Panasonic Company Analysis Marketing Essay

Panasonic Company Analysis Marketing Essay 1. Panasonic Corporation (PC) formerly known as Matsushita Electric Industrial Co., Ltd was founded in 1918 by Konosuke Matsushita and is headquartered in Kadoma, Osaka, Japan. The company changed its name to Panasonic Corporation in October 2008. This is a Japanese multinational corporation where its main business is in  electronics manufacturing and it produces over 15,000 different products under different names including Panasonic, Technics, Sanyo and Ramsa Professional Audio Systems. From the information given, Sanyo became a subsidiary of Panasonic on December 21, 2009. It has been 82 years since the company first established and it has successfully grown to become the largest Japanese electronics producer. Other than manufacturing electronic and electrical products, Panasonic offers non-electronic products and services such as home renovation services. According to the Forbes Global 2000, Panasonic was ranked the 89th largest company in the world in 2009 but it has dropped t o 444th largest company in 2010. Besides that, Panasonic was also ranked the 65th worlds largest corporation by FORTUNE Global 500 and is among the  Worldwide Top 20 Semiconductor Sales Leaders. Today, the company operates in many countries around the world and employs nearly 384,586 people. Panasonic Corporation has been a proud supporter of the Olympic Games for more than 20 years as an Official Worldwide Olympic Partner in the Video and Audio Equipment category. Panasonic is comprised of 14 business domain companies which have over 680 companies in the world. This company offers a variety of products and services such as manufacturing and selling electronic and electric products, systems and components for consumer, business, and industrial uses around the world. The company also offers video and audio equipment, information and communications equipment such as security system, electronic products, Internet-enabled equipment, flat-panel and plasma TV series, blue-ray disc and DVD recorders, digital video cameras, personal computers, and mobile phones. Besides that, the company also offers an automotive electronics, including car navigation systems, engine control units, and batteries. It also produces home appliances which consist of refrigerators, room air conditioners, washing machines and vacuum cleaners, coffee maker, dish washer, microwave oven, bread maker and steam iron. Furthermore, the company manufactures, sells, installs, and prov ides services related to various products that include electrical construction materials, home appliances as mentioned before, building products, electronic materials, and automation controls. In addition, it also provides semiconductor products such as electronic devices, batteries, and electric motors for usage in home appliances, industrial equipment, and office products. In conclusion, it serves consumers, industrial and business corporations, governments and other institutions by producing electric and electronic equipment, automotive manufacturers as well as other machinery product. 2. Panasonic is one of the worlds largest consumer electronics manufacturers. Its products such as home appliances are well known in Malaysia too. Lets discuss about the macro environment such as demographic, economic, natural, technological, political and cultural forces in with the company that operates according to the invested country. Demographic characteristic such as age, sex, marital status, personal income, occupation and education are basic factors that affect the market of the products in a particular country. As we know, products needs often vary with the consumer age. For example, most of the home appliances manufactured by PC is often used regardless of age groups, starting from the birth of a new baby which uses fans or air conditioner to a women who uses kitchen products such as refrigerator. Besides that, gender has always been the important factor in the market of the products. According to the research, it has been found that women were purchasing the Panasonic Sha ver as gifts for men in Canada. This suggested that the market targets females with the age of 35 and above. Regarding the economics status of the country such as India, The Consumer Electronics and Appliances Manufacturers Association have said that the industry in this field has posted a 30 %growth in the first quarter ended March 31, 2010. While flat panel displays registered a growth of 70 %, air conditioner sales increased by 50 % and home appliances business grew by 40 %. Due to the great marketing opportunities for home appliances in Indian, Panasonic India plans to invest around USD 30 million over the next three years to establish itself as a home appliances leader in the country, as quoted by the Panasonic India Marketing Director Manish Sharma. According to the information given, Panasonic India is currently the market leader in plasma and LCD TVs, with a 48 % share of the 3.6 million-unit flat TV market. Besides that, the flat TV panel sales have grown 250% over the last year, thus reflect a very good consumer response in India. However, currently this Japanese firm is looking for methods towards increasing its market shares in home appliances such as refrigerators, air-conditioners and washing machines while maintaining its position as a leading TV player.  