EDU 508 Family Chapter Presentations Assignment Example | Topics and Well Written Essays - 250 words

EDU 508 Family Chapter Presentations - Assignment Example The transition helps the child when leaving secondary school life and prepares him for adult life. One of the greatest challenges is faced in the transition period. During this period, parents and facilitators must engage in substantive dialogue about the child. In most cases, families from diverse backgrounds get upset or confused. The issue behind this setback is culture. I would employ an intercultural communication approach so that the parents who play key role in development of IEP appreciate their culture rather than feel upset or confused. The assessment done on the students revealed that the student is disabled and must be accommodated in the learning atmosphere. The criterion used by the team is satisfactory to help the needy child. It has identified some ways to accommodate the students with disability in a future classroom and as shown in the film and the lessons learnt from the

Is Hip Hop a Culture Essay Example | Topics and Well Written Essays - 1750 words

Is Hip Hop a Culture - Essay Example It started with house parties at the home of Clive Campbell, or DJ Kool Herc, as he is known, a figure that is widely associated as "the father of Hip Hop" (Hess, 2007). Overtime, the parties became more frequent, attendance grew and the movement spread across the borough. The pioneering stage of Hip Hop was developing at these parties, with Jamaican-inspired events such as impromptu toasting or loud, boastful poetry reading about current events and hardships the main highlights of the soirees. The location of the inception of Hip Hop, and the period in modern American history in which this happened are not a coincidence. The 1970s were a time where social classes were further being cemented in urban cities across America, and the Black youth was feeling resentful towards their dismal standards of living. Furthermore, street gangs were aplenty in the streets of South Bronx at the time, as they still are today, a sign of the struggle with poverty of the region. Due to the competitiven ess of the gangs, Hip Hop evolved further as it became a lot about the gangs beating each other in the form of graffiti, or rap, or breakdancing, as opposed to beating each other up (Rose, 2008). And so, it was recognized that the kids of the Bronx and other such beaten down neighborhoods could shape their violent urges into creative ones, and crews focusing on dance, graffiti, rap music began cropping up in the form of Zulu Nation (Rahn, 2002). Over time, the movement gained enough attention to garner dedicated articles and documentaries. Therefore, Hip Hop came to be. While it is true that Hip Hop may have been the result of the united creativity of some poor American kids, what it has grown into is something much bigger. Many argue that it is now one of the most important modern cultures of all time, having an effect on teenagers and the young worldwide (Price, 2006). The incentive behind these frequent get-togethers was to let troubled teenagers stay out of trouble, out of the s treets and to give them an outlet for their frustrations without any physical danger to them or anyone else. There are, of course, many critics weighing in on how valuable Hip Hop has been to American kids and the society in general (Lewis, 2009). Many people around the United States of America, and the world, too, argue that Hip Hop has been a negative influence on the youth. It is widely known and acknowledged that Hip Hop came into existence as a distraction for the economically depressed youth of the Bronx. Many of the active players in this movement were Black teenagers, mostly boys that were also in gangs. Over time, this image of Hip Hop has not changed much and instead, has been propagated by music videos that glorify sex, drugs and weapons. Many argue that Hip Hop is an art belonging to the hooligans of society. Moreover, many music videos frequently portray rich Black men visiting clubs and bars, dancing with barely dressed women rapping about money and sex. In fact, many a time, Hip Hop dancers and rappers are frequently associated with criminal tendencies, and do not always harbor a stellar reputation among the more conservative and orthodox members of society. Many experts had recommended that Hip Hop be given official

Analysis of Sports Bar Businesses in India for Opportunities

Analysis of Sports Bar Businesses in India for Opportunities Sports Bar Business in India from a Cultural and Branding Perspective INTRODUCTION Post liberalization the Indian economy has grown exponentially. The fall out of this is the increase in disposable income of the consumers, emergence of credit card culture and the decreasing size of households. The change in the economic status is the catalyst to the change in the social and cultural trends that have caused the change in the way a consumer views everyday food and beverages. The consumer today has very different preferences. Consumers today are more aware about different things in the world due to extensive travel and foreign media. These are some of the social and economic reasons behind the consumer moving towards fine dining, imported spirits and wine as opposed to conventional beverages. Due to this paradigm shift coffee shops, restaurants, fast food joints and bars have become successful. India is relatively new to the concept of a bar. In India bars are located mostly in the metros like Delhi, Mumbai, Bangalore, Hyderabad etc. Sports bars in particular are very new to our country and are growing at a very rapid rate. The advent of IPL and the increase in craze for club football and F1 has only boosted its prospects. LITERATURE REVIEW The Indian economy is booming and the living standards and the lifestyles in the urban areas are fast changing. Entertainment as an industry is growing exponentially over the past decade. From the turn of the 21st century more and more avenues of entertainment have opened up in our country. Eating out as a form of entertainment has been catching up over the last decade. More and more families are going out for dinner or lunch on a regular basis and this is a form of entertainment for them. Changing Indian Economy Consumer Preferences: As of 2007 the median age of India is 24. Due to the abundant job opportunities and the surge in the economy the amount spent by a consumer on alcohol has increased significantly. The number of women working has increased by a large percentage and due to this the double income households have more disposable income. They can afford give their children more pocket money and they are spending a far greater amount socializing in restaurants and bars. The expenditure of consumers on alcohol drinks has increased by 650% from 1995-2007. (Consumer Lifestyles india, 2008) The rise in income is leading to overall growth in consumption by an average Indian. Eating out on a regular basis has now come to become a cool habit. Eating outside is becoming more and more popular. According to a research conducted by Federation Of Hotel and restaurant Association of India (www.fhari.com 2005) there are 10 million households in India with an average income of Rs 46,000/month and 2 million households with average income of 115,000/month. Due to the change in their economic strata, eating out has become a trend within these elite groups. There are 100 million 17-21 year old in India, and six out of 10 households have a child that was born in the post liberalization and has been brought up with no guilt of consumption. It is estimated that as of 2005 there are 5,00,000 restaurants in the organised sector and this will only increase in the future. According to a survey conducted by The Economic Times, 1.7 percent of Indians dine out more than once a week, 2.5 percent do so once a week and around 2.1 percent dine outside once a fortnight. About 5.5 percent eat out of home once a month on an average and 5.4 percent eat out once every 2-3 months. Around 8 percent say eating out is relegated only to festivals. For 69.6 percent eating out is a rather rare occasion. (Ref: The Economic Times, 21 May,2005). The consumers in the urban areas are more aware of the international brands due to their exposure from offshore travel and media and do not hesitate to pay for premium goods. According to National Council for Applied Economic Research (NCAER) there are five classes of consumer households and the greatest growth is in the upper strata. Upper strata are defined as households with income in excess of Rs 215,000. More than 80% of the top earning households in India are located in the top seven cities of our country. Due to this most of the disposable income in the country is located in these areas. This is the reason behind the growth rate of restaurants, coffee shops, fast food joints and bars in these cities. Another major factor influencing the growth in the food and beverage industry in India is the fact that more than 70% of the countrys population is under the age of 40. This explains the rise of expenditure on leisure products and entertainment. (Sarin, 2005) Indian Theme Restaurants: However, eating out as a concept is also fast changing. People want to break away from the monotony of eating in the same food joints and are looking for more experiential and new avenues to hang out and spend time with their family and friends. Themed restaurants and bars are the flavour of the season. More and more themed bars and restaurants are mushrooming