New Heritage Doll Company - 3645 Words

New Heritage Doll Company Financial Assessment Executive Summary New Heritage Doll Company’s production division has two serious proposals that will be presented to the capital budget committee. The first proposal, named Match My Doll Clothing Line extension, will add year round seasonal clothing to Heritage’s product line. This proposal’s NPV was $7,326.11. The IRR was 24.10% and the MIRR was 20.68%. The Profitability Index was 3.08 and the payback period was 7.11 years. The value of the tax shield is $647,000. The second proposal, called Design Your Own Doll, is a new product line related to the heirloom line. It is one that will allow customers to customize the looks of the dolls they purchase through the New Heritage†¦show more content†¦With constraints on financial and managerial resources, Emily Harris, vice president of New Heritage Doll Company’s production division, has a strong inclination that the capital budget committee will decline to approve both projects. Two projects, named Match My Doll Clothing Line and Design Your Own Doll line, were of main concern for Emily Harris. The first focused mainly on expanding the line to include matching all-season clothing for tween girls and their favorite dolls. The second focused on a new initiative that would employ web-based doll-design software to let users customize a doll’s features to their own liking. The Match My Doll Clothing line currently consists of a small selection of matching doll and child clothing sets for warm weather. Having become quickly successful after having been spotted in the hands of celebrities children’s arms, the brand manager of the line felt it was the perfect time for the line to expand. The investment proposal contained a large outlay for Ramp;D, market research, and marketing to maximize the profitability of quick acceptance and longer-term success for the follow-on line. The following are the upfront expenditures ($ thousands): Ramp;D - $ 625, Upfront Marketing - $625, Investment in Working Capital - $ 800, Property, Plant amp; Equipment - $ 1,470, Total Investment - $3,520. Ramp;D and marketing expenditures are deductible forShow MoreRelatedNew Heritage Doll Company Case1848 Words   |  8 PagesNEW HERITAGE DOLL COMPANY FINA 6278 Case 1 I. Executive Summary New Heritage Doll Company is a U.S based children toy manufacturer with a well-known national brand: the New Heritage. With its existing three divisions, New Heritage proposed two potential investment projects in order to expand its business while the doll industry was facing a relatively low growth rate. The first proposal is the Match My Doll Clothing line expansion, which is to expand a new clothing product line aimedRead MoreNew Heritage Doll Company : Capital Budgeting1321 Words   |  6 PagesNew Heritage Doll Company: Capital Budgeting The New Heritage Doll Company offered a unique line of dolls as an alternative to its competitors, and it wanted to extend its brand for future growth. The company has three operating divisions: production, retailing and licensing. All three divisions planned to promote projects of their own to compete for the same limited resources. Emily Harris, vice president of the production division, had to be prepared to select one of the two project proposalsRead MoreThe New Heritage Doll Company : Capital Budgeting902 Words   |  4 PagesThe New Heritage Doll Company: Capital Budgeting Summary The New Heritage Doll Company was founded in 1985 by Ingrid Beckwith, a retired psychologist, who specialized in child development. She was also a grandmother of two young girls. Beckwith created her downline to target young girls ages 3 to 12 years old. She even had a baby doll line targeting even younger girls and â€Å"celebrity† line for teens. Her goal was to develop girl s imagination and foster positive self-image. To do this she createdRead MoreNew Heritage Doll Company Write Up1317 Words   |  6 Pagesï » ¿Marina Chmykhalo-Friermood Professor N. Cohen FINA 6273-Section 10 October 23, 2014 New Heritage Doll Company Write-up Introduction New Heritage Doll Company is a firm that has ventured into doll production which has sought to extend its brand in order to broaden its market framework and more importantly capitalize on high levels of customer loyalty. The vice president of the Company, Emily Harris, is to forward her project proposal to the Budgeting Committee for evaluation. The Vice-president’sRead MoreMarketing Plan For New Heritage Doll Company1133 Words   |  5 PagesIntroduction New Heritage Doll Company operates in doll industry, proposing products with unique storylines. Two project proposals will be considered during the firm’s capital budgeting meeting in October. The first one called Match My Doll Clothing Line is an expansion of an existing product line, consisting in matching girl and doll clothes. The second on is Design Your Own Doll, which will allow users to create a customize doll. The committee could decline both projects, so vice president EmilyRead MoreNew Heritage Doll Company: Capital Budgeting3226 Words   |  13 PagesNew Heritage Doll Company: Capital Budgeting In mid-September of 2010/ Emily Harris, vice president of New Heritage Doll Companys production division, was weighing project proposals for the companys upcoming capital budgeting meetings in October. Two proposals stood out based on their potential to strengthen the divisions innovative product lines and drive future growth. However, due to constraints on financial and managerial resources, Harris knew it was possible that the firms capital budgetingRead MoreNew Heritage Doll Company: Capital Budgeting3236 Words   |  13 PagesNew Heritage Doll Company: Capital Budgeting In mid-September of 2010/ Emily Harris, vice president of New Heritage Doll Companys production division, was weighing project proposals for the companys upcoming capital budgeting meetings in October. Two proposals stood out based on their potential to strengthen the divisions innovative product lines and drive future growth. However, due to constraints on financial and managerial resources, Harris knew it was possible that