Moreover, Panasonic India target to garner 15 % share in the washing machines market from the current 5 % over next two years. Panasonic is also re-working on its pricing strategy. It wants to roll out newer models, which will cut down the entry-level price of other products like home theatre and digital camera. The price is brought down by shedding unnecessary product features which may not be required in the smaller towns in India. On top of that, Panasonic Corporation is not only a manufacturer for consumer products, it is also concern about the environment as well. As we can see, Panasonic strives to be a Green Innovation Company with a global perspective by promoting environmental activities defined by eco ideas Declaration which was issued in October 2007 . There are a few activities that have been carried out by the company such as partnership with WWF(World Wildlife Fund) , Lights-out Campaign, Tree-Planting Activities, Recycling Activities, eco ideas House , eco ideas Factory Modal Transportation Shift and Panasonic Eco Relay. Regarding the recycling activities, Panasonic, together with Sharp Electronics Corporation and Toshiba America Consumer Products established Manufacturers Recycling Management Company, LLC (MRM) which is in charge of the recycling of electronics. Furthermore, this company has pledged to reduce its global carbon footprint by 300,000 tons by 2010. Panasonic has also pledged to vastly increase the number of energy-efficient products it makes. To increase the energy efficiency of the products, basically the company focuses on improving the power efficiency in use and standby modes by reviewing the products basic circuitry such as use of advanced designed circuitry known as 3-Terminal Intelligent Power Devices (IPDs). With this, the IPDs for the power supplies results in the reduction of about 81% compared with conventional models. The IPDs also represent a resource and space efficient chip configuration since everything in the modern world is concerned with miniaturization. In fiscal 2010, Panasonic Corporation has developed ECO NAVI (eco-navigation) functionality to increase the energy efficiency of their products. Equipped with this function, air conditioners will optimally control the airflow volume and room temperature by identifying the positions of people, furniture, and the volume of sunshine for the most energy-efficient operation. The same thing goes for washers or dryers where it conserves energy and water by discerning the amount of the clothes and how dirty they are. Other than that, the new model of US style side by side fridge-freezers is an example of energy-efficient refrigerator. The technology using for this kitten appliance is Panasonics Inverter technology. There are U-Vacua vacuum insulation panel and Twin-Eco Cooling System. Basically, they use a system of sensors and microprocessors to select automatically from multiple possible power levels, allowing the product to run on minimal power overnight and at times of low usage, thereby conserving valuable energy.  With the advanced technology implemented, the company has produced more than 445 ENERGY STAR qualifying products which is more than any other manufacturers.  From the information given, this company has received recognition for seven consecutive years (1999-2005) for ENERGY STAR award. In a political view, the company may have to deal with the political interferences that may be practiced by different country. According to research done, political systems of nations affect the conduction of businesses, for example some countries may practice collectivism while others may practice capitalism political systems. For instance, the UK government practices capitalism in that it allows factors of production to be privately owned by the company and the government performs only limited duties that the private sector cannot be executed unlike in communism and collectivism that stresses on group goals rather than the individual goals. Fortunately, Panasonic UK which is a private property and have vast of capital has no restrictions if the company insists future invests into that country. Besides that, the way the company operates in terms of operating rules of law and regulation is an important factor that affects its marketing as well. For example, how Panasonic Company deal with the legal rules in the UK is important because it can prevent conflicts from happening and will enhance the success of the businesses as well. The company is engaged in legal business practice of marketing electrical products which consist of home appliances, televisions, hi-fi that is permitted by the UK Laws and also must agree with the law stated by invested country too. Lastly, when dealing with the cultural difference in different country, Panasonic provides different types of languages for the user manual in different countries. Taking Malaysia as an example, the user guide for the home appliances has two main languages that are Malay and English while in Spain, the main language on the user guide will be in Spanish. 3. If I were the boss of the Panasonic Corporation, I will continuously invest in identifying and using more sustainable materials and develop a new technology with the aim to produce energy efficient and environmental friendly products. Through this, consumers benefit through energy savings and lower electricity bills. Besides that, advertisement or campaign regarding eco ideas must be done so that people have a clear idea on what is it about and perhaps this may raise the awareness in taking care of our environment and introduce our energy efficient products to them. Perhaps, reviewing the unnecessary features that are not required in certain small town or country and thereby reducing the cost of the product so that most of the demographic can afford it is also a good approach. Last but not least, I will further invest into big markets such as India and the Russian Federation. As we can see from the research done, India has a very good response in home electronic products, and henc e, further investment may the increase the growth of the company. The reason for choosing Russian Federation as one of the investment country is because of its population and targeted consumer, where it has 141,927,297 populations and the ratio of male to female residents with the age between 15 to 64 years is 0.92%. This will be our targeted custormer. However, further research on its economic and political status need to be done if I were to invest in this country.

