Research paper and report writing
How To Write An Argumentative Essay Samples Outline
Thursday, August 27, 2020
The Return: Nightfall Chapter 23
Acoldfrisson went down Elena's back, the most fragile of shudders. Damon didn'task for kisses. This wasn'tright . ââ¬Å"No,â⬠she murmured. ââ¬Å"Just one.â⬠ââ¬Å"I'm not going to kiss you, Damon.â⬠ââ¬Å"Not me. Him.â⬠Damon indicated ââ¬Å"himâ⬠with a tilt of his head toward Matt. ââ¬Å"A kiss among you and your previous knight.â⬠ââ¬Å"You wantwhat ?â⬠Matt's eyes snapped open and he got the words out dangerously before Elena could open her mouth. ââ¬Å"You'd like it,â⬠Damon's voice had dropped to its gentlest, most intimating tones. ââ¬Å"You'd prefer to kiss her. What's more, there's nobody to stop you.â⬠ââ¬Å"Damon.â⬠Matt battled up out of Elena's arms. He appeared, if not so much recouped, maybe 80% of the path there, yet Elena could hear his heart working. Elena thought about to what extent he'd lain pretending obviousness to get his quality back. ââ¬Å"The last thing I realized you were attempting to murder me. That doesn't actually get you on my great side. Second, individuals simply don't circumvent kissing young ladies since they're pretty or their beau takes a day off.â⬠ââ¬Å"Don't they?â⬠Damon climbed an eyebrow in shock. ââ¬Å"I do.â⬠Matt just shook his head, bewildered. He was by all accounts attempting to keep one thought fixed in his psyche. ââ¬Å"Will you move your vehicle so we can leave?â⬠he said. Elena felt as though she were watching Matt from far away; and as though he was confined some place with a tiger and didn't have any acquaintance with it. The clearing had gotten an extremely excellent, wild, and hazardous spot, and Matt didn't realize that either. Additionally, she thought with concern, he'smaking himself hold up. Weneed to leave â⬠and rapidly, before Damon does whatever else to him. In any case, what was the genuine way out? What was Damon's genuine plan? ââ¬Å"You can go,â⬠Damon said. ââ¬Å"As soon as she kisses you. Or then again you kiss her,â⬠he included, as though making a concession. Gradually, as though he understood what it was going to mean, Matt took a gander at Elena and afterward back at Damon. Elena attempted to discuss quietly with him, however Matt wasn't in the mind-set. He glanced Damon in the face and stated, ââ¬Å"No way.â⬠Shrugging, as though to say,I did all that I could , Damon lifted the shaggy pine bar â⬠ââ¬Å"No,â⬠cried Elena. ââ¬Å"Damon, I'll do it.â⬠Damon smiledthe grin and held it for a second, until Elena turned away and went to Matt. His face was as yet pale, cool. Elena inclined her cheek against his and said soundlessly into his ear, ââ¬Å"Matt, I've managed Damon previously. Furthermore, you can't simply resist him. We should play along â⬠for the time being. At that point perhaps we can get away.â⬠And then she made herself state, ââ¬Å"For me? Please?â⬠The fact of the matter was that she knew a lot about difficult guys. A lot about how to control them. It was a characteristic she'd come to abhor, however right now she was excessively bustling attempting to consider approaches to spare Matt's life to discuss the morals of forcing him. She wished it were Meredith or Bonnie rather than Matt. Not that she would wish such agony on anybody, yet Meredith would be concocting Plans C and D even as Elena thought of An and B. Also, Bonnie would as of now have lifted tear-filled, heart-liquefying earthy colored eyes to Damonâ⬠¦. Unexpectedly Elena thought of the single red blaze she'd seen under the Ray-Bans, and she adjusted her perspective. She didn't know she needed Bonnie around Damon now. Of the entirety of the folks she'd known, Damon had been the only one Elena couldn't break. Goodness, Matt was difficult, and Stefan could be outlandish here and there. Be that as it may, the two of them had splendidly shaded fastens some place inside them, labeledPUSH ME , and you simply needed to mess with the component a little â⬠alright, at times all around â⬠and in the long run even the most testing male could be aced. But oneâ⬠¦ ââ¬Å"All right, kiddies, enough time out.â⬠Elena felt Matt pulled from her arms and held up â⬠she didn't know by what, however he was standing. Something held him set up, upstanding, and she realized it wasn't his muscles. ââ¬Å"So where were we?â⬠Damon was strolling to and fro, with the Virginia pine branch in his correct hand, tapping it to his left side palm. ââ¬Å"Oh, that'sright â⬠â⬠as though making an incredible disclosure â⬠ââ¬Å"the young lady and the robust knight are going to kiss.â⬠In Stefan's room, Bonnie stated, ââ¬Å"For the last time, Meredith, did you discover a reinforcement record for Stefan's note or not?â⬠ââ¬Å"No,â⬠Meredith said in a level voice. In any case, similarly as Bonnie was going to fall once more, Meredith stated, ââ¬Å"I found an alternate note totally. A letter, really.â⬠ââ¬Å"Adifferent note? What does it say?â⬠ââ¬Å"Can you stand up by any means? Since I think you would do well to examine this.â⬠Bonnie, who had just barely gotten back her breath, figured out how to stumble over to the PC. She read the report on the screen â⬠complete aside from what appeared to be its last words, and wheezed. ââ¬Å"Damon planned something for Stefan!â⬠she stated, and felt her heart dive and all her inside organs tail it. So Elena had been off-base. Damonwas insidious, completely. At this point, Stefan may even beâ⬠¦ ââ¬Å"Dead,â⬠Meredith stated, her brain clearly following a similar track that Bonnie's had taken. She lifted dull eyes to Bonnie's. Bonnie realized that her own eyes were wet. ââ¬Å"How long,â⬠Meredith asked, ââ¬Å"has it been since you called Elena or Matt?â⬠ââ¬Å"I don't have the foggiest idea; I don't have the foggiest idea what time it is. However, I called twice after we went out and once at Isobel's; and when I've attempted from that point forward, I either get a message that their letter drops are full or it won't associate at all.â⬠ââ¬Å"That's about precisely what I've gotten. On the off chance that they went close to the Old Wood â⬠well, you comprehend what it does to telephone reception.â⬠ââ¬Å"And now, regardless of whether they come free and clear, we can't leave them a message since we've topped off their phone message â⬠ââ¬Å" ââ¬Å"E-mail,â⬠Meredith said. ââ¬Å"Good old email; we can utilize that to send Elena a message.â⬠ââ¬Å"Yes!â⬠Bonnie punched the air. At that point she collapsed. She dithered for a moment and afterward nearly murmured, ââ¬Å"No.â⬠Words from Stefan's genuine note continued resounding in her mind:I trust Matt's natural defense for you, Meredith's judgment, and Bonnie's instinct. Instruct them to recollect that. ââ¬Å"You can't mention to her what Damon's done,â⬠she stated, even as Meredith started hectically composing. ââ¬Å"She most likely definitely knows â⬠and in the event that she doesn't, it'll simply raise more hell. She's with Damon.â⬠ââ¬Å"Matt let you know that?â⬠ââ¬Å"No. Be that as it may, Matt was crazy with pain.â⬠ââ¬Å"Couldn't it have been from those â⬠bugs?â⬠Meredith looked down at her lower leg where a few red welts despite everything appeared on the smooth olive tissue. ââ¬Å"It could be, yet it wasn't. It didn't feel like the trees, either. It was justâ⬠¦pure torment. What's more, I don't have the foggiest idea, not for certain, how I realize that it's Damon doing it. I just â⬠know.â⬠She saw Meredith's eyes unfocus and realized that she was considering Stefan's words, as well. ââ¬Å"Well, my judgment advises me to trust you,â⬠she said. ââ¬Å"By the way, Stefan spells à ¡Ã¢ ®judgment' the favored American way,â⬠she included. ââ¬Å"Damon spells it with ane . That may have been what was irritating Matt.â⬠ââ¬Å"As if Stefan would truly disregard Elena with everything that has been going on,â⬠Bonnie said angrily. ââ¬Å"Well, Damon tricked we all and made us think so,â⬠Meredith brought up. Meredith would in general point out things like that. Bonnie began out of nowhere. ââ¬Å"I wonder in the event that he took the money?â⬠ââ¬Å"I question it, yet we should see.â⬠Meredith pulled the recliner away, saying, ââ¬Å"Grab me a hanger.â⬠Bonnie snatched one from the storage room and got herself one of Elena's tops to put on simultaneously. It was too large, since it was Meredith's top given to Elena, yet in any event it was warm. Meredith was utilizing the snared finish of the wire holder on all sides of the section of flooring that looked generally encouraging. Similarly as she figured out how to pry it up, there was a thump at the open entryway. The two of them hopped. ââ¬Å"It's just me,â⬠said the voice of Mrs. Blossoms from behind an enormous duffel sack and a plate of gauzes, mugs, sandwiches, and solid smelling cheesecloth packs like the ones she'd utilized on Matt's arm. Bonnie and Meredith traded a look and afterward Meredith stated, ââ¬Å"Come in and let us help you.â⬠Bonnie was at that point taking the plate, and Mrs. Blossoms was dumping the duffel sack on the floor. Meredith kept prying the barricade. ââ¬Å"Food!â⬠Bonnie said thankfully. ââ¬Å"Yes, turkey-and-tomato sandwiches. Help yourselves. I'm sorry I was away so long, yet you can't hustle the poultice for swellings,â⬠Mrs. Blossoms said. ââ¬Å"I recall, quite a while in the past, my more youthful sibling consistently said â⬠gracious, wow gracious!â⬠She was gazing at where the section of flooring had been. A decent estimated empty was loaded up with hundred-dollar notes, flawlessly enveloped by parcels with bank-groups still around them. ââ¬Å"Wow,â⬠Bonnie said. ââ¬Å"I never observed so much money!â⬠ââ¬Å"Yes.â⬠Mrs. Blossoms turned and started circulating cups of cocoa and sandwiches. Bonnie piece into a sandwich ravenously. ââ¬Å"People used to just place things behind the free block in the chimney. In any case, I can see that the youngster required more space.â⬠ââ¬Å"Thank you for the cocoa and sandwiches,â⬠Meredith said following a couple of moments spent wolfing them down while dealing with the PC simultaneously. ââ¬Å"But on the off chance that you need to reward us for wounds and things â⬠well, I'm apprehensive we just can't wait.â⬠ââ¬Å"Oh, come.â⬠Mrs. Blossoms took a little pack that smelled to Bonnie like tea
Saturday, August 22, 2020
Advertising Strategies of Colgate Brand
