Wednesday, December 25, 2019

Censorship is in Contradiction to Children’s Rights Essay...

Censorship has become a long standing practice within our society. Who gets to decide what American citizens say, read or view? There are organizations that review and rate, guard or block information. Governmental entities create laws enforcing censorship and place judgment against those that break those laws. These restrictions often result in conflict against them and in favor of protecting our civil rights. The practice of censorship by authoritative, policy-making entities is in conflict to our constitutional rights, including the rights of our children. Establishments assume the responsibility to protect through censorship. Churches protect their members by prohibiting certain types of movies, music and even dancing. Schools†¦show more content†¦While this depiction is extremely exaggerated due to its satirical nature, the demonstration of the parents’ fanaticism and resulting neglect of child supervision and instruction should be seriously contemplated. (â€Å"Death†). If parents actively participate in their children’s entertainment choices, rather than prohibit, they will strengthen family bonds and provide emotional growth. It is truly our individual right in this country to choose what books we read and what they are about. Proof against censorship is demonstrated in the fact that an important work can be defended and reinstated and be acknowledged for its worth. â€Å"The First Amendment right to distribute literature also protects the right to receive it.† (â€Å"Students,† par. 5) Children need to learn about the freedom of choice. By insuring their freedom, instead of blocking these choices, children are more likely to gain an understanding of rights and independence. Further over-protection of our children is formally accepted and enforced in public schools in that prayer is no longer allowed in class. This act is done to eliminate discrimination against other religions that may attend. This also protects all religions from participating in practices that may be in conflict with their own. In the same vein, only the theory of evolution is taught in schools now as it is scientific. Once again,Show MoreRelated The Threat of Censorship Essay1952 Words   |  8 PagesThe Threat of Censorship The First Amendment of the Constitution distinguishes Americans from other citizens in the world. The right to free speech, press, and religion is at the core of the Americanvalue system. As a result, when thesefreedoms are challenged people tend to react strongly. However, at times government officials and theirconstituents would argue that censorship, or other violations of Constitutionalrights, are legitimate. With the advent of new technologies, politicians createnewRead MoreThe Negative Effects of Censorship3189 Words   |  13 Pagesdemocrats, and free-speech thinkers hold the claim that censorship violates our so-called unalienable rights, as it has been proven throughout many court cases. Censorship in the United States is detrimental because it has drastically and negatively altered many significant events. Censorship allows governments more control of society than they already have, slowly progressing governments utilizing censorship to a dictatorship. Often times, this censorship can lead to immense rebellions. A good exampleRead MoreFreedom : A Fable Of The Gallery s At The Walker Art Center988 Words   |  4 Pagespaper renditions of Ms. Walker’s famous silhouettes. At first glance, it appears to be a vintage children’s book, but in retrospect Freedom: A Fable is far from a fairy tale or happily ever after. The subject matter exhibited in this representational work of art is four people that are gathered around rigid rocks. The two figures on the left are black, young-adult women, and a younger black boy on the right is looking up at a tall older white male in the center. Even though the use of silhouettes hidesRead MoreThe First Amendment Essay1184 Words   |  5 PagesThe First Amendment The 1st Amendment forbids Congress from enacting laws that would regulate speech or press before publication or punish after publication. At various times many states passed laws in contradiction to the freedoms guaranteed in the 1st Amendment. However broadcast has always been considered a special exemption to free speech laws for two reasons. 