Free Essays on Alexander Hamilton

Alexander Hamilton Alexander Hamilton began his impressive career in March of 1777 after meeting General George Washington. He joined Washington’s’ personal staff, as his personal secretary and confidential aide. Hamilton proved his loyalty to Washington on more then one occasion, but as the need for the military diminished so did Hamilton. On December 14, 1780, he married Elizabeth Schuyler and established a life with eight children. After studying law for three months in Albany he opened a law office on 57 Wall Street. He also served congress from 1782 to 1783. He also founded the bank of New York in February of 1784. During George Washington’s presidency, Hamilton became the first secretary of the Treasury. He was now responsible for establishing credit of the United States. Hamilton sometimes overstepped the limits of his office interfering with other departments. For example, a difference in opinion with Jefferson during the French Revolution. Hamilton advocated neutrality, wh ich Washington accepted and on April 22, 1793 announced that they would remain neutral during the conflict overseas. On January 31, 1795 Hamilton resigned from his position as the Secretary of Treasury and went back to his law firm in New York. On July 25, 1798 at the age of forty-three he returned to active duty in the military under the supervision of Washington. He served in the army until June 2, 1800. After Washington’s death the Federalist Party became divided between John Adams and Alexander Hamilton. After Adams became President Hamilton wrote a personal attack on the president that contained much confidential cabinet information. Although this pamphlet was only intended for private usage the pamphlet was obtained by Aaron Burr and published, Hamiltons’ political and legal rival. Hamilton had done a few things to make Burr upset with him, first he demolished burrs hopes of completing a foreign mission. He ended Burrs hopes of becoming pres... Free Essays on Alexander Hamilton Free Essays on Alexander Hamilton Alexander Hamilton was brilliant businessman who came into the Treasury department with many ideas on how to stabilize the struggling American economy. He was a thirty-four year old native of the West Indies, who was a crucial part of President Washington's cabinet. His ideas and philosophies helped to pave th4e way for the Bank of America and the Treasury. As one of his first acts as Secretary of Treasury, Hamilton was determined to reverse the financial problems that plagued the government and country under the recently revised Articles of Confederation. His plan involved favoring the wealthier members of society, who would in turn give money and moral support to the government. The government would then prosper and the benefits would be reaped by all. Hamilton was also dead set on sustaining the national credit. He needed the support of the masses in order to advance his economic plans. His plan of action in this case was "funding at par," which involved the federal government paying off its debts at face value, plus accumulated interest, which came to a total of fifty-four million dollars, a very substantial amount of money at that time. While still backing his national debt plans, Hamilton also suggested that Congress pay the debts of the individual states, equaling some twenty-one million dollars. This idea of "assumption" was believed by Hamilton to be an obligation of Congress because the debts occurred during the country's fight for independence. Hamilton also believed that paying off the State's debts would create more unity in among the States. With the government trying to pay both national, and local state debts, they shortly fell into a seventy-five million dollar overall debt. Hamilton did not see this as a problem, but more of an advantage to the growing American economy. His philosophy was that the more countries that America owed money, the more people who h... Free Essays on Alexander Hamilton Alexander Hamilton Alexander Hamilton began his impressive career in March of 1777 after meeting General George Washington. He joined Washington’s’ personal staff, as his personal secretary and confidential aide. Hamilton proved his loyalty to Washington on more then one occasion, but as the need for the military diminished so did Hamilton. On December 14, 1780, he married Elizabeth Schuyler and established a life with eight children. After studying law for three months in Albany he opened a law office on 57 Wall Street. He also served congress from 1782 to 1783. He also founded the bank of New York in February of 1784. During George Washington’s presidency, Hamilton became the first secretary of the Treasury. He was now responsible for establishing credit of the United States. Hamilton sometimes overstepped the limits of his office interfering with other departments. For example, a difference in opinion with Jefferson during the French Revolution. Hamilton advocated neutrality, w hich Washington accepted and on April 22, 1793 announced that they would remain neutral during the conflict overseas. On January 31, 1795 Hamilton resigned from his position as the Secretary of Treasury and went back to his law firm in New York. On July 25, 1798 at the age of forty-three he returned to active duty in the military under the supervision of Washington. He served in the army until June 2, 1800. After Washington’s death the Federalist Party became divided between John Adams and Alexander Hamilton. After Adams became President Hamilton wrote a personal attack on the president that contained much confidential cabinet information. Although this pamphlet was only intended for private usage the pamphlet was obtained by Aaron Burr and published, Hamiltons’ political and legal rival. Hamilton had done a few things to make Burr upset with him, first he demolished burrs hopes of completing a foreign mission. He ended Burrs hopes of becoming pres...

