January 1st Wal-Mart will be rename Walmart in order to accept its move into e-commerce. The company has been beat out by Amazon and the desire of people to price compare and purchase online. Walmart has been seeking ways of ensuring its low cost dominance over the past few years. Walmart has a few things going for it that many other companies don't.
1.) Its distribution system is one of the best in the world. If it decided to it could purchase a fleet of smaller trucks at each of its stores and start delivering. This doesn't seem to be in their plans but moving to more distribution focus makes sense considering it is one of their greatest advantages.
2.) Its purchasing power allows it to buy products at a cheaper price than anyone else. Amazon is made up of smaller providers and use the system as a marketspace. However, Amazon is starting to purchase hot selling items on its own. Walmart will need to compete in this arena.
3.) It has acquisitioned Jet.com and improvements in that system are likely. Not sure if they will be hosting sales of non Walmart items but improving its eCommerce strategy includes reaching more customers through the Amazon competitor.
4.) Physical locations offer an opportunity for people to return products and see them first hand. Amazon doesn't already have a physical presence so Walmart can use its Click-n-Mortar hybrid approach to gain customers online and offline. Many of us still grocery shop and need items today which makes it more convenient. Few like shipping items back on Amazon.
The blog discusses current affairs and development of national economic and social health through unique idea generation. Consider the blog a type of thought experiment where ideas are generated to be pondered but should never be considered definitive as a final conclusion. It is just a pathway to understanding and one may equally reject as accept ideas as theoretical dribble. New perspectives, new opportunities, for a new generation. “The price of freedom is eternal vigilance.”—Thomas Jefferson
Wednesday, December 6, 2017
Tuesday, December 5, 2017
24th ORLANDO International Multidisciplinary Academic Conference
24th ORLANDO International Multidisciplinary Academic Conference
Theme: Promoting Global Competitiveness, Innovation, and Sustainability
ORGANIZED by:
International Association of Applied Business Research - IAABR
Jointly with
Academic Organization for Advancement of Strategic and International Studies – Academic OASIS
DATES: March 16 - 18, 2018
PLACE: Courtyard Orlando Lake Buena Vista in the Marriott Village
8623 Vineland Avenue, Orlando, Florida, USA
Deeply discounted, special rates are still available for the participants in 2018 IAABR/ Academic OASIS – Orlando Conference. Here is the link where the conference participants may book their reservations at the special deeply discounted conference rates: https://aws.passkey.com/e/49519867. Conference participants may also call 1-888-789-3090 to book their reservations and use the group name of "IAABR Orlando Conference". Please note that special rate reservations must be made by MARCH 1ST, 2018 (the cutoff date), or until there are rooms available at the negotiated discounted rates.
DEADLINES:
FULL PAPERS - MARCH 3, 2018. All full-paper submissions will be reviewed for publication in one of the double-blind, peer-refereed Journals Sponsoring the 2017 ORLANDO Conference on Business, Economics, Finance and Accounting or the refereed Conference Proceedings with ISBN number. The authors of these articles will receive their publications in person while still attending the IAABR Conference in Orlando (one copy per a registered participant will be provided free of charge).
ABSTRACTS - MARCH 5, 2018. The authors of all accepted abstracts will have the chance to PRESENT THEIR RESEARCH IN PROGRESS at the Orlando Conference which will also give them the OPPORTUNITY to submit their COMPLETED PAPERS by SEPTEMBER 15TH, 2018, in order to be considered for a journal publication.