1) the most important reasons is the scarcity of spectrum and the 2) is the persuasiveness of the medium. Because radio and TV comeRead MoreViolence on Television Does Not Impact Behavior Essay3474 Words   |  14 Pagesreflecting the contemporary society in which we live, television has come to represent all that is evil and wicked for our children. Through gruesome, explicit, and often unrealistic portrayals of death and violence, the impressionable clay of our childrens minds are being molded into vicious statues incapable of comprehending the gap between what is real and what is injurious. What you see is what you get has taken on an all too terrifying reality. Its not just an escapist ideal, denial, or unavailableRead MoreA Feminist Study of Louisa May Alcott’s Little Women5846 Words   |  24 Pages 17 Bibliography 19 Introduction If the first woman God ever made was strong enough to turn the world upside down all alone, together women ought to be able to turn it right side up again. - Sojourner Truth Feminism as a movement, is about women living on equal terms with men and not pushed down by law or by culture into a subservient role. Women have been suffering underRead MoreLogical Reasoning189930 Words   |  760 Pagesbuild upon this work. An earlier version of the book was published by Wadsworth Publishing Company, Belmont, California USA in 1993 with ISBN number 0-534-17688-7. When Wadsworth decided no longer to print the book, they returned their publishing rights to the original author, Bradley Dowden. The current version has been significantly revised. If you would like to suggest changes to the text, the author would appreciate your writing to him at dowden@csus.edu. iv Praise Comments on the earlierRead MorePropaganda by Edward L Bernays34079 Words   |  137 Pagesdemocratic scheme for this new propaganda and to suggest its gradually evolving code of ethics and practice. 18 CHAPTER II THE NEW PROPAGANDA IN the days when kings were kings, Louis XIV made his modest remark, LEtat cest moi. He was nearly right. But times have changed. The steam engine, the multiple press, and the public school, that trio of the industrial revolution, have taken the power away from kings and given it to the people. The people actually gained power which the king lost ForRead MoreLibrary Management204752 Words   |  820 PagesStates. 2. Information services— United States—Management. I. Moran, Barbara B. II. Title. Z678.S799 2007 025.1—dc22 2007007922 British Library Cataloguing in Publication Data is available. Copyright  © 2007 by Robert D. Stueart and Barbara B. Moran All rights reserved. No portion of this book may be reproduced, by any process or technique, without the express written consent of the publisher. Library of Congress Catalog Card Number: 2007007922 ISBN: 978–1–59158–408–7 978–1–59158–406–3 (pbk.) First publi shedRead MoreDeveloping Management Skills404131 Words   |  1617 Pagesand reproduced, with permission, in this textbook appear on appropriate page within text. Copyright  © 2011, 2007, 2005, 2002, 1998 Pearson Education, Inc., publishing as Prentice Hall, One Lake Street, Upper Saddle River, New Jersey 07458. All rights reserved. Manufactured in the United States of America. This publication is protected by Copyright, and permission should be obtained from the publisher prior to any prohibited reproduction, storage in a retrieval system, or transmission in any form

Monday, December 16, 2019

Comparing The Glass Menagerie and Death of a Salesman Essay

Both Death of a Salesman, and The Glass Menagerie have many things in common. They are both great plays, and both concern dysfunctional families. But there is a deeper similarity to these great literary works. The similarity between the parents. Due to Willy Loman and Amanda Wingfields lack of coping skills, as well as their inability to let go or accept their past, their children are ill-equipped to deal with the future. Willy and Amanda are parents who love their children very much. They cant accept the mistakes theyve made in the past. This inability to deal with the past leaves them living in it. Their children are seldom given the example of how to work for the future. Amanda and Willy dont set goals for their children,†¦show more content†¦When the boys are in they are in their 30s, Willy focuses on the past, too mentally ill to think of Happy or his feelings. Happy spends most of his life in the shadow of his brother. Nothing Happy did is ever good enough for Willy and Happy dont truly get to know each other. As shown in the text after Willys death when Happy is speaking of memories of his father. Willys desire to live in the past comes from his loathing of the way his life turned out. Willy always wanted to be special and unique, he wanted to be idolized. He wanted to be smart, great, intelligent, classy, idolized. When Willy never achieved this greatness, he longed to go back in time, so he could redo things. Of course, this is impossible. So Willy began to live in the past in his mind. Willy also tried to make Biff into everything Willy always wanted to be, yet never was. Tennessee Williams The Glass Menagerie, has the same parental problems. However, Williams novel shows a mother who has trouble leaving her past behind her, and accepting what he children are, and what they will never be. Amanda Wingfields two children, Laura and Tom have many issues, and are very complex characters. If there is a signature character type that marks Tennessee Williamss dramatic work, it is undeniably that of the faded Southern belle; Amanda is a clear representative of this type. Amanda fits into the category of a typical Williams southernShow MoreRelatedDeath Of A Salesman And The Glass Menagerie1452 Words   |  6 PagesTime and space is an intriguing concept. Arthur Millers (1949) Death of a Salesman and Tennessee Williams (1945) The Glass Menagerie