Saturday, April 25, 2020

What Is Disruptive Idea Essay Writing?

What Is Disruptive Idea Essay Writing?Having a good idea in mind helps you for having a good idea on what is disruptive idea essay writing. A good idea is what enables you to find out what are the things that need to be done. By knowing the disruption to a solution, you are able to find out what you have to do.If you have your solution ready but still cannot bring it into practice, then it might be because you are lacking something in your life. For example, if you have a non-existent income, then you would be unable to start up a business. This is because when there is no income coming in, there is no money to pay bills or to buy the necessary goods. So you need to have a plan for yourself and that is where a disruptive idea is needed.A disruptive idea can come in several forms. You can use it in your own study or at school, in order to start studying a certain subject. For example, if you are thinking of taking a certain career path in your life, then you might want to think about what will be the consequence to your current career if you do not have the money to pay for it.However, if you want to know what to do next, you need to make sure that you have a solution that will work for you. To do this, you can consult a professional or maybe even a peer. For example, if you are having a bad relationship with your spouse, then you could consult a marriage counselor who would be able to suggest a way to rekindle the relationship or even to adopt new ideas.Moreover, if you want to know what is disruptive idea essay writing, you need to keep in mind that many of the disruptions we face have happened because of our own choice. For example, if you are bored with your life, then you need to figure out how to spice it up. After all, nobody can stop you from making yourself happy.However, before you get the idea for disruptive idea essay writing, you need to make sure that you have everything ready. With a great idea in mind, you should have all the knowledge and skills necessary to begin. And, if you do not, then it might be a good idea to ask for help from a professional.Once you have everything ready, you should be ready to think of a solution that will work for you. A good idea is a great tool that can save you from disruptions that could cost you time and money. With just a little bit of research, you can find what you need to do in order to think of a solution.

Sample Paragraph Essay on Odysseus

Sample Paragraph Essay on OdysseusSample paragraph essay on Odysseus is one of the most rewarding subjects to write a study on, because it not only discusses life of one particular man, but also teaches the student a lot. In this article I will briefly discuss on Sample paragraph essay on Odysseus.As you probably know, term on whom I would advise the student to write a paper on, is the term on which he/she would use when dealing with this subject. At the same time, for anyone who is now learning the English language, it is not enough just to have the right sentence structure, but also to comprehend the meaning of the whole study. In the same manner, writing a brief paragraph essay on Odysseus is quite vital, because most students have very poor comprehension skills in this subject. Therefore, they are also unable to convey their thoughts to other people.I think that if you fail to write an essay on the subject of the greatest figure in ancient history, then you will certainly fail to pass out of your University. You must always remember that not only do you not have the mastery over the English language, but you might not even be aware of it. In addition, having weak skill and concentration levels are not a good combination, so if you have poor skills and concentration, you will surely fail to pass your essay.Hence, an essay on this subject should not only be a written story, but should also be a logical writing, because if you simply concentrate on the language, the entire process will be very complicated and troublesome. You must be aware that the techniques used in writing an essay can be easily acquired by simply reading some modern English books or textbooks. But still, the quality of a writer is essential, and while you should be aware of the aspects such as style, sentence structure, grammar, proper usage of punctuation marks, etc., you must also be able to find a better way to express your ideas. I must say that this area is not as easy as it seems, esp ecially in the subject of sample paragraph essay on Odysseus.It is because the entire idea of expressing an idea of which you have knowledge is of course related to the nature of the particular person, and the situation which he/she had been in. Thus, when you are writing the first paragraph, the real story of the whole world and the individual who was involved in it, needs to be conveyed to your reader, but at the same time, in a very good way. You must therefore start by creating a rough draft on what your main points of your essay will be.This can easily be done by just looking up the main points of the study and do a recap on it. If you think that your story is too long and you want to add some information on it, try to write a short paragraph on a couple of things to conclude the whole story. In the same manner, if you feel that your essay does not quite fit into the statement of facts, start looking for a few extra facts to increase the interest level in your reading.The above paragraphs represent just a few tips that I personally recommend for people, who would like to write a whole research project on the history of ancient Greece. Sample paragraph essay on Odysseus is certainly a great topic to study and certainly provides you with more than you expected from it.

