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Differences Between Online Shopping And Onsite Shopping
Differences Between Online Shopping And Onsite Shopping
Online shopping is the process whereby one gets into the computer and searches for commodities in the internet. Onsite shopping is the other method of shopping where an individual physically undertakes the part of buying goods from the shops. There are several differences, which differentiate the online and onsite shopping.
The internet has provided one of the most powerful tools in terms of cost. Shopping on the internet has enabled more people to find whatever they are looking for without any cost implications. All one requires to do is look for the specifics online and then the details and price are displayed. The traditional shopping setup entailed an individual to move from one place to the other in order to find the commodity of their taste and preferences. This had its own disadvantages, which include wasting time, money and energy in the process.
Traditional shopping requires and individual to go to the shopping malls and purchase goods. In the process of doing this, one ought to carry the goods purchased physically. Most times, the goods bought may be heavy therefore becoming hard to carry manually. Online shopping does not require any physical carrying of goods. Once the goods have been purchased through the internet, they are transported to the final location that has been provided by the buyer. This makes it a lot more easier and less burdensome.
During online shopping, an individual has a wide range of products to choose from and one is not at liberty to see and touch until delivery. Some of these products may be defective in nature and the buyer may not be in a position to know. The traditional shopping process is good because the buyer can feel the product being bought and can be in a position to determine whether the goods are substandard or not.
Online shopping gives one the power of prior research especially when purchasing goods that have a lasting impression on someone like a house or vehicle. The internet provides the necessary information, which entails the positive and negative aspects of the commodity therefore the buyer has adequate information before venturing into purchasing. In most cases, when an individual partakes in onsite shopping, there is certain valuable information that might be omitted in the process thus purchasing something not worthy.
Although onsite shopping has its advantages, its shortcomings outweigh its benefits when compared to online shopping. Therefore, online shopping provides the suitable platform where people can buy goods at no implications of extra costs at all.
This is a summary of the four-weeks report on an internship visit to CICPA organization
Project Of Internship
Name
Institution
Course
Date
Introduction
This is a summary of the four-weeks report on an internship visit to CICPA organization. The report covers my visit for four weeks starting from 6th, October 2013 through 7th, November 2013. The report covers the duties I carried out, to whom and where and the reason for performing them .
Organization experience
The backbone of any organization is formed by the people it engages in the day to day of its key activities. People engaged in the day to day organizational activities need to be strategically placed so as create a coherent organizational culture that can propel an organization into the right path towards the quest for success and realization of the set goals and objectives. As such, the element of strategic and organizational human resource management (HRM) in an organization is multifaceted in CICPA organization. It encompasses the sound recruitment, training, allocation, motivation, and development of employees in a bid to achieve both the short and long term organizational goals and objectives. In extension, in CICPA organization, how an organization through its HRM department juggles these independent yet complimentary people management tasks greatly determines its overall success as none is more special than the others
Organization seriousness
Drawing from the notion that that organizations’ should endeavor to create strong employee foundations so as to guarantee a bright future, the structuring of the CICPA HR officer job specifications were a true reflection of CICPA’s future expansionist goals. In extension, this notion also played a key role in shaping the overall hiring process in CICPA which comprised a number procedures. Multiple testing instruments were used to test these multiple qualities, they included verbal and written interviews, psychometric tests, as well as team exercises were all employed. The multiple testing was meant to predict the future job performance of the individual candidates as they created almost similar job situations. For instance, the candidates were tested on their overall responsiveness, emotional stability, the ability to relate with strangers, how they made decisions on relatively sensitive and urgent issues, how they handled workplace stress, their overall assessment capabilities on workplace emergencies, as well as their ability to pick out constructive discussions with colleagues at workplace. Apart from providing the best opportunity to gauge what the candidates were capable of doing relative to what they said they could do, these several testing instruments also created friendly environments capable of enhancing maximum candidate interactions. Such friendly interactions enhanced the candidates’ opportunities for sharing knowledge, and reinforcing positive advancement of worthwhile skills and knowledge toward the achievement of key recruitment tasks. As a matter of fact, Armstrong (2003) opines that, employees tend to learn and shape their behaviors traits based on their immediate social environment.
Cooperation of staff and officials
There is high teamwork cooperation in CICPA organization. A significant factor in employees commitment to a particular job role in CICPA organization. In CICPA organization, organizational commitment can be resulted due to combined efforts of teamwork, which he termed it as the core factor for organizational performance. Teamwork is commonly recognized as the planning and distribution of responsibilities as well as power controlled by top managers and departmental supervisors. Teams are also perceived as quick respondents to demands of business trends and where there is also need of decision making in sharing direct information concerning employee commitment. It is through well-established team groups that ill result to organizational performance. Employers should be in a position to increase the employee commitment as well as motivation. This will lead to increased morale among the employees hence high organizational performance. Cooperation in teamwork also leads to higher productivity and committed organizational relationships among the employees. Firms that recognize employee commitment create a workplace that is committed to survive through difficult and challenging decisions.
