The Business Model of Tata Group-Free-Samples-Myassignmenthelp

Question: Define the Concept of a Business Model. Explain what is involved when referring to the notion of an e-business archetype, business model as an activity system and a Business Model as a cost-revenue architecture. Answer: The Tata Group is an Indian Multinational conglomerate holding company established by Jamsetji Tata in the year 1868. The head office of Tata Group is in Mumbai, Maharashtra. It has gained global recognition after purchasing a number of international companies. The essay determines the innovative business model: E-business and IT, Strategy and Technology and innovation management. The Tata Business Excellence Model has been envisaged as a strategic direction to drive the business at Tata. The conglomerate aimed at developing the best global business process practice. The business process model developed by the group has an intrinsic dynamism to develop and keep in pace with the changing business performance structure. The primary objective of the Tata is to develop business excellence model in order to enhance value for all the stakeholders. This has helped in contributing to the marketplace success, maximization of business capacities. The group is adhered on delivering organizational and personal learning. The TBEM matrix is used as an important tool for gaining organizational self-assessment, awards and feedback. The business mode at Tata focus over improving business excellence practices, competencies and results by facilitating communication with a common language. The purpose is to gain excellence and sharing best practices amongst Tata companies (Invest ing in innovation, 2017). The business model serves as an operational tool for indulging and managing act, for giving guidance, and for recognizing learning opportunities. TBEMs foundation concepts are personified in the seven categories: i.e.: Leadership, Strategic planning, Customer focus, Measurement, analysis and knowledge management, Workforce focus, Operations focus and Business results(Rao,2012). The e-business model at Tata deals in various forms by coordinating in between the consumer and business. Tata is working internationally by forming alliance with the local organization. This is providing it with an effective business management feature. The overall purpose is to compete with the other business organizations by providing e-business solutions. TataCliq is an online shopping website by the business organization with a well-defined business architect. The purpose is to diversify in the market by providing consumers with the multifaceted functions (Tata Review, 2014). In cost-revenue architecture, the primary feature is to channelize the profits through overcoming market changes due to disrupt value positioning, new market strategies and ineffective marketing and sales strategies (Osterwalder Pigneur, 2010). Tata has diversified its business into various units where the primary focus is to compensate the loss occurred at one company with the other. In this way the group is able to meet up with the expectations of the stakeholders. Tata companies have a considerable business that includes Tata Steel, Tata Motors, Tata Consultancy Services, Tata Power, Tata Chemicals, Tata Global Beverages, Tata Teleservices, Titan, Tata Communications and Taj Group. By diversifying the business the organization has achieved effectiveness. The Tata group is responsible for gaining effectiveness in the business operations by recasting itself. They are planning to offer a next generation solution. They are in the forth way of diversification and redefining their position by developing model. The strategy is to grow and evolve for the new age in vertical direction by defining various categories. This is to meet the complexities taking place in the business environment (Johnson, Christensen Kagermann, 2008). The revenue for the company is due to the non-Tata clients account which accounts approximately: 55 percent of revenues. This is expected to go up to 70 percent in the coming years. TSMGs global focus is increasing as well creating well-defined opportunities. Overseas revenues currently account for about a fifth of the total. It is growing at a brisk pace. At present the organisation has a total portfolio of 500-plus actions with more than 100 clients broaden across the globe and different sectors. The Tata Group has adopted a three pronged strategy to encourage technology and innovation across the different sector. The three key drivers to gain a better result are an effective business communication and recognition of innovative across business sector, facilities ad initiatives and enabling continuous learning. This is done by collaborating with the international brands. The company has a wide business network and a vibrant leads over the world. This is providing the company in stimulating innovation and fostering collaboration at a large scale (Zott, Amit