Essays on Business

INNOVATION AND TECNOLOY MANAEMENT

Innovation and Technology Management
Answer 1
Music affects our daily life in a substantial manner and it has been affecting it since time immemorial. The music has been emerged as an industry that involves billions of dollars. There are several beneficiaries to the music industry and it has been witnessing several changes in terms of technology, innovation and benefits. This paper intends to discuss the innovation in the music industry and further discusses several other related aspects of the subject matter (Schilling, 2008).
People love music, but collecting, storing and sharing the music was not always an easy task

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The Cummer Museum of Art & Gardens is the reward of the civic, social, and business activities of the Cummer family. The Cummers came from a long line of lumber dealers. They started in Canada before expanding their business to Michigan, Virginia, and Florida.
Wellington Willson Cummer (1846-1909) went on to found the Cummer Lumber Company in 1896. After the death of Wellington, Arthur Cummer and Waldo Cummer, along with his son-in-law, John L. Roe, all of them had ranks in the family business inherited the company.
Nina May Holden (1875-1958) a young lady from Michigan City, Indiana married Arthur

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Part 1: Background information

Honduras is approximately 1000 miles from Miami. It is located in the north- central part of Central America. It borders El Salvador, Guatemala and Nicaragua. Honduras is a mountainous country, with river valleys and coastal plains. It is a small country with an area of 48, 200 square miles. The capital city of Honduras is Tegucigalpa. The main language is Spanish. In 2012, statistics showed that the population of Honduras was 8,296,693. Honduras is a democratic constitutional republic. As of 2014, the president of Honduras is Juan Orlando Hernández and he won with a National Party

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Part.1 Country Background:

- Neighbouring Countries: Gaza, Israel, Libya, Sudan,
- Territorial Size of the Country: 1,002, 450 square kilometres
- Size of the Population: 86,000,000 (2014 estimate)
- Type of Political System: Democratic System, multi-party system
- Who is the Prime Minister, President?

Acting Prime Minister: Ibrahim Mahlab

Acting President: Adly Mansour
- What Political Party is in power? Democratic Alliance of Egypt
- Derivation of the form of law: common, civil, other: The country has mixed legal system which is based on Napoleonic civic law and Islamic religious law.
- How would you classify its economic system? Egyptian economy is diversified and

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- In the case “Fraunhofer and MP3” case (Opening case, Chapter 9, Schiller, 2013), what industry conditions lead to the revolution in audio distribution described in the case? Which stakeholders stand to benefit most (or least) from this revolution?
The innovative culture of technology is one element that cannot be controlled when it comes to its manner of embracing the concept of progress. It could be realized that through the different advancements in technology, the manner of creating and distributing music has changed through time. Among such developments include the creation of several music files into particular formats that

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Introduction

Social media has revolutionized human interactions socially and economically. Almost everyone with access to internet whether on a mobile device or on a PC uses at least one social media outlet. Facebook has Sites such as Facebook, twitter, LinkedIn, Badoo among thousands of others have formed sound marketing platforms for many varied companies. Facebook which currently has more than 1.3 billion people comes out as a very preferable social media marketing outlet. Using Facebook as the social media outlet, this essay discusses the four component of a legally astute media marketing manager, analyzes the methods of alternative dispute resolution

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Business faces enhancements in times that people across diverse cultures establish new way of addressing problems through creating solutions and communicating cultural perspectives.
Business communication problems seen across cultures arise while participants within diverse cultures are not in position of culturally understanding the differences in communication thought processing, practices, and traditions. This way, none of them has a likelihood of recognizing the subtle ethnocentrism forms in which there is shaping of individuals. The article addresses the international business practitioners and the needs to be careful while conducting business communication within the cultures. The article focuses on the gains of

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Abstract

Netflix, Blockbuster and Amazon are currently dominating the video content industry. The Netflix business model is dominated by rental DVD movies which includes online downloading from websites. The product differentiation in this industry is based on the type of services offered by each company, and the extent of their reach to customers. A new technology that poses a threat to the DVD rental model is the Video on Demand. Video on Demand or Audio Video on Demand allows instant access for viewers to their favorite movies, television programs, and music. The requested content is directly loaded on the viewer’

