The Benefit of the Interent to Business
explanatory Essay
543 words
The Benefit of the Interent to Business The Internet is an electronic meeting place for ideas, information and people. It was created to spread academic information between universities. Since the creation of the World Wide Web, access to this information has been easier for ordinary computer users. The further development of the web browser has made it more possible for ordinary users to find what they wanted to know. Whilst the Internet was originally designed to be an area of vast resource material, it wasn't too long before its potential was realised and that Internet trading was a real business prospect. In the beginning, Businesses simply used the Internet to place advertisements, as a way to promote the business; a new marketing avenue was the realisation of most companies. However it wasn't too long before businesses saw the real potential of the Internet, it firstly began when a method was found to take credit card payments without creating a security risk by sending a card number on the internet. The pace o...
In this essay, the author
- Explains that the internet is an electronic meeting place for ideas, information and people. it was created to spread academic information between universities.
- Explains that the internet was originally designed to be an area of vast resource material, but it wasn't too long before its potential was realised and that internet trading was real business prospect.
- Explains that before businesses saw the real potential of the internet, credit card payments were taken without creating a security risk. the pace of growth of shopping on the internet is breathtaking.
- Explains that the revolution does not favour the large, multinationals, and smaller companies. setting up a site may cost thousands of pounds, but that cost is trivial compared with the cost of establishing overseas sales and distribution network.
- Explains that the internet has revolutionized communication networks, allowing for messages to be transferred internally, within a company, or externally from company to company.
- Explains mayo's conclusion that communication between workers and managers and worker-to-worker influences morale and output. an internal company email system allows employees to be on a constant communication network.
- Explains that customers can directly access the company from a home pc, search for the product they like, specify other criteria, and place their order online.
- Explains that costs can decrease as profitability rises, with increased expansion and net realisation of operations, resulting in higher productivity and sales. with the internet, administration costs are decreased as there is less paperwork.
- Opines that the internet is formal written communication and teleworking has a direct link to the workplace, but traditional face-to-face contact is not available between employees or even towards customers.
- Explains that the internet offers many benefits, but it is still in its relative infancy and will never replace the safety and personal.
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- Business Managementopinionated essay1) Do you believe that most organizations focus on creating customer value? Explain. Customer value is defined as "the perceived benefit of a product, used by customers to determine whether or not to buy the product" (Lussier, 2006). I do believe that most customer's focus on creating customer value. It is an aspect needed in order to sell anything.
In this essay, the author
- Explains customer value is defined as the perceived benefit of a product, used by customers to determine whether or not to buy the product.
- Opines that all organizations should use total quality management (tqm) because it results in better quality products and better value, which customers look at to decide if they want to buy the product.
- Explains that symbolic leadership is articulating a vision for an organization and reinforcing the culture through slogans, symbols and ceremonies.
- Explains that learning organizations should have a culture that values sharing knowledge to adapt to the changing environment and continuously improve. an organization that adapts to these changes is more likely to benefit.
- Opines that ethical behavior will pay off in the long run, but they don't believe it will be as much as people expect it to.
- Opines that ethics can be taught, but learned is a whole different story, depending on who you're teaching to.
- Opines that companies benefit from being socially responsible. when a company is respected, more people want to do business with them.
- Opines that they would use a very high level of social responsibility as ceo. they believe this is the best way to operate, creating more respect and possibly better sales.
- Opines that the state renourishing beaches does not allow the beaches to do the natural nourishing it performs on itself.
- Opines that it's ethical for the state to pay for renourishment if the people decide they want it.
- Explains the relationship between management and mission, resources, the system process, and structure. the internal environment of an organization affects its performance from within its boundaries.
- Explains that the internet's wide range of uses has greatly benefited their life. they use it to keep in touch with their family from college, and to talk to their long-distance boyfriend.
- Opines that the five artifacts are heroes, stories, slogans, symbols, and ceremonies. ceremonies help employees learn about organizational cultures.
- Explains the difference between a strong and weak organizational culture, and which is preferable.
- Opines that although they never wrote down their own guides to their ethical behavior, if they had, they imagine it would be much like the ones in the book.
