Thursday, May 21, 2020
Summary of the Novel Catcher in the Rye Catcher In The Rye Summary The story begins with a seventeen year-old Holden CaulfieldÃ¢â¬â¢s description of his encounters with the students and the faculty of Pencey Prep, Agerstown in Pennsylvania. Holden criticizes them of being phony or superficial. Because of his poor performance academically, Holden is expelled from the school. He then packs and leaves the school after a physical clash with the roommate in the middle of the night. Holden boards a train to New York; however, he doesnÃ¢â¬â¢t want to return to the family and therefore checks into a hotel. In the Hotel, he dances with three tourist girls in the evening and gets into an awkward encounter with Sunny, a young prostitute who seems to be of his age. As the prostitute enters the room, HoldenÃ¢â¬â¢s attitude changes and he becomes very uncomfortable with his situation. The prostitute becomes annoyed and leaves when Holden tells her that they need to talk, however, he pays for her time. Later, the prostitute and her pimp, Maurice, return to H oldenÃ¢â¬â¢s room and demand for more pay than what was initially agreed on. Sunny goes ahead and takes five dollars from the wallet of Holden, and not to be enough, Holden is punched in the stomach by Maurice. Holden invites Sally Hayes, his old girlfriend, to see a musical. Sally agrees very excitedly and both of them meet for the play. They go skating after the play, and Holden hastily invites her to run away with him. However, Sally declines. Holdens mood is then deflated by SallyÃ¢â¬â¢s response. She walks away as Holden pleads with her to accept the apology; however, he gives up and retreats. Holden stays in the city for three days, characterized by loneliness and drunkenness. He finds himself in a museum at one point and there, he compares his life to the statues of Eskimos that were on display, which had not been changing for as long as he could remember. He eventually sneaks into the apartment of his parents when the parents are away. His sister, Phoebe, is the only person he can communicate with. Phoebe views him as a hero as she is unaware that Holden views her in a virtually identical manner. Holden shares his fantasy: he looks at himself as a guardian of children playing in t he rye field on a cliffÃ¢â¬â¢s edge, and his job as a guardian is to catch the children shall they wander near the brink. He misinterprets Ã¢â¬Å"catcher in the ryeÃ¢â¬ to mean Ã¢â¬Å"saving children from losing their innocence.Ã¢â¬ In the middle of the night, Holden leaves the parentÃ¢â¬â¢s apartment and visits Mr. Antolini, a former English teacher. He is advised on life and offered a place to sleep. The advice from Mr. Antolini is at odds with his intentions of becoming catcher in the rye. When he wakes up in the night and finds Mr. Antolini patting his head in a flitty way, he is very much upset. He then leaves and spends the last afternoon roving the city, and questioning his interpretation of the actions of Mr. Antolini. Holden decides to head out west and his little sister, Phoebe decides to go with him. However, he refuses to have the company of the sister. The sister is upset and Holden cancels his plan. He then takes her to Central Park Zoo. As Phoebe rides the carousel, he realizes his mistake as he comes to the reality that he is not the Ã¢â¬Å"Catcher in the Rye and he needs help. The story concludes without much mention of the present day. However, Holden alludes to being in a mental hospital after getting sick and states that in September, he shall be attending another school.
