Sunday, May 24, 2020

Kylie Alexandra Fink. Mr. Broome. Honors English Ii. May

Kylie Alexandra Fink Mr. Broome Honors English II May 17, 2017 The Thought Provoking Story of Kate Chopin â€Å"The Story of an Hour† by Kate Chopin makes one ask themselves â€Å"why†. The story is a very thought provoking. It is about a woman, Louise, whose husband â€Å"died† in a train accident. When she finds out, she thinks of herself as free. Why would she be so happy when she just found out that her husband, Brentley, had died? She then finds out that her husband did not die. She then dies after seeing him. Why would she die after seeing him and seeing that he is alive? One would think, why would Kate Chopin write a story so different? In those days, those types of stories were very frowned upon. The real question is, where did she get†¦show more content†¦Another idea was that a woman should always look her best. A woman should keep her home in perfect condition for her husband. Also in magazines, art drawings were showed of women caring for all the needs of their children and husbands. (Aslan 1-3 , Turner1) If Louise was so unhappy why would she not get a divorce? In the 1800’s it was socially unacceptable for women to get a divorce. Louise would lose everything if she divorced her husband. Males in the 1800’s would get everything if the couple divorced. The only way for a wife to get anything after a marriage was for a husband to die. Women did not have any rights, and feminism was not a common idea. (Though the women in those times did have it a little better than their ancestors.) After the divorce, men would get the children and his property. Since her husband died, Louise would get his property and all the money. She could now go, travel, and have all the adventures that she dreamed of without the worry of someone at home waiting for her or holding her back. Louise would not have to be suppressed by Brentley. She would not have to do chores or cater for all the needs of her husband. (Stenley 12) With all the thoughts of happiness in her head a fter her husband died one would think she would have a mental problem. If a person look close enough they would see in her psychological state she confused the barrier of between reality and

Monday, May 18, 2020

Sample Argumentative and Persuasive Writing Prompts

Any of the 40 statements or positions below may be either defended or attacked in an argumentative essay or speech. Selecting a Position In choosing something to write about, keep in mind Kurt Vonneguts advice:  Find a subject you care about and which you in your heart feel others should care about. But be sure to rely on your head as well as your heart: select a topic that you know something about, either from your own experience or  from that of others. Your instructor should let you know whether formal research is encouraged or even required for this assignment. Because many of these issues are complex and wide-ranging, you should be prepared to narrow your  topic  and focus your approach. Selecting a position is only the first step, and you must learn to prepare and develop your position persuasively. At the end of the following list, youll find links to a number of argumentative paragraphs and essays. 40 Topic Suggestions: Argument and Persuasion Dieting makes people fat.Romantic love is a poor basis for marriage.The war on terror has contributed to the growing abuse of human rights.High school graduates should take a year off before entering college.All citizens should be required by law to vote.All forms of government-funded welfare should be abolished.Both parents should assume equal responsibility in raising a child.Americans should have more holidays and longer vacations.Participating in team sports helps to develop good character.The production and sale of cigarettes should be made illegal.People have become overly dependent on technology.Censorship is sometimes justified.Privacy is not the most important right.Drunk drivers should be imprisoned for the first offense.The lost art of letter-writing deserves to be revived.Government and military personnel should have the right to strike.Most study-abroad programs should be renamed party abroad: they are a waste of time and moneyThe continuing decline of CD sales along wit h the rapid growth of music downloads signals a new era of innovation in popular music.College students should have complete freedom to choose their own courses.The solution to the impending crisis in Social Security is the immediate elimination of this government program.The primary mission of colleges and universities should be preparing students for the workforce.Financial incentives should be offered to high school students who perform well on standardized tests.All students in high school and college should be required to take at least two years of a foreign language.College students in the U.S. should be offered financial incentives to graduate in three years rather than four.College athletes should be exempted from regular class-attendance policies.To encourage healthy eating, higher taxes should be imposed on soft drinks and junk food.Students should not be required to take physical education courses.To conserve fuel and save lives, the 55 miles-per-hour national speed limit should be restored.All citizens under the age of 21 should be required to pass a driving education course before receiving a license to drive.Any student caught cheating on an examination should be automatically dismissed from college.Freshmen should not be required to purchase a meal plan from the college.Zoos are internment camps for animals and should be shut down.University students should not be penalized for illegally downloading music, movies, or other protected content.Government financial aid for students should be based solely on merit.Nontraditional students should be exempted from regular class-attendance policies.At the end of each term, student evaluations of faculty should be posted online.A student organization should be formed to rescue and care for the feral cats on campus.People who contribute to Social Security should have the right to choose how their money is invested.Professional baseball players convicted of using performance-enhancing drugs should not be co nsidered for induction into the Hall of Fame.Any citizen who does not have a criminal record should be permitted to carry a concealed weapon.

