Application of Problem Solving Process in Real-Life Problems

Question: Describe about the Application of Problem Solving Process in Real-Life Problems. Answer: Application of Problem Solving Process in Real-Life Problems One of the problems solving techniques that can be employed in working out mathematical problems is Polya Method. The method has five fundamental steps that when accurately followed, can solve mathematical problems that appear complex (Polya, 2014). The steps involved in the Polya Method include Understand the Problem: this entails analyzing the problem by splitting it into simpler parts and solving the problem in parts instead of solving it wholly. The device the necessary plan: this involves planning how to solve the problem by devising an equation, pattern, or table to make the problem less complex. Carry out the plan to solve the problem: this involves the implementation of the plans devised to solve the problem. Look Back: this involves reflecting on the steps employed in solving the problem. The four steps are summarized in the illustration below (Yuan, 2013). Figure 1Polya Method of solving a problem Application of the Polya Method in solving a real life problem A father is nine times his sons age now. In three years from now, the father will be five times the age of the son. Determine the age of the father. Understand the Problem The age of the son is unknown, therefore; it is assigned a value . If the age of the son = , then the age of the father = 9 Device the necessary plan To solve the problem, an equation that involves the unknown variables is used to make it a mathematical problem. In three years from now, the age of the son will be the current age + 3 Meaning, sons age = + 3 While the fathers age = 9 + 3 However, the fathers age will be five times that of the son in three years from now. Therefore, 5( + 3) = 9 + 3 Carryout the plan to solve the problem Solving for the unknown in the equation, 5( + 3) = 9 + 3 = 3 Look Back From the solution the fathers age is 9 = 3*9 = 27 years old References Yuan, S. (2013). Incorporating Plyas Problem Solving Method in Remedial Math.Journal of Humanistic Mathematics,3(1), 96-107. Polya, G. (2014).How to solve it: A new aspect of mathematical method. Princeton university press.

Strategic Cost Management and Performance †MyAssignmenthelp.com

Question: Discuss about the Strategic Cost Management and Performance. Answer: Introduction In the Barossa Valley the development association has been formed named the Barossa Valley Development Association Inc. (BVDA). The main purpose of this association is to provide knowledge of the locality that would enhance the development. The Barrosa valley which is known for its wine and scenic beauty attracts many tourist and is planning to conduct a case study to explore the management and the accounting issue. For the research, the Barrossa valley has appointed a family named Karmichael. The main purpose of the research is to point out the various issues in the accounting like underutilization of the resources and accounting processes (Cooper 2017 p 27, para 12). The Karmichael is one of the family businesses that work under the BVDA. It has three businesses located outside of Tanunda. Since the middle of 1800s, the property was converted to vineyards and in the mid-1960s into a boutique winery. The three businesses are run by different family members and each of them deals wit h different products and services. The crooked creek vines that was established by Paul and Mary Karmichael is now taken over by their son and his wife, Grace and Alby deals with the red wines and have recently planted new varieties which are about to give the first harvest. The second one is Vine Dining that is run by Sophie that deals with food products and dining, that produces and promotes a farm-to-table concept with varying menu depending on season and harvest. Samuel who is the brother of Sophie has opened a bakery named Rolling in Dough that includes a including a range of gluten free baked products. The main purpose of the discussion is to identify the various cost associated with the Karmichael holding and the accounting management issues of the same. The Barossa Valley Development Association Inc. needs to identify the process and policies of the Karmichael holding so point out the issues in the accounting (Henri Boiral and Roy 2016). It has been suspected that the management accounting is underutilized and the main reason behind the same is due to the misunderstanding of the business owners. In the Karmichael holding, although, there are three kinds of business that deals with three different kinds of commodities the management processes and policies are same ( pp 3, para 6). Cost classifications and use of information in decision-making: The cost classification is the process in which the Karmichael holding classifies its various costs into different categories. The categories of costing include fixed cost, variable costs, production cost and opportunity costs. The costs are classified according to their function, traceability, timing of charge against revenue, behavior and relevance to the decision making. In the given organization pilot study it has been found that the cost are classified into manufacturing cost and the other is the non-manufacturing costs. As per their name, the manufacturing costs refer to the goods that are converted from the raw materials and are manufactured for sale (Sechilariu Wang and Locment 2014 p 9, para 16). In Karmichael holding the crooked creek, Vine Dining, Rolling in Dough have different kinds of products manufactured and require different kinds of raw materials. Similarly, non-manufacturing costs differ in the three d ifferent sections. It includes the selling expenses and the administrative expenses. The Karmichael being a tourist spot does not require any advertisement and costs of promotion (Lanen 2016, p 56 para 102). When it comes to decision making of the Karmichael there are three types of decisions. One is the strategic decisions; the second is the operational decision and the third is the managerial decisions (Homburget al. 2016 p 35, para 98). The strategic is the are non-repetitive in nature and are not related to the operations of the business. The operational decision deals with the regular functioning of the business. Then comes the managerial decisions that are needed for development, research and innovation. However, there are issues that are pointed out in the decision-making process in the Karmichael holding. At times, it is difficult for them to come into a conclusion, as there is an existence of multiple owners and all are co-related. This can be a major issue while taking a decision. Moreover, there are multiple kinds of business in the Karmichael which may lead to conflicts and confusion as the family members are only the owners and the managers as well (Ingram