...Several government officials, agro-processors, farming entrepreneurs and other stakeholders in the agriculture sector converged on the premises of the Fond Assau Agro-Processing Plant in Babonneau for its formal opening on Tuesday, September 6th, 2011. This modern facility was co-funded by the Republic of China on Taiwan and the Government of Saint Lucia at approximately Two Million EC Dollars (EC$2 million). The Taiwanese Government supported the refurbishment or modernization of the existing SLBC facility at the cost of EC$1.5 million and the land had been purchased by the government from the defunct St. Lucia Banana Corporation (SLBC) for approximately EC$280,000. The lively proceedings were led by Permanent Secretary in the Ministry of Agriculture, Lands, Fisheries and Forestry, Hubert Emmanuel, who served as Master of Ceremonies (MC). Deputy Permanent Secretary, Mrs. Sonia Monrose delivered welcome remarks to an expectant audience. She noted that agro-processing serves to enhance food security; while improving the value chain by transforming primary agricultural produce making them ready-vacuum-packed for our busy housewives, house-husbands, restaurants, hotels, motels, supermarkets and other retail outlets throughout Saint Lucia.The Chairman of the Saint Lucia Marketing Board (SLMB), Mr. Stephen Best, pointed out that the Fond Assau Agro-Processing Centre, is a momentous occasion reflecting the foresight and vision of the Minister of Agriculture, Ezechiel Joseph; and...
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...MIS 205 Section 01 Spring-2013 Project Guideline Faculty – AIK You have to choose one project out of these: 1. “Business level strategy & the value chain model” 2. “Firm level strategy & information technology” 3. “Tools & techniques employed in developing an Information System” 4. ------------------------------------------------- “Examining the role of Customer Relationship ------------------------------------------------- Management System” 5. ------------------------------------------------- “A consideration of the impact of outsourcing on City ------------------------------------------------- firms” 6. ------------------------------------------------- “How information could be strategic resource?” 7. ------------------------------------------------- “Examining the role of Supply Chain Management System” 8. ------------------------------------------------- “How business strategy drives a successful Information System?” 9. ------------------------------------------------- Define the corporate strategy of anyone of these: Square, Unilever, BAT, Grameen Phone, Banglalink, or HSBC, SCB and explain their network system. In this Semester, you are provided with nine project topics and you have to select one of them for your project. You will do an extensive project work on current situation of your selected topic and services of different organization related to your topic. Your project will include their system...
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...Management initiatives for the Agri-business sector in India Topic: Capital intensive vs. labour intensive in agri-business Abstract The presentation attempts at reviewing the management initiatives for capital and labour intensives in agri-business in India. Agriculture has played a vital role in the survival of human and development of civilization. Agriculture continues to be a fundamental instrument for sustainable development in India. Agri-business is a generic term for the various businesses involved in food production, including farming and contract farming, seed supply, agrichemicals, farm machinery, wholesale and distribution, processing, marketing and retail sales. The primary objective of this presentation is to find out the capital intensive vs. labour intensive in agri-business in India. The secondary objective is to find out in what circumstances both these intensives are going to be used effectively and efficiently. Agri-business can be done in two forms of utilisation of sources to effective mass produce. One is Capital intensive and the other is Labour intensive. ‘Capital’ refers to the equipment, machinery, vehicles, etc., that a business uses to make its product or services. Capital-intensive processes are those that require a relatively various levels of capital investment compared to the labour cost. The costs of financing, maintaining and depreciating of capital are investment and overheads. These processes are highly automated...
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...than any inherent defects in the TQM model, are the sources of the poor results achieved with TQM in many organizations. While the principle of TQM about complete change of culture must have been in the minds of every member of the organization, there is no doubt that it is easier said than done. What if we don’t need to reinvent the wheel? What if the system will run like a well oiled machine but the drivers are not up for it? Goals, Purpose, and Significance of the Article/Paper The overall objective of this paper is to provide a background for conversation on quality management research and the operational management tools that would facilitate the effective implementation of new quality management processes in the changing agri-food environment. Specifically, the paper seeks to address the following: 1. Provide an overview of original quality management principles. 2. Assess the gaps between the principles espoused by the original thinkers on quality management and the practice of quality...
