In what respects has sovereignty been redefined in the post-Cold War Essay

In what regards has sway been re-imagined in the post-Cold War time - Essay Example The wild virus war between United States and previous Soviet Union made parcel of pressures over the world during that period. The predominance of these political forces constrained different nations to adjust towards both of them for their wellbeing and security. Simultaneously, such polarization towards both of these superpowers was constrained different nations to figure their international strategies and monetary exercises carefully as per the interests of the superpower identified with them. As it were, during cold war time, nations which looked for the assurance from both of the superpowers lost their power and they compelled to help all the activities of the superpower under which they adjusted or enraptured. Accordingly the independence, opportunity, and character of such nations were being referred to during the virus war time. Numerous progressions occurred in worldwide governmental issues during the post cold war period. Numerous nations which were once sidelined under the standard of these superpowers, began to inhale free air and experience opportunity. For instance, nations like Poland, Bulgaria and Rumania were under the Soviet standard during the virus war period and after the demolition of Soviet Union, these nations began to grasp popular government and encountered the estimation of human rights and opportunity. Such nations began to communicate in their own language on global political issues as opposed to communicating in the language of socialism or the Soviet Union after the virus war period. They reestablished their power and uniqueness.

Opium War: Was Britain completely in the wrong? Essay

The British weren't right by taking the alternative of exchanging opium on the grounds that by exchanging opium, they would imperil the prosperity of a whole nation. Be that as it may, they just did it in light of the fact that the Chinese were declining to exchange, so along these lines it is just somewhat Britains issue. The â€Å"Opium War† otherwise called the Anglo-Chinese war started in 1839. It began as a contention once again exchanging among Britain and China. China was declining to exchange since they didn’t need anything. In the long run the British had the option to exchange opium on the underground market. China did almost everything to stop the opium being exchanged however nothing could stop it. This inevitably caused the war. Was Britain Completely off base? No. In spite of the fact that they were the ones that began the opium exchange, China is still somewhat to fault. The accompanying focuses will be contended for the way that the two sides contributed nor were totally off-base:  · The presentation of exchanging opium by Britain  · The idiocy of the Chinese invigorating the British and making a decision about them to be awful at war.  · And The avaricious arrangement made by the British In any case, right off the bat, the refusal for exchange and the barbarous guidelines that China put upon the British merchants. There was an interest for Chinese tea, silk and porcelain in the west, however there was hardly anything that the west could offer to exchange with China, due to the basic explanation that they didn’t need anything and were declining to exchange for things they didn’t need. The Chinese didn’t acknowledge how hard they were making the circumstance. A British man, Lord William John Nappier was sent to China to attempt to broaden British exchanging interests. He was informed that he could just deliver himself to the Hong Merchants and that he could just live in Guangzhou during exchanging season. At the point when he would not leave, Lu Kun, Governor of Guangzhou restricted all the purchasing and offering to the English and afterward requested all the withdrawal of all Chinese work from them. What were the British to do? The guidelines were excessively brutal and the British couldn’t exchange regardless of whatâ they attempted. In this circumstance, The Chinese were clearly in an inappropriate on the grounds that they didn’t consider the requirements of the British and they were to difficult to exchange since they thought they were increasingly predominant. Besides, Britain acquainted the opium with China since they came up short on decisions. Since China disregarded Britain’s proposition to exchange, Britain needed to locate some other way they could get the odds and ends that they required. They began to unlawfully send out opium on the underground market, mindful of the results. The outcome was a boundless enslavement all through China causing genuine social and financial disturbance in China. England was without a doubt off base with this decision since nothing can make the exchanging of opium reasonable. The expense is excessively difficult. In any case, it was China’s shortcoming in the clench hand place that they didn’t need to build up exchanging with Britain. Thirdly, the ineptitude of the Chinese animating the British and making a decision about them to be miserable at battling caused them the loss of the war. The Chinese were uninformed, and they felt that the British were terrible contrasted with them. Lin Zexu says, â€Å"Besides firearms, the brute fighters don't have the foggiest idea how to utilize clench hand or swords†¦ Therefore, what is called their capacity can be controlled without difficulty.† Unfortunately Lin Zexu wasn't right about this. The underestimation of the British made the Chinese hindered in light of the fact that they weren’t sufficiently arranged and much sloppy. Their weapons were totally futile against those of the British. Chinese urban communities were then caught and Chinese citizen’s officers had to give up. Thusly China’s ineptitude and awful association abilities for this situation were to be faulted for the opium war and their misfortune. So China was, for this situation was off base. The last factor is the eager settlement made by the British. When the Chinese had lost the war, they had no real option except to sign a settlement composed by the British. Numerous absurd discissions were made for the British including numerous unreasonable installments. China was totally crippled and Britain was off base for making them sign such an out of line settlement. They exploited China when they shouldn’t have. To finish up this contention, neither China nor Britain was totally off-base orâ right with every one of their choices. The two of them added to the war and in this way it was both their flaw. China’s refusal for exchange wasn't right since they were being narrow minded and obstinate and they weren’t thinking about the government assistance of others. England wasn't right in presenting opium since nothing can legitimize the exchanging of opium and it shouldn’t have even been a choice to exchange it. England was likewise off base by making a settlement in support of them since China was in a frail position.