Thursday, March 26, 2020

Take Home Questions Essay Research Paper Sociology free essay sample

Take Home Questions Essay, Research Paper Sociology 103 Take Home Questions 1.Ethnic stratification is a rank order of groups, each made up of people with presumed common cultural or physical features interacting in forms of laterality and subordination. To get down with, all systems of cultural stratification are merchandises of the contact of antecedently separated groups. Initial contact may be in the signifier of conquering, appropriation, voluntary in-migration, or nonvoluntary in-migration. Following contact, groups engage in competition, position one another ethnocentrically, and, finally, one imposes its superior power over the others, emerging as the dominant group. Cultural stratification systems are created by the motion of people across national boundaries, normally conveying with them different linguistic communications and cultural systems, or by the constitution of new political boundaries. Multiethnic societies are formed through one or a combination of several contact forms. The first factor critical to the outgrowth of cultural stratification or inequality is Conquest. We will write a custom essay sample on Take Home Questions Essay Research Paper Sociology or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Conquest is a signifier of contact in which people of one society repress all or portion of another society and take on the function of the dominant group. European colonialism of the eighteenth and 19th centuries best exemplifies this form. The following factor to the outgrowth of cultural stratification is Annexation. It is a political happening in which a portion or perchance all of one society is incorporated into another. If a collected society has a dominant group, so the cultural groups within that society go subsidiary at the point that sovereignty is transferred. Such appropriation may happen in a peaceful or a violent mode. Following appropriation, the most common forms by which cultural groups come into contact involve in-migration. The in-migration of peoples from one society to another may be either voluntary or nonvoluntary. The head beginning of cultural heterogeneousness in the United States, Canada, Australia, and New Zealand has been voluntary in-migration. The main aim of people who emigrate from their place society is normally economic improvement though sometimes political or spiritual considerations play an of import function. Demographers who study migration forms refer to factors of? push and draw? that motivate people to go forth their original society and migrate to one that promises improved conditions of life. The? pull? happens in times of economic adversity, people will be encouraged to emigrate if they perceive more favourable economic chances in another society. Depressed economic conditions, affecting minimum occupation chances and low rewards, along with a low outlook of improvement of such conditions, represent the? push? . Extra push factors were the addition in evictions by landlords and the unlikeliness of any major political alterations that would hold improved the economic state of affairs. On the pull side, the most appealing societies were those in demand of unskilled labour, like the United States and Canada, which were so in the primary phases of industrialisation. Finally, Involuntary in-migration involves the forced transportation of peoples from one society to another. Such forced motions are best exemplified by the slave trade of the seventeenth, eighteenth, and 19th centuries, which brought 1000000s of inkinesss from Africa to work the cotton and sugar plantations of the United States, Brazil, and the West Indies. Lieberson? s theory is that the nature by which diverse ethnic groups ab initio run into has been shown to be a critical factor in explicating the outgrowth of cultural inequality and the particular patterns it later takes. He distinguishes two major types of contact state of affairss. The first type, migratory hypernymy, is illustrated by assorted colonial conquerings in which a technologically and organizationally more powerful migratory group subdues the native population. The 2nd, autochthonal hypernymy, is characteristic of most voluntary and nonvoluntary in-migrations such as those to North America ; in these instances, the arriving groups are ab initio made subsidiary to a resident dominant group. Lieberson maintains that long-run struggle is more likely in societies where the autochthonal population at initial contact is low-level. Native groups less powerful than the arriving colonials are left with few options other than opposition to the new societal order imposed on them. This ill will is further strengthened when the conquest group, over clip, becomes itself an autochthonal group. It is the comparative power of the migrator and autochthonal groups that determines the eventual nature of cultural stratification in each of these state of affairss. Where an invading group is successful in ruling the native population, the political and economic systems of the new group are imposed, and warfare and general struggle are likely to ensue rapidly. Situations in which the indigen group wields greater power and immigrant groups enter as subsidiaries produce less open struggle ab initio. The autochthonal group retains control over the size and character of in-migration and may encourage speedy assimilation, as in the instance of most European immigrants to the United States. Furthermore, struggle is diminished by the fact that if the in-migration is voluntary, disgruntled immigrants may return to their society of beginning. Although the nature of initial group reach my be of import in giving rise to and determining the eventual system of cultural stratification, Donald Noel has pointed three extra factors in 1968. They are ethnocentrism, competition for scarce societal resources, and an unequal distribution of power. On initial contact, divergent groups will justice each other in footings of their ain civilization, ethnocentrically. Given the nature of ethnocentrism, these ratings will normally be negative. The negative judgements will depend on the grade of difference between the groups: The more dissimilar they are, the more negative the judgement. When culturally dissimilar groups meet, so, ethnocentrism can be expected to epitomize intergroup attitudes. However, ethnocentrism entirely is non sufficient to bring forth cultural stratification. Groups may see one another negatively without the necessary outgrowth of dominant-subordinate dealingss among them. An extra requirement is competition, structured along cultural lines. Noel poses that the more intense the competition, the greater the likeliness of the outgrowth of cultural stratification. When groups strive for the same scarce resources, their interrelatednesss take on the features of competition and struggle. Within the competitory sphere, those groups with the greatest capacity to accommodate to the societal and physical environment will stop up higher in the cultural hierarchy. Differential power among the assorted groups is the concluding requirement for the development of cultural stratification. Unless one can overmaster another, there is no footing for a stable rank order of cultural groups, even if there is competition and ethnocentrism among them. When there is a peculiarly broad power spread between viing and ethnocentric groups, the emergent stratification system is likely to be rather lasting. Power strains more power and one time established, the dominant group uses its power to blockade the competition of other groups and to solidify laterality. In the terminal, differential power among the assorted groups is the most critical of the demands for the outgrowth of cultural stratification. Noel? s theory postulates that competition for scarce resources provides the motive for stratification, ethnocentrism channels this competition along cultural lines, and differential power determines whether one group will be able to subordinate others. 32d