Top 10 most stressful jobs of 2018

Top 10 most stressful jobs of 2018 All jobs have components that make them stressful- even the ones that don’t seem like very high-stakes occupations. Certain scenarios or times of the year come up and it’s a mad sprint requiring late nights and all hands on deck. Then there are the jobs that just don’t seem to ever let up. Here 10 of the most stressful jobs out there for 2018- based on deadline demands, public scrutiny, required travel, physical risk, physical demands, environmental conditions, hazards, and public interaction. See if any of them call out to you- maybe you crave a life of pressure! Or†¦ maybe a career in a cubicle sounds just lovely to you. It takes all kinds to make up the workforce!1. Enlisted military personnelWith an average salary of $30k, constantly putting your life at risk, all over the world, makes the military one of the most stressful careers out there.2. FirefighterYour job is starting to look pretty cushy, when you consider that for less than $50k a year, on aver age, some people have to run into burning buildings on the regular. And you thought that big project was really making you stressed!3. Airline pilotWith a median income of just about $105K per year, airline pilots are well compensated for the stress of ferrying hundreds upon hundreds of souls around the globe.4. Police officerMaking about $60K per year, just a bit more than a firefighter based on median income, police officers are also under a great deal of stress and risk their lives on a daily basis.5. Event coordinatorEvent coordinators may not risk their  lives or limbs, but they are still the people  left holding the bag when anything- major or minor- goes wrong. If the hors d’oeuvres come out five minutes late- or early- or if the band has the wrong cord to connect their amp, or if there is a typo in the invitations†¦ You name it, they  bear the brunt of the yelling. These aren’t life threatening stakes, but the stress is almost always at a high.6. PR execPublic relations executives are responsible for the reputations and the fame-level of their clients. They don’t just have to manage logistics, they have to manage perception and public opinion. And that takes a lot of nail biting. Especially when their clients do something that requires the putting out of fires (albeit, of course, not literal fires).7. Senior corporate execIf you’ve made it to the top of your company tree, it’s not all big bonuses and stock options. With every rung up the ladder comes a great deal more pressure. And with pressure comes†¦ you guessed it, stress.8. BroadcasterFor a surprisingly low annual median salary of less than $40k per year, a broadcaster is required to clearly and calmly read the news from a teleprompter often riddled with typos. She must be poised and in control at all times, as all of   the action unfolds live. You think public speaking is hard? Try doing it every day on television.9. Newspaper reporterYou wonâ €™t make a lot of money, and you’ll have to run headlong into potentially dangerous or volatile situations to get a story. And once you get it, you have to race to get it published first. On top of that, if you make one mistake you’ll have lost your reputation.10. Taxi driverThis gig is perhaps the least well-paid of the top 10, with a median pay of $24K per year. Taxi drivers have to deal with rude people, drunk people, and people in a rush- not to mention other lunatic drivers, rush hour traffic, accidents, and weather. Plus they’re stuck in a car. Imagine trying to find a parking space in NYC every time you had to pee! It’s also a field that is getting extra pressure from rideshare companies like Uber and Lyft, so being a taxi driver is more stressful than ever these days.

