Sunday, December 29, 2019
Wellness Plan for Factory Direct Essay - 1802 Words
ADVANTAGES According to Hareyah (2009), healthier employees will spend less time away from work; this can be the result of an effective wellness program. Sick employees who continue to present themselves at work can have a negative effect on employee morale. A company wellness program can improve the overall health and wellbeing of your employees. This can contribute to a decrease in presenteeism, and effectively increase employee morale. An ill employee can also cause other employees to fall ill, when they would otherwise not have fallen ill to begin with. Employee wellbeing and employee productivity are strongly connected. Hareyah (2009) also states that an effective employee wellness plan can ââ¬Å"decrease stress, improve concentration,â⬠¦show more contentâ⬠¦According to the study done by Gallup, Inc. (2010), ââ¬Å"Businesses big and small are realizing the importance of their role in the health and wellbeing of their employees. Healthy employees are more productive, report higher job satisfaction and lead to higher employee retention rates. The monetary benefits of providing for employees wellbeing are immense; and a comprehensive corporate wellness plan can dramatically reduce health insurance costs and premiums, sick days and employee turnover.â⬠DISADVANTAGES The actual costs of implementing a wellness plan varies from company to company, from provider to provider, and it also depends upon the type of plan implemented. However, ScienceDaily (2010) reports that ââ¬Å"A Midwest utility company learned firsthand that it pays to keep healthy employees fit, reaping a net savings of $4.8 million in employee health and lost work time costs over nine years. Over the nine years, the utility company spent $7.3 million for the program and showed $12.1 million in savings associated with participation. Medical and pharmacy costs, time off and workers compensation factored into the savings.â⬠PLAN OVERVIEW An important part of this research includes and overview of what other companies are doing, as well as, a highlight of actual plans from two major wellness planShow MoreRelatedThe Marketing Strategy Of Nestle1183 Words à |à 5 PagesThe Company Nestlà © Nespresso SA was established in 1986 with its headquarters in Switzerland. Nestlà © Nespresso is a globally managed business within the Nestlà © Group, the world s leading nutrition, health and wellness company. The History The Nespresso story began over 30 years ago with a simple but revolutionary idea: enable anyone to create the perfect cup of espresso coffee just like skilled baristas. The company would provide the coffee and the machine, giving home grown coffeemakers theRead MoreNetle: Recruitment and Selection1063 Words à |à 5 Pagess largest foods company. â⬠¢ Nestlà ©Ã¢â¬â¢s relationship with India dates back to 1912 â⬠¢ Began trading as The Nestlà © Anglo-Swiss Condensed Milk Company (Export) Limited â⬠¢ Importing and selling finished products in the Indian market. â⬠¢ Set up its first factory in 1961 at Moga, Punjab â⬠¢ The first product to be manufactured was Milkmaid â⬠¢ Now the product range has increased to about 80 â⬠¢ Famous brand names are NESCAFÃâ°, MAGGI, MILKYBAR, MILO, KIT KATâ⬠¦.. Vision: ââ¬Å"Good Food Good Lifeâ⬠Mission: ââ¬Å"To beRead MoreStrategic Business Value/Supply Chain Analysis: Nestle Essay4655 Words à |à 19 PagesStrategies 7 5.1 Creating Shared Value7 5.2 Sustainability8 5.3 International Competitive Advantage8 Section 6 ââ¬â Nestlà © Collaborations 10 6.1 Buy/Sell Agreements 10 6.1.1 Coco Plan Collaboration10 6.1.2 Sub-Collaborations 11 Section 7 ââ¬â Nestlà © Value Chain 12 7.1 Nestlà © as an Enterprise 12 7.1.1 Enterprise Value12 Read MoreFayols Principle of Management3631 Words à |à 15 Pagesrelationships between personnel and its management. à The Five Functions are: à 1. PLANNING The first function of management involves drawing up plans of actions that combine unity, efficiency, continuity, flexibility and precision with respect to the firmââ¬â¢s resources, type and significance of work and future trends and goals which the firm envisions to achieve. Creating a plan of action is the most difficult of the five tasks and requires the active participation of the entire organization. Planning must beRead MoreA Strategic Tool For Business Survival And Success1292 Words à |à 6 Pagescombat by boosting work productivity, and promising innovation. Moreover, they use these analysed data and algorithms adequately in order to shift customerââ¬â¢s value plans away from getting trustworthy industrial devices in order to gain new efficiencies and