...Ray F, Maryana K, Kangi J, Brittany M 10/2/14 Management Information Systems Jia Shen Peer to Peer Online Shopping Peer to Peer online shopping is a high tech version of old fashioned bartering systems. Peer to Peer online shopping connects people all over the world by facilitating online sharing. Typically, an online peer-to-peer marketplace brings people and/or businesses together online to deal with each other directly without having to go through a slow, expensive middle man. Peer to Peer online shopping can be convenient, it can save time by having everything in one place, and save money by cutting out the middle man which will reduce the overall cost for the consumer and increases the profits for the provider/business. Peer to Peer online shopping can also be fun, and highly specialized. During the recession people had less money which caused them to spend less which eventually led to Collaborative consumption. Collaborative consumption which is consumers selling or renting to each other is encouraged by all of the Peer to Peer online sights. For example E Bay is a online auction and shopping website that provides peer to peer and business to consumer sales service via internet. According to our text book "one of the most surprising benefits of collaborative consumption however, turns out to be social. This is true because it allows for sharing between strangers and allows us to make meaningful connections. "Collaborative consumption is an economic model based on...
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...reduced transaction costs, making sharing assets cheaper and easier than ever—and therefore possible on a much larger scale. The big change is the availability of more data about people and things, which allows physical assets to be disaggregated and consumed as services. Before the internet, renting a surfboard, a power tool or a parking space from someone else was feasible, but was usually more trouble than it was worth. Now websites such as Airbnb, RelayRides and SnapGoods match up owners and renters; smartphones with GPS let people see where the nearest rentable car is parked; social networks provide a way to check up on people and build trust; and online payment systems handle the billing. What’s mine is yours, for a fee Just as peer-to-peer businesses like eBay allow anyone to become a retailer, sharing sites let individuals act as an ad hoc taxi service, car-hire firm or boutique hotel as and when it suits them. Just go online or download an app. The...
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...Table of Contents 1. Introduction & Methodology Tasked to determine if Treats Inc. is correctly priced, the team first determines the intrinsic value using the Corporate Valuation Model and compares it with the current price. Next, financial ratios of Treats are compared across its peer groups to determine its relative performance in the industry. Lastly, a Sensitivity Analysis is conducted to understand the impact of deviations of assumptions made in the model. 2. Assumptions On top of the given assumptions found in Appendix 1, we assume (1) Depreciation expense each year is calculated by straight-line method with reference to previous year’s Fixed Asset book cost. (2) Treats Inc. is a company engaged in business retailing of food, general merchandise and it operates a series of hypermarkets and supermarkets around the world. (3) The return of the MSCI ACWI is taken as the market benchmark return. 3. Deriving the Intrinsic Value per Share (i) Using SLOPE function in EXCEL, β=0.55943882 (ii) WACC=rD*1-TC*DV+rE*EV rE=rf+βrM-rf=0.072466329 WACC=0.06632138 (iii) CFFA=OCF-NCS-ΔNOWC Year | 2014 | 2015 | 2016 | 2017 | 2018 | CFFA ($, In 000s) | 1,099,500 | 1,052,438 | 996,743 | 931,457 | 855,517 | (iv) Terminal value represents value of firm at the point that growth becomes constant. TV=CFFA2019WACC-gCFFA=855,5171.0150.06632-0.015=$16,919,842,000 (v) Discounting Treats’ CFFA and TV by WACC, PV of Treats’ future operating cash flows=$16...
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...services. EDWARD M. TAUBER Are some shopping trips motivated by The results of an explora- tory study of shopper motivation suggest that a person may shop for many reasons 'T'HE field of consumer behavior has experi-•- enced a dynamic period of growth over the past 10 years. It is frequently overlooked, however, that this broad area consists of three distinct activities: shopping, buying, and consuming. Considerable progress has been achieved in identifying the behavioral dimensions of buying, and a number of theories of buying behavior have been postulated. However, less is known about the determinants of consuming and shopping which are also of substantial theoretical and managerial importance. This article attempts to encourage behavioral research and theory building concerning shopping behavior by presenting some exploratory research findings on the question of why do people shop? Numerous writings have been directed to this question. For example, researchers have suggested that shopping is a function of the nature of the product,' the degree of perceived risk inherent in the product class,^ and the level of knowledge or amount of information about alternatives.'' All of these answers are directed at the question, "Why do people shop in more than one store?" (comparison shopping). Other authors have maintained that shopping is a function of location. 1. Richard H. Holton. "The Distinction Between Convenience Goods, Shopping Goods and Specialty Goods," JOURNAL OF...
