Saturday, October 5, 2019

Community College Perception Paper Essay Example | Topics and Well Written Essays - 500 words

Community College Perception Paper - Essay Example This allows them at least 2 years before they finally have to decide upon what direction they truly want to take in college. Aside from undecided students, community college also works well for those students who can only afford to study on a part time basis due to financial constraints. Sources indicate that students who do not have an impressive GPA can also benefit from attending a community college as these schools normally have to accept everybody who enrolls. They have some criteria that students must meet in order to enroll but these are not as rigid as those in a regular college. In fact, some community college students use the opportunity to increase their GPAs to an impressive level before applying at the 4 year university of their choice. Finally, a student may opt for a community college degree when he is interested in pursuing a career that may not necessarily require the completion of a 4 year course (Chen Grace â€Å"What is a Community College?). There is a misconception that the quality of education at a community college is substandard and anybody can enroll and pass without a problem. Hence the reason why community college students are often thought of as slackers and the schools as diploma mills. The quality of education at a community college is actually comparable to that of a regular college. The students must still do the work in order to make the grade and pass his classes. There is a reason behind the standard of education at a community college. Most of their graduates have a tendency to continue to a 4 year degree course at any of the regular colleges that have an â€Å"Academic Passport Program† agreement with the community college. Keeping the above information in mind, the reason behind the mission and purpose of a community college is very clear. Theirs is a college system that is open to admission of anyone who wishes to earn a college degree but

Friday, October 4, 2019

US stock market Indexes Research Paper Example | Topics and Well Written Essays - 1000 words

US stock market Indexes - Research Paper Example The index is used in the context of actual 500 companies having their stocks in it. All the companies are publicly held and trade on NASDAQ, one of the two largest US stock markets. The S&P 500 comes on the second number as the most widely observed index of large-cap US stocks in comparison to the Dow Jones Industrial Average (DJIA), which is the no. 1 large-cap US stock. Otherwise, the S&P leads the US economy as a part of the index of leading indicators (â€Å"Real Time Charts,† 2008). The Dow Jones Industrial Average index was compiled to measure the industrial component of America’s stock markets, which is the oldest continuing U.S. market index. Currently, it consists of 30 of the biggest and vastly held companies in the U.S. The â€Å"industrial† name is no more relevant as many of the 30 modern components are unrelated to heavy industry. To make up the effects of stock splits and other settings, DJIA is currently a scaled average, not the real average of the prices of its component stocks. To generate the value of the index, the total of the component prices is fractioned by a divisor that changes over time (â€Å"Real Time Charts,† 2008). The NASDAQ Composite is a stock market index of all of the common stocks and similar securities like ADRs, tracking stocks, limited partnership interests, listed on the NASDAQ stock market, which means that it has more than 3,000 components. It is renowned as an indicator of the performance of stocks of technology companies and growth companies in the US (â€Å"Real Time Charts,† 2008). On the other hand, a number of index funds and exchange-traded funds follow the performance of the S&P 500 by keeping the same stocks as held by S&P 500 in the same values to reach near its performance level. Such companies that have added their stock to the S&P 500 list may see a rise in their stock price as the managers of the mutual funds have to purchase that companys stock

Thursday, October 3, 2019

A Format Paper Essay Example for Free

A Format Paper Essay Paragraphs in a Poetry Analysis Essay: Note: It is important to follow the guidelines for each paragraph as you would a cooking recipe. In other words, for each body paragraph, follow the simple ingredients. Format/Recipe for an Introduction: a). Write one to two sentences that briefly summarize the poem. Your first line should state the name of the poem, the poet’s full name, and the speaker’s intent or main idea. Note: For example, if you were writing about Shakespeare’s Sonnet 18, your first line would look something like, â€Å"William Shakespeare’s ‘Sonnet 18’ discusses the conflict that the speaker faces in trying to preserve the beauty of a young and innocent man. † Notice how this opening line follows the above instructions. b). Write about to three sentences that allow you to transition to the element that you will be discussing in your paper. This part is not your argument; this part is designed to transition yourself and your reader to the main point of your paper. ). Write a one to two sentence thesis statement. Your thesis statement will state your overall argument and include at least three rhetorical devices that you will analyze in order to support your argument. Note: For an in-depth discussion on constructing a solid thesis statement for this type of essay, feel free to refer to my previous article in the link provided here: Thesis Statement for a Poetry Analysis Essay Format/Recipe for Body Paragraph 1: a). Write one to two sentences that provide a discussion of your argument. Be sure to also mention one rhetorical device that you will use for support. This part of your paragraph should explain your argument and explain how and why the rhetorical device supports your claim. b). Quote a relevant line/lines that illustrate the rhetorical device that you are discussing, and make sure the quote is relevant to your argument. c). Write about two to three sentences that analyze this quote. Your analysis should reinforce your argument and your discussion of the rhetorical device. d). Write one closing sentence to seal off the paragraph. Format/Recipe for Body Paragraph 2: ). Using a transitional phrase, write one to two more sentences that further discuss your argument. Also, mention another rhetorical device that you will use for support. Your rhetorical device should be different from the first one that you discussed. However, this paragraph is set up just like body paragraph 1. b). Pick another relevant line(s) that support your claims about the second rhetoric al device. Again, make sure that the line(s) are relevant to your argument. c). Have about two to three more sentences that provide an analysis of these quoted lines. Just like body paragraph 1, your analysis should support your argument and the rhetorical device that you are discussing. d). Provide one closing sentence that seals off your paragraph. Format/Recipe for Body Paragraph 3: a). Starting with another transitional phrase, write one to two sentences that discuss your overall argument even more. Just like body paragraph 1 and 2, this paragraph will also include a discussion of a rhetorical device that proves your argument. Your rhetorical device needs to be a different from your first and second body paragraphs. When it comes to content and organization, body paragraph 3 will look just like body paragraph one and two. b). Provide a different line or lines that further emphasize your argument about your third rhetorical device. These lines need to relate to your argument. c). Just like body paragraph 1 and 2, include about two to three sentences that analyze your quoted lines. Just like body paragraph 1 and 2, your sentences should prove your argument, and show the reader how the rhetorical device that you are discussing illustrates your claims. d). Seal off your paragraph with one concluding sentence. Format/Recipe for a Conclusion: a). Write about one to two sentences that re-mentions your thesis statement from letter â€Å"c† in your introduction. Be sure to re-phrase your sentence structure so that you are not repetitive. b). In about three to four sentences, re-mention the rhetorical devices that you discussed to support your argument, and reiterate how these rhetorical devices proved your point. c). Write about two intelligent closing sentences that offer your reader some insight or philosophy about the poem that you wrote about. Editing:

Distribution channel management

Distribution channel management CHAPTER 1: Introduction This chapter will introduce the topic, specify the key aim and objectives of the dissertation, discuss the research approach and state the dissertation outline. The key aim of this chapter is to establish the foundation for the research topic by giving out basic information. Introduction The research is about study of distribution channel management at Dell Computers, UK. The dissertation is more practical in nature, studying the Distribution Channels of Dell, both at a strategic and an operational level. I would be analysing the business function on its efficiency and effectiveness, comparing with the other industry performers. I would mostly be comparing the function against Sony Electronics, the most respected name in multi-channel distribution network; Acer, pioneer of value computing products and proprietary brands like Advent. Dell Inc. is a multibillion dollar, multinational technology firm that manufactures, develops, sells and supports personal computing and computer related products. Dell has seen a rapid growth to become one of the top three vendors in the PC manufacturing industry, and has seen a substantial increase in share price and market value. While many other companies were unable to handle the demands of the competition, Dell has proved successful in such an environment. The main key to success to Dell has been its two innovative practices that is direct sales and build-to-order business model. This model is simple as a concept but highly complex to execute, especially in the present conditions of rapid growth and change. Dell has continually renewed and extended its business model while striking a balance between control and edibility. Dell made changes in its design, manufacturing, procurement, and logistics processes to reduce the costs, and to speed up the entire distribution system. It has expanded into International markets and it started making notebook and server product lines which has led to extraordinary profits for dell, and has given a great market value for the company. Dell has reached sales of $18.2 billion by the year 1998, with a profit of $1.46 billion, and Dells market share in the PC market grew from 3% in 1995 to 9.2% in the year 1999 with stock price increasing by 40 times. Dells market capitalization has reached $100 billion. Research aim and Questions The primary purpose of my research work is to analyse the role distribution channels play in the functioning of a business, both in the long run and in the short run. My study is to present a detailed description of the unique distribution channel adopted by Dell Inc., analyse its efficiency and effectiveness, identify possible loopholes and put forth recommendations for development. My study is being undertaken with an aim to answer the following research questions: How are the various distribution channels organised within Dell Inc.? How does it compare with its competitors? How effective and efficient is this channel management at Dell? What can be done to make it better? The four research questions are the guiding blocks of my entire research and all of the work would be keeping them in view. Distribution Channels within Dell: I would be looking at Dells innovative distribution channel management which has literally revolutionised the importance of Direct Marketing in the consumer electronics space. Direct marketing is still the primary distribution mechanism within Dell. I would be documenting the evolution of this concept within Dell right from its customized sales regime during PCs Limited to the complex and sophisticated systems that it employs currently. I would be presenting a visual of the entire distribution network that it stands at today. Comparison with its competitors: I would be comparing the dynamic distribution systems of its arch rivals. Sony, Acer, Advent and HP Compaq are the brands that I would be concentrating upon. I would be looking at the strategies adopted in different economies, though my primary concentration would be on the English markets. Efficiency and Effectiveness: I would be conducting an efficiency and effectiveness test of Dells powerful distribution network against its competitors. This would be an empirical study. I would be concentrating on the parameters of Customer Satisfaction and Vendor relationship management. Recommendations: Finally, I would be putting forth recommendations for future developments along with the cost benefit analysis of such implementations. Research approach The study is conducted by collecting secondary data and primary data. Secondary data is collected from books, journals, government websites, company documents whereas primary data is collected by means of survey questionnaire distributed among channel partners and the end customers. Participants of research would be intermediaries in the distribution network and the end customer. In order to select the participants the study has made use of stratified random sampling method in order to make sure that major demographic segments are represented while selecting the samples (Rao Skinner, 1996). Questionnaire design consists of two parts. The first part contained the demographic information while the second part dwelled on each of the subjects perception on each variable using five point likert scales from 1 (Strongly Agree) to 5(Strongly Disagree). The study did not require any assistance from a third party or any other institution. In order to collect data the study made use of web portal survey to distribute survey and get responses. The system was designed in such a way that the respondent have to submit all the answers. Out of 60 questionnaires, responses for 50 surveys were obtained. The duration for the survey was kept as two weeks, a reminder mail was being sent to the respondents at the end of week one to remind them. Importance of the study Organizations have been undergoing strategic changes over the past decade. More so in the past couple of years. The current recession has proved that risk management and strategic planning are most vital for an organizations long lasting and self-sustaining performance. My work will strive to highlight one such areas of strategic thinking and inform the senior management about the benefits involved. Research Scope My work would primarily be concentrated on the UK market. Though Dell is a global corporation with intermediaries present across the globe, all working towards forming an effective value chain to maximize business potential and ensure efficiency in operations; UK being the second biggest market after the US will be a general approximation of the entire organizational behaviour. Furthermore, the cosmopolitan nature of London and demographic diversity ensures that it would be a close estimate of the general population. Limitation of Research I intend to undertake my research as comprehensively as possible. As in any research work, inherent are some unavoidable drawbacks in my study. Few of them are: Financial and Time Constraints: As outlined before, the scope of my work is limited to the English market. Financial and time constraints of my semester mean that Im not able to conduct a global research that would be more apt in this case. Personal bias. Most of my work is conducted through a personal observation method; as such it is prone to my personal bias. However as the person who is to do the entire research right from formulation of research questions to recommending solutions, I would be most qualified to