other profits. Microsoft Azure ââ¬ËInternet of Thingsââ¬â¢ service is familiar with the wellness of diverse line-of-business, financial capitals, and equipments, which can be an issue. If people can easily integrat e these assets and devices, they will be ableRead MoreNestle Supply Chain Case Study Essay2335 Words à |à 10 Pagesï » ¿Nestle, an international recognized multinational corporation is the worldââ¬â¢s leading nutrition, Health and Wellness Company. Nestlà ©Ã¢â¬â¢s mission of ââ¬Å"Good Food, Good Lifeâ⬠aims at providing customers with the finest quality of nutritional choices within a wide range of food and beverage classifications (NESTLÃâ° - Vassos Eliades. (n.d.). Retrieved from http://www.vassoseliades.com/consumer-goods/nestle.html, para. 1). The merger in 1905 between Nestle and the Anglo-Swiss Milk Company created the NestleRead MoreCharacterisitics of Business Leadership: Vera Wang1697 Words à |à 7 Pagessuch as Saks Fifth Avenue and Neiman Marcus. Made-to-order couture designs, lingerie, jewelry, eyewear, footwear, sportswear and home products were added to broaden the product line, over the course of several years. By 2002, Vera Wang had two factorie s, one in Florida and one in Ohio. By that time, she also owned dozens of boutiques. Her desire to reach all classes of clientel led her to release her wedding guide: Vera Wang on Weddings, in 2001. She realized that not everyone could afford a VeraRead MoreMarketing2539 Words à |à 11 PagesNutrition, Health and Wellness, Nestlà © products bring consumers the vital ingredients of taste and pleasure. As consumers continue to make choices regarding foods and beverages they consume, Nestlà © helps provide selections for all individual taste and lifestyle preferences. As Nestle said their vision is ââ¬Å"The worldââ¬â¢s leading Nutrition, Health and Wellness Companyâ⬠, which means they want to become the worldââ¬â¢s number one supplier value-added solutions for Nutrition, Health and Wellness for the food serviceRead MoreCase Study : Bachelor s Capstone For Human Services2460 Words à |à 10 Pagesreconnecting individuals with support services in the community. Jorge is a 67 year old Hispanic male and is recently widowed. He was born and raised in Mexico City before immigrating to the United States when he was in his early twenties. He worked as a factory line assembler in Chicago, Illinois for his entire adult life and earned his citizenship through The Immigration Reform and Control Act (IRCA) of 1986. He is a practicing Catholic and attended Spanish speaking services regularly up until the recentRead MoreEssay History of Nestle: A Swiss Company2632 Words à |à 11 PagesPage, and Farine Lactà ©e Henri Nestlà ©. It is headquartered at Vevey, Switzerland. Nestles products include bottled water, baby food, breakfast cereals, confectionary, tea, coffee, ice creams, pet food, frozen food and snacks. The company has 447 factories in 194 countries. The employee strength is 330,000 people. In 2011 the company was listed No. 1 in Fortune Global 500 as the worldââ¬â¢s most profitable organization. It ranks No. 9 in the FT Global 500 2013 with a market capitalization of$233billion
Saturday, December 21, 2019
Home Depots Operation Management - 1507 Words
Company Background Founded in 1978 by Bernie Marcus and Arthur Blank, The Home Depot is a one stop shop, do-it-yourself home improvement retail store. The first two Home Depot stores opened in Atlanta, Georgia in 1979 as warehouses, each occupying a space of 60,000 square feet (The Home Depot, 2013). When it opened, The Home Depot was the largest hardware store, selling over 25,000 different products and offering various home improvement services (The Home Depot, 2013). From its inception, The Home Depot has provided the best customer service in the industry, as associated guide customers through various facets of home improvement projects. The company is able to provide such service because its associates attend product training, andâ⬠¦show more contentâ⬠¦Because the companyââ¬â¢s supply chain was flexible and responsive, it was able to adjust its inventory in order to meet the changes in demand. Area for improvement. Currently the shapes of The Home Depotââ¬â¢s cr oss-docking distribution centers are I-shaped. The ââ¬Å"Iâ⬠shape is the most popular, because it allows freight to be unloaded from an arriving trailer and carried the short distance across the dock to be loaded into an outbound trailer. I-shaped docks however become less efficient as operations grow either over time or in the design phase. Therefore, company should explore a T-shaped cross docking distribution center as experiments