et al.2015 p 123, para 345). Cost estimation: The cost estimation refers to the total cost of the project program and operation. In the given case the estimated cost of the Karmichael holding the tendering or Cost Estimation is a part of project management subjects other than planning, monitoring, risk analysis, and budgeting. The Karmichael holding, dedicate a departmental organization to carry out coat estimation. It takes place for all three of the business undertakings within the holding and estimates the cost all together. The cost estimate of Karmichael holding has three main parts: Direct cost analysis: The direct cost is the cost of regular working of the Karmichael holding, it includes the labor cost, cost of purchase of plants and machineries, various materials and many more. The Karmichael holding deals with three business the crooked creek that deals with the vinery estimates the cost of the machines that help in the extraction of wines and various raw materials for production and its innovation. Vine Dining estimates the cost various cost related to food products and dining. The Rolling in Dough also estimates the various associated costs within including cost of the raw materials and other direct expenses (Boardman et al. 2017 p 86 para: 54 ). Indirect cost analysis: The indirect cost is the somewhat same for all the three businesses that includes the staff salaries, accommodation, office expenses. All three businesses estimate the indirect cost similarly as the three of them are located in the same location. Mark up: the mark is the investment decisions that are taken by the owners of the company who are the businesses top management (Konijeti et al. 2014. para-10). The Karmichael holding estimates the costs by using the excel sheet, moreover, there are many software programs that are used which makes the process much easier. The business uses the Candy CCS for accurate and fair estimation. Cost-volume-profit analysis: Karmichael holding uses the CVP analysis technique for determining the costs and volume changes that affect the company's operating net income. In performing the CVP analysis, there are several assumptions, as per their procedure they take sales price per unit, variable costs per unit, total fixed costs to be constant. They also assume that everything that is produced is sold and the costs are only affected because of changes in business activities. The company uses the net income equation of cost volume profit analysis. The problem encountered by Karmichael holding when cost-volume-profit analysis stands as a basis for decision-making is managerial inefficiency and this includes ignorance of this concept that is inability of the management to employ it in their decision making and also not knowing the importance of cost volume- profit analysis. Karmichael holding are not relevant in their decision-making process (Palanski, Avey and Jiraporn 2014 p257, pa ra 5). Job and process costing: Job costing is the method of recording themanufacturingjob, rather than process. Withthe help of this, the accountantcan keep track of the cost of each job, maintain data which is often more relevant to the operations of thebusiness. Job costing is the accounting methodology that the used to track the expense of manufacturing costs. Due to the fact that certain operations that takes place in the Karmichael require different operations, the manager use this methodology to trace the expenses of each job in order to use this information for tax and accounting analysis. The forms of Job Costing have includes the various direct costs like labor,materials, andoverhead (Said 2016 p 14 para 6). The various Cost in the Karmichael incurred stays in the work-in-process account throughout the job and when the job completed, they are transferred to the finished goods account. The job costing enables the accountants to can make sense of complicated jobs, which are moving towards the process of completion. The Karmichael uses the technique of job costing, as it is the most efficient process. They also use job-costing software that increases the efficiency and effectiveness. The Bookkeepers can run the system quite smoothly in this process. Although while surveying on the accounting issues in the Karmichael holding, it can be said the process of Job costing is comparatively more expensive as more clerical work is involved in identifying each element of cost with specific departments and jobs this increases the chances of errors (Garvey, Book and Covert 2016, p 225, para 295). Activity-based costing: The activity-based costing is a costing methodology that is used by the Karmichael holding where they assign each of the cost of activity with resources to all products and services. It has three sectors out of which the Vine Dining follows this type of costing as it activity based assigns the cost of each activity with resources to all products and services. it is beneficial for them as Vine Dining deals with various products like food, theme-based dining and hospitality. This model allocates the overhead costs into direct costcompared to conventional costing. It is the most trending and effective process of cost management. It Identifies and eliminates those products and services that are unprofitable and enables modification. It focuses on allocation of costs in operational management and segregates, the costs into fixed cost, variable cost and overhead costs. The fixed cost deals with the unavoidable costs that is not dependent on the production and sales (Eldenburg et al. 2016, p 556, para 897). The variable cost changes with the amount of production and varies. The overhead costs are the indirect costs that are related to the production and operations. This split of cost helps to identifythe cost drivers if achieved. In the process, the direct labor and materials is easy to trace directly to products, but it is more difficult to directly allocate indirect costs to products (Cascio 2018 p 129, para 45). However in order to identify the issues in the cost management process it can be said, applicability of ABC is bound to cost of required data capture that drives the prevalence to slow processes in administrations and services, where staff time consumed per task defines a dominant portion of cost. Hence the reported application for production tasks do not appear as favorable. Conclusion The process Cost management refers to the planning and controlling the policies of a business according to their operations. It is a form of management that enables a business to predict the expenditures and help in reducing the chance of going over the anticipated budget.Implementing a cost management structure for projects can help a business keep their over-all budget under control. In the given scenario, the Karmichael holds three kinds of business one deals with vine products, one deals with fine dining and the other deals with bakery. It can be said after analyzing the different kind of cost processes in the three different sectors namely crooked creek, Vine Dining, Rolling in Dough have different functions and therefore, the process of accounting is different for different sector. For crooked creek and rolling in dough, the job costing can be effectively used and in case of Vine Dining, the Activity Based costing is the most suitable one. An efficient process of analyzing the process of costing will enable to resolve the issue of underutilization of resources and manage the misunderstanding between the owners. References Boardman, A.E., Greenberg, D.H., Vining, A.R. and Weimer, D.L., 2017.Cost-benefit analysis: concepts and practice. Cambridge University Press.