Case Study Of Artificial Intelligence - 849 Words

The top three points in the case are to show the attributes of Artificial Behavior, the process of development using virtual technologies, and the benefits of virtual technology. Artificial intelligence is developed as a way to make peoples lives better, lessen workloads of humans, and improve work experience as well (Xiuquan Hongling, 2017). This case study, Artificial intelligence (AI) technologies are being used in a variety of ways to improve the decision support provided to managers and business professionals in many companies (OBrien, 2011). Kimberly- Clark Corp has created a studio to study products and envision their display when produced. Some attributes that this case study is trying to point out is how Artificial†¦show more content†¦The concept of using the virtual technology to approve new products is revolutionary because it will allow a company the opportunity to produce more items with a greater success rate because it has been tested. Three companies who could learn from this case would be Blockbusters, Radio Shack, and Polaroid. Blockbuster was a company that rented and sold movies. I remember Blockbuster when I was a little girl. I remember how I would love to always go on Friday for a good movie. As times changed, Blockbuster was unable to keep up with companies who came about with a more convenient way to rent and enjoy movies through technology. Blockbusters could have learned the power of staying aware of new ways of doing things from this case study. Blockbuster could have linked with a company like Kimberly-Clark Corp. to create a virtual store or movie box that would be more befitting to the new times. Also, if Blockbusters would have test different options via the computer or television, I am sure they would still be open today being that they were a business that had been around for some time and had a big following of customers. Customers, like myself, would have selected them over Netflix and Red Box any day. Blockbusters could have even followed the way of competition and would have succeeded of f of their name alone if only they used Artificial intelligence to advance the brand. Polaroid is another brand I loved as a child. Polaroid could notShow MoreRelatedThe Effect Of Artificial Intelligence On The Medical Industry1097 Words   |  5 PagesInfluence of Artificial Intelligence in the Medical Industry Artificial intelligence is defined as the development of computer systems to perform tasks that normally require human intelligence. In the scientific industry, artificial intelligence is used to assist surgeons in surgery, called robotic surgery and is most likely to become the most dominant form of surgery. Robot assisted surgery has been prevalent for about ten years now, and is becoming popular in many industries. From an aeronauticalRead MoreComputer Vs. 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Inclusion Of Students With Disabilities - 1252 Words

I am extremely in favor of inclusion of students with disabilities. Inclusion can be defined as an option in which the education of a child is taken into consideration. For example, it involves the students with disabilities pursuing most or all of their education within an ordinary school setting with their other classmates that do not have disabilities. Inclusion has many objectives, but the most important objective of inclusion would definitely have to be in that it is a program that supports children with special needs having equal educational conditions. Inclusion attempts to accomplish this by giving those students various resources that will help them succeed in school, such as greater access to the general education curriculum.†¦show more content†¦Students with disabilities should feel that they belong in the classroom. They should not feel like if the school and teachers are doing them a favor by letting them be in the regular classrooms. They should feel lik e they belong there. I agree with the two initiatives that were started in 2002 and 2004. They are The No Child Left Behind Act (NCLB) and the Disabilities Education Improvement Act (IDEA). Thanks to the start of those two initiatives many students with disabilities have positively benefited. Those initiatives have enable them to receive the majority of their instruction in a general education setting. There has been a trend that researchers have noticed that is occurring. In the last ten years, there has been an increase in educating the students with disabilities in the general education settings. There has also been a trend in the teachers being prepared to work with all types of students (McCray, 2011). From what I have learned from the teacher preparation program in my university, I feel slightly prepared to work with students with disabilities. I have learned many things such as different methods to accommodate those students with disabilities. In the various courses, I have learned many important techniques to help students with disabilities. For example, I have learned that I need to try various alternatives such as scaffolding and differentiating

Free Essay Home Depot History and Business free essay sample

First of all, I would like to thank you for giving me the honor to analyze your well organized and developed company. In this memo, I am going to discuss the strategic factors facing Home Depot, the strategies that the company has been following for the past years, and the distinctive competency Home Depot attain. Also, I am going to give my recommendations and opinion. Some of the strategic factors that Home Depot faces are related to product quality, price, advertising, store capacity, competitors, and customers independency and satisfaction. Most of these strategic factors helped in the growth and popularity of Home Depot. Home Depot offers good quality products such as home improvement products, lawn and garden supplies. Installation services for these products are offered too. Home Depot like Wal-Mart Company offers low prices everyday. Operational efficiency had been a crucial part of achieving these low prices while still offering a high level of customer service. The company assesses and upgrades its information to support its growth, reduce and control costs and enable better decision-making. From the installation of computerized checkout systems, to the implementation of satellite communications systems in most of the stores, the company