Capital markets in India

Capital markets in India First, the country has not strengthened its capital markets fully. Currently, the National Stock Exchange (NSE) has not reached out to retail businesses and institutional investors properly. Furthermore, the stock market is dependent on metro cities; only about ten cities account for eighty percent of the trading at the NSE. This leaves many rural and semi rural areas untapped (Mohan, 2006).Advertising We will write a custom essay sample on Capital markets in India specifically for you for only $16.05 $11/page Learn More It has been shown that the Indian people have a very good savings culture. If the retail sector can be engaged, the capital markets will have better prospects for growth. Such an approach is quite imperative especially because the bond markets are growing at very good rates (Sharma Chandan, 2006). Financial literacy is another big problem in Indian capital markets. A number of people are willing to invest, but few of them are fully informed about financial instruments. Some of them have committed themselves to an investment, only to realize that they had not been told about the full risks entailed in the venture. For the Indian capital markets to grow, people need to know the benefits, risks, durations and volatilities of various types of investments before that can commit. Stakeholders have the responsibility of making this information available to them in an easily accessible and understandable form (Farrell et al., 2006). When compared to other capital markets of the world, it is a given fact that transaction costs in India are much higher than they are in similar economies. Consequently, this acts as a barrier that limits potential trading partners from participating in the market. The country is yet to take full advantage of the benefits of technology in order to cut down on some of these transaction costs. India has the opportunity to make their markets the ideal investment destination if it can work on this gli tch. This particular capital market also lacks new products innovation. One particular sector that needs to be improved is the area of financial derivatives. Investors in other parts of the world tend to rely on financial derivatives in order to protect or hedge out their investments against risk (Bekaert et al., 2003).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This can provide a new avenue for revenue growth and could push the boundaries of the Indian Capital markets to other parts of the world through foreign investors. Governance, regulation and risk management are also other sectors that can be improved in the Indian capital markets. Internationalization is fast becoming a reality for emerging economies. If India is competing internationally, it needs to clear out current structural bottlenecks. The country needs to have governance and risk management standards that are well streamlined. For any stock market to function efficiently, it needs to have a mechanism for providing resilience and stability to those concerned. Consequently, India needs to work on its current procedures and models so as to align them with international best practice standards (Shirai, 2002). India’s capital markets have been performing well irrespective of the global financial crisis (Gorham et al., 2005). This is indicative of the potential in these markets in the future. However, for India to reach to that level, it needs to know its weaknesses and work on them. I hope that these few highlights will help in understanding the Indian capital markets further. References Bekaert, G., Lundblad, C. Campbell, R. (2003). Equity market liberalization in emerging markets. Federal Reserve Bank of Louisiana report, 23 Farrell, D., Lund, S., Greenberg, E., Rosenfeld, J. Morin, F. (2006). Accelerating India’s growth through financial sector reform. San Francisco: MGI pu blishers Gorham, M., Thomas, S. Shah, A. (2005). India: The crouching tiger. Web.Advertising We will write a custom essay sample on Capital markets in India specifically for you for only $16.05 $11/page Learn More Mohan, R. (2006). Monetary policy and exchange rate frameworks: the Indian experience. Bombay: McMillan Sharma, V. Chandan, S. (2006). Developing corporate bond markets in Asia: The corporate debt market in India. TGI Report, Basel, 46 Shirai, S. (2002). Have India’s financial market reforms changed corporate financing patterns? Asian Development bank report, Tokyo, 34

Economic Deflation and How to Prevent It

Economic Deflation and How to Prevent It Is the problem that there is more to printing money than printing money? Is, in fact, the way printed money gets into circulation, that the Fed buys bonds, and thus gets money into the economy? What is the logical rabbit trail that leads to inflation from printing money? Would solving deflation this way work with todays low-interest rates? Why or why not? Deflation has been a hot topic since about 2001 and the fear of deflation does not look like it will subside anytime soon. What Is Deflation? This article on why money has value explains that inflation occurs when money becomes relatively less valuable than goods. Then deflation is simply the opposite, that over time money is becoming relatively more valuable than the other goods in the economy. Following the logic of that article, deflation can occur because of a combination of four factors: The supply of money goes down.The supply of other goods goes up.Demand for money goes up.Demand for other goods goes down. Before we decide that the Fed should increase the money supply, we have to determine how much of a problem deflation really is and how the Fed can influence the money supply. First, well look at the problems caused by deflation. Most economists agree that deflation is both a disease and a symptom of other problems in the economy. In Deflation: The Good, The Bad and the Ugly, Don Luskin at Capitalism Magazine examines James Paulsens differentiation of good deflation and bad deflation. Paulsens definitions are clearly looking at deflation as a symptom of other changes in the economy. He describes good deflation as occurring when businesses are able to constantly produce goods at lower and lower prices due to cost-cutting initiatives and efficiency gains. This is simply factor 2 The supply of other goods goes up on our list of the four factors which cause deflation. Paulsen refers to this as good deflation since it allows GDP growth to remain strong, profit growth to surge and unemployment to fall without inflationary consequence. Bad deflation is a more difficult concept to define. Paulsen simply states that bad deflation has emerged because even though selling price inflation is still trending lower, corporations can no longer keep up with cost reductions and/or efficiency gains. Both Luskin and I have difficulty with that answer, as it seems like half an explanation. Luskin concludes that bad deflation is actually caused by the revaluation of a countrys monetary unit of account by that countrys central bank. In essence, this is really factor 1 The supply of money goes down from our list. So bad deflation is caused by a relative decline in the money supply and good deflation is caused by a relative increase in the supply of goods. These definitions are inherently flawed because deflation is caused by relative changes. If the supply of goods in a year increases by 10% and the supply of money in that year increases by 3% causing deflation, is this good deflation or bad deflation? Since the supply of goods has increased, we have good deflation, but since the central bank hasnt increased the money supply fast enough we should also have bad deflation. Asking whether goods or money caused deflation is like asking When you clap your hands, is the left hand or the right hand responsible for the sound?. Saying that goods grew too fast or money grew too slowly is inherently saying the same thing since were comparing goods to money, so good deflation and bad deflation are terms that probably should be retired. Looking at deflation as a disease tends to get more agreement among economists. Luskin says that the true problem with deflation is that it causes problems in business relationships: If you are a borrower, you are contractually committed to making loan payments that represent more and more purchasing power - while at the same time the asset you bought with the loan to begin with is declining in nominal price. If you are a lender, chances are that your borrower will default on your loan to him under such conditions. Colin Asher, an economist at Nomura Securities, told Radio Free Europe that the problem with deflation is that in deflation [theres] a declining spiral. Businesses make less profits so they cut back [on] employment. People feel less like spending money. Businesses then dont make any profits and everything works itself into a declining spiral. Deflation also has a psychological element as it becomes rooted in peoples psychologies and becomes self-perpetuating. Consumers are discouraged from buying expensive items like automobiles or homes because they know those things will be cheaper in the future. Mark Gongloff at CNN Money agrees with these opinions. Gongloff explains that when prices fall simply because people have no desire to buy - leading to a vicious cycle of consumers postponing spending because they believe prices will fall further - then businesses cant make a profit or pay off their debts, leading them to cut production and workers, leading to lower demand for goods, which leads to even lower prices. While I havent polled every economist who has written an article on deflation this should give you a good idea of what the general consensus on the subject. A psychological factor that has been overlooked is how many workers look at their wages in nominal terms. The problem with deflation is that the forces causing prices in general to drop should cause wages to drop as well. Wages, however, tend to be rather sticky in the downward direction. If prices rise 3% and you give your employees a 3% raise, theyre roughly as well off as they were before. This is equivalent to the situation where prices drop 2% and you cut the pay of your employees by 2%. However, if employees are looking at their wages in nominal terms, theyll be much happier with a 3% raise than a 2% pay cut. A low level of inflation makes it easier to adjust wages in an industry whereas deflation causes rigidities in the labor market. These rigidities lead to an inefficient level of labor usage and slower economic growth. Now weve seen some of the reasons why deflation is undesirable, we must ask ourselves: What can be done about deflation? Of the four factors listed, the easiest one to control is number 1 The supply of money. By increasing the money supply, we can cause the inflation rate to rise, so we can avoid deflation. In order to understand how this works, we first need a definition of the money supply. The money supply is more than just the dollar bills in your wallet and the coins in your pocket. Economist Anna J. Schwartz defines the money supply as follows: The U.S. money supply comprises currency - dollar bills and coins issues by the Federal Reserve System and the Treasury - and various kinds of deposits held by the public at commercial banks and other depository institutions such as savings and loans and credit unions. There are three broad measures economists use when looking at the money supply: M1, a narrow measure of moneys function as a medium of exchange; M2, a broader measure that also reflects moneys function as a store of value; and M3, a still broader measure that covers items that many regard as close substitutes of money. How the Money Rupple Is Influenced The Federal Reserve has several options at its disposal in order to influence the money supply and thereby raise or lower the inflation rate. The most common way the Federal Reserve changes the inflation rate is by changing the interest rate. The Fed influences interest rates causes the supply of money to change. Suppose the Fed wishes to lower the interest rate. It can do this by buying government securities in exchange for money. By buying up securities on the market, the supply of those securities goes down. This causes the price of those securities to go up and the interest rate to decline. The relationship between the price of a security and interest rates is explained on the third page of my article The Dividend Tax Cut and Interest Rates. When the Fed wants to lower interest rates, it buys a security, and by doing so it injects money into the system because it gives the holder of the bond money in exchange for that security. So the Federal Reserve can increase the money supply by lowering interest rates through buying securities and decrease the money supply by raising the interest rates by selling securities. Influencing interest rates is a commonly used method of reducing inflation or avoiding deflation. Gongloff at CNN Money cites a Federal Reserve study that says Japans deflation could have been dodged, for example, if the Bank of Japan (BOJ) had only cut interest rates by 2 more percentage points between 1991 and 1995. Colin Asher points out that sometimes that if interest rates are too low, this method of controlling deflation is no longer an option, as currently in Japan where interest rates are practically zero. Changing interest rates in some circumstances is an effective way of controlling deflation through controlling the money supply. We finally get to the original question: Is the problem that there is more to printing money than printing money? Is, in fact, the way printed money gets into circulation, that the Fed buys bonds, and thus gets money into the economy?. Thats precisely what happens. The money the Fed gets to buy government securities has to come from somewhere. Generally, it is just created in order for the Fed to carry out its open market operations. So in most instances, when economists talk about printing more money and the Fed lowering interest rates theyre talking about the same thing. If interest rates are already zero, as in Japan, there is little room to lower them further, so using this policy to fight deflation will not work well. Fortunately, interest rates in the U.S. have not yet reached the lows of those in Japan. Next week well look at seldom used ways of influencing the money supply that the United States may want to consider in order to fight deflation. If youd like to ask a question about deflation or comment on this story, please use the feedback form.

Information Need For Accounting Information System AIS Research Paper

Information Need For Accounting Information System AIS - Research Paper Example From this paper it is clear that  corporate leaders might consider the accounting information system as a system that can function efficiently independent of the overall management system as long as it is developed in the right manner and in line with the objectives of the company. However, this can lead to improper assumptions of the accounting information system because the accounting information system is one of the important components of the management system and as such must be integrated into business management and its performances as a part of the overall management system function.As the report discusses  improper assumptions on accounting information systems and related information could have the most negative potential impacts in business operations. First, improper assumptions could cost an organization loses in money and time in its business operations. For example, if an improper assumption is made and leads to miscalculation of important calculations required ensu ring that a business operation becomes a success, over-estimation or under-estimation of resources could be caused. A business operation could be overfunded or underfunded because of an improper assumption, something that could be realized later into the project. This could bring about unimaginable loses for the organization.  Improper assumptions could affect planning and lead to incorrect assumptions about the requirements of a business operation.

