...to fitness and health.” These wearable bracelets are Bluetooth and wireless, making them compatible with most smartphones allowing the user to better track and monitor their daily activities. This tracking capability is enhanced by downloading applications from the app stores. Eric and James stated that these bracelets help people become more serious about their health, reaching their health goals while having fun, smiling and feeling empowered (fitbit.com). These products can be purchased online or through other online retailers in the United States. Depending on individual fitness needs, the Fitbit offers many features which are highly desirable in a fitness tracker, it is more sleek, attractive and more affordable than its competitors. Fitbit is always working to enhance its full line of award-winning trackers to deliver even more advanced, game-changing features designed to make fitness/activity tracking more intuitive and efficient. (BloombergBusiness.com) Fitbit, Inc. offers eight different wearable products from clip-ons, bracelets and pendants to a scale. The Fitbit bracelet uses a...
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...Contents PIC and target market summary 3 Chartering for Ideation 4 Top 5 Ideas 4 Concept Ideation process 7 Controlled Convergence 8 Positioning statement 10 Product concept 11 Competitive comparison 11 Perceptual map 12 Product design 13 Pricing Strategy 16 Costs 16 Sales Forecast 16 Sales Forecast 17 Profit and Loss Statement 17 Table: Profit and Loss Statement 18 Sensitivity Analysis 18 Margins 18 Break-even Analysis 19 Payback Period 19 Net Present Value of Future Cash Flows 19 Unique selling proposition 20 Launch 20 Fitbit advertisements 20 YouTube Viral video 20 Reebok: Crossfit Games 21 In store/ on ground- gym facilities and sporting events 21 Digital social media 21 Website traffic 21 Google Ad words 22 Feedback 22 Media schedule and messaging 22 Electronic direct mail 22 Stock sale and monitoring 22 Sales statistics 22 Gant media schedule 23 Potholes 24 Call to Action 24 Appendices 1 26 Brainstorming Method 26 The Worst Idea Method 26 Relationship Analysis Method - Multi-dimensional / morphological matrix 27 Problem based approach using Voice of Customer through product reviews 27 Highs 28 Lows 28 Highs 31 Lows 31 Market based ideation 32 Problem Analysis of workout market 32 Attribute ideation Method 33 Appendices 2 34 Appendices 3 36 Executive Summary PIC and target market summary Health is opening up a new revolutionary advances within the industry of wearable...
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...Concept Paper Submitted to Northcentral University Graduate Faculty of the School of XXXXXXXXXXX In Partial Fulfillment of the Requirements for the Degree of DOCTOR OF XXXXXXXXX by NAME Prescott Valley, Arizona Month Year Table of Contents Concept Paper 1 Introduction 3 Statement of the Problem 4 Purpose of the Study 4 Research Questions 4 .Hypotheses 5 Brief Review of the Literature 5 Research Method 6 Data collection 7 The Sponsor Pay Case Study. 9 Measurements and Results 11 Web 2.0 tools in the SponsorPay 11 The impact of Business Capabilities on Performance 12 Conclusions and Further Research 12 Introduction The social media has gained popularity in the recent past and has been used in many companies in their daily activities, ranging from small start-ups to large and medium enterprises (Bell & Loane 2010). Despite the use of this trend on the social media, little has been known on the specific impact on the companies and the business processes performance (Bell & Loane 2010). The purpose of this paper is to list the benefits of social media and its negative impact on the business performance (Bradbury, 2010). The business impact of the social media on management (Bradbury, 2010) on the knowledge management (Barney, 1991) on governance (Brocke & Rosemann, 2010) and on the strategic competitiveness of the companies (Bughin, 2011). This paper concentrates on exploring the social media’s impact and how the organization...