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Introduction

Ethics is the study of understanding whether what we do is good and right (Manikutty, Being Ethical p. 19). If we speak of business ethics, we can infer that it is a combination of proper business policies and practices regarding several businesses and marketing related issues. Basically, it is a way in which a marketer conducts its business with its customers by applying several marketing strategies. It is quite often that businesses come under intense scrutiny because they routinely pose tough ethical dilemmas and it becomes very difficult to differentiate between a normal marketing practice and unethical behaviour. If

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Executive Summary

The athletes industry is highly competitive and unpredictable for organizations that venture. As such, the industry has been dominated by companies such as Adidas and Nike. Accordingly, the aforesaid companies that have sustained market dominance have controlled the sports apparel and footwear sector for decades. As well, the market dominance by the various companies has been as a result of clear comprehension of the market of operation. Nonetheless, Under Amour has emerged as a formidable force within the athletes industry. As a new company with less than 30 years of experience, the organization has been growing tremendously. Accordingly, the

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Theoretically speaking, the term 'stakeholders' refers to "any group or individual who can affect or is affected by the achievement of organizations objectives" (Freeman, 2010). It is obvious to expect the differences in stakeholders expectations for a profit business to that of non-profit organizations.
The biggest difference is the monetary expectation. As non-profit organizations don't make monetary benefits from their operations, stakeholders cannot expect financial benefits. The goals of these firms are, usually, providing a charitable and educational service. As such, stakeholders including funders, volunteers, participants, clients and government officials may have different expectations ranging from providing quality service

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Introduction of Tuning Printer

As it has been witnessed on previous years, there have been a lot of new printers that have been introduced in the market. It is on this wave that the Tuning printer was released. The launch as it was expected was popular due to the large publicity that the printer had received. Convenience and durability are the main features that the customers are focused on finding in a product. As opposed to the past, when customers focused on the cost and availability of spare parts, customers are interested in a product that will give them the printing services they

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Processor

Part 1.
A company’s strategy is normally examined by the financial perspective, which helps in determining whether a company will be able to contribute to its bottom line improvement. A financial perspective acts as an indication of a company’s strategic objective in a long term period, hence making the company to incorporate the outcomes that are tangible in terms of the traditional financial positions.
The financial position of a company is a key element used in defining an organization or a company’s success. This also explains how the company can generate the growth of the value

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AES is a leading independent supplier of electricity in the world with more than $33 billion in assets. Rob Venerus, the director of Corporate Analysis and Planning group was faced with a task of calculating the capital cost of the business. Many financial information and results were collected from subsidiaries in June 2003. The manager was obligated to develop a methodology to use the data to determine the costs of capital significantly in valuation and for capital budgeting. The group was created to solve the financial crisis, current and future strategic challenges.
The global economic instability had adverse effects

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The business sector is one of the most challenging economical sectors in the global market. To be concise, the manufacturing sector is one of the most challenging business sectors the market. There are a lot of factors that are considered while making business decisions. These factors include, financial decisions such as cutting down on costs and improving sales.
The Foxconn Company is a company that deals with the Apple Company. The company manufactures i-pods and i-pads for the Apple Company and it works collaboratively with other leading technology firms. The company has been surrounded by multiple controversies concerning employee

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Advantages of a retirement home for Mrs. Willis

Introduction
For many years, retirement homes have helped families in caring for their loved ones once they grow old. Today, many people work and spend limited time at home. The absence from home makes it difficult to take care of their old relatives once they become unable to provide for themselves. It creates an additional burden to those responsible. Retirement homes seem to offer a solution to the problem; they offer a conducive and safe environment where senior citizens can spend their last years well. It exposes them to other senior citizens they can interact with; such homes provide