eBay

eBay © Shutterstock.com | Denys PrykhodovThough there are many different ways to sell products online, a popular channel is through eBay. In this article we will look at 1) what is eBay, 2) the business model, 3) how to sell successfully on eBay, 4) taking precautions, and 5) an example of a successful business on eBay.WHAT IS EBAY?The Company eBay is an ecommerce website known for its online auction style sales. It is owned and operated by eBay Inc which is an American multinational company. It was founded by Pierre Omidyar in 1995 and is a prominent success story that emerged from the dot-com bubble. The company has grown to become a multi-billion dollar business that operates in over 30 countries.The website traditionally allowed consumer to consumer sales over the internet through a bidding system. In recent times, the company has expanded its model to provide options such as classic shopping where you can ‘buy it now’ as well as other services such as classified advertisements, online ticket trades and online money transfers.Traditionally, the person to person trading channel was limited to events such as garage sales, flea markets etc which had a limited neighborhood reach. Through eBay, this has become a more streamlined process and provides people wider access to products being sold off by a variety of users in many different, often far off places.The Business Model The MethodThe business model popularized by eBay is simple. It is a consumer to consumer sales platform, where buyers and sellers are connected via the internet. Potential sellers are charged a small fee for to list items that they want to sell. These can then be viewed for free by potential buyers. Buyers can then place a bid on the item that they choose, again at no cost. Once bidding closes, the highest bid purchases the item much like any traditional auction.Items are listed in categories, making it easy to locate any items of interest. Though the experience is largely free for buyers, s ellers are asked to pay two fees.An insertion fee, which is charged when an item is listed and is based on the opening bid amount set by the sellerA final value fee, which is charged when the auction is completed. This can be anything between 1.25 and 5 percent of the final sale price.There may also be an additional listing fee, which eBay charges for additional features such as highlighted listing, featured items or other methods which bring the seller’s listing into a more prominent and featured position. This helps increase visibility and the number of bidders.Once the bids reach the preset minimum price, the website will send the seller a notification and the buyer and seller can complete the transaction. eBay does not have any involvement in this final transaction and at no point does the company have physical possession of any listed items or any payments to be made.  The Selling Options1. Auction Style ListingIn this mode, the seller lists an item and receives bids on it. T hey can then sell to the highest bidder. There is also an option to list a Buy it Now price, which allows a user willing to pay a higher price to bypass the bidding process and the end date for the bidding. Listings appear in the appropriate categories of the seller’s choice and appear in appropriate search results.Auctions can continue for anywhere between 1 to 10 days. Often, things like real estate auctions may last as long as 30 days. An insertion fee and a final value fee is charged with the option of choosing an advanced listing upgrade for an additional third charge. Feedback and problem resolution services are also accessible.2. Fixed Price ListingIn this type of listing, a fixed price is advertised and there is no bidding. Buyers can purchase the item immediately. There is still an option to choose a Best Offer from among a few offers. Items appear in appropriate categories and search results. Listings last for between 3 to 30 days or appear until they are cancelled. Thes e longer term listings are renewed every 30 days until the items are sold, the seller cancels the listing or eBay cancels it. An insertion and a final value fee is charged with the option to opt for advanced listing upgrades. Feedback and problem resolution services are also accessible.3. Classified AdvertisementsThis mode works like a traditional classified ad. A price is stated, a buyer contacts the seller and the transaction is handled between the two. Usually, these ads run for a 30 day period or till the good is sold. It is automatically renewed every 30 days until it is sold or the listing is cancelled. An insertion fee according to the category of the item is charged every 30 days while the listing appears. There is no final value fee in these cases. There is the option to pay an additional fee for advanced listing upgrades. This is no access to the feedback or problem resolution service.4.  Motors National ListingsWithin the US, an eBay seller can list vehicles for sale nati onally. Often older or more unique cars are sold this way to increase the likelihood of attracting multiple buyers. These items can be searched for using ZIP codes. Sellers can sell the items through auctions, Buy it Now or the Best Offer format. These listings usually last between 3 to 10 days. There may a varying insertion fee per vehicle identification number or VIN and a successful listing fee. Users can also opt for advanced listing upgrades by paying an extra charge. Sellers have access to the problem resolution service, feedback and eBay vehicle protection programs.Feedback ForumsSince the transaction of goods and payment is only directly between the buyer and the seller, there is always an issue of trust and reliability. In order to keep users coming back, eBay encourages the use of feedback forums to discuss positive and negative sellers or buyers and share stories. This information can help a potential buyer or seller make the decision to conduct their transaction via eBay . Though not foolproof, it is one way of reducing the risk of anonymous transactions.   