Journal - About Blogging - 825 Words

Journal - About Blogging (Coursework Sample) Content: Journal - About Blogging Name: Institution: Course: Tutor: Date: Journal - About Blogging Source of Information in Blogs My evaluation of different blogs has helped me to learn a lot about the information provided in blogging sites. One of the things I have learnt is that most blogs provide information on specific topics, such as technology, academics, science, and law and among others (Blog Directory, 2013; & Google, n.d.). Reliability of Information in Blogs The reliability of the information I read in the above blogs is debatable. On the one hand, it can be argued that some of the information provided by these blogs is not reliable in the sense that it is posted by unprofessional writers (Google, n.d.). It is also important to note that most blogs tend to subjective in nature. They lean towards the pinions and personal perspectives of the bloggers (Brown, n.d.). On the other hand, it can as well be argued that the information provided by blog s is reliable due to the fact that it is updated frequently (The Pioneer Woman, 2013). It also needs to be pointed out that some prominent bloggers are professionals in specific areas of specialization (Medical Device Blog, n.d). A Good Blog The content of a good blog should be original and free of plagiarism. Plagiarism normally tarnishes the reputation of bloggers. A good blog should contain relevant and appealing information about things and issues that people want to know. Bloggers should ensure that they present their topics in a unique and exciting manner. A good blog should also make use of a variety of images. Unlike words, images tend to convey more information. It is also important to note that a good blogging site should have at least one post per day. Regular posts tend to attract readers back for them to see the new content. A Bad Blog A bad blog is one whose content is based on information which is plagiarized. Such a blog lacks originality an authenticity. A bad blog tends to be irrelevant and less engaging. Readers don’t waste their time on these kinds of blogs. A bad blog can as well be misleading and confusing. An example is a blog which covers many topics and issues. Majority of bad blogs are those ones based on an offensive content. This is common in cases whereby bloggers tarnish the reputations of other people. Bad blogs also tend to have many grammatical errors and mistakes. Readers normally shun posts from such bloggers. Place Held by Blogging in Business Today Businesses have found blogging sites to be important instruments they can use in advertising their products. Today, there is no need of using advertisement agencies as intermediaries. Business companies and business owners use blogging sites to contact their customers directly. The usage of blogs is also an effective method through which companies share their expertise and knowledge with their employees. Blogging serves as the best alternative for small business that ca nnot afford websites. Today, many new business companies specializing in blog advertising have emerged. Majority of business blog entries and posts are in form of opinions, feedbacks, reviews and videos. Blogging and Availability of Information Today Blogging has contributed to a wide variety of information available to readers today. Blogs provide an inexpensive source of information which can be accessed easily. The information provided by blogs helps readers to make important decisions about certain issues of concern. Some bloggers are professional writers. Information posted by such bloggers can be of great help to scholars who are researching certain topics. Advantages and Disadvantages of Blogging over Traditional Formats of Information (Such As Newspapers and Magazines) Blogging is associated with several advantages. To begin with, some good writers may not get an opportunity of communicating their ideas through newspapers and magazines. Blogging provides such writers with a n outlet through which they can express their individual creativity. Blogs tend to be an inspiring source of information. Blogging sites provide business companies with an inexpensive platform through which they can advertise their products. Advertising agencies use blogs in contacting their customers directly. Sharing ideas about a given issue can inspire other people to look at the issue from a different perspective. Additionally, blo...

