Pearl Group of India Case Study Example | Topics and Well Written Essays - 4750 words

Pearl Group of India - Case Study Example In the situation where world markets are contracting due to the recession the company needs to rectify the situation immediately or it is like to suffer irreversible losses. Â  The company has ample resources but the Board of Directors is convinced that some of its resources need to be reviewed for efficiency and results. To achieve such Functional capability and efficiency, the Board mandated the management to organize all its operations that were spread over a wide geographical area. They were given a time frame of twelve months to complete this exercise. Â  It is understood that the way to achieving efficiencies lies in Technology up-gradation. This was the most important, yet the weakest of all resources they have. To overcome this issue it was agreed that the best option was to have an integrated ERP solution and to discard the several smaller software packages. This would result in the seamless flow of data from point to point and instant information will be possible. This would form the backbone of the efficient organization. The ERP would provide the required system that was missing and would bring back resilience and efficiency in the organization. Most losses occur due to bad decisions that rely on inaccurate data or on assumptions only; therefore the biggest benefit of an ERP is whoever receives a meaningful report is able to take informed decision and thus ensure an increase in productivity and profits. Â  Use of computers has become universal and small packages have been developed to Inventory Management system. These are very versatile and give good and fast results and perform well when used in smaller organizations. When large organizations use them they are found short of requirements on several counts.

Research Report Essay Example | Topics and Well Written Essays - 1000 words - 3

Research Report - Essay Example g in mind that less that 65 percent of Australian tourist are locals hence the market needs to be invested in and promotions carried to promote international customers. A market share is a contributing factor towards any business achieving certain revenue. The report was design to determine the reason as to why Village Road show Theme Parks have been registering a decline in revenue from international customers. There exist models in which the theme parks should design and adapt tin order to keep their revenue flow at bay. The reports will analyse on the nature at which these models would prove effective. The base of the changing trend will be the year 2003. The negative effects of reduced international customers would be used as a means of innovating marketing strategies to increase the local customers and use the increased number to compensate the amount of revenue lost as a result of reduced number of international clients. There exist emerging trends in the Theme Parks in that the demand for services offered has led to competitors appreciating the market and investing. Village Road show Theme Parks are designed to offer a range of diversified services. The theme benefits from the economies of scale due to its diverse nature. The theme parks operate on the basis that both the local and international tourist would enjoy services provide in the parks. Revenue collected range differently in every theme park under the Village Road show Theme Parks brand name. The park boast of various parks and according to Australasian (2014), the launch of wet and wild Sydney Park, saw the theme park register a 6 million profit within week one of its inauguration. The revenue increased as compared to 2009. The year indicated higher number of local tourist as compared to international tourist, The management decision to venture into the Asian market was a positive move. According to March (2003), Australia was the preferred destination for many of the Asian tourist. Over the

Managing Business Processes& Information Essay Example | Topics and Well Written Essays - 3000 words

Managing Business Processes& Information - Essay Example In the recent phenomenon, it has been widely considered that customers are among the biggest assets of any form of business in the modern day business scenario. The performance of any business unit is therefore largely dependent on the approaches and perceptions of the customers towards the business and its products and/or services (Brandi, 2001). Subsequently, the concept of customer service comes into being. Aspects, such as gaining customer loyalty and their retention over a long time-period, comprise the approach of the companies towards managing the customers effectively. Theoretically, customer’s services are referred to the provisions or the approaches followed by contemporary business units in serving their customers with the sole intention to augment their brand value and correspondingly, increase brand loyalty for the products/services on offer under the brand. It is the process that companies follow while dealing with the customers before and after the purchase of t he product to ensure highest possible satisfaction to the buyers. This not only facilitates companies to attain maximisation of their profit level but also ensures the overall sustainable development of the company, assisting it to suffice the stakeholders’ interests to a substantial extent. As per the principle of customer services, organisations are also directed to be responsive towards the complaints of the customers and their expectations from the business and strategize their move accordingly in alignment with the market trends (Slack, & et. al., 2011; Svendsen, 1998). This will make sure that the customers are satisfied, rewarding maximum loyalty to the business units, which further determines due compliance of the statement by Dr. W Edwards Deming - â€Å"Keep the customers coming back; not the products.† In this context, the paper intends to conduct an elaborate discussion on the statement of Dr. W. Edwards Deming with focus on its central theme. Furthermore, the paper also emphasises replicating the various dimensions of the statement by illustrating the case scenario witnessed in Tesco, a global retail chain that is currently dealing with the problem of weak customer services. Accordingly, certain recommendations for improvement will also be provided to the same. Explaining the Central Focus of the Statement – â€Å"Keep the Customers Coming Back; Not the Products† by Dr. W Edwards Deming It is evident that customers are one of the most prominent stakeholders for any sort of business and they tend to have a direct and strong impact on the efficiency and effectiveness of the business through responding to the company’s operation. Thus, it is important that in order to attract the attention of the customers, companies need to come up with various diverse ideas in order to preserve the interests of the customers as intact towards the business for a longer period of time. Contextually, it can be