in various metros like across India. A number of theme restaurants have been successful in India. Some of the successful and well know theme restaurants are Mercurries in Delhi Theme, Solar system Orient Express at the Taj Palace New Delhi Theme, Railway carriage of yore Village in Mumbai Theme, Indian village Gufaa Ohris in Hyderabad Theme, Dungeon etc. Serengeti Ohris in Hyderabad Theme, Jungle (Roy, 2008) Each of these theme based restaurants has been successful as the people are looking for a lot more than just eating at the food joints. The time they spend at the restaurant is made more enjoyable interactive and memorable because of the different concepts of these restaurants. This theme based format has been inspired from the success stories of the west. Indian Theme Bars/Sports Bars: Another popular retail format which is just picking up in the Indian market is the bars. Bars in India have mostly mushroomed around metros and other urban areas. There are very few bars in other parts of the country. Traditionally consumers bought the liquor at wine shops and consumed them at home. However, now with the advent of Restaurant/Bars, Bars and clubs, the consumption habits are changing. Bars in India are of various types. Some are social bars where people get together to socialise drink, eat and have fun. Some of these bars are theme based like the Hard Rock Cafe and TGIF. Then there are the shady bars where only men go. Bars with a big enough dance floor are termed as nightclubs. Sports bars are another kind of bars which have just made their way into the Indian market. Sports bars are bars where sports fans find an authentic sporting ambience with large LCD screens for watching live feeds of important international matches, pool tables, basketball courts and video games. Today there are close to 30 sports bars in India across various metros. The biggest player in the Indian market currently is Future Groups subsidiary Galaxy Entertainment Corporation Ltd. It has two brands under it, â€Å"The Sports Bar† and â€Å"Sports Express.† Sports Express offers a wide variety of entertainment activities ranging from Television Programmes, Cricket, Soccer, Pool, Basket-Ball area, Darts and certain places also have a Cricket Pitch. They also serve various Indian and imported brands of liquor along with pan Indian cuisine. It has seven outlets in various cities and another four outlets in the pipeline. â€Å"The Sports Bar† another brand of Galaxy Entertainment Corporation Ltd is located in Mumbai. It is a complete sports bar complimented with an unrivalled ambience. It has a giant screen, multiple LCD TVs, basketball court, pool tables, punching bags and dart boards. It is a favourite destination for many professionals who just wish to unwind after a hard days work. Xtreme Sports Bar is another chain of sports bars; it has seven outlets across Hyderabad, Bangalore and Gurgaon. They also have similar offerings as the other sports bars. However, they are looking to expand further and are looking for suitable people to take up the franchise. Other popular sports bars in India are, Champions, Delhi Starstruck, Kolkata Super stars, Kolkata (Roy, 2008) Other theme bars in India are, Hard Rock Cafe one of the biggest retail brands in the world has opened its shops in various locations like Delhi, Hyderabad, Mumbai, Bangalore etc. TGIF (Thank God Its Friday) is another example of an international retail format opening up in India and doing well. 21 Fahrenheit Condom bar Chandigarh There are a number of factors due to which these theme based bars and restaurants are successful. One important factor which is attractive to people to come to these places is the authenticity they have in decor and food. All these theme based food retail outlets are true to their name and provide a unique experience in line with their theme. The moment you step into these places you are transformed to a fantasy world and the food they serve is very authentic and apt to their name. Even in the case of sports the whole ambience created in the place is so electrifying during any international sporting event. The decor and the buzz in a sports bar are beyond words. With the flags hung in every corner of the place and the giant screen to watch the watch on with a drink in your hand is an experience a lot of the consumers have come to love. Some have argued that the concept of having theme bars and restaurants are just a fad, but it has been proved otherwise. Knowledge Gap Most of the academic articles that I came across were written in the global perspective. There is little literature or data available about bars in the Indian context. In particular when it comes to Sports Bars in India the only information available is about some of the sports bars in India in brief and about the themed restaurants in India. There is no clear information available about the consumer profile of the people who frequent the Sports Bars in India. Also, there is no information available about the consumption pattern of Sports Bar as entertainment/leisure in the Indian context. The articles I have found have no information what so ever on the branding opportunities Sports Bars have. The Socio-Cultural changes that have impacted the average consumers outlook towards a bar are also an important factor that is missing in the literature available. The reasons behind the bar being perceived as a socially acceptable and sophisticated socializing place today is also not covered in the information Available. Problem Definition Research problem To study the sports bar business in India and identify the opportunities these bars have as a business in India. Also to understand the changing customer behaviour towards sports bars. Research Objectives To study the evolution of sports bars in India and understand their system of operation To study the growth of sports bars in India and also understand the consumer behaviour related to sports bars RESEARCH DESIGN Exploratory research in 3 areas: Study the evolution of the sports bars in India Attitude of consumers towards sports bars Patterns and reason for visiting sports bars RESEARCH METHODOLOGY Data Collection Method: PHASE I: Secondary Research Studying the different retail formats of bars in India and their evolution by gathering information from different articles and journals published both globally and locally. PHASE II: Primary Research Primary research involved mostly qualitative research. 1. 5-6 In-depth interviews with industry stake holders like bar owners and bar managers; Ravi K Malpuri owner Hall Of Fame Sports Bar, jubilee hills, Hyderabad Eddie Richards manager Hall of Fame Sports Bar, jubilee hills, Hyderabad Arjun Yelluri owner of Xtreme Sports Bar, Banjara Hills, Hyderabad Santosh Nath bar manager, Xtreme Sports Bar, Banjara Hills, Hyderabad Pramod Reddy owner Live Sports Bar, Nubilee Hills, Hyderabad 2. In-depth interviews with consumers (10-15) 3 Male (21-30 age group), 3 Male (31-45 age group) 3 Female (21-30 age group), 3 Female (31-45 age group) The findings of these interviews will be used to generate a questionnaire. The purpose of the questionnaire is to validate the findings from the In-Depth interviews. 3. Type of research: Qualitative/Quantitative Number of respondents 150 Age group 21-45 Questionnaire administered to consumers and non consumers of bars/sports bars. The In-depth interviews with the industry stake holders will give me a better idea about the target audience and their profiles. The questionnaire was designed from the inputs gathered after the In-depth interviews with industry stake holders and consumers. The questionnaire was administered online due to the absence of bars in the state of Gujarat. The questionnaire is attached in the appendix. The information and data collected through the In-depth Interviews and Questionnaire would be analyzed to come up with research findings for the Sports Bar Industry. Sampling Universe: Anybody living in cities like Mumbai, Hyderabad, within the age group of 21-45. The person could either have visited or not visited sports bars. Sampling Technique: Random Sampling SCOPE: Hyderabad, Mumbai, Bangalore Evolution of Sports Bars Introduction Bars have been around in India for decades. Mostly they were dance bars and some bar upscale bars in the metros. Since the beginning of the 21st century more and more upscale bars and theme bars have been proliferating in India starting with the major metros like Delhi and Mumbai to now cities like Hyderabad, Bangalore, Pune, Gurgaon etc. As the income levels of an average Indian in the cities is increasing, they are looking for different avenues to spend their leisure time and hang out with friends and colleagues. Western Influence The Indian businessmen have always looked to the west for success stories to start their endeavours in India. The bars/restaurants is an example of that. Serving alcohol in a restaurant was a thing of the star hotels only initially. Today hundreds of restaurants have a bar and serve a variety of foreign/Indian liquor and a wide range of cocktails and mocktails. Then came the concept of having gaming areas like pool and bowling. This business model did not take off in India as the Indian government did not give permission to this kind of gaming zones to serve liquor and they retired to becoming just gaming zones and entertained youth and families. After this during the late 90s and early 2000s theme restaurants started opening in India. These restaurants charged a premium for the experience they provide to their customers. The decoration in