The "driving forces" that are fueling growth in the PHS industry are not unique, but they have been focused on an "innovation process [that] often leads to changes in market structure composed by varied players, and the appearance of novel services in the market" (Gao & Damsgaard 2007, p. 185). Not all industries have shared the positive experiences of the mobile telephone industry in China, though, and a number of obstacles and challenges remain firmly in place that tend to hamper innovative practices in China, and these issues are discussed further below.
Obstacles and Challenges to Innovative Practices
Obstacles and challenges to innovative practices can adversely affect an enterprise's two fundamental innovative activities, (a) product innovation and (b) process innovation (Lin & Lin 2010). Typically, higher product quality is related to higher production costs, while process innovation attempts to minimize such production costs (Lin & Lin 2010). In either case…… [Read More]
It is recommended that the company uses its financial power for hiring additional personnel and for expanding its range of products and services.
Section 1 - ecommendations
The first recommendation refers to the company's human resources approach. The company only has 2 employees, which are also the two partners owning the company. In order to expand the company's activity, it is recommended that the company employs additional personnel. Without increasing the number of employees, it is very hard to believe that the company's growth objectives will be achieved. Once a business is expanding, the necessary of human resources increases as well.
The second recommendation refers to the company' advertising methods. Currently, the company uses word of mouth as main advertising method. This is a very effective tool in terms of cost and results when it is used by a small business. But if the company is planning on…… [Read More]
Today, most business enterprises function in an integrated way. Decisions, for example, are based not only on what is best for the bottom line, but also how the bottom line interacts with other elements of the business. Other elements include issues such as accounting and ethics. Many and varied integrations need to be made to ensure that business decisions are as sound as possible not only for the profitability of a business such as odolfo, but also for how such a business interacts with is environment in terms of both human and non-human elements. In this way, odolfo needs to take into account the general ethics of its operations and its interaction with the environment to ensure optimal operations and as much longevity as possible. Hence, odolfo needs to consider its budget, performance reports, ethics, and accounting information when creating its decision-making processes for future excellence.
The first…… [Read More]
Benefits Values Cloud Computing Business Enterprises." You reputable research papers, articles journals alongside ACM Communications Journal Professor Dr. ajkumar Buyya's articles, research papers journal materials found (Prof Buyya) -line home page "www.
The benefits and values of cloud computing to business enterprises
Introduction to the literature review section
The scope of the current chapter is that of assessing the values and benefits of cloud computing to enterprises. The literature review section is constructed through the gradual and sustained consultation of various specialized sources in the available literature. The sources to be used at this stage are all reputable, coming from all articles, journals and books, each of these sources revealing their own advantages and disadvantages.
The books and textbooks for instance possess the advantage of discussing a topic in increased detail, but the shortage of possibly being outdated. This limitation is relative and this relativity is due to the nature…… [Read More]
Hope is ingrained in the incompletion of men from which they are in motion persistently seeking - seek that continues to be in conjunction with others. Desperation is considered to be a kind of silence, of renouncing the world and escaping it. The true dialogue do not seem to prevail unless the dialoguers involve in critical ideology - the ideology that discriminates an integrated harmony between the world and the people and asserts of absence of any division between them - the ideology that perceives reality as process, as transformation, rather than as a static entity- the ideology that never thinks of separating it from the activities rather persistently involved itself in the temporality without fear of the risk involved. In absence of the interactions there exists no contract and without contract there can be no real progress within the organization. Leaders do not approach the people so as to…… [Read More]
Business report compares the two Australian service providers where by various aspects are critically looked at in respect to the design elements of a retail store environment. The elements are categorized into exterior facilities, general interior, store layout, interior displays and the social dimensions. Each of these design elements are categorically looked into differently taking into account the services being offered by the two chosen service providers namely Fadez Barbershop and Gloria Jean's Coffees.
The two chosen service providers are unique in their own way having been selected from different industries. Various design elements in comparison with the ussell's Model of affect are discussed and how they relate in different ways. ussell's model of affect talks about the various arousal levels that the consumers achieve when in contact with the mentioned design elements of a retail store environment, the interpretations and the impact they have that affects the buying decisions…… [Read More]
According to the company, the concept of kyosei. extends to all of its business enterprises, including research and development, product manufacturing, marketing, sales, and product distribution.
Specifically, Canon strives to conserve energy, resources, and the minimization of potentially dangerous chemicals and industrial by-products. In principle, Canon hopes to preserve the environment and the earth's physical resources through implementing industrial conservation efforts and practices, recycling programs and policies, educational programs, and social initiatives consistent with the overall goal of "... building a better world for future generations" (Canon U.S.A., Inc., 2008).
The entire Canon corporate philosophy is expressed in eight fundamental tenants of corporate social responsibility: To continuously improve environmental assurance and performance throughout corporate operations at every level;
To comply fully with all applicable environmental laws and regulations and additional mandates of its corporate stakeholders;
To aggressively pursue pollution-prevention and minimization strategies and apply those equally to energy and other…… [Read More]
While some entrepreneurs have a valid reason and perhaps valid opportunities to expand their businesses, such a move could have its own unique pitfalls if not well executed. Some of the things to watch out for when expanding a business entity include, but they are not limited to, the most appropriate business form to embrace, the best financing avenues to explore, and the most workable long-term strategy to implement.
