Summary Details on Information Management

The report plans to address the issue of data the board inside Lanway. Data, may feel is the most significant asset any firm has, yet numerous organizations have no valuation for the cost, worth or significance of the data they hold. By first delineating the means and discoveries of a data review did inside the firm, ends are then attracted with respect to what measures ought to be taken so as to build the viability of Lanways data use. The measures proposed are plot in detail, with proposals of both equipment and programming. The report likewise builds up the requirement for data and for an organization data procedure †featuring the significance of adjusting such a methodology to the general marketable strategy. Lanway Corporate Business Systems started exchanging 1985 from a little market slow down on Burnley showcase. Selling games just for the Spectrum scope of PCs (the most famous around then) it started to develop a customary client base. The firm proceeded along these lines, until 1991 where the presentation of the PC prompted an adjustment in item and business action. With the presentation of both new equipment and programming, Lanway was currently in a situation to make and sell its own PC†s. By moving into its own premises, the firm was presently ready to make considerable net revenues by building and pre-designing a little scope of machines. Lanway started to exchange with different firms in 1994, so, all in all they had to grow both their current premises and staff. They likewise started to expand, moving into new regions, for example, organizing advances, the web and increasingly specific equipment and programming. Lanway at present has a turnover of around 5 million and more than 40 staff, the two of which are relied upon to proceed in development. They fabricate around 200 PC†s every week, each extraordinary in model, make and particular. The organization classes itself in the bunch fabricating section. At present, the firm can be part into 5 offices. Deals, Accounts, Networking, Repairs lastly Production or Workshop. The firm is totally organized utilizing a blend of Microsoftâ„ ¢ and Novellâ„ ¢ advancements. Singular web access and email is accessible to all workers. All equipment and programming arrangement work is completed in-house. Since the firm has developed in the way that it has, a considerable lot of the frameworks and capacities being used have developed from a base up design, rather than a progressively key top level methodology. Beginning perceptions would propose that data the board inside the firm doesn't contrast from this. A data review is the appraisal of the data held by an office and of its data exercises. (Australian Audit Commission 1999). The motivation behind a data review is to survey, not just what types and levels of data a firm may hold, however how well it addresses the issues of the organization. Various parts of data may as of now be controlled, for example, naming shows or security passwords, yet much of the time firms have small comprehension of the importance, cost or estimation of the data they hold. Thusly so as to guarantee that every single significant territory were secured, a conventional arrangement was first drawn up. To guarantee that helpful ends could be drawn, the destinations and extent of the review were evaluated. These included What sorts of data sources exist Formal documentation was then structured, so as to keep up a reliable subject by totally included. This also added to value of the discoveries. At long last an appraisal of the general discoveries was done, to guarantee that all inconsistencies and indistinguishable information could be represented. At exactly that point, in light of the discoveries were proposals delivered. After investigation of Lanways current working condition and business exercises, the accompanying data sources were recognized: Stock and Accounts database †kept up by a similar framework Information put away inside the messages ran from value records, client account subtleties, late value statements and explicit item enquires. These were additionally joined with a scope of individual messages, both from inward and outer sources. Every worker, after beginning work was given a protected email box, from which they can send messages to both inward and outside sources. Each email box requires client validation, anyway arrange executives are conceded rights to open any post box inside the framework. Here we quickly observe issues with respect to both data accessibility and security. Since just that client approaches the letter drop, no other worker can get to, what might be now and again basic data. Security and information respectability is additionally undermined, as the email server likewise goes about as the firewall server, and as such is available to web assaults. It is additionally at the workers caution whether they wish to erase messages put away inside their inbox, messages which may demonstrate later to hold significant or even basic data. When an email has been erased, it is practically difficult to recover it. Lanway depend vigorously on the web and the highlights it conveys. This incorporates organization item determinations, item bolster destinations, personal colleague assets, online databases and current news data. Lanway likewise have direct connects to providers through the World Wide Web, along these lines making numerous extranets. Each departmental administrator inside Lanway classed the web inside their three most significant assets. This in itself shows the significance of the job it plays in today†s business advertise. For firms, for example, Lanway, it is the quickest and most productive method of acquiring up to the date and exact (in the most part) data and offers the best cost/advantage exchange off. Anyway the web carries with it, from an instructive view point, a large group of natural issues and issues. Lanway, in the same way as other different firms experiences this. By and large, staff were unconscious of a considerable lot of these, and as such the nature of data endured. The precision of the data got is on the most part never checked, and now and again was then put away to be utilized for future reference. No rules exist concerning whether just authority sites were to be utilized, nor had any preparation be given on successfully utilizing the web itself. Nobody data store was accessible, in which staff could spare information gathered, for example, URL†s or item catalogue†s, and at times, staff didn't know extranet offices existed. Thusly, every individual representative held their own particular thoughts and data on utilizing the web and by and large time was squandered performing dreary assignments and recovering copy data. Indeed, in light of the fact that the sharing of data was insignificant, the speed and precision of the information got was incredibly diminished. Both of the above databases are put away on the SAGE framework and as such are incorporated. The stock framework contains records of things as of now in stock, yet additionally past buys, dates and times with respect to stock control and pattern investigation information. The records framework contains all information worried about keeping up and running the organization accounts, joined with organization finance and deals exchanges. In contrast to the past stores, data held inside these frameworks isn't intended to be shared. To get to every territory the client must have the necessary degree of power. This is basically for security and protection reasons †ie. Just certain individuals from staff can be offered access to finance. Data held inside the two frameworks is basic to the running of the business, without it is unthinkable for any business movement to happen. All the information held inside the framework keeps up it legitimacy and uprightness since it is the principle value-based framework inside the firm. The database is as of now got to utilizing a Bespoke application worked in house called COSMOS, utilizing access database tables as its base. The program requires client confirmation, anyway all client names and passwords are put away in an entrance database table which can be opened straightforwardly from the system drive. As such security inside the framework is insignificant. The framework has been being used for more than 8 years and by and by experiences a base up approach plan. The precision of the information is undermined in light of the fact that no conventional checks or rules exist with respect to what might be entered in to the framework. The security perspective additionally helps to build this issue. Copy records and abnormalities are regular spot. The age of the framework likewise frustrates its openness. Albeit each worker is conceded get to, many discover the framework inclined to crashes or off base record recovery, again a period squandering movement. A few deals administrators said they utilized their individual Outlook address book to keep their record data, the primary reasons being sped up, dependability and security. All representatives of Lanway are given individual envelopes on the principle Novellâ„ ¢ server. Utilizing a propelled arrangement of verification, just that representative may get to their organizer. Different clients envelopes are escaped see acknowledge to framework overseers. All word delicate archives are put away on in this organizer, specialized staff store item data and basic applications here. Workers are â€Å"advised† to store all other significant reports here as the framework is upheld up all the time. The precision of the information put away inside here isn't of genuine result to the firm, more to the individual worker, who in themselves are answerable for the assignment. Be that as it may, indeed the issue of data accessibility turns into an issue. For specialized staff, significant data and applications are concealed away from different individuals, while deals staff can't access associates cites whenever required without the help of an overseer. All system managers are routinely out of the workplace on client callouts.

