...Direct competition launched by biggest competitor ‘Match’ through its ‘Chemistry’ offering eHarmony’s key valuable resource is its vast bank of customer data that it uses to match customers based on its proprietary algorithm, and its brand/reputation * Data bank is rare and inimitable for competitors or new market entrants, making it a critical resource leading to competitive advantage * “Match for life” reputation as a result of rigorous registration process attracting customers interested in long-term relationships eHarmony offers a higher value to its customers in comparison to its competitors in terms of specialization of service offered, efficiency and quality of matches and the detailed screening process Going forward, eHarmony should focus on expanding service offerings (offering services for parenting, weddings, etc.) and explore geographic expansion to other English speaking Western countries * Expansion would be re-enforcing with eHarmony’s critical resources like its intensive R&D capabilities, customer loyalty and reputation eHarmony’s Strategy eHarmony Strategy The Business Model Who eHarmony provides services to US based individuals actively engaged in the search of long term relationships. These individuals have to be heterosexual, single, and not have divorced more than 3 times. What The company provides an online highly customised matching service, which is priced at a premium against competition. How...
Words: 1980 - Pages: 8
...more long term focus by emphasizing the need of HR plans and strategies of overall organization. The emphasis of strategic HRM is on strategic integration which is matching HRM strategies to business strategies. In this paper, we will discuss two models of Strategic HRM: The matching model and the resource-based model. Comparing these models, while listing their similarities and differences, will help us understand Strategic HRM on a better level. In the second part of this paper, I will address which features of the Resource-based view my current workplace: the Treasury Board Secretariat (Federal Government) uses and how it relates to Human Resources Management. Matching model First off, the matching model also known as “best fit”, requires that an organizations’ HRM policies and practices be configured and managed in a way that is congruent with the particular strategy. This model concentrates on fit between an external strategy and internal strategy. HRM strategies are all about making business strategies work and so emphasis is placed on how to best match and develop appropriate systems. This model concentrates on the following issues to address success: • Selection (Most suitable people for the business needs) • Performance (In the business’s objectives) • Appraisal (Feedback on an organizations’ success) • Awards (For good performance and/or practice) • Development (Of the skills and knowledge of people in the organization) The matching model...
Words: 1656 - Pages: 7
...UNIT 6: “Identify three key HRM activities of an identified organisation. Justify how the objectives of these were achieved by effective management of human resources and refer to at least two HRM models”. Introduction This report will identify and discuss the outcomes of three human resource management (HRM) activities. Using HRM models the outcomes will be discussed and analysed as to their effectiveness. “Human Resource Management is a strategic and coherent approach to the management of an organisation’s most valued assets: the people working there who individually and collectively contribute to the achievement of its objectives”. Armstrong, (2003: 3+4). Or “Human Resource Management is a strategic approach to employment relations which emphasises that leveraging people’s capabilities is critical to achieving sustainable competitive advantage, this being achieved through a distinctive set of integrated employment policies, programmes and practices”. Bratton & Gold, (2003: 3). Recruitment & Selection An organisations talent needs, originally, to be gained from somewhere. How do we obtain the Human Resources the organisation requires? Many things need to be considered such as the organisations goals, knowledge, skills and objectives etc. Employees that have the ability to adapt and adjust to the organisations long term future are required. Bass and Barratt (1981) conjoined to come up with a theoretical model of personnel selection for organisations...
Words: 1775 - Pages: 8
...devices. 2. Bit - A bit is the smallest unit of data that a computer works with. However, just like humans use multidigit decimal numbers every day, computers work with multidigit binary numbers. 3. Byte - is a unit of digital information that most commonly consists of eight bits 4. Random Access Memory- RAM physically exists as a set of microchips installed on a plastic card called a memory module. The chips and the electronics on the card together create a set of physical locations in which a computer can store and read bits or bytes of data. 5. Character Set - , sometimes called a character encoding scheme, lists all the text characters on the computer with a matching binary value. When the user types one character, the computer CPU looks at the character set and stores the matching (mapped) binary value. interprets user actions and convert those actions into bits. Focus for a moment on what happens starting with the point in which the word processor was ready for the user to type a brand new document. For each letter pressed on the keyboard, hidden to the user, the keyboard sends some bits to the computer, specifically to the CPU. Again hidden, the CPU processes the bits that arrive from the keyboard; the CPU stores those bits in RAM. Additionally, the CPU updates some other bits that represent what the computer displays on the screen and sends the new image (again represented by bits) to the screen. 6. Input and output – the input part refers to creating...
