Essay on Ecommer Revolution

Essay on Ecommer Revolution Essay on Ecommer Revolution 4) Describe at least twelve major intermediate objectives the company set. Try to include objectives for most business functions, including marketing, human resources, finance, and operations. 1) Grab a chunk of the ecommerce revolution Obstacles: They needed to build their brand and market them self to the global market. 2) Buyer, seller, and banking relations during the transaction Obstacles: Smooth buyer, seller, and delivery process. Also they had to find a way to coordinate global banking between institutions. How other companies overcame this: Other companies do this by creating a notification system for both the buyer and supplier. An example of this is Amazon. When a person posts an item and a buyer is found a notification is sent to the supplier. The supplier than can cancel the order, purchase shipping or print a label on their own. Before, any money is exchanged shipping must be confirmed by the supplier and additional information must be given about the shipping. The site also allows for communication between the buyer and seller through a generic automated email system provided by Amazon so not personal information is given out. 3) Help develop and promote e-commerce payments platform Obstacles: Find banking institutions to work with them. Make global banking easier so there is not a delay between the buy and seller, especially in the Chinese market. 4) Move beyond fee-free service while retaining membership Obstacles: find a suitable price range to keep members. Offering enough so the customer is getting more than what they pay for. 5) Personnel retention Obstacles: Employees leaving to find better work. Becoming a short-term employment opportunity. How other companies overcame this: I know that companies like Dow Chemical and Dow Corning offer their employees lucrative stock options within the company. They also offer their employees great benefit packages. Also companies like Dow and most places of employment offer to pay for school but you have to sign a contract to work for the company longer. 6) Marketing push in China Obstacles: Branding themselves in the vast Chinese market. Setting themselves apart from the competitors that are already in the market. How other companies overcame this: Other companies do this by doing an extensive ad campaign before any product is sold in the market they want to join. They also become familiar with the business laws, practices and customs of the area. An example of this Sonic, the fast food company started to air television ads before they actually opened a restaurant in this area. This got people to start to talk about and look for the restaurant in the area. Also companies sign famous people to the market to promote their brand. More specifically companies such as Nike use famous people in the market to help them promote their brand, For example Yao Ming. 7) Generating more income Obstacles: Pricing of services and membership and finding additional financial backers to help them develop and expand their company. 8) Give a platform for SME to promote themselves broadly Obstacles:, SME’s generally cannot compete with the bigger companies How other companies overcame this: Other companies do this by offering advertisement space or web space for other companies to post information and products. They also allow for a â€Å"let a friend know feature† so someone can share the business to another person. A company like Facebook offers advertisement space for companies to post their information. It also allows for companies to construct a web page so other people can view it or find a link that takes them directly to their official site. It also allows for a person to see

