Online Shopping versus Traditional Retail Store - 639 Words

Online Shopping vs. Traditional Retail Store One of the most debatable decisions for most Americans during the sale event or holiday is whether to shop or not to shop. Especially, when considering that some of the online shopping websites such as Amazon and eBay are established. To shop online or to shop in the store has become a more practical question. I used to be a traditional shopper, but I changed my mind sometime over years since I found that shopping online is much cheaper and more convenient than the traditional shopping, and it also provides more options. One point of interest is the expense of online shopping are much less than at retail stores. The prices are reduced due to the fact that there is no retailer to deal with, so online customers get nearer wholesale prices. On the other hand, retailers at most of the stores raise prices to cover building lease, storage, hiring employees, and overhead expenses. Moreover, the cost for owning an online website is lower than owning a retail store because they can maintained at home without any costs; consequently decreasing the products prices. Even though online shopping is not quite as cheap as buying at the sale event at a sales event but it is very reasonable. Additionally, online coupons offer more savings too, especially if people are members of those websites clubs. For example with Amazon.com, a person can save over fifty percent per book and with a special member card, he or she can save more than that. TheyShow MoreRelatedOnline Shopping And Traditional Shopping756 Words   |   4 PagesShopping can be enjoyable for some people; however, it can also be a burden for others. The preference of the shopper really determines whether or not they have a pleasant experience and the time to look for their items. There are many similarities as well as differences with online shopping and traditional shopping. The main factors that I will be discussing are convenience, discounts and item availability. Convenience is really a significant factor with both types of shopping. As of the 2011 TimeRead MoreLuxury Brand Experience In An Omni-Channel Setting With Strategic Online Visual Merchandising Analysis867 Words   |  4 PagesExperience in An Omni-Channel Setting with Strategic Online Visual Merchandising Introduction Over the past decade, the consumer has taken the lead in online brand perceptions and conceptualizations. Multi-channel business practices are becoming more adaptive with its fast-growing and evolving consumer market. It is essential that retailers in the 21st century acknowledge the success of multi-channel businesses. The function of multiple-channel retail, also commonly known as omni-channel, is to coordinateRead MoreOnline Shopping Versus Traditional Brick-and-Mortar Shopping1146 Words   |  5 PagesOnline Shopping Versus Traditional Brick-and-mortar Shopping Consumers are making purchases daily. There are a number of occasions and reasons prompting people to shop. Special occasions such as birthdays, anniversaries, and holidays all contribute to retail sales. Sustaining one’s daily life through purchase of food, clothing, personal hygiene products and cleaning products also contributes to the economy through commerce. How do most people like to shop? In recentRead MoreGeog1003 Final Project Essay1780 Words   |  8 PagesProject Is Online Shopping a Green Retail Option? Ho Yan Nok (3035108796) Abstract With technological advancements in recent decades, online shopping has become a more favorable business option than traditional shopping. Online shopping has successfully won customers over for its convenience as it allows consumers to browse, choose and order products from the comfort of their homes. Yet, environmental impact is seldom a topic of concern to most shoppers. Is online shopping better forRead MoreSwot Analysis Of Nordstrom1256 Words   |  6 Pagesadditional product lines by expanding into clothing[1]. Today, Nordstrom has annual revenues exceeding 14 billion dollars per year and operates three hundred and fifty seven stores in forty states. Although Nordstrom has experienced incredible success since their inception, the organization has realized declining sales in their retail stores. In order to combat a change in consumer spending habits, the organization has created a new strategic and personalized offering called Nordstrom Local. Nordstrom LocalRead MoreSwot Anal ysis Of Nordstrom1062 Words   |  5 Pagesadditional product lines by expanding into clothing[1]. Today, Nordstrom has annual revenues exceeding 14 billion dollars per year and operates three hundred and fifty seven stores in forty states. Although Nordstrom has experienced incredible success since their inception, the organization has realized declining sales in their retail stores. In order to combat a change in consumer spending habits, the organization has created a new strategic and personalized offering called Nordstrom Local. Nordstrom LocalRead MoreBusiness: Retailing and Low Price Guarantee959 Words   |  4 Pagesentire stores were changed to target each market segment. Address what approach toward winning a competitive advantage does Best Buy seem to be pursuing? One of the biggest challenge Best Buy is facing is the stiff competition from online retailers. Customers are able to buy the same quality product at a lower price from online retailers such as Amazon.com and Walmart.com. Facing the loss of retail sales to lower price offers from these retailers, Best Buy has adopted an aggressive online offeringRead MoreThe Army And Air Force Exchange Service1677 Words   |  7 Pages BACKGROUND Background: The Army and Air Force Exchange Service (AAFES) is a business with a history imbedded in the US Army and Air Force for over 120 years. AAFES initially started with a General order creating 46 stores for soldiers to use in 1895. AAFES has continued to grow and expand its influence throughout the last 120 years into a global business, with a direct mission to support the Soldiers, Airmen, Marines, and Sailors through their company’s mission and vision for the futureRead MoreBlack Friday And Its Effect On America904 Words   |  4 PagesSince the 1960s, consumers have been waking up during the early morning hours the day after Thanksgiving to score the lowest prices of the year. Black Friday kicks off the Christmas shopping season, with prices so low people get into physical fights in hopes of grabbing the last item. But has Black Friday ran its course? Many analyst seem to think that Black Friday will have very little importance in the upcoming years, and I w ould have to agree with them. Although I do believe that the weekendRead MoreTraditional Marketing vs. Online Marketing775 Words   |  3 PagesTraditional versus Online Marketing Traditional marketing (print, TV, radio, billboard, and direct mail) has always provided a means to attract new business and build brand identity (Greenberg, 2011). However, e-marketing programs are now an integral, cost-effective component of the overall marketing strategy of nearly every organization. Internet technologies allow organizations to cast a much wider net in reaching their target audience. Merchants can develop a deeper understanding of consumers

A Report On The Chinese Gross Domestic Product - 941 Words

