technological explosion of the past few decades has taken mankind to heights never before imagined. Today, with the click of a mouse, one can purchase travel tickets, manage stocks, shop, and chat with people around the world. The changes that technology have made possible are almost limitless. In addition to the changes in daily life, advances in technology have had a significant impact on the field of education. The field of education has been impacted in many ways by technology, including the method of delivery for education. The delivery of lessons in the field of education used to be handled with one method. tudents came into a classroom and a teacher provided the lessons, and the feedback. For younger students, parents were given a 15 minute conference once a year to hear about their student progress. The delivery of education was a single method and it was used for…...
mlaSuccess Number 2: The outcome of the planning grant was the award of the 1995 Implementation Grant Award from TEA -- Projects for Educational Technology, East Texas schools partnered in the Implementation Award Grant, known as "Creating Connections." Twelve East Texas school districts received funding for installation of the multi-media, distance learning classrooms. Other schools in the East Texas area participated in the training component. An additional seven school districts from Limestone, Hudspeth and El Paso counties joined the consortium to participate in the wining for teachers. The schools in the Central and Far West Texas schools either had video conferencing systems or were planning for full-motion audio-video networks. Their need focused on training. The final estimated total of the project including contributions from all partners including the two telephone companies was over $6,000, 000. TV 12 East Texas schools now have state of The art technology in the classrooms and access to full broadband services, including audio-video, Internet and data services. Texas A& M. University -- Commerce built its classroom along with Jarvis Christian College. The addition of the universities to the partnership had been sought from the early days of planning.
The award for training and classroom build-out provided the teams of students, community members and educators the opportunity to articulate the many needs they had that could be addressed through the telecommunications network. They were among the first in Texas to think about the telecommunications technology in non-traditional ways.
Success Number 3: The "partnership building process" continued and resulted in another award. The ET-LINC schools and Texas Alliance for Education and the Arts planned together over an 18-month period. It was agreed that The Texas Alliance would be fiscal agent for a project to utilize the distance learning network as a means of providing innovative programs for students in the elementary grades. The partnership with the Texas Alliance for Education and The Arts was designed to provide staff development to teachers in the distance learning environment in grades 2-6. The teacher-training component included use of the multi-media environment to integrate math, reading, and the fine arts. A Meadows Foundation Award provided for elementary teachers to receive training online in the two-way, real-time, interactive classroom. During this three-year initiative, students in these grades will be involved in a variety of special projects in which the arts are infused into the core academic
According to the figures for 2000 and that is the latest that is available, their average earnings are $17,570 in a year. In this business the contracts are given to the one who quotes the least and this makes the security companies oppose any government rules which will increase their costs. The businesses which employ them also do not want increased charges. This has resulted in criminals becoming security guards, and even those that are checked, go through the checking of records in only one state. Stories keep coming about beating, raping and robbing the people they are expected to protect. Even according to New York Daily News, there have been employment of criminals for the protection of Statue of Liberty and some of the guards were even convicts. At the same time, the labor department expects that demand of security guards will grow up very fast till 2010, and…...
mlaReferences
Hall, Mimi. Private security guards are Homeland's weak link. USA Today. 23 January, 2003. Retrieved at Accessed on 15 June, 2005http://www.usatoday.com/news/nation/2003-01-22-security-cover_x.htm .
Schneider, Greg. Looking Abroad for Answers on Airport Security; Attacks Add Urgency to Long U.S. Effort. The Washington Post. 09 October, 2001. Retrieved at Accessed on 15 June, 2005http://www.house.gov/transportation/aviation/issues/washpost.html .
Security Guards and Gaming Surveillance Officers. Retrieved at Accessed on 15 June, 2005http://www.bls.gov/oco/ocos159.htm .
