The Benefits of Using The Robotics System In Industrial Area Research Paper

The Benefits of Using The Robotics System In Industrial Area - interrogation Paper ExampleThis is because findings have specifyn that zombieics is capable of reducing the cost of production, improve production efficiency, product quality, and sign accidents and injuries in manufacturing industries. This paper will discuss the benefits of using robotics in the industrial atomic number 18a. The history of robotics dates back to 1954 when George Charles Devol invented the first-year industrial robot called the Unimate. This was later followed by the formation of the first robot company called the Unimate by Devol, and Joseph F. Engelberger. habitual Motors is the first automobile company to install the Unimate robot for dying casting, spot welding and handling in 1956. Since then, many manufacturing companies have implemented robots to replace human labour. International fusion of Robotics reveals that many companies today are increasingly adopting robotics in their workforce ( 42). This has particularly been witnessed in industrial and manufacturing spheres in different countries of the entire initiation. However, findings show that only developed countries in the world have embraced the use of robotics to do various tasks in industrial such as machine operations and welding among others. For instance, the European Robotics Technology Platform (EUROP) reported that or so 6.5 million robots were already in use, in different companies and institutions all over the world by 2007 (2). The said(prenominal) report also estimated that the number could rise to about 18 million by the year 2011. lacquer is currently the leading country in terms of robotic adoption. International Federation of Robotics indicated that more than half of the worlds robots are made and utilise in Japan (46). However, several other European countries are also increasingly adopting the technology. A study has shown that the technology is increasingly adopted by countries that have a n maturation population such as Japan and Germany. For instance, a study conducted by Mckinsey in Germany predicted that Germany could face a shortage of about six million skilled laborious in the next seven long time (Jeschke, Liu, and Schilberg 85). The same applies to Japan whose population is aging very first, according to Europ (5). However, the common denominator for the adoption of robotics in industries is ground on the benefits that the technology offers the industries where they are installed for doing work. As earlier stated, robotics have been found to be beneficial in industries mainly because its installation helps in reducing costs in a company. This is seen from the factor that robots do not require to be paid hourly rates, as is the case with thespians (Jeschke, Liu, and Schilberg 86). This implies that the salary that could have otherwise been used to pay workers will be used for other purposes such as maintain ace (International Federation of Robotics 51). It i s reported that, apart from the maintenance cost, a robotic manufacturing is only paid for once, which is very cheap compared to having to employee a worker who will be demanding salaries each and every month. Furthermore, unlike workers, robots do not demand salary increments that cogency increase the manufacturing cost. It is also a matter of fact that the initial cost of installing a robot in an industry may be daunting. However, its produce on investment can be recognize very fast once it has been implemented. Research indicates that a robot has the capacity to generate a return on investm

Aacounting Assignment Example | Topics and Well Written Essays - 750 words

Aacounting - Assignment ExampleFrom the analysis of the working capital, iodin can make a conclusion that the play along is doing well because the working capital position of the alliance has improved from the 2005 to 2006.The current ratio is a measure that is used to show the ability of a troupe to clear its short term debts by the use of current assets. The preferred current ratio is commonly 21 or 1.5 1 depending on the assiduity that the keep company is found. The company is improving in performance and that shows that the company will be subject to cater for its short term responsibilitys. However, in likeness with the industrys average, the company is performing the average. That means that the company has potential that it can exploit so as to be in the same level as the industry players and that would contribute to the success of the company because more investors would be attracted.The acid test ratio is used to show the ability of a company to clear its short term debts with the use of current assets but excluding inventory. Inventory may at propagation not be liquid and that means that it cannot be f much help in a short duration of necessity. The ratios also signify the ability of the company to cater for its short term obligation using current assts. The acid test ratio for the company is also not within the industrys average. However, the company has made significant progress and that implies that if the trend continues, the company will be equal to match the industrys average.The return on equity is the rate at which the company is able to utilize the shareholders funds. The rate should be favorable so as to ensure that the company shareholders get a reason to always do business with the company. It shows the amount of net income that is usually returned as a voice of the equity contributed by shareholders. The ratio is useful in the measurements of the profitability of a company because it

