Thursday, August 27, 2020

Vidal Business Strategy Overconfidence

Vidal Business Strategy Overconfidence Presentation During the yearly marketable strategy meeting with respect to the shower gel brand Vidal, it was chosen for 2017 to decay the 1+1 promotion amounts with an end goal to accomplish better productivity versus a year ago. From the contentions that were introduced, I accept that the group has overestimated the likelihood for the last situation to occur, since the choice may has been affected by presumptuousness. The point of this report is a) to introduce contentions that legitimize the last mentioned, b) to distinguish the wellspring of this inclination and c) to suggest de-predisposition procedures that will be demonstrated valuable additionally for what's to come. The case Vidal, in a brief timeframe turned into the third player into the section, with a nonstop development. A year ago it picked up +3.5 focuses as far as piece of the overall industry and a +30% expansion in esteem deals. Directors pointed that the key drivers of accomplishment were: a) the extraordinary incentive for cash item b) the most noteworthy pace of 1+1 promotion power c) the speculation on dispersion and customary publicizing. The group presumed that the target to infiltrate the market was finished and there is a chance to accomplish better gainfulness and ROI toward the finish of 2017. This could occur by a 20-25% decrease in 1+1 promotion amounts. Following this methodology, directors evaluated that they can hold at any rate a years ago worth deals, which in blend with the lower cost of selling products will improve the brands productivity. The best partner that will bolster the last is items greatness and buyer devotion. All the more explicitly, they thought about that the mix of items low value (2ndlowest) and quality is interesting to such an extent, that by diminishing the 1+1 promotion, shoppers will be coordinated towards the ordinary item. In addition, after the conveyance extension the group assessed that the items predominance versus rivalry will pull in new buyers. I feel that the two situations are arrogant and their probabilities ought to be reconsidered for the accompanying reasons. At first, the discoveries of a subjective exploration demonstrated that Vidal is an incentive for cash item, yet at the same time needs terms of bundling. Most buyers considered the bundling as antiquated and associated it with Private Label. Also, they showed some pragmatic issues during the utilization which are skilled to control the two clients experience and perceptional quality. From a quantitative viewpoint, it was seen that 55% of Vidals incomes were created from the 1+1 amounts though the customary item introduced a sharp increment in 3 out of 5 changes, mostly on account of conveyance development and not from picking up buyers from different players. Private Labels are pioneers into the portion while in 2016 introduced a considerable development. From the information report, I saw that the subsequent player had around - 40% lower cost during certain periods that are not upheld from their 1+1 promotion wave. From the last I speculate that they may put resources into value decreases so as to oblige PLs development since they are increasingly costly. As a result I might want to underline that: Private names are developing fundamentally in a value delicate section. Possibly by lessening 1+1 amounts we may push our customers towards them, since we are exceptionally associated and increasingly costly. Palmolive may has understood the danger of PL and might has adjusted its technique by offering value decreases. The activity to lessen our venture under these conditions may likewise outpouring customers towards them. I believe that the group has overestimated the normal items upper hand contrasted and rivalry and belittled the significance of 1+1 promotion. I accept that the wellspring of this predisposition is created by the groups inspiration to improve benefits since its a key exhibition pointer for both the companys and chiefs development. During this exertion chiefs realized that isn't achievable to build interest so as to support deals and thus they considered a cost decrease methodology. The underlying input about the generally excellent outcomes may helped their certainty, while the way that the brand has encountered just victories may obliged them to think about elective situations. So as to improve the dynamic procedure I might want to suggest a few methods of diminishing arrogance. The first is connected about the significance of counter-argumentation. This implies directors when taking a choice ought to consider reasons why this choice may turns out badly. On the off chance that the last is troublesome, at that point they could ask from untouchables to communicate their sentiment. For instance for our situation before endorsing the choice all the colleagues is prescribed to list various reasons why the 1+1 decrease couldn't prompt expanded productivity. In the event that that nobody could consider any explanation at that point, the Sales power ought to give some contribution, since they have phenomenal feeling of the market and