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E Commerce And The Distribution And Retail Levels Since...
It is very much true and not a faction that the increased utilization of eMarketing/ mMarketing is
accelerating the elimination of resellers at both the distribution and retail levels since internet has a
great power and created a revaluation which to drastically altered and change the equilibrium of
influence between consumers, retailers, distributors, manufacturers and service providers; where
some win or gain and some lose (Hollensen, 2013).
The e–commerce in many industries added more pressure to the physical distributors and dealers of
goods and services since it became more user friendly and convenient to order these goods and
services online from various resources while comparing the prices at the same time.
On the same issue the disintermediation process, led to some channel conflict or rate parity issues
(Hollensen, 2013). In the hospitality industry with the elimination of some traditional booking
channels such as travel agencies as well as Consortia, and Mega wholesaler as the traditional
'physical' distributor or Third Party Intermediaries (TPI) to the room booking, new types of
intermediaries emerged which is called "online Travel agencies OTA or Opaque Channels.
I have bowered Hollensen Figure 16.8 Disintermediation and reintermediation to show the changes
to the industry in the past decades (Hollensen, 2013, p. 588).
It is a public knowledge that Hotels have a fixed inventory of perishable products– room nights
available for sale on any given date
... Get more on HelpWriting.net ...
E Commerce And The Distribution And Retail Levels Since...
Main Trends of Wholesale Banking
Identify and critically appraise the main trends that have taken place in corporate and wholesale
banking over the past twenty years or so. In your answer make a critical appraisal of the effect these
trends have had on the nature and structure of the industry The recent two decades witnessed the
great change in the financial world. In the past, the banks might are limited with the ability of
exchange foreign currency, but nowadays, it is available to exchange foreign currency at any time in
most of the banks. In the past, a majority of Chinese might have no idea about HSBS, however,
there are 108 branches of HSBS in China now. In the past, the banks did not sell stocks in the
market, to the contrary, nowadays many commercial banks had ... Show more content on
Helpwriting.net ...
New financial instruments are in need because of the unpredictability of a great number of factors,
ranging from oil price, interest rates to inflation. With the application of high–tech financial
instruments, the bankers are able to predict the future market and make proper decisions. Last but
not least, in accordance with the Financial Services Authority (FSA) annual reports, "regulation will
act as a catalyst for improving significantly the operational infrastructure of the market and
modernizing the business models of many firms". In the other words, the function of regulation is
avoiding the banks to pursuit profits by taking advantage of some deficiently regulated markets.
Therefore, it can be concluded that the factors, which are the rise of information technology, the
instability of financial environment and the demand of regulation, determine the trend of financial
innovation which can offer convenience and protection to both the banks and the customers.
International banking has expended during the recent decades, and the following graph illustrates
the increasing importance of the international financial activities. It can be seen that both the foreign
claims and international claims take more and more percentage of the GDP. What can be account for
this trend? As what mentioned by Matthews and Thompson, this phenomenon was caused by both
"push factors" and "pull factors". More specifically, they believed that the "push
... Get more on HelpWriting.net ...
E Commerce And The Distribution And Retail Levels Since...
Travel Agency Supply Chain Essay
Supply Chain in the Travel Industry The travel industry is an industry that is in constant change. It is
the type of industry that must change with the times, including how it conducts business, how it sells
its products and services, and how each link of their supply chain works and connects with the rest
of the chain. While each brick and mortar location and travel website are similar to their counter
parts, each one has a varying supply chain they use in order to get their product and services to the
customer. We will take a look at how a brick and mortar travel agency uses its supply chain, and
how changing to a website location can and will affect their supply chain.
Supply Chains Let's begin by understanding what exactly a ... Show more content on
Helpwriting.net ...
Their offices would include customer service agents, also known as travel agents, at desks and
computers ready to punch in when, where, and what you wanted to do on a trip. Their offices would
be filled with posters of exotic locations and pamphlets full of information and ideas to make your
vacation perfect. In order to provide this service to the customer, the agency would begin by making
deals business to business with the airlines, hotels, cruise lines and car rental agencies. Their supply
chain would begin with those businesses by making deals that they would use their products when
arranging plans for their customers. Their supplies would include contractual agreements, as well as
informational brochures. For instance, a travel agency would make a deal with certain hotels to try
and use them when reserving rooms for their customers. The hotel would then give the travel agency
a commission off the room as payment. Business to business links would also come in the form of
finding locations to rent for their offices, as well as places to purchase their office furniture and
computer systems. There would be the need for travel agents for serving the customers, as well as
advertising and distribution of information to potential customers. Hotels, airlines, car rentals, cruise
ships, and cities visitor bureau would all make deals with the agencies in order to have their
information posted within the agencies
... Get more on HelpWriting.net ...
E Commerce And The Distribution And Retail Levels Since...

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E Commerce And The Distribution And Retail Levels Since...

  • 1. E Commerce And The Distribution And Retail Levels Since... It is very much true and not a faction that the increased utilization of eMarketing/ mMarketing is accelerating the elimination of resellers at both the distribution and retail levels since internet has a great power and created a revaluation which to drastically altered and change the equilibrium of influence between consumers, retailers, distributors, manufacturers and service providers; where some win or gain and some lose (Hollensen, 2013). The e–commerce in many industries added more pressure to the physical distributors and dealers of goods and services since it became more user friendly and convenient to order these goods and services online from various resources while comparing the prices at the same time. On the same issue the disintermediation process, led to some channel conflict or rate parity issues (Hollensen, 2013). In the hospitality industry with the elimination of some traditional booking channels such as travel agencies as well as Consortia, and Mega wholesaler as the traditional 'physical' distributor or Third Party Intermediaries (TPI) to the room booking, new types of intermediaries emerged which is called "online Travel agencies OTA or Opaque Channels. I have bowered Hollensen Figure 16.8 Disintermediation and reintermediation to show the changes to the industry in the past decades (Hollensen, 2013, p. 588). It is a public knowledge that Hotels have a fixed inventory of perishable products– room nights available for sale on any given date ... Get more on HelpWriting.net ...
  • 3. Main Trends of Wholesale Banking Identify and critically appraise the main trends that have taken place in corporate and wholesale banking over the past twenty years or so. In your answer make a critical appraisal of the effect these trends have had on the nature and structure of the industry The recent two decades witnessed the great change in the financial world. In the past, the banks might are limited with the ability of exchange foreign currency, but nowadays, it is available to exchange foreign currency at any time in most of the banks. In the past, a majority of Chinese might have no idea about HSBS, however, there are 108 branches of HSBS in China now. In the past, the banks did not sell stocks in the market, to the contrary, nowadays many commercial banks had ... Show more content on Helpwriting.net ... New financial instruments are in need because of the unpredictability of a great number of factors, ranging from oil price, interest rates to inflation. With the application of high–tech financial instruments, the bankers are able to predict the future market and make proper decisions. Last but not least, in accordance with the Financial Services Authority (FSA) annual reports, "regulation will act as a catalyst for improving significantly the operational infrastructure of the market and modernizing the business models of many firms". In the other words, the function of regulation is avoiding the banks to pursuit profits by taking advantage of some deficiently regulated markets. Therefore, it can be concluded that the factors, which are the rise of information technology, the instability of financial environment and the demand of regulation, determine the trend of financial innovation which can offer convenience and protection to both the banks and the customers. International banking has expended during the recent decades, and the following graph illustrates the increasing importance of the international financial activities. It can be seen that both the foreign claims and international claims take more and more percentage of the GDP. What can be account for this trend? As what mentioned by Matthews and Thompson, this phenomenon was caused by both "push factors" and "pull factors". More specifically, they believed that the "push ... Get more on HelpWriting.net ...
