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Friday, August 16, 2019

Marketing Paper Heineken Essay

Heineken is a Dutch beer brewery company, which was founded in 1863, when Gerard Adriaan Heineken bought a small brewery in Amsterdam called â€Å"The Haystack†. In 1900 the company came up with it nowadays famous five-point star. In 1914 the company began expanding, starting with the production of their own bottled beers. By 1914 the company was one of the most loved import beers in the United States. From around 1948 Heineken began promoting their beer on a large scale. With slogans as â€Å"Heerlijk helder Heineken† (meaning: Delicious clear Heineken) and â€Å"Good people bring home Heineken†. In 1968 Heineken comes up with an innovation that will be used for over 30 years, the barrel with an attached draft pipe. This way an innkeeper only has to connect the barrel from the outside. In the same year Heineken also takes over their rival company Amstel. However, Amstel will keep its own identity and they will both follow different strategies. In the early 1980’s Heineken is available in 145 countries around the world. After the fall of the Wall in 1989, Heineken will even expand further into Eastern Europe. For instance, Heineken acquires Brau Beteiligungs A.G. (BRAG), in 2003. Until now, that is still the largest acquisition in Heineken’s history. In 2005 Heineken comes up with an innovative system that would take over the markets once more: The portable Heineken Draught keg. In 2010 Heineken is active in 170 countries and still trying to expand. They have 120 breweries globally, and employ 54.000 people. In the 120 breweries Heineken owns, Heineken brews more than 200 different kinds of beers and ciders, Heineken Premium beer being the most famous one. In Heineken’s Annual Report of 2009 Heineken has stated that 18 percent net growth in net profit. They reported revenue of â‚ ¬14.701 million; their net profit was â‚ ¬1.055 million. Their revenue of â‚ ¬14.701 million came from a consolidated beer volume of around 125 million hectoliters.[1] Heineken N.V. and Heineken Holding N.V. Stock exchange and management scheme Heineken N.V. and Heineken Holding N.V. are both represented on the Stock exchange list. Heineken Holding holds 50.005 % interest in Heineken N.V. FEMSA holds a 9.245% interest in Heineken N.V. The free float interest in Heineken N.V. is 40.75%. L’arche Green N.V., is owned by the Heineken family for 88.75% and by Greenfee B.V., which owns the remaining 11.25%. L’arche Green N.V. holds a 50.075% interest in Heineken Holding N.V. FEMSA holds a 14.94% interest in Heineken Holding N.V. Free float interest in Heineken Holding N.V. represents 34.94%.[2] We have put a stock exchange and management scheme in Appendix A. Products, Geographical Markets and Market Positions As Heineken brews around 200 different kinds of beers and ciders, we will first state a couple of recognizable brand names. However after that, we will focus on the Heineken Premium Pilsner, or Heineken Premium segment. We will differentiate on the premium segment because otherwise our paper will become to elaborate. Products Heineken most famous brand is Heineken Premium Beer. Below I will mention other brand names that Heineken brews in their breweries. I chose to name the products they brew in Western Europe; this is due to the fact that Heineken is Europe’s largest and leading beer brewer. In Europe the most brewed beers and ciders that Heineken brews are: – Heineken – Amstel – Desperados – Gà ¶sser – Strongbow – Edelweiss For a total overview of all the beers that Heineken brews in the worlds, you can visit http://www.heinekeninternational.com/products_brands_brands.aspx For the relevance of this paper, it is not necessary to name all these brands. Geographical Markets Below you will find a table with the geographical distribution of consolidated beer volume, this is off al of the beers and ciders Heineken brews in the world. |In thousands of hectolitres[3] |2010 |% | |Western Europe |45,394 |31.1 | |Central and Eastern Europe |42,237 |29.0 | |Africa and the MIddle East |19,070 |13.1 | |The Americas |37,843 |25.9 | |Asia Pacific |1,328 |0.9 | |Consolidated beer volume |145,872 |100 | The premium segment is listed below. |Segment |Volume |Percentage | |Western Europe |7,600 |29,3% | |Central and Eastern Europe |2,800 |10,8% | |Africa and the Middle East |2,100 |8,2% | |North and South America |9,000 |34,7% | |Asia Pacific |4,400 |17,0% | |Total |25,900 |100% | Market positions Western Europe In Western Europe Heineken is market leader in countries including The U.K., The Netherlands, France and Italy. Heineken is the number two as beer brewer in countries such as Belgium, Finland, Ireland, Spain, Portugal and Switzerland. Western Europe is a highly important segment for Heineken as a company, Europe as a whole has about 850 million inhabitants, and together they are consuming 40,1 percent of the total premium segment, on average only the America’s are drinking more premium beer. Central and Eastern Europe In Central and Europe Heineken is also the largest beer brewer. Being the market leader in several countries Heineken brews 42.237 million liters of consolidated beers and ciders. The volume of Premium beer however is slightly low, only 10,8 percent. Africa and the Middle East Heineken is becoming more and more successful in countries in Africa, after starting the Heineken Africa Foundation the brand has become highly popular in sub-Sahara countries. Due to the high population of expatriates, Heineken is able to sell premium beers in African and Middle Eastern countries. North and South America This is the only segment Heineken does not own a market leading position. Heineken does enjoy number two positions in Mexico, Brazil, Chile and Argentina. In 2010 their position was strengthened after buying FEMSA. Asia Pacific The Asian market has been growing for multiple consecutive years. Heineken holds strong positions in Thailand, Vietnam, Australia, New Zeeland, Singapore and Taiwan. The fact that Heineken is a strong brand in Singapore is because of the earlier mentioned reason, the reason being expatriates. Cultural issues affecting Heineken When researching cultural issues, we thought of a case we had to deal with in the International Management II course. This case dealt with expatriates in Saudi Arabia. The common belief in Saudi Arabia is the Islam; their holy book is the Koran. The Koran states: Regarding Alcohol – The Holy Quraan states: â€Å"They ask Thee concerning Wine and Gambling, Say: In them is great sin, and some profit, for men; but the sin is greater than the profit.