Sunday, August 23, 2020

Methods of Planning & Organizing the Operation Apple Inc. Case Study

Question: Portray about the Methods of Planning, and Organizing the Operations. Answer: Presentation Apple Inc. is one of the biggest IT associations on the planet, which is prestigious for executing an extraordinary promoting methodology, which has likewise helped in recognizing it with different contenders simultaneously identified with the equipment and programming division. The $ 120 billion organization aptitudes in the creation and assembling of new items and administrations including the iPads, iPhones, iPods, Apple TV, work areas, iOS working framework and some increasingly (Inside Apple: how America's generally appreciated - and cryptic - organization truly works 2012). About the item The organization has been propelling the inventive iPhones in the market since the year 2007. The organization has propelled a progression of iPhones with bit by bit improved highlights from that point forward (Mojonnier 2012). Notwithstanding, the current serious condition has seen numerous comparable devices with further developed highlights that could rival the iPhones. Additionally, the phones are likewise accessible at a less expensive rate for the clients. This has been a significant mishap for Apple as far as the market estimating of its cell phones. In this way, the organization needs to structure another telephone that ought to involve the most recent advancements and be enrolled inside the serious value go in the market (Mickalowski, Mickelson and Keltgen 2016). Significance of the procedure plan of the new iPhone The prepared structuring in individual of the advancement of the items help in appropriate execution of the procedure. The procedure planning helps in presenting the item empowering the supervisors of Apple to enroll every single essential achievements for the implemention of the item advancement procedure of the new iPhone. The procedure planning for the telephone would help the organization in increasing an appropriate representation about the best possible execution of the item improvement process for the iPhone. Points and targets of the creation of new iPhone utilizing process plan The point of the procedure configuration is to build up the new iPhone in the market to such an extent that to get together with the prerequisites of the clients and the present market request. The principle goal of the item structuring process for the improvement of the new iPhone for the organization is to meet with the desires for the market and the clients. Strategies for arranging and sorting out productive tasks The item arranging of the new iPhones can be contained four key stages including the task usage, arranging, execution, and fruition of the improvement venture. The stages can be portrayed as referenced in the accompanying passages: Task Initialization The task inception incorporates the means, which bargains in recognizable proof of the prerequisites for the advancement of the specific item. Characterizing the task This progression consolidates the ID of the targets and the prerequisites of the item advancement process. It additionally bargains in building up the exercises for legitimate fruition of the advancement of new iPhone (Anderson and Cochrann 2015). Understanding the requirements of the clients The progression incorporates the distinguishing proof of the necessities of the clients in particular of the new iPhone including the highlights, estimating, and details that should be joined inside the telephone. Building up the task instatement plan The progression joins the advancement of the arrangement for planning the item improvement to be executed. Building up the administration methodology The progression joins the distinguishing proof of the jobs of the item improvement group and the announcing technique for develoing a suitable administration plan so as to build up another iPhone (Gido and Clements 2014). Undertaking arranging The undertaking making arrangements for the advancement of the new item can be involved the phases that are portrayed beneath as: Characterizing the undertaking extension The undertaking characterizing stage includes the examination of the different measures related with the usage of the item advancement process for the new iPhone. The stage bargains in characterizing the points of the advancement procedure, recognizing the issues identifies with the improvement procedure during the usage, characterizing the aftereffects of the new iPhone advancement venture and deciding the necessities for a similar that are should have been executed (Robichaud and Anantatmula 2012). Undertaking Execution Execution of the undertaking plan The progression consolidates the execution of the item improvement process for building up a developed iPhone as distinguished in the task commencement step, which empowers the undertaking to be following the booked course of events. Checking the advancement of the report The progression incorporates the use of the different instruments and innovations related with the item advancement of the telephone including the RAD, SDLC and lithe programming improvement (Rowe 2015). Overseeing