Saturday, May 16, 2020
Teachers Attendance Monitoring System - 9215 Words
Chapter 1 RESEARCH DESIGN INTRODUCTION Rationale of the Study Maintaining the attendance record is an important factor in people management. In the academic institute, taking the attendance of teachers on daily basis and maintaining it for a long time adds to the difficulty of this task as well as a waste of a lot of time. In todayââ¬â¢s rapid technological advancements, traditional procedures in checking, recording and computation of data becomes more and more obsolete. Today manual operations are gradually replaced by systematic procedures which eventually improve oneââ¬â¢s productivity. It is for this reason that the researchers propose a teachersââ¬â¢ Attendance Monitoring System of Asian College of Technology that is more improved and moreâ⬠¦show more contentâ⬠¦Mere attendance of the employee without any performance does not make an organization efficient. (http://www.lifeorganizers.com/?src=enhance) According to Lorreta Newman-Ford et al. (2008), monitoring employees with the aid of software is a no te worthy development in the Human Resource Management Information System (HRIS).Some of the most effective and widely implemented employee monitoring software is A-log, Activity Monitor, Net Spy Pro, Security Software, Specters CNE and Spy Tech Employees Software. These highly advanced version of software help in keeping an eye over the employee and track him in the office hours. This not only saves money but also checks any transfer of confidential information by the employees working online. These are very user-friendly software that facilities the maintenance of employee record more transparent. Irrespective of the location and geographical barrier the Managers are able to know what the subordinates are doing. Just at the click of the mouse the log in and log out time can also monitor. The employee monitoring software is more useful for controlling the field workers than desk operators. In some cases the employees are tracked using global positioning system. The data reflected by the time clock software is pen for inspection by any authority and adds value to the credibility of the HR practices of the company. This software canShow MoreRelatedLogin Logout System1073 Words à |à 5 Pagesproblem about entering the students in the school without their proper I.D, on how the security guard monitored it. In implementing a monitoring of entering the school, The guards only looking if the I.D is wearing by the students but they cannot notice that the I.D is not their own id. Well now, help is at hand with the help of computerized Log-in/Log-out system, the developers proposed to Bignay National High School Bignay-Annex, it will monitor if the information and the image in the I.D isRead MoreAnalysis Of Student Performance1552 Words à |à 7 Pageson-track predictors are established, schools must create systems that are conducive to student success. While the indicators do not offer information to specific interventions, researchers have studied those strategies that impact growth in the areas of attendance and course performance. Mac Iver, Sheldon, Naeger and Clark (2017) summarize that student performance is most impacted by quality instruction and positive classroom climate. Teacher collaboration impacts each of these elements and as AllensworthRead MoreUnderstanding Of Complex Concepts Of Information Systems1711 Words à |à 7 Pages Information systems Demonstrate understanding of complex concepts of information systems in an organisation Julius Stoerrle Wanganui High School 2015 DTM 3 Achievement Standard 91632 Wanganui High School - Information System Wanganui High School is a modern, state funded, co-educational school of approximately 1600 students and 160 staff. The school is located in Wanganui in the region of Wanganui-Manawatu, New Zealand and occupies 12 hectares andRead MoreMonitor Systems2101 Words à |à 9 PagesMonitor administration system Performance objective You will demonstrate skills and knowledge required to monitor an administration system. Assessment description In this assessment task you will monitor the implementation or operation of an administration system, modify the system as required, communicate modifications, and monitor and address training needs for the system. You will prepare a project report outlining issues and solutions, including required modification and trainingRead MoreAttendance Management System8937 Words à |à 36 Pages14 CHAPTER TWO 18 REVIEW OF LITERATURE 18 2.1 UGANDA AND ITS ATTENDANCE ISSUES 21 2.2 Northern Arizona University to Use Existing RFID Student Cards for Attendance Tracking 25 2.3 UNIVERSITY OF BOLTON 28 2.4 UNIVERSITY OF BEDFORSHIRE 34 2.5 HID R DeVry University 37 2.6 College Attendance Management System (CAMS) 41 CHAPTER 3 53 METHODOLOGY - METHODS AND MATERIALS 53 3.1 Introduction 