Globus Report Essay

the higher costs that came with making a higher quality camera we increased its price. We based

The progress of CMC will be measured using dashboard and balanced scoreboard tools. This will allow the team to see where we are making progress, and what areas need improvement. Through this measuring and monitoring, we will be able to adjust the strategic planning as necessary for continued success of CMC. The projected results in the short term will be a slow and steady rise in net profit. The long term projected results have the optimal results of a net profit of over $60 million by the year

Instead of owning individual regions, the team discussed the previous year results and the upcoming year’s decisions together. We still gravitated toward initial biases: Jason gravitated toward marketing decisions, Ingrid spent time on capacity and operations, and Michael worked on the finances. Michael also managed the industry forecasting, keeping in mind major changes by ASF would also affect the Industry numbers.

With the entry-level cameras, our strategy was to produce them with very minimal cost to ourselves. Furthermore, by having the entry-level cameras relatively low-cost this will potentially lead to mass production, which was our intended goal for these cameras. These cameras were envisioned where any average customer could purchase it comfortably to use on a daily basis. With that being said, we figured that many other companies would attempt to tackle the same price adjustment strategy that we were operating with. We reckoned that many companies were attempting to raise their prices for entry-level cameras, having said that we altered by maintaining a fairly lower price to raise profits. Unfortunately, we realize that this isn’t working out for our company, and decided to modify the prices, however we preformed this adjustment a bit to late for any major outcomes.

The competitive strategy that CamSha aims to initiate is broad differentiation. Differentiation is selected as the quality and reputation of the business can be diminished in a cost leadership model (Datta, 2010). The camera sharing service aims to be utilised for special functions and thus requires it to be worth the quality. By focusing on differentiation we aim to target customers who can afford the camera and hence have a good reputation in maintaining the camera quality while in use, which will limit the threat of trust and diminishing quality. Research shows that by providing customers with trust in quality and reputation it can generate new and maintain existing customers (Hinz, 2015). Furthermore, it reduces the threat of suppliers

The objective of this Globus game is to run a company in the real environment which is we will compete with other companies. On this simulation I am becoming co-manager of a camera industry. All of the company have two products in the market which is Entry level camera and multi featured camera. And the market area is divided into 4 region which is :

Grbavica is a drama that was filmed in 2006 and narrates about the live in Bosnia and Herzegovina after the collapce of Yugoslavia. The second title is Asme’s Secret, what is justified because this movie is a complicated story about a woman that was raped by soldiers but did not tell anybody. It is about the destiny of a single mother that does everything possible for her daughter in a postwar time.

GABAA (Gamma Aminobutyric Acid) receptors are the main inhibitory neurotransmitter receptors in the mammalian brain. Although these receptors have been found in other parts of the body like liver9, smooth airway muscles of the lungs10, and several type of immune cells11,12, their main function comes in the nervous system, specifically neurons. The GABAA receptors located in the postsynaptic membrane are stimulated by GABA neurotransmitter released from the pre-synaptic neurons and functions to inhibit neuronal stimulation in the short-term (millisecond time range), while the extrasynaptic GABAA receptors are stimulated by ambient GABA in the extracellular space and confers long term inhibition.2 However, there are many types of GABAA receptors depending on the subunits that they are made up of

Hadoop Cloud Storage has been embraced by both individuals and organizations as it can offer cost-effective, large capacity storage and multi-functional services on a wide range of devices. It is fast raising popularity to access Hadoop Cloud services via Android devices. The widespread usage of Hadoop Cloud Storage could create the environment that is potentially conducive to malicious activities and illegal operations. Thus, the investigation of Hadoop Cloud presents the emerging challenge for digital forensic community. Extracting residual artifacts from the cloud server is potentially difficult due to privacy policies followed by cloud providers.

Throughout the last several months, we have labored to update and improve this year's Business Plan. Accordingly, over a dozen changes were made to create a tighter, more efficient and professional document:

As mentioned before, we can observe from the plots that the GDP level is upward trending, which is a characteristic feature of economic time series. To offset this, we calculate the first differences as a change in logs. Once plotting the vector of the results, another characteristic of economic time series arises in the plot of GDP growth: seasonality. This can be seen in quarterly variations year on year, for example quarter four of each year cannot be purely compared to quarter two since it accounts for a big holiday variation such as Christmas spending, end of year boosting of financial results, etc. Thus growth should be assessed with the corresponding quarter year on year. This effect compensates the business cycles variations which are more significant for

Humbro PLC have been successful with their Olympic themed board game, they have decided to take on a business venture of an expansion where they would be able to create a new product which can capitalise on the next football world cup. The finance director has been absent on a long term leave which has led to a lack of clarity and understanding of the various financial options among the other board members within the company. The managing director has asked for some financial advice and if this expansion will go ahead. In this report I will analyse Humbro PLCs financial information give my conclusion followed by my own recommendations for the company and if the expansion is to go ahead.

With the increasingly high competition on market nowadays, companies will have to find some way to stay profiting and competitive. While hundreds of companies set foot in the same industry all selling identical products, the old-fashioned way of providing the best service can no longer satisfy the role to keep a company stand out from the rest. However, when the quality of the products cannot clearly differ from each other, the prices still can, thus the product with the lowest price will certainly catch the eye of customers. However, we all know profit is the difference between the amount earned and the amount spent, how is it possible to keep profiting while the selling price is set too low? That’s when total cost minimization come into play. By reduces both the price and cost of its products, a company can stay competitive while making the same profit. The total cost minimization is commonly undergoing the following techniques: optimized design and assembly lines to reduce the cost of production; procurement monitoring to reduce the cost of raw materials; centralized distribution system that reduces the transportation cost and rational use of human resources to reduce the labor cost.

They also provide opportunities for economies of scale in advertising, distribution, and product design. Geoffrey Randall argues that “what the marketing people must do is ensure that cost savings (in whatever area), do not damage the brand.”

The digital camera industry is growing at very fast pace. Therefore, there is a very good potential for the companies in this industry. Mike, a young engineering graduate is planning to start a digital camera company after obtaining experience from the other company. He plans to form a proprietorship form of business organization as this is the best business structure according to his needs. There are various giant competitors in the digital camera market. However, he has already conducted market research and based on that, he has identified target customer group. The company will be able to attract customers on the basis of its competitive advantage. The company has decided not to fix price of its