comment on the topic. Information Constraints. Distribution channel model is a sensitive piece of company information. Though I have secured access to Dell, wherein I could do all the data mining myself, the extent of information that I would be able to muster about the rivals model is still to be seen. Dissertation outline The structure of the dissertation is as follows Chapter 1: Chapter 1 encompass introduction to the topic, followed by brief background into the research topic. This beginning chapter also lays bare aims and objectives of the research followed by structure of the thesis. Apart from that this chapter also gives information on the research approach adopted and the limitations of the research. Chapter 2: The literature review section of the dissertation explores the definition of distribution, channel, and distribution channel and distribution channel management. Apart from that the section also examines the activities and the levels of distribution channel. The latter half of the section focuses on the distribution strategy adopted by Dell, Sony and Acer. The final section compares the distribution strategy by all the three players. Chapter 3: The thesis then moves on to methodology section wherein the research model, research framework and data collection methodology is discussed. Questionnaire method is used to collect the necessary data from the consumer. Chapter 4: This chapter explores data findings Chapter 5: This chapter presents the conclusion. Chapter 6: This includes references using Harvard referencing style Chapter 7: This includes the Appendix Summary The chapter introduced the topic of the dissertation, specified the key aims and objectives of the research. Discussed the research approach in form of secondary and primary data collection through the means of questionnaire and clearly stated the limitations of the research in brief. The chapter also outlines the research structure specifying the contents of each chapter. Chapter 2: Literature Review During my research, I would primarily be looking towards the concepts of Distribution Channel and its management. I would be guided by the various contributions in the field, though my work would primarily be influenced by the theories and suggestions of Philip Kotler in the area. A Professor of Business Studies at the Kelloggs Business School, Kotler is often regarded as the Father of Modern Marketing. My work also coincides with various other management thinking like Consumer Behaviour, Relationship Management, Marketing Mix and Optimization, among others. Definition Distribution Kotler (1996) states that distribution is a key element in the marketing mix (place amongst the 4Ps). It is the systems and practices in use which make a product or service available to the consumer of such a product or service. Channel Channel is defined as a set of interdependent organizations involved in the process of making a product or service available for consumption or use (Gorchels, West, Marien, 2004). It can also encompass physical movement, warehousing, ownership of the product, presale transaction, post-sale activities; order processing, credit and collections; and other different types of support activities (Gorchels, West, Marien, 2004). Distribution Channel The Distribution Channel is the chain of intermediaries, each of them passing on the product or service to another intermediary until it reaches the consumer. The business dictionary defines it as The route by which a product or service is moved from a producer or supplier to customers. A distribution channel usually consists of a chain of intermediaries, including wholesalers, retailers, and distributors, that is designed to transport goods from the point of production to the point of consumption in the most efficient way (Dictionary, 2010) Another definition of Distribution channel states A group of independent and interdependent organizations involved in the sale and movement of goods and services to the end users may be called a distribution channel or network (Gorchels, West, Marien, 2004). More specifically, a distribution channel is: The transfer of goods from manufacturer to the end user. Route of a company for distributing the goods. The process of moving goods from the manufacturer to the consumer. A supply chain consisting of all parties in between production to the end user. Types of channel members The activities in the distribution channel can be carried out by the marketer himself or it can be carried out by specialist organizations. The specialist organizations and the channel members can be categorized into two types. Resellers Specialty Service Firms. Resellers are the companies which usually buy and take the ownership of the products from the manufacturer with the intention of selling to end consumers. An organization can have one or more than one reseller in the chain. The network or chain of resellers is known as reseller network. The resellers can be further classified into: Retailers: A retailer sells the product directly to the end customer. Wholesalers: Wholesalers buy the products from manufacturer or other wholesalers and then they sell the products to the retailers. Industrial Distributors: They are the ones who sell products from one business to other, they are suppliers who buy the goods and sell it to another firm. Specialty service firms are organizations that do not take the ownership of the products. They also provide additional services along with the products. Specialty firms can be: Agents and brokers: They are the firms which bring together the suppliers and buyers and mediate the sale and they charge a fee for this kind of service. Distribution service firms: They provide services which help with the movement of goods in the distribution channels like transportation, processing and storage of goods and products. Others: They are the firms which provide other services to the channels in distribution like insurance, routing assistance etc. The distribution channels consist of many parties among which each of them is trying to meet their objectives. Relationships between channel members should be strong with each others especially on which they are depending for the further distribution of product. Levels The arrangement of the distribution channels can be classified into two types: Independent channel arrangements. Dependent channel arrangements. Independent channel arrangements: In this type of arrangement the channel members negotiate deals with others which do not result in the binding of the relationships. Channel members are free to make arrangements which they feel is in their own and best interest. An individual member decides what is best for them and not the entire channel. This is also called conventional distribution arrangement and often significant conflict as each member decides what is best for him and not in concern with the entire channel There are four levels of distribution channels. Channel 1 is called the direct marketing channel which is the distribution of products or services from the manufacturer to the customer. The best example for this channel is Dell which does not makes use of any intermediaries to distribute its products to end customers; there are no retailers, agents or wholesalers. The channel does not have any intermediaries. This type of channel helps to eradicate the excess cost and also helps to have good control over the quality and marketing. The other three channels fall in the category of indirect marketing channels. The second channel has one intermediary, if the