Questions In E-Commerce Essay Example for Free

Questions In E-Commerce Essay Question 6 Resources are the financial, physical, human, technological, and organizational assets of a company. A distinctive competency is unique to a company and allows it to earn a profit rate that is above the industry average.   Distinctive competencies are the products and services that directly fulfill the organizations goals, and is what the company does uniquely well.   Therefore, resources used to create distinctive competencies are the fundamental building blocks of the company’s success.   A resource must be in demand, or scarce, or difficult and costly to imitate, or have no substitute to add to a company’s competitive advantage.    In addition, it is only those resources which directly contribute to the core competencies of a company that add to its competitive advantage. Question 7 The internet can both increase the difficulty of imitation for a company, and it can also make it easier for other companies to copy.   Some companies use the internet as a core resource.   An example is EBay, which would not exist if it were not for the internet. However, the fact that EBay functions via the internet remains one of its core resources.   It has proven incredibly difficult for competitors to imitate to provide the level of service and marketplace which EBay enjoys.   Of course, EBay is continuously improving upon this core resource.   On the other hand, the internet creates a basic platform for selling.   One of the impacts of the Internet on companies using barriers of imitation as a competitive advantage is that they must be constantly improving and developing their products and services.   The internet allows consumers to browse many companies offering the same services.   If a company is able to do something better, or offer a superior product, they must be able to show this over the internet.     A small fashion designer selling their products over the internet runs a great risk of being copied quickly.   This may provide greater incentive for the designer to be continuously creating new designs and styles. Question 8 The resource based view and market views of competitive advantage are complementary.   They can both be used by the same company to determine what its key competitive advantages are, and also help a company explore what new competitive advantages they may want to develop.   The resource based view looks at what the company has.   Its physical assets as well as it process assets.  Ã‚   What the company does uniquely well.  Ã‚   The market view of competitive advantage looks at the marketplace first.   It identifies the way the company markets itself or the consumer need it fulfills. When looking at a company from the market view, the question asked is â€Å"How is this company unique in the marketplace.†Ã‚   A company can benefit from taking both a resource-based view and a market view of competitive advantage.   A company can analyze its internal resources and identify the resources that are key to its success and fulfillment of the organizational goals.   When it performs this analysis, it knows which attributes it must keep in order to stay competitive.   It is able to identify its internal core competencies.   On the other hand, the company can analyze the marketplace.   It can identify its role ion the market.   Is it satisfying its customers?   In what ways?   What are the core strengths of the company in the market?    These are the core competencies of the organization on the marketplace.   The company may choose to develop these further, if greater competitive advantage would be gained, or perhaps focus on developing a new market capability if the external environment is shifting.  Ã‚   When the company then takes its external and internal analysis and put them together, a better picture of the company’s true core competencies is displayed.   The company can then see where it may need to make adjustments or where resources or markets should be developed to take advantage of strengths. Question 9 There are basically two ways the Internet can add to a company’s cost advantage.   One, it can reduce the operating costs for a company.   Two, if a company has a cost advantage, they can increase the volume of their sales.   First, selling goods via the internet allows a company to keep a virtual location.   In this scenario, the company may not need to keep its own inventory or staff.   The company could order products from its vendors as ordered by customers and not keep any inventory at all.   There are no physical displays that need maintenance, nor are there any salespeople on the floor who need to be paid.   This is a strategy pursued by Amazon.   They do not have any brick-and-mortar stores to maintain, so they have no displays to maintain, and no salespeople to pay.    The overhead for maintaining the website is less than the overhead for maintaining the shop.   This gives Amazon a competitive cost advantage over Borders.   Also, when consumers are shopping via the Internet they are able to compare prices over multiple suppliers very easily.   Search tools like MySimon and others search the internet for the product the user enters and returns the prices from various online stores.   In this way, the internet can increase the volume of shoppers buying from a particular company.   If the shopper is only concerned with price, they will often choose the company that has the lowest cost.   Therefore, if the company is able to provide the lowest price, they can gain a competitive advantage via the internet by increasing their customer base. Question 10 Effective differentiation is achieved by a company when they really stand out in the consumer’s mind as something different.   They have developed a unique attribute to a point where customers buy from them based on their unique image.   Two ways the internet can help a company achieve effective differentiation is through exploitation of niche markets and providing services and products in a real-time environment.   On the internet, the market for any one website is much larger than what a store can typically reach. In this way, the company has access to many more markets by using the internet than they would otherwise.   This allows for the flourishing of niche market products and services – or highly effective and differentiated services. An example of a niche product on the internet market is a flea collar for dogs that is safe for the whole family! It has a small chamber into which it draws fleas via scent. The fleas cannot escape from this chamber and die.   The price is high, but the market is environmentally sensitive dog owners. Via the internet, sufficient promotion can be done to make production of this item profitable.   It could be much more difficult to market this product via stores.   Another way the internet can be used to differentiate a company in the marketplace is in the speed and responsiveness of the company to the real world.   The best example that comes to mind is the news.   News companies on-line can present stories to consumers much more quickly than in print. Customers are able to choose their source for news based on how real-time the news source is able to present the information.   Businesses must actually focus on differentiating itself from its customers to effectively compete in the internet marketplace.   There are so many providers of the same service or product, that a company must create and emphasize its difference to gain customers.   Some focus on ease of use, some on reliability, some on image, and others on customer service.   There are many ways to create differentiation, but the company must be aware that simply being on the internet does not automatically create a competitive advantage.

