Wednesday, October 30, 2019
Global Marketing Strategy (China Automotive Industry) Essay - 1
Global Marketing Strategy (China Automotive Industry) - Essay Example legal, socio-cultural, technological and environmental condition of China has allowed to efficiently evaluating the scopes and barriers of market entry for the organisation. The discussion has also evaluated the Hofstedeââ¬â¢s cultural dimensions of the China population to detail their purchasing behaviour. This analysis has allowed the study to demonstrate the rationale behind choosing the China automobile market. The next section of the discussion has evaluated different international entry modes and their advantages and disadvantages. It has also provided details about the China market entry strategies of different leading organisation such as Volkswagen, General Motors and Toyota. This study has assisted to select joint venture as a suitable entry mode for the organisation in China market. The study has elaborated different external and internal factors that are influencing the international market entry procedure. Finally the report has detailed the market development strateg ies of the organisation in terms of different marketing mix tools. The report is based on designing the international market entry mode and market strategy development for a British automobile business, Ariel Motor Company. The report will assist the management of the organisation to analyze the international market entry and development strategies for China automobile market. The discussion will give details about the external market environment of China and competitive position of its automobile industry. The study will also illustrate the available market entry mode while discussing the suitable market entry strategy for the organisation in the China market. Finally, the report will detail about the elements of marketing mix to discuss the market development strategies of the organisation. Ariel Motor Company is the smallest automotive company situated in Somerset, England. Currently, the organisation possesses a total of 19 employees. Till date, the organisation has produced almost
Sunday, October 27, 2019
Research on Immunology in Pregnancy
Research on Immunology in Pregnancy Investigative Review Nichole Gale The systems controlling the implantation and acceptance of the genetically and immunologically foreign fetus within the maternal body have often been likened to that of an organ transplant, or the growth of a cancerous tumour. The fetus is ââ¬Ëlike a transplanted kidneyââ¬â¢, in the way that it is ââ¬Ëgenetically different from the hostââ¬â¢ and ââ¬Ëmust evade immune defences to avoid rejectionââ¬â¢ (Quinn 1999). The fetus inherits ââ¬Ëforeign paternally derived histocompatibility genesââ¬â¢, meaning that ââ¬Ëthere is close contact between two genetically disparate individualsââ¬â¢ within the maternal body (Warshaw 1983, p63). Thus, the fetus is often referred to as an allograft, an allograft being a ââ¬Ëgraft transplanted by an individual that is not genetically identical, but of the same speciesââ¬â¢ (Marieb 1998, p789). The subject of fetus acceptance and tolerance within the maternal body has triggered great interest and controversy, and the sy stems that allow the acceptance of the fetus are complex and varying. Internal gestation has involved ââ¬Ëa wide range of adaptations of animals for retention of young within the body of the parentââ¬â¢ (Warshaw 1983, p63). The human immune system includes many ââ¬Ëcellular patterns that constantly exchange informationââ¬â¢ to provide the body with the ability to ââ¬Ërecognise foreignness or ââ¬Å"non-selfâ⬠in the form of antigens that enter our bodyââ¬â¢ (Warshaw 1983, p200). The recognition of antigens spark the inflammatory response, which must act with ââ¬Ëminimum damage to the hostââ¬â¢, in order to ââ¬Ëeliminate the intruderââ¬â¢ (Warshaw 1983, p200). ââ¬ËAntigens are expressed by early human embryonic tissueââ¬â¢ (Loke 1978, p5), so it could be expected that the early human embryo would trigger an inflammatory response to rid the motherââ¬â¢s body of the ââ¬Ëforeign bodyââ¬â¢. The exposure to non-self paternal antigens on the fetus ââ¬Ërequires the adaptation of the maternal immune system to prevent the rejection of the allogeneic fetus without compromising the ability of the mother to fend off infectionââ¬â¢ (Koch Platt 2003). The immune system consists of an innate (humoral) and an adaptive (cellular) component, in order to combat potential pathogens. It has been suggested that the main immune response