Research Paper Help Online By Professionals

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Leaders Their Role and Impact on Business

Leaders Their Role and Impact on Business It is an open secret that modern business leaders have to play many roles and serve multiple audiences.They wear different hats at the same time but communicate one primary vision.Most importantly, they have to ensure that their leadership style and decisions provide proper guidance to their followers and subordinates.Jack Welch of Jack Welch Institute lists some important roles of a leader in this video. People also expect effective business leaders like you to have qualities like decisiveness, self-awareness, fairness, enthusiasm, integrity, and creativity and innovation, and other essential attributes. These attributes are difficult to maintain for a long time, but a leader cannot succeed without them.Some of the leadership roles are applicable to every situation regardless of the type of the industry, the size of the organization or whether it is a public or private business.The leader is not born with all these qualities and therefore, he has to learn them as he grows in stature . Apart from learning, they must continually develop and practice these skills to stay relevant in the industry.The primary responsibility of any kind of a leader is to solve the problems. Leadership is the process of leading and encouraging employees to attain your business goals and objectives. Leadership also plays a pivotal part in enhancing employees’ performance and productivity.You, as a business leader, must perform many different duties as the need may be. You must be regular and always ready to adapt.You can be a communicator, a thinker, a decision maker, a team builder, and an image builder at the same time. You must learn everything you need to do to develop a strong and happy team, reach your goals, and succeed as a leader.Jack Zenger proves that great leaders can double profits for their business in his article published in Forbes. He further explains his point with the help of the following chart. Source: forbes.comPeople generally think a company achieves success because of its business strategy.Although the business strategy does contribute heavily to the success, yet there are many other reasons which amount to the rise of an organization and strong leadership is one of them.It is also a fact that people do not follow a leader but someone they want to follow. It may sound like a paradox, but unless you have personal charisma, ambition or dumb luck, you cannot lead successfully.Catherine Hill, the Human Resource Specialist at the Worksense Solutions states that:We sometimes think great Leadership requires great charisma, and although that certainly helps to sell a story, it is not enough, or even essential. At a very basic level, a great Leader clearly articulates what is required, and then does what they say they will do.It is so simple, yet so frequently ignored. If you want to lead, if you want people to follow you, they have to see that you will do what you say you will do.THE ROLE OF A BUSINESS LEADERA business leader is just like a chameleon.On any given day, you may be a strategic thinker inspiring your employees to embrace your vision.Then you can morph into a team builder striving to bring the best possible talent to your business.The very next moment, you may take up the role of a decision maker helping your business to advance. In essence, all the leaders are good storytellers playing key roles to ensure the growth and progress of their organizations.After going through the profiles of a number of highly successful business leaders, the following are some common duties performed by all of them irrespective of their age, gender, location or size of their company.A Business Leader is an AnalystA business leader should also be an astute analyst. You must have the ability to comprehend what is going around not only in your organization but in your industry as well.Similarly, you must analyze everything deeply and acutely to keep your business in order and prevent any disaster. It is also imperative for you to review the efficiency and the progress of your business as well as your core activities.Being a business leader cum analyst also means it is your job to review your financial situation and conduct a competitive analysis on regular occasions.You also have to conduct customers and market analysis from time to time. Finally, you will use all the knowledge and data acquired through these analyses to redefine your business strategy and goals.A Business Leader Structures His BusinessIt is also the role of a leader to properly structure his business.In fact, the structure of an organization can have a huge effect on its overall growth.Therefore, it should be your priority to find the best possible organizational structure for your business. For instance, owners of small businesses tend to favor horizontal structures with a wide span of authority and fewer management layers.You must start contemplating about a more robust lea dership and organizational structure the moment you think of expanding your business.For example, smaller organizations generally go for traditional vertical structures when they start growing and hiring more employees.The characteristic feature of these structures is the organizational hierarchy with more management layers.Every type of organizational structure has its merits and demerits. You can choose any structure you deem fit for your organization.Some of the factors you should consider while making this decision are the companys culture, size, goals, and vision.You as a business leader should have enough experience and foresight to pick or even create the best structure for your business.You Need to Conceive Ideas and Future ProjectsLeaders conceive ideas and initiate projects for future growth. You can solicit help from your colleagues and subordinates, but it is you who have to determine whether or not to proceed with a project.Similarly, you also have to take responsibilit y for your actions rather than blaming others if the project fails to achieve its objectives.It is also important for you to forecast future business trends to set the right direction of your business. To lead your business effectively and successfully, you have to stay on top of the looming changes, evolving technologies, and your competitors.Keep studying the industry for the potential changes and plan in advance about how to tackle them.Dont forget that business forecasting is not a one time process. It can be short term, spanning only over a couple of years to long term stretching over 5 years to a decade.A Business Leader Needs to CommunicateEffective communication is the greatest strength of some of the most successful business leaders. They use all levels of communication to reach out to every stakeholder, customers, and members of the staff.They also strongly promote and encourage the exchange of information within the organization.All types of communication channels such as online, written and verbal communication used by business leaders happen to be consistent and clearly define what the purpose of their organization is.The following is a wonderful video by Nike Academy, which explains the relationship between communication and leadership. Successful business leaders also have their own unique style of communication. It is honest, fair and open. They can easily adapt their