Sample argumentative essay
Thursday, September 3, 2020
AT&T Case study Essay
1. Audit AT&Tââ¬â¢s past budgetary approaches and financing decisions. Were these proper for the idea of the business? AT&T Corp., probably the biggest organization in the United States, has had a long and celebrated history. At first, AT&T worked as an imposing business model, yet in 1982, Justice Department, separated the organization into singular organizations. Preceding divesture (in 1981), AT&T was the biggest privately owned business on the planet and in spite of numerous difficulties, AT&T stayed an original ââ¬Å"widow-and-orphansâ⬠stock for quite a while. The term ââ¬Å"widows and orphansâ⬠was utilized to portray stocks with a generally serious extent of security and profit pay and numbers from show 1speak for themselves. By 1982 the organization expanded all its key monetary markers. Incomes and working profit expanded 12% and 6% separately contrasting with year 1981. In ten years, the organization raised its incomes, net gain, money and resources multiple occasions. It's worth to specify that AT&T had the option to lessen its complete remarkable obligation by $ 725 mil and at year-end, the organization's obligation proportion stood 42.3% down from 46.7% in 1980. What's more, AT&T neither dropped nor brought down profits, and just expanded profit per share by 10% every year. Previously mentioned realities recommend that organization's money related strategies and financing decisions were proper for the idea of the business and that AT&T was one steady, dependable and productive organizations on the planet by 1982. 2. In what essential ways will AT&Tââ¬â¢s business change sooner rather than later? All through the vast majority of the twentieth century, AT&T held an imposing business model on telephone administration in the United States. In 1982, through an understanding among AT&T and the U.S. Branch of Justice, AT&T consented to strip itself of its neighborhood phone activities yet hold a portion of its organizations. The chief arrangement of the antitrust settlement was that the partnership would be part into seven totally free local companies. Each provincial organization would keep on giving neighborhood phone and other media transmission administrations notwithstanding capacity to sell phone hardware. The remaining or new AT&T would concentrate on significant distance, R&D and assembling arms. 3. Taking into account AT&Tââ¬â¢s changing key and financial condition, what obligation strategy would you suggest? What other monetary approaches are fitting for the ââ¬Å"newâ⬠AT&T? What are probably going to be the outcomes of these monetary arrangements? The new ââ¬Å"AT&Tâ⬠was no more imposing business model and the organization's administration bunch confronted new difficulties. Most importantly, I feel that when AT&T was restraining infrastructure, administrators were disinclined to hazard and drove all the more monetarily preservationist strategy. After divestiture, plainly the outside condition changed and powerful moves should have been made to beat off extraordinary rivalry. In addition, there were a few genuine inquiries regarding future gainfulness of the new AT&T divisions (particularly Western Electric) and it was not satisfactory whether they would be capable account their tasks in serious markets. Thinking about above expressed realities, at that stage I would prescribe to change gears from obligation financing and switch toward value financing. Notwithstanding the change in monetary arrangement, I would likewise prescribe considering another obtaining system to arrive at progressively differentiated portfolio and to expand the companyââ¬â¢s scope in different zones.
Wednesday, August 26, 2020
The leadership style of Catherine the Great Research Paper
The initiative style of Catherine the Great - Research Paper Example The sovereign Catherine II is perhaps the most brilliant wonder of the Russian history. The principal half of her life, up to the increase to the seat, is spoken to as a progression of fortunes, which didn't rely upon individual characteristics of the humble German princess. However, she figured out how to play the aftereffects of every one of her triumphs in the most ideal manner, demonstrating the uncommon capacity to conquer any compelling conditions just as an ethical boycott, whenever was essential for the accomplishment of a particular objective. The second 50% of the history of Catherine The Great, a Russian Empress, is a progression of the scenes, which emerged immediately, not because of someones cognizant will, and regularly had the most implausible endings. A diverse round move of occasions, where the most astute plans and ventures stuck and separated, and instinctually settled on situational choices regularly prompted truly significant results. This disorderly kaleidoscop e built up a glorious image of a distinction of the Russian Empire. Having headed the triumph of her subsequent country, the Empress Catherine II involved a merited spot among recorded saints (Cronin, 1978). Catherine was not tall, yet consistently held her jaw profoundly lifted, and her back in a perfect world straight. One her look was sufficient to demonstrate his place to an impudent. ââ¬Å"The swinging doors opened and the Empress showed up. I have said that she was very little, but then when she showed up, with her head held high, her bird like gaze and a face familiar with order, this gave her such a demeanor of grandness, that to me she may have been Queen of the World; she wore the scarves of three requests, and her ensemble was both basic and magnificent; it comprised of a muslin tunic weaved with gold secured by a precious stone belt, and the full sleeves were collapsed back in the Asiatic style. Over this tunic she wore a red velvet robe with short sleeves. The cap which held her white hair was not designed with strips, yet with the
