Why Should Shop Online Essay - 2117 Words

Koreans who shop online are most likely to buy books, cosmetics, clothing/accessories/shoes and groceries via the Internet in the next six months. While connected Chinese also favor books and clothes, 40 percent plan to make an electronic purchase online. Web-savvy Malaysians like online shopping for booking travel, with airline tickets and hotel/tour reservations the top picks. More online Australians intend to purchase event tickets and non-downloadable videos/DVDs/games than any other in the region. And one-fifth of online Indian shoppers plan to buy non-downloadable music. Total online spending as a percentage of total monthly spending varies by country with Chinese and Korean online consumers allocating the most via the web than any other in the region. Online consumers in New Zealand, Australia, Malaysia and Hong Kong allocate the least. North America Half of online Americans favor sites for stores that can only be shopped online and the majority of Canadian web shoppers are split between a preference for online-only sites (31%) and those that have traditional physical stores (19%). The list of products and services that are favored by American and Canadian online shoppers is almost identical. Books, clothing and airline tickets are the items most likely tagged for online purchase in the next six months. One-third of online Canadians say they don’t plan on making an online purchase in the next six months, which is more than the one-fifth of connected AmericansShow MoreRelatedItm 5400 Chapter 7 Homework680 Words   |  3 PagesITM 5400 Chapter 7 Homework Click Link Below To Buy: http://hwcampus.com/shop/itm-5400-chapter-7-homework/ 1. Would the new reservation and booking system be a horizontal or a vertical application? Explain your answer. 2. What software development and acquisition strategies should Sandy Shores consider? 3. Conduct an Internet search for online reservation systems, software, and services that Sandy Shores might consider. Describe your findings. 4. As a systems analyst, whatRead MoreThe Influences of Online Banking on Economics729 Words   |  3 Pageswhich people will pay. Online Banking is also one of the innovations especially in economics field. Online banking had and having huge impact on society and individuals. It also affects to economy as well as small and large businesses because online banking changed the way people make payments from one decade ago. Online banking is even faster than bank machines and it made payments easier. There are many reasons why people were influenced by online banking. Firstly, online banking is availableRead MoreBusiness Decision Making : Target Segment, Product Strategy, And Promotion Strategy1038 Words   |  5 Pagesface challenge and difficult to make a right way. Online Discount Retailer In twenty-one century, The ways of Non-traditional distributions are increasing rapidly. Such as Online shop, mail order or producer directly sells things to consumers, which is convenient for people shopping and give the firms, who wants to gain more benefit in the whole market. Among which online Discount Retailer become popular today. On 11, November 2015, China biggest online shopping site TAOBAO reached 120bn RMB in oneRead MoreThe Advantages and Risks of Online Shopping Essay1041 Words   |  5 Pagesinternet, online commerce become quite common and plays an important role in the modern world. The online business has booming development in these few years. US online retail sales raised an average of 11% in the first three months of 2009 (â€Å"US Online Sales Up,† 2009). The growth of online sales may due to the growing number of consumers who shop online. In the case of Asia, survey reported 77.6% of Internet users have online shopping experiences in 2003 (as cited in To, Liao Lin, 2007). Online shoppingRead MoreOnline Purchase Motivation Behaviors From Conscientious Shoppers Essay893 Words   |  4 Pagesis the stated research question or problem? The stated research question from Jen-Hung Huang’s and Yi-Chun Yang’s article titled, The Relationship between Personality traits and Online Shopping Motivations, observes the different purchasing behaviors from Conscientious shoppers and Extravert shoppers while shopping online. Furthermore, the article addresses that various speculations have followed the behaviors of Conscientious shoppers and Extraverts shoppers regarding how these type of shoppers areRead MoreBusiness Decision Making : Target Segment, Product Strategy, And Promotion Strategy920 Words   |  4 Pagesmarketing types. But the market conditions are changing. For firms, it is also difficult to make a right way. Online Discount Retailer In today’s society, The ways of Non-traditional distributions are increasing rapidly. Such as Online shop, mail order or producer directly sell things to consumers. Among which online Discount Retailer become popular today. On 11, November 2015, china biggest online shopping site TAOBAO reached 120bn RMB at one day. Retailer means the producer provide products to retailersRead MoreArgumentative Essay On Online Shopping750 Words   |  3 PagesOnline shopping, otherwise called electronic business, is not quite the same as the conventional one that it breaks the physical limit of the last one. Shopping should be possible using web program or mobile application. Purchasers can straightforwardly purchase merchandise or even administrations from the merchants over the Internet. Purchaser can look for everything, regardless of dress, books, sustenance or even money related items and carrier tickets using web. They can shop whenever they likeRead MoreBrand Comparisons - the Body Sho p and Lush986 Words   |  4 PagesBrand Comparisons - The Body Shop amp; Lush Part One â€Å"The growth of e-commerce has forced traditional brick-and-mortar retailers to respond.