Massa, 2011). The group has a set of platform to provide international organization with innovative concepts and ideas. The group is investing in the academic and research project in order to create an innovative procedure. The major focus of the organization is to improve the experience of the individual through an effective concept (Chesbrough, 2007). The workforce needs to be aligned with the business environment in which the organization is working. The plan regarding the business development needs to be directly related with the growth and development in the new technology. What is actually developing in the business has a direct correlation with the business activities. TBEM provides with a wonderful platform to assess the team roles and utilize the business in most effective way. The latest practice of the company is to engage directly with the board and providing with a vital process in order to gain continuous innovation and progress. In the recent time, the business organization has developed an effective growth and development plan. By implying an innovative business model it is possible to match up with the expectations of the customers. The purpose of an organized business environment is to match up with the changing business model (Lindgardt et al 2009). The focus of the conglomerate is to focus over the changing business environment and to gain sustainable changes taking place in the business. The primary focus of Tata Group is to bring innovation in different investment they have done. In this way the business organization is able to gain a sustainable market place. In the changing business environment it is evident that the business is gaining growth in a better way. The group has already developed the best global business process practice. The business process model developed by the group has an intrinsic vitality to progress and keep in pace with the varying business environment (Lindgardt, Reeves, Stalk Deimler, 2009). These parameters allowed the business organization in dealing with the problems. Recently the world has seen changes in the way business is been done. The organisation's business model has been impacted by change taking place in surroundings. There is a consistent growth and changes in the organization. It is adapting the changes taking place in the business environment and making effectiveness in its operations. They are moreover diversifying business by expanding business internationally. In this way the brand is able to match up with the customers expectation. The growth in the sector is wide and Tata Group has a diversified market strategy providing with a direct focus (Johnson, 2010). To conclude, Tata is known across the world for its effective business strategy. The business model at Tata focus over improving business excellence practices, competencies and results by facilitating communication. This allows the business in meeting up the necessary changes taking place in the business world. Tata Business Excellence Model (TBEM) is the foundation for conducting organisational assessments. In addition, the criterion has three significant roles in intensifying competitiveness by improving organisational performance practices, capabilities, and results. This is helping the organization in meeting the targets and to aid communication and sharing best practices information among its subsidiaries. In order to serve as a operational tool for managing performance. Tata is continuously making organisational planning and prospects for learning. References Chesbrough, H. (2007). Business model innovation: it's not just about technology anymore. Strategy leadership, 35(6), 12-17. Chesbrough, H. (2010). Business model innovation: opportunities and barriers. Long range planning, 43(2), 354-363. Investing in innovation, (2017). (ONLINE). Retrieved from: https://www.tata.com/innovation/articlesinside/Investing-in-innovation (Accessed on: 26 August 2017) Johnson, M. W. (2010). Seizing the white space: Business model innovation for growth and renewal. Harvard Business Press. Johnson, M. W., Christensen, C. M., Kagermann, H. (2008). Reinventing your business model. Harvard business review, 86(12), 57-68. Lindgardt, Z., Reeves, M., Stalk, G., Deimler, M. S. (2009). Business model innovation. When the Game Gets Tough, Change the Game, The Boston Consulting Group, Boston, MA. Osterwalder, A., Pigneur, Y. (2010). Business model generation: a handbook for visionaries, game changers, and challengers. John Wiley Sons. Rao, N.(2012). The time to evolve is here. (ONLINE). Retrieved from: https://www.tata.in/article/inside/p4U2FxQ!$$$$!fOM=/TLYVr3YPkMU (Accessed on: 26 August 2017) Tata Review, (2014). (ONLINE). Retrieved from: https://www.tata.com/ebook/tata-review-july-2014/consolidated-tata-review-july-2014.pdf Accessed on: 26 August 2017) Zott, C., Amit, R., Massa, L. (2011). The business model: recent developments and future research. Journal of management, 37(4), 1019-1042.