these restaurants was exquisite. Places like the Oriental Express and The Village restaurant are examples of this. Evolving Indian Market Consumer The Indian customer is ever evolving and adapts to the western trends very easily. The cumulative impact of increasing disposable income, foreign exposure and western media has changed the requirements and consumption habits of young Indians. Hanging out in bars has become a casual thing and a way to unwind for us. Thanks to these upscale bars and clubs, it is not a taboo anymore to go and have a drink in a bar in India. As the consumption of bars has increased also came in a number of clubs starting in major cities like Mumbai Delhi and Bangalore. Initially only hotels had in-house clubs, but over the years a lot of independent clubs have emerged. Sports Bars are popular hang outs in Europe and America. The first ever sports bar was opened way back in 1894. â€Å"Nuf Ced† McGreevy opened his â€Å"3rd Base Saloon† in Boston. The number of local tournaments that happen in these countries is much larger. Due to this a large number of local fans flock to these sports bar to form a community of sorts to support their teams. Apart from these general sports bars there are a large number of bars which promote and support a particular sports club. Most of these bars are in collaboration with the sporting club itself. The telecast all live matches of the club, sell merchandize and have fan interactions at a regular basis at these bars. There was little or no real differentiating factor between bars in India. The need to differentiate gave way to different theme bars and restaurants across India. The first sports bar in India was opened in Goa. It was the perfect place to open the first sports bar as it has a rich culture of football and has a number of spectacular local football clubs like Salgaocar, Dempo, Churchill Brothers, Vasco Sports Club. The fans here have been known to travel to different venues to support their teams. Today there are a number of clubs and bars in all major cities in India. Due to this there is not much differentiation between these places. Sports Bars have always been very popular in the western countries where it has become a culture of a sort where friends go to a particular sports bar to watch every local teams match. This popular successful and well tested format of bar was introduced in India only a few years back. Today there are more than 40 sports bars in India. Impact OF IPL The recent surge in the number of sports bars in India can be attributed to the success of IPL (Indian Premier League). Cricket has always been like a religion in India. The only problem was it was not short like a football match. Now with the advent of 20-20 cricket it has become easier for the audience to consume this sport. Due to the fast nature of this format of cricket IPL has become a huge success and this has helped sports bars in India flourish in leaps and bounds. As most of the major cities have their own IPL teams it has increased the local audiences involvement in the sport. This has been the major factor which has influenced the proliferation of sports bars in the recent years across cities in India. Sports bars are filled to capacity on a match day. The most popular sports in Indian sports bars apart from cricket are football and F1. Some sports bars have tie-ups with local sporting teams and sell their merchandize and promote those teams. Branding Opportunity For example, Xtreme sports bar in Hyderabad has a tie-up with Deccan Chargers which is the cities cricket team in the IPL. They have different offers and promotional events during the IPL season and in particular during a Deccan Chargers match. Deccan chargers in turn use this bar as a platform to promote and interact with the local fans. The team players make appearances during the IPL season and interact with the fans, also, they have other promotional activities like having the official team cheerleaders come and perform at the bar. Recently Manchester United Food Beverage (Asia) Pte Ltd and Billionaire Sports Pvt Ltd in collaboration have announced that they will open the first ever offshore club sports bar in India in the city of Delhi. The first ever Manchester United Restaurant and Bar will set the precedence for other clubs to setup their sports in the country where the love and fan following for English Football is rapidly increasing. Local clubs like the Deccan Chargers, Delhi Daredevils and Rajasthan Royals have announced their intentions to launch their own sports bar to promote their clubs and entertain their loyal fan base. This would give them an avenue to brand their sporting clubs and also sell their wide variety of merchandize. Xtreme Sports Bar, Banjara Hills, Hyderabad Manufacturers of sports equipment could use sports bars as a platform to indulge the customers through subliminal branding. The branding at the bars can be done very subtly. As there is already a lot of player merchandize available, sports manufacturers like Nike can promote their brands by hanging only Nike sponsored player jerseys and memorabilia. Apart from this the manufacturers merchandize can be sold at these bars. For ex: Puma the official sponsor of Deccan Chargers can choose to sell their merchandize in these bars where the involvement of the customer is very high as most of the customers are sports fans. Xtreme Sports Bar, Jubilee Hills, Hyderabad SuryaRay Elixirs Pvt. Ltd.the parent company Xtreme Sports Bar has the largest chain of sports bars in India. The annual revenue of this chain is already in excess of Rs. 25cr within just 2 years of launching. They have 7 outlets across India in cities like Hyderabad, Bangalore and Gurgaon. They plan to expand further in the next couple of years and target revenue of Rs. 160 in a couple of years. Apart from the large number of high definition TVs and a few large projection screens Xtreme Sports bar also offers Foos Ball, Golf Simulators, Dart Board Games, Console Gaming, Lan Gaming and Pool tables for the entertainment of their customers during non match days. Live Sports Bar, Jubilee Hills, Hyderabad Hall of Fame is the new sports bar that has opened in Hyderabad located in Jubilee hills. This bar boasts of eighteen 42 inch televisions and two large projection screens to provide the ultimate match viewing experience to their customers. Licence of sports like NBA etc have been taken by the bar to telecast uninterrupted matches over broadband. The menu itself consists of 12 different types of chicken wings which are the most popular among the match watching crowd apart from other continental dishes. The raw materials for the food are directly imported from the US in order to provide the highest quality of food to their customers. They call themselves a sports grill and not just a sports bar as they give a lot of importance to their expertise in the food services they provide. Hall of Fame plans to expand its branches into cities like Mumbai and Bangalore later this year. Focus On High-End Decor Quality Of Service: In order to compete in the clustered bars and restaurants segment sports bars have carved a niche for themselves. The food service industry is very competitive and in order to compete in them sports bars are redefining this segment and investing a lot in high end decorations and facilities. These bars have a large number of high resolution plasma TVs, and large projection screens and comfortable seating arrangements equipped with class bean bags, sofas and comfortable booths as opposed to the normal seating arrangements available in other bars and restaurants. To keep up the upscale image most of these bars serve a variety of cuisines and employ well trained chefs. The menus are exquisite and offer a large variety. Both Indian and foreign liquors are served in these bars ranging from beer, wine, whisky, scotch, cocktails, mocktails and other in-house specialities. The menu is quite often named after the local club players and sports stars to increase the involvement of the customers. To add to the ambience and the experience player jerseys and flags of different players and sports teams are displayed in the bar. Autographed photos of players, jerseys and other sports memorabilia are hung on the walls. These bars partner with sports teams and liquor companies. As most people come here to watch live matches and have a drink while doing so, the menu focus is mostly on starters and appetizers as people would like to have something to munch on while drinking and watching the matches. One of the unique attractions of these bars is the private cabins they offer. A customer can call and book the private cabins which have a seating capacity of 8-12 people and are equipped with comfortable sofas and bean bags along with a plasma TV. Customers can enjoy the match, sports bar ambience whilst having their privacy. Regular customers are given preference for the cabin and also these bars offer a variety of offers when a local teams match is being telecast. This encourages more customers to come in to watch the local teams matches. These bars try to focus more on the experience and not merely on telecasting the matches. As not all customers who come into these bars are sports oriented, they give equal importance to the level of service and offering they have apart from the viewing experience itself. The key elements of a sports bar Sports based themes—the sports bar should focus on themes that have mass appeal in India. So the focus should be primarily on cricket and other popular sports like football and