HOW TO SELL SUCCESSFULLY ON EBAYTips from SellersMany actual sellers offer advice on how to sell successfully on eBay. This advice is practical and gleaned from actual experience. One such seller suggests the following tips:Research Your Item: Before listing your item, go through existing eBay listings of similar or the same item and see how much they sell for and how often they sell. You can also check other forums such as Amazon.com to compare prices.Use Low Starting Bids: When an item has a low starting bid, it costs less to list it and it also encourage people to actually bid on it. If the item to be listed has the potential to draw in bids, then the starting point can be much lower than your expected final price. Otherwise, it should be kept low but closer to the minimum selling point.Use 10 Day Listings that begin on A Thursday: When this method is used, the 10 day listing ensures that two weekends are included in the auction period, increasing the likelihood of browsers.Offer Free Shipping: Through free shipping, you can build a certain level of goodwill. Additionally, you can offer delivery confirmation to ensure that the item has reached. Insurance can be offered for more expensive items but it can be offered as a customer paid for service.Offer Money Back Guarantee: This can be offered only if the item does not match a description and not for buyer mistakes or a change of mind.Choose Auction Title Carefully: Instead of listing the actual name of a product, it is a good practice to use keywords that relate to it, or that may attract potential users of the item.Write Thorough Descriptions: Ensure that you write a detailed but relevant description of the product with any flaws or positive aspects clearly stated. More keywords can be used here but only so that they make sense and there is no unnecessary keyword stuffing. You can also use highlighted or bold text to em phasize key description aspects.Refuse Problem Bids: Don’t accept bids from people who may become difficult such as a buyer with negative feedback, someone who hasn’t been paying smoothly or even in some instances, foreign bidders.Use Photos: Pay a little extra and add a photo gallery to allow people to browse photos and assess the condition of the item.Answer Questions: If you receive queries, try to answer them even if they are repetitive or annoying. An FAQ section can be added to the description if a particular query is coming up often.Be Amiable: Instead of being all business, it is a good idea to foster an easy going persona. A buyer who connects personally may be more likely to actually make a purchase or a bid.How To Boost Your eBay Listings Tips from BuyersIn addition to useful tips from sellers, some frequent buyers also offer advice on what attracts them to a particular listing. One such buyer suggests the following:Use Title Line Intelligently: Since there is competi tion to sell items, the title can become a differentiating factor. In addition, the correct use of keywords can help successful search engine searches. A successful title may include information such as item identification or alternate names, brand names or artists, material or medium, subject matter etc.Research Similar Listings: Different categories of items may have their own particular terminology that you can learn and use. The correct use of words may attract a specialist buyer who would pay good money for an item rather than everyday buyers. It is also not a good idea to list items that have not been selling well.Use Accurate Categories: Use your research to place the item in the appropriate category or categories. This small step can make a substantial difference in the bid amounts.Write Informative Descriptions: Ensure that the description does justice to the product. The best way to do this is to list down relevant information in a logical order. Some of the necessary info rmation should include the item description, a strong title, who the maker, brand, artist or author is, any other identifiers, details of the medium or material, dimensions, the condition of the item and any other special features or history. All relevant dates, any patents, locations or other information printed on an item should be included. Only photos should not be used to give all this information. Many buyers will not ask for details via email etc, but will move on to other items. So make sure that all relevant information is given. It is also necessary to avoid the use of words such as awesome or rare since they usually signify amateur buyers.Check Spelling: Incorrect grammar and spelling can not only put off potential buyers but also result in search engines overlooking the items. Special attention needs to be given to the keywords in the caption.Keep Photos Relevant: The most relevant photo should be placed before the others to ensure that the buyer does not need to go thro ugh multiple photos to reach the right one.Keep Things Simple: It is a good idea to assume that bidders are in a hurry and cannot go through everything you post. Necessary information and photos should be presented clearly and cleanly. Any other information about shipping, terms or other advertising is secondary and can follow relevant information.Avoid Fancy Displays: It can be tempting to attempt to create a pretty eBay shop, but it is a better idea to avoid flash animations or large slow loading graphics. Any larger images should be resized to ensure that they load quickly. Also avoid music.TAKING PRECAUTIONSThe eBay business model relies heavily on the trust buyers and sellers put in each other. Unfortunately, this trust is not always justified and there are instances of mishaps. To try to mitigate these risks, the following steps can be taken by both buyers and sellers:1. Confirm Your PayPal AddressThis small step takes very little time but ensures that your PayPal shipping add ress matches your credit card address. This makes eBay safer since if someone manages to access your PayPal information, any items bought