How Competitive Forces Shape Strategy - Free Essay Example

Sample details Pages: 4 Words: 1237 Downloads: 2 Date added: 2017/06/26 Category Economics Essay Type Analytical essay Did you like this example? How Competitive Forces Shape Strategy In 1979, a young Harvard Business School associate professor published his first article for HBR, How competitive forces shape it to strategy? In subsequent years, the explanation of Michael Porterapos;s five forces that determine the long-term profitability of any sector formed the basis of a generation of academic research and business practices. In this article, Porter reaffirms and extends its rigorously classic work on strategy development, and includes substantial new sections that show how to implement the Five Forces analysis. The five forces define the structure of profit from one sector to determine how the economic value created is distributed. That value could be undermined by the rivalry between existing competitors, of course, but also may weaken because of the power providers and power buyers, or may be limited by the threat of new entrants or the threat of substitutes. The strategy can be seen as the prac tice of building defenses against the competitive forces or as finding a position in an industry where the forces are weakest. Changes in the strength of the forces indicate changes in the competitive landscape that are key to the continued development of the strategy. Although at first glance may seem industries very different from each other, the underlying drivers of profitability are the same. The global automotive industry, for example, seems to have nothing in common with the world market for works of art or the heavily regulated European health sector. However, if we want to understand industry competition and profitability in each of these three cases, we must first analyze the five forces that shape their common underlying structure: the threat of new entrants, the influence of the suppliers, the influence buyers, the threat of substitutes and rivalry among existing competitors. If these forces are intense, as in sectors such as aviation, textiles or the hotel, almost no company gets returns on investment. If the forces are benign, as in industries such as software, the soft drinks or toilet articles, many companies are profitable. What drives competition and profitability is the structure of the industry, manifested in the competitive forces, and not the fact if it produces a product or service if emerging or mature, if it is high or low tech, or is regulated or not. The article states that understand the competitive forces and their underlying causes; it reveals the origins of the current profitability of an industry while providing us with a framework for anticipating and influencing competition and profitability over time. The healthy structure of an industry should be a competitive aspect to be considered by strategists, like the position of your company. This understanding of the structure of an industry is also essential for effective strategic positioning as defend against competitive forces and to mold them for the benefit of the com pany are crucial aspects of the strategy. Threat of new applicants: Applicants to enter an industry bring new capacity and a desire to obtain a market share that puts pressure on prices, costs and the rate of investment needed to compete. Especially when new aspirants come from other industries and decide to diversify, they can influence the existing capacity and cash flows to stimulate competitiveness, which is what Pepsi, did when he entered the bottled water industry, Microsoft when it started offer Internet browsers or Apple when he joined the music distribution business. As per my understanding, the threat of entry marks therefore a limit to the potential benefits of an industry. When the threat is real, members must reduce prices or increase the investment to stop new competitors. Sales of coffee consumption, for example, the relatively low entry barriers forced Starbucks to invest aggressively to modernize their cafes and menus. The influence of suppliers: The influe ntial suppliers hold more value for themselves by charging a high price, limit the quality or services or to transfer their costs to industry participants. Powerful suppliers, including those who provide labor, can get the maximum return of an industry that cannot pass increased costs to the final price. So, Microsoft has contributed to the erosion of profitability among producers of personal computers rising prices for operating systems. The influence of buyers: The influential customers, providers can capture more value to force prices down, demanding better quality and more features (which drives up costs) and facing generally the various participants in an industry. Buyers are powerful if they have negotiating leverage on the participants in an industry, especially if they are sensitive to price, because they use that weight to put pressure on the price reduction. The threat of substitutes: A substitute performs the same or similar to the product of an industry function, b ut in different ways. Videoconferencing is a substitute for travel. Plastic is a substitute for aluminum, etc. We have a substitute when we can do without a product, when prefer to buy a used one instead of buying a new one or when the consumer makes. When the threat of substitutes is high, industry profitability suffers for it. As per my understanding, the substitute products or services limit the performance potential of an industry by placing a ceiling on prices. If an industry does not distance itself from substitute through the services offered by the product, marketing campaigns or other means, it will suffer in terms of profitability and often inhibit its growth capacity. Rivalry among existing competitors: The rivalry between existing competitors takes many familiar forms, including discounts on prices, new product enhancements, advertising campaigns and service improvements are included. The degree of competition that lowers the profit potential of an industry depends , first, on the intensity with which companies compete and, second, of the basis on which they are competing. To explore the implications of the framework of the five forces Porter explains why a rapidly growing sector is not always profitable; how to eliminate competitors through mergers and acquisitions can reduce the potential profitability of a sector; how government policies play a role by changing the relative strength of the forces; and how to use the forces to understand the ins. Then it shows how a company can influence the key forces in the sector to create a more favorable to them or expand the pie for all structure. The five forces reveal why profitability of the sector is making it. Only a firm understanding them can incorporate industry conditions in the strategy. Managers must clearly distinguish operational effectiveness of the strategy. Both are essential, but their agendas are different. The article also states that the operational agenda deals with the conti nuous improvement in all dimensions in which we must not give up something to get something else. It is the right place for constant change, flexibility and tireless efforts to optimize practices. By contrast, the strategic agenda is the right place for defining a unique position to opt for certain things to the exclusion of others and increase the lace. The strategic agenda demands discipline and continuity; His enemies are scattering and compromise. In my opinion, maintain a strategic continuity does not mean having a static view of competition. A company must continually improve its operational effectiveness and should actively seek to change the productivity frontier. At the same time, people have to try to extend its field of uniqueness and to improve the fit between their activities. The strategic continuity should make continuous improvement of the company to be more effective. Don’t waste time! Our writers will create an original "How Competitive Forces Shape Strategy" essay for you Create order