REGULAR REGISTRATION DEADLINE: MARCH 8, 2018
The regular registration fee is $350 (the reduced registration fee for virtual participants via Skype is $300, and the special student fee is $285). The regular registration fee includes: 1) the popular IAABR/ Academic OASIS 2 FOR 1 ADVANTAGE - 2 OPPORTUNITIES: an OPPORTUNITY to PUBLISH your accepted paper or abstract in a PEER-REFEREED PUBLICATION with ISSN or ISBN number issued by the Library of the Congress + an OPPORTUNITY to PRESENT the results of your work at an INTERNATIONAL FORUM for 1 LOW FEE; 2) one printed issue of the journal or Proceedings CD containing your paper; 3) an Official Certificate for International Conference participation; 4) the Conference Luncheon, Receptions, Coffee Breaks and Keynote Address; 5) Attending all Conference sessions and symposia; 6) Attending all Social and Networking events; 7) Listing of your presentation in the Official Conference Program; 8) Opportunity to Explore and Enjoy the Disney World parks, SeaWorld, Universal Orlando, and the nearby Atlantic Coast!
EARLY BIRD SPECIAL: All conference participants, who register by FEBRUARY 13 will receive a free admission voucher to GATORLAND, known internationally as the "Alligator Capital of the World", and showcasing thousands of alligators and crocodiles including extremely rare leucistic "white" alligators.
Our ORLANDO Conference is for people, who want to participate in a major international forum, get published, network with colleagues from many countries and sharing similar or complementary interests, and to have fun in one of the most exciting cities in the USA, known worldwide for its Disney World parks, SeaWorld, Universal Orlando, and the nearby Atlantic Coast!
Papers related to all areas of Accounting, Banking, Business Ethics, Communication & Media, e-Business, e-Learning, Economics, Education, Engineering, Entrepreneurship, Finance, Globalization, Human Resources, Information Technology, Innovation and Creativity, Law & Legal Studies, Leadership, Logistics, Management, Marketing, Political Science, Psychology, Security Studies, Social Sciences, Social Work, and Sustainable Development are invited to this international conference, which is expected to be attended by authors from nearly all parts of the World. People without papers can also participate in this conference, and they are invited to serve as session chairs or discussants, as well as informal contributors to the academic quality of this international event.
Journals Sponsoring the 2018 ORLANDO International Academic Conference:
- Journal of Strategic and International Studies (JSIS)
- Journal of Organizational Advancement, Strategic and Institutional Studies (JOASIS)
- Journal of Advancements in Applied of Business Research (JAABR)
- Journal of Advancements in Economics, Finance & Accounting (JAEFA)
- Journal of Psychology and Social Studies (JPSS)
To submit your full paper or abstract, please email it as an attachment (acceptable formats are .doc and .docx) to GLOBAL@IAABR.COM (please put "ORLANDO CONFERENCE" in the Subject line of your message). All submissions will be double blind peer-refereed by members of the Conference Review Committee. Authors will be notified of the review outcome within 3-4 weeks after the arrival of their submissions.
Authors, who could NOT travel to Orlando for visa or other reasons, may PARTICIPATE VIRTUALLY in the Academic OASIS or IAABR conference, and these authors will have the same publication opportunities, as the regular conference presenters.
For inquiries, please contact the Conference Organizing Committee via ADMIN@IAABR.com or visit our Website: www.IAABR.com.
Conference Organizing Committee, 2018 Orlando International Academic Conference
Theme: Promoting Global Competitiveness, Innovation, and Sustainability
ORGANIZED by:
International Association of Applied Business Research - IAABR
Jointly with
Academic Organization for Advancement of Strategic and International Studies – Academic OASIS
DATES: March 16 - 18, 2018
PLACE: Courtyard Orlando Lake Buena Vista in the Marriott Village
8623 Vineland Avenue, Orlando, Florida, USA
Deeply discounted, special rates are still available for the participants in 2018 IAABR/ Academic OASIS – Orlando Conference. Here is the link where the conference participants may book their reservations at the special deeply discounted conference rates: https://aws.passkey.com/e/49519867. Conference participants may also call 1-888-789-3090 to book their reservations and use the group name of "IAABR Orlando Conference". Please note that special rate reservations must be made by MARCH 1ST, 2018 (the cutoff date), or until there are rooms available at the negotiated discounted rates.
