Tuesday, December 24, 2019
Evaluation Of A Strategic Management Process - 1436 Words
Introduction Most organizations put in place a strategic management process in order to identify long-term objectives and put in place action plans that will contribute to the achievement of these long-term objectives. The feedback control model is one of the many model used by management in order to ââ¬Ëmeet strategic goals by monitoring and regulating the organizationsââ¬â¢ activities (Daft, 2016, p.661).ââ¬â¢ The provided feedback is used to determine if employees have met the standards or objectives set before them through their performance. This model is comprised of four steps: establishment of standards, measurement of standards, performance comparison in relation to standards and finally corrective actions, when necessary. This paper will analyze the Five Stars case in relation to these four key steps. Feedback Control System The feedback control system was used in the Five Stars case in order to address the issue of teacher accountability regarding students. The department of education wanted to ensure that student were able to progress in their education despite their school system. Letââ¬â¢s examine each step of the system in relation to the Five Stars case. Establishing Standards. The strategic management plan is comprised of long-term and short-term objectives that designed around the vision of the organization. Managers have the responsibility of setting up standards that must be followed by employees. According to Daft (2016), these standards reflect activities orShow MoreRelatedEvaluating Greenby Education Department1538 Words à |à 7 PagesaRunning head: EVALUATION RESEARCH PAPER Case 10: Evaluating the Consultation and Education Department Research University of Phoenix Evaluation the Consultation and Education Department The Greenby Community Mental Health Center process evaluation measure suggests the Consultation and Education Department needs to implement the address of the real questionable issue within the organization, and to evaluate the programs being offered through the organization. The questionable issueRead MoreStrategic Management Process Paper618 Words à |à 3 PagesStrategic Management Process Kimberly Bruno MGT 498 October 29, 2012 Homer Johnstone Strategic Management Process For an organization to achieve success a successful product or service is necessary. However, a successful organization requires much more than that. An organization needs a full-scale management plan. This displays plans for the future and allows an organization to run like a well-oiled machine. To fully understand the managementRead MoreThe Performance Measurement Of Enterprise1536 Words à |à 7 Pagesthe internal management of the enterprise is also an important meaning to enhance the competition ability of the enterprise (Paloma Sà ¡nchez Elena, 2006). Enterprise performance measurement as an important way to strengthen internal management and control has been recognized by much more enterprises (Atkinson et al, 1997). Corporate managers are trying to make performance measurement and business strategy for better integration, in order to establish a scientific performance evaluation system and promoteRead MoreMb0052 Strategic Management and Business Policy Assignment Mba S em 41486 Words à |à 6 PagesMaster of Business Management Semester IV MB0052 ââ¬â Strategic Management and Business Policy - 4Credits (Book ID: B1314) Assignment Set- 1 (60 Marks) Note: Each Question carries 10 marks. Answer all the questions. 1. What is meant by ââ¬ËStrategyââ¬â¢? Differentiate between goals and objectives. Answer: Strategy:- The method by which an organization systematically achieves its future objectives. A business cannot progress for a long term without a reliable strategy. its conceptual evolution, scopeRead MoreStrategic Process970 Words à |à 4 PagesFigure 1 is an illustration of what constitutes the strategic process with each of the stages thoroughly investigated against internal and external factors of the organization. The formulation stage is critical in identifying a roadmap for an organization. At this stage, there are usually senior executives or policy makers. Once their work is complete the strategy is cascaded down for implementation usually to line managers and public officials in the case of policy decisions who implement accordingRead MoreHow Strategic Management Plan And The Human Resource Planning Process1410 Words à |à 6 PagesFor this assignment we will examine how strategic management plans are established and redefine to keep the organizations moving forward i n growth. Management promotes and brings about a change in the structure to keep it active and efficient in the approaches to achieving its goals and objective. The strategy behind the approaches correlation is what leads to actually implementing and providing data to analyze on an ongoing basis to enhance the strategic plan of the organization. The relationshipRead MoreThe Methods For Strategic Goal Creation And Evaluation771 Words à |à 4 PagesIntroduction The methods for strategic goal creation and evaluation are very important for the business growth. The methods will help the organization to increase knowledge, productivity and market share. Also, the benefits of using the mentioned methods will improve innovation, the use of resources, risk management, and making the right decision which all needed in order to take the organization to the next level and keep the business stay ahead of the competition. The main issue is ââ¬Å"what is theRead MoreIntegrating Strategic Management Practices In Public Sector1710 Words à |à 7 PagesIntegrating Strategic Management Practices in Public Sector Reform in Kenya. 