...Introduction of e-commerce Electronic commerce can be defined as sales or purchase of goods and services or any commercial transaction through electronic systems such as internet, telephone and e-mail. There are several forms of e-commerce, including: Business-to-Business (B2B) is the electronic transactions between enterprises for conducting business. Business-to-Consumer (B2C) is the business sell of products or services directly to customers, such as Gmarket, Alibaba etc. Consumer-to-consumer (C2C) is the business conduct between consumers. This usually is a form of auction or forum site, such as E-bay. Consumers post what they intend to sell on the webpage, other consumers can access and bid for the item. Customer-to-business (C2B) is a form of business offered by consumer to business to exchange for money. For example, designers sell a design to a multimedia manufacturing company online. One of the major subset of E-commerce is mobile commerce. It is the sale and purchase of goods or services or conducts any business activities through internet connection using handy devices such as mobile phones and tablets. Mobile commerce is getting popular and can be defined as the next generation of e-commerce. Businesses conduct e-commerce to stay competitive. Some of the businesses are successful with the use of e-commerce, such as online shop Amazon and DBS Bank. Amazon provides a massive range of products. They are focus on their selection, price and convenience. Customers can...
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...as android in the mobile market”. 2. Executive Summary: Samsung has made them noticeable as one of the most innovative and quality brands in the electronics industry and especially in the mobile market. Samsung strives to be sustainable and achieve competitive advantage by remaining at the forefront of the digital market. Samsung policy is "We will devote out human resources and technologies to create superior products and services thereby contributing to a better global society”. In today’s digital era, speed is the essential competitive as new technologies constantly introduced to the mobile market. Thus, Samsung spend lots of effort in expanding their R&D center and testing their new devices to make them issue free. Samsung Mobile has become one of the world's leading android mobile phone producers. Since Samsung Mobile bought android technology in the mobile market, they have developed and come up with better technology and hardware in their mobile phones that have made them the android mobile market leader. Samsung has introduced many android phones with low price and high technology. Although Samsung Mobile has been very successful, they have a few issues that need to be looked at in order for them to stay up to date and maintain long term profits. Problems that have been identified with Samsung Mobile are; increased competition means decrease in Samsung's profits and market share because it generates oversupply and decrease in sales. Competition affects Samsung's...
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...SUMMARY OF CHAPTER 9 BUDGET PREPARATION Nature of Budget Budgets are an important tool for effective short-term planning and control in organization. An Operating Budget usually covers one year and states the revenue and expenses planned for that year. It has certain characteristics like: * A budget estimates the profit potential of the business unit. * It is stated in monetary terms, although the monetary amounts may be backed by the non-monetary items like units produce and sold. * It generally covers a period of one year except the seasonal businesses. * It is a management commitment that managers agree to accept responsibility for attaining the budgeted objectives. * The budget proposal is reviewed and approved by an authority higher than the person preparing the budgets. * Once approved the budgets can be changed only under specified conditions. * Periodically, actual financial performance is compared to budget, and variances are analyzed and explained. * The budget is different from strategic planning and forecasting. Uses of Budget Preparation of an operating budget has four principal purposes. 1. Fine Tuning the Strategic Plan: * The strategic plan of the last year can help the managers in preparation of the budgets. * And budget preparation also provides an opportunity to make decisions that will improve performance before a commitment is made. 2. Coordination: * Every responsibility center manager participates...
