Friday, December 13, 2019
eBay The Global Strategy Free Essays
Pierre Omidyar, a computer programmer, developed the platform of eBay and introduced it to the World Wide Web in 1995. (Daniels, Radebaugh, Sullivan, 2007) Omidyarââ¬â¢s goals and objectives in designing the interface of eBay was grounded on his idea of opening the industry of market auctions to wider populations of buyers and sellers that link up through the Internet. Moreover, his idea of an online marketplace for buyers and sellers was based upon his vision of equal competition among sellers, eliminating the discrepancies on how sellers are competing in the real market structure for the purpose of attracting the attention of buyers and overpowering their competitors. We will write a custom essay sample on eBay: The Global Strategy or any similar topic only for you Order Now For Omidyar, eBay balances the playing field for all sellers and provides equal opportunities of purchase for the buyers. (Gopalkrishnan Gupta, N. D. ) Although Omidyar was able to eliminate the competition within the virtual sphere of eBay, eBay Inc. was experiencing the surge of competition from other virtual commercial establishments that were designed under the same framework of eBayââ¬â¢s market auction. In addition, eBay, as a business organization, needed to cope with the challenges of the globalization, thus, the development of strong and stable globalization strategy for eBay as supported by its core competency and its configured and coordinated value chain. (Daniels, Radebaugh, Sullivan, 2007) The core competencies of eBay constitute the unique platform or design of eBay as an online marketplace that sets it apart from other virtual business organizations establishing its competitive advantage in terms of services or offerings, eBayââ¬â¢s valuing of establishing trust among its clients and assuring the safety and security of being involved in online auctions facilitated by the organization, the value or significance that eBay grants market efficiency, and one of the primary goals of eBay to establish partnerships with other organizations to foster network benefits and productivity. Daniels, Radebaugh, Sullivan, 2007) These core competencies have established some of the strategies that eBay has implemented over the years in order to obtain competitive advantage and fulfill the goals and objectives of the organization. Perhaps the most successful strategy which has helped sustain the growth and development of eBay was its opening of services of an online open market for everyone who needs to tie up with the platform of eBay in order to sell or buy goods or products from different parts of the world. This has widened the client base of eBay, realizing one of its core competencies, that is its uniqueness in being able to establish a marketplace that is open to all despite the distance. (Gopalkrishnan Gupta, N. D. ) In addition, according to a report released by eBay in 2006 in order to discuss its global strategies for continued growth and development of the business, through its acquisitions of other organizations, such as PayPal (eBay, 2009a), and its development of other virtual services that assist in the facilitation of services provided by eBay. Some of these services include Skype which is a communication tool that buyers and sellers around the world may use to communicate. eBay has also realized that in order to uphold its core competency of market efficiency, it needed to implement a multi-branding strategy to capture a larger market population. This was accomplished through its development of Shopping. om and other Marketplaces such as eBay stores, ProStores, and such. (eBay, 2009b) Reviewing the value chain configuration and coordination of eBay, the decision to structure this particular system was motivated by the platform of eBay considering what drives the business ââ¬â that is, the buyers and the sellers ââ¬â and the processes that facilitate business practices and operations. Apparently, the value chain model of eBay constitutes five tiers of factors or features, starting from the legal aspect of the business, to its management of finances, the human capital of the organization, the technical department of the organization which keeps eBay up and running online, and most importantly, the process and operations involved in running eBay. This process starts with marketing, to the transfer of information from sellers to buyers, the process of auctioning products of goods, the payment, and the review of accountability and reliability of eBay and sellers to provide for the needs and demands of buyers. Schmidl, 2006) The configuration and coordination