Sunday, January 19, 2020

New Product Development Process Essay

For every successful new product, many new product ideas are conceived and discarded. Therefore, companies usually generate a large number of ideas from which successful new products emerge. I work as a strategic manager in Solarland Co., Ltd. This company does business of electronic appliances. As a Strategic Manager, I have been directed by my BOD to introduce a new product in Bangladesh. I want to introduce a Solar Based LED TV which will be run with solar system, which is without electricity people will be able to watch TV. So I have gone through my knowledge which I gained from my Strategic Management course and then make a draft of my proposal for them. The draft of my proposal for introducing a new solar based LED TV is discussed below. 1. Idea Generation The new product development process begins with idea generation. Strategic management is all about selling an idea. So as a Strategic manager I have created the new product idea of Solar Based LED TV. I have created this idea as I want to capture a new market where people do not have enough electricity or else they will also be able to safe electricity cost. This new product can define the overall character and mission of our company. 2. Idea Screening Idea screening, the second step, considers the new product idea of developing a Solar Based LED TV. At this stage I consider not only the firm’s manufacturing, technology, and marketing capabilities, but also how the new idea fits with the company’s vision and strategic objectives. During screening the idea I consider some facets which are very important like: What are the purposes of the organization? What image should the organization project? What are the ideals and philosophies that the organization desires its members to posses? What is the organizations business? How can the organization best fulfill its corporate objectives? 3. Concept Development and Testing The third stage, concept development and testing, requires formal evaluations of the product concept by consumers, usually through some form of marketing research. As a strategic manager, to build up a self-concept is very important. Self-Concept refers to the distinctive competence or major competitive advantages of the company. In case of concept testing, the existing strategic plan should be compared with the best plan which can be developed at any given point in time. So the best conceivable plan becomes the standard. The degree to which the existing plan varies from the standard and the cost of that variation compared to the cost of revising the plan will determine whether corrective action should be taken. Figure 1: New Product Development Process and Strategic Factors 4. Business Analysis The business analysis stage is next. At this point the new product idea is analyzed for its marketability and costs. After passing the first three stages an idea may be discarded once marketing and manufacturing costs are analyzed, due to limited potential for profitability or commercial success. I can do it through Porter Five Forces analysis. Figure 2: Factors of Industry Analysis Threat of new entrants Profitable markets that yield high returns will attract new firms. This results in many new entrants, which eventually will decrease profitability for all firms in the industry. Unless the entry of new firms can be blocked by incumbents the abnormal profit rate will trend towards zero (perfect competition). So I will analyze the threat factor of new entrants. For my new product I found that potential threat of new entrants are very low. Threat of substitute products or services The existence of products outside of the realm of the common product boundaries increases the propensity of customers to switch to alternatives. So I need to assess whether there is any existing or potential substitute of our new product. As this new product will work without electricity, so threat of substitute product is very low. Bargaining power of customers (buyers) The bargaining power of customers is also described as the market of outputs: the ability of customers to put the firm under pressure, which also affects the customer’s sensitivity to price changes. The buyer power is high if the buyer has many alternatives. We can take measures to reduce buyer power, such as implementing a loyalty program. Bargaining power of suppliers The bargaining power of suppliers is also described as the market of inputs. Suppliers of raw materials, components, labor, and services to the firm can be a source of power over the firm when there are few substitutes. Suppliers may refuse to work with our firm or charge excessively high prices for unique resources. So we need to be careful about that. 5. Prototype Development The fifth stage, prototype development, at this stage the concept is converted into an actual product. A customer value perspective during this phase means the product is designed to satisfy the needs expressed by consumers. We may use quality function deployment (QFD) as we develop the prototype. QFD links specific consumer requirements such as versatility, durability, and low maintenance with specific product characteristics (for example, adjustable shelves, a door-mounted ice and water dispenser, and touch controls for a refrigerator). The customer value perspective requires the new product to satisfy customer needs and meet desired quality levels at specified production costs. 6. Test Marketing In Test marketing we will test the prototype and marketing strategy in simulated or actual market situations. Because of the expense and risks associated with actual test markets, we need to use them with caution. If the product tests poorly, it will be pulled back and re-conceptualized or discarded. 7. Commercialization Commercialization, the final stage, is when the product is introduced full  scale. The level of investment and risk are highest at this stage. At this stage we will consider consumer adoption rates, timing decisions for introduction, and coordinating efforts with production, distribution, and marketing. STRATEGIC FACTORS INFLUENCING NEW PRODUCT DEVELOPMENT Organizational Structure and Culture Organizational structure, leadership, and team building influence the speed and efficiency with which new products are introduced. Structure influences efficiency, autonomy, and coordination. New product innovation requires structure that optimizes direction and guidance. Structure that facilitates internal information exchange, decision making, and materials flow is essential. A â€Å"fast-cycle† structure allows more time for planning and implementing activities to gain competitive advantage. This type of structure also cuts costs because production materials and information collect less overhead and do not accumulate as work-in-process inventory. Autonomy refers to the amount of decision making allowed at lower levels of management. The coordination of the engineering, product designs, manufacturing, and marketing functions in the new product development process is vital. Leadership Leadership influences strategy, culture, and the firm’s overall ability to undertake new product development. Top management can demonstrate involvement in the development process by providing career advancement for entrepreneurial skills and encouraging broad employee participation. Clarity and vision are crucial to ensuring that new product ideas are good strategic fits for the company. The degree to which leadership allows trial and error and promotes individual initiative positively influences the development of new products. This acceptance of risk and support for an entrepreneurial spirit within the organization are crucial in order for innovation to flourish. New products emerge in a variety of ways and their development does not always proceed in rational and consistent manners. It is necessary for leadership to view the process as iterative and dynamic, and to foster adaptation and flexibility. Management flexibility and responsiveness to  change also are needed. This type of leadership is particularly important to the project manager who must coordinate and integrate the various parts of the new product development process so that a coherent system emerges that produces a product with compelling value. Initiative encourages creativity and problem-solving skills. Team Building Teams provide mechanisms for breaking down functional biases created by a strict adherence to structure. The amount of interdepartmental conflict in the organization, the social cohesion among team members, and the frequency and directionality of interdepartmental communication influence team building. Through shared understanding of the objectives and purposes of the project, as well as the tasks required in the development process, teams can shape the project and influence how work gets done in the organization. Now a day technology continues to change and create new opportunities and threats. Customer requirements and expectations continue to shift and create new demands. Old channels of distribution are becoming obsolete and new channels are opening new opportunities. Some competitors are falling by the wayside while others are surging to the forefront by making new and unexpected moves to gain advantage. The very structure of industry is changing. A key to success in this tumultuous environment will continue to be the ability to sustain a competitive advantage through innovation. However, speed, efficiency, and quality in product development will be paramount. Building capabilities in all aspects of product creation and implementation, overcoming uncertainty and facilitating decision-making, ensuring these innovations are strategically linked to the firm’s vision, and doing this on a continuous basis is the challenge of new product development in the next century.