Friday, March 6, 2020

Quotes for a Wedding Toast by the Father of the Bride

Quotes for a Wedding Toast by the Father of the Bride For many fathers of the bride, a daughter’s wedding day is a bittersweet occasion. Happiness mingles with sadness at the reality that the little girl who once relied so heavily on her father  is now going out into the world as her own woman and as someone’s wife. A toast on this day marks both an ending and a beginning. Fathers of the bride  can share their love, their pride, and express their best wishes for their daughter’s life going forward. They may even want to impart some wisdom about what it means to be a loving husband and father and what it takes to make a marriage a success. Whether the goal is to be lighthearted and humorous, sentimental and serious, or a little of both, including a few of the following sentiments, will make the father of the bride toast just that more special. Father of the Bride Quotes John Gregory Brown: There’s something like a line of gold thread running through a man’s words when he talks to his daughter, and gradually over the years it gets to be long enough for you to pick up in your hands and weave into a cloth that feels like love itself.  Enid Bagnold: A father is always making his baby into a little woman. And when she is a woman he turns her back again.  Guy Lombardo: Many a man wishes he were strong enough to tear a telephone book in half, especially if he has a teenage daughter.Euripides: To a father growing old nothing is dearer than a daughter.Barbara Kingsolver: It kills you to see them grow up. But I guess it would kill you quicker if they didnt.  Phyllis McGinley: These are my daughters, I suppose. But where in the world did the children vanish?  Goethe: There are two lasting bequests we can give our children. One is roots. The other is wings.Mitch Albom: Parents rarely let go of their children, so children let go of themâ₠¬ ¦It is not until much later†¦that children understand; their stories, and all their accomplishments, sit atop the stories of their mothers and fathers, stones upon stones, beneath the waters of their lives.   H. Norman Wright: In marriage, each partner is to be an encourager rather than a critic, a forgiver rather than a collector of hurts, an enabler rather than a reformer.  Tom Mullen: Happy marriages begin when we marry the ones we love, and they blossom when we love the ones we marry.Leo Tolstoy: What counts in making a happy marriage is not so much how compatible you are, but how you deal with incompatibility.  Ogden Nash: To keep your marriage brimming with love†¦whenever you’re wrong; admit it. Whenever you’re right, shut up.  Friedrich Nietzsche: When marrying, ask yourself this question: Do you believe that you will be able to converse well with this person into your old age? Everything else in marriage is transitory.