1412 wordsRead More - Business Administrationexplanatory essayThe Issues of Masters of Business Administration (MBA) in Finance and Marketing Introduction The field of business has been undergoing various changes over the past decades. Projections onto the future of business propose on the increase of business students with baccalaureate degree to have increased to eighty percent by 2020. It will also see on the doubling of business students with a MBA and doctorate degrees that will ensure that they have been engaged on lifelong learning. This has required on one to constantly increase their level of education that will allow them to effectively compete in the current job market.
In this essay, the author
- Explains that the mba is a course that follows curriculum follows various programs that include coursework-based tutoring in skills needed at senior levels of management.
- Explains that one must have a solid problem-solving skill and be flexible and diverse in order to join an mba program.
- Explains the goal of the masters of business administration program, which is to provide a rigorous education to prepare students in the business field.
- Explains that an mba degree in finance helps to combine one's professional goals with that of their degree. the growth and maturity gained from studying the degree program will act as the foundation for the knowledge gained.
- Explains that a masters of business administration is advantageous as it helps create connections and networking for future business deals.
- Explains that choosing the right university to study masters of business administration can be a daunting task.
- Explains that as a finance professional one must constantly recognize that they are bound to face many ethical issues that will influence them and the people they attend to. business ethics looks at whether the company is heading in the right course by adhering to the various factors.
- Explains wankel, charles, and stachowicz-stanusch, management education for integrity: ethically educating tomorrow's business leaders.
- Explains that the field of business has been undergoing various changes over the past decades. they will discuss the advantages and disadvantages of undertaking a mba in finance.
- Explains that a professional portfolio is the compilation of materials that are carefully selected that document one's competencies.
- Concludes that studying an mba in finance is advantageous as it follows a diverse education curriculum that includes coursework-based tutoring in skills needed at senior levels of management.
- Explains allen, kathleen, and peter economy. complete mba for dummies. hoboken, n.j: john wiley & sons, 2013.
- Cites mcintyre, john r., and alon, ilan. business and management education in transitioning and developing countries: a handbook.
1503 wordsRead More - Fifth Business Essayanalytical essayThe Underdevelopment of Female Characters and Their Portrayal of Fifth Business In the captivating, mysterious, and perplexing novel Fifth Business by Robertson Davies, the role of women is not only a vital but a pivotal aspect throughout the life and psychological journey of Dunstan Ramsay. Robertson Davies is famous for under-developing female characters in general; not fully creating female characters the audience can entirely understand, discover and engage, at least not to the same degree with which he develops male characters. Although the portrayal of female characters is limited, their true purpose may be much more significant than it initially appears: Those roles which, being neither those of Hero nor Heroine, Confidante nor `Villain, but which were none the less essential to bring about the Recognition or the dénouement were called the Fifth Business in Drama and opera companies organized according to the old style; the player who acted these parts was often referred to as Fifth Business.
In this essay, the author
- Analyzes how dunstan's mother influences his life in multiple ways, including his first relationship with leola cruikshank.
- Analyzes how diana's philosophical morals had a tremendous impact on dunstan’s life. after the war, he partook in three brief romantic relationships with agnes day, gloria mundy and libby doe.
- Analyzes how robertson davies fails to create a female character with whom the reader can fully engage with and understand.
- Analyzes the role of women in the captivating, mysterious, and perplexing novel fifth business by robertson davies.
- Analyzes how the first female character with an occupation that has a profound impact on dunstan's life is diana marfleet.
- Analyzes how davies uses liesl as the devil to tempt dunstan, both mentally and sexually.
1749 wordsRead More - Business Managementexplanatory essayI am planning to open a sporting good store. There are certain things I need to do in order to properly plan, organize, direct, and control this store. I would also need differing levels of management and decide on a management style that works best for both my store and me. In this paper I would develop a plan that will cover all these things so that I may open a successful business.
In this essay, the author
- Explains that they are planning to open a sporting good store. they need different levels of management and decide on management style that works best for both their store and me.
- Explains that they would begin the planning process by determining what recreational activities are available in the particular geographical location.
- Explains that they would establish their top, middle, and first-line managers and develop an organizational flow chart to ensure employees and customers know who to go to with any problems.
- Explains that managers can use positive reinforcement, rewarding desired behavior, or punishment, unpleasant consequences for undesired behaviors to get results that are good for the company.
- Explains that controlling is the process of monitoring performance to ensure goals are met. in order to establish this control, they would need different types of managers.
