Tuesday, October 15, 2019

DQ1 e-activity and DQ2 Competitive Advantage Essay

DQ1 e-activity and DQ2 Competitive Advantage - Essay Example of buyers had an effect on an industry’s competitive pricing and consumer’s demand for better services, which affects the strategy of a firm (Porters, 2008b, 14). In this case, firms in the industry where customers have bargaining power experienced instances whereby consumers pressed for price reductions. Finally, the rivalry influenced the profitability of firms in an industry depending on the intensity of the rivalry and the basis of a firm’s rivalry (Porters, 2008b, 18). The online auction industry experiences robust growth due to the ongoing global internet and technological innovations although Yahoo, Amazon, and eBay are the most dominant firms in the industry (Bajari & Hortaà §su, 2004, p. 459). Nevertheless, the availability of online auction software in the industry, coupled with the low costs of establishing start-ups and cheap hosting services available, pose a threat of new entrants into the industry. In effect, the fact that the cost of start-ups in the industry is cheap makes the bargaining power of suppliers low in the online auction industry. On the other hand, buyers in the industry hold high stakes in a company’s profitability and success due to the bidding platform that the industry provided (Pinker, Seidmann, & Vakrat, 2003, p. 1457). In this case, buyers will control a firm’s strategy in the online auction industry since they have an option of buying the same commodities online from other dealers at a price of their choice. On the other hand, rivalry amongst firms in the industry results from the bidding platform offered, which brings intense rivalry (Stafford & Stern, 2002, p. 135). Finally, other resellers and auctioneers that are not internet based pose the substitutes’ threat in the online auction industry. Stafford, M. R., & Stern, B. (2002). Consumer Bidding Behavior on Internet Auction Sites. International Journal of Electronic Commerce, 7(1), 135-150. Retrieved from http://www.jstor.org/stable/27751048 Small businesses