(Assesed from:https://www.lovetestbank.com/wp-content/uploads/2016/03/test-bank-for-cost-benefit-analysis-4-9780137002696.pdf) Cascio, W., 2018.Managing human resources. McGraw-Hill Education.(Assessed from:https://s3.amazonaws.com/academia.edu.documents/6473908/583915094.pdf?AWSAccessKeyId=AKIAIWOWYYGZ2Y53UL3AExpires=1527749284Signature=4SkChyUXx%2FfK3JLlDFWXD1ttISY%3Dresponse-content-disposition=inline%3B%20filename%3DManaging_human_resources.pdf) Cuguer-Escofet, N. and Fito, M., 2016. The Impact of ABC Costing Systems to Solve Managerial Cost Problems: A Real Improvement, a Fad or a Fashion?.(Assessed from:https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2987846) Henri, J.F., Boiral, O. and Roy, M.J., 2016. Strategic cost management and performance: The case of environmental costs.The British Accounting Review,48(2), pp.269-282.9 (Assessed from:https://www.sciencedirect.com/science/article/pii/S0882611015301243) Ingram, T.N., LaForge, R.W., Williams, M.R. and Schwepker Jr, C.H., 2015.Sales management: Analysis and decision making. Routledge.(Assessed from:https://www.taylorfrancis.com/books/9781317460282)Konijeti, G.G., Sauk, J., Shrime, M.G., Gupta, M. and Ananthakrishnan, A.N., 2014. Cost-effectiveness of competing strategies for management of recurrent Clostridium difficile infection: a decision analysis.Clinical Infectious Diseases,58(11), pp.1507-1514. (Assessed from:https://academic.oup.com/cid/article/58/11/1507/2895342) Lanen, W., 2016.Fundamentals of cost accounting. McGraw-Hill Higher Education. (Assesed from:https://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.474.3175rep=rep1type=pdf) Mahal, I. and Hossain, A., 2015. Activity-Based Costing (ABC)An Effective Tool for Better Management.Research Journal of Finance and Accounting,6(4), pp.66-74.(Assesed from:https://www.researchgate.net/profile/Md_Akram_Hossain/publication/309398925_Activity-Based_Costing_ABC_-_An_Effective_Tool_for_Better_Management/links/580e70bb08aef766ef10e546.pdf) Palanski, M., Avey, J.B. and Jiraporn, N., 2014. The effects of ethical leadership and abusive supervision on job search behaviors in the turnover process.Journal of Business Ethics,121(1), pp.135-146. (Assessed from:https://link.springer.com/article/10.1007/s10551-013-1690-6) Said, H.A., 2016. Using Different Probability Distributions for Managerial Accounting Technique: The Cost-Volume-Profit Analysis.Journal of Business and Accounting,9(1),p.3.(Assessedfrom:https://asbbs.org/files/2016/JBA_Vol9_2016.pdf#page=4) Sechilariu, M., Wang, B.C. and Locment, F., 2014. Supervision control for optimal energy cost management in DC microgrid: Design and simulation.International Journal of Electrical Power Energy Systems,58, pp.140-149. (Assessed from:https://www.sciencedirect.com/science/article/pii/S0142061514000313)

The Importance of Using a Sample Personal Essay For Writing a Student Essay

The Importance of Using a Sample Personal Essay For Writing a Student EssayStudents love sample personal essays for high school and college level examinations. These essays are great for helping you get a better idea of what writing a student essay is like. If you're a high school or college student, a sample personal essay for the SAT or ACT test could be just what you need to get you ready for the big exam.When students write samples for the SAT or ACT exam, they need to be written in a clear and professional manner. Students are more likely to find a higher grade if their sample personal essay is organized and formatted properly. You can achieve this by checking the essay for grammar, punctuation, spelling, and proper usage of the academic terms. The essay should also have an outline that outlines the major ideas in the paper.Students may think they are prepared for their exam by being prepared with their previous essays. While it's true that these essays are not going to come up on the test, students need to consider writing a new one in order to prepare themselves for the exam. High school and college students can use a sample personal essay as a chance to review their essays from their last year of high school and college.If your essay was an original one, then you may feel somewhat nervous about trying to write a new one. However, you should be okay with this since the writing sample essay will give you a head start to write the essay from scratch. This writing experience can be used as a teaching moment for your next year of college.Using a sample personal essay is a great way to show students how to structure a complex essay. Students may not realize that writing the best essay requires knowledge of the structure and sub-headings. You can give your students a better understanding of the types of topics that can be included in their essays. If you want to teach them how to write a good essay, astudent essay sample is a great way to do it.Although the sa mple personal essay may be focused on a certain topic, they can be used as general examples for writing a specific type of essay. For example, if a teacher were to give his students a sample essay about apple pie, he or she may find that the topics that have been covered on the essay are not the same topics that were covered in his class on the subject. By using a sample, he or she can quickly pick up the material and put it into their own writing style. After all, there is no substitute for practice.Students may have seen lots of essays on campus and read lots of essays online. However, most do not take the time to make an essay. When students do not take the time to write a proper essay, they usually get a lower grade. Taking the time to write a quality essay will not only increase your grades but help you learn about the world of academics.Writing a student essay is an important part of growing and learning. While studying for the exams, students will be forced to learn more abou t the subject of their essay. They may find that they have changed a little as a result of their writing experience. Writing a sample personal essay can be just what the students need to improve their writing skills and get a better grade on their high school or college level exam.

