...Customer Payments As Integrated Leadership Systems (ILS) expands globally it is important to provide a universal store, shopping cart and payment methods. In order for online transactions to happen on integratedleader.com, there will be a separate webpage where clients can view products available online and add them to their shopping cart. From the shopping cart, ILS will then be able to use PayPal to process customers’ payments. Online Store From the homepage, ILS will have a link to the online store. As ILS is using the website and online store to draw attention to the services they offer, it is best to keep this process as simple as possible. In order to achieve this, ILS can use integrate features within PayPal for customers to add items to a virtual cart which is supported through PayPal. Once a customer is ready to pay for their items, they can check out by logging into their PayPal account. By logging into their account, the customer will have an option to pay using a balance in their PayPal account, a debit or credit card on file, or even submit a payment from their bank account. If the customer does not have a PayPal account, PayPal also supports customers to check out as a guest with a debit or credit card. This will allow PayPal to process the payment without requiring the customer to create a PayPal account. I have selected for ILS to use PayPal to process payments as it is the ideal payment globally. PayPal currently has 143 million active buyers who use...
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...Carolina Herrera is a luxury clothing brand that offers a variety of high quality apparel. They are expanding globally and originated in Galicia, Spain. They are headquartered in Galicia because that area has turned into centralized location for the fashion industry. CH is the flagship . Carolina Herrera signed a licensing agreement with STL. The purpose of the licensing agreement was to allow CH to expand globally and rapidly. They began in Spain because of Carolina’s background. From there, they wanted to expand globally due to the market potential. They went to New York and Paris, because of the importance of purchasing power and the idea that they will be considered a luxury brand if they are located in those places. In addition, they expanded to Miami because of the Spanish culture. From there, they were able to expand into Mexico due to the NAFTA agreement between the United States and Mexico. Lastly, they targeted to enter into Asia and the Middle East for further growth opportunities and begin in Venezuela to target South America. The company changed its management model to better grasp individual market demographics and to establish a more concentrated market strategy within each region. To be successful, it was important for CH to understand the demand of each individual country. In addition, it was very important for CH to be well organized and vertically integrated. This would allow them to provide different values of the chain in one Carolina Herrera wanted...
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...6. Is government regulation affecting this sector? a) At the federal, state or local level? What specific policies effect this sector and how? b) How is the sector responding? Companies engaged in the design, production or distribution of products or services for the consumer discretionary sector are subject to the risk that their products or services may become outdated quickly. The consumer discretionary sector can be significantly affected by several factors, including, the performance of domestic and international economies, exchange rates, changing consumer tastes and trends, marketing campaigns, revenue generation, consumer confidence, commodity price volatility, labor relations, interest rates, import and export controls, intense competition, technological developments and government regulation. “Risks of Investing in the Consumer Discretionary Sector” [1] Government regulations within the sector vary depending on the company, for example for the car industry seat belts, air bags and crash-test standards have all left their mark on car design. And as automakers sell more cars globally, they also have to consider European and Asian regulations. Pedestrian protection standards in Europe, for example, require that cars be made to hit the upper and lower body at the same time, so a victim is more likely to bounce onto the hood. That forces designers to include tall, chunky bumpers, like those on the Jetta and the Ford Focus. Also Government fuel economy standards are...
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...and standards of the company. There are a few things a leaders must know and show in order to encourage others to achieve higher levels of work. Many of the things leaders have to do does not come as a natural thing to them however it is acquired through much continued studying and hard work. Having the will power and desire can help a individual become an successful leader. Northouse describes leadership as a process whereby an individual influences a group of individuals to achieve a common goal. Defining leadership as a process means that it is not a trait or characteristic that resides in the leader, but rather a transactional event that occurs between the leader and the followers. Leadership involves influence. It is concerned with how the leader affects followers. Leadership occurs in groups. Groups are the context in which leadership takes place. Leadership involves influencing a group of individuals who have a common purpose. Leadership is about one individual influencing a group of others to accomplish there common goals. Attention to common goals also includes leadership. Leaders direct their energies toward individuals who are trying to achieve something together (Northouse, pg.3). A successful leader knows what things leads to failure also what it takes to lead to success. Cognitive, project management, interpersonal, political, and technical skills are all skills of an effective leadership. A leader must be socially integrate and able to envision and organize in...
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...everyday operational activities needed, such as staffing or production. The alcohol business is also subject to government regulations. Changes in these may impact who Lagunitas can serve, where the beer can be sold and how it can be sold. This month, Heineken has taken a 50% stake in Lagunitas and Lagunitas wants to use this opportunity to help them...