The ABCs of the ACT

When you’re starting your ACT prep, sifting through test materials can be overwhelming. There’s a lot of information, both helpful and unhelpful, about the exam out there. So how do you know where to begin?In this post, we’ll take a look at ACT basics: from how to start your studies to what to do when you finish a section on test day. By getting a solid background on the A, B, Cs of the ACT, you’ll set yourself up for even greater success on the official exam!A: Address your weaknessesMore specifically, figure out what your weaknesses are and then address them. How? Start out by taking a practice test. Make sure you take it under test-like conditions: all in one go, with scheduled breaks, in a quiet environment (and no flipping back and forth between sections once time is up). After scoring the exam, spend a couple hoursthat’s right, a couple hours!going over your results. Don’t just look at your overall (composite) score or even your in-sect ion scores, though those are helpful. Instead, start keeping an â€Å"error log,† in which you write down the questions you got wrong, classifying the question types, then writing out the correct answer and how to get there. Most practice tests will have explanations to help you with this last part. Keep updating this error log throughout your ACT prepyou’ll be amazed at how far you come.B: Be preparedEven if you’re taking the exam tomorrow, there are a few things you can still do to help your score, and they all come down to preparation. Confronting the unknown on the official exam can not only increase any test anxiety, but it can also have a huge (and hugely negative) impact on your score. Here’s a quick rundown of ACT basics. Test Format: The ACT is a multiple-choice test, with an optional essay. Test Sections: The ACT is broken down into four or five sections (known as â€Å"tests†I know, it’s confusing), depending on whether you’re taking the Writing test. In order, these are: Test Timing: How long is the ACT? Again, it all depends on that essay. Without it, the ACT takes 2 hours and 55 minutes; with it, the exam takes 3 hours and 35 minutes. English Math Reading Science Writing (optional) C: Constantly evaluate your workThat goes for both your ACT prep and the work you do on the official exam. During your prep, the error log is a great place to start. Which question types do you consistently miss? Do you often make avoidable mistakes like dropping a negative sign when you shouldn’t have? Then, in the week leading up to test day, go over that error log and identify which patterns you can see in your most recent 2-3 tests. During the actual exam, make sure that you leave around five minutes at the end of each section to go back and double-check your work on those question types. At the end of the day, a little information goes a long way. On the other hand, a lot of information goes a lot farther! If your test date is fast approaching, this might mean retaking the ACT, but it’ll be worth it in the study time you’ll gain. The more time you have to prepare, practice, and evaluate your work, the better chance you’ll have of hitting that dream scoreand getting into your dream school.Studying for the SAT or ACT? Get 10% off ’s recommended test prep, Magoosh, with the promo code 10.

The Importance of Examining English Essay Samples

The Importance of Examining English Essay SamplesThere are many English essay samples that you can use in your own writing to help you determine what kind of essay that you want to write. There are many forms, some standard and some not so standard but the goal is to get to know what the exam will expect of you before writing your essay.The best thing to do is look at the type of essay that will be graded. This is very important because the forms that you see on the first day of school or the first semester will most likely not apply to your career or college. But it is good to know beforehand what the expectations are for your essay before you start writing it.Another thing to look at when you're looking at the English essay samples is whether or not they are for a full-length paper or an essay that only has one page. The full-length essay should have a thesis statement and conclusion and the essay sample should be something to go over. If it is a short essay, you may be able to fig ure out what the sample will be by simply looking at it.If you are writing a long essay, chances are you are going to need to spend a little more time on it to make sure that it is fully written. If you just take the first sample and try to apply it to your essay, you may find that the essay is a little disjointed. But if you read it carefully and understand how it was written, you can probably find a number of similar themes in that sample.When you begin your research and go over the different things that you see in the sample, you should then determine what the essay is about. Then you can use that information in your own essay and that will give you a starting point. It may also be possible to apply parts of the sample to other parts of your own essay if you figure out how it works.Another thing to do is to take a look at how the sentences are written and see if there are a few different things that you can change. Also think about how the sentences go together and see if there a re parts of the essay that don't match up. By making changes you can not only make the essay work better, but you can also add more depth to it.After you have looked at the English essay samples you've been given and made some notes on them, you can decide what you will do next. Take a little bit of time to study the forms and see if you can figure out what they are expecting you to do in your essay. If you can't, then the essay samples may not be right for you.With the help of the English essay samples that you have looked at you should be able to work it out. You may find that the forms that you were not expecting will give you clues about what you are supposed to do in your essay. But the best way to get it right is to do some extra research and try a few different approaches.