† (Philip and Kevin, 2012) As two leading brands in beauty product industry, The Body Shop amp; Lush perform well in their retail shops. I am interested in exploring their strategies to strengthen the marketing position. The beauty industry helps people to improve their appearance. Nowadays, far more than cosmetics and skin care products, the beautyRead MoreResearch Paper1655 Words   |  7 Pages Varying Definitions of Online Platform and Their effects on customers’ behaviors Research Meichen Qian University of California, Irvine HWID# 361 Author note Meichen Qian is now at Department of Social Science, University of California, Irvine. This researcher is a final paper for the Social Science 3A courses. Contact: Meichenq@uci.edu Abstract This paper explores five published articles that report on results from research conducted on online platform and the changes they madeRead MoreTaste And Cultural Opinion On Taste932 Words   |  4 PagesFUCKOFFEE is a coffee shop on Bermondsey Street located in the borough of Southwark in London. It has recently made the headlines around the world due to the shops exterior signage. The business owners were eventually threatened by the landlord with court proceedings and a legal injunction after the sign was brought to their attention. The landlord demanded that the sign must be changed so it no longer contained the word fuck as it was deemed inappropriate and not suitable due to the shops location and prominence

Intro to Accounting Notes Free Essays

Business Environment Accounting: The information system that measures business activities, processes the information Into reports, and communicates the results to decision makers. Two Major Fields of Accounting: 1 ) Financial Accounting: The field of accounting that focuses on providing information for external decision makers. 2) Managerial Accounting: The field of accounting that focuses on providing information for internal decision makers. We will write a custom essay sample on Intro to Accounting Notes or any similar topic only for you Order Now Certified Public Accountants (Spas): Licensed professional accountants who serve the mineral public. Certified Management Accountants (Camas): Certified professionals who specialize in accounting and financial management knowledge that typically work for a single company. Financial Accounting Standards Board (FAST): private organization that oversees the creation and governance of accounting standards. Securities and Exchange Commission (SEC): the US government agency that oversees the US financial markets. Generally Accepted Accounting Principles (GAP): the main US accounting rule book, created and governed by the FAST. Cost Principle: states that acquired assets and services should be recorded at their actual cost. Going Concern Assumption: assumes that the entity will remain in operation for the foreseeable future. Accounting Equation: Assets-Liableness + Equity Assets: an economic resource that is expected to benefit the business in the future. Liabilities: debts that are owed to creditors. Retained Earnings: capital earned by profitable operations off corporation that is not distributed to stockholders. Net Income: the result of operations that occurs when total revenues are greater Han total expenses. Revenues: amounts earned from delivering goods or services to customers. Expenses: the cost of selling goods or services. Steps to Analyze a Transaction Assets Liabilities + Equity (Contributed Capital Retained Earnings) Cash + Acts Race + Supplies+Land = Acts Payable + Common Stock – Dividends + Revenue – Expenses 1) Identify the accounts account type -Cash (Asset) Common Stock (Equity) 2) Decide if each account increases or decreases 3) Determine if the accounting equation is in balance Accounts Payable: a short term liability that will be paid in the future Accounts Receivable: business expects to receive cash in the future from customers for goods sold or services performed. 4 Types of Financial Statements 1) Income Statement: Reports net income/net loss of business for specific period 2) Statement of Retained Earnings: Reports how the company’s retained earnings balance changed from the beginning to the end of the period. 3) Balance Sheet: Reports on the assets, liabilities, and stockholders’ equity of the business as of a pacific date. ) Statement of Cash Flows: Reports on the business’s cash receipts and cash payments for a specific period. Return on Assets (ROAR): measures how profitably a company uses its assets. Return on Assets = Net income/Average total assets Average Total Assets = Beginning total assets + ending total assets 12 4 Reasons Stockholders Equity Can Change: Stockholders equity is broken out into two components, contribute d capital and retained earnings, as shown in the accounting equation. The basic component of contributed stock capital is stock. How to cite Intro to Accounting Notes, Papers

Work Environment Where There Are a Lot of Differences in Religion

Question: What Key Barriers to Effective Team Work by Diversity Are As Follows? Answer: Introduction In work places the formation of teams is aimed at reducing the pressure of work on people and also achieves the set targets within the needed time frame. When working in teams people are able to share responsibilities amongst them, assist one another in the completion of a hard task and also reach goals faster. For team work to be effective the members of the team have to be comfortable with each other and also embrace flexibility and adjustment. To have individuals come together is an easy task but how to make them perform is a bit difficult. Assigning them tasks is also easy but the expectation of best results from them is quite tough. Diversity is highly advised in any work place however it could be a barrier in some ways to effective team performance. Arguments to be used in the