Zara

Dangers †ZARA Some dangers that influence ZARA incorporate worldwide extension, geographic degree, and exceptional rivalry. Zara perceives that the organization needs to have an upper hand so as to endure, so they are building a subsequent dissemination community in Zaragoza. Likewise the organization is as yet hoping to grow globally. Extending in Spain is hard for the organization in view of past involvement with Sweden.Zara is thinking about extension in North America, yet is worried that it is as of now experiencing retail immersion, less design forward sense, the interest for hefty sizes, bunches of rivalry, and insufficient interest for the attire. Zara's vertically coordinated model is a danger to Zara in since quite a while ago run. The model won't work once Zara scales its activity. Right now, Zara's planning, creation, conveyance and retails stores are firmly coupled together and work very closely.Expanding tasks in various areas, for example, American or Asian require s tending to various design drifts one after another. Additionally, given various sizes and patterns in various districts, it would not be anything but difficult to pull another style material or attire from one locale and put it in other area. Additionally, scaling its activity may require joint-adventures and securing some littler chains moreover. In a 50:50 joint endeavor, it is extremely hard for Zara to force its plan of action to the next partner.In this case, we have just observed Zara's joint endeavors dissolving on a few events. While Zara may think that its hard to deal with the vertically incorporated model for its huge sizes of activity, nearby retailers may follow Zara's equation to progress and can rise as large danger to its prosperity. It is difficult to beat the nearby retailers in their home market. For instance, the Local clothing market in Italy is despite everything claimed 61% by the autonomous stores, 45% in Spain (Note this is Zara's neighborhood showcase as well) and 15-30% in other three significant European markets.Specially, in a nation with modest work (generally in Asia), it will be exceptionally hard for Zara to keep up its creation in Spain. Zara's plan of action depends on consistently evolving design. For nations like US, where individuals are less style forward, it might be a test for Zara to continue its quality. With evolving time, Advertisement is turning into a significant piece of the business and it reflects straightforwardly to the deals. Zara's in-store notice model may not work going forward.Most genuine danger to Zara is to support its prosperity. Another most genuine danger to Zara is its development. The organization couldn't secure enormous pieces of the pie in the local market. Indeed, even in Europe, the organization doesn't have a sensible nearness. American and Asian markets have various kinds of difficulties, which Zara might be looking in future. American market is less design forward, which questions Zaraà ¢â‚¬â„¢s essential plan of action itself. Asia, then again, is known for its modest labour.Competing with these difficulties one after another in various markets, while keeping its vertically incorporated plan of action flawless is the most genuine test for Zara. Zara can't address various prerequisites and difficulties working from its home area as it were. It can have various vertically incorporated creations for every district. For Asia, having modest work will add a great deal to the working expense. While it’s building group can keep giving quick reaction to new structures. Zara Title Warehouse Inventory Management A Case Study in Retail Fashion Industry Company Name Ezra International Objective for a distribution center administration Is completely use the space, Improved the efficiency of tasks stream and diminish the Inventory conveying cost. From the instance of Ezra, I found that they masterminding the cross-dock rather then commonplace stockpiling capacity. Since they have the dedication about the request satisfaction time from distribution center to stores, for models 24 hours to European nations, 48 hours to American and inside 72 hours to Japan.So Sara stockroom needs to have productive activities course of action with the programmed ordinary gear to accomplish the quick design objective. (90 words) 1. 1 Functional Design The run of the mill distribution center capacities have five primary procedures getting, pathway, stockpiling, pick pack and dispatch. On the off chance that we have to comprehend and well arranging the distribution center structur e and format. Fundamentally we should understanding the business system, pattern and buyer conduct. These days the stockroom capacities are not just for capacity and furthermore need to give the additional worth assistance to satisfy the business needed.First of all, we have to get familiar with the item nature and comprehend business Intention. For the retail style Industry, the crude materials appliers from Fabric Company chiefly. The materials have contrast shading, example and regular of texture (fleece, cotton, cowhide and so forth ), the providers must have adequate crude materials to give to the business to additionally preparing. Second, we have to comprehend the idea of items, for instance bundling (containers, boxes, beds, holders and so on), size, stock keeping unit (SKIS) and stock layout.Third, we have to know the creation, work in process for instance providers request, shipment request, size of business sectors served, material dealing with framework utilized, through put rate, creation lead time, path prerequisite and so on. On the off chance that we have to give the quick and precision activities stream, all gatherings inside the gracefully affix additionally need to give the co-activity completely, Including texture provider, frill provider, piece of clothing maker, article of clothing processor, originator, circulation focus, stockroom, client assistance levels and so forth 218 words) Basic distribution center activity process for retails design Industry (Figure 1)- Irrespectively of conveyances from providers (crude materials) Involve the handling of important business archives Capture and section of the genuine physical subtleties of every conveyance Quality checking items to guarantee consistence with the curves radiotherapy Pathway includes apportioning a capacity area Physically moving the thing to the area Ensure right data is entered in the stock control renaming's includes keeping items in their dispensed location.Moving things to pic king areas as required and hanging tight for creation. Guess' in processing plant Produce the completed geodesics biophysically choosing every thing and amount from stock to dispatch the request Packing the request for transportation to dodge harm or electrocardiographs the important documentation for the vehicle administrator Planning the stacking of conveyance denunciation and conveyance courses Physically stacked the vehicles/compartments to boost 3D shape use and limit harm. (167 words) 1. Stockroom format and configuration According to the inscribed activities stream, I planned the average Hong Kong, as indicated by the site data, Established clothing retails in the Asia Pacific district, and more than 1700 stores working in 31 regions around the world. The stockroom to mastermind the Just In Time TOT) tasks and 95 of creations lines re-appropriate to Asia industrial facilities and still have 5 orchestrating the in-house creation and after the creation every completed positive attitude send to focal distribution center to organize the conveyance function.The inbound region including the review capacity to guarantee the accepting merchandise have great quality, if the payload for crude materials will go to brief stockpiling region to sitting tight the procedures for the assembling and get together capacity. On the off chance that the load for completed merchandise will go to outbound are for capacity and sitting tight for dispersion to the town stores. From the figure 2, contrast stockpiling zone to orchestrate the distinction style of cargoes, for models square stacking stockpiling territory or little adornments. Completed products stockroom for set of procedures and capacities that upgrade the organization capacity to serve the physical distribution.The holder territory for the completed style, 2 level racking zones for the crate piece of clothing cargoes, the square stacking region for the picking region and prepared to discharge for the shipment. Since to satisfy the most extreme stature of the structure will utilizing the twofold stack configuration joined with racking framework and holder framework. Additionally utilizing the U-formed format to orchestrate the activity stream, to improve the use of dock assets and offices he cross-docking for redistribute completed products to sparing the time and keep away from the wastefulness. (276 words) 751 words 2. Offices arranging and materials taking care of After the stockroom format and structure, the other most significant choices for a distribution center tasks the executives to mastermind office arranging and how to expanding the successful limit and limit path space. Since the arranging focus on decrease number of time items took care of and create powerful working conditions to lessen development including physical work and the primary deduction to diminish cost. Distribution center administration framework (WHIMS) to working procedures and accelerate all warehousing functions.I t can be work all reports and data stream, including accepting request, conveyance request, stock record, area portion, discharging request and so forth. It is generally examination with bigger and increasingly complex dissemination activities. The WHIMS advancement to ideal limit of stockroom activity for the business to convey the correct merchandise at the perfect time, in the opportune place and make the best decision at the correct expense, to expanding circulation proficiency by abbreviate lead time and lessen the uncertainty.So for the objective at innovation related reserve funds, profitability advantages and business process improvements empowering the extraordinary degree of profitability. The subtitled realistic (Figure 3) demonstrating WHIMS worked works in the distribution center and helping the coordinations procedure. It is including the distribution center format plan, stockpiling information data, tasks streams and stock record segment, through the data exchange in WHIMS with other extra devices (RFC, barrica

What Ive Been Up To

What I’ve Been Up To Hey all! I havent been around this site in months, and rather than giving you a large, apologetic explanation which would do nothing to redeem myself to you applicants and prefroshers and even preapplicants out there, Im going to go right in and cover everything interesting Ive seen here. Since like November. Well, fine, one sentence: I ended up failing the physics test which I took the day after my last post, and then averaged 2-4 hours of sleep after that until finals week. Then I ran away and could not bring myself to do anything that would require thought over break. But I ended up passing all of my classes, went on an IAP trip to Death Valley and Southern California for eight days for CREDIT, took a class called the Nuts and Bolts of Engineering in case I, yknow, decide to start a business now Im ready to WRITE!!!! (If you want to see the rather long list of things I did rather, watched instead of writing this over IAP, Ive shamelessly put them at the end of this post. Mostly in the anime/asian drama category. Seriously, I wrote this post half a month ago, and I couldnt get myself to edit it. But now Im switching from IAP mode to work mode!) Let me start with the fun stuff then lessons learned at IAP. #1 Cambridge and Boston are meant to be explored. #2 Exercise and sleep are corequisites to sanity. #3 It is possible to go from doing everything to doing what feels like almost absolutely nothing almost immediately. Maybe not for everyone. Some people never stop working. Or they work and party at the same time. But at least for yours truly this holds. So 1 and 2 I biked to this cafe in Central Square called the Clear Conscience Cafe, which is right in front of this supermarket called the Harvest Market. Theyre like the same place! You can get your groceries and sit down to have lunch at like the same place! I could spend all day there using their free wifi and eating their hummus sandwiches! And Oh, and when I had to go home for a weekend I walked from MIT to the South Station bus terminal. Went through Newbury Street. It was FREEZING. I finally got a chance to warm up and get food when I went through Chinatown and found this Vegan Thai Place. Vegan fried rice! With vegan chicken and shrimp too! Vegan BUBBLE TEA! Sorry I couldnt have taken one of the whole thing I was, um, thirsty ;) Its made with coconut milk! (Taro flavored =D) Yumm And just this weekend (post-IAP) I biked all the way to Allston (about 40-50 minutes away by bike) to go to a Vegan Bake Sale for Haiti. Best idea EVER! And best vegan cookies and biscotti EVER! They disappeared before I could charge my camera! Now Im biking to Harvard for this class (non-credit) called Reading and Study Strategies, which meets from 8-9 AM at the Harvard Science Center. Speaking of which, its today and its 1 AM now ANYWAY. I forgot to include pictures from 12.120, Environmental Earth Science Field Course, where we saw Hoover Dam, petroglyphs, signs of ancient volcanic and tectonic activity including this HUGE landslide that took us like 15 minutes to drive from the start to the end and 20 to drive through its width Yay red sandstone! This is on our way to the Valley of Fire, named as such because of rocks like these, where we saw petroglyphs! If I find a pic Ill put it up A petrified log! Because Im too lazy to explain what it is. On the edge of the Ubihibi crater in Death Valley. Guy in the sign: WHEEEEEEEEEEEE!!!!!!!! At the lowest point on land in North America, Lake Badwater. Mostly salt. Thats the way to MIT? Or near there? Ready, set, go! So here are some of the other things Ive done (read: watched) when I had free time: Anime/manga: Ergo Proxy, didnt really finish many but tried some more serious/dark ones like Saikano, also Clannad which isnt really dark, but Clannad 2 looked wayyy too sad for me oh and a pretty good death note fanfic! Dramas: Watched Youre Beautiful and rewatched the first half with my cousin from Puerto Rico =D Actually ended up not liking it so much by the end, perhaps because I didnt really like the main guy obnoxious guys usually change by the end of a series but for this one he was still obnoxious Love Contract I thought with Ariel Lin and Mike He in it this would be a surefire hit, but while the middle was amazing the beginning and end were not so much. But geez, compare Mike in this more serious one to a lighter show like Devil Beside You or Why Why Love hes quite versatile! Autumns Concerto (a taiwanese drama which is frustratingly long, annoying, nothing surprising except the fact that it takes like 20 EPISODES for something that should have happened on episode 6 to happen but the first five eps were good =D) Hi My Sweetheart (I prefer more serious dramas, but many dramas have some form of ridiculousness meh, maybe I just wanted the guy to keep his cool hairdo at the end) Btw if youve seen Hi My Sweetheart, or even if you havent want to know what who this guy is? Hes the guy from THIS music video! All right, stay posted for spring-term adventures (and perhaps some academic stuff) next week!

