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Technology implementation in business
Introduction about technology in business
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Introduction: Arriva company was founded in 1938 by Cowie family in Sunderland as a (second-hand motorcycle shop).The company started to become bigger during the 90th, especially in 1997 by making its first deal in mainland Europe. Nowadays, Arriva is controlled by Deutsche Bahn and they became one of the leaders on transport market in Europe. Moreover, the company has around 54,500 employees who are serving in 14 various countries in Europe. They transport around 2 billion passenger through year. Arriva offers to their customers numerous ways to transport by having a lot of services for example: inter-urban commuter coaches, trams and light rail, water buses, local buses, train and airport transport services and other things. Arriva sales has …show more content…
Businesses cannot change these factors; however they must adapt them to be success in their competitive market. First of all, the economic environment which consists of numerous factors. For instance: Gross Domestic Product, Profit earning rate etc. It has a quick impact on the business which means that if any changes happened in the economic environment business must directly follow it. It could be like bonds for the business or may create new chances. Second feature (factor) is social environment will depend on where the business is exit. Countries have different demographics and culture. Culture will depend on imitation and customs of the region, while demographics depend on the segments of the country if the product can be suitable there or not. For example: Japan has high percentage of old people, however, India has high percentage of young people. After long time social environment will have an excellent effect on the business. Technology relies on how the product quality is improving by using various tools and machines. Any business should proceed the new technology in his industry, therefore he could remain in the competitive
- If all of the options were explored, and patient is given antibiotics and is treated without any pain or suffering than the treatment identifies with the ethnical principles of autonomy, non-maleficence, and veracity. In turn, Mrs. Dawson will be happy with the outcome of the procedure.
The role of Advanced Practice Registered Nurses (APRN) in health care has been identified as a critical role in the goal to provide high-quality health care. APRNs have a bigger role to play in the health care system and it is important that students are provided with relevant and valuable knowledge as well as experience that improve their abilities. Achieving course objectives are critical for APRNs with the goal of contributing positively to the health care system. As a future APRN, I place high priority on life-long learning and the development of other people’s skill sets. All duties associated with health care require a dedication to excellence and selflessness. These are two components of learning that will improve the capabilities of
In 2014 DaVita’s return on investment (ROI) ranked third highest in the industry (“DaVita 's ROI”, n.d.). The organization reported an average ROI of 4.96%, ROI has increased since 2012 (“DaVita 's ROI”, n.d.). Market share is a way to evaluate the portion of an industry held by an organization, a measure of performance relative to the competition (“Market share”, n.d.). In 2014 DaVita held a third of the global market share while their biggest competitor, Fresenius, had a five percent lead in market share. Experts believe DaVita has no reason to worry their shares “over the past year, DaVita has a 10% lead on Fresenius and that lead only increases at the two-year (roughly 60%), and five-year
Aetna, Inc. was established in 1853 and offers health insurance options for purchase. The main product portfolios include health insurance products with medical, dental, pharmacy, behavioral health, group life and disability plans. This essay will analyze the company’s structure and environment and provide recommendations on strategies that the company could take to improve performance.
Vanguard Case Analysis After reading through the Vanguard case, there were a few difficult forks in the road that Vanguard seems to be facing. The company’s future can be greatly affected by some of these difficult choices. Vanguard has to decide whether to change their investment offerings, further develop Internationally, or to simply advertise to increase their client base. Top managers at Vanguard have to step up to the plate and rollout detailed plans as to what path the company should take regarding some of these issues. Through our in-class discussions, the majority of the students argued on one major problem that Vanguard was facing.
Environmental – External environmental factors are forces or trends that can affect a business whether it is an opportunity, threat, or constraint. They can be divided into three interrelated subcategories of remote, industry, and operating environments. The remote environment includes factors beyond a company’s operating situation such as the economic, social, political, technological, and ecological factors. The industry environment includes factors that have more of a direct influence on a company’s business such as entry barriers, competitor rivalry, the availability of substitutes, and the bargaining power of buyers and suppliers.