Saturday, August 22, 2020
Compare and contrast paper about two short stories Essay
In the compositions ââ¬Å"A Description of New Englandâ⬠by John Smith and ââ¬Å"Of Plymouth Plantationâ⬠by William Bradford, the tone of these two choices differ recognizably. The two creators utilize certain tones to pull in and convince certain crowds. John Smith composed of what a superb spot the New World was, while then again Bradford expounded on the troubles and real factors of the New World. Writer John Smith, an explorer who showed up in the Americas, composes a depiction of the new land. In ââ¬Å"A Description of New Englandâ⬠he shows what a great universe of huge food and joy anticipate. William Bradford, another pioneer who showed up in Plymouth on the shore of Massachusetts, gives his interpretation of the early settling of the new land. In ââ¬Å"Of Plymouth Plantationâ⬠he composes a depiction of what truly happened their, how the pioneers really lived. In ââ¬Å"A Description of New England,â⬠Smith begins by portraying the delight and substance that taking a chance with your life for getting your own land parcel brings to men. He likewise infers that building your own home, planting your own harvests, and having a ââ¬Å"Godââ¬â¢s favoring industryâ⬠would be anything but difficult to have without having any bias. He discusses the delight of raising towns and afterward populating them. John Smith once in a while makes reference to the Native Americans, however when he does he says that they are acceptable individuals and that they helped them when the showed up. Smith likewise makes references to methods of benefitting from every day exercises, for example, chasing and cultivating. This is his method of convincing others to make a journey to the New World. For instance, John Smith states ââ¬Å"For chasing â⬠¦ bear the cost of not just pursue adequate for any joy that in that sort of work or joy however such mammoths to chase that other than the delicacy of their bodies for food, and their skins are so rich as may well reward thy day by day work with a skippers pay. By convincing others to go to the New World, it can likewise be seen that Smith hopes to benefit from these new pilgrims. John Smith has all the earmarks of being coordinating his composition towards certain monetary people needing to put resources into the new states. In ââ¬Å"Of Plymouth Plantation,â⬠Bradford starts by reminding us how brutal and troublesome the outing to the New World was for the explorers. He expounds on the state of the men who showed up to the shore. He likewise makes reference to that in the New World there was nobody to invite them, progressively over yonder was nothingâ to remain in, no houses and no motels. When William Bradford specifies the Native Americans, he says that they welcomed them with bolts. Bradford additionally endeavors to convince others to visit the New World, with a strict methodology. This endeavor is made despite the fact that he describes the challenges in the New World. In Bradfordââ¬â¢s eyes, had not the Puritan Pilgrims been graced by God then their long and requesting investigation, the sum total of what might have been futile. After quite a long time after year Bradford keeps sight of the signs from God intended to help the Pilgrims of Plymouth, Massachusetts. After years in the New World, Bradford talks of Squanto, the Indian, turning out to be ââ¬Å"an instrument sent structure God for their great. At that point he goes onto contrast the Pilgrimââ¬â¢s venture with the New World with the Israelites departure from Egypt. It is obvious to see that these strict references are utilized to convince his crowd to see the virtue of the Pilgrimââ¬â¢s excursion to Plymouth. William Bradford gives off an impression of being composing towards certain strict people who need to make a journey toe the new states. Despite the fact that the tones of these two works, ââ¬Å"A Description of New Englandâ⬠by John Smith and ââ¬Å"Of Plymouth Plantationâ⬠by William Bradford, differ unmistakably, the two creators endeavor to convince certain crowds. Smith endeavors to convince the budgetary consultants who wish to put resources into the New World, while Bradford endeavors to convince the strict people to make a journey to the New World. Bradford expounded on the challenges and real factors of the New World, while Smith expounded on how awesome the New World was. Pioneer John Smith composed a portrayal of the new land in which he depicts what an amazing universe of huge food and delight anticipated others. Another Pilgrim, William Bradford, gave an alternate depiction of the new land. He gave a portrayal of what truly occurred, of how the explorers truly lived.