F1. Distinctive design features and decor— Every bar should have its own characteristic and the main attraction is the visual appeal of the design and layout of these bars. The large collection of sports memorabilia that is displayed at the bars is a big attraction and adds great value to the place. The more authentic the memorabilia the better. Even Hard Rock Cafe does the same with musicians memorabilia displayed all around the place. The location of the sports itself is very important. The bar should be located at a high profile location. The bar should be located at a location which is close to both high profile residential area and also offices. It is also important to take into account the traffic conditions in this area and the income levels of residential areas near to the intended location of the bar. Getting in celebrities and sportsmen into the bars is an important promotional activity. A sports bar get into a tie-up with celebs and athletes as these events would give them enough media coverage during their appearances at these bars. The waiters and bartenders uniform is also designed to fit the mood and decor of these bars. They all wear uniform which look like sports jerseys with the company logo their number and name written at the back ala sportsmen. Some of these bars sell merchandize of the sporting clubs they are involved with. Some stores which have garnered a fan following of sorts can also sell their own bars merchandize to their loyal customers. Apart from providing liquor and telecasting live matches on high resolution televisions and screens, a sports bar also has to focus on providing a wide variety of cuisines The pricing should be reasonable and affordable and each bar should have its own signature dish In order to improve the experience of the customers all sports bars should maintain a high ratio of personnel to customers. This would mean that the customers are tended to quickly. Also the training given to the service personnel and the bartenders should be of the highest order to keep up the high class image of these bars. Having private cabins in your offering is beneficial. Though a large number of people come to sports bars to get immersed in the match along with a large crowd and get a live match feeling, a certain group of customers still would like to have their privacy. This where the private cabins come in handy. Changing Indian Consumption Habits Among Indians eating out is a popular activity. Every year Indians spend over INR 350 billion on eating out in restaurants, fast food joints, bars etc. Eating out is a very popular activity while attending other functions. It is estimated that Indians spend INR 350 billion eating out annually. Of this organized establishments account for only INR 20 billion. International fast food chains such as Subway, McDonalds and Pizza Hut are found in shopping malls and near cinema theatres. The well-off† in urban areas are increasingly eating out in coffee shops, malls or retail stores. Lounge bars are the latest trend in urban areas and are frequented by young professionals, successful executives and single women in their late 20s. This trend began in Mumbai, Bangalore, Delhi and Kolkata and will no doubt spread to other urban areas. Among the affluent, clubs are becoming popular. In addition to many recreational Facilities they are upgrading their food facilities and can compete with s ome of the finest restaurants or hotels of India. The new in thing are the sports bars which are mushrooming in different corners of the country. People who are interested in sports or like to be associated with sports go to these places. These bars are frequented by students, young professionals and executives most often. Table 1 Number of On-trade Establishments by Type 2004-2008 2004 2005 2006 2007 2008 Bars/pubs 22,411 23,942 25,100 26,211 27,154 Source: Trade interviews, Euromonitor International estimates MARKET INDICATORS Table 13 RetailConsumerExpenditure on Alcoholic Drinks 2004-2009 Rs bn 2004 2005 2006 2007 2008 2009 Total 125.4 137.5 149.7 167.9 185.8 183.7 Source: Euromonitor InternationalNote: 2009 data is forecast Sports Bars Target Segment: The customers who visit sports bars are segments into five different groups, Students Young Professionals Successful executives Sports Enthusiast/Fan Families Young Adults Men and women between the age of 21-25 who are either studying or unemployed fall under this segment. This segment of customers come to a sports bar just to hang out with their friends, enjoy the ambience and enjoy the food and liquor services provided by the bar. This customer comes into sports bars with a group of friends both male and female, and all within the same age group. These people get pocket money from their parents and hence are not spendthrifts. However, portions of this group come from very affluent families, and have no limit on their expenditure. This target segments are very trendy and are very seldom loyal. They are attracted to special offers and discounts and look for these offers availability before going to a place. Offers like happy hours of buy one get one free attract this segment of people. They are generally seen before the peak hours as discounted prices are available at this time. Working Professionals These people are in the age group of 24-30. They have a decent amount of disposable income and like to indulge in activities which help them distress after work. They often come in after work to unwind. They come in either with their colleagues or other friends. These groups can have people from different age groups. They come in to watch the matches as well as to just sit and chat with their friends or colleagues. Successful Executives The people in this segment generally fall under the age group of 30-45. They have already arrived in life and belong to a high income segment. These people often come in just for a drink to catch-up with their friends over a few drinks or with their colleagues to discuss business offline. These people often consume foreign liquor and generally have time to watch only important matches. Sports Enthusiasts This target group accounts for a third of the revenue generated by the sports bars. They are big sports fans and follow their favourite sports passionately. They belong to different age groups and can be students, young professionals or successful executives. This group of sports enthusiast t Analysis of Sports Bar Businesses in India for Opportunities Analysis of Sports Bar Businesses in India for Opportunities Sports Bar Business in India from a Cultural and Branding Perspective INTRODUCTION Post liberalization the Indian economy has grown exponentially. The fall out of this is the increase in disposable income of the consumers, emergence of credit card culture and the decreasing size of households. The change in the economic status is the catalyst to the change in the social and cultural trends that have caused the change in the way a consumer views everyday food and beverages. The consumer today has very different preferences. Consumers today are more aware about different things in the world due to extensive travel and foreign media. These are some of the social and economic reasons behind the consumer moving towards fine dining, imported spirits and wine as opposed to conventional beverages. Due to this paradigm shift coffee shops, restaurants, fast food joints and bars have become successful. India is relatively new to the concept of a bar. In India bars are located mostly in the metros like Delhi, Mumbai, Bangalore, Hyderabad etc. Sports bars in particular are very new to our country and are growing at a very rapid rate. The advent of IPL and the increase in craze for club football and F1 has only boosted its prospects. LITERATURE REVIEW The Indian economy is booming and the living standards and the lifestyles in the urban areas are fast changing. Entertainment as an industry is growing exponentially over the past decade. From the turn of the 21st century more and more avenues of entertainment have opened up in our country. Eating out as a form of entertainment has been catching up over the last decade. More and more families are going out for dinner or lunch on a regular basis and this is a form of entertainment for them. Changing Indian Economy Consumer Preferences: As of 2007 the median age of India is 24. Due to the abundant job opportunities and the surge in the economy the amount spent by a consumer on alcohol has increased significantly. The number of women working has increased by a large percentage and due to this the double income households have more disposable income. They can afford give their children more pocket money and they are spending a far greater amount socializing in restaurants and bars. The expenditure of consumers on alcohol drinks has increased by 650% from 1995-2007. (Consumer Lifestyles india, 2008) The rise in income is leading to overall growth in consumption by an average Indian. Eating out on a regular basis has now come to become a cool habit. Eating outside is becoming more and more popular. According to a research conducted by Federation Of Hotel and restaurant Association of India (www.fhari.com 2005) there are 10 million households in India with an average income of Rs 46,000/month and 2 million households with average income of 115,000/month. Due to the change in their economic strata, eating out has become a trend within these elite groups. There are 100 million 17-21 year old in India, and six out of 10 households have a child that was born in the post liberalization and