Technology has an important role in business operations, growth, and competitive advantage, and mobile applications are some of the aiders of technological growth in the business industry (Kumar 72). This study explores the extent of technology in Ernst & Young LLP focusing on the mobile applications in areas of communication, presentation building, and providing data. This is sought to explain the way mobile apps support smaller and larger operations within the company. Some of the mobile apps used in the company include EY Canvas, Facebook, and Twitter. The company acknowledges the digital revolution, which has drastically changed the way people do business. As a result, the company uses technological provisions like mobile apps to interact with customers, employees, and suppliers. The digital proliferation of products is an important component of technology that the company gives sufficient weight in scaling up its access to the market. EY Canvas EY Canvas is a mobile application made and launched by Ernst & Young to be used in the company and similarly be sold to other organizations to help them in managing their audit operations. According to EY News (1), EY Canvas works with the EY global audit platform to enhance its capability to support audit professionals globally. The app supports the audit professionals to …show more content…
It also offers the best opportunity for feedback from the customers so that different departments can make adjustments in regards to the market demand (Cocheo 30). The use of technical provisions in this regard helps the company to upscale its competitive advantage. Through Twitter and other social media platforms such as YouTube and Facebook, customers are able to get real-life experience with the company. The company ensures consistency in what it shares online, which makes it a better performer as far as customer engagement is
The application of social media is one of the technological factors that have led to the growth of the organization. The company has now turned to the use of the internet to conduct its marketing activities. The company also banks on mobile technology to reach more
on May 20, 2002, the Securities and Exchange Commission (SEC) announcedproceedings against Ernst & Young (EY). The case reaches back to the years before EY 's consulting practice was sold to Cap Gemini. It involves alleged independence violations due to product sales and consulting fees related to PeopleSoft software, while PeopleSoft was an EY audit client. The SEC alleges that EY and PeopleSoft co-developed and co-marketed a software product called "EY/GEMS for PeopleSoft. " These allegations focus on EY 's use of components of PeopleSoft 's proprietary source code in software previously developed and marketed by the accounting firm 's tax department.
Bank of America: Mobile Banking This essay is based on the case “Bank of America: Mobile Banking” which is dated on May 2012. We will first present benefits mobile banking provide to consumers and highlight reasons why many consumers haven’t adopted mobile banking yet. Furthermore, we will look into Bank of America motivation to offer mobile banking to its customers and review associated costs and risks of mobile banking implementation. Then understand what lessons can the bank learn from its online banking operations and analyze costs and benefits of having customers migrate to online banking.
. Introduction John James Sainsbury and Mary Ann, his wife Sainsbury founded Sainsbury’s, pioneer of the self-service retailing concept in the UK in 1869 with a shop in Drury Lane, London. The company has become the largest grocery retailer in 1922. At present times Sainsbury’s is one of the second largest chain of supermarkets in the UK with a market share of the UK supermarket sector of 16.9% and the holding company, J Sainsbury plc is split into three divisions. The vision of the company is to be the most trusted retailer from where people will love to work & shop.
Samsung implements the strategy of “ Red Ocean;” which shows that a firm gains competitive advantage by venture into the current market and constructing on the weaknesses of other competitors in the field of similar products. Thus, Samsung“floods the market with many products” which are made by other companies within short duration of time ( Travos,2002). It seems that Samsung made these new products through developing many of manufacturing products of its Smartphones. However, such attitude is considered to be as a massive cost advantage over other firms that make such product. Samsung has improved its “competition position internationally through developing its present competitive strategies” , through depending on the other manufacturers`
Facebook, Twitter and Youtube are currently the top social media sites businesses use. The benefits to using any type of social media are that many of them are free to use, have a large audience, allows interactions with customers which can improve customer satisfaction and increases traffic to the company’s website. Costco using any of these types of social media networks would be greatly beneficial for their company if they are performed in a professional
Therefore a marketing strategy is a tool that is used to determine what the customer wants and use the resources available in the organization to meet that need. Apple Inc was incorporated in 1977 and is headquartered in Cupertino, California, USA. They design, manufacture, and market personal computers (Mac), mobile communication (iPhone) and media devices (iPad), and portable digital music players (iPod), and sells related software, services, peripherals, networking solutions, and third-party digital content (iTunes) and applications (App store). All of these are top revenue generating product lines (Hellman, 2014). This report will look at the internal and external environment and current situation at Apple Inc and determine the segmentation, targeting and positioning for their iPad tablet for the Kenyan market.
The smaller and more powerful the customer base is on Twitter, Inc. the higher the bargaining power of the customers and higher their ability to seek increasing discounts and offers. How Twitter, Inc. can tackle the Bargaining Power of Buyers • By building a large base of customers. This will be helpful in two ways. It will reduce the bargaining power of the buyers plus it will provide an opportunity to the firm to streamline its sales and production process.
INFORMATION Social media has to be one of the greatest developments of human history. It has connected humanity like never before. It has changed the way that people do business, with companies providing their own social media accounts to interact in real time with customers. We can quickly see what’s going on in our communities and around the world.
Introduction In this new era of internet, computers and cell phones play a vital role in business. The growth of technology is in its highest pace. Marketing and communication techniques also changed with the technology. With the growth of Internet, online social Medias have become important communication channels and also virtual communities have emerged.
The message appeals are also important as it will highly influence the attatude of the viewer and affect the buying decision. However, the company should take under the consideration the importance of the relationships marketing, therefore the direct marketing tools such as mobile marketing can be used to get more personal effect with the consumer. The online social networking is a create tool that is able to encourage the consumers to engage with the brand, especially when the target audience is the youth because they are the highest users of the Internet. However, in order to achieve the maximum success the companies must integrate the
If students go through school using Apple products, they become comfortable with the interface and commonplace with the superior performance the brand offers. By creating this early exposure, Apple captures consumers before they even know that they are consumers. Products That Deliver: Apple cautiously considers what customers are looking for, so its products are a consequence of both extensive research and powerful styling. This meticulous planning is a huge contributor to Apple's high consumer- contentment rates. It's plain and simple: Robust and easy-to-use products not only make your consumers pleased, but too make them want to purchase extra products from you.
Communication Technology Technology has changed our lifestyle and is continuing to alter it. Every aspect of our life has been somehow touched by technology. However, technology has made a significant impact on the way we communicate and new communication technologies are continuously improving and being used in everyday life. It has become an essential part of most our lives because we, as a human species, have always had this deep desire to communicate, and to communicate over distance. The obstruction of connecting two regions has drastically decreased due to the fact that we now have mobile phones, Internet, and social media to make life easier.
In the market, we can purchase refrigerators, washing machines and other devices with enabled with touchscreen displays. This will make more convenient and human lives easier. For example, imagine a washing machine washed the clothes and dries it for you when you got into the washing room- ordered by a human through the phone. 3. Smart Lighting controls: Turning on and off the lights were done by using a smartphone or automated system.
While consumers can contact the companies at any time through their official websites, thanks to social media, companies are now able to contact the consumers at any time. This opportunity for communication can be advantageous for both consumers and marketers; for instance, consumers can announce their demands and grievances or marketers can get consumers’ opinions about their new products before their release into the