ISO 14000 Essay Example | Topics and Well Written Essays - 250 words - 1
ISO 14000 - Essay Example Mechanical waste is the biggest supporter of the natural contamination; it is an undesirable side-effect of the crude materials. It is the most extreme duty of the corporate to discard this materials that the sullying to the nature for example air, water and soil to the least levels. Reusing is likewise viewed as the most favored ââ¬Å"waste the executives strategyâ⬠(Cheremisinoff,2001). Alongside it neighborhood and network based activities ought to be taken to control the discharge of toxics from the waste. Specialists recommend that counteraction from the contamination, by the utilization of less contamination delivering items, encourages the association to build the productivity, this additionally supports the monetary strength of the organization (Maystre and Spiegel, 2011). So as to make the corporate to invest in the perfect measure of amounts of energy the customers just as the legislature likewise needs to assume in their job and should compel the enterprises to take the privilege
Friday, August 21, 2020
The Importance of Agricultural Sector in Economics
The Importance of Agricultural Sector in Economics THE IMPORTANCE OF AGRICULTURAL SECTOR IN AGRICULTURAL ECONOMICS 1.0 INTRODUCTION Agribusiness is a significant segment to the countryââ¬â¢s financial turn of events. It was one of the featured issues during Tun Abdullah Ahmad Badawiââ¬â¢s as Malaysiaââ¬â¢s Prime Minister. Abdullah emphatically accepted that this industry can create riches and diminish destitution especially among those from rustic territories. One of the significant pushes of the Malaysian monetary advancement since her Independence in 1957 has been and keeps on being the provincial improvement programs. The rustic division assumes an essential job in the countryââ¬â¢s financial development, social and political turn of events. The Malaysian economy relied upon the rustic area in the early advancement stage for farming information and yield and consequently the countryââ¬â¢s trade profit and development during the 1960s and 1970s. Agribusiness segment can be summed up into two classes â⬠modern products and food sub-part. Mechanical items under Ministry of Primary Industries (KP U) arrangement is mindful in guaranteeing great creation of pepper, palm oil, elastic, cocoa and wood and timber. On another note, Ministry of Agriculture and Agro-based Industry (MOA) must administer crop creation, animals and fisheries exercises. Like some other creating economies, the developing financial significance of the assembling segment suggests that the rustic part has satisfied its job as the provider of work, land and capital required for mechanical. 2.0 THE IMPORTANCE OF ECONOMIC IN AGRICULTURAL The agrarian part has added to the development and significant supporters of national pay and fare income. The rural segment at first got from increment creation of domesticated animals, fisheries and different various harvests. The NAP accommodated a complete and composed long haul strategy for a successful advancement of the horticultural division. The NAP called for horticultural modern linkage through the extended advancement of agro-based enterprises, mostly in preparing, stockpiling and treatment of agrarian products to build their worth included before send out. There is some of significance of financial in farming area: 2.1 Diversifying and protecting the economy Horticultural is thought an imperative to the economy of Malaysia. It assume a job in enhancing and protecting the economy from outside stun. The expansion in income of significant products, especially palm oil as food wares, empower part to hold its workforce and withstand the monetary downturn. There likewise significant in particularly in enhancement to improve the economy movement in Malaysia. This is some of model that can help for expanding the economy, for example, Incorporation of cows in palm oil manor Intercropping Blended cultivating Preparing exercises 2.2 Development of provincial territory We will carry advancement to rustic territories by advancing the farming part by diminishing awkwardness in urban-provincial improvement particularly in the less evolved states. Rustic improvement for the most part alludes to the way toward improving the personal satisfaction and monetary prosperity of individuals living in moderately segregated and meagerly populated regions. Provincial advancement has customarily fixated on the misuse of land-concentrated regular assets, for example, horticulture and ranger service. Be that as it may, changes in worldwide creation organizes and expanded urbanization have changed the character of rustic regions. Progressively the travel industry, specialty producers, and diversion have supplanted asset extraction and horticulture as prevailing monetary drivers. The requirement for provincial networks to move toward improvement from a more extensive viewpoint has made more spotlight on a wide scope of advancement objectives as opposed to simply makin g motivation for farming or asset based organizations 2.3 Increase food creation The area contributed not just as a provider of crude material to the asset based ventures, yet in addition in term of food creation. Food creation limit is confronted with an ever-developing number of difficulties, including a total populace expected to develop to almost 9 billion by 2050 and a falling proportion of arable land to populace. As per the Food and Agriculture Organization of the United Nations or FAO. These yield misfortunes would be multiplied if existing pesticide utilizes were surrendered, fundamentally raising food costs. Significantly after reap, crops are liable to assault by nuisances or infections. Bugs, rodents or molds can hurt grains. Notwithstanding expanding crop yields, crop insurance items utilized in put away items can likewise delay the reasonable existence of produce, forestall immense post-gather misfortunes from irritations and infections, and ensure food so it is protected to eat. The harvest security industryââ¬â¢s essential point is to empower r anchers to grow a plenteous flexibly of food in a protected way and keep costs from expanding. Food creation forms profit by persistent headways in horticultural innovations and practices; actually, a populace now almost twice as huge has more food accessible per capita than 40 years prior. 