...According to the information that I have been provided I have created the following payoff matrix to show the best possible business strategy for your client Fuse Soda Company regarding the question of hiring a celebrity spokesperson. Frantic Soda Company hires celebrity spokesperson | Frantic Soda Company does not hire a celebrity spokesperson | Fuse Soda Company hires a celebrity spokesperson 0% gain in market shares for either Fuse or Frantic Soda companies10% increase in profit for both Fuse & Frantic Soda companies | 15% increase in market shares & profit for Fuse Soda Company20% decrease in market shares & profit for Frantic Soda Company | Fuse Soda Company does not hire a celebrity spokesperson 15% increase in market shares & profit for Frantic Soda Company20% decrease in market shares & profit for Fuse Soda Company 0% change in market shares or profit for either Fuse & Frantic Soda companies | According to Molly’s predictions Frantic Soda Co. will hire a celebrity spokesman regardless of whether Fuse Soda Co. hires one or not. Assuming that Frantic Soda Co. does hire someone and Fuse Soda Co. does not this will result in a 20% decrease in market shares and profit revenue for your client. It is in my highest opinion that your client Fuse Soda Co. proceeds in hiring a celebrity spokesperson and reap the benefits of higher profit. If Frantic Soda proceeds to hire someone your client will still have at least a 10% gain in profit, if Frantic Soda decides not...
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... Introduction Best Buy is one of America’s most recognized stores, but may be the last in a dying breed of brick and mortar electronic retailers. Technology is the product which Best Buy built its products on (smart phones, tablets, laptops, computers, navigation systems, automobile sound systems, large screen televisions, wireless connections), but may also be one of the reasons the company is restructuring. “Best Buy Co., Inc. today confirmed that it has, as part of its Renew Blue transformation efforts, eliminated approximately $150 million in costs, including an approximate 400 person reduction in employee headcount at its headquarters” (VonWalter, 2013). One measure of the restructuring effort is to research the Best Buy client base to determine what is working well, and what could be improved upon. Research Problem and Purpose The purpose of this paper is not to answer the best practices for a Best Buy restructure, but to facilitate an approach to understating a demographic of Best Buys’ customer base.. The portable communications industry (laptops, tablets, smart phones) infiltrated business communities and societies around the globe in the 1990s. The technological advances associated with these devices have affected almost every aspect of daily life; social media, news media, entertainment, war, photography, personal communication, and business communication. The purpose of this paper is to understand how Best Buy can gain a competitive...
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...questionnaire is made up of 16 questions and when finished, it compiles information gathered, and the best learning style is revealed. "The learning style is rather a description of a process, or of preferences" (Fleming, 2006). By answering the questions as truthfully as possible, best gives the most accurate learning style. The information obtained from the questionnaire allows the student to best use their learning style to benefit their studies, which could potentially improve grades. It is a known fact everyone learns differently, therefore it is not only important for the student to know their learning style but also for teachers to know this information which aides in students being more successful. There are four different types of learning styles within VARK system. B Upon taking the questionnaire, it was determined this writer was a visual learner. Visual learners best learn by seeing things such as pictures, posters, or slides. Visual learners tend to sit in the front of the class and pay close attention to lectures. If visual learners find information difficult to learn, they rely on charts or pictures to better explain the information. Most visual learners are able to remember pictures and study them to best remember information needed. Aural learners prefer to learn by hearing the material. These learners will listen to lectures rather than take notes. They are able to recall a great deal of information by listening. Read/write learners take excellent notes and...