DEADLINES:
FULL PAPERS - MARCH 3, 2018. All full-paper submissions will be reviewed for publication in one of the double-blind, peer-refereed Journals Sponsoring the 2017 ORLANDO Conference on Business, Economics, Finance and Accounting or the refereed Conference Proceedings with ISBN number. The authors of these articles will receive their publications in person while still attending the IAABR Conference in Orlando (one copy per a registered participant will be provided free of charge).
ABSTRACTS - MARCH 5, 2018. The authors of all accepted abstracts will have the chance to PRESENT THEIR RESEARCH IN PROGRESS at the Orlando Conference which will also give them the OPPORTUNITY to submit their COMPLETED PAPERS by SEPTEMBER 15TH, 2018, in order to be considered for a journal publication.
REGULAR REGISTRATION DEADLINE: MARCH 8, 2018
The regular registration fee is $350 (the reduced registration fee for virtual participants via Skype is $300, and the special student fee is $285). The regular registration fee includes: 1) the popular IAABR/ Academic OASIS 2 FOR 1 ADVANTAGE - 2 OPPORTUNITIES: an OPPORTUNITY to PUBLISH your accepted paper or abstract in a PEER-REFEREED PUBLICATION with ISSN or ISBN number issued by the Library of the Congress + an OPPORTUNITY to PRESENT the results of your work at an INTERNATIONAL FORUM for 1 LOW FEE; 2) one printed issue of the journal or Proceedings CD containing your paper; 3) an Official Certificate for International Conference participation; 4) the Conference Luncheon, Receptions, Coffee Breaks and Keynote Address; 5) Attending all Conference sessions and symposia; 6) Attending all Social and Networking events; 7) Listing of your presentation in the Official Conference Program; 8) Opportunity to Explore and Enjoy the Disney World parks, SeaWorld, Universal Orlando, and the nearby Atlantic Coast!
EARLY BIRD SPECIAL: All conference participants, who register by FEBRUARY 13 will receive a free admission voucher to GATORLAND, known internationally as the "Alligator Capital of the World", and showcasing thousands of alligators and crocodiles including extremely rare leucistic "white" alligators.
Our ORLANDO Conference is for people, who want to participate in a major international forum, get published, network with colleagues from many countries and sharing similar or complementary interests, and to have fun in one of the most exciting cities in the USA, known worldwide for its Disney World parks, SeaWorld, Universal Orlando, and the nearby Atlantic Coast!
Papers related to all areas of Accounting, Banking, Business Ethics, Communication & Media, e-Business, e-Learning, Economics, Education, Engineering, Entrepreneurship, Finance, Globalization, Human Resources, Information Technology, Innovation and Creativity, Law & Legal Studies, Leadership, Logistics, Management, Marketing, Political Science, Psychology, Security Studies, Social Sciences, Social Work, and Sustainable Development are invited to this international conference, which is expected to be attended by authors from nearly all parts of the World. People without papers can also participate in this conference, and they are invited to serve as session chairs or discussants, as well as informal contributors to the academic quality of this international event.
Journals Sponsoring the 2018 ORLANDO International Academic Conference:
- Journal of Strategic and International Studies (JSIS)
- Journal of Organizational Advancement, Strategic and Institutional Studies (JOASIS)
- Journal of Advancements in Applied of Business Research (JAABR)
- Journal of Advancements in Economics, Finance & Accounting (JAEFA)
- Journal of Psychology and Social Studies (JPSS)
To submit your full paper or abstract, please email it as an attachment (acceptable formats are .doc and .docx) to GLOBAL@IAABR.COM (please put "ORLANDO CONFERENCE" in the Subject line of your message). All submissions will be double blind peer-refereed by members of the Conference Review Committee. Authors will be notified of the review outcome within 3-4 weeks after the arrival of their submissions.
Authors, who could NOT travel to Orlando for visa or other reasons, may PARTICIPATE VIRTUALLY in the Academic OASIS or IAABR conference, and these authors will have the same publication opportunities, as the regular conference presenters.
