Business Analytics

Business Analytics Nowadays business analytics has established itself as an efficient tool for improving a management performance. A smart approach towards a company’s data interpretation allows to find out the possible drawbacks, predict potential problems, monitor the collective achievements and, most importantly, to perform a more reasonable and grounded decision-making process.Advertising We will write a custom essay sample on Business Analytics specifically for you for only $16.05 $11/page Learn More It is evident today that one has to be capable of processing large amounts of information in order to be a successful competitor. Therefore, companies contribute significantly to the modern technologies and professional personnel that constitute a favorable analytical environment (Pearlson Saunders 2013). The motives for developing analytical competence can be various. Some firms perform a thorough data analysis in order to work out a unique strategy; others try to re new the already existing concept. Despite the fact that the necessity of applying analytical analysis seems to be unquestioned, statistics has shown that one starts developing this competence when the company experiences some difficulties. As a rule, managers employ the analysis of big data in order to determine the cause of the current challenge. One should point out that this kind of approach cannot be called farsighted. The companies with a more rational managing policy contribute to business analytics not to solve the problem but to avoid it (Charles Gherman 2013). Reasonable management suggests using the data analysis in the interest of making the right decision and predicting its outcomes. The intensive business competition can, likewise, prompt one to engage analytical tools in furtherance of improving the company’s analytical performance. Thus, a thorough analysis of the collected data lets one monitor the clients’ satisfaction rate, as well as follow the riva ling companies’ activity. Whereas the analysis of big data is an undoubtedly efficient tool, it is also a relatively new concept. Therefore, companies are likely to face a series of challenges before they learn to perform a successful processing of the collected information. The primary problem one is apt to experience is the shortage of high-qualified specialists. As far as universities do not yet have relevant faculties, identifying a skilled data scientist seems to be rather problematic. Hence, it is up to the managers to work out a proper approach for attracting consistent professionals and evaluating their competence.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Moreover, while the problem of processing high volumes of data is easily solved with the help of modern technologies, its quality analysis seems to be a more challenging task. The company’s principal concern is, thence, to determine the precise aims of the performed analysis. It is an accurate targeting that results in formulating valuable conclusions instead of receiving mere statistics (Charles Gherman 2013). In my organization, the employment of big data analysis would have a significant impact on the company’s progress. First of all, as long as modern technologies allow storing the unlimited volumes of information, a high-quality data analysis would spare the company’s time and effort in carrying out the same procedures. The wise analytical policy would also prevent the firm from taking the wrong measures once they have proved their inefficiency. Finally, sufficient contribution to the development of the analytical competence would turn the organization into a successful competitor perfectly aware of its targeted market and the rival’s performance. In conclusion, one should point out the importance of integrating business analytics into the corporate po licy. It should be realized that the analysis of big data has its specificity and peculiarities that are to be considered. Finally, it is crucial that the managers do not overuse technologies while examining the input. However smart the mechanism is, the accredited analysis still requires human’s strategic vision and criticism (Pearlson Saunders 2013). Reference list Charles, V Gherman, T 2013, ‘Achieving Competitive Advantage Through Big Data.Strategic Implications , Middle-East Journal of Scientific Research, vol. 16, no. 8, pp. 1069-1074. Pearlson, KE Saunders, CS 2013, Strategic Management of Information Systems, John Wiley Sons Incorporated, New Jersey.Advertising We will write a custom essay sample on Business Analytics specifically for you for only $16.05 $11/page Learn More