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...Culture is the collection of values, beliefs, behaviors, customs, and attitudes that distinguish a society. Culture is important to companies because it determines the rules within which businesses operate. Culture is a learned behavior that may be transmitted intergenerational or intragenerationally. Culture’s elements are interrelated, and may change to adapt to external forces. Culture is shared by members of a society. ELEMENTS OF CULTURE The basic elements of culture are social structure, language, communication, religion, and values and attitudes. The way in which the elements interact affects the local environment in which international businesses operate Islamic Law (known as Shariah) forbids charging interest. Instead, lenders under Islamic Law may charge “fees” or “rent” to borrowers. Shariah scholars say there is no prohibition against using an interest rate as a benchmark to calculate appropriate fees or rents. Several U.S. lenders (including Freddie Mac and Fannie Mae) are now offering “Islamic home mortgages.” Such mortgages are described in detail in the textbook. The price of the Islamic mortgages tends to be very comparable to the price of traditional mortgages. Values and Attitudes * Values are the principles and standards accepted by members of a society; attitudes encompass the actions, feelings, and thoughts that result from those values. Attitudes about time, authority, education, and rewards reflect an individual’s deep-seated values...
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...these difficulties, the Department of Health & Human Services established the Healthy People 2020 initiative. Healthy People 2020 is an evidence based plan designed to improve the health of our country’s people by reducing preventable health diseases (“About Healthy People”, 2010). The people native to the Hawaiian Islands face roadblocks to healthcare that are uncommon in the rest of the country, and the Healthy People 2020 action plan faces unusual considerations in Hawaii that are not concerns on the mainland (“Hawaii’s Healthy People”, 2012). Hawaii has long been thought of as paradise, with its temperate climate, beautiful beaches and the culture of its native people. While these visions of Hawaii may be true, Hawaii also suffers from exorbitant costs of living, geographically limited healthcare, and the dilution of a culture in which native Hawaiian people had flourished for nearly 1400 years (“A Brief History”, 2000). Even today, tribal medicine is the preferred form of healthcare for many kupunas, the word used to denote an “honored elder” amongst native Hawaiians (Wight, n.d.). In order to understand the healthcare challenges faced today by native Hawaiians, it is important to understand a little of Hawaii’s history. Prior to the late...
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...Online Business Expansion Plan for Clovis Transit A1. Online Business Viability Clovis Transit is a public transportation agency located in the San Joaquin Valley of Central California. Clovis Transit provides two types of transportation – fixed route and paratransit. The fixed route service is called Stageline and runs regular routes throughout the city of Clovis proper and into some portions of the neighboring town, Fresno. The paratransit service is called RoundUp and provides service to disabled residents of the city. Clovis Transit is considered a mid-sized transit agency and provides approximately 300,000 trips per year. The city brands itself in the western motif with the goal of maintaining a small-town feel and personality while still serving a population of just short of 100,000 citizens. Passengers who use Clovis Transit fall into three main categories: low income, student, and disabled riders. These riders are considered “transit dependent” which means they have no other choice for transportation beyond the bus and therefore marketing has remained a low priority. The City of Clovis maintains a website that provides access to all its departments including Transit. The Transit department’s website currently contains basic information about the services offered and various forms and documents that can be downloaded by the user. Because the department serves two distinct customer groups, regular fixed-route transit riders and disabled citizens, there is an opportunity...
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...M ARKETING P LAN D R AP P A A L E S S AN D R O F E R AI L L E J U L I E J AC O B S S É B AS TI E N M AG E R M AN M AR G AU X M O M M E N X AVI E R V AN S NI C K J I M M Y ADVANCED MARKETING – MS. ROTHENBERGER SOLVAY BRUSSELS SCHOOL OF ECONOMICS & MANAGEMENT 2014-2015 T A B L E O F C O N T E NT S 1. 2. Executive summary ................................................................................................................3 Environmental analysis ...........................................................................................................4 2.1. 2.2. Macro-Environmental Factors .......................................................................................4 Micro-Environmental Factors: Industry Analysis...........................................................5 Threat of new entrants –Low Pressure ..................................................................................5 Power of suppliers – Low Pressure.........................................................................................6 Rivalry of existing firms – Medium To High Pressure ............................................................6 Threat of substitute – High Pressure ......................................................................................7 Power of buyers – Low Pressure ............................................................................................7 3. Marketing Strategy ..............................................................