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...customers can pay for your products and services from a mobile device and or using your website). People today live with the use of all technology, they carry their mobile devices everywhere they go whether going to work, the store, or even when they are just sitting at home watching TV. With this much technology that people carry with them you can utilize an e-payment system to the full advantage. E-payment is a way customers can pay for your service or pay for and purchase products from you from their mobile device or from their computer from the comfort of their own home. Ideas and Strategies for utilizing e-payment system and securing their database Now days, life has become very fast. Most of the people do not prefer going to shops for shopping. Instead they prefer to do the same by sitting at home and ordering online. Thanks to the advancement of technology. It has brought the entire world within the grip of our hands. Just a click of a mouse on the computer can perform transactions of thousands and lacs. Thus most of the business today is taking place online. This feature is termed as e-commerce. E commerce...
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...Parent’s Social Class Valuation Thinking Regarded Children’s Fashion. It has long been said that clothing present people’s lifestyles or class levels, but is it still true today ?If so, how do the styles of clothing convey change over the years? “Clothing disguises much of the poverty in the United States, and this may explain, in part, it is middle class image.”(Rothenberg, #186) The connection between fashion and social class is not only focused on adults but is also a big issue for kids. The issue with today’s children’s fashion affects their thinking of values, branding and social class. For children, the meaning of branding might be just one word, “cool”. How do children (from age 5-14) determine and chose their style of clothing? Is it from material, price or their parents? Their parents judge their appearance by using evaluative criteria; it may affect children’s clothing when they have enough income or knowledge to shop. Most of the time, people believe clothing makes or shows the class status because people like to discuss others’ styles and put them in the different catalog of class level. “With marketing of mass marketing of designer clothing and with shifts in the nation’s economy jobs from blue-collar to white-collar and pink-collar in the service sector, it is becoming creasing difficultly to distinguish class differences based on appearance.” (Ewen and Ewen, 1982)The basic principle of fashion is that high status individuals set fashion. Any assessments...
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...World Applied Programming, Vol (1), No (2), June 2011. 100-104 ISSN: 2222-2510 ©2011 WAP journal. www.waprogramming.com Taking a look at different types of e-commerce Rania Nemat* Department of IT, Al-Azhar University, Cairo, Egypt. Rania.n.85@gmail.com Abstract: In this paper, we are going to take a short introduction to different types of ecommerce. So, we will talk about e-commerce and then the types will be presented. They are described in details. Different relationships between commerce sides are subjected here and the categorizing is done. The types that are talked include: B2B, B2C, B2E, B2G, B2M, C2B, C2C, G2B, G2C, G2E, G2G, and P2P. Key word: e-commerce • e-commerce types • business I. INTRODUCTION E-commerce is the use of Internet and the web to transact business but when we focus on digitally enabled commercial transactions between and among organizations and individuals involving information systems under the control of the firm it takes the form of e-business. Nowadays, 'e' is gaining momentum and most of the things if not everything is getting digitally enabled. Thus, it becomes very important to clearly draw the line between different types of commerce or business integrated with the 'e' factor. Based on the type of relationship between different sides of commerce, it can be categorized in different types. In this paper, we will get into them in details. II. E-COMMERCE TYPES There exist different transaction schemas that are forked from different...