Sustainable Development in the UK and the Netherlands Essay

Sustainable Development in the UK and the Netherlands - Essay Example Netherlands have extracted and prioritised the demographic factor about world population, a knowledge based economy, energy consumption and mobility, sustainable water consumption and biodiversity functioning in the earth's ecological balance (NSDO, Feb 2002) It is just because of the workings of well-known sources of market failure, that the economy is left to its own devices for 'under supply' or ignoring the environmental goods and services that make up sustainable development, such as clean air and water, parks, wilderness habitats, water levels, and plant diversity (Scott et al, 1995, p. 4). The area I have chosen for analysing sustainability is the water management. UK realises the way we survive today i.e., we drink and breathe a carbon constrained and water constrained world. This is the reason for why UK has recently proposed the Eco-towns Prospectus that requires sustainable water development as a whole should reach zero-carbon standards. The Future Water Strategy as set in March 2008 for England plans the decisions of UK Government to set for water in the future and the practical steps that will need to be taken to ensure that clean water is available for the people to drink. The current plan of 2008 looks forward towards 2030 in order to examine the water cycle that have a profound effect, from rainfall and drainage procedures to discharge and treatment (TCPA, 2008a). Flood Risk: New development is going on in terms of managing flood risk in which sequential testing method is planned to be applied. In this case "Planning Policy Statement" is applicable and requires development away from the area that is subjected to highest flood risk. Therefore technical assessment is necessary in context with FRA (Flood Risk Assessment), where assessment easily identifies the main factors behind potential risks involved with the surface water drainage and sewer flooding, therefore the development should fulfill all the requirements for a sustainable master plan. UK now being aware of the possible threats of floods have managed eco-towns to clearly demonstrate innovative approaches so as to minimise the loss of flood risk while taking into account all those longer-term impacts of climate change that somehow directly or indirectly influences the lifetime development of water management. This has provided the UK water management some options like identifying the possible opportunities to reserve enough space for water usage while strategically locating green space for flood storage in times of flood, using conveyance and Sustainable Drainage Systems and recreating functional flood plains. This way the various flood zones work in accordance with the communities to improve their performance and vigilance so that in circumstances where exceptional flood occur, an eco-town suffers the least impact. Sustainable Drainage Outcomes (SUDS): A new technique incorporated by eco-towns is the SUDS that incorporate viable and cost-effective solutions by avoiding or reducing the need for hard engineering solutions. In order to avoid the threat of eco-towns exploitation, various planning authorities work in collaboration with planning and legal agreements to secure the implementation of SUDS. The SUDS

The Wicked Day by Mary Stewart Essay Example for Free

The Wicked Day by Mary Stewart Essay The Wicked Day, Mary Stewart’s concluding volume of the four-book series called the Arthurian Saga proved to be another fantastic display of mastery in Middle Ages inspired literature. Stewart’s primary modification the original Arthurian legends is making Mordred, originally Arthur’s twice-removed cousin, into Arthur’s bastard son to his half-sister Morgause. Although I initially did not like this alteration, this book proved to be an enchanting version of the original legend of King Arthur and his knights after all. What I liked about it most is its non-typical approach to the characters. In the original legends which I’ve also read, the dialogue used was not very exciting, and the emotional impact of events that unfolded was not so intense. Stewart’s take on Arthur is a lot more mature, making her book stand heads and shoulders above the bland mass of other fairy tales whether in book or screen which is based on the story. She presents Arthur, Mordred, Morguese and the rest as three-dimensional characters in a realistic world. Arthur himself was not shown as a faultless leader, neither was Morguese shown as evil incarnate as she usually was in the original where she also wasn’t portrayed to have had an affair with Arthur. Morguese in Stewart’s book was shown more like a victim of circumstance, and even Mordred was humanized in Stewart’s tale, a man without lack of conscience who must battle his own demons and settle his grievances against a father who abandoned him. I think these elements make the entire saga and its inevitable ending portrayed in this installment as a lot more morally gray, it makes it hard for me to judge whether a particular character is good or bad and I ended up not doing so at all. Truly a treat for Arthur lovers everywhere, the magic in her book is subtle yet captivating. Source: Stewart, Mary. (1983). The Wicked Day. Ballantine Books.

Biking the Virginia Creeper Trail :: Tourism

Biking the Virginia Creeper Trail Biking the Virginia Creeper Trail is an outstanding experience that you will never forget. The trail is located in a beautiful, small town in Virginia known as Damascus. This town provides many amenities such as lodging, dining and great outdoor entertainment. The town of Damascus is located about fifty miles northeast of the East Tennessee State University campus. From campus you will get onto US181 north for about twenty miles and then turn off onto the Bristol exit. This exit will then put you onto US81north. As you cross the Tennessee, Virginia line you will see signs to Damascus, Virginia. From the state line Damascus is only thirty-five miles away. After you exit to Damascus the signs are very explanatory. The Creeper Trail dates back to the early railroads in Abingdon, Virginia, in the 1880’s. Abingdon is a town outside of Damascus where a coal and iron railroad company was built. The railway traveled through Damascus and to the top of Whitetop Mountain. The railroad ran for many years but later on became damaged by floods and torrential rains. In 1977 the railway was finally torn down and the land was turned over to Abingdon and Damascus. The trail then became a biking, walking, and a horseback-riding trail. A great site to get historical information on the Virginia Creeper Trail is, (www.vacreepertrail.com/history/VACreeperHistory.htm) The town of Damascus is very charming with its beautiful Victorian houses along each road and the friendliness of the locals. While you drive into town you will come to a place called Adventure Damascus, where you can rent bikes and get a shuttle up to the top of Whitetop Mountain for only twenty dollars. The fee includes your bike rental, shuttle, and two bottles of water. The trip from downtown to the top of the mountain seems very long and dreadful but when you finally approach the top the view and ride is well worth it. The length of the trail from Whitetop to Damascus is around 20 miles long and should take four hours to make it down. People are allowed to ride up the mountain or ride down the mountain. To ride up the mountain the biker must be experienced and very well educated about the trail. As you start the trail you will hear the sounds of horses making their way up the mountain to meet you. Before you know it you will be gliding down from Whitetop Station into the forest canopy of the Mount Rogers National Recreation Area.

How does Hill present childish behaviour in I’m the King of the Castle? Essay

Hill presents childish behaviour through the use of dialogue, description and structure. She highlights that childish behaviour is a characteristic of adults, as well as the children. There are numerous examples of childish behaviour throughout the novel, for example when Hooper and Kingshaw fight over a toy, or when Hooper soils himself. One way in which Hill presents childish behaviour is after an incident where Hooper and Kingshaw are fighting over a toy fort: during that fracas Kingshaw chants â€Å"It’s mine, it’s mine!†, Hills use of dialogue is interesting here because the use of a tri colon not only emphasises the intensity of Kingshaw’s emotional reaction, (furthered by the fact he is fighting over a toy) but also echoes that chant like whines of small children. The importance of this line is signalled through the use of italics, which suggests that there is a degree of stress on Kingshaw whilst he speaks, again like a child. Another way that Hill explores childishness in the novel is through her description of Hooper soiling himself: Hill describes a â€Å"dark damp stain† of pee in the groin of Hooper’s jeans†. Hills use of the word â€Å"stain† portrays an image of dirt and even disease to the reader, the reader is hence disgusted. Furthermore the reader can perceive the word â€Å"pee† to relate towards a lack of control, like a child. What is interesting to note is that the word â€Å"pee† is highlighted before the more scientific word â€Å"groin†, this highlights Kingshaw’s childish nature. This quote fits in the context of this novel because it is based upon power struggles between two children; Hill exposes the fact that although Hooper is initially presented as a powerful figure, he is still a child. Finally Hill not only presents the children in I’m the King of the Castle as childish, but also presents the adults as childish. It can be argued that when Mrs Helena Kingshaw â€Å"felt a little ashamed of not wanting to take Charles with her†- she is behaving in a childish manner. Hill uses the words â€Å"not wanting† to portray Mrs Kingshaw as a selfish individual, oblivious of her sons’ needs; this is arguably a childish quality. Hill’s use of juxtaposition highlights the phrase â€Å"not wanting†, her selfish qualities prioritise over that of her own son: this is especially self, and comparable to little children. Mrs Kingshaw also displays a lack of empathy, as shown in the previous quote: young children also have a lack of empathy until they grow older, and hence this quality is a childish quality. In conclusion Hill presents childishness or immaturity in the novel through her use of dialogue, description and structure. Hill emphasises childish behaviour that is associated between Hooper and Kingshaw, but also points out the adults are equally susceptible to such behaviour. Perhaps she is criticising parenting styles to show the reader the negative impact it can have on children. Her use of parallel structure is also ironic as it suggests that such negative qualities are passed on through generations. However, the parallel structure can also be reparative and predictable at times.