2.4 Improve parity of exchange The food import bill has been a long standing issue in Malaysia. The business parity or net fare, is the contrast between the financial estimation of fares and imports of yield in an economy over a specific period, estimated in the cash of that economy. It is the connection between a countries imports and fares. A positive parity is known as an exchange excess on the off chance that it comprises of sending out more than is imported; a negative equalization is alluded to as an exchange deficiency or, casually, an exchange hole. The parity of exchange is here and there separated into a products and an administrations balance. There is some factor that improving parity of exchange economy Malaysia: The expense of creation, for example, land, work, capital, charges and motivations in the sending out economy. The expense and accessibility of crude materials, middle of the road merchandise and different sources of info Conversion scale developments Multilateral, reciprocal and one-sided duties or limitations on exchange Non-levy hindrances, for example, natural, wellbeing or security norms The accessibility of satisfactory remote trade with which to pay for imports. 2.5 Economic in Malaysia rebuilding The Second Malaysia Plan ventured up government contribution in the economy, with the principle objective of expanding Malay financial interests, particularly in the regions of assembling and horticultural. So as to keep away from straightforwardly harming Chinese financial interests, the arrangement concentrated on enormous monetary development, with the objective of growing both the Malay and non-Malay portions of the economy in supreme terms, while expanding the Malay offer in relative terms also. The Second Malaysia Plan wanted to accomplish more noteworthy decrease in destitution and increment the inclusion of the Malays in the private segment by forcing certain limitations on private firms that would profit Malay business and financial proprietorship. 3.0 Future Prospects and Challenges Inside, the agribusiness part keeps on confronting wasteful aspects emerging from basic imperfections, for example, land discontinuity, work deficiency and expanding cost of information sources. As a result, efficiency, yield and benefit from smallholdings keep on lingering behind manors. Paddy cultivating keeps on confronting constant wasteful aspects emerging from the Governmentââ¬â¢s strategy to proceed with ensured least cost for paddy and auxiliary imperfections. Because of government intercession in value setting and dispersion, auxiliary imperfections have gotten standardized and impervious to change. It turns out to be considerably increasingly hard to impact a change now since sponsorships to paddy ranchers have become politicized as utilized as vote gathering apparatuses. Contributions to farming creation, for example, capital and work will keep on being compelled in light of interest for these exact same contributions by Malaysiaââ¬â¢s quick extending fabricating part. This is as of now bringing about the lull of capital interest in the rural division which would in the end stream to nothing and may trigger capital outpouring from this part. Remotely, the cost of horticulture wares will keep on being presented to swings and moves popular because of the interaction of substitutionary and corresponding items. Flexibly and yield of products as from days of yore keep on being dependent upon the notions of atmosphere, plague and regularity. Exchange boundaries and protectionist rural approaches will keep on protecting horticulture from changes in numerous nations, twisting the free market and standardize advertise deformities and wasteful aspects. End Agribusiness possesses a prevailing situation in the Malaysian economy. Since the period of British pioneer government, farming has accepted the significant job of being the spine and main thrust behind the quality and accomplishment of the Malaysian economy. Farming fares, for example, elastic, oil palm and cocoa are a significant wellspring of fare profit and have altogether added to the improvement of the agrarian division and the economy in general. Agribusiness is likewise a significant area in economy of Malaysia as a result of its food commitments, especially rice for home utilization. Besides, the area keeps on being the biggest wellspring of work in the nation. Today, showcasing, preparing, dispersion of horticultural items and so on are totally acknowledged as a piece of present day agribusiness. Over the span of financial turn of events, agribusiness utilizes larger part of individuals. This implies raising the degree of the national salary and way of life of the normal ma n. The fast pace of development in horticulture part gives dynamic standpoint and further inspiration for advancement. Thus, it assists with making legitimate air for general monetary improvement of the economy. In this manner, financial improvement relies upon the rate at which farming develops.
