Friday, November 15, 2019
Marketing Essay -- essays research papers
All companies compete with one another; they strive for excellence and to be the best. They have to compete with each other to win over markets and to be the one who ends up on top. Most businesses are guided by the maxim "nothing ventured, nothing gained" (Spulber 7). Winning a market requires a company to have an aggressive investment and growth. Although many companies try to keep costs down for the consumer, low costs are not always the solution for every situation. It is generally the Chief Executive officer (CEO) who formulated strategies to connect markets. The CEO has to have the ability to for see the future of the company in order to make intelligent decisions. Wal-Mart was founded in 1962 by Sam Walton, who wanted to make a discount department store, and ended up being extremely successful in his doings. The earnings in one year for Wal-Mart are approximately $4,430,000,000. Commonly, the winning firm is identified as the firm with the highest sales revenue. There are many winning firms including Wal-Mart for their retailing ability. Wal-Mart stores are the leading retailer with $100 billion in retail sales and is also the leader in profits with $3billion which is much higher then the company with $3 billion which is much higher then the trailing company Sears. The market value of Wal-Mart is more then three times higher then their competitors. Wal-Mart has not only been able to take over the retail market, but they continue to grow substantially. Winning markets, like Wal-Mart result from an effective strategy, a continuous innovations, and efficient organization. Companies that try to have larger firms may not be successful just because they are bigger, a successful firm, such as Wal-Mart is successful because of its marketing ability which draws customers in and in turn the customers spend money. A secret success of Wal-Mart is its indirect strategies and ways to win markets without running into high costs. Companies like Wal-Mart like to win a market by attacking the other firms weak points. When Wal-Mart is trying to find another company to engage in direct competition, they need to make sure they have a strong playing field on their part so it is an effective challenge. The primary boundary of a firm is its s... ...hod of exchange can allow an incumbent to remain a marker maker or permit an innovative entrant to bypass the incumbent to remain a market maker or permit an innovative entrant to bypass the incumbent. Intermediary competition offers the possibility of far more effective use of information. A retailer such as Wal-Mart gains a competitive advantage over the other retailer intermediaries through its well developed electronic data interchange system that allows it to pass on information about customer purchasing patterns to its suppliers. This gives Wal-Mart an edge in terms of supplier relationships and allows it to obtain favorable terms compared to competing retailers. Wal-Mart's marketing strategies have made them one of the largest companies in the world. The way they are able to compete with others gives them a competitive edge since most other companies cannot keep up with them. Wal-Mart is a very recognizable name. Seeing how they employ over four million people shop theyââ¬â¢re for values. Since Wal-Mart is able to provide discount prices, lower then other stores, gives them the ability to pull shoppers into Wal-Mart for a large variety of items.
Tuesday, November 12, 2019
Ice Cream Essay
According to market research conductedin 1996, 80% of Filipino consumers bought on impulse (they bought only upon passing an ice cream shop or scooping station, but without an intention to buy first); 98% ate ice cream was an afternoon snack. Furthermore, studies showed that per capita consumption of ice cream was less than a forth of a gallon per person per year. In 1992, it stood at 0. 23 gallons per person and declined to 0. 20 in 1993. On average, domestic ice cream market was 13. 8 million gallons from 1991-1993, worth estimated p 2. 5-3 billion per annum. Bulk ice cream comprised 86% of the industry sales while the rest was accounted for by frozen novelties. Main competitors in this include San Miguel Corporationââ¬â¢s (SMC) Magnolia and RFMââ¬â¢s Selecta. Magnolia Other trailing competitors are Universal Robina Corporationââ¬â¢s (URC) Presto, Arce Dairy Ice Cream, and Pure foodââ¬â¢s Coney Island, as well as foreign brands like Baskin-Robbins ,Dreyerââ¬â¢s and Haagen-Dazs. Magnolia ââ¬â The pioneer ice cream brand in terms of flavour, quality control, variety, technology and distribution produced by the merger of SMC and Nestle. It introduced the Flavor of the Month series that provided a huge variety of ice cream flavours to the consumer, with projected volumes of FoM ice cream sold reaching over 28 million gallons. It pioneered the introduction of tropical fruit flavours. It was the first to achieve International Standards Organization quality standards, and is the only Filipino ice cream brand that has expanded overseas. Magnolia is poised as the main competitor, as it aims to be at the forefront of the dairy industry. With increasing competition, MNC intends to make its products available in neighborhood stores and major outlets; introduce a feedback mechanism that will help the corporation monitor the market; and