discussion (body) Diversity as a barrier to effective team work Positive effects of diversity at work place Diversity as a barrier to effective team work In work environments where there are a lot of differences in religion, race, gender and some more individual traits there is some expected negative impacts of diversity and this is in particular with poor management (Kearney and Gebert, p 81). However the negative effects are quite understandable if the culture of work is one that does not support acceptance of differences and tolerance. Key barriers to effective team work by diversity are as follows Communication barriers When dealing with employees that are from different countries and cultures one increases the communication filters numbers as well as barriers to language which may greatly impact both internal and external processes of communication (Avery et al., p 2). The more heterogeneous working cultures do not have difficulties with communication since their employees need not to work hard in overcoming culture and language issues. Some of the developed organizations often hire diversity trainers and language interpreters who assist employees in dealing with communication challenges associated with diversity. Working with different people from different cultures therefore comes with communication barrier issues. The organization has to undergo extra costs of hiring language interpreters. Its thus necessary for the companies to train their staff on the awareness of cultural differences and make then adopt the culture of tolerating differences. This encourages open discussion of their varied viewpoints (Avery et al., p 901). This leads to the avoidance of interaction or getting involved in conflicts. Cultural resistance There is too much resistance to adapt to changes in work places. When companies choose to become more diverse it means they are embracing flexibility. This means the relationship and nature of the workplace also changes. Some of the changes come with stress among employees and thus contribute to the negative relationships of working and poor morale at work places and this may be as a result of poor planning and management (Brewer, p 730). Its therefore important to train the employees on diversity and its importance in case it comes with effects on their processes and roles. Discrimination For any company that intentionally hires workforce that is diverse then it must have good human resources structures in place so as to be able to deal with diversity issues. For companies that slowly diversify with no strategic plan in place they could be met with issues of discrimination among employees, managers and subordinate staffs. Discrimination could be the unfair treatment of people due to some distinguishing traits (Jackson and Joshi, p 681). Its natural that if a workforce is more diverse then opportunities for discrimination could be high because diversity is mainly based on some unique traits of workers. Increased costs With diversity come a lot of costs related to development, diversity assessment and the implementation of plans that are related to workplace diversity as well as different approaches to trainings on diversity. The use of outside experts, consultants, supplies and other materials are either directly or indirectly costly. Some of the indirect costs include the time used by the staff in receiving training as well as providing training to their colleagues (McKay, Avery and Morris, p 780). Time costs could also be in the participation in some aspects of analysis and implementation of diversity management. Therefore the benefits of diversity are expected to outweigh the expenses of managing it. Provision of trainings in diversity and the creation of a culture of cooperation involve ongoing efforts for the management of time. Some companies go as far as hiring trainers who come in to enlighten staff members on the relevance of accepting other people and listening to their opinion. All these resources invested could not have any value if the said company gets limited benefits of embracing a workplace that is diverse (Davidson and Proudford, p 268). Diversity comes with an extensive structure that is accompanied with too many costs. Turn over Embracing diversity is good but if mismanaged then employee turnover tends to be high and this sends bad image of the company out there to the world. When employees feel like the environment they are working in is unsafe as a result of too much diversity they simply leave. The replacement of such employees who have been lost as a result of discontent is quite costly. This is because payments for hiring and training new employees are costly. The company may also risk the loss of some of their top talents to their main competitors if the culture provided at the work place is not safe and motivating. This unfairness could be as a result of too much diversity at work places (DeWall, Maner and Rouby, p 736). This issue of high turnovers can be dealt with if diversity is managed to low margins so as to be able to understand the needs of each employee at work places. With too much diversity the process of conflict resolution becomes extensive and may not be satisfactory to all the staff thu s causing the high turnover. Unresolved conflict There are greater potentials for conflicts among employees of a company that embraces diversity because of the many cultural, social and religion differences that come with diversity. People come in with different perspectives when it comes to handling concerns or issues raised. This is as a result of failing to see or understand where the other person comes from. This in result prohibits the effective conflict resolution process (Blackhart et al., p 270). Once an employee realizes that they are not able to find a common agreement in conflict resolution they tend to give up. This