conducted at the Georgia Institute of Technology suggest that a T and X shaped docks are more efficient and have lower labor costs (Bartholdi Gue, 2004). Competitive Advantage Low cost. The Home Depot offers customers its signature lowest price guarantee. If a customer finds a lower price for an identical, in-stock item, The Home Depot will not only price-match the merchandise, it will apply an additional 10% discount. This strategy ensures that the company prices its merchandise lower than its local competitors, ensuring a competitive advantage in the marketplace. Differentiation. The Home Depot differentiates itself through its customer service. A customer can receive professional advice while shopping. The company also offers free workshops to teach consumers how to tackleShow MoreRelatedHome Depot Supply Chain Management1480 Words à |à 6 PagesHome Depot Supply Chain Management The History of Home Depot Growth of the Organization Home Depot (TheHomeDepot, n.d.) began as a two store operation in Atlanta, GA in 1979. The concept was the brainchild of Bernie Marcus and Arthur Blank, with inspiration from investment banker Ken Langone and well know merchandising expert Pat Farrah. They envisioned a one stop, do it yourself store that carried most of the products needed to do common home care projects. The first two Atlanta based storesRead MoreThe Home Depot s Position1437 Words à |à 6 PagesFinancial statements are the primary way that public companies communicate its financial activities and position of the business to management, investors and other users of financial information. The Home Depot (NYSE symbol: HD) of the world giant home improvement retailer, has a complex business model that is characterized by its business philosophy, ââ¬Å"stack it high, watch it flyâ⬠which reflected a primary focus on sales growth in consumers and construction professionals. At the same time, the companyRead MoreHome Depot2281 Words à |à 10 Pages| | Home Depotââ¬â¢s Business Strategy Home Depot s target market is individual homeowners/small contractors. Even though the traditional ideology is that cost leadership and product differentiation business strategies are mutually exclusive, Home Depot was successful at using a combination strategy. First, Home Depot optimized the cost leadership strategy by offering low and competitive prices to its customers by emphasizing higher sales volumes with lower margins, while instituting a highRead MoreHome Depot Finance Case Essay1235 Words à |à 5 PagesBackground Information The Home Depot Inc. was founded in 1978 and is the worldââ¬â¢s largest home improvement retailer and the second largest retailer in the United States. The sales for the fiscal year 2000 were $45.7 billion, compared to $38.4 billion in fiscal 1999. As of January 2001, the company was operating 1,134 retail stores in forty-seven states, six Canadian provinces, Puerto Rico, Chile and Argentina. Home Depot stores sell a wide assortment of building materials, home improvement and gardenRead MoreHome Depot - Executive Summary Essay794 Words à |à 4 Pagesï » ¿Executive Summary -The Home Depot The Home Depot (Ticker: HD) is the worldââ¬â¢s largest home-improvement retailer along with being an American Fortune 50 company. The company operates 2,259 retail building supply/home improvement ââ¬Å"warehouseâ⬠type stores all across the United States, Canada and Mexico. The Home Depot has over 340,000 team members and is based in Atlanta, Georgia. The average store size is just over 100,000 square feet along with an additional 24,000 square feet set aside for seasonalRead MoreThe third Case Study ââ¬Å"Home Depotââ¬â¢s Blueprint for Culture Changeâ⬠studied Mr. Robert Nardelliââ¬â¢s role1500 Words à |à 6 PagesThe third Case Study ââ¬Å"Home Depotââ¬â¢s Blueprint for Culture Changeâ⬠studied Mr. Robert Nardelliââ¬â¢s role as the CEO of Home Depot. He approached management in an autocratic style, which was criticized by many. This paper will take a look at how Mr. Nardelliââ¬â¢s style follows Kotter and Cohenââ¬â¢s model of change. It seems that Mr. Nardelli and his team followed some of the steps of the Kotter and Cohenââ¬â¢s model, but not all. There are additional steps that his team could have taken to improve morale and developRead MoreSwot Analysis : Strategic Management1547 Words à |à 7 Pagesthe external marketing environment of the company. Strategic management tool gauges the macro environmental factors. It is prudent to follow PESTEL framework since different macro-environmental factors can affect a business strategy. PESTEL framework are interdependent of each other, they are dependent factors. Understanding