Saturday, February 29, 2020
Amazon Cycles of Creativity
Amazon was incorporated in 1994 as an American e-commerce company, by Jeff Bezos. It is the largest online retailer in the world according to its sales and capital. The company earned an income of US$135.98 billion in the financial year of 2016 and on its peak days it sold more than 306 items in one second. The motive of selecting Amazon for this report is because the company has beat all of his completion in the market Management and become worldââ¬â¢s largest online retailer with a high level of customer satisfaction. Amazon operates in online shopping and cloud computing industry. Along with their online retailing, the company provides several other internet-based services to its customers as well. Other services of Amazon include Amazon Prime, online book store, studio movie, app store, cloud drive and web services. Amazon keeps innovating their products and services according to their customer's requirements. The recent project of Amazon is ââ¬Å"Alexaâ⬠, an artificial intelligence system that could connect to mobile, house or other electronic devices (Teece 2010). According to Mangalindan (2012), Amazon key strategy focused on cost leadership, as compared to other off-line retailers. The companyââ¬â¢s enormous warehousing services and processing abilities, providing them cost advantages. The company is also focused on customer satisfaction and Bezos has implemented the consumer focus structure throughout the enterprise. The company uses these facilities to provide competitive pricing to its customers and other facilities such as one-day delivery, easy return, fast purchase process, and customer support. According to Forbes, Amazon is one of the worldââ¬â¢s top three most innovative companies, with a market cap of US$427 billion and this strategy will help them sustain their growth in the future. Amazonââ¬â¢s business model focuses on enhancing growth by adopting a lower cost structure, as discussed by Bucherer (2011). The company provides lower cost products with high-quality services. Following is the criteria of Amazonââ¬â¢s business model: Amazon operates in more than 16 countries, and they might start selling in Australian as well. Before entering in Australian online retail market, the company required to assess their culture, administrative, geographic and economic factors. As discussed by Johnston (2017), Australian online retail market is a booming industry with more than 80 percent of population spending in online retailing, but around 64 percent of customers returned their purchases. Amazon required formulating faster delivery operations with easy return policy to capture Australian online retail market. Uber Technology incorporation is an American corporation operating in transportation and delivery services. The companies headquarter is situated in San Francisco, California. Uber provides its services in more than 632 cities globally. The organisation has revenue of US$6.5 billion in 2016 financial year. The purpose of choosing Uber is that company has changed the taxi industry without any significant investment. The organisation has created a monopoly in the transportation industry and worth more than US$63 billion. Uber allows customers to book a taxi through their mobile application. The drivers of Uber cabs have their own vehicles, eventually reducing the investment cost of Uber. The company has millions of vehicles to operate, for which they did not pay millions of dollars. Uber does not require maintaining full-time drivers or vehicles which reduce their costs. Uber operates in the low competitive market. There are other taxi drivers and organisation, but they did not provide customer services like Uber (Cramer and Krueger 2016). The customs choose Uber over taxi because they provide easy accessibility and facility through their application such as convenient booking, 24*7 service, and no cash transactions. According to Jonathan (2015), Uber hire world-class programmers and talented mathematicians that help in maintaining policies for the company by analysing the data. The company constantly update their policies to attract a high number of customers such as discounts, guaranteed prices, simplicity in the booking process and motive drivers to work longer. The innovative strategy helps Uber in gaining a competitive advantage and assist in sustainable future growth. Uberââ¬â¢s business model focuses on maintaining high standards of services management at lower prices. Following are its essential parts (Cohen and Kietzmann 2014): The business model of Uber assists them enhancing their operations worldwide. According to the research of Cannon and Summers (2014), the company is not affected by economic, geographic, and administrative and cultural factors of different countries since the company did not invest in vehicles. Uber provides a facility through their application and their drivers use their personal vehicles. The business approach of Uber increases their operations in more than 632 cities and sustained their future growth. Bucherer, E., 2011.à Business model innovation-guidelines for a structured approach. Shaker. Cannon, S. and Summers, L.H., 2014. How Uber and the sharing economy can win over regulators.à Harvard business review,à 13(10), pp.24-28. Cohen, B. and Kietzmann, J., 2014. Ride on! Mobility business models for the sharing economy.