...The impact of technology and online communities The importance of social media in today’s generation is really significant, and because of its influence, it is recognized as an excellent marketing tool and could help businesses in building an online presence. Social media paved the way for the evolution of social relations and of people’s interaction. Nowadays, people seem to do everything online: making friends, watch movies, and even transact businesses (admin, 2011). As part of your social media branding, the importance of social media in today’s society is nothing to be overlooked at and it should never be, it was not existed a short few years ago but yet we could not see ourselves without it. Today’s social media is much more than just a website that young teenagers and our children use to talk to their friends. Everybody from big business to independent business owners is using some form of social media marketing plan in their day to day lives. Social media is being used all over the world by many people, different age range but mostly by teenagers and young adults. Social media is being used mostly for businesses, social networking, researching, entertainment and news. The importance of social media has really made the world a smaller place; we can now do business with people from all over the world so much easier and quicker than before (Lodge, 2012). If social media was to be removed, the effects on society would obviously be negative but in a way somewhat positive...
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...Financial Technology is a combination of “finance” and “technology” and it is also known as “FinTech”. FinTech is considered as a business or an industry that is organized of various companies that are applying technology to make a delivery of financial services and to form financial systems. Furthermore, according to Price Waterhouse Coopers (2016), FinTech is defined as a constant changing at the section of the point of intersection between technology sectors and financial services. The technology is basically focusing on start-ups and the newcomers market will innovate the services and products which are recently given by the traditional financial services industry. Nevertheless, FinTech is a term that given to the products and services...
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...Moving Anywhere Community College into Distance Education Rachelle Harris ED: 7212 Administration and Leadership of Distance Education Programs Moving Anywhere Community College into Distance Education Colleges increasingly have to compete for students, and Anywhere Community College has to compete with institutions that are continuously on the move to make their programs more attractive to students. These learners include a new bread of students, and they students who are looking to move into more lucrative career opportunities (Meyer, 2010). These students come from a wide array of careers, and some want to advance in their current careers while others wish to move into new ones. Consequently, ACC is faced with the decision to implement an online distance education program, and if Anywhere Community College is to remain competitive with other institutions, it must seriously consider this endeavor which will be a tremendous task for a college that has not embraced the use of technology for so long. This endeavor will require a total restructuring of ACC’s educational institution; however, it is one that the college must embrace with lightheartedness and diligence. Recognize and prepare for the fact that implementing an online distance education program will forever change the structure of ACC. Transformative Techniques The changing face of educational delivery is part of the reason ACC is faced with this endeavor, and in order to completely revamp this institution’s...
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...Health Care Marketing Reflection HCS/539 November 11th, 2011 Martha Owens Health Care Marketing Reflection Introduction A successful health care organization in today’s current economy relies on a number of aspects in order to stay in competition with other organizations both familiar and new. One of the larger important aspects of these organizations is marketing. This paper covers one particular organization Community Hospital of Monterey Peninsula, or CHOMP. At Community Hospital of Monterey Peninsula, their marketing and communications department works hard to ensure that the strategic planning, marketing, and communication of the hospital are held to a high standard of quality. The department sets goals to be collaborative and provide the best customer service. This paper will look at the current techniques and strategies used by this department, how it affects consumer trends, and the positive/negative affects these techniques have on those employed. Current Health Care Marketing Techniques and Trends According to the Mary Barker, Director of the Communication and Marketing Department at CHOMP, there used to be this feeling that marketing was nothing more than advertising which many in health care frowned upon. I understand why this used to be the feeling, for when deciding to get into a career in health care I thought primarily about helping patients. I do not believe I ever saw health care or hospital services as something that...
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...Chapter I THE PROBLEM Introduction Millions of people play online games around the world, in April 2013 it was estimated that 671 million people worldwide played online games. Almost a quarter of these individuals did so on a daily basis and that number as a percentage of total online gamers continue to grow (comScore, 2013). An online game is a video game played over some forms of computer network, using a personal computer or video game console typically on the Internet. This network is usually the Internet or any equivalent technology; but games have always used whatever technology was current: modems before the Internet, and hard wired terminals before modems. One advantage of online games is the ability to connect to multiplayer games in which thousands of people can participate in a shared world and can return to that world day after day to see it grows and changes in response to one’s own actions, although single-player online games are quite common as well. A second advantage of online games is that a great percentage of games do not require payment. Third, that is worth noting, is the availability of a wide variety of games for all types of game players. While it may be true that online games are perceived to have advantages to players, their effect on behavior is worth looking into. As defined by McLeod (2008), human behavior is experienced throughout an individual’s entire lifetime. It includes the way they act based on different factors such as genetics, social...
