Piratesbay Case Study Example | Topics and Well Written Essays - 750 words

Piratesbay - Case Study Example Examination has demonstrated that sites that offer free music and motion pictures don't control the substance being gotten to either by downloading or live spilling. Obvious, live gushing has gotten very well known in the ongoing past contrasted with downloading. Privateer Bay is an eminent site that offers a stage for nothing downloads of motion pictures and music without approval from proprietors. The site has more than 2,000,000 clients, and the number is relied upon to be more prominent in the coming hardly any years. There exist a few different ways through which privateer sound procure cash from the administrations it gives. Basically, nobody can direct business without procuring a few benefits. One of theâ principalâ approachesâ through which the Pirate Bay bring in cash is through notices on their site. Examination has demonstrated that Pirate Bay encourages sharing of a huge number of documents very month. This delineates a huge number of individuals visit the site each month. Numerous organizations have understood that on the off chance that they use Pirate Bay site to publicize their business, colossal benefits can be produced. Accordingly, manyâ business entitiesâ haveâ establishedâ contracts with Pirate Bay to publicize their items. Accordingly, ads have been the significant wellsprings of cash for Pirate Bay. The Internet innovation has revolutionizedâ business procedures and methods of activity. The Pirate Bay has understood the advantages of site improvement to incorporate stages that offices connects to other website pages. Sharing of connections has been another method of bringing in cash for Pirate Bay. The organizations wishing to advocate their sites pay the organization a specific measure of cash to share the connections to such sites. Obviously, it very well may be watched the Pirate Bay works a P2P plan of action since the substance in the site are shared among individuals of a similar level. The cloud-based media locales bring in cash through the offer of music and motion pictures in the different online stages. What's more, the destinations

Suggested market strategy for Nandos restaurant chain

Proposed advertise technique for Nandos café network It is an individual report plotting a recommended showcasing procedure, concentrating in detail on one of the objective markets, for the future promoting course of the picked organisation(NANDOS) in managing the issues and issues recognized. It depends on the swot and twos investigation done on nandos. As per the prior research done on nandos the detailing of suitable points and goals and basically conversation of the key decisions is finished. Recognizable proof and conversation of the picture and situating system is additionally done which is portrayed by a strategic showcasing plan, examining in detail any applicable promoting blend movement. The swot examination and showcasing blend plans of its rivals is portrayed. The point is to focus on advertising techniques instead of concentrating on more extensive corporate key administration issues. The primary focal point of this task is on building up a proper strategic showcasing blend plan for a suggested system and exhibiting proof of more extensive research and perusing. Nandos is one of the quickest developing café network with a portugese/Mozambique topic. Nandos is known as the home of incredible flame broiled peri chicken. Nandos was conceived in 1987.earlier it was named as chicken land, however was renamed again after its originator Mr. Fernando Duarte. Begun in Southern Johannesburg, South Africa with a Portuguese/Mozambican subject. It was framed by two companions Fernando Duarte and Robert Broz in africa. It has claim to fame of new blazed barbecue chicken spiced with Periphery sauce, indigenous Its development can be seen with the way that there are around 700 eateries in 29 nations. It propelled its first eatery in UK in 1992 and now has more than 200 Nandos in here. . Capacities It is a café devoted to individuals with a hankering forever, individuals who love to snicker and exist to eat. At Nandos we put stock in our fire flame broiled Periphery Chicken, we accept its the best on the planet. Taste the just one of its sort quintessence and fire of our Periphery chicken which is just one of its sort. Nandos is of the best café network on the planet as it vows to offer a world class chicken involvement with sensible costs with unfailing quality, worth and commitment to its purchasers. Human Resource Team: Nandos prior known as chickenland started from South Africa.It is chain of chicken cafés, which showed up in the UK in 1992. Nandos has around 137 eateries with a staff of 2,000 and a HR group of 30. Every café has a group of two mates who are responsible for HR division . (http://www.nandos.com) Nandos the executives centers around giving well disposed and brief administrations to customers.It likewise centers around setting a solid accentuation on staff inspiration, accepting that cheerful representatives are the way to give great client support. Each café chief is known as a Patraos meaning Portuguese for leader of the family. Territory administrators are known as MDs and every ha a pleasant spending plan to hold gatherings and days out for staff.The the board is viewed as significant in running the