Wednesday, May 13, 2020

Automated Teller Machine An Electronic Banking Outlet

AUTOMATED TELLER MACHINE Abstract - An automated teller machine, also known as an automatic teller machine that enables the customers of a financial institution to perform financial transactions, particularly cash withdrawal, without the need for a human cashier, clerk. Introduction - An automated teller machine (ATM) is an electronic banking outlet, which allows customers to complete basic transactions without the aid of a branch representative or teller. Anyone with a credit card or debit card can access most ATMs. The first ATM appeared in London in 1967, and in less than 50 years, ATMs spread around the globe, securing a presence in every major country and even tiny little island nations such as Kiribati and the Federated States of†¦show more content†¦There are two types of ATM installations: on- and off-premises. On-premises ATMs are typically more advanced, multi-function machines that complement a bank branch s capabilities, and are thus more expensive. Off-premises machines are deployed by financial institutions and Independent Sales Organizations (ISOs) where there is a simple need for cash, so they are generally cheaper single function devices. Most ATMs are connected to interbank networks, enabling people to withdraw and deposit money from machines not belonging to the bank where they have their accounts or in the countries where their accounts are held (enabling cash withdrawals in local currency). Some examples of interbank networks include NYCE, PULSE, PLUS, Cirrus, AFFN, Interact, Interswitch, STAR, LINK, Mega Link and Banc Net. ATMs rely on authorisation of a financial transaction by the card issuer or other authorising institution on a communications network. This is often performed through an ISO 8583 messaging system. Many banks charge ATM usage fees. In some cases, these fees are charged solely to users who are not customers of the bank where the ATM is installed; in other cases, they apply to all users. An ATM is typically made up of the following devices: CPU (to control the user interface and transaction devices) Magnetic or chip card reader (to identify the customer) PIN pad EEP4 (similar in layout to a touch tone or calculator keypad), manufactured as part of a secureShow MoreRelatedEssay Bank Accounting Information System And Electronic Banking4510 Words   |  19 Pages Bank Accounting Information System And Electronic Banking Introduction   Ã‚  Ã‚  Ã‚  Ã‚  Information technology has had as much impact on our society as the industrial revolution. In the information age, companies are finding that success or failure is increasingly dependent on their management and use of information. 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A bank has to manage its liquidity efficiently in order to maximize profit and to fulfil regulationRead MoreImpact Of Electronic Banking On Customer Satisfaction And Bank Profitability Essay1817 Words   |  8 PagesUniversity Impact of Electronic Banking products to customer satisfaction and bank profitability Ishmael Sillah Number 9 CIS 500 10-28-2016 Abstract In the world today, majority of the work we perform in our different organisations are done with the use of technology. These technological products have been one main reason why most organisations are successful and efficient in their line of business today. Previously in the banking industry, traditional banking (i.e Brick and mortar/Branches)Read MoreDigital Indi Challenges Of Data Mining Essay1387 Words   |  6 Pagesventures and how they are being utilized in the current scenario. 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InductionRead MoreImpact of Ict on Accounting Practice in Nigeria1663 Words   |  7 Pageswithin management accounting and Information system is coming alive with the advent of Information and Communication Technology (ICT), such as Enterprise Resource Planning (ERS) system, software and ancillary equipment such as Automated Teller Machine (ATM), debit cards, electronic commerce, computer hardware, database, internet, intranets, Extranet, Telecommunication, Oracle, Structural Adjusted Program (SAP), Peachtree, Tax Software(Turbo Tax) and Statistical Package for Social Sciences (SPSS).     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Read MoreComputer Application in Banking3721 Words   |  15 Pagesmany ways, e-banking is not unlike traditional payment, inquiry, and information processing systems, differing only in that it utilizes a different delivery channel. Any decision to adopt e-banking is normally influenced by a number of factors. These include customer service enhancement and competitive costs, all of which motivate banks to assess their electronic commerce strategies. The benefits of e-banking are widely known and will only be summarized briefly in this document. E-banking can improveRead MoreCustomer Satisfaction of ATM Service8499 Words   |  34 PagesCustomer Satisfaction of ATM Service: A Case Study of HSBC ATM Dr. Md. Rafiqul Islam Dr. Samir Kumar Sheel Pallab Kumar Biswas * Abstract: The Automated Teller Machine (ATM) is one type of innovation that can mechanically accept deposits, issue withdrawals, transfer funds between accounts, collect bills, and make small loans. This study aims at investigating the satisfaction levels of HSBC ATM cardholders (both staff and nonstaff) with respect to various aspects (promptness of card delivery, theRead MoreImpact of Ict on the Performance of Banks. a Case Study of Barclays Bank Ghana17017 Words   |  69 Pages..............................................................IV Table of Content v Preamble 7 CHAPTER 1 OVERVIEW OF THE IMPACT OF ICT ON BANKS 12 1.1 Electronic Banking†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.....12 1.2 The Concept and definition of ICT.....................................................................................13 1.3 ICT in Banking Operations..................................................................................................16 1.4 Information and Communication TechnologyRead MoreThe Role of Ict in Banking Operations13419 Words   |  54 PagesTHE ROLE OF ICT IN BANKING OPERATIONS CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The Nigerian banking system has undergone remarkable changes over the years, in terms of the number of institutions, ownership structure, as well as depth and breadth of operations. These changes have been influenced largely by challenges posed by deregulation of the financial sector, globalization of operations, technological innovations and adoption of supervisory and prudential requirements that conformRead MoreElectronic Banking And Service Delivery2765 Words   |  12 PagesELECTRONIC BANKING AND SERVICE DELIVERY IN COMMERICAL BANKS BY: MUHAMMAD SAQLAIN VSS 3372 FEBRUARY 2015 ACRONYMS ATMS Automated Teller Machines B2B Business-To-Business EFT Electronic Banking, Also Known As Electronic Fund Transfer FA Factor Analysis IMC Integrated Marketing Communications IVR Interactive Voice Response PINS Personal Identification Numbers PLCC Pearson Linear Correlation

