Sunday, March 29, 2020

Evaluating JIT Training Tasty Coffee

As soon as Tasty Coffee Company purchases iPad devices, E-learning will become efficient and effective and this will enable employees to acquire skills using methods that are most convenient to them. Additionally, just-in-time training means that employees will be in a position to learn when they want to learn in order to solve a particular problem at the work place.Advertising We will write a custom research paper sample on Evaluating JIT Training: Tasty Coffee specifically for you for only $16.05 $11/page Learn More This learning is highly motivational because the problem at hand will be solved immediately after its identification by the employee. Additionally, JIT entails acquiring of relevant information followed by a critical thinking which results to development of problem solving skills (Clark Mayer, 2011) The areas that need to be improved in the JIT design include marketing and sales, finance and accounts, logistics, procurement and treasury de partments. The sales and marketing department could be improved through the use of messages that depict products as unique compared to other products from competitors in the industry (Clark Mayer, 2011). Additionally, the feedback from customers regarding the products should be put in consideration in order to improve on the product’s area of weakness. Products and services are also delivered on time because there is no need to travel as both the products and services are displayed online and could be accessed at any time by the customers. The finance and accounts systems could improve since the systems would have minimal inventories. This could be enhanced by the fact that the application of JIT would enable the company ignore small inventories. Further, it could also allow production of both account and financial statements whenever they are required (Bregg, 2006). Consequently, JIT could improve efficiency and effectiveness in accounting and finance and this in turn could facilitate accountability. In addition, logistics could be improved by avoiding unnecessary stock which translates to extra storage costs. The procurement department also could embrace JIT to allow the purchase of raw materials needed on time. Additionally, this could remove unnecessary processes and activities which translates to time wastage in the production. Further, JIT improves quality and supplier’s reliability because they deliver the goods and services exactly when needed by the customers (Clark Mayer, 2011).Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Additionally, raw materials required in the industry are availed to the departments that need them in time. Generally, JIT in logistics aims at perfecting the production process and also on cutting of unnecessary costs in the production process. The treasury department could be improved through the use of automa ted systems that are capable of delivering the services on time. This department could work harmoniously with the financial department to make the organization achieve its goals at the stipulated time. Improvement in sales and marketing department could be through the use of modern advertising such us development of a website in which one posts information concerning the organization (Clark Mayer, 2011). This may include information about the products, services and sometime the prices of the products manufactured. The aim of this is to advertise to the customers about the services and products offered by the industry. Finance and accounts could be improved through the use of automated programmes and by avoiding paper work which could be tiresome and time consuming. Further, logistics department could be improved through the building of warehouses that are near the factory so as to fasten the delivery of raw materials. On the other hand, procurement department could be improved thro ugh the improvement of the communication systems with the suppliers which makes delivery of raw materials timely (Bregg, 2006).The treasury department could be improved through the use of modern automated systems that keep track of the cash flow. References Bregg. S. M., (2006). Just-in-time Accounting. John Wiley and Sons. Inc., Malaysia. Clark, R. C., Mayer, R. E. (2011). E-learning and the science of instruction: Proven guidelines for consumers and designers of multimedia learning. San Francisco, CA: Pfeiffer.Advertising We will write a custom research paper sample on Evaluating JIT Training: Tasty Coffee specifically for you for only $16.05 $11/page Learn More This research paper on Evaluating JIT Training: Tasty Coffee was written and submitted by user Natasha M. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Saturday, March 7, 2020