cafés. Money Nandos has been developing as an eatery at a fast rate.it has around 700 diners in around 29 nations with the working benefits of about $140 million. iIt was propelled in the UK and Ireland itself in 1992 and now has 217 cafés here, all straightforwardly claimed and operated.Whereas in its beginning nation i.e South Africa,it has around 250 outlets which are establishments. The vast majority of its different markets are populated by establishments. (Business Times Online, UK) One of the most significant advertising instrument is 7 ps of promoting: 7 Ps of MARKETING: 7 ps of advertising incorporate physical proof, place, value, item, procedure, advancement and individuals. PHYSICAL EVIDENCE: Nandos fame could be effectively decided by glancing through its progressing expanding areas around the globe.Its roots can be seen in practically all developing countries. It is spread in around 31 nations which include: Australia, Bangladesh, Bahrain, Botswana, Canada, Cyprus, Fiji, India, Ireland, Kuwait, Lebanon, Lesotho, Malawi, Malaysia, Mauritius, Namibia, New Zealand, Nigeria, Oman, Pakistan, Qatar, Singapore, South Africa, Turkey, UAE, UK, USA, Zambia and Zimbabwe. Nandos is doing incredibly acceptable and spreading its spreading quick around the world. . Spot: Spot is reffered as the areas around the globe.It targets portraying the complete number of outlets. Nandos is situated in around 31 nations with in excess of 700 eateries is as yet developing quickly. Cost Entrance evaluating: It depends on keeping the contribution low evaluated to snatch the most extreme piece of the overall industry Rivalry valuing:- In this the attention on cost is less as thought about toâ non value competitionâ items, for example, area and administration Mental valuing:- This is showcase based methodology where the client mind is seriously influenced. Item Nandos Product portfolio principally includes fire flame broiled Periphery chicken which is the principle focal point of customers.The chicken is for the most part served in quarters,halves and wholes. Cold beverages, shakes, ice tea , starter are likewise served at an ostensible cost. Nandos additionally serves burgers, pitas, plates of mixed greens, wings and wraps. In certain nations, Nandos sells chicken livers, Espetada (a huge remain with a stick of chicken bosom and flame broiled peppers) and the Cataplana (a chicken and rice dish served in a conventional Portuguese copper dish). (www.nandos.com) It additionally makes a scope of sauces which incorporate Peri-Peri sauces, marinades, cooking sauces and a Peri-Peri Essence. (www.nandos.com). Procedure Astounding taste with nourishment - The chicken furnished is lower in fat with incredible taste and high on protein. Newly arranged Premium chicken are chosen for Nandos. At that point they are cut back for overabundance excess and marinated in Peri-Peri sauce for 24 hours for the astonishing taste. Exciting Grilling Chicken is appropriately barbecued stripped on an open fire bringing about lower cholesterol and fat. What's more, is treated on client inclination like lemon and herb, mellow or extra hot Peri-Peri. Utilizations 100% characteristic fixings and no additives, flavors, hues and no additional MSG. Advancement 360â ° special methods are utilized. For winning prizes and limits scratch cards are provided when a request is put on different combo dinner. Unique offers like worth dinners offer more noteworthy incentive for cash for the client Individuals Agreeable and brief administrations to clients. Fitting relational abilities, bent, and administration information. Responsiveness, unwavering quality, affirmation, sympathy are the KRAs Changing the exchange an incentive to the client life time esteem. Tasks Nandos is known for its mind-boggling staff. They give their best to make it a lifetime experience for the clients. I talked with some group to decide about their encounters in nandos and as indicated by the individuals it was perhaps the best café experience for them. Most popular for its peri-peri chicken which is truly mouth watering. Regardless of whether the café is occupied the request put comes to you in under 10 - 15 minutes. Not at all like different eateries the staff collaborates as opposed to irritating the visitors. Extraordinary compared to other part about nandos is that it has choices for vegan individuals too.There are a few assortments of alternatives to look over baked goods and different sweets valued between  £2 to  £3.The administration is exceptionally brisk and superb. One can browse various assortments of menu. So nandos could be a lifetime and divine understanding for the individuals. Contender ANALYSIS Situating OF COMPETITORS: MC DONALDS It positions itself as the pioneer in fast assistance eateries. So as to look after strength, they market to a more youthful arrangement of people, much similarly that our Im Lovin It battle does. KFC KFC enterprise positions itself as the universes most mainstream chicken café network, gaining practical experience in extra firm seared chicken, Twister and Colonels Crispy Strips chicken with home style thoughts which are not quite the same as others SWOT MATRIX OF McDonalds Here are some significant strengths,weakness,oppurtunities and dangers of mc donalds are depicted. Qualities McDonalds is considered as a market head in both the local and universal markets. It has an effective food planning