53 3.2 System Development Life Cycle Modules 54 3.2.1 Agile Development moduleRead MoreCommunication Is The Imparting Of Information Between Two People Or More1315 Words à |à 6 Pageswrite a letter to a studentââ¬â¢s parents informing them about a problem that the business is having with their child e.g. HSFC could be having a problem with the studentââ¬â¢s attendance as its too low. This information is from an internal source as it originated from the register which is a system that runs within the business monitoring when students come in on time and when they do not. The purposes of written communication at HSFC are to Inform parents, request budget/equipment, persuade, teach, andRead MoreStudent Attendance Monitoring and Identification System Using Barcode and Sms(Study on Sms Application)3163 Words à |à 13 Pagescomputerized system in their management. Most of the schools in Isulan, Sultan Kudarat are using a manual process to monitor the studentââ¬â¢s attendance. In a manual system, teachers will take and wr ite down the studentââ¬â¢s daily attendance in the record book, then at the end of the month the teacher is responsible to update the record by calculating the percentage of studentââ¬â¢s attendance. This showed that the manual system is not strict and the student does not pay much attention to the attendance. ParentsRead MoreAttendance Monitoring Using Keycard System Chapter Ii1758 Words à |à 8 PagesChapter II Review of Related Literature and Studies SYSTEM ANALYSIS amp; DESIGN CASE STUDY PROPOSAL OUTLINE CHAPTER 1: THE PROBLEM AND ITS SETTING PAGE II 1.1 Introduction 1.2 Background of the Locale 1.3 Statement of the Problem 1.4.1 General Problem 1.4.2 Specific Problem 1.4 Objective of the Study 1.5.3 General Objective 1.5.4 Specific Objective 1.5 Theoretical Framework 1.6.5 Conceptual FrameworkRead MoreBudgeting For Student Achievement Program977 Words à |à 4 Pagespreschool, full day kindergarten, and an Honors English class for grades 7-8, a speech teacher and a guidance counselor. Laurel School is also fortunate to have three state of the art computer labs. Laurel School has a full time technology staff member and a half time technology staff member, as well as a fully staffed media center. In 1996, Laurel School was designated as a Title I School. At that time, a team of teachers, administrators, and parents began developing a Title I School Improvement PlanRead MoreUnethical Conduct : Unprofessional Conduct1223 Words à |à 5 Pagesworkplaces. It is believed that employee privacy is an ethical right and monitoring can be significant in some circumstances though it is assumed a breach of privacy. In our case study, it would be presumed that the follow-up of Mrs. Pettit by the school management was illegal. According to Thomson Reuters (2016), an employer is allowed by law to scrutinize their employees while on the job and within reason as long as monitoring will not breach the employeesââ¬â¢ right to privacy. Mrs. Petttit rights to
Wednesday, May 6, 2020
Slavery And Its Impact On American History - 912 Words
Slavery is seen as a blemish on American history, and the man who abolished it can be an idol to many. He is considered honest, and his image can be found on the penny and on the five-dollar. However, history is written by the victors, and Abraham Lincoln had no intention of getting rid of the institution of slavery. In a debate with Stephan A. Douglas, Lincoln said, ââ¬Å"My first impulse would be to free all slaves, and send them to Liberia,-to their own native land.â⬠Later on during that same debate, he said, ââ¬Å"I have no purpose directly or indirectly to interfere with the institution of slavery in the states where it exists (Abraham Lincoln 1858).â⬠Lincoln did not intend to abolish slavery nor was he committed to the idea, and he only changed his mind when his teleological ethics dictated him to. Before Lincoln took office, several states from the south created the Confederacy on February of 1861, and later on, four more states left to join them as well. They believed that the federal government was a servant of the states, and whatever rights the federal level did not have, it belonged to the states. This was because of how the Constitution failed to mention anything about slavery, and as a result, the dissenters believed that the states had the power to decide whether or not to allow it. Congress delayed the separation by enacting acts that would comprise with the pro-slave and anti-slave parties, but they could not stop the movement entirely (Dwight Lowell Dumond 1963).Show MoreRelatedNative American Slavery And Its Impact On American History2043 Words à |à 9 PagesNative American Slavery Slavery in the colonies was inevitable, but we seem to forget that Native Americanââ¬â¢s were the first to actually be enslaved by the colonists rather than the Africans. They were not