Communication Style Of Tim Cook - 869 Words

out the question from the audience before getting involved in answering the question (https://www.youtube.com/watch?v=nthFhrKqh3I). As per his communication style, he is able to perform effectively in individual communication. However, in case of mass audience, he is unable to perform accordingly. The reason behind performing weak in front of a mass audience is his nervousness. In this context, he is able to manage in hiding his nervousness while delivering speech. Apart from that, communication style is not enough to create strong impact over the listeners. The individual should also have a prompt communication skill for attracting the audience towards the viewpoint. In case of Tim Cook, he is not that active with his physical gesture while addressing a mass audience (Schriver, 2012). As opined by (Hawkins Fillion, 2012), communication style of Tim Cook can be more effective by considering some activities. The activities such as improving presentation and body language while communicating. Apart from that, a prompt decision should be delivered with sufficient energy. Rate of speech of Cook is very low, which probably prevents him from presenting his own statement. On the other hand, Arnold (2014) opposed that appearance of Cook is very formal, which is not feasible with the agenda of Steve Jobs. Jobs use to maintain his signature turtleneck and jeans. Thus, he was able to engage the audience towards his speech by providing qualitative materials as support. In case of TimShow MoreRelatedApple Leadership Style Essay1654 Words   |  7 PagesSteve Jobs, Apple became one of the most powerful companies in the world of technology and innovation. Tim Cook is the current CEO and his leadership style is different. Jobs was a visionary leader. Cook focuses on research and development. Apple’s creed is â€Å"Think different,† the statement is true for both management styles. Evaluate two (2) key changes in the selected company’s management style from the company’s inception to the current day. Indicate whether or not you believe the company is properlyRead MoreThe Organizational Strategy Of Apple1383 Words   |  6 Pagesstrategies on the innovations it needs to undertake at different times. Thereafter meticulous organization, leadership and control are used to implement the strategy, leading to long product development cycles. Indeed, this approach is synonymous to the style and approach of Steve Jobs, whose legacy lives on in the company, whereby focus was laid more in the internal strengths of the company and the opportunities in the market, with little or no consideration to the weaknesses of and threats to the companyRead MoreThe Leadership Of Apple Ceo Tim Cook2121 Words   |  9 Pagesmove with a passion towards a common goal. Therefore, leadership is a process by which a person influences others to accomplish an objective and dire cts the organization in a way that makes it more cohesive and coherent† (Democracy, 2014). Apple CEO Tim Cook will predictably be compared to his antecedent Steve Jobs, but in one way, he s greatly more like Bill Gates -- he has encouraged philanthropy at Apple (Stone, 2014). Under his leadership, Apple has become a much more socially aware company, workingRead MoreCase Study: Apple After Steve Jobs1350 Words   |  5 Pagesmust reconfigure itself anew, while still retaining the principles established by Jobs which had made the company so wildly successful. Apple has been said to do certain things very well: its simplicity and intuitive design and its selling of style along with technological sophistication. 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Responsible for designing, inventing and marketing personal computers, mobile communications and media devices, and portable digital music players. Apple has recreated the mobile phone with its world-shattering iPhone and App Store, and has recently announced its magical iPad which is significant in molding the future of mobile media

How to Make a Giant Bubble Using Dry Ice

All you need to make this giant bubble is dry ice, bubble solution, and either a little water or else tonic water and a black light (glowing liquid). You can make the bubble itself glow if you add a little highlighter ink to the bubble solution. The dry ice sublimates to form carbon dioxide gas, which expands the bubble.  Watch the video tutorial of this project. Materials dry icebubble solutionwater (or tonic water and a black light, if you want glowing liquid)glass or dish Make a Dry Ice Bubble Pour some water or tonic water into the container.Add a piece of dry ice. The dry ice will make bubbles in the liquid.Spread a film of bubble solution around the lip of the container.Use your hand or a piece of paper towel that has been wetted with bubble solution to smear bubble solution across the top of the container. I made a video of the project so you can see what to expect. How It Works Dry ice sublimates in air, meaning the solid carbon dioxide makes the transition to carbon dioxide gas. This process occurs much more quickly in water than in air. As the dry ice sublimates, the carbon dioxide vapor is caught inside the bubble solution. The bubble expands, but the cooled bubble solution does not evaporate quickly so the bubble lasts for a relatively long time. Sometimes conditions are right for the bubble to stabilize at a given size. This happens because carbon dioxide is able to diffuse across the bubble surface. Sublimating carbon dioxide expands the bubble, but when the bubble expands its walls become thinner and leak more. Since more carbon dioxide can escape, the pressure is reduced and the bubble has a tendency to shrink back again. As long as the solution doesnt evaporate too quickly, the bubble may remain relatively stable until the dry ice is nearly gone. At that point the bubble will become smaller.