For inquiries, please contact the Conference Organizing Committee via ADMIN@IAABR.com or visit our Website: www.IAABR.com.
Conference Organizing Committee, 2018 Orlando International Academic Conference
Network Development For Cluster Innovation and Economic Growth
No business functions at its highest potential in isolation and formal and informal network development is important for corporate growth and functioning. While these networks may exist within a company and its suppliers it may also exist among competitive companies. Because a large part of cluster growth is based on the exchange of ideas and the necessary components such as finance to achieve growth there must be a conduit of exchange to increase idea sharing.
Business within a cluster are connected by people, information, resources and finance. The more connections we can develop and the closer the proximity, typically the more advantage companies receive as they share important components of doing business. They become a supportive network that continues to develop and build off of each other.
The Internet and IT networks have become a big part of this model. As people, businesses, and administrators move online there is a substantial increase in GDP of the area. That equates to greater wealth and tax revenue for governments. Investment in infrastructure relates to communications and impacts the entire network of businesses.
As investment in communications infrastructure rises there are also more opportunities to receive outside investment into local businesses and increased chances of expanding into global markets. Investment improves the overall capital needed to move companies out of their domestic markets and into a more competitive world. As the information about the cluster improves, investors awareness also improves and this can lead higher investments that create an upward cycle.
It should similarly be stated that as people move online and share information they also share their ideas. Increased information becomes breeding grounds for collaborative improvement of products and open sourcing options. Ideas spread quickly and companies can research and compile this information for general improvement of their business.
Developing of networks for private and public collaboration can increase the speed of cluster development as ideas spread quickly and are adapted into existing operations. Governments and business leaders should support the sharing of knowledge and information for profit gain to spur local economic development. They can invest in closed, open and infrastructure improvements that have a systemic impact on the overall speed of information and the connectivity of people.
Business within a cluster are connected by people, information, resources and finance. The more connections we can develop and the closer the proximity, typically the more advantage companies receive as they share important components of doing business. They become a supportive network that continues to develop and build off of each other.
The Internet and IT networks have become a big part of this model. As people, businesses, and administrators move online there is a substantial increase in GDP of the area. That equates to greater wealth and tax revenue for governments. Investment in infrastructure relates to communications and impacts the entire network of businesses.
As investment in communications infrastructure rises there are also more opportunities to receive outside investment into local businesses and increased chances of expanding into global markets. Investment improves the overall capital needed to move companies out of their domestic markets and into a more competitive world. As the information about the cluster improves, investors awareness also improves and this can lead higher investments that create an upward cycle.
It should similarly be stated that as people move online and share information they also share their ideas. Increased information becomes breeding grounds for collaborative improvement of products and open sourcing options. Ideas spread quickly and companies can research and compile this information for general improvement of their business.
Developing of networks for private and public collaboration can increase the speed of cluster development as ideas spread quickly and are adapted into existing operations. Governments and business leaders should support the sharing of knowledge and information for profit gain to spur local economic development. They can invest in closed, open and infrastructure improvements that have a systemic impact on the overall speed of information and the connectivity of people.
The Little Pack that Holds Alot
You are hiking up the side of a mountain or blazing through a local event. Carrying a full backpack isn't likely to be helpful when you only need a few items for the day. Using a cross-body shoulder strap packs are a great way to minimize weight while still holding the items you need.
While they don't offer the same level of carrying capacity you can certainly put phones, wallet, water, first aid, and basic rations in one of these packs. Much more effective than the traditional "fanny pack".
Other uses include biking and walking. When I go sailing I often like to bike over to the race marina from my boat and I will used one of these packs because it fits my gloves, hat, water and food for the day.
$18.99 Free Shipping
While they don't offer the same level of carrying capacity you can certainly put phones, wallet, water, first aid, and basic rations in one of these packs. Much more effective than the traditional "fanny pack".
Other uses include biking and walking. When I go sailing I often like to bike over to the race marina from my boat and I will used one of these packs because it fits my gloves, hat, water and food for the day.