A Brief Note On The American Homeless Populations

American homeless populations are around 71% in central cities. Bigger cities tend to have larger numbers of programs in place to help. Knowing this drives homeless people to larger cities increasing the percentage of homeless in these cities. When a person thinks of their career they move where the jobs are, on the other hand homeless people go where the help is. Not saying helping them is a bad idea, but it should be more spread out across our nation to reduce high percentages. To install another program like free/reserved hotel rooms would only increase the homeless population in the areas allowing it to happen. An increases in homeless population has an adverse effect on the hospitality industry. When the rates go up neighborhoods†¦show more content†¦Though it may be a hassle at times, it is only there for our protection. â€Å"Meet and greet. One of simplest, but most effective, ways of securing a property is to provide excellent customer service. â€Å"Engage customers you encounter,† Clifton says. â€Å"Ask them about their stay and if there’s anything you can do to help. You don’t have to throw more labor at security. Just make employees a little smarter.† By talking with people on your property, staff can determine if there’s a non-guest who may intend to commit a crime. Employees should also look out for people who don’t fit the profile of the hotel’s typical guest,† (Donaldson). The hospitality industry is very clientele based. From area to are, the demographic changes and so do the establishments. Hospitality is always progressing with new technology and changes in the area. One man/woman can own 4 bars in different cities but they will all be different due to location. For these reasons it is easy to tell when someone is out of place. Most homeless people do not have a credit card, nor ID cards. If a hotel reserved rooms how would they truly know who was staying in the rooms. You could walk into a hotel offering these programs and say you were homeless, so why couldn’t someone with harmful intentions. Many people would not feel safe if the precautions were not put in place. Hotels are meant to make you feel at home while away from home. If a person is not comfortable they are less likely to enjoy