An Analysis of Religion by an Athiest Essay -- essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  The person as a whole, mind and body, is a very complex and unique organism that can be easily influenced by society. Since people are so easily susceptible to be influenced by others, each person must rely on their beliefs in order to make a judgment that is morally and ethically pleasing through their knowledge and experiences. A person’s morals and ethics are formed through their religious beliefs and practices. Morals and ethics allow one to make a knowledgeable and responsible decision. One’s religious and spiritual beliefs shapes and molds the mind, body, and spirit of the person. Each religion has its own unique principles, a list of do’s and don’ts that set the foundation for their moral and ethical beliefs. Everyday people are presented with situations in which that person must arrive at the solution through weighing each possible option morally and ethically. When one is confronted with a situation in which they must use thei r personal knowledge, experience, spiritual beliefs and practices to weigh each option morally and ethically and choose that which best suits their religious beliefs. In order for a person to be able to correctly analyze and weigh each option he or she should have full knowledge of each available option and their outcomes. To weigh each solution properly, a person must use his or her religious beliefs and knowledge to evaluate every aspect of the option. In religion, there are four main factors that make it possible for a religiously enlightened person to decipher between the morally and ethically correct and wrong decision. People are educated through the teachings and beliefs of their God to acknowledge what â€Å"the beautiful† and â€Å"the sacred and transcendent† are and how to decipher between what is good and what is evil. A religion’s depiction of what â€Å"the beautiful†, sacred, and transcendent† are creates one’s basis for their moral and ethical beliefs. Through one’s spiritual knowledge and understanding of â€Å"the beautiful†, sacred, and transcendent† allows one to distinguish between â€Å"the good† and â€Å"the evil.† In order for a person to choose the best decision he or she has to have a firm grasp, intellectually and spiritually, on the concepts of â€Å"the beautiful†, â€Å"the sacred and transcendent†, â€Å"the good†, and â€Å"the evil†. The concepts of each of the factors must be fully understood by him or her to de... ...dered to be the highest forms of evil. For some the temptation they sense from evil is irresistible and they commit a sin for which they cannot be forgiven. I believe that it is through one’s spiritual, physical, and mental strength that he or she’s ability to decipher between â€Å"the good and â€Å"the evil† is developed. The stronger the person, the less susceptible he or she is to â€Å"the evil,† vice-versa. I believe that the will and overall strength of the person develops their ability to fight â€Å"the evil.† â€Å"The evil, the good, the sacred and transcendent, and the beautiful† are all determined through the religious practices and beliefs of an individual. As a result, the person must use his or her knowledge of good and evil to develop their own moral and ethical standards according to the teachings of Jesus Christ. Using these standards people combine their spiritual and intellectual knowledge of â€Å"the beautiful, t he sacred and transcendent, the good, and the evil† to decipher â€Å"the good† from â€Å"the evil.† Without religious experience and practices we would not have the information available to consciously choose â€Å"good† over â€Å"evil† and strive for spiritual, physical, and mental perfection. An Analysis of Religion by an Athiest Essay -- essays research papers   Ã‚  Ã‚  Ã‚  Ã‚  The person as a whole, mind and body, is a very complex and unique organism that can be easily influenced by society. Since people are so easily susceptible to be influenced by others, each person must rely on their beliefs in order to make a judgment that is morally and ethically pleasing through their knowledge and experiences. A person’s morals and ethics are formed through their religious beliefs and practices. Morals and ethics allow one to make a knowledgeable and responsible decision. One’s religious and spiritual beliefs shapes and molds the mind, body, and spirit of the person. Each religion has its own unique principles, a list of do’s and don’ts that set the foundation for their moral and ethical beliefs. Everyday people are presented with situations in which that person must arrive at the solution through weighing each possible option morally and ethically. When one is confronted with a situation in which they must use thei r personal knowledge, experience, spiritual beliefs and practices to weigh each option morally and ethically and choose that which best suits their religious beliefs. In order for a person to be able to correctly analyze and weigh each option he or she should have full knowledge of each available option and their outcomes. To weigh each solution properly, a person must use his or her religious beliefs and knowledge to evaluate every aspect of the option. In religion, there are four main factors that make it possible for a religiously enlightened person to decipher between the morally and ethically correct and wrong decision. People are educated through the teachings and beliefs of their God to acknowledge what â€Å"the beautiful† and â€Å"the sacred and transcendent† are and how to decipher between what is good and what is evil. A religion’s depiction of what â€Å"the beautiful†, sacred, and transcendent† are creates one’s basis for their moral and ethical beliefs. Through one’s spiritual knowledge and understanding of â€Å"the beautiful†, sacred, and transcendent† allows one to distinguish between â€Å"the good† and â€Å"the evil.† In order for a person to choose the best decision he or she has to have a firm grasp, intellectually and spiritually, on the concepts of â€Å"the beautiful†, â€Å"the sacred and transcendent†, â€Å"the good†, and â€Å"the evil†. The concepts of each of the factors must be fully understood by him or her to de... ...dered to be the highest forms of evil. For some the temptation they sense from evil is irresistible and they commit a sin for which they cannot be forgiven. I believe that it is through one’s spiritual, physical, and mental strength that he or she’s ability to decipher between â€Å"the good and â€Å"the evil† is developed. The stronger the person, the less susceptible he or she is to â€Å"the evil,† vice-versa. I believe that the will and overall strength of the person develops their ability to fight â€Å"the evil.† â€Å"The evil, the good, the sacred and transcendent, and the beautiful† are all determined through the religious practices and beliefs of an individual. As a result, the person must use his or her knowledge of good and evil to develop their own moral and ethical standards according to the teachings of Jesus Christ. Using these standards people combine their spiritual and intellectual knowledge of â€Å"the beautiful, t he sacred and transcendent, the good, and the evil† to decipher â€Å"the good† from â€Å"the evil.† Without religious experience and practices we would not have the information available to consciously choose â€Å"good† over â€Å"evil† and strive for spiritual, physical, and mental perfection.

