...Pierce, the distribution review is taken as yet another sign that the sleeping giant is about to awaken. Certainly the atmosphere at Nokia’s offices in London is anything but sleepy.Behind its sleek, minimalist Scandinavian façade, there is a distinctly industrial air about the place. James Kitto, Nokia UK’s head of retail sales, embodies this atmosphere, exuding a focused energy and dynamism. He is keen to make clear that this review is no window dressing operation. ‘We are reviewing the entirety of our distribution arrangements in the UK,’ he tells Mobile. Rapid market So what is driving this swingeing review? After all, it was barely three years ago that Nokia whittled its distributors down from eight to three – choosing Data Select and 20:20 Mobile as its b2c distributors and, for a while, Brightpoint as its b2b partner. Kitto says the move is partly driven by the pace of the industry. He explains: ‘It is very healthy, particularly as the market moves so rapidly, to invite partners and potential partners to talk about their capabilities and the way they see the marketplace. ‘Our last review was in 2008 and a huge amount has changed in that time in terms of smartphone volume share, convergence, types of hardware and new operating systems, so it is right and healthy to review the marketplace.’ Nokia UK is also out to spread its reach. Kitto says: ‘We want our distribution strategy to deliver Nokia’s mobile solutions...
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...Product Design and Development Strategy On 5 September 2012, BBC reports that Lumia 920, which is the flagship device in Europe, features wireless charging as well as its revolutionary camera pure view, which allows you to take pictures at night. Nokia argues that it can capture 10 times the amount of light, compared to the rest of the Smartphones in the market (“Nokia unveils two” 2012). This feature creates competitive advantage for the company as well as technological leadership. The 820 model featured also wireless charging however less impressive technology and a slightly smaller display (Stevenson, 2012) Customers have encountered problems with the phone software. Such as, Lumia 900, which is the flagship device for US, has been introduced with software bug, which prevents users from connecting to the Internet (“Bug hits new”, 2012). This has surely caused negative word of mouth for the devices, as well as disappointment for the owners of the Windows phone, it has surely affected European customer base as well. Apps that run on Windows phone are much less than those that Android and IOS offer for their customers. This is a huge problem for Nokia, as apps are really important for the Smartphone user. Nokia’s devices are offered in different colours such as green, red and yellow so the customers can customize the phone by their preferences. The devices are differentiated in the product part of the marketing mix. However it does not become clear whether the products...
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...Ankit Singh and Juan Alberto Calero Part A – e-Commerce in China vs USA 1. Overall, what are some key opportunities and challenges (obstacles) that confront ecommerce in China? How are these challenges similar / different from those confronting e-commerce in the US (or other countries that you are more familiar with)? Some of the key opportunities of e-commerce in China are: The internet penetration rate in China is growing at a much faster rate as compared to other countries. 25.5% users in China have engaged in e-commerce, while in US 71% has done so. This represents an enormous opportunity for e-commerce services, given that there is room for growth in China. The market is China is still in the beginning of its growth stage. The manufacturing prowess of china provides an excellent complement to the ecommerce market. Online shopping market has grown 64.1% over last year to $1.5 Billion. Online B2B market is valued at 65.7 B 69.8% yearly growth. With these accelerated growth rates, the e-commerce market will developed very quickly, players need to be aware of the stage of e-commerce in China and address the market accordignly. Small and medium sized enterprises (SMEs) contribute to 68.8% of nation gross industrial output. Only 28% of SMEs utilised third-party B2B e-commerce platform. The government has a plan to increase it to 80% by 2012. Given this, the projected demand for e-commerce is known. In addition , players also known which type of businesses are using e-commerce...
