Social Media Analytics and features It is the process of applying data (both structures as well as unstructured) from social media sites such as twitter, facebook, Google+ and other such sites for better understanding of customer attitude and behavior. It also serve as an effective tool for business and market research and ultimately for business decision making. The large availability of user-generated data and the links between users leads to the dispersion of useful information, opinions and sentiment as well as emergent issues and trends (Leskovec 2011; Agrawal et al. 2011; Nagarajan et al. 2011) and is referred to as ‘Social Media Analytics’.
In his powerful 2016 essay, “ In the Depths of Digital Age," Edward Mendelsen persuades readers that humans are compelled to constantly change their perception of the world in both positive and negative ways as a direct result of the digital era. Changes caused by the digital revolution are abrupt and overpowering like an unpredictable storm. In consequence of this sudden transition and the development of the smartphone, people’s lives have become progressively public and accessible. The younger generation(s), especially, have a different understanding of privacy, and thus are prominently the ones to expose themselves on social media and the rest of the virtual world. Furthermore, not only are the physical aspects of people’s lives willingly being put on display, but also the emotional, making the society more vulnerable and permeable.
This digital global marketplace connects individuals in fulfilling their needs and also becoming part of the foreign exchange market; transferring money from one currency to another through online payment services. Kvochko also talks about business innovation in her article, which is a direct result of the connectivity that ICT provides throughout the
Chapter 1. Introduction The transportation, e-commerce and business services are very competitive and sensitive to price and quality of service. FedEx not only faces competitors from international companies that perhaps subsidized by foreign government, but also competes with regional companies that operate smaller but each has competitive advantage which would in turn reduce FedEx’s revenues and market share. For example, according to reuters.com.UPDATE 2-Deutsche Post banks on emerging markets, e-commerce. 02 April 2014.
Given the competitive dynamics of your current industry (your employer), which of Porter’s competitive strategies is likely to be most successful? For us specifically, I think are in a vulnerable position. However, the real estate that we own is hard to lose. There are threats of substitutes is high as our renters (shops like Wal-Mart and Ross) are facing constant pressure from online retailers. Therefore, we have positioned and balanced our tenants in such a way that it’s hard for online firms to replace them.
The world as we know it today is dynamic in nature, and technological advancements and the use of social media has facilitated the re-shaping of the way the society deals with things. In other words, we now thrive in a connected world. Social media such as Facebook, Twitter, Instagram, YouTube, LinkedIn, and Snap-chat practically drive everything in our society, and the usage continues to grow. For instance, employers now look to get some insight on candidates they are trying to recruit by viewing their social media pages. Because the world is so connected in terms of communication, and the availability of information at our fingertips, many issues have surrounded employers’ use of information posted by job applicants on their social networking sites as the basis for hiring or hiring them.
Recruiters and HR partners are constantly turning to social media to market their companies to prospective applicants (Laick & Dean, 2011). This trend is called “social hiring” and it is largely driven by the millennials who are constantly changing jobs. According to (Schramm, 2016) 54% of recruiters use Facebook, 8% use Google+ and Youtube; and 4% use Pinterest. Social media usage does come with its own risks, however companies have recognised that social media does come with a lot of benefits including effective marketing, internal and external
The environmental and political factors of European and UK governments influences the performance level Tesco. According to the legislations of these countries, the organisations have to recruit local peoples for different positions in the organisation. The local business operation of Tesco is affected greatly by this amendment. The increasing graph of the interest rate is a serious issue for the organisation. The increasing interest rate adversely affecting the business operation cost.
v) Entry by rivals Although rivals can enter the market of Amazon, the company has already reached the biggest global marketplace and there are many visitors to its website. b) Value chain model analysis Value chain refers to the activities which create value and competitive advantage for a company. For Amazon, these activities are shown in the model below; Amazon value chain model by Dudovskiy, J. (2017) Activity Explanation In-bound logistics Amazon uses the Fulfillment by Amazon (FBA) and takes responsibility for customer service, logistics and returns. Operations Amazon
Some ports can be valuable players in the national economy and the loss of important customers could have a big ripple effect on employment and local income 5) Bargaining Power of Service Providers The final force shaping the competitive landscape of port reform is the bargaining power of port service providers. Various groups and operators often have the ability to exercise control over the port by threatening to cancel services. a) Experience and Capabilities of Service Providers: Experience and the capabilities which are unique that the service provider brings to the port are a factor determining the bargaining position. The greater these capabilities, the more is power the service provider has in dealing with the port. b) Participation in Facility Financing: A service provider who participates in the financing of an activity is in a better bargaining position than one who does not.