1Stanley Kipsang and 2Razia Mbaraka 1Moi University, Department of Development Studies P.o. Box 3900 Eldoret, 2Moi University, Department of Development Studies P.o. Box 3900 Eldoret and 3Moi University, Department of Development Studies P.o. Box 3900 Eldoret Corresponding Author- Stanley Kipsang Abstract The public sector is under increasing pressure worldwide to increase outcomes and improve outputs of their organizationsRead MoreFinancial Performance Of The Business Management1565 Words à |à 7 PagesFinancial As the final results of the business management activities to be reflected by the financial situation of enterprises, so the enterprise financial evaluation methods as a fundamental evaluation system. BSC is not to deny the importance of setting financial data, but to correct may cause financial goals are not good achieveï ¼Å'due to too much emphasis on the traditional financial measures and ignore non-financial measure, making financial goals clearly, can better meet the need of enterpriseRead MorePrimary Components Of A Strategic Management Process954 Words à |à 4 Pagesrisk starts with having a strategic plan for the company with a mission and vision statement. Studies have been completed through the years that conclude firms with lucid, coherent, and meaningful mission and vision statements provide shareholders more than double their return on investments (RIC) as compared to the firms that do not have mission and vision statements (Management Study Guide, 2015). The mission and vision statement is part of Strategic Management process for a company. This paper
Monday, December 16, 2019
Hunting Laws and Regulations Free Essays
Iââ¬â¢ve never really paid attention to who makes the laws for hunting to be honest Iââ¬â¢ve only just followed thern The Colorado Parks and Wildlife Commission Is a citizen board, chosen by the Governor, which sets regulations and policies for Coloradoââ¬â¢s state parks and wildlife programs The Colorado Parks and Wildlife Is who enforces the laws that the commission makes, there job s to protect, preserve, enhance, and anage wildlife for the use of the people of this state. There are several types of hunting allowed In Colorado such as Archery, Rifles, Muzzle loading, shot gun. And lust about every type of mammal can be hunted In regulauon elk, mule deer, black bear, mcvuntaln lion, antelope, bighorn ; Desert Bighorn, moose, mountain goat and whitetail deer, bobcat, fox, coyote, and badger. We will write a custom essay sample on Hunting Laws and Regulations or any similar topic only for you Order Now There Is also birds such as Partridge, dove, grouse, quall, chucker, turkey, duck, geese, ptarmigan, snipe, and many other irds dont feel Ilke naming. GRANGER LAWS atà https://donemyessay.com/ch-16-apush/ I understand why some people are against hunting, I And some people only see the stereotype a think Itââ¬â¢s just a bunch ot banjo strlnglng rednecks going Rambo on Bambiââ¬â¢s mom. But there are several laws and regulations keeping all hunting sate and even necessary to keep species size under control. have hunted all my lite. and lwe learned most ot my lite lessons sitting on the cold ground with a 30. 6 in my hands waiting tor an elk to pass by. So hunting is a part ot me. my family doesnt hunt to just kill an animal, every piece of meat we eat is either a cow from our pasture or elk we killed during hunting season. That is the meat we eat all year, so even though I know why we hunt and why itââ¬â¢s not bad understand why some people think it might be barbaric. Iââ¬â¢m also not saying that some people donââ¬â¢t disrespect the right to hunt and kill anything they see, Just like ant-hunters think. How to cite Hunting Laws and Regulations, Papers
Sunday, December 8, 2019
Social Electronic Commerce for Opportunities- MyAssignmenthelp
Question: Discuss about theSocial Electronic Commerce for Opportunities. Answer: Literature Review Electronic commerce (e-commerce) is the processes of conducting business online (Qiang et al. 2017). Electronic commerce is being greatly facilitated by the continuous growth of technology. Internet-enabled technology is changing the development of e-commerce. Currently, the development is a bit fast because of increased use of Internet in the business field. Application of e-commerce has enabled companies to trade with other firms and consumers globally at whatever time (Turban et al. 2009). This process has brought about more business opportunities. The use of social media such as Twitter, Facebook, YouTube, Instagram and Skype amongst others has caused many business opportunities (Srinivasan, Anderson Ponnavolu, 2002). The massive popularity of social media has brought new opportunities as well as stumbling blocks. Currently, social media seems to be transforming all online activities. As a result, brands have started to allocate bigger parts of their total financial gains to inc orporate social networks into all aspects of their business from marketing and sales through customer service (Siau, Ee-Peng Shen, 2001). The evolution of traditional commerce to social business seems to be developing at a recommendable rate (Lu, Yao Yu, 2005). The customer experience of online buying is personalized, and customers are the new outlets of social media. The corporate sector can be termed as greatest beneficiary courtesy of