communication style to almost every situation and any kind of audience.These leaders do not impose their point of view on others but listen to everyone, including those who oppose them.True leaders also make necessary changes in their direction and communication style as the need arises.A Business Leader is Also a ThinkerYou cannot become an effective leader if you are not a strategic thinker.Some of the main responsibilities of a leader involve understanding how different sections of the organization work together.You have to comprehend how your organization can react to both int ernal and external changes.It is also the primary function of the leadership to identify the strengths and weaknesses of its business, recognize the opportunities it has, and the threats it is facing. This is only possible if you have the ability to think strategically.Strategic thinking also requires you to gauge the influence of current and future economic and business predictions on strategic business objectives.Also, remember that the operational business goals should never be in conflict with your strategic goals.Above all, you must keep a close eye on your current and potential competitors and try to counter their strategies with the policies of your own.A Leader is a Decision MakerEffective decision making on the part of leadership is essential for the survival of any business.You are under the obligation of developing a consistent approach towards problems solving and business analysis to improve overall decision making within your organization.Similarly, it is imperative fo r you to evaluate the impact of the decisions you are going to make on all the stakeholders.Effective decision making also involves drawing on your own experience and knowledge as well as the collective knowledge and experience of your team.This is, in fact, the easiest method to recognize current and potential problems and make unanimous decisions about how to solve them. It will also make sure the final decision or solution fully compliments your organizations vision and mission.A Leader is a Team BuilderHappy and fully engaged teams are an integral part of any business. Once again, it is the leader who digs out individuals from different backgrounds and experiences and groups them as a team.If you are a leader, you must also ensure that you keep your team informed of all the decisions, plans, developments and issues for them to be engaged and effective.Continuously providing feedback about whether or not they are doing their job the right way is yet another great technique to kee p them happy and motivated.Learn why team building is important to become a good leader. Individuals are more likely to respond to the strategic business goals meaningfully if you let them work with other like-minded people. Appreciating employees for their contribution is also part of the effective team building process.Team members also expect you to fully recognize and admire their work. Another thing you can do is to regularly review their performance and appropriately recognize it to make them feel more confident in their abilities.Members of a highly motivated team also receive regular feedback from their leader. Moreover, Provide them with equal development and growth opportunities as well as incentives to boost their morale.On the other hand, empowering them to excel in their areas of specialty and fueling their creativity will also result in more employees participation and initiatives.The following graph shows how good leaders increase engagement for their employees and th eir employee’s employees too. Source: hbr.orgA Leader is an Image BuilderA leader has to do a number of things to build a good image for himself and his organization.Achieving the highest level of personal success in addition to driving employees growth requires you to consistently demonstrate professionalism, integrity, and fairness.You can also command respect by being more accommodating to the individual as well as collective needs of your employees. Being responsive, open-minded and truthful about your own professional problems will also build your credibility.Only demand extraordinary performance from your employees if you can lead them from the front. Sitting idle in your office and expecting them to do all the work is not going to produce the results you want.In a highly effective organization, a high level of performance is observed across the board. The leaders and the senior managers do as much work as the junior managers and the general staff.Lastly, always remain open, ethical and above board in your business and personal dealings. It is the only way to improve your influence and credibility and build trust with your team members and peers.A Leader Humanizes the BusinessWhile the main focus of a manager is the business, a true leader always works for people’s welfare. A successful leader like Bill Gates, Jack Ma, and Jeff Weiner has strong ties with fellow leaders and their own employees and this is what you need to do.No one is asking you to be unprofessional and go out of the way to support people. In fact, you have to respond to their issues without compromising professionalism.A good leader achieves this by showing concern for the employees problems or recognizing them for good performance.The enhanced focus on people ultimately results in better customer care and support as well.A Leader Builds BridgesBuilding bridges between different sections of the organization is the leaders greatest responsibility.No matter how hard you try to keep various sections connected, a time comes when the team members get too focused on their jobs or their respective sections.This is the time when you have to remind them of the collective business goals and objectives and what they are working for.For instance, asking various sections to partner with each other while creating a new product will improve mutual coordination and cooperation.Vision CastingLast but not least; leaders create the companys vision and mission. They also help and enable their employees to understand both of them and work towards achieving a common goal.A company without a clear vision is just like a ship without sails.As a matter of fact, you can end up making poor decisions and stifle the businesss growth if you do not have any plans for the future. However, setting a vision is not enough.Your employees will find it really hard to embrace it if it is not SMART and practical.For example, your company’s mission is to “sell one million units of cars in the next 5 years.” It is a very detaile d and practical vision. You can also assign different parts of your vision to different departments.In this particular case, the manufacturing department will have to manufacture one million cars during the next five years.The public relations departments will observe popular automotive trends before you can launch the new model.Finally, the marketing and sales department will be responsible for promoting the new car in the market and attracting more customers.This particular video elaborates how leaders can align the company’s vision with its goals. A Leader Encourages Continuous LearningEach employee in your organization has something to teach, regardless of his experience and seniority level. A good leader has an in-depth knowledge of how his business works.He tries to learn more and more about every employee in his organization instead of only considering them as laborers.In simple words, you have