Opening of Rohan Stores in Iran Assignment Example | Topics and Well Written Essays - 4000 words

Opening of Rohan Stores in Iran - Assignment Example Hence, by investing in Iran, the business will be entering a market with a completely different culture. Adizadeh (2010) states that despite the significant role that franchising has played in all economies; researchers have paid little attention to it in the Iranian market. The author further adds that there are very many barriers facing Iranian firms with considerations of adopting franchising. The barriers include legal, cultural, political, tariff, and economic. However, managers of already existing franchises in Iran affirm cultural barriers as one of the most important hindrances facing franchisors and franchisees in the country (Adizadeh, 2010). Leung et al. (2005) noted that the source of cultural barriers is the variations in cultural variables such as religion, material culture, language, social organization, popular culture, and aesthetics between the resident and foreign nations. The authors continue to point out that an increase in such dissimilarities translates to larg er cultural distances between the foreign and home countries. Consequently, an increase in the cultural distances creates challenges in the process of transferring the investment from the resident country. However, Ewah and Ekeng (2009) identify an increase in the levels of saturation and competition in the markets of developed countries. For this reason, Rohan’s most viable solution would be developing strategies to deal with the cultural differences and, subsequently, invest in Iran as an emerging market economy.

Economic Analysis of Nintendo

Economic Analysis of Nintendo Nintendo is a company which manufactures video games and gaming consoles and it is not new company as, it have been one of the oldest in the stock market. This company actually produces different devices of technology that upgrade the new videogames that had launched in the world, the name of Nintendo is very famous and became the most dominant in the in the games industry. And eventually most people universally known NES from many years and must have seen its success and also its debts from many years, which any company faces both of them. It was the leading game worldwide who dominated the market in video games for many years till their critical step they took in the year 1993, taking over SNES which is also known as Nintendo Entertainment System. Nintendo sold about 565 million of hard ware units and 3.4 billion software units and currently it is one of the best companies in the games history. (Techshout 2011) Nintendo Company Limited is one of the oldest and also one of the best games of all times which is originally from Japan, Kyoto. The name Nintendo was given by a Japanese name called HanaFuda which was launched in the year 1889 as a playing card. These cards were 52-deck playing card these were mostly made for exports but were later sold in Japan for the increasing population. However, later it grew and become one of the largest business producers in video games, selling games like The Legend of Zelda, Donkey Kong, Pokà ©mon and Super Mario Brothers. Even after so much completion if you ask any game producer company like Sony, Microsoft, and many more, where did they get the idea or the start Im sure they will tell you only one name Nintendo, the meaning of Nintendo in English means the thing we can do the best and rest leave it to God. Nintendo WII and Sony play station and also Microsoft Xbox went high in the stock market in the year of 2011where youngsters around had it. These ga mes have a lot of tools like listening to music and using internet and in that way they could download movies and play video games online. (Kotaku 2009) The first video game launched by Nintendo was the Nintendo ES, which was grey color box which had only x and o to play with, followed by many games like Nintendo super As, 64 Nintendo, Nintendo, Nintendo Revolution which was launched in late 2006. Hence, later famous games which had a good name and a great sales turnover for Nintendo which made their profit increase and produce more products, then the game boy launched in the market and after seeing such a big success it launched the advance version of its which was later called Gameboy advance, and then Nintendo DS. Nintendo noticed a great fall in its sales between Nintendo 64 and Nintendo, because of the great game launched by Sony, called the Sony PlayStation and people would buy Sony play station than Nintendo 64 and Nintendo. The Sony PlayStation 2 and also Microsoft which launched into the market its Product called Xbox, had some features of the other games but in an advanced level. Having some debts thing didnt affect Nintendo much because they knew that they will come back into the market with games that are more powerful than their last ones and in that case it would have the demand of the market by their side, with advance advanced gaming system, like now we can see in this graph that as it went by it keeps on increasing by million units. (Gizmodo 2006) 2. Trends analysis 2.1 Past of Nintendo The Game cube was unveiled on August 24th 2000 but customers were only allowed to buy it during the launch in November 18th 2001. During the launch of the GameCube, it was recorded as the fastest selling home video games console. Within North America over 500,000 systems were sold which was double than Microsofts Xbox and was 25% faster than the launch of the PS2. Nintendo had made about a $100 million on GameCubes and merchandise that was related and with the release of the Harry Potter and the sorcerers Stone earned them a gross of $93.5 million. (Cubicle2001). Even thou the Game Cube had done really well in its