† (Surah Al-Baqarah:219) This means that all Islamic people should refrain from alcohol. The fact that Islamic people should refrain from alcohol makes it hard for Heineken to find a market in Saudi Arabia for Heineken beers or other ciders containing alcohol. However, Saudi Arabia is a country in which a lot of expatriates live and work. Expatriates are (mostly) western people, who do live according to the Koran. This means that these expatriates are able to drink a beer after work. The fact that this is able for expatriates makes it easier for Heineken to sell their brews in countries such as Saudi Arabia. However, this is the kind of problem Heineken mostly has to deal with. These kinds of problems are not hard to solve. We were not able to find more problems, only those that are similar to the problem we described above. We can conclude that Heineken is a very large MNE, Multi National Enterprise, however, we have not jet reviewed Heineken’s current performance. In the following section of our report we will analyse the performance of Heineken N.V. over the last five years. Therefore, will balance their financial performance against another large brewer’s performance, namely SABMiller. |Revenue (Change in % of the year before) |Heineken |SABMiller | |2010 |9.7% |4% | |2009 |2.7% |6% | |2008 |27.3% |15% | |2007 |6.2% |22% | |2006 |9.6% |19% | In this table the growth of the revenue is reviewed since SABMiller’s total revenue is more than Heineken’s. Although Heineken kept growing their revenue in the last five years, their competitor’s revenue kept growing as well. SABMiller generated even a bigger growth of their revenue compared to Heineken. Therefore we can state that although Heineken has increased their revenue in times of financial crisis, this does not imply that the performed extraordinary well compared to their competitors. According to John Hagel III, John Seely Brown and Lang Daviso in their blog article on ‘The Best Way to Measure Company Performance’ (2010), the return to equity ratio is not the best way to measure company performance. A different view is the one from the shareholders; since ROE focuses on the net income per share, it is a very commonly used method to measure company’s performance by shareholders. Therefore, this method is used in this paper and if we would use other methods our paper will become to elaborate. Concluding from this table we can state that Heineken performed better over the last five years then one of its main competitors in terms of Return on Equity. ROE’s between 15% and 20% are considered desirable; Heineken met this standard very well. Although SABMiller is not coping with a low Return on Equity, they are nevertheless unable to meet that standard. |ROE (Return on equity) |Heineken |SABMiller | |2010 |14,1% |12,6% | |2009 |19,7% |13,4% | |2008 |22,7% |12,2% | |2007 |20,7% |12,5% | |2006 |18,6% |11,5% | To summarize, both Heineken and SABMiller maintained a high level of growth over the last five years; their revenue kept growing. Despite both companies kept growing their revenue, a look at the Return on Equity ratio shows that Heineken is more profitable then SABMiller. It is save to state that Heineken has financially performed well over the last five years. International market segmentation International market segmentation can be described as the process of dividing the entire market into smaller market segments. According to Hollensen’s Essentials of global marketing (2008) there are 4 steps a company has to take while segmenting the right market, these steps can be found in appendix B. In this section, Heineken’s international segmentation strategies are discussed following these four steps. Hollensen’s first step is â€Å"the selection of the relevant segmentation criteria,† every market has it’s characteristics, Heineken had to select the criteria that were relevant for them. Heineken had to take in account measurable factors such as the geographic location, language, industrial structure and political factors. In addition, they had to take in account factors that have a low degree of measurability, such as cultural characteristics and attitudes and tastes. Not all these factors are relevant for Heineken; the language is not that relevant to a brewing company, however, the taste of the consumer is. Heineken also segmented their export market using other characteristics. Important characteristics for Heineken are age, e.g. minimal drinking age; alcohol consumption, e.g. heavy or casual drinker; tastes, e.g. they might prefer sweeter beer to Heineken and geographic location, e.g. the distance to the brewery. The second step is the development of appropriate segments. In this step Heineken had to find markets and market segments that match their relevant selection criteria. The third step is the screening of segments to narrow down the list of markets/countries to choose from and make a decision. This screening process can be divided into two steps, first the preliminary screening, countries/markets both external criteria and internal resources have to be taken into account. Secondly the fine-grained screening where the firm’s competitive power in different markets should be taken into account. Heineken selects in this step the market segments where they want to participate in. The forth step is â€Å"to develop subsegments in each qualified country and across countries.† In this step Heineken turns it’s macro segments from step three to micro segments; they further define their market segments. Market targeting Targeting is the process of evaluating potential identified segments to select the one with the highest potential (Hollensen, 2008). Heinekens target markets consist of younger to middle aged people. Heineken’s marketing activities are focused on this segment; they want their market segment to relate Heineken beer to sport events, festivals and nightclubs. Heineken is successful in addressing this consumer segment; they are the preferred premium beer for a large market share. This target market does not differ a lot among countries, although they adjust their marketing to each market, these adjustments are minor ones. Market positioning Market positioning can be defined as the process of creating a preferable brand image in the minds of the target groups of a company. It is not only preferable for companies to establish a positive brand image, but a positive identity for their products and organization as well. Market positioning is important to Heineken; Heineken puts many resources in advertising and positioning projects. When a company considers market positioning, they are likely to use the four P’s, Product, Price, Place and Promotion. We will briefly introduce these concepts and we will examine them further in a different section of this article. The four P’s are the marketing mix; all these aspects should be taken in consideration when constructing a marketing program that delivers superior value (Kotler & Armstrong, 2005). Heineken is actively using its marketing mix to position themselves as a positive brand for their target market. Heineken is involved in several market positioning activities, for example, Heineken is one of the main sponsors of the UEFA Champions League, one of the largest soccer leagues in Europe. Their goal with sponsoring this league is for their target market to relate Heineken with this sport event, therefore creating a positive brand image. Another example of a market positioning activity that Heineken is involved in will be the sponsorship of a concert hall in the Netherlands, namely the ‘Heineken Music Hall.