Friday, November 29, 2019

Love And Marriage

Researchers agree that marriages have been changing throughout recent decades. For instance, Elliott (2008) notes that people tended to remain in their marriages even though they did not obtain emotional and psychological satisfaction as the marriage was seen as a social institution aimed at addressing social and economic issues.Advertising We will write a custom research paper sample on Love And Marriage specifically for you for only $16.05 $11/page Learn More At present, people seek for emotional and psychological satisfaction and are reluctant to work hard to preserve their marriages. Though, there are people who are satisfied with their relationships. Researchers claim that this satisfaction comes from self-expansion, i.e. people affect each other and share positive experiences (Neff Karney, 2009). Notably, the social expansion theory has gained popularity among researchers. The present research is aimed at discovering the correlation between satisf action with marriage and self-expansion in marriage. The hypothesis can be formulated as follows: there is a strong correlation between the degree of self-expansion and satisfaction with marriage. The quantitative method is employed in the present research. Two couples (an unmarried and a married couple) completed questionnaires. They rated key factors which are important for the happy marriage. They also chose a pattern on the Inclusion of Other in the Self Scale. Finally, they reported on their satisfaction with their marriage. The results of the present research suggest that the hypothesis is confirmed. Thus, the partners in the unmarried couple had similar views on the importance of sharing experiences and understanding. The two partners chose the circle, which shows a considerable degree of self-expansion. The partners also reported that they were satisfied with their relationship even though one of the partners felt their relationship was getting into a rut. When it comes to t he married couple, the partners rated the key factors quite differently though they both mentioned such aspects as trust, responsibility, communication and wealth.Advertising Looking for research paper on psychology? Let's see if we can help you! Get your first paper with 15% OFF Learn More The two partners also noted that their life was getting into a rut. Finally, the degree of their self-expansion is quite low. Remarkably, the partners were not totally satisfied with their marriage (one of the partners was ‘somewhat satisfied’ while the other was ‘somewhat dissatisfied’). Therefore, it is possible to note that there is certain correlation between the degree of satisfaction with marriage and the degree of self-expansion. The partners who reveal considerable degree of self-expansion reported about their satisfaction with their relationship while those reporting about their dissatisfaction show low self-expansion degree. It is necessary to not e that the results of the present research can have a number of implications. In the first place, the results justify accuracy of social expansion theory. The results can be seen as an illustration of the major claim of the theory’s opponents that self-expansion in marriage results in satisfaction and proper relationships. Thus, Parker-Pope (2010) states that ‘happy marriages’ are based on shared values and positive experiences. Tsapelas, Aron and Orbuch (2010, p. 545) also point out that â€Å"enhancing positive† is as important as â€Å"eliminating negatives†. Clearly, there are still gaps in the theory and further research is needed. For example, Brody et al. (2009) highlight certain gaps in the theory. Thus, it is still unclear whether openness is one of the crucial factors affecting people’s relationship. The researchers note that happy marriages are not always characterized by openness though partners report about their satisfaction wit h their marriage (Brody et al., 2009). Therefore, it is important to discover the correlation between openness and marriage satisfaction. On the other hand, the present research also illustrates effectiveness of questionnaires. This method requires less time than other strategies (e.g. interviewing). It also ensures relevance of the data obtained. Clearly, during interviews people may be somewhat constrained and tend to be insincere. When it comes to questionnaires, people are more focused and determined to provide truthful answers due to anonymity. Admittedly, the data obtained only help trace some trends. As has been mentioned above, questionnaires can include a lot of meaningful questions and people spend less time completing them. Nonetheless, such methods as interviews provide researchers with more detailed information.Advertising We will write a custom research paper sample on Love And Marriage specifically for you for only $16.05 $11/page Learn Mor e Interviews can also help reveal some factors that affect people’s decisions. It is also possible to trace people’s reactions while asking questions, which can also be important. When it comes to research on marriage, it can be effective to combine the two methods to obtain more information. It is necessary to note that the present study has a number of limitations. One of the major limitations is certain lack of data. Further research on the matter is necessary. The research should include more participants. The research can be based on questionnaires which should be expanded. It can also be beneficial to hold a number of interviews with several participants. Furthermore, the present research focuses on the degree of satisfaction with relationship, but it does not reveal factors that determine attraction. In other words, it is not clear how people start their relationship, in the first place. At that, it is important to understand how people are attracted to be abl e to analyze their relationship in the future. Sharing similar values is seen as one of the key factors affecting development of relationship though physical attraction is also an important factor. It is accepted that different people are attracted to each other. Brody et al. (2009) note that people tend to strive for new discoveries. Clearly, this is quite difficult when partners are very similar as they know everything about themselves and their partners. This understanding can soon grow in boredom (Tsapelas, Aron Orbuch, 2010). On the other hand, totally different people will not be able to develop proper relationship and have a ‘happy’ marriage. Totally different people are unlikely to share similar values. Self-expansion will require additional effort and partners’ commitment in such relationship. Irrespective of these limitations, the present research provides valuable insights into the nature of marriages. It also helped understand existing gaps in the st udy. Thus, further research may involve analysis of such aspects as factors affecting people’s attraction and socioeconomic factors influencing development of relationship.Advertising Looking for research paper on psychology? Let's see if we can help you! Get your first paper with 15% OFF Learn More Further research will involve more participants and the mixed research method will be employed. Participants will complete more detailed questionnaires and some participants will be interviewed. Clearly, social expansion theory will be the basis of the further research as it has proved to be effective. Participants will contemplate the degree of their self-expansion. All in all, it is possible to note that the present research is the first step which can result in a profound analysis of marriages. Admittedly, it is essential to understand what factors affect people’s relationship to help people have ‘happy’ marriages. This, in its turn, will help the society develop properly as a strong state is built by strong and happy families. Reference List Brody, S., Wright, S.C., Aron, A., McLaughlin-Volpe, T. (2009). Compassionate love for individuals in other social groups. In B. Fehr, S. Sprecher, L.G. Underwood (Eds.), The science of compassionate love: Theory, resea rch, and applications (pp. 201-223). Malden, MA: John Wiley Sons. Elliott, A. (2008). Contemporary social theory: An introduction. New York, NY: Routledge. Neff, L.A., Karney, B.R. (2009). Compassionate love in early marriage. In B. Fehr, S. Sprecher, L.G. Underwood (Eds.), The science of compassionate love: Theory, research, and applications (pp. 201-223). Malden, MA: John Wiley Sons. Parker-Pope, T. (2010, December 31). The happy marriage is the ‘me’ marriage. The New York Times. Retrieved from https://www.nytimes.com/2011/01/02/weekinreview/02parkerpope.html?_r=3 Tsapelas, I., Aron, A., Orbuch, T. (2009). Marital boredom now predicts less satisfaction 9 years later. Psychological Science, 20(5), 543-545. This research paper on Love And Marriage was written and submitted by user Yaretzi Williamson to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Monday, November 25, 2019

