Sunday, August 16, 2020

Selecting and Managing Channels in Business Model Canvas

Selecting and Managing Channels in Business Model Canvas INTRODUCTION TO THE CHANNELS BUILDING BLOCKThis building block defines how an organization communicates with and provides value to its chosen customer segment. Channels are the touch points through which an organization liaises with its customers and as such, play a huge role in defining the customer experience. Channels can be categorized as marketing, sales or distribution channels.Channels and Customer Relationships are directly linked to the ‘how’ of a company linking with its target customer segment. Most companies have a different medium to attract a customer and separate strategies on how to retain them. It is advisable to list separate channels for different customer segments if your organization is targeting more than one.Before the 1990’s, companies were severely limited in their choice of channel. In fact, there was only one channel being used; the direct channel in which a customer would go to a score with salespeople and physical distribution occurred. Now companie s have the choice of using physical channels or web/mobile channels to deliver their value proposition to their customer segment.The distribution channel represents one of the quarters of the Marketing Mix and represents how an organization will make its product or service available to the end consumer for consumption or use. A Distribution channel can be direct, which means that the manufacturer sells directly to the customer, or it can contain intermediaries who may buy and resell the product, in the case of merchants, or represent the manufacturer without owning the product, in the case of Agents and brokers. Organizations have to take into account multiple factors when deciding between owning their channels, establishing partners to provide channels or employing an amalgam of both.An organization which sells bulbs to lighthouses can have access to a multitude of channels such as a website where lighthouse attendants can view and purchase different kinds of bulbs, advertisements placed through Google Ads are also one of the channels. If the organization outsources after-sales services to another company, this company also represents another channel that links the company to the end-user.A well-thought out Distribution strategy can become a source of competitive advantage for your organization, as is the case for giants such as Dell and Amazon. If your Distribution Channel is customer-centric as well, that is, it is tailored to convenience the end-user, it will be even more successful.  How to select a distribution channelWhen selecting a distribution channel, five elements need to be taken into consideration to ensure a good match for your business;The number of customer segments or the size of the market you are targeting.Investment required by the distribution channel â€" these will include an analysis of the different associated costs such as absolute value cost, cost per customer, fixed and variable costs and the profitability each channel option brings to the table.Whether the product is standard, in which case the same version will appeal across customer profiles and can be sold through an external channel or a non-standardized product which needs to be tailored to the customer needs and for which the company needs to have direct contact with the customer.Amount of control required over the distribution channel â€" the distribution channel can be characterized by open communication and free-flow of information or, if there is a possibility of competition from the distributor, then a much more closed relationship.It is also important to take into account how long a healthy relationship will take to be established with the distributor as well as the length of the relationship as well; factors which contribute to the flexibility of the channel.Functions of channelsListed below are some of the purposes of a typical channel;A medium through which an organization can educate its chosen customer segments about the products and services it provides.Providing customers with an opportunity to study and evaluate the organizations value proposition.Providing customers with the facility to buy their chosen products or services.Providing the customer with the Value Proposition.Providing the customer with after sales services.CHANNEL PHASESThere are five phases through which a channel passes. A channel can be covering more than one of these phases at a time.Phase 1: AwarenessHow do we educate customers about the characteristics of the products and services we have? This is the marketing and advertising phase. It is how you let your customer know about your value proposition.Phase 2: EvaluationHow can we aid customers in evaluating our Value Proposition? This is the promotion or ‘Try me before you buy me’ phase. The customer will evaluate, read about or use your product and form an opinion about it. A good company will educate customers with other competitors in the market and help them to evaluate their choices. In t his way, you make your value proposition clearer to them and why you are a better option than your competitors.Phase 3: PurchaseHow can we help customers in buying their preferred product or service? This is the sales process and denoted the dollars exchanged for a particular goods and services.Phase 4: DeliveryHow do we deliver the promised value proposition to the customer?  This is the fulfillment stage and defines how the product will reach the customer.Phase 5: After SalesHow can we provide After Sales customer care and support? This phase creates Advocates for your products and services amongst your target segment. This stage provides a person for the customer to call when they have a problem or question about the product. The higher the value of the product, the more likely it is that he/ she will require After Sales support.CHANNEL TYPESThis is the bridge between the customer and the company. There are different channel types.Own ChannelsA direct channel will include your s ales force that would go after your customer segment and bring them in. A website is another direct channel that can be under the company’s control.You may also have your store, however the customer must choose to go to the store and then you can sell to him/ her, but this will be indirect selling.By employing your own channel, you will have a direct relationship with the customer, and you will have higher profit margins. However, you will require more investment to create the infrastructure to deliver your