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...in January of 2006. In the last two years the company’s business as excel from only 10 clients to more the 100 clientele. Our company currently offers the following services for our customers. They are as follow: Computer repair Technical support, the purchase of software and hardware, and provide consolation to our business clients. We employ 50 people. We have business and consumer customer who use our company all their computer needs. As our business grows, keeping track of orders, customer address to send out special offers, and keep track of all employees is becoming a major task in itself. Its use more time to find a customer order, then it does to place the order. Also want to be able to keep track of our employee personal information and as well know who place the orders for that day. We have a wide range of software that business, and consumer can purchase for their homes, small business needs. The hardware we sale is complete refurbished desktop computer, some new desktop computer, hard drives, laptops, and computer part one can think of. We also provide in house technical support, and 24 hour phone technical support. ComputerToy provides consolation to our business clients that are opening up new center, and new computer, networking and desktop support. (1) Need to generate weekly reports that show the order place by each employee on weekly and daily bases. (2) Need a report that shows business customer order history monthly, weekly or daily. (3)...
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...WK1DQ1 As we begin our study of law in the business environment, let us think about how the business managers and the lawyers work together to assure that the organization benefits from the law. Select a business activity or issue that has not already been selected by other students and select a business or industry with which you are familiar. For that business activity in that industry or company, discuss how business managers apply the law that is relevant, and under what circumstances lawyers should become involved. For example, if you are manager of a fast food restaurant, you will be concerned about the business not doing anything that would harm customers. What types of injuries can occur to customers in a fast food restaurant that could create a legal liability for the organization? What role does the manager play in preventing or minimizing the injuries, and when would it be appropriate to call in an attorney? You can also select other activities such as employment and discrimination, entering into business contracts, government regulations, paying taxes, and buying and selling goods and services for the business. The businesses you could select might include fast food restaurants, colleges, car repair businesses, apartment complexes, insurance companies, cell phone providers, or any number of other good businesses. In your comments, be sure to identify the type of business, and the issue that you are discussing. It would be like “Cell phone providers –...
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...Semester IV – ACTIVITY BASED COSTING ASSIGNMENT - LEARNING EXERCISE Students will select a company or firm or business unit in any one of the following industries: 1) Manufacturing 2) Insurance 3) Bank 4) Health care 5) Hospitality 6) Government 7) Service Each student should explore the internet for an example of a company that had implemented Activity Based Costing (ABC) and Activity Based Management (ABM) with a focus on determining customer profitability. Prepare a report (suggested length – not more than 10 pages) covering the following and give a briefing in the class: 1) Describe, in brief, the company and its business. 2) What was the problem faced by the business or company? 3) What was the scope of ABC / ABM project? 4) What were the goals for the ABC / ABM project? 5) How ABC/ABM was implemented? 6) Summarize the results achieved after implementation of the project. Financial evaluation of results by quantification expected. 7) Your observations, comments, criticism and suggestions, if any. 8) Legend, bibliography, references etc. Submit assignment to Exam Section. Print-out of PPTs (handout mode – 4 or 6 slides per page) can be submitted later, but before presentation in the class. Important: This is an individual assignment and each student should select different company from the sector selected for study and complete the assignment. Please...
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...BTEC LEVEL 3 Unit 1 THE BUSINESS ENVIRONMENT ASSIGNMENT ONE Within this unit you will consider the different types of businesses and sectors, their strategic plans and consider their main stakeholders. In the second half, you will be considering the impact of external influences (political, legal and social) on businesses. Scenario: You are a junior journalist working for the Business Review. You have been asked to write an article for prospective businessmen and women thinking of setting up a new business. Most businessmen and women you have spoken to are not sure about the legal ownerships and activities of businesses generally. They also feel they require more information regarding how some local, national, international and global businesses operate. You should research two organisations; one should be a not-for-profit organisation and the other a for-profit organisation. (For-profit organisation should be McDonalds; you must now select a not-for-profit organisation of your choice). P1: describe the type of business purpose and ownership of two contrasting businesses. Here you will need to include all the information outlined below: 1. TYPE OF BUSINESS BY SECTOR The type of business in terms of: * Geographical scope (local, national, international or global) * Sector (primary, secondary, tertiary) * Type of goods/services offered 2. TYPE OF OWNERSHIP * Describe the different types of ownerships (Public/private sector; sole...
