Saturday, October 5, 2019

Analysis Essay Example | Topics and Well Written Essays - 250 words - 4

Analysis - Essay Example On the section on project information, we are able to glean several insights. One is that the majority of projects being worked on are commercial projects. Two is that in terms of roles, the project management supervisors hold sway with regard to who gets what roles. Many of the projects are client-initiated, even as a sizable percentage is likewise initiated by government. Excel is a widely-used software tool. A minority makes use of no software at all, while a large number makes use of checklists. These latter findings have implications on where Redstone can improve in terms of the tools used in project management. The section on project pitfalls provides insights into the many different challenges that go with project management at Redstone. One is that which pertains to post project assessments, where a majority reports that those are done, even as a relatively minor percentage either reports the report assessment results to superiors or review the assessments made. This finding has implications for how well future projects can be managed, learning from the experience of past projects and being able to document and discuss those learnings via post project

Friday, October 4, 2019

British Airways and its predecessor companies Essay

British Airways and its predecessor companies - Essay Example Two other airlines, Handley page, and Instone, were established using modified bombers. The three companies underwent a period of great difficulty, especially competition from French airlines, which were cheaper. To solve these problems, they merged to be joined later by British Marine Air Navigation, forming Imperial Airways. Imperial Airways began local and overseas flights immediately, flying as far as Egypt and India with a crew of 250 and a fleet of 18 crafts (Gaskell, 2010). This paper is an essay on British Airways. Later, Imperial Airways was a Brisbane, Australia route, whose duration would take grueling 12 days. The new airline added new planes such as the short S.23 C-class model, which signified that the airline was growing, as was a new carrier British Airways limited (Gaskell, 2010). After the start of the 1st World War, these two merged to form British Overseas Airways Corporation, which re-started its transatlantic flights after the war ended. In addition, they create d the BEA, a new airline to handle the European flights. At this point, the carriers needed to order new and more efficient aircraft. BOAC consequently ordered the Boeing Strato-cruiser, the Lockheed Constellation, and a Rolls-Royce engine equipped version of the DC-4. It did not take long before they ordered a jet plane, the De Havilland Comet, which dramatically reduced the length of trans-Atlantic flights (Marriott, 2010). The early 60’s saw BOAC order the Rolls-Royce Conway engine driven 707-436 to tide over until the VC-10s were ready. By 1970, with the first 747 and rapid growth, BOAC and BAL were ready to merge and work as one, establishing British Airways in 1976. BA’s most crucial year was 1976; it had a partnership with Concorde, coupled with big fleets of Lockheed TriStar and Boeing 747.

Thursday, October 3, 2019

The Red Room Essay Example for Free

The Red Room Essay The story ‘The Red Room’ is written by H. G. Wells in 1896. The story is written in first person narrative the narrator is the 28 year old male who is very arrogant and boastful about never seeing a ghost. The story is being told by the main male character. The Red Room is based in a suspected haunted house called Lorraine Castle. The character is in Lorraine castle because he has been told it is haunted so is there to investigate if there are actually ghosts in the castle as he has been told there is. During the story the only thing that haunts him is his own fear and imagination. The man says â€Å"in all its nakedness fear that will not have light nor sound, that will not bear with reason, that deafens and darkens and overwhelms† this is saying that he wasn’t scared by anything but the fear of being haunted by something. After his experiences in the red room he concludes that the castle is not haunted by the ghost of earl nor the ghost of countess. The other characters in the story are the old people, this includes an old woman and two old men. The old woman is a very wise woman who lives in the house she has very pale eyes wide open which see gaze into the fire, she chooses the ignore the second old mans comments. The first old man has a withered arm and is wrinkled in the face, he dislikes the second old man as well. Then there is the last of the old people, the second old man. He walks with a crutch and is very wrinkled and old, the description we get of this old man in the story is â€Å"He supported himself by a single crutch, his eyes were covered by a shade, and his lower lip, half averted, hung pale and pink from his decaying yellow teeth†. He also has a nasty cough. The old people talk to the man like they have experience seeing the ghosts themselves repeating â€Å"its your own choosing† meaning whatever happens to him in the red room will be a consequence of his actions in that room. Although the old woman is a very wise woman she says â€Å"this night of all nights! † maybe she is referring to an event happening that same night years ago like the death of the countess after her husband played a joke on her â€Å"the tale of a timid wife and the tragic end that came to her husband‘s jest of frightening herâ€Å". The man says ‘I half suspected the old people were trying to enhance the spiritual terror of their house by their droning insistence’. here he is referring to how the old people make him feel, he also suspects the old people of making more of the ghosts. Lorraine castle is a very big dark place with shadows overlooking every move you make. One of the old men gives the young man a list of directions to get to the red room this is showing that the castle is big. The rooms are big and decorated with â€Å"deep-toned, old fashioned† furniture, the young man suspects a statue of a Ganymede and an Eagle is â€Å"someone crouching to waylay† him. The long, chilly and dusty corridors lead to the spiralling staircase which takes you to the red room, the most haunted room in the house. The doors are covered with baize making these room look forbidden . The castle is lit up by candles and the moonlight which shines through the big windows. The red room is a very shadowy place coloured red and black with big bay windows. The candles and fire flicker with the draught coming in from the windows barely lighting up the room, rescuing it from the shadows that haunt the room â€Å"had that indefinable quality of a presence, that odd suggestion of a lurking, living thingâ€Å". The young man is very threatened by the darkness of the castle. â€Å"Tonight of all nights† that night could resemble the death of the young countess after her encounter with her husband. The fear of getting haunted by something got to much for the young man, making him go a bit crazy. Running back and forth to keep the room light relighting the candles that get blown out by the draught coming from both the young man running and the windows. He was so afraid of being haunted by the shadows â€Å"the shadows I feared and fought against returned, and crept in upon meâ€Å". When all the candles are fading out the man panics to get out of the red room quick, he ends up injuring himself on all the furniture ‘a vague memory of battering myself thus, to and fro in the darkness’. Eventually he knocks himself out â€Å"a horrible sensation of falling that lasted an age, of my last frantic effort to keep my footing, and then I remember no moreâ€Å". When he wakes up, he is found my the old man with a withered arm, not being able to remember who he is ‘I seen to remember you, and yet I cannot remember who you are’. The man soon recovers his memory and is able to tell the old man about his experience in the red room. The young mans character changed dramatically during the story, he went from being over confident, arrogant not believing in ghosts to somebody that is absolutely terrified at the thought of being haunted and seeing a ghost. When the man tells the others that the room â€Å"is haunted† it seems like he is going to carry on and admit that the room is haunted, going back on what he said at the beginning of the story but he doesn’t, he builds up the tension â€Å"there is neither ghost of earl nor ghost of countess in that room, there is no ghost there at all; but worse, far worse-† and then tells them that the room is haunted by fear. So we don’t know what actually happened to the narrator in the red room, was he imagining it or was there actually a ghost?. My opinion on the effectiveness of the text as a ghost story is that it is not actually a ghost story, there isn’t a ghost that haunts the young man, it is fear. It is a classic scary story with darkness and fear lurking around, not knowing what is going to happen. Fear is uncontrollable, maybe it was fear that killed the young duke sending in flying down the stairs, just like it nearly killed the young man. Making him lose all his senses and go mad but he fought it and got out alive. Fear will always be there â€Å"you can feel it even I the daytime, even of a bright summers day, in the hangings, in the curtains, keeping behind you however you face about it† â€Å" there is Fear in that room of hersblack Fear, and there will beso long as this house of sin endures†. Fear will be there until the house is destroyed.