Words: 802 - Pages: 4
...Guillermo Furniture Store and Pro Forma Analysis Guillermo Navellez, once the owner of the largest flourishing furniture store in Sonora, Mexico faces globalization and the emergence of foreign competition. Inexpensive labor and the abundance of timber in Sonora are major factors, which contributed to the manufacturing of the store’s furniture. Guillermo faces new competition that possesses advanced technology with the ability to manufacture faster and at lower costs. With the emergence of this sophisticated technology, the company requires change to cease the decease of revenue and sales (University of Phoenix, 2012). Guillermo hires Jevaloch Consulting Firm, Incorporated to examine his current business forecast and choose strategies in optimal working capital. Additionally, Jevaloch will also provide an efficient pro forma budget and recommend an implementation plan. Guillermo Furniture Forecast Forecasting is an important tool for estimating the future market value for the business. Jevaloch consultants began the examination of Guillermo Furniture by reviewing a six month Figure 1.1 Budget Sales Forecasts. Figure 1.2 Actual Sales Forecasts. projection of sales forecast for units of chairs, the top sales item for the store, sold from January to June 2010. Figures 1.1 and 1.2 are representative of the budget unit sales and actual unit sales for Guillermo Furniture. The average monthly demands for the budget sales is 18,014/6 = 3002.3 and 17,997/6 = 2999.5 for...
Words: 2588 - Pages: 11
...Innovative Urban Transport Concepts 1 Co pt C cepts Concepts NICHES is a Coordination Action funded by the European Commission under the Sixth Framework Programme for R&D, Priority 6.2 Sustainable Surface Transport Index Learn from Innovative Experiences with NICHES New Seamless Mobility Services Urban Lift-sharing Services Public Bicycles ..................................................................... 3 4 4 6 8 10 10 12 14 16 16 18 20 22 22 24 26 28 ..................................................................................................................................... ....................................................................................................................................................... .................................................................................................................................................................................................... Call-a-bus Services ................................................................................................................................................................................... Innovative Approaches in City Logistics Space Management for Urban Delivery Inner-city Night Delivery ........................................................................................................ ................................................................................................................
Words: 1137 - Pages: 5
...largely due, I believe, to their focus on and first moves toward a customer base that was looking for serious, long-term relationships and compatibility. eHarmony aimed to assist each user in ensuring they were found with a compatible partner(s). In doing this, as well as promotions by company founder Dr. Neil Clark Warren, eHarmony managed to gain the interest of faith communities, a previously untapped market segment by dating sites. As a result, there was exponential growth with 100,000 registrations within a few weeks and by early the next year there had been 300,000. This meant that eHarmony were able to break even early and become cash-flow positive only two years from it's initial breakthrough. Competitive advantage was created for eHarmony largely through it's efficient and integrated system that it offered. It contained a Personality Profile, a Matching Algorithm and a Guided Communication System. This system was exclusive and purpose built for eHarmony as well as being patented. Upon registration, members were required to fill in an extensive Personality Profile that covered many areas of compatibility, however, were largely represented by three guiding principles; Values, Personality and Interests. This information was then assessed by focus group. Once completed, eHarmony's algorithm would assign members with compatible people. This was their key to success. At this point people were not required to pay, however, if they were wanting to engage with other members...
Words: 850 - Pages: 4
...2014 Chapter 10 Key Terms Data Structure – A model of a database. Entity – An object Attribute – An item of information Entity-Relationship (ER) Modeling – Used to model a database system after a real-world system Instance – An occurrence of an entity Linking Table - database table that contains common fields from two or more other database tables within the same database Connecting Table – See Linking Table. Associate Table – See Linking Table. Computer-aided software engineering tool (CASE) – A tool to make the design process and complicated designs easier Referential Integrity – Is when relationships between tables are maintained correctly Declarative Referential Integrity (DRI) – When foreign key constraints are used to enforce referential integrity Foreign Key Constraints – Prevents all of the operations that violate referential integrity Triggers – A special type of procedure that can be used to determine if an operation would violate referential integrity Orphaned Row – A row of a foreign key table that loses the relation to the row in a primary key table because the row is deleted Update Anomaly – If the updated value of the foreign key does not have a matching primary key value in a related table Insertion Anomaly – When inserting a row in the foreign key table, and the foreign key value does not have a matching primary key value in a related table Deletion Anomaly – When deleting a row from the primary key table, and the foreign key table contains one...
