...lower the demand of the product; in which the product will not sell. Both of these are important to the economy because the consumer would have a option of how much money they would want to spend, and how effective the product is. A great example of complementary is a cell phone and its mobile applications available. To be more specific, the application iTunes is a complementary item for the iPhone6. Essentially, the iPhone6 lowered the price on the application iTunes and raised the demand of the iPhone6. This can also be said for the iPad and its applications available. Substituted good are items that could be swapped with each other to still fulfill the wanted need. If the price of one good increases and a similar good stays the say the demand of the quantity of the good that stayed the same will rise. For example, if the price on breath mints rose substantially, the increase demand on gum will possibly will rise. Goods that are substituted need to efficiently complement each other. It would not be efficient to purchase iPhone6 application and trade the iPhone6 for another application. There will be no use for the application with no...
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...buy a Big Mac price of $ 2.61, which is located in the middle and lower purchase levels. The first decade of 1978 after China started economic reforms aimed at foreign direct investment in China's main business is to establish an export base in China. While this Chinese "reform and opening" initially helpful, but such investments often only have a very low value. For example, in 2009 a study found that, despite the world's most successful consumer products every iPod are manufactured in China, but China has only gained 2% from OEM margins. So now most of Apple's production is done in China. According to the "Henan Business Daily" reported on September 11, reporters from the China Southern Henan Branch confirmed that weighs 93 tons of iPhone6 has been shipped to Chicago in two batches. China...
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...will provide hardware repair and support coverage for two years starting from the original purchase date. After carefully reviewing your information and history with the Apple products you have purchased, we find that your Apple Care warranty has expired on August 20th of this year. Had you made your warranty request prior to the deadline date, we would have gratefully replaced your iPhone5 with a brand new one. Unfortunately, however we were notified that your two year contract has expired, so we recommend that you take advantage of the opportunity to purchase the new iPhone6 for the reduced cost of $199. We, the Apple Care Support Team are very grateful for you being a loyal customer to Apple and always making payments in a prompt way. We value and respect you for understanding and accepting our Apple Care Insurance plan and hope that you take our advice in purchasing the new and improved designed iPhone6. Sincerely, John Smith John Smith Apple Care Support...
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...ericka MGMT305-DB unit1 January 5, 2014 While information systems has one meaning, it can be used in different ways for companies to keep a competitive edge on the marketplace. Compare and Contrast two distinctly different organizations on how they use information systems in their organizations. Include in your post the following: Information systems are the software and hardware systems that support data-intensive applications in the organization. http://www.journals.elsevier.com/information-systems/ * Research the 4 competitive strategies and briefly describe them. 4 competitive strategies chosen are: 1.-Cost Leadership Strategy: It is to produce products and/or services at the lowest cost in the industry. It achieves cost leadership by carefully buying practices, efficient business processes, forcing up the pricespaid by competitiors and helping customer or suppliers reduce their costs. 2.- Differentiation Strategy: it offers different products, services, or product features. By doing this, they can charge higher prices; sell more products, or both. 3.- Niche Strategy: is to select a narrow-scope segment (a niche market) and be the best in quality, speed or cost in that market. 4.- Customer-orientation Strategy: is where they concentrate on making customers happy. Customer is #1 is the basis of this strategy. Web-based systems that support customer relationship management are especially effective in this area because they can provide a personalized...
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...What information should one be required to divulge about one's self to others? Under what conditions? What information should one be able to keep strictly to one's self? When can details of one’s life be exposed to the world without saying that privacy is not a factor? These are a few among the questions that a concern for privacy raises. Today every person around the world are asking these issues. Privacy is something that is walking a fine line between existing and not existing because with technology continuously developing and growing this thing called privacy is slipping further and further away. A case in point is the situation that occurred a few years ago in Florida. The Florida legislature believed that the state's building codes might be too stringent and that, as a result, the taxpayers were burdened by paying for buildings which were underutilized. Several studies were commissioned. In one study at the Tallahassee Community College, monitors were stationed at least one day a week in every bathroom. Every 15 seconds, the monitor observed the usage of the toilets, mirrors, sinks and other facilities and recorded them on a form. This data was subsequently entered into a database for further analyses. Of course the students, faculty and staff complained bitterly, feeling that this was an invasion of their privacy and a violation of their rights. State officials responded, however that the study would provide valuable information for policy making. In effect, the State...