Wednesday, May 6, 2020

Europeans in Jamaica - 1509 Words

When did they come? Jamaica was first colonized by a native group of South American origin who, in the early history of Jamaica, called their home a paradise of wood and water. The Arawak were there to greet Christopher Columbus when he arrived in Jamaica in 1494, beginning a long period of European colonization there. The history of Jamaica as a European outpost saw the island under Spanish rule for 150 years, during which the city now known as Spanish Town was established and flourished as the colonys economic hub. In the 1650s, Jamaica was captured by the British. Despite turning Jamaica into a profitable colony, continued harassment by a group of ex-slaves - brought over throughout the Spanish period and set free during their†¦show more content†¦They were laborers on plantations, domestic servants, and skilled artisans (tradesmen, technicians, and itinerant traders). The wealth created in Jamaica by the labor of black slaves has been estimated at  £18,000,000, more than half of the estimated total of  £30,000,000 for the entire British West Indies. It has been postulated that the profit generated by the triangular trade (involving sugar and tropical produce from the British Caribbean colonies, the trade in manufactured goods for slaves in Africa, and the trade of slaves in the British Caribbean) financed the Industrial Revolution in Britain. More than 1 million slaves are estimated to have been transported directly from Africa to Jamaica during the period of slavery; of these, 200,000 were reexported to other places in the Americas. During the 17th and 18th centuries, the Akan, Ga, and Adangbe from the northwestern coastal region known as the Gold Coast (around modern Ghana) dominated the slave trade to the island. Not until 1776 did slaves imported from other parts of Africa-Igbos from the Bight of Biafra (southern modern Nigeria) and Kongos from Central Africa-outnumber slaves from the Gold Coast. But slaves from these regions represented 46 percent of the total number of slaves. The demand for slaves required about 10,000 to be imported annually. Thus slaves born in Africa far outnumbered those who were born in Jamaica; on average they constituted more than 80 percent ofShow MoreRelatedJamaicas Original Inhabitants Were The Arawak Indians1046 Words   |  5 Pages Jamaica s original inhabitants were the Arawak Indian s, who called the island Xaymaca, meaning either â€Å"land of wood and water† or â€Å"land of springs.† Columbus landed on the island in 1494. The Arawaks were decimated within a few decades by European diseases and the harsh life settlers imposed on them. The Spanish occupied the island until 1655, when it was captured and colonized by the English. By the late 17th century, the English had established sugarcane plantations and were importing large numbersRead More History of Jamaica Essay1402 Words   |  6 PagesHistory of Jamaica Columbus discovered Jamaica on May 5, 1494, one year after he heard of the existence of the island. However, the true history of Jamaica begins with the African-Jamaican people who came to the island twenty years after the English took control from the Spaniards. The history of Jamaica can be broken up into different time periods, which were defined by watershed moments or events. Jamaican historyRead MoreOverview of Cultural Anthropology1117 Words   |  5 Pagesï » ¿Cultural Anthropology The nature of the culture: farming, hunting, gathering, fishing, cattle raising, industrialization etc. The uses and measures of wealth. Jamaica has a history of farming, hunting, gathering and fishing going back to colonial days. This is when the British colonized the country in order to provide them with a number of agricultural products they could sell on the world markets. The most notable include: sugar cane, coffee, bananas, yams, citrus fruits, vegetables and fishRead More Colonialism in the Caribbean Essay1563 Words   |  7 Pagesthe Spanish. According to Mintz, the Hispanic Caribbean was settled by Europeans who had come to stay and to become creoles; nowhere and at no time in the Hispanic islands did African slaves ever outnumber freeman of European origin (Mintz 28). Therefore, contemporary Puerto Rico, Dominican Republic, and Cuba are all very culturally diverse places who all have distinctive combinations of African, Native American, and European influences. For historical reasons, different regions of these islandsRead MoreEconmics973 Words   |  4 Pagesdistinguishing where we are and where we are g oing. For this assignment our CLC will take a look and begin to better understand how Germany has developed, while simultaneously understanding how Jamaica is developing. Our CLC group will prepare a report incorporating the following information on Germany and Jamaica. We will employ the country s top five exported and imported products for the most recent year available. Furthermore, we will employ the country s top five trading partners. Note it is importantRead MoreEssay on Jamaica: History, Government, People, Religion1238 Words   |  5 PagesJamaica: History, Government, People, Religion   Ã‚  Ã‚  Ã‚  Ã‚  Jamaica is a tropical island, located in the heart of the Caribbean Sea. Around the coastlines are beautiful beaches with crystal clear blue-green water. In some respects, this is the majority of what people know about Jamaica. In this orientation text you will better understand Jamaica’s history, the people who live there, the many different religions, geography, and governments that have ruled the land.   Ã‚  Ã‚  Ã‚  Ã‚  The land of Jamaica is veryRead MoreJamaican History Essay1309 Words   |  6 PagesJamaica: History, Government, People, Religion Jamaica is a tropical island, located in the heart of the Caribbean Sea. Around the coastlines are beautiful beaches with crystal clear blue-green water. In some respects, this is the majority of what people know about Jamaica. In this orientation text you will better understand Jamaicas history, the people who live there, the many different religions, geography, and governments that have ruled the land. The land of Jamaica is very small. TheRead MoreThe Island Of Jamaica, Jamaica1464 Words   |  6 Pagesproject I chose the island of Jamaica, a place that I have been longing to visit for quite sometime. Jamaica is an island that is a part of the Greater Antilles located 90 miles south of Cuba and 100 miles west of Haiti. The island has an area of 4,243 square miles and a 635-mile coastline. This beautiful island is covered in rugged mountains, with some being volcanic, and has its highest peak on Blue Mountain at 7,401 feet! (Briney) As of July 2014 the population of Jamaica is 2,930,050 people, whichRead MoreRhetorical Analysis Of Bay Leaves And Cinnamon Sticks1244 Words   |  5 Pages pathos, and logos. Jamaica, formerly known as â€Å"Xaymaca† is where Millie is from, and where she leaves her family while she works to support them in New York. Like other civilizations, In the 1400’s, European powers colonized Jamaica. Precisely, Christopher Columbus and the Spaniards, they were the ones to extort, deprive, and execute the inhabitants. Furthermore, even though slavery in Jamaica ended in 1808, England was still in control, important politicians in Jamaica helped push towards JamaicanRead MoreGateway to Sexual Attraction1235 Words   |  5 Pagesbyproduct of deep-seated and haunting identity trauma inflicted by Europeans through slavery and colonialism of the Americas and Caribbean. Due to this trauma, women have interpreted bleaching their skins as a way to increase their sexual attractiveness. Colorism, as defined by Margaret Hunter of the Sociology and Anthropology Department of Mills College is â€Å"a function of racism and social stratification, first introduced by Europeans during the colonization of the New World.† Through colorism, an

