Tuesday, October 15, 2019
Rhetorical analysis over an inconvenient truth Research Paper
Rhetorical analysis over an inconvenient truth - Research Paper Example This increasing trend is the reason the earth is warming and its climate changing. Greenhouse gasses are predominantly man-made. (Lean, Pearce, 2006). People are the cause but their collective acknowledgement of the global warming problem has been slow. Because of this apathy, if the population of the planet were to immediately discontinue polluting the air with carbon dioxide emissions, climate changes would still continue long into the future. Humans are creating a planet that will experience major climactic changes in the near future, a shameful circumstance. The film by Al Gore An Inconvenient Truth is pointed directly at citizens and politicians of the U.S. who, for reasons unknown to Gore and the rest of the civilized world, are either unaware or deny global warming exists except in the mind of liberal environmentalists. To this end, Gore attacks the misconceptions perpetrated by large corporations such as oil and auto companies which believe they will be the losers if limits o f CO2 emissions are legislated in the U.S. For example oil and gas company Koch Industries has given $73 million to climate denial groups. (Vidal, 2010). Recent commercials touted the benefits of CO2, how it wasnââ¬â¢t harmful because it was natural.
Athenian Artistic Performances Were They a Form of Propaganda Essay Example for Free
Athenian Artistic Performances Were They a Form of Propaganda Essay The ââ¬Å"glory that was Greeceâ⬠reached its height in 5th century BCE in Athens, under the leadership of Pericles. He opened Athenian democracy to the ordinary citizen, was responsible for the construction of magnificent temples and statues on the Acropolis and he, in effect created the Athenian empire. The definition of propaganda is ââ¬Å"the planned use of any form of public or mass-produced communication designed to affect the minds of a given group for a specific purpose, whether military, economic or politicalâ⬠(Linearger, p. 39, 1954). This has connotations of dishonesty and while people assume it is a modern phenomenon, its roots go back much further. The question is however, was propaganda rife in 5th century BCE Athens and if so, was it the driving force whether explicitly or not behind many of the public displays? A funeral oration or epitaphios logos is an official speech delivered at a funeral. The epitaphios is regarded as a virtually unique Athenian concept, although early elements of such speeches exist in the Epic poetry of Homer and in Lyric poetry of Pindar; in addition modern parallels have been drawn between Lincolnââ¬â¢s Gettysburg address and Pericles. When Pericles gave the epitaphios for Athenian soldiers who had been killed in the first year of the Peloponnesian War. He took the opportunity to not only praise the deceased, but Athens itself, in an oration which has been both praised as enshrining the archetypal democratic system and condemned as barefaced propaganda. In Thucydidesââ¬â¢ book History of the Peloponnesian War, Periclesââ¬â¢ Funeral Oration is a powerful rhetorical piece. In addition it is important evidence for the study of the Athenian sense of identity and the way they represented themselves and others. It eloquently discusses the ancient democratic model and the picture it portrays serves as a prototype for democratic states today (Abbott, 1970). Thucydides specified a man would be chosen to make an ââ¬Ëappropriate speechââ¬â¢ i. e. it matched formulaic prescriptions of the epitaphios, which according to Edinger, ââ¬Å"consisted of a number of recognised topics: praise of the dead, praise of the ancestors, praise of the city, consolation of the families of the dead.
Monday, October 14, 2019
What Causes Wars?
