Business operational plan of Apple Inc

Business operational plan of Apple Inc Apple Inc. designs manufactures and markets the personal computers along with other mobile communication services, music and digital players. It also provides hardware, software and networks solutions and peripherals. Apple Inc. sells its products throughout the world on its retail stores, online stores, through the third party wholesalers and its direct sales force. It also deals with the variety of Macintosh i.e. iPhone iPod etc. It provides the services of the complete software solutions on its iTunes stores. Its consumers are those who purchase its products directly, enterprises, educator and governments. This company is California based and founded in 1977. It has capability to design and manufacture its own operating system. Business operational plan of Apple Inc. Strategic plan sets up the business plan of a company while business plan in turn establishes the business operation plan. Operational plan is the key to run the entire business of company. Operational business plan covers the all areas of company including the finance, manufacturing, internet, operations, RD, human resources and marketing. Apple Inc. was known because of its lenient business thinking. Apple Inc. has the design, marketing and manufacturing services. Company develops designs and markets the musical players with important accessories. The business of Apple Inc. is managed on geographic basis. There are five operating segments of Apple Inc. such as America, Europe, Japan, retail and others. In US, Canada, UK and Japan Apple owned stores are currently operating. Like other organizations Apple Inc. all the departments are formed by the placing the similar functions in the groups. As described before the main divisions of Apple Inc. human resource, finance, marketing and productions are adopted by the functional approach. In each division the functional subsystem and departments create hierarchies. Operational management is linked with the production divisions activities. The people in Apple Inc. are grouped together on the basis of their expertise and resources. It enabled the Apple Inc. to learn from its functions. The present structure in Apple Inc. has focused upon those activities which reduce the costs and increase the flexibility in its operations. The managers in Apple Inc. have a greater control of the organizational activities and avoiding the tall and other several hierarchies. A relative flat structure of the Apple Inc. has decentralized the authorities and responsibilities of its management. The managers and employees at lower levels are encouraged to take part in fostering the companys strengths. The advantages of decentralization are numerous i.e. enhancing the planning, decision making and control processes. Apple Inc. has focused on its marketing operations on the major business areas like iPod and iTunes. The marketing department shows a great responsiveness to the outside world. The finance treasury division of Apple Inc. provides the financial policy to company. This department is responsible to handle the international capital transactions of company, liquidity guaranteeing and risk management. In Apple Inc. the role of the financial manager is crucial for the strategic management. The capital required for the RD is raised by the Finance division which maintains the innovation position of the Apple Inc. Internal problems of Apple Inc. were in the form of the sale force accessing directly to corporations. Apple Inc. relied on the 300 manufactures while IBM had 6000 to 7000 direct salesman. However the Apple Inc. has focused to establish more sales staff. Many issues concerning to these sales person were noted regarding the prices of products. Apple Inc. has also marketing problem as it failed to communicate the Macintoshs business image in market. The fact that marketing strategy was not according to requirements and did not make it more famous in market; i t also did not focus upon the technology. Products are manufactured on the basis of customers needs. Apple Inc. needed the fundamental importance of getting close to market. Apple Inc. possessed the organizational structure which too had the management problems. The production and shipment problems exist in Apple Inc. as the IBM its supplier experienced the manufacturing problems and delayed the shipment of various products. In a market the speedy delivery of products is critical. Due to the Apples key dependency on other companies put it at the competitive disadvantage. Human Resource in Apple Inc. has administrative tasks such as meetings, conferences, special projects and seeks the solution for the fast paced store environment. Discuss both the internal and external factors that impinge on the business operations plan. Apple Inc. has faced the serious challenges during the last 30 years but recovered from those serious situations with advent of innovation. Apple Inc. faces the threat of competition because of free services in market. A good business achieves the market share by creating better legal services to customers. It can be compared with the bottle water which is better in quality as compared to tape water which is in approach of every person. However there is legal competition ahead in market. No company was successful to attach the market the before the Apple Inc. did so. Better service is directly related with the new and better technology. Roxio was the first company which followed the Apple Inc. to produce the products on the concept iTunes Music Store. Sony and Microsoft are other big players of market to download the services. On the other hand Dell Computers are partnering with MusicMatch. Traditional retailers like Amazon and Wal-Mart have presented their own plans. Apple Inc. is f acing the competition from these competitors and profiting the leading position in market. Copy rights issues are also concerned with Apple Inc. Apple Inc. faces the issues of jobs as a part of their system. Sales force for the direct access to corporation is required for the success of business operation plan. IBM has the direct salespeople more than 