PESTEL is critical prior to entry into a new country. The fact that a strategy is compatible with PESTEL in the home environment is no guarantee that it would work in another countryRead MoreThe Home Depot, Inc.1629 Words à |à 7 PagesThe Home Depot, Inc. has climbed its way up to being one of the worldââ¬â¢s largest home improvement centers, one of the largest retailers in the United States, and rank in the top 100 in the Fortune 500 companies list provided by fortune.com. (Fortune 500, 2016) They operate 478 warehouse stores that sell thousands of items to customers and professionals. They have retail stores located throughout the United States, with stores in all 50 states, as well as in Mexico, Chile, and Canada. Their goal isRead MoreOffice Depot : Operations Management1252 Words à |à 6 PagesOffice Depot: Operations is the Key to Success! Organizations large or small all strive to be successful through fostering a culture of great people, great processes, great products, and great results. Typically, three main functions play into an organization, marketing, operations, and financial accountability. Marketing generates the demand through the promotion of goods and services. Operations creates the goods, handles the movement of the goods, and ensures successful final delivery ofRead MoreHome Depot Analysis2960 Words à |à 12 PagesHome Depot ââ¬â 2010 Financial Report For fiscal year ended Januaryà 30, 2011 (fiscal 2010), Home Depot reported Net Earnings of $3.3à billion and Diluted Earnings per Share of $2.01 compared to Net Earnings of $2.7à billion and Diluted Earnings per Share of $1.57 for fiscal year ended Januaryà 31, 2010 (fiscal 2009). The results for fiscal 2010 included a $51 million pretax charge related to the extension of our guarantee of a senior secured loan of HD Supply, Inc. (the HD Supply Guarantee Extension)
Friday, December 13, 2019
Theories of Attachments Free Essays
Theories of attachment 1) ââ¬Å"cupboard loveâ⬠theories ââ¬â psychodynamic/behaviourists 2) The ethological approach 3) Bowlbys evolutionary theory 4) Social learning theory Studying attachments and their loss can help us understand how early relationship experiences can affect later development What is attachment? An intense emotional relationship that is specific to two people that endure over time. Prolonged separation brings stress and sorrow 1, ââ¬Å"cupboard loveâ⬠theory ââ¬â psychodynamic theory Sigmund Freud developed a theory of personality, to explain how each personââ¬â¢s personality develops he proposed that attachment grew out of the feeding relationship Key The psychodynamic approach analyses the psyche (your mind) i. e. We will write a custom essay sample on Theories of Attachments or any similar topic only for you Order Now it breaks down into constituent parts such as the id/ego/superego Psychoanalysts (like Freud) believe that: All babies are born with an innate drive to seek pleasure; Freud called this the pleasure principle Freud said there is a particular structure of the personality that is motivated by this principle: the id The id is the primitive part of our personality, which demands immediate satisfaction; all people pass through psychosexual stages. First stage of psychosexual development is oral, thus babies demand oral satisfaction The mother is the first love object because she feeds the child and so an attachment is formed. Freud saw this the first relationship as the foundation the foundation of all others. Infants attach to their caregivers (usually the mother) because of the caregivers ability to satisfy its instinctual needs. Quality of attachment and future relationships Healthy attachments are formed when the feeder practices to satisfy the infants needs, unhealthy attachments are formed when infants are deprived or over indulged. If the childââ¬â¢s first relationship is loving, the child develops the ability to love, if not, adult relationships will be unsatisfactory Consequences If an infant is deprived at an oral stage, she/he will become fixated at this stage. Consequently, psychoanalysts stress the value of feeding, especially breast feeding. *research evidence does not supports this theory because the person who provides food does not always become the primary attachment object, evidence against this theory is the same for the learning theory. Learning theory Behaviourists believe that : Infants attach to those who satisfy their psychological/physical needs Learning theorists/behaviourists believe all behaviour is acquired through conditioning: 1)classical conditioning 2)operant conditioning Or through imitation 3)social learning theory Behaviourism