can only be shipped to you. In addition, sellers will prefer to sell to you if you have a verified account.2. Check Supplier ReputationEspecially in expensive purchases, it is a good idea to check the supplier’s reputation and reviews.3. Research ProductsSome products are easy to copy and counterfeits may be sold in place of the original. Ensure that you are aware of any required documentation or authenticity guarantees. Designer clothes, accessories and sports memorabilia are particularly likely to be in this category.4. Always use PayPalPayPal is an added level of security. If the sellers does not ship the item then PayPal will return your payment5. Use Delivery Confirmation As a seller, always try to use delivery confirmation to ensure that the item has reached the buyer.6. Read all the Information ProvidedDespite long descriptions, make sure you read all specifics and are aware of shipping and return policies. Long descriptions may have hidden details of product quality etc that could save you the trouble of returning the item.The Worst Mistakes to Make on eBay EXAMPLE SUCCESSFUL BUSINESS ON EBAY An industrial machine dealer from New Jersey, Machinery Values started the year 2001 with the threat of going out of business looming. The CEO, Gene Valitt was afraid the 30th anniversary celebration would turn into an out of business event. Employees had shrunk from 70 to 35 and revenues have substantially decreased as well. Following a recession, business in the industry was at an all-time low. The breakthrough came when the COO started considering what to do with unused inventory. This was about $250,000 worth of metalworks equipment as well as a collection of odds and ends. It was good material but not worth spending budget on advertising it to potential clients. Instead, they came up with the idea of cleaning and photogr aphing it to sell on eBay.Not only did everything sell out, the company began bringing in as much as $20,000 in a month. The company did away with the catalogues they use to print several times a year at substantial costs and instead started marketing through eBay. A few years later, the company brings in over $1 Million a year from eBay, which is about 15percent of its total sales. New customers have discovered the company via eBay and has brought traffic to their warehouse. Through direct and indirect sales, the company gets 30 to 40 percent of its business from eBay. Business that has saved the company.Through understanding of the business model and the sales process, and a bit of trial and error, eBay can be used successfully to create an online ecommerce business or simply to get rid of things that you no longer need!

Literacy As A 21st Century Educator - 1604 Words

When one hears the term literacy, the first thought that comes to mind is reading. However, literacy is so much more. It is in everything we do, from reading a book to getting from one location to another. We often do not realize how much literacy is in every aspect of our daily lives. As a math teacher, I chose to explore this concept as it relates to mathematics. I wanted to gain a general understanding of how literacy is intertwined in mathematics, from vocabulary to word problems. As a 21st century educator, literacy plays a crucial role in mathematics in providing students the connections between skills to produce life-long learners who are able to tackle real world scenarios. Literacy, in its basic sense, is the ability to comprehend all sorts of text. It is important for educators to begin to think differently about literacy as the practices in classrooms are beginning to change. Literacy can also be thought of as the ability to evaluate and use information. In mathematics, there are key changes that can be seen in literacy infused classrooms. According to Shults (2008), â€Å"A visitor to a literate math class will hear students discussing math with their teacher and peers using the precise language of mathematics to describe and explain math concepts† (p. 4). It is this dialogue that allows students to learn beyond memorization of rote facts or formulas. Furthermore, â€Å"They will see a print rich classroom where math vocabulary is displayed on word walls, and mathShow MoreRelatedDigital Literacy Is A Continuous Learning Process785 Words   |  4 Pagesand changing. In order to become more confident in my 21st Century skills, I must commit my way of learning to that of a digital native. Technology and its intricacies must become so ingrained in my daily routine that it becomes natural. Digital literacy is a continual learning process. Knowing this, I must be willing to adapt and change my way of teaching from 20th Century skills to 21st Century skills. New Definition of Literacy â€Å"Literacy has expanded from the notions of reading and writingRead MoreEssay on Mission and Vision Statement897 Words   |  4 PagesStatement: As an educator I will provide for students the opportunity to make a positive difference in their lives to help them accomplish unexpected goals. I will enhance learning to support my students in achieving their highest potential by integrating technology into the curriculum. I will integrate conceptual technology learning techniques that will implement concrete knowledge of technology that will emphasize mastery of understanding. Through committed support from educators, faculty, staffRead MoreThe New Industrial Revolution And The Digital Age968 Words   |  4 Pagespossibility inside classrooms. Establishing a culture of where individuals think deeply about their work is a hallmark of a 21st Century school district. A crucial role the Director of Curriculum and Instruction is fostering an organizational climate where stakeholders are imbued with a sense of agency. The Director of Curriculum and Instruction needs to interact with educators, students and parents on a personal level to engage individuals in reflective conversation about current practice and toRead MoreChildren s First Encounters With Literacy2210 Words   |  9 Pages Literacy is a fundamental skill that all children are required to acquire in order to become effective collaborators and communicators in the 21st century. It is imperative that all children grasp the basic foundational literacy skills such as reading and writing to succeed in today’s world. 