† Again, their goal is that their targeted customers are gaining affection with the positive experience of the concert and the brand Heineken. In addition, Heineken is opening and sponsoring fully branded bars around the world. Heineken sponsors these bars and you can find their brand logo almost everywhere. Heineken allocates many resources to their marketing department in order to do this around the world; this results in brand recognition everywhere. This is again a promotional activity conducted by Heineken to establish a better market position. Product strategies The product strategy is a marketing plan of a specific product accommodated to for instance the target market, desired product positioning within the market, and profit objectives. Almost always product strategies are based on the four P’s, financial targets, and budgets of the producing company. Now, a deeper look in the product strategies of Heineken shall be made.Firstly, Hollensen(2008)[4] states that there are three levels of a product. These three levels include: the core product benefits, the core attributes and the support services (figure below). As the figure shows there is a high possibility of standardizing elements of products at the level of â€Å"core product benefits, medium possibilities to standardize in the â€Å"product attributes† level, and a low possibility of support services being standardized. [pic]The most eye-catching core product benefits of Heineken include the technology, most important: the patented technology used to brew the beer and giving it the distinguishable taste Heineken is known for. Heineken does not change the brewing process in any foreign market it explores (Anthony Ruys, 2005)[5] so no matter where Heineken is consumed the taste will be exactly the same. Also the perceived value is a major core benefit for Heineken, Heineken is such a large brewery with so many (geographically dispersed) market that it is recognized all over the world, people in foreign markets see Heineken as a luxury beer and this is exactly what Heineken intended when entering the market, for example Heineken promotion strategy in when entering the USA market: Heineken hired a vast amount of actors to go to luxury bars and hotels and keep asking for a â€Å"Heineken† beer, when this continued over a long period those bars and hotels were almost forced to use Heineken. Salient detail: a test with blindfolds regarding several breweries, Heineken finished almost at the bottom of the list, when the same experiment was conducted with the names of the breweries in sight Heineken was the undisputed number one. (Peters, 2001) [6] Looking at the product attributes it is remarkable that Heineken maintains almost the exact same size, looks , and lay out in every foreign market to get a high recognition rate. So the design, packaging, and quality are practically the same in every foreign market, this way their brand name and status is strengthened. Because of this Heineken also tries to keep the product attributes standardized. Hence two slogans of Heineken: â€Å"Serving the planet†; and â€Å"meet you there†, meaning wherever one may go the familiar Heineken beer will be around.Finally there is the support services level, this is the level with the lowest standardization in the company. Heineken has many marketing involvements in bars and hotels and host numerous events. The biggest example of Heineken’s support service in their home country the Netherlands is the â€Å"Holland Heineken house†, It is a portable bar which is up and running on the scene at major sporting events (world cup soccer etc.). these events and marketing opportunities are not as easy to standardize like for instance the production process. For the simple reason that it is an unpredictable aspect of the company. Market entry and distribution strategies Heineken started exporting in 1876 with regular shipments to France, twelve years after taking over â€Å"de Hooiberg† (another dutch brewery established in 1592), but Heineken kept a low profile concerning the export. Only after the son of Gerard Adriaan Heineken took over, the export of Heineken experienced a big growth with market entries in for example the United States. The United States were a vast growing market but it came to a sudden hold in the 1920’s when the prohibition act or â€Å"Volstead act† was initialized. By 1970 however Heineken was available in 70 percent of retail outlets in the United States mostly because of Heinekens distribution process. After this success Heineken began exporting to practically every corner in the world. According to Hollensen (2008) entry strategies for foreign market are divided in two groups. When a company goes abroad and has to choose a entry mode a distinction should be made in internalizing and externalizing foreign investment strategies. As can be seen in Appendix C[7]. hierarchical modes offer to most internalization where export modes require the most externalization. Between these two extremities are the intermediate modes. These modes will be discussed in the next paragraphs and will show which mode Heineken adapted. Firstly, the hierarchical modes which covers the internal factors. This includes the international experience of a company and what the size of the company is. When Heineken went to the United States it had very limited international experience. Also, back then, Heineken was the largest brewery in the Netherlands, but compared to the world The Netherlands is a very small market so Heineken had a restricted size. It also includes product complexity and differentiation. The product complexity when Heineken expanded to the United States was very low, after all at that time it only produced Heineken beer, only later on the made products adjusted to several foreign markets and product differentiation was created. Secondly, the export modes which cover the external factors. There are a vast amount of external factors with the most important one: the social an cultural distance between the home and the host country. Cultural and social distance between countries like The Netherlands and Belgium or Germany are not that big, however there were a lot of competitors present in the same branch in that period so Heineken decided to expand elsewhere. For instance in the United States there were few competitor because of the prohibition. But when a â€Å"western† company wants to expand in Asia or in Arabic countries there is a huge social and cultural distance. In the 1970’s Heineken started to pay more attention to the foreign markets and built up their social awareness which decreased the â€Å"sociocultural distance†. The mode with the most externalization is the export mode. In this mode the company has the choice between direct-, indirect-, and cooperative export entry mode. With the indirect export entry mode the company is mildly interacting with the foreign market due to the fact that an independent organization will distribute the company’s product. There is low risk and low commitment but there is also low control of the local distributer etcetera. Furthermore there is the direct market entry mode, in this mode the company is directly selling to a importer in the desired foreign market. The exporter will be in charge of the ins and outs and the up- and downstream functions and maintain well supported ties with the foreign market. When both the indirect- and the direct mode are not applicable the cooperative mode comes in the picture where there is a local importer dealing with the downstream functions (marketing, sales, services) and the exporter is in charge of the upstream functions within the local company (for example: the R&D department). Heineken started off in the export mode not only because there was limited experience in foreign markets up till then. The company had to keep expanding because the market for breweries became ever more competitive, Heineken founded a new brewery in the Netherlands but also founded the Malayan breweries and breweries in Venezuela, Zaire and Italy. Furthermore Heineken took over several foreign breweries. Nowadays Heineken adopted a Hierarchical mode for the market entry this means that it is fully owned and controlled by the company, but also the company bears the risk of