The beginning Giles Corey Essay Example

The beginning Giles Corey Paper It has been argued that Act three is the dramatic climax of The Crucible. Discuss how far you agree with this argument. In my opinion Act three is the dramatic climax of The Crucible but Act four also includes some very dramatic moments so could be considered as another dramatic climax to the play. In this essay I shall tell you why Act three is the dramatic climax and will also talk about why other acts build the tension up towards this climax. Miller uses allegory as he makes the audience think that he is only writing about 1692 Salem but he is also writing about, although not referring to the 1940s McCarthyism. In Acts one and two Miller creates dramatic tension and suspends the audience. Miller tries to give his views on witchcraft through John Proctor, as Proctor has very strong views on this subject. He tries to say that he believes there is no such thing as witchcraft and hates communism. The Acts in The Crucible follow a four part dramatic structure founded by a man called Gustav Freytag. The four parts are: exposition, Rising action, climax (turning point) and the falling action. These are split over the four acts and in each of the acts I will show you how these work with that particular act. Act one, is known as the exposition, which contains the inciting moment, the event that occurs which changes everything that happens then on. John Proctor, the protagonist, is introduced in this act as a quick witted, sharp tongued man who is fiercely independent. There are lots feuds established in the first act, and the first act just sets the general scene, building up to the dramatic climax. We will write a custom essay sample on The beginning Giles Corey specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The beginning Giles Corey specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The beginning Giles Corey specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Some of these feuds include, Abigail and Proctor, and Francis nurse and Thomas Putnam. The feud that affects the protagonist the most is his feud with Abigail Williams. The beginning of the Act starts of extremely quiet with Reverend Parris praying silently in the room on the bedside of Betty, his daughter. These is an extremely quiet beginning with a sense of sadness and confusion as the audience feel that this is a sad scene but also are confused about what exactly is going. There are numerous points of slight dramatic climax, which lead up to the inciting moment. Some of these are: when Abigail is questioned by Parris, when Proctor confronts Mary and when Tituba is questioned, this all builds up to the inciting moment. The incident which completely changes the outcome of the play, the inciting moment, comes right at the end of the play when the girls begin to make confessions about who they saw with the devil that night when they were all dancing in the woods. This Act establishes the characters and their objectives well. It shows that Reverend Hales objective is to find out the truth about what happened, Abigails objective was to save herself no matter what the outcome was on others, Reverend Parriss objective was to save his own name as the Reverend of Salem by sticking up for Abigail so that he would not look bad if she were convicted as Abigail is his niece and Proctors objective is also to find out the truth, without uncovering his hidden sin, his affair with Abigail Williams. In Act two we now move on to the rising action. The basic conflict of the false accusations in Proctors eyes, between him and Abigail becomes complicated as more conflicts interfere, including obstacles, which frustrate Proctors attempt to reach his goal of proving Abigail wrong about the witch-hunt. One of these secondary conflicts are, Proctors troubles with Elizabeth, when she is taken away as Abigail has accused her of witchcraft. There is lots of suspicion at the beginning of the act as there is a sense tat Abigail is in the room. Elizabeth begins to get suspicious; she cannot take her eyes off of John. She sits and watches him taste it this shows Elizabeth is questioning her trust for Proctor as once again we are told He eats. She watches him. This is immediately after the first time, and then finally once again we are told She is watching him from the table all this watching is within the first section of the first scene in Act two, the beginning is extremely calm, but all of Elizabeths suspicion through watching him erupts soon after. This sense of suspicion suggests that their relationship is not as strong as it is made out to be. Miller juxtaposes the calm beginning of the act, when Proctor arrives home and has dinner, with the hysterical ending, when Elizabeth is taken away after being convicted by Abigail Williams as a witch. The setting, lighting and sound effects all create dramatic tension, as the lighting, a fireplace suggests peaceful surroundings towards the beginning of the act but towards the end the fire signifies hatred and anger. The setting of the dinner table and the kitchen shows that it is a normal home at the beginning of the Act but towards the end this is not the case as it is not normal that Elizabeth is convicted of being a witch. And finally the sound effects, like the door being knocked on when Herrick arrives with the warrant for Elizabeths arrest, it suspends the audience leaving them wandering, what will happen next? Who is at the door? How will it link in with what is happening at the moment? This all leads up to the third Act of The Crucible, which is known as the climax (turning point). This is where here is a sudden change of events due to a bad decision by the protagonist. Miller manipulates the audiences response in this act by not showing them what is happening in the courtroom in the first scene. He does this because this is the only act which starts off hysterically, as all of the other acts start of calm and end hysterically, but this act starts off hysterically and ends also hysterically. There are many parts of the Act that could be considered as the dramatic climax but these are all just scenes that create tension building up to the dramatic climax. Some of these are, when at the beginning Giles Corey bursts into the courtroom claiming that he has evidence that would make his wife, Martha Corey is innocent, and when Mary Warren admits that her and all the other girls were pretending to be afflicted by witchcraft, and when Mary warren cannot faint when she was told to, also when Abigail and the other girls accuse Mary of setting a spirit upon them and finally towards the end of the act when Mary confesses that Proctor was the devils man.

