Friday, October 18, 2019
Ebay Essay Example | Topics and Well Written Essays - 500 words
Ebay - Essay Example However, other issues were still seen like the one-sided feedback system favorable to buyers only. Other online options for businesses also competed with the eBay. Amazon also emerged as one of its major competitors. Other issues which the company faced included fewer consumer-friendly payment features for eBay as compared to Amazon; presence of counterfeit merchandise; and bad management choices all. SWOT Analysis Strengths eBay is the world largest online auction websites and it was the first company that came up with the idea of online auction. And because of its unique way of trading, eBay has given the chance for buyers and sellers from all over the world to buy and sell items by going online and without having them to meet up. Diversifying has become one of the major components for eBay. Not only it diversified its products, but eBay also diversified its target markets from, individuals to small or big companies. Moreover, from the past couple of years, eBay did some acquisitio ns over some other companies, such as, PayPal, StubHub, and Skype. With all of these acquisitions, it made eBay as a bigger and better company, and one of the big successes of these acquisitions was with PayPal.
Compare and contrast skinner and moore's different views Essay
Compare and contrast skinner and moore's different views - Essay Example So experiment and observation, highly empirical they are, but would therefore make sense. It is only through doing these based on Skinnerââ¬â¢s point that we could understand when a certain thing happens, another thing should follow. This means things we see now are results of something happen, so there must something happening before we see things as they are. This means further that an internal psychological state exists only then that we could exactly determine it, but based on Skinnerââ¬â¢s claim we could be certain it certainly does exist. Thus, Skinner is compelled to believe we have no free will, because there is ââ¬Å"technologyâ⬠of human behavior that controls us, and there are forces around us that cause us to create our choice or determine our behavior. Based on these, Skinner has two conflicting views: we have no control over our actions; we ought to behave in a certain way, which only implies we have choices to make, so at some point we are given the chance to control our actions. Determinism at this case seems to become incompatible with ethics, as Skinner believes forces around could either shape people as good or something else. Mooreââ¬â¢s soft determinism According to Mooreââ¬â¢s point of view influenced by soft determinism, hard determinism of Skinner seems to be incompatible with ethics as it could be claimed people may not be held responsible for their actions. Moore believes that a person without free will has no moral obligations. So in Mooreââ¬â¢s point of view, Skinner must be denying something intuitive. As Moore would want to point out, the word ââ¬Å"couldâ⬠only implies we really have choices to take. That is, an able person seeing somebody drowning could either save that person or not under certain circumstance. For Moore it is morally right to save life, as this is what the moral society dictates. However, a person could also choose not to save someone elseââ¬â¢s life and accept what the moral societ y will have to say as a result of such action. Here where Moore clearly wants to point out people have free will. Everyone ââ¬Å"couldâ⬠choose to do things, so we are left with choices. Analysis It is clear on the point of Skinner that external forces are the ones creating our choices. So Skinner is convinced there is no way we could have free will because forces around us have already predetermined our actions. At this point, Mooreââ¬â¢s claim that we have free will cannot be compatible with the idea that we could choose for ourselves choices to take as they are already predetermined. If Skinnerââ¬â¢s point is right, much better than Mooreââ¬â¢s, then the two of them might be arguing something that did not exist at all and significantly undetermined. We have therefore to note that Skinner and Moore are trying to believe in the premise that ââ¬Å"everything always being caused,â⬠which is the very idea of determinism. This means everything we do is predetermine d. Mooreââ¬â¢s claim could therefore create a point if free will, based on Skinnerââ¬â¢s point of view is something that exists and a strong influential force that could determine choices or actions of people. However, if free will is something that is also predetermined, then it could create certain actions, which according to Skinner must be predetermined as well. In this case, it is relevant and valid when Skinner would claim external forces
REWARD SYSTEM- CASE STUDY Essay Example | Topics and Well Written Essays - 3000 words
REWARD SYSTEM- CASE STUDY - Essay Example 1.3 Pay. The basic rate for regular employees is à £14,000. A bonus system is in place which is commensurate to the call handlerââ¬â¢s efforts in terms of (a) number of calls taken, and (b) informal assessment by supervisors on the quality of customers relations in sampled calls. So far it has ranged from 0 to à £8,000, averaging at à £1,300. Bonuses are paid out every three months. 1.5 Commission. The chief executive has commissioned a study to be made on an appropriate rewards system that would resolve the aforementioned problems, while at the same time matching the organisationââ¬â¢s key competencies, namely From the case situation given, there appears to be prima facie dissatisfaction with the rewards system of Chalmers pertaining to their call handlers, and the way the rewards system is being administered. However, this may be misleading as all allegations of unfairness and poor pay come solely from the handlers, which may be a biased perception. At present, there is no agreed, specific definition of a call centre. The University of Sheffield, commissioned to create a study of the industry for the Health and Safety Executive (HSE), formulated a working definition of a ââ¬Å"call centreâ⬠as ââ¬Å"a work environment in which the main business is conducted via a telephone whilst simultaneously using display screen equipment (DSE). The term call centre includes parts of companies dedicated to this activity, such as internal help lines as well as whole companies.â⬠(Sprigg, Smith & Jackson, 2003). An alternative name for this type of business firm is the ââ¬Å"contact centreâ⬠which is described as ââ¬Å"a business unit with responsibility for communicating directly with customers, either proactively to initiate sales, or reactively in order to respond to specific needs or enquiries. Contact centres are used extensively across both the private and public sectors (UK Trade and
