Revolutionizing the Retail Sector Case Study Example | Topics and Well Written Essays - 1000 words

Revolutionizing the Retail Sector - Case Study Example The two systems incorporated advanced technology during their upgrade. Consequently, they reduced the costs that organizations incurred as they used the systems (Heidari, 2008). Additional challenges that the invention of the quantum blade and the retail blade system solved entailed rising ownership costs, incompatibility and in efficiency of systems as well as rising operational costs. Problems Digipos faced with regard to system upgrades Digipos experienced several challenges while designing systems that could reduce cost of operations within businesses. Consequently, the company has struggled to cope with changes in technologies that could tackle the desires of clients. Thirdly, Dogipo’s products were incompatible with other technologies. Additionally, the management wanted to reposition the company as leaders when designing technological products that served the needs of the retail businesses. Digipos was facing stiff competition from other companies that designed technolo gical systems that could be used in the retail environment. Besides, they were unable to design systems that were simple to use. According to Heidari (2008), the challenges that the company faced caused dissatisfaction among the users of the company’s systems. ... As a result, the company formulated systems that set the stage for exemplary results. Consequently, the management embraced the use of advanced technologies while designing systems. This facilitated the design of quantum blade and the retail blade system. Following the inventions, the company engaged in research that enabled the management to design systems that reduce the cost of operation within businesses. Additionally, Digipos designed systems that used reliable hard drives. This method was effective because consumer prefer systems that are reliable when reducing cost of operations (Stair & Reynolds, 2012). People embraced the use of the Quantum Blade and the Retail Blade system because the systems are affordable and simple to upgrade. Digipos has also designed systems that are compatible with systems manufactured by other companies. Digipos is equally succeeding because it focuses on the needs of clients while designing systems. They are also providing clients with several alter natives. In order to reduce the total cost of operation, the company has opted to upgrade their systems in phases to cope with the changes in the technology. It is equally evident that the systems designed by the company can handle difficulties that retailers face while adjusting their systems (Sennewald & Christman, 2008). It was previously costly for small businesses to install systems manufactured by Digipos. However, this changed with the invention quantum blade and the retail blade systems. These systems are inexpensive and easy to upgrade. Compare and contrast the Quantum Blade to the Retail Blade The Quantum Blade and the Retail Blade

Social Class systems Essay Example | Topics and Well Written Essays - 250 words

Social Class systems - Essay Example Studies conducted show that forty two percent of men born in the bottom five social classes stay that way when they become adults. To add to the figures, just eight percent of Americans born at the bottom, rise to the top. From this figures it is safe to argue that contrary to popular belief, America is in fact a caste social system. There are various reasons for this argument, the first being that the country has a thin safety net to cushion children from poverty, therefore less class mobility. We find that in most poor children are raised by single parents, a factor which increases poverty levels. This is compounded, by racial discrimination which leaves most people of color, especially African Americans vulnerable and poor, compared to the other races. The second reason is that in our society, education is enables one to get a higher salary. This leaves people from poor families at a disadvantage because upper income parents invest more in their children’s education to increase their chances of success in life. The children of the high income earners go to the best schools and are prepared to learn. It is safe to argue that most people at the top are there due to their backgrounds, more than merit. Ours is therefore a system of the poor remaining poor and the other way round. The kind of education you get how the police treat you and even who you get married to, is largely influenced by your social

Strategic management module Assignment Example | Topics and Well Written Essays - 1250 words

Strategic management module - Assignment Example In addition, further discussion will analyse the reasons why merger and acquisitions sometimes fail despite their implementation as primary aspects of strategic growth. Morgan Sindall group is one of the leading construction and regeneration companies in the UK. The organization is divided into five major divisions: fit out, construction and infrastructure, affordable housing, urban regeneration, and investments. The company undertakes both public and private work projects. Its key subsidiaries include Overbury, Lovell, Morgan Lovell, Morgan Sindall investments and Morgan Ashurst. According to its 2013 fiscal report, its annual sales amounted to $ 3454.1M with a net income of $24.9M which marked an income growth of 50% for the year 2013 (Morgan Sindall Group Annual Report, 27-29). According to Simerson, corporate strategy refers to the processes by which an organization creates value through synergy and coordination of its principle operations (p. 17). The primary goal of corporate strategy is to map the ways by which an organization will attain growth by adding value and enhancement of competitive advantage over rival business firms in the industry. According to Grunig and Richard, development of corporate strategy consists of six elements: organization, businesses, resources, coordination, control and competitive advantage (p. 37). Consequent synchronization of these six elements leads to synergic combination of the chief functional activities that ultimately result to optimum capture and creation of value in an organizational environment. Some of the key tasks in corporate strategy entail acquisition of new business, formulation of investment priorities, implementation of efforts to boost performance and identification of the mechanism of achieving busines s synergy. Morgan Sindall plc has established itself a wholesome provider of construction services and affiliated activities. This is exhibited the company’s subdivisions which