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...E-commerce in international business Introduction: Commencing from 20th century, enormous use of Internet was witnesses in all the fields with a major impact on international business. Although the Internet and web 2.0 serve as improving trend of economy and business, there is negligible research done to advocate their impacts on international business and marketing (Urban, 2003). The present literature review essay is an attempt to address the gap of existing literature whereby necessary recommendations can be made to improve use of technology in business. For the purpose of this essay, extant literatures in the fields of international business, technology, science, marketing and e-commerce have been studied and reviewed. Research objective: To serve the purpose of the literature review, investigation of Internet and e-commerce over international business processes is performed with the primary research objective as the consequence of Internet on international business. Research questions: In order to study research objective, a set of research questions have been devised upon which a review is presented in the following essay. The research questions devised are: • Influence of Internet in international business. • Consequences of Internet on international entrepreneurship. • Impact of web 2.0 on international business processes. • Influence of e-commerce in international business Literature study: Influence of...
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...Now, purchasing is an essential function, which is used as a strategy by companies (Monczka et al. 2010). There are many reasons leading to the changes, such as increase in competition between companies, rise in technology, and growth in customers request (Lysons and Farrington 2012). These changes make the relationship with suppliers more important and therefore transparency is needed. Nevertheless, new concepts are needed which involves technology to keep a track to organize a global supply chain (Monczka et al. 2011). Supply chains are mergers from all activities, processes, and functions, which involve all the suppliers to support organizations or companies to deliver the products and services that customers or consumers needed (Business Dictionary). As a function, purchasing took part in the process of supply chain and all the internal organizations that related with supply chain, such as engineering, manufacturing, marketing, finance, information technology, logistics, and legal. Firstly, engineering, purchasing can help the engineering to reduce the defect. For example, in one global electronic manufacturing company, the purchaser made a standard, which was right dimension and good quality for every pallet that the supplier would send. This had a good impact and the defects and damage of the shipping was declined. Second, purchasing helps manufacturing to choose the right supplier, and to provide an extra supplier to avoid delay process in manufacturing, which can lead...
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...Scenario List Select a scenario from the list. 1. As a partner in a new business, one of your roles is to review information technology tools available to assist you in a certain aspect of your business (e.g., marketing, accounting, sales, quality assurance). Select a technology that emerged within the last five years and consider its impact on your business. Make a decision on whether to adopt this technology. 2. As a member of the human resources department in a manufacturing organization with 120 employees, you have been asked to evaluate different compensation strategies that are available for adoption within your organization. Compare and contrast several compensation strategies and determine the appropriateness of each compensation strategy to your organization. 3. As a CPA of a newly formed, publicly held accounting firm, you have been asked to research the accounting and reporting standards of Financial Accounting Standards Board (FASB) and provide a report to your manager on the impact FASB may have on your company. In your report, you should discuss the history of FASB, the requirements imposed by FASB on public corporations, the impact FASB has on the investment community, and the satisfaction of the investment community with the imposed standards. 4. Your company wants to enter into a major new venture (e.g., develop a new product line, establish a new market, create a presence in a new geographical area). What are the various means of financing such a venture? Select...
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...Scenario List Select a scenario from the list. 1. As a partner in a new business, one of your roles is to review information technology tools available to assist you in a certain aspect of your business (e.g., marketing, accounting, sales, quality assurance). Select a technology that emerged within the last five years and consider its impact on your business. Make a decision on whether to adopt this technology. 2. As a member of the human resources department in a manufacturing organization with 120 employees, you have been asked to evaluate different compensation strategies that are available for adoption within your organization. Compare and contrast several compensation strategies and determine the appropriateness of each compensation strategy to your organization. 3. As a CPA of a newly formed, publicly held accounting firm, you have been asked to research the accounting and reporting standards of Financial Accounting Standards Board (FASB) and provide a report to your manager on the impact FASB may have on your company. In your report, you should discuss the history of FASB, the requirements imposed by FASB on public corporations, the impact FASB has on the investment community, and the satisfaction of the investment community with the imposed standards. 4. Your company wants to enter into a major new venture (e.g., develop a new product line, establish a new market, create a presence in a new geographical area). What are the various means of financing such a venture? Select...
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...it means. Social networking is the grouping of individuals into specific groups, like small rural communities or a neighbourhood subdivision, if you will. Although social networking is possible in person, especially in the workplace, universities, and high schools, it is most popular online. This is because unlike most high schools, colleges, or workplaces, the internet is filled with millions of individuals who are looking to meet other people, to gather and share first-hand informationand experiences about any number of topics . . . from golfing,gardening, developing friendships andprofessional alliances. A broad class of web sites and services that allow you to connect with friends, family, and colleague's online, as well as meet people with similar interests or hobbies. When it comes to online social networking, websites are commonly used. These websites are known as social sites. Social networking websites function like an online community of internet users. Depending on the website in question, many of these online community members share common interests in hobbies, religion, or politics. Once you are granted access to a social networking website you can begin to socialize. This socialization may include reading the profile pages of other members and possibly even contacting them. The friends that you can make are just one of the many benefits to social networking online. Another one of those benefits includes diversity because the internet gives individuals from all...