  • 5. Travel Agency Supply Chain Essay Supply Chain in the Travel Industry The travel industry is an industry that is in constant change. It is the type of industry that must change with the times, including how it conducts business, how it sells its products and services, and how each link of their supply chain works and connects with the rest of the chain. While each brick and mortar location and travel website are similar to their counter parts, each one has a varying supply chain they use in order to get their product and services to the customer. We will take a look at how a brick and mortar travel agency uses its supply chain, and how changing to a website location can and will affect their supply chain. Supply Chains Let's begin by understanding what exactly a ... Show more content on Helpwriting.net ... Their offices would include customer service agents, also known as travel agents, at desks and computers ready to punch in when, where, and what you wanted to do on a trip. Their offices would be filled with posters of exotic locations and pamphlets full of information and ideas to make your vacation perfect. In order to provide this service to the customer, the agency would begin by making deals business to business with the airlines, hotels, cruise lines and car rental agencies. Their supply chain would begin with those businesses by making deals that they would use their products when arranging plans for their customers. Their supplies would include contractual agreements, as well as informational brochures. For instance, a travel agency would make a deal with certain hotels to try and use them when reserving rooms for their customers. The hotel would then give the travel agency a commission off the room as payment. Business to business links would also come in the form of finding locations to rent for their offices, as well as places to purchase their office furniture and computer systems. There would be the need for travel agents for serving the customers, as well as advertising and distribution of information to potential customers. Hotels, airlines, car rentals, cruise ships, and cities visitor bureau would all make deals with the agencies in order to have their information posted within the agencies ... Get more on HelpWriting.net ...
  • 7. Executive Summary: Target's Selective Distribution Strategy For Target, the distribution strategies they are employing are primarily a the moment selective distribution although they also use intensive and exclusive distribution methods as well (Solomon, Marshall, & Stuart, 2018). For instance, they use exclusive distribution when they market specific brands such as the K–Beauty product line which they promote in their stores (Get Your Glow On, 2017). Comparatively, though Target uses intensive distribution when they purchase in bulk from wholesalers throughout the world and then distribute the products to each store (Solomon, Marshall, & Stuart, 2018). In particular, when large retailers who have as many outlets as Target does buy in bulk they are able to use competitive pricing to their advantage. Another strategic move they can capitalize on is the placement of product where the majority of consumers view the item upon visiting the establishment. Now, Target is attempting a new tactic by using selective distribution in that they are selecting specific brands to carry in their stores and reorganizing shelf space accordingly (Solomon, Marshall, & Stuart, 2018). The reasoning behind their change in policy is that there are several other outlets in ... Show more content on Helpwriting.net ... First off, they want vendors who sell case items that match the spacing on the shelves, so less overage being placed in necessary storage space (Wahba, 2016). Secondly, they search for vendors who will honor single day delivery which allows stores to control inventory (Solomon, Marshall, & Stuart, 2018). Notably, for the company, this allows them to free up warehouse space and allows them to concentrate on items that provide a higher profit. At the same time, the selective method cuts back on employees needing to over handle products while stocking shelves. In turn, these practices will help in preventing out–of–stock issues where customers end up going elsewhere to purchase ... Get more on HelpWriting.net ...
  • 9. The Future of Scholarship Essay The Future of Scholarship Introduction: The development and rapid movement in the field of technology has changed the face of modern society from what it was twenty years ago. Information and communication technologies have changed dramatically even in the last ten years. Electronic mail, listservs, and the Internet, to name a few, are all parts of the new technology that is re–defining scholarly communication. In her article entitled "Scholarly Communication" Christine Borgman states that "[r]esearch was clustered around three variables: producers of the communication . . ., artifacts of communication . . . and communication concepts." (146) The impact of the new communication technologies to scholarly communication cannot be ... Show more content on Helpwriting.net ... The division of knowledge into disciplines, however, doesn't impose a pre–ordained order and doesn't easily transfer to the modern workplace. Many reports have stressed the importance of incorporating interdisciplinarity into the undergraduate experience at the research university." (13) Elsewhere she states that "[d]isciplinarity is specialized scientific exploration of a particular homogenous subject matter, producing new knowledge and making obsolete old knowledge. Therefore, disciplinary activity results in continuous formulations and reformulations of the present body of knowledge about the subject matter." (Coleman "The New Scholarship" 1) With this in mind, interdisciplinarity occurs when "curricula and/or research and innovation are organized around a problem that is too broad to be studied/solved using just the methods and knowledge in one discipline (Coleman "Interdisciplinarity" 9) When such a problem is addressed within the scholarly community, interdisciplinarity leads directly into collaboration. Maria Bordons and Isabel Gomez define scientific collaboration as "two or more scientists working together on a joint research project, sharing intellectual, economic and/or physical resources." (198) This definition however, can easily be expanded to all areas of the scholarly community. As more and more interdisciplinary and collaborative teaching and research occurs, there ... Get more on HelpWriting.net ...
  • 11. Advantages And Disadvantages Of BFSI Management DLT–DRIVEN BFSI TECHNOLOGICAL CONVENTIONS INTRODUCTION Globally, the BFSI sector is of immense prominence to the world economy as it generates over a third of global service sector revenues. BFSI is standard–industry terminology for Banking, Financial Services & Insurance, that spans across companies and banks that provide a wide range of financial products & services, other than transaction settlement. Today, banks are being challenged over banking the unbanked, credit disbursement, increasing number of non–performing assets, technological hurdles, risk management and contingency planning... etc. Similarly, Insurance and other financial services are facing challenges such as rural market penetration, pricing risks, transaction settlement issues, ... Show more content on Helpwriting.net ... The chain is a timeline of all transaction blocks as discussed above. This chain itself is a ledger that records in real–time all events associated with the block and makes it publicly visible. A new block can be added to the chain only when one of the network nodes (participant) successfully solves a complex mathematical problem that often requires high computing power, and gains the right to add the next block. These complex, algorithm–rich computations can also be called as proof–of– work/stake computations, which make blockchain almost Sybil–resistant, and its decentralized nature gives it a high–level of 'Byzantine Fault Tolerance'. Complex, algorithm–rich proof–of–work computations also act as the 'consensus mechanism' that ensures a high–level of data integrity to the transactions on blockchain and reduces chances of falsified entries. People who use high– computational power to solve proof–of–work computations and add the blocks to the chain are called miners in blockchain; they are also the network nodes. To briefly anatomize blockchain transactions, transactions are initially encrypted and added to an online ledger. It is further sent into the blockchain network where network nodes take them up in a block and solve complex proof–of– work computations to add the next block onto the ... Get more on HelpWriting.net ...
  • 13. Waking Up America: The Guise of Coffee Culture and its... Coffee, the bean we love. To many it is known as the magic elixir, brain juice, or nectar of the gods, while others see it as the devil in a cup. America is a country that is obsessed with its coffee, now more than ever before. Although coffee has spanned generations, the craze did not exist like it does today. According to anthropologist William Roseberry of UBC, coffee was on the decline in the 1960's and hit an all time low in the 90's with only half the country drinking about a cup a day (D'Costa). However, with coffee being the world's most commonly traded commodity, second to crude oil, much money is at stake when people stop drinking it. Thus the coffee empire was rebuilt, coffee revamped, and redefined to suit the needs of the "me ... Show more content on Helpwriting.net ... Additionally, a disposable cup is often served with a styrene lid and a holder, both of which may be small but quickly add to a greater carbon footprint. (Borg) Buying a daily cup of coffee in a disposable cup creates 23 pounds of waste a year that could easily be avoided by having customers bring their own cup (Borg). Furthermore, disposable cups vary in environmental impact. According to the Environmental Protection agency, Styrofoam has no biodegradable properties and will never decompose. (Spitzer) This means a cup in the landfill will exist in 500 years much as it does today. Most paper cups are lined with a plastic resin to keep beverages warm, however this prevents the ability to recycle them. Although Starbucks' cups are 10% recyclable, the FDA has strict guidelines around used material in conjunction with hot liquids resulting in most cups requiring virgin paper, (i.e. trees), for manufacturing, that are bleached and chemically treated. Based on research by the Environmental Defense Fund regarding the production and shipping of coffee cups, 7 trillion BTU's of energy are used, that which could power 77 thousand homes, 6 billion gallons of water are used which could fill 9000 Olympic sized pools, and 4 billion pounds of C02 released into the ... Get more on HelpWriting.net ...
