IKEA company overview:
Background:
IKEA was founded in 1943 by Swedish native Ingvar Kamprad (Freden, 2020). Initially Ingvar’s business consisted of him riding his bike around his home town selling miscellaneous items, such as lighters and pens (Lewis, 2016) . It wasn’t until 1947 that Ingvar first began selling furniture made by local manufacturers (Lewis, 2016). Business was good and IKEA was beginning to generate a profit until 1955 when the manufacturers that supplied IKEA boycotted the business due to pressure from competitors having to compete with IKEA’s lower prices (Lewis, 2016). Determined, Ingvar began designing his own furniture and outsourcing manufacturing to neighboring countries, such as Denmark and Poland (IKEA website, 2020). This led to the development of the revolutionary and cost efficient process of “flat packing furniture”, which will later revolutionize the company (Freden, 2020). Over the following years, IKEA saw a large amount of international expansion throughout Europe during the 1970’s and overseases to the United States and Asia in the 1980’s (Freden, 2020). Today IKEA has exploded as a titan of industry with over 400 stores worldwide, 211,000 employees, and $44 billion dollars in sales (O’Connell, 2019; Magnusson).
Vision:
“To create a better everyday life for the many people” (IKEA Website, 2020).
By optimizing their value chain and establishing solid supplier relationships, IKEA strives to “offer a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them” (IKEA website, 2020).
Global Strategy:
Globalization:
With each passing day, the world is continuously getting smaller and smaller. Globalization has given companies the opportunity to expand beyond its home country’s borders and has facilitated the movement of people, products, information, and money across the globe.
Following the end of WWII, in 1957 the European Committee was formed by the Treaty of Rome as a way of unifying European nations and establishing a common market (Lasserre, 2018). Europe saw an explosion of business as more and more countries joined together in more political and economical integration, thus leading to the creation of the european union in 1993 (Lasserre, 2018).
During this time period was when IKEA had an explosion of international expansion (Lewis, 2016). While there were many speed bumps along the way, IKEA was still able to attract shoppers that were looking for modern furniture at cheaper prices (Freden, 2020).
European expansion
After much pressure from competitors, local Swedish manufacturers boycotted IKEA and forced the company to outsource product manufacturing and adopt a global sourcer stance (IKEA Website, 2020). The boycott later proved to be very beneficial as this was when IKEA was able to benefit from even cheaper production costs and could adopt an even stronger low-cost strategy. After much success in the Swedish ...
Rubric for Port Improvement Plan (PIP) Outline and PresentationI.docxtoddr4
Rubric for Port Improvement Plan (PIP) Outline and Presentation
Integration of course concepts
25%
Completeness of analysis
30%
Logically supported conclusions, recommendations
25%
Bibliographic support, APA format
10%
Grammar, spelling, and punctuation
10%
TOTAL
100%
116-015 IKEA in Saudi Arabia (A)
IKEA in Saudi Arabia (A) 116-015
KA RTHIK RA MANNA
JÉRÔME LENHARDT
MA RC H OMS Y IKEA in Saudi Arabia (A)
On October 1, 2012, the Swedish newspaper Metro revealed on its front page that Inter IKEA Systems B.V. (hereafter Inter IKEA Systems) – one of Sweden’s most iconic companies and the world’s largest furniture retailer – had erased all images of women from its fall 2012 catalog for Saudi Arabia.1 The Metro article compared pages depicting women models from Inter IKEA System’s Swedish catalog to the equivalent pages in its Saudi catalog from which the women had been removed (see Exhibit 1a for a picture of the Metro front page and Exhibit 1b for further pictures of the differences between the Swedish and Saudi catalogs). The newspaper article immediately sparked additional media attention and criticism directed against the IKEA brand. In Sweden, government officials raised questions about how Inter IKEA Systems was living up to its own values and commitments to human rights and gender equality. Worldwide, news outlets and social media platforms like Twitter were abuzz, with some critics accusing Inter IKEA Systems of betraying the company’s Scandinavian values and yielding instead to pressure from the conservative Islamic state.2 (Saudi law and culture was generally considered very strict towards women, barring them, for instance, from driving and requiring them to have the consent of a male “guardian” to travel abroad or work.3)
Faced with the growing backlash, the company considered its potential responses. It could reissue its catalog with women included, but this approach risked running afoul of Saudi censors who could impose harsh penalties against organizations considered violating local laws.4 Three IKEA stores had been opened since 1983 in Saudi Arabia, through a local franchisee, Ghassan Alsulaiman Furniture Co.5 It was wary of putting this operation in jeopardy. Alternatively, Inter IKEA Systems could do nothing at all, hoping for the crisis to blow over. But the company was known internationally for its commitment to social and economic development and to human rights. It was even a signatory to a United Nations compact to this effect.6 So much of its brand identity was tied into its progressive social image, as marketing journalist Rob Gray explained, “This is the same company that in the 1990s ran one of the first TV commercials in the U.S. to feature a gay couple – and received bomb threats in response. Obliterating women in an act of censorship certainly didn’t look good to many IKEA customers in markets around the world more used to a liberal, inclusive stance from the brand.”7 Moreover, some consumers in its key ho.
1 Assessment 2 Case Study Assignment Spec.docxhoney725342
1
Assessment 2
Case Study
Assignment Specifics:
Read the case study and answer all four questions
This is an individual piece of work
Weighting: 40% towards final grade
Please use the Harvard Referencing System for referencing requirements
Total wordage: 4000 words
IKEA: A Long March to the Far East
From its humble beginning as a small general retail store in a village situated
in the south of Sweden, IKEA has grown into the world’s largest furniture
retailer with 279 stores in 36 countries today. The name IKEA is formed from
the founder's initials I. K. (Ingvar Kamprad) plus the first letters of Elmtaryd (E)
and Agunnaryd (A), the farm and village where he grew up. Specializing in
furniture and home decoration, IKEA has an annual turnover of 19.8 billion
euros (source: IKEA, www.ikea.com, accessed 25/03/2012). The IKEA
catalogue is printed in 52 editions with 25 languages, with a global distribution
in excess of 160 million copies.
IKEA’s success has been nothing short of a global phenomenon. Edvardsson
and Edquist (2002) have accounted for the company’s rise to global success
following the timeline of three development phases. In phase one, IKEA’s
core concepts were formed as a result of adapting to the market
circumstances. The important moments during this period were publishing the
first IKEA catalogue in 1951, opening the first furniture showroom in Älmhult in
1953, introducing flat packages in 1956 and finding the key to low cost
production in Poland in the early 1960s. Phase two is characterized by the
company’s initial internationalization expansion when it reached out to its
Scandinavian neighbours in the 1960s. Since the 1970s, the company began
to expand farther into other European countries, Australia and Canada. In
1985, IKEA arrived at the world’s largest consumer market—the United States
where first experienced North America as a market very different from those
in Europe. Armed with its international experience in Europe and North
America, IKEA took the company into the third phase of its development by
embarking on a major expansion into the Far East, in particular Japan and
China.
http://www.ikea.com/
http://www.ikea.com/
2
IKEA sees the Far Asia as an emerging market still in its infant stage. Its
number of retail outlets in Malaysia, Singapore, Taiwan, Beijing, Shanghai
and Hong Kong are very small and comprises a mere 3% of the company’s
total sales. These stores were expected to be more successful in the near
future. IKEA’s imminent strategic expansion into this region exemplified its
ambitions to dominate this emerging market.
IKEA’s entry into Mainland China started in 1998 when it opened its first store
in Shanghai, followed by Beijing in 1999. IKEA took its time to get to know the
Chinese customers. This prudent approach to market entry took IKEA the
following 5 years before it opened its first full-scale standard IKE ...
1 Assessment 2 Case Study Assignment Spec.docxmercysuttle
1
Assessment 2
Case Study
Assignment Specifics:
Read the case study and answer all four questions
This is an individual piece of work
Weighting: 40% towards final grade
Please use the Harvard Referencing System for referencing requirements
Total wordage: 4000 words
IKEA: A Long March to the Far East
From its humble beginning as a small general retail store in a village situated
in the south of Sweden, IKEA has grown into the world’s largest furniture
retailer with 279 stores in 36 countries today. The name IKEA is formed from
the founder's initials I. K. (Ingvar Kamprad) plus the first letters of Elmtaryd (E)
and Agunnaryd (A), the farm and village where he grew up. Specializing in
furniture and home decoration, IKEA has an annual turnover of 19.8 billion
euros (source: IKEA, www.ikea.com, accessed 25/03/2012). The IKEA
catalogue is printed in 52 editions with 25 languages, with a global distribution
in excess of 160 million copies.
IKEA’s success has been nothing short of a global phenomenon. Edvardsson
and Edquist (2002) have accounted for the company’s rise to global success
following the timeline of three development phases. In phase one, IKEA’s
core concepts were formed as a result of adapting to the market
circumstances. The important moments during this period were publishing the
first IKEA catalogue in 1951, opening the first furniture showroom in Älmhult in
1953, introducing flat packages in 1956 and finding the key to low cost
production in Poland in the early 1960s. Phase two is characterized by the
company’s initial internationalization expansion when it reached out to its
Scandinavian neighbours in the 1960s. Since the 1970s, the company began
to expand farther into other European countries, Australia and Canada. In
1985, IKEA arrived at the world’s largest consumer market—the United States
where first experienced North America as a market very different from those
in Europe. Armed with its international experience in Europe and North
America, IKEA took the company into the third phase of its development by
embarking on a major expansion into the Far East, in particular Japan and
China.
http://www.ikea.com/
http://www.ikea.com/
2
IKEA sees the Far Asia as an emerging market still in its infant stage. Its
number of retail outlets in Malaysia, Singapore, Taiwan, Beijing, Shanghai
and Hong Kong are very small and comprises a mere 3% of the company’s
total sales. These stores were expected to be more successful in the near
future. IKEA’s imminent strategic expansion into this region exemplified its
ambitions to dominate this emerging market.