Classical operant 1) Classical conditioning Food (unconditioned stimulus) produces pleasure (unconditioned response) So becomes associated with the person doing the feeding, who then becomes (conditioned stimulus) who now also produces pleasure even when no food. Babies associate caregivers with gratification, and learn to approach caregivers to have their needs met, they feel secure whenever caregiver is present Attachment works both ways Mothers get: Positively reinforced -by the baby smiling and developing Negatively reinforced -by the cessation of crying 2) Operant conditioning Dollard and miller (1950) adopted this principle To incorporate the concept of the mental states, a hungry baby feels uncomfortable creating a drive to reduce to comfort, when a baby is fed the drive is reduced, providing a sense of pleasure ( a reward) Food becomes the primary reinforce because it reinforces behaviour to avoid discomfort so becomes the secondary reinforce (conditioned) Social learning theory Babies learn by imitation, modelling a direct reinforcement. Hay and vespo believe parents deliberately teach their children to love them, by modelling affection parents also teach children in an explicity way to show affection * We learn through association and reinforcement but food may not be the main reinforce Harry Harlow challenges behaviourists and psychoanalytic ââ¬Å"cupboard loveâ⬠theory -study of the rhesus monkey -study of Scottish infants The ethological approach -ethology is the study of animal behaviour, in its natural environment Ethos=habit, manner Ethnologists introduced the concept of ââ¬Å"attachmentâ⬠Imprinting Some animals such as : sheep, geese for rapid attachments very soon after birth they attach to any moving individual present and follow them ,as if they were their mother. Lorenz (1935) called this imprinting *made geese follow him* Imprinting has: -short term consequences safety -long term consequences reproduction Definition of imprinting The tendency of non-humans to form a strong bond with the first moving object they see typical in precocial (new-born can move around) species like lambs, foals Imprinting doesnââ¬â¢t occur because the caregiver feeds the new-born, e. . goslings which contradicts the ââ¬Å"cupboard loveâ⬠theory Imprinting is a fixed action pattern (fad) i. e. a behaviour that occurs in response to a species ââ¬â specific stimulus, once imprinting has occurred, it is irreversible Critical period Imprinting must occur within a critical period, if biological characteristics donââ¬â¢t develop at a specific time, then they never will research shows tha t the critical period can be extended by changing environment Sensitive period Some ethnologists sayâ⬠instead of a critical period, there is a sensitive period: i. . a time when learning is most likely to happen, will occur most easily but learning can still occur at other times *imprinting in humans* Imprinting research mostly with animals Humans :Klaus and kennels skin to skin hypothesis (1976) There is a sensitive period immediately after birth when bonding can occur through skin-to ââ¬âskin contact, a year later these mothers and babies had stronger attachments But Goldberg (1983) found that the effects of early contact are small and short-lived How to cite Theories of Attachments, Essay examples
Thursday, December 5, 2019
Space Saving Furniture
Question: Discuss about theSpace Saving Furniture. Answer: Introduction Furniture occupies an important place of every residential and commercial environment. It is carried forward as a standard to display the self-expression in built form. It reflects an individual desires and hopes which provides a healthier chance to represent ones expression. While it is difficult for an individual to buy a house of their own choice but furniture gives a chance to reflect self image through better options and various desired result. It is often described as a challenging task to choose a piece of furniture due to its long life cycle and bulky nature (Abdelnour 2009). Space Saving Furniture uses less space and helps in providing multiple functions. Presently it has a large market in the urbanized cities because they have a large population and a large gap in between the sizes of the apartments. Urbanization has affected the lifestyle of the people largely. Presently designers are finding furnitures that can utilize the hidden spaces. People are looking for furniture that can be utilized for more than one thing. Its about being imaginative, and pursuing your dream no matter how small is your place. These characteristics has helped in development of Space Saving Furniture (Astonkar 