style that follows the procedure in an orderly manner The food is modest and bunches of assortment is accessible. Shortcomings High leasing cost and high fixed expense. Value rivalry with the contenders bringing about low income. There is absence of item development as a similar menu is being utilized from quite a while. Openings It can adjust to the necessities of the social orders and experience a creative product offering McDonalds still has plans for increasingly universal development. Dangers The companys forceful global development. Outside cash variance as it utilizes standard estimating for its food things. SWOT ANALYSIS OF KFC Qualities KFC has solid trademark plans. Positions most noteworthy among every chicken café for its benefit and menu assortment. Dispersion system. Shortcomings Conceded powerlessness to offer quality assistance. Absence of information about their clients. Clashes among KFC and PepsiCo societies. Openings Abroad extension with the fast financial development. Refreshing eateries. Dangers Expanding wage rates legitimately influence menu costs. Changing client requests. BRAND AUDIT KFC McDonalds Brand picture Can chicken, wings of chicken, their mascot Chicken burgers, cone frozen yogurt, Ronald What is your observation towards the client Appreciate Crispy Chicken Experienced help which is the business standard. Jobs these brand play in your life Worldwide Appeal Worldwide intrigue with offering best support in industry What is the purpose behind going there To have chicken served A multi cheap food decision Level of mindfulness High High PESTLE Pestle is a truncation for the variables that ought to be comprehended by a com

The Ultimate Guide to Starting Your Business as Digital Nomad

The Ultimate Guide to Starting Your Business as Digital Nomad © Shutterstock.com | TwinsterphotoIt is not just a recent trend, but more and more entrepreneurs consider to start their companies as a digital nomads. In this article, we will learn 1) who are digital nomads, 2) why it is worth to become a digital nomad, 3) how to become an entrepreneurial digital nomad, 4) tools required for digital nomadic lifestyle, and 5) examples of successful digital nomads.WHO ARE DIGITAL NOMADS?A Digital Nomad is an individual who performs his/her duties as an employee or worker for a business by working remotely, i.e. from home, from libraries, coffee shops, etc. These individuals make use of the various telecommunication technologies to fulfill their job responsibilities and conduct their lifestyle in a nomadic way. Digital Nomads or Nomadic professionals work as freelance photographers, freelance writers, affiliate marketers, software developers, logo designers, web designers and other types of knowledge-based workers who can work and deliver irrespectiv e of their physical location.Some of the technologies which Digital Nomads make use of to work include wireless internet, cloud-based applications, smartphones, VOIP (voice over IP), etc. to earn their income from wherever they live and even if they are travelling. In some cases, these individuals may also utilize co-working spaces as well as shared offices to work.Short history of a Digital NomadIt all started back in 1983 when Steve Roberts became the first digital nomad as he set out on a computerized recumbent bicycle. Later in 1985, Wi-Fi was born and made way for more people using the computer systems to search information. The number of people using the internet was between 20-30 million by the end of the next decade. The term ‘Digital Nomad’ was first used in 1997, but it was only in 1999 that digital nomads became technically possible for the masses. Later on, websites such as Elance and oDesk were launched and were meant for freelance workers to find work and get paid, irrespective of their location. In 2009, National Geographic launched the Digital Nomad Blog as, by this year, this concept had become fairly common. The floodgates however truly opened in 2011 and till date, there has been no stopping the Digital Nomads.WHY IT IS WORTH TO BECOME A DIGITAL NOMAD?Top Reasons for becoming a digital nomad:Nomadic lifestyle is cheaper One of the top reasons why it is worth becoming a digital nomad is because nomadic lifestyle is much cheaper than staying at home, at least in some of the cases. According to the spending patterns of some of the digital nomads, it is cheaper to be on the go rather than staying put in one place. When you stay at one place, then you tend to pay extra sums of money for expenses like electricity bills, food costs, Wi-Fi costs, etc. But if you are travelling and working, then some of these costs may be cut down.Nomadic Lifestyle makes you more productive Another reason why you could consider being a digital nomad is because Nomadic lifestyle forces you to organize yourself more and this in turn helps you become more productive during the hours you spend working. At the beginning of your travelling period, you may be pumped up and excited about the new places and may end up exhausting yourself. Then it will finally occur to you that you are not on a vacation, and this will infuse in you more energy to perform better and be more productive using productivity tools.Nomadic lifestyle increases your horizon, and you can get more ideas through it It is a fact that as you travel and work, the nomadic lifestyle that you have chosen for yourself inspires you, the culture of