Living With Cystic Fibrosis CF

Living With Cystic Fibrosis CF Free Online Research Papers Seventy thousand children and adults worldwide are affected by Cystic Fibrosis (CF). Thirty thousand of that seventy thousand that are affected are in the United States. â€Å"CF is a chronic, progressive, and frequently fatal genetic disease of the body’s mucus gland,† (Parker and Parker 11). CF affects the digestive and respiratory systems of children and young adults. According to studies done by the Cystic Fibrosis Foundation (CFF), there are about thirty thousand Americans, three thousand Canadians, and twenty thousand Europeans with CF. CF is most common in whites whose ancestors came from northern Europe. Although it affects all races and ethnic groups it is a lot less common among African Americans, Native Americans, and Asian Americans. Every year about two thousand five hundred babies are born with CF in the United States. Cystic Fibrosis is a genetic disease. CF is a genetic disease because some individual’s basic building blocks of a gene are altered. This alteration is called a mutation which can cause the body to make defective protein or no protein at all. Children inherit this altered gene from one or both of their parents. For CF to be evident the child must have inherited two abnormal genes, one from each parent. About one in every twenty Americans is an unaffected carrier of an abnormal â€Å"CF gene.† That is about twelve million people who are usually unaware that they are carriers. â€Å"The recessive CF gene can occur in both boys and girls because it is located on non-sex-linked chromosomes called autonomic chromosomes. CF is therefore called an autonomic recessive genetic disease,† (Parker and Parker 14). The CF gene was first identified in 1989. In the past seventeen years a lot has been learned about this gene and its protein product. â€Å"The biochemical abnormality in CF results from a mutation in a gene that produces a protein responsible for the movement through the cell membranes of chloride ions. The protein is called cystic fibrosis transmembrane regulator (CFTR),† (Parker and Parker 16). When this protein is abnormal, â€Å"two of the hallmarks of CF result blockage of the movement of chloride ions and water in the lung and other cells and secretion of abnormal mucus,† (Parker and Parker 16). This makes it difficult for the body to keep organs and lungs clean and healthy because the mucus becomes thick and dry. The mutation that is involved with CF causes the deletion of three of the base pairs in the gene. This in turn, causes a decline in the CFTR protein of amino acid. Because phenylalanine is located in the position 508 of the protein chain, this mutant protein is called deltaF508 CFTR. However, deltaF508 CFTR accounts for only seventy to eighty percent of all CF cases. Various other mutations, over four hundred at the last count seem to be responsible for the remaining CF cases (Parker and Parker 17). Differences in the disease patterns seen in individuals and families probably result from the combined effects of the particular mutation and various, but yet still unknown, factors in the CF patient and his or her environment. There are many different symptoms of CF ranging from a blocked small intestine at birth to rectal pro-lapse which is where part of the rectum protrudes from the anus. One of the most obvious symptoms is salty sweat or skin. One of the most common ways to test for CF is a test called a sweat test. This test measures the amount of salt in a persons sweat. Though this test is most common it is not accurate with newborns because they do not produce enough sweat. Other obvious symptoms include a cough that does not go away, breathing problems, easily worn out from exercise or even regular activities, coughing up mucus that may contain blood or not wanting to eat causing weight loss. Colleen Cronin states in her research found on WebMD. COM, â€Å"On average people who live with cystic fibrosis will live into their mid thirties.† Depending on the stage of the disease depends on the actual life expectancy. The advancements in treatments are making it possible for patients to live into their forties and longer. Patients may live a normal life expectancy if they have mild CF. There are three main groups of different types of treatments; there is respiratory therapy which as Cronin states is a therapy that â€Å"slows down lung damage and improves breathing. The focus of this therapy is on reducing infection and getting rid of mucus to keep the lungs healthy.† Cronin also refers to a digestive therapy which â€Å"works to replace certain digestive enzymes, which make sure the body absorbs all the vitamins and minerals it needs, and prevents or treats intestinal blockages.† The third main group of treatment is antibiotics. There are two different types of antibiotics that Cronin talks about in her research; the first group â€Å"may be prescribed to help prevent infections while others may be prescribed to help fight infections.† Other ongoing treatments may include regular visits with the team of doctors involved with the patient’s case or a combination of treatments from the three main groups. If conditions get worse the doctor may order a chest x-ray, or a ct scan. If the patient experiences complications then the doctor may decide surgery is the best way to go. If surgery is needed the doctor may decide on a chest tube to drain the lungs or the doctor may decide that lung transplantation is the best option. Some patients and their families may find it easier to attend support groups or counseling to help them get through their treatments. Two major foundations that support CF are Cystic Fibrosis Foundation (CFF) and Lungs for Life Foundation (LFL). LFL was established in 2000 in memory of Edward W. Wlodarski, who died in 1998. This foundation was established so they could provide short term financial assistance to help CF patients and families with emergencies, treatment assistance and special needs assistance. Their goal is to educate the public about CF and to raise funds for programs. CFF was founded in 1955. They are a non-profit donor supported organization. They are the leading organization in the United States. They currently have more then eighty chapters and offices nationwide and they support a network of more than one hundred fifteen accredited CF care centers. CFF hosts more than one thousand two hundred fund-raising events a year ranging from dinner dances to golf tournaments. The CFF is currently actively supporting at least twenty-five potential new treatments currently in development. One of CFF’s big donations every year is from what is considers CFF’s largest grass roots fund raiser, which is held in Bristol, Vermont. Between 1989 and 2005 they had donated more than five hundred ninety-eight thousand dollars. The organizers of this fund-raiser started this â€Å"three day stampede† in 1989 when their grand-daughter was born with CF the exact same day that the isolation of the defective gene was announced. The stampede is an amazing thing to be apart of. For three years now I have helped out in anyway possible. It is a three day event; there is a craft market, a lawn sale, a silent auction, a bake sale, dinner and dance, bingo, and a walk and roll a thon. Every year the biggest local country radio station does their Sunday morning flee market on site and donates their air time and money. At the stampede you can also see many of the children and teens who have CF from a five town area that go to the high school in Bristol. It is amazing to see what a community can to do to make a difference when there is some one they love affected by the disease. Cystic Fibrosis is not a disease we realize is so wide spread because the signs are not always obvious to the human eye. Just because it is not obvious to the human eye does not mean that it is any less serious. CF can be fatal and it cuts a persons life span down dramatically. Just think that there are about twenty thousand Americans who are carriers and do not even know it. Cystic Fibrosis is more serious than we know it. About LFL. Stephanie White. 2007