2015) Furniture holds an emotional value in ones life as he chooses the best which can satisfy his desires pertaining to furniture. More often people choose furniture that satisfies his/her general requirements. Modern generation express their thought through home dcor. Its very difficult to find a house of own choice but furniture helps in shaping the thoughts of the user. Its common man dream to own a big house but in a realistic situation it is very difficult to buy one looking after the present market condition. In such a situation it is recommended to buy a small space to accomplish dreams through small size furniture (Xue 2016). They are considered to be modern age furniture looking after the current market situation. There is lack of space due to urbanization which has affected each individual. Furniture reflects the direct aspiration of an individual. Arrangement offurniturereflectsthe personality of a person, His way of living life and standard of living. Interiors andfurnitureare not only attractive spaces and stuff but a necessary part of the human needs andaspirations (Margarita 2016). Interior andfurnituredesign has adirect relation with the social, economic, and cultural aspect of an individual life. They reflect the mental status of an individual. There is a complex relation in between the lifestyle of an individual and furniture choice (Xie 2016) This furniture is designed on the concept that furnitures require two forms of appearance and functions. Space Saving Furniture has both an ordinary and transformed appearance. A simple example is the transformation of a sofa into a bed for guests or for kids in case of less residential space. This saves a lot of owner time and money. At present there are different kinds of space saving furnitures that can be utilized differently by the users. There are varieties of furniture like coffee table that can be converted into dining table, bookshelves that can be converted in beds. Space Saving Furniture is a revolution and transformation in the furniture industry. It has gained lot of popularity in recent years as this furniture does not dig the pockets of the buyers. People with a small budget find transformable furniture as an only option. Most of the people who are residing in large cities are either young people or new employees. They have insufficient fund to pay the rent for a large -sized apartment with fancy furniture. The transformable furniture helps both financially and mechanically. The market has multiple range of space saving furniture which matches the customers choices. There are variety of space saving beds and sofas and other furniture as they are the most frequently used equipment. These type of furniture helps in conserving the room space (Truong 2013). Space saving beds is divided into two categories: regular bed and the bunk bed. A regular sized bed can be used as a book shelf. The portion has a capacity to be transformed into a bed. The bed can be shaped according to the request of the buyers. At times the user can employ desk as his work place and can use it as a queen sized bed. One of the important features of Space Saving Furniture is that users do not have to move a single piece of furniture. These designs help the users to utilize the furniture efficiently. These designs are useful for small apartment with limited space (Crow2 015). Bunk beds are designed majorly for the school dormitories or a family with more than one kid. The two sets of bed are formed with a ladder. When not in use the space can be incorporated as a frame to be used to play. The ladder can be kept folded on the top of the bed. It is very easy to open out so that kids can do it by themselves. It is good options for those families where children do not have his/her own room (Chen 2015). A table can be used to meet multiple requirements. It can be extended as per the requirements. It helps in saving the space available in small apartments. A dining table can be used as a billiard table. This helps in meeting the multiple requirements with a less space residential spaces. The space saving chairs has become popular in the recent times. They are used to meet the multiple purposes of the users. These chairs can be easily assembled and taken apart. These chairs can be assembled by fitting different parts together and are economic. The design of spac e saving furniture does not make them transformable but an aesthetic piece which resemble an art. They hold lot of potential than the other type of furniture as they possess a scope of innovation. There is a special requirement of the special hardware while using transformable space saving furniture. They