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...competition, product offering and product definition, product identification, justification for choosing this product, and a 10-question survey. Market Needs According to research, young adults are the most attractive segment among marketing consumers both in terms of its size and its multibillion dollar purchasing power (Awan, M. 2014). The youth culture has been held up as the prototypical example of a global segment. They are reported to be the world biggest adopters of mobile technology, but limited research is available regarding segmentation. Therefore, there is a strong need for more segmentation research in the cell phone market, especially among the young adults since this age group is driving the market to new directions and uses. Market Growth According to the Cellular Telephone Industries Association (2012), cell phone usage in the United States has ballooned over the past 15 years with subscriber’s usage averaging 8 times more since 1995. There was 3.8 million subscribers in 1995 with an estimated million 285.6 million in 2010. Also, Ericson, 2010, documented that the Worldwide Quarterly Mobile Phone Tracker, vendors shipped 918.6 million mobile smart-phones last year or 50.1% of the mobile phones total shipment worldwide (Ericson, 2010). The International Data Corporation forecasted that by the end of 2017, there will be over one billion smart-phones shipped worldwide...
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...can be met without further recruitment i.e., by reorganization, redistribution of work, redeployment or ceasing to perform a non-essential/ non value adding work. Attempt should also be made to fill in such vacancies from within by promotion or from amongst personnel in the same company on the nature of the job and the availability of personnel from the stand by employees. b. Job description & personal specification - A job description and the personnel specification should be carefully drawn up by the Line Manager. The job description should contain all the tasks that the post holder may need to carry out in order to fulfil the role and it may also contain behaviours or attitudes that need according to the organizational culture. The Personal Specification should outline both essential and desirable qualities for a post. c. It is also the Line manager's role to identify the purpose of the job, how it fits within the organisation structure, whether of strategic or...
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...quoted in Hollinshead 2010) “Too much emphasis on executives’ technical abilities - too little on cultural skills and family situation”. Baruch (2004) explains expatriates are prone to failure and it is a very risky approach; ‘The use of expatriate employees by organizations in their foreign subsidiaries represents a substantial investment with costs of expatriate failure reaching exorbitant levels ’. When focusing on the theory Trompennaar and Hall both indicate some culture issues that an expatriate may face. There are many reasons as to why an expatriate may not be successful and may return to their home country early this called repatriation, reasons for expats living early could be due to family concerns or the managers or engineers have accepted new position in the company, cultural adjustment challenges, security concerns and also career concerns. There are also number phases that expatriates go through once they are adjusting in there new country. Another fundamental issue could potentially be culture shock. As this is a brand new facility, the MNC can have a more ethnocentric approach however if it was an existing organisation then they could be more polycentric. Despite Britain, Denmark and Spain being in Europe they all differ from each other and they are...
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...Hermes is the UK's leading consumer delivery specialist handling more than 160 million collections and deliveries each year. Hermes has 80 Depots throughout the country and 240 sub depots. Hermes provides a range of flexible and affordable delivery options to home, work, neighbour, safe place or ParcelShop. This multi-channel approach offers a convenient and hassle-free delivery experience that achieves high levels of satisfaction and ultimately creates brand value. Within the UK, Hermes operates a network of nearly 10,000 couriers that provides high-quality doorstep delivery. This flexible, friendly and local approach means that couriers understand the habits and preferences of individual customers, ensuring that up to 95 per cent of parcels are delivered first time. For the past 2 years running the company has received the unrivalled accolade of ECMOD Best Home Delivery Service - an award that is voted for by client side companies for the suppliers that 'really made a difference to their business in the past 12 months'. In Germany, the Hermes Logistik Gruppe (HLG) has become the country's largest independent home delivery service in the Business to Customer and Customer to Customer sectors. Hermes offer different types of delivery and service depending on the client/customer needs here is a list of the list of main services. · Standard –This is a fully tracked service over a 2 to 3 day delivery, with first time rate at 94%. This can be tracked online with a unique...