the firms capital budgetingRead MoreNew Heritage Doll Company: Business Overview2186 Words   |  9 PagesIndex Executive summery†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦1 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.2 Case analysis Match My Doll Clothing†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.2 Design Your Own Doll†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..3 Comparison†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦4 Additional Questions†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦5 Recommendations†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..5 Appendix Appendix 1: calculation formulas, definitions and assumptions†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreNew Heritage Doll Company Solution3448 Words   |  14 Pages2020 26.178 24.464 10 years $ 8.778 Profitability Index NPV/Initial Investment 1,32 NPV of Match My Doll Clothing Line Extension TV growth rate 1% 2% 6.141 $ 7.292 $ 5.075 $ 5.950 $ 4.314 $ 5.019 $ NPV if TV=BV of NWC + PPE $ 3.011 $ 2.687 $ 2.425 Discount rate 7,70% 8,40% 9,00% $ $ $ 0% 5.289 $ 4.408 $ 3.766 $ 3% 8.932 7.150 5.958 NPV of Design Your Own Doll TV growth rate 1% 2% 7.263 $ 9.198 $ 5.526 $ 6.998 $ 4.294 $ 5.479 $ NPV if TV=BV of NWC + PPE $ 3.567 $ 2.980 $Read MoreNew Heritage734 Words   |  3 PagesThe New Heritage Doll Company is founded in 1985 and has long history. The management of company pay attention to the doll developing girls’ the imagination and self-image. The company tends to create some new products to dominate the market. The U.S. retail sales of dolls totaled $3.1 billion in 2008 while the New Heritage Doll Company’s revenue approximately $245 million of revenue, owning less than 10% of market share. There is good reason to believe that the New Heritage Doll Company has a potential

Tuition And Other Eligible Expenses With A Student Loan...

Covering tuition and other eligible expenses with a student loan and making no payments while in school is an adequate, but a stressful alternative to achieve a college education. Personally coming from a Hispanic family, reaching college level education was not a priority. Going to college for a young Mexican individual who is born and raised in Santa Maria, California is a difficult objective to sustain. Personally, my parents never got the chance to finish their education. Both of my parents are very hard working individuals; who devoted their lives to work in the strawberry fields to provide a better life for their children. My parent’s dreams were simply to keep my siblings and me away from the strawberry fields. Sadly, my parents wanting me to obtain a higher education and them being able to actually provide it for me were two very different stories. My parents worked very hard to simply put food on the table. I knew my parents helping me to finance my college education was not going to happen. Especially, when I started working in the strawberry fields myself. I worked to simply provide for my own unnecessary experiences. During those times I saw higher education as a luxury due to the fact it was highly unlikable I would be able to afford it. One thing was certain, I knew that no matter what I did I wasn’t going to work in the strawberry fields for the rest of my life. I promised myself during senior year of high school, that I would do everything in my power toShow MoreRelatedReasons For Why Student Dropout1257 Words   |  6 PagesI live in a small town and all the students I’ve seen that dropped out said how their financial aid didn’t cover their college expenses. I love where I am from but I refuse to go back to Plymouth because my financial aid wouldn’t cover everything. Some reasons and assumptions to why student dropouts are: school isn’t for everybody, the work is too hard or they couldn’t balanc e out partying and school work. Although there are many explanations as to why students dropout; financial aid issues is theRead MoreThe Student Loan Debt Crisis1247 Words   |  5 Pages The Student Loan Debt Crisis Student loan debt has overtime become an unpleasant part of life for millions of Americans and especially borrowers. It is possible to identify the types of people who went through college and borrowed financial loans from those that went through college and did not go to college or those that went but did not borrow. The debt crisis directly affects the families of the borrowers, those with high debt burdens and advanced degrees. Despite the increased length in loanRead MorePublic Service Loan Forgiveness ( Pslf ) Essay1553 Words   |  7 Pagesare facing a outstanding debt of 1.3 trillion dollars in student loans alone and it s up to 43 billion students to pay all of that back in full. Our most recent graduating Class of 2016 student is coming out of college owing an average of $37, 172 in loans, making an increase of 6% since 2015. Which is significant amount of growth to have within such a short period of time. Many of these students are unable to make their monthly payments whe ther it be because of the tremendously high interest ratesRead MoreStudent Lo 7 Students Loan887 Words   |  4 Pages7 student loan myths debunked When it comes to student loans, there is a lot of information to take in—especially for a new college student who is exploring their financing options for the first time, or a new graduate who has just started paying off their student loan debt. With all of the different information out there, it can be easy to get confused, and perhaps even misunderstand certain things about student loans. The following are some common student loan myths, debunked: Myth #1: I’m notRead MoreWhy College Tuition in America Should Be Lowered1496 Words   |  4 PagesCollege Tuition Should be Lowered By Sarah Claymiller What could you do with $14,000? Well, you could buy 4,000 Whoppers with that money. You could also buy 35 IPads, and 4 80 inch flat screen TVs. Or, instead of those things, you could buy yourself one year’s worth of college tuition. Does it seem a little unusual that only one year of tuition costs that much? It might be if you live outside of America; the United States is one of