Wednesday, February 19, 2020

Business decisions Essay Example | Topics and Well Written Essays - 500 words

Business decisions - Essay Example The company is also finding it difficult to undertake product differentiation. Moreover with the present global financial crisis, the company is also facing the problem of lower spending by the customer. Finally due to the housing crisis, rising unemployment rate (9.9%) and the steady depreciation of the dollar has led to a huge current account deficit for the country. Larsen must conduct proper research to understand the customer. The company should continue with its marketing research programs. This would give knowledge of the customer’s needs and wants during these recessionary periods. The company must continue with its advertising budget. This strategy follows from a popular theory that states that companies who advertise during recession are the leaders when the economy bounces back. It should prepare ads which tend to focus on family values rather than the extreme fun and humor ads. In order to cut costs the company can resort to reduce the duration of the ads rather than scrapping them as a whole. The company can also put emphasis on direct marketing as a promotional tool. Larson must also reforecast its demand estimates. These estimates should be made on the basis of actual market conditions. The demand estimates must be made on the basis of scenario planning where different scenarios would be considered while forecasting the demand estimates. Larson must also change its pricing strategies. Instead of a cost plus pricing strategy it can adopt a marginal cost pricing approach in which the company would charge only the additional amount apart from the total cost coming from labor and materials. The advantage of this strategy is that the company can set up prices of the products near the marginal costs during the periods of poor sale. . (Weinburg College of Arts and Sciences, n.d.) Finally the firm must look towards expanding into newer markets like Asia which offer tremendous opportunities. Lastly it can also identify its business

Tuesday, February 4, 2020

Work-Related Project Analysis, Part I Essay Example | Topics and Well Written Essays - 1500 words

Work-Related Project Analysis, Part I - Essay Example This systems analysis includes a research into the supply chain system instated by Audi. The research methodology is primarily based upon a secondary research or more specifically a literature review of magazine article, press release, case study, and a textbook. The research design follows an empirical analysis based on qualitative sources that aims to analyze the working of its supply chain as the chosen system or project. Information is gathered from these sources as mentioned which will form the theoretical base in analyzing, assessing, and evaluating the efficiency, effectiveness, and performance of its supply chain system in delivery value to its consumers. The supply chain operations are important to any company for delivering its outputs and meeting its goals. Hence, this work related project analysis is to follow a literature review of secondary sources so as to gather the relevant information and knowledge regarding the system in place. The research design specifically invo lves use of germane sources so as to allow a rigorous analysis. Audi has now merged with the German based auto company Volkswagen AG after the company acquired 99 percent of its shares (Diaz, 2006). Having its head offices in Germany, Audi is a highly renowned automobile manufacturing company that produces high quality cars. The company’s supply chain system is a very important component of the supply chain which helps in delivering customer satisfaction and value to consumers. The production of its cars and the assembling of the various car components require seamless functioning of the supply chain. Production is aided by inbound and outbound logistics that helps to connect the transported raw materials with the production line. For many other car manufacturing firms, the supply chain department serves an important line function. Hence, I have chosen to base this research on the supply

