Wednesday, February 26, 2020
Electronic and Mobile Commerce Essay Example | Topics and Well Written Essays - 1000 words - 1
Electronic and Mobile Commerce - Essay Example In response to the growing need for mobility by consumers, mobile commerce emerged out of e-commerce. According to Tarasewich, Nickerson and Warkentin (2002), M-commerce is ââ¬Å"the ability to conduct commerce, using a mobile device, e.g. a mobile phone, while on the move.â⬠in order to remain relevant most organization strive to establish their presence online, which as become a major competitive tool with the ever changing consumer behavior in the competition-ridden market. This paper explores tools and skills necessary to implement electronic and M-commerce in business. There are numerous sites, such as Google places, that present the chance for business organization to connect with their target market online. Such tools enable the company to stay online making possible to draw a large audience for the business. The organization should stick with chosen sites that are popular and not bother with many others. The organization can decide to stick with Facebook and Twitter, which are supposedly the most popular social media sites. Photographs tend to draw more attention than status updates. They are usually vivid, precise and welcomed by many users of social media. The fashion and music industries can reap big from using photography approach rather than posting mere status updates. Nonetheless, organizations in other industries can also make use of this approach by posting pictures of their products. This approach is likely to attract a large number of online communities into the organization. The second way to create an online presence for an organization is through creation of a website. A properly designed website can be a crucial marketing tool that can instill confidence in the business process and also act as an online storefront. All prosperous online business organizations have a fundamental platform that connects all social media profiles. The companyââ¬â¢s website should appear formal, certified and established. To gain popularity, an organization
Sunday, February 9, 2020
Rational and irrational decision is best for the organization Research Paper
Rational and irrational decision is best for the organization - Research Paper Example This because, formulation of rules and policies requires that the relationship between the organization and its stake holders, as well as its relationship with the outside world is well defined. This being the case, it becomes vital for the process of formulating such rules to apply the rational decision making model, where the issue at hand is clearly defined, the possible problem areas identified, alternatives weighed and a final decision reached (Niu & Zhang, 2009). Additionally, such a situation warrants rational decision making, since the policies and rules formulated form the basis of the organizationââ¬â¢s operations. This is yet another situation that calls for managers to apply rational decision. The process of resolving a dispute highly determines the welfare of the parties involved. Thus, reaching a decision that is not well evaluated and reasoned-out can be detrimental to the parties involved (Ariely, 2010). Therefore, it is essential that all the necessary procedures are followed while making such decisions, to ensure that the dispute is resolved amicably, without jeopardizing the interest or welfare of any of the parties involved. Thus, dispute resolution is an aspect of management where rational decision is not an option (Niu & Zhang, 2009). In a situation where a manager is faced by circumstances that dictates that he/she has to act in a certain way only, then irrational decision becomes the best for the organization (Ariely, 2010). For example, during a fire breakout within the organizations premises, the manager has no option but to let the employees free for their safety. This is because; the manager does not have an alternative of retaining the workers within the premises as he/she contemplates on the next move (Knights & Willmott, 2007). Another situation is when the business has to continue running, yet the
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