Friday, February 14, 2020
Case Study Coursework Example | Topics and Well Written Essays - 1250 words
Case Study - Coursework Example Since they would not have any legal right to make improvements on the catalytic exhausts for the reason that they are not the manufacturers, their proposal can gain momentum if it is opened to public debate whose influence can motivate positive response since it would be a good thing to the environment. However, the main disadvantage would be that the manufacturers may just copy the idea for refinement then refuse to have such changes on their product. (b) Another alternative to patent the idea then licence the product to an existing manufacturer would be the most viable option. One main advantage would be that they would not face much hassles with regards to procurement of an operating licence since they would be partnering with the manufactures of the product hence they would not require a big deal on licensing one main disadvantage would be that they may not be able to enjoy the benefits of their discovery as they maybe sidelined to positions of second or third party by the manufactures. (c) They may set up a company and manufacture and market the product themselves. Well, in the event that they manage to do this, this would be the best option of all since they would have overall responsibility of their product and would be in full control of the whole business. However, the main disadvantage would be that of copy right laws. This would not be their invention hence would need to fulfil the requirements of the law with regards to copyright. 1.2 (i) The main corporate objective goal would be the ability to meet reputable standards in the manufacturing industry. In fact, the main goal would be competence to produce quality products in the market. (ii) The financial strategy would need to take into consideration the injection of operating capital that would enable the organisation to realise some profit as well as the ability to cover the
Saturday, February 1, 2020
GLOBAL FINANCE, INC. (GFI) Essay Example | Topics and Well Written Essays - 2500 words
GLOBAL FINANCE, INC. (GFI) - Essay Example Slow performance and latency issues were a problem as well. The Wi-Fi network is issues as well because it is widely accessible to people that live near the range of the wireless network. Such issues must be addressed through the process of redesigning the network infrastructure and the technologies that can be implemented to help alleviate these issues. In order to decrease network traffic, it is important to install firewalls to the system to monitor and restrict certain traffic that could be harming the network. A firewall is a piece of hardware or software program that helps in screening out viruses, worms and hackers that try to reach your computer via the Internet. A Virtual Private Network Gateway must have a firewall installed in it to prevent strangers from connecting to the network virtually. This virtual private network (VPN) extends a private network across an extended a public network, like the Internet. These systems enable computers to receive and send data across public or shared networks as if it is it had a direct link to the private network; hence, it benefits from the security, management functionality policies of the private network. A VPN is formed by establishing a virtual point-to-point connection via the use of virtual tunneling protocols, traffic encryptions, and dedicated connections. It is also important to give all employees an RSA token so that the authentication process is even more secure. An RSA token is a small device that has a particular number of digits within it that change every 10-15 seconds. This number must be inputted into the VPN portal so that the user can be confirmed and authenticated into the network. Such a technology can help alleviate the traffic issues that the network was having and help in speeding up the performance of the network system as well. Firewalls are essential as well because they help monitor all packets that
Friday, January 24, 2020
How James Joyce Challenges His Readers in Ulysses and Finnegans Wake Es
How James Joyce Challenges His Readers in Ulysses and Finnegans Wake à à à In the history of written literature, it is difficult not to notice the authors who expand their reader's style and manner of reading. Some write inà an unusual syntax which forces the reader to utilize new methods of looking at a language; others employ lengthy allusions which oblige the reader to study the same works the author drew from in order to more fully comprehend the text. Some authors use ingenious and complicated plots which warrant several readings to be understood. But few authors have used all these and still more devices to demand more of the reader. James Joyce, writer of Ulysses and Finnegans Wake, uses extraordinarily inventive and intricate plot construction, creative and often thought-provoking word constructions, allusions to works both celebrated and recondite, and complex issues and theories when challenging his readers to expand their method of reading. à à à The plot, or story, of a book is the foundation upon which all else is constructed, and Joyce is renowned for his extraordinary plots, always innovative and always astonishing. In Ulysses, Joyce parallels the day of his protagonist, Leopold Bloom, with the journeys of Odysseus from Homer's Odyssey. Chapter by chapter, Bloom's travels throughout Dublin, along with the experiences of his young friend Stephen Dedalus and his unfaithful wife Molly, parallels the Odyssey. All the chapters are there: Telemachus, Nestor, Proteus, Calypso, the Lotus-Eaters, Hades, Aeolus, Lestrygonians, Scylla and Charybdis, Sirens, Cyclops, Nausicaà ¤ , Oxen of the Sun, Circe, Eumaeus, Ithaca, and Penelope. He even adds a chapter, Wandering Rocks, by subdividing Scylla ... ... challenged his readers to expand and enhance their reading method, to think for themselves, to read the raw thoughts of another, to read a hybrid language, to simply learn, and to become a better reader. Works Cited: Barger, John.à IQ Infinity- The Unknown James Joyce, Robot Wisdom Pages, 5/25/97: http://www.mcs.net/~jorn/html/jj.html Cave, Charles.à James Joyce Web Page, Ozemail Communications, 5/25/97: http://www.ozemail.com.au/~caveman/Joyce Joyce, James.à Finnegans Wake. New York, New York: Penguin USA, 1976 Joyce, James.à Ulysses, New York, New York: Random House Inc., 1992 McHugh, Roland.à Annotations to Finnegans Wake, Baltimore, Maryland: Johns Hopkins University Press, 1991 Thornton, Weldon.à Allusions in Ulysses, Chapel Hill, North Carolina: University of North Carolina Press, 1968