Global Strategy Organizing Framework

Question: Discuss about the Global Strategy for Organizing Framework. Answer: Introduction: This review will investigate and examine the article 'Global Strategy: An Organizing Framework', written by Sumantra Ghoshal in1987. This journals aim is to give Managers, business top officials of a multinational organization, with a proposed entry framework into the global markets. It also educates them on the issues and analysis that will assist in maintaining, and acquiring a large market share at a global level. Global strategy, viewed as universal business terms, ended up plainly famous in the twentieth century Dunning and Lundan (2008). It is a multinational organization's vital manual for globalization, because of the differing qualities of topography and economy. In this article, the writer essentially concentrates on a progression of significant issues to worldwide methodologies Motohashi, (2015) He dissects the changing and creating ideas of worldwide methodology from various authors. In the wake of showing the significance of an organizing framework for a companys administration, he set up the destinations and methods for global strategies. This article is critical in that it gives a fundamental direction to managers and high-ranking officials of universal organizations to audit their strategies. However, the author in this article has not proposed some other new assessments for accomplishing genuine international strategies yet but simply incorporating the current ones to shape rules. Multiple perspectives of global strategy Before the author stipulates an organizing framework, he introduces the different varieties of viewpoints and solutions made by different writers in the field. Among various writers who call attention to the points of view and ideas of global strategies, the article, for the most part, examines Levitt's, Hout's, Hamel and Prahalads. He clarifies that the contrast amongst these writers and their perspectives on worldwide strategies vary and how to oversee them are not constrained. He gives a concise understanding into their perspectives and how on different events, these perspectives may repudiate each other in their own perspective yet none of these is censured. Before planning a system, directors need to realize that is genuine technique. Sumantra has made a full hypothetical ramification for supervisors to think about the significance of the strategies to use. Then again, there are some equivocal and confounding discoveries in the present writing, which will block the use of the worldwide procedure in genuine practice Ebert and Griffin (2014). What's more, this article simply calls attention to a few solutions on the theme of global strategies; however not make a conclusion that which one improved in the genuine honing. Global strategy: an organizing framework By coordinating of existing writing, the writer recreates another framework comprising of three classes of key targets and three sources of preferred standpoint accomplished by them, illustrated in the table. It demonstrates that those three factors join in achieving profitability, identifying risks involved and technology advancement and education Johnson (2014) An effective global strategy demonstrates a superior advantage in global venture. This preferred standpoint id defined from market forces location differences. A company's scheme can give a firms executives the general direction to breaking down the market enviroment when configuring global strategies The author builds this scheme by checking on and dissecting a progression of existing works of literature, which just focuses on the outer examination of worldwide rivalry, yet overlooking the inward variables Rothaermel ( 2015). In the wake of creating of worldwide monetary correspondence, a few experts have grasped a recently developing hypothetical point of view, the asset-based perspective of methodology. In his system, he interfaces the customary mechanical association based hypothesis with new asset based hypothesis to frame a strong hypothetical establishment Zhang (2009). He considers the external global elements and internal mechanical execution. Creating from Sumatra's system, his new technique mode has broken the restrictiveness of lacking administrative ramifications. In the global exchanging, expansion of organizations' execution is possible in that it has a fitting framework that can take great utilization of key internal assets, and opportune react to external difficulties. To some degree, global strategy is not a solitary equation of institutionalization but rather a multidimensional and rational planning of activities. Global strategy: risk management After a short presentation of the general structure of worldwide methodology, the creator swings to an itemized examination of two measurements of its framework. The primary measurement is about the key points . The second measurement is the three instruments to pick up an upper hand to accomplish the points. managing risks is one more extensive target of vital administration, which is to make esteem which is resolved not just by the profits that particular resources are relied upon to create additionally by the hazard that is accepted simultaneously In the article, the writer talks about various types of risk that universal organizations will take. The examination of key the points will give multinational firms general ramifications when they settle on worldwide vital choices Motohashi (2015). Macroeconomic risks, which are uncontrollable by the multinational companies, alludes irregular changes in the financial condition Political risks, allude to a progression of approach activities from national governments such promotion lawful activities, administrative activities et cetera. Competitive risks meaning the unsteadiness about rivals' exercises or change of centered advancement A resource risk the shakiness about contenders' exercises or change of is a nonappearance of reasonable human resource, advancement or capital focused development.. Macroeconomic risks are volatile and must be identifies and analyzed while making decisions Montresor and Vezzani (2015). Nevertheless, the market variables are continually changing when, so do the dangers. The indispensable undertaking is to take into consideration these perils together with respect to particular key decisions. The threats cannot be separated in a global market area that should be of general concern. Global strategy: innovation, learning, and adaptation Multinational enterprise, which expanded its organizations in various nations, will be affected by strife culture, conflicting qualities, diverse financial circumstance, topography etc. To expand extra leases from abilities disguised by the organization, the activities of advancement, learning, and adjustment viewed as a critical instrument. To the extent, the author is concerned, technology advancement, learning, and adjustment, which is known as the differing qualities of internal capacities, will enhance the company's survival probability and aggressive execution in the globalization economy Sadgrove ( 2016). Keeping in mind the end goal to demonstrate the significance of inside differing qualities abilities, the creator takes a case of PG, pushed on the Wall Street Journal in 1985. Indicated that it takes great utilization of the potential for taking in, the worldwide association must see learning as a particular and exact target. Components and frameworks ought to be pushed figuring out how to happen Manuj ( 2013). Nevertheless, base full hypothetical establishment, there is no a further research of dependability and legitimacy in this diary. It does not have a thought regarding what sort of realizing model needs to work to make the learning objectives accomplished in the genuine living. Dunning (2008) has depicted a conclusion that development, learning, and adjustment is a coordinated instrument to improve the survival potential outcomes and practicability of firms when they confront increasingly furiously erratic and unverifiable condition changes. Conclusion This audit has both abridged and evaluated Ghoshal's article "global Strategy: An Organizing Framework''. The structure, openness, substance, qualities and restrictions of the article were investigated and scrutinized. The author is dependable, exact and current. The article has looked at the important scrutiny on existing and the developing literature on universal rivalry and the suggestions give potential outcomes to future research in this field. The article has added to a superior comprehension among the business group of the focal points and disservices, for the globalization of multi participations. References Dunning, J.H. and Lundan, S.M., 2008.Multinational enterprises and the global economy. Edward Elgar Publishing. Ebert, R.J., Griffin, R.W., Starke, F.A. and Dracopoulos, G., 2014.Business essentials. Pearson Education Canada. Motohashi, K., 2015.Global Business Strategy. Springer-Verlag GmbH. Johnson, P.F., 2014.Purchasing and supply management. McGraw-Hill Higher Education. Jones, G., 2013.Entrepreneurship and Multinationals. Edward Elgar Publishing. Manuj, I., 2013. Risk management in global sourcing: Comparing the business world and the academic world.Transportation Journal,52(1), pp.80-107. Montresor, S. and Vezzani, A., 2015. On the RD giants shoulders: do FDI help to stand on them?.Economia e Politica Industriale,42(1), pp.33-60. Motohashi, K., 2015. Changes in the Global Economic Environment. InGlobal Business Strategy(pp. 41-55). Springer Japan. Motohashi, K., 2015. Strategy Integration at the Global Level. InGlobal Business Strategy(pp. 243-253). Springer Japan. Rothaermel, F.T., 2015.Strategic management. New York, NY: McGraw-Hill. Sadgrove, K., 2016.The complete guide to business risk management. Routledge. Zhang, X. 2009Analysis of Globalization strategy of multinational companies,Shandong Normal University.