to show a greater interest in the welfare and betterment of your employees.A rea l business leader also considers mistakes as part of experiential learning. Instead of admonishing people for any mishap, a leader understands that mistakes are an opportunity to learn new things.Similarly, leaders also foster innovation and creativity within their workplace, strongly believing in the idea that they help people develop existing and new skills.Similarly, a leader also provides promising leaders with every opportunity to grow and flourish.Introducing a culture of learning and exploring has become ever so important in the modern business world. It is no longer enough to just keep up with others if you wish to have a face-paced working environment.The desire to constantly improve your existing skills and acquire new ones will also enhance collaboration and creativity among your employees in addition to creating a fun and high-performance workplace.THE IMPACT OF GOOD LEADERSHIP ON THE BUSINESSWe have already discussed some of the most important roles a leader has to play .Moving forward, we will highlight some of the ways in which a good leader can have a positive impact on the overall performance and results of a business.The following video explains how to have a positive influence and impact on your business. A company, no matter big or small, needs good leadership to flourish.There is no second opinion about that. But, what type of leadership is good for your own business?In general, a good leader is the one who lifts the company from the shambles, empowers it to take on the challenges it is facing and enables it to move forward in the right direction.If you are a leader who does not have the required skills, you will not succeed in effectively motivating your employees.The obvious outcome will be poor performance and the failure to attract new customers. Ultimately, your company will start declining and vanish from the horizon with the passage of time.Good leaders are always aware of the fact that their personal success depends upon the success of their companies and employees.Therefore, they provide them with every opportunity to excel and shine in their roles. These leaders work as a part of the team and focus on achieving the common goals.How to be a Successful LeaderThere are many things you can do to become successful.For instance, successful leaders recognize the value of teamwork and making the most of everyones skills.You simply cannot win the respect and trust of others if you are not willing to work with your team to achieve a collective objective.Different members of the team have varied traits and personalities. It is advisable to accommodate these differences instead of driving everyone with the same stick. Approachability is another hallmark of great leaders.You must make it easier for your customers to contact you. They should also be confident that you will lend an ear to their problems and solve them.Employees should also feel easy and relaxed whenever you are around. It will also make it more convenient for you to motivate them to carry on their duties diligently.Here is a brilliant infographic explaining how you can become a successful leader. Getting Fit to Lead. Source:  michiganstateuniversityonline.comLead by ExampleLeading by example is the best method to have a greater impact on your business. You partners, employees, and all other stakeholders will constantly observe your strategies and policies.They will never stop gauging your commitment to your work and organization.You also have to take accountability for your decisions and actions and learn from your mistakes. Good leaders never hesitate to commit that they have made a mistake. Later on, they also leave no stone unturned to rectify the error.Good leaders are never afraid of taking calculated risks. Leaders’ true test of abilities and strength are the situations that demand immediate and tough decisions.A great leader will never dither in such circumstances. He makes quick, solid and sometimes dangerous decisions which an ordinary leader cannot even think about.A skillful and determined leader will always stand firm about his decisions as well.While it is not necessary to be part of all the business operations, it is important for you to always participate in the planning process.Attending important business meetings will further motivate your employees and boost their morale.Another characteristic of a good leader is that he or she encourages all the team members to give their best for organizational development and success.Exemplary CharacterYou cannot have any influence or impact on your business if you have a questionable character. All the good leaders we know today have exemplary character, to say the least.You as a leader need to live your life with integrity and honesty if you want others to respect you.People should also be able to trust you.As it is often said, a good leader is always a man of his words. Therefore, never back off from your promises and words.Otherwise, you will lose your right to leadership. It is your trustworthiness and good character which compels people to trust and respect you. It is as simple as that.Comm unicate OpenlyYou must master the art of clear communication if you want your company to reach new heights of success.In this regard, hearing what your employees have to say will go a long way in ensuring that you give directives which actually drive results.Leaders listen with empathy, address concerns, respond to questions and above all, solve others’ problem to gain their trust.Right DirectionAnother essential characteristic of great leadership is the desire and vision to break out of the ordinary and normal.Such leaders do not only aim at higher things, but they also take practical steps to get what they want.Foreseeing what is achievable and attaining one goal at a time to get to the final destination is the main quality of good leaders.By doing so, they also bring a positive change to others’ lives as well.OptimismSome of the very best leaders in the world are highly optimistic and a source of constant inspiration and energy for their followers.They are genuinely concerned about the welfare of their employees and the general public.They are always available and intrinsically helpful. They know how to motivate, inspire and reassure others. They have the uncanny ability to find a solution to any problem no matter how complex it is.They never let pessimistic thinking and personal criticism get even close to them. They keep on looking for new ways to build consensus and to get people to work together.Honesty is the Best PolicyStrong leaders treat people according to their personality, thoughts, and requirements. They are among the most ethical people you will ever find. They strongly believe you cannot achieve success without reliability, effort, and honesty.In fact, not even a single employee can doubt their integrity because they embody these principles so overtly and vehemently. They avoid spin control and share the information openly with everyone.CONCLUSIONObviously, there are many other ways a leader can influence his business.There are plenty of l eadership styles which different people have adopted to gain unprecedented success.All these styles incorporate different leadership skills and qualities.Regardless of the style you choose, you will be in a better position to lead your team successfully if you display any or all of the traits listed above.

