Case Analysis Netflix Free Essays

1.0 Problem Statement: This case analysis deals with â€Å"Loss of Revenues and declining growth of Netflix in the face of stiff competition.† 2. We will write a custom essay sample on Case Analysis: Netflix or any similar topic only for you Order Now 0Scenario: Founded in the year 1997 by Reed Hastings, the company started the DVD online service in 1999 and expanded rapidly to be the world’s largest Online DVD movie rental service in the year 2005, having 3.59 million subscribers as at the third quarter of 2005. The company has the exclusive advantage of proprietary software ‘Cinematch’ to provide subscribers with personalized movie recommendations. The company has 37 regional shipping locations to efficiently manage the logistics of the DVDs. Netflix has eight different subscriptions plans ranging from $9.99 to $ 47.99 for the customers to choose from with no time limit for the return of the DVDs, of course subject to a maximum number of DVDs the subscriber can hold at any point of time. The Company faces the problem of decline in profits due to lower subscription prices. To combat the competition from the nearest rival Blockbusters Neflix had to lower the subscription in its premium segment. The decline in revenues had made the company to put on hold its expansion plans to UK and Canada. 3.0 Analysis: The analysis of the case of Netflix presents three distinct problem areas relating to the structure and design of the organization which the company needs to concentrate on. They are: 3.1 Revision in subscription Rates: The company was rather forced to lower its subscription rates to cope up with the competition from the rivals. The reduction being in the most sought segment of $ 21.99 plan, has severely affected the revenue realization of the company. As a result the cost of revenues rose to 59.71 percent for the first nine months period of the year 2005 as compared to 54.61 percent for the year 2004. This has caused a decline in the gross profit. There is no significant change in the operating expenses to total revenues. The percentage of operating expenses remains at 41.5 percent for 2004 and 40.2 percent for the first three quarters of 2005. 3.2 Number of Subscribers: Though there is an increase in the number of subscribers the rate at which the subscriber list is expanding does not relate itself with the reduction in the subscription rates. This is evident from the fact that the subscriber acquisition cost has increased from $ 36.09 for the year 2004 to $ 36.92 for the broken period of 2005. In order to break even it is essential for the company to concentrate on increasing the number of subscriber base to result in enhanced rental revenues. Addition to the subscribers is at 75.5 percent for the year 2004, whereas it stood at 37.6 percent for the first nine months of 2005. Even considering the estimated increase to 4 million subscribers at the end of 2005 the percentage addition would still remain at 53.25 percent which is not working to the advantage of the company in terms of revenues. This may be due to the presence of competitors as well as other modes available to the subscribers for obtaining movie DVDs. 3.3 Diversification: Netflix has so far been only on the online rental of movie DVDs. The competition in this particular segment of the business is increasing with more players like Blockbusters and Green cine entering the business. Moreover the Video on Demand (VOD) and brick and mortar rental outlets like Gallery also pose a competition to Netflix’s business. Although it is estimated that the company would be able to get a subscriber network of 7 million by the end of the year 2007, unless the company takes steps to enhance its revenue from other sources still it may find it difficult to take advantage of the increased subscriber base. 4.0 Conclusion: The following are some of the issues that need to be attended to by the company Netflix to augment its revenue and the resultant profitability: Rate of increase the number of subscribers is not commensurate to increase the earnings The subscription rates are kept low to meet the competition which has caused an erosion in the earnings The company is facing competition from companies who offer other modes of providing the entertainment options. 5.0 Recommendations: Some of the suggestions for improvement in the earnings and ensure the growth are: Increase the number of subscribers by undertaking vigourous advertisement campaigns Reduce the number of options for subscribers from the present 8 options to 4, by rationalizing the subscription rates and adopting modified subscription structures which will increase the earnings for the company Have a look in to the other modes of offering DVDs by opening brick and mortar stores using the existing goodwill of the company. Additionally providing VOD services and rental of game DVDs may also be looked into. How to cite Case Analysis: Netflix, Essay examples

CEO Leadership Styles and Implementation System †MyAssignmenthelp

Question: Discuss about the CEO Leadership Styles and Implementation System. Answer: Introduction In todays world of changing organizations diversification of managerial trends have taken a different turn. An organization is a system with its own perspective and logic with its own weight of tradition and inertia. The deck is fully loaded with adopted and proven means of strategies and modules that are known to accomplish its own purpose of achieving goals against all odds and risks that can be fundamental in reaching out as well as unraveling out new directions (Benn, Dunphy and Griffiths 2014). Every organization has its own managerial tools to excavate new ways and means of achieving its goals. The workforce is one of the key elements of an organization that is instrumental in helping it achieve its objective. This report deals with the managers and the tools that they adopt while dealing with the various risks and challenges that that come along with the changing trends in an organization. This report further deals and advocated regarding the impact of the values, ethics and diversity on the work culture of an organization. It further investigates the role, behavior and the performance of the managers within an organization. To help in better understanding a case study regarding an organization has been cited for easier understanding and analysis. The purpose of this report is to learn, understand and analyze the effective role of a manager as well as the challenges and the risks that they have to address to in these changing trends in an organization as well as the impact of values, ethics and diversity on an organization. This report further helps understand the role, behavior and the performance of a manager. Key factors for the changing trends With the progress in the generations and trends, the workplace also has also evolved in its own terms. The workplaces in the earlier times were not as competitive and agile as it is now. The change in the organization involves the changed structure, content and the progress or process (Cameron and Green 2015). The reason to embrace such a change is due to the fact that workplaces are now more perceptively complicated, more team based and collaborative, more dependable in the social skill sets, technologically dependent, time bound and high mobility with less dependency in the demographics (Sjostrand 2016). The current scenario depicts the workplace to be more lean and agile, more focused in the customer value perspectives, better tuned competitive dynamics and strategies, lesser hierarchy and authority decision making, continues evolution the re organization and achieving competitive advantages. Every manager in their respective organization faces certain