- Opines that a team-based management style would work best because key employees are invited to participate and the team determines the course of action. with an active role, they can recognize problems before they become major issues.
- Explains that there are many different types of management roles and levels in businesses. it is up to the business owner to figure out which is right for his or her business.
1193 wordsRead More - Business Life and Beyondexplanatory essayA few years after the official opening of the studio, the business incorporated registering under the name of “Swiridoff Photography, Inc. At the same time I became more active in the Professional Photographers Association of Central California, participating in local state and national events. Encouraged by a dear friend, Elmer Kingham of Redlands, I prepared a topic and went on a lecture-circuit up and down the state presenting it to other local Photographer Associations. This was one of the requirements counting towards the total cumulative merit-points required for a Master’s Degree in photography as well as national exhibit-merits and the merits received for attending extension courses offered by the State association at the West Coast School of Photography in Santa Barbara. I usually went there as part of my annual one-week vacation, enjoying camaraderie of colleagues and expanding own horizons in special areas of photography, sometimes taking along one of my employees.
In this essay, the author
- Describes how they became active in the professional photographers association of central california, participating in local state and national events, and attending extension courses at the west coast school of photography in santa barbara.
- Describes how they became a "regular" in redlands, where their niece monica and her family would be living.
- Describes how they ventured into real-estate development as a fiduciary of their company's employee profit-sharing-program, hoping to increase the earnings of the fund for the benefit of all participants.
- Recounts how they visited redlands to pay tribute to their old friends, the kinghams, by revisiting their home on olive street. they had the opportunity to sponsor educational seminars by notable masters of photography.
- Describes how they approached the owner of the adjacent lot, who was in similar predicament, with an offer that was based on trust and faith alone.
2143 wordsRead More - Business Essayanalytical essayThrough personal experience, Fayol distinguished what he thought to be the prime functions of being a manager. It is said that he was the first to illustrate the need for the education of management (Brodie, 1967). In relation to management, Fayol’s perspective was what managers should do and through categorising business activities into six activities, technical, commercial, financial, security, accounting and management; Fayol work focused on the latter category, management (Fells, Michael J.).
In this essay, the author
- Explains that fayol distinguished what he thought to be the prime functions of being a manager through personal experience. he categorised business activities into six activities, including technical, commercial, financial, security, accounting, and management.
- Explains that fayol's 14 principles of management were non-exhaustive and flexible and adaptable to every need. division of work, discipline, span of control, order and equity are just a few.
- Analyzes how fayol acknowledged the five "elements" of management, planning, organising, co-ordinating, commanding, and controlling.
- Analyzes how mintzberg dismissed fayol's concept of management from the start and labelled it "follklore." instead of suggesting what managers should do, he identified ten roles in which a manager should undertake to be successful within their managerial processes.
- Disagrees with mintzberg's statement that he is just elaborating on what fayol is saying but doesn't want it to be considered in the slightest.
- Argues that hales supports the argument that mintzberg just expands on fayol’s perspective due to the fact that, albeit knowingly, it has just attempted to elaborate on the roles in which managers engage in when carrying out their management functions.
- Explains that mintzberg elaborated on fayol's theory in order to develop many parts of his own.
- Argues that incorporating fayol and mintzberg's perspectives indicates that the two views cannot be competing.
- Argues that mintzberg's perspective is just a further, more in depth, view of fayol’s.
- Analyzes how fells indicates that fayol's view is supported and reinforced by the contemporary models of management, such as mintzberg, taylor, etc.
- Argues that mintzberg is supporting fayol's view by furthering his analysis in a more in depth view.
- Opines that management as it should be and management at its actual level are similar, and that the two perspectives are right.
- Describes a study that surveyed male and female managers in different managerial positions and of different ages, and concluded that there is in fact an generic set of managerial preferences that are consistent with fayol's view on management.
- Opines that mintzberg's views were consistent with a generic set of managerial behaviours.
- Argues that fayol and mintzberg's perspectives represent the same view as a whole, which means the two perspectives should be interpreted as complementary theories of management and managerial behaviour.
- Disagrees with the statement that there is no firm evidence that fayol's classical analysis of management has been made redundant over time.
- Concludes that fayol's view of management would not relate to managers today and if his perspective represents the most useful way, his theory is still being used today.
