Introduction About Competitive Advantage Commerce Essay

Introduction About Competitive Advantage Commerce Essay First of all, I would like to define what is competitive advantage? Competitive advantage will be exists when the company is able to deliver the same benefit as what the competitors delivering but in a lower cost (cost advantage), or deliver benefit that exceed these of competing products (differentiation advantage). Thus, competitive advantages give the company capable to create great value for its customers and great profits for itself. As what Michael Porter mentioned two basic types of competitive advantage are the Cost advantage and Differentiation advantage. Cost competitive advantage. To achieve this kind of advantage in the company all what the company should do is to offer the better products to the customers with reduced cost compared to the competitors. For example, HP has achieved sustainable cost competitive advantage over all its competitors by being able to produce highly quality laptops at a cheaper rate. Differentiation competitive advantage The organization can achieved Differentiation competitive advantage if it is can make better values with its competitors. Distinctive Competencies Value Creation Resources Cost Advantage Or Differentiation Advantage Capabilities Figure 1: Competitive advantage Models As we have in Figure 1describes a competitive advantage model. we have seen from the model combination of the organizational human resources and material resources and capabilities forms the distinctive abilities to make the organization able to make a difference with respect the cost advantage of differentiation advantage, which will creates values for the organization and the customers. This is a good way based on the theory that more benefit to the company itself to reach a goal continually, like in the company, we should have quality and capability compare with the competitor. How Competitive Advantage helps to the Hewlett- Packard Company. HP Company one of those IT companies which is biggest in all over the world with quarterly yearly about $97.1 billion .This company able to remain this great record in the competitive advantage over the competitors. The sustainable competitive advantage able to achieve the benefit for the company with many ways that does not has other choice except sustaining like this record. Gain of the competitive advantage has increased the companyà ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ãƒ ¢Ã¢â‚¬Å¾Ã‚ ¢s revenue well. In 2006, HP achieved better revenue about $91.7 billion, in the same time the revenue of IBM about $91.4 billion, as for the revenue of the company in 2007, became much better about $104 billion, and it became the first IT company arrived to revenue more than $100 billion, and it continued to progress did not stop at this level, acquisition of the EDS in 2008, also jacked up the revenue to $118.4 billion. The competitive advantage start gained and afforded since HP attributed to leadership position in the world technology with groups strategically assigned to drive industry leadership in the main technology areas. The Personal Systems group is responsible about the work station, mobile computing equipments and PCs that coming from lead the business and consumer. As for the imaging and printing group their responsibly is how to get the successful for record in forms of printing devices, as for the imaging and printing group their responsibly is how to get the successful for record in forms of printing devices. The performance of these HP groups makes HP Company almost the best among of its equals. In January 2010 a report from Gartner and IDC Market Research Firms, there is a wide gap between HP and Dell. HB was the 6th largest world software company. As for 2008, it was global leadership position in laser, Jacket, large format and multifunction printers market and the second IT service provider throughout the world. All these results did not come by chance, but this company got these result by maintain some degree of superiority on the competitors. In the end we can get one thing that, all the benefits the company got is based on the competitive advantage. Analysis of Competitive Advantage in HP Company. The HP Company has an ability to afford and achieve competitive advantage well-deserved. The company took the way that to Simplifies the technological experiments for the customers. This is including to all the services start from printing, personal computing, services, software and IT infrastructure, this is very important to let all HP products usable and with simply from the users. There is only one way can analyze HP competitive advantage is by discussion of HP values, where HP values are associated with the set out by the founding HP leaders. Those unique ways underscoring for the decision-making as for the advancement of the firm it is just like a map, and HP pioneers based on the corporate culture on integration and reinforcement from critical opposites position. The useful thing from this practice is, use the benefits of the approaches as the case and Balancing associated risks, and also there is another way the competitive advantage of HP Company is through developing cross functional individuals. Unlike other companies that just hire staffs and train them for a specific job requirement to be assigned to such staffs throughout their stay in the organization, HP makes sure that all her employees move more than four to six functional areas with the company to allow them to work more than one departments of the company and thereby effectively managing the organizational knowledge through effective sharing among its staffs. It has been widely agreed that in this knowledge era, effective knowledge management will surely lead to achievement of competitive advantage. The reason to make HP Company strong is the quest for developing the employee, because the developing of the employees very important to progress the company, so because of this reason the company able to achieve effective organizational in 2004, Miller recognized that since 1980, became too busy with all the employee retraining program that call (SJS) Software Job Skills. The company quested to retraining employees who may naturally be laid-off, that makes the company to be able to afford its competitive advantage when the employees every time continue to be relevant and compliant with the new trend organizational need and employees are considered important in the performance of every organization. Organizational competitiveness is coming by implementation of knowledge management and its benefits. Knowledge management helps to reduce the product cost as a result of the possibility of re usability; this allows the organization to be able to offer services of the same quality even better than that of its competitive at a relatively low cost. This is important way to gaining competitive advantage. In addition, the implementation of knowledge management brought about better employee productivity and coordination which has a positive result which effect on organizational performance, also have another important factor in everywhere is service deliver powered by the real time communication facility. As HP has wise saying as following If only HP know what HP knows! It means that the required knowledge and skills for solving your problem resides somewhere within the company. This means that the company has achieved a lot through effective communication. All these account for achieving sustainable competitive advantage. According to Lava, Feyhl and Kakourus (2005), the business supply chain cant achieve to using only the Operation Research or from the global era, this methods is move faster in the business environment, will require a lot of time which might result in to delay in the service delivery and thereby negatively affect customer satisfaction. Planning of HP came out with that which is combines the optimization ability. HP have a same opinion that the risk that related with the product by the demand, the component of price and uncertainty the stock and all of the company influence the revenue and profits. Based on Ngali, Hwang, Sanghera, Gaskins, Pridgan, Thuvston, Mackenvoth, Branvold, Scholler, and Shoemaker (2008), the management group that made by HP and they develop and build that model by mathematics, the business process and software to planning and developing risk by the product. This is having a lot of advantages for the company. Since 2006, HP can get $ 7 billion from the spending by saving the cost from $ 128 million. This is made a benefit for the company and gives the contribution to the competitive advantage continually from the company. The products of HP are always better than that of its competitors and such a refinery and marked a second from time to time to meet the changing technical needs of customers. Only in November 2009, HP Storage Works XP9000 introduced new network storage as a system that is designed primarily to meet the bullish trend to the explosive growth of data and to improve the performance of applications using the file based outside a measure of engaging has the ability to manage information more efficiently use a space name alone. This brought the companys most popular networking in the community since such creativity is required in virtually all organizations that deal with large data. The work of a very efficient storage in data storage is known for the relatively low leisure time.