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...Gender pay equity Best Practice Guide Workplace privacy 07 Small business & the Fair Work Act 08 Workplace privacy 09 Managing underperformance 10 Effective dispute resolution 11 Improving workplace productivity in bargaining 12 Parental leave Working at best practice Employers should implement best practice when it comes to maintaining privacy in the workplace. It is important for employers, employees and their representatives to know what information may be collected and retained by employers and whether it can be passed on to others. Best practice creates certainty and security for both employers and employees. There is also a checklist to assist with achieving best practice on workplace privacy. This guide illustrates best practice when it comes to workplace privacy. For more specific information regarding your minimum legal obligations and entitlements, contact the organisations listed under the ‘For more information’ section at the end of this guide. This Best Practice Guide explains: what is privacy what is workplace privacy general privacy principles obligations when information is provided to third parties, particularly when given under the Fair Work Act 2009 (FW Act) privacy in relation to email and the internet. Fair Work Ombudsman1 Best Practice Guide Workplace privacy What is privacy? What is workplace privacy? Privacy is the word we give to being able to keep certain information to ourselves and to...
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...global market, with a step by step process. I would start with electronic communication depending upon my team’s access with electronic communication. I would begin with a summary of the information. In this situation depending on the accessibility of my team an electronic communication would start the process. After giving my team time to review the information at hand through the electronic communication I would than require a face to face meeting, In order to assess their understanding of the information given. According to S. Robbins and T. Judge (2011) face to face meeting is the best way to get information to employees without dealing with the message being misinterpreted. The best channel to communicate back to the Vice President of Operation about my team’s strategy and product details is through a face to face meeting. Since I work in the beverage industry we are always challenged with developing new product strategies and executing those strategies in the field. I use face to face meetings to get information back to my boss about new product strategies. In this situation, I would use face to face meeting to get information back to my Vice President. If the Vice President was not in my location I would use a video conference, since video conferencing is the second best business communication according to S....
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...DIFFERENT KINDS OF METHOD Different Kinds of Method COMPUTERS AND INFORMATION PROCESSING CIS/319 Different Kinds of Method Best Method for Input: \ The best method for printed questionnaires is the optical data reader. It is easier to read, and it is more accurate reading. Just put the answer you choice to be in the bubble. When the reader is place in a machine, it reads what you put. If the answer is wrong, it will put a red mark. The best method for the telephone survey is the operator data entry. With this method, any survey will be more accurate. Because, the operate will be able to give a clear question to the caller, and the caller will be able to respond to the question with no confusion. As this is happening the operator will enter the caller answer to the system with no errors. The best method for the bank checks is the automatic teller machine. This system is more communing use around the world. It is fast and simple to use. Just swipe the card and it will automatic deduct from the checking account. Every card has a security code. Only the card holder will be able to do the transaction. The best method for the retail tags is the bar code scanner. Every items that has a tag on it, has to have bar code scanner. It is easier to tack on the system. On how many items goes out and how many are on stock. The best method for the long documents is the optical data reader. Any long documents can be converting to a small data...
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...Security Policies and Standards - Best Practices Course of Study This course supports the assessments for VLT2. The course covers 3 competencies and represents 3 competency units. Introduction Overview The skills and knowledge measured by performance assessment VLT2 are derived from a survey of information security professionals from around the world and are also based on the many different information security and assurance frameworks (ISO 27001/2, COBIT, ITL, etc.). The results of this survey were used in weighing the subject areas and ensuring that the weighting is representative of the relative importance of the content. The Security Policy and Standards subdomain focuses on creating organizational security activities and policies; assessing information security risk; and implementing and auditing information security management programs, information assurance certification programs, and security ethics. Watch the following video for an introduction to this course: Competencies This course provides guidance to help you demonstrate the following 3 competencies: Competency 427.3.2: Controls and Countermeasures The graduate evaluates security threats and identifies and applies security controls based on analyses and industry standards and best practices. Competency 427.3.3: Security Audits The graduate evaluates the practice of defining and implementing a security audit and conducts an information security audit using industry best practices. Competency 427.3.4: Certifications...