Monday, October 14, 2019

Case Study Food Restaurant Management Marketing Essay

Case Study Food Restaurant Management Marketing Essay Jack Sprat is the owner of seafood restaurant in a coastal town. He is 63 year old and doctor has advised him to take rest so he had appointed a Manager to look after the business operations and he use to come to see the business once in a week. But once he handed over the business to the manager his business is not doing well and there is continuous decline in the business. So in order to find remedy owner has approached to the investigator to analyse the case and suggest as what should be done to bring back the business of the restaurant. The investigator has analyzed the business with the tools of business (case) analysis-SWOT and further financial data has also been taken into consideration to find out the declining trend and come to a conclusion as why business is going down. In order to evaluate the business operation and put the findings in the report the investigator has done extensive research-secondary research and analysed the case with his valuable suggestions. ACKNOWLEDGEMENT The investigator would like to convey his gratitude to those entire people who helped him to enhance his understanding of the case and analyzed the situation so that a valid conclusion of the case can be drawn. The investigator has completed this case successfully and has presented his findings with suggestion in this report. So author would like to thank the Module tutor for kind support and guidance. INTRODUCTION Jack Sprat is 63 year old owner of 60 seat licensed seafood restaurant that is situated in a coastal town. Before starting this business Jack was simply a Manager at a local Bluebeckers Restaurant. But an inheritance left this restaurant to him. Since the opening of this restaurant business it has given very good return. The belief of Jack towards success of this business is the Maintenance of high standards in food production and presentation. Other fact is Menu and beverage list has been fairly constant since beginning of this restaurant. Jack did not change menu and beverage list because business was giving modest return since beginning. But jack is not regular to the restaurant so he has appointed a Manager to manage the business operation and he used to come to the restaurant to see the business operation once in a week. This is because at this age (63) he has been suffering from health problem and his doctor has advised him to take rest. But business of this restaurant has gone down as soon as it was handed over to the manager. Absenteeism of the staff has increased. Keeping in mind the remedy of the situation author has established aim and objectives of this report, here are the aim and objectives written in detail: Aim of this report is to find remedy of the existing problem or discrepancies of the restaurant and give valuable suggestions to overcome from these problems so that business can be put on its old pattern-profitable. Objectives are: Finding most important problems Identification of further information that would be helpful in making realistic plans for the future of the business To list the priorities Drawing an action Plan The structure of this report is as follows: First of all main body has been presented wherein SWOT other detailed analysis has been done. Then conclusion has been drawn and bibliography (list of references) has been given followed by appendix section where additional information has been provided. MAIN SECTION Before providing solution of anything one has to find the problems first. So to find problems related to Jack Spart business the investigator has conducted SWOT analysis and financial analysis. Before going for the SWOT analysis of the business concerned it is important to understand SWOT first. SWOT ANALYSIS is the detailed search and listing of factors from situational analysis that might or will impact the businesss strategy. Strategic marketing is based on the SWOT analysis. The process by which SWOT factors are derived is to carefully review the internal analysis for strengths and weaknesses, and the environmental analysis for opportunities and threats, and to then record. (Reich, Z.A, 1997) According to Morrison, J (2002) The SWOT analysis is a commonly used planning tool, which assesses the firms strategic profile in terms of its strengths, weaknesses, opportunities and threats. Focusing on both internal and external environments, it serves to highlight a firms distinctive competences, which will enable it to gain competitive advantage. Based on the above information from the scholars it is true that business environment can be divided into two part-internal and external environments. Internal environment consists of all factors that are internal part of the business. These internal factors are within the control of the business. Strength and Weaknesses of the business can be found in the internal environment of the business. External factors are those factors which are not within the control of the business and to be into existence business houses have to change in internal policy and adjust itself to cope with the external environment factors. Opportunities and Threats are the factors that are part of external environment of a business. For SWOT analysis please refer to appendix1..SWOT ANALYSIS.docx FINANCIAL ANALYSIS REVENUE (SALES) POINT OF VIEW: Food sales has increased in 2007-8 by 4.3% compared to 2006-7, and it has gone down in the financial year 2008-9 by 3.95% compared to 2007-8 sales of food. Liquor Sales has increased in 2007-8 by 5.97% compared to 2006-7 and further it increase by 15.59% in the year 2008-9 compared to 2007-8. Overall Total Sales has been increasing in the financial year by 4.67% in the financial year 2007-8 compared to 2006-7, and further increased by 6.57% in the financial year 2008-9 compared to 2007-8. DIRECT COST POINT OF VIEW: In the financial