I will pay for the following article The sub‐prime crisis. The work is to be 14 pages with three to five sources, with in-text citations and a reference page. taking their toll on the modern economies however with prudent monetary policy and effective risk management practices, the future episodes of such nature may be avoided.

Getting consumer credit through various financial institutions especially banks requires consumers to maintain a certain degree of credit rating in order to qualify for those loans. Unlike large corporate companies, consumers or rather individuals pose a different challenge and dynamics to financial institutions to cater their needs for credit and formal funding requirements of these individuals. It is because of this reason that various banks and financial institutions have developed their internal rating methodologies which they assign to various consumers asking for credit. Banks than through their internal as well external credit scores or ratings decide to whom they should provide the credit. These criteria of credit rating often are designed to be tough since Banks in order to avoid defaults, tighten their criteria to extend the credit to these customers. However, due to increasing needs of those customers, whose credit history or their credit ratings do not fall under the criteria laid down by the banks, banks try to accommodate them also. Sub-prime lending is the part of that phenomenon.

“Sub-Prime lending typically has been characterized as lending at relatively costly interest rates and fees to credit impaired or otherwise high risk borrowers.”Error: Reference source not found. Subprime loans are among the newly popular mortgage products, such as interest-only loans, for people with strained budgets, including first-time buyers. Homeowners increasingly use them to refinance and consolidate household debts when their credit scores fall in the wake of bankruptcy, high medical bills, or other setbacks.Error: Reference source not found.

 

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I will pay for the following article The strategy of Unrelated Diversification on the Example of Xerox. The work is to be 2 pages with three to five sources, with in-text citations and a reference page. Xerox Corporation is a multinational document management firm involved in the production and selling of printing related products and other services. It was founded in 1906 and produced the first plain paper photocopier and became one of the leading manufacturers and suppliers of document management products and services. Its breakthrough during recent times came during the 1990s when the company started to refocus and especially went on to redevelop its focus on product orientation. It was also during this period that the firm has seriously started to look for expanding into other related and unrelated businesses.

Historically, Xerox has been a hard copy company means it supplied products and services which were related with hardcopy, however, over the period, it has opted out of this business segment and is now also generating revenue from the non-hardcopy business segment. This unrelated diversification, therefore, has allowed the firm to increase its revenue and profitability.

It is, however, important to understand that unrelated diversification can benefit the firm it has the requisite expertise in management to strengthen the business. If management does not have the expertise and skill to support new business, it may become relatively unsuccessful and risky to engage in unrelated diversification activities.

Xerox has ventured into the financial services industry also which was a completely different business line than its traditional business. It, however, failed to sustain the business and was forced to divest from this due to a lack of knowledge and expertise to manage this business independently. (Business Week). Not having relevant skills and knowledge to manage a business that does not fall into the domain of senior managers, therefore, may be one of the key risks faced by firms like Xerox.

Over some time, Xerox has changed its orientation and has now become more of a service provider rather than a solution and service provider. It has acquired a business which operates into outsourcing and service provider of document management services.

 

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I will pay for the following article The Story of Stuff. The work is to be 1 page with three to five sources, with in-text citations and a reference page. Planned obsolescence is whereby factories make some goods using toxic materials and bring them to the market. Their aim is to dispose of the toxic materials easily as they gain profits. According to the video, only this type of obsolescence is excellent in throwing 99% of the industrial toxic materials (Leonard). Perceived obsolescence is whereby a company makes stuff looks new and attractive. They do this through advertising. They come up with certain advertising strategies making the products look more fashionable compared to the current ones.

Personally, I think the two types of obsolescence are true and real. There are certain products available in the markets that are not needed, in any way, due to their low quality and price. This may probe a question on how such products were acquired. Therefore, I believe that such products are as a result of planned obsolescence. Some popular products that look appealing to the eye due to constant advertisement are not always satisfactory or good during consumption (Leonard). This is a similar case to the mentioned golden arrow. It looks nice but can easily affect the life of a person or kill.

The solution to this is by having a real government that is responsible and concerned about the citizens’ lives. From here, we can move on by throwing all the disposals away to ensure that nothing is destroyed. Finally, we will put the system of production, extraction, consumption, and distribution together, in order to form a continuous or constant circulation system. From the system, we’ll get equity, sustainability, zero waste and closed-loop of production.

Work Cited

Leonard, Anne. Story of the stuff. California, 2007. Film.

 

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I will pay for the following article The Similarities Between Hotmail and Mozilla. The work is to be 2 pages with three to five sources, with in-text citations and a reference page. Research on Different Email Service Providers Knowing Hotmail and Mozilla Thunderbird! According to Wikipedia, “Hotmail is a free web-based email service operated by Microsoft as part of its Windows Live group.” The four letters H, T, M and L in the word ‘Hotmail’ are usually capitalized to indicate “HTML”. HTML is the language used by the World Wide Web for encoding. Moreover, Hotmail has some wonderful features which allows users to share multimedia in the form of pictures, videos etc.

