...Crowdsourcing: A better mousetrap or another trick? The art of gathering information for a prospective product has long been a tedious task of advertisers, manufactures, and entertainment producers since the inception of advertising. It was realized that if a company could figure out what consumers wanted or needed they could tailor their products or services to them and save money from making things no one wanted. However, to do this, companies or advertisers would have to gather large groups of people together and present the products or services and gather feedback from those people. While this was the model for decades, and still is the primary method of gathering information, there is a new and possibly better way to present new ideas and gather even more data. It’s called “Crowdsourcing.” The old way of handling focus groups would see a company gather as many as 500 people to get their opinions, but now with crowdsourcing that same company can get opinions from hundreds of thousands if not millions of people. As discussed in the article in chapter 13, the company ModCloth.com is using crowdsourcing to decide which products it will sell. (Evans, Martin, & Poatsy, 2014) By doing this, they are able to keep their inventory down to only those products that will most likely sell, rather than having a large inventory that may move very slowly, thus increasing overhead. Using the old method of gathering the opinions of the public, companies had to factor in one consideration...
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...zeng@email.arizona.edu Harnessing the Crowdsourcing Power of Social Media for Disaster Relief Huiji Gao and Geoffrey Barbier, Arizona State University Rebecca Goolsby, US Office of Naval Research S ocial media has recently played a critical role in natural disasters as an informa- tion propagator that can be leveraged for disaster relief. After the catastrophic Haiti earthquake on 12 January 2010, people published numerous texts and photos about their personal experiences during the earthquake via social media sites such as Twitter, Flickr, Facebook, and blogs, and videos were posted on YouTube. In just 48 hours, the Red Cross received US$8 million in donations directly from texts,1 which exemplifies one benefit of the powerful propagation capability of social media sites. Survivors also use social media sites to keep in touch with the world after a disaster. The jammed mobile phone network in Japan caused by the recent tsunami and earthquake made it difficult for people to communicate with each other. In response, they used Twitter, Facebook, Skype, and local Japanese social networks to communicate and keep in touch with their loved ones.2 Although social media can positively impact disaster relief efforts, it does not provide an inherent coordination capability for easily coordinating and sharing information, resources, and plans among disparate relief organizations. Nevertheless, crowdsourcing applications based on social media applications...
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...Viability of Product Maria Latino Produce is a specialty grocery store that targets Latino immigrants in the Southern California area. The business currently has a website that provides general information about the products carried by the store as well as prices of such produce. The owner indicated to me that occasionally it ships produce to customers in other Western states like Utah and Nevada. In such instances customers call the store by telephone to place the order. The website has no platform for online distribution. The store carries fresh yams and plantains shipped from Africa, as well as dried and canned goods, like egusi, yam and cassava flour, gari and fufu. The web address is www.mariaproduce.com As the Latino immigrant population in the United States has grown so has the growth of the various markets that serves the needs of this ethnic group While there are many variations in foods eaten in most Latino countries there are commonalities among immigrants from the four main regions of Africa: north, south, east and west. Most Latino grocery markets are operating in a brick and mortar fashion with no online presence. Substantial number of these stores has no websites. The few who have websites do not offer customers an online purchasing opportunity. To the extent that Latino ethnic markets continue to show growth, business owners could explore innovative ways of meeting the needs of their customers. Online marketing presents a great opportunity for this purpose...
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...A newspaper (often just called a paper when the context is clear) is a periodical publication containing news, other informative articles (listed below), and usually advertising. A newspaper is usually printed on relatively inexpensive, low-grade paper such as newsprint. The news organizations that publish newspapers are themselves often metonymically called newspapers. Most newspapers now publish online as well as in print. The online versions are called online newspapers or news sites. Newspapers are typically published daily or weekly. News magazines are also weekly, but they have a magazine format. General-interest newspapers typically publish news articles and feature articles on national and international news as well as local news. The news includes political events and personalities, business and finance, crime, severe weather, and natural disasters; health and medicine, science, and technology; sports; and entertainment, society, food and cooking, clothing and home fashion, and the arts. Typically the paper is divided into sections for each of those major groupings (labeled A, B, C, and so on, with pagination prefixes yielding page numbers A1-A20, B1-B20, C1-C20, and so on). Most traditional papers also feature an editorial page containing editorials written by an editor, op-eds written by guest writers, and columns that express the personal opinions of columnists, usually offering analysis and synthesis that attempts to translate the raw data of the news into information...
