...Introduction Dell computers are the best example of carrying out direct sales business in today’s business world. The direct sales business of the firm has been made by possible by using internet and digital media. However there are many issues and concerns of the corporation which has been elaborated in detail in this report analysed from the provided case study. Some of these issues are related to analysing Dell digital strategy and finding out the methods to enhance this strategy so that organization can increase its performance. The kind of challenges and opportunities available in order to implement the digital strategy has been explained briefly in this report. This report elaborates in detail how the firm is using internet and digital technology to interact with its stake holders. The second last part of the report explains change in methods of communication in organization by digital technology. The last part of the report provides details and evaluation on the digital strategy success of the firm. Company Background Dell Computer was founded by Michael Dell in 1984, while he was a student at the University of Texas, Austin. Dell began by selling upgrades of IBM-compatible PCs and in 1985 began to sell its own brand of PCs. From the beginning, Dell operated on the direct sales model, taking orders over the phone and building PCs to the customers’ specifications. Dell entered the retail PC channel for several years in the early 1990s, but a downturn in business in 1993...
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...International Business the Globalization eBay Inc. is an American multinational internet consumer-to-consumer corporation, headquartered in San Jose, California. It was founded in 1995, and became a notable success story of the dot-com bubble; it is now a multi-billion dollar business with operations localized in over thirty countries. The company manages eBay.com, an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and services worldwide. eBay created an efficient distribution system that demanded virtually little supervision. Sellers paid eBay for the opportunity to design, set up, monitor, and supervise their particular auctions while buyers used eBay's software to search for products and place bids. After the auction clock ran out, the seller contacted the winning bidder to negotiate payment and shipping terms. For this matchmaking service, eBay charges between 7 and 18 percent of the closing auction price. In 1999, net revenues topped $225 million. By 2006, revenues grew to $6 billion with net income of $1.1 billion. The company projects revenue near $7.5 billion in 2007. To support interaction in the eBay community by providing a useful online platform to value-oriented buyers and sellers; to uphold the principles of trust and safety, guaranteeing low fraud losses and high transaction protection to its community; and to focus on market efficiency by delivering state-of-the-art information technology...
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...changes of globalization. Even though this term has been commonly used since the fifteenth century, it was not until late 1990s that globalization had a significant impact on human beings. The development of multinational corporations, international organizations, etc has changed the complexion of the world. Thanks to the continued advance of technology, transportation and communication, many countries in the world have changed stategies to integrate the environment of an intedependent economy, culture and society. Globalization affects many different aspects of individual’s life; especially, the Internet and the international market are among the most recognizable impacts, with both positive and negative sides. Internet is currently growing at a rapid rate more than ever before. In a recent survey conducted on Americans, it was revealed that people use Internet primarily to maintain social releationships. With the outbreak of Facebook, Twitter and many other social networks in recent years, people have more chances to extend their acquaintanceship by making friends around the world. It is the up-to-date characteristics of the Internet that create more opportunities for people to know faster what is happening around the world, even when it is unecessary to travel along. However, it shoud be noted that the dark side of the Internet also bring bad consequences with an increasing number of junk mails, harmful softwares or international defraudation, which aim to attack any individual...
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... 5.9.3 Buyer power……………………………………………………..8 5.9.4 Supplier power…………………………………………………..8 5.9.5 Threat of substitute………………………………………………8 5.9 PESTLE analysis to SBI…………………………………9 5.10.6 Political…………………………………………………………...9 5.10.7 Economical…………………………………………………….....9 5.10.8 Legal……………………………………………………………...9 5.10.9 Technological……………………………………………………10 5.10.10 Socio-culture & Environmental…………………………………10 Task-2 5. Global impact on making decision and police………10 6.10 Global trends in Banking……………………………….…...10 6.11 Internet banking……………………………………….…….11 6.12 Mobile banking...……………………………………………11 6. Technology management………………………………..11 7.13 Move to a new core system…………………………………..11 7.14 Challenge for bank …………………………………………..12 7.15 Vendor association selection…………………………………12 7.16 Affiliate Bank...
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...Information Security Challenge February 17, 2010 Information Security Challenges As the world becomes more saturated and dependent upon Information Access, increased opportunities await the criminal element to exploit. This creates new and more costly problem sets that must be mitigated in order to navigate in today’s business world. One of the larger challenges is, entering the criminal information market does not take an excessive capital investment. It simply requires a computer, online access and some talent. Potentiating this problem is the large legitimate market of information brokers that gather marked amounts of information today. This allows for the integration of legal identifiable information to augment those criminal activities. From far away places like Russia, Belarus and Nigeria, scores of criminal associations scour the Internet in search of information and opportunities to be used in identity theft, malware insertion or extortion through complete denial of service (DOS), (Higgins, 2008). The Bigger They are… the Harder They Fall Most of us have seen it in the news, “Veterans Administration loses Personally Identifiable Information (PII)”, “Bank of America (BOA) loses account numbers” etc… At first it seems minor but after investigation it turns out to be large amounts of PII lost (O’Brien, 2008). The criminals focus on big companies (mostly point of sale functions) as they are the slowest to adapt to change and they have the largest...