internet growth. Most companies currently have reacted and developed their e-commerce to tolerate with the changes. Enterprises have also employed qualified IT experts to ensure that they are kept up to date with growth on the internet (Laudon Traver, 2007). We also have some businesses which have been eliminated as a result of the challenge of their traditional business model. This company identifies the opportunities and problems associated with social electronic commerce by reviewing past studies and articles addressing the same. The recent research and reports are also keenly analyzed to identify the major addressed key points on opportunities and challenges of e-commerce (Laudon Traver, 2007). The findings of the paper will be of great use since they will provide ideas on writing the research proposal, which will create a way for the final projects. Opportunities for Social Electronic Commerce The possibilities of social electronic commerce are diverse. They can be categorized on consumers and owners of businesses. The options are widened due to the tremendous growth of technology. The rapid changes are because of maximum utilization of mobile phones and new technologies in our daily life (Lu, Yao Yu, 2005). A study conducted recently revealed that social media is used to engage with brands by 63% of consumers while about 50% of the users get to know about the products they require from Facebook, blogs and brand videos (Srinivasan, Anderson Ponnavolu, 2002). Another study also found that friends opinions and websites were also influential in shaping sentiments (Siau, Ee-Peng Shen, 2001). Incorporation of the New Media Recently studies have found social media to have an excellent relationship with the users (Qiang et al. 2017). The relationship, with customers who prefer purchasing products online or getting information about products they require. Social media incorporates customers through listening and engaging with them (Liang, Ho Turban, 2011). Incorporation of new media by facilitating communication between the parties involved businesses has posed a great challenge to the traditional methods of conducting business. Another conducted research found a similarity with Qiang report. The study indicated that communication platform is essential in any business, especially when doing online business where both parties are physically absent (Laudon Traver, 2007). Listening to customers and finding creative ways to engage them in the transactions are necessary factors of affecting any firm. Customers are also in a position to get adequate information and pictures of the products offered through the application of social electronic commerce. It is achieved through the business providing access to the entire store and posting the completed looks on the Facebook page to the customers (Bingi, Mir Khamalah, 2000). The studies reviewed portrayed social media as a channel which helps businesses widen their market. Conversations are also allowed between the buyer and seller and as result customers can question about the posted products and provide their opinions on what they expect. Integrated Shopping Experiences. Through continuous development of Internet, globally online sellers are experimenting with alternative platforms to advertise and sell their products (Turban et al. 2009). Social media such as Facebook, Twitter, Instagram, Skype, and WhatsApp are an into e-retail sites which involve e-commerce functionality in social networks (Lu, Yao Yu, 2005). According to research conducted it businesses that many enterprises have opted to go online by creating, online platforms where customers can visit, view and order products. Accounts have also been established where the users (customers) are allocated private accounts where they can order and pay for the products. Another study also found that retailers are trying to encourage some innovative activities like unique logins and customized payment pages (Bingi, Mir Khamalah, 2000). The two studies show similarities in integrated shopping experiences associated with social media. In both studies, customers can visit the social sites of the comp anies and order goods of their choice. The services are considered to have advantages to the customers since the services offered are made high and fast checkout (Liang, Ho Turban, 2011). Engaging Customers There exist empirical evidence that social electronic commerce is bringing great convenience to the consumers (Kaplan Haenlin, 2010). Customers can do shopping at any time at any places as virtual stores are open all times. They are not expected to carry their gods since they are delivered at their home. Customers are therefore able to shop comfortably without standing in queues. Digital products can also be downloaded for consumers instant entertainment. Previously customers were forced to wait for a reply from the hotline. The procedure of waiting from hotline is opposed to the application of social electronic commerce since customers can easily find answers from the websites. Consumers usually surf the vendor's website, search for the required goods and services and view the specifications of the items as well as prices. Another study opposed the opposed the aspect of social media engagement of customers (Bingi, Mir Khamalah, 2000). The report argued that social media hinders pe rsonal relation between buyer and seller. Some services which require direct contacts cannot, therefore, be processed efficiently. Mobile Commerce Mobile commerce involves the activities pertaining conducting