Loyalty Essay Example | Topics and Well Written Essays - 1250 words

Loyalty - Essay congresswomanMarketing has be tot up one of the most important disciplines in business administration. The level of success an composition achieves depends on its ability to satisfy the needs of the nodes by providing products and do they seek at reasonable prices that increase value. A strategy that many multinational corporations have pursued for many create a mark off image that will help companies achieve customer loyalty. Customer loyalty can be be as a deeply held commitment to re-buy or repatronize a preferred product or service in the future despite situational influences and marketing efforts having the potential to cause switching behavior (Kotler, 2002, p.294). This paper examines the imagination of loyalty in order to evaluate the statement there is no such thing as customer loyalty anymore.Customer loyalty is key business strategy utilized to increase the levels of customer retention within a firm. A high customer retention rate adds value to a co mpany because these customers represent future stream of revenues that the company can achieve with minimal marketing investment. on that point is a basic marketing rule that states that 80% of a companys gross sales come from 20% of their customers (About, 2009). This implies that building a solid foundation of customer is extremely important for the long terminus success of a company. The stronger the sense of loyalty a customer feels towards the product of a company, the less probable this individual will purchase the goods or services from a competitor. A marketing quantitative epitome performed by Hughes (2009) of Fast Lube Corporation revealed that the longer a customer is retained the more the someone spends annually with the company.One of the basis reasons marketing exist is to help a firm increase its sales totals. The sales of a company increase if the company is able to growth its customer base or if the

Procurement management process Assignment Example | Topics and Well Written Essays - 2250 words

procurance management impact - Assignment ExampleThe paper gives emphasis on the procurement management process and has described the same with regard to REI. The procurement management process is defined as steps, which are required for purchasing or acquiring services or products from any source that is outside the limits of a steadfast or musical arrangement. The sources are external suppliers of the products. The procurement management includes maintaining good relationship with suppliers for ensuring that the organization is receiving high level of services. It assures that purchasers receive those goods, which they have paid for. The success of an organization depends on effectiveness of the procurement process and therefore, managers direct to create plans for procuring goods and services, facilitating the reduction of cost and time of delivery.There are many fundamental steps in the process. At the initial stage, the procurement process depends on changes in technology, attitude and personnel. A positive method acting is needed to be adopted, which stresses on a satisfying relationship with the suppliers. Suppliers are regarded as the most comminuted component in the procurement process of any gild. In case of any dispute with these suppliers, the organization is bound to suffer from unavailability of the required resources, which in turn heavily affects the entire production process.The company has donated millions of dollars for supporting the conservation efforts that they have undertaken worldwide. It sends dedicated teams for volunteering in activities across several places nationwide. The activities include restoring local habitats, clean up the beaches as well as building of trials. Therefore, through many business practices, the company has try to reduce environmental damages that have been created by their actions (Recreational Equipment, Inc, 2014).The company, through its successful operation, has expanded their business

Logistics Essay Example | Topics and Well Written Essays - 1500 words

Logistics - Essay ExampleIt, in a manufacturing enterprise, consists of raw materials, work in progress and correct products. While the transportation cost of entry may not be significantly variant, there is a significant variation in the cost incurred in storage of inventory. While some of the cost pertain in dealing in and wariness of inventory are accounted for in the benefits associated with having the inventory, some of the touch on costs are considered as wastes. Inventory therefore has its advantages in the form of derived benefits while it is at the same era associated with a number of disadvantages that includes induced unnecessary costs. One of the disadvantages of inventory, and which induces costs is the processes that are involved in the range of inventory in an institution. Goldsby and Martichenko for example explains the sumitional costs of managing inventory as a disadvantage that an organization has to endure in rear to obtain a set of inventory and finall y transfer them to their depute of demand. Every set of inventory held by BMW will therefore induce an extra cost to an entity on top of the cost of the goods. The accessoryal costs such as the costs incurred when the inventory is received, housed, paid for, and check are examples of expenses that BMW is most likely to incur when dealing in inventory (Goldsby and Martichenko, 2005, p. 20). Such costs add up to operational costs, costs of sales and consequently reduce an organizations profit margin. state an appropriate level of inventory at a particular time is however associated with satisfaction of consumers present(prenominal) demand for commodities (Goldsby and Martichenko, 2005, p. 20). A stock of goods allows BMW to deliver commodities at customers demand instead of arranging for the commodities after an order is placed. Maintaining inventory is therefore associated with both advantages and disadvantages. Another advantage of inventory that may prompt for endurance of the involved costs of its maintenance is the security of continuous supplement of commodities to BMWs consumers. This is because suppliers are not expected to regularly avail commodities in the supply chain. Seasonality or disrupted operations may also cut tally flow of commodities from a supplier. Similarly, disruption in supply chain activities such as transportation systems may limit access of commodities down the supply chain. Maintained inventory can therefore allow BMW to be able to absorb short-term disruption in supply chain to ensure continuous supply of products down a supply chain. While it adds to the costs on an organization, it also facilitates customer utility by ensuring ready availability of commodities at consumers demand (Goldsby and Martichenko, 2005, p. 20). Inventory management through customer relation management and supplier relations management is another process that monitors and influences inventory decisions by establishing reliable links upon which plan ning can be made for a continuous supply chain with minimum inventory costs. This ensures that BMW stocks inventory for immediate future needs of its commodities, by the consumers. Similarly, developed relations with both suppliers and consumers identifies needs for value addition and facilitates reduction of costs in distribution through eliminating unnecessary costs (Lambert, 2008, p. 295 Cope and Brown,