Introduction: Palm Fiber Wall as Good Insulator

INTRODUCTION Nowadays, there are many innovation to build a container which can prevent heat lost faster. But most of them are made from polymer material which are not easily decompose when its become waste material after finish use it. As we know, the world is facing with a big problem about the waste product. The increasing in waste product will lead to hazardous pollution. As the world getting older the waste product continue to increase. And as the waste product increase our world will be in a danger situation.Regarding to this situation, we as a concern citizen will try to save the earth by using waste product in our daily life. So, we try to use a waste product from palm plant which is palm fiber. Malaysia growth over 1 billion palm tree all over the country especially in Sabah. Sabah was labeled as the richest land of palm plant. Palm fruit is used as fuel especially cooking oil. Palm fruit actually not only is use to produce cooking oil but every part of the palm tree has the ir own uses.After making some observation, we find that palm fruit can be divided into three main layer which are mesocarp, shell and kernel. Shell and kernel is a replacement for firewood while mesocarp contains fiber that we need for our experiment. To get the fiber from the mesocarp, the Fresh Fruit Bunch (FFB) is keep in an specific oven and steamed with 240 oC temperature in 80 minutes. Then, the FFB is transfer into a ‘Treasure Machine’ to separate its Empty Fruit Bunch (EFB) and the palm fruits.The palm fruits contained oil, nut and mesocarp. The oil, nut and mesocarp will be extract from palm fruit by using ‘Screw Press Machine’ with specific pressure and temperature. Now, only the nut and mesocarp left. The mesocarp is the part which contain palm fiber which is used in our research.. In palm factory, the nut and the fiber are used as a fuel. The structure of palm fiber that is very light and can absorb a lot of heat without congealing that makes it more suitable to be made as heat insulator.Additionally, it also can withstand extreme temperature and moisture condition that fulfill the properties of heat insulator. Besides, it is non hazardous biodegradable material extracted from oil palm empty fruit bunch. It also clean and free from pesticides. So, with all the benefits of palm fiber we can create a good heat insulator container compare to the polymer container. By finishing this project, we have create an eco-friendly invention that can reduce the pollution in our world. Therefore we also create a cheap product which can be use in our daily life.