launch; it did have an outstanding performance well over the years after of its life hood the market share were majorly occupied by the Sony PlayStation2 and then Microsoft Xbox, leaving the Nintendo GameCube last. The game developing companies that produced games for each console have shown the destitution of their products to each console. This is a combination of EA, Avt ivision, UBISOFT, THQ, and Midway. These were companies that produced games. (the guardian 2012) You can see that the Sony PlayStation had an upper hand when it came to talks about market shares but over the quarters there have been substantial drops of sales. Not only just for Sony but also in Microsoft and Nintendo, yet still Nintendo being the worst out of them all. Even thou it was shown to be the greatest ever gaming consoles to be sold over there year leaving PS2 and Xbox to eat its dirt. 3. Economic Analysis 3.1 Production Possibility Frontier As Nintendo manufactures many gaming devices and consoles they always kept the primary objective as one. In 2009 when the new Nintendo DS was launched it made a great profit for Nintendo company and after one year when they fully launched Nintendo Wii which was a blast for the competition which made a profit of millions was in their choice that which one to manufacture more either the Nintendo DS or Nintendo Wii. And in the below given diagram u can see how do they do this. As in the diagram above you can see that the console Wii is manufactured in maximum rate of 2000 per month and if they manufacture 2250 Nintendo ds devices than they will make more Wiis and if they reduce the output for Wii than the output for Nintendo ds Wii increase. 3.2 supply and demand Demand for Nintendo device in the market and competition stands higher than Xbox and ps3 because Nintendo operates portable devices and consoles which other companies have not done yet. And Nintendo Wii was the first game in which you can actually react outside the screen and your own prototype will do the same movies in the screen. In Nintendo Wii you can have games that can provide you home fitness such as yoga, cardio exercises and such games which really help your movements to get refreshed and make you stay in fitness. After Nintendo Wii was launched Xbox bought up their Kinect through which you can do the similar things as Nintendo Wii but with better graphics and improved technology than Nintendo Wii. Quantity Demanded In the diagram above you can see the demand for the Nintendo Wii and as you can see the demand for the console is high and people are ready to buy it in an affordable price and if there is a decrease in price of Wii than the demand for it will increase automatically. Nintendo has their supply all over the world and it makes great amount of profit from all the places where it supplies its devices and consoles. If Nintendo would increase the value of their products, people would not wish to buy their products anymore so they should supply in a particular limit in the monthly basis and in that case they should keep lower prices from which they can take their profit out and a price which would be reasonable for the people to buy. In the diagram above as you have seen that Nintendo supplies at the price of P1 and they supple Q1 amount of goods so if Nintendo starts to transport more goods than they will have to increase the price together as well because of the other cost of exporting the goods. 3.3 Opportunity Cost In 2007 Nintendo DS was one of the best portable device and 170,000 devices were sold in Australia and if in one country Nintendo DS was sold in thousands of quantity then how much would they would have sold in the rest of the part of the world. When Nintendo Wii was launched it was a big challenge for the other gaming competitors because it was a total different technology and which made sales huge amount of sales around the world and at that time Nintendo DS was not that competitive so Nintendo lowered down the sales of Nintendo DS and the plan they had was to keep Wii in the market and stop Nintendo DS and after a while bring up Nintendo DS up with a better technology so as they planned they have now launched their latest Nintendo 3DS which is a convenient device and in which the games are all in 3D and without using 3D glasses people will be able to play in 3D just believing in their eyes. 3.4 Economies of scale As Nintendo has a very good reputation in the market and they hold a very good position in the market and people are willing to buy their products more so if Nintendo increases the quantity of supplying more goods and specializing on more technology which is going to happen if they get more capital into the business and invest them to get more machinery for more output and making sure of using them properly because it will be of no use if they get a new machine and they dont use it. More supply and decreasing the prices will result into economies of scale. 3.5 Pricing When a product is manufactured the cost of making that product is the original price of the product and the value added on it is the profit and the original value is used to manufacture same product again and the profit left after it is either distributed or invested into the business for more production. 