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...channel best used for Scenario 1 is a formal small-group wheel network. The reason why this is the best channel is because it allows the leader to act as conduit for the group’s communication and for the team to work in a discussion group environment where information is shared at a lateral level and received to help develop the best strategy, allowing oral and nonverbal communications to be utilized to convey information instantly (Robbins & Judge, 2011). The best communication channel to use to inform the Vice President of Operations is by upward communication thru a presentation. The reason this is the best choice is because the information would be able to be relayed instantly in both oral and written communications. By providing the startgety orally it will allow upper management to provide feedback instantly so that corrections could be made quickly. By providing a written document detailing the stargety it would allow for later referencing to ensure that proper procedures were followed to achieve the objective. In Scenario 2, the best communication channel to contact the IT department is by electronic communication either email or phone. The reason this is the best channel to choose is because it would be the quickest way to obtain the log in information and have it visible on hand to input in the software program requiring the new information. The quickest way to inform the staff of what’s happening and provide them with the new information would be...
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...BEST BUY CASE: Yiming Dong 1. What examples of environmental scanning do you see in the case? What role do you think environmental scanning has played in the company’s future? Although Best Buy is trying to become a perfect electronics retailer, it is not easy to deal with those challenges from external environment. For example, many other retailers, the economic climate has forced Best Buy to carefully consider its strategic options. In my own opinion, I believe that Best Buy will face more challenges in the future. Because as the improvement of technology and science, information is easier obtained by other competitors than before. So Best Buy must think about a good strategy to keep and hold the best information and technology. 2. Using the five competitive factors approach and the information in the case, do a brief industry-competitive analysis. Existing Competitors: We could find lots of products provided by Wal-Mart and Target that are same as goods from Best Buy. However, Best Buy is an electronics retailer, others are super market. Possible Competitors: There are also some possible competitors in the market. For example, we can buy some phones from Amazon and E-bey. Alternative Industry Providers: Although we could buy the same product in other places, there is no any electronics retailer like Best Buy. 3. What types of information do you think Dunn might want from each of the five general environmental sectors? I think that Dunn maybe want to get...
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...Learning Styles Learning style is the way an individual learns best. There are several different learning styles, and ways to determine your learning style. VARK is one tool used to determine your learning style or styles. VARK, developed by Neil Fleming in 1987("Learning," n.d.), suggested that there are four different categories of how individuals learn best. Fleming called these modalities. This questionnaire is to help individuals have an idea of their preferences for learning. Preferences may be different than strengths. This questionnaire is about how an individual learns best, not how they behave doing things of leisure. The acronym VARK stands for the four modalities that students learn best by, which is Visual, Aural, Read/write, and Kinesthetic sensory. The two learning styles VARK identified for this student is Aural and Read/write. They had equal numbers. Aural is learning best by hearing and speaking. This can include any form of listening and speaking including email, on the phone, texting, listening to lectures or speakers, discussion. These individuals like to hear the information first, and then talk it out, ask questions, have a discussion. The learning style Read/write is learning best by words, and any form of words. These learners love dictionaries, quotes reports, and power point to name a few. No only do they like lists, they make lists also. They like using manuals. This student found the VARK questionnaire to be extremely correct. The type of...
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...Computer Information Paper Computer information can be input in several different manners. Data may be input through a keyboard which is a device that allows the user to type the information directly into the computer. The keyboard is the most common and most utilized input device. An example of when the keyboard would be the best input device is printed questionnaires. Answering a questionnaire or conducting a telephone survey could be accomplished quickly and easily by simply typing the necessary information into the computer. Bank Checks are best entered by utilizing scanning technology similar to barcode scanners which are used on retail tags. A scanner reads the bar code and enters the information which the bar code represents. This method eliminates human error and insures the information is entered correctly. If it is necessary to input a long document, an optical scanner is the best choice. The optical scanner scans the entire document, page by page, and sends the document to a file folder for storage on a computer or storage device or to a printer if a printed copy is necessary. This method is fast so it only takes a few seconds to scan a long document into a computer file. Convenience and ease of use is important in for output devices. Hand held computers output information through visual output to video monitor or screen. Photographs are best input utilizing files such as JPEG and a scanner. Resumes and memorandums may best be output to a printer of email...
