Fonterra Cooporative Group Limited globalization and competitive

Fonterra Cooporative Group Limited globalization and competitive In this report is are discussing about the how the Fonterra Co-operative Group Limited (Fonterra) can gain the competitive advantage in the market and what strategies has been adopted by the Fonterra company through globalization, under the finding of this report it will evaluated the SWOT analysis of Fonterra company ,by using the SWOT analysis how Fonterra can clearly know the companys key business structure and operations, history and products, strength ,weakness ,Opportunity and weakness ,beside that it also discuss about the porter five forces about how Fonterra have adopted the strategies to gain the competitive advantages in global market and how Fonterra compete with the competitor . Beside that this report also discuss about how the Fonterra adopted the total quality management, brand strategies, product repositioning and supply chain in order to sustain it success in long term Some research has been done to write this report. All the research sources are based on book, website, journal articles, and media articles. The information from the sources helped to discover how Fonterra the increase the market share in some market such as using alliances strategies in some high competitive market ,how to repositioning to gain more market share and how their establish the brand into the consumer mindset 1.0 History of Fonterra Company Fonterra Co-operative Group Limited (Fonterra) owned by New Zealand dairy farmers and it representing 96 per cent of all dairy farmers in the country. As we know the Fonterra Co-operative Group Limited was established in year 2001 from the merger of the two largest cooperatives which is New Zealand Dairy Group and Kiwi Co-operative Dairies. (http://www.fonterra.com/wps/wcm/connect/fonterracom/fonterra.com/our+business/fonterra+at+a+glance/about+us/our+history) through the merging within 2 companies, Fonterra gaining the monopoly control of the New Zealand domestic and export dairy industry. The headquartered of Fonterra the office is in and employs 15,600 people. Beside that Fonterra supplies nearly 40percent of the global whole milk powder (WMP) market (http://www.nbr.co.nz/article/nzx-launches-milkpowder-futures-103322) and with revenue exceeding NZ$16 billion and they become one of the worlds largest dairy companies. The operating profit in year 2009 was was NZ$922 million as comp ares to the year 2008 the operating profit have been increased around NZ$ 324million .and the net income in year 2009 also increased around 73% compared to year 2008 which is NZ$244 million.( http://www.foodista.com/book/MB5XFZ2M/fonterra-co-operative-group-limited-swot-analysis) As we know Fonterra is a supplier of dairy products and dairy ingredients. It principally engages in collection, manufacture and sale of milk and milk derived products. The company supplies value added dairy products to the customers around the world. In addition it also provides dairy ingredients which include, ready-to-serve beverages, butter, ready-to-serve creams, yoghurt, cheese, milk, ice cream, desserts and.  Its ingredients are used to manufacture a wide range of dairy products for markets around the world. We know that Fonterra is a dairy and dairy ingredients supplier. It is mainly engaged in the collection, manufacturing, and milk and dairy derivative product sales. The company offers value-added dairy products to customers worldwide. In addition, it provides dairy ingredients which include ready to drink beverages, butter, ready to serve cream, cheese, milk, yogurt, desserts, pre-proofed frozen pastry, and ice cream.a its ingredients are used in the manufacture of a wide range of milk Products in world markets. Some of the brand of Fonterra product we can easily found in market such as BROWNES, Anlene, FERNLEAF, ANCHOR, SOPROLE and TIP  TOP. (^ Leo Paul Dana, Jason Schoeman (2010). An Entrepreneurial Innovation: Mega Cooperatives. Asia Pacific Journal of Innovation and Entrepreneurship 4 (1): 67-88. http://jbia.jp/jpeg/APJIE4-1.pdf.) 2.0 SWOT Analysis SWOT analysis can essential the sources for top level company data and information .by using the SWOT analysis we can inspects the structure of business and the operation of the company .beside that it also will provides summary analysis of the main source of revenue lines and strategy and also the key competitors and major products and services. The figure 1.0 below is the analysis the SWOT of Fonterra company Strength Have the stable and secures supply of the milk resources in long term even the global demand is outstripping supply because of the uniqueness shareholder relationship within the farmer Due to the Fonterra is merging from 2 large of company of the large company in New Zealand so they pursue growth of the economic scale with the various resources. New Zealand is a higher productivity environmental for daily product. Large number expertise worker within the industry in the company. Weaknesses Due to the relationship of the supply is the vital of company to secure supply of the milk resources. The competitor could be pinch the supplier with the better price. Because of