new places acts as a backdrop for new ideas and you begin to inculcate these ideas and inspiration in the way you work. The life experiences of people you meet on the way act as a teacher and helps you avoid making mistakes they did. These people you meet on the way brings a fresh perspective to your ideas, and this helps you become better at what you do.HOW TO BECOME AN ENTREPRENEURIAL DIGITAL NOMAD?The following are some of the Steps you can follow for becoming an entrepreneurial digital nomad:Step #1: Save a sufficient financial basis or Consider taking risksThe first step to being on your path of becoming a digital nomad is to consider saving some money. You need to secure your finances and have sufficient capital to support the lifestyle that you aspire to lead. You need savings to travel, move around, pay your bills and buy that flight ticket to your dream destination. Well, the amount that you need to save depends upon your needs, cost of living of the place you are going, the lenght of your staying as a digital nomad, and how much luxury you aim to live in. But on the other hand, if you are someone who likes to take a few risks in life and don’t believe in saving, then you can just go with the flow and see how it will turn out to be a digital nomad.Step #2: Prepare essentials for being a digital nomadThe nex t step is to gather up the essentials that you might need on the way to a nomadic lifestyle. Well this one goes without saying but if you are a freelance writer and write on your laptop, then you will need to your laptop as well as the supporting accessories like the charger, portable net connection and others. Similarly, if you are a freelance photographer, then you need to carry your camera, the lenses, the charger, batteries, memory cards and other supporting accessories. While carrying the necessary is important, it is even more crucial to eliminate the unnecessary. As a nomad, you will be happier with the minimum possible stuff to carry.Step #3: Try to find a partnerYou might welcome the change of being a lonely traveler through the initial few days of your nomadic lifestyle, but you will soon realize that doing it all alone isn’t as easy as you thought it would be. When you travel, you are exposed to many uncertainties, and thus it is critical to have a partner or a backup. Your partner will not only be useful for your profession but will also share the dedication and burden of your work. Choose someone you trust and one who takes as much pleasure in this lifestyle and work area as you. Your partner can however either choose to travel with you or can take up a fixed base and work from there.Step #4: Make sure the idea/business model is not adversely affected by your nomadic lifestyleAnother thing that you will need to keep in mind is that your business model or professional idea must in no way get affected by the nomadic lifestyle that you choose. The best way to ensure this is that the business or startup you are thinking of pursuing must not tie you or hold you down in one place. This is why it is important to do something where communication can be done online so that your work can be taken with you wherever you go. If required, you can adjust your lifestyle as per the requirements of your startup. Come up with a business model that will only benefi t from the fact that you will be travelling or moving around from one place to another.Step #5: Choose a starting locationThere is no one best location in the world which is best for those who wish to be digital nomads or wish to tread on the path. There are numerous factors that may affect your choice of the country or location of starting such as cost of living per month, accommodation, your personal preference, etc. Some of the countries or locations that benefit those who wish to work as digital nomads include Cambodia, Vietnam, Thailand, Laos, Costa Rica, Columbia and Malta, etc. You must carefully consider the choices, weigh the factors that affect these choices and then select the right starting location for your project or work. Choosing the right starting point is extremely important as it will give you a direction and if chosen correctly, will encourage you to continue.Step #6: Figure out a reliable income without dependence on a locationThe next step to becoming a digital nomad is to choose an income source that won’t be affecting or be dependent upon the location you operate from. For example, if you are a freelance writer, then your job mainly is to write and deliver the work to the client through the internet. This job is not dependent upon your location or on the location of the client. Thus no matter that part of the world you write at, with an internet connection, you can easily send it and make money.Also, it is important to not expect some great cash flow at least in the initial few years of your startup since startups require investment and profit may only start showing after at least 2 years. But this is different than freelancing because freelancing doesn’t require a major investment. This is why it is important for a fresh entrepreneurial digital nomads to save some money in advance so that minimum trouble is faced during the first few years when the money hasn’t started flowing in yet.Step #7: Hire a virtual assistants and interna tional teamThe next step to becoming an entrepreneurial digital nomad is to start building on a team of workers around you. Hire