business at different places. The processes have been facilitated by the increased use of cell phones (Kaplan Haenlin, 2010). The development of smartphones promoted mobile commerce. The social applications like WhatsApp, Facebook, Twitter, Instagram, and Skype can be downloaded and installed on the smartphones (Fraser McDonald, 2000). Since most businesses operating online are applying social electronic commerce, it becomes easy to order and buy products. Another study stated that online firms usually own accounts in the social networks whereby they often post the items they offer as a method of advertising (Applegate et al. 1996). The buyers can see the pictures of the products and keenly read on the specifications of the products. Competition has also grown amongst the online firms and therefore leading to concentrating in a wide range of quality products to attract many potential customers. Through this processes bus iness transactions are performed fast, and mobiles, therefore, become important sales platform (Applegate et al. 1996). The reviewed studies show mobile commerce to have played a critical role in facilitating business processes. Currently, many companies have taken steps to attract many mobile shoppers. Some retailers are offering promotions for their mobile customers. Gaming Mechanics Now, some companies are applying gaming mechanics to attract customers. A recently conducted study revealed that the entrepreneurs and marketers are using the game mechanics to engage customers (Siau, Ee-Peng Shen, 2001). The commonly most used Microsofts active, a controller gaming device that senses the space, voices, facial appearances, and movements. From previously conducted studies, there is empirical evidence to show that the gaming mechanics is posing a significant advantage to the enterprises (Fraser McDonald, 2000). The gaming mechanics plays a role in attracting the user then it shows the products offered by the company. Some customers who visit the companies sites may only be interested in the games (Haung Benyoucef, 2013). The two studies show a contradiction, but there always exist a possibility of serious clients purchasing. Through the process companies, potential customers are drawn thus increasing the sales. Through these processes, firms end up making a profit, and they are likely to prosper since it is the core goal of any business organization. Problems of Social Electronic Commerce Studies conducted in the past that there are various advantages realized after an industry adopts social electronic commerce (Kim Srivastava, 2007). However, there are problems, which are associated with the application of social electronic commerce in the enterprise. The problems are hindrances to the business achievement of the goals. Some of the significant challenges related to using of e-business in business include: Lack of Trust Lack of trust is reportedly one problem affecting the adoption of social electronic commerce. Many firms have seized adopting modern technology because they lack trust in online transactions. Trust is a critical issue in any trade of any kind. Lack of confidence in online business transactions is affecting both the business community and the consumers. A study conducted stated that lack of trust amongst parties involved in business transactions hinders trading activities (Kaplan Haenlin, 2010). The low levels of confidence in social electronic commerce can be associated with lack of physical interactions among the involved parties. Research conducted has found that there are some actions, which can be employed to improve the trust of clients (Haijli, Sims, Zadeh Richard, 2017). Customers can be educated on security and privacy issues. Legislation framework aimed at protecting trading parties can be established (Fraser McDonald, 2000). The above-reviewed studies come to an agreemen t that lack of trust is a major problem affecting social electronic commerce. The perception of the social network as an instrument that can threaten trust need to change and view it as a way, which can be applied to safeguard the clients. To ensure that consumers improve their perception on the social electronic commerce transactions efficient use of encryption mechanisms can be utilized. Confidentiality Social electronic commerce involves sharing of confidential information. Some of the social applications require registration before one can begin using them. The business transactions through social electronic commerce have raise issues amongst users (consumers) on confidentiality of their personal information or details (Kim Srivastava, 2007). The changing privacy rules and instant sharing through mobile makes social networking users concerned over their personal information. A study recently conducted revealed that most consumers shy off from online transactions because they dont like disclosing their personal details to people they dont know or cannot trust (Haung Benyoucef, 2013). Kim and Srivatsa, as well as Haung and Benyoucef, together agree that fear of disclosing personal details hinders social electronic commerce. Lack of the confidence to disclose their information can be closely associated with low levels of trust. To curb the challenge businesses wishing to prosper in the aspect of online trading should establish a well detailed and comprehensive privacy policy (Fraser McDonald, 2000). Lack of Optimized Product Pages Most companies operating social electronic commerce have not optimized their pages in an orderly manner. The search engines used