Question: Compose a point by point examination on how the publicizing for the brand has changed throughout the years, what showcasing and promoting systems the organization utilizes, how the association considers Consumer conduct, patterns and perspectives, what the qualities and convictions of the brand are and its purchasers, how the brand positions itself against its rivals and how this may differ upon nation. Answer: Presentation The methodology for promoting is a battle that can be made to impart various thoughts regarding the administrations and items to the intended interest groups to persuade them in purchasing the administrations and the items. This system is to be created in insightful and judicious way as it assists with mirroring the business. The key arrangement behind advancement of compelling promoting technique is adaptable and inventive arranging that is centered around inside and out information on the intended interest group. The principle purpose for executing viable publicizing techniques are to advance the business consciousness of its administrations and items, increment the deals to draw in more clients and contenders and furthermore alter or set up the brand picture. This implies publicizing is tied in with reminding, convincing and educating the shoppers in the market. This report will feature the publicizing procedures that the organization Colgate follows to advance its items, will likewise comprehend the conduct of its objective clients and their perspectives towards the brand and assess the situation of the brand contrasted with its rivals in the market. The brand will be broke down from worldwide point of view. Publicizing Strategies of Brand Colgate is relaxing establishing joining with purchasers non-standard courses, particularly by using the Internet and cell phones. One of the effective procedures is picked up by the common use of the articulation Colgate Smile for any great grin. Colgate underpins individual, excited relationship with their picture by inviting customers to share their Colgate Smiles through photographs, stories and highlights posted on www.ColgateSmile.com and different individual to individual correspondence districts, for instance, Facebook and MySpace. To best accomplish the present clients, Colgate utilizes joined advancing correspondences that fuse a mix of standard and new media, and also inventive constrained time works out. For example, as a part of its especially powerful showcasing effort Taking care of Is Believing. To advance its image, Colgate chiefly utilizes promoting methodologies. Its unmistakable items which are planned for assorted segments are engaged to the gathering of spectators by featuring its segments. Its typical motto for all items is - No1 brand suggested by dental specialist. As such no headway is done at retail level beside the recommendation by the agent. Anyway in the provincial markets Colgate uses (van is a flexible headway station having screen show offices, slide show and mike notoriety). In India, the analysts of Colgate had lowered themselves in the lives of townspeople, watching and looking at their oral thought affinities, how they clean their homes and other consistently plans. A key learning was that mothers trust in a prevalent life for their children through guidance. Taking into account this information, Colgate executed an outstanding publicizing procedure that helped structure care for good oral thought affinities and offered awards to kids. Another way Colga te interfaces with the present customers comprehensive is by utilizing coordinated promoting interchanges that join a blend of non-conventional and customary media. The starting of Colgate Sensitive Pro-Relief toothpaste used various mechanized touch centers, including on the web media, featuring the ground-breaking tributes of the purchaser and furthermore sites for enlightening items. These exercises, solidified with progressively limited time occasions and standard media, are adding to more piece of the pie (Colgate, 2011). Colgate instructs its customers about its new items and furthermore the thing that is being used by the customers. Colgate-Palmolive initiates and convinces its new and also old customers to purchase its new items. By utilizing a viable publicizing techniques Colgate has prevailing to hold its image picture and clients. By this Colgate unequivocally focuses on unmistakable publicizing or special techniques like deal advancement, exposure, promoting, mass selli ng and so on. Colgate has validated itself as a sharp passerby of the business and the lifestyle all around itself. Colgate has done before and so far doing at the present time. It is conveying introducing its items remarkably for the youngsters. Colgate is very well known among energetic kids just because of its optimal publicizing systems. Colgate advances the children items by naming the animation characters like Barney, Barbie Looney tunes and so on (Berger, 2011). Colgate's strong relationship with specialists have added to making Colgate and Hill's the most recommended marks by dental pros and veterinarians around the globe. Capable backings manufacture legitimacy for Colgate's brands and drive thing trial.In the United States, Colgate's new Oral Health Advisor framework is building relationship with dental hygienists to additionally drive capable proposals for Colgate things and extend open minded use. Additionally, In the United States, Colgate cooperated with store grapple Kroger to patch up the oral thought way. Taking into account a blend of client encounters and customer data, Colgate's cross-valuable business bunch worked almost with the retailer to realize a more client very much arranged way. Colgate attempts to propel cognizance of good oral prosperity all through the world. In Malawi, Colgate teamed up with the Malawi Ministry of Health in the midst of Oral Health Month to help show youths and adults about extraordinary oral though t affinities. The fight consolidated a powerful communicated message that exceptional strong oral thought penchants and featured the Ministry's support of Colgate things. The new framework pulled in more clients and extended class bargains. In minimal natural shops where space is compelled, Colgate operators work about with shop owners to achieve the ideal course of action of Colgate things with the best detectable quality. Remarkable packaging that fills in as a self-show unit, for instance, toothbrush allocators and hanging sachets, is just a single strategy that gives elevating versatility to shop owners and pervasive detectable quality for Colgate things. Giving second and suffering assistance from the torment welcomed on by tooth affectability, Colgate Sensitive Pro-Relief toothpaste is driving limitless bit of the general business gets for Colgate in the basic, rapidly creating affectability section. Inside just two or three months of its dispatch in Greece, Colgate got busine ss activity in the affectability segment shockingly. In China Colgate's especially capable toothbrush plant in Sanxiao, China, is extending the flexibility and cutoff of the Company's overall stock system. The greatest toothbrush mechanical office on earth, the new plant makes 1.4 billion brushes each year and holds quick to the most raised standards of essentialness capability besides, biological quality (colgate.com, 2010). Customer Behavior, Trends and Attitudes By and by, shoppers are extra mentioning of what they regard in brand choice precious and are affected by a creating display of new influencers. Associating with to construct Colgate Brands implies extended commitment with their purchasers, customers, the calling and distinctive influencers with compelling consolidated showcasing efforts that misuse web based systems administration destinations and advanced advances. They are in like manner focusing on separating increasingly significant, progressively critical bits of information to develop more grounded relationship with most of their democratic socioeconomics and make a progressively significant degree of obligation to their brands. The Net Sales of the organization developed to 7.5% and kept developing for 4%. Because of better reaction of the clients Colgate have rose the publicizing consumption to 5% and piece of the pie has developed across a large number of the center classifications. In 2011, creating markets typified in excess of a huge segment of their overall arrangements have been a fundamental piece of development methodology of Colgate for a long time. By centering viably and opportune, they have created driving business part and solid shopper unwaveringness positions in various key classes. Today, these business segments have overwhelming GDP advancement, an immense masses with low infiltration of item and even lower usage, lower customers, development rates and development classes. The development procedure of Colgate, in these organizations focuses on driving use. For instance, they train clients about the benefits of good medicinal services of oral and offer items to test as tests, for instance, Brilliant Smiles, Bright Futures. With this overall action, Colgate has come to in excess of 650 million youths, and reliably they help out dental specialists and their retail associates to help an oral prosperity month in every one of their geologies (Semenik and O'Guinn, 2012). In North-America, in the year 2011, the deals declined by 0.5% and the volume of the unit developed by 2%. The working benefit had diminished by 11%. Brands like Colgate Senstitive Pro-Relief and Colgate Optic White toothpastes and furthermore the re-propelling of the Colgate Total toothpaste have contributed towards the oral human services. Correspondingly in the year 2011 in Latin America, the deals of Colgate had expanded by 12% and the unit volume developed by 4.5%. There was decline in the working benefit of the organization by 9%. Also, in South Pacific or Europe, the unit volume and deals developed by 5% and 9% individually in the year 2011. 4% was included by Sanex obtaining t
Friday, August 21, 2020
Blog Archive Professor Profiles Sanjay Sood, UCLA Anderson School of Management
