Greek religion and mythology Essay Example for Free

Greek religion and mythology Essay In Greek religion and mythology, Pan (Ancient Greek: ÃŽ  Ã¡ ¾ ¶ÃŽ ½, PÄ n) is the god of the wild, shepherds and flocks, nature of mountain wilds, hunting and rustic music, and companion of the nymphs.[1] His name originates within the Ancient Greek language, from the word paein (πΠ¬ÃŽ µÃŽ ¹ÃŽ ½), meaning to pasture.[2] He has the hindquarters, legs, and horns of a goat, in the same manner as a faun or satyr. With his homeland in rustic Arcadia, he is recognized as the god of fields, groves, and wooded glens; because of this, Pan is connected to fertility and the season of spring. The ancient Greeks also considered Pan to be the god of theatrical criticism.[3] In Roman religion and myth, Pans counterpart was Faunus, a nature god who was the father of Bona Dea, sometimes identified as Fauna. In the 18th and 19th centuries, Pan became a significant figure in the Romantic movement of western Europe, and also in the 20th-century Neopagan movement.[4] Origins In his earliest appearance in literature, Pindars Pythian Ode iii. 78, Pan is associated with a mother goddess, perhaps Rhea or Cybele; Pindar refers to virgins worshipping Cybele and Pan near the poets house in Boeotia.[5] The parentage of Pan is unclear;[6] in some myths he is the son of Zeus, though generally he is the son of Hermes or Dionysus, with whom his mother is said to be a nymph, sometimes Dryope or, in Nonnus, Dionysiaca (14.92), Penelope of Mantineia in Arcadia. This nymph at some point in the tradition became conflated with Penelope, the wife of Odysseus. Pausanias 8.12.5 records the story that Penelope had in fact been unfaithful to her husband, who banished her to Mantineia upon his return. Other sources (Duris of Samos; the Vergilian commentator Servius) report that Penelope slept with all 108 suitors in Odysseus absence, and gave birth to Pan as a result.[7] This myth reflects the folk etymology that equates Pans name (ÃŽ  ÃŽ ¬ÃŽ ½) with the Greek word for all (Ï€á ¾ ¶ÃŽ ½).[8] It is more likely to be cognate with paein, to pasture, and to share an origin with the modern English word pasture. In 1924, Hermann Collitz suggested that Greek Pan and Indic Pushan might have a common Indo-European origin.[9] In the Mystery cults of the highly syncretic Hellenistic era[10] Pan is made cognate with Phanes/Protogonos, Zeus, Dionysus and Eros.[11] The Roman Faunus, a god of Indo-European origin, was equated with Pan. However, accounts of Pans genealogy are so varied that it must lie buried deep in mythic time. Like other nature spirits, Pan appears to be older than the Olympians, if it is true that he gave Artemis her hunting dogs and taught the secret of prophecy to Apollo. Pan might be multiplied as the Panes (Burkert 1985, III.3.2; Ruck and Staples 1994 p 132[12]) or the Paniskoi. Kerenyi (p. 174) notes from scholia that Aeschylus in Rhesus distinguished between two Pans, one the son of Zeus and twin of Arcas, and one a son of Cronus. In the retinue of Dionysos, or in depictions of wild landscapes, there appeared not only a great Pan, but also little Pans, Paniskoi, who played the same part as the Satyrs.

Feudalism in Men With Guns Essay -- Men With Guns Essays

Men With Guns contains in it many of the essential ingredients for a feudalist economy, some being more explicitly demonstrated than others, but important and evident all the same. In a feudalist society, distinction between private rights and public authority oftentimes disappeared and local control tended to become a personal matter. Feudal leaders often took over the responsibility for the economic security of "their" territories and dictated how resources were to be produced and used. There was also generally a contract of some sort between the workers and the bosses, such that the bosses could then more easily count on the "faithfulness" and obedience of the workers. Under a feudalist system, the bosses are able to exhibit hegemonic power over the workers as the workers have few options or choices. As this film demonstrates, workers can either work, starve, and or be killed. There are really no other good alternatives, and thus the bosses can extract all monopoly rent and continue to exercise feudal exploitation. This absence of "free choice" is one of the most essential ingredients in separating feudalism from other types of systems, such as capitalism. Another characteristic of feudalism is that those in charge often hired other individuals to enforce their established rules and to keep the workers under control (for example Knights). Many of the above stated characteristics are present in Men With Guns. However, it must be mentioned that Sayles chose to focus less on the actual production processes involved in feudalism (as he did in Matewan), and instead give the viewer a more in-depth sense of the conditions that push people into the feudalist system and how it can be perpetuated. Through the viewing of the... ...er their conditions, as workers. Furthermore, unfortunately even with the formation of the union nothing is guaranteed. We see this in Matewan where the union was apparently unsuccessful in its mission. In Norma Rae we, as the viewers, can only hope that the established union would in the end prove to be successful. From all of this, therefore, we can assume that with nothing whatsoever in place, and thus the lack of information for the workers in Men With Guns, the workers would instead have to continue living a life without much choice under the feudalist system that was in place. Their choices being: starvation, being murdered, or living alone in the wilderness deprived of any of their traditional commodities, accustomed standard of living, or cherished culture. Unfortunately, many conditions presented in this film are still occurring and evident today.