its actions. Every market Heineken operates in. Heineken’s headquarters are stationed in the Netherlands but there are several subsidiaries in foreign markets because the general assumption is that geographically dispersed markets differ a lot and many will require a different approach which are than dealt with by the subsidiaries. Promotion Strategies According to Hollensen (2008) â€Å"†¦ important are the promotion or the performance promises that the organization makes for its product or service in the target market†. Regarding to product decisions, promotion of products can be adapted or standardized to foreign markets. Figure 1 (see appendix D), provides an overview of how products can be promoted in foreign markets. With regard to figure 1, Heineken seems to fit in the box of ‘Straight Extension’, since both the product and the promotion strategy of the company are standardized (one product, one message worldwide (Hollensen, 2008)). This is also stressed by Heineken’s general promotion strategy across the globe, which effectively creates a connection between the brand and the customers. In addition, Herwin van den Berg, Marketing Director of Heineken in the Netherlands states that: â€Å"Marketing is about attracting, inspiring and binding consumers and ensuring timely wake-up calls to your own organization†. Firstly, the Heineken company includes besides the well known Heineken brand, over 170 different, often local, brands as well. This multi-brand strategy proves to be simple, but effective. The main idea of acquiring other suitable, local brands, is to serve Heineken as a premium beer alongside the acquired local brand. If some local brand proves to have a significant growth potential, the brand is of interest of the Heineken company. This policy actually creates a global position for, because the Heineken brand becomes recognized as being a premium beer. Secondly, according to the Heineken website (www.heinekeninternational.com), the company has developed a policy of ‘Selling beer safely’, this policy holds that professional Beer Promoters (BPs) sell and promote Heineken beer directly to the (potential) consumers This policy proves to be a successful promotion strategy in most countries, because this policy manages to satisfy all different constituencies of the company. Despite the use of BPs, Heineken strives to improve the overall safety and health of the Beer Promoters, since promoting beer can be quite hazardous. Therefore, Heineken developed policies in their breweries that cover all aspects that are influencing the working conditions of the BPs. In order to instruct and train the BPs for their job as a effective Beer Promoter all over the world, Heineken developed all kinds of training tools, varying from instruction DVDs and manuals, to leaflets and booklets. These training tools are continually being improved and redesigned to maintain a proper basis for implementing the right strategy. Additionally, these training tools are translated in several languages, in order to maintain a general promotion strategy all over the world. Thirdly, when comparing the Heineken websites in different countries, it is obvious that Heineken uses the same promotion campaigns all over the world (examples: Draught keg, Extra cold, Beertender) . What stands out are Heinekens green (premium) beer bottle on the homepage on each website, the use of bright green colors, a direct link to Heineken’s Facebook page, and depending on the country, promotion campaigns such as Heineken Music or the UEFA Champions League. Besides the use of global marketing campaigns, some websites display local, country specific content as well (such as the new Heineken Ellipse glass). Additionally, most websites are fully translated, and some only partially in the foreign country’s language. Fourthly, when comparing the TV-commercials (www.youtube.com) of Heineken in different countries, it is obvious that the company promotes its premium beer and new products in quite the same way across the globe. The company actively promotes what seems to be the ‘Heineken experience’ which holds that Heineken premium beer is being drunk in the same way by people all over the world. However, the company does produce country/region specific ads, with slight adjustments, mostly for the major markets. In Asia for example, the commercials seem to reflect that a Heineken premium beer can be gained after a hard day at work. In Hispanic countries, a Heineken premium beer stands for intimacy and closeness, and in the image of Heineken in Western countries is that nothing stands between a man and a Heineken premium beer. To conclude with, â€Å"Heineken portrays itself as a global brand that makes the world just that little bit more enjoyable through its mentality and innovative products† (Heineken Case, Sister.) Pricing Strategies â€Å"Pricing policy is an important strategic and tactical competitive weapon that, in contrast to the other elements of the global marketing mix, is highly controllable and inexpensive to change and implement† (Hollensen, 2008). The Heineken company sells premium beer, which holds that the beer is priced in upper segment of the beer market. By premium pricing, customers become perceived that Heineken beer is different from all other brands, in the sense of being of a higher quality. And so, the relative high price can be established simply because customers are willing to pay the higher price for the real and perceived quality. Moreover, by pricing the product relatively high, the product position in de minds of customers becomes on the desired (high) level. Since Heineken premium beer is a standardized product, there are little additional costs concerning modification of the product to foreign markets. Therefore, Heineken can adjust its prices easily to the purchasing power in a foreign market and so maintain its brand image of being a premium beer, by setting the price to the relative upper segment of a country’s local beer market. By conducting this policy, Heineken maintains a global image of being a premium beer. Moreover, in some foreign markets Heineken even has the advantage of the so called country-of-origin effect. Which holds that customers perceive a product made in a certain country of being of a desired quality. Apparently, the Netherlands have a high reputation in the global beer market, since, for example, the customers in the United States are willing to pay significantly more for Heineken premium beer. On average, for every 100 liters of Heineken beer shipped to the US, Heineken’s profit is estimated on about 21 euro’s. In contrary, the average profit per 100 liters of Heineken beer in other countries is estimated on about 11.70 euro’s (Elsevier website). In short, Heineken is able to maintain its image of being a premium beer through both the general perception of being of a high/premium quality, and the corresponding price that has to be paid for Heineken’s premium beer. Source: Based on Keegan, 1995, pp. 489-94 and p498, Table 13.1 ———————– [1] http://www.annualreport.heineken.com/nl/Een_kort_overzicht/index.html#financials [2] http://www.heinekeninternational.com/ownership_cg.aspx [3] http://www.annualreport.heineken.com/Other-information/countries-and-Brands/index.html [4] Svend Hollensen: Essentials of global marketing [5] http://www.alcoholpreventie.nl/bestand/2005MarketingphilosophyofHeineken.pdf [6] Peters and Van Dam: Dienen en verdienen (serve and earn) (2001) [7] Svend Hollensen: Global Marketing (p. 280)

