Business Process BPM Consultant

Question: Describe about the Business Process for BPM Consultant. Answer: Introduction: This Business report will focus on the Business Process Management (BPM) of Dynatrix Pty Ltd and the problems facing by the firm in its work process. The problems must be analyzed properly and proper solutions must be recommended in order to put its operations back on track (Becker et al. 2013). The company in discussion, Dynatrix saw some best years of growth after its incorporation in 2010 but gradually was succumbing after 2015 and 2016 is proving to be a horrible year for them with profit figures crashing down every moment. In comes the BPM consultant to make things work again. As a BPM consultant appointed by Mr. Pete, the inventor of Dynatrix, the job will be to point out the flaws in the present organizational process or structure and come up with a redesigned model that satisfies the very purpose of the firm. BPM and Strategy: In the face of intense competition, an enterprise needs to have a BPM to stay ahead of its rivals with innovated goods that stabilizes their position in the market (www.apmg-international.com 2016). Pete adopted a functional view of the organization which lead to its growth in initial years but recently took a tumbling due to certain issues. The firm is basically classified into quite a few departments with each department focusing on the closely related actions which enhances specialization and division of labor. However, the company lacks proper communication among the departments which jeopardizes its smooth flow affecting its success graph. The departmental heads are at fault as they lack proper co-ordination among themselves, simply lacking the idea of whats happening in the other departments. Petes Dynatrix Pty Ltd is in dire needs of a BPM in order to survive the scare of its receding profit figure. A proper BPM approach will take care of all this problems of the firm and try on developing a process that runs across all sections. Business Process Management (BPM) is an efficient method that is mostly put into action in time of emergency to make sure that processes are competent and capable enough to result in an improved and more cost proficient organization getting adapted to the ever-changing environment. An organization should have a clear strategic set-up and direct its resources in a proper way to improve its regular process in order to develop and manage its business procedure efficiently. BRM can help business in achieving the following goals: Decreased costs Employee Satisfaction Technology Integration Increase in productivity Better customer focus Improvement in business comes from proper analysis of the market, its own position and studying the competitors in an industry. The management needs to keep an eye on its surroundings to identify and study their competitors and remodel their practices on the best in the industry. Going back to the drawing board with this will enable the management to implement a new policy and gain an aggressive edge over others. Proper execution of the strategy will manage companys necessary business processes which will call for the position of the companys resources with its general strategy. In terms of value chains, BPM comprises of all the activities that are executed to produce, design, market, deliver and support a product line. In the value chain process the added on value of a product is calculated as it shifts from one course to another. Pete can therefore be benefited from this value chain concept in spotting the processes that do not add any value to its products or services. After identification, those processes can be either removed or re-evaluated. Problem Analysis: Petes Dynatrixs main problem is the growing number of consumer complaints about hindrances in receiving orders. Not having proper communication among the various departments resulted in such a problem. Consumers are the base of a companys strong financial position and problem in that could result in extreme implication in companys total profit (Baumann Hussein and Roller 2015). Moreover, it can result in loss of market share as witnessed in thinning consumer responsiveness. As Is Process: The As Is Business process refers to the current status of a business process in an organization. It analyses the goals of the organization and how the business process works in the present day. Figure 1: As-Is Process design There are two main process flow problem in the firm, the first being the poor decision making process and the other being the insufficient sub process procedures. Poor decision making arises from the fact of lack of proper information and absence of rules and system to administer the operations in the business. Inadequate sub process is obvious by the lack of excellence and measure control measures and indeterminate time frame. There are many instances which prove the above process flow problems in the organisation which includes customers being unhappy and unnecessary time taken in meeting order dates and departmental heads putting the blame on each other (www.crcpress.com 2016). Data loss is another major setback which creates a performance gap within the organization. To improve the overall competence of the company proper warehousing and use of enterprise information system can be done as illustrated in the