virtual assistants from anywhere in the world, pay them online and get work delivered through the web as well. This will give you a support team around you to pull off jobs easily, faster and with much more convenience. Make sure you pay your team timely so that you don’t lose the talented and hardworking ones. The more international and diverse players you can get on board, the better it will be for your business. An amalgamation of ideas, creativity and work will give a strong boost to your startup.Step #8: Stay fully committed and love your startupIt is extremely important for you to be extremely passionate about your startup and love it immensely. If you do not have the passion and the zeal to run it, you might end up giving up on it at the very starting, thus leaving you with nothing but loss and disappointment. If you love what you do, the chances of success will only increase. Even if results don’t start showing soon, don’t be disappointed and keep working hard. Also, only work on projects you think you will love investing your time, energy and money into.TOOLS REQUIRED FOR A NOMADIC LIFESTYLEHere are some initial tools you will need when starting your digital nomadic journey.Traveling toolsKayak This platform helps to find the best travel deals and compares each with thousands of aggregators.Priceline This platform is yet another necessity for digital nomads since it bids low on last minute flights and checks their price breaker deals as well.AirBnB This platform helps to look for all kinds of accommodations such as hotels, bungalows, villas, and resorts, etc. for your stay in a new city.Communication toolsGmail Outlook is out, Gmail is in and is a necessity for all digital nomadsSkype Call anyone from anywhere for no cost at all! Not just call, you can also video call your friends using this communication tool.Goo gle Voice This is a service that gives you one phone number to route and forward to any phone, highly customizable.Doodle This is a communication tool that helps to schedule meetings very easily and that too with people belonging to all parts of the world.Invoicing Shopping ToolsPayPal This is a must have for anyone who works through the internet as it enables all payments via the net.Freshbooks This is a portal that enables online invoicing and bookkeeping.E-Junkie This platform handles all payment and fulfillment for your audio book, eBook and other products.Clickbank This is a digital products retailer that is priced very reasonably and offers an amazing affiliate community as well for your services and products.Online Marketing toolsAWeber This is a leading provider for customer list management/mailing and promotional marketing related needs.Mailchimp This is a competitor of AWeber, which provides a simpler email newsletter and gives a $30 credit too by signing up throu gh thrilling heroics.Market Samurai This is excellent and most in-depth softwares available for doing in-depth SEO keyword research and market research.Fiverr This is a site that is very helpful for online promotions and is a kind of a marketplace where people will perform many actions for just $5 USD.Self-Organization Goal-Setting toolsWunderlist This is an easy and simple to use to do list that helps digital nomads in keeping up with their goals.EXAMPLES OF SUCCESSFUL DIGITAL NOMADSThe following are some superb examples of digital nomads from whom all of us can learn something:Tim FerrissTim Ferriss is very popular and successful digital nomads in the world and is the author of the very famous book titled ‘Four Hour Work Week. Tim is an author, entrepreneur, angel investor as well as a public speaker who lives a nomadic lifestyle and holds many honors and recognitions to his name. After graduation, Tim worked with a data storage company but while he was employed, he started building his own internet business. Besides having written several books and blogs, he teaches a concept called lifestyle design under which he promotes mini-retirements and alternate career paths which he also himself follows. He truly inspires us all to take the plunge, engage in the unheard of and live life on the edge.Jodi EttenbergJodi Ettenberg began her career as a corporate lawyer and then quit her job to travel. She then started a blog by the name of Legal Nomads to share the stories of her adventures. As this site grew in popularity, she began receiving offers to work as a freelance writer and travelled around the world pursuing her digital nomadic lifestyle and living it all up. Her interest in the last few years has been more concentrated on food, and she also starts small group food walks in Vietnam.Jodi is an excellent example of someone who took the risk of leaving her settled life behind and took onto travelling and freelance writing. She continues to inspire people around the world.Jay MeistrichJay Meistrich is yet another inspiring example for everyone who wants to live and work as a digital nomad. Jay lived in San Francisco before he sold everything and took up backpacking. He has travelled to more than 45 cities in 20 countries and works for about 50 hours a week on his startup. He says that his total cost of living as a digital nomad is less than just the rent he paid in San Francisco. Jay not only rejects the idea of a 9-5 job but also the idea of settling down, boredom and of having a bucket list. According to him too, travelling is cheaper than staying at home.