and keeping up the progressions The means incorporate the keeping up of the improvement procedure of the enhanced iPhone so the advancement venture falls inside the booked course of events and dealing with the procedure in the event that any adjustment in the arrangement is required. Task finish Conduction of audits This progression joins the looking into on the results of the item advancement process and recording the consummation of the enhanced iPhone. Meeting with the targets This is a definitive advance of the item improvement stage, which joins the investigation of the undertaking result identified with the creation of developed iPhones. The progression likewise bargains in checking whether the item being created is meeting the goals of the venture (Turner and Kelly 2012). Models The plans of action manages the arranging, structuring, executing and accomplishing the arranged outcomes and targets of the item advancement process for the iPhone. These models are executed so as to control the advancement procedure for the organization. The different models can be portrayed underneath as: SDLC There SDLC is the condensed type of System Development Life Cycle. The SDLC is an applied model, which uses the blend of in excess of two administration innovations for legitimate execution of the items advancement process for the iPhone (YANG and Bi 2014). The model puts an accentuation on the documentation of the whole advancement process. RAD The RAD is the curtailed type of Rapid Application Development technique, which is being used for quicker advancement of the iPhone with the consolidation of the higher characteristics simultaneously (Rajput and Litoriya 2014). The model likewise uses the prototyping strategy and the workshop technique so as to accomplish the venture necessities. The model uses the method to build up the course of events for the finishing of the item improvement procedure of the new iPhone. Cascade The Waterfall model is the customary technique that fuses the advancement of the activities. The technique additionally fuses the exercises that are associated with the venture advancement process with fixed straight courses of events (Binder and Schilli 2014) . This arrangement of the fixed straight timetables inside the plan of action helps in the advancement of the new iPhone in stages. Dexterous Software Development The technique is executed for the tasks, which requires the spryness in their particular prerequisites. The fundamental element of the coordinated improvement technique lies in its less prohibitive undertaking control, lithe prerequisites, ongoing turn of events, and shorter conveyance cutoff times (Panzarino 2012). These models help the business directors to oversee and actualize the advancement of the new and enhanced iPhones in an effective manner. Strategies for venture assessment and planning of the assets of Apple Strategy for assessing the undertaking The strategy for the assessment of the item advancement procedure can be involved the accompanying stages: Observing: Themonitoring stage includes the investigating the usage of the iPhone advancement venture and to check whether the undertaking is getting together with the booked course of events being assessed before the execution procedure (Johnsen 2015). Evaluating: as far as the specialized utilization, the appraisal stage includes estimating the exhibition of representatives or the improvement group for legitimate execution of the item advancement process. Foreseeing the result: This stage enables the chiefs of the organization to anticipate the result of the item improvement to procedure of the most recent iPhone by examining the procedure through the broad investigation of the task the executives apparatuses and advancements (Stankevi⠍it and Bartkus 2012). Techniques for booking of the assets Work Breakdown Structure: Work breakdown structure helps in the separating of the exercises associated with item improvement procedure of the most recent iPhone into various sensible yet littler expectations to such an extent that to execute the task inside the planned course of events (Chikhale and Mansouri 2015). Sprightly: PERT is the curtailed type of Program Evaluation Review Technique, which is utilized for characterizing, and controlling different undertaking identified with the execution of the item improvement periods of the new iPhone. With the assistance of a system chart, the procedure helps in showing the entomb connections of the undertaking exercises in a successive request for the venture to be executed (Chen and Lieberman 2013). Phases of the item structure Figure: Stages of the item structure for Apple iPhone Source: (Kellingley 2016) The phases of the item structuring for the advancement of iPhones can be composited of the accompanying: Stage 1: Generating This progression bargains in producing the belief systems for the improvement procedure of the most recent iPhone by examining the fundamental interior and outer SWOT examination with the assessment of the showcasing patterns. It likewise helps in building up a suitable strategy by assessing the dangers level of the advancement procedure too. Stage 2: Screening This progression in