year 2006-7 food cost was 42.05% of its sales and in 2007-8 it became little favorable by going down to 41.16% of its sales figure and in the year 2008-9 in again gone up to 43.63% Direct cost of Liquor is 59.72% of its sales in the financial year 2006-7, and 57.70% in 2007-8 and further 57.91% in 2008-9. So its favorable as it is in declining trend. Total direct cost is 54.01%, 55.11% and 52.88% in the financial year 2006-7, 7-8, and 2008-9 respectively which also seems favorable because in 2007-8 it gone little up but again it gone down by good margin-around 2 to 3% GROSS PROFIT POINT OF VIEW: Gross profit of food is 57.95%, 58.84% and 56.37% in the financial year 2006-7, 7-8, 8-9. This shows increase in 2007-8 and further decline in 2008-9. Gross profit of Liquor is 40.28%, 42.30% and 42.09% in the financial year 2006-7, 2007-8, and 2008-9 respectively. Overall it is in favorable trend. Gross profit in the financial year 2006-7 is 54.01%, 55.11% in 2007-8 and 52.88% in 2008-9 which seems declining trend. In the year 2007-8 it gone up but in 208-9 it came down. This is because there was declining of sales of food in the financial year 2008-9 by 3.95%, otherwise sale of liquor in this financial year was good and direct costs were also behaving favorably. INDIRECT EXPENSES POINT OF VIEW: There are three component of indirect expenses-labour, overheads and operating expenses and maintenance expenses. Amount spent in labour is in increasing order i.e., 29.76%, 31.51% and 33.21% in the year 6-7, 7-8, and 2008-9 respectively. This shows restaurant is spending more % every year in its staffing. Overheads and operating expenses seems within control as its 8.78%, 7.21% and 8.36% in the year 2006-7, 2007-8, and 2008-9 respectively. Maintenance expenses is 1.61% of sales in the financial year 2006-7, 1.40% in the financial year 2007-8 and 0.91% of sales of financial year 2008-9. This shows that organization is spending very less on maintenance expenses. Overall total indirect expenses is 40.15% of its sales in the financial year 2006-7, 40.12% in 2007-08 and gone up in the financial year 2008-9 to 42.48% NET PROFIT POINT OF VIEW: Net profit is 13.86%, 14.99% and 10.40% in the financial years 2006-7, 7-8, and 8-9 respectively. This shows that Net profit has going down, and in the financial year it has gone down with huge gap compared to previous years percentage. Overall its a matter of discussion and management should pay attention to the indirect costs as percentage of indirect cost is very high. As gross profit is in 50% so almost 40% of sales are being spent for indirect expenses. Although management is not spending much in maintenance component of indirect expenses but other components i.e., overhead and operating expense, and payroll expenses are very high that is the reason Net profit of the restaurant is not attractive. For further information please refer to financial ratios table in appendix2..FINANCIAL ANALYSIS.docx Aim and objective No.1: Finding important problems: Operational System A sales forecast is a prediction based on past sales performance and an analysis of expected market conditions. The true value in making a forecast is that it forces us to look at the future objectively. The hotel can takes note of the past and stay aware of the present and precisely analyzes that information to see into the future. It will also help the hotel to establish policies so that one can easily monitor prices and operating costs to guarantee profits, and make one aware of minor problems before they become major problems. Employee Morale Employee morale describes the overall outlook, attitude, satisfaction, and confidence that employees feel at work. When employees are positive about their work environment and believe that they can meet their most important needs at work, employee morale is positive or high which can lead to better service and customer retention. Since there is an increase in absenteeism in restaurant employee morale can be increased by treating employees with respect, recognition and empowering them. Menu choice is stale and boring Redesign menu to increase the average spend of the hotel customers, correctly categorize the items on the menu, improve the food presentation, increase food and beverage cost and thereby increase sales at the same time. Maintenance and Hygiene problem The organization is spending very less on maintenance expenses. In any food establishments, food handlers are either the first line of defense or the cause for the need for defense. This is because most types of foods can be contaminated and it is the responsibility of the food handler to ensure the safety of the consumers by eliminating or minimizing the contamination to safer levels for consumption.   The restaurant needs to have rules and procedures in place to ensure that Personal Hygiene is effectively managed. Aim and objective No.2: Identification of further information that would be helpful in making realistic plans for the future of the business: Information needed towards market segmentation-target market: Information to the case is very important to analyze any businesss health or problem. It is equally important like medical tests are important for human body for remedy of any kind of complain of a patient. There are other tests or scanning is needed for business analysis. Market segmentation is one of them. Market segmentation: market consists of buyers who differ in one or more ways. They may differ in their wants, resources, locations, buying attitudes and buying practices. Because buyers have unique needs and wants, each buyer is potentially a separate market. Ideally, then a seller might design a separate marketing program for each buyer. For example a caterer can customize the menu, entertainment, and the setting to meet the needs of specific clients. However, most companies are unable to offer complete segmentation. The cost of complete segmentation is high