...oDesk: Changing how the world works. Business strategy of oDesk (best described in the case) as “remote employment”, a unique employment model that combines aspects of the more traditional models of local employment, local staffing forms and traditional outsourcing. Three strategies to choose: 1) Increase oDesk’s target market from small-medium businesses to large firms 2) Expand the expertise and skills of its contractor base in order to meet a wider range of employer needs 3) Develop oDesk’s global capabilities in order to move from primarily domestic-offshore outsourcing relationships, connecting U.S. businesses with international contractors, to offshore-offshore relationships, connecting global businesses with global contractors. Which option would make oDesk most successful in their market? Strengths | Weaknesses | * The company is cost-conscious * The company is very inventive and keep to achieve their objectives * oDesk offers additional services than their competitors + oDesk focuses on time-based contracts ( see definition in the case ) * oDesk policy is to provide only factual information on its Contractors. * oDesk online platform include payment functionality as well as move towards the worker classification and relates tax services. * oDesk is expanding beyond the area of computer programming, to include technical writing, design, data entry and other related areas. * oDesk is different in the ways of working., e.g...
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...'Sucessful Crowdfunding campaign’ Introduction: Crowdsourcing: Crowdsourcing emerges as a new paradigm of organization used by companies to reach out to distributed talent in the context of a globally interconnected society (Villarroel et al 2007, 2011a, 2011b). Although the term “crowdsourcing” is relatively new (Howe 2006), and it has only received theoretical attention by management academics in recent years (Geerts, 2009) (Malone, et al., 2010), crowdsourcing initiatives led by companies have over two decades of existence, finding roots in the software industry (von Hippel & von Krog, 2003). Crowdsourcing offers a new business model that allows companies to gather faster and at a lower cost, the knowledge distributed among the population, specific to each one of us, the knowledge of time and place. (Hayek, 1945) (Schenk & Guittard, 2011)(Villarroel 2008, 2011c; Villarroel & Taylor 2007). (Malone, et al., 2010) Even though crowdsourcing is emerging recently to the understanding of a wider audience, it has stuck the eye of a few lecturers as early as 1998, whilst Thomas Malone and Robert Laubacher, noticed the organizational changes in motion and expected long term consequences (Malone & Laubacher, 1998). The Linux case has highlighted these new flexible businesses which might be assembled at some point of the initiatives and then are dissolved once the venture is done so staff can then seek for long term projects to paintings on. (Malone & Laubacher, 1998) This new...
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...multiple networks and the need for Internet Service Providers (ISP) in the late 1980’s. To say that this industry has had exponential growth is an understatement. The invention of the World Wide Web brought us into the modern Internet. No longer is it a solely a means of transporting messages. In the 1990’s it became widely known as the information superhighway. Vast amounts of information combined with the development of the search engine made the Internet a powerful resource. Meanwhile, exponential technology developments made it possible for virtually all households to own a personal computer. In the mid 1990’s electronic retail, now commonly called ecommerce, began to take hold. Companies like Amazon and EBay developed their online shopping retails with limited products and the prediction that online retail would have a growth rate of 2000% (Stone, 2013). Online purchasing continued to grow and develop in everyday consumer transactions like online banking, purchases, and video streaming. The next paradigm shift in this digital revolution came in the 2000’s with the cell phone becoming common place among all demographics. Mergers and acquisitions changed the infrastructure and paved the way for the next development. By the 2010’s smart phones combined the communications world with desktop computing and consumers could make purchases with as little as...
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...Advances in technology have been a driving force in these movements. A new wave of outsourcing, often referred to as “land grabs” has been increasing in popularity. A World of Outsourcing At the heart of most successful companies you’ll see a growing movement toward outsourcing. Business outsourcing can best be defined as: The contracting or subcontracting of noncore activities to free up cash, personnel, time, and facilities for activities in which a company holds competitive advantage. Outsourcing is often an integral part of downsizing or reengineering. Also called contracting out ("Outsourcing," n.d.) At one time, the United States thrived in manufacturing but little by little those jobs have been eliminated or moved overseas. This is evident by the abandoned manufacturing facilities scattered through-out the country. Manufacturing jobs are not the only functions that have been outsourced. So, why do we outsource and which key business functions have been moved off-shore? The Beginning of Outsourcing Outsourcing was officially recognized as a viable business strategy in 1989. At that time, the primary focus was on IT and telecommunications functions. Organizations recognized true cost savings by turning to outside suppliers to provide these services. As we progressed into the 1990’s, the World Wide Web took us to a whole new level. Businesses started to evaluate areas of their organization, not specifically related to the core business,...