Internet and Traditional Books

I. Title Library vs. Internet II. Introduction Students are often unable to distinguish appropriate from inappropriate resources. If the information is not available on the internet, it does not exist for them. Librarians and faculty express concern that students do not know how to adequately evaluate the quality of information resources found on the internet. Both  web-based  and traditional  library  resources are useful when conducting research. Each have their own particular strengths and weaknesses. Conducting research is something that every student will eventually have to do. Research projects are done in English class, in foreign language class, in social studies class and in science class. The sooner students are able to master the skills required for conducting research the better off they are going to be. The two most common places to find resources for research projects are in the library and online. Many thousands of web pages exist, comparing the advantages and disadvantages of using the Internet instead of a traditional library. Many of these are personal opinions, with the authors ranging from commercial sites to professional organizations. By limiting their research to the internet, students are ignoring the books, journals, databases, full-text digital resources and other scholarly materials provided by the library. In many academic libraries, use of print resources is decreasing. Use of video and other media appears to be increasing. Ignoring library resources in lieu of web resources may imperil the quality of student learning. You may find instructors who do not allow their students to use web resources in class projects for this very reason. Faculty can have an enormous influence over student choices for research resources. However, the Internet and the Web should not be disregarded as valuable research tools. With proper training and cross-referencing, both can be highly effective and efficient means by which students locate information. As computers are becoming more common in schools and homes, students and teachers are becoming more computer literate and Internet literate. The library is the traditional place to conduct research for a school research project. Libraries contain a large collection of books, periodicals and multimedia resources. They also have live people there called librarians who are available to help you find the information that you need. Libraries also give you the opportunity to read hardcopies of the reference materials that you use and they have photocopying machines available to students so that they can take home a copy of the information that they need. Libraries are established for the systematic collection, organization, preservation and dissemination of knowledge and information. It is very important for man to preserve and maintain the valuable knowledge and information contained in the books and documents because we want to preserve our knowledge and wisdom for the coming generations. By preserving the documents in a library this knowledge can be made available to others so that they can benefit from it. Establishment of libraries is not a new concept. The oldest library dates to around 2700 years ago in Sennacherib's Palace in Nineveh which shows how long ago the concept of leaving a piece of your wisdom behind started being formed into the organized collection to preserve the work. While libraries are wonderful resources for a variety of reference materials, they do have a few limitations. First of all libraries are not usually open 24 hours a day seven days a week. This means that your access to the research materials is limited to the hours of operation of the library. Secondly, the books in a library can be somewhat out-of-date, particularly in smaller libraries. Finally, libraries can be crowded and access to reference materials, computers and other pieces of equipment can be limited by the number of people who also need to use those items. Internet research  is the practice of using the  Internet, especially the World Wide Web, for  research. The internet is widely used and readily accessible to hundreds of millions of  people  in many parts of the  world. It can provide practically instant  information  on most topics, and has a profound impact on the way  ideas  are formed and  knowledge  is created. The Internet solves many of the problems associated with conducting research in a physical library. First of all students have instant access to reference materials 24 hours a day seven days a week. Students also do not have to travel to get to the reference materials that are found online. This means that they can find references for their research project any time and it also means that they can access these references from anywhere that has a computer an Internet access. Finally, the Internet provides students access to multiple databases and sources of information, many of which are not going to be found in a library. Common applications of  Internet researchinclude personal research on a particular subject (something mentioned on the news, a health problem, etc. ,  students  doing research for academic projects and papers, and  journalists  and other  writers researching stories. It should be distinguished from  scientific research  Ã¢â‚¬â€œ research following a defined and rigorous process – carried out on the Internet; from straight forward finding of specific info, like locating a name or phone number; and from research  about  the Internet. Co mpared to the Internet, print physically limits access to information. A book has to be identified, then actually obtained. On the Net, the Web can be searched, and typically hundreds or thousands of  pagescan be found with some relation to the topic, within seconds. Just like a physical library the Internet has research limitations. The first limitation is based on the student’s ability to access a computer, electricity and Internet access. The second problem is that not all information found online is good information. There are a lot of websites that have inaccurate and incomplete information. These problems can be overcome by focusing research efforts solely on websites that are run by government or other authoritative organizations or by using databases that hold peer reviewed journals. Many predict that the digital age will wipe public bookshelves clean, and permanently end the centuries-old era of libraries. As libraries' relevance comes into question, librarians face an existential crisis at a time when students need them the most. User demand is ever increasing and putting a great pressure on the librarians. Therefore, there is an imperative need for the modernization of libraries in order to keep pace with the modern times. The new challenges in the field of Library and Information Science can be met by adopting the process of digitization and networking. In the present age the Librarians have to face many problems due to the limitations of time and space. User satisfaction is the main objective of a good library. It cannot be achieved without adopting the modern tools and techniques rendered available by the modern technologies available in the field of Information and telecommunication. These developments have led to the creation of Digital and Virtual Libraries, which have great advantages over the traditional libraries. Therefore, digital libraries are becoming popular due to the advantages and facilities, which are offered by them to their users. III. â€Å"Accuracy is another area where the Internet information and library information are dissimilar. Before information reaches a library, it is filtered in three ways: (a) it is written and/or issued by an authoritative source such as the federal government or a reliable organization; (b) it is authenticated as part of an editorial or peer review process by a publisher; or (c) it is evaluated by experts, reviewers, or subject specialists/librarians as part of collection development (Brandt, 1996). In a library, the information is then selected, reviewed again, evaluated, and catalogued. The information is selected for specific purposes and specific reasons to be included in a section. Information on the Web has no evaluation criteria. Anyone can publish anything on the Web. It is important that teachers and students do not take information found on the Web at face value. Facts and figures should always be cross-referenced with other resources. † — http://www2. hawaii. edu/~nguyen/web/literature1. htm

Marxist Theory On Capitalism And Communism - 1468 Words

MARXIST MATERIALISM Marx was a philosopher and economist. He developed the concept of materialism to study the material things in society, i.e. the economy, that shape and affect the social life of individuals. Marx studied the work of Hegel, however rejected his predecessor’s focus on ideals because he recognized an essential connection with the problems of society and individuals and the material conditions of the society (Ritzer 2011: 21). Marx employed materialism in two facets of his theoretical work, historical materialism and dialectical materialism. Materialism is a central component of Marx’s study of Capitalism and theoretical development of Communism. Historical Materialism Historical materialism serves a dual role in†¦show more content†¦The statement encapsulates the tenets of historical materialism and is a major Marxist critique of Capitalism. Marx finds throughout history, specifically written history, the economic conditions of given time-periods created social orders that reflected the conditions. Societies have typically organized a two-party social class system, assigning an individual based upon their wealth and role in economic and social structures. Marx simplifies the relationship of the classes as that of â€Å"oppressor and oppressed† throughout history and societies, and highlights the perpetuation of inequality based on the class system (50). Industrialization and capitalism established a society of Bourgeoisie and Proletariats, the former the owners of the means of production and the latter the workers. Marx formed the labor theory of value to mirror the doctrine of political economists like Adam Smith. The labor theory of value attributes all wealth and value in Capitalism to the labor of the