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...Entrepreneur: Description The entrepreneur always had new ideas, because she admires variety and she looks for beauty and harmony in life. She didn't know anyone who started their own business while growing up; however, her current role model is Richard Branson. She prefers working with individuals whom she likes and trusts. Having a good relationship with her friends and partners are important for the well-being of her business. Educational Background The entrepreneur holds a Bachelor of Science with a major in International Economic Relations from Bulgaria, which she reevaluated to the educational system in Quebec. Also, she is a Certified Trade Professional in Canada, USA, and Europe. Experience The entrepreneur has experience in sales and marketing, and used to own a company before immigrating to Canada. She possesses the professional contacts, such as lawyers, accountants and business advisers, and the local financing experience through her last business in Canada. Evolution of the Business Idea The business idea originated after the entrepreneur worked for several companies in Canada, but none of those jobs were of real interest and meaningful to the entrepreneur. She saw no future on the jobs she held, so she decided to do something that was different and stimulating, something that used more of her creativity and imagination. This is how the idea of offering eco soil, flowers, and the combination of both was born because she believed that beauty and flowers...
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...Company: questions for discussion | 1. What are the key facts of this case? And what, in your opinion, led Mari to sell her shares? Industrias La Vega was a Spanish meat processing business that produced hams, sausages, and other delicacies for domestic and export markets. The business was a US$ 04.8 million- a-year business but Francisco Jr. felt most concerned by the family conflicts that often overwhelmed him. Francisco, 45 had been working for over 20 years with his father and become president of the company in March 1994 when his father Francisco Sr. was killed in an automobile accident. Francisco.Jr had studied agri-business in a foreign national before returning to run his family business. Francisco was very loyal in taking care of the interests of his mother and sisters, although he received complaints from them in not keeping them well informed and inclusive in the business. While Francisco received a CEO salary, bonus and benefits package the sisters dividends were nowhere close to his take home pay. Francisco seemed to enjoy his wealth in luxury and flaunt the difference. The family members were not good communicators, especially when it came to topics of the business like money, finances and business ownership. The Family was known for it’s shared love and care among them but there was less evidence of respect for titles, organizational structure, hard work and formality of any kind. The ownership of the Organization as determined...
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...NEW VENTURE CREATION CASE STUDY: OPPORTUNITY RECOGNITION AT OPHL QUESTION 1 Why did the recognizing a new business opportunity was important for OPHL? It is very crucial for OPHL in recognizing new business opportunity especially when the company is realize the business turning to be unusual, thus effected the profit. In order OPHL to sustain in the industry, the company must seek a new business opportunity which promises a huge profit for short and long term, thus create values to the stakeholders. OPHL is facing turbulent business environment and it requires the company to be more aggressive and creative to ensure the sustainability of OPHL. The importance of recognizing new business opportunity has mentioned by Peter Drucker in his theories of Business Diamond Model and Managerial Levers. OPHL also needs to think out of the box in searching new opportunity to be competitive in the market as mentioned by Michael Porter in his Diamond Model. In that theory, Porter says that there are six broad factors; factor conditions, demand conditions, related and supporting industries, firm strategy, structure and rivalry, government and chance, which has become a key tools that interact with each other to create conditions where innovation and improved competitiveness occurs. QUESTION 2 What is the dilemma faced by Mrs. Rahmah? What are the main opportunities identified by OPHL? A recession led to slowdown in economic activity and due to the economic downturn, the...
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...Аbstrаct The report detаils on the Industry- e-commerce, to which Аmаzon belongs аnd how Аmаzon implemets E-commerce in its model. Аmаzon’s business strаtegies аnd it’s mаrket strаtegies hаve been covered in brief. Аmаzon is one of the biggest plаyers in the field of cloud computing аnd the wаy it’s implemented hаs been covered. Vаrious MIS tools аnd Models which аre employed by Аmаzon in it’s business solution, helps in developing better understаnding of the compаny аnd the subject in generаl. Industry Introduction: E-Commerce Electronic commerce populаrly known аs e-commerce is а new growth direction for the business community. It is the use of digitаl trаnsаctions between businesses аnd individuаls. In other words, e-commerce is the use of the Internet to conduct business trаnsаctions. Given the huge potentiаl thаt this formаt hаs, technology will certаinly improve ecommerce аnd hence provide individuаls with more choices, thereby аdding to the economy. E-Commerce is аlso defined аs the аbility of а compаny to possess а dynаmic presence on the Internet which will thus аllow the compаny to conduct its business electronicаlly; in other words shift to аn electronic shop. Products here аre аdvertised, sold аnd pаid electronicаlly. Due to the expаnsion of the internet, аdvertising аnd is аvаilаble to people аcross the world for аlmost negligible. Аn аdditionаl аdvаntаge is thаt, the technology offers immediаte up grаdаtion аnd solution to issues. The biggest chаllenge for...
