Saturday, March 21, 2020

Free Essays on Crown, Cork & Seal

Introduction: In the face of a changing business landscape in the metal can industry, William J. Avery, Crown’s new CEO, had planned on revising his predecessor, John Connelly’s business strategy. Suppliers and customers of can makers were beginning to integrate into can makers themselves, which was redefining the metal industry. Under Connelly, Crown attained sustained success over three decades due to Connelly’s strict strategies, which emphasized cost efficiency, quality and customer service. Avery was trying to determine whether or not to break with tradition or expand Crown’s product line due to the changing nature of the metal can industry landscape and/or participate in the supplier and customer consolidation that had become traditional in the metal can business. Analysis: In order to understand how the industry is changing, we must first look at the forces involved and trends that are emerging. One fact in particular that immediately stands out is that industry operating margins began to fall in spite of persistent demand for metal cans. This can be attributed to several factors. First, Five large firms dominated the industry with close to 100 lesser firms. The distribution of market share closely represents an oligopoly, which would suggest that there might be lower profits. Second, the case states that pricing was very competitive and can manufacturers aggressively discounted to protect their market share due to overcapacity and shrinking customer bases. A third reason for drops in operating margins were due to pricing that did not consider substantial increases in costs, increased can making capacity, increases in backwards integration of breweries and can-makers, and soft drink bottling consolidation. Another important force to consider is the customer and what impacts they have on the metal can industry. The soft drink industry is a thriving and profitable industry based on overall sales of ma... Free Essays on Crown, Cork & Seal Free Essays on Crown, Cork & Seal Introduction: In the face of a changing business landscape in the metal can industry, William J. Avery, Crown’s new CEO, had planned on revising his predecessor, John Connelly’s business strategy. Suppliers and customers of can makers were beginning to integrate into can makers themselves, which was redefining the metal industry. Under Connelly, Crown attained sustained success over three decades due to Connelly’s strict strategies, which emphasized cost efficiency, quality and customer service. Avery was trying to determine whether or not to break with tradition or expand Crown’s product line due to the changing nature of the metal can industry landscape and/or participate in the supplier and customer consolidation that had become traditional in the metal can business. Analysis: In order to understand how the industry is changing, we must first look at the forces involved and trends that are emerging. One fact in particular that immediately stands out is that industry operating margins began to fall in spite of persistent demand for metal cans. This can be attributed to several factors. First, Five large firms dominated the industry with close to 100 lesser firms. The distribution of market share closely represents an oligopoly, which would suggest that there might be lower profits. Second, the case states that pricing was very competitive and can manufacturers aggressively discounted to protect their market share due to overcapacity and shrinking customer bases. A third reason for drops in operating margins were due to pricing that did not consider substantial increases in costs, increased can making capacity, increases in backwards integration of breweries and can-makers, and soft drink bottling consolidation. Another important force to consider is the customer and what impacts they have on the metal can industry. The soft drink industry is a thriving and profitable industry based on overall sales of ma...

Thursday, March 5, 2020

Make a Science Fair Poster or Display

Make a Science Fair Poster or Display The first step to creating a successful science project display is to read the rules concerning the size and types of materials allowed. Unless you are required to present your project on a single board, I recommend a tri-fold cardboard or heavy poster board display. This is a central piece of cardboard/posterboard with two fold-out wings. The folding aspect not only helps the display support itself, but it is also great protection for the interior of the board during transport. Avoid wooden displays or flimsy poster board. Make sure the display will fit inside any vehicle that is required for transportation. Organization and Neatness Organize your poster using the same sections as are listed in the report. Print each section using a computer, preferably with a laser printer, so that bad weather wont cause the ink to run. Put a title for each section at its top, in letters large enough to be seen from several feet away (very large font size). The focal point of your display should be your purpose and hypothesis. Its great to include photos and bring your project with you  if it is allowed and space permits. Try to arrange your presentation in a logical manner on the board. Feel free to use color to make your presentation stand out. In addition to recommending laser printing, my personal preference is to use a sans serif font because such fonts tend to be easier to read from a distance. As with the report, check spelling, grammar, and punctuation. TitleFor a science fair, you probably want a catchy, clever title. Otherwise, try to make it an accurate description of the project. For example, I could entitle a project, Determining Minimum NaCl Concentration that can be Tasted in Water. Avoid unnecessary words, while covering the essential purpose of the project. Whatever title you come up with, get it critiqued by friends, family, or teachers. If you are using a tri-fold board, the title usually is placed at the top of the middle board.PicturesIf at all possible, include color photographs of your project, samples from the project, tables, and graphs. Photos and objects are visually appealing and interesting.Introduction and PurposeSometimes this section is called Background. Whatever its name, this section introduces the topic of the project, notes any information already available, explains why you are interested in the project, and states the purpose of the project.The Hypothesis or QuestionExplicitly state your hypothesis or question. Materials and MethodsList the materials you used in your project and describe the procedure that you used to perform the project. If you have a photo or diagram of your project, this is a good place to include it.Data and ResultsData and Results are not the same thing. Data refers to the actual numbers or other information you obtained in your project. If you can, present the data in a table or graph. The Results section is where the data is manipulated or the hypothesis is tested. Sometimes this analysis will yield tables, graphs, or charts, too. More commonly, the Results section will explain the significance of the data or will involve a statistical test.ConclusionThe Conclusion focuses on the Hypothesis or Question as it compares to the Data and Results. What was the answer to the question? Was the hypothesis supported (keep in mind a hypothesis cannot be proved, only disproved)? What did you find out from the experiment? Answer these questions first. Then, depending on your answ ers, you may wish to explain ways in which the project might be improved or introduce new questions that have come up as a result of the project. This section is judged not only by what you were able to conclude  but also by your recognition of areas where you could ​not draw valid conclusions based on your data. ReferencesYou may need to cite references or provide a bibliography for your project. In some cases, this is pasted onto the poster. Other science fairs prefer that you simply print it out and have it available, placed below or beside the poster. Be Prepared Most of the time, you will need to accompany your presentation, explain your project, and answer questions. Sometimes the presentations have time limits. Practice what you are going to say, out loud, to a person or at least a mirror. If you can give your presentation to a person, practice having a question and answer session. On the day of the presentation, dress neatly, be polite, and smile! Congratulations on a successful science project!