3.6 Law of diminishing Returns Nintendo is a multinational company and it operates in more than one country so it is a huge company and they loads of sales and profit earnings they must have many employees labors. Having many labors a firm and giving them the same task is not that good because there will be some of them who will try to escape from work and be dependent on others which is not there and they will not be affected by anything because they will be paid in the end of the month. It is always better to have limited amount of labors and giving every different labor an altered task. Removing the lazy workers and having the good ones is always a better option and which will also save cost and that amount can be used in many other things such as getting more raw materials, giving more security services to the workers who work, savings for the working workers and in the end of the month giving them bonuses and etc. 3.7 Production cost and nature of competition for Nintendo: Nintendo is a Japanese company that specializes in video game consoles. The product line includes Game Boy line, Color TV Game, NES (Nintendo Entertainment System), SNES, Virtual Boy, Nintendo 64, Nintendo Game-Cube, Game-boy Advance, Nintendo DS, Wii, Nintendo 3DS, and various video games that are sold world-wide. Nintendo: Production Cost Nintendo is clearly the leading video game selling console for the current generation. It manages to sell more than the leading rivals combined on a regular basis and now there are suggestions that indicate Nintendo might be prepared to reduce prices in order to make its devices even more attractive. Analysts have said that costs associated with manufacturing Nintendo devices have fallen quite clearly since the initial introduction into the market. In fact, the various components and the process itself has been discovered to be 45% cheaper. As a result, the gaming device will get a price cut in order to boost sales. In some ways the price reduction has been seen as necessary for Nintendo due to its recently disappointing performance in some regions. A reduced manufacturing price for Nintendo devices means that the company is making more money on each console it sells. Other sources have discovered that just because Nintendo can it doesnt mean it will drop the systems price. This might be especially relevant for consumers in areas which recently saw the devices take a hike in price due to the declining value of their currency. Overall, some consumers find the company currents devices to be expensive but others say its fair considering the technology offered, so whether or not we agree with the current prices or not, it all comes down to whether or not we believe we are getting our moneys worth. Either way, whoever at Nintendo figured out a cheaper way to construct the devices must have earned a promotion. Conclusion Nintendo a well know Japanese multinational corporation based in Kyoto, Japan is the worlds most famous gaming company specialized in card and video gaming, Founded by Fusajiro Yamachi when it first started to produce card games which it aimed for export but was also demanded by the local market and has lead it into becoming worldwide gaming company with millions of production each year and new version coming up often with better and much more functions. It has kept high profile for its goodwill till the 1990s,However it has seen a decrease in its sales after the competition firms such as Sony, Microsoft etc. till 2006 until the production of the Nintendo Revolution which has given the organization a goodwill and brought it back to the market. Moreover which has given the green light to create an advanced version of it called Gameboy and later changed it to Gameboy Advanced with faster processors and better effects. On the other hand Nintendo plans to launch a new home console sometime in 2012 and has also show interests in increasing the Nintendo 3DS and Wii awareness. Nintendo is aiming to have a steady release of software over the next year, no huge gaps between releases as it seems, however there has been no dates issued but has disclosed the future plans as the following There are plans to enhance the line-up for the 3DS, internationally Nintendo says beginner, middle and core gamers are all related Nintendo is dedicated to expanding the core gamer audience More collaborations with third parties is promised, including content for online networks Nintendo wont allow another gap in software releases Steady stream of software to be released next year 16 million 3DS hardware sales target is not conservative, but aggressive The priority this year is 3DS hardware sales, and as such, Nintendos profitability has been sacrificed Nintendo is aiming to grow the 3DS to being a core platform There isnt a lot of opportunity for Street Pass in USA Implied release of Wii U to be later than June 2012 Assumption of Wii U launch in Japan in September, EU/NA in November The Wii Us final version will be shown at E3 next year Nintendo is aiming to accelerating digital offerings and downloadable content A Pokà ©mon game may be arriving in Spring, and it might be related to Poke Park 2 (Nardi 2011)

Dangers of Buying Bottled Water Essay -- Food

Water Consider bottled water, have you ever wondered why you bring yourself to spend two to five dollars on a simple bottle of water? Water is one our earth’s very resources, should it be legal to have to purchase water at all? Wouldn’t you consider water a human right? According to TIME, Nestle’ makes $2.2 billion a year off of bottled water. This company and many like it are taking groundwater from local communities at little to no cost, and selling it at inflated prices as â€Å"purified† water. In the state of Michigan, citizens are protesting the outflow of water. They are claiming that groundwater levels are dangerously dropping and becoming unhealthy. When groundwater begins to drop to an unhealthy level that community must begin rationing out water to some how maintain the levels. This leaves children thirsty and mothers frantically trying to find ways to supply such a necessity to their families. It is not fair that these companies, like Nestle’, are permitted to withdraw 210 million gallons of water a year to sell at a profit that is yet to be figured. In this process, sta...