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...Club IT part 2 Mark Reis Xbis/219 August 18, 2013 Katherine Escobar Club IT part 2 Ruben Keys and Lisa Tejada along with many other business owners understand that information system technologies will let their originations to compete and flourish in the market place. Lisa, Rubin, and a systems consultant have analyzed the current information system status and during this analysis they have identified three areas that need improvement. This prompted Lisa and Ruben made the decision to upgrade their information management systems. The first problem their information system identified was neither Lisa nor Ruben were not up-to-speed with e-commerce. The second problem is that their computers are old and out-dated along with that their Internet connection was the old hard-wired system that plugged directly into the computer. The third problem, they need a better way to keep track of customer orders along with keeping track of inventory. A “Water Fall” method was Lisa and Rubens choice of method to use in their systems analysis (Wiley Higher Education, 2006). Current Information System Lisa and Rubin use their information system to help run their business and in their decision-making process’ (Wiley Higher Education, 2006). Their intranet and using the Internet helps them search for and retrieve needed information quickly. The web site has a login for employees, and they can access their personal information like, how many hours they...
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...SG C1 True/False Indicate whether the statement is true or false. __T_ 1. IBM defines electronic business as "the transformation of key business processes through the use of Internet technologies." ___T_ 2. A transaction is an exchange of value. ___F_ 3. A transaction always has one or more activities associated with it, and an activity will always be related to a transaction. __T__ 4. Transferring funds, placing orders, sending invoices, and shipping goods to customers are all types of activities or transactions. __F__ 5. Business-to-consumer electronic commerce occurs when a person sells an item through a Web auction site to another person. __T__ 6. The U.S. government is one of the largest EDI trading partners in the world. __T__ 7. Firms such as Walmart and General Electric have been pioneers in using EDI to improve their purchasing processes and their relationships with suppliers. __T__ 8. A value added network (VAN) is an independent firm that offers connection and transaction-forwarding services to buyers and sellers engaged in EDI. __T__ 9. The increase in broadband connections in homes is a key element in the B2C component of the second wave. __T__ 10. In some cases, business processes use traditional commerce activities very effectively, and technology cannot improve upon them. __F__ 11. The skills of merchandising and personal selling can be easy to practice remotely. __F__ 12. A small-denomination item...
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...The Growth of Alibaba pg.8-pg.10 * Alibaba Business Model pg.11 * Five Forces Analysis pg.12-pg.13 * Present the Corporation Now pg.13 * Business Environment pg.14-pg.15 * The Financial Analysis pg.17-pg.18 * SWOT Analysis pg.19 * Recommendation for Alibaba pg.20 * Conclusion pg.20 * References pg.21 Definition * E-commerce Electronic commerce, commonly known as e-commerce or eCommerce, is a type of industry where the buying and selling of products or services is conducted over electronic systems such as the Internet and other computer networks. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at one point in the transaction’s life-cycle, although it may encompass a wider range of technologies such as e-mail, mobile devices, social media, and telephones as well. Electronic commerce is generally considered to be the sales aspect of e-business. It also consists of the exchange of data to facilitate the financing and payment aspects of business transactions. This is an effective and efficient way of communicating...
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...Li & Fung : Strategic Role of E-Commerce 2006/9/13 ECT 7010 Fundamental of ECommerce Technologies 1 Defensive posture of Li & Fung to the Internet at the beginning “Would the Internet disintermediate us? Would we get Amazoned by someone who will put together all of the information about buyers and factories online?” Answer: The Internet facilitates supply chain management and Li & Fung were not going to be disintermediated Key: have the old economy know-how and yet be open to new economy ideas 2 2006/9/13 ECT 7010 Fundamental of E-Commerce Technologies Internet Issues August 2000, beta launch of the new Businessto-business(B2B) e-commerce portal Important issues: Was there any chance of channel conflict or cannibalization between the offline business and the start-up? How would the market reach to the start-up once it was launched the following year? How specifically would e-commerce ultimately transform his family’s century-old company? 2006/9/13 ECT 7010 Fundamental of E-Commerce Technologies 3 Company Background 2000 – Li & Fung a $2 billion global export trading company 3,600 staff worldwide Sourcing and managing the global supply chain for high-volume, time-sensitive consumer goods Product mix – hard and soft goods Soft goods – apparel, including woven and knit garments Hard goods – fashion accessories, festive or holiday products, furnishings, giftware, handicrafts, home products, furnishing, home products, fireworks, sporting goods, toys...