Discrimination Article Example | Topics and Well Written Essays - 250 words

Discrimination - Article Example Actually, the word justice was originated from the Greek word ‘polis’ which has greatly been altered from its real sense. It was a gradual development that the concept of justice became the inevitable part of moral ideals beyond its mere political meaning. The key point that the writer puts forward is that all citizens must be ensured justice irrespective their class, strength, or ethnicity. However, reverse discrimination obviously ignores the majority groups while it attempts to favor the unwanted groups like the black. Apart from it, if some ethnic groups such as Americans, Indians, Chicanos, are to be considered as low classes the concept of minority seems to be the creation of ethnic groups. The term equality in legal perspective has less importance in the reverse discrimination concept. The writer wants to specify that the law must consider all citizens equal regardless of their wealth and talent, or ethnicity. In addition, the weaker sections should be equally considered by the law by means of special privilege; and they can not be considered as unwanted segments of the society. However, the writer does not purport a specific alternative to reverse discrimination which would preserve equality and justice in their true

Why are the events surrounding the South Sea Company often described Essay

Why are the events surrounding the South Sea Company often described as a financial bubble Identify at least one other famous bubble and discuss what feat - Essay Example With desires to get rich quickly, ambitious investors hurriedly and haphazardly invested on stocks of a particular company without first assessing its real situation. The result is the vital drop not only of a single firm but also of the entire national economy. This is the predicament that the South Sea Company in England in the 18th century experienced. Considered as one of the worst financial disasters in a capitalistic society, the South Sea Bubble is a proof that avarice can lead a single person, firm or even an entire nation’s economy to collapse. In those days, the British Empire reigned over the entire world. It was a time of affluence and prosperity for British people enabling them to invest. The exuberance of investors to gain more out of the company’s monopoly of the South Seas compelled the company issued more stocks that were also sold out by greedy investors. The lavish and generously enamored company office ostentatiously displayed the opulence and success of Britain on its industrial revolution. With the notion spread by speculators that this company â€Å"could never fail,† its share price skyrocketed tenfold from its original value, making its investors rich overnight. It was at this point that the reality set in, bursting the bubble of the company’s overpriced share prices. South Sea Company’s heyday ended when its management realised that they failed to manage and operate the company properly. They realized that the company was not generating profit at all. The funds came basically from selling stocks and not from actual commerce. News that the company was actually profitless instigated panic stocks selling. Useless stocks were sold frantically leading to a stock market crash. Many British people lost their fortune because of this. From 950 pounds per 100 pound par value it slid down to 290 pounds in less than 4 months. The invention of the personal computer

Human resource management Essay Example | Topics and Well Written Essays - 1750 words - 1