Essay The Act of Sacrifice from Achilles and Gilgamesh

The Act of Sacrifice from Achilles and Gilgamesh The act of sacrifice is a very important event in literature. Often, it can define and shape a character’s life and personality. The ancient texts discussed in class contain many diverse, yet equally meaningful examples of sacrifice. Even though these acts of sacrifice can occur for different reasons, each one has a similar purpose. The characters that perform such sacrifices are required to give up something they love, cherish or own in order to serve a greater purpose. Achilles from The Iliad must sacrifice his physical possessions to appease his gods. Gilgamesh is unwillingly forced to sacrifice his beloved brother. Cain from The Bible also forfeits material possessions, but he also†¦show more content†¦It is forced upon him by the gods. His beloved brother, Enkidu, is taken from him by death, and Gilgamesh is devastated. But Enkidu was not given up by Gilgamesh; he was punished to die by the gods for killing the Bull of Heaven. Gilgamesh was stricken by grief and regrets their killing of the Bull by saying, â€Å"If I had known that this was all the good that would come of it, I would have raised the ax and split you into little pieces†¦Ã¢â‚¬  (Norton Anthology 27-28). Gilgamesh realizes that his passionate quest for glory and fame had actually caused the death of his brother. This sacrifice that he must make, by fault of his own and decision of the gods, seems to have no positive qualities. Gilgamesh is first devastated by Enkidu’s death. â€Å"Ten days he lay and his suffering increased, eleven and twelve days he lay on his bed of pain† (Norton Anthology 29). As time passed, Gilgamesh began to come to accept his brother’s death and decides to make an almost impossible journey to seek advice. After his trip, Gilgamesh reflected on his life since his brother’s demise and notices that he is a different person. No longer is he the arrogant, careless king that he was. He has transformed into a mature, wise le ader. The sacrifice of his brother caused him to change who he was so that Gilgamesh could come to terms with his grief. The culture in which Gilgamesh ruled was very conquest oriented, and the more challenges one overcame, the greater the man he was.Show MoreRelatedComparison of Gilgamesh and Achilles Essay example1574 Words   |  7 Pagesto me were Gilgamesh, and Achilles. Gilgamesh’s greatest fear was death, while Achilles feared his legacy being lost and forgotten. Technically their desires are different, but their journey share many similarities, and in the end, boils down to the same thing. Each man in his own way, both Gilgamesh and Achilles desired immortality above all else. Though immortality takes on very a different meaning for Gilgamesh, as it does for Achilles, every decision as well as all the sacrifices they make, areRead MoreThe Heroes Of The Epic Of Gilgamesh1215 Words   |  5 Pagesgargantuan archetypes from prehistory to present. In modern times, the p rominent heroes in literature and media are that of Harry Potter, Superman, Wonder Woman, and much more. There is good reason for this. In today’s sense, heroes and heroines are the epitome of what humans want in themselves. Noble, kind, selfless; these are all traits that embody the modern hero. This was not always the case, however. In ancient literature, the heroes are not good role models, most of the time. Gilgamesh in The Epic ofRead MoreCharacteristics Of Gilgamesh1021 Words   |  5 Pagessaved them from an accident. A hero is a being who is recognized and idolized for his or her traits, achievements, and values. A hero is the character who chooses to do good rather than evil, often sacrificing of himself to help others. Heroes can be any form and type of hero; there are tragic heroes, braves heroes, epic heroes and so forth. In reading medieval and ancient literature, we see many characters play the role of a hero. In Gilgamesh, he plays the role of a tragic hero. Gilgamesh was createdRead MoreA True Hero in the Epic of Gigamesh Essay1689 Words   |  7 Pagesgreatness and lead an ordinary life. A hero can achieve and glory greatness and carry a noble death to their name. What turns an individual into the characteristic of a â€Å"hero† will depend on the journey they set upon. From ancient Greek culture, the concept of a hero was built from idolizing a religious figure, a deceased person who received cult honors and was expected to return home bearing prosperity in forms of plants or animals, back to their people. The narrative of our literary heroes dealsRead MoreTheme Of Gender In The Epic Of Gilgamesh And The Mahabharata1051 Words   |  5 Pages: Choosing two or three different texts from the schedule, track the role of gender within the stories. Make a claim on what you see as important representation of gender, and filter all chosen texts through this lens. In these two ancient texts, The Epic of Gilgamesh and The Mahabharata, womens power is often belittled to the influence of their sexuality and allure to men. In The Epic of Gilgamesh, Shamhat is sent by her king, Gilgamesh, to go find Ekidu. Her job was to tame the Wildman withRead MoreThe Epic Of Gilgamesh By Gilgamesh1406 Words   |  6 PagesThe Epic of Gilgamesh portrays Enkidu’s mortality as a step to portraying his purpose of life. was his hubris to the continuation