Friday, April 17, 2020
Cadbury Essay Example
Cadbury Essay Cadbury Dairy Milkà encapsulates an enormous breath of emotions, from shared values such as family togetherness, to the personal values of individual enjoyment. It stands for goodness. A moment of pure magic! Cadbury Dairy Milkà (CDM) entered the Indian market in 1948, and since then for consumers across India, the word Cadbury has become synonymous with chocolate. CDMà remains at the top of the Indian chocolate market not only because of its most delicious, best tasting chocolate but also because of its memorable communication. Cadbury India is a food product company with interests in Chocolate Confectionery, Milk Food Drinks, Snacks, and Candy. Cadbury is the market leader in Chocolate Confectionery business with a market share of over 70%. Some of the key brands of Cadbury are Cadbury Dairy Milk, 5 Star, Perk, Eclairs, Celebrations, Temptations, and Gems. In Milk Food drinks segment, Cadburys main product Bournvita is the leading Malted Food Drink in the country. * Sell thr ee kinds of confectionery: chocolate, gum and candy * Operates in over 60 countries. * 35,000 direct and indirect suppliers. * 187 years old. * 45,000 people are employed CURRENT MARKET SITUATION The chocolate market in precedent years has been witnessing tremendous growth in terms of value as well as volume. The governance of the market is maintained by large international giants through franchisee and expansion into new markets which is leading to the growth of the chocolates market in India. The Indian chocolate industry has registered a growth of 15% per annum from 2008 to 2012 and is projected to grow at an even higher rate in the future. The industry has a positive outlook due to rising per capita income and the gifting culture in the country. According to this report, the er capita consumption of chocolates is increasing in the country which will continue to increase market revenues. It is expected that Indias chocolate industry will be growing at a CAGR of 23% by volume between the years 2013-2018 and reach at 341609 Tons. Dark chocolates are expected to account for the larger market share when compared to milk and white chocolates in the comi ng years. The introduction of medicinal and organic ingredients in the manufacturing of chocolates has led to a new trend and development in the country, which will be adapted by major manufacturers to remain active in the market. We will write a custom essay sample on Cadbury specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Cadbury specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Cadbury specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The Indian chocolate market is getting bigger and better. While on one hand, the premium segment (composing imported varieties) is opening up on the other, companies like Cadbury India are launching indigenous product made to international standards. Of the 20,000 tons chocolate market worth aboutà Rs. 400 crore, Cadbury account for about 70% followed by Nestle, with a share of around 20%. Amul has about 5% of the market, with minor player taking the rest. The battle, though, is between Cadbury and Nestle. Though with a much smaller portfolio, Nestle is putting up a tough fight. From a treat for kids, chocolate are now being positioned near meal substitutes, thanks to the initiative taken by the Cadbury India during early nineties. The market itself has become broader based, in the sense adults are an important target segment now. The reposting of Cadburyââ¬â¢s Dairy Milk in 1994 as the ââ¬Ëreal taste of life (through the Slice of Life and Cricket commercial by Ogilvy and Mather) grew the entire milk chocolate by 20%, and gave the Cadburyââ¬â¢s range ââ¬â 5 Star, Gems, Eclairs, Fruit amp; Nut, Crackle, Nutties, Butterscotch amp; Tiffns ââ¬â a new lease of life. In other words, it facilitated the repositioning of Cadburyââ¬â¢s sub brands in the basket. Some of the strategic clicked, while other did not quite take off. The company is pushing the gifting segment, through occasion linked gifts. Chocolates contribute to 64% of Cadburyââ¬â¢s turnover. Confectionary sales accounting for 12% of turnover is contributed largely by Eclairs. The company attempted expanding its confectionary product portfolio, with launch of sugar based confectionary goodly and fruits, without much success. Cadbury also has a strong brand bornvita in the malted health drink category which account for 24% of turnover. There exists an even larger unorganized market in the confectionary segment. Cadbury has 4% of the market share in this segment. Leading national players are nutrine, Parryââ¬â¢s Ravalgoan, Candico, Parle, Joyoco India and Perfetti, the MNCs such as Joyco and Perfetti have aggressively expanded their presence in the country in the last few years. Malted food drinks category consists of white drink and brown drink. White drinks accounts for almost two third market of the 82,000 for market south and east are large market for drinks, accounting for largest proportion of all Indiaââ¬â¢s sale. Cadburyââ¬â¢s Bourn Vita is leader in the brown drink coca based segment in the white drink segment Smith Klineââ¬â¢s Horlicks in the Nestle Milo , GCMMF nitramul and other Smith Kline brand Boost, Maltova and Viva Cadbury bold 14% market share in food drinks segment. Despite tough market condition and increased competition Cadbury managed to record a double digit (11%) top line growth in 2000. The company achieved a volume growth of 5. 