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...demonstrates throughout her story that an adolescent’s sense of approval from their peers could lead them into making rash and carless decisions. Many people believe they need to dress and behave in a certain manner if they want to be liked by their peers. Unfortunately, today’s society is all about paying attention to how someone dresses instead of how they present themselves. Some girls do not realize that dressing in a sexy way could make them seem vulnerable to some individuals. Oates’ story stated that Connie “wore a pull-over jersey blouse that looked one way when she was at home and another way when she was away from home.” Connie did attract attention from boys her age with her altered clothing but she also attracted negative attention from an older man named Arnold. Adolescents strive for other’s attention so they can achieve that level of being wanted. There is evidence of this in the story when Connie is at a drive-in with her friends. She is intrigued by what appears to be a young man staring at her and giving her the attention she wanted. This young man catches her staring back and makes the statement “gonna get you baby” to Connie. She doesn’t realize that this attention is not harmless flirtation she is used to but that Arnold has alternative motives. When teenagers are forced to make rash decisions because of peer pressure...
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...The progression of Internet Purchasing, especially in clothes, is undeniable and worldwide popular. As a retailer of men’s suits, what have to consider about is not limited in hypostatic shop. According to the ONS, clothes are the most favoured goods for man, at 43% of internet users. There are an enormous potential in male online shopping market. Therefore, I would like to offer some proposals about starting on-line business on men’s suits. Initially, our website should keep interface concise and make goods display neatly. So complicated is the vision that customers will lack of desire to browse through. Comparatively speaking, the majority of men prefer doing shopping in an efficient way. In view of that, I strongly suggest that the suits category: style, colour, size and other custom services are arranged clearly and found easily. What is more, based upon the ONS, as many as 6 million new users get into Internet by mobile phone through the year of 2011. The growth reminds us that we can not only focus on the traditional terminal but also explore the new channels, like the APPS. Similarly, the promotion and advertisement can be brought into market via social networking such as Facebook, Twitter or Weibo. It is showed in ONS that men prefer the professional networking like LINKIN while that kind of society will be the key point for us. Still, online transactions, which include payment procedures, method of delivery, information security and return policy, play a big...
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...Children who attend public school are better socialized than those who are home schooled University of Maryland University College May 2, 2015 28288 Cardinal Lane Evans Mills, N Y 13637 USA Parent Body 10th Mountain Division Fort Drum N Y13625 USA Dear Parents, Please accept the following analytical report entitled ‘Children who attend public schools are better socialized than those who are homed schooled’. This report begins with a brief abstract which compares both the home and public schooling options being explored within the American society. The second section is the introduction which highlights the various attributes that parents hope to achieve for their children, followed by the overall analysis of the topic. The final segment is the conclusion which summarizes the entire report by reiterating the key elements of both home and public schooling, and will allow you the audience to make a decision that would be beneficial to your specific needs. I would like to say special thanks to Professor Amanda Richey for granting me the opportunity to research a topic that is of personal interest and I hope that you will all enjoy reading my report. Yours Truly, Cadien Vaccianna Table of Content Title Page 1 Letter of Transmittal 2 Table of Content 3 Abstract 4 Introduction 5 Literature review 6 ...
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...behaviors that focuses on the way people think and such thought processes that affect their way of behaviors (Philosophy 2014). All human beings have behavioral habits. Some of the most talked about behavioral habits are smoking, drinking and/or drug abuse. Fortunately, for me, I don’t possess any of these negative behavioral habits. One of my behavioral habits, which I find can be a negative behavior, is shopping. My desire to go shopping is usually sparked by an uncontrollable urge. I believe my behavioral habit to go shopping was brought on by childhood experiences. As a child, I grew up poor and had to endure relentless teasing from other children because I wore old clothes and hand-me-downs from my older siblings. As I became an adult and a wage earner, I also found myself becoming a compulsive shopper. I would buy a lot of name-brand clothes items, shoes, handbags, etc. It didn’t matter to me that my wages could not support the expensive taste I was beginning to acquire. Nonetheless, I continued in my shopaholic ways. As a wife, my behavioral habit of shopping has had a negative effect on my relationship with my husband. It is the reason for many of the arguments and disagreements which take place between...