Words: 525 - Pages: 3
...Chapter 3: Relational Model Chapter 3: Relational Model 1 1 Objectives 2 2 Logical View of Data 3 2.1 Table characteristics 3 2.2 terms 3 2.2.1 domain 3 2.2.2 primary key 4 2.2.3 abstract data type 4 2.2.4 tuple 4 2.2.5 attribute 4 3 Keys 4 3.1 determinant 4 3.1.1 functional dependence 4 3.1.2 multi-functional dependence 5 3.2 types of keys 5 3.2.1 super key 5 3.2.2 candidate key 5 3.2.3 primary key 5 3.2.4 alternate key 5 3.2.5 foreign key 5 3.2.6 secondary key 5 3.2.7 composite key 6 3.3 entity integrity 6 3.4 referential integrity 6 4 DB Integrity 6 4.1 domain integrity 6 4.2 entity integrity 6 4.3 referential integrity 6 4.4 business rules 6 5 Relational DB Query Languages 6 5.1 relational algebra 6 5.1.1 select 7 5.1.2 project 8 5.1.3 join 8 5.1.3.1 equa-join 8 5.1.3.2 theta-join 9 5.1.3.3 natural join 9 5.1.3.4 outer join 10 5.1.4 intersect 11 5.1.5 union 11 5.1.6 difference 11 5.1.7 Cartesian product 12 5.1.8 division 12 5.2 relational calculus 13 6 Meta Data Components 13 6.1 data dictionary 13 6.2 system catalog 13 6.2.1 synonym 14 6.2.2 homonym 14 7 Relationship Types 14 7.1 1:1 14 7.2 1:N 15 7.3 M:N 16 7.3.1 intersection table 16 7.3.2 dummy table 17 8 Data Redundancy in Relational Model 17 9 Indexes 17 9.1 pointer 18 9.2 unique index 18 9.3 non-unique index 18 1 Objectives • The relational database model takes a logical view of data. • The relational model's basic components are entities, attributes...
Words: 2530 - Pages: 11
...organization. HRM is structured and supported by a number of theories relating to the behaviour of people and organisations, strongly concerned with ethical employment and how people should be treated in terms of moral values. HRM aims to build good relationships with employees based on trust and personal achievement therefore benefiting the achievement of business goals. HRM deals with all aspects of employees within an organization. Areas of HRM include recruitment, interviews, orientation, induction, motivation, learning, performance reviews, employee relations & wellbeing, training, development, change management and complying with employment law. The core purpose of HRM is to develop and make efficient use of the workforce within an organization. HRM is people management within organizations designed to maximise employee performance focusing on the company’s strategic objectives. Effective HRM enables employees to contribute productively to the overall company direction and accomplishment of the organizations goals and objectives. What was the main message of the Harvard framework? Through my research and understanding I have come to the conclusion that the main message of the Harvard model by Beer et al is that decisions and actions made by line managers have a long term effect on relationships between employees and organizations. The Harvard model is a strategic map focusing on the human or soft aspect of HRM. Armstrong (2014, loc 1473) states that: ‘Beer and his...
Words: 1786 - Pages: 8
...Student Attendance System Based On Fingerprint Recognition and One-to-Many Matching A thesis submitted in partial fulfillment of the requirements for the degree of Bachelor of Technology in Computer Science and Engineering by cyril nwoba (Roll no. 54373) and Prashant Trivedi (Roll no. 107cs015) Under the guidance of : Prof. B. Majhi Department of Computer Science and Engineering National Institute of Technology Rourkela Rourkela-769 008, Orissa, India 2 . Dedicated to Our Parents and Indian Scientific Community . 3 National Institute of Technology Rourkela Certificate This is to certify that the project entitled, ‘Student Attendance System Based On Fingerprint Recognition and One-to-Many Matching’ submitted by Rishabh Mishra and Prashant Trivedi is an authentic work carried out by them under my supervision and guidance for the partial fulfillment of the requirements for the award of Bachelor of Technology Degree in Computer Science and Engineering at National Institute of Technology, Rourkela. To the best of my knowledge, the matter embodied in the project has not been submitted to any other University / Institute for the award of any Degree or Diploma. Date - 9/5/2011 Rourkela (Prof. B. Majhi) Dept. of Computer Science and Engineering 4 Abstract Our project aims at designing an student attendance system which could effectively manage attendance of students at institutes like NIT Rourkela. Attendance is marked after student identification...