both implement these concepts in different ways. Death of a Salesman is told through a man who is imagining his memories, while at the same time, living his everyday life. The Glass Menagerie similarly is being told through the narrator, Tom Wingfields memories, but not while he is living his present life. The characters in both stories similarly reminisce of theRead MoreDeath of a Salesman (Analysis and Personal Reaction)2850 Words   |  12 PagesDeath of Salesman is a a very deep play written by Arthur Miller about a salesman struggling to keep his grip on reality and his family. This play is a memory play, switching from present to past and vice versa whenever Willy, the salesman and father of the family, has a moment of insanity and returns to times gone by. Being memory, it allows for music to announce emotions and characters, and well as exaggerations and/or omissions. As Tom says in Tennessee Williams The Glass Menagerie: Being a

Sunday, December 8, 2019

Global Supply Chain Management Automobile Industry

Question: Describe about the Global Supply Chain Management for Automobile Industry. Answer: Introduction In the world of globalization it is impossible to avoid risks, but if looked from a different angle it offers an opportunity to company to adapt a complex yet different situation which is quite necessary in competitive world. Supply chain management implies things will not generally work out as expected and the firm is having the appropriate framework to make it even through unexpected (ACMA 2006). In automotive industry to manage inventory is a challenging task and many times it even create scandals which are hard to handle. For example, BMWs general manager Paul Miller was confident enough for balancing supply with demand and then came the prodigious recession and he was forced to invent a plan from scratch. All the experience could not save the company from huge loss. And it was then when they realized the need to tighten up the procedure of inventory management and control (ACMA 2006). It is necessary to build up a suitable plan for the entire activities of store and purchase department to have the enhanced control over the inventory. Inventory comes under one of the vital aspect of present resources and it grants smooth operation of sales and production department. Management of Inventory is concerned with investing finest amount in operations and effectively managing control system in order to reduce the cost of inventory. Subsequently, Inventory bears a holding cost so it is constantly desired that a fine amount is invested in stock which is possible at minimum. Stock must be available in legitimate amount when needed, neither it should be too much nor should be too less than desired. If the inventory is not adequate it could undesirably affect sales and production department which would disturb smooth run of business. While, abundance of stock involves increased cost and decreased profit (Humphrey 2009). Literature Review Dutta Smriti Mahavidyalaya and Niranjan Manadal conducted a study over inventory management and the importance of inventory and its impact on profitability and liquidity, also on non-insurable threats of ONGC, which is a prominent public sector industry. Along with co-relation between both profitability and liquidity as well as between risk and profitability, their study also observed and tested the profitability and liquidity position of the industry. As per the results given by Dutta and Manandal inventory management is essential to confirm enhanced productive capacity, sound liquidity and good profitability of an automobile industry. Bernard Abraham and William Koti studied and examined present rules and regulations of stock management at some Indian automobile industry Ashok Leyland Ltd. They conducted a study to find out the strengths and weaknesses of the company, also what are the possible threats that are likely to happen so that pre-hand measures could be maintained in case of any emergency. According to their analysis Ashok Leyland Ltd. needs to focus on incentivize cash sales, digital sales and also must monitor a projecting model which could capture preferences and tastes of consumers (Swaminathan 2006). Another researcher Jasmine Fernandez studied the problems concerned with management of assets, liabilities, and co-relation that exists amongst them. She studied the problems in a two-dimensional way to examine measures and procedures of investment management, rules and regulations of cash management, principles evaluation, payable and receivable management dealing with, by the analysis of trends of stock and capital control board, and also to provide an inventory plan that could facilitate right stock management. According to her study she found a deadlock amid profitability and liquidity. Also, the company was achieving an adjustment amid risk and return. Pradeep Singh, the aim of his research was to examine the effect of companys principal expenses on stock and inventory management. To study this he utilized Working Capital Requirement and Net Liquidity Balance by Shulman and Cox, to determine companys