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...my team members and also going to take a seminar on the topic of peers. I would like to introduce Fawaz, Kedaresa, Sabiq and Afiras. At this moment I would like to talk about “peers”. When you were a little kid, your parents usually chose your friends, putting you in playgroups or arranging play dates with certain children they knew and liked. Now that you're older, you decide who your friends are and what groups you spend time with. Your friends — your peers — are people your age or close to it who have experiences and interests similar to yours. You and your friends make dozens of decisions every day, and you influence each other's choices and behaviours. This is often positive — it's human nature to listen to and learn from other people in your age group. As you become more independent, your peers naturally play a greater role in your life. As school and other activities take you away from home, you may spend more time with peers than you do with your parents and siblings. You'll probably develop close friendships with some of your peers, and you may feel so connected to them that they are like an extended family. NOW I CALL KEDARESA TO GIVE YOU ALL A BRIEF IDEA ABOUT THE NEGATIVE WAY OF INFLUENCING THE FRIENDS:- “You grow to fit your environment, so make sure your environment breeds excellence and positivity.” KEDARESA:- You're older and established. You think that you’re way beyond the days of peer pressure. But you’re not. No matter how old you are, or even how...
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...1 The Social Impact of the Internet There is no denying that technological advancements bring about social change. In today’s society, nothing has made a greater impact in this regard then the internet. The internet is defined as a global system of interconnected CPU networks that use the Internet protocol suite to link several billion devices on a global scale. This network consists of over millions of private, public, academic, business, and government networks, linked by a broad array of electronic, wireless, and optical networking technologies. The internet has made the entire globe, in essence, just a click away, with a multitude of information being brought to your fingertips. It is exceptionally difficult to picture today’s societal, economic, entertainment, information, academic or business sectors operating without the use of the internet’s resources to connect to people worldwide. The internet has become vital, simplifying the search for information or resources as well as carrying the extensive range of said information resources, such as website information and domain names, to support social interaction through file sharing, emails, web applications, telephone services, etc. According to Bill Stewart’s article, The Living Internet,[1] the origin of the Internet dates back to research commissioned by the United States government in the 1960’s to build a robust, fault-tolerant communication via computer networks. There is no consensus on the exact date when the modern...
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...who we are: 1.Commonly known as coles. an Australian supermarket chain owned by Wesfarmers. 2.employs over 100,000 employees and,[2][3] 3 together with rival Woolworths, accounts for 80 per cent of the Australian supermarket market.[ organizational objectives: Provide fresh food and better shopping experiences * Increase profit from sales. * To expand the business and become the biggest retail store in Australia organizational business model: where to find customers? find potential customers(both on physical store and online store) what the special and experience can the business provide ?provide the most convenient and generalized shopping experience with the lowest price for customers how can business provide such serve for customers? by cutting down the product cost and selling cost RFID(Radio Frequency IDentification): Introduction:is the wireless use of electromagnetic fields to transfer data, for the purposes of automatically identifying and tracking tags attached to objects. How does RFID work? the tags contain electronically stored information. Some tags are powered by electromagnetic induction from magnetic fields produced near the reader. Some types collect energy from the interrogating radio waves and act as a passive transponder. Other types have a local power source such as a battery...
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...by eBay in November 2011. I am now an eBay employee. But all the opinions expressed below are my own, and were developed prior to the Hunch acquisition, through my own research on e-commerce. Amazon and eBay are the two largest e-commerce companies. As of this writing, Amazon has a market cap of about $87B, trading at a trailing twelve-month P/E of about 139. eBay has a market cap of about $42B, trading at a trailing P/E of about 13. Each company competes with many other companies in many different areas. For example, Amazon competes with Apple on tablets (Kindle vs iPad) and digital media (Amazon’s media store vs iTunes). Ebay’s Paypal unit competes with multiple payment companies, and its marketplaces division competes with other “peer-to-peer” e-commerce sites like Craigslist. But given the potential size of the e-commerce market (not to mention the online-to-offline commerce market), Amazon and eBay’s main competitors are each other. And to understand their large strategic moves (e.g. large acquisitions like GSI and Zappos), it is important to understand their fundamentally opposing strategic outlooks: eBay wants commerce to be more decentralized (around its GSI/Magento partners and eBay marketplaces sellers) and Amazon wants it to be more centralized (around itself). First, some background. During the dot-com boom, many largest offline brands debated how to best move their businesses online. Some tried to build their own websites from scratch. Others partnered with commerce...
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