challenges that should be attained in time to reduce or manage the risk that might arise from it. These challenges are primarily the risks that the organization faces, which its managers in turn manage. The challenges and risk that are faced have been discussed below. Earlier organizations did not face any crucial moral challenge that the current organizations face now a days. With the higher competition and augmented global economy every individual is now in a struggle to meet up with the economic and social security that can only be attained with better earnings estimate. To meet the temptations of achieving better standard of living, individuals strife to do anything and by any means necessary, even at the cost of cutting the moral integrity. Within a time, employees start to adopt unfair or immoral means to achieve their targets with a perspective that immorality is an important part of business without with a successful business cannot be sustained. This would eventually lead to the erosion of the trust between the employees and the employer, the business partners, management and the shareholders of the organization. The failure to comply with the fact that lack of trust can eventually ruin a business is one of the major pitfalls of an organi zation (Jensen 2014). Financial or Resource Management Finance and revenue is one of the primary foundations of any organization or business. A healthy return in the revenue is mostly anticipated by every organization. The major failure for an organization is the mismanagement of the flow of cash within an organization (Brigham and Houston 2012). In case the capital expenditure or receivable collectables is the primary cause of unnecessary draining of cash, the sustenance of the business would not last for long, since revenue management is the utmost important part of business that mostly survives in the well revenue management of an organization. The mismanagement of revenue and the lack of focus on the cash flow could be fatal for any midsized or small term business organization (Brigham and Ehrhardt 2013). With the progress in generation and the global marketing system, setting up a business has become even easier with trouble-free purchasing of online domain and website for the setting up of a business on the go. However, the continuation of business is more challenging and complicated, than it was earlier. Previously hiring of business experts was expensive that has now become even easier and more available as well as cost effective (Cheng, Man and Yi 2013). Findings of different organizations engaged in competition for the same kind of product is crucial to understand the challenges in the global market regarding the successful establishment of the new organization as a flourishing one. Within the same line of business, increased selection and competition is a challenge in the market regarding the gathering of potential customers and the retention of the existing customers (Kirzner 2015). Identification of the appropriate customer and the business channel is crucial in the determination of the business and organizational prospects in the market. Identification of the customers needs and wants is helpful in the customer loyalty and retention (Set-Pamies 2012). In terms of running a successful business, one of the major challenges is to find the right staff for the organization. Recruiting the right employee and their retention and injecting them with the business prospects and ideologies is one of the crucial management strategies to ensure the operations of the organization to be productive (Farr and Tippins 2017). The case study adopted is regarding Beech Nut Nutrition Corporation that supplies 100% pure apple juice for babies and infants (Boyd 2012). As per the case, Beech Nut Nutrition was alleged to supply adulterated apple juice to its customers mostly that are meant for the infants and babies. Two years after the joining of the CEO, he found evidence regarding the fact that apple juice concentrate that was supplied by the vendors for the purpose of making the Beech Nut apple juice contained nothing but sugar, water and chemicals as the primary ingredients. The inventories could have been eliminated by the management which was supposedly useless as well as the existing products could have been removed from the stores. Instead, the product continued to be distributed with the hope of turning the business around with the paying of the promised amount to its parent company, Nestle. A large number of employees in the organization suspected about the authenticity of the products even before the arrival of the CEO, but he chose to ignore the fact due to the 25% advantage that was provided by the suppliers enforced the employees to continue with the production of the adulterated product. Unable to bear with the unethical business, one of the employees protested of about the concern and in return he was branded as a non team player. He was reviewed with nave and impractical comments by the supervisor who was in charge. In this manner, the protest was suppressed and by no means was the consequence of the actions justified, putting the company and its management at the risk of illegal accountability. Later on, an FDA investigation was executed that taught Beech Nut a lesson in a hard way. The company was held guilty of selling adulterated juice to its consumers, risking their lives as well as the trust and compliance of millions of customers who relied on Beech Nut Nutrition in terms of their childrens nutritional supply. Finally, after the trial and judgment, the company was made to pay a compensation of $ 25 million that included the fines, legal expenditures and the misplaced sales. After the legal proceedings of Beech Nuts, the company struggled hard for a long period to regain back its consumer trust and market share. As a result, the managers have become more cautious about the organizational ethics and incorporation of rules and regulations to identify and prevent the breach of laws. Impositions of fines and probation for organizations have also been implemented to prevent further wrong doings and malpractices. Critical analysis of the case study With the help of this case study, justification can be made about the business rationale, the proper utilization of research methodology and organizational theories. As per the theories, if Beech Nut incorporated the methods of identifying and focusing on the business rationale that included the integrity, financial management, ethics, competitive advantages, the customer loyalty and staff selection then perhaps the company would not have to undergo such consequence. In case, Beech Nut chose to focus on the better cash flow and the quality of the products then perhaps it could have been successful in generating more consumers and retaining its existing customers as well as successfully turning the business around that having to sell of the company. The staffs that were recruited in the company were loyal but they were unethical who participated and encouraged the continued fraudulent malpractice of producing adulterated juice. The unethical behavior of the CEO of Beech Nut who was only motivated to meet up with the target and overlooking about the reputation of the organization that it was going to lose in the run (Ng and Sears 2012). Although one of the employees had the conscience to protest against the wrong, his voice was suppressed, that usually has a negative impact on the work culture since this encourages other employees to adopt unfair means. This in turn corrupts the entire work culture rendering it venerable to legal intervention (Theodosiou, Kehagias and Katsikea 2012). The supervisor chose to ignore and suppress the fact that one of the employees