IKEA’s entry into Mainland China started in 1998 when it opened its first store
in Shanghai, followed by Beijing in 1999. IKEA took its time to get to know the
Chinese customers. This prudent approach to market entry took IKEA the
following 5 years before it opened its first full-scale standard IKE ...
Rubric for Port Improvement Plan (PIP) Outline and PresentationI.docxtoddr4
Rubric for Port Improvement Plan (PIP) Outline and Presentation
Integration of course concepts
25%
Completeness of analysis
30%
Logically supported conclusions, recommendations
25%
Bibliographic support, APA format
10%
Grammar, spelling, and punctuation
10%
TOTAL
100%
116-015 IKEA in Saudi Arabia (A)
IKEA in Saudi Arabia (A) 116-015
KA RTHIK RA MANNA
JÉRÔME LENHARDT
MA RC H OMS Y IKEA in Saudi Arabia (A)
On October 1, 2012, the Swedish newspaper Metro revealed on its front page that Inter IKEA Systems B.V. (hereafter Inter IKEA Systems) – one of Sweden’s most iconic companies and the world’s largest furniture retailer – had erased all images of women from its fall 2012 catalog for Saudi Arabia.1 The Metro article compared pages depicting women models from Inter IKEA System’s Swedish catalog to the equivalent pages in its Saudi catalog from which the women had been removed (see Exhibit 1a for a picture of the Metro front page and Exhibit 1b for further pictures of the differences between the Swedish and Saudi catalogs). The newspaper article immediately sparked additional media attention and criticism directed against the IKEA brand. In Sweden, government officials raised questions about how Inter IKEA Systems was living up to its own values and commitments to human rights and gender equality. Worldwide, news outlets and social media platforms like Twitter were abuzz, with some critics accusing Inter IKEA Systems of betraying the company’s Scandinavian values and yielding instead to pressure from the conservative Islamic state.2 (Saudi law and culture was generally considered very strict towards women, barring them, for instance, from driving and requiring them to have the consent of a male “guardian” to travel abroad or work.3)
Faced with the growing backlash, the company considered its potential responses. It could reissue its catalog with women included, but this approach risked running afoul of Saudi censors who could impose harsh penalties against organizations considered violating local laws.4 Three IKEA stores had been opened since 1983 in Saudi Arabia, through a local franchisee, Ghassan Alsulaiman Furniture Co.5 It was wary of putting this operation in jeopardy. Alternatively, Inter IKEA Systems could do nothing at all, hoping for the crisis to blow over. But the company was known internationally for its commitment to social and economic development and to human rights. It was even a signatory to a United Nations compact to this effect.6 So much of its brand identity was tied into its progressive social image, as marketing journalist Rob Gray explained, “This is the same company that in the 1990s ran one of the first TV commercials in the U.S. to feature a gay couple – and received bomb threats in response. Obliterating women in an act of censorship certainly didn’t look good to many IKEA customers in markets around the world more used to a liberal, inclusive stance from the brand.”7 Moreover, some consumers in its key ho.
1 Assessment 2 Case Study Assignment Spec.docxhoney725342
1
Assessment 2
Case Study
Assignment Specifics:
Read the case study and answer all four questions
This is an individual piece of work
Weighting: 40% towards final grade
Please use the Harvard Referencing System for referencing requirements
Total wordage: 4000 words
IKEA: A Long March to the Far East
From its humble beginning as a small general retail store in a village situated
in the south of Sweden, IKEA has grown into the world’s largest furniture
retailer with 279 stores in 36 countries today. The name IKEA is formed from
the founder's initials I. K. (Ingvar Kamprad) plus the first letters of Elmtaryd (E)
and Agunnaryd (A), the farm and village where he grew up. Specializing in
furniture and home decoration, IKEA has an annual turnover of 19.8 billion
euros (source: IKEA, www.ikea.com, accessed 25/03/2012). The IKEA
catalogue is printed in 52 editions with 25 languages, with a global distribution
in excess of 160 million copies.
IKEA’s success has been nothing short of a global phenomenon. Edvardsson
and Edquist (2002) have accounted for the company’s rise to global success
following the timeline of three development phases. In phase one, IKEA’s
core concepts were formed as a result of adapting to the market
circumstances. The important moments during this period were publishing the
first IKEA catalogue in 1951, opening the first furniture showroom in Älmhult in
1953, introducing flat packages in 1956 and finding the key to low cost
production in Poland in the early 1960s. Phase two is characterized by the
company’s initial internationalization expansion when it reached out to its
Scandinavian neighbours in the 1960s. Since the 1970s, the company began
to expand farther into other European countries, Australia and Canada. In
1985, IKEA arrived at the world’s largest consumer market—the United States
where first experienced North America as a market very different from those
in Europe. Armed with its international experience in Europe and North
America, IKEA took the company into the third phase of its development by
embarking on a major expansion into the Far East, in particular Japan and
China.
http://www.ikea.com/
http://www.ikea.com/
2
IKEA sees the Far Asia as an emerging market still in its infant stage. Its
number of retail outlets in Malaysia, Singapore, Taiwan, Beijing, Shanghai
and Hong Kong are very small and comprises a mere 3% of the company’s
total sales. These stores were expected to be more successful in the near
future. IKEA’s imminent strategic expansion into this region exemplified its
ambitions to dominate this emerging market.
IKEA’s entry into Mainland China started in 1998 when it opened its first store
in Shanghai, followed by Beijing in 1999. IKEA took its time to get to know the
Chinese customers. This prudent approach to market entry took IKEA the
following 5 years before it opened its first full-scale standard IKE ...
1 Assessment 2 Case Study Assignment Spec.docxmercysuttle
1
Assessment 2
Case Study
Assignment Specifics:
Read the case study and answer all four questions
This is an individual piece of work
Weighting: 40% towards final grade
Please use the Harvard Referencing System for referencing requirements
Total wordage: 4000 words
IKEA: A Long March to the Far East
From its humble beginning as a small general retail store in a village situated
in the south of Sweden, IKEA has grown into the world’s largest furniture
retailer with 279 stores in 36 countries today. The name IKEA is formed from
the founder's initials I. K. (Ingvar Kamprad) plus the first letters of Elmtaryd (E)
and Agunnaryd (A), the farm and village where he grew up. Specializing in
furniture and home decoration, IKEA has an annual turnover of 19.8 billion
euros (source: IKEA, www.ikea.com, accessed 25/03/2012). The IKEA
catalogue is printed in 52 editions with 25 languages, with a global distribution
in excess of 160 million copies.
IKEA’s success has been nothing short of a global phenomenon. Edvardsson
and Edquist (2002) have accounted for the company’s rise to global success
following the timeline of three development phases. In phase one, IKEA’s
core concepts were formed as a result of adapting to the market
circumstances. The important moments during this period were publishing the
first IKEA catalogue in 1951, opening the first furniture showroom in Älmhult in
1953, introducing flat packages in 1956 and finding the key to low cost
production in Poland in the early 1960s. Phase two is characterized by the
company’s initial internationalization expansion when it reached out to its
Scandinavian neighbours in the 1960s. Since the 1970s, the company began
to expand farther into other European countries, Australia and Canada. In
1985, IKEA arrived at the world’s largest consumer market—the United States
where first experienced North America as a market very different from those
in Europe. Armed with its international experience in Europe and North
America, IKEA took the company into the third phase of its development by
embarking on a major expansion into the Far East, in particular Japan and
China.
http://www.ikea.com/
http://www.ikea.com/
2
IKEA sees the Far Asia as an emerging market still in its infant stage. Its
number of retail outlets in Malaysia, Singapore, Taiwan, Beijing, Shanghai
and Hong Kong are very small and comprises a mere 3% of the company’s
total sales. These stores were expected to be more successful in the near
future. IKEA’s imminent strategic expansion into this region exemplified its
ambitions to dominate this emerging market.
IKEA’s entry into Mainland China started in 1998 when it opened its first store
in Shanghai, followed by Beijing in 1999. IKEA took its time to get to know the
Chinese customers. This prudent approach to market entry took IKEA the
following 5 years before it opened its first full-scale standard IKE ...
This case study is about a multinational company which sells ready to assemble furniture and home accessories. According to the economics records as at 2008 this is the world largest furniture retailer. (Forbes, 2013)
This report describes about the main strategies which IKEA use to approach to different markets with different consumers and with them IKEA has evolved into the largest furniture retailer in the world with approximately 300 stores in 38 countries and revenues topping $21.5 billion in 2009. Its top countries in terms of sales include Germany, 16 percent; United States, 11 percent; France, 10 percent; United Kingdom, 7 percent; and Italy, 7 percent. (Business week, 2005)
According to the final decision IKEA has made a different way of shop for furniture with the time develops and it has reach to the expectations of its customers according to their expectations.
Finally, in the conclusion of the report shows the final view of the researcher about the finding regarding to the IKEA strategies throughout the research and final judgment which make about the given case.
How can SB-design square, Index Furniture and Modernform survive after Ikea, a global leader, enters the market competition?