Customer Relationship Management and Sales Force Free Essays

Chapter7 ANSWERS TO DISCUSSION QUESTIONS 1. How is e-business â€Å"redefining old business models, with the aid of technology, to maximize customer value? e-business is more than just buying and selling of products and services through the means of digital media. Whereas e-commerce concentrates on buying and selling, e-business encompasses e-commerce and a whole lot more. We will write a custom essay sample on Customer Relationship Management and Sales Force or any similar topic only for you Order Now For example, e-business includes both front – and back-office applications that form the engine for modern business. e-business is redefining old business models through the aid of technology, to maximize customer value. -business is the use of the Internet and other networks and information technologies to support electronic commerce, enterprise communications and collaboration, and Web-enabled business processes both within an internetworked enterprise, and with its customers and business partners. 2. Why is there a trend toward cross-functional integrated enterprise systems in business? Cross-functional information systems are integrated combinations of business information systems that share information resources across the functional units of an organization. Integrated systems allow the same data to be used for multiple applications; information output from one function can easily become data input to another function. Only one integrated database needs to be maintained. Many organizations are using information technology to develop integrated cross-functional enterprise systems that cross the boundaries of traditional business functions in order to reengineer and improve vital business processes all across the enterprise. These organizations view cross-functional enterprise systems as a strategic way to use IT to share information resources and improve the efficiency and effectiveness of business processes, thus helping an e-business attain its strategic objectives. 3. Do you agree that â€Å"ERP is the backbone of e-Business†? Why or why not? it can be argued that enterprise resource planning (ERP) could certainly be considered the backbone of e-business. Businesses today must be deeply involved in coordinating and conducting business in the new economy. Through technologies such as the Internet and other networks and information technologies businesses are able to support electronic commerce, enterprise communications and collaboration, and Web-enabled business processes both within an internetworked enterprise, and with its customers and business partners. 4. Refer to the Real World Case on Charles Schwab and Others in this chapter. What are the most important HR applications a company should offer to its employees via a Web-based system? Why? There are a number of important HR applications that a company can and should offer their employees via a Web-based system. No matter what applications a company provides it must ensure that they are accurate, up to date, and provide the employees with the information they want. The purpose of the system is to free up the time for HR management to be more efficient in planning HR strategies than being burdened with boring paper work. For the employees, they want to be able to have access to the information that pertains to them, and the information that they need to satisfy their inquiry. Employees are interested in issues such as pay and benefits, pension funds, stock options, vacation time, career opportunities, training and development initiatives, and other related personnel issues. 5. How do you think sales force automation affects salesperson productivity, marketing management, and competitive advantage? Sales force automation is the use of computers to automate sales recording and reporting by sales people as well as communications and sales support. It improves productivity by saving time otherwise spent on manual creation of records, reports, and presentations; it improves communications and accessibility to information to support sales activities; and it may help in planning sales tactics. Increasingly, computers and networks are providing the basis for sales force automation. In many companies, the sales force is being outfitted with notebook computers that connect them to Web browsers, and sales contact management software that connect them to marketing websites on the Internet, extranets, and their company intranets. Sales force automation has resulted in increasing the personal productivity of salespeople, dramatically speed up the capture and analysis of sales data from the field to marketing managers at company headquarters, allows marketing and sales management to improve the delivery of information and the support they provide to their salespeople. Many companies view sales force automation as a way to gain a strategic advantage in sales productivity and marketing responsiveness. 6. How can Internet technologies be involved in improving a process in one of the functions of business? Choose one example and evaluate its business value. it will be relatively easy for them to choose from any of the various functions of business such as accounting, marketing, manufacturing, retailing, operations, and so on. In response to this question, the accounting function was chosen. Accounting information systems are being affected by Internet and client/server technologies. Using the Internet, intranets, extranets, and other network changes have been made to the traditional methods of capturing and processing accounting data. As well, these technologies have assisted in how accounting information systems are being used to monitor and track business activity. The online, interactive nature of such networks calls for new forms of transaction documents, procedures, and controls. Many companies are using or developing network links to their trading partners through the use of the Internet or other networks for applications such as order processing inventory control, accounts receivable, and accounts payable. These advances in the accounting function have resulted in major improvements in the capturing, reporting, processing, and increased accuracy of the data. Thus, realtime processing of accounting information enables executives to make better and more informed decisions involving their firm’s resources. 7. How can the Internet technologies improve customer relationships, and service for a business? CRM is described as a cross-functional e-business application that integrates and automates many customer-serving processes in sales, direct marketing, accounting and order management, and customer service and support. Examples of business benefits of customer relationship management include: †¢CRM allows a business to identify and target their best customers; those who are the most profitable to the business, so they can be retained as lifelong customers for greater and more profitable services. †¢CRM enables real-time customization and personalization of products and services based on customer wants, needs, buying habits, and life cycles. †¢CRM can keep track of when a customer contacts the company, regardless of the contact point. CRM enables a company to provide a consistent customer experience and superior service and support across all the contact points a customer chooses. The key to survival today is through improved customer relationships. The Internet has enabled interactive marketing between a business and its customers. The Internet can improve customer value, as the customer becomes closer to the business. Through interactive marketing methods, the needs of the customer are being better served. Relationships between customers and business are also greatly enhanced, and businesses are better able to provide their customers with the services requested. . Refer to the Real World Case Harrah’s, DuPont, and Otis at the end of the chapter. What are several e-business applications that you might recommend to a small company to help it survive and succeed in challenging economic times? Why? Small businesses as well as large businesses must make serious attempts to ensure that they have a Web presence. Customers are turning to the Web as a means of conducting business, and the growth in B2B has been exceptional. Final consumers are also ordering more products and services through the use of technology such as the Web. Small businesses can also have a successful website where they can offer their products and services to customers. Ensuring that the site is easy to navigate and order from is a major key to its success. If you are not going to actually sell products and services online, you can still use e-business applications to order from your suppliers online. By doing so, small businesses order products for just-in-time delivery, reduce inventory charges, and enable them to shop / â€Å"click† around for better deals. 9. Which of the 14 tools for enterprise collaboration summarized in Figure 7. 13 do you feel are essential for any business to have today? Which of them do you feel are optional, depending on the type of business or other factor? Explain. This question will vary, and much depends on what type of organization they are applying these enterprise collaboration tools to. For this exercise we will assume that the student is applying the tools to an engineering environment requirement where the job is being designed in the United States, but being constructed in Argentina. Students can easily include and justify the requirement for all of the tools outlined in the electronic communication, electronic conferencing, and collaborative work management tools. However, if a student were to present the case of a university who does not offer extension courses, they may feel that there is no requirement for the school to use electronic conferencing tools. 10. What is the role and business value of using Internet technologies in supply chain management? The goal of supply chain management is to give customers what they want, where they want it, and at the lowest possible cost. The goal of SCM is to: †¢Reduce costs †¢Increase efficiency †¢Increase profits †¢Improve supply chain cycle times Improve performance in relationships with customers and suppliers †¢Develop value-added services that give a company a competitive edge According to the Advanced Management Council, supply chain management has three business objectives: †¢Get the right product to the right place at the least cost. †¢Keep inventory as low as possible and still offers superior customer service. †¢Reduce cycle times. Supply chain manageme nt seeks to simplify and accelerate operations that deal with how customer orders are processed through the system and ultimately filled, as well as how raw materials are acquired and delivered for manufacturing processes. Businesses are increasingly dependent upon Internet technologies to improve their efficiencies. For example, companies are spending time and resources in improving their systems with those of their customers, partners, and suppliers. Through these improved systems, companies are better able to integrate interenterprise supply processes in order to improve manufacturing and distribution effectiveness. Companies are given SCM top priority and making it a large part of their e-business initiatives. By serving their customers better than their competitors, they are able to maintain and perhaps gain market share. How to cite Customer Relationship Management and Sales Force, Essay examples

Review of Bram Stokers Dracula Essay Example For Students

Review of Bram Stokers Dracula Essay In this new epic version of Stokers Dracula, the latest film released by Francis Ford Coppola, the medieval vampire vows to get his revenge on God and forever wait the return of the woman he loves, after she plunges to her death. It doesnt come to mind that after three centuries, he may not seem attractive to her.  The novel by Stoker inspires the film, which begins with the horrific tragedy of Vlad the Impaler, who went to fight the crusades but returned to the dreaded news of her death from a parapet to a blurred doom far below, which is captured in a great shot and is one of the best effects of this movie. Vlad sees no justice in his fate and believes God has betrayed him, because, after all, he journeyed to the Holy Land to battle in the Crusades for the sake of his name. He is seized by Satan and vampirism, and turns on a trail for blood. We then meet Keanu Reeves, a young attorney who has been asked to voyage to Draculas castle to arrange real estate transactions. Reeves brings an American sense to the feel of this film but he has a dreadful English accent which is one of the films greatest downfalls. Keanu is met in the darkness to be taken to Draculas castle. There, everything is more or less as we expect it, which could have been pursued and alternated to give the audience a greater sense and element of surprise. Nevertheless, Count Dracula waits, (Gary Oldman), as he has been for centuries for the return of his dead bride, and when he sees Reeves fiancà ¯Ã‚ ¿Ã‚ ½e, Mina Murray, (Winona Ryder), he knows his wait has been rewarded at last. She lives again. Whilst this occurs in Transylvania, back in London, Professor Abraham Van Helsing (Anthony Hopkins), the fearless vampire killer senses the closeness of Dracula as he appears in town. Coppola directs with all the stops, giving huge gothic extravaganzas and grand settings. Reeves doesnt know what he is up against with Count Dracula, and neither do we, since Dracula changes form- from ancient hideous wreck, to a young man, to a cat, bat and a wolf. Ryder finds herself falling under the spell of Draculas need. But in the closing stages, she ends up in his arms and gives him the kiss that releases his body from a disfigured, hideous looking creature into a charming prince that he once was. But in order to totally achieve this, she must kill him, and she does it in style clenches a four-foot blade and plunges at his throat, and with one blow completely takes his head off. This is the utter most best effect of this movie. But the film lacks headlong narrative conclusions, which often leads to confusion throughout the film and dead ends. But I enjoyed the film because of the way it felt and looked, the style, and the all-star cast which adds to the films publicity.  I personally thought the film was great. It had all the interventions, which fitted it perfectly into our modern secular society. It had some great special effects and screen frames. But like I said before, it does get boring in places because you cant always work out what is happening. The storyline, overall, is gripping and full of suspension with gruesome scenes of violence and sex, which portrays the film nicely. The ending of this movie is probably the most satisfactory ending of all Dracula films made.  But does it go on and on? I believe people thought it was worth making other Dracula films because of the way society has developed since the original was produced. The Director has surprised his audience by including two genres in one the mixing of romance and horror. Also, there is some element of addiction to Dracula films for some, which is great to see. .u9291c92b247f71b33e1cd7818e891f0f , .u9291c92b247f71b33e1cd7818e891f0f .postImageUrl , .u9291c92b247f71b33e1cd7818e891f0f .centered-text-area { min-height: 80px; position: relative; } .u9291c92b247f71b33e1cd7818e891f0f , .u9291c92b247f71b33e1cd7818e891f0f:hover , .u9291c92b247f71b33e1cd7818e891f0f:visited , .u9291c92b247f71b33e1cd7818e891f0f:active { border:0!important; } .u9291c92b247f71b33e1cd7818e891f0f .clearfix:after { content: ""; display: table; clear: both; } .u9291c92b247f71b33e1cd7818e891f0f { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u9291c92b247f71b33e1cd7818e891f0f:active , .u9291c92b247f71b33e1cd7818e891f0f:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u9291c92b247f71b33e1cd7818e891f0f .centered-text-area { width: 100%; position: relative ; } .u9291c92b247f71b33e1cd7818e891f0f .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u9291c92b247f71b33e1cd7818e891f0f .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u9291c92b247f71b33e1cd7818e891f0f .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u9291c92b247f71b33e1cd7818e891f0f:hover .ctaButton { background-color: #34495E!important; } .u9291c92b247f71b33e1cd7818e891f0f .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u9291c92b247f71b33e1cd7818e891f0f .u9291c92b247f71b33e1cd7818e891f0f-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u9291c92b247f71b33e1cd7818e891f0f:after { content: ""; display: block; clear: both; } READ: Nurse in Romeo and Juliet EssayAudiences tend to go back and see Dracula because they know it will have a new twist to it and in addition there is a new generation for the producers to aim their ideas at. For example, Stokers Dracula was associated with the main problem of that time, aids. But newer generations are associated with teen culture and special effects. The latest technology has allowed all this to happen, and it fits into the present society.