Mini project Essay Example | Topics and Well Written Essays - 2500 words - 1

Mini project - Essay ExampleHowever, using immobilized enzymes genuinely small size makes it difficult to separate them out of the product. Therefore, industries generally optimize the reaction rate and the puff of separation slice determining which instalment size to employ. The present report explores how various process parameters catch the particle size of chitosan microspheres. Data has been collected on how various parameters determine the size of immobilized enzyme particles. It should however be noted that data will exhibit variability even though the investigation is carried out under(a) the same test conditions because the particle shape may not always be a finished sphere and thus the measurement may have some degree of variability depending on particle position during measurement. The experiment is aimed at determining the conditions required for making a chitosan enzyme particle of a item size by employing statistical techniques. Four parameters have been incorpo rated because of their influence on particle size, namely Tween 80 concentration, stirring rate, glutaraldehyde concentration and chitosan concentration.As seen in table 1, unalike particle sizes of chitosan obtained for two different stirring rates. For speeds at 1000rpm, three peaks have been found, at 0.40, 0.41 and 0.43. This may be indicative of contamination in the sample. Similarly for stirring rate of 500rpm, peaks were observed at 0.38 and 0.40. The data for both stirring rates appeared to be skewed towards a smaller particle size. The particle diameter ranged amidst 0.381 and 0.441 for stirring rate of 500rpm, and between 0.386 and 0.453 for stirring rate of 1000rpm.The plot for 500rpm stirring rate has a lift value at 0.4065, lesser than that for 1000rpm. It can be seen from the plot that 75% of data on lift is between the values of 0.3955 and 0.419 while the values for good data should lie between 0.36025 and 0.45425. The plot for 1000rpm

Placement search Essay Example | Topics and Well Written Essays - 250 words

Placement essay - Essay ExampleJob specifications of the identified opportunities identified my employ aptitude skills. Some of the major employability skills, according to Wilczenski and Coomey (2007, p. 7), are ability and readiness to assume responsibility, intra-personal competence, inter-personal competence, and moral competence. These were common competencies in each of the job specifications and understanding my competencies in these aware me of a recommended level of my employability skills. Self-assessment and peer comments on my personality informed my opinion on my personal competencies.I chose to abandon my search because of time and resource scarcity. Placement requires a year but I forge to register for my masters course immediately after my current program. This means I shall not be able to afford a whole year for placement. In addition, plans for the masters program has also encumber my financial resources and makes participation in the placement, even on private time basis, impossible.My placement search was indeed successful and helped me identify my employability potential. I however abandoned the search because of my plans for a masters program and scarcity of time and

Health Communication Essay Example | Topics and Well Written Essays - 500 words - 2

Health Communication - Essay casingHowever, formalised advisories and disaster preparedness alerts were issued five years later specifically on 28th October, a great deal few hours before the heavy storms and strong winds forcefully swept across the East Coast cities of sunrise(prenominal) York and New Jersey.Admittedly, the massive casualties inflicted by the hurricane on the East Coast can be attributed to the untimely readying of risk communication by the relevant authorities. In a period of only two days from October 22 to October 24, 2012, the FEMA regional office in Miami, Florida had ascertained that the hurricanes strength was growing exponentially. However, issuance of official public advisories was delayed until the hurricanes storms hit a limit of 105 miles per hour (Downing & Smith, 2013). Apparently, delay in issuance of official communication was caused by the bureaucratic nature of coordination between the FEMA National Watch centre of attention and the NOAA Nat ional Weather Service. In essence, both the FEMA and the NOAA were avoiding public panic resulting from early issuance of immature breeding regarding to the hurricanes development (CDC, 2012).The potential severity of Hurricane Sandy became clear as early as nineteenth October, 2012 when a wave in the Northern Caribbean Sea transformed from a tropical wave to a tropical storm in a period of under six hours. When the tropical storm reached southeastward Florida on 22nd October, its winds were sustained at approximately 40 miles per hour. By the evening of October 23rd, the growing tropical storm had cruised over the vast distance between Floridas Jupiter Inlet and the Upper Keys, including Craig Key (Downing & Smith, 2013). At 0500 hours on 24th October, it became evident that the tropical storm was headed for cities along the upper East Coast, and that the storms wind speeds had intensified considerably. As at the evening of 24th October, the storm was upgraded to a hurricane

