Monday, February 24, 2020

Plan for growth Essay Example | Topics and Well Written Essays - 250 words

Plan for growth - Essay Example JCPenney has become a digital leader as well by advancing jcpenney.com website’s mobile commerce functionality. The website provides its customers with suitable and convenient shopping options using which, they can get the merchandise shipped to their homes. JCPenney’s current efforts are directed at developing an enterprise-wide inventory network that would make its customer service more efficient in terms of reduced delivery time. You have rightly pointed out that understanding the way customers like to receive communications is an essential element of growth and social strategy of any business. Nevertheless, having realized that young customers make a large part of the company’s customer base, JCPenney has directed its attention toward attracting younger customers by introducing more in-store attractions popular among young generation that can be exclusively found at JCPenney. The chief financial officer of JCPenney reflects upon the company’s growth st rategy and the ensuing increase in profitability saying, â€Å"By successfully focusing on our core business strengths, we delivered three consecutive quarters of positive sales and developed a strong foundation for growth† (Record cited in JCPenney,

Friday, February 7, 2020

EASING THE IMPACTS OF CUBA'S COMING CRISIS Essay

EASING THE IMPACTS OF CUBA'S COMING CRISIS - Essay Example In my opinion, Julia’s arguments are partly right and partly wrong. This paper critically analyses the claims of Julia E. Sweig. Even though United Sates is keen in establishing ties with communist China, the same interest they never shown against Cuba. This is because of the differences in attitudes of leaders in China and Cuba towards America. Moreover, keeping strong relations with China is necessary for America because of strategic reasons. China is rapidly emerging as the global power whereas same thing cannot be said about Cuba. China wants to sell their products in global markets and America is the most important market for them. So they realised that keeping strong relationships with America is necessary for their economic development. On the other hand, Cuba does not possess many products to sell in international market. So America’s negative attitude towards Cuba may not be a worrying factor for them. Moreover, the enmity between Castro and American administration forced Cuba to keep a distance with America. In short, America’s reluctance in establishing strong ties with Cuba can be ea sily understood. â€Å"China, Venezuela and Russia, along with American friends like Spain, Canada, Brazil and even Israel, are investing in Cuban oil, minerals, tourism, infrastructure, agriculture and biotech† (Sweig). In my opinion, if Israel can invest in Cuba, America can also do the same thing without a second thought. At the same time, is should be noted that Cubans cannot accept American presence in their soil because of the past experiences. In my opinion, America may think about stronger ties with Cuba only after the Castro era. Fidel Castro may not forgive Americans for the past attempts CIA made to kill him. However, it is not wise for Cuba to keep a distance with America because of the past bitter experiences they did suffer from the hands of America. Globalization and liberalization has opened many opportunities to developing countries and it is