and most customers cannot afford completely customized products. Companies therefore, look for broad class of buyers who differ in their product needs or buying responses. The restaurant industry offers many examples of segmentation by a variety of variables. (kotler,p 2004) The reason why knowledge of market segmentation is needed because until unless it is not known that which segment is being targeted by the organization concerned (in this case Restaurant of Jack Sprat), it would be very difficult to compare the strength of that segment for the business. In this case it is not given in the case so its important to analyse this business from its segment point of view. Information Needed for competitors analysis: To get success of the business its needed to deal with customers, suppliers, employees, and others. In almost all cases there will also be other organizations offering similar products to similar customers. These other organizations are competitors. Objective of the other organizations is the same as yours to grow, make money and succeed. Effectively, the businesses are at war fighting to gain the same resource and territory; the customer. And like in war, it is necessary to understand the enemy: How he thinks; What his strengths are; What his weaknesses are; Where he can be attacked; Where the risk of attack is too greatà ¢Ã¢â€š ¬Ã‚ ¦.. And so on. And like in war, the competitor will have secrets that can be the difference between profit and loss, expansion or bankruptcy for the business. Identifying these secrets is thus crucial for business survival. (http://dspace.dial.pipex.com) accessed on 2/01/2011 Other information needed is about its competitors. Information of competitors is very important to know the business of competitors and further business concerned can be compared with the competitors. So competitor analysis is very important. Aim and objective No.3: To list the priorities: First of all instant action should be taken to solve Hygiene problem. Proper forecasting of guests so that underproduction and overproduction both can be kept under control Extra manpower has to be reduced so that there will be less burden on payroll cost Choice of menu has to be increased Manager should be empowered or can be changed (as information is not given properly and in detail so it is impossible to say to change) Somehow owner has to be in touch even over the phone to monitor the business operation and if possible frequency to visit may be increased. Local bank should be approached for short term loan for the refurbishment activities. Aim and objective No.4: Drawing an Action Plan: Action plan is a process that includes assessments of own strengths, available resources and market opportunities. There must be idea about marketing objective of the organization concerned then a plan can be prepared and further implemented to achieve the determined objective. In other words these informations are basic and needed at very first step towards making action plan: Market and trading environment of the business concerned Decision about market business is targeting to Knowledge about differentiation or advantage of uniqueness of own product and services Deciding marketing mix Estimation of Fund etc. ACTION PLAN: PRODUCT: Option in Menu list will be given PRICING : May charge little higher than what has been charging PROMOTION: There is need to promote the product and create awareness to remove the negative image of the organization. So it can be done through normal aids of advertisement-Newspapers or T.V Channels. Through T.V Channels it may be a little costly affair in that point of view daily is better. Other Actions to be taken: It could have opened even on Sunday to attract customers who want to utilize their holidays. So it will be open all 7 days. Funds should be managed instantly- It can be done by approaching Commercial Banks for short term loans. Refurbishment will have to be done as soon as loan is approved. Employees have to be re-motivated so that absenteeism of staff can be kept under control. CONCLUSION The investigator has analysed the case of Jack Sprats restaurant and found that major problem is its hygiene and maintenance and indirect expenses. These two factors have to be kept under control and converted into favorable mode only then this organization can earn profit like previous time. There are other areas also that needs attention i.e., arrangement of fund, manpower management, empowering manager etc. BIBLIOGRAPHY Britton, C and Worthington. I (2003) The Business Environment, 4th Edition, UK:Prentice hall. Hooley.G(2004) Marketing Strategy and Competitive Positioning, 3rd Edition: UK: Prentice Hall Kotler, P. (2004) Marketing for Hospitality and Tourism, 3rd Edition, Delhi:Person Luck.D and Rubin, S.R (1996) Marketing Research,7th Edition, USA:Prentice hall Morrison, J (2002) The International Business Environment, 1st Edition, New York; Pal Grave. Reich, Z.A (1997) Marketing Management for the Hospitality Industry,1st Edition,: Wiley and Sons Canada. Wearne.N (2001) Hospitality Management, 1st Edition, New Delhi: Global www.netmba.com/strategy/pest/ Accessed on 2/01/2011 http://dspace.dial.pipex.com) Accessed on 2/01/2011 APPENDIX 1 SWOT : Strength, Weakness, Opportunities and Threat Analysis of Seafood Restaurant Business of Jack Sprat STRENGTHS WEAKNESSES It is an established organization Maintaining high standard in food and presentation Customers feel that restaurant is conveniently placed and charges reasonable price Owner is not able to give full time attention to the business Maintenance and Hygiene problem Menu choice is stale and boring OPPORTUNITIES THREATS Restaurant is old so having established market Market Image is good- reasonable price and consistent standard Dilution of market share due to inability to refurbish Environment Health officer may not be informal in future and there will be time when formal notice will be issued.