Currently, four key players dominate the furniture market: Index, SB Design, Modernform and Ikea. Ikea is a Swedish enterprise. It entered the market at the end of 2011. It made the market competition fiercer by bringing superior design and technology. Ikea has come to change the competitive landscape of the Thai furniture market by making Thai furniture companies not only compete on price but also on design.
CASE 6 Business Model and Competitive Strategy of IKEA in India.docxwendolynhalbert
CASE 6: Business Model and Competitive Strategy of IKEA in India
Syed Abdul Samad
IBS Center for Management Research (ICMR)
· “We are very determined but very patient at the same time. We started this journey six years ago. Things are finally moving and we are satisfied with the progress so far…
“I truly believe that the IKEA format is going to work. What is an IKEA store? An IKEA store has more than 9000 different articles for the entire family. We offer an experience for the whole family. Also remember, at IKEA we don’t sell products, we sell inspiration.”1
– Juvencio Maeztu, IKEA’s Country Manager for India, in 2013
After a year of lobbying and negotiating with and convincing the Indian politicos and bureaucrats, IKEA’s €1.5 billion investment proposal to set up its stores in India was finally accepted by the local government on May 2, 2013. However, as of July 2013, Juvencio Maeztu (Maeztu), IKEA’s Country Manager for India, found he still had a colossal task ahead of him.
IKEA, the Netherlands-based Swedish company, was the largest furniture retailer in the world with a presence in 44 countries around the globe—in countries like the US, the UK, Russia, the EU region, Japan, China, Australia, etc. However, it did not enter into the Indian market till 2013, though the company had had a presence in the country since the 1980s as a sourcing destination for its global stores. It had even opened its regional procurement office in Gurgaon, India, in 2007. In 2009, IKEA tried to enter the country to establish its stores, but its attempts were thwarted by India’s stringent Foreign Direct Investment (FDI) regulations. It again applied for permission for entry in June 2012, after India had made some changes in its FDI rules. However, IKEA had to wait another year, hitting many roadblocks on the way, before it was able to obtain the Indian government’s approval to establish its stores. The company also had to tweak its global store model to fit the Indian FDI and sourcing outlines and Indian consumer preferences.
While Maeztu was tasked with tapping the Rs.* 925 billion Indian furniture and furnishings market, analysts were keenly waiting to see what strategies the furniture giant would come up with to win the highly-fragmented, price-sensitive Indian market—as many Indian middle-class families preferred to have their furniture custom-made from small retailers or local carpenters. No two Indian homes had the same kind of furniture as Indians in general showed more of an affinity for unique woodwork and designs rather than flat geometric furniture. “Living room in India is different from any other country—a place for socializing and every activity is around the food. In some countries it is the kitchen and in some countries living room is used for sleeping,”2 said Maeztu. More important was the fact the Indian customer did not prefer the concept of do-it-yourself (where buyers had to assemble different pieces of the product themselves), a key part o ...
Firm Strategy for Global or Multi-domestic OrganizationsAssignment Studio
Firms are utilizing and adopting several strategies as per nature of their business to accomplish mission and vision. In this report, several global strategies have been explored and the applications and practical implications have also been compared with a global firm. The operations of IKEA have been studied to see the outcomes of global strategy in its operations.
Global Strategy andOrganizationGlobal Strategy andOrgani.docxwhittemorelucilla
Global Strategy and
Organization
Global Strategy and
Organization
c h a p t e r
Learning Objectives
In this chapter, you will
learn about:
> IKEA’s Global Strategy
Furniture retailer IKEA is a Swedish company that has transformed itself into a
global organization over the past three decades. Ingvar Kamprad founded the firm
in Sweden in 1943 when he was 17 years old. IKEA originally sold pens, picture
frames, jewelry, and nylon stockings—any product that Kamprad could sell at a low
price. In 1950, IKEA began selling furniture and housewares. In the 1970s, the
company began expanding into Europe and North America. IKEA’s philosophy is to
offer quality, well-designed furnishings at low prices. The company designs “knock-
down” furniture that the customer purchases and then assembles at home. Designs
implement functional, utilitarian, and space-saving features, with a distinctive Scan-
dinavian style.
IKEA Group sales for the fiscal year 2006 totaled 17.3 billion euros, mak-
ing IKEA the largest furniture retailer in the world. Its stores, usually located in
major cities, are mammoth, warehouse-style outlets, with each stocking approxi-
mately 9,500 items, including everything for the home—from sofas to plants to
kitchen utensils.
IKEA is now owned by a Dutch-registered foundation controlled by the Kam-
prad family. Its corporate offices are in the Netherlands, Sweden, and Belgium.
11
312
1. The role of strategy in
international business
2. The integration-responsiveness
framework
3. Distinct strategies emerging
from the integration-
responsiveness framework
4. Organizational structure
5. Alternative organizational
arrangements for international
operations
6. Building the global firm
7. Putting organizational change in
motion
CAVUMC11_312-343hr 10/15/07 11:26 AM Page 312
Product development, purchasing, and warehousing are concentrated in Sweden.
Headquarters designs and develops IKEA’s global product line and branding, often
in close collaboration with external suppliers. Approximately 30 percent of the mer-
chandise is made in Asia, and two-thirds in Europe. A few items are sourced in
North America to address the specific needs of that market, but 90 percent of IKEA’s
product line is identical worldwide. Managers at IKEA stores feed market research
back to headquarters in Sweden on sales and customer preferences.
IKEA targets people all over the world, with a focus on families with limited
income and limited living space. This global segment is characterized by liberal-
minded, well-educated, white-collar people—including college students—who care
little about status and view foreign products positively. Targeting a global customer
segment allows IKEA to offer standardized products at uniform prices, a strategy
that minimizes the costs of international operations. IKEA seeks scale economies by
consolidating worldwide design, purchasing, and manufacturing. It distinguishes
itself from conventional furniture makers that s ...
This was an assignment in which we had to research L'Oreal and recommend new products and new markets that would be best to expand into based on our findings.
Week 10 Term Paper SubmissionIf you are using the Blackboard Mobil.docxsheronlewthwaite
Week 10 Term Paper Submission
If you are using the Blackboard Mobile Learn IOS App, please click "View in Browser."
Click the link above to submit your assignment.
Students, please view the "Submit a Clickable Rubric Assignment" in the Student Center.
Instructors, training on how to grade is within the Instructor Center.
Term Paper Project: Designing a Secure Network
Due Week 10 and worth 190 points
This term paper involves putting together the various concepts learned throughout this course. You are tasked with designing the most secure network possible, keeping in mind your goal of supporting three (3) IT services: email, file transfer (centralized), and VPN. Your first step is to design a single network capable of supporting there three (3) different services. Once you have fully designed your network, you will need to provide three (3) workflow diagrams explaining how your designed network handles the three (3) different transactions. The first is an internal user sending an email using his / her corporate email address to a user on the Yahoo domain with an arbitrary address of
[email protected]
The second workflow diagram should show a user initiating an FTP session from inside your network to the arbitrary site of ftp.netneering.com. The third workflow is an externally located employee initiating a VPN session to corporate in order to access files on the Windows desktop computer, DT-Corp534-HellenS, at work.
Write a ten to fifteen (10-15) page paper in which you complete the following three (3) Parts. Note: Please use the following page breakdown to complete your assignment:
Overall network diagram: One (1) page
Datapath diagrams: Three (3) pages (one for each diagram)
Write-up: six to ten (6-10) pages
Part 1
Using Microsoft Visio or its open source alternative, create a diagram showing the overall network you’ve designed from the user or endpoint device to the Internet cloud, and everything in between, in which you:
Follow the access, core, distribution layer model.
Include at a minimum:
Authentication server (i.e. Microsoft Active Directory)
Routers
Switches (and / or hubs)
Local users
Remote users
Workstations
Files share (i.e. CIFS)
Mail server
Web servers (both internal and external)
Firewalls
Internet cloud
Web proxy
Email proxy
FTP server (for internal-to-external transport)
Explain each network device’s function and your specific configuration of each networking device.
Design and label the bandwidth availability or capacity for each wired connection.
Part 2
Using Microsoft Visio or its open source alternative, create a Datapath Diagram for the following scenario:
Local user sends email to a Yahoo recipient. Local (corporate) user having email address
[email protected]
sends an email to
[email protected]
Document and label the diagram showing protocols and path of the data flow as data traverses through your network from source to destination.
Include path lines with arrows showing directions and layer 1, 2, 3, 4, 5, 6, .
Week 11 Question SetRoper v. SimmonsREAD THE ENTIRE CA.docxsheronlewthwaite
Week 11 Question Set:
Roper v. Simmons
:
READ THE ENTIRE CASE otherwise the sections I picked may not make complete sense to you!!!
Brief these sections of Justice Kennedy’s majority opinion:
III A
III B
Miller v. Alabama:
READ THE ENTIRE CASE otherwise the sections I picked may not make complete sense to you!!!
Brief these sections of Justice Kagan’s majority opinion:
II
IV
.
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This case study is about a multinational company which sells ready to assemble furniture and home accessories. According to the economics records as at 2008 this is the world largest furniture retailer. (Forbes, 2013)
This report describes about the main strategies which IKEA use to approach to different markets with different consumers and with them IKEA has evolved into the largest furniture retailer in the world with approximately 300 stores in 38 countries and revenues topping $21.5 billion in 2009. Its top countries in terms of sales include Germany, 16 percent; United States, 11 percent; France, 10 percent; United Kingdom, 7 percent; and Italy, 7 percent. (Business week, 2005)
According to the final decision IKEA has made a different way of shop for furniture with the time develops and it has reach to the expectations of its customers according to their expectations.