Bottled Water Preferences Analysis

Bottled Water Preferences Analysis Preface â€Å"Leaders arent born, they are made. And they are made just like anything else, through hard work. And thats the price well have to pay to achieve that goal, or any goal† Vincent Lombardi All the knowledge learning and procedures are useless without observations and practical experience. The purpose of this research is to acquaint the business graduate with empirical business practices. As a requirement for Bachelors Degree in Business Administration, I opted to conduct my research on â€Å"Consumer Preferences of Bottled water†, to fulfill my degree requirement. The reason for choosing bottled water was to get practical knowledge about consumer behaviour, so as to provide myself an opportunity to cope with the real life situation. This research covers the aspect about consumers preferences regarding usage of a certain brand of bottled water. The research focuses on the fact that why a consumer uses a specific brand of bottled water. Is it taste, health consciousness, fashion or any other aesthetic factor that makes a consumers use a specific brand of bottled water. The main idea for this research came from the observation, that why a consumer is using only a specific brand of bottled water, regardless of the fact that all the bottled water brands are providing â€Å"pure and clean† water. I felt that the knowledge that I have gained through this experience is an excellent way to think analytically for finding solutions to problems of day-to-day life. The study of consumer behavior and their preferences itself is a massive study comprising of different factors involved. It is impossible to study each one in detail and include everything in the report. However, I studied the consumer behaviour from preferences point of view. I am thankful to all my colleagues and higher ups for their valuable guidance in preparing this report in a presentable fashion. I am also thankful to my parents, teachers and all my friends for their cooperation. â€Å"MEASURING CONSUMER PREFERENCES FOR BOTTLED DRINKING WATER† CHAPTER 01: INTRODUCTION 1.1 Background of the study: Bottled water consumption has been steadily growing in the world for the past 30 years. It is the most dynamic sector of all the food and beverage industry: bottled water consumption in the world increases by an average 7% each year, in spite of its excessively high price compared to tap water and although industrialized countries consumers have, in principle, access to cheap good quality tap water. Bottled water is often an alternative to tap water. Consumers often object to the taste of chemicals, particularly chlorine, used to purify tap water. In France, nearly half of them dont usually drink tap water because of its bad taste (IFEN, 2000), as opposed to only 7% in United States (Olson, 1999). Consumers also drink bottled water because they care for their health. In Europe, there is a long tradition, dating back to Roman times, of spas and of drinking mineral waters for medical purposes. In the 19th century, this activity developed with the fashion for upper classes to go to spas in order to improve their health. Spas owners werent long in understanding that they could increase the wellness of their customers and their own benefits â‚ ¬Ã‚  directly supplying them their water in bottles. Until the 1950s, mineral water was sold in drugstores as a health product. It has now become an everyday product. Natural mineral water, now sold in supermarket, doesnt carry along anymore this medical image. People now buy bottled water to feel well, responding to advertising campaigns based on well-being, energy, slimming, fitness etc. Bottled water is a healthy alternative to other beverages. It is calorie-free and attractive for people willing to lose weight: â€Å"one of the sparks that ignited the bottled water fire was the fitness craze that skyrocketed in the early 1980† (Sullivan, 1996). Increasing urbanization can also explain this trend for bottled water consumption. In Increasing standards of living and greater use of cars enabled people to buy water in supermarkets and to bring home higher number of bottled water, without difficulty. The use of plastic makes bottles lighter and easier to carry than when they were made of glass. The expansion of shopping centers, outside city-centers, provides consumers with a greater choice in bottled water brands. The explosion of bottled water consumption also reflects deep changes in working habits in industrialized countries, with the decline of the agriculture and industry sectors. In these countries, most people have office works and the bottle of water is now a common element on a desk, next to the computer and the telephone. Drinking expensive bottled water (compared to tap water) is a sign of a rise in the social scale. In addition, bottled water is the result of a huge marketing success. The bottled water market in Pakistan is witnessing annual growth rates nearing 40 percent. Bottled water in Pakistan is not considered a ‘beverage. Beverage processing includes carbonated soft drinks where Pakistan has the lowest per capita consumption in the world, fruit juices, syrups and juice flavoured drinks. Drinking water and also bottled water is not considered an important commodity either. The Government of Pakistan described the market for bottled water, with 33 million liters of consumption per annum in 1999, as small but growing. It furthermore estimated the consumption for 2003, as 70 million liters or 0.5 liters per capita. The bottled water market in Pakistan has witnessed annual growth rates of 40 percent, and after the introduction of Nestlà ©s ‘Pure Life, it had the fastest worldwide growth in bottled water in 2000, at 140%. Recent s estimate a yearly consumption of about 2 liters per person bottled water. Bottled water is not a solution to inadequate water supplies as it is simply not affordable for poor people who lack access to water. A bottled water culture which turns drinking water into a status symbol is not justifiable from the human rights perspective. The Pakistan government is obliged to adopt measures to provide access to safe and sufficient water supplies even if that means restraining corporations from turning water into a status symbol to make profits, or from polluting or extracting already depleting groundwater resources. 1.2 Purpose of the Study: This report/study is meant to: Understand what factors are influencing the consumer preferences to make them purchase different brands of bottled water. Identifying that what are the factors which affect the purchase of a specific bottled water brand. 1.3 Research Questions: 1. What do people expect from their water utility in the context of drinking water services? 2. What are consumers priorities? 3. What do customers consider acceptable in terms of the product and the service they receive? 4. What are they willing to accept for the current price they pay? 5. Why do people prefer to use a specific bottled water brand in terms of their priorities? 1.4 Scope of the Work: Scope of this report is limited to businessmen, professionals and students of Peshawar and Islamabad who are well users of bottled water. 1.5 Limitations of the Study: Expected limitations of this research can be: * Unavailability or Lack of data * Response from people * Limited time * Resource constraint 1.6 Research Methodology: The methodologies used for the research are as follows: 1.6.1.: Sample Unit: The respondents selected were belonging to different social backgrounds and different professions. 1.6.2: Sample Population: The study was conducted in Peshawar and Islamabad only. 1.6.3: Sample Size: A total sample size of 100 respondents was fixed for the research. 1.6.4: Sampling Procedure: Because of the limitations, convenient sampling has been selected, as the name implies, the sample is selected because they are convenient. This non probability method is often used during preliminary research efforts to get a gross estimate of the results, without incurring the cost or time required to select a random sample. The sampling was on the basis of Judgemental Sampling i.e. Non-Probability Sampling Method was used. 1.6.2: DATA COLLECTION: Both primary and secondary methods of data collection are used in the study. 1.6.2.1: Primary Data: The data-collecting tool for primary data was the questionnaire. The questionnaires were compromised of questions about personal preferences of the respondents along with questions on the subject of study. The questions used likert scale and category scale. This enabled the respondents to answer questions by marking most suitable answers. 1.6.2.2: Secondary Data: The most important source of secondary data for the study was articles from different websites and previous researches done on internet. Also different books and some related articles in different magazines and journal of marketing served as a source of secondary data. 1.7 Scheme of the Report: The report will comprise of following sections: Chapter 01: Introduction Chapter 02: Literature Review Chapter 03: Consumer Trust, Confidence and Customer Preferences for Drinking Water Chapter 04: Analysis and Findings Chapter 05: Conclusion and Recommendations CHAPTER 02: LITERATURE REVIEW 2.1 Introduction The global water shortage of affordable and safe drinking water is manifested in Pakistan with an estimated 44 percent of the population without access to safe drinking water. In rural areas, up to 90 percent of the population may lack such access. As one indication of the magnitude of the problem, it is estimated that 200,000 children in Pakistan die every year due to diarrhoeal diseases alone (UN Systems in Pakistan, 2003). Drinking bottled water reflects not just a certain way of life in the rich North but a necessity and the only option for safe water in the South. Beside official s, there should be no doubt that the majority of the Pakistans population is exposed to the hazard of drinking unsafe and polluted water. In an effort to improve this situation, many consumers in Pakistan have to turn to bottled water as a first alternative to drinking unfiltered tap water or contaminated water of other sources where no public drinking water service exists (GOP, Pakistan Environment Pro tection Agency, 2003). However, bottled water is a very expensive alternative and not always healthy because of infrequent testing for contaminants and sporadic inspection of