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...Project: Information Security Project 1 Name: Ashiqul Abir Class: NT2580 Date: 02/28/2013 Information security best practice project: The information security best project was housed within the Oxford University computer emergency response team. The project sought build on the knowledge, commentary and information gathered during the 2009 self-assessment exercise. One of the main objectives of the project was to develop an information security toolkit, which includes the policies, guidelines, documentation and education and awareness programmers. Information security: In a devolved environment, such as a collegiate university, it is imperative that policy should not go into retail about how those objectives should be met. It also defines the scope of the policy and identifies roles and responsibilities for security. Information security toolkit: The example polies can be tailored to suit the individual needs of your department, college or hall. The toolkit focuses on some areas like, IT management Operations Network Management Physical Security Building on the 2009 self-Assessment: The 2009 Self-Assessment exercise asked unit within the collegiate university to assess their current approach to IT operations, management and security against recommended best practice guidelines. The information gathered helped the advisory group to understand where further attention, resource, and best practice...
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...How to get a job in the Cybersecurity field James Ethan Linville Upper Valley Career Center – Computer Information Technology - 1 year certificate ITT Technical Institute – Networking Systems Administration How to get a job in the Cybersecurity field This paper will provide you with information on the attainment of a successful career path to the field of Cybersecurity and how to become an Information security analysts (Data security examiners, Data security experts, IT Security Investigators). It will tell you what an information security analysts does. This information will include education, certifications and licenses, related work experience, advancement, and important skill sets. It will also provide information on salary and salary versus other IT positions. What is an Information security analysts? Data security examiners plan and do efforts to establish safety to ensure an association's PC systems and frameworks. Their obligations are ceaselessly growing as the quantity of digital assaults increment. Data security experts should persistently adjust to stay a venture in front of cyber attackers. They must stay avant-garde on the most recent systems aggressors are utilizing to penetrate PC frameworks and on IT security. Examiners need to research new security innovation to choose what will most adequately ensure their association. This may include going to cybersecurity meetings to hear firsthand records of different experts who have encountered new sorts of assaults...
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...about information. How people best learn and communicate can be measured by using a simple questionnaire called VARK that assesses the Visual, Aural, Read/Write and Kinesthetic learning and communication styles of individuals. VARK in itself is not a learning style but a measurement tool that focuses on ways that people best receive information and the way people best deliver their communication. By understanding a preferred learning style an individual can use their own strengths to better process information, and coordinate their learning and communication. VARK: Measurement of Learning Styles By focusing on ways that people learn and the way they communicate what they’ve learned is the premise of the VARK inventory. It is a simple sixteen-question test that uses real world questions in dynamic setting. VARK uses four different sensory categories: visual, aural, read/write and kinesthetic. In some learners a combination of categories exists and is classified as multimodal. The Visual learner, characterized by “V” is an individual who processes information best if they can see it. They have strong visualization skills and like to utilize charts, graphs and pictures. Aural, “A” is defined as “relating to the ear or sense of hearing” (Merriam, 2012) which means the aural learner best processes information by hearing it. They best process by listening to lectures, tutorials, talking about the information and using a recording device to playback the information later...
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...iPhones. By pointing out some of the biases usually incurred in consumers’ decision-making process, this might help consumers to identify and be aware of the biases they make through this process. Especially, the biases occurred in the state of information search. Thereby, hopefully, this insight brief might encourage better decision making. The internet contains limitless access to information. This fact makes the consumers capable of finding websites comparing technological devices, such as smartphones, easily and effortless. Therefore, consumers should be able to make the best decision regarding their purchase of smartphones. In spite of this, consumers do not always make the best decisions. Often consumers choose to purchase iPhones mainly because of some biases occurred when processing and acquiring information. According to the traditional model of consumer decision making, consumers reach the state of information search after they have recognized a problem (Kardes et.al. 2011). In the state of information search consumers often choose a cluster of brands to consider, called a consideration set. The consideration set is often evoked from memory, i.e. internal search, instead of through external information search, because information derived from memory is often less demanding and less effortful (Kardes et.al. 2011). The brands included in the consideration set are often brands that easy come to mind (Kappes, lecture 7) – especially, when the consideration set is...
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