working capital and then provided various regression models. He concluded that the capital expenses do have a powerful impact on stock management. He also stated that companys operational cash flow, a control variable is correlated to stock management (Swaminathan 2006). Major issues in Automobile supply chains An apt definition for supply chains is web of organisations which are included through downstream and upstream connections, in the distinctive procedures and exercises which produce results as proving services and products in the hands of consumer and thus could be defined as an aggregate of struggles to integrate a network of companies and synchronization in financial, material and information flows. Strangely, the main two production network objectives have moved, from lessening working expenses and general stock levels, to worries of how to enhance client administration and rate of item conveyance to business sectors. The above figure represents a very basic supply chain of automotive industry which is comprised of networks of small supply chains and every supply chain has its own unique features. Trends in Automobile Supply Chain The current trend of the automobile industry that affects the supply chain can be seen in the table below. Bernard significantly articulated that a supply chain essentially be custom fitted in view of particular necessities of the item being produced. Especially for the multifarious car industry where, the maker needs to battle with a system with multiple supply chains. (Joshi, Nepal, Rathore and Sharma 2013). Trends in Demand Trends in Supplies Irregular Progress The demand for automotive is high in Eastern Asia, and Europe, whereas US and Japan who are well established in this industry are flat to deteriorating. And this irregular growth raises allegations on supply chains. Distinguished Outsourcing To profit by subcontracting, production System management traders should compromise flexible, specific activities on the grounds that not each producer will focus on the same center abilities as well as, capacities. Disintegration A blend of client interest for personalization, a perfect product for the perfect timing, and producers overcoming new client portions are making designers to enhance their product list. The ecological development is empowering disintegration significantly more, with the help of growing concerns for fuel proficient automobiles rather than high duel consumption. Low Cost Country Sourcing The reduced price isn't all that matters suppliers and makers have to concern about entire cost of outsource, which includes quality of work, logistics, and administration. This procedure has been referred as best for cost-nation-sourcing, also for store network administration suppliers speaks to another chance to support, empower, oversee, and streamline sourcing. Augmented Instability In present scenario, an advanced level of adaptability and receptiveness must be implicit in advance so that traders could reply instantly when in-general product quantity are sometimes not as required or at a point when product mix is different from estimations. Risk Management Many of the automobile manufacturers concur that the risk to supply chains management has expanded. Characteristic fiascos, assassination, workplace disputes, also, scale of reliance on accomplices and suppliers are only a few regions that need solid abilities in danger administration. Aftermarket Some of the important areas are getting neglected such as aftermarket business, despite the fact that it creates the biggest offer of OEM and merchant benefits Transparency and Accountability Suppliers must convey execution and results in a straightforward way. Supply Chain Challenges The various global level challenges in supply chain management include risk management, increasing customer demands and globalization, cost containment and visibility. There is one interesting fact in supply chains of automobile industry that it lags behind other pharmaceutical and retails supply chains in the five parameters stated above which clearly indicates that the considerable movements has a great need and scope to be more responsive and effective (Swaminathan 2006). Extensive demand forecasting cycle and incapable to see production, material and supplier constraints, results in delays of delivery of products. A global economic emergency is faced by this industry which led to higher pressure on its performance. High expenditures and fewer profits are persistent encounters in this industry. Just a few companies are able to achieve acceptable results such as BMW, Porsche, Honda and Toyota; prominent tier-1 providers for instance Denso and Bosch (Joshi, Nepal, and Sharma 2013). In this self-motivated professional atmosphere, a predominant inventory network is one basic component to help manufacturers of automobile separate themselves from the opposition. Indeed, a large number of patterns in the vehicle business are strengthening the necessity to enhance and reclassify store network systems, designs, and procedures. Strategies and Innovative Plans to Accommodate Challenges The