has been brought up with no guilt of consumption. It is estimated that as of 2005 there are 5,00,000 restaurants in the organised sector and this will only increase in the future. According to a survey conducted by The Economic Times, 1.7 percent of Indians dine out more than once a week, 2.5 percent do so once a week and around 2.1 percent dine outside once a fortnight. About 5.5 percent eat out of home once a month on an average and 5.4 percent eat out once every 2-3 months. Around 8 percent say eating out is relegated only to festivals. For 69.6 percent eating out is a rather rare occasion. (Ref: The Economic Times, 21 May,2005). The consumers in the urban areas are more aware of the international brands due to their exposure from offshore travel and media and do not hesitate to pay for premium goods. According to National Council for Applied Economic Research (NCAER) there are five classes of consumer households and the greatest growth is in the upper strata. Upper strata are defined as households with income in excess of Rs 215,000. More than 80% of the top earning households in India are located in the top seven cities of our country. Due to this most of the disposable income in the country is located in these areas. This is the reason behind the growth rate of restaurants, coffee shops, fast food joints and bars in these cities. Another major factor influencing the growth in the food and beverage industry in India is the fact that more than 70% of the countrys population is under the age of 40. This explains the rise of expenditure on leisure products and entertainment. (Sarin, 2005) Indian Theme Restaurants: However, eating out as a concept is also fast changing. People want to break away from the monotony of eating in the same food joints and are looking for more experiential and new avenues to hang out and spend time with their family and friends. Themed restaurants and bars are the flavour of the season. More and more themed bars and restaurants are mushrooming in various metros like across India. A number of theme restaurants have been successful in India. Some of the successful and well know theme restaurants are Mercurries in Delhi Theme, Solar system Orient Express at the Taj Palace New Delhi Theme, Railway carriage of yore Village in Mumbai Theme, Indian village Gufaa Ohris in Hyderabad Theme, Dungeon etc. Serengeti Ohris in Hyderabad Theme, Jungle (Roy, 2008) Each of these theme based restaurants has been successful as the people are looking for a lot more than just eating at the food joints. The time they spend at the restaurant is made more enjoyable interactive and memorable because of the different concepts of these restaurants. This theme based format has been inspired from the success stories of the west. Indian Theme Bars/Sports Bars: Another popular retail format which is just picking up in the Indian market is the bars. Bars in India have mostly mushroomed around metros and other urban areas. There are very few bars in other parts of the country. Traditionally consumers bought the liquor at wine shops and consumed them at home. However, now with the advent of Restaurant/Bars, Bars and clubs, the consumption habits are changing. Bars in India are of various types. Some are social bars where people get together to socialise drink, eat and have fun. Some of these bars are theme based like the Hard Rock Cafe and TGIF. Then there are the shady bars where only men go. Bars with a big enough dance floor are termed as nightclubs. Sports bars are another kind of bars which have just made their way into the Indian market. Sports bars are bars where sports fans find an authentic sporting ambience with large LCD screens for watching live feeds of important international matches, pool tables, basketball courts and video games. Today there are close to 30 sports bars in India across various metros. The biggest player in the Indian market currently is Future Groups subsidiary Galaxy Entertainment Corporation Ltd. It has two brands under it, â€Å"The Sports Bar† and â€Å"Sports Express.† Sports Express offers a wide variety of entertainment activities ranging from Television Programmes, Cricket, Soccer, Pool, Basket-Ball area, Darts and certain places also have a Cricket Pitch. They also serve various Indian and imported brands of liquor along with pan Indian cuisine. It has seven outlets in various cities and another four outlets in the pipeline. â€Å"The Sports Bar† another brand of Galaxy Entertainment Corporation Ltd is located in Mumbai. It is a complete sports bar complimented with an unrivalled ambience. It has a giant screen, multiple LCD TVs, basketball court, pool tables, punching bags and dart boards. It is a favourite destination for many professionals who just wish to unwind after a hard days work. Xtreme Sports Bar is another chain of sports bars; it has seven outlets across Hyderabad, Bangalore and Gurgaon. They also have similar offerings as the other sports bars. However, they are looking to expand further and are looking for suitable people to take up the franchise. Other popular sports bars in India are, Champions, Delhi Starstruck, Kolkata Super stars, Kolkata (Roy, 2008) Other theme bars in India are, Hard Rock Cafe one of the biggest retail brands in the world has opened its shops in various locations like Delhi, Hyderabad, Mumbai, Bangalore etc. TGIF (Thank God Its Friday) is another example of an international retail format opening up in India and doing well. 21 Fahrenheit Condom bar Chandigarh There are a number of factors due to which these theme based bars and restaurants are successful. One important factor which is attractive to people to come to these places is the authenticity they have in decor and food. All these theme based food retail outlets are true to their name and provide a unique experience in line with their theme. The moment you step into these places you are transformed to a fantasy world and the food they serve is very authentic and apt to their name. Even in the case of sports the whole ambience created in the place is so electrifying during any international sporting event. The decor and the buzz in a sports bar are beyond words. With the flags hung in every corner of the place and the giant screen to watch the watch on with a drink in your hand is an experience a lot of the consumers have come to love. Some have argued that the concept of having theme bars and restaurants are just a fad, but it has been proved otherwise. Knowledge Gap Most of the academic articles that I came across were written in the global perspective. There is little literature or data available about bars in the Indian context. In particular when it comes to Sports Bars in India the only information available is about some of the sports bars in India in brief and about the themed restaurants in India. There is no clear information available about the consumer profile of the people who frequent the Sports Bars in India. Also, there is no information available about the consumption pattern of Sports Bar as entertainment/leisure in the Indian context. The articles I have found have no information what so ever on the branding opportunities Sports Bars have. The Socio-Cultural changes that have impacted the average consumers outlook towards a bar are also an important factor that is missing in the literature available. The reasons behind the bar being perceived as a socially acceptable and sophisticated socializing place today is also not covered in the information Available. Problem Definition Research problem To study the sports bar business in India and identify the opportunities these bars have as a business in India. Also to understand the changing customer behaviour towards sports bars. Research Objectives To study the evolution of sports bars in India and understand their system of operation To study the growth of sports bars in India and also understand the consumer behaviour related to sports bars RESEARCH DESIGN Exploratory research in 3 areas: Study the evolution of the sports bars in India Attitude of consumers towards sports bars Patterns and reason for visiting sports bars RESEARCH METHODOLOGY Data Collection Method: PHASE I: Secondary Research Studying the different retail formats of bars in India and their evolution by gathering information from different articles and journals published both globally and locally. PHASE II: Primary Research Primary research involved mostly qualitative research. 1. 5-6 In-depth interviews with industry stake holders like bar owners and bar managers; Ravi K Malpuri owner Hall Of Fame Sports Bar, jubilee hills, Hyderabad Eddie Richards manager Hall of Fame Sports Bar, jubilee hills, Hyderabad Arjun Yelluri owner of Xtreme Sports Bar, Banjara Hills, Hyderabad Santosh Nath bar manager, Xtreme Sports Bar, Banjara Hills, Hyderabad Pramod Reddy owner Live Sports Bar, Nubilee Hills, Hyderabad 2. In-depth interviews with consumers (10-15) 3 Male (21-30 age group), 3 Male (31-45 age group) 3 Female (21-30 age group), 3 Female (31-45 age group) The findings of these interviews will be used to generate a questionnaire. The purpose of the questionnaire is to validate the findings from the In-Depth interviews. 