$18.99 Free Shipping
Labor Relations and Unionization as a Factor of Security and Self-Esteem
There two primary reasons why employee become part of a union. As the world changes companies should look at these two reasons to ensure that their employees feel security and self-esteem from the work that they do. An organization is a village of types and helping employees feel these two needs leads to greater organizational trust and eventually performance. Neglecting these needs increases all types of other issues as they relate to legal and labor relations headaches.
Security: Union workers want security in their jobs. As the workplace becomes more chaotic and companies move overseas they desire stability. While the seniority system may not be great for performance it does provide a level of stability of workers who don't want to be in the cuts of layoffs. When companies can make a commitment to their workers they can lessen the need for union protections.
Self-Esteem: When people engage in an occupation it impacts their self-esteem and the viewpoints of their life. Their occupation becomes part of who they are. The workplace is every bit as important as their households and the work takes on special meaning to them. Helping employees become part of the decision making process and treating them as skilled and valuable members of an organization helps limit the need for unionization.
Security: Union workers want security in their jobs. As the workplace becomes more chaotic and companies move overseas they desire stability. While the seniority system may not be great for performance it does provide a level of stability of workers who don't want to be in the cuts of layoffs. When companies can make a commitment to their workers they can lessen the need for union protections.
Self-Esteem: When people engage in an occupation it impacts their self-esteem and the viewpoints of their life. Their occupation becomes part of who they are. The workplace is every bit as important as their households and the work takes on special meaning to them. Helping employees become part of the decision making process and treating them as skilled and valuable members of an organization helps limit the need for unionization.
Monday, December 4, 2017
Customer Service with a Smile
Customer service is a large part of retaining your current revenue streams. While it would seem that it isn't a lot, much can be said for how people view your staff and how you might be willing to help customers feel satisfied with their purchase. Something as simple as a smile can make all the difference in whether or not someone purchases your products/services again and again.
Consider that the interaction with the customer sets the "face" of the organization. When that interaction is positive they will naturally feel that the staff is helpful. These personal interactions put the customer in a better mood which becomes part of their impression of the company.
There is also a mental spill over effect that occurs. A negative interaction by one grouchy employees will reflect on the entire business. In the opposite, a positive interaction will embed the memory and feeling together anytime someone thinks of the company.
Thoughts and feelings are associated. When we remember a company our feelings are often more important than the actual thought. As soon as we think about a particular company we also think of our feelings associated with it. These can be any flavor and variety.
For example, long waiting lines to talk to a customer service representative says one thing..."I don't care about you". It tells customers that you took their money but won't necessarily answer their questions or fulfill the implied contract when there is an issue. You just wanted their money and that is bad for long term business.
A smile is something important when we consider it within the context of the entire interaction. Helping customer service representatives understand why it is so important to have a positive and upbeat interaction with customers can make a big difference between a one time sale and life long customer. Something as simple as a smile can generate a long-term revenue stream.
Consider that the interaction with the customer sets the "face" of the organization. When that interaction is positive they will naturally feel that the staff is helpful. These personal interactions put the customer in a better mood which becomes part of their impression of the company.
There is also a mental spill over effect that occurs. A negative interaction by one grouchy employees will reflect on the entire business. In the opposite, a positive interaction will embed the memory and feeling together anytime someone thinks of the company.
Thoughts and feelings are associated. When we remember a company our feelings are often more important than the actual thought. As soon as we think about a particular company we also think of our feelings associated with it. These can be any flavor and variety.
For example, long waiting lines to talk to a customer service representative says one thing..."I don't care about you". It tells customers that you took their money but won't necessarily answer their questions or fulfill the implied contract when there is an issue. You just wanted their money and that is bad for long term business.
A smile is something important when we consider it within the context of the entire interaction. Helping customer service representatives understand why it is so important to have a positive and upbeat interaction with customers can make a big difference between a one time sale and life long customer. Something as simple as a smile can generate a long-term revenue stream.
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