of eBayââ¬â¢s value chain was based on the logical analysis of how eBay will commence operations, especially since the organization is run by the buyers and sellers who are involved in the process of keeping organizational operations. The analysis of eBayââ¬â¢s value chain establishes the fact that it is vir tual and not real since the process of marketing up until peer reviews is completed online. From marketing eBay, to the transfer of information and facilitation of communication between buyers and sellers, the auction and payment process, until the peer reviews regarding accountability and reliability of eBay and sellers, is done through online tools and applications that constitute the platform of eBay. Perhaps this is one of the many reasons why the particular process identified as eBayââ¬â¢s value chain adds value and advantage to eBay, since it is able to provide services virtually to global networks without offering problems and difficulties to buyers and sellers. The analysis of eBayââ¬â¢s core competencies, strategies, and its value chain proves that they are no different from what eBay has implemented ten years ago. Until today, the strategies employed by eBay are based on its mission of providing an online open market for everyone ââ¬â to buyers and sellers ââ¬â eliminating competition and the challenges that constitute to the establishment of concrete business establishments that operate in the same manner. eBay has made it easy for individuals to operate a business and purchase specific goods or products. However, eBay has to continue in developing its platform if it hopes to grow in the following years, based on the threats and challenges posed by some issues that eBay clearly needs to addressed as mentioned by Daniels, Radebaugh, and Sullivan (2007). These challenges suggests that eBay should be able to raise its cultural sensitivity, addressing the problem of language barriers, the implementation of legal laws and policies to regulate overall eBay operations, and its modification of its virtual value chain, applying concepts of real value chain in order to address the digital divide. How to cite eBay: The Global Strategy, Papers
Thursday, December 5, 2019
Compare/Contrast Online Shopping vs Traditional Shopping free essay sample
Online shopping has grown to new heights over the last decade and shows no signs of slowing down. The internet has brought practically every store in the world to the finger tips of anyone with internet access. Shopping online gives the user the opportunity to search for the product they want through endless avenues. Online shopping has grown so large that many companies are not investing in buildings and mall space, rather in online websites and web advertising. Through this paper I will discuss the reasons why shopping online is a better alternative to traditional shopping.The first benefit of online shopping is the convenience. While others are out fighting traffic and waiting in lines, online shoppers are home relaxing. Online shoppers can go from store to store with a flick of a mouse, while traditional shoppers have to walk, drive or canââ¬â¢t get to the stores they want. Online shoppers also benefit when it comes to comparison shopping. We will write a custom essay sample on Compare/Contrast Online Shopping vs Traditional Shopping or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Traditional shoppers have to put a lot of work into comparison shopping. They have to drive from place to place find items and price and go onto the next place. This can be exhausting and stressful.The online shopper can do this from his or her couch. Online shoppers can search the planet for the product they are looking for, while traditional shoppers are limited to a small area. Saving money is always a concern when shopping. Many people argue that shipping is the downfall of online shopping. The truth is that if you take all things into consideration shipping charges are minor. Often time the money you spend on gas, food, and time far outweighs the cost of shipping. Online shopping or traditional shopping, everyone has a preference.If you enjoy being out in the crowds, waiting in lines, and getting stressed out then traditional shopping is for you. For me, Iââ¬â¢ll take a hot cup of coffee and an easy chair. I believe that there really is no comparison. In theory a person would never have to leave their home. All in all the benefits far outweigh the negatives when it comes to online vs. traditional shoppers. The convenience, the ability to compare products, and the ability to save money all lead to the conclusion that online shopping is the way to go these days.