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...ISSN (Online): 1694-0814 www.IJCSI.org 407 The Impact of Social Media and Social Networks on Education and Students of Pakistan Waqas Tariq1, Madiha Mehboob2, M. Asfandyar Khan1 and FaseeUllah3 1 Department of Computer Science, City University of Science & Information Technology, Peshawar – Pakistan 2 Department of Management Sciences City University of Science & Information Technology, Peshawar – Pakistan 3 Department of Science & Technology Unit UMM AL QURA University, Makkah, Saudi Arabia Abstract The impact of social websites can be good on students but if we have a closer look on the real impact of social networks. Today it is ruining the future and carrier of students. The social networking websites like https://www.linkedin.com, http://www.facebook.com/, https://twitter.com/ and https://www.orkut.com/ etc. are continuously distracting students from their studies. The main focus of student should be education but unfortunately today’s student are emphasizing on such sites which can be a complete wastage of time. Social Networks was only an electronic connection between users but unfortunately it has become an addiction for students, teenagers and even adults. This paper presents impact of social networks on education, students and impact on life of teenagers, further it describes how social networking websites are auditory and dangerous for youth and teenagers. Keywords: Social Networking, Education, Students, Impact of Social...
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...Advance in technology have led to the birth of many new methods of electronic communication, such as social networking websites and videoconferences.( Zachary Fenell, n.d, how technology has improved communication) Using technology and internet had made the people different, now most of the global communication has changed into a diversity way which using several popular social media such as Instagram, Twitter, Facebook and YouTube. Through all these social website or apps, people live in different countries could be able to keep in touch to their friends as internet make no distance and also could make friends through in the internet. According to (Hemangi Harankhedkar,2011) The Internet has indeed made the world a small place and living life easier. And the rapid progress of technology has made it possible to access the Internet from anywhere through plenty of means. Therefore, from the mentioned in reference it shows internet is essential to people nowadays in terms of finding information, communication or even entertainment. Internet use dramatically increased worldwide between 1995 and 2000.Today, approximately 55 percent of the North American population is online (Howard Rainie,2002) There are several areas that using internet would benefit . Most people using internet for entertaining. Facilities like listening to online music, downloading music and movies provide a platform for entertainment. Many students use it for educational purposes, like for finding study material...
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...The impacts of E-commence on international business and marketing: A literature review Name student: Tao Yi Student number: 1192930 Course name: Master thesis international track Course code: 2012-191880750-1A Assessor: Assistant Prof. Dr. E. Constantinides and Dr. Huub J.M. Ruel Hand in date: 15-09-2012 E-commerce and Web 2.0: An intensive literature review on their impacts on international business and marketing Table of content Managerial summary ............................................................................................ 2 1. Background and research objectives .............................................................. 3 2. Research problem and research questions...................................................... 4 3. Research methodology ................................................................................... 6 4. Key findings .................................................................................................. 8 4.1. 4.1.1. 4.1.2. 4.1.3. 4.2. 4.2.1. 4.2.2. 4.3. 4.4. 4.4.1. 4.4.2. 4.4.3. 4.5. 4.5.1. 4.5.2. 4.5.3. 4.6. The impacts of Internet on International business and marketing .................................. 8 The impacts on international business ......................................................................... 8 The impacts on international entrepreneurship ............................................................ 9 The impacts on international companies‟ marketing ................................
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...competitive advantage 9 Small Businesses can take advantage of Social Media to achieve competitive Advantage 9 Utilize social media to build competitive advantage 10 Question 3 - What extensions could you bolt on to these existing networking sites to make them more attractive to business users? 10 “The ADAPT Model” 10 References 13 Abstract This article presents theoretical analysis on how social media influences the business environment. The use of social media is growing fast and has become the biggest and most popular avenue to connect with the world; share or exchange information and ideas in virtual communities. The social media websites creates a new era in grabbing new opportunities in business. Business activities such as promoting, marketing, customer relationship and sales can be done over the social media. With the rapid change of technology, it is vital to keep up with the current social media offering in order to engage with the customers. The use of social media continues to grow at outstanding rate, so it is necessary to develop and implement social media strategy to take advantage of the rapidly changing environment. Case Questions 1. Investigate the effects that social networking sites may have within the business environment. 2. Discuss the types and forms of businesses that...
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...sustainable is it? Business: * A fashion apparel company with online community of artists and an e-commerce website * Customer & Vendor involved Their Competitive Strategy – Customer intimacy strategy: * Collect data (crowdsouring), generate hypothesis, and do experimentation via market testing (and instant feedback) to learn more about popularity of designers (T-shirts) to small, price-sensitive niches market * Rapidly create customized products Sustainability: * Can be easily copied but take long time * Meanwhile, keep getting closer to their community, thereby sustaining their advantage 2) What motivates various members of the community to participate? They created customer involvement in the community by achieving following aspects: * Recognition & Prize * Winner will get $2,500 cash and gift codes * Democracy & Critiques * A channel to share opinion and get feedbacks * Passion * Evoking design’ desire to design & self-expression * Openness & Visibility * Freedom to share * No entry barrier: could be anyone who likes to design * The Sense of Ownership * The community’s opinions taken into consideration in decision making (in a short time) * Challenges & Fun * Website’ fast turnover keeps high novelty * Opportunity - To become an employee 3) What is the operational role of technology and its impact in supporting Theadless’s business model? (Consider the flow...
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