Blog Archive Professor Profiles Sanjay Sood, UCLA Anderson School of Management Many MBA applicants feel that they are purchasing a brand when they choose a business school. However, the educational experience you will have is what is crucial to your future, and no one will affect your education more than your professors. Today, we focus on Sanjay Sood from the UCLA Anderson School of Management. Sanjay Sood is a professor of marketing and behavioral decision making and the faculty director of UCLA Andersonâs Center for Management of Enterprise in Media, Entertainment, and Sports, which he helped develop. Sood focuses on marketing management, brand management, advertising, and consumer behavior, and he is a strong believer in incorporating the real business world in the classroom experience. Indeed, he often welcomes executives from such companies as Google and MGM Resorts International as speakers, and he takes students on field trips to other companies. One second-year student we interviewed said Sood brings âa lot of practical experience to the classroomâ and uses connections from his work with Procter Gamble to enhance his classes. Sood received his PhD in marketing from Stanfordâs Graduate School of Business in 1999 and was later recognized as a Marketing Science Institute Young Marketing Scholar in 2003. In 2010, Sood was selected by his fellow faculty members to receive the schoolâs Niedorf âDecadeâ Teaching Award, which is presented to professors who exhibit âexemplary teaching over a period of seven to ten years.â Five years earlier, he received a Citibank Teaching Award, which was also determined by his fellow faculty members. For more information about UCLA Anderson and 16 other top-ranked business schools, check out the free mbaMission Insiderâs Guides. Share ThisTweet Professor Profiles University of California Los Angeles (Anderson) Blog Archive Professor Profiles Sanjay Sood, UCLA Anderson School of Management Many MBA applicants feel that they are purchasing a brand when they choose a business school. However, the educational experience you will have is what is crucial to your future, and no one will affect your education more than your professors. Today, we focus on Sanjay Sood from the UCLA Anderson School of Management. Sanjay Sood is a professor of marketing and behavioral decision making and the faculty director of UCLA Andersonâs Center for Management of Enterprise in Media, Entertainment, and Sports, which he helped develop. Sood focuses on marketing management, brand management, advertising, and consumer behavior, and he is a strong believer in incorporating the real business world in the classroom experience. Indeed, he often welcomes executives from such companies as Google and MGM Resorts International as speakers, and he takes students on field trips to other companies. One second-year student we interviewed said Sood brings âa lot of practical experience to the classroomâ and uses connections from his work with Procter Gamble to enhance his classes. Sood received his PhD in marketing from Stanfordâs Graduate School of Business in 1999 and was later recognized as a Marketing Science Institute Young Marketing Scholar in 2003. In 2010, Sood was selected by his fellow faculty members to receive the schoolâs Niedorf âDecadeâ Teaching Award, which is presented to professors who exhibit âexemplary teaching over a period of seven to ten years.â Five years earlier, he received a Citibank Teaching Award, which was also determined by his fellow faculty members. For more information about UCLA Anderson and 16 other top-ranked business schools, check out our free mbaMission Insiderâs Guides. Share ThisTweet Professor Profiles University of California Los Angeles (Anderson) Blog Archive Professor Profiles Sanjay Sood, UCLA Anderson School of Management Many MBA applicants feel that they are purchasing a brand when they choose a business school, but the educational experience you will have is what is crucial to your future, and no one will affect your education more than your professors. Each Wednesday, we profile a standout professor as identified by students. Today, we focus on Sanjay Sood from the UCLA Anderson School of Management. Sanjay Sood is a professor of marketing and the faculty director of UCLA Andersonâs Center for Management of Enterprise in Media, Entertainment, and Sports. Sood focuses on marketing management, brand management, advertising, and consumer behavior, and he serves on the editorial review boards of the Journal of Marketing Research, the Journal of Consumer Psychology, and the Journal of Consumer Research. He received his PhD in marketing from Stanfordâs Graduate School of Business in 1999 and was later recognized as a Marketing Science Institute Young Marketing Scholar in 2003. One second-year student we interviewed said Sood brings âa lot of practical experience to the classroomâ and uses connections from his work with Procter Gamble to enhance his classes. In 2010, Sood was selected by his fellow faculty members to receive the schoolâs Niedorf âDecadeâ Teaching Award, which is presented to professors who exhibit âexemplary teaching over a period of seven to ten yea rs.â Five years earlier, he received a Citibank Teaching Award, which was also determined by his fellow faculty members. For more information about UCLA Anderson and 15 other top-ranked business schools, check out the mbaMission Insiderâs Guides. Share ThisTweet Professor Profiles University of California Los Angeles (Anderson) Blog Archive Professor Profiles Sanjay Sood, UCLA Anderson School of Management Many MBA applicants feel that they are purchasing a brand when they choose a business school. However, the educational experience you will have is what is crucial to your future, and no one will affect your education more than your professors. Today, we focus on Sanjay Sood from the UCLA Anderson School of Management. Sanjay Sood is a professor of marketing and behavioral decision making and the faculty director of UCLA Andersonâs Center for Management of Enterprise in Media, Entertainment, and Sports. Sood focuses on marketing management, brand management, advertising, and consumer behavior. He received his PhD in marketing from Stanfordâs Graduate School of Business in 1999 and was later recognized as a Marketing Science Institute Young Marketing Scholar in 2003. One second-year student we interviewed said Sood brings âa lot of practical experience to the classroomâ and uses connections from his work with Procter Gamble to enhance his classes. In 2010, Sood was selected by his fellow faculty members to receive the schoolâs Niedorf âDecadeâ Teaching Award, which is presented to professors who exhibit âexemplary teaching over a period of seven to ten years.â Five years earlier, he received a Citibank Teaching Award, which was also determined by his fellow faculty members. For more information about UCLA Anderson and 16 other top-ranked business schools, check out the free mbaMission Insiderâs Guides. Share ThisTweet Professor Profiles University of California Los Angeles (Anderson) Blog Archive Professor Profiles Sanjay Sood, UCLA Anderson School of Management Many MBA applicants feel that they are purchasing a brand when they choose a business school. However, the educational experience you will have is what is crucial to your future, and no one will affect your education more than your professors. Each Wednesday, we profile a standout professor as identified by students. Today, we focus on Sanjay Sood from the UCLA Anderson School of Management. Sanjay Sood is a professor of marketing and the faculty director of UCLA Andersonâs Center for Management of Enterprise in Media, Entertainment, and Sports. Sood focuses on marketing management, brand management, advertising, and consumer behavior, and he serves on the editorial review boards of the Journal of Marketing Research, the Journal of Consumer Psychology, and the Journal of Consumer Research. He received his PhD in marketing from Stanfordâs Graduate School of Business in 1999 and was later recognized as a Marketing Science Institute Young Marketing Scholar in 2003. One second-year student we interviewed said Sood brings âa lot of practical experience to the classroomâ and uses connections from his work with Procter Gamble to enhance his classes. In 2010, Sood was selected by his fellow faculty members to receive the schoolâs Niedorf âDecadeâ Teaching Award, which is presented to professors who exhibit âexemplary teaching over a period of seven to ten ye ars.â Five years earlier, he received a Citibank Teaching Award, which was also determined by his fellow faculty members. For more information about UCLA Anderson and 15 other top-ranked business schools, check out the mbaMission Insiderâs Guides. Share ThisTweet Professor Profiles University of California Los Angeles (Anderson) Blog Archive Professor Profiles Sanjay Sood, UCLA Anderson School of Management Many MBA applicants feel that they are purchasing a brand when they choose a business school. However, the educational experience you will have is what is crucial to your future, and no one will affect your education more than your professors. Today, we focus on Sanjay Sood from the UCLA Anderson School of Management. Sanjay Sood is a professor of marketing and the faculty director of UCLA Andersonâs Center for Management of Enterprise in Media, Entertainment, and Sports. Sood focuses on marketing management, brand management, advertising, and consumer behavior, and he serves on the editorial review boards of the Journal of Marketing Research, the Journal of Consumer Psychology, and the Journal of Consumer Research. He received his PhD in marketing from Stanfordâs Graduate School of Business in 1999 and was later recognized as a Marketing Science Institute Young Marketing Scholar in 2003. One second-year student we interviewed said Sood brings âa lot of practical experience to the classroomâ and uses connections from his work with Procter Gamble to enhance his classes. In 2010, Sood was selected by his fellow faculty members to receive the schoolâs Niedorf âDecadeâ Teaching Award, which is presented to professors who exhibit âexemplary teaching over a period of seven to ten years.