6000 while Apple Inc. relied only on the 300 manufacturers representatives. The reason behind the small number of sales force may be the selling Macintoshes at lower prices as compared to dealers (Brady, 1989). Economic Conditions Apple Inc. Economic conditions of world impact directly on the performance and financial results of Apple Inc. investor must not consider the historical trends for the future performance of Apple Inc. there are several reason behind this which pose the risks on business of Apple Inc. Uncertainty about the current global economic conditions are also posing threats because business could not continue due to tight credits, negative news about finance, decline in asset values. Apple Inc. sets the prices of its products to consolidate the Dollars value. Macroeconomic factors along with other factors affect Apples business operation plan. The demand can be influenced by the increase in prices of fuel and energy, condition of mortage real states markets, consumers confidence and health labour costs. These economic factors adversely affect the demand for companys product. It also affects the operating results and financial conditions of Apple Inc. Impacts of environmental and technological changes on the business plan of Apple Inc. Apple Inc. has made efforts to satisfy its stakeholders in various ways. It included all the environmental issues for its corporate governance. It has satisfied the employees, local communities and general public by minimizing the environmental impacts on its entire business operations; integrated the sound environmental, safety management and health practices. The environmental mission statement of Apple Inc. has integrated all above mentioned practices into all business operations to ensure that it offers technologically innovative products. Apple Inc. aims to communicate on the policy which provides the benefits of environmental consciousness, safety maximization, energy efficiency and health protection to its various stakeholders. In the HRM objectives Apple Inc. has adopted the strategies because of the consumers preferences as the external environmental force. The HRM of Apple Inc. has established the partnership agreements to keep the trust and fairness. The recruitment policy of the HRM is modified in the ways to adapt the external changes in environment. Therefore the higher number of skilled staff is recruited in the area of web development; web is considered a preferred medium for the technology professionals for applications. A positive work environment has proved that Apple Inc. is outstanding for the visionary products. The organizational competency of Apple Inc. is increased by the HRM. Apple the Inc. is in an exclusive position. It has produced both software and hardware; it cannot be analyzed only the PC manufacturing company. It is also providing the software solutions, server producer and online contents. Technology Advancement The changes in technology has affected the barriers of entry and impacted the business operations of Apple Inc. The changes in digital music industry are working now on common format to make them available for the music players. The reason behind the limiting the download contents is to determine the users acceptance of Apples product. Bundle of solutions are provided by the Apple Inc. with refined and good products. By providing high quality products to end users the technology sector is making changes rapidly. These are the diversified efforts which Apple Inc. keeps its design and innovation more focused with the use of best performance and prices according to the external and internal environmental changes. Due to its distinctive competencies like product design, innovation, educational skills and digital entertainment; company has acted as a leader in the digital lifestyle. Apple Inc. has used its strengths for the purposes of creativity, technological development and innovation. It has gained competitive advantage over other companies in the industry because it offers multiple products with lower values. Organizational structure and control system of Apple Inc. improved the information and knowledge availability. For the Apple Inc; innovation and technology are the key driving forces of its mission and strategy (Morden, 1993). For the effective operation management system IT is a driving factor and management information system is the basic requirement for the strategic development. Efficiency of operation management is improved by the use of IT as it increases the quality and availability of information and leads to cost saving (Ibid, 1993). Apple Inc. is using the SAP and ERPs systems to speed up the customers orders. Apple Inc. has implemented the i2 technologies (www.industryweek.com/currentarticles). Importance of good business operations planning to the overall success of the business at Apple Inc. Apple Inc. has many successful factors that determine its success in key areas of the operations. An important factor that is apparent is about the vision of the organization. It is true that creative energy always begins with vision. These organizations impact significantly on the world (Collins Porras, 2004). Apple has a very clear and purposeful vision which can be seen through the innovative products for the last many years (Senge, 2006). The main purpose of the Apple Inc. was to develop the computers for the world and making contribution to the world by its advance technology products. Beside this vision Apple Inc. takes further steps of actions which are practiced throughout the organization. In the Apple Inc. employees were able to lay the foundations to achieve the long term goals. They were able to start the business at small scale and contributed at a higher level. The company acted upon the Kotters model and understood the potential uses. The success of the Apple Inc. is attributed to the capability of the company making refinements and building the more powerful products. The company has changed the core nature of the business. The Apple Inc. innovated the (GUI), file folder and desktop metaphor. Kotters 7th step manifests by using the credibility to make changes in