Wednesday, May 6, 2020
Since 2006, more than 500 Bangladeshi workers have died in factory fires, according to Clean Clothes Campaign, an anti-sweatshop advocacy group in Amsterdam. Experts say many of the fires could have easily been avoided if the factories had taken the right precautions. Many factories are in cramped neighborhoods and have too few fire escapes, and they widely flout safety measures. The industry employs more than three million workers in Bangladesh, most of them women. Activists say that global clothing brands like Tommy Hilfiger and the Gap and those sold by Walmart need to take responsibility for the working conditions in Bangladeshi factories that produce their clothes. From article by Vikas Bajaj published in The New York Times,Ã¢â¬ ¦show more contentÃ¢â¬ ¦Large corporations with international undertakings stand accused of social injustice, unfair working conditions (including slave labor wages, living and working conditions), as well as lack of concern for environment, mismanagement of natural resources, and ecological damage. However, protest objectives extend beyond the claimed corporate impropriety. Multinational economic institutions, such as the World Trade Organization, the World Bank, and the International Monetary Fund, are seen as establishing, monitoring, and rendering judgments on global trade practices, and are viewed as the spearheads of economic globalization. These institutions, considering being the servants of corporate interests, exercising more power than elected governments and interested only in the profit motive, have increasingly become principal demonstrating targets. Although multinational corporations and international trade institutions are the subject of criticism, not all observers share a negative perspective. Many commentaries are published which speak in favor of beneficial and positive accomplishments, especially in relation to the international institutions. For instance, free trade positively contributes to overall development of the world. Global free trade promotes global economic growth, it creates jobs, makes companies more competitive, and lowersShow MoreRelatedCompare and Contrast the Current Era of Globalization with the First Age of Globalization (1850s-1920s). What Are the Advantages and Disadvantages of Globalization in Its Current Context?1720 Words Ã |Ã 7 Pagescurrent era of globalization with the first age of globalization (1850s-1920s). What are the advantages and disadvantages of globalization in its current context? Word count: 1530 Ã Unit Coordinator: Dr Tony Ramsay I am going to contrast the current era of globalization with the first age of globalization in many different aspects, in the mean time analysis the merits and demerits ofÃ£â¬â¬globalization in its current context. John and Kenneth (2012, p. 28) find that the concept of globalization means theRead MoreNeo Liberal Institutionalism And The World Trade Organization1616 Words Ã |Ã 7 Pagesand upgrading exchange and thriving. Utilizing GATT/WTO as an illustration, clarify the qualities and shortcomings of how these foundations manage and ensure exchange. The World Trade Organization is one of the most youthful worldwide associations thus as to oversee exchange, cognizance in worldwide financial strategy making is critical.the WTO collaborates with global associations, for instance, the World Bank and International asset. The WTO allots 10 focal points to advancing a tetramerous corporateRead MorePros and Cons of Globalization873 Words Ã |Ã 4 PagesThe Pros People have been on the move, traded, migrated and colonized in the earlier times; while in the process they transformed both places that they traveled to and the places that they came from. The pro-globalization people say that it is not just good for the rich but itÃ¢â¬â¢s good for the poor, because back in the 1990Ã¢â¬â¢s, when globalization took off, about 200 million people got out of poverty in places like India and China. Globalization is the process by which economies of countries aroundRead MoreEssay on Anti Globalization3397 Words Ã |Ã 14 PagesAntiglobalization Anti-globalization is a term used to describe the political stance of individuals and groups who oppose the neoliberal form of globalization (using the term globalization in a doctrinal sense not a literal one). Anti-globalization is also used to refer to opposition to international integration (using the term globalization in a literal sense not a doctrinal one). Anti-globalization can denote either a single social movement or an umbrella term that encompasses a number ofRead More The World Trade Organization Where ItÃ¢â¬â¢s Been and WhereÃ¢â¬â¢s ItÃ¢â¬â¢s Going?3434 Words Ã |Ã 14 PagesWhere ItÃ¢â¬â¢s Been and WhereÃ¢â¬â¢s ItÃ¢â¬â¢s Going? Even dating back to times of Aristotle there has always been some form of trade and along with trade came rules and regulations. In the time of Aristotle trading took place on a smaller scale and between people much like bartering. In the modern world trade is what makes the world function on a broader and larger scale. We have become globalized as a world and we now are engaged in free trade, among many countries. There still needs to be regulationsRead MoreThe Effects of Globalization on the Phillipines and India Essay2038 Words Ã |Ã 9 PagesThe Effects of Globalization on the Philippines and India Lloyd Wood In this paper the author will briefly look at the globalization of two nations, the Philippines and India. We will look at each country before globalization, the turning point where globalization began for each nation, and finally