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...SPOTIFY An Analysis of Spotify’s Market Strategies Spotify Spotify AN ANALYSIS OF SPOTIFY’S STRATEGY Spotify is a Swedish online music streaming service that was launched in 2008. Since, its launch Spotify has had a meteoric rise and currently boasts a library of around 15 million music tracks and about 20 million users. Though Spotify still lags behind Pandora, the market leader, it is interesting to understand how Spotify managed to succeed in the competitive music streaming industry. The following report will start off by giving a brief overview of the music industry, Spotify’s features and the competition Spotify faces. We will then analyze how Spotify managed to succeed in the competitive music streaming industry. Finally, we will discuss the risks Spotify faces and future strategies it could undertake in continuing its success in the online music streaming industry. DIGITAL MUSIC INDUSTRY The digital music industry can be divided into two submarkets: the streaming market with numerous competitors and the digital download market dominated by iTunes and Amazon. Digital music industry revenues have grown by 8% in 2011 reaching a valuation of $5.2 billion. Currently the streaming market only generates 10% of digital music industry revenue but the growth rate of this market is greater than the growth rate of the download market. Competition within the streaming industry is very strong as many companies operate in this market with similar business models. Companies...
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...SPOTIFY An Analysis of Spotify’s Market Strategies Spotify Spotify AN ANALYSIS OF SPOTIFY’S STRATEGY Spotify is a Swedish online music streaming service that was launched in 2008. Since, its launch Spotify has had a meteoric rise and currently boasts a library of around 15 million music tracks and about 20 million users. Though Spotify still lags behind Pandora, the market leader, it is interesting to understand how Spotify managed to succeed in the competitive music streaming industry. The following report will start off by giving a brief overview of the music industry, Spotify’s features and the competition Spotify faces. We will then analyze how Spotify managed to succeed in the competitive music streaming industry. Finally, we will discuss the risks Spotify faces and future strategies it could undertake in continuing its success in the online music streaming industry. DIGITAL MUSIC INDUSTRY The digital music industry can be divided into two submarkets: the streaming market with numerous competitors and the digital download market dominated by iTunes and Amazon. Digital music industry revenues have grown by 8% in 2011 reaching a valuation of $5.2 billion. Currently the streaming market only generates 10% of digital music industry revenue but the growth rate of this market is greater than the growth rate of the download market. Competition within the streaming industry is very strong as many companies operate in this market with similar business models. Companies...
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...Roman G. Fall 2012 bsat 303: Final Exam Study Guide Note: The study guide should be used along with the classroom lectures I posted to Moodle, your personal notes from my lectures, and the information found within the chapters. HTML (Basic knowledge and example code) o Tags, Hyperlinks, Emails, Images o o Hyperlink Visit MTV o HTML – the language you use to create a Web site To insert an image Steps in Decision Support Systems o Decision support system (DSS) – a highly flexible and interactive system that is designed to support decision making when the problem is not structured o Decision support systems help you analyze, but you must know how to solve the problem, and how to use the results of the analysis o o Model management component – consists of both the DSS models and the model management system o Data management component – stores and maintains the information that you want your DSS to use o User interface management component – allows you to communicate with the DSS Types of Decisions (Structured, Nonstructured, Recurring, Nonrecurring) o Structured decision – processing a certain information in a specified way so that you will always get the right answer o Nonstructured decision – one for which there may be several “right” answers, without a sure way to get the right answer o Recurring decision – happens repeatedly o Nonrecurring (ad hoc) decision – one you make infrequently Artificial Intelligence, Geographic...
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...[4] reach, frequency, usability, immediacy, and permanence.[5] There are many effects that stem from internet usage. According to Nielsen, internet users continue to spend more time with social media sites than any other type of site. At the same time, the total time spent on social media in the U.S. across PC and mobile devices increased by 37 percent to 121 billion minutes in July 2012 compared to 88 billion minutes in July 2011 Social media technologies take on many different forms including magazines, Internet forums, weblogs, social blogs, microblogging, wikis, social networks,podcasts, photographs or pictures, video, rating and social bookmarking Technologies include: blogs, picture-sharing, vlogs, wall-postings, music-sharing,crowdsourcing and voice over IP, to name a few. Many of these services can be integrated via social network aggregation platforms. By applying a...