the biggest spenders on secondary education compared to other countriesRead MoreStudent Loan Debt Is A Burden1467 Words   |  6 Pages Most people in today’s society have, but what about student loan debt? For too many Americans, student loan debt is a burden; there may be too much interest, not enough income, and a struggle to handle previous bills while staying on time with college payments. According to the Consumer Finance Protection Bureau in the United States, the total amount of student debt amounts to over $1 trillion. In the article â€Å"Here’s Your Crisis: Student Loan Debt Isn’t a Myth† (2013) Chris Lewis states, â€Å"becauseRead MoreThe For Loan Debt Crisis1308 Words   |  6 PagesMany economist view this current student loan issue in the same realm as the home mortgage crisis. In 2008 The mortgage crisis put the American economy into the biggest recession it had seen since the â€Å"Great Depression†. An economist by the name of John T. Harvey is highly regarded for his work in economics. Harvey attended the University of Tennessee, where he received a doctorates degree in economics and political science, and has now taken on the role as a Professor of Economics at Texas ChristianRead MoreCollege Athletes Of The 21st Century1115 Words   |  5 Pagesmatter. College football and basketball bring in six billion dollars a year. College athletes deal with scholarship gaps that leave them financially strapped. This opens up athletes to sometimes making poor choices to get money, including wrongdoing and involvement with devious individuals. Furthermore, student athletes are not sanctioned to hold a paying job while participating in college sports, which makes it very difficult to pay for the cost of living. NCAA is so out of touch with its rules forRead More College Sports: Paying Division One Athletes Essay1014 Words   |  5 Pagesscholarship. The proposal states that athletes should be eligible to receive money based on a percentage of profit their school makes. Although some say division one athletes already have all of their needs taken care of, helping athletes with extra expenses in college is essential. Because full ride scholarships take care of most costs for athletes, many argue they already have school paid for, and extra money isn’t necessary. On the other hand, athletes spend so much time and effort in their specificRead MoreU.s. Department Of Education s Student Direct Loan Essay1594 Words   |  7 PagesWhen carrying out research on getting the right deal for student direct loans a lot of options may come into mind but the truth of the matter lies in the fact that and among the most popular is the U.S. Department of Education s student direct loan. You may be asking what makes the U.S. Department of Education s student direct loan different from the others considering the fact that you might have had about some other alternatives in the past by some friends and close associates that might have

Business Model and Concepts-Free-Samples -Myassignmenthelp.com

Questions: 1.Define the concept of a Business Model. 2.Explain what is involved when referring to the notion of an E-Business archetype 3.Explain what is meant by the term Business context and the notion that change in Business is inevitable. 4.Discuss about the Rise of Big Data. 5.Explain how the Organisation's Business Model has been impacted by change and what this means for managers when making decisions about the Organisation's Business Model. Answers: Introduction This is report, which depicts the importance of business model and how it can be used in the different aspects of the organization. The market trends and technology is changing at a n rapid and the organization will have to keep using innovation so that they can maintain their sustainability and competitive advantage. The use of innovation in the business model has been adopted by most of the major multinational companies all over the world so that they cope up with the changes in the business environment. The use of big data is one of the major changes that have been accommodated by the companies. 1.Business model and concepts The business model can be defined as the clear and summarized way of portraying the operations of a business. The business model should be as such that it could be described in limited number of words. The objective of all the companies is to provide value to their customers and the strength of the value proposition will determine the market acquisition of the organization. Business model consist of the various methods, which will be used for the generation of revenue in the organization (Schwarz, Terrenghi Legner, 2017). The model will highlight the revenue generation opportunities and the various methods that have to be applied in order to meet the desired target. The key factors of the various operational processes will be included in the business model. The business model is one of the most important factors for a start up company as it helps to maintain the sustainability. The company with good innovative business model will be able to increase the life expectancy. The business model will determine the feasibility of the business and help in identifying the contingencies in the business (Zott Amit, 2013). The business model of an organization will have to be evolved on a continuous basis as it helps in the creation of new sources of generation of revenue. 