How to bond with your employees and boost their productivity

How to bond with your employees and boost their productivity Great bosses build relationships with their employees. You don’t have to be buddy-buddy with everyone in your office, but if you establish a rapport and communicate effectively with the people who work for you, you’ll foster a sense of trust and morale and create a better working environment for all. In fact, in a  recent survey, 60% of 1,000 full-time workers questioned said their relationship with their employer positively impacted their work productivity. Here are a few strategies for how you can create a relationship of trust and respect with your direct reports.Keep your door open.The more you make yourself accessible to your employees, the more comfortable they’ll feel stopping by to discuss things with you, bring up issues that come up during the day, or float great ideas your way. You’ll have a better idea of what’s going on if you’re not cooped up in your office alone. If you’re not sure how to encourage your employees to ra ndomly check in, try getting a candy jar for your desk!Schedule (and don’t ignore) weekly one-on-ones.Structured feedback on a regular basis can be invaluable to both you and your employees. Make time for a face-to-face meeting with each direct report where you can get on the same page about existing projects and listen to concerns (while expressing any of your own), and you’ll start to reap the benefits.Oftentimes, a recurring meeting on the calendar can get pushed aside or even ignored because it seems useless when you see each other all day, every day. Resist the urge to cancel or to let your employee cancel. Even if you just meet for 10 minutes, that quiet, scheduled check-in time is key to learning about your employees and getting a sense of how they’re really doing.Meet outside of the boss/employee context.You shouldn’t pretend to be on the same level as your employees- everyone knows the hierarchy, so you don’t want to seem like you’r e fooling anyone. Still, it’s okay to come down from your upper rung every now and then and let everyone in the workplace have an equal voice in the organization. Maybe schedule a brainstorming meeting where you, too, are responsible for coming up with ideas, or a weekly roundtable with the team where you all talk about the best thing that happened during the work week.Get together outside of the office.A few team-building activities outside of the office can go a very long way to helping you get to know your employees as actual people, not just in the context of their roles at work. Try a team lunch or a group volunteer project, and solicit ideas from the group. But please don’t make people give up their weekends- schedule this non-work outing a few times a year during working hours.Offer regular encouragement.Take an interest in the career development and job satisfaction of each direct report. When someone is doing a good job, take the time to let them know- a littl e positive reinforcement goes a long way. Send a quick email of praise when a particular project goes well. Send an annual (or monthly!) email reminding them of how much you appreciate their work. Make it clear to higher-ups when someone goes above and beyond. When your employees know you notice the little things, they’ll want to be on the ball every day.Don’t fake it.Above all else, you can’t fake it. Valuing your employees and making them a priority takes real effort and investment. If you halfheartedly make attempts to reach out every so often, everyone will know you don’t really mean it. But putting in the effort is worth it- the stronger, healthier relationships you’ll build will make everyone happier and more productive.

Thursday, November 21, 2019

The middle east - a hotbed of conflict Essay Example | Topics and Well Written Essays - 2000 words

The middle east - a hotbed of conflict - Essay Example Speaking from a truly global standpoint, Middle East has proven to be a linchpin as far as having a clear cut understanding of the Arab nations is concerned. This is because the entire Arab region is linked with severe problems left, right and center. These problems have taken place due to lack of cultural adherences, an improper infrastructure within the different nations that exist within the Middle East region, and an overall mistrust in each other’s issues and undertakings. It would be appropriate to state that the Middle East has become a hotbed for conflict to arise sooner rather than later. The same happens on a very proactive basis whenever the world’s stock prices fluctuate and whenever there are financial issues arising in the wake of the economic aspects taking place. The Middle East has been a conflict hotbed because the people, who matter the most, i.e. the governmental top heads and the like, have paid less heed towards the domains of their own people. All they have focused on is to exponentially increase their respective capitals and to double their relevant investment regimes . They have not emphasized on how bad the economic domains of their countries are or how they are coping up with the other countries within the region. A lack of a coherent strategy within the entire Middle East lays the basis for serious conflict to arise, and this is a very grave anomaly indeed.

Wednesday, November 20, 2019

Beta thalassaemia major Essay Example | Topics and Well Written Essays - 1500 words

Beta thalassaemia major - Essay Example This classification is based on the type of globin chain (alpha or beta) which is affected. This clearly indicates that hemoglobin structure is central to the pathology of thalassaemia. Beta thalassaemia or Cooley's anemia as it is called refers to decreased beta chain production and hence deficits in hemoglobin due to defects in the gene forming the chain Hemoglobin (Hb) is protein responsible for oxygen carrying in the body. It is made of four peptide chains, two alpha or a chains and two beta or b chains. Hemoglobin synthesis is controlled by genes which are switched on and off at different phases in the human life (beginning at the embryonic stage). Gamma genes regulate formation of fetal hemoglobin, which is switched to beta genes postnatally. It is about the 9th gestational week that the transcription switch from g chain to b chain production starts. Normally fetal hemoglobin synthesis declines gradually during this time but continues until 9 months of age. It is at about the 9th month after birth that the switch is completed.(Sarnaik 2005). This beta gene therein controls beta chain production in adults. In patients suffering from beta thalassaemia, there is a switch from a normal gamma-globin gene, in the fetus to an abnormal beta-globin gene, in the adult. (Blau 1994). ... tations have been described so far) Beta-thalassaemia major is hence a result of transmission of the mutated form of beta-globin gene from both parents, to the offspring. This results in inheritance of both defected form of the gene and has severe clinical manifestations for the patient. Clinical features and abnormalities As has been described above, beta thalassemia major refers to a decreased production of beta globin chains which are required for formation of normal haemoglobin in the blood. This results in decreased levels of normal haemoglobin(A) in the body. Interestingly there are evidences of increased levels of fetal (F) and abnormal haemoglobin (A2). Recent studies established that this abnormal increase in other Hb forms was due to production of excess of alpha chains, some of which are consequently utilized to synthesize hemoglobins which do not require beta chains, such as hemoglobin F (a2 g2) or hemoglobin A2 (a2 d2) and hence the elevated levels of such hemoglobins! (Perrimond 2001). Clinically this is very relevant as it leads to excessively reduced RBC life, this is primarily due to precipitation of free alpha chains on the RBCs. Other clinical features are is extremely severe hypochromic anemia as a result of ineffective erythropoesis. There is also significant decrease in hemoglobin content per cell and microcytosis. In order to compensate for this the body attempts to increase the red cellproduction. This results in increase marrow cavities and 'extramedullary erythropoeisis' in the liver and spleen. The consequences of such endeavours may result in hepatosplenomegaly, bone defects and much discomfort (pain) in patients. In children, there is high incidence of growth deficit, cardiac problems and jaundice (due to excessive break down of red