Gestalt Family Therapy Essay Example | Topics and Well Written Essays - 3000 words
Gestalt Family Therapy - Essay Example In this therapy the experiences of the patient are not interpreted by the therapist instead the patient is encouraged to become aware of their needs and to accept them, come to an understanding of how to fulfill them and then let go of them. In this therapy the experiences of the patient are not interpreted by the therapist, but the therapist works along with the patient to enable them to understand themselves. This therapy helps a patient to become a well adjusted individual who understands that in life there is a constant flow of needs and one has to accept them, understand them, fulfill them if possible or let go of them without regrets. Gestalts Family Therapy is an extension of these goals, in that, the therapy is not for an individual but extends to the family. Walter Kempler, who initially worked with Perls, brought about this form of Family Therapy. His immediate goal is to engage the entire family in therapy, such that the members who seek to come together and at the same time separate can resolve their issues using Gestalts Therapy and thus resolve their problems. The final goal is accepting reality as it is, and thus accepting oneââ¬â¢s own and the otherââ¬â¢s movement to and away from togetherness. This could mean freedom and relief for one and loss and grief for another. Gestalt Family Therapy allows one to realize this loss, grieve for it and then move on. (Retrieved from "http://en.wikipedia.org/wiki/Walter_Kempler) The basic aim of this therapy is to bring about self awareness. The goal of Gestalts therapy is to help patients in discovering their ability to regulate and have successful relationships with others who share their space (i.e. with family, at work, with friends etc) and to connect with their inner selves and accept themselves as they truly are. The therapist helps the patient to uncover the unresolved issues which fade into the subconscious and then helps the patient to understand
Thursday, October 17, 2019
Analysis of monthly cash budget of Cyrus Brown Manufacturing Company Essay
Analysis of monthly cash budget of Cyrus Brown Manufacturing Company - Essay Example We will note from the income statement the net cash inflows from operations during the year after deducting the direct manufacturing costs and indirect expenses. As shown from the FS, the sales forecast for March and April are not sufficient to produce profit for the said months as expenses exceed projected sales. For the month of May, profit will be realized as projected sales have been increased. A substantial loss is seen for the month of June. A brief analysis of the data reveals that the loss is because of an investment made for plant structure and payment of taxes. The biggest sales forecast comes in September; however, it is also coupled with corresponding increase of expenses that includes second installment of payment of taxes; total expenses are 90% of sales. Accordingly, expected profit is reduced. There is a 42% drop in sales in October which is quite significant as it will also considerably affect the projected profit of the company and will reduce the cash receipts for the month. There is no explanation why the forecast of sales has gone down in October and November. TheTaxes have been deducted from the computations so the earnings that are shown in the balance are NET, that is no tax and interest have to be deducted. The net earnings are funds available for other uses like payment of debts or for other investments (Investorwords, n.d.) A projected monthly cash flow statement for March to November is presented for CBM to show the incoming and outgoing cash in the operations of the business. (See Annex 1). A cash flow has been defined as an accounting process that shows the difference of amount of cash in the beginning (opening balance) and the amount at the end of the period (closing balance) (Business Dictionary.com., n.d.). Management of cash flows is an important part of the business operations because most often it becomes the source of failure for most businesses. Thus, FindLaw (n.d) contends that when the owner of the business understands th e concept of cash management, he is prepared in the unforeseen eventualities in the business because he has a plan. Cash flows may become positive or negative during operations. When it is positive, business is shown to be in a healthy condition, while negative cash outflow shows internal problems in the operations. For CBM, its cash position shows negative cash outflow in the first two months of operations because of poor collection in March and slow growth of sales in March up to April. Cash flows will show the sources of funds used in the operations and how and where the funds are used. For sources of funds CBM provided an opening balance of $50,000 and collections from monthly sales. For March, only 75% of projected sales are expected to be collected. From April to November, 100 percent collection is expected to be collected. Because expenses are more than the funds collected from March to June there is a shortage of funds for this period. Due to this, CBM needs to get outside s ources of funds to finance its operations for March, April and June. There is a large cash outflow in June because of a capital investment and payment of taxes in June, after which cash flow becomes positive and profit accrue to the business. The cash on hand provided by CBM is $50,000.00 and it will need additional funds to support its operations. Approximately CBM needs a minimum credit line of $24,500 to draw for its monthly shortage of funds. It is assumed that CBM had provided capital for operations and there is no need to borrow additional funds. Conclusion. A cash flow projection