Thursday, February 20, 2020

Where There Is an Invasion of Privacy by the Media, an Action in Tort Essay

Where There Is an Invasion of Privacy by the Media, an Action in Tort is Really only an Option for the Wealthy - Essay Example Recent events have added credence to this view; the law and its application by the judiciary has come under intense criticism from the media, celebrities, and politicians. In general terms, tort refers to a civil wrong because it is committed by a person against the other (the term â€Å"person† includes legal entities like companies). The law of tort and especially that relating to privacy are founded on the belief that each person has certain interests that have to be protected by law.1 These interests can be protected by the court in two main ways; issuing an injunction to the defendant to refrain from interfering with the interest of the complainant, and awarding damages for infringement of protected interest of a particular individual. Recent years have witnessed increasing number of people getting concerned about their reputation and privacy. Therefore, in an event that the reputation and privacy is infringed by writing or untrue speech, damages may be sought in the cour t of law by the aggrieved party.2 In English law, privacy law considers that individual has a right to informational privacy and the situations in which such right should be protected or disregarded. Specifically, this right to informational privacy protects individuals’ private information against unauthorized disclosure or misuse.3 The media has been the biggest â€Å"culprit† of violating the right to privacy of people in the UK. Most cases relating to privacy are usually brought against media companies.4 Recent years have witnessed a rising number of people especially the celebrities and the politicians bringing privacy cases against media companies, as well as seeking injunction from the court to refrain media from interfering with their informational privacy.5 These individuals seek informational privacy on a number of issues such as: communication privacy, health privacy, relationship privacy, and financial privacy among others. Previous and present cases relati ng to privacy show that most people who opt for tort are the wealthy and there is very small evidence of â€Å"non-wealthy† opting for an action in tort in regard to privacy. There has been a raging debated on whether, indeed, where there is an invasion of privacy by the media, an action in tort is really only an option for the wealthy. This debate has been fueled by the increasing evidence of the wealthy opting for action in tort while negligible number of â€Å"non-wealthy† opting for the same.6 This paper will discuss this debate with the view of finding out whether it is true or not. Privacy Law in the UK It is important to note that English law has no specific tort to defend privacy. As a result, the courts have had to confront this situation and balance the individual’s privacy rights against the right to freedom of speech which is often â€Å"attacked† in most cases relating to privacy.7 The development of protection of human privacy in English Com mon law has been helped greatly by the UK Human Rights Act 1998 that was incorporated through the European Convention on Human Rights (ECHR). Particularly, Article 8 of the Convention helped in guaranteeing the right to privacy into the English Common law.8 That notwithstanding though, English Common law does not have a freestanding tort of privacy. In the absence of such tort law, a variety of torts linked to inflicting harm to a person intentionally, principles of administrative law relating to proper use of police powers, and equitable remedy of confidence have been used to resolve cases relating to infringement of privacy of individuals.9 As reaffirmed in the case of Wainwright v Home Office, the application of multiple remedies and emphatic and frequent assertions by the judiciary, shows that there is