What Everybody Dislikes About Toefl Essay Topics 2018 and Why

What Everybody Dislikes About Toefl Essay Topics 2018 and Why The New Angle On Toefl Essay Topics 2018 Just Released Questions are a standard method of getting interest, together with evocative language or a strong statistic Don't assume your audience is already knowledgeable about your topic. Make sure you realize the subject, the procedure, or the difference for each eplanations. Giving an explanation may also be called Making an Argument in some instances. Prior knowledge of the subject under discussion isn't necessary to come to the proper answer. You don't have to have much specific knowledge on any topic to be successful. You have to write just on the topic that's assigned to you. The topic is going to be a comprehensive surprise. In our website the topics are grouped in accordance with their type. Sentences 2-3 describe the very first cause. To state your principal point, your very last sentence in the very first paragraph is important. Folks take part in plenty of distinct actions to preserve their wellness. People dwelling in the 21st century are enjoying better quality of life in comparison to folks who lived in the past centuries. They should sometimes do things that they do not enjoy doing. It's important the top choice doesn't hamper the capability of the student to make an intriguing piece. Other men and women firmly think that being taught by a teacher is always the best thing. Therefore, among the lowest scores students may receive is for missing the topic. All parents ought to be asked to volunteer t ime to their sons' and daughters' schools. Ok, I Think I Understand Toefl Essay Topics 2018, Now Tell Me About Toefl Essay Topics 2018! Some individuals would like to have the government to spend more cash for looking life on other planets, however others think that it is waste of public money whenever there are a lot of problems on earth that the government ought to be solving. With the aid of technology, life is easier today than previously. Some individuals feel your community would be a very good place to track down the university. The best method to fix environmental problems due to consumer-generated waste is for towns and cities to impose strict limits on the total amount of trash they'll accept from every household. As you pay for homework, we provide those options at no cost. Just like the Reading section, the lectures will concentrate on something to do with academia, but the test-taker doesn't need a prior understanding of the material in order to obtain the ideal a nswer. It is possible to also practice brainstorming or planning reasons even if it's the case that you don't compose a comprehensive reaction. Other people think that such competition seriously limits the standard of authentic learning. You may be asked to compose an essay about technology, education, media, family members, or another subject. Honest, dedicated practice is considerably more useful and potent. GST regime that was planned to raise the pace of financial growth is at present roadblocks to different stakeholders. One of the most difficult sections to prep for on the TOEFL may be the essay. TOEFL is among both major English-language tests in the Earth, the other being the IELTS. Eventually, you will want to have a comprehensive TOEFL practice examit's the only means to be fully ready for the TOEFL. The TOEFL Test is currently predominately an iBT, although the paper-based may continue to be available in some places. You shouldn't utilize statistics since you won't be in a position to research during the exam. Fortunately, you don't will need to come in the TOEFL with a prior comprehension of the topic at hand as a way to find the most suitable answer. This list of questions appears right on the TOEFL practice website and might show up on your true TOEFL writing test. These topics may show up on your actual TOEFL. Then take a look at a list of argumentative essay advice to help you begin. As tempting as it might appear to skip past the extra info and go right to the list of persuasive essay topics, don't do it. Take a look at this list of SAT essay prompts that will help you kickstart your studying! This guide to writing a college essay is a huge method to begin on your essay organizing journey! The conventional five-paragraph essay is normal in writing argumentative essays, but it's only one approach to write one. PaperCoach will be able to help you with all your papers, so take a look at this time! Don't immediately begin writing.