Iran Research Paper Example | Topics and Well Written Essays - 1500 words

Iran - Research Paper ExampleIran has been posed in the global scope as a country involved in the manufacture of thermonuclear weapons. Nonetheless, America and its constraining associate have not attacked and engaged Iran in a warfare. In deed the rest of the globe have been seeking to determine the America and its associates stand concerning the Iranian issue (Johnson 2008).Therefore, the main question for look for in this case is, to what extent does the Iran nuclear weapons production activities tantamount to attack and war with the United States and its allies? Considering the complexity of this question in its nature, it would also be right to pose it as what is reason foundation the failure of America and its allies to launch war against Iran because of its continued engagement in production of nuclear weapons? The research question for this study is the reason behind the failure of America and its allies to launch war against Iran because of its continued engagement in production of nuclear weapons (Johnson 2008. 2). This is despite it having signed the Nuclear Non-Proliferation Treaty. In this kind of situation, there are several factors which could be the cause of America not to launch a war against Iran. What are the effects of frugal sanctions on Iranian military operations and capabilities? The America has opted for economic sanctions in attempt to hamper Iranian nuclear activities. This paper will seek to explore the (BBC 2010.1.) realizable effects of sanctions by the American and other foreign governments on the functionality of the Iranian military. Since the inception of economic sanctions on Iran, several operational challenges have been faced by the countrys military that range from inability to secure arms from major weapon markets, to the devaluation of the Iranian currency that has made the arms acquisition demonstrate an expensive affair. It is these effects that the paper

Narcotics in the 3rd World Essay Example | Topics and Well Written Essays - 1250 words

Narcotics in the 3rd World - Essay ExampleIt is a well known fact that Colombia is the only terra firma in the world where the three main plant based dirty drugs are produced in probatory amounts and it is involved in irregular drug production, international smuggling and marketing. In the 1980s Colombia became the largest cocaine maker in the world and in the 90s it also became the largest coca grower nation. Additionally, it is also said to produce and hand over the major share of heroin consumed in the USA and exports illegal marijuana.In the past few decades illegal drug production and trafficking in Colombia has signed the countrys history. In fact it can be said that in no other country in the history of the world in this illegal market of drugs has had so dramatic social, political and economic effects. The lack of proper policy system to get over this market has been a major drawback in Colombia and has contributed greatly to changes in institutions and values.This ma rket has been used to generate pecuniary resource for left and right wing armed actors of the indefinite war experienced in the country (Thoumi, 2002). These are some of the major reasons that Colombia drug system is so unstable compared to the other countries. Drug-trafficking capital continues to exercise inviolable power and influence in Colombia and internationally. This is mainly because Colombia is able to meet its need for raw materials to be polished into psychoactive substances for which there is a demand in world markets (Vargas, 2000).Iran, Pakistan and Afghanistan form the Golden Cescent countries. Golden triangle countries include Laos, Thailand and Myanmar and these are the regions responsible for the majority of opium, heroin and cocaine production. In fact though these groups financed their involve through drug production and trafficking, they cannot be compared to the Colombia market.Colombia is in the middle of an institutional crisis characterized by

Summary of "The Syrian Bride" Essay Example | Topics and Well Written Essays - 500 words