Monday, January 27, 2020

Information Of Wijaya Group Of Companies Information Technology Essay

Information Of Wijaya Group Of Companies Information Technology Essay The Wijaya Group Of Companies was established in 1977 with a limited number of employees to conduct the business. It has a history of over 3 decades today, and has created employment opportunities for nearly 1200 employees. The Chairman of Wijaya Group of Companies, Mr. K.R.G. Wijesundara came out with the initial idea of establishing this company with regard to apparel industry 30 yrs ago. As the owner of the company Mr. Wijesundara has faced a lot of challenges in directing the company to achieve its prime targets due to the continues changes in the external environmental factors which aroused from the newly introduced open economic trading policies to Sri Lanka at that time. The demand factors in the apparel industry changed completely and created many niche markets during this era, forcing Mr. Wijesundara to introduce many strategies and tactics in order to face these challenges and direct his employees continuously. Due to the correct controlling measures adopted, he was able to motivate his employees and carry out a friendly environment within the organization leaving a space for the employees to complete their individual tasks effectively and efficiently. The Wijaya Group of Companies was able to expand its core business to many new areas in the industry within a very shorter period of time due to the collective efforts by the employees of all categories starting from the top management to bottom level. Among its customers The Wijaya Group of Company, is well known as C.I.B Shopping Center today, and it provides many products under single roof, starting from imported as well as locally manufactured garments to other important house hold items. The prime target of this company is to invest in new business ventures and expand it locally as well as internationally, and as a result of this the management soon came up with the idea of specializing in some sectors and opened up special outlets for Sarees which was named as Wijaya Saree Mandhir. By the end of this year the Wijaya Group Of Companies, holds 22 branches in Sri Lanaka, and conducts its business based on a Divisional Structure headed by five separate Regional Managers from region s such as Western Province, Sabaragamuwa Province, North Western Province, North Central Province, and Central Province. This company has currently employed 21 branch managers, to direct the activities all around its branches. THE VISSION AND MISSION OF WIJAYA GROUP OF COMPANIES THE HIERARCHIAL STRUCTURE OF WIJAYA GROUP OF COMPANIES THE PROBMLEM IDENTIFIED THE ABSENCE OF ONLINE SELLING The Wijaya Group Of Companies currently holds the ownership of 22 outlets which includes Shopping Centers as well as special outlets for Sarees and Tailoring. As the management always tends to expand its operations in different sectors, today they are in brink of introducing its products to the global market. The C.I.B shopping centers have a wider variety of products ranging from garments to household items and today it holds a strong portion of loyal customers that shop in these centers regularly. At present the management of Wijaya Group of Company, is working hard on increasing the customer base they are holding currently, and the most common methods in use are the various marketing tactics which varies from Price differences to different Bonus Offers, through such measures the management has been able to attract customers continuously. But despite all this, our team was able to identify a problem which was a major drawback in this company, and that is the Absence of Online Selling Today we live in a highly globalized world, where each in every individual and a country is interconnected via Internet and as a result of this, selling tactics used by most of the organizations are moving towards a more web based structure. The marketing strategies used by most of these organizations are diverted to meet this new trend in order to achieve the competitive advantage over their competitors. Profit maximization is considered as a prime target in most of the organizations today, and in order to achieve this it is vital to approach a customer before the competitor, and provide updated information to them. A company can easily achieve this through online selling, where a complex procedure like selling can be done by a single click on the screen, rather than meeting different retailers, distributors etc.. providing many advantages to the customer as well as the company itself. Literature Review Internet Electronic Commerce The Internet The Internet is a vast public web of computer networks, which connects users of all types all around the world to each other and to an amazingly large information repository. It is been hailed as the new technology behind the New Economy. It allows anytime, anywhere connections to information, entertainment and communication. At present many companies use the Internet to build close relationships with customers, and marketing partners. Beyond competing in traditional market places, they now have access to exciting new market spaces. The Internet may help a business in the following methods. 