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...Rodriguez Week 2 ECO/ 365 Professor Johnson What is economics? Some might say that economic is the stock market meanwhile others say it’s “my way of living”. Our Economics textbook defines economics as the study of how human beings manage their wants and needs. For an instant, I want a pair of new leather boots, but I need to pay my rent. My decision of paying my rent instead if of purchasing a new pair of leather boots illustrations that prioritizing my needs before any of my desires. The theory of economics is divided into two individual categories known as the microeconomics and macroeconomics theories. Microeconomics theory teaches of how individual choice is influenced by economics forces. Example, the high prices of the new IPhone6, is based on the how many people want or are willing to buy them. Then there is macroeconomics, which is the study of the whole economy. Such as the inflations problem that is seen on a daily basis and rising unemployment rates throughout the country. When speaking of microeconomic discuss main principles one of which is explain in details in weeks two simulation. This concept is known as supply and demand. These principles describe how the price and quantity rely on one another. First and foremost, is the Law of Demand. This law states that quantity demand increases as price fall, other things constant. And vice versa when quantity demanded decreases as price rises. We can graph the demand on an x and y axis as a curve that has downward...
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...transform and distribute information to support decision making in an organization. The are several types of information system that help people in organization that are Transaction Processing System (TPS) , Knowledge Management System(KMS), Learning Management System(LMS), Database Management System(DBMS), Office Information System(OIS), and Management Information System(MIS). There are five companies that get benefits of Information Technology and Information System in becoming international companies that are the telecommunication electronics Apple,inc, Xiaomi Inc, OPPO Electronics Corp, HTC Corporation, Samsung. These five electronics company has gone worldwide. The companies produce variety of product. The top five of the products is IPhone6 for Apple, Note 4 for Samsung, Redmi note for Xiaomi, Find7 for Oppo and HTC Desire eye for HTC. Besides the top model phone the companies also produce electronics appliances. Swot analysis Swot analysis is a study that undertaken to know the potential of an organization from the internal that is strengths and weakness and from the outer such as opportunities and threats. 1)Apple Inc. Strengths i. ii. iii. iv. v. vi. Marketing and advertising capabilities. Powerful product quality Loyal user Creative interface of products. Billion revenues and profit made every year Highly demand of orders Weakness i. ii. iii. iv. v. Expensive Limited product with specific function. No expandable memory. After launching a new product the previous product...
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...Case Analysis- IPhone Becomes ITrack Weiwen Yang MBA 520: Managing with Technology Instructor: John Stager City University of Seattle Apr 28th , 2015 Introduction Where there is a will there is a way that with the development of science and technology in the 21st century, there are many unbelievable achievements and inventions. Smart-phone is one of the most useful and significant inventions which gains its popularity for people to use. People not only use smart-phone to make phone calls and text messages, but also use their smart-phones to surf the Internet, send or receive E-mails, listen to music, play games, take pictures, etc. The functions of today’s smart-phone are unbelievable and amazing that almost everyone use smart-phones because of the convenience. People can also use smart-phone as basic camera, video and music player which invisibly saved people’s money. In addition, the true value of smart-phones is more than these. There are two most popular operating system using in smart-phones which are Apple’s iOS and Google’s Android. Based on these two major operating system, customers could download and run thousands of applications on their smart-phones. Apple, for example, added software to its products as extra value to make profit from customers. “Users spent $10 billion last year in the App Store, with $1 billion coming in December alone.” (Brustein, J, 2014). Customers are willing to pay the applications on App Store; however, they have...