The History and Origin of Aerosol Spray Cans

The History and Origin of Aerosol Spray Cans An  aerosol  is a  colloid  of fine  solid  particles or  liquid  droplets, in the air or another  gas.  Aerosols can be natural or artificial.  Frederick G. Donnan  presumably first used the term  aerosol  during  World War I  to describe an aero-solution, clouds of microscopic particles in the air. Origins The concept of an aerosol originated as early as 1790 when self-pressurized carbonated beverages were introduced in France. In 1837, a man called Perpigna invented a soda siphon incorporating a valve. Metal spray cans were being tested as early as 1862. They were constructed from heavy steel and were too bulky to be commercially successful. In 1899, inventors Helbling and Pertsch patented aerosols pressurized using methyl and ethyl chloride as propellants. Erik Rotheim On November 23, 1927, Norwegian engineer Erik Rotheim (also spelled Eric Rotheim) patented the first aerosol can and valve that could hold and dispense products and propellant systems. This was the forerunner of the modern aerosol can and valve. In 1998, the Norwegian post office issued a stamp celebrating the Norwegian invention of the spray can. Lyle Goodhue and William Sullivan During World War II, the U.S. government funded research into a portable way for servicemen to spray malaria-carrying bugs. Department of Agriculture researchers, Lyle Goodhue and William Sullivan, developed a small aerosol can be pressurized by a liquefied gas (a fluorocarbon) in 1943. It was their design that made products like hair spray possible, along with the work of another inventor Robert Abplanalp. Robert Abplanalp - Valve Crimp In 1949, 27-year-old Robert H. Abplanalp’s invention of a crimp on valve enabled liquids to be sprayed from a can under the pressure of an inert gas. Spray cans, mainly containing insecticides, were available to the public in 1947 as a result of their use by U.S. soldiers for preventing insect-borne diseases. Abplanalp’s invention made of lightweight aluminum made the cans a cheap and practical way to dispense liquids foams, powders, and creams. In 1953, Robert Abplanalp patented his crimp-on valve for dispensing gases under pressure. His Precision Valve Corporation was soon earning over $100 million manufacturing one billion aerosol cans annually in the United States and one-half billion in 10 other countries. In the mid-1970s, concern over the use of fluorocarbons adversely affecting the ozone layer drove Abplanalp back into the lab for a solution. Substituting water-soluble hydrocarbons for the damaging fluorocarbons created an environmentally friendly aerosol can that did not harm the environment. This put the manufacture of the aerosol spray can products into high gear. Robert Abplanalp invented both the first clog-free valve for spray cans and the Aquasol or pump spray, which used water-soluble hydrocarbons as the propellant source. Spray Paint in a Can In 1949, canned spray paint was invented by Edward Seymour, the first paint color was aluminum. Edward Seymours wife Bonnie suggested the use of an aerosol can be filled with paint. Edward Seymour founded Seymour of Sycamore, Inc. of Chicago, USA, to manufacture his spray paints.

English High School Essay Example | Topics and Well Written Essays - 500 words

English High School - Essay Example Blanche is a character possessing relatively low self-esteem. Her driving force - desire - makes her constantly suffer inside. That's why Blanche has the habit of always bathing as if it were a cleansing ritual. But the feeling of refreshment and renewed strength is not long lasting: the past does not wash away so easily and brings her to the terrible climax. Blanche feels desperately lonely and hopes to meet someone to save her from falling into depression. She focuses on this so much that she falls in the end. Art, as a symbolic expression, often reflects intra-physic conflicts within the artist, and many of Tennessee Williams' plays contain themes of desperate loneliness, human disconnectedness, and victimization between the powerful and the weak. Human psychology in A Streetcar Named Desire is not represented as a guiltless thing; on the contrary, it is more so being represented as an instrument that aids people in committing terrifying deeds. The psychology of humans is being described by Blanche's weak psychological state. Blanche has the psychology of a deprived woman; she wants to be loved, but can never reach it. Stanley's active hatred towards Blanche is obvious throughout the play, especially during his birthday gift to her, his damage of her relationship with Mitch, and his raping her.

Advanced Investment and Theory Essay Example | Topics and Well Written Essays - 2000 words - 1

Advanced Investment and Theory - Essay Example He identified that past, present and discounted future events can be found from market price but they show no significant relation with respect to price changes. According to him if the market cannot predict its fluctuations then it does assess them as being more or less likely and this likelihood can be found out mathematically. During the first half of the twentieth century there have been many emerging theories on speculative markets. But earlier literature did not sit easily with beliefs of practitioners. According to Bachelier the commodity prices vary randomly. Later Jones, Cowles (1937) and Working (1934) showed that the US stock prices also shared similar characteristics. But these studies did not surfaced out until the late 1950s. Many studies were done regarding the difficulty in beating the equity market. Cowles (1933) concluded that there was no evidence of any ability to outperform the market. He later provided evidence on large number of sample stock for longer time per iod and came out with similar results. Kendall (1953) performed an experiment on 22 UK stock and commodity price series. He found that in a series of prices that were studied at fairly close intervals the random changes from one price to another was so large that it ruled out any systematic effect. Basically the data behaved like a wandering series. This observation was inconsistent with the views of economist and it came to be known as random walk theory or random walk model. This led to a major challenge for the market analyst who tried to predict future path of security prices. Osborne (1959) studied US stock prices and found that common stock prices have characteristics similar to movement of molecules. Despite such evidence of randomness there were few instances of anomalous behaviour, certain price series appeared to follow predictable paths. This comprised of a