  • 15. Umbrellite Executive Summary Umbrellite will focus on a strong presence through online retailing. Massive online retailers such as Amazon and Ebay offer product visibility to the masses. We believe that e–commerce can help us reach different customer segments and create brand recognition among customers. Furthermore, selling online can increase profit margins due to disintermediation. Once the target market is aware and educated about the product, the company will partner with big retail stores in the Pacific Northwest. We will distribute to stores using a wholesale model, providing a discount to retailers that wish to carry our products. On the other hand, Umbrellite will commence mass marketing to search for new potential markets and segments. The final step of the process involves opening a brick–and–mortar store after Umbrellite satisfies two conditions: having a wide product line covering a wide range of markets and customer established trust and confidence in the brand. Besides customers, Umbrellite also emphasizes adding value to customers by employing practical channel management. It will also focus on building an indirect marketing channel, by having one or more intermediaries involved (See appendix). The company will apply a vertical marketing system to manage channel conflicts. Umbrellite will be responsible ... Show more content on Helpwriting.net ... Accordingly, this product will fall under the "more for more" category, which targets consumers who are willing to pay more for a superior product experience. Pricing may vary depending on the distribution channel. For e–commerce, the price is $39.99. For brick–and–mortar stores, we suggest a maximum retail price $44.99 in consideration of retail margins and price coherency. Although retailers have the option to price the umbrella at $44.99, we expect most consumers to purchase online, which will provide Umbrellite with higher margins. Consumers who opt for in–store purchases will provide wider market ... Get more on HelpWriting.net ...
  • 17. The Main Forces that are Causing Unprecedented Change in... Corporate and Wholesale Banking 02BSC024 Identify and discuss the main forces which are causing unprecedented change in the corporate and wholesale financial markets. Explain why these forces have had such an impact on these markets. Clare F Thomas 9934287 May 2003 Clare F Thomas Corporate and Wholesale Banking B INTRODUCTION The traditional function of commercial banks has been to act as financial intermediaries between deficit and surplus sectors. This assumes that banks can intermediate at lower costs than those prevailing with direct financing. However developments in corporate and wholesale financing have significantly undermined this cost imperative. This essay aims to identify and discuss the main forces behind these ... Show more content on Helpwriting.net ... Securitisation will be discussed later on. New Technology New technology has reduced barriers to entry. Originally the banking sector was based on branch networks; in order to operate overseas, a bank required a branch in that country. Now, thanks to new technology, in particular the internet, the physical presence of a bank is not as important and branches are no longer a requirement to operating overseas as physical proximity does not determine where money can be raised. For example electronic trading technology has allowed the creation of companies such as E*Trade and is providing new distribution channels and shifting the balance of power to the consumer. Thus technology has changed the way in which money is lent and banks have had to become more innovative both in the way in which their financial services are delivered and the services they offer. Direct banking (telephone and internet banking) is becoming comparatively more important and the branch network, which used to be a major competitive advantage because it created a barrier to entry is now becoming one of banks' most expensive problems (Llewellyn 2 Clare F Thomas Corporate and Wholesale Banking B 1994). In the UK, the Prudential has launched its new banking service Egg and is rapidly moving to expand its services using the internet. New technology is also largely responsible for moving the
  • 18. markets towards a more perfect situation in that it has reduced information asymmetry. Banks used to possess ... Get more on HelpWriting.net ...
  • 20. Using E-Commerce to Reduce Administrative Expenses of... There are a number of ways in which e–commerce can be used to reduce the administrative expenses of the bricks–and–mortar facility. The degree to which these savings can be achieved is dependent on the degree of integration between the two sides of the business. Intermediation is offering the e–business' information through the bricks and mortar provider. This has little cost– saving potential. Remote users are unlikely to have any interest in walking into our physical offices and dealing with people directly. The only particular benefit would be if our physical staff have unused time and resources that can be applied to lending service to the online business. Even with that, there would be difficulties in training and priorities. More value is possible with disintermediation. In this scenario, bricks and mortar customers utilize the online services. This can be done to streamline administrative costs for example offshoring some of the bricks and mortar staff. In addition, if the courses can be integrated there is significant room for cost savings with this tactic. A scenario that can be envisioned is where an offline student can access course materials online, including online tutoring and online peer to peer features, allowing for the enhancement of the bricks and mortar learning experience. Such integration would allow for fees at the bricks and mortar to increase because of the new value added to the program, but at little incremental cost since the technology and online ... Get more on HelpWriting.net ...
  • 22. Technology Is The Technology For The Nextgen Blockchain technology came into existence in 2011 with Bitcoins, the digital cryptocurrency. At the onset, Bitcoins were used mainly in the darknet and thus developed a shady controversial image. But, with 15.8 million (Blockchain Info , n.d.) Bitcoins in existence at this moment, they are surely gaining popularity. It isn't really this crypto currency, but the underlying Blockchain Technology engine has huge potential in the future. Recently, there is an increasing distrust in the centralized systems like the Government, banks, other technology companies, etc. This has resulted in disintermediation in numerous industries like music, healthcare, ecommerce, etc. In this prospective no–middle–man world, Blockchain is liking to be the driving force for almost all the transaction– based system. Also, with big companies like IBM, Morgan Stanley, Goldman Sachs, etc. investing in research on Blockchain, this technology is seems to be the technology for the nextGen. This paper attempts to introduce the blockchain technology and current advances seen in this field. Also, the paper will cover the prospect of using block–chain in the Internet of Things and thus becoming "the next thing". The paper will also attempt in understanding whether Internet of Value aka Blockchain is really a valuable or not. Introduction To Blockchain Technology: Blockchain technology, in simple words, is a public peer–to–peer ledger having the digitally recorded "blocks"–chained sequentially. This ... Get more on HelpWriting.net ...
  • 24. B2C and B2B Web Site Supply Chain Difference B2C and B2B Web Site Supply Chain Differences Ah, the wonders that technology has wrought in the world of business. Or should it be phrased: ah, the wonders that business has called forth from the world of technology? Whether it is the chicken or the egg, many changes have developed and with the advancements in what is now called e– business, businesses and consumers have benefited. Though e–businesses vary in scope and methods, they can be categorized basically as business–to– consumer (B2C) or a business–to–business (B2B). A B2B model involves transactions between one business and another business. A B2C model involves transactions between a business and individual consumers. The term B2C could be applied to any business or ... Show more content on Helpwriting.net ... These networks are more flexible and respond to economic fluctuations with more speed and ease than hierarchically (top–down) structured businesses. The ultimate goal of supply chain management is to achieve a higher–quality or lower–cost product at the end of the chain. This requires building long–term relationships with a small number of very capable suppliers, who in turn have their own relationships with suppliers. The current standard is for e–businesses to invest in one of several new information systems, capable of increasing efficiency in the production line by controlling the logistics in every element of its supply chain. Two such IT systems are EDI and VAN. Schneider gives an example of Boeing 's success implementing EDI: Using EDI and Internet links, Boeing is working with suppliers so that they can provide exactly the right part or assembly at exactly the right time. By its second year of using these new systems, Boeing had cut in half the time needed to complete individual assembly processes. It has realized similar reductions in part defect costs. The combined effects of these increased efficiencies are helping Boeing do a much better job of meeting its customers ' needs. Instead of waiting 36 months for delivery, customers can now have their new airplanes in 10 to 12 months. (Schneider, 2004, p. 230) The primary benefit that arises from such increased ... Get more on HelpWriting.net ...
  • 26. E Commerce Retailing And Services Essay E–commerce Retailing and Services 1. Describe three techniques retail merchants use to integrate their online and offline sales channel beyond having an online store. The offline retailers diversify their marketing strategy to succeed on the web. Consumers use computers, tablets, and mobile devices to find the lowest–cost products and to complete a retail transaction. Thus, the retailers have developed a marketing strategy to integrate the online and offline experiences. The three techniques that the retail merchants use to integrate their online and offline include the interactive kiosks; online order of in–store pick–up or home delivery; online order with in–store returns. The self– service retail kiosks use a numerous of methods that include the interactive products' location in the store, the mobile–friendly payment methods, and the remote location. First, the kiosk has a large screen that allows the users to interact directly with the store website and to locate the products in the store. Second, the kiosk allows the user to scan their products and to make payment via the mobile devices. Finally, the system gives customers the opportunity to reserve the transaction through the website and complete through the in–store kiosk. Consumers order the product through the website and pick it in the store. Moreover, they can buy the product through the web and receive it via home delivery. In the same convenience, customers order the product through the website and return it to ... Get more on HelpWriting.net ...