2%. This was achieved through innovative marketing strategies and focused advertising campaign flagship brand Dairy Milk. Net profit rose sharply by 41. 8% to Rs. 520 million. Reduced material and energy cost and tighter control over working capital over working capital and capital expenditure enabled the company to improve the profitability. Company added 8 million new consumers and saw its outlets grow to 4. 5 lakhs and consumer to 60 million. In the food segment, Britannia is the leader brand with 21% among those who expressed an opinion saying that they like advertising for the brand Cadbury was clearly No. 2 with 18% to which CDM throw in its weight with 13% and perk with 4%. For the Chocolate Company, Khane Walo Lo Ko Khane Ka Bhanna and the Karwa Cauth, Sports are clear winners. Tied for the brand place are Amul, Parle and south based Arun Le Gram with 5% each. Disappointment among bid brands Kissan and Maggi and Kwality Walls (1%) each. MARKET DESCRIPTION * The chocolate market in precedent years has been witnessing tremendous growth in terms of value as well as volume. The governance of market is maintained by large international giants through franchisee and expansion into new markets which is leading to the growth of the chocolates market in India. Indian chocolate industry has registered a growth of 15% per annum from 2008 to 2012 and is projected to grow even at a higher rate in future. The industry has a positive outlook due to phenomenal growth in the confectionery industry, rising per capita income and gifting culture in the country. * According toà ââ¬Å"India Chocolate Market Forecast amp; Opportunities, 2018â⬠,à theà per capita consumption of chocolates is increasing in the country which will continue to flourish the market revenues. It is expected that India chocolate industry will be growing at the CAGR 23% by volume between the years 2013-2018 and reach at 3,41,609 Tons. The dark chocolates are expected to account for the larger market share when compared to milk and white chocolates in the coming years. The introduction of medicinal and organic ingredients in the manufacturing of chocolates had led to a new trend and development in the country, which will be adapted by major manufacturers to remain active in the market. * Sweet-toothed Indians have increasingly moved towards premium chocolates due to growing preference for better quality chocolates. Consumption of premium chocolates by rural consumers also witnessed a sharp rise in 2012. Interestingly, small pack sizes experienced a rapid increase in sales across rural areas and tier III cities owing to the affordability attached to it. In line with the preference for small pack sizes, volume sales of mini chocolates launched by Mars also started to emerge in 2012. * India has always had a sweet tooth, and chocolate is fast becoming its favorite treat, ahead of sugar candy, with an annual market growth rate of 15%. Cadburyââ¬â¢s now owns 70% of the market, introducing innovative products that can survive in the extreme heat. Global market share by region, 2011:| Western Europe 32%| North America 20%| Asia 17%| Latin America 13%| Eastern Europe 12%| Middle East and Africa 4%| Australasia 2%| PRODUCT REVIEW Cadbury India Ltd. is a part of Mondelez International. Cadbury India operates in five categories ââ¬â Chocolate confectionery, Beverages, Biscuits, Gum and Candy. In the Chocolate Confectionery business, Cadbury has maintained its undisputed leadership over the years. Some of the key brands areà Cadbury Dairy Milk, Bournvita, 5 Star, Perk, Bourneville, Celebrations, Gems, Halls, Eclairs, Bubbaloo, Tangà andà Oreo. Our core purpose make today delicious captures the spirit of what we are trying to achieve as a business. In India, Cadbury began its operations in 1948 by importing chocolates. After over 60 years of existence, it today has six company-owned manufacturing facilities at Thane, Induri (Pune) and Malanpur (Gwalior), Bangalore and Baddi (Himachal Pradesh) Hyderabad and 4 sales offices (New Delhi, Mumbai, Kolkata and Chennai). The corporate office is in Mumbai. Cadbury India enjoys a value market share of over 70 percentà in the chocolate category and our brandà Cadbury Dairy Milk (CDM)à is considered the gold standard for chocolates in India. The pure taste ofà CDMà defines the chocolate taste for the Indian consumer. In the Milk Food drinks segment our main product isà Bournvitaà the leading Malted Food Drink (MFD) in the country. Similarly in the medicated candy category Halls is the undisputed leader. We recently entered the biscuits category with the launch of the Worlds No 1 biscuit brandà Oreo. Since 