You made it to the waitlist, but who said that you need to wait

You made it to the waitlist, but who said that you need to wait If youve been placed on a schools waitlist, congratulations! You werent rejected, and many are accepted each year from waitlists. As an MBA Admissions Consultant, I advise my clients not to sit back and wait, at least not in most cases. Working to get accepted from a waitlist is simply another step in the MBA admissions process. Here are some points to consider: 1. Carefully read the email you received from the school. Some schools tell you not to do anything more than just wait. If they say that, then you take a risk if you try communicating with them- so you probably should just sit tight. 2. Luckily, most schools will not ask you to do nothing. In that case, you need to launch a subtle but active campaign to get accepted from the waitlist. Be careful, since schools change their rules every year. For example, Harvard Business School used to instruct waitlisted applicants not to do anything. This year, it changed its instructions to leave it up to you as to whether or not to add materials to your application. So Id recommend taking advantage of that opportunity. First of all, assess where your application may have been weak. If youre brave, call someone you know in the schools admissions department or the person who interviewed you, and see what you can learn about areas where you need to strengthen your application. Then submit information to address that area. For example, you might: a. Submit an additional recommendation. If you worked with an admissions consultant, the chances are good that s/he helped you to decide which recommenders to use right away and which one or two to save for use should you get placed on a waitlist. Often, theres someone at your employer, perhaps a higher level executive, who wasnt your day-to-day supervisor but is a true leader and knows one when he sees one. Or you can consider getting a well-known alumnus or business leader to recommend you. b. Submit a series of letters. Start with one that thanks the admissions office for putting you on the waitlist, and makes it clear that you are still eager to go the school and wish to remain on the waitlist. Reinforce something strong about you. Then in a couple of weeks, send a follow-up letter that emphasizes things youve done since you first applied and that make you a stronger candidate. If your GPA was a bit weak, talk about courses youve taken recently where you got great grades. If your GMAT was a problem, submit a new, higher score. Tell the committee about new leadership responsibilities youve had at work, new accomplishments, volunteer charity leadership, etc. One of your goals should be to keep yourself at the forefront of the admission committee’s minds, so when an opening occurs, they consider you before others. c.. Possibly visit the school again. One of my very first clients lived in California and was waitlisted at MIT Sloan. He had already been accepted by Wharton but wanted to get accepted by MIT Sloan. He flew out twice to the school and managed to meet both times with the Admissions Director. She was impressed and he eventually was accepted. Be careful to not become an annoyance. Always use discretion regarding the frequency with which you follow up with schools. But unless the school has said not to do so, you can take control of the post-waitlist process. In many cases, your follow-up will make the difference between getting off the waitlist and settling for your second choice school. Need guidance in your MBA/EMBA Application process? Maximize your applications with help from The Essay Experts MBA Admissions Consulting Services. Or feel free to email me directly at larryessayexpert@gmail.com. Larry Sochrin

MKT305 Coursework Example | Topics and Well Written Essays - 750 words

MKT305 - Coursework Example is improving the customer shopping experience since web-to-store transactions have eliminated the problems encountered in home delivery (Weinstein and Cahill 2014). Web-to-store has enabled the retailers to use their existing networks and group parcels thus increasing their sales volumes. According to marketing theory, target marketing requires market and customer segmentation and effective customer segments should be identifiable, accessible, measurable and reachable through the marketing and distribution channels (Egan 2007). The market should be sufficient and should have unique needs and thus ‘click and collect’ service of Marks and Spencer targets the online shoppers who have embraced e-commerce. The distinct customer characteristics include the life stage, the social-economic status, purchasing intensity and online involvement of the customers. Marks and Spencer targets young adults and techno-savvy consumers who have busy schedules that demand. The target customer segment includes the working professionals, students and middle-income customers who prefer shopping at the comfort of their homes. This customer segment often outsources the delivery to a third-party and do not have the control or opportunity to track the delivery of the orders to their homes (Hart 2003). The online shoppers believe that shopping is fun and explore a lot of information online before making a purchase decision. The customers have an appealing income and are techno-savvy since most of them get information from their internet enabled devices. The customers are enthusiastic and impulsive and tend to spend most of their income on entertainment, fashion, books and new personal devices due to their exciting lifestyles (Hart 2003). The customers are reflective and motivated by knowledge and thus compare different products before making the purchase decision. Another unique purchasing behaviour is the demand for stylish, functional and value for money and thus the customers prefer

Blakes Tyger and Bliges No More Drama Essay Example | Topics and Well Written Essays - 1500 words