Saturday, January 11, 2020

Poverty in America Essay

Poverty is a disturbing but significant global concern. Just as it is for millions of other people all over the globe, poverty is occurring in America. Over the past decades, income disparity is ascending, in addition to the number of communities that failed to keep up with the national economic standard. Although poverty is present everywhere, it is more serious in developing countries, wherein one in every five person lives on not more than $1 for each day, which is the threshold being applied by the World Bank to classify poverty. The unrelenting problem of poverty is a multifaceted one that embraces individuals and communities who, without their fault, find themselves powerless to manage in this information-intensive and constantly developing world. For the majority Americans, poverty implies destitution, or the lack of ability to provide the family with reasonable shelter, clothing, and nutritious food. Despite the fact that material destitution does exist in America, it is relatively confined in severity and scope. To be aware of poverty in America, it is necessary to observe several statistics, as well as to observe the actual living conditions of the persons that are considered poor by the government. Overview of Poverty in America A large numbers of the country’s population live at or below the threshold of poverty, which means payment of bills every month and financing for the essentials, consisting of shelter, clothing, and food, not counting access to health care and a number of simple comforts is a constant struggle. According to estimates in 2003, roughly 25 percent of counties in the United States had low rates of workforce participation, soaring rates of unemployment, high reliance on government transfer expenditures, and incomes that is lower than one-half of the national average or less for each person. The Census Bureau classifies poverty as a family of three earning not more than $14,680, and not more than $9,393 for a worker without any dependent (Blanco, 2004). According to the 2003 statistics of the Census Bureau, almost 36 million Americans lived in poverty, which is 1.3 million more in 2002. Since 2000, the country has experienced an increase of 4.4 million people who lives in poverty (Blanco, 2004). According to a survey, the present American families are experiencing worse living conditions than they have in the previous years, as 10 percent of all families or approximately 7.6 million families in 2003 lived in poverty, which is an enormous ascend from the previous years (Blanco, 2004). In 2005, the registration of the United States Census Bureau of poor individuals in the country totaled to approximately 37 million poor Americans (Rector & Johnson, 2004). Therefore, there is one in every eight Americans that is struggling with inconceivable poverty. These millions of Americans are asserted to be deficient of the necessary clothing, shelter, and enough money for the food, as well as being forced to live in unpleasant conditions (Rector & Johnson, 2004). Common Factors of Poverty In the concluding half of the 20th century, the three factors that are generally offered to explain movements of poverty in the United States are changes in family structure, economic inequality, and income growth. If the average per-capita incomes are increased, such as increasing wages and employment, then it is expected that poverty will generally decline. Nevertheless, economic inequality can take the edge off the overall constructive impact of income growth if lower-income workforce and unemployed citizens do not benefit from the fruits of such development. On the other hand, changes in the family structure, primarily the ever-increasing number of families headed by female may be linked with higher rates of poverty for the reason that such families are more expected to be poor and are more economically vulnerable. I. Economic Equality Certainly, the country has made several enhancements over the intervening decades in terms of the overall minimum living standard as measured through material conditions. Yet the living conditions of the poor individuals are severely different from that of families and individuals who take advantage of various degree of economic security as measured through income levels that provide unstressed and comfortable situations. The escalation in the number of poor individuals and families in the country ought to provide the government various apprehension, but even more upsetting is the increasing difference between the underprivileged and wealthy in America. In the previous decades, compensation for more affluent Americans has considerably ascended, stimulated by increase in stock options, bonuses, salaries and other rewards. However, the compensation provided for millions of lower-wage workforces dropped off; and in fact, a number of them have even lost their jobs (Blanco, 2004). Therefore, this factor has prevented the advantages of economic growth from being equally drawn out. Moreover, in 2005, non-Hispanic white men, not less than 25 years of age, holding only high-school qualification have $35,679 median income; whereas women within the same age group, need a degree in college in order to obtain a comparable median income (Spriggs, 2007). The outcome is that the households headed by female are harmed by the major earnings gap, which has a poverty rate of 31.1 percent in contrast to their male-headed household counterparts, which only had a 13.4 percent poverty rate (Spriggs, 2007). In 2005, poverty for women is excessively elevated than men, which is14.1 percent in contrast to 11.1 (Spriggs, 2007). The disparity reflects unrelenting gaps in earnings between male and female workers. At the same time, since 1959 the median income of white males with a family of five has been higher than the poverty line, but for women with a family of three, it was only in 1990 that their median income broke beyond the poverty line (Spriggs, 2007). Further, notwithstanding the progressive structure of benefit procedure in Social Security benefits, the constant gap is best reflected in disparities in poverty among the elderly, where the lifetime earnings of women suggest they have lower assets than men. II. Family Structure Higher rates of poverty among women have generally been contributed to the changes in family structure. The percentage of families headed by single female with children rapidly rose over the previous decades of the 20th century, which reached 26.5 percent in 1995 from only 11.5 percent of all families with children in 1970; with higher rates for Hispanics and blacks. At the start of year 2003, roughly 26.1 percent of the entire families with children in the country were headed by single woman. A number of such families do not obtain any or adequate child support from the absent fathers of the children. It is suggested in one study that if fathers married the destitute mothers of their children, approximately three-quarters of the single-parents would instantly be elevated outside poverty status (Rector & Johnson, 2004). Obviously, two parents in a household generally earn more than single-parent. The burden of receiving enough income to raise dependent children outside poverty additionally confronts women who are the single head of the family, as well as getting and paying for child care concurrently with their work and management of the household without help. Since this hazard confronted by women of serving non-working dependents as well as their efforts in looking after their elderly parents is not distributed by society, women who head such