1. Virtual storefront Sells physical products directly to consumers or to individual businesses. Example: Amazon.com 2. Information broker Provides product, pricing, and availability information to individuals and businesses and generates revenue from advertising or from directing buyers to sellers. Example: Edmunds.com, Kbb.com 3. Transaction broker Saves users money and time by processing online sales transactions, generating a fee each time a transaction occurs. Also provides information on rates and terms. Example: Expedia.com 4. Online marketplace Provides a digital environment where buyers and sellers can meet, search for products, display products, and establish prices for those products. It could provide online auctions or reverse auctions where buyers submit bids to multiple sellers to purchase at a buyer specified price as well as negotiate to fix pricing. Example: eBay.com, Priceline.com 5. Content Provider Creates revenue by providing digital content such as digital news, music, photos, or video, over the Web. The customer may to access the content. or revenue may be generated by selling advertising space. Example: CNN.com, TheStreet.com 6. Online service provider Provide online service for individuals and businesses and generates revenue from subscription or transaction fees, from advertising, or from collecting marketing information from users. Example: salesforce.com 7. Virtual community Provides online meeting place where people with similar interests can communicate and find useful information. Example: Fortunecity.com 8. Portal Provides initial point of entry to the Web along with specialized content and other services. Example: Yahoo.com, MSN.com Electronic Commerce Electronic commerce which is also known as e-commerce is a form of doing business via internet. It can be also known as the buying and selling processes supported by electronic means, primarily the internet. E-commerce includes e-marketing and e-purchasing. Ecommerce benefits both buyers and sellers in many ways such as ; it could be convenient, buying can be easy and private, it could provide greater product access to buyers, online buying and selling could be more interactive and immediate, it could be used as a tool for building good customer relationships, from the sellers point it could reduce costs, increase speed and efficiency, and also it could be more flexible way of conducting business. IT Based Solution Starting an online selling operation Implementation Issues Starting an Online Selling Operation The Wijaya Group Of Companies is a medium sized chain, which conducts its business as shopping centers and saree centers in five different provinces in Sri Lanka, and concentrates mainly in the apparel sector today, by providing imported as well as in house garments to varies levels of categories. Currently it uses traditional methods in selling operations and has not adopted itself to the latest method of selling, which is done through internet. Starting an online selling operation system and getting involved in e-commerce would benefit the company in many ways with the present days rapidly changing business world. Since Wijaya Group of Companies holds 22 outlets, they could build up an intranet which is an internal network based on Internet and World Wide Web technology standards. All the shopping centers therefore could be linked to one another. This system will help the chain to communicate and keep track of their stocks. Wijaya Group Of Companies could also develop an extranet, which is a private intranet that is accessible to authorized outsiders such as suppliers of the company. Suppliers could communicate with the company via extranet and supply products when needed and each shopping center may place orders when they reach a re-order level. This company could have their own lease line to keep connected to their most important suppliers. This company may start off their online selling procedure by launching their own Web site. This web site may include information about the chain, their products, and their branches, how to purchase a product online, payments, making orders, checking on new products, etcà ¢Ã¢â€š ¬Ã‚ ¦. They could use banner ads which are graphic displays on web pages used for advertising and the banner should be linked on to the company web site so that the person clicking on the banner will be transported to the company web site immediately. They could develop a portal which is a web site or other service that provides an initial point of entry to the web pr to internal company data. This portal could provide its viewers with a directory of information on the internet along with news, telephone directories, maps, shopping and other services. They could also develop their own internal portals to provide employees with streamlined access to corporate information resources. CostWijaya Group Of companies will be able to sell their products directly to retail customers via internet, by passing intermediaries such as distributors or retail outlets. The purchase transaction costs could be reduced in great numbers by eliminating intermediaries in the distribution channel (disintermediation). The company could also reinforce re intermediation by shifting the intermediary role in a value chain to a new source. The benefits of disintermediation to the consumer are illustrated below. Rs.128 Rs.120 Rs.100 As this processes show, the selling operation of the company could be changed into a much simpler process if the company adopts the online selling method, by reducing the extra responsibilities of retail outlets and distributors which will help to cut