What Causes Wars? When one looks back in history war seems to have always been there as a means of conquering territory, desired resources or simply of demonstrating dominance over another nation. Most people would answer the question ââ¬Å"what causes wars?â⬠the same way. Greed, hate, religion. However, in order to understand the causes of wars one has to observe many other factors that play into the development of international conflict. Nations may regard each other with dislike over religious conflict or different values but this is hardly going to cause them to go to war. In International Relations, a disturbance in the balance of power (Brown, 2005: 99) is often named as the main cause of war. This disruption could be seen as the trigger of international conflict. For the cause of this paper, war shall stand for international war rather than civil war or inner state conflict. In this essay, the causes of wars shall be discussed on different levels. On an individual level, on the level of society but most importantly on an international level. For this purpose, it shall be elaborated on the importance of the balance of power in this context as well as on other theories that seem to be relevant. To observe the causes of war at an individual level requires observing human nature. According to Brown (2005: 104), ââ¬Å"wars occur because of some aspect of human natureâ⬠. Man in his nature seems to be violent and bound to inflict harm on his own race. Greed appears to be an essential characteristic of human nature and therefore seems to determine the actions that are taken in order to gain more power than the rival. This all seems to be rather primitive and may sound like caveman behavior. However, in its essential form this behavior is still and will always be part of human nature. The critique that arises when discussing the nature of human beings as a cause of war is the following: can the nature of the individual really reflect accurately on the nature of the group, in this case society? Waltz (as cited in Brown, 2005: 104) called this way of thinking ââ¬Å"reductionistâ⬠. One cannot explain ââ¬Å"social phenomena by reference to the nature of individualsâ⬠(Brown, 2005: 104). Another aspect to be looked at in this context is that of determ inism. The concept of determinism is The theory that all events, including moral choices, are completely determined by previously existing causes that prelude free will and the possibility that humans could have acted otherwise This theory implies that war is out of manââ¬â¢s control and therefore he cannot be held responsible for it. Determinism implies that every action is predetermined by the causes of nature. Man is simply a play ball controlled by the forces of nature. However, who if not humankind can be held responsible for the occurrence of war? It appears that determinism in connection with war does not seem to be a very appropriate theory. Another aspect that should be looked when considering the causes of wars is that of the nature of societies, economies, and governments. According to Cashman (1993: 124), certain states possess characteristics that make them more likely to go to war than others. Naturally, here too we can find several theories. From a liberal point of view, war is caused by autocratic states, where ââ¬Å"one person possesses unlimited powerâ⬠( Merriam- Websterââ¬â¢s Online Dictionary). According to autocratic views, wars are caused by democracies. Leninists blame capitalist societies while capitalists see communist societies as the root cause of war. It is a popular belief that democracies do not tend to go to war with other democracies but regularly fight other non-democratic societies (Brown 2003: 104). Liberal theory states that humankind as such is a peace-loving race. Therefore, the behavior of states should follow this characteristic. Democracies, being elected by the citizens of the s tate, act for their nonviolent civilians and for that reason are likely to prevent violent conflicts with other states. This however, does not protect them from being attacked by other non-democratic states. According to this theory, all democratic states are good while all autocratic states are evil and therefore jeopardize world peace. The logical conclusion to this dilemma would be that in order for world peace to prevail, all nations have to be democratic. The solution is provided by isolationists and interventionists in two different ways. While isolationists believe that a reformation of autocratic states into democratic states should be achieved by being a good example to follow, interventionists feel that democratic states have to be actively involved in the process by attacking them if necessary instead of standing by and waiting for the other force to strike. The underlying idea for interventionists would therefore be that war is necessary to create peace (Cashman 1993: 12 6). From an outsiders point of view this theory may seem rather hypocritical. It will however become clearer when one considers the theory of the balance of power, which shall be taken up later on in this essay. So why is it that democracies should be less prone to go to war? Their governments need to ââ¬Å"maintain public supportâ⬠(Cashman 1993:127). They depend on the voting choices of their citizens and out of fear not to be re-elected, will try to pursue policies, which will satisfy the public. Still, if one actively engages in the study of history and world politics one might find that many democracies actively participate in wars and for this reason, the state system seems to have little effect on the likeliness of the war involvement of a state. Russet and Monsen (as cited in Cashman 1993: 127) claim that size matters. The bigger a state is the more likely it is for this state to conduct war. In R. J. Rummelââ¬â¢s opinion, war involvement depends on the degree of freedom of a state. This is to say that the freer a state is the less likely it is for this state to engage in war, while less libertarian states tend to be more violent (Rummel as quoted in Cashman 1993: 128). However, if one considers the example of the United States, ââ¬Å"The Land of the Freeâ⬠, Rummelââ¬â¢s theory proofs to be inconsistent. The USA have actively engaged in several