9% to 734 units (Khun, 2009)
Additionally, James Moss, of Curzon Investment Property, has commented (Khun, 2009) that Dominos and Subway have been successful in the UK market as a result of their franchise models that are almost recession proof. In addition many investors (who want to own a franchise) have found these two chains to be exceptional investments. Additionally, many "Britons are also shunning posh business lunches and choosing instead to head to Eat or Pret for a sandwich (Khun, 2009,9)." The report also explains that "Independent operators (with fewer than five outlets) have increased their market share by 2.2% across the UK's top 10 cities to further fuel the feeling that many high streets are turning England into 'fried chicken Britain'(Khun, 2009,9)." The following chart illustrates the most popular cities for Fast Food in the UK.
Number of Fast Food Restaurants by City
London (central) (847 outlets)
Edinburgh (129)
Glasgow (94)
Manchester (74
Liverpool (64)
Bristol…...
mlaWorks Cited
"About the Company." Available at: [Accessed 11 August 2011].http://www.pret.com/us/about_our_company/about.htm
Business: Junior fat; obesity and advertising. 2005. The Economist, 377(8457), 68-58-61. R
Jones, P.; Hillier, D., Shears, P.,Clarke-Hill, C. 2002 . Customer perceptions of services brands: A case study of the three major fast food retailers in the UKManagement Research Review25. 6/7: 41-49
Kuhn, K 2009. UK's fast food sector is up 8%. Caterer & Hotelkeeper199. 4605 (Nov 27-Dec 3, 2009): 9
I believe that Marx's theory fits my work experiences. His concept of commodity fetishism applies. At work, I am made to believe that outputs are more important than me. This shows that the interest of the employer is made to be more important than the interest of the employees. In the midst of economic crisis, people are afraid to lose their jobs in the face of economic crisis that they would submit to the control of their employers or the bourgeoisie as Marx called it.
References
Central Intelligence Agency. The World Factbook [Data file]. Available from https://www.cia.gov/library/index.html
Kochan, T.A., (2004). Education, Families, and Workplace Policies: Their Roles in a Knowledge-Based Economy. Retrieved at http://web.mit.edu/workplacecenter/docs/wpc0012.pdf
Caldwell, C. (2008, January 27). The Way We Live Now. The New York Times. Retrieved at http://www.nytimes.com/2008/01/27/magazine/27wwln-lede-t.html
ervice Economy. (n.d). Retrieved January 13, 2009, from Wikipedia: http://en.wikipedia.org/wiki/ervice_economy
The American Workplace - the hift to a ervice Economy. (n.d.). Retrieved January 13, 2009,…...
mlaService Economy. (n.d). Retrieved January 13, 2009, from Wikipedia: http://en.wikipedia.org/wiki/Service_economy
The American Workplace - the Shift to a Service Economy. (n.d.). Retrieved January 13, 2009, at http://jobs.stateuniversity.com/pages/16/American-Workplace-SHIFT-SERVICE-ECONOMY.html
Gibbs, R., Kusmin, L., Cromartie, J. (2004). Low-Skill Jobs: A Shrinking Share of the Rural Economy. Amber Waves. Retrieved at http://www.ers.usda.gov/AmberWaves/November04/Features/lowskilljobs.htm
Knowledge Management Best Practices in Services Industries
The ability to stay on in step with customers' rapidly changing needs is only possible when a company completely commits itself to transforming data into information, while also capturing and using tacit and implicit knowledge. As this analysis will illustrate, data, information and knowledge are multifaceted and have many implications across the lifecycle of a business in general and customers specifically. Concentrating on how the data pertaining to customers can be optimized, this analysis concentrates on the Service Quality (SEVQUAL) methodology and metrics. SEVQUAL measures five dimensions of the customer experience including reliability, assurance, tangibles, empathy and responsiveness (Parasuraman, Zeithaml, Berry, 1985). While the scope of this analysis concentrates on SEVQUAL from the standpoint of capturing data, information and knowledge from a customer standpoint, there are many ancillary implications that also apply to the knowledge-based theory of firms as well. The use of SEVQUAL-based…...
mlaReferences
Anders, P.N. (2006). Understanding dynamic capabilities through knowledge management. Journal of Knowledge Management, 10(4), 59-71.