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...Working Together from Afar A Study on the Effectiveness of the Communication Strategies and Flow used in a Virtual Office By Patricia Camille C. Duremdes Submitted December 13, 2014 to Dr. Rosario M. Baria Abstract Communication is important in any group that has a common goal (Simon, 1976). It is a requirement in a situation where people with different tasks have to coordinate to work as one. While achieving effective communication is relatively easy in a traditional organization, organizations that exist in cyberspace have to find alternative ways to communicate effectively due to the limitations caused by the long distances between the members. This study was conducted to find out whether or not the communication within a virtual writing service of 14 workers is effective. The study used both qualitative and quantitative methods in gathering information. Information about the virtual office’s communication strategies and flow were obtained through first-hand observation, while the effectiveness of communication was determined through questionnaire results. The results indicated that the communication strategies and flow used in the office were effective, as a vast majority of the respondents had positive views on the communication within their office. TABLE OF CONTENTS CHAPTER I Introduction Importance of the Study Purpose of the Study Limitations of the Study Definition of Terms 1 2 2 3 3 CHAPTER II Review of Related Studies 5 CHAPTER III Methodology 9 CHAPTER...
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...------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- Debit card A debit card (also known as a bank card or check card) is a plastic card that provides the cardholder electronic access to his or her bank account/s at a financial institution. Some cards have a stored value against which a payment is made, while most relay a message to the cardholder's bank to withdraw funds from a designated account in favor of the payee's designated bank account. The card can be used as an alternative payment method to cash when making purchases. In some cases, the cards are designed exclusively for use on the Internet, and so there is no physical card.[1][2] In many countries the use of debit cards has become so widespread that their volume of use has overtaken or entirely replaced the check and, in some instances, cash transactions. Like credit cards, debit cards are used widely for telephone and Internet purchases. However, unlike credit cards, the funds paid using a debit card are transferred immediately from the bearer's bank account, instead of having the bearer pay back the money at a later date. Debit cards usually also allow for instant withdrawal of cash, acting as the ATM card for withdrawing cash and as a check guarantee card. Merchants may also offer cashback facilities to customers, where a customer can withdraw cash along...
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...BANGLADESH TRADE POLICY SUPPORT PROGRAMME Comprehensive Trade Policy Of Bangladesh - Draft Final, 15.09.14 - Trade Policy Support Programme (TPSP) Project Task Force – HAK Tower (2nd floor) 3/C-1 Karwan Bazar, Dhaka 1215, Bangladesh 0 BANGLADESH TRADE POLICY SUPPORT PROGRAMME TABLE OF CONTENTS List of Abbreviations ........................................................................................................................ 6 Preamble ....................................................................................................................................... 10 Chapter 1: Rationale, Objectives and Constituents ..................................................................... 11 1.1 Rationale .............................................................................................................................. 11 1.2 Objectives ............................................................................................................................ 14 1.3 Constituents............................................................................................................... 16 1.3.1 Trade in Goods....................................................................................................... 16 1.3.2 Trade in Services and Investment.......................................................................... 17 1.3.3 Behind the Border Policies ....................................................................................
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...info www.it-ebooks.info Praise “A must-read resource for anyone who is serious about embracing the opportunity of big data.” — Craig Vaughan Global Vice President at SAP “This timely book says out loud what has finally become apparent: in the modern world, Data is Business, and you can no longer think business without thinking data. Read this book and you will understand the Science behind thinking data.” — Ron Bekkerman Chief Data Officer at Carmel Ventures “A great book for business managers who lead or interact with data scientists, who wish to better understand the principals and algorithms available without the technical details of single-disciplinary books.” — Ronny Kohavi Partner Architect at Microsoft Online Services Division “Provost and Fawcett have distilled their mastery of both the art and science of real-world data analysis into an unrivalled introduction to the field.” —Geoff Webb Editor-in-Chief of Data Mining and Knowledge Discovery Journal “I would love it if everyone I had to work with had read this book.” — Claudia Perlich Chief Scientist of M6D (Media6Degrees) and Advertising Research Foundation Innovation Award Grand Winner (2013) www.it-ebooks.info “A foundational piece in the fast developing world of Data Science. A must read for anyone interested in the Big Data revolution." —Justin Gapper Business Unit Analytics Manager at Teledyne Scientific and Imaging “The authors, both renowned experts in data science before it had a name, have taken a complex...
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