1965 Cadbury has also pioneered the development of cocoa cultivation in India. For over two decades, we have worked with the Kerala Agricultural University to undertake cocoa research and released clones, hybrids that improve the cocoa yield. Our Cocoa team visits farmers and advises them on the cultivation aspects from planting to harvesting. We also conduct farmer meetings amp; seminars to educate them on Cocoa cultivation aspects. Our efforts have increased cocoa productivity and touched the lives of thousands of farmers. Hardly surprising then that the Cocoa tree is called the Cadbury tree! CONSUMER TRENDS 1. Mithai- the traditional Indian sweats is getting substituted by chocolates among upwardly mobile Indians. Instead of buying sweats on Raksha Bandhan, sisters prefer offering chocolates to their brothers. This is the reason for sudden spurt in advertisement between July amp; Sep byà most of the companies. . The range and variety of chocolates available in malls seems to be growing day by day, which leads to lot of impulse sales for chocolate companies. 3. Chocolates which use to be unaffordable, is now considered mid-priced. Convenience over Mithai in terms of packaging and shelf life in making both middle class and rich Indians opt for chocolates. 4. Designer chocolates have become status symbols. They are linke d to oneââ¬â¢s aspiration and lifestyle and malls are perfect points of sale as people usually are happy and gay at these destinations. 5. Cadbury initial communication for Celebrations was concentrated on occasions like Diwali and Rakshabandhan. Over the last seven to eight years, the brand emerged as a good gift proposition for occasions and enabled people to come closer. Research done by Cadbury suggested that they should extend the plank of occasion-based gifting to social gifting i. e. all-year-round gifting options. 6. Consumers can choose from wide range of chocolates, which initially was limited to Milk chocolates like Dairy Milk and Milky Bar. In past few years we have seen so many SKUs with almonds, raisins and all sort of nuts. And how can we forget latest 5 star crunchy and Ulta Perk, which has opened new windows for consumers. 7. In past, consumers had negligible inclination for dark chocolates. But now we have seen a change in the Indian palate, which is increasing the base of this sub-segment. COMPETITIVE REVIEW * Cadbury India continued to enjoy dominance in chocolate confectionery and is set to hold a value share of 56%, followed by Nestle at 22% in 2012. The two leading companies have enjoyed established presence in chocolate confectionery for years. However, the two companies lost shares to Mars and Ferrero India, which are gradually gaining ground in chocolate confectionery. * Chocolate and confectionery makers say adult consumption of chocolates and candies is growing at the fastest pace in India, and companies likeà Mondelez, Mars, Nestle,à Perfetti Van Melle,à Parleà andà ITCà are launching new products and brands that target the grown-up. * These days there are over 50 good chocolate brands available in India and all of them are doing good business. Some of them are: Amul, Nestle, Ferrero Rocher, Mars, SK Industries, Campco, Hershey Company. Market Analysis We have already completed the first level of analysis in identifying the driving forces that lead to changes in our industry. The next step is to analyze individual consumers (individuals, and organizations) and to set out our primary and secondary segments or target markets. Customer Need Analysis Key Customer Groups Customer Needs 1. Children 1. Desire for Chocolate 2. Youth2. Gift 3. B2B 3. Revenue generation (Distributer, Wholesaler, Retailer and All type of channel members) 4. Parents 4. Care of own children 5. Old age 5. After having lunch or . Dinner as sweet Product Review I. Chocolate amp; Confectionary 1) Dairy Milk 2) Fruit amp; Nut 3) 5 Star 4) Break 5) Perk 6) Gems 7) Eclairs 8) Nutties 9) Temptation 10) Milk Treat II. Beverages III. Food Drinks 1) Bourn vita 2) Drinking chocolate 3) Cocoa CHANNELS OF DISTRIBUTION * Cadbury dairy milkà are sold directly to wholesaler andà retailers. * Cadburys distribution network encompassesà 2100à distributorsà and 50,000 retailers. * Consumer base of over 65 million. * Cadbury reaches 0. 6 million retail outlets. SWOT ANALYSIS Strength 1. Very strong brand equity in India. 2. Due to its 54 years presence in India ââ¬â has deep penetration ââ¬â 2100 distributors; 450,000 retailers, 60 mid urban (22%) customers. 3. Three sectors; Chocs (70% share), Confec (4%), food drinks (14% leader in brown segment). 4. Low cost of production due to economic of scale. That means higher profits. Better market penetration . 5. Second best manufacturing location throughout Cadbury Schweppes. Weakness 1. Poor technology in India compared to current international technologies (Godiva, Mozart, Fazer, Dint, Naushans, etc ) 2. Ltd. Key products, only one central brand (CDM). Pralines range totally wising in India. 