...CIO header Logo MAGAZINE WHITE PAPERS EVENTS WEBINARS LOGIN JOIN NEWSCASE STUDIESOPINIONSSLIDESHOWSARTICLESCEO INTERVIEWSVIDEOSCIO INTERVIEWS MORE CIO.inNewsSPECIAL REPORT: Why Are Xiaomi Phones So Inexpensive? 3 inShare NEWS SPECIAL REPORT: Why Are Xiaomi Phones So Inexpensive? Added 19th May 2014 By Michael Kan SPECIAL-REPORT-Why-Are-Xiaomi-Phones-So-Inexpensive_300x225.jpg Chinese smartphone vendor Xiaomi has made a name for itself by selling iPhone-like gear for almost a third of the price of Apple products. It may sound too good to be true, but the company is managing to sell millions of phones and is already kicking off a global expansion. So how does it pull it off? For one thing, Xiaomi claims to price its phones just above their costs. But company officials also point to its iconoclastic business model, which eschews the financial burden of using traditional marketing and distribution practices, and relies on the Internet to fuel sales. It's made Xiaomi into a company that doesn't operate like a typical smartphone vendor, but still successful enough to become one of China's hottest tech firms. Disrupting the market When Xiaomi unveiled its first flagship Mi 1 phone in August 2011, attention was fixated on the device's price. Consumers could buy what was then a cutting-edge smartphone for 1,999 yuan (US$324). This was a major bargain compared to other high-end phones including the iPhone 4, which started at 4,999 yuan. Xiaomi maintained the initial...
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...Tasneem Shabbir 014101 Unit 6 Business Decision Making Project Report Table of Contents Information Processing Tools 3 Strategic, tactical and operational information 3 Examples of strategic, tactical and operational information relevant to a Banking sector 3 MIS and its relevance in an organization 4 Project plan for an activity and determine the critical path 5 Financial tools for decision making 5 Project Planning Steps 5 Bibliography 6 Information Processing Tools Strategic, tactical and operational information Strategic planning refers to the process through which an organization defines its strategy, allocate its resource and lead the direction that the company will follow to achieve its goals. Strategic Planning is the formal planning for the future and help the company to define: what we do? For whom we do it? How do we successes? Tactical Planning refers to the process of taking the strategic plan and divided into specific activities, short term actions and plans to achieve the planned objectives. Operational Planning refers to the action plan for the day-to-day functioning of an organization. It defines the short term methods to achieve the strategic objectives set while strategic planning is done. In other words, operation planning allows the company to determine how to do it. Examples of strategic, tactical and operational information relevant to a Banking sector Currently, organizations are in the race for enhancing their capability...
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...1. Executive Summary The report was conducted to analyze from marketing strategies perspective why Xiaomi has made such a big success in smart phone business since it was founded in 201, and to make some recommendations for its further success. The methods used in the report include external analysis (customer analysis, competitor analysis, market analysis and environmental analysis), internal analysis (performance analysis and determinants of strategic options) and analysis of strategic outputs. In addition, a survey which can be found in Appendix part was conducted in a focus group to help on the analysis. The results from the analysis tell that Xiaomi has attracted a large number of very loyal customers by very accurate segment target positioning, establish very concise brand image with very user friendly UI system, high performance hardware and very efficient on-line selling channel. On the other hand, more and more powerful bargaining power from its suppliers, heavy dependency on single marketing channel (online) and difficulties in establishing technical differentiation are the major threat or weaknesses Xiaomi is facing. Xiaomi has become a very successful smart phone producer and seller. It created a phenomenon in the market and now is the paradigm many market players try to copy. Therefore, to overcome its weaknesses and tackle the threats and to gain sustainable development of business, in the report, the following recommends have been discussed: Enhancing...
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...Xiaomi, Inc: The Rise of a Chinese Indigenous Competitor The document provides an in depth report on Xiaomi Inc, a multinational corporation based in Beijing, China. Xiaomi is a privately owned Chinese electronics company founded by Lei Jun and several partners in 2010, and which has now grown to be the world’s third largest smartphone distributor. Xiaomi exploded on to the mobile phone scene while Apple Inc. and Samsung were battling for dominance in the Chinese market. When the company was founded its main objection was to develop and sell software for mobile devices using the Android operating system, since then the company has evolved into what it is today in a steady running behind Apple and Samsung. Xiaomi’s imitation of Apple Inc Xiaomi has been dubbed the Apple Inc. of China and rightfully so not only does the mimic Apple from the corporation aspect but its founder is inspired by the Apple founder Steve Jobs. Lei, Xiaomi's Founder, Chairman and CEO has often been referred to as the Steve Jobs of China and even fashions himself after the late founder. His attire is the simple black shirts and blue jeans emulating Jobs, who he has admired since his college days. Also like Jobs, he has been called a shameless self-promoter and supreme marketer--characteristics that are thought to partially explain his company's success in China. Another example of Xiaomi modeling itself after Apple is the MIUI firmware. This is said to be a direct copy of Apple’s iOS system but Xiaomi...