the effects of globalization on each country. This writer believes it can be successfully argued that the globalization of each country has improved the overall standard of living in eachRead MoreGlobalization: New Form of Colonization2157 Words Ã |Ã 9 PagesGlobalization: A New Form of Colonization After the Second World War, a decolonization process took place - for previously slaved and colonized nations - supposedly ending almost four centuries of slavery and exploitation. It was followed by the end of the cold war and the beginning of a new era: Globalization. Although there is no exact definition of the word globalization, some experts believe that Ã¢â¬Å"the process of globalization not only includes opening up of world trade, development of advancedRead MoreEconomic Globalization Is The Growing Integration Of World Markets1696 Words Ã |Ã 7 PagesEconomic globalization is the growing integration of world markets and the intensifying interdependence of global economies. The process has social and economic costs as well as benefits. The process is both critiqued and lauded by scholars. On one hand it provides opportunities and growth while on the other hand it creates an unequal distribution of wealth also while hurting workers rights. At the conclusion of World War II, Harry White and John Maynard Keynes aimed to create a financialRead MoreGlobalization, Privatization, and Militarization: Impacts on Criminal Justice1717 Words Ã |Ã 7 PagesGlobalization, Privatization, and Militarization: Impacts on Criminal Justice INTRODUCTION Over the years, the criminal justice system has seen many changes. These changes have taken place due to the economy, social changes, environmental changes, and even cultural changes. Three items in particular that have affected the criminal justice system world-wide are globalization, privatization, and militarization. This paper will discuss the history of globalization, privatization, militarizationRead MoreBananas, Chiquita, and Globalization1604 Words Ã |Ã 7 PagesBananas, Chiquita and Globalization While globalization is a relatively new phenomenon in theory, but not necessarily in history, as of 2009 it has created transnational corporations linked to government, international economic institutions, and non-government organizations. (Steger 67). With this definition bananas are a textbook example of the globalization of tropical fruit commodities. The transnational corporations of the United States, most notably Chiquita, Dole and Del Monte, have been
History helps define a nationÃ¢â¬â¢s Ã¢â¬Å"mission,Ã¢â¬ how t perceives Its neighbors, how It sees its place In the world, and how It sees itself. The history of a country is important in understanding many aspects of a culture. One cannot fully understand how businesspeople negotiate, how they conduct business, their attitudes toward foreign investment, the legal system, and other aspects of the market/business system without a historical perspective. We will write a custom essay sample on History and GeographyÃ¢â¬Å"the Foundations of Culture or any similar topic only for you Order Now A historical perspective helps prepare an International marketer for many of the cultural differences that often cause misunderstandings and In many cases, mistakes. While a racketeer may not be able to change a personÃ¢â¬â¢s attitude or behavior, if you have an historical perspective of why they react as they do, you can gain insights that can possibly make it easier to adapt your strategies for a successful outcome. To understand, explain, and appreciate a peopleÃ¢â¬â¢s image of itself and the attitudes and unconscious fears that reflected In its view of foreign cultures, it is necessary to study the culture as It Is now as well as to understand the culture as It was-?that is, a countryÃ¢â¬â¢s history. Loyalty to family, to country, to company, and to social groups and he strong drive to cooperate, to work together for a common cause, permeate many facets of Japanese behavior and have historical roots that date back thousands of years. To understand, explain, and appreciate a peopleÃ¢â¬â¢s image of itself and the fundamental attitudes and unconscious fears that are often reflected in its view of foreign cultures, it is necessary to study the culture as it is now as well as to understand culture as It was, that Is, a countryÃ¢â¬â¢s history. An awareness of the history of a country Is particularly effective for understanding attitudes about the role of overspent and business, the relations between managers and the managed, the sources of management authority, and attitudes toward foreign MacÃ¢â¬â¢s. History is what helps define a nationÃ¢â¬â¢s Ã¢â¬Å"mission,Ã¢â¬ how it perceives its neighbors, and how it sees its place in the world. To understand a countryÃ¢â¬â¢s attitudes, prejudices, and fears it is necessary to look beyond the surface or current events to the Inner refinement of the countryÃ¢â¬â¢s entire past for clues. Geography Is a study of the physical characteristics of a particular region of the earth. Involved in this study are climate, topography, and population. The interaction of the physical characteristics is one of the principal determinants of a countryÃ¢â¬â¢s customs, products, industries, needs, and methods of satisfying those needs. Marketing is concerned with satisfying the needs of people. International marketing seeks out the whole world as its marketplace. Therefore, for an International marketer to know how to satisfy the needs of the International factors of the peopleÃ¢â¬â¢s needs are. International marketer must know that various