International Business - Bicycles and Economy Essay

International Business - Bicycles and Economy - Essay Example The era which was about providing a core product to the customer has gone far behind, also the era of providing the actual product has merely ended, and customers now have more willingness to get the augmented product, which means few frills attached services along with the product as well. Keeping the customer's preferences, likes and dislike, the launch of a cycle would not be that unusual, but the idea is to prepare a plan that could lead to success in various countries. The country selection for the launch of our product is a critical decision, one cannot simply expect to have our product launched in any country and yet it remains a successful launch. Bicycles are common modes of transportations used worldwide specially by students and also people who love racing on bicycles, therefore neither a small country can help us launching our product, nor a big country having a lot of poverty in it can. We all have to think keeping the nature of product and nature of market in the mind. "As the world's economies become more integrated and international business becomes more globalized, the nature of international business management concerns changes as well. New areas of international business research have arisen that could not even have been imagined by observers twenty-five years ago"(Ricks, Wright 687, Vol 25: 1994). The product now has to be la... ntries in which it could gain some market, according to the visual analyses, which should be very accurate, the three countries in which the product should be launched are, United Kingdom, Australia and South Africa. The reason of not launching the product in the countries that are below poverty line is simple, we cannot expect those countries to use our product that are having much lower class which is using cycles that are just serving as a core product, due to poverty these countries might not have been able to afford our product, and also there is a good competition in such countries with their privately made bicycles which people over there are use to. There are however different sort of issues in launching the product in the above mentioned three countries but yet the reward is likely to be fruitful, as these countries serve as a base to make the product well known through out the world and sooner if launching would be successful in these three countries then the product is going to be launched internationally and we are likely to have more contracts from the other countries as well. The most prominent reasons for launching the product in these three countries are that, the people living there are mostly on foot and students use bicycles for traveling short distances, also racing is another feature of these countries, cycles are used commonly in having races there. The other reasons for launching the product in these countries might be related to the economy and living standards, as I have earlier mentioned that our product would not be launched in the countries that are below poverty line, so launching them in much stable countri es is a very good options. It is difficult to say that the economies of these three countries would be anymore disturbed by our

Restaurant With A Difference Case Study Essay Example | Topics and Well Written Essays - 2500 words

Restaurant With A Difference Case Study - Essay Example The presence of combination of thoughts of both is necessary in the strategies they adopt for implementing in their restaurant business. Any business including restaurant depends on finding the fact that customer really wants. In that sense, Mark is correct and he devised a way to know what most of the customers like to have. Gross. T. Scott cites Tom Peters' MBWA (management by walking) that helps in finding out what customers want. Mark's proposal is a combination of both technology and walking to the customers that is followed by a system that finds out the most favored dish by the customer. (Gross, T. Scott, 2004) However, a strategy is necessary with the proposal of Mark as Restaurant business involves innumerous number of food service operations. There is still market for a new comer with innovative ideas in food-service business. The strategies regarding Restaurant business of Mark and Jenny will help in keeping in view the changing lifestyles and driving the surge in food service business. However, the strategy regarding serving the fresh food is absent in the idea of Mark and they have to include that aspect into the strategy of their restaurant business. In addition to serving on cite, the restaurant has to find more methods to sell the food that needs no dishes to wash if used at home. This needs new packaging techniques for the food that is sold as a parcel. This is keeping view the fact that the singles, working parents and elderly demand a greater convenience in buying their meals and are turning to operations that provide that convenience. Therefore, the operations of restaurant bu siness of Mark and Jenny should include innovative food service and packaging procedures. One more aspect that needs attention in the strategy is planning as lack of planning may result in losses in I year of the initiation of the business. The important aspects in the strategy of the restaurant business are quality food, good service and great people to serve. The strategies should keep in view the diners you can satisfy. In this aspect, Mark is right and Jenny is little bit pessimistic. As no body can please everybody, the important aspect in the strategy of a new restaurant business is to find out the real percentage of the customers you can attract and the percentage of the market you can capture. When you are targeting on casual food customers, you may not be perfect in attracting formal customers. So, one has to keep in view the type of customers and percentage of market they are going to target. (Lynn, Jacquelyn, 2001) Human Resources Any successful entrepreneurs in Hotel/Restaurant Business have to embrace key principles to determine the customer's expectation and in that sense, Mark's approach and idea is up to the mark. The Human Resources should maintain quality initiative. The strategies depend on initiatives. The appropriate management, business balance, performance challenges are the aspects that need consideration while framing Human Resource strategies. The HR strategies should include the employee encouragement techniques that can increase the quality that employees offer (D'Annunzio-Green, Norma (Editor), 2002). Technology Necessary for Restaurant The foremost technology that is necessary for every business is

Chinese literature response 2 Essay Example | Topics and Well Written Essays - 500 words

