Regular basis Essay Example for Free

Regular basis Essay The new four day work week is causing frenzy in the corporate world as more employees are writing proposals for a compressed work week. The advantages of this short, long-hour work week is the security of a full-time income in a fewer days of the week. Professionals with families and other social responsibilities are finding these advantages a great way to add more fulfilling events in their lives. The advancement of technology has allowed many professionals to remain home to complete majority of their assignments while shortening their commute to work on a regular basis. The advantage of a short week also gives professionals an opportunity to recuperate every other day instead of prolonged work hours as a regular 40-hour week. With these great opportunities comes more responsibilities including increased workload in less days, increased hours per work day, and childcare expenses to cover additional work hours in the four day week. The increased workload comes from the additional hours added into one work day versus the consistent 8-hour day many professionals work now. In reality, today’s professionals work approximately 50-60 hours a week anyway. A compressed work week could turn into 13-14 hour work days if they are not careful. The prolonged working schedules can increase the employee’s likeliness of high-stress, burnout, and fatigue from constant demands. Some professionals feel these advantages outweigh the disadvantages of the four day week. The impact of this opportunity affects the professional more than anyone. Employers must think of the workloads they are offering their employees, but the responsibilities to make those decisions are primarily up to the professional. The needs of freedom and consistency means there is a price to pay for the work completed by many professionals. Professionals driven by the four day work week could offer employer’s an opportunity to recuperate from a rigorous schedule too.

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You maybe, as many people are curious of where online shopping came from? When did it start? Did someone invent it? And how was it created? In 2011, Michael Aldrich published a claim that he had invented online shopping in the United Kingdom in 1979, using a standard dial up telephone line. He connected a modified domestic television to a real-time transaction processing computer to create the Aldrich system. During 1980s he launched the Redifon's Office Revolution that allowed the consumers, distributors, suppliers and companies to be connected on-do business transactions. From 1980 onwards, the system is only used for business to business system and transaction only but during the widespread availability of the internet and computer systems during the 1990s the business to consumer online shopping started to become financially viable. (Michael Aldrich Archive. 2011) Online or e-shopping is a part of e-commerce and a process that allows the consumers to buy products, information and services through the internet. Since the generation today has high technology, it is one of the factors that encourage the people to do online shopping, rather than doing the traditional way of going to the market and store. (Gans. 2011) Shopping online is fast growing to be part of our everyday lives. Increasingly people are using the convenience of online shopping due to people having computers in the home along with high speed connection. Online shopping and visiting an online shop enables the customer to search, find, order and pay for the products, information and services that they need. To be able to do online shopping, one must visit an online shop, like a website or an account in the social networking sites that sells products. The payment o... ...s that online shopping undergoes is revealed. The diagram shows simplicity and can be easily done, that’s why people tends to be an online shopper now a days. Online shopping offers a lot of benefits for the customers. The researcher used different methods of collecting information that was used in this research paper. The researcher gathered information in the internet and in the library. They visited different reliable and credible websites and looked for recent articles and data that were used for the betterment of this research paper. The researchers did a survey to gather some numerical data about the customers who are engaged into online shopping. They did random sampling and gave out approximately 50 survey papers to different people aged from 14-30. These methods where used in order to make this research paper about online shopping credible and factual.

Case Brief: Mercan Systems,

Background and Problem Definition Mercan Systems, Inc. founded in 1980 their first product being a desalinator which was used to remove salts from brackish well water supplied it to mobile home park residents in Florida. The product was very successful in the market and it quickly expanded to nearby hospitals and bottlers of water for sale to consumer. By 2000, they made vast improvement in their product by including particle filters, ozonators, ion exchange resins, and purifiers. It had kept its price higher than its competitors.They launched a new product and wanted to formulate an entry strategy for the market entry of Delight water purifier in India. Market and Industry Analysis There were approximately 44 million households who took precautions and all the safety measures for their family. About 50% of the target market used traditional boiling water method, 20% used candle filters and another 20% used water purifiers. The major competitor for Mercan was Eureka Forbes who mainly had two products namely Aqua guard and Pure sip. The unit prices for Aqua guard and pure sip were approx. Rs. 5500 and Rs. 2000.Apart from this there were other companies like Ion Exchange, Singer, and Delta Brand. On more careful observation Chatterjee found out that maximum Sales were from urban areas where the existing manufacturers were reaching only 10-15% of the entire Indian population. Evaluation of Alternative course of Action 1. Direct Acquisition/Joint Venture Looking at the estimated sales figure from Exhibit 3 we find that the Sales were approximately 430000 units. Analyzing it further we see that in case we adopt the skimming price strategy and sell products through Dealer channel we can estimate a sales of 279. million INR in comparison to 129 million INR in case Penetration strategy. We observe the same thing for Direct Sales we can see that in case of skimming strategy the estimated sales were 215 million INR and in case of penetration strategy it was 86 million IN R. (Exhibit 1 for the analysis). The pros and cons for adopting the strategy will be: – Pros: There is a huge opportunity to gain market share with new technology. Cons: Initial investment is Rs. 30 Million is pretty high. Moreover Joint Ventures may turn out to be complicated as it will involve people with different mindset and working style. 2. LicenseeConsidering the total cost incurred for licensee 35000 USD (Exhibit 2) and estimated sales contribution as 129 Million INR (Exhibit 3) Pros: It has minimal cost and is of less risk. It can receive royalty from licensee. National staff can be hired with minimum salary Cons: No control over licensee’s operation Conclusion My recommendation will be they must go with option 1 which is to enter India’s market using joint venture/ acquisition mode of entry. Exhibit 1 Estimated Sales in units = 430000 units Contribution per unitCalculationsEstimated Sales Skimming Price through Dealer Channel650=650*430000279. Million INR Penetration Price through Dealer channel300 =300*430000129 Million INR Skimming Price through Direct Sales force500 =500*430000215 Million INR Penetration Price through Direct Sales force200 =200*43000086 Million INR Exhibit 2 capital for production facilities and equipment30000 USD office facilities and equipment. 5000 USD Total investment35000 USD Exhibit 3 Contribution per unit (Average royalty per unit)300 INR Total no. of units sold (estimated) i. e. , National market potential430000 units Estimated Sales contribution300*430000=129 Million INR

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