Dyer, J.H., & Nobeoka, K. (2000). Creating and managing a high-performance knowledge-sharing network: The Toyota case. Strategic Management Journal, 21(3), 345-367.
Enz, C & Siguaw, J (2000). Best practices in service quality. Cornell Hotel and Restaurant Administration Quarterly, 41(5), 20-29.
Gao, F., Li, M., & Nakamori, Y. (2002). Systems thinking on knowledge and its management: Systems methodology for knowledge management. Journal of Knowledge Management, 6(1), 7-7.
Technology has fundamentally changed the manner in which business, commerce, and networking are conducted. Innovations related to data analytics and artificial intelligence have expanded the realm of possibilities for a range of industries from automobiles to energy. With these revolutions come a host of uncertainties as well. Forecasting the future has simultaneously become more predictable but more uncertain. Likewise, technology has become more secure but also much more dangerous. With each new iteration of technology, new advances in products, goods and services emerge. This has ultimately ushered in a new wave of prosperity not seen since the industrial revolution, where nearly all market participants are impacted. Through these innovations however, it is important for consumers to be cognizant of the impacts of artificial intelligence on information and security management (Li, ).To begin, as noted in the introduction, technology has altered nearly every industry across the world. To better understand in…...
mlaReferences 1. Shenzhou. Simultaneous management and service together to create a shield of financial security. Electronic Finance, no. 8, pp. 90-91, 2017.2. Zhao Yingqiu. Chongqing Business Management Department adopted innovative measures to improve the information security management level of the financial industry. The era of financial technology, vol. 024, no. 003, pp. P.59-61, 2016. 3. Tang Xianyong. Innovating confidentiality management and strengthening information security management. The era of financial technology, vol. 024, no. 002, pp. 66-67, 2016. 4. Lu Ruiyun. On the Security Control Strategy of Financial Informationization in the New Era. Journal of Shijiazhuang Railway Vocational and Technical College, 016, no. 004, pp. 73-75, 2017. 5. Zhao Hai, Chen Fang. Research and Practice of Electronic Payment Information Security Management System. Information Security Research, vol. 005, no. 006, pp. 534-541, 2019. 6. Hu Di. Research on financial innovation and wealth management in the context of internet finance. Chi Zi, vol. 000, no. 030, pp. 66, 2018. 7. Zhu Jianming, Wang Xiuli, Lin Zheng, et al. Information security 4-3-3 multidimensional teaching system for the cultivation of innovative talents in financial management. Education Teaching Forum, vol.234, no. 48, pp. 92-93, 2015. 8. Chen Li. Internet finance needs more attention to information security. New Financial World, vol. 000, no. 012, pp. P.44-44, 2015. 9. Li Jian. Information Security Management of Internet Finance of Finance Companies. Financial Economy (Theoretical Edition), vol. 000, no. 007, pp. 139-140, 201610. M. Mustapha, S. J. Lai et al., “Information technology in audit processes: An empirical evidence from malaysian audit firms,” International Review of Management and Marketing, vol. 7, no. 2, pp. 53–59, 2017.11. K. Roundy, M. Dell’Amico, C. Gates, M. Hart, and S. Miskovic, “Systems and methods for providing integrated security management,” Mar. 26 2019, uS Patent App. 10/242,187.2
Service Quality esearch
The research discussed in this paper is based on the application of the SEVQUAL model to the restaurant sector of the hospitality service industry. The SEVQUAL model was developed in 1985 and has been refined since for use in the service industry. In contrast to goods, service quality has been difficult to measure because of the intangibility, variability and heterogeneity of the service. Moreover, the service quality depends on the interaction between service provider and consumer. The SEVQUAL model was developed to overcome these limitations. The research articles discussed in the following sections were all conducted to apply the model in the restaurant sector to evaluate the service quality of various kinds of restaurants.