Friday, August 21, 2020

Topics to Write About College Essays

Topics to Write About College EssaysTopics to write about college essays are not hard to come up with, but the subject can be. Essays should be a combination of topics that you can write about that are somewhat related to the area of study you are writing about. However, you should find it best to begin by finding out what is already out there and what has already been done. You don't want to change things just because someone else has already written about them.One of the most common subjects to write about for an essay is that of literature. If this is the subject that you choose, it is a good idea to have a good knowledge of literature. Knowledge in this case would mean that you already have read many novels and poems. It would also mean that you know how to read and identify different types of texts. You should read several novels and poetry by authors that you enjoy reading.Other topics to write about for an essay can include history and geography. Both topics provide a great de al of information. History would mean that you know where certain people came from and whether they had any sort of lineage in the area you are writing about. Geography would mean that you have knowledge of land areas that surround you.Another topic to write about is nature. There are many different types of things that can be found in nature. You should make sure that you have read as many books as possible on nature. By reading more about the subject you will gain a better understanding of what is available to you to know about nature.Before choosing a particular topic to write about for an essay, you should make sure that you are familiar with what is being discussed. A topic is nothing without information. You should learn as much as you can about the topic so that you are able to better understand the topic and the idea that you are trying to convey to your reader. You should also make sure that you have a good idea of the topic you are attempting to write about.There are sever al different types of topics to write about. These are by subject and by point of view. You should always begin by writing the main body of the essay. Then you should continue into the second half of the essay when you talk about a different point of view.Once you have covered the different points of view you should stop. That is how a good writer should proceed. When you have covered all points of view then you should reread and edit the piece. By rereading and editing you can be sure that you have covered all the points that you need to cover for the essay.The topic to write about college essays should be something that you enjoy. The essays you write should be something that you love to read and learn about. The topics you choose should be something that will give you a bit of pleasure.