Advice for the Applicants
Advice for the Applicants Last year, I sat here on this weekend after thanksgiving feeling anxious, impatient, and stressed. Applications were getting chugged through, interviews were in frequency of about two per week, and I was focusing more on trying to predict the future than fully enjoying the present. I write this post as a reflection of how I regretfully spent some of my time during application season, and I aim to persuade some of you to handle it differently than I did now that I can look back on and think about the different ways I could have handled things. Senior year is a rough one. With a full workload, afterschool clubs, and varsity sports, the amount that is on a studentâs plate is hefty enough. Every morning I would catch the bus at 5:20 (So ridiculous considering I lived a ten-minute drive from the school), and I started my day. After school, I would normally go to a club or tutor some students in physics, and I would then head home. Here, the day didnât stop academically. I took online classes, and then I worked on applications, financial aid, and all the other paperwork that piles on during that time. It didnât help that I never had Wi-Fi at my house and had to go places to work online. That being said, it is doable. It is stressful, you will get anxious, and it will seem at times that there is no tangible way that everything will get done. However, my problem with application season did not come from this large number of things to balance, but the real anxiety and stress that I regret was my own fault and the internet. The internet can be amazing. I would use the Chromebook my school provided me, and Iâd go to McDonalds for the Wi-Fi, where I would learn all cool things from FLVS or MIT OCW. On the opposite end, the internet can be a nightmare. If youâre a senior, and you really want to get your heart racing, donât waste your money on going to an amusement park to ride a high thrill rollercoaster, just go onto google and type in, âMIT Acceptance Rate.â This was the case for me. I would sit there, when I had free-time, and in some cases, would even rush through things or not hang out with friends or family to do crap like this, and worry myself with the ridiculously low acceptance rates of colleges like MIT. I would then from there go to websites that had things like: âChance me with this SAT score and this GPA.â I would see, âChance of Admission: 12%â from some website that took two numbers and made me feel like it knew my future. I wasted a lot of time doing this. Too much time. As a matter of fact, the reason I knew that the Early Action decisions were released from Princeton, to which I was deferred, was because I was vigorously stalking the College Confidential page. As you can imagine, with this deferral, I had to wait EVEN MORE to get all my decisions from everywhere, including MIT, in March. I see all these instances, and I look back at all that time I wasted that I could have been spending playing a board game with my mom, going to a soccer field with my buddies, or just doing the simple things that I love like reading and playing piano. As a message to the people in the middle of the hell that is the wait for decisions, I really suggest to not spend your time with these âChance of Admissionâ things. Within ten minutes, some of these websites will have you going from excited to get your decision to doubting why you even applied. In the long run, everything works out the way it was meant to be. I spent more hours than I would like to admit looking at other peopleâs scores, predicting which colleges I would and wouldnât get into, and in the end I ended up exactly where I was destined to from the start. Once you send in your application and do your interview, there is really no more you can do but wait. The decision is out of your hands at that point. I didnât gain anything by wasting my time reading about other people and their scores or making excel sheets that listed the different percentage chance I had at all the schools I applied to. In the end, I lost time, that I came to realize upon arriving here, with people that were part of your daily routine back home that was so important to spend in those final months before you move to college. In the end, I can confirm to you that all those percentages did not have any correlation between what schools I did and did not get into. I got into MIT, and that is what mattered. I got into schools that I should not have statistically because my SAT score was too low, and I got rejected or waitlisted from schools that I was confident I was going to get into. I got a likely letter from a school that had an average SAT score that was 70 points higher than mine. Just for you statistics nerds out there, the r value for correlation was 0.32. YIKES RIGHT? So, from somebody who went through the process, I know it sounds cliché to say, but everything will work out in the end. In these next few weeks, all of you will be getting your Early Action or Early Decisions from all colleges that may or may not be MIT. The result may be exactly what you wish, and I truly hope it is! However, for those who do not get the decision they were hoping for, everything happens for a reason. In my case, after I exited off College Confidential and opened up that admission portal, I didnât see an orange tiger, and I still havenât. However, at the time, my part 2 of my MIT application was incomplete, so that decision turned out to be a blessing in disguise for me. In all honestly, if I were to have gotten accepted that day, I probably would have never written with the passion and heart I did on my MIT applications, and I would be missing out on all the amazing opportunities I have here. I truly love it here and could not imagine myself anywhere else so that decision that may not be what you want it to be to start may turn out to be something that positively changes your lif e in the long run. In closing, good luck in these coming weeks, for I imagine the next time I blog will be after the decision and I wanted to get my message across. Do what you love in these weeks, and do not spend those countless hours on websites that take you as a spreadsheet of numbers whereas admissions teams take you as the full person you are that truly shines through your passion and personality. Iâd be happy to hear your decisions in these weeks so comment or email me them if youâd like! Good luck! Post Tagged #Early Action