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Introduction

The Krona Community Hospital, founded in 1977, is a 60-bed, acute care facility, which is situated in Banconota County. The facility presently offers a full range of care services and maintains a staff of around 400 workers, 100 physicians and specialists and several volunteers. Nouveau Health, which is a private, non-profit health care chain, has acquired the management of the Krona Hospital. The new facility will have 74 acute beds, which are entirely private, four observation rooms, a 24-hour emergency center, four surgical operating rooms, intensive care unit, and maternity department that will have one C-section room. In addition,

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Argentina is located in the southeastern part of South America. Its neighboring countries are Brazil, Paraguay, Chile and Uruguay. The size in square kilometers of Argentina is 2,736, 690.00. In 2012, the recorded population of people in Argentina was 41.3 million. Argentina is a federal presidential representative democratic Republic. The President of Argentina is The head of Government and Head of State. Legislative power is vested in the Argentine National Congress and the president. The Judiciary in Argentina is independent of the Legislature and the Executive. The country holds regular elections on n a multi-party system. The Head

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Introduction

As a luxury brand, Moet and Chandon targets customers who can afford a lifestyle accessorized with fancy champagne that translates a bourgeois status quo. As a result of the merger of Moet and Chandon with Louis Vuitton in 1987 (Blavin, Dghaili, Morselly & Tesseire, 2010), the spirit brand was positioned as a “must have” beverage, just as Luis Vuitton represents a mandatory brand that has to be present in high society ladies’ wardrobes. Not only because it is part of Louis Vuitton Moet Hennesy (LVMH) group (Blavin, Dghaili, Morselly & Tesseire, 2010) is Moet and Chandon targeting high class women, but

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Introduction

Starbucks was established in the year 1971. Later, the founders of the company and a marketing manager who happens to own the company currently, decided to list the company in the stocks exchange. Ever since, the company has experienced continuous growth. The coffeehouse company has expanded over the years of its existence (Gia, 2009). The company has expanded both in size from an initial one outlet in Seattle, Washington to twenty thousand three hundred and sixty six outlets in sixty-one countries across the globe. This shows commendable growth in just four decades of operating. Starbucks has not only grown

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Advertisements are meant to be as attractive as possible to encourage the consumers to purchase the goods and services over competitors’ goods. In the spirit of competition, some business advertisement is deceiving and give fluid definitions and quotations that are not real and hence are ethically wrong. Statement of Ethics listed in the American Marketing Association (AMA) advocates for Honesty in Marketing. Consider branding foods ‘all natural’. Several lawsuits have been filled against several brands of commodities labeled as ‘all natural’ yet they contains unnatural ingredients. According to Wall Street Journal by Ashby Jones, September, 2011, “is your Dinner ‘

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The SFS business from all indications is a business entity that surpassed all odds to become a marketing push. Being able to win businesses ordinarily, would mean that the company does well in the market. SFC as a company has a human resource that is vibrant and stable (SFC, 2014). This is evident in the manner in which the employees are enthusiastic about the things that concern the company in terms of sales and the benefits that come into the company. A company that has employees who put more effort has never failed to impress the market scene. Consequently,

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Guerilla marketing is a strategy used in advertising that yields maximum results by using unconventional tactics in marketing that centralizes on low costs. The term guerrilla marketing was made-up by marketing guru Jay Conrad Levinson from the guerrilla warfare. Guerrilla warfare encompasses the small tactical strategies employed by armed civilians in irregular combat. The tactics include the element of surprise, sabotage, ambushes and raids. Just like guerrilla warfare, guerrilla marketing makes use of such tactics in the marketing industry.
This advertising style relies on imagination, high energy and unconventional strategies in marketing. Guerrilla marketing is all about surprising the

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Module 5 SLP Assignment

INTRODUCTION
In the past, the Samsung Company was struggling to catch up with its competitors in the smartphone market and, therefore, needed to develop strategies that would make it a leader in the smartphone market. The company had to strategize well and come up with better strategies to catch up with the trendsetters. However, did these strategies succeed? Did the company achieve its goals and objectives from these strategies? From the company’s official website is its philosophy and goals: “Samsung follows a simple business philosophy: to devote its talent and technology to creating superior products and services that