There are a number of steps that Kelly should take to prioritize her business growth strategy. One of these, according to Liabotis (2007) is implementing a valid customer growth strategy. Some of the customer growth strategies that Liabotis mentions include, core business driven growth, the sub-segmentation of customers, and further exploitation of adjacent opportunities. Kelly also ought to enhance her market knowledge. This she could do by sourcing for insight from both existing and target clients and familiarizing herself…… [Read More]
The analysis of the scenario involves copying by hand devoid of utilizing excel formulae. The terminology 'What if ' scenarios mainly refer to the underlying base case of the numerical figures in the tables of the financial planning business model. It is significant to undertake checking of the entire changed cells that have altered back to their corresponding original numerical values prior to processing to a new 'What if '.
In order to aid Kitchenware Product in visualizing the underlying table that pertains to figures within the scenario 3,an individual require to draw a graph utilizing Excel's chart depicting the prevailing comparison of the corresponding profits for the diverse sales volumes taking note of the profit peak within year 3 (ARLOW, 2005, pp23-56). In the underlying report that pertains to every scenario's of net profit after tax is adequate. Nevertheless, in case there is complete spreadsheet details are demanded for…… [Read More]
Business environment is mainly characterized by various human economic activities including the production, sale, and purchase of goods and services that are carried out with the main objective of earning profits. Generally, the business environment can be described as a set of conditions that facilitate and promote the human economic activities. This environment is basically comprised of the internal business environment and the external business environment. The internal business environment includes the factors that are within the control of business while the external business environment refers to factors that are beyond the control of the business enterprise. One of the most common aspects of the business environment and human economic activities is the economy, which is generally influenced by various factors.
ole of Business in the Economy:
Business is defined as the management and coordination of individuals and resources in order to achieve specific production objectives, with the main goal…… [Read More]
Constructive attitudes towards work, leisure, time and change, set apart organizational models of attainment and enthusiasm, individualism as well as realization of self, and being humanistic as well as helpful that result in constructive culture that urges communications with individuals and strategies to assignments which will allow the employees to fulfill satisfaction needs of a higher plane and would bring about changes. (Aarons; Sawitzky, 2006)
As opposed to this, defensive attitudes to work, leisure and time are typified by looking for support and unanimity, being traditional and compliant, and being reliable and submissive that result in defensive culture. Defensive cultures support or completely need communication with individuals in manners that will not endanger individual safety and will not lead to changes. (Aarons; Sawitzky, 2006) Further, family, social mobility and religion are especially more vibrant that show conventional model of ancestry following and notions of family structure, as also modifications ushered…… [Read More]
It is hard to argue with the legitimacy of that consideration.
Employees have a reasonable expectation of privacy in the workplace, but that right has limits. Employers are not prevented from conducting some hidden surveillance in an employee's office as long as it is for legitimate business concerns. An employer may have sound reasons for monitoring the workplace and an intrusion upon the employee's reasonable privacy expectations may not be actionable under certain circumstances.
The impact of this case is simply that while employees do have a right of privacy at work from the outside world, they don't necessarily have that right from their employers. Employers have the right to defend and maintain their business enterprise and if that entails using hidden cameras or surveillance equipment, then the Court has said that they can do this. The sticking point is that it has to be done if a reasonable manner…… [Read More]
This is because it can provide and de-provide its resources dynamically, lead to a reduction of the unused capacity as well as maximize the available resources for improved efficiency.
Efficient: The SaaS EP system makes businesses to benefit from the shared hardware, familiar technologies as well as automated processes. This means that that system is able to effectively increase its peak-load capacity, provide access to organizational resources from almost everywhere via PC or any other internet enabled-devices. The system also leads to a reduction in the energy usage as well as the level of physical footprint.
Flexible: The SaaS EP system can adapt to the changing business needs.This means that it can easily adapt to the ever dynamic nature of a distributed workforce.
Secure: The system is also secure due to the multi-level data security system which it employs
The business would therefore need to engage on a total overhaul…… [Read More]
Uses of visualization in business analytics include market segmentation analysis and factor analysis to define new audience segments based on psychographics. Visualization is often also used for pricing analysis to determine how elasticity can vary by product and area being sold into.
6. What are the steps involved in effective decision making and how can business intelligence assist in helping executive and managers make better strategic and operational decisions?
Effective decision making inherently must take into account many factors that range from the highly quantifiable to the qualitative if risk is to be minimized and the best possible alternative chosen. BI-based applications, tools and technologies have been designed specifically with these needs in mind of business decision makers. The steps involved in effective decision making include problem rationalization or the defining of the problem parameters, the definition of boundary conditions of the decision, selection of the alternative, execution of the…… [Read More]
Social media forces those who use traditional marketing and advertising to re-evaluate their business models and techniques.
Despite such rave reviews regarding the use of social networking as a marketing platform, many companies have not readjusted their strategies to incorporate such elements into their execution of marketing techniques. his means missed opportunities and cost savings. Even worse, many SMEs are continuing to spend too much money on the execution of traditional advertising, which is essentially limiting their ability to compete with larger businesses. his creates a situation where marketentry barriers are high, as are the potential failure rates for many new start-ups and small businesses around the country.
Viral marketing affects customers' brand consciousness, information purchase behavior, purchase actions, postpurchase conversations, and assessments (Mangold & Faulds, 2009; Palka, Pousttchi, & Wiedemann, 2009). he use of social media is not devoid of issues, not least of which is that it allows…… [Read More]
business in japan.