project scoping diagram. The Sales team should use the past sales volumes to decide and project the most favorable demand. The production department should be able produce adequate stock to meet the demand of the market. Adequate stock will require more number of people to work in the warehouse and the company should invest in enterprise information system inclusive of an order system and a credit card system (Chang 2016). GAP Analysis: GAP arises when customers compare a particular kind of service or product they have experienced with what they expected (www.boundless.com 2016) GAP 1: Not known to the company what customers want is what diminishing its profit value after years of growth GAP 2: Not selecting the right service and designs as the company lacked a solid marketing strategy and relied only on word of mouth along with still believing in manual paperwork GAP 3: Not delivering to service standards as the departments of the firm lacks any proper communication between themselves, not knowing what the other is up to GAP 4: Not matching performance to promises as consumers were not satisfied with the delays in receiving orders. Proposed Solution Business Architecture can be defined as the blueprint of an enterprise that offers a general understanding of the organization (www.bpminstitute.org 2016). It is vital in implementation of a business strategy wherein if needed to change a particular process or to move a strategic direction, can be done readily by seeing the BPA, where exactly the change is required. The BPA will be a huge boost to Pete as he will no longer be required to call on to his departmental heads to know the changes required to be done as everything will be processed in a single page. To Be Process: The To Be process takes into account the future state of the business operations and helps to implement the necessary steps to close in the gap found in GAP analysis To bridge down GAP 1, Dynatrix needs to focus on increasing its sales which will automatically take care of its sales. To bridge GAP 2 the business should come up with a successful marketing plan and digitalizing the whole business set up. To bridge GAP 3 the departmental heads needs to work in tandem with each other and work on improving communication process. To bridge GAP 4 the management should focus on improving their delivery time frame so that customers are satisfied and do not cancel orders. These changes are required across all departments of the organization. Changes to bridge the gap of expectation and performance gap can be settled through this. Solution Consideration Petes Dynatrix Pty Ltd needs a proper Business Process Management to have a good authority and flexibility in the business. The BPM model is useful in cutting down costs and in improving the quality of the product and services. BPM is useful in almost every organization and helps in making the production process more and more efficient. Petes Dynatrix, being a differentiated and luxurious product has its customer segment but due to the recent downward trend in the market redesigning and organizational changes are in the process to uplift the sales and revenue of the company (www.quora.com 2016). The solution BPM provides to the enterprise, are essential, and substantial organizational changes are necessary to obtain efficiency in business and to gain the spot in the market. The considerations necessary are: A simple technique for process management is necessary so that efficient implementation is possible. Such a process will exhibit an increased impact, with decreased level of risk to the business. The process must cover all the aspects of the business problems and thus will be easier for the company to redesign itself. The goals and the objectives of the business need to be properly understood, and the significant results of the business management process require proper implementation to get the positive outcomes (Lau et al. 2016). The best possible way to improve the business process is to review the plans agreed upon and involve active members of the firm. The process of shifting from mouth to mouth communications marketing to a proper marketing strategy is an example of achieving new goals and objectives created by BPM). The review of the project needs to be implemented systematically to make sure that the process is according to the way expected. The methodology, technology, suppliers, marketing strategy, etc. are according to the goals of the business. This process involves both technical and business resources and thus proper delivery process; designing helps to improve the life cycle of the firm (Haddad Haddad et al. 2016). The behavioral changes are also an important aspect of BPM and the company changes from event driven to task driven process work ethics. The planning, training and reforms in the management chain are the keys to a successful use of BPM and change in the infrastructure of the company (www.cio.com 2016). The monitoring of tasks and work instructions will lead to significant ethical changes in the environment of the enterprise. Recommendations The implementation of process management helps in analyzing the critical issues and provides insight and advice to the company. Pete's Dynatrix Pty Ltd manufacturer of a niche product has been the dominator of the market for a long time but with the change in the mindset