Investigation in how inequality of promotions affects employee Dissertation

Investigation in how inequality of promotions affects employee attitude and their effect on businesses Glass Ceiling effect - Dissertation Example Since historical times, women and minorities continue to lag behind in career advancement as their male counterparts take almost all management and chief executive jobs. Despite the fact that the population of women and men in the world do not vary much, this trend is not replicated at the workplace, where top echelons seem to be a preserve for men. The artificial barriers that are placed in the path of women and minorities so that they do not climb the corporate ladder is generally referred to as the glass ceiling effect. This paper explores the concept of the glass ceiling effect with regards to its implications on employee attitude, pay gap, rewards, job satisfaction and performance. Importantly, the effects of the glass ceiling on the overall performance and operations of business are explored. In the end, several recommendations have been outlined. Examples of these recommendations are training and education for improved skills, knowledge, competencies and potentials and awarene ss about and fighting for one’s values and rights. The paper aims to advise policymakers, government and professional agencies, theorists, researchers and individual employees on the implications of the glass ceiling effect and how it may be addressed. Table of Content 1. Introduction 2. Methodology 3. Literature review 4. Findings 5. Discussion/Analysis and implications 6. Recommendations 7. Conclusions 8. References 9. Appendix Introduction In modern day workplace, minority groups continue to suffer institutionalized as well as other forms of discrimination in their daily work life. The most common ways in which work place discrimination manifests is via human resources related activities such as task assignment, deployment, transfers, job description and evaluation and promotions among others (Baker et al., 1995). However, promotion discrimination ranks among the most widespread forms of discrimination at the work place. Consequently, vulnerable and minority groups such as women, the disabled and minority ethnic and racial groups are largely underrepresented at the top echelons of employment (Tomaskovic-Devey, 2003). This scenario prevails despite the huge strides made in the last three decades to reverses the trend in which women and people from minority races and ethnicities are discriminated in job promotion (Lehmann & Lang, 2010). This apparently widespread discrimination calls for further researches into its causes, effects and the interventions by which it could be effectively, efficiently and permanently reversed (Francine & Kahn, 1996). It is for this reason that this research has been proposed and designed; to unearth the effects of inequality in promotion, otherwise referred to as ‘the glass ceiling effect’, on employee attitudes and business as a whole entity (Ghosh & Waldman, 2010). Because of the social, economic, cultural and health implications of this discriminatory trend on businesses as well as individual employees, thi s papercovers the socioeconomic and cultural effects of the glass ceiling effect on individuals and businesses. The importance of this paper lies in the fact that it would be really effective if a business owner understood the detrimental effects of glass ceiling not only on his or her workers but also on the business performance. Hence, from the highlighted effects, a business owner and manager would be best placed to implement strategies and practices that would promote fairness and

Violent Employees Essay Example | Topics and Well Written Essays - 250 words

Violent Employees - Essay Example manifestation of severe stress, history of violence and criminal records, poor personal relationship, tendency to stay aloof, inconsistent productivity, swift personality change and poor personal hygiene. Identifying violence indicators in an employee is a step distinct from finding a lasting solution to the looming danger. After identifying a potentially violent employee, I would summon him or her to my office to investigate the issue that nags him or to discuss the behaviour manifestation that does not go well with the organisation. I would then clearly communicate anti-violence policy of the organisation to him or her and let him or her know the repercussions of such behaviour. I would make the talk as friendly as possible so as to gauge whether the employee can be helped or if there is need to part ways with him. In doing this, I would call for the opinion of other managers. If the employee promises to change, I would establish crisis management team to monitor and coach the employee, after which he or she would be dismissed if no change is observed after a given

