Why Business Models Matter

Business models became popular as a result of the internet boom that made many companies to begin relying on web-based models. Companies shifted from the traditional methods that were based on strategy and competence in an attempt to embrace the new trend. The new models came with a promise of substantial profits and efficiency.Advertising We will write a custom essay sample on Why Business Models Matter specifically for you for only $16.05 $11/page Learn More All the entrepreneurs who bought into the new idea ended up suffering huge loses because they did not implement the models in the right way. The concept of business models therefore did not perform well in the initial stages because many people did not actually understand the concept. The failure of these business models came as a result of misuse and distortion. Many entrepreneurs wasted their capital by investing in flawed models without careful consideration. The new concept of doing business us ing models is still very applicable in different types of business ventures. A business model should be implemented in the right way for businesses to achieve the desired results. Business managers should come up with working definitions of a business model to introduce clarity and predictability in their models. The arcane mathematical models have an influence on the structure of business models. Business models explain how a particular enterprise works using elaborate stories. A quality business model should answer the fundamental business questions that guide the success of a business enterprise. To begin with, a good business model should identify who the customers are in relation to their needs and preferences. A business model should also reflect a clear plan on how the enterprise will make money. The main aim of doing business is to make profit and at the same time meet customer needs. Business models should also have a sound economic logic to prove their viability. The cost of a business enterprise should not in any way exceed he equivalent revenues. The main objective of a business model is to tell a good story about a particular business venture in order to attract customers and prospective investors. American Express is an example of companies that attracted a lot of customers by telling a convincing story to customers using a business model. The company’s business model motivated customers by giving them an insight on the value of its services. It is also important to note that the good narrative in a business model should be accompanied by numbers for it to be very convincing. Telling a story without credible numbers to substantiate the propositions in the model does not make any economic sense. The spreadsheet has played a significant role in improving business analysis. Each and every component of a business model can be tested and fully analyzed by using the spreadsheet.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Personal computers have played a vital role in improving the way business plans are designed.  Spreadsheets enable managers to have some foresight in the expected performance of a business venture because of their effectiveness in numerical analysis. It is therefore very necessary to be realistic in coming up with a business model without relying on assumptions. A quality business model should be designed using actual and relevant market insights. Business models should be flexible enough to accommodate changes incase things fail work out as planned. A business model should be practically tested and revised accordingly on a continuous basis. It is always a great challenge to get it right when it comes to revenue projections and this should always be expected by business managers. A complete business model should have both the narrative part and the numbers part. The two parts should be tested and if one or both fail, then the model can not work. The narrative and the numbers tests are very critical in determining how effective a business model is. The narrative part of a business model helps a great deal in promoting the brand of a particular business. The price of products or services falls under the numbers part.  The competitive advantage of a business largely depends on the ability of its model to change the industry dynamics. A business model that is unique makes it difficult for competitors to replicate. The marketing and pricing strategies of an adopted model can contribute immensely in expanding the customer base. The strategies adopted by a business enterprise can make the business stand out from its competitors. The competitive nature of modern business requires business managers to come up with competitive strategies. Michael Dell was able to maintain a competitive advantage in the computer business by adopting the strategy of selling computers to users directly as oppose d to using resellers. Dell was able to gain an inventory advantage over