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...Pepsi nuts over new nut snack Chaitali Chakravarty, ET TEAM Nov 21, 2001, 10.02pm IST enthused by the profits that fritolay has generated, parent pepsi, is adding more to its snackfood subsidiary. the company is set to roll out a new nut-based snack, nutyumz, nationally. also, plans are afoot to eventually drop lehar from the lehar kurkure brand. sources said that lehar kurkure has been earning a substantial amount for fritolay (it accounts for more than one-third of its total turnover) and it is about time to market it under the kurkure brand alone. sources said that nutyumz will be launched in different flavours. the brand has been innovated for the indian market alone. besides india, mexico is the only other market where pepsi is selling nut-based snacks under a different brand name. in india, nutyumz will be manufactured in the company-owned plant in pune. the fritolay spokesperson confirmed the launch of new brand. sources said pepsi is gung-ho about fritolay as the subsidiary has been making some money, it ended the year 2000 with a rs 4 crore profit, up from rs 3.04 crore earned in the year ending 1999. pepsi's idea is to create new categories to suit indian tastes and pump up the profit figures by at least rs 2 crore by the end of 2002. sources said that after pepsi acquired uncle chipps, it got within its fold an entire constituency. lays and uncle chipps together earn the maximum (around 50 per cent) for fritolay, while cheetos and lehar namkeen are still on the...
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...2014-2015 Edition 30 How to Reference using the Harvard System The Harvard System (also called the Author - Date System) is the preferred referencing method for most LSBU departments. Other referencing styles include APA (Psychology), OSCOLA (Law) and Numeric (Electrical Engineering). If you’re not sure which style to follow, please check your module guides or speak to your lecturers. If you look at other Harvard Referencing guides available in print or online, you may notice variation between them. The important thing is to be consistent and to follow any specific instructions from your lecturers. Contents 1. Why do we need to reference? ............................................................................................................ 3 2. The two stages of the Harvard system ................................................................................................. 3 2.1 In-text citation............................................................................................................................... 3 2.2 Reference list ................................................................................................................................ 3 3. Citing references within the text .......................................................................................................... 3 3.1 Work by a corporate author ..........................................................................................................
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...A PROJECT REPORT ON “DNA NEWSPAPER’S PRINTING AND DISTRIBUTION” A PROJECT REPORT SUBMITTED TO THE UNIVERSITY OF MUMBAI FOR THE DEGREE OF BACHELOR OF MANAGEMENT STUDIES [VTH SEM] UNDER THE GUIDANCE OF: PROF. CHETAN JIWANI SUBMITTED BY: HARSHADA.N.BHANUSHALI K.J.SOMAIYA COLLEGE OF SCIENCE AND COMMERCE (Autonomous) Reaccredited by NAAC with Grade A (VIDYANAGAR, VIDYAVIHAR, MUMBAI – 400 077) (Affiliated by University of Mumbai) DECLARATION I , Harshada Narendra Bhanushali, Roll no.25 of “K.J.Somaiya College of Science & Commerce”, of course T.Y.B.M.S. [Sem V] hereby declare that I have completed my project, titled “DNA NEWSPAPER’S PRINTING AND DISTRIBUTION” , in the academic year 2012-2013. Wherever the data\information have been taken from any book or their sources, the same have been mentioned in bibliography & wibliography. The information is submitted is true and original to the best of my knowledge. HARSHADA NARENDRA BHANUSHALI ROLL NO 25 ACKNOWLEDGEMENT I hereby express my heartiest thanks to all sources who have contributed to the making of this project. I oblige thanks to all those who have supported, provided their valuable guidance and helped for the accomplishment of this project. I also extent...
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...Marketing 4 ontwikkelingen convergentie (samensmelting tussen verschillende branches) INTEGRATIE VAN: * informatie- en communicatiesector mobiele telefoon, dvd * infrastructuren vaste en draadloze netwerken * media- en entertainmentindustrie dagblad “DAG”; Luisterboeken; TV, radio, film en video, games, muziek, dagbladen, tijdschriften en boeken * media- en entertainmentindustrie en de creatieve economie on-line presentatie aanbod digitale informatie; digitaal loket van de overheid/gemeente, digiD, RabobankMobiel, SMS-alertdiensten ------------------------------------------------- KNELPUNTEN: Rechten en Piraterij MESO-OMGEVING Globalisering / internationalisatie: Internationalisering: Met je product naar het buitenland gaan. Samenwerken en -leven met anderstaligen, een buitenlandse afzetmarkt verkennen, of op de hoogte blijven van trends binnen je vakgebied; steeds vaker moeten burgers over de grens kijken. Voor alle leerlingen en studenten is internationalisering van belang, of ze nu buitenNederland de arbeidsmarkt op gaan of hier blijven. De raad is voorstander van een sterkere internationale oriëntatie in het onderwijs. Globalisering: luchtvervuiling, kredietcrisis, hoe spelen we hier op in? Markt wordt transparanter. Niet beinvloedbare omgevingsfactoren. Orkanen, stormen. Globalisering is een moeilijk te omschrijven begrip. Het is eigenlijk een proces van wereldwijde interactie tussen mensen, bedrijven, regeringen en culturen gedreven door de...