Tuesday, February 4, 2020

Islamic banking Essay Example | Topics and Well Written Essays - 5500 words

Islamic banking - Essay Example The authorship would remain anonymous. (4) I agree to my Project being submitted to a plagiarism detection service, where it will be stored in a database and compared against work submitted from this or any other School or from other institutions using the service. In the event of the service detecting a high degree of similarity between content within the service this will be reported back to my supervisor and second marker, who may decide to undertake further investigation which may ultimately lead to disciplinary actions, should instances of plagiarism be detected. (5) I have read the University Policy Statement on Ethics in Research and Consultancy and the Policy for Informed Consent in Research and Consultancy and I declare that ethical issues have been considered and taken into account in this research. People should be flexible enough to learn new things and this is the only key of trying new things. People, who tend to learn and try new things, bring all significant and productive change in environment. That can only save the world from repeating past mistake in future. People learn and try things in their own way and styles. VARK stands for Visual, Aural, Read/Write and Kinesthetic learning styles. The literature review highlights the nature of Islamic Banking, showing it to be more moral and justice based as against the misconception of it being religion based. This by itself augurs well for world communities that have been cheated of their investments through high risk securities that were based on speculation rather than healthy investments. The research carried out, though limited in nature, also points to the fact that due to its sharing of risk methods and high collaterals, the Islamic Banking system may be restrictive in a sense, yet it offers means of consolidations of investments as against throwing it away in speculative practices. Therefore, I really