climates and topographies do exist and that they are vital in shaping the marketing plans that an international marketer must make. As an example, a producer selling machinery in the tropics would have to realize that special protection is needed to keep a machine running properly in hot and humid climates. Study of geography is important in the evaluation of markets. Marketers need to be knowledgeable about the effects of geographic diversity on the economic profiles of various nations. Climate and topography are examined as facets of the broader and more important elements of geography. Knowledge about geography, the climate and physical terrain when appraising a market influences marketing from product adaptation to ore profound influences on the development of marketing systems. Climatic features affect the uses and functions of products and equipment. Companies looking to build manufacturing plants in countries with more liberal pollution regulations than they have at home are finding that regulations everywhere are becoming stricter. Many Asian governments are drafting new regulations and strictly enforcing existing ones. A strong motivator for Asia and the rest of the world is the realization that pollution is on the verge of getting completely out of control. Neither Western Europe nor the rest of the industrialized world are free of environmental mage; rivers are polluted and the atmosphere in many major urban areas is far from clean. The very process of controlling industrial wastes leads to another and perhaps equally critical issue: the disposal of hazardous waste, a by-product of pollution control. Estimates of hazardous wastes collected annually exceed 300 million tons; the critical question is disposal that does not move the problem elsewhere. The business community is responding positively to the notion that the focus must be on the global environment rather than the quality of the air, land, and water in our own backyards. An International Chamber of Commerce Industry Forum on the environment reflected a shift in company attitudes toward environmental issues away from a reactive and largely defensive stance to a proactive and constructive approach. Some disbeliever may dismiss such statements as Ã¢â¬Å"window dressingÃ¢â¬ and they could be, but the beginning of change is awareness. Responsibility for cleaning up the environment does not rest solely with governments, businesses, or activist groups. Each citizen has social and moral responsibility to include environmental protection among his/her highest goals. How to cite History and GeographyÃ¢â¬Å"the Foundations of Culture, Papers
Saturday, April 25, 2020
Promise at Dawn Review Paper Essay on Promise at Dawn First for me the book of the author, after reading that, I also gave myself a promise to read it all-all-all Katsev Roman was born in 1914, died (shot) in 1980, the Russian-Jewish origin, a French citizen, Consul General, Commander of the Order of the Legion of Honor, he wrote under pseudonyms, Romain Gary and Eugene Azar. He received the Prix Goncourt for his novel The roots of the sky. In this autobiographical novel writes about his impoverished childhood, learning to be a lawyer, how he fought pilot. But most importantly a gentle, exciting, extraordinary, never and nowhere does not read like the recognition of my love for his mother, just lay down his life at the feet of his beloved boy. Former actress, brought from Russia to France, his son, starving herself, takes up any job in no way denying your child, raising him with incredible faith in a better future for him We will write a custom essay sample on Promise at Dawn Review specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Promise at Dawn Review specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Promise at Dawn Review specifically for you FOR ONLY $16.38 $13.9/page Hire Writer After returning from the front at the end of war, received the order from the hands of de Gaulle published his first novel, proud of their achievements and hurrying to tell his mother that he could, that he survived, told her that at every moment, at every turning point in the war, he felt the cord, linking him with it, support it, when it actually saves his son from death its them a phone call, he finds out what is behind the letters that his mother sends him to the front and what is the final mystery of the great mother With what tenderness, wit, grace writes Romain Gary in the magnificent translation Efimova! How much thought, for example, about three monkey gods the god of stupidity, god of absolute truths and God prejudices and cliches that govern all human abomination, against which rises the soul of a writer, brought a good, naÃ ¯ve, persistent and courageous woman . I would like to quote a lot:.. immediately recognize myself in all sufferers, and feel the pain of every wound an incredible number of people can enjoy bullfights, watch without flinching, a wounded and bloodied bull But I do not I have one bull. Something of her courage moved me and left forever. Until now, it will and the courage to live in me, and is very difficult to me to exist, forbidding despair
Wednesday, March 18, 2020