wars over the past decades, be it the most recent Iraq war or the war in Vietnam. It remains uncertain whether the amount of freedom a state possesses is correlated to its violent actions or whether it creates more pressure to preserve said liberty. It seems relatively certain that states that have little or nothing in common in their political and cultural attitude are very likely to face each other with aggression. It seems to be, as Cashman (1993: 129) states, ââ¬Å"political distanceâ⬠that plays an important role. John Hobson, a British economist, held the opinion that it is the economic system of a state that causes wars. The most war prone states seem to be the ones with a capitalist economic system. This is explained by the fact that due to ââ¬Å"overproduction, unequal distribution of economic wealth and under consumptionâ⬠(Cashman 1993: 130) on the side of the public, the economy is forced to expand to other countries, to invest in foreign markets. However, in a predominantly capitalist world where all foreign markets are already taken, the only way to expand oneââ¬â¢s economy beyond oneââ¬â¢s own borders is at the cost of other states. In order to expand, a state, democratic or not, would have to go to war. It seems also logical that war is most likely to occur at times of financial distress. Although economic crises did not immediately lead to World War II, unemployment and poverty were certainly a reason for German citizens to feel more inclined towards the notion of trust ing in an ideology that promised to improve their living standard. It is a common belief that war creates jobs, be it due to arms races and the production of other products or the improvement of infrastructure. According to Cashman (1993: 134), war may also be seen as a means of distracting the citizens of a state from internal problems. Whatever causes governments to make this fateful decision, we can be assured that it involves a careful decision-making process at all times and only if the chances of success are high will there be war. As Howard states, wars are never accidental. They always have a political purpose (Howard 1983: 12). War used to be universally accepted as a means to protect or assist allies under attack. In earlier years, it was also used to invade territory when a nation was in need for more space due to overpopulation. This concept played an important role for Germany in World War II. Hitler argued that the German people were in need of more space in order to spread the Arian race. One could argue that Darwinââ¬â¢s survival the fittest theory could be applied here. In order to spread out, one nation, in the case of World War II Germany, has to attack another. The strongest state will survive and impose its power upon others. Another level to be examined is that of the international sphere. Here it shall be observed in which way states as international actors interrelate. The international system is composed of ââ¬Å"sovereign states, organizations of states, international cooperations, and even individualsâ⬠(Cashman 1993: 224). It is in a state of anarchy in the sense that an international government does not exist. This and the lack of an authoritarian force that could keep order in the international system are addressed as a problem in International Relations. Certain actions on the side of states will disrupt the equilibrium of the so-called balance of power. According to Brown, such a disruption could occur in the form of one state becoming more powerful than it used to be (Brown 2005: 99) for instance through the increase of its military power. Other states will feel threatened by this and take action to restore the balance. Due to the relative instability of the balance and international ana rchy, states are in constant fear of being attacked and are therefore prepared to defend themselves at all times. This paranoia causes constant suspicion towards every member in the international system. To reduce this fear, they are constantly looking for a possibility to gain power while reducing that of their opponents. As Brown implies, a stateââ¬â¢s own security is of the utmost importance. Realist theory in International Relations states that the order of the international system is kept by two institutions: the balance of power and war. War is here seen as a ââ¬Å"conflict resolving mechanismâ⬠that is an essential part of the balance of power (Brown 2005: 10). The balance of power can be seen as a system of states as a whole, which is based on sovereignty. Stability can only exist if the opposing forces are in equilibrium. The balance of power can be disturbed if one Power becomes stronger through economic or demographic growth, the increase in military power or through alliance with another state (Brown 2005: 99). If this happens, other states may feel threatened and may feel compelled to defend themselves. In order to keep one nation from gaining more and more power, action has to be taken. States also have the military power at their disposal, which might make them more inclined towards using force against an opposing power. In the international system, war is seen as a means of evening out disruptions in the balance of power. In general, a balance is not desirable for states (Brown 2005: 101) and if there were a guarantee for being successful in international conflict, war would be a very normal occurrence. Nevertheless, states cannot be sure of their success. The price that one might have to pay for such a decision could be far too high. The second best option is therefore to maintain a balance of power and with it peace. To fix oneââ¬â¢s opinion on one specific cause of war is impossible. There seem to be many reasons that play together when nations decide to conduct war. Be it human nature, the nature of societies, or even the nature of the international system as an unstable and unpredictable institution. Greed, the hunger for power and fear seem to stretch through all three levels and determine the events in the international system. Political distance and economic problems inside a country can be named as causes as well. War has been, is, and will probably always be a means of gaining power or resources or simply of defending the sovereignty and safety of a nation.