Simple Harmonic Motion

Physics Laboratory Report Simple Harmonic Motion: Determining the force constant Aim of experiment: The objective of this experiment is: 1. To study the simple harmonic motion of a mass-spring system 2. To estimate the force constant of a spring Principles involved: A horizontal or vertical mass-spring system can perform simple harmonic motion as shown below. If we know the period (T) of the motion and the mass (m), the force constant (k) of the spring can be determined. [pic] Consider pulling the mass of a horizontal mass-spring system to an extension x on a table, the mass subjected to a restoring force (F=-kx) stated by Hooke’s Law.If the mass is now released, it will move with acceleration (a) towards the equilibrium position. By Newton’s second law, the force (ma) acting on the mass is equal to the restoring force, i. e. ma = -kx a = -(k/m)x ————————-(1) As the movement continues, it performs a simple harmonic motion with angular velocity (? ) and has acceleration (a = -? 2x). By comparing it with equation (1), we have: ? = v(k/m) Thus, the period can be represented as follows: T = 2? /? T = 2? x v(m/k) T2 = (4? 2/k) m —————————(2)From the equation, it can be seen that the period of the simple harmonic motion is independent of the amplitude. As the result also applies to vertical mass-spring system, a vertical mass-spring system, which has a smaller frictional effects, is used in this experiment. Apparatus: Slotted mass (20g)x 9 Hanger (20g)x 1 Springx 1 Retort stand and clampx 1 Stop watchx 1 G-clampx 1 Procedure: 1. The apparatuses were set up as shown on the right. 2. No slotted mass was originally put into the hanger and it was set to oscillate in moderate amplitude. 3.The period (t1) for 20 complete oscillations was measured and recorded. 4. Step 3 was repeated to obtain another record (t2). 5. Steps 2 to 4 were repeated by adding one slotted mass to the hanger each time until all of the nine given masses have been used. 6. A graph of the square of the period (T2) against mass (m) was plotted. 7. A best-fitted line was drawn on the graph and its slope was measured. Precaution: 1. The oscillations of the spring were of moderate amplitudes to reduce errors. 2. The oscillations of the spring were carefully initiated so that the spring did not swing to ensure accurate results. . The spring used was carefully chosen that it could perform 20 oscillations with little decay in amplitude when the hanger was put on it, and it was not over-stretched when all the 9 slotted masses were put on it. This could ensure accurate and reliable results. 4. The experiment was carried out in a place with little air movement (wind), in order to reduce swinging of the spring during oscillations and errors of the experiment. 5. The spring was clamped tightly so that the spring did not slide during oscillation. It reduced ene rgy loss from the spring and ensured accurate results. . A G-clamp was used to attach the stand firmly on the bench.This reduced energy loss from the spring and ensured accurate results. Results |Hanger and slotted mass |20 periods / s |One period (T) |T2 / s2 | |(m) / kg | |/ s | | | |t1 |t2 |Mean | | | | |( ±0. 1s) |( ±0. s) |= (t1 + t2) / 2 | | | |0. 02 |5. 0 |5. 4 |5. 2 |0. 26 |0. 0676 | |0. 04 |6. 0 |6. 0 |6. 0 |0. 3 |0. 09 | |0. 06 |7. 0 |7. 0 |7. 0 |0. 35 |0. 1225 | |0. 08 |7. 8 |7. 8 |7. 8 |0. 9 |0. 1521 | |0. 10 |8. 6 |8. 6 |8. 6 |0. 43 |0. 1849 | |0. 12 |9. 4 |9. 5 |9. 45 |0. 4725 |0. 22325625 | |0. 14 |10. 1 |10. 1 |10. 1 |0. 505 |0. 255025 | |0. 16 |10. 5 |10. 4 |10. 45 |0. 5225 |0. 27300625 | |0. 8 |11. 1 |11. 3 |11. 2 |0. 56 |0. 3136 | |0. 20 |11. 9 |12. 0 |11. 95 |0. 5975 |0. 35700625 | Calculations and Interpretation of results [pic] From equation (2), the slope of the graph is equal to (4? 2/k), i. e. 1. 5968 = 4? 2/k k = 4? 2/1. 5968 ? 24. 723 Nm-1 ?The force c onstant of the spring is 24. 723 Nm-1. Sources of error 1. The spring swung during oscillations in the experiments. 2.As the amplitudes of oscillations were small, there was difficulty to determine whether an oscillation was completed. 3. Reaction time of observer was involved in time-taking. 4. Energy was lost from the oscillations of the spring to resonance of the spring. Order of Accuracy Absolute error in time-taking =  ±0. 1s |Hanger and slotted mass (m) / kg |20 periods / s |Relative error in time-taking | | |t1 |t2 | | | |( ±0. s) |( ±0. 1s) | | | | | |t1 |t2 | |0. 02 |5. 0 |5. 4 |2. 00% |1. 85% | |0. 04 |6. 0 |6. 0 |1. 67% |1. 67% | |0. 06 |7. 0 |7. 0 |1. 3% |1. 43% | |0. 08 |7. 8 |7. 8 |1. 28% |1. 28% | |0. 10 |8. 6 |8. 6 |1. 16% |1. 16% | |0. 12 |9. 4 |9. 5 |1. 06% |1. 05% | |0. 14 |10. 1 |10. 1 |0. 990% |0. 990% | |0. 6 |10. 5 |10. 4 |0. 952% |0. 962% | |0. 18 |11. 1 |11. 3 |0. 901% |0. 885% | |0. 20 |11. 9 |12. 0 |0. 840% |0. 