Thursday, August 15, 2019

Linguistics Essay

The first is that there may be an over-preoccupation with one particular feature that may well minimise the significance of others that are equally important. (Wetherill. 1974, 133) The second is that any attempt to see a text as simply a collection of stylistic elements will tend to ignore other ways whereby meaning is produced. (Wetherill. 1974, 133) Implicature In ‘Poetic Effects’ from Literary Pragmatics, the linguist Adrian Pilkington analyses the idea of ‘implicature’, as instigated in the previous work of Dan Sperber and Deirdre Wilson. Implicature may be divided into two categories: ‘strong’ and ‘weak’ implicature, yet between the two extremes there are a variety of other alternatives. The strongest implicature is what is emphatically implied by the speaker or writer, while weaker implicatures are the wider possibilities of meaning that the hearer or reader may conclude. Pilkington’s ‘poetic effects’, as he terms the concept, are those that achieve most relevance through a wide array of weak implicatures and not those meanings that are simply ‘read in’ by the hearer or reader. Yet the distinguishing instant at which weak implicatures and the hearer or reader’s conjecture of meaning diverge remains highly subjective. As Pilkington says: ‘there is no clear cut-off point between assumptions which the speaker certainly endorses and assumptions derived purely on the hearer’s responsibility. ’ (Pilkington. 1991, 53) In addition, the stylistic qualities of poetry can be seen as an accompaniment to Pilkington’s poetic effects in understanding a poem’s meaning. Stylistics is a valuable if long-winded approach to criticism, and compels attention to the poem’s details. Two of the three simple exercises performed here show that the poem is deficient in structure, and needs to be radically recast. The third sheds light on its content. Introduction Stylistics applies linguistics to literature in the hope of arriving at analyses which are more broadly based, rigorous and objective. {1} The pioneers were the Prague and Russian schools, but their approaches have been appropriated and extended in recent years by radical theory. Stylistics can be evaluative (i. e. udge the literary worth on stylistic criteria), but more commonly attempts to simply analyze and describe the workings of texts which have already been selected as noteworthy on other grounds. Analyses can appear objective, detailed and technical, even requiring computer assistance, but some caution is needed. Linguistics is currently a battlefield of contending theories, with no settlement in sight. Many critics have no formal training in linguistics, or even proper reading, and are apt to build on theories (commonly those of Saussure or Jacobson) that are inappropriate and/or no longer accepted. Some of the commonest terms, e. g. deep structure, foregrounding, have little or no experimental support. {2} Linguistics has rather different objectives, moreover: to study languages in their entirety and generality, not their use in art forms. Stylistic excellence — intelligence, originality, density and variety of verbal devices — play their part in literature, but aesthetics has long recognized that other aspects are equally important: fidelity to experience, emotional shaping, significant content.