of the consumers, the need to change their policies was necessary. The neglect of Pete towards the company was a major factor towards the poor process management of the organization. The redesigning process will be helpful for the company update with the changes in the market. The model provides factual support to the company and gives valuable awareness to the current market condition and the challenge of active exertion (Mathiesen et al. 2013) A proper differentiation is created between the universal activity and the management of Petes Dynatrix Pty Ltd. The redesign process informs a way of thinking about the management process, which is helpful in developing a bonding among different departments of the organizati on establishing a common language and creating a sense of responsibility among the employees (Dub 2015). The reduction of miscellaneous expenses will also be helpful for the team during the implementation of the process. The BPM will be costly in the short run and but will become profitable in the long term, providing profit and reasonability to the organization. The development and implementation of the process will always be beneficial for the team giving them a head start and updated with the changing market environment, making the organization gain its previous market share (Kathpalia and Raman 2014). Conclusion: The company, Dynatrix has some real issues which have been identified in this report and probable solutions have been recommended. The organization should implement those strategies fast in order to survive in the market as things are getting worse. Pete should put these strategies into action to gain the lost market share as people have liked its products in the past. It has a unique product which has a lot of demand in the market but it might happen that with issues in delivery time frame the company might start losing out on consumers (Macedo de Morais et al. 2014). It needs to act fast in order to gain momentum again. References: Apmg-international.com. (2016).Business Relationship Management | APMG-International. [online] Available at: https://www.apmg-international.com/en/qualifications/BRMI/BRMI.aspx [Accessed 2 Sep. 2016]. Baumann, F., El Hussein, R. and Roller, D., 2015. State of the Art of BPM-Approach to Business Process Models and its Perspective.International Journal of Electronics Communication and Computer Engineering,6(6), p.649. Becker, J., Kugeler, M. and Rosemann, M. eds., 2013.Process management: a guide for the design of business processes. Springer Science Business Media. Boundless.com. (2016).GAP model. [online] Available at: https://www.boundless.com/marketing/textbooks/boundless-marketing-textbook/services-marketing-6/service-quality-51/the-gap-model-254-4140/ [Accessed 2 Sep. 2016]. BPM. (2016).BPM. [online] Available at: https://www.quora.com/What-problem-does-BPM-business-process-management-solve [Accessed 2 Sep. 2016]. Bpminstitute.org. (2016).BPM Strategy Deployment Best Practices | BPMInstitute.org. [online] Available at: https://www.bpminstitute.org/resources/articles/bpm-strategy-deployment-best-practices [Accessed 2 Sep. 2016]. Chang, J.F., 2016.Business process management systems: strategy and implementation. CRC Press. Crcpress.com. (2016).BPM. [online] Available at: https://www.crcpress.com/Strategy-and-Business-Process-Management-Techniques-for-Improving-Execution/Lehmann/p/book/9781439890233 [Accessed 2 Sep. 2016]. Dub, L., 2015. An Experimental Investigation of the Effect of Perceived Service Quality on Consumer Satisfaction with Service Encounters. InProceedings of the 1992 Academy of Marketing Science (AMS) Annual Conference(pp. 444-448). Springer International Publishing. Haddad, C.R., Ayala, D.H.F., Uriona Maldonado, M., Forcellini, F.A. and Lezana, .G.R., 2016. Process improvement for professionalizing non-profit organizations: BPM approach.Business Process Management Journal,22(3), pp.634-658. Kathpalia, L.S. and Raman, R., 2014. The road ahead for the Indian IT and ITES: Industry considering its service offerings, domestic market and technology Trends.Journal of Theoretical and Applied Information Technology,60(2). Lau, H., Nakandala, D., Samaranayake, P. and Shum, P.K., 2016. BPM for supporting customer relationship and profit decision.Business Process Management Journal,22(1), pp.231-255. Macedo de Morais, R., Kazan, S., Ins Dallavalle de Pdua, S. and Lucirton Costa, A., 2014. An analysis of BPM lifecycles: from a literature review to a framework proposal.Business Process Management Journal,20(3), pp.412-432. Mark Cooper, A. (2016).Business Process Management (BPM) Definition and Solutions. [online] CIO. Available at: https://www.cio.com/article/2439162/business-process-management/business-process-management--bpm--definition-and-solutions.htmlhttps://www.cio.com/article/2439162/business-process-management/business-process-management--bpm--definition-and-solutions.html [Accessed 2 Sep. 2016]. Mathiesen, Paul; Bandara, Wasana; Marjanovic, Olivera; and Delavari, Houra (2013) "A Critical Analysis of Business Process Management Education and Alignment with Industry Demand: An Australian Perspective,"Communications of the Association for Information Systems: Vol. 33, Article 27. Zellner, G., 2013. Towards a framework for identifying business process redesign patterns.Business Process Management Journal,19(4), pp.600-623.