employ new approaches to selling. Currently, magnolia is the preferred choice of many five star hotels, fine dining restaurants, sports and country clubs and food chains.Presto ââ¬â this brand claims value for money, as part of the corporate philosophy of the Gokongweis, owners of JG summit corp. hich URC is part of, which is to make available value-for-money items for all its consumer-branded products, and as such has positioned its prices lower than Magnolia & Selecta. Presto excels in the frozen novelties market, as was demonstrated in their introduction of Tivoli bars, the first ice cream bar in the Philippines, a phenomenal success that had competitors challenge it with their own versions of ice cream bars. Presto currently holding the number three position, is determined to fur ther widen its market share and catch up with the giants. Thus, the company is eyeing the possibility of plant capacity expansion and wider distribution network. It is also determined to enhance its advertising campaigns and be very active in the communication field. Arce Dairy ââ¬â This ice cream brand was started in January 1995 and immediately got hold of a 5% market share. Its trademark was the use of carabao milk as base, comfortably within the 5-16% fat content requirement to be called ice cream because carabao milk contains considerably more fat than cow milk (9. 65% as opposed to 4. 16%). Only the expensive ice cream (super deluxe and super special) of Arce contain carabao milk, and are priced at higher than the rates of the competition, showing that Arceââ¬â¢s main strength is its appeal to the AB market where its products cost P3-5 more than its competitorsââ¬â¢ products, and as its regular ice cream products are priced lower than its competitors by P3-5 which indicates its attempt to appeal to the CD marketââ¬â¢s tendency to want every peso to count. Coney Island ââ¬â 1976 saw the entry of Coney Island in the local ice cream market. It introduced a new standard of creaminess thanks to its productsââ¬â¢ high milk fat content, setting a standard for flavour richness back then. Purefoods acquired it in 1991 and increased its production capacity without having neglected the improvement of its quality. In line with Pure Foodââ¬â¢s rule of following the highest international standards, Coney Island tried to implement the zero-vegetable fat and at least 10 percent milk fat standard of US ice cream. It used high quality ingredients like Callebaut chocolate from Belgium for its top-of-the-line products such as the Premium Bar, Pure and Simple and Bugs Bunny Bar. It repositioned itself in the market in 1995 to improve local competitiveness. It marketed its products as ââ¬Å"Not Just Ordinary Ice Creamâ⬠, supported by new flavours and packaging. Coney Island revised its product classification, and began categorizing its bulk ice cream as simply creamy, fruit and nuts, and cakes and pastries instead of the traditional premium and super premium. This move was inspired by a study that showed that consumers buy ice cream on the basis of flavour concepts. Foreign Brands ââ¬â Foreign include Haagen-Dazs, Dreyerââ¬â¢s Grand Ice Cream and Baskin-Robbins. Dreyers was the first to penetrate the local market.
Sunday, November 10, 2019
AIDS, Condoms, and Carnival
AIDS has proved to be among the most serious challenges to mankindââ¬â¢s health in the 21st century. Given its devastating effect in Africa and the fact that a cure for AIDS is still far removed, governments across the world made the fight against the disease their priority.Innovative methods are observable in Brazilian and Indian societies where authorities act in line with or opposing cultural patterns. Thus, in India the government successfully taps local barbers to talk about AIDS to their clients, reinforcing their sense of worth and respect as folk counselors.Love of movies offers another vehicle for marketing condoms. In Brazil the anti-AIDS campaigners come to grips with machismo of the local men who leave women with little bargaining power to insist on the use of condoms.The efforts to market condoms to population have proved effective, raising awareness of AIDS dangers and role of condoms in prevention of the deadly infection.The US situation is vastly different from tha t of Brazil and India and thus requires different marketing methods. The absolute majority of Americans have no financial problem with buying condoms, and women have a lot more clout to insist on their use.At the same time, sex out of marriage is less of a sin in the liberal American culture, especially among younger generation, which makes it easier for person to have multiple partners.As for campaigning, Americans are less prone to believe things they see on the screen or hear from a counselor, since in the culture of excessive marketing people at a certain age develop a sort of immunity to public messages. For this reason, Brazilian and Indian methods would not work as well for the US.London International Group correctly focuses on its role in the prevention of AIDS. To strengthen this message, the company could launch courses at schools or colleges that would include just a few sessions, promoting the knowledge of the infection and the way condoms can fend off the danger.Alterna tively, the company can sponsor the production of documentaries about AIDS and its victims.Case 4-7. AIDS, Condoms, and Carnival.