Management Accounting Assesssment Coursework Example | Topics and Well Written Essays - 2000 words

Management Accounting Assesssment - Coursework Example On the basis of such information, management formulates the future strategy to be followed to retain its competitiveness in the industry. In the contemporary environment, organisations are paying special attention to two main factors. The first one is associated with incorporation of continuous improvement in the operations of the organisation and the second one is monitoring the cost with help of an advanced and flexible accounting system. In this given project, both these factors will be discussed, drawing examples from Corus. At the beginning, a brief introduction about Corus will be given and later on issues associated with continues improvement and flexible costing system will be discussed. Finally, a conclusion will be drawn to summarise the information gathered in the project. About Corus Corus is the second largest steel producer in Europe with its main operations in UK and Netherlands. It is a subsidiary of Tata Steel, one among the world’s top ten steel manufacturers . ... The company pays special attention towards the changing needs of its international customer base. Tata is an Indian conglomerate that operates in chemical, telecommunication, consumers goods, automotive and leisure industry. The Corus exclusively consumes 6.5 million tonnes of iron ore and 2 million tonnes of coal each year to produce 4.3 million tonnes of steels. Its principle production site is at Scunthorpe that alone employees 5,500 people who work in 2,000 acres of area. The steel produced by Corus is used for production of rail, steel products, steel rods and steel plates. The production units of Corus are highly conscious about sustainable development; hence the company is making investments to minimise emission of carbon and other greenhouse gases. With time, demand for steel in developing nations like China and India will grow further. On the other hand, international organisations are constantly increasing pressure on the steel producers to minimise the negative impact on t he environment. Therefore, while formulating the future strategy for the Corus, its management is likely to pay special attention to these vital issues. Benefit of continuous improvement in Corus What is Continuous Improvement- The term ‘continuous improvement’ is derived from the Japanese word â€Å"Kaizen† which means making changes that bring about betterment in the overall processes in an organisation. This comprises of IT, engineering, financial, commercial, customer services and manufacturing related processes. It essentially involves making small changes in the process instead of making big changes intermittently. This calls for a close supervision of the overall business processes and exercising a tight control. Parties