In addition to the SEVQUAL model, another useful model is the DINESEV model which has also been used by a couple of the researches discussed in this paper. The researches discussed in this paper have…...
mlaReferences
Chow, I.H., Lau, V.P., Lo, T.W., Sha, Z., & Yun, H. (2007). Service quality in restaurant operations in China: Decision- and experiential-oriented perspectives. Hospitality management, Vol. 26, pp. 698-710. Accessed from www.sciencedirect.com
Fitzsimmons, J.A., & Fitzsimmons, M.J. (2006). Service management. 5th ed. Tata McGraw-Hill.
Fu, Y., & Parks, S.C. (2001). The relationship between restaurant service quality and cnsumer loyalty among the elderly. Journal of hospitality tourism research, Vol. 25, pp. 320-336. doi: 10.1177/109634800102500306.
Grigoroudis, E., & Siskos, Y. (2009). Customre satisfaction evaluation: Methods for measuring and implementing service quality. Springer Publications.
Banks have thus the role of distributing these products to their customers. Added to that in the international arena banks are dealing more with derivatives and foreign exchange, making the role of the bank far more important in the overall well being of the economy. Banks are diversifying and redefining themselves as trading, banking and service institutions. The banks are multifunctional and are known by various terms like the 'clearing bank' in UK, 'Commercial banks' and 'Investment banks' or 'Merchant banks'. Banks are thus redefining themselves to suit the wider rage of operation sand services offered. (Cranston, 1997, p. 3)
2. Globalization of banking sector
Globalization is a phenomenon that has invaded all industries and human life. The changes that have come about after the break down of the cold war and the new social interaction between nations have affected the financial sector as well. Globalization has removed restrictions for operations…...
mlaReferences
Ashdown, Neil H. (2002) the Impact of Banking Policy on Trade and Global Stability.
Quorum Books. Westport, CT.
Chambliss, William J; Block, Alan a; Weaver, Constance a. (2004) All Is Clouded by Desire: Global Banking, Money Laundering, and International Organized Crime. Praeger. Westport, CT.
Cranston, Ross. (1997) Principles of Banking Law. Clarendon Press. Oxford.
The balancing of costs and customer loyalty are being mediated by the service supply chain considerations as well in each of these companies. As the major limitation is intelligence of how self-efficacy changes over time as customers are routed to new avenues of participation, much work needs to be done in this area as it is critical for the growth of these strategies across all lines of services offered. The critical link of customer identification with the services needs to stay intact despite the challenge of keeping these roles in sync with supply chain visibility and planning.
ibliography
Anderson, G., Morrice, D., Lundeen, G. (2005). The "physics" of capacity and backlog management in service and custom manufacturing supply chains. System Dynamics Review, 21(3), 217-247. Retrieved April 1, 2008, from AI/INFORM Global database. (Document ID: 970922231).
Hartline, M.D, Ferrell, OC. (1996). The management of customer-contact service employees: An empirical investigation. Journal of Marketing,…...
mlaBibliography
Anderson, G., Morrice, D., Lundeen, G. (2005). The "physics" of capacity and backlog management in service and custom manufacturing supply chains. System Dynamics Review, 21(3), 217-247. Retrieved April 1, 2008, from ABI/INFORM Global database. (Document ID: 970922231).
Hartline, M.D, Ferrell, OC. (1996). The management of customer-contact service employees: An empirical investigation. Journal of Marketing, 60(4), 52-70. Retrieved April 1, 2008, from ABI/INFORM Global database. (Document ID: 10281333).
Hsieh, a & Yen, C.H., Chin, K (2004). Participative customers as partial employees and service provider workload. International Journal of Service Industry Management, 15(2), 187-199. Retrieved April 1, 2008, from ABI/INFORM Global database. (Document ID: 650144811).
Jack, E., Bedics, T., McCar, C.. (2006). Operational challenges in the call center industry: a case study and resource-based framework. Managing Service Quality, 16(5), 477-500. Retrieved April 2, 2008, from ABI/INFORM Global database. (Document ID: 1143410581).