Thursday, November 28, 2019
Four factors that accelerate globalization
Like the proverbial phrase goes, we are now living in a global village. Globalization has been a subject of discussion for decades now and it is still among the worldââ¬â¢s greatest progressive achievements. It can be defined as the process through which markets and businesses, across the world, get increasingly interconnected with time.Advertising We will write a custom essay sample on Four factors that accelerate globalization specifically for you for only $16.05 $11/page Learn More There are four main reasons why globalization is growing at an accelerated pace. These include Information Technology, growth of regional trading blocs, development o reliable transport links and consumer expectations of quality. This paper is an, in depth, exploration of the reasons why these factors are contributing to accelerated globalization. As it has been stated above, among the reasons why globalization is growing at an accelerated pace is the presence of Informa tion Technology (IT). IT is a major accelerator of globalization due to its unique support for remote transactions and marketing. That is, IT makes it possible for companies targeting a global customer-base to reach these customers encountering many problems. This is usually done by advertising on the internet. IT has also enabled interconnectivity of Management Information Systems for branches of the same company located at different locations across the world. This has made IT-related globalization touch the service delivery sector. IT is suspected to be the single largest main contributor to globalization this decade and thus its contribution cannot be exhausted (McHenry, 2009, p 12). Similar to the information transmission highways that have been created by the resources of Information Technology, transport networks also have a great contribution to the accelerated globalization that we are currently experiencing. Transport networks have been increasingly growing and improving i n efficiency and effectiveness (Appadurai, 2001, p. 66). This makes the provision of goods and services to international clientele easy and thus it promotes globalization. Regional trading blocs also have a role to play in the accelerated globalization that the world is currently experiencing. These blocs promote globalization by ensuring that there are limited cross-border trade restrictions. This enables goods and services to be traded among countries and thus better trade relations and better infrastructure for trade are created. This way, globalization is accelerated. In addition to this, consumer expectations of quality are a main contributor to accelerated globalization. Consumers are increasingly becoming choosey in terms of the quality of products or services they pay for (Appadurai, 2001, p. 67). This is the main reason why consumers are now purchasing products from companies abroad. This is indubitably a contribution to accelerated globalization.Advertising Looking fo r essay on communications media? Let's see if we can help you! Get your first paper with 15% OFF Learn More As evidenced in the discussion above, accelerated globalization has its roots in a variety of factors. Multinational companies should do all they can to harness the advantages that are brought by accelerated globalization and also utilize their limited resources in the promotion of accelerated globalization. This is because accelerated globalization will not only benefit the organization that promotes it, but it will also benefit the society and the world at large. The factors discussed above are just a subset of the factors promoting accelerated globalization. It is thus of essence for multinational organizations and countries to critically evaluate the ways in which they can contribute to accelerated globalization and employ the means that are more convenient to them. With this kind of contribution to globalization, the worldââ¬â¢s economy will keep on getting b etter and economic goals like the MDGs will easily be achieved. Reference List Appadurai, A. (2001). Globalization. California. Barnes Noble. McHenry, N. (2009). Accelerating globalization: Why focus on Information Technology. Retrieved from https://www.piie.com/publications/chapters_preview/3900/01iie3900.pdf This essay on Four factors that accelerate globalization was written and submitted by user Raegan U. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
Sunday, November 24, 2019
Financial Challenges in Companies
Financial Challenges in Companies Introduction Though managing an organisation involves long-term thinking and careful consideration of the organisational dynamics, many corporations cannot handle untimely alterations of the business environment. This is because the global monetary crisis comes at an unprecedented time, making it difficult for some organisations to put their operations in a manner that helps them cope with such financial challenges.Advertising We will write a custom essay sample on Financial Challenges in Companies specifically for you for only $16.05 $11/page Learn More Despite the reality that financial challenges have hit global business operations in one way or the other, and at different times, the horizon at which the companies operate has not been so proactive (Gustavo, Michaely Swaminathan 