his competitors by using this strategy. The Dell example shows how businessmen can improve their businesses by coming up with innovative business strategies. It is important to note that a business strategy is very different from a business model. A business model that is implemented as a strategy tends to bring better results because it reflects clarity. It is also important to emphasize the fact that having a good business model does not guarantee success in business. A good business model should be accompanied by good implementation strategies for it to achieve the desired results.Advertising We will write a custom essay sample on Why Business Models Matter specifically for you for only $16.05 $11/page Learn More This essay on Why Business Models Matter was written and submitted by user Jaidyn Nolan to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

The Radio Pakistan Essays

The Radio Pakistan Essays The Radio Pakistan Essay The Radio Pakistan Essay The Radio Pakistan Pakistan Broadcasting Corporation (PBC) As observed in the case of television, the state maintained a position of monopoly in the radio sector until the2002 liberalisation of the media and PEMRA’s emergence as a broadcasting licences-awarding authority. Sincethen, there has been a steady growth in FM radio stations across the country. According to figures from 2009, there are presently 40 FM radio stations operating in Pakistan. After an initial surge in new radio stations, however, PEMRA’s increasing tariffs for new licences has significantly reduced the pace of applications being submitted. Another visible consequence of this surge in prices has been a gradual control of the radio market bythose actors with sufficient financial and political power, that is, ‘industrialists, large media groups, feudal lords or politicians’. 57 In spite of the above liberalisation in the sector, the state-owned PBC still maintains a dominant position, especially with regard to its reach in rural areas. According to the PBC’s own figures, its 69 medium (33), short wave (7) and FM (29) stations cover approximately 80 percent of Pakistan’s territory, or 96. 5 percent of the population, and it has a regular audience of 95. 5 million listeners. 58 Its dominant presence in rural areas is obviously linked to the low technological threshold represented by radio in general, when compared to more expensive, sophisticated and electricity-dependent communication systems such as internet or television. In addition, the PBC has successfully attempted to establish a foothold in those areas by localising its broadcasting activities. It suffices to say that, in addition to the Urdu language, the PBC also broadcasts in 20 regional languages from 33 different cities. Beside its traditional and exclusive field of operations, namely medium and short wave transmissions, Radio Pakistan has become increasingly active in expanding its broadcasting to FM radio waves as well. Is first FM transmission dates back to 1998, but since 2002 it has been adding many more FM channels to its services, keenly aware of the fact that FM listenership comprises about 40 percent of the total radio listenership in the country, and also increasingly conscious of the need to reach those listeners at the periphery of the country – such as in the FATA – who could easily fall under the spell of local militants using FM stations for propaganda purposes. 59 â€Å"External† Competitors The medium and short wave realm, however, has not always been the PBC’s undisputed and undisturbed broadcasting domain. The largest media organisation in the world, the British Broadcasting Corporation (BBC), can rightly claim a presence in what used to be British India, which predates the establishment of the PBC. BBC operations started in the colonial territory in the 1940s, mainly as a counter-propaganda media outlet to the German Nazis. The programmes at that time were broadcast in the Hindustani language for the local population. It was only with the 1947 partition that the PBC came into being. Two years later, the BBC followed the political developments by establishing an Urdu-language broadcast for Pakistan, and in 1966 it formalised this new service by creating the BBC Urdu Service. By the late 1990s the BBC Urdu Service had become the dominant radio news service in Pakistan. In 1998 it was said to reach 20 million daily listeners across both Pakistan and India. In 2009 that number had dwindled to 13 million. This decline has been largely attributed to the media liberalisation process that was launched in both countries and to the subsequent emergence of strongly competitive new mass communication media. In addition, the BBC started to encounter increasing problems with short wave frequencies in Pakistan, due to competing transmissions from Radio China. In an attempt to counter the growing competition, in 2001 the BBC Urdu Service launched its own website, where it also put