The Expansion Of London Heathrow Airport

The Expansion Of London Heathrow Airport Introduction The Labour Party and many business leaders have been arguing for expanding airport capacity in the South East and the quickest option is to expand Heathrow by adding a third runway. They are arguing the expansion would maintain Heathrows competitiveness, create quality jobs, boost businesses and help the UKs shaky economy. However, the green groups and local residents are concerned and arguing that expanding Heathrow airport is unnecessary and would increase noise and air pollution significantly. The conservative and Liberal Democrats were arguing against expansion. In 2010 the Conservative Party formed the Government with Liberals and according to their manifesto pledge the plan was cancelled. The Conservative leadership now believes the expansion is necessary and good for UKs economy, but there are concerns and opposition within the party against expansion (Pettinger, 2012). [4] Due to opposition to expansion in the Conservative Party and its manifesto pledge in 2010 general electi on, the Prime Minister has postponed Heathrow expansion decision until 2015 (Out-Law.com, 2012). [6] Background In 2003 the Department for Transport published its White Paper The Future of Air Transport in the United Kingdom. The White Paper stated for an urgent need of additional runway capacity and plans to be completed within 12 years in order to deal with future air travel demand. Socio-economic consequences of building additional airport capacity and the question of potential benefits and the need for Heathrow expansion caused concern for Greater London Authority. Greater London Authority undertook a brief review regarding White paper arrangements, especially the potential benefits of Heathrow airport expansion (GLA, 2006, p. ii). [1] Issues Expanding Heathrow will cause destruction of a community to make way for a third runway. If the plan goes ahead the entire village of Sipson could disappear of the map, according to the consultation document no more than seven hundred houses would need to be demolished in order to make way for the third runway. Campaigners say around four thousand households could lose their house and forcing ten thousand people to find new places to live (Beattie, 2007). [2] Environmental campaigners are concerned that the additional flights will increase CO2 emissions thus it would contribute to the global warming. They argue that the CO2 emissions will outweigh the economic benefits of the expansion, so the expansion could seriously weaken the UKs role to play its part in tacking climate change (Greenpeace, 2013). [3] (Millward, 2012) [13] Aims and Objectives Due to Heathrow Airports congestion issues (operating at 99% capacity) and the rise of international competitors like Paris, Frankfurt and China, the third runway is considered a solution to the capacity issues and also boosts UKs economy by making direct connections to countries around the world like Chile, Philippines and Peru (Valentine, 2012). [5] At the moment Heathrow Airport faces a considerable number of flight delays which is considered one of the worst in Europe due to operating at almost full capacity, which means that delayed flights affect other flights, and that means that there is no space to avoid that unless a new runway is made. Economically, the owners of Heathrow Airport claim that the lack of capacity is costing the economy 14 billion pounds every year (Sky News, 2012). [14] Stakeholders At the moment there are great numbers of entities that are interested in building the third runway and there are also entities that are concerned about it. These entities are the stakeholders of this project and primarily they are the following: BAA Government Airlines Environmental Associations Passengers Local Community Local Government Airport suppliers Organizations in the Region Parking Operators Since there is much at stake with the expansion project, these stakeholders are divided in way that some are very interested in the project like the BAA and the Airlines that are aiming to make money with this and against this project we have got stakeholders like the Environmental Associations and the Local Community because they claim that the runway will cause environmental issues and also there are people that will lose their place to live (Schaar et al., 2013 p. 109). [16] Decision Makers This is a large infrastructure project and it is difficult for a Government to decide and deliver. Any Government after 2015 general election first and for most will need to bring all the parties together and make a decision about airport capacity and to look at the issue carefully and bring about the changes, which will address Heathrows capacity problem that will have in future and UKs hub status. Now the decision making process lies with an independent inquiry into the UKs airport capacity and it will be carried out by a commission, chaired by former head of the Financial Services Authority Sir Howard Davies. The commission will look at all the evidence and publish an interim report this year that will include recommendations to the Government. The final report and the decision on action are expected after the next general election (Out-Law.com, 2012). [7] Case Justification Expansion of Heathrow Airport has become an important issue that both government and local people have an idea and overview about it. Labour Government thinks that third runway will cause a growth in UKs economy. If the capacity of the Heathrow airport stays the same, it will cause a decrease in tourism and competitiveness. Also building a new airport (Thames Estuary) will take long time which means there will be a lot of time wasted. Most of the local people dont want this expansion as they dont want to move away from their houses. Local people are also concerned from noise and pollution. Also Environmental campaigners think that third runway will increase co2 emissions and they say that this is plan will cause global warming. In this case study we will have a look at these advantages and issues, so we can evaluate this plan in detail. By Researching the opinions and we can come to a point that if this expansion needed or not. Expansion of Heathrow is currently a potential problem for the local people so they have already started to protest the plan by putting up posters on to the local shops indicating that they dont want this expansion. This plan is a major topic that being discussed in the area at the moment. So we thought that this case would be an ideal case to study in order to find out the benefits and problems of the expansion of Heathrow Airport. Since this case is quite complex and there are different aspects that may influence the final decision, the most predominant sides of the spectrum are the economical and ethical sides. The key driver of this project is without a doubt economical and we chose to provide economic information to the decision makers (Moore, 2012). [12] Critical Decision Making Information How much Heathrow is losing by not implementing the project? Lack of capacity at Heathrow airport costs the UK economy billions a year in lost trade, published in report commissioned by British Chamber of Commerce. British Chamber of Commerce calls for urgent and clear aviation strategy, which implement measures to keep Heathrow as a global hub. Also reading this information we have established lack of enough capacity at Heathrow would deter business leaders in other emerging economies like Brazil, India and China to do business with countries that have better air connection with their countries rather than the UK (British Chamber of Commerce, 2012). [9] Research shows that business leaders in emerging economies as mentioned above see direct air link as important to maintain the UKs prospect in global market. This information could be accessed in British Chamber of Commerce and readily available by surfing the internet for free and the information could easily be accessed in other forms such as interviews and surveys, which were carried out by World