Thursday, January 16, 2020
Samsung Electronics Case
he Samsung Electronics Company has become the largest conglomerate in South Korea over the past decade. Net sales of the Samsung Group totaled $135 billion in 2004 and has 337 overseas operations in 58 countries. Electronic, finance, and trade and services are the three core sectors within the Samsung Group. Semiconductor products are classified into two different categories of chips, which are memory and logic. The net value of Samsung experienced rapid growth from 2000 to 2004, growing from $ 5. 5 billion to $12. 6 billion.We will use Porterââ¬â¢s five forces to analyze the industry structure and performance which will help gauge Samsungââ¬â¢s growth against its competitors. Entry into the semiconductor industry can be very costly and difficult because of high barriers to entry. These barriers include, economies of scale, high entry costs, and the difficulty in obtaining industry knowledge. In addition, firms like Samsung have established a strong reputation for quality and r eliable products which serve as powerful barriers to new firms hoping to enter the industry.The decreased chance of new entrants indicates a less competitive and more profitable industry. There are many buyers within the semiconductor industry, each controlling a relatively small share of the market. Samsung has a huge range of products they produce and can afford to do so at a low cost. Since the buyers control the industry and what is produced they have a significant amount of bargaining power. Furthermore, even though the amount of producers in the industry is fairly low, they offer many of the same products forcing them to compete on price.Samsung has a little above medium bargaining power with its suppliers. The semiconductor industry faces powerful suppliers but because defective memory is difficult and costly to identify, and could potentially destroy the entire value of Samsungââ¬â¢s product, it is very important for Samsung to establish a strong relationship with its sup pliers. In doing so, à Samsung usually pays a 1% price premium to its suppliers to ensure quality giving suppliers increased profit and more bargaining power in the industry.However, Samsung consumes a large volume of sales for its suppliers and can still earn a 5% discount because of this large volume and this discount can offset that 1% price premium. In conclusion, Samsung has a little above medium bargaining power over its supplier. Substitutes in the conductor industry are high for three reasons. First, products in the semiconductor industry are highly standardized. Secondly, other major companies in this industry have the ability to produce a large volume of similar products at average costs.Thirdly, there is the threat of new companies from China. However, these companies from China lack the technology to make high quality and low cost products. Therefore, at this point, Samsung does not need to worry about substitutes from Chinese firms. The semiconductor industry experien ces fierce rivalry between the firms. Similar to substitutes, there are six main rivals within the industry. Also, even though the Chinese companies are young/inexperienced, they are becoming a potential rival.No company has the absolute leading market share or absolute technology to break other major companies within the industry. Even though Chinese companies are inexperienced, these companies are having little or no trouble raising money from local government and they are willing to sacrifice profit in order to fight for market share. Over time, Samsung has established a strong competitive position relative to other firms in the semiconductor industry. Samsungââ¬â¢s emphasis on fast and efficient work has let them complete projects faster than other firms, giving them a competitive edge.An example of this occurred in the mid 1980ââ¬â¢s when Samsung was able to complete their first large manufacturing facility, a task that was predicted to take 18 months, in just 6 months by working around the clock. Samsung also has a strength in their location, with Samsungââ¬â¢s main R&D facility and all its fab lines located at a single site they are able to save an estimated 12% on fab construction costs. This advantage of location also allows their engineers to work closely together to quickly solve design and process engineering problems together, furthering their speed and efficiency advantage over their competitors.Samsung has also done a great job of identifying and seizing opportunities before their competitors, and taking risks that other firms may be unwilling to take. An example of this occurred in 1992 when Samsung decided to invest $1 Billion in increasing the size of the wafers used to cut the DRM chips to eight inches. This investment paid off and gave Samsung a distinct cost advantage that allowed them to gain the number one market share in the DRAM industry for 13 years. Samsung also identified and seized he opportunity to gain high profits throu gh product differentiation by customizing and catering to niche markets, offering over 1,200 different variations of DRAM