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Introduction

The food service business, in which McDonald’s engages in, is one of the most challenging industries when it comes to meeting corporate responsibility and sustainability expectations (Gagliano). This is particularly because of the allure to provide the cheap, tasty foods with little or no nutritional value to consumers. In many cases, restaurants prefer to choose the easiest route: to produce foods that consumers love with little regard to the nutritional value that the food would add to the consumer. This goes against the spirit of corporate responsibility and sustainability because it would encourage the growth of unhealthy generations

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ITunes Music Store Analysis

ITunes music store is a one-stop online shop for digital contents consist of music, apps, movies and, electronic publications. The store is a division of Apple Inc. business focusing on providing contents for Apple-native devices. Consumers can purchase and download either individual tracks or complete albums from the artists of different genres. Unlike other online distribution shops, iTunes is not a subscription service or a stand-alone website, it is an entire application that is normally integrated in the operating systems and it is downloadable from the Apple store’s website. Albums cost between $7.99 and $12.99 but the majority

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Management of Working Capital Case Study: George's Trains

Executive Summary
Actionable information on the future and current cash flow, working capital, and capital budgeting are what managers in both small and big businesses work hard to obtain in their daily activities. Working capital is can be used to measure up the liquidity of the operations of the business (Sullivan 2010). It is usually the current assets subtracted from the current liabilities. Managers are normally concerned about working capital and would always seek the best practices to achieve a better working capital management. This report tries analyses the case study of George’s train business with an aim

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- When implementing ERP, one factor that should be considered is the scope with which it will cover. NOVA Company failed to recognize this and installed the whole system which covered everything. Defining the scope will help to understand the system and the way the business operations will be affected.
- Change management is an important aspect when implementing ERP. The resistance to implementation of SAP in NOVA during the first implementation caused it to fail. This is because people felt there would be no addition of value to the implementation.
- There is also a need to provide

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Modern consumerism is typically about the evolution of consumption behaviors in the society. Campbell (1987), devised the notion and sort reliably critical evidence to suggest that modern consumerism is based on a theoretical framework he describes a “Romantic consumerism”. Romantic consumerism according to Campbell revolves around the existing love relationship between a consumer and a product. While this sounds impractical, Campbell expounds on explaining that when the consumer develops a strong bond of attachment to the product, there is bound to be a close relationship just beyond loyalty to the product.
In his works, Campbell dates back to the

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Management

The aim of this management paper is to recognize the various steps in the consulting process. In an article by Thomas Ausart, it has been discussed that operations consulting is focused on the operational aspect of projects where companies are guided about implementation of strategies and about how efficiency of business can be improved. The difference with traditional management consulting is that, in operational consulting, the consultants stay back to work alongside the business on the implementation process and to check the results.
In the operations consulting, process there are several steps which starts with proposal development for the

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Fixed cost is a cost in business that remains unchanged regardless of the sales revenue level or the output level. In the short term, these costs do not change in the business. However, they may be altered over the long term. In both cases, they remain fixed costs despite the different characteristics. Examples of fixed costs include rent, wages and salaries, insurance among other costs. A variable cost changes with the sales revenue and output of the company. An example of variable cost includes energy usage, raw materials, distribution cost among other costs.

Allocation of fixed cost in Herrestad company is calculated as follows.

1. Fixed manufacturing overhead unit of

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Introduction

Risk management is a vital aspect in any business environment that has to be keenly tackled for success in business or any organization. CEOs have to ensure that risks are well analyzed, calculated, quantitatively and qualitatively analyzed before there are taken. Since the risk, handling will entirely depend on their preparedness. It involves identification, assessment, and prioritization of the risks. International module is a concept that looks the concepts around financial management including risks in a universal environment. This paper will focus from a CEO Point of View in a public company. It will focus on the development and

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The Impact of the Industrial Revolution in England

