P5 Explain how internet marketing has made a selected business more efficient, effective and successful. The opportunities for business efficiency based on the increasing availability of the web technology which gives Perfect Paints all kinds of opportunities to speed up the interactions with both suppliers and customers. Therefore this can lead to a number of efficiencies. Firstly, the supply chain efficiencies is when a business will always be both a buyer and a seller, buying products from other businesses, buying product from others and selling to others or private consumers. A company like Perfect Paints has to buy the materials it used before it can sell finished products.
Threat of New Entrants: (“The high quality labor intensive creative and technological excellence, was difficult to scale due to scarce talent in marketplace and conflicting client needs”, p.1, para 2). From the above statement, it would be fair to infer that in the digital marketing industry (particularly in case of HUGE), economies of scale is nonexistent. Hence, there is no cost advantage that comes with volume. There are however a few barriers to entry for new entrants because of the “network effects”. (“JetBlue put Huge on the map and increased its credibility as a partner for larger business issues”, p.6, para 3).
a) E-commerce and the Internet Customers can make the orders online at any point and any time through E-Commerce and the internet. After the inception of E –Commerce the customer’s shopping model changed a lot. most of the internet applications today are so effective that they can actually be integrated with the existing databases to provide sales and customer demand information at different stages of the supply chain. This advancement in technology definitely helps in alleviating the bullwhip effect since the upstream stages of the supply chain can plan and have an idea of the changes in customer demand for a product. All the stages in the supply chain can make effective and efficient decisions, to involve in similar inventory polices and planning activities so that the whole supply chain can be optimized rather than any sequence.
First, offering to purchase on the website will gain more attention from customers because of the convenience of time. Time plays a huge role in customer’s experience, for that reason customers will gain the easy of buying products online at Kudler Fine Foods. Additionally, KFF can advertise the unique products and services offered added to having customers enjoy the benefit of shopping online. For instance, coupons, weekly specials, gift cards are some of the incentives that the website can offer to attract more customers’ trough the website and increase revenue. In conclusion, Kudler Fine Foods needs an effective management team to operate successfully at their best ability by allowing them to implement their knowledge and skills to improve productivity around the business.
Using the high speed internet and Sysco’s online ordering system, time pouring over stocked products and needed products can be greatly reduced. Management will be able to communicate with customers through the interactive online store. In conclusion, Club IT is successful and with the implementation of ideas and software. The club can be perpetually successful. Solving these major problems for the club through incorporating an ERP, CRM and SCM software infrastructure will allow the company more time and money to focus on the other areas to keep Page
During the first half of the XXth century, Philips built National Organizations (NOs) throughout the globe and relied heavily on the strengths of each of them, giving them independence and power to react to market conditions, built their own technical capabilities and define their product development strategies. Philips had a Decentralized Federation structure where each NO managed its own resources, with a high level of innovation in products and self-sufficiency, but with poor managerial controls as the centralized ‘Product Divisions’ didn’t have as much power as each individual NO, which made relations complex in this organizational matrix. Since the 1970’s, Philips have made several attempts to reconfigure the way the company is structured in order to be more competitive in a market where all its competitors had more cost-efficient operations. Seven
Technology and communication go hand and hand these days. Technology provides instant communication at your finger tips. Using technology can keep you in touch with people across the globe and make it seem like they are sitting right beside you, it is fast and saves time and money. Working in the business world you need to know how to use technology like; the web, e-mails, word processing, PowerPoint and many others. Customer satisfaction is on the rise in the workplace, having good customer satisfaction will help you do more business.
Sony have been able to introduce innovative products that customer didn’t really think they need, but that have become a huge success when adopted by the consumers. This has further contributed to Sony’s great customer loyalty. Since Sony operates in many different product categories and reach out to a lot of different customer segments, this contributes to them having a lot of competitors as well. Although remaining a force to be reckoned with within the electronics sector, they have lost their leadership position to some of their competitors. Companies like Apple, who are ranked 1st as the most valuable brand in the world, could become a direct competitor if they expand their product line.
Computer-Mediated Communication November 28, 2011 BMG 210 Organizational Behavior Evaluation_____ Computer-Mediated Communication: From Facebook to Twitter, from email to e-meetings, from texting to streaming video, information technology is the driving force behind our personal and business life. Advances in information technology have allowed for the immediate exchange of information across geographical boundaries and times zones once impossible. This exchange of information or any communication that occurs between two or more networked computers is known as Computer-Mediated Communication (CMC). Indeed these advances have benefitted many people throughout the world, but they also changed the face of communication forever. Generally CMC is impersonal in nature and results in participants becoming uninhibited in their communications.
An effective quality assurance system for online education Abstract Over the past decades, online education has become a more popular educational method by offering a new learning environment for students. With the rapid development of online education, educators start to realize that how to assure quality of online education has become an unavoidable problem. Firstly, a flexible and reliable Learning Management System is the basis; it is able to stimulate and activate students’ interests so that they acquire knowledge and skills much more actively and efficiently. Secondly, a well informed and trained instructor with a flexible contract is a key; it makes high quality online courses and universities can inspire qualified teaching stuff by providing flexible contract. Finally, a well educated and skilled student was evaluated reasonably by self, peer and professors is an influencing factor; it enables to students understand their overall academic performance so that they make consistent improvement.