Travel Market (WTM) (Woodman, 2012). [10] There are lots of good and up to date information is available as well as some opposing information, which explains it sufficiently accurate in details that would be beneficial to the decision makers. The information we have been looking at comes from respected organization such as British Chamber of Commerce and has been published in many news sites such as BBC (British Broadcasting Corporation) and other news group, so the reliability of information comes from these organization could be trusted to support decision making. As we have carefully examined all the information we have been reading and also checked the provider of source of information, so we have identified some propaganda in opposing the economic side of expansion that could be dismissed and disregarded as propaganda. We will store this information as data in a secure database and will be displayed as a table in the system to be accessed by all decision makers (Osborn, 2009). [8] How much Heathrow will earn by making the project? There are currently two runways and five terminals operating at the Heathrow Airport. More than 69 million passengers a year visit Heathrow airport. This number will increase around to 82 million passengers a year. Heathrow airport is operating at 99% capacity, which means any unforeseen situation would cause lots of disruptions. As the capacity is stretch to its limit British Astronomical Association (BAA) cant sign new contracts with airlines for more flights. By building the third runway, BAA would sign new contracts with airlines for more flights so BAA will earn more money from landing fees and staying fees (Osborn, 2009). [17] According to British Chambers of Commerce expansion of Heathrow airport will produce  £30bn of economic benefits. The research shows that in order to stay in the completion with global competitors like France and Germany Heathrow Airport should be expanded. This report was published in the media and in many websites like BBC. This shows that we can trust the information on this report, which British Chambers of Commerce published. This information could be accessed in the report that British Chamber of Commerce produced about Heathrow Airport. This is a study funded by Future Heathrow (a lobby group for the third runway). This information is available on internet and can be accessed by any internet user (British Chamber of Commerce, 2012). [18] By expanding Heathrow airport, capacity will increase, more passengers will travel and this will put Heathrow airport ahead from their continental competitors. Increasing flights means more tourists, more landing and more staying fees. More shops will be opened after the expansion of Heathrow airport, which will be located in the new terminal (Terminal 6). This means BAA will earn more money from the rents of the shops. How much will it cost? How Heathrow may have an edge over its competitors? Knowing how the competitors may affect this project is an important factor to consider when making the decision on actually going through with the project or not. The reason for this is that the growth of competitors will definitely hinder the purpose of Heathrow as a hub airport and therefore have a negative impact in the UKs economy. However there may be key aspects of Heathrow Airport that can make it more desirable than its competitors and we can find that out. This information can be found in the International Air Connectivity for Business briefing which includes information on how connected the UK airports to the worlds main business destinations. This briefing is available in the internet and can be accessed by anyone. This briefing includes quality information since it takes data from Heathrows main competitors (Paris, Amsterdam and Frankfurt) and compares the connectivity between them with the rest of the world. The data was obtained during the busiest month of the year in the airports and we can assume that the data provided is quite accurate although it is a bit outdated (2011). Moreover, the briefing is reliable since it was produced by AirportWatch and WWF. In our system, this information can be used to estimate the potential of building the third runway by storing the information in a spread sheet and making a graph containing the possible new connections and contrast those connections with its main competitors. The purpose of doing this is to determine if Heathrow can actually compete with the other airports and to support the decision maker by stating if going through with this project will be worthwhile or not (LeftFutures, 2013). [15] Simulation Modelling We are suggesting Stella model, a decision support tool that would help the decision makers to decide in a complex situation as expansion of Heathrow. By using Stella modelling, a model could be created to visualize by linking components together that represents the related mathematical expressions. Stella provides a practical way to stimulate and dynamically visualize how a complex idea works (iseesystems, 2013). [11] Potential Monetary Loss The time that the third runway planned to be built, will affect the success of this project. Decision makers will have to be sure that its the right time to implement this project. Before implementing the third runway, decision makers have to calculate how much money they are going to lose every year that this project is delayed. Potential money loss due to a delay would be reasons like; lack of capacity for new flights or during the time that this project is delayed, other competitors may make new deals with the airlines, so that this can cause a loss in future flights. A model is needed to show the stats to decision makers and by having a clear knowledge about the potential monetary loss every year, the decision makers can make better decisions. This model will be a graph that will calculate the potential money loss for every year that the third runway will not be implemented. The variable of this model will be the time spent to decide to do this project and the time of the construction process. Capacity over demand The current capacity and the current demand for additional capacity will no doubt affect the mind-set of most decision makers that are involved in the third runway e.g. the more demand there is the more capability there is so handle varying flows of customers. Having said that it is of the utmost importance to fully understand the information that is being handled and the implication of any decision that are given the go ahead. One applicable way to allow for the full comprehension of any information is to model it. There are varying methods of data modelling that are applicable to this situation. With data modelling the user is able to alter variables and can see the effect that these altered variables will have to a given situation. One way in which the variable can be displayed is in a graph, the user will be able to alter the demand to show the effects of increased demand on the airport, also the user will then be able to view the required capacity to allow the airport to run efficiently. Long Term Effect of Heathrows Competitors Predicting how the competitors will grow in the future, it is possible to estimate how much they can influence the success of the third runway. The reason for this is that they will take away potential business opportunities and therefore impact negatively the success of the project. To measure this we decided to build a model to allow the decision makers to see how the competitors may affect this project and it will allow them to calculate how risky this project may be. This model will be a graph that will allow comparison between Heathrow and its competitors. The variables of this model will include the growth in flight connections of each competitor and it will have a negative correlation with Heathrows flight connections. Therefore it will also show the amount of business opportunities the airport will lose. For example, if the decision maker decides to set Frankfurt airports growth high, it will show how much it will impact Heathrow airport.