History of American Medicine Essay - 1282 Words

History of American Medicine Final Paper PART I(a) With the creation of Medicare in 1966 in order to expand access for the elderly to the American healthcare system, the ways in which medicine and its corresponding industries were conducted were irrevocably changed. Prior to its inception, only 65% of people over 65 actually had proper health insurance, as the elderly paid three times as much for healthcare as young people (Stevens, 1998). The private medical sector had much more control over who they would treat, how much they would charge, and more; the passing of Medicare freed up the elderly to have reasonable access to healthcare as a consequence of a lifetime of paying into the system. The way Medicare was originally organized,†¦show more content†¦With Medicare, however, more people qualified for insurance, making them more willing to go in for preventative care (and thus preventing the need for expensive procedures later by detecting and solving problems early). Furthermore, the presence of Medicare made re cipients of Medicare 100% able to pay for their healthcare, since their coverage was provided by the federal government; this avoided problematic avoidances in payment, thus lowering the risk pool and keeping costs down. Physicians are also allowed to collect their fees right from carriers, limiting patient liability, though it is much more profitable and advantageous to them for patients to pay their physicians directly and simply get a refund from Medicare later. Medicare’s eventual organization, however, soon allowed for third parties to enter the health care market, and ensure that corporations had a larger stake in the health care system. Because of the federal government’s relative inexperience, people and medical practices would simply choose to use private fiscal agents such as the Blue Cross Association to ensure they had experienced figures. 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The World Health Organization Describes Mental Disorder

The World Health Organization describes mental disorder as â€Å"a combination of abnormal thoughts, perceptions, emotions, behaviour, and relationships with others† (Mental Disorder). Some mental disorders include depression, schizophrenia, bipolar affective disorder, dementia, anxiety disorder, etc. Mental Illness is very important today as about â€Å"1 in 5 adults in the U.S.–43.8 million, or 18.5%–experience mental illness in a given year† and about â€Å"1 in 12 adults in the U.S.–10 million, or 4.2%–experiences a serious mental illness in a given year that substantially interferes with or limits one or more major life activities† (NAMI). It is essential that people are able to treat their illness. A 2010 studies showed that about 3.9 million U.S. adults have severe mental illness that are left untreated. Out of the 2.6 million people who have schizophrenia, 51% of them are untreated. Untreated, people are shown to be an imminen t danger to themselves and to others (Fast Facts). 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Sleep Deprivation Essay - 1183 Words

Sleep is a necessity that people require to live a healthy lifestyle, and to partake in daily activities. Sleep is something that improves concentration, physical health, and provides energy. Steve Jobs once said, â€Å"For you to sleep well at night, the aesthetic, the quality, has to be carried all the way through.† Steve Jobs is proclaiming that to receive the full benefits of sleep, people must sleep the recommended hours. College students continue to undergo a lack of sleep as they persist through their time-consuming days. This lack of sleep leads to sleep deprivation and the harmful effects it persists of. Sleep deprivation has been found to be common among college students, as students now are sleeping less and less. Students are being†¦show more content†¦Studies have shown â€Å"during sleep, your brain is taking your memories, reactivating and looking at them again, and storing them in a more efficient and effective form† (Stickgold 3). Since many st udents are not receiving the proper sleep and hours, the recollection of these memories is not being stored effectively. Because of this loss of recollection, students with sleep deprivation are struggling more academically than students who do not suffer from sleep deprivation. Many students are affected by sleep deprivation as people persist through their tightly packed schedules. There is a common misconception regarding what sleep deprivation is. Sleep deprivation is the condition of not having enough sleep. Many students do not sleep the recommended number of hours they should be receiving. According to Harvard University’s Division of Sleep Medicine, â€Å"only 11 percent of American college students sleep well, and 40 percent of students feel well rested only two days per week† (Harvard Division of Sleep Medicine). 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When a class is about to end and the teacher announces the homework requirements, everybody wants to flee. â€Å"When school’s out, it should be OUT.† Homework has historically been given to students to reinforce what they learn at school and ultimately help them learn the material better. However, too much homework is not helpful, and can be counterproductive

Critical Analysis of an Article