had shown that it has been and would continue to be innovative in its operating strategy. In year 1994 Home Depot introduced a prototype store format that offered about 32,000 more square feet of selling space and a significantly broader and deeper selection of products and services, as well as a more convenient layout than the traditional stores. These Type (V) stores were designed around a design center, which grouped complementary product categories. Therefore, this wide store capacity enabled Home Depot to stock like 40,0000 to 50,000 products in each store. I think that this is a very good strategic factor that enables the store to offer a wide variety of products. Lowes is the main competitor against Home Depot. Both companies have big stores, and many products. But Home Depot is still number one. Mike Brune from the Rainforest Action Network declared that Its been a busy month for us all as we attempt to find out the implications of the Home Depot victory on the entire DIY (do-it-yourself) industry, get the all important details of Home Depots new policy, and actually determine to what degree the new policy is a victory at all. The short answer is that there is a lot of good news, with some large question marks. Home Depots announcement, and the extensive press coverage it earned, sent shockwaves through all of Home Depots competitors. (Mike Brune. Important Update on Home Depot and Competitor Policies. Retrieved October 5, 1999, from http://forests. org/archive/america/compdebo. htm). Home Depot has stores all over the map nationally, and is expanding worldwide. It recently put competitor Hechinger out of business, and before that Builders Square. (Rob Landley. A Case for Home Depot. Retrieved January 14,2000, from http://www. fool. com/portfolios/rulemaker/2000/rulemaker000114. htm). Congratulations on being number one in your industry. I would like now to discuss the reasons behind this success for year 2002 . I think that the strategies that you and your employees are following and the great customer service are leading to the growth and success of your company. Home Depot uses a clustering strategy to locate new stores closer to existing ones. The short-term effect is to lower same-store sales. On the other hand, this strategy can create a strategic advantage by raising the barrier of entry to competitors. It reduces overcrowding in the existing stores. It also allows the company to spread its advertising and distribution costs over a larger store base. I think that this strategy led Home Depot to have fewer competitors, and lowered the distribution cost. On the other hand, opening too much stores increase the expenses from equipments, products and employees. Even if, the company can afford to open all these stores, I do not think that the company should open many stores in one area. Another strategy that your company is following is focusing on customer service and satisfaction or what is referred to customer cultivation. Customer cultivation is the result of the provision of highly qualified and helpful employees, professional clinics and in-store clinics. When the company was faced with clogged aisles, endless checkout lines, and too few salespersons, it sought creative ways to improve customer service. Workers were added to the sales floor, shelf stocking and price tagging were shifted to nighttime, when the aisles were empty. Therefore, the availability of sales personnel to attend to customer needs was one clear objective of the Home Depot customer service strategy. It gave the DIY (Do It Yourself) customers the support and confidence that no home project was beyond their capabilities. Home Depot attitude of complete customer satisfaction has led the company to constantly seek ways to improve customer service. I think that this strategy is great and was worth all the expenses because the employees were free to sell during the day and focus more on the customers needs. It the good experience that brings the customer again and its the word of mouth that brings other new customers, therefore, customer satisfaction is the most important strategy that any company shall follow. The third strategy that you company is following is focusing on extensive advertisement. In year 2002, Home Depot spent $895 million on advertising, 9. 5 percent more than the $817 million it spent in 2001 and 24 percent more than the $722 million it spent in 2000. Home Depot is one of the nations largest retail advertisers and spends far more on advertising than comparable stores. Home Depot spent nearly eight times as much on advertising in 2002 than its nearest competitor, Lowes Cos. Lowes, which has just half the annual sales of Home Depot, spent about $114 million on advertising in year 2002. Jim Lovel. Home Depot ad spending $895M. Retrieved April 25, 2003, from http://www. bizjournals. com/atlanta/stories/2003/04/28/story1. html). Therefore, extensive advertising is giving Home Depot a distinctive competency against other companies in the same industry. These strategies are implying higher expenses in order to be achieved, especially the huge expenses on advertising. I would l ike to make a comparison between two most growing companies in the USA (Home Depot and Wal-Mart) . In 2002, Home Depot spent 32 percent more than Wal-Mart Stores Inc. , the worlds largest retailer. Wal-Mart with annual sales almost five times higher than Home Depots spent $676 million on advertising last year. (Jim Lovel. Home Depot ad spending $895M. Retrieved April 25, 2003, from http://www. bizjournals. com/atlanta/stories/2003/04/28/story1. html). Therefore, the more money you spend on advertising, does not lead to increase in annual sales but it leads to increase in expenses. Even though, the extensive advertising made this company have a distinctive competency against other companies but Home Depot spent $ 895 million on advertising and Lowes company spend only $114 million. It is true that the annual sales of Home Depot were more than half than Lowes but Home Depot can lower its expenses of advertising to 5 times and can still be able to compete with Lowes company. So, the main question for you is that can you plan a strategy that does not require higher expenses? I am not implying that these strategies are not working but I think that there should be a strategy that keep the company growing but at least lower the expenses. Net Sales had increase 10. 5% year 2003, comparing to year 2002.