Wednesday, August 14, 2019

Glutathione

Glutathione (GSH) is a tripeptide that contains an unusual peptide linkage between the amine group of cysteine (which is attached by normal peptide linkage to a glycine) and the carboxyl group of the glutamate side-chain. It is an antioxidant, preventing damage to important cellular components caused by reactive oxygen species such as free radicals and peroxides. [2] Thiol groups are reducing agents, existing at a concentration of approximately 5 mM in animal cells. Glutathione reduces disulfide bonds formed within cytoplasmic proteins to cysteines by serving as an electron donor. In the process, glutathione is converted to its oxidized form glutathione disulfide (GSSG), also called L(-)-Glutathione. Glutathione is found almost exclusively in its reduced form, since the enzyme that reverts it from its oxidized form, glutathione reductase, is constitutively active and inducible upon oxidative stress. In fact, the ratio of reduced glutathione to oxidized glutathione within cells is often used as a measure of cellular toxicity. 3] Glutathione is not an essential nutrient (meaning it does not have to be obtained via food), since it can be synthesized in the body from the amino acids L-cysteine, L-glutamic acid, and glycine. The sulfhydryl (thiol) group (SH) of cysteine serves as a proton donor and is responsible for the biological activity of glutathione. Provision of this amino acid is the rate-limiting factor in glutathione synthesis by the cells, since cysteine is relatively rare in foodstuffs. Furthermore, if released as the free amino acid, cysteine is toxic and spontaneously catabolized in the gastrointestinal tract and blood plasma. [4] Glutathione is synthesized in two adenosine triphosphate-dependent steps: * First, gamma-glutamylcysteine is synthesized from L-glutamate and cysteine via the enzyme gamma-glutamylcysteine synthetase (a. k. a. glutamate cysteine ligase, GCL). This reaction is the rate-limiting step in glutathione synthesis. citation needed] * Second, glycine is added to the C-terminal of gamma-glutamylcysteine via the enzyme glutathione synthetase. Animal glutamate cysteine ligase (GCL) is a heterodimeric enzyme composed of a catalytic (GCLC) and modulatory (GCLM) subunit. GCLC constitutes all the enzymatic activity, whereas GCLM increases the catalytic efficiency of GCLC. Mice lacking GCLC (i. e. , all de novo GSH synthesis) die before birth. [5] Mice lacking GCLM demonstrate no outward phenotype, but exhibit marked decrease in GSH and increased sensiti vity to toxic insults. 6][7][8] While all cells in the human body are capable of synthesizing glutathione, liver glutathione synthesis has been shown to be essential. Mice with genetically-induced loss of GCLC (i. e. , GSH synthesis) only in the liver die within 1 month of birth. [9] The plant glutamate cysteine ligase (GCL) is a redox-sensitive homodimeric enzyme, conserved in the plant kingdom. [10] In an oxidizing environment, intermolecular disulfide bridges are formed and the enzyme switches to the dimeric active state. The mid-point potential of the critical cysteine pair is -318 mV. In addition to the redox-dependent control is the plant GCL enzyme feedback inhibited by GSH. [11] GCL is exclusively located in plastids, and glutathione synthetase is dual-targeted to plastids and cytosol, thus are GSH and gamma-glutamylcysteine exported from the plastids. [12] Both glutathione biosynthesis enzymes are essential in plants; knock-outs of GCL and GS are lethal to embryo and seedling. [13] The biosynthesis pathway for glutathione is found in some bacteria, like cyanobacteria and proteobacteria, but is missing in many other bacteria. Most eukaryotes synthesize glutathione, including humans, but some do not, such as Leguminosae, Entamoeba, and Giardia. The only archaea that make glutathione are halobacteria. [14][15] [edit] Function Glutathione exists in reduced (GSH) and oxidized (GSSG) states. In the reduced state, the thiol group of cysteine is able to donate a reducing equivalent (H++ e-) to other unstable molecules, such as reactive oxygen species. In donating an electron, glutathione itself becomes reactive, but readily reacts with another reactive glutathione to form glutathione isulfide (GSSG). Such a reaction is possible due to the relatively high concentration of glutathione in cells (up to 5 mM in the liver). GSH can be regenerated from GSSG by the enzyme glutathione reductase. In healthy cells and tissue, more than 90% of the total glutathione pool is in the reduced form (GSH) and less than 10% exists in the disulfide form (GSSG). An increased GSSG-to-GSH ratio is considered indicative of oxidative str ess. Glutathione has multiple functions: It is the major endogenous antioxidant produced by the cells, participating directly in the neutralization of free radicals and reactive oxygen compounds, as well as maintaining exogenous antioxidants such as vitamins C and E in their reduced (active) forms. [16][citation needed] * Regulation of the nitric oxide cycle, which is critical for life but can be problematic if unregulated [17] * Through direct conjugation, it detoxifies many xenobiotics (foreign compounds) and carcinogens, both organic and inorganic. This includes heavy metals such as mercury, lead, and arsenic. [citation needed] * It is essential for the immune system to exert its full potential, e. g. , (1) modulating antigen presentation to lymphocytes, thereby influencing cytokine production and type of response (cellular or humoral) that develops, (2) enhancing proliferation of lymphocytes, thereby increasing magnitude of response, (3) enhancing killing activity of cytotoxic T cells and NK cells, and (4) regulating apoptosis, thereby maintaining control of the immune response. citation needed] * It plays a fundamental role in numerous metabolic and biochemical reactions such as DNA synthesis and repair, protein synthesis, prostaglandin synthesis, amino acid transport, and enzyme activation. Thus, every system in the body can be affected by the state of the glutathione system, especially the immune system, the nervous system, the gastrointestinal system and the lungs. [4] Function in animals GSH is known as a substrate in both conjugation reactions and reduction reactions, catalyzed by glutathione S-transferase enzymes in cytosol, microsomes, and mitochondria. However, it is also capable of participating in non-enzymatic conjugation with some chemicals. In the case of N-acetyl-p-benzoquinone imine (NAPQI), the reactive cytochrome P450-reactive metabolite formed by paracetamol (or acetaminophen as it is known in the US), that becomes toxic when GSH is depleted by an overdose of acetaminophen, Glutathione is an essential antidote to overdose. Glutathione conjugates to NAPQI and helps to detoxify it. In this capacity, it protects cellular protein thiol groups, which would otherwise become covalently modified; when all GSH has been spent, NAPQI begins to react with the cellular proteins, killing the cells in the process. The preferred treatment for an overdose of this painkiller is the administration (usually in atomized form) of N-acetyl-L-cysteine (often as a trademarked preparation called Mucomyst ® [1]), which is processed by cells to L-cysteine and used in the de novo synthesis of GSH. Glutathione (GSH) participates in leukotriene synthesis and is a cofactor for the enzyme glutathione peroxidase. It is also important as a hydrophilic molecule that is added to lipophilic toxins and waste in the liver during biotransformation before they can become part of the bile. Glutathione is also needed for the detoxification of methylglyoxal, a toxin produced as a by-product of metabolism. This detoxification reaction is carried out by the glyoxalase system. Glyoxalase I (EC 4. 4. 1. ) catalyzes the conversion of methylglyoxal and reduced glutathione to S-D-lactoyl-glutathione. Glyoxalase II (EC 3. 1. 2. 