Chinese literature response 2 - Essay Example And still it turns out to be a psychological novel that can marvel any European novels of that time .The advantage of the novel in traditional Chinese literature was that, it only held a peripheral position in the literary system. Thus novelists could explore new themes with more freedom, from which the orthodox modes of writing shied away. â€Å"The story of the Stone† is a typical example of a novel exploring poetically the unorthodox themes, of romantic, passionate love and emotions in the Chinese classical literature. In its opening itself the novel introduces the main theme of passionate love. It begins by telling the reader about a magical stone that can move by its own, change size and can even talk. It was cast off from the heavens by the Goddess Nu-Wa who was repairing the sky with stones. This particular stone was the only excess one left when she finished her work. The stone had magical qualities because it had been touched by a Goddess. The magical stone was distained to be incarnated into a human being. As the stone waits for its future destiny, near a pond it falls in love with a flower. The theme of love is thus introduced at the very beginning of the novel. The stone gets incarnated as the minor noble man Jia Bao-yu of the influential Jia family, a cultured wealthy family in early Qing dynasty China. The flower gets incarnated as Lin Dai –yu who is related to the Jia family but is a commoner. The novel centers around these two teenagers, who though unaware of their heavenly ori gins, try to come to grips with the human destiny on earth through very ordinary daily events in their lives. The caricature of Jin-Bao-yu is interesting and unique. He is the heir to the family. He is handsome, but very impertinent. The heir of the family should get very high education and pass the civil service examinations. But he is a spoilt boy, spoiled by his grand mother. While all boys of his age study, he spends time in the women’s quarters enjoying the

Outsourcing IT Essay Example | Topics and Well Written Essays - 750 words

Outsourcing IT - Essay Example The three main outsourcing options are domestic outsourcing, offshore outsourcing, and mixed outsourcing. I feel that the best choice of these three is domestic outsourcing because there are few disadvantages for telecommunication firms. Outsourcing—the New Economic Answer to a Tattered World Economy How can outsourcing be defined? Well, outsourcing is the process of hiring workers outside your business to carry out the various tasks needed for your business (Baxter, 2011). The telecommunications industry is faced with the issue of outsourcing all the time. These types of businesses need to calculate whether it is economically viable to hire home country staff or outsource the work overseas. In order to determine this, we will review some of the advantages and disadvantages to contracting out work that is normally done from within and by company employees. Some of these reasons include reducing overall costs, scalability, ability to focus on critical business needs, and legal tax benefits. Outsourcing enables a company to access global talent at a fraction of what it would cost to hire an employee (â€Å"When is Outsourcing not Outsourcing?† 2004). Because the economy in a shambles, bailouts are running rampant, and the price of gold is going through the roof, many businesses are electing to hold onto their money and not expand the company. Hiring contract workers can be very advantageous because you can help remove legal liability, get the job done faster and cheaper, and fire and or change-out new people/talent at will. There are many different types of outsourcing, but none of them are a fit for all. This paper will discuss different options and will make a business recommendation for CEOs in the telecommunications industry. In general, telecommunication corporations need to reduce overall costs and increase profit margins for shareholders and in an uncertain and confused economy at that. The introduction of Eastman Kodak outsourcing may have c leared-up some of the muddy waters and given business executives some of the incentives they need to take outsourcing to a whole new level (Earl, 1996). As an example, I will use information technology for my outsourcing project because IT outsourcing is a typical make-or-buy decision. Here are some of the positives and negatives of outsourcing shown in the table below: Advantages Disadvantages Flexibility Security Scalability Job displacement Tax incentives Poor customer service Legal liability Culture and language barriers Overall cost reduction Poor quality control Selecting an outsourcing provider is a definite challenge for telecommunication problems. There are many options and none of them will accomplish all your business requirements (â€Å"Offshore Outsourcing Models, 2007). This means that tradeoffs are necessary. Here are three options I have chosen for my research paper: A. 1. Option 1: Domestic outsourcing: This is where a company contracts out work to another company that is located within the same country. A.2. Option 2: Offshore outsourcing: Offshore outsourcing occurs when businesses outsource work or even entire departments to foreign countries. A.3. Option 3: Mixed outsourcing (offshore companies with your country’s business presence): This is a mixture of the previous two options where work is contracted overseas but under the supervision of the local company’s business operations (Quinn and Hilmer, 1994). When making

Effective communication with customers and staff Essay

Effective communication with customers and staff - Essay Example I am a customer – oriented person and I fully realize that any business environment needs to be designed under the scope of serving customers’ needs and expectations. I believe that the customer lies at the core of managements’ concern and agenda and for this reason I am focused on delivering customer satisfaction by being willing to listen to their complaints, eager to find solutions to their addressed problems and focused to delivering overall customer satisfaction. I have strong interpersonal skills which allow me to sympathize with others and understand their concerns or queries while at the same time I am confident in my interactions with the customers. I am a goal – and – performance oriented person and I am intrinsically motivated to achieve organizational objectives. I enjoy working in an environment that offers interactions on both levels – customers and employees – and I have developed strong communication skills. My leadership orientation will offer significant advantages to the store as I can inspire and motivate others to share a common vision for the company and the company’s goals and objectives. Through team work I can empower employees to engage to the organization and participate so as to achieve strategically and effectively the mission targeted.