processing plants. Bottled water should not be considered as a substitute to a sufficient service with drinkable tap water, but it is due to lack of access to water services or to bad quality of available resources (WHO, 2000). Bottled water consumption has been steadily growing in the world for the past 30 years. It is considered as one of the most dynamic sectors of all the food and beverage industry, where consumption in the world increases by an average 12% each year, in spite of its excessively high price compared to tap water (UNESCO, 2003). Bottled water consumption has been steadily growing in the world for the past 30 years. It is the most dynamic sector of all the food and beverage industry: bottled water consumption in the world increases by an average 7% each year, in spite of its excessively high price compared to tap water and although industrialized countries consumers have, in principle, access to cheap good quality tap water. This research report aims to provide background information on bottled water, the use of bottled water in order to understand the reasons of a trend that goes beyond a simple fashion and turns to be a real social phenomenon. It will first identify existing types of bottled water: although they seem very much alike, bottles of water dont contain the same product. The increase in bottled water consumption has boosted the bottled water industry and market trends show very promising perspectives for the future. This report will then identify the major reasons why consumers choose to buy speci fic expensive bottled water rather than drink tap water. It will finally analyze the impact this industry has on the environment. 2.2 Water Global Trends and Pakistans Struggle Water is essential for human beings to survive and develop. At the same time, water is a scarce good, and shortage sometimes results in crises. Both facts lead to the simple conclusion that lack of water hinders development and a dignified life. This can be assessed from global trends, as well as from Pakistans national and local struggles for better access for people to safe and sufficient drinking water. 2.3 Water A Global but Scarce Good According to s published by the United Nations, subsidiary organizations and other international organizations, 1.1bn people are without a sufficient access to water, and 2.4bn people have to live without adequate sanitation. Under current trends, the prognosis is that about 3bn people of a population of 8.5bn will suffer from water shortage by 2025. 83% of them will live in developing countries, mostly in rural areas where even today sometimes only 20% of the population have access to a sufficient water supply (Guissà ©, El Hadji, 2004). This actual lack of water is opposed to the theoretical conclusion that there is enough ground water existing in all regions of the world to guarantee an adequate water supply for all people. According to international law, in the case of concurring water users, the socio-economic priorities have to rest on human development and social interests of the people (UN, 1997). However, only 6% of global freshwater is used by households, while 20% is util ized industry and another 70% by agriculture. The conclusion drawn from these framework conditions is that water shortage and the unequal distribution of water are global problems rather than regional problems that require international solutions. Insufficient supply of drinking water is the main cause of diseases in developing countries. Already in 1997, the United Nations Commission on Sustainable Development concluded that 2.3bn people suffer from diseases rooted in insufficient water provision and quality (UN, 1997). More than five years later, it was estimated that 2.4bn people were suffering from water related diseases, and the World Health Organization reckons that 80% of all infections are traceable to poor water conditions. 5,483 people die daily of water caused diarrhoea 90 percent are children under five. Taking into account all water related diseases and deaths, international organizations estimated in 2001 that 2,213,000 people died because of inadequate water supply ten times more than the tsunami disaster caused in December 2004 (UNESCO, 2003). 2.4 Poverty and Access to Water in Pakistan It is acknowledged that lacking safe and sufficient drinking water as with other basic needs such as food, shelter and education is not a geographical but social problem. Being poor or rich is mainly decided by birth, and poverty perpetuates itself from generation to generation. Development strategies should be judged by their effort to break through this vicious cycle. Single indicators, such as literacy rates or households with access to water, are a litmus test for such an assessment. 2.4.1 Access to Water in Pakistan Pakistan is an Islamic Republic, whose aim is to enable its Muslim majority â€Å"to order their lives in the individual and collective spheres in accordance with the teachings and requirements of Islam as set out in the Holy Quran and Sunnah† (Constitution of the Islamic Republic of Pakistan, 1973). Water is recognized in Islamic teachings as a vital resource, of which everyone has the right to a fair share. Following the Hadith, it is reported that the Prophet Muhammad (PBUH) said: â€Å"Muslims have common share in three (things): grass, water and fire† (Abu-Dawood 3470). Furthermore, the Holy Quran warns human beings against unfair distribution of common goods and the majority of scholars agree that Islam forbids speculation, manipulation and unbalance profit with a common good such as water (Faruqui, Naser I, 2001). In 1995, UNDP counted Pakistan as country having among the highest water potential per person out of 130 countries that should dramatically improve its water situation to overcome the current crisis and prevent future ones (IRIN, 2001). Obviously, Pakistan failed to make any improvement. In 2003, the United Nations dropped Pakistans ranking, because its total renewable water resources per capita per year have been estimated as 114th out of 180 countries (UN, 2003). Only three percent of Pakistans sweet water resources are used for household purposes and drinking (GOP, Pakistan Ministry of Water and Power, 2002). Therefore the debate about access to water in Pakistan is dominated by irrigation disputes, mega-projects of dams and canals, and climate change. The focus is on water for agriculture rather than for people (UNDP, 2003). This production oriented perspective continues in the debate about groundwater use and extraction. It is estimated that surface water meets only 75-80 percent of crop water requirements. As a result, groundwater is merely seen as a reserve water source for irrigation and food production, as well as the maj or factor for the growth of agricultural production in the late 20th century (World Bank, 1996). With regard to the availability of safe and sufficient drinking water, Pakistan lacks reliable statistics. While data about the availability of water and field studies about water quality exist, there is no sufficient data that take both into account. Official data about the access to drinking water vary between 60 and 90 percent of households. In rural areas where a decline of households with access to water is documented s about availability differ between 10 and 53 percent. Differences in these statistics mainly emerge from the inclusion or exclusion of households that rely on privately owned wells and supply systems (Pakistan Mouza Report, 1998). In addition, having access to water in Pakistan is not similar with having access to safe and sufficient water supply. Pakistans water quality ranks as 80th out of 122 nations. Pipe water in Pakistan is contaminated either because of leakages with all sorts of bacteria or due to geological conditions and insufficient purification, with abnormally high levels of arsenic and elevated fluoride (IRIN, OCHA, 2004). Water, extracted by hand pumps the major water source in rural areas is mainly brackish water and not sufficient for drinking and cooking. The Pakistan Council of Research and Water Resources (PCRWR) estimate that almost 50 percent of urban water supply is insufficient for drinking and personal use (GOP, Pakistan Council of Research and Water Resources, 2004). According to a research which took data about availability and quality into relation and concluded that an average of 25.61 percent of Pakistans 159 million inhabitants has access to safe and sufficient drinking water ( Nils Rosemann, 2005). This calculation shows that in rural areas only 23.5 percent and in urban areas approximately 30 percent can use their source of water without jeopardizing their health. These findings come close to a conclusion by independent experts who predicted that already in 2001, with prevailing consumption rates and a population growth of 4 million people per year, one out of three people in Pakistan would face critical shortages of water, threatening their very survival. The Government of Pakistan estimated with regard to diarrhoea that this mainly water related disease accounts for 14 percent of illnesses for children under five and for seven percent of all disease in people age five and older (GOP, Pakistan Ministry of Economic Affairs and Statistics, 2004). The Pakistan Council of Research and Water Resources (PCRWR) assesses that 40 percent of all reported illnesses are water-related. It is estimated that 200,000 children in Pakistan die every year due to diarrhoea l diseases alone (UN Systems in Pakistan, 2003). Unsafe water affects mainly rural and urban poor, who suffer above the average from sickness and water related diseases. (GOP, Pakistan National Human Development Report, 2003). 2.5 About Bottled Water The term bottled water seems to tell that any bottle containing water, however there are important differences: all bottles dont contain the same product. There is very little in common between natural mineral water and purified water, as the chemical compositions or the treatments these waters can undergo respond to very different criteria that can change from one country to another. In some cases bottled water is merely bottled tap water. 