Company Valuation Essay Example | Topics and Well Written Essays - 2000 words

Company Valuation - Essay Example On the other hand, non-merging firms had a strikingly better record than merging firms from the standpoint of the original shareholders. Further analysis suggested that firms engaging in pure conglomerate type mergers grew most rapidly, while firms engaging in pure internal growth grew most profitable, although growth by conglomerate type merger was more profitable than growth by other types of merger. Merger tends to be for growth, not for profitability. However, also merger is the result of the internal and external pressures and opportunities confronting the firm. Changes in the environment in which a firm has been operating may include merger by competitors and may cause the firm's managers to experience increased uncertainty. This increased uncertainty produces a desire to merge in order to reduce uncertainty. Merger occurs if the desire to merger is accompanied by managerial ability and willingness to carry through an actual merger. Two processes are at work. Mergers occur when the relationship between firms and their environment is disturbed by changes in latter. They have suggested that the amount of competition that is acceptable is limits. Aaronovitch and Sawyer have advocated an approach to merger that "the costs of rivalry" generated by the process of oligopolistic rivalry which fall on the firms involved and would be reduced if rivalry were reduced .The costs in question are those of undesired excess capacity, research and development and promotion and marketing. The major destabilising force to which Aaronovitch and Sawyer have drawn attention is the intensification of international competition. They have examined the relationship b-n indices of international competitiveness and merger activity. The expectation that there would be more mergers the worse the balance on current account and the higher the level of imports was confirmed. No generally agreed theory has been developed. The profit and growth maximisation hypotheses has been recast in terms of their effect on share prices and hence the probability of takeover. Interest on the effects of merger has for the most part been motivated by welfare considerations, although more recently their role in shaping the longer term evolution of the socioeconomic system. Cook and Cohen have pinpointed the general difficulty in the introduction to their detailed case studies: "mergers are a reaction to a changing situation. Judgement depends upon comparing the effects of what actually happened with the effects of what might have happened. Sensitivity analysis is the process of varying the assumptions underlying a decision to determine the decision's sensitivity to those assumptions. It enables managers to assess how responsive NPV is to changes in key variables that are used to calculate it (Drury 1996). Some of the factors that influence the NPV of multinationals are taxes, exchange rates, estimating the terminal value of a project using different methodologies, political risk and the real operating options (Buckley 2000). NPV is calculated using the estimated

Considering all the legal developments of the last few years, what is Essay

Considering all the legal developments of the last few years, what is there left to improve in the field of Employment Law in th - Essay Example The Pope does not come down from his thrown very often. No one would ever deny that the Papacy has not wielded some influence in secular politics through the course of Western History. At the same time, that it is true that Pope's oppose fairly infrequently. Pope's don't hang around chambers after Question Period in the Commons trying to pitch stories to the media. It is in this sense, that it is being emphasized that Pope's do not come down from their pillar''s very often to directly make political statements. As was articulated in 'Pope Benedict attacks government over Equity Bill' [BBC, 11:30 GMT, Tuesday, 2 February 2010]: Human rights campaigner Peter Tatchell said the Pope's comments were a "coded attack on the legal rights granted to women and gay people" [BBC, Feb. 2, 2010]. The Equity Bill envelopes a number of arguably diverse legislation's that preceded it. While the Pope did protest The Equity Bill, he did not oppose Employment Equality (Age) Regulations 2006, Employment Equality (Sexual Orientation) Regulations 2003, and the Employment Equality (Religion or Belief) Regulations 2003. By no means was this the only context or situation where employee rights were overlapping with human rights. Thus, what influenced the constituent parts of the Equity Bill might also include some legislation progressions dating at least back to 1970 which was the date of the Equal Pay Act. Between the tripartite components of 2006, 2003, and 2003, was also the Sex Discrimination Act of 1975, and the Race Relations Act of 1976, and finally, Disability Discrimination Act which was introduced in 1995: As it was described in the BBC News Magazine in 2007: â€Å"It is not a piece of legislation welcomed by all and it was bitterly opposed by parts of the Catholic Church† [Geoghegan, BBC News Magazine BBC, April 30th 2007]. As is consistent with principals and practices of equity under the British legal system, basic rights have been extended by acknowledging that same sex-partnerships have every right to be recognized. It is a form of legal reform that is prevalent through Europe and in North America. While the Equality Bill is â€Å"for the purposes of anti-discrimination legislation, The Government considers that it is important to maintain current models of disability, which draws on different models for different purposes† [The Equality Bill: Oral and written evidence, p. 210]. Another significant body of legislation that has impacted employment law in recent years, was the introduction of the Employment Equality (Age) Regulations in 2006. This was a legal challenge to the Default Retirement Age [Davies, Ed., 204]. While the judge did not find that any of the regulations had been breached with regard to the Default Retirement Age in accordance with the European Union's Equal Treatment at Work Directive. It is important to employment law because of the obvious connection with work-related retirement, but also because of the human rights issue involved with the legislation. Age discrimination has been one of the strong arguments made against the Default Retirement Age. It has been argued in court, that forcing someone to retire at any one particular age, is a form of discrimination: â€Å"this term encourages the perception that age discrimination is less important than other forms and can obscure discrimination arising from multiple intersecting identifies of people of all ages† [Meenan 290]. Just as an employer cannot legally tell someone that they are too old for a