Sunday, October 13, 2019
School Uniforms Are an Important Tool To Allow Students To Learn Withou
The before school arguments over what to wear, and the ridiculous pricing of fashionable brand clothing, have become a harsh reality to many parents and their children. Because children feel a deep need to fit in with their peers, they face the never ending contest of comparison and stereotypes. On the other hand, many students do not have families that can provide them with the newest, sought after clothing and struggle to do so even when getting clothes from thrift stores and hand me downs. At the same time, in some schools gang signs and gang related clothing can be an issue, as well as fights and violence. Studies have shown that school uniforms are a solution to these problems that affect student interaction and productiveness in school. Therefore, school uniforms allow students to learn without distractions and should be readily available to all. To begin with, school uniforms are an economical choice for all school districts. Often, school uniforms are seen as an inexpensive alternative and better option for families to provide school appropriate clothing. In addition, most parents prefer purchasing uniforms than having to buy the latest expensive retail fashions for their children (Walmsley). Also, utilizing school uniforms have proven to lower costs of clothing. For example, a paper presented by Michael Firmin, Suzanne Smith, and Lynsey Perry during the 16th Annual Ethnographic and Qualitative Research in Education Conference, shows that many parents of students think that school uniforms would lessen overall clothing expenses over time (Konheim-Kalkstein). In other words, this proves that apparel expenses will likely decrease greatly over time, saving familiesââ¬â¢ from an other expenditure. In conclusion, school uniforms he... .... Imagine a learning environment where violence is never a threat and all students feel equal and empowered to succeed. This is possible with the simple addition of school uniforms, which can change a struggling school from the inside out. Works Cited Konheim-Kalkstein, Yasmine L. "A Uniform Look." American School Board Journal Vol. 193, No. 8. Aug. 2006: 24-27. SIRS Issues Researcher. Web. 25 Oct 2012. Viadero, Debra. "Uniform Effects?." Education Week Vol. 24, No. 18. Jan. 12 2005: 27-29. SIRS Issues Researcher. Web. 25 Oct 2012. Walmsley, Angela. "What the United Kingdom Can Teach the United States About School..." Phi Delta Kappan. Mar 2011: 63-66. SIRS Issues Researcher. Web. 25 Oct 2012. Wilder , Larry, and Scott Key. "Pros and Cons of School Dress Code." Fresno Pacific University. Fresno Pacific University School of Education. , 11 2007. Web. 29 Oct 2012.
Friday, October 11, 2019
Media Profiting from the Seduction and Rape of Women Essay -- Feminism
à "Rape is the current advertising metaphor" (Wolf, 79) à à When did sexual assault become a legitimate advertising tool or form of entertainment? At some point in time, it did because it's prevalent in society today through films, television, and magazines. One of every eight Hollywood movies depicts a rape. Magazines are full of ads that depict either explicit or implied sexual assault of women by men. I was more than a little surprised by magazine ads that depict rape. One for Chaleur d'animale perfume showed a naked women chained to a naked man. Why? What on earth does this have to do with perfume? How is rape supposed to sell any product? Why are advertisers using such images? à Images of women and "beauty" become more extreme. As advertising executives told The Boston Globe, "You have to push a little harder...to jolt, shock, break through. Now that the competition is fiercer, a whole lot rougher trade takes place [Rough trade is gay male slang for a sadisitic heterosexual partner.] Today, business wants even more desperately to seduce...It wants to demolish resistance.(Wolf, 79) à There are also some images which aren't overtly rape, but serve to degrade women sexually and objectify them, which tends to have horrifying consequences. "...In a raft of Rock and Hip Hop videos, women get turned into pieces of booty served up for the pleasure of pwerful men..." (Mtv) A recent cover of Esquire magazine showed a naked woman covered in caviar. Pictures in the feature article showed the woman's face covered in honey, her eyes closed, her mouth opened with her tongue provocatively exposed. à "Turning a human being into a thing, an object, is almost always the first step toward justifying violence against that person.... ...lifetimetv.com/shows/specials/changingface/illusions2.html Life Time Entertainment Services. 2000 Changing Face of Beauty: Models http://www.lifetimetv.com/shows/specials/changingface/models.html Life Time Entertainment Services. 2000 Changing Face of Beauty: Views. "Sela Ward" http://www.lifetimetv.com/shows/specials/changingface/views5b.html Life Time Entertainment Services. 2000 Changing Face of Beauty: Views. "Maricia Gillespie" http://www.lifetimetv.com/shows/specials/changingface/views.html Life Time Entertainment Services. 2000 Douglas, Susan J. Where the Girls Are: Growing Up Female with the Mass Media. New York: Random House Publishing, 1994, 278. Starr, Bernard. IT AIN'T JUST PAINT:AGING AND THE MEDIAà à à à à http://www.longevityworld.com/justpaint.html. 1997 Wolff, Naomi. The Beauty Myth. New York: Doubleday Publishing, 1991 Ã
My Plans For The Future Essay
Time to become an adult has come. Having an independent life has some happy and difficult moments. However, these situations improve our life in several enriching ways. At this point in the life we have to define our goals and start working for them. When we become an adult we have two choices, and you can choose the one that could take you to the top, or you can take the easiest one and be just another person of the common people. On December first 2012, I arrived to New York State. At my 20 years old, I had to leave my homeland and I was responsible for my life and my own decisions everything was new for me. It was like jumping into the water not knowing how to swim. Now, I am working with my uncle in his own business, I never thought that I am going to be involved in this kind of business. Read more: Future plan essay We sell and repair cars. I learned as fast as I could and now I can say that I have some knowledge about cars. On the other hand, I am attending at college; I want to get in the business major but I am still taking ESL classes because every day as a foreign student I need to learn more English as I can. I feel glad that I can speak English and understand it more than before this way I can accomplish my goal which is finish my education in other language, in a other country and by my own effort. To finish my short introduction, I would like to emphasize that this is one of the most significant experiences of my life because I have learned how import is our family and sometimes we do not appreciate that when they are with us. I am growing as a person and as a professional, but I know all of this effort that I am making it worth. I hope that I can accomplish all my goals that I have I my mind ,but I know that I will with the Godââ¬â¢s blessing we can do whatever we want.