2.5.1 Industry Definitions Several terms are commonly used to describe the products of the bottled water industry, including some of the following: * Artesian water bottled water from a well that taps a confined aquifer (a water-bearing underground layer of rock or sand) in which the water level stands at some height above the top of the aquifer. * Fluoridated Water often used as a health focused drink for growing children, it contains fluorine within permissible limits. * Ground water obtained from underground sources, pumped out using pressure that is equal to or more then atmospheric pressure. * Mineral water An extremely specific product that must meet certain criteria. Defined as water with at least 250 parts per million total dissolved solids. The source of water is either ground water or a spring. * Purified water or drinking water is water taken from rivers, lakes or underground springs that has undergone some form of treatment. It can be produced by â€Å"distillation, deionization, reverse osmosis or other suitable processes. It can be chemically treated in order to have some components disappear. It is basically de-mineralized water from public sources. Purified water is actually a manufactured product. * Sparkling water water injected with carbon dioxide * Spring water water obtained from an underground formation from which water flows naturally to the earths surface. * Sterile water water that meets the requirements specified under government or other sterility tests. * Well water water from a hole bored, drilled or otherwise constructed in the ground which taps the water of an aquifer. (IBWA, 2000) If these waters contain the minimum required mineral content according to US standards, they can be called â€Å"mineral waters†. So many different categories of bottled water, changing from one country to another, are not easy for consumers to differentiate. 2.5.2 What is Distilled Water? Distillation is a process that leaves water free of minerals. Distilled water has been brought up to a boiling temperature. The steam is captured and is cooled, which condenses it back into a liquid form. When the water turns to steam, anything heavier than water (like minerals, or unwanted organic matter) is left behind. Thus, distilled water only contains water. Distilled water is good to use in appliances such as coffee makers because since it contains no minerals it does not leave behind lime scale. 2.5.3 Packaging Packaging used for water can have very different shapes and colours and are made of different materials. For a long time, bottled water was only available in glass, a very good but heavy material. At the end of the 1960s, bottlers started to use packaging made of PVC (vinyl polychlorure). In the 1980s, a new kind of plastic started being used: PET (polyethylene terephtalate). PET is progressively replacing PVC because of its numerous advantages. Plastic, either PVC or PET, is the most frequently used material to make bottles of water; about 70% of the bottles used for natural mineral water are made of plastic. Bottles usually contain 33cl, 50cl, 1 litre, 1.5 litre, 2 litres or 5 litres. The biggest packaging for bottled water is a 5-gallon carboy (about 20 litres). Packaging is an essential part of bottled water marketing strategies. â€Å"The packaging makes the brand. The brand makes the packaging. A product must have visibility to sell its presentation refers to notions such as service, security, hygiene† (Miquel, 1999). In some cases, such as Kinley, it is even possible to recognize the brand of the bottled water thanks to the shape and colour of its packaging. Some brands have reshaped their bottles in order to make them look like the marketing message they are supposed to carry. Many bottles, for instance, now high mountains not only on the labels but also on the plastic itself. The packaging is an important part of the bottled water marketing success. All types of bottles coexist and are regularly reshaped in order to better catch consumers attention. Marketing and advertising campaigns are essential to differentiate the product and attract consumers. Brands tend to associate with specific activities: sport, fitness, slimming, fashion, etc. For the last 50 years, Evian has been the water of babies, emphasizing that its low mineral concentration is suitable for them. The brands marketing strategy capitalizes on infants, from the pink colour of its labels to advertising campaigns. 2.6 Bottled water market trends and Planets Health The world bottled water market amounts to an annual volume of 89 billion litres, which represents an average 15 litres of bottled water drunk yearly per person (Danone, 2000). Western Europeans are the major consumers, drinking nearly half of all the world bottled water, with an average of 85 litres/person/year (Sollberger, 1994). In United States, 54% of Americans regularly drink bottled water (Olson, 1999). More than half (59%) of the bottled water drunk in the world is purified water, the remaining 41% being spring or mineral water (Belot, 2000). Bottled water is an extremely competitive market; hence companies need to develop diverse marketing strategies. But according to campaigners, the planets health may be suffering as a result. A new report warns that peoples thirst for bottled water is producing unnecessary garbage and consuming vast quantities of energy, even in areas where perfectly good drinking water is available on tap. The report, released by the Earth Policy Institute (EPI), says global consumption of bottled water doubled between 1999 and 2004, reaching 41 billion gallons (154 billion liters) annually. 2.7 Bottled Water Market in Pakistan Before focusing on Pakistan in particular, one should note that bottled water consumption has generally grown around the world in the past 30 years, despite its high price compared to tap water. Lured by the potential for huge profits, multinational companies have been trying to create an international market for bottled water. The bottled water market in Pakistan is witnessing annual growth rates nearing 40 percent. Bottled water in Pakistan is not considered a ‘beverage. Beverage processing includes carbonated soft drinks where Pakistan has the lowest per capita consumption in the world, fruit juices, syrups and juice flavoured drinks (Pakistan Investors Guide, 2004). Drinking water and also bottled water is not considered an important commodity either. Water supply and prices for drinking water and bottled water are not considered under the items in the Sensitive Price Indicator, Consumer Price Index or Wholesale Price Index. From this perspective; it is obvious that Pakistan has low consumption of bottled water. The Government of Pakistan described the market for bottled water, with 33 million litres of consumption per annum in 1999, as small but growing. It furthermore estimated the consumption for 2003, as 70 million litres or 0.5 litres per capita. The bottled water market in Pakistan has wi tnessed annual growth rates of 40 percent, and after the introduction of Nestlà ©s ‘Pure Life, it had the fastest worldwide growth in bottled water in 2000, at 140% (The Bottled Water Industry of Pakistan, 2004). Recent s estimate a yearly consumption of about 2 litres per person bottled water (Nils Rosemann, 2005). Compared with Thailands 43 litres and Philippines 15 litres per capita consumption, this seems relatively low. But taking Pakistans population into account, one has to estimate an annual consumption of 318 million litres. While, sufficient s are not available to prove this 964 percent consumption increase in five years, one is able to conclude that Pakistan is a highly dynamic and lucrative market. Market expectations are as high in the retail market of bottled water as in the household and operations sector for bulk water. Besides these market expectations, the production of bottled water is also considered quite profitable. It is estimated that a bottle of 1.5 litres has production costs of PKR 12.51 while it is sold for PKR 22 (Nils Rosemann, 2005). The profit is shared between producing corporations, with PKR 0.66-0.83, and middleman, with PKR 6.66-7.08. By this standard, the producing corporation makes a profit of 4-5 percent while the middleman makes a profit of 27-30.55 percent. In Pakistans water market, there are approximately 20 permanent players. Official s show an estimated number of 26 corporations, while in summer time, this number increases up to 70 (Nils Rosemann, 2005). But from the perspective of quality control, PCRWR is witnessing a fluctuation in the market of 50 percent, e.g. half of the brands disappear and are replaced by new brands yearly (PCRWR, 2003). In 2005, PSQCA admitted that 200 companies are selling bottled water in Pakistan, but only 27 are registered as maintaining standards stipulated for the product (Hoti, Ikram, 2005). Nestlà © itself estimates approximately 150 water brands, with only 15 registered under the PSQCA scheme (Hoti, Ikram, 2005). Regardless of this data, it is unquestioned that Nestlà © controls the majority of the market (over 50 percent) with its brands ‘Pure Life, AVA and Fontalia, while Danones subsidy 22 â€Å"Sparkletts† holds 12 percent and another local brand â€Å"BSW† has an estimated five percent market share (Nils Rosemann, 2005). Bottled water is not a solution to inadequate water supplies as it is simply not affordable for poor people who lack access to water. A bottled water culture which turns drinking water into a status symbol is not justifiable from the human rights perspective. The Pakistan government is obliged to adopt measures to provide access to safe and sufficient water supplies even if that means restraining corporations from turning water into a status symbol to make profits, or from polluting or extracting already depleting groundwater resources. 2.8 Bottled water consumption: a certain way of life Some consumers choose to only drink bottled water; we can identify several reasons for drinking bottled water. 