Essentials of Finance and Accounting

Question: Discuss about the Essentials of Finance and Accounting. Answer: Introduction: The set up of ASOS happened in the year 2000 with the headquarters located in London. The company has crafted a place for itself in the industry by catering to the tastes of youngsters in terms of fashion. It is popularly known as the fashion point where fashionable stuffs are available. The company has a giant reach as it offers over eighty thousand brand and high end products through mobiles and web services. As per analysis of the annual report it is seen that the company recorded a strong growth in sales that surpassed twenty percent in comparison to the figure of eight percent (ASOS, 2015). The international sales also witnessed a jump of over ten percent. This is entirely by dint of technological improvement and developments made in each year. The company strives to attain the topmost position. Ratio analysis Profitability Ratio The profitability ratios are the ratios which help to determine the level of expenses and profits of a company. These ratios evaluate the companys profit generating levels, by comparing the gains and expenses based on various metrics (Christensen, 2011). Return on assets: the return on assets ratio help the investors calculate and measure the performance of assets in terms of profits generated by the company. This ratio calculates the assets efficiency in earning profits (Christensen, 2011). Higher the ratio, better it depicts the utilization of assets. Following is the formula which is used to calculate the return on assets. Return on Assets for ASOS Return on Assets 2015 2014 2013 2012 2011 Net Income 36,866 36,950 40,928 9,904 10,849 Assets 4,77,897 3,79,963 3,11,751 2,06,278 1,36,168 Return on Assets 0.08 0.10 0.13 0.05 0.08 Gross Profit Margin: It denotes the profit made by the company after the cost of goods sold. For the computation COGS is eliminated and then the computation is done. Higher percentage is a good indicator and helps in providing a better result (Needles Powers, 2013). The Gross profit for ASOS for last five years is: Gross Profit Margin 2015 2014 2013 2012 2011 Gross income 575000 485000 399000 252000 167000 Sales Revenue 11,50,788 9,75,470 7,69,396 2,38,023 3,39,691 Gross Profit Margin 49.97 49.72 51.86 105.87 49.16 Liquidity Ratio: Liquidity refers to how quickly the company can have access to cash. In order for smooth functioning of a business, company needs to maintain a proportion between its liquid and non-liquid assets. The companys ability to meet with its obligation in due time is calculated with the help of these ratios (Libby et. al, 2011). Quick Ratio: this ratio is a better indicator as compared to the current stock because the inventory part is eliminated at the very beginning and stock is not sold to repay the money. A standard quick ratio denotes 1:1 (Merchant, 2012). This ratio indicates that the funds must be adequate to repay the dents or obligations. The Quick ratio for ASOS is given below: Quick Ratio 2015 2014 2013 2012 2011 Current Assets Stock 143 100 90 48 45 Current Liabilities 237 186 152 100 90 Quick Ratio 0.5 0.48 0.592105 0.537634 0.603376 Efficiency Ratio: as the name suggest these ratios are used to determine the efficiency of the company in terms of figures these are determined using the various incentives given by the company to its shareholders like dividends, bonuses, stock appreciation, etc. (Choi Meek, 2011). These ratios help the investor compare between two or more companies of the same industry. Earnings per Share: the earnings per share are calculated by dividing the total earnings of the company by the weighted number of equity shares of the company (Melville, 2013). These help the investors determine the gains made by the company per share issued to them. The earnings per share of ASOS Plc are: Earnings Per Share 2015 2014 2013 2012 2011 Total Earnings attributable to owners 36,866 36,950 40,928 9,904 10,849 No of Shares 83,034 83,125 81,751 79,078 74,375 Earnings Per Share 44.40 44.45 50.06 12.52 14.59 Solvency Ratio: the solvency ratios help us to analyse the capital structure of the company. These ratios calculate the relationship and weight age among various sources of funds which are used in the business, as the cost of capital plays a very important role in the development of the company (Melville, 2013). Debt Equity Ratio: Debt equity ratio is the ratio between the total funds of the company with respect to total equity funds. This ratio helps to