Consumer Behaviour used to Manipulate Consumers

Table of Contents Introduction 4p’s effect on behaviour, cognition, effect 4p’s effect on the stages of decision making Effect of marketing mix on consumer perception 4p’s effect on motivation conflict Conclusion Reference List Introduction The question that is often asked by most business managers today concerns the ability of firms to meet the needs and expectations of customers. Meeting these demands and expectations entails comprehending the marketing environment.Advertising We will write a custom essay sample on Consumer Behaviour used to Manipulate Consumers specifically for you for only $16.05 $11/page Learn More This paper explores the value of customer behaviour knowledge on the ability of firms to manipulate the customers. The paper focuses on the value of consumer behaviour knowledge on the marketing mix. 4p’s effect on behaviour, cognition, effect According to Sahney (n.d.), consumer behaviour is determined by three key elements. These elements include effect, knowledge, and behaviour. Behaviour is the visible action of the consumer that is translated into the decision of a consumer to purchase or not purchase a given product. Any alteration of the elements of marketing mix results in change in customer behaviour (Sahney n.d.). Cognition entails the manner in which customers process the information in the market as they seek to reach critical decisions concerning products and services. Therefore, altering the orientation of a brand by focusing on any of the marketing mix elements can have significant effects on the way consumers process information on a given product or brand in the market (Sahney n.d.). The decisions of consumers can be comprehended from what the feelings that the consumer hold about the good or service. Comprehending the factors that determine the variation in the intensity and level of persistence of these feelings is an important factor in altering the patterns of fee lings through making meaning adjustments in the marketing mix (Sahney n.d.). 4p’s effect on the stages of decision making Research in marketing has ascertained that consumers make several considerations before making decisions for or against certain products and services in the market. This is represented in the five stages of customer decision making. It is important for marketing executives to comprehend the consumer decision making continuum to develop marketing strategies that can aid in altering the behaviour of consumers (Pride Ferrell 2012). For instance, altering the price of a product can result in a reconsideration of a given product.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Therefore, at every stage of decision marketing, an adjustment in any of the elements of marketing mix has the potential to affect the view of the customer. This, consequently, affects the final decision (Dibb, 2012). Effect of marketing mix on consumer perception The perception of consumers about a given product or service depends on several factors. Most of the attributes of products or services from which consumers gather and process information on the product are embedded in the marketing mix. The perception can be easily altered by altering the brand (Parsons, 2013). 4p’s effect on motivation conflict The drive of consumers to satisfy their needs through goods and services is something that ought to be given attention by marketing executives. Consumers are torn between the forces of acceptance and refusal of a product when the product is not clearly defined to them. However, the application of the marketing mix often eliminates the psychological war with the consumer by making them to choose among the desirable features of a product or a service (Kimmel 2013). Conclusion From the discussion in the paper, it can be argued that consumer behaviour knowledge is cri tical in the development of effective marketing decisions. Understanding the behaviour of consumers makes it easy for firms to alter the marketing mix elements in their favour. Reference List Dibb, S 2012, Marketing briefs: a revision and study guide, Routledge, London. Kimmel, AJ 2013, Psychological foundations of marketing, Routledge, New York, NY.Advertising We will write a custom essay sample on Consumer Behaviour used to Manipulate Consumers specifically for you for only $16.05 $11/page Learn More Parsons, AL 2013, ‘The consumer mind: Brand perception and implications for marketers’, Journal of Consumer Marketing, vol. 30 no. 3, pp. 310-311. Pride, WM, Ferrell, ‎OC 2012, Foundation of marketing, 5th ed., Cengage Learning, Stamford. Sahney, H n.d, Module-1: Consumer behavior. Web. This essay on Consumer Behaviour used to Manipulate Consumers was written and submitted by user Jeram1ah to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Wedding Toast Essays

Wedding Toast Essays Wedding Toast Paper Wedding Toast Paper When Valerie first told me note that I was told, not asked! That I was making a speech, I thought it was her way of getting back at me for anything I had ever done to her while growing up. Lately I realized that it is actually an honor to be asked to address YOU. Look to your left. Look to your right. (Pause) YOU are the people Valerie and Christian love the most. They’ve invited you because this day would not be the same without you. And you have made them a priority in your lives by celebrating with them.You have honored them with your presence and made their day so special and unforgettable. On behalf of my family, I would like to thank you all for coming. As sister of the bride, I have a unique view of Valerie. She was the little sister I had always wanted. She was a happy, precocious child I remember her ability to get into all sorts of trouble and then proclaim quite indignantly NOT ME! One of my favorite memories of her childhood was how much w e loved rainy day we would get a tire and make it into a boat.Flash forward to a charming pre-teen in braces that got permission to come and stay with me in New York at my first apartment. She was willing to go along with my crazy schemes. Then as she got older, we shared a room for a few months while I stayed in New York. She had learned that little-sister trick of appropriating and wearing things that were not hers. And, every single night before we went to sleep I was subjected to the same boy-band song Valerie has grown into a beautiful woman.She is no longer my little sister, but a graceful, smart, generous, caring equal. It is an honor to know the person she has become. She is a great friend as you know loyal, patient and generous. And she loves a challenge and this is where Christian comes in. Christian, you are one lucky guy! Valerie you look stunning and Christian. Well you look stunned! So Christian, here’s some advice for the future: She is always right She always needs some new clothes She never looks fat in anythingIf she’s right say so, and if she isn’t -say nothing! So here we are their wedding. They have made it. a DOZEN years together and stronger every day. High school sweethearts who have defied the odds. Leave it to them to be defiant in the face of anything! Today is a celebration of not only where they are now, but the road that has brought them here. They have built a beautiful life together. I think you all will join me in this wish: Valerie. Christian. May you live forever in love, and may love live forever in you.

An uncomfortable event Essay Example | Topics and Well Written Essays - 1250 words

An uncomfortable event - Essay Example 12). People ignore them and sadly, I was amongst the persons that would rather have ignored these issues instead of that acknowledging that they were a part of the society I called home and in truth, I was in no way a contributor to the solution. They say that experience goes a long way in educating fools and my dawn came much earlier than I anticipated. I pride myself on being a traveler. My family is well off and I have been lucky to come across various opportunities to visit foreign places. In my ventures, I have seen a lot of the beauty that life has to offer. It is only in recent years that I have indeed acknowledged that in as much as I have seen life’s beauty I have kept away from delving deep into its ugliness. I used to be the kind of person who would rather not use a street that is the shortest way to my destination if I would come across scenes of poverty. This would force me to acknowledge that there are those living on the other side of life where even the most basic of needs are hard to come by. Much as I like to travel, I have not been particularly inclined towards the smell of airports. I have asked a number of my friends if they notice that there is always a heavy smell of paper and machinery in airports. I call it the â€Å"smell of technology; thick, musky and nauseating.† Airports always heighten my anxiety. I find that when I am in one I tend to lose my calm demeanor and my heart starts to beat extremely first even if I am not in a rush. I have often thought that this could be because of the realization of incoming change through transition. Maybe it’s because everyone in the vicinity, always seems in a rush or maybe because of the lengthy protocols and official staff demeanor, whatever the case however, airports are my least favorite place. I remember standing in line at the airport for check in. A little girl behind me squeaked with excitement. I could tell from her anxiety and the way she kept looking around, it was her first time

Business management Essay Example | Topics and Well Written Essays - 2250 words

Business management - Essay Example Various management practices depend on the trust and empowerment that are designed to increase employee assurance to performance objectives and organizational objectives. The scenario of market place and space are rapidly changing since few years. Therefore these changing scenarios have convinced the management of company and shareholders to adopt a new archetype based on new values. For an example, in banking sector new financial products are jumping up in quick speed. These may create several problems and tough times for the management board in order to compete in this global competitive market. The organization cultures need to change according to the change of market place scenario. It involves understanding the current role, current culture. There is need for greater flexibility and speed that can be achieved through employee involvement in the management decision making. Due to high flexibility, employees get motivated to innovate without any kind of bureaucracy. Red tapes and bureaucracy generally aggravates employees and shuts them down. Employee involvement in management decision making is an old idea that has been frequently invigorated by new generation organizations across the globe. For an example, the oldest system of documented of employee participation is a particular document called â€Å"employee suggestion system† established in 1898. The return of nominal investments comes as superior level of employee motivation, productivity, creativity, and commitment that will shift the organization towards success.