Googles Market Analysis The WritePass Journal

Googles Market Analysis Abstract Googles Market Analysis -2013 economic down turn that affected many companies. The paper finally identifies key features of the company’s strategy in regard to the competition and market share. Introduction Started in 1998 by Larry Page and Sergey Brin, Google is a company that has specializes in internet search and advertising technologies  (Google, 2013). The company has diversified its base after mergers; acquisitions and partnerships to include products such as desktop and mobile phones. It has 22, 0000 employees and the leading search engine in the world.  Ã‚   The year 2006 saw the company extends its web presence beyond search engine to other applications. This changed and expanded its advertising revenue base with Ad words and AdSense positioned as major income generators.   After that the company has gone ahead to incorporate various strategies in order to stay head of the competition. It is in this light that this paper examines Google’s performance between 2006 and 2013 analysing its business strategy. Google’s Performance from 2006 until 2013 In the year 2006, Google’s market share was at 59 percent. This translated to an average of 59 percent of search queries that year  (Crane, 2007). Three of its main competitors, Yahoo, MSN and Ask posted poor results, way lower than Google’s.   Yahoo’s market share in 2006 was 24.7 percent; MSN’s was 8.7 percent and Ask’s was the lowest at 4.2 percent  (Crane, 2007). In the same year, Google’s revenue went up to $10.6 billion from the previous year’s $6.1billion  (Google, 2013). Yahoo, on the other hand, earned $6.4 billion in the same year with MSN earnings totalling approximately $ 600 million  (Knight, 2007) and Ask at 2.1 million  (Schwartz, 2006). In 2007, Google increased its market share from 59 percent in the previous year to 69 percent. This put the company’s market share 10 points higher than the previous year, translating to an increment of 2 billion queries every month  (Crane, 2007). Google made $16.5 billion almost 6 billion more than it earned in the previous year. 2007 saw Yahoo one of Google’s main competitors drop below its previous year’s performance; it earned 17.4 percent from previous year’s 24.7percent. MSN and Ask, on the other hand, gained market share to record 9.2 percent and 3.9 percent respectively  (Crane, 2007). Yahoo earned $6.9 billion at the end of the year, 8 percent from the previous year  (Helft, 2007). Google continued dominating the market and by 2008, 69.5 percent of all searches done online were from its search engine. This was 0.5 percent increment from the previous year’s 69 percent  (Shankland, 2009).   This growth was largely seen as at Yahoo and Microsoft’s expense. That year, Yahoo recorded 19.2 percent of the market share, while MSN recorded 5.9 percent  (Shankland, 2009). Despite the fact that Ask maintained its bottom ranking, it gained 1 percent to record a market share of 3.8 percent. In 2008, Google performed much better than the previous years, earning a total of $21.7 billion up $5 billion while Yahoo and MSN earned $7.21 billion, and $2.47 billion respectively. In 2009, Google had increased its market share to 66.3 percent with Yahoo registering a 15.3 percent market share drop from the previous year. Microsoft introduced its new search engine, Bing and upon its debut registered 9.34 percent while Ask came in at the fourth position at 2.65 percent  (Saad Kamal, 2009). It seems that both Yahoo and Bing lost a total of 7 percent combined. Google does not also seem to be the recipient of the 7 percent since it has steadily maintained the same figure with a 1 percent increment. Saad Kamal (2009) posit that this market share is slipping away to a new entrant, the social search. Social networking sites are increasingly becoming popular and especially Tweeter that users can use in asking questions or ‘social search.’ Nonetheless, Google maintained its market dominance in throughout this year with revenue of $23.6 a difference of almost 2 billion from 2008. Yahoo, on the other hand, generated revenue worth $6.4 billion. While MSNâ₠¬â„¢s Bing and Ask came in the bottom ranking. In 2010, the situation was different for Google as it lost its market share by a considerable amount of points to 64.4% percent in April; it later on grew to 66.3 in October (Goodwin, 2011). Yahoo gained to 17.7 percent from 16.9 percent while Bing went up to 11.8 percent  (Acohido, 2010). Despite that fact, Google’s revenue for 2010 went up to $29.3 billion from the previous year’s $23.6 billion. Yahoo reported a drop in its revenue from $6.4 billion to $4.9 billion while Bing earned $50 million  (Blodget, 2010). In 2011Google’s market share grew from 65.3 percent to 65.6 percent, and this is a decrease from the year to year figure of 66.3. Yahoo continued to decline and registered 15.2 percent while Bing increased to 14.8 percent  (Goodwin, 2011). Ask declined 3 percent to 2.9 percent while new entrant AOL claimed 1.5 percent of the market share. Google continued to grow its revenue and in 2010, it reported $29.3 billion  (Google, 2013), while Yahoo earned $4.9 billion  (Yahoo! Inc., 2011). In 2012 Google’s percentage was at 66.9 of all searches conducted. Bing recorded 16 percent indication of increased market share from 15.9 percent in the previous year  (Goodwin, 2011).   Yahoo showed signs of stabilizing by recording 15.2 percent of all online searches for the past 15 months. Ask recorded 3.2 percent while AOL was at 1.8 percent drop from 2.9 in the previous year. That year Google earned $31.2 billion, with Online Services Division that Bing falls under reported $707 million revenue  (Sterling, 2012). Yahoo also remained stagnant with its revenue at $4.9. The year 2013 saw Google drop 2 points to 66.7, and Bing   at 18.1 percent and Yahoo increased a percentage to record 11.2 percent  (Miller, 2013).AOL recorded   1.4 percent. An Economic Analysis of Google   Google’s strategy has   propelled it to the pinnacle of the market and kept it there for many years  (Helms Nixon, 2010). The company has successfully implemented its open source products as well as services.  