History has always shown that man had continuously struggled to foster development for the improvement of life and progress. This struggle had managed to trigger changes and events that led to the Industrial Revolution or the Age of Industrialization. The revolution had established Europe as a dominant industrial region and bolstered its economy, allowing its population to grow and prosper. In England, industrialization brought significant social changes that had transformed England to the mighty European hegemony it was known for and a society fit for further industrialization. Industrialization physically transformed England’s lands and waterways to become fit for

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Introduction

The baby boomer generation according to Roberts & Manolis (2000), is considered to comprise of individuals who were born between the years 1946 – 1964. There is no consensus of the definition of the baby boomer generation especially since the term is also used for cultural purposes. However, the overriding fact among those considered to be part of the baby boomer generation is that they were born in the Post World War II era where there was a boom of births in the US and Europe.
The baby boomers were wealthiest compared to their predecessors before the war. The bulk of

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Overview of the book

Yunus, Muhammad, and Karl Weber. Building Social Business: The New Kind of Capitalism That Serves Humanity's Most Pressing Needs. New York: Public Affairs, 2010. Print.
The book was authored by Muhammad Yunus. Yunus is the founder of the Grameen Bank, which is a microcredit institution. Through his economic policies, Yunus made an immense contribution to the fight against poverty and through his economic paradigm; he manages to espouse an economic model that places humanity at the heart of polling resource together for positive potential. His efforts in the promotion of social business enabled him to win the 2006 Nobel

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 Research Methods Online Discussions 1- response

[Institution’s Name]
 Research Methods Online Discussions 1- response
The cooperation of NHH with non -profit organisations is the essential requisite to cope with disasters with regular versified nature and scope due to changes in the structures of a fiscal climate, cultures and technological innovations. In reference to the illustrated example, the obvious position of NHH from the perception of support and coordination with NGOs is appreciable. However, the particular evidence to support the efficacy of the organisation can not be presented accurately due to the delicate nature of the scope of organisation. Perhaps, the empirical study evaluating the

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Section 1

There are several advantages of choosing a finance officer to the chief executive officer position. To begin with is the knowledge of the business the finance officer has concerned the company. In addition to the financial knowledge of the business, the financial officer understands how it functions at the executive level. Having he grasp of the company's financial picture, this enables him to implement the financial recommendations from the chief executive officers' position than in the financial officers' position.
Secondly, the chief financial officer has the understanding of running a business in a cost effective manner. Has the knowledge

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Management

“On March 13, 2014, we had the pleasure of having Mr. Däl B. Lee lecture us on ‘The importance of Lean in Systems Engineering.” Mr. Lee graduated in Mechanical Engineering and completed his Master’s in Systems Engineering from Loyola Marymount University in Los Angeles, California. While talking on the importance of Lean in systems engineering, Mr. Lee said that horizontal integration was an area that has been forgotten because of the shift in product specifications and responsibilities. In addition to this, Systems Engineers need to focus on developing a sound systems approach. To ensure a sound system,

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Analytical Framework

Section-A
There are two different companies which have been taken into consideration for the analysis and the names of the companies are Royal Dutch Shell and Endeavor International Corporation.

Net Present Value Analysis

Net present value (NPV) is a financial tool that is deemed as the difference between current value inflows and outflows. Generally, it is used for calculating budgeting to analyze the probability of an investment on any project that. It is required to analyze the NPV and IRR on the basis of two years like 2012 and 2013.
The NPV of Shell Plc. is -250,386 $ while it is, -1,006.83 $

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4.0 Literature Review

First point

4.1 The Role of Women Owned Businesses in Saudi Economy
The Kingdom of Saudi Arabia has embarked on an economic transformation program that seeks to transform Saudi Arabia’s resource-based economy into a knowledge-based economy. To accomplish this national objective, the country is leaning towards the development of a dynamic entrepreneurship sector, which is recognized worldwide as a key driver of economic growth and societal revitalization. Thus, the creation of new employment opportunities for Saudi Arabian nationals is a critical concern of the Saudi Arabian government. Government leaders believe that employment opportunities can be created in

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