Jeep JK Essay

2013 Overland Expo Photo Highlights May 19th, 2013 Since I first heard about it a few years back, I have been wanting to attend the Overland Expo and see what it was all about. Certainly, as anyone who knows me knows, I love gadgets and innovative equipment that can help out on the trail and figured, if anyone would have it, they would. Odyssey Extreme Series Battery PC1220 for 2012-Up Jeep JK Wranglers December 18th, 2012 In 2012, Chrysler decided to switch out the standard Group 34 battery they had been using since 2007 and replaced it with a Group 91. For the most part, this would be no big deal as they are pretty much the same thing but, there is one key difference that makes it difficult to use a Group 34 and, that is the terminals are on opposite sides. Because the power and ground leads are cut to such an exact length, you can’t simply cross them over and call it a day. Of course, to complicate things even more, a Group 91 battery isn’t really a common size and certainly not one you can find easily in a deep cycle format or, at least not until now. RECOVERY GEAR: A Must Have Before Hitting the Trails November 27th, 2012 If there’s one question I get asked all the time from new Jeepers it’s, â€Å"what’s the first mod I should do to my Jeep?† And, my answer to them is always the same, â€Å"recovery gear†. Fact of the matter is, whether you’re new to the world of off-roading with a right off the show room floor stock Jeep, or a long time veteran with a highly modified built up trail rig, everyone gets into a jam sooner or later. Dynatrac Now Accepting Pre-Orders for the ProRock 80 November 15th, 2012 One of the major problems facing JKU owners is vehicle weight. These rigs get heavy fast. More and more owners are going to full floating axles to better support the weight of their rigs. At the same time, tire sizes are getting larger and, combined with a heavy vehicle weight, the rigs are moving beyon  the durability of a HP 60 gear set. This is why the PR80 might be the right option for your JK. 2012 SEMA Spotlight Team FOUR WHEELER EVO Built eBay 1 November 08th, 2012 One of the biggest highlights of the 2012 SEMA Show was to see the unveiling of eBay 1, the BUILT from eBay Team FOUR WHEELER Magazine, EVO built 1971 Jeepster! 2012 SEMA Show Spotlight ARB Stubby Front Bumper, INTENSITY Lights & Roller Drawer Storage Boxes November 07th, 2012 We got a chance to catch up with Seth Green over at ARB and he gave a run down on some of the new products they were releasing at the 2012 SEMA Show in Las Vegas, Nevada. 2012 SEMA Show Spotlight Nitto Tire KoH K-Spec Trail Grappler M/T November 07th, 2012 After making its debut at the 2012 King of the Hammers Ultra 4 Race in Johnson Valley, CA, and after about a year of extensive testing by Off Road Evolution, Nitto Tire has decided to release the highly desired K-Spec Trail Grappler M/T in a DOT approved rubber compound. 2012 SEMA Show Spotlight WARN Zeon Winches November 06th, 2012 For the 2012 SEMA Show, WARN released a brand new line of premium winches called the ZEON. Redesigned from the ground up, this new line of winches are come with a host of new features to go with their futuristic new look. EnerSys ® Launches ODYSSEY ® Performance Seriesâ„ ¢ Batteries November 06th, 2012 Designed with the same rugged construction as ODYSSEY ® Extreme Seriesâ„ ¢ batteries, the new ODYSSEY ® Performance Seriesâ„ ¢ batteries offer equivalent deep cycling capabilities, long service life and high reliability. PSC 2012-Up Jeep JK Wrangler 3.6L High Volume Steering Pump November 06th, 2012 This is one press release from PSC that I’ve been waiting on for quite some time now. If you have a 2012 or newer and running 37’s or bigger tires, you can now run one of their ram assist and run a pump to power it too. PRESS RELEASE: ARB Jeep JK Wrangler Stubby Bar October 23rd, 2012 The Jeep Wrangler JK stubby bar has been developed for the off-roader who is after a winch platform all while maintaining maximum clearance for larger diameter tires. Generally vehicles that run larger than 35 inch tires may rub the tire on the wings of a traditional style ARB Deluxe bar. The JK Stubby Bar eliminates this issue on the Jeep JK since the bar is only as wide as the vehicle’s grille panel. EVO MFG LCG Bolt-On Coilover Kits NOW AVAILABLE!! June 14th, 2012 With a foundation in the first and most proven coilover systems for the Jeep JK, EVO MFG brings you its new LCG Bolt-On Coilover System. The EVO LCG Bolt-On Coilover kit comes complete with all necessary parts to easily convert the JK from the limited coil and shock system to a far superior performing coilover system. With 12† of usable wheel travel, custom built brackets for the lowest center of gravity and EVO’s legendary SPEC valving and spring rates, the EVO LCG Bolt-On Coilover system proves to set the bar, for ease of install, price and performance. Truck-Lite Old Style vs. New LED Headlight Side-by-Side Test & Review April 13th, 2012 I know a lot of you have been waiting for this and, I’m happy to say that last night, we finally got a chance to do a side by side comparison test of the all NEW Truck-lite Complex Reflector Optics Design LED Headlights versus the original LED Headlights that they’ve had out for a while now. And, after doing the test, this is what I can tell you. J.E. Reel Offers Must-Have Driveshaft Solutions for Lifted 2012 Jeep Wranglers February 23rd, 2012 Pomona, CA – The new 3.6L Pentastar engine in the 2012 Jeep Wrangler JK is one of the most welcome changes to the popular JK since their introduction in 2007. However, the position of the new engine in the chassis creates some unique challenges when driveline angles are changed even slightly from stock, as with a lift kit. Only J.E. Reel offers durable must-have driveshaft solutions for lifted 2012 JKs. TeraFlex JK Tera44 Front Replacement Axle Housing October 28th, 2011 TeraFlex Inc., manufacturer of TeraFlex suspensions, body protection equipment, low range gearing and HD axles, introduces the newest heavy duty component for the JK Wrangler. NEW! Full-Traction Suspension Jeep JK Wrangler 3.0†³ Ultra Plus 0% Maintenance SRS System August 31st, 2011 Full-Traction Suspension introduces the newest in a series of superior engineered suspension systems for the new 2007-2012 Jeep JK Wrangler 2-Door/4-Door. The New SRS – Ultra Plus Silent Ride System. Protection Redefined – Rough Country JK Front Bumper w/Recessed Winch Plate July 06th, 2011 Rough Country Suspension  ® Products is proud to announce The JK Front Bumper with recessed winch plate and integrated fog light mounts. Bestop New HighRock4Ãâ€"4â„ ¢ Narrow Front Bumper June 28th, 2011 Extreme, off-roading customers asked for a quality made bumper with more tire clearance and Bestop answered with new HighRock4Ãâ€"4 Narrow Front Bumper. This custom-built bumper features tapered ends to master extreme tire clearance and tackles any obstacle that a rock can through at it. Made from the same quality craftsmanship Bestop is known for, the new Narrow bumper features 3/16† laser cut stamped steel MIG-welded construction with E-coat plus wrinkle finish and powder-coat for superior protection and outstanding durability. Full-Traction Suspension CRC Link April 18th, 2011 Full-Traction Suspension announces the release of its newest suspension innovation for the JEEP JK Wrangler – The new CRC Linkâ„ ¢- (Constant Roll Center). It’s Full-Tractions off road adaptation for the JEEP JK of the thoroughly proven Watts Link Design. (Google it, it’s everywhere) NEW Mile Marker Recovery Gear March 06th, 2011 New for 2011, Mile Marker launches a new line of RECOVERY GEAR to prepare you for the inevitable when you venture off the beaten path. These integral kits feature premium components, and are housed in durable bags that were engineered to meet the demands of the extreme conditions that they will face. When it’s your vehicle and your safety in jeopardy, choose the gear that was designed to get you back on course the first time, yet durable enough to do the job for a lifetime. NEW – Full-Traction Suspension Jeep JK Wrangler Heavy Duty Track Bar Bracket & Cross Brace March 05th, 2011 NEW from Full-Traction Suspension is our Jeep Wrangler 2007 – 2011 JK Heavy Duty Track Bar Bracket & Cross Brace Solution. This Heavy Duty Bolt-On Track Bar bracket and cross brace kit adds a massive 3/16th CNC Laser Cut plate steel around the thin factory frame side track bar bracket. The cross brace adds a .120 wall DOM support for additional strength. NEW – Full-Traction Suspension Jeep JK Wrangler Radius Arm Rescue & Geometry Correction Kit March 03rd, 2011 Full-Traction Suspension is happy to announce the introduction of their all NEW 2007–2011 Jeep JK Wrangler Radius Arm Rescue & Geometry Correction Kit. This kit is designed to take an existing front radius arm suspension system and converts it to being a high quality 4-link system. NEW: Full-Traction Suspension 3†³ Economy Plus Jeep JK Wrangler Suspension System January 24th, 2011 Our Economy 3†³ Lift is the simple and inexpensive way to clear larger tires up to 35Ãâ€"12.50, increase ground clearance, and improve suspension articulation without major drivetrain modification. PUREJEEP All NEW Jeep JK Wrangler Skidplates January 09th, 2011 JK 2/4-DOOR ENGINE SKIDPLATE The ultimate in JK engine protection is here! Our all new JK engine skid plate protects the engine and transmission from rocks and trail damage. Laser cut from 3/16†³ plate steel and precision formed to mount in minutes with the included oil pan support brace. The skid and mount are finished in semi-gloss black powdercoat and ships complete with instructions and all necessary hardware. Will work in conjunction with our Transfer Case and Gas Tank skidplates for the ultimate in protection. Rock Krawler DIY Reverse Triangulated 4 Link Assembly for Wrangler JK 2 Door Models January 04th, 2011 Rock Krawler Suspension is proud to release the DIY Reverse Triangulated 4 Link Assembly for Wrangler JK 2 Door Models. NEW – TeraFlex JK Wrangler LCG PreRunner Suspension December 29th, 2010 The TeraFlex JK LCG PreRunner Suspension system combines all top-of-the-line components into a purpose-built speed system. The PreRunner system is designed to minimize unnecessary rotational mass, and maximize complete wheel travel. EVO JK Draglink Flip Kit December 05th, 2010 For those of you running a 4†³ lift or greater and are looking to improve the handling of your Jeep JK Wrangler, EVO Manufacturing has just released an outstading steering correction kit that you’ll definitely want to get. Below is the press release that I just got from them: PUREJEEP JK Evaporative Canister Relocation Skid & Electronic Sway Bar Disconnect Skid November 23rd, 2010 The PUREJEEP Evaporative Canister Relocation Skid is designed to move the plastic fuel evap system canister over the rear axle and out of harms way†¦ The newest addition to the PJ skidplate line! This precision formed, 3/16†³ skidplate, protects the complete electronic engaging factory swaybar unit on the Jeep JK. Full-Traction JK Long Arm Suspension Systems Available in 3.0†³, 4.0†³ & 6.0†³ October 12th, 2010 Our competition hates this system, but your Jeep JK Wrangler will love it. Our new 3†³- 4†³- 6†³ long arm systems are sold as a complete replacement suspension. Able to handle tires up to 37†³ tall, it utilizes a 4-link front axle mounting configuration for a true and correct caster curve, and improved anti-dive geometry throughout the entire range of linear wheel travel – just like the factory does it. Other systems using radius arms, medium length arms called â€Å"long arms† and the rest, can’t match its performance. NEW – Full-Traction Jeep JK Wrangler Replacement Cross Member September 24th, 2010 Full-Traction Suspension introduces a new Heavy Duty replacement Transmission Mount Cross Member for the 2007-2010 Jeep JK Wrangler/Rubicon. This new bolt-in unit is designed for serious rock crawling abuse. Falken Wild Peak AT – They Get You Going! By Discount Tire September 17th, 2010 Many of you have been asking about Falken’s new AT. How good are they? How strong are their sidewalls? How do they rate in sand, dirt, gravel, rocks, mud, and on the highway? After abusing this tire for over 1000 off-road miles at the Jk-Experience last week, here’s what I can show and tell from my first hand experience. Full-Traction Suspension 3.0†³ Premium Plus SRSâ„ ¢ Jeep JK Wrangler Zero Maintenance Lift System August 31st, 2010 After 1 year of testing in all kinds of on and off road conditions, Full-Traction Suspension introduces the newest in a series of superior engineered suspension systems for the 2007-2010 Jeep JK Wrangler. The Zero Maintenance – Silent Ride System (SRS). NEW – Bestop PowerBoard for the JK Unlimited August 26th, 2010 Bestop announces the release of the brand new PowerBoard for the 2007-2010 JK Unlimited (Part Number – 75122-15). This electrically powered running board extends down automatically when a door opens and retracts up when the door closes. This works for both front and rear doors. Get a boost without all the bother of a low hanging step! NEW Rough Country 1-1/4†³ Jeep JK Body Lift with Shifter Adapter for Manual Transmissions August 13th, 2010 Rough Country Suspension Systems announces release of the new 1  ¼Ã¢â‚¬  Jeep JK Body Lift Kit for manual transmission models. This Body Lift provides a full 1.25†³ of additional tire clearance, as opposed to the standard 1†³ provided by most other manufacturers. The 1.25†³ fiberglass reinforced nylon spacers nest with the factory body mounts keeping the body properly aligned with the frame. This design not only provides lift but also retains the noise and vibration canceling characteristics of the factory mounts while offering a tough enough build to withstand the elements and hazards on the trail. NEW Rough Country 3.5†³ Jeep JK Series II Lift Kit with NEW N2.0 Shock Absorbers August 04th, 2010 Rough Country Suspension Systems announces the addition of a highly versatile suspension lift kit for Jeep JK. The 3.5† Series II Lift Kit is focused around drastically improving off-road performance without compromising highway ride quality. Engineered by Rough Country’s Research and Development department, the 3.5† JK lift kit has been designed to mirror or exceed the quality of OEM equipment where possible while providing extra clearance and reinforced suspension