Doing Business in Japan
In today's increasing era of globalization, more and more foreign companies and individuals are discovering the wonderful, profitable, and sometimes, challenging world of doing business in Japan. However, although many have been lured by the boom time of the recent past, leaner times require a thorough knowledge of the business and cultural environment. The simple fact is, those who understand the milieu of Japanese life will in general do much better than those who do not.
Of course, one of the first steps in considering doing business in Japan involves understanding the infrastructure of the country. Although Japan is widely touted as a technological wonderland (to some degree, rightly so), there remain significant public sector improvements to be made -- along with the accompanying investments. Unfortunately, Japans infrastructure has not kept base with its rate of economic growth (ITC). This is…… [Read More]
Business management is defined as a social process that incorporates planning and controlling the operations of a business enterprise towards the achievement of specified goals and objectives. The process of business management is multi-faceted because of the various sectors, activities, and operative functions. In addition to planning and controlling operations towards realizing certain objectives, business management also entails motivating employees and solving problems creatively. Given the multi-faceted nature of business management, there are five functions of management. These functions are planning, staffing, organizing, controlling, and directing or coordinating. These functions play an important process in business management through separating processes from other business functions (oberts, n.d.). The fundamental functions of management are separate from business processes like finance, information technology management, marketing, and accounting.
Each of the essential functions of management is important for effective business management for various reasons. Planning is important because it entails coordinating the organization's management…… [Read More]
The success of any business enterprise depends on a multitude of crucial factors, one of them being the ability of its administrators to communicate in a clear and effective manner. The quality of business communications therefore, having a direct impact on the economic act, is hereby studied at four specific levels, as follows:
Interpersonal business communication
Conflict management, and last
Inter-cultural business communication
Interpersonal business communication
Melinda Knight starts her 2005 article at the premise that efficient business communications at the managerial level are quintessential for the overall success of the enterprise. Yet, despite this generally accepted notion, the managers have little actual training of interpersonal communications during their formation in universities or other non- U.S. MBA programs. While some programs have some unaligned courses of interpersonal communications in the business settings, other programs do not include the subject in their curricula at all. Knight asserts the…… [Read More]
Enterprise isk Management
The difference between enterprise risk management and traditional risk management
Traditional risk management focuses on pure risks. In this context, pure risks are defined as risks involving losses or no losses. The condition of a pure risk does not allow for a favorable outcome than the current situation. Owning a home is a typical example of a pure risk. The home might be hit by an earthquake, burn down or be infected by insects. If none of these happens, then the owner will not be in a position for losses (Damodaran, 2008).
Traditional risk management focuses on pure risks because of various reasons. People who worked in the insurance field developed and taught the concept of risk management. The focus tends to be on risks, which insurers could be willing write. The job duties of some risk managers are limited to purchasing insurance as many other options…… [Read More]
Additionally, businesses must anticipate seasonal shifts in demand when allocating and anticipating costs. A toy company cannot assume that the revenue it enjoys after a Christmas marketing a 'hot toy' will be sustained all year 'round.
In terms of taking a long-term view, a business should treat its employees in an ethical fashion. If employees are treated in a respectful manner, they are likely to perform better and show more loyalty to the organization. Additionally, if a company is found to be exploiting its employees, as was the case of Nike and the 'sweatshop'-type conditions of its offshore operations, this negative publicity can deter individuals from buying from the company. Employee costs in the long and short-term, in terms of compensating employees for overtime and giving them reasonable benefits, must also be included in the business plan. Also, the possibility of stock options, should the company incorporate, is another issue…… [Read More]
One tactic which has made the John Doe group unique in the industry is its recognition of the importance of community in the viability of individual enterprises. Its damaged relationship with the communities in which it has sought to operate can be rectified by aspects of its model which are already in place. Though the company operates thousands of funeral service establishments from a centralized point of authority, its acquisition strategy incorporates the families who have owned and operated the newly purchased assets into the business plan. As a result, John Doe's holdings are hybrid entities, armed with the resources of a large parent company but endowed with the close community relationship of an independent business. Taking advantage of this model should be central to the company's overall reversal of its negative public image. This will demand that the new core of central leadership make an effort to increase…… [Read More]
How forces in and outside of business firms are changing the management task, altering business operations, and modifying stakeholder expectations?
Business, particularly those heavily emphasizing technology, are constantly changing. In many instances these changes are occurring due to a combination of internal and external factors. These factors often modify stakeholder expectation because the fundamental business itself has shifted. A very dynamic force that is changing the management task is that of globalization. Globalization is particularly contentious because it has no geographic limits. Competition can now come from anywhere at anytime. As such, management must be cognizant of the changing dynamics prevailing in their respective industries. The auto industry, for example, has directly felt the impact on globalization and stakeholder expectations. The auto industry prior to foreign competition was characterized by large fixed asset costs, hefty legacy and pension obligations, and slow innovation. However, through globalization the Japanese's were able…… [Read More]
The hybrid nature of cloud computing in general and SaaS specifically will continue as enterprises question if they are really getting the value out of the systems they are relying on.
Bala, ., & Carr, S. (2010). Usage-based pricing of software services under competition. Journal of evenue and Pricing Management, 9(3), 204-216.
Beimborn, D., Miletzki, T., & Wenzel, S. (2011). Platform as a service (PaaS). Business & Information Systems Engineering, (6), 1.