The Great Society

The Great Society was a set of programs started by President Lyndon B. Johnson. They were initiated in the Congress and had goals of social reforms. The programs addressed medical care, education, transportation and urban problems.Advertising We will write a custom essay sample on The Great Society specifically for you for only $16.05 $11/page Learn More There had been elimination of some programs; some funds of other programs were reduced and others continued to be implemented (Weintraub 4). They included Medicare, education funding and Medicaid. Programs Civil Rights In 1964, there were urban riots caused by African-American due to racial discriminations. They had a Civil Rights Movement and one of the Great Society successes was putting the requests of the â€Å"civil rights movement† into law. In 1965, four Civil Rights Acts were enacted. Civil Rights Act of 1964 forbade discrimination of public accommodation and acquiring of jobs. The Voting Rights Act enabled African-Americans to vote and register. Civil Rights Act of 1965 forbade Housing discrimination and constitutionally protected Native Americans. The Immigration and Nationality Services Act of 1965 did away with â€Å"the national-origin quotas in immigration law† These acts are still in the U.S laws and are being enacted like The voting Rights Act, The Immigration and Nationality Services Act of 1965 since it is everybody right to vote. Some acts are not effective since some African-Americans today are still discriminated from jobs and acquiring of houses. War on Poverty There were antipoverty programs under Opportunity Act aimed at helping Native Americans who were poor (Moss 121). Raising incomes of the working poor was not the solution to fighting poverty, but to give job training, community development and education. Almost three billion U.S dollars were spent fighting poverty. The Great Society was successful in fighting poverty because youths benefit ed from the programs by developing marketable skills (Weintraub 8). They were able to get jobs due to the training and education they had acquired.Advertising Looking for essay on government? Let's see if we can help you! Get your first paper with 15% OFF Learn More Education The Great Society was successful because it established Secondary and Elementary Education Act in 1965. Children from poor families could not get an education due to lack of school fees but upon the introduction of Great Society’s aid, they were able to learn. It provided aid to public schools to purchase materials and to come up with education programs aimed for poor children. The Higher Education Facilities Act of 1963 gave college aid for a period of five years. It provided more college libraries, technical institutes and classrooms. The education program increased money given to U.S universities. It created scholarships and low-interest loans, and started Teacher Corps to give teachers in poor areas of U.S. These aids and initiatives are present even today. Health One of the Great Society successes was providing Medicare and Medicaid in 1965. There were no health care programs for the old. Under the Social Security Act, Medicare was authorized. It provided funding for medical costs of Americans who were old (Moss 15). It was specifically for Americans over the age of sixty five. Medicaid program gave medical care to all ages. This continues till present in hospital for those who cannot afford. Cultural Centers The Great Society started giving aid to arts facilities and national cultural so that they could complete their projects. It was successful in establishing cultural centers because it led to the establishment of John F. Kennedy Center for the Performing Arts for commemorating John F. Kennedy who was assassinated (Lyndon 15). There was expansion of art museum called Smithsonian Institution which was funded under great society. Currently it has modern arts. Tr ansportation The great Society led to a unification of transportation agencies to Department of Transportation in 1965. There was establishment of The Urban Mass Transportation Act which funded large-scale private or public rail projects with 375 U.S Dollars to States and Cities. This led to the creation of the Urban Mass Transit Administration now referred to as Federal Transit Administration. Consumer Protection Johnson elected Esther Peterson to be president assistant to look into the customer’s affairs in 1964. The Cigarette Labeling Act authorized every cigarette packet to have a warning label. The Fair Packaging and Labeling required products to have identifications of the manufacturer like address, servings etc.Advertising We will write a custom essay sample on The Great Society specifically for you for only $16.05 $11/page Learn More The Wholesome Meat Act required inspection of meat to meet