Print Media

Popular Culture and Print Media Print media is classified as anything that is in print and is also used to inform the public. The most prominent forms of print media are newspapers, books, magazines, direct mail, and yellow pages. Outdoor advertising like billboards and transit posters are different types of print media but are very effective in conveying the advertisement across. What one sees and reads has a big influence on what he or she says, how one says it, and his or her action. The influence print media has on people and communities have contributed to the change in popular American culture today. Print media is placed to catch everyone attention, it is everywhere one may look. People will find some form of print media strategically placed to catch onlooker’s attention. More than a communicative feature, print media has influenced American culture and consumerism over the years. Print media sets the trend on what is fashionable and what is out of fashion. More important, it serves as a significant factor to inspire and impede consumerism. By influencing one’s consciousness and perception, print media has formed society into what has become â€Å"American Culture† of today. The influence print media has can make one desire the thing he or she use to dislike, believe in principles he or she used to have an aversion to, and continually consume items in excess. Print media has been extending the knowledge of the news or chronicles across the nation by keeping the public up- to- date on information pertaining to one’s life, services, products, and the environment. Several trends that have propagated by the print media are food, fashion, and weigh loss programs. People are focused more on these trends today than ever before. Print media has made it more accessible for people to obtain whatever information he or she needs to keep up with these particular trends. Because of the down economy, more people are cooking at home instead of dinning out. People prefer to cook meals that are quick and easy to prepare and are healthier for the family. A few of the popular trend includes; organic or soy dairy product, ethic foods, one dish meal, vegetables, and ruits. This food trend has caused the prices of the items in the grocery stores to increase. In turn, the increase has sparked the owners of the grocery stores to enhance the distribution of sales advertisement. They are more sales advertisements printed and mailed to the consumer’s home nowadays than ever before. People can plan what they want to buy, before they leave their home, according t o what is on sale. These advertisements sent through the mail also allow people to budget accordingly or even cut out sale coupons that will make their shopping more cost efficient. Magazines and tabloids are a few sources that primarily focus on fashion. Usually, they employ a fashions staff that includes a team of fashion writers who are used often to highlight the different fashion trends. In addition to, magazines and tabloids, one can find an entire section dedicated to fashion in newspaper like the Sunday Times Style Magazine. This particular magazine is committed entirely to the most up- to- date fashion. These fashions set the trends that young and older people like and are willing to wear. These papers often use celebrities to advertise certain product such as clothes by a specific designer or brand contributes to the fashion culture of today. Weight loss programs have also propagated he print media market. This is solely because many people are trying to be healthy and fit. They currently have whole magazines dedicated to weight loss. These are Body and Soul Magazine and Shape Magazine and they provide people with information about diets, fitness, healthy eating, and recipes from home. They also provide expert advice on how to live healthier from doctors or fitness gurus. The advertisements in these magazines show people who are skinny and healthy and this makes people reading these magazines want to be like them. Today print media has become one of the most successful industries. The different types of print media give the people an excessive amount of options to choose from. Whether it is from a newspaper or magazine, every source has a particular benefit. Print media is driven by the need for advertisers to reach the audience they are targeting and in places were people are looking for information.