Application Architecture Case Study Example | Topics and Well Written Essays - 1000 words

Application Architecture - Case Study Example This is done using special Internet addresses that have been reserved for this purpose. These special addresses are invalid in the Internet itself. The hosts using these addresses may communicate among themselves, but they cannot access the Internet directly†. NAT In order to make it easy for the network administrator, the NAT translates all the personal and confidential IP addresses into inclusive IP addresses. This will require an incremental change devoid of host and routers modification. Furthermore, the NAT has its own drawbacks for instance; its performance is slow since each packet is processed before translating it. Therefore the ‘IP traceability’ also becomes complicated because data packets are hard to trace. 3 Tunneling Tunneling is also referred as port forwarding. Port forwarding is often used for establishing a secure data channel from head office to the remote office corporate network by utilizing the Internet. One of the methods for deploying a tunn eling protocol is to configure the WAN connection with port number along with allocation of the required service. For example, for accessing remote desktop for a payroll application, port number 3389 will be used with the service named as ‘RDP service’ along with the specific IP address of the computer. As discussed earlier, PPTP developed by Microsoft. Likewise, PPTP is required for transmitting encrypted data over the VPN. Besides, no data encryption is available on port forwarding configuration as compare to tunneling because every tunneling route needs to be defined. This may create complex configurations that are difficult to manage. 4 Access Control List In a router, firewall, multi-layer switches etc.; the Access Control List is characterized. If a data packet attempts to pass through a router, it will take in security rules and policies. In the same way, the user’s rights on the files and directories are identified related to the ACL operating system. In order to check quality, the files and folders are read, write and executed. Thus, the ACL offers security for the network data administration, system files and folders. 5 Sub Netting Sub netting is described in â€Å"document RFC 950, originally referred to the subdivision of a class-based network into sub networks, but now refers more generally to the subdivision of a CIDR block into smaller CIDR blocks† (Subnetting, n.d). In IPv4, a single subnet only encloses 254 assignable IP addresses. The issues related to the broadcast are always triggered, generating network congestion and disruption in services. Therefore, these IP addresses should be managed properly in order to control congestion. However, o overcome the above mentioned issues, the IP addresses are divided into smaller class C networks for better performance related to network management and security. In addition, to operate a corporate network, sub netting is needed in order to allocate private IP addresses to inb ound networks as the global IP addresses are limited. The global IP addresses can be configured on the bases of WAN (Wide Area Network) devices. 6 Virtual Local Area Network (VLAN) The Virtual Local Are

Base De Madeira Essay Example for Free

Base De Madeira Essay The advent of internet and ecommerce revolutionized many a things, one of which was the way traditional trade was done. Ecommerce reshaped trade for every player in the supply chain. Businesses need to have an established online presence in order to maintain a competitive edge in terms of innovation and keeping up with evolving customer demands. Lifestyles of customers have evolved quite rapidly because of which businesses have to adapt to these changes and learn new ways to reach their customers. Customers have realized that they can work, study, play, and even shop online. Ecommerce is what helps businesses to effectively sell their products online. Purpose The objective of this project stems from the above premise. We are proposing an online shopping store for furniture, which will help customers to shop for furniture online, just like they would be able to, in a physical, furniture store. The whole purpose of â€Å"Base De Madeira† is that people can buy unique, exclusive and one of its kind furniture items and accessories online in a safe environment. To facilitate this online purchase, a whole computerized setup must be established. This proposal aims to define the scope of the problem at hand (establishment of the furniture shop online), and the solution in terms of technical, functional and non-functional requirements. We shall also provide various business and activity diagrams for the project, to define the scope of the online furniture shop. Scope and specification The whole idea of â€Å"Base De Madeira† as stated above is facilitating customers’ buying. In accordance with this idea, the main software to be produced for establishing this computerized setup is the customer database, stored on the web-server, which is to be automatically updated at the back-end, through the website at the front-end. There will be a membership module where people can login and do their shopping online, through browsing, searching, and putting products and accessories in the shopping cart. Moreover, admin can login as well where they can manage the database for inventory, orders and payments. We shall have a product display module where customers can search products and browse through a catalogue that can be updated by the data entry clerks for additional stock available and new products and features added. This database is tied in with the inventory management database. Another main aspect of the software will include the inventory database stored on the web-server which is again automatically updated when a purchase takes place, although all new inventory items and some old ones will be updated by the data entry clerks, through the management side’s front-end interface, on the server side of the whole application. Additionally, order management will take place through this inventory database, and it will include ensuring items are adequately stocked and available to the customers. Therefore, to manage orders and inventory, the database will have to be one that incorporates both sides of the business. Other than that, we shall have a payments module that keeps track of invoices, generating them, along with management of a shopping cart that incorporates discounts and special offers.