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... Describe the role of business in the economy. The role of business in the economy is to provide, products, jobs, and helps in the growth of the economy. Businesses provide a better standard of living for people. Today business is consumer friendly and as result creates a source of wealth for all around. There are two types of businesses that impact our economy, for-profit organizations and nonprofit organizations. The for=profit organizations range from the local grocer to the car dealership in our community and we all need them. 2. Compare and contrast the roles of for-profit and non-profit organizations in the economy. For-profit organizations are in the business of making enough money to cover expenses and make a profit. For profit organizations can help the economy based on the products, services and goods they are providing, based on the consumers demand. Based on what they provide, they can create wealth and stability for communities. A community can thrive if the organizations, provide stable employment for people, who in turn would spend money, thus creating wealth for the organization. These organizations can also be very popular with the communities if the contribute to the local or nationwide nonprofit organizations that provide services for their communities. The nonprofit organizations work with for profit businesses to provide a better quality of life for these communities. Nonprofit organizations are in the business of doing good for communities...
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...domestic institutions play an important role in the globalization process, describe three fundamental policy measures that those countries need to promote in order to benefit from globalization. How would these policies be implemented? How might these policies be promoted? Regional Economic Integration Although European Union is the most advanced form of regional integration, it is currently facing a challenging time. What are some of the major challenges facing the EU? Course Project Discussion This discussion is focused on selection of a business in a foreign country for your Course Project. In your post, describe the following. 1. What the business does? 2. Why are you interested in researching this business? 3. Stock ticker symbol and stock exchange. 4. What you hope to learn from your research? 5. If you are interested in working in a team of five with four other students. week 2 International Business How would you make a convincing case that open trade in goods and services, as well as free flow of foreign direct investment will enhance the well-being of (a) consumers, (b) producers, and (c) the government of countries? Include in your response specific examples to support your position. The International Flow of Funds and Exchange Rates What is the difference between independent floating, managed floating, and fixed exchange rate systems? Provide an example of a direct quote of an exchange rate. week 3...
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...domestic institutions play an important role in the globalization process, describe three fundamental policy measures that those countries need to promote in order to benefit from globalization. How would these policies be implemented? How might these policies be promoted? Regional Economic Integration Although European Union is the most advanced form of regional integration, it is currently facing a challenging time. What are some of the major challenges facing the EU? Course Project Discussion This discussion is focused on selection of a business in a foreign country for your Course Project. In your post, describe the following. 1. What the business does? 2. Why are you interested in researching this business? 3. Stock ticker symbol and stock exchange. 4. What you hope to learn from your research? 5. If you are interested in working in a team of five with four other students. week 2 International Business How would you make a convincing case that open trade in goods and services, as well as free flow of foreign direct investment will enhance the well-being of (a) consumers, (b) producers, and (c) the government of countries? Include in your response specific examples to support your position. The International Flow of Funds and Exchange Rates What is the difference between independent floating, managed floating, and fixed exchange rate systems? Provide an example of a direct quote of an exchange rate. week 3...
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...List Select a scenario from the list. 1. As a partner in a new business, one of your roles is to review information technology tools available to assist you in a certain aspect of your business (e.g., marketing, accounting, sales, quality assurance). Select a technology that emerged within the last five years and consider its impact on your business. Make a decision on whether to adopt this technology. 2. As a member of the human resources department in a manufacturing organization with 120 employees, you have been asked to evaluate different compensation strategies that are available for adoption within your organization. Compare and contrast several compensation strategies and determine the appropriateness of each compensation strategy to your organization. 3. As a CPA of a newly formed, publicly held accounting firm, you have been asked to research the accounting and reporting standards of Financial Accounting Standards Board (FASB) and provide a report to your manager on the impact FASB may have on your company. In your report, you should discuss the history of FASB, the requirements imposed by FASB on public corporations, the impact FASB has on the investment community, and the satisfaction of the investment community with the imposed standards. 4. Your company wants to enter into a major new venture (e.g., develop a new product line, establish a new market, create a presence in a new geographical area). What are the various means of financing such a venture? Select a new...