Question: Discuss about the Critical Analysis of an Article. Answer: Introduction: The relevant thesis statement for this article would be: Reasons for the low productivity of New Zealands industries is the developing management capabilities for enhancing the performance of industries, so that the economy of New Zealand growth. The strengths of this article include an elaborate listing of issued considered as critical by the Chief Executives for different sectors (Public, Private, Not-for-Profit) and industries operating in New Zealand, identification of reasons for the poor growth of industries, listing of reasons for the brain-drain in New Zealand and identification of different categories of managerial capabilities required by managers of New Zealand (Hutchison and Boxall, 2014). Three categories have been identified for enhancing management of organizations: managing situations related to uncertainty renewal of business model, handling business partners stakeholders and handling human resources the limited internal resources possessed by the organization. The weaknesses of the article include a response from a limited number of respondents, selecting only one respondent from an organization and the entire data provided in this article is descriptive. The article does not explore the extent of managerial capabilities possessed by the managers of New Zealand that have been identified in this article and how they can use those capabilities to their advantage in challenging scenarios. Rather, it only provides the managerial capabilities required in New Zealand. Challenges faced for the implication of the new management skills In my viewpoint, it is easier to enlist the managerial calibre and talent that is required to improve the performance of different industries, but it is very difficult to measure and represent the managerial capabilities possessed by different levels of managers in quantitative form. It is very important to make a list of most challenging situations and key risks encountered by different industries in order to address or tackle them in a better way. Likert scale is an effective tool for rating the intensity of different challenges and risks. Yes, I do agree with the thesis statement because management plays the most important role in streamlining the performance of an organization operating within a particular industry and improving its efficiency/ productivity. There are different levels of management that take decisions for the smooth functioning of an organization. For example, strategic decision making related to issues that have long-term implications for the organizational structure, broadening the product/ service categories, supply chain, targeting new market segments etc. is done by the upper management. Tactical decision making related to issues like short-term sales targets, staff management, marketing techniques etc. is done by the middle level management. Operational decision making regarding the day-to-day activities taking place in an organization is done by the front-liners or the low-level managers. Entrepreneurship can be defined as the ability of the management to run a business with the available resources and making business decisions on the basis of present market scenario and future uncertainties. A good management runs a business while accepting all the challenges, anticipates risks and learns from the mistakes make by the organization itself and other organizations in the same/ different industry. Innovation is the key to succeeding in todays competitive environment. It is about efficient utilization of the available resources and making appropriate decisions that help an organization to earn maximum profits. The organization needs to exploit all the available opportunities that lead to success. For every organization selling products or services or both, it is very important to have knowledge about the market (trending techniques/ technologies, market size, the scope of profitability/ growth, pricing trends etc.) and the customer base. These days it is very important to create an excellent customer experience (Mastrini, 2008). Every organization should do a PEST analysis to understand all the external factors that impact the organizations decision making. This analysis takes into account the Political (political stability, level of democracy, the attitude of government towards trade, laws related to wages, consumer laws, trade regulations, laws related to taxes etc.), Economic (employment level, purchasing power, income distribution, inflation rate etc.), Socio-Cultural (demographic factors, standard of living, lifestyle, traditional values, beliefs etc.) and Technological factors (investment in R D, introduction of new operational techniques, acceptance of new technologies etc.). Every organization is accountable to its shareholders and primary/ secondary stakeholders. Stakeholders include everyone who is associated with the organization in a direct or indirect way. Primary stakeholders include existing customers, employees of the organization, suppliers of raw materials/ machinery, financial investors etc. The organization's decisions and operations have a direct impact on these stakeholders. Secondary stakeholders include media groups, governmental/ non-governmental agencies, pressure groups, general society etc (Matheson and Oxley, 2007). An organization needs to create value for its stakeholders as well as shareholders and win their trust for the maintenance of brand image and sustenance of market share. In todays market where there is so much competition among the brands, it is important for an organization to make strategic decisions in order to gain an edge over their rivals. An organization can create a leadership in the market by means of pricing techniques or by using differentiating factors like quality, customer service and innovation that serve as the USP of the organization. This helps in creating a unique perceived value for the customer base. Competitive advantage can be attained by utilizing the key strengths possessed by the organization like availability of resources (land, capital, labour, infrastructure, raw materials etc.) and core competencies possessed by the organization- supply chain management, inventory management, manpower management, superior technology and strong organizational structure. Gaining a competitive advantage guarantees a better quality of products/ services, improved overall efficiency, and greater revenue generation (Morison and McMullan, 2013) . It is critical to analyse the existing competitors within a particular industry on the basis of their strengths and weaknesses. This helps to envision the future risks, challenges, and opportunities. Analysis of existing competitors can be done with the help of information related to their capital investments, adopted marketing