market is a consumer market the one intermediary is basically a retailer. Electronic consumer goods market of UK is an example of second type of channel arrangement. In this type of distribution arrangement the companies sell good to large retail chains, example would be Sony, Canon, and HP selling their electronic goods to large retail chains such as Dixons. These retailers in return sell the goods to the end customer. The role of the wholesale in this channel is to buy the products at bulk from the manufacturer and then sell the same to retailer in smaller quantities. This model works best for retailers on small scale and not for big chains such as Dixons. This type of distribution channel is best when there are large number of small retailers and not big companies. Example in this case would be the medical drugs distribution market in the UK. The fourth channel has added level to it in the form of agents who work as intermediary between manufacturer and wholesaler. The agent acts as representative for both the sides. This works in textile market. A direct distribution channel is where a company sells their products direct to consumers. While direct channels were not popular many years ago, the Internet has greatly increased the use of direct channels. Additionally, companies needing to cut costs may use direct channels to avoid middlemen mark-ups on their products. Distributors, wholesalers and retailers are the primary indirect channels a company may use when selling their products in the marketplace. Companies choose the indirect channel best suited for their product to obtain the best market share; it also allows them to focus on producing their goods. Though, in practicality, a number of other players exist, they can be generalised to the above. The specific channel of distribution adopted by a company depends, to a major extent, on its business model, the industry type and the scale of its operations. As an Instance, Sony has its own set of company operated exclusive showrooms. The strong brand equity of Sony, the scale of its business and clearly identifiable product differentiations that it enjoys with the consumers, allow it to leverage on its economies of scale and scope by operating its own outlets. Directly, this result in better margins for the company and indirectly it helps building on its already demanding brand leadership. Dell, on the other hand, relies more on online sales. This is because of the organization of its service delivery utility. Dells business model is based upon its centralised manufacturing facilities, rather than the nuclear organization at Sony. Online sales suits such a strategy by negating the high costs of transportation and inventory planning issues involved. A manufacturer selling a physical product might require three channels: Sales Channel, Delivery Channel, and Service Channel. In Our case, Dell uses telephone and internet as sales channels, express mail services as the delivery channel and local repair people as its service channel. Distribution Channel Activities Distribution includes different range of activities (Richard Gay, 2007) Linking many suppliers to provide wide range of consumer choice Assist the exchange process identify the needs of the buyer in the context of product categories, quantities, range etc. and devise manufacturing, inventory and packaging schedules to fit. Marketing information: This encompass collection, distribution and analysing marketing research information such as the past sales data about the players within the organizations marketing environment. Promotional activities- This involves setting of promotional objectives and activating the various elements of the marketing communications mix and measuring their effectiveness, this will encompass identify and communicate with prospects. Pricing: Deciding on the sales terms and conditions at each stage of the value chain Risk management This includes analysis and resource sourcing required for involvement in the channel , the degree of control and influence and the potential benefits such as revenue and profit generation. Physical Distribution Management It includes the transportation all aspects of warehousing management and information flows. Other Activities that may be part of the distribution channels are as follows: Order Generation. Handling of Goods. Shipping of Goods. Storage of Goods. Display of Goods. Promotion of Goods. Sale. Feedback. Distribution Channel Management Distribution Channel Management is all about getting the product or service to the right people at the right time under the constraints of profits, efficiency and effectiveness. Successful marketing does not end when a business has developed a product or service and has found its appropriate target audience with a view to selling it at the right price. The next issue that needs to be faced is how they are going to distribute and sell this product/service to these people- the consumers. When a product/service is purchased by a consumer, it may have been bought directly from the business, or it may have been through a number of intermediaries (wholesaler, retailer, etc.): these are known as distribution channels. Small businesses need to acknowledge the different types of distribution channels to utilize sales potential. Distribution channel management involves a lot of channel decisions, strategic alternatives and numerous linking concepts, all of which would be explored in my research paper. Distribution channel management involves a lot of channel decisions, strategic alternatives and numerous linking concepts. The PC industry is driven by rapid technological improvements in components, particularly microprocessors, other semiconductors, and storage devices. The improved performance of hardware has been matched historically by increased complexity of software, creating demand for the latest hardware. This means that time is a critical competitive factor in the industry in two ways: Firstly, excess inventory loses value (at an estimated 10% per month 😉 and costs money; Secondly, products incorporating the most advanced technologies are in high demand and carry a price premium. As a result, companies that minimize inventory and bring new products to market faster can reduce costs, increase market share, and maintain higher margins. Two factors come into play in determining the ability of PC companies to manage inventory and introduce new products. First is the standardized, modular nature of the PC. PCs are built from standard components, using common architectural interfaces determined largely by Intel, Microsoft, and, earlier, IBM. PC makers also can outsource much of their production and purchase components from a well-established production network of contract manufacturers and components suppliers. This makes it quite easy for PC companies to introduce new PCs with the most advanced technologies. By the 1990s, PC makers could no longer gain much of an edge by virtue of design and manufacturing, as everyone had access to the same technical information and supply base. The difference among PC companies was determined increasingly by the second factor-the structure of distribution. The traditional distribution system of the PC industry is an indirect model often referred to as the channel. The PC maker sells its products to distributors, who buy products from many manufacturers and then sell them to a variety of retailers, resellers, system integrators, and others, who sell products and services to the final customer. This distribution system was an effective means