3. Type of research: Qualitative/Quantitative Number of respondents 150 Age group 21-45 Questionnaire administered to consumers and non consumers of bars/sports bars. The In-depth interviews with the industry stake holders will give me a better idea about the target audience and their profiles. The questionnaire was designed from the inputs gathered after the In-depth interviews with industry stake holders and consumers. The questionnaire was administered online due to the absence of bars in the state of Gujarat. The questionnaire is attached in the appendix. The information and data collected through the In-depth Interviews and Questionnaire would be analyzed to come up with research findings for the Sports Bar Industry. Sampling Universe: Anybody living in cities like Mumbai, Hyderabad, within the age group of 21-45. The person could either have visited or not visited sports bars. Sampling Technique: Random Sampling SCOPE: Hyderabad, Mumbai, Bangalore Evolution of Sports Bars Introduction Bars have been around in India for decades. Mostly they were dance bars and some bar upscale bars in the metros. Since the beginning of the 21st century more and more upscale bars and theme bars have been proliferating in India starting with the major metros like Delhi and Mumbai to now cities like Hyderabad, Bangalore, Pune, Gurgaon etc. As the income levels of an average Indian in the cities is increasing, they are looking for different avenues to spend their leisure time and hang out with friends and colleagues. Western Influence The Indian businessmen have always looked to the west for success stories to start their endeavours in India. The bars/restaurants is an example of that. Serving alcohol in a restaurant was a thing of the star hotels only initially. Today hundreds of restaurants have a bar and serve a variety of foreign/Indian liquor and a wide range of cocktails and mocktails. Then came the concept of having gaming areas like pool and bowling. This business model did not take off in India as the Indian government did not give permission to this kind of gaming zones to serve liquor and they retired to becoming just gaming zones and entertained youth and families. After this during the late 90s and early 2000s theme restaurants started opening in India. These restaurants charged a premium for the experience they provide to their customers. The decoration in these restaurants was exquisite. Places like the Oriental Express and The Village restaurant are examples of this. Evolving Indian Market Consumer The Indian customer is ever evolving and adapts to the western trends very easily. The cumulative impact of increasing disposable income, foreign exposure and western media has changed the requirements and consumption habits of young Indians. Hanging out in bars has become a casual thing and a way to unwind for us. Thanks to these upscale bars and clubs, it is not a taboo anymore to go and have a drink in a bar in India. As the consumption of bars has increased also came in a number of clubs starting in major cities like Mumbai Delhi and Bangalore. Initially only hotels had in-house clubs, but over the years a lot of independent clubs have emerged. Sports Bars are popular hang outs in Europe and America. The first ever sports bar was opened way back in 1894. â€Å"Nuf Ced† McGreevy opened his â€Å"3rd Base Saloon† in Boston. The number of local tournaments that happen in these countries is much larger. Due to this a large number of local fans flock to these sports bar to form a community of sorts to support their teams. Apart from these general sports bars there are a large number of bars which promote and support a particular sports club. Most of these bars are in collaboration with the sporting club itself. The telecast all live matches of the club, sell merchandize and have fan interactions at a regular basis at these bars. There was little or no real differentiating factor between bars in India. The need to differentiate gave way to different theme bars and restaurants across India. The first sports bar in India was opened in Goa. It was the perfect place to open the first sports bar as it has a rich culture of football and has a number of spectacular local football clubs like Salgaocar, Dempo, Churchill Brothers, Vasco Sports Club. The fans here have been known to travel to different venues to support their teams. Today there are a number of clubs and bars in all major cities in India. Due to this there is not much differentiation between these places. Sports Bars have always been very popular in the western countries where it has become a culture of a sort where friends go to a particular sports bar to watch every local teams match. This popular successful and well tested format of bar was introduced in India only a few years back. Today there are more than 40 sports bars in India. Impact OF IPL The recent surge in the number of sports bars in India can be attributed to the success of IPL (Indian Premier League). Cricket has always been like a religion in India. The only problem was it was not short like a football match. Now with the advent of 20-20 cricket it has become easier for the audience to consume this sport. Due to the fast nature of this format of cricket IPL has become a huge success and this has helped sports bars in India flourish in leaps and bounds. As most of the major cities have their own IPL teams it has increased the local audiences involvement in the sport. This has been the major factor which has influenced the proliferation of sports bars in the recent years across cities in India. Sports bars are filled to capacity on a match day. The most popular sports in Indian sports bars apart from cricket are football and F1. Some sports bars have tie-ups with local sporting teams and sell their merchandize and promote those teams. Branding Opportunity For example, Xtreme sports bar in Hyderabad has a tie-up with Deccan Chargers which is the cities cricket team in the IPL. They have different offers and promotional events during the IPL season and in particular during a Deccan Chargers match. Deccan chargers in turn use this bar as a platform to promote and interact with the local fans. The team players make appearances during the IPL season and interact with the fans, also, they have other promotional activities like having the official team cheerleaders come and perform at the bar. Recently Manchester United Food Beverage (Asia) Pte Ltd and Billionaire Sports Pvt Ltd in collaboration have announced that they will open the first ever offshore club sports bar in India in the city of Delhi. The first ever Manchester United Restaurant and Bar will set the precedence for other clubs to setup their sports in the country where the love and fan following for English Football is rapidly increasing. Local clubs like the Deccan Chargers, Delhi Daredevils and Rajasthan Royals have announced their intentions to launch their own sports bar to promote their clubs and entertain their loyal fan base. This would give them an avenue to brand their sporting clubs and also sell their wide variety of merchandize. Xtreme Sports Bar, Banjara Hills, Hyderabad Manufacturers of sports equipment could use sports bars as a platform to indulge the customers through subliminal branding. The branding at the bars can be done very subtly. As there is already a lot of player merchandize available, sports manufacturers like Nike can promote their brands by hanging only Nike sponsored player jerseys and memorabilia. Apart from this the manufacturers merchandize can be sold at these bars. For ex: Puma the official sponsor of Deccan Chargers can choose to sell their merchandize in these bars where the involvement of the customer is very high as most of the customers are sports fans. Xtreme Sports Bar, Jubilee Hills, Hyderabad SuryaRay Elixirs Pvt. Ltd.the parent company Xtreme Sports Bar has the largest chain of sports bars in India. The annual revenue of this chain is already in excess of Rs. 25cr within just 2 years of launching. They have 7 outlets across India in cities like Hyderabad, Bangalore and Gurgaon. They plan to expand further in the next couple of years and target revenue of Rs. 160 in a couple of years. Apart from the large number of high definition TVs and a few large projection screens Xtreme Sports bar also offers Foos Ball, Golf Simulators, Dart Board Games, Console Gaming, Lan Gaming and Pool tables for the entertainment of their customers during non match days. Live Sports Bar, Jubilee Hills, Hyderabad Hall of Fame is the new sports bar that has opened in Hyderabad located in Jubilee hills. This bar boasts of eighteen 42 inch televisions and two large projection screens to provide the ultimate match viewing experience to their customers. Licence of sports like NBA etc have been taken by the bar to telecast uninterrupted matches over broadband. The menu itself consists of 12 different types of chicken wings which are the most popular among the match watching crowd apart from other continental dishes. The raw materials for the food are directly imported from the US in order to provide the highest quality of food to their customers. They call themselves a sports grill and not just a sports bar as they give a lot of importance to their expertise in the food services they provide. Hall of Fame plans to expand its branches into cities like Mumbai and Bangalore later this year. Focus On High-End Decor Quality Of Service: In order to compete in the clustered bars and restaurants segment sports bars have carved a niche for themselves. The food service industry is very competitive and in order to compete in them sports bars are redefining this segment and investing a lot in high end decorations and facilities. These bars have a large number of high resolution plasma TVs, and large projection screens and comfortable seating arrangements equipped with class bean bags, sofas and comfortable booths as opposed to the normal seating arrangements