its radio transmissions. Further, it also decided to step into FM radio broadcasting in order to gain better control of the reach of the local transmissions. The FM radio experience worked well until 2007, when a new Pakistani law prohibited foreign broadcasts from within the country. At that point the BBC created BBC Pakistan and it also started to rebroadcast its programmes through local FM stations. The BBC is currently considering the launching of a BBC Urdu TV channel that would nitially broadcast programmes for two to six hours a day. 60 Despite the complex and challenging legal and political environment in which the BBC has had to operate from the very beginning, its fame as an independent broadcaster has earned it a great deal of respect and a significant listenership among the Pakistani population. Interestingly, this appears to be particularly true in the politically unstable tribal areas. According to a Waziri researcher, ‘60 to 70 percent of the people living in FATA listen to and rely on BBC news broadcasts’. 61 The recent launching of programmes in Pashto has further strengthened the BBC’s position in these areas. Before the start of the latest military operations, the BBC was believed to have an almost complete coverage of FATA. The channel can count on three local correspondents based in Peshawar and on coverage originating from the NWFP’s districts of Bannu and Dera Ismail Khan. The geographical embeddedness of BBC correspondents has earned them widespread credibility among the local population and often, in addition, special access to militants operating in those areas. The remainder of the local population is believed to listen to a series of new radio channels that have been set up with the support of the international community, and above all of the US (via USAID). These FM radios include: Radio Deewa – affiliated to the Voice of America (VOA); Radio Mashaal (â€Å"Torch† in Pashto) – launched in January 2010 by Radio Free Europe/Radio Liberty (RFE/ RL), it broadcasts in local Pashto dialects with the objective of offering ‘an alternative to the growing number of Islamic extremist radio stations in the region’;62 Radio Azadi – established in 1985 by RFE/RL, it is presently ‘the leading media outlet in Afghanistan, reaching 50% of the Afghan population across the country’,63 and also some of the border areas in Pakistan. For the 2010 fiscal year, there has been a request to the US Congress to provide additional funding to this station in order to expand broadcasts to Pashto speakers in northwest Pakistan; and Radio Dilbar – part of a project supported by the British government, it aims to increase the capacity of FM radio stations in NWFP by training their staff in developing citizen-based programming. The purpose of the international community in these areas is clear: to use these radios to reach out to the local communities with a mixture of entertainment, current affairs and religious programmes, in order to pursue a peacebuilding agenda and eventually to fill the gap left by the so-called Taliban radios that were operating in some of the FATA agencies and other settled areas64 (mainly in the Khyber agency and in the Swat Valley, with the already mentioned Radio Mullah) prior to the April 2009 military offensive. These ew local radios have characterised themselves by the careful use of terminology referring to the militants,65 and by their educational efforts towards a â€Å"true† understanding of Islam. 57 IMS (2009). Op. cit. p. 22. 58 For more information, see radio. gov. pk/aboutus. htm and radio. gov. pk/new/site/images/pbc_st. jpg. 59 As it has been indeed the case with the Taliban leader in the Swat Valley, Maulana Fazlullah, also known as Radio Mullah. 24 Initi ative for peacebuilding www. initiativeforpeacebuilding. u 60 Most of the information provided in this section has been collected during an interview with Wussatullah Khan, BBC Urdu Service representative, Islamabad, 20th January 2010. 61 Interview, Mansur Khan Mahsud, FATA Research Center, Islamabad, 21st January 2010. 62 ‘RFE/RL launches radio station in Pakistan’s Pashtun Heartland’, RFE/RL, 14th January 2010. Available at reliefweb. int/rw/rwb. nsf/db900SID/SNAA-7ZS2S7? OpenDocument. 63 For more information, see rferl. org/info/Afghanistan/181. html. 4 According to Mansur Khan Mahsud, the Taliban did not need radio channels in other FATA agencies because these were de facto already under their control. These radios broadcast by using simple technology, whose outreach was necessarily limited. The average range was estimated to be no more than 50 to 60km. When the military offensive got off the ground in the Swat Valley, the transmission capabilities were imm ediately neutralised and at the beginning of 2010 no Taliban radios were signalled by Mansur Khan Mahsud either in that valley or in the FATA. 65 Terms such as â€Å"terrorists† or â€Å"fundamentalists† are carefully avoided.