components for off-road applications. Rugged Ridge High Clearance All Terrain Jeep JK Wrangler Flat Fender Flares July 05th, 2010 Did you like the look of the Lower Forty Jeep Concept, where Jeep reduced body roll by raising the fender for greater tire clearance? The new All Terrain Flat Fender Flares from Rugged Ridge allow to run larger tires without lifting the vehicle or cutting the body, so you can add a bigger tire option for that true off-road look. NEW Rock Krawler Pro Suspension Systems June 25th, 2010 Rock Krawler Suspension is proud to release our JK PRO Suspension System Line of Products. Unlike our standard system components that are made of solid alloy steel, the PRO components are made from ultra light weight, ultra strong 7075 Aluminum. These systems are designed for the guy who demands the very best! Who wants a nice, nimble JK, but still wants his/her jk to perform off-road like a hero! TeraFlex Jeep JK Wrangler 3rd Seat Bracket Kit June 09th, 2010 The TeraFlex 3rd Seat Bracket Kit is an innovative seat bracket kit that allows JK Unlimited owners the ability to add a 3rd row seat for additional seating. This innovative seat bracket kit allows the use of a JK 2 door rear bench seat, and retains the ability to keep the fold-and-tumble functionality. The seat can also be mounted in standard front-facing or rear-facing. ARB Jeep JK Wrangler Rubicon 35 Spline Air Locker Now Available!! June 03rd, 2010 To meet the demand of off-roaders looking to strengthen their current axles without going to the expense and weight penalties of a larger axle assembly, ARB has just released the latest model in their Performance Air Locker Series. Designed for the new 2007 and newer Jeep Wrangler JK Rubicon Dana 44 housings, this new performance ARB Air Locker allows users to gain the axle strength they need from larger aftermarket 35 spline shafts and still retain their smaller, lighter Dana 44 assemblies. Full-Traction Suspension 3.0†³ Premium Plus â€Å"No Maintenance† Lift System for Jeep JK Wrangler May 10th, 2010 Full-Traction Suspension introduces the newest in a series of superior engineered suspension systems for the new 2007-2010 Jeep JK Wrangler. Combining all the necessary components together in a 100% bolt-on package, this system will allow use of 35†³* tires with ease, give superior flexibility, improved ride quality, and most innovative, NO LUBRICATION MAINTENANCE! IPF Jeep Wrangler JK H4 Headlight Conversion May 07th, 2010 At ARB’s request, IPF Performance Lighting developed the a replacement headlamp kit to improve the lighting performance and beam pattern over the original equipment head lights for the Jeep Wrangler JK (2007-2010). Full-Traction Jeep JK Wrangler Heavy Duty Rear Sway Bar May 04th, 2010 Full-Traction now offers a replacement 19mm rear sway bar for use on Jeep JK models that are equipped with a lift kit or used while heavily loaded. The new bar is a bolt-in replacement for the stock bar. Tuffy Security JK Conceal Carry Security Drawer April 22nd, 2010 This high security 16 gauge steel security drawer mounts under the drivers side seat in a Jeep JK. The formfitting design of the Tuffy lockbox has over 324 cubic inches of lockable storage. It’s secured contents are easily accessed by maneuvering the drawer open and closed on the smooth ball bearing slides using the convenient pull lever. Off Road Evolution Jeep JK Wrangler Enforcer 3.5†³ Suspension System April 12th, 2010 When off-roading is more than just a hobby but rather, your job and the smoothest ride possible is a must, the all new Off Road Evolution EVO Enforcer Suspension System is exactly what you’ll want for your Jeep JK Wrangler. Rough Country JK Bumper Caps April 05th, 2010 Do you want the aggressive look and functionality of a stubby bumper without the extreme cost of a full aftermarket replacement? If so, Rough Country has a new innovative solution that allows you to shorten your existing OEM bumper at a fraction of the cost. This DIY kit includes two UV resistant bumper caps, hardware and easy to follow instructions. NEW! From Bestop – Jeep JK Wrangler Locking Under Seat Storage Box March 18th, 2010 The NEW Locking Under Seat Storage Box for the JK. The Storage Box securely locks up valuables , and mounts out of sight conveniently beneath the driver’s seat. This is a MUST HAVE product for any JK owner NEW – HANSON Euro Spec Bumper March 14th, 2010 The new HANSON Euro Spec Bumper offers sleek, full-width protection for the front of your 2007-2010 JK. It incorporates the HANSON classic drop-center style winch seat and incorporates a wing design that matches the factory flare and provides maximum aero-slick tendencies. Mountain Off Road Enterprises Jeep JK Wrangler Freedom Top Storage Rack January 20th, 2010 Mountain Off Road is now manufacturing our JK Hard Top Freedom Top Storage Rack for the 2007 and newer Jeep JK Wrangler 4door. Keep your Freedom tops looking new and scratch free even while off roading with this foam lined storage box that secures your tops behind the rear seat. Store the tops upright and have the floor of your jeep to keep other items or lay the Freedom Top Rack down and strap your cooler or what ever else down using the series of holes to bungee your items secure. Fits 4 door JK’s only and is powder coated black for a durable finish. New Bestop JK HighRock 4Ãâ€"4 Replacement Mirrors January 05th, 2010 Bestop, adds JK Replacement Mirrors to its line up of HighRock 4Ãâ€"4 Replacement Mirrors. Made of shatter-proof and UV-resistant heavy duty plastic or cast aluminum (for Part number 51262-00 or 01) and sold in pairs, the mirrors replace worn or missing mirrors with OEM styling and features. The JK part numbers now join CJ, YJ and TJ models for further customization of your Jeep at a better price. ARB Jeep JK Wrangler Snorkel December 23rd, 2009 ARB USA now offers a Safari Snorkel System for the popular Jeep Wrangler JK. This new accessory serves two primary functions that JK owners will appreciate when taking their vehicle off-road. First, and most obvious, the Safari Snorkel relocates the factory air intake position approximately 28†³ higher to prevent water ingestion when negotiating stream crossings. Even in relatively shallow water, the nose of the vehicle can easily become submerged as the front wheels drop into a stream or water hole and the rear wheels still on high ground. PUREJEEP Bare Bonez Crawler Combo November 16th, 2009 Let’s face it, when it comes to hard core front bumpers, there really isn’t a whole lot that you really need other than tow points and a winch plate. For good measure, something that’ll protect your winch and allow you to mount a couple of auxillary lights would be nice as well but aside from that, anything more is pretty much unnecessary. Olympic 4Ãâ€"4 Products JK Jacklite Brackets November 16th, 2009 Here’s a question that I hear all the time , â€Å"where can I install my Auxiliary Lights and Hi Lift Jack?† Well, Olympic 4Ãâ€"4 Products has the answer for you with their all new Jacklite Brackets. Olympic 4Ãâ€"4 Products Jeep JK Wrangler D-Ring Mounts October 10th, 2009 Fits: 2007 and newer Jeep Wrangler JK’s. A necessity for every four wheeler who wishes to take their Jeep off road as inevitable you will need the assistance of a Snatch’em strap, Hi Lift Jack or a Winch. Die-Tech Off-Road Seat Mounted Fire Extinguisher September 29th, 2009 Fire extinguishers are valuable off-road and most off-road parks and recreation areas require that you have one. However, it’s a good idea to have one even when not required, because a fire can start for many different reasons. Off Road Evolution EVO 1/4 Pounder Jeep JK Wrangler Heavy Duty Front Bumper September 17th, 2009 High clearance, military inspired and made to be ultra high strength, the all new Off Road Evolution 1/4 Pounder Heavy Duty Front Bumper is everything your Jeep JK Wrangler needs and nothing more. TeraFlex JK Wrangler SpeedBumps Bumpstops September 09th, 2009 TeraFlex SpeedBumps are an innovative composite bumpstop system designed for high-speed, high-performance JK Wrangler applications. Olympic 4Ãâ€"4 Products 802 Light Mounting Brackets September 01st, 2009 Installing a pair of off road driving lights is one of the best ways to improve your ability to see more of what’s in front of you while wheeling at night. Unfortunately, where to install these lights can be somewhat of a challenge and that’s why Olympic 4Ãâ€"4 Products has just released their all new 802 Light Mounting Brackets. Off Road Evolution Jeep JK Wrangler SBS Shifter/Plug – NOW AVAILABLE!! July 22nd, 2009 Off Road Evolution is proud to announce a new addition to our growing product line†¦ The SBS (Should of Bought a Sixty) Shifter/Plug! Mountain Off Road Enterprises Jeep JK Wrangler Front & Rear Steel Tube Fenders July 22nd, 2009 Mountain Off Road is now manufacturing and stocking fenders for the 2007 and newer Jeep JK Wrangler. Off Road Evolution JK Custom Valved King Shocks June 03rd, 2009 Off Road Evolution is proud to announce that they are now offering proprietary custom valved coilover shocks made specifically for the Jeep JK Wrangler and manufactured by King. These new shocks are available in 8†³, 10†³, 12†³, and 14†³ travel lengths with 2.0†³ and 2.5†³ diameter King Remote Reservoir Coilovers. Retail price for these coilover shocks will be $585 each. Mile Marker V-10 and V-12 Premium Winches Featuring MiFi Technologyâ„ ¢ May 29th, 2009 Mile Marker unleashes their best performing, most innovative winches to date: the V-10 and V-12 electric winches. Featuring ground-breaking Solid-State controls (NO SOLENOIDS!), Variable Speed Line Control, IP67 Waterproof Sealing, and blazing line speeds, this winch line will prove to be the ultimate recovery tool on the market. A durable, dual-compound black polyurethane coating and stainless steel hardware put the finishing touches on these 10,000 (V-10) and 12,000 (V-12) pound winches that are built to handle anything you can throw at them. If you are looking for the winch with uncompromised construction, awesome looks, and unmatched performance, look no further. Off Road Evolution JK LinXLok Jam Nuts May 11th, 2009 If you’ve got a lifted Jeep JK Wrangler with a set of adjustable lower control arms, you know how hard it can be to keep the jam nuts to stay on tight and in place. Thanks to its size, finding a wrench large enough to fit around them can be difficult and with things like your control arms mounts in the way, this can be almost impossible to do especially when you’re on you’re on the ground and on your back and with very little room to work with. Fortunately for us, Off Road Evolution has just released an incredible patent pending solution to this annoying problem and it is the all new EVO LINX Lock. Tuffy Security Jeep JK Security Deck Enclosure May 02nd, 2009 This security deck enclosure creates a large and lockable storage area completely protected on all sides. It works in conjunction with the vehicle rear door and lock. Die-Tech Off-Road Jeep JK Wrangler Doorless Mirror Brackets May 01st, 2009 With summer around the corner, everyone is going to want to take their top and doors off of their Jeep and with that comes the question that all Jeepers have and that’s, what do I do about my mirrors. In addition to being extremely helpful, having a good mirror bracket solutions is necessary for Jeep JK Wrangler owners who want to operate their vehicles without doors and still remain legal. Fortunately for us, Die-Tech Off-road has just release an evolutionary set of Jeep JK Wrangler doorless mirror brackets that really are a first of its kind Die-Tech Off-Road Jeep JK Wrangler Evaporator Canister Relocation Kit May 01st, 2009 As many Jeep JK Wrangler owners have found, the EVAP or evaporator canister is yet another vulnerable part under your rig that really could use some protection. Countless people have crushed or torn off this small plastic box while simply doing moderate or even sometimes light off-roading and unfortuantely, it is a critical component of your Jeep’s emissions system. Off Road Evolution EVO 44 Magnum Sealed Axle Sleeves March 11th, 2009 Off Road Evolution is proud to announce the 44 Magnum. This product is designed to increase JK axle housing strength by 30% while incorporating dual seals to prevent debris from entering the axle tubes. Combining these two tried and true technologies will not only increase the strength of your axle housing, but will also help to prevent premature falure of the costly to replace inner axle seals. NEW from Mountain Off-Road Enterprises JK Dual Battery Tray & JK Dead Pedal February 22nd, 2009 The Mountain Off-Road Enterprises (M.O.R.E.) Dual Battery Tray for ’07 and newer Jeep JK Wrangler. Do you need more power since you have added a winch, lighting and other electrical demanding accessories? Never worry about a dead battery out on the trail with our new Dual Battery tray which will accommodate 2 Optima series 34 and 34/78 or the OEM batteries side by side in the stock location. This easy ‘Bolt-In’ kit bolts directly into existing holes (No Drilling Required), comes powder coated black and retains OEM air filter box. This kit does not include wiring or batteries. JKS Jeep JK Wrangler Adjustable Rear Spring Mounts February 12th, 2009 Until recently, correcting rear spring mount alignment on vehicles equipped with a CV driveshaft has been a difficult challenge for JK owners. Fortunately, JKS Manufacturing now offers a solution to this problem that is both simple and affordable. Adjustable Spring Mounts install directly in place of the factory lower coil mounts on the rear axle housing. The folded, heavy-gauge steel brackets form extremely strong mounting pads that are easily adjusted to match the angle of the upper spring mounts. As a result, the coil springs are able to function as originally intended and interference with the rear track bar is eliminated. Performance Accessories Jeep JK Wrangler 4†³ Premium Lift System February 10th, 2009 If you’re looking for a economical way to raise your Jeep JK Wrangler so that you can run 35†³ tires, a Performance Accessories 4†³ Premium Lift System is what you’ll want. Designed for 2-door and 4-door JK’s with an automatic transmission, this easy to install body lift kit comes with everything you need to give you the clearance you need and without having to do any alterations to your factory suspension system. NEW