Monday, November 18, 2019

Intellectual Property of Islamic civilization in Andalusia Essay

Intellectual Property of Islamic civilization in Andalusia - Essay Example Cordoba attracted Intellectual giants like Ibn Rushd (Averroes), Ibn Sina (Avicenna), Ibn Zuhr (Avenzoar), Al-Khwarizmi (Algorizm) and Al-Razi (Razes) to name a few, were all Muslims educated in Al-Andalus. In the 700 years that they have been in Europe, the Muslims of Al-Andalus produced a great civilisation that was far ahead and more advance than the rest of Europe at that time. Many tribes, religions and races coexisted in al-Andalus, each contributing to the intellectual prosperity of Andalusia. Literacy in Islamic Iberia was far more widespread than any other country of the West. Today also, unlike other muslim inhabitants of elsewhere , the southern Spain which was known as Muslim Spain is far ahead and distinct in education and thinking. The properity and peace of Andalusi is marked by intellectual advancement specially in field of education and translation works.In the 10th century, the city of Cordoba had 700 mosques, 60,000 palaces, and 70 libraries, the largest of which had up to 600,000 books. In comparison, the largest library in Christian Europe at the time had no more than 400 manuscripts, while the University of Paris library still had only 2,000 books later in the 14th century. In addition, as many as 60,000 treatises, poems, polemics and compilations were published each year in Al-Andalus. In comparison, modern Spain published 46,330 books per year as of 1996. The historian Said Al-Andalusi wrote that Caliph Abd-ar-Rahman III had collected libraries of books and granted patronage to scholars of medicine and "ancient sciences". Later, al-Mustansir (Al-Hakam II) went yet further, building a university and libraries in Cà ³rdoba. Cà ³rdoba became one of the worlds leading centres of medicine and philosophi cal debate. â€Å"The subjects covered by the texts included medicine, astrology, astronomy pharmacology, psychology, physiology, zoology, biology, botany, mineralogy, optics, chemistry, physics, mathematics, algebra, geometry, trigonometry,