treated as equals, nor respected, their land was stripped away from them bit by bit, and the only reason why they were not used as slaves throughout the majority of Americaââ¬â¢s history, was due to the fact that an unimaginable amount of them died from foreign diseases; that of which Africans hadRead MoreSlavery And The United States1507 Words à |à 7 PagesOver the centuries, slavery held a prominent factor in United States history. Slavery shaped and formed what society was in the United States. Slaveryââ¬â¢s influence impacted the United States in various ways. The ways that slavery impacted United States history are the United States economy, society and politics. Some historians argue slavery is not an important factor in United States history. However, they are wrong because slavery brought many different political movements and the Underground RailroadRead MoreMajor Themes Of Us History During Slavery Essay1607 Words à |à 7 Pages Major Themes of US History During Slavery During creation, God made man and gave him the free will to do and act according to as he pleases as long as it is in agreement with His teachings. Fellow human beings could not have control over their fellow men because it was against Godââ¬â¢s will. A state whereby one person has absolute power over another and controls his life, liberty, and fortune is known as slavery. The history of slavery dates back to creation times where the Israelites were taken asRead MoreAfrican American And The American Revolution1277 Words à |à 6 PagesAfrican American and the American Revolution ââ¬Å"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights that among these are Life Liberty and the pursuit of Happiness.â⬠The American Revolution is considered one of the greatest and most memorable eras in United States history. Colonist were under the rule of the British which eventually created a problem for them. They came to the realization that being under GreatRead MoreTime Line 21050 Words à |à 5 PagesBefore starting the Timeline project please refer to the Example Timeline Matrix document. Instructions: Complete the matrix by providing the Time Period/Date(s) in column B, and the Description and Significance of the People/Event(s) to American History in column C. See complete instructions in the Syllabus for the Module 3 assignment entitled. ââ¬Å"Timeline Part II.â⬠NOTE: The timeline project does not need to be submitted to turnitin. NOTE: Please write your answers in a clear and concise mannerRead MoreImpact of Religion on American History to 1877934 Words à |à 4 PagesEvidence throughout American history confirms religion has significantly contributed to the evolution of our culture. Multiple events have contributed, including politics, people and weather. Politics and people are widely impacted by religion. Religion is the primary cause of most wars in countries across the world. Many historians believe America was formed on the basis of religion. In this research paper, I will illustrate the impact religion had on American History to 1877. SpecificallyRead MoreEssay American Slavery938 Words à |à 4 PagesAmerican Slavery 1619-1877 Book Report History 1050 6/18/2013 Ã¢â¬Æ' Introduction ââ¬Å"American Slavery, 1619-1877â⬠by Peter Kolchin gives an overview of the practice of slavery in America between 1619 and 1877. From the origins of slavery in the colonial period to the road to its abolition, the book explores the characteristics of slave culture as well as the racial mind-sets and development of the old Southââ¬â¢s social structures. This paper is divided in two sections. The firstRead More The Origins of Chattel Slavery in Colonial North America Essay1579 Words à |à 7 PagesThe Origins of Chattel Slavery in Colonial North America There have been many illuminating studies in the field of the origins of chattel slavery in Colonial North America. Alpert, 1970; Edmondson, 1976; Jordan, 1962: Ruchames, 1967; Starr, 1973, wrote seminal studies that did much to bring insight to the subject. Goetz, 2009; Mason, 2006; Smaje, 2002; Neeganagwedgin, 2012, presented evidence that have either reexamined old questions or used new methods and approaches to ask news questionsRead MoreHow Did African American Slavery Help Shape America?925 Words à |à 4 PagesHow did African American slavery help shape America? The United States of America has historical events that underlie the primary example of a country which overcomes every adversity with courage and commitment. Several pieces of history can obviously emphasize the strength of those who inhabited this nation and shaped it into what it is today; one of which is the era of slavery. Slavery is a topic that is often rejected during the mentioning of historical events in America primarily due to the factRead MoreThe Legacy Of The Civil War1556 Words à |à 7 Pagesalong with race today impacts America in peopleââ¬â¢s daily lives, viewpoints, and relationships. In American history, religion has made a significant impact. When race joined in, the impact led to shaping Americaââ¬â¢s political development. Mark A. Nollââ¬â¢s God and Race in American Politics, reveals the profound role of religion in American political history and in American discourse on race. Noll argues that race has been among the most influential elements in Ameri can political history, religion has always