products. In order to understand the internal Environment of the company. VRIO framework will be used to analyse the internal environment and à to help further understand the strategic position in the industry. Relatively low power of suppliers and large production factories allow Samsung to keep their cost low. Their low cost of production will enable them to enter into a price war with any company threatening to enter the market.They have the ability to lower their price to the point where it will become too costly for any other company to enter the market will deter additional entrants. Their low cost production ability also allows them to increase revenues and reinvest more money back into R&D. Additionally, having all of their engineers on site allowed for quicker design times and cut 12% of construction fabrication costs. However, rarity is not really an issue within the industry. There are multiple companies all with similar technology.Once Samsung can keep the low cost production system and reinvest to their R&D, they could achieve sustainable comp etitive advantage in the industry. Most customers are willing to pay a higher value for their products because they perceive Samsung to have better performance and superior design, quality, and service. The brand loyalty, brand reputation and quality(reliable product) are costly for the competitors to acquire or develop. The competitors also face a cost disadvantage in cost structures since Samsung has an outstanding low cost production system.Moreover, Samsungââ¬â¢s major competitors do not have the cutting edge technology to quickly overpass the quality of Samsungââ¬â¢s product. It would be difficult and costly for their competitors to imitate their technology. Samsung does a fairly good job exploiting their capabilities because of them building brand loyalty and a high quality product. With all of those advantages it becomes difficult for their competitors to capture Samsungââ¬â¢s market share. Finally, Samsung invested heavily in its employees more than any other competitor allowing them to focus on innovation and productivity (Include HR policies).Answer to question 1. Samsung employees a hybrid model of business level strategy which consists of cost leadership advantage and product differentiation. Samsungââ¬â¢s operating cost is $8. 90 per unit and it is well below the industry average $10. 3975 per unit. As of year 2003, samsung offers over 1200 different products. With a proper marketing strategy, Samsung built a high reputation and good brand image for its products allowing them to charge a premium price on most of its products. Answer to Question 2: Samsung has implemented their business strategy very well.They were able to become not only the industry cost leader but obtain a large degree of product differentiation. Above, we conducted a VR IO analysis of Samsung and identified their competitive advantages. However, the advantages are only temporary because they are not rare and any company can imitate them by spending a large amount of capital. Until this point though, all of the competitive advantages that Samsung has created have created positive economic profit. These profits can be realized in the large growth in the company from 2000 to 2004.Recommendations: Our recommendations are that Samsung continue to use their additional revenue from their low cost of production and higher margin to invest in R&D. This will ensure that Samsung has the best product on the market and continue to lower their production costs. By doing this, they will continue to make it costlier for new firms to enter the market. Investing into R&D is extremely costly/ high risk and could lead to failure if Samsung begins investing in the wrong type of products. However, if done properly, this investment can cement Samsung as the market leader and ensure high profitability for the future.
Wednesday, January 8, 2020
William Golding s Lord Of The Flies - 1381 Words
Transformation As people age, they generally tend to transform from young and oblivious children into wise and aware adults. A group of young boys arrived on the island as proper English schoolboys, but months later, they left as dirty, unkempt savages. In William Goldingââ¬â¢s novel Lord of the Flies, an array of young school boys find themselves stranded on an island as a result of a plane crash during World War Two. With no adults, rules, and nothing holding them back, they are left to fend for themselves. In the beginning, the boys elect Ralph as chief, and begin to gradually become accustomed to the island. Near the middle, the boys begin to divide themselves. Jack Merridew, once an innocent choir boy, is now transforming himself andâ⬠¦show more contentâ⬠¦At the beginning of Lord of the Flies, the rules of the conch are followed with deep reverence by most of the young, stranded boys. The rules are quite simple: a person can only talk if they have possession of the conch; those that do not have possession of the conch are not permitted to speak. As a result of the conch calling the boys together and it giving the survivors a democratic process for speaking, these simple rules bring order and democracy to an otherwise unrefined society. By the middle of the book, however, the conch has lost most, if not all, of its power to everyone besides Piggy and Ralph. They each believe that the conch alone has the power to hold the group together. If none of the boys follow the rules of the conch, then the hope of their survival is pointless. When Jack begins distancing himself from the rules of the conch and starts to only believe in hunting, Ralph realizes that if he blows the conch in an attempt to organize and the other survivors donââ¬â¢t respond, then all traces of the remaining civil behavior in the bots will be lost. After all, without a functional and organized society, they can begin their road to savagery. Near the end of Lord of the Flies, the conch has b een destroyed. While attempting to get Piggyââ¬â¢s glasses back after they had been stolen by Jackââ¬â¢s tribe, Piggy finds himself and the conch being struck down by a