the merge the company the resources and infrastructure are overlapping and got resistance o restructure and relocation the infrastructure and resources Too reliable on climate and ecology .less efficiencies of the productivity compare to competitor. Opportunity They can reduce the barriers of entry in most market. WTO trade negotiations due to the lowest cost suppliers. The can increase the clean green image and value added of nutrition of it product. Threat Some of the country may increase the tariffs to protect the local suppliers. Some of supplying competitor may start to adopt more global Strategy. The legal and media crisis due to some issue. Too rely on exchange rates 2.1 Porters five forces analysis Porters five forces is a one of the strategies which can analysis the existing market and business strategy. By using these strategies Fonterra Company can develop effective strategies to raise your profitability, power, and competitive and understanding the competitive forces in your industry. 2.1.1 New Entrants Due to the de-regulated market structure of New Zealand and them also one of the member of the free trade country. In this way they might attract entrants competitor who are based for export oriented supply and processing .most of the Participants are mostly of the global entrants who preferring the low cost supplier nation with strategy of increasing export share. 2.1.2 Supplier Fonterra having the advantages in cost of items bought from suppliers because the have uniqueness shareholder relationship within the farmer. in the way the can get the lower cost supply and due to the relationship even the global demand outstrips supply of the milk resources they also will get the stable supply in long term. Beside that they also increase the efficiency of production in certain country such as India, china, Poland. For example they expending farm operation to increase production in china due to the current supply of high quality fresh milk cannot keep up with the demand of the current market for more information it can refer to http://www.sharechat.co.nz/article/9e40bb66/fonterra-milking-chinese-demand-expanding-farm-operations.html 2.1.3 Buyer Buyer is plays an important role in the market because they is the one who create the demand in an industry .as we know dairy product is a standardized product .Fonterra are facing the volatile price of the dairy product because of the changes in supply and demand of the product this is because most of the consumer are changing the eating habit beside that due to the floods in the dairy producing country it already affect the global stock. So they introduce a new online sales channel for its dairy commodities which can quickly notice to the price change of the dairy product. (http://www.nutraingredients-usa.com/Product-Categories/Dairy-based-ingredients/Fonterra-develops-online-trading-for-dairy-commodities) 2.1.4 Substitutes Dairy milk is a natural product how ever it also got some substitutes for it product such as soya milk, goat milk and other it will affect the demanding of the milk product in this way it might affect the profit of the Fonterra Company 2.1.5 Internal rivalry As a global company, Fonterra have to compete with the competitor such as Nestle, Kraft and other which are the global operation industry and rapid growth in the share market. Even a Fonterra company is a merge from the 2 large in New Zealand but they also face the threat from the global competitor because they might using the free trade to increasingly global market strategies .Fonterra have been consolidate dairy resources in the industry by being merged into larger and more efficient competitor . 2.2 Total Quality Management (TQM) Because fonterra is daily industry, the hygiene and health of the product should be awareness so that quality of the product are important to them because it might affect the image of the company if some customer was food positioning after taking the companys product .so the internal quality control of the product are plays an important role to build the competitive advantages in the market and also meet the customer satisfaction .Total Quality Management (TQM )system have been introduce to their company. Through the TQM they can increase the ISO accreditation because this is one of the ways for them to control the quality of the product. By this way company will have high confident to their product and also can easily get the trust from the customer as well for example New Zealand dairy giant Fonterra said Wednesday it is 100 percent confident in its milk supplies to a Chinese company under investigation over claims of tainted milk powder. (WELLINGTON, 2010)appendix 1 because of the TQM system they will highly defined the procedure and standards of their product. Beside that they also provided the training to all the staff evens the truck driver they also ensure they are well train and professional driver and meet the industry standard. 