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...You are exploring a webpage on www.juergendaum.com The new New Economy Analyst Report – June 08, 2002 Juergen Daum’s new New Economy Best Practice service ©2002-2005 Juergen Daum. All rights reserved. Performance Management Beyond Budgeting: Why you should consider it, How it works, and Who should contribute to make it happen. News categories: Enterprise and business strategy, Finance and accounting, Performance management and controlling, Information Technology by Juergen H. Daum Table of content: Intro Why should a company consider to move Beyond Budgeting ? How does the Beyond Budgeting model work ? Who should contribute to make it happen ? The Transition Route – Major success factors Summary Additional resources (updated Jan 2005) “Fixed budgets don’t work today. A budget is a too static instrument and locks managers into the past - Daum New! - visit J.H.D.'s Beyond Budgeting Info Center - including latest BB insight materials, interviews with BB pioneers etc. - here an extract: | J.D.'s insight article "Beyond Budgeting" | Interview with Lennart Francke, CFO of Svenska Handelsbanken | Panel Discussion with Borealis, Nestlé, and Unilever | Interview with Jeremy Hope – co-founder of the Beyond Budgeting Round Table | Interview with J.D. on finance and IT | Intro Three years ago I presented to a group of senior executives at the headquarters of a large U.S. based consumer products company with global operations the concept...
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...Assignment 1: The New Frontier: Data Analytics xxxxxx Professor xxxx CIS500: Information System Decision Making April 17, 20xx Strayer University The New Frontier: Data Analytics Abstract The word “tweet” was first defined as “a chirping noise” whose origin dated back to 1768. Since 2011, Merriam Webster dictionary extends that definition to mean “a post made on the Twitter online messaging service”. Mention of the adoption of “tweet” into the Merriam Webster Dictionary is designed to illustrate two main points; that information can be ambiguous and that technology can reweave the very fabric of human culture. According to research done by Zikopoulos, Eaton, Deroos, Deutsch, & Lapis (2012), there exists 800,000 petabytes (PB) of data stored in the world in the year 2000. By their estimates, that number could reach 35 zettabytes (ZB) by the year 2020 (p. 39). The ability to analyze and process the enormous amount of data is a costly undertaking for companies that are behind the curve and a lucrative business for those that are ahead of the game. Each tweet and post contribution from the users that share the web space further buries the proverbial haystack. It is the ability to sift through the data that determines whether a company can gain traction in their respective industry or if they are simply spinning their wheels. This research paper, centered on Capital Cube and their parent company analytixinsight, will aim to discuss how data analytics is paramount to present...
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...This is page left blank The Strategic use of technology within non-profit orgs Page 2 Overview: Undoubtedly, IT or information technology has caused a massive development in all fields of science, society, economy and humanity. The impact of IT on human society is in a way that the world is rapidly changing to an information society. Any progress in different aspects of society and economy or humanity is the results of technology development. Technology is considered to be a key indicator for improving effective communication, and strategic operation within government and non-profit organization. As a student of Public Administration and my concentration and interest to the non-profit organizations, in this paper I want to focus more about e-government in non-profit organization including and strategies that non-profits’ IT leaders need to practice. Non-profit organizations work around the world to accomplish philanthropic missions and provide meaningful services for people in need. The number of non - profit organizations likely to increase each year, according to the Urban Institute; there is a growth among the non-profits based on size and financial impacts. Between 2001 and 2011, the number of non-profits has increased 25 percent; from 1,259,764 million to 1,574,674 million today, which acutely compete with the business and government sectors. (Urban institute reports 2103). Among these organizations not all of them are successful neither all...
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... in a professional and creative work environment TECHNICAL SKILLS • • • • Languages: Java, SQL, PL/SQL Database: Oracle, MySQL Application Framework: Spring Web MVC Framework Team Practices: Agile Scrum • Web Technology: HTTP, HTML 5, JavaScript, AJAX, GWT, CSS, JSP • Technologies: J2EE, XML, JSON, RESTful style web services, Apache Velocity, LAMP • Tools: Eclipse, SQL Developer, Apache HTTP Server, Tomcat, SVN Dec 2013 Aug 2009 EDUCATION Masters in Management Information Systems, University of Arizona, 3.43/4 GPA Bachelors in Information Technology, University of Mumbai, India 3.6/4 GPA ACADEMIC PROJECTS Client: UofA Department of Emergency Medicine Course: Project...
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...qwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwer...