product to the market, and the production to market loop will be slower. Additionally partners leverage long established relationships with retailers that you will not have access to.Partner ChannelsThis is an indirect channel. In this case, the company will not sell to the customer directly but through an intermediary.The company can do this by placing their products or making their services available at the partner store.Wholesalers are also partner channels. Wineries create partnerships with wholesalers in different countries to sell their wine to the end customer.With a partner channel, there will be a lower margin on the product but it would get to the market quicker, and there will be lesser investment required in infrastructure.Heineken delivers their beer to wholesalers, bars and shops, supermarkets as well as retail chains such as Gall and Gall, a retail chain of liquor with its distribution channels. Alternatively, Heineken also delivers to its network of bars to which it delivers directly. Hence, Heineken uses different Distribution channels to reach its customers.Apple has its network of stores as well as premium resellers. They also sell their products through mobile networks, retail chains, and websites. Hence, there are different distribution channels in use at the same time with varying profitability. Their stores are extremely well-developed as well as experiential for any consumer that walks in. This may impact the profitability of the s tore, but it also allows Apple to communicate an entire experience to its consumer, and through this experience, establish a direct relationship with the customer.ADVANTAGES DISADVANTAGES OF ALTERNATIVE CHANNELS OF DISTRIBUTIONDirect distributionThis can be done through personal selling, the internet, telephone or mail.Personal SellingIn the case of personal selling, there is a lot of conveniences afforded to the customer including personal demonstration, home delivery, and satisfaction guarantees. The cost of a direct selling channel, especially if it is based on personal selling is low and can be easily afforded by an individual starting a business. Personal selling is a wonderful way to establish a strong relationship with the customer and gain insight into big customers’ preferences. The Return on Investment in personal selling is also higher, and the company can exert control over the brand image and positioning of the company.However, if the organization is bigger, personal selling costs can be prohibitive. This particular distribution channel is also limited in its reach and creates too much dependence on people who may leave the organization and take their clients with them.The InternetThe internet, on the other hand, provides a low-cost channel to target a wide customer base. It also provides convenience to customers in the form of instant access, ease of use and personalization. It is also a wonderful source of information for the customers is available 24/7 and gives them the chance to establish two-way communication with the company by letting them provide feedback and share preferences.Conversely, the internet is an impersonal tool that does not allow the customer and the company to establish human contact. There is also the possibility of annoying customers by sending them too much spam. It also limits how the customer can directly interact with the product and requires an infrastructural investment. There is also a lack of after-sales service opportunities.TelephoneThe telephone is an inexpensive ad efficient way to establish direct contact with the customer. It is also a good way to establish a relationship, create leads and reach customers in remote areas. On the other hand, the telephone, due to being outsourced to third world countries and used as a medium for marketing may seem intrusive and annoying to customers.Mail / EmailMail is another direct medium that is inexpensive and can reach a large audience. It is also easily customizable to different customer segments and allows for easy alteration. It is a wonderful way to create a brand image, communicate innovations or new products and foster good will. Again there are challenges with this medium such as the possibility that customers consider it junk mail or choose to never peruse its contents. This medium in general has low ROI.Indirect DistributionIndirect distribution can be carried out through retailers, agents/ brokers/ reps and distributors.RetailersRetaile rs come with many positives such as already established infrastructures of stores, webpages, and aggressive marketing strategies. Retailers have their established brands that can provide a bolster to the already existing brand. There is also personal service and after sales services provided by the retailer, as well as a being a source of market and consumer intelligence.This channel, however, leads to lower margins and loss of control. There is a disconnect from the end customer, and the retailer may be stocking competing brands side by side. This is a complex channel that can be expensive for a new business.Agents and BrokersAgents, brokers or reps provide personal selling and have established relationships with customers. They have a broad network, lesser distribution costs and are a source of market intelligence. They also assume the role of promoting the product, as well as share the burden of overhead costs.Conversely, this channel is more sensitive to pricing, difficult to co ntrol and train. They may represent competing brands and maintain loyalty to the highest selling brand. This channel also means the company has less control over its brand image and no opportunity to establish a direct relationship with the client.DistributorsFinally, distributors have a focused customer base, assume inventory risk, have a wider reach and are technically trained. However, they carry competing brands, have a say in the final pricing of your product and your company does not have control over the final look of the product to the customer. They also have low customer intelligence and represent an additional investment.CASE STUDY © Entrepreneurial Insights based on the concept of Alex OsterwalderIn this article, we will look at 1) an introduction to the Channels building block, 2) channel phases, 3) channel types, 4) advantages and disadvantages of alternative channels of distribution, and 5) a case study.INTRODUCTION TO THE CHANNELS BUILDING BLOCKThis building block defines how an organization communicates with and provides value to its chosen customer segment. Channels are the touch points through which an organization liaises