2.3 Strategies Repositioning Business repositioning is a critical marketing concept that is often only poorly understood. Most businesses will benefit greatly from some careful thought about strategic repositioning and product repositioning (http://www.m-insights.co.uk/business-repositioning.html) for the Fonterra they are keep on investing in the consumer product division ,new Zealand milk well this is an option or decision from Fonterra .but in this way the core supply competencies of Fonterra will be overlook . We know that Fonterra is a unique export-oriented global cooperation. They have won because of its experience in and knowledge of organizational respect for the dairy industry. In Asian countries, Fonterra has been re-positioning their Anlene product with the new clinically test which is protect bone strength within 4 week if women are drank 2 glass of Anlene hi calcium milk a days which able to reduces the amount of bone loss in post-menopausal after 4 week .thought the research Fonterra company has spent more than us$50 million on bone health research and it has conducted 18 clinical trials relating to bone health. In Indonesia Fonterra have gained the market share risk from 43% to 72% of the high calcium milk adult dairy product category and it become the market leader of the high calcium milk adult dairy product category across Asia and has experienced a 15% increase in growth this financial year 2009 due to the repositioning of the product Fonterras Anlene gets boost in Asia. (http://milk-brand.chikaworldfood.com/T_13248_____fonterra%E2%80%99s-anlene-gets-boost-in-asia.htm) 2.4 Supply Chain The supply chain can be define as the a collection of activities and organizations involved in moving products for example, raw materials from one point such as a manufacturers facility to another such as a customers distribution center. It includes the exchange of both material and associated information flows for example, shipment notices. (http://ops.fhwa.dot.gov/freight/publications/ftat_user_guide/sec5.htm) From the supply chain analysis, Fonterra can how and where the product resources from and how and where their selling end product. We know that Fonterra dairy is owned by the dairy farmers in New Zealand .they got approximately 13,000 milk suppliers and they also one of the shareholder of the company .beside the shareholders milk supply .Fonterra also got other addition milk supplier where from the other country such as dairy America and DFA from the united state, Nestle from the America,Bonlac from Austria and other because Fonterra is a international dairy companies. Fonterra have 80 plants around the world which for processing and manufacturing the resources. Beside that they also got 3 main research and development plants which at Massey (New Zealand), Mexico and Germany. Fonterra is a worlds largest multinational food companies and they have a good global distribution network for distribute the end product to whole world because they have been exported milk out of New Zealand around 20 year ago. They are exported the end product to Asia Middle East, Africa due to the high demand of the dairy product. Due to the production of dairy product is much more then the demand on it country. Fonterra are more widespread to use of rail to shipping their products throughout the country. This will enable us to get more frequent, flexible and reliable shipping options by this way it can give their customers greater confidence that our products can be delivered on time. In order to gain the market share and competitive advantages in the high competitive market .Fonterra are alliances with existing national dairy company in country to expanding dairy market. By using the alliance strategies they can expend dairy market in the country with the minimum cost. For example they have announce that a new joint venture in the United Kingdoms highly-competitive yellow fats market thought the alliances they establishment a new company that to be responsible for distributing and market of the product of ANCHOR brand in the UK country domestic market and developing the new product for the yellow fats market in British Isles and EU respectively. Fonterra mainly have divided the market place into 4 channels due to wide product range the four channels which is foodservice channels which is restaurants, hotels, bakeries. Retail channels such as supermarket, wholesalers, by product channels such as biotechnology, pharmaceuticals and consumer channel which is milk powder, cheese, yogurts and other. Each channel has different demand on the dairy product. (http://www.highbeam.com/doc/1G1-79373875.html) (Chen, I. J., Paulraj, A. (2004): Towards a theory of supply chain management: the constructs and measurements. In: Journal of Operations Management, 22/2: 119-150) 2.5 Branding Strategies By using the branding strategies Fonterra can understand the customer preferences and expectations from the brand beside that it also can make you product different from other product .thought the branding it can build a strong position on the product and make it become more unique ,sustainable and valued place in customer mind . A good brand strategy builds the customer loyalty which customer will continue purchase your product without reflect on the price. Fonterra are dividend their consumer business into three major regions which is Australia and New Zealand, Africa, Asia , Middle East and Latin America and it bring compound annual growth rate around 20% for