2.E-business archetypes Archetype can be defined as the fundamental personalities and roles that are derived to create unique personalities. The archetypes can be divided into primary archetype and secondary archetype where product archetype, service archetype and trade archetype are included in the primary archetype (Bocken et al., 2014). The secondary archetype consists of brokerage archetype, marketplace archetype, subscription archetype and ecosystem archetype (Carayannis, Sindakis Walter, 2015). The Trade archetypes consist of the Ecommerce business where the model connects the potential buyers with the various products they are searching. This means they act as a mediator between the buyers and the sellers and derive the profit from the arbitrage. These archetypes make profit from the spread between the cost of acquisition and the selling price. The main key to this business is sourcing and capital requirement for organizations following this business model will be moderate. Business model as an activity system Figure 1 (Source: Barquet et al., 2013) The main objective of a business model is to take advantage of the business opportunity by adding value to the product they are selling. This is the value proposition for a company who is trying to fulfil the needs of the consumers in the market. The engagement of the physical, human and the capital resources so that the organization can accomplish a specific purpose can be defined as activity (Bocken et al., 2014). These chains of specific objectives will help an organization to reach towards all the goals and objectives of an organization. The business model consists of all the key activities in an organization and they are all interlinked. The various activities within an organization are designed in such a way that one activity is dependent on the other activities. There are lot of activities, which are performed at an internal level, and there are few activities that are performed by the external parties. The activities of the various processes are linked and all the organizatio nal goals and objectives can be achieved by performing all the activities to a specified output. The business model for each industry will be different and there has to be uniqueness among the business models in various organizations (Barquet et al., 2013). The business model will have to be developed according the needs and the activities of the organization. Business model as cost revenue structure Figure 2 (Source: Hashem et al., 2015) The final aspect of a business model is the analysis of the cost structure and the revenue streams of the organization. Cost structure includes the important costs that are associated with the product and the service. Revenue streams will identify the sources of revenue generation for the company and the suitable methods that can be used. It will also determine the value the consumers are willing to pay for the product (Hashem et al., 2015). There are two important factors associated with it one is the cost acquisition and the other the lifetime value of the consumers. When the cost of acquisition is more than the lifetime value of the consumers, then the project and the product are not feasible and consumer market is not ready for the product. The two costs that are associated within an organization are the fixed and the variable cost. The fixed cost remains the same whereas the variable cost of an organization will decrease with the passage of time. The companies that are able to m aintain their sustainability in the market will be able to maintain a balance with their cost and revenue generation (Joyce Paquin, 2016). 3.Business context and change Business context is the special terms that are used in the industry, which can be identified and understood by everyone in the market. Globalization has made rapid changes in the execution of the businesses in all over the world. The use of technology and innovation has become a necessity where all the companies will have to make use of innovative ideas to constantly evolve and change the business model (Kastalli Van Looy, 2013). The use of innovation in the business model is the only thing that will provide the organization with competitive advantage in the market. The companies are using continuous integration, which helps them to keep improving their business model so that they can increase their competitive advantage in the market. 4.Rise of big data Big data has gained its popularity in the last where a lot of major companies used to analyze the needs of the consumers and the recent market trends. The use of information to understand and identify the market trends has revolutionaries the market. The use of big data is not limited to one and has been widely used in all the aspects of the organization (Cukier Mayer-Schoenberger, 2013). There is large amount of data that is available in the market and the companies are using it to interpret a lot of factors. The use of big data has become one of the integral parts of the organization all over the world. Woolworths is an example of companies who are one of the first to use big data to identify the popular products among the consumers. This has helped them to retain a majority of their consumers by providing them with offers in these popular products available in the market. 5.Impact of change on organizational business model The market has been changing at a rapid rate and it has affected the business model as the companies are trying to incorporate those changes. The companies are trying to make improvements in the business model so that they gain competitive advantage in the market. The technology is advancing and the inventions of new technologies are making the old technologies redundant (Casadesus?Masanell Zhu, 2013). Thus, the companies have to be up to date if they want to hold on their competitive advantage and this is the very reason that the competition in the market has become more intense than before. Technology has changed the market needs of the consumers and it keeps on changing in a brisk way so the companies constantly monitor their business model so that they can incorporate those changes to make improvements in their business models (Harmon, 2014). Conclusion Thus, the conclusions that can be drawn from the above report that business model is the integral part of an organization. The development of a good business model will ensure sustainability of an organization and that is why the companies are continuously integrating the processes so that they can make improvements in the business model. The market trends and the technology are changing very frequently and it has a huge impact on the business model of the companies. The companies are trying to use big data and apply it to all aspects of organization to make sure that they can accommodate the changes. Reference Barquet, A. P. B., de Oliveira, M. G., Amigo, C. R., Cunha, V. P., Rozenfeld, H. (2013). Employing