à Organization & Environment,à 27(3), pp.279-296. Cramer, J. and Krueger, A.B., 2016. Disruptive change in the taxi business: The case of Uber.à The American Economic Review,à 106(5), pp.177-182. Culey, S., 2016. Building the Everything Store: Amazonââ¬â¢s Cycles of Creativity and Circles of Destruction. The European Business Review. Retrieved from < https://www.europeanbusinessreview.com/building-the-everything-store-amazons-cycles-of-creativity-and-circles-of-destruction/ > Forbes., 2017. The Worldââ¬â¢s Most Innovative Companies. Retrieved from < https://www.forbes.com/companies/amazon/ > Johnston, R., 2017. Yet Another Reason Amazon Australia Is Going To Be Huge. Gizmodo. Retrieved from < https://www.gizmodo.com.au/2017/08/yet-another-reason-amazon-australia-is-going-to-be-huge/ > Jonathan, T., 2015. Uberââ¬â¢s Use OF Data As A Competitive Advantage. Digital Innovation and Transformation. Retrieved from < https://digit.hbs.org/submission/ubers-use-of-data-as-a-competitive-advantage/ > Mangalindan, J., 2012. Amazonââ¬â¢s recommendation secret.à CNN Money https://tech. fortune. cnn. com/2012/07/30/amazon-5. Teece, D.J., 2010. Business models, business strategy and innovation.à Long range planning,à 43(2), pp.172-194.
Thursday, February 13, 2020
Do you Think the Principles of Design Affect Everyday Life Essay - 9
Do you Think the Principles of Design Affect Everyday Life - Essay Example Normally, this not by accident, it is because of a careful planning based on principles of design. Usually, the majority of people prefer their lives to have balance, they do not like living on the edge. People want to order in their lives. The same applies to design. Balance in design is concerned with the way a designer distributes the weight on every side of the image. When a designer gives much weight to the right side as to the left, the bottom and the top, this is referred to as symmetry. There is a number of ways to create symmetry. Asymmetrical page in a newspaper would have the right side and the left side of the page balanced. Doing this sometimes is ok; however, having everything balanced in a publication all the time is boring. People like balance in their lives, however they do not like seeing at symmetrical things always. Occasionally, it is necessary to approach media design of an image via asymmetry. This implies dissimilar but equal visual weight on each side. Thus, you would give one side of the page more weight via visuals, lettering, color etc. This implies that you do not have a page in the sense that all regions of the page are equal in what they contain (Sayre, 106). In design, balance is achieved via optical weights. This implies that a designer/artist decision on the significance of elements, and their positioning on the page lead the viewer through the page. In other words, the designer guides the viewerââ¬â¢s eyes where he wants them to go- from the most significant to what he thinks is least. The designer knows what he considers most significant elements and those that are not very important and thus he arranges them in such a manner. The scale is something that works naturally. It is basically arranging spaces in an image in an attractive relationship.à Ã
Saturday, February 1, 2020
Employment relations Essay Example | Topics and Well Written Essays - 1750 words
Employment relations - Essay Example agement style, a remnant of Theory X, merely treated employee relations this way, alongside seeing them as not valuable assets of the organization and not to be consulted for decision-making. The autocratic manager dictates orders to his staff and takes no recognition of consulting the employees on relevant decisions. Leaders in this kind of environment tend to control the situation. This kind of management style persisted for a very long time, until the democratic management style came in. At present, employee relations are more focused on ascertaining a productive people resource, a trend that was missing in the last decades. Employee relations are dealt with by resolving labor conflicts and informing the management about concerns that relate to employee welfare and long-term economic security. In a democratic workplace environment, human resource management gives more emphasis on employee development and their welfare, including pay and benefits, workplace condition, and job secur ity, supporting the growing knowledge that people resource is the most important of all resources. It may be inferred that in the past decades, employee relations was aligned to achieving economic production and was its ultimate goal, to the point that job security was always influenced by the rise and fall of the production market. This signifies a lack of prioritization of employee welfare, and placing them in second fiddle to economic production and profits. Rubinstein and Kochan (2001) state that the last two decades of the twentieth century was a time of tumultuous change and debate over what goal should corporations serve, and how the system of labor-management relations should be reformed. This is indicative of a growing concern for human resources, which may have been influenced by the emergence and reinforcement of several motivation theories. The past has also witnessed a corporate world in which shareholders and investors were reasserting control over corporations in order
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