Success Factors in the World Toy Industry Essay - 23

Success Factors in the World Toy Industry - Essay Example This is because wherever there is a fair competition market structure, the number of competitors becomes many, with each having its own business strategy. Whiles doing this, ways in which the company can take advantage of globalization through international expansion shall also be reviewed. Quote (year) noted that every industry has its own success factors, some of which are internal and others, external. As far as the toy industry is concerned, a similar situation can be seen. From the outcome of the market research by Key Note (2014), one identifies three major success factors that influence the outcome of the toy industry as to whether a particular company will be successful or not. The first of these is the child population in the market, which in this case is the UK market. This is an important success factor given that children serve as the direct consumers of toys and toy products. From Appendix A, it can be seen that there is a very favorable trend of child population whereby the number of children within the population keeps increasing by the year. The second success factor that is also reflected in the Key Note report has to do with the household activity of families in the UK. Quote (year) noted that household activity forms an important demographic factor that directly influences the purchasing behavior of families. As a success factor, it is expected that it is expected that most households will be involved in economic and social activities that make it possible for them to buy toys for their children. With this said, it can be seen from appendix B that there are several homes without dependent children. This is a bad indication for the toy industry because the more dependent children there are the more likely it is for there to be patronage of toys. Meanwhile, the number of workless households keeps reducing by the year, which means that the likelihood of homes to be able to afford different kinds of toys is higher.

Scott Joplin Essay Example | Topics and Well Written Essays - 500 words - 1

Scott Joplin - Essay Example The exact details of Scott Joplin's birth are uncertain, but he was born probably in Linden Texas, between June 1, 1867 and mid-January 1868. He had five siblings, among which he was the second child. His parents were Florence Givins and Giles Joplin. When he was still a very young child his family moved to Texarkana, where his mother cleaned homes for a living. Because of his mother's work he was able to delve into music, and eventually his mother bought him a piano. His talent was noticed by a German music teacher, Julius Weiss, who decided to teach him for free. His experience with Weiss probably spurred him on his musical career. He went to George R. Smith College in Sedalia, where he studied composition. Around 1891 Joplin was in a minstrel troupe, and by 1895 he was in New York, selling some songs. In 1894 he moved to Sedalia, where he worked as a pianist in various places, including gentlemen's clubs.