Benlian, a., & Hess, T. (2011). Opportunities and risks of software-as-a-service: Findings from a survey of it executives. Decision Support Systems, 52(1), 232.
Cusumano, M. (2010). Technology strategy and management cloud computing and SaaS as new computing platforms. Association for Computing Machinery.Communications of the ACM, 53(4), 27.
Doelitzscher, F., Sulistio, a., eich, C., Kuijs, H., & Wolf, D. (2011). Private cloud for collaboration and e-learning services: From IaaS to SaaS. Computing.Archives for Informatics and Numerical Computation, 91(1),…… [Read More]
Enterprise vs. Departmental CM
Comparing Departmental and Enterprise Information Systems
Customer elationship Management (CM) Teams in Cincom Systems
It is paradoxical that the majority of enterprise software companies today have highly fragmented Information Systems (IS) departments with one entire series of departments dedicated to enterprise computing and a second, to specific departments or divisions. As enterprise software systems, specifically in the areas of enterprise CM are organized to ensure a very high level of data fidelity across departments, there is a conflicting set of priorities for ensuring real-time response to prospective customer requests (Power, 2009). Not only are the differences in enterprise-wide information systems significant in terms of the real-time vs. batch-oriented nature of their information needs, they also vary significantly in terms of the analytics used to evaluate their performance (Power, 2009). At Cincom Systems, these conflicts are accentuated by the speed of new product introductions in their five…… [Read More]
Enterprise systems development strategy BITISH AMEICAN TOBACCO
British American Tobacco (BAT) is a leading tobacco company globally producing 200 brands of cigarettes. The company global drive brands are Dunhill, Pall Mall, Kent, and Lucky Strike, and these brands provide 35% of the company revenue. Other international brands manufactured by the company are Benson & Hedges, othmans, Viceroy, Vogue, Kool, Gold leaf, John player, Express 555 etc. British American Tobacco operates under tobacco industry and is the second largest tobacco company in the world with market capitalization of $98.07 billion. The overall market capitalization of tobacco industry is $356 billion and within the global tobacco industry, British American enjoys 27.55% of the market share. However, Philip Morris International Inc. is an industry leader with the market capitalization reaching approximately $151.2 billion.
British American Tobacco operates in 180 markets with more than 708 billion cigarettes sold annually. The vision of the company…… [Read More]
Enterprise Integration Act of 2002 and SCM
How will setting supply chain standards improve supply chain management?
The Enterprise Integration Act of 2002 was initiated by the National Institute of Standards and Technology (NIST) with the goal of helping companies coordinate supply chain information exchange and improve efficiencies (Thibodeau, 2002). The need for standardization stemmed from soaring costs and lengthy design and transaction timelines -- just a few of several challenges revealed in a1999 study conducted by the NIST. The study estimated that the auto industry alone would see $1 billion in annual supply chain savings with improved enterprise integration (Yimin et al., 2011). Enterprise integration refers to seamless electronic integration along a vertical supply chain (Thibodeau, 2002).
Manufacturers in today's marketplace require flexibility, adequate time to respond to shifts in customer preference, and efficiency (Jett, 2008). Today, more customized and specialized products are necessary to meet fluctuating consumer demands.…… [Read More]
Businesses are the cornerstone of a capitalistic society. Businesses often drive economic growth and overall societal prosperity. In many instances, business can enhance the overall quality of life of those living in civilization. Looking back briefly at history, provides a unique perspective of business as it relates to societal development. Currently, looking at a minimum wage individual living in America today, they are able to perform tasks and activities that many of the wealthiest individuals in society during 1900 could only dream of. The minimum wage individual can watch television, listen to music on a cell phone, use the internet and even control the weather within their vehicle. This has occurred primarily due to the profit incentive embedded in a capitalistic society. The same will occur with Alex, Bill, Carl, Devon, and Xavier as there farm business developments. These same principles are present for all Christians who want their business…… [Read More]
Business Financial Plan for Sweet Tooth Treats
Baking has always been a major part of my family life, and for generations there has been infamous cookie recipes past down from one cook to the next. Every holiday season, my cookies are notorious for being the best any gift receivers have ever had. Finally, I believe it is time to make my baking hobby and actual money making enterprise. I know I have the recipe, the potential customers, and options for both retail space and an online presence. The only thing missing is the initial push to make this hobby an actual business -- Sweet Tooth Treats.
Business Start Up Plan
The essentially product here is the various cookies, of different flavors and ingredients. I have several recipes for cookies, both permanent and seasonal variations. These products will be sold in both individual sales at a retail location,…… [Read More]
Business Manager 0668
Tools for customers
E-commerce payment solutions
Search Engine Optimization
Strategies for improvement
Search Engine Optimization and webpage rankings
Global business diversity
Customer elationship Management
Website integration of tools
Discuss how you will facilitate customer payment using e-commerce solutions (e.g., how the transaction will take place, including the tools customers will use).
The customer transactions and payments are one of the important elements of e-commerce strategy. The businesses are required to offer a secure and trust worthy system for their client to manage the financial transactions. There are different transactions handling methods used by the e-commerce-based organizations. These payment methods should be aligned with the overall business transaction handling process as well as appropriate selection of tools and e-payment solutions.