2.8.1. Consumers care for their health and safety Bottled water is often an alternative to tap water. Consumers often object to the taste of chemicals, particularly chlorine, used to purify tap water. In France, nearly half of them dont usually drink tap water because of its bad taste (IFEN, 2000), as opposed to only 7% in United States (Olson, 1999). Consumers also look for security, in emerging as well as in industrialized countries. They often mistrust their tap water, because of previous bacterial contamination for instance, and perceive bottled water as being safer than tap water. In India, the suspicion of bad tap water quality, in addition to general and seasonal shortages of tap water, lead people to turn to bottled water. In Pakistan, only t Bottled Water Preferences Analysis Bottled Water Preferences Analysis Preface â€Å"Leaders arent born, they are made. And they are made just like anything else, through hard work. And thats the price well have to pay to achieve that goal, or any goal† Vincent Lombardi All the knowledge learning and procedures are useless without observations and practical experience. The purpose of this research is to acquaint the business graduate with empirical business practices. As a requirement for Bachelors Degree in Business Administration, I opted to conduct my research on â€Å"Consumer Preferences of Bottled water†, to fulfill my degree requirement. The reason for choosing bottled water was to get practical knowledge about consumer behaviour, so as to provide myself an opportunity to cope with the real life situation. This research covers the aspect about consumers preferences regarding usage of a certain brand of bottled water. The research focuses on the fact that why a consumer uses a specific brand of bottled water. Is it taste, health consciousness, fashion or any other aesthetic factor that makes a consumers use a specific brand of bottled water. The main idea for this research came from the observation, that why a consumer is using only a specific brand of bottled water, regardless of the fact that all the bottled water brands are providing â€Å"pure and clean† water. I felt that the knowledge that I have gained through this experience is an excellent way to think analytically for finding solutions to problems of day-to-day life. The study of consumer behavior and their preferences itself is a massive study comprising of different factors involved. It is impossible to study each one in detail and include everything in the report. However, I studied the consumer behaviour from preferences point of view. I am thankful to all my colleagues and higher ups for their valuable guidance in preparing this report in a presentable fashion. I am also thankful to my parents, teachers and all my friends for their cooperation. â€Å"MEASURING CONSUMER PREFERENCES FOR BOTTLED DRINKING WATER† CHAPTER 01: INTRODUCTION 1.1 Background of the study: Bottled water consumption has been steadily growing in the world for the past 30 years. It is the most dynamic sector of all the food and beverage industry: bottled water consumption in the world increases by an average 7% each year, in spite of its excessively high price compared to tap water and although industrialized countries consumers have, in principle, access to cheap good quality tap water. Bottled water is often an alternative to tap water. Consumers often object to the taste of chemicals, particularly chlorine, used to purify tap water. In France, nearly half of them dont usually drink tap water because of its bad taste (IFEN, 2000), as opposed to only 7% in United States (Olson, 1999). Consumers also drink bottled water because they care for their health. In Europe, there is a long tradition, dating back to Roman times, of spas and of drinking mineral waters for medical purposes. In the 19th century, this activity developed with the fashion for upper classes to go to spas in order to improve their health. Spas owners werent long in understanding that they could increase the wellness of their customers and their own benefits â‚ ¬Ã‚  directly supplying them their water in bottles. Until the 1950s, mineral water was sold in drugstores as a health product. It has now become an everyday product. Natural mineral water, now sold in supermarket, doesnt carry along anymore this medical image. People now buy bottled water to feel well, responding to advertising campaigns based on well-being, energy, slimming, fitness etc. Bottled water is a healthy alternative to other beverages. It is calorie-free and attractive for people willing to lose weight: â€Å"one of the sparks that ignited the bottled water fire was the fitness craze that skyrocketed in the early 1980† (Sullivan, 1996). Increasing urbanization can also explain this trend for bottled water consumption. In Increasing standards of living and greater use of cars enabled people to buy water in supermarkets and to bring home higher number of bottled water, without difficulty. The use of plastic makes bottles lighter and easier to carry than when they were made of glass. The expansion of shopping centers, outside city-centers, provides consumers with a greater choice in bottled water brands. The explosion of bottled water consumption also reflects deep changes in working habits in industrialized countries, with the decline of the agriculture and industry sectors. In these countries, most people have office works and the bottle of water is now a common element on a desk, next to the computer and the telephone. Drinking expensive bottled water (compared to tap water) is a sign of a rise in the social scale. In addition, bottled water is the result of a huge marketing success. The bottled water market in Pakistan is witnessing annual growth rates nearing 40 percent. Bottled water in Pakistan is not considered a ‘beverage. Beverage processing includes carbonated soft drinks where Pakistan has the lowest per capita consumption in the world, fruit juices, syrups and juice flavoured drinks. Drinking water and also bottled water is not considered an important commodity either. The Government of Pakistan described the market for bottled water, with 33 million liters of consumption per annum in 1999, as small but growing. It furthermore estimated the consumption for 2003, as 70 million liters or 0.5 liters per capita. The bottled water market in Pakistan has witnessed annual growth rates of 40 percent, and after the introduction of Nestlà ©s ‘Pure Life, it had the fastest worldwide growth in bottled water in 2000, at 140%. Recent s estimate a yearly consumption of about 2 liters per person bottled water. Bottled water is not a solution to inadequate water supplies as it is simply not affordable for poor people who lack access to water. A bottled water culture which turns drinking water into a status symbol is not justifiable from the human rights perspective. The Pakistan government is obliged to adopt measures to provide access to safe and sufficient water supplies even if that means restraining corporations from turning water into a status symbol to make profits, or from polluting or extracting already depleting groundwater resources. 1.2 Purpose of the Study: This report/study is meant to: Understand what factors are influencing the consumer preferences to make them purchase different brands of bottled water. Identifying that what are the factors which affect the purchase of a specific bottled water brand. 1.3 Research Questions: 1. What do people expect from their water utility in the context of drinking water services? 2. What are consumers priorities? 3. What do customers consider acceptable in terms of the product and the service they receive? 4. What are they willing to accept for the current price they pay? 5. Why do people prefer to use a specific bottled water brand in terms of their priorities? 1.4 Scope of the Work: Scope of this report is limited to businessmen, professionals and students of Peshawar and Islamabad who are well users of bottled water. 1.5 Limitations of the Study: Expected limitations of this research can be: * Unavailability or Lack of data * Response from people * Limited time * Resource constraint 1.6 Research Methodology: The methodologies used for the research are as follows: 1.6.1.: Sample Unit: The respondents selected were belonging to different social backgrounds and different professions. 1.6.2: Sample Population: The study was conducted in Peshawar and Islamabad only. 1.6.3: Sample Size: A total sample size of 100 respondents was fixed for the research. 1.6.4: Sampling Procedure: Because of the limitations, convenient sampling has been selected, as the name implies, the sample is selected because they are convenient. This non probability method is often used during preliminary research efforts to get a gross estimate of the results, without incurring the cost or time required to select a random sample. The sampling was on the basis of Judgemental Sampling i.e. Non-Probability Sampling Method was used. 1.6.2: DATA COLLECTION: Both primary and secondary methods of data collection are used in the study. 1.6.2.1: Primary Data: The data-collecting tool for primary data was the questionnaire. The questionnaires were compromised of questions about personal preferences of the respondents along with questions on the subject of study. The questions used likert scale and category scale. This enabled the respondents to answer questions by marking most suitable answers. 1.6.2.2: Secondary Data: The most important source of secondary data for the study was articles from different websites and previous researches done on internet. Also different books and some related articles in different magazines and journal of marketing served as a source of secondary data. 1.7 Scheme of the Report: The report will comprise of following sections: Chapter 01: Introduction Chapter 02: Literature Review Chapter 03: Consumer Trust, Confidence and Customer Preferences for Drinking Water Chapter 04: Analysis and Findings Chapter 05: Conclusion and Recommendations CHAPTER 02: LITERATURE REVIEW 2.1 Introduction The global water shortage of affordable and safe drinking water is manifested in Pakistan with an estimated 44 percent of the population without access to safe drinking water. In rural areas, up to 90 percent of the population may lack such access. As one indication of the magnitude of the problem, it is estimated that 200,000 children in Pakistan die every year due to diarrhoeal diseases alone (UN Systems in Pakistan, 2003). Drinking bottled water reflects not just a certain way of life in the rich North but a necessity and the only option for safe water in the South. Beside official s, there should be no doubt that the majority of the Pakistans population is exposed to the hazard of drinking unsafe and polluted water. In an effort to improve this situation, many consumers in Pakistan have to turn to bottled water as a first alternative to drinking unfiltered tap water or contaminated water of other sources where no public drinking water service exists (GOP, Pakistan Environment Pro tection Agency, 2003). However, bottled water is a very expensive alternative and not always healthy because of infrequent testing for contaminants and sporadic inspection of