concerns associated to present supply chain management complexities, challenges and practices are indications that automobile industry is in a very modest stage. Hence there is a need to distinguish significant contemporary patterns that the business is prone to confront later on and thus, progressively acclimate corresponding supply chains to keep up and improve their focused verge (Schwarz 2008). Strategies An innovative plan is required to overcome the issues and meet challenges and improve competitiveness. The plan has been summarised in four elements which are as follows: Supply chain procedures and product improvement Leagile procedures must be incorporated in supply chain management for automobile by progressively situating the de-coupled point furthermore rolling out improvements in essential automobile plan in light product policy and secluded organizing of sub-frameworks. Coordination of demand (assortment) of automobiles with gatherings/segments supply over expanded deceivability, improving administration levels, client connections and aptitude improvement are few of the contemporary goals (Schwarz 2008). Universal viewpoint Concentration on creating as well as sustaining abroad arcades particularly in auto component sector, LCVs and small car by embracing a universal viewpoint to supplier administration, fabricating, deals, and so forth. Government Involvement Administrative involvements, for example, a positive assessment administration, improving RD abilities particularly associated with cross breed auto innovations and power device improvement and structure are important to upgrade the segment's competitive power (Drucker 2013). Merchant networks Supplier systems need to be galvanised, particularly in SME segment to embrace worldwide advancements as well as observations. Outsourcing must not be relied only upon cost but also on engineering, innovation and capabilities of design. Manufacturers of automobile and chief traders must trust aligned business framework, build sustainability through enhanced collaboration, formulate selection criteria and rationalise supplier base. Connect Supply Chain to New Product Schemes to Manage Over-all Enterprise Cost To manage and reduce costs related to sales and marketing, operations and research and development supply chain must be connected to new product schemes by: Managing material and capacities over the entire world network. Automobile industry requires a worldwide perspective of interest in a typical configuration to decide on limit administration, source and productive allotment of automobile and alternative substance. Improve cost, network records and demand to supply procedure. In an automobile industry clients anticipate more goods in less cost, and controllers anticipate higher fuel economy, lower emissions and more safety. Maintainable raw-material and enhanced supply chain. When automotive includes more propelled advancements, the substantial element of automobile turns out to be much diverse. Volkswagen from a long time using justifiable raw material in its products and basis through traders who exhibit manageable business procedures, comprising regards for human rights and the earth (Veloso 2000). The management concerned with logistics determines for organization of conventional commercial cost centres for example warehousing, transportation, manufacturing and purchasing in order to perceive utilitarian cooperative energies inside the firm to better satisfy client prerequisites. If the supplier-buyer associations are made stronger it will improve execution all through the series. of the store network by the force accomplice may prompt dissention and under execution, accordingly harming the force holder. In like manner, a sensible utilization of force may serve to advantage the force holder (Veloso 2000). Future Trends and contemporary supply chain management practices The 'green insurgency' and 'portability transformation' (both individual versatility and open transportation) will be the significant drivers for the car business later on which in India will bring about advancement of rustic markets, feeder administrations between transportation modes also, interest for mass versatility vehicles requiring re-arrangement of present day store network objectives. Secluded item outline includes separating a "mind boggling framework into various littler, discrete, adaptable, bury variable, reusable and independent practical segments alternately modules which can be composed and grew independently and after that collected to frame the whole framework flawlessly" NSDC, (2010). Seclusion is progressively turning into a standard in the car business, encouraging dexterity, with a multi-layered supplier system, involving less immediate suppliers having a bigger part in configuration, improvement and worth creation. Lucas TVS is a case of an Indian organization which has concentrated on operational perfection with store network best practices of 'particular fabricating' through their New Product Introduction Teams (NPIT) for new ventures which are cross practical in nature. In a matter of seconds