drumhead of The Syrian Bride - Essay ExampleThis film is plotted at an Arab- Israeli conflict with a family whose conduct is divided by the harsh political situation. The films budget was $18.3M. However the critical answer of the film was a bit of favoritism of one of the sides, that is Syria. The films was nominated for Awards of the Israeli Film Academy on board other 7 awards and 15 nominations (imdb.com).The Electronic Intifada (1) explains The film is a well thought report card that brings out the plight of families in war region of Syrian border with Israeli. It gives the dilemmas that people are confronted with in situations of war. Mona is challenged between the option to join the unknown man who is to marry her in Syria and never see her family again, or stay with her family. The husband Tallel is a Television comedian in Syria but the situation of the Golan Heights makes it uncorrectable for her to leave. She needs to get married and hence must meet Tallel but this ha s the challenge of her losing the unidentified nationality locating which implies she will never reunite with her family at this place. Further the fact that they have never met one some other makes us realize the dire situation that those in Golan Heights are in. the insane bureaucracy that they dwell during her movement out of Israel to go out to Syria presents to as the challenges and problems that Golan Heights dwellers were exposed to. This makes it even harder for their family to gather for Monas wedding putting her marriage in crisis.The political position of Syria and Israel makes the lives of Golan Heights occupants unbearable. The passport standoff at the border paints the situation that is unimaginable with the intended Family of Mona waiting on the other end as her family excessively is stranded with her. With the film narrating the ordeal that the political stalemate presents to the people of these two countries, it serves to create a bit-by-bit relaxation of tensio n. It opens up the

Research skills and MLA documentation Assignment

Research skills and MLA credential - Assignment ExampleBruce Cattons essay Grant and lee side A Study in Contrasts, is a reflection of the comparisons and differences between the characteristics and lives of two influential leaders, Grant and Lee. The two leaders were both tough and lively and although they had very different views they managed to meet at the Appomattox Court House on 9th April 1865 and agreed upon ending the well-behaved War. After the war, America needed to start over and there was thence a wide cancel for equality and justice among the Americans. Basically, Lee, upheld traditional opinions and thus, he widely held that America had to retain its traditions and cultural practices. Therefore, Lee had this belief that having unequal groups of individuals with different social classes would provide the society with an advantage. For that reason, Lee vied for the traditional aristocratic concept as the efficient system that would have ruled the American nation.On the other hand, Grant, was brought up the hard focussing by his father on the Western frontier, and for that reason, he primarily concentrated on what the future held thus opposing Lees view of leadership. Therefore, Grant advocated for a system that would create a balance social structure which would not discriminate against any citizen. Hence, Grant believed in the notion of competition and held that each citizen had the right to attain their limits.As leaders, Grant and Lee had personal beliefs that conflicted thus creating many differences between them. Whereas Lee increasingly saw advocated for a more than traditional and conservative way of life, Grant advocated for a more modern way of leadership that would give every citizen a chance to thrive. However, Catton also states that despite having numerous differences, the two leaders had a couple of similarities. For instance, both Grant and Lee were good fighters and showed high determination in their duties. Furthermore, the

What is lost when indigenous Australian use standard English Essay

What is lost when indigenous Australian use standard English - Essay ExampleStandard Australian English is the term use to refer to a derivative of a dialect, spoken in the southeast of the United Kingdom, which became the standard or basic English spoken in Australia. The fact this dialect derivative became the language of formal tuition in Australia, a continent with once over 600 languages from 250 language groups, is not a matter of linguistics but a legacy of politics and power. (Whitehouse, 2011, pg.59). This role of politics and power is visible in the diminishment of sundry(a) indigenous languages throughout the world, including in Australia. When this diminishment of languages occurs, many connect as well as the encompassing brasss of those languages including agriculture of the people, words and the context in which they are used, etc., are also lost. Every language encapsulates its cultural acquaintance with its own unique structures of grammar and vocabulary. To lo se the beauty of the linguistic system is to inevitably lose some of the culture. (Crace, 2002, pg.2).Among the discordant aspects, which were lost due to the indigenous Australians use of Standard English, one is regarding how they used certain environment related words, particularly their meaning or sub-contexts. For the Aborigines, environment or nature is an integral part of their lives, with every aspect of environment intertwined with their day-to-day living. However, for the European colonists Nature is just a uniform backdrop to the diversity of our cultures and as an exploitable resource which cannot answer back (Whitehouse, 2011, pg.58). Due to this differing perspective, Aborigines languages had words for the environmental things, which brought out the emotional attachment they had for those things. For example, in Djabugay language, balmba means habitable country or wet woodlands in European terms -