the last four year By using the branding strategies it bring the growth at 4-5 % per annum in the Asia Middle East and the market price is worth NZD$12.5 billion .by the estimate the consumption of the Fonterra product will continuing raise due to Asia and Middle East are starting focus on their health and wellness. The most successful product brand strategy in the Asia and Middle East is Anlene. As we know the Anlene was create in year 1991 in Asia which are the high calcium milk to maintain the strength of the bone and prevent the osteoporosis, by the successful brand strategies today Anlene has bringing in over $320 million per year which represent almost one-fifth of the total sales revenue in the Asia country .Fonterra have invest around $2-3 million annually on bone health research and looking how to develop new format and formulation of the Anlene product. A research report from the International Osteoporosis Foundation showed that 286 million people in China will suffer from osteoporosis or low bone mass by 2020, and this figure may rise to 533 million by 2050.in this way they have launched the Anlene in china market. Instead of earning money they also conducted over 3 million bone scans in Asia country since 2006 beside that the also educated the consumer the risk of the osteoporosis and how to prevent it. For example they provided a free service to Malaysian consumer about the bone health check and beside that some of the consultant will give the advice on the consumer about what is going on and how to overcome the situation .for more information it can refer to appendix 1 Beside the milk powder of Anlene product, the Anlene Concentrate also have launched in the Asia country to target on different segmentation consumer .to build a good reputation of the Anlene product beside education some knowledge consumer and the boned check service they also hired Michelle Yeoh which is the action movie star in Asia and become spoke person of its product .it this way they manage to sell Anlene with the premium brand with is 30-50% expensive compare to the normal milk. (http://www.fonterra.com/wps/wcm/connect/418dd400440c080d84b29e9906727cef/240610%2B-%2BCEO%2BAndrew%2BFerrier%27s%2Baddress%2Bto%2BSIDE.pdf?MOD=AJPERES) (http://www.agro.uba.ar/agro/agroneg/pdf/strat_manag.pdf) à ¢Ã¢â€š ¬Ã‚ ¢ Ireland, R D, Hoskission, R E Hitt, MA 2009, The management of strategy concepts, 8th edn, South-Western Cengage Learning, USA à ¢Ã¢â€š ¬Ã‚ ¢ Singh, K, Pangarkar, N Heracleous, L 2010, Business strategy in Asia a case book, 3rd edn, Cengage Learning Asia, Singapor 3.0 Recommendation

Tillie Olsens Yonnondio Essays -- Yonnondio

Tillie Olsen's Yonnondio    In contrast to many other Depression-era novels, in which the teamwork of the common man is seen as society's glue, Tillie Olsen's Yonnondio looks with great admiration at one family's struggle to keep above water. Through the travails of a coal-mining/farming family, Anna Holbrook becomes the one constant in a society that turns man against himself, and where fortune is evanescent.    The thirst for something stable is evident as the children show their awe of the physical world. As an adult explains the stars to Mazie, Olsen writes: "As his words misted into the night and disappeared, she scarcely listened†¹only the aura over them of timelessness, of vastness, of eternal things that had been before her and would be after her, remained and entered into her with a great hurt and wanting." (33) The present, the words describing the stars, hold no intrigue for Mazie; the idea of a permanence stronger than the Depression does. Two pages later, Olsen writes of Mazie stripping corn silk: "Ã…  she would dream of weaving it into garments incredible. But the tassells withered, grew brown and smelly, and she had to throw them away." (35) Her actual life results only in death, and she must again call up something enduring, "a poem learned from Old Man Caldwell." (35)    Olsen views the Holbrook's struggle as heroic. Says Caldwell, "'Mazie. Live, don't existÃ…  Better to be a cripple and alive than dead, not able to feel anything. No, there is more†¹to rebel against what will not let life be.'" (37) It is this very nobility that allows the Holbrook family to survive past expectations. Life is filled with hurdles, most coming from other people. After learning about different natio... ... emotional resource for the split family. The last passage reveals Mazie's mixture of compassion and strength necessary for survival in the dusty, cold world: "Her hand on the arm around him was open and tender, but the other lay fisted and terrible like her father's that night in the kitchen. Till the dayÃ…  " (152) Olsen has faith in the family; they have waded through hardship after hardship, encountered abandonment and death, and still they will wake the next day. Survival here is not accomplished by reliance upon others, but on one's own reserve of will. This is a stark departure from Steinbeck's and others' views on the Depression; nonetheless, both schools of thought hold tremendous sympathy for the lives full of misery about which they wrote.    Work Cited Olsen, Tillie.   Yonnondio: From the Thirties, Delacorte, 1974, reprinted, Dell, 1989.