Thursday, June 11, 2020
The Business Operation of Sweetie Upcycled Dolls - Free Essay Example
Describe the business operation, including the role of the website and the role of the third parties with: Making contact Sweetie Upcycled Dolls would search for potential buyers through two ways, there are (1) meeting the unmet or under-served buyers, and (2) approaches to market segmentation. Firstly Sweetie Upcycled Dolls may reach the unmet or under-served buyers through create more efficient markets in Malaysian, create more efficient value system and enable ease of access. Ecommerce create more efficient markets by provide lower searching cost and transaction cost compare to traditional form of business. Sweetie Upcycled Dolls would reduce the product searching cost such as time spent on products searching, travelling cost and price discovery cost. Through the website service provided by Sweetie Upcycled Dolls, customers can easily access to product feature information, user instruction and make price comparison with others sellers through online service, thus it is convenience and time saving compare to offline dolls business. Therefore, Sweetie Upcycled Dolls would minimize the business transaction cost by standardize the transaction across the board, compared to the traditional type business method that calculate transaction cost subject to business expenditures and the actual number of transaction. At the same time, Sweetie Upcycled Dolls Ecommerce would reduce labor and other costs by replacing traditional business methods of document preparation, telephone calling, data entry and overtime expenses with email and electronic invoicing which create more efficient internet-based value chain. Sweetie Upcycled Doll would also employ the marketing communication strategy that must integrate with other marketing tools, such as mobile social apps Line and Sweetie Upcycled Dollsà ¢Ã¢â ¬Ã¢â ¢ mobile app in order to add convenience with the online offerings. Sweetie Upcycled Dolls also create value proposition to customer through greate r access on information about pricing. Sweetie Upcycled Dolls also make segmentation approach through stage of behavioral and benefits. Sweetie Upcycled Dolls would target and approach the market through behavioral segmentation which divides market based on how customers actually buy and use the products. Example, Sweetie Upcycled Dolls would target parents, teenagers or doll collectors, because this group of people are the person who willing spend and buy for the products offering by Sweetie Upcycled Dolls. On the other hand, Sweetie Upcycled Dolls also would approach the target the benefits segmentation market which divided market based on the benefits or qualities sought from products. Example, the target market that looks at the true benefit that sought by Sweetie Upcycled Dolls. Marketing communication strategies that employ by Sweetie Upcycled Dolls would via web service, thus online marketing tools play a crucial role in making contact between sellers and buyers, such as b anners and text ads would employ by Sweetie Upcyled Dolls in promote and market the product offering by the ecommerce. Sweetie Upcycled Dolls would tie together its own site with online social media marketing such as Facebook, Twitter, Instragram, Google + and YouTube, at the same time Sweetie Upcycled Dolls would also maximize the benefit of partnering with online intermediaries such as blog. In order to create brand awareness and loyalty, Sweetie Upcycled Dolls would continuously advertising the products and company name through different type of contact channels such as Facebook, Instagram, Twitter, Google+, Youtube, Blog and others Price discovery Modem form of economy, electronic business has put buyers in a better bargaining position compare to traditional type of brick and mortal business. Through ecommerce, buyers always can quickly and easily compare products and prices under the assistance of Internet, wireless network and corporate network. Thus, Sweetie Upcycled Do lls would customize the product and price based on the customersà ¢Ã¢â ¬Ã¢â ¢ buying habits, spending limit and preferences detail through customers collected data online, in order to offer right price to the right person at the right time. Price customization has become an integral part of electronic commerce (Narahari, Raju, Ravikumar Sourabh Shah, 2005). According to xxx indicate that in the financial markets the price discovery is one of the essential functions. Price discovery is described as the search for an equilibrium price and gathering and interpreting news and the incorporation of the information implicit in investor trading into market prices. (Schreiber and Schwarts, 1986 Baillie, et.al, 2002 and Lehman, 2002). Since Sweetie Barbie dolls is first mover in Malaysia so we are able to enjoy market share in markets. Sweetie Barbie dolls decide the price depend on the economic in the Malaysia market. The pricing approach that Sweetie upcycled doll use is decrease prices predictable. The price is transparency which have provided on the site. Based on the customer knowledge increase about the product, the sellers will adjust the reduction of price and standardized to fulfill the customers. The Sweetie will provide the price tag for each product in the website for customers to know the price quickly. Next, Cost plus pricing is to add profit margin to operational costs. This means products is adding regular mark-up prices for pricing decision such as direct labor costs, and materials costs (Accounting tools, n.d.). The materials costs such as the dolls still in unfinished products, dress for the dolls, shoes and others. Hence, the direct labour costs mean that the workers help to transfer the dolls into finished products. Besides this, if the customer purchase unfinished dolls or DIY series product will be cheaper than finished products. This means DIY series products already exclude the labor costs. The website provide DIY series product or finished product for customer to choose because the customer might want to try to do their own dolls. On the other hands, the customer can buy finished product to make as a sample for their DIY series. Besides, the Sweetie Dolls will come out with many series or seasoning dolls for customers to purchase. Therefore, cost plus pricing can help Sweetie upcycled dolls to gain the profits in future. 