then gives room for ill motives and feelings to prosper and thus create a negative tone in the company. With little diversity conflicts can easily be resolved unlike when one is working with a huge number of staff from different cultures. Integration issues The integration of people at work socially is only influenced to a small degree. At times its difficult to control the formation of exclusive and clique social groups (Bilimoria, Joy and Liang, p 431). Due to this there are a lot of informal divisions among staffs and creation of situations where the employees that are culturally diverse seem to avoid exposure to other members of staff during breaks and even after work. This scenario is not fundamentally wrong but it can greatly hinder the ability of information sharing and exchange of skills and experience. In this way it curbs growth in productivity and the effectiveness of teams. Its therefore advised that embracing diversity should be done moderately putting in mind all the positive and negative impacts. However these negative effects on diversity should not discourage companies from embracing diversity. Following good strategic planning the management at the top can work on enhancing positive effects of diversity and reduce on the negative ones Positive effects of diversity at work place Despite the barriers that come with diversity at work places its one of the things that has some positive impact on any organization if well utilized by both managers and team members. For example there is increased adaptability because employing of a diverse group of people comes with great number of solutions to any problems arising and different talents are also brought on board (Acquavita et al., p 158). People are also able to make various suggestions which could be flexible and easily adopted into the fluctuations in the market and client demands. There is also broader service range that comes with diversity due to the presence of several collections of skills and experiences thus provision of services becomes global. The viewpoints are also diverse when it comes to adopting diversity at work places this is achieved if the diverse group of people is free and comfortable to share their views on the running of the said company. There is also some more effective execution that comes with diversity at work place (Jackson, p 99). This is because workers are inspired to work to the best of their ability and thus execution of company wise strategies becomes easier. Diversity is one good thing to be embraced in any work place. This is because it provides an environment that is comfortable to the staff and it also brings many ideas on board. This in return ensures the company grows to bigger territories. However with diversity come some negative effects. The embracing of diversity should be done moderately putting in mind all the impacts. For instance diversity in races comes with language barriers which prove to be costly when it comes to hiring interpreters. Despite all these diversity in general is termed to be a barrier to effective team work and should therefore be adopted with caution. References Blackhart, G. C., Nelson, B. C., Knowles, M. L., Baumeister, R. F. 2009. Rejection elicits emotional reactions but neither causes immediate distress nor lowers self-esteem: A meta-analytic review of 192 studies on social exclusion. Personality and Social Psychology Review, 13: 269-309. Jackson, Susan E. (Ed); Ruderman, Marian N. (Ed). Diversity in work teams: Research paradigms for a changing workplace. Washington, DC, US: American Psychological Association Diversity in work teams: Research paradigms for a changing workplace.(1995) p. 99 Acquavita, S. P., Pittman, J., Gibbons, M., Castellanos-Brown, K. 2009. Personal and organizational diversity factors impact on social workers job satisfaction: Results from a national Internet-based survey. Administration in Social Work, 33: 151-166. Avery, D. R., McKay, P. F., Wilson, D. C., Volpone, S. 2008. Attenuating the effect of seniority on intent to remain: The role of perceived inclusiveness. Paper presented at the meeting of the Academy of Management, Anaheim, CA. p 2 Bell, M. P. 2007. Diversity in organizations. Mason, OH: South-Western.p 5 Avery, D. R., McKay, P. F., Wilson, D. C., Tonidandel, S. 2007. Unequal attendance: The relationships between race, organizational diversity cues, and absenteeism. Personnel Psychology, 60: 875-902. Bilimoria, D., Joy, S., Liang, X. 2008. Breaking barriers and creating inclusiveness: Lessons of organizational transformation to advance women faculty in academic science and engineering. Human Resource Management, 47: 423-441. Brewer, M. B. 2007. The importance of being we: Human nature and intergroup relations. American Psychologist, 62: 728-738. Davidson, M. N., Proudford, K. L. 2008. Cycles of resistance: How dominants and subordinates collude to undermine diversity efforts in organizations. In K. M. Thomas (Ed.), Diversity resistance in organizations: 249-272. New York: Taylor Francis Group/Lawrence Erlbaum. DeWall, C. N., Maner, J. K., Rouby, D. A. 2009. Social exclusion and early-stage interpersonal perception: Selective attention to signs of acceptance. Journal of Personality and Social Psychology, 96: 729-741. Jackson, S. E., Joshi, A. 2011. Work team diversity. In S. Zedeck (Ed.), APA handbook of industrial and organizational psychology: Vol. 1. Building the orgnization: 651-686. Washington, DC: American Psychological Association. Kearney, E., Gebert, D. 2009. Managing diversity and enhancing team outcomes: The promise of transformational leadership. Journal of Applied Psychology, 94: 77-89. McKay, P. F., Avery, D. R., Morris, M. A. 2009. A tale of two climates: Diversity climate from subordinates and managers perspectives and their role in store unit sales performance. Personnel Psychology, 62: 767-791.