John Edwards Essay

On the eve of Super Tuesday, there is one notable figure that is absent on the Democratic Ticket: John Edwards. To the dismay of some and to the delight of others, John Edwards recently dropped out of the Presidential Race. Edwards also ran in 2004 and was placed on the ticket with John Kerry who together, was narrowly beaten by George Bush and Dick Cheney that year. John Edwards did, during his run, attract a wide array of people who, never before, were interested in politics. There are many who believe that politicians who will only say what they believe will get them elected. John Edwards has been one of the few candidates who says what he believes and when he feels that he was on the wrong side of history, is quick to apologize for that vote. Some pundits would call that pandering but those who know John Edwards and those who have voted for him in the past and were planning on doing it again in the future, know the reality of the situation to be otherwise. It would then behoove those who find the democratic process in America fascinating and an example of the greatest example of representative democracy in the world, to explore one of the most successful candidates in modern American political history, who never became president but who had the voice of millions of Americans. John Edwards was born on June 10, 1953 in South Carolina. Upon entering college at Clemson University, Edwards was the first in his family to enroll in college. Edwards made the most of his time in college where he graduated with high honors and left Clemson with a degree in textile technology. It was also at this time where Edwards met and married Elizabeth Anania and together, had four children. Edwards has always had a close bond with his family and through his wife, Elizabeth, has found the strength to begin a life as a politician. Elizabeth Edwards, upon revealing that her cancer has come back and is indeed terminal, has become an inspiration to millions who admire her courage and/or have cancer themselves or have been affected by the deadly disease. They have not kept their struggle private but have instead voiced their experiences with the rest of the country. Focusing on Edwards’ career in the public forum: It first began in 1978 when Edwards became a lawyer at the law office of Dearborn & Ewing. It soon became obvious that Edwards had a real talent for the law profession and soon was winning some of the highest settlements for his clients in North Carolina History which totaled more than $70 million. The most notable case occurred in 1997 when Edwards took the case of a family whose young daughter had been disemboweled by a pool company who failed, after being warned of the dangers, of placing protective covers on the highly powerful suctions which are used to keep the pool water clean. The family was awarded a $25 million settlement. (Pear, 2008 pg. 18) Edwards, the family said, was selected to be their lawyer, because he had accepted less than the standard 33% legal fee of the judgment if the family lost the case or the settlement was small. The case served as a stepping stone for Edwards as it eventually prompted him to seek political office. Edwards won election to the U. S. Senate in 1998 as a Democrat in a state that was once known as a strong hold for the Republican Party. Edwards helped to break that mold and would remain a senator from 1998 until 2005 when he would eventually vacate his seat to seek the presidential nomination from his party. During his time in the Senate, Edwards sponsored 203 bills. (Krugman, 2008 pg. 6) It was here that Edwards’ voting record was established and his beliefs on some of the most pressing and important issues of the day, were set in motion. Due to the fact that John Edwards dropped out of the race before â€Å"Super Tuesday† he does not have campaign headquarters in Illinois. The main site of his campaign headquarters was in Chapel Hill, North Carolina. During his campaign, his main form of advertisement was divided between radio ads, television ads and on the internet. With regard to the Internet, ads were placed on his own personal website: www. johnedwards. com, online ads could also be found on websites such as www. myspace. com and www. youtube. com as well as with what has become known as â€Å"blogs† or online editorials from both his staff, supporters and those within the general community who supported John Edwards and believed that he would be the best choice for the country’s next president. All of the above mentioned were concentrated on the mediums that people that lived in the primary states, were going to see it as it would have been fiscally unwise to advertise in Washington State, when any candidate first needed to have a favorable showing in the Iowa caucus or the New Hampshire primary for example. One of the most important issues facing America today, and which is brought up in every campaign and promises to remain a controversial issue, is the war in Iraq. Edwards, like Hillary Clinton, voted for the Iraq War Resolution, only to reverse their opinions. Edwards stated in October 2002, after 9/11 and before the war in Iraq began: â€Å"Almost no one disagrees with these basic facts: that Saddam Hussein is a tyrant and a menace; that he has weapons of mass destruction and that he is doing everything in his power to get nuclear weapons; that he has supported terrorists; that he is a grave threat to the region, to vital allies like Israel, and to the United States; and that he is thwarting the will of the international community and undermining the United Nations’ credibility. † (Washington Post, 2008 pg. ) Two years later, Edwards defended his vote by stating: â€Å"I would have voted for the resolution knowing what I know today, because it was the right thing to do to give the president the authority to confront Saddam Hussein†¦ I think Saddam Hussein was a very serious threat. I stand