the required standards (Lyndon 17). The Land Sa le Disclosure Act provided protection against fraudulent when buying land and the Radiation Safety Act provided standards for electronic products. Environment The Great Society aimed at conserving untouched resources. Johnson argued that nature must be protected against destruction. The great Society initiated several environmental laws which aimed at protecting water and air. They included Wilderness Act, Land and Water Conservation Act, National Environmental Policy Act etc. These acts are still in the U.S law but the programs have been eliminated. Conclusion Giving breakfast to children before classes was another program started by Great Society. These were free or low-cost meals. There were lunches as well. Although there were programs to fight poverty, some critics argue that Many Americans continue to live poorly, and there is still pollution despite environmental programs. These are minor failures in comparison with many achievements of the Great Society hence it was a succes s than a failure. Works Cited Johnson, Lyndon. My Hope for America. New York: Random House, 1964. Print. Moss, George Donelson. Moving On: The American People Since 1945. Fourth Ed. New Jersey: Pearson Education, 2010. Print Weintraub, Arlene. â€Å"Lyndon Johnson and the Great Society†. Newsweek 4 Mar.. 2002: 25. Print.Advertising Looking for essay on government? Let's see if we can help you! Get your first paper with 15% OFF Learn More This essay on The Great Society was written and submitted by user Cain Bradford 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.

Metaphysical - An IUF Essay Sample

'Metaphysical' - An IUF Essay SampleI've recently had the privilege of working with a school to create an essay sample that uses a metaphor related to metaphysics. To clarify, this is not a theoretical topic. This is a real example from an actual student's class in high school. As a result, I wanted to give you some details about how this essay was written and what the lessons learned were.The assignment started out by having the students to read and respond to an essay on the nature of science written by someone who cited author's authority for a point they were making. They then worked on creating a paper related to the point of the article. In this example, the students were asked to re-create a scientific study using metaphor to illustrate an observation that helped them to make a point they were trying to make. The final paper contained all of the material from the original paper except that they had added their own metaphor. In other words, it is the same exact lesson.First, th e students were to read the article they were working on. Then they were to take notes on the article in class and were then asked to take those notes and rewrite them in a new metaphor related to the article they were reading. The final result, which I highly recommend, was an essay that used a metaphor and included an introduction, a conclusion, a discussion, and a short paragraph that did not mention the original metaphor.The fact that students had to create their own metaphors was key in two ways. One, the point of the assignment was for students to use their own expertise and creative energy to create a new metaphor. Second, it allowed students to learn about metaphor. Metaphors are very important to learning about society. Even if you already know about your own area of expertise, you can still make valuable connections to other areas of knowledge.So the original article was a scientific study on metaphysics. It was about the relationship between science and metaphor. While re ading the article, a student who had read it before calling out that she didn't really understand what was going on.After reading the article again, she explained that she didn't understand the author's authority or meaning. She could have done better in class by remembering that there was a difference between inspiration and literal interpretation. The student read and wrote a passage that included a metaphorical reading of a theory that everyone could understand and then came back to her original metaphor to add her own contribution. This writer created a new metaphor that was associated with the original paper.Another student read and responded to an essay that she knew did not use the original article. She worked hard in class and included a large amount of new information. Her first paragraph, which I would like to call her Blue Poem, was a poem of insight, and her second paragraph was a poem of the tragic. Her final paragraph was an example of the last things you learn when yo u are born.This lesson is an example of metaphor being used to enhance lesson comprehension. This is a lesson that I encourage students to use as a component of their preparation for AP US History.