triggered by the fetus is the adaptive response, where there is antigen representation, followed by response instruction by Helper T cells (Quinn 1999). In normal pregnancy, progesterone suppresses the humoral response. This has been used to explain why some autoimmune diseases, such as rheumatoid arthritis that are under humoral effect, often improve during pregnancy (Quinn 1999). Early work on immunological tolerance, conducted by Medawar, has been the foundation of further studies regarding the paradox of pregnancy. Medawar proposed three mechanisms that might together act to allow immune protection of the fetus. Two of Medawarââ¬â¢s earlier suggested mechanisms have since been proved to not actually ââ¬Ëpertain during pregnancyââ¬â¢ (Aluvihare, Kallikourdis Betz 2004). The first hypothesis was that there was ââ¬Ësegregation of the fetal and maternal circulationsââ¬â¢, or that ââ¬Ëa barrier might form between the mother and fetus, preventing exposure of the maternal immune system to allogeneic antigens expressed on fetal tissueââ¬â¢, leading to immunological ignorance (Koch Platt 2003). Medwarââ¬â¢s second hypothesis referred to the immunological immaturity of fetal tissue, and this allogenic immaturity acting to suppress the ââ¬Ëexpression of antigens that the maternal immune system might recognise as foreign and target for dest ructionââ¬â¢ (Koch Platt 2003). More recent research has tended to focus on Medwarââ¬â¢s third hypothesis, ââ¬Ëthat the maternal immune system somehow ignores potentially immunogenic fetal tissueââ¬â¢ (Aluvihare, Kallikourdis Betz 2004). Leading from this, there has also been much focus on ââ¬Ëthe means of inducing immune tolerance, the emergence of T cell suppression in mediating peripheral tolerance, the mechanisms mediating matererno-fetal tolerance and the role played by regulatory T cells in mouse and human pregnancyââ¬â¢ (Aluvihare, Kallikourdis Betz 2005). Koch and Platt (2003) suggest overlapping mechanisms such as ââ¬Ëthe formation of an anatomical barrier between mother and fetus, lack of maternal immune responsiveness, and a lack of expression of allogenic molecules by the fetusââ¬â¢ to account for the lack of fetal rejection. These mechanisms can help in beginning to understand how rejection is avoided, yet do not ââ¬Ëcompletely explain how the fetus evades the maternal immune systemââ¬â¢ (Koch Platt 2003). Harding and Bocking (2001, p238) state that it was originally proposed that the maternal-fetal interface was perhaps ââ¬Ëan immunologically privileged siteââ¬â¢, or that there was a ââ¬Ëgeneralised suppression of maternal immune responseââ¬â¢. Recent studies have challenged earlier theories such as these, and it has since been found that not only is there actual recognition of fetal alloantigens by the motherââ¬â¢s immune system, but that her body also responds to them. Fetal cells can be detected in maternal circulation, and ââ¬Ëfetal tissue expresses MHC class I and class II and is antigenically matureââ¬â¢ (Aluvihare, Kallikourdis Betz 2004). MHC are major histocompatibility complex proteins coded for by genes. Class I are found on virtually all body cells, whereas class II displayed only by cells that act in immune response (Marieb 1998). The understanding of the immune events and mechanisms occurring at the maternal-fetal interface are likely to help in the understanding of the ability of the fetus to survive within the maternal body. Since Medawarââ¬â¢s proposed hypotheses, much focus has continued on fetal immune evasion mechanisms. As well as the three mechanisms above, suggested by Medawar, Koch and Platt (2003) explore a fourth mechanism, site-specific suppression. This refers to ââ¬Ëlocal suppression of maternal immune responses at the maternal-fetal interfaceââ¬â¢ (Koch Platt 2003). ââ¬ËLocalised suppression at the maternal-fetal interface during pregnancy negates the need for systemic immunosuppression which could threaten the well-being of the motherââ¬â¢ (Koch Platt 2003). Earlier studies suggested that trophoblast acted simply as a barrier between the mother and fetus, but it now seems that perhaps that it could have ââ¬Ëdiverse immunoregulatory properties controlling immune recognition, activation, and effector functionsââ¬â¢ (Koch Platt 2003). It has been proposed by various studies that T cells play a major role in sustaining pregnancy. T cells are lymphocytes that mediate cellular immunity. ââ¬ËT cells with regulatory functions are potent suppressors of T cell responses and can protect tissues from T cell mediated destructionââ¬â¢ (Mellor Munn 2004). Observations in experimental pregnant mice have shown that while pregnant, they tend to ââ¬Ëoverproduce a kind of T cell that reins in other immune cells that might target the fetusââ¬â¢ (Seppa 2004). In one study, conducted by immunologist Betz (Seppa 2004) it was found that ââ¬Ëpregnant mice have double to triple the number of CD4+ CD25+ T cells, also called regulatory T cells, in their blood, spleen, and lymph tissue as do female mice that are not pregnantââ¬â¢. It has also been shown that in humans, levels of circulating CD4+ and CD25+ cells ââ¬Ëincreases progressively at each stage in human pregnancy starting from the first trimesterââ¬â¢ (Mello r Munn 2004). It has been ââ¬Ëdemonstrated that Tregs (T regulator cells) have a key role in regulating maternal effector T cell responses to fetal alloantigensââ¬â¢ as maternal effector T cells seem to ââ¬Ëpose a potentially lethal threat to the developing fetus in the absence of regulatory function mediated by maternal Tregsââ¬â¢ (Mellor Munn 2004). It has also been speculated ââ¬Ëthat hormonal changes during pregnancy might provide one explanation for enhanced maternal Treg development during fetal gestation because pregnancy-associated hormones, such as progesterones, promote immunosuppressionââ¬â¢ (Mellor Munn 2004). In regard to the suppression of maternal immunity, it is still ââ¬Ëunclear if Tregs directly or indirectly inhibit effector T cell responses to fetal alloantigensââ¬â¢ (Mellor Munn 2004). To further test the cellsââ¬â¢ effect on pregnancy, 30 female mice were mated with males. 15 out of the 30 mice had fully functioning immune systems, whilst the other 15 mice lacked the regulatory T cells. While a slightly higher than normal number of healthy female mice became pregnant, none of the mice lacking T cells were able to become pregnant. It seems that the role of T cells remains unclear, but that further understanding ââ¬Ëof the role of regulatory T cells might also lead to new treatments for suppressing rejection of transplanted organs and inhibiting autoimmune reactions, in which a persons immune cells attack his or her own tissuesââ¬â¢ (Seppa 2004). Mellor and Munn (2004) also suggest that the revelation that ââ¬Ëmaternal Tregs might help protect the developing fetusââ¬â¢ will have various implications, not only the possibility of offering alternative therapies to suppress immunity, but also possibilities for ââ¬Ëimproving pregnancy success rates in p atients with problematic pregnanciesââ¬â¢. Again, the effect of T cells on autoimmune diseases is referred to by Mellor and Munn (2004), ââ¬Ëincreased systemic Treg function might explain why some autoimmune syndromes, such as rheumatoid arthritis, go into remission during pregnancyââ¬â¢. There has also been some discussion on the role of macrophages as immunoregulators of pregnancy. It has been claimed that most attention has focused on immune tolerance to the invading trophoblast and fetus, but Mor and Abrahams (2003) suggest that it is also important to ââ¬Ëconsider the function of the maternal immune system in the promotion of implantation and maintenance of pregnancyââ¬â¢. During implantation, apoptosis is necessary for ââ¬Ëtissue remodelling of the maternal decidua and invasion of the developing embryoââ¬â¢ (Mor Abrahams 2003). It has been sited that apoptosis is active in the ââ¬Ëtrophoblast layer of placentas from uncomplicated pregnancies throughout gestation, suggesting that there is a constant cell turnover at the site of implantation necessary for the appropriate growth and function of the placentaââ¬â¢ (Mor Abrahams 2003). During implantation and invasion, it appears that a large number of macrophages are present in the maternal decidu a and in tissues close in proximity to the placenta. Originally it was thought the large numbers of macrophages were ââ¬Ëto represent an immune response against the invading trophoblastââ¬â¢. Mor and Abrahams (2003) propose that this may not be the case, and that ââ¬Ëmacrophage engulfment of apoptotic cells prevents the release of potentially pro-inflammatory and pro-immunogenic intracellular contentsââ¬â¢. Trophoblast cells carry proteins that are antigenically foreign to the maternal immune system. If these proteins are released as a result of cell death, it could initiate or accelerate immunological responses, ââ¬Ëwith lethal consequences for the fetusââ¬â¢ (Mor Abrahams 2003). Therefore, the appropriate removal of the intracellular components by macrophages may be critical for the prevention of fetal rejection. Mor and Abrahams (2003) conclude that the ââ¬Ëfield of apoptotic cell clearance is beginning to flourish, and many questions remain unansweredââ¬â¢. There is not just one mechanism involved in the immune regulation of pregnancy, but ââ¬Ëmultiple, diverse mechanisms that are likely sequential during gestationââ¬â¢ (Koch Platt 2003). As humans have a much longer gestation period, and a more invasive placental anatomy, it is sometimes difficult to test in laboratory animals and apply results to humans, as there may be different mechanisms. But it is believed that mechanisms involved with the fetus can be utilised in the studies of rejection following transplantation. As Koch and Platt (2003) suggest, ââ¬Ëknowledge of the immunoregulatory mechanisms of both the fetus and stem cells will help immunologists understand general mechanisms of tolerance and immune evasion, and will prove invaluable in the fields of organ and cellular transplantationââ¬â¢. It has been suggested that both studies in stem cells and fetal rejection can benefit each other and help in understanding of systems involved. Pregnancy has also been said to have overall effects on the motherââ¬â¢s immune system and maternal defence against organisms. According to Creasy and Resnik (2004, p103) ââ¬Ënumerous reports indicate that pregnant women have increased susceptibility to a variety of infectionsââ¬â¢. It is said that ââ¬Ëthere appears to be a trend toward increased susceptibility to viral infections, consistent with suppressed cell-mediated immunity and a relative decrease in Th1 (humoral/innate) responses during pregnancyââ¬â¢ (Creasy Resnik 2004, p103). However, it also added that ââ¬Ëmore recent carefully analysed data do not indicate that maternal immunity is substantially impaired, and most pregnant women are able to adequately respond to most infectious diseasesââ¬â¢ (Creasy Resnik 2004, p103). Harding and Bocking (2001, p238) also claim that most studies tend to suggest that ââ¬Ëmaternal cell-mediated immunity is unchanged during pregnancyââ¬â¢. According to some experts, infertility, recurrent miscarriage, premature delivery and preeclampsia may all be linked to immunological abnormalities. It could be that some of these problems are due to ââ¬Ëdefective generation of Tregs during pregnancyââ¬â¢ (Mellor Munn 2004). It is possible that methods involving in vitro expansion of Tregs could help in treating spontaneous immune disease syndromes. Koch and Platt (2003) also suggest that both adult and embryonic stem cells might use mechanisms similar to the fetus in avoiding rejection. ââ¬ËFuture discoveries in the field of reproductive immunology will help us understand not only immune regulation during pregnancy, but also how immune responses towards organ and cellular transplants might be controlledââ¬â¢ (Koch Platt 2003). References: Aluvihare, V., Kallikourdis, M., and Betz, A. 2004 ââ¬ËTolerance, suppression and the fetal allograftââ¬â¢. Journal of Molecular Medicine. [Online], vol. 83, no. 2, pp 88-96. Available from: Medline. [11 October 2005]. Creasy R. Resnik R. (ed.) 2004. Maternal-Fetal Medicine, 5th edn., Saunders, Philadelphia. Harding, R., Bocking, A., (ed.) 2001. Fetal Growth and Development, Cambridge University Press, Cambridge. Koch, C. Platt, J. 2003 ââ¬ËNatural Mechanisms for evading graft rejection: the fetus as an allograftââ¬â¢, Springer Seminars in Immunopathology, [Online], vol. 25, no. 2, pp 95-117. Available from SpringerLink. [7 October 2005]. Loke, Y., 1978. Immunology and Immunopathology of the Human Fetal-Maternal Interaction, Elsevier Horth-Holland Biomedical Press, New York. Marieb. E., 1998. Human Anatomy and Physiology, 4th edn., Addison Wesley Longman, California. Mellor, A. Munn, D. 2004 ââ¬ËPolicing pregnancy: Tregs help keep the peaceââ¬â¢, Trends in Immunology. [Online], vol. 25, no.11, pp 563-565. Available from: Medline. [10 October 2005]. Mor, G. Abrahams, V. 2003 ââ¬ËPotential role of macrophages as immunoregulators of pregnancyââ¬â¢, Reproductive Biology and Endocrinology. [Online], vol. 119, no.1. Available from Medline. [11 October 2005]. Quinn, T. (1999), Immunology in Pregnancy; The Fetal Allograft, [Online], SIU Medical Library. Available from: http://www.siumed.edu/lib/ref/ppt/immunpreg/> [20 September 2005]. Seppa, N. 2004 ââ¬ËSome T cells may be a fetusââ¬â¢ best friendââ¬â¢, Science News, [Online], vol. 165, no. 8, p125. Available from: Proquest. [11 October 2005]. Warshaw, J. (ed.) 1983, The Biological Basis of Reproductive and Developmental Medicine, Elsevier Science Publishing Co., New York.