Collecting and preparing Essay Example | Topics and Well Written Essays - 500 words

Collecting and preparing - Essay casingThe imagegrapher needs to use the modern as well as state-of-art television camera for the attaining better results. The coat of the lens should be 28 mm focal length and macro lens should be 50 mm focal length, which gives a standard quality photo. The photographer also should record the crime background along with the areas attached with it. They also should record the appearance of the evidence and provide the investigator the photograph along with the evidence for the further investigation. At last, the photographs of the crime scene must be presented in front of the assay in the form of evidences in a systematic manner (Pearson, 2015).At the initial steps, the photographer should down the knowledge about different types of camera. The photographer appointed should be well acquainted with the type of camera that is required to take the photo of crime scene along with the perfect size of the lens and other(a) accessories. The confide nce level of the photographer must be high and should give higher attention at the time of work (Pearson, 2015).The equipment such as camera should be good quality attached to a perfect quality of lenses. During the time of capturing photo, there should be proper lighting so that clear photo could be taken (Pearson, 2015).During the time of photography of a crime scene, the photographer needs to ensure the safety by wearing the precautionary dress and needs to use certain arms or weapons spot capturing the physical evidences (Pearson, 2015).There are twain types of photography such as micro and macro. The photographer also needs to take the photo from different angles to make it easy for investigation process. For the two types of photo, photographers should use two types of cameras such as micro camera and macro camera so that the standard of the capture could be ensured (Pearson, 2015).The photographer should mark on the photo

Third-party consultant to perform a penetration test Term Paper

Third-party consultant to transact a penetration footrace - Term Paper ExampleThis stays a threat to the ability of the organization to protect their secret instruction and other essential information that should not be mental picture to the man or unauthorized persons. The most commonly deployed security bodys include anti-virus softwargon, firewalls, and intrusion detection systems. The organizations and institutions are concerned in securing their information systems in order to protect some of the life-sustaining information and contents that are restricted to non-executive members of the firm. However, this is not very effective as these institutions are faced with the task of ensuring proper information security. It is reported that most organization incurs losses because their security systems are hacked and critical details of the organization exposure to the competitors and enemies. This therefore lowers the ability of the organization to excel and protects its key information systems. The business community is not spared too. Hackers pose a great security threat to the secrecy of information of organizations and the business community. ... ically a method in which the security of a network and the computers that are involved in the network are evaluated so as to determine the degree of security on the network or the strength of the response to the breach of the security. It is withal referred to as a pentest which is a short form of the term in full. A penetration test is conducted by simulating an attack to the system from either external or internal threats, or both, on a network or a computer system (Allen, 2012). It is therefore evident that penetration testing is vital for ABC Company which has high presence in the internet. In the present day, the world is indeed a global village and due to the fact that information is power, every organization endeavors to protect its information from spate who would go to any length to obtain inform ation from an organization. Organizations and institutions use penetration test as a way of identifying the weakness and vulnerabilities of their security and network systems and making necessary protection measures. The penetration test entails the activity of assail methods that are conducted by professional who are entrusted with the organizations essential information. However, the same attacking systems are used by the hackers and hostile intruders, hence posing more threat to the organization side by side(p) the fact that such information are very sensitive to be exposed. Depending on the nature and fictitious character of the penetration test to be conducted, the entire security building process entails IP address stare in order to assist in the identification process of machines used in the offering of the system information and other services with known degree of vulnerability and further exploiting the existence of any unpatched functioning system that may also be vu lnerable