families are expected to obtain lower levels of education, therefore, resulting to their lower earnings. Aside from the fact that women are more expected to earn significantly less than men with similar qualifications, mothers have a tendency to accumulate less experience than other workers. III. Income Growth Poverty is associated with the lack of sufficient income, so the core problem therefore is the compensation for the workers. Among the poor, only 11.4 percent or 2.9 million jobs around the clock is available for the whole year (Spriggs, 2007). This sector of the population is further directly impaired by minimum-wage laws that have hindered costs of living. This setback is particularly severe for poverty stricken American-Hispanics and American-Asians, where 18 percent of them worked year-round for full time (Spriggs, 2007). There are several reasons why numerous people lack the income to overcome poverty. For instance, people do not work or if they work, they do not earn sufficient amount of money. Whether in good or bad economic times, the ordinary poor family with children exerts only 800 hours of work throughout a year or 16 hours of work for each week (Rector & Johnson, 2004). Evidently, almost 75 percent of poor children would be lifted outside certified poverty status if work is provided in every family, that would increase the work hours to 2,000 for every year or comparable to 40 hours for each week all through the year (Rector & Johnson, 2004). In 2005, approximately 61 percent underprivileged families have no less than one worker; and of twice-poor families, 71 percent have no less than one worker. In view of the 1990s record job creation, the number of poor but working people declined to 8.5 million in 2000 from 10.1 million in 1993. In short, America is capable of dealing with poverty. But there have been vast stubborn concerns that have lodged the face of poverty. Mounting disparity in the labor market has increased the share of the working age poor citizens, and the unsympathetic federal minimum-wage laws that have amplified the numbers of poor people working year-round for full-time. In a country with a per capita Gross Domestic Product is exceeding the poverty line for a family of four, it is atrocious that there are still more than 12 million poverty stricken American children, and nearly 3 million people work around the clock, for one whole year who are still finding it hard to make ends meet. Facts Concerning the American Poor Sector Based on the American’s accepted definition of poverty, only a small number of the 37 million individuals fit the poor description, contrary to what the Census Bureau classified. Despite the fact that real material destitution undoubtedly does take place, it is limited in severity and scope. A number of America’s underprivileged lives in material conditions that would be considered as well-off or comfortable some generations ago. The following are information obtained from different government reports regarding people classified as poor by the Census Bureau: 1. Roughly 46 percent of the entire poor households actually own their individual houses (Rector & Johnson, 2004). The typical house owned by persons identified as poor by the Census Bureau is a three-bedroom house with a garage, one-and-a-half baths, with at least a patio or porch. 2. About 76 percent of underprivileged families have air conditioning in their houses (Rector & Johnson, 2004). By comparison, merely 36 percent of the entire population of the United States benefited from air conditioning 3 decades ago. 3. Only 6 percent of the underprivileged families are considered overcrowded, and not less than two-thirds of them have extra two rooms for every person (Rector & Johnson, 2004). 4. The typical poor American has more living space than the average individual living in Athens, Vienna, London, Paris, and other cities all over Europe (Rector & Johnson, 2004). 5. Practically three-quarters of poor families own an automobile, while 30 percent own at least two automobiles (Rector & Johnson, 2004). 6. Approximately 97 percent of poor households own at least one colored television, while half of the said percentage has at least two colored televisions (Rector & Johnson, 2004). 7. Roughly 78 percent own DVD or VCR players, while 62 percent have satellite or cable television reception (Rector & Johnson, 2004). 8. Around 73 percent of the poor households have microwave ovens, one-third owns an automatic dishwasher, and over half own a stereo system (Rector & Johnson, 2004). Further, as a group, America’s poor are far from being constantly malnourished. In fact poor children have usual protein intakes of 100 percent beyond the medically suggested levels and consume more meat than children of higher-income do (Rector & Johnson, 2004). Nevertheless, despite the fact that in general the poor are well-nourished, there are still several poor families who experience short-term distress due to food deficiencies. According to the United States Department of Agriculture, although most of the time the hunger is temporary, still 2.6 percent of poor children and 13 percent of poor families experience food shortage sometime during the year (Rector & Johnson, 2004). Approximately 89 percent of the poor account sufficient food to eat to their families, at the same time only 2 percent says they often do not have adequate food to eat (Rector & Johnson, 2004). Conclusion / Recommendations Following the United States government classification of poverty, the typical poor American people have a living standard far superior as compared to what the public envisions. Nevertheless, the typical poor person’s living conditions should not be taken to suggest that every poor American lives devoid of hardship. Millions of Americans are still continually struggling to hang on, making tough choices between housing, hunger and health care for their families. Economic inequality, income growth, and changes in family structure without doubt affected poverty trends over the latter half of the 20th century. Poverty in America can be readily reduced, if parents are provided with sufficient hours of work and if fathers are at all times present with their families. Although marriage and work are unyielding ladders away from poverty, the country’s welfare system uncooperatively continues to be unsympathetic to both. Foremost programs such as Medicaid, public housing, and food stamps keep on reprimanding marriage and rewarding idleness. Therefore, if welfare could be turned around to uphold marriage and work, the remaining number of poor family would quickly decrease. Further, as a matter of course, the United States has employed over the years job creation and economic growth to trim down poverty, but at present situation the courses are consequential only to the extent that inequality on wages is reduced. Poor people are generally not victims of themselves, but of appalling economic policies along with obstructions to opportunity. Since work generates income, it is important therefore that the government must provide a great increase in available working hours in different labor sectors for the poor. Along with the work opportunities, it is also important to eliminate economic inequalities based on gender, age, economic status, and many others in order to provide higher wages and higher incomes to the underprivileged sectors of the country. America is a nation with one of the most productive and strongest economies in the world. As such, the country must exert a continuing effort to fully utilize the abundance and therefore eliminate the country ’s alarming poverty rate.