Sunday, October 13, 2019

The Allegory of the Cave Essay -- Papers the republic socrates plato

The Allegory of the Cave Plato’s Allegory of the Cave is the most comprehensive and far-reaching analogy in his book, The Republic. This blanket analogy covers many of the other images Plato uses as tools through out The Republic to show why justice is good. The Allegory of the Cave, however, is not the easiest image that Plato uses. First, one must understand this analogy and all of it’s hidden intricacies, then one will be able to apply it to the other images Plato uses such as the Divided Line, or Plato’s Forms. As Plato begins his story, he describes a dark cave. Contained inside of this cave are many people who are tied up into seats, unable to move. For their entire life, these people have been tied up without even being able to rotate their heads. They have chains that bind their hands to their seats. They have never seen anything apart from the wall directly in front of them. Their entire lives have been spent watching the wall and communicating with each other about the things they see on the wall. Behind these chained people is a large fire. This fire burns bright and allows shadows to be cast onto the wall. Below this fire is a small trench where the others of the cave lie. Here they hold up puppets and objects, casting shadows onto the wall. They essentially create the reality that the chained down live in, however, those chained down do not know this. They know only of the shadows on the wall and these shadows interactions with each other. If they see the shadow of a book, they will say to one another, in their own language, â€Å"look at the book on the wall.† They will not know that it is only a shadow, an image of the real object that is held up behind them to cast the appearance of a book onto the wall. The... ... the mind. The man, as he is walking back in the cave, understands now that what he has seen is the truth. He has seen the forms of the objects he only saw shadows to before. When he is back in the cave he tries to explain to the others that there are forms of the shadows they see on the wall. These forms are what truly is, but they reject him. The journey of this man is likened to that of all philosophers educated in the forms, Plato says. The Allegory of the Cave has many applications to both Plato’s writing and life in general. It describes the education of a philosopher, as well as how others look on the philosopher after he has gained the knowledge of the Forms. It also describes what it is like to see the forms. After understanding the forms, what once were objects, real things, become merely shadows. One sees everything as it truly exists, as it’s form.

Saturday, October 12, 2019

Nazism :: World War II History

Nazism The National Socialist German Workers' Party almost died one morning in 1919. It numbered only a few dozen grumblers' it had no organization and no political ideas. But many among the middle class admired the Nazis' muscular opposition to the Social Democrats. And the Nazis themes of patriotism and militarism drew highly emotional responses from people who could not forget Germany's prewar imperial grandeur. In the national elections of September 1930, the Nazis garnered nearly 6.5 million votes and became second only to the Social Democrats as the most popular party in Germany. In Northeim, where in 1928 Nazi candidates had received 123 votes, they now polled 1,742, a respectable 28 percent of the total. The nationwide success drew even faster... in just three years, party membership would rise from about 100,000 to almost a million, and the number of local branches would increase tenfold. The new members included working-class people, farmers, and middle-class professionals. They were both better educated and younger then the Old Fighters, who had been the backbone of the party during its first decade. The Nazis now presented themselves as the party of the young, the strong, and the pure, in opposition to an establishment populated by the elderly, the weak, and the dissolute. Hitler was born in a small town in Austria in 1889. As a young boy, he showed little ambition. After dropping out of high school, he moved to Vienna to study art, but he was denied the chance to join Vienna academy of fine arts. When WWI broke out, Hitler joined Kaiser Wilhelmer's army as a Corporal. He was not a person of great importance. He was a creature of a Germany created by WWI, and his behavior was shaped by that war and its consequences. He had emerged from Austria with many prejudices, including a powerful prejudice against Jews. Again, he was a product of his times... for many Austrians and Germans were prejudiced against the Jews. In Hitler's case the prejudice had become maniacal it was a dominant force in his private and political personalities. Anti-Semitism was not a policy for Adolf Hitler-it was religion. And in the Germany of the 1920s, stunned by defeat, and the ravages of the Versailles treaty, it was not hard for a leader to convince millions that one element of the nation's society was responsible for most of the evils heaped upon it.