6) catalyzes the hydrolysis of S-D-lactoyl-glutathione to glutathione and D-lactic acid. Glutathione has recently been used as an inhibitor of melanin in the cosmetics industry. In countries like Japan and the Philippines, this product is sold as a whitening soap. Glutathione competitively inhibits melanin synthesis in the reaction of tyrosinase and L-DOPA by interrupting L-DO PA's ability to bind to tyrosinase during melanin synthesis. The inhibition of melanin synthesis was reversed by increasing the concentration of L-DOPA, but not by increasing tyrosinase. Although the synthesized melanin was aggregated within 1 h, the aggregation was inhibited by the addition of glutathione. These results indicate that glutathione inhibits the synthesis and agglutination of melanin by interrupting the function of L-DOPA. â€Å"[18] Function in plants In plants, glutathione is crucial for biotic and abiotic stress management. It is a pivotal component of the glutathione-ascorbate cycle, a system that reduces poisonous hydrogen peroxide. 19] It is the precursor of phytochelatins, glutathione oligomeres that chelate heavy metals such as cadmium. [20] Glutathione is required for efficient defence against plant pathogens such as Pseudomonas syringae and Phytophthora brassicae. [21] APS reductase, an enzyme of the sulfur assimilation pathway uses glutathione as electron donor. Other enzymes using glutathione as substrate are glutare doxin, these small oxidoreductases are involved in flower development, salicylic acid and plant defence signalling. [22] [edit] Supplementation Raising GSH levels through direct supplementation of glutathione is difficult. Research suggests that glutathione taken orally is not well absorbed across the gastrointestinal tract. In a study of acute oral administration of a very large dose (3 grams) of oral glutathione, Witschi and coworkers found â€Å"it is not possible to increase circulating glutathione to a clinically beneficial extent by the oral administration of a single dose of 3 g of glutathione. â€Å"[23][24] Vitamin D increases glutathione levels in the brain and appears to be a catalyst for glutathione production. 25] The amount of activated vitamin D in the brain is tied to how much vitamin D3 one has, either ingested through supplements or created in the skin via sun exposure. This suggests taking vitamin D3 supplements and/or getting adequate sun exposure boosts glutathione production. In addition, plasma and liver GSH concentrations can be raised by administration of certain supplements that serve as GSH precu rsors. N-acetylcysteine, commonly referred to as NAC, is the most bioavailable precursor of glutathione. 26] Other supplements, including S-adenosylmethionine (SAMe)[27][28][29] and whey protein[30][31][32][33][34][35] have also been shown to increase glutathione content within the cell. NAC is available both as a drug and as a generic supplement. Alpha lipoic acid has also been shown to restore intracellular glutathione. [36][37] Melatonin has been shown to stimulate a related enzyme, glutathione peroxidase,[38] and silymarin, an extract of the seeds of the milk thistle plant (Silybum marianum) has also demonstrated an ability to replenish glutathione levels. [39][40] Glutathione is a tightly regulated intracellular constituent, and is limited in its production by negative feedback inhibition of its own synthesis through the enzyme gamma-glutamylcysteine synthetase, thus greatly minimizing any possibility of over dosage. Glutathione augmentation using precursors of glutathione synthesis or intravenous glutathione is a strategy developed to address states of glutathione deficiency, high oxidative stress, immune deficiency, and xenobiotic overload in which glutathione plays a part in the detoxification of the xenobiotic in question (especially through the hepatic route). Glutathione deficiency states include, but are not limited to, HIV/AIDS, chemical and infectious hepatitis, myalgic encephalomyelitis chronic fatigue syndrome ME / CFS,[41][42][43] prostate and other cancers, cataracts, Alzheimer's disease, Parkinson's disease, chronic obstructive pulmonary disease, asthma, radiation poisoning, malnutritive states, arduous physical stress, and aging, and has been associated with suboptimal immune response. Many clinical pathologies are associated with oxidative stress and are elaborated upon in numerous medical references. [4][44][45] Low glutathione is also strongly implicated in wasting and negative nitrogen balance,[46] as seen in cancer, AIDS, sepsis, trauma, burns and even athletic overtraining. Glutathione supplementation can oppose this process, and in AIDS, for example, result in improved survival rates. [47] However, studies in many of these conditions have not been able to differentiate between low glutathione as a result of acutely (as in septic patients) or chronically (as in HIV) increased oxidative stress, and increased pathology as a result of preexisting deficiencies. Schizophrenia and bipolar disorder are associated with lowered glutathione. Accruing data suggest that oxidative stress may be a factor underlying the pathophysiology of bipolar disorder (BD), major depressive disorder (MDD), and schizophrenia (SCZ). Glutathione (GSH) is the major free radical scavenger in the brain. [48] Diminished GSH levels elevate cellular vulnerability towards oxidative stress; characterized by accumulating reactive oxygen species. Replenishment of glutathione using N-acetyl cysteine has been shown to reduce symptoms of both disorders. citation needed] Cancer Preliminary results indicate glutathione changes the level of reactive oxygen species in isolated cells grown in a laboratory,[49][50] which may reduce cancer development. [51] [52] None of these tests were performed in humans. However, once a cancer has already developed, by conferring resistance to a number of chemotherapeutic drugs, elevated levels of glutathione in tumor cells are able to protect cancer ous cells in bone marrow, breast, colon, larynx, and lung cancers. 53] [edit] Pathology Excess glutamate at synapses, which may be released in conditions such as traumatic brain injury, can prevent the uptake of cysteine, a necessary building-block of glutathione. Without the protection from oxidative injury afforded by glutathione, cells may be damaged or killed. [54] Methods to determine glutathione Reduced glutathione may be visualized using Ellman's reagent or bimane derivates such as monobromobimane. The monobromobimane method is more sensitive. In this procedure, cells are lysed and thiols extracted using a HCl buffer. The thiols are then reduced with dithiothreitol (DTT) and labelled by monobromobimane. Monobromobimane becomes fluorescent after binding to GSH. The thiols are then separated by HPLC and the fluorescence quantified with a fluorescence detector. Bimane may also be used to quantify glutathione in vivo. The quantification is done by confocal laser scanning microscopy after application of the dye to living cells. 55] Another approach, which allows to measure the glutathione redox potential at a high spatial and temporal resolution in living cells is based on redox imaging using the redox-sensitive green fluorescent protein (roGFP)[56] or redox sensitive yellow fluorescent protein. . When we speak of glutathione, what will really come to mind is that glutathione which most Filipino thought of as a whitening agent. It comes in soaps and any other beauty products which hopefully will make one whiter and fairer when used. But what we really don’t know is that glutathione is found in each of three trillion cells in our body. It is the most powerful an antioxidant which we cannot find in a fruit or in a berry a common but it is found in our body. In fact its absence will make one die. In my first blog I ‘ve told you about the glutathione story. Now I’m going to tell you what glutathione really is and its role to our over all well being. So what is glutathione really: Glutathione is a tripeptide, What is glutathione?