down the costs. The company can use interactive features of web pages to hold consumers attention or to capture detailed information about their tastes and interests. The company web site can be a bountiful source of detailed information about customer behavior, preferences, needs, and buying patterns and the company can use this information to tailor promotions, products, services and pricing. The web site of the company could also obtain customer information by asking visitors to register online and provide information about them. These information along with the consumers previous purchases could be recorded in the company web site and the next time the same consumer logs in, the web page could greet him/her by his/her name (ex: Welcome Peter) and provide the consumer with products similar to the previous purchases. This system will motivate the consumer to purchase products more often from C.I.B shopping centers and will help build strong customer relationships. Communications and product offerings can be tailored precisely to individual customers. Wijaya Group of Companies can create a unique personalized web page which is also known as web personalization that displays content or ads for products of special interest to each user. Apart from these, they can develop their electronic payment systems and receive payments online, and could create blogs to gather customer suggestions, they could even use their web site and e-mail to customer questions and provide customers with helpful information. The web site may also have link such as push to talk for instance where visitors could click on and request for a phone call in case of any inquiry and the company should have a call center connected with this link to provide this service. STEPS TO CRATE AN ONLINE STOREFRONT SHOPPING CART PROGRAMME MERCHANT ACCOUNT (BANK) PAYEMENT GATEWAY E-COMMERCE WEB SITE SHOPPER The above picture shows the process of online selling. The procedure of online selling statrs with the creation of a website of the company and ends with a transaction which is done via credit cards. Get Signed Up with the Best Wholesale Distributors If a company plans to expand its operations to online, it is important to search for the best wholesale distributors, drop-shippers and sign up with them. In this case it is vital for Wijaya Group Of Companies, to complete this task first inorder to run the online selling process smoothly. These wholesale distributors offer the lowest wholesale prices around and drop-ship the products directly to the customers location with the name of the business on the box, so that it will appear to your customer as if the package came from the oraganization itself. This will be a brilliant concept for Wijaya Group of Companies as it will help to increase the loyality of customers towards their products. Build Up the Online Storefront Creating a website is the next major step in this,the company will have to create and register their own unique domain name. (eg : www.cib-shop.com). The company has to choose a reliable web hosting provider as well. After selecting the unique domain name,it is important to create and design a professional and profitable Internet Storefront that will entice visitors to buy the products on their first visit. Select a suitable E-Commerce Software It is important to select software that suits the needs of the company. Through this Wijaya Group Of Companies will be able to take and process orders. Recommended Software : Product Cart Software Select a suitable way to collect Payments A sophisticated payment method is a must in online selling. Most of the organizations accept the credit card system today as it simplifies the transaction to the customer as well as the company. Wijaya Group of Companies can select the system as it fits, and some of the methods used by other organizations are: Real time Credit Card Processing through a number of supported payment gateways, Offline Credit Card Processing (eg : A company can use their POS if they have retail stores), Checks, Purchase order, PayPal, Google Checkout etc.. Key Facts in Online Selling Choosing the Right Niche This is a vital factor in online selling. The products a company plans to sell through online has a greater impact on the final value of sales, and this could be only achieved by selecting the exact niche market. Even after selecting the correct niche market if a company fails to deliver the updated information through working hard and introducing new features to their site in a daily basis still a company will fail to meet the targets set by the management. The Wijaya Group Of Companies will have to consider this matter seriously, if they want to achieve competitive advantage over their competitors. They must be in a position to update information of the new products immediately to the site and present it to the customers creatively. In the physical world, niches are based on geography, but Geography is almost irrelevant on the Internet. So it is important for Wijaya Group to choose a niche small enough that they can dominate and maintain it through constant updates. High Production Value In a print catalog, production values refers to the quality of the paper and printing processes used, the number and quality of images, and the care taken with graphic design. High production values are critically important in catalogs, which have to convince consumers to buy based on a few sheets of paper. Production