its elements. Furthermore, I would show the significance of criticism. The organization is working since 1970 while is comprised structure experienced and new individuals. It is an extraordinary chance to abuse the companys information by making a contextual analysis library that will have all the companys past victories and disappointments. When a year we could arrange the Sarantis-Training-Academy, in which administrators will be doled out with cases, and they will be approached to give their contribution to every system by allocating probabilities about their supported speculation. Subsequently, they will be educated about the genuine result and directors will know whether they are careless or not. At last starting now and into the foreseeable future, I suggest that the Brand supervisor ought to be responsible for each choice. After each field-tested strategy meeting he will be capable to introduce the recommendations on the top managerial staff. The way that he should introduce the plans to seniors and experienced individuals may assist him with enhancing both self and gathering analysis and decreasing presumptuousness. End The promoting group may has overestimated the likelihood of their situation with respect to the brands methodology of 2017, though this time has ignored additionally the standardizing approach. The brilliant dispatch in blend with the way that Vidal has encountered just triumphs may supported the degree of certainty. So as to improve the choice procedure this report has proposed 3 debias methods (criticism, consider-the inverse and responsibility) that as indicated by the conduct research appear to wipe out carelessness. Part B Presentation Pomposity may be demonstrated an injurious component for the dynamic procedure since it doesn't just brings out individuals to overestimate their probabilities about the supported situation however it likewise can cause cataclysmic outcomes. For instance, in an investigation that analyzed the impact of pomposity on newsvendors conjectures, demonstrated that the higher the arrogance the quicker the benefit misfortune (Crosson and Ren, 2009), while these days carelessness is by all accounts a key driver for some, fire up disappointments. This report depends on past investigations, and expects to underline the makes that activated carelessness the Vidals advertising group while in equal is centering to give a progression of debiasing methods with an end goal to dispose of its impact. Arrogance and Success In Vidals case I feel that the fruitful dispatch among with the wide acknowledgment of the groups endeavors, may have helped their degree of certainty. This connection among progress and pomposity has part of similitudes with the instance of Ducati. All the more explicitly, in 2003 Ducati entered the bike hustling circuit MotoGP without having elevated requirements. During this exertion, the group was concentrating on information investigation and was gathering ceaseless criticism from the drivers for its improvement. Toward the finish of the primary year, Ducati outperformed each desire and assembled the second spot, though for one year from now the group focused on the first spot. This time the separated point was that the group quit looking profoundly into the information and accepting criticism. They thought about that now their experience was sufficient so as to make a far superior motorbike. When a colleague demonstrated you investigate the information to comprehend whats turning out badly and not why you are performing admirably. The following year Ducati didn't secured desires and performed surprisingly more dreadful than the earlier year. (Gino and Pisano,2011). Thus, as on Ducatis case, it is surprising how the Vidals advertising group after its effective dispatch didnt look profoundly into the information, since so far it was a key standard earlier making any move. Moreover, the group appeared to be presumptuous about their expectations as well as about the items qualities and execution. There are discoveries which show that achievement can motivate pomposity. For instance in an ongoing report, Hilary and Menzly (2016) found that examiners turning out to be pompous when they accomplish exact conjectures as they will in general depend more on private data and to disregard markets response. As an outcome they perform less exact forecasts later on. Also, when a broker accomplishes fruitful exhibition he gets careless as he will in general modify his perceptional aptitudes higher than the normal. The last leads him not to utilize significant data despite the fact that he may has a decent database (Gervais and Odean, 2001). Walter and Ferrier (2004) expressed likewise that achievement could create pomposity while it makes chiefs narrow minded on new possibilities. Since, achievement rouses arrogance, it is significant for administrators to inspect and comprehend the reasons for progress (Gino and Pisano,2011). Definition and Sources of Overconfidence Plous (1993,p.217) expressed that no judgment choice is more pervasive and more disastrous than arrogance. So as to help this basis in his book are a few instances of the negative outcomes of presumptuousness. One