833% | Improvement 1. The spring should be initiated to oscillate as vertical as possible to prevent swinging of the spring, which would cause energy loss from the spring and give inaccurate results. 2.Several observers could observe the oscillations of the spring and determine a more accurate and reliable result that whether the spring has completed an oscillation. 3. The time taken for oscillations should be taken by the same observer. This allows more reliable results as error-error cancellation of reaction time of the observer occurs. 4. The spring used should be made of a material that its resonance frequency is difficult to match. Discussion In this experiment, several assumptions were made. First, it is assumed that the spring used is weightless and resonance does not occur.Furthermore, it is assumed that no energy is lost from the spring to overcome the air resistance. Besides, it is assumed that no swinging of the spring occurs during the experiment. In addition, there were difficulties in carrying out the exper iment. For timing the oscillation, as the spring oscillates with moderate amplitude, it was hard to determine if a complete oscillation has been accomplished. Added to this, in drawing the best-fitted line, as all the points do not join to form a straight line, there was a little difficult encountered while drawing the line.Nevertheless, they were all solved. Several observers observed the oscillations of the spring and determined a more reliable result that whether the spring has completed an oscillation. For the best-fitted line, computer was employed to obtain a reliable graph. Conclusion The mass-spring system performs simple harmonic motion and the force constant of the spring used in this experiment is 24. 723 Nm-1. ———————– A graph of T2 against m Square of the period (T2) [pic] Simple Harmonic Motion Shanise Hawes 04/04/2012 Simple Harmonic Motion Lab Introduction: In this two part lab we sought out to demonstrate simple harmonic motion by observing the behavior of a spring. For the first part we needed to observe the motion or oscillation of a spring in order to find k, the spring constant; which is commonly described as how stiff the spring is. Using the equation Fs=-kx or, Fs=mg=kx; where Fs is the force of the spring, mg represents mass times gravity, and kx is the spring constant times the distance, we can mathematically isolate for the spring constant k.We can also graph the data collected and the slope of the line will reflect the spring constant. In the second part of the lab we used the equation T=2? mk, where T is the period of the spring. After calculating and graphing the data the x-intercept represented k, the spring constant. The spring constant is technically the measure of elasticity of the spring. Data: mass of weight | displacement| m (kg)| x (m)| 0. 1| 0. 12| 0 . 2| 0. 24| 0. 3 | 0. 36| 0. 4| 0. 48| 0. 5| 0. 60|We began the experiment by placing a helical spring on a clamp, creating a â€Å"spring system†. We then measured the distance from the bottom of the suspended spring to the floor. Next we placed a 100g weight on the bottom of the spring and then measured the displacement of the spring due to the weight . We repeated the procedure with 200g, 300g, 400g, and 500g weights. We then placed the recorded data for each trial into the equation Fs=mg=kx. For example: 300g weight mg=kx 0. 30kg9. 8ms2=k0. 36m 0. 30kg 9. 8ms20. 36m=k 8. 17kgs=kHere we graphed our collected data. The slope of the line verified that the spring constant is approximately 8. 17kgs. In the second part of the experiment we suspended a 100g weight from the bottom of the spring and pulled it very slightly in order to set the spring in motion. We then used a timer to time how long it took for the spring to make one complete oscillation. We repeated this for the 20 0g, 300g, 400g, and 500g weights. Next we divided the times by 30 in order to find the average period of oscillation. We then used the equation T2=4? mk to mathematically isolate and find k. Lastly we graphed our data in order to find the x-intercept which should represent the value of k. Data Collected: Derived Data: mass of weight | time of 30 osscillation | avg osscilation T| T2| | m (kg)| t (s)| t30 (s)| T2 s2| | 0. 10| 26. 35| 0. 88| 0. 77| | 0. 20| 33. 53| 1. 12| 1. 25| | 0. 30| 39. 34| 1. 31| 1. 72| | 0. 40| 44. 81| 1. 49| 2. 22| | 0. 50| 49. 78| 1. 66| 2. 76| | Going back to our equation T2=4? 2mk .We found the average period squared and the average mass and set the equation up as T2m=4? 2k. Since T2 is our change in y and m is our change in x, this also helped us to find the slope of our line. We got T2m equals approximately 4. 98s2kg. We now have 4. 98s2kg= 4? 2k. Rearranging we have k=4? 24. 98s2k= 7. 92N/m. Plotting the points and observing that the slope of our line is indeed approximately 4. 