â Five years earlier, he received a Citibank Teaching Award, which was also determined by his fellow faculty members. For more information about UCLA Anderson and 15 other top-ranked business schools, check out the mbaMission Insiderâs Guides. Share ThisTweet Professor Profiles University of California Los Angeles (Anderson) Blog Archive Professor Profiles Sanjay Sood, UCLA Anderson School of Management Many MBA applicants feel that they are purchasing a brand when they choose an MBA program to attend, but the educational experience you will have is what is crucial to your future, and no one will affect your education more than your professors. Each Wednesday, we highlight a standout professor as identified by students. Today, we profile Sanjay Sood at the UCLA Anderson School of Management. Sanjay Sood (âEntertainment Marketing,â âDigital Marketing Strategy,â and âBusiness Modelsâ) is an associate professor of marketing and the faculty director of UCLA Andersonâs Center for Managing Enterprises in Media, Entertainment, and Sports. An ad hoc reviewer for the Journal of Marketing Research and the Journal of Consumer Research, Sood focuses on marketing management, brand management, advertising, and consumer behavior. He received his PhD in marketing from Stanfordâs Graduate School of Business in 1999 and was later recognized as an MSI Young Marketing Scholar in 2003. One second-year student we interviewed said Sood brings âa lot of practical experience to the classroomâ and uses connections from his work with Procter Gamble to enhance his classes. In 2010, Sood was selected by his fellow faculty members to receive the schoolâs Niedorf âDecadeâ Teaching Award, which is presented to professors who exhibit âexemplary teaching over a period of seve n to ten years.â Five years earlier, he received a Citibank Teaching Award, which was also determined by his fellow faculty members. For more information about UCLA Anderson and 15 other top-ranked business schools, check out the mbaMission Insiderâs Guides. Share ThisTweet Professor Profiles University of California Los Angeles (Anderson) Blog Archive Professor Profiles Sanjay Sood, UCLA Anderson School of Management Many MBA applicants feel that they are purchasing a brand when they choose an MBA program to attend, but the educational experience itself is crucial to your future, and no one will affect your education more than your professors. Each Wednesday, we profile a standout professor as identified by students. Today, we profile Sanjay Sood at the UCLA Anderson School of Management. Sanjay Sood (âEntertainment Marketing,â âBehavioral Research in Marketing,â âElements of Marketing,â âApplied Management Researchâ) is an associate professor of marketing and the faculty director of the Center for Managing Enterprises in Media, Entertainment, and Sports at Anderson. An ad hoc reviewer for the Journal of Marketing Research and the Journal of Consumer Research, Sood researches marketing management, brand management, advertising and consumer behavior. He was recognized as an MSI Young Marketing Scholar in 2003 and received his PhD in marketing from Stanfordâs Graduate School of Business in 1999. One second-year student we interviewed for this guide said Sood brings âa lot of practical experience to the classroomâ and uses connections from his work with Procter Gamble to enhance his classes. For more information about the UCLA Anderson School of Management and 14 other top-ranked MBA schools, check out the mbaMission Insiderâs Guides. Share ThisTweet Professor Profiles University of California Los Angeles (Anderson) Blog Archive Professor Profiles Sanjay Sood, UCLA Anderson School of Management Many MBA applicants feel that they are purchasing a brand when they choose an MBA program to attend, but the educational experience itself is crucial to your future, and no one will affect your education more than your professors. Each Wednesday, we highlight a standout professor as identified by students. Today, we profile Sanjay Sood at the UCLA Anderson School of Management. Sanjay Sood (âEntertainment Marketing,â âBehavioral Research in Marketing,â âElements of Marketingâ and âApplied Management Researchâ) is an associate professor of marketing and the faculty director of UCLA Andersons Center for Managing Enterprises in Media, Entertainment and Sports. An ad hoc reviewer for the Journal of Marketing Research and the Journal of Consumer Research, Sood researches marketing management, brand management, advertising and consumer behavior. He received his PhD in marketing from Stanfordâs Graduate School of Business in 1999 and was later recognized as an MSI Young Marketing Scholar in 2003. One second-year student we interviewed said Sood brings âa lot of practical experience to the classroomâ and uses connections from his work with Procter Gamble to enhance his classes. In 2010, Sood was selected by his fellow faculty members to receive the schoolâs Niedorf âDecadeâ Teaching Award, which is presented to professors who exhibit â exemplary teaching over a period of seven to ten years.â Five years earlier, he received a Citibank Teaching Award, which was also determined by his fellow faculty members. For more information about UCLA Anderson and 15 other top-ranked business schools, check out the mbaMission Insiderâs Guides. Share ThisTweet Professor Profiles University of California Los Angeles (Anderson) Blog Archive Professor Profiles Sanjay Sood, UCLA Anderson School of Management Many MBA applicants feel that they are purchasing a brand when they choose an MBA program to attend, but the educational experience itself is crucial to your future, and no one will affect your education more than your professors. Each Wednesday, we profile a standout professor as identified by students. Today, we profile Sanjay Sood at the UCLA Anderson School of Management. Sanjay Sood (âEntertainment Marketing,â âBehavioral Research in Marketing,â âElements of Marketingâ and âApplied Management Researchâ) is an associate professor of marketing and the faculty director of UCLA Andersons Center for Managing Enterprises in Media, Entertainment, and Sports. An ad hoc reviewer for the Journal of Marketing Research and the Journal of Consumer Research, Sood researches marketing management, brand management, advertising and consumer behavior. He received his PhD in marketing from Stanfordâs Graduate School of Business in 1999 and was later recognized as an MSI Young Marketing Scholar in 2003. One second-year student we interviewed for this guide said Sood brings âa lot of practical experience to the classroomâ and uses connections from his work with Procter Gamble to enhance his classes. In 2010, Sood was selected by his fellow faculty members to receive the schoolâs Niedorf âDecadeâ Teaching Award, which is presented to professor s who exhibit âexemplary teaching over a period of seven to ten years.â Five years earlier, he was presented with a Citibank Teaching Award, also determined by fellow faculty members. Share ThisTweet Professor Profiles University of California Los Angeles (Anderson)
Monday, May 25, 2020
Knowledge Management A Competitive Advantage Business Essay - Free Essay Example
Sample details Pages: 9 Words: 2704 Downloads: 8 Date added: 2017/06/26 Category Management Essay Type Narrative essay Did you like this example? Ãâà In the twenty first century landscape with all its uncertainty and dynamism, many firms are competing in a complex andÃâà challenging environment which is being transformed by many factors ranging from globalization, technologicalÃâà development and increasingly rapid diffusion of technology, to the development and use of knowledge (Hitt, Keats, andÃâà DeMarie, 1998).Ãâà As such, the foundation of organizational competitiveness has shifted from an emphasis on physical and tangibleÃâà resources to knowledge (Wong and Aspinwall, 2005) and managing knowledge-based resources has become the key forÃâà sustaining competitive advantage (CA) and superior performance (Grant, 1996b; Grover and Davenport, 2001; Jackson,Ãâà Hitt, and DeNisi, 2003; Sharkie, 2003; and Teece, Pisano, and Shuen, 1997). To deal with this enhancedÃâà dynamism and uncertainty of the business environment, one of the current strategic philosophies assis ting firms to develop strategic capabilities is the knowledge management. It helps the organizations to systematically acquire,Ãâà create, share, and use knowledge so as to develop, renew, and exploit theirÃâà knowledge-based resources, thereby allowing them to be proactive and adaptable to externalÃâà changes and attain competitive success.Ãâ . Donââ¬â¢t waste time! Our writers will create an original "Knowledge Management A Competitive Advantage Business Essay" essay for you Create order Review literature:- Under the light of the previous researches, some researchersÃâà (Davenport and Prusak, 1998; (Zack, 1999) (Alavi Leidner, 2001) noted that competitive advantage isÃâà realized only when the organizations tracking methodsÃâà and ways are efficient and distinctive and one of thoseÃâà ways is through the knowledge management of the organizationÃâà that have achieved competitive advantage not forÃâà a specific period, but a long term.Ãâà (Gupta Mcdaniel, 2002) studied knowledge managementÃâà and competitive advantage by examining theÃâà vital link between the management of knowledge inÃâà contemporary organizations and the development of aÃâà sustainable competitive advantage. The used variablesÃâà are conceptualized in terms of organizational effectiveness,Ãâà efficiency, core competency, costs; knowledgeÃâà acquirement, knowledge filtering, knowledge configuration,Ãâà knowledge dissemination and knowledge ap plication. (Goh, 2005) also identified that the field of knowledgeÃâà management has emerged strongly as the next source ofÃâà competitive advantage. (Ismail Ong, 2008). Emphasized that firms canÃâà achieve the sustainable competitive advantage by informationÃâà technology facilities. He sees that even if a firmÃâà owned the most sophisticated information technologyÃâà facilities which are impossible for the competitors toÃâà imitate or substitute, and for sure it is rare, but if there isÃâà no knowledgeable personnel in the organization, or the knowledgeable personnel in the organization is not willingÃâà to utilize these facilities, these facilities would not generateÃâà any value to the organization. Obviously, to achieveÃâà sustainable competitive advantage, knowledge, willingnessÃâà to use operations and availability of facilities mustÃâà co-exist.