  • 28. Travel And Travel Services: Advantages And Contrast Safaris Introduction This research is based on two companies, a travel agency company which is the Trazeem Travel and Tours and ThisAndThat Safaris a tour operator. Trazeem Travel and Tours specialize with both inbound and outbound tourism and their services includes air ticketing, hotel accommodation, packages and many more (see appendix). Their aim is to provide an unforgettable travel and holiday experience to their customers, their mission is to provide a high level service to their diverse customers and to set a standard of excellent in the industry and have a set of goals which includes quality deliverance, honesty and integrity (Trazeem.co.zw, 2017) ThisAndThat Safaris specialize in outbound and domestic wholesale tour operator. They offer travel ... Show more content on Helpwriting.net ... They advertise their sales through the website (www.trazeem.co.zw), which is online marketing. Promotions and discounts are also advertised through their website. They also support their sales through the use of flayers, magazines, posters, brochures, puff–lets and also put adverts in newspapers. Assess the trends and factors that will affect travel agencies in the future Technology affect travel agencies because some book directly from the service provider. This is referred as disintermediation. According to Techopedia, disintermediation cuts out the middleman by using the internet, companies and even manufacturers can deal directly with users or end consumers, which is significant factor in decreasing the cost of servicing customers. Travel agencies should consider reintermediation. Techopedia defines reintermediation as, "is the reintroduction of an intermediary between a goods producer and consumer". Also the lifestyle will affect travel agencies in the future. It can be affected by time scarcity, educational attainment and mobility. Some customers would not have time to go through the travel agencies, they would go straight to the supplier. In education people would need information hence they would have the ability to use technology. Also mobility, people with private motor vehicles can visit resort areas on their ... Get more on HelpWriting.net ...
  • 30. What Are The Unique Features Of E-Commerce Generally speaking at first sight we would think about e–commerce as just think of an online relation between client and the supplier, although it is right there are also several areas that make up the relationships of having E–commerce which can be broken down into 4 basic categories which are Business to business (B2B), Business to consumer (B2C), Consumer to Business (C2B), Consumer to Consumer (C2C), and also other forms of ecommerce involving government transaction. Apart from this information, description of eight unique features of e–commerce will be developed as well as the issue of disintermediation raised from one of its features. Benefits that make it easier for the seller to add value to their online business applying disintermediation ... Show more content on Helpwriting.net ... EC by being ubiquitous they are able to be available anywhere and anytime Global reach This enables businesses to have a market as wide as the online population all around the word going off boundaries and having worldwide access to clients Universal standards Is the internet technical standard of conducting e–commerce that is shared by all members of the world wishing to establish this practice and set up sellers and access buyers globally Richness This term tries to address the content–rich delivered without having to sacrifice the reach to customer, meaning that the complexity and content of a message that wants to be transmitted must be in a way that is eye catching to the customer. A good example of this could be ads on Facebook that are already customized to what you ... Get more on HelpWriting.net ...
  • 32. To What Extent Is an E-Commerce Strategy the Best Way for... To what extent is an e–commerce strategy the best way for businesses to increase their profits? (40 marks) E–commerce is the online transaction of goods and services, which has completely revolutionized business and the way in which businesses can operate. It's now easier for customers to compare prices/products with a little time spent browsing the Internet opposed to dragging themselves to the stores. This means that e–commerce is having an impact on what and how much businesses sell, therefore influencing the profits the business gets. In this essay I will consider whether an e– commerce strategy is the best way for a business to increase their profits, or whether e–commerce is not the best strategy to do this. I will be arguing that ... Show more content on Helpwriting.net ... The new website was highly successful and 'saw HMV return to profit' (The Telegraph). This shows how an e–commerce strategy is the best way for a business to increase their profits as it illustrates how e–commerce can bring a business from administration to planning to expand into 10 new markets due to increased profits. Despite this, e–commerce doesn't guarantee a business profit increases, as instead it can pose severe threats. One such threat is the risk of cyber attacks. A cyber attack is an attempt by hackers to damage or destroy a computer network or system. If a business falls vulnerable to one of these attacks it can severely damage their reputation. This reputation damage can lead to a loss of trust in the company by customers, as they will potentially have personal details such as bank cards/addresses accessed. This loss of trust will decrease brand loyalty and so the business will lose customers to competitors meaning lower sales and so decreased profits. Talk Talk shows a very recent case of a cyber attack. In October 2015 Talk Talk found themselves exposed to a cyber attack. Around 4% of the companies 4 million users were affected by the events. With More than 15,600 bank account numbers and sort codes were stolen, the company said. The scandal resulted in a £35 million pound loss for the company. This points shows how e–commerce can provide huge threats to companies despite the number of opportunities it provides too. These big risks that come alongside ... Get more on HelpWriting.net ...
  • 34. A Interview At Efma 's Retail Payments Week This paper is based on a talk presented at EFMA's Retail Payments Week in 2014 by Artefact's co– founder and Principal, Rob Girling. By focusing on the customer experience, banks could shift their role in the consumer's life from payment processors to trusted advisors. [Anecdote about comparison shopping or a pain point] It's official: We are living in the age of the customer. With real–time access to all sorts of information like prices, loan rates, product features and competitors, technology has empowered consumers to be more informed than ever before. As a result, consumers are causing disruption across every industry, even in banking and finance. The key to keeping these consumers is positive customer experiences that build solid ... Show more content on Helpwriting.net ... This isn't just happening in the digital world, we're seeing it take place across nearly every industry, from healthcare to finance. Over the last decade, we've witnessed massive international companies vanish and be replaced by new services with much better customer experiences. These services provide entirely new benefits, such as instant access, incredible product variety and lower price points, completely disrupting the industry in favor of the customer. Take Blockbuster for example. At its peak in 2004, the movie giant was operating more than 9,000 stores. Enter Netflix, an entirely new player in the game that offered mail order DVDs and on–demand video and streaming services online. Suddenly, making the trip to the local Blockbuster was just too much of an inconvenience. In 2013, unable to innovate and provide customers with a better experience, Blockbuster rented out its last movie, aptly titled, This Is the End. This example demonstrates how even massive companies can fall if they fail to innovate for the consumer. Not only that, but new startups and entrants to the market are blurring the boundaries between industries as they create new kinds of services. Traditionally car companies and transit systems did not think of services like Car2Go, Uber and Zipcar as competition. Similarly, hotels did not realize they would eventually compete with AirBnB, and banks did not think of Funding Circle, Lending Club or Kickstarter as competition until very ... Get more on HelpWriting.net ...