Friday, November 8, 2019
The Ultimate Gift
The Ultimate Gift Free Online Research Papers I have seen a lot of movies with different plots, themes and meanings, but the ââ¬Å"The Ultimate Giftâ⬠film by stood out among the others. It had a very special plot and took me a while to fully understand the meaning the film gave. The movie began with the funeral of Red Stevens, a very wealthy and successful entrepreneur. But it was interrupted by the loud engine of his grandson that showed up late, Jason Stevens. Jason a self centered person who has no respect for himself and his family. He was born with a silver spoon in his mouth and never had to work for anything in his life. Jason has a lot of hatred toward his grandfather because his father died in a plane crash working for Red and Jason blamed it on him After the funeral, the relatives of Red Stevens gathered in a room to hear the will and what they would receive. Red Stevens had four children, a daughter and three sons, but one of his sons, the father of Jason, died in a tragic accident. The lawyer reading the wil l is Redââ¬â¢s best friend that he met fifty years ago, Mr. Hamilton. As Mr. Hamilton began to read the will, the children of Red were anticipating receiving complete ownership of their fathers businesses, but were shocked to hear that they were only given salaries, not ownership. After hearing the disappointing news, they barged out of the room frustrated. Then once again, Jason shows up late to hear the will. Mr. Hamilton haves everybody in the room leave besides Jason. He tells Jason that his grandfather has a very special gift and plays a video of his grandfather. His grandfather tells Jason that he has been given everything and is taking the important things in life for granite. Red has set up a series of challenges for Jason; each challenge should teach him twelve very special gifts that will lead to the ultimate gift. The first gift that Red wanted Jason to learn was the gift of work. Since Jason had to never work a day in his life, he was sent to Texas to help one of Redââ¬â¢s friends, Gus, to help do some work on his ranch. When Jason arrived at Gusââ¬â¢s house, he thought it was a waste of his time. There was no TV, no cell-phone service and nothing but open land for fifty miles. The next day Gus woke up Jason at five oââ¬â¢ clock to begin his work on the ranch, but Jason called him crazy and went back to sleep. That was probably the first time he woke up that early in his life. When Jason finally got out of bed and got dressed in work clothes, Gus drove him out in the ranch to plant post. Gus showed him how to plant the post and told him they had to be even and eight feet apart from each other. When Jason finished setting up all the post he would be finished and will receive the gift his grandfather had for him. The first few days Jason did not work. Then Jason realized that maybe if he did the work he was supposed to do he would receive the gift. So Jason decided to plant the post. When he was finished, Gus came to see how he did. As soon as Gus saw the post he pulled them out and told him to do it again because the posts were uneven and not eight feet apart. Then the next day Gus walked down stairs to have breakfast and he sees Jason finishing up his plate. Gus was shocked to see Jason awake before him. After breakfast Jason was determined to the set posts correctly. He did not stop working until he finished the job which shows that Jason has the capability to accomplish his goals if he applies himself. After Gus sees Jasonââ¬â¢s finished work on the posts he congratulates him and told him he was finished here. Gus drove Jason to the airport and as soon as Jason got out of the car he asked Gus for the gift. Gus laughed and drove off. Jason returned to Mr. Hamiltonââ¬â¢s office and watched another video of his grandfather. The video told Jason that you can do anything if you work for it. After the video he started to complain that he had to physical labor and received nothing for doing it. After learning the gift of work Jason asked Mr. Hamilton what his next challenge was and he told Jason that he would find out. The next day Jason drove in the parking garage of his apartment. He went up stairs, opened his door and saw that everything inside his apartment was gone. He ran downstairs and saw a tow truck towing his car away. Jason went back to Mr. Hamiltonââ¬â¢s office and watched the next video from his grandfather. His grandfather said that he was the life of the party but he had no true friends. Mr. Hamilton told Jason to come back at the end of the month with one real friend and he would learn the gift of friendship. One night, Jason took out his girl friend to a very nice restaurant for dinner. When the bill came Jason gave the waiter his credit card. The waiter came back and told Jason that the credit card was rejected. He shrugged and pulled out another one of his many credit cards to pay the bill. But the waiter came back again and told Jason the same thing h e did before. Realizing that he couldnââ¬â¢t pay the bill because he was broke, Jason asked his girl friend to cover this dinner. She looked at Jason and felt insulted that he asked her to pay the bill and left. After