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...Budgeting and strategy A Kraft Foods UK case study Case study pages • 1: What is a budget? • 2: Kraft´s income and expenses budget • 3: The importance of feedback • 4: Constructing an expense budget • 5: Advantages and disadvantages of expense budgeting • 6: Alternative types of budgeting • 7: Conclusion Read more: http://businesscasestudies.co.uk/kraft-foods-uk/budgeting-and-strategy/conclusion.html#ixzz1nUCFRFJb What is a budget? A budget is a financial plan that sets out, using figures, an organisation's expected future results. For planning purposes, organisations can use many different types of budgets. For example: • Income and expenditure budgets. These show how much an organisation expects to receive and to spend in future periods. • Production budgets. These set out how much an organisation must produce in coming periods of time in order to meet demand. • Profit budgets. These bring together planned sales, costs, and profit figures. By creating budgets, managers can: • set out a clear plan, involving target figures for defined periods of time • communicate their targets clearly • motivate employees to achieve these targets • control performance by monitoring actual outcomes against planned targets • meet the organisation's objectives. This case study illustrates how Kraft Foods uses budgets to enable it to meet business objectives related to financial performance with a view to achieving...
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...digital tools their digital goals. We found that despite the and technologies—especially when engaging organizational and talent challenges, executives with customers—C-level executives in a recent remain optimistic about digital business. McKinsey survey say they are stepping up their 1 own involvement in shaping and driving digital 1 he online survey was in the T field from April 2 to April 12, 2013, and garnered responses from 850 C-level executives representing the full range of industries, regions, and com any sizes; 8.6 percent of p these executives have a spe i c fic technology focus. To adjust for differences in response rates, the data are weighted by the contribution of each respon- dent’s nation to global GDP. 2 n the 2012 survey, we asked I about three digital-business trends: big data and advanced analytics, digital marketing and social-media tools, and flexible delivery platforms. See Brad Brown and Johnson Sikes, “Minding your digital business: McKinsey Global Survey results,” May 2012, mckinsey.com. They report, for example, that their companies are strategies. This is vital to the success of digital using digital technology more and more to engage programs, as survey respondents most often cite with customers and reach them through new a lack of senior-management interest as the channels. What’s more, growing shares report that reason for an initiative’s failure. Respondents their...
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...POST MODULE ASSIGNMENT FORM (MEBM) Name of student : IZYAN MUNYANTI BINTI ABU HANIFAH MyKAD no/Passport No : 880520045260 Matric Card No : MRS 151004 Name/Code of Course : MRSE 2583 – PROJECT MANAGEMENT Date of Submission : 20th November 2015 Name of Lecturer : DR. MOHAMAD SYAZLI FATHI Signature : Date : Contents 1) PROJECT DEFINATION & DESCRIPTION ......................................................................................... 4 1.1 1.2 Description of the project ................................................................................................................. 4 1.3 Problem Statement ........................................................................................................................... 5 1.4 2) Purpose of the project ...................................................................................................................... 4 Objective of the project .................................................................................................................... 5 PROJECT SCOPE ................................................................................................................................... 6 2.1 Project Scope Details ....................................................................................................................... 6 2.2 Descriptions of the program ......................................................................................
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...designed to reach people in locations other than home or offices, including billboards, transit and aerial advertising. 150．Out-sourcing: A practice used by different companies to reduce costs by transferring portions of work to outside suppliers rather than completing it internally. Outsourcing is an arrangement in which one company provides services for another company that could also be or usually have been provided in-house. 151．Outcome: accomplishment of objectives through a public relations engagement 152．Output: work done in a public relations activity. 153．Persuasion model: conceptual approach to communication that focus on ethical attempts to influence people. 154．Photo op: publicity stunt with visual appeal. Designed to attract media coverage in newspapers and magazine, television and online video and photographic venues 155．Pilot test: pilot testing means finding out if your survey, key informant interview guide or observation form will work in the “real world” by trying it out first on a few people. Pilot testing is a small-scale trial, where a few examinees take the test and comment on the mechanics of the test. They point out any problems with the test instructions, instances where items are not clear, and formatting and other typographical errors and/or issues. 156．Pitch Letter : A letter written to introduce a story idea and source to a...