The transactions of products produced under the label of Sunny Day salon are mainly related…… [Read More]
It is as such necessary to assess it in light of the negative consequences it might generate, the resources available to the company so that it reduces the threat of the problem and finally, the criteria which need to be satisfied in order to state that the problem has been resolved (Principia Cybernetica Web).
a) Problem components: different views manifested primarily in cultural barriers (such as language barriers); lack of experience in the field of delivery services; the role of women in the workplace is still decreased and it has only improved recently as a result of the epidemics and the necessity for more labor force; gender discrimination could raise problems and it must be limited, if not at all eliminated. Bribery is also a growing problem in the region and the efforts of the delivery subsidiary could be easily compromised -- these problem components also represent the reasons as…… [Read More]
There has been little in the way of fiscal policy, and the result has been entirely predictable. ith no particular influx of spending into the economy, the recovery has generally been quite weak. ith no fiscal policy tools on the horizon, it is therefore unlikely that any improvement to the recovery will take place.
International business is also an option for a company to improve its situation. If a company wants to sell, for example, running shoes, it has a number of options for this. The company could make the shoes in one country and sell them around the world. The company could also make the shoes in a number of different countries for local sale. It is recommended that the country should take advantage of economies of scale and produce in one country. Then, the company should sell the shoes all over the world. It can use local help…… [Read More]
The company shall have sales section, which shall be in charge of reaching market already created by the marketing team. We shall employ gorilla tactics whereby sales people are send to the client premises to discuss and delivery the service or make a deal.
The Biz online shall also have a group of sales representative based in the office. These sales representatives shall be tasked with outsourcing potential clients' telephone number and calling them. However, we intends to sale most of our services through online. Every client who would like to buy any of our services could simply login on our system and make payment through their Visa cards. Finally, Biz online intends to have a sales desk in the office as its long time objectives, to listen to clients, call clients and solve their query amicable.
Coupon Sale…… [Read More]
This means that you must continually monitor and communicate about possible changes, pertaining to the overall scope of the threat. Once this occurs, is when an entity will have an effective security procedure that will adapt to the various changes that are taking place.
This is significant, because this information can be used to corroborate the overall nature of security threats that could be faced by the SME. Where, this information is useful in helping to identify and address possible operational considerations that must be taken into account. As a result, this will help to provide not only a glimpse of possible security challenges that will be faced, but it will also help to establish an effective IT security protocol.
When you compare this with the previous source, this information can be used to highlight specific security threats that the company we are examining could face. Where, it discusses the…… [Read More]
Business Information Technology
The decisions of how to define enterprise information architectures throughout a global business have immediate effects on the ability of a business model to succeed in scaling across new geographies while continually improving financial performance in existing ones. Just as each business model for any enterprise varies significantly based on the trajectory of growth through the success of new business units to successful mergers and acquisitions, the same holds true for enterprise information architectures as well (yan, Santucci, 1993). The intent of this analysis is to evaluate how an enterprise or business might differ in their views of enterprise information architectures.
Analysis of Enterprise Information Architectures
The variations in enterprise information architectures will be predicated on how a given business model has evolved in response to customer requirements, supply chain costs and constraints, and will over time reflect the decision-making patterns of senior management. All of these…… [Read More]
0 applications. The survey also attempts to define the eturn on Investment from investing in social networking applications, and derives a figure of $1.9M by 2013, corroborating a figure from Forrester esearch.
Completing any research project designed to capture business-to-business (B2B) market data takes an approach to isolating respondents within each organization that have a role in evaluating the technology being studied. The survey methodology concentrates on the role of it staff in evaluating social media applications. It would have been more effective if the researchers had also concentrated on the line-of-business managers and those responsible for the performance of business units who could make use of social networking applications as well. The integration aspects of Enterprise 2.0, as the coordination point for legacy systems, are what the it staff most concentrated on. To make this a more effective study, the unmet needs of the line-of-business users also need…… [Read More]
Enterprise Car ental
What practices at Enterprise ent-a-Car demonstrate that they value their employees?
The founder of the company, Jack Taylor started out with the simple yet powerful motto "take care of your customers and your employees first and growth and profits will follow." (EAC, 2012) The company when started in 1957 was predicted to be a failure because leasing cars did not exist then as a business. The CEO then took the initiative in leasing cars, which has become common now. In the decades that followed cars began to be rented even on a day-to-day basis and today the CEO and president is Pam Nicholson who is a person not from the Taylor family. She has been declared one of the most powerful women in the world by Forbes. While the motto of the founder is carefully nurtured even today, additionally the company provides an inclusive workplace and better…… [Read More]
This allows for greater levels of planning and cooperation, and fills in the information gap that currently exists between the factory floor and the rest of the supply chain.
Lexmark provides an example of waste. Recently, the company found itself with more than $1 million in scrap from one lot. Engineers had insufficient information to isolate and fix the problem, so were instead relegated to crisis control. With more accurate data from each step of the operation, the engineers could have been more involved in the process and made improvements along the way before it became a large-scale crisis.
Through web-based business applications, engineers can now examine a defective printer cartridge and then use a thin client to put a hold on the entire batch if necessary, regardless of its physical location (anywhere in the world)
In conclusion, it is apparent that e-business is making its mark on the business…… [Read More]
Enterprise-Level Business System
For this startup company to make maximum use of informational technology, it must create a website that is not used merely for informational purposes, but is designed to handle customer inquiries as well as vendor proposals. Currently this spin-off startup company is not using its informational technology to full capacity. Although each operating group has its own database, enterprise infrastructure has not kept pace with internal needs nor with the overall supply chain expansion.