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As technology leads the 21st century, students are now expected to excel and master media literacy as well textual literacy (Jenkins, ClintonRead MoreDeveloping New And Innovative Programs For Educators1217 Words   |  5 Pagesdependent on technology, it has become increasingly clear that educators need to make sure they teach their students the proper skills to be active participants in the world around them. Seeing the potential pitfalls of students not being able to meet the skills of tomorrow, some organizations and groups have set about lobby for jus this type of edu cational reforms. One of the leaders of developing new and innovative programs for educators is the Association for Supervision and Curriculum DevelopmentRead MoreWhy We Need The 21st Century993 Words   |  4 PagesAnyone studying need 21st century abilities to be fruitful. It s energizing to trust that we live in times that are revolutionary to the point that they request new and diverse capacities. The aptitudes understudies need in the 21st century are relevant today as they were 20 years ago. Critical thinking has been a part of the human advancement all through history, from the improvement of ahead of schedule devices, to horticultural headways, to the innovation of antibodies, to land and ocean

The Three Industrial Revolutions - 1740 Words

INTRODUCTION The term industrial revolution refers means the strong transformation of a society- economically, socially, culturally and geographically. The Industrial revolution was a period from the 18th to the 19th century where major changes in manufacturing, agriculture, mining, transportation and technology had a profound effect on the social, cultural and economic conditions of the times. FIRST IR The main differences between the First and Second Industrial Revolution were the invisible hand in comparison to the visible hand in the Second Revolution. The use of non human labor such as coal and steam powered energy, compared to mass production with unskilled labor workers in the Second Industrial Revolution. Owners managing and†¦show more content†¦Britain was now ready for another change, as life with machinery had already been assimilated into society. This saw the beginning on the Second industrial revolution around 1880 and went through to the 1920’s. Whilst Britain still remained in the dominant countries, however, the Second Industrial Revolution saw Germany and the introduction of Big Business in the USA. The main changes compared to the first Industrial Revolution were increased and improved transport and communication such as railways, telephone, cars and enlarged national markets. The rise of American and Germany as dominant countries and science based innovations. The markets became larger and there was an increased need for goods and infrastructure. Management Styles changed and Chandlers three Ms were implemented, Management. Marketing and manufacturing. Compared to the First Industrial Revolution, the Second Revolution saw many new inventions, and important advances made in the system of mass production. Mass production changed the organization of companies, workers worked and managers managed. Alfred Chandler argued that modern large-scale firms arose to take advantage of the national markets and productive techniques available after the rail network was in place. He found that they prospered because they had higher productivity, lower costs, and higher profits. The firms created the managerial class in America because theyShow MoreRelatedJohn Beckett s The Glorious Revolution971 Words   |  4 PagesJohn Beckett mentions that â€Å"the Glorious Revolution† has been considered a historical event related to the political issues. The main target of this historical event was to create a commercial freedom in Europe. After this revolution was done, trade relations in Europe went up, and the Bill of Rights was also created in 1 689. Today, the Bill of Rights is shown and knowns that it was the first building stone for â€Å"the British constitution† because it limited the monarchic power. During the eighteenthRead MoreIndustrial, French, and American Revolutions: Common Social Revolutions?764 Words   |  4 Pageshistory there have been many important revolutions that have help to shape society as it is today. There are different causes, from political to religious, economic to social. Any revolution affects those in society, and creates changes for the people in the society. There are three important revolutions that took place in the late 18th century that changed the world for the better. The French Revolution, the American Revolution, and the Industrial Revolution all took place in the late 1700s. 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Because of the European expansion taking place throughout the world, new commerce and industries were advancing, creating the need for new technology and science. The theories and inventions that Copernicus, Galileo, and Newton provided were the fist major advances during the scientific revolution, and perhap s were the most profound. The EuropeanRead MoreThe Positives And Cons Of The Industrial Revolution835 Words   |  4 PagesIs the Industrial Revolution as Good as We Think It Is? Bill Gates once said, â€Å"If you go back to 1800, everybody was poor. I mean everybody. The Industrial Revolution kicked in, and a lot of countries benefited, but by no means everyone.† The Industrial Revolution was a period in the 18th century led by Great Britain that had a major influence in agriculture, scientific studies, manufacturing, and transportation. As said by Bill Gates, even though the Industrial Revolution benefited many parties

Essay On Supporting Success - 1333 Words