Growth and Business Cycles Essay Example | Topics and Well Written Essays - 500 words
Growth and Business Cycles - Essay Example With inventory control, we are speaking about the promising factor that inventories do propagate and amplify other fluctuations. On the other hand, on the discussion of growth of services, we are instead speaking in regards to the significant fact that the decline of manufacturing and the rise of services should be helping to reduce volatility, this being mainly because the demand for services is usually more stable than demand for manufacturers. The factor of better governments is highly relevant to this positive point of view as well, in that most central banks have learned to manage the economy so well that "it is sometimes argued, that they have more or less abolished the cycle." (The Economist, London, Oct 23, 1999, Anonymous). Globalization is another crucial factor, and at least at first sense seems to make perfect sense and fit properly into the optimist's point of view. This is because increasing integration with the global economy reduces the dependence of the American economy on certain domestic demand, and "it also opens new channels of supply, reducing inflationary pressures on costs and wages." (The Economist, London, Oct 23, 1999, Anonymous). However, even with an optimistic p
International Purchasing and Supply-Chain Management Essay - 1
International Purchasing and Supply-Chain Management - Essay Example The company is acclaimed for maintaining the highest inventory turnover, the highest sales per square foot and the highest operating profit margin in the retail industry since the last ten years. The transition of Wal-Mart from being a local retailer to a global retail giant has been largely driven by the unique and excellent supply chain management of the company. Wal-Mart has implemented a low cost strategy in its business and makes profit through large volume sales. The company is characterized by advanced inventory management systems, aggressive pricing policies, a unique retail and supply chain distribution system and has needed very less promotion and advertising in its journey to become one of the biggest private companies in the world. Wal-Mart is a retailing giant famous for its innovative business practices and is one of the first businesses to implement a centralized distribution system. The company has been renowned for continually integrating the latest technologies into its supply chain processes. Discussion The efficient supply chain management system of Wal-Mart is a major driver for the success of the company as a leading retail giant. The supply chain model of the business is formed by the effective integration of the purchasing, manufacturing, warehousing and distributing processes (Lysons and Farrington 2005, p.90). The supply chain of Wal-Mart implements four main strategies: technology, cross docking, vendor partnerships and distribution management and integration. Wal-Mart operates both retail outlets and distribution centres constitute its supply chain network. The supply chain of Wal-Mart comprises of 95 Distribution facilities and around 1500 stores operating all across the world. The distribution centres hold different types of merchandising goods varying from eatables to clothing and accessories. Procurement and Distribution The supply chain of Wal-Mart starts with the process of strategic sourcing to identify the proper suppliers wh o can provide the products at the best possible prices and can meet the huge demand level of the retail giant. Wal-Mart has entered into strategic collaborations with a major number of suppliers and has guaranteed sourcing products at lowest possible expenses by providing the suppliers with opportunity for high volume sales over a long period of time (Martin, 2006, p.156). The company maintains a strong logistics network comprising of the largest employee base for fleet of private trucks consisting of around 8000 drivers who were involved in the delivery of the goods from the distribution centres to the stores of Wal-Mart. The distribution centres of Wal-Mart comprised of general merchandise, as well as food and clothing distribution centres. The products are picked up from the warehouse of the suppliers by the trucking division of Wal-Mart and then transported to the distribution centres of Wal-Mart. Wal-Mart has formulated standardized labelling and consignment sizes to ensure tha t the shipments were easily transferred across the distribution centres. The consignments are cross docked to the inbound trailers. The supply chain follows a uniform operating and distribution process throughout its supply chain. Each of these distribution centres are designed in a way to provide maximum support to the stores with similar kinds of merchandise being stacked together Hub and Spoke Design The establishment of Wal-Martââ¬â¢s stores was directly driven by the distribution strategies of the business. The opening of the first distribution centre of the business was a significant investment strategy of the company and was aimed at attaining economies of scale. So the location of the stores was selected such that the distance could be covered within one
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