of his life in the Netherworld. Out of clay, Aruru created not a man, but a being that matched the strength and resilience of the King of Uruk, Gilgamesh (George 2003: 5). His principle of life, to ultimately change the ways of the tyrannical king, which was achieved easily through a test of strength (George 2003: 10). Simply, â€Å"They kissed each other and formed a friendshipRead MoreThe Epic Of Gilgamesh And The Iliad2165 Words   |  9 PagesInstructors’ Name Course Name Date Gilgamesh and Achilles as Portrayed in the Writings â€Å"Epic of Gilgamesh† and â€Å"The Iliad† â€Å"Epic of Gilgamesh† and â€Å"The Iliad† presented conflict between the ancient kings, the gods, and finest warriors with other ordinary community members. Throughout the writings Gilgamesh, the king of Uru Community, and Achilles, one of the greatest Greek warriors, struggled to resolve the conflicts between the gods and their community members. However, Gilgamesh misused his powers to a pointRead MoreOdesseus and Gilgamesh Essay1859 Words   |  8 Pagescaptured and conceived according to the reviewer and very good examples of such literary work are Mythological tales. Most commonly renowned mythological work is of â€Å"Homers Odyssey† and the â€Å"Epic of Gilgamesh† with major emphasis on the tentative issue of â€Å"heroism†. Odysseus belonged to mainland Europe and Gilgamesh Epic is Middle Eastern work with Gilgamesh’s tale having been written on twelve tablets of clay. Both these tales are folklore and are considered an Epic which means a saga, Heroic Poem, narrativeRead MoreThe Epic of Beowulf733 Words   |  3 Pagesthe events narrat ed in the poem take place in Denmark, the poem was transmitted by oral language between the anglo-saxon even 200 years after its creation. Anglo-saxons did not consider themselves british, but vikings, and their heroes were always from Scandinavia. The author of Beowulf is anonymous. The original poem was written on sheep tanned leather. Beowulf is not only the story of a young man that gains glory against monsters or of an old king that dies fighting a dragon, but it is theRead MoreThe Epic Of Gilgamesh And The Iliad1412 Words   |  6 Pagesrelationship is clearly evident in the ancient Sumerian epic poem, The Epic of Gilgamesh, Homer’s ancient Greek epic poem, The Iliad, and Virgil’s ancient Roman epic poem, The Aeneid. This paper will argue that these texts show that honor is attainable only through pietas. It will conclude that complete commitment to pietas ultimately promotes personal growth through the renouncement of earthly desires. The Epic of Gilgamesh strongly emphasizes that there are consequences to those who selfishly overstep

Onset Ventures Free Essay Example, 1250 words

In 1996-97, the size of an average VC fund increased by 40% to $71 billion. The company plans to raise $80m-$95m fund, it’s the largest fund till now. Onset has provided seed financing of $1m for the company TallyUp to develop a viable software product. Onset operates on a model of five business principles and a specific incubation process of pre-seed phase and seed phase to screen the business ideas. The company’s minimum target IRR of a fund is 30% over 12 year cycle. Onset puts in a company around $1m in seed round, $1.5m in the next round, and $2m in the third round. Onset I gave positive IRR within 4 years of its inception (appendix 1) and Onset II took only three years to give positive IRR (appendix 2). The average number of investment has increased in subsequent funds, i.e. $2.5m in Onset I, $3.5m to $4m in Onset II and expected $4.5m to $5m in Onset III. B. Implied Facts Over the last 13 years, Onset has invested mainly in seed-stage and early-stage financing. Onset II has performed better than Onset I (appendix 3). III. We will write a custom essay sample on Onset Ventures or any topic specifically for you Only $17.96 $11.86/pageorder now Problem Definition A. Source Problem How many funds must be raised for Onset III? Whether Onset should invest an additional $1m into TallyUp for development of beta version of the product or TallyUp should seek funding of $3m-$4m for product development and launch from the VC community. B. Secondary Problem How the funds raised for Onset III should be utilized? How the problems faced in either of the decisions of investment in TallyUp are dealing with? IV. Alternative Options The options available to Onset Ventures regarding the fund size and TallyUp investment are: 1. Proceed with the present four partners and decision of investing $5m per partner per year. This will lead to the required funds of $80m, excluding fees and miscellaneous expenses. 2. Anticipating the changing VC industry, the number of partners or sectors can increase, other than the technology sector might evolve with potential start-up funds seeking entrepreneurs. Therefore, additional funds to the already decided funds of $95m can be raised because the limited partners have already made commitments for $140m. 3. Provide $1m to TallyUp to develop beta version of the product. 4. Provide partial funds to TallyUp and assist it to raise remaining funds of the total $4m from other venture capitalists and launch its product in the market. This way Onset could increase its stake in the company and let the other venture firms take 15-20% ownership. V. Criteria 1. Continue the investment focus of the Onset II in Onset III.