Monday, January 27, 2020

An Analysis Of The National Interest Of India Politics Essay

An Analysis Of The National Interest Of India Politics Essay National Interest is one of the important concepts for a country in International Relations. As a whole, it is defined as survival and security of a state. It mainly focuses on the countrys ambitions in cultural, military and economic backgrounds (Lavy, 1996). Although national interest of a country has different dimensions, we consider security and prosperity as considered as the primary goals. The other dimensions include economic development, advancement in military operations and retention of countrys culture in this modern world. The National Interest differs from country-to-country depending on their primary goals. National Interest is a process which prioritises the main problem in which the country should develop in. India is a country with a billion people population and has different dimensions of thoughts. The need for a particular state is of lowest concern for others. So it is hard and a complex job to prioritise the national interest for the people of India. In this ess ay, let us examine the history of National Interests and also the interests of India. HISTORIC EMERGENCE OF NATIONAL INTEREST: In the early 19th century, national interest was considered as important to that of a religion. This concept of National Interest was introduced by Niccolo Machiavelli but was first seen in practice during the Thirty years war by the French Chief Minister to reduce the increasing power of the Holy Roman Emperor. After these incidents, National Interest became a dominant term in European politics. During the Congress of Vienna, the government practiced the new concept of balance of powers which resulted in balancing the national interest in many countries. The consequences of the balance of powers were devastating and resulted in the First World War, so this concept was replaced by Collective Security. The concept of Collective Security was not successful because United States did not join the League of Nations and the concept was not in the borders of National Interest (Byrd, 1996). Realist and Neo-Realist concepts emerged during the Second World War due to the dominance of power in the world. League of Nations and its idealistic approach was considered as the reason for the formation of fascist states of Germany and Italy who were the causes of Second World War. Nowadays, the concept of National Interest is often related to policies which differentiate the idealistic policies. By differentiating the National Interest with idealistic policies, it paves ways for good foreign policy by relying on multilateral institutions. The term National Interest is used by many countries to prioritise the problems they had been facing in the past and also setting goals for future forecasts. These policies are more or like the ways or processes which have a positive notion for the particular country. Antonio states that National Interest and Law and Order are different from each other and have no importance when combined together (Byrd, 1996). NATIONAL INTERESTS OF INDIA: As the standard definition states that, survival of the state is important for the citizens to pursue happiness and prosperity. India adheres to the standard definition of National Interest. According the above definition, Indias national interest should be framed taking into account its territorial integrity, economic competition from other countries and ways to reduce those threats. The foreign policy of a country also depends on the national interests for its improvement (Venkat, 2007) Considering the Indias primary national interest as states survival, security and maintaining strong relationship with other countries, Indias national interests are Energy security, deals with the prolonged desire of nuclear fuel and nuclear technology. Securing unity and territorial integrity with China and Pakistan. During this process, India should maintain stability in government and peace for its fellow citizens. The conflict between India-Pakistan will be resolved only when the social-political changes occurs in Pakistan. Improving influence among the Asian countries by providing security and military intelligence to the smaller countries. Achieving greater freedom in the Indian subcontinent in trade and investment. These national interests are set to change from time-to-time according to its fulfilment. POST-INDEPENDENCE SECURITY: Territorial Integrity and Unity are considered as one of the important objectives to be fulfilled by India. The main aim in those perspectives is to settle the disputes of Indias long borders on LOC (Line of Control) of Pakistan-occupied Kashmir with Pakistan and LAC (Line of Actual Control) with China. These borders of LOC and LAC are controlled by Pakistan and China respectively. The providence of Pakistan-occupied Kashmir was invaded by Pakistan in 1947 and on the other hand, the China invaded the borders of Arunachal and Himachal Pradesh during 1956 and 1962. It is one of the important duties of a country to protect its current borders. So India should try for a best possible way to resolve the complex disputes with those two countries. India should consider implementing some strategies and tactics to overcome the problems in these regions because these are the primary concerns for India. Having fought many wars in LOC, Pakistans army and ISI have been aiding in removing the anti -social elements from the Pakistan-occupied Kashmir providence (Parisar, 2010). As India is considered as one of the fastest developing countries in the world, it should be well equipped in terms of defence and military operations. In order to keep up the momentum going, India should come up with some policies which are helpful in reducing the poverty. In order to achieve these goals, India should maintain a good relationship with its regional countries and also with other countries like the countries in Middle East, Central Asia, Indian Ocean regions and South East Asia. This makes meaning as to why Indias stance on Non-Alignment serves as the core National Interest of the country (Parisar, 2010). The importance of Indias relationship with USA is important and cannot be undermined. Even though, USA had been hit by the worst financial crisis ever in the recent decades, it is still the most dominant super power in the world. India has always maintained a good relationship with US in the fields of trade, science and technology, security issues, energy security including nuclear and non-conventional energy sources. Secretary Hillary Clinton has also emphasized that the democratic political system of both the countries also serve as a binding factor for the close relationship. Political systems, values and other beliefs are considered as the important factors to maintain a close relationship with USA (Dutt, 2007). SOCIAL AND ECONOMIC PROGRESS: The first priority was given to the advancement of the social and economic sector after the independence in 1947 but due to the shortages in defence sector, the progress in those fields were reduced. There has been a continuous increment of economic growth over the past three decades and reduction in people below the poverty line. This change was only possible just because of the closing the gap of inequality in India. Essentially the main aim of the Indian government is to satisfy the progress in defence and development of the state as whole. Owing to a bigger surface area, free India did have a complex security situation which it failed to address it at full concern and allocating only 1.5 to 2.8 per cent of the GDP. As India is considered as one of the fastest developing countries in the world, it should look in reducing the poverty stuck people by improving the socio-economic conditions and creating more jobs for the people in the country. India is posed with the biggest challeng es in the development of social and economic sectors because it should consider the development of the middle class by eliminating the regional inequalities and social imbalances and also have a close look at the overseas Indian population. As we step into the 21st century, there are some factors from the other countries which influence the political, military and economic behaviour of India. They are: United States is ranked as the super power in the world. Its policies of creating alliance in political, military and economic