The Demise of Harvard Essay Samples

The Demise of Harvard Essay Samples There are lots of not widely known professions, however, such as oncology, toxicology and many more that handle very narrow and specialized difficulties. Your vet can suggest the most reputable pet healthcare insurance businesses. My work has been a direct portion of our institution's expansion out of our province into the remainder of China. To assess the skills of our writers without paying, take a look at these samples. EssayAssist knows what the most well-known colleges want away from their applicants and is about to share this knowledge with you. Schools look for the way that you process an experience and what unique insight you are able to write about doing it. Health science has a great deal of application opportunities, the outcome and findings of these studies are commonly utilised in sports and healthcare systems to be able to treat and prevent numerous diseases and disabilities which people face. Stories are an essential component of the human experience. Still, its importance in our day-to-day life is recognized by every individual along with society as a whole. Journal of social and individual relationships. So consider your story. Where a page number isn't available, paragraph number may be used. All the sources you refer to in the most important body of your assignment must be listed at the close of the assignment in a reference list. Be especially careful to be aware the orig inal supply of information, together with the authorship of document you've found it in. Any information which you believe to be related to your application is acceptable. Whispered Harvard Essay Samples Secrets In this section of the test you'll be requested to demonstrate the practical qualities a nursing assistant must have. Perhaps you are aware that there exist various reference styles utilised in high schools, colleges and universities. The school gives you minimal guidance for applicants hoping to earn an impression. But, law schools actually wish to understand the way your mind works. The Key to Successful Harvard Essay Samples For the time being, below are a few examples of reference essays which you might discover useful for your write-up. One of the most frequently used paper styles is regarded as Harvard essay writing style. You could also have a look at sample essay outlines. So yes you can obtain a killer essay but in the event the application is weak, it w on't really make a difference. Essay writing isn't only about composing interesting texts. You could also have a look at argumentative essay examples. Or conversely you can obtain an awful essay but still get in. Harvard essays are intended to guarantee that you're an ideal match. Harvard Essay Samples Ideas This year's incarnation is actually the epitome of an ideal essay question. Unless Harvard is your very first selection and you're tackling this application with an early submission deadline facing you, you may choose to leave this essay until the conclusion of your supplement run. In-text citations for an internet journal article stay unchanged from how you would cite a print article. PaperCoach can assist you with all your papers, so take a look at the moment! Even though the author only employs a story at the start of his piece, anecdotes may also be a beneficial method of keeping the reader's interest peaked throughout the essay. Citing the authors or the publications in your essay is something that you have to not neglect to do. The Most Popular Harvard Essay Samples You're still copying somebody else's work, which means you must reference it. It is almost always better to cite in short because you don't have sufficient space for extended quotations. As a result of simple fact that Harvard referencing is among the most commonly used styles, it's being reviewed and updated on constant basis and the newest version can always be found in internet stores. There are lots of citation styles you could use based on the topic area which you're working on an d on the paper which you're writing, and this is going to be fully discussed in the succeeding sections. A Startling Fact about Harvard Essay Samples Uncovered As you might already know, the academic writing has many standards and format that are popular by several institutions. In-text citations should be cautiously examined for the pages you're referring to. Writing an article working with the Harvard format an individual should demonstrate the transition from 1 paragraph to the next and these paragraphs ought to be interconnected. The moment you've got full comprehension of Harvard style writing format, it will be simple that you do a very good paper using it. Since you may see, the principal objective focus of Harvard style is to offer proper citations and referencing. It is not difficult to follow and the instructors discover that it's highly beneficial to be utilized as main writing format. Harvard style is just one of the several reference styles utilized in various kinds of academic writing. It uses in-text reference guidelines.

Fraud Detection Using Trend Analysis - 1639 Words

Option #1 - Fraud Detection Using Trend Analysis and Financial Statement Analysis Recent analyses of Roamana, Inc. financial statements show alarming results. While sales have increased 4 percent per year, inventory has risen 39 percent annually. The prevalent concern regarding such anomalies is the possibility of fraudulent activities occurring within the organization. Should it be determined that fraud is occurring, a decision on the next step of the investigation must be determined before proceeding which will provide conclusive evidence, stop such activities, and not endanger the organization’s reputation or alienate staff not involved in the illegal activities. Fraud Red Flags of Financial Statement Analyses Analysis of financial†¦show more content†¦Such flags must be investigated to determine if fraud has indeed occurred. Within Roamana, Inc. financial statements, revenue increased 4 percent, while analysis of the Statement of Cash Flows revealed dramatic increases and decreases in accounts receivable, accounts payable, and inventory between 2010 and 2012. Change in accounts receivable in 2010 was 25 million, while Roamana, Inc. saw a 1,020% decrease in 2011 of a negative $230 million. Additionally, Roamana, Inc. change in accounts receivable increased 207 percent over 2011 with a negative $706 million in 2012. Such a staggering change from 2010 to 2011 should have prompted questions and further investigation without allowing another year to pass and additional substantial changes to occur. Additionally, the change in accounts payable in 2011 was 50 percent less than 2010, however, 2012 resulted in a 233 percent increase in change over 2011. Moreover, inventory’s change from 2010 to 2011 was a decrease of 40 percent, while 2012 showed a 433 percent decrease (see Table 1). Whereas the changes in inventory and accounts payable were not as staggering as accounts receivable between 2011 and 2010, the changes that occurred in financing and investment activities again should have prompted questions. Proceeds from sale of securities increased 273 percent 2011 and declined 55