Video Analaysis Social and Commercial Entrepreneurship

Question: Discuss about the Video Analaysis for Social and Commercial Entrepreneurship. Answer: Business Model Innovation This video is about the business model innovation. It is important to mention that the innovation is limited not only to the technological side of the business but also to the functional or the operational side of the business. It would be correct to say that the innovation is the key factor to develop the competitive advantage (Grissemann Plank, 2013). Typically, the competitive advantage is developed in one of the two ways, either by creating the unmatched customer value or by reducing the cost (Nguyen, 2011). In the current business environment, innovation is much more than creating a new idea, creating a new technology or heavy research and development. In most of the cases, innovation is all about the learning from existing business models and re-inventing the business model (Wang, 2013). There is a structured process of innovation that the organizations should use. The first step of the innovation process is initiation followed by ideation, integration and implementation. It i s recommended that the organizations should analyze their business models before making any change. One the business model is analyze, the organizations should apply the 55 innovation patterns and check for the consistency. Based on the 55 innovation patterns, the organizations should identify the best innovation pattern for them. The organizations should take a careful approach while implementing the business model of innovation. The leaders and managers should keep the critical success factors and pitfalls in mind. The 90% of the changes fails in the organization due to lack of support from employees (Ortlieb, 2015). Therefore, it is recommended that the leaders and managers should discuss the drivers of change with employees. It is also important that the organizations should take the approvals from project sponsors and senior management. The idea or the concept of business model innovation could be applied to the established organization like Intel that wants to enter in the smart phone manufacturing business (Schreiber, 2015). It is important that the leaders of Intel should learn from the existing business models in the industry. There is no need to start the innovation or business model from scratch (Salmelin, 2013). The mobile phone industry is a developed and matured industry and Intel can learn a lot from the business models of existing companies like Apple and Samsung. It is important that the leaders of Intel should have a structured and systematic method of innovation (Strutton, 2014). The leaders should discuss the idea with different stakeholders of the company and it is important that all the employees of the company must support their leaders. Intel should understand that innovation demands time and the short term KPIs could be ignored in order to have a large gain in place. CAGE Framework (https://www.youtube.com/watch?v=7FpUJaG7uMk) The video is about the CAGE framework. The CAGE Distance Framework identifies Cultural, Administrative, Geographic and Economic differences or distances between countries that companies should address when crafting international strategies (Tarzian Force, 2013). It may also be used to understand patterns of trade, capital, information, and people flows (Terjesen, 2013). The video explains that the trade is more in the countries that have something in common as compared to the countries that does not have anything in common. The commonalties between the countries could be found on the lines of culture, geography, language, ideas, etc. The CAGE framework helps the organizations to select the countries for expansion. The video explains that there could be different types of distances across different industry verticals. (Rudolf, 2015). For example, the geographic distance, would affects the costs of transportation and therefore, it is of importance to companies dealing in heavy or bulk y products. Another type of difference is the cultural distance that affects consumers product preferences. It is crucial for service based firms, but it is much less important for a cement or steel business (Huang, 2012). With the use of CAGE framework, the organizations in the home country could decide the next country where the organization should expand. For example, an American organization can use this framework to make a choice between Canada and Mexico for expansion. The CAGE framework is a powerful model that could be applied to various organizations. Typically, the CAGE framework is used by multinational organizations that have to operate in multiple geographies (Haynes, 2014). The Australian organization like Qantas Airways can use this framework to make the expansion decision (Santos, 2012). Qantas is a global company with its presence in most of the developed nations. Qantas may have the option to expand its business in New Zealand or Singapore. The use of CAGE framework would help the organization to decide the best alternative between New Zealand and Singapore. With this framework, Qantas can develop a matrix where these countries (New Zealand and Singapore) would be scored on different dimensions. Based on the matrix or the result calculation, the management of Qantas can take the expansion decision (Mickiewicz Stephen, 2013). The CAGE framework should be applied in a systematic and structured manner. The first step for Qantas would be t o determine or identify the countries for which this framework should be applied. It is important that the distinction should not be made for more than five or six countries, otherwise it could be a very complex process (Gordon, 2012). Once the countries are identified, the management and leaders of Qantas should gather the industry data, statistics and knowledge to give score to these countries across different parameters and dimensions (Baregheh Rowley, 2009). The organization can also consult the outside specialists and consults to give scores on these dimensions. References Baregheh, A., Rowley, J. Sambrook, S. (2009) Towards a multidisciplinary definition of innovation,Management Decision, 47 (8), pp.1323-1339. Davari, A., Strutton, D. (2014). Marketing mix strategies for closing the gap between green consumers' pro-environmental beliefs and behaviors.Journal of Strategic Marketing, (ahead-of-print), 1-24. Estrin, S., Mickiewicz, T., Stephan, U. (2013). Entrepreneurship, social capital, and institutions: Social and commercial entrepreneurship across nations.Entrepreneurship theory and practice,37(3), 479-504. Grissemann, U., Plank, A., Brunner-Sperdin, A. (2013). Enhancing business performance of hotels: The role of innovation and customer orientation. International Journal of Hospitality Management, 33, 347-356. Gordon, R. (2012). Re-thinking and re-tooling the social marketing mix. Australasian Marketing Journal (AMJ),20(2), 122-126 Gu, Q., Wang, G. G., Wang, L. (2013). Social capital and innovation in RD teams: the mediating roles of psychological safety and learning from mistakes.RD Management,43(2), 89-102. Huang, R., Sarigll, E. (2012). How brand awareness relates to market outcome, brand equity, and the marketing mix.Journal of Business Research,65(1), 92-99. Lepoutre, J., Justo, R., Terjesen, S., Bosma, N. (2013). Designing a global standardized methodology for measuring social entrepreneurship activity: the Global Entrepreneurship Monitor social entrepreneurship study.Small Business Economics,40(3), 693-714. Nguyen, T. D., Nguyen, T. T. (2011). An examination of selected marketing mix elements and brand relationship quality in transition economies: Evidence from Vietnam.Journal of Relationship Marketing,10(1), 43-56. Rudolf, S., Ortlieb, C., Tnnes, C., Schuh, G. (2015). Discovering product innovation potential within existing product architectures.Applied Mechanics Materials,794. Salmelin, B. (2013). The Horizon 2020 framework and Open Innovation Ecosystems.Journal of Innovation Management,1(2), 4-9. Santos, F. M. (2012). A positive theory of social entrepreneurship.Journal of business ethics,111(3), 335-351. Tarzian, A. J., Force, A. C. C. U. T. (2013). Health care ethics consultation: An update on core competencies and emerging standards from the American Society for Bioethics and Humanities Core Competencies Update Task Force.The American Journal of Bioethics,13(2), 3-13. Schreiber, U. 2015. Megatrends 2015: making sense of a world in motion. Ernst Young. pp. 1- 56 Qian, H. Haynes, K.E. (2014) Beyond innovation: the small business innovation research program as entrepreneurship policy,Journal of Technology Transfer, 39 (4), pp.524-543.

