Free Essay

Sumsang Electronics

In:

Submitted By caincxy
Words 2391
Pages 10
Strategic Management
Case Analysis: Samsung Electronics
Memory chips were further classified into DRAM (Dynamic Random Access Memory), SRAM (Static RAM), and Flash memory. Flash memory, which was the hot-growth area, was used heavily in digital cameras and mobile phones. While DRAMs lost data when power was turned off, Flash memory could continue to store data in the absence of a power source. Considering the fact above, the flash memory market in the future will be very attractive. Along with the technology development there will be so many electronic devices using flash memory. Samsung started to create the advantage in Flash memory that it enjoyed in DRAM. Started in 1999, Samsung was seeking to move some of its production capacity from DRAMs to flash memory. Nowadays, people are always looking handy electronics device with multifunction ability and able to store huge data. Therefore, if Samsung makes investment in Flash memory technology, then it would be their advantage in the future.
Foundry companies, whose sole business is manufacturing, have recently come to the fore, providing attractive outsourcing options. In addition to foundries, the ranks of increasingly specialized designers and chip testers are starting to swell. Chip companies are emerging leaner and more efficient.
Four main product categories:
Memory: Memory chips serve as temporary storehouses of data and pass information to and from computer devices' brains. Companies: Toshiba, Samsung and NEC
Microprocessors: Intel's domination of the microprocessor segment has forced nearly every other competitor, with the exception of Advanced Micro Devices, out of the mainstream market and into smaller niches or different segments altogether.
Commodity Integrated Circuit: Sometimes called "standard chips", these are produced in huge batches for routine processing purposes. Dominated by very large Asian chip manufacturers
Complex SOC: "System on a Chip" is essentially all about the creation of an integrated circuit chip with an entire system's capability on it. The market revolves around growing demand for consumer products that combine new features and lower prices.
Threat of New Entrants. In the early days of the semiconductor industry, design engineers with good ideas would often leave one company to start up another. As the industry matures, however, setting up a chip fabrication factory requires billions of dollars in investment. The cost of entry makes it painful or even impossible for all but the biggest players to keep up with state-of-the-art operations.
Power of Suppliers. For the largest semiconductor companies, suppliers have little power - many semiconductor companies have hundreds of suppliers. This division of risk over many companies allows the chip giant to keep the bargaining power of any one supplier to a minimum.
Power of Buyers. The bargaining power of buyers determines prices and long-term profitability (Reynolds 2009, p.37). Most of the industry's key segments are dominated by a small number of large players. This means that buyers have little bargaining power.
Availability of Substitutes. The threat of substitutes in the semiconductor industry really depends on the segment. While intellectual property protection might stop the threat of new substitute chips for a period of time, within a short period of time companies start to produce similar products at lower prices.
Competitive Rivalry. The industry is marked by intense rivalries between individual companies. There is always pressure on chip makers to come up with something better, faster and cheaper than what redefined the state-of-the-art only a few months before. That pressure extends to chip makers, foundries, design labs and distributors – everyone connected to the business of bringing chips from R&D into high-tech equipment. The result is an industry that continually produces cutting-edge technology while riding volatile business conditions. (Exhibit 1) Porter’s Force | Memory market | High/Moderate/Low | Threat of New Entrants | * Guarded by economies of scale * High Investment Required * High Production Technology * High Switching Costs * Brand identity significance | High | Buyer Bargaining Power | * No significant buyers by volume * Buyers are very price sensitive * Price limited by other memory substitutes * Threat of backward integration | Medium | Supplier Bargaining Power | * Critical materials * Few Suppliers * No significant differences of inputs * Most suppliers are a large company | Low | Substitute Products | * Danger of future substitutes (rapid changes) * Probable switch costs | Low | Rivalry | * Small number of competitors * Significant exit barriers * Cyclic industry growth | High |