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...people to communicate with one another via Internet and e-mail. The following explains a study that addressed the effectiveness of e-mail and the Internet as international business communication teaching devices. Japanese students were paired with students in a business communication class in the U.S. Problem Teachers all around the world have one thing in common, and that is effectively making use of the always growing communication technologies. The problem is that over time, the technology has fallen short of what was expected. Teachers want to create the ultimate learning experience that grabs the attention of the students. On the upside, the internationalization of the classroom gives a good opportunity to use communication technology in the classroom. The question asked is, “Can e-mail and the Internet be used to create a real cross-cultural communication situation that is interactive and that challenges the students’ expectations and stereotypes” (Hilton & Kameda, Para 4, 1999). Method As mentioned before, a class of U.S. students was paired with a class of Japanese English students. The students were given 1 of 3 scenarios for which a response was to be written. These answers were then discussed via e-mail between the Japanese and English Communication Page 3 students. Observation and experimenting were both used to do this study. The experiment was setting up both classes to communicate over e-mail and internet. The observation was observing how the experiment...
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...September 14, 2xxx Brightcove Executive Team: I appreciate the opportunity to meet with you and discuss the many opportunities available to Brightcove. Through the interviews with key members of your organization and analysis of industry trends my team and has put together recommendations that will align with your business strategy. With the re-launch of the website, Brightcove has established itself as a leader in the future of Internet TV. Doing so has attracted significant investors who have financially backed the firm in its development of a multisided media distribution business. With fast paced industry and increasing competition the executive team is faced with the task of deciding where these funds should be allocated in order to provide the greatest return and maintain Brightcove’s leadership in the industry. Our recommendation is to split funds among the three projects: completing the full-service platform, building the media network, and expanding internationally. Please review the details of the analysis in our report below. Feel free to contact me if you have any questions or concerns. Regards, Sr. Consultant TechWave Consulting Background Information Brightcove was founded in 2004 by Jeremy Allaire and focused on building a full-featured Web-based software platform for video publishers of all levels. Jeremy Allaire has a full resume demonstrating his experience and success as and entrepreneur and a technologist. His desire...
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...Education has changed throughout time and will continue changing. With many changes for better or for worse, education will still be a priority for our children. After interviewing two teachers that have been in the education workforce for over twenty years, I realized how much change in society has affected the way teachers taught their students. The first teacher I interviewed had been teaching for twenty-five years and is a sixth grade teacher. She noted that any change in our culture has made a difference in her classroom. As part of the changes the role of schools and education will also be different both in the educational system and in the society. Together with them the role of teachers will also change. The way students are learning is changing therefore, the tools to accommodate these demands are changing as well. She commented that technology is now a great part of today’s education. She said its like an “explosion of technology” has hit our generation. Although she says that technology has brought many opportunities it has brought challenges as well. For example, it is an advantage for her to integrate computers in her classroom for learning. But it is a huge distraction when her students have cell phones and music player devices in class. She commented that “children in sixth grade shouldn’t even own cell phones.” They are too young to have cell phones and notices that twenty years ago, her students were not known to have such things. Technology is becoming more...
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...China and India: Opportunities and Challenges Evaluate the Evolving Balance of Economic Power Shift from the West to the East The last two decades there has been a visible shift in economic power from the West to the East. China and India are taking lead in as the economic power posing the weight and dynamism to transform the 21st-century global economy. Though the two have radically different economic strengths and weaknesses the two are expected to deliver a very high growth for decades (Cravens and Piercy, 2010). Since 1979, the two have had a steady and positive GDP curve with China average of 10.92 percent and India India average of 6.01 percent (Trading Economics, 2015). Factors such as outsourcing and education have played an important part in the two countries economic growth. In 2001, outsourcing to China and India have diminished American employment opportunities and cost America 3.2 million jobs (US News. 2014). Competition with low-wage workers from less-developed countries such as China and India has driven down wages for workers in U.S. manufacturing and reduced the wages and bargaining power of similar, non-college-educated workers throughout the economy. The United States graduates roughly 70,000 undergraduate engineers annually, whereas China graduates 600,000 and India 350,000 (Wadhwa, Gereffi, & Ong, 2004). US is concentrating mostly on finance and accounting while the two nations see growing in engineering or life science. According to...
