial reporting, budgeting and forecasting, audit and control, asset and liability reconciliation, working capital and control† (Zabawa). Zabawa said that Assistant Controller mostly works in the office, reports to the Director of Finance and Accounting and attends meetings with other departments. She also provided other information about salary and benefits, training, opportunities for advancement for financial positions and some advice for college graduates starting in the industry. Incoming employees begin with an extensive Management Program that lasts about 6 to 8 weeks, equipping the person with the knowledge and processes involved with working at Marriott Inc. Following the extensive training are online training and a 1-week class that evaluates the new employees and train them to work in groups. The starting salary for an Assistant Controller is at around $40,000 a year. Beside salary, associates at Marriott Inc. receive benefits such as health insurance, life insurance, disability insurance, dental insurance and a 401k plan. Depending on the properties, employees may benefit from working in a hotel by receiving free lunch or discount rates when staying at the chain’s properties. After 12 to 18 months, there is an opportunity for the Assistant Controller to transfer to other properties of Marriott Inc. or to be promoted to Senior Assistant Controller (Zabawa). Senior Assistant Controller’s responsibilities include overlooking the tasks of the Assistant Controller and assisting the Director of Finance and Accounting in reporting and making decisions. After 12 to 18 months to two years, a Senior Assistant Controller at Marriott Inc. could either transfer to other properties or become Director of Finance and Accounting at smaller properties (Zabawa). The Director of Finance and Accounting enjoys many different aspects of financial careers. As part of the Executive Committee of the properties, the main responsibilities of a Director of Finance and Accounting are strategic decision making. Stepping away from the daily paper work of the Assistant Controller or Senior Assistant Controller work, a Director of Finance and Accounting â€Å"attends meetings to discuss the hotel’s operational strategies, controls spending and develops budget, studies competitors and communicates with the estate’s owner,† described Zabawa. She revealed her opinions for the Director of Finance and Accounting position as exciting, informational and engaging. The work is different each day, the reports the Director of Finance and Accounting received provide thorough knowledge of the hotel and lodging industry and Marriott Inc. has a very loyal working culture with each associate working as if the hotel is their own business (Zabawa). Zabawa advised new college graduates pursuing hotel careers to be innovative, confident, assertive, and proactive, and find ways to add value to the business. Interpersonal skills such as communication skills, both speaking and writing skills, and leadership skills are invaluable for college graduates to advance in the hotel and lodging industry (Zabawa). The flow chart below demonstrates the time and skills an entry level position in the Finance and Accounting office needs in order to advance to the next level. Conclusion The hotel and lodging industry is the intersection between the travel and hospitality industries that offers many different directions to explore. While working in a financial position in a hotel, I will be able to learn more about the financial aspect of hotel operation, gain experience in customer service and find a niche for myself to debut in the hotel industry. Combination with private service is a possible solution to my entrepreneurship direction. In comparison with US and European hotel industry, Asian markets are less professional and developed. As I start in Vietnam, I want to broaden the Vietnamese tourism industry with ethnic hotels or lodging facilities that would bring a truly authentic experience to travelers to Vietnam. With later international expansion, I hope to establish a model of authentic traveling and cultural interaction in the world tourism industry. Work Cited â€Å"2008 Lodging Industry Profile.† American Hotel and Lodging Association. 30 Apr. 2009. â€Å"Dedicated Staff.† The Knightsbridge London. 30 Apr. 2009. Five Star Concierge Service LLC. 30 Apr. 2009. Hoof, Hubert, Gary Vallen, Marilyn Mc. Donald, and Paul Wiener. A Host of Opportunities: An Introduction to Hospitality Management. New Jersey: Pearson Prentice Hall, 2007. Print. â€Å"Housekeeping Service.† The Knightsbridge London. 30 Apr. 2009. â€Å"STR posts US results for week ending 2 May 2009.† Hospitalitynet.org. Hospitality Net, 8 May. 2009. 10 May 2009. Zabawa, Beth. Personal Interview. 8 Apr. 2009.