Team Cohesiveness Groups that are cohesive feel committed and unified: Cohesion has often been cited as a central and crucial element in the development of a team of people working together. The most widely used definition cohesion is Ã¢â¬Å"a dynamic process which is reflected in the tendency for a group to stick together and remain united in the pursuit of its instrumental objectives and/or for the satisfaction of member affective needsÃ¢â¬ (Carron, Widmeyer, & Brawley, 1997, p. 3). Group cohesiveness varies widely based on numerous factors including the size of the group dependence of members upon the group achievement of goals status of the group management demands and pressures. For example, group cohesiveness increases strongly whenever the membership perceives a threat from the outside. This threat produces the high anxiety that strong group cohesiveness can help reduce. Effective teams have the ability to be more than just a group of individuals. For the team to develop cohesion and co-operation team members must understand and be committed to the vision, process and structure of the team. When working in a group, you are committed to the good of the team in order to succeed on your project. As the old saying goes Ã¢â¬Å" There is no Ã¢â¬Å"IÃ¢â¬ in Ã¢â¬Å"TeamÃ¢â¬ . You must be willing to put forth effort to work together for the greater good of the team in order to get your project completed. 2) The team and individuals within the team need goals, which are shared by the team members. Meaning you are all on the team for a reason, to succeed or in our case as University of Phoenix students, to graduate. If we all have the same common goal in mind, then working together should not be a problem. 3) The individual team members need to get personal satisfaction from being part of the team and achieving team goals. We all should respect each other as team members while working together. We all should gel together in order to get that p... Free Essays on Team Cohesiveness Free Essays on Team Cohesiveness Team Cohesiveness Groups that are cohesive feel committed and unified: Cohesion has often been cited as a central and crucial element in the development of a team of people working together. The most widely used definition cohesion is Ã¢â¬Å"a dynamic process which is reflected in the tendency for a group to stick together and remain united in the pursuit of its instrumental objectives and/or for the satisfaction of member affective needsÃ¢â¬ (Carron, Widmeyer, & Brawley, 1997, p. 3). Group cohesiveness varies widely based on numerous factors including the size of the group dependence of members upon the group achievement of goals status of the group management demands and pressures. For example, group cohesiveness increases strongly whenever the membership perceives a threat from the outside. This threat produces the high anxiety that strong group cohesiveness can help reduce. Effective teams have the ability to be more than just a group of individuals. For the team to develop cohesion and co-operation team members must understand and be committed to the vision, process and structure of the team. When working in a group, you are committed to the good of the team in order to succeed on your project. As the old saying goes Ã¢â¬Å" There is no Ã¢â¬Å"IÃ¢â¬ in Ã¢â¬Å"TeamÃ¢â¬ . You must be willing to put forth effort to work together for the greater good of the team in order to get your project completed. 2) The team and individuals within the team need goals, which are shared by the team members. Meaning you are all on the team for a reason, to succeed or in our case as University of Phoenix students, to graduate. If we all have the same common goal in mind, then working together should not be a problem. 3) The individual team members need to get personal satisfaction from being part of the team and achieving team goals. We all should respect each other as team members while working together. We all should gel together in order to get that p...
Sunday, March 1, 2020
Bronze Age Greece When Was the Greek Bronze Age?: Put Bronze Age Greece in Perspective: Major Intervals in Ancient History The Aegean Bronze Age, where Aegean refers to the Aegean Sea where Greece, the Cyclades, and Crete are situated, ran from about the beginning of the third millennium to the first, and was followed by the Dark Age. The Cyclades were prominent in the Early Bronze Age. On Crete, Minoan civilization named for the legendary king Minos of Crete, who ordered the building of the labyrinth is divided into Early, Middle, and Late Minoan (EM, MM, LM), which are further subdivided. Mycenaean civilization refers to late Bronze Age culture (c.1600 - c.1125 B.C.). Bronze Age - Glossary Entry The following paragraphs describe important terms to learn connected with the Greek Bronze Age. Cyclades: The Cyclades are islands in the south Aegean circling the island of Delos. During the Early Bronze Age (c. 3200-2100 B.C.) pottery, marble, and metal goods were produced that wound up in grave sites. Among these are the marble female figurines that inspired 20th century artists. Later in the Bronze Age the Cyclades showed influence from Minoan and Mycenaean cultures. Minoan Bronze Age: British archaeologist Sir Arthur Evans began excavating the island of Crete in 1899. He named the culture Minoan and divided it into periods. In the early period newcomers arrived and pottery styles changed. This was followed by the great palace-building civilization and Linear A. Catastrophes destroyed this civilization. When it recovered, there was a new style of writing known as Linear B. Further catastrophes marked the end of the Minoan Bronze Age. Early Minoan (EM) I-III, c.3000-2000 B.C.Middle Minoan (MM) I-III, c.2000-1600 B.C.Late Minoan (LM) I-III, c.1600-1050 B.C. Minoan Bronze AgeDark Age Greece Knossos: Knossos is a Bronze Age city and archaeological site in Crete. In 1900, Sir Arthur Evans bought the site where ruins had been found, and then worked on restoring its Minoan palace. Legend