E-Commerce Revenue Model Free Essays

E-Commerce revenue models specifically describe different techniques used in generating income from the publisher’s websites. As the e-commerce progress, the traditional revenue model of sales is expanded to more variety of revenue options and e-commerce business model. All of the large-scale hotel such as Shangri-La, Sheraton Seoul D-Cube City Hotel and others are more focus on e-commerce revenue models in order generate revenues from multiple income streams. We will write a custom essay sample on E-Commerce Revenue Model or any similar topic only for you Order Now Thus, all of these hotels were successful to use the e-commerce as a marketing strategy to increasing their customers. For the purpose to become a large scale hotel, Cube Hotel required to planning the e-commerce revenue as good as possible. With e-commerce, we can start a website and engage in the selling of our services, via the Internet. All online companies generate revenues from multiple income streams such as advertising, subscription, affiliate marketing. Consequently, we would like to discuss different of e-commerce revenue model which can implemented on the internet in order to earn revenue, produce profits, and produce a superior return on invested capital. First of all, Cube Hotel can generate revenue from sales revenue model. Sales model is sales of goods, merchandise information and services provided in the publishers’ websites. Sales model is one of the revenue models that more suitable for our hotel to earn profits. We sell our own service directly without any third parties in transaction process. We must efficiency to introduce our hotel in website in order to easier our customers to booking without third parties and could make decision to booking any rooms without any complex process. Our hotel website should not be looks outdated compared to the competition because we need to use our website to attract more customers to launch its. Hence, we must create a window to our business that highlights the difference between our and our competitors. For example, our website must full of contents such as upload new information, photo of our hotel environment, catalogue and others. This is because appealing content causes a site to be â€Å"sticky† – meaning that it keeps visitors clicking on links within our site, staying at our site instead of getting bored or dissatisfied, and going to another site. We do not same others companies who used e-marketplaces such as e-bay, Google, amazon. com to sell their own products or services indirectly. For example, Dell. com is generating sales revenue from its notebooks, Amazon. com is selling books, ABC Consultant may be generating income from their consultancy services online. Besides that, our revenue will increase in the future because our website gives customers the ability to preview our services before making a purchase. Services online may benefits for our customers because they can save their time to online booking, get new information about our hotel and may more understand our hotel in different perspective. Thus, customers would choose online services rather than go to the physical storefront to purchase. Consequently, this sales strategy and program will be very profitable for Cube Hotel to earn based on the sale price. A major percentage of Cube Hotel also can generate by the Internet marketing. Internet marketing, also known as web marketing, online marketing, web advertising, or e-marketing, is referred to as the marketing of products or services over the Internet. Internet marketing is considered to be broad in scope because it not only refers to marketing on the Internet, but also includes marketing done via e-mail and wireless media. Internet marketing ties together the creative and technical aspects of the Internet, including design, development, advertising and sales. Cube Hotel can use internet marketing because we able to captures a wide range of customer information. Each time a visitor accesses a website they leave an information trail that includes how they got to the site, how they navigated through the site, what they clicked on, what was purchased, and loads of other information. We may know our customers need when they give comment to our hotel. Thus, knowing a customer’s behavior and preferences opens up tremendous opportunities to cater to customer’s needs and, if done correctly, the customer will respond with a long-lasting loyalty. Another most important reason why our hotel needs to have an active Internet marketing strategy is because of the transformation that has occurred in how customers seek information. While customers still visit to our hotel or look through magazines, and talk to friends to gather product information, an ever-increasing number of customers turn to the Internet as their primary knowledge source. Consequently, internet marketing is its reach ability of internet around the globe and its mass appeal. No other traditional media such as print and broadcasting can reach that number of population and if does that, it can`t attain that pace of reach. Through Internet marketing, targeting is possible with accuracy and efficiency. It gives us options to target customers with various available choices mainly depending upon their demographic, age, interests and need. In conclusion, no business can exist without top line revenues from sales, no matter how well the other functions are handled. Our business plan must detail how our plan to price and sell our services, and how much money we plan to make. The basics should cover three broad aspects: our selling tactics, our revenue model, and our sales cycle. How to cite E-Commerce Revenue Model, Essay examples

Inky Essays - Inky, Whale, Sperm Whale, , Term Papers

Inky Inky Response Paper The economy is slowing, third world nations have political unrest, and Susie is distraught because she cannot decide what to wear to school tomorrow. These seem to be the problems that society is extremely concerned with today. The thing that is so shocking is the fact that humans are so caught up with material possessions and their egocentric problems that they are blinded from the big picture. If we dont preserve the physical world that we live in, there will be nothing to enjoy the fruits of our labor on. I had the opportunity to watch a very inspiring video this past week, and I see things a lot differently now. The story of Inky, the pigmy sperm whale is a very moving tale. The whale beached itself for some unknown reason off the coast of New Jersey. Immediately, everyone around came to the attempted rescue of the suffering creature. The whale was airlifted to the Baltimore Aquarium, where marine biologists began to try to decipher the problem with the ailing whale that they came to call Inky. Inky continued to weaken and not eat, and no one could understand the problem. After many tests, a startling discovery was made that traumatized everyone. It seems that the problem