...Within this paper two companies will be discussed concerning their business decisions of diversification. The first company, Circuit City, was unsuccessful at broadening their business, and eventually had to shut down the business. The other company, Canon, was successful at broadening their brand and scope of the business. This paper will compare and contrast their businesses, outcomes and reasons for the differences. Circuit City was established by Samuel S. Wurtzel in 1949 as the Wards Co. that sold Televisions and home appliances. Over the course of time, it expanded into a national retail powerhouse that rebranded itself Circuit City in 1984. When the store was still operating, it was the “nation’s second-largest consumer electronic retailer” (Mui, 2008, p.D1). When it closed in January 16, 2009, it had 567 stores to close and 34,000 employees out of work. (Haynes, 2009, p.D1). In 2007, the company “posted nearly $320 million in losses, its second consecutive annual shortfall. (Mui, 2008, p.D.1) In 2008, the companies “most recent quarterly showed that it had assets of $3.4 billion with $2.3 billion in liabilities.” (Mui, 2008, p.D1). Circuit City did not have much of an international presence, but it did have stores in Canada which did not account for much of its business. In the economic downturn, “Circuit City neglected to improve its web presence, just as other on-line retailers like Amazon.com were hitting their stride” (Hamilton, 2008). The Circuit City...
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...Life Span Perspective Paper PSY/375 Shamous Jordan 10/14/2013 Heather Harrison, Ph.D. Historically, the philosophy of human development has stemmed from the Biblical understanding of original sin, Jean-Jacques Rousseau’s intimations of innate goodness, and John Locke’s postulation that we are born with a psychological blank slate (Boyd & Bee, 2006). However, in the 19th century the study of human development was given legs to its already well-defined frame in the form of the theory of evolution, as put forth by Charles Darwin. With the idea of evolutionary stages in place, G. Stanley Hall of Clark University was able to formulate his theory of norms, which hypothesize that human development can be segregated into identifiable phases, and Arnold Gesell was able to suggest his theory of maturation, which was largely dependent on genetic predisposition. From these beginnings the lifespan development perspective of human psychology has been largely concerned with the physiological, psychological, cultural, genetic, and environmental context of individual human development from conception to old age (Baltes & Staudinger, 1999; Boyd & Bee, 2006). Moreover, the lifespan perspective (LSP) of development can be put into context through the models of both human development domains and developmental periods, the major characteristics of LSP, and the contemporary concerns about LSP. LSP is concerned with three separate, but principally overlapping, domains of human...
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...Allows for optimal use of land. * Reduces maintenance effort as trees have faster growth rates and are more competitive. (Mbora et al. 2009) Types of seedling root distortions that can develop in containers, and their causes There are two main causes for root distortions in container grown trees; plant handling techniques used at nurseries during the propagation phase, and the container design which affects root growth and architecture (Moore 2001). Kinked roots/ J-rooting: Angular distortions of more than 90 degrees in the main roots, just below the surface. This type of root distortion occurs due to lack of care when inserting a struck cutting or seedling into a dibbled hole. It can have serious structural consequences, such as the weakening of the trunk/root interface, increasing the tree’s susceptibility to wind breakage. In extreme cases J-roots can cause the tree trunk to lie in the soil whereby the stem can fall out several years after planting (Moore 2001; Thomas et al. 2008). J-rooting contributes...
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...Business Models for Internet Based E-Commerce B Mahadevan Introduction The meteoric growth of Internet based E-commerce at the turn of the last century is truly baffling. During the last one decade, this market space has grown in several directions. In its first generation, it saw the emergence of portals and search engines. However, in due course more and more organisations began to cater to the Business to Customer (B2C) market. In the last two years, there is significant growth in the Business to Business (B2B) segment. As several organisations began to operate in the Internet market space, they innovated unique propositions to create value in the process. These were either not found or difficult to replicate in the traditional brick and mortar operation. This course will help the students understand these unique propositions in a unified framework. The framework is collectively referred to as "Business Models". An Internet based business has several dimensions: · · · · the technology aspect primarily comprising of telecommunication, networking and other infrastructure issues the software domain that includes programming languages, web page design, customer interface and transactions management, security and privacy management, and large scale data mining the management aspect that deals with the business strategies for value creation, growth and customer development and retention the statutory and legal dimension that addresses various cyber laws dealing with security...