Tuesday, December 31, 2019
Biography of Jean Baptiste Lamarck
Jean-Baptiste Lamarck was born in Northern France on August 1, 1744. He was the youngest of eleven children born to Philippe Jacques de Monet de La Marck and Marie-Franà §oise de Fontaines de Chuignolles, a noble but not rich family. Most men in Lamarcks family went into the military, including his father and older brothers. However, Jeans father pushed him toward a career in the Church, so Lamarck went to a Jesuit college in the late 1750s. When his father died in 1760, Lamarck rode off to a battle in Germany and joined the French army. He quickly rose through the military ranks and became a commanding Lieutenant over troops stationed in Monaco. Unfortunately, Lamarck was injured during a game he was playing with his troops and after surgery made the injury worse, he was decommissioned. He then went off to study medicine with his brother but decided along the way that the natural world, and particularly botany, were a better choice for him. Biography In 1778 he published Flore franà §aise, a book that contained the first dichotomous key that helped identify different species based on contrasting characteristics. His work earned him the title of Botanist to the King which was given to him by Comte de Buffon in 1781. He was able to then travel around Europe and collect plant samples and data for his work. Turning his attention to the animal kingdom, Lamarck was the first to use the term invertebrate to describe animals without backbones. He began collecting fossils and studying all sorts of simple species. Unfortunately, he became completely blind before he finished his writings on the subject, but he was assisted by his daughter so he could publish his works on zoology. His most well-known contributions to zoology were rooted in the Theory of Evolution. Lamarck was the first to claim that humans had evolved from a lower species. In fact, his hypothesis stated that all living things built up from the most simple all the way up to humans. He believed that new species spontaneously generated and body parts or organs that were not used would just shrivel up and go away. His contemporary, Georges Cuvier, quickly denounced this idea and worked hard to promote his own nearly opposite ideas. Jean-Baptiste Lamarck was one of the first scientists to publish the idea that adaptation occurred in species to help them better survive in the environment. He went on to assert that these physical changes were then passed down to the next generation. While this is now known to be incorrect, Charles Darwin used these ideas when forming his theory of Natural Selection. Personal Life Jean-Baptiste Lamarck had a total of eight children with three different wives. His first wife, Marie Rosalie Delaporte, gave him six children before she died in 1792. However, they did not marry until she was on her deathbed. His second wife, Charlotte Victoire Reverdy gave birth to two children but died two years after they were married. His final wife, Julie Mallet, did not have any children before she died in 1819. It is rumored that Lamarck may have had a fourth wife, but it has not been confirmed. However, it is clear that he had one deaf son and another son who was declared clinically insane. His two living daughters took care of him on his deathbed and were left poor. Only one living son was making a good living as an engineer and had children at the time of Lamarcks death.
Sunday, December 22, 2019
Paralleled Ideals between Fredrickson and Jefferson...
Social Contract is a theory that has been studied by many in an attempt to decide if it is modifiable or unchanging. In Thomas Jeffersonââ¬â¢s letters to Virginia, he reveals his feelings on the issues of slavery and the assimilation of Negros into the colonial population. Some of these ideas and beliefs paralleled in concepts when compared to the theories coined by Fredrickson: Group Separatism, Ethnic Hierarchy, Cultural Pluralism, and One Way Assimilation. When analyzing Fredricksonââ¬â¢s theories it is easy to identify similarities within the studied beliefs of Jefferson addressed in his letters to Virginia manuscript, but also you are able to identify differences as well. In his manuscript, Jefferson philosophies point towards an ethnocentric viewpoint when he talks about the needs and elitism of the colonial whites. He says that in order to maintain a purer society of whites the negro slaves must be removed, ââ¬Å"This unfortunate difference of color, and perhaps of faculty, is a powerful obstacle to the emancipation of these people [â⬠¦] while they wish to vindicate their liberty of human nature, are anxious also to preserve its dignity and beautyâ⬠(Jefferson 105). He hoped that by making policy around the removal and extradition of the slaves, the moral fabric of the colonies would remain pure and unaffected by the interaction or presence of Negro slaves in their population. This ideal most identifies with the Ethnic Hierarchy theory Fredrickson is responsible for. FredricksonShow MoreRelatedOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words à |à 656 Pagesof the worldââ¬â¢s human population for the first time in history. He gives considerable attention to changes in city planning, patterns of urban growth, and important differences between industrialized Europe and North America and the developing world, as well as the contrasts in urban design and living conditions between different sorts of political regimesââ¬â communist, capitalist, colonial, and fascist. Particularly revealing are Spodekââ¬â¢s discussions of the influence of prominent urban planners
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