Saturday, November 16, 2019

Launch Of Green Tea In UAE: Marketing Plan

Launch Of Green Tea In UAE: Marketing Plan A marketing plan provides a sound framework for developing the marketing strategy for a product. It has a list of action items like sales objective, budget requirement, resource requirement etc. It is a very important part of the overall business plan. In the first submission, we had already talked at length about the cultural and economic analysis of the market and features of the product. This submission will carry forward from where we left in the last assignment. We will take a closer look at the intricacies of running a business like understanding the target market, designing a suitable promotion strategy, having an overview of distribution and production process etc. The last part explained in detail the benefits of the green tea. It also explains how it protects the body against the most important carcinogens or tumors that can attack the body which is: indirect chemical carcinogens, physical carcinogens and direct chemical carcinogens. We also analyze how to market the product and how will it work in the UAE. Such as: Culture analysis in the UAE, economic analysis in the UAE and competitive market analysis in the UAE. Traditional approach to look at any product based marketing involves understanding of: Financial data- Factors like what will be the estimated product cost, distribution cost, expenses etc. Product data- It involves understanding of product pricing and other formalities like packaging etc. Sales and distribution data It involves what should be the sale targets and associated costs and revenues. Advertising and sales promotion data which caters to promotion strategy for the product. Thus preparing a good marketing plan can be a very complex process. But in a nutshell the aim of any marketing plan is very simple, which is to understand the factors and situation which have an impact on successful running of the business. We have looked at the complete marketing plan from the perspective of our product-Green Tea hp. This will be a new product in UAE market. As a result the challenge with this product is to start afresh with all marketing strategies. This project deals with various aspects of a marketing plan. To begin with it addresses the marketing objectives. Marketing objectives encompass setting realistic sales and profit expectations. This involves analysis of the total market for the product and the share for our product. Besides it also involves understanding the target consumer. Next section talks about marketing strategies. Marketing strategies outlines programs which will help us reach the expected sales and profit targets outlined in marketing objectives. This involves how much and when to spend on advertising and other promotional activities. Next we have discussed the implementation intricacies for our business. Tasks such as distribution from USA to UAE and price determination for the product are dealt with in this phase. These tasks are closely related to the financial statements and budgets. For any new business, it is very critical that a close check should be kept on the budget allocated and required. It is always good to have a planned budget before embarking on any new venture. Last but not the least we have also looked at the resources required to sustainably run our new business. Understanding the mode of generating financial resources, personnel resource and production capacity have been dealt in great detail. Marketing Plan Marketing Objectives Target Markets A target market is a specific group of people which a business thinks as their potential customers. They have similar characteristics like age, demographics, income etc. They also have similar buying patterns and can be classified as a separate category. The business tries to target this category when developing marketing strategies for its products or services and all of its marketing messages and campaigns are dedicated towards the target market. To develop a powerful marketing plan, we should answer following questions regarding the target market: How well do we understand the needs of our target market? Can we relate to what our target consumers need and what we have to offer? Are there any ways by which we can offer highly customized products for different groups? What product should be made generic and what should be offered to a broad set of consumers? A well defined target market can build the success of any company. While making products available to a huge market looks attractive, we would like to target specific customers to make ourselves known in the market. This is because green tea is new product in UAE and is not well known. In our previous submission, we had highlighted that we would specifically target the age group of 15-50.This was based on the consumption pattern of this group. Demographics As we know UAE has a large foreign expatriate population. The total population of the UAE is estimated at 2.3 million people. Only about 20 percent which represent 460,000 people of these are UAE locals. The rest are foreign workers. We would target all the people for our product. The Age breakup of UAE is as follows    0à ¢Ã‹â€ Ã¢â‚¬â„¢19 years: 27.4% (female 40,328,895, male 42,667,761 😉 20à ¢Ã‹â€ Ã¢â‚¬â„¢64 years: 60.1% (female 90,813,578, male 89,881,041 😉 65 years and over: 12.6% (female 21,991,195, male 15,858,477) The above breakup highlights the huge proportion of working age group population in UAE. Lifestyle Lifestyle is one important key factor used in determining which segments are used to target customers. Some important information in this section is there which includes how the Emirates market lives, their hobbies, their interests and their extracurricular activities. Emirates are living in extremely hot climate and they use tea as part of greeting to their guests most of the time. Frequency Its important to try and find out how frequently target segment will use the offered product or service. Specifically, businesses should always determine if theyre looking for on time sale and be in premium segment or to target more customers more often through new and innovative marketing techniques. Emirates have decent per capita income and they usually prefer the large packs and try using new products that come in the market. One of the major factors which contributes to their type of behavior is the diversity in their population. Exposure to various cultures makes them easily accept and experiment new products more often. Desires / Needs Business should be surely discovering the general need of the country they are planning to enter with new product. They should be aware of the basic desire and need of the emirates before launching Green Tea Hp here. Another point is that UAE development taking care of health sector is participating in the general issue by health and is making awareness campaigns about the importance of using the green tea and replaces the unhealthy food habits by using the healthy products. This will lead to decrease in the obesity and the diseases in the country. Therefore we can say that there is desire and need of Emirates which is developing towards this product of Green Tea hp. Expected Sales and Profit Expectation Sales and Profit objectives define the projected amount of goods to be sold. Thus it is very important for the success of any business that realistic objectives should be set. Once the sales objectives are set, everything else like marketing budget, channels to be used, number of sales personnel to hire etc. is based on these objectives or expected sales figures. For our product i.e. green tea we would look to cater to different tastes of the expatriate population. According to our research, we found that total UAE tea sales volumes showed a growth of 9% in 2009, or at 4,472 tons. (www.hktdc.com). Thus the change in tea sales from 2008 to 2009 is 369 tons. The below table summarizes the sales figures for the next year. Expected Sales Table    Growth in Sales in 2009 4472 Percentage Growth in 2009 9% Sale in 2009 49,688 Sales in 2008 49688/1.09=45585 Change in Sale from 2008 to 2009 4103 Projected Sales in 2012(assuming same growth rate) 49688+(4103*3)=61997 This market is primarily controlled by Lipton (www.usa2uae.com, 2009). Most of the new players like Green Tea Hp would aim at getting a minor market share to begin with. Based on the estimates from other new players like entering into this segment, like wagh bakri from India, we would look to target at least 1 percent (www.usa2uae.com, 2009) According to people in tea industry, UAE is looking for new and fresh taste in the tea segment. Already available products do not cater to the expectations of the people. Since the migrant population comes from different backgrounds, they have different tastes. Thus our green tea with many flavors would be able to fulfill this need to some extent. Thus we can hope to hit at least 1 percent of the market share. Thus 1 percent of projected sales in 2012 is 620 tons (approx). To calculate the profit margin we would take industry standards for gross profit margin and cash profit margin. We would take conservative estimates by assuming values lower a leading player in this industry. For our purpose we have taken Tata Tea data (www.moneycontrol.com) and calculated accordingly for green tea. Market Share Average Price of tea in last year Total revenue 620 Ton 3451.5 dollars/ton 620*3451.5=2139942 dollars We have assumed the market price of tea at 3541.52 dollars per ton Company Gross Profit Margin Cash Profit Margin Profit Dollars Tata Tea Beverage 10 Percent 9 Percent NA Green Tea Hp (UAE) 8.7 percent 8.7 percent 2139942*.087 = 186174 Promotion Mix Advertising Objective Objective of advertisement will be to attract health conscious customers towards the green. Since the green tea belongs to premium segment therefore more stress will be given to attract urban area consumers who are willing to try something new. Actually if we try to segment people of UAE, we can segregate people into two categories. One who prefers to try new products available in the market and they are usually called experimenters. Other category try to retain their own family retained brand which will bar them from experimenting any new product. Our work, as a green tea promoter, should attract these early experimenters and make a mark among them. Because the late buyer or safe buyers usually change their buying decision only when are too much exposed to any new product and when they really get to know that product is fine and can be used and have superior benefit as compared to their already using product. Hence, we are going to keep our target consumers to the premium family product thing. It will include kids, teenagers, fathers and Mothers. But the main target will be the teenagers who really care about their health. Teenagers generally have the tendency to experiment with totally new product. They try to use whatever there is in fashion. They want to be different from old generation and there they try every new thing which makes them different from their previous generation. That is why it is suggestible to make them a target customer and make our ad strategy as per their symbol of change. Therefore to target teenager and people in their twenties is be our prime strategy target. We need to position our product as youth icon thing. We have to make its image to look as fashionable and belonging to premium class. To make this we will be using some Hollywood star as an endorser which is youth icon in the eyes of Emirates. Media Mix We are going to use the media mix in a way to reach every single people in Emirates in order to make them of this new product in the market. Since ours is the first company launching this product in UAE therefore it will be our tough task to educate and inform consumers about the health benefits and differentiation from the entire existing product available in the United Arab Emirate market. Therefore we need to use following promotion media mix: Advertisement in magazines, newspapers and television. TV program. Kiosks. Billboards. Banners. The way we going to use this are to make this promotion in various phases. In first phase in which product need to be made aware in the UAE market is to use the media which is most widely used in the United Arab Emirates. Therefore we are going to take the initial advertisement through the use of the maximum reach basis. Since we all know that television is the best mode to reach to maximum population in minimum time. This will accompanied with the Message Message which green tea should be cashing is to convey a royal brand Image and keep a youth icon associated with product. Idea is to convey the health benefit and Premium product category among youth. Message should be something like conveying New and Young: Tried me!!. Cost Advertisement Newspaper Advertisement    20000 TV Advertisement    30000 Kiosk Advertisement    10000 Magazine Advertisement    10000 Billboard    10000 Banners    10000 Promotions 10000          Advertising Expense    $ 100,000.00 Sales Promotion Objective Objective of sales promotion will be to attract more and more customer in very first year. This should be done with the help of affordable small packaging of size as small as 100g. This should be the smallest package that should be available to the customer because smaller than this package will affect the brand image which is the last thing company want to do. Premiums Gift with purchase is the very common promotion techniques used by marketers for promoting the product. It is used in a way to associate our product with something of real use to the segment we are targeting. Since here we are targeting the youths therefore we can say that if we need to give some goodies free with our green tea product we need to offer something which is of real use to the teenagers and adults. A small teddy bear or a fancy branded pen with the 1 kg pack will attract consumer towards our product. Coupon Other way to attract the shopper towards our product is to let them buy the product with some free movie coupon. This thing which is really famous among the teenagers is to offer them free movie