the business faces numerous hindrances in actualizing earth responsive supply chains running from absence of attention to switch logistics to monetary requirements. The issue of worldwide prerequisites of maintainability, for accomplishing aggressive separation, will affect the working of Indian car supply chains adding to its unpredictability uniquely identifying with expansion of practical green store network practices, for example, reusing and turn around logistics in Tier 1 and 2 suppliers (Drucker 2013). Reverse logistics is a noteworthy production network challenge uncommonly in nature in which the business works, Universal Journal of Managing Value and Supply Chains requiring a very much composed, powerful 'turn around store network' which becomes an integral factor in the event of vehicle reviews and in India, dissimilar to in created nations, is found in a negative connection ringing out "doubt and dread" in clients. An illustration is the late instance of review of Ford Eco Sport Utility vehicles not long after its dispatch in June 2013 (because of an issue in a shine plug module) which significantly harmed the brand esteem NSDC, (2010). A paradigm BTO-SC had been tried in automobile industry of Germany and the operation was successful. This project was designed for an application that might be able to meet changing customer demands. The triumph of the project is based on integration and close collaboration with suppliers along with IT infrastructure which must be combined with scheduling process and efficient production (Saad and Patel 2006). In the present time of economic slowdown and increased competitiveness automobile service policy is an evolving field. Extending an administration system, utilizing innovation as a organiser besides aptitude improvements that might guarantee that much clients will use OEM approved administration office as opposed to workshops in the disorderly part similar to the pattern in India. This calls for a totally new inventory network worldview to be planned and executed. Conclusion In a profoundly focused atmosphere, a compelling as well as productive global store set-up is an absolute necessity for automobile manufacturers and their traders. The commercial act is accessible to a set of elementary problems and arrangements, which although does not hastens the necessity to adjust operations and production network system but slowly it drives towards the need. Communication and constant datas requirement is growing daily in the supply chain management system. Also, streamlining the inventory system at a place where conditions are favourable for the material to be kept i.e. weather and other conditions do not affect the quality of the raw material and the products, keeps the cost of holding under control (Saad and Patel 2006). In respect to the green challenge, the emphasis on nature may reshape this inventory network situation significantly all the more fundamentally. Growing control concerns, vitality costs as well as demands from positive and constructive clients need a declination in carbon use while manufacturing products (Drucker 2013). References John, S. (2004) The Auto-Component Supply Chain In China And India - A Benchmarking Study; London School Of Economics And Political Science. Karthik, B. (2006) Indian Auto Supply Chain At The Cross-Roads; New York University, New York. Thomas, K. (2013) The Automotive Supply Chain in the New Normal: Analysis of the Industry Opportunities, Retrieved July 26, 2016 from : www.scmresources.ca/documents/. Drucker, P. (2013) The Concept of the Corporation, John Day, New York. [3]AT Kearney, The Contribution of the Automobile Industry to Technology and Value Creation, Available: www.atkearney.com NSDC, (2010) Human Resource and Skill Requirements in the Auto and Auto Components Sector A Report, Retrieved July 26, 2016 from: www.nsdcindia.org. Veloso, F. (2000) The automotive supply chain: Global Trends and Asian Perspectives, MIT. Retrieved July 25, 2016 from: www.in3.dem.ist.utl.pt. Humphrey, J. (2009) Globalisation and Supply Chain Networks: the Auto Industry in Brazil and India, Global Production and Local Jobs, International Institute for Labour Studies, Auto Report. Retrieved July 26, 2016 from: www.scotiabank.com. PwC, (2013) Next generation supply chains Efficient, fast and tailored, Global Supply Chain Survey. Retrieved July 26, 2016 from: Available:https://www.pwc.com/gx/en/consulting-services/supply-chain/global- supplychain-survey/assets/pwc-next-generation-supply-chains-pdf.pdf. Automotive (2006) Automotive Mission Plan A Mission for Development of Indian Automotive Industry, Ministry of Heavy Industries Public Enterprises, Government of India. Retrieved July 26, 2016 from https://dhi.nic.in. Auto SCM India (2006) Background note on Supply Chain management in Automotive Industry, Chennai. ACMA (2006), Presentation on Auto Component Industry in India: Growing Capabilities and Strengths. Retrieved July 25, 2016 from www.acma.in. Ray, S. (2012) Economic Performance of Indian Automobile Industry : An Econometric Appraisal, Business Intelligence Journal, Vol. 5, No.1. AT