Additional personnel cannot be added meet the growing demand for the specialty, although the company's board of directors realizes it must better use information technology to handle the company's further expansion and to reduce growing human resource needs. Executive management has developed the following business goals to provide direction for the company and to be the focus for all IT initiatives, including creating at least one new international target market must be established…… [Read More]
Enterprise-Level Business Systems: Assessment
One of the most criticized aspects of modern business life has been the role of the chief executive. In the public's mind, the CEO is often an over-paid, over-privileged individual, feted with perks rather than required to perform to his or her maximum capacity as an employee. The watchword of corruption and ethics has caused the media and investors to view this individual in the corporate hierarchy with suspicion. In contrast, the CIO, or chief information officer often has the opposite problem -- he, or, increasingly she is viewed as someone of a specialty occupation, rather than a critical part of the developing business management infrastructure. (Surmacz, 2004)
The CIO has often viewed as a technocrat, rather than someone whom can contribute holistically to the overreaching vision of the business. This is not simply the company's fault, however. ather, too many CIOs often judge implementations "by…… [Read More]
Inventory Management Strategy. In his book, Streetwise Project Management, Dobson (2003) advocates the use of a just-in-time inventory management strategy to keep inventories low and manufacturing process more productive. This approach, though, will require close coordination with a Brazilian supplier, warehousing operations, planners and forecasters, and transportation directors throughout the inventory management process. In this regard, Epps (1995) advises, that such an approach requires the efficient transportation of materials from outside vendors directly to the work-in-process area, where the required value added processes of the manufacturing operations take place, which is followed by the shipping of the finished products to the customer within a reasonable timeframe. This inventory management strategy can save manufacturers the costs of inspection, stocking, material handling, inventory tracking, carrying the inventory, and the dangers that are typically related to damage to parts and their tendency to become obsolete over time (Epps).
The just-in-time inventory management strategy…… [Read More]
The third category is the small business, who in many cases cannot afford a single chair from Herman Miller due to the high price relative to incomes of these smaller companies. The famous Aeron chair for example, a favorite for large-scale enterprises is often too expensive for the small business owner. Instead of this high-end chair, small business owners look at the stand, off-the-shelf chairs for their offices.
Capturing a Business-Based Segment Through Consumer Marketing
In devising a strategy to capture one of these segments, the low-end of the market is the most accessible for a consumer-based chair company. Targeting the lack of customization for office furniture the marketer could concentrate on a build-to-order manufacturing strategy to gave small business owners flexibility in defining the exact type of chair they wanted (Sharma, LaPlaca, 2005). In addition many small businesses are actually in peoples' homes, so creating a build-to-order strategy at…… [Read More]
Earlier, shares touched 79 cents" (Hovnanian sales hit 6-month high, 2009, Asbury Park Press). But Hovnanian has bent over backwards to offer low-cost housing to consumers, and this has paid off. Its free-fall seems to have bottomed out. The cancellation rate for current projects was 31% compared with 38% in the first fiscal quarter of 2008 and 42% in the fourth quarter of fiscal 2008. New sales rose 8.1% in February Hovnanian sales hit 6-month high, 2009, the Asbury Park Press). Sales are coming at the expense of profit margins, however -- the company is selling homes as low as possible, simply to generate demand and spread the name of the company. It hopes sales will disseminate positive buzz for the company that will pay off when the economy improves. Regardless, Hovnanian has at least mastered one KSF for the new market place. hile K.B. Homes still only stress their…… [Read More]
S corporations must be domestic in nature, issue only one kind of stock, and have less than a hundred shareholders: given that Frank only has aspirations to have a U.S.-based business, this entity type would seem ideal, although he might need some legal help to file as an S Corporation.
Professional practice: An LLC, or limited liability corporation, is the most popular type of entity structure for professional groups such as doctor's offices, accountants, and other small enterprises. As owners, Akiva and Tara would not be personally liable for the debts of the LLC, although constructing the entity is more complicated, legally, than a joint proprietorship. Given the insurance risks of running a birth clinic and the dangers of litigation, anything but an LLC would be unwise. Additionally, in some states, owners are "protected from personally liability from certain acts or misconduct of other partners, employees, agents, or their representatives"…… [Read More]
In this case the affair did not have any apparent effect on the business. In fact during the time of the nearly two-year affair profits actually rose. However the whistle blower believed that the affair was morally wrong, particularly because the boss was married with children.
The whistleblower believed that ultimately the affair would be detrimental to the business so he blew the whistle. He believed that the affair was an indication that the boss was a poor decision maker and that this poor decision making would ultimately cause the business some harm. Some people believed that he was not obligated to tell of the affair. However, others argued that it would be just a matter of time before the decisions that he made in his private life would affect the manner in which the business was run. In this instance the idea of preventing harm encompassed a broad scope.…… [Read More]
As obesity became a hot top, outcry from parents, educators and government institutions began to criticize these arrangements. Coca-Cola has also been rebuked for its Harry Potter promotional advertising campaign, the costliest movie tie-in ever, that promotes children's literacy while simultaneously pushing Coke sales (aue, 2002).
In 2003, the Centre for Science and Environment (CSE) said soft drinks sold by Coca-Cola and PepsiCo in India contained high levels of pesticides such as DDT and malathion (Coke, Pepsi India deny pesticides in soft drinks).