Friday, January 3, 2020

Ludwig Van Beethoven, An Era Of The 19th Century European...

Ludwig Van Beethoven, (1770-1827) is a dominant figure of the 19th century European Classical music. He was born in Bonn, Germany, and spent most of his life in Vienna, Austria. Beethoven died at the age of 56, and his death was later found to have been caused by post-hepatitic cirrhosis of the liver, which provided clues to the origins of his deafness. His musical life is divided into three different periods: early, middle, and late. Opus 10 No. 3: Piano Sonata No.7 in D Major - First Movement (Presto) The early period of Beethoven’s composition extends from approximately 1794 to 1800. In this period, Beethoven seen as copying Joseph Haydn and Muzio Clementi, at the same time exploring his own style of music. Some important pieces from this period are the first and second symphonies, the first six string quartets, the first two piano concertos, and about a dozen piano sonatas. Deriving from Haydn’s examples, Beethoven’s early piano sonatas have structures ranging from the quite free forms, found in Op. 2 No. 2, to the clarity of form of Op. 22. The moods of the sonatas also vary from aggressiveness of the two C minor sonatas toe the playfulness of Op. 10 No. 2. Moreover, many of these sonatas have four movements, with the third generally termed â€Å"minuet† (slow) but occasionally â€Å"scherzo† (lively). Perhaps because of Clementi’s influence, Beethoven’s piano sonatas are the most original of his early period compositions. Characteristics of frequent use of octaves andShow MoreRelatedThe Romantic And Classic Ages Of European Music1015 Words   |  5 PagesMusic is widely considered to be the least rational of the arts, and thus the one least openly associated with fundamentals of the outside world; all the same, musicians of considerable significance have been both consciously and subconsciously molded by the environment in which they reside and as such they may interpret and bring the world to life in the language of music. The Romantic and Classic ages of European music can be simply put as the period of time between the deaths of Ludwig Van BeethovenRead MoreClassical Composers : Luigi Boccherini And Ludwig Van Beethoven1115 Words   |  5 PagesLuigi Boccherini and Ludwig van Beethoven are amongst some of the most well-known Classical composers of all time. They have contributed many works to the Classical Period and will forever be recognized and cherished as artists. Luigi Boccherini, born on February 19, 1743, was a Classical Italian composer and cellist. He was born into a musical family and at a young age studied in Rome, and later flourished under royal patronage. Beethoven, baptized on December 17th, 1770, was a German composer andRead MoreRomanticism in Music Essay1614 Words   |  7 PagesRomanticism in Music Romantic: of, characterized by, or suggestive of an idealised, sentimental, or fantastic view of reality#8230; concerned more with feeling and emotion than with form and aesthetic qualities. The Concise Oxford Dictionary, Eighth edition, 1991. The term romantic first appeared at sometime during the latter half of the 18th Century, meaning in quite literal English, romance-like, usually referring to the character of mythical medieval romances. The first significantRead MoreThe Golden Age of Islam2183 Words   |  9 PagesThe golden age of Islamic (and/or Muslim) art lasted from 750 to the 16th century, when ceramics, glass, metalwork, textiles, illuminated manuscripts, and woodwork flourished. Lustrous glazing was an Islamic contribution to ceramics. Islamic luster-painted ceramics were imitated by Italian potters during the Renaissance. Manuscript illumination developed into an important and greatly respected art, and portrait miniature painting flourished in Persia. Calligraphy, an essential aspect of written Arabic