2002, p. 379). For instance, the corporate finance and agency problems have created monetary conflicts that exist between the management of the company and their stockholders, an issue that has really affected the decisions at the corporations (Gustavo, Michaely Swaminathan 2002, p. 389). The conflicts are relevant to corporate finance since the managers of the company, who are meant to act for the best interest of the shareholders, often fail to do so as expected of them. These managers, who act as agents of the shareholders, are meant to make decisions that are geared towards maximising the stockholdersââ¬â¢ wealth. However, they fail to do so due to their desire to maximise their own wealth. In essence, these agency problems are related to the corporate finance in the sense that they help in understanding and analysing the stockholderââ¬â¢s equity, corporate governance, and agency costs. Contemporary studies demonstrate that the non-responsive nature of the management to information related to the eventual financial crisis lead to compromised decisions about the specific monetary problems. Literature review Corporate stakeholders are often faced wi th the conflict of interest to pursue personal goals other than the intended objectives of the company. This makes it difficult for them to formulate guidelines, which might help the company avoid the impacts of financial crisis through pre-empting the market situation and other financial environment of the company (Gustavo, Michaely Swaminathan 2002, p. 389). Therefore, there is a need to put in place appropriate mechanisms so as to effectively deal with the potential conflicting issues in the organisation. Research attributes the ignorance of the management to offer advisory opinion about looming financial crisis as it depicts the pursuit for personal interests, rather than that of the company.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The conflict of interest among the stakeholders of the company might make the shareholders pass a vote-of-no-confidence on some of the boa rd members during the membersââ¬â¢ board meetings (Gustavo, Michaely Swaminathan 2002, p. 397). The presidents of the company are awarded bonuses due to their hard work in order to motivate them. However, when the performance is dwindling, as witnessed in the Coca-Cola Company, the stakeholders might be forced to terminate the contracts of the top management team of the corporation, if it is assumed that their roles would compromise the productivity in the company. Indeed, the dividend policy of any firm can be regarded as irrelevant owing to the fact that the corporations that often pay many dividends to the shareholders give little price appreciation (Gustavo, Michaely Swaminathan 2002, p. 389). However, this must offer the same sum of revenue returns to the investors, depending on their risk characteristics as well as the cash flows generated from the investment ventures (Jackall 1988, p. 55). In fact, since there are lack of taxes, but if there is any, both the capital gain s as well as the dividends are often taxed under a similar rate. Therefore, the investors ought to be indifferent to get their expected returns in both the price appreciation as well as in dividends by adopting an effective property management strategy. Property management is critical in the success of any given company. The relationship between the two has been explored through the SWOT analysis, which helps business to assess whether a particular strategy is viable for business operations, as well as to establish ways of moving forward. Carrying a SWOT analysis for property management helps the management adopt ways of getting cash out of price appreciation. It also provides a strategy that facilitates provision of dividends to the stakeholders without involving the transaction cost and floatation, thus resulting to fair prices for the stakeholders (Jackall 1988, p. 61). Gustavo, Michaely, and Swaminathan (2002, p. 389) have found out that analysing property management helps the c ompany increase effectiveness and efficiency in the management system. Through an analysis of threat, it is clear that the management is able to refrain from taking chances on the companyââ¬â¢s financial status since it gets into a position of assessing the dividends payable to the stakeholders as well as the amount of capital resources required to run the business.Advertising We will write a custom essay sample on Financial Challenges in Companies specifically for you for only $16.05 $11/page Learn More Thus, it is imperative to note that management of property in a company is highly influenced by the decision making process adopted. For case in point, when a company adopts satisficing decision making without a careful analysis, then it is bound to fail. This stems from the fact that satisficing decision making entails adopting the readily available decision to address a particular problem facing the company. For case in point, a company is bound to fai l when it takes the readily available decision and makes a decision that results in conflict of interest among the stakeholders, information asymmetries, and taxes levied (Sunder Myers 1999, p. 219). Despite the fact that the stakeholders prefer large sums of dividends, satisficer decision-making model can play a critical role in wasting