Flow Through A Venturi Meter

Flow Through A Venturi Meter Given a Venturi Meter, Cv , the Venturi coefficient can be determined to compare the actual and ideal values as per Bernoullis predictions, for a volume flow rate. For better comparisons, two separate trials were analyzed and Venturi coefficients for both were computed. Trial 1 and Trial 2 yielded a Cv of 0.93 and 0.92 respectively. In this experiment the values calculated were found to be less than 1.0; this relatively high correlation between the experimental and ideal flows for the given Venturi meter however when compared to the ideal flow, the actual flow for this Venturi is not steady nor one dimensional. Therefore neither of these assumptions can be applied to any given actual flow. Nomenclature Variable/ Constant/ Symbol/Parameter Values Q Volume flow rate (m3/s) V Velocity (m/s) A Area (m2) à Ã‚ air Density of air, 1.23 kg/m3 à Ã‚ water Density of water, 1000 kg/m3 Cv Venturi coefficient Po Stagnation pressure (Pa) is Static Pressure plus Dynamic Pressure Patm Atmospheric pressure, 101.325 KPa Άh Height difference (m) between readings and Patm g Acceleration, 9.81 m/s2 z Elevation of Point (m) ( ½)à Ã‚ V2 Dynamic Pressure (Pa) P Static Pressure Flow Analysis Bernoullis Equation relates two points alongside a streamline as P1 + ( ½)à Ã‚ airV12+ à Ã‚ airgz1 = P2 + ( ½)à Ã‚ airV22 + à Ã‚ airgz2 z is negligible so à Ã‚ airgz cancels out on both sides leaving P1 + ( ½)à Ã‚ airV12+ = P2 + ( ½)à Ã‚ V22 Rearranging: P1 P2 = ( ½)à Ã‚ air(V22 V12) Note that Qideal = V1A1 = V2A2. Solving for V2 V2 = Subbing (5) into (3) and solving for V1 V1 = Then Qideal = A1 Flow Analysis (Contd) For the derivation of Qactual, sufficient distance from the Venturi inlet is assumed for a fluid particles relative velocity to be taken as zero. The same height (z value) as the Venturi will be taken for the particle. P1 + ( ½)à Ã‚ airV12+ à Ã‚ airgz1 = P2 + ( ½)à Ã‚ airV22 + à Ã‚ airgz2 z is negligible so à Ã‚ airgz cancels out on both sides leaving P1 + ( ½)à Ã‚ airV12+ = P2 + ( ½)à Ã‚ V22 as stated, the fluid particles velocity at point 0 is assumed to be 0m/s Patm = P2 + ( ½)à Ã‚ airV22 Solving for V2 V2 = P2 is defined as the static pressure at the inlet, found to be P2 = Patm + à Ã‚ watergΆh Subbing (9) into (8) V2 = To find Qactual Qactual = V2A2. Sub (11) into (12) where A2 is the cross sectional area Qactual = A2 Flow Analysis (Contd) With values for Qactual and Qideal, Cv can then be calculated with the relation Cv = For ideal static pressures combine (8) having solved for P2 and (4) having solved for V2 P2 = Patm ( ½)à Ã‚ airV22 P2 = Patm ( ½)à Ã‚ air Experimental Setup and Procedure The experiment was carried out per the instructions outlined in the course manual. However due to a problem with the apparatus and a constantly fluctuating Venturi meter, a camera was used to take a photo. Measurements were taken from the scale viewed on said picture. Figure Shows Experimental Setup Results For trial 1: Qideal = 0.01238 Qactual = 0.01153 The Venturi Coefficient, Cv, was calculated by using the values found for Qideal and Qactual and substituting them into equation (14). This value obtained was 0.93. To find the stagnation pressure, P = Patm and V = 0; the total pressure at this point is represented by P0 = Patm + ( ½)à Ã‚ airV2, however since V = 0 , the stagnation pressure is P0 = Patm. The Static Pressure is Patm = Patm à Ã‚ watergΆh where the Άh used is the value that corresponds with the throat. Therefore Pthroat = 99.206KPa For Dynamic Pressure, ( ½)à Ã‚ airVthroat2 = Patm Pthroat = 2.119KPa Results(Contd) For trial 2: Qideal = 0.01238 Qactual = 0.01153 The Venturi Coefficient, Cv, was calculated by using the values found for Qideal and Qactual and substituting them into equation (14). This value obtained was 0.92. To find the stagnation pressure, P = Patm and V = 0; the total pressure at this point is represented by P0 = Patm + ( ½)à Ã‚ airV2, however since V = 0 , the stagnation pressure is P0 = Patm. The Static Pressure is Patm = Patm à Ã‚ watergΆh where the Άh used is the value that corresponds with the throat. Therefore Pthroat = 96.871KPa For Dynamic Pressure, ( ½)à Ã‚ airVthroat2 = Patm Pthroat = 4.454KPa Discussion The two calculated Venturi Coefficients for both trials of differing flow rates were found to have close enough values to assume that said coefficients do not depend on the flow rate but rather on the Venturi meter in use. For ideal calibration methods, an average of values, 0.92 and 0.93 could be taken to compensate for ideal assumptions which have been determined to be inaccurate. This would aid the user to find actual values once ideal ones have been found. Although these values are not 1.0, they are relatively close. However despite this, it can be inferred that the idealistic conditions assumed at the beginning of the experiment are invalid as they do in fact incur a noticeable effect on the results creating an error. These assumptions included a one dimensional steady flow that existed in a frictionless environment; such implies no energy transfers. Dimensions for the outlet and inlet were assumed to be equal however if the graphs are reviewed, there are discrepancies and a certain amount of irregularities. These further outline the existence of friction and energy loss which can be observed through the comparison of tables 1 and 2 in the appendix where the values of experimental and ideal static pressures are defined. There was however another source of error that was introduced due to the faulty apparatus as was discussed in the Experimental Setup and Procedure section. Measurements were taken from a photograph to facilitate taking down said measurements from a fluctuating Venturi meter. Bernoullis equation states that when a fluid in flow undergoes a rise in pressure, then its velocity must decrease. Said concept also applies the other way around. Figure 1 in the appendix illustrates this through a rough sketch. Conclusion Venturi coefficients such as the ones calculated in this experiment, 0.92 and 0.93 imply that the actual flow is lower than the ideal flow. Therefore the ideal conditions that were applied only give an approximation to the actual flows. The coefficients can be averaged for a more accurate way to calibrate the Venturi meter. The values found imply that the Venturi meter relates the actual and ideal values relatively well; however this may be due to the fluctuating meters. Also very likely, is the presence of a relatively low amount of friction and symmetrical dimensions in the Venturi meter. References University, Carleton, ed. MAAE 2300 Course Manual. Ottawa, 2011. Print.