values are even more important on the Web. Consumers will not buy from an amateurish Web site. Most of the people who visit a site will still find the idea of ordering online unusual as it requires a number of special facilities. The management of this company will have to concentrate on this matter, because the site created by them needs to inspire visitors with confidence. It should say that it is a kind of company that does things right, and that if a customer order something from there, it will be a good experience for them. Promoting the Site Having a great Web site is not enough. The success of it, relies on how far the site is capable of bringing in people to it. But promoting an online store is different from promoting an ordinary Web site, because through an online store a company targets to sell its products. Earlier the only answer available for promoting a site was through a Search Engine that provides space for all kinds of products. But recently Internet Hubs like Yahoo! And MSN have created areas just for shopping, giving more prominence to frequently requested products. If a company plans to advertise its products and sell those before its competitors, it is important to make sure that the site created by the company appears in the first place as soon as the customer request for similar sites. A company can achieve this by using the key words which relates to the products frequently, as it creates a greater chance for the search engines to filter it out. So it is important for the management of the Wijaya Group of Companies to look in to this fact and create a site which can be easily filtered by the search engines. It is important to use these key words (eg : the word clothes) in a natural manner and give out the relevant information to the customer, without irritating them by using it repeatedly in each and every sentence and phrase. Emphasize the Services Online selling is becoming popular in a slow pace in Sri Lanka, and the number of uses who make use of this facility keeps on increasing in a daily basis today. As it is in the verge of growth most of the people who visit a store will still find the idea of buying online a little strange, so it is important to reassure these customers. The most powerful confidence builder is a top-quality site: high production values go to work directly on the visitors subconscious. But its also important to reassure visitors explicitly. It is important for a company to ensure the security level of their site and the transactions done, as it will have a great impact on the buying patterns of a customer, and if a company is capable of providing the required level of security, they have to highlight it and mention it to the customer clearly, and this can be considered as an emphasizing of a service provided by the company. Advantages and Disadvantages in Online selling Advantages Online shopping malls give an immediate online presence. Sector-specific malls can provide an effective route to your target market. Theyre easy to set up for people with moderate IT skills. You dont need to go through the process of setting up an  Internet  merchant account. You often get help and support in getting your store operational. Updating your subscribers can be done almost instantly through email. Visitors to your website can get up to the minute information on each visit. If you are having a sale, your customers can start shopping at the discounted prices literally as soon as they open their email. The cost of spreading your message is next to nothing. Emailing your subscription base is more often cheaper than sending a letter through the mail. Disadvantages The online selling operation would definitely benefit the company in many ways when comparing with the traditional method which is followed at present. But introducing the new technology to the company may be very costly from the companys point of view in terms of equipment, staff, buildings, maintenance cost, etcà ¢Ã¢â€š ¬Ã‚ ¦. It may be very risky and the results would be unpredictable. Going online and selling online will require more professional and technical staff and since the system will eliminate paper work, a great number of employees will have to be terminated from their jobs. Incase the system fails the company will have to face the probability of losing its existing customers. Online selling operations require a special online payment scheme. These Payment Schemes have a greater risk of getting hacked, so the customers will be reluctant to give their credit card information and avoid this method of online selling. There is a lot of competition for the products introduced by an organization. By the time your customer finds you, they have tried out other links. Unless they can find what they are looking for quickly, they are gone. Recommendations The Wijaya Group of Companies should not directly stop conducting its business in the traditional method instead they should practice a parallel strategy where both the systems should be conducted. The company should adopt its web site according to the changing environment and not just stick to the basics of a web site ( ex: add more links) The company could develop a corporate intranet for the key departments in the business. ( ex: Finance and accounting, Human resources, Manufacturing and production, Sales and marketing) In order to attract the customers it is important to update the information available frequently.