Saturday, February 22, 2020

Strategic Management and Strategic Competitiveness Essay - 3

Strategic Management and Strategic Competitiveness - Essay Example Internet and telecommunications infrastructure are the major contributors of globalization as people from different can easily connect and interact. This global interconnection increases job opportunities, ideas and competitiveness in equal measure. In its expansion process, Disney targeted those countries whereby people were greatly aware of the company and the services it offered. Another strategic consideration was the stability of the economy and the disposable income, which the citizens of that country used on leisure. Trade policies, political and microeconomics stability also played a huge role in determining whether Disney opened a branch in that country. Globalization has led to the increase of the companies’ market and this has forced it to open many branches to cater for the high demand of its services. The company has opened up branches in UK, Spain, Italy, France, Japan and US. This new branches have led to the increase of the total revenue generated. In 2004, the company made a gross income of $2.5 billion (Krasniewicz & Disney, 2010). The emergence of new technology has led to the introduction of video editing software and 3D, which has led to the efficient production of the films. Global recession negatively affected the company. The Disney parks and resorts would suffer during winter as the rate of people going there reduced significantly. This led to the falling of its revenue resulting in a financial crisis. The company has been forced to increase its entrance ticket fee to counter with the reduced number of visitors. Industrial organization and resource based model impact on above-average returns The corporation needs to come up with measure that would help it get returns, which are above average. This would help ensure that it is not operating at a loss and that it can be able to sustain its operations. The resource-based model deals with how the corporation could use its internal resources to its advantage and avoid extra costs (Mon tgomery, 1995). The resources include the capital invested, the corporation’s workers, brand name and the patents. Once the corporation has identified its resources, the next step to take is to compare it with its competitors. This would help in identifying the area that the corporation is lagging behind and needs to improve on. The study would also help enable the company identify its unique resources as this gave them a competitive edge over their competitors. This competitive edge would make them reduce certain costs and thus maintain above average returns. The industrial organization approach is the examining of the relation of the boundary of the firm and the market it is operating on. It is hard to examine the market by mere observation and the corporation creates a situation that is similar to a perfect competition market. This makes the firm operate on limited information and assumes that there are many barriers hindering entry into the market. This would make the fir m gather information about the market as new entrant and in the process of doing this it identifies the measures it can take to enter the market. The research helps the firm identify its strengths and weaknesses and in the process, it can avoid overhead costs and losses. This overview is

Thursday, February 6, 2020

Should young children use computers in early childhood programs Essay

Should young children use computers in early childhood programs - Essay Example They follow these directions and learn a variety of things like dancing, gaming, communications skill etc. The increased use of computers increases the communication power of children. Most preschools have the facility of computers. They teach children and direct them the ways to use it themselves. Computers help children to communicate in a social environment. While using computer children develop two sorts of interactions. One is the children-computer interaction and the second is children-children interaction. Children-Computer interaction is developed when a kid involves himself in understanding the directions of the computer, when a child is developing the understanding the lines of the software and establishing the grasp on the hardware. And the Children-Children interaction is developed when the kid works in an environment where other children are also using the computer. The child works on the computer and connects his computer to the computer of his fellow to ask about his/h er daily routine or to seek any help from him/her. Preschool kids can use the computers easily with great proficiency when an appropriate software in accordance to the age of the child is installed. (Mayesky. 2002) Computers are effective for young children when this small box is changed to a ‘coaching machine’. Computers used by young children should be equipped with the elements which prove to be beneficial for them like joystick to handle directions effectively, gaming software, mathematics problem solving games, puzzles, and other entities. Computers increase the sense of control in these children. Computer is an excellent medium for conversation for disabled and mentally retarded children. These children can interact with the outer world using this amazing device. Handicapped kids can learn the essential basic skills using computers. They can learn the knowledge of computer from their early ages and can further