Data integrity is essential for a company’s operations Essay

Describe various steps companies can use to ensure the integrity of its information. Just as the question states, data integrity is imperative to the success of a company’s operations. Data integrity is processing integrity which is one the five principles of systems reliability (Romney, & Steinbart, 2012, p. 274). For a company to be successful they must have a reliable system that is accurate, easily manipulated, timely, and valid (Romney, & Steinbart, 2012). Now that you know what data integrity is, we will discuss steps that company can take to ensure the information is accurate and valid. The first step that a company can take would be forms design, where they will sequentially prenumber all source documents to verify no documents are missing, and turnaround documents which are machine readable and do not include a possibility of human error (Romney, & Stein, 2012). The second step a company can take is utilizing data entry controls, which is performing several checks to ensure that the information is correct, one example would be a field check where the individual will determine whether the characters in a field are of the proper type (e.g. if you are expecting a zip code and you do not have numeric characters, there would obviously be an issue) (Romney, & Steinbart, 2012). The third step we will discuss is checking output controls. There processes would include users examining the system output verifying the information is reasonable and they are the intended recipients. In addition, users should periodically reconcile their reports and any other information including the general ledger to keep accurate up to date information (Romney, & Steinbart, 2012). By following these three steps/processes that I have discussed, companies will put themselves in a position to be the most successfully by accurately displaying the information. If they properly utilize these checks and balances, the possibility of any major issues is minimal and the likelihood of their business being successful substantially increases.

Cultural Diversity in America Essay - 1005 Words

America is greatly influenced and enhanced by the many versatile cultures which inhabit it. Cultural diversity has added to our economy in such a way that it brings innovated ideas and contact structures throughout the world. International cuisines have come to America through subcultures, have expanded the food industry, and have allowed English Americans to try new foods and flavors. Immigrants have brought with them religious values that greatly differ and vary from those at which were natural in the main stream American culture. The educational development through foreign nationals has led America, as a nation, to excel and be deemed one of the most intelligent nations in the world! Consequently, the subcultures have kept our†¦show more content†¦Foreign nationals bring with them the tastes and delights from their own country. Presently, Americans have such a wide selection of foods to choose from including but not limited to Mexican, Chinese, Italian, Greek, Thai, and Japanese. In the agricultural industry, researchers have taken domestic plants and bred them with international plants to create a more desirable embryonic plant which grows to have only the best characteristics of the two plants. This idealistic technology wouldnt have been deemed possible if it wasnt subject to the vast array of cultural diversity to challenge the standard characteristics of domestic vegetations. Along with any nation in the world, comes a variety of religions. The English founded this nation on Christianity; however, numerous people today denounce this monotheistic belief and instead have put their faith in beliefs brought to this country by foreigners. This assorted variety allows believers to choose a religion which better suits their beliefs and practices, and gives individuals a choice on spiritual fulfillment in their lives. These religious beliefs combined with the democratic state of the nation have led to public displays of religious celebration in Am erica. Ramadan, Yom Kippur, Kwanzaa, Christmas, Cinco de Mayo, and Hanukkah have been a few of the celebrations brought to America via immigrants. Some of the most celebrated and famous revels include St. Patricks Day and Mardi Gras (see Figure 1 andShow MoreRelatedExamination of Cultural Diversity in America Essay2061 Words   |  9 PagesCultural Diversity in America: Examination of African Americans and Asian Americans Many ethnic groups reside and persist in America. Minority groups are misunderstood and undervalued in today’s society. There are many cultures, history, social relations, religious traditions, and linguistic aspects enduring in our country because of our abundant diversity. Two minority groups that are misconstrued are African Americans and Asian Americans. 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