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...it, students would also be encouraged to build a relationship with oneself, requisite for self discovery. To this end, the course emphasizes on building the conceptual foundations and acquiring psychological skills through classroom teaching/learning consisting of reflective as well as creative engagement in exercises, projects and hands on experiences. The teaching-learning of the programme would be organized through lectures, group discussions, experiential exercises, group projects, presentations, workshops and seminars. Students would be encouraged to connect to real life issues and participate in the programs and practices in the different social context. To this end practicum is incorporated as an important component in most of the papers with hands on training in the use of various research methods such as: laboratory experiments, field experiments, observation, testing, survey, interview, case study. The programme has three components i.e. Discipline 1(DC1), Discipline 2 (DC2) and Application courses (AC). While in DC 1 practicum is a key component, AC follows a modular pattern where hands on training will be provided for developing psychological skills and their applications. Every semester, teaching will be spread over 16 weeks, including 2 weeks for review. Teaching of DC 1 and...
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...Life Span Perspective Paper Historically, the philosophy of human development has stemmed from the Biblical understanding of original sin, Jean-Jacques Rousseau’s intimations of innate goodness, and John Locke’s postulation that we are born with a psychological blank slate (Boyd & Bee, 2006). However, in the 19th century the study of human development was given legs to its already well-defined frame in the form of the theory of evolution, as put forth by Charles Darwin. With the idea of evolutionary stages in place, G. Stanley Hall of Clark University was able to formulate his theory of norms, which hypothesize that human development can be segregated into identifiable phases, and Arnold Gesell was able to suggest his theory of maturation, which was largely dependent on genetic predisposition. From these beginnings the lifespan development perspective of human psychology has been largely concerned with the physiological, psychological, cultural, genetic, and environmental context of individual human development from conception to old age (Baltes & Staudinger, 1999; Boyd & Bee, 2006). Moreover, the lifespan perspective (LSP) of development can be put into context through the models of both human development domains and developmental periods, the major characteristics of LSP, and the contemporary concerns about LSP. Human Development Domains LSP is concerned with three separate, but principally overlapping, domains of human development: physical domain (ontogenesis)...
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...Over the last forty years this country has seen an increase in corruption and greed both within the corporate world as well as within our own government. Since that time Whistleblowing, or the deliberate non-obligatory act of disclosure, which gets onto public record and is made by a person who has or had privileged access to data or information of an organization, about non-trivial illegality or other wrongdoing whether actual, suspected or anticipated which implicates and is under control of that organization, to an external entity having potential to rectify the wrongdoing.1 Both federal and state statutes and regulations have been created to protect these individuals from various forms of retaliation. Even without a statute, numerous decisions encourage and protect whistleblowing on grounds of public policy. While many of us can see the criminal and political ramifications of whistleblowing there is still one area that can often be seen as a more personal one…that of the ethical debate. As stated in Lars Lindblom’s article Dissolving the Moral Dilemma of Whistleblowing, “The ethical debate on whistleblowing concerns centrally the conflict between the right to political free speech and the duty of loyalty to the organization where one works.”2 The political philosophy of John Rawls that can be applied to this dilemma, show that the requirement of loyalty, in the sense that is needed to create the moral dilemma of whistleblowing, is inconsistent with that theory....
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...Consumer Traits and Behaviors Paper and Presentation References September 16, 2013 PSY 322 Professor Susan Rusnak Exploring the Trait of Competitiveness and Its Consumer Behavior Consequences Competition is a major issue here within society of the United States and so in this capitalistic system, there is a steady competition in a capitalistic system competing against each other in a free market. In a legal system, plaintiffs and defendants constantly compete against each other to win the verdicts of juries and judges. Competition occurs within consumer behavior. People are so competitive when it comes to sports and games, they even have food competitions. Competitiveness can lead to strange behaviors. Trait of competitiveness can lead to strange behaviors and has also been recognized as “the enjoyment of interpersonal competition and the desire to win and be better than others” (Spence & Helmreich, 1983, p.41). Background theory four levels are labeled elemental traits, compound traits, situational traits, and surface traits. Elemental Traits are the basic and enduring cross-situational predispositions. Five of the eight elemental traits are openness to experience, conscientiousness, extroversion (measured as introversion), agreeableness, and emotional instability. If you are using the evolutionary perspective, three additional elemental traits are proposed: the need for body resources, material resources, and arousal. The eight elemental traits in a series...