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...Introduction The vision and strategic planning of owner of the Cardboard Box Company Peter Street has been successful to turn CBC into a profitable business without prior experience with the industry. The revenue of the business surged since he was in charge about 15 years ago with the new capital he invested for the company in order to provide high quality packaging service in a competitive market. The company is also innovative with unique selling point of 24 hours delivery as well as having new model of machinery allow the company to take complex orders which makes it a high regarded firm. Although CBC has already got established network overseas with overseas clients, the firm is looking for further expansion and transforming the company on a global platform. In order to expand globally, careful planning and strategic analysis is needed to carry out to foresee potential opportunities and risks as the implications not only may affect on a global level but also has influence on the domestic market. There are three types of global strategy to be applied in general which is international strategy, multinational strategy and global strategy which is useful to distinguish from company’s resources, capabilities and current global position. Strategic analysis of expansion to new market There are a few basic steps to be carried out in order to profoundly write a comprehensive strategic analysis. First thing first, a concise goal has to be set in order to help to guide the effort into...
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...According the Merriam Webster dictionary, being aware is defined as “having or showing realization, perception, or knowledge". The globally aware person has the knowledge, competencies, values, and dispositions to act in an informed manner, demonstrate empathy, engage in effective intergroup communication, and build community across social, cultural, political, environmental, geographic, and economic boundaries. My mother and I immigrated to the United States from Peru. The fact that we were not born here leads me to understand the global implications of a saying, or a song or even a joke. Further enforcing my understanding of global awareness is my Step-Father. He is in the US Army and works in Army Acquisitions Foreign Military Sales. I see him work with a multitude of foreign governments which help me understand that we are in a global economy and when something happens in the world it can and most likely will affect the global economy. It is important for me to develop myself as a professional and as an individual with awareness or knowledge of how my actions will affect my future, the future of others, my community, country and ultimately the entire planet. I believe that the more aware we become, the less we will be subject of behaving in a way that will negatively affect others. You do not have to look to far in history to see how an offensive video is affecting the world as a whole. This is a skill that if a person wants to pursue a career in the Business...
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...already be a major player in, but not a very attractive industry to try and break into. The industry can be characterized by high rivalry from competitors who compete on the same services with very little differentiation, medium power from suppliers who supply the resources necessary to run the business, high buyer power because customers can basically find an equal service from any firm in the industry, low substitution threat from other means of shipping transportation, and low threat of new entrants due to the high initial capital outlay and need of management experience. In this analysis, we will delve deeper into each of the dynamics within Porter’s 5 Forces to form an opinion of why the industry is attractive to be in and then discuss how competition greatly increased during 1988-1989. In the air express industry, where customers can ship their packages over long distances via airplane, there is high rivalry because the firms competing in the industry all do the same service. Since there is little differentiation between firms, each firm must battle for customers by either providing better or new services, integrating new competencies into their business processes, or doing business at a low price to create bigger economies to scale which will then cut down operating costs. Firms who want to compete provide aggressive products like next day delivery; integrate new business practices like owning and operating a fleet of jets with company employees; or undercut the competition...
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...management, planning, organizing, leading, and controlling. The SWOTT analysis builds over time, allowing for further analysis of the company and economic needs. Samsung uses SWOTT analysis to further expand their reach globally, while quickly become one of the leading companies in technology, appliances, and home entertainment. Strengths Samsung’s strengths include record-breaking standings in the global electronic industry, leading information technology, and as a global work place. In 2012, Samsung Electronics set a record in the electronics industry by achieving annual sales of $201 trillion and annual operating profits of $29 trillion (Pepitone, 2013Citation). Profits this large allow Samsung to invest in future products, and new markets. Samsung continues to have global success in their electronics division, with the strong sales of TVs and displays, which rank number one in sales across the world. By keeping pace with the need for increased globalization, Samsung is “continually evolving to create a workplace for diverse populations around the world” (“Samsung”, 2013). Diversity in the workplace allows for not only talented employees with diverse skills sets but also a diverse cultural experience, allowing for the development of products to meet the needs of many different types of individuals. Weakness Despite Samsung’s growing business globally, they show their vulnerability and weakness through patent infringement,...