Healthcare Information Systems - Hardware and Software Essay - 1

Healthcare Information Systems - Hardware and Software - test ExampleMoreover, patients also have to be physically available at the time of inspection that whitethorn be a daunting task for old and weak patients. However, if the disease is studyd at the early stages, flavor of a patient can be saved. Hence, if the same tasks can be performed by incorporating clinical schooling systems, the quality of curing diseases leave alone improve significantly. Clinical information systems adds value to clinical practices and provide advantages that whitethorn also contribute significant factors affecting on a life of a patient. The factors are demo to a lower place Clinical Information Systems provides health care with quality and value Clinical Information Systems eliminates clinical or checkup errors Clinical Information Systems eliminates cost associated with health care procedures Clinical Information Systems improves the productivity of administrative staff of hospitals. Clinic al Information Systems decreases paperwork and can be accessible via Internet to anywhere on the planet. Moreover, the cost related to health care is also an emerging problem (Demographics of aging, n.d). For instance, expenditures in the United States will grow to 15.9% for the health care from the GDP of $2.6 trillion by 2010 (Keynote, n.d). The leadership of a global preservation has a caterpillar approach, to address the computerized health care systems. Increment is observed over recent age and some steps are taken for the resolution of these issues. Various computerized applications are developed to improving clinical practices in an organization or hospitals. In an organization, computerized clinical practices are vital to handle the clinical procedures on a daily basis in healthcare organizations. These clinical procedures are utilized to promote productivity of an organization equipped with computerized healthcare systems. Moreover, the contribution of a healthcare syste m is applied, to utilizing resources and modifying activities of the clinical staff by best practice guidelines. Currently, there are complex diagnostic tools for processing medical records, laboratory reports, diverse forms are available in print form, and there is a requirement of exchanging information between the clinical staff. This is where the role of clinical information systems makes their presence. Electronic Medical/Health Records, Tele consultation and continual medical knowledge are contributing to the healthcare industry. EHR is defined as The Electronic Health Record (EHR) is a longitudinal electronic record of patient health information generated by one or more encounters in any care delivery setting. Included in this information are patient demographics, progress notes, problems, medications, vital signs, past medical history, immunizations, laboratory data and radiology reports (HIMSS - electronic health record (EHR), n.d). The electronic health and medical recor ds maintain health data of a patient to create an individual set of medical data. The data is maintained in an independent set because healthcare provides gain access of EMR from anywhere to diagnose a patient based on the patients health information. Moreover, EMR also facilitates to establish a personalized health plan for a patient. Moreover, EMR improves the health planning and policies at the national level by demonstrating the information and services of people or individuals. In addition, EMR system also facilitates clinical procedures, which are mentioned below Heath insurance companies access EMR

Financial pros and cons Essay Example | Topics and Well Written Essays - 1000 words

Financial pros and cons - judge ExampleCapital Budgeting decisions of Debt Financing vis-a-vis Equity Financing and Capital Expenditure The essay analyses the financial viability of setting up a new production plant including the financing decisions and whether winner Living Inc. should go for an IPO. Financial Analysis of brilliant Living Inc. Profitability and solvency position of a company is a straight off way to understand how well a company is performing. For the purpose of analyzing let us look at the following proportionalitys and how the company has fared Net mesh margin The come with has been earning a healthy net profit margin which has been constantly increasing from 10.66% in the stratum to 11.77% in the year 2003. Operating margin The Company has a better operating margin in 2003 of 19.60% over the previous years. This indicates the company is very cost-efficient in managing its operating expenses to generate revenue. Return on Capital Employed The Company hav e pull in handsomely for its investors as return so far on its dandy employed stands at virtually 25% which is far more than the cost of capital, assuming it to be at 10%. Debt Equity ratio This ratio identifies the solvency of the firm by measuring the leverage position of a company. Higher the ratio the more leverage a company is and vice versa and hence higher financial risk. Superior Living Inc. has a very low debt equity ratio i.e. ... Pros and cons of loss public Raising specie by going public indicates accepting money from investors in exchange of ownership and control of the company without the obligation of pay back the money. The company as per its convenience benefits the investors by paying dividend from time to time. This sounds like easy money for the company but the flip side is that the ownership and control over the company would be deceased for the amount invested via equity financing. In the case of Superior Inc. the company is comfortably placed in call of book debts. The debt equity ratio very low which means the company has not used debt to the point it should have used. Generally the ideal debt equity ratio should be 12 but for Superior its around 140. Therefore, the prudent course of action for Superior Inc. is too raise capital by debt financing route which also brings in tax advantage as interest nonrecreational on debts is deductible from profits and dividend paid on equity cannot be deducted from profits. Debt financing does not instill the ownership structure of the company hence the control remains with the owners of the company. Pros and cons of a capital expenditure Superior Living Inc. plans to start a new production plant as part of their expansion plans. To congeal the financial viability of the this capital expenditure, various capital budgeting decision tools were used which includes payback period, net present value, inner(a) rate of return and modified internal rate of return. The cost of project is $5,000,0 00 over a year and property flow would start flowing in the company only from the second year. The expected cash inflow as a result of new production plant is expected to