Marketing Communications Exam Questions Assignment

Marketing Communications Exam Questions - Assignment Example Sophistication is a brand personality characteristic that displays the glamour of the consumer, while ruggedness measures the strength of the brand (Aaker, 1997:351). The brand personality allows consumers to identify emotionally with a product, while making the consumers respond to the brand with feelings and emotions. The brand personality framework provides for a different perspective of looking at a brand, through using a system of human characteristic to assess the product, such that the consumer is able to fully understand how they feel about a product, as opposed to the consumer looking at how the brand performs. In this respect, brand personality enables a consumer to express himself or herself through the brand (Aaker, 1997:3454). For example, any individual who chooses to wear a Nike truck suit and Nike branded racing shoes simply wants to express himself or herself as an athlete, and any individual who looks at such a person will simply see an athlete. The marketing communication managers can utilize the brand personality framework to connect with the target audience or the prospective customer by differentiating the brand that the managers are promoting from a range of brand categories, which will in turn act as a driver of consumer preference and usage (Aaker, 1997:350). Therefore, the marketing communication manager can use a brand that will relate to a consumers personality as the promotion bait, making the consumers go for the product, since by relating such a product with their personality, the brand will serve as a means of the consumer expressing themselves. For example, the marketing manager can target the Nike brand to customers who look beauty and physical-figure conscious, since probably they ar e used to jogging or working in the gym, thus the Nike brand would help identify the customers as athletes. The hierarchy of marcom effects model is relevant in moving a consumer from awareness to a loyal customer. This is because; it defines the six

How Roman Empire lived on , even though it died 476ad Essay

How Roman Empire lived on , even though it died 476ad - Essay Example pire, deposed the Emperor Romulus, who lived in Italy’s Ravenna in a bloodless coup in 476ad; but Emperor Zeno continued to live and rule in Constantinople, whose authority was acknowledged by Odoacer himself. Roman power continued in the East, under rulers of Constantinople and a ‘fall’ was not particularly noticed. East Roman Emperors considered themselves as the real Roman Emperors, right heirs to Augustus. Byzantine was part of Roman history and 476ad was more of a Western point of view it was the continuation of Roman empire and the fall of Western empire was simply ignored and the division of the two was not particularly glorified because there was no such formal division and they remain. Even the promulgated rules applied to the entire territory, because in spite of two empires, the empire remained one for a very long time. Hence, there was a change in the region and the empire no doubt lost some of its glitz; but there was no fall. The Byzantine flourished diplomatically with many countries. It became the centre of literature, culture, religion and architecture. Roman Catholic Church continued to exist and it represented the lost empire with very little change while Byzantine survived for another thousand years. In a way it was a glorious period under Justinian like rulers. Religion was becoming more and more prominent; but the emperors retained their authority fully. In latter fifth century, the emperor estranged himself from Roman Pope by declaring himself Monophysite, which was discarded by Justin, an action that gained Pope’s support. Byzantine Christianity was slightly different from the Latin Christianity and culture. They thought ecclesiastical and theological authority vested in the Emperor and not with Pope and his minions. But adoption of strict traditional ways made it an absolutely static religion. The Empire pursued classical and intellectual traditions of education, philosophy, composition , literature, history. Women were well

SQL&Security Assignment Example | Topics and Well Written Essays - 500 words

SQL&Security - Assignment Example The collection has a provision for checking and validating the typed parameters. 3). a). After using SQL injection, the table that had the users came up. These were the names of the field being referenced. The command that was used was ‘=’. Inputting this in the name field made the database to drop the able contents. The contents are valid because they came assigned with user ID’s. 3). b). When the characters ‘=’ are input in the username text box, the results is the contents of all the usernames that can access the system. The database responds to this entry by displaying all the contents for the field entered. The result for this is the display of the contents of the username table as shown below. ^(((((25[0-5]|2[0-4][0-9]|[0-1]{1}[0-9]{2}|[1-9]{1}[0-9]{1}|[1-9])\.(25[0-5]|2[0-4][0-9]|[0-1]{1}[0-9]{2}|[1-9]{1}[0-9]{1}|[1-9]|0)\.