with Inky was that she had eaten a large amount of plastic that had been drifting in the ocean from careless polluters. The biologists were able to remove the plastic contents of the whales stomach and begin rehabilitation. Slowly, the animal began to gain its appetite back, and began to Sponaugle 2 gain some energy. Soon, Inky was back to her normal self, and the biologists took her back to her normal environment and released her. One of the most impressive aspects of the video was how amazing it was that everyone had come together and cared so much about the whale that they did everything possible to save the creature, no matter what the cost. They had passion. The sad thing is that a majority of the human population doesnt even have enough pride in the beautiful earth to not mess it up. Constantly, and more often than not, trash and pollution are being washed up on our beautiful shores. If everyone wants to be selfish, they should at least preserve the oceans so that they can enjoy them visually, but they couldnt care less even about that aspect of it. People dont even begin to think of the consequences that may arise from throwing a simple bottle cap overboard. Any number of small sea animals may attempt to consume the item, and have serious health complications including death. Not only would the fish most likely die from eating it, but also their predators would end up consuming it as well when they ate t he original fish that consumed the item. Any way you look at it, any form of pollution is tragic and just plain selfish. The first step in correcting the problem is awareness. I admit that I wasnt completely aware that the problem was so intense until recently. I believe that if everyone could see the consequences for their actions, they might think twice about the next time they go to dispose of unwanted goods. The world is getting smaller, and we all need to learn to respect one another, man and animal alike. Science Essays

Benefits of Nuclear Power Essay Example

Benefits of Nuclear Power Essay Example Benefits of Nuclear Power Essay Benefits of Nuclear Power Essay Only 30 years ago, nuclear energy was an exotic, futuristic technology, and the subject of experimentation. Today, nuclear energy is Americas second largest source of electric power after coal; more than 110 nuclear energy plants supply more electricity than oil, natural gas or hydropower taken together. Nuclear energy is a clean, safe, reliable and competitive energy source. It is the only source of energy that can replace a significant part of fossil fuels (coal, oil and gas), which massively pollute the atmosphere and contribute to the greenhouse effect. In view of the adverse effects of climate change and dwindling oil reserves, it is imperative to promote more efficient use of energy. There is need to employ renewable energies wind and solar – wherever possible, and adopt a more sustainable life style. But this will not be adequate to reduce the accumulation of atmospheric carbon dioxide, and satisfy the needs of industrialization and the aspirations of the developing nations. Presently, the national power generating capacity is about 3,000MWe. At current level, the per capita electricity generation in Nigeria is just about 30 We, some 30 times less than the 1kWe in South Africa. Conventional energy sources in the form of natural gas and fuel oil generate some 69% of the national capacity. The large hydropower stations at Kainji, Jebba and Shiroro have a combined installed capacity of 1830MWe, while the six other small hydropower stations located in various parts of the country have an installed capacity of 37 MWe. The National energy requirement is estimated at over 30,000 MWe. It is not likely that this will be met by the conventional sources presently available in the country. Nuclear power thus offers one of the most viable options that could make up for the shortfall. The Nigeria Atomic Energy Commission is effectively implementing a dedicated strategic plan to introduce 1,000 MWe into the national grid by 2020, and a gradual injection of another 3,000MWe within another 10 years. Probably, the most important cause of worry, all over the world, regarding the implementation of nuclear projects is that the public does not trust the safety of nuclear power plants. As a matter of course, all known power technologies have certain potentially negative aspects. Since it takes time and continuous dialogue to build and maintain trust, the general public must be systematically informed and educated on the issues entailed in our national nuclear power programme. An effective constructive engagement would therefore create better public understanding of the issues: the necessity, benefits and the safety of present day nuclear power project. It is worthy to emphasize that the implementation of a nuclear power project has both local and global impact. In this regard, the concerns of the population of the local environment as well as those of the neighbouring countries must be satisfactorily addressed to earn their confidence and consent. In this connection, the experiences of other countries would be invaluable, in addition to the three cardinal requirements of International Atomic Energy Agency. 2. THE BENEFITS OF NUCLEAR ENERGY Nuclear power is clean, safe, reliable, compact, competitive and practically inexhaustible. Today over 400 nuclear reactors provide base-load electric power in 30 countries. Fifty years old, it is a relatively mature technology with the assurance of even greater improvement in the next generation. 2. 1 CLEAN POWER GENERATION Nuclear energy is environmentally clean – it produces almost no carbon dioxide, sulfur dioxide or nitrogen oxides whatsoever. These gases are produced in vast quantities when fossil fuels are burned. Carbon dioxide is produced when fossil fuels are burned; it is one of the main gases that contribute to the greenhouse effect, leading to atmospheric warming. Coal and oil contain sulphur impurities and when they are burned, sulfur dioxide goes up the stack, leading to acid rain. When any fossil fuel (coal, oil or natural gas) is burned, nitrogen oxides are also produced. These gases cause smog and atmospheric pollution. Nuclear fuel is pure (contains no sulfur), it is not in contact with the air (no nitrogen), and it produces no smoke or exhaust; the entire process is confined in the fuel element. 2. 2 NUCLEAR ENERGY PRICES ARE STABLE A country (or an electric company) can buy years of supply of uranium when the price is low; it doesnt take up much space and can be easily stored until needed. Most countries (or utilities) dont have space to store more han 3 or 6 months supply of fossil fuels. 2. 