Strategic management Essay Example | Topics and Well Written Essays - 1750 words

Strategic management - Essay Example Income has increased especially in the higher social classes. Due to this, the luxury good market has witnessed a rapid global expansion. In 2009, the luxury market recorded an incredible expansion that amounts to $229 billion (Choo and Yoon 81). Louis Vuitton Malletier, commonly known as Louis Vuitton (LV), is a fashion house based in France and founded by Louis Vuitton. It is the leading luxury brand in the world. It belongs to LVMH Group which possesses a portfolio of more than sixty prestigious brands. The Group works in various sectors such as fashion and leather, wines and spirit, cosmetics and perfumes, watches and jewellery and other selective retail segments (LVMH, â€Å"LVMH GROUP†). Louis Vuitton originally started its business as a trunk maker and gradually became the legend by creating innovative bags, luggage and accessories that were practical, elegant and redefined the art of travel (LVMH, â€Å"Fashion & Leather Goods†). ... In this context the group aims to fulfil the following mission that is reflected through the five priorities defined by the fundamental values shared by the group stakeholders (LVMH, â€Å"Group Mission and Values†). Innovative and Creative The company grows and nurtures its creative resources. The secret behind their long-term success is deeply rooted in the amalgamation of technological innovation and artistic creation. Creation has been its main motto and will remain so forever (LVMH, â€Å"Group Mission and Values†). Product Excellence The company pays careful attention towards their products to ensure that the products are created with utter perfection. They denote perfection and aristocracy in the traditional craftsmanship. Each and every item that the customer buys and uses, speaks about the tradition of the brand and all products aim towards impeccable quality (LVMH, â€Å"Group Mission and Values†). Passionate Determination The company enjoys an extraord inary reputation. This reputation would not have been sustained if it were not supported by exceptional quality of their products and creative superiority. Without this aura Louis Vuitton would not have been Louis Vuitton. The company established a rigorous control over every smaller detail of the product in order to retain their brand image (LVMH, â€Å"Group Mission and Values†). Act As a Tycoon Louis Vuitton follows a decentralized organizational structure that nurtures creativity, productivity and efficiency. This type of organizational structure provides a high level of motivation and dynamics to the employees. It always encourages initiative taken by the individuals, and also offers real

Ethnics in the media Essay Example | Topics and Well Written Essays - 2000 words

Ethnics in the media - Essay Example Moreover, these internal conflicts had become very severe over a period of seventeen years (National Union of Somali Journalists (NUSOJ)). The Somali journalists were subjected to violent attacks constantly, and the perpetrators of such violence were granted immunity. In fact, none of the perpetrators of crime against journalists had been prosecuted in Somaliland. There were several persons who had perpetrated attacks against journalists and media persons. They included officials of the Transitional Federal Government, rebel leaders, the opposition and gangsters. All these entities invented novel methods of violence to suppress the media and to prevent news coverage by journalists. They had cautioned the press and asked it to refrain from publishing or broadcasting information and policies (National Union of Somali Journalists (NUSOJ)). Journalists had to work in a very dangerous and hostile environment. They were abused in several ways, and directed to abstain from exposing the facts to the public. The Transitional Federal Government had imposed various restrictions on the freedom of press and the electronic media in the capital city. The Somaliland government had closed down five private radio stations that were based in the capital city. Furthermore, the Regional Administration of Banadir had enacted restrictive laws, which aimed at curbing the freedom of press and media (National Union of Somali Journalists (NUSOJ)). There were several incidents, wherein the police had conducted illegal raids on the offices of newspapers in Somaliland. In one particular incident, the police and officials from the Criminal Investigation Department raided the offices of the Haatuf Daily Newspaper, based in Hargeisa. After this raid, they took Yusuf Abdi Gabobe, Director of Haatuf Media Network into custody, along with several other journalists. The police and CID officials also arrested Ali Abdi Dini, Editor-in-Chief of Haatuf Daily Newspaper and its treasurer,