Human resource management - Essay Example Recruitment and selection Hiring and firing forms one of the basic and core functions of HR practitioners. It mainly deals with identifying potential applicants for present as well as future openings. They are also involved in assessment and evaluation so that efficient placement and selection decisions are made. Establishing procedures and policies for recruitment and hiring in another area dealt with the HR managers in an organization (Tyson, 1995). 2. Benefits and compensation The second core function handled by HR department is compensation and benefits management. Their job is providing a rational method for determination of right payment for right jobs. Since it is a critical component of the business, the function is entirely managed by HR managers. It is also related to employee development and incentive program. 3. Training and development Training and development is another vital function in an organization. The HR practitioners are involved in creating training and develop ment programs which are aimed at solving issues such as employee performance, skills enhancement, increasing expertise and overall personality etc (Chan and Scott-Ladd, 2004). HR managers have special expertise in program evaluation and unlike other managers; they are able to utilize employee feedback in a better manner. Training and development is an important function which assures that employees are capable of job performance at acceptable levels (Nasiripour and Kazemi, 2012). 4. Performance management Performance management is the ability to effectively manage the overall performance of employees in an organization. Implementation and establishment of a complete performance management program is an essential function. Designing the process, reviewing, maintaining and effective monitoring is a challenging task and requires expertise. Coaching managers about the use and implementation of performance management programs is also an essential function of the HR team (Hughes and Rog, 2008). Literature The current business environment is dominated by globalization and internationalization. Organizations have become multinational and cross-cultural teams are common in firms. The current challenge of HR practitioners is to create new strategies and meet the ever increasing expectations and challenges as a result of the continuous evolution. They are also expected to create and add value to the organization. In the following sections external and internal factors and their effect on the overall HR functions will be discussed. Influence of external factors on HR functions Political In political terms, the external factors which can influence the work of HR practitioners as well as HRM functions are trade unions. Trade unions are officially recognized employee associations, joined together as a collective and united front voice in order to deal with management issues. The objective behind these trade unions is to secure the economic and social interest and well-being of the members of the organizations. Since trade unions become an additional party in relationship between employees and the company, they are considered as external influencing factors (Jackson and Schuler, 1995).Various laws are associated with union laws. Trade unions affect the HR laws and functions in various ways. Management has less flexibility and discretion while administering and implementing HR procedures, policies and practices while communicating with unionized

GIS analysis of access to greenspace Literature review

GIS analysis of access to greenspace - Literature review Example Cultural and historic resources also form part of green space in some cultures. Green space plays a vital role in the nation’s landscape encompassing among others, development patterns, economy, culture and the well-being of the populace (Van Herzele 2003, p. 111). In addition, green space is crucial as it absorbs and expels pollutants from the environment, by acting as an urban heat sink thereby protecting urban biodiversity. As agricultural pressures on land increase through greater demands for land, green spaces are slowly becoming depleted (Forman 2005, p. 38). However, as development becomes a key priority, more land that was previously set aside for agricultural purposes is being developed into residential or institution areas (Van 2007, p. 18). This has led to scarcity of green space, and access to the available few is hampered by the prospect of development. Access to green space is of paramount importance because of the unique contribution of green spaces to the quali ty of life. For instance, green spaces allow for relaxation, way from the daily stresses of urban life such as hectic work schedules and traffic. Moreover, green spaces offer immense recreational opportunities like individual exercise and organised sports. Spending time in urban green spaces offers reprieve to urban dwellers. However, because of increasing urbanisation and access to green space and spatial planning policies with regard to densification, more urban dwellers face the prospect of living in areas with few or no green space resources. Governments and individual municipalities set up clear guidelines for access to green space (Smith, Poulos and Kim 2002, p. 123). The Green Belt is a policy for managing urban growth in the UK. The policy guidelines provide concise guidelines on urban planning, which entail allocation of specific areas to urban green spaces. The Town and County Planning Act established in 1947 allows local authorities in UK mucipalities to include guideline s of the green belt in their development plans. The two acts are appreciative of the need to protect land areas designated as urban green spaces. GIS provides an environment for analysing accessibility to green space and for modelling the impacts of potential changes to green space provision and their subsequent impacts (Liu and Zhu 2004, p. 119). GIS analysis can be used to assess the accessibility of urban green spaces by selecting and quantifying factors that affect green space and constructing functions to determine the accessibility indicator (Ai) (Comber 2009, p. 109). A SPOT imagery of an urban environment provides sufficient data used to determine green space accessibility dwellers. The earlier mentioned state and county guidelines allow for division of land portions into regular grids of at least 500 meters to determine the capacity and chance of area inhabitants accessing green spaces within the area. For each green space viewed in the SPOT imagery, the resistance factors for each grid of land accessing the green space are calculated. Resistance factors refer to aspects that affect or limit access to green space. These factors include attraction to green space, population distribution, traffic patterns and pattern of land use in the area (Ritsema and De 2003, p. 84). The entire urban green space