Saturday, August 22, 2020

Force generated by a muscle Essays

Power produced by a muscle Essays Power produced by a muscle Essay Power produced by a muscle Essay Assess Force-Angle Relationships using EMG and Force Measurements Q1. From the single normal informations [ table 1 ] we got by normalization ( As % of Maximum using as cleanser esteems: FORCEmax=117.2 N, EMGmax=306.8 millivolt ) the balanced single informations [ table 2 ] . Q2. Electromyography is the procedure for entering changes in the electrical intensity of a musculus when it is caused to shrink by an engine nervus ask ( Barlett, R.1997 ; 228 ) The EMG signal profile and in actuality the EMG is the electrical sign profile distinguished by a cathode on a musculus. At the end of the day is the progression of the activity power of the external muscle-fiber film ( the sarcolemma ) . [ 3 ] : Power produced by a musculus is dictated by two boss factors: the figure of engine units ( MUs ) effectively invigorated at a similar clasp and the frequence ( terminating rate ) at which the MUs are terminating. Other than the abundancy of the EMG signal relies upon both the figure of dynamic MUs and their fire rates. Since both EMG plentifulness and power expansion as an impact of similar instruments, it is normal that musculus power can be evaluated from surface EMG examination. This is non rather obvious yet only in isometric withdrawals, where musculus electrical action and musculus power have a similarly added substance relationship. [ 3 ] This is the main ground why EMG is the strategy for pick for power examination. Q3. Utilizing Normalized EMG and Joint Angle data from [ table 2 ] , the mentioned chart is appeared underneath [ diagram 2 ] Assess Force-Angle Relationships using EMG and Force Measurements Q4. From the line informations for the entire gathering we ascertain the normal standardized qualities as in [ table 3 ] . Utilizing informations for Max isometric power and EMG from [ table 3 ] , the mentioned diagram is chart 3 underneath. Q5. Assess Force-Angle Relationships using EMG and Force Measurements Assess Force-Angle Relationships using EMG and Force Measurements Q6. Utilizing the free-body graph ( fig. 1 ) at a conventional edge? we sketch the powers proceeding onward the lower arm during flexure against a known resistance. These powers are the resistance R, the mass of the lower arm G, the endeavor E of the musculus and the joint response power Fj. The joint response compel as go throughing from the focal point of rotating movement has no part to the moment at the joint and thusly is disregarded. Accepting latent harmony at each point, the measure of minutes proceeding onward the lower arm at the cubitus peers zero: SMj = 0 Mj = ME MR MG [ 1 ] MR = R Lf mischievousness? [ 2 ] , where Lf is the length of the lower arm. MG = medium recurrence g LCM mischievousness? [ 3 ] , where LCM is the separation of the lower arm s focus of mass from the joint and medium recurrence is the mass of the lower arm and manus. ME = E? LE where E? is the rotational constituent of the endeavor E. ME = E LE sinf [ 4 ] , where degree Fahrenheit is the edge between the long pivot of the lower arm and the line of utilization of the endeavor power and LE is the endeavor arm ( typical separation between the purpose of introduction of the musculus on lower arm and the joint ) . Subbing the different minutes [ 2 ] , [ 3 ] , [ 4 ] in condition [ 1 ] we acquire, using the shows of the imprints: Mj = E LE sinf Roentgen Lf devilishness? medium recurrence g LCM fiendishness? [ 5 ] To figure the Torque using condition [ 5 ] we should cognize Lf, LE, LCM, degree Fahrenheit, medium recurrence ( R, E and? known, g = 9.81 ms-2 ) . Condition [ 5 ] figures the torsion using latent balance at each edge and assuming that the length of the musculus stay unchanging as joint point changes, which is non valid. For an increasingly precise calculation we other than need to cognize the connection between constriction power and obliged musculus length. Assess Force-Angle Relationships using EMG and Force Measurements Q7. Normalization is the numerical look of the sufficiency of the EMG signal as a proportion to the plentifulness of a constriction esteemed to be maximal ( top EMG from an isometric maximal deliberate compression ( MVC ) of a similar musculus ) . EMG signal has an unpredictable nature and the record that just the figure of dynamic engine units and their fire rates can affect it is semplicistic. In world anatomical, physiological and capable components have impact on the electromyographical signal. In a reappraisal of such factors ( De Luca, 1997 ) assembled them as causative, moderate and deterministic. A portion of these variables are: musculus fiber width, figure of musculus filaments, terminal skin interface, signal molding, figure of dynamic engine units, tissue entirety, good ways from skin surface to muscle fiber, musculus fiber conductivity speed, musculus blood stream, basic cathode separating, fiber type and area, engine unit terminating rate. [ 2 ] As a result of the above variables furthermore for grounds of direct contrasting of EMG signals recorded and flags from a similar musculus on various events or from various musculuss and various people we use standardized EMG flags rather than total qualities. Notices Barlett, R. ( 1997 ) Introduction to Sports Biomechanics, Taylor A ; Francis e-Library, 2002. Carl J. Payton, Biomechanical Evaluation of Movement in Sport and Exercise, Taylor A ; Francis e-Library, 2007. Hamill, Joseph ; Knutzen, Kathleen M. , Biomechanical Basis of Human Movement, third Ed, Lippincot A ; Wilkins, 2009.

Friday, August 21, 2020

Blog Archive Friday Factoid Sloans Charity Auctions

Blog Archive Friday Factoid Sloans Charity Auctions Twice a year, in the fall and in the spring, MIT Sloan students organize charity auctions. Each “ocean” (the 60-person cohort with which students take their first-semester core classes) selects a charity to support and identifies items to be auctioned, from lunch with a professor to a home-cooked meal by a student to more unusual offerings, like having a professor chauffeur you to class in his classic car. First-year oceans compete to see which one can raise the most money, and second-year students organize a similar auction. All together, the auctions raise close to $100K per year for such charities as the California Wildfires Fund and Children of Uganda. The 2008 beneficiary of the auctions was the Friday Night Supper Program (FNSP), a Cambridge-area nonprofit organization that serves free meals to approximately 200 guests every Friday, which received over $8K.   In 2009, the oceans raised between $4K and $16K each for such charities as Community Water Solution, the Susan G. Komen Race for the Cure, The Wellness Community of Greater Boston, and St. Jude’s Children’s Hospital.    Items up for bid included shaving a classmate’s moustache; access to a classmate’s beach house in Brazil, another in the Dominican Republic and another in the Cayman Islands; three female classmates coming to class dressed in Hooters costumes; an afternoon with an interior decorator redoing your apartment; and a VIP package at a local pub. As you submit your application to Sloan, you may want to also consider what you can offer up for the auction and start preparing your bids! Share ThisTweet Friday Factoids Massachusetts Institute of Technology (Sloan)