says King Minos lived at Knossos where he had Daedalus build the famous labyrinth to house the minotaur, the monstrous offspring of King Minos wife Pasiphae. KnossosThe Palace of Minos - Kris Hirst - Archaeology at About.comLabrysMinotaurDaedalus Mycenaeans: The Myceaneans, from mainland Greece, conquered the Minoans. They lived in fortified citadels. By 1400 B.C. their influence extended to Asia Minor, but they disappeared between about 1200 and 1100, at which time the Hittites also disappeared. Heinrich Schliemanns excavations of Troy, Mycenae, Tiryns, and Orchomenos revealed Mycenaean artifacts. Michael Ventris probably deciphered its writing, Mycenaean Greek. The connection between Myceaneans and the people described in the epics attributed to Homer, The Iliad and The Odyssey, is still debated. Who Were the Mycenaeans? Schliemann: Henirich Schliemann was a German maverick archaeologist who wanted to prove the historicity of the Trojan War, so he excavated an area of Turkey. Schliemann Linear A and B: Just as Schliemann is the name associated with Troy and Evans with the Minoans, so there is one name connected with the deciphering of Mycenaean script. This man is Michael Ventris who deciphered Linear B in 1952. The Mycenaean tablets he deciphered were found at Knossos, showing contact between Minoan and Mycenaean cultures. Linear A has not yet been deciphered. Linear A - Kris Hirst - Archaeology at About.comLinear B - Kris Hirst - Archaeology at About.com Graves: Archaeologists learn about the culture of ancient peoples by studying their remains. Graves are a particularly valuable source. At Mycenae, wealthy warrior chieftains and their families were buried in shaft graves. In the Late Bronze Age, warrior chieftains (and family) were buried in decorated Tholos tombs, round stone subterranean tombs with vaulted roofs. Shaft GravesTholos Tombs Bronze Age Resources: Crete The Concise Oxford Companion to Classical Literature. Ed. M.C. Howatson and Ian Chilvers. Oxford University Press, 1996. Neil Asher Silberman, Cyprian Broodbank, Alan A. D. Peatfield, James C. Wright, Elizabeth B. French Aegean Cultures The Oxford Companion to Archaeology. Brian M. Fagan, ed., Oxford University Press 1996. Lesson 7: Western Anatolia and the Eastern Aegean in the Early Bronze Age
Friday, February 14, 2020
Supply chain management - IKEA - Essay Example This means that from management, everyone in the company is motivated to do their best in their department to ensure that the company produces the best products possible. For example, the company makes sure that it employs the best people who will ensure quality in the companyÃ¢â¬â¢s products. Irrespective of the position being hired, the company ensures that it hires people with the best qualification and credentials. The human resource department ensures that it does back ground checks before hiring any employee to make sure that the credentials and qualifications they use to apply for job vacancies are true, and they possess the skills that they claim they have. This ensures that everyone in the supply chain of the IKEA company is a professional hence they will go about their duties as professionals which results in the success that the company experiences. Another supply chain management strategy that should be used in order for a company to maximize its profits is the Just in Time manufacturing (JIT) supply chain management concept. This is a strategy whereby a business establishment tries to increase their return on investment of the company (Inter IKEA Systems, 2012). The business organization does this by minimizing in processes associated with carrying cost and inventory. Carrying cost is the whole cost a business establishment incurs in its attempt of holding inventory. This cost includes rent salaries and other financial costs such as opportunity cost. Inventory is a term used to refer to any good or service that a company has (Cousins & Lawson, 2008). These goods and services are specifically stored for the purpose of reselling them. When one considers the two definitions and considers the IKEA... Another supply chain management strategy that should be used in order for a company to maximize its profits is the Just in Time manufacturing (JIT) supply chain management concept. This is a strategy whereby a business establishment tries to increase their return on investment of the company (Inter IKEA Systems, 2012). The business organization does this by minimizing in processes associated with carrying cost and inventory. Carrying cost is the whole cost a business establishment incurs in its attempt of holding inventory. This cost includes rent salaries and other financial costs such as opportunity cost.Ã Inventory is a term used to refer to any good or service that a company has (CousinsÃ & Lawson, 2008). These goods and services are specifically stored for the purpose of reselling them. When one considers the two definitions and considers the IKEA Company, then one will arrive at the conclusion that the IKEA Company has implemented this strategy in their business operation s. When one considers the company, it has various stores in different countries. Hence, the company minimizes all its inventory and carrying cost. The company does this by making sure that it sells all its stock, and if any inventory is left in one branch then it is transferred to a branch that is in need of such inventory. This minimizes the companyÃ¢â¬â¢s total stock since the company does not buy equipment that is unnecessary since such equipments can be gotten from other branches that the company holds.