by online consumers through social networking sometimes bring the unexpected results (Haijli, Sims, Zadeh Richard, 2017). Previously conducted studies have reported that online buyers sometimes do not get the products they require after visiting different companies social platforms. The search engine robots usually crawl websites to check for relevant information that they can match with search requests. This may result to unexpected results if the company has not ensured order in the social network (Fraser McDonald, 2000). Without good information search engines will have no way of knowing what the websites are all about and will fail to rank search results related to the products sold in companies social electronic commerce. Many social e-commerce businesses may make a blunder of posting online pictures of the products they offer, short title and prices (Haung Benyoucef, 2013). The two studies come into agreement that failure to describe products well hinders social electronic commerce processes. Search engines do not look at images the same way people do but rather depends on other information that will help them index the pages for future search queries. Lack of Product Reviews Online users heavily rely on opinions of others before purchasing products (Liang, Ho Turban, 2011). Most consumers who buy products through electronic social media do not rate the goods and consideration. The recently conducted study revealed that customers usually buy online products, which have been reviewed or rated by other online buyers (Kim Srivastava, 2007). The application of social electronic commerce to companies may not attract the expected number of customers due to lack of reviews (Haijli, Sims, Zadeh Richard, 2017). The above-reviewed studies show correlation between customers reviews and some sales. They both agree that lack of product reviews might lower the volume of sales. To curb this challenge, the online firms can adopt good review social application where customers can quickly place their reviews on products they purchased or viewed. Conclusion Due to the continuous growth of technology, many companies have opted to go online to attract online buyers as well as increasing the volume of sales. This process is aimed at achieving goals and objectives of the firms. The methods have facilitated the application of social electronic commerce, which has had various opportunities for the businesses. Social media like WhatsApp, Facebook, Twitter, Instagram, and Skype are currently not only used to pass the time but also to conduct business activities. Positive resulted have been widely enjoyed by the firms which have applied it wisely. The application of social electronic commerce has also posed challenges to both buyers and sellers. The challenges are however not extreme, and application of simple mechanisms can see them outdone. References Applegate, L. M., Holsapple, C. W., Kalakota, R., Radermacher, F. J., Whinston, A. B. (1996). Electronic commerce: building blocks of new business opportunity.Journal of Organizational Computing and Electronic Commerce,6(1), 1-10. Bingi, P., Mir, A., Khamalah, J. N. (2000). The challenges facing global e-commerce.IS Management,17(4), 1-9. Fraser, J., Fraser, N., McDonald, F. (2000). The strategic challenge of electronic commerce.Supply Chain Management: An International Journal,5(1), 7-14. Huang, Z., Benyoucef, M. (2013). From e-commerce to social commerce: A close look at design features.Electronic Commerce Research and Applications,12(4), 246-259. Hajli, N., Sims, J., Zadeh, A. H., Richard, M. O. (2017). A social commerce investigation of the role of trust in a social networking site on purchase intentions.Journal of Business Research,71, 133-141. Jarvenpaa, S. L., Todd, P. A. (1996). Consumer reactions to electronic shopping on the World Wide Web.International journal of electronic commerce,1(2), 59-88. (Jarvenpaa Todd, 1969) Kim, Y., Srivastava, J. (2007, August). Impact of social influence in e-commerce decision making. InProceedings of the ninth international conference on Electronic commerce(pp. 293-302). ACM. Kaplan, A. M., Haenlein, M. (2010). Users of the world, unite! The challenges and opportunities of Social Media.Business horizons,53(1), 59-68. Liang, T. P., Turban, E. (2011). Introduction to the special issue social commerce: a research framework for social commerce.International Journal of electronic commerce,16(2), 5- 14. Liang, T. P., Ho, Y. T., Li, Y. W., Turban, E. (2011). What drives social commerce: The role of social support and relationship quality.International Journal of Electronic Commerce,16(2), 69-90. Laudon, K. C., Traver, C. G. (2007).E-commerce(Vol. 29). Pearson/Addison Wesley. Lu, J., Yao, J. E., Yu, C. S. (2005). Personal innovativeness, social influences and adoption of wireless Internet services via mobile technology.The Journal of Strategic Information Systems,14(3), 245-268. Siau, K., Ee-Peng, L., Shen, Z. (2001). Mobile commerce: promises, challenges, and research agenda.Journal of Database management,12(3), 4. Srinivasan, S. S., Anderson, R., Ponnavolu, K. (2002). Customer loyalty in e-commerce: an exploration of its antecedents and consequences.Journal of retailing,78(1), 41-50. Turban, E., Lee, J. K., King, D., Liang, T. P., Turban, D. (2009).Electronic commerce 2010. Prentice Hall Press. Qiang, Y. E., Wu, P. J., Alam, S. L., Campbell, J. (2017). PAJAIS special issue on Social Media and Social Commerce.Pacific Asia Journal of the Association for Information Systems,8(4).
Subscribe to:
Posts (Atom)