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...high quality products at a level of customer satisfaction at every location. Loblaw’s has transformed the persona of a general grocery store to a superstore with all the necessities for their customers. With such drastic changes and new implementations Loblaw’s success in Canada is correlated to their innovated ways to attract their customers. But there is always room for improvement, especially in a market where new entrants are low but large companies can overwhelm. There are three major issues that Loblaw’s can address to further succeed in this industry. Firstly, Loblaw’s is lacking global presence, by narrowing their market strictly in Canada. Secondly, the Loblaw’s competition is growing fierce in such a small market like Canada, and larger global corporations are infiltrating this market. Loblaw’s need’s to continue their industry leading dominance in this market. Lastly, Loblaw’s methods of innovating their technology has been industry leading, but how are they going to remain on top and evolve their technology to retain market share and maintain desire...
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...Case Questions: 1. How specifically do the distinctive features of Zara’s business model affect its operating economics? The main concepts that can be taken away from Zara’s business model, which directly affect its operating economics, is low cost, high control, and quick turnaround. Zara is just one of six retail stores operated by, Inditex, the parent company. Inditex owns Comditel, a subsidiary, which manages the dyeing, patterning, and finishing of gray fabric and supplied finished fabric to external as well as in-house manufacturers. By owning this company, Zara is able to maintain low cost production while being able to finish fabric in a week. Zara has the ability to obtain its main raw materials as well as the final product from external suppliers. With company having purchasing offices in Hong Kong and Barcelona, it gives them a considerable advantage with regards to their cost of goods sold as they can choose where to purchase based on the given prices. Considering how low the cost of labor is becoming in China, Zara may want to focus on buying more from China further reducing their cost of goods sold. Also, the current structure of the distribution warehouse allows for just-in-time production as they are closely connected with the retail stores. Using the sales information recorded by the stores, Zara is better able to recognize the customer’s needs and therefore can react quicker to their demands. With frequent shipments to the stores to restock...
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...employment and citizenship. Preparing offenders to successfully transition into communities. Providing quality health care and promoting healthy lifestyles. Providing greater opportunity for citizens globally through economic and...
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...minerals, and we’ve publicly released a list of smelters and refiners in our supply chain to promote transparency (Corporate Responsibility, 2014). The Beats Electronics acquisition brings an electronic company that specializes in headphones and speaker technology. Beats Audio is the technology behind the brand. The brains behind the brain of Beats is Jimmy Iovine and Andre Young, AKA Dr. Dre. The acquisition may prove to be a natural transition for the company. Beats Electronics have had their products included automobiles and computers. So the move to Apple is not a move that was completed without thought and merit. This paper will discuss the acquisition of Beats Electronics by Apple, INC. With most corporations seeking to expand globally, this paper will also discuss the National Football League (NFL) a company that operates solely in the United States. For the corporation that has acquired another company,...
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...Global Expansion Corporations have the capabilities to become virtual type organizations due to today’s technological advances. This is rapidly changing the organization’s environment and enabling them to expand into global markets to enhance their competitive interdependencies. Companies such as Halcyon understand that the world’s economy is becoming more globalized providing companies an advantage to expand into foreign markets. Halcyon Fields is a leading producer of organic yogurt and dairy products in the United States and is looking to expand operations internationally. They are not only looking to expand and grow internationally as a producer of organic dairy products, Halcyon Fields wants to also use their companie’s values as an example to other companies to show that being socially and eco-friendly be profitable as well. Strategic alliance and joint ventures are two popular global strategies that are being proposed to form multinational firms and partnerships. These global strategies would provide Halcyon Fields a strong platform for international expansion. Halcyon Fields would greatly gain from partnering with companies abroad that share their common interest and have a good contact and reputation in their local markets. This collaboration whether it is a strategic alliance or an international joint venture with a local company in the countries Halcyon Fields wants to access will enable them to leverage their reputation, skills, knowledge, and experience...
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...learned from his village to the home furnishing market. Nowadays, IKEA’s vision is “to create a better everyday life for the many people by offering a wide-range of well designed, functional home furnishing products at low prices so as many people as possible will be able to afford them”. IKEA had a turnover of 26 billion Euros in 2011 and is present in 35 countries with more than 300 stores. PROBLEM DEFINITION IKEA had faced only successes when expanded from Swedish market in other European countries. The first attempt was in 1973 in Switzerland, followed by Germany in 1974. Since then it expanded across much of Europe with very good results. The issue raised in this case is how a giant like IKEA with a success story all over Europe tries to enter vast markets like the one in USA. So, the problem is how to sustain the corporate culture and brand identity together with the existing cost structure when entering new big markets with the attitude of “feet first”. At the same time, make the next leap in creating customer value and create relationships between the corporate global brand and the local market level activities that is essential for a market driven approach. As a consequence, when IKEA expanded in USA the following symptoms emerged: - Store layout and number of cashiers led to long queues - Supply chain model...
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