ABSTRACT In financial matters, inflation is a supported increment in the general value level of products and 30 percent in all the nations that effectively diminished triple digit swellings in the 1980s. . Hypotheses of industrious swelling can be grouped into those that stress the profit represented as a wellspring of government fund and those that underline the expenses of completion inflation. Analyzing the sources and ingenuity of moderate variations.Recent scenario of variations or inflations were activated by thing value stuns and were brief; not very many finished in higher expansion. This article presents contextual representation of china. which includes the ill effects of moderate expansion and four that effectively moved down†¦show more content†¦The most critical issue is the conflicting nature in macroeconomic strategy detailing between the expansion related overabundance liquidity and extreme livelihood market. This paper examines the connection of coefficient and causa lity between the swelling rate and unemployment for the time . Shockingly, the exact demonstrated is ineffectual to discover a causal relationship between the swelling rate and unemployment rate in China. The complex financial nature of China biases the generalizability in China. The real relationship between the inflation rate and unemployment in China is further examined in this paper. Productive proposal towards this issue is given toward the end of this paper. China is confronting the inflationary weight from the value increase in crude material. Aside from that, the monetary extension in the course of recent years likewise blows up a few data elements, for example, work, land, assets, expense of capital and so forth. Accordingly, the monetary advancement in China is compelling power to the production of inflation. China is confronting a serious inflation issue originating from the hot cash; the Chinese government might apply its socialist summon to proper control. Further, the Chinese government does control real substantial underwriting organizations and all nearby banks in China. Profoundly centralization gives the Chinese government a

Swot Analysis Of Nike s Marketing Strategy - 1543 Words

Summary Diversification is one of the key components of corporate level strategy. It not only helps companies to spread their risks but also capitalizes their strengths. One of the epitomes of applying diversification strategy and being successful in diversification is Nike, Inc. This paper discusses Nike’s diversification strategies and how the company succeeds in using it. Along with corporate level strategy, this paper also touches upon the international strategy that Nike uses. Key Tie-Ins †¢ Diversification strategy †¢ International strategy Nike Diversification Strategy Upon first glance it is not very obvious that Nike employs diversification in their overall corporate strategy. The company not only diversifies in its product line†¦show more content†¦For starters, Nike enjoys a non-equity alliance with Apple as evident in the â€Å"Nike+iPod† partnership. Innovation is at the heart of this partnership. Both companies had a similar vision, which showed high probabilities for success in new markets and increased popularity for new and existing customers. This wireless system essentially allows Nike+ footwear to talk with iPods, which provides a unique and unmatched personal running or workout experience. It is safe to say that both Nike and Apple saw this strategic alliance as a way to exploit potential synergies Although the main revenue of the company comes from footwear products (which are over 60% through years), their additional products dominated a huge amount of the total sales of the company – especially apparel – which contributed nearly 30% to the company’s revenue. Source: company reports; eMarketer calculations https://retail-index.emarketer.com/company/data/54a3012c0596151820f9305e/54a301830596151820f93803/lfy/false/nike-by-product-category In each product line, Nike also invested a huge amount of money on RD to make products more sustainable and innovative. Nike products become more valuable not only in design and style, but also in their advanced quality which attracts the standard buyer in addition to professional athletes. Some of the most recently products of the company’s innovation is the introduction of Nike Air shoes which have two interdependent compressed air bagsShow MoreRelatedBusiness- How Key Elements of Marketting Achieve Success1105 Words   |  5 Pages2009). Marketing is a key element in the success of any business. The elements of marketing incorporate: situational analysis, market objectives, the target market and marketing strategies. Most marketing plans begin with an executive summary, providing a brief summary of the current issues affecting a business. It is crucial in identifying key features of a marketing plan. Following the executive summary a business finds out its current position in the market using a situational analysis. A situationalRead MoreNike Versus Adidas1190 Words   |  5 PagesNike versus Adidas As companies decided to dip into new markets, they develop a marketing plan, review external and internal contingencies and complete a SWOT analysis on their organization and competitors. Adidas is one of those companies that have completed this task as it prepares to fight against Nike to become the number one company in the market for footwear and sports apparel. With Adidas and Nike being in the same market they have similar external contingencies, yet different viewsRead MoreCompetitive Analysis Of Nike Vs. Nike1497 Words   |  6 PagesCompetitive Analysis The chief competitors to Nike are Adidas, Reebok, Under Armor and Puma and the minor competitors are ASICS and VANS. In accordance with Porter’s 5 Forces, Nike has faced competition by using different and distinct capabilities in marketing. One attribute to such capability is its value or benefit offered to its customers. The intensity of competition from its competitors is high for each firm competes in various key areas of business. For example, Adidas has loyal customers whoRead MoreEssay on Ratio and Financial Statement Analysis of Nike3025 Words   |  13 PagesRatio and Financial Statement Analysis Table of Contents Executive Summary.................................................................................................3 1. Nike History.............................................................................................................4 2. Nike Market Share: SWOT Analysis.......................................................................5 3. Nike Financial Report................................Read MoreMarketing Approaches of Nike and Li-Ning3148 Words   |  13 PagesMarketing approaches of Nike and Li-Ning 1.0 Introduction Mature marketing approaches bring companies considerable fortune, especially in such a competitive market. Therefore, marketing people play an essential role in planning, decision-making, market segmenting, targeting, pricing and positioning. In the following report, it will explore the marketing theory and practice of two products of two famous companies, the world’s largest sports goods company Nike and China’s popular sports brand Li-NingRead MoreSwot Analysis : Nike s Shoes1339 Words   |  6 PagesSWOT Analysis: The altered shoes have different qualities, shortcomings, opportunities, and dangers available. One of its qualities is embedded in Nike s piece of the pie. Questionably, Nike is the main games attire and Footwear Company and the main brand over the globe. Hence, it can effectively advertise the tennis shoes in its current business sector. Nike too has a set up worldwide conveyance channel (chain), solid business sector methodology, a pioneer in innovation and configuration and itRead MoreUnder Armour Case Study Analysis1292 