Ãâà Hence, the question before the organizations is how shoul d theyÃâà develop a knowledge management system to coordinateÃâà people, technology and infra-structure to createÃâà advantages competitiveness and sustainability inÃâà business environments? Knowledge:- Knowledge is a different term from data and information. Data is simply raw facts, measurements etc. Information is organized or processed data that is timely and accurate. Knowledge as defined by (Tiwana, 2000) is the actionable (relevant) information available in the right format, at the right time, and at the right place for decision making. For example, sales of a particular year will be simply data, if we process the sales data and find sales in the north region is more, it will be information. By applying our experience we can conclude that south region requires more marketing efforts than north, it is knowledge. Knowledge is a valuable source for the organization because it helps the organization in taking important decisions in the rapid changing business environment. Knowledge is dynamic in nature. This implies that todays knowledge may well become tomorrows ignorance if an organization fails to update knowledge as environmental conditions change. Definition of Knowledge Management:- Knowledge management is an emerging concept and has got many different definitions. The term knowledge management was first introduced in a 1986 in a European management conference. Alternative definitions have been proposed since that attempt to capture the complexities of knowledge management. The 20Ãâà American Productivity and Quality Center defined knowledge management as the strategies and processes of identifying, capturing and leveraging knowledge. (knapp, 1998) defined knowledge management as the art of transforming information and intellectual assets into enduring value for an organizations clients and its people. Darroch also defined knowledge management as the process that creates or locates knowledge and manages the sharing, dissemination, and use of knowledge within the organization. Ãâà The traditional definitions of knowledge management focused only on the knowledge that is recognized and already articulated in some form. However, increasingly, knowledge m anagement is also incorporating the managing of important tacit knowledge (Sabherwal Ãâà Becerra-Fernandez, 2003). Davenport and Prusak (1998) defined knowledge Ãâà management as the management of a corporations knowledge through a systematic and Ãâà organizational specified process for acquiring, organizing, sustaining, applying, sharing, Ãâà and renewing both tacit and explicit knowledge from employees to improve Ãâà organizational performance and to create value. Ãâà Wiig (1994) suggested that knowledge management in an organization must be Ãâà considered from three perspectives, each with different scopes and purposes: (a) aÃâà business perspective focusing on why, where, and to what extent the organization must Ãâà invest in or exploit knowledge, and which strategies, products and services, alliances, Ãâà acquisitions, or divestments should be considered from a knowledge-related point of view; Ãâà (b) a management perspec tive focusing on determining, organizing, directing, and Ãâà monitoring knowledge-related activities required to achieve the desired business strategies and objectives; and (c) a hands-on operational perspective focusing on Ãâà applying the professional skill to conduct explicit knowledge-related work and tasks. Ãâà In fact, knowledge management is a principle that is aimed at satisfying and exceeding the customers expectations (Keskin, 2005). Knowledge management is a relatively new business philosophy. The goal of knowledge management is to identify, capture, store, maintain, and deliver useful knowledge in a meaningful form to anyone who needs it, anyplace and anytime, within an organization. Knowledge management is about sharing and collaborating at the organizational level. Knowledge management has the potential to revolutionize the way we share expertise, make decisions, and conduct business. History of knowledge management:- Knowledge management era started with the use of different programs which include on-the-job discussions, formal apprenticeship,Ãâà discussion forums, corporate libraries, professional training and mentoring programs. The use of computers in the second half of 20th century brought a revolution in the knowledge management field. It resulted in the specificÃâà adaptationsÃâà of technologies such asÃâà knowledge bases,Ãâà expert systems,Ãâà knowledge repositories,Ãâà group decision support systems,Ãâà intranets, andÃâà computer-supported cooperative workÃâà which developed the emerging knowledge management field to a large extent. In 1999, the termÃâà personal knowledge managementÃâà was introduced which refers to the management of knowledge at the individual level (Wright, 2005). In terms of the enterprise, early collections of case studies recognized the importance of knowledge management dimensions of strategy, proce ss, and measurement (Morey, Maybury Thuraisingham 2002. Recently with the use of theÃâà Web 2.0, the concept of Knowledge Management has taken into consideration the participation of people andÃâà emergence. This line of evolution is termedÃâà Enterprise 2.0Ãâà (McAfee 2006). However, there is an ongoing debate and discussions (Lakhani McAfee 2007) as to whetherÃâà Enterprise 2.0Ãâà is just a fad that does not bring anything new or useful or whether it is, indeed, the future of knowledge management (Davenport T. , 2008) Knowledge management cycle:- TheÃâà knowledgeÃâà managementÃâà cycleÃâà asÃâà givenÃâà byÃâà TurbanÃâà involvesÃâà sixÃâà steps.Ãâà ToÃâà keepÃâà theÃâà knowledgeÃâà managementÃâà systemÃâà effective,Ãâà theÃâà knowledgeÃâà hasÃâà toÃâà beÃâà updatedÃâà withÃâà time.Ãâà TheÃâà knowledgeÃâà managementÃâà cycleÃâà worksÃâà asÃâà follows:- CreateÃâà knowledge:Ãâà Ãâà knowledgeÃâà creationÃâà isÃâà theÃâà generationÃâà ofÃâà newÃâà ideas,Ãâà insightsÃâà orÃâà routin.Ãâà ItÃâà involvesÃâà developingÃâà newÃâà waysÃâà ofÃâà doingÃâà thingsÃâà orÃâà developsÃâà knowhow.Ãâà SometimesÃâà newÃâà knowledgeÃâà isÃâà broughtÃâà inÃâà orÃâà sometimesÃâà ownÃâà knowledgeÃâà isÃâà improved . CaptureÃâà knowledge:Ãâà Ãâà newÃâà knowledgeÃâà mustÃâà beÃâà identifiedÃâà asÃâà valuableÃâà andÃâà beÃâà representedÃâà inÃâà aÃâà reasonableÃâà way. RefineÃâà knowledge:Ãâà Ãâà newÃâà knowledgeÃâà mustÃâà beÃâà placedÃâà inÃâà contextÃâà soÃâà thatÃâà itÃâà isÃâà reused.Ãâà ThatÃâà isÃâà whereÃâà humanÃâà insightsÃâà mustÃâà beÃâà capturedÃâà alongÃâà withÃâà explicitÃâà facts. StoreÃâà knowledge usefulÃâà knowledgeÃâà mustÃâà beÃâà storedÃâà inÃâà knowledgeÃâà repositoryÃâà soÃâà thatÃâà others inÃâà anÃâà organizationÃâà canÃâà accessÃâà it. ManageÃâà knowledge:Ãâà Ãâà aÃâà knowledgeÃâà repositoryÃâà mustÃâà beÃâà updatedÃâà soÃâà thatÃâà itÃâà holdsÃâà theÃâà currentÃâà dataÃâà thatÃâà isÃâà relevantÃâà andÃâà accurate. Create knowledge Capture knowledge Refine knowledge Store knowledge Manage knowledge Disseminate knowledge DisseminateÃâà knowledge: knowledgeÃâà mustÃâà beÃâà madeÃâà availableÃâà inÃâà aÃâà rightÃâà formatÃâà toÃâà anyoneÃâà inÃâà theÃâà organizationÃâà whoÃâà needsÃâà it,Ãâà anywhereÃâà andÃâà anytime. Ãâà (turban, sharda, delen) BenefitsÃâà ofÃâà knowledgeÃâà management:- WithinÃâà theÃâà usageÃâà ofÃâà KnowledgeÃâà Management,Ãâà theÃâà companyÃâà canÃâà haveÃâà followingÃâà advantages:- InnovationÃâà withÃâà theÃâà helpÃâà ofÃâà flowÃâà ofÃâà ideas:Ãâ TheÃâà knowledgeÃâà managementÃâà programsÃâà canÃâà allowÃâà employeesÃâà andÃâà departmentsÃâà toÃâà seeÃâà theÃâà overall statusÃâà ofÃâà theÃâà companyÃâà aboutÃâà aÃâà specificÃâà developmentÃâà field.Ãâà WithÃâà theÃâà helpÃâà ofÃâà thisÃâà ability,Ãâà newÃâà ideasÃâà andÃâà innovativeÃâà techniquesÃâà canÃâà beÃâà emergedÃâà withÃâà respectÃâà toÃâà theÃâà existingÃâà knowledge. ImprovingÃâà theÃâà customerÃâà satisfactionÃâà byÃâà reducingÃâà theÃâà responseÃâ à time: WithÃâà theÃâà helpÃâà ofÃâà theÃâà KnowledgeÃâà ManagementÃâà usage,Ãâà theÃâà employeesÃâà ofÃâà theÃâà companyÃâà willÃâà beÃâà ableÃâà toÃâà findÃâà theÃâà opportunityÃâà ofÃâà appropriateÃâà solutionsÃâà toÃâà customersÃâà withÃâà anÃâà acceptableÃâà responseÃâà timeÃâà becauseÃâà KMÃâà willÃâà allowÃâà themÃâà toÃâà findÃâà theÃâà necessaryÃâà informationÃâà aboutÃâà theÃâà demandÃâà ofÃâà theÃâà customerÃâà moreÃâà relativelyÃâà andÃâà rapidly. IncreasingÃâà theÃâà revenues: WithÃâà theÃâà helpÃâà ofÃâà theÃâà KM,Ãâà theÃâà necessaryÃâà productÃâà andÃâà serviceÃâà thatÃâà theÃâà companyÃâà providesÃâà willÃâà beÃâà locate dÃâà inÃâà theÃâà market,Ãâà withÃâà theÃâà helpÃâà ofÃâà theÃâà rapidÃâà interdepartmentalÃâà communicationÃâà toÃâà useÃâà theÃâà rightÃâà informationÃâà atÃâà theÃâà rightÃâà time. KeepingÃâà employeeÃâà dynamic:Ãâ TheÃâà employeesÃâà areÃâà importantÃâà toÃâà beÃâà keptÃâà aliveÃâà duringÃâà criticalÃâà transactions.Ãâà WithÃâà theÃâà helpÃâà ofÃâà KnowledgeÃâà Management,Ãâà theÃâà informationÃâà systemÃâà thatÃâà containsÃâà theÃâà functionsÃâà ofÃâà KMÃâà canÃâà recordÃâà theÃâà valueÃâà ofÃâà everyÃâà employeeÃâà andÃâà allowsÃâà managersÃâà toÃâà rewardÃâà themÃâà ifÃâà theyÃâà haveÃâà criticalÃâà additionsÃâà toÃâà theÃâà business Ãâà processÃâà transactionsÃâà ofÃâà theÃâà company. ProcessÃâà reduction:Ãâ WithÃâà theÃâà helpÃâà ofÃâà KM,Ãâà theÃâà costsÃâà andÃâà amountÃâà operationsÃâà canÃâà beÃâà reducedÃâà byÃâà eliminatingÃâà theÃâà redundancyÃâà ofÃâà processÃâà phasesÃâà andÃâà unnecessaryÃâà ones. SustainedÃâà competitiveÃâà advantage: Ãâà KMÃâà canÃâà allowÃâà companiesÃâà toÃâà increaseÃâà theÃâà importanceÃâà ofÃâà intellectualÃâà propertiesÃâà andÃâà knowledge-basedÃâà assetsÃâà thatÃâà canÃâà beÃâà costlyÃâà toÃâà imitateÃâà nÃâà theÃâà marketÃâà thatÃâà theÃâà companyÃâà locatesÃâà in.