Samsung comprises numerous subsidiaries and affiliated businesses, however, the three core business sectors within the Samsung Group were electronics, finance, and trade and services. It focuses on its semiconductor industry recent year, especially in memory chip industry (Siegel and Chang 1). With the support of Samsung’s primary industry, Samsung had become the second-largest net profit company outside of the United States. Samsung used combination strategies for getting competitive advantages for a larger market share. Samsung provides two value chains to its customers during the time: differentiated attributes and cost leadership.
In the differentiation strategy, because the challenge that major competitors, Samsung developed the below classification of broad product differentiation for satisfying most customers. For users seeking the most extreme performance available, Samsung offers high technology in its mobile phones, for example, Galaxy S 4 which has eight-core Exynos processor and the full HD Super AMOLED display. Samsung also used unique innovation for its mobiles, even some of the innovations copied from the iPhone. Samsung created a kind of brand loyalty, which made its phone became the most popular cell phone after iPhone. The Lower buyers' cost provides by Samsung offers higher quality mobile phones to customers, which means fewer breakdowns of products and quicker response to problems. Unlike other systems, most of Samsung mobile phones use Android system that makes customers can easily handle their phones without any training and difficulty. And customers can find any App that they want to download via Google play; and it is more convenient than Window 8, because Windows 8 has fewer Apps than other popular systems, such IOS and Android. Samsung succeeds in high level technology products, which is different from its other major rival who only focus on the low level market.
In the cost leadership strategy, Samsung used various methods to acquire cost advantages. Because some counties have lower labor cost, such as China and India; Samsung use outsourcing to minimum its product cost, which is 35% cheaper as compared to non-Chinese manufacturers (Sylavia 2). Its Raw materials cost 37% less than its competitors and properly due to large volume discounts and better bargaining power in Asian markets (Sylavia 3). Samsung was able to offered a lower average selling price as compared to its competitors because it had a long time experience on the memory chip producing and had better quality control that lead to reliability enabled Samsung to obtain an average price premium of 1% average price. From the Exhibit 2, Samsung has the lowest average operating cost, $ 8.5 per unit, compare to other three companies (Micron: $ 12.51per unit), Infineon ($ 9.90 per unit), and Hynix ($ 10.68 per unit). And also Samsung had a lower price premium (34%) compare to its competitors which is 53%, which means Samsung has a better customer base than its competitors. Exhibit 2 | Company | Average Operating CostPer unit ($) | Difference with Samsung Per unit ($) | Samsung | 8.5 | \ | Micron | 12.51 | 4.01 | Infineon | 9.90 | 1.4 | Hynix | 10.68 | 2.18 | Although Samsung had threats in mobile phone market, it still took a large share of the market. Compare with many different brands of mobile phones, Samsung gave the public an image that Samsung phone is worth to buy due to higher quality and relatively low price by innumerable advertising. Compare to Apple Inc., because Samsung uses Android as its main system, it lowers the App cost, which makes customer save money on after buying services. Samsung also collaborates with Chinese partners, who are the largest buyers in its memory chip industry, to expand joint investment.
The sales and marketing practices have also been revamped and the use of social media has been done extensively for their product launches. The carpet bombing technique of marketing has been used for the mobile phones and tablets. The service centers have also improved manpower as it had acquired Authentic and Synchronic, who specialize in the service industry. Thus, the manpower is already trained and so the Value added services are better.
The product mix strategy of Samsung was a result of the differentiation of the products which has been done through the use of DRAM memory segments and the large product portfolio. This had allowed Samsung to invest and play in a large market which has been due to the commodity sectors of DRAMS and also there are various product differentiations
The legacy products which are the older chips have been manufactured and then sold at a price premium. On the other hand the specialty chips, which are used for niche purposes have been developed on a sharing basis between Samsung and another buyer. The unique ability to maintain lower costs and produce differentiated products in light of the rapidly changing industry landscape has been one of the most fruitful strategies for the company. The lower costs can be explained through better agreements with the vendors and negotiations with the supplier to lower the shipping and distribution costs, which have been possible due to the geographical locations of the fabrication facilities (Peng). The labor productivity has also been huge which matches some of the Chinese manufacturers. The higher yields have been achieved through the use of large silicon wafers and common core designs. The flexibility in the product lines has also been one of the reasons along with an investment in the strategic locations of the fabrication centers along the world.