Pit Bulls Essay Example for Free

Pit Bulls Essay American societies famous bully breeds is too often stereotyped as malicious animals, but that stereotype is false due to evidence that pit bulls can be just as loving as the iconic golden retriever. According to the American Temperament Test, which is a test that focuses on and measures different aspects of temperament such as stability, shyness, aggressiveness, friendliness and self-preservation in the face of a threat shows that Pit Bulls have a temperament of 86.8%, (American Temperament Test Society) a much higher percentage than other breeds which justifies that these animals can withstand a higher tolerance of aggressiveness. If this is the case, why are Pit Bulls one of the most discriminated dog breeds in today’s society? Due to irresponsible owners, Pit Bulls have been labeled cruel and violent animals, leading people to be frightened for themselves, their children, and their pets. By experience and owning a pit bull for oneself, people would begin to understand something entirely different. Pit Bulls are a misunderstood breed; they are one of the most loving and loyal breeds that deserves a fair chance just like any other dog would, but because of irresponsible owners, and their negligence toward teaching their pit bulls the right mannerisms this may never happen. The reputation of the Pit Bull has taken a dramatic downfall in the past few decades due to negative publicity. Originally, Pit Bulls were considered to be   Ã¢â‚¬Å"American darlings†; during WWI they were claimed to be the sweetest and most loving dogs a person could own, but in the 1980’s the view of the â€Å"American darlings† changed due to an illegal â€Å"sport†, dogfighting. Although dogfighting is illegal in all fifty states, inhumane persons who participate in the sport choose pit bulls because of their strong physique and loyal personality, which contribute to the stereotype of all pit bulls being violent due to the public only viewing them as fighters. A famous example of this is the widely known scandal around NFL player Michael Vick, who was convicted of running Pit bull fighting kennels in Smithfield, VA. The outcome of this case brought on more discrimination toward Pit bulls in general. Although Pit Bulls were viewed badly, people still used them as the preferred guard dog not only for the bad as in drug houses and gang members, but also as one would get any dog, to use them as protection for their property. In 1987 an incident regarding a Pit Bull and a two-year-old sent red flags up for this prestigious breed. A pit bull that was under the care of an irresponsible owner had the dog guarding an illegal marijuana crop, in California, when a two-year-old boy who was unsupervised was wandering around and fell victim to the pit bull. This attack was immediately publicized because of the pit bull being involved as the main concern, which made the reputation of Pit Bulls sink even lower. People began to think that Pit Bulls were heartless killers, due to the mis-training of their owners. The public was misinformed; they did not know that the child was wandering around unsupervised in an enclosed area. This situation would create a threat to any guard dog, not just a Pit Bull, and the outcome would have been the same. Because of that horrible mistake, the Pit Bull was killed. In a situation like this, it is in no way the Pit Bull’s fault; he was merely doing his job. Rather, it is the owner’s fault for not clearly training him and the parent’s fault for being careless with their child. This was brought to the courts attention and soon thoughts of a ban against Pit bulls were raised. The public was outraged by this attack and proposed a ban on Pit bulls. This ban was granted throughout 39 or more cities and states without the consent of any animal professionals or the owners of this breed. These bans lead to the death of many innocent Pit Bulls in many areas. Many Cities reportedly spent over two hundred and fifty thousand dollars in rounding up and killing these animals. Devastated owners had their animals confiscated and killed without warning. In Tijeras, New Mexico, the ban was so strictly enforced that animal control officers were allowed to kill any Pit Bull seen on sight without compensation to the owner. Due to their misunderstood reputation, people made rash decisions that affected the lives of many loving Pit Bulls that never stood a chance. They have even become a â€Å"liability† due to their â€Å"overly violent† personalities and because of this have been banned from many areas in the United States. One thing that frightens people the most is a Pit Bulls jaw. While they do have one of the strongest jaws, it is not the strongest. Dr. I. Lerh Brisbin, of the University of Georgia, states, â€Å"The few studies, which have been conducted of the structure of the skulls, mandibles and teeth of Pit Bulls show, that, in