Monday, May 25, 2020

The Bloody Slaughter On The Slaughter Essay - 1674 Words

â€Å"In twelve seconds or less, the knocked cow — unconscious, semiconscious, fully conscious, or dead — moves down the line to arrive at the â€Å"shackler,† who attaches a chain around one of the hind legs and hoists the animal into the air.†(Foer 117) Foer’s vivid description of the bloody slaughter on the killing floor reveals the cruelty in the animal industry and evokes criticism of inhuman treatment and the terrible circumstances animals live in. During class, some of us reached an agreement that massive slaughter of animals raised for meat is unethical and should be condemned, while eating meat from animals that have peacefully passed away seems acceptable. In both situations the animal is dead, so I start to wonder what really differentiates these two cases. Does dying painlessly really matter? In this paper, I would like to explore death and humanity in killing animals by investigating a fundamental question: for animals, what’s th e difference between painful dying in the slaughter houses and being killed in nature by predators? Compared to killing in slaughter houses, hunting and being hunted are common in nature. For instance, prairie dogs, who depend on the white-tailed jackrabbit as a food source, bloodily kill hundreds of rabbits everyday. However, for those poor rabbits dying miserably and painfully, we never question the ethics, nor do we try to stop prairie dogs from killing them; instead, we call it natural selection. We justify this instinct ofShow MoreRelatedThe Story of the Crusades1082 Words   |  5 PagesCrusades were a bloody war that the church deemed holy and necessary for salvation of the knights soul. The Crusades are a highly controversial and very dark stain on the Catholic church and Hierarchies past. The war was brought to the church from there Roman allies who they had tense dealings with. The where seeking aid in the fight against the muslim turks. The church decreed there act holy and justified. The people who were under the churches thumb had no objections to the slaughter that their belovedRead MoreGrendels Monstrosity747 Words   |  3 Pagesit is said of Grendel that, â€Å"Grendel hunted when they slept† (Beowulf 2: Line 56). None can say that someone is innocent of slaughter when they wait until the dead of night, when their targets are asleep, to bring them to an even deeper sleep. It is extremely evident that Grendel knew what he was doing and how to kill, but it is even more evident that he enjoyed the slaughter. â€Å"The monster s thoughts were as quick as his claws: He slipped through the door and there in the silence snatched up thirtyRead MoreDeath And Humanity Of Animals Essay1677 Words   |  7 Pages† who attaches a chain around one of the hind legs and hoists the animal into the air.†(Foer 117) Foer’s vivid description of the bloody slaughter on the killing floor reveals the cruelty in the animal industry and evokes criticism of inhuman treatment and the terrible circumstances animals live in. During class, some of us reached an agreement that massive slaughter of animals raised for meat is unethical and should be condemned, while eating meat from animals that have peacefully passed away seemsRead More Canadas Shame Essay707 Words   |  3 Pagessealsamp;#8217; birthing season, has been denounced for years as amp;#8220;Canadaam p;#8217;s Shame.; nbsp;nbsp;nbsp;nbsp;nbsp;The senseless slaughter of seals springs from the profit they bring, the use of their pelts for coats, and other products. It has been proven though, that other products can be used in place of sealskins and pelts but still the slaughter continues. There is also the claim that seals are contributing to the depletion of the cod stock due to high fish consumption. The validityRead MoreSummary Of Hamlets First Soliloquy In Act 1782 Words   |  4 Pagesother option given in the first sentence of the speech is â€Å"self-slaughter†. He laments that God has banned him from taking his own life, and his despondency ultimately stems from the inability to control his destiny.Such violent word choice has quite the negative connotation, and reveals a bit of Hamlet’s underlying savagery. Unlike the gentle slide of melting and settling, slaughter involves bloody decimation. Often, the word slaughter is used in reference to cattle. This could imply that Haml et feelsRead MoreMacbeth Is a Play About Loss Essay790 Words   |  4 Pageshis very nemesis. Macbeth loses his conscience after murdering King Duncan, sold his soul to the devil and loses his life to his acts of evil that doomed him. By the end of the play, Macbeth loses all his humanity and transforms into a ‘ruthless’, bloody ‘butcher’ who has changed drastically from the â€Å"noble† and â€Å"valiant† warrior he once was because he loses his human characteristics of conscience and remorse. Macbeth loses his conscience after murdering King Duncan. Initially, Macbeth is consumedRead MoreEssay on Hamlet1352 Words   |  6 Pagesover analytical character that impedes him from taking any significant action. By constantly questioning every aspect of a possible action, Hamlet ultimately finds a reason no to act. He is constantly contemplating on the possibility of self-slaughter. This is evident in his soliloquies and disregard towards life. Hamlet expresses his sentiments, regarding the fact that his dear mother married his uncle only two months after the death of his father, by saying these lines: â€Å"O, that thisRead More Escherichia coli 0157:H7 Essay examples1059 Words   |  5 Pagesoutbreak of gastrointestinal illness. The organism is also called enterohemorrhagic E. coli (EHEC) because it causes abdominal pain with diarrhea that may contain blood. It lives in the intestines of healthy cattle and can contaminate meat during slaughter. It is believed that the widespread use of antibiotics by American farmers has promoted the horizontal gene transfer of antibiotic resistance genes and pathogenicity islands that has led to the creation of new pathogenic strains such as E. coli 0157:H7Read MoreLord Of The Flies Reflection Essay867 Words   |  4 Pagesand function like a normal society. However, as the novel progresses, we see the boys slowly revert to savagery at different paces. One of the first examples we face is when Jack kills his first pig, before that point he could not bring himself to slaughter one. But when he does, it proves that he is gradually changing as a person. Ralph, the protagonist and leader, faced many challenges as the novel advanced, but his first, and biggest issue was dealing with Jack. After losing the election, Jack wasRead MoreThe Unknown Slaughter : Animal Slaughter1945 Words   |  8 PagesXandria Minnitt Eng. 132 Sec. 1 Dr. Deal Spring 2015 The Unknown Slaughter Many people in the United States view dolphins as something more than just another aquatic creature. There is something very human like about them; their intelligence, curiosity, and kindness are all characteristics that people can appreciate. To many people across the world dolphins are the fun and loveable mammals of the sea; and most of all, humans are fascinated by their intellect. However, all across the globe dolphins