Thursday, July 9, 2020

Types Of Derivatives Traded Finance Essay - Free Essay Example

OTC derivatives are contracts which are privately negotiated and traded directly between two parties. Trade takes place excluding exchange and other intermediaries. Being largely unregulated when it comes to disclosure of information, the OTC derivatives market is the largest market for derivatives. Products such as swaps and forward rate agreements are examples. Given that trades happen in private, recording of OTC figures is difficult and this can be clearly noted from the Bank for International Settlement (BIS) figures. The total outstanding estimated amount is $684 trillion (as of June 2008). Of this total notional amount, 67% are interest rate contracts, 8% are credit default swaps (CDS), 9% are foreign exchange contracts, 2% are commodity contracts, 1% are equity contracts, and 12% are other. ETD contracts act as an intermediary to all related transactions. These derivatives are traded with the use of specialized derivatives exchanges. According to BIS, the combined turnover in the worlds derivatives exchanges totalled USD 344 trillion during Q4 2005. These publicly traded derivatives are distinctive from other derivatives even though they are derived from other financial instruments. Thus, even though these publicly traded derivatives are underlying, they can still be considered as distinctive because they provide to investors the access to risk, or reward, and volatility characteristics. Derivative Classes There are three major classes of derivatives: Futures/Forwards Contracts to buy or sell an asset on or before a future date at todays price. While a future contract is a standardised contract written by a clearing house that operates an exchange where the contract can be bought and sold, a forward contract is a non-standardised contract written by the parties themselves. Options Contracts that give the owner the right, but not the obligation, to buy (in the case of a call option) or sell (in the case of a put option) an asset. The price at which the sale takes place is known as the strike price, and is specified at the time the parties enter into the option, normally for Europe the maturity date. Swaps Contracts to exchange cash on or before a specified future date based on the underlying value of the asset. More complex derivatives can be created by combining the elements of these basic types. For example, the holder of a swaption has the right, but not the obligati on, to enter into a swap on or before a specified future date. The underlying asset can vary amongst the following: Interest rate derivatives Foreign exchange derivatives Credit derivatives Equity derivatives Commodity derivatives Uses of Derivative Instruments Derivatives are used to: Cause a large difference in the value of the derivative when a small movement occur in the value of the underlying asset. This is done because derivatives provide to investors leverage and gearing. Make a profit if the value of the underlying asset moves the way the investor expected it would. This is done through speculative instruments. Hedge or mitigate risk in the underlying, and this is done by entering into a derivative contract whose value moves in the opposite direction to their underlying position and cancels part or all of it out. Obtain exposure to the underlying asset where it is not possible to trade in the underlying asset itself (example weather derivatives) Create optionality where the value of the derivative is linked to a specific condition or event (example the underlying reaching a specific price level) From the cases relating to fraud being analysed under question, it was noted that the derivatives mostly used were tho se relating to hedge risks and those used for speculation. For this reason, more information is listed hereunder on the two. Hedging is a technique that attempts to reduce risk. With this regard, derivatives can be considered a form of insurance. Derivatives allow risk about the price of the underlying asset to be transferred from one party to another. For example, a grape farmer and a wine maker could sign a futures contract to exchange a specified amount of cash for a specified amount of grapes in the future. Both parties have reduced a future risk: for the grape farmer, the uncertainty of the price, and for the wine maker, the availability of grapes. However, there is still the risk that no grapes will be available because of events unspecified by the contract, like the weather, or that one party will renege on the contract. From another perspective, the farmer reduces the risk that the price of grapes will fall below the price specified in the contract and acquires the ris k that the price of grapes will rise above the price specified in the contract (thereby losing additional income that he could have earned). The wine maker, on the other hand, acquires the risk that the price of grapes will fall below the price specified in the contract (thereby paying more in the future than he otherwise would) and reduces the risk that the price of grapes will rise above the price specified in the contract. With regards to speculation, derivatives can be used to acquire risk, rather than to insure or hedge