Blue Nile Case Essay Example for Free

Blue Nile Case Essay Background Blue Nile has grown into one of the largest jewelry retailers in the United States with only using the Internet as its distribution channel. The success is a direct result of a well-crafted business strategy that attracts high price customers and provides them with in-depth education about diamonds and jewelry. Gamble, Peteraf, Strickland III, and Thompson (2012), indicated that the company’s strategy provides customers with high quality diamonds, exceptional customer service and low prices (p. c-128). They pride themselves on their selection and outstanding education that they provide to consumers looking for the perfect diamond. In addition they have received various awards and recognition from Forbes and Bizrate.com (Thompson, Peteraf, Gamble, Strickland, 2012, p. C-127). Blue Nile has found a niche in which to differentiate itself by creating an online marketplace for jewelry shopping and with low operating costs which makes them extremely competitive. In viewing Blue Niles website, one can see that they have a vast amount of for potential buyers, that which determine a diamond’s value- carat, clarity, color, cut, and cut grade. Strength The company has a user friendly site that present a lot of diamonds styles to choose from with the 5C’s of diamond selection which are cut shape, cut, color, clarity and carat weight. Their price is much lower than others. Blue Niles also prides themselves on their selection and outstanding education that they provide to consumers looking for the perfect diamond (Thompson, Peteraf, Gamble, Strickland, 2012, p. C-127). Weakness Blue Nile competes in a small area with a specialty offering. Brand awareness remains a constant source of weakness for the company. Blue Nile, Inc. needs to increase their advertising campaign to attract new and retain old customers. Opportunities Blue Nile needs to create a strong brand awareness that will allow can compete with Tiffany and Co. Blue Nile, Inc. recently opened warehouses in Canada and Britain, but has limited globalization to sales of 40 nations. Blue Nile will need global growth into the European market could prove to be a financial success. Threats Through the operating capital calculations it indicates that Blue Niles strategy is needs some adjustments in the current market space. From 2005 to 2009 the cash that has been available for the firm’s day-to-day operations has dropped dramatically. There was an estimated $58.8 billion in sales in the United States alone in 2009 (Thompson, 2012, p. C-127). With Blue Nile taking $302 million in sales in 2009, they had a great year but in reality only maintain a less than 1% of the market industry hold. This suggests that there is room for growth in this are. With steady profits for the past two years, 2011 has been the best year even though the 4th quarter resulted in small loss. The company profits are 2011 $348 million, 2010 $332.9 million, 2009 $302.1 million, and in 2008 $295.3 million be (Blue Nile, 2012, Investor Relations). References: Blue Nile, Inc. 2011 Annual Report (2012). Blue Nile, Inc. (online). Retrieved from http://files.shareholder.com/downloads/NILE/1855688484x0x560442/D1DAE1BA-0161-4574-8447-242F9561DF0E/2011_Annual_Report_FINAL.pdf Thompson, A. A., Peteraf, M. A., Gamble, J. E., Strickland, A. J. (2012). Crafting executing strategy: The quest for competitive advantage (18th ed.). New York, NY: The McGraw-Hill Companies, Inc. Discussion 6.1 Jeffrey Clapper Jeffrey, I agree with your posting and I enjoyed reading it also. In reviewing the financials and the Internet site, it is apparent that Blue Nile spends a lot of money in the area that has no direct impact on generating profit. Blue Nile is now pursuing a new market consisting of non-engagement jewelry by offering an expanded range of products across several price points. This market should offer a great amount of growth opportunities for now and the future. All in all the brand and name recognition is the key aspect that the must pay attention to. Discussion 6.1 Michael Veltman Michael, Your post was very insightful. A main issue for Blue Nile is the lack of exposure through the their advertising. Blue Nile offers the best prices while still being able to create a profit. The low operations cost of the business enables them to offer low prices and still make a profit. On the other hand the lack of store front exposure creates a problem for gaining additional clients. By adding new products they can create there reach and drive more revenue.

Julius Caesar as a Tragic HEro Essay -- essays research papers

Julius Caesar as a Tragic Hero   Ã‚  Ã‚  Ã‚  Ã‚  The Ides of March mean much more than March 15th, it was also the day Julius Caesar, the Roman general and leader was killed. Although this day is not a holiday, we should take time to think of things Caesar didn’t on this fateful day. In â€Å"Julius Caesar,† by William Shakespeare, Caesar that morning solidified his place as a tragic hero because of his tremendous fatal flaw. Aristotle once defined the tragic hero as a person of noble or influential birth, who has a moral personality. The tragic hero also must have one hamartia, which is a fatal flaw. This fatal flaw is the cause of the person's downfall. This also means that it is a noble person, and it is one part of their personality that brings them down. Julius Caesar is a tragic hero because he was a champion of the people, but it was his hubris that led to his death. Caesar was a great leader and well-loved by Romans, but his arrogance made the people who were close to him mad and jealous of him. It was Caesars excessive pride that led directly to his death. We see evidence throughout the play through the dialogue and events that this is true.   Ã‚  Ã‚  Ã‚  Ã‚  Firstly, Caesar was a great leader and adored by his subjects. At the opening of the play, all of the Romans in the streets are cheering for Caesar and rejoicing in his triumph. Although two soldiers don’t agree, the first we hear of Caesar is that is a eagerly supported. At the Feast of Lupercal, for example, Marc Antony tries to crown him king three times, and each time, Caesar refuses. As he does, the people cheer for him because they bel 09ieve him to be so noble. This shows how the people revered him, admired him, and accepted him as their leader. They cheered for him in the streets and supported his every move. Caesar had made many positive changes in Rome, and people appreciate that. Caesar is a good, observant leader as he notices the way that Cassius is not a man to be trusted, and he is correct. He understands people and paid close attention to the way Cassius spent too much time thinking, and not enough time enjoying life and the arts. He warns M arc Antony that they should watch out for Cassius. â€Å"Yond Cassius has a lean and hungry look; He thinks too much; such men are dangerous †¦ Such men as he be never at heart's ease/ Whiles they behold a greater than themselve... ...d it.   Ã‚  Ã‚  Ã‚  Ã‚  In conclusion, it is clear that Caesar is a great man with one tragic flaw: hubris. His arrogance is so strong that it taints his wisdom and takes away his fear. This shows us that fear is actually a great asset and tool not just for all of mankind. As long as people don’t let fear take over them, it will help keep them safe. To have no fear at all is not an advantage or strength, but a foolish flaw. Although Caesar is a great leader and admired by the people, his arrogance makes others mad and jealous and causes them to find reasons why they would be better off without him. Finally, this arrogance leads directly to his death because it takes away his fear, and therefore his ability to pay attention to the many signs that should have shown him that he was in danger. We have seen evidence that is was this lack of personal fear, which comes from Caesar’s hubris, that causes him to allow himself to be in a position to be killed by his own men, including his own best friend. So, when the Ides of March come around each year on March 15th, we should all take some time to remember, that a little fear is a healthy thing.   Ã‚  Ã‚  Ã‚  Ã‚  

