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

MGT - Essay Example FoldRite Furniture Company was started in the year 1986. The company has been operation with the management being involved in a number of initiatives that have been aimed at its continued growth and profitability. The company operated in a very competitive environment and there was always a need to be more innovative in order to stay ahead. In 2006, there was a change in ownership which warranted some changes in management. However, the company had experienced a growth rate of over 3.5% from 1999 to 2006. This is evidenced by the increase in revenues from $47.5M to $60.3M. This recorded growth was well above that of the industry at the time. However, the company had a cyclic nature at this time as there was a growth and decline sort of scenario which was occasioned by a financial turmoil and loss of yields and general decline in productivity occasioned by high staff turnover. The turnover of staff meant that the company was mainly reliant on the inexperienced staff members at most ti mes. There was also an increase in the production lead time and increased margins. In 2007, the company began undergoing a transformation that was started when a new CEO was recruited. The new CEO, Marshal Epstein only made two changes to the structure of the organization and these proved to be vital in its rejuvenation. The first major change was that he reduced the number of products that the company offered while at the same time embarked on the consolidation of manufacturing. The other major change was that he reduced the lead time to a maximum of a fortnight and also made sure that the shipping policy was changed to reflect only two days. Despite the recession in the latter years, the company was profitable in 2009. FoldRite has a very dynamic market structure and although the demand for their products is seasonal, they have managed to spread out and rely on a large market base. Currently, the largest market segment is the

In Nathaniel Hawthorne short story Young Goodman Brown, the pink Essay

In Nathaniel Hawthorne short story Young Goodman Brown, the pink ribbons are used symbolically to represent purity - Essay Example One such citation of the pink ribbons found on Faith’s cap include Goodman’s thoughts, in which he looks at Faith as an angel that was sent to earth meaning and implies that at one time she will resume her heavenly duties. As such, the mention of the pink ribbons in Goodman’s case are a sign of blessings and innocence in which case Goodman believes in savoring Faith’s innocence by clinging on to her skirts and following her to heaven. This is symbolic of taking her innocence, pink ribbons, by first signifying a common belief related to the color pink, which is then accentuated by the fact that they are ribbons. Following the above argument, the ribbons at one point or the other point to Faith’s femininity, but this idea is then taken over by the concept of innocent. One such case in which femininity is suggested by the pink ribbons is in the fourth paragraph of the story, where Faith says, â€Å"Then God bless you.† (Hawthorne 2). The succeed ing events are those of Faith peeping at Goodman and her ribbons still showing. Following this, the ribbons signify the fact that she is feminine and that is part of the aspects that draw Goodman towards her and is again applied to draw her character and put it into a realistic form factor. This is such that the ribbons on Faith’s cap are pink, and this can be looked at the purity of the color, which is non-existent. For pink to be made existent, there is a need to mix red and white, which in this case draws out quite a scoop in building Faith’s character, especially considering the independent meanings of the two constituent colors. Pink is made of white, which is used to symbolize purity and innocence as is the case of Goodman calling her a blessed angel, while red represents a totally different feature. Red signifies prostitution and blood, which in this case when put together to create the color pink indicates the different faces or characters of Faith. The charact er are in that the ribbons stand for the young stages of life that Faith is at and the youthful and angelic innocence she bears, according to Goodman. It however goes on to symbolize the aspects of an unlived life that can only be achieved when Faith becomes of age and matures to see the world for what it is rather than living a sheltered life. Goodman brings out this symbolism in that he is of the opinion that in spite of all the sin in the world, only he and Faith are exempt to all the evil around them, which unlike earlier, he would like to preserve her innocence. At one point, Goodman accepts to being sinful and attempts to shield Faith from losing her innocence, where Goodman views her as a steadfast anchor against sin. To further indicate Faith’s purity, the ribbons are read as having fell and Goodman picking them up after they come of her cap. Goodman takes them as a sign of Faith having fallen from the glory of god and that her innocence is breached. As a result, the ribbons strongly represent innocence and purity of Faith’s character in that when they fall of her cap Goodman screams, â€Å"My Faith is gone!†, which then indicates the value attached to the ribbons by Goodman as a symbol of Faith’s state of being innocent and youthfully pure (Hawthorne 9). Altogether, symbolism in relation to the pink ribbons that are repeatedly mentioned and referred to in the story is used to depict a number of