Business strategy Essay Example | Topics and Well Written Essays - 2000 words - 1

Business strategy - Essay Example To start with, political and legal factors such as government instability, taxation law, legislation law, employment law, safety regulation, and foreign policy regulation. It is already been observed that future political decisions, such as alteration to taxes, will affects the trade of these retail businesses. As this is not enough, the retailers have found themselves following safety regulation policies (Carpenter, 2011:74). The report released by Reuters Business Insight shows that retail businesses continue to grow, but economic challenges seem to heighten up. The records on inflation rates, unemployment ratios, collapse of the global economy have characterized the industry. The Reuters have narrowed this trend as resulting in worldwide change in trade economies. The same conclusions carry the load of blame for the resultant changes in the retail industry. Notably, the financial instability affected sales of expensive product and consumer spending rate cut down. During recession, according to Euro monitor Market Research, inflation is inevitable hence affecting the trend in market prices of goods (Amato and Amato, 2012:436). Social factors still pose as a challenge to the Trade Industry. According to Reuters Business Insight, population statistics, lifestyle changes, consumer trends, and income distribution ratings have all influenced the Retail Industry. Even though the inclusion of technology comes as a boost in Today’s world, it has influenced the modalities of Retail Industry. The speed of technology, use of the internet, and innovation of new technologies in everyday business world create a challenge to the Retail Business. This has affected the supply chain since the promotion, and supply chain management links innovative come too quick to some retailers. Majority of them though offer their products through online (Newman & Cullen, 2002:120) Moreover, environmental factors hamper the development of these Retail Industries. Through company repor ts, the issues related to sustainability, environmental protections, desertification, and recycling impede their progress. Competitive Environment The internal competition in the retail industry is inevitable given the existing market and foreseeable innovations. The diversification of the market has rendered it so competitive, and this has seen the installed independent retailers overpowered by the continual rise of chain stores. In order to reach a wide variety of customers, the retailers have resulted in stocking large in these chain stores. This creates a barrier for the beginners. The industry is mature enough in terms of the industry life cycle making it impossible for fresh entrance to survive with the already existing stores. In addition, the power of suppliers has created a relevant competition, especially the bargaining power between retailers and suppliers on prices and supply. The probability of existing retailers taking more from existing and new suppliers is much possi ble as you compare this with any new vendor. Suppliers can easily establish links with existing product manufactures leaving an open chance to the power of buyers on the same product. Because of available alternatives, the buyer is able to go for the best available alternative. This results from standardization and undifferentiated products in the markets leading to lowering of products (LOUIS and Christie, 2012:438). Substitution of product is another way through which competition has entered

Survey Essay Example | Topics and Well Written Essays - 3000 words

Survey - Essay Example This is possible since it obtains data from Google maps and tweeter and thus utilizes them as one. This paper is a summary of a thesis by Mahtab Arafat who proposes the development of a DaaSMashup Model, which will work with multiple DaaS providers to improve efficiency of data extracted from single DaaS Provider while maintaining high standards of privacy. Privacy-Preserving DaaSMashup framework should ensure that different DaaS provider have a platform where they can share data from their database with other DaaS on a secure platform. DaaSMachup systems will be very effective where DaaS provider cannot solely provide consumer’s data requirement. The result of integration of different DaaS providers can result to provision of clients with data high levels of accuracy, efficiency, and reliability. Some of the reasons that cause reluctance to the willingness of DaaS providers to share their data include data quality, privacy concerns, and the ability to match a data request. Cloud based framework for the preservation of the DaaS mashup is critical for enhancing the security of the DaaS providers. This paper is critical in providing information on greedy algorithm to the providers’ of DaaS mashup. In essence, the paper explores the measures of securely integrating the data from many DaaS providers. These providers are critical in preserving the security and privacy of the resultant mashup data. A client may be willing to pay a price for a specific nature of data however the DaaS provider may lack enough data on their database to present to the client. Even with privacy issues put to concerned care should be taken to ensure that the data quality obtained after the integration of the systems is not compromised. The privacy concerns about data involves the fact that private data on respondents being licked. Most organizations are against private data of their getting on to the wrong hands as this poses