Tuesday, May 5, 2020

Managing Product & Service Innovation-Free-Samples for Students

Question: Innovation is increasingly being considered as a core competency that organisations must develop. Companies that consistently innovate don't rely on chance; they address innovation in a systematic way. Answer: Introduction In the age of competitiveness, it is necessary that every organisation develop innovative techniques that can help it to satisfy customers and gain global recognition. Drucker (2014) stated that product and service innovation is important so that customers do not feel monotonous about buying the same product or using the same service. The assignment focuses on the development of an innovation framework necessary for gaining success in the business market. For the purpose of the assignment, Woolworths has been considered. Woolworths is an Australian retail store specialising in various types of products used for daily life (Woolworthsgroup.com.au, 2018). The assignment sheds light on the concept of innovation along with its types and provides an overview of the application of the innovative framework in Woolworths. The gaps in the application are identified and the area of weakness of Woolworths is discussed. Recommendations are provided to bridge the gap that exists and improve on th e weakness of the company. Background of the company Woolworths is a famous and major retail company situated in New South Wales, Australia. The greatness of the company is determined by the fact that it has over 995 stores all over the country. The number of employees in the company is about 202,000 with team members exceeding over 115,000 (Woolworthsgroup.com.au, 2018). The company looks after the welfare and health of the people in the country and because of this; it manufactures and produces fresh vegetables and fruits. The mission of the company is to produce and serve the best quality food to the customers so that they remain satisfied. This strategy allowed the company to set up Woolworths Australias Fresh Food People (Woolworthsgroup.com.au, 2018). It is considered as a type of social responsibility of the company wherein the company strives to maintain its mission. At the same time, Woolworths indulges in innovative factors to help in the satisfaction of the customers. In this regard, it can be seen that the vision of the comp any is to gain international recognition in the market and promote unity among the employees (Woolworthsgroup.com.au, 2018). Concept of innovation According to Johnston and Marshall (2016), innovation is a process to develop new ideas, devices and methods. At the same time, innovation is also considered as the application of solutions that are better than the existing solutions so that new requirements of an organisation can be met. The needs of the market, as well as the customers, are met with the advent of innovation in the market. Innovation can be achieved by using a more effective approach towards marinating the products, process, service and technologies. Innovation is mainly created in the models that are available in the market, Government policies and in the society in which an organisation functions. However, Christensen, Raynor and McDonald (2016) pointed out the fact that innovation is different from invention. This mainly because of the fact that invention deals with the discovery of a new thing or process that can help an organisation or individual get the desired recognition in the society. Innovation, on the other hand, makes changes to an invention once it is monotonous to the people. The originality of ideas of individuals that highlights the effectiveness of their skills is considered an innovation. Dutta, Lanvin and Wunsch-Vincent (2015) is of the opinion that in management science innovation is considered as a process that unites various ideas of individuals so that satisfaction of customers can be attained with an increase in profit for the organisations. Types of innovation According to Tukker et al. (2017), innovation can be of various types that can help organisations to pursue their objectives. To understand the types of innovation that exist in a market it is necessary to break down innovation into two dimensions. These include market and technology. The breakdown can provide four major types of innovation that organisations apply depending on the situation of the market. These include: Architectural innovation: Lusch and Nambisan (2015) observed that architectural innovation involves the application of lessons, skills as well technological advancement in a different market. The positive point of this particular innovation is that it helps in increasing the customers as long as the market in which it operates is responsive. The risk involved with the application of this type of innovation is low mainly because of this innovation relies on the use of technology that is already proved. The technologies that are required to be introduced in the market are reintroduced in the companies. However, on most occasions, it is necessary that the requirement of the new markets be met with the manipulation of certain activities (Gawer Cusumano, 2014). For example, the research centres of NASA attempted in improving the safety of the aircraft cushions. Radical innovation: This type of innovation is the most common thought that arises while considering innovation in organisations. This form of innovation gives rise to new industries and involves the creation of technologies that can revolutionise the technical aspects as well as the market. An example of this can be provided by tracing the origins of aeroplanes as it was not designed to provide transportation to the people. However, with the increase in population and the demand for people to continue to travel quickly, customer carrier planes were developed. Incremental innovation: According to Chesbrough, Vanhaverbeke and West (2014), incremental innovation is considered as the most popular form of innovation as organisations remain keen to apply this type for its success. The existing technologies are utilised and the value of the customers are increased. This type of innovation usually consists of the features of an organisation along with its design and changes it has made in the products and services. The existing markets are analysed so that the changes can be made and effectively utilised in the organisations. Bain and Kleinknecht (2016) stated that most organisations engage in incremental innovation at one point of its business tenure. An example of incremental innovation is the inclusion of new features in an already existing product or service. Disruptive innovation: Disruptive innovation is sometimes called stealth innovation as it involves the application of new technology and processes to a current market of a company. According