system, policies and structures (Kotter, 2007). Apple uses the core competencies which the employees have acquired through redefining the market segmentation. Apple has met many successes and overcome the challenges. Apple Inc. has made changes and implemented new policies because of changing trends of computer markets. Apple Inc. is a computer technology which is best known due to its innovative structure. It is focusing upon the production of personal computers. In the advent of evolving technology it has shifted into the electronic market. Apple Inc. operates its business in more than 170 retail stores in US, Japan, UK and Canada. It has produced more friendly computers for the consumers. All of the achievements at Apple Inc. are attained through the people who design and develop the products and staff at the retail stores. Why is the business operation plan important at Apple Inc? This business operation plan is important because it generates the steady increasing revenues and sending its products in the big markets of the world. Due to its good leadership the Apple Inc. achieved the high profile. Three manufacturing facilities are shaping the foreign operation in countries like Ireland and Singapore. Due to its internal strengths and successful business operation Apple Inc. has become a competi tive company. It has footed in the computer market with an innovative style in the computer market. It production system is well handled as the operating system is free of all tangles of the Microsoft operating systems. In the physical appearance, usability and specifications; it has given a large degree of control to company. Apple Inc. encourages the RD environment and constantly releasing the products as seen in the latest Mac mini and iPod. It has made the Apple Inc. a big innovative company and brings the creative and new ideas in the computer market. Capital Structure: Corporate policy has yielded good results. Apple has paid all the debts which suggested that desired operations of company and growth of company by equity and not by the debt. Managerial qualities and resources necessary for effective business operation planning The issues in quality of products attracted the attention of business. The management concept is rendered by the wave of successful entrepreneurship. Top managers are committed to make decisions before communicating fully with all those who are involved in it. When subordinates ask for the decision the top managers think about the organizational response towards the decision for strategic plan. Ways of decision making enhance the business operations and credibility throughout the organization Apple Inc. People love to purchase the products of Apple Inc. because of power, easier way to use and reliability. The business managers at Apple Inc. ensure the delivery of the products to companies according to their requirements. Business customer contacts the business managers and long term relationships are established between them (http://www.apple.com/jobs/us/retail.html#business). Apple Inc. management has the ability to sell its products having no supply chain system. It earn the revenu e by the selling the iPod devices and Mac computers. Its iTunes virtual stores are generating the revenue more than $ 1 billion every year (David, 2010, p: 72). The managers at Apple Inc. face the incentives of using the strategies to control the earnings in many traded companies. The managers are allowed to purchase the stocks. In this way the staff at Apple Inc. is encouraged (www.sec.gov). The management system of Apple Inc. has policies and procedures, responsibilities and roles of its managers. For example a best health management system is maintained by the concerned managers to ensure the safety and health of its employees. If any inadequacy is seen in this system then top managers adopt the corrective actions including the verification through audit processes. Apple procurement managers are responsible to manage the business relationship with suppliers and coordinate the Apples supplier responsibility auditor. Apple Inc. has five divisions to manage the products and marketing departments of the company. These five divisions are responsible to evaluation and manufacturing of the devices, software and hardware of computer system. The four support divisions also work to handle the marketing and post sale products. A new position of Chief Operation Officer was created by Scully to centralize the operations and involving the senior management in the daily business decisions (Annual Report, 1988). Human Resource (HR) is responsible for the safeguarding the most valuable assets of the Apple Inc. It handles the many programs of the company to achieve the companys goals. Human resource at Apple Inc. is also responsible to reach at the needed resources. The Apple Inc. has six important valued creation functions including the marketing, RD, finance, Human resource management, information systems and operations and logistics. The chain of activities required to transform the inputs into outputs are pr imarily concerned with actual design, manufacturing, delivery, marketing of products and customer support activities. The ultimate task of the RD resource at Apple Inc. includes the new innovation and use of technology which meet the customers requirements (Hill Jones, 2004). Information system at Apple Inc. is an important asset which provides the business assisting facility. For the success of the business operation plan the information system is a core to keep the business run online without any obstacles. Other valuable resources which have potential powers for the customers as well as the management at Apple Inc. include the servers which distribute the information about Apples products and create new internet resources for the mailing list, online feedback and further open the communication lines. From the above discussion it can be concluded that Apple Inc. is a well known development and business company of the world. Its success lies in its business operation plan which indeed depends upon the various necessary actions taken from the design of the product to sale of the product.