sectors with other major countries have increased their influence in the international arena. This has helped the power of many countries to be rising when compared to India; India has also been influenced by China as it is growing rapidly and it is represented as the second most powerful country in the world. China will continue to follow its current political policy and represent the most powerful authoritarian state in the world; Japan should also be consid ered in this context as it is a techno-economic super power. Its policy of undermining its military power should be taken into account; Another major power which should be considered is Russia. Even though, it has been struggling because of the political-social crisis and the collapse of the Soviet Union, it has advanced in the production of nuclear weapons and encouraged its military capabilities. These features make Russia to be addressed as an important country which can make changes to this modern world; European Union is emerging as a major power as it is coordinating its policies with the alliance countries. This process will turn out to be a successful venture for India in the coming years. As we can see from the above factors that the world is turning towards the Asian land mass for its development. India has also inked in a historic deal with United States for the exchange of nuclear fuel and nuclear technology for the period of 10years in 2005. This historic deal will help reduce and fuel the growth of the industrialised India by 2020. This proves that the development in the coming years will be Asia centric (Nitin, 2007). CHANGING SECURITY CONCERNS: With advancements in the information technology and science, the world is ready for another military revolution. This revolution in the coming years could entirely change the nature of war as we know it in the present. India can be an important country which could play a role in ensuring regional and global peace around the world. The results of the cold war have not helped in reducing the mass destructive weapons and did not promote peace in many countries. In turn it made exclusive laws to retain these weapons for the protection of the super power countries to remain dominant over others. This has made the penetration of these mass destructive weapons to the small countries legally and illegally. The security concerns at this instance are deteriorating all throughout the world. So India should be more focussed on monitoring and analysing the security measures that it has taken to ensure a secure environment. These steps are considered very important for India because terrorism has involved into a biggest problem these days and are penetrating in many parts of the world. India has also partnered many countries in fighting terrorism to ensure a secure India to all the people. They have been spending 2% of their GDP for their military operations and developments. All these factors are considered as important challenges that India need to take it into account when constructing its military operations in the future. India should work with the ASEAN countries to address the security measures which are useful for the Asian regions as whole. It should also work with Non Aligned Movement countries to defend and provide solution for the international community and also keep good relati on with the major powers and main partners. India should provide a secure transfer of equipment and material that are important for Indias defence program (Venkat, 2007). Another major concern for India is that of its geographic location. India is placed just in the middle of countries which are well known for its arms traffickings and narcotics. India is placed between North West Pakistan and Afghanistan and Myanmar on the other side. The military training camps which fight the holy war against the world in the regions of Afghanistan and Pakistan should also be considered as the major threat for the security of India (Raman, 2011). The national security of India just cannot be taken for granted as it involved during the cold wars stages. The main reason for this is that of the advancement and sophistication of the weapons developed by many countries and the ways in which the wars are fought nowadays. The security that prevailed during the cold war stages only focussed on nuclear weapons and missiles but today the problems have become more complex and intense. There are many countries which have also opted out of procuring these dangerous weapons. Today countries have to build security measures which combat to the needs of political, economic and military needs in common. DEMOCRATIC MODEL FOR DEVELOPMENT: India is one of the biggest democratic countries in the world. Democracy proves to be an important tool to ensure that the benefits of the government are equally shared across the entire population without violence and exclusions. Democracy is also a process which guarantees rapid growth of power and wealth. In India, democracy has opened up to many peoples to stand for their rights. It is also stated that the other neighbouring countries after seeing the democratic model of India have ensured support and peace to all their citizens. For India, democracy should remain as a top priority in the future years to offer peaceful and proper guided country. Firstly, we need to recognise that the democratic model is never fast or easy as it is the complex combination of culture and policies. We also say that culture is not the destiny to get democracy. The countries with different culture, race, religion and different levels of development have promoted democracy and had been successful in it . In democracy, there is nothing which involves the cultural factors like Asian values, militarism or tribalism. India should promote and support democratisation by improving fair trade and investment from their citizens. The process of encouraging trade and bilateral investments also helps to improve democratic development. Political institutions should be given the power to enforce property rights to protect human rights and law. The main problem that comes into action is the corruption that takes place by the ruling party and others in power. These corruptions get unnoticed because of the fight in the corporate companies for corruption. The main strength of the present India is that of its well educated middle class population, it represents about 70 per cent of the total population. This advantage also creates new horizons for political movements and parties to establish a good government in the future. Trade also serves as one of the important issues for the development of the country, it not only helps us for the domestic economy but also for the foreign policy as a whole. Foreign cooperation with other countries, security developments and trade together helps India to be independent in the world. Promotion of democratic development is possible only when all of the above policies progress in the future (Bakshi, 2009). CONCLUSION: Even though India has been trying hard to maintain secure environment, it has failed to do so because of the threats from the anti-social elements. India has also increased their defence budget and has also acquired some war-heads and combat aircrafts from other countries. Indian government is also trying to make the better use of peoples money by updating their weapons and bringing confidence to the public as that of the Mumbai attacks. India as it goes by the roots, it takes democracy to attain peaceful and a secure country. As India is growing rapidly, it has to have a safe, secure and a stable neighbourhood. So India is ready to join and perform any security measures at the international level or regionally to bring stability and peace to the world. India should also provide security to citizens by reducing the riots in the country. It should also provide a secure environment and support for the people of India who live overseas. India owing to its multicultural society and a uni que democracy has ability to be considered as an example to many other countries to live peacefully. India in the recent years has opened its economy to foreign investors and is also providing rebates for their establishment. This has in-turn helped to boost the Indian economy from the FDIs and reaped good dividends from the markets. All these rapid developments and investments are only possible if India enhances its security and defence in the coming years.