for distributing high volumes of PCs with a variety of configurations to reach a broad customer base. However, it had inherent weaknesses that left it vulnerable in a time-based competitive environment. First was its reliance on market forecasting to drive production. Even the most successful PC makers, such as IBM, Apple, and Compaq, were chronically bedevilled by their inability to accurately forecast demand in a market driven by ever shorter product cycles. They were either caught with short supplies of hot products, causing them to lose sales to competitors, or stuck with excess inventories of slow sellers, which clogged the distribution channels and often had to be sold at a loss to move them out. Even with the best forecasting, the indirect model was plagued by the need to hold inventory at each step. In the early 1990s, it was common for PC makers to have up to 90 days of inventory on hand and in the channel. The high inventory costs and lack of responsiveness of the indirect channel meant that there was an opportunity for someone who could a way to circumvent the channel. The company that seized this opportunity was Dell, which pioneered a new business model based on selling PCs directly to the final customer, and building the PC only when an order was received Selling directly removes two links in the supply chain where inventory could build up and also enables Dell to know its final customers, provide better service to them, and promote repeat or expanded sales to them. Build-to-order production allows Dell to introduce new technologies as soon as customers want them and makes it possible to adjust production to demand very quickly. It also means that Dell does not purchase components and assemble PCs until it has received payment from the customer, giving the company a negative cash conversion cycle in which it receives payment from customers before it must pay suppliers. The current environment for the computer hardware industry is shaped by several macro forces. Primarily, Dell and its competitors are influenced by economic, demographic, technological and national forces. Government, social, physical and national forces peripherally affect the computer hardware industry to varying degrees. The commoditization of the personal computer-a vital tool for business and consumer. Customers- are a key driver for the economics of this industry. Corporate spending accounts for 80% of all technology spending, and economic conditions decreasing business capital expenditures has a negative and direct impact on the computer hardware industry. While this industry is mature in the U.S., leading to decreased growth expectations, computer spending by other countries around the world will likely fill this void. Pricing in the computer manufacturing industry is extremely competitive. IT reflects the rapid pace of technological change and decreasing PC costs. Since 2000, the prices of chips and disk drives declined and the standardization of primary components of PCs led to a decline in PC prices. Direct sellers, including Dell, have traditionally been able to under-price indirect sellers in the industry including Compaq and HP. However, most PC vendors now offer a desktop model for less than $500 and a laptop for $700. Key success factors for companies in this industry continue to evolve as the industry matures. Specifically, they include: Competitive prices Superior relationships with suppliers Product customization for business and consumer customers Quality customer service Excellent cost structure Channel Issues Some of the channels issues that the companies face are as follows Product related issues Promotions related issue Pricing related issues Target market related issue Product related issues: The nature and type of the product decides the distribution option that should be chosen for the product. A few products require special handling. Ex. Flowers, Fragile goods etc. Promotion related issues: The type of promotions that are required to sell the products to the customers also decides the distribution options; there are products which require an extensive contact of the sales person with the customer like automobiles etc. and there are products which require no sales assistance from the sales person like milk etc. Pricing issues: The price at which the marketer desires to sell their product also decides the distribution option for the channel if a product is prices really less it cannot have many members in the distribution channel as each one of them looks at making their own profit in the channel. Target market issues: The distribution channel is successful only if the product can reach the right customer. Choosing a distribution channel is the path to reach the target customer. A key decision in setting of a channel arrangement is for the marketer to choose the approach to reach his target customer in the best possible manner. Dell Company Background Dell Inc. is a multibillion dollar, multinational technology firm that manufactures, develops, sells and supports personal computing and computer related products. Based out of Texas, it employs over 75,000 people globally and is amongst the biggest players in the personal computing space. With revenues crossing 60 billion dollars in 2009, it is a Fortune 500 listing. Dell is a brainchild of Michael Dell, when he was a student at the University of Texas. PCs limited was started by him with a meagre capital of $1,000. The company produced its first computer in 1985, the Turbo PC sold for $1,000. Powered by an Intel 8088 compatible processor running at 8 MHz, it was the start of the most successful story in the modern computing space. Pcs Limited offered these machines in a variety of specifications, customised to each order amongst a pre-defined choice sets. Though not the first company to use this model, it was the pioneer to succeed using it. In its first year of trading, the compan y grossed over $ 70 million. In 1988, the company was renamed as Dell Computer Corporation. In 1987, the company expand overseas with a fully functional service and assembly centre in Ireland. Within the next few months, the count reached eleven. In June 1998, Dell became public with a 50 million dollar Initial Public Offering, one of the biggest in its times. In 1990, Dell test marketed a multi-channel retail distribution strategy with little success and was forced to return back to its direct marketing channel. In 1992, Dell featured in the Fortune 500 list for the first time. In 1992, it started on line sales, by offering its products, initially through its own website and later on through various partners and compare websites. In 2002, Dell expanded its product line by foraying into the consumer electronics segment. It also started manufacturing computer accessories with the launch of the dell branded home and office printers. In 2003, the company was named Dell Inc. so as to parallel its brand name with the variety of product offerings that it started. In 2005, Dell saw its international sales exceeding its domestic ones for the first name. The company was now a truly global performer, featuring in the top 5 power brands, both in the emerging markets as well as the developed economies (Dell Inc., 2006). Organizational Structure Dell Corporations organizational structure is a functional, decentralized structure. The company encourages different departments and functional components to contribute ideas to enhance the strength of the organization. The hierarchical structure provides defines the various functions provided by D