with its customers and as such, play a huge role in defining the customer experience. Channels can be categorized as marketing, sales or distribution channels.Channels and Customer Relationships are directly linked to the ‘how’ of a company linking with its target customer segment. Most companies have a different medium to attract a customer and separate strategies on how to retain them. It is advisable to list separate channels for different customer segments if your organizatio n is targeting more than one.Before the 1990’s, companies were severely limited in their choice of channel. In fact, there was only one channel being used; the direct channel in which a customer would go to a score with salespeople and physical distribution occurred. Now companies have the choice of using physical channels or web/mobile channels to deliver their value proposition to their customer segment.The distribution channel represents one of the quarters of the Marketing Mix and represents how an organization will make its product or service available to the end consumer for consumption or use. A Distribution channel can be direct, which means that the manufacturer sells directly to the customer, or it can contain intermediaries who may buy and resell the product, in the case of merchants, or represent the manufacturer without owning the product, in the case of Agents and brokers. Organizations have to take into account multiple factors when deciding between owning their cha nnels, establishing partners to provide channels or employing an amalgam of both.An organization which sells bulbs to lighthouses can have access to a multitude of channels such as a website where lighthouse attendants can view and purchase different kinds of bulbs, advertisements placed through Google Ads are also one of the channels. If the organization outsources after-sales services to another company, this company also represents another channel that links the company to the end-user.A well-thought out Distribution strategy can become a source of competitive advantage for your organization, as is the case for giants such as Dell and Amazon. If your Distribution Channel is customer-centric as well, that is, it is tailored to convenience the end-user, it will be even more successful.  How to select a distribution channelWhen selecting a distribution channel, five elements need to be taken into consideration to ensure a good match for your business;The number of customer segments or the size of the market you are targeting.Investment required by the distribution channel â€" these will include an analysis of the different associated costs such as absolute value cost, cost per customer, fixed and variable costs and the profitability each channel option brings to the table.Whether the product is standard, in which case the same version will appeal across customer profiles and can be sold through an external channel or a non-standardized product which needs to be tailored to the customer needs and for which the company needs to have direct contact with the customer.Amount of control required over the distribution channel â€" the distribution channel can be characterized by open communication and free-flow of information or, if there is a possibility of competition from the distributor, then a much more closed relationship.It is also important to take into account how long a healthy relationship will take to be established with the distributor as well as the leng th of the relationship as well; factors which contribute to the flexibility of the channel.Functions of channelsListed below are some of the purposes of a typical channel;A medium through which an organization can educate its chosen customer segments about the products and services it provides.Providing customers with an opportunity to study and evaluate the organizations value proposition.Providing customers with the facility to buy their chosen products or services.Providing the customer with the Value Proposition.Providing the customer with after sales services.CHANNEL PHASESThere are five phases through which a channel passes. A channel can be covering more than one of these phases at a time.Phase 1: AwarenessHow do we educate customers about the characteristics of the products and services we have? This is the marketing and advertising phase. It is how you let your customer know about your value proposition.Phase 2: EvaluationHow can we aid customers in evaluating our Value Pro position? This is the promotion or ‘Try me before you buy me’ phase. The customer will evaluate, read about or use your product and form an opinion about it. A good company will educate customers with other competitors in the market and help them to evaluate their choices. In this way, you make your value proposition clearer to them and why you are a better option than your competitors.Phase 3: PurchaseHow can we help customers in buying their preferred product or service? This is the sales process and denoted the dollars exchanged for a particular goods and services.Phase 4: DeliveryHow do we deliver the promised value proposition to the customer?  This is the fulfillment stage and defines how the product will reach the customer.Phase 5: After SalesHow can we provide After Sales customer care and support? This phase creates Advocates for your products and services amongst your target segment. This stage provides a person for the customer to call when they have a problem or que stion about the product. The higher the value of the product, the more likely it is that he/ she will require After Sales support.CHANNEL TYPESThis is the bridge between the customer and the company. There are different channel types.Own ChannelsA direct channel will include your sales force that would go after your customer segment and bring them in. A website is another direct channel that can be under the company’s control.You may also have your store, however the customer must choose to go to the store and then you can sell to him/ her, but this will be indirect selling.By employing your own channel, you will have a direct relationship with the customer, and you will have higher profit margins. However, you will require more investment to create the infrastructure to deliver your product to the market, and the production to market loop will be slower. Additionally partners leverage long established relationships with retailers that you will not have access to.Partner ChannelsT his is an indirect channel. In this case, the company will not sell to the customer directly but through an intermediary.The company can do this by placing their