Service Demand & Supply
Service Demand and Supply Planning
Planning is considered the most important function of every project and organization (Singla, 2011). Successful organizations spend their more than 60% of the time in the planning process. It is because strong planning makes the subsequent steps easy. If planning is poor, the rest of the activities are bound to fail. It is, therefore, mandatory to spend maximum time and put in the best efforts in the phase of planning so that execution and implementation can be made possible without hassle.
In the context of business organization, the major game to play around is maximizing profitability (Tulsian, 2002). It is the core objective of every commercial organization and the very survival and existence of organization depends upon the ratio of profits it earns. The simple formula of profit calculation is revenue less expense. In order to maximize profits, organizations adopt any or both of…...
mlaReferences
1. Arlbjorn, Jan, Vagn, Freytag and Henning, De. 2011. "Service Supply Chain Management." International Journal of Physical Distribution & Logistics Management 41: 277-295
2. Arlbjorn, Jan. 2010. Supply Chain Management. Denmark: Academica.
3. Costes, Fabbe, Marianne, Jahre and Christine, Roussat. 2009. "Supply chain integration: the role of logistics service providers." International Journal of Productivity and performance Management 58: 71-91.
4. Holmstorm, Jan, Ala-Risku, Timo et al. 2010. "Demand-supply chain representation: A tool for economic organizing of industrial services IMS." Journal of Manufacturing Technology Management 21: 376-387.
This, according to Karen blurs the line between the organization and the people among whom it is established. There is a likelihood of the organization losing the social identity and touch with the people among whom it is established who, as a social culture, should be part of its identity. This is seen from that lacking human face of the organizations and all that people encounter are machines and software.
However, looking at the entire aspect with the postmodern theory perspective, there is always the temptation to believe that this is the right trend to follow. The post modern theory attempts to bring sense into the multifaceted and the highly dynamic business environment. According to Bryan C. (2004) postmodernism explains a series of breaks and continuations experienced within the contemporary community. It is based and argues for advancements, innovation, and adaptation to the contemporary dynamic goings on. This then means…...
mlaReferences
Bryan C., (2004). Post Modern Theory. Retrieved May 16, 2013 from http://comm.colorado.edu/~taylorbc/Postmodern%20Theory.pdf
Michael Palm (n.d). Outsourcing, Self-Service and the Telemobility of Work. New York University.
Karen Stocker, (n.d). Identity as Work: Changing Job Opportunities and Indigenous Identity in the Transition to a Tourist Economy. California State University, Bakersfield
The best-known companies who are selling CM systems today on the SaaS platform include Salesforce.com, today a $1B company, ightNow Technologies and SugarCM both of which are growing at an average of 7% to 10% a year in revenue and new subscribers (Tsai, 2010).
How Trends Today Will eshape the Market Tomorrow
All of these trends of analytics, process-based application development, and SaaS platform development will accelerate the adoption and use of CM systems over time. In addition, the use of SaaS-based platforms is going to open up the use of customer information stored on social networks. In the next five years, social networks and CM applications will be tightly integrated together, providing more insights than ever before into customer needs, wants and preferences. The exponential growth of social networks and the wealth of customer data contained in them is also a dominant trend in the development of future generation CM…...
mlaReferences
Bernoff, J., & Li, C.. (2008). Harnessing the Power of the Oh-So-Social Web. MIT Sloan Management Review, 49(3), 36-42.
Lashar, J.. (2009, May). To SaaS or Not to SaaS? Customer Relationship Management, 13(5), 14-15.
Rapp, a., Trainor, K., & Agnihotri, R.. (2010). Performance implications of customer-linking capabilities: Examining the complementary role of customer orientation and CRM technology. Journal of Business Research, 63(11), 1229.