Cyber Attacks and Security Research Paper Example | Topics and Well Written Essays - 1000 words

Cyber Attacks and Security - Research Paper Example This type of cyber attack constitutes the insertion of a computer virus into the end user’s computer, which will ensure that the information used and stored by the user is monitored. This privacy violation is usually perpetrated with the use of spyware, which is usually undetectable by the end-user of the computer. The spyware is downloaded into the user’s system without express knowledge or authorization, and is later used to gather information about the user. Even though this type of attack is not usually malicious, it is used to gather information about the user; information that is then transmitted to the perpetrator. The main aim of this cyber attack is two-fold; monitoring the general movements and procedures of the intended victim, and copying and transmitting information about the user to the perpetrator. The main benefit derived is usually financial, since the information can be used to access financial data and storage, or can be used by a rival organization t o gather product or financial information about another competitor. The second constituent of cyber attack is usually malicious and intended to cause harm to the targeted victim (Lipson, 2002). For example, the perpetrator of this cyber attack can sue a virus that disable the usability of a computer in a network or the network in its entirety. In this case, a computer virus is introduced via an existing network, and contrary to the first example, is used to disrupt the working of the computer. This can be done through continued spamming of the user, or by causing a crash or denial of service to the user. The usual result of this type of cyber attack is the denial of service to the user, possible loss of time and earnings, and the disruption of normal working procedures by the affected person. The third and worst form of cyber attacks is when it is used by conventional terrorists to achieve their means, for example, when the Internet is used to disrupt the functioning of a countryâ⠂¬â„¢s systems (BNAC, 2007). This is usually done through the disruption of the provision of public services, for example, the use of cyber crime to disrupt the functioning of a power grid. This means that online terrorists use the Internet to weaken the infrastructure of a country by stopping or disrupting the provision of normal services. In this case, a country can be severely weakened if terrorists use a series of attacks to disrupt key parts of the economy, for example, disabling electricity provision, water provision, and the coordination of health systems (Cashell, Jackson, Jickling, and Webel, 2004). Even though these kinds of attacks are rare, countries have taken a number of steps to ensure that they never happen, since it leads to a possibility of completely weakening state systems. In the recent past, there has been an increased call for the government to respond to cyber attacks targeting the country with conventional weapons. The main reasoning behind these calls is th at cyber terrorism qualifies to be called terrorism, and since the government is obligated to prevent terrorism, conventional weapons should be used (GFI, 2011). However, a more reasonable reaction to cyber attacks is based on preventing the future occurrence of the attacks. Many organizations would find it hard to recover from a cyber attack aimed at crippling operations; therefore, it is advisable that these firms avoid the attacks. It is evident that, since cyber attacks are mainly

The Patchwork of Reality and Fiction in Tim O’brien’s the Things They Carried Essay Example for Free

The Patchwork of Reality and Fiction in Tim O’brien’s the Things They Carried Essay The Patchwork of Reality and Fiction in Tim O’Brien’s The Things They Carried Tim O’ Brien, in his recent fictional story The Things They Carried, illustrates the struggle to unravel and grasp ambiguities of the war in the most unusual way, by understanding it through the mind’s eye. He resolutely transgressed the boundary between fiction and reality, and struggles to demonstrate that the illusory dimension can frequently be more real, particularly in the events leading to the Vietnam War, than reality itself. Communicating the view of ambiguity of an ordinary soldier about what really took place in Vietnam by narrating the imagined domain as though it is the real work, and afterwards challenging these realities once more, can be viewed as a deviation of the poignant and disturbing statements American soldiers use to express their own doubt about what took place in Vietnam. They drew on these expressions to transform the inexpressible and horrifying and ambiguous into reality. Likewise, O’Brien narrates tales and realities that are merely fleetingly definite and factual. In the section ‘Notes’, O’Brien illustrated the process of merging illusion and reality (O’Brien 1990, 152): By telling stories, you objectify you own experience. You separate it from yourself. You pin down certain truths. You make up others. You start sometimes with an incident that truly happened, like the night in the shit field, and you carry it forward by inventing incidents that did not in fact occur but that nonetheless help to clarify and explain. In the above passage, O’Brien shows that impossibility of knowing exactly what took place. He urges his readers to become aware of the events in the Vietnam War that they do not know and perhaps will never be aware of. The Things They Carried brings the readers to the Vietnam War through the author’s webs of narratives. O’Brien informs us that we will never truly know what exactly happened in Vietnam. And the realities of the Vietnam War will die alongside the people who experienced the ‘real’ and ‘unreal’. References O’Brien, T. The Things They Carried. New York: Mariner Books, 1990.