The independent environmental group said it had found no pesticides in tests of Coke and Pepsi soft drink brands sold in the United States and attributed India's high pesticide residues to the soft drink and bottled water industry's use of an enormous amount of ground water as the basic raw material. For their part, Coca-Cola and PepsiCo denied the reports and resisted efforts government efforts to display…… [Read More]
Where pricing integration typically fails however are in the handling of exceptions. Columbus (2003) makes the point that the use of automated approaches to managing special pricing requests can be one of the highest OI activities of any company. The focus for LOM then is in turning the one-off loan request specifically including a differing rate or structure into a competitive advantage by quickly being able to fulfill it. The use of automated special pricing requests applications and techniques as defined by Columbus (2003) are strong competitive tools that could be used as part of FlashQuote and BFOT overall.
FlashQuote Use Case Analysis
Identifier: FlashQuote Use Case Analysis
Name: BFOT System component that includes quoting, pricing, loan interest rates and the ability to electronically upload the loan, once approved, to the LOS.
Purpose: To more accurately and completely capture the quotes given to prospects over the telephone, the Web, and…… [Read More]
As it is currently presented, I would probably not invest in this particular company. I would, however, invest in this company under a number of circumstances. The first requirement that I would consider would be the management of the firm and how much the two principals are investing of their own capital. The problem that I have is that while the idea being presented is an intriguing one; as a venture capitalist I would likely look at the initial investment as being rather modest -- based upon the projected size of the market -- but to assuage my fears somewhat on a project of this type, I would like additional information on the strengths and weaknesses of the management personnel.
Additionally, I would be most interested in determining who the other managers are going to be and their expertise as well. There are plenty of gaps in the…… [Read More]
In addition, we might ask ourselves if the richer nations have or not a greater responsibility as far as the research and development in the area of sustainable energy are concerned. (Reid, environmentalleader.com)
elieving that there are such energy sources or consumption policies which would allow the planet's resources to be maintained for a longer period, while making sure that all the nations are provided with a comfortable living is rather naive. Under these circumstances, it has been argued that doing the moral thing means choosing the least terrible solution. The problem is that this implies a relativistic evaluation of the matter which impacts the manner in which the moral principles are conceived.
efore stepping into a debate regarding the character of the moral principles, we may state that we agree with the opinions which state that there is no such thing as objective moral principles."Ethics can be seen as…… [Read More]
The existence and specialization of these three competitors materializes in the need for Creativity Sure to excel in the offering of the three types of products and services offered by challengers Karina Advertising, Falling Agency and Dorna PLC.
4.2 PEST Analysis
Political forces: The development of a full legislation within the advertising field has yet to become a complete process. ecent efforts have however limited the operations of advertising campaigns in the meaning of having eliminated all features that are not compatible with the product or which promise unrealistic outcomes, such as the tremendous loss of weight. Other issues regulated by the new laws refer to truth-in-advertising, product labeling requirements, online advertising and marketing, the advertising of specific products, telemarketing and direct marketing, and finally, regulations relative to environmental marketing (The Official Business Link to the U.S. Government, 2009). The new Obama administration has yet to take a new stand…… [Read More]
For a product configuration system to be effective it must be able to submit orders directly into production while at the same time being able to determine what the Available-To-Promise (ATP) ship dates are (Mendelson, Parlakturk, 2008). Instead of just giving the standard four to six weeks I'd also integrate the product configuration systems to supply chain systems to ensure that accurate Available-To-Promise (ATP) dates (Gunasekaran, Ngai, 2009). I'd use this as a competitive differentiator to ensure that customers could be very well informed as to when their sofa or furniture was going to arrive. All of these systems would also be integrated to an analytics system so it would be possible to know what the status of orders and shipments were on a continual basis.
Gunasekaran, A., & Ngai, E.. (2009). Modeling and analysis of build-to-order supply chains. European Journal of Operational esearch, 195(2), 319.
Johansson, Johny K.,…… [Read More]
A company cannot refuse to hire someone with sickle cell anemia (a disease that primarily affects persons of African ancestry), because the person might require costly health insurance, for so long as the person was strong enough to perform the job, discrimination would not be acceptable as it would affect persons disproportionately of one racial category.
Explain trade secret and how it could be protected legally and in day-to-day operations. Provide an example.
According to Nolo.com, an online legal dictionary, a trade secret is:
in] most states, a formula, pattern, physical device, idea, process, compilation of information or other information that 1) provides a business with a competitive advantage, and 2) is treated in a way that can reasonably be expected to prevent the public or competitors from learning about it, absent improper acquisition or theft" ("trade secret, 2007, Nolo.com). Perhaps the most famous trade secret in business is…… [Read More]
Another factor that must be taken into consideration is represented by the business etiquette in China. Business etiquette in this country is significantly different than that of Western countries, but it is similar to other Asian countries. The analysis of business etiquette is based on the cultural dimensions that characterize the Chinese population. Same as in the case of other Asian cultures, China has a high long-term orientation, which means that the country's population has a strong attitude on persevering. Also, there is a high level of power and wealth inequality within the society. The Chinese culture is a collectivist one, and businessmen should refer to this fact in their meetings with Chinese partners (International Business Center, 2008).
The differences between the business etiquette in China and those in other countries refer to aspects like the appearance and clothing style, the behavior at meeting, offering and receiving gifts, and communications.…… [Read More]
Thus, the authors do not advocate an ethical free for all, for they acknowledge certain ethical broaches can result in corporate legal costs, thus resulting in executives violating the ethics of their profession -- but this is a more important ethical standard than either laws or social responsibility, stress the authors.