98 we see that the line does cross the x-axis at approximately 7. 92. Conclusion Prior to placing any additional weight onto our spring we measured the length of spring to be 0. 8m. So if we hooked an identical spring and an additional 200g the elongation of our total spring would be approximately 0. 8m; accounting for twice our spring and the . 24m the additional weight added. However, I believe the additional weight of the second spring would slightly elongate the initial spring; bringing it roughly over a meter. Since our spring elongation has almost tripled I believe that an effective spring constant would be triple that of what we found it to be initially, making a new spring constant of 24. 51kgs

Stock Market Report - Macys Inc - Free Essay Example

Sample details Pages: 9 Words: 2837 Downloads: 8 Date added: 2017/06/26 Category Business Essay Type Research paper Did you like this example? Stock Market Report Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc A Stock Market Report that reveals various areas of the publically traded company Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s. Student will share research and report on topics such as Company Background, Product Line, Competition, Diversity Management, etc. throughout this report. Stock Market Report Name of Company: Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. Ticker Symbol: M Security Market: NYSE Company History R.H. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Co., today known as Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. was founded by Rowland Hussey Macy, business man who owned four retail stores previously. In 1858, in New York City on Sixth Avenue-between thirteenth and fourteenth Streets the first R.H. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Co store opened. In 1875 Macy, took on two partners on his business venture Robert M. Valentine and Abiel La Forge. R.H. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Co started as a small dry goods store , with its expansions now carrying a variety of products including clothing, footwear, accessories, bedding, furniture, jewelry, beauty products, and house wares it has become the nationà ¢Ã¢â€š ¬Ã¢â€ž ¢s largest retailer. Through marketing and advertising they ensured the expansion success of the business. à ¢Ã¢â€š ¬Ã…“In 2014 Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s totaled seven-hundred and ninety-three total locations across the nationà ¢Ã¢â€š ¬Ã‚  (Macys Inc. 2012). The companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s headquarters is located in Cincinnati, Ohio, accompanied by a well-known flagship store in Herald Square located in Midtown Manhattan in New York City. à ¢Ã¢â€š ¬Ã…“Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s pioneered such revolutionary business practices such as the one-price system, in which the same item was sold to every customer at one price, and quoting specific prices for goods in newspaper advertisingà ¢Ã¢â€š ¬Ã‚ (Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc). After many acquisitions over the years that have both contracted and expanded the company. Macys Inc is divided into mid-tier Macys and Bloomingdales, an upper-tier store that sells more exclusive items. Currently in 2014, the CEO of Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s is Terry J. Lundgren . Macys has not only liberated business practices to suit their consumers, but they also provide the diversity of its merchandise to their customers. Product/Se rvice Line Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. is a global department retailer with stores across the nation carrying a variety of private brands and third party goods , including mens, womens and childrens apparel and accessories, cosmetics, home furnishings and other consumer goods. à ¢Ã¢â€š ¬Ã…“Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s offers powerful assortments and the best brands, tailored to each and every customer with obvious value, engaging service and unforgettable moments, creating a product mix that cannot be competed withà ¢Ã¢â€š ¬Ã‚ ( Sluzewsk, 2012). In the household department, various private brands such as can be found Dyson, Kitchen Aid, and Cuinstart. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s also carries private brands such as Calvin Klein, Tommy Hilfiger, Charter Club, and Ralph Lauren in all apparel departments including Menà ¢Ã¢â€š ¬Ã¢â€ž ¢s, Womenà ¢Ã¢â€š ¬Ã¢â€ž ¢s, and Childrenà ¢Ã¢â€š ¬Ã¢â€ž ¢s. Consumers can shop at Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s and purchase a Kitchen Aid Blender, Cliniqu e foundation, and Jessica Simpson heels in the same store. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s has the largest selection of private brands and exclusive lines, Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s also relies on big-name designers to get shoppers in the door. à ¢Ã¢â€š ¬Ã…“Such brands allow retailers to eliminate middlemen and capture more earnings. Exclusive partnerships, such as Macys with Madonna and J.C. Penney Co.s with Liz Claiborne, are also on the riseà ¢Ã¢â€š ¬Ã‚  (Miller). Mission Statement Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc mission statement is Our goal is to be a retailer with the ability to see opportunity on the horizon and have a clear path for capitalizing on it. To do so, we are moving faster than ever before, employing more technology and concentrating our resources on those elements most important to our core customers. (Alchin 2012). Most recently Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s has been implementing the M.O.M and Omni-Channel strategies to focus on capitalization of customer interaction to p roduce customer awareness. M.O.M strategy includes My Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢sis our formula for localization à ¢Ã¢â€š ¬Ã¢â‚¬Å" in merchandising, in marketing and in the shopping experience. The Omni-Channel Strategy also known as the Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s App à ¢Ã¢â€š ¬Ã…“ uses technology and mobile devices allows customers to browse online, then come to Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s to lie on the mattress or try on the shoes before buying them in the storeà ¢Ã¢â€š ¬Ã‚  (Sluzewsk). Competition Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s operates in the retail markets of United States which is a highly competitive in environment with an immense selection of market players offering a wide range of products. The company faces certain level of external threats in its competitive market of monopolistic competition exists. In monopolistic competition market or industry characterized by numerous buyers and relatively numerous sellers trying to differentiate their products from those of competitors. Ma cyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. largest competitors are Dillardà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc, J.C. Penny Corporation Inc. , and Saks Incorporated (Yahoo Finance). All three of Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s top competitors create this monopolistic environment by selling differentiated products, in their stores such as private-brand labeled goods. My Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s localization, Omni channel Strategy, and MAGIC Selling are what make Macys Inc products different from their competitors. The company implements all three of these strategies to set itself apart from competitors by providing a world class customer service with MAGIC Selling. The Omni channel creates personalized experience by recognizing and fostering brand advocacy while driving repeat purchases. Lastly, with My Macys localization, Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. is able to locate to fit each customerà ¢Ã¢â€š ¬Ã¢â€ž ¢s specific merchandise need. With diversity of its merchandise ensured at low prices, the three strategies stated above, it assists the company in defining its niche in retail markets. Industry Market Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s participates in the retail industry of department stores .The Retail Department Stores industry consists of companies engaged in the operation of department store chains including auxiliary Internet and mail order facilities; the industry is limited to department store retailers offering a diversified product line (Miller). à ¢Ã¢â€š ¬Ã…“The Department Store Industry collected about two hundred-billion in revenue dollars, with an annual profit growth of 0.3% in 2013à ¢Ã¢â€š ¬Ã‚  (IBIS World). Of the two hundred million in revenue collected by this industry, 9.35 billion belong to Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. à ¢Ã¢â€š ¬Ã…“Macys is the largest U.S.department storecompany by retail sales and is the sixteenth-largest retailer in theUnited Statesin 2013 in terms of revenueà ¢Ã¢â€š ¬Ã‚  (Hoovers). Products are sold throughout stores nationwide in the domestic marke t as well. Products are also sold in the global and international market through Macys Inc. Macys.com. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s markets its products in over one-hundred countries including Australia, Canada, the United Kingdom, Antigua and Barbuda, Argentina, Austria, Bahrain, Bangladesh, Barbados etc. à ¢Ã¢â€š ¬Ã…“International shipping will enable Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s to build upon its existing customer base beyond the United States by exposing our product offerings abroadà ¢Ã¢â€š ¬Ã‚ (Alchin). Ethical and Social Responsibility Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc has an ethic code that is both integrity and compliance based. The ethic code can be found on an internet website named eMag for Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s. The company does not have an ethics officer but if a problem occurs an HR Manager must be contacted. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc participates in many philanthropic pursuits whether ità ¢Ã¢â€š ¬Ã¢â€ž ¢s done internally with the help of employee engagement or exte rnally through customer engagement. Internally, Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc partnered with United Way fund to allow employees to contribute a portion of their paycheck weekly. à ¢Ã¢â€š ¬Ã…“More than 700 United Way chapters across the United States received contributions totaling more than $10.9 million from Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s, Inc. associates during 2013à ¢Ã¢â€š ¬Ã‚  (Sluzewsk).Another philanthropic pursuit carried out by Macys Inc. includes there Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s à ¢Ã¢â€š ¬Ã‹Å"Thanks For Sharing Programà ¢Ã¢â€š ¬Ã¢â€ž ¢ a holiday gift rewards program allowing customers to give back to charities while spending money in the store. à ¢Ã¢â€š ¬Ã…“Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s contributed $14.7 million to charities such as à ¢Ã¢â€š ¬Ã‹Å"Go Red for Women,à ¢Ã¢â€š ¬Ã¢â€ž ¢ à ¢Ã¢â€š ¬Ã‹Å"Make-A-Wish Foundation in 2013à ¢Ã¢â€š ¬Ã‚  (Sluzewsk). Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc is always involved in community relations with neighboring communities. In a recent campaign à ¢Ã ¢â€š ¬Ã…“Great Give Backà ¢Ã¢â€š ¬Ã‚  each Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s location nationwide was given a local park which they had to raise money for. At Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Tysonà ¢Ã¢â€š ¬Ã¢â€ž ¢s Corner in Virginia customers were encouraged to donate funds to support the Wolf Trap National Park Performing Arts in Vienna, Virginia. Diversity Management Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc does meet its corporate responsibilities by hiring minority workers. à ¢Ã¢â€š ¬Ã…“Racial minorities represent more than 52 percent of our associate team and more than 39 percent of our management teamà ¢Ã¢â€š ¬Ã‚  (Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s). Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc ensures that diverse perspectives are vital to their company promoting diversity greatly from the individual strengths of each associate. Public Safety Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s purchases its products through a third party company which legally requires them to offer safe products. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s private brand me rchandise allow unannounced factory inspections for contractual compliance, as well as for compliance with laws and regulations dealing with child or forced labor, wages and hours, and unsafe working conditions (Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s). The company does provide safe working conditions for its employees as well. At Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s, Inc., our commitment to safety and health is based on a vision to create an environment free of hazards for both employees and guests. Establishing, implementing and enforcing good safety standards and best practices at every location accomplish this (Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s). Environmental Policy The company takes measures to minimize overall waste and pollution by following à ¢Ã¢â€š ¬Ã…“Sustainability Guidelinesà ¢Ã¢â€š ¬Ã‚ . One of the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s policies on sustainability includes à ¢Ã¢â€š ¬Ã…“Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s 5-Point Action Planà ¢Ã¢â€š ¬Ã‚ , this plan is designed to ensure that Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s, Inc.à ¢Ã¢â€š ¬Ã¢â€ž ¢s commitment to sustainability is multidimensional. Point one ensures that Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc will be aggressive in our drive to eliminate wasteful behavior, point two ensures Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc will reduce our use of scarce resources in a meaningful way. Point three ensures that whenever possible and sensible within the context of our business requirements, Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s, Inc. will pursue the most environmentally-friendly solution. Today 100% Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s shopping bags are made of 100 percent recycled paper with 50 percent post-consumer content and are totally recyclable.(Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc) Point four Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc will take a comprehensive approach to sustainability, involving everyone around us we will measure what we do and strive toward quantifiable goals. According to business fact book Growth on all Fronts Terry Lundgren states à ¢Ã¢â€š ¬Ã…“As a leading national retailer with a signiÂà ‚ ¬Ãƒâ€šÃ‚ cant workforce, we have the opportunity to make a meaningful difference in improving the environment and we do so by using resources more efficiently and striving to reduce our overall impact on the environmentà ¢Ã¢â€š ¬Ã‚ (Sluzewsk). Form of Business Ownership Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc is a publically shared company owned by various banks and institutions. The company is considered a Conventional-Corporation because it has more than one hundred shareholders. Under the C-Corporation regulations, Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc also is a state-chartered legal entity with authority to separate from it ownerà ¢Ã¢â€š ¬Ã¢â€ž ¢s as well. Another factor that sets apart Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc into a C-Corporation is because it has liability separate from its owners. Cooperate Mergers Since its opening in 1858 Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc has had quite a few corporate mergers expanding the company into what we know as Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc today. Both horiz ontal mergers and horizontal acquisitions were made outside of the New York City region. In 1986 Edward Finkelstein, Chairman CEO of R. H. Macy Co., Inc., led a leveraged buy-out of the company and subsequently engaged in a takeover battle for department retailers(IBIS World). At the start of 1994, Federated began pursuing a merger with Macys. After a long and difficult courtship, R. H. Macy Co. finally merged withFederated Department Storeson December 19, 1994. Department stores in Federated Department Stores, Inc. were formed as a holding company by several different family-owned department stores, including Abraham Straus and FR Lazarus and Fileneà ¢Ã¢â€š ¬Ã¢â€ž ¢s of BostonFederated also merged itsAbraham Straus, Jordan Marshdivision with the new Macys East organization based in New York. In mid-1995 Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. sought to acquire the bankruptWoodward Lothrop/John Wanamakerorganization in the mid-Atlantic region. Consequently Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. l ost bid to rival group and future acquisition targetThe May Department Stores Company. Acquisition with The May Department Stores Company taken place on February 28, 2005, Federated agreed to terms of a deal to acquire.à ¢Ã¢â€š ¬Ã…“The May Department Stores Companyfor $11billion in stock, creating the nations second largest department store chain with $30billion in annual sales and more than 1,000 storesà ¢Ã¢â€š ¬Ã‚ (IBIS World). On July 28, 2005, Federated announced, based on the success of converting its own regional brands to the Macys name, its plans to similarly convert 330regional department stores (Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc). Product Distribution Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc distributes its products through three channels, including their own retail stores, e-commerce website, and fulfillment centers. The company uses e-tailing to sell their products as well. Macys.com has enabled customers globally; to order merchandise from Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s that cannot be found in stores in their home country. With technology and mobile devices taking over Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s has implemented a distribution network that the company uses called OmniChannel. With OmniChannel pertains to in-store, online, and mobile customer interaction so it can have a 360-degree view of customer shopping habits, and so it can collaborate merchandising strategies and integrate the shopping experience across all channels. à ¢Ã¢â€š ¬Ã…“Macys goal has been to cater to the omnichannel consumer, not just in the sense to cater to each type of consumer, but Macys is also using digital technology for marketing purposesà ¢Ã¢â€š ¬Ã‚ (Miller). Marketing and Promotional Mix Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc, fosters various departments, which in result leaves target markets their products to a wide range of consumers varying in age and gender. The typical consumer shopping at Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s is bargain savvy and looking for the best price possible for a quality item. For example an expansion for a new Impulse apparel and accessories department, would be targeted toward 13- to 30-year-old shoppers. The company uses a combination of advertising, MAGIC selling, sales promotion, and credit incentives to inform consumers about their products. For example, when a customer applies for a Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Credit Card the cardholder is eligible for 20% discount off their purchase for that day and the subsequent day. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s also airs television ads before their sale events to inform customers for upcoming sales promotions. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s does have a public relations office located in New York City. They their stakeholders with information on topics including range of news items, such as scheduled events, personal promotions, awards, new products and services, sales and other financial data, accomplishments. Recently Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. has had favorable publicity from the media. The most recent press release are articles reporting topics such as expansion of private brands in a specific department. Tommy Hilfiger will expand his womenà ¢Ã¢â€š ¬Ã¢â€ž ¢s apparel brand, to bring in a collection with celebrity Zooey Deschanel that captures the classic à ¢Ã¢â€š ¬Ã…“American Iconà ¢Ã¢â€š ¬Ã‚  looks with an array of merchandise varying from skirts, to pants, and dresses (Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc). Financial Information à ¢Ã¢â€š ¬Ã…“Year over year, Macys, Inc. has seen revenues remain relatively flat $27.7BUSDto $27.9BUSD, though the company was able to grow net income from $1.3BUSDto $1.5BUSD. A reduction in the percentage of sales devoted to selling, general and administrative costs from 30.64% to 30.22% was a key component in the bottom line growth in the face of flat revenues.à ¢Ã¢â€š ¬Ã‚  (Miller). Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s also has assets totaling $21,634 dollars a $643 increase from last yearà ¢Ã¢â€š ¬Ã¢â€ž ¢s total. Total Liabilities and Shareholdersà ¢Ã¢â€š ¬Ã¢â€ž ¢ Equity for Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. was $21,623. For the 52 weeks of fiscal 2013, Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s, Inc.à ¢Ã¢â€š ¬Ã¢â€ž ¢s operating income totaled $2.678 billion.. Earnings per diluted share were $4.00 for fiscal 2013, excluding pre-tax expenses and asset impairment charges of $88 million. à ¢Ã¢â€š ¬Ã…“The company is reiterating its annual sales and earning guidance, initially provided on January 8, 2014. Comparable sales growth in fiscal 2014 is expected in the range of 2.5 percent to 3 percent. Earnings of $4.40 to $4.50 per share are expected in 2014.à ¢Ã¢â€š ¬Ã‚ (Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc). Closing Comments During the research and investigation of this report I learned different aspects of the company not only from an internal viewpoint but as well as an external viewpoint. After my investigations I believe Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Inc. stock is a good investment. I would invest in this company because through my research I have found that Macyà ¢Ã¢â€ š ¬Ã¢â€ž ¢s Inc is a sustainable company always using technology to its advantage, which is why the are one of the worldà ¢Ã¢â€š ¬Ã¢â€ž ¢s largest omni-channel retailers. In my investigations I also found that Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s has a made expansions in order to adapt to an ever-changing industry, which is key to staying profitable in this industry. In conclusion I would invest in Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s because the business practices are profitable and their social responsibilities are in line with my personal morals. Works Cited Alchin, Linda. Macys.Macys. Sisteen Ltd, 2012. Web. Apr. 2014. IBIS World. Department Stores in the US: Market Research Report.Department Stores in the US Market Research. NAICIS, Web. Apr. 2014. Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s: A History Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s, Inc.Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s: A History Macyà ¢Ã¢â€š ¬Ã¢â€ž ¢s, Inc.Macys Inc, 2014. Web. 05 Apr. 2014. Macys Inc (M) Ownership Summary.NASDAQ.com. 2014. Web. Apr. 2014. Macys, I nc. Names of Competitors.Macys, Inc. Names of Competitors. Hoover, 2011. Web. Apr. 2014. Miller.An Integrated Company Analysis of Macys. Business Library, Dec. 2013. Web. 2014. Nickels, William G., James M. McHugh, and Susan M. McHugh.Understanding Business. New York: McGraw-Hill Irwin, 2013. Print. Sluzewsk, Jim.Growth on All Fronts.FDS.com. Macys Inc., 2012. 2014. Print. Strider. Press Release Investor Relations Macys Inc.Press Release Investor Relations Macys Inc.Macys Inc., 2014. Web. Apr. 2014. Yahoo Finance. Macys, Inc. Company Profile.Yahoo Finance. Yahoo, 2013. Web. Apr. 2014. Don’t waste time! Our writers will create an original "Stock Market Report Macys Inc" essay for you Create order