tickets on lucky draw to some consumer. Something like free movie coupons to every 5th shoppers can create a magic. This is cheap from the point of publicity and can work a lot in gaining momentum for the product. Cost Cost allotted to all this promotional strategy will be very less compared to advertisement expense we are incurring on the product. The main reason for this is because our main aim is to achieve more of awareness and less of selling. We want to do marketing rather than selling. We are going to produce what is needed there not we will sell whatever we have produced. Total Cost allotted to promotion will be $10000 annually. Personal Selling At this stage personal selling will be avoided by Green Tea HP. This is totally new product in the market. Surely personal will help in sale but we are avoiding this to check our brand image deterioration. We are planning to use this in B2B strategies but not in the business to customers strategy. Other Promotional Method All promotional strategy which we are planning is already described in above. As of now Green Tea hp product will not be experimented with some strange promotional technique. It can work but we dont want to take risk for this totally new product in United Arab Emirates market. Distribution: From Origin to Destination Port Selection United States is bounded by sea on both sides. In the west, it has Pacific Ocean whereas on the east side, it has Atlantic Ocean. UAE on the other hand lies northwest of the Arabian Sea. Origin Since the manufacturing of Green Tea happens in Utah, we are interested in looking for major trading ports near Utah. Utah lies towards the western side of US. Thus two major ports nearby are Port of San Francisco, California It lies on the western edge of the San Francisco Bay with a total trade capacity of 2,654,714 short tons. This is a major port with high amount of export trade. Port of Coos Bay .Oregon It is located on the Pacific coast, with major cities nearby. E.g. It Washington to the north and California to the south. This port too has high trading volume and is a good option since it had many logistics operator in nearby states. Destination UAE has seaports throughout the region. The major ports are Port Jebel Ali, Port Khor Fakkan , Port Rashid, Port Saeed ,Port Khalid and Port Zayed. Packaging Packaging is required to protect the products from damage during transit and also during storage. Packaging also plays a crucial role in information transmission and sales. Marking and Labeling Regulations On any package, many types of labels are used. These may include trademarks, product certifications and food authority approvals etc. To make full use of packaging, we intend to publicize the health benefits of green tea through labeling. Approvals from health authorities and results of study on green tea can be highlighted through package. Containerization During shipping of containers, one needs to take care of identification and bar codes and RFID numbers for easy tracking and shipment of goods. Another important aspect to consider is the container standards. There are many container system standards worldwide. It is essential that the same standards are used by both the trading partners for easy identification of goods. Costs Packaging represents a significant portion of the total cost on a product. For example, in tea industry, it is estimated that the cost of packaging can be as high as 30% of the total cost. This is primarily due to special type of packaging required to keep the tea fresh and increase the shelf life. Another cost consideration in packaging is that it is extremely expensive to create a new packaging design including graphics and structure. Thus the choice of packaging should be a very thought out process. For our product, GreenTea HP, we would make investments in generating a stable packaging system. We would restrict our packaging costs to 10 percent over the long term. This includes the countrys industrial, agricultural, and animal products. The competent ministries and departments approve the bill and issue a certificate of origin for all national products meant for exportation. A copy of these documents should be submitted upon processing an export application. The customs authorities employ the temporary deposit system in order to simplify and facilitate the procedures for the importers. A deposit is an amount of money that the customs collects pending payment of the customs duties or presentation of the original documents. Price Determination Transportation Cost Transportation Cost will be there but that will be borne by wholesaler only. The wholesaler needs to have enough margins as commission in order to bear this cost and still not make any losses. After the wholesaler the further transportation cost will borne by retailer. Because of all this, both the retailer and the wholesaler are getting hefty commission. Handling Expenses Handling Expenses will be borne by company itself as most of these handling charges are there as freight cost are from factory to onboard travelling. Custom Duties Custom duty is paid by company only as it is importing the raw tea leafs from elsewhere. The amount of custom duty generally depends upon the amount of import that is done. Company is paying $50000 as custom fees for the product for very first year on annual basis. Whole and Retail Mark Up and Discounts Final Price Product Cost    $ 2,020,000.00 Selling price (Profit Margin 8.7%)    $ 2,195,740.00 Selling Quantity we are targeting (Ton)    620 Company Price       Selling price per ton    $ 3,541.52 Selling price per Kg    $ 3.54 Selling price per 250g Pack    $ 0.89 Selling Price per 100g pack    $ 0.035 Wholesale Price (@13% WS Commission)       Selling price per Kg    $ 4.00 Selling price per 250g Pack    $ 1.00 Selling Price per 100g pack    $ 0.04 Retail Price (@12.5% Retail Commission)       Selling price per Kg    $ 4.50 Selling price per 250g Pack    $ 1.13 Selling Price per 100g pack    $ 0.05 Pro-formal financial Statement and Budget Marketing Budget Advertisement/Promotion Expense Advertisement Newspaper Advertisement 20000 TV Advertisement 30000 Kiosk Advertisement 10000 Magazine Advertisement 10000 Billboard 10000 Banners 10000 Promotion 10000 Advertising Expense $ 100,000.00 Distribution Expense Distribution Cost Store Payroll 20000 Store Management 10000 Rent 10000 Utilities 10000 Depreciation 10000 Repair 20000 Maintenance 13000 Total Distribution Expense 93,000.00 Product Cost Processing Raw Green tea cost Raw product (1000 ton) 1,000,000.00 Processing Variable Cost 230,000.00 Processing Fixed Cost 270,000.00 Final Green Tea product (620 ton) $ 1,500,000.00 Product Cost Percentage of Selling Cost Green Tea Product Cost(620 ton) $ 1,500,000.00 74.3% Custom expense $ 50,000.00 2.5% Packaging Cost $ 200,000.00 9.9% Selling Expense $ 73,000.00 3.6% Advertising Expense $ 100,000.00 5.0% Distribution Expense $ 93,000.00 4.6% Misc Expense $ 4,000.00 0.2% $ 2,020,000.00 Selling price (Profit Margin 8.7%) $ 2,195,740.00 Final Price Product Cost $ 2,020,000.00 Selling price(Profit Margin 8.7%) $ 2,195,740.00 Selling Quantity we are targeting (Ton) 620 Selling price per ton $ 3,541.52 Selling price per Kg $ 3.54 Selling price per 250g Pack $ 0.89 Selling Price per 100g pack $ 0.04 Other Cost Misc Expense $ 4,000.00 Pro forma annual profit and loss statement (Profit year) Profit And Loss Statement Income Revenue    $ 2,195,740.00 Expense          Cost of Goods Sold    1,000,000.00    Processing Variable Expense    230,000.00    Processing Fixed expense    270,000.00    Custom expense    $ 50,000.00    Packaging Cost    $ 200,000.00    Selling Expense    $ 73,000.00    Advertising Expense    $ 100,000.00    Distribution Expense    $ 93,000.00    Misc Expense    $ 4,000.00    Total Expense    2,020,000.00          EBIT       $ 175,740.00 Interest       $ 25,000.00 EBT       $ 150,740.00 Tax @ 20%       $ 30,148.00 Net Income       $ 120,592.00 Resource Requirements Finances In a product life cycle, different financial needs arise at different points in time .The funding stages of a business are as follows: Seed capital It is the amount you need initially to set up and plan your business activities. Start-up capital It is the amount of money required to maintain operational activities like buying raw material, processing etc in the first year. It is also called working capital Mezzanine (expansion) capital It is required to expand the current facilities. e.g. to upscale the production to full installed capacity or to buy a new larger business. For our product, Green Tea, finances will be required to start business operations, logistics and distribution, to pay for customs, for setting up packaging facilities and so on. We need a sum of around 500,000 dollars as calculated in above sections, of which 230,000 is variable cost and 270,000 are fixed cost. Capital funding can be of two types Debt Capital and Equity Capital. Debt capital means taking a loan which can be paid back over a period of time. This gives an easy way to maintain control over the company as well as get funds. The most common type of debt funding for a new business like ours is secured loans. To start any business, the first and foremost option that comes to mind is to avail business loans. A business can also avail secured loans from banks by keeping some property as collateral with the bank. Amount of secured business loans depends on value of the security kept with the lender. Generally a secured loan can fetch an amount of 50,000 to 100,000 dollars. It can be paid back in a period of 5-30 years depending on the terms and conditions. Equity capital is another way of funding in which people or firms become a part of the company. In this way they earn a portion of your profits in ways of dividends or can make huge money when the company goes public. Thus to determine the type of funding, we need to ask, that whether we are comfortable paying monthly installments or we would like to give up ownership rights in our company. Along with this, we need to ask following questions: Does my business qualify for debt financing? Am I willing to lose the secured collateral if the business fails? Am I willing to share the confidential financial information of my company? Some of other choices for funding a business include: Personal savings. Borrowing from family and friends. Making a partner and using his personal funds. Approaching a commercial finance company. Getting venture-capital fund. Thus to raise the funds of 1500,000 dollars, we can make following arrangements. Funds Breakup    Seed Capital 500,000 Dollars Secured Loans at 5 Percent 500,000 Dollars Equity Capital for 10% stake in Company 500,000 Dollars Personnel Every organization should be clear about its human resource needs. Thus planning can help in getting the right number of people at the right place. This kind of planning is largely dependent on the organizations overall goals. Forecasting of personnel depends on the following factors: Mission of the organization. Projected Turnover. Quality of employee skills. Technological advances in production and packaging. Personnel can be acquired from any of the following two sources Internal External Internal recruitment refers to promotion of employees from within the organization to fill the gaps. This involves listing of an employees education and skill set and based on that making recommendation for promotion. A company also considers performance levels of employees over past years. External Supply of qualified candidates refers to getting the required personnel from outside the organization. This involves having a good knowledge about the supply conditions in different occupations and awareness about the general business environment. The information about such conditions and availability of personnel can be found in: Monthly updates of national bank. Publications of various associations. Publications of various employment agencies. Since ours is a new product, we would primarily be focusing on external sources to fill our personnel needs. Also we would like to estimate the number of personnel required on the basis of ratio analysis. It involves forecasting the employee numbers based on the ratio of some factor like sales volume to the number of people required per unit of sales. Our product has sales of 620 ton. Production Capacity It refers to the volume of products which can be manufactured in a plant or factory with a given amount of resources. Production capacity depends on the efficiency of machines and workforce. It is essential that highly efficient processes should be put in place for the same. Another important concept to consider while deciding on the production capacity is capacity utilization. It gives a relationship between the actual production that happens in a plant with the total installed capacity and potential production. For Green Tea HP, we would be targeting an actual production capacity of around 650 ton in the first year. But we plan to have installed capacity around 1500 ton. We would scale up the production in a phased manner. Good production planning will help make better decisions in terms of sales, profit, expenses etc. To calculate production capacity, we should consider various factors like number of facilities, number of employees and equipment etc. Also number of employee required (discussed in previous section on personnel planning) plays a crucial part in the same. We need to determine the number of hours per week for employees. For our product, we assume an industry standard of 40 hours per week. The time spent in breaks, lunch time etc would be deducted from this time to calculate actual time spent on the production. Once we have actual time spent on production and the number of employees employed, we can calculate the actual production. Actual Production = Actual hours spent in production * Number of Employees Sources Tea Processing Article Retrieved May 15, 2011, from Tea Manufacturing firm inputs Website: http://www.enjoyingtea.com/teaprocessing1.html Technology Trends in Tea Manufacturing Article Retrieved May 15, 2011, from Tea Manufacturing firm inputs Website: http://www.teauction.com/home/techtrend.asp