Thursday, October 10, 2019
Yahoo Strategic Management Report
Yahoo! : Business on Internet Time Group 2: Aaron Duke Alejandro Reynoso Erin Moon Sophia Benevento February 21, 2012 Dr. Jay Lee GM 105 California State University, Sacramento Executive Summary Yahoo started out as a hobby between two Stanford students, Jerry Yang and David Filo, and turned from a simple website with categorized information to a powerful navigational tool for millions of users. It generated millions in revenue and helped shape the way the modern-day internet is used, both in terms of streaming information and streaming revenue.The U. S. military first used the internet in the 1960s as a way of safeguarding against centralized information. Decades later, it was used as a tool to help researchers share informaiton. In the 1990s, HTML language was created to help read documents easier. Within a few years, browsers, portals, and internet service providers (ISPs), along with the low price and easy access to computers had connected the world and the internet was born.As Y ang and Filo created a way to monetize the traffic created by the popular Yahoo portal, the attractiveness of the Yahoo model helped propel the global reach of the internet, and brought about intense competition, new tools, new models of monetization, and the need for new strategy. When using Porters five forces model to analyze the portal industryââ¬â¢s attractiveness, it is clear that attractiveness is low. The bargaining power of suppliers is high, bargaining power of the buyers is low, threat of new entrants is high, start-up costs cause high barriers to entry, alternative edia allow the threat of substitutes to be high, and the potential for revenue has saturated the industry with competitors. This competitive environment rapidly changed since Yahoo was first created. There was virtually no competition and it was able to quickly secure large market segments. Using a strategy of simplicity, independence and strategic partnerships, Yahoo created a user-friendly point-of-entry for consumers to find information on the internet while making millions of dollars. Yahoo led the portal industry from 1994 to 1998, during which its market capitalization grew to $30 billion.In 1999, the industry began to change further as mergers and acquisitions consolidated power. Media companies, ISPs, browser companies and content providers were merging and acquiring each other in a flurry of moves in order to retain competitive advantage. The strategy of independence that brought Yahoo success needed to be reevaluated. In an environment with such volatile and intense competition, what strategy should Yahoo implement? As leader of the internet portal industry, Yahooââ¬â¢s position, both in terms of its external environment and internal resources and capabilities, should be exploited in order to bring about above-average returns.Both the Industrial Organization (I/O) and Resource-Based models of above-average returns can be utilized. It shows Yahoo to be in a favorable posit ion and the tools needed to effectively create new partnerships that will secure market share and long term profitability. Further, A SWOT analysis shows that Yahoo has strong brand image and opportunities for strategic partnerships, even though as first-mover in the industry, it lacked a long-term strategy and is threatened by intense competition.The story of Yahoo shows that a companyââ¬â¢s strategy must always be evaluated for effectiveness in terms of its current external environment and its internal resources and capabilities. While effective strategy early on may bring about a favorable position in the industry, competitive forces will cause a company to seek out new strategies, new partnerships and new models in order to remain competitive and profitable. Background Jerry Yang and David Filo created the portal Yahoo in April of 1994. It was originally used as a hobby to track web addresses sent to them by friends.They were students at Stanford, but they gave up their educa tion to focus on running Yahoo. Jerryââ¬â¢s Guide to the World Wide Web was created by Yang and Filo as a guide to navigate though the web. These web sites were sorted into a database and thousands of users began to use their service. Yahoo officially became a business on March 5, 1995. They hired Tim Koogle as CEO, as well as a staff of six people which eventually grew. Yahooââ¬â¢s operations had three separate departments: property development, marketing and sales, and international.Property development focused on production and engineering. Marketing and sales handled corporate marketing, business development, and sales. They also had customized Yahoo pages in 18 countries, which was run by their International departments. Yahoo was located in Silicon Valley, and they offered five main services (properties) to consumers such as navigation, community, personalization, e-commerce, and international. Navigation allowed consumers to find information. Community offered an addres s book, email, chat, and message boards for consumers.Personalization allowed users to personalize their web pages and e-commerce offered shopping and other online sales. International properties were designed for those in different countries and had each countryââ¬â¢s language and local content. By 1998, Yahoo had an estimated 100 million connected consumers, 167 million page views per day, and a market value of $30 billion. By 1998, they had an increased revenue for 1. 