Tuesday, August 13, 2019

The Carribiean Nations - Focusing on Haiti Essay

The Carribiean Nations - Focusing on Haiti - Essay Example To put it simply, the history of the European colonization in the Caribbean tends to be a saga of economic exploitation and repression. There is no denying the fact that the dynamics of the agricultural dependency of the Caribbean is closely linked to the colonization of the Caribbean by the Europeans. The Europeans to a great extent reconfigured the financial potential of the Caribbean by introducing the plantation system (Parry, Sherlock & Maingot 18). It goes without saying that the human dynamics introduced in these plantations by the Europeans also to a great extent shaped the dynamics of the social hierarchy in the Caribbean. The arrival of the Europeans in the Caribbean and the shaping of the socio-economic landscape of the Caribbean by them through conquests and invasions to a large extent diluted the essentially cohesive world of the indigenous people of the Caribbean. Before the European colonization, the Caribbean predominantly happened to be a secluded place on the globe, being home to a simple, but rich and multifaceted civilization, to a large extent insulated from the machinations rampant in the outside world. However, the advent of the Europeans in the Caribbean exposed the indigenous civilization and people to the outer world, thereby making them subservient to the trends gushing in from Europe, America and Africa. As the tentacles of the European colonization began to expand their span in the Caribbean to plunder the native wealth of the region, they also brought in their wake a system of social hierarchy that assigned a specific place and scope to an individual on the basis of one’s race and position in a well entrenched system of economic exploitation (Parry, Sherlock & Maingot 122). As it is known that with the advent of the Europeans there unfolded an era marked by a sharp decline in the indigenous population, on most of the islands comprising the Caribbean, this indeed created a problem for the European settlers, who were perpetual ly looking for viable sources of affordable and docile labor, so as to optimally exploit the natural resources inherent in the region (Parry, Sherlock & Maingot 17). The solution that the Europeans contrived for this death of local labor eventually translated into the import of slaves from Africa (Parry, Sherlock & Maingot 17). There is no denying the fact that the advent of first the Europeans and then the Africans in the Caribbean, wrought out an utter transformation of the societies of the Caribbean. To begin with, the Caribbean people ended up being victims to a hoard of deathly and debilitating diseases and epidemics like measles, dysentery, malaria and smallpox, introduced to these hitherto isolated lands by the Europeans and the Africans who arrived as slaves (Parry, Sherlock & Maingot 10). The social and political norms and organizations of the indigenous people were reinvented and restructured in the name of spreading the good news. Christianity emerged as the single most p otent shaping influence in the socio-political framework of this part of the world (Parry, Sherlock & Maingot 130). The simple lives of the native people and the imported African slaves were stringently regimented by slavery, plantation culture and other institutions introduced by the Europeans, whose intentions were primarily commercial and profit oriented in their approach. (Parry, Sherlock

Isetan Company Essay Example | Topics and Well Written Essays - 1250 words

Isetan Company - Essay Example Isetan Company I did my internship for 3 months at the buying office of Isetan in New York branch. It is located in the 40th street of Madison Avenue. I did the position of manager’s assistant and my main responsibilities were to research new American brands for Japanese buyers and to organize all schedule for fashion collections. This paper is written as the strategic analysis of Isetan, based on both internal and external business environments (SWOT and PEST analysis) The major strength of Isetan is its wide product range. Products like ladies wear, ladies accessories, bags and shoes, ladies cosmetics, and fragrances, watch, jewellery, babies/children wear, household/ interior goods, mean’s wear, men’s accessories, shoes, Men’s grooming, sports accessories etc are some of the products of Isetan. Isetan has products which can satisfy all the people irrespective of their age or gender and hence a family can depend Isetan for its complete purchasing needs. Another strength of Isetan is the research and development department. This department constantly monitoring the fashion trends all over the world and they were able to produce high quality fashion goods based on the changing needs of the customers. In other words, Isetan was able to foresee the trends in fashion and they were able to adapt themselves based on that. They never rely entirely on one kind of product for their business. Children, adults and old people, all are dealt with equal importance and hence all the customers who visit Isetan department stores will return with utmost satisfaction.

Monday, August 12, 2019

ARE TAX CUTS GOOD FOR AMERICA Essay Example | Topics and Well Written Essays - 2500 words

ARE TAX CUTS GOOD FOR AMERICA - Essay Example For many years, the current tax collection programs have been very successful, as where the national budget has presented surplus instead of deficit. In order to obtain a better understanding, it is recommended to begin an analysis where the basic concepts regarding taxes are stated. According to Wikipedia â€Å"tax is a financial charge or other levy imposed on an individual or a legal entity, by a state.† (Tax, Wikipedia.org) In the case of the United States, the state is represented by the government, either federal and/or local. Nowadays, the taxation is paid in money; however, there have been cases where it is paid with labor. Taxation is not a donation, nor a voluntary payment, it is rather an imposed one or, better yet, an enforced contribution, where agencies such as Internal Revenue Services are in charge of collecting them. When taxes are not paid, either fully or partially civil and even criminal penalties are imposed upon the non paying individual or entities. In many situations the Internal Revenue Services has permitted the payer to initiate a payment program, without further penalties. (Tax, Wikipedia.org) The purpose of collecting taxes varies from state to state and even from city to city. In any case the government is allowed to use them, either for war, protection of property, law enforcement, etc. and most important of all, the operation of the government itself. In the United States, the government also uses the funds collected during the taxation process, for welfare and public services. Those services may include unemployment benefits, education systems, health care systems, pensions, and even public transportation. There exist more programs created to assist the citizens and the people with lower incomes. As it has been mentioned before, the different programs vary from one state to the other, or they are held constants, depending on the program, throughout the nation. (Tax,

Sunday, August 11, 2019

Barbie and Mattel Corporation Term Paper Example | Topics and Well Written Essays - 500 words

Barbie and Mattel Corporation - Term Paper Example Creating a brand name serves as the best way to achieve this objective. This was the main story behind the success of Barbie in Mattel Corporation. Handler and Elliot modeled a success story by taking a different approach in that designing and modeling Barbie differently from other dolls in the market, which are susceptible to fashion and fickleness. Since customers are aware of an existing similar brand in the market, they are more likely to be more attached to a brand extension that provides better utility as compared to a new product (Arslan & Altuona, 2010). The success behind Barbie was that while other dolls were modeled on the prospect of being tender and dependent , Mattel developed a completely different approach of the same dolls by making Barbie to appear independent and having an elaborated adult figure that portrayed compete femininity that many girls of different ages were attracted to or tried to emulate. This was better enhanced by providing Barbie with different hair styles, mood expressions and different expressions of careers. Barbie according to these aspects became more than a doll in the lives of many young and middle age girls, in that Barbie had a different lovely expression to each age group. This was the story behind creating a brand name in dolls industry that made Barbie to become a lifestyle for many. Though Barbie was hardly a high tech product, it was through innovation that Mattel made the model to be a brand name in the market. The idea of innovativeness and extensions made the two to adopt a different approach that made the product a brand name in the market. An existing product can be created into a new product through brand extension that is much cheaper as compared to introducing a new product in the market (Arslan & Altuona, 2010). Largely brand extensions provide a better way to making brand recognition and image in venturing new markets (Aaker & Keller, 1990).Â