Blakes Tyger and Bliges No More Drama - Essay Example His work has the art of symbolism embedded in it - a fact that can be seen as he describes one of the Creator's tools as the anvil, thus using the Creator to signify the essence and work of a blacksmith. In this poem, Blake depicts at once, the beauty as well as the fear attached with the natural and the unknown - the tiger. Seen from his eyes, this species is a being of such beauty in all it fine golden colors and ferocity depicted through its claws and teeth as well as the rhythm in its roar, that the onlooker gets intimidated more than anything else. Blake pitches the tiger's case when he speaks of the tiger's aspirations in attaining the strength and beauty as far as covering certain goals and going a certain distance in its lifetime are concerned. If we are to concentrate on the analysis of the language used by Blake, otherwise known as stylistics, we will find a striking use of poetic iconicity that highlights the effect of the tiger on an unassuming onlooker, in its natural habitat. When speaking of burning eyes, Blake not only depicts the fire that rages within this animal, but also shows the ionic significance its eyes bear to the blacksmith's fire - the Creator's fire in which the anvil that created the tiger was seasoned. Also, Blake follows a safe pattern throughout his work - one that comes across through the rhyming words in every sentence and every alternate sentence as the poem progresses. Also, considering the fact that poetry is meant to be crisp in its presentation, Blake has managed to keep alive this trait by employing short and snappy sentences to direct an underscore of energy into the jungle that envelopes this being. In this regard, the lyrics of the song we are comparing with the Tyger, are of a more modern and bold nature. Mary J Blige with her unconventional ways and meaningful videos, is similar to Blake in her style of showing intensity as well as tender feeling towards fellow beings around her, simultaneously. In her song, No More Drama, Blige demonstrates the same crisp style of writing but with less use of rhyming words. The phonetic echo in her song is restricted to the message she is trying to put across through her song. While Blake's Tyger was an epitomy of a certain being, Blige's No more drama is a song about feelings and emotions. Thus, Blake's work is a self contained piece of art that signifies the essence of the fire in the tiger's eyes while Blige's song is one that places more emphasis on the drama portrayed in one's everyday life - a drama supposedly lost to the exit of that special someone. In sound and context, both pieces of work bear similarity in intensity but again, the nuances of the lives obviously led by the two artists are poles apart. Blige, in her ultra modern world, does not see any need for medieval poetic influence in her lyrics, while Blake's agenda seems to one that revolves around making each word meaningful. In short, every stanza of the poem is a theme in itself while the words in Blige's song contribute to a wholesome theme. In this context, it may be seen, that taken separately, the words in Bliges song would mean nothing to the listener in terms of rhythm or focus on language. To divert our attention wholly to Blige's song, we will find that this is one of personal pain, unlike Blake's poem which celebrates the beauty of the tiger and the fear evoked by this being simultaneously. Blige, in her song is more into mundane things and makes