Finally, in the conclusion of the report shows the final view of the researcher about the finding regarding to the IKEA strategies throughout the research and final judgment which make about the given case.
How can SB-design square, Index Furniture and Modernform survive after Ikea, a global leader, enters the market competition?
Currently, four key players dominate the furniture market: Index, SB Design, Modernform and Ikea. Ikea is a Swedish enterprise. It entered the market at the end of 2011. It made the market competition fiercer by bringing superior design and technology. Ikea has come to change the competitive landscape of the Thai furniture market by making Thai furniture companies not only compete on price but also on design.
CASE 6 Business Model and Competitive Strategy of IKEA in India.docxwendolynhalbert
CASE 6: Business Model and Competitive Strategy of IKEA in India
Syed Abdul Samad
IBS Center for Management Research (ICMR)
· “We are very determined but very patient at the same time. We started this journey six years ago. Things are finally moving and we are satisfied with the progress so far…
“I truly believe that the IKEA format is going to work. What is an IKEA store? An IKEA store has more than 9000 different articles for the entire family. We offer an experience for the whole family. Also remember, at IKEA we don’t sell products, we sell inspiration.”1
– Juvencio Maeztu, IKEA’s Country Manager for India, in 2013
After a year of lobbying and negotiating with and convincing the Indian politicos and bureaucrats, IKEA’s €1.5 billion investment proposal to set up its stores in India was finally accepted by the local government on May 2, 2013. However, as of July 2013, Juvencio Maeztu (Maeztu), IKEA’s Country Manager for India, found he still had a colossal task ahead of him.
IKEA, the Netherlands-based Swedish company, was the largest furniture retailer in the world with a presence in 44 countries around the globe—in countries like the US, the UK, Russia, the EU region, Japan, China, Australia, etc. However, it did not enter into the Indian market till 2013, though the company had had a presence in the country since the 1980s as a sourcing destination for its global stores. It had even opened its regional procurement office in Gurgaon, India, in 2007. In 2009, IKEA tried to enter the country to establish its stores, but its attempts were thwarted by India’s stringent Foreign Direct Investment (FDI) regulations. It again applied for permission for entry in June 2012, after India had made some changes in its FDI rules. However, IKEA had to wait another year, hitting many roadblocks on the way, before it was able to obtain the Indian government’s approval to establish its stores. The company also had to tweak its global store model to fit the Indian FDI and sourcing outlines and Indian consumer preferences.
While Maeztu was tasked with tapping the Rs.* 925 billion Indian furniture and furnishings market, analysts were keenly waiting to see what strategies the furniture giant would come up with to win the highly-fragmented, price-sensitive Indian market—as many Indian middle-class families preferred to have their furniture custom-made from small retailers or local carpenters. No two Indian homes had the same kind of furniture as Indians in general showed more of an affinity for unique woodwork and designs rather than flat geometric furniture. “Living room in India is different from any other country—a place for socializing and every activity is around the food. In some countries it is the kitchen and in some countries living room is used for sleeping,”2 said Maeztu. More important was the fact the Indian customer did not prefer the concept of do-it-yourself (where buyers had to assemble different pieces of the product themselves), a key part o ...
Firm Strategy for Global or Multi-domestic OrganizationsAssignment Studio
Firms are utilizing and adopting several strategies as per nature of their business to accomplish mission and vision. In this report, several global strategies have been explored and the applications and practical implications have also been compared with a global firm. The operations of IKEA have been studied to see the outcomes of global strategy in its operations.
Global Strategy andOrganizationGlobal Strategy andOrgani.docxwhittemorelucilla
Global Strategy and
Organization
Global Strategy and
Organization
c h a p t e r
Learning Objectives
In this chapter, you will
learn about:
> IKEA’s Global Strategy
Furniture retailer IKEA is a Swedish company that has transformed itself into a
global organization over the past three decades. Ingvar Kamprad founded the firm
in Sweden in 1943 when he was 17 years old. IKEA originally sold pens, picture
frames, jewelry, and nylon stockings—any product that Kamprad could sell at a low
price. In 1950, IKEA began selling furniture and housewares. In the 1970s, the
company began expanding into Europe and North America. IKEA’s philosophy is to
offer quality, well-designed furnishings at low prices. The company designs “knock-
down” furniture that the customer purchases and then assembles at home. Designs
implement functional, utilitarian, and space-saving features, with a distinctive Scan-
dinavian style.
IKEA Group sales for the fiscal year 2006 totaled 17.3 billion euros, mak-
ing IKEA the largest furniture retailer in the world. Its stores, usually located in
major cities, are mammoth, warehouse-style outlets, with each stocking approxi-
mately 9,500 items, including everything for the home—from sofas to plants to
kitchen utensils.
IKEA is now owned by a Dutch-registered foundation controlled by the Kam-
prad family. Its corporate offices are in the Netherlands, Sweden, and Belgium.
11
312
1. The role of strategy in
international business
2. The integration-responsiveness
framework
3. Distinct strategies emerging
from the integration-
responsiveness framework
4. Organizational structure
5. Alternative organizational
arrangements for international
operations
6. Building the global firm
7. Putting organizational change in
motion
CAVUMC11_312-343hr 10/15/07 11:26 AM Page 312
Product development, purchasing, and warehousing are concentrated in Sweden.
Headquarters designs and develops IKEA’s global product line and branding, often
in close collaboration with external suppliers. Approximately 30 percent of the mer-
chandise is made in Asia, and two-thirds in Europe. A few items are sourced in
North America to address the specific needs of that market, but 90 percent of IKEA’s
product line is identical worldwide. Managers at IKEA stores feed market research
back to headquarters in Sweden on sales and customer preferences.
IKEA targets people all over the world, with a focus on families with limited
income and limited living space. This global segment is characterized by liberal-
minded, well-educated, white-collar people—including college students—who care
little about status and view foreign products positively. Targeting a global customer
segment allows IKEA to offer standardized products at uniform prices, a strategy
that minimizes the costs of international operations. IKEA seeks scale economies by
consolidating worldwide design, purchasing, and manufacturing. It distinguishes
itself from conventional furniture makers that s ...
This was an assignment in which we had to research L'Oreal and recommend new products and new markets that would be best to expand into based on our findings.
Week 10 Term Paper SubmissionIf you are using the Blackboard Mobil.docxsheronlewthwaite
Week 10 Term Paper Submission
If you are using the Blackboard Mobile Learn IOS App, please click "View in Browser."
Click the link above to submit your assignment.
Students, please view the "Submit a Clickable Rubric Assignment" in the Student Center.
Instructors, training on how to grade is within the Instructor Center.
Term Paper Project: Designing a Secure Network
Due Week 10 and worth 190 points
This term paper involves putting together the various concepts learned throughout this course. You are tasked with designing the most secure network possible, keeping in mind your goal of supporting three (3) IT services: email, file transfer (centralized), and VPN. Your first step is to design a single network capable of supporting there three (3) different services. Once you have fully designed your network, you will need to provide three (3) workflow diagrams explaining how your designed network handles the three (3) different transactions. The first is an internal user sending an email using his / her corporate email address to a user on the Yahoo domain with an arbitrary address of
[email protected]
The second workflow diagram should show a user initiating an FTP session from inside your network to the arbitrary site of ftp.netneering.com. The third workflow is an externally located employee initiating a VPN session to corporate in order to access files on the Windows desktop computer, DT-Corp534-HellenS, at work.
Write a ten to fifteen (10-15) page paper in which you complete the following three (3) Parts. Note: Please use the following page breakdown to complete your assignment:
Overall network diagram: One (1) page
Datapath diagrams: Three (3) pages (one for each diagram)
Write-up: six to ten (6-10) pages
Part 1
Using Microsoft Visio or its open source alternative, create a diagram showing the overall network you’ve designed from the user or endpoint device to the Internet cloud, and everything in between, in which you:
Follow the access, core, distribution layer model.
Include at a minimum:
Authentication server (i.e. Microsoft Active Directory)
Routers
Switches (and / or hubs)
Local users
Remote users
Workstations
Files share (i.e. CIFS)
Mail server
Web servers (both internal and external)
Firewalls
Internet cloud
Web proxy
Email proxy
FTP server (for internal-to-external transport)
Explain each network device’s function and your specific configuration of each networking device.
Design and label the bandwidth availability or capacity for each wired connection.
Part 2
Using Microsoft Visio or its open source alternative, create a Datapath Diagram for the following scenario:
Local user sends email to a Yahoo recipient. Local (corporate) user having email address
[email protected]
sends an email to
[email protected]
Document and label the diagram showing protocols and path of the data flow as data traverses through your network from source to destination.
Include path lines with arrows showing directions and layer 1, 2, 3, 4, 5, 6, .
Week 11 Question SetRoper v. SimmonsREAD THE ENTIRE CA.docxsheronlewthwaite
Week 11 Question Set:
Roper v. Simmons
:
READ THE ENTIRE CASE otherwise the sections I picked may not make complete sense to you!!!
Brief these sections of Justice Kennedy’s majority opinion:
III A
III B
Miller v. Alabama:
READ THE ENTIRE CASE otherwise the sections I picked may not make complete sense to you!!!
Brief these sections of Justice Kagan’s majority opinion:
II
IV
.