The competitive advantage which Samsung possess has been due to the following factors:
Research and Development
The Company has been instrumental in understanding the voice of the customer and had developed a very strong research and development base for their new products. The testing and designing of new products has been done at a spending of their 9% of the sales revenues and as the company has expanded it had developed better facilities. The company had been the largest publisher of US patents and is also the owner of the largest US patent portfolios. Thus, they have increased their patent procurement by 11 percent per year
Affordable Cutting Edge technology:
The expertise of Samsung has been the convergence of data and voice with the offerings ranging from wired to wireless communications. They have also invested in upcoming technologies like VoIP and core network technologies. The production of OfficeServ7000 which has given breakthrough results in the field of business communications have helped them to gain first cover advantage and increased their revenues by many fold. The platform provides businesses with all the needs across various verticals. The collaboration of the various enterprises in a firm and the routing of the information through a secure network has helped in the capturing of market share. The architecture of the system has facilities which can be enhanced according to the various requirements of the company. The other applications have also been successful.
Quality of products:
The quality of the products has been impeccable through the use of the centralized Research and development and the labor costs have been decreased owing to cheap labor in China and other countries. The company possesses the best ASP to cost ratio, which has strengthened its customer base and also improved the technological leadership. The quality and product mix of Samsung has helped in the effective market capture strategies and also improved if the price premium over its competitors by 15% (Yu). The quality was mainly dependent on the semiconductor industry advantage which Samsung has. The semiconductor industry is a low differentiated industry with the demand driven mainly by the high price. The quality, reliability and durability of the products have been achieved by Samsung with the help of paying premium for the products. Thus, it became the Supplier of choice for many of the chip manufacturers. Based on VIRO Samsung has multiple resources and capabilities that provide a sustained competitive advantage. Threats from Chinese manufacturers can become more significant in the long run in they catch up on the value drivers in the temporary sustained competitive advantage category. These include factors such as fabrication capacity, quality and product mix/customization capabilities. Our analysis highlights Samsung’s value drivers in terms of technological advantages and intellectual property in their frontier products. These value drivers prevent imitation by new entrants. Samsung’s quality and reliability, value driver keep customers from switching to competitors’ products.
In conclusion, our recommendations are that Samsung continues to use their additional revenue from their low cost of production and higher margin to invest in R&D. This will ensure that Samsung has the best product on the market and continue to lower their production costs. By doing this, they will continue to make it costlier for new firms to enter the market. Investing into R&D is extremely costly/ high risk and could lead to failure if Samsung begins investing in the wrong type of products. However, if done properly, this investment can cement Samsung as the market leader and ensure high profitability for the future.
VRIO framework for Samsung Electronics (Exhibit 3). ResourcesCapability | Valuable | Rare | Difficult to Initiate | Exploited byThe firm | CompetitiveImplications | SemiconductorProcess Technology | YES | YES | YES | YES | SustainedCompetitive Advantage | Technology and Production Line Capabilities | YES | YES | YES | YES | Sustained Competitive Advantage | Employee Selection and Retention Policies | YES | YES | YES | YES | Sustained Competitive Advantage | Quality | YES | YES | YES | YES | Sustained Competitive Advantage | Brand Value | YES | YES | YES | YES | Sustained Competitive Advantage | Product Mix & Customization | YES | YES | NO | YES | Temporary Competitive Advantage | Fabrication Capacity | YES | YES | NO | YES | Temporary Competitive Advantage | R&D and Production Facility at Same Location | YES | NO | - | YES | Parity | Partners and OEM Customers | YES | YES | NO | YES | Temporary Competitive Advantage |