It is through managerial power that the degree of participative decision making and employee commitment is achieved. In some organizations, participative decision making is viewed as a way of sharing power that is bestowed to the senior levels of management. In this case most of the workers and other middle level staff in CICPA organization are not invited to participate in any decision regarded to the company.
Computer skills
Majority of employees and am computer literate and proficient in use and application of Microsoft Office Word, Excel and Power point.
Teamwork
The aspect of individualism in any organization structure promotes recognition of the individual employee or group that is been involved in participative decision making. Employee commitment due to welfare activities will also focus on the CICPA organizational performance. The rate of employee retention is high in CICPA organization due to the activities of the welfare. A worker’s participation as an individual in the process of decision making should not be regarded as collective business to all other workers of the organization.
On the contrary, participative decision making and employee commitment emphasizes much on facilitation of employee retention in an organization. Employees participating in any decision making will be responsible for the results delivered by the outcome of the decisions whether positive or negative. This therefore in most organizations, leads to control of the groups to ensure that no individual employee comes up with his or her decisions without been approved by other members of the participating group.
There is also a participative decision making that involve direct face to face interaction between the supervisor and the subordinates. In this method, employees are said to have been involved in the process of decision making although a research by Witte in 1980, argued that employees who only got involved in this kind of decision making were only the ones who had adequate knowledge as well as advanced sources of information that their superiors could not possess. This indicates that majority employers provide employee commitment and decision making according to the employee performance. Employee individualism indicates indirect participation of organizational staff in decision making process. This is mainly through advisory committees and trade unions.
Implication of the study on your work/.
The study has indicated that high cooperation and collaboration among staff and employers in CICPA organization has led to its effectiveness.
differences between monopolistic competition and perfect competition
Economics
Name
Institution
Question 1
There are primarily two differences between monopolistic competition and perfect competition. In the case of the former, the number of firms involved in the competition is not infinite as would be the case in perfect competition, although the number may be quite large. Secondly, the product typically sold by each individual firm is slightly different to the others in the market (not homogenous), hence raising the possibility of advertising taking placer to highlight the slight differences in the product characteristics. A good example of a monopolistic competition is the hotel industry, where a majority of the players within the market do not really have control over the pricing and offer similar but slightly different products and services.
Question 2
Pricing strategies typically entail the use of strategies affecting pricing to compete; such as for instance lowering prices in order to maintain or improve market share. A good example is that of Starbucks during the economic downturn in 2009, whereby Starbucks reduced its prices on low end drinks such as lattes and coffee to compete with Dunkin Donuts and McDonald’s who had introduced cheaper low end drinks to take over some of Starbucks market share. This was then followed by an upward adjustment of the high end products. Non pricing strategies however include the strengthening of the brand, for instance in the case of Apple, whereby customers gladly pay more to belong to the Apple family.
Question 4
In economics, scarcity simply refers to the problem of unlimited human needs vis a vis limited resources. Considering that our resources are always limited when compared to our needs or wants, it is a must that one makes a choice over what to satisfy and what not to. In order to make an effective choice, one must carry out a cost benefit analysis, central to which is economics. A good grasp and utilization of economics makes such choices easier and cost effective to make. For instance, when choosing between traveling by rail or by road, where road costs $ 20 more but saves 30 minutes. One may choose road simply because the 30 minutes saved are worth more than 20 dollars.
Question 5
Shortage occurs when the quantity demanded exceeds the quantity supplied, while surplus occurs when the quantity supplied exceeds the quantity demanded. As such, when the consumers of a particular product exceed the number of products available (consumer surplus) a shortage is said to exist. On the other hand, when the products exceed the consumption, a surplus is said to exist. For example, when the food produces is less than what is consumed by the population, a shortage is said to occur, while when the food produced is more than can be consumed, it is said to be in surplus.
Question 6
Determinants of supply are usually number of sellers, cost of production, technology, future expectations and the pricing of a product. For instance, if a product is expected to rise in price in future, suppliers will opt to hoard the product and wait for the price to rise, hence reducing the amount in supply. Similarly, price and future expectations usually affect demand, in addition to other factors such as income, number of buyers and the price of complements and substitutes. Price is primarily affected by the demand and supply of the product.