Wednesday, October 2, 2019

Essay --

Hadirin yang dihormati sekalian, Adakah anda masih ingat kepada pesan ibu dan bapa yang selalu mengingatkan bahawa rajinlah belajar agar jalan kehidupan tersedia luas terbentang untukmu? Ingatkah kita kepada kata-kata Plato dan Confucius berbunyi â€Å"tuntutlah ilmu hingga ke negeri China†. Mengapa hadirin, sejak dari zaman dahulu hingga ke hari ini dan di setiap pelosok dunia sama ada di Eropah, Afrika mahupun Asia, pandangan terhadap pendidikan ialah sama iaitu pendidikan merupakan asas perkembangan umat manusia. Tetapi mengapa pendidikan menjadi begitu penting kepada kita? Hadirin yang saya muliakan sekalian, pendidikan dapat melatih minda manusia untuk berfikir dengan lebih luas dan rasional. Melalui pendidikan, pengetahuan maklumat dapat diluaskan dan digunakan untuk kebaikan bersama. Sebagaimana yang diungkapkan Daoed Joesoef (1986) tentang pentingnya suatu pendidikan yang mana beliau menyatakan bahawa "Pendidikan merupakan segala bidang penghidupan, dalam memilih dan membina hidup yang baik, yang sesuai dengan martabat manusia" dan sudah tentulah daripada pernyataan tersebut kita dapat menyimpulkan bahawa mempunyai pendidikan pada masa sekarang merupakan hal yang sangat penting kerana jika kita tidak mempunyai pendidikan kita tidak akan kemana-mana. Tanpa pendidikan dan tanpa kemahiran membaca, capaian pelbagai akses terhadap pelbagai bentuk pengetahuan seperti buku, internet atau media lainnya sama sekali tidak memungkinkan kita untuk melangkah maju ke hadapan. Pendidikan merupakan tunj ang utama kepada pembentukan modal insan yang akan membantu kepada pembangunan negara. Pendidikan mempunyai impak yang besar ke atas pelbagai peluang kehidupan manusia agar masa depan seseorang tersebut terjamin dan kualiti kehidupannya terpelih... .... Kesimpulannya, corak pendidikan yang diaplikasikan di Malaysia adalah lebih menyeluruh kerana ia merangkumi aspek fizikal dan rohani. Pendidikan di Malaysia bukan sahaja ingin membentuk pelajarnya yang aktif dan cemerlang dalam kurikulum dan kokurikulum malah ia juga memberi fokus kepada kelengkapan rohani dan moral agar pelajar yang dilahirkan sempurna dari segala segi. Maka dengan itu hadirin, saya sekali lagi menegaskan, pendidikan ini bukan sahaja penting untuk mengembangkan minda dan bakat manusia, malah ia juga penting untuk memacu legasi pembangunan negara. Ini adalah kerana pendidikan merupakan nadi kepada pencetus kegemilangan dan martabat sesebuah negara tersebut. Oleh itu, penting sekali untuk kita sebagai rakyat Malaysia dalam melancarkan aspirasi negara iaitu mencapai kecemerlangan dalam pendidikan untuk menaikkan nama negara di persada antarabangsa.

Response Essay :: Essays Papers

Response Essay When the issue of Animal Testing is brought up in the course of a conversation, almost every single person that is involved in this discussion will have opinions that differ in some way, shape, or form. Many people will talk about the horrific conditions that animals are forced to live under, as well as the pain and suffering that they must endure while being tested. However, these conditions are not all that horrible when you take into account the state of the world we live in. This issue can be debated back and forth until the end of time. It is an issue involving two totally opposite views, pros versus cons. Pro-Con. The Con side will state that so many animals are needlessly used while in a test, but according to Roger Marshall, large numbers must be used in tests in order to account for statistically reliable results (Marshall 1). The Con side will also say it is not needed, and it serves no purpose, however, animal testing is a great thing, because it can help find cures for human illnesses, it can aid in the advancements of medical procedures, and it can also find cures for illnesses of animals. For many years, performing research on animals has had invaluable benefits for the human race, and without the constant developments we receive from it, we might still be plagued by the most medieval of viruses that we do not even think about in this day in age. The probability of heart attacks, strokes, and kidney failure would greatly increase if we did not possess the medication we can now use to control high blood pressure. According to the American Medical Progress Education Foundation, great advancements have been made regarding cardiology, including coronary blood flow, coronary bypass techniques and high blood pressure medication (Research 2). Many medications have been produced as a result of testing on animals, including insulin, the medication used to regulate diabetes. If animals were not used in medical research, we might still be living in a world where we must fear diseases like polio, smallpox, and even measles. Human Benefits. Medicine alone is not the only thing that has been vastly improved due to animal testing, the way we treat diseases and surgeries has all drastically changed and improved.