Supporting Success Traveling on a road to success can be extremely difficult for people who lack a stable support system. Whether it is a college student or a Civil Rights activist, most of the time people need support from others to accomplish their goals. The support can be physical, emotional, or financial.Without help from others, there is a good chance that ones goals may be out of reach or they will struggle for a longer period of time to reach that goal than people who have the aid of others. Throughout history, there have been numerous people who have stood for a specific purpose, group of people, or ideas. Well-known activist such as Nelson Mandela, Martin Luther King, and Rosa Parks are examples of the influential figures who†¦show more content†¦Furthermore in order for his plan to work there had to be enough people to march with King. He managed to gather support from not only the state but all over the country to march; this includes white people. The climax of the movie is when K ing left Selma and one of the young supporters of King ( John Lewis ) and other SNCC / SCLC members conducted a huge march consisting of 600 people without him. Alabama State Troopers blocked the road and ordered protesters to clear but when they refused thats when the Troopers responded with lethal force. This particular protest was televised around the world was known as Bloody Sunday. This is the event to get others around the country involved and start to follow King even more. That exposure displayed the reality of the madness of racism taking place in the southern part of the United States. Without this event or the support of the people in Selma and the Civil Rights Movement, it would not have been possible. The Civil Rights Movement was also a key support contributor to Rosa Parks’ success as well. On December 1, 1955, Rosa Parks was arrested for refusing to obey segregation laws by not forfeiting her seat at the request of a Montgomery bus driver. Rosa Parks was not the first person to have this incident happen, but she was the perfect person because there was no conflict ofShow MoreRelatedEssay Outline Practice982 Words   |  4 PagesMaking an Outline A Plan That Builds an Essay ay s Es --- -- ---- ---- ------- ----- The Benefits of an Outline An outline of an essay: ï  ® helps make your essay more organized ï  ® A careful plan will help your body paragraphs stay focused on the ideas in your thesis statement. ï  ® saves time for writers ï  ® Preparing an outline can take time, but you will be able to write the rough draft of your essay more quickly Outline format Essay Outline I. Introduction Thesis: _____________________ IIRead MoreMy First Class Is Not A Decision That I Have Taken873 Words   |  4 Pagesutilized and applied the writing process. 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Social Network in Business Practices-Free-Samples-Myassignmenthelp

Question: Discuss about the Advantages and Disadvantages of Using Social Networks in Business. Answer: Introduction The social media system incorporates the web-based communication technology which could be implemented by a company to share the facts and figures and communicate with other. In the current business situation, there are different social network techniques which could be exercised by a company such as Instagram, Pinterest, Facebook, Snapchat, Twitter, and WhatsApp. It is evaluated that more than 46 billion people use social networking system to interact with others and share their opinion through online channels. Wesfarmers Limited uses Facebook as a social networking system because more than 1.86 million of customers exercise this channel at world level. In the current scenario, a large number of the person who uses social networking system is young people particularly the scholar of college (Scott, 2017). In the current scenario, social networking plays an imperative role in the business function. Through this channel, Wesfarmers Limited can influence a large number of people and deal with business processes. It could be used to generate awareness regarding products and services amid customers. As a result, social networking system can gain the profitability in minimum cost and time. The literature review of this part entails the critical reviews, discussion, and detail of research topic is opined by different authors. This research highlights on the pros and cons of using the social network in Wesfarmers limited, Australia (Xu, et. al., 2016). Project objectives The main aim of this research is to analyze the advantages and disadvantages of using the social network in business practices in the context of Wesfarmers limited, Australia. Following objectives would be used to meet the main aim of this research: To identify the meaning and concept of social network To address the pros of using social network in business To evaluate the cons of using social network in business Project Scope The project scope is wider for the readers because social networking topic is recently highly used in business. The literature review is described by assessing different articles, journals, textbooks and online publication as it could be significant for business to create knowledge of using the social network in business. The project has also scope for retailers as it is significant for them to understand pros of using the social network in business. It could be also prominent for companies to gain the understanding of cons of using the social network in business (See-To and Ho, 2014). Literature review Meaning and concept of social network Rienties et al. (2013) stated that the social network is a website which facilitates people with homogeneous interest to come together and share their ideas, videos, and photos. The social network is a driving force in the current business practices. Social networking is a buzzword which could be implemented by a corporation to increase the awareness about the business and to gain the publicity of company. Hence, the social network plays an