the resources of the company, leading to higher taxes for the company (Sunder Myers 1999, p. 219). It is for this reason that an organisation should find ways of adapting effectively to the dynamic organisational changes, as this would facilitate a suitable avenue for establishing a positive feedback on the future of the companyââ¬â¢s prospects, as well as future declaration of dividends (Lyandres Zhdanov, p. 54). Achieving a financial target for a firm has been highlighted as one of the major divers to organisational changes, as it helps to avert financial crisis with respect to internal and external stakeholders of the firm. In this regard, Sunder and Myers (1999, p. 219) have found out that if a company takes a positive approach towards organisational changes and announces dividends, it gets into a position of increasing its stock prices. However, Sunder and Myers (1999, p. 220) have also considered a number of barriers that may hinder a given company to adopt the dynamic organisational changes, which would facilitate management of capital resources. Key amongst these barriers is capital for compensating the shareholders. This barrier creates a challenge for the company, making it seek for funds elsewhere. And in a bid to curb the change management crisis, the company might decide to include new investorââ¬â¢s board, and this, in turn, may adversely affect the companyââ¬â¢s culture. This stems from the fact that organisational changes are not only characterised by financial improvements but also a change in people attitudes as well as their behaviors. Moreover, Sunder and Myers (1999, p. 221) have emphasised on the relationship between time and effective change management process, stating that it is not a worthy venture for a company to issue new stocks in order to pay dividends in the same financial year. More so, the authors have added that a company should not pay dividends to shareholders immediately after a financial crisis in an effort of creating a positive attitude for the firm.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Property management is not only affected by barriers to organisational changes but goal setting with regard to defining short, middle, and long term strategies to be adopted by the firm. This has elicited a study on establishing the management approach that should be adopted by diverse firm following an analysis liquidity and credit worthiness, among other factors (Sunder Myers 1999, p. 222). As such, it has been established that payment of dividends should not be classified as a short-term strategy since dividends have a high possibility of causing additional problems during the period of financial crisis (Lyandres Zhdanov 2007, p. 61). Additionally, managerial functions, such as planning and evaluation, have influenced the manner in which property management of a given firm is handled. Proper planning is crucial in property management since it facilitates a good cash flow for the firm after subtracting the capital expenditure (Thompson McHugh 2002, p. 48). Additionally, proper planning plays a critical role in projecting whether the company could be faced with a financial crisis in future; hence, it analyses how the company is able to counter such financial risks by assessing the possibility of mergers and acquisitions (Thompson McHugh 2002, p. 52). As such, the managers involved in the planning process should ascertain whether the planning process is in line with the organisation mission and vision. In doing so, the company gets into a position of coping with the upcoming business challenges without involving many outsiders, who have the capacity of changing organisational culture. In addition to this, Thompson McHugh (2002, p. 52) have found out that implementing proper planning with regard to cash flow projection is critical since it helps in understanding the motives behind adopting a merger and acquisition by availing sufficient amount of cash to carry out such transactions. The theory of planning recommends that it is paramount to come up with a c ash hypothesis that helps in understanding the periods that the company is likely to be sold out to other investorsââ¬â¢ companies (Timmer 2011, p. 102). The leverage buy-outs is imperative in the planning process since it helps firms that are in big debts to obtain sufficient funds for settling their outstanding debt through collateral from the company in order to secure loan. Though this often comes with interest, it is beneficial in the sense that the company is able to set cash from the secured loans in order to carry out some of is intended activities during and after the financial crisis ( Timmer 2011, p. 103). Evaluation is also a managerial function that helps to establish that financial crisis has the probability of halting the operations of a given company. Timmer (2011, p. 104) has found out that countering financial challenges through mergers and acquisition can create a disadvantage to the company that has succumbed to failure as it involves transferring most of its assets to the acquiring firm. The acquiring firm partially settles the debts of the failing firm, creating room for goodwill for the acquiring firm. In his study of performance evaluation, Watson (2001, p. 224) points out that debt is a cheaper option of handling financial crisis than equity simply