Health Care Access Options Essay

Community can be defined as a social group of any size whose members reside in a specific locality, share government, and often have a common cultural and historical heritage (Dictionary.com, 2015). The health care needs of a community are contingent upon age, gender, race, and social class. This paper will address the marketing strategy of a web-based resource, walk-in clinic, and a retail clinic within one community. Research will cover the audience in which the organizations wish to target, how they market to The target audience, the effectiveness, and what could be done differently to improve marketing strategies. The Health Resources and Services Administration Maternal and Child Health web page is dedicated to helping women improve the health and wellness of their communities. The wealth of information provided allows women to educate themselves on a variety of topics. The mission of the Bright Futures for Women’s Health and Wellness Initiative (BFWHW) is to plan, develo p, implement, and evaluate a variety of culturally competent, evidence-based consumer, provider, and community tools for women across their lifespan. Materials help women of all ages achieve better physical, emotional, social, and spiritual health by encouraging healthy practices (US Health Resources & Services Administration, 2015). By providing easily downloaded toolkits or an 800 number if internet is not available, BFWHW targets the female audience effectively. By choosing to target only women, the site narrows its market. To improve and broaden their market, the site might add information that target men to educate first time fathers, suggest helpful tips for helping around the house, and provide information or links to support groups for men and teenagers. Cigna Urgent Care is the community walk in clinic. The featured services provided include primary care and pediatrics. Specialty services include outpatient surgery, podiatry, neurology, pharmacy, Health for seniors, imagery, and vision  centers (Cigna HealthCare of Arizona, 2015). The clinic provides care for every age, infants to seniors. Open to the public 365 days ou t of the year, and staff board certified doctors to treat a wide variety of conditions. One Saturday a month, the clinic offers well check-up appointments for women only. Targeting all audiences, with a focus on women’s health for convenience. Cigna also targets senior health, providing health education classes. The website allows easy access to information and is user-friendly. The marketing strategy is effective with olive branches extended to all generations, easy access to information, and several locations. Individuals can now receive health care services while shopping for groceries. CVS introduced minute clinic over a decade ago and now have over 800 locations nationwide (CVSHealth, 1999-2014). Targeting audiences that have very little time to schedule an appointment with a primary care physician, the minute clinics offer walk-in services for a variety of health care needs. Staffed by nurse practitioners and physicians assistants that specialize in family health care (CVSHealth, 1999-2014). The minute clinics accept most health insurance and offer flexible and affordable payment options to individuals with no health insurance or those who are underinsured (CVSHealth, 1999-2014). Practitioners diagnose, treat and write prescriptions for common family illnesses such as strep throat, bladder infections, pink eye, and infections of the ears, nose, and throat (CVSHealth, 1999-2014). Provide common vaccinations for flu, pneumonia, pertussis and hepatitis. (CVSHealth, 1999-2014). Treat minor wounds, abrasions, joint sprains, and skin conditions such as poison ivy, ringworm, lice, and acne. Provide a broad range of wellness services including TB testing, sports and camp physicals, and lifestyle programs such as smoking cessation and a medically based weight loss programs (CVSHealth, 1999-2014). Offer routine lab tests, instant results and education for those with diabetes, high cholesterol or high blood pressure (CVSHealth, 1999-2014). Provide care for adults and children 18 months and older for most services and share records with primary care provider with patient permission (CVSHealth, 1999-2014). The website offers a price list for all services provided, as well as educational information for a variety of health care issues. Being the official sports physical provider of Pop Warner Football, and official retail medical clinic of USA Football (CVSHealth, 1999-2014). is an  effective marketing strategy to target sports organizations in the community. The CVS minute clinic is successful in reaching all target audiences. The three health care organizations researched used effective marketing strategies to reach the target audience. Without research and effective marketing, an organization will set itself for failure. Targeting the desirable audience is the key to successf ul community clinics. References Cigna HealthCare of Arizona. (2015). Cigna Medical Group. Retrieved from http://www.cigna.com Communities. (n.d.). Dictionary.com Unabridged. Retrieved January 30, 2015, from Dictionary.com website: http://dictionary.reference.com/browse/communities CVS.com. (1999-2014). Retrieved from http://www.cvs.com/minuteclinic/services CVSHealth. (1999-2014). Minute Clinic. Retrieved from http://www.cvs.com For Kids To Do. (2015). Retrieved from http://forkidstodo.net US Health Resources & Services Administration. (2015). HRSA. Retrieved from http://mchb.hrsa.gov/womenshealth/resources

Economics, Effects of Specialization Essay