by that, and that’s why [John Kerry and I] stand behind our vote on the resolution. † (Washington Post, 2008 pg. 2) It has been an issue that he later apologized as he officially changed` his mind on the issue. This has been viewed as weakness and pandering to some but has shown the human side of Edwards and humility. Many voters today are stating that the economy, to them, is the most important issue. This is understandable as many economists believe that a recession is coming, if she is not already here. Edwards advocated the rolling back of President Bush’s tax cuts which the Democrats perceived to be economic measures that are used only to benefit the rich. However, Edwards was in support of the President’s recent stimulus package which involves over $150 billion in rebate checks. The belief being that people will quickly place the money back into the economy which as an s results will help to avoid a further downward spiral of the economy. However, Edwards has differed from the president in the fact that he has called for the stimulus package to include rebates for the unemployed and uninsured; a wider range of individuals and people who, Edwards believes, deserves a larger share of the economic stimulus rebates. In the area of health care, Edwards has advocated that America follow the lead of Europe through the socialization of medicine. Edwards stated: â€Å"One of the reasons that I want to be President of the United States, is to make sure that every woman and every person in America, gets the same kind of things we have. John Edwards was commenting on this in reaction to the news that his wife’s cancer has come back with a redoubled vigor. Others who do not have the same financial abilities as the affluent Edwards family, can expect far inferior treatment. John Edwards seeks to change this. However, Edwards is careful to advocate universal health care and wants to show the difference between universal health care which most Americans want as opposed to socialism, which most people do not want. John Edwards has pledged to raise taxes $200 billion in order to pay for the program. Such sentiments raise a great deal of fear with those who believe in capitalism; the economic and social system that has given so much to America. If the aforementioned scare tactic were true, then one might have a credible reason for their objection. â€Å"There would be free choice of health care providers under a single payer universal health care system, unlike our current managed care system in which people are forced to see providers on the insurer’s panel to obtain medical benefits. Also, in regard to governmental involvement in universal health care, such fears are without merit. Taxes, fees and benefits would be decided by the insurer which would be under the control of a diverse board representing consumers, providers, business and government†¦ ‘The system would be run by a public trust, not the government. † (Krugman, 2008 pg. 3) John Edwards, like most Democrats, were critical of President Bush’s 2002 No Child Left Behind Act from its inception. Edwards agreed that the public school system is in deep trouble but states that NCLB does not go far enough â€Å"They didn’t fund the mandates that they put on the schools all over this country. That’s one of the reasons 800 teachers have been laid off in Cleveland. 1/3 of our public schools are failing under the Bush administration. Half of African-Americans are dropping out of high school. Half of Hispanic-American is dropping out of high school. We have a clear plan to improve our public schools that starts with getting our best teachers into the schools where we need them the most by creating incentives for them to go there. † (Washington Post, 2008 pg. 7) Increased funding and a greater concentration on the reasons why students are failing instead of relying mostly on tests. That has been the emphasis of John Edwards’ view on education. John Edwards voted for the Patriot Act and had been rather hawkish at first, in Democratic terms, about the defense of the nation in this post 9/11 world. Edwards has been instrumental in the passage of The Biological and Chemical Weapons Preparedness Act. The bill, introduced by John Edwards with Chuck Hagel (`R-NE`), establishes a coordinated national plan for responding to biological and chemical weapons attacks and directs states to develop plans for dealing with such attacks. Edwards has also been hailed as a friend of the environment who has pushed for a greater government role in pursuing the reduction of emissions from some of the country’s biggest factories. The League of Conversation Voters has stated about Edwards: â€Å"An excellent choice that sends a clear message about the need for change and renewed optimism in our nation’s leadership for conservation, public health, and other issues important to the American people, â€Å"Yet another strong environmental leader [on] the Democratic presidential ticket,† (Griscom, 2008 www. rist. org) This stance has helped Edwards to gain support from a wide array of the political spectrum and has resembled the Democratic Party’s renewed interest in the environment. During the 2008 Presidential Campaign, the Edwards camp raised more than $34 million and has spent $36 on campaigning, ads in Iowa and New Hampshire. He has ranked third behind Hillary Clinton and Barack Obama in campaig ning finance and has ranked third in the polls as well. Unfortunately, there has been for some time in American politics, a direct correlation between the amount of money raised and the votes that a particular candidate, whether Republican or Democrat can acquire. This has been the case for John Edwards who for the time being, has dropped out of the 2008 Presidential Campaign but who could emerge as a Vice Presidential Candidate as he did in 2004.

The Indonesian National Awakening - 1452 Words

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