The authors also acknowledge that in the current environment, government regulations must be obeyed by businesses, else they face the costs of litigation. But Macham and Chester also question whether this is a good, namely if too many regulations exist and ultimately hamper corporate profits. In fact, they believe that in the ideal business environment, other than protecting property, the government should not regulate business at all, and rather internal ethical systems should govern the organization, ideally in a Friedman-like utilitarian fashion, taking into consideration the fate of stakeholders only so much as need be, for the organization to…… [Read More]
In the long run, Machan & Chesher's argument makes sense -- care for the health and safety of company employees and see the company grow more profitable! Care for one's own health and one will be a better employee! However, management does not always take the long-term vision that, 'if I allow my employee to take a day off for the flu, he or she will be more productive upon his or her return, and not infect other employees.' Employees may be told to come in to the office when they are sick or else they will be fired. Thus, they risk their own health or the health of others, to make a quick return on the corporation's investment in an employee. Also, an adolescent or even a twenty-year-old on his or her first job may have a sense of invincibility, and do imprudent things, like speed to deliver pizzas,…… [Read More]
Branson cites his early management decisions at Virgin ecords as prime examples of this people-oriented approach:
At Virgin records we attracted some of the best artists because they liked the way we ran it. We never lost a major artist in 20 years which is quite rare in the record industry. We dressed as we felt comfortable. We worked in pleasant buildings rather than office blocks and people working there had fun, enjoyed the job, enjoyed challenging, taking on the major record companies. (Glancey & McQuaid, 2000, p. 94)
If Virgin ecords was going to about catering to the musical tastes of a new generation, then the company that supplied those wants was going to have to be a company that operated in accord with the views and aspirations of that new generation. Traditional business attire and the smug accoutrements of the typical corporate headquarters would be dispensed with in…… [Read More]
Both are equally important. For the first, we will have company specialists describing the software development tools we used, as well as the mechanisms that are included in the development of a new module or product within the suite.
On the other hand, presenting and implementing the organizational culture of the company is equally important. Besides promoting this in day-to-day operational activities, we will also have, from time to time, people from the company upper management visiting Bucharest and presenting the mechanisms and values that the company uses.
The labor market for software developers in Romania is one where the competition is quite challenging, especially since it comes both from internal and external forces. Internally, we are dealing with small to medium software developing companies, generally operating for larger companies abroad or working with a bigger international client. These are generally companies that have 30-50 employees and who…… [Read More]
In need of research on a variety of items I approached the internet in search of what was needed. The information I was in need of included data concerning; 1) financial needs, 2) regulatory issues, 3) SBA information, 4) offices supplies and equipment, 5) print costs for literature, and 6) current tour offerings.
I discovered that the financial needs for my travel agency would be relative minimal based on the fact that (initially) the company only needed to support one employee (me). A small office space could be rented on a month to month basis for approximately $300 and the office would be supplied with a desk, a cabinet, chair, lamp and desk phone. The office is in a shared space building, which also provides a shared receptionist. A shared receptionist answers the phones for all the offices in order to make it seem as if smaller companies…… [Read More]
Logistics and supply chain management is what Wal-Mart has as a core strength, and have consistently found new processes to accelerate inventory turns, reduce waste of time and money in the process (Dobbs, 2007). This efficiency of the Wal-Mart supply chains and its ability to move millions of products into the hands of consumers weekly is what gives the company exceptional power over supplier relationships as well (Hansen, 2009).
The unique strategies that Wal-Mart relies on for retailing emanate from their expertise in logistics and supply chain management, and the ability to manage pricing exceptionally well as a competitive strength (Appelbaum, Lichtenstein, 2006). The approach to retailing at Wal-Mart is more comparable to the end-point of a supply chain where the distribution center is actually the retail store. This is precisely the model that Wal-Mart relies on to gain process and cost efficiencies from its support and retail staff.…… [Read More]
Used car sales
Increasing trend of car sharing
Weakened U.S. tourism industry ("Enterprise")
The sale of used cars by other organizations is a significant threat to Enterprise. Many of the world's largest car manufacturers, like Daimler Chrysler, General Motors, and Ford, are offering large incentives and low interest financing through their dealers on new vehicle purchases. For this reason, it makes owning a new vehicle more affordable for more consumers and conversely weakens used car pricing industry wide. This could be devastating for Enterprise with their traditional procedure of acquiring new vehicles and then disposing of them through their used car outlets. To date, Enterprise has enjoyed higher resale values on their vehicles, when compared to standard residual value, due to their consistent level of maintenance service. However, in recent years this margin between the vehicle sale price and the residual value has narrowed considerably, especially as used…… [Read More]
Some manufacturers have sought to improve their profitability by becoming more horizontally integrated in their supply chain management operations, but it does not appear feasible for the company to acquire the vendors that supply its component parts so viable alternatives must be identified that can facilitate the supply chain management process vertically. As Choy, Lee and Lo (2003) point out, "Very few manufactures now own all the activities along the chain but integrate the supply network from various supplier networks and the ability to make fast and accurate decision often constitute a competitive advantage compared with the competitors or other networks" (87). It is clear that the company could benefit from an information technology solution to its current paper-driven approach to managing its supply chain operations. In this regard, Choy and his associates also note that, "The rapid advance in information technology is now deployed not only to improve existing…… [Read More]