Week 11 (On the day you have class during this week) Population .docxsheronlewthwaite
Week 11 (On the day you have class during this week): Population
Select topic # 1 or topic # 2 below and write one page in which you briefly provide your answer: Topic # 1: Do you think rapid global population growth is cause for alarm? If not, why not? If so, what aspects of global population growth are specifically worrisome? What should be done about them? Answers will vary by student and may include references to Malthus and theory (pp. 502
–
504), demographic transition theory (pp. 505
–
507), population and social inequality (pp. 507
–
508), class inequality and overpopulation (p. 509), and urbanization (pp. 510
–
519).
Topic # 2: Do you think of the city mainly as a place of innovation and tolerance or mainly as a site of crime, prejudice, and anomie? Where does your image of the city come from? Your own experience? The mass media? Your sociological reading?
Answers will vary by student and may include references to text information on urbanization (pp. 510
–
519).
1 page 500 words
.
Week 10 Assignment 3 - Submit Here
Students
, please view the "Submit a Clickable Rubric Assignment" in the Student Center.
Instructors
, training on how to grade is within the Instructor Center.
Assignment 3: Cultural Activity Report
Due Week 10 and worth 100 points
As a way of experiencing the Humanities beyond your classroom, computer, and textbook, you are asked to do a certain type of “cultural activity” that fits well with our course and then report on your experience. Your instructor will require you to propose an activity and get instructor approval before you do it and report on it (students should look for any instructions in that respect). Every effort should be made to ensure that this is a hands-on experience (not a virtual one), that this activity fits the HUM111 class well, and that the activity is of sufficient quality for this university course. The two key types of activities are a museum visit or a performance. NOTE: This must not be a report on the same activity (and certainly not the same report) as done for another class, like HUM112. For instance, one might go to the same museum as done for HUM112, but this HUM111 report will focus on entirely different works and displays.
Visit a museum or gallery exhibition or attend a theater or musical performance before the end of Week 10. The activity (museum or performance) should have content that fits our course well. Have fun doing this.
Write a two to three (2-3) page report (500-750 words) that describes your experience.
Clearly identify the event location, date attended, the attendees, and your initial reaction upon arriving at the event.
Provide specific information and a description of at least two (2)
pieces
(e.g. art, exhibits, music, etc.).
Provide a summary of the event and describe your overall reaction after attending the event.
Use at least the class text as a reference (additional sources are fine, not necessary unless required by your content). Your report should include connections you make between things observed in your activity and things learned in the course and text.
Note
: Submit your cultural activity choice to the instructor for approval before the end of Week 5 (earlier is even better). Look for guidance from the instructor for how or where to make your proposal. You may also seek advice from your instructor (provide your town/state or zip code) for a good activity in your general area.
Visiting a Museum
It makes sense to approach a museum the way a seasoned traveler approaches visiting a city for the first time. Find out what there is available to see. In the museum, find out what sort of exhibitions are currently housed in the museum and start with the exhibits that interest you.
If there is a travelling exhibition, it’s always a good idea to see it while you have the chance. Then, if you have time, you can look at other things in the museum.
Every effort should be made ahead of time to identify a museum that has items and works one can e.
Week 1 - Discussion 2
The Industrial Revolution
Background: In the last quarter of the 19th Century, the Industrial Revolution was in full swing; however, with the business boom came a number of concerns, including corporate influence in politics and waves of immigration, as well as a middle class in apparent decline. These developments seemed to threaten to alter the character of American society as new technologies introduced new social problems, as well as offering new opportunities. The rise of captains of industry (or robber barons), with their sway of politicians, created a widespread feeling among common Americans that they had had lost control of their government.
Required Source:
The American Industrial Revolution
from the Films on Demand database in the Ashford University Library.
Instructions: Based on your textbook and the assigned video, analyze how the revolutionary nature of this period impacted either Native Americans, immigrants, or farmers, using the following questions as the basis of your analysis:
What were the most revolutionary social and economic developments of the last quarter of the nineteenth century?
How did the group of Americans you chose to examine respond to those changes, and how effective were their responses?
What role did government play in these developments?
Your initial post should be at least 250 words in length. Support your claims with examples from the required material(s) and properly cite any references. You may use additional scholarly sources to support your points if you choose. Your references and citations must be formatted according to APA style as outlined by the Ashford Writing Center.
.
Week 1 System and Application Overview An overview of the system.docxsheronlewthwaite
Week 1: System and Application Overview:
An overview of the system or software application an intended users
Week 1: Requirements Specification:
Detailed requirements specification with both functional and nonfunctional requirements
Week 2: System and Application Design:
A high-level design in the form of use cases and detailed design models utilizing computer-aided software engineering (CASE) tools to represent the data, processes, and interfaces
Week 3: Test and Quality Assurance Plan:
A test and quality assurance plan that included the various tests and quality control measures that need to be taken into consideration
Week 4: Development Strategy:
A development strategy that weighs make versus buy or insourcing versus outsourcing acquisition strategies
Integration and Deployment Plan
Develop an overall work breakdown structure (WBS) for the 7 system development life cycle (SDLC) phases:
Preliminary Analysis
System Analysis or Requirements Definition
System Design
Development
Integration and Testing
Acceptance, Installation, and Deployment
Operation Support and Maintenance
.
Week 1 DQOne objective of this course is learning how to cor.docxsheronlewthwaite
Week 1 DQ
One objective of this course is learning how to correctly interpret statistical measures. This includes learning how to identify intentionally misleading statistics. For this week's activity create your own example of a misleading statistic. Explain the context of the data, the source of the data, the sampling method that you used (or would use) to collect the data, and the (misleading) conclusions that would be drawn from your example. Be specific in explaining how the statistic is misleading.
500 hundred words one page
.
Week 1 - AssignmentDo the followingA corporation is created b.docxsheronlewthwaite
Week 1 - Assignment
Do the following:
A corporation is created by state issuing a charter upon the application of individuals known as incorporators. As a creature of state legislative bodies, the corporation is more complex to create and operate than other forms of businesses.
Write a one page essay describing the advantages and disadvantages of forming a corporation. Also, outline the complexities of creating a corporation.
In a Word document, you will want to save your essay file as ‘Week 1_Assignment_Your Name’ and submit the file for grading.
.
Weather Forecast Assignment Objective create a weather map.docxsheronlewthwaite
Weather Forecast Assignment
Objective: create a weather map and
entertaining weather forecast for 4 areas. Be as creative as possible with
your dialog. Assume this map/weather is late summer.
Criteria for your weather map:
1.
Draw two midlatitude cyclones. One occluding over the
Great Lakes and one mature over the Colorado region
2.
Write a weather forecast for the areas along the warm front
(1), cold front (2), cut off low (3), and (4) occlusion (number
1,2,3,4 and write forecast on the back)
3.
Show station models for at least 8 cities (dew point, temp,
wind vane, cloud cover, wind speed, and pressure)
4.
Draw isobars around each midlatitude cyclone and across
the US
.
Weak ties are valuable parts of a social network becausea.it is.docxsheronlewthwaite
Weak ties are valuable parts of a social network because:
a.
it is easier to sever them if a friendship doesn't blossom smoothly.
b.
it is easier to exert power over those to which we have such ties.
c.
they are more likely to introduce us to new information and ideas.
d.
we do not have to invest as much energy in maintaining them.
.
We have read and watched, in the two You Tube clips from the.docxsheronlewthwaite
We have read and watched, in the two You Tube clips from the Judaism and Christianity chapters, that monotheistic proselytizing religions have often been blamed for colonizing or destroying indigenous and foreign religions. Today, most of the world's monotheists live in countries that were once colonized by Portugal, France, Britain, Spain, Germany or other European countries. Because of this history, some critics of monotheism have argued that monotheistic religions are bad neighbors to other religions. Your task in this prompt is to reflect on this critique in light of what we have read about the history, practice, and teachings of Monotheistic faiths.
Writing Prompt:
Based on the readings and the YouTube clips we have watched explain whether or or not the teachings and practices of monotheistic faiths are helpful resources for becoming neighbors with the other non-monotheistic faiths we have studied? Explain why or why not.
Organizational Guidelines:
Introduction:
Introduce the position you are taking and clearly explain in a sentence or two why you are taking the position.
Paragraph One:
Discuss the historical events, practices or teachings that you think make monotheistic religion a good neighbor or a bad neighbor. (Be sure to use information from Brodd text and YouTube clips.)
Paragraph Two:
Expound on what you have articulated in paragraph one or present other relevant historical, events, or teachings.
*Note: You may not see a need to take two paragraphs here if not continue to the next point.
Paragraph Two or Three:
Discuss what monotheist stand to learn from other religions, which we have read, that could make them better neighbors. Or, if you think Christians are good neighbors discuss what you think the other religions we have read could learn from monotheism.(Expound on this point as you see fit.)
*Note: Choose only one or two religions here. You do not need to discuss all of the religions we have read. You also could choose to group the religions if you find they hold one thing in common that is distinct from monotheistic faith.
Paragraph Four: Conclusion
Restate and summarize your argument. Discuss what you think is the future for monotheism as it is faced with coming to terms with an awareness of religious diversity.
Word Processing Guidelines
1. 12pt font
2. 1 inch margins
3. 800 words maximum
4. For referencing please use the parenthetical format
Examples: (Brodd, 23); (YouTube, Judaism); or (YouTube, Christianity).
Helpful Guiding Questions:
What events or concepts in the history and practice of monotheism do you think make it susceptible to dominating the religions of its neighbors?
What events or concepts in the history and practice of monotheism make it the ideal neighbor to other religions?