the business model concept to support the adoption of productservice systems (PSS).Industrial Marketing Management,42(5), 693-704. Bocken, N. M. P., Short, S. W., Rana, P., Evans, S. (2014). A literature and practice review to develop sustainable business model archetypes.Journal of cleaner production,65, 42-56. Bocken, N. M. P., Short, S. W., Rana, P., Evans, S. (2014). A literature and practice review to develop sustainable business model archetypes.Journal of cleaner production,65, 42-56. Carayannis, E. G., Sindakis, S., Walter, C. (2015). Business model innovation as lever of organizational sustainability.The Journal of Technology Transfer,40(1), 85-104. Casadesus?Masanell, R., Zhu, F. (2013). Business model innovation and competitive imitation: The case of sponsor?based business models.Strategic management journal,34(4), 464-482. Cukier, K., Mayer-Schoenberger, V. (2013). The rise of big data: How it's changing the way we think about the world.Foreign Aff.,92, 28. Harmon, P. (2014).Business process change. Morgan Kaufmann. 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. Joyce, A., Paquin, R. L. (2016). The triple layered business model canvas: A tool to design more sustainable business models.Journal of Cleaner Production,135, 1474-1486. Kastalli, I. V., Van Looy, B. (2013). Servitization: Disentangling the impact of service business model innovation on manufacturing firm performance.Journal of Operations Management,31(4), 169-180. Schwarz, J., Terrenghi, N., Legner, C. (2017). Towards comparable business model concepts: resource description framework (RDF) schemas for semantic business model representations. InDesigning the Digital Transformation: DESRIST 2017 Research in Progress Proceedings of the 12th International Conference on Design Science Research in Information Systems and Technology. Karlsruhe, Germany. 30 May-1 Jun.. Karlsruher Institut fr Technologie (KIT). Zott, C., Amit, R. (2013). The business model: A theoretically anchored robust construct for strategic analysis.Strategic Organization,11(4), 403-411.

The Psychological Impact of the Patriot Act on the American Public

Introduction The advent of modern civilization has transformed governments into critical institutions. The importance attached to governments hinges on the view that they take responsibility for indispensable aspects of the wellbeing of their people. The sustenance of these principal responsibilities requires governments to adopt policies that are consistent with their development agenda.Advertising We will write a custom research paper sample on The Psychological Impact of the Patriot Act on the American Public specifically for you for only $16.05 $11/page Learn More A good example of such a scenario is the United States’ enactment of the Patriot Act 2001 in the wake of the 9/11 terrorist attacks on the World Trade Center and the Pentagon coupled with the anthrax deaths that followed shortly afterwards (Skitka, Bauman Mullen, 2004). The involved policymakers drafted and enacted the Act hastily with nearly unanimous support from the entire US fra ternity with the hope that it would curb any further attempts to instigate similar attacks against the Americans. The perception of the people has changed from unanimous acceptance of the legislation to a state of ambivalence. In the light of this development, this paper seeks to explore the psychological impacts of the US Patriot Act on the Americans and unearth the reasons behind the change of attitude towards the Act. Historical overview of the US Patriotic Act 2001 The US Patriot Act of 2001 was enacted hardly six weeks after the terrorist attacks on the World Trade Center and the Pentagon. The name â€Å"USA PATRIOT† is an acronym for â€Å"United and Strengthening America by Providing Appropriate Tools Required Intercept and Obstruct Terrorism† (Hamm, 2004, p.6). According to Abdolian and Takooshian (2002), after the 9/11 attacks there followed a notable number of anthrax deaths, which were perceived to emanate from the use of biological weaponry in the quest to perpetuate terror against the US public. Like the Antiterrorism Act of 2006 and other similar legislation in the past, the US Patriot Act of 2001 drew sharp criticism later and it remains the subject of incessant debates to date. Reservations have been expressed over the Act’s curtailment of fundamental liberties of the American people. This situation is aggravated by the view that the US was founded on a philosophy of democracy, which espouses liberty and equality for all. In this sense, the Act is inconsistent with the long-standing values of the US and thus it marks a major step in the departure from the foundational philosophies of the United States of America. The psychological impact The Act was almost unanimously welcome at the time of its enactment. The legislature overwhelmingly voted in favor of the Act (Abdolian Takooshian, 2002). The position of the larger public was not any different as Skitka, Bauman, and Mullen (2004) assert that over two thirds of the US publ ic was in favor of the Act at the time of its enactment.Advertising Looking for research paper on government? Let's see if we can help you! Get your first paper with 15% OFF Learn More Skitka, Bauman, and Mullen (2004) observe that 49% percent of the US public was willing to sacrifice part of its civil liberties in favor of the fight against terrorism after the Oklahoma bombing of 1995. The figure rose to about 68% after the 2001 attacks, but was only 29% in 1997 when there was considerable calm (Skitka, Bauman Mullen, 2004).Therefore, the overwhelming support for the Patriot Act seems to have been largely sentimental. Many people including the legislators who passed the Act are on record saying that in retrospect, they conceded that their opinion of the Act was initially inspired by fear or simply not bothering to find out what it contained due to anxiety. For instance, Hamm (2004) notes that some legislators reiterated that the Patriot Act of 2001 was the worst legi slation they ever passed. It is extrapolated that less than five percent of the legislators who voted for the Act