Specialization basically means when an individual or businesses produce a narrow range of products in simple words, when a person or business focuses on producing one type of product because they are good in producing that product. International exchange allows for specialization, which is when one producer produces the good that comes at the least cost of production and opportunity to him or her and then trades for those goods that come at a higher production or opportunity to him or her. The law of comparative advantage explains how people can gain from trade and specialization. Comparative advantage is defined as the ability to produce a good at a lower opportunity cost than others can produce it. Therefore, specializing gives that country a comparative advantage over others. specialization also leads to economic interdependence which is when producers in one nation depend on other to provide good and services that they do not produce. ere’s an example : lets say China produces 500 fish and 200 cheese and Canada produces 200 fish and 500 cheese , China will stop making cheese and focus on producing more fish and Canada will stop making fish and focus more on producing cheese , in the end , they will end up trading , this is economic interdepedence when another country relies on another country for a product or service. Not only does it lead to mutual gains by allowing different countries to specialize in the production of those things they do best, but it also allows them to import goods that foreign producers are willing to supply at a lower cost than domestic producers. Resources and such differ from country to country and give some countries an advantage to producing some goods over others and prove to be more profitable and advantageous to all. By allowing for international trade, countries can specialize in those goods that they can produce most economically and them offer them to consumers at a cheaper, more affordable, and more economical price. Absolute advantage is a situation in which a nation as a result of its previous experience can produce more of a good, with the same amount of resources, than another nation. till , this doesnt mean that just because one country has an absolute advantage that the countries cannot gain from international trade. countries can still gain as long as relative production costs differ. 3 reasons why International trade is necessary International trade allows countries to learn from each other and take in new ideas. international trade is needed between countries is because resources that country needs are not available everywhere. international trade is necessary is that it reduces the risk for one economy.

Meditation on First Philosophy Essay - 2565 Words

First Essay Assignment Question: Meditation on First Philosophy It can be seen that Descartes Meditations on first philosophy raised a lot of questions regarding the existence and nature of the self, the existence of God, the nature of truth and the possibility of error, and finally also the essence and existence of bodies along other things. Descartes did all this through the medium of his six meditations. Descartes from his very first Meditation, that of concerning things that can be called in to doubt, gives reasons on why we should doubt all things, material or non-material, to be not true. He further goes on to state that, we must continue to doubt these things as being not true as long as we have no other reason to believe in†¦show more content†¦Therefore, Descartes based solely on the strength of this belief, goes on to state that everything that he has a very clear and distinct idea of, he will perceive to be true. Descartes now realizing that in order to set up his argument, he has to prove whether or not God exist, and also whether or not if God is deceiving us. He starts off his proof by stating that there are three different types of ideas. These are as stated below: (1) Simple Ideas Ââ€" These ideas, which can be false and doubted upon, are basically the representation of things in the world. (2) Volitions/Affects/Emotions Ââ€" These ideas, which can also be false and doubted upon, add something to the representation of things in the world. (3) Judgements Ââ€" These are the only types of ideas that can be true or false. Descartes also goes a step further by stating that there are three possible sources of ideas according to him. Theses are as follows: (1) Adventitious Ideas Ââ€" These ideas are acquired from our senses. (2) Fabricated Ideas Ââ€" These ideas are produced by taking existing ideas that we already know and combining them to form newer unknown ideas (3) Innate Ideas Ââ€" These are not acquired through any form of sensory experience. Furthermore, according to Descartes Innate Ideas are also thought to have come from God himself. Having mentioned the possible sources of whereShow MoreRelatedDescartes Meditations On First Philosophy1318 Words   |  6 PagesQuestions November 2, 2017 Cogito Ergo Sum Descartes Meditations on First Philosophy and his questioning of our existence in reality is a question which philosophers have tackled throughout time. Cogito ergo sum or I think therefore I am, a phrase brought about by Descartes is the backbone of his whole philosophy of our existence in reality. As long as we are thinking things, we exist. 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Top Best College Research Paper Writing Service Secrets

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Downloading Music with and without Permission - 1045 Words