Works cites
Montgomery, C. A., & Porter, M. E. (Eds.). “Strategy: seeking and securing competitive advantage”. Harvard Business Press. 1991. Web. Oct. 12, 2014
Peng, M. “Global strategy”. Cengage Learning. 2013. Web. Oct. 12, 2014
Sylvia, Namwanje. “Business level strategy SAMSUNG”. Acdemia.edu. Web. Oct. 11, 2014.
Siegel, Jordan I. and James Jinho Chang. “Samsung Electronics”. Harvard Business School. Feb. 27, 2009. Print.
Yu, S. “The Growth Pattern of Samsung Electronics: A Strategy Perspective”. International Studies of Management & Organization. 1998: 57-72. Web. Oct. 11, 2014

Similar Documents

Premium Essay

Rafferty Case

...The changing legal idea about computers is that its a trend forcing police to change the way that they investigate crimes and obtain search warrants. A computer or personal electronic device can no longer be seen as just a thing, it should be viewed as a place said Mr. Justice Thomas Heeney. Recent case laws holds that because a computer can contain such huge amounts of personal information, it should be regarded as a place. Mr. Rafferty's laptop was essentially warrant-less and so had violated his Charter of Rights against unreasonable search and seizure. This precedent stemmed from another high profile murder case in 2007 which was a Markham salesman killing his estranged wife and another woman. His cell phone was going to be examined for trace evidence of blood splatter, but the scrutiny of its contents inside needed a second warrant. The plain view principle could not be applied in this case. That simply involves common sense because none of the contents in the computers were in plain view. Two other legal skirmishes that the jury never heard about were 1- several inconsistencies in various statements made by witnesses and 2- The inconsistency in Ms. Mcclintics initial claim of Rafferty being the one to smash Tori's skull, and later she said that she wielded the murder weapon. They also missed the episode in the court room when two people tried to snap pictures of Rafferty which is extremely illegal in a court room. I do not believe in the fact that evidence should be...

Words: 407 - Pages: 2

Free Essay

In Electronics, Japan Still Matters

...In Electronics, Japan Still Matters Posted by: Bruce Einhorn on March 17, 2011 In the global technology industry's pecking order, Japanese consumer electronics companies long ago surrendered their top spot to more nimble competitors like Samsung Electronics andApple. Many of the country's chipmakers also struggled as competitors in Korea and Taiwan thrived. Meanwhile, marketing executives at major multinationals turned their attention to China and India, the world's new economic powers. For many, Japan was largely an afterthought, a declining power with an aging population. The turmoil following the March 11 earthquake has provided a rude reminder that, when it comes to the global electronics industry's supply chain, Japan still matters. The country's factories produce about one-fifth of the world's semiconductors and 40 percent of electronic components. Japan's Mitsubishi Gas Chemical and Hitachi Chemical combined make almost all of the world's BT Resin, a raw material used in chip packaging, and Hitachi Chemical has 70 percent market share for a type of chemical slurry used by semiconductor producers for polishing chips. Tech executives and investors therefore should be worrying about a prolonged shutdown of production in Japan, where many factories are closed and there's no clear sign of how much damage they suffered or when they might reopen. Typically, big chipmakers likeTaiwan Semiconductor Manufacturing Co. keep between four to six weeks of supply, so uncertainty about...

Words: 451 - Pages: 2

Free Essay

Syllabua

...You are the news director of a local television station. The city council has just voted to close city parks 3 days a week to save money. Meanwhile, a major celebrity has died. The park story has greater effect on your viewers, but the celebrity death will get bigger ratings? Which do you make your lead story and why? o Your news organization is owned by a massive corporation that also owns an electronics company. It has learned that the refrigerators the electronics company makes are fire hazards and have destroyed several homes. How do you cover the story and how do you acknowledge that you are owned by the same corporation? o You are the chief editor of a large metropolitan daily newspaper. One of your reporters is caught fabricating sources and making up facts. How do you handle the situation, from disciplining the reporter to explaining it to your readers? . Solve the problem using what you have learned. Solutions must be realistic. If you think cable news networks do not have enough foreign coverage, for example, it is not enough to say you will simply hire more reporters. You must say where that money will come from. Be creative, both in the identification of the problem and, especially, in the solution. . Include the following: o The role of media in delivering news to the public o The significance of immediate news media delivery on culture o The social responsibilities of news media. o Ethical and legal considerations...

Words: 543 - Pages: 3

Free Essay

E-Learning Effectiveness

...4. Significance and Justifications for the Study The study of E-learning effectiveness is important. It is because we have to define that whether learning by using electronic media or through the Internet is effective or not. Nowadays, technology have helped human in all types of activity including education. This is what we can see in our daily life. Although technology is getting more advances, but there is not necessarily that it can help a lot in education field. Throughout this research, we have to find out the factors and how the factors affect the effectiveness of E-learning. Since technology nowadays is advances than older time, people would rely on electronic device. So, E-learning will be more practical and effective since people nowadays will have more interested on learning by using the combination of technology and education. Besides, with the Internet available, knowledge can spread widely. This can foster the process of learning and people can gain knowledge faster. E-learning may benefits to all of the users which means both of the learners and instructors. Let’s say if a company chooses to train their employee by using E-learning, this may result to material cost decrease. It is because the company doesn’t have to prepare an operating room just for the training purpose. E-learning can be flexible because the learners can study anywhere and anytime as long as there is device and also connection available. The advantages of E-learning are yet...