Financial Ratios for East Coast Yachts

Question 1: Financial ratios for East Coast Yachts: Current ratio| =| Current Assets| | | Debt-equity ratio| =| Total liabilities| | | Current Liabilities| | | | | Total equity| | =| $14,651,000 | | | | =| $19,539,000 + $33,735,000| | | $19,539,000 | | | | | $55,341,000 | | =| 0. 75| | | | =| 0. 96| | | | | | | | | | | | | | | | | Quick ratio| =| Current Assets – Inventory| | | Equity multiplier| =| Total assets| | | Current Liabilities| | | | | Total equity| | =| $14,651,000 – $6,136,000| | | | =| $108,615,000 | | | $19,539,000 | | | | | $55,341,000 | | =| 0. 44| | | | =| 1. 96| | | | | | | | | | | | | | | | Total asset turnover| =| Sales| | | Interest coverage| =| EBIT| | | Total Assets| | | | | Interest| | =| $167,310,000 | | | | =| $23,946,000 | | | $108,615,000 | | | | | $3,009,000 | | =| 1. 54| | | | =| 7. 96| | | | | | | | | | | | | | | | | Inventory turnover| =| COGS| | | Profit margin| =| Net Income| | | Inventory| | | | | Sales| | =| $117,910,000 | | | | =| $1 2,562,200 | | | $6,136,000 | | | | | $167,310,000 | | =| 19. 22| | | | =| 7. 51%| | | | | | | | | | | | | | | | | Receivables turnover| =| Sales| | | Return on assets| =| Net Income| | | Accounts receivable| | | | | Total assets| =| $167,310,000 | | | | =| $12,562,200 | | | $5,473,000 | | | | | $108,615,000 | | =| 30. 57| | | | =| 11. 57%| | | | | | | | | | | | | | | | | Debt ratio| =| Total assets – Total equity| | | Return on equity| =| Net Income| | | Total assets| | | | | Total equity| | =| $108,615,000 – $55,341,000| | | | =| $12,562,200 | | | $108,615,000 | | | | | $55,341,000 | | =| 0. 49| | | | =| 22. 70%| | | | | | | | | | | | | | | | | Question 2: | | East Coast Yachts| | Yacht Industry Ratios| | | | | Lower Quartile| Median| Upper Quartile| Current ratio| | 0. 75| | 0. 50| 1. 43| 1. 9| Quick ratio| | 0. 44| | 0. 21| 0. 38| 0. 62| Total asset turnover| | 1. 54| | 0. 68| 0. 85| 1. 38| Inventory turnover| | 19. 22| | 4. 89| 6. 15| 10. 89| Receivables turnover| | 30. 57| | 6. 27| 9. 82| 14. 11| Debt ratio| | 0. 49| | 0. 44| 0. 52| 0. 61| Debt-equity ratio| | 0. 96| | 0. 79| 1. 08| 1. 56| Equity multiplier| | 1. 96| | 1. 79| 2. 08| 2. 56| Interest coverage| | 7. 96| | 5. 18| 8. 06| 9. 83| Profit margin| | 7. 51%| | 4. 05%| 6. 98%| 9. 87%| Return on assets| | 11. 57%| | 6. 05%| 10. 53%| 13. 21%| Return on equity| | 22. 70%| | 9. 93%| 16. 54%| 26. 15%|The liquidity ratio shows that the company has less liquidity as compare to the whole industry. East Coast Yachts current ratio is below the median industry ratio and the quick ratio is positioned at the median industry ratio. This indicates that the company may access to short-term borrowing. Referring to the turnover ratio, all the three ratios, I. e. total asset turnover, inventory turnover and receivables turnover are higher than upper quartile industry ratio. This indicates that the company is more efficient among the whole industry in using its assets to generate sales.The financial levera ge ratios, which include the debt ratio, debt-equity ratio, equity multiplier and interest coverage, are all below the median industry ratio, but higher than the lower quartile. This shows that East Coast Yachts is having less debt than the other companies in the industry, but is still within the normal range. The profit margin, return on assets as well as return on equity of the company are higher than the industry median. This shows that the company’s profitability is performing well among the whole industry.As an overall, East Coast Yachts is performing well in the industry, while more concentration would only be required to be placed on the liquidity ratios. Question 3: Return on equity = 22. 70% Retention ratio (b)| =| Net income – Dividends| | | Net Income| | =| $12,562,200 – $7,537,320| | | $12,562,200 | | =| 40%| Sustainable growth rate (SGR) = Return on equity x Retention ratio = 22. 70% x 0. 4 = 9. 08% Increase in assets| =| Assets| x| ? Sales| | | Sal es| | | | =| $108,615,000 | x| (167,310,000 x 9. 08%)| | | $167,310,000 | | | | =| $9,862,242. 00 | | | | | | | |Increase in spontaneous liabilities| =| Spontaneous liabilities| x| ? Sales| | | Sales| | | | =| $6,461,000 | x| (167,310,000 x 9. 08%)| | | $167,310,000 | | | | =| $ 586,658. 80 | | | | | | | | Retention ratio (b)| =| Addition to RE| | | | | Net income| | | | =| $5,024,880 | | | | | $12,562,200 | | | | =| 40%| | | | | | | | Profit margin| =| Net income| | | | | Sales| | | | =| $12,562,200 | | | | | $167,310,000 | | | | =| 8%| | | | | | | | Increase in equity| =| PM x Projected sales x retention ratio| | =| 8% x ($167,310,000 x 1. 0908) x 0. 4| | =| $5,840,055. 94 | | | | | | | | External Funds Needed (EFN)| =| Increase in assets – Increase in spontaneous liabilities – Increase in equity| | =| $9,862,242. 00 – $586,658 – $5,840,056| | =| $3,435,527. 26 | | | | | | | | | | | | | East Coast Yachts| | | Pro forma Income Statement| | | Sales| | 182 ,501,748| | | Cost of goods sold| | 128,616,228| | | Other expenses| | 21,809,455| | | Depreciation| | 5,460,000| (Assume constant)| Earnings before interest and taxes (EBIT)| 26,616,065| | | Interest| | 3,009,000| (Assume constant)|Taxable income| | 23,607,065| | | Taxes (40%)| | 9,442,826| | | Net Income| | 14,164,239| | | Dividends| | 8,221,709| | | Addition to RE| | 5,481,139| | | | | | | | East Coast Yachts| | | Pro forma Balance Sheet| | | Assets| | | | | Current assets| | | | | Cash| | 3,318,214| | | Accounts receivable| | 5,969,948| | | Inventory| | 6,693,149| | | Total| | 15,981,311| | | Fixed assets| | | | | Net plant and equipment| | 102,495,931| | | | | | | | | | | | | Total assets| | 118,477,242| | | | | | | | Liabilities| | | | | Current liabilities| | | | | Accounts payable| | 7,047,659| | | Notes payable| | 14,265,482| | |Total| | 21,313,141| | | | | | | | Long term debt| | 33,735,000| | | | | | | | Shareholders' equity| | | | | Common stock| | 5,200,000| | | Retaine d earnings| | 54,693,803| | | Total equity| | 59,893,803| | | | | | | | Total liabilities and equity| | 114,941,944| | | | | | | | EFN| | 3,535,298| | | Current ratio| =| Current Assets| | Debt-equity ratio| =| Total liabilities| | | Current Liabilities| | | | Total equity| | =| $15,981,311 | | | =| $21,313,141 + $33,735,000| | | $21,313,141 | | | | 59,893,803 | | =| 0. 75| | | =| 0. 92| | | | | | | | | | | | | | |Quick ratio| =| Current Assets – Inventory| | Equity multiplier| =| Total assets| | | Current Liabilities| | | | Total equity| | =| $15,981,311 – $6,693,149| | | =| $118,477,242 | | | $21,313,141 | | | | $59,893,803 | | =| 0. 44| | | =| 1. 98| | | | | | | | | | | | | | | Total asset turnover| =| Sales| | Interest coverage| =| EBIT| | | Total Assets| | | | Interest| | =| $182,501,748 | | | =| $26,616,065 | | | $118,477,242 | | | | $3,009,000 | | =| 1. 54| | | =| 8. 85| | | | | | | | | | | | | | | Inventory turnover| =| COGS| | Profit margin| =| Net Income| | | Inventory| | | | Sales| =| $128,616,228 | | | =| $14,164,239 | | | $6,693,149 | | | | $182,501,748 | | =| 19. 22| | | =| 7. 76%| | | | | | | | | | | | | | | Receivables turnover| =| Sales| | Return on assets| =| Net Income| | | Accounts receivable| | | | Total assets| | =| $182,501,748 | | | =| $14,164,239 | | | $5,969,948 | | | | $118,477,242 | | =| 30. 57| | | =| 11. 96%| | | | | | | | | | | | | | | Debt ratio| =| Total assets – Total equity| | Return on equity| =| Net Income| | | Total assets| | | | Total equity| | =| $118,477,242 – $59,893,803| | | =| $14,164,239 | | | $118,477,242 | | | | $59,893,803 | | =| 0. 49| | | =| 23. 5%| | | East Coast Yachts| | | Original ratios| | Based on pro forma| Current ratio| | 0. 75| | 0. 75| Quick ratio| | 0. 44| | 0. 44| Total asset turnover| | 1. 54| | 1. 54| Inventory turnover| | 19. 22| | 19. 22| Receivables turnover| | 30. 57| | 30. 57| Debt ratio| | 0. 49| | 0. 49| Debt-equity ratio| | 0. 96| | 0. 92| Equity multiplier| | 1. 96| | 1. 98| Interest coverage| | 7. 96| | 8. 85| Profit margin| | 7. 51%| | 7. 76%| Return on assets| | 11. 57%| | 11. 96%| Return on equity| | 22. 70%| | 23. 65%| As noted from above, the liquidity and turnover ratio will remain constant assuming growth precisely at 9. 8%. Debt-equity ratio will decreased slightly while equity multiplier and interest coverage increased, assuming interest remain constant. Slight improvement also noted from profit margin, return on assets and return on equity. Question 4: Growth rate| | 20%| | | | | | | | Increase in assets| =| Assets| x| ? Sales| | | Sales| | | | =| $108,615,000 | x| (167,310,000 x 20%)| | | $167,310,000 | | | | =| 21,723,000. 00 | | | | | | | | Increase in spontaneous liabilities| =| Spontaneous liabilities| x| ? Sales| | | Sales| | | | =| $6,461,000 | x| (167,310,000 x 20%)| | $167,310,000 | | | | =| $1,292,200. 00 | | | | | | | | Retention ratio (b)| =| Addition to RE| | | | | Net income| | | | =| $5,024,880 | | | | | $12,562 ,200 | | | | =| 40%| | | | | | | | Profit margin| =| Net income| | | | | Sales| | | | =| $12,562,200 | | | | | $167,310,000 | | | | =| 8%| | | | | | | | Increase in equity| =| PM x Projected sales x retention ratio| | =| 8% x ($167,310,000 x 1. 2) x 0. 4| | | =| $6,424,704. 00| | | | | | | | External Funds Needed (EFN)| =| Increase in assets – Increase in spontaneous liabilities – Increase in equity| | =| $21,723,000. 0 – $1,292,200. 00 – $6,424,704. 00| | =| $14,006,096. 00| | | | | | | | | | | | | | | | | | East Coast Yachts| | | Pro forma Income Statement| | | Sales| | 200,772,000| | | Cost of goods sold| | 141,492,000| | | Other expenses| | 23,992,800| | | Depreciation| | 5,460,000| (Assuming constant)| Earnings before interest and taxes (EBIT)| 29,827,200| | | Interest| | 3,009,000| (Assuming constant)| Taxable income| | 26,818,200| | | Taxes (40%)| | 10,727,280| | | Net Income| | 16,090,920| | | Dividends| | 9,044,784| | | Addition to RE| | 6,029,85 6| | | | | | | | East Coast Yachts| | |Pro forma Balance Sheet| | | Assets| | | | | Current assets| | | | | Cash| | 3,650,400| | | Accounts receivable| | 6,567,600| | | Inventory| | 7,363,200| | | Total| | 17,581,200| | | Fixed assets| | | | | Net plant and equipment| | 112,756,800| | | | | | | | | | | | | Total assets| | 130,338,000| | | | | | | | Liabilities| | | | | Current liabilities| | | | | Accounts payable| | 7,753,200| | | Notes payable| | 15,693,600| | | Total| | 23,446,800| | | | | | | | Long term debt| | 33,735,000| | | | | | | | Shareholders' equity| | | | | Common stock| | 5,200,000| | |Retained earnings| | 60,169,200| | | Total equity| | 65,369,200| | | | | | | | Total liabilities and equity| | 122,551,000| | | | | | | | EFN| | 7,787,000| | | | | East Coast Yachts| | | Original ratios| | Growth @9. 08%| | Growth @20%| Debt-equity ratio| | 0. 96| | 0. 92| | 0. 87| Equity multiplier| | 1. 96| | 1. 98| | 1. 99| Interest coverage| | 7. 96| | 8. 85| | 9. 91| Profit margin| | 7. 51%| | 7. 76%| | 8. 01%| Return on assets| | 11. 57%| | 11. 96%| | 12. 35%| Return on equity| | 22. 70%| | 23. 65%| | 24. 62%| The growth rate of 20% indicates that the EFN is $7,787,000.Debt-equity ratio will decrease by 0. 05. The profit margin, return on assets and return on equity shows improvement if the expansion plan was taken up, assuming interest and depreciation remain constant. The further expansion may be taken up as it will bring improvement to the company’s profitability. Also, debt-equity ratio is still below 1 hence there is room for the expansion to be taken up. Question 5: Depreciation rate| =| Depreciation| | | | | PPE| | | | =| $5,460,000 | | | | | $93,964,000 | | | | =| 5. 81%| | | | | | | | Cost of new line| | 30,000,000| | |New depreciation charged| | 1,743,220. 81| | | | | | | | | | | | | East Coast Yachts| | | Pro forma Income Statement| | | Sales| | 200,772,000| (Assuming growth rate 20%)| Cost of goods sold| | 141,492,000| (Assuming growth rat e 20%)| Other expenses| | 23,992,800| (Assuming growth rate 20%)| Depreciation| | 1,743,221| | | Earnings before interest and taxes (EBIT)| | 33,543,979| | | Interest| | 3,009,000| (Assuming constant)| Taxable income| | 30,534,979| | | Taxes (40%)| | 12,213,992| | | Net Income| | 18,320,988| | | Dividends| | 9,044,784| | | Addition to RE| | 6,029,856| | | | | | | East Coast Yachts| | | Pro forma Balance Sheet| | | Assets| | | | | Current assets| | | | | Cash| | 3,650,400| | | Accounts receivable| | 6,567,600| | | Inventory| | 7,363,200| | | Total| | 17,581,200| | | Fixed assets| | | | | Net plant and equipment| | 141,013,579| | | | | | | | Total assets| | 158,594,779| | | | | | | | Liabilities| | | | | Current liabilities| | | | | Accounts payable| | 7,753,200| | | Notes payable| | 15,693,600| | | Total| | 23,446,800| | | | | | | | Long term debt| | 33,735,000| | | | | | | | Shareholders' equity| | | | | Common stock| | 5,200,000| | |Retained earnings| | 60,169,200| | | Total equity | | 65,369,200| | | | | | | | Total liabilities and equity| | 122,551,000| | | | | | | | New EFN| | 36,043,779| | | Existing EFN| | 7,787,000| | | Additional EFN| | 28,256,779| | | Depreciation charged from increase in fixed assets at SGR of 20% was $1,743,220. 81. The new plant would cost $30,000,000. The additional EFN would be $28,256,779. The total EFN would become $36,043,779. This would imply that the capacity utilization would be lower next year, since the new plant would expand capacity much more than the required under SGR.