dinner, Jason started calling his fake friends for a place to stay and some money, but everyone ignored him and hung up on him. Later that night Jason went to his motherââ¬â¢s house for a warm place to sleep. When his mother answered the door she denied him a place to stay because she was told not to. Jason wondered around the park and had no other option but to sleep on the bench in the park. The next day Jason met this little girl named Emily and her mother and acted ignorant towards them. He asked them if they could be his friends for a while to help him out and in return he would take them to Disney World. Emily called Jason pathetic and left. Emily and her mother return to the par the next day to eat lunch, but they were disturbed by a homeless man. Jason s ees that the homeless man is harassing Emily and her mother, so he gets the homeless man to leave them alone. In return for helping to get rid of the homeless man, Emily and her mother invite Jason to lunch. During lunch they talk about Jasonââ¬â¢s the challenges his grandfather has arranged for him to receive his part of the will. He tells them that he needs a true friend to come with him and they agree. Emily and her mother go with Jason to Mr. Hamiltonââ¬â¢s office. Mr. Hamilton was shocked to see that Jason has made a friend. After the meeting Emily told Jason to meet her at the same time tomorrow for lunch, but he laughed and walked away. Jason didnââ¬â¢t want to be friends with her; he used her to get him through to the next gift. The next video that Jasonââ¬â¢s grandfather talked about was the gift of money. Jason was given a bill for the work he did on Gusââ¬â¢s ranch and he was to spend it on someone with a real problem which is also the gift of giving. Jason goes out and heads to the park planning on giving some of his money to the homeless man that wonders around there. But when Jason finds the homeless man, he runs off and drops a womenââ¬â¢s purse. Jason goes over and looks through to see who it belongs to. He finds out that the purse belongs to Alexia, Emilyââ¬â¢s mother. While looking through the purse Jason saw bills that are from the apartment rent for large amounts due. So Jason went to the hospital to return her purse. He asked around for her and was sent to Emilyââ¬â¢s room. Jason walked in and saw Emily and noticed that she had a cancer because she had no hair. Shocked to see Emily with no hair, he placed the purse down and left the room. Leaving Emilyââ¬â¢s room, Jason ran in to Emilyââ¬â¢s mother. She asked why Jason was here but she saw the look in his eyes and new that he saw Emily. Jason asked what was wrong with Emily and Alexia told him that she had leukemia. Jason offered to help her pay their bills but she didnââ¬â¢t want his help. But Jason decides to donate the money to Emily and her mother to anyway. This shows that Jason can think about others besides himself. Jason returns to Mr. Hamiltonââ¬â¢s office and ask to see the next video of his grandfather right away. Mr. Hamilton plays the video. Red tells Jason that he should get the whole family together for Thanksgiving dinner for the gift of family. Red also says the best way to solve a problem is to confront it and the problem Jason has is his family and Jason will learn the gift of the problem. Jason immediately denies doing it but he has too. Instead of going by himself to Thanksgiving he decides to ask Alexia. He goes to the hospital and finds her there. They started to talk and Emilyââ¬â¢s mother said that someone paid her bills. She knew that Jason paid her bill and she told him thank you. That simple thank you she gave to Jason is an example of the gift of gratitude. Then Jason asked her to join him at Thanksgiving but she told him no because she wanted to spend the holiday with her daughter. Later that day Emily and her mother are reading in the hospital until Emily saw the s mirk on her motherââ¬â¢s face and asked her what was on her mind. Emily guessed that her mother was thinking about Jason. Her mother told her that Jason invited him to Thanksgiving dinner with his family but told him no because she wanted to spend it with her. But Emily wanted her mother to spend Thanksgiving with Jason and made her go with him. So Jason and Alexia went to Thanksgiving dinner at Jasonââ¬â¢s uncleââ¬â¢s house. During the dinner all the family talked about was money and who has the most. Jason grew tired of hearing his family and there selfishness and left. He realized that his family will never care about anything else besides money. To solve the problem in his family, Jason tells them that they are all pathetic. Another video is played for Jason. Red talks about learning and how Jason needs to learn to learn, he doesnââ¬â¢t know everything. There are more things in the world to learn besides knowing how to spend money. So Jason decides to visit a library that his grandfather owns in Ecuador. He flew down and met up with a tour guide. The tour guide took him to the village where the library was and Jason entered the library and started reading. Later that night some of the village people invited Jason to a bond fire in honor of Red Stevens. They shared stories and laughed most of the night. Jason learned