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...Executive Summary Originally, data and information was intensively collected manually and periodically due to the volume. With the help of information systems, such intensive manual labor in my opinion is now almost a thing of the past. This is not to say that there are still no data or information that will need to be gathered manually. In this information age of ours, a period when information is power, technology is such an important part of most organizations. The use of technology is not only limited to technology companies to operate effectively as almost all organizations; small and large, struggles with the management of information systems on a daily basis in one way or another. Management information system is “both a business discipline that deals with the use of information technology—or computers, computer technology, or simply technology—and an academic field of study” (http://highered.mcgraw-hill.com/). With the amount of information in existence today, Information systems have become a part of us. An information management system provides information that is necessary to the effective and efficient management of an organization, its activities and its people. Managers and senior level management must be able to first understand their organization before they can decide which information system will best suit their purpose and help in the achievement of their organizational goals and objectives. This means that information systems obtained in...
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...Apple: Top of Their Class Executive Summary: This paper will examine the ever-popular company, Apple Inc. It will take a look at a case that examines their products and productivity. Apple uses many business activities that help them be at the top of their field. They concentrate so much on customer satisfaction and created their own competitive advantage. The numbers alone will blow anyone out of the water. And the way they do it, which is why they are at the top. Introduction: Apple Computer Inc. is one of the biggest and most lucrative companies in the world. They bring out every part of the word innovation. Apple is always looking at satisfying their customers and continues to dominate in the technology world. It is crazy to think that Apple was on the verge of bankruptcy not too long ago. Now, according to consumer reports, they are on top in regards to reliability and consumer satisfaction. Alan Marsden has said that Apple has cemented its place among the world’s leading companies. (2011, p.45) “Apple designs Macs, the best personal computers in the world, along with OS X, iLife , iWorks and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple is reinventing the mobile phone with its revolutionary iPhone and App Store, and has recently introduced its magical iPad, which is defining the future of mobile media and computing devices.” (2011, 45) Competitive Advantage: At the end of Chapter 1 in Business...
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...MANAGEMENT INFORMATION SYSTEMS: BUSINESS DRIVEN mis INFORMATION IS EVERYWHERE. INFORMATION IS A STRATEGIC ASSET. WITHOUT INFORMATION, AN ORGANIZATION SIMPLY COULD NOT OPERATE. THIS CHAPTER INTRODUCES STUDENTS TO SEVERAL CORE BUSINESS STRATEGIES THAT FOCUS ON USING INFORMATION TO GAIN A COMPETITIVE ADVANTAGE, INCLUDING: • The core drivers of the information age • Data, information, business intelligence, knowledge • Systems thinking • Competitive advantages • Porter’s Five Forces model • Porter’s three generic strategies • Value chain analysis Many of these concepts and strategies will be new to your students. Be sure to explain to your students that this chapter offers an introduction to these concepts and they will gain a solid understanding of the details of these concepts as they continue reading the text. SECTION 1.1 – BUSINESS DRIVEN MIS Competing in the Information Age The Challenge: Departmental Companies The Solution: Management Information Systems SECTION 1.2 – BUSINESS STRATEGY Identifying Competitive Advantages The Five Forces Model – Evaluating Industry Attractiveness The Three Generic Strategies – Choosing a Business Focus Value Chain Analysis – Executing Business Strategies | | |SECTION 1.1 ...
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.................. 13 4.1 4.2 4.3 4.3.1 4.3.2 4.4 4.4.1 4.4.2 4.4.3 4.4.4 4.4.5 4.4.6 4.4.7 5 O Mercado ..................................................................................................................................... 13 Concorrência .................................................................................................................................. 14 Segmentação ................................................................................................................................. 15 A serie Mi (FlagShip) .............................................................................................................. 15 A Serie HongMi (Low Budget) ............................................................................................... 15 Produtos......................................................................................................................................... 16 Smartphones Serie Mi ........................................................................................................... 16 MIUI (sistema operativo)...