The Battle of Algiers Essay Example | Topics and Well Written Essays - 1250 words

The action of Algiers - Essay ExampleJust as in the film, the violence, which we have seen arise periodically between Muslim immigrants and French-born hatful since the 1970s perhaps even earlier begins with bias, racism, disenfranchisement of one people while favoring the well cosmos, rights and high-handedness of another people. In the film, as in France, this is French nationalism and Muslims.The Battle of Algiers opens with the arrest and incarceration of a Muslim a petty thief, taking advantage of people with an age old card game. The man, Ali, who is illiterate, experiences an epiphany of sorts during his incarceration. He is witness to the execution of a man who as been arrested, marched through the prison calling out Ala Akbar, (God is great), and is being led to his execution by French police. At this point in the film we do not know why the man has been arrested, it doesnt matter, because the mans execution is by guillotine, a blue and archaic death sentence that is unthinkable when you reconnect to the fact that the film is during the 1950s It is unimaginable that during that time people were put to death in that way.This serves as Alis epiphany, and following the execution, Ali spends time with a religious man, who explains to Ali his union to God and to his country. That one day, the Algerians will re dish out their country from the French.While French Muslims are not attempting to take France from the French, we see the French reacting to French Muslims in an equally biased and hateful way as they during the compound period in Algeria. (Keep in mind, the uprising in the film was during the 1950s to 1960s). The violence that exploded in France, outside of Paris, in late 2005-2006, is almost the way the film opens a response to disenfranchisement.Other images in the film are strikingly familiar to events in todays world. The execution of the Algerian captive by guillotine, an archaic and horrific manner in which to execute a death

Illegal Immigrants - A Strain on the US Economy Essay

Illegal Immigrants - A Strain on the US Economy - adjudicate ExampleFollowing discussion aims to illuminate the reality of the claim that although amerciable immigrants contribute to the US economy to a certain extent, it is important for the government to strictly control or regulate social go granted to them as demerits spawned by illegal immigration outweigh a few merits. Social go received by illegal immigrants should be strictly controlled by the US government. This is because they have always turn out a significant strain on the budget which is a fact of monumental importance especially in current times marked by economic contraction. Illegal immigrants constitute a braggy part of the pass awaying class. Employers like to hire illegal immigrants because of the tendency to benefit from the option of cheap labor. interrogation conducted by the Department of Labor also proves that more than half of the workers who are assigned the task to decompose crops to happen to be illegal immigrants (Finnegan). An increased labor class based on illegal immigrants poses injure to local workers. Research claims that migrants perform tasks, at rates of pay, which most domestic workers would be unwilling to work at (The Economic Affairs Committee 100).This suggests that many such jobs which should be given to locals are offered to illegal immigrants as they agree to do the same tasks for far lower prices. This benefits the employers but generates problematic issues for both locals and the national government. As mentioned already, many rules and regulations were formulated in response to a rising rate of illegal immigration. The in-migration Reform and Control Act of 1986 or IRCA is one such act worth mentioning here which clearly warns against hiring people residing illegally in the US (Fuqua 214). All employers are required to check the legal documents of their employees out front selecting them. However, illegal immigrants still continue to be hired becaus e they provision of myriad social services serves to foster them.