The United States from the World War II as the Strongest Economy in Research Paper

The United States from the World War II as the Strongest preservation in the World - Research Paper ExampleEach of the countries which signed their allegiance to the Bretton Woods indicates its cite of four important factors. This uniformity becomes the cornerstone and the main factor which holds the international economy together. First, all the nations multiform recognize and agree that the interwar period had conclusively demonstrated the disadvantages of unrestrained flexibility of commuting rates (Cohen 4). It ignore be recalled that the Great Depression in the 1930s has become a grim reminder of how be adrift exchange rates discourages trade and investment while increasing the risk of destabilization and competitive depreciation. On the other hand, architects of the Bretton Woods are also reluctant in adopting a permanently icy exchange rate like the 19th-century gold standard. Thus, avoiding both maxims, delegates agree on a pegged rate or adjustable peg currency regime or a par value system (Cohen 5). Thus, each country is obligated to choose a par value in their national currency and intervene in order to maintain the exchange rate within 1% above or below the planned rate. Secondly, all nations hold that if exchange rates were not to float freely, states would also require assurance of an nice supply of monetary reserves (Cohen 6). The financial hegemony held by the United States during the period significantly affected the concluding decision a system of subscriptions and quotas embedded in the IMF, which itself was to be no more than a fixed pool of national currencies and gold subscribed by each country.

Dynamic Host Configuration Protocol Research Paper

Dynamic Host bod Protocol - Research Paper ExampleThe meshwork or cyberspace, as it is often called alternatively, is virtually inexhaustible such that there are direct over a billion Web pages being make and still counting. It is a miracle the Internet (or WWW, short for World Wide Web) has not crashed although some experts expect a major or large scale collapse from a system-wide malfunction between now and the course of study 2025 (Boehm, 2006, p. 20) and if ever this happens, then almost everything will grind to a sudden halt, ca use widespread pandemonium and confusion. Various industry sectors such as communications, transportation, financial transactions, banking go, power generation and distribution, health care services and all major industrial production will be adversely affected if there is a major software malfunction on the Internet. It is just one side of the same coin, as the Internet infrastructure is also largely dependent on all its major hardware component s, such as servers, servers and routers. There are many vendors who are offering their products and services in this regard, such that it is necessary to marry some form of standard to make all the various hardware and software components interconnect with apiece other seamlessly and virtually assure users and consumers a zero-downtime Internet service. The necessity for a standard system has been met with the adoption of protocols (digital message formats and rules agreed to by everyone) by which all Internet stakeholders operate on a communal platform to assure constant and reliable communications. This is the topic of this brief paper, the dynamic host descriptor protocol, or known by its initials, DHCP. As the evolution of the Internet is quite fast,... This paper stresses that DHCP becomes even more profitable as more networks gradually migrate to the new IPv6. In most cases, new devices are affiliated to a network as time goes and DHCP allows this in a systematic and o rderly manner without of necessity overwhelming the network. Besides the two benefits of automatic configuration and maintenance of a centralized database of addresses, the other advantages of using DHCP include its scalability, whether managing 10 or 1000 clients, the DHCP makes it easier and the other incentive to use it is flexibility in configuration as computers and devices change their respective IP addresses from time to time.This report makes a conclusion that dynamic host configuration protocol has served its purpose of being the mainstay in the normal functioning of the computer networks so essential to modern life today. It has proven its usefulness by being compatible with the new IPv6 that is now gradually being implemented with the assurance that networking will not run out of needed valid IP addresses, providing more than enough addresses that figuratively and literally extends to infinity and beyond. DHCP provided a smooth transition roughly more than a year ago, o n June 08, 2011 when the Internet switched and tested the IPv6 without any major glitches and hopefully glide by to do so and support the Internets frenzied expansion well into the future until such time a better protocol can be invented. It has been a proven workhorse for the entire networked world so far.