ECONOMICS Spring 2015 Exam 1 Essays - Economic Liberalism

ECONOMICS Spring 2015 Exam 1 Essays - Economic Liberalism ECONOMICS Spring 2015 Exam 1 Part A: Matching Write the correct letter for the statement on the line provided. 30 Points ____b__1.The study of how people use their scarce resources to satisfy their unlimited wants a.Private Property ___d___2.Limited productive resources to satisfy peoples unlimited wantsb.Economics ___g___3. A business that is chartered by a state and legally operates apart from the owner or owners who organize or run itc.Entrepreneur __i____4. 2 or more people agree to contribute resources to the business in return for a share of the profit d. Scarcity ___j___5. A firm owned and run by one person. May hire workers. e. Free Enterprise ___c___6.A profit seeker who develops a new product or process and assumes the risk of profit or loss.f.Opportunity Cost __f____7. The value of the best alternative passed up for the chosen item or activity g. Corporation ____e__8.Freedom of a private business to organize and operate for a profit, in a competitive system, without interference by the government beyond regulation necessary to protect public interest and keep the national economy in balance. h.Competition __h____9. The rivalry for customers among those companies or individuals who produce the same kinds of goods and services. i. Partnership __a___10. The fact that any person in the U.S. has right to own land, other means of production, or even ideas. j. Sole Proprietorship Part B: Multiple Choice 42 pts __a___1. Of the 3 Basic Economic questions, in question 1, they determine what gets produced: A.Buyers and producers C.Government B.BuyersD.Individuals __c___2. The value of the next best alternative that has to be given up when choices are made is called A.scarcity C.opportunity cost B.trade-offD.competition _b____3. Which is true of the free enterprise system? A.People have the freedom to take risks and earn profits. C.Competition is limited in most industries. B.There are few laws regulating how businesses should operate.D.State governments strictly regulate how much property a business may own. _a____4. In the circular flow of economic activity, the public A.receives money income like wages from governmentsC.Gives sales dollars to governments B.receives tax income from both the government and businessD.sell more goods to foreign countries than to the public. __a___5.The chart shown above represents the free enterprise system as it is practiced in the United States. Based on the chart and your knowledge of economics, select the choice that best completes this statement: In the circular flow of economic activity, business firms A.receive money from both governments and public households.C.receive no money from governments. B.receive money but no productive services from public households. D.receive no money from public households. __b___6.In the circular flow of economic activity, Governments receive A.Money payments of wages from businessC.Money payments of sales dollars from public B.Money payments of taxes from businessD.Money payments of interest from public _b____7. A major disadvantage of a corporation, a type of business organization, frequently has is difficulty A.raising large sums of money.C.paying for talented managers. B.making major decisions quickly.D.establishing business centers in other countries. __c___8. Burger King and McDonalds are an example of A.A MonopolyC.Competition B.ScarcityD.Private Property __d___9. In our economy, which service is generally provided only by the government and not the private sector? A.operating universitiesC.running hospitals B.building housesD.building highways _c___10.These are provided to citizens by federal, state, and local governments A.Private goods and servicesC.Public Goods and Services B.Private GoodsD.Private Transportation b____11.Which of the following is NOT a function of government in our society? A.Government uses tax revenue to provide public goods to its citizens.C.Government uses tax revenue to redistribute income to those in need. B.Government regulates supply and demand.D.Government uses fiscal policy to attempt to ensure economic stability. _b___12.Each day after school, Caroline practices soccer for 90 minutes to prepare for the upcoming team tryouts. She could spend this time watching movies with friends, but she's decided that practicing is more important. Watching movies with her friends is Caroline's A.income.C.favorite pastime. B.opportunity cost.D.investment in human capital. _d___13.One characteristic common to most entrepreneurs is a(n) A.advanced education.C.substantial inheritance. B.desire to work in a large established company.D.willingness to take risks. __a__14.Owning your own business by yourself and having unlimited liability likely illustrates what type of business organization? A.Sole ProprietorshipC.Corporation B.PartnershipD.Conglomerate Part C: Short Answers - Choose 2 of the following statements and answer them in at least 4 sentences for each. Be sure to label your choices. 