Friday, October 25, 2019
Dracula :: essays research papers
GROWING UP, MANY CHILDREN HEAR TALES OF THE FAMOUS DRACULA STORY. AS A MATTER OF FACT, THE CHARACTER OF DRACULA IS A COMMON HALLOWEEN COSTUME AMONGST CHILDREN. WHEN I PICKED UP THIS BOOK AND READ THE TITLE, MY FIRST REACTION WAS THAT I WAS FAMILIAR WITH THE TITLE. ALTHOUGH I HAD NEVER BEFORE READ BRAM STOKERââ¬â¢S NOVEL DRACULA, I KNEW RIGHT AWAY THAT THIS STORY INCLUDED A VAMPIRE AS THE VILLIAN. THE FIRST TWO CHAPTERS OF THIS NOVEL WERE ALREADY FILLED WITH SUSPENSE THAT GAVE ME THE FEUL TO CONTINUE ON WITH READING THE ENTIRE BOOK. AFTER READING THESE TWO CHAPTERS, I WAS SURPRISED THAT THE AUTHOR CUT RIGHT TO THE CHASE. BRAM STOKER DID NOT HESITATE TO MAKE IT SUSPENSEFUL TO KEEP THE READER GOING. JONATHAN HARKERââ¬â¢S FIRST ASSIGHNMENT AS A PROFESSIONAL LAWYER IS TO MEET WITH COUNT DRACULAR AT HIS CASTLE IN TRANSYLVANIA ON BEHALF OF CONCLUDING A DEAL WITH THE PURCHASE OF AN ENGLISH ESTATE. THERE IS ALSO A LITTLE BIT OF FORESHADOWING IN THE FIRST TWO CHAPTERS. FOR EXAMPLE, BEFORE JONATHAN GOES TO THE CASTLE, HE STAYS IN A HOTEL THAT WAS SELECTED BY COUNT DRACULA. RIGHT BEFORE JONATHAN LEAVES THIS HOTEL, THE INNKEEPERââ¬â¢S WIFE PRESSES A CRUCIFIX ON HIS HEAD ON THE EVE OF ST.GEORGES DAY. WHEN HE ASKS HER WHAT ST. GEORGES DAY IS, SHE REPLIES WITH, ââ¬Å"ALL EVIL THINGS IN THE WORLD WILL HAVE FULL SWAY.â⬠IF I HAD AN OPORTUNITY TO BECOME A FRIEND OF JONATHAN HARKERSââ¬â¢, I WOULD NOT TURN IT DOWN. JONATHAN SEEMS LIKE AN AVERAGE MAN. I WOULD ALSO FEEL SAFE BEING WITH HIM BECAUSE OF SOME OF THE COURAGES THINGS HE ACHIEVES IN THIS NOVEL. MY FAVORITE SCENE IN THIS NOVEL WAS TOWARDS THE END IN CHAPTER 27. THIS IS WHEN DRACULA FINALLY PAYS THE PRICE AFTER THE EVIL HE USED ON MANY INNOCENT PEOPLE. JONATHAN IS VERY BRAVE AND SLITS THE COUNTââ¬â¢S THROAT. IMMEDIATELY AFTER THIS, QUINCEY DRIVES A BOWIE KNIFE INTO THE VAMPIREââ¬â¢S HEART. THIS NOVEL PORTRAYED MANY CONFLICTS BOTH MINOR AND MAJOR. ONE OF THE MINOR CONFLICTS IS WHEN JONATHAN SECRETLY PASSES A LETTER TO HIS LOVE MINA MURRAY OUT THE WINDOW TO ONE OF THE THREE GYPSIES WHILE THEY WERE LEAVING THE CASTLE. THE GYPSY WHO RECEIVED THE LETTER BROUGHT IT STRAIGHT TO THE COUNT. AS A RESULT THE COUNT HAS A TALK WITH JONATHAN. HE SAYS, ââ¬Å"A VILE THING, AN OUT RAGE UPON FRIENDSHIP AND HOSPALITY.