Words   |  6 PagesUnder Armour Case Study Today s companies may struggle with developing and maintaining a strategy to ensure long-term success in the current global marketplace. Under Armour is no exception, they desire to challenge industry titans, Nike and Adidas, and seize market share in the demanding sports apparel arena. Explored in detail, Under Armour’s strategy through examination of the company’s history, mission, influences, and capabilities along with recommendations, based on a study by Arthur A. ThompsonRead MoreNikes Market Audit2227 Words   |  9 PagesTASK 2 a) ‘Marketing Audit’ as a crucial factor The marketing audit is a fundamental part of the marketing planning process. It is conducted not only at the beginning of the process, but also at a series of points during the implementation of the plan. The marketing audit considers both internal and external influences on marketing planning, as well as a review of the plan itself. Marketing Audit considers the basics of the marketing audit, and introduces a marketing audit checklist. The checklistRead MoreSwot Analysis : The Internal And External Environment Of A Firm1658 Words   |  7 Pages1. SWOT analysis is a technique to analyze the internal and external environment of a firm. What are its advantages and disadvantages? SWOT provides a useful starting point for improving firms and better positioning them for success. However, SWOT is a limited technique with at least 4 problems. First, SWOT may identify strengths, but these do not always translate into competitive advantages. To generate competitive advantages, firms have to understand the source of their strengths and focus resourcesRead MoreA Research Report On Nike1612 Words   |  7 Pagessituational analysis focuses on a world leading brand Nike. Firms undertake a situational analysis and planning process to identify and justify appropriate marketing opportunities for growth. This report provides an introduction to Nike with a background to the Company, its history and its product. This report also provides background data on the market, the product in more depth, its competition, the industry and the macro environment. A summary of the key findings from this situational analysis and a

Creativity in Literacy Practices - 2408 Words

Creativity in Literacy Practices: A TEXTUAL AND CONTEXTUAL APPROACH by Agatha Xaris Villa INTRODUCTION AT PRESENT, THERE ARE A NUMBER OF APPROACHES TO THE STUDY OF LINGUISTIC CREATIVITY. THEY DIFFER IN THE WAY THE WAY THAT THEY CONCEPTUALIZE WHAT COUNTS AS CREATIVENESS OR ‘LITERARINESS’ IN LANGUAGE AS WELL AS IN THE METHODS THEY USE TO IDENTIFY AND ANALYZE CREATIVITY IN EVERYDAY LANGUAGE. This essay begins by discussing and exploring the premises of an analysis of creativity at text level following a textual approach to literacy and creativity; assessing the extent to which it is effective in identify creativity in literacy practices such as diaries, letters and graffiti. However, I would like to continue by presenting the argument†¦show more content†¦A graffiti-covered wall may look like vandalism to law-enforcers or a rather threatening cacophony of ‘names’ to the common passerby but it constitutes a symbolic exchange between members of a sub-group. In the world of graffiti, tags located on the same space are often interpreted in relation to their positioning and proximity to each other. They may be viewed as a sign of respect, acknowledgement or outright disregard – a reflection of the intensely competitive nature of this practice. In addition to the collaborative nature of creative literary practices, the ethnographic approach pays careful attention to the influence of the context of reading and writing in the development of creative practices (Papen and Tusting, 2006, p.320). They argued that in any given opportunity, there is particular set of possibilities and constraints that provides the opportunity for creativity. This involves affordances (i.e., properties of the environment, arising from its material characteristics which may be positive or negative depending on the individual) from new forms of technology, discourse conventions as well as inter-textual and material resources available to producers of text. An important thing to note is while possibilities may determine what is possible in any given context, the possibilities associated with a setting doShow MoreRelatedCreativity in Literacy Practices2398 Words   |  10 PagesCreativity in Literacy Practices: A TEXTUAL AND CONTEXTUAL APPROACH by Agatha Xaris Villa INTRODUCTION AT PRESENT, THERE ARE A NUMBER OF APPROACHES TO THE STUDY OF LINGUISTIC CREATIVITY. THEY DIFFER IN THE WAY THE WAY THAT THEY CONCEPTUALIZE WHAT COUNTS AS CREATIVENESS OR ‘LITERARINESS’ IN LANGUAGE AS WELL AS IN THE METHODS THEY USE TO IDENTIFY AND ANALYZE CREATIVITY IN EVERYDAY LANGUAGE. This essay begins by discussing and exploring the premises of an analysis of creativity at textRead MoreLiteracy between the Past and the Present600 Words   |  3 Pages Literacy between the Past and the Present Name: Institution: â€Æ' Literacy between the Past and the Present Introduction The nature of literacy learning encompasses instructional techniques and pedagogy of literacy. These applications create a legacy of literacy and technology use in learning. They dominated the 20th century prompting the introduction inter-disciplinary work at the juncture created by scholarly projects and education. Over time the literacy evolvedRead MoreThe Article Learning Through Play : Portraits, Photoshop And Visual Literacy Practices `` Written By Michelle A1020 Words   |  5 PagesThrough Play: Portraits, Photoshop and Visual Literacy Practices† written by Michelle A. Honeyford and Karen Boyd,is about learning literacy through imaginative and visual play. The article gives a detailed look at an afterschool program that lets students learn about literacy while using creativity. Throughout this critique, areas of the article will be discussed that were successful and some that need improvement. One area of success is keeping creativity in education. But there should be a formalRead MoreEnglish Language Is Globally Important982 Words   |  4 Pagesglobal community - interaction of research and reflective practice for educational improvement - respect for diversity and multiculturalism Framework for 21st Century Learning 21st century interdisciplinary themes ï  ® ï  ® ï  ® ï  ® ï  ® ï  ® †¢ Global Awareness †¢ Financial, Economic, Business and Entrepreneurial Literacy †¢ Civic Literacy †¢ Health Literacy †¢ Environmental Literacy http://www.p21.org Learning and Innovation Skills †¢ Creativity and Innovation ï  ® †¢ Critical Thinking and Problem SolvingRead MoreHow Learning Areas Such As The Arts And Literacies Are Woven Into An Integrated Curriculum Essay1550 Words   |  7 Pages 1. Discuss how learning areas such as the arts and literacies are woven into an integrated curriculum, with reference to the Aotearoa New Zealand context and Te Whariki (Ministry of education, 1996). Arts and literacies are woven into an integrated curriculum giving children the ability to problem solve, communicate without language and express themselves in a verbal and non-verbal way. A child’s learning development is influenced by their communication with other children and adults, the environmentRead MoreOnline Collaborative Learning Group 25 ( Oclg25 )856 Words   |  4 Pagesamong group members through email, Facebook and the group forums resulted in a decision to combine a number of elements from each person to create a question that allowed the best opportunity for extensive inquiry. The chosen question: ‘Should creativity be the focal point for the future of education?’ could be debated contentiously, was thought provoking and provided no definitive answer. OLCG25 considered this an important question to contemplate as it reflects on the future of education, theRead MoreThe Importance Of Writing1034 Words   |  5 Pagesgrowth over the years and have pushed me towards success in the activities I am literate in. Literacy can come in many different hobbies or activities. For example, I am literate in playing soccer and playing the drums. These benefit each other and connect, because they both prove that practicing is key if someone wants to get better. It also shows that whoever is doing these activities need to practice certain skills to make sure that they are in perfect shape for when they need to use them. ThisRead MoreElements Of Being An Online Learner988 Words   |  4 Pagescommunication skills, although the practice of psychology will evolve with technology. Furthermore skills and attributes needed to be successful in the professional workforce are being guided by our transforming surroundings (Davies, Fidler, Gorbis, 2011). Meanwhile characteristics that were once valuable are changing. Bilisim Teknolojileri suggests the skills to aid success are, communication, media literacy, critical thinking, collaboration, information literacy and creativity (2011). Therefore communicationRea d MoreIn This Age Of High-Stakes Standardized Testing The Idea938 Words   |  4 PagesIn this age of high-stakes standardized testing the idea of creativity in the classroom has become less and less popular. Susan W. Cress and Daniel T. Holm present a compelling case study for keeping creativity in the classroom in â€Å"Creative Endeavors: Inspiring Creativity in a First Grade Classroom† published online April 1, 2015 in the Early Childhood Education Journal. Cress and Holm begin by examining the different introducing us to Ms. P and her class of first graders. They explain Ms. P’sRead MoreI Am A Teacher : An Assignment About Fatherhood After Watching By Deborah Brandt908 Words   |  4 Pages Deborah Brandt, professor and author of â€Å"Sponsors of Literacy,† has argued that people do not become literate on their own. People, places and everyday life influence how they shape a certain person based on what they re exposed to. For instance, my teacher shaped the way I write and her being at my institution which is school has shaped me into who I am. I ve become more creative and now I write from the heart. She taught us how to apply our writing to the real world and make a change. If

Week Two Supervision Homework Free Essays

Satisfied employees, however, refers to a feeling when they have completed a job or something that feels that they have done their job well. Either side of the argument will somehow make money, promotion and/or will get benefits. They’re closely related that job satisfaction can be a motivation and/or they do it for the money, promotion and/or benefits but their satisfaction will come naturally. We will write a custom essay sample on Week Two Supervision Homework or any similar topic only for you Order Now 2. Briefly discuss several specific actions that supervisors can take to improve employee motivation. No matter how big or small the company, motivating the team is really important to business. When people lose their motivation can create less productive, less of an asset to the business. Either way, employees’ motivation will affect the overall success in a company. Praising them when they’re doing well is probably the most common and most effective as a motivation factor. Providing opportunities for growth such as adding responsibilities or challenges. 3. Explain why many managers frequently raise the following questions: â€Å"Why didn’t you do what I told you to do? † Managers have higher position than the employees being managed. Therefore, they have the privilege to make decisions and to say something like â€Å"Why didn’t you do what I told you to do? † They are more experience and probably have the education to uphold the position. Since they are more experience and probably been there longer than the employees, they have gotten use to the methods they have been using. Some just don’t have the time to change the nature in workplace, why change something that is not broken. Or maybe because some managers has a superiority complex and thinks that the way he wants something done is the best way. 4. Discuss the following statement: Meanings are in people, not in words. This can be explained in a lot of ways but I believe that Meanings is a personal preference. Just like the bible, it can be interpreted differently from other religion and culture even though the words are exactly the same. Don’t assume people know what you mean when you tell them something. The meaning is something that will depend on their own experiences, what was learnt by others. People is what gives words meaning.. Hopefully that made any sense but this is how I believe it can actually interpreted. How to cite Week Two Supervision Homework, Papers

Aboriginal and Torres Strait Islander Health and Wellbeing

Question: Discuss about theAboriginal and Torres Strait Islander Health and Wellbeing. Answer: Introduction Health is not the absence of a malady or the physical completeness of an individual or the community as a whole.To a larger extend,it also involves mental ,economical and social well-being (WHO,2016). Its a multifaceted aspect of the community that is robustly concerned with peoples lives, mode of settlement, education, employment, religion and social justice (Australia Institute of Health and Welfare, 2014). It has been deduced that social soundness is a significant determinant of the health in a given society. For example, in Australia, it has been found that the existing social disadvantages have profoundly contributed to the ill-health of the indigenous people (Australia Institute of Health and Welfare ,2014). Proper and holistic strategies ought to be propounded in order to achieve universal health. Primary healthcare should be actively supported and strengthened. This is an evidence-based method which sees that healthcare is available to all through their full engagement at an affordable cost (Baum, 2015). In this way the community is empowered to manage its own health. Moreover, the entire process of coming up with health programs and plans should be enormously inclusive. The indigenous people or their representatives should be actively involved in the institution of any health program or project (Baum, 2015). This will significantly catapult the health seeking behaviour of those w ho feel disadvantaged thus enhancing the wellness of the community. In addition, the cultural sensitiveness should be intensely adhered to. While discharging health services, the health personnel should acquaint to and respect the culture of the natives (Deferranti, 2013). Moreover, to curb this menace, there must a collaborative approach involving various stakeholders such the government, the health docket and the representatives representing the perceived disadvantaged population. This will focus on addressing social disadvantages that robustly contribute to ill-health. These include unemployment, education, inadequate and contaminated water and alcohol and drugs (Australia Institute of Health and Well-being, 2014). Furthermore, the organization should come up with educational and counseling services. This will be geared towards enhancing emotional well-being. This involves educating the population