effective role in business to grow in long-term. It is sort of media which connects the readers and viewers through social media channels like YouTube, Facebook, and Twitters. In the existing business practices, a social networking system is executed to interact with current and prospect consumers. It also enables the business to create the awareness with regards to products and services in the targeted areas. Consequently, the company can hire the right person in the right place. In contrast to this, Rienties and Nolan (2014) discussed that social network helps to interact with the bulk of customer in across the Australian market. It also facilitates the Wesfarmers limited to expand their business by endorsing their products and services. There are different sort of business which dealt with the online channel. In the global market, the corporation may face complexities in terms of promotion and marketing of different products and services. Hence, the company should create a social network as it could be effective to obtain favorable feedback from current and prospective customers. In opposition to this, Wamba and Carter (2016) described that traditional sale technique could be effective to increase the revenue of a company because social networking is expensive and not reliable. In addition, people may visit via promotion and advertisement because it could not be ignored by a customer. Social networking may reduce the goodwill of a corporation in case customer gives their negative feedback on social sites as it can negatively influence the other customers. Advantages of using social network in business In the view of Stieglitz et al. (2014), the social network generates the awareness about the products and services between customers along with, it aids them to make their own judgment. Social networking is beneficial for a business to improve the relationship with the customers. It is analyzed that a large number of users has gained their online presence as it facilitates the opportunities to expand the business in all over the world. It is also evaluated that online communication is a rapid and comprehensive process which allows a company to build liaison with their customers. In favor to this, Dai et al. (2017) evaluated that social networking is effective strategy to enhance the ranking of search engine of a company as it could be effective to improve their goodwill at the workplace. The search engine optimization could be effective to attain the higher ranking and pull the attention of bulk of customers towards their business websites. It is assessed that there are about 58% of company who have improved their search engine ranking via social network. Moreover, a company can shift and create positive feedback for the company. In contrast to this, Malone and Kinnear (2015) exemplified that social networking is an essential strategy which has to boost its recognition in existing globalization period. In addition, social networking marketing is presented by the company for endorsing the products and services. As a result, it could be beneficial for a company to expand the precious information in minimum time to their customers. Social networking system provides the business connectivity at the international level. Moreover, social networking facilitates the people to interact with people and share their opinions and ideas. Therefore, it could be effective to construct the final buying judgment. Target advertisement could be implemented by business via online social networks at the workplace. It is an effective strategy to present the company data in front of the bulk of customers. This social networking system could be used by 24*7 hours by the business as it would be beneficial to persuade the customers tow ards their products and services. According to Dai et al. (2017), advertising strategy should be used by the company to endorse their products and services. There are different fee-based options which provide content to the company to target those customers who give preference to their products and services. It also facilitates the company to arrive at the bulk of customer and improve their image in the customers mind. Social networking could be beneficial to spread the news and facts associated with products and services. In the existing situation, Wesfarmers limited uses social networking sites to collect and broaden the data about their products and services (Ray, 2014). It is analyzed that utilization of internet and smartphones have been increasing in Australia as it could be an effective source for business to attract the customers through their products and services. In opposition to this, Ainin, et al. (2015) discussed that social networking enhances the relationship between users and company and helps to obtain business growth. It is assessed that number of people, who uses highly social media is gaining in Australia. Consequently, it would be beneficial to gain the publicity and supports the company to boost their revenue and business growth. From the different study, it is evaluated that approximately 53% Australian are loyal with respect to the brand because they follow the company on social media channels. Hence, it could be stated that social networking increases the loyalty of customers towards the particular brand. It is also studied that there are over 3 million of social media users in which about 2 million of users have active for more time on social media account (Chung, and Tung, 2013). Therefore, it is a significant alternative which helps to gain their valuable perception amid bulk of customers. Talukder et al. (2014) described that social media could be beneficial to attain the customers needs as it enables the business to frequently assess the customers desires and needs. Through the social media, the company can build their identical image in the customers mind by frequently respond to unfavorable comment and feedbacks. Furthermore, social networking could be imperative to enhance the satisfaction level. Social