Wednesday, November 13, 2019

THe beginning of Seattle history :: essays papers

THe beginning of Seattle history The coast of Washington is rich with the history of early America. While much of the United States was still in its infancy, Washington was thriving with industry. Though the industry was large, the towns were just beginning to grow. Though Washington’s coastal towns offered much to its citizens, it was the logging industry that started it all. In this paper, I will discuss the growth of the logging industry, specifically in relation to Seattle, and the resulting extension industries in the development of what is now our nations largest port city. I. The early industry: The laborers who sat idle during the fur trading off-season were of great concern to George Simpson, resident governor of the Hudson’s Bay Company in 1821. As he sat in his newly transferred building situated on the north bank of the Columbia River, he noticed the commanding view, in which he saw endless stands of thick timber. By order of Simpson, command of the new post, Fort Vancouver, was secured by one John McLoughlin and together, the two established the first Washington timber mill (Ficken 1987). The mill, which began operation in 1828, was charged with the responsibility of supplying timber up and down the southern coast of the United States and where ever markets were deemed profitable. This venture enabled the company to cover expenses throughout the remainder of the year and according to Simpson, â€Å"†¦yielded quite a handsome profit† (Ficken 1987). The mighty Columbia had proven useful in transporting logs to the port in the Puget Sound. The successful Fort Vancouver sawmill constituted the only timber exploitation resource in the Pacific Northwest for over a decade. As the industry became more and more profitable, the inevitable happened, and the Americans came to the Northwest. II. The potential of Seattle is realized: In 1851, Arthur Denny and a small crew built small log shelters on the beach of Elliot Bay. As Denny and his party recognized the availability of timber in the region, they moved camp to the more protected eastern shores of the bay to erect facilities to process the lumber they would soon be harvesting (Ficken 1987). As they laid out their settlement, they called their village Duwamps (later to be know as Seattle). The industry grew and soon mills were showing up all over the coast of Washington.