Ã‚   As the company underlines in its mission, universal access to information is one of the reason its products are increasingly used. Google has a number of valuable open source products including maps, earth, calendars, drive and many other. However the most important is its web ranking   tool, web directory   and the search engine optimiser that have made it most sort after company on the internet  (Redsicker, 2013).   Google also seems to succeed as a result of it quality offering and good customer experience. Strategic Management Insight (2013) claims that everything that the company gives its customers is of premium quality and most important, they are aimed at solving their users problems and needs.   Google is stable financially and is one o f the most profitable organizations. Strategic Management Insight (2013) explains that it has $48 billion in asset and $7billion in debt. This makes it very easy to deter any kind of competition  (Helms Nixon, 2010).   The company has access to the highest number of internet users. As seen in the above paragraphs, since 2006 until 2013 there is no other company that has stood unbeaten in user numbers other than Google.  Ã‚  Ã‚   It has access to 80 percent of world computer search market and 90 percent of mobile service search market  (Strategic Management Insight, 2013).  Ã‚   By 2012,, the company had added over 1000 patents and was ranking 21 in all companies that have the highest number of patents. This gives it a strong portfolio as compared to its competitors in the market.   The company either strives to or has integrated its products.   Google has enabled its products to operate on any system without any challenges. It compares to no other company in regard to product integration. According to the Boston Consulting Group (2013), Google is one of the most innovative organizations globally. It was also recognized as the second patent creator globally in 2012. The company recognizes innovative work cultures as its main assets. Economic Analysis of Markets Advertising market is rapidly on the rise, and this is good for Google. However in the long run this might be detrimental to the revenue collection  (Strategic Management Insight, 2013). Personal Computers are on the decline in the market, and these formed that bulk of desktop engine search market. The company needs to find ways of pushing back this competition in order to avoid losing its source of income  (Helms Nixon, 2010). The company is also faced with the challenge of turning the growing mobile device market into money. This is the market that has the potential to grow beyond desktop computers  (Fine, 2009). In addition, the growth of advertising or emerging market is seen in the developing economies where the prices are lower than in developed economies, this is an indication that the growth of advertising will be insignificant to the company in the near future. Google has a number of high quality products that are unprofitable. They seem to add no value to the company , and this is detrimental to its future. Wider Macro Content In 2006 Google launched Google Finance, Translator, and Calendar and announced its acquisition of You Tube, as strategy to expand its market. In the following year, it announced Android, and also expanded its partnership with You Tube. In 2008 Google acquired Double Click and also dedicated a website to the United States Elections. Later in 2009 Google launched Google voice, Ventures and voice search on its Android and also announced Google Chrome. Google on the other hand has not fully maximized its potential to perform better and maintain its market share based on a number of issues based on its strategy.   The number of mobile internet users is rapidly increasing, and this gives it the opportunity to establish an advertisement display platform on such devices so as to open newer markets  (Strategic Management Insight, 2013). In addition, the company can get patents through mergers and acquisitions. This will enable the company grow and compete successfully  (Ahuja Katila, 2 001). Google innovative culture has led to its introduction of a driverless car a concept that can be used in a wide scale, in future automobile model. The company though not an automobile company can license these models to manufactures as an additional income channel. Google with the introduction of the Google Chrome book Pixel Touch Screen Digitizer, Google Nexus One and HDMI Streaming Media Player have given indication of its intension to capture the electronic industry. This is a new opening for the company and is receiving a warm reception in the market  (Booton, 2013). According to Strategic Management Insight (2013), Google is currently working on fiber cables that will revolutionize the speed of content delivery online. This is consistent with its strategy of getting people to use the internet as much as possible; universal access. This would integrate the company vertically since it would have no competition in such infrastructure  (Fine, 2009). Effectiveness of Google’s Business Strategy Google generates more revenue from its web based products; this is the Cash Cow  (Shulman, 2008). In particular, its web ranking has made it monopolize the internet business. It is impossible for any online company to operate without Google web ranking and Google has used this product to exert its might in the industry. Most major companies are at the mercy of Google’s algorithm a product that determines the success or failure of any online business. It is the unseen hand that controls all businesses online. JC Penny unsuccessfully tried to break into this system and lost considerable amount of its revenue in 2011  (Fox, 2011). Google took advantage of the increased