5 years. Industry Evolution The Internet was first used in the U. S. Military for defense in 1960.In 1986, the National Science Foundation used it for transferring research files and exchanging electronic mail. In 1991, Hyper text markup language (HTML) was created by Tim Berners Lee. This language allowed documents to link to one another through a host computer, and people could view graphics, audio and text. In 1994, the first internet browser was created. This allowed people to view web documents easily. Navig ation sites, called ââ¬Å"portals,â⬠soon followed. Portals had two types of consumers: non-paying users and paying companies that wanted to advertise.Portal companies typically made revenue through advertising, and they often paid for information that would be exclusive to their site, such as news and sports. Click-thrus and referral fees made up a majority of their revenues from consumers, as well as targeted placements. During the 1990s, personal computers began to sell quickly for home use. Computers were sold with modems, software, a browser, and a way to access the internet. The two browsers that were commonly used were Netscape and MSN. Portals could be chosen by the consumer, but they often came included on the computers.Consumers also chose portals based on habit, quality of information, and brand. Access to the internet was usually done through the phone company, and later high-speed broadband was offered through cable providers. Internet usage began to increase at a fast pace and soon there were millions of people using the internet daily in many countries around the world. Industry Attractiveness Using Porterââ¬â¢s five forces model, we conclude that the bargaining power of the content providers varied depending on the relevance of the information.The bargaining power of suppliers of unique information, such as popular real-time news or sports, was high. Some of the portals paid companies a monthly rate up to $50,000 for information. However, that bargaining power of other suppliers of information such as specialized content, which was less crucial to the portal, is moderately high. This could range between $2,500 to $20,000 per month. Nevertheless, some of the smaller content providers would receive free placement in exchange for their information. Overall, the bargaining suppliers of the most important information is very high.Technology and labor were also suppliers. The threat of new entrants to the industry is high. However, the capit al requirements in order for a new entrant to compete is also very high. During the first few years after Yahoo was launched, many other entrants decided to enter the market. There would be even more entrants in the next few years. Yet, most of the companies that compete against Yahoo are not making money, they are actually losing money. There are many substitutes in the industry that users may prefer to use instead of a portal.Portals considered themselves to be media companies and not just a search engine. Some of the substitutes of portals are television, newspapers, movies, magazines, and even other non-portal websites. In addition, the bargaining power of major paying customers, those who want to advertise on the portals, is very high. In spite of this, the bargaining power of small paying customers is moderate. The smallest orders of advertisement were $1000. But all of the deals where typically negotiated. Moreover, the competitive rivalry is very intense. The only two portal s who were making money in 1998 are Yahoo and AOL.However, AOL was not only a portal, it also provided internet access, which provided the majority of their income. Yahoo was the only portal that was not also an ISP and was still profitable. In summary, the overall attractiveness to enter the industry is very low. The industry is saturated with many different types of competitors, and the start up cost for a new entrant is extremely high. Performance and Strategy When Yahoo invented the first internet ââ¬Å"portal,â⬠it also created the internet portal industry There was virtually no competition and it was able to quickly secure large market segments.It had the ââ¬Å"blue oceanâ⬠at its feet as it created new demand in an uncontested market. Yahoo saw the value of creating a user-friendly Internet portal before anyone else. By moving quickly and efficiently, Yahoo was able to negotiate, and frequently dictate, pricing with partners which led to large amounts of revenue. Yahooââ¬â¢s performance has been very effective, resulting in positive revenue gains leading to profitability in 1998. Yahoo chose a strategy based on forming strategic partnerships that simply added value to the company.They decidedly chose not to merge with other companies in order to retain full control of operations. This way, Yahoo executives were able to take full advantage of both its position and revenue streams and reinvest into the company. This would create value-adding ââ¬Å"propertiesâ⬠and services and thus stay ahead of the competition. The strategy that Yahoo implemented proved very successful. This strategy was one of simplicity and independence compared with their other competitors. They had a maintained a business plan that was developed in 1995 and a one-year operating plan that showed their