products or making their services available at the partner store.Wholesalers are also partner channels. Wineries create partnerships with wholesalers in different countries to sell their wine to the end customer.With a partner channel, there will be a lower margin on the product but it would get to the market quicker, and there will be lesser investment required in infrastructure.Heineken delivers their beer to wholesalers, bars and shops, supermarkets as well as retail chains such as Gall and Gall, a retail chain of liquor with its distribution channels. Alternatively, Heineken also delivers to its network of bars to which it delivers directly. Hence, Heineken uses different Distribution channels to reach its customers.Apple has its network of stores as well as premium resellers. They also sell their products through mobil e networks, retail chains, and websites. Hence, there are different distribution channels in use at the same time with varying profitability. Their stores are extremely well-developed as well as experiential for any consumer that walks in. This may impact the profitability of the store, but it also allows Apple to communicate an entire experience to its consumer, and through this experience, establish a direct relationship with the customer.ADVANTAGES DISADVANTAGES OF ALTERNATIVE CHANNELS OF DISTRIBUTIONDirect distributionThis can be done through personal selling, the internet, telephone or mail.Personal SellingIn the case of personal selling, there is a lot of conveniences afforded to the customer including personal demonstration, home delivery, and satisfaction guarantees. The cost of a direct selling channel, especially if it is based on personal selling is low and can be easily afforded by an individual starting a business. Personal selling is a wonderful way to establish a str ong relationship with the customer and gain insight into big customers’ preferences. The Return on Investment in personal selling is also higher, and the company can exert control over the brand image and positioning of the company.However, if the organization is bigger, personal selling costs can be prohibitive. This particular distribution channel is also limited in its reach and creates too much dependence on people who may leave the organization and take their clients with them.The InternetThe internet, on the other hand, provides a low-cost channel to target a wide customer base. It also provides convenience to customers in the form of instant access, ease of use and personalization. It is also a wonderful source of information for the customers is available 24/7 and gives them the chance to establish two-way communication with the company by letting them provide feedback and share preferences.Conversely, the internet is an impersonal tool that does not allow the customer and the company to establish human contact. There is also the possibility of annoying customers by sending them too much spam. It also limits how the customer can directly interact with the product and requires an infrastructural investment. There is also a lack of after-sales service opportunities.TelephoneThe telephone is an inexpensive ad efficient way to establish direct contact with the customer. It is also a good way to establish a relationship, create leads and reach customers in remote areas. On the other hand, the telephone, due to being outsourced to third world countries and used as a medium for marketing may seem intrusive and annoying to customers.Mail / EmailMail is another direct medium that is inexpensive and can reach a large audience. It is also easily customizable to different customer segments and allows for easy alteration. It is a wonderful way to create a brand image, communicate innovations or new products and foster good will. Again there are challenges with th is medium such as the possibility that customers consider it junk mail or choose to never peruse its contents. This medium in general has low ROI.Indirect DistributionIndirect distribution can be carried out through retailers, agents/ brokers/ reps and distributors.RetailersRetailers come with many positives such as already established infrastructures of stores, webpages, and aggressive marketing strategies. Retailers have their established brands that can provide a bolster to the already existing brand. There is also personal service and after sales services provided by the retailer, as well as a being a source of market and consumer intelligence.This channel, however, leads to lower margins and loss of control. There is a disconnect from the end customer, and the retailer may be stocking competing brands side by side. This is a complex channel that can be expensive for a new business.Agents and BrokersAgents, brokers or reps provide personal selling and have established relationsh ips with customers. They have a broad network, lesser distribution costs and are a source of market intelligence. They also assume the role of promoting the product, as well as share the burden of overhead costs.Conversely, this channel is more sensitive to pricing, difficult to control and train. They may represent competing brands and maintain loyalty to the highest selling brand. This channel also means the company has less control over its brand image and no opportunity to establish a direct relationship with the client.DistributorsFinally, distributors have a focused customer base, assume inventory risk, have a wider reach and are technically trained. However, they carry competing brands, have a say in the final pricing of your product and your company does not have control over the final look of the product to the customer. They also have low customer intelligence and represent an additional investment.CASE STUDYGoogle is the largest technological company in the world. Its mai n product is its search engine that is the most used search engine in today’s day and age.Google employs two channels to deliver its value propositions to its customer segments. It has created Global Sales and Support teams as well as a Multi-product Sales force.For its individual customers, Google has a DIY approach with a high level of automation to make the process convenient and to appeal to the average Googler.Google’s Global Sales and Support team consists of specialized teams across industries that establish relationships with advertisers and network members and aid them in gaining maximum value from their relationship with Google.Google’s sales force sells Search, Display and Mobile advertising and is focused on fostering relationships with major advertisers and premium internet companies.