(25[0-5]|2[0-4][0-9]|[0-1]{1}[0-9]{2}|[1-9]{1}[0-9]{1}|[1-9]|0)\.(25[0-5]|2[0-4][0-9]|[0-1]{1}[0-9]{2}|[1-9]{1}[0-9]{1}|[0-9])-(25[0-5]|2[0-4][0-9]|[0-1]{1}[0-9]{2}|[1-9]{1}[0-9]{1}|[1-9])\.(25[0-5]|2[0-4][0-9]|[0-1]{1}[0-9]{2}|[1-9]{1}[0-9]{1}|[1-9]|0)\.(25[0-5]|2[0-4][0-9]|[0-1]{1}[0-9]{2}|[1-9]{1}[0-9]{1}|[1-9]|0)\.(25[0-5]|2[0-4][0-9]|[0-1]{1}[0-9]{2}|[1-9]{1}[0-9]{1}|[0-9]))|((25[0-5]|2[0-4][0-9]|[0-1]{1}[0-9]{2}|[1-9]{1}[0-9]{1}|[1-9])\.(25[0-5]|2[0-4][0-9]|[0-1]{1}[0-9]{2}|[1-9]{1}[0-9]{1}|[1-9]|0)\.(25[0-5]|2[0-4][0-9]|[0-1]{1}[0-9]{2}|[1-9]{1}[0-9]{1}|[1-9]|0)\.(25[0-5]|2[0-4][0-9]|[0-1]{1}[0-9]{2}|[1-9]{1}[0-9]{1}|[0-9]))),)*)(((25[0-5]|2[0-4][0-9]|[0-1]{1}[0-9]{2}|[1-9]{1}[0-9]{1}|[1-9])\.(25[0-5]|2[0-4][0-9]|[0-1]{1}[0-9]{2}|[1-9]{1}[0-9]{1}|[1- b) Students numbers are predictable because they are sequential and are assigned according to faculty. This makes it easy to predict another student’s number, to beak this cipher an algorithm is created to subtract the cipher byte from the respective ascii equivalent of the number, after they have been converted to binary. An example Student ID number is

Effects Of Globalization On Media Media Essay

Effects Of Globalization On Media Media Essay Globalization is a process by which various cultures, societies and economies through a global network of trade and communication become integrated in all respects. It basically marks the paradigm shift in economic thinking. During Hellenistic period commercialized urban centers were focused around the Greek culture which stretched from India to Spain. Trade was a very important aspect during that time and for the first time the thought of cosmopolitan culture emerged. The effects of globalization are diverse, affecting the various aspects of the world so as to bring changes for the better .Its effects not just influence the financial conditions of the country but also affects the industrial sector and the culture of the countries involved. Globalization widens the access to a range of foreign supplies for the consumption of a large number of consumers, owing to the market planning and policies adopted by different corporations. Media refers to the different means of communication like radio, television, internet etc. It plays a very important role in shaping human mind. Mass media is a section of the media determined to reach a greater audience. Most globalization theorists believe that media has played an important role in acceleration of globalization. With the increase in the importance of economic, cultural and technological integration between countries, it has a great impact on our societys personal lives. It is because of globalization that today there is an increased access to a broad range of media. (Impact of Globalization on Media) Globalization has a great influence on the media and further its impact on us. The most visible effect of globalization is wide spread communication. The introduction of newspapers, magazine, internet and TV has immensely helped to spread information and has helped people to come together from all over the world. However this impact has its own disadvantages, its advantages are much more.. In my opinion the impact of globalization on media has its own advantages and disadvantages but however the advantages are much more than the disadvantages. As mentioned above one can see that the process of globalization has led to opening up of people mind towards not just the walls within which they stay but also be aware of whats happening around the world. Ever since mass media came into existence companies have used this as a means to communicate to let a large no. of people aware about their products. On the other hand even the people watching it or reading about it are in a position to gain maximum benefit as with the help of media they will be able to decipher between good or bad as per their requirements. With the years passing by and increasing globalization there is sophistication of advertising methods and advancement in the techniques adopted. Globalization in media, not just restricted to advertisement in other fields in fact in every field has opened up broader commun ication lines bringing the various companies, economy and more importantly the countries together. role of internet in the media globalization The internet has done a revolution to the impact of globalization in the media. The contribution of internet in the role of media has changed over the past few years and has increased distinctively. In the society the digital media is intensely transforming the consumer behavior and traditional media business models. On one hand it is creating new opportunities but its troublesome pressure is being accelerated by the global recession. Today with the ease of internet access a large number of people are consuming more media in entirely different ways and a lot of the time not paying for it. Internet is one of the easiest ways to associate oneself with the media in todays fast paced world. Moreover with the ease of accessibility of the internet even the younger generation has started adopting this to keep themselves aware of whats happening around them. Media also uses internet in their favor to publicize and distribute what they want to highlight. . Asia contributing to 56%of the popul ation of the world has 42% of the worlds internet users.