against risk. Thus, some individuals and institutions will enter into a derivative contract to speculate on the value of the underlying asset, betting that the party seeking insurance will be wrong about the future value of the underlying asset. Speculators will want to be able to buy an asset in the future at a low price according to a derivative contract when the future market price is high, or to sell an asset in the future at a high price according to a d erivative contract when the future market price is low. Individuals and institutions may also look for arbitrage opportunities, as when the current buying price of an asset falls below the price specified in a futures contract to sell the asset. Criticisms on Derivatives Large Possible Losses The use of leverage or borrowing can result in large losses when using derivatives. This is because investors would be earning large returns from small movements in the underlying assets price. On the other hand the opposite may be the result if the price of the underlying assets moves against them significantly, causing the investors to lose large amounts. Counter-Party Risk Derivatives, especially swaps, expose investors to counter-party risk. A person wanting a fixed interest rate loan for his business, but finding that banks only offer variable rates may choose to swap payments with another business who wants a variable rate. However, if the second business goes bankrupt or if interest rates increase, the businesses will be adversely affected with possible causes of bankruptcy. Unsuitably high risk for small/inexperienced investors Derivatives pose unsuitably high amounts of risk for small or inexperienced investors. They are also attractive to individual investors because they offer possible high rewards. Speculating in derivatives require the investor to show adequate experience and market knowledge because of the dealings being made with high risks. Large estimated value There is the danger that the use of derivatives could result in losses which the investor wouldnt be able to compensate for because of the large values being estimated. When already in an economic crisis, the possibility of chain reactions increases. A famous investor, Warren Buffett  [1]  referred to derivatives as financial weapons of mass destruction. Distortions being created in the real capital and equity markets when using derivatives might lead to false decisions being taken. Benefits of Derivatives Derivatives facilitate the buying and selling of risk; and many people consider this to have a positive impact on the economic system. However, although when using derivatives someone loses money while someone else gains money, under normal circumstances, trading in derivatives should not adversely affect the economic system. Conclusion It was noted that a major factor leading to the growth of derivatives trading in currencies was the collapse of the Breton Woods agreement in 1971 and the resulting shift from a fixed to a floating exchange rate regime. There were those who argued that when derivatives are employed correctly, derivatives can be used to reduce risk, not increase it. As such, one can conclude that derivatives are only as dangerous as the hands they are placed in.

Tuesday, May 19, 2020

Macroeconomics The Fiscal Policy - 894 Words

1. Fiscal policy is defined as the use of government spending and taxation to influence the economy (Weil, 2008). All government spending influences the economy in some way, but the amount of spending and where that spending is directed will have different types of effects on the health of the economy. The same can also be said for taxation who is taxed and how creates incentives that guide the course of the economy. By contrast, monetary policy is the actions undertaken by a central bank ¦to influence the availability and cost of money and credit to help promote national economic goals (FOMC, 2012). Thus, the objective of monetary policy is to provide the means for economic activity to take place, and guide the level of economic activity in the country, whereas fiscal policy relates to specific spending choices on the part of government. 2. Keynes pointed about that fiscal policy can be used to stabilize an economy. The basic idea is that because government spending contributes to the economy, changing the level of government spending can have an effect on the health of the economy. Hayek argued that government will inherently be less efficient with respect to economic planning and resource distribution. Note that this is not a direct refutation of Keynes, because Keynes does not argue that government is the best at resource allocation, only that government intervention is sometimes beneficial during difficult economic periods. Keynes is, if nothing else, lessShow MoreRelatedMacroeconomic Policy : Monetary And Fiscal Policy1030 Words   |  5 PagesMacroeconomic Policy: Monetary Fiscal Policy Monetary policy is used by the Fed to regulate the supply of money and credit in the economy. The purpose of monetary policy is to promote maximum employment, maintain the price of goods, and to control long-term interest rates to increase economic growth. 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Wednesday, May 6, 2020