What might monotheists learn, from the religions we have read, that might make Christians better neighbors to the world's religions? Or, what can Christians teach practitioners of the religions we have read so far that might make.
Web Site Project 1 Purpose The purpose of this project is to .docxsheronlewthwaite
Web Site Project 1
Purpose:
The purpose of this project is to demonstrate the ability to implement basic HTML code to create a simple three-page web site that displays text and links, and to properly validate the code and publish the site to the Web.
Instructions:
Create a three-page website about your favorite city. The home page should introduce the user to the city and why it is your favorite; then, briefly explain what the rest of the site contains. Page two should give general information about the city – a brief history/general information and current demographical statistics. Finally, the third page should display information about attractions, tourism, etc.
Requirements:
Your web site must demonstrate effective use of the basic HTML code from chapter 2. In order to complete
Web Site Project 1
, each page must include, at a minimum:
a properly coded head section
o
include an appropriate title to display in the title bar
a body section that demonstrates effective use of
o
heading 1 and heading 2 elements
o
paragraph and/or blockquote elements
o
line break element
o
unordered, ordered, or description lists
at least
two
different lists should be used, but not necessarily on
the same page
o
div and anchor elements
divs should be used to indicate “divisions” between sections of a web page, and create white space; for example, between the heading, navigation, content, and footer
anchor elements should be used to construct relative, absolute, and email links
o
bold and italicize phrase elements
navigation and external links
o
create navigation links to link your web pages
o
link to at least four other web sites that pertain to your favorite city
NOTE:
the external links do not have to be on every page and
cannot
include the site(s) you used for research
•
email and copyright information
o
include the text
Questions? Contact
with a link to your email address
o
include the word
Copyright
and the copyright symbol (note: the symbol
must use the appropriate code)
o
must include links to at least two online sources
o
this information must display on every page
.
Web QuizAssignment Name Web Field Trip Military Industrial Com.docxsheronlewthwaite
Web Quiz
Assignment Name:
Web Field Trip: Military Industrial Complex
Title:
Military Industrial Complex
Introduction:
World War II and then the Cold War increased the annual budget of the United States dramatically in the two decades from 1940 to 1960. During this period, the United States went from a reluctant participant in Western European culture to the military protector of Western Europe. The increase in the money spent on the military had enormous implications not only for the role of the United States in geopolitics, but also for the viability of democratic institutions within the United States. As members of congress became increasingly beholden to military contractors who supplied jobs in their congressional districts, the nature of politics in the United States changed significantly. In 1960, republican president Dwight Eisenhower called attention to what he originally labeled the military-industrial-congressional complex, a phrase that he later shortened to simply the military industrial complex.
To read Eisenhower's warning, see the following site.
Activity
Visit this URL:
Military-Industrial Complex Speech, Dwight D. Eisenhower, 1961
Instructions:
Answer the following questions in the fields below.
1.
Why was Eisenhower a particularly well informed person on this subject?
2.
How did Eisenhower feel about the escalating costs of warfare?
3.
What were the implications of leaving this issue alone?
Web Quiz
Assignment Name:
The Port Huron Statement of the Students for a Democratic Society (1962)
Title:
The Port Huron Statement of the Students for a Democratic Society (1962)
Introduction:
The Port Huron statement was issued by a meeting of the Students for a Democratic Society (SDS) convention in Port Huron, Michigan, held on June 11-15, 1962. Largely written by Tom Hayden, the statement proclaims that young people are breaking away from the conservatism bred by the Cold War, frightened by the prospect of nuclear war, and alienated from American society by the falsehoods they have been told. The statement lays out the ways the New Left movement will create a grass-roots "participatory democracy," able to reconnect the public with American politics.
Visit URL:
The Port Huron Statement of the Students for a Democratic Society (1962)
Instructions:
After reading the introduction and the primary source provided, answer the questions below.
What does the statement say about African Americans and civil rights?
What concerns are raised about poverty in the United States?
What economic changes are called for?
What are the key components of participatory democracy?
Why are the demands of the Port Huron Statement considered on the liberal/left end of the political spectrum?
.
Web Technology PresentationSubmit a presentation for the CIO. Your.docxsheronlewthwaite
Web Technology Presentation
Submit a presentation for the CIO. Your presentation should address in detail the requirements for changing the database to a web-based architecture. Your CIO is interesting in knowing whether it is cost effective to use the cloud as an alternative for storing data. Explore additional options such as hosted SQL servers, SaaS providers, cloud deployment models, and the security implications.
To help the CIO make an informed decision, discuss the steps required to determine whether a web solution is appropriate and viable.
it should be 3-4 pages and tunitin free
.
We normally think of the arts as very different from technologies in.docxsheronlewthwaite
We normally think of the arts as very different from technologies in spite of the fact that art (with perhaps a few exceptions) is practiced with the help of technology. This practice creates interdependence between technology and art. To what extent does art respond to, or is shaped by, the technology that enables it? To what extent have advanced and accessible digital technologies, such as websites, digital photography, and YouTube, changed the relationship between art and technology? Are these technologies reshaping our attitudes toward artists?
.
Web Discussion and Assignment #41 page is Web Discussion with this.docxsheronlewthwaite
Web Discussion and Assignment #4
1 page is Web Discussion with this requirements.
2 page assignment #4 more later send info.
1 page Web Discussion Post
Take Christian Smith's subcultural identity theory and discuss it in terms of some example from your own life. Think of the sub-cultures in your own life that you belong to. It can be anything -- any kind of group or collective identity. Examples include fans of a particular sub-genre of music or fiction or art or sports team, participation in a sorority or fraternity, a religious group, a political group, etc. It doesn’t have to be a group that you belong to explicitly, just other people that you might identify with in some way or another.
Once you have a group in mind, talk about the symbolic things about this group that create a sense of collective identity. Smith talks about evangelical Christianity as creating strong symbolic boundaries through the unique beliefs and practices of their religion. But you could also think of this as much more simple practices. For example, if I wanted to write about being a University of Arizona football fan, I could talk about the practice of wearing clothing that identifies me as part of that group. Or I could talk about going to pep rallys or tailgating events where I can interact socially with other members of that group.
The key to applying the subcultural identity theory to understand culture, is to identify the ways in which different sub-cultures create symbolic boundaries that enable collective identity.
.
Web Application SeurityAs the Information Systems Security Offic.docxsheronlewthwaite
Web Application Seurity
As the Information Systems Security Officer for your large health care company, you have been assigned the task of implementing Web security. Determine how you would implement security to eliminate single points of failure.
Describe the implementation of Secure Sockets Layer (SSL) in support of Hypertext Transfer Protocol Secure (HTTPS). Assess how you are assured that your browser is secure. Determine if the user data truly is protected or this is a false sense of security. Give an example of SSL being compromised.
.
We use computers and electronic systems to run and store just about .docxsheronlewthwaite
We use computers and electronic systems to run and store just about everything. Personal computers and the Internet are now included as part of the Department of Homeland Security's cybersecurity issues.
Cybersecurity involves protecting the information by preventing, detecting, and responding to attacks on information that is housed in technology.
There are many levels of risks in cybersecurity, some more serious and damaging than others. Among these dangers are:
Viruses erasing the entire system.
Individuals breaking into personal computer systems and altering the systems' files.
Individuals using personal computers to attack others' computer systems.
Individuals stealing credit card information and making unauthorized purchases.
Unfortunately, there is no 100% guarantee that even with the best precautions some of these things won't happen. Risk reduction steps exist to minimize vulnerability to information.
Tasks:
Create a PowerPoint Presentation containing 6–8 slides to address the following:
Analyze and discuss the vulnerabilities and recommend what security management can do to minimize the potential of a government or private organization being at risk for cybersecurity damage.
Outline the steps you recommend and identify any impediments to successfully implementing the suggested cybersecurity program.
Support your presentation with at least three outside scholarly resources using APA in-text citations. Add detailed speaker notes for each of the slides.
.
we need to understand all six project feasibility factors. Its true.docxsheronlewthwaite
we need to understand all six project feasibility factors. It's true we need to consider all of them when beginning to plan for a system change. Why is the process of assessing project feasibility so important? What are the various methods for assessing project feasibility? When would one of them take precedence over the others
.
we have to write an essay 2 pages about Gustave Whitehead and the Wr.docxsheronlewthwaite
we have to write an essay 2 pages about Gustave Whitehead and the Wright brothers and we have to write an opinion on who do we think flew the first plane.
Did he fly before the wright brothers? You have to write both sides of the debate and then decide who is telling the truth . two pages due Thursday
Sorry I just realize I forgot to write the guys name . Gustave whitehead
Did Gustave whitehead flew before the right brothers.