available in other bars and restaurants. To keep up the upscale image most of these bars serve a variety of cuisines and employ well trained chefs. The menus are exquisite and offer a large variety. Both Indian and foreign liquors are served in these bars ranging from beer, wine, whisky, scotch, cocktails, mocktails and other in-house specialities. The menu is quite often named after the local club players and sports stars to increase the involvement of the customers. To add to the ambience and the experience player jerseys and flags of different players and sports teams are displayed in the bar. Autographed photos of players, jerseys and other sports memorabilia are hung on the walls. These bars partner with sports teams and liquor companies. As most people come here to watch live matches and have a drink while doing so, the menu focus is mostly on starters and appetizers as people would like to have something to munch on while drinking and watching the matches. One of the unique attractions of these bars is the private cabins they offer. A customer can call and book the private cabins which have a seating capacity of 8-12 people and are equipped with comfortable sofas and bean bags along with a plasma TV. Customers can enjoy the match, sports bar ambience whilst having their privacy. Regular customers are given preference for the cabin and also these bars offer a variety of offers when a local teams match is being telecast. This encourages more customers to come in to watch the local teams matches. These bars try to focus more on the experience and not merely on telecasting the matches. As not all customers who come into these bars are sports oriented, they give equal importance to the level of service and offering they have apart from the viewing experience itself. The key elements of a sports bar Sports based themes—the sports bar should focus on themes that have mass appeal in India. So the focus should be primarily on cricket and other popular sports like football and F1. Distinctive design features and decor— Every bar should have its own characteristic and the main attraction is the visual appeal of the design and layout of these bars. The large collection of sports memorabilia that is displayed at the bars is a big attraction and adds great value to the place. The more authentic the memorabilia the better. Even Hard Rock Cafe does the same with musicians memorabilia displayed all around the place. The location of the sports itself is very important. The bar should be located at a high profile location. The bar should be located at a location which is close to both high profile residential area and also offices. It is also important to take into account the traffic conditions in this area and the income levels of residential areas near to the intended location of the bar. Getting in celebrities and sportsmen into the bars is an important promotional activity. A sports bar get into a tie-up with celebs and athletes as these events would give them enough media coverage during their appearances at these bars. The waiters and bartenders uniform is also designed to fit the mood and decor of these bars. They all wear uniform which look like sports jerseys with the company logo their number and name written at the back ala sportsmen. Some of these bars sell merchandize of the sporting clubs they are involved with. Some stores which have garnered a fan following of sorts can also sell their own bars merchandize to their loyal customers. Apart from providing liquor and telecasting live matches on high resolution televisions and screens, a sports bar also has to focus on providing a wide variety of cuisines The pricing should be reasonable and affordable and each bar should have its own signature dish In order to improve the experience of the customers all sports bars should maintain a high ratio of personnel to customers. This would mean that the customers are tended to quickly. Also the training given to the service personnel and the bartenders should be of the highest order to keep up the high class image of these bars. Having private cabins in your offering is beneficial. Though a large number of people come to sports bars to get immersed in the match along with a large crowd and get a live match feeling, a certain group of customers still would like to have their privacy. This where the private cabins come in handy. Changing Indian Consumption Habits Among Indians eating out is a popular activity. Every year Indians spend over INR 350 billion on eating out in restaurants, fast food joints, bars etc. Eating out is a very popular activity while attending other functions. It is estimated that Indians spend INR 350 billion eating out annually. Of this organized establishments account for only INR 20 billion. International fast food chains such as Subway, McDonalds and Pizza Hut are found in shopping malls and near cinema theatres. The well-off† in urban areas are increasingly eating out in coffee shops, malls or retail stores. Lounge bars are the latest trend in urban areas and are frequented by young professionals, successful executives and single women in their late 20s. This trend began in Mumbai, Bangalore, Delhi and Kolkata and will no doubt spread to other urban areas. Among the affluent, clubs are becoming popular. In addition to many recreational Facilities they are upgrading their food facilities and can compete with s ome of the finest restaurants or hotels of India. The new in thing are the sports bars which are mushrooming in different corners of the country. People who are interested in sports or like to be associated with sports go to these places. These bars are frequented by students, young professionals and executives most often. Table 1 Number of On-trade Establishments by Type 2004-2008 2004 2005 2006 2007 2008 Bars/pubs 22,411 23,942 25,100 26,211 27,154 Source: Trade interviews, Euromonitor International estimates MARKET INDICATORS Table 13 RetailConsumerExpenditure on Alcoholic Drinks 2004-2009 Rs bn 2004 2005 2006 2007 2008 2009 Total 125.4 137.5 149.7 167.9 185.8 183.7 Source: Euromonitor InternationalNote: 2009 data is forecast Sports Bars Target Segment: The customers who visit sports bars are segments into five different groups, Students Young Professionals Successful executives Sports Enthusiast/Fan Families Young Adults Men and women between the age of 21-25 who are either studying or unemployed fall under this segment. This segment of customers come to a sports bar just to hang out with their friends, enjoy the ambience and enjoy the food and liquor services provided by the bar. This customer comes into sports bars with a group of friends both male and female, and all within the same age group. These people get pocket money from their parents and hence are not spendthrifts. However, portions of this group come from very affluent families, and have no limit on their expenditure. This target segments are very trendy and are very seldom loyal. They are attracted to special offers and discounts and look for these offers availability before going to a place. Offers like happy hours of buy one get one free attract this segment of people. They are generally seen before the peak hours as discounted prices are available at this time. Working Professionals These people are in the age group of 24-30. They have a decent amount of disposable income and like to indulge in activities which help them distress after work. They often come in after work to unwind. They come in either with their colleagues or other friends. These groups can have people from different age groups. They come in to watch the matches as well as to just sit and chat with their friends or colleagues. Successful Executives The people in this segment generally fall under the age group of 30-45. They have already arrived in life and belong to a high income segment. These people often come in just for a drink to catch-up with their friends over a few drinks or with their colleagues to discuss business offline. These people often consume foreign liquor and generally have time to watch only important matches. Sports Enthusiasts This target group accounts for a third of the revenue generated by the sports bars. They are big sports fans and follow their favourite sports passionately. They belong to different age groups and can be students, young professionals or successful executives. This group of sports enthusiast t

The Pearl by John Stienbeck Movie versus Novel Essay -- essays researc

In the novel The Pearl the author, John Steinbeck, writes about a man named Kino who finds a â€Å"Great Pearl† and how greed consumes him and the people around him with murderous feelings towards the beholder of the pearl. A movie was later adapted from the book in 1947 that exhibited many similar characteristics as the book. However, although the book and the movie are very much a like they are also quite different. In the novel, the main character, Kino, goes out to find a pearl in hopes of getting money to pay the doctor to treat Coyotito, his son, who has been bitten by a scorpion. Kino discovers the biggest pearl anyone has ever seen, and believes the pearl will bring nothing but good for him and his family. The pearl does change the lives of Kino, his wife Juana, and Coyotito, but not in the way he had hoped. When the people in La Paz find out about Kino’s pearl, he is visited by a greedy priest and doctor, the deceitful pearl buyers try to scam him into selling it to them for less than it’s worth, and the pearl was almost stolen twice. Kino kills the second thief in self-defense...