Friday, October 11, 2019

“In Rwanda the nightmares have come to life Essay

They describe the events as â€Å"nightmares†; this is to relate to the reader, and to their own nightmares, this is very effective because its saying to the reader that theses things you will only see in such places as nightmares, but for these people this is reality and their life. Nightmares also have connotations of fear, and horror. They don’t even describe the killers as people, because the things they do are so inhumane. Instead they describe them as a metaphor of† monsters†, which also have the same connotations as nightmares. By mentioning the weapons in such vivid description lets the audience visualise the murders and creates imagery, which will leave the reader feeling uneasy. Repetition is also a technique that is used continually. The words most repeated are â€Å"massacres†, â€Å"silence†, â€Å"listen† and â€Å"you†. These are to constantly get the reader involved, as if they feel involved they, may also feel slightly responsible which may lead them to donate. The article contains statistics for how long the massacres have been going on for. â€Å"There were massacres in Rwanda in 1990, 1991, 1992, and 1993. In Burundi in 1965, 1969, 1972, 1986 and 1991. † By showing the reader all the dates exaggerates how long it’s really been going on for. It leaves the reader feeling amazed and makes them think about what they can do to help. The article uses many imperatives. â€Å"Hush. Don’t even breathe. Don’t let this page rustle† This is used to again grab the attention of the reader and to slow down the rhythm of the shocking events being foretold. The layout, pictures used, headings and visual effects are used to draw the reader in and to attract them to the leaflet. Once the leaflet has grabbed their attention, they must persuade them to donate, this is through language techniques. They use a lot of persuasive writing, statistics, emotional blackmail, rhetorical questions, repetition, and describe the events in such extensive detail. On the whole, the leaflet leaves the reader feeling guilty and makes them want to help. This could lead them into donating, or even just making them find out more about the actual charity. It informs the reader of what’s going on, for how long its been going on, and who is responsible. Overall, the leaflet achieves its main purpose by using persuasive techniques.

Thursday, October 10, 2019

Utilizing Online Social Networking Sites Paper

Utilizing Online Social Networking Sites Paper Class: BSHS/352 Technology is constantly expanding and making it easier and more convenient to communicate and network with individuals and various organizations that we may not otherwise of had the opportunity to connect with. One area of technology that is growing at a fast rate and offering individuals and businesses, rather it be their professional life or personal the opportunity to make lasting connections is social networking sites. Social networking has become an excellent tool for businesses and individuals to connect and share information that can prove vital to their business.Sites like Facebook and LinkedIn are becoming popular and are an effective way to grow your business whether it is through networking with similar organizations and getting beneficial information from them or expanding your cliental by reaching out to those who may need or want your services. LinkedIn has become a vital tool used by the working profession al, assisting them with making connections or linking up with other working professional to share what work and what doesn’t work as well as connecting them with local or online support groups or networking groups.Members of LinkedIn are able to create a profile that gives a detail list of their educational background as well as their work experience. Users are able to browse the social networking site to view the profiles of other individuals, organizations, or companies within their field and follow the organization of choice and their postings. My ultimate dream is to create a nonprofit organization that is geared toward targeting at risk youth and their families.The whole concept is to help the whole family and not just focus your attention on the youth that may be having emotional or behavioral issues but offer mental and emotional support for the entire family, implementing various programs and workshops that will assist the entire family in growing, working, and playin g together. Networking sites like LinkedIn can prove to be vital as I take the steps necessary to make this dream a reality. As I was browsing through the site I came across a few groups in my local area that met up monthly for lunch to discuss the ideas and challenges of those looking to start a nonprofit.I also took the time to search for companies or organizations that were geared toward working with and advocating for children. I was really quite excited to be able to look at their profile, view their web pages and doing so helped me to get some ideas and get my juices flowing. I have considered making connections with the various organizations I have seen on LinkedIn in hope that they could link me to information, people, and training opportunities that could possibly put me one step closer to my dream.I am also interested in going to the next luncheon for nonprofit communicators in Raleigh just to get feedback regarding my idea and you never know someone at one of these lunche ons could either help me get closer to making my dream a reality or can link me to an individual or organization who can. I have found sites such as LinkedIn can prove to be extremely beneficial in making lasting connections within the business community and it gives those with businesses the opportunity to link up with other businesses to get feedback, advice, and possibly connect you with someone who can help you take your organization or company to the next level.This site also enables professionals to come together with the common ground of helping and motivating each other. Within the human service field this site can connect you to so many resources that can only assist in providing your clients with the ultimate experience. Having a site where human service workers from all fields and from all areas can come together online and share their experience, advice, and resources can prove to be helpful to the community as a whole.LinkedIn not only connect likeminded people but it o ffers an opportunity to share information regarding training and workshops that could assist organizations in staying up to date with the latest software and/or regulations. Such training and workshops can keep your organization competitive and allows you to offer your clients the best possible service. The best way to keep any business or organization growing is to continue to gain knowledge in your particular field.Always be willing and open to learning and growing, this is what the training and workshops are there for to assist businesses and organizations in improving their techniques and staying relevant and competitive. Sites such as LinkedIn can offer you the ability to gain knowledge and training from some very successful people. Human service workers who use online social networking sites such as LinkedIn can find being affiliated with professional groups and connections to offer more than just sharing experiences, advice, training, and connections to resources.Another bene fit to being a part of an online community such as LinkedIn is the ability to request referrals from the connections you met online. Users can also request sponsorships or recommendations from other users. Human service workers who are affiliated with sites such as LinkedIn may also be able to connect with local churches that could assist connecting the human service worker to the communities that need their assistance the most. Employers often look at profiles on these online social networking sites to assist them in finding employees as well.Although social networking sites such as Facebook and LinkedIn are excellent tools to stay connected to various resources there are other technical tools that can be used to expand and maintain your connections. Smartphones have proven to be a vital tool to use as well with various applications directed at making the life of professionals easier. The goal of a human service worker is to effectively and efficiently assist the client in improvin g their lives and often times this requires connecting them to other resources.Social networking sites such as LinkedIn can assist human service workers in making numerous connections all at the touch of a mouse to various resources and training opportunities. Having online support that provide advice, training, and encouragement, of the human service worker can assist them in helping their clients meet their goals. Reference: 2012. LinkedIn. com. Retrieved from http//www. linkedin. com/home? trk_tab_home_top