Wednesday, July 1, 2020

Prejudice Paper - Free Essay Example

The Prejudice Paper I have chosen the topic The everyday nature of prejudice. There are many forms of prejudice. Some people are just born with or raised with a prejudice. During the war, Americans became prejudiced against the Japanese. They used racial slurs and violence to get rid of and exclude the Japanese. They were all moved to internment camps and some were killed. Families were torn apart. The Japanese were put through many hardships, and when they were able to return, they were only slowly accepted. The three main types of prejudice are Racism, Sexism, and Ageism. The first type of prejudice is Racism. This is a belief that you are better than other people based solely on their race or religion. I am sorry to say that racism was very prominent in the United States, and though it has calmed down a bit, is still a problem today. Some white people still hate black people and Im sure there are some blacks who hate whites, too. Religions have also been attacked. The Mormons w ere persecuted and forced to move west when they were rejected by other people. The Jews were attacked for just being Jews. When this was happening in Germany, the U. S. A tried to stop it. However, at the same time, the United States were detaining the Japanese. That is just not right. The second type of prejudice is Sexism. This is the belief that you are better or smarter than another person based on whether they are a man or woman. This form of prejudice is mainly found in boys and men. They feel that, because they are mostly stronger, that they are overly superior to women. That is not the case. I have been looking around and I find that girls mainly get better grades in school. Also, just because someone is a different sex, it doesnt make them any less important or inferior. Women beat men in about half of the Olympic sports. Men are usually better weight lifters and women are usually better at gymnastics. These are just generalities though. They are not set in stone. Th ird, but not any less significant, is the prejudice Ageism. The definition for Ageism is discrimination against persons of a certain age group. This is like a young teen disliking a person just because they are old or young. The reason I say teen is because that is where I believe most of the Ageism comes from. This is not a major problem though. In fact, it is relatively tame in comparison to the first two discussed prejudices. It is also used slightly in theme parks. The managers of the park dont want little kids on some rides even if they are tall enough. I think that Ageism is not a very prominent thing in our society today. Its not visible to me, but it is still there. In conclusion, I would like to say that we, the people of America, need to understand our differences and accept them. To carry prejudices against other people just for being different hurts all of us. We should remember past history lessons of prejudice and never let it happen again. We dont want to be tre ated unfairly, so why do we treat others unfairly? I would like to remind you of my main message which is this: the three main types of prejudice are Racism, Sexism, and Ageism. I hope that you never feel like you are better than anyone else who is a different race, religion, sex, or age than you are. Dont let something that silly tear people apart.

Tuesday, May 26, 2020

Who Else Wants to Learn About Cheap College Research Papers?

Who Else Wants to Learn About Cheap College Research Papers? The 5-Minute Rule for Cheap College Research Papers Our custom written research papers for sale aren't just top quality and affordable, but in addition non-plagiarized. Purchase custom research paper 100% custom papers for the most recent issue of websites where you are able to purchase coursework. It's a better idea to take a peek at other things that indicate an exceptional customized paper writing service. Thus, if you're looking for expert work, then you want to elect for low-cost customized research papers from a specialist service. The businesses on the industry literally have to struggle for each and every order that they might receive from a student in need of assistance. The writers submit an application for orders they really wish to work on, hence the customers can be certain they will acquire high-quality work at the ideal price with this service. In any case, you can read the testimonials of our clients. The procedure is quite straightforward. Fortunately, you've come to the perfect place to discover the greatest remedy to every single academic writing problem that you're currently facing with your essay. Whatever you reason is, we'll do our very best to help you locate the most convenient solution to your problems. The factor concerning this undertaking is to at all times attempt to delegate some you could very well. What Everybody Dislikes About Cheap College Research Papers and Why Whatever sort of paper writing you require, click the purchase button to request for a customized term paper for sale. You conserve money and don't have to be worried about turning the paper in on time. So, you may rest assured your term paper service is going to be delivered by means of a pro. When you opt to purchase a term paper online, we let you select when you need to get your purchase. Regardless, it always more advisable to place orders beforehand. They'll consult you on any situation. Anyway, you'll certainly like our price policy. They don't want to overpay, and in several situations, they simply cannot. The Tried and True Method for Cheap College Research Papers in Step by Step Detail Nobody can question the grade of research papers which our writers have written. When you purchase an essay from us, you're guaranteed to relish individual approach because essay help given by our writers is always customized depending on your requirements. To start with, you ought to ensure that you learn more about their writers. Your writer ought to be prepared to edit your essay as much as you want till you are fully happy. Together with the UK Essay Help undergraduates find it impossible to get worried about the time but delight in a complete life. Writessay is vital to compose my term papers, write up make it's now! We are aware that your last grades are contingent on how good your research papers prove to be. An individual may believe that the cost of a custom-written paper will be contingent on how much the writer will charge. Our experts utilize the broad selection of their writing techniques to generate your paper informative, relevant, and interesting. You ought to hire professional research paper writer to aid you when you don't understand how to tackle this dilemma. We possess the ideal research paper writers in US and UK who are dedicated to ensuring that whenever you get a research paper from our site, it is going to be 100% authentic and original. The Fundamentals of Cheap College Research Papers Revealed Utilise the assistance of our service and don't fret about how you complete the school. Whether you're a struggling college student or at the surface of your class, ABCPapers are always able to help you. Our team will be pleased to aid you. How to you the very best alternative for college. Research your precise destination's tipping customs before going. Secondly, we are a seasoned agency. Therefore, make certain that you always do some extensive research depending on the tips expounded on above before you're able to commit to making a purchase. Our company employs professionals who can do the job efficiently to create the best results in a quick term. Term papers from the very best custom writing company in regards to term papers writing, our company is a real leader in this region. Feel free to get in touch with our company anytime.