Words: 485 - Pages: 2

Free Essay

Moore Law

...Moore's law is the observation that, over the history of computing hardware, the number of transistors on integrated circuits doubles approximately every two years. The law is named after Intel co-founder Gordon E. Moore, who described the trend in his 1965 paper.[1][2][3] His prediction has proven to be accurate, in part because the law is now used in the semiconductor industry to guide long-term planning and to set targets for research and development.[4] The capabilities of many digital electronic devices are strongly linked to Moore's law: processing speed, memory capacity, sensors and even the number and size of pixels in digital cameras.[5] All of these are improving at (roughly) exponential rates as well (see Other formulations and similar laws). This exponential improvement has dramatically enhanced the impact of digital electronics in nearly every segment of the world economy.[6] Moore's law describes a driving force of technological and social change in the late 20th and early 21st centuries.[7][8] The period often quoted as "18 months" is due to Intel executive David House, who predicted that period for a doubling in chip performance (being a combination of the effect of more transistors and their being faster).[9] Although this trend has continued for more than half a century, Moore's law should be considered an observation or conjecture and not a physical or natural law. Sources in 2005 expected it to continue until at least 2015 or 2020.[note 1][11] However, the...

Words: 283 - Pages: 2

Free Essay

The Closing of the American Book by Andrew Solomon

...Solomon Americans do not read as much as we should which will have negative consequences when it comes to the heath, politics and education. According with Solomon, The National Endowment for the Art made a survey that indicated people who read are active in the community. For example, people who like to read will go to museums and musical performances more often, and perform volunteer and charity. This is compared to non-readers, who have little to no active engagement with the community. The author declares that electronic media can be dangerous for nonreaders because most people use television or other electronics as a means of relaxing, consequently absorbing all of the good and bad information. However, readers were able to filter the information more effectively while watching television. Solomon claims that people who read do not feel alone because they see a book as a friend, while people who do not read and spend their days with electronics devices tend to feel depressed. Reading is a mentally active experience and helps us learn. It can also help us stay guarded from future mental illnesses like Alzheimer’s. If we are not active and do not exercise our minds, we have a higher chance of developing Alzheimers. The Nazis feared the power of reading many forms of literature, taking measures to burn books because the material within was viewed as being subversive, or representative of ideologies in opposition to Nazism. Today, reading allows Americans to be...

Words: 452 - Pages: 2

Premium Essay

Negative Effect of Social Media

...Additional Mental Health ISOLATION The use of messaging and social media messages have become a common occurrence in today’s society. Interaction on a human level has become less frequent in a person’s day-to-day living arrangements. Because of social media websites, interaction with others has become effortless, and people have isolated themselves behind online identities. Direct communication has been eliminated and much of society has been reduced to using abbreviations that express their emotions. Examples of important aspects of communication that are falling by the wayside today include:  Basic verbal communication  Tone of voice  Facial expression  Body language Social media is removing these very human qualities of communication by eliminating the need to get out and socialize with others in person. Sleep Disturbances Evidence also suggests that social media overuse can contribute to sleep disturbances. Studies of Chinese and American children, published in the "Journal of Sleep" and the "Journal of the American Academy of Pediatrics," found that computer use among adolescents was associated with later bed times, later waking times, less restful sleep and an overall decrease in sleep. The use of computers before bedtime has also raised concerns among sleep experts, including Phyllis Zee, a neuroscience professor at Northwestern University, that the light from screens is affecting circadian rhythms and possibly...