Words: 14646 - Pages: 59
...Student Attendance System Based On Fingerprint Recognition and One-to-Many Matching A thesis submitted in partial fulfillment of the requirements for the degree of Bachelor of Technology in Computer Science and Engineering by Rishabh Mishra (Roll no. 107cs016) and Prashant Trivedi (Roll no. 107cs015) Under the guidance of : Prof. B. Majhi Department of Computer Science and Engineering National Institute of Technology Rourkela Rourkela-769 008, Orissa, India 2 . Dedicated to Our Parents and Indian Scientific Community . 3 National Institute of Technology Rourkela Certificate This is to certify that the project entitled, ‘Student Attendance System Based On Fingerprint Recognition and One-to-Many Matching’ submitted by Rishabh Mishra and Prashant Trivedi is an authentic work carried out by them under my supervision and guidance for the partial fulfillment of the requirements for the award of Bachelor of Technology Degree in Computer Science and Engineering at National Institute of Technology, Rourkela. To the best of my knowledge, the matter embodied in the project has not been submitted to any other University / Institute for the award of any Degree or Diploma. Date - 9/5/2011 Rourkela (Prof. B. Majhi) Dept. of Computer Science and Engineering 4 Abstract Our project aims at designing an student attendance system which could effectively manage attendance of students at institutes like NIT Rourkela. Attendance is marked after student...
Words: 14646 - Pages: 59
...offered the promise of making the partner search process more efficient, quicker (for some), less onerous, and less emotionally draining than other means. This led to the creation of a new Industry – the Online Personals Industry – which I would define as “a collection of online services built specifically to cater to the needs of those looking online for a relationship partner, whether for marriage or long-or-short-term companionship”. By leveraging the power of faster communication, access to a large number of candidates and intelligent learning systems to suggest possible matches, online personals sites had an opportunity to carve out a non-trivial share of the matchmaking or partner-finding “market”. Technology had the additional benefit of bringing together people from distant geographies (I have a Chinese-American friend who met his Ukrainian wife-to-be on a US personals site). Structurally, the Industry had evolved by the turn of the century, to contain a few distinct segments, distinguished by the types of customers they served: • services facilitating the long-term life partner search • services catering to casual daters and non-committal exploratory relationships • niche services targeting narrow segments...
Words: 2233 - Pages: 9
...eHarmony Case By: Mayra Trujillo And Jonathan De La Roca eHarmony was founded by Neil Clark Warren and Greg Forgatch. Mr. Warren being a psychologist focused on marriage and family also wrote 9 books on love, marriage and emotional health. He has also spoken on seminars and conferences as a relationship expert. Warren knowing he was good at his job decided to take his work to the next level, he did decided to help people with mate selection. However, his plan wasn’t just to match random people for a casual hook up but rather match those singles seeking serious relationships. Creating an online dating website that will help the most it can finding the mate for those seeking was going to be challenging but Warren was ready to take a change in this market. People have become more comfortable seeking for others online rather than in the real world for several reasons such as, saving time, convenience, security, and higher possibilities to get a better match. It’s more convenient to stay at home and eliminate candidates behind the computer in comfortable clothes rather than going in a date to get to know someone who you might eliminate as soon as you find out basic information about them and having to sit through the date dying for it to finish. Online dating makes it easier to decide if this person is worth meeting in person or if it’s going to be a waste of time. Online dating also gives people confidence to ask questions...
Words: 1412 - Pages: 6
...1 Financial Reporting Overview Chapter 1 is an overview chapter covering accounting users, financial reporting, GAAP, accounting organizations, the conceptual framework, accounting careers, and ethics. The topics are wide ranging and very heavy on the new terminology side of things. Although it is a good chapter for introductory purposes, the concepts and organizations covered are so extensive that it will make a good chapter to come back to later, or at the end of intermediate accounting, to review. In fact, many parts of the chapter will make more sense and come together in your mind better only after you have dealt with specific details and examples in later chapters. Focus mostly on the terminology at this point in time. Making sense of it all will be easier later on. The final section on accounting careers and ethics may make for some interesting reading, but don’t expect to be tested much on it. The conceptual framework will probably get the bulk of the examination questions, both for this class and for the CPA exam. As such, understanding Exhibit 1-5 in the textbook is very important. Learning Objectives Refer to the Review of Learning Objectives at the end of the chapter. It is crucial that this section of the chapter is second nature to you before you attempt the homework, a quiz, or exam. This important piece of the chapter serves as your CliffsNotes or “cheat sheet” to the basic concepts and principles that must be mastered. If after reading...
Words: 9014 - Pages: 37