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... less than $ 1,000(‘97), 45.5% of household in the USA(’98), etc. Declined PC prices (numerous global manufacturers) - Housing, keyboard, monitor, modem, etc. - Microprocessor (Intel, 80~90%) ☞ Sub-$1,000 market by AMD (50%) Soft Ware ⇒ Bundled PC - Operating system : Windows - Application s/w : office productivity applications Large & midsize businesses, governments - MIS Dept. (highly knowledgeable staffs) Small business and offices - Lacked MIS staffs (reliability, performance, brand, etc.) Individual consumers - Independent org. such as Consumer Reports ※ Sensitive to price and brand name Educational institutions (3~6%) C. Customers U.S. PC Sales (’97) 32.7% 3.6% 39.8% Large/Mid Small Home Education 24.0% 2. Why do you think it become this way ? (2) D. Channel Retailers (Circuit city, CompUSA 14.1% margin, etc) Distributors (Ingram Micro 5~7% margin) Integrated resellers (MicroAge, Vanstar) Direct distribution (telephone, Internet, shipper) E. Manufacturing Basic assembly-line techniques The Cost at $1,000 Components prices declined by 25~30% - Roughly 1% per week (‘98) Apple, HP, IBM - 2~3% of sales on advertising - 25,000 sales staffs of IBM White-box PCs - No AD. & nonexistent sales forces ☞ North America 23%, Europe & Asia 50%, China 90% F. Marketing 3. What were the key success factors for Dell’s success ? (1) D/M and On-line Performance Metrics Strong A/S 6 KSFs High-Tec., Low Price Customization JIT 3. What were the key...
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...With the rise of the importance of information and of information technology, the range of career opportunities for IS managers has expanded. To illustrate the variety of jobs running in MIS and the importance of IS to other career paths, I have listed four job openings in MIS and four other ones in Accounting, which is an area that heavily relies on information systems. Careers in MIS Job title: Software quality assurance analyst Skills and knowledge requirements: • Education: Completion of high school, completion of college/CEGEP/vocational or technical training • Experience: 3 years to less than 5 years • Languages: Speak English, read English, write English • Specific skills: Confer with clients to identify and document requirements, conduct business and technical studies, design, develop and implement information systems business solutions, provide advice on information systems strategy, policy, management and service delivery, develop and implement policies and procedures throughout the software development life cycle, conduct reviews to assess quality assurance practices • Computer and technology knowledge: Windows, Intranet, Internet, Multimedia software, Word processing software, Spreadsheet software, Presentation software, Office suites, Electronic mailing software • Work conditions and physical capabilities: Fast-paced environment, work under pressure, tight deadlines, repetitive tasks, attention to detail, combination of sitting, standing, walking • Essential...
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...communicating it to the people. Hence, a major portion of the overheads go into this kind of unproductive work in the organization. Every individual in an organization is continuously looking for some information which is needed to perform his/her task. Hence, the information is people-oriented and it varies with the nature of the people in the organizationwhich is outlined in this courses. Benefits: * Management Information Systems - Concept * Management Process * Information Concepts * Development of Plans of the MIS * Database and Enterprise Management Systems INTRODUCTION TO MANAGEMENT INFORMATION SYSTEMS Management Information Systems - Concept The concept of the MIS has evolved over a period of time comprising many different facets of the organizational functions. MIS is necessity of all the organizations. The initial concept of MIS was to process data from the organization and present it in the form of reports as regular intervals. The system was largely capable of handling the data from collection to processing. It was more impersonal, requiring each individual to pick and choose the processed data and use it for his requirements. This concept was further modified when a distinction was made between data and information. The information is a product of an analysis of data. This concept is similar to a raw material and the finished product. What is needed is information and not a mass of data. However, the data can be analyzed in a...