The Documentary Stress Silent Killer - 1130 Words

The documentary â€Å"stress silent killer† was not only eye opening, but also enhanced the overall learning experience. As humans, we have a natural response to stress, and we cannot locate the off switch in regards to turning off the stress. Most often, we stress for no actual psychological purpose and we are doing so in a relentless manner. After time goes on the stress response turns out to be more impeding than the stressor itself. A definitive objective boils down to having the right type of stress because in the event that we do not involve the right kind of stress there are hazardous outcomes. This can incorporate increased heart rate, high blood pressure and a weak immune system. There is what we call â€Å"good† stress otherwise known as eustress and â€Å"bad† stress known as distress. Some good stresses I have participated in are going on rollercoasters and snowboarding and scary movies. I enjoy these stressors because I get the thrill but it safe controlled setting. 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Marketing & Entrepreneurship Creating Customer Value

Question: Discuss about the Marketing Entrepreneurshipfor Creating Customer Value. Answer: Introduction Creating Customer Value Building Relationships Marketing, in short, refers to the promoting of business and selling products and services through market research and advertising. It is based on the concept of choosing target markets through analysis and segmentation thereby understanding its influencing prospect over consumer behaviour. This provides a link between the material requirement and economic patterns and thus satisfies the needs and wants of the consumer through the developmental exchange process (Barrett Weinstein, 2015). It has built a long term relationship providing services to an applicable audience worldwide. Marketing has standout to be the most important influencer for peoples lives. Starting from buying the goods and services, purchase storing, its effect over a communication channel including TV, Radio, Television, Internet to drawing near the potential employers who have curricle themselves to fountain their rest under the marketing scope (Harker Lam, 2014). For the employer, this has paved an exciting car eer path driving out the area of specialization and letting a continuous flow over market dealing. Marketing plays an important role in economic growth through stimulating research and new ideas, providing choices as per products, and engaging in profit and non-profit companies, it has improved the standard of living. It has broadened its theory to macro and micro marketing. Market focus takes us back to its era of evolution. It was framed taking into account its trade analysis matter, production, oriented, sales, department, company, and society (Hacioglu et al., 2012). This concept led to the formation of a coordinated and integrated manner that satisfies customer intended goals. Taking the customer value the benefit perceived by the customer is the cost that it perceives when higher price makes acceptable the benefits. Again the competition in marketing cannot be ignored as it creates a superior value to compete. Relationships are building to maintain a long term retaining. There are particular links between marketing and other functions like finance, accounting, human resource, information systems, non-profit organizations, and other social responsibilities and marketing ethics. There are global aspects that impact on competition and opportunities (Ionit, 2012). Strategic Marketing Planning This context explains the brief discussion about marketing and their implied function. It details the strategic planning of marketing, its framework, the four Ps marketing mix, few briefing theory about marketing strategy, programs and difference between international and global strategy (Kraus et al., 2012). The four Ps strategy helps in organizing framework bring detailed decisions and creates an idea to all marketing decision to work together as a whole. Planning of market requires spelling out about the offers, target market and its time, resources needed, their expected results and controlled procedures (Lam Harker, 2013). These marketing plans have a structure to their strategic defining and tactics, budget, audit control procedures. They also frame target market and segmentation and lay various objectives and goals whereas the program helps in blending the companys marketing plan into a big plan. This requires effective building up process. Identifying Marketing Opportunities This resource is context to understand the searching techniques over opportunities, the effect of competitive pressures and their macro environment influences, screening, and evaluation of market strategy opportunity, and the logic for laying planning grids and matrix. The environmental forces deal with the implementation of direct marketing and external market. The company should have its objective in order to state its mission and generics activities. It enters into the competitive situation to engage in identifying pure competition, oligopoly, monopoly, monopolistic competition (Oly Ndubisi Iftikhar, 2012). Because of the marketing ix the company can set its market and understand current competitors offering. It also anticipates the likely plans and monitors effect as per the change in competition. There are few attractive opportunities like marketing strategic planning (finding attractive opportunities), various break through (enabling innovators to develop strategies) and compe titive advantage features (target market perceives marketing mix). Basically, these opportunities are market perception, product development, market development and diversification based upon the current and new market chosen (Ruiz, 2014). Again, the opportunities are crucial to evaluate as they carry different risks based upon the types discussed. Most useful ad or methodology are generated for evaluation like SWOT analysis (concerning to identify the strength, opportunities, weaknesses, and threats). Marketing Research Information Management Here there is a brief exploration to define and solve marketing problems, gather all primary and secondary data, find out the difference between qualitative and quantitative research and its methods. In market research, there are procedures to analyze information and make a marketing decision. It also focuses on new information and can be handled inside the company or by specialists. There is little scientific market research that should be combined with strategic planning which involves developing, testing and decision-making framework. The qualitative research seeks the depth, is opening ended, provide good ideas and is important in narrowing the research problem. This utilizes the sampling method for surveying, observation, and experimentation (Oly Ndubisi Iftikhar, 2012). The MIS or Marketing Information System organised the continuous flow of gathering and analysing of information. It is purely focused to make marketing better in decision making considering the specific informa tion required and then utilising the opportunities. Market Segmentation This case discusses the role of market segmentation, its varieties in the international market, basic approaches to market-oriented strategy and discussing its positioning and perceptual mapping. Understanding the market segment requires identifying and understanding the needs of particular groups and customers. It aims at the product segmentation over knowing the population. Segmentation involves its criteria over similar responses and segmentation dimensions. Few possible segmenting dimensions are based upon the Customer relation to their geography, age, sex, family, income and education; and the situation-related based upon benefits and consumption (Kraus et al., 2012). In the case of segmenting dimension, these are relevant to product and affect the purchase of a specific product or brand. There are few examples of segmentation dimensions like the type of customer, demographics, buying situation, kind of relationship and purchasing methods. Again the approach to the computer-base d method of segmenting involves clustering, customer databases, conjoint analysis framework. Over a broad product market, they fill the segment over the single target, multi target, and combined target. These are as per the selection to homogenous segments, selecting two or more segments and developed and combined marketing mix over single and combined. References Barrett, H. and Weinstein, A., 2015. Corporate entrepreneurship, the marketing mix, and business performance. InProceedings of the 1997 Academy of Marketing Science (AMS) Annual Conference(pp. 144-150). Springer International Publishing. Harker, M. and Lam, W., 2014. Marketing and entrepreneurship: an integrated view from the entrepreneurs perspective. Hacioglu, G., Eren, S.S., Eren, M.S. and Celikkan, H., 2012. The effect of entrepreneurial marketing on firms innovative performance in Turkish SMEs.Procedia-Social and Behavioral Sciences,58, pp.871-878. Ionit, D., 2012. Entrepreneurial marketing: A new approach for challenging times.Management Marketing,7(1), p.131. Kraus, S., Filser, M., Eggers, F., Hills, G.E. and Hultman, C.M., 2012. The entrepreneurial marketing domain: a citation and co-citation analysis.Journal of Research in Marketing and Entrepreneurship,14(1), pp.6-26. Lam, W. and Harker, M.J., 2013. Marketing and entrepreneurship: An integrated view from the entrepreneur's perspective.International Small Business Journal, p.0266242613496443. Oly Ndubisi, N. and Iftikhar, K., 2012. Relationship between entrepreneurship, innovation and performance: Comparing small and medium-size enterprises.Journal of Research in Marketing and Entrepreneurship,14(2), pp.214-236. Ruiz, J., 2014. Marketing capability, entrepreneurship and organizational innovation inhotel sector.Ecorfan Journal,5(12), pp.2109-2118.