protested about the crisis of the adulterated production. The supervisor could have taken effective measures to encourage and rectify the crisis instead of suppressing them, resulting in the huge financial and reputation loss ((Theodosiou, Kehagias and Katsikea 2012).). Proper research about the flow of cash and improvised strategy in the financial module regarding the sales and marketing of pure apple juice could have initially affect the revenue generation creating a little over load in the financial structure of the company but eventually the setbacks could have been averted and impart a new direction in the business cycle. Since Beech Nut was an old reputated company with a loyal set of dependable consumers, it would have been able to unload the pressure in a lesser span of time (Higgins 2012). The mismanagement of not regulating the quality was one of the fatal mistakes that was committed with the purpose of generating easy and fast revenue that was eventually caught red handed and intervened. The managers could have replaced the disloyal vendors with honest ones instead of continuing business with the disloyal ones and jeopardizing the consumer health and its reputation as well. The scope of achieving competitive advantages were higher since Beech Nut had a loyal set of customers who relied on their products. Only a few notable management strategies would have been a game changer for the company (Wagner and Hollenbeck 2014). After suffering legal setbacks, the company had a tough time to regain back the trust of its loyal customers and the market values and the organization decided to formulate its major strategies in terms of focusing in the quality of the product. The influence that the organization had on behalf of political and social interface is due to introduction of penalties and compensation for adulteration and producing inferior quality goods by the legislature and legal practitioners as well as the recognition, acceptance or rejection by the consumers upon whom the survival or the decline of an organization completely depends. Key decisions taken by the management The key decisions that were taken by the management to effective handle the crisis, was paying of a compensation for the charge as well as calling back the products that were considered as adulterated from the market. Newer strategies have been formulated that meet the ethical principles to gain back the trust and the confidence of the consumers that was predominantly the biggest strength of any organization. The implementation of new policies that met the parameters of the health regulations by the government. This was done to focus on the quality of the products to regain its competitive advantages over the other products as well as avoid further legal setbacks As the outcome, the company gradually regained its customers trust and established its lost reputation as one of the major baby food producers. The recalling of the adulterated juice was one of the methods that was beneficial is explaining the customers about the companys concern related to the consumer health. The improvised policies related to the organizational management in terms of ethical practices were influential in creating a diverse and work environment. Conclusion With the help of this report, it can be justified that an organization faces several challenges and risks in the changing trends of the newly emerging economic market. The challenges come on basis of managing the integrity, financial flow, creating identity of newly emerged organizations, selection and retention of new customers as well as recruiting of staff. With the help of the case study that has been provide the fundamental of business rationale and the ethics in the workplace has been explained as well as its validity has been justified. The case of Beech Nut Apple Juice has been cited to explain and understand the key factors of business rationale and ethics in the workplace as well as the circumstances that resulted in its downfall. The political factors that influence the legitimacy of the management strategies include the legal provisions that have been incorporated in order to prevent unethical use of business strategies. The social factors involves the customer appraisal and rejection in terms of the authenticity of the product, since customers are the main factors that influence the success and the failure of an organization in the global market. References Benn, S., Dunphy, D. and Griffiths, A., 2014.Organizational change for corporate sustainability. Routledge. Boyd, C., 2012. The Nestl infant formula controversy and a strange web of subsequent business scandals.Journal of business ethics,106(3), pp.283-293. Brigham, E.F. and Ehrhardt, M.C., 2013.Financial management: Theory practice. Cengage Learning. Brigham, E.F. and Houston, J.F., 2012.Fundamentals of financial management. Cengage Learning. Cameron, E. and Green, M., 2015.Making sense of change management: A complete guide to the models, tools and techniques of organizational change. Kogan Page Publishers. Cheng, P., Man, P. and Yi, C.H., 2013. The impact of product market competition on earnings quality.Accounting Finance,53(1), pp.137-162. Farr, J.L. and Tippins, N.T. eds., 2017.Handbook of employee selection. Taylor Francis. Higgins, R.C., 2012.Analysis for financial management. McGraw-Hill/Irwin. Jensen, M.C., 2014. Integrity: Without it nothing works. Kirzner, I.M., 2015.Competition and entrepreneurship. University of Chicago press. Ng, E.S. and Sears, G.J., 2012. CEO leadership styles and the implementation of organizational diversity practices: Moderating effects of social values and age.Journal of Business Ethics,105(1), pp.41-52. Set-Pamies, D., 2012. Customer loyalty to service providers: examining the role of service quality, customer satisfaction and trust.Total Quality Management Business Excellence,23(11-12), pp.1257-1271. Sjostrand, S.E., 2016.Institutional change: theory and empirical findings. Routledge. Theodosiou, M., Kehagias, J. and Katsikea, E., 2012. Strategic orientations, marketing capabilities and firm performance: An empirical investigation in the context of frontline managers in service organizations.Industrial Marketing Management,41(7), pp.1058-1070. Wagner III, J.A. and Hollenbeck, J.R., 2014.Organizational behavior: Securing competitive advantage. Routledge. www.beechnut.com (2017).beech-nut baby foodreal food with simple ingredients. [online] Beechnut. Available at: https://www.beechnut.com/ [Accessed 18 Oct. 2017]. Young, J.H., 2014.Pure food: securing the Federal Food and Drugs Act of 1906. Princeton University Press.

Manufacturing and Services Sectors Security - MyAssignmenthelp.com