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...Associate Level Material Appendix D Club IT, Part 2 To learn more about Club IT’s operations, you stayed until the 2:00 a.m. closing this morning to see how everything was tallied and accounted at the end of a business day. Although it was a late night and you had to wake up early this morning to report back to work, you now have a better understanding of the daily business cycle at Club IT. You are energized when Lisa asks you for suggestions on how to use club and public resources to keep Club IT’s edge as the high-energy, high-impact club it strives to be. The Internet research you have been doing for Lisa and Ruben has been eye-opening, but it is also exasperatingly slow on their dialup connection in their cramped back office. You have a lot of ideas for useful network applications at Club IT. There are many opportunities for discovery and collaboration among employees, members and business partners. You decide to take the initiative and research network applications for the benefit of Club IT. You have interviewed Ruben and the rest of the staff at Club IT and have compiled the following notes: • Club IT’s customers are mostly Net Generation and Millennials. They regularly use mobile technologies such as Blackberries, PDAs, camera phones, and other wireless communication devices. Online shopping is a regular part of their lives. • Not many nightclubs have taken advantage of various e-commerce activities, and Ruben sees this as an opportunity to gain...
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...3. Comprehensive Discussion on Consumerism Issues Panasonic adopted Firefox OS on their TV Panasonic faced huge competition in distributing and promoting the smart TV with operating system among the competitors such as Sony with Android TV, LG with webOS and Samsung with Tizen. In order to stay stable among the competitors, Panasonic made a great effort in their Smart TV platforms. Hence, Panasonic united together with Mozilla and subsequently came out with Panasonic Smart TV powered by Firefox OS. (Hands on: Panasonic Firefox OS Smart TV, 2015). By launching Firefox OS in smart TV, it will definitely bring more choices to customers, hardware manufacturers, developers and community. Panasonic has used the Firefox OS since year 2014. This development of the Firefox OS enhances the accessibility of the smart TV by supporting the HTML5 and web technologies on desktop computer and smart phones or tablets. (Harris, 2014). Simultaneously, this platform also facilitates the consumers in the optimal access to web browsers as well as broadcasts the content and services through the Internet. With the introduction of new Mozilla-pioeered WebAPIs for hardware operation, next generation smart TVs are capable of monitoring and controlling the devices of the home appliances. (Harris, 2014). Other than that, the manufacturers can create innovative applications across the connected devices by leveraging the flexibility of the web. (First Panasonic Smart TVs powered by Firefox OS Debut Worldwide...
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...types of EC activities Business-to-Business (B2B) An interaction between the business people and other organizations is known as Business-to-Business (B2B). For example www.walmart.com and www.Sams club.com Business-to-consumer (B2C) Business selling to individual shoppers is known as Business-to-consumer (B2C). For example www.Barnes&Nobles.com. E-tailing Online shopping having access to products of interest for the consumers, by visiting their website directly is called E-tailing. For example Amazon, e-Bay. Business-to-Business-to-consumer (B2B2C) Business providing some product or service to a client business that maintains its own customers is known as (B2B2C). Consumer-to-Business (C2B) A consumer uses internet to sell products or services to organizations or individuals seeking sellers, to bid on products or services they need. For example e-Bay. Business-to-employees (B2E) Organization delivers services, information, or products to its individual employees. For example www.asics.com Consumer-to-consumer (C2C) Consumer sells the product directly to other consumer. For example www.craigslist.com List of advantages and disadvantages of Electronic Commerce Advantages - 24/7 services for buying or selling products - Readily available to customers - Easy to manage a business - Faster and user friendly buying/selling procedure - Low operational costs and better quality of services - No need of physical company set-ups for business Disadvantages - No...
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