Kearney (2013) Building world class supply chain in India, Conference on Auto Supply Chain Management. Retrieved July 27, 2016 from: www.atkearney.com. KPMG (2006) Indian Automotive Supply Chain A Discussion paper. Retrieved July 27, 2016 from: www.in.kpmg.com. Swaminathan, J.M. (2006) Managing Supply Chain Operations in India Pitfalls and oportunities, Building Supply Chain Excellence in Emerging Economies, Springer Science + Business Media LLC. Joshi,D., Nepal, B.,Rathore,A.P.S. and Sharma,D. (2013) On supply chain competitiveness of Indian automotive component manufacturing industry, International Journal of Production Economics, Vol. 143, pp 151161. Schwarz, M. (2008) Trends in the Automotive Industry-Implications on Supply Chain Management, Cisco White paper Downloaded from Available: www.ictpartner.net/web/about/ ac79/.../ Auto_Trends_WP_FINAL.pdf . Meyr,H., (2004), Supply Chain Planning in the German automotive industry, OR Spectrum, Vol. 26 , pp 447-470 Sharma, V., Sahay, B.S. and Sardana, G.S. (2008) An Empirical Assessment of the Impact of SCM Practices on Quality Performance: A Case in the Indian Automobile Industry, Supply Chain Forum: An International Journal, Vol.. 9, No. 1. Saad, M. and Patel, B. (2006) An investigation of supply chain performance issues in an automobile company: a SAP-LAP analysis, Measuring Business Excellence, Vol. 16, No.1, pp 67-86. Sahoo, T., Banwet, D.K. and Mamaya,K. (2011) Strategic technology management in the auto component industry in India, Journal of Advances in Management Research, Vol. 8, No.1 pp 9-29. Soni, G. and Kodali,R. (2011) The strategic fit between Competitive strategy and supply chain strategy in manufacturing: an empirical approach, Measuring Business Excellence, Vol. 15, No.2, 2011, pp 70-89. Srivastava,S.K. (2006) Logistics and Supply Chain Management Practices in India, 6th Global Conference on Business and Economics. Booz Co. (2012) U.S. Automotive Industry Survey and Confidence Index A Return to Optimism, Retrieved July 26, 2016 from: www.booz.com. NASSCOM (2007) IT adaptation in the Indian Auto Component Industry. Retrieved July 26, 2016 from: www.nasscom.in. Austen-Smith, D., Diermeier, D. and Zemel, E. (2013) Unintended Acceleration : Toyotas Recall Crisis, Kellog School of Management Case study, KEL 5981

Sunday, December 1, 2019

Mis-760 Citibank Case Study free essay sample

What has Citibank done to differentiate its e-business products from those of its competitors? Citibank was able to differentiate its e-business products from those of its competitors by focusing on customer satisfaction instead of only the bottom-line. Customer satisfaction was focused on the support, technology and response time, making sure the clients felt confidence in the brand. The customer service along with the products are the reasons why Citibank is able to keep its recognition and loyalty throughout the world. Citibank used many technologies to get more clients satisfied such as ATM’s, telephone lines, and the paperless system of payments which is a secure business transaction for the customer. 3. What can Citibank do to create competitive advantages? In order for Citibank to create competitive advantage the following processes can be implemented: * Find a way to lower prices on products while still increasing the bottom line. * Mobile and Web is very important to many individuals so having the ability to initiate transitions via the previously mentioned methods will put them ahead of the competition. We will write a custom essay sample on Mis-760 Citibank Case Study or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page . How has Citibank successfully converted its traditional money management business into an e-business? During the process of transforming traditional assets to digital assets, what issues should a company like Citibank take into account to ensure successful implementation? Citibank successfully convert its traditional money management into an e-business system by giving convenience to the customers, (example the technology investments), flexibility, and staying ahead of the competition by investing in infrastructure that would only make the experience better for the customer. The transformation was done by becoming more centralized and focusing on the customers and investing in the right technology to improve efficiency and customer satisfaction. For example use of systems to manage the automatic processing of transactions which reduces the time is takes to process and human errors as well. Also the online and real time processing with the direct access to the information for customers and employees, efficient working, cost savings and comfort for customers. During the process of transforming traditional assets to digital assets, the issues Citibank should take into account to ensure a successful implementation are, consistency of data and the learning curve/impact for the customer. Citibank successfully responded to these changes with the different alliances with technological companies such as Oracle, SAP, Commerce One, building a new global infrastructure integrating products