- Argues that fayol and mintzberg are related to one another. both their perspectives appear to be different but from the same picture.
- Opines that mintzberg and many other contemporary models do not see fayol recognising one side of management, but that he is recognizing another side.
- Explains that fayol and mintzberg encapsulate some, but not all, of the managerial behaviours and concerns that a "manager" executing managerial functions in organisations may come across lamond david.
- Argues that fayol's view isn't out of date and mintzberg’s is a more in depth follow on to his theory. managers tend to use many aspects of his characterisations.
- Analyzes how fayol's views are supported by fells, hales, and mintzberg.
- Argues that fayol's analysis has been classed as redundant over time, but the five elements within his theory are general and can be used within any time period.
- Argues that the japanese adherence to fayol's principles is how most of their success was achieved. modern-day use of his principles/theore is generating positive results for people in managerial positions today.
- Argues that mintzberg's theory is just an adaptation of fayol’s, and thus his theory doesn’t become redundant. his model confirms rather than denies the classical view of management.
- Disagrees with the claim that fayol's work has been made redundant, but there are many researchers who strongly agree with this claim.
- Explains that fayol's classical analysis of management has been scrutinised further as it tends to be quickly rejected by many authors. this could indicate that his theory has become redundant over time.
- Explains that despite the many differences within the two theories, they can be essentially considered to be equivalent or even just a subset of the other.
1629 wordsRead More - The Benefits of E-Commerce to the Small Business Ownerexplanatory essayExecutives used to imagine their companies as the center of a solar system orbited by suppliers and customers. The Internet is changing that dramatically. Now the customer is becoming the center of the entire business universe. E-commerce relates to that part of e-business that includes transactions that involve money. The larger concept of e-business, however, goes well beyond buying and selling items on the Internet.
In this essay, the author
- Explains that local, national, and international organizations can utilize their products or services just as easily as the person next door.
- Describes the advantages of making information available to suppliers and buyers.
- Explains that small firms that can arrange to do business on the internet stand to win big.
- Explains that yahoo's site and offer as many as 50 products for sale.
- Explains that owners report spending as much time on trips to the bank.
- Offers clues to what small business owners will be doing to gain more time.
- Opines that moving to online banking is one of 201 great ideas for your small business.
- Describes the benefits of eliminating the need to hire workers for data entry. they expect to spend less per employee.
- Explains inc., a st. paul, mn company, uses digital cameras to document equipment trouble.
- Explains that suppliers not only make all the components and perform 90% of the manufacturing.
- Describes the savings of between $500 million and $800 million this year.
- Explains that holt has exclusive first rights of distribution to sell some of its toys online.
- Explains how e-commerce is booming and how entrepreneurs can get in the game.
- Explains tedeschi, bob, 'turning small businesses? internet dreams into reality'.
- Explains that a company may expect to receive more than 50 percent of all revenues via e-commerce in the next two to three years.
- Explains that the nominal monthly fee for software that enables them to build a site that is then hosted by another third party (website hosts) sparing the client the cost of web servers and fast
- Explains that one can pay for multiple products at once, while another can hire a website hosting company like yahoo.
- Explains that the type of network infrastructure you choose will depend on the size of your business, how tech-savvy you are and how often you plan to modify.
- Opines that microsoft's carpoint website will allow customers to configure their car of their dreams by early 2000. the majority of car buyers are still using the internet to research rather than buy.
- Explains that they wanted to compete with the big guys and grow nationally, and because they didn't have the kind of money to invest in their own stores across the nation, they believed if they put the proper e-commerce plan in place, we might just be fast and aggressive.
- Explains that paul holt's company is now considered a major player in its industry, with projected sales of $2.
- Explains the basic steps to take in setting up a competitive website.
1833 wordsRead More - Business Managementexplanatory essayBusiness Management The world of business has undergone radical and dramatic changes in the last decade changes that present extraordinary challenges for the contemporary manager. A manager is an organizational member who is responsible for planning, organizing, leading, and controlling the activities of the organization so that the goals can be achieved. According to a widely referenced study by Henry Mintzberg, managers serve three primary roles: interpersonal, informational, and decision-making. Management is process of administrating and coordinating resources effectively and efficiently in an effort to achieve the goals of the organization. The concept of management within an organization typically occurs in an organizational setting.