[7] Be it at school or work or home everybody has an access to the internet these days. People especially students are heavily active on social networks like facebook and LinkedIn. In fact these social networks sometimes bring integrity and helps people stay connected. It acts as a platform to the society for better connectivity and hence being aware or updating themselves regarding what is happening around them. For instance in Asia almost 10% of the Asians are on facebook. The number of facebook users in Asia is 93,584,580 and the internet users in Asia is 828,930,856.[7] In political field internet serves as a medium to connect the media and the viewers. A lot of people are unable to go through the newspapers everyday because of either very busy schedule or ignorance or because of travelling. However most people in todays generation are connected with internet. Therefore people read about the elections about the various political issues through the internet. Even the media updates all its news at every instant on the internet and get a lot of responses from all its viewers which helps them get feedbacks to make amendments. The role of internet has a lot to contribute to the economical aspect or impact of the media. With the share market and the online trading and banking facilities people have started shifting from the conventional ways of doing things to this modern easier and hustle-free method. The term globalization in economics is about the different aspects of cross-border transactions, free international capital flows, portfolio investments, diverse and rapid blending of technology. The theory of globalization states that it enhances prosperity in terms of the economic development of the country and leads to proficient allocation of resources, which in return leads to more employment higher standards of living, more outputs and lower prices. The internet facility provided by the media channels help the users (viewers) to be able to update themselves from wherever they are. The news provided through the internet is mostly updated at every instance and is more precise and easier to find than other sources of the media. There are options of commenting on the news updates and the best part is that one can indulge themselves in a discussion and hence connect the social and economic aspects of the issues. Of the total of 4600 news and information sites the top 7 sites ,they collect about 80% of the online traffic.[9] The role of internet in the cultural and traditional aspect is quite prominent. Globalization has an immense effect on the cultures of the different countries. It has always had a very deep impact on the cultural identity. The free flow of information, speedy progress in the field of technology, transportation and communication has converted this world into a global village. The reductions in costs and better facilities and variety of choices have changed the tastes of individual and societies leading to a stronger integration. The use of internet through the media provides an inter mix and exchange of ideas and thoughts between countries. The media provide the news about not just within the country but also around the globe. Along with the general news about ones nation, media also highlights the cultural and traditional aspects of the country. With the help of globalization and internet being a source of it there is an exchange of these cultural and traditional aspects leading to a n amalgamation of culture. The extent of this amalgamation differs from country to country or place to place depending on the amount of exposure people have to the internet or the media. Falkland islands has the highest internet penetration rate of 100% as its population is equivalent to the number of internet users in the country which means that all the citizens of this country use internet.[Internet world stats] This cultural diffusion opens up the mindset of the people and lets them know the world in a much matured way. role of television in the media globalization The television acts as an eye opener to the viewers. The role of television in the media globalization has made a remarkable impact on the society. There are both sides to it negative as well as positive. However it is the positive effect of television which is way more than the negative and hence the impact is progressive on the society. In todays world almost every house has an access to television and over the years the accessibility has increased immensely. United Kingdom tops the list with an average television rate of 28 hours per person per week.