Question: Discuss about the Manufacturing and Services Sectors Security. Answer: Introduction Cloud computing is one of the most used technologies at present days. Using the services with the explanations of predefined service is discussed in the report. However, an organization needs to reap completed advantages from cloud servers, as well as organizational changes. Moreover, the study deals with different types of cloud architecture and selection of architecture suitable for the organizations. Implementing of hybrid cloud approach is discussed in the report along with the steps for migrating to Amazon AWS service. The Cloud computing really has several rages with respect to Infrastructure as a service or Platform as a service (Rittinghouse Ransome, 2016). The actual architectures have the types of cloud coalesced into the basic two types such as dedicated server slices as well as fully abstracted computing resources. Hence, understanding about the process would help to make the proper selection for cloud deployment in SoftArc Engineering. In this aspect, the earliest as well as largest cloud services that include Amazon as well as Rackspace; that are based on the dedicated server slices. In addition, the basic idea nned to give a server that has RAM or CPU, disk as well as network connection like collocated leased dedicated servers (Lian et al. 2014). It has been dominated by web hosting from 10 years ago. These types of clouds are sold as instances of menu of fixed-size since trying to pack the servers optimally. In addition, usually it does not including the solid performance provide guarantees as well as persistence that have no guarantees for having limited control of provider over the servers. In addition, the providers include ENKI and Terremark and iLand using the VMWare as technological basis. The architecture of hardware includes diskless servers along with centralized SAN or NAS. On the other hand, the providers need to sell the instance sizes, which are fully customizable and persistent instances. It offers guarantees of performance and controlling three bins of the resources in SoftArc Engineering. Reasons for using the architecture It is important to have proper reasons for using abstracted resource model I SoftArc Engineering. In order to provide overview of the advantages of cloud, it is difficult to have innovations, which is relentlessly pushing the particular boundaries of underlying technology as well as architecture (Gangwar, Date Ramaswamy, 2015). The virtual machines are generally created with the size needed for diskless servers with storage centralized on SAN. On the other hand, there is fixed and variable size examples are relied on it. The process depends on the architecture and has higher value for having premium hardware as well as software licenses. Moreover, the service is guaranteed with instances and stating the information kept for centralized SAN (Hashem et al. 2015). The scales instances and resizing of the existing ones can be included in the cases and allows the instances to move new hardware in the case of failure. There are several advantages along with limitation of adopted cloud architecture in SoftArc Engineering that can be explained as followed. Cost: It is easier to get approval for operational expenditure than the capital expenditure that is related to the following points. There is no hardware and computing resources that is lingering on the specific balance sheet. In addition, no depreciation and need for the lengthy justification is required for the process. No monthly review of using the system and no requirements to the refractor of computing resources after completion of the project. In addition, cost of the cappuccino in a day and accessing own dedicated server is one of the major procedures involved with it (Oliveira, Thomas Espadanal, 2014). Choice is an advantage that shows that there are no boundaries, and limited by the OPEX budget. Hence, it is important to select effective and suitable software service for the organization. The software service models are as followed. Software as a service (SaaS) Infrastructure as a service (IaaS) Platform as a service (PaaS) Business Process as a service (BPaaS) In addition, Flexibility and elasticity for connecting more customers connecting to the web sites compared to the regular months is advantage for using the service. Speed is one of the key differentiators for SoftArc Engineering that is associated to relate to the market, like differentiators can correlate to the speed of making execution for providing the examples. The virtual resources can adapt easily to the objective of business requirements and rapid expansion of the bandwidth speed as required in SoftArc Engineering. Risks in cloud hybrid strategy Hybrid IT infrastructure is becoming as the biggest trends of present decade and the strategy can include deployments of the hybrid cloud. As per the RightScale 2015 and the State of the Cloud Report, there are 82 percent of the surveyed organizations were running with hybrid cloud strategy as well as Data Center Knowledge stated for adoption of the technologies expected to triple by 2018 (Chou, 2015). The advantages of embracing the hybrid cloud are quite clear. The companies capable to enhance the IT flexibility as well as select solutions fit for specific requirements. Maximizing cost efficiency along with the asset use need to be achieved according to FierceCIO contributor in SoftArc Engineering. Loss of control: The job of CIO in SoftArc Engineering is managing risk within the organization. There are many views that has total control over the each part of technology strategy of SoftArc Engineering is essential. On the other hand, cloud-based tools are used to the software along with the application changes that occurs on side of the provider. The meaning of IT executive is involved in the process (Son et al. 2014). Hence, according to the contributor there is one of the most vital risks of hybrid cloud computing. It is included in the perceived loss of controlling on the part of the CIO as well as members of the executive board. The applications are changed all the time, and the applications are outside the control of the organization is unprepared when sudden software update. Cloud security: The cloud as well as its apparent inherent to the risks as far as the security is concerned. In addition, the market for cloud security tools needs to keep going up by day. It is expected that organization can reach a total value of $8.71 billion by 2019. There are several security challenges for the organizations need to deploy hybrid cloud strategies, according to SoftArc Engineering (Hashizume et al. 2013). It includes risk management and security management as well as poorly constructed of the service-level agreements. Compliance: It is one of the issues that are aforementioned for making security challenge. The Businesses of SoftArc Engineering needs to ensure that all parts of cloud strategy are compliant with regulations of the industry. Recommendations for Security steps and controls It is important to provide recommendation for securing the control for the organization. Adopting the effective and suitable method and following the protocols would be helpful for the organization. Having specific versions of Windows XP that have a built-in remote administration package is called as Remote Desktop Connection. Hence, a free cross-platform alternative offers same type of functionality (Modi et al. 2013). In addition, maximization as well as increased of the market share and achieve the objective have various challenges for dynamic nature of organization. Adoption goes up to the companies that look into implementing the hybrid strategies within IT departments that has number of issues (Fernando, Loke, Rahayu, 2013). These are arising to deal with new technologies, which has hybrid cloud brings It is important to identify the requirements required for remote server administration, resource management as well as SLA management. Internet connection: An Internet connection with TCP/IP or on the Local Area Network that can be remotely administered required for remote server administration (Garrison, Wakefield Kim, 2015). Moreover, for the non-malicious administration and user need to install server software on the host system in SoftArc Engineering in order to be viewed by the users. Connecting: Connecting with the host computer in a window that showing the Desktop of the host appearing needs to have proper control. The client may control the host as the major requirements for the process. Cloud environment: The SaaS provider uses the shared infrastructure as well as several types of the organization involve with the process. A possibility of loss of the existing customers as well as potential for new customers is