3. ââ¬Å"Make in Indiaâ⬠tag once the economy opens up wore and imports rush in. Opportunities 1. Tremendous scope for per capita consumption (160 gms of 8 ââ¬â 10 kg) 2. Increasing per capita national income resulting in higher disposable income. 3. Growing middle class and growing urban population. 4. Increasing gifts cultures. 5. Substitute to ââ¬Å"Mithaisâ⬠with higher calories/cholesterol. 6. Increasing departmental stores concept ââ¬â impulse @ at cash counters. 7. Globalization: optimal use of global Cadbury Schweppes. Threats a) Major:- Due to low cost and highest brand equity, it is success in India. b) Minor:- Globalization will bring in better brands for upper end of the market (Lint, Hersheyââ¬â¢s, Monarch, Godiva, etcâ⬠¦) 5 Pââ¬â¢s Of Marketing 1 PRODUCT I. Chocolate amp; Confectionary 1) Dairy Milk 2) Fruit amp; Nut 3) 5 Star 4) Break 5) Perk 6) Gems 7) Eclairs 8) Nutties 9) Temptation 10) Milk Treat II. Beverages III. Food Drinks 1) Bourn vita 2) Drinking chocolate 3) Cocoa 2 ââ¬â Pricing Make no mistake. Second P of marketing is not another name for blindly lowering prices and relying on this strategy alone to increase sales dramatically. The strategy used by Cadburyââ¬â¢s is for matching the value that customer pays to buy the product with the expectation they have about what the production is worth to them. Cadburyââ¬â¢s has launched various products which cater to all customer segments. So every customer segment has different price expectation from the product. Therefore maximizing the returns involves identifying right price level for each segment, and then progressively moving through them. Dairy Milk Rs. 15 Perk Rs. 10 Star Rs. 10 Fruit and Nut Rs. 22 Gems Rs. 10 Nutties Rs. 30 Bournvita (500 gm) Rs. 104 Drinking chocolate Rs. 65 3 Physical Distribution ââ¬â ââ¬Å"Placeâ⬠Distribution Equity: It takes much more time and effort to build, but once built, distribution equity is hard to erode. The fundamental axiom of Indian consumer market is this: You can set up a state-of ââ¬âthe-art manufacturing facility, hire the hottest strategies on the block, swamp prime television with best Ads, but the end of it all, you should know how to sell your products. The cardinal task before the Indian market in managing is to shoe-horn its product on retail shelves. Buyers are paying for distribution equity not brand equity and market shares. Why does the company need distribution equity more in India? With technology and competitive pressure slash in it is becoming increasing difficult for marketers to retain a unique product differentiation for long period. In a product and price parity situation, the brand that sells more is the one that reaches the highest number of customers. India ââ¬â 1 billion people, 155 million household has over 4 million retail outlets in 5351 urban markets and 552725 villages, spread cross 3. 28 million sq. km. elevision has already primed and population for consumption, and the marketer who can get to the to the consumer ahead of competition will give a hard ââ¬â to ââ¬â overtake lead. But getting their means managing wildly different terrains-climate, language, value system, life style, transport and communication network. And your brand equity isnââ¬â¢t going to help when it comes to tackling these issues. Own distribution network consist of clearing and forwarding (Camp;F) agents amp; distribution stockiest. This network of distribution can either contact wholesalers and which in turn retailers or the distributors can contact to the retailers directly. Once the stock product reaches retailers, the prospective customers can have access to the product. Cadburyââ¬â¢s distributes the product in the manner stated above. Cadburyââ¬â¢s distribution network has expanded from 1990 distributors last year to 2100 distributors and 4,50,000 retailers. Beside use of TI to improve logistics, Cadbury is also attempting to improve the distribution quality. To address the issue of product stability, it has installed visi colors at several outlets. This helps in maintaining consumption in summer when sales usually drops due to the fact that the heat affects product quality and thereby off takes. Looking at the low penetration of the chocolate, a distribution expansion would itself being incremental volume. The other reason is arch rival Nestle reaches more than a million retailers. This increase in distribution is going to be accompanied by reduction in channel costs. Cadburyââ¬â¢s marketing costs, at 18% of total costs, is much higher than Nestleââ¬â¢s 12% or even pure sugar confectionery major Parryââ¬â¢s 11%. The company is looking to reduce this parity level. At Cadbury, they believe that selling confectionery is it like selling soft drinks. 