In this era, millions of people either download or stream music. Music apps focus on providing the public with free music to listen or download; YouTube provides the public to watch music videos. Yahoo Music, ITunes, and many other software offers streaming music to the public. There are literally billions of songs available to download, which are easy to get. All the public has to do is install a file the allows you to share programs. Anyone who has a phone or a computer can download music for free by using the internet. Whatever goes on the internet stays in cyberspace forever. Lots of people download music using some type of program or app. If you dont, then you might know someone who does. It is that common. According the U.S copyright office, is that if you download copyrighted material without permission, you are breaking the law. Copyright law protects the value of creative work. When you make unauthorized copies of someone’s creative work, you are taking something of value from the owner without his or her permission. ( RIAA) Technology has made it possible and easier to download music for free, but it is legal to do so. When downloading music from sites it is okay to do so, if the site has the official permission of the owners to copyright their music; whether if the sites charges. For example the app Pandora is legal. Pandora is a radio app that streams music. While the user is listening to Pandora, they are offered the ability to buy songs or albums. ThereShow MoreRelatedRecording Industry Association Of America1144 Words   |  5 PagesA lot of us love music and in this day and age it can be hard to come by, especially if you don’t have anyway to buy online. The sound of music can affect all of us and our emotions. When we want to be in a good mood we’d probably listen to an annoying and catchy tune through our headphones. We shouldn’t have to be in trouble for giving ourselves joy. Today, I’m going to try and p ersuade you why illegally downloading music isn’t wrong. While I’m trying to persuade you some terms may cause confusionRead MoreReading Copyright and the Issue of Downloading Essay1411 Words   |  6 PagesReading Copyright and the Issue of Downloading When you buy music legally, there is usually a copyright mark somewhere on the product. Stolen music generally does not bear a copyright mark or warning. Either way, the copyright law still applies. A copyrighted creative work does not have to be marked as such to be protected by law. â€Å"The copyright allows the holder to control the reproduction, display, distribution, and performance of a protected work,† (Corley, Moorehead,, Reed, SheddRead MoreTypes of File Sharing1664 Words   |  7 Pagestypically host files so that others can download them. Downloading Without Paying: Why is it illegal? When a movie or song is produced and marketed, everyone involved in the process has monetary gains from the sale of that product. Therefore, that product is protected by copyright law so that it cannot be copied, reproduced or resold without their permission. If you did not pay for a song, movie or other media file that has a copyright, then downloading that file is a crime. Likewise, distributing a copyrightedRead MoreIllegal Online Music Downloading, The Consequences For The Music Industry And Artists1096 Words   |  5 Pagesnetworks which are remote systems, typically a server. Copyrighted content needs to have appropriate permission to download it and without this permission doing so could constitute copyright infringement. According to Towers (2011), on-line piracy generally refers to sharing over the internet copies of works that are not authorised or illegal downloading of software, movies, videogames and music. Copyrighted works are distributed illicitly through Internet c hat rooms, newsgroups and peer-to-peerRead MoreIllegal Online Music Downloading, The Consequences For The Music Industry And Artists1110 Words   |  5 Pagesnetworks which are remote systems, typically a server. Copyrighted content needs to have appropriate permission to download it and without this permission doing so could constitute copyright infringement. According to Towers (2009), on-line piracy generally refers to sharing over the internet copies of works that are not authorised or illegal downloading of software, movies, videogames and music. Illicit downloads started through hacked computers, file-sharing networks, illegal servers and websitesRead MoreThe Most Overlooked Crime: Piracy Essay882 Words   |  4 Pages Internet piracy is not a victimless crime. Piracy is a term used to describe the illegal downloading of music, movies, games, and even software online. Although many people don’t feel that piracy is a crime that affects anybody, it really does. People p irate stuff online because it is free and does not require one to run to a store to get their product. People that pirate these things don’t think of the repercussions that go along with it. You can have to serve up to 10 years in prison, and payRead MoreIllegal Online Music Downloading, The Effects And Consequences On The Music Industry1100 Words   |  5 Pagesnetworks which are remote system, typically a server. Copyrighted content needs to have appropriate permission to download it and without this permission it could constitute copyright infringement. According to Towers (2009), the internet or on-line piracy generally refers sharing over the internet copies of works that are not authorised or illegal downloading of software, movies, videogames and music. Illicit downloads started through hacked computers, file-sharing networks, illegal servers and websiteRead MoreMusic And Its Effect On The Music Industry1216 Words   |  5 PagesMusic plays a very vital role in every person’s life. Music can change the emotions and senses of a person. No one can actually describe to what extent music is importance but certainly it has a crucial role. Time has been changing with various artists and the creativity has been changing but the music lovers are still the same as they appreciate and receive the music to the same extent as usual. What are the ways to enjoy music and the different forms to access it? Music can be purchased, sharedRead MoreEssay Digital Music Piracy1202 Words   |  5 PagesDigital music piracy has been a worry of the music industry since the creation of Napster in 1998. Piracy is the act of stealing something that does not belong to you which has been outlined in our society as something that is bad or against the law. There are many articles out there that highlight music piracy but four main important ones include: â€Å"The Music Industry on (the) Line? Surviving Music Piracy in a Digital Era† by Jelle Janssens, â€Å" Neutralizing Music Piracy: An Empirical Examination† byRead MorePiracy, The Intellectual Property Rights Of The Recording Industry Association Of America1285 Words   |  6 Pages 1 Piracy is defined as illegally acquiring a private property, in this case, music, without paying for it. Piracy, therefore, violates the intellectual property rights of the recording companies, together called Recording Industry Association of America (RIAA). The intellectual property right being violated at hand is the copyright laws that the RIAA have. The biggest problem that the RIAA has with this violation is that they believe their sales are declining because of piracy. In fact, the

