Trace the role of the presidency from about 1865 to about 1940. Did it Essay

Trace the role of the presidency from about 1865 to about 1940. Did it serve the purpose that the framers of the Constitution expected it to serve - Essay Example The Constitution sets forth the president’s roles as the following: After careful consideration of the president’s roles and functions set forth in the Constitution and the history record during 1865 to 1940 I conclude yes. I believe the role of the presidency was fulfilled as the forefathers of the Constitution intended for the following reasons encompassed in the discussion. Scarcely had Washington been inaugurated when an extra constitutional attribute of the presidency became apparent. (Ayers, Gould, Oshinsky and Soderlund. 2004) Essentially, the presidency is dual in character and that must be taken into consideration when considering the time periods of the presidency that are being discussed. is another important point that needs to be considered. The reason is that it sets the background and establishes the attitudes of the framers of the Constitution. This significant point is that through centuries of constitutional turmoil and struggle between the crown and Parliament, England had divided the two offices. When they did this they separated the power as well. They gave the prime minister the role of running the government and leaving the formal and ceremonial responsibilities of leadership to the monarch. This is significant to the discussion for several reasons. After this took place in history the mindset of Americans was one where they admired and even worshipped Washington as a president. This is important because this attitude towards Washington, although during a time prior to that encompassed in our discussion, set the standard for future attitudes and conceptions of the presidency. Washington performed his role cleverly. He fulfilled his role as president striking a balance between â€Å"too free an intercourse and too much familiarity,† which would reduce the dignity of the office, and â€Å"an ostentatious show† of

Investment That is to Develop New Products Essay

Investment That is to Develop New Products - Essay Example The development of new product is of course risky, time consuming as well as expensive. Firms need to produce dozen of ideas regarding new products where only one idea might result in successful product. The failure rate of new product is much higher than the success rate, as high as 80% and the reason for failure are numerous, like inadequate market survey, poor screening, market orientation, product defects, and some inadequate launching effort (Boone & Kurtz, p.398). Due to high investment which is needed to produce the products and various other steps needed to take care of by the manufacturers to ensure success of the new product, most of the firms think that new product development is not worth huge investment because of the rate of failure, and believes that it is much more feasible and easier to copy the market leaders product. Market leader are referred to as those organization which poses the largest market share in a particular market and the market followers are those org anizations which imitates the top market leaders but at the same time do not upsets the ongoing balance with respect to the competitive power of the respective industry. These market followers prefer to avoid the direct attack and reap the product benefits of innovations which are made by the leaders of the respective market through imitations. To imitate the market leader and avoid making huge investment, the market followers adopt four major approaches, Counterfeiter strategy is adopted by the market followers when they aim to duplicate the products of market leaders and packaging style and therefore sell in the black market. The strategy of counterfeiter has plagued brands like Apple and Rolex mostly in Asia. Secondly, cloner strategy is being used to emulate the market leader’s product name and packaging one such example of cloner is Ralcorp Holdings which sells off imitation of brand cereals in lookalike containers at a much lower price. Thirdly, the market followers ado pt imitator strategy where some features are copied from the market leader while retaining few features of its own. The last strategy used by market followers is the adapter strategy which involves adoption of owns product as that of market leader and sells the product into different market. S&S Cycle supplies engine to the firms which builds bikes like Harley. The company buys, every year Harley Davidson and takes off the engine apart and finds out what to be improved. The followers earn or make profit at a lower rate than the market leaders. One such example s the food processing industry which revealed that only the top two companies were profitable (Kotler, p. 194). Among the mobile phone manufacturer, Philips a well known European brand also fall under the category of market followers. There are other Asian companies which operate on the European mobile market such as Sharp, Haier, Pantech, NEC, Innostream and Sanyo (Anonym, p. 15). Market followers is the runner up organizatio ns in the industry whose major intentions are to hold the market share without investing and also providing challenges to its strong competitors. But however this does not mean that the market followers lack any kind of strategies in fact it is believe of the followers that it is much more advantageous to remain follower and pursue the ‘me too strategy’ rather than being the market leader. The strategy to remain market follower is believed to be effective because the