Inside The Eye Of A Hurricane - 806 Words

Inside the Eye of A Hurricane Outside of our cozy house indoors, the skies unleashed its fury against our town. The rain against our metal roof sounded louder than the thunder that clapped with a large boom every few minutes. The living room was illuminated by a TV in the middle. Our gas fireplace warmed my feet, which had been wet and cold from the nearby beach I had been at all morning watching the storm. We had the news blasted up as loud as it could go just to hear it over the rain and thunder. The wind was relentless as well. Outside, it wasn’t your average storm that was taking place. Living in Hawaii, in the middle of the ocean, we were susceptible to hurricanes. They were simply a menace to us, a threat looming over our town, constantly during the summer and fall. The weatherman called for Hurricane Daniel, but we didn t evacuate. Our family, like many others, ignored the warnings. This hurricane had already ravaged Florida and Georgia and was now directly above us. I wondered if we should have evacuated when we had the chance. I looked outside to see water from the Atlantic Ocean rushing down the streets. The wind more than howled, it screamed and shook our house’s very foundation. Water was up to our ankles now and still rising, so my mother had us go upstairs. My mom, dad, even my cat, Oahu, and I were hunkered down upstairs, terrified. What if we I lost our house? What if I lost my family or my cat? I squeezed my eyes shut, trying to block out the terrorShow MoreRelatedHurricane Impact On Tropical And Subtropical Waters963 Words   |  4 PagesA hurricane is referred to a storm that forms over tropical and subtropical waters. Hurricanes have the power to destroy life and property. Hurricanes are referred to as â€Å"Typhoons† in the Western Pacific and â€Å"Cyclones† in Southeast Asia. On average, the â€Å"Hurricane Season† begins on June 1 and ends on November 30. A Hurricane’s intensity is measured on the Saffir-Simpson Hurricane Wind Scale. 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Business Simulation Assessment for Lease - myassignmenthelp.com

Question: Discuss about theBusiness Simulation Assessment for Lease. Answer: In accordance with the income statement of Australian Vintage; significant losses in the financial year of 2016 can be noticed. The primary reason of loss is termination payment on the exit of vineyard lease and Brexit (Winemakers Federation of Australia, 2017). In order to compensate with the losses company had to comply with following action plan covering of strategic and operational aspects: Management of exchange rates: Australian Vintage is a major exporter of the vine to the UK but due to the unfavourable measure in the pound because of Brexit had negatively impacted profit. For the improvement of margin from this market, company is required to various strategies which must become effective in January 2017 (Visscher, 2014). Strategies include the development of foreign currency policy by applying the bottom-up approach in order to identify exposures of consolidated foreign currency. This strategy will be supported by approval of external auditors and will be monitored on a regular basis. Supply chain management The profits of AVL declined due to poor performance in supply chain management, especially in the Asian market, as orders were not distributed timely. The major distributor was not able to deliver orders on time, due to disruptions in the supply chain. It leads to huge costs as compared to new world producers; however, the issue is occurred due to reliance on supplying on few supermarkets for raw material (Christopher, 2016). The improvements in supply chain management are essential for optimisation business processes, however, it will enable coordination of operations from the production process to final supply. The company must reduce its reliance on supplying a few large supermarkets or chains (Visscher, 2014). The organisation should focus on maintaining good relations with the filler/packer. Furthermore, the company can remove extra intermediaries that will significantly reduce costs. The company should narrow its local market operations as per market conditions, along with this internationalization of supply chain operations is necessary (Winemakers Federation of Australia, 2017). The products need to be distributed in accordance with distribution strategy and production capacity of the firm. The organisation furthermore, selects the appropriate distribution channel for the product as based on market environment. It should make a plan for distributing products to overcome the challenges for the wine sector. Policies in support to legislation The sales in New Zealand market is declined due to new legislation related to liquor market are employed by the government. The promotional activities are restricted. Therefore, profits and sales are seriously affected, and companys profits were declined in the part years. However, the issue can be resolved by portraying a branded image of AVL in the eyes of market consumers (Reynolds, 2016). The main brands of AVL namely McGuigan, Tempus Two and Nepenthe, are offering a profitable business to AVL, instead of some market conditions. The company should go for focusing on increasing sales in three key brands that are mentioned above. Along with this, business has to focus on growing exports in new markets as well as controlling costs of operations. The organisation needs to come up with appropriate communications campaign related to health and social benefits of moderate wine consumption. Table 1: Action plan for Australian Vintage Strategies Action Responsible managerial person Timeline Management of exchange rates Development of foreign currency policy Strategy supported by approval of external auditors Monitored on regular basis CFO On urgent basis to cope up with internal currencies. This strategy will remain consistent for upcoming 5 years. Supply chain management Maintaining good relations with the filler/packer. Internationalization of supply chain Selection of appropriate distribution channel for product as based on market environment Inventory manager Updating policies and procedures within a time lag of two months. This strategy will remain consistent for in future. Policies in support to legislation Portraying a branded image of AVL Increasing sales in three key brands namely McGuigan, Tempus Two and Nepenthe Focus on growing exports in new markets as well as controlling costs of operations Campaign related to health and social benefits of moderate wine consumption. Internal auditor and company secretary Development and implementation of new policies as per updated law on immediate basis, i.e. 1 month. This strategy will remain consistent for upcoming 3-5 years. Managerial authorities of the company are required to cope up with the cited strategies in the developed action plan in order to mitigate their losses and to attain opportunities for better profit. References Christopher, M. (2016).Logistics supply chain management. Pearson UK. Reynolds, E. (2016). Australian vintage report: Short and sweet.Australian and New Zealand Grapegrower and Winemaker, (628), 14. Rowley, M. (2017). Supply and demand: Supply and demand dynamics for Australian wine following vintage 2016.Wine Viticulture Journal,32(3), 58. Visscher, P. M. (2014). Statistical analysis of the price and subjective quality ratings on Australian wines.arXiv preprint arXiv:1402.3646. Winemakers Federation of Australia (2017), Actions for Industry Profitability 2014 201. Retrieved on 23rd October 2017, from https://wfa.org.au/assets/noticeboard/Actions-for-Industry-Profitability-2014-2016-Dec-13.pdf