On the other hand, Mozilla Thunderbird is also a free email client and is owned by the Mozilla Foundation. Mozilla Thunderbird was released in 2004 and received an excellent response from the technology savvy people. Within the first ten days of its initial release, a million people downloaded the new email client. (Wikipedia)

As far as the similarities between hotmail and Mozilla thunderbird are concerned, they are quite few in number as Hotmail leads Mozilla in the market for email client. First, both hotmail and Mozilla thunderbird are supported by 36 languages. These are two of the very few email clients that are offered in so many languages. Also, both hotmail and Mozilla thunderbird have themes which give users the power to control the appearance of the respective accounts. Furthermore, both are supported on multiple operating systems and both support POP3 and IMAP4 protocol.

When we contrast Hotmail and Mozilla Thunderbird, we find out that the number of hotmail users is too many when compared to Mozilla thunderbird. Part of the reason for this is the earlier launch of hotmail. Furthermore, Hotmail has more features than Mozilla Thunderbird. Examples could include the integration with different programs such as MSN Messenger. This is a service whereby users can see which of their friends are online while logged in to their hotmail accounts. Furthermore, Hotmail also has an audio player to play audio files and it also includes a spell checker. One of the most exciting features about Thunderbird is the fact that it allows users to view email messages from other email clients such as Hotmail, Yahoo, and Gmail etc.

Email Protocols: POP3 and HTTP Email

POP stands for Post Office Protocol. The addition of the number 3 indicates the third version, which is also the latest. POP3 is a standard internet protocol that helps to retrieve an email message. On the other hand, IMAP stands for Internet Message Access Protocol. The number 4 in front of the symbol ‘IMAP’ indicates the fourth version.

Both POP and IMAP are the most widely used protocols to retrieve email messages and most of the email clients support both POP and IMAP. Also, both POP and IMAP support offline operation. Moreover, both POP and IMAP rely on the SMTP to send messages and can only access received email messages.

There are major differences between POP and IMAP. POP is an older protocol and is much simpler to understand than IMAP. At the present moment, POP is the most dominant protocol in use. In contrast, IMAP has an added advantage over POP as it processes MIME messages much more efficiently than POP. Furthermore, IMAP has got faster response times than POP. Also, IMAP4 clients have the option of moving messages between mailboxes, unlike POP. In short, POP is dominant at the moment, but the trend is changing as people understand the new features brought up by IMAP4.

References

1. (2009). Hotmail-Wikipedia [WWW Page]. http://en.wikipedia.org/wiki/Hotmail

2. (2009). Mozilla Thunderbird-Wikipedia [WWW Page]. http://en.wikipedia.org/wiki/Mozilla_thunderbird

3. Gray, Terry. University of Washington. (n.d.). The IMAP Connection-Comparing Two Approaches to Remote Mailbox Access: IMAP vs. POP [WWW Page]. http://www.imap.org/imap.vs.pop.brief.

 

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I will pay for the following article The Regal Marine. The work is to be 2 pages with three to five sources, with in-text citations and a reference page. 1. State Regal Marine’s mission in your own words.

The Regal marine has the mission of becoming the unique luxury boat service provider in the world. The firm wants to provide innovative facilities to its customers. They want their customer to enjoy high quality service from their part. They want to expand their business successfully worldwide. They have a mission to increase the quality of their service and business. Their mission is providing quality service to the customer and last as a successful business in the world market. They have the mission of value, quality and satisfaction. They want to be profitable in a business with honesty and integrity.

2. Identify the strengths, weaknesses, opportunities, and threats that are relevant to the strategy of Regal Marine.

Strengths -The strengths of the firm are that it concentrates on innovation which can attract high class customers. The concentration on quality service can keep customer loyalty and brand identity. The connection with large number of supplier is an advantage which can avail them with products at cheaper price. This can also increase their profitability .All these factors make the strategy perfect for brand positioning.

Weaknesses -The weakness is that the firm concentrating on high range super boat markets. Also this strategy demands high investment.

Opportunities – They can target on a middle class customer by making cheaper boat and look out for wide range of customers. They can also opt for materials which are cheaper and take less production and design time.

Threats – The business is fun based and hence can be face problems during economic crisis. During such occasions people spend less on leisure and recreation.

3. How would you define Regal’s strategy?

The firm has chosen differentiations strategy which provides unique service different from their competitors. They want to provide value for what the customer is paying for and the quality expected is the best.

4 .How would each of the 10 operations management decisions apply to operations decision making at Regal Marine?

Location – The firm is placed in Orlando, Florida which is United States. The country has high market for the service provided by the company. United States being a richest country has high concentration of wealthy people. Also the country is a tourist destination which gives much opportunity for the luxury boat service.

Quality – The firm provides luxury boats to its customers. People always look for quality service and products when it comes to leisure and tourism. So it is a high priority among customer who looks for luxurious experience.

Product – The Company has designed, manufactured and marketed 22 boats which mean the business will take place on an expanded form.

Processes – The firm has taken initiative to bring in versatility in production process. Each model is unique and is manufactured in a different assembly line.

Inventory – The firm has good inventory and efficient distribution channels.

Layout – The Company has manufactured each model in different building.

Purchasing – The Company has 120 dealers in United States and 40 in other countries.

 

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