Wednesday, December 25, 2019

The Security Systems Of Bank Solutions - 975 Words

Most organizations incorporate information technology of some kind. The most fundamental factor in the use of technology is appropriate security of the system and information that is transmitted. The confidentiality, integrity, and availability (CIA) triad is a framework designed to protect information from being disclosed, modified, or accessed by unauthorized parties (Hansen, 2012). Using the CIA model, the security systems of Bank Solutions (BS) were evaluated with proposed recommendations and implementation timeline. Security and Technology Concerns BS’s primary vulnerability is with back-up procedures and the ability to protect and retrieve the company’s information to efficiently conduct business. They lack a comprehensive security plan and do not have an enterprise-wide process for recovering disrupted systems and networks, and are at risk for not being able to resume normal operations when issues arise. It would be in their best interest to adopt a single system approach and consistent measures that reduce the impact of system disruptions and increase system availability. Strategy to Mitigate Security Vulnerabilities The action plan in this paper, based on the risk assessment, focuses on minimizing negative impact to BS’s business operations. Overall, implementation a cloud-based backup solution would address their security vulnerabilities and the recommended steps needed to accomplish this project are as follows: †¢ Review risk assessment and action plan with keyShow MoreRelatedInformation Technology And Security Gaps Of The Bank Solutions Inc.1457 Words   |  6 Pagesclarify that information security is an important asset to any organizations regardless of its size. To be more precise, information security is much important for financial institutions like Bank solutions Inc. whose main priority is to protect the confidentiality, integrity and availability of assets, individuals, information and information systems. Purpose The main purpose of this paper is to elaborate on the information technology/security gaps of the Bank solutions Inc. Disaster Recovery/BusinessRead MoreFinancial Institutions in Pakistan Face Security Challenges Essay623 Words   |  3 PagesInstitutes are facing large security challenges as they confront a changing threat landscape, managing the complex password policies and counterstriking the password hacking by social engineering/online tools and the shift towards greater mobility are quite challenging tasks for IT professionals. NIB Bank is the largest foreign bank in Pakistan in terms of its branch network and one of the largest corporate entities of the country with a paid up capital of Rs.103 billion. The Bank through its banking footprintRead MoreImplementing An Exclusive Audit On Bank Solutions Operations And Process Protocols Essay1692 Words   |  7 Pages Having done an exclusive audit on Bank Solutions’ operations and process protocols, several security loopholes were realized and inevitably are great threat-posing factors to the institution. Responsively, new technology and security measure have to be implemented in order to fill the gaps and heighten security standards in order to enhance customer privacy, information protection, the institution’s credibility and generally adherence to the standard security policies and controls. The technologiesRead MoreWhat Is The Host-Based Intrusion Detection System?1194 Words   |  5 PagesOne positive quality uncovered by the inspectors was the vigorous host-based intrusion detection system (IDS) that encompassed a thorough incident logging and reporting resource that was implemented by Bank Solutions. However, nothing was established regarding guidelines, policies or the DRBCP that would focus on managing security incidents, actions to take, or point of contacts to connect in case of incidents. A policy is simply an all-purpose proclamations or administrative instruction intendedRead MoreInformation Technology And Security Gaps1357 Words   |  6 PagesInformation technology /security gaps identified It was noted that with the aid of an external consultant, Bank Solutions had their current data center DRBC Plan written down in the year 2007 and was last tested in the same year. The testing was a shallow table-top walk-through with no intensive assessments to ensure dependability and compliance to industry standard security frameworks. The plan has taken long before being updated hence some elements of the plan may not be adequately addressed asRead MoreExternal Security Risks Associated With Internet Banking Essay969 Words   |  4 PagesExternal Security Risks associated with Internet Banking Introduction In recent years, The Internet Banking, namely, online banking means the transitions of banking activities including checking account information and payment of bills through the website (Singhal and Padhmanbhan, 2008; Ahasanul et al, 2009) is popular in the worldwide. Abdou (2014) shows that in the UK, the number of online banking user was increased from 63% to 70% between 2011 and 2012, and 47% of Americans used online bankingRead MoreInformation Technology And Security Gaps1344 Words   |  6 PagesInformation technology/security gaps identified. It was noted that with the aid of an external consultant, Bank Solutions had their current data center DRBC Plan written down in the year 2007 and was last tested in the same year. The testing was a shallow table-top walkthrough with no intensive assessments to ensure dependability and compliance to industry standard security frameworks. The plan has taken long before being updated hence some elements of the plan may not be addressed wholly as purposedRead MoreBank Solutions Inc. Security Plan Essay1691 Words   |  7 PagesIntroduction Bank SolutionsInc. is in need of a tailored IT security plan for strategic advantage, regulatory compliance, and risk mitigation. As an organization that relies on IT for innovation and technical advantage, it is essential to invest in necessary security controls. This will ensure the infrastructure supports a layered security posture to detect, deter, eliminate or reduce as many vulnerabilities and exposure as possible. It is the responsibility of executive management to determineRead MoreThe Protocol Of Operations Of Bank Solutions Essay1476 Words   |  6 PagesAbstract After the assessment and audit carried out on the protocol of operations of Bank Solutions, we identified uncontrolled access to event logs as one of the biggest security threat factor the institution is currently faced with. It goes without saying that as a result of this phenomenon, the institution’s information is at a great risk of alteration and even access by external entities. As a result, consumer protection is far from being guaranteed, as well as privacy policy being highly compromisedRead MoreDisaster Recovery And Business Continuation Pl Security Gap Analysis Essay1358 Words   |  6 PagesRecovery and Business Continuation Plan: Security Gap Analysis Arlecia Johnson October 31, 2016 Information technology/security gaps identified. It was noted that with the aid of an external consultant, Bank Solutions had their current data center DRBC Plan written down in the year 2007 and was last tested in the same year. The testing was a shallow table-top walkthrough with no intensive assessments to ensure dependability and compliance to industry standard security frameworks. The plan has taken long