Strategic Analysis (SWOT and Five Forces) of Amazon Inc The WritePass Journal

Strategic Analysis (SWOT and Five Forces) of Amazon Inc 1.0 Introduction Strategic Analysis (SWOT and Five Forces) of Amazon Inc 1.0 Introduction2.0 Unique Market Position3.0 Micro environment analysis using Porter’s five forces.4.0 Amazon SWOT Analysis5.0 Strategic Direction6.0 Strategic position-Differentiation or cost leadership7.0Â  ConclusionReferences and BibliographyRelated 1.0 Introduction Amazon.com provides a wide catalogue of products and services to different consumer groups. Below is the detailed analysis of Amazon’s resources, capabilities, distinctiveness and networks. 2.0 Unique Market Position According to Motoko and Stone (2010) Amazon has the distinctive position of being the largest online book seller and e book seller in the United States. Its catalogue has a wide range of products and services for its customers (Amazon.com). It must be noted that this is not a unique offering if compared to its rivals like e-bay, Barnes and Noble, Waterstones and WH Smith. Its distinctiveness comes from two things: Unique position compared to rivals Success of Kindle e reader Amazon possesses a first mover advantage as it has access to vital resources plus ability to develop networks that is very difficult to replicate (Grant 2008). Amazon has a strong brand presence because of its continuous innovation and twenty month head start over its competition. Over a period of time it has acquired vital customer behaviour information, easy demand pattern forecasting and industry standards others have to compete with (Mellahi and Johnson 2000). An added advantage is psychological switching costs because of its early lead. Amazon’s wholesale model is another feature of its uniqueness. Due to this it is able to set consumer prices as Amazon makes wholesale purchases. Competition is suppressed and new entrants face a hard time because of its heavy discounted prices. The Kindle e reader has made a huge presence in the market because of its light weight and soothing continuous readability handling. According to Stross (2010) Kindle lets you do reading perfectly. However competing e readers are providing coloured screens and multitasking features too. A perceptual map highlighting Amazon’s Kindle is shown below: In this figure if we see Amazon’s kindle is placed in the third quadrant which is specialist and black and white screen. 3.0 Micro environment analysis using Porter’s five forces. This has already been discussed in the first question. However bargaining power of buyers and suppliers is not discussed. Bargaining Power of Buyers Bargaining power of buyers is really high as there are many ways to buy books and cd’s online provided the options of Barnes and Nobles website and Apple’s i tunes. But Amazon has a high customer loyalty as it attracts customers by offering low prices (Chaffey 2009). Bargaining Power of Suppliers Amazon has a very favourable relationship with publishers because of the wholesale model it uses allowing it to set the price for the consumer. Some time back when Amazon was not buying directly from main distributors. They wanted to sell the products below market price as Sony and Panasonic didn’t do direct selling. However Amazon had a unique position and advantage as it came up with its own distribution centres. 4.0 Amazon SWOT Analysis Major strength for Amazon is its first mover advantage, access to resources, capabilities, networks that allow them to suppress the competition. This strength feeds into its greater market share and bargaining power with its publishers plus a wholesale model lot leading to high sales volumes. Weakness of Amazon is its very little bricks and mortar presence in comparison to its competitors. Thus, buyer is not able to have a first-hand experience of the product until purchased (Bossman 2010). This can have an effect on the sales of Kindle online as buyers may have some concerns. The proprietary format followed for e books is also a weakness as there is a demand for more choice and scope from customers. Below is a diagrammatic representation of SWOT analysis. 5.0 Strategic Direction With regards to Amazon’s Kindle its strategic direction should be market penetration through more advertising and marketing programs and better price options. Market penetration leads to a high market share and profitability in an identified market (Jobber and Fahy 2006). Amazon can move into the empty quadrant in the figure 1 by providing a coloured screen. This product development approach will make it more competitive in the dynamic market. 6.0 Strategic position-Differentiation or cost leadership Amazon has its strategic position over Kindle by differentiating it and positioning it as a best for reading product in the market. If the market demands Amazon can move into the first quadrant of the perceptual map by conducting more research. This will manoeuvre Amazon in a position that is distinctive, advantageous and in line with consumer needs (Doyle and Stern 2006). Amazon’s market leading position offers resource capability for cost leadership which further complements its price leadership strategy. 7.0Â  Conclusion It is evident that Amazon occupies a unique position in the market. Amazon currently is focussing on being a market leader in providing a product that is best for reading although acknowledging the craze for colour screen and multipurpose features offered by competitors. Based on its strengths it can focus on market penetration with innovative products and add ons like colour screen plus multipurpose functions. Combining this with its price leading strategy will lead to more growth and profits. References and Bibliography Motoko R and Stone B., 2010. Amazon threatens publishers as Apple looms. The New York Times. Grant R., 2008. Contemporary strategy analysis, Blackwell publishing Mellahi, K and Johnson, M., 2000. Does it pay to be a first mover in ecommerce? The case of Amazon.com. Management Decision [online] Vol.38, Issue 7. , p445, 8p .Available through: Business source complete database. [Accessed 11 March 2011]. Stross R., 2010. The Specialist vs. the Multi-tasker. The New York Times Dave Chaffey. (2009). Amazon.com case study. Available: davechaffey.com/E-commerce-Internet-marketing-case-studies/Amazon-case-study.[ accessed 12th March 2011]. Bossman J., 2010b. Barnes and Noble planning big push to increase Nook sales. The New York Times Jobber D and Fahy J., 2006. Foundations of Marketing.2nd Edn McGraw-Hill, London. Doyle P and Stern P., 2006. Marketing Management and Strategy.4th Edn. Pearson Education ltd, Harlow