3 FUEL CYCLE AND SPENT WASTE MANAGEMENT One gram of uranium yields about as much energy as a ton of coal or oil the famous â€Å"factor of a million. † Nuclear waste is correspondingly about a million times smaller than fossil fuel waste, and it is totally confined. In the USA and Sweden, spent fuel is simply stored away. Elsewhere, spent fuel is reprocessed to separate out the 3% of radioactive fission products and heavy elements to be vitrified (cast in glass) for safe and permanent storage. The remaining 97% – plutonium and uranium – is recovered and recycled into new fuel elements to produce more energy. The volume of nuclear waste produced is very small. A typical French family’s use of nuclear energy over a whole lifetime produces vitrified waste the size of a golf ball. Nuclear waste is deposited in deep geological storage sites; it does not enter the biosphere. Its impact on the ecosystems is minimal. Nuclear waste spontaneously decays over time while stable chemical waste, such as arsenic or mercury, lasts forever. Most fossil fuel waste is in the form of gas that goes up the smokestack. Plans are afoot to establish a management facility for the conditioning, storage and disposal of low and intermediate level radioactive wastes in the country. Further, Nigeria intends to enter into appropriate bilateral agreements for her nuclear fuel cycle, and hopefully sign on to the multilateral nuclear fuel supply assurance networks that are being developed in partnership with IAEA. 2. 4 NUCLEAR POWER PLANTS ARE COMPARATIVELY SAFE Nuclear power plants are comparatively safe, as proven by the record of half a century of commercial operation, and with the accumulated experience of more than 12,000 reactor-years. There have been only two serious accidents in the commercial exploitation of nuclear power: The Three Mile Island (TMI) in 1979 (in Pennsylvania, USA) and Chernobyl in 1986 (in the Soviet Union, now in Ukraine). The TMI was the worst accident one can imagine in a western power reactor. The core of the reactor melted down and much of it fell to the bottom of the reactor vessel. The radioactivity released was almost entirely confined within the reinforced concrete containment structure, the air-tight silo-like building which housed the reactor and was designed for that purpose. The small amount of radioactivity which escaped was quite innocuous. As a result, no one at TMI was seriously irradiated nor did anyone die. In fact, Three Mile Island was a real success story for nuclear safety. The worst possible accident thus occurred, a core meltdown, and yet no one died or was even injured. Chernobyl was different. The reactors at Chernobyl had no containment structure. The reactor’s faulty design made it unstable and Chernobyl was operated that moment in a way known to be dangerous. In the execution of a test, all the security systems were deliberately bypassed. An uncontrollable surge in power occurred leading to a steam explosion. The 600-ton graphite moderator then caught fire and burned for several weeks. The smoke carried more than half the radioactive fission products directly into the atmosphere where they were swept far and wide by the winds. Fewer than 32 persons died within a few months, and about 200 more were severely irradiated but survived. The inhabitants of the exclusion zone were also victims as they were hurriedly uprooted, evacuated and resettled elsewhere. On the contrary, coal mine accidents are common occurrences and often cause tens or hundreds of fatalities, reported in a day and forgotten the next, adding up to about 15,000 per year worldwide. The same may be said for oil field accidents. Oil tankers go aground or break-up; accidents occur in refineries, oil and gas platforms have been lost with all hands. Accidents in high pressure gas pipelines are not infrequent. Just one example among many others is the gas pipeline accident at Ghislenghien, Belgium on July 30, 2004, in which 21 persons died and 120 were injured. 2. 5 NUCLEAR POWER PLANTS ARE COMPARATIVELY RELIABLE Nuclear reactors provide base-load power and are available over 90% of the time. Intervals between refueling have been extended while down time for refueling has been reduced. In the USA, these improvements over the years have been the equivalent of adding one reactor a year to the existing fleet. Most reactors are designed for a life of 40 years; many are reaching that age in good condition and extensions of 20 years have usually been granted. 2. 6 NUCLEAR RENERGY IS COMPETITIVE The cost of nuclear power is competitive and stable. The cost of nuclear fuel is a small part of the price of a nuclear kiloWatt-hour, whereas fossil fueled power, especially oil and gas, is at the mercy of the market. 2. 7 NUCLEAR ENERGY FUEL IS INEXHAUSTIBLE Uranium is found everywhere in the crust of the Earth – it is more abundant than tin, for example. Major deposits are found in Canada and Australia. It is estimated that increasing the market price by a factor ten would result in 100 times more uranium coming to market. Eventually we will be able to recover uranium from sea water where 4 billion tons are dissolved. 2. 8 NUCLEAR POWER PLANTS ARE RELATIVELY COMPACT A nuclear power station is very compact, occupying typically the area of a football stadium and its surrounding parking lots. Solar cells, wind turbine farms and growing biomass, all require comparatively much large areas of land. . 9 PROMISING GLOBAL SCENARIO More than 400 nuclear power plants are operating in 25 countries around the world today, supplying almost 17 percent of the worlds electricity. In most countries, nuclear energy plays an even larger role as a source of electricity than in the United States. Many of these nations are building new nuclear energy plants to meet the needs of their growing populations and expanding economies. About 100 new nuclear energy plants are currently being built around the world. 3. 0 CONCLUSION The strengths of the national nuclear power programme are manifold: long term energy security, ready availability of nuclear fuels, capacity to mitigate the consequences of global warming, sustainable socio-economic development accruable from diversification of national energy energy mix, significant spin-off effect accruable from the application of nuclear technology in a wide variety of other sectors, nuclear energy is clean, inexhaustible, compact and has a broader life span, large water and land resources available for nuclear energy production, and enhanced safety, security and safeguards. The opportunities that would accrue to the nation from the deployment of nuclear power plants include: sustainability of power for national development, generation of requisite manpower to man nuclear power plants and the proliferation of other peaceful uses of nuclear energy, spin-off industries inherent in nuclear power programme, employment generation and poverty reduction, research, development and human capacity development, as well as mutually rewarding bilateral, regional and international cooperation agreements. All in all, nuclear energy has proven to be most beneficial to developed and emerging economies. If optimally designed, constructed, operated and maintained, nuclear energy is not only clean, but safe, reliable, durable and competitive.