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...TUGAS MATA KULIAH MANAGING CORPORATE INFORMATION SYSTEM AND TECHNOLOGY DOSEN Andre M. R. Wajong, Ir., MBA Topik : “Penggunaan konsep Internet of Things dalam membantu Technopreneur menciptakan Business Model” Nama : Aries Dimas Yudhistira NIM : 1412403002 GRADUATED PROGRAM – MAGISTER MANAGEMENT INFORMATION SYSTEM FAKULTAS ILMU KOMPUTER – BINUS UNIVERSITY JAKARTA 2014 Abstract : Banyaknya Ide Business Model yang diciptakan karena Peran IT . Ide Business Model baru ini diciptakan dan dikembangkan oleh Technopreneur sebagai Business Model yang di implementasikan pada perusahaannya. Namun , Calon Technopreneurship belum mengetahui secara mendalam untuk memulai menjadi Technopreneurship , serta akan memakai Business Model apa. Calon Technopreneurship ragu untuk memulai menjadi Technopreneurship dikarenakan mereka tidak mengerti tentang bisnis. Kebanyakan dari mereka adalah kalangan yang mengerti tentang IT atau secara garis besar mengerti tentang teknis IT. Untuk memulai menjadi Technopreneur dan menciptakan Business Model baru untuk perusahaan kita kelak , maka diperlukannya konsep Internet of Things ( IoT ) . Konsep ini sangat membantu dalam memulai sebuah bisnis berbasis IT . baik untuk menciptakan Business Model baru maupun memodifikasi Business Model yang sudah ada . kita dapat belajar dari para Technopreneur dalam menggunakan konsep Internet of Things sebagai modal awal pembentukan Ide tentang Business Model yang mereka jalankan. Kata Kunci...
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...Chapter 2 Winning Customers and Competing Effectively 1. The five internal performance objectives analysed further by Neely (2008) are cost, quality, flexibility, dependability and speed. 2. Value added is an activity carried out by an organization that increases the worth of a product or service and for which a customer is willing to pay an additional price. An example would be the provision of 'Fairtrade' or organic foods where there is a perceived ethical and social benefit which customers are prepared to pay for. 3. The ability to change a product or service offering to suit customers' needs is called flexibility. 4. The ability of an organization to consistently meet its promises to the customer is called dependability. 5. Designing a set of sales and profit targets for a particular product is known as category management which is a strategic management approach through trade partnerships to satisfy consumer and shoppers' needs. 6. Consumer market segmentation can be divided into four categories, geographic, demographic, behavioural and psychographic. Chapter 3 Operations Processes and Life Cycles 1. In the craft era the 3 types of operations process were job shop, batch process and simple project. 2. In the mass production era the 4 types of operations process were complex project, batch production, assembly line and continuous flow process. 3. In a materials processing operation, the process which is associated with the highest variety is the project...
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...Running head: DIGITAL FREEDOM FIGHTERS Digital Freedom Fighters: Defending Free Speech in the 21st Century Abstract Many forms of speech have been contested over the course of time with many being banned, but comic books have been the target of many critics over the 75 year time span of publication. The First Amendment of the United States Constitution guarantees that free speech should not be impeded. Many organizations, including the Comic Book Legal Defense Fund, are continuing the legal battle of insuring the right of free speech remains unencumbered. Digital Freedom Fighters: Defending Free Speech in the 21st Century Introduction Comic books have been published for over 75 years with a varied subject matter including superhumans, gods, soldiers, historical events and animals. Originally conceived as a child’s reading fodder, comics have evolved beyond the original audience. A recent study found that over 98% of comic book readers are over the age of 18. (Pantozzi, 2012) No longer an art form exclusively for children, comics have been the target of many censorship attacks. With the advent of 21st century technology, comic books have evolved and the criticisms have evolved with them. Newer challenges to this form of speech can sometimes be overwhelming, but there are many organizations which are focused on protecting these freedoms. These are the digital freedom fighters. They are a safeguard against...
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