History of Western Art Essay Example | Topics and Well Written Essays - 1000 words

History of Western Art - Essay Example This piece was made in 1656, and exhibits some similarities to â€Å"The Arnolfini Marriage.† Velasquez uses refined technicalities, and combines them with profound representations, in order to create a court picture. The first similarity that can be made of these two works of art is in their content. They have human subjects as the main characters, but also incorporate dogs in them. The intended audience for both works is supposedly human. In Las Meninas, the mirror in the background reveals two people. They seem to be approaching Margarita (La Infanta), and her maids of honour. In Arnolfini Wedding, the portrait is a visual record of an event that takes place inside the confines of a palace. The audience in this case, is also reflected in the convex mirror placed on the wall behind Arnolfini and his bride. The three people reflected in the mirror are thought to be the audience to the event. In this portrait, there is a dog that is at the feet of the bride. The styles of the two portraits are also closely related. The body expressions used by the subjects are illustrative of the message being passed. In Las Meninas, the maid attending to Margarita is leaning towards her, indicating servitude. The other maid of honour behind Margarita is in a curtsy stance, to welcome the approaching party. The persons approaching this group as seen from the reflection in the mirror seem to be Margarita’s parents. In the Arnolfini Wedding, the bride has her hand in the palm of the groom. This is taken to be a symbol of her giving herself to him. The lighting in the portraits is from natural sources. In Las Meninas, light comes in through the door that appears to be close to an opening letting in sunlight. There also seems to be a light source towards the direction that margarita has turned her head. In Arnolfini Wedding, natural light come in through the open window. There are minimal facial expressions in both portraits. Natural colours are used in the portraits with various shades black and white featuring most in Las Meninas. In Arnolfini Wedding, blue, green and a deep shade of red break this monotony. The main context in both portraits appears to be family. In Las Meninas, there is Margarita who is being served by her maids of honour. From the mirror, her parents are seen seemingly approaching the group. This is why Margaritas head is tilted towards the direction that other subjects in the portrait are looking. The royal family in this case is present in the room. The setting represents how a child of the royal family is attended to. In Arnolfini Wedding, the first step to setting up a family is taking place. This wedding is performed in the privacy of a chamber, and is witnessed by very few people. Having become married, the couple can start their family, as the bride seems to be pregnant. The elegantly dressed persons in the portrait are symbolic of the royal families in the renaissance period. Part Two Humanism in art refers to a cul tural movement that was characteristic of 14th to 16th century art. The focus of works in this period was on humans. This is what set it apart from the earlier centuries that were dominated by Christianity. Humanism offered a different perspective to life. Humanism was a movement that praised humans for their achievements rather than owing it all to divine grace (Gardner, Kleiner and Mamiya). The subjects of painting in this period shifted from religious symbols, to humans and