Tuesday, May 5, 2020
Role of Technology and Utilization of Space Design in Daily Life
Question: how Non-Sighted People Can be Independent by the help of Technology and Utilizing Space Design in their Day to Day Lives. Answer: Introduction Thesis How non-sighted people can be more independent Visualization through hearing Visualization through touch Application of technology to help the blind see again Designing for all Body Visualization through hearing Due to lack of vision, a large number of non-sighted people in any walks of life require a handler more so a friend or spouse to help them move around and carry out activities. The hearing ability of most visually impaired people is more refined as compared to those with eyesight because they are able focus more due to the absence of visual distractors, (Greenblatt 2008As a result, there arises the need for inventing alternative ways which can help them perform their tasks easily and with little supervision and in the long run sustaining a kind of independence Visualization through touch Utilization of touch like hearing is widely used through braille, walking sticks and canes. Apart from reading, braille can be applied to a wide range of uses for instance, in gadgets and appliances as seen in microwave buttons combined with speech, (Handy et al, 2012). Through touch a person can be able to tell the kind of surface they are walking on whether it is bare, cemented or tarmacked and once they register such information in their mind they create landmarks depending on the uniqueness of a surrounding. By the help of a walking dog its possible to walk even more easily since the dog will help avoiding obstacles and is a companion at the same time. Application of technology to help the blind see again Application of technology and research can be very transformative to visually impaired persons in not only carrying out surgical procedures to repair eyesight but also in making equipment which can sustain their independence. Corrective eye surgery, eye part implants and other procedures are being used to restore eyesight (Connor et al, 2006). Designing for all According Gomas Theil (2003), the overall design and layout of a house, office or building can very helpful to the navigation of non-sighted persons. In a house for example, one can arrange furniture and other gadgets in such a way that a non-sighted can move with ease without stumbling on objects (Gomas Theil, 2013). In addition, if they are residing with another person, they can consensually decide points where they can place commonly used items. Washrooms, offices and other relevant structures should be located at areas where they can access them easily. Summary In my research paper, I confined myself in mostly the use of technology, design and also (Connor et al, 2006). As discussed above application of hearing support through various objects can assist blind people become independent. Moreover, support in form of touch can be of help if properly implemented as discussed above. Application of technology such as Corrective eye surgery, eye part implants and other procedures are being used to restore eyesight. Finally, the use of designing for all can help various blind personalities to move freely having mastered the all the house arrangements. Conclusion With the application of the above measures they will go a long way in facilitating the independence of non-sighted persons by helping them carry out their daily routine activities with a lot of ease and evade unnecessary assistance. References Gomas, S., Theil, E. (2013). U.S. Patent Application No. 10/681,537. Greenblatt, S. L. (2008). Physicians and chronic impairment: a study of ophthalmologists' interactions with visually impaired and blind patients. Social Science Medicine, 26(4), 393-399. Handy, S. L., Boarnet, M. G., Ewing, R., Killingsworth, R. E. (2012). How the built environment affects physical activity: views from urban planning. American journal of preventive medicine, 23(2), 64-73. O'connor, G. T., Plume, S. K., Olmstead, E. M., Morton, J. R., Maloney, C. T., Nugent, W. C., ... Marrin, C. A. (2006). A regional intervention to improve the hospital mortality associated with coronary artery bypass graft surgery. Jama, 275(11), 841-846. Pain, H., Pengelly, S. (2009). Assistive devices for enabling occupations. Occupational Therapy and Physical Dysfunction: Enabling Occupation, 453.