8 pts each 1.Explain what we mean by Scarcity. What is Unlimited? What is Scarce? 2.Who is Adam Smith and what is the Invisible Hand Theory? 3.Explain Basic Question #3, Who gets what is produced? 1) Scarcity is the basic economic problem that arises because people have unlimited wants but resources are limited or scarce. Because of scarcity,

Views of Marx and J.S.Mills on Accumulation and Crises Essay

Views of Marx and J.S.Mills on Accumulation and Crises - Essay Example Karl Marx In his theory of surplus value, Marx asserts that the working class or the proletariat exchange their labour for wages with the capitalist class or the bourgeoisie. Unlike in slave and feudal societies where goods were produced for consumption, in capitalist economy, commodities are produced for exchange in the market with the value of exchange being money. Since labour is also exchanged for wages, it is also regarded as a commodity and social relations assume mysterious form of relationship between things concealed by a veil of money. The labourers are alienated from the means of production and produce goods for the capitalists which they in turn exchange to get a profit. However, if workers are productive, they produce more than they would have produced in a normal working day but all the profit realised goes to the capitalist as labourers receive only the normal wages. This is what Marx referred as surplus value of labour (Eatwell and Milgate 2011, p. 192). According to Marx, the surplus value in feudal societies is consumed while in capitalist societies, surplus value is reinvested to produce more surplus value. He referred to reinvestment of surplus value as accumulation of capital (Callinicos 2011). However, the motive for accumulation is not greed but a result of social mechanisms which result in competition between many capitals and a capital that does not reinvest itself is pushed out of the market. As observed by Eatwell and Milgate (2011, p. 195) capitalist production involves circuit of capital from money and commodity. The money is used to produce commodity which is then sold for money used to produce more items. However, difficulties may arise when converting commodity to money because money need not be turned immediately to commodity hence sale and purchases are separated. The seller can hoard money if the investment is not yielding enough profits hence breaking the cycle and therefore, the possibility of crisis is inevitable. In the cr isis theory, Marx asserted that the origin of crisis is the systemic elements of capitalism as a mode of production and basic social order (Callinicos, 2011). These factors include: full employment profit squeeze, underconsumption, and tendency of the rate of profit to fall. In feudal societies, a crisis occurs due to underconsumption but in capitalist societies, it is based on the law of tendency of the rate of profit to fall. As xxx observes the tendency of the rate of profit to fall is due to increased labour productivity which makes demands on the constant capital such as machinery or raw materials. As a result, amount of constant capital grows relative to variable capital leading to higher composition of organic capital and consequently low profit. The value of constant capital according to Marx does not depend on original cost of labour time but labour time for reproducing it hence it diminishes as labour productivity grows leading to low profit. In his study, Marx asserts tha t permanent crises does not exist as indicated by Smith and Malthus in their analysis that overproduction leads to permanent reduction in rate of profit. He believes that a crisis is a transitory stage of capital accumulation and therefore short-run effect. In the process of capital accumu

The Future of Cloud Computing Essay Example | Topics and Well Written Essays - 1250 words