[9] When the press media had not come into picture, people used to communicate by writing letters and sending them through direct mails .The beginning of press media came as an information revolution. This press media has become a source for promoting, projecting and supporting the process of providing information. It assists the journalists in networking and the globalization has led to revolution of news circulation, printing, editing and reportage. It is because of globalization that the spread and exchange of news becomes possible which leads to people of one country knowing not just about the news within their own country but aware about international news as well. Therefore globalization has led to the timely processing and distribution of information. (Jan, 2009) Therefore international print media can be read and understood on the domestic grounds. The role of the press media is diverse and it focuses on all the issues concerning out daily lives and well being. It plays role in e ducating the people on political parties, international happenings, entertainment glamorous celebrity gossip and sport events .After the press media there was the discovery of radio and television. This lead to a different kind of revolution as press media restricted one to just read but radio and television appealed to another sense as it had both visual and audio sense.A recent poll states that about 59% of Americas population obtain the world news on television out of which 37% is through cable and 22%through broadcast.[9] According to researcher George Gerbner the most popular television programs are no longer the ones made for the national consumption but are the ones made for international distribution. With further research he came to the conclusion that this was in order to increase the marketability of international television program distribution. (Media and Internet, 2009) A political economist and media historian named Robert Mc Chesney criticizes the multinational corporations for using the media as a platform to serve their own interests only. These companies create content and own the publishing companies and hence use them to distribute their own product. Another opinion which a lot of researchers have is regarding the impact of globalization on media with respect to local culture. They feel that the World Trade organization is threatening the local culture by encouraging foreign investment in local media. Firstly, the younger generations watch television regularly and there are points in the year when they watch it more than the average. This is because of the seasonal shows which they watch for a certain number of weeks and then may not watch for next couple of days after one season of the show is over. These programs on television depict the various cultures all around the world. The media through television can reach to the mass people. The television serves to a larger number of people than the internet at one time. In terms of political aspects the television has a lot to add to. The viewers can be made aware of the political issues sensitive topics concerning the nation. The television can provide its viewers with important facts and information concerning the democracy and the political system which can help us make better decisions. At the same time it gives us the overall picture of what is happening in the rest of the world. A lot can be understood and adopted through movies as well. Movies depict the various issues of the society and politics and it greatly influences the viewers and a lot of the time leaves them thinking about the social and political issues and acts as an eye-opener. The economical aspect is highlighted by the television through advertisements and the news channels giving updates on the share market, brokers and stocks. The advertisement in a way makes us consumers and helps to make us aware of all the suitable options available for us in the market. This is not just restricted to advertisements of clothing or grocery but at the same time about pension plans and banks. In fact with television one neednt always go to the stock markets or keep waiting for the newspaper for the stock conditions but can keep oneself updated with the television news channels. The Cultural and traditional issues are focused by the television through movies, serials , reality shows and advertisements. role of radio in the media globalization Radio is one of the easiest and cheapest media source. It is easily available in most part of the country. The biggest advantage of the radio as a means of media globalization is that it can be understood by even an illiterate person and can cater to a larger number of people. Moreover it has a greater impact on the rural as they are able to connect to the radio easily. Therefore the importance of radio in the society is indispensable. Television and radio catered to illiterate people as well. Moreover the advertising industry has used this as a medium to expose global products daily to the audience. The radio was one of the oldest means of spreading information amongst the people. Be it a cricket match or songs or elections peoples ears used to be stuck to the radio to keep themselves aware of things around them. Most people in todays generation are not regular listeners to the radio unless they listen to it for music on their way to work. The use of radio amongst them is now restricted only to music and that has also reduced remarkably because of technological advancements