Jayanthi Ranjan, & Vishal Bhatnagar. (2008). Principles for successful aCRM in organizations. Direct Marketing, 2(4), 239-247.
service encounters from your own perspective as a customer and as a services marketing manager. Part one will consist of examination of an organization that provided the worst service of any organization ever encountered by recognizing the concepts of service marketing from the appropriate chapters of the prescribed text, and Part two will be comprised of an account of an organization doing an excellent overall job by applying services marketing concepts recognized.
ad Service Organization
AT&T undoubtedly has provided the worst service ever encountered by the writer of this work. The company advertised a bundled package that included a home phone and broadband internet service along with mobile phone service. The company failed to inform the customer that the area in which they resided did not have roadband service and sold the customer the bundled package at a set price. When the customer received the mobile telephone, the customer soon realized…...
mlaBibliography
Frei, FX (2008) The Four Things a Service Business Must Get Right. Harvard Business Review. Retrieved from: http://www.wealthcounselforums.com/uploaded_files/speaker_bio/43/FourThingsServiceOrganizations.pdf
Mishra, S. (2010) Internal Marketing -- A Tool To Harness Employees' Power in Service Organizations in India. International Journal of Business and Management. Vol.5. No. 1 January 2010.
Morrow, P. (2011) Eight Keys to Creating a Customer Service Culture. Inc. Retrieved from: http://www.inc.com/articles/2000/08/20028.html
PART 1 Foundations for Services Marketing (nd) Retrieved from: http://www.mcgraw-hill.co.uk/he/chapters/9780077107956.pdf
Service ecovery in a Successful elationship
After exhausting all the possible thresholds of the product manufacturing industry the marketers and the organizations are showing a clear tilt towards the services sector. The service industry refers to the companies that are involved in the rendering intangible services for the benefit of the customers. Irrespective of the fact that the service industry deals with intangibles but yet the services sector operates fully to accommodate the basic principles of business and marketing in the competitive environment. The customers and profitable customer relationship management are equally important for the organizations concerned with the tangibles as well as intangibles.
Service Sector
Services encompass all the activities of an organization that are mainly focused on ensuring that the requirements, desires and needs of the customers are appropriately catered via intangibles. It is hereby required by a service organization to satisfy the needs and wants of the customers. The…...
mlaReferences
Friedman, N. (2007). Service Recovery. The Art of Damage Control .
Korczynski, M. (2002). Human Resource Management in Service Work. Basingstoke.
Lehndorff, S. (2005). Working in the service sector:a tale from different worlds. New York: Routledge.
must be factored into the equation of how much it will cost to operate the business.
Finally, because human beings are one of the primary resources of the service sector, employee attrition is always a problem. Poor employee training results in poor customer service, and a loss of critical demand. In manufacturing, a behind-the-scenes employee can be retrained with greater alacrity, and his or her personality and ability to provide good customer service is less critical to the survival of the business.
From an operation manager's perspective, the most frustrating difference between the two sectors lies in the fourth area of expense, the greater overhead costs of the service sector. It is often more difficult to pinpoint where needless waste is occurring, in the service industry, because it is often due to human factors, or incorrect use of the equipment by employees. In the manufacturing sector, a manager can quantitatively track…...
1. Business Profitability: The Role of Cost Analysis
This essay examines the critical role of cost analysis in determining business profitability, exploring techniques such as cost-volume-profit analysis and break-even point calculation.2. Revenue Optimization and Profit Enhancement
This essay investigates the strategies used to optimize revenue and increase profitability, including pricing analysis, demand forecasting, and sales performance evaluation.3. Profitability Impact of Capital Budgeting and Investment Decisions
This essay analyzes the mathematical principles behind capital budgeting and investment decisions, highlighting the potential impact on business profitability.4. Cash Flow Management: A Key Determinant of Profitability
This essay emphasizes the importance of cash flow management in ensuring business....1. The evolution of the subscription-based business model in the digital age
2. The impact of e-commerce on traditional brick-and-mortar business models
3. How data-driven business models are transforming industries
4. The role of social responsibility in modern business models
5. The rise of gig economy platforms and their impact on traditional employment models
6. The future of the sharing economy and its implications for traditional business models
7. The intersection of technology and sustainability in shaping new business models
8. The role of artificial intelligence in revolutionizing business models
9. The challenges and opportunities of platform-based business models
10. The importance of customer-centric business models in the age....
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