Thursday, April 16, 2020
To Be Sympathetic or to Not Be Sympathetic Bigger Thomas Essay Example
To Be Sympathetic or to Not Be Sympathetic: Bigger Thomas Paper In todayââ¬â¢s society we live in a nation, which has abolished slavery, and the gap between the whites and the blacks during the early stages of Americas development has plainly carried into the present. In Native Son, author Richard Wright illustrates this racial gap, in addition to demonstrating how white oppression upon blacks is capable of producing revengeful individuals, not to mention being an immoral act in itself. Bigger Thomas is one of those individuals, who discovers his capacity to rebel through acts of murder against the white society, which has for long oppressed his family, friends, and himself. By tracing Biggers psyche from before the murder of Mary Dalton, into the third book of the novel, and into the subconscious depths of the final scene, the development of Biggers self realization becomes evident. Throughout the novel, Bigger commits murder twice and engages in other behavior that the reader is likely to find socially and morally unacceptable. Yet one might argue that Bigger merely responded to the conditions in which he lived and which shaped him. If one advocates such a response, Bigger might be viewed as a sympathetic character. My position, with respect to this dilemma, is that Bigger has a way to control his actions and the actions he chose come with major consequences. Although Bigger had to conceal his slave mentality, Bigger should have rebelled against the bad route in his life and chose the good path, since nobody can serve his jail time but HIM. We will write a custom essay sample on To Be Sympathetic or to Not Be Sympathetic: Bigger Thomas specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on To Be Sympathetic or to Not Be Sympathetic: Bigger Thomas specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on To Be Sympathetic or to Not Be Sympathetic: Bigger Thomas specifically for you FOR ONLY $16.38 $13.9/page Hire Writer An entire period of Biggers life, up until the murder of Mary Dalton, portrays him under a form of slavery, where the white society governs his state of being. While he worked for the Daltons, his courage to live depended upon how successfully his fear was hidden from his consciousness(44), and hate also builds on top of this fear. Once he is in contact with Mary, his fears and hate pour out in a rebellious act of murder, because to Bigger Mary symbolizes the white oppression. In addition, he committed the act, because it had made him feel free for the first time in his life(255). At last he feels he is in control of his actions and mentality. He rebels against the burden of the white mans torment. He had been scared and mad all . . . [his] life(328), until he killed Mary. After this, he was not scared of anyone, anymore. Thus, the murder of Mary Dalton serves as a turning point in Biggers life, for it breaks him free of subservience to anyone other
Friday, March 13, 2020
Ready to Eat Cereal Industry Essay Example
Ready to Eat Cereal Industry Essay Example Ready to Eat Cereal Industry Paper Ready to Eat Cereal Industry Paper Also these companies usually use promotions such as discount in order to Increase the demand. At the beginning this type of product was more inelastic because Just a few companies with less differentiated products were playing in the market. Despite still this market Is highly concentrated, through the time new companies enter to the market and actually there are private labels that are obtaining more participation in it. And not Just the increase in competitors, also the wide variety of brands have helped to increase the elasticity of its. Market Growth Since the beginning this market showed an Interesting and steadily annual volume Roth rate of 3% between 1950 and 1993, and It made this market extremely profitable. But after experiencing decades of continue growth, the demand Is slowing its growth; industry sales growth had slowed to under 2%, and it is threatened to the biggest companies. Supply Technology plays two important roles in the supply side: Differentiation and Innovation: despite the production process Is general, the differentiation between brands Is very Important. Capacity: technology is crucial to achieve the market share targeted for every single firm, because the demand is big and if one company does not have the opacity to satisfy the demand soon could be out of the market. Cost: more efficient technology helps to the deferent firm to have lower costs and obtain higher profits. Considering that this Is a highly concentrated market, where the biggest companies had been able to set the price; maintain lower costs allow them to increase their profitability, and invest more in order to obtain a higher market share. The technology needed to enter to the market is not too complex, but to do it is necessary to begin with big capacity and innovative products; conditions that Just can be achieve through technology. MARKET TYPE Truckee It begun we fewer competitors, but through the time it has been changing. Still there are few firms with the highest market share; three have more than fifty percent of the total market share. Actually there are new players that are obtaining more market share, such as private labels. Also there are a lot of buyers that are still growing, at a smaller rate than before. Due to the big and widespread demand there are a lot of channel of distribution. Major RET cereal manufacturers owned national