Personal Development in Health Essay

Outcome 1: Understand what is required for competence in own work role Describe the duties and responsibilities of own work role. On a day to day basis the daily jobs are as follows: Daily weekly jobs Am Check money tins Visual check of home and exterior Support clients in Breakfast Support Clients in getting up and showering if needed Medication at 9am Handover form Early to Mid shift if needed Support clients in their jobs Own administration jobs to be completed throughout day inc SWIMS, Time Sheets, Emails, objectives, my way forward etc. Link working with clients Answer phone, and complete anything as it comes in Prepare lunch and dinner Medication at 1pm Handover to PM staff at 2pm as long as is needed PM need to check money tins Check jobs and clean etc if needed Support clients as needed 4.45 medication before M shift goes 5.30 evening meal is served Any PM specific cleaning jobs 9pm Sleep shift comes on with Handover 9.30 Evening Medication is given Sleep shift checks fridge and freezer temperatures Sleep specific jobs see cleaning list by microwave Closing checks of Home Assist clients to bed if needed On the wider scale my job is as follows: JOB PURPOSE To provide care and support to individuals residing in a Registered Care Home setting. CLIENT SUPPORT †¢ To actively seek to empower service users to gain and maintain control over all aspects of their lives †¢ To support clients with personal care as detailed in care plans developed by others ensuring they are treated with dignity and respect at all times †¢ To undertake tasks as directed by Senior Registered Support Worker and/or Service Manager †¢ To support clients with laundry activities †¢ To order food for the RCH and/or support clients with shopping †¢ To support and /or accompany clients to collect benefits or other†¦ Continues for 9 more pages  » Read full document Full access is free for premium users. Add to Library (0) DownloadPrint Report this Essay Facebook Twitter Google+ Send Rate This Document 4.5 12345 Read full document Full access is free for premium users. Document Details Views: 168 Words: 2433 Related Essays Unit 332 – Engage in p†¦ †¦Page 1 – Kathryn Di Terlizzi Unit 332 – Engage in personal development in health, social care†¦ 10 Pages October 2013 Engage in Personal Devel†¦ †¦Engage in personal development in health, social care or children’s and young people’s settings†¦. 6 Pages October 2012 Sc32: Engage in Personal†¦ †¦SC32: Engage in personal development in health, social care or children’s and young people’s†¦ 10 Pages March 2013 SHC 32: Engage in person†¦ †¦SHC 32: Engage in personal development in health, social care or children’s and young people’s†¦ 6 Pages March 2014 Unit Shc22 – Introductio†¦ †¦SHC 22 1.1 Describe and explain the duties and responsibilities of your own work role†¦. 7 Pages November 2011

The Effects Of Technology On Teen s Brain Development

In the world today, the predominant force in teen’s lives is the use of their mobile devices, computers, and other forms of electronics. As the use of technology increases, concerns are growing about the amount of screen time teens should be exposed to, and if the use of technology can affect a teen’s brain development. The American Academy of Pediatrics, or the AAP, is considering raising the two hour screen time limit to four hours because of the growing use of electronics in our day and age. However, because teens’ brains develop differently than adults, parts of their brains are not mature enough. Some parts, such as the prefrontal cortex, which is responsible for thinking ahead and sizing up risk and reward, are not fully developed. Therefore, the use of technology can greatly impact a growing teen’s brain, and influence from mobile devices or electronics can have both a positive or negative effect on their brain. As a result, some people believe that the screen time limit shouldn’t be raised, however others believe the AAP should raise its standards. In the texts, â€Å"What’s Going on In Your Brain?† by Linda Bernstein, â€Å"Growing Up Digital† by Matt Richtel; â€Å"Attached to Technology and Paying the Price† by Matt Richtel, â€Å"AAP Policy Statement: ‘Children, Adolescents, and the Media’†, it has been delineated that the use of technology can have a negative influence on growing teens. Therefore, the AAP should not raise its recommended daily entertainment screen time fromShow MoreRelatedMobile Phones Changed The Way Of Communication And Life Style1614 Words   |  7 Pagesassociate with some keywords about topic. Next, we research our keywords from the academic articles and internet resources. We find some academic books can provide some accurate data including the quantity of radiation from cellphones and the development of cellphone. 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