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...How to Submit the Required Documentation DO NOT FAX THIS PAGE Choose an option (Online or Fax) and follow the steps Online (Recommended) 1 Print, fill out and sign the Sworn Affidavit & Proof of Loss Statement. Found on page 2 of this document. 2 Scan or take pictures of both the completed affidavit and your valid photo ID. Acceptable forms of photo ID: valid driver’s license, passport, federally issued ID card or matricula consular ID. 3 Upload both documents at phoneclaim.com/verizon-uploader Fax 1 Print, fill out and sign the Sworn Affidavit & Proof of Loss Statement. 2 Photo copy your valid photo ID and handwrite your Claim ID number on the paper. 3 Fax both documents to 1-877-595-1399. How to prevent delays in processing your claim The document is marked with a barcode that is specific to your claim. Using a photocopy with an incorrect barcode will delay your claim Make sure you have a valid photo ID • Acceptable forms of photo ID: valid driver’s license, passport, federally issued ID card or matricula consular ID • Unacceptable forms of ID: student ID, work ID, birth certificate and Social Security card • Name on the ID must match name of the Verizon Account Owner/Account Manager who completes the Sworn Affidavit & Proof of Loss Statement • If name does not match, then you may need to provide additional documentation • The ID cannot be expired. If the ID appears altered, forged, illegitimate or unreadable, we will not be able to proceed with your claim Make sure...
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...INTRODUCTION TO BUSINESS ANALYTICS Sumeet Gupta Associate Professor Indian Institute of Management Raipur Outline • Business Analytics and its Applications • Analytics using Data Mining Techniques • Working with R BUSINESS ANALYTICS AND ITS APPLICATIONS What is Business Analytics? Analytics is the use of: data, information technology, statistical analysis, quantitative methods, and mathematical or computer-based models to help managers gain improved insight about their business operations and make better, fact-based decisions. Evolution of Business Analytics? • Operations research • Management science • Business intelligence • Decision support systems • Personal computer software Application Areas of Business Analytics • Management of customer relationships • Financial and marketing activities • Supply chain management • Human resource planning • Pricing decisions • Sport team game strategies Why Business Analytics? • There is a strong relationship of BA with: • profitability of businesses • revenue of businesses • shareholder return • BA enhances understanding of data • BA is vital for businesses to remain competitive • BA enables creation of informative reports Global Warming Poll Winner Sales Revenue Predicting Customer Churn Credit Card Fraud Loan Default Prediction Managing Employee Retention Market Segmentation Medical Imaging Analyzing Tweets stylus ...
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...Cast Cinderella – Sleiziee – Cindy Prince – Desmond –Nathaniel - Boss Cinderella’s best friend – Haily – Brenda Step Mother – Ester – Ruth - Manager Step sister 1 – Jenny – Chelsea Step sister 2 - Abrona – Fiona Plot Cindy is new to a company. They never meet the boss. Ruth asks Cindy to make a cup of coffee for her. Ruth: Cindy, can you please make a cup of coffee for me? Cindy: Ok right away. Cindy bring a cup of coffee into the manager’s room, after putting down the coffee Cindy went back to her table and continue her work. Ruth takes the cup of coffee into Nathaniel’s room. Ruth: Boss, I had made you a cup of coffee. Nathaniel: (after drinking the coffee) Ruth, today coffee was good compare to the previous one. Love this taste. Ruth: Thanks boss will make it for you everyday. Nathaniel: Alright, you can go back to your work now. Ruth: Ok I will go first. Ruth goes back to her room and asks Cindy to come in. Ruth: Cindy, I want you to make a cup of coffee everyday for me. Cindy: Sure, I will. Ruth: You can get back to your work now. As Cindy walks back to her table, Chelsea comes by and gives her a document to photocopy. Chelsea: Cindy please helps me to photocopy this document for 20 copies. Make sure no one will see this document. If not you will be in bad trouble. I will need it by 2 o’clock. Cindy: Ok. As Chelsea walks away, Fiona walks toward Cindy. Fiona: Cindy, can you please look through this file and retype it. Please finish it by 5 o’clock. Cindy: Alright. Seeing...