3. Generating product experience Sweetie Barbie doll is a web based business. Web based business is a low startup cost for a new business and easily to get a website to sell the products. Sweetie is an online store that design consist an ease of use and purchase, functionally, simple graphics with information about products and legible text. This is to make customer feel more relax by using Sweetieà ¢Ã¢â ¬Ã¢â ¢s site to purchase the product. Moreover, customers are easily to look for products due to this site have provided good information of each product. On this website, the c ustomer can have convincing experiences which provide interactively, entertainment and human interest to use. For interactively example, customers have a forum to share information or chatting between the customers or sellers. In our online store, customer can easily to discover more about our productsà ¢Ã¢â ¬Ã¢â ¢ information such as operation side and history of these products. Besides this, consumer can easily to surf our website due to simple graphic which avoids distracting and obnoxious graphical. Hence, the simple design look of website is easy for customer to use and search information they want about the products. Then, customer can enjoy few clicks to purchase service to quicker to purchase a product. Sweetie upcycled doll online store use a simple and ease of use website to attract the customers. Therefore, Sweetie upcycled online store will also organize competition activities to create the awareness of brand name. For example, Sweetie can organize competition activities in online social website such as Facebook to encourage the readers the click à ¢Ã¢â ¬Ã
âlikeà ¢Ã¢â ¬Ã before join the competition and share to their friends to click like for the page. Hence, this can increase and expose the brand name of Sweetie to public. Additionally, these activities can create awareness of green environment to public to draw their attention. Consequently, customers can give any feedback and comments to the site and it will be responded quickly to let the customers have better experience for purchasing products in the site. 4. Commitment In Sweetie upcycled doll website has user agreement for users who already acceptance through the registration of a Sweetie upcycled account. The user agreement and all policies have posted in our website. Then, the users have to agree to confirm the agreement before using our sites services. After make agreement, buyer will receive an email for confirmation and acceptances become the user of Sweet ie upcycled doll. The contract between sellers and buyer will be done after the company has sent the productsà ¢Ã¢â ¬Ã¢â ¢ information to customer and customers make sure to read and go through all the information before making any transaction. For become Sweetie members, the users can refers to the personal profile to check the status ad record of online transaction. Besides, the websites also provide customer services for customers to answer their questions. For example, customer can track their package, the rate of shipping, and others. Hence, customers can easily settle their question by provided answers. Besides, our website also provides online chat for buyers and seller can communicate while surfing online. Then, customers can direct ask their problem with on duty workers online. Sweetie upcycled online store will try to solve the buyersà ¢Ã¢â ¬Ã¢â ¢ problem. 5. Payment The flourish of e-commerce was encourages the demand for the product purchased via th e Internet for the service of payments. In e-commerce the payment systems of suppliers can be divided into two groups which are, (1) banks and acquires and (2) non- bank intermediaries which offering payment based on different type of innovative solutions. Online payment defined as customer or buyer use internet to make certain payment transactions when purchased for the goods and services. Online payment for businesses can lower the costs of transaction when more payment was made and will spend less for paper and postage. Hence, online payment also helps to increase the customer retention because the detail and information of the customers was entered and stored in the same e-commerce site. Moreover, online payment is convenience for customer to make payment in any places just a click of a mouse and not necessary for the customers to be in a long queue as payment. Electronic payment systems allow customer to pay online for the goods and services by using hardware and software sy stems. Electronic payment systems are most focus on improve security and customer convenience and to increase efficiency and ease of use to make payment. There are some methods and tools that can allow electronic payment system to implementation. Online payment methods included cards payment, alternative payment and digital wallet payment. The cards payment include credit cards, debit cards, or stored value cards. Hence, alternative payment such as online bank transfer or direct debit. Digital wallet payments such as Paypals or Google wallet are use as online payment merchants. According to Laudon and Traver (2002) defined that credit cards is functionality use for online shopping payment tools. Hence, the credit cards also are the famous payment method in global online payment (OECD, 2006). Therefore, customers was generally accepted this payment system and merchants throughout the world. There have several advantage of this cards payment system such as privacy, good transaction efficiency, acceptability, convenience, mobility, low financial risk and compatibility (Singh Sumanjeet, 2009). These advantages were never available in traditional payment system. Since 1996, debit card transactions have been growing at over twenty percent per year at the point of sale and now surpass credit card transactions. According to Jonker and Nicole (2005) stated that debit card are most frequently used by younger, better-educated