Brazil and India business environment comparison Essay

The United States and Brazil entered into a common agreement targeting to improve democracy in the Western Hemisphere and to bring an accelerated growth in regional trade and development so that the governments of the region can ensure its citizens better scope for greater prosperity. (Common Goals and Challenges in Brazil-US’s Agenda) The prospects for conducting business in Brazil are tremendous in view of its 150 million possible consumers, a hugely diversified economy and a gross domestic product worth of US$447 billion. However, till the nation attains improved market and economic reforms, majority of the opportunities for US companies are prone to hover around particular sectors and projects. (Jennings, 14) The closed markets and heavy government interventions marked the economic development of Brazil during the last thirty years. During the 1960s and 1970s, such policies of import substitution and huge levels of international debt generated accelerated growth and industrialization however, giving rise to long term problems like long term economic difficulties, inclusive of high inflation, foreign debt difficulties and non-competitive industries. During the year 1990 the Government of Brazil initiated remarkable market liberalization measures including reduction of trade and investment barriers, declining import duties over 100% to a high of 35% inclusive of an average of 14%. Market liberalization also incorporated several tax and regulatory variations that have been of advantage to the foreign investors. The reduction of taxes on profit remittances and simplification of procedures and withdrawal of some of the disincentives to reinvest the profits have provided increasing scope for business activities in Brazil. As a result, the trend of the reaction of US companies was seen to be remarkable. (Jennings, 14) US companies exported goods of worth $6 billion enabling Brazil to be among the top 20 export markets of the world. The United States tends to maintain the position of being the single country supplier to Brazil constituting about one-third of the total of the Brazilian imports. The telecommunication and informatics market of Brazil extends fabulous prospective for US business, for the equipment manufacturers as well as for the service providers. The Telecommunication sector provides a market worth of $3 billion in Brazil. The US companies have presently extended limited involvement in the telecommunication sector and are exploiting the benefits of extending private networks as well as equipments. The energy sector in Brazil also entails good prospects for US technology as well as equipment. The current agreements and subsequent legislations at higher government levels and the private sectors assures for future prospects. The US equipment manufacturers are encouraged to actually take benefit of the opportunities that already prevail and are prone to expand with regard to the internal demand that promotes the expansion of this sector. (Jennings, 15) The Indian markets along with its over one billion population, provides profitable as well as diverse opportunities for US exporters with the right kind of products, services as well as commitment. Such opportunities are accelerated with the depreciation of dollar in the recent years in relation to its competitive currencies. The infrastructure, high-tech, energy, health care, environmental, transportation as well as defense sector are prone to surpass the tens of billions of dollars mark in the mid-term as the Indian economy tend to globalize as well as emerge stronger. In the year 2005, the total bilateral trade was $26. 77 billion. The US exports to India in 2005 was enhanced to $7. 96 billion, which was a 30. 3 percent growth in comparison to the previous year. (India – Market of the month) The potentiality of India for US companies is promising since India is the second largest small car market of the world; India is one among the three countries that manufactures its own supercomputers; India is the one among the six nations that is able to launch its own satellites and; India is having the second biggest group of software developers immediately after the US. The Indo-US relation is presently growing through a remarkable transition. The two nations which were having a gap between them in political and economic terms during the latter part of the 20th century, presently consider their national goals converging on several areas. (India – Market of the month) Indian tariffs have been decreased considerably since the early part of the 1990s. Irrespective of the fact that the tariff and poor infrastructure entails remarkable challenges for foreign investment and development, the infrastructure needs in India also entail trade and investment facilities for US companies. The best prospects for US firms and US exports on the basis of estimated Indian imports from the US has been earmarked to be â€Å"Airport & Ground Handling, Computer and Peripherals, Education Services, Electrical Power Generation, Transmission & Distribution Equipment, Food Processing & Cold Storage Equipment, Oil & Gas