From Crocker Off Road Performance!! February 03rd, 2009 For those of you who saw the awesome Crocker Off Road Performance Dual Gauge Pods on their Orange Crush JK at SEAM 2008 and were dying to get your hands on one, I think you’ll be happy to know that they are NOW AVAILABLE!! These hand laid carbon fiber Dual Gauge Pods are designed to be installed with ease and snap into the existing windsheild pillar using the stock clips – no drilling or tape is required. Gauge Pods fit all 2†³ gauges, are in stock now and ready to ship for only $199.00 plus shipping. TeraFlex Jeep JK Wrangler CRD60R Rear Axle November 12th, 2008 The TeraFlex CRD60R is the original & industry leading aftermarket high pinion Dana 60 axle. TeraFlex expands their axle line with a JK specific rear axle to answer the needs of a heavy duty rear axle application. The JK rear CRD60R will retain the use of the factory ABS and ESP sensors to maintain factory computer communication, and drivability. NEW Tuffy Products Now Available!! JK Expedition Partition & Security Door Locks October 15th, 2008 Tuffy Security has a long history of developing products that do an excellent job of organizing the gear you carry in your Jeep and do it in a way that provides serious protection of them as well. JKS Manufacturing Releases Variable Length Control Arms for 2007+ Jeep Wrangler October 06th, 2008 Inspired by the challenge, JKS Manufacturing has just released a complete set of variable-length upper and lower control arms for Wrangler JK models. Considered the performance benchmark by Jeep owners around the world, JKS Adjustable Control Arms are well known for utilizing the finest materials and most reliable designs. While other control arms begin to wear out within months of being installed, JKS arms often outlast the vehicle. Off Road Evolution Aluminum Hawse Fairleads September 13th, 2008 For those of you looking for a new hawse fairlead for your synthetic winch line and would like to have one that’ll add a little style to your Jeep, you’ll be glad to know that Off Road Evolution now has what you want. Made out of billet 6061 aluminum, the new Off Road Evolution Hawse Fairleads are CAD drawn, CNC machined, hand polished to a mirror like finish, come with stainless steel hardware, are made here in the U.S.A. and are available for only $109.95. Tuffy Jeep JK Wrangler Multi Point Tie Down Rails & Tuffy Modular Gear Anchors September 04th, 2008 The all new Tuffy Jeep JK Wrangler Multi Point Tie Down Rails and Modular Gear Anchors are made out of 11 gauge (1/8†) thick steel and are designed to mount on top of most Tuffy drawers or any solid mounting surface. JKS Manufacturing Eliminates Track Bar Failures on 2007+ Jeep JK Wranglers August 19th, 2008 JKS Manufacturing has just released a highly effective and economical solution to a problem that has plagued many owners of the current Jeep Wrangler. The problem involves the factory track bar mount on the rear axle housing. Vehicle owners and industry specialists have reported an alarming number of rear track bar failures due to insufficient bracing of the factory mount. Most failures occur after the vehicle has been lifted, especially when aftermarket extension brackets are involved. However, some have even experienced failure on stock applications. TeraFlex Jeep JK Wrangler Rubicon 241OR 2WD Low Range Conversion Kit August 12th, 2008 Having completed almost a year of extensive testing and without any glitches or failures to speak of, TeraFlex is finally releasing it’s long awaited Jeep JK Wrangler Rubicon 241OR – 2WD Low Range Conversion Kit. With this kit, you will now have the option to take advantage of your Jeep’s 4:1 transfer case low range and allow you to maintain the use of your rear locker but without needing to have your front end engaged as well. Of course, by doing this you will effectively free up any 4WD related steering bind and this will help make negotiating tight sections of trail a lot easier. Off Road Evolution’s Jeep JK Wrangler EVO Trail Table August 04th, 2008 Of all the non-performance enhancing off road accessories I have seen come out for the Jeep JK Wrangler, I’d have to say that the all new Off Road Evolution EVO 1017: EVO Trail Table is by far one of the most useful and coolest. Certainly, I think it’s definitely something that everyone could use. Mastercraft Seats Project-JK.com Member Special!! July 23rd, 2008 For a limited time only, Mastercraft Seats will be offering a FREE Canvas Tool Bag (a $29.95 value) when you purchase a set of Mastercraft Baja RS Seats. This offer is valid from July 24th – August 15th and is only available at Off Road Evolution and Northridge4x4. To take advantage of this member special, simply call either one of these vendors, place your order and tell them you want the â€Å"Project-JK.com Offer!† Off Road Evolution Jeep JK Wrangler EVO 1015 Sector Shaft Brace July 15th, 2008 Don’t think this can happen to you? Think again! With the installation of a lift kit, big oversized tires and a dropped pitman arm, more side loading will be placed on the sector shaft of your steering box (which in factory configuration is a single shear mount) and more and more people that I know are starting to damage or break theirs. As a matter of fact, I have broken my sector shaft as well and when yours breaks – you’re walking!! What’s Pulling You Down? Keep Your Jeep JK’s Ride Height With a 1-inch Body Lift June 22nd, 2008 Performance Accessories’ 1-inch body lift helps maintain your JK’s proper ground clearance while allowing you to enjoy the factory ride on the trail. On the highway, the body lift doesn’t affect the vehicle’s suspension geometry and maintains a smooth ride. NEW – OX JK Dana 30 Locker Now Available!! June 05th, 2008 Tuffy Security Products – Jeep JK Wrangler Full Security Center Console June 05th, 2008 This 16 gauge steel full console provides over twice as much secure storage than the factory console. A special bracket is included for mounting a stereo, CB or other electronic equipment inside the lockable console with a hole for the CB Mic. Off Road Evolution EVO Coil Over Jeep JK Wrangler Long Travel Front Coil Over System May 27th, 2008 Now available for the 2007-Up Jeep JK Wrangler, the all new Off Road Evolution EVO Coil Over is the premium long travel front coil over system that serious Jeepers have been waiting for. TeraFlex Jeep JK Wrangler Heavy Duty Adjustable Forged Front Track Bar April 16th, 2008 For those of you looking to upgrade your Jeep JK Wrangler’s stock front track bar with an adjustable one, TeraFlex has just released one that I think you’ll want to give a look. Without a doubt, this new massive heavy duty forged adjustable track bar is designed to be the ultimate in front end strength, will eliminate any front end shimmy or handling issues and is designed to cycle through the full movement of suspension travel without interfering with other components (Please note that it is recommended that this track bar be used on a JK with 4† of lift, as it may cause some interference on a stock to a 3†³ lifted JK) . ARB 2007+ Jeep Wrangler JK Rear Dana 44 35 Spline Air Locker April 07th, 2008 To meet the demad of off-roaders looking to strengthen their current axles without going to the expense and weight penalties of a larger axle assembly, ARB has just released the latest model in their Performance Air Locker Series. Designed for the new 2007 Jeep Wrangler JK rear Dana 44, this new performance ARB Air Locker allows users to gain the axle strenght they need from larger aftermarket 35 spline shafts and still retain their smaller, ligher Dana 44 assemblies. Superior Axle and Gear LLC. Appoints Mac McMillan Director Sales and Marketing March 26th, 2008 Los Angeles, CA – Drivetrain component manufacturer Superior Axle and Gear LLC. announced today that Mac McMillan was appointed Director of Sales and Marketing. Off Road Evolution Jeep JK Wrangler EVO LEVER Long Travel Bolt-On Coilover System March 12th, 2008 If you’ve already got a built up Jeep JK Wrangler and are looking for a way to kick it up a notch, Off Road Evolution has just finished the development of the all new EVO-LEVER Long Travel Bolt-On Coilover System and it will do just that and more. Expedition One Trail Series Jeep JK Wrangler Rear Bumper and Smooth Motion STC System March 10th, 2008 Making it’s official debut at Off-Road Expo 2007, the new Expedition One Trail Series Jeep JK Wrangler Rear Bumper and Smooth Motion STC System is without a doubt one of the most unique and well designed bumper and spare tire carrier setups on the market today. TeraFlex Jeep JK Wrangler 4† Long Arm Suspension March 07th, 2008 Expedition One Jeep JK Wrangler BASIC and BASIC DX Modular Bumper March 04th, 2008 In an effort to make their well received and very popular Jeep JK Wrangler BASIC and BASIC DX bumper line even better, Expedition One has just announced that they will now offer modular Side Wings that are easy to install and will allow you to retain your factory fog lights! LoD Signature Series Jeep JK Wrangler Bumpers February 11th, 2008 As I had mentioned in a press release I published earlier in the year, LoD has been working hard to develop an affordable solution for all the people out there looking for a stylish new aftermarket front and rear bumper for their Jeep JK Wrangler. And, the solution they came up with is what we now know as the LoD Signature Series JK Bumper line. Full Traction Suspension NEW Jeep JK Wrangler 4†³ & 6†³ Lift Systems January 30th, 2008 I just got word that Full Traction Suspension will finally be releasing their long awaited Jeep JK Wrangler 4†³ Premium Lift System and 4†³ Ultimate Lift System as well as the seriously badass long arm suspension system we all saw on the Off Road Evolution JK at SEMA 2007. Below are the official press releases for all three products: Hypertech Jeep JK Wrangler MAX Energy Power Programmer January 30th, 2008 If there’s one thing I’ve been hearing a lot of Jeep JK Wrangler owners wanting, it would have to be a programmer that would allow them to optimize the performance of their 3.8L V6 engine and if at all possible, a way to calibrate their speedometer/odometer to match a set of bigger tires that they’ve just installed as well. And, thanks to Hypertech, we now have that and more with the release of their MAX Energy Power Programmer specifically made for the Jeep JK Wrangler. LoD Jeep JK Wrangler Front Bumper Winch Hoop January 24th, 2008 For those of you who have been waiting patiently for LoD to release their new Jeep JK Wrangler Front Bumper Winch Hoop, I am happy to report that it’s finally here and available for purchase. Available for only $59 + $19 for shipping and handling, this bumper winch hoop is very easy to install and only requires minor drilling in order to bolt it onto your bumper. Due to high demand, please expect a 1-2 weeks to have this hoop delivered to your door. SOLID Jeep JK Wrangler Front SpynTec Conversion Kit January 11th, 2008 Just as was promised back in November at the 2007 SEMA Show, SOLID Axle Industries has just released their all new SpynTec Conversion Kit and it is now available for sale. The official press release for this awesome new front hub conversion can be seen below and after having the opportunity to check it out for myself, I can tell you that this is going to be a must have upgrade for JK owner I know LoD Jeep JK Wrangler Shorty Front Bumper January 09th, 2008 I’ve just gotten word from LoD that they’ve just completed the preliminary design of their new Jeep JK Wrangler Shorty Front Bumper and a spy shot of it can be seen by clicking on the image to the left. This bumper was developed in an effort to provide an answer to the all the people looking for an affordable true shorty front bumper that can accomodate Jeep JK Wrangler factory fog lights, a WARN Power Plant winch and comes with an optional hoop. SeatGlovers Holiday Special November 26th, 2007 From now until January 15th, Project-JK.com members can now save 20% off the retail price of SeatGlover Seat Covers and receive a FREE bottle of 303 UV Protectant!! Shrockworks Jeep JK Wrangler Rear Bumper Tire Carrier & Rack November 19th, 2007 For those of you who already have an awesome ShrockWorks Stubby or Mid-Width front bumper and have been patiently waiting for them to come out with a matching rear bumper tire carrier for your Jeep JK Wrangler, have I got a press release for you†¦ Durango 4Ãâ€"4 Jeep JK Wrangler Grizzly Bumpers November 16th, 2007 Durango 4Ãâ€"4 is by far one the leading manufacturers of Jeep bumpers and accessories the Southwest Colorado area and are known for their legendary high standards and quality built products. And, with the introduction of the all new Jeep JK Wrangler, Durango 4Ãâ€"4 has stepped up to the plate once again to deliver the goods with the introduction of their new Grizzly Rear Bumper System and their new Grizzly Stubby Front Bumper. AlloyUSA Releases NEW Heavy Duty Steel Differential Cover November 10th, 2007 Alloy USA’s newest accessory now includes their line of Heavy-Duty Stamped Steel Differential Covers. Crafted from 1018 steel, these differential covers are designed to handle the punishment that drivers are dishing out on their vehicles. Superior Axle & Gear 2007-08 Jeep JK Wrangler Chrome-Moly Front and Rear Axles October 18th, 2007 For all you guys out there with built up Jeep JK Wranglers sitting on a set of big ass tires, have I got news for you. As you can see in the press release below, Superior Axle & Gear has just announced that they now have front and rear chrome-moly axle shafts available for both Rubicon and non-Rubicon model JK’s and they are ready to ship!! Full-Traction Jeep JK Wrangler 4†³-6†³ Long Arm Suspension Systems October 06th, 2007 Full-Traction 4†³- 6†³ JK Long Arm Suspension Systems Our competition is not ready for this system, but your Jeep JK Wrangler is. Our new 4†³- 6† long arm systems are a complete replacement suspension. Able to handle tires up to 37†³ tall, it utilizes a 4-link front axle mounting configuration for a true and correct caster curve, and improved anti-dive geometry throughout the entire range of linear wheel travel – just like the factory does it. Other systems using radius arms, medium length arms called â€Å"long arms† and the rest, can’t match it’s performance. PUREJEEP Jeep JK Wrangler Cold Air Intake September 21st, 2007 Superior Axle Jeep JK Wrangler 