.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Safalta Digital marketing institute in Noida, provide complete applications that encompass a huge range of virtual advertising and marketing additives, which includes search engine optimization, virtual communication advertising, pay-per-click on marketing, content material advertising, internet analytics, and greater. These university courses are designed for students who possess a comprehensive understanding of virtual marketing strategies and attributes.Safalta Digital Marketing Institute in Noida is a first choice for young individuals or students who are looking to start their careers in the field of digital advertising. The institute gives specialized courses designed and certification.
for beginners, providing thorough training in areas such as SEO, digital communication marketing, and PPC training in Noida. After finishing the program, students receive the certifications recognised by top different universitie, setting a strong foundation for a successful career in digital marketing.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
A review of the growth of the Israel Genealogy Research Association Database Collection for the last 12 months. Our collection is now passed the 3 million mark and still growing. See which archives have contributed the most. See the different types of records we have, and which years have had records added. You can also see what we have for the future.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
A workshop hosted by the South African Journal of Science aimed at postgraduate students and early career researchers with little or no experience in writing and publishing journal articles.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
1.4 modern child centered education - mahatma gandhi-2.pptx
IKEA company overviewBackgroundIKEA was founded in 1943 by .docx
1. IKEA company overview:
Background:
IKEA was founded in 1943 by Swedish native Ingvar
Kamprad (Freden, 2020). Initially Ingvar’s business consisted
of him riding his bike around his home town selling
miscellaneous items, such as lighters and pens (Lewis, 2016) . It
wasn’t until 1947 that Ingvar first began selling furniture made
by local manufacturers (Lewis, 2016). Business was good and
IKEA was beginning to generate a profit until 1955 when the
manufacturers that supplied IKEA boycotted the business due to
pressure from competitors having to compete with IKEA’s
lower prices (Lewis, 2016). Determined, Ingvar began designing
his own furniture and outsourcing manufacturing to neighboring
countries, such as Denmark and Poland (IKEA website, 2020).
This led to the development of the revolutionary and cost
efficient process of “flat packing furniture”, which will later
revolutionize the company (Freden, 2020). Over the following
years, IKEA saw a large amount of international expansion
throughout Europe during the 1970’s and overseases to the
United States and Asia in the 1980’s (Freden, 2020). Today
IKEA has exploded as a titan of industry with over 400 stores
worldwide, 211,000 employees, and $44 billion dollars in sales
(O’Connell, 2019; Magnusson).
Vision:
“To create a better everyday life for the many people” (IKEA
Website, 2020).
By optimizing their value chain and establishing solid supplier
relationships, IKEA strives to “offer a wide range of well-
designed, functional home furnishing products at prices so low
that as many people as possible will be able to afford them”
(IKEA website, 2020).
Global Strategy:
2. Globalization:
With each passing day, the world is continuously getting
smaller and smaller. Globalization has given companies the
opportunity to expand beyond its home country’s borders and
has facilitated the movement of people, products, information,
and money across the globe.
Following the end of WWII, in 1957 the European Committee
was formed by the Treaty of Rome as a way of unifying
European nations and establishing a common market (Lasserre,
2018). Europe saw an explosion of business as more and more
countries joined together in more political and economical
integration, thus leading to the creation of the european union
in 1993 (Lasserre, 2018).
During this time period was when IKEA had an explosion
of international expansion (Lewis, 2016). While there were
many speed bumps along the way, IKEA was still able to attract
shoppers that were looking for modern furniture at cheaper
prices (Freden, 2020).
European expansion
After much pressure from competitors, local Swedish
manufacturers boycotted IKEA and forced the company to
outsource product manufacturing and adopt a global sourcer
stance (IKEA Website, 2020). The boycott later proved to be
very beneficial as this was when IKEA was able to benefit from
even cheaper production costs and could adopt an even stronger
low-cost strategy. After much success in the Swedish market,
IKEA began to realize their potential in becoming a global
player and began developing global ambitions fueled by market
seeking objectives (IKEA Website, 2020).
IKEA’s first, and most logical, step in international expansion
was into the neighboring scandanavian countries, such as
Norway and Denmark (Lewis, 2016). This was a very wise
decision as it eliminated many of the barriers normally
encountered with international expansion. While Scandavian
countries may have some differences in language and culture,
many Scandinavians are still able to communicate and relate
3. closely to one another. Not only this but the close proximity did
not put too heavy of a strain on IKEA’s supply chain, which
drastically contributed to IKEA’s success.
Following an overwhelming amount of success in Scandinavia,
in the 1970’s IKEA set its eyes on expanding into mainland
Europe (IKEA Website, 2020). Using the business model and
products developed in Sweden, IKEA was able to utilize their
unique operational techniques to establish themselves as a first
mover in new markets (Shoulberg, 2018). Switzerland was
chosen as the first non-country as it shares many customs and
traditions (Lewis, 2016). At that time there was an untapped
niche of those who were not typically able to afford new
expensive furniture and did not have any cheaper alternatives
(Freden, 2020). IKEA’s low-cost strategy was accomplished
through a well organized supply chain that utilized the
localization of Swiss suppliers and materials (Shoulberg, 2018).
By catering to less affluent individuals, IKEA essentially
created their own market poised on providing modern and
minimalistic furniture for affordable prices that allowed the
company to spread all over Europe .
North American expansion
After an overwhelming success in the European Market,
IKEA had decided to take its business across the pond and
tackle the North American Market IKEA (Website, 2020).
Before jumping into the United States Market, in 1976 IKEA set
up shop in the Canadian market due to the many similarities
shared between the two countries (Lewis, 2016). Carrying over
the same successful advertising campaign used in Europe, IKEA
was able to gain a firm foothold in the Canadian Market (Lewis,
2016). Much like IKEA’s European business model, by
localizing the manufacturing of products, coupled with
European imports, IKEA was able to maintain its Swedish
identity while consistently maintaining their lower than average
price points (Shoulberg, 2018). However, there were some
growing pains in the Canadian market as much of the
managerial style used in Europe was too ambiguous and less
4. structured than managerial styles typically used in Canada
(Shoulberg, 2018). Nonetheless, IKEA has continued to perform
well in the Canadian market and has since opened 14 stores and
generated over $2.5 billion dollars in sales during 2019 (IKEA
Canada, 2019).
IKEA’s success in the Canadian market encouraged their drive
to enter the United States market and did exactly that in 1985
(Bhasin, 2012). However, IKEA’s entrance into the U.S. market
did not go as smoothly as the Canadian market. American
consumers called for more customization and adaptation of
products to American households (Hirst, 2014). Many of the
displays used in stores did not accurately depict the typical
American household and became less attractive to customers
(Hirst, 2014). After revising store layouts and studying exactly
what the American market demanded, IKEA was able to find a
happy medium of modern sweidsh styles that could be
functional in American households (Bhasin, 2012).
Additionally, by improving the check out process and
implementing less strict return policies, American consumers
were no longer deterred by long lines and felt more confident in
their purchases (Hirst, 2014). The whole concept of supply
chain optimization through localization of manufacturing
coupled with customization and tailoring products, marketing
and managerial styles came to be an extremely effective formula
for any market IKEA entered.
Assessing the Brazilian Market:
BRICS Countries
In 2001, Goldman Sachs identified Brazil, Russia, India, China,
and (in 2010) South Africa (BRICS) as countries whose
economies were projected to be some of the fastest growing
economies in the world (Majaski, 2020). Currently the BRICS
countries are growing at a faster rate than the G-7 nations and
are on track to be wealthier than today’s current economic
powers by 2050 (Majaski, 2020). While these countries are not
in any formal political alliances nor entered into any official
trade agreements with each other, the five heads of state issued
5. a declaration of intent to “ Coordinate actions at a global level
to reach maximum economic growth” (Devonshire-Ellis, 2019).
It is very possible that if harmoniously executed, by 2030
BRICS could account for over 50% of the global GDP and could
tie together expansive Free Trade or Preferential Trade areas
(Devonshire-Ellis, 2019). Brazil is currently a part of a free
trade area, named Mercsosur, that includes: Argentina, Brazil,
Paraguay, and Uruguay. The Mercsosur nations are also
currently in a preferential trade agreement with India and could
potentially see more unification of BRICS nations and could
further link the Brazilian market to far reaches of the world
(Devonshire-Ellis, 2019).
Brazil’s Middle Class
Since the beginning of this century, Brazil has experienced
a fluctuating degree of economic progress that has led to over
106 million Brazilians rising up from poverty and joining the
middle class (Woinarski, 2019). Prior to the economic setback
in 2015, Brazilian middle class consumers lead more of a
materialistic lifestyle and would spend and flaunt their new
found wealth (Woinarski, 2019). However after the 2015
recession, there was a sharp increase in the demand for more
cost-effective shopping experiences causing the middle class to
become more conscientious consumers (Woinarski, 2019).
Despite a fluctuating market, multinational corporations are still
interested in establishing a foothold in Brazil, with companies
such as Ford, General Electric, and Apple investing in Brazilian
expansion (Choenni, 2018). The ability for Brazil’s middle
class to consume beyond subsistence level is a prime example
of how the middle-class effect drives the demand in consumer
goods and services (Lasserre, 2018)
Brazil’s Furniture Market
As previously mentioned, Brazil’s economy has been
gradually improving and has led to the growth of a sizable
middle class over the last 20 years. As such, the furniture
industry in Brazil has had a significant amount of growth since
the country first saw foreign investors enter the market during
6. the 1990’s (Eucatex, 2020). Brazil is a country that has an
abundance of natural resources and cheap labor (Singh, 2019).
The cheap resources and labor has led to a boom in furniture
manufacturing that is projected to produce over 1.1 billion
dollars in revenue in 2020 (Statista, 2020). Many local furniture
manufacturers are heavily investing in their supply chain and
upgrading production equipment as a means of competing with
imports from abroad (Redaccion, 2019). As such, there is an
abundance of local suppliers that are actively competing to have
the most attractive prices for buyers both local and foreign
(Redaccion, 2019).
Brazil’s Infrastructure
While Brazil has experienced economic improvement over the
years, its infrastructure has been neglected and led to a serious
issue with intermodal transportation of goods (Michelon, 2019).
The road systems in Brazil have not kept up with the economic
demand and are not poised to sustain the volume of traffic that
the country is expected to have in the upcoming years
(Michelon, 2019). This would make any initial investment in
Brazil from a multinational corporation more difficult and
costly as a comprehensive and complicated supply chain would
need to be developed to circumnavigate this complication.
