1. Business objectives of ShareAll:
* Increase public awareness of the services ShareAll is providing;
* Motivate people to participate more actively in collaborative consumption.
In conclusion, the ultimate goal of a for-profit ShareAll company is to increase the number of players and their activity that will subsequently result in higher profit compared to the one, the company generated prior to gamifying its system.
2. Delineate target behaviors
The first target behavior the company wants to encourage (which is related to its objective of raising public awareness) is to see more people joining ShareAll by creating their accounts. The metric that will allow us to measure this behavior is pretty obvious - the number of created and existing accounts.
Besides that, the company should strive, on the one hand, to motivate players to share more products (cars, houses, etc.) and on the other hand, to use shared items more frequently. This behavior corresponds to the company's objective of motivating people to participate more actively in collaborative consumption. In this case, the metric that will be used for measurement is the number of matched deals that the system has generated by bringing sellers and buyers together.
Lastly, ShareAll will aim at encouraging players to generate, trade, and spend more Shares which is directly connected with the company's goal of profit maximization. The metric that will be used in this case is the number of generated/traded/spent Shares
Implementing a frequent shopper program will also help provide high value incentives by initiating a partnership with a program providing loyalty points. Such a
Managers are to make all employees aware of the opportunities for profit sharing based on the achievement of goals. Verbal and monetary recognition will be used to reinforce good behavior, to motivate employees, which will increase their performance leading to additional recognition and job satisfaction.
While the Income Share Agreements confront the problem of student debt, the ISAs ignores the affordability problem. The affordability issue not only applies to the rising tuition rates caused by less state funding but also by the sluggish growth in middle class incomes. The middle class, which makes up the majority of the nation’s population cannot afford to pay for a college degree without turning to student loans or other alternatives such as ISAs as a supplement. The stagnation in middle class income as precipitated by low wages, along with rising standards of living, simply cannot keep up with the surges in college tuition rates. While ISAs provide the means of access to a college education, it does not acknowledge the fact that college
In the article “the perils of “sharenting”,” Adrienne Lafrance discusses that some parents’ actions have affected their child’s life in a positive or negative manner. Due to these actions the author discusses the negative and positive effects of their actions. The author commences by giving recommendations to some governmental institutes that could assert the public health to change the parent’s attitude. Also, she supplements that some parents share private information that could lead to the child being abused or that they are hijacked digitally. Furthermore, Lafrance clarifies that not all pictures should be posted to the social media accounts due to having some pictures being taken in a wrong method. Moreover, the author mentions that although
When relating to social currency, we can view it as information senders and practical value would stand in as the information receivers. The concept of practical value relates heavily in marketing and especially in discounts and promotional deals. In addition, one of the biggest factors to why people share promotional offers is whether it seems like a good deal, regardless if it actually is. Each person has their own reference points when it comes to evaluating a sale or deal, causing inconsistencies across a population. A deal is considered better to most if it is shown to be a higher value, for example, an item that was originally $100 marked down 25% will seem like a better deal than $100 marked down to
In the book, The Corporation Joel Bakan presents arguments, that corporations are nothing but institutional pathological psychopaths that are “a dangerous possessor of the great power it wields over people and societies.” Their main responsibility is maximizing profit for their stockholders and ignoring the means to achieve this goal, portrays them as “psychopathic.” Bakan argues that, corporations are psychopaths, corporate social responsibility is illegal, and that corporations are able to manipulate anyone, even the government.
This paper is a book report on the novel entitled The Goal written by Eliyahu Goldratt and Jeff Cox. The 40-chapter book is actually a business book written in the form of a novel that makes it interesting to read unlike other business textbook. As a novel, the book is entertaining but at the same time, very informative for management or accounting students as well as for the real-life company managers and CEOs who wanted to apply different managerial practices. The paper summarizes the novel and makes analyses in relation to Operations Management.
The main corporate objective that Stephen Elop brought forward was to regain the lost market share when he stated that “…we are working on a path forward-a path to rebuild our market leadership…” The corporate objective would be communicated in future on February 11.
“Stockholders provide the enterprise with the capital and expect an appropriate return on their investment in exchange. Employees provide labour and skills. In exchange they expect commensurate income and job satisfaction. Customers want value for money. Suppliers seek dependable buyers. Governments insist on adherence to legislative regulations. Unions demand benefits for their members in proportion to their contributions to the company. Rivals seek fair competition. Local communities want companies that are responsible citizens. The general public seeks some assurance that the quality of life will be improved as a result of the company’s existence”.
In recent years, customer power has been slowly increasing as the number of competitors in the industry has gone up, therefore bargaining power of buyers is high. Because of the multiple sources to purchase electronics, consumers can shop around for the best price. This is one of the main reasons companies in this industry have introduced ‘price matching’ promotions. If a buyer can find the same product, either online or in another store, many electronics stores will match the better price to keep business. This also means that switching to other competitors for the same product is easy and the costs are low for buyers which results in high bargaining
Ralph, I’m following up on the issue’s we’re having with six of our Barco ClickShare (R9861006D01) USB buttons, and our Sharp 65” flat panel issues. You we’re checking on a possible resolution to these issues.
The Secret Sharer tells the story of a man coming into his own and learning Conrad’s protagonist, an unnamed man referred to as the Captain, is a young, inexperienced sailor, freshly appointed command of his ship. He lacks the confidence required to lead his men, and while he doesn’t fear outright mutiny, he believes his inexperience will lead to a lack of confidence, thus leading them to slowly chip away at leadership. He describes himself as an outsider on his ship, stating, “What I felt most was my being a stranger to the ship; and if all the truth be told, I was somewhat of a stranger to myself. The youngest man on board (barring the second mate), and untried as yet by a position of the fullest responsibility. (Conrad, pg. 167)
The London Stock Exchange lists the FTSE 100 which is a share index of stocks of 100 companies showing the highest market capitalisation. This will be completed by discussing the movement of the company’s share during the time period. The companies will also be compared to the movement of the shares against each other, against FTSE 100 and against its industry sector. The records and comparisons will be all in context of Stock Market Efficiency. Stock Market allows a company to be aware of the trade with shares and finance which is at an agreeable price. Two of the companies chosen to
Yes, the purpose of a company is to maximum the profit, and as Elizabeth Barret suggested,it can help company to make more profit. So the capital investment proposal described in Exhibit 3 is an attractive on for QMSC.
Often, share consumption is made through assigning a part of profit each year to consume a part of shares by draw. The shareholder whose share was consumed receive the nominal value as well as an enjoyment share granting him a right to company profit and a right to vote in the general assembly.