Sunday, May 24, 2020

The Salman Khan s Speech - 1023 Words

Ingrid Hernandez Professor Alfred English 1303 September 30, 2014 Salman Khan Strong Response: Let’s use video to reinvent education Salman Khan was featured in a TEDTalk convention to deliver his speech, â€Å"Let’s use video to reinvent education†. As founder of Khan Academy, he reaches out to an audience about a technological innovation that can transform students’ learning. He effectively focuses his speech on how the use of online teaching videos can create one global wide classroom. As technology continues to advance over the years, Khan has pioneered a new educational approach that can benefit students and educators worldwide. Although Khan successfully informs the audience by setting himself up as a credible source on how online educational videos have the potential to revolutionize the educational system and prove to be an effective component in the learning process, Khan weakens his claim by dismissing the different learning styles of students and overlooking the financial aspect to using this technology. Khan begins his speech by signifying how the Khan Academy was established and why it can work for all individuals. The Khan Academy is known for its notorious online educational videos that are used by students all over the world. His idea derived from when he was â€Å"tutoring [his] cousins in New Orleans, remotely† (Khan 1:09). Having such a distance between his cousins and himself, he found a clever way to tutor them by uploading videos on YouTube. This methodShow MoreRelatedEvolution of Indian Cinema3329 Words   |  14 Pagesmost popular being socials, films which addressed the social problems of citizens in the newly developing  state. This era saw the emergence of director/producers such as Raj Kapoor (Shree 420 /The  Fraud  1955), Guru Dutt (Pyaasa/Thirst 1957), Mehboob Khan (Mother  India 1957), BR Chopra (Naya Daur /A New Age 1957) and Bimal Roy (Madhumati1958). Meanwhile, Satyajit Ray, who made his first film, Pather Panchali /Song of the road, in 1955 with help from the West Bengal  government, established himself asRead MoreUse of Celebrities in Endorsements5625 Words   |  23 Pagesfull use of this opportunity. Most of the countries have adopted this strategy as an effective marketing tool and even India is carving out space for itself in this arena. The present study attempts to meet three objectives: †¢ to identify the mode/s in which a celebrity is depicted in Indian television commercials †¢ to ascertain relationship (if any) between the category of product endorsed and the type of celebrity used †¢ to identify the correspondence between product categories and mode ofRead MoreBusiness Journalism in India26104 Words   |  105 Pagesmarkets, with governments scrambling to prop up banks, broaden guarantees for deposits and agree on a coordinated response. Origins The roots of the credit crisis stretch back to another notable boom-and-bust: the tech bubble of the late 1990’s. When the stock market began a steep decline in 2000 and the nation slipped into recession the next year, the Federal Reserve sharply lowered interest rates to limit the economic damage. Lower interest rates make mortgage payments cheaper, and demandRead MoreRise and Decline of the Muslim Ummah9373 Words   |  38 Pagesthe Jews and which He meted out to them overtook the Muslim Ummah. The following Divine warning was fulfilled exactly: We sent against you our servants, given to terrible. warfare. They entered the very i1~11ost parts of your homes and ~ O W ~ I S . (Al-Qur an 17 : 5 ) In this connection, large armies of Crusaders swarmed from the West and in 1099, not only the sanctity of Al-Aqsa Mosque was defiled, there was also a massacre in Jerusalem on such a vast scale that even the Western historiansRead MoreThe Global Financial Crisis: Can Islamic Finance Help Minimize the Severity and Frequency of Such a Crisis in the Future?9902 Words   |  40 PagesMuhammad Rashid for the excellent secretarial assistance he has provided. He is also grateful to Bashir Khallat, Acting Director of IRTI, for the encouragement and support he has provided and to his colleagues, Drs. Sami alSuwailem, Tariqullah Khan and Salman Syed Ali for their valuable comments on an earlier draft. ABSTRACT The paper tries to determine the primary cause or causes of the financial crises that have plagued almost every country around the world over the last three decades. Of particularRead MorePerformance Evaluation of Ific Bank13303 Words   |  54 Pagesactivities enquiry in any moment 4.   Statement request through ATM/Debit/Credit Card 5.   Transfer own funds to other account number in same bank 6.   Present Balance enquiry 7.   More than16-hours shopping facilities 8.   Deposit or Mail cash or cheque(s) (Cross cheque) through mechanical device. 9.   Changing Personal Identity Number 10. Cash deposit which will originally deposit very next day of deposit that means do not need to go to the branch for every occasion. 11. Mini statement which contain