required for the process. Steps to moving AWS cloud service In order to migrate to SQL database of SoftArc Engineering to Amazon RDS utilizing SQL Azure Migration Wizard, it is important to follow some steps. Step 1: Downloading the SQLAzureMW Tool: It is required to extract the SQLAzureMW.exe file for the service. Using SQL Server Management Studio to connect local SQL server as well as Amazon Web Service RDS instance would be helpful to complete the process. Step 2: Beginning with the Migration: It is required to double click on the SQLAzureMW.exe file (Ga Steenkamp, 2014). The page appearing on the screen as well as requirements to select the Database as an option under analysis is second step. Step 3: Sourcing the Database Tasks: Entering the Source of details of SQL Server Database connection as well as click on the Connect button is the next step. Step 4: Creating Scripts: Creating the scripts for selected SQL server objects are required for the process. Step 5: Destination Database Process: It is required to create a script of the database. Entering into the RDS SQL Server connection credentials as well as connection is the next step. Step 6: Selection of the Target Database: Selecting the target database that likes to migrate. Creating of database earlier and after that creation of new Database option is involved with the process. Step 7: The Grand Finale: Verification of SQL Server Management Studio as well as checking of all migrated date is the final step. Conclusion From the above discussion it can be concluded that the theoretical basis for cloud is found as bins of the resources that comprise compute, storage as well as networking and flexibility in order to allocate amount from each of the bins for creating custom computing environment. The providers implementing the type of cloud "abstract" for resources are generated from underlying hardware. It provides the user according to their needs. It is more technically challenging for the users in SoftArc Engineering that offers better performance as well as flexibility that would be helpful for the organization. References Chou, D. C. (2015). Cloud computing: A value creation model.Computer Standards Interfaces,38, 72-77. Fernando, N., Loke, S. W., Rahayu, W. (2013). Mobile cloud computing: A survey.Future generation computer systems,29(1), 84-106. Gai, K., Steenkamp, A. (2014). A feasibility study of Platform-as-a-Service using cloud computing for a global service organization.Journal of Information System Applied Research,7, 28-42. Gangwar, H., Date, H., Ramaswamy, R. (2015). Understanding determinants of cloud computing adoption using an integrated TAM-TOE model.Journal of Enterprise Information Management,28(1), 107-130. Garrison, G., Wakefield, R. L., Kim, S. (2015). The effects of IT capabilities and delivery model on cloud computing success and firm performance for cloud supported processes and operations.International Journal of Information Management,35(4), 377-393. Hashem, I. A. T., Yaqoob, I., Anuar, N. B., Mokhtar, S., Gani, A., Khan, S. U. (2015). The rise of big data on cloud computing: Review and open research issues.Information Systems,47, 98-115. Hashizume, K., Rosado, D. G., Fernndez-Medina, E., Fernandez, E. B. (2013). An analysis of security issues for cloud computing.Journal of Internet Services and Applications,4(1), 5. Lian, J. W., Yen, D. C., Wang, Y. T. (2014). An exploratory study to understand the critical factors affecting the decision to adopt cloud computing in Taiwan hospital.International Journal of Information Management,34(1), 28-36. Modi, C., Patel, D., Borisaniya, B., Patel, A., Rajarajan, M. (2013). A survey on security issues and solutions at different layers of Cloud computing.The Journal of Supercomputing,63(2), 561-592. Oliveira, T., Thomas, M., Espadanal, M. (2014). Assessing the determinants of cloud computing adoption: An analysis of the manufacturing and services sectors.Information Management,51(5), 497-510. Rittinghouse, J. W., Ransome, J. F. (2016).Cloud computing: implementation, management, and security. CRC press. Son, I., Lee, D., Lee, J. N., Chang, Y. B. (2014). Market perception on cloud computing initiatives in organizations: An extended resource-based view.Information Management,51(6), 653-669.

Customer Concentration Risk Equity Capital â€Myassignmenthelp.Com

Question: Discuss About The Customer Concentration Risk Equity Capital? Answer: Introducation The International Accounting Standards Board is an independent body with a private undertaking that is in charge of development and approval of International Financial Reporting Standards. In the year of 2001 the International Accounting Standards Committee was replaced by the International Accounting Standards Board.The International Accounting Standards Board is the primary body implementingand issuing standards that are generally accepted worldwide and as mentioned in the question is almost accepted globally with a geographical diversity. The International Accounting Standards Board (IASB) had amended a lot of accounting principles so that the preparation of financial statements become proper and they are able to reflect a true and fair view of the financial or liquidity position of the company. With continued effortson the part of International Accounting Standards Board, it started making its own accounting standards named International Financial Reporting Standards (IFRS). The standards of the IFRS are set by a group of experts that constitute of the IASB with enough practical experience to maintain an easy to understand and transparent process while setting the standards. In the due process, the basic points which are taken care of are London office broadcast of the public board meeting, live; publishing the agenda papers mentioning the future actions that might be implemented by the board; outcomes of the board meeting are jotted down and circulated (Giner et al. 2016). While setting the standard the Board is required to maintain certain methods. In every interval of five years a detailed study is made and after consulting about the priorities the project plan is designed. Each project begins with a research to know the issue and its probable situation and decipher the requirement of the standard. Sometimes public comments are also encouraged. As required the Board amends the standard or brings out something new after a full scope research and discussion. Proposals for amendments and new insertions of standards are made public for consultation (Ames 2013). The Board members and the technical staff of IFRS Foundation consult with as many as stakeholders all around the globe to get further evidence. Issuance of standard is not the job actually, but its implementation that matters the most for the Board otherwise the job may be futile. Thus it is very clear from the above descriptions that setting up financial reporting standards is not at all an easy task but the International Accounting Standards Board is in charge of regular monitoring and reviewing the quality of standards implemented. It is also evident from the above study that it is very natural that due to such care taken countries worldwide will be very interested in implementing the financial reporting standards (Christensen et al. 2015). The reason behind the adoption of financial reporting standards is that it results in better decision making by the management of the firm, it provides a clear and better understanding of the financial position of the firm and especially is of use to countries, which make a lot of international investments. Unfortunately the United States is still reluctant to fully adopt IFRS in its financial reporting practices. The main reason is the lack of initiative on the part of the IFRS management team