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...Module Title: Logistics Coursework title: Enterprise-wide systems and Supply Chain Management Professor: Fotis Missopoulos Student: Marigona Bajrami November 2012 Abstract Nowadays, the implementation of new technologies is considered as a need for companies in order to succeed in a high competitive business market. In this regard, the Enterprise Resource Planning (ERP) systems provide support and benefits within many business processes of companies. The implementation of ERP has been successfully adopted by numerous companies all around the world. This paper focuses on the benefits that ERP systems provide in supply chain management of companies and how it affects their performance. Generally, based on the literature review different benefits and challenges are discussed. Nevertheless, a case study of an engineering company known as MAE will be examined to identify the benefits that the company has gained with the implementation of ERP systems and how the implementations has affected their business performance. Table of context: Introduction...............................................................................................................................4 Literature Review..............................................................................................................5-8 Case Study.................................
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...What is hypnosis? Aileen McCartney Hypnotherapy and Counselling Skills – Year One - Module One MAIDS1A 12 Word Count: 1984 Tutor: Karen Martin Hypnosis is a well known subject to most people, very often through the drama of the stage or television hypnotist. However, the hypnotic trance is a natural phenomenon that most people will have experienced personally, whether aware of it at the time or not. An example of this might be driving a car along a regular route and arriving at the destination with no memory of the journey, having performed the activity safely and reliably while in another sense being quite detached from the experience. This altered level of consciousness is the starting point for the hypnotic process through an induction which focuses on relaxation, inner experiences, feelings and imagery (Heap & Naish, 2012: 7). It is generally accepted that hypnosis is a different experience to that of being awake or being asleep but debate remains over its true nature within academic and scientific circles (Karle & Boys, 2010:14). This essay will discuss the nature of hypnosis, focusing on the psychological and physical aspects while touching on the role of relaxation. Hypnosis is a complex psychological phenomenon and one which is difficult to find an agreed definition for. Indeed the American Psychological Association definition of hypnosis in 2003 is almost 300 words long but centres around hypnosis being a procedure of suggestions where...
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...Contemporary Islamic Finance and Wealth Management): 98-102, 2013; ISSN 1990-9233 © IDOSI Publications, 2013 DOI: 10.5829/idosi.mejsr.2013.13.1888 The Concept and Challenges of Islamic Pawn Broking (Ar-Rahnu) 1 S. Hisham, 1S. Abdul Shukor, 1A.B. Ummi Salwa and 2Kamaruzaman Jusoff 1 Faculty of Economics and Muamalat, Universiti Sains Islam Malaysia, 71800 Bandar Baru Nilai, Negeri Sembilan, Malaysia 2 Department of Forest Production, Faculty of Forestry, Universiti Putra Malaysia, 43400 UPM Serdang, Selangor, Malaysia Abstract: The introduction of Islamic pawn broking (Ar-Rahnu) in Malaysia is seen as a new micro credit instrument. This paper aims to provide a review on Ar-Rahnu’s concept and challenges faced by Islamic pawn shops in Malaysia. The study employs library and archive research to achieve the objectives of the paper. Islamic pawn broking consists of four basic concepts namely Qardhul Hasan, Ar-Rahnu, Al-Wadi'ah and Al-Ujrah. The Islamic pawn broking have several advantages over conventional pawn broking because it provides a cheaper way to obtain financing and is free from interest. In addition, assets pawned are guaranteed to be kept safely and there is a fair practice in auctioning and bidding. In addition, Ar-Rahnu also helps finance educational needs and provides capital to small businesses and entrepreneurs. It implies that this instrument will help the community to increase economic capability of their families. Future research should study effective...