Tuesday, October 1, 2019

HRM&D

Training and development activities begin when a new employee enters the organization usually in the form of employee orientation and skills training. Employee orientation is the process by which new employees learn important organizational values and norms, establish working relationships, and learn how to function within their Jobs. The HARD staff and hiring supervisor generally share the responsibility for designing the orientation process, conducting general orientation sessions, and beginning the initial skills training.Skills and technical training programs then narrow in scope to teach the new employee a particular skill or area of knowledge. Once new employees have become proficient in their Jobs, HARD activities should focus more on developmental activities specifically, coaching and counseling. In the coaching process, individuals are encouraged to accept responsibility for their actions, to address any work-related problems, and to achieve and to sustain superior performan ce.Coaching involves treating employees as partners in achieving both personal and organizational goals. Counseling techniques are used to help employees deal with personal problems that may address such issues as substance abuse, stress management smoking cessation, r fitness, nutrition, and weight control. HARD professionals are also responsible for coordinating management training and development programs to ensure that managers and supervisors have the knowledge and skills necessary to be effective in their positions.These programs include supervisory training, Job rotation, one-day seminars, or college and university courses. 1. 1. 2 Organization Development (DO) the well-being of its members through planned interventions that apply behavioral science concepts. DO emphasizes both macro and micro organizational changes: macro changes are intended to ultimately improve the effectiveness of the organization, whereas micro changes are directed at individuals, small groups and teams . The role of the HARD professional involved in an DO intervention is to function as a change agent.Facilitating change often requires consulting with and advising line managers on strategies that can be used to effect the desired change. The HARD professional may also become directly involved in carrying out the intervention strategy, such as facilitating a meeting of the employees responsible for planning and implementing the actual change process. 1. 1. 3 Career development Career development is an ongoing process by which individuals' progress through a rise of stages, each of which is characterizes by a relatively unique set of issues, themes, and tasks.Career development involves two distinct processes: career planning and career management. Career planning involves activities performed by an individual, often with the assistance of counselors and others, to assess his or her skills and abilities in order to establish a realistic career plan. Career management involves taking the necessary steps to achieve that plan, and generally focuses more on what the organization can do to foster employee career development. There is a throng relationship between career development and T activities. 1. Other HARD Roles and outputs for HARD Professionals HARD professionals perform nine distinct roles, which are described below: The HER strategic adviser consults strategic decision makers on HARD issues that directly affect the articulation of organization strategies and performance goals. The HER systems designer and developer assist HER management in the design and development of HER systems that affect organization performance. The organization change agent advises management in the design and implementation of change strategies used in ransoming organizations.The organization design consultant advises management on work systems design and the efficient use of human resources. The learning program specialist (or instructional designer) identifies needs of the learn er, develops and designs appropriate learning programs, and prepares materials and other learning aids. The instructor/facilitator presents materials and leads and facilitates structured learning experiences. The individual development and career counselor assists individual employees in assessing their competencies and goals in order to develop.The performance consultant (or coach) advises line management on appropriate interventions designed to improve individual and group performance. The researcher assesses HARD practices and programs using appropriate statistical procedures to determine their overall effectiveness and communicates the results to the organization. Strategic management involves a set of managerial decisions and actions that are intended to provide a competitively superior fit with the external environment and enhance the long-run performance of the organization.It involves several distinct processes, including strategy formulation, strategy implementation, and co ntrol. In particular, HARD executives and professionals should demonstrate the strategic capability of HARD in three primary ways: 1 . First, HARD executives should contribute information, ideas, and recommendations during strategy formulation and ensure that the organization's HARD strategy is consistent with the overall strategy. 