to implement an one in all universal accounting standard that has a strong hold on finance and is worthy enough to match the highly competitive environment of the United States (Barth et al. 2014). Another reason for the reluctance of United States is that any kind of mistake in the recording or any other part of the financial statements will directly pass onto the auditors. Thus it is very useful to implement such a set financial reporting rules that is absolutely free of errors. The IFRS fails to convince the United States that it is worthy enough to maintain this role. The United States gives the reason for reluctance as safeguarding the interests of its investors or stakeholders (Tokar 2016). Whatever may be the issue the IFRS Committee must be more careful in order to develop the standards in such a way so that it has a strong convincing image and can approach the United States for the incorporation of the standards. In the books of Colour Ltd. Journal Entries Dr. Cr. Date Particulars Amount Amount 30/6/2017 Salaries Wages A/c. Dr. $32,000 To, Accrued Salaries Wages A/c. $32,000 Heating Lighting Expenses A/c. Dr. $16,000 To, Accrued Heating Lighting Expenses A/c. $16,000 Insurance A/c. Dr. $20,000 To, Prepaid Insurance A/c. $20,000 Closing Inventory A/c. Dr. 440000 Cost of Goods Sold A/c. Dr. 1460000 To, Opening Inventory A/c. 460000 To, Purchases A/c. 1440000 Interest Expenses A/c. Dr. 30000 To, Interest Payable A/c. 30000 Depreciation Expense A/c. Dr. 85000 To, Accum. Dep.- Plant Machinery A/c. 36000 To, Accum. Dep. - Computers A/c. 20000 To, Accum Dep. - Buildings A/c. 29000 Investment A/c. Dr. 8000 To, Unrealized Gain on Investment A/c. 8000 Income Tax Expenses A/c. Dr. 160000 Deferred Tax Assets A/c. Dr. 19700 To, Current Tax Liability A/c. 179700 Dividend Declared A/c. Dr. 21950 To, Dividend Payable A/c. 21950 In the books of Colour Ltd. Statement of Comprehensive Income for the year ended 30th June, 2017 Particulars Amount Sales Proceeds $2,866,000 Less: Cost of Goods Sold ($1,460,000) GROSS PROFIT $1,406,000 Operating Expenses: Salaries and wages ($352,000) Heating and lighting expenses ($116,000) Audit fees and charges ($40,000) Insurance ($20,000) Depreciation Expense ($85,000) NET OPERATING PROFIT $793,000 Other Non-Operating Expense: Damage due to flooding ($134,000) NET PROFIT before INTEREST TAX $659,000 Interest Expense ($60,000) NET PROFIT before TAX $599,000 Income Tax Expenses ($160,000) NET PROFIT after TAX $439,000 Add: Unrealized Gain on Investment $8,000 NET COMPREHENSIVE INCOME $447,000 In the books of Colour Ltd. Statement of Changes in Equity for the year ended 30th June, 2017 Particulars Share Capital Retained Earnings Accum. Other Comprehensive Income General Reserve TOTAL Balance as on 1st July,2016: $1,000,000 $124,000 $160,000 $1,284,000 Interim Dividend ($32,000) ($32,000) Net Profit after tax $439,000 $439,000 Unrealized Gain on Investment $8,000 $8,000 Final Dividend Declared ($21,950) ($21,950) In the books of Colour Ltd. Balance Sheet as on 30th June,2017 Particulars Amount Current Assets: Cash at bank $304,000 Inventories $440,000 Accounts Receivable $342,000 Provision for Doubtful Debts ($40,000) Short term Investment - due 30th September, 2017 $664,000 Prepaid insurance $60,000 Deferred Tax Assets $19,700 TOTAL CURRENT ASSETS $1,789,700 Non-Current Assets: Investments $168,000 Plant Machinery $360,000 Accumulated Depreciation Plant Machinery ($216,000) Computers $400,000 Accumulated Depreciation - Computers ($140,000) Buildings $580,000 Accumulated Depreciation Buildings ($145,000) TOTAL NON-CURRENT ASSETS $1,007,000 TOTAL ASSETS $2,796,700 Current Liabilities: Accounts Payable $240,000 Accrued Salaries Wages $32,000 Accrued Heating Lightning Expenses $16,000 Interest Payable $30,000 Current Tax Liability $179,700 Dividend Payable $21,950 TOTAL CURRENT LIABILITIES $519,650 Non-Current Liabilities: Bank Loan secured over buildings, due 1st May, 2019 $600,000 TOTAL NON-CURRENT LIABILITIES $600,000 TOTAL LIABILITIES $1,119,650 NET ASSETS $1,677,050 Equity Capital: Share Capital $1,000,000 General Reserve $160,000 Retained Earnings $509,050 Accum. Other Comprehensive Income $8,000 TOTAL EQUITY CAPITAL $1,677,050 The fifteen notes to financial statements are as following: The net comprehensive income of the company is of the value of $447,000. This means that this is the sum of net income and other unrealized gains or losses that have been previously omitted due to some issues. The net operating profit is of the value $793,000, this means that this amount is excluding the costs and tax benefits of debt financing. The total current asset of the firm is $1789700 and the total current liability of the firm is $519650. Therefore the working capital of the firm is $1270050. The net asset of the firm is $1677050 which is alright and indicates that the firm is presently in a good position. The net liabilities of the firm is $ 1119650 which is not very close to the asset amount that again indicates a healthy condition of the firm. The income tax expense is of the value of $160000 that indicates that the firm is a regular payer of tax and does not generally evade it. The total equity capital is of the value of $1677050 that indicates the part to be distributed among the investors or stakeholders. The retained earnings is of the value $509050 and indicates to the revenue amount not to be paid out as dividends. The deferred tax assets is of the value $19700 that means this asset has been used in the balance sheet in order to reduce the taxable income. The general reserve is of the value $16000, this means the firm has enough funds for back up. The final dividend declared is $21950 that is this dividend is declared at the annual general meeting after the recommendation by the Board of Directors. The share capital is of the amount $1000000 this indicates that the company has enough shares invested in the market. The investment of the firm is $168000 deciphering the same that the firm has enough liability in investment. The net profit after tax is $439000 that is the revenue remaining after all the operating expenses and interests and other deductible components are subtracted. The money owned by the firm to its creditors that is accounts payable is high enough to be $240000. References Ames, D., 2013. IFRS adoption and accounting quality: The case of South Africa. Journal of Applied Economics and Business Research, 3(3), pp.154-165. Baos-Caballero, S., Garca-Teruel, P.J. and Martnez-Solano, P., 2014. Working capital management, corporate performance, and financial constraints. Journal of Business Research, 67(3), pp.332-338. Barth, M.E., Landsman, W.R., Young, D. and Zhuang, Z., 2014. Relevance of differences between net income based on IFRS and domestic standards for European firms. Journal of Business Finance Accounting, 41(3-4), pp.297-327. Christensen, H.B., Lee, E., Walker, M. and Zeng, C., 2015. Incentives or standards: What determines accounting quality changes around IFRS adoption?. European Accounting Review, 24(1), pp.31-61. Dhaliwal, D., Judd, J.S., Serfling, M. and Shaikh, S., 2016. Customer concentration risk and the cost of equity capital. Journal of Accounting and Economics, 61(1), pp.23-48. Giner, B., Hellman, N., Jorissen, A., Quagli, A. and Taleb, A., 2016. On the Review of Structure and Effectiveness of the IFRS Foundation: the EAAs Financial Reporting Standards Committees View. Accounting in Europe, 13(2), pp.285-294. odan, S. and Aljinovi? Bara?, Ã… ½., 2017. The Role and Current Status of IFRS in the Completion of National Accounting RulesEvidence from Croatia. Accounting in Europe, pp.1-9. Tokar, M.B., 2016. IFRSten years later: a standard-setters view. Accounting and Business Research, 46(5), pp.572-576.