Monday, November 11, 2019

Green Marketing Critique

NANYANG TECHNOLOGICAL UNIVERSITY AB 0501 Green Marketing Individual Critique Report Word Count: 1,079 By Desmond Leong The Subject Matter The subject matter of the article revolves around the benefits of purchasing an electric car over conventional fuel powered cars.The article also addresses the various aspects beyond the traditional debate on whether electric cars are simply a greener alternative to fuel powered cars, it dwells, albeit not too deeply, at the political perspective of sustainability, the economic advantages and convenience for consumers, the security provided with the shifting of reliance from fuel to electricity as electricity comes from a multitude of sources, being very well diversified in terms of their sources and the various kinds of pollution that electric cars reduce which include noise pollution and air pollution.These aspects discussed all have an intertwined relationship in the complex debate on whether electric cars are indeed better than fuel powered car s, for example, the political perspective of sustainability is intertwined with the security provided with the shift from fuel to electricity, especially for countries like the US. This is because in terms of sustainability, the US looks first at how their country can be sustainable, ergo, reducing their reliance on middle-east oil, and this involves attaining security in terms of diversity of sources of electric energy.Also, the economic advantages for consumers are intertwined in a relationship with the amount of pollution produced and the political agenda supporting the purchases of electric cars, as the economic advantages don’t only come in cheaper fuel, but also a generous tax rebate of up to US$7,500 from the purchase price per electric car. Hence, the various aspects on arguments for purchasing a car have an incredibly intertwined relationship amongst each other in their united front against fuel powered cars.First Argument However, there are always two sides to a coi n. For the political perspective of sustainability and the security provided with the shifting of reliance from oil to electricity, there is a counter-argument. The electricity generated to charge the cars are largely from power plants that require fossil fuel to work. There is a debate that gallon for gallon, electric cars are only 21% efficient compared to fuel powered cars (Minkoff, 2012).While it is true that electricity does come from multiple sources, the bulk of it still comes from burning fossil fuel and hence, doesn’t go a long way to ensuring sustainability in the long run. The evidence on the counter-argument points are true as they do cite information from government research (â€Å"Electric Vehicles,† n. d. ). However, there is the assumption that electric cars will not improve in efficiency over the years which due to the rapid advancement of technology in recent years, is very unlikely.Second Argument Next, the charge stations for electric cars lack the infrastructure for fast charge times. Addressing the perspective of consumers having huge convenience owning an electric car, in the article it wrote that charging your electric car is easy and you can just plug it into your home at night. However, people tend to overlook the charge time, which can range from 20 hours on a 120 volt outlet to 30 minutes on a 480 volt outlet (â€Å"Charging Basics,† 2003).Compared to 5-7 minutes for petrol stations, even the fastest 30 minutes would be an eternity for someone charging his car on the go. However, there is also an additional argument that there has been a breakthrough in battery technology that allows batteries to get an extremely fast charge (Peters, 2011). The evidence for the charging times are accurate as it is published on Nissan’s official website, it does sound alright when charging overnight, but it does pose a problem when you have multiple cars or live in an apartment where you don’t have access to multipl e charging docks.For the source of extremely fast charging batteries, it is true and existing now, but there lacks infrastructure in today’s time because of the need of a smart grid. The assumption in this argument is that most families would only have one car they need to charge, have multiple charging terminals at apartments and everywhere around the world would have a charge station. I find this a huge assumption to overlook. If a family has multiple electric cars, they would face difficulties in rotating their charging schedules, not to mention that apartments and HDBs wouldn’t have sufficient charging points for the many cars.Lastly, for trips from Singapore to Malaysia, there is a huge risk that there are no charging points over there due to the electric cars not penetrating the market there yet, and this would cause a lot of problems similarly in other countries too. Third Argument For the argument that electric cars will reduce air pollution significantly, it i s true that electric cars produce tremendously little air pollution, however, their source of pollution is actually measured by the source of electricity used to charge them (â€Å"Will Electric Vehicles,† n. . ). An electric car that gets its energy from an unclean source like coal or oil, may produce more pollution than an internal combustion engine. Currently, most of the world get their electricity from coal burning, which produces the most pollution, rendering electric cars to be actually contributing significantly to pollution. The evidence from this argument is true, largely because it stems from the very common knowledge that electricity is generated from coal and oil power plants.However, I believe that it is easier to reduce and control pollution from a few thousand coal and oil burning power plants than a few million tailpipes, which means in the long term, electric cars do have pose a huge advantage in the areas of boosting control over pollution. The assumptions here are that cleaner sources of energy will not rise and contribute more to generating electricity. I find this assumption untrue as more and more effort is being put in to improve clean and renewable sources of energy (â€Å"What others are doing,† n. d. , hence, whilst coal and oil remains the largest generators of electricity, this is only for the short term. In the long term, other cleaner sources should take over. Conclusion In conclusion, electric cars will be the long term solution to a lot of our problems, they will solve air and noise pollution by cars, pollution by companies boiling crude oil to get petrol, reduce our reliance on non-renewable fuels which will increase our country’s security as we can seek alternative forms of energy, which will lead us closer to being a self-sustainable world.There are many areas that needs brushing up before electric cars can fully replace petrol cars, but the future is looking bright for them as tremendous advancement in technology has given us very encouraging signs along with the increased government support in encouraging greener technology and greener sources of energy. References Minkoff, M. (2012). Do Electric Cars Really Reduce Dependence On Fossil Fuels?. Political Outcast. Retrieved September 23, 2012, from  http://politicaloutcast. om/2012/08/do-electric-cars-really-reduce-dependence-on-fossil-fuels/. Electric Vehicles (EVs). (n. d. ). Retrieved September 23, 2012, from http://www. fueleconomy. gov/feg/evtech. shtml/. Charging Basics. (n. d. ). Retrieved September 23, 2012, from http://www. nissanusa. com/leaf-electric-car/home-charging#/leaf-electric-car/faq/list/charging. Peters, J. (2011). New Structure Allows Lithium Ion Batteries To Get A Quicker Charge. Scientific American.Retrieved September 23, 2012, from  http://www. scientificamerican. com/article. cfm? id=new-structure-allows-lithium-ion-batteries-quicker-charge. Will Electric Vehicles Really Reduce Pollution?. (n. d. ). Ret rieved September 23, 2012, from http://www. physics. ohio-state. edu/~wilkins/writing/Samples/policy/voytishlong. html. What others are doing. (n. d. ). Retrieved September 23, 2012, from http://www. cleanenergyfuture. gov. au/why-we-need-to-act/what-others-are-doing/.