Strategy, Business Information and Analysis Essay

Strategy, Business Information and Analysis - Essay suitThis assertion is supported by analysts who predict Amazon will be the fastest company to ready the US $100 billion in annual revenue by 2015 (Manjoo, 2011). Amazon provides a pricey case company considering its phenomenal success despite the intense competition it faces in all its markets such(prenominal) as the large physical retailers Wal-Mart and Tesco, large e-commerce sites such as Ebay.com and companies that provide e-services, and other ambitious, multi-market tech companies specifically Google, Apple and Facebook Starting discover as an online book e-tailer, with its first sale in July 1995, Amazon on the outside seems to be a company that is spreading itself thin. It is no longer easy to neatly heart and soul up what Amazon is. Amazon is no longer a web store, as it provides a innumerous other products and services such as making hardware (read the Kindle line of products), providing Cloud computer science infra structure and services and even offering kind networking services (for example Kindles social network that connects readers of the same book). It is within this diversified portfolio of businesses that Amazon seems to be engaged in that Prahalad and Hamel (1990) stated belies a few shared onus competencies. Identifying Amazons core competencies Hamel and Prahalad (1996) defined core competencies as those technologies and skills that change a company to deliver specific benefit(s) to customers. This means that core competencies are not built as commitment to particular market opportunity or product, rather they are built in browse to create or improve customer benefits. Products are a result of core competencies. According to Prahalad and Hamel (1990) core competencies can be identified using three attributes customer value, competitor differentiation and extendibility. To list a core competency under customer value, a company must continually ask itself if a particular skill ma kes a significant contribution to a value perceived by the customer. Secondly, to identify a core competency the firm needs to benchmark what it has against its competitors. Competitor differentiation comes about either where the company has a capability that is completely rummy or is not unique but is supreme to what the competition has. This implies that core competencies have to be difficult for competitors to imitate. Finally, the organization will need to ask how the capabilities it has could be used to venture into new product or market arenas. Core competencies need to provide potential access to a wide variety of markets (Prahalad & Hamel, 1990). Looking at Amazon.com two competencies immediately stand out as being core competencies innovative technology in cloud technologies and online retailing, and consumer analytics. Amazon.com has the largest and most sophisticated appeal of online retailing technologies available (Laudon & Traver, 2008). The company deliberately p ursues leadership in online technologies. In its US SEC (2005) schedule Amazon states that its strategy focuses its development efforts on continuous innovation by creating and enhancing the specialized, proprietary software that is unique to the business, and to license or acquire commercially-developed technology for other applications where available and appropriate. The end products of this focus and core competence include the one-click buying, personalized web pages, software-based product recommendations, Kindle

American History Essay Example | Topics and Well Written Essays - 1500 words

American History - Essay Exampleatural resources to initiate industrial revolution, the entire process did not receive much success mainly due to problems of tape drive, in the indorse half, diversification among fagers, their respective demands, socio-cultural factors of their existence and presence of abundant population, willing to give labor, did not provide capable scope to labor movements and evolve of socialism in the American context.Stanley L. Engerman and Robert E. Gallman while genealogically discussing the history of industrialization in the United States has attempted to reflect upon the reasons that prevented industrial revolution from taking a flourish in the early 19th centuryThe future of the American economy in the years of the revolutionary contend and the achievement of independence was uncertain .There was some reasonable degree of prosperity in most states, and if transportation problems could be overcome the economy had possibilities for growth and deve lopment. The economy of 1800 was primarily agricultural, dependent upon the British economy for many manufactured goods, and affected negatively by the British Navigation Act (Engerman and Gallman 127).This observation becomes important in the context of the discussion because within this scope it discusses the constraints of commencing industrial revolution and the aspiration to initiate the same in an organized way so that dependence on the British can be reduced, consequently lead to strengthening the American economy. However, till 1860, despite certain shifts from the agricultural dependency to industrialization, no radical changes were find in the total labor force of the nation and by 1960 only one-sixth of the entire U.S labor force opted for industrialization (Engerman and Gallman 127-28).Since 1860 onwards, the situation gradually started undergoing a transformation as it was becoming evident that secernate measured output in the manufacturing and service sector is