individuals. This is because debit cards are draw from liquidity hence credit cards are draw from debt. Debit cards are most favorite way of customer to choose for payments. Debit cards are linked to customersà ¢Ã¢â ¬Ã¢â ¢ account in banks which have two types included signature-based and PIN-based. Both functions usually exist in one card. As conclude, debit cards are becoming the leading form of payment in electronic payment systems. A stored value card is like a universal gift card which issued in a given amount of money used to mak e purchase in any time. The individual holds the store valued card can deposits money into an account before to make payment. The stored value card is an independent card from any bank account which has brings unique benefits and risks for users. A store value cards can used to make payment for buying goods and services. Additionally store value card was store customersà ¢Ã¢â ¬Ã¢â ¢ information electronically on a magnetic stripe or computer chip. Normally, store value cards have held all the needed information to identify the card and its value. For example, customer can check the balance recorded when make a purchase at a merchantà ¢Ã¢â ¬Ã¢â ¢s point of sale terminal. When business used this payment tool, the people will become more loyal and spend more money on certain online shopping websites. As a result, Sweetie upcycle Barbie has provide payment methods included credit cards, debit cards, store value cards, online transaction and paypals for customers to choose f or their convenience payments methods. 6. Fulfillment or deliveries Order fulfillment is a main procedure in managing the supply chain in an organization (Keely, 2002). Next, order fulfillment included filling, generating, delivering and servicing customer orders. Therefore, management must propose a network and a fulfillment process to meet the customer need in order to maximize profitability before accomplish these tasks. The orders received from customers and ends with the finished good deliveries. The main objectives of the order fulfillment performance can be separate into two propositions: (1) fulfill the customer order by delivering the qualified product at the right time and right place, and (2) to handle uncertainties from external or internal environment quickly (Chirstopher, 1992 Goldman, Nagal and Preiss, 1995). Companies must adapt quickly to market as order fulfillment performance has become more important. Sweetie online store have a good logistic system for delivering the product to customers. Therefore, Sweetie online store will cooperate with Gdex transportation to send out the product to buyersà ¢Ã¢â ¬Ã¢â ¢ house after receives the order from buyer. Buyers can put the products into shopping cart before make an order. Hence, buyers can review the ordered goods for accumulate productsà ¢Ã¢â ¬Ã¢â ¢ price list that have added into cart. After buyers have make payment, Sweetie will quickly make invoice for operation side to process. The operational side wills quickly packing the products, shipping and delivery within the time. Sweetie online store is trying to fulfillment the buyersà ¢Ã¢â ¬Ã¢â ¢ wants which is quickly delivery product with good condition. The buyer can return the product within 3-5 days if notice the product was damaged or wrong order. Sweetie online store will check back the order and solve the problem for mistake. On the other hand, Sweetie Upcycled store will sent to the customer al the delivery inf ormation for customer can track their product after purchase from site. Hence, these make customers feel happier and gain more confidence with the services. 7. Issues- culture, managing infrastructure and business risks. Sweetie upcycled dolls is a new business then would be lack of knowledge to plan the business become fluent. Business risk such as financial risks will occurs in this business. For example, when the order is inability to take, issues wrong invoice and customer defection. These will affect the profit of business dropped. This make the customer feel loss confidence with the online company. Hence, the business risks are marketing risks. For example, supplier increase the price of doll cause price risks occurs. Owner forces to rise up the price to recover the costs. Hence, Sweetie online store have to take action to prevent this risks happen in future. Next issues in this new business will be the managing infrastructure. The infrastructures that Sweetie will be cooperate with the Gdex Company to send the product for customers. But, the unexpected condition will happened due to delay arrive to customer. This will influence the online reputation of business. Therefore, the Sweetie online stores try to prevent these issues in the future. Jonker, Nicole, Payment Instruments as Perceived by Consumers à ¢Ã¢â ¬Ã¢â¬Å" a Public Survey,à ¢Ã¢â ¬Ã September 2005. Working paper, De Nederlandsche Bank. Laudon, C. K. Traver, C. (2002). E-Commerce. New Delhi: Pearson Education. Narahari, Y., Raju, C. V. L., Ravikumar, K., Sourabh Sah. (2005). Dynamic pricing models fo electronic business. Sadhana, 30 (12), 231-256. OECD, (2006). Online Payment Systems for E-commerce. OECD Digital Economy Papers, 117, OECD publishing. Porter, M. E. (1998). Competitive strategy:Techniques for analyzing industries and competitors, free press NY. Rahbar, E., Nabsiah, A. W. (2010). The Malaysian consumer and the environment: purchase behavior . Global Business and Management Research: An International Journal, 2(4), 323-336. Singh Sumanjeet. (2009). Emergence of payment systems in the age of electronic commerce: the state of art. Asia Pacific Journal of Finance and Banking Research, 3(3). Wilson, D. T. (1995). An Integrated Model of Buyer-Seller Relationships. Institute for the Study of Business Markets The Pennsylvania State University. ISBM Report lo-1995. Keely L. Croxton, à ¢Ã¢â ¬Ã
âThe Order Fulfillment Process,à ¢Ã¢â ¬Ã The International Journal of Logistics Management, Vol. 14, No. 1 (2002), pp. 19-32. https://scm-institute.org/booksamples/PageOneOfChapter06.pdf https://faculty.fuqua.duke.edu/~jssong/bio/Publications/atoqueue.pdf https://www.pearsoned.ca/highered/divisions/text/cyr/readings/Ricker_KalakotaT3P1R2.pdf
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