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...Organizational Management in a Contract Research Organization Susan Green Management 330: Management for Organizations Instructor Jeffry Otterstetter July 2, 2012 Organizational Management in a Contract Research Organization For the past seven years I have been employed by an organization that is recognized, globally, as a leader within the industry. We are a contract research organization – a company hired by various biotech and pharmaceutical companies to maximize returns on their Research and Development (R&D) investments through the management of clinical trials. In order to maintain the status of a global leader in our industry we must deliver consistent quality and execution, exceptional customer-aligned service and constant innovation – none of which can be successfully delivered without exceptional organizational management. There are multiple facets of our organization that must come together to ultimately deliver to the expectations of our clients, and effective management through planning/organizing, staffing, leading, and control are key to our continued success. In this paper I will discuss these concepts and, specifically, how they are implemented within our company. The planning and organizing functions within an organization serve, perhaps, the most important purpose – determining the goals of the company and how to achieve them. An organizational plan is ever evolving as a result of the assessment of internal strengths and weakness...
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...It is often said, “Necessity is the mother of invention”. The necessity may arise from world events, legislation, economic circumstances, and sometimes a combination of all these things. The “inventions” that stem from these necessities do not end once the original need is met. They continue to gain momentum and often change the world, as we know it. The entities that make up the Vanderbilt Hospital system are examples of this necessity driven innovation. In 1928, the first Pediatrics wing was created at Vanderbilt hospital. At the apex of the Second World War, the South was a more agrarian culture that relied on the harvesting of crops to provide food for their families. Due to the amount of nitrates provided in the fertilizer used to assist in crop growth, a disorder known as Methemoglobinemia or Blue Baby Syndrome developed in children. According to Zieve, (2014), “Methemoglobinemia is a blood disorder in which abnormal amounts of methemoglobin—a form of hemoglobin—is produced.” This disorder caused the babies' skin to have a blue pallor caused by the lack of bonded oxygenated blood in their circulation. This condition was treatable by administering supplemental oxygen and methylene blue. This was not the only Blue Baby Syndrome that had occurred in the South. Dr. Helen Taussig, who was appointed head of the Children’s Heart Clinic at John Hopkins Hospital's pediatric unit in 1930, had also encountered a case of “blue baby” syndrome during this same time (“Changing the Face...
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...organisational objectives, both short and long term. Organisational Development - a systematic approach to improving organisational effectiveness, e.g. one that aligns strategy, people and processes. Resourcing and Talent Planning - ensure the organisation is able to identify and attract key people with capabilities to create competitive advantage, and that it actively manages an appropriate balance of resource to meet changing needs, fulfilling the short and long term ambitions of the strategy. Learning and Development - Ensuring people at all levels of the organisation possess and develop skills, knowledge and experiences to fulfil short and long term ambitions of the organisation. Performance and Reward - builds a high-performance culture by delivering...
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...Introduction In today’s world competitive advantage in the business comes not only from the infrastructure setup of the business but from the people who run them. If you’re dealing with the people problems and can’t concentrate properly on running things, your business could suffer. Emergence of different homogeneous sectors in various business clearly indicate huge requirement of proper management of mass human capital with special respect to young and frontline manpower. Effective human resource management in this challenging environment requires professionals with competencies in a variety of specialized areas and functions, who will work together in partnership with line management to develop, implement and monitor human resources strategies, policies and programs. HR Zone is basically a “One Stop Shop” for especially Professional Training & Development and all of your HR related enquiries with ample information on HR articles, definitions, updates regarding policies changes and other services that HR Zone offers. However, the HR Zone is to provide all Corporate and HR professionals with up to date practical information, training resources, advice, reports, assignments, HR glossary guidelines and tools that can be used when dealing with day-to-day issues of Human Resource Management. In fact, it is really easy to gather all the right information at the right time and right format. HR Consultancy Firm: HR consulting firms are available around the world and are designed...
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