  • 36. Business-2-Business vs Business-2-Consumer Business–2 Business VS Business–2–Consumer Charletta Key EBUS 400 – E–Business Mark L. Schlam, M.S. June 22, 2006 Business–2–Business VS Business–2–Consumer Just about every business today has a web site. Weather they are doing business with other businesses or selling directly to the public, a business today needs to have a web site. This paper will discuss Business–2 Business (B2B), Business–2–Consumer (B2C). The paper will look at the marketing concept, and the similarities and differences of brick–and–mortar and eBusiness. Every business, rather online or at a physical site, falls in one of the following categories. A Comparison of Business–2–Business and Business–2–Consumer B2B and B2C are very similar, in fact, "B2B ... Show more content on Helpwriting.net ... These firms make up the largest group of B2C companies today. There are two types of online intermediaries: brokers and infomediaries. Brokers – A broker is a company that facilitates transactions between buyers and sellers. =Types of Brokers:= Buy/Sell Fulfillment A corporation that helps consumers place buy and sell orders, like eTrade or Smith Barney. The difference between these two companies is the eTrade is a completely online service and Smith Barney is a physical company and was around before the internet became a way of life. Virtual Mall – A company that helps consumers buy from a variety of stores, like Yahoo! Stores. Shopping.Yahoo.com is a store where you can shop till you drop and never leave the house. They offer everything you can imagine and more. Metamediary – A firm that offers customers access to a variety of stores and provides them with transaction services, such as financial services. Example: Hotwire.com or Webflyer.com. Both of these websites offer a host of services to the consumer to allow for assistance and easy bookings of hotel, airfare, and other travel arrangements needed for the perfect vacation. Another source of services is "ImproveNet". This is a service website that displays various contractors so that the consumer may find a contractor for that improvement project on their home. These contractors have been "prescreened to create the most effective, comprehensive and targeted internet marketing solution for residential
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  • 39. Business Ethics Essay Digital Marketing General Instructions:  The Student should submit this assignment in the handwritten form (not in the typed format)  The Student should submit this assignment within the time specified by the exam dept  The student should only use the Rule sheet papers for answering the questions.  The student should attach this assignment paper with the answered papers.  Failure to comply with the above Four instructions would lead to rejection of assignment Specific Instructions:  There are four Questions in this assignment. The student should answer all the four questions. Marks allotted 100.  Each Question carries equal marks (25 marks) unless specified explicitly. Question No 1: (a) "Business today faces 3 major ... Show more content on Helpwriting.net ... Charging technology: The digital revolution has created and information age. The industrial age was characteristics by mass production and mass consumption, stores stuffed with inventory ads everywhere and rampant discounting. The information promises to lead to more accurate levels of production more targeted communication and more relevant pricing. 2. Globalization: Technological advantages in transportation, shipping and communication have made it easier for companies to market it to other countries and easier for consumers to buy products and serviced from marketers in other countries. 3. Deregulation: Many countries in India the domestic airline industry has been growing very rapidly after deregulation. Airline companies are competing with each other by offering different and better services to customers. 4. Privatization: Many countries have converted public companies to private ownership and managements to increase their efficiency. 5. Customer empowerment: Customer increasingly expects higher quality and service and some customization. They are more and more time starved and want more convenience. 6. Customization: The Company is able to produce individually differentiated goods whether ordered in person on the plane or online. By going on line companies essentially enable consumer to design their own goods. 7. Heightened competition: Brand manufacturers are facing intense competition from domestic and foreign brands which ... Get more on HelpWriting.net ...
  • 41. Service Request Sr-Kf-013 Paper Service Request SR–kf–013 Paper Your Name here Course Number/Description Due Date Professor Name Here Running Header: Service Request SR–kf–013 Paper Frequent Shopper Program The electronic commerce components of the Frequent Shopper Program are aspects of the Sales and Marketing Department's strategic objectives to increase the loyalty and profitability of its consumers. Under this program, customer shopping trends are identified and rewarded. This in turn can support the objectives providing an inventory selection of specialty foods that their customers' desire increasing the favorable of repeat shoppers to the Kudler name. In order for the program to be effective, customers are given a swipe card that contains their ... Show more content on Helpwriting.net ... "Many legal issues are related to e–commerce. When buyers and sellers do not know each other and cannot even see each other (they may even be in different countries), there is a chance of fraud and other crimes over the Internet. During the first few years of EC, the public witnessed many of these, ranging from the creation of a virtual bank that disappeared along with the investors' deposits, to manipulation of stock prices on the Internet" (Turban et al., 2010). Financial Analysis Marketing, sales, and service are three major areas that e–CRM's should put most focus and value to for the total business package. Kudler needs to establish a formal business plan for the Frequent Shopper Program before inception of the e–CRM project. The plan requires a detailed outline that brings forth these elements pertaining to the compiled projected costs, tangible financial benefits, and intangible strategic benefits, also risk assessments for the project. Tangible financial benefits are the key metrics for finances that are comprised of clear precise analysis of cost benefits. Specialized software applications for this field of e–CRM can be used to assist with obtaining this goal. Net Present Value (NPV), Return of Investments, and Internal Rate of Return (IRR) are all elements of the software that are critical for assessing the key financial metrics required to be clear and ... Get more on HelpWriting.net ...
  • 43. Comparison of Online and Offline Retail Environment of Car... The offline retail environment of the automobile industry is that of manufacture to intermediary to consumer. The process from which the product (car) proceeds from manufacturer to consumer is that of through the automobile dealer. This intermediary batch purchases a number of models from the manufacturer and sells them from the 'lot' or storefront. This placement and presentation of the product has proved largely successful. The tangible product is viewed, test driven and purchased from the intermediary. An advantage of the offline retail environment is that of the face to face (F2F) transaction environment. The purchase of a car requires high involvement between the supplier and consumer and can be argued demands a customer ... Show more content on Helpwriting.net ... Rather than solely online companies, who may only offer ghost storefronts with no inventory and little reputation to defend. (Pitta, Franzak & Fowler 2006) Value creation has been described as the difference between the amount that the consumer is willing to pay for a product and the costs of providing the product. Value can also be added to the product through outside or support (Porter, 1985) activities such as brand awareness, speed of delivery, after sales service. Resource Based View (RBV) theorists argue that information technology (IT) resources can be used today in an online environment to enable a firm to improve efficiency regardless of whether mimicked by competitors, or may yield performance impacts unique to a firm relative to its' competitors." (Melville, Kraemer & Gurbaxani 2004) A major factor in RBV and enhancing value creation better than a company's competitors is that of competitive heterogeneity. This refers to enduring and systematic performance differences among relatively close rivals. (Hoopes, Madsen & Walker, 2003) Resources are the tangible and intangible assets of a firm that can be used in the value creation process and the RBV consists of six conditions necessary for a firm to confer a sustainable competitive advantage (Melville, Kraemer & Gurbaxani 2004) and are as follows. A valuable resource can be tangible and intangible; it is a ... Get more on HelpWriting.net ...
  • 45. Challeges Facing International Marketers in This Millennium "CHALLENGES FACING INTERNATIONAL MARKETERS" IN THIS MILLENIUM 1.0 Introduction The prevailing arena in business this millennium has powerful forces which are transforming markets and spectacularly changing ways of doing business. There has been increased movement of people, goods and organizations across borders which have resulted in the emergence of global market segments and the growth of globally integrated markets. Advances in communications and information systems technology have shrivel distances, linking markets through flows of information, images and ideas across markets. These trends facilitate the management of operations on a global scale and accelerate the need to deal effectively with global competition. As a result, ... Show more content on Helpwriting.net ... Correspondingly, in making decisions relating to expansion in international markets, the firm needs to consider the extent to which markets are becoming integrated as a result of flows of goods and services across borders, government initiatives towards economic integration, as well as the linking of distribution and communication infrastructures and organizational networks. Marketing strategies also have to be co–ordinated or integrated with sourcing strategies as well as production, management and logistical systems. Increased efficiency of transportation and communication networks coupled with greater awareness and sensitivity to cost and efficiency differences between countries and regions have generated pressures for the growth of global sourcing and procurement. This in turn generates forces to co–ordinate operations at subsequent levels of the value chain across countries and regions. In the case of production and logistics, numerous synergies may be achieved through the integration and co–ordination of operations worldwide. At the same time, marketing strategies play a key role in unleashing potential for increased efficiencies and integration of upstream activities across markets (Porter 1986). While to some degree mediated by the spread of modular production and mass–customization techniques, standardization of products or product lines across countries will, for example, create ... Get more on HelpWriting.net ...