techniques, website, product/ service portfolio, CSR initiatives, investment in R D etc. This analysis can serve as a base for the formulation of organizational strategies along with their implementation and evaluation (Matheson and Oxley, 2007). It is equally important to keep a check on the development of potential competitors in the given industry. It is the management of the organization that decides how the different departments of the organization should interact. The management is responsible for planning, organizing/ implementing, monitoring and controlling in order to achieve the organizations objectives. It is the responsibility of the management to analyse the market trends, availability of internal resources, external factors affecting the business of the organization, level of competition within the industry in which the organization operates, the level of support from the stakeholders etc. and then formulate strategies. In an organization, it is important to design strategies related to sales target, operations, supply chain management, financial investments, marketing promotions, human resources and technology up gradation (Mastrini, 2008). The management is responsible for the assessment of opportunities and threats that may arise in future. Strategies need to be formulated in such a way that the organization gets a competitive advantage while keeping in consideration the strengths and weaknesses of the organization. Thus the vision of the management and their strategies can make an organization productive, successful and profitable. Every organization follows a business model that encompasses its target market segments, a list of products/ services offered by the organization, production techniques, distribution networking techniques, the industry it operates in, methods of revenue generations and initiatives were taken to improve customer experience. Regular changes are made in these elements to keep pace with the dynamic market. Organizations that are known for their success story like Google, Blackrock, Starbucks, BMW, Coca-Cola, Amazon, FedEx, Vodafone, IKEA, E-Bay, Samsung, Apple, Nike etc. have continued to rule the markets due to their innovation and restructuring of their business model (Mastrini, 2008). Zara, Revlon, and LOreal have established themselves as innovative brands because of their innovative and fast-changing product portfolio. They keep on introducing new products while keeping the customer preferences into consideration. DELL makes use of JIT (Just in Time) strategy to reduce inventory co sts. Several companies like BlackBerry, Atari, and Blockbuster Video Kodak etc. failed to adapt to the changing market demands and explore the available opportunities. Innovation and restructuring of the business model take place at different levels: Resilience- Minor changes take place at the organizational level so that the organization does not go out of the business. Changes are made in terms of procedures, processes, and culture in order to survive the changes happening at the industrial level. Renewal- Changes are introduced in the functioning of an organization with the motive of gaining a competitive advantage. Major changes are made in the existing business model (Morison and McMullan, 2013). Revolution- An organization makes use of available human resources, R D resources, financial resources and market knowledge to implement innovative ideas that lead to a shift in the fundamental operations and functions of the entire industry. This impacts the entire industry and helps an organization to become the market leader. Conclusion: While concluding the analysis of this article, we can say that the management plays a crucial role in determining the productivity and performance of the organization irrespective of the uncertainties, risks, and challenging market scenarios. Management is the defining factor for any organization. With the help of innovation, proper utilization of available human resources, market knowledge, proper utilization of resources and streamlined organizational operations, and the management of an organization can create a success story irrespective of its size. The management should make use of marketing tools to promote the interests of the organizations, gain support/ trust of stakeholders and to achieve the strategic goals (Ofili, 2014). Human Resource is the most important asset for an organization. Regardless of the size of the organization and the industry in which it operates, human resources can help in achieving competitive advantage. The HR department has a very important role to play in an organization. Their role includes the hiring of new employees, training them as per their role in the organization, enforcing company policies/ procedures, monitoring their performance, providing compensation as per their performance, motivating the employees, helping the employees in job satisfaction, retention of employees, ensuring workplace security, handling conflicts etc. There should be no shortage of manpower or surplus manpower. The strategies formulated by the HR department should be aligned with the mission, vision, values and culture of the organization. The HR department is responsible for enhancing the efficiency and productivity of employees, which in turn would lead to greater ROI (Return on Investment) and profits (Ofili, 2014). References Hutchison, A. and Boxall, P. (2014). The critical challenges facing New Zealand's chief executives: implications for management skills.Asia Pacific Journal of Human Resources, 52(1), pp.23-41. Mastrini, G. (2008). Developing Countries and the Challenges Facing Commercial Culture.Television New Media, 10(1), pp.96-99. Matheson, T. and Oxley, L. (2007). Convergence in Productivity Across Industries: Some Results for New Zealand and Australia.International Review of Applied Economics, 21(1), pp.55-73. Morison, S. and McMullan, C. (2013). Preparing for the future: challenges and opportunities for management and leadership skills.BDJ, 214(1), pp.E2-E2. Ofili, O. (2014). Challenges Facing Entrepreneurship in Nigeria.IJBM, 9(12).