on hazards that impact them such as drugs and alcohol (Australia Institute of Healt h and Welfare, 2014). To effectively engineer and execute the proposed strategies, one should possess and depict the following qualities; sound knowledge base culminates to effective primary healthcare and patient teaching besides ensuring flexibility and open mindedness to enable one to accommodate, respect and appreciate diverse cultures during the discharge of healthcare (Council of Primary Health Care Nurse Practitioner ,2012). In addition, to work appropriately in this environment, one ought to be ready to listen to clients in order to provide patient-centered care. Individuals choices and concerns should be incorporated and addressed during the plan of care (Davis, Birks and Chapman, 2015) Cultural safety is where theres physical, spiritual, social and emotional tranquillity in conjunction with the upholding of peoples identity, respect and needs. This aspect should be highly promoted to ensure effective and inclusive health care delivery. The following should be put into consideration to ensure the discharge of a culturally safe health care. The health practitioner should make sure that he /she discharges healthcare in the manner that people recognize and want. People should believe that health care is provided in a dignified manner and that they have choices to make pertaining their health and lives. In addition, in the case of localities where there is a language barrier or improper mastery of local language, language support and translation should be available. This will ensure that there is a manner of understanding of beliefs about health and disease. This will make the community view the health setting as a culturally safe environment (Taylor Guerin, 2013). Furthermore, those discharging health care should thoroughly scrutinize their own cultural identities, attitudes, and flexibility in their attitudes towards people from different cultures. In addition, they should endeavour to see that their actions during the discharge of care recognize and pay courtesy to the cultural identities of others besides safely meeting their needs,expectations and rights (Burgess, 2013). The most challenges one is likely to encounter are ethical dillema ,lack of adequate resources to implement the primary healthcare programs and lack of cooperation from the native population (Davis,Birks Chapman, 2015).Fortunately ,the possibillities of these challenges occuring have been enormously reduced.This is as a result of the government and other stakeholders pumping resources and involving the natives in all matters concerning their health and lives.This has promoted trust thus enhancing cooperation (Burgess, 2013). Closing the gap alludes to the commitment of the Australian government to address the existing inqualities between the natives and alien Australians (Australia Institute of Health and Welfare, 2014). This includes rising mortality rate, poor sanitation and high disease burden, wanting education and unemployment. Statistics illustrate that the aboriginal people have the poorest access to primary health care. This is depicted by a high burden of potentially preventable hospitalizations (Taylor Guerin, 2013). The institution of primary health care program is really paramount as this will skyrocket the access to essential health services as other Australians. This program will also avert the diseases from occurring in the first place or detect them as early as possible thus preventing them from progressing to chronic levels. Furthermore, cultural awareness is quite imperative. There is a strong correlation between culture and emotional, physical and spiritual wellbeing. Cultural sensitiv ity and mastery by those mandated in coming up with policies and those executing government programs, the abolishing of any form of discrimination and coming up with programs that accommodate and meet the cultural expectations of the people are enormously critical in zeroing the existing disparities. In addition, proper collaboration with the indigenous population can have far-reaching effects in curbing this menace. The coming up of aboriginal committee controlled health services has culminated in the establishment of the aboriginal and Torres Strait Islanders steering committee. This will address and focus on specific native health priorities and thus improve health outcomes. Lastly, according to (Fisch Mage, 2015), education is the genesis of hope and prosperity which can ultimately result in remedying other disadvantages For instance, it has been found that at higher scales of education, theres is almost no employment disparities between the indigenous and non-indigenous Austral ians (Ojeda, 2012). Cultural safety came into being in the 1980s and 1990s.It was propounded to see that there is respect and no harm on individuals identity. It entails developing strategies in the areas of service delivery to create forums for the service dischargers to enable them to come up with and appreciate cultural diversity (Grezon Conrad, 2013). The culturally sensitive interventions and programs will go in great depth in ensuring individual empowerment. This will further enhance efficient and effective service delivery as the indigenous will perceive the vicinity as a cultural safe place. Self-determination is the act of transferring a decision-making power from a sole decision maker such as the government to the indigenous population (Fisch Mage, 2015). It also encompasses actively being involved in policies and program formulations and providing services from the cultural perspectives. Self-determination can be a crucial aspect in achieving profound and sustained improvements in social and economic status of the indigenous people as they are able to determine their own economic, social and cultural development (Fisch Mage, 2015). Nevertheless, it should be strongly emphasized that self-determination isnt synonymous to sessions from the state. The government of Australia and private sectors have propounded a number of strategies in an attempt to dismantle the existing disparities between the indigenous and non-indigenous people. But all this will be futile without proper engagement of the native population. Collaboration entails inclusivity in decision-making and in the development of programs and plans. It also involves the partnership of various stakeholders who participate in foreseeing the welfare of the aboriginals in achieving the common goal (Davis, Birks Chapman, 2015) Reference List Australian Institute of Health and Welfare, 2014, Australia's health 2014: the 14th biennial welfare report of the Australian Institute of Health and Welfare. Baum, F 2015, The New Public Health, Oxford university press, South Melbourne Burgess, P 2008 Beyond the Mainstream, Health Gains in Remote Aboriginal, Wollongong press, Aldade Council of Primary Health Care Nurse Practitioners (American Nurses Association) 2012, The scope of practice of the primary health care nurse practitioner, American Nurses Association, Kansas City Davis, J., Birks, M. Chapman, Y 2015, Inclusive practice for health professionals, Pan Macmillan Australia, Sydney Deferranti, D, M 2013, Closing the gap in education and health, Elsevier, Washington D.C. Fisch, J, Mage, A 2015, The right of self-determination of peoples, Elsievier,Sydney Gezon, L and Conrad, P 2013, Culture, McGraw-Hill, New York Ojeda, A 2012, Health Determinants, Thomson/Gale,San Diego. Taylor, K. Guerin, P 2013, Health care and indigenous Australians: cultural safety in practice,Palgrave Macmillan, South Yarra.