Thursday, May 14, 2020

An analysis of porters value chain - 1188 Words

To analyse the specific activities through which firms can gain a competitive advantage, it is useful to model the firm as a chain of value creating activities. For this purpose, Porter identified a range of interrelated generic activities common to a wide range of firms. The resulting model is known as the value chain. According to Porter (1985), Competitive Advantage arises out of the way firms organise and arrange discrete activities. Through using the Value Chain, the activities performed by a firm competing in a particular industry can be grouped into categories as shown in the model below: Upstream Activities Downstream Activities Porter distinguishes between primary activities and support activities. Primary activities are†¦show more content†¦As mentioned, gaining competitive advantage requires that a firms value chain be managed as a system rather than a collection of separate parts. Reconfiguring the value chain by relocation, reordering or even eliminating certain activities can often lead to a major improvement in competitive position. Upstream and Downstream A firms value chain links to the value chains of the upstream suppliers and downstream buyers. The result is a larger stream of activities known as the value system. The development of a firm specific competitive advantage not only depends on the firms value chain but also on the value system of which the firm is a part. In most industries, it is rather unusual that a single company performs all activities from product design, production of components, and final assembly to delivery to the final user by itself. Most often, organisations are elements of a value system or supply chain. Hence, value chain analysis should cover the whole value system in which the organization operates. Within the whole value system, there is only a certain value of profit margin available. This is the difference of the final price the customer pays and the sum of all costs incurred with the production and delivery of the product/service. It depends on the structure of the value system, how this margin spreads across the suppliers, producers, distributors, customers, and other elements of the value system. Each member of the system will use itsShow MoreRelatedPorter Value Chain Analysis882 Words   |  4 PagesPORTER S VALUE CHAIN ANALYSIS The porter’s value chain is a model that helps to analyze specific activities through which firms can create value and competitive advantage. There are two activities in value chain which are: Primary activity – directly concern with creating and delivering a product. Support activities – not directly involved in production, may increase effectiveness or efficiency. PRIMARY ACTIVITIES | DESCRIPTION | Inbound Logistic | * Concerned with receivingRead MoreValue Chain Analysis By Michael Porter Essay2186 Words   |  9 PagesWhat is a Value Chain? A value chain is a set of activities that a firm operating in a specific industry performs in order to deliver a valuable product or service for the market. The concept comes from business management and was first described and popularized by Michael Porter in his 1985 best-seller, Competitive Advantage Value chain analysis is a strategic analytical and decision-support tool that highlights the bases where businesses can create value for their customers. The frameworkRead MoreAnalysis Of Michael Porter s Value Chain Essay1740 Words   |  7 PagesDuring 1985, Michael Porter, one of the most important American economists, introduced one of his most famous theories: â€Å"The Value Chain†. Through this model is possible to describe an organization like a set of processes. Precisely nine processes divided in five primary activities and four support activities that help the business to gain its competitive advantage. The primary activities are composed by â€Å"Inbound Logistics†, â€Å"Operations†, â€Å"Outbound Logistics†, â€Å"Marketing Sales† and â€Å"Service†, whileRead MoreAnalysis Of Porter s Value Chain1945 Words   |  8 Pagescreates value based on the projects that the organization completes for its clients. Not just completing project deliverables can be used to measure the customer’s satisfaction, but can also be used to increase the business generated by the customer by creating additional opportunities. When looking at the business value chain, the each one of the activities can be tied to the steps taken within a project. This paper was created comparing each primary and secondary activity using Porter’s Value ChainRead MoreAnalysis Of Porter s Value Chain Essay2126 Words   |  9 PagesFor supporting activities, Porter’s Value Chain includes four aspects that contribute to the internal analysis of the company. Procurement, otherwise known as purchasing, includes sourcing raw materials from wholesalers and suppliers, with whom we have long-term strategic relationships. We also source recycled material to create biodegradable containers and spray bottles, as a part of our commitment to the environment. Human resource management consists of a high level of commitment t o ethical andRead MoreMichael Porter s Value Chain Analysis1813 Words   |  8 Pagesprogress, gaining an advantage is an essential key element to the companies success. To distinguish these viable advantages, Michael Porter created value chain analysis, which views a firm as a series of business processes that each add value to the product or service (Baltzan). The value chain analysis is a valuable source for regulating the greatest possible value for consumers. This topic will be further discussed with two major leading companies, Amazon and EBay. The increase in ecommerce willRead MoreAnalyzing Porter s Five Forces And Value Chain Analysis Essay1809 Words   |  8 Pagesmaintain their Vision â€Å"to create a better everyday life for many people,† customer trust and love IKEA vision with their low-price. In this report, will be analyzing Porter’s five forces and value chain analysis. The two tools will enable readers to have a clear understanding on IKEA form int ernal value to external value, which included not limited to primary activity, secondary activity, internal power, external power and threat of substitution. Bygone through these points above, readers can identify andRead MoreA Critical Discussion Of Strategic Model Essay1599 Words   |  7 Pagescritical discussion of strategic model (Value chain analysis) Value Chain Analysis is a theory first given by Michel Porter. According to him it is a useful tool for working out how a company can create superior value for their customers. He also suggested that the more value a company can create, the more people will be prepared to pay a good price for their product or service. So every company should make some strategic decision how they can improve their value chain. For Banglalink it is very criticalRead MorePorter s Value Chain Of The Petroleum Sector1338 Words   |  6 PagesPorter’s Value Chain in the Petroleum Sector A value chain is a full range of activities, including design, production, marketing and distribution that businesses go through to bring a product or service from conception to delivery. The value chain analysis was popularized by Michael Porter in 1985. Porter investigated the sequence of activities that are required to bring a product or service from concept through different stages of production, distribution, and to the final customer. Porter wroteRead MoreHilti cut or Fasten?1339 Words   |  6 PagesThis case review was executed about a case study that was discussed in class on the operations of Hilti and its surroundings – Hilti is a global corporation based in Lichtenstein that is a market leader in drills, saws and fastening products. The analysis looks at the development of Hilti ever since it was founded, and the different strategies which have been implemented to get them to where they are now. For a company that has been very successful which is now going thr ough a period of recession