Ãâà ThisÃâà canÃâà helpÃâà theÃâà companyÃâà toÃâà haveÃâà aÃâà com petitiveÃâà advantageÃâà inÃâà aÃâà long-termÃâà period. KnowledgeÃâà managementÃâà canÃâà improveÃâà theÃâà totalÃâà efficiency,Ãâà productivityÃâà andÃâà revenuesÃâà inÃâà anyÃâà businessÃâà transactionÃâà ifÃâà itÃâà canÃâà beÃâà usedÃâà well. CompetitiveÃâà advantage:- Ãâ AsÃâà theÃâà globalÃâà competitionÃâà becomesÃâà increasinglyÃâà fierce,Ãâà howÃâà toÃâà achieveÃâà competitiveÃâà advantageÃâà startsÃâà obtainingÃâà moreÃâà attention. (Barney J. , 1991) notedÃâà thatÃâà whenÃâà anÃâà organizationÃâà isÃâà implementingÃâà aÃâà valueÃâà creatingÃâà strategyÃâà notÃâà simultaneouslyÃâà beingÃâà implementedÃâà byÃâà anyÃâà currentÃâà orÃâà potentialÃâà rivals,Ãâà thenÃâà theÃâà organizationÃâà hasÃâà aÃâà competitiveÃâà advantage.Ãâà AndÃâà whenÃâà otherÃâà organizationsÃâà areÃâà unableÃâà toÃâà copyÃâà theÃâà benefitsÃâà ofÃâà thisÃâà strategy,Ãâà itÃâà confirmsÃâà thatÃâà theÃâà organizationÃâà hasÃâà aÃâà sustainableÃâà competit iveÃâà advantage.Ãâà InÃâà 2008,Ãâà BarneyÃâà distinguishedÃâà twoÃâà typesÃâà ofÃâà competitiveÃâà advantage:Ãâà temporaryÃâà andÃâà sustainableÃâà competitiveÃâà advantage.Ãâà AccordingÃâà toÃâà him,Ãâà competitiveÃâà advantageÃâà typicallyÃâà resultsÃâà inÃâà highÃâà profits,Ãâà butÃâà theseÃâà profitsÃâà attractÃâà competition,Ãâà andÃâà competitionÃâà limitsÃâà theÃâà durationÃâà ofÃâà competitiveÃâà advantageÃâà inÃâà mostÃâà cases,Ãâà therefore,Ãâà mostÃâà competitiveÃâà advantageÃâà isÃâà temporary.Ãâà OnÃâà theÃâà otherÃâà hand,Ãâà someÃâà competitiveÃâà advantagesÃâà areÃâà sustainableÃâà ifÃâà competitorsÃâà areÃâà unableÃâà toÃâà imitateÃâà theÃâà sourceÃâ à ofÃâà advantageÃâà orÃâà ifÃâà noÃâà oneÃâà conceivesÃâà aÃâà betterÃâà offering.Ãâà Furthermore,Ãâà refers (Al-hawary hani, 2009) toÃâà competitiveÃâà advantageÃâà as,Ãâà toÃâà createÃâà someÃâà barriersÃâà thatÃâà makeÃâà firmsÃâà performanceÃâà imitationÃâà difficult.Ãâà ThatÃâà is,Ãâà sinceÃâà theÃâà competitiveÃâà advantageÃâà isÃâà atÃâà theÃâà heartÃâà ofÃâà firmsÃâà performance,Ãâà itÃâà shouldÃâà protectÃâà itselfÃâà fromÃâà beingÃâà despoiledÃâà andÃâà assimilateÃâà newÃâà sourcesÃâà ofÃâà technologies,Ãâà skills,Ãâà andÃâà coreÃâà competencies. MichaelÃâà portersÃâà conceptÃâà ofÃâà competitiveÃâà advantage:- AccordingÃâà toÃâà porter,Ãâà whenÃâà aÃâà firmsÃâà profitsÃâà areÃâà moreÃâà thanÃâà theÃâà industry,Ãâà itsÃâà saidÃâà toÃâà haveÃâà aÃâà competitiveÃâà advantage.Ãâà MichaelÃâà porterÃâà identifiedÃâà twoÃâà typesÃâà ofÃâà competitiveÃâà advantage:- costÃâà advantage differentiationÃâà advantage CostÃâà advantageÃâà isÃâà enjoyedÃâà byÃâà theÃâà firmÃâà whenÃâà itÃâà producesÃâà theÃâà sameÃâà productÃâà asÃâà itsÃâà competitorsÃâà butÃâà atÃâà aÃâà lowerÃâà cost.Ãâà DifferentiationÃâà advantageÃâà resultsÃâà whenÃâà aÃâà firmÃâà deliversÃâà benefitsÃâà thatÃâà exceedÃâà thoseÃâà ofÃâà competingÃâà products.Ãâà ThusÃâà aÃâà competitiveÃâà advanta geÃâà enablesÃâà theÃâà firmsÃâà toÃâà deliverÃâà superiorÃâà valueÃâà toÃâà customersÃâà andÃâà superiorÃâà profitsÃâà forÃâà itself. Ãâ KnowledgeÃâà managementÃâà aÃâà competitiveÃâà advantage:-Ãâ KnowledgeÃâà managementÃâà helpsÃâà inÃâà gainingÃâà competitiveÃâà advantageÃâà inÃâà theÃâà followingÃâà ways:- KnowledgeÃâà managementÃâà canÃâà IncreaseÃâà productivityÃâà ofÃâà anÃâà organizationÃâà byÃâà applyingÃâà effectiveÃâà organizationalÃâà knowledgeÃâà management.Ãâà ByÃâà havingÃâà yourÃâà knowledgeÃâà processesÃâà inÃâà aÃâà structure,Ãâà itÃâà willÃâà allowÃâà thoseÃâà withÃâà theÃâà necessaryÃâà knowledgeÃâà toÃâà quicklyÃâà shareÃâà orÃâà applyÃâà itÃâà andÃâà youÃâà canÃâà reduceÃâà wastefulÃâà meetingsÃâà andÃâà inefficientÃâà knowledgeÃâà bottlenecks.Ãâà ThisÃâà willÃâà helpÃâà youÃâà getÃâà moreÃâà workÃâà hoursÃâà fromÃâà yourÃâà em ployeesÃâà andÃâà createÃâà aÃâà costÃâà advantage. TheÃâà technologicalÃâà solutionsÃâà canÃâà beÃâà appliedÃâà inÃâà anÃâà organizationÃâà forÃâà knowledgeÃâà dispersalÃâà withinÃâà anÃâà organization.Ãâà ByÃâà offeringÃâà easier,Ãâà moreÃâà intuitiveÃâà waysÃâà forÃâà yourÃâà employeesÃâà toÃâà createÃâà andÃâà shareÃâà knowledge,Ãâà yourÃâà companyÃâà canÃâà produceÃâà moreÃâà andÃâà betterÃâà knowledgeÃâà thanÃâà yourÃâà competitors,Ãâà thusÃâà gainingÃâà aÃâà qualityÃâà advantage. FosterÃâà andÃâà rewardÃâà theÃâà sharingÃâà ofÃâà knowledge.Ãâà WhetherÃâà creatingÃâà master/apprenticeÃâà relationshipsÃâà orÃâà monetarilyÃâà rewardingÃâà thoseÃâà whoÃâà shareÃâà knowledgeÃâà withinÃâà yourÃâà company,Ãâà takeÃâà stepsÃâà toÃâà ensureÃâà thatÃâà everyÃâà employeeÃâà isÃâà tryingÃâà toÃâà shareÃâà usefulÃâà knowledge. ItsÃâà theÃâà knowledgeÃâà managementÃâà toolsÃâà thatÃâà helpÃâà theÃâà organizationÃâà inÃâà identifyingÃâà theÃâà unmetÃâà needs.Ãâà HavingÃâà aÃâà proactiveÃâà approachÃâà toÃâà satisfyÃâà thoseÃâà needsÃâà isÃâà definitivelyÃâà goingÃâà toÃâà provideÃâà anÃâà organizationÃâà aÃâà competitiveÃâà advantage.Ãâà GoodÃâà knowledgeÃâà managementÃâà alsoÃâà allowsÃâà inÃâà identifyingÃâà theÃâà nicheÃâà marketsÃâà andÃâà byÃâà addressingÃâà theÃâà needsÃâà inÃâà theseÃâà nicheÃâà marketsà âà isÃâà going Ãâà toÃâà proveÃâà oneÃâà ofÃâà theÃâà attributeÃâà ofÃâà yourÃâà organizationÃâà success. AlmostÃâà allÃâà organizationsÃâà areÃâà usingÃâà theÃâà knowledgeÃâà managementÃâà toÃâà remainÃâà competitiveÃâà inÃâà market.Ãâà TakingÃâà theÃâà exampleÃâà ofÃâà WallMart,Ãâà theÃâà worldsÃâà largestÃâà retailÃâà corporationÃâà ,Ãâà itÃâà viewsÃâà theÃâà knowledgeÃâà managementÃâà notÃâà onlyÃâà asÃâà aÃâà wayÃâà ofÃâà enhancingÃâà profitabilityÃâà andÃâà financialÃâà growthÃâà butÃâà alsoÃâà asÃâà aÃâà wayÃâà ofÃâà remainingÃâà competitiveÃâà inÃâà aÃâà turbulentÃâà worldÃâà ofÃâà businesses.Ãâà ItÃâà hasÃâà investedÃâà aÃâà lar geÃâà amountÃâà ofÃâà moneyÃâà inÃâà buildingÃâà aÃâà strongÃâà knowledgeÃâà managementÃâà system.Ãâà ItÃâà isÃâà becauseÃâà ofÃâà theÃâà effectiveÃâà kmÃâà systemÃâà thatÃâà itÃâà hasÃâà emergedÃâà asÃâà theÃâà worldsÃâà largestÃâà corporation.Ãâà WallMartÃâà employsÃâà differentÃâà toolsÃâà ofÃâà knowledgeÃâà managementÃâà toÃâà remainÃâà competitiveÃâà inÃâà market.Ãâà StartingÃâà fromÃâà theÃâà simpleÃâà toolsÃâà ofÃâà knowledgeÃâà managementÃâà likeÃâà onthejobÃâà discussions,Ãâà formalÃâà apprenticeship,Ãâà discussionÃâà forums,Ãâà corporateÃâà libraries,Ãâà professionalÃâà trainingÃâà andÃâà mentoringÃâà programsÃâà toÃâà theÃâà advancedÃâà technologiesÃâ à likeÃâà knowledgeÃâà bases,Ãâà expertÃâà systems,Ãâà knowledgeÃâà repositories,Ãâà groupÃâà decisionÃâà supportÃâà systems,Ãâà intranets,Ãâà andÃâà computersupportedÃâà cooperativeÃâà work,Ãâà itÃâà usesÃâà eachÃâà andÃâà everyÃâà technologyÃâà ofÃâà knowledgeÃâà managementÃâà toÃâà haveÃâà aÃâà competitiveÃâà edgeÃâà inÃâà theÃâà market.Ãâà TheÃâà knowledgeÃâà managementÃâà helpedÃâà theÃâà WallMartÃâà inÃâà cuttingÃâà operationalÃâà costsÃâà andÃâà buildingÃâà upÃâà aÃâà valueÃâà forÃâà itsÃâà shareholders.Ãâà TheÃâà employeesÃâà inÃâà WallMartÃâà areÃâà veryÃâà muchÃâà satisfiedÃâà withÃâà theÃâà knowledgeÃâà managementÃâà systemÃâà functionalÃâà inÃâà almostÃâà allÃâà units.Ãâà WithÃâà theÃâà toolsÃâà ofÃâà knowledgeÃâà managementÃâà theÃâà bestÃâà employeesÃâà inÃâà WallMartÃâà areÃâà chosenÃâà andÃâà accordinglyÃâà rewardsÃâà areÃâà given.Ãâà TheWallMartÃâà storesÃâà reliableÃâà knowledgeÃâà managementÃâà skillsÃâà haveÃâà resultedÃâà inÃâà enhancedÃâà efficiencyÃâà inÃâà serviceÃâà deliveryÃâà andÃâà customerÃâà careÃâà asÃâà wellÃâà asÃâà developmentÃâà ofÃâà greatÃâà competition.Hence,Ãâà anÃâà effectiveÃâà knowledgeÃâà managementÃâà systemÃâà isÃâà oneÃâà ofÃâà theÃâà drivingÃâà forcesÃâà forÃâà WallMartÃâà forÃâà itsÃâà greatÃâà success.Ãâà TheÃâà otherÃâà examplesÃâà thatÃâà provedÃâà thatà âà effectiveÃâà knowledgeÃâà managementÃâà canÃâà helpÃâà achieveÃâà organizationÃâà goalsÃâà andÃâà helpÃâà inÃâà remainingÃâà competitiveÃâà inÃâà marketÃâà areÃâà sportswearÃâà giantsÃâà AdidasÃâà andÃâà Nike. (KNOWLEDGE-MANAGEMENT-A-CASE-STUDY-OF-WALLMART) Conclusion:- CompetitiveÃâà advantageÃâà isÃâà atÃâà theÃâà heartÃâà ofÃâà aÃâà firmsÃâà performanceÃâà inÃâà todaysÃâà challengingÃâà andÃâà rapidlyÃâà changingÃâà environment.Ãâà ToÃâà secureÃâà theÃâà competitiveÃâà advantage,Ãâà firmsÃâà shouldÃâà beÃâà ableÃâà toÃâà continuouslyÃâà acquire,Ãâà createÃâà andÃâà disseminateÃâà knowledgeÃâà acrossÃâà variousÃâà levelsÃâà ofÃâà theÃâà organization.Ãâà KnowledgeÃâà isÃâà centralÃâà toÃâà strategyÃâà formulationÃâà andÃâà Implementation,Ãâà knowledgeÃâà managementÃâà hasÃâà becomeÃâà aÃâà keyÃâà strategicÃâà taskÃâà facingÃâà managersÃâà forÃâà achievingÃâà successÃâà inÃâà todaysÃâà complexÃâà andÃâà dynamicÃâà environmentsà âà (MuthusamyandÃâà Palanisamy,Ãâà 2004).Ãâà TheÃâà shiftingÃâà windsÃâà ofÃâà changeÃâà inÃâà todaysÃâà businessÃâà environment,Ãâà whereÃâà theÃâà MarketÃâà placeÃâà isÃâà increasinglyÃâà competitiveÃâà andÃâà theÃâà rateÃâà ofÃâà innovationÃâà isÃâà rising,Ãâà haveÃâà madeÃâà EnterprisesÃâà realizeÃâà thatÃâà knowledgeÃâà isÃâà theirÃâà keyÃâà asset.Ãâà ItÃâà isÃâà pointedÃâà outÃâà thatÃâà theÃâà mostÃâà valuableÃâà AssetsÃâà ofÃâà theÃâà 21stÃâà CenturyÃâà enterpriseÃâà isÃâà itsÃâà knowledgeÃâà andÃâà knowledgeÃâà workers(SunmanÃâà andÃâà Kruger,Ãâà 2004).Ãâà ItÃâà isÃâà arguedÃâà thatÃâà knowledgeÃâà isÃâà displacingÃâà naturalÃâà resources,à âà capitalÃâà andÃâà laborÃâà asÃâà theÃâà basicÃâà EconomicÃâà resourceÃâà inÃâà theÃâà newÃâà economy.Ãâà KnowledgeÃâà mostlyÃâà theÃâà tacitÃâà knowledgeÃâà isÃâà hardÃâà toÃâà imitateÃâà soÃâà effectivelyÃâà managingÃâà suchÃâà typeÃâà ofÃâà knowledgeÃâà inÃâà anÃâà organizationÃâà isÃâà definitelyÃâà goingÃâà toÃâà leadÃâà theÃâà organizationÃâà toÃâà aÃâà placeÃâà whichÃâà forÃâà othersÃâà willÃâà beÃâà difficultÃâà toÃâà achieve.Ãâà KnowledgeÃâà managementÃâà helpsÃâà usÃâà inÃâà identifyingÃâà unmetÃâà needsÃâà inÃâà theÃâà market.Ãâà HavingÃâà aÃâà proactiveÃâà approachÃâà toÃâà satisfyÃâà theseÃâà needsÃâà isÃâà goingÃâà toà âà placeÃâà yourÃâà organizationÃâà aboveÃâà allÃâà inÃâà theÃâà turbulentÃâà competitiveÃâà businessÃâà environment.Ãâà So,Ãâà everyÃâà OrganizationÃâà shouldÃâà startÃâà thinkingÃâà ofÃâà aÃâà soundÃâà knowledgeÃâà management,Ãâà becauseÃâà inÃâà aÃâà knowledge-drivenÃâà economyÃâà itsÃâà theÃâà onlyÃâà sourceÃâà ofÃâà achievingÃâà successÃâà overÃâà others.