read it before voting in its favor (Hamm, 2004). Kashan (2009) notes that almost immediately after its enactment, the Act sparked heated debates all across the USA. There were numerous offensive provisions whose implications eluded its proponents until later when the Act came into full force. The Act allows the US Department of Justice to Tap telephones, e-mail messages, and personal computer hard drives (including roving wiretaps), without a legal probable cause, request private and personal business and bank records, without a court hearing, and solicit a patron’s list of library books. †¦investigate a person who is not suspected of a crime and/or is not the target of a terrorist investigation, secretly conduct â€Å"sneak-and-peek† searches without a warrant, withhold the names and other information about individuals arrested and detained, hold clos ed hearings, and monitor jailhouse conversations between attorneys and clients (Hamm, 2004, p.6). By all standards, this Act is the most overbearing legislation ever enacted in the history of the US (Bloss, 2009). The public expressed reservations for the legislation almost immediately after its enactment because of what followed. The 9/11 terror arrestees were reportedly mistreated in many ways while in custody. They were physically abused, denied the opportunity to see their attorneys, and detained for long periods without being informed of their offences (Hamm, 2004). In addition, the arrestees were largely Muslims or of Arab origin (Hamm, 2004). Despite the view that the perpetrators of the 9/11 attacks were Muslims or of Arab origin, it was not reason enough to brand every Muslim or Arab a terrorist. Intriguingly, this description underscores exactly what the government did and more so, with levels of impunity that prompted the US people to start thinking differently about the future implications of the Patriot Act. The Act was devised to prevent further terrorist attacks against the US, but it has been massively abused. Hamm (2004) observes that the FBI has been gathering intelligence on the activities of American environmental and anti-globalization organizations, which are well known not to engage in any terrorist activities.Advertising We will write a custom research paper sample on The Psychological Impact of the Patriot Act on the American Public specifically for you for only $16.05 $11/page Learn More Hamm (2004) adds that in the state of Indiana, FBI officers are reported to have approached a local librarian and demanded access to the borrowing records of certain Muslim students of Indiana University. The librarian declined, but he was threatened with arrest. Section 215 of the Patriot Act permits an FBI agent to obtain a subpoena from some designated courts and use it to gain access to anyone’s records without their knowledge. This would have been the case if the agents in the Indiana case had obtained the subpoena before their visit to the library. Intriguingly, they chose to visit the library without the document and threatened the librarian with arrest due to refusal to cooperate. In a separate case, President Bush’s administration sparked controversy when an American born citizen, Jose Padilla, accused of plotting a bomb attack, was incarcerated in solitary confinement for over three years without a right to trial because he was considered an enemy combatant (Kashan, 2009). The important question that arises in the light of such occurrences is whether the Patriot Act is worth the sacrifice that US citizens so willingly made for the sake of safety and security. Bloss (2009) argues that the hostility that US citizens show towards the Patriot Act is founded on the discovery that their liberties were sacrificed in exchange for security against terror attacks, yet this Act does not provide the purported security. Instead, they feel targeted due to the numerous unlawful actions by the security machinery against the public. Psychologically, this Act has kept the US public in constant anxiety because their confidence in the idea that the Act could enhance their security has waned over the years. The confidence has been replaced by frustration and feelings of betrayal because their long cherished liberties, such as the right to privacy among others, were sacrificed without being given the chance to give their opinions yet in the end they are at the receiving end. At the time of enactment of the Act, it is reported that over two thirds of the US public were in its favor. Naturally, everyone would expect such a reaction from the people especially if the devastating nature of the 9/11 terror attacks is considered. At the time of enacting the Patriot Act 2001, the US public emotionally and psychologically devastated. In that state, they could have welcomed anything t hat purported to provide security against similar attacks. They thus welcomed the Act with a sense of relief knowing that anyone attempting to plot a similar attack would be incarcerated.Advertising Looking for research paper on government? Let's see if we can help you! Get your first paper with 15% OFF Learn More However, in the years that have followed its enactment, it has gradually dawned on US citizens that their relief was misplaced because the Patriot Act does not actually have the ability to eliminate terrorism as initially thought. Thus, the US public is constantly aware of the fact that the threat of terror attacks lives on. This creates a feeling of disappointment and gives them a resigned attitude over the same because efforts that have been made to alter the Act have all proved futile. The US citizens feel betrayed because although they expressed support for the Act, that was only after it had been enacted. The Act was completely devoid of their input even at the lowest level yet it took away the fundamental right to privacy. It is arguable that they were robbed of their privacy. This move creates a feeling of betrayal because for the average US citizen, his/her right to privacy is no more yet the fear of terror attacks still lives. This situation reflects the assertion by Zelman (2002) that citizenry that willingly gives up its liberties