4 Promotion Effective advertising is rarely hectoring or loudly explicitâ⬠¦. It often both attracts and generates arm feelings. More often than not, a successful campaign has a stronger element of the unexpected a quality that good advertising shares with much worthwhile literature. To penetrate into the inner recesses of customer memory, communication must first ensure exposure, grab his attention evoke his comprehension, grab his acceptance and then extract retention competing with thousands of other units of communication trying to do the same. Finding showed that the adults felt too conscious to be seen consuming a product actually meant for children. The strategic response addresses the emotional appeal of the band to the child within the adult. Naturally, that produced just the value vacuum that Cadbury was looking to fill. Thereafter it was the job of the advertising to communicate customer the wonderful feeling that he could experience by re-discoursing the careful, unselfish conscious, pleasure ââ¬â seeking child within him ââ¬â and graft these feeling onto the Ad campaign like ââ¬Å"Khane Walon Ko Khane Ka Bahana Chahiyeâ⬠for CMD and ââ¬Å"Thodi Si Pet Pooja ââ¬â Kabhi Bhi Kahin Bhiâ⬠for Perk have been sure shot winner with the audience. Whirl with the new launched temptations with the slogan ââ¬Å"Too To Shareâ⬠the communication resolves around the reluctance of a person whoââ¬â¢s got their hand on a bar of temptation to let anyone else to have a bite. As well as outdoor and radio ads, ad agency contract has created communication for cinemas and even ATM machines for the brand. All ICICIââ¬â¢s ATM a message flashes on the screen as soon as customer inserts his ATM card. It tells the customer that this would be good time to get out of his temptation since he/she is bound to be alone. Something familiar is planned for phone-book as well. In cinemas, Cadbury as a message on-screen just before the lights are dimmed to give them a chance to get their temptations. There will also be after dinner sampling in restaurants ââ¬â to begin with, 30 catteries in Mumbai have been selected. The next round of activity will include the wafer-chocolate Perk and the Picnic bar, which has faced problems with its taste, because of the peanut it contains. Milk treat has also been launched in a module bar form, just in time of Diwali gifting market. Eclairs has got potential for much wide distribution, in a small sweets that airlines, hostels, and up market retail outlet offer to guest and customers. Ad spend in 2000 was about 14% of sales and the management said that plans to maintain as spend at this level in the current year also. Ad since any discussion today would be incomplete without mention ââ¬Ëeââ¬â¢ word, the management plans to tap this new channel of marketing. Beside three company website (i. e. www. cadburyindia. com, wwww. bourvita. com, www. cadburygift. com) that the company has launched, it had also entered into various marketing relationship with other portals, specially targeted during festivals and events such as Valentineââ¬â¢s Day, etcâ⬠¦. Itââ¬â¢s a combination of spiffing up its key brand, researching and improving the newer products that havenââ¬â¢t taken off, supported with high ad ââ¬â spends that Cadbury hopes will see it emerges stronger after the current slowdown, as well as expand the market. 5 Positioning In the 1970s consumers were ready to pay ââ¬Å"more for moreâ⬠, and luxury goods flourished. In the 1980s, consumers began to demand ââ¬Å"more for sameâ⬠, and the discounting era grew strong. Todayââ¬â¢s consumer demanding ââ¬Å"more for lessâ⬠, and the winner will be that super value marketersâ⬠¦. Some of todayââ¬â¢s most successful companies recognize those customers are more educated and able to recognize true customer valueâ⬠¦ Positioning is simply concentrating on an idea ââ¬â or ââ¬â even a word defines that company in the mind of the consumer. It is more efficient to market one successful concept to one large group of people than 50 product or service ideas to 50 separate groupâ⬠¦ repositioning is a must when customer attitude have changed and product have strayed away from the consumerââ¬â¢s long standing perception of themâ⬠¦ Cadburyââ¬â¢s is an anchor in sea of confectionary products. As a variety of competitive claims assails her senses, today customer uses complicated decision making process to assess the alternative before making a purchase. Since Cadburyââ¬â¢s is more clearly associated with a particular set of attributes in terms of benefits and prices, the quicker becomes her search process. Positioning of individual product: 1) CMD: is and always remain flagship brand. The punch by the company for advertising this product life. ââ¬ËReal taste of Lifeââ¬â¢, itself defines the positioning of the product. The chocolate is meant for all age groups. It symbolizes fun, enjoyment, good items. It has goodness of milk, taste and appetite appeal. 2) 5 star: although positioned internationally as an energy bar, 5 star was positioned on an emotional platform in India during the late 1980s. Symbolizing togetherness, 5 star was originally targeted at teenagers. In June 1994, the company reworked the strategy for 5 star to make it a source of energy. In fact, before the launch of Perk, 5 starââ¬â¢s energy bar positioning made it a snacking chocolate. 3) Eclairs: competing in the chewable toffees segment. Eclairs was re-launched during the mid-nineties with a new name, Dairy Milk Eclairs. 