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...SYTEMS AND OPERATIONS Introduction Operations and Systems SSM Recomandations Management Issues REPORT THAT ANALYSES THE SYSTEMS AND OPERATIONS MANAGEMENT PRACTICES AT ATOKOWA ORGANISATION (SUPPLIED) WITH RECOMMENDATIONS TO IMPROVE THEIR BUSINESS To :Jonothan Atokowa Analysis of Current Systems and Operations Business process mapping is defining exactly what an organisation does, who is in charge to what standard a process will be completes and how successful the business process can be determined. It will help understand the strengths and weaknesses within the existing process and help improve productivity increase efficiency , reduce errors and stimulate sales revenue. Process identification at Atokowa Description of Activity Atokowa retail outlet -Product scanned into Epos system | | Products are totalled | | Payment is taken | | Written in transaction table | | Decremented in stocks table | | Review of daily reorder report | | Delivery request | | (Melbourne )Warehouse,process ofr delivery request | | Purchase of supplies/ products from China | | Purchase of products from Hong Kong | | Table 1 The transactions table in the ASIS MS Access database serves almost the same purpose as the Table stocks, combining the two in to one could make the process faster and easier to understand. The system creates...
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...According to the Beyond Budgeting by Hope & Fraser, they defined budget as the “year-end profit forecasts”. Budgets have been using by companies for years since decades ago as a tool for management to use to achieve its strategic goals. A company plans its expedition toward its strategic goal in a planned method, and its preparation for the expedition with a strategic plan called a budget. Critics of budgets claim that budgets are bad for business and no longer sufficient and are “fundamentally flawed” as a planning and control model in today’s complex and highly unpredictable business environment (McNally, 2002). Stewart (1990) claims that experts criticize budgets are being insufficient. According to him, “Budgets, says experts, control the wrong things, like head count, and miss the right ones, such as quality, customer services and even profits”(Stewart, 1990, p. 179). The Business Finance magazine published an article title “The Budget (1922-2009) claims that the budget is “dead”. The writer, Jack Sweeney argues that it is not useful and appropriate to the industry’s 20th-century management anymore. Prendergrast (2002) lists out the problems which are facing by the organisations with compiling the budgets for planning and control purposes. First, a lot of guesswork has to be done in the budgeting process. It is a hard work for the managerial staffs to complete the budget in today’s highly challenging business world. Second, it is fixed and inflexible, and can quickly...
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...Date of Sale Seal of Bank / Institution with Address Initial of authorized sale clerk CONTENTS Sl. No. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. Appendix I. II. III. IV . V . VI. VII. VIII. IX. List of Institutions participated in CCB(AIEEE) -2010-Counseling .......................................................... 007 Nomenclature of Disciplines in Degree Engineering & Technology/ Architecture/Town Planning (Approved by AICTE) ............................................................................... 009 Syllabus .................................................................................................................................................... 010 Addresses of selling centers from where Application Forms can be procured against Cash Payment only ....................................................................................................... 019 Instructions for completing and sending the Application Form By Post ................................................. 024 List of Cities where All India Engineering/Architecture Entrance Examination will be conducted ................................................................................................................. 027 List of cities where on line examination will be conducted ...................................................................... 029 A. Procedure to be followed in conduct of AIEEE ...............................................................................
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...Project Title: HUMAN RESOURCE MANAGEMENT [pic] Contents Pages 2.0 About Us Eton Consultancy Pte Ltd 2 2.1 Eton HRM Principles 2 2.2 Eton Team 2 3.0 Eton Organisation Chart 3 3.1 Sales Trend Comparison and Analysis 3 4.0 High Experience Staffs Turnover Comparison and Analysis. 4 5.0 Problem – Sales Affected by High Experience Staff Turnover 5 5.1 Strategy Recommendation for Human Resource Action 5 Develop a Responsive and Effective Personnel Structure and To Review our personnel needs such as: a. HRM Audit, b. Job Analysis, c. Job Specification, 6 d. Do Screening e. Selecting and Hiring, f. Orienting New Employees 7.0 Employee Training and Development 7 a. Develop a Effective Training Program, b. Identify Training Needs 8.0 Reasons for the Strategy Recommendation...
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