Project Management For Operators Of Large Assets †Free Samples

Question: Discuss about the Project Management For Operators Of Large Assets. Answer: Introduction Project management is considered as the aspect in which the set of objectives has been maintained properly in order to achieve a certain goal. In order to manage a particular project, it needs a project manager. Turner (2014) said that, the responsibility of the project manager is to take care of all the different aspects regarding the particular project that includes the different requirements for the project along with the safety and the security of the workers. The main aim of this particular study is to evaluate the importance of the project management aspect for the large projects. Along with that, the study also aims to satisfy the needs of the project. The study provides a brief description regarding the contract process in between the stakeholders. In addition to that, the study also detailed the expected budget for the entire project. Moreover, the study also summarizes the requirement for the safety along with the quality assurance for the particular project. Description of the project Boyne Smelters Limited is considered as the largest aluminium smelter in Australia. It is located in the south of Gladstone at Boyne Island on the coast of central Queensland. Along with that, it produces near about 570,000 tons of aluminium per year. Recently they have undertaken a project near the Boyne Island that aims to smelter near about 100 tons of aluminium per day. In order to complete, the project the organization needs a powerful support from their shareholders regarding the financial department. Along with that, the organization also needs to create a proper contract in between the stakeholders and the project management team. Both the parties need to settle their demands based on the contract. Justification of the project and the contract process As the project mainly aims to satisfy the extraction of the aluminium, therefore the project needs to be continued ion a smooth way. The recent percentage of aluminium extraction has been reduced in Australia due to some critical circumstances. Therefore, in order to enhance the amount of aluminium in the society, the project is very much justified. The different manufacturing industries are the main receiver of the aluminium as they mainly tend to create different aspects with the help of aluminium goods. The contract process needs to be fair and transparent. Both the stakeholders need to be aware of the different situations under the contract. Along with that, both the parties need to make sure that their needs do not get hamper, therefore they may do some negotiation in between them. Financial aspects of the project In order to complete the entire project, the project management team of Boyne Smelters Limited needs to make sure one thing that they should have an ample amount of funds in their hand. The proper funding mainly comes from the shareholders. Therefore, Burke (2013) said that, it is necessary for the project management team to make the shareholders understand the every aspect of the project along with the importance of the same. Moreover, the shareholders also need to understand the advantage of this particular project. The entire project is expected to provide a net profit of near about $2 million. Based on that particular assumption the shareholders need to invest in this particular project. Identification of the different project conditions The project management team needs to take certain conditions into their account that may help them to get the project completed in a successful manner. These conditions could be the assumption of the certain factors. One of them is that the project management team would assume that the weather would not be a barrier to the successful completion of the project. Along with that, they also assume that the shareholders would provide an ample amount of money that would be helpful for the project. In order to complete the entire project, the Boyne Smelters Limited needs to select a proper team who can handle the different critical situations that may arise during the project period. The project management team needs to be experienced enough so that they can mitigate the different challenges of the project. First, the organization needs to decide a proper structure of the project management team. The CEO of the organization should be at the top of the chart and hold the entire responsibility of the project. Under the CEO, some of the board members need to be adopted in order to take care of the project. Under them the experienced project management team would work. In order to carry out the entire project, there are certain processes that the organization needs to follow. First, they need to make the people understand about proper objective of the project and have to motivate the workers in order to work positively towards the successful completion of the project (Schwalbe, 2015). After that, the project management team needs to identify the different resources that would be required in order to complete the project. Estimated budget for the tender Walker (2015) said that, the estimated cost of a project can be divided in two segments. One of them is