4) Gems: broadcasting Gems, though, didnââ¬â¢t prove to be feasible proposition for Cadbury. Targeted at children under 12 years with ââ¬ËGems Bondââ¬â¢ advertising. Cadbury decided to sell it to teenagers with the ââ¬ËSmart Very Smartââ¬â¢ campaign. But now, the company is retargeting children with its animated commercial. ââ¬Å"Gems are the best brand to speak to children. Colorful chocolate buttons appeal most to children and that is why Cadbury is re-targeting children. â⬠) Crackle: it was the first Cadburyââ¬â¢s chocolate to have crunch in it. It was targeted as a funky chocolate to add spark to life. 6) Perk: in September, 1995, Cadbury preempted the launch of Nestleââ¬â¢s Kit-Kat by rushing a new brand, Perk into the market. Positioned much further on the functional scale of 5 star, Perk was meant to be light snack-product for subduing the first pangs of hunger. 7) Bournvita: positioned as tasty health drink. While its competitors concentrated only on health aspect, Bournvita combined the nutritious valueà with taste. PREPARED BY: Kunal malik
Saturday, March 14, 2020
Careers in Photography essays
Careers in Photography essays A few years ago, the suggestion of photography as a career would not have been taken seriously. Photography was once considered as only a hobby that could possibly get a person some extra pocket money. Today though, photographers are in demand and respected financially. Photography has become a profession that has a great commercial value. It can be a main source of income, and means to a comfortable life. Photography is both a science and an art. It is about artistic expression, where the camera will replace the pen and paint, or tell a story without the words. Photographers need to have many abilities. The most important ones are things such as visualization, arm-hand steadiness, idea generation, and originality. There are a multitude of fields that a photographer can go into. Some of them require more schooling and are very selective, yet some are broad and require less then others. With all of these fields, a person has a wonderful chance of doing anything they want with a photography degree. Portrait photographers take pictures of individuals or groups of people and often work in their own studios. Some specialize in weddings or school photographs and may work directly on location. Some portrait photographers are business owners who arrange for advertising, schedule appointments, set and adjust equipment, develop and retouch negatives, and mount and frame pictures. Also they purchase supplies, keep records, bill customers, and may hire and train employees. Press photographers or photojournalists supply pictures to the national and local press, magazines, or television. They must be versatile with an ability to photograph all kinds of subjects. They must have journalistic instincts, know what makes good news pictures, be able to write accurate captions, work well with reporters, be quick and often work under difficult conditions. In Commercial photography, a photographer takes pictures of building...
Wednesday, February 26, 2020
Yonyous Business Operations in the Software Industry Case Study
Yonyous Business Operations in the Software Industry - Case Study Example The recession led all the software companies to change their business strategies. Likewise, Yonyou also developed its own strategies to sustain in the changing market environment. The investment in the R&D to promote product development eventually worked in companyââ¬â¢s favor towards its expansion. Yonyou collaborated with companies like IBM and Atos to develop the cloud computing, which proved to be a step towards the future of IT. Yonyou Software Co. Ltd., headquartered in Beijing, China, is an accounting and ERP software company. It operates in mainland China, Japan, Hong Kong and Thailand. Founded in 1988, Yonyou has been ranked as no. 1 management software provider in China. The company excelled in Chinese markets as it could understand the Chinese management culture closely. In order to streamline its business, the company also outsourced its consulting and implementing services. The information technology industry went through several changes in last five years and all the companies had faced severe downturn or even ceased to exist. However, Yonyou has managed to adapt to the changing environment and sustained in the competitive industry. The growth of management software had slowed down after the great recession and economic crisis in 2008. The management software market in Asia had a much higher growth rate in 2011, although being a small portion of the global market. The manpower and materials cost had increased within the last decade in China, as a result, the companies were bound to adopt the management software system in order to avoid inefficient operations and management. Although, as compared to other developed countries, China still stands behind when it comes to investment in management software. China mentioned in the 18th national congress, that it will follow its own way to implementation of information technology on a national strategic level.
