Strategic Plan
In the last several years, the greeting card industry has been continually transforming itself. This is taking place with more providers offering cliental the option of having them sent out to them electronically or through traditional print methods. According to a study conducted by IBIS World, the sector for electronic distribution is expected to increase by 2.3% within the next three to eight years. This means that there are tremendous opportunities for new firms and upstarts. ("Online Greeting Card Sales," 2014)
In the case of send out cards, the firm is at the crossroads for reaching out to cliental and offering them with unique solutions. To fully understand the way this is occurring requires focusing on how they can send out a card to stakeholders from their mobile devices. This will be accomplished by carefully examining the organization's vision / mission / strategies, conducting an external analysis and performing an internal study of the various sources that will be utilized. Together, these different elements will highlight how the firm can provide cliental with something more. This is when the research will be more focused in meeting these objectives.
Outline the research approach you will use for your Strategic Plan
The basic approach that will be utilized is the quantitative method. This is when there will be an examination of resources such as websites, journal and books. The basic idea is...
Electronic Cash and Smart Cards Forms of electronic cash came about in the 1990s with the rise of the Internet and a new way to do business. Smart cards were among the new forms. When purchasing products over the Internet, consumers have concerns about the privacy of their information with electronic payments. Some studies were conducted to evaluate the pros and cons of smart cards, how the security is designed in
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Other credit card issuers are proceeding more cautiously. MBNA, for example, the second-biggest card lender in the United States, after Citibank, said in April that it had set up an office in Shanghai to study the market (Kingson, 2004)." Many credit card providers are waiting until the restrictions are lifted in China before determining whether or not to open. It is important to study the impact that the lifting of
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