The Strategy Framework Of Knowledge Management Commerce Essay Example For Students

The Strategy Framework Of Knowledge Management Commerce Essay Knowledge Management is a scheme, model or system designed to assist organisations make, gaining control, analyze, use, and recycle knowledgeA to accomplish competitory advantage. ( ) A cardinal facet of Knowledge Management is that cognition within an organisation is treated as a cardinal plus. A simple phrase that encapsulates a nucleus facet of Knowledge Management isA acquiring the right cognition to the right people at the right clip in the right format . ( ) KMS systems trade with information ( although Knowledge Management as a subject may widen beyond the information centric facet of any system ) so they are a category of information system and may construct on, or use other information beginnings. Bharti Airtel was the first one to supply nomadic services in the private sector. It besides provided cyberspace and telephone services in 92 metropoliss. Bharti Airtel won the award for Best Knowledge Management at the MIS Asia IT acme 2006, which reflects the company s robust efficiency in retaining, alining and using the information engineering. ( Indian telecasting intelligence ) In India the Telecom Industry is really complex. It requires a big figure of Service Providers, plenty trained Manpower, Local, Regional and Global changing fluctuations and of all time altering environment. ( ) This brings many challenges to the company for the consumers which they have to carry through. KM is non specified to any specific job and it s an umbrella which covers all the sections of an organisation. ( ) Airtel was one of those company s which realised the importance of cognition direction at an early phase, which helped it turn and value its most of import plus. The following provides a survey about Airtel and its cognition direction. Outline1 Question no.1: BUSINESS OBJECTIVES AND STRATEGIES2 Airtel Business Aims3 PORTER S GENERIC COMPETITIVE STRATEGIES4 Cost Leadership Strategy5 Focus Strategy6 Differentiation Scheme7 Hyper-Competition8 Co-opetition9 Question no. 2: Current Knowledge Management Strategies10 APQC STRATEGY ( AMERICAN PRODUCTIVITY AND QUALITY CENTER )11 Customer Focused Knowledge Strategy-12 Knowledge Transfer Strategy-13 Personal Knowledge Asset Responsibility Strategy-14 Knowledge Strategy as Business Strategy-15 Knowledge Creation Strategy-16 Intellectual Asset Management Strategy-17 How make these schemes help achieve concern aims18 Question no. 3: Challenges Faced by Bharti Airtel19 Business CHALLENGES20 Rivals21 Pricing22 Staff keeping23 Adaptation24 Customer trueness25 KNOWLEDGE MANAGEMENT CHALLENGES26 Aligning KM with Organizational Goals:27 Application of KM Models in existent pattern:28 3. Non Awareness of the construct Knowledge Management29 4. Competition within the organisation leads t o failure of KM schemes30 Question no. 4: Recommendations for utilizing KM to run into these challenges31 Rivals32 Pricing33 Staff Retention34 4. Associating Knowledge Management to Business Aims35 Aggressive Ad36 6. More Impetus on Research and Development37 7. Cohesive and Coordinated Approach to Decentralization38 Decision39 Appendixs Question no.1: BUSINESS OBJECTIVES AND STRATEGIES Airtel Business Aims The company is formed of four strategic concern units Mobile, Digital Television, Enterprise and Telemedia. The former concern provides services in India, Sri Lanka and Bangladesh. The Telemedia concern offers broadband, IPTV and telephone services in 89 Indian metropoliss. The Digital Television concern provides DTH Television services across India ( Airtel, 2010 ) . The aim of Airtel is to supply end-to-end telecom solutions to its corporate clients nationally every bit good as internationally long distance services to Telco s. Airtel has achieved specialisation in offering customized solutions to turn to alone demands and demands of different industry ; IT, instruction, media, Manufacturing and distribution, telecom, Government and retails etc. ( Airtel, 2010 ) . Due to Airtel s co-opetion with taking engineering companies all around the universe and substructure, it presents full scope of telecom solutions. These solutions enable corporate to web their offices nationally and worldwide, give them substructure to run of import concern applications and offer them ways to bond with their consumers and employees ( Airtel, 2010 ) . PORTER S GENERIC COMPETITIVE STRATEGIES Cost Leadership Strategy Many clients have high outlooks for buying at lower monetary value, goods and services. A Number of houses engage themselves in activities which allow them to prosecute low cost of production than its rivals and consequences in cost leading in an industry ( Hitt et al. , 2009 ) . Airtel has addition cost leading by pull offing its procedures and resources expeditiously and efficaciously. It has successfully offered its merchandises and services at lower monetary values by conveying down its operational costs. Due to the net income borders being greater or the addition in gross revenues volume, Airtel has besides earned higher net incomes. The Cost Leadership Strategies for Airtel works great during a monetary value war in the industry. Due to it s Low Price Strategy, the house has acquired net incomes compared to the rivals ( MTNL, Idea, Tata, RCOM ) , which are bound to do losingss ( Rediff Moneywiz, 2010 ) . Focus Strategy Firm chooses Focus Strategy when they intend to utilize their nucleus competences to function demands of a peculiar section of the industry instead than the full market. This peculiar section can be either a peculiar purchaser group, or different section of a merchandise line, or a different geographic market. This consequences to client s trueness to the house and hence new rival is resisted to come in in that country ( Hitt et al. , 2009 ) . Airtel s focal point scheme is to concentrate on the clients with the monthly charge of land line more than Rs 10000 ( gt ; S $ 285 ) . Airtel can besides offer its service to a specific geographic country. Differentiation Scheme A company which adopts Differentiation Strategy needs to hold sufficient ability and accomplishments, so that they can distinguish their merchandise from the rivals and influences the clients to pay a premium monetary value. These properties can be superior merchandise quality, merchandise itself, the bringing system or the market attack. Aim is to make trade name trueness towards clients ( Eldring, 2009 ) . Due to this Strategy, many houses have successfully accessed advanced scientific research, a high degree of skilled labor force, and effectual client communicating schemes, etc. Airtel offers free digital