Wednesday, October 9, 2019

Progressive Case Study

Progressive Case Study Progressive Auto Insurance company is among many other competing firms in the industry. Some of the others include State Farm, Allstate, and GEICO. They are currently the third biggest private auto insurance industry. From the time they came into existence they have strived for being the most innovative company in the market and shared the values of â€Å"fair, fast, best. † Beginning in 1957 Progressive mainly dealt with standard drivers but soon after they developed a strategy that benefitted them greatly.For the next 25 years they started to focus on the nonstandard driver, who are the drivers that insurers would not cover. Particularly they segmented motorcyclists who had recently received a DUI. They priced the premiums high which resulted in high profitability. They found out that the motorcyclists were actually a lot lower risk than other companies originally perceived. Starting in 1990, they started a practice of immediate response which reduced trauma for the person involved and also helped them in getting an accurate quote for the damages.They also introduced the gold card which reduced the time it took for people to respond to Progressive. In 1995, Progressive became the first insurance company to expand its business to the world wide web essay writer website. The biggest innovative move they made was in 2000 when they introduced the concierge service which included full service repair and customer service at their own shops. Starting in 2006 Progressive was enjoying high profitability due to unanticipated accident frequencies.Thus many companies cut their prices to keep up with the competition. The problem with this is severe underwriting losses. They tried the tactic of reducing prices below their competitors in hope to gain market share but this was the opposite result for them. The CEO Glenn Renwick recommended slowly returning to the underwriting profits of 4% rather than the drastic price drops which could hurt the m if the accident frequencies increased.JD power and Associates gave Progressive a sub par score for overall customer satisfaction of 14. They also fared low on brand awareness ranking in at 57% unaided brand awareness. Their competitors were at GEICO(79%), Allstate(69%), and State Farm(74%). Although they increased their advertising from 8 million in 1997 to 263 million in 2006, they were lagging behind the leading competitors in the field. Although Progressive have been striving as an innovative insurance company they have been lacking behind a few leading companies.It appears that they may need to narrow in on their strengths and cut out some of their programs to make sure they are ensuring high customer satisfaction. After learning that there are many risks out there, people want to know that they will be in good hands after a major disaster or incident. People will always rely on insurance companies because there numerous risks out there that people face everyday. With these co mpanies people feel at ease about the everyday risks that they constantly endure.