Deception in “Twelfth Night” Essay

In William Shakespeare’s comedic play, â€Å"Twelfth Night†, a recurring theme is deception. The characters in the play used deception for a variety of purposes. Viola’s use of deception involves her disguising herself as a man in order to obtain a job with the Duke of Illyria, Orsino. On the other hand, Maria, Olivia’s servant, writes a letter to Malvolio in Olivia’s handwriting to make Malvolio act foolishly because of his love for Olivia. While some use deception as a means of survival, others use deception to trick others and make them act foolishly. The first example of deception in this play was when Viola decides to disguise herself as a man. Viola barely escapes a shipwreck along with her twin brother Sebastian. Separated in this terrible disaster each twin believes the other has died in the wreck. The captain of the shipwrecked vessel advises Viola to go and find a job with the Duke Orsino since she has no family or way to support herself. Viola must disguise herself as a man in order to get a job and survive. â€Å"For such disguise as haply shall become / The form of my intent. I’ll serve this duke. / Thou shalt present me as an eunuch to him. / It may be worth thy pains, for I can sing, / And speak to him in many sorts of music / That will allow me very worth his service† (1.2 lines 50-55). Viola, under the name Cesario, receives the job with Orsino at his house. Viola as Cesario becomes a messenger for Orsino. Viola carries love letters to Orsino’s love Olivia who wouldn’t accept the letters until Viola brought them to her. Viola later realizes that Olivia is in love with her as Cesario and also that she herself is in love with Orsino and that Orsino is still in love with Olivia. At a loss within the situation, Viola doesn’t know what to do about the mess she has created. She feels pity for Olivia and herself with the statement â€Å"Poor lady, she were better love a dream† (2.2. 25)! Viola’s use of deception causes a cross gender love triangle with which she can not deal. Another example of deception is when Maria, Olivia’s servant writes a letter to Malvolio, Olivia’s head servant and Maria’s coworker. Maria deceives Malvolio by writing in Olivia’s handwriting. In the letter she says that Olivia loves men in yellow stockings. â€Å"Remember who commended thy yellow stockings, and wished to see thee ever cross-gartered† (2.5. 143-145). Maria  knows that Malvolio will follow this ridiculous deed because of this love for his lady Olivia. Sir Toby Belch says, â€Å"He shall think by the letters that thou wilt drop that they come from my niece, and that she’s in love with him† (2.3. 154-156). Maria places the letter in her garden where Malvolio will definitely find it. Thinking Olivia will fall in love with him because of his clothing, Malvolio dress up in yellow stockings and goes to see Olivia. When Olivia sees Malvolio and the way he is acting, she isolates him for fear that he is insane. Shakespeare’s use of cross dressing and deceitfulness extends beyond the actual writings in the plays and goes onto the stage. Women were not allowed to perform on stage in Shakespeare’s time. â€Å"†¦all the great women’s roles in Elizabethan and Jacobean plays, from Juliet and Lady Macbeth to the duchess of Malfi, were written to be performed by trained adolescent boys† (Norton 1043). These adolescent boys were very convincing women on stage, possibly because of their smaller build and higher-pitched tone of voice. The role of Viola in Twelfth Night was particularly difficult. â€Å"The comedy depends upon an actor’s ability to transform himself, through costume, voice and gesture, into a young noblewoman, Viola, who transforms herself, through costume, voice and gesture, into a young man, Cesario† (Norton 1043). Shakespeare used deception throughout this writing and some others but also in reality through the performances of the plays. Even from the beginning of time with Adam, Eve and the serpent, deception has been used. Everyone has tried to deceive someone in their lifetime whether it be through a Halloween costume or to make yourself appear better. Deception is used for a variety of reasons today just as in the play. Some people are forced to use deception as a necessity while others find humor and entertainment in it. Whatever the motive, deception will continue to be a recurring them in all mankind; one with which we can all identify.

Organizattional Structure Presentation Annotated Bibliography

Organizattional Structure Presentation - Annotated Bibliography Example The management of the organization needs to select financial experts to serve in the financial committee as a guide on finances. Financial experts prepare budget, financial statements and carry out audits of the organization. Harris, M. G., Society for Health and Administration Programs in Education., & Australian College of Health Services Executives. (2006). Managing health services: Concepts and practice. Marrickville, N.S.W: Elsevier Australia Development of quality improvement and clinical audit, experiences with other industries, consumers and funders has led to a keen interest to understand the nature of risk. Need to understand the potential benefit of risk, its management, and its influence to cause adverse effects. Lombardi & Schermerhorn (2007) shows the importance of a trustworthy form of communication in the healthcare organization. Examples are formal, informal, external and internal. Communication with stakeholders, patients, outside world and in the organization is essential. Miller (2007) puts into perspective the importance given to the human resource such as employee culture development of belonging and motivation for more productivity. There is the need to have a conducive work environment and maintenance of a balance between socio-technical system and effectiveness of the