Field Machinery, Pollution Control Equipment, Safety and security equipment, Telecommunication equipment, Textile Machinery, water etc†. (India – Market of the month) Condoleezza Rice, Secretary of State for United States and Celso Amorim, Brazilian Foreign Minister in their meeting on 26th April, 2005 in Brazil had a discussion in relation to the common agenda of the two nations as well as that of the unique challenges which were confronting the entire hemisphere. (Common Goals and Challenges in Brazil-US’s Agenda) Brazil as well as Argentina poses certain particular business challenges to be confronted by the US firms. For example, legal provisions with regard to importing technology materials require payment of duties, tariffs and a value added tax — VAT which is as much as 22 percent of the total cost in Brazil. The business is even more complex in Brazil due to the variation of importation laws from one province to another. The fluctuating currency exchange rates as well as local economic issues pose grave challenges for conducting business. (Business Spotlight: Arrow South America) Franklin L. Lavin, Under Secretary of Commerce for International Trade, American Chamber of Commerce, New Delhi on May 1st, 2006 remarked that the Indo-US relationship have improved on many fields and have great prospects in the sphere of trade. However, US face remarkable challenges as well. Irrespective of the fact that India has exhibited good trade statistics and the progress in the sphere of economic reforms and are opening markets during the last one and half decade there still need to be improvement in several spheres in order to reflect India’s important part in the world economy. The economic philosophies of Fabian socialism as well as third world nationalism are holding India hostage for many years. As a result of this it has been pointed out that even with 30 percent growth in US exports to India during the last year, India could constitute only 1 percent of all exports of US. The economic reforms in India is in relation to world reforms as a result of this the momentum of India is not impressive in the context of the competition for global attention. (Remarks by Franklin L. Lavin Under Secretary of Commerce for International Trade, American Chamber of Commerce, New Delhi) The annual US exports of $8 billion dollar is what the US ships to Canada within two weeks. In terms of the US foreign direct investment in India the cumulative figure is only $6. 2 billion at the end of 2004, US being the largest investor while the US FDI in Singapore remains amounts to be $56. 9 billion. Irrespective of the fact that tariff for non-agricultural products have significantly reduced, it still remains at 40% in case of agricultural products. The vibrant IPR regime is considered critical to the enhancement of a creative, technologically advanced economy. Irrespective of the fact that India has opened up a silver of its retail sector to foreign investment, presently, the sector is still considered to be closed to most of the American retailers. US companies required to obviate the aggressive competition exerted by the companies from Europe, Canada, Korea and Japan by knowing how to adapt their products as well as facilitate their activities in order to take advantage of the huge potential in India. (Remarks by Franklin L. Lavin Under Secretary of Commerce for International Trade, American Chamber of Commerce, New Delhi) The trading companies are generally prone to four types of risk such as strategic risk, operational risks, internal financial risks and compliance risks. (Sadgrove, 83) The trading risks in Brazil are considered substantially greater in comparison to the developed nations. The political risks like dismissal or appointment of a key government minister can exert influence on the value of the share of the company to have fluctuations. The purchase of shares of Brazilian companies is subject to increasing risks of fluctuations in the exchange rates that may exert considerable losses. Exchange rates also have a tremendous impact on the profitability. Inflationary trends also influence much on the profitability by making the services of the company more expensive. (Sands, 27) For US Government, for over several years Brazil has been a bastion of anti communism while the other states of South America seem to be leaning towards communistic. Moreover, the US companies in Brazil never desire to take the risk by means of their operations being disrupted by that of the shipping turmoil. (Fitzgerald, 20) The US companies engaged in outsourcing of their software development to India are prone to be hurt by the industrial espionage and poor intellectual property safeguards. However, India is seen to have a far outstanding cultural and legal climate for IP protection than many other nations offering offshore coding. (Pedraja; Toman, 164) References Business Spotlight: Arrow South America. Retrieved from http://www. arrow. com/media_center/news/BusinessSpotlightArrowSouthAmerica. htm Accessed 11 December, 2006 Common Goals and Challenges in Brazil-US’s Agenda. 