Thursday, May 14, 2020
After Effects of Enron Scandal and Sarbanes-Oxley Act on...
Standard to most businesses is the idea that it is managements only responsibility in an organization to generate profits the best possible fiscal return for stakeholders. This template argues that the fiscal responsibility of the business is paramount, and sometimes ethics and moral tend to be pushed to the backburner (Savage and McEltory, 2005). This is particularly true when one adds the necessity of ethical responsibility from business professionals. The Enron Scandal, for instance, became a global call for accounting reform and clearly reduced the publics confidence in the corporate environment. Briefly, Texas-based energy company Enron used one of the nations most prestigious accounting firms, Arthur Anderson. Enron employed over twenty-thousand people and had revenues over $100 billion. Forbes magazine called the company one of Americas Most Innovative for five years. However, a company whistle-blower told Federal regulators that much of Enrons reported data, signed off on by Anderson, was false.Essentially, Enron reported sales incorrectly, thus the balance sheet showed profits that were false, but increased the organizations stock price and value. Because of the scandal, both companies filed for bankruptcy. The case was so well publicized that the name Enron is now synonymous with scandal, corporate greed, and dishonesty in accounting (Bryce, 2002; Peregrine, 2011). As a direct result of the ENRON scandal, the United States government began to pressureShow MoreRelatedCorporate Scandals And The Implact Of The Sarbanes Oxley Act1472 Words à |à 6 PagesA LOOK AT CORPORATE SCANDALS AND THE IMPLACT OF THE SARBANES-OXLEY ACT OF 2002 I. INTRODUCTION An economic boom filled with fraud, collapsed in the early 2000s with the unravelling of Enron in October 2001 followed by the implosion of WorldCom and many others big corporations. The downfall of these major companies led to a wide spread crisis of confidence in the financial markets. A crisis caused by executive greed was able to be magnified when the gatekeepers, the auditors, lawyers and analystsRead MoreThe Sarbanes Oxley Act Of 20021614 Words à |à 7 PagesThe Sarbanes-Oxley Act of 2002 (SOX) was enacted to bring back public trust in markets. Building trust requires ethics within organizations. Through codes of ethics, organizations are put in line to conduct themselves in a manner that promotes public trust. Through defining a code of ethics, organizations can follow, market becomes fair for investors to have confidence in the integrity of the disclosures and financial reports given to them. The code of ethics include ââ¬Å"the promotion of honest andRead MoreThe Sarbane s Oxley Act ( Sox )1604 Words à |à 7 Pagesreporting has gained substantial attention from the public after the scandals of many high profile companies in the 21st century. Periodic cases of financial statement fraud raise concerns about the credibility of financial reports and are as a result of problem in the capital markets, a dropping of shareholder value, and, the bankruptcy of the company. Thus, to respond to the public pressure over acts of corporate offense, the Sarbanes-Oxley Act (SOX) was enacted in 2002. SOX proposed major changes toRead MoreSarbanes Oxley Act Research Paper1787 Words à |à 8 Pagesï » ¿Sarbanes Oxley Act Research Project Brielle Lewis MBA 315 March 6, 2014 I. Abstract The purpose of the Sarbanes-Oxley Act is to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities law, and for other purposes. (Lander, 2004) The Act created new standards for public companies and accounting firms to abide by. After multiple business failures due to fraudulent activities and embezzlement at companies such as Enron Sarbanes andRead MoreSarbanes-Oxley Research Paper2807 Words à |à 12 PagesSarbanes-Oxley Act of 2002 Research Paper Imagine over $60 billion of shareholder value, almost $2.1 billion in pension plans, and initially 5,600 jobs - disappeared (Associated Press, 2006). One would have to wonder how that is possible. These are the consequences the investors and employees of Enron Corporation endured after the Enron scandal started to unravel. This paper will focus on the infamous accounting scandal of Enron Corporation. It will also discuss how the company wasRead MoreThe Impact Of Sarbanes Oxley Act On Public Companies And The Market1336 Words à |à 6 Pages The affects of the Sarbanes-Oxley Act on Public Companies and the Market Shareen Sidhu University of Maryland University College The Affects of the Sarbanes-Oxley Act on Public Companies and the Market The Sarbanes-Oxley Act of 2002 was implemented and designed to ââ¬Å"protect the interests of the investing publicâ⬠and the ââ¬Å"mission is to set and enforce practice standards for a new class of firms registered to audit publicly held companiesâ⬠(Verschoor, 2012). During the early 2000 s, the worldRead MoreEffects Of Sarbanes-Oxley Act SOX Essay1860 Words à |à 8 PagesABSTRACT This paper provides an in-depth evaluation of Sarbanes-Oxley Act, which is said to be promoted to produce change in the corporate environment, in general, by stressing issues of public accountability and disclosure in the financial operations of business. It explains how this is an Act that represents the governments and the Security and Exchange Commissions concern in promoting ethical standards in terms of financial disclosure in the corporate environment. This paper addresses theRead MoreEffects of Sarbanes-Oxley Act1957 Words à |à 8 PagesABSTRACT This paper provides an in-depth evaluation of Sarbanes-Oxley Act, which is said to be promoted to produce change in the corporate environment, in general, by stressing issues of public accountability and disclosure in the financial operations of business. It explains how this is an Act that represents the government s and the Security and Exchange Commission s concern in promoting ethical standards in terms of financial disclosure in the corporate environment. This paper addresses theRead More Sarbanes Oxley Act of 2004 Essay1713 Words à |à 7 PagesSarbanes Oxley Act of 2004 The Sarbanes-Oxley Act of 2002 was signed into law on July 30, 2002 by President Bush. The new law came after major corporate scandals involving Enron, Arthur Anderson, WorldCom. Its goals are to protect investors by improving accuracy of and reliability of corporate disclosures and to restore investor confidence. The law is considered the most important change in securities and corporate law since the New Deal. The act is named after Senator Paul Sarbanes of MarylandRead MoreThe Quality of Financial Reporting After the Passage of Sarbanes-Oxley a2946 Words à |à 12 PagesResearch Proposal The Quality of financial Reporting after the passage of Sarbanes-Oxley Act Dr. Hassan Ahmed Assistant Professor at Cameron University à à Abstract The complexity of business environment necessitates a set of required disclosures in a timely fashion. The full disclosure principle under U.S. GAAP is based on a vague definition that cannot be clearly implemented. The cost of disclosures can be significantly large and can have a negative impact on companiesââ¬â¢ future earnings
Wednesday, May 6, 2020
Author of A Rose for Emily, William Faulkners Nobel Prize...