distributions systems in each region; those distribute the product to supermarkets and other stores. At the beginning the main distributors were the supermarkets but then along the time stores such as drug stores, convenience stores and discount retailers became more important. The cost structure was low for the general process, but to achieve a competitive advantage through differentiation also means a higher cost. The biggest companies have higher costs than the small and private label, because to differentiate their products the use special package or new ingredients, that also improve quality; but it means higher costs. Is absolutely necessary in this market to add or create new value to differentiate the products, wrought the time it allow to the biggest companies to acquired higher market share, because they were always innovating and creating different brands. The biggest firm in this market is Kellogg and it has 40 brands, and this allow it to reach different market segments. Conduct The three biggest companies had been able to increase the price when they want and the amount that they want, increasing the gap with private labels. At the beginning they were able to do it because there were few competitors in the market; but then to continue setting the price they had to invest a lot in promotions, RD and genealogy in order to differentiate their products. Also they use some promotion strategies such as discount to retailers and cash payments for especial in-store promotions, cooperative advertising, large sales staff, and these firms also encouraged supermarkets and other retailers to adopt a shelf space plan that ensure that their products will obtain the better position. Media expenditure in RET cereals had been always among the most advertising intensive of all industries. Through these actions those companies achieved high awareness in the demand, but loyalty is official to have because of the diversity of brands and the intensive promotion. Other action that has been common in this market is Co-branded, some of the biggest companies are producing and distributing new products but with another company brand name in order to achieve distinctiveness. All these tactics are necessary in order to achieve differentiation, because there are huge amounts of brands. This is one of the most important reason why is difficult to enter to this market, because fewer companies with the highest market share have so many brands that are almost covering all the segments. Innovate and create new products is a real challenge because the amount of different products. Another barrier is the relationship that these firms have with the distributors; obviously the distributors prefer give preferential treat to those firms that during years have had big volume sales. Finally other important barrier is the capacity of these companies to increase tenet marketing Ana promotions techniques. When a new company wants to enter to the market, will have to invest a lot if it want to achieve the market share wished. All the market power that those few companies have allowed them to practices illusion. Over time when one of them increases the price the others firms increase the price; and they used it practice to set other strategies such as promotion too. It has been change in the last year, and due to the new conditions of the market: slowing demand and enter of private labels, the biggest companies will have to change their strategies. Performance The largest cereal manufacturer were extremely profitable, their obtain ROARS between 15 and 30%. The high prices that were charge to consumers, and the increasing demand over years help to this companies to achieve such profitability. Generally to satisfy the demand and reduce cost a single plant produce many brands of cereal and the production process is relatively similar for all cereals; so the main source of scale economies was bagging. But due to the necessity of differentiate the products, new products had been developed and by the way new technology. Because the keys to success in this market are differentiation and it Just could be achieve through improvements in technology, and satisfy the demanded volume that also is related to the technology that is used. That is the reason why progressiveness s important and Justifies the 1% of gross sales that is spending on RD; percentage that is high compared with the 0,7% that is invested in the industry. Continuously development of new products with better characteristics increases the quality of the products that is usually used to segment the market. 1. What can you say about the market concentration of the companies in this industry? Few companies have the higher market share that gives them the market power to set prices; and it is persistent through the time, for example Kellogg continue being the firm with the higher market power. It situation was generated cause since the beginning they invest a lot in marketing, promotions strategies and RD compare with other companies. Also they created strong relationship with some important actors in this market such as the retailers and distributors that ensure the better shelf space for their products. The increasing demand and the low cost of the general process, allow them to accumulate big profits and be able to offer huge discounts or implement aggressive campaigns. With all this things in favor of these companies they were able to create high awareness in the market and control the market between them. Such as the demand was huge and increasing, one company was not able to satisfy all the volume demanded and that is one reason why they used collusion as a strategy. 