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...The Business Environment 1. Describe the role of business in the economy. Have you ever wondered why there are so many businesses in the world? Or why do we need them all? Business is what keeps the economy moving forward. If you think about it the more business there are out in the world the more people that have the opportunity to gain employment. Employment levels influence a range of other standard-of-living metrics, such as disposable income, home foreclosure rates and new small business startups. When business are doing well the economy benefits. For example banks are more willing to lend consumers money. Interests rates are lower some businesses even given back to the community. 2. Compare and contrast the roles of for-profit and nonprofit organizations in the economy. You would think that all business is out to make money. However that is not the case. There is such a thing as non-profit organizations. A business is an organization or economic system where goods and services are exchanged for one another or for money. Non-profit Organizations commonly known as NPO are associations, charities, cooperatives, and other voluntary organizations formed to further cultural, educational, religious, professional, or public service objectives. Their startup funding is provided by their members, trustees, or others who do not expect repayment, and who do not share in the organization's profits or losses which are retained or absorbed. Businesses pay a significant portion...
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...List Select a scenario from the list. 1. As a partner in a new business, one of your roles is to review information technology tools available to assist you in a certain aspect of your business (e.g., marketing, accounting, sales, quality assurance). Select a technology that emerged within the last five years and consider its impact on your business. Make a decision on whether to adopt this technology. 2. As a member of the human resources department in a manufacturing organization with 120 employees, you have been asked to evaluate different compensation strategies that are available for adoption within your organization. Compare and contrast several compensation strategies and determine the appropriateness of each compensation strategy to your organization. 3. As a CPA of a newly formed, publicly held accounting firm, you have been asked to research the accounting and reporting standards of Financial Accounting Standards Board (FASB) and provide a report to your manager on the impact FASB may have on your company. In your report, you should discuss the history of FASB, the requirements imposed by FASB on public corporations, the impact FASB has on the investment community, and the satisfaction of the investment community with the imposed standards. 4. Your company wants to enter into a major new venture (e.g., develop a new product line, establish a new market, create a presence in a new geographical area). What are the various means of financing such a venture? Select a new...
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...about originality. • Course Drop Box is configured to auto submit your work to Turnitin.com should be in your own words • Use the appropriate rubric for your topic selection. • Follow the rubric guidelines for length. • Your work must be original to this assignment. Do NOT reuse a paper from a prior course • Review the FAQ’s below for additional direction. FAQ’s Question 1: Does this paper replace the group business plan? No, this paper is in addition to your group business plan. Question 2: Should I use my team’s business idea for this paper? Some students find it easier to use the same topic, but you may choose another business idea for this paper if you prefer. Question 3: I noticed these topics are also subsections in the group business plan rubric. May my team reuse my work from this paper in our final written business plan? Yes, you may reuse your written plan in your team’s final business plan as long as it aligns with your team’s overall business plan and fully addresses all of the requirements of the rubric for the final written business plan. Question 4: Should I collaborate with Team members on...
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...First Paper The traditional retail model has focused on finding high-margin, high-volume products or services because limited space means reduced space inventory. For example, organizations such as Walmart select the biggest hits from the broadest genres, called the “short head.” The short head means Walmart will only carry a select mix of country, pop, and rock that is calculated to provide the greatest cost/benefit. The business model of Amazon is different. Amazon provides the short head but also provides the “long tail” of more than 100,000 different audio selections. The competition for customers between the Walmart and Amazon marketplace is profoundly changing the face of retail business today. Using the assigned reading and the Argosy University online library resources, find at least three scholarly articles that address similar current trends related to e-business and how e-business is changing the face of businesses today. Using your company or a real-world example from your research, respond to the following: * Describe how technology is changing the face of businesses today. * Describe the most critical business processes that utilize information systems in your selected company. * Explain how IT makes the company’s business processes faster, cheaper, more accurate, and customer-savvy than that of competitors. * Cite at least three sources found in your online library research. Give reasons and examples from your research to support your responses...
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