processing plants. Bottled water should not be considered as a substitute to a sufficient service with drinkable tap water, but it is due to lack of access to water services or to bad quality of available resources (WHO, 2000). Bottled water consumption has been steadily growing in the world for the past 30 years. It is considered as one of the most dynamic sectors of all the food and beverage industry, where consumption in the world increases by an average 12% each year, in spite of its excessively high price compared to tap water (UNESCO, 2003). Bottled water consumption has been steadily growing in the world for the past 30 years. It is the most dynamic sector of all the food and beverage industry: bottled water consumption in the world increases by an average 7% each year, in spite of its excessively high price compared to tap water and although industrialized countries consumers have, in principle, access to cheap good quality tap water. This research report aims to provide background information on bottled water, the use of bottled water in order to understand the reasons of a trend that goes beyond a simple fashion and turns to be a real social phenomenon. It will first identify existing types of bottled water: although they seem very much alike, bottles of water dont contain the same product. The increase in bottled water consumption has boosted the bottled water industry and market trends show very promising perspectives for the future. This report will then identify the major reasons why consumers choose to buy speci fic expensive bottled water rather than drink tap water. It will finally analyze the impact this industry has on the environment. 2.2 Water Global Trends and Pakistans Struggle Water is essential for human beings to survive and develop. At the same time, water is a scarce good, and shortage sometimes results in crises. Both facts lead to the simple conclusion that lack of water hinders development and a dignified life. This can be assessed from global trends, as well as from Pakistans national and local struggles for better access for people to safe and sufficient drinking water. 2.3 Water A Global but Scarce Good According to s published by the United Nations, subsidiary organizations and other international organizations, 1.1bn people are without a sufficient access to water, and 2.4bn people have to live without adequate sanitation. Under current trends, the prognosis is that about 3bn people of a population of 8.5bn will suffer from water shortage by 2025. 83% of them will live in developing countries, mostly in rural areas where even today sometimes only 20% of the population have access to a sufficient water supply (Guissà ©, El Hadji, 2004). This actual lack of water is opposed to the theoretical conclusion that there is enough ground water existing in all regions of the world to guarantee an adequate water supply for all people. According to international law, in the case of concurring water users, the socio-economic priorities have to rest on human development and social interests of the people (UN, 1997). However, only 6% of global freshwater is used by households, while 20% is util ized industry and another 70% by agriculture. The conclusion drawn from these framework conditions is that water shortage and the unequal distribution of water are global problems rather than regional problems that require international solutions. Insufficient supply of drinking water is the main cause of diseases in developing countries. Already in 1997, the United Nations Commission on Sustainable Development concluded that 2.3bn people suffer from diseases rooted in insufficient water provision and quality (UN, 1997). More than five years later, it was estimated that 2.4bn people were suffering from water related diseases, and the World Health Organization reckons that 80% of all infections are traceable to poor water conditions. 5,483 people die daily of water caused diarrhoea 90 percent are children under five. Taking into account all water related diseases and deaths, international organizations estimated in 2001 that 2,213,000 people died because of inadequate water supply ten times more than the tsunami disaster caused in December 2004 (UNESCO, 2003). 2.4 Poverty and Access to Water in Pakistan It is acknowledged that lacking safe and sufficient drinking water as with other basic needs such as food, shelter and education is not a geographical but social problem. Being poor or rich is mainly decided by birth, and poverty perpetuates itself from generation to generation. Development strategies should be judged by their effort to break through this vicious cycle. Single indicators, such as literacy rates or households with access to water, are a litmus test for such an assessment. 2.4.1 Access to Water in Pakistan Pakistan is an Islamic Republic, whose aim is to enable its Muslim majority â€Å"to order their lives in the individual and collective spheres in accordance with the teachings and requirements of Islam as set out in the Holy Quran and Sunnah† (Constitution of the Islamic Republic of Pakistan, 1973). Water is recognized in Islamic teachings as a vital resource, of which everyone has the right to a fair share. Following the Hadith, it is reported that the Prophet Muhammad (PBUH) said: â€Å"Muslims have common share in three (things): grass, water and fire† (Abu-Dawood 3470). Furthermore, the Holy Quran warns human beings against unfair distribution of common goods and the majority of scholars agree that Islam forbids speculation, manipulation and unbalance profit with a common good such as water (Faruqui, Naser I, 2001). In 1995, UNDP counted Pakistan as country having among the highest water potential per person out of 130 countries that should dramatically improve its water situation to overcome the current crisis and prevent future ones (IRIN, 2001). Obviously, Pakistan failed to make any improvement. In 2003, the United Nations dropped Pakistans ranking, because its total renewable water resources per capita per year have been estimated as 114th out of 180 countries (UN, 2003). Only three percent of Pakistans sweet water resources are used for household purposes and drinking (GOP, Pakistan Ministry of Water and Power, 2002). Therefore the debate about access to water in Pakistan is dominated by irrigation disputes, mega-projects of dams and canals, and climate change. The focus is on water for agriculture rather than for people (UNDP, 2003). This production oriented perspective continues in the debate about groundwater use and extraction. It is estimated that surface water meets only 75-80 percent of crop water requirements. As a result, groundwater is merely seen as a reserve water source for irrigation and food production, as well as the maj or factor for the growth of agricultural production in the late 20th century (World Bank, 1996). With regard to the availability of safe and sufficient drinking water, Pakistan lacks reliable statistics. While data about the availability of water and field studies about water quality exist, there is no sufficient data that take both into account. Official data about the access to drinking water vary between 60 and 90 percent of households. In rural areas where a decline of households with access to water is documented s about availability differ between 10 and 53 percent. Differences in these statistics mainly emerge from the inclusion or exclusion of households that rely on privately owned wells and supply systems (Pakistan Mouza Report, 1998). In addition, having access to water in Pakistan is not similar with having access to safe and sufficient water supply. Pakistans water quality ranks as 80th out of 122 nations. Pipe water in Pakistan is contaminated either because of leakages with all sorts of bacteria or due to geological conditions and insufficient purification, with abnormally high levels of arsenic and elevated fluoride (IRIN, OCHA, 2004). Water, extracted by hand pumps the major water source in rural areas is mainly brackish water and not sufficient for drinking and cooking. The Pakistan Council of Research and Water Resources (PCRWR) estimate that almost 50 percent of urban water supply is insufficient for drinking and personal use (GOP, Pakistan Council of Research and Water Resources, 2004). According to a research which took data about availability and quality into relation and concluded that an average of 25.61 percent of Pakistans 159 million inhabitants has access to safe and sufficient drinking water ( Nils Rosemann, 2005). This calculation shows that in rural areas only 23.5 percent and in urban areas approximately 30 percent can use their source of water without jeopardizing their health. These findings come close to a conclusion by independent experts who predicted that already in 2001, with prevailing consumption rates and a population growth of 4 million people per year, one out of three people in Pakistan would face critical shortages of water, threatening their very survival. The Government of Pakistan estimated with regard to diarrhoea that this mainly water related disease accounts for 14 percent of illnesses for children under five and for seven percent of all disease in people age five and older (GOP, Pakistan Ministry of Economic Affairs and Statistics, 2004). The Pakistan Council of Research and Water Resources (PCRWR) assesses that 40 percent of all reported illnesses are water-related. It is estimated that 200,000 children in Pakistan die every year due to diarrhoea l diseases alone (UN Systems in Pakistan, 2003). Unsafe water affects mainly rural and urban poor, who suffer above the average from sickness and water related diseases. (GOP, Pakistan National Human Development Report, 2003). 2.5 About Bottled Water The term bottled water seems to tell that any bottle containing water, however there are important differences: all bottles dont contain the same product. There is very little in common between natural mineral water and purified water, as the chemical compositions or the treatments these waters can undergo respond to very different criteria that can change from one country to another. In some cases bottled water is merely bottled tap water. 