traffic and web ranking to survive the challenges associated with the global GDP fall in 2012. This was the year that the company made the greatest gain in its history commanding 66.9 percent of all internet searches. Key Features of Google’s Strategy Google’s business strategy might seem successful and one that has seen the company rise over the years, however, a close analysis of this strategy reveals monopolistic business practices. Google is a company that is financially stable and is capable of introducing as many products in as many markets as possible to divert attention of critics. In addition, Google’s greatest asset has always been its innovation. The company unveils new products and technology constantly and this has kept it a head of competition. Google’s strategy has also been a disadvantage to the company; the company has focused on acquiring online companies and grown in that regard, but it has failed to tap considerably into other streams of income.   It is not easy to point at any of its electronic products as state of the art or as a market leader. The leadership’ vision focused on the internet as the basis of its business. Conclusion Google has aggressively positioned itself in the market; it   is continuously becoming volatile with competitors and other stakeholders viewing Google as un fairly taking advantage of its strength to stay at the top. Google has successfully positioned its self in the market and with this coupled with a stable financial base, has been the reason for its success. The company through innovation, continually introduces new products that are instant hits in the market and this will be able to help it dominate. However, as seen above there are areas that the company needs to take notice of in order to stay a head of the competition.   Dependence of on product is detrimental to its financial future and call for the creation of multiple streams if income. Bibliography Acohido, B., 2010. Googles search market share slips as Bing rivalry heats up. [Online] Available at: http://content.usatoday.com/communities/technologylive/post/2010/05/googles-market-share-slips-as-bing-rivalry-heats-up-/1#.Urdg6vRdVoA [Accessed 22 December 2013]. Ahuja, G. Katila, R., 2001. Technological Aquisitions and the Innovation Performance of Acquiring Firms: A longitudinal Study. Strategic Management Journal, pp.197–220. Blodget, H., 2010. Well, Now We Know Where Those Microsoft Bing Share Gains Came From. [Online] Available at: businessinsider.com/bing-share-gains-2010-4 [Accessed 22 December 2013]. Booton, J., 2013. Smartphone, Tablet Revenue Overtaking Consumer Electronics. Fox business, 25 October. Boston Consulting Group, 2013. BCG Names the Worlds 50 Most Innovative Companies. [Online] The Boston Consulting Group Available at: bcg.com/media/PressReleaseDetails.aspx?id=tcm:12-125372 [Accessed 23 December 2013]. Crane, J., 2007. November 2007 Search Market Share: The Market, Google, and Yahoo! All Break Search Records? [Online] Available at: https://blog.compete.com/2007/12/12/search-market-share-november-google-yahoo-ask-msn-live/ [Accessed 22 December 2013]. Fine, L.G., 2009. The SWOT Analysis:Using your Strength to overcome Weaknesses, Using Opportunities to overcome Threats. Kick It, LLC. Fox, V., 2011. New York Times Exposes J.C. Penney Link Scheme That Causes Plummeting Rankings in Google. [Online] Available at: http://searchengineland.com/new-york-times-exposes-j-c-penney-link-scheme-that-causes-plummeting-rankings-in-google-64529 [Accessed 24 December 2013]. Goodwin, D., 2011. October 2011 Search Engine Market Share: Bing Losing Power? [Online] Available at: http://searchenginewatch.com/article/2124890/October-2011-Search-Engine-Market-Share-Bing-Losing-Power [Accessed 22 December 2013]. Google, 2013. 2006 Financial Tables. [Online] Available at: http://investor.google.com/financial/2006/tables.html [Accessed 22 December 2013]. Google, 2013. Our history in depth. [Online] Available at: google.com/about/company/history/ [Accessed 23 December 2013]. Helft, M., 2007. Yahoo Profits Steady; Revenue Up 8%. [Online] Available at: nytimes.com/2007/07/18/technology/18yahoo.html?_r=0 [Accessed 22 December 2013]. Helms, M.M. Nixon, J., 2010. Exploring SWOT analysis – where are we now?: A review of academic research from the last decade. Journal of Strategy and Management, 3(3), pp.215 251. Knight, K., 2007. Yahoo Revenue Up for 2006. [Online] bizreport Available at: bizreport.com/2007/01/yahoo_revenue_up_for_2006.html [Accessed 22 December 2013]. Miller, R., 2013. Google loses marketshare in latest comScore stats, but Microsoft unchanged. [Online] Available at: fiercecontentmanagement.com/story/google-loses-marketshare-latest-comscore-stats-microsoft-unchanged/2013-12-17 [Accessed 23 December 2013]. Redsicker, P., 2013. Findable Content Marketing: 3 Google Keyword Tool Tips. Content Marketing Institute. Saad Kamal, 2009. Google Bites on 72% of US Search Market. [Online] Available at: saadkamal.com/search-marketshare-nov09/ [Accessed 22 December 2013]. Schwartz, B., 2006. [Online] Available at: http://searchenginewatch.com/article/2057435/Ask.coms-Revenue-Increases-62-Percent [Accessed 22 December 2013]. Shankland, S., 2009. Google conquers 2008 search market in U.S. [Online] Available at: http://news.cnet.com/8301-1023_3-10143183-93.html [Accessed 22 December 2013]. Shulman, L., 2008. The Return of the Cash Cow. Chicago: The Boston Consulting Group. Sterling, G., 2012. Microsoft Delivers Strong Quarter: $17.4B Revenue, Bing Division Sees Smaller Loss. [Online] Available at: http://marketingland.com/microsoft-delivers-strong-quarter-17-4b-revenue-bing-division-sees-smaller-loss-10394 [Accessed 23 December 2013]. Strategic Management Insight, 2013. SWOT analysis of Google. [Online] Strategic Management Insight Available at: strategicmanagementinsight.com/swot-analyses/google-swot-analysis.html [Accessed 23 December 2013]. Yahoo! Inc., 2011. Yahoo Annual Report. Sunnyvale: Yahoo! Inc.