19th Amendment to the Constitution

19th Amendment to the Constitution * Women gained the right to vote in 1920 in the 19th Amendment. Due to societal norms of the past, many women chose not to vote. The League of Women Voters was formed the same year to educate women about political issues and candidates, as well as encourage participation in the political process. One of the founders was the president of the National American Woman Suffrage Association, Carrie Chapman Catt. Read more: Roaring Twenties Political Events | eHow. com http://www. ehow. com/list_7794192_roaring-twenties-political-events. tml#ixzz1gYm7jWyN Sunday, William â€Å"Billy† 1862-1935 The Best-Known Evangelist in America. Billy Sunday entered the 1920s as the best-known revivalist in America. His great campaign in New York City in 1917 coincided with America's entry into the Great War, and in his sermons Sunday managed to fuse Christianity and American patriotism to the delight of millions. His success was even greater when he was able to c elebrate the death of his longtime enemy, â€Å"John Barleycorn,† with the adoption of Prohibition. He even attained some wealth, In 1920 Dun and Bradstreet estimated his worth at $1. million. Decline. However, the 1920s were not pleasant for Sunday and his wife. While he continued to attract large audiences and led thousands to hit the â€Å"sawdust trail† that led to the altars of the tabernacles he had put up for his revivals, these special buildings no longer went up in the largest cities of the North, and he found himself working medium-sized crowds. Economic Growth in the 1920s Despite the 1920-1921 depression and the minor interruptions in 1924 and 1927, the American economy exhibited impressive economic growth during the 1920s.Though some commentators in later years thought that the existence of some slow growing or declining sectors in the twenties suggested weaknesses that might have helped bring on the Great Depression, few now argue this. Economic growth ne ver occurs in all sectors at the same time and at the same rate. Growth reallocates resources from declining or slower growing sectors to the more rapidly expanding sectors in accordance with new technologies, new products and services, and changing consumer tastes. Economic growth in the 1920s was impressive.Ownership of cars, new household appliances, and housing was spread widely through the population. New products and processes of producing those products drove this growth. The combination of the widening use of electricity in production and the growing adoption of the moving assembly line in manufacturing combined to bring on a continuing rise in the productivity of labor and capital. Though the average workweek in most manufacturing remained essentially constant throughout the 1920s, in a few industries, such as railroads and coal production, it declined. Whaples 2001) New products and services created new markets such as the markets for radios, electric iceboxes, electric ir ons, fans, electric lighting, vacuum cleaners, and other laborsaving household appliances. This electricity was distributed by the growing electric utilities. The stocks of those companies helped create the stock market boom of the late twenties. RCA, one of the glamour stocks of the era, paid no dividends but its value appreciated because of expectations for the new company. Like the Internet boom of the late 1990s, the electricity boom of the 1920s fed a rapid expansion in the stock market.Fed by continuing productivity advances and new products and services and facilitated by an environment of stable prices that encouraged production and risk taking, the American economy embarked on a sustained expansion in the 1920s. Answer: Improve Positive effects- it created jobs, it created wealth, and it produced better living Negative effects- living conditions were bad, workers got seriously injured/killed, cities became crowded, and some countries tried imperialism Read more: http://wiki . answers. com/Q/What_were_the_positive_and_negative_effects_of_industrialization_between_1890_and_1920#ixzz1gYpL2o4R

How to Grow Color Change Crystals

If you enjoy growing crystals, try this simple project that produces large crystals that change color from yellow to green to blue depending on light and temperature.  The crystals grow over a few hours to overnight and are sure to amaze! Color Change Crystal Materials Two chemicals react to produce the color change in the crystals: 10 grams potassium alum (potassium aluminum sulfate)3 grams red prussiate [potassium hexacyanoferrate(III)]50 milliliters hot water Alum is easy to find, but youll likely need to order red prussiate online. Another option is to simply order a color change crystal kit. The one by Thames and Kosmos is reliable and includes a total of three experiments. Prepare the Solution and Grow Crystals In a small clear container, simply dissolve the potassium alum and red prussiate in 50 milliliters of hot water. It make take a few minutes for the salts to fully dissolve. If you still have undissolved material after a couple of minutes, you can carefully set your container inside another larger container of very hot water, to act as a hot water bath and help the salts dissolve.Once the chemicals are dissolved, set your container of chemicals in a location where the crystals can grow without being disturbed.Youll start to see tiny crystals after 30 minutes to a couple of hours. Crystal growth should be complete overnight to a couple of days, depending mostly on temperature and the humidity of the air. At this point, the crystals will be yellowish green or green, depending on the temperature at which they grew.When you are satisfied with the crystal growth, use a spoon to remove the crystals from the container. You can set them on a saucer to dry. Dispose of the chemical solution by pouring it down the drain and rinsing with water.The easiest way to observe the color change is to divide the crystals between two containers. Place one container in a dark cabinet or closet and put the other container on a sunny window sill.Check on your crystals each day. Over time, the crystals in the sunlight will change color from yellow to green to blue. The crystals in the dark will remain yellow. The color change could take a couple of days, but in my experience, you see it within an hour or two. When I took the photo, the crystal on the left was canary yellow, but darkened to yellowish green under the bright lights How Color Changes Crystals Work Light and heat supply the energy to cause  a chemical reaction between the alum and red prussiate to produce Prussian blue or Berlin blue. This is an iron-based dye still in use today for blue ink cartridges and paints. Make Prussian Blue InkUse Prussian Blue in a Crystal Garden Safety Information The chemicals used in this project are safe to use, but you should wash your hands after handling the crystals, because the red prussiate and your crystals contain iron, which can be toxic if you get too much. Keep the chemicals and crystals out of reach of pets and young children for this reason. The kitchen is a perfect place to mix the solution and grow crystals, but be careful you dont get burned by the hot water and be sure to keep the chemicals and crystals away from food. Rinse any kitchen cookware you use so it doesnt have chemical residue. More Chemicals That Grow Crystals