proportion to their size, their jaw structure and thus its inferred functional morphology, is no different than that of any [other] breed of dog. There is absolutely not evidence for the existence of any kind of locking mechanism unique to the structure of the jaw and/or teeth of the American Pit Bull Terrier. † There is no evidence to prove that Pit Bulls have unique jaws or any lethal â€Å"lockjaw†. The â€Å"lockjaw† method is learned through training, it is not a special killing tool, and once again the owner creates this issue for the breed. Pit Bulls are not the only kind of dog to be able to do this; most breeds can. The difference is people are already scared of Pit Bulls, so they continue to publicize it much more than the other breeds. Christina Berry, writer for The Lazy Pit Bull states, â€Å"Pit Bulls are the most discriminated dog in the US. This is in part because there are so many myths surrounding them, which makes some people believe theyre not suitable for adoption. This is not true. A rescued Pit Bull can make a wonderful companion. † Once people realize this, then Pit Bull adoption rates will rise and they can be put into good homes. These animals need someone that will take care of them and love them. That is all that is required for a happy dog and no accidents will be encountered. If these animals were provided the rights training and proper care than there would not be any worry about owning one of these animals. There are many precautions that have to be taken when owning these animals. Such as; proper housing and fencing, this contributes to a safe environment where these animals can roam and live without the disturbance of others. Also a calm and secluded area where no one can be around or taunt the animal in its own territory. When these animals are out in the public they should be constantly under supervision, this will allow you to know what the animal is doing at all time and give the proper amount of time to react if the Pit Bull feels threatened. Throughout the awful times many people continue to stand by Pit Bulls, these people are the ones that have experienced owning this loving creature and understand that the bad reputation Pit Bulls have is merely a misconception. I believe that Pit Bulls are the greatest breed a family could have. I have had fourteen Pit Bulls and each one was very special to me. They are very playful, confident, strong, humorous, loving, but most of all loyal. They will do anything for their owners. They are just like any other dog, but unfortunately they are not seen the same. Not one of my Pit Bulls ever harmed or attacked any other animal or human. They continuously proved themselves to being the sweetest animals that many have had the great fortune to meet. What normal, other dogs can do, like jump on somebody or behave like a dog, a Pit Bull can do that and be deemed dangerous, (Kingsbury) Unless people start taking the time to get to know the extraordinary breed that Pit Bulls are, they will never be able to understand their true personality or help them. Pit Bulls need to stop being looked at as monsters and killing machines, they are just like any other dog. They are loving, trusting, loyal, and fun. Pit Bulls are a wonderful versatile breed and are used for many different purposes; Fighting is not the only thing they excel at. They are a breed always focused and determined to please its owner, thus if we start using them for the right purposes these dogs make wonderful therapy, guide, rescue, service, weight pulling, but most of all companion dogs. â€Å"Pit Bulls love people. Although this breed frequently gets a bad rap in the media, if you have ever met a Pit Bull that was raised by a loving, conscientious family then you will understand how much they like to be with people.   All they need is the right kind of guidance, and owner. Pit Bulls are just like any other pet that one takes into their home, these dogs are wrongly named and deceived for the acts they are trained by their owners to do. JRL Solutions states, â€Å"It is in actuality the humans who continue to make a series of hasty or ignorant mistakes that are helping to perpetuate the bad reputation this breed has gained over the last decade. † If a law should pass against these dogs, it should be the law to mandate the right methods of training. To punish these dogs and classify them as malicious or dangerous is a hypocritical judgment as any dog, small, medium, or large could be classified into these categories. After much research and experience as I have had my fair share in taking responsibility and care of this precious breed, it is safe to say that society should rethink their opinions and misconceptions of these dogs. It is proven that they were the â€Å"American darlings† of our time, they have the tolerance to withstand aggressiveness, and they are one of the most loyal companions any man could ask for.