Social Media on the Internet Essay Example | Topics and Well Written Essays - 1750 words

Social Media on the Internet - Essay Example One of the most notable features of social media is that it has grown exponentially across the world within a very short duration compared to other business and communication tools in human history. To illustrate this phenomenon, Lee (2010) points out that while it took 13 years for television to attract over 50 million viewers and 38 years for radio to attract about 50 million listeners, it took 4 years only for internet to attract 50 million participants. He further points out that it took social media platform, Facebook, one and a half years to attract the same number of participants. There has been raging debate on whether the availability and use of social media on the internet is useful to businesses in regard to providing them with new and different useful information. This paper will discuss how the availability and use of social media on the internet really provide businesses with new and different useful information. Historically, technology has been injected and adopted in to the society as well as the business world and it has often required that there be a radical shift in business and cultural processes and practices (Lincoln, 2009). Social media is one such kind of technology in the business world. Unlike other types of technologies, social media technology greatly reflects the social behavior of people. Social media is also unique in the sense that it allows anybody to produce media content and deliver it by interactive communication. Qualman (2010) notes that the available statistics show that social media has established itself as the media of choice around the world over the last 4 years, with over a quarter of the world population using one type of social media or another. The growth of social media has been so tremendous such that social media platforms such as YouTube, Facebook, and Twitter have grown rapidly and have gradually relegated other forms of advertising such as print advertisements, and threatened them with extinction (Nair, 2011 ). The popularity of the use of social media on the internet can be attributed to four reasons. To start with, users can get the latest information on virtually anything they want. Secondly, it satisfies the desires of the users of expressing themselves. Users are also able to see how individuals and groups that they are interested in are doing therefore getting more satisfaction. Finally, it helps people to escape from their day-to-day routine by providing alternative ways of using time (Lee, 2010). The fact that social media has experienced exponential growth over the years cannot be disputed. However, there has been debate on whether the availability and use of social media on the internet really provides businesses with new and different useful information. The response to this question has been two-fold: on one side, there are those who believe that it does provide businesses with new and different useful information, while on the other side there are those who believe that it does not (Nair, 2011). While the later side has its reasons for taking that position, there is a greater consensus among those engaged in this debate that, indeed, the availability and use of social media on the internet provides businesses with new and different useful information (Hinchcliffe et al., 2012). So, how does the use of social

Is metaphor necessary in technical writing Essay

Is metaphor necessary in technical writing - Essay Example This is because humans are trying to do everything they can to control nature. Man cannot put up with indifferences that nature provide thus he is trying to press nature through science to do according to his will. Science that is required to manipulate nature is too much high and requires a lot of resourcefulness. It is unfortunate that what people think of science is not science but practical science; people often confuse the thought of science and what science can do (Laibichler & Chew, 2003). The constituent part that can speed up this is by the build up of a huge and an incredible credible machine that can only be controlled and interpreted by the physicists alone. The major question is that whether people will be able and are willing to bear the cost of these machines and whether they are willing to leave nature on the hands of physicists. This is because physicists use mysterious and secretive language that can only be interpreted by them and they are only going to be part of the complications of nature. People hope that physicist can come up with advanced and more simplified formulae that will be able to solve the world’s differences. It is at this point that people hope for a final formula that will explain the trends of nature thus make people understand God thinking (Baake, 2003). Suggestions and ideas of this kind from a prominent person are deemed as foolish and misleading. This is because they mislead people to think that the world has a meaning. Such characters mislead people by suggesting that the world has meaning because there is progress in our daily activities. Progress helps people to get closer to something and finally to uncover knowledge, just like the mathematical formulae tries to get close to infinity but it has never gotten there. The world has no meaning because somebody or something would have emerged and asked why there is something instead of nothing (Banville, 2011). Things and situations are perceived