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revew_of_Finished_Order_4005830_1.docxRunning Head: ECO-PHONE SMARTPHONES 1
ECO-PHONE SMARTPHONES 3
ECO-PHONE SMARTPHONES
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Introduction.
Smartphones are cellular networks that have computer integration and other features that are different form telephones e.g., the presence of operating system, web browsing and the ability to run software applications. The first smartphone that was invented was the IBM Simons which was presented as a masterpiece rather than a device that can be used with the public. The device could send emails, faxes and also keep various calendar events for the users as opposed to just simply making calls and messages. (Connelly, 2014 p.76)
Overview of smartphones in the UK.
The United Kingdom workforce is made up of more than 33.5 million and out of these approximately 32million are in workforce. At least half of those workers use smartphones for either personal use or work-related activity. In mid-2017 the usage of smartphones was as follows; 44 per cent used phones for email, 34 per cent used their smartphones for voice calls, and the 23 per cent use their smartphones for calendar management. Forty-three per cent of people use what app is at least once or twice a day for messages.
All of these statistics have been optimized for the usage of smartphones. There is only five per cent of workers who use their smartphones to submit a timesheet where else than 4 per cent of people use their smartphones to provide their daily expenses. (Gradonni, 2005) Less than 6 per cent use their smartphone to access their extranet Workers whose roles and responsibilities require them to walk for a long distance rarely use other devices such a desktop or tablet to handle their activities. This is because carrying a desktop can be cumbersome and time wastage, therefore instead of these devices; they opt for smartphones since it’s the ideal device to receive timely basis information that is contextual.
Forecasting the UK Adult Smartphone use Comment by yousif: I need to add and talk about this section to my report and I need the screen shots with Excel file you will do it and chart to forecast. please follow this question : Using an EXCEL spreadsheet, produce an appropriate line chart based on data contained in figure 3, page 13 of the Deloitte Report to represent UK adult smartphone use 2012-2017. Use your chart to forecast similar use in 2018 and 2019. Explain briefly why a linear forecast would not work well in this case. Which forecast model would work well? take the date from deloitte report which I already sent to you
Use of smartphones by older people.
Currently, the smartphone sales and usage are booming with the majority of people buying the smartphone are the older generation. According to the statistics, at least 71% to 75 per cent of older people now own a capable handset. From various statistics, it is evident that most people who require additional features in smartphones are not younger people but instead older people. For example, people who check their phones immediately they have woken up is about 20% said which is different from the normal norm of 56%. Furthermore, nearly half had Facebook introduced compared with a 70% figure for all grown-ups. The investigation depended on an example of 1,163 individuals addressed among May and June this year. (Mylonas, 2011, pp. 49-61 this days cell phones have bigger screens thus increasing its visually to the older people. Additionally, their speakers are clear and audible. This makes it attractive among the elderly. Comment by yousif: Reference please
The product has additionally turned out to be simpler to use throughout the years - many of the standard Android makers currently offer streamlined forms of their application launchers went for old individuals, and Apple has a ton of work in availability includes in iOS as well. Another concerned consumer argued that new features in both Samsung and Apple phones might attract further members who are in the older generations. Facial expression is one of interesting critical factors among older people. According to latest research, it is argued that older people just get amused by picking up a mobile phone and looking at it rather than having to spend the time to fiddle with the buttons or having to wear their glasses to type in the password.
Expanding the mobile phone market in Kingston.
According to various statistics, it is evident that the usage of mobile will increase by more than 2.1 billion by the end of 2020. This is a great business opportunity to grab. among this areas, Kingston is among many cities that are expected to increase its usage of smartphone. Many companies that are keeping all their eggs into one basket are missing the most significant opportunities of a lifetime. This is some of the pros and cons of expanding the business to other countries. Comment by yousif: Reference please
Pros.
First and foremost, expanding the business will help to tap the new market. According to mark(2010), more than 50 per cent of smartphone consumers is living outside the UK. Eco-fone will be able to tap this market quickly and establish a customer base in this city. Additionally, international expansion will offer a chance to consider the territories and thus increasing more sales by reaching to more and more consumers. Comment by yousif: Is this a reference ,I couldn’t find it in references page
Secondly, the other advantage is the company will help to diversify its assets. This is a move that will help to protect the company from hidden events, for example, expanding the business to Kingston, Eco-fone will be able to offset a negative growth in one market and operating in another market successfully. Additionally, Eco-fone will get an opportunity to introduce a new product in the market which may intern bring right amount of revenue to the company.
Last but not least expanding the business will help to tap un utilise talents. Labour that comes from international can offer the company a competitive advantage in terms of advancing their language skills and increasing their productivity. Understanding the people’s culture in various parts of the world will help to improve the company’s product Comment by yousif: Kingston town inside the Uk its close to other two shops all of them inside the UK please take this in your account when you write about pros and cons
Cons. Comment by yousif: You need to rewrite this section as Kingston town inside the Uk has the same language (English uk) and the same currency ( pound) so no language Barrier and no fluctuation of currency.
Language Barrier. When a business is entering a new market, language can be a huge problem. The local dialect of Kingston can be a hindrance towards the growth of the company. The management will have a difficult time engaging and interacting with the members of the public.Fluctuation of currency. Fluctuation of currency can impact profits. With the Pound strength against the Kinston currency. Benefits that were anticipated to be generated will disappear. Additionally, there will be fees in the exchange of the currencies especially through the use of credit card transactions.
Last but not least is political interference. The political condition globally can appear to be unique than the household political condition. It isn't unprecedented for global governments to catch control of a business on the off chance that they decide it is their best enthusiasm to do as such. Should that occur, the whole operational benefits can vanish
Business performance . Comment by yousif: Please I want to include all your calculation steps then discuss it . for this question : Eco-Fone’s two retail shops offer discounted mobile phones and accessories. Both shops have been running for several months and Eco-Fone now wants to compare the net taking from both shops. A sample of 40 net daily takings from the first shop has a mean £100 and a standard deviation of £20. A sample of 40 net daily takings from the second shop has a mean of £90 and a standard deviation of £40. Are the two shops’ net takings the same? Explain your findings.
The concept of net taking has an impact on the success of a business. The net take includes all non-operating expenses such as gain and loss that the company operates in. Therefore there is a difference in the net taking between the two shops. The first shop has a profit taking mean of 100 pounds where else the second shop has a net taking mean of 90 pounds (Horngren, 2005). Net stealing equates to the net earnings such as sales and less the cost goods. The first shop seems to be more profitable compared to the second shop. This is because after subtracting the business expenses and all other operational costs and deduction of all other expenses such as the taxes the business seems to be more profitable. Comment by yousif: What does it means
Poison distribution. Comment by yousif: poisson
Position distribution technique is appropriate in this scenario because it helps to show the likely number of times that the event will be able to occur in a specific period. This technique is essential to be used in independent events which may happen in a given constant rate in a given percentage of time. The method is a discrete function meaning that the game can only be measured as a whole number.
In this case study, Poison distribution is essential since it will help to provide the best quality and services to its customers since quality is always outstanding in the long run. Additionally identifying if the products that Eco fone are of high quality, it will help to increase and strengthen the companies’ credibility.
Therefore I recommend the company to take notice of the following. First, to