2. Why has RET cereal been such a profitable business? What changes have led to the current industry crisis? There are three main reasons why this business is so profitable: 1. These companies are highly profitable because the process to produce cereals is simple and required high costs. The higher cost in which this companies incurred were in those characteristic that differentiate their products such as the package or an additional ingredient for example. . Also the ability to allude and set high prices allowed them to increase their marginal contribution. When one company increase the price the others companies also do this. 3. The nudge anemia Tanat was Increasing over time. I en volume anemia allowed to tense companies to recover fast some investment such as RD, increase in capacity, new technology. Also these companies were always innovating and satisfying new segments market. That diversification of brands permitted them to obtain the high market share and by the way obtain high profits.Ã But with the current crisis they will need to differentiated more their products in order to maintain their market power; ND if the sales continue falling down then they will have to reduce the price in some brands in order to maintain the volume sold. Other aspect that could be affected is the relationship between these big companies (collusion), because with the reduction in sales due to the decrease in demand and the entry of new competitors (private labels) could do more difficult move together in the same direction. 3. Why have private labels been able to enter this industry successfully? How do the cost structure of private label and branded cereal manufacturers differ? They were able to enter in his market because the process is simple, the basic technology needed is also available, and by the way this process is easy to be copy for others firms; also cost were low (in the general process). These characteristics allowed them to begin operation and enter to the market in a pacific way; for example, they compete with the biggest companies directly because they are oriented to different market segments, and their products are simple and cheaper with low quality raw materials. These private label has lower cost than the biggest companies because invest huge amount of money in RD, they are Just copying what once he bigger companies did. The unit cost is lower not Just because of the low quality raw material but also because they use simple package, they produce in less quantities, they invest a lot in marketing and promotion; and all these things make their cost structure totally different. It means that they were able to satisfy low end segment market, that before satisfy for big companies due to the higher prices that these were charging. And this passive strategy allowed them to capture slowly that market share. 4. What does General Mills hope to accomplish with its April 1994 reduction in trade promotion and prices? They know that the demand is been decreasing and it will represent for them less sales revenues, so in order to maintain or improve the profitability they need to reduce cost. Over years they had been investing a lot in promotion and marketing, and its brands have certain level of awareness in the market, so the reduction in the budget for strategy promotion in the short term could not affect its demand. Also the reduction in prices will allow them to attract new customers and preserve its actual costumers. In this way they can ensure the sales volume. With all these action they can expect an increase in market share that at the ND means increase in profits. 5. What are the risks associated with these actions? How do you expect General Mill? competitors to respond? The main risk associated with this action is a price war, because considering the reduction in sales growth rate and the entry of competitor such as private labor, the other companies will try to reduce their prices too. And the problem for General is that the other competitors can make a Digger reaction In prices, Ana In tans way ten price can Tall down until a level that they will not be able to achieve its objective of improve profits. Decrease a lot the ricers represent a hazard for it because a big company as Kellogg can implement an aggressive strategy to respond to it, and can have negative results for General Mills. In this situation the demand will be beneficial because of the reduction in prices, but at the same time a high reduction in price could pressure some firms to get out of the markets, or the companies could lose the incentives to invest high amounts in RD. 6. What should General Mills do? If they want to pull some firms out of the market they can reduce the price, but due to the risk associated is better continue with the reduction because in he future will be more difficult to increase the prices again. Reduce cost is also important, but to maintain that policy with those promotion strategies could represent lose in awareness and by the end in market share too; so they need to balance it and try to be out of the standard of the industry. Another important point is continuing innovating and differentiating its products because that characteristic that defines the market competition over time is not going to change, at least in the short term. Despite the demand is decreasing, those companies who will be able to maintain competitive advantage will remain in the market.