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...Apple Corporation: Strategy Analysis Executive summary Apple Corporation continues to be the worlds most admired company because of its huge financial base, ability to attract and retain customers, ability to innovate and to produce technologically superior products. The company’s strategy as found in this report is built around creativity and innovation. Its capabilities in terms of resources and technology have made the company to produce technologically advanced products. Despite the huge influence of the external factors such as regulations, the economy and changes in technology, Apple is still strong and able to leverage its capabilities to achieve success. Apple is thus strategically positioned to achieve its objectives despite a few challenges that were identified that pose a threat to the company. Overall, its future direction should be guided by innovation and its ability to diversify its activities and products in order to extend its product line in order to survive. Introduction The 21st century has witnessed a rapid change in the way companies do business and the rationale for this is the cut throat competition among firms. The need to make profits and to gain market share has driven these companies to enact strategies that have led them to perform better (Vernon, 2001). This is not always the same with all companies as performance varies across these companies and this could be explained by the different strategies that they have adopted (Francis, 2010)...
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...Background……………………………………………………..2 1.2 Discovery……………………………………………………….2 1.3 Product Overview……………………………………………….3 2.0 Product Review………………………………………………………...4 2.1 Process Flow…………………………………………………….5 3.0 System Integration……………………………………………………..6 3.1 Current System………………………..………………………...6 3.2 Compatibility Issues…………………………………………….7 3.3 Decision-Making Support Models………………………………7 3.4 Advantages and Disadvantages………………………………….7 3.5 Implementation Process…………………………………………8 4.0 Component Design……………………………………………………...8 4.1 Hardware Components…………………………………………..9 4.1.1 Databases…………………………………………….9 4.1.2 Communication Devices……………………………..9 4.1.3 Intranet and Wi-Fi……………………………………9 4.2 Software Components……………………………………………9 4.2.1 Vetport and MIS Software……………………………9 4.3 System Maintenance…………………………………………….10 4.4 Cost Analysis……………………………………………………10 4.4.1 New Hardware and Software Cost………………….10 4.4.2 Total Annual Budget Comparison…………………..11 4.5 Security………………………………………………………….11 4.6 Organizational Culture………………………………………….11 5.0 Measurement…………………………………………………………...12 5.1 Staffing and Record Keeping……………………………………12 5.2 Cost Benefit Comparison………………………………………..12 5.3 Return on Investment……………………………………………13 Table of Figures Figure 1 - Database and Information Flow Diagram 5 Figure 2 - Communication and Entity Processes for one unit. 6 Figure 3 - Current System CVAA 7 Figure 4 - Wiki open source picture of OBD 10 References.............15 1.0 Introduction A merger...
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...Essay Maximizing shareholder value versus meeting the needs of all stakeholders. I did not grow up in New England and have only lived here for 10 years so Market Basket was relatively new to me. I certainly didn’t know about the higher wages and benefits the employees have enjoyed nor the family dynamics that operated within the company. It does seem odd that a company could have 2 cousins with the same first and last name wrestling for control of a multigenerational business, but truth can be stranger than fiction. After reading the article and watching the video, it reminded me that the Market Basket battle played out right here in our local community. In particular I remember going into the Market Basket in New Bedford last summer and seeing all the shelves barely stocked and speaking with a few employees about their fervent support of the ousted CEO. As an aside, we have many Market Basket employees that receive their medical care throughout the Southcoast system so I certain can see the interconnectivity between a corporation and the community. It’s been my experience that there are quite a few companies that do believe in meeting the needs of stakeholders and not just shareholder value. One in particular was Anheuser-Busch. When I lived in St. Louis, AB was an integral part of the community and its offices and original brewery anchored the southern section of the city. They paid higher wages, had generous benefits and even allotted 2 cases of beer per week to...
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...Hall Chestnut Hill, MA 02467 www.intasc.org Assessing Effects of Technology on Learning: Limitations of Today’s Standardized Tests Michael Russell & Jennifer Higgins Technology and Assessment Study Collaborative Boston College Released August 2003 Michael K. Russell, Project Director/Boston College Copyright © 2003 Technology and Assessment Study Collaborative, Boston College Supported under the Field Initiated Study Grant Program, PR/Award Number R305T010065, as administered by the Office of Educational Research and Improvement, U.S. Department of Education. The findings and opinions expressed in this report do not reflect the positions or policies of the Office of Educational Research and Improvement, or the U.S. Department of Education. Assessing Effects of Technology on Learning: Limitations of Today’s Standardized Tests Michael Russell & Jennifer Higgins Technology and Assessment Study Collaborative Boston College Over the past decade, students’ use of computers has increased sharply, particularly for writing and research (Becker, 1999; Russell, O’Brien, Bebell, & O’Dwyer, 2003). At the same time, the use of large-scale tests to make deci- sions about schools and students has exploded. But, in addition to making decisions about students and their...
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