to the government in exchange for security and protection ends up losing both. In the US case, terrorism is still a reality that can manifest anywhere in the US at any time and on top of that, their every activity is monitored by the government. The Patriot Act trampled the right to privacy in the name of ensuring national security (Nieto, Johnston-Dodds Simmons, 2002). The gist of the controversy over this development is that the government has failed to use the freedom it gained through the Act objectively. Prior to this Act, the law cushioned the public against arbitrary action by the government. In addition, it was not possible for the government to eavesdrop on anyone or access any private records without permission from a court law (Nieto, Johnston-Dodds Simmons, 2002). Arguably, under such circumstances, it was a cinch for the unscrupulous individuals and groups to perpetuate all sorts of unethical and unlawful ac tivities against the US citizens, as although security agencies employed the best available intelligence techniques, they could not penetrate the private communication of individuals or groups to identify plots of terror attacks or other criminal activities. Thus, prior to the Patriot Act, the constitution’s position on human rights was an impediment to the ability of security agencies to combat terrorism (Zelman, 2002). This assertion is supported by the view that despite the government’s endeavors to fight terrorism; acts of terrorism were successfully planned and executed in the US. Logically, this planning involved people within the US communicating with others from outside the US, yet due to the law, the government was incapacitated and could not single out such communication and possibly avert the attacks. The devastating nature of the terror attacks recorded in the history of the US and specifically the 9/11 attacks made it permissible to sacrifice privacy right s to avert similar attacks. Law-abiding citizens who have nothing to hide need not have any problems with legislations such as the Patriot Act 0f 2001. The government needed to have to access to the records of every form of communication in order to work effectively with the Act, which implies that there is no way some elements of privacy could be exempted from the Patriot Act and still have it work effectively. The controversy surrounding the act should thus be blamed fully on the government as after obtaining the authority it required, it has failed to use the authority responsibly and objectively. It would not be so much of an issue if the government strictly adhered to the purpose of the Act and treated people lawfully during its enforcement. Conclusion The US Patriot Act was a well-intentioned piece of legislation that sought to enable the government deal firmly with terrorism. It is unfortunate that the manner in which it has been enforced has sparked furious debates on its su itability. Life is more important than privacy, but the government has failed to use its acquired authority constructively for the good of the US public. Security agencies seem to be spying for the sake of spying for the law allows it. Even though no terrorist attacks have been recorded since its enactment, the government has failed to use the Patriot Act for the intended use and it has instead turned it against the US Public. This move is not acceptable considering that the citizens lost their right to privacy for the sake of this legislation. Objectivity and goodwill need to be maintained if the Act is to be used effectively and without any major controversies. Recommendations To stop unscrupulous law enforcement agents from taking undue advantage over the public under the guise of implementing the Patriot Act, strict measures need to put in place to help identify such agents and severely punish them to restore public trust in the Act. The government should open up the extent and mechanisms of enforcing of this Act to the public scrutiny. The enforcement of this act is shrouded in secrecy yet the Act only curtailed the right to privacy and not right to information. References Abdolian, L., Takooshian, H. (2002). The USA Patriot Act: Civil liberties, the media and public opinion. Fordham Urban Law Journal, 30(4), 1429-1453. Bloss, W. (2009). Transforming U.S. police surveillance in a new privacy paradigm. Police Practice and Research, 10(3), 225-238. Hamm, M. (2004). The USA Patriot Act and the politics of fear. London, UK: Cavendish. Kashan, S. (2009). The USA Patriot Act: Impact on freedoms and civil liberties. ESSAI, 7(8), 86-90. Nieto, M., Johnston-Dodds, K., Simmons, C. (2002). Public and private applications of video surveillance and biometric technologies. Sacramento, CA: California Research Bureau. Skitka, J., Bauman, W., Mullen, E. (2004). Political tolerance and coming to psychological closure following the September 11, 2001, terrorist attacks : An integrative approach. Personality and Social Psychology Bulletin, 30(6), 743-756. Zelman, J. (2002). Recent developments in international law: Anti-terrorism legislation-part two: The impact and consequences. Journal of Transnational Law Policy, 11(2), 421-441. This research paper on The Psychological Impact of the Patriot Act on the American Public was written and submitted by user Natasha M. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Amphicyon - Facts and Figures