Monday, February 10, 2020
Most Important Cybersecurity Vulnerability Facing IT Managers Today Term Paper
Most Important Cybersecurity Vulnerability Facing IT Managers Today - Term Paper Example With the related elementary technique, that employs the transmission of the email SPAM formed to seem similar to it was derived through an officially authorized organization as well as in that way trapping us to go after a weblink to a wrong website that had been shaped to as well seem similar to it belonged to a valid organization, we could be trapped into sensational individual data and information regarding yourself that is also acknowledged as the Phishing (Rodriguez, 2007). The recompense was twofold. The executor of this act could go behind doesn't matter what economic capital we had like that our credit or debit card number, bank account, etc. or they could copy or steal an adequate amount of data and information from our computer to get hold of our identity. This category of online fraud is acknowledged as the identity theft. Identity theft possibly being even further shocking to the actual person for the reason that a hacker could make use of our individuality to open up cre dit and debit cards, bank accounts as well as carry out further negative activities and crimes concealed at the back of our identity (Rodriguez, 2007). Introduction to Phishing I believe phishing is the single most important cyber security vulnerability that IT managers are facing today. Actually, phishing is the process in which an authorized person tries to get access and use sensitive data and information such as usernames, personal information, credit card information and passwords by making use of deceptive and fake means as a trustworthy entity in an online and other internet supported communication. In addition, phishing is normally carried out through E-mail or through the instant messaging, as well as its generally directs... This essay stresses that IT managers are responsible for dealing with IT operations of an organization. In fact, business organizations heavily rely on IT in order to successfully operate their business. In this scenario, it is the responsibility of IT managers to implement strict security measures to ensure the secure execution of these IT operations. Given below are some of the important actions that can be taken to stop phishing. Information and data stealing is an extensively employed technique to industry intelligence. Through theft of personal infrastructure, plan credentials, officially permitted estimations, worker associated records, information robberââ¬â¢s proceeds from promotion to those who can want to make self-conscious or reason economic harm or to contestants. This paper has discussed some of the important aspects of phishing. In the past few years, phishing has become very common. In fact, there are many kinds of phishing and the basic purpose is to steal someoneââ¬â¢s personal information using illegal ways. Without a doubt, organizations today heavily rely on their business data and information and for this they heavily rely on an IT department. So if this information is accessed by any unauthorized person it can be used for illegal purposes. In some cases, a business competitor can also hack this information to destroy the business of an organization. So it is essential for IT managers to keep them up to date with the latest knowledge of cyber vulnerabilities and be ready to implement solutions to deal with these vulnerabilities.
Thursday, January 30, 2020
Seperation of a Mixture Lab Report Essay Example for Free
Seperation of a Mixture Lab Report Essay 1.Mixture is taken, and has to be measured in order to meet the requirements of 2-3g. 2.The mass of the tray is measured and then the scale is zeroed out and the mixture is added to find out the mass of the original mixture. 3.Next, find the mass of the 250mL beaker, zero out the scale, pour the mixture in, and weigh to find the mass. Find the mass of the 100mL beaker as well. 4.In order to separate the iron from the mixture, take a bar magnet inside of a Ziploc bag, and swirl it through the mixture. 5.The iron will stick to the magnet, and lift the magnet out of the mixture. All iron in the mixture should be on the magnet. 6.The iron taken out of the mixture is then measured to find the mass of the retrieved iron. 7.Next, the salt will be separated from the mixture. In order to do this, a ring stand must be set up with an iron ring and a glass funnel. Take a piece of filter paper and fold it as demonstrated by Mrs. Montoney, and place it in the funnel. 8.Place a 250mL beaker under the funnel for the filtered water. 9.Put the remaining mixture in the funnel. 10.Pour some water in a beaker, record the amount of water and pour it in the funnel. The mixture will begin to filter and drain the salt, leaving behind the sand. More water may need to be added depending on if the salt particles are fully desolved or not. 11.The sand has been recovered. Take the filter paper, unfold it, weigh its mass, and place it in the chemical oven to dry before measuring. 12.While the sand is in the chemical oven, take a hot plate, and place the beaker with the filtered salt water on the hot plate. The water will begin to boil, and eventually, the salt will beà clearly visible and separated. 