Wednesday, February 26, 2020
Impact of customer motivation on profitability of financial Essay
Impact of customer motivation on profitability of financial institution in Oman - Essay Example Without these people this work would not have come to a smooth completion. May the Almighty Allah bless you all and protect you. Research findings have potent that customer motivation is an essential ingredient in the performance of a financial institution all over the world. It has been shown by business research that well satisfied customerââ¬â¢s guarantees at least 2% increment in business profitability by the end of every trading year. Customer satisfaction reduces the cost of business operations on advertizing by over 5% every year according to research findings. This is because a satisfied customer is an advertisement to a business by itself. This research study is aimed at finding the motivational tools used by financial institutions in Oman in achieving their financial objectives. The objective of this study is to evaluate customer motivation techniques in Oman banks and other financial institutions. It focuses on the influences of these motivations to the achievement of these institutions goals and objectives. Business experts have agreed to the fact that businesses that invest in customer motivat ion more often than not makes high profits than those that do not. Over a long time financial institutions have adopted the idea of treating customers as assets. This has therefore necessitated the need to measure the value of the customer and the value customer by financial institutions. This also has provided several institutions with the need to identify opportunities for the growth of the customer value and the return of investment on customer base and loyalty to an institution. Such findings often are seen as the basis of employee actions in the creation of the values that attracted and increased the customer base in an institution. The achievement of such objective requires the development of appropriate incentive
Sunday, February 9, 2020
Synthesizing two books regarding business Essay - 1
Synthesizing two books regarding business - Essay Example Managers are directed by professional and technical competence while leaders should be drivers for change and capable of inspiring people to greatness by converting talent to competence. He seeks to answer questions such as; What is the difference between leaders and managers? and What drives great leaders to their success? On the other hand, Sun Tzuââ¬â¢s ââ¬Å"Art of Warâ⬠explores the subject of war, which is not particularly different from the contemporary business environment. He focuses on the importance of strategy and effective leadership in war and tries to answer questions like; When is it worth going to war or making peace? He proposes that one must understand their enemy and like Buckingham, he talks about leveraging on ones strengths to ensure they get the upper hand. However, his methods tend to be rather Machiavellian, as he advocates deception where necessary if it aids oneââ¬â¢s side achieve victory. According to the art of war, a great leader will know his strengths and weakness as well as those of the enemy (Tzu 50). Therefore, he will leverage on his knowledge to both take advantage of the battle and assume control over the environment subsequently securing victory. Admittedly, given that people who lived centuries apart wrote these books, they have little in common in respect to the cultural or even social experience. Nonetheless, from a business perspective, distinct similarities emerge in the underlying themes that both authors express in their works. Both books are focused on achieving victory; while the art of war is a military book it has been used by business students for hundreds of years because of its timeless and effective lessons. It advocates leveraging on ones strengths and the weakness of the enemy, which is essentially the same idea proposed by Buckingham. In Buckingham book, he proposes that great leaders must strive to understand their
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