Tuesday, May 19, 2020

UofA Green Fund Free Essay Example, 1000 words

The other department to involve in the project is the Agricultural department to help in giving advice on the appropriate planting methods and the nutrients requirements for the trees. The other stakeholders will be the campus students’ body through participating at various levels of the project. First, there will be the administrative co-leader whose work will be to allocate various functions to different participants. The leader will decide the students to work with the administration, faculty, and the staff to enable completion of the planting project. The other one will be the project coordinator to oversee the progress of the project and ensure that all the parties play their part for the project to succeed. The coordinator will help in the decision-making that are very vital to the success of the tree planting project. Another stakeholder will be student workers who will engage in all the project activities such as tree planting without contributing the decision-making. The activities are collecting the seedling, identifying the place for planting, digging holes and the actual planting of the seedlings. Next there will be the student’s volunteer t assist in the project activities at various level during their appropriate time. We will write a custom essay sample on UofA Green Fund or any topic specifically for you Only $17.96 $11.86/pageorder now The volunteers will be very helpful especially when the other stakeholders are busy with their academic work. The student learners will also form part of the project stakeholders to help in the project development. The role of the student learner will be to observe and learn from the project’s activities, which will be very encouraging to the project implementers. Having students interested in the project will be a great achievement for the implementers, which will encourage them to work harder to achieve the project goals. Benefit to UA Students The project will be very beneficial to the UA students especially the ones that will participate fully in the implementation of the project. For instance, students who will engage in planting trees will have knowledge of the importance of environmental conservation. Students from the Department of Natural resources and agriculture will carry out their practical and field lesions on the campus as the environment will provide enough flora. The other students that will benefit from the project are the ones studying botanical classes especially the topic of classification. The students will carry out their field work inside the campus and make reliable conclusions. Students always go to other places and forts to carry out research on plants behaviour but with the implementation of this project, they will just carry most of their experiments inside the UA University.

Friday, May 15, 2020

Violence in Playgrounds Is Increasing. However, It Is...

What can we do to help our child if he bullies others? Although we dont like to think that our child could be a bully, we must face reality if it happens. Here are some suggestions for parents and caregivers responsible for a child who is bullying others. Make sure your child isnt witnessing violence between members of your family. Modeling aggressive behavior at home can lead to violence by the child against others at school and later on in life. Talk to your child, his teachers and school administrators. Children who bully try to deny or minimize their wrongdoings. Cooperate with the school to help change your childs aggressive behavior. 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For any set of policies to work, it must be established and implemented with the full participation and support of school board members, administrators, parents, students, community members, emergency response personnel, and law enforcement.† (Kramen, 2008Read MoreDeveloping Management Skills404131 Words   |  1617 Pages 2002, 1998 Pearson Education, Inc., publishing as Prentice Hall, One Lake Street, Upper Saddle River, New Jersey 07458. All rights reserved. Manufactured in the United States of America. This publication is protected by Copyright, and permission should be obtained from the publisher prior to any prohibited reproducti on, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, recording, or likewise. To obtain permission(s) to use material