  • 47. Internet Marketing Internet Marketing in Business; Introduction; The internet has become a key factor in the success of a lot of businesses in recent years. In the following assignment I am going to explain how internet marketing has made Tesco's business more efficient, effective and successful. Efficient; Definition; Efficiency is the comparison of what is actually produced or performed by the business with what can actually be achieved with the same consumption of resources (money, time, labour, etc.). Disintermediation; By removing the distributor or wholesaler businesses like Tesco are "cutting out the middleman" which allows Tesco to work with customers directly from the internet. Opportunities to increase sales from existing customers; ... Show more content on Helpwriting.net ... 24/7 availability; Tesco's website means that customers can view their products and services on offer at any time of the day/month/year, which will prove to be convenient for customers who have responsibilities and cannot shop during shop opening times.+ Effective; Definition; Effectiveness is considered when measuring the degree to which objectives are achieved and the extent to which targeted problems are solved. In contrast to efficiency, effectiveness is determined without reference to costs and, whereas efficiency means "doing the thing right," effectiveness means "doing the right thing." Widens target audience; Tescos website is viewable by any person that can access the internet, which means that their target audience will grow by a huge proportion. Allows the business to gather customer research; Tesco can gather information from customers that visit or shop from their website, they can gather information like contact details from surveys and they can contact the customer via e–mail or telephone to formally tell them about offers on products and services. Ability to respond to customer enquires/orders quickly; Tesco have a "contact us" section on their page which means that customers can find contact details instantly to get in touch with the business if they have any inquires. Ability to process
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  • 50. Advantages And Disadvantages Of Multichannel Banking The consumers of a bank utilizing its digital channels would like to access its services whenever they want, from any location. They could complete a transaction using a mobile/tablet. Omni banking provides opportunities to connect with customers, deliver personalized products/services. Banks leveraging the potential of omnichannel banking clinch and maintain long term business relationship with its digital consumers, thereby enhancing their profitability. Omnichannel vs. Multichannel Banking The multichannel banking customers connect with the bank through various channels – branch, mobile, online, call centre, ATM. However, the consumers don't get the same service quality across all channels. Banks recommend their customers to use the channel that is the most cost effective. In most banks, the banking channel processes function in a silo. As a result, consumers are provided unwanted products or inefficient service via multiple channels. For e.g., a loan is provided via online/mobile and banking channels even if the consumer is not interested in the loan. ... Show more content on Helpwriting.net ... A top notch multichannel environment has resulted in a consistent experience across channels, but the functional/technical structure of distinct channels is not seamless. In omnichannel banking, customers have a consistent experience across channels. The customer is efficiently transitioned from one channel to another expeditiously. Omnichannel banking enables the customer to choose the channel of preference for banking transactions. Various channels have the same database. Again, the bank's channels have a steady notion of transit data to track the customers' context, transaction and outcomes covering business processes. The value of omnibanking is as ... Get more on HelpWriting.net ...
  • 52. Conditions and Effects of the Evolving Electronic Economy... Conditions and Effects of the Evolving Electronic Economy on Labor "But I think what surprised me as much as anything was not to find any stores on Washington Street, or any banks on State. What have you done with the merchants and bankers? Hung them all, perhaps, as the anarchists wanted to do in my day?" "Not so bad as that," replied Dr. Leete. "We have simply dispensed with them. Their functions are obsolete in the modern world." (60) Looking Backward by Edward Bellamy, 1887 Edward Bellamy's futuristic conception of commerce in the 21st century unintentionally created a surprisingly accurate representation of the emerging electronic economy. The use of computer technology and the internet is allowing the creation of greater ... Show more content on Helpwriting.net ... You avoid one handling of the goods, and eliminate the retailer altogether, with his big profit and the army of clerks it goes to support. Why Miss Letee, this store is merely the order department of a wholesale house, with no more than a wholesaler's complement of clerks. Under our system of handling the goods, persuading the customer to buy them, cutting them off, and packing them, ten clerks would not do what one does here. The saving must be enormous." (76 Bellamy) The one person left in Bellamy's depiction has now become the consumer himself and the savings to corporations, as we shall see, are beyond enormous. The emerging new economy is predicated on increasing profits by eliminating previously necessary forms of labor. Using technology, the consumer of today is rapidly becoming more directly connected to manufacturers and in the process has become both the salesman and buyer, who ironically helps to finance the process in numerous ways. To better comprehend the implications of this magnanimous shift towards directly connecting manufacturers and consumers we must investigate the role that industry, government and consumers play in the equation. In doing so, we may identify some of the causes of the evolving methods of electronic commerce and production to reveal some of the collusive government and corporate practices that have united to force a new way of living and working on our society. Of one ... Get more on HelpWriting.net ...
  • 54. Dcsn Case "Information Technology and the Supply Chain" I) Question 1: Summary: This case indicates that WoodSynergy Inc. is a midsize corporation in the fine woods supplier business, and the enterprise had lately launched Information technology based supply chain management schemes and was concerned in evaluating the development. They realized that efficiency can be improved by integrating information technology into their systems. They were capable of figuring out the importance of having information which is aligned with their business data. Enhanced data sharing would allow the company to meet order demand and deliver on time with the highest quality. The Chief information officer of the company explained to the Chief executive ... Show more content on Helpwriting.net ... It identifies diverse procedures that lead to client contentment. It is used to depict development opportunities and is based on process modeling, performance measures, and best practice sharing. It helps the companies measure the flow of information and physical goods and consists of three levels, the scope and content of the supply chain ( level 1), the supply chain strategy is configured ( level 2) and aligning available and forecasted resources to meet expected demand (level 3). II) Question 2: The main strategies that WoodSynergy uses to enhance the Supply Chain performance and that are discussed in the case are classic disintermediation, remediation and net–work based mediation. In the first case the firm attempts to remove all of the intermediaries of the supply chain in which case the suppliers are in direct contact with its customers providing real–time interface. Besides providing consumers with a more direct convenience when it comes to making the goods more accessible, it can potentially translate into prices that are lower since supply chains are rationalized and the cost that is expected from these distributors is reduced. Furthermore, a firm is going to proceed to disintermediation when the cost to have a business relation with its intermediaries is higher than the importance that it is worth. Given the era of information technology, a firm that encounters high information intensity can now go without intermediaries since a website ... Get more on HelpWriting.net ...
  • 56. Info Systems INFO Systems test 3 1) Well managed organizations that _____ are critical, complex and dynamic. A. Business processes B. Informations systems C. Boundaries D. Function 2) The first step in a business process management is to A. Create components B. Implement processes C. Create a model D. Assess results 3) In the diagram, the rounded rectangles refer to: A. Decisions B. Data C. Activities D. Facilities E. None 4) The type of diagram shown is called: A. A standard, as–is process diagram B. A race–lane layout model C. A high–level subassembly D. A swim–lane layout model E. None 5) In this diagram, the stone vendor and stone fabricator are: A. ... Show more content on Helpwriting.net ... Viral marketing B. UGC C. Crowd–sourcing D. Social networking 21) The purpose of a business intelligence system is to A. Provide the right info to the right people at the right time B. Provide info to improve decision making C. Track interaction with customers D. A and b E. A b and c 22) On a web site, a customers clickstream data provides a record of ______ on the site A. The ads viewed B. The links clicked C. The orders placed D. The queries activated E. Everything done 23) __________ systems integrate data from a variety of sources, process that data, and produce and deliver formatted reports to users A. Data mining B. RFP C. Reporting D. XML E. Web Service 24) Before it can be loaded into the data warehouse, operational data must be extracted and A. Sorted B. Filtered C. Processed D. Cleaned E. Labeled 25) __________ is cheaper and just as accurate as using the complete data set for a data mining application A. Modeling B. Statistical sampling C. Experimentation D. Meta analysis E. Simulation 26) A business intelligence system that uses if/then rules to analyze a situation and make a decision is a: A. expert system B. knowledge management system C. reporting system D. data mining system E. none of them 27) To create a knowledge management system, ... Get more on HelpWriting.net ...