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...Richman Investments | Richman Internet Infrastructure Security Management Upgrade | ITT Technical Institute NT2580 Course Project | | Jason R Spitler | 5/30/2014 | Based on the premises that Richman has 5000 employees throughout the main office and several branch offices, this document dictates research solutions and details the appropriate access controls including policies, standards, and procedures that define who users are, what they can do, which resources they can access, and which operations they can perform on a system. | Final Project I. Richman Internet Infrastructure Security Management Upgrade A. Purpose Based on the premises that Richman has 5000 employees throughout the main office and several branch offices, this document dictates research solutions and details the appropriate access controls including policies, standards, and procedures that define who users are, what they can do, which resources they can access, and which operations they can perform on a system. II. Basic Authentication Procedures and Standards, (Who users are.) A. Trinity-Three-factor Authentication Method replaces Basic Authentication It is my view the Administrator’s responsibility is to provide secure communications by adding layers of security at all levels to assure the amount of protection for company’s valuable assets. Richman will provide its employees a new method of authentication I call Trinity. It is a three-factor authentication method requiring updated laptops...
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...Apple Brand Communications Audit Analysis 1.Assessment of Apple’s Website: After browsing Apple's official website, I think it did quite successful with an overall sense and expression of Apple’s brand image. From my own perspective, I like Apple's official website design style, simple and sophistication. On the homepage, the advertisement in the middle catches the eye, with a big post and link to the related products. Colors are also designed to be simple and fresh on the homepage, adapting to Apple’s brand concept and making customers feel comfortable when browsing their website, which will interest customers to learn more information about this company's products and will give customers a perfect user experience. Secondly, I think Apple's official website has great usability, which classified every of its main products in the top homepage clearly, so that the major product information can be easily found and clicked on to get further detail information, such as the valuable product description and the best characteristic features of products. Design is the key of Apple’s concept, ease of use and simple of look differentiate all those “i”-products with others. In addition, Apple 's official website was also set up a product search, so that visitors can search for the information they want to get in the first place. And online customer service setting can promptly solve the customer problems for the product. Overall, everything in their website is very humanized. 2...
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...Jiuxiao Wang, Pinga Benjamin Francis Guided research Jan 30, 2015 Mobile Advertising Outline I. Introduction * The introduction of advertising * What is the mobile advertising II. The mobile Internet advertising spending share and its allocation 1.Horizontal comparison of mobile advertising 2. Vertical comparison of mobile advertising III. Popularization of mobile equipment and development of mobile advertising platform * The popularization of the mobile phone * Examples of Apple and Samsung IV. The efficiency of the mobile advertising * The speed * The quantity V. The decay of traditional advertising media * Television * Newspaper and Magazine * Classic advertising case VI. The limitations of the mobile advertising * Disorder * Emerging industry * The occupation of traditional advertising VII. Conclusion I. Introduction One definition of advertising is: “Bringing a product (or service) to the attention of potential and current customers. Advertising is focused on one particular product or service. Thus, an advertising plan for one product might be very different than that for another product.” With the development of hundreds of years, the types of advertising are various. For examples, the television advertising, online advertising, press advertising, street advertising, billboard advertising and the mobile advertising. There are so many choices for the business company, so which one is...
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...1.0 QUESTION 1 “PEST analysis is used by businesses around the world to devise a strategic approach to their activities”. Discuss this statement describing in detail the components of the said analysis. 1.1 INTRODUCTION Apart from a company’s internal resources there are several other factors that have a profound impact the performance of a company. The internal resources usually refers to the employees of the firm, contractors, sub-contractors, suppliers and so on whereas the external environment refers to the market, clients, stakeholders, etc. 1.2 PEST ANALYSIS According to Kotler (1998), PEST analysis is a useful strategic tool for understanding market growth on decline, business position and direction for operations. The use of PEST analysis can be seen effective for business and strategic planning, marketing planning, business and product development and research. In order to survive, be profitable and maintain their competitive advantage, organizations have to recognise and take advantages of the external environments as well as identifying and consider threats when developing strategies. One of the most commonly used analytical tools for assessing external factors in a business situation is PEST analysis. Pest is an acronym for Political, Economic, Social and Technological external factors. PEST analysis is beneficial when conducting research before beginning a new project or to help conduct market research. Also, PEST analysis helps to determine...
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