4.56 Gears Are Here!! September 17th, 2007 For those of you looking to keep your Jeep JK Wrangler relatively stock and have no plans of installing tires larger than 33†³ but would still like to regain some of the power you’ll loose from them, Superior Axle & Gear has got the answer for you. Last week, I got to watch the very first set of Superior Axle 4.56 gears getting installed into Brett Woods’ (aka – Woods) 2007 Jeep JK Wrangler Rubicon Unlimited and after giving them a thorough break in, here’s what he had to say about them†¦ PUREJEEP Jeep JK Wrangler 4-Door Formed Crawler Rocker Guards September 08th, 2007 Expedition One Jeep JK Wrangler Trail Series Front Bumper August 31st, 2007 Of all the bumper manufacturers out there, Expedition One was definitely one of the first to put out some exciting computer generated designs for the all new Jeep JK Wrangler and since that time, I know there have been many of you who have been waiting patiently for this very bumper to be released. Well, I can tell you with all certainty that your wait is finally over and I think you’re going to be extremely happy with the final product. PUREJEEP Jeep JK Wrangler 2-Door Formed Crawler Rocker Guards August 22nd, 2007 Expedition One Basics August 09th, 2007 I know it’s been a long time coming for all you Expedition One fans out there but after reading through this press release, I think you’ll agree that the wait was totally worth it. Over the next few weeks, Expedition One will be releasing a series of new bumpers and accessories for the new Jeep JK Wrangler, the first of which includes a line of products that focuses on what Jeepers really need and nothing more†¦. the Basics. PUREJEEP Jeep JK Wrangler Steel Tube Fender Teaser July 24th, 2007 If there’s been one mod for my Jeep JK Wrangler that I’ve just been dying to get my hands on, it would have to be a really nice set of steel tube fenders. Unfortunately, that day isn’t here just yet but after a long conversation that I had with PUREJEEP today, I can tell you that a production set has been completed and is currently installed on the Off Road Evolution JK. Expedition One Jeep JK Wrangler Spare Tire Lift Bracket June 12th, 2007 Looking for a way to carry an over-sized spare tire on your Jeep JK Wrangler but without having to break the bank by purchasing an expensive new rear bumper tire carrier system? Well then, the Expedition One Spare Tire Lift Bracket is the perfect solution for you. Seat Glovers Jeep JK Wrangler Seat Covers June 01st, 2007 There really is no better way to protect your seats from the elements when riding topless or from wear, tear, dirt and damage from general use, than to cover them with a high quality seat cover. And, with the new release of Seat Glovers’ awesome new seat covers for the Jeep JK Wrangler and Unlimited, you can do just that! ShrockWorks Jeep JK Wrangler Mid-Width Front Bumper May 30th, 2007 I know there are a ton of you who have been waiting for this news for some time now and so I’m happy to announce that the long awaited ShrockWorks Jeep JK Wrangler Mid-Width Front Bumper is finally here!! And, although the photos you see here are just the very first bare steel prototype pics, I’m told that the design as you see it is ready to go into production now. Tuffy Security Products Jeep JK Wrangler Overhead Console & Cubby Storage Security Cover April 18th, 2007 From the company that has made protecting the valuable contents inside your Jeep a virtual work of art, here’s an official press release for two of Tuffy’s newest security products that I think just about every Jeeper will want for their new Jeep JK Wrangler. Clayton Off Road Jeep JK Wrangler 4.5†³ Standard Arm Suspension Lift March 16th, 2007 It’s Official – Donahoe Racing Enters the Jeep Market! March 07th, 2007 Rock Hard 4Ãâ€"4 Parts Jeep JK Wrangler Rear Bumper Tire Carrier February 28th, 2007 Building off of years of experience making some of the best bumpers, rocker guards and sport cages the aftermarket industry has to offer, Rock Hard 4Ãâ€"4 Parts has just completed the design of their production model Rear Bumper Tire Carrier for the all new Jeep JK Wrangler and let me just say, this thing really is rock hard tough! Shrockworks Jeep JK Wrangler Front Bumper Details & Pricing Update February 16th, 2007 Based on all the views and replys there have been over on JK-Forum.com regarding the all new Shrockworks Jeep JK Wrangler Bumper & Rock Rails, I know there’s going to be a whole lot of you who are going to be real excited about the news I have for you. ShrockWorks Jeep JK Wrangler Shorty Front Bumper & Unlimited Frame Mounted Rock Sliders February 02nd, 2007 For those of you who have been around the world of Jeeps or off-roading in general, you’re more than likely to know who Shrockworks is and all the great bumpers and rocker guards they have been making for years now. Rev111 Jeep JK Wrangler MetalCloak Steel Tube Fenders January 30th, 2007 According to Rev111, they have already designed, developed and built a set of front and rear tubular steel fenders (also known as their MetalCloak Body Armor) that come complete with removable flares. PUREJEEP 2007 Jeep JK Wrangler Stubby Crawler Front Bumper Now Shipping!! January 29th, 2007 As of today, PUREJEEP has announce that a very large batch of their affordable and very functional PJ1000 Stubby Crawler Front Bumper has been completed, boxed up and is now shipping. LoD Jeep JK Wrangler Bumpers Available – 01/26/07!! January 25th, 2007 Hey everybody , I just got word from LoD that their first batch of Jeep JK Wrangler Xtreme Duty Front and Rear Bumper Tire Carriers are being finished up now, are scheduled to go on sale this Friday and should be shipping out by the end of next week!! Official 2007 Jeep JK Wrangler Accessories Guide January 23rd, 2007 Thanks to a little insider help, I just got my hands on a complete PDF version of the official 2007 Jeep JK Wrangler Accessories Guide. Of course, inside this nifty little brochure (with text in both English and French), you will find photos and brief bits of information regarding all the new Jeep JK Wrangler accessories that you can get directly from your dealership including, the MOPAR front and rear rock bumpers, spare tire carrier, tube bumpers, skid plates, WARN winch option, flat tow bar, spare tire ski and bike rack mounts, alloy wheels and seat covers. LoD Jeep JK Wrangler Xtreme Duty Bumpers Quality Protection at a Price You Can Afford! January 12th, 2007 LoD Off-Road Equipment has just announced that they will be selling their brand new Jeep JK Wrangler Xtreme Duty Rear Bumper Tire Carrier that comes complete with high quality 3/16†³ laser cut steel plate construction, two D-Ring mounts, integrated 2†³ hitch receiver, built in tool box, Hi-Lift Jack mount and durable powder coat finish all for the incredible low price of $679!! M.O.R.E. Jeep JK Wrangler 1†³ Body Lift January 05th, 2007 M.O.R.E. Jeep JK Wrangler 1 When it comes to mods that’ll give you the biggest bang for your buck, few are more useful, affordable and easier to install than a 1†³ body lift. Now, unlike a â€Å"suspension† lift which uses taller coils or coil spacers to phyiscally raise your entire Jeep up off the ground, a body lift will only raise the tub portion of your Jeep up off its frame rails most typically by stacking a series of 1†³ tall pucks on top of your existing factory body mounts. Make no mistake, a body lift is by no means an alternative to a suspension lift but it definitely is a great compliment to one. Superior Axle & Gear Jeep JK Wrangler Ring & Pinions January 05th, 2007 Superior Axle & Gear, the leader in axle and drivetrain development, announces its newest line of ring and pinion gears for the all-new 2007 Jeep Wrangler JK. LoD Jeep JK Wrangler Bumpers Ready for Production December 20th, 2006 For those of you who have been waiting patiently to buy a new LoD front and rear bumper for your Jeep JK Wrangler, I just got word that all the modifications they’ve been working on have been completed, jigs are now being built for mass production and that they still expect to have both available for sale and shipping by mid to late January. TeraFlex Jeep JK Wrangler Dual Rate S/T Swaybar System November 20th, 2006 The TeraFlex Dual Rate S/T (Street & Trail) Sway Bar system is one of the most advanced disconnect systems available, with its easy engagement knob you can go from street to trail in seconds – literally! The Best of Bestop November 17th, 2006 Included in Bestop’s line-up were the kind things I had expected to see like your standard Bikini Top, Windjammer and Duster Cover, but much to my surprise, they also had things like their new electric AMP Research Power Steps, very cool Element Door System, front and rear Highrock 4Ãâ€"4 bumpers, a sweet 2-piece hard top, overhead console and a well needed trunk on display as well. Basically, everything a Jeeper could want and/or would need for their brand new Jeep JK Wrangler. Tuffy 2007 Jeep JK Wrangler Security Console Insert & Security Drawer November 15th, 2006 One of the things we all love about owning a Jeep is the freedom that we have being able to drive it topless and doorless. Needless to say, one of the things that thieves love about Jeeps is the fact that the people who drive them often do so topless and doorless. Well, fortunately for us, Tuffy Security Products has been providing Jeep owners with lockable high quality and extremely durable steel center consoles, overhead consoles, console inserts, trunks, drawers and more for years. And, now that the new 2007 Jeep JK Wrangler has been released, Tuffy is once again stepping up to the plate and making the kind of products we need to keep our valuables safe. Off Road Evolution Jeep JK Wrangler Fox 2†³ Air Bump Stop System November 13th, 2006 If you’ve got a lifted Jeep JK Wrangler and are the kind of guy that loves to drive hard and fast over rough terrain, you’re going to want Off Road Evolution’s new Fox 2†³ Air Bump Stop System. SEMA 2006 – Jeep JK Wrangler Suspension Mentions TeraFlex November 08th, 2006 With a Jeep JK Wrangler Unlimited sitting on top of 6†³ Long Arm Suspension System and 39.5†³ tires, TeraFlex clearly had the biggest JK on display at SEMA 2006. But, in addition to this monstrous lift, TeraFlex also had four other suspension systems available for the 2007 Jeep JK Wrangler including a 2.5†³ Performance Boost, a 3†³ Suspension Kit and two variations of 4†³ Suspension Kits. SEMA 2006 – Jeep JK Wrangler Suspension Mentions Full Traction November 08th, 2006 For SEMA 2006, Full Traction had a total of five different lift kits available for the 2007 Jeep JK Wrangler including a 2†³ ECONO Lift, 3†³ Economy Suspension System, 3†³ PREMIUM Suspension System, 3†³ ULTIMATE Suspension System and a 4†³ ULTIMATE Suspension System. And, with a total of seven Jeep JK Wranglers sitting on top of one of these suspension systems, Full Traction was able to grab the title for having the most products on display at the show. SEMA 2006 – Jeep JK Wrangler Suspension Mentions Rancho November 07th, 2006 Even though Rancho only had one Jeep JK Wrangler on display at SEMA 2006, it was without question the one Jeep JK Wrangler that everyone was talking about. SEMA 2006 – Jeep JK Wrangler Suspension Mentions Donahoe Racing November 06th, 2006 Seeing Donahoe Racing at SEMA 2006 wasn’t so much of a surprise but seeing them there with a 5†³ lifted Stone White Jeep JK Wrangler Rubicon Unlimited definitely was. Make no mistake, Donahoe Racing is no rookie when it comes to developing high end off-road suspension products, but this JK was most certainly the first time that they’ve made a stab at the Jeep industry in quite some time. However, after looking at what they came up with, you’d never know it. WARN Jeep JK Wrangler Rock Sliders October 31st, 2006 Constructed from thick-wall round steel tube, 3/16† steel plate, and covered in a textured black powder-coated finish, the WARN ® Rock Sliders let buyers take their JK on the most challenging trails without fear of ruining the body. Installation is easy, and all of the necessary hardware is included, allowing buyers to spend more time driving their Wrangler and less time installing parts on it. Superior Axle & Gear 2007 Jeep JK Wrangler Sahara & X Model Dana 44 Rear Axle Shafts October 27th, 2006 I just got word from Superior Axle & Gear that they’ve just completed development of their new Jeep JK Wrangler X and Sahara model Dana 44 Rear Chromoly Axle Shafts. Made from SAE4340, these new axle shafts are induction hardened, have rotoflow spline rolling and are CNC turned for a superior finish. LoD Off Road Equipment Front & Rear Bumpers for the 2007 Jeep JK Wrangler October 26th, 2006 Over the past four years, LoD has been making a name for themselves by manufacturing the highest quality Jeep front bumpers, rear bumper tire carriers and rocker guards and all for a price that every Jeeper could afford. Of course, now that Jeep has just release their newly redesigned 2007 Jeep JK Wrangler, you can be sure that LoD is already hard at work developing completely new front and rear bumpers for it. PUREJEEP Rocker Guards October 25th, 2006 Made out of 3/16†³ thick steel plate, the new PUREJEEP Crawler Rocker Guards are designed, laser cut and precision formed to fit perfectly on the curved body of the 2007 Jeep JK Wrangler and protect its rockers from the punishment you’ll be thowing its way on the trail. The PUREJEEP Crawler Rocker Guards will be available for 2-Door Jeep JK Wranglers this November, 2006 and the 4-Door Unlimited version should be following soon after. Off Road Evolution Jeep JK Wrangler Billet Aluminum Door Handles & Hinges October 23rd, 2006 Are ya looking to customize your new 2007 Jeep JK Wrangler with some stylish looking accents? If so, you’re gonna want a set of Off Road Evolution custom door handles and hinges. More New Skyjacker 2007 Jeep JK Wrangler Suspension Lift kits & Components October 20th, 2006 With just a couple of weeks left until SEMA, you would think that most manufacturers would be a little more tight-lipped about the new products they have developed and are planning to release for the 2007 Jeep JK Wrangler. But, I’m sure you’d be happy to to know that they are doing anything but that. In fact, I just got word from Skyjacker that they’ll be releasing two new suspension lifts and a set of front poly spacers for sale today.