Essay For Undergraduates: What Should You Write?

Essay For Undergraduates: What Should You Write?College students write the majority of the essays for their colleges. This can be a rewarding and fun way to enhance their academic skills, but it can also be time consuming. There are many essays for undergraduates that do not include many useful ideas.One good way to avoid this is to write an essay that is at least as long as the regular essays that are offered at the executive level. The student will not have to think about the topic as much since it is the same as any other assignment for the course. But even that does not always work well in all cases.An essay for undergraduates should be interesting and compelling enough to keep students reading it through the last few pages. A student should focus on one idea per paragraph. They should not find it difficult to think of a new idea at the end of the essay. They should not need a lot of explanations or research for their ideas, but they should at least be able to bring a fresh persp ective to the essay.Most students would rather have a better understanding of the topic than an explanation for why they disagree with a professor's opinion. A person should be able to be persuasive while not sounding boring. A student should have an interesting opinion and not be afraid to express that. This is a good opportunity for a student to find out what their peers think about the subject.Writing a leadership essay for college students is a project that requires more than a high school writing grade. It is important that a student not only understand the topics but that they also have experience in writing such an essay. This can be difficult for most students. They should be aware that they can usually use a college or university writing course to help them with the task.In addition to their writing skills, college students should be able to communicate well with grammar and spelling errors. These can be a distraction to a reader who has already begun to become bored with t he essay. Reading an essay that looks uninteresting can cause a person to become distracted.A leadership essay for college students should not have a large number of comments or suggestions. If it does, the audience may find the essay too repetitive or boring. So, do not go overboard with the word count, but make sure that there is a point for each paragraph.The essay should be focused and simple enough for the student to follow along with. They should have some short paragraphs that do not use too many words or even too many sentences. An essay for undergraduates should be easy to read and easy to follow.

11 Body Language Mistakes Youre Making in Your Interview

11 Body Language Mistakes Youre Making in Your Interview We’re all nervous going into job interviews. And a lot of times nervousness has a funny way of creeping into our body language in ways we don’t intend. Trouble is, interviewers aren’t nervous, so every body language faux pas is that much more glaring to them. Here are 11  body language mistakes  to watch out for when prepping for your interview.1. Lip bitingAn anxious habit that can be read as a sign of deceit or even as a sexual advance. Avoid!2. Rapid Head MovementThis is straight out of the established list of things to watch out for in liars. Try to keep your head still when being asked a question, and not move it immediately after.3. Mouth CoveringThis can convey your reluctance to answer the question. Try not to cover your mouth unless you sneeze or cough, at least while you’re in the hot seat.4. StiffnessAt the same time, try to avoid being too still. You’ll look a bit awkward, forced, or even as though you’re trying to overcompens ate for your dishonesty with your stillness. Act natural!5. PointingWe all gesture. And that’s fine- natural even. But pointing, especially directly or aggressively, is often considered rude or deflective.6. Covering UpIf you tend to cover vulnerable or sensitive body parts when you’re nervous, this is a habit to watch out for. Even if it’s natural to feel vulnerable, you should try not to show it too clearly. You don’t want to be perceived as having anything to hide.7. Unbalanced Eye ContactIt’s crucial to maintain an appropriate level of eye contact- not too much (weird) and not too little (untrustworthy/shady). Try to strike a natural balance and avoid extremes in either direction.8. MicroexpressionsIf you’re prone to these split second faces or minute little eye rolls, best to try and keep them in check, lest your interviewer notice and get the wrong idea.9. Fake SmilesBetter not to smile big and pretty if you can’t do it without appearing phony. If you can’t make your whole face look happy, not just your smile, then people will notice and assume you’re full of it. Be as genuine and positive as possible.10. Physical BarriersDon’t place physical blockades between you and your interviewer- i.e. your purse, a menu, your phone, your coat. Remain open. If you don’t, your interviewer might assume you’re trying to keep your distance for whatever reason.11. Shallow BreathsTry to keep your breathing calm and even. Heavy, shallow breaths are often credited as a typical behavior of liars. Don’t get lumped into that category just because of nerves!

Internet Marketing World Wide Web as a pull Medium for Marketing rather than a Push Medium

Internet marketing involves sellers who persuade customers to purchase their goods and services through the World Wide Web. This persuasion is done by displaying media stuffing that include search engines, banner advertisements and electronic mail marketing. Customers need to be pulled rather than be pushed.Advertising We will write a custom essay sample on Internet Marketing: World Wide Web as a pull Medium for Marketing rather than a Push Medium specifically for you for only $16.05 $11/page Learn More Conventional media such as radio, magazines, and television tend to push advertisements to customers without any form of interactivity. On the other hand, the World Wide Web provides users with opportunity to select the site they would like to visit. In this sense, companies have embraced the internet as a marketing tool. Internet marketing has been adopted by many organizations due to its efficiency in delivering message to intended customers within the shortest time possible. Advancement in technology that has been witnessed in the recent past has drawn many people to the use of internet not only for communicating but also to do business. The emergence of software that help in detecting the physical location of an internet user has enabled dealers to narrow their intended customers in order to increase chances of reaching them.[1] This is because advertising at random may not convey the message to people who need specific services and items. Sellers are able to specify their intended customers depending on their sex, age, state and other categories where necessary. It is perceived that customer requirements vary depending on their gender, age and location. First and foremost males and females have different interests thus internet sellers should watch what they intend to introduce to both sexes because they may not match. Females usually refer to the internet for learning purposes whereas males use the internet to mingle with thei r pals and also for leisure purposes such as downloading movies and music. This information is useful to internet sellers because it helps them identify the most convenient web spots for their advertisement that is mostly preferred by people of a particular sex. Business on the internet follows a particular trend based on friendship which then is extended to doing business. It is advisable to establish friendships on the internet because the very same friends will turn in to be regular customers. This can be done by driving conversations through social media sites such as Facebook and Twitter, thus giving customers the opportunity to such for specific products and consequently pull them to a company’s products.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Sellers should not insist so much on selling their services and commodities in their first encounter with a potential customer. They should seek to familiarize themselves with their newly acquired friends and should not drop the issue of doing business until the time is ripe for them to do so.