2.5.1 Industry Definitions Several terms are commonly used to describe the products of the bottled water industry, including some of the following: * Artesian water bottled water from a well that taps a confined aquifer (a water-bearing underground layer of rock or sand) in which the water level stands at some height above the top of the aquifer. * Fluoridated Water often used as a health focused drink for growing children, it contains fluorine within permissible limits. * Ground water obtained from underground sources, pumped out using pressure that is equal to or more then atmospheric pressure. * Mineral water An extremely specific product that must meet certain criteria. Defined as water with at least 250 parts per million total dissolved solids. The source of water is either ground water or a spring. * Purified water or drinking water is water taken from rivers, lakes or underground springs that has undergone some form of treatment. It can be produced by â€Å"distillation, deionization, reverse osmosis or other suitable processes. It can be chemically treated in order to have some components disappear. It is basically de-mineralized water from public sources. Purified water is actually a manufactured product. * Sparkling water water injected with carbon dioxide * Spring water water obtained from an underground formation from which water flows naturally to the earths surface. * Sterile water water that meets the requirements specified under government or other sterility tests. * Well water water from a hole bored, drilled or otherwise constructed in the ground which taps the water of an aquifer. (IBWA, 2000) If these waters contain the minimum required mineral content according to US standards, they can be called â€Å"mineral waters†. So many different categories of bottled water, changing from one country to another, are not easy for consumers to differentiate. 2.5.2 What is Distilled Water? Distillation is a process that leaves water free of minerals. Distilled water has been brought up to a boiling temperature. The steam is captured and is cooled, which condenses it back into a liquid form. When the water turns to steam, anything heavier than water (like minerals, or unwanted organic matter) is left behind. Thus, distilled water only contains water. Distilled water is good to use in appliances such as coffee makers because since it contains no minerals it does not leave behind lime scale. 2.5.3 Packaging Packaging used for water can have very different shapes and colours and are made of different materials. For a long time, bottled water was only available in glass, a very good but heavy material. At the end of the 1960s, bottlers started to use packaging made of PVC (vinyl polychlorure). In the 1980s, a new kind of plastic started being used: PET (polyethylene terephtalate). PET is progressively replacing PVC because of its numerous advantages. Plastic, either PVC or PET, is the most frequently used material to make bottles of water; about 70% of the bottles used for natural mineral water are made of plastic. Bottles usually contain 33cl, 50cl, 1 litre, 1.5 litre, 2 litres or 5 litres. The biggest packaging for bottled water is a 5-gallon carboy (about 20 litres). Packaging is an essential part of bottled water marketing strategies. â€Å"The packaging makes the brand. The brand makes the packaging. A product must have visibility to sell its presentation refers to notions such as service, security, hygiene† (Miquel, 1999). In some cases, such as Kinley, it is even possible to recognize the brand of the bottled water thanks to the shape and colour of its packaging. Some brands have reshaped their bottles in order to make them look like the marketing message they are supposed to carry. Many bottles, for instance, now high mountains not only on the labels but also on the plastic itself. The packaging is an important part of the bottled water marketing success. All types of bottles coexist and are regularly reshaped in order to better catch consumers attention. Marketing and advertising campaigns are essential to differentiate the product and attract consumers. Brands tend to associate with specific activities: sport, fitness, slimming, fashion, etc. For the last 50 years, Evian has been the water of babies, emphasizing that its low mineral concentration is suitable for them. The brands marketing strategy capitalizes on infants, from the pink colour of its labels to advertising campaigns. 2.6 Bottled water market trends and Planets Health The world bottled water market amounts to an annual volume of 89 billion litres, which represents an average 15 litres of bottled water drunk yearly per person (Danone, 2000). Western Europeans are the major consumers, drinking nearly half of all the world bottled water, with an average of 85 litres/person/year (Sollberger, 1994). In United States, 54% of Americans regularly drink bottled water (Olson, 1999). More than half (59%) of the bottled water drunk in the world is purified water, the remaining 41% being spring or mineral water (Belot, 2000). Bottled water is an extremely competitive market; hence companies need to develop diverse marketing strategies. But according to campaigners, the planets health may be suffering as a result. A new report warns that peoples thirst for bottled water is producing unnecessary garbage and consuming vast quantities of energy, even in areas where perfectly good drinking water is available on tap. The report, released by the Earth Policy Institute (EPI), says global consumption of bottled water doubled between 1999 and 2004, reaching 41 billion gallons (154 billion liters) annually. 2.7 Bottled Water Market in Pakistan Before focusing on Pakistan in particular, one should note that bottled water consumption has generally grown around the world in the past 30 years, despite its high price compared to tap water. Lured by the potential for huge profits, multinational companies have been trying to create an international market for bottled water. The bottled water market in Pakistan is witnessing annual growth rates nearing 40 percent. Bottled water in Pakistan is not considered a ‘beverage. Beverage processing includes carbonated soft drinks where Pakistan has the lowest per capita consumption in the world, fruit juices, syrups and juice flavoured drinks (Pakistan Investors Guide, 2004). Drinking water and also bottled water is not considered an important commodity either. Water supply and prices for drinking water and bottled water are not considered under the items in the Sensitive Price Indicator, Consumer Price Index or Wholesale Price Index. From this perspective; it is obvious that Pakistan has low consumption of bottled water. The Government of Pakistan described the market for bottled water, with 33 million litres of consumption per annum in 1999, as small but growing. It furthermore estimated the consumption for 2003, as 70 million litres or 0.5 litres per capita. The bottled water market in Pakistan has wi tnessed annual growth rates of 40 percent, and after the introduction of Nestlà ©s ‘Pure Life, it had the fastest worldwide growth in bottled water in 2000, at 140% (The Bottled Water Industry of Pakistan, 2004). Recent s estimate a yearly consumption of about 2 litres per person bottled water (Nils Rosemann, 2005). Compared with Thailands 43 litres and Philippines 15 litres per capita consumption, this seems relatively low. But taking Pakistans population into account, one has to estimate an annual consumption of 318 million litres. While, sufficient s are not available to prove this 964 percent consumption increase in five years, one is able to conclude that Pakistan is a highly dynamic and lucrative market. Market expectations are as high in the retail market of bottled water as in the household and operations sector for bulk water. Besides these market expectations, the production of bottled water is also considered quite profitable. It is estimated that a bottle of 1.5 litres has production costs of PKR 12.51 while it is sold for PKR 22 (Nils Rosemann, 2005). The profit is shared between producing corporations, with PKR 0.66-0.83, and middleman, with PKR 6.66-7.08. By this standard, the producing corporation makes a profit of 4-5 percent while the middleman makes a profit of 27-30.55 percent. In Pakistans water market, there are approximately 20 permanent players. Official s show an estimated number of 26 corporations, while in summer time, this number increases up to 70 (Nils Rosemann, 2005). But from the perspective of quality control, PCRWR is witnessing a fluctuation in the market of 50 percent, e.g. half of the brands disappear and are replaced by new brands yearly (PCRWR, 2003). In 2005, PSQCA admitted that 200 companies are selling bottled water in Pakistan, but only 27 are registered as maintaining standards stipulated for the product (Hoti, Ikram, 2005). Nestlà © itself estimates approximately 150 water brands, with only 15 registered under the PSQCA scheme (Hoti, Ikram, 2005). Regardless of this data, it is unquestioned that Nestlà © controls the majority of the market (over 50 percent) with its brands ‘Pure Life, AVA and Fontalia, while Danones subsidy 22 â€Å"Sparkletts† holds 12 percent and another local brand â€Å"BSW† has an estimated five percent market share (Nils Rosemann, 2005). Bottled water is not a solution to inadequate water supplies as it is simply not affordable for poor people who lack access to water. A bottled water culture which turns drinking water into a status symbol is not justifiable from the human rights perspective. The Pakistan government is obliged to adopt measures to provide access to safe and sufficient water supplies even if that means restraining corporations from turning water into a status symbol to make profits, or from polluting or extracting already depleting groundwater resources. 2.8 Bottled water consumption: a certain way of life Some consumers choose to only drink bottled water; we can identify several reasons for drinking bottled water. 2.8.1. Consumers care for their health and safety Bottled water is often an alternative to tap water. Consumers often object to the taste of chemicals, particularly chlorine, used to purify tap water. In France, nearly half of them dont usually drink tap water because of its bad taste (IFEN, 2000), as opposed to only 7% in United States (Olson, 1999). Consumers also look for security, in emerging as well as in industrialized countries. They often mistrust their tap water, because of previous bacterial contamination for instance, and perceive bottled water as being safer than tap water. In India, the suspicion of bad tap water quality, in addition to general and seasonal shortages of tap water, lead people to turn to bottled water. In Pakistan, only t