EPABX with free leased lines ( no connectivity charges ) . Therefore the house provides newest EPABX to the client which costs approx Rs 50,000 ( ~S $ 1430 ) . ( APPENDIX 1 ) Hyper-Competition Bharti Airtel has been able to accomplish dominant leading place in the market with an RMS of 33 % which is good in front of the closest operator, chiefly due to concentrating on development of its planetary portfolio of services and webs. If any rival wants to be on the top of conference, it has to confront some of the of import factors like increase their international range, right investings in the planetary overseas telegram systems every bit good as enlargement of international points of presence ( PoPs ) and interconnects with the international bearers. Airtel merely did that ( Voice A ; Data, 2010 ) . Apart from this, Airtel emphasised on making direct interconnects and relationships with international operators. It has signed over 400 interconnect understandings boulder clay day of the month for these direct interconnects. Milan Rao, CEO, planetary voice, Bharti Airtel says, Despite the hyper-competition in the Indian sweeping market in the last two old ages, Airtel has emerged as a dominant leader in both NLD and ILD infinite. With our investings in domestic and international webs, planetary PoPs, strategic interconnects and state-of-the-art service bringing platforms, we are now poised to widen this leading to the planetary market ( Voice A ; Data, 2010 ) . The authorities of India has taken major enterprises to liberalise the NLD and ILD licences to increase the growing of the IT and BPO services in the state which will take to more competition and force operators to concentrate on the QoS. This will do non merely Bharti Airtel, but all the operators to increase their investing to guarantee 100 % QoS to retain clients ( Voice A ; Data, 2010 ) . Co-opetition Co-opetition is the impression of at the same time winning in competition and cooperation within your market. This can efficaciously increase the broader market for everyone. Small houses can more readily profit from co-opetition since the understandings can be easy, and little spouses can turn faster than the big 1s due to laziness and bureaucratism created by size. ( APPENDIX 2 ) Bharti Airtel has been a regular follower of co-opetition. Few of the many stakeholders of Bharti Airtel are Sony-Ericsson, Nokia and Sing Tel, keeping a strategic confederation. This means that Airtel has the entree to knowledge and engineering from different parts of the telecommunications universe. The co-opetition with Google develops the trade name, and besides gives Promotioning chances in India for Google. Now, iPhone will be introduced in India via distributorship of Airtel. Another illustration of Co-opetition is partnership held with BlackBerry Wireless Solutions. Bharti Airtel is broadening with another partnership with Vodafone Essar and Idea Cellular to do a trade name new crowned head tower house called Indus Towers ( Wireless Federation, 2010 ) . This new venture will take over more than 60 % of India s web towers. Bharti Airtel has besides reportedly entered into strategic concern confederation with Cisco to help the growing of Indian endeavors ( Airtel, 2010 ) . In June 2010, the company teamed up with Taiwan-based Smartphone maker HTC Corporation to establish India s first Android powered nomadic phone the HTC Magic ( Airtel, 2010 ) . Bharti Airtel Ltd. will spouse with Ericsson and Huawei to spread out and pull off its nomadic web in Bangladesh ( Comm, 2010 ) . People in general consider traveling as their pers EssayThe KM directors at Airtel must guarantee that the issue of associating KM to concern consequences is addressed by finding the intent of KM. They should mensurate the public presentation by all agencies so as to do certain that the KM schemes implemented are functioning the intent and taking the concern towards a coveted way. Application of KM Models in existent pattern: Despite of the fact, that bharti Airtel has separate platforms like Bharti larning systems and Centum larning systems for seting cognition direction construct into pattern, it is clearly seeable that there is a batch of spread between the purpose and the existent pattern. The employees find it hard to set the acquired cognition direction tacts into usage. It creates a confusion between the concern and cognition direction schemes and therefore, the whole intent of KM is lost. The company should do certain that each person in the company can distinguish between a concern and a KM scheme, for this, the company should include presentation of the application of KM schemes, may be through on the Job preparation methods. E.g. Airtel has besides confronting a new challenge from its rivals and has deficiency of pull offing the cognition and engineering can be seen when its rivals have launched 3G, Airtel has failed to use its resources efficaciously. 3. Non Awareness of the construct Knowledge Management Carrying cognition workers to make, portion and use cognition is a really ambitious undertaking in airtel. This construct is really new to the employees in the organisation so it will take some clip for the employees to acquire used to it. Mere deployment of engineerings at appropriate topographic points is non plenty, a good country of research so, is to redesign the cognition work processes or modify them so that they channel the flow of cognition in the right way. Airtel should hold some experts in the field of cognition direction so that they can excite people in organisation to make, portion or use cognition. 4. Competition within the organisation leads to failure of KM schemes Internal Competition within the employees of the organisation leads to failure of cognition direction schemes such as cognition transportation, the employees do non desire to portion information or accomplishments with each other in order to hold an border over one another. Sometimes, they do nt portion information because of deficiency of trust or clip excessively. This leads to stagnant cognition which finally is of no usage since the company runs as a squad and non by an person. ( APPENDIX 3 ) Question no. 4: Recommendations for utilizing KM to run into these challenges Rivals Airtel in order to travel in front of its Rivals must get down Owning its Towers, so that they can non merely supply Wide Coverage Nationally but besides bring down their Costss and have advantage over their Rivals. The KM Team needs to Survey and happen out the Markets where their Customer Base is Strong and urge to the Management to hold their Own Towers in those Locations to give Customer the Best Service to remain in front of Competition. ( Airtel one-year study 