However, with the expectation of considerable foreign
investment, Brazil has set goals to significantly improve its
infrastructure through the use of partnerships and privatization
(Endo, 2019). Brazil has announced its intent to double the
country’s yearly infrastructure budget to $65 billion dollars by
2022 (Endo, 2019). In addition to a sharp increase in
infrastructure improvement, Brazil is working on reorganizing
and improving the bureaucratic infrastructure acquisition
process (Endo, 2019). This means that any proposed
infrastructure improvements would not get caught up in red tape
and can be streamlined and function more efficiently. While
these are very promising goals, the wheels of government do not
move quickly and will take some time before significant
improvements are made.
7. Marketing in Brazil
The primary goal of our marketing managers operating in Brazil
is to understand the needs of Brazil’s consumers. Some
important factors to take into account would be income, social
habits, and convenience. IKEA’s brand identity is focused on
low prices with high style. By giving Brazilian consumers
access to low-priced furniture options that are sleek and
desirable, we become a successful competitor to current
industry leader, Tok & Stok. We have taken into consideration
Tok & Stok’s strategy of home delivery, and developed our own
delivery operations using consumer proximity from stores.
Further on, IKEA has set a level of product standardization that
can address similar consumer needs in different areas of the
world. This was made possible since IKEA is considered a
global brand that is marketed across the world under our
business name. According to Professor John Quelon (1999),
there are common features among global brands that IKEA also
possesses. These include: consistent product positioning,
addressing similar consumer needs worldwide, a name that is
easy to pronounce, and being associated with the product
category, furniture. Which then leads into the use and
importance of global pricing, or in other words, keeping prices
consistent across our global markets.
To conclude, our marketing strategy is going to include the
delivery at home feature and furniture that gives you the ability
to have a beautifully furnished home without spending a
fortune. With Brazil being a country that has a “driving-
obsessed” population, similar to the US, we must have stores
that are accessible for purchases and repairs if needed.
8. Operations and Networking
The location decision for the integrated network of
procurement, production, distribution and servicing centers are
crucial for our success in Brazil. When deciding where we will
build our centers of operation, we considered the placement of
regional resources, such as the ports and similar areas being
used for industrial factors, risk characteristics, and customer
proximity. All these factors led us to develop most of our
production and service facilities in Sao Paulo, Brazil.
Continuing, the prime strategic reasons for setting up operations
in Sao Paulo include: the access to lower cost production, the
skills and knowledge available, and the relatable markets.
When deciding to have production facilities in Brazil, rather
than importing the goods, we will avoid the high costs of
importing in this country. In 2018, IKEA partnered with the
Chilean retailer, Falabella, to open stores in South America,
such as Colombia, Peru, and Chile under a franchise agreement.
This was a strategy used to accomplish the goal of increasing
IKEA’s customer base to 3.2 billion by 2025. Another approach
that has been useful is the investment in online services, these
aids in adapting to the rise in e-commerce and home delivery.
In summary, to penetrate the furniture market in Brazil, we
must have a very strategic plan. By changing some details to
operations, we can market our low prices, stylish products
available for delivery to consumers and manage to keep
production costs low by setting up our network domestically to
save on any importing costs.
https://www.reuters.com/article/us-ikea-falabella/inter-ikea-
grants-franchise-rights-to-saci-falabela-for-peru-chile-and-
colombia-idUSKCN1II2W4
Financial Management
Brazil is the last of the BRIC countries without an IKEA store
operating within it. There has been much success with the stores
9. in Russia, which has 14 stores, and China, which has 29. IKEA
just entered into India with its first location. We think Brazil is
the perfect landing spot for the next IKEA store. The type of
currency used in Brazil is the Brazilian Real, which is worth
about half that of the Swedish Krona, and about twenty percent
of the Euro. This can enhance the impact of the change in these
currency values and becomes a great advantage. This strategic
exposure translates into a change in future cash flow potential
which takes us into market perception and translation exposure.
The reported valuation of assets and liabilities of global firms is
affected by currency variations; this in turn may affect market
perception and ultimately the market value of IKEA.
Brazil is a very attractive market for IKEA, especially since its
furniture imports have experienced a growth of over 16% since
2006 and a more industrial emerging economy since then. In the
year 2018, IKEA’s revenue was reportedly 37.1 billion Euros.
The net profit for the year FY18 was 1.5 billion Euros. In total,
IKEA invested 2.8 billion Euros in stores, distribution and
customer fulfilment networks, shopping centers, renewable
energy and forestry. IKEA is huge with sustainability and will
treat the forests of Brazil with great care.
IKEA looks to take financial responsibility on its growth and
transformation. It’s liquidity is in excess of 21 billion Euros
which gives us a solid foundation to invest in our future with
expansion projects such as Brazil. Customer visits to the stores
have increased by 3%, and visits to IKEA.com have increased
by 12%. IKEA has five investment portfolios: Renewable
Energy, Resource Independence, Venture & Growth Capital,
Business Development and Treasury Assets.
With all of the above in mind we come to the conclusion that
IKEA is always looking to expand and innovate, and sets apart a
good size of its resources to do this. There will be a big chunk
of change needed, in order to make this project a possibility,
approximately 70 to 90 million Euros. This includes land
purchases, store construction, commercial build-up and
stocking, staff costs, and marketing.
10. Human Resource Management
One of the toughest parts of expanding into a new market is
staffing and the company makeup. There is a need to adopt a
worldwide policy of international movement of personnel. HR
will need to differentiate within the pool of managers of which
will follow a “global” career from those who will follow a
“local” career. Expatriate managers who are seeking a global
career will be needed to make sure the company's goals
transcend across this new market in Brazil. Local managers will
be needed to run the day to day operations in the store. Both the
finance and business navigation functions span the whole
company, and the work is performed in a similar way regardless
of location. This must continue in Brazil.
Human resources teams lead the work of attracting and inspiring
co-workers and creating a stimulating and enjoyable work
environment. Acculturation is the process by which group
members from one culture adapt to the culture of a different
group. Expatriate managers must be ready to learn the Brazilian
culture in order to thrive.
There is a lack of brand strength in the Latin American
furnishing market. This in turn makes it somewhat easy for new
businesses to enter the market. Examples of such businesses,
however, are those well-established diversified retailers, such as
IKEA. We are keenly aware that the continued success of IKEA
businesses depends on the continual development of IKEA co-
workers, especially in this new market of Brazil.
Sheet1Solve for Ending BalanceSolve for Starting
Balance/Maximum Loan PossibleSolve for Loan PaymentSolve
for RateSolve for Number of
PeriodsRate?0.25%Rate?0.33%Rate?0.43%Number of periods?
(Months or Years)15Rate?0.33%Number of periods? (Months or
Years)36Number of periods? (Months or Years)180Number of
periods? (Months or Years)360Payment?$ - 0Payment?$
473.00Payment?$ 100.00Payment?$ - 0Beginning Loan
29. Show all work to receive credit. Any written questions should
be at least 3 sentences long.
Finance
1. Jim opens a savings account with $22,500. His account pays
3.5% simple interest. At the end of 5.5 years, Jim closes the
account. How much interest does he earn? What is the total
value of his account when he closes it?
2. Jim opens a savings account with $22,500. His account pays
3.5% interest compounded yearly. At the end of 5.5 years, Jim
closes the account. How much interest does he earn? What is the
total value of his account when he closes it?
3. Jim opens a savings account with $22,500. His account pays
3.5% interest compounded daily. At the end of 5.5 years, Jim
closes the account. How much interest does he earn? What is the
total value of his account when he closes it?
4. If you were Jim, which scenario would you prefer: simple
interest, interest compounded yearly, or interest compounded
monthly? Explain your answer choice. Which scenario would
you prefer if you were the banker paying the interest?
Credit Cards
You have a credit card with a current balance of $1500. The
interest rate is 15.99%.
Reminders:
· You will use the Amortization Worksheet Excel Workbook to
30. complete this assignment.
· If your minimum payment is a percent, be sure to change cell
C3 to “Percent of Balance”
· If your minimum payment a dollar amount, be sure to change
cell C3 to “Dollars”
Use Excel to answer the following questions:
5. If your minimum payment is 15% of your new balance, what
is the balance of your card month 24?
6. If your minimum payment is $75, what is the balance of your
card month 24?
7. What do you think is a better idea: Paying a percentage of
your monthly balance or paying a fixed amount each month?
Why?
Mortgages
You decide to buy a house! The home is priced at $279,000 and
the bank has agreed to finance your home at 5.1% for 30 years.
(Note: Excel approximations do not include property taxes or
insurance.)
Use the Amortization Worksheet and Module 2 Formula Sheet
to answer the following questions:
8. What is the monthly payment?
9. How much of the first payment is interest? How much of that
31. first payment actually goes to reducing the principal?
10. At which month did you pay approximately half of the
mortgage? Is this halfway through your mortgage?
Let’s explore making extra payments on your mortgage. Change
the payment value in cell B3 to be $100 more than it is now.
11. If you pay just $100 more each month, when will you make
your last payment?
12. How much time does that cut off of your mortgage (how
many months do you not have to make a mortgage payment)?
13. If you make the payments which are $100 larger, how much
do you pay over the life of the loan?
14. If you made the originally payments, without paying an
extra $100 per month, how much do you pay over the life of the
loan?
15. Therefore, by paying an additional $100 per month, you will
save ________ over the life of the mortgage.