Common Law Essay Example for Free

Common Law Essay a)Â  In a letter dated 14/02/2011, the manager (Dave) of Excellent Foods (EF) outlined conditions in writing to the manager (Ben) of Safe Foods (SF) in relation to the purchase of EF. These conditions were that SF must pay the valued amount of EF, which totaled $120,000, $30,000 more than the original amount that SF had been prepared to pay and stipulated during earlier negotiations. At the time of the earlier negotiations, SF also had set a purchase requirement, which was that EF’s sales must increase by 20% over the next two months and if this requirement was met, SF would be prepared to pay the ,000. After earlier negotiations, EF had their business valued at $120,000 and notified SF of the valuation and that they now required this amount, not the $90,000 that SF had offered. SF did not reply to EF. Whilst EF met the sales increase target and forwarded the record of sales to SF along with the transfer of business contract as well as a new condition of the contract being that EF require 10% of the 120,000 within 14 days, SF responded in writing stating they no longer were interested in purchasing EF. It would appear that EF are no longer interested in purchasing SF due to the $30,000 price increase and the term that they would now need to pay 10% within 14 days. An important aspect in forming a legally binding contract is giving and receiving the acceptance of an offer. The requirement of acceptance with every binding legal contact is tied closely to the concept of unqualified mutual assent. Only when both parties have given their mutual consent does the law consider a binding legal contact to have been formed. Hence, if the offeree remains silent, their silence cannot constitute an acceptance.[1] Another important aspect when creating a legally binding contract is that the acceptance of the offer must exactly mirror the terms and conditions of the offeree and vice versa. If there is even a slight difference, this will most likely not constitute a valid acceptance. If an offer is made that does not mirror the terms of the original offer, than this is considered a counter-offer, which now negates the original offer. An example of this is demonstrated in the case of Hyde v Wrench (1840) where Wrench offers to sell his land to Hyde for the price of 1200 pounds of which Hyde declined to accept. Wrench responded with a counter-offer of 1000 pounds and Hyde responded with another counter-offer of 950 pounds. When Wrench declined the counter offer, Hyde decided he would accept the earlier offer of 1000 pounds, however Wrench decided he would no longer sell his land to Hyde for this amount. As Hyde had made another counter-offer after the earlier offer, the offer of 1000 pounds was now destroyed. Hyde sued Wrench for breach of contract claiming that the earlier offer was not withdrawn however the court found that Wrench did not need to withdraw the offer of 1000 pounds as it was destroyed when the counter-offer of 950 pounds was made.[2] In this case, SF made an offer to EF, being $90,000 if sales increase by 20% in two months. EF later responded with a counter-offer of $120,000, which then destroyed the earlier offer of $90,000. SF did not respond to this counter offer, therefore not accepting the new offer. EF also added terms to the offer that were not previously discussed with SF, which also did not mirror the terms of the earlier offer of which the court considers being a strict requirement for full and unequivocal assent.[3] Excellent Foods cannot commence an action for breach of contract against Safe Foods as the counter-offer negates the original offer of which Safe Foods did not respond to and therefore is not considered as an acceptance of the terms. b)Â  Promissory estoppel is an equitable action, which is designed to enforce promises made from one party to another where the promises are not supported by consideration. The doctrine of promissory estoppel can only be applied if a clear promise was made from the promisor to the promisee, if the promisse has suffered a significant loss from the promiser now going back on its promise, if the promiser acted unconscionably, and if the promisse undertook certain acts (or refrained from undertaking certain acts) due to the promiser’s initial promise. A leading case which illustrates the purpose of promisary estoppal is Waltons Stores v Maher where Waltons negotiated with Maher over the grant of a lease of property that Maher owned. Maher agreed to demolish a building in order to make way for a new custom designed building to be occupied by Waltons. Changes and agreements were made by both parties over the following months. Waltons later decided that they no longer required the building after Maher had already informed then that they were proceeding with the demolition and despite being aware of this, advised their solicitors to ‘go slow’ in informing Maher of their reservations. Due to Maher having initially received a clear promise, suffered considerable loss and completed many acts under the belief that Waltons would go ahead with the promise as well as Waltons acting unconscionably against Maher in ‘going slow’ in informing Maher of their true intentions, Maher was able to rely on promisary estoppel and therefore won on first instance and later at the appeal.[4] In this case, Excellent Foods did not suffer any considerable loss from Safe Foods not following through with the business transfer. Whilst there was an initial promise made by SF to EF, EF later requested 10% of the transfer price of $120,000 within 14 days– a term that had not previously been negotiated. It may be because of this term that SF does not wish to continue with the transfer in which case they have not acted unconscionably. EF informed SF in writing that they did not wish to continue with the transfer.

Negative Impacts of Capitalism on Marginalised Social Groups Essay

Capitalism is the predominant political economic system in the developed world where citizens and companies are able to elect which goods and services to engender and how they will procure and disburse their earnings. It is highly based on private property and private profit however; the government controls some portions of the economy within nations. Although capitalism is beneficial for citizens in various ways, it also creates negative impacts on marginalised social groups due to uneven distribution of wealth. These communities have critiqued on capitalism as they debate that the economy system limits democracy, disobeys democratic principles of social justice and enables forms of human suffering and shortage in individual emancipation. These issues are further discussed in Greene’s (2003) studies as he examines how mega-events, slum clearance and global capital negatively impacts the lives of socially marginalised populations. Capitalism is an economic system driven by the endless pursuit of profits. In Seoul and Santo Domingo, however, capitalists believe that these benefits ...