2009 ) Pricing Airtel in Order to go a Global Leader must hold a Competitive Pricing Policy in topographic point to travel in front of Competition. They need to be abreast with the Plans / Offers offered by Competition. They should non wait for Competition to denote their Offer and Slash Prices based on their Offers. Through usage of Knowledge Management, they should follow the Module of Earning per Minute alternatively of Net incomes per Customer and by which they can get at their Costss and consequently Price their Merchandises lower than their Rivals. ( www.airtel.com ) Staff Retention Airtel were one of the Pioneers in Mobile Telephony. When they started they had no Dearth of Talent, as they were one of the first market participants. They could model their Employees the the Airtel manner. As more participants started emerging in the Market the Demand for their Staff increased. All new participants wanted to understand the Airtel Mantra and started poaching Airtel Employees. Inorder to keep a Higher Retention Rate, the Knowledge Management Team should hold Strong Work Ethics inculcated in their Employees, Good Soft Skills Training to the Key Personnel. The Best manner to hold Higher Staff Retention was by holding the HIGHEST SALARY in the Industry, so that Competition can non afford them anymore. ( World Wide Web. knowldege business.com ) 4. Associating Knowledge Management to Business Aims Airtel needs to increase Customer Satisfaction and supply a consistent Good Customer Experience. The Number of Customers which Airtel is providing is really high so, they besides need to hold the Infrastructure to Cater to their Large Base Of Customers. The KM squad at Airtel should carry on a elaborate treatment with their functional caputs on their Vision of Customer Satisfaction and Customer Experience s. These elaborate treatments will take them to set up a few critical parametric quantities, which can be derived from Critical Customer-Impacting Business Processes. The purpose should be a decrease in public presentation fluctuation across parts, we should trust to accomplish by rapidly retroflexing best patterns. Reproduction of proven good patterns from within or outside the organisation is ever faster than get downing from abrasion. Capturing, Sharing and Replicating will besides guarantee the Institutionalization of best patterns: Individual Knowledge can be converted into Organizational Knowledge, which can be re-used at subsequently phase. Naturally, this will besides cut down the Organization depending on peculiar Individual Employee. Aggressive Ad Airtel should concentrate on their advertizement in a specific manner through KM, while aiming the consumer they should be really specific which section of the consumer they want to aim, the current market mark of Airtel is Generic in nature, which does non clearly speak whom are they aiming. They should be specific to Gender and most of import Age. Their rival Vodaphone have done really good in last few old ages because they have targeted the immature crowd in the market which has given them fantastic consequences. When aiming a Younger Audience their Ad should be Young in Nature so that the Particular Age Group is able to associate themselves to the Advertisement. 6. More Impetus on Research and Development Airtel is good celebrated Telecommunication Company in India, and should invariably endeavor to make more Market Research to Update their Technologies, Promotion, Targeting consumer in the market. Airtel is passing comparatively low in R A ; D when compared to its rivals which itself is a large reverse for them, even though Airtel is the Market Leader in most of the Circles they are present in. 7. Cohesive and Coordinated Approach to Decentralization Execution of Billing and Order Management Systems and High-Quality Customer Service was a comparatively straightforward component of the solution. While the Comverse Kenan systems were in topographic point to run Airtel s full concern utilizing a Two-Instances Charge and order Management platform for Postpaid and Wireline Business, De-Centralization made the Operations and Optimization of these System more Challenging. Under India ordinance, each circle was basically a separate Business Entity with Distinct Business Owners, therefore opening the door for Competing, and/or Redundant Processes. To back up this De-Centralized Organization, Airtel needs to deploy a Cohesive and Coordinated attack to Operating its Systems. Another challenge is to guarantee the Operator s Longer-Term Autonomy by constructing a theoretical account that would non trust on Third Parties for Support. ( Comverse-making web stronger ) Decision Information cognition Management System is the Backbone of an Organization. It must be integrated with all the Departments, so that the cognition can be transferred between the employees and from External Beginnings like Third Party and Rest of the World. More investings can be made in the Research and Development to develop New Technology and merchandises as per the demands of the clients. New engineering can be implemented in the bing merchandises to efficiently cut cost than developing new products.The Billing Software needs to be improved from clip to clip to do it Consumer Friendly and besides at the minute Each Circle is a Different Entity and when Government of India decides to unify all the Circles as one, the Software should be available to implement the same. New Software should besides turn to to understate the Number of Billing Cycles for the Consumer within assorted Circles. The proposed Information Knowledge Management tools can profit the organisation. Trust can be developed from the Customers and Employees if they satisfy the demands of the Customers. Consumers are concentrating more on Customer delight so merely Customer Service in the Present Day and Age. Its really of import to do them experience particular, when it comes to Telecommunication Industry. It is the right clip for Airtel to do a move and do their CRM stronger. The Professional Services Team must run into all the Challenges and Goals by flexibly turn toing Unique Operator needs. The enforced services facilitate Revenue Growth and construct trueness by supplying users with Choice, Convenience and Control. The Gross saless and Marketing Teams need to Develop Schemes to significantly better Airtel s competitory advantage at small to no extra cost by utilizing tools such as Rate Plans, Discounts, Payments, and Revenue. All this will make Loyalty among Consumers for Airtel with Choice, Convinience and Control. Appendixs APENDIX 1 APPENDIX 2 APPENDIX 3 ( Beginning: Managing cognition in project-based organisations: A cultural perspectiveA By Mian M. Ajmal )