in new ways. 5. What actions has Citibank taken to serve the needs of two very different market segments, MNCs and SMEs? Citibank developed two different strategies for each market segments, some of the strategies for MNCs are secure platforms to access services, local and global which can offer fast and worldwide capabilities. Also provide fraud and identity theft protection, showing the advantages of online real time banking For the SMEs, Citibank offer rewards such as free internet access as the customers slowly progress into a fully online environment. The clients were not aware of the additional benefits of the internet, especially dealing with limited access so the free internet allowed for an easier transition. . How has Citibank’s Cash and Trade Group managed to develop different e-business products for varied industries? With the market changing so rapidly, how does Citibank identify market needs? Citibank has managed to develop different e-business products for diverse industries by utilizing the growing technology market and providing the convenience for their customers. The many prod ucts and services offered has been a success for each market segment because it meets the needs of each groups. Also the customer’s service lines, relationship managers and products specialists for the varied clients are required to identify the market needs and develop the new services according to the different industry segments. 7. One of Citibank’s challenges is in managing vendors and suppliers without allowing them to exploit its clients. How does Citibank protect its clients from its strategic partners? Citibank managing vendors and suppliers without allowing them to exploit its clients by not sharing their clients information with the vendors and suppliers. This is very important because they are protecting the privacy for the customers. Citibank was able to do so by using the suppliers technology without directly involving them, using the different suppliers applications, providing best customer service to their clients without charging extra service fee, and marketing or promotions from the suppliers. The goal is to give convenience to the customers using the Citibank applications providing customers full access to their accounts whenever or wherever without the hassle or headaches. 8. Prepare a SWOT analysis to evaluate Citibank’s e-business strategy. SWOT ANALYSIS STRENGTHS * Combined business units * Acquisitions * CitiDirect * Partnerships: Oracle, SAP, amp; Commerce One Inc. * Centralized operations with much attention focused on 1,400 large global corporations and institutional investors| WEAKNESSES * Different clients and different needs * Service differentiation. This relates back to the different clients and needs because the service has to cater to the client. * Vendor Citibank was working with and the issues when it came to supplier management| OPPORTUNITIES * Creating a brand which is known for excellence. Being a pioneer of Web and mobile support for their customers. * The global service market has a lot of room for growth. Citibank was one of the few doing business so it is possible to still take advantage and increase profits. They have the ability of first to market in this case. * As Citibank continue to increase their business globally, it would service them best to take an opportunity to work with local business (not within the same market) to offer benefits to their customers. | THREATS * Utilizing the web or mobile brings the concern of security. Threat of new entrance from competitors being able to offer lower prices, better incentives, and the technology to go with it. * Decrease in revenue due to economic times| 9. How does this case demonstrate the alignment of an e-business strategy with a company’s overall business strategy? This case demonstrates the alignment of an e-business strategy with a company’s overall business strategy by emphasizing Citibanks cha nges from traditional to a more e-business structure still being global, meeting the needs of the customers, and still improving bottom line doing so. Also the ability to offer a variety of products and services was in alignment with Citibanks business strategy because it had to meet the needs of various customers. The e-business strategy allowed them to do so successfully. 10. Beyond the case: Citbank has hit hard times in the last several years. Do you think the strategy described in this case helped in the decline or was this a bright spot? Explain your answer. I think the strategy implemented was a bright spot for Citibank. It helped to gain more clients at different levels on a global perspective. The internet revolutionize the banking industry and changed the customers and clients expectations as it pertains to integrating its products and services in new ways. The hardship Citibank faced in the last several years, I believe had nothing to do with this strategy but more so economic. There were many other factors in the market which contributed to the hard times. Once those factors are changed then Citibanks strategy will continue to benefit them in the long term.