Tuesday, December 17, 2019

Child Poverty Is A Harsh Condition - 1261 Words

Children in Poverty in Las Vegas Poverty is a harsh condition which is relentless at any given age. The difference among poverty in children and poverty in adults is that poverty in children could leave effects impacting the children for the rest of his life. Southern Nevada, specifically the Las Vegas Valley has one of the highest rates in children poverty of the nation. According to Talkpoberty.org in the state of Nevada itself, one in every four kids live in poverty. The issue of child poverty is one which the majority of Nevadans don’t take into consideration. Child poverty is an issue which affects the children in all aspects of his life and leaving life lasting impacts. For more than a decade the state of Nevada has struggled with the issue of poverty in general, furthermore it has majorly struggled with the issue of child poverty. Ever since the recession of 2008 we have seen increments in the number of poverty in general, in which more children continue to seem affected. Furthermore the poverty levels seem to continue to increase â€Å"The number of children living in poverty in Nevada is at 23 percent, up from 15 percent in 2008† (Rise in Poverty). The high levels of unemployment in parents seem to be the most influential issue that sets families under the poverty line. â€Å"Similarly the number of children whose parents lack stable jobs has risen 6 points to 32 percent† (Rise in Poverty). Children seem to be greatly affected by poverty in the academic aspect. Kids areShow MoreRelatedEffects Of Poverty On Middle Childhood Development1403 Words   |  6 PagesPoverty can have a strong influence on various kinds of development throughout middle childhood. It can alter socioemotional development, cognitive development, and physical health. (Evans, 2013). Parenting practices, neighborhoods, and overall environment play a significant role regarding to the emotional and physical health during development in middle childhood. Disruption with physical and emotional health could potentially cause harm to the child. In this essay, I will explain how poverty affectsRead Moreâ€Å"When People In The United States Think Of ChildrenS Rights1722 Words   |  7 Pagesthink of children in third world countries who are victims of abusive child labor practices or insurmountable poverty† (Wilson 1). However, in reality it is not just in third world countries, it is also in the Un ited States. From the American colonial period till the mid nineteenth century, child labor has been an important issue. It has taken many years to come to an agreement of the definition of child labor. One way to define child labor is: â€Å"All forms of slavery or practices similar to slavery, suchRead MoreCauses and Solutions to the Problem of Child Labor922 Words   |  4 PagesEvery year on 12 June, people around the world celebrate the World Day against Child Labour, a day dedicated to the goal of creating a world in which children everywhere can grow up without the threat of being forced into child labor. An estimated 246 million children are engaged in child labor, with nearly 70 percent of them (about 171 million) working in hazardous conditions, including work in mines and quarries, work with chemicals and pesticides or with dangerous machinery. â€Å"Children as youngRead More`` The Pale Face Of A Young Woman `` By Charles Dickens974 Words   |  4 Pagessurvive. Pove rty was a force that struck Victorian England with all of its might. Poverty is the state of being extremely poor and unable to provide for oneself. Trials and tribulations that one who is poverty stricken may encounter are vividly demonstrated in Charles Dickens’ novel Oliver Twist. Questions to consider when trying to understand this common lifestyle during the Victorian Era would be who lived in poverty, what was their lifestyle, and what were their living conditions. Since poverty wasRead MoreTroubling Issues of Child Labor in Between Shades of Grey by Ruta Sepetys597 Words   |  3 Pagestroubling issue of child labor. The extent of child labor in a country is directly linked by the nature and extent of poverty within it. Child labor deprives children of their childhood, their potential and their dignity. It is detrimental to physical and mental development. Today, there are an estimated 246 million child laborers around the globe. This irritating social issue is not only violates a nation’s minimum age laws , it also involves intolerable abuse, such as child slavery, child traffickingRead MorePoor Living Conditions Essay976 Words   |  4 PagesIndia Belton Essay 2 English 1010 July 27, 2013 Professor Long Poor Living Conditions Affects Children While most people live their day to day life, there are some children living in poverty. Living in these types of living conditions can influence the mental health of a child. Children living in poor quality environments can be a lasting effect on their life. Adults are often affected by poor living conditions because of the financial strain on them; not being able to provide for their familiesRead MorePoverty And Its Effects On Children942 Words   |  4 Pagesfunctioning and physical health, yet poverty provokes this from occurring and children face poor health. Children living in poverty are at immense risk for their development, health and overall well-being. According to Komro, 2011, the absolute rate of poverty among children is higher in the United States than in other industrialized nations. Nationally, One in five children are living in poverty (Raphel, 2014). Malnourishment is one of the numerous outcomes from poverty; children are suffering each dayRead MorePoverty And Its Effects On Children945 Words   |  4 PagesPOVERTY MALNOURISHMENT Childhood and adolescence are expected to be the times of great functioning and physical health, yet poverty provokes this from occurring and children face poor health. Children living in poverty are at immense risk for their development, health and overall well-being. According to Komro, 2011, the absolute rate of poverty among children is higher in the United States than in other industrialized nations. Nationally, One in five children are living in poverty (Raphel,Read MoreChinas High Dependence On Child Labor1677 Words   |  7 PagesChild labor is a commonplace in China. Most of the children in China, families work income is dependent on their family’s survival. Child labor is a major issue throughout the global economy, especially in developing countries like China. Although, China has anti-child labor laws, many children in China are forced to work against their will. China is the home of many poor families and some of these families force their children to work beca use of their struggle with poverty and their lack of incomeRead MoreThe Value Of A Life1415 Words   |  6 PagesSullivan Professor Janice Shiu GOVT 35 23 September 2014 The Value of a Life Countries less privileged than America face the reoccurring issue of being taken advantage of. This occurs because these countries have high unemployment rates and are in poverty so they are given jobs through American factories. This process, though, is not always a fair one. Haiti and China are both countries with bad labor regulations, usually by American influence, and this hurts the welfare of these countries as a whole