Reviewing Films Depicting Supremacy of Artificial Intelligence Essay

There is without a shadow of a doubt that we are now living in a time when there is almost nothing we cannot accomplish. The outbreak of high technology all around the world is soaring, and day by day, improvements on what is already highly intelligent devices are being developed. From computers, to cellular phones, to MP3 players, everything has been made accesible to man. Because of this technology, man can bask in his creations and marvel at the genius that he has invented through the years. Half a decade ago, today’s technology wouldn’t have even been deemed as possible. Yesteryear’s most advanced technological developers probably wouldn’t have even dreamed of the possibilities of what we now have today. But such is the development of the human mind: our intelligence is further developing and increasing, being able to establish new concepts and ideas to be used for our own benefits. Indeed, with this highly advanced technology, we are further establishing ourselves as the dominant species of the planet. For us, we are in charge of our own destinies, and no species of another kind can tell us otherwise. But one is lead to ponder about the marvels of our own creations. What if the articifial intelligence we created were able to evolve themselves? What if these computers suddenly became self-aware, and starts acknowledging its own existence? It is true that we are the one who controls the technology, but what if the technology were able to control itself? If it became self-aware, what if, all of a sudden, it starts to refuse to follow its human creators? And if not the computers themselves, what if one person controlling these technologies started using them for their own ulterior motives? With our main defenses relying on technological advances, what if these advances were suddenly used against us? Would the humans still be able to lay its claim as the rulers of the earth when a something else establishes themselves as more intelligent and dominant? Such is the fear that some of us have: the fear of having our own technology turned against us. We fear the idea that perhaps someday, these computers that we have in our homes would become intelligent enough to start recognizing its own existence. In the early nineties, technophobia became rampant among the adults, although this fear was largely based on the misconceptions on computers being too overly complicated. Still, for some people, the advancements in technology is reason for them to be cautious about our own inventions. Creating Technopobia in Movies Since early in the 1980s, there have been a string of movies depicting highly advanced technology being used woefully and without any regard towards others. These movies often show state-of-the-art gadgets or creations, which are used against the protagonists to further cause ruin and devastation. Oftentimes these gadgets are used for the wrong reasons, and with its infinite possibilities, it creates the fear that maybe what we have created may not be totally beneficial to us, and could possibly create more harm than help in the long run. Perhaps the most popular among the movies that came out during the eighties that depicted this theme was the 1984 movie Terminator, starring Arnold Schwarzenegger as a human cyborg sent back in time. In the future, Skynet, a computer system fights a losing war against the humans who built it, and who it nearly exterminated. Just before being destroyed, Skynet sends a Terminator back in time to kill Sarah, the mother to be of John Connor, the Leader of the human resistance. The terminator can pass for human, is nearly indestructible, and has only one mission: killing Sarah Connor. One soldier is sent back to protect her from the killing machine. He must find Sarah before the Terminator can carry out it’s mission (MGM. com). This movie portrays Skynet as a super computer, one that is capable to making decisions for itself. The super computer becomes self-aware, and recognizes the human race as a threat to its existence. It therefore wages a war against all of mankind, which almost led to the anniliation of the entire planet. In 1998, the movie ‘Enemy of the State’ provided a different insight on abusing highly advanced technology. Robert Dean, the main character of the story, is just a successful and gutsy labor lawyer when he runs into an old college friend who was a big hurry. Unknown to him, that friend secretly drops a disc and viewer containing footage of a political assassination overseen by the senior advisor to the National Security Agency. Unfortunately, that politician soon learns what Dean has in his possession and secretly uses the vast resources of the NSA to find, investigate and stop him before he goes public. Soon, Dean finds himself on the run, with his assests frozen, his loved ones watched and actively hunted by NSA agents using all the survellience technology they have available. Not knowing what is going, Dean must stay one step ahead while trying to figure out the cause of this mess (Yahoo! Movies). This movie dwells on the idea of government surveillance and the invasion of our personal privacy by the government. We see from the movie that these technological advances could be easily used against us, and just as it could make our lives easier, it