Strategic Thinking and Effective Change Samsung

Strategic Thinking and Effective Change Samsung With over 200 subsidiaries across the continent, Samsung has devised a powerful business model in order to remain profitable (Samsung Global Strategy Group 2015). The firm uses innovative strategies and practices in order to produce new products. The concept of research and development (RD) is also taken seriously.Advertising We will write a custom coursework sample on Strategic Thinking and Effective Change: Samsung specifically for you for only $16.05 $11/page Learn More Such changes include eye-catching electronic devices and superior smartphones that can address the needs of more consumers. This paper analyses Samsung’s business strategy. The findings are used to recommend the most appropriate strategy that can support the strategic needs of this organisation in Asia. Current Strategic Position of Samsung Understanding Samsung’s Strategy Throughout the 1970s and 1980s, Samsung was manufacturing and marketing cheap television sets and microw aves. According to history, the firm was struggling due to lack of superior products. The level of competition was extremely high thus making it impossible for Samsung to achieve most of its business goals. Many people believed that ‘the firm was also struggling with financial uncertainty’ (Lee Lee 2014, p. 4). Experts believe strongly that things have changed significantly for this giant company. The company’s products are superior and admirable. Many people ‘purchase Samsung’s products because they believe that they catch the pulse of the consumer’ (Singh 2012, p. 4). Samsung Group has understood how to focus on the buyer’s emotion. It achieves this goal by offering elegant, superior, and attention-grabbing devices. Such devices are designed in a professional manner in order to remain competitive in the global market. Within the past two decades, Samsung has been combining various business strategies in an attempt to address the chan ging expectations of its global customers. It has focused on the power of innovation in order to achieve these goals. The company’s products are designed to meet the needs of every high-end market (Jung, 2014). However, competition has always remained a major challenge for Samsung. That being the case, the firm focuses on powerful approaches in order to deal with the increasing level of competition. After producing its first Samsung Smartphone, the corporation conducted a thorough market research in order to understand the major issues facing different consumers. The firm realised that ‘most of the existing competitors were using high prices to market their devices’ (Bouman 2014, p. 8). This observation encouraged the firm to lower the prices of its smartphones by around 20 dollars in various nations. This move was aimed at attracting many potential customers. More people realised that such smartphones were affordable. The move made it easier for Samsung to marke t more smartphones than ever before. The same business strategy was adopted for every segment and product (Singh 2012). This move improved the company’s business performance within the shortest time possible.Advertising Looking for coursework on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The above discussion gives a summary of Samsung’s business strategy. Samsung therefore continues to use a wide range of strategies and approaches in order to position itself in the global market. To begin with, the firm uses various approaches to change its brand image (Jung 2014). Samsung uses powerful adverts and innovative strategies in order to become the leading producer of quality devices and services. As well, brand repositioning is undertaken in an attempt to inform more people about the firm’s superior products. This practice has become ‘a long term investment at the company’ (Lee Lee 2014, p. 8). It is currently attracting a large number of potential buyers across Asia. PESTEL Analysis Political The political environment has been favourable for Samsung. However, the Asian region is associated with new political changes that can threaten its future performance. The current instability faced in Korea can affect the firm’s future. For example, the conflict between North Korea and South Korea can affect the region’s future political climate. Such political uncertainties can have disastrous implications on Samsung’s future business goals. Samsung considers such uncertainties whenever designing its strategic plans (Xu 2009). Economic The company operates in different Asian countries. The economic performances of such nations continue to dictate the firm’s business performance. The current economic vagueness experienced in the world should also be taken seriously. Many customers in different ‘Asian countries have portrayed a reduc ed purchasing ability’ (Markides 2004, p. 6). The firm is presently considering new strategies that can support its business objectives. Statistics show that the economies of the nations are rising steadily. South Korea’s current GDP is 1.39 trillion US dollars (Nakagawa 2014, p. 221). The slow economic growth encountered in China has led to reduction in shipments to the country. This issue can affect the region’s economy. Social Factors Asia has encountered new social values and practices due to the current wave of globalisation. The changing needs of the targeted customers will affect the corporation’s business model. For example, more people are travelling frequently and engaging in various social activities. Samsung will be required to re-pattern its business strategies in order to address the cultural values and needs of many consumers in Asia. Technological Factors The company is very innovative thus making it successful. Samsung has powerful techno logical abilities and strengths. It uses such technologies to produce innovative and superior mobile devices. The use of modern technologies makes it possible for the Samsung to realise its business objectives.Advertising We will write a custom coursework sample on Strategic Thinking and Effective Change: Samsung specifically for you for only $16.05 $11/page Learn More However, Apple has ‘accused the firm of imitating its product design’ (Tong-hyung 2014, p. 3). The current lawsuit is affecting the trust of many customers in different parts of the world. The firm will also be required to use new technologies in an attempt to deal with competition and succeed in the smartphone industry (Xu 2009). Companies are also working hard to produce faster. Some competitors are also focusing on the superiority and effectiveness of bigger smartphones (Xu 2009). Environmental Factors New laws and policies force companies to engage in sustainable business pra ctices. The firm is expected to focus on sustainable business strategies and operations. The company is required to keep the environment clean, manage wastes, and support the needs of every surrounding community (Singh 2012). The company will have to ‘face stricter rules regarding the issue of sustainability in the coming years’ (Zafar, Habib Bilal 2014, p. 72). These environmental issues are critical towards supporting many firms in this industry. Legal Aspects Samsung has been forced ‘to pay heavy fines for charges that it imitated Apple’s iPhone and iPad’ (Tong-hyung 2014, p. 3). This legal issue discouraged more customers in different parts of the world from using the company’s devices. As well, the firm has to consider various business laws and regulations in order to achieve its objectives. The current lawsuits affecting the firm can affect its future business performance (Xu 2009). Analysis According to the above analysis, Samsung has been facing competition from many companies. Some of these companies include ‘Apple Incorporation, Sony, Toshiba, Ramtoms, and Hewlett Packard’ (Singh 2012, p. 7). It is also notable that the firm operates in different market segments thus attracting more competitors. The existence of competition is something that forces Samsung Group to focus on the most appropriate business approaches and practices. Such actions are undertaken in order to achieve its business potentials. This issue explains why Samsung Group has been undertaking numerous researches from the market. Such researches mainly focus ‘on the changing consumer preferences, competitive strengths of different companies, changing demographics, and emerging markets’ (Lee Lee 2014, p. 3). The next important step towards having a successful strategy is using reduced prices. Samsung Group ‘renews its pricing strategy frequently’ (Lee Lee 2007, p. 498). This move is undertaken in order to deal with the increasing level of competition. The pricing strategies are also dictated by the changing preferences and expectations of many Asian consumers. The prices used by immediate competitors are used to ensure the company’s products are purchased by more customers. The pricing strategy plays a significant role towards increasing the company’s sales and revenues.Advertising Looking for coursework on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The above business model explains why Samsung is currently one of the most profitable companies in the world. Its presence in many emerging Asian nations makes it more competitive. The firm is also playing a major role in its industry. This is the case because it ‘sets the pace for innovation, product improvement, customer support, sustainability practices, and technology use’ (Singh 2012, p. 3). Samsung has also ‘forced different competitors to come up with superior gadgets that can meet the ever-changing needs of more consumers’ (Sun, Sun Xu 2014, p. 4). Samsung’s efforts have forced many players in the industry to reduce their prices. This move has made different smartphones available to more customers. Such efforts have made Samsung a recognisable player in the industry. Nature of the Industry Consumers of such smartphones have remained loyal than ever before. They ‘purchase new devices whenever they are launched in the market’ (Bou man 2014, p. 8). The leading players in the industry have understood how to focus on this kind of loyalty. The competitors are always convinced that every new product will attract more potential buyers (Kess Isoherranen 2014). This massive industry is therefore characterised by numerous companies that market different smartphones to the increasing number of potential consumers. Bouman (2014) argues that the ‘industry is defined by ever-evolving designs and mobile technologies’ (p. 11). The leading competitors in the industry use aggressive pricing methods and continuous imitation in order to achieve the best outcomes. Most of the targeted consumers are very sensitive about prices thus forcing the players to focus on the best business practices. The major consumers in this industry are usually aged between 18 and 45. As well, many older citizens and politicians have been observed to purchase such mobile devices. Rivalry has also remained extremely high in this industry. This is the case because many competitors use similar pricing strategies, technologies, and RD processes in order to address the changing needs of more customers (Sun, Sun Xu 2014). However, some companies have identified their specific competitive advantages in order to remain successful in this industry. Apple has remained the biggest player in the smartphone industry. The firm is admired by many customers because of its ability to innovate and produce powerful devices. It focuses on a few devices in order to achieve the best outcomes. Apple Incorporation has ‘remained the most profitable, successful, and admirable firm in the industry’ (Singh 2012, p. 13). It is also ‘identified as one of the biggest technology corporations in the globe today’ (Kess Isoherranen 2014, p. 1117). The firm uses powerful RD strategies and numerous resources to produce revolutionary smartphones such as the iPhone 4 and the iPhone 5. The company launched the iPhone 6 thus ma king it the most successful smartphone in the whole world. This argument shows clearly that Apple is a successful player in the industry. As mentioned earlier, the smartphone industry focuses on the needs of many customers aged between 18 and 45 years. Majority of these customers have good jobs and opportunities. They are tech-savvy and have good education (Singh 2012). The competitors in the industry also understand how to partner with different software producers in order to deliver powerful apps. Such applications are usually aimed at addressing the needs of these potential customers. The ‘other important observation is that the customers are global’ (Sun et al. 2014, p. 11). This means that the players in the smartphone industry should use international strategies to market their devices to more customers. Bouman (2014) believes strongly that ‘new markets will continue to emerge for these smartphones’ (p. 5). More young and old people are embracing the benefits of such smartphones. The availability of 3G and 4G internet services also makes such devices more useful. These developments encourage more competitors in the industry to produce quality products than ever before. Samsung’s Value Chain Samsung uses a powerful value chain strategy in order to achieve its goals. The firm’s logistical operations are executed by different companies and subsidiaries. For instance, Samsung Electronics Logitec plays a major role towards supporting the company’s operations (Samsung Global Strategy Group 2015). The operations make it easier for the company to deliver more goods to different potential customers. Proper marketing strategies are also used to support to support the company’s value chain. Sales promotions, advertisements, competent marketers, and logistical operations support the company’s value chain. The firm also focuses on the best practices in order to deliver quality services to different customer s. The other important consideration is that Apple uses powerful production strategies. It has been outsourcing different services in order to produce its superior devices. This approach has continued to produce the best results. This is the case because the firm has managed to reduce its production costs. The reduction of its production costs makes it possible for the company to market its superior products using reduced prices (Kess Isoherranen 2014). The firm’s revolutionary devices have remained successful in different parts of the world. However, Apple can never ignore the presence of powerful competitors such as Samsung, HTC, and Nokia, and Tecno (Kess Isoherranen 2014). This situation explains why these companies focus on the most appropriate strategies in an attempt to emerge successful in the smartphone industry. Challenges Facing Samsung Many companies in this industry continue to face various challenges. Most of these challenges are external in nature. That being the case, the firms must identify and use the most appropriate strategies in order to achieve their business potentials. Samsung is currently facing numerous challenges. It is appropriate for the firm to use powerful strategies and approaches in order to deal with such problems (Bouman 2014). This approach will make it easier for the firm to achieve its business objectives. The PESTEL analysis presented below gives a detailed analysis of the major external factors affecting the corporation Business Environment Samsung also faces different strengths and weaknesses. Such strengths have been critical towards supporting its business strategy. The existing weaknesses are monitored and analysed in order to develop better strategies for effective business performance (Zafar, Habib Bilal 2014). The existence of opportunities encourages the company to pursue most of its business goals in a specific market such as