because equity involves holding partnership with the shareholders, who share in the companyââ¬â¢s productivity. And even though the shareholders are instrumental in facilitating the success of the company, they do not offer some technical expertise and knowledge in running the business since their work is to contribute capital to the business, not decision making on management of capital (Watson 2001, p. 225). Therefore, this can be regarded as an added cost in the management of property because in case of losses, the business bears it alone since the investors are only involved in sharing the returns, which are given in the form of dividends. On the other hand, Watson ( 2001, p. 225) has found out that inasmuch as the company would want to adopt a long term goal for debt repayment, it is sometimes unable to do so as debts are always periodic and have time limits for completion. This leaves the company with only one option that does not require time limit: dividends paid on the equity. Assessing the financial status of a company is critical in the planning process as it helps to ensure successful Implementation of business strategy. Watson (2001, p. 226) has pointed out the rationale of evaluating bankruptcy cost in regards to the firmââ¬â¢s capital structure and its response to financial crisis. This demonstrates that the management should note the role played by Bankruptcy costs since they form the foundations of financing policies of the firm. Thompson McHugh (2002, p. 53) have also demonstrated the role of bankruptcy costs, stating that these costs act as the counterweight to those taxes that have been deducted on the interest payments. Moreover, Thompson McHugh (2002, p. 53) ascertain that the costs associated with the bankruptcy, such as the reorganisation costs and tax credit losses, directly impact on the capital structure of the firm, since they demonstrate poor managerial practice with regard to planning and evaluation. By using the SWOT analysis, the organisation should be in a position to identify the threats in property management. More so, this analysis facilitates an understanding of the management strategy that should be adopted since the manager gets information on the unknown information through a cost-benefit analysis. In this regard, the management should note that when leverage of the company is on an upward trend, the firm is bound to suffer losses due to negative present value (NPV), as this makes the managers under invest in such projects (Watson 2001, p. 227). Additionally, the management should note the opportunities within the strategy, and key amongst them is the fact that the equity holders are attracted by the net benefits of the project; this creates an avenue for passing the rest of the costs to the bondholders. Capital structure is the strategy in which a corporation finances its own assets through combining equity, debt, or through hybrid securities (Baker Jeffrey 2002, p. 4). Management of capital structure will not only facilitate the management of financial resources but also the human resources, the companyââ¬â¢ s assets, as well as the structure of the business. A vast majority of managers adopt external financing by issuing shares to the public, thus creating room for external ownership of the company (Baker Jeffrey 2002, p. 5). However, Myers Majluf (1984) argue that equity is not a preferred method of raising capital that could help the company during financial crisis and in the post crisis period. This stems from the fact that the practice threatens the values and norms of the company, creating a conflict between the managers and the new investors. While the new in vestors may tend to think that the company has value, the management takes this advantage to raise capital for the firm, and this may result in low companyââ¬â¢s shares after sometime (Baker Jeffrey 2002, p. 7). Thus, the management should be in a position to choose a control system that has less risk in long-term basis. However, sometimes, the management faces challenges emanating from lack of knowledge on previously made decisions and the actual occurrence when the financial problem arises (Baker Jeffrey 2002, p. 15). In this case, the management should adopt traditional approaches, as they help to choose a capital management that has the lowest probable cost of capital for the company. Myers Majluf 1984 ( p.188) have described how management should use organisational controls that facilitate a reduction of debt ratio, while making sure that leverage-increasing actions like stock repurchases and debt-for-equity interactions are employed. This creates a differentiation betwee n the management approach that should be adopted before and after the financial crisis faced by the management (Myers Majluf 1984, p. 194). As such, Knights Willmott (2006, p. 22) recommend focused management in controlling future financial crisis. Conclusion In sum, the practical monetary managers will try to retain financial flexibility while making sure they attain long-term survival of their companies even after financial crisis. This will also help the company in planning for the possible financial problems. The research indicates that through improved and effective administrations of the organisation, the managers have to dedicate their time to work, which involves long-term thinking