the tangible cost that can be seen. On the other hand, an intangible cost, that could not be seen. The cost regarding the machineries along with the labor wages is considered as the tangible cost. Along with that, the cost of the time management is considered as the intangible cost. Particulars Amount Material cost $1,50,000 Land $2,50,000 Labor cost $1,75,000 Time management cost $75,000 Equipments cost $2,25,000 Tax $60,000 Infrastructure cost $3,00,000 Overhead cost $1,20,000 External cost $1,10,000 Cost regarding weather $15,000 Total $14,80,000 Table 1: Estimated budget for the project (Source: Created by self) Requirement for the project changes The changes regarding the project mainly signify the changes regarding the skilled labors and the management people. Therefore, the management needs to set up a proper backup for the employees. The management needs to provide a proper training to their labors so that they can replace the people who left out from the project. Along with that, the change in the weather is also considered as one of the major changes that may appear during the project (Heagney, 2016). Therefore, the organization needs to use some alternative method that may reduce the life risk of the labors. In addition to that, the technology that the organization use may get backdated as the technology is upgrading day by day. Therefore, Boyne Smelters Limited needs to use the updated set of technologies in order to complete their mining project successfully. Requirement for the quality control In order to conduct the project, Boyne Smelters Limited needs to assure the quality requirements for the project. The quality of the project can be defined in terms of technology that would be used for this project. The main thing that the organization takes into account is the safety and security of the labors. The labors need to be provided with proper equipments that can help them to proper functioning. Along with that, the labors need to maintain a proper time management process that can enhance their performance and make them disciplined. The proper management of time also enhances the quality of the project and tends to complete the project within the deadline. Requirement for the document management Mir and Pinnington (2014) said that, the proper document management is necessary for the large size projects. The documents mainly consist of the proper agreement in between the two entities. The agreement also includes some sort of negotiation regarding the cost of the different factors. Therefore, the project management team needs to assign a person who can handle the different aspects of the documents. Moreover, the budget of the organization also comes under the documentation of the project. The project management team needs to make sure one thing that the project should be completed within the given deadline; otherwise it may be costlier for the organization. Requirements for the disputes The project is prone to have some sort of disputes regarding the equipments and the other different factors. Boyne Smelters Limited needs to make sure that the disputed condition should not arise during the project period. In order to mitigate the disputed issues, the organization first needs to identify the issues. One of the major issues could be the change in the government rules and regulations (Hwang and Ng, 2013). Then the organization needs to cope up with the new set of regulations. Along with that, the use of technology needs to be changed if the recent technology upgrades. Requirements for the safety Safety needs is the main thing that the organization needs to take into consideration. Boyne Smelters Limited should provide their labors an ample amount of safety equipments in order to make their life risk free. The organization needs to provide their employees a helmet, sticks along with the torches. This equipment helps the labors to reduce their life risk. Along with that, the Boyne Smelters Limited needs to provide each employee with a GPS locator, which enables the organization to locat, every employee beneath the ground (Pemsel and Wiewiora, 2013). Conclusion After summing up the entire study, it can be seen that there are ample amount of aspects that the project management team needs to take into their account. The study also concludes the importance of the proper tender that can help a large-scale project to be successfully completed. Along with that, the study also defines the importance of the estimated budgeting that can derive the percentage of success regarding the project. In addition to that, it also detailed the different safety factors along with their importance to the project management. Therefore, it can be said that the project management team needs to be very careful before taking a project into their consideration and the tender process needs to be done in a smooth way. References Burke, R., 2013. Project management: planning and control techniques.New Jersey, USA. Heagney, J., 2016.Fundamentals of project management. AMACOM Div American Mgmt Assn. Hwang, B.G. and Ng, W.J., 2013. Project management knowledge and skills for green construction: Overcoming challenges.International Journal of Project Management,31(2), pp.272-284. Kerzner, H., 2013.Project management: a systems approach to planning, scheduling, and controlling. John Wiley Sons. Mir, F.A. and Pinnington, A.H., 2014. Exploring the value of project management: linking project management performance and project success.International Journal of Project Management,32(2), pp.202-217. Pemsel, S. and Wiewiora, A., 2013. Project management office a knowledge broker in project-based organisations.International Journal of Project Management,31(1), pp.31-42. Schwalbe, K., 2015.Information technology project management. Cengage Learning. Turner, J.R., 2014.The handbook of project-based management(Vol. 92). New York, NY: McGraw-hill. Walker, A., 2015.Project management in construction. John Wiley Sons.