27 April, 2005. Retrieved from http://www. brazzilmag. com/content/view/2207/ Accessed 10 December, 2006 Fitzgerald, Michael. Intellectual property protection. CIO Magazine. 15 November, 2003. pp: 18-21 India – Market of the month. US Commercial Service India. Retrieved from http://www. buyusa. gov/india/en/motm. html? print=1 Accessed 10 December, 2006 Jennings, Horace. Brazil: slowly emerging giant offers enormous potential. Business America. March, 1994. Vol: 115; No: 3; pp: 14-16. Pedraja, Rene de La; Toman, Rene De La Pedraja. Latin American Merchant Shipping in the Age of Global Competition. Greenwood Press. 1999. Remarks by Franklin L. Lavin Under Secretary of Commerce for International Trade, American Chamber of Commerce, New Delhi. 1 May, 2006. Retrieved from http://www. ita. doc. gov/press/speeches/lavin_050106. asp Accessed 11 December, 2006 Sadgrove, Kit. The Complete Guide to Business Risk Management. Gower Publishing, Ltd. 2005. Sands, Gary. The Risks and Rewards of Investing in Brazil. Brazzil Magazine. 23 March, 2005. pp: 27-30

Comment closely on the following poem Essay

The Self-Unseeing portrays Hardy reminiscing over his childhood life with his parents. In the first stanza, the setting – their old house – is described in a way that conveys a sense of age and weariness, through such words and phrases as ‘ancient’ (emphasizing the age), ‘footworn and hollowed and thin’ (alluding to the emptiness which has overtaken it through the passage of time after it has been abandoned), ‘former’ (revealing the extent of change in the house, eg. by the door no longer being there), and ‘dead feet’ (those of his parents). At this point in the poem Hardy speaks in the present tense from the outside of the house, in order to convey its emptiness to the reader. The second stanza ignores these aspects of the house, instead focusing on his memories of his parents, which contrast with the first stanza by filling the house with life and action. A happier mood is created here, through a sense of warmth created by the fire, and his mother’s smile, which, along with his father’s playing the violin (‘bowing it higher and higher’), shows the happiness he felt while living with his parents. The musical effect of the violin is also complemented by that of the smooth-flowing ‘abab‘ rhyme scheme. The present tense verbs ‘smiling’ and ‘bowing’ imply that these memories were vivid, as if by introducing the setting to the reader he is reliving them. Hardy’s reference to his parents using the pronouns ‘she’ and ‘he’ rather than their actual names transforms the personal tragedy of the death of his parents to a universal one to which the reader can more easily relate. However, this tragedy is buried beneath the warm, welcoming mood established by the aforementioned use of language in this stanza. Hardy illuminates these memories in the final stanza with light imagery – ‘blessings’ (which tend to be associated with heaven and therefore light), ‘day’, ‘glowed’, ‘gleam’, which underscore the joyful feelings previously evoked. This use of light imagery serves as a metaphor to reveal how Hardy, ‘childlike’, ‘danced in a dream’, and overall, the diction shows that his memories had a dazzling and pensive quality. However, it can be seen from the concluding line, ‘Yet we were looking away! ’, that he feels remorseful for not fully appreciating what he had at the time. It is this line which gives meaning to the poem’s title – he (the ‘self’) was ‘unseeing’ and could not see the true value of his life with his parents. This makes the light imagery all the more powerful, as Hardy uses it to show that he is now able to see what he was unable to in his childhood. His newfound appreciation for his memories is also evident in the first stanza, where ‘here is’ and ‘here was’ sorrowfully reveal the setting of which he is about to reminisce. Overall, Hardy’s memories are presented in this poem with both regret and happiness. The phrase ‘hollowed and thin’ in the first stanza, in light of this regret, describes the likely state of his soul following the loss of his parents. The regret is subtle at first, but becomes much more apparent after reading the last line; it is as if Hardy uses this line to allow the reader to look back (as he had looked back on his past) and be filled with regret through this reflection. The past-tense verbs ‘walked’, ‘sat’, and ‘stood’, which are simply describing what once was, become tinged with regret (as if mourning) upon a second glance. In contrast, the passive verbs ‘danced’, ‘emblazoned’, and ‘glowed’ preserve their cheerful connotations, which suggest that to Hardy, reminiscence is a bittersweet experience. This idea is supported by the structure of the poem: three quatrains with ‘abab’ rhyme schemes; although the rhyme scheme establishes a sense of reminiscence, there are emotions both positive and negative associated with it. The simple pattern of it also mirrors the simplicity and naivety of childhood. The structure, rhythm, and diction of the poem thus convey a powerful message – that pleasant experiences will eventually become memories, carrying both the happiness of their past occurrence and the regret and sadness of knowing that their time is past.