and vigilant consideration of the company changes. In this regard, many corporations are perceived to be unable to make alterations of the business setting so that the organisation could implement most of the fiscal strategies prior to, or after, a monetary crisis. This shows that such financial problems could effectively be realised only through the practice of objective and focused management. The justification was that since the global monetary crisis reaches at an untimely situation, thus, not quite practical for a number of companies to realign their manufacturing and administrative processes to match the predicted financial positions and the global trends that might be in order with their operations. Such attempts might help the companies cope with such financial challenges. Regardless of the realism that the fiscal challenges have had gross affects on global business operations in a number of ways and at different instances, the magnitude at which the entities operate has not been so hands-on to deal with increasing affects of financial crises. For instance, large business finance and organisation tribulations have resulted in monetary shortfall that exist and affect the link between the management of the company, customer base, and the suppliers. This situation has really compromised the choices, which the corporation could arrive at. Finally, the standoff could be relevant to corporate changes since the management of the entity that should make the decision in the best interest of the entire parties involved in its management often fail to execute their duties. Literally, these managers, who should act on behalf of the board as a watchdog of the financial alterations in the company, end up disappointing the shareholders. In fact, they are meant to make choices, which should be in favor of the shareholders. Essentially, Managers fail to act appropriately owing to their mixed interest and desire to maximise their own gain. References Baker, M Jeffrey, W 2002, Market Timing and Capital Structure, Journal of Finance vol. 57 no.1, pp. 1ââ¬â32. Gustavo, G Michaely, R Swaminathan, B 2002, ââ¬Å"Are Dividend Changes a Sign of Firm Maturity?â⬠, The Journal of Business, vol. 75, No. 3, pp. 387-424. Jackall, R 1988, ââ¬ËLooking up and lo oking around excerpt from Moral mazes: the world of corporate managersââ¬â¢, Oxford University Press, Oxford. Knights, D Willmott, H 2006, ââ¬ËManagement and Leadership: Introducing Organizational Behaviour and Managementââ¬â¢, Thompson, London. Lyandres, E Zhdanov, A 2007, ââ¬ËInvestment Opportunities and Bankruptcy Predictionââ¬â¢, Harcourt College Publishers, Fort Worth. Myers, S Majluf, S 1984, Corporate Financing And Investment Decisions When Firms Have Information That Investors Do Not Have, Journal of Financial Economics, vol.13, no. 2, pp. 187ââ¬â221. Sunder, L Myers, S 1999, ââ¬Å"Testing Static Tradeoff Against Pecking Order Models of Capital Structureâ⬠, Journal of Financial Economics, pp. 219-244. Thompson, P McHugh, P 2002, ââ¬ËWork Organizations: A Critical Introductionââ¬â¢, (3rd Ed.), Palgrave Macmillan, Basingstoke and London. Timmer, J 2011, Understanding the Fed Model, Capital Structure, and then Some, Fort Worth, Harcourt Colle ge Publishers. Watson, T 2001, ââ¬Å"The Emergent Manager and Processes of Management Pre-Learningâ⬠, Management Learning, vol. 32, no. 2, pp. 221-235.
Thursday, November 21, 2019
Case study development and presentation Example | Topics and Well Written Essays - 3500 words - 2
Development and presentation - Case Study Example kjet printers of Hewlett Packard are renowned for their vibrant and rich printouts which makes Hewlett Packard a leader in the market of different models of printers. The new inkjet printers of the company provide for durable printing in the offices and can enhance the speed and quality of paper and print work in an office environment. The new Office Jet Pro X range of printers launched by Hewlett & Packard are expected to bring about transformations in the way paper and print works are carried out in the modern offices. The ââ¬Å"Ink it outâ⬠tag is give as a form of expression for emphasizing on the importance of a printer in the corporate offices. The main features of the new office Jet Pro X Range of inkjet printers presented by Hewlett Packard are cost effective, fast and efficient for usage. The use of these printers can drive up the efficiency of an organization by supporting the office works in terms of speeding up, quality enhancement and low cost generation for printing works. The inkjet printers are often less preferred by the corporates due to the huge expenses associated with the use of the high quality printers. However, the new series of inkjet printers launched by HP is likely to change the views of the users of printers because, this series of Inkjet printer comes with astounding and impressive features like highly innovative design, less space consuming, and quality driven design and functionalities.. The factor of long wait time in printing is one of the biggest hurdles in inkjet printers. But the new series of inkjet printers launched by HP will change all expectations related to lagging efficiency and time consumption of the inkjet printers because the new HP Office Jet Pro X range of inkjet printers launched by HP can print 55 pages per minute. Reliability and higher price consumable image associated with the inkjet printers have acted as major restraints in the popularity and mass scale use of inkjet printers. However, brands like Hewlett