the gift of laughter at this bond fire and learned how it feels to have a fun time without spending money and being surrounded by fake friends. The three gifts that Jason learned are the gift of love, laughter and the gift of the day. The best example I saw during the movie when Jason expressed these gifts was the day he dedicated to Emily. Jason grew very close to Emily and Alexia over the months. Since Jason missed Christmas because of some series of unfortunate events, he wanted to make it up to Emily and Alexia. He flew Emily and Alexia out to Texas for a surprise. When they got there, they drove to Gusââ¬â¢s ranch to see his yard covered with snow and his house lighten up with lights. During the day Jason did everything that Emily wanted to do. One of the activities that Emily did was go horseback riding. While horse back riding Jason told Alexia that he didnââ¬â¢t know that Emily liked horses. Alexia started to cry and said she doesnââ¬â¢t like horses; sheââ¬â¢s the one who does. This touched me to see a girl of her age show so much love and unselfishness towards her mother. Later that night, Jason and Emil y were sitting on the couch by the fire talking. Emily told Jason that she wanted her mother to have someone after she passes away and wanted Jason to be that someone. Jason then asked Emily what her dream was and she told him that her dream was to have a perfect day and that she was just finishing it. Even though Jason didnââ¬â¢t have any dreams for himself, he helped someone who really needed it to complete their dreams and make the last day of her the life the best day. Emily dies the next day in the hospital of her cancer. Jason felt a lot of pain when she passed because that was his best friend, his real friend. She accepted him as a friend for who he is, not the number of credit cards he has. At the end of the year Jason came in to watch the last video of his grandfather. Red told Jason that he was sorry for everything he has done to him and hopes that what he learned over the year will help him live a more spiritual life. Red tells Jason good bye and thatââ¬â¢s the last Jason will hear from his grandfather. At that moment, Jason felt bad that he acted like a moron towards his grandfather and wishes he could take it back. Jason shows the first sign of love towards his grandfather when he cries at the end of the video. As said Jason would receive a prize if he succeeded his grandfatherââ¬â¢s challenges. Mr. Hamilton gave Jason an envelope; Jason opened it, and found a one million dollar check and was given control of his entire grandfatherââ¬â¢s estate. Jason decides to build a cancer center for those who are diagnosed with cancer. He called it Emilyââ¬â¢s home. All the gifts that were taught equal up to answer the question what is the Ultimate gift. The answer is that there is no correct answer; all the gifts are needed to live with a complete soul. Research Papers on The Ultimate GiftThe Masque of the Red Death Room meaningsBook Review on The Autobiography of Malcolm XNever Been Kicked Out of a Place This NicePersonal Experience with Teen PregnancyHarry Potter and the Deathly Hallows EssayWhere Wild and West Meet19 Century Society: A Deeply Divided EraThe Fifth HorsemanTrailblazing by Eric AndersonQuebec and Canada
Tuesday, November 5, 2019
Scalet Moby essays
Scalet Moby essays The two authors Herman Melville and Nathaniel Hawthorne share much interest in both their stories. They both have examples of the dark side of human nature and the complexities of human psychology. Also some of the characters in their story get alienated, also some have distortions in their ego. They both have many examples of these in their stories. In Moby Dick, Melville used Captain Ahab to show the dark side of human nature. I (Ahab) will wreak that hate upon him. (Moby) Talk not to me of blasphemy man; Id strike the sun as if it insulted me.(Melville 237) This shows Ahab expressing his dark nature toward the white whale Moby. Now in The Scarlet Letter, Hawthorne uses Chillingworth to show the dark side of human nature. I shall see him (Dimmesdale) tremble. I shall feel myself shudder, suddenly and unawares. Sooner or later, he must needs be mine. (The Scarlet Letter, 52) Chillingworth indeed shows his evil by going after Dimmesdale like that. It is almost inhumane to have that kind of hate toward someone. The complexity of human psychology basically means why do people do the things they do. Vengeance on a dumb brute!(Melville, 237) Starbuck, Ahabs second hand man says this toward the captain. He wonders why Ahab goes after something so dumb and unimportant when he can easily be rich by going after the whales that are easy to capture. Hester Prynne is used in The Scarlet Letter to get Hawthornes point across. Resumed the symbol of which we have related so dark a tale. Never afterwards did it not leave her bosom.(The Scarlet Letter, 179) The symbol of which Hawthorne is of course the letter A which Hester wore to show she committed the crime of adultery. In the end of the story she has the chance to not wear the letter any more and start over again. But she keeps wearing it in public showing people of her crime. This is very strange for a human to...