Design & Architecture in Britain Essay -- Architecture in the UK

One of the essential roles that architects are trained to fulfil is taking a clients brief and developing it creatively. Developing a brief is a crucial starting point of design to achieving a clear objective, well structured and financed plan of work. When architects are involved early in the planning stage they have an opportunity to create a much more enriched brief as they will have a greater understanding of the clients needs and the nature of the project Setting out a development/design brief: Before any design work is undertaken it is important that a development/design brief is in place. A good design brief provides a platform for buildings to be used; -More Efficiently – so that space can be utilised in the best approach possible with minimum wasted space. -Effectively – in a way that allows the building to be socially sustainable. -Expressively – within the built environment to the value of society. -With Purpose –giving the building’s function and placement significant, accessible and prosperous. Good briefing provides all involved professionals with a greater understanding of the desired outcomes and the responsibilities towards achieving those. Briefing – A six step process 1. Scope Definition of breadth, focus, scope and parameters of the briefing project 2. Role Statement describing what the user organisation (public, community, city authority, etc.) is for 3. Activities -Activity statement is a description of what will go on in the building 4. Draft requirements Includes a space budget listing functional requirements, also spatial... ... Process’,Dawe.L.2014 Part B: Lecture 4 - ‘Practice Management’,Dawe.L.2014 Lecture 5 - ‘An introduction to BIM’- Past Present and future, Comiskey.D.2014 Lecture 6 - ‘Plan of Work 2013’,Dawe.L.2014 Lecture 7 - ‘Procurement&Construction process’,Dawe.L.2014 Books Greenhalgh, B (2011). Introduction to Building Procurement. London: Spon Press Ostime, N (2013). Architects Job Book. London: RIBA Publishing. Websites RIBA. RIBA Plan of Work 2013. Available: http://www.architecture.com/TheRIBA/AboutUs/Professionalsupport/RIBAOutlinePlanofWork2013.aspx#.Uz5Cm_ldUgQ. Last accessed 2nd April 2014. placeni. Summer Urban design school. Available: http://www.placeni.org/. Last accessed 2nd April 2014 The Joint Contracts Tribunal. (1998). Contracts. Available: http://www.jctltd.co.uk/home.aspx. Last accessed 2nd April 2014. Design & Architecture in Britain Essay -- Architecture in the UK One of the essential roles that architects are trained to fulfil is taking a clients brief and developing it creatively. Developing a brief is a crucial starting point of design to achieving a clear objective, well structured and financed plan of work. When architects are involved early in the planning stage they have an opportunity to create a much more enriched brief as they will have a greater understanding of the clients needs and the nature of the project Setting out a development/design brief: Before any design work is undertaken it is important that a development/design brief is in place. A good design brief provides a platform for buildings to be used; -More Efficiently – so that space can be utilised in the best approach possible with minimum wasted space. -Effectively – in a way that allows the building to be socially sustainable. -Expressively – within the built environment to the value of society. -With Purpose –giving the building’s function and placement significant, accessible and prosperous. Good briefing provides all involved professionals with a greater understanding of the desired outcomes and the responsibilities towards achieving those. Briefing – A six step process 1. Scope Definition of breadth, focus, scope and parameters of the briefing project 2. Role Statement describing what the user organisation (public, community, city authority, etc.) is for 3. Activities -Activity statement is a description of what will go on in the building 4. Draft requirements Includes a space budget listing functional requirements, also spatial... ... Process’,Dawe.L.2014 Part B: Lecture 4 - ‘Practice Management’,Dawe.L.2014 Lecture 5 - ‘An introduction to BIM’- Past Present and future, Comiskey.D.2014 Lecture 6 - ‘Plan of Work 2013’,Dawe.L.2014 Lecture 7 - ‘Procurement&Construction process’,Dawe.L.2014 Books Greenhalgh, B (2011). Introduction to Building Procurement. London: Spon Press Ostime, N (2013). Architects Job Book. London: RIBA Publishing. Websites RIBA. RIBA Plan of Work 2013. Available: http://www.architecture.com/TheRIBA/AboutUs/Professionalsupport/RIBAOutlinePlanofWork2013.aspx#.Uz5Cm_ldUgQ. Last accessed 2nd April 2014. placeni. Summer Urban design school. Available: http://www.placeni.org/. Last accessed 2nd April 2014 The Joint Contracts Tribunal. (1998). Contracts. Available: http://www.jctltd.co.uk/home.aspx. Last accessed 2nd April 2014.