Sunday, January 19, 2020

Unbundled Business Models: Arm’s Focus on IP

This is my first not-technical blog post more towards the business side which I know very little about but still worth trying. I will be discussing the â€Å"unbundled business model† and why ARM is focusing only on designing IP cores. I came across the term unbundled business model in a book called â€Å"Business model generation† by Alexander OsterWalder and Yves Pigneur. Which is a fantastic book and they really take the reader through the entire planning process of a business or business model generation. As most electronic engineers will be aware, ARM holdings which stands for Advanced RISC Machines (Acorn RISC Machines at time of foundation) is a British Intellectual Property licensing company. So basically they license their proprietary processor cores to semiconductor companies like Apple, texas instruments, Freescale, Qualcomm, NVIDIA etc. These cores are specifically popular in mobile computing because of their low power consumption characteristics. In fact almost all of the recent smart phone processors are based on an ARM core. Err I guess we are diverting to electronics again, coming back to the company. So the company has a unique business model, unlike other semiconductor companies like Intel or microchip who design and manufacture their processors. ARM is specialized in designing the barebones of the processor, the core (which technically is a bunch of hardware synthesis files containing thousands of lines of Verilog code, or any other language) and gives out this code to semiconductor companies to let them manufacture their own customized processor. Unbundling Business Models: The term â€Å"unbundled corporation† was coined by John Hagel and Marc Singer and it suggests that there are three types of businesses: Customer Relationship businesses, product innovation businesses and Infrastructure businesses. These sectors require different skill sets are separate entities of a corporation or ideally a separate business itself. The role of Customer Relationship business is acquiring customer and building relationships with them. Similarly product innovation businesses are involved in development of new products and services, while the role of infrastructure businesses is to manage the platform for high volume, repetitive tasks like assembly lines, logistics etc. ARM can be effectively placed into the product innovation category; they are focused on development of their IP cores for which they are well-known for. This keeps the company’s operations aligned with the target which is to build low-power high performance cores. Their business is centered on engineers, talented and creative minds which design their products and keep them ahead of the competition. Customers are not their focus, well at least not directly, customer relationship are taken care at multiple levels by the chip manufacturer, the equipment manufacturer and then the end-user company. This is a win-win situation as the result is a better product and customer satisfaction. Another company which recently unbundled the business is Dell Inc. hich shifted its focus from manufacturing to customer relationship and marketing. Reason being contract manufacturers like Clevo produce computers more cheaply as their entire focus is on finding efficiencies in manufacturing. This means Dell can focus on the brand and building customer relationship which is a much more robust business plan. It is the basic question â€Å"What business are we in? † and finding what is the key business activity. If we try to manage activities across too broad a waterfront, we run a risk of losing our edge across more and more of his waterfront. The business model has worked out well for ARM and in year 2010, 6. 1 billion ARM based chips were sold. ARM’s goal is to have ARM-based processors in more than half of all tablets, mini-notebooks and other mobile PCs sold by 2015. Leave your comments below about what you think about the ARM business model and by the way check out my project Portoscope an open source mini oscilloscope, it runs on an ARM based processor