to Christensen, Raynor and McDonald (2015), the reason for this type of innovation being referred to as stealthy is that new technologies that are developed can be superior and expensive for the existing markets to implement. Newer markets can implement disruptive innovation to pose threats to the already existing markets in a business. Some of the examples of companies that indulge in disruptive innovation include the distribution of the iPhones of Apple. This is because prior to the launch of iPhone most of the mobile phones relied on the use of buttons and backdated safety patterns for the phone. However, the latest technology applied by Apple has provided new ventures to the use of mobile phones in the modern generation. Figure 1: Types of innovation (Source: Drucker, 2014) In this regard, it can be said that the areas related to the capabilities of innovation can have strength and or weakness. The strength lies in the fact that innovation can help provide organisations with an ability to remain creative and access the areas of development. On the other hand, the weakness being that an organisation may have to spend a huge sum of money to recruit employees that have the capability of being innovative. Not only that, the technology required for being innovative also required huge investments. For example, in a company like Woolworths, innovation can help in ensuring that customers get to experience new form business from the company. This can be considered as strength for the company as innovation can bring about changes in the company and ensure that Woolworths achieve their number one rank in the Australian business. At the same time, the cost of purchasing the technologies required for innovation may be huge and Woolworths need to maintain its revenue . Developing an innovation framework Smith et al. (2017) stated that organisations innovate to create competitiveness and enhance the opportunities for maintaining effective production in the industry. The attitude of the organisations towards innovating products and the level of risks that are involved in the acceptance of products direct the innovative nature of managers and organisations. Thereby, a market for size and growth that is sufficient for innovation need to be analysed by the managers. Thereby it is necessary to implement certain frameworks that can help managers gain the maximum productivity from the market. One such framework that can be used is the Value-Added Corporate Innovation Management Framework. This framework makes a comprehensive analysis of the multi-dimensional reality involving various domains of innovation (Kleinknecht, 2016). This framework is basically composed of five layers that are required for the effective innovation of business. These domains include: Business base: As the name suggests, this particular domain covers the overall market activity of an organisation and analyses the business goals of an organisation. The business base is the foundation domain and based on this domain, organisations can cover the overall market of an organisation and analysis its strategic imperative and dynamics (Adams et al, 2016). Resources: The second domain is the people and machines that an organisation possesses. As stated by West and Bogers (2014) employees are the main resources of an organisation and it is necessary that managers maintain the interests of the employees by motivation. In the modern day, technology, business partnerships, collaboration with the external market and open innovation are considered for conducting innovation. Will and culture: This is used to address the leadership ability of an organisation and the employees. The governance of an organisation and the culture are analysed so that effective innovation can take place. This particular domain defines the innovation complex and the importance of leadership in creating innovation in the organisations. Solutions: This is one of the important domains as it helps in identifying the processes used to be imaginative and creative in the organisations. It analyses the process used by an organisation along with the tactics used for developing the products (Kogan et al., 2017). The management of innovation is considered as a critical process in organisations as it covers various aspects of an organisation. Value: This is considered as the topmost domains that analyse the portfolio of the innovations undertaken by a company. Matters such as financial stability, number of customers, brand and environment of an organisation are considered in the domain that helps in understanding the value of a company. Thus, having considered the framework, analysis can be made to understand the manner in which Woolworths applies this framework. Figure 2: Value-Added Corporate Innovation Management Framework (Source: Kleinknecht, 2016) Application of the innovation framework In reputed organisations, the application of the innovative framework can help organisations strengthen its resources. This is mainly because of the fact that the framework helps in analysing the capability of an organisation and consequently frames strategies for innovation. According to Shalley, Hitt and Zhou (2015), the Value-Added Corporate Innovation Management Framework can help an organisation like Woolworths to identify the potential gaps that exist in the company. The five domains act as a means of a supporting pillar of the organisation so that it can improve its capabilities and ensure that it achieves its mission and vision. As such, the application can be determined by identifying the areas in which innovation is required. The analysis of the company shows that Woolworths have issues in maintaining cybersecurity, preserving food and gaining feedback from the customers. These issues can create problems for an organisation, as these factors are essential to the success of an organisation. To spread the market with the application of online marketing, Woolworths need to strengthen the IT security of the company. Anderson, Poto?nik and Zhou (2014) stated that Woolworths does not have sufficient security protocols that can help the organisation maintain the security of the customers and the private information. Hence, it is necessary to strengthen the IT sector and ensure that the application of the framework can help in developing such security. Innovation framework that can be used in this case includes installing firewalls for the unauthorised access. The firewalls can come in the form of various animated shapes that track the IP address of the hackers before exposing them to the relevant authority. In the case of the dealing with the food preservation of the customers, it can be said that the vision of the company is to provide good and fresh quality food to the people in Australia (Woolworthsgroup.com.au, 2018). Hence, it