Monday, December 9, 2019

Analyze Of Using Social media for Bbusiness †MyAssignmenthelp.com

Question: Discuss about the Analyze Of Using Social media for Bbusiness. Answer: Effectiveness and usefulness of the learning experience for me This research report is effective to analyze the advantages and disadvantages of using social media for business. I have learned that social media site allows the company to enhance the communication process and increase the productivity level. In this way, it can be evaluated that social media site disseminates the information among a separate set of employees in an efficient manner[1].This learning experience was useful for me to implement social media strategy in different organizations. I have also pointed that project scope is wider as it provides the information regarding advantages and disadvantages of using social media practices. Usefulness of learning process for me I have gained my learning experience in different ways. I can apply this knowledge and insight into future. This research has increased my knowledge regarding thetype of social media. In this way, it can be evaluated that a platform like Facebook is a kind of social media which is used to develop the business and also create awareness of company through social media[2].Along with this, I have observed that Google+ is another platform that can increase the transaction of the company on social networking sites and also provides further benefit to the company. This learning experience could be beneficial for me to use this platform in an organization. As a result, I can improve my personal and professional career. I have increased my understanding about social media platform. In this way, it can be evaluated that Twitter is another social media platform that can be implemented by the corporation to spread the different kinds of news flash associated with businesses[3].This knowledge can be applied to me to promote the brands through Twitter in future. I have analyzed that Instagram is now owned by Facebook which aids me to build the visual type of storytelling as well as helps to attract a large number of consumers. Consequently, it would be beneficial to get business growth and success. Objectivity of the learning process I did different activities to gather the information about the advantages and disadvantages of using social media in business. I read that compelling and essential content will aid me to pull the attention of potential consumers and also gain more brand transparency. This can be effective for to grow my career. I have also read that social media content can indirect increase the websites based content. Moreover, I have observed that social media appears the different type of universal search results. It enables me to make further improvement to search traffic and increase the online revenues of the company. Learning Experience Business Research was useful for me to conduct the further research. Through this research, I have observed that consumer can also access through a separate set of new media. As a result, I am competent to build the loyalty among customer towards the brand. This business research is also significant for me to consider disadvantage of using social media as it would be beneficial to make effective marketing strategy. It is evaluated that social media can be used for declining goodwill for example; if a customer provides negative comment then it can damage the companys goodwill[4]. Through this business research, I have considered different points regarding social media. In this way, it can be determined that business can build the strong presence on a different channel of social media. But, I have also pointed that there is no platform that will aid corporation to increase more customers without the proper investment of time and efforts. This learning experience is significant for me t o make a judgment regarding social media. Learning process I did different activities in assignment 1 and assignment 2. These activities are research question and hypothesis, research design and methodology, research limitation and time schedule. Further, I have learned that research question is made to meet the research objective in an effective manner. Along with this, I have learned that research hypothesis is made for assessing the relationship between two variables named independent and dependent variable. This learning experience could be beneficial for me to develop the hypothesis in further research. I have also developed my understanding regarding qualitative and quantitative research. In this way, it can be evaluated that qualitative research is used to gather the non-numeric information regarding research topic[5]. It is analyzed that qualitative data can be gathered from different previous cases