Saturday, January 11, 2020

Five Force Analysis Essay

The Bible says in Philippians 2:3-4 â€Å"Do nothing from rivalry or conceit, but in humility count others more significant than yourselves. Let each of you look not only to his own interests, but also to the interest of others†. The industry-based view of strategy is underpinned by the five forces framework, first advocated by Michael Porter, it was later strengthen by others. The five forces strategy forms the backbone of the industry-based view of strategy. Since its introduction in 1979, has become the framework for industry analysis. The five forces measure the competitiveness of the market deriving its attractiveness (Peng, 2009). Soft drink industry needs huge amount of money to spend on advertisement and marketing. In 2000, Pepsi, Coke and their bottler’s invested approximately $2.58 billion. This makes exceptionally hard for a new competitor to struggle with current market and expand visibility. (MBA lectures, 2010). The Coca Cola Company has little worries when it comes to threats of potential entry. The beverage industry there is no consumer switching cost and zero capital requirement. Coca Cola is a beverage but it is also seen as a brand. Coke has held a significant market share for a long and their customers are loyal trying new brands are not likely. Actions indicative of a high degree of rivalry include frequent price wars, proliferation of new products, intense advertising campaigns and high cost competitive actions and reactions (Peng, 2009). The intensity of the rival threatens firms by reducing profits. Currently, the main competitor Coca Cola has is Pepsi. Pepsi has a wide range of beverage products under its brand. Coca-Cola and Pepsi are the predominant carbonated beverages and committed heavily to sponsoring outdoor events and activities. The market have other soda brands that are popular such as Dr. Pepper because of its unique flavors. The other brands haven’t been as succ essful as Pepsi or Coca Cola. Threat of existing rival is high among Coca Cola and Pepsi. Coke and Pepsi are primarily competing on advertising and differentiation rather than on pricing. Substitutes are products of different industries that satisfy customer needs currently met  by the focal industry (Peng, 2009). Microeconomic teaches the more substitutes a product has, the demand for the product becomes elastic. Pepsi is not a substitute for Coke because they are in the same industry. Tea, coffee, juice, and water are substitutes because they are beverages but are in a different product category. There are many kinds of energy drink, soda, and juice product in the market Coke doesn’t really have a unique taste it’s hard for many people to tell in a taste test which one is which. All the suppliers of these substitutes need massive advertising, brand equity, brand loyalty and making sure that their brands are effortlessly accessible to consumers (MBA Lectures, 2010). The bargaining power of buyers weather corporate or individual, firms in the focal industr y are essentially supplies. A small number of buyers leads to strong bargaining power. Buyers may enhance their bargaining power if products of an industry do not clearly produce cost saving or enhance the quality of life for buyers. Buyers may have strong bargaining power if they purchase standard, commodity products from suppliers. Buyers are just like suppliers they may enhance their bargaining power by entering the focal industry through backward integration (Peng, 2009). The most important buyers for the Soft Drink industry are fast food fountain, vending, convenience stores, restaurants, college canteens and other in the categorize of market share (MBA Lectures, 2010). The bargaining power of buyers for Coca Cola has low pressure. The individual has no pressure on Coca Cola. The consumer brand loyalty helps Coca Cola when it comes large retailers like Wal-Mart. Wal-Mart have power in bargaining because of the large order quantity. Bargaining power of suppliers are low for Coca Cola. Suppliers are organization that provide inputs, such as materials, services, and manpower, to firms in the focal industry. The bargaining power of suppliers refers to their ability to raise and reduce quality of goods and services. If the supplier industry is dominated by a few firms, they may gain an upper hand (Peng, 2009). The main ingredient for soft drink are carbonated water, phosphoric acid, sweetener, and caffeine. The supplier are not concentrated. Coca Cola is the largest customer for these suppliers. Supplier’s products are important input for the manufactures in this industry because these product are not substituted. Reference: Holy Bible Peng, M.W. (2009). Global Strategy (3rd. ed.) Mason, Ohio: South-Western Cengage Learning Porter’s Five Forces Model of Coca Cola. Nov 25, 2010