In this essay, the author
- Explains that a manager is an organizational member responsible for planning, organizing, leading, and controlling the activities of the organization so that the goals can be achieved.
- Explains the concept of management within an organization occurs in an organizational setting. organizations compromise a group of individuals who work together toward common goals.
- Explains that managers at all levels of the organizational hierarchy must engage in planning. planning involves setting goals and defining the actions necessary to achieve those goals.
- Explains that organization involves determining the tasks to be done, which will do them, and how those tasks will be managed and coordinated. managers of an organization have to put a work team together so that proper information, resources and tasks can flow properly and efficiently
- Explains that managers should be able to lead the members of their work groups toward the accomplishment of the organization's goals. they must understand the dynamics of individual and group behavior, motivate employees, and be effective communicators.
- Explains that managers should monitor the performance of the organization, as well as their progress in implementing strategic and operational plans. controlling is monitoring performance, identifying deviations between planned and actual results, and taking corrective action.
- Explains that managers are classed on different levels in terms of the skills they need and the activities they are involved in. in most organizations, there are three levels of managers.
- Explains that first-line managers supervise the individuals who are directly responsible for producing the organization’s product or delivering its service. they carry titles such as production supervisor, line manager, section chief, or account manager.
- Explains how managers can maintain a good organization by controlling quality effectively through job rotation, self-managed teams, and total quality management.
- Explains that quality is a very important thing in an organization and that it is impossible to improve the quality of products without major changes in all aspects of the organization.
1102 wordsRead More - Integrated Business Experience (IBE) is an entrepreneurship experience program conducted by second year School of Business Management ITB students. It requires students to create and run their own business in one year. In first semester, students have to research and develop their product, they also have to make their business plan. In the end of semester, they have to pitch their idea to the bank to get a loan for running their business in the second semester. They are not allowed to start their business until they get a loan from bank. The banks already prepared by SBM ITB. Within four to five months in second semester, students are making and selling their product. At the end of second semester, they have to present their business report to the lecturer and bank.
In this essay, the author
- Explains that integrated business experience (ibe) is an entrepreneurship experience program conducted by second year school of business management itb students.
- Explains that integrated business experience (ibe) curriculum is changing each year to keep the entrepreneur education up-to-date with the real trend.
- Explains the new rules of rewards and penalties in choosing a product in the ibe program, which encourage students to create new products and avoid product repetition.
- Explains that in the 2015 ibe program, students are not taught on making the product straightforwardly. instead, the lecturers teach them on using value proposition canvas to analyze their product added value.
- Explains that ibe program helps students in their product value creation by giving them education in proposing value to the customer using value proposition canvas.
- Explains that ibe program has helped students in value creation by teaching them tools and lessons in adding value to product.
- Explains that the research aimed to know factors that can influence entrepreneurial students to develop existing product to become new products in ibe program.
- Explains that entrepreneurial education challenges students to seek the opportunity and create added value not only in making product but also in everything.
- Opines that it would be better if compare entrepreneurial students in different groups and different business universities to see how the differences among business university to treat their entrepreneurs in the future.
1227 wordsRead More - How the Internet Changed Businessexplanatory essayHow the Internet has Changed Small Business Forever Ten years ago, the Internet as we know it hit screens. It was 1995 when Explorer and Netscape emerged as the leading browsers for Internet users. Of course, a lot has changed since the days when it took several minutes to load one Web page. Today, URLs are as common as phone numbers for most businesses.
In this essay, the author
- Explains that the internet hit screens in 1995 when explorer and netscape emerged as the leading browsers for internet users. urls are now as common as phone numbers for most businesses.
- Describes how brent knapp started publicizing pmp tools by posting information in yahoo groups chat forums and buying lists from hoovers and forbes for marketing mailings.
- Describes how june barnard purchased her self-named business, which sells faux martinis, fake fruit, and plastic bakery items, in 1997.
- Explains how tom howle opened his retail store in 1998 and opened an auction site on ebay. ebay's margins are lower because of competition, but he can be more flexible with trade-ins.
- Laura modrell started her e-commerce business out of personal need. she bought a similar set for her son and auctioned it off.
- Describes hive media's country club, which has a racing facility, clubhouse, 270 garages, and 400 members who come out and race their cars and motorcycles.
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