could also make it extremely difficult. We also find that if technology were to be used the wrong way, then those in power could have a commanding control over our very lives. Another movie that depicted computers going against humans was the highly acclaimed ‘The Matrix’. Thomas A. Anderson is a man living two lives: by day he is an average computer programmer and by night a malevolent hacker known as Neo. Neo has always questioned his reality but the truth is far beyond his imagination. Neo finds himself targeted by the police when he is contacted by Morpheus, a legendary computer hacker branded a terrorist by the government. Morpheus awakens Neo to the real world, a ravaged wasteland where most of humanity have been captured by a race of machines which live off of their body heat and imprison their minds within an artificial reality known as the Matrix. As a rebel against the machines, Neo must return to the Matrix and confront the agents, super powerful computer programs devoted to snuffing out Neo and the entire human rebellion (Whatisthematrix. com). The movie is almost identical to the concept of the Terminator, in which there is a computer mind that becomes self-aware of its own existence. Knowing that it has the power of technology, it sees the human race as disposable, and decides to take over and control the entire world. When Neo met Morpheus, he was awakened to the fact that they were being used by the computer systems as mere batteries to continue sustaining their own power. And it was up to them to reawaken the rest of the world from this nightmare that is the Matrix. The Fear of Control What these three films had in common was theme of technology taking over the human lives. The films shared similar highly advanced technology that in one way was very helpful, but at the other end caused problems that were catastrophic. This is what we are afraid of; that maybe perhaps at some point, our own creations would backfire on us and cause a lot of harm towards society, and it would perhaps be unstoppable when it happens. Perhaps what motivates the persistence of these kinds of themes is the fact that we all know that this fantasy that they try to present could and might become possible in the future. Fifty or so years ago, our technology today wasn’t even thought of as possible. A lot of things are being developed today that our predescessors couldn’t have possibly dreamed of back in the day. Nowadays, the sky is the limit. The human race is making every dream come to life, developing newer and better technology every single day. So deep inside, we know that this threat of computers taking over is not a long shot. We see that perhaps someday, artificial intelligence would become this advanced as to be self-aware. And if this happens, what’s gonna stop them from taking over the world and eliminating the human race? In terms of humans going against fellow humans using technology, we ourselves could be comparable to this technology. Donna Haraway mentions how we are like the cyborgs, which are both part machine and part organism. She further states: In short, we are cyborgs. The cyborg is our ontology; it gives us our politics. The cyborg is a condensed image of both imagination and material reality, the two joined centres structuring any possibility of historical transformation. In the traditions of â€Å"Western† science and politics—the tradition of racist, male- dominant capitalism; the tradition of progress; the tradition of the appropriation of nature as resource for the productions of culture; the tradition of reproduction of the self from the reflections of the other—the relation between organism and machine has been a border war (Harraway, 516). With the peer-to-perr capabilities of networked computer communication today, it is likely to have a major impact on both the film and music business. Depending on how this technology is used, it could have either a postive or negative effect on these industries. Everything could be made easier with technology, films and music could be produced with relative ease, and everything to be made more accesible. On the other hand, changing the sytems could mean doing things a lot different, which could cause a chain reaction among those who are involved. Business could be done more efficiently, but it could leave people out of jobs. Human work might be replaced by much more efficient computers doing their jobs, and that could have an effect on the economy of the country. Looking back, technology has certainly come along way since back in the old days, when all of this conveniences didn’t exist. It is easy to picture people being intimidated by these advancements, due to its infinite potential. Depending on how it is used, it could be very good for all of us, or it could be catastrophic to all. Only time will tell whether these technological improvements would come back to haunt us in the long run. Works Cited Enemy of the State. Yahoo! Movies. Retrieved 3 June 2008 from http://movies. yahoo. com/shop? d=hv&cf=info&id=1800021531 Haraway, Donna. â€Å"A Cyborg Manifesto. † The New Media Reader (1985). pp. 515-541. The Matrix Trilogy. Whatisthematrix. com. Retrieved 3 June 2008 from http://whatisthematrix. warnerbros. com/ The Terminator. MGM. com. Retrieved 3 June 2008 from http://www. mgm. com/title_title. php? title_star=TERMINAT