2.Second, HARD professionals should provide education and training programs that support effective strategic management. Training in strategic management concepts and methods can help line managers to develop a global perspective that is essential for managing in today's highly competitive environment. Finally, HARD professionals must ensure that all training efforts are clearly linked to the goals and strategies of the organization. 1. 4 Supervisor's Role in HARD Supervisors play a critical role in implementing many HARD programs and processes.Many organizations rely on line supervisors to implement HARD programs and processes such as orientation, traini ng, coaching, and career development. The HARD executive/manager has primary responsibility for all HARD activities. One of the important tasks of the HARD executive is to promote the value of HARD as a means of insuring that organizational members have the competencies to meet current and future Job demands. 1. 5 HARD process HARD programs and interventions can be used to address a wide range of issues and problems in an organization.They are used to orient and socialize new employees into the organization, provide skills and knowledge, and help individuals and groups become more effective. To ensure that these goals are achieved, care must be given when designing and delivering HARD programs. Designing HARD intervention involves a process, which includes a four-step sequence: needs assessment, design, implementation, and evaluation. Needs Assessment phase HARD interventions are used to address some need or gap within the organization.A need can either be a current deficiency, such as poor employee performance, or a new challenge that demands a change in the way the organization operates. Employee performance. This information can be used to: Establish priorities for expending HARD efforts Define specific training and HARD objectives Establish evaluation criteria. Design phase The second phase of training and HARD process involves designing the HARD program or intervention. The following activities are typically carried out during this phase:Selecting the specific objectives of the program Developing an appropriate lesson plan for the program Developing or acquiring the appropriate materials for the trainees to use Determining who will deliver the program Selecting the most appropriate method or methods to conduct the program Scheduling the program The design phase also involves selecting and developing the content of the program. This means choosing the most appropriate setting for the program (e. G. On the Job, in a classroom), and the materials to be used in delivering the program (workbooks). Implementation phaseThe goal of the assessment and design phases is to implement effective HARD programs or interventions. This means that the program or intervention must be delivered or implemented, using the most appropriate means or methods. Evaluation phase Program evaluation is the final phase in the training and HARD process. This is where the effectiveness of the HARD intervention is measured. Careful evaluation provides information on participants' reaction to the program, how much they learned, whether they use what they learned back on the Job, and whether the program improved the organization's effectiveness.This information allows managers to make better decisions about various aspects of the HARD effort, such as: Continuing to use a particular technique or vendor in future programs Offering a particular program in the future Budgeting and resource allocation Using some other HER or managerial approach to solve the problem It is im portant that HARD professionals provide evidence that HARD programs improve individual and organizational effectiveness. Armed with this information, HARD managers from other areas of the organization when discussing the effectiveness of their actions and competing for resources. Unit questions:Management development is one of the most common HARD activities. Although management development has been defined in many ways, the following definition best captures the essence of management development as it can and should be practiced in organizations: â€Å"an organization's conscious effort to provide its managers (and potential managers) with opportunities to learn, grow, and change, in hopes of producing over the long term a cadre of managers with the skills necessary to function effectively in that organization†. This Unit will address Management, Organizational as well as Career development in detail.