Amphicyon - Facts and Figures Name: Amphicyon (Greek for ambiguous dog); pronounced AM-fih-SIGH-on Habitat: Plains of the northern hemisphere Historical Epoch: Middle Oligocene-Early Miocene (30-20 million years ago) Size and Weight: Varies by species; up to six feet long and 400 pounds Diet: Omnivorous Distinguishing Characteristics: Large size; bear-like body About Amphicyon Despite its nickname, the Bear Dog, Amphicyon was directly ancestral to neither bears nor dogs. This was the most prominent genus of the family of mammalian, vaguely canine-like carnivores that succeeded the larger creodonts (typified by Hyaenodon and Sarkastodon) but preceded the first true dogs. True to its nickname, Amphicyon looked like a small bear with the head of a dog, and it probably pursued a bear-like lifestyle as well, feeding opportunistically on meat, carrion, fish, fruit, and plants. The front legs of this prehistoric mammal were especially well-muscled, meaning it could probably stun prey senseless with a single well-aimed swipe of its paw. Befitting a mammal with such a lengthy provenance in the fossil recordabout 10 million years, from the middle Oligocene to the early Miocene epochsthe genus Amphicyon embraced nine separate species. The two largest, the appropriately named A. major and A. giganteus, weighed up 400 pounds fully grown and roamed the expanse of Europe and the near east. In North America, Amphicyon was represented by A. galushai, A. frendens, and A. ingens, which were slightly smaller than their Eurasian cousins; various other species hailed from modern-day India and Pakistan, Africa, and the far east. (The European species of Amphicyon were identified in the early 19th century, but the first American species was only announced to the world in 2003.) Did Amphicyon hunt in packs, like modern wolves? Probably not; more likely this megafauna mammal stayed well out of the way of its pack-hunting competitors, contenting itself with (say) piles of rotting fruit or the carcass of a recently deceased Chalicotherium. (On the other hand, oversized grazing animals like Chalicotherium were themselves so slow that elderly, sick or juvenile herd members could easily be picked off by a solitary Amphicyon.) In fact, its likely that the Bear Dog faded from the world scene 20 million years ago, at the end of its long reign, because it was displaced by better-adapted (i.e., faster, sleeker, and more lightly built) hunting animals.

Beccarias Criminal Justice Theories

This paper examines the role Beccaria played in shaping criminal justice. This paper studies the life of Beccaria and his theories on criminal behavior and justice. It analyzes his work, Essay On Crimes and Punishments, and its influence in criminal justice systems throughout the world. The paper looks at how Beccaria viewed the criminal and the crime and its overall effect (damage) to society.From the paper: `This paper examines the contributions of Beccaria in the context of his own time, the lasting effect that they have had on the jurisprudential and penological systems of the modern Western world. After a general introduction to Beccarias ideas and his model of crime, this paper looks at the results of three contemporary studies that incorporate the ideas and models of Beccaria. This examination of current research will allow us to evaluate the ways in which Beccarias idea, born in such a different historical context, may still guide us in attempting to guide us in creating ever more just, more fair and more effective means of punishing criminals and allowing all of society (including criminals, victims, and the rest of us) to prosper.` Table of Contents 1. Introduction 2. Beccarias Life and Timesand Theoretical Underpinnings 3. Beccarias Classical Theory of Crime 4. Three Modern Studies 5. Conclusion

PORTFOLIO Essay Example | Topics and Well Written Essays - 2000 words

PORTFOLIO - Essay Example This type of analysis is less time consuming and cost effective. Secondary sources available in academic journals and publications of the industry associations are reliable. 1. ‘Facilities Management’ reports on customer service, operational efficiency, service recovery in providing ‘Brand experience’ for the customers, asset management, risk management and development of human resources. 2. ‘Outsourcing’ covers key considerations such as quality of customer service, cost of outsourcing and type of customers involved in decision making. 3. ‘Environmental Management’ deals with environmental pollution, conservation of resources and corporate social responsibility with a view to enhance the company’s image with the public and customers and for a sustainable development. 4. ‘Technology’ discusses about the impact of technological developments in the industry with a view to enhance the level of customer service and g uest experience. Recommendations: Important recommendations in respect of facilities management include providing training facilities to employees, refurbishment and renovation on continuous basis and encouraging diversity in work place. It should be ensured that outsourcing does not affect quality of customer service. ... Recommendations References Outsourcing in Hotel Industry Introduction Broad areas of Outsourcing Opportunities for Outsourcing in Hotel Industry Conclusions and Recommendations References Environmental Management in Hotel Industry Introduction Customer Education and Employee Involvement Environmental Management Conclusions and Recommendations References Technology in Hotel Industry Introduction Technology in Hotel Industry Conclusions and Recommendations References Facilities Management in Hotel Industry Introduction According to the International Facilities Management Association (2013a), â€Å"Facility management is a profession that encompasses multiple disciplines to ensure functionality of the built environment by integrating people, place, process and technology.† Therefore, with reference to hotel industry it refers to the whole host of operations which includes front office management, house-keeping, property management and customer service. The metamorphosis of the in dustry over the period of time calls for internationalization at all level for survival. The main aim of this report is concerned with maintenance of quality standards, improving performance through training and development and refurbishment and renovation of the facilities for enhancing the level of customer service. Improved facilities management and HRD practices increase operational efficiency and customer satisfaction. Training and development programs suitably designed will motivate the employees and ensures safety of the employees and guests. This will also make the service recovery process efficient in case of service failures. Facilities management According to Mass and Pleunis (2001, p. 28) FM is the responsibility of coordinating efforts in respect of buildings, technology, furniture and