Words: 598 - Pages: 3

Premium Essay

How to Introduce a New Medical Procedure

...Train and educate Lewis recommends assessing nurses’ computer skills and bringing their competencies, such as keyboard skills, up to standard before starting them on job-required electronic devices. Once nurses feel comfortable with a computer, she said, it is easier to introduce new technology. Children’s Healthcare conducted scenario-based training, leading nurses through the workflow of how they would document an assessment or administer a medication. Banner Gateway Medical Center in Gilbert, Ariz., moved into a new, all-electronic facility a couple of years ago. Nurses trained on the software. Then leadership took about 20 percent of the nurses to the new hospital and let them practice on the new system during mock drills. Some local Boy Scouts played the roles of patients to create a more realistic simulation. “It allowed them to get comfortable with the electronic tool, and it helped us identify any issues we had to fix before we opened,” said Sheri Dahlstrom, RN, MSN, chief nursing officer at Banner Gateway. Employ super users Banner Gateway trained super users who did not have a patient load during and for about two weeks after the “go live” to help nurses navigate the system. Children’s Healthcare of Atlanta also prepared nurse super users. They attended additional educational sessions, listened to their peers’ questions and were ready to assist fellow nurses when the system went live. The super users wore special T-shirts, which helped identify...

Words: 378 - Pages: 2

Premium Essay

Engineering Personal Statement

...Technology has without any doubt revolutionized in breath-taking paces virtually every aspect of life. However, there is a continued demand for innovation, to achieve greater efficiency spearheaded by the engineering industry. In my opinion no occupation offers as much as Engineering in any area of human development including ICT. The challenge of studying advanced mathematics and designing complex electrical and electronic components with myriad ways of application coupled with the logical and intellectual intangibles derivable over the course of my proposed study excites me I had the opportunity to shadow the head mechanic at Colliers Honda dealership during my ... and I was amazed at how much their work was entwined in electronics. Electronic systems were used to instantly diagnose faults within cars that could otherwise take hours. The hybrid cars particularly attracted my interest and I was enthused by how the introduction of an electric motor improved the performance of a car and simultaneously made it more environmentally friendly. Alhough I have flairs for Literature and Philosophy, Mathematics and the Sciences have always been my forte over my school career I have been received 2 silver awards for the UKMT mathematics challenge. I assumed the role of a mentor at my College helping AS maths students with difficulties encountered within their course. The course of studying A-Level Mathematics and Physics allowed me to amass valuable skills of critical thinking and problem...

Words: 544 - Pages: 3

Free Essay

International Market

...Syllabus International Marketing Marketing 774 INSTRUCTOR: Dr. Chuck Hermans E-MAIL: ChuckHermans@MissouriState.edu PHONE: 836-8373 OFFICE: GL244 =============================================================== NOTE: This Syllabus is not a contract. This document is a guide to assist you in preparing for the course lectures and other requirements. The Professor may and will likely modify assignments, lectures, dates and times at his discretion. Any such changes will be announced in class in advance. REQUIRED: 1. Cateora and Graham (2013), International Marketing, 16e, McGraw-Hill Irwin, NY.   2. Journal Articles and Cases on Blackboard (Some May Require Password: MKT474) Sign into the course Blackboard site at http://blackboard.missouristate.edu/. Please review and make corrections to your contact information. This is especially important if you have an e-mail address that is not on the MSU network. You may miss class information from the instructor if this is not correct.   STUDENT RESPONSIBILITIES: This is a graduate course. As such, you are expected to be prepared to DISCUSS the material in the on-line discussion forums. 1. Read, study, and analyze all assigned chapters & articles prior to class. 2. Always have a few questions prepared in advance of class related to the topic material. 3. Participate in class discussions. 4. Question the lecture material. 5. Turn in assignments on time. 6. Participate in the...

Words: 1449 - Pages: 6

Premium Essay

Nanotechnology In Electronics

...Nanotechnology in Electronics: The application of nanotechnology can be very well extended to the field of electronics. This nanotechnology gives a promising technology when this is combined with conventional approach in electronics. The main advantage of nano electronics is increasing the capabilities of electronic devices. The screen displays on electronic devices can be effectively improved by applying the nanotechnology. This approach considerably reduces the power consumption and also reducing the weight and the thickness of the screen. Another application of nanotechnology is reducing the size of transistors which are generally applied in integrated circuits. There are lot of researches are being done in this field of nanoelectronics....