Thursday, October 24, 2019
Education â⬠Law Essay
Life is too short for acquiring knowledge. Student life is mainly meant for studies. A student who devotes his full energy and time to his studies is a good son of his motherland. India needs mentally alert and able young men and women. It is the duty of students to acquire as much knowledge as they can during their student life. A nation of undisciplined citizens can never make any progress. Such a nation is always in danger of extinction. Indiscipline is a serious drawback of our national life. Not only students but also mature citizens, responsible leaders and honorable legislators, often behave in an undisciplined way. This shows that they did not get proper training in early life. Naturally, it becomes the most important duty of students to be fully disciplined. They should be disciplined in every thought and action. No one can become disciplined. It is essential in their life outside schools and colleges. The damaging of public property, burning of buses etc., are all signs of indiscipline. They are anit-national activities. Students must not indulge in them. During the national struggle for freedom, students were asked to take active part in the struggle. But in free India students must devote all their time to their studies. However, political parties use them to gain their own ends. In Gujarat, in Punjab, in Assam, in Bihar, and in other parts of the country, students were used as tools. They took part in agitations against price-rise, unemployment, or for the dissolution of some Legislative Assembly or the other at the cost of their studies. Students must safeguard themselves against their involvement in politics. It simply means wastage of time and energy. Only mature minds can be successful in politics. the first duty of students is to carry on their studies. They should avoid politics. A nation does not live by its big factories, dams or buildings. It can live only by the character of its people. During three hundred years of foreign rule, our moral character was shaken. Students are yet in the process of training. It is their sacred duty to build up their character. They must learn from the very beginning the lesson of self-help, self-reliance and self-sacrifice. These are the essential qualities of character which theyà must acquire. They should learn to co-operate with each other in their class-rooms, on playgrounds and in other activities of college life. For them no duty is of greater importance than the development of character. Today communalism threatens to break the country into pieces. Religion is being used to secure votes. This must not be done. It is the duty of students to see that religion is declined from politics. Religion must not be misused for political purposes. Further, students must shun violence. Violence leads to terrorism. Every effort must be made to do away with it. Students as citizens of India must play an active part in putting down such evils. Students should participate in the political life of the country, but not at the cost of their studies. No doubt, the voting age has now been lowered to 18 years, but this does not mean that they should neglect their studies. Seasoned and experienced leaders are there to shape the destiny of the nation. Students will be required to take their place when they retire. They are the future builders of the nation. Their duty in the present is to prepare for the future. They should be well equipped morally, emotionally, mentally and physically. In this way alone would they do discharging their duty to their motherland.
Wednesday, October 23, 2019
Article Summary: ââ¬ÅThe Bottom Line: Marketing & Firm Performanceââ¬Â Essay
Leslie M. Fine, author of ââ¬Å"The Bottom Line: Marketing & Firm Performance,â⬠analyzes how marketing relates to how well the firm does overall. A majority of the article is focused on how customer relationsââ¬â¢ impact firm performance and can affect shareholder wealth. Firms improving customer equity and reducing the firmââ¬â¢s cash needs, will influence the net present value of the firm. Within recent years, there has been an increase in the awareness that firms should be able to demonstrate that marketing actions affect financial outcomes. Along with this awareness, marketers have realized that the investor is also the customer, especially at the initial IPO, and leading companies to report customer equity statements and customer equity flow statements. The article notes various studies that have been conducted analyzing the impact of customer satisfaction in relation to areas such as the ââ¬Å"stock value gap,â⬠performance of portfolios and the impact of marketing, research and development and operations on firm performance. The studies concluded that ââ¬Å"doing whatââ¬â¢s right for the customer is doing whatââ¬â¢s right for the firm and shareholder value.â⬠Customer satisfaction has a significant impact on the ââ¬Å"stock value gapâ⬠when compare to the top competitor, meaning the lesser the gap the higher the customer satisfaction ratings of the firm. In relation to portfolio performance, the study indicated that portfolios with firms that had high satisfaction scores produced positive trend portfolios. Over a 10-year period those positive trend portfolios yield better than others and more impressively better than the S&P 500. Through reading this article I began to see clearly the importance and relevance of marketing to the success of the firm. As shown by the research indicated in this article, firms should begin to place an additional emphasis of the marketing function throughout the firm. I was particularly interested in the idea of having a Chief Marketing Officer in the boardroom. The idea of having a voice for the customer in the boardroom is positive in all aspects. Firms with a CMO offer additional input if the goal of the firm is to pursue innovation, differentiation and complex branding initiatives. As seen in the articles for this week, innovation and differentiate can excel a firm greatly. Having a CMO will only offer an additional benefit to the firm. Fine also included a section on the ââ¬Å"Bond strategies effecting the firm,â⬠which analyzed that the perceived brand relevance and brand energy provide incremental information to explain stock returns other than the information explained by accounting measures. This section focuses on how mergers and acquisitions use this analysis to determine the value of the target firm. This was interesting to me due to the focus of mergers and acquisitions being on the customer base of the target firm. Typically, my first thought in relation to mergers and acquisitions would be to consider the balance sheet and stock value of the firm as to how the particular target firm could be beneficial. After reading this article I would like to know how much these studies have sparked firms to begin doing in-house research, as well as how many have began focusing on the customer as a driving factor to the shareholder value of the company and performance of the firm.
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