Asia. Some threats can also affect the company’s future performance. T he SWOT Analysis presented below gives a succinct summary of the company’s external and internal environments. Porter’s Five Forces The industry’s level of rivalry and attractiveness continues to present new challenges to the company. A proper understanding of the forces faced by Samsung in the industry can encourage the leaders to make appropriate business decisions (Rowley Paik 2008). Such decisions will eventually support the company’s business practices. The Porter’s Five Forces presented below gives a detailed overview of the major issues facing this company. Industry rivalry The smartphone industry has become very competitive. This is the case because there are many companies such as Nokia, Apple, and LG. Most of these companies ‘are fighting for dominance in the industry thus making it impossible for Samsung to become the leading player’ (Katkyama 2010, p. 24). Competition in emerging Asian markets is also on the rise. These ch anges continue to affect the company’s performance in the smartphone industry. Barriers to entry This industry has giant corporations with operations in many countries. Every newcomer will be forced to incur numerous expenses in order to have a significant impact (Manchester 2012). As well, the companies incur numerous expenses in order to market their revolutionary devices to more consumers. This situation explains why the threat of new entrants is extremely low (Nedelea Paun 2009). However, the existing players are making it hard for the firm to achieve most of its business potentials. Bargaining power of buyers Many customers are providential to choose the best smartphones in the market. This is the case because the market has been flooded with different devices (Manchester 2012). The buyers are also ready to purchase specific products that can satisfy their changing expectations. Producers and marketers of such phones must consider these needs in order to innovate the be st smartphones (Nedelea Paun 2009). Many consumers also want different companies to engage in sustainable practices. The bargaining power of such customers is extremely high thus forcing Samsung to embrace better business practices. Bargaining power of different suppliers Many suppliers in the industry are able to offer quality services. They also supply a wide range of raw materials and accessories. Companies such as Samsung should be ready to address the needs of such suppliers in order to achieve their potentials. It is appropriate for companies in this sector to analyse the changing behaviours and demands of these suppliers (Hill Jones 2012). This approach will make such companies more successful. Substitute goods The ‘smartphone industry is associated with a wide range of superior and substandard mobile devices’ (Hill Jones 2012, p. 18). These smartphones can complete various tasks and satisfy the needs of more customers. Samsung has been forced to use powerful pricing methods in an attempt to deal with this threat. The existence of such products will make it impossible for companies such as Samsung to become the leading players in the industry (Samsung Electronics: Sustainability Report 2014). The firm should therefore use powerful business tactics in order to attract more customers. The smartphone industry is characterised by ‘unique trends that are not observed in the other sectors’ (Kess Isoherranen 2014, p. 1114). To begin with, the level of competition in the industry has led to new changes and improvements. Such improvements are recorded every year in an attempt to deliver the best support to more customers. As well, the industry is ‘fast-paced because the players have the required financial strength’ (Bouman 2014, p. 8). The companies operating in this industry have been focusing on the power of RD in an attempt to produce superior products. Such products are aimed at transforming the lifestyles of the ta rgeted customers. This fact explains why smartphones have been constantly changing. The companies have been adding new features that can attract more customers. Every new smartphone is believed to be ‘an improvement of its immediate predecessor’ (Bouman 2014, p. 9). SWOT Analysis Internal analysis The other important aspect of Samsung’s strategy is its continued focus on research and development (RD). Samsung uses the concept of RD to identify the gaps facing the industry. The firm attracts new experts in order to produce new smartphones that can compete successfully in the global market. The same approach is used to improve different products in order to make them superior (Lee Lee 2007). Innovation is embraced at this company. The practice makes it easier for Samsung to produce new products that can address various gaps in the market. Consumer feedbacks and suggestions are considered whenever innovating new products. Samsung has managed to produce powerful pro ducts that have the potential to address the needs of its loyal customers. Strengths Samsung is one of the leading manufacturers of smartphone devices. It also has successful electronic devices in the market. Its positive performance in the mobile phone segment because it an admirable brand. The firm has impressive RD technologies and design capabilities. Every Samsung’s device ‘is known for its longer battery life’ (Tong-hyung 2014, p. 7). The firm enjoys a wide presence across the globe. Samsung ‘is a leader in innovation’ (Chen 2015, p. 2). The corporation has strong relationships with different retailers across Asia and beyond. Samsung operates in different market segments thus reducing its risks. Samsung’s smartphones have superior features and applications thus making them successful in the market. Weaknesses Samsung has been ‘unable to devise the best marketing capabilities for its smartphones’ (Tong-hyung 2014, p. 2 ). Many Chinese companies are producing superior phones thus attracting more customers in the Asian market. Such companies include HTC, Huawei, and Xiaomi. The ‘firm focuses mainly on its consumer electronics segment’ (Rowley Paik 2008, p. 43). The firm targets customers in developed nations thus reducing its opportunities for future growth. Many consumers ‘believe that Android operating system is inferior to Apple Corporation’s iOS’ (Rowley Paik 2008, p. 49). This weakness explains why many customers fail to purchase Samsung’s devices. The firm lacks sophisticated and appropriate marketing efforts. Opportunities Many people are currently purchasing different smartphones in Asia. Such customers are also looking for superior mobile devices and tablets. This situation creates a new opportunity for the company. The increasing level of demand for mobile-based solutions and applications continues to attract more customers. The emergence of w earable tech is an opportunity for the company. Asia is characterised by an emerging number of middleclass citizens. This increase is an opportunity for Samsung. The firm will market its products to more potential buyers. The current use of online platforms and social media can improve the firm’s marketing capabilities. Threats The level of competition from Apple is extremely high. Apple and Samsung are ‘always fighting on Patents’ (Chen 2015, p. 2). Some ‘competitors are producing cheaper and superior smartphones such as HTC’ (Chen 2015, p. 3). Apple ‘is admired by many consumers because of its sophistication, quality, and reliability’ (Rowley Paik 2008, p. 76). The emergence of many Chinese companies poses a threat to the firm. Samsung’s products have immediate rivals or substitutes in the market. Tackling the Above Challenges: Implications The use of Change Theory can produce the best results. For instance, Kurt Lewinà ¢â‚¬â„¢s change theory can produce the best outcomes (Hernaus 2011). The PESTEL and Porter’s Five Forces presented above should be used to address the issues affecting Samsung. The firm uses different strategies in order to deal with the above challenges. Such strategies are aimed at supporting the targeted business objectives. The first approach focuses on the power of continued research and innovation. Samsung Group has employed advanced technologies and experts in order to produce quality smartphones. Such devices can compete successfully in the global market (Samsung Electronics: Sustainability Report 2014). The ‘firm uses the concept of innovation in order to realise every targeted goal’ (Hernaus 2011, p. 7). The innovative practices embraced by the company are aimed at addressing various issues. The first issue to consider is the changing expectations of different consumers. The company produces powerful devices and smartphones that can deliver the best pro mises to such customers. The proposed theory will ensure the firm focuses on the best outcomes. The completed PESTEL outlines the business strategies and innovations embraced by different competitors. The firm uses the strategy to produce new devices that can deal with the challenge of competition. Unfortunately, the firm has faced numerous lawsuits from Apple Incorporation. The move has also ‘affected the company’s profitability after paying heavy penalties for alleged mobile design infringement’ (Jung 2014, p. 137). These penalties have affected the company’s image thus discouraging more consumers in different parts of Asia from purchasing its products. This challenge has emerged from the company’s continued efforts to become successful. The second strategy used by Samsung in order to deal with the above challenges revolves around the concept of pricing. Nakagawa (2014) argues that ‘Samsung’s pricing strategy has been appropriate with in the past ten years’ (p. 223). The firm examines the prices used by its rival companies. The firm uses cheaper prices to market its smartphones. This strategy has encouraged more customers to purchase and use the company’s mobile devices. The emergence of cheaper products in the market has threatened the sustainability of Samsung’s devices. For instance, HTC is currently marketing cheaper smartphones in the market. New players such as Lenovo are making it impossible for Samsung to remain the leading player in the smartphone industry. Many consumers in Asia have also been associating the company’s cheap prices with ineffectiveness. This new problem continues to affect the company’s performance. The firm is also known to use proactive measures in an attempt to deal with competition. For instance, the company produces numerous devices within a very short time. This prolific approach makes it easier for the firm’s devices to compete directly w ith other superior products. Many customers have been ‘purchasing such products because they are superior, elegant, and cheap’ (Hernaus 2011, p. 8). However, this strategy has resulted in new problems. For instance, Samsung’s prolific strategy has discouraged many customers especially in the developing world. Many Asians are ‘not ready to purchase new devices after every six months’ (Chang 2011, p. 76). That being the case, the targeted customers have decided to focus on superior devices such as the iPhone 6. Samsung also embraces the power of technological changes in order to deal with competition and address every challenges encountered in the industry. The firm collaborates with different companies such as Google Incorporation in an attempt to produce powerful smartphones. The company’s devices use Android operating system (Nakagawa 2014). However, many ‘consumers in the developing world believe strongly that the operating system is n o match for Apple’s iOS’ (Chang 2011, p. 12). This scenario explains why the company’s products are yet to perform positively in the Asian market (Nakagawa 2014). The above tools show how the external environment is forcing different companies such as Samsung to engage in sustainable practices. The concept of sustainability focuses on different issues such as ‘waste management, environmental conservation, and focus on the existing regulations’ (Chang 2011, p. 98). The firm has collaborated with different stakeholders in order to promote the most appropriate sustainability practices. The corporation is therefore required to embrace the best practices in order to deal with these implications. The decision ‘to invest in new countries has encountered numerous challenges such as political instability, economic uncertainty, and reduced revenues’ (Chang 2011, p. 103). Recommendations to Meet the Company’s Strategic Needs According to th e proposed theory, several changes will be required in order to support Samsung’s strategic needs and objectives. Such changes should be executed in accordance with the internal and external forces affecting the corporation. It is agreeable that Samsung uses some of the best business practices in an attempt to emerge successful (Samsung Global Strategy Group 2015). However, the challenges identified above have been making it impossible for Samsung to realise most of its business goals (Chen 2015). The SWOT Analysis presented below should be used to support the best strategies. The first route should focus on the benefits of corporate social responsibility (CSR). This approach makes it easier for many corporations to engage in ethical and sustainable businesses. Samsung’s new CSR should consider every ethical, legal, and environmental issue in order to achieve the best outcomes. The approach will ensure the company’s innovation and RD team produces original ideas . Such designs should ‘be competitive, innovative, and revolutionary’ (Chen 2015, p. 3). The firm should involve different stakeholders whenever addressing various sustainability issues. A powerful ‘market strategy should consider different factors such as the prices of competitors, demographics, consumer needs, and presence of substitute goods’ (Jung 2014, p. 138). The above Porter’s Five Forces model should be used to address the needs of different suppliers and customers. The understanding will ensure the firm identifies ‘new market segments, technological changes, and changing demographics’ (Nakagawa 2014, p. 224). The targeted customers in the continent will be able to support the company’s business strategy and eventually make the firm successful. Competition is something unavoidable in the smartphone industry. Innovative marketing approaches and customer-focused practices will eventually support the company’s entrepr eneurial needs. TOWS Analysis External Scanning Internal Environment Opportunities Emerging markets Demand for smartphones New technologies Economic and demographic changes Strengths Global company Brand name/image Innovation and RD Customer loyalty Powerful entrepreneurial culture Diverse distribution practices Diverse products and segments S/O Strategies Focus on a small number of market segments. Use a powerful marketing strategy that considers the changing behaviours of consumers and competitors. Embrace the benefits of ethical business practice and CSR strategies. This TOWS Analysis shows that Samsung should redesign its strategy. Samsung’s focus on different products affects its competitiveness in the global market environment (Chen 2015). This situation should encourage the company’s leaders to concentrate on a limited number of segments. The smartphone sector should also be given priority because it has the potential to produce the best results (Katkyama 2010). These strategic paths will eventually make Samsung a leading marketer of advanced smartphones in Asia. Appendix Mission Devoting our technology and talent towards creating superior services and products that can contribute to a sustainable global society. Vision Samsung is committed to inspire its stakeholders and communities by leveraging new technology, creative solutions, and innovative products. 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