Wednesday, November 20, 2019
Reconceptualizing Cultural Identity and Its Role in Intercultural Article
Reconceptualizing Cultural Identity and Its Role in Intercultural Business Communication and The Business Case for Enterprise Mashups - Article Example According to the article, the cultural identity is an individualââ¬â¢s sense of self-derived formal or informal membership in groups that inculcate knowledge, beliefs, values, attitudes, traditions, and ways of life. The article argues that a broad conception of cultural identity should not in any way privilege nationality, but rather balance the components of vacation, class, geography, philosophy, language, and biological aspects. Since cultural identity changes over time and that evokes emotions negotiable through communication, the article proposes the model of cultural identity that highlights components directly related to business, including economic class and professional affiliation. While such a model proves rather viable in eliminating all forms problems related to poor communication in the business, the reality can prove otherwise. Regardless of the policies or measures put in place to divert attention from such issues defining people in organization, the reality is ra ther opposite. Increasingly, people look at things in a different perspective. For instance, accepting that a person ever committed a mistake is rather odd, especially in organizations that use teams in accomplishing tasks and allocation of duties.
Monday, November 18, 2019
Scholarly Critique Paper Research Example | Topics and Well Written Essays - 1000 words
Scholarly Critique - Research Paper Example Purpose of the Study Williams (2005) found that the recent estimate reveals that children spend an average of 7 hours per week in video games. This is remarkable information because this finally leads him to find if violent content or frustration may be linked to a significant effect or impact. The study seeks to find out if there is potential impact of violent content and frustration with gameplay. In addition, the proponent wants to know if the interaction of violent content and frustration creates impact on aggressive personality of the players. The study therefore has a relevant purpose of investigating the effect of video games on the subjectsââ¬â¢ personality primarily on how the violent content or frustration may provide an influence. This study is important because it will stand as a vital addition to the body of knowledge linked to the potential impact of videogame to its players. Main Hypotheses There are five hypotheses that the proponent identified in the research stud y. The first hypothesis states that there must be higher scores of state hostility measure for violent game compared to its nonviolent counterpart. The second hypothesis asserts that there must be higher scores of state hostility measure for frustrating game compared to low or non-frustrating game. The other hypothesis is about having certainty of higher scores on hostility measure if the participants will be exposed to both violent content and frustration. The fourth hypothesis suggests that participants who are having high trait in hostility should therefore score higher on a state hostility measure when they have to play violent game compared to those with low trait in hostility. The last hypothesis states that participants with high trait hostility should have a higher score in state hostility measure than those with low trait hostility during the actual play of a violent game. These are the essential hypotheses that Williams considered as vital points to consider prior to meeti ng the actual purpose or research problem of the study. In line with this, we can therefore detect the independent variable and it is the actual score in state hostility measure. The dependent variables are therefore the level of violence and frustration linked to the videogame. In addition, all of these are therefore directional hypotheses because they try to emphasize the use of a comparison term ââ¬Ëhigherââ¬â¢, which is an indication that there must be a remarkable difference between the groups that will be compared and how specifically they will differ. Design and Measurement There were one hundred fifty male college undergraduates at a large southeastern university coming from a psychology and mass communication courses who were employed in the research study. In the actual study, each of the participants was given the opportunity to play one of the four video games, which include violent and frustrating, violent and low/non-frustrating, nonviolent but frustrating, and n onviolent and low/non-frustrating. The participants were asked for their consent to participate in the study, which took place in more than one phase. This is to ensure that all of the respondents will turn out not forced to join in the research, but they have their consent to participate. To test the hypothesis, the proponent of the study relied on the response of the subjects on the given questionnaires and the use of statistical analysis like the analysis of covariance
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