networking system is also implemented by business to pull the attention of customers towards their products and services as it could be beneficial to improve the effectiveness of long-term. The company should be aware while consumer gives their feedback and posts on their page. As a result, they can influence customers by resolving the issues rapidly. Disadvantages of using social network in business Kwon and Adler (2014) evaluated that using social media could be disadvantageous for business because it takes more time and efforts. It is analyzed that updating the new data and replacing the old information may take long duration. In addition, social media could lead to reducing the number of followers for a particular business. It could create different risks within a business because there is lack of personal with an emotional risk between the customers and business. In opposed to this, Palmer (2014) discussed that social networking has required legal consideration in business as it could be expensive for business practices. Moreover, effects of social media could be for shorter time and moved out after sometimes as it creates complexities for business to survive the business in long-term. It may destroy the goodwill of business because users can give their negative comment on the companys websites. But, at the same time, social networking builds competencies among business to reach at the bulk of customer. It also influences the customers to become a truthful user and influences the companys image. Turner and Shah (2014)stated that social networking creates fraud risk and theft issues in terms of advertising and marketing of the company. Mismanagement of social media may have a negative impact on the goal and objectives of the company. Business and legal risk could occur in case of company advertising through social media. Another risk could be related to loss of brand image and trustworthiness of company because deceptive information about the company can negatively influence the customers. Conclusion As per the above interpretation, it could be summarized that social networking system is essential for business when it wants to add a mechanism in existing globalization situation. In addition, a social networking system is exercised to improve the capabilities of business and to communicate with people. It could be concluded that different mode of social networking system could be used by business to reach at the existing and potential customers. It could be evaluated that legal and business risk could be faced by a business when using the social network in a business function. Moreover, it can be concluded that social network creates the different opportunity for a company as it would be beneficial to grow the business. It also improves the business links with their customers which aid to gain the productivity of a company. It could be concluded that misleading information on social networking sites may create negative publicity. In the last, it can be stated that when a company uses social networking system then it could be beneficial to produce a better outcome in the competitive environment. References Ainin, S., Parveen, F., Moghavvemi, S., Jaafar, N. I., Mohd Shuib, N. L. (2015). Factors influencing the use of social media by SMEs and its performance outcomes.Industrial Management Data Systems,115(3), 570-588. Chung, H. F., Tung, R. L. (2013). Immigrant social networks and foreign entry: Australia and New Zealand firms in the European Union and Greater China.International Business Review,22(1), 18-31. Dai, F., Teo, S. T., Wang, K. Y. (2017). Network Marketing Businesses and Chinese Ethnicity Immigrants in Australia.Journal of Small Business Management,55(3), 444-459. Kwon, S. W., Adler, P. S. (2014). Social capital: Maturation of a field of research.Academy of Management Review,39(4), 412-422. Malone, E. L., Kinnear, S. (2015). How and why: complementary analyses of social network structures and cultural values: improving flood response networks in Queensland, Australia.Quality Quantity,49(1), 203-220. Palmer, S. (2014). Characterizing university library use of social media: a case study of Twitter and Facebook from Australia.The Journal of Academic Librarianship,40(6), 611-619. Ray, D. (2014). Overcoming cross-cultural barriers to knowledge management using social media.Journal of Enterprise Information Management,27(1), 45-55. Rienties, B., Nolan, E. M. (2014). Understanding friendship and learning networks of international and host students using longitudinal Social Network Analysis.International Journal of Intercultural Relations,41, 165-180. Rienties, B., Hliot, Y., Jindal-Snape, D. (2013). Understanding social learning relations of international students in a large classroom using social network analysis.Higher Education,66(4), 489-504. Scott, J. (2017).Social network analysis. Australia: Sage. See-To, E. W., Ho, K. K. (2014). Value co-creation and purchase intention in social network sites: The role of electronic Word-of-Mouth and trustA theoretical analysis.Computers in Human Behavior,31, 182-189. Stieglitz, S., Dang-Xuan, L., Bruns, A., Neuberger, C. (2014). Social media analytics.Business Information Systems Engineering,6(2), 89-96. Talukder, M., Quazi, A., Keating, B. (2014). Virtual Systems in Australia: A Study of Individual Users' Commitments and Usage.Journal of Internet Commerce,13(1), 1-21. Turner, J., Shah, R. (2014).How to make money with social media: an insider's guide to using new and emerging media to grow your business. Australia: Pearson Education. Wamba, S. F., Carter, L. (2016). Social media tools adoption and use by SMEs: An empirical study. InSocial Media and Networking: Concepts, Methodologies, Tools, and Applications(pp. 791-806). Australia: IGI Global. Xu, Z., Zhang, H., Sugumaran, V., Choo, K. K. R., Mei, L., Zhu, Y. (2016). Participatory sensing-based semantic and spatial analysis of urban emergency events using mobile social media.EURASIP Journal on Wireless Communications and Networking,2016(1), 44.