like I pods and music phones. In the political and economic aspects the role of radio is slow and steady. However in the rural areas it has a great impact. The rural people are greatly influenced by the news and information shared by the media through radio. In fact this helps them to understand the political system and the advertisements make them aware about the various products. Radio also highlights the social issues and helps eradicate and revolt against those issues in the best possible way. Radio in todays world is a platform for advertisement. In fact it generates a lot of income and adds to the economy of the media. It provides the listeners with enumerable options available in the market but at the same time highlights the ill issues of the societies and methods to eradicate them. Radio also provides a platform for the cultural and traditional exchange. For example, the radio channels provide music of different parts of the world and hence this leads to one nation understanding the music of the other. Music reflects the culture and the tradition of the area to a large extent. conclusion Globalization reflects our identity and connects us to the rest of the world. The science and technology makes the world globalized and in turn reflects the theory of convergence and promotes cultural identity. Globalization is a very debatable topic as with a lot of positive aspects there are quite a lot of limitations or negative impact of globalization on the countries. Where it has benefited a lot of countries on one hand, on the other it has also generated significant international oppositions over all the issues that has increased inequality and environmental degradation The limitations are as follows: Economic liberalization Effect on income disparity Effect on disease(health) Effect on the environmental degradation Globalization is definitely bringing the world together in order to create one global world but however one must understand its limitations and make the best use for the betterment of the nation and oneself by adopting the best of every nations culture. Media has always played a very important role in our society and for a long time it remained one of the methods of controlling people and their recreational time. (The Role of Media in the Society) The media hence provides different types of information in different ways in the form of newspaper, internet, television, magazine, radio etc. In fact its a very essential and simplified way to inform or simply to entertain the audience. As the process of globalization becomes more prominent the role of media and advertisement and consumerism also increases considerably. Therefore globalization is not just integrating trade, investment and financial markets but also integrating the consumer markets. At the same time the consumer receives an overflow of information through commercial advertising. However with the years progressing the methods and techniques of advertising have become sophisticated creating a better and much aware world and hence turning luxuries into necessities. (Shah, 2006) Just by sitting at home one can get the entire news of the world by any medium like radio, tv or internet, this is possible only because of globalization. Globalization in media has also made us aware about the economical and political conditions of a particular country but also provides us with entertainment of all sorts. Globalization in the media has definitely got some negative aspects to it but however the advantages are way more and therefore there is a remarkable progress in development in all economic, social, political, cultural and traditional aspects

Demmings Fourteen Points Essay examples -- essays research papers

Demming's Fourteen Points   Ã‚  Ã‚  Ã‚  Ã‚  Demming’s formulation of his Fourteen Points is seen by many as the management equivalent of the â€Å"10 Commandments†. Like many quality driven approaches, the fourteen points take a holistic view of an organization, how it works, and its relationships with its stakeholders.   Ã‚  Ã‚  Ã‚  Ã‚  Point 1: Create constancy of purpose towards improvement of product and service, wth the aim to become competitive, to stay in business and to provide jobs.   Ã‚  Ã‚  Ã‚  Ã‚  Constancy revolves around the customer. Success depends on how well a company evalutes its processes, products and markets in order to understand future requirements. This requires a commitment to invest and adapt to to changes in the market place.   Ã‚  Ã‚  Ã‚  Ã‚  Point 2: Adapt new philophies. Management must awake to new challenges, learn their reponsiblities and take on leadership for change.   Ã‚  Ã‚  Ã‚  Ã‚  Quality means giving the customer what they expect. Business cannot afford mistakes. Mistakes of any type are costly, and reliable products reduce costs. Demming 3   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Point 3: Cease reliance on mass inspection to achieve quality. Eliminate the need for mass inspection by building quality into the product in the first place.   Ã‚  Ã‚  Ã‚  Ã‚  Dependency on inspection at key points in a process to ensure quality is too late, expensive and...