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...Current Scenario at Apple, Inc 2- Introduction to Capital Budgeting 3- Key Techniques of capital Budgeting 4- Payback Period 5- Accounting Rate of Return 6- Cash go for the company 7- Corporate overview 8- Financial trends 9- Market Cap Outlook 10- Fields of Competition 11- Differentiating factor 12- Financial Outlook 13- Financial statement 14- References Current Scenario at Apple, Inc: As of the end of financial year 2011, Apple incorporation has no long term debt in their balance sheet. Company is funded by its own cash and the equity capital that company has strengthened over the years. The market portfolio of the company has seen huge success and this has been the reason for company utilizing its cash for both shareholders wealth and also for keeping the increased investment and innovation going. It is very interesting to have a look at the patterns in which the company has managed its capital budgeting. Capital budgeting is an important decision for any corporation and same is the case with Apple Inc. Organization now needs to evaluate its future strategy on the basis of capital budgeting decision that it makes. Introduction to Capital Budgeting: The exercise conducted by business enterprises to determine whether projects like construction of a new plant or investment in a long-term venture would result in profitable gains is called capital budgeting. Projects which have long gestation periods are evaluated based...
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...Television and Media Violence – Affect on Children Exposure to Violent Television Causes Aggressive Behavior in Children Prepared for Mrs. Martha Jagel, Professor Rogers State University Prepared by Ashton Duncan, Student Rogers State University June 20th 2013 Television is the most powerful medium the world has ever seen. Never before has it been possible to communicate and so strongly influence millions of people at the same moment right in their own homes. But its misuse has been felonious, and society is paying an increasing price (Langone, 1984). Almost weekly the press carries some story about the harmful effects of television on children. Parent-teacher lobbyists wring their hands about the violence depicted on Saturday morning children''s programs. Nutritionists decry commercials that tout sugar-laden junk food to youngsters. Consumer advocates clamor against the deceptive marketing of children's toys. In Washington, D. C., politicians anxiously express their regrets, then turn to more pressing business (Landesman, 1995). This paper intends to address the behavioral effects that violent television has on children. Violence and television has been the subject of numerous controversial studies for the past thirty years. The most persistent questions have concerned aggressive, anti-social, or delinquent behavior and their link, if any, to violent television entertainment (Paik & Comstock, 1994). Numerous articles, written on almost...
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...“LetsGo Travel Trailers: A Case for Incorporating the New Model of the Organization into the Teaching of Budgeting,” by Sally Wright, Cases from Management Accounting Practice, Vol. 14, Montvale, NJ: Institute of Management Accountants, 1998). Note that part 2 of this case requires the use of Excel. 10-3 Building Processes for a Solid Foundation: The Case of Community Health Initiatives (Source: Sandra Richtermeyer, Strategic Finance, August 2007, pp. 52-57. Note: this case was the case used as the 2008 IMA Student Case Competition. The Student Case Competition is sponsored annually by the IMA to provide an opportunity for students to interpret, analyze, evaluate, synthesize, and communicate a solution to a management accounting problem.) 10-4 Academic Advising at Bay State (Source: Janice E. Bell and Shahid L. Ansari, Strategic Finance, September 2008, pp. 44-51. Note: this case was the case used as the 2009 IMA Student Case Competition. The Student Case Competition is sponsored annually by the IMA to provide an opportunity for students to interpret, analyze, evaluate, synthesize, and communicate a solution to a management accounting problem.) Readings 10-1: “How to Set Up a Budgeting and Planning System” by Robert N. West and Amy M. Snyder, Management Accounting (January 1997), pp. 18-20, 22, 24. This article demonstrates the setting up of a budgeting and planning system for Penn Fuel Gas Inc., a public utility holding company that provides natural gas storage...
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