Answer question Essay Example | Topics and Well Written Essays - 250 words - 12

Answer question - Essay Example emergencies medical service (EMS) agency, it is now obvious that law enforcement has a fundamental role in delivering pre-hospital emergency medical care. The straightforward nature of police patrols naturally places law enforcement officers all through communities along with neighborhoods to discourage crime and instantaneously respond to crime in progress as well as handle other issues of law enforcement. Fire departments along with third service Ems agencies; though usually stage their apparatus and workers in stations in the society or response region ("Police, Fire, EMS - Law Officer"). In some places, EMS agencies employ system status management to position ambulances as well as rescue units in premeditated areas based on time of day and call volume. Since police officers are always on patrol in localities, they utilize system status management and consequently often get at the scene of a medical emergency earlier than other EMS givers ("Police, Fire, EMS - Law Officer"). For this reason, several officers may be able to begin primary assessment also to the treatment of patients. Furthermore, during their regular work, like responding to automobile accidents along with assaults, they are always in situations that necessitate medical

Caveat Emptor Is this common Law Maxim undermined Essay

Caveat Emptor Is this common Law Maxim undermined - Essay Example This act is in addition to the existing law and accordingly a consumer usually has a remedy either in contract or in the tort of negligence (Slack 1997). The term Caveat emptor connotes that let the buyer beware. It is a common law sales contract concept that exposes the buyer to the risk inherent in a transaction. Though it involves the principle of freedom to contract, nevertheless implied warranties in the context of sale of goods are latent in it (Rossini 1998) The Sale of Goods Act 1893 was amended by several pieces of legislation, some of these are the Sale and Supply of Goods Act 1994, the Misrepresentation Act 1967, the Unfair Contract Terms Act 1977 and the Consumer Protection Act 1987 (Jones and Benson 2003). This act was the first piece of legislation that provided protection to the buyer. Recently there had been a spate of legislations, whose purpose was to enhance the protection that had been made available to consumers. Some instances of such acts are the Misrepresentation Act 1967, the amended Sale of Goods Act (Sale and Supply of Goods Act 1994 and the Sale of Goods (Amendment) Act 1994) and the Unfair Terms Regulations (S.I 1994/3159. Unfair Terms Regulations in Consumer Contract Regulations 1994). In this manner the caveat emptor doctrine has been progressively undermined and substituted by the doctrine of caveat venditor or let the seller beware. The noted legal luminary Atiyah opined that the basic principle of law was one of caveat venditor rather than one of caveat emptor (Atiyah and Adams 1995). In addition, the European Union as a champion of the rights of the consumer has planned to introduce legislation that would serve to bestow further protection on the rights of consumers. The Directive on the Sale of Consumer Goods and Associated Guarantees is an important step in this direction (EUROPA 2006). There has been a marked reluctance on the part of judicial policy to interfere with contracts between parties having equal bargaining power. The Unfair Contract Terms Act attempts to extinguish the exclusion and limitation clauses that occur in consumer contracts and contracts that are based on one of the contracting parities' standard terms (Unfair Contract Terms Act (as amended on the 1st of October, 2003) 1977). The above act is inapplicable to commercial contracts in general. In Photo Productions Limited v Securicor the House of Lords permitted Securicor to avoid liability for the acts of one of its employees (Photo Production Ltd v Securicor Transport Ltd 1980). In the case of Slater and others v Finning Ltd, the House of Lords held that if a product failed for the reason that it had been used for a purpose other than that it had been designed for then the seller was absolved of any liability for such failure (Slater v Finning Ltd 1996). This was similar to the decision in Griffths v Peter Conway Ltd, in which the buyer had concealed from the seller as to what use was to be made of the goods (Griffths v Peter Conway Ltd 1939). This indicates very clearly that there has been a preference for caveat venditor in the context of the implied condition of suitability in commercial law. The legal consequences of the rule of caveat emptor require the buyers to undertake

MKTG 4050 Essay Example | Topics and Well Written Essays - 250 words - 4

MKTG 4050 - Essay Example ing of Research and Development for Dell’s offerings keeps development cost while still ensuring innovation and high technologically advanced product offering. There are also various products to choose from Dell because of its product expansion strategy that can compete with other leading brands such as HP and IBM. Furthermore, the fast delivery of service and after sales service can be done through online with Dell. The value proposition for Dell is effective for a certain market segment that is after of the idea of both quality and product cost. Dell’s strategy is a low-cost strategy and a portion of focus differentiation considering that it tries to create big consideration on Research and Development for both product and cost. Dell essentially believes that it cannot totally pass on the production cost to its customers so the best way to do is to create better management on its Supply Chain Management system. What Dell tries to emphasize is that a low-cost product offering may not necessarily mean low quality at all, but at some point, there has to be something given up or adjusted in the entire supply chain management system. Dell could not compromise quality and cost together so the best way it does is to outsource its Research and Development. In the end, what makes Dell a personal choice of brand is its ability to maintain affordability without compromising the quality of its product