  • 58. Five Elements of a Cbis System, Five elements of a CBIS System ...We live in the Information Age. To survive in this Information Age, one must acquire the relevant CBIS skills for one's discipline, remain current and competent in these skills and effectively work in a diverse and global community. Otherwise, one will suffer from automation, disintermediation, outsourcing and off–shoring..." Introduction It is a technological era. We need to have contact with all the happenings around us and it is only possible by Internet and for this we require computers. Another reason is that for handling large gulps of information, at all the levels, whether government, society or business, we need computer. As communications expand, covering more and more areas of the globe, more ... Show more content on Helpwriting.net ... Data Workers Are those that enter and control the accuracy of information systems. Organizations need to process a rapidly growing amount of information. Data entry and information processing workers help ensure the smooth and efficient handling of information. By keying in text, entering data into a computer, operating a variety of office machines, and performing other clerical duties, data workers help organizations keep up with the rapid changes of the information systems. http://www.informationweek.com/news/global–cio/compensation/showArticle.jhtml? articleID=6502220 Eileen Colkin 2002, accessed 8/5/2009 This site spoke of the job outlook for data workers. It did express the need for advanced skills to be marketable. http://econpapers.repec.org/article/tafecsysr/v_3a18_3ay_3a2006_3ai_3a3_3ap_3a221–255.htm Edward Nathan Wolff 2006 8/5/2009 This site talks about employment trends from 1950–2000 Computers are the tools that data workers use to begin the flow of information. While data workers need to be skilled in different types of programs and procedures to make the computers effective and to keep the information flowing. Automation Automation is the use of control systems in concert with other applications of information technology to control industrial machinery and processes, reducing the need for human intervention. Automation plays an increasingly important role in the global economy and in daily experience. Engineers strive to combine automated
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  • 61. Fshore Banking Institutions The offshore banking institution is regulated in three different ways, through agency, subsidiary, and foreign branches. These kinds of institutions are difficult to regulate because countries cannot impose reserve requirements on its' own banks' overseas branches (Grittersova, 15). According to Singer, "regulators enact tighter capital requirements without the explicit intervention of congress. As banks assumed more and more risk, regulators responded by imposing greater capital requirements without the explicit intervention of congress" (Singer, 49). This makes it difficult for the international banking to have restriction on the bank examinations, capital requirements, and assets. Internationally, the safety net main purpose is to establish an international standard that will minimize the power of the regulators and protect the consumers that are within the jurisdiction. Because of the existence of contagion there has been an important institution that has intervened as a disciplined which is the international lender of last resort (189). Overall The Basel Committee on Banking Supervision was composed of the G10 central banks and national bank regulators in where they negotiate international banking standards, according to Fratianni, the G10 is small, homogenous, and rich in intelligence on financial markets with international financial transaction in the world. During the 1980's the U.S. largest commercial banks became endangered by the dept. crisis of Latin ... Get more on HelpWriting.net ...
  • 63. External Factor Airline Industry External Factors: Oportunities * Acquisitions * Asset leverage * Financial markets (raise money through debt, etc) * Emerging markets and expansion abroad * Innovation * Online * Product and services expansion * Membership of any airline alliance will help to increase reach via code share agreements * Leverage on association with coffee company like Starbucks to provide onboard coffee by creating awareness in all coffee outlets * International flights and global expansion * Potential for research in marketing and advertising – ATA Domestic Code–Sharing Agreement. – International flights – Further improve customer satisfaction and value Threats * Future oil prices * Intense competition and price discounting * World and ... Show more content on Helpwriting.net ... Lower–cost airlines are finally finding the ingredients to succeed in intercontinental and business travel markets, validated by the operations of JetBlue, AirAsia X and Virgin Australia. The relatively newer global airlines, such as those based in the Persian Gulf, and to some extent China, are proving they not only have staying power, but that they intend to change the historical airline industry landscape. Etihad is not only growing its own capacity, but also implementing truly strategic relationships with existing airlines, such as with Virgin Australia on one end of the spectrum and Air Berlin on the other. Niche airline service providers are beginning to emerge around specific segments of the market to position their products and services to match demand. For example, the US–based Allegiant is a travel company that happens to operate an airline. Large newer network airlines with global networks as well as domestic and regional airlines are beginning to put pressure on established airlines' competitive advantage of the large spread between high full–economy fares and the much lower average discounted fares.
  • 64. Maturing low–cost airlines that focused on national markets have begun to face legacy–like challenges relative to the workforce, escalating costs and ... Get more on HelpWriting.net ...
  • 66. Zappos Case Study Q1. Why would Zappos benefit from the implementation of a CRM system? Zappos would benefit from the implementation of a CRM system, because their customers are already at the heart of their business. They encourage their customers to have direct communication and interaction with the call center agents, averaging 5,000 calls a day. "Customer relationship management (CRM) is a means of managing all aspects of a customer's relationship with an organization to increase customer loyalty and retention and an organization's profitability." (Baltzan, 2017 p 194) CRM gives organization and visibility to customer data using business intelligence. It can provide predictive analysis to previously hidden sales patterns and customer behaviors. Having ... Show more content on Helpwriting.net ... Although Tony Hseih may keep overall operational control, changes to the company's infrastructure would seem likely. If the draw to merge was because of Amazon's extensive warehouse and supply chain operations, it would stand to reason that control and possible staffing in those areas would fall under Amazon. The question would be do the Zappos employees still retain their same benefits? Q4. Propose a plan for how Zappos can use Amazon's supply chain to increase sales and customer satisfaction. Zappos can increase sales and customer satisfaction by using Amazon's supply chain, to help lower product pricing. With the increase in warehouse locations and use of Amazon's existing SCM logistics, Zappos can still offer overnight shipping but save money by no longer outsourcing to UPS. On a larger scale granting added visibility to the supply chain using Amazon's technology, Zappos could also look to reengineer their entire inventory management strategy and adapt a more 'real– time' approach similar to WalMart. Lean inventory management can lower its costs for inventory storage, reduce transportation costs, and products spend less time in transit. These cost savings can then be passed on to the customers through lower prices, increasing sales and growing customer satisfaction. Q5. Argue for or against the following ... Get more on HelpWriting.net ...
  • 68. Asynchronous Model In Home Care The provision of providing healthcare to patients, from a distance far away from his/her home is telehealthcare (7, p.1). To improve the convenience, quality, safety and cost–effectiveness of healthcare, especially for the benefit of the patients, telehealthcare has attracted a greater interest globally (7, p.1). Telehealthcare, telemedicine, telecare and home monitoring are popular terms used to describe delivery of healthcare from remote (7, p.2). Telehealthcare is the intervention between a patient and a healthcare provider over a distance, that has two models, namely synchronous and asynchronous models (7, p.2). In the synchronous models, real–time interactions, such as telephone or video–conferencing take place, whereas, in asynchronous ... Get more on HelpWriting.net ...
  • 70. Supply Chain Of Ford Automobile Supply Chain Name Institutional Affiliation Date Supply Chain This service incorporates the movement of business components from producer to the consumers. It does not involve the producers, consumers and the consumer only, but it also includes the other parties that facilitate the movement. These parties include transporters, warehouses and the customers themselves. Many factors are considered in the choice of a supply chain by the company. Some companies have long chains while others have shorter chains. The companies have strategic objectives they aim at achieving by the choice of supply they choose. The aims at studying the supply chain of Ford Automobile and identifying their strategies that lead to the choice. The ... Show more content on Helpwriting.net ... The paper will aim at analyzing the chain used by the company to fulfill the needs of its clients. There are different intermediaries who happen to exist between the Ford and the customers of the automobile. There are many advantages that are related to the various types of the supply chain. Every firm has a strategy for reducing the costs that are involved in the supply chains. The interest of this paper is a study of the supply chain of the Ford Company widely discussing the strategic objective of reducing the cost of providing its products thus reducing the cost involved. The management made a decision to start marketing the goods direct to the customer. It has the impact of trying to reduce the intermediaries. Another implication of this choice understands from the customer the taste of the product directly. The corporation can target this by pursuing the strategic goal by optimizing the supply network. The company has adopted a model that is classified as a system optimized model. Optimization of the supply chain can be done by studying the regional data. Among the data obtained is the market for every region, tariffs, the impact of economies of scale, and tariffs. Patterns of demand and the tariffs of each region again have to be studied. From the study of the data, the company can identify the areas where there is a need for attention, and that will help the company to ... Get more on HelpWriting.net ...