Wednesday, May 13, 2020

The Cost of Turnover - 5420 Words

The Cost of Turnover Putting a Price on the Learning Curve by Timothy R. Hinkin and J.BruceTracey Employee turnover does more than reduce service quality and damage employee moraleÂâ€"it hits a hotelÂ’s pocketbook. E mployee turnover has long been a concern of the hospitality industry, and therefore of researchers who examine industry human-resources concerns. One stream of research that arose in the past 20 years was an effort to quantify the cost of employee turnover. Although most managers agreed that turnover was bothersome, calculating a dollar figure for employee departures would provide those Timothy R. Hinkin, Ph.D., is a professorof managementorganization, human resources, and law (MOHRL) and director for undergraduate†¦show more content†¦The lodging industry sees fierce competition, with new products and branding strategies vying for the dollars of increasingly demanding consumers. Technologically, the industry has made tremendous progress in revenue-management systems, computerized reservations, and POS systems, and we can only hazard a guess what the internet will eventually mean to the lodging industry. Virtually all jobs have been altered by technology and downsizing, and hotel employees have more to learn and do than they did two decades ago. The demographic characteristics of the workforce have changed, and in many markets most of the people considered employable are already employed. With predictions of labor shortages to come, competition for qualified employees will only increase, making employee retention an important managerial objective. A recent stream of research has empirically demonstrated a significant relationship between sound human-resources practices and financial performance.3 For example, a recent study by Delerey and Doty found that three HR practicesÂâ€" namely, results-oriented perform mance appraisals, employment security, and profit sharingÂâ€"were strongly related to return on equity and other financial measures of a firmÂ’s 3 For example, see: Jeffrey Pfeffer and John Viega, “Putting People First for Organizational Success,” Academy of Management Executive, Vol. 13, No. 2 (1999), pp. 37Ââ€"48; and James L. Heskett, Thomas O. Jones, GaryShow MoreRelatedThe Cost Of Turnover Is Significant1631 Words   |  7 PagesResearch shows the cost of turnover is substantial and varies from region to region. The measurement of what costs are included are just as diverse, but according to Jones and Gates (2007), the cost of turnover can be 1.3 times a departing nurse’s salary. With this in mind, the costs of recruitment and retention cannot be underestimated nor seen as an expense, rather a return on investment. Thankfully, the costs for some of the proposed administrative solutions are minimal or cost nothing more toRead MoreNursing Turnover Costs And Its Prevention1530 Words   |  7 Pages Nursing turnover costs and its prevention Ryan Figley University of Central Missouri Nursing turnover has been a well-documented issue with regards to retention of competent staff in health care facilities throughout the country (Cartledge, 2001). Turnover is simply defined by Sullivan as the vacating of positions by staff; however, nursing turnover is a phenomenon that must be understood and guarded against (Sullivan, 2013). The effects of turnover can be seen in many aspects ofRead MoreBenefits Of Employee Turnover Cost Essay8929 Words   |  36 PagesEmployee turnover cost is usually defined as the cost to hire a replacement associate and train this new employee for the new role. Most of the time the cost for training is considering the list of activities and/or courses that a new associate should undertake in order to become productive. Figure 5 is showing the cost and Return Of Investment process during the employee`s work time. The ROI or potential revenue (in the specific case we will consider Productivity and Quality since it is an RD labRead MoreWhat Is the Real Cost of Employee Turnover967 Words   |  4 PagesWhat Is the Real Cost Of Employee Turnover The employee turnover rate and the retention of skilled employees is a major problem businesses face. Conservative estimates put the cost of replacing a lost employee at 25 percent of the annual compensation amount. For the typical full time employee who earns $38,481 and receives $50,025 in total compensation, the total cost of turnover would amount to $12,506 per employee. This being the case employee turnover is a major cost and can significantlyRead MoreThe High Cost of Employee Turnover in Business660 Words   |  3 Pagesthe costs (both real costs, such as time taken to select and recruit a replacement, and also opportunity costs, such as lost productivity), the cost of employee turnover to for-profit organizations has been estimated to be between 30% (the figure used by the American Management Association) to upwards of 150% of the employees remuneration package.[4] There are both direct and indirect costs. Direct costs relate to the leaving costs, replacement costs and transitions costs, and indirect costs relateRead MoreInventory Turnover : Cost Of Goods Sold950 Words   |  4 PagesInventory Turnover = Cost of Goods Sold / Avg. Inventory Measure of Efficiency of inventory management 2015 2014 Inventory Turnover = 387,000 / 110,000 = 3.518 times Inventory Turnover = 275,000 / 80,000 = 3.4735 times The result of inventory turnover for Smith Enterprises being so small tends to be restricted sales volume. With this, the company requires a larger investment in inventory. Days Sales in Inventory = Ending Inventory / Cost of Goods Sold x 365 Measure of Liquidity in inventory 2015Read More What Is the Real Cost Of Employee Turnover Essay947 Words   |  4 Pages What Is the Real Cost Of Employee Turnover The employee turnover rate and the retention of skilled employees is a major problem businesses face. â€Å"Conservative estimates put the cost of replacing a lost employee at 25 percent of the annual compensation amount. For the typical full time employee who earns $38,481 and receives $50,025 in total compensation, the total cost of turnover would amount to $12,506 per employee.† This being the case employee turnover is a major cost and can significantlyRead More Reducing the Cost of Employee Turnover by Managing for Retention2471 Words   |  10 PagesReducing the Cost of Employee Turnover by Managing for Retention Employee turnover and the retention of valued employees are major problems facing business in the U.S. The average turnover rate is hovering at 15%. The costs associated with that turnover can be high - generally 25 percent of the individuals annual salary. Unemployment in the United States is at a 24-year low. Employee loyalty is down. Never before has it been so critical to focus on strategies for keeping good employees. HoweverRead MoreEssay on Nursing Turnover: Costs, Causes, Solutions2923 Words   |  12 PagesIntroduction: Nurse turnover is defined as â€Å"the number of nurses changing jobs within an organization or leaving an organization within a given year† (Baumann 2010). Retaining nurses is one of the most important issues in health care as its effects range from challenges in human resource planning, to high costs in financial and organizational productivity (Beecroft et al, 2008), to workgroup processes and morale, to patient safety and quality of care (i.e. patient satisfaction, length of patientRead MoreActual Cost of Employee Turnover Ways to Improve Retention2772 Words   |  12 PagesActual Cost of Employee Turnover Ways to Improve Retention Steve Burton Morrison University ACTUAL COST OF EMPLOYEE TURNOVER WAYS TO IMPROVE RETENTION Employee turnover is one of the largest problems for many organizations, yet it is one of the most unknown cost. Although employee turnover may not seem like a big deal, it is very expensive part of the business. A study done several years back showed that less than 50% of businesses had a plan to determine what turnover