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...eBay Inc. is an American multinational internet consumer-to-consumer corporation, headquartered in San Jose, California. It was founded in 1995, and became a notable success story of the dot-com bubble; it is now a multi-billion dollar business with operations localized in over thirty countries. The company manages eBay.com, an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and services worldwide. Case: The Globalization of eBay International Business the Globalization of eBay Case study I. Case Background eBay Inc. is an American multinational internet consumer-to-consumer corporation, headquartered in San Jose, California. It was founded in 1995, and became a notable success story of the dot-com bubble; it is now a multi-billion dollar business with operations localized in over thirty countries. The company manages eBay.com, an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and services worldwide. (Wikipedia) Operations eBay created an efficient distribution system that demanded virtually little supervision. Sellers paid eBay for the opportunity to design, set up, monitor, and supervise their particular auctions while buyers used eBay's software to search for products and place bids. After the auction clock ran out, the seller contacted the winning bidder to negotiate payment and shipping terms. For this matchmaking service, eBay charges between...
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...What is the macro and industry environment in the Southeast Asian region for the entrance of new budget airlines? What opportunities and challenges are associated with that environment? The environment for new entrants into the budget or low cost carriers market in the Southeast Asian region has become very competitive in the last few years despite the fact that the low cost carrier industry is still young. One of the most appealing aspects for operating a low cast carrier in Southeast Asia is the size of the market. Moreover, the untapped potential for growth in many countries within the region is great. As stated in the case study, some government regulations have been adjusted, lifted or cancelled and this has brought about a flood of new entrants. While government deregulation is viewed as good news, there are some limitations to the potential of intra-Asia flights. “A major disadvantage of the LCCs in Asia is the smaller geographic areas of domestic economies. As LCCs turn their attention to international routes for expansion opportunities, they would confront regulatory constraints applying in international markets.” (Zhang, 2008). This is key to the development and continued growth of the low cost carriers in Southeast Asia. There are also many challenges and pitfalls when it comes to running an airline, especially if the profit margins are thin. With any airline, be it full service carrier or a low cost carrier, fuel cost is always going to be at the top of the list...
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...I. GLOBALIZATION: OPPORTUNITIES AND CHALLENGES A. NEW FORCES DRIVING GLOBALIZATION any people consider globalization nothing new – societies have been interconnected for years. But globalization took different forms in the past and the contemporary conjuncture is new.1 The world has never experienced globalization at this level of intensity before or the speed at which it is transforming and integrating societies. There is no single, all-encompassing definition of globalization, notes Sen.2 Instead, it has become a broad heading for a multitude of global interactions, ranging from the expansion of cultural influences across borders to the enlargement of economic and business relations throughout the world. For the economist, globalization is essentially the emergence of a global market. For the historian, it is an epoch dominated by global capitalism. Sociologists see globalization as the celebration of diversity and the convergence of social preferences in matters of lifestyle and social values. To the political scientist, it represents the gradual erosion of State sovereignty. But disciplinespecific studies explain only a part of the phenomenon. From a multidisciplinary angle, globalization may be treated as a phenomenon, a philosophy and a process which affect human beings as profoundly as any previous event.3 Several factors have been responsible for this phenomenon. This study confines its attention to four growthenhancing facets of globalization that have been among its...
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...purchases at the point-of-sale, using a check card rather than cash, credit or a personal check. •Use a smart card with a prepaid amount of money embedded in it for use instead of cash at a pay phone, expressway road toll, or on college campuses at the library's photocopy machine or bookstores. •Use your computer and personal finance software to coordinate your total personal financial management process, integrating data and activities related to your income, spending, saving, investing, recordkeeping, bill-paying and taxes, along with basic financial analysis and decision making. VARIOUS FORMS OF E-BANKING: INTERNET BANKING: Internet Banking lets you handle many banking transactions via your personal computer. For instance, you may use your computer to view your account balance, request transfers between accounts, and pay bills electronically. Internet banking system and method in which a personal computer is connected...
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...purchases at the point-of-sale, using a check card rather than cash, credit or a personal check. •Use a smart card with a prepaid amount of money embedded in it for use instead of cash at a pay phone, expressway road toll, or on college campuses at the library's photocopy machine or bookstores. •Use your computer and personal finance software to coordinate your total personal financial management process, integrating data and activities related to your income, spending, saving, investing, recordkeeping, bill-paying and taxes, along with basic financial analysis and decision making. VARIOUS FORMS OF E-BANKING: INTERNET BANKING: Internet Banking lets you handle many banking transactions via your personal computer. For instance, you may use your computer to view your account balance, request transfers between accounts, and pay bills electronically. Internet banking system and method in which a personal computer is connected...
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...emerged as a major global source of both growth and employment. INDIA AND INFORMATION TECHNOLOGY INDUSTRY Information Technology is one of the most important industries in the Indian economy. The IT industry of India has registered huge growth in recent years. India's IT industry grew from 1.2% in 1997-1998 to 5.8% in 2007-2008. In the last ten years the Information Technology industry in India has grown at an average annual rate of 30%. The liberalization of the Indian economy in the early nineties has played a major role in the growth of the IT industry of India. Deregulation policies adopted by the Government of India have led to substantial domestic investment and inflow of foreign capital to this industry. In 1970, high import duties had forced IBM to leave India. However, after the early nineties, many multi national IT companies,...
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