is necessary that the company serve vegetables and fruits that are freshly grown in the market and in the backyard of the company. According to Vargo, Wieland and Akaka (2015), for maximising profit, it is necessary that Woolworths produce fresh food items so that the customers are not harmed. However, the challenge lies in the preservation of the food items and the manner in which the customers are protected from harm. Woolworths need to innovate in this area by implementing techniques that are useful for the conservation of food. Innovative can be made in the manner of producing the food by using ingredients that are new on the market. For example, if Woolworths is to use canning techniques for preserving the food, it can make the cans in a manner that it a llows free flow of air but at the same time keeps the harmful particles away. The filtration can be done in this format. Bernstein (2015) stated that the issue related to the customer feedback might cause serious problems for an organisation. This is mainly because the feedback of the customers is necessary for an organisation to improve. In this regard, it can be said that Woolworths need to maintain the customer feedback process by continuously interacting with the customers. This particular innovative tactic will remain in the value domain of the company, as the customers and brand are a part of the domain. The marketing territory and the social factors governing the organisation may help in creating areas of progress in the organisation. Hence, Woolworths can address innovation for this particular issue by ensuring that the customers are approached via social media in a playful manner. Woolworths can arrange gaming activities in the social media or create an application that allows customers to indulge themselves in the reality of shopping while enjoying browsing in the social media. Gaps in the application Thus, it can be said that after the analysis of the innovation framework and the application of it in Woolworths, certain gaps have been identified that needs to be addressed. These gaps are identified from the analysis of the situations and the current secondary resources that are available for understanding this gap. The focus is on the three critical factors that affect the organisation and the manner in which innovation can be used to address the satisfaction of the customers. One such gap that has been identified is the lack of resources that can be used for mitigating the threat caused in the cyber department of Woolworths. According to Barrett et al. (2015), in the modern day, cybercrime is the most threatening factor that poses risk to business organisations. Woolworths lack the technical expertise necessary to prevent the website of the company being attacked by hackers and thereby prevent professional information of the company. Other gaps include the lack of partners. Woolworths is a parent company and lacks the aid of any partners. Although the company have managed to achieve top rank among the retail organisations in Australia, sometimes partnership can help in providing necessary stability in terms of finance and managerial advice. Therefore, this can be considered as one area in which Woolworths lacks in the effective application of innovative factors (Etzkowitz Ranga, 2015). The third gap that has been seen is the fact the interaction with the customers is a big drawback for the company. In the modern day, this is also another huge factor that needs to be addressed by Woolworths so that feedback from the customers can be generated. Thus, these gaps can create serious problems for Woolworths as the factors that are involved in the innovation of the organisation need to be addressed in a proper manner. Therefore, these areas need to be improved so that Woolworths can maintain innovative tactics in the organisation. To ensure that these areas are addressed in a proper manner, the managers of Woolworths need to undertake certain methods that can help in addressing the gaps. For example, the managers of Woolworths can indulge in adopting the disruptive method of innovation (Woolworthsgroup.com.au, 2018). This is mainly because of the fact that with the indulgence of this method, Woolworths can make rapid changes by implementing new technologies in the market. The application of the new technologies can help Woolworths to improve and solve the matter related to the cybercrime of the company (Van Oort, 2017). Despite the fact that sometimes, the application of the new technologies can be expensive; the fact that Woolworths earn revenue of AUD$42 billion can enable the company to afford such purchase (Woolworthsgroup.com.au, 2018). This can also be useful to enhance the interactive sessi ons with the customers. Hence, a plan can be developed to address the weakness of the company. Addressing area of weakness in organisations West et al. (2014) stated that an effective plan needs to focus on the areas that require development along with identify new areas that can be improved to ensure that an organisation succeeds. Hence, in the case of Woolworths, the company need to ensure that suitable plans are developed that can help the company to address the issues in an innovative manner. Therefore, the plan that can be developed to address the issue includes effective addressing of the external environment. This can help Woolworths to continue with the activities that are required for maintaining stability in the organisation. This includes conducting a proper marketing analysis of the factors that are involved in conducting business in the external environment of the company. The managers of Woolworths can sanction the plan so that the company can identify the potential opportunities to expand its business in overseas markets (Woolworthsgroup.com.au, 2018). Thus, this can help Woolworths to address the mission of the company. Conclusion Hence, it can be concluded that innovation is required for maintaining a competitive advantage in the organisations. Every organisation need to innovate its product and services so that it can have an effective sale in the business market. The manner in which the innovation framework can be used highlights the different domain that exists in the innovation of the strategies. In the case of Woolworths, the three issues that have been identified may pose threat to the reputation of the company. Hence, the application of the innovation framework can be applied in a systematic manner to address the requirements of the organisations and develop new plans for mitigating the scenario. Thus, it can be said that without proper innovation, an organisation cannot hope to gain success in the business sector. References Adams, R., Jeanrenaud, S., Bessant, J., Denyer, D., Overy, P. (2016). 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