Wednesday, October 2, 2019

Oil and its Economics :: Economy Petrol

Supply of Oil â€Å"Since 1974 oil-exporting nations have substantially increased their imports in order to finance development plans and to pay for highly technical military training, equipment, and sophisticated defense systems such as the airborne warning and control system, AWACS. From 1972 to 1983, OPECs imports increased approximately sevenfold. Furthermore, exports to OPEC from OECD as a percentage of the latter's total exports increased from 4.1 percent in l972-73 to 8.8 percent in 1975-82, then to 8.4 percent in 1983; and it dropped to 7.1 percent in 1984.† (http://www.georgetown.edu/users/johnsonj/oweiss/petrod/increase.htm) â€Å"Dynamic forces of oil supply and demand led to all excess supply in world markets since 1980, which in turn led to a de facto decline in the price of oil even before OPEC's London agreement of March 1983 in which the official price was reduced by approximately 14 percent. This oil glut in world markets was the result of at least three mutually dependent dominant forces: high oil prices, increase in production, and reduction in demand.† (http://www.georgetown.edu/users/johnsonj/oweiss/petrod/since.htm) â€Å"First, following the initial leap of 1973 the price of oil was once again drastically increased in l979. This rise led to a substitution of other sources of fuel and a reduction in real income, which contributed eventually to a decline in the demand for oil after a three-year time lag.† â€Å"A second factor in the oil glut was the increase in world oil production--a predictable economic consequence of rise in its price.† â€Å"A third factor in the oil glut was decreased demand for oil. The 1980 economic recession, which had plagued the world economy and which had markedly reduced the productive capacity of industrial nations by its greatest percentage decline since World War II, was a dominant force in reducing the demand for oil yet further. As their gross national products headed downward because of the recession, industrial nations reduced their imports. This, in turn, led to a reduction in foreign exchange earnings of the less-developed countries. These had, therefore, to curtail their purchases from abroad, including imports of oil. A multiplier effect of all such factors had a marked effect on the demand for oil in world markets.† (http://www.georgetown.edu/users/johnsonj/oweiss/petrod/since.htm) DEMAND Demand for Oil over Time (http://www.georgetown.edu/users/johnsonj/oweiss/petrod/time.htm) â€Å"A conventional downward-sloping demand curve is not, in [Dr. Oweiss’]opinion, sufficient to explain the interaction of oil prices and quantity demanded over time. In studying the dynamics of international oil markets which differentiates between upward and downward trends in prices. A small rise in the price of oil, from its low, pre-1973 level, will not change the quantity demanded, for demand at such a low level may he regarded as perfectly inelastic.

Tuesday, October 1, 2019

Film Analysis of A Midsummer Nights Dream :: Movies A Midsummer Nights Dream Essays

Film Analysis of A Midsummer Night's Dream Michael Hoffman directed William Shakespeare's A Midsummer Night's Dream and it is an enchanting new version of Shakespeare's most magical comedy. It has dangerous potions, fairies and strange romances. It is a tale of a wondrous single night in which wicked spirits turn the world of love on its head. First I have to make it clear that I have never really thought much of A Midsummer Night's Dream. I have always considered it fairly frivolous and not too important in William Shakespeare's career. I really do not know why, it just is what it is. I must say, that Michael Hoffman's William Shakespeare's A Midsummer Night's Dream is a very good film, BUT, it is not for everyone because it is purely Shakespeare updated to 19th Century, Tuscany, Italy where the characters ride around on a new invention, the bicycle. All the magical fairies, tangled romances, Oberon and Puck are all here to bedevil the ill-fated humans, as Puck says, "What fools these mortals be". The movie opens with an interesting effect to show the name of the film, it's quite magical. The opening is interesting but then it bogs down for about 15 minutes and since I was tired I found it a bit of a struggle staying awake, but I did and I was rewarded. I quickly woke up as the scene moved into the woods late at night as the fairy world came to life with interesting, magical creatures. Stanley Tucci plays the mischievous Puck quite well as does Calista Flockheart as Helena, one of the tortured lovers; she nails Helena's love craziness. Christian Bale as Demet rius, Sophie Marceau as Hippolyta and Domenic West as Lysander play the other lovers. Rupert Everett's Oberon has a brooding to him that I have never seen which makes that role work for me in ways it has never before. I personally feel that Michelle Pfeiffer as Titania, the fairy Queen was absolutely beautiful. Kevin Kline as Nick Bottom and Ms.

Marketing scenario Essay

Introduction Positioned as an premium offering focused to lowest overall cost to end users through superior overall performance. Leader in quality , performance and technological innovation Product lines Carton sealing and industrial tapes Specialized adhesives Other packaging products K2 tape – Manufactured using patented technology and a brand name for pressure sensitive carton sealing tape Very high tensile strength and sheer resistance Positioning High Price K2 Products Low Quality High Quality Ipack Tensile New Product Low Price Problem Statement †¢ K2 tape competed against inferior economy grade products in carton sealing type †¢ IPACK offered 25-35% lesser price †¢ Revenue of K2- $68.6 million IPACK – $28.5 million in 2012 †¢ Tensile – a new competitor had $2.7 million dollar sale with one sales representative Should PST stay with high quality product or enter the economy grade segment ? Option 1: Enter the economy grade segment under the same brand PROS Access to the economy segment Defend market share against competition Diversification of product portfolio CONS Dilution of the brand image as a maker of  technological superior product Cannibalization of its own product offering Cluttered product line Option 2: Enter the economy grade segment under different brand Implications for: PROS CONS Customer †¢ Ability to fulfill need of price sensitive  customers †¢ Possibility of change in perception of  being a quality leader Distributor †¢ Possibility to offer a low end PST  product †¢ Even wider product range; Limited  sales force Sales Force †¢ Ability to offer more variety in terms of  price levels †¢ More effort to explain product  differences Brand †¢ No positive impact †¢ Negative impact on brand image Option 2: Stay with high-quality products Implications for: PROS CONS Customer †¢ Maintaining image of quality Leader †¢ Loss of Market share; Not targeting  price sensitive consumers Distributor †¢ No need for adjustment in  distribution policy †¢ Low-price offer only from competitor not from PST Sales Force †¢ Consistent and easy product  quality †¢ No ability to offer solution for price  sensitive customer Brand †¢ Consistent overall brand image †¢ No negative impact Recommendation PST should enter the economy grade segment NEW BRAND †¢ New name (unrelated to PST) to avoid negative impact on brand image †¢ Marketed completely independent PRODUCT LAUNCH †¢ Development and launch of two new products to compete with Tensile †¢ Competitive pricing strategy (similar to Tensile) ENTER MARKET †¢ Make use of well established distribution network †¢ Offer economy equivalents for RD-48 & RDS-72 SUCCESS FACTORS †¢ There is a projected growth in demand (e.g. packaging segment 2.2%) †¢ PST has an established sales force and distribution network in the tape market †¢ There is a lack of brand loyalty of price sensitive customers (switching to PSTs new brand) †¢ There was suitable equipment and capacity for quick production Distribution Plan †¢ Distribution through existing network for faster brand growth †¢ Hire more sales people to increase service quality & sales in PSTs tape business