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Witness, A Classic Novel Witness, a Newbery Medal awarded novel, was one of the many novels created by Karen Hesse, a wonderful author who has taught kids and children about the past, has made a very interesting book about life that exists on a foundation of segregation and hatred. Racism as we all know it is very disturbing, annoying, and is not tolerable. This story is based on life on a foundation of segregation and dangers of racism. This one novel is placed in a small, under-populated city of Vermont, where a family of three, the Sutters, another family of 3, the Hirsch's with a caring person, named Sara Chickering, and some people face many problems and solutions in their lives. As racism continues on to thrive in the town, Esther Hirsh, becomes a young girl who also faces discrimination only because she was a Jewish. In the same school as Esther, was a young African-American girl named Leonora who faces bully about almost every day, and everywhere, just because of her race. Her family is very well in poverty, and her mother is badly sick. She died later that month. In one quote,†Why can’t white folks leave me alone?†(P7), explains how excruciating racism was. As the storyline progresses into the center of the story, Leonora saves Esther from a passenger train, everybody knows it as the â€Å"Heaven Train.† Esther wanted to meet her mother on the train who died when she was just a tiny little young girl, perhaps at the age of four or five. Leonora understood her but she didn’t want her to go because Esther was perhaps her only best friend. Back in the transition from the beginning of the story, Esther also saved Leonora’s life from the chilling winter cold. Sara Chickering, the caretaker of Esther, fina... ... the bridge to convince Johnny to get back down. â€Å"I’m afraid of the Klan,† he said. Then he surprisingly†¦ just jumped. All these scenes were all real, it all happened from 1920-1927. Karen witnessed a lot of horrors, but also some happiness. She did that by just simply writing books, novels and poetry. She mostly writes her novels in poetic form, what everybody does not usually do. This book inspired me and a lot to perhaps write a lot about the past, and admire and appreciate the present and what will happen in the future. It also taught me many lessons about the important things, like the history of the KKK and what they did, also the history of segregation and how this country was broken up into pieces and how they were sawn back together. So this book is a very useful tool in learning and understanding and should be brought down from generation to generation...