Saturday, November 9, 2019

economy jobs and you essays

economy jobs and you essays 1. If the government were to tax alcohol on volume alone we would see a rise in consumption of higher grained alchohol. People would be able to buy a less amount and reach the same effect due to a higher concentrate of ethyl alcohol. The governments' current system helps reduce drunkenness a bit because it puts a greater price tag on alcohol that is higher in potency. 2. I would believe that the quality of liquor in a speakeasy that was less prone to police invasion would be higher than that of one that was not. If a speakeasy had made certain arrangements with a law enforcement agency they would be able to ensure their customers better product without the possibility of losing their product. By doing so they could afford a higher quality because they knew they were not going to lose inventory to police brutality. A speakeasy that could not guarantee police invasion would only try to get rid of cheaper product in case they were raided. They would protect themselves knowing that the chances of losing product were greater and that a cheaper alcohol was better losing than one which cost them more. 3. I believe that in New Jersey the price of hiring a prostitute would be lower than that of one in Nevada. In New Jersey prostitutes trey to earn as much as they can. There a quick buck is not as regulated and therefore a customer has to be attracted more to price than to quality. A quick hit is better if it is cheaper despite the overall effect. Although it is sad I feel as though there would be more consumption in New Jersey. People are more concerned with money today than any other time. Cheaper is almost always more appealing especially when we measure the values these people particularly have. 4. Smoking is still legal for simply one reason. The amount of dollars coming in is greater than that going out. Until only recently has the tobacco industry had to worry about paying out to its customer ...

Wednesday, November 6, 2019

Analysis of the Allemande from the English Suite No 3 in G minor.(J.S Bach) essays

Analysis of the Allemande from the English Suite No 3 in G minor.(J.S Bach) essays According to Phillip Spitta the English Suites must be regarded as Bachs most deliberate and developed excursions in the suite form. J. Matheson says that they give the picture of a contented and satisfied mind delighting in order and repose In these Bach combines elements of the French tradition with the south German suite type which Johann Jacob Froberger had originated. He also assimilates some Italian influences. His ability though, to give varied forms to pieces of the same species makes the Suites easily recognizable as his own works. Generally in the Suites, the allemande prepares the way for the courante and they both form a whole. The allemande in Suite No 3 is a fine example of the grace and emotionally versatility that Bach can show on the keyboard. It consists of two sections, equal as to length, of twelve bars each. With a first look we can see that the harmonies are broad and both parts have various figures. The piece begins commonly with a short note, a semiquaver before the first bar and it is followed by an arpeggiation of the tonic chord in the left hand. We have two part texture with semiquavers against semiquavers that share the melodic sequence until bar 3. The harmony is mostly straightforward but interesting if we accept the second chord with the F sharp in the bass as a VII leading to a V7 in the next beat. The second bar continues with an arpeggiation of chord i as the passing bass sequence sets up a V chord in the third beat and resolves back to the tonic in the beginning of bar 3. Up to here the harmony seems fairly simple and we can not really see any specific mood being portrayed. In bar 3 though, a clear sequence begins in the bass and a series of arpeggiated chords lead to a first modulation in bar 6.! Already, the F natural in the start of the bar produces a richer feeling for the melody. The sequence, that starts with the tonic, descents gradually to VII, then to v and climbs...

Monday, November 4, 2019

Common social-political barriers corporate aviation operators confront Research Paper

Common social-political barriers corporate aviation operators confront when attempting to enter foreign markets - Research Paper Example The corporate aviation industry can help in the economic development of an entire region or a particular industry such as tourism. But it is also dependent on the latent demand for goods and services. Thus lack of air transport can stymie the economic growth and lead to excesses or inappropriateness in supply. The corporate aviation industry can thus shape the speed and form of globalization and the related processes. With increasing globalization, the air aviation industry is trying to invest in foreign countries to expand their bases. But such a strategy has many ramifications such as migration of labor. Thus corporate aviation needs to carefully strategize its choices so that they can achieve operational efficiency. The research problem given is analysis of common social-political barriers which corporate aviation operators face when they attempt to enter foreign markets. With increasing globalization, the national economies have integrated with each other. This has led to flow of trade, capital flows, foreign direct investment, and spread of technology and capital flows. The business aviation industry is an important part of the aviation industry since it caters to the premium segment of the aviation industry. Everything which corporate aviation does basically depends on time and is driven on flexibility. The globalization of trade, supply-chaining, political forces and outsourcing have changed the world for better and worse. In the process of investment in foreign countries a corporate aviation company needs to analyze carefully the political and social factors. This research paper focuses on the social-political barriers which they will face. The corporate aviation industry is a highly protected and regulated one, and it is done with the intention of utilizing it as a lever for attaining larger economic and political objectives. Initially there was no such demand for such an industry, but

Saturday, November 2, 2019

IT Doesn't Matter Essay Example | Topics and Well Written Essays - 750 words

IT Doesn't Matter - Essay Example An example of the technology is that involved in sharing tasks in building a railway so that the rail is completed in time. Proprietary is the technology that is able to give a company a competitive advantage as long as there is protection in the production rights that the company operates on. This leads to generation of higher profits than the rivals. IT was compared to transport system as it transmits digital information the same way as it is in transport system. The comparison is with the other modes of transport including power grids that carry electricity and railroads that carry goods. IT is more replicable and this makes it be compared to a more valuable commodity than just a byte of data. The comparison of IT to a commodity is not false, the comparison is right as the transformation that is made on the commodities can be made in IT (Harvard Business Review, 2003). Commodities are accelerated in terms of developments. Introduction of internet accelerated commoditization of IT through provision of a perfect generic application for the delivery channel. The first argument that is given comparing IT to a commodity is that IT is a transport process that transmits digital information just like the other forms of transport such as roads and rails. IT just like the transport system is effective when shared than when it is used in separation by an individual. The second argument that makes IT compared to a commodity is that it is highly replicable. It is hard to imagine a more perfect commodity than just a byte of data. When it is combined with technical standardization, there is production of more economical value. The concept can also be argued by through consideration of the arrival of internet that has accelerated the commoditization of IT. The last argument that is given by Carr is that IT is subjected to rapid deflection in prize. He links this to when Gordon Moore made a prescient assertion that the density of