  • 72. Marketing Strategy Of Dell Introduction Dell Inc. the name known to all and is well renowned technology corporation is an American multinational company based in Round Rock, Texas, United States. The main business strategy of Dell is to develop, sell, repair, and provide service and support to related products. Established by Michel Dell, Dell is now number three supplier worldwide employing more than 103, 00 people worldwide. Started in 1984 as PC Limited, at first the company sold IBM PC– compatible computer built from stock. Later in 1985, the company produced the first computer of its own design, the Turbo PC that was sold for $795. The company changed its name to Dell Computer Corporation in 1988 and began expanding globally. Dell has been in the market with a strategy 'to strive to provide the best possible customer experience by offering superior value; high quality, relevant technology, customized systems; superior service and support and differentiated products and services that are easy to buy and use' Products and services provided by Dell Dell provides number of products and services based on categories like business, professional, government, educational, entertainment, home ... Show more content on Helpwriting.net ... political situation, Law. To carry out the report some assumptions were made such that generation of 25% of profit at end of a year, number of retailers to increase, number of online traffic to drive into the site, average cost of acquisition, average order value etc. At last it was found that Dell direct model could be implemented in context of Nepal even with some difficulties but doesn't seems to be as effective worldwide, thus for maintaining the strong hold on Nepali market Dell should inherit hybrid model including channel partner with existing distributer and retail partners i.e. tie up with Neoteric distributer for Nepal along with ... Get more on HelpWriting.net ...
  • 74. Discussion of the Main Reasons that have Resulted in the... Disintermediation could lead to economic crisis because of the importance of banks in the economy. Banks are very important in an economy because they provide safety for depositor, provide a wide variety of loans and offer other credit vehicles like cards and overdrafts. The bank connects surplus and deficit economic agents and significantly contributes to the progress of any economy through facilitation of business. Economic Development: Banks facilitate the development of saving plans and are instruments of the government's monetary strategic policies among others. They also provide credit provision, liquidity provision, and risk management services, remittance of money, rapid economic development, and promotion of ... Show more content on Helpwriting.net ... It increases the size of the capital market and generates more business for investment banks, brokers, and fund managers because of the advisory role. It enables borrowers to borrow at a lower cost and investors get higher rate of return, but they lose the safety of the banking system in the process. (Patrick Artus, October 2012.) Main reasons for Bank disintermediation are as follows: High Rate of Borrowing: If the Bank's rate of borrowing is high, borrowers tend to seek lower cost of financing for example, issuers of commercial papers, etc to reduce overall interest expense and ultimately improve on company's cash flow from operations. Low Interest Rates: Low interest rates on deposit and savings accounts could lead to financial disintermediation because depositors who want higher returns on their deposits will be looking at alternative ways of improving their yield. Also policies like regulation 'Q' and Regulation 'D' promulgated by the Federal Reserve Board in the United States in 1933, though regulation 'Q' does not exist anymore led to imposition of interest rate ceilings on various other types of bank deposits, including savings and time deposits. The imposed limit on savings deposit interest rates encouraged the rise of alternatives to banks, including money market funds. ... Get more on HelpWriting.net ...
  • 76. Marketing Challenges Marketing Challenges in a New Economy There is a new trend in today's economy that does not involve large chain suppliers, retailers or wholesalers. This new trend involves companies that allow owners to rent out their physical assets to increase their income. This new business practice puts the producer directly in contact with the consumer to conduct business. This new trend in the consumer marketplace is known as the share economy. This paper will discuss how this new concept of the share economy has had an effect on the traditional economy and whether the shared economy is creating new value for the consumer or if it is just replacing existing business. The share economy concept involves individuals renting out their physical ... Show more content on Helpwriting.net ... 74). In the example of Airbnb and other share economy companies the transparency of the costs of goods is straight–forward due to no hidden costs and the transaction taking place directly between the buyer and seller and no intermediaries. The impact of this visibility also has an effect on companies that are not part of the share economy. The visibility of prices makes for a more competitive market. Non–share economy companies face the possibility of having to lower their prices to match share economy companies. The share economy concept is creating new value for consumers and also replacing existing businesses. The ability for consumers to rent tools, bicycles, homes or other physical assets versus buying these items at higher prices, then renting creates a better value for the consumer. This ability also creates the fallback for existing businesses because they may not be able to compete with the pricing that the share economy concept can offer. Existing businesses use different pricing strategies due to the nature of their business and overhead costs, whereas companies that do not have to consider these elements in their pricing strategy and can offer lower prices. The new concept of share economy has both positive and negative impacts for the overall marketplace. There is potential for consumers to get a great deal and for individuals to ... Get more on HelpWriting.net ...
  • 78. The Four Periods Of Wal Mart Development Essay Four periods of Wal–Mart development In this passage, I will utilize the Resource Based View (RBV) to analyze the reasons why Wal–Mart succeeded in 2003 in four periods – base, improving, stability and guarantee, which describes how Wal–Mart transformed its short–run competitive advantages to sustained competitive advantages. The core issue of the RBV is to study why there are performance differences between firms and how they use resources heterogeneity to establish and maintain competitive advantages (Wemerfelt, 1984). According to Barney (1991), Wal–Mart held the potential of sustained competitive advantages as they have already got four attributes in terms of its firm resources: (a) it must be valuable, in the sense that it can help Wal–Mart create and implement strategies to improve efficiency and effectiveness, (b) it must be rare, (c) it must be imperfectly imitable, which restricts competitions and is also the core of value creation, and (d) it must be not substitutable. What is essential to point out is that there is a progressive relationship between these four attributes. First of all, that a resource is valuable is enable firms to survive; secondly, when the resource is rare, it will provide a short–run competitive advantage for the firm; however, if the resource is easily imitated, the advantages will disappear. Therefore the inimitable one is considerately significant; finally, there is no substitute for such a resource. Only when these four attributes are ... Get more on HelpWriting.net ...
  • 80. The Challenges Of The Home Furniture Store Industry Jainam Shah While disruption and innovation within traditional industries has drastically altered the underlying business environment, one industry has largely been left behind: furniture. The U.S. home furniture store industry is "extremely concentrated, with 50 of the largest U.S. stores accounting for 75 percent of the industry revenue." Until recently, incumbent furniture retailers have managed to avoid disruption because of the complexity involved in the supply chain, scale advantages and unit economics of delivery that make it expensive for startups to compete. As a result, furniture shopping remains a cumbersome, impersonal and a "one size fits all" experience with consumers being exposed to delivery delays, retail markups and middlemen. However, Tylko aims to radically modernize key parts of the designer furniture industry from manufacturing, designing, customisability to the eventual delivery and effectively replace mass–produced furniture with "mass customized" furniture. Tylko offers fully customizable furniture products ranging from tables to totem mills through their IOS app which enables consumers to alter the style and dimensions of furniture digitally. It hopes to provide a better solution to the tedious method of measuring spaces and visiting furniture stores to find perfectly fitting furniture. Instead, the Tylko app uses "Augmented Reality to display 3D objects through the user's device camera" and lets the users customize the color, layout and ... Get more on HelpWriting.net ...
  • 82. Easycar Swot EasyCar is one of the companies under the easyGroup brand name created by Stelios Haji–Ioannou. It is the fastest growing car rental company in Europe because it offers value for money. This is achieved by simplifying the car, and passing on the benefits to the customer in the form of a lower price. This low cost car rental idea is not for every consumer. Since the market is segmented into business and leisure travelers easyCar tries to focus all of its efforts to the price sensitive leisure segment. It has taken them two years for easyCar to break even, and Stelios intends to quadruple its sales in the next two years. Swot Analysis: Strengths: Leverage on established brand reputation of easyJet (by easyGroup): EasyCar is a member ... Show more content on Helpwriting.net ... Finally, there are many additional charges that are explained in the fine print. When easyCar first opened they received a lot of bad press because they didn't explain their costs clearly. Recently they have been trying to make their charges more transparent to the customer. Opportunities: Expand into other European markets: Experts of the car rental industry feel that Europe is "ripe for consolidation." This is significant since it will allow easyCar to work together in different countries across Europe and further strengthen its brand. Broaden the fleet size to offer customers more choices: To further expand easyCars market share they could offer more selection. Customers value choice, but this is only realistically possible if the prices remain low. Further develop the one hour car rental service provider: To compete with local transportation like buses and cabs they can target citizens of each city who only want to rent a car for an hour or a short amount of time to complete less time consuming tasks. Threats: Legal Challenges: If the company is unable to amend the seven day full refund law than there could be serious consequences. The utilization rate would be expected to fall from 90% to 65%, and it could also delay their expected 2004 IPO. There is also legal criticism with the posting of peoples faces on the website who have overdue cars. Competition: There are several internationally recognized car rental companies, and ... Get more on HelpWriting.net ...