Monday, February 24, 2020

Product Development of LOreal Assignment Example | Topics and Well Written Essays - 1000 words

Product Development of LOreal - Assignment Example L'Oreal is involved in consumer-driven products especially the cosmetic products which are considered to be the neat business. Irrespective of the nature of the business, the company is committed towards its moral and ethical responsibilities. The objective of the company is to represent itself as "global citizen". The company has pursued reforms and plans to achieve sustainable development; the company was recognized as the top 100 sustainable companies in an international survey by Innovest and Corporate Knights. The company has received several acclamations; it has been listed among the leading ethical companies and is committed towards sustainable investment indices. The company has evaluated its business opportunities and has mitigated the economic risks and challenges of governance. L'Oreal took the major initiative by committing itself towards corporate social responsibility; the company is the signatory of the French Union of Advertisers' Charter (Sustainable Development Repo rt, 2007). The company has launched the L'Oreal Corporate Foundation; this foundation has taken significant initiatives for the promotion of education and healthcare. The foundation was launched with an initial budget of '40 million for a period of five years. The company has been a signatory of Bali Communiqu'; and has therefore undertaken measures towards carbon-dioxide emission reduction and water conservation (Sustainable Development Report, 2007). The precise introduction in actual interprets the product development strategy of the company. The cosmetic industry is regarded as a challenging market with several local and foreign brands; therefore the brand is always in a tough position to achieve market shares in countries where people with conservative approach survive. L'Oreal has realized that through international label it will never achieve market shares, rather for securing shares in distinct cultural society the company has to initially personify traditional approach. The initiatives undertaken by the company in the social, educational and healthcare sector is an attempt to seek acceptance among the distinct. The packaging of the cosmetic product is another crucial area to ensure and achieve product development. The packaging of the cosmetic products as per customer-specific requirements has influenced the product development strategy of the company. The core of the product development scheme is to achieve customer satis faction, and in special cases, it has been to direct the customer towards certain revelations for the improvement of living standards. The company has taken initiatives to ensure that manufacturing of the products includes environmental friendly items, and the recyclable items have been given ample focus. The major drift towards the environmental aspects by the company has been with the intent to secure acceptance among masses. The new and refined version of product development has brought laurels and success for the company. Â  

Friday, February 7, 2020

Language Is Culture Essay Example | Topics and Well Written Essays - 750 words

Language Is Culture - Essay Example In the modern world, it is a fact that languages of European origin, such as French, English, Spanish, and Portuguese, are the most dominant with people from many countries speaking them, despite their not being their native tongues. It is because of this dominance in language that western culture has also gained dominance in the globe and as a result, there has developed an erosion of other cultures and their achievements. It is through language that human beings can be able to give voice to their achievements but this has not been the case, especially in the African perspective. When I read Diop’s book, I came to the conclusion that despite the fact that modern civilization has its origins among the ancient African nations, this claim to greatness has come to be marred by the dominance of languages of European origin. As a result of the dominance of their language, people of western origin are able to give voice to the achievements of their race to the detriment of the achie vements of others. That is the reason why I have come to subscribe to the statement made by Malcolm X in his autobiography that he had, â€Å"†¦no mercy or compassion in me for a society that will crush people, and then penalize them for not being able to stand up under the weight† (Malcolm and Haley, 2007). I have come to find that among the biggest concerns in many countries today is the fact that their future generations are going to be so much influenced by the western culture that they will no longer place any value on their own. Among the reasons for this has been the increasing preference of the younger generations to speak western languages over their local languages; a circumstance that many individuals in these feel will have implications on their people and culture. One would argue that if the study of local languages would be made compulsory in schools, many individuals, especially in the nonwestern parts of the world