The Future of Cloud Computing - Essay Example In this report a discussion will be presented using the concepts provided in the chapter and in the scholarly articles about the increased use and advancements in the computer technologies. This report will analyze all three forms of the discussion and present agreements and disagreements with the authors about the future of these topics. This will reflect an individual understanding about the topic on which an appropriately structured conclusion will be developed. CHAPTER SUMMARY The findings proposed in the chapter show that the use of IT and advancement in the computer technologies require that new methods evolve. For ensuring the safety of the data providing non physical spaces to the users for storing the data have led to such innovations. The developments in mobile computing segments, artificial intelligence and cloud computing are the examples of the developments in the IT industry. These facilities provide safe storage of the data online and make accessibility easier. Associa ted to these advancements are several advantages and disadvantages. The examples of such systems are Google cloud storage, Apple’s cloud, Microsoft’s cloud and other facilities like Dropbox and Amazon. There are four forms of the information clouds namely, 1. Global information/ Internet 2. External information cloud 3. Local information cloud 4. ... The main reasons why users prefer using the cloud facilities are archiving the data in backup, store application data, computing, sharing data and building apps and websites. SCHOLARLY ARTICLE 1: MODELING AND SIMULATION OF CLOUD COMPUTING SOLUTION FOR DISTRIBUTED SPACE DATA STORAGE AND ACCESS IN MOBILE COMMUNICATION NETWORKS Then high bandwidth radio telescopes generate large amounts of digitized data. The challenge associated with this is to provide the ease of access with highest efficiency of the data which is recorded. The main emphasis of the topic is to understand the storage and the retrieval of the space signals. This requires advancement in setting the core technologies and implementing it completely within the cloud computing paradigm. The article is a proposition which suggests cloud computing solutions. Within the distributed space it is required that the data stored can be accessed and at the same time it can become a part of the mobile communication networks. The modeli ng and the simulation results of the processes assist in developing an understanding that the proposed solutions perform satisfactorily in extracting the data from the specified space. The future of this process shows utter reliance on the cloud computing processes for data storage. Verification of the importance of the process and implementation of the process shows its importance in the future (Kurmis, Dzemydiene, Didziokas, & Trokss, 2013). The author of the paper is suggesting that the cloud computing process is acquiring popularity and the ease of access is providing in setting the methods which can enhance the usage. He further suggests the methods which can lead to advancements of the process. SCHOLARLY ARTICLE 2: HEAD IN THE

USA Consumer Law Essay Example | Topics and Well Written Essays - 2000 words

USA Consumer Law - Essay Example Casey became so upset and distracted owing to nightmares that lead to her job loss. She wants to move out of the house but her effort to sell it could not even fetch a half of what he had spent in its purchase. Casey obviously feels deceived and treated unfairly by the seller as the latter failed to disclose the happenings that had happened in the house prior to its painting and subsequent sale. However it is not clear whether the seller is in real estate business and the fact that his mother was brutally murdered in his house does not out rule this possibility. It is clear that at the time the transaction took place, the buyer intends to purchase the house for her household, family or personal purposes and not for resale. As such we will consider Casey (buyer) to be a consumer. Since this forms a consumer transaction, the buyer can initiate legal claims under deceptive trade practices under the Federal Trade Commission Act or the Uniform Deceptive Trade Practices Act that she was deceived by the seller. Casey in her legal claim that she was deceived by the seller, she can refer to the fact that the advertisement that she relied on was misleading and thus illegal. The advertisement described the house to have just been painted but upon the neighbor visited Caser, he informs her of what had happened in the same house and at this point we realize that it had been repainted so as to attract a new the buyer as opposed to the normal painting. The actual statement in the advertisement concerning the product’s (the house) quality and ingredients (painting) is fake. Also the advertisement described the house to be â€Å"a perfect house, in excellent condition.† The wording of this statement aims at guaranteeing the buyer of satisfaction and value for her money on acquiring the house. But the statement is deceptive since the seller has