Sunday, November 3, 2019
Concert review Essay Example | Topics and Well Written Essays - 500 words - 1
Concert review - Essay Example What I experienced was not what I had expected. Upon first entering the concert I was immediately shocked by the people that I saw there. I had expected a lot of people that might go to a rave. I had expected that there might be a great deal of drug use among the concert goers. However, this was not the case. The person that felt the most out of place at the concert was defiantly me. I had quickly chosen my wardrobe for what might be co considered appropriate dress to a rock concert or any other form of traditional pop music concert. I had on jeans, a flannel shirt, and flip flops. However, the first thing I realized is that I was severely under dressed. Most of the concert goers I was greeted with had business or formal attire. As such, the concert provided a level of sophistication that my stereotypes had not predicted. Likewise, when the music started I was also surprised. I had expected driving beats and searing electronic sounds that categorized ââ¬Å"technoâ⬠music as I understood it; however, what my ears were greeted by was anything but that. The DJ worked to mix the melodic female vocals with a variety of themes; none of which relied exclusively upon the driving bass that I had previously incorrectly labeled the performance. Likewise, the music was not what I would categorize as dance music. Due to the emphasis on melodic/upbeat lyrics, the music gave an ethereal quality to the experience; doubtless this is one of the reasons why the genre is called ââ¬Å"tranceâ⬠. In this way, I cannot say that I hated the style. Although it was something that I was not used to, I found myself enjoying the progressions and positivity that the music engendered. Furthermore, due to the dream-like state that the music induces, it was a shock to me when I realized how the time had flown by and it was already time to go home. If there was one thing that I could change about the concert it would
Friday, November 1, 2019
Employability Assignment Example | Topics and Well Written Essays - 1500 words
Employability - Assignment Example In the present scenario, there is no such situation where there is an elongated job for life. This means that it may not be possible for an individual to generate long-term contract with an organisation and in the meantime an organisation cannot expect an individual with loyalty and dedication towards the job. In the past scenario, there was a long-term commitment between an individual with an organisation. However, at the present time there is a chance for an employee to leave an organisation after a few months notice and may get appointed in the competing organisation (Senyucel, 2009). The commitment, motivation and job satisfaction of an employee are closely related which may result in increase in employeeââ¬â¢s performance level. The trust, bond and commitment that were present between individuals and organisations have become weak in present scenario. The bond can be created by the human resource management itself by making inner investment within an organisation. Employees e xpect that their employers should consider them as one of the valuable assets of an organisation. Nowadays, employees expect the employers to invest on their training and development and for this organisations want the employees to be creative, flexible as well as productive (Senyucel, 2009). The psychological agreement between organisations and employees provides no benefit to employees because there is no enduring job security for them and organisations are continuously changing the conditions of employment. As there is huge competition, the employees are looking for better opportunities in order to develop their knowledge as well as skill. Organisations in present condition, at times hire an individual on a short-term basis. As a result, there is no employment assurance for an individual. The organisations are incapable of fulfilling the psychological contract as demanded by an employee due to various reasons. The training and development as required by an employee from an organi sation requires both time and resources for conducting such program. An organisation has less time to allocate the entire resources for the programs for employee. To fulfil this need, other employees need to be allocated in place of one who undergoes training program, but it seems to be quite difficult because hiring of new candidate for short-term is required and as a result more wages have to be paid to increased number of employees. Therefore, the psychological agreement seems to be unable to be fulfilled by an organisation (Senyucel, 2009). Change in the nature of work also has an impact on the older generation people. A few individuals prefer to leave the job due to physical activities whereas the others remain in the job. According to a report published by Richard W. Johnson, in the year 2006, employees faced various types of job demand. Only 7% of employees were interested in physical activities related work. Nonphysical works were in high demand among the individuals. 35% em ployees were employed in the job which requires high cognitive skill. Use of computer has become significant for performing the job. 18% of employees need relevant skills as well as knowledge and interpersonal skill has become vital for 34% of jobs. In present jobs, stress has become a common aspect. About 9% of employees are involved in stress related to conflict
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