Business environment refers to factors that determine the productivity and profitability of a company. This concept is divided into two which are internal and external factors. Then the factors that will be of importance in this discussion are management and competitors’ style. First Competitors, they are the first external barriers that usually a successful company face, to overcome from this especially country like Malaysia they have much more technology developed and opening a Walt Disney is not an easy thing. Walt Disney has numerous competitors and complements in their quest in order to succeed in business operation. Other theme parks besides those of Walt Disney exist, also able to attract people within the United States and other parts
Organizational Change "The effectiveness of organizational change is greatest when a firm’s strategy is consistent with environmental conditions and there is internal consistency." (D A Nadler, 2003:204) The only thing that is constant in this world is change and this is widely acknowledged by many in the world, may it be a corporation or a social forum or a governmental body. What comes in this world has to experience change in the light of environmental elements and pressures and influences, internal or external. The study of organizational behavior gives that environmental factors are the political, legal, economic, demographic, technological, social and societal. While these are the external environmental factors that are and cannot be counted among the controllable factors for an organization, they do in fact influence organizational structure, policies and strategies. In turn, the internal environment of the organization, that is very much controlled by the management of the organization and comprises of the top to bottom managerial levels, the staff, the employees, the board of directors, the owners etc. this internal environment, is to a great extent the result of external environmental factors, the change of which results in the direct impact on the internal environment of the organization. As such in lieu of external environmental factors; change agents with in the organization tend to accept the change in their external factors and tries to bring about a compatible change within the internal environment of the organization. The effectiveness of the change that is being brought about with in the organization as a result of the changing external environmental forces is best when, as described by Nadler, the internal facto...
Economic factors affecting negative or positive way the companies. The inflation and currencies rates have big influence.
Uber was formed in 2009 and after its historical success; it planned to expand into other countries like China, India Pakistan etc. The current challenge for Uber is the competitors in China and different regulations in these countries. Uber is facing challenges from two of its main competitors in the China. It hardly got rides of 1 million on a daily basis in China. Uber sales are slow in these countries. Now, the company is planning to think about the expansion strategy and its effect on the operations of the country. The important question here is to recommend that whether it should expand into other countries or only focus on the United States.
Businesses play a significant role with the economies of all countries, whether developed or developing. It contributes to the welfare of the society through the satisfaction of needs, provides a source of livelihood to millions of people worldwide. Businesses do not operate in vacuums but operate within business environments. The events in the environment of a company have a direct effect on the success or failure of that company. According to Jain, Trehan and Trehan (2009), business environments can be categorized in two: (1) internal business environment; (2) external business environment. Institutions and organizations are usually in a position of controlling their internal business environment. By doing so, they gain the ability of affecting their institutional performance. On the contrary, it is difficult for a business to control the external environment; however, businesses can identify in advance the opportunities and threats presented by the external environment and take decisive actions to ensure its continued success (Jain, Trehan & Trehan, 2009; Goyal & Goyal, 2009).
International Factors:- Factors such as political, cultural and social factors may vary from country to country. These differences in factors and development in countries outside the organizations home country effects the organization tremendously. For example if there is even a slight change in the currency value of the country from where the organization purchases its resources like raw material, etc. causes a great impact in the company’s overall profit and loss.
With the proliferation of the internet international Business transactions are more common today than ever. Globalization is now a key factor when creating a business strategy for most companies whether they are small family own businesses or huge corporations. Globalization however does not just involve selling a product in other countries. There are legal and cultural concerns that must be addressed. The legal aspects are fairly simple because in most places the laws are spelled out. It's the local customs, and regional way of doing things that can be tricky. Research on globalization has shown that it is not an omnipotent, unidirectional force leveling everything in its path. Because a global culture does not exist, any search for it would be futile. It is more fruitful to instead focus on particular aspects of life that are indeed affected by the globalizing process. (1). In this new economy, as it has been in the past, it will be the people not the machines who will determine a company's success. Having an effective Human Resource Management team that effectively analyze your company's current and future personnel needs is key in any business organization.
I also found that new product development for international business is more challenging against the competitor. Because product life cycle was found to be shorter in international market due to increase level of competition. Moreover during the assignment work I never knew that cultural issue were to important in international