[2] Internet sellers should keep in touch with these friends regularly and as time moves by they can introduce them to their services and items because by now the said friend has developed a sense of trust and confidence towards them due to the regular mingling between the two concerned parties. Thus it is important for internet marketers to withhold their interest. For instance if an internet business executive sends an email with details about his or her business prospects to a new friend without the consent of the intended recipient it might result in termination of friendship because the recipient might feel he or she is being monitored. For friendship to be fruitful it has to be well taken care of hence sellers should listen to their potential customers to know their interests which can be used to determine what p roducts might best suit them. The internet presents many advantages that can be experienced by advertisers which are non existent to people who advertise their products and services offline. Organizations and individuals are considering sensitizing their potential customers about their products and services through the internet because it is cheaper in the long run. This is owing to the fact that advertisements can be rephrased as opposed to offline which require advertisers to design a new presentation from the scratch if the current one is not satisfactory. This means that the advertiser has to pay more money for the amendments to be applied because offline advertisements are very laborious in designing them. Marketers should design an Internet marketing strategy that can be able to drive web sites that sell.[3] In internet advertising if the owner of a given advert wishes to add more contents or erase some information contained in an advert corrections are done swiftly at the cli ck of a button because its only a matter of typing or deleting text.Advertising We will write a custom essay sample on Internet Marketing: World Wide Web as a pull Medium for Marketing rather than a Push Medium specifically for you for only $16.05 $11/page Learn More In the World Wide Web, the advertisers can monitor the progress of their advert by looking at the number of people who have actually responded to their advert. It is possible to identify respondents of a given advert and the exact time that they did so. In traditional advertising, monitoring consumers’ response is very demanding because it relies on calls that are made on inquiries pertaining a given product or service. The Internet provides many vectors that are reliable in conveying advertiser’s message as opposed to offline advertisement which is limited to television, radio, newspapers and magazines. These vectors include blogs, audio, social networks, emails, videos and j ournals. These vectors allow potential customers to give their opinions and make inquiries instantly which can help an advertiser to understand the needs of his or her customers.[4] Securing a possible sale is very fast online because the process of buying and selling is computerized hence there are no papers involved. Social websites provides a pool of potential customers thus advertisers should consider exhibiting their products and services in these sites. The sites include Facebook, twitter, Youtube and MySpace which are very popular among people of all ages. Politicians such as Barrack Obama has proved the effectiveness of advertising using these social websites and since his success story, other people are following his foot steps. Joining social sites does not guarantee that sales will increase within two days therefore once one has become a member of a social site he or she has to stick around for his efforts to be realized. Being on and off the social site means one is not entirely concerned with pulling potential customers. One of the major requirements in internet marketing is to have a web portal that attracts the attention of users. This means that even if a website is featured as a sponsored link it will be very appealing to customers. It is certain the growth of a web portal can be enhanced by promoting search engine marketing and paid per click.[5] PPC involves paying internet users who respond to ones activities online. If an individual or an organization can not socialize on the internet it is better to hire somebody who can establish friendship with the customers on behalf of the individual or the organization. A business portal on the internet should be much customized to meet the various demands of customers.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This means that a business web site should provide customers with several options when they want to purchase items listed on the web page. For instance, there should be several modes of payment because customers have different tastes and whereas one mode of payment may be convenient to a particular shopper it might inconvenience another customer at the same time. Research has indicated that customers may be willing to purchase an item listed on the website but then they may be discouraged by the available modes of payment because they don’t apply in their geographical location.[6] Currently there are several major modes of payment, which include bank wire transfer and paypal among many others. Most people prefer to pay the purchase of services and items through bank wire transfer because it’s very first hence more reliable. The layout of the website should reflect the personality of the person or the organization that owns. People judge a website not by its attractiven ess but the contents that are presented. People prefer to shop from virtual shops that are known hence it is good to list testimonials from previous customers. If the testimonials are from public figures such as prominent musicians the better it is for the advertiser. People trust websites that have a valid telephone number of the owner because they know incase something goes wrong there is someone to attend to their problem. The telephone contacts should be complimented by physical addresses. By limiting contact details available on the internet the advertiser implies that he or she does not care what happens after a sale has been closed hence customers tend to ignore such sites. In essence, through internet marketing, companies have been able to pull customers towards their products and services; with a lot of finances placed on internet strategies.[7] Great products, reliable web site, and strong marketing strategy are the major components of successful internet marketing strateg y. Bibliography Feng L., What is e-business?: how the internet transforms organizations, Wiley-Blackwell, New Jersey, 2006. Laudon, K. C. J. P. Laudon, Management information Systems: Managing the Digital Firm, 9th Ed, Pearson Prentice Hall, Upper Saddle River, NJ, 2006. Lowery, S., Internet Marketing Strategies – Three Step Formula, Web-Source, 2010. Web. Lee, O., Internet Marketing Research: theory and practice, Idea Group Publishing, Hershey, 2001. Premier Global Marketing, Internet Marketing Statistics and Facts, 2009. Web. Reyner, A., Put the E-mphasis on Local Internet Marketing and reach first page on Google, PRLog, 2010. Web. Wendy, C., Value creation from e-business models, Butterworth-Heinemann, Oxford, 2004. Footnotes A. Reyner, Put the E-mphasis on Local Internet Marketing and reach first page on Google, PRLog, 2010. L. Feng, What is e-business?: how the internet transforms organizations, Wiley-Blackwell, New Jersey, 2006 , p.47 S. Lowery, Internet Marketing Str ategies – Three Step Formula, Web-Source, 2010. K. C. Laudon J. P. Laudon, Management information Systems: Managing the Digital Firm, 9th Ed, Pearson Prentice Hall, Upper Saddle River, NJ, 2006, p.35. O. Lee, Internet Marketing Research: theory and practice, Idea Group Publishing, Hershey, 2001, p.165. Wendy, C., Value creation from e-business models, Butterworth-Heinemann, Oxford, 2004, p. 218. Premier Global Marketing, Internet Marketing Statistics and Facts, 2009. This essay on Internet Marketing: World Wide Web as a pull Medium for Marketing rather than a Push Medium was written and submitted by user Nyla Z. 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.