financial goals and top priorities.They did not have a detailed marketing plan. The employees worked in close quarters, although the structure of the firm was hierar chal. Employees worked in cubicles to save costs. Yahoo was the only portal, aside from AOL, to post profits in 1998. AOLââ¬â¢s profits were significantly larger than Yahooââ¬â¢s due to the fact that they generated large amounts of revenue as an Internet service provider (ISP). By selling access to the internet, AOL gained revenue from both Internet use and access, while Yahoo generated revenue only from internet advertising.In 1998, it seemed that Yahoo was trending toward losing market share to AOL because would have been wise to invest money into becoming an ISP, however as we have seen, the dominant ISPs have become companies like AT&T and MCI, companies that control the means of communication, namely the phone lines and satellites. Yahoo has kept their basic strategy. Yahoo possesses in-house expertise in engineering. All in all, their strategy has been very successful until 1999. Mergers & Acquisitions of Competitors There were many mergers and acquisitions in the portal industry during 1998 and January 1999.Media sites such as Disney and NBC were partnering with portals such as Infoseek and Snap to gain a competitive advantage and market share. Internet service providers were also acquiring portals with the hopes of gaining more consumers and increasing their profits. For example, the service provider @Home acquired Yahooââ¬â¢s main competitor Excite, while AOL acquired the very popular Netscape. The internet and portal industry was new for the public in the 1990s. Although there were billions of dollars being spent in e-commerce and by advertisers, the portal industry had only a few years of data to compare when creating a new strategy.Many companies relied on analystsââ¬â¢ predictions for revenue, which may not have been accurate. The strategies ranged from ISPââ¬â¢s hosting portals, media company mergers with portals, and portals acquiring numerous smaller businesses. While some of the strategies seemed to make logical sense, the only two portals that created a profit in 1998 were Yahoo and AOL. The problem with many of these acquisitions and mergers was the amount of money that was being spent at the risk of their stakeholders, particularly their capital market stakeholders. For example, @Home paid $6. billion for Excite, but only a few years later, @Home filed for bankruptcy (Source). These internet service providers and portals had a first-mover advantage so they were able to gain a large market share. Increased competition brought about mergers and acquisitions which consolidated power within fewer companies, in hopes of gaining more of a competitive advantage and greater market share. A Strategy Change? Koogle and his team were aware of the intense competition in the external environment and considered itââ¬â¢s options. Though they were successful and profitable, they were unsure of the future.Their strategy was basic and they had used one business plan, which never changed. They were an independent compa ny, unlike some of their competitors. The management at Yahoo should continue observing the market and begin to create a new business and marketing plan. The portal industry is growing and becoming fiercely competitive, and with Yahooââ¬â¢s main competitor Excite flaunting their slogan, ââ¬Å"Still with the same old Yahoo? â⬠they should consider changing their strategy. Their high stock price has allowed them to hire some of the most skilled engineers. This, along with capital has allowed them the option to either ââ¬Å"makeâ⬠or ââ¬Å"buyâ⬠companies.Partnering with other businesses that have interest in their company such as AT&T, MCI, Time Warner, and News Corporation may be good options. They also have the capital to acquire Geocities, which is another internet portal. They can also negotiate exclusive distribution deals with personal computer makers such as Compaq, Gateway, HP, and IBM in order to secure market share and increase its customer base. Yahoo s hould adjust their strategy because as their competitors continue to partner with other firms, their customers will likely choose to advertise with these larger companies and they risks losing millions in profits.The best option for Yahoo would be to approach News Corporation and negotiate a possible media partnership in the future. This will allow Yahoo to gain more consumers while leaving them with control of the company. It is not wise to sell because Yahoo has an estimated worth of $30 billion, and their rival Excite had just sold for less than $7 billion. (I/O) Model of Above-Average Returns Yahoo invented the internet portal industry. In 1994, the external environment of the industry was void of economies of scale and barriers to market entry.There was no need for diversification or product differentiation, and there were no other firms to compete with. Yahoo had a simple strategy that capitalized on its first-mover advantage, its access to top engineering talent in Silicon Va lley, and its vision that focused on creating a user-friendly entry point for the internet. This simple strategy was sufficient for above-average returns in the early days of the industry, but as the internet evolved and industry competition increased, Yahoo realized it needed to reevaluate their