All I have to say about A Rose for Emily is that she was a crazy person! Faulkner is a really worthy and famous writer that has a lot to say in his writings and I think that he accomplishes that when he writes. ââ¬Å"On December 10, he delivered his acceptance speech to the academy in a voice so low and rapid that few could make out what he was saying, but when his words were published in the newspaper the following day, it was recognized for its brilliance; in later years, Faulknerââ¬â¢s speech would be lauded as the best speech ever given at a Nobel ceremony.â⬠(Padgett) When William Faulkner gave his Nobel Acceptance Speech he had a quote in there and I think that he helped man endure by lifting his heart in A Rose for Emily, he also shows howâ⬠¦show more contentâ⬠¦There were a lot of different emotions that were represented in this selection, but Faulkner didnt tell us that the characters were angry he used details to show us peopleââ¬â¢s emotions. ââ¬Å"Try to be better than yourself. An artist is a creature driven by demons. He doesnt know why they choose him and hes usually too busy to wonder why. He is completely amoral in that he will rob, borrow, beg, or steal from anybody and everybody to get the work done.â⬠(Faulkner/Stein) When he talks he uses a lot of emotion and that shows his style of writing. William Faulkner gave a Nobel Prize Acceptance Speech and in it he wrote about A Rose for Emily he gives himself challenges when he writes and one of the challenges is pity and sacrifice which has been the glory of the past. When he writes he is saying that the people who have had pity thrown upon them and the people who have made their sacrifices are the only ones who get the glory. ââ¬Å"The human drama in Faulkners novels is then built on the model of the actual, historical drama extending over almost a century and a half.â⬠(Faulkner) In A Rose for Emily this is shown when all of those people who left her life she didn t really make a big deal out of it she kept toShow MoreRelatedWilliam Faulkner Influence on his Work Essay1542 Words à |à 7 Pages The writer and Nobel Prize winner, William Cuthbert Faulkner, was born in New Albany, Mississippi, on September 25, 1897. Faulkner was the first of four sons to Murry Cuthbert Falkner and Maud Butler. His family settled in Oxford when he was about five years old, and Faulkner spends most of his life there. Faulkner was successful early in his life, but during the fifth grade he lost interest in school and started missing classes. He did not graduate from high school, and later on he was able toRead More William Faulkner Essay1215 Words à |à 5 Pages William Faulkner nbsp;nbsp;nbsp;nbsp;nbsp;William Faulkner is one of Americas most talked about writers and his work should be included in any literary canon for several reasons. After reading a few of his short stories, it becomes clear that Faulkners works have uniqueness to them. One of the qualities that make William Faulkners writings different is his close connection with the South. Gwendolyn Charbnier states, Besides the sociological factors that influence Faulkners work, biographicalRead MoreWilliam Faulkner s A Rose For Emily And Dry August2559 Words à |à 11 PagesWho knew a high school dropout would become one of the most well-known authors still known today? Even though William Faulkner did not finish school (ââ¬Å"William Faulkner ââ¬â Biographicalâ⬠), he certainly knew how to capture a readerââ¬â¢s attention and drop them into a new world with just a pen. The style in which he writes is unique. With only three semesters of college, he was forced to create from nearly a blank slate; college had not brainwashed him in to a repetitive nature with writing a certainRead MoreThe Limitations Of William Faulkner993 Words à |à 4 PagesHowe, Irving. The Limitations of A Rose for Emily. William Faulkner: A Critical Study. ed. William Faulkner, Bloom s Literature, 2007. Web. 21 Nov. 2015 One of the most famous stories from William Faulkner, an American writer, was ââ¬Å"A rose for Emilyâ⬠and which requires some understanding. It is about a relation between South and North, with Miss. Emily representing the decadent South and Homer Barron the rapacious North. Faulkner made the story so glaring and pointed in its effects and solicitRead MoreThe Search for Time in Yoknapatawpha County1908 Words à |à 8 Pagesyear and the time period of the story. Furthermore, in the short story ââ¬Å"A Rose for Emilyâ⬠by William Faulkner, the setting is a source of conflict. The narratorââ¬â¢s of the story, the townââ¬â¢s people, have an unknown entity, but because the story shifts between time periods and settings, the reader acquires different points of view from the same conflict. The theme of tradition and change in the short story ââ¬Å"A Rose for Emilyâ⬠, is enhanced by time, the southern gothic literature, and the post Civil WarRead Moreââ¬Å"Resis tance to Changeâ⬠: An Analysis of Not Changing with the Times854 Words à |à 4 PagesIn his short story, A Rose for Emily, well-known American writer and Nobel Prize laureate, William Faulkner, narrates the consequences of people not changing with the times. He lived in the south when slavery was acceptable and includes this in many of his stories. Faulknerââ¬â¢s purpose is to emphasize to his audience that people must accept change and evolve or risk isolation and ultimately dying alone. Faulknerââ¬â¢s views on change are brought out effectively in ââ¬Å"A Rose for Emilyâ⬠through his use of settingRead MoreWilliam Faulkner is a Giant 1158 Words à |à 5 Pagesbut in the realm of American literature, William Faulkner is a giant.â⬠(Padgett, olemiss.edu) He was a Nobel Prize- winning novelist and a short story writer. Faulkner was acclaimed as one of the twentieth centuryââ¬â¢s greatest writers. From The Sound and the Fury in 1929 to Go Down, Moses in 1942 , was considered his greatest artistic achievement and accomplished more artistically then most artists in their lifetime of writing. (Padgett, olemiss.edu) William Cuthbert Falkner (as his named was then spelled)Read MoreWilliam Faulkner s Life And Accomplishments2132 Words à |à 9 PagesWilliam Faulkner wrote more than just stories, he wrote legacies and wove tales enriched with knowledge and insight beyond his years, he entranced the public with poems filled to the brim with literary genius. This man, born and raised in mississippi, known widely as both an alcoholic and eccentric, created masterpieces that have lived on throughout the years, but exactly how did he come to be the author and poet he was? To answer that question accurately, we have to start from the beginning. WilliamRead MoreA Rose for Emily - Biography William Faulkner3892 Words à |à 16 PagesBIOGRAPHY William Faulkner (September 25, 1897 ââ¬â July 6, 1962) was a Nobel Prize-winning American author. One of the most influential writers of the 20th century, his reputation is based on his novels, novellas and short stories. However, he was also a published poet and an occasional screenwriter. Most of Faulkners works are set in his native state of Mississippi, and he is considered one of the most important Southern writers, along with Mark Twain, Robert Penn Warren, Flannery OConnorRead Moreââ¬Å"a Rose for Emily, â⬠ââ¬Å"Young Goodman Brownâ⬠and ââ¬Å"Good Country People, â⬠1823 Words à |à 8 PagesLoneliness from Society The time moves on for all people. If we cannot come to terms with that, bad things can happen. A short story, A Rose for Emil, by William Faulkner, was first published on April 30, 1930. William Cuthbert Faulkner was born in New Albany, Mississippi, on September 25, 1897. He is one of the greatest writers in America and obtained Nobel Prize laureate. As he grew up in New Albany, Mississippi, the Southern society influenced to him. Through his works such a Sartoris (book,
Tuesday, May 5, 2020
Project on Micromax free essay sample
With profound sense of gratitude and regard, we express our sincere thanks to our guide and mentor Ms Deepshikha Kalra, for her valuable guidance and the confidence she instilled in us, that helped us in the successful completion of this project report. Her thorough understanding of the subject and professional guidance was indeed of immense help to us. INTRODUCTION TO INDUSTRY AND GROWTH RATE Indias telecommunication network is the second largest in the world based on the total number of telephone users (both fixed and mobile phone) It has one of the lowest call tariffs in the world enabled by the mega telephone networks and hyper-competition among them. It has the worlds third-largest Internet user-base with over 137 million as of June 2012 Indian telecom industry underwent a high pace of market liberalization and growth since 1990s and now has become the worlds most competitive and one of the fastest growing telecom markets The Industry has grown over twenty times in just ten years, from under 37 million subscribers in the year 2001 to over 846 million subscribers in the year 2011 India has the worlds second-largest mobile phone user base with over 929. We will write a custom essay sample on Project on Micromax or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 37 million users as of May 2012 The total revenue of the Indian telecom sector grew by 7% to INR 283207 crore (US$43 billion) for 2010ââ¬â11 financial year, while revenues from telecom equipment segment stood at INR117039 crore (US$18 billion) INTRODUCTION TO MICROMAX Micromax is an Indian consumer electronics company located in Gurgaon, Haryana, India. It is in the business of manufacturing of Mobile Telephones, Tablet Computers, 3G Data cards and LED Televisions. It has 23 offices in India and an international office in Hong Kong.The company has about 656 employees. Micromax started as an IT software company in the year 2000 working on embedded platforms. In 2008, it entered mobile handset business and by 2010 it became one of the largest Indian domestic mobile handsets company operating in low cost feature phone segments. The company has a 22% market share in the Smartphone segment in India. As per IDC for Q2 2013. This transformation was steered by four friends who divided responsibilities on functional lines, which havenââ¬â¢t changed since: Rajesh Agarwal, Rahul Sharma,Vikas Jain, and Sumeet Arora. The companys product portfolio embraces more than 60 models today, ranging from feature rich, dual-SIM phones to QWERTY, touch-enabled smart-feature phones and 3G Android Smartphones. They also lay special focus on the products to enhance the customers overall experience with the device. Most of their products come with innovative packaging and bundled accessories. The company claims it has many firsts to its credit in the Mobile handset market including the 30-day battery backup, dual SIM, QWERTY Keypad, Universal Remote Control Mobile Phone etc. Micromax has presence in more than 560 districts through 125,000 retail outlets in India. The company has sales presence spread across Bangladesh, Sri Lanka and Nepal. Competitive Rivalry within the Industry Competition if healthy would bring huge success but if negative would destroy the whole industry so it should be critically analyzed for better future of the company. Micromax has a very strong position in the Indian mobile industry but few major rivals do exist in the industry like Samsung, Sony, HTC Etc. Above mentioned companies are fighting continuously to get on toà each other and avoid any sort of competition but I is still there. If we talk about marketing and advertising these companies have spent hell of their expenditures for the purpose of effective marketing and advertising and in competition they have always out performed each other. Competition is violent in the mobile industry, and this is a plus point for consumers. Provided that these companies carry on in competing with each other, consumers will persistently enjoy improving product qualities. Bargaining Power of Customers The bargaining power of customers has always been an important factor in terms of companyââ¬â¢s performance so this should be given reasonable value while accessing the companyââ¬â¢s position. Customers carry huge quantity of bargaining power concerning their utilization of different Micromax products. Although a lot of substitute products and competitors Micromax customers have very influential choices but still the quality and pricing that has been maintained by Micromax has made it very successful among the users. It is very important to understand the power of the customers and also their needs so that they can be better satisfied. This is what Micromax always cares about and that is reflected in Micromaxs strategies that are being used wile creation of new products as society has in progress of becoming more tech savvy . Bargaining Power of Suppliers Bargaining power of suppliers is very important factor to be considered in any industry as they are the main strength of the company. Micromax is now known for strong relations with the suppliers around the globe due to its immense buying power and also because of the fact that in such products quality is always important. Micromax as always focused over strong and sturdy business relations to make the ongoing quality stronger. Additionally, Micromax also presents helpful guidance to its suppliers on how to work more proficiently to decrease redundant expenses. And thus it cares of its suppliers which in return pays them off in the form of quality products. Threat of Substitute Goods Substitutes have always been in line whenever we talk about products market, every kind of product has a substitute present which leads it to the heights of competition when taken seriously. As the product is very common and frequently used product so the threat of substitutes is very high here. Like if we take the example of Airtel Mobile Network Connection the substitutes of this is Vodafone Services that serve as a competition. So Micromax has to innovate its products tremendously to stay in the market and to work efficiently for removing the threat of substitutes. We can take the example of recent innovation which are very effective and efficient factor that has been introduced in all products of Micromax. Such initiatives would make it easier for Micromax to go beyond the substitutes Threat of New Entrants If the market is attractive the new entrants would always be a threat for the company but if the market has been restricted to a limited resource and it has very few areas of improvement so it becomes difficult for new entrants to get into the market and hence monopolies exist. Although Micromax has accomplished a strong name in the Indian mobiles market but as the Mobile industry is very huge and viable; so there are a lot of companies who already entered in this market like ( Karbonn, Gionee, Lava, Xolo, Lenovo, Etc) and somehow achieved a place in the market even though they could not cross Micromax in terms of market share. Every year number of companies attempt to enter the market and strive for their share of profit and productivity in the market but very few survive. Micromax has been the leader of market for almost 2 years so now it has become a very big challenge for the new entrants to not only work over their quality but they also have to cut the share of Micromax to survive which is quite difficult. Fundamentally, Micromax is persistently on the board, and therefore the threat of new entrants is temperate.
Subscribe to:
Posts (Atom)