Network management and the changing milieu

A ‘network’ can be described as â€Å"a system used to link two or more computers.† [1]There are network connections that are used in the process: (1) the physical connections, which pertain to the medium that are used in sharing files, programs, etc.; and (2) the logical connections, which pertain to the protocols used in sharing files, programs, etc.[2]   However, in order to share and open files, messages, programs, and/or devices, a network needs proper management for its three layers of the application software, network software, and network hardware to work accurately and efficiently.   This paper will revolve around network management, its importance to the society, the state of network management nowadays, and how information systems like networks can be managed more effectively in the future.Network management is â€Å"the activities, methods, procedures, and tools that pertain to the operation, administration, maintenance, and provisioning of networ ked systems.†[3]   There are certain significant functions that are used in managing a particular network, and these should include each of the following: (1) controlling, (2) planning, (3) allocating, (4) deploying, (5) coordinating, and (6) monitoring.[4]There can also be the use of some access methods (e.g., SNMP, CLIs, XML) as well as schemes (e.g., WBEM, CIM), which support the transition of certain mechanisms that are used in network management.   By using the term ‘mechanism’ we refer to the managing of the agents, synthetic monitoring, the logs of activity, as well as the real user monitoring.[5]   Yet Cisco Systems, Inc. has defined network management more specifically as â€Å"a service that employs a variety of tools, applications, and devices to assist human network managers in monitoring and maintaining networks.†[6]Despite the reliability of connecting computer applications and programs nowadays, the functioning of these devices is also being influenced by the characteristics of other protocols, other connections, and other devices, which may not always be perfect.   There are crucial elements that go in between the processing of networking, which may hinder or delay the progression of the activity or service.   For this reason, it is very important that network management is strictly and sufficiently organized, maintained, planned, and monitored, especially that networks are not always perfectly controlled, and that there are reliable as well unreliable networks that influence the transmission of data given a specific environment.Companies in the 21st century usually go for 99.9% availability when it comes to network management.[7]   As stated in the Encarta Encyclopedia, â€Å"Networks are subject to hacking, or illegal access, so shared files and resources must be protected.†[8]   Certain techniques may include data encryption and authentication schemes, especially when dealing with issues that in clude privacy and protection of rights.   Others bend more on the purpose of autopolling network devices or generating certain topology that generates improvement.It is said that the three most important elements of networks should include having â€Å"the lowest latency, highest capacity, and maximum reliability despite intermittent features and limited bandwidth.†[9]   While data is reorganized and transformed into smaller frames, packets, and segments, there are certain significant factors that affect the transmission of the data: first is latency or the time span of delivery; second is packet loss inside the intermediate devices; third is retransmission that leads to delays; fourth and final is throughput or the amount of traffic within a network.[10]   For this, network management appears to be the critical key in making sure that the network functions well despite failures, attacks, and the inconsistencies that are mostly crucial in any type of society or network. Nowadays, network management is set more on the use of certain protocols like the use of ‘Simple Network Management Protocol’ or SNMP, or the use of ‘Common Management Information Protocol’ or CMIP.[11]   Since the 1980s, when there was â€Å"tremendous expansion in the area of network deployment,†[12] and companies went into the trend of building and expanding their networks from different types of network technologies, organizations saw the need for an automated network management that could be functional in diverse situations and environments in certain occasions inside and outside the country.The improved basic structure that has then been used was usually composed of a set of relationships that follow a specific paradigm: end stations or managed devices, which run the specific software, which alerts the staffs (through computers) whenever problems, inconsistencies, or emergencies arise.[13]   It may also include certain end poll stations tha t check other specific variables through automatic or user-initiated polling, and where certain ‘agents’—or managed devices—respond and store data, which the management staff of a network system produces through protocols.   The state of network management revolves in an architecture that links all the computers through a management entity that connects the rest of the agents with the use of a proxy server, in the management database of the device.With all these, James McKeen insisted in his book entitled ‘Making IT Happen: Critical Issues in Managing Information Technology’ that there is a rapid, changing role in the IT milieu: the two forces of relentless business pressures and rapidly evolving technology landscape,[14] which both bring greater risks within a changing technology environment around the globe.   Thus, it is evident that information systems, such as networks, can be managed more effectively in the future by producing better , faster, more agile architectures and functions that can break through beyond these two forces of change.BIBLIOGRAPHYâ€Å"Chapter 6: Network Management Basics.† Internetworking Technology Handbook, no.1-58765-001-3 (2006). Database on-line. Available from Cisco Systems, Inc.McKeen, James D. Making IT Happen: Critical Issues in Managing Information Technology. England: John Wiley & Sons Ltd, 2003.â€Å"Network (computer systems).† Encarta Encyclopedia (2007): 1-2. Database on-line. Available from MSN Encarta.â€Å"Network Management.† Wikipedia Online Encyclopedia (2008). Database on-line. Available from the Wikimedia Foundation, Inc. database.  Ã¢â‚¬Å"Network Performance Management.† Wikipedia Online Encyclopedia (2008). Database on-line. Available from the Wikimedia Foundation, Inc. database.[1] â€Å"Network (computer science),† Encarta Encyclopedia (2007) [database on-line]; available from MSN Encarta, p. 1of 2. [2] Ibid. [3] â€Å"Network M anagement,† Wikipedia Online Encyclopedia (2008) [database on-line]; available from the Wikimedia Foundation, Incorporated database. [4] Ibid. [5] Ibid. [6] â€Å"Chapter 6: Network Management Basics,† Internetworking Technology Handbook (2006) [database on-line]; available from Cisco Systems, Inc, accession number 1-58765-001-3, p. 1 of 6. [7] Internetworking Technology Handbook, 1. [8] Encarta Encyclopedia, 2. [9] â€Å"Network Performance Management,† Wikipedia Online Encyclopedia (2008) [database on-line]; available from the Wikimedia Foundation, Incorporated database. [10] Ibid. [11] Ibid, 2. [12] Internetworking Technology Handbook, 1. [13] Ibid. [14] James D. McKeen, Making IT Happen: Critical Issues in Managing Information Technology (England: John Wiley & Sons Ltd, 2003), 1.

Beazer Homes Case Essay

Investors were lead to believe that the company financials were healthier than they actually were, as evidenced by the changes noted when the financial statements had to be restated. As a result of doing this, investors who were under the impression of a healthier position, continued to invest in an organization that was essentially doing nothing more than stealing their money; money which could have been invested into a different enterprise rather than padding the pockets of executives that didn’t earn it. As a result of having to restate financial statements, the per share price of Beazer Homes dropped from the $35/share price level in may, to approximately $11/share by the end of July. This is a significant loss in wealth for investors. In addition to the allegations against Mr. Rand for possible accounting fraud, allegations were also brought against Beazer Homes for mortgage fraud. To address the question as to which is a more serious offense, it would be our opinion that both would carry an equal weight of seriousness. On the one hand, investors were misled, as noted above, and this led to a significant loss of wealth for many, especially those individuals and/or institutions that may have held a large position. On the other hand, to address the issue of mortgage fraud, new homeowners were oftentimes cheated out of money that they paid to Beazer Homes. A example of this is when Beazer Homes would require purchasers to pay a fee for â€Å"interest discount points† at closing. Then Beazer Homes would keep the cash received and not lower the interest rate. This is just one example, but it can be an extremely costly one when you look at how much a . 25 percent or . 5 percent reduction in an interest rate can be over the life of a 20 or 30 year fixed rate mortgage; that’s if Beazer Homes wasn’t trying to convince people that an adjustable rate or hybrid mortgage would be better for their situation. Additionally, Beazer Homes ignored income requirements when making loans to unqualified purchasers, which not only put the purchaser in jeopardy of having the income needed to make their ayments, but in the event of default or foreclosure, it can have a significant impact on the home values of the neighborhood. As a result of these legal issues with Beazer Homes, the SEC issued a notice to the Beazer Homes CEO called the Wells notice. The Wells notice was created under the Sarbanes-Oxley Act of 2002, which states that if a firm has to restate their financial statements, the SEC can require the CEO and CFO to return any and all bo nuses that were received during the period of restated financial statements. Additionally, the CEO and CFO do not need to have any knowledge of errors. The SEC issued the Wells notice to the Beazer Homes CEO, Ian J. McCarthy, on 13 November 2009, indicating that the SEC would be brining a civil case against him to collect incentive compensation. In the notice issued to the CEO, there was no indication or allegations of cover-up, or misconduct, on the part of Mr. McCarthy with respect to the financial statements or other disclosures that were published during the period in question.