position in the industry in order to continue enjoying the same above-average returns. External Environment: Several mergers and acquisitions had consolidated ISPs, portals, media companies, and content providers. Yahoo had was the only portal not in talks with a major partner. â⬠¢ Attractive Industry: Yahoo is still the largest portal in the industry. This position makes the industry attractive, however the growing competition makes the position unsecure. â⬠¢ Strategy Formulation: Yahoo can no longer survive on its own. Its partnership with telecommunication giant AT&T is losing strength as AT&T looks to provide customers with web content, no longer needing the content provided by Yahoo.Yahoo needs to partner with traditional media companies, secure more distribution deals with computer companies, improve technologies that would enhance the speed and usability of their search engine. â⬠¢ Assets and Skills: Yahoo has a reputation for independence and tough negotiations. Moving forward, executives will need to be able to build and maintain relationships with potential partners. Yahoo currently has access to the top engineering and management talent in Silicon Valley. Strategy Implementation: Meet with executives from telecommunication, traditional media, and personal computer companies with the goal of creating exclusive partnerships. This will boost brand recognition, increase customer base, increase market share and profitability. Building and maintaining these relationships will lead to future growth. Resource-Based Model of Above-Average Returns It was necessary for Yahoo to also evaluate their internal environment. Resources and capabilities were essen tial for the success of the company, as well as a competitive advantage, strategy formulation and implementation, and an attractive industry. Resources: Yahoo has the top engineering and management talent in Silicon Valley. It has a popular product with a loyal customer base. It has financial resources, a market capitalization valued at $30 billion. â⬠¢ Capabilities: Yahoo was able to secure the position of industry leader, secure distribution deals and valuable partnerships, and create an internet portal that customers widely valued over the competition. â⬠¢ Competitive Advantage: Internally, Yahooââ¬â¢s resources and capabilities exceeds that of its competitors.Superior talent, better vision of what a portal should offer, and effective execution all contributed to Yahooââ¬â¢s early success. However it needs to combine its resources and capabilities through strategic partnerships in order to maintain its competitive advantage. â⬠¢ Attractive Industry: As the leade r in the internet portal industry, Yahoo executives can exploit opportunities to merge or form partnerships with any number of major industry companies. â⬠¢ Strategy Formulation and Implementation: Yahooââ¬â¢s early success is attributed to its executives utilizing its talent, industry position, partnerships and financial resources.Management needs to direct these resources and capabilities toward strategic partnerships with traditional media and personal computer companies in order to create value-adding partnerships, boost brand recognition, increase customer base, and increase market share and profitability. Building and maintaining these relationships will lead to future growth. The use of both the I/O model and the Resource Based Model are crucial for Yahoo to analyze and use as they formulate their strategy for earning high profits. SWOT Analysis When analyzing Yahoo, it is clear that they have many strengths.One of their main strengths is their strong brand image compa red to their competition. Yahoo is currently the second biggest business in the industry both in the United States and globally after Google. Also, Yahoo was the first business to enter into this new industry, with itââ¬â¢s portals, commonly known as search engines now. In addition, Yahoo built many strategic partnerships. These strategic partnerships were negotiated by the business development staff at Yahoo. One example of a strong strategic partnership was teaming up wit AT&T in order to combine Yahoo! s services with access to the Internet. Yahoo also had a few weaknesses. Yahoo was lacking a long-term strategy, and their unwillingness to embrace the changes in the industry. They also did not offer Internet access like other portals such as AOL and MSN. The company had many opportunities. For instance, they had the opportunity to do strategic acquisitions or partnerships with other companies in order to ensure that their leadership will not be taken away by other companies th at were involved in mergers and acquisitions. Additionally, Yahoo had the opportunity of the growing online advertising market.Expenditures for online advertising grew from $0 in 1994 to $2 billion in 1998, and they were expected to keep growing exponentially. A third opportunity that Yahoo had is to keep expanding to more countries. Yahoo had international properties in 18 countries, but there are many other countries where Yahoo can keep expanding. The threats that Yahoo was facing were the very intense competition and government regulations. As the Internet industry evolved, regulations became more strict and the government becomes more involved. References Cnet. Feb-21-2011. http://news. cnet. com/2100-1033-273689. html
Subscribe to:
Posts (Atom)