Words: 842 - Pages: 4

Premium Essay

Recording, Analysing and Using Hr Information

...within Outlook Expeditions are: * Information relating to absences which helps managers to monitor the number and type of absences each employee takes using the Bradford Factor guidelines and implements any action that is necessary. * Employment details, contract terms, pay and hours. This ensures that all employees have the minimum legal requirements in line with the National Minimum Wage Act 1998. Two methods of storing information are: Electronic files Each employee has an individual electronic file which is saved on a network drive and backed up each evening. The backup is essential as it reduces the potential for permanent loss of data files. The benefit of storing the data this way is that there is instant access to an individual’s data and it is easier to update information. This method also reduces the amount of paperwork which helps Outlook to achieve its goal of a paperless office. Electronic storage also reduces the amount of office space needed to store paper files and in the event of a fire or flood, an electronic system is easier to restore whereas paper files cannot be recovered. Paper...

Words: 988 - Pages: 4

Free Essay

Online Learning Versus Traditional Learning

...Online learning is better than a traditional classroom setting and is also convenient. I agree with this because I am doing online learning. I believe that it accommodates the busy lives people have these days. Whether its working or raising a family, its hard to get to a traditional class on time versus getting on your computer at midnight and doing your course work. Some people think that there is too much time being spent on electronics as it is due to the fact that it runs their lives. But without electronics, where would we be now? We couldn’t track space shuttles or satellites without the help of computers. Computers have come along way since the 50’s. They are more advanced than they were back then. Another good thing about online learning versus traditional classroom learning is that you can study at your own leisure and at your own pace. You can’t do that in a traditional classroom learning setting. People without hectic lives prefer the traditional classroom learning so they can get the help from the teacher on a one on one level and be able to turn in assignments to a person not through a computer. They prefer more structured settings and being able to ask for help from fellow students also on a one on one level. I’ve done both, and I prefer the online learning due to more time to do assignments at my own pace and I don’t feel rushed. I felt rushed in a classroom setting. With online learning, you don’t have to worry about carrying books from class...

Words: 341 - Pages: 2

Free Essay

Ict Act-2006 Bangladesh

...INFORMATION AND COMMUNICATION TECNNOLOGY ACT, 2006 Prepared for Md. Ziaul Haque Senior Lecturer, Dept. Of Business Administration East West University Prepared by Bus-361 Sec: 6 Name | ID | 1. Md.Musrukh Ruhaim | 2010-2-10-091 | 2. MD. Tajul Islam | 2011-2-10-240 | 3. MD. Naiem Bhuiyan | 2011-2-10-110 | 4. Sunjida Haque | 2010-2-10-355 | 5. Md.Mahfuzur Rahman | 2011-1-10-049 | 6. MD. Mahmudul Hasan | 2011-1-13-060 | Date of Submission: December-03, 2014 Acknowledgement We are very pleased to accomplish the assign task given by our honorable course instructor Md. Ziaul Haque on the subject “Legal Environment of Business”. We are very much obliged to those persons who gave their valuable time in the organization overview part, opinion and advice to complete this report. At first, our profound gratification goes to, Md. Ziaul Haque the honorable course instructor of Business Communication for his supervision to complete the assignment successfully. By providing us the opportunity of preparing this assignment, he has made us able to relate the academic knowledge of Business law with practical scenario. Not only this, he has also contributed much in this term paper by giving us proper guideline. We are acknowledging to all of those web sites from which we have taken necessary helps. Our gratitude also goes to some senior students for their guidance in various stages of completing the term paper and our...

Words: 12177 - Pages: 49

Premium Essay

Litigation Hold Notice

...you are guilty. Premier College is now under a legal duty to preserve all evidence, whether printed or electronic that might become relevant to this matter. Some of this information may be in your possession or control, and as a Premier College employee, you have a legal duty to preserve that information. The purpose of this letter is to explain to you what that obligation means. A team of Investigators known as Cheaters has been charged to manage this situation. and has identified the following information as being potentially relevant to the dispute. All scantrons from 2004-2014, test booklets from these years. That information may be located in: Faculty desk or locked cabinets’ and inside the principals office. You are required to take the following steps immediately to protect and preserve any of that information that is in your possession or under your control until further notice. Specifically, you will need to do the following immediately: 1. Suspend deletion, overwriting, or any other destruction of electronic information relevant to this dispute that is under your control. This includes electronic information wherever it is stored – at your GC work station, on a laptop, or at home. It includes all forms of electronic communication – e.g., e-mail, word processing, calendars, voice messages, videos, photographs, information in your PDA. This electronic information must be kept tight so that it can be retrieved at a later time. You can be assured that nothing...

Words: 445 - Pages: 2