determine the ratio of outside funds used in comparison to owned funds. Some companies operate better with loan high loan funds whereas some not (Deegan, 2011). The equity ratio of ASOS for last five years is: Equity Ratio 2015 2014 2013 2012 2011 Total Equity 2,37,315 1,93,031 1,59,799 1,05,987 72,120 Total Assets 4,77,897 3,79,963 3,11,751 2,06,278 1,36,168 Equity Ratio 0.50 0.51 0.51 0.51 0.53 Price Earnings Ratio of ASOS Plc International Limited: In order to calculate the PE ratio for ASOS Plc International Limited, we are required to collect some information - the price of the shares of the company and its last reported earnings. Using various sources the following data was collected, It can be interpreted that the investor is willing to pay a price that is 18 times the EPS of the company. Share Price movement of ASOS Plc during the year 2014-15 The following graph shows the share price movement of ASOS Plc during the year 2014-2015. It is clearly visible in the graph below that the share price of the company ranged from $ 3.3 to $ 2.7 during the year (ASOS Plc, 2015). No major or sudden movement in the stocks of ASOS Plc was witnessed. Therefore, we can say that the shares of ASOS Plc not highly volatile (Fields, 2011). Analysis of ratios of ASOS PLC The important ratios of the company are already given above. Further the important areas of the company will be put to discussion. Profitability- From the profitability ratio it is evident that the company has made significant achievements. The net profit margin has enhanced from 3 to 5 percent, the highest report was seen in the year 2013 here it clocked near 5%. The return on net assets is stable and is projected to have a strong performance with each passage of time. This report was highest in the year 2013. Liquidity In order to determine the state of liquidity we have calculated the current ratio of the company. The most appropriate liquid ratio for the company is 2. The current ratio is around 1.5 that is not efficient; however it is not harmful for the company. The liquidity is in a moderate state (Northington, 2011). Efficiency The efficiency of ASOS has been ascertained considering the EPS of the company. A good improvement is seen in the EPS of the company in the past five years. The company has correctly. The EPS of the company has enhanced by dint of higher profit and this has strengthened the company. Investment: the investment refers to the capital structure of the company. ASOS structures entirely on equity and does not contain any element of debt. Every activity of the company is supported by the funds raised through issue of shares. The solvency part is balanced by the capital structure of the company (Northington, 2011). The equity ratio of the past five years projects that ASOS has a stable position in terms of equity structure. The company has properly maintained the investment pattern in shares and the equity ratio of .50 is an apt example of the performance. Conclusion As per the research and financial analysis it can be commented that ASOS Plc has shown an impressive run considering the fact that its existence pertains to 16 years. It has attained huge success in a very short span of time. The management policies prove that the strength of the company is strong and fundamentals are justified. Therefore, it should be on the radar list of the investors as it is having a strong run and clocking better results. Moreover, the ratios are in tune with the performance of the company and near to the industry standards. References ASOS 2015, ASOS Annual Report and accounts 2015, viewed 17 August 2016, https://www.asosplc.com/investors/results-reports/2015.aspx Choi, R.D. and Meek, G.K 2011, International accounting, Pearson . Christensen, J 2011, Good analytical research, European Accounting Review, vol. 20, no. 1, pp. 41-51 Deegan, C. M 2011, In Financial accounting theory, North Ryde, N.S.W: McGraw-Hill. Fields, E 2011, The essentials of finance and accounting for nonfinancial managers, New York: American Management Association. Libby, R., Libby, P. Short, D 2011,Financial accounting, New York: McGraw-Hill/Irwin. Melville, A 2013, International Financial Reporting A Practical Guide, 4th edition, Pearson, Education Limited, UK Merchant, K. A 2012, Making Management Accounting Research More Useful, Pacific Accounting Review, vol. 24, no.3, pp. 1-34. Needles, B.E. Powers, M 2013, Principles of Financial Accounting, Financial Accounting Series: Cengage Learning. Northington, S 2011, Finance, New York, NY: Ferguson's.