Wednesday, May 6, 2020

The Iliad And The Odyssey - 1730 Words

Homer had once said â€Å"In youth and beauty, wisdom is but rare!† a very relatable quote to the story of the Iliad. But who exactly is Homer? For starters, Homer was a poet who lived from 800 B.C.E and died in 701 B.C.E. He was from Greece, and to be specific he had lived somewhere along the coast of Asia Minor according to biography.com. Also, he is most famous for his epic poems which were The Iliad and The Odyssey. Now as for whether he truly existed or not is still quite a mystery. Some scholars â€Å"believe him to be one man; others think these iconic stories were created by a group. A variation on the group idea stems from the fact that storytelling was an oral tradition and Homer compiled the stories, and then recited them to memory† (biography.com, 2016). The story of The Iliad, however, was one filled with a lot of love, betrayal, and you guessed it –war. Part of the reason that this epic poem focused so much on these three topics is because in ancien t Greek dramas those topics had the ability to receive the most attention from its viewers. To begin with, a little background on the Iliad itself. The story was written over a span of 24 books total. It all begins during the middle of the Trojan War according to David Silverman. And in quick summarization, the Trojan War all began because Menelaus’s wife Helen was wooed by Paris of Troy into running away with him which ruined the alliance between Troy and Greece and beginning the war. So at the beginning of the Iliad KingShow MoreRelatedThe Iliad And The Odyssey1060 Words   |  5 Pagesâ€Å"Hateful to me as the gates of Hades is that man who hides one thing in his heart and speaks another.† (The Iliad pg.405) The quote is relevant to the stories Homer created during the period of the Trojan War. Homer orally performed two of his best works The Iliad and The Odyssey. Homer’s stories are old and probably translated differently than their original telling. Homer’s The Iliad and The Odyssey still show the basic human emotions and are an inspi ration to other authors, poets, and oral presentersRead MoreThe Iliad and the Odyssey1510 Words   |  7 Pages The Iliad and the Odyssey are two classic stories told by Homer. Within these two stories the roles of the gods are very important to the story line and how they affect the characters throughout. In the Iliad, more gods are involved with the characters whereas in the Odyssey there are only two major gods that affect two major characters. The roles of the gods in the Iliad are through two different stances of immortal versus immortal and mortal versus immortal. The roles of the gods in the OdysseyRead MoreThe Iliad And The Odyssey1317 Words   |  6 PagesThroughout The Iliad and The Odyssey, both Achilles and Odysseus go through intense acts of heroism, internal and external hardships, and fluctuations in confidence. During the epic, The Odyssey, the main character, Odysseus, has to endure many hardships which show. He has to show tremendous amounts of heroism and confid ence just to keep his crew and himself alive. He has to rival and face many gods that despise him along with many humans. This theme can also be reflected from Homer’s The Iliad, where theRead MoreThe Iliad And The Odyssey1297 Words   |  6 Pages2. The Iliad and the Odyssey were written by a poet or poets known as Homer. They were stories written about heroes in Mycenaeans times. Homer focused on one important event to base the stories after, the Trojan War. The story was about Paris Prince of Troy, taking Helen of Sparta from her husband. A war started to get Helen back to her husband because her husbands honor was hurt. The story told in the Odyssey is one of the king of Ithaca trying to return to his wife and son after being gone forRead MoreThe Iliad And The Odyssey977 Words   |  4 Pagesplot or storyline, or the theme of the myth. Homer’s The Iliad and The Odyssey are two prime examples of this. Within both epics, the gods constantly intervene in the lives a nd situations of the characters, molding them to the desired outcome. Without the influence of the gods in either of the epics, however, the ending might have been very different. There was a great deal more divine intervention in The Iliad in comparison to The Odyssey, however, as there were more godly characters in that textRead MoreThe Odyssey And The Iliad1060 Words   |  5 PagesHomer was one of the first great authors in Western culture. He was known for creating the two Greek epics The Odyssey and The Iliad, which. The Odyssey tells of the ten-year journey by Odysseus to Ithica from Troy to be reunited with his beloved wife. The Odyssey was written in a with illustrative language. The Iliad was written in a. It depicted the end of the Trojan War and the siege of Troy. This event occurred centuries before Homer was assumed to have been born. Although both epics were writtenRead MoreThe Iliad And The Odyssey1657 Words   |  7 Pagesduring the Greek Dark Ages was Homer, who I believe was the most influential writer of his time, and a writer w ho had truly made an impact on the evolution of Greek Culture following the Dark Ages. Two of Homer’s most famous poems were the Iliad and the Odyssey, which were Ancient Greek epic poems which covered a couple of weeks during the Trojan War. Although there were plenty of influential authors inspired by the Trojan war, Homer was by far the most influential; Nevertheless, This paper arguesRead MoreIliad and Odyssey1825 Words   |  8 Pagesand cinema of a certain era. The epic poems, The Iliad and Odyssey, give scholars and historians an idea how the Ancient Greek lived their everyday lives. By reading the two novels, the reader is able to experience the three thousand years old society of Homer. The various similarities between our society and the societies depicted in the Iliad and the Odyssey are surprising profuse. To name a few: the superfluous violence in Iliad and Odyssey, the characterization of Odysseus, the obscureRead MoreThe Iliad And The Odyssey1498 Words à ‚  |  6 PagesAn Influential Poem The Iliad is a poem that provides important stories with insight into early human society. It was an ancient story written centuries ago about two civilizations that battled against each other. â€Å"The Iliad tells the story of the clash of two great civilizations, and the effects of war on both the winners and losers† (Homer 222). In addition to its influence on Greek poetry, the Iliad is a great Homeric epic that has long helped shape critical schools of thought. It is notRead MoreThe Iliad And The Odyssey Essay1270 Words   |  6 PagesAncient Greece, as found in the books of the Iliad and the Odyssey, is a place entranced in mystical beings, powerful gods and goddess, and heroic men. The role of women in society is greatly concentrated on their body with little regard to their soul and mind. However, in the Odyssey, it is Penelope’s soul and mind that are vital to the success of her husband’s nostos and the imperishable fame she will receive. Due to her husband’s long absence, Penelope is placed in a predicament in which she must