13.Once the salt is fully dried out, and no water remains in the beaker, remove the beaker with tongs for it will be extremely hot. Measure the beaker with the salt in it and subtract the original mass of the 250mL beaker to find the mass of the recovered salt. 14.The sand should be dry by now. Take the sand on the filter paper out of the chemical oven with extreme caution, place it on the scale, measure its mass, and then subtract the original mass of the filter paper in order to find the mass of the recovered sand. 15.The mixture is now separated into the three substances of sand, salt, and iron. Scientific Background: In order to complete this lab report, the following concepts must be understood. First, the difference between a mixture and a pure substance. A mixture is two or more pure substances combined, that keep their separate chemical identities and properties. The amounts of each pure substance in a mixture can change therefore the physical properties of a mixture depend on its composition, and the composition of a pure substance is constant giving pure substances characteristic physical properties that do not change. Physical properties that are used to describe pure substances include solubility, magnetism, and boiling point, which are all characteristics used in this lab. The next concept is physical changes. Physical changes separate the components of a mixture, such as separating the iron, sand, and salt in this lab. Physical changes that can be used to separate mixtures include filtration, evaporation, and distillation. Mass percent composition is a way to express the real composition of a mixture by the amount of each component. In order to do this, the substances must be separated quantitatively. Lastly, percent yield which describes the efficiency of the ââ¬Å"recovery operationâ⬠is calculated to separate the mixture. (Handout) Observations: The observations for this lab are as follows: â⬠¢The original mixture is a brownish color, and the difference between the different substances can easily be determined by sight. â⬠¢When the water was poured into the mixture of sand and salt during the filteration process, the filtered water was coming through slowly in large drops. â⬠¢During theà filtration process, the salt seemed to not be dissolving as quickly as thought, and more water was needed. â⬠¢When the salt water was being boiled, all of the sudden the water turned into what looked like foam and the salt started popping. â⬠¢When the sand was taken out of the chemical oven, salt particles that had not been dissolved were found on the bottom of the filter paper. â⬠¢The iron had a high magnetism, while sand and salt had none at all. â⬠¢The salt had a high solubility in water while the sand did not. â⬠¢The physical appearance of the iron resembled rough tiny little black hairs.
Wednesday, January 22, 2020
International business Essay -- essays research papers fc
Protectionism in the global economy The global economy has seen a dramatic increase in services trade between countries. The regulation and monitoring of service trade between countries has become much harder. As highlighted by Johnson, trading in services was the fastest growing constituent of global trade during the 80ââ¬â¢s and 90ââ¬â¢s. Cross border transactions include anything from banking to software. When services are offered to another country, the provider has to interact with the customer through either, cross border communications, movement of the provider or the consumer moving to the supplierââ¬â¢s state of residence. Technology has made international trade much easier and more feasible; this has lead countries to boost services being exported to other countries. IT has decreased the cost of communication between countries. As a result it has made it more feasible for businesses to introduce new products and modify services abroad. This spark in global trade of services has its downfalls. The lib eralization of services goes against certain countriesââ¬â¢ development strategies. Areas like health and education needs the provisional planning of governments. The interference from abroad has hindered the governmentsââ¬â¢ strategic planning with respect to these services. This takes us to the importance of regulating services coming in from abroad through protectionism. Regulations on services can be a burden on service providers which can consequently weaken the liberalization of tr...
Tuesday, January 14, 2020
The migration of people to cities
The migration of people to cities is one the biggest problems facing the world's cities today. Discuss the main causes. What solutions could be used to tackle the situation? Nowadays, the issue of urbanization is more frequently discussed than ever before due to its increasing impacts on lives and on the environment. Most people will not argue the fact that living in a city is easier overall than living in the country. Despite that fact, many generations have lived in rural settings by choice over the decades. The pursuit ofa better standard of living, education and higher health care are the main causes of migration to urban areas.Many people hope that if they move to live in a big city they will find higher-paying Jobs. However, mass migration to cities causes greater competition for Jobs and this lead to underemployment. Others want their children to get better education and often high-ranked schools or universities with well-trained teachers are in the city. Moreover, the expansi on of cities often leads to environmental problems, such as pollution. To solve the migration problems there are a number of solutions. One of the possible answers is to improve the quality of life in the countryside. Government could invest in building medical facilities and schools.Media can also be used to promote a healthy and stress free life in the countryside. Another way to attract people to stay in rural areas is creating more employment opportunities. By doing this, many people will choose to stay in the countryside. To conclude, because of urbanization the raw beauty of rural life is fading into oblivion. Convincing people to live in the countryside might seem as a difficult task, but if for once we escape the dullness of the city and discover the stunning places, hidden in the forgotten parts of our country we might Just realize what we are missing. 285 words 30 minutes
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