in which social media has helped or adversely impact on the performance of the organization[6]. Further, I have learned that quantitative research is beneficial to gather numeric based data that can be analyzed through statistical method. It is analyzed that these data are gathered from the questionnaire, survey, and polls. It can be either descriptive or experimental in nature[7]. Application of learning in future This learning will be applied by me within an organization to build an effective digital marketing strategy. It could be beneficial to improve the productivity and profitability of the company as I can become a good marketing manages in future. This can not only meet my short term goal but also beneficial to attain my long-term goal such as to become a successful entrepreneur. From this research, I have learned that there are different limitations of research. These limitations are lack of generalization, inappropriate action, and lack of technology[8]. I have also developed my understanding about the time schedule. In this way, it can be evaluated that time schedule is beneficial to understand the activities that will be performed and also define its duration[9]. Consequently, I am able to implement this strategy to complete the project in a specified time period. References Bolton, R. N., Parasuraman, A., Hoefnagels, A., Migchels, N., Kabadayi, S., Gruber, T., ...Solnet, D. (2013). Understanding Generation Y and their use of social media: a review and research agenda.Journal of Service Management,24(3), 245-267. Bryman, A. (2015).Social research methods. USA: Oxford university press. Leonardi, P. M., Huysman, M., Steinfield, C. (2013). Enterprise social media: Definition, history, and prospects for the study of social technologies in organizations.Journal of Computer?Mediated Communication,19(1), 1-19. Nielsen, R. K., Schrder, K. C. (2014). The relative importance of social media for accessing, finding, and engaging with news: an eight-country cross-media comparison.Digital journalism,2(4), 472-489. Okazaki, S., Taylor, C. R. (2013). Social media and international advertising: theoretical challenges and future directions.International marketing review,30(1), 56-71. Trainor, K. J., Andzulis, J. M., Rapp, A., Agnihotri, R. (2014). Social media technology usage and customer relationship performance: A capabilities-based examination of social CRM.Journal of Business Research,67(6), 1201-1208. Whiting, A., Williams, D. (2013). Why people use social media: a uses and gratifications approach.Qualitative Market Research: An International Journal,16(4), 362-369. Zeng, B., Gerritsen, R. (2014). What do we know about social media in tourism? A review. Tourism Management Perspectives,10, 27-36

Monday, December 2, 2019

Parallel Themes in the Great Gatsby and Winter Dreams free essay sample

He is so focused on pursuing his dream of wealth that the means by which this wealth is produced do not matter. Green’s pursuit of wealth is not quite as successful. Having earned his money through legitimate sources and hard work, he does not allow himself to feel comfortable around the very people he once aspired to befriend, thinking that this new status is purchased, rather than deserved. Neither man finds personal fulfillment through their wealth and status. Another similarity between Gatsby and Green is that they each fall in love with the beautiful and ignorant rich girl, who does not return the same affections. Gatsby uses his illegally gained wealth to impress his former girlfriend, Daisy Buchanan, who married another man while Gatsby was at war. She entertains his pursuits, but only until it was not beneficial to her to do so. Green also uses money to impress Judy Jones, a manipulative woman with a constantly rotating cast of various boyfriends. We will write a custom essay sample on Parallel Themes in the Great Gatsby and Winter Dreams or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page However, Green’s wealth is exaggerated, and eventually he also loses the woman he loves to another wealthy suitor. Gatsby and Green only want their love to be returned, when instead the objects of their affections leave them once the novelty of having a lover has worn off. The shared themes in The Great Gatsby and â€Å"Winter Dreams† manifest in the parallel characters of Jay Gatsby and Dexter Green. Each protagonist comes from a simple background, yet yearns for more in order to impress the woman that he loves. These women come from wealthier families, and they also manipulate others in order to get what they want. Although both Gatsby and Green achieve their dreams of wealth and status, neither finds the personal fulfillment that he was looking for. Somewhere along the road to success, these men forgot that money cannot buy true happiness.