Multivariate analysisand cluster Speech or Presentation

Multivariate analysisand cluster - Speech or Presentation Example This analysis is aimed at investigating the significant difference between the USFOX and BRITISHFOX. In this study, the variables are F1 Height at shoulders in centimetres, F2 body length in centimetres, and F3 weight in kilograms. In this case we will investigate if there is any difference in adult male red fox measurements between the US and Great Britain. The difference between the two populations USFOX and British FOX will also be investigated in this research. In this study, we will investigate if there exists any correlation between the height at the shoulders, and the length of the body (Tunner. D. E and Youssef-Morgar C.M, 2013). The correlation between the height of the body and the weight of the body. The correlation between the length of the body and the weight of the body. We will first explore the population to investigate the univariate normality and bivariate normality, Kutner, M. H., C. J. Nachtsheim, J. Neter, andW. Li (2005). We will also explore the relationship be tween the variables. We use the r-program to do the analysis test for univariate and bivariate normal. Statistics is in every day activities, and its hard to go without any encounter of statistics (Campbell, G, Stonehouse, G & Houston, B 2002). Without statistics, we couldn’t be able to plan our budgets, pay our taxes, enjoy ourselves to the fullest or even evaluate our performance in the various job positions. Descriptive statistics includes qualitatively describing the features of gathering of information. Descriptive statistics aims at summarizing the sample unlike inferential statistics that aim at learning about the population. The descriptive statistics are not obtained on the ground of probability theory. Some of the measures used to define the data are the measures of central tendency and the measures of dispersion (Brue Stanley. & Randy Grant, 2007). The measure of central tendency that we are going to look at include; mean,

Terrorist group Al Qaeda Research Paper Example | Topics and Well Written Essays - 1750 words

Terrorist group Al Qaeda - Research Paper Example Many claim that the origins of the group go back to the Soviet invasion of Afghanistan, giving us a glimpse of the basis for the group from its inception. It is basically a stateless army made up of mostly Sunni Muslim’s who are willing to die for their cause. This paper is designed to explain Al Qaeda and to educate the reader about the dangers of the organization and what the global community is doing to protect itself from the radical group moving forward. Numerous attacks have been attributed to Al Qaeda, including embassy bombings, that attacks in Bali, and the horrific events that occurred on September 11, 2001. These, and other events like them, were brazen attacks that the organization proudly took credit for. There have been hopeful signs in recent years, however, of a weakened organization in light of numerous leaders being killed by enemy forces, such as Osama bin Laden. Whereas previously Al Qaeda had a strong leadership at the top that directed nearly movement of its followers, the group today lacks strong top-down management, resulting in many splinter groups that are formed in response (Fariborz, 2010). In addition, many members of Al Qaeda have branched off on their own, opting to carry out their own ideological principles that might be in conflict at some level with the organization as a whole. With all of the signs pointing to a weakened Al Qaeda today, the possibility exits to think that the danger is over, but this would be a mistake. Let us now take a look at the historical basis of Al Qaeda and why the future will most likely see a resurgence in the group purporting acts of terror throughout the world. Going back to the beginning, we know that Al Qaeda began largely as a result of Afghans rising up to fend off the Soviet occupation of Afghanistan. In order to win this war, multitudes of volunteers from across the Middles East arrived to fight in Afghanistan. These individuals were known at the Mujahideen, and they were known to be f ighters that would go to any length to defend their Muslim brothers. Naturally, a movement like this need tremendous capital resources, chief among them money. This is where Osama bin laden entered in. He quickly rose up to the person primarily responsible for bankrolling a new organization whose primary responsibility was infiltrating Mosques around the world to recruit Muslims to join the cause. The Mujahideen, then, more than any other factor, was largely responsible for defeating the Soviets and keeping Afghanistan a sovereign nation (Jones, 2012). With the war over, Osama bin Laden did return to Saudi Arabia, which is where he is from. While there, he worked feverishly in establishing a group that was designed to aid the veterans of the Afghan War. Many of these individuals had now moved on from Afghanistan as to fight in other wars that were going on around the world, all of which was viewed as a fight for the Muslim cause. As Osama bin Laden began to develop this organization , the need for recruiting more fighters and to raise more money became apparent. Out of this resolve was the basis for forming the organization we know today as Al Qaeda. While back in Saudi Arabia, bin Laden began studying on an even deeper level with various radical Islamic thinkers in the region. Many of these clerics and leaders were very interested in what he was doing, and indications are that he was starting to grow an elaborate organization even before the Iraq invasion of Kuwait in 1990.