Macy’s Department Store Repositioning Essay

Executive Summary As the global recession happened, the traditional department stores were experiencing consistently declining sales and market share. Also, the traditional department stores industry is between mature and decline stage of life cycle. Macy’s changed parts of their strategy and consolidation that focuses on localizing management, strengthening supplier relationships and providing products and customer service based on local consumer preferences. However, the consolidation was not with problems. With dealing these problems Macy’s changed parts of the strategy as following: * Continuing to adjust its portfolio of store. * Focusing on Fashion. * Continuing to develop and debut Macy’s private labels in bedding, outwears etc. * Increasing national advertising with emphasis on fashion and service. Statement of the problem/opportunity/and objectives The tradition department stores were one of the areas hit by the recession. While some companies dropped previously supported causes and programs, Macy’s got more profit and market share through repositioning strategy and consolidation, even with the rough economic times. Analysis of the situation External and internal Macy’s is a kind of traditional department store, and consolidation in 2005, at that time the economy is quite good. In 2008, the broad environment is not good; the economy of U.S. entered a recession. The sales of Macy’s are decreased. Also, in 2011, the price of gasoline and cotton were increased. This increased the cost of Macy’s. So the profit and market share of Macy’s reduced. As the department stores industry was attracting fewer and fewer consumers, Macy’s entered into the declining industry life cycle model. The recession and the declining industry life cycle model are both negatively affect the success of Macy’s. Although the external factors are not good, the internal factors are very good for Macy’s. One such factor was Macy’s has the national recognition. Another positive factor is Macy’s is really strong. It has 810 stores across the United States. Thirdly, Macy’s has the experience management. Macy’s was founded between 1843 and 1855 in downtown Haverhill, Massachusetts. Department stores created for â€Å"one-stop shopping†, Moreover, they had specific experience in converting regional brands to the Macy’s brand. A fourth factor contributing to the successful consolidation was that Macy’s made their stores on prime locations. These internal factors are positive for the success of Macy’s. Porter’s five –forces model Porter’s five –forces model describes the competitive environment in terms of five basic competitive forces: 1. The threat of new entrants. Macy’s had more competitors because more and more self-made fashion lines join to the market to get the market shares, such as H&M, Forever 21. Self-made fashion brands remodeled for more pleasant shopping experience. It is the threat for Macy’s. Also, the developed national stores have the lower cost and overcome quality and service same as Macy’s, it cause the competition. 2. The bargaining power of buyers. Buyers threaten an industry by forcing down price, bargaining for higher quality or more service, and playing competitors against each other. Macy’s has lower cost but because of the bad economic, the customers have little bargaining power. Secondly, Macy’s already had everyday value. They give lower price means they will get lower profit. Low profit creates incentives to lower purchasing costs. However, highly profitable buyers are generally less price sensitive. 3. The bargaining power of suppliers. Supplier power refers to the ability of providers of inputs to determine the price and terms of supply. Suppliers can exert power over firms industry by raising prices or reducing the quality of purchased goods and services, so reducing profitability. After Macy’s consolidation, Macy’s bought mass amounts from same buyers and Macy’s have strong relationship with these buyers. The bargaining power of suppliers is really high. 4. The threat of substitute products and services. All firms and industry compete with other industries offering substitute products or services. The threat of substitute products and services was the major concern, particularly with discounters such as Target offering similar products, and large chain that specialized in clothes such as H&M. 5. The intensity of the rivalry among competitors in an industry Rivalry refers to the degree to which firms respond to competitive moves of the other firms in the industry. Macy’s repositioned its industry segment to the upper middle level. Macy’s decided to change the strategy, they will be more fashionable and fashion at lower price. Also Macy’s change the brand to focus in attracting customers interested in fashion rather than customers in a specific demographic. Unique and a sustainable competitive advantage Macy’s repositioned itself as an upper-middle level store is easily imitable. Other department stores also can position as the same level. But Macy’s attempt to become â€Å"America’s department store† is something that other, small department stores cannot imitate. Also, Macy’s focus on less traditional and conservative than other department stores is a flawed value proposition, but it is not a bad one. Because of some of the consumers may like the traditional Macy’s. Consolidating brands to allow for lower prices is a good way to cut cost and to be unique. Identification and evaluation of alternatives Macy’s consolidation and repositioning strategy is really good and Macy’s did the best decisions. Because as the external environment is bad but Macy’s use itself internal advantage to consolidate and reposition to gain back the market share and profit. Consolidation and repositioning strategy help Macy’s get more brand power, prime location and improved consumer experience. Additional Macy’s got consumers focus on the affordable fashion. However, it also came with some problems such as uncertain industry conditions, excess costs and emphasis on standardization. Macy’s Future As Macy’s pursued an aggressive strategy in 2011, Macy’s was doing well. Almost everybody knows the everyday value of Macy’s and Macy’s afford the â€Å"America department store†. But department stores industry is in declining and competition is growing rapidly. Macy’s has recently instituted the strategy to compete in a tough market. So Macy’s is doing well and have huge advantage, but maybe other department stores will catch up and overcome in following years. Macy’s may change strategy when economy, competition change.