Tuesday, May 5, 2020

Job Analysis For Application Of Online Chat-Myassignmenthelp.Com

Question: Discuss About The Job Analysis For Application Of Online Chat? Answer: Introduction Automation and technology are related to each other, which improves the quality of life and business performance. Mechanization and automation in the business reduce the workforce besides that it also reduces the working capacity of the human being (Frank et al. 2016). One of the examples of automation in business is the rise of chat bots that communicates with the clients in a business. This study deals with the effect of automation and mechanization on the business as well as human resource management. Discussion of how the field of HR is evolving Rapid use of technology reduces the work pressure of human being that also discards the necessity of the human being in the workplace (Morris et al. 2017). As for example use of chat, bots are a big approach to automation that decreases the workload as well as the responsibility of an HR. On the other hand, the emergence of artificial intelligence reduces the workforce of an HR as they complete their task through the technology. Changes occur in the HR technology that leads the HR to focus on the various fields in a business apart from the recruitment. Maintenance of the employee insurance is another part of HRM in the recent years. However, based on the market demand the role and skills of the HR are changing over the time to meet the business objectives. Challenges for the HR management that use robots in the organization Huge automation decreases the workforce of the human being as a result technology takes place of the human being in job sectors (Spinks et al. 2017). As a result, it becomes difficult for the HR to recruit people in an organization. There are fewer requirements for the full-time employment in an organization due to the rapid emergence of the automation and mechanization in the business sectors. As a result, people lose their interest to do work. Hence, such situation is difficult for an HR to manage the employees and to reduce the employee turnover. Use chat bots marketing the HR less functional as they have no need to communicate with their clients, which is done by such chat bots technology. Apart from this such automatic technology solves the query of the human being through communication, which is the main responsibility of HR. As a result is a big challenge for the HR to manage their responsibilities and existence in their professional career and Evaluation of the use of diaries Use of diaries is important for the employees those are attending calls in the banks call center (Pak et al. 2017). However, the job profile includes expertise that has good knowledge in handling the call and solving the issues of customers and clients. The applicant should have good communication and writing skill as they have to make a note in a diary according to the requirement of the clients, as well as they, have to put the customer's details in their diary. Applicant should be flexible and extrovert in nature as they have to communicate with the clients and o provide them assurance to solve their issue. Maintenance of diary will help this employee to make a tracker about their work and the customers details, which keeps a transparency in their work. Use of machine in job design Manual handing that means the use of diary in a call center may create the error in the work while the use of technology and automation process will make the work fast and error free (Wajcman 2017). As for example, an employee often fail to communicate with the clients and to solve their query in a call center, on the other hand, use of chat robots makes this process easier. Chat robot is a computer program that communicates with clients and resolves their queries through automation process. In order to make an effective communication and reduces the error in the work machine should be used in the call center instead of manual handling. Therefore, it also reduces the work pressure of the employee and makes the work faster as manual handling is a time-consuming process. Job description of a manager who uses the chat bots and humans for customer dealing The manager should have the good technical skill to utilize the effectiveness of the chat bots to communicate with the customers (Kaushik et al. 2017). Therefore, this manager should have good communication power to motivate the employees in their work to improve their performance. On the other hand, conversational skill and good writing are skill required to use the chat bots for dealing with clients. Conclusion Use chat bots in an organization allow the organization to build automatic communication with the clients. Chat bots is a computer program that communicates with the human being in business context. Hence, this type of automation in business reduces the workforce of the employees and employees require good technical skill to use the chat botst. References Frank, M.R., Sun, L., Cebrian, M., Youn, H. and Rahwan, I., 2017. Small cities face greater impact from automation.arXiv preprint arXiv:1705.05875. Kaushik, A.K., Goyal, A., Rohilla, P.K. and Acharya, V., 2017. accounting Impact on Indian Steel Industry.International Journal of Theoretical and Applied Mechanics,12(1), pp.13-20. Morris, K.C., Schlenoff, C. and Srinivasan, V., 2017. Guest Editorial A Remarkable Resurgence of Artificial Intelligence and Its Impact on Automation and Autonomy.IEEE Transactions on Automation Science and Engineering,14(2), pp.407-409. Pak, R., Rovira, E., McLaughlin, A.C. and Baldwin, N., 2017. Does the domain of technology impact user trust? Investigating trust in automation across different consumer-oriented domains in young adults, military, and older adults.Theoretical Issues in economics Science,18(3), pp.199-220. Spinks, J., Jackson, J., Kirkpatrick, C.M. and Wheeler, A.J., 2017. Disruptive innovation in community pharmacyImpact of automation on the pharmacist workforce.Research in Social and Administrative Pharmacy,13(2), pp.394-397. Wajcman, J., 2017. Automation: is it really different this time?.The British Journal of management,68(1), pp.119-127.