are different from the regular furniture because of different hardware implication. The main function of special hardware is to ensure smooth movement of the furniture. There are different types of hardware that are used as per the furniture design. These systems ensure the safety of the users. The handles are then automatically locked which helps in smooth functioning of the furniture. The sliding system is used in transformable table. The tables are available in variety of designs to extend and pull back. The designers assemble various sliding system to ensure smooth functioning of the table (Transforming furniture 2016). Utilizing customized space saving furniture saves space and fits the layout of the apartment in an easy manner. Transformable space saving furniture solves variety of functions in a passive house designs. Moveable walls, structure, beds, sofas, table, kitchenware, television etc helps in conserving the space and energy. The main purpose to introduce such designs is to save energy and utilize the space efficiently. All the items available in the house can be used adequately within a limited space. Transformable space saving furniture plays a pivotal role in energy saving houses. They help in designing the smallest part in an efficient manner which can be utilized to save resources. Two different rooms can be converted into one large size room. These designs are very useful in cities with very less space. They offer a significant opportunity to develop within the limited resources and save cost. There are a few companies which design transformable space saving furniture. These products are still unknown to a significant size of population. There are few designers who are selling space saving furniture who are selling furniture at a very high price. The huge price difference in between the normal and Space Saving Furniture is posing difficulty for their success (Lockton 2016). The most important areas of an individual space are his Living room. It is the first space visible to all guests. It defines individual taste and preferences his lifestyle and choices. It is unquestionably the liveliest place of the house. It is the place where all family members get together for everyday conversation. The space is extensively used to entertain visitors and guests (The Relationship between Designing Furniture and Designing Buildings 2016). Different mechanism helps in making a living room and other furniture keeping the family and visitors in mind. People are trying to make the most attractive area of the house and consequently a trendy place to get together. Urbanization in the recent time has affected the market needs largely. There is a very quick growth in the countries like China, USA and even in other developing countries. More people have a tendency to move to big cities in search of employment. There is an ample of opportunity for the space saving furniture to expand in the growing market. The purchasing power of the buyers directly affects the need of transformable space saving furniture. The price of the furniture lies in between $ 2000 to $ 24,000 US dollars. The target market should be the highly populated city. Population of the city affects the average living area. Smaller the living area higher will be the requirement of space saving furniture (Wang 2013). The furniture market is very difficult to analyze. The market trends in furniture industry are difficult to be recorded. It is because the market is disunited and requires special attention. The current market share of small furniture is more than 50 percent. However emergence of big name in the furniture industry may lead to significant growth in coming years. The furniture industry is facing multiple challenges due to market fluctuations. There is a gentler housing market which is causing a decline in the investment in most of the countries. The furniture market is facing a harsh competition from other retail stores. Economic recession in most of the country is causing a decline in the demand of furniture (Dazkir 2015). Physical environment has influenced the interaction among the people residing in it. Primarily it involves accessibility of communication and the psychological and social interaction among the people. Physical distance is a main determinant of social pressure. The mental condition of an individual depicts his/her choices and reaction towards the surroundings. These studies have shown that there is a direct relationship in between the individual needs and physical environment. They are interconnected with each other. The physical environment directly depends upon the quality of social interaction (Brand 2009). The consequence of nonverbal indications is reflected in the way a person behaves. The barrier of non- verbal indication may reduce the efficiency. Furniture can maintain and hearten social interaction among the people. Its arrangement removes obstacles between and among people. The most unfriendly arrangement of furniture reduces the overall productivity. A study shows that if furniture is rightly placed at workplace it helps in increasing the productivity (Pilar 2006). To make the most of group exchange, furniture should provide no indications to relative status within the group. Furniture need to be kept in a manner it allow open configuration, fundamentally in person orientations with every other member of the group. This encourages social dealings in an easy manner which helps in increasing the overall productivity. At macro-level an effective communication can be learned by a methodical study of task and skill management requirements. Self-organizing systems and contemporary offices can produce developing occurrence that depend significantly on original circumstances (Benton 1990) Space Saving Furniture has a scope to expand in the coming years due to urbanization. Big cities are facing critical issue with the space. They have very little space to accommodate everything effectively. Under such a circumstance it is recommended to utilize furniture which has multiple dimensions. Big cities are facing this problem on a regular basis. Big furniture houses are diversifying the industry by expanding their functions into this market. Market study is recommended to analyze the growing trend which has emerged in the market in the recent years. Good furniture holds aspiration of an individual, depicts his lifestyle. Present market exhibit growing changes that have affected an individual largely. Those who are residing in large cities are either young or new employees. They have insufficient fund to pay the rent for a large-sized apartment with fancy furniture. In that case space saving furniture serves the multiple purposes. References The Relationship between Designing Furniture and Designing Buildings. bDot Architecture, Inc, Accessed November 10, 2016, https://bdota.com/relationship-designing-furniture-designing-buildings/ Transforming furniture, Resource Furniture, Accessed November 10, 2016https://resourcefurniture.com/product-category/product-collections/transforming-furniture/ Abdelnour, Christine Brun.. Small Space Living. (Atglen, Schiffer Pub. Ltd. 2009) Astonkar Dhiraj and Kherde Sanjay, Development in various multipurpose furnitures by using space saving approach. International Research Journal of Engineering and Technology (IRJET). Volume: 02 Issue: 06 ,Sep-2015 Benton, Charlotte. "Le Corbusier: furniture and the interior." Journal of Design History 3, no. 2-3 (1990): 103-124. Brand, Jay L. "Physical Space and Social Interaction." Haworth 5 (2009): 2. Chen, Mengyao, and Zhongfeng Zhang. "Material in Furniture Emotion Design Expression Way." IJEIR 4, no. 5 (2015): 746-748. Crow, Michael. Mid-Century Modern Furniture: Shop Drawings Techniques for Making 29 Projects. " F+ W Media, Inc.", 2015. Dazkir, Sibel S., and Marilyn A. Read. "Furniture forms and their influence on our emotional responses toward interior environments." Environment and Behavior (2011) Lockton Dan. Architecture, urbanism, design and behaviour: a brief review, Accessed November 10, 2016 https://architectures.danlockton.co.uk/2011/09/12/architecture-urbanism-design-and-behaviour-a-brief-review/ Margarita. Clever Space Saving Ideas for Small Room Layouts, Accessed November 10, 2016,https://www.digsdigs.com/clever-space-saving-ideas-for-small-room-layouts/ Pilar Del Real, Oscar Tomico, Luis Pons, Joaquim Lloveras. Designing urban furniture through users appropriation experience: teaching social interaction design. Engineering and product design education conference7-8 September 2006, Salzburg University of applied sciences, Salzburg, Austria Truong, A. "Todays Most Innovative Company: IKEA Uses Augmented Reality to Show How Furniture Fits in a Room."Fast Company26 (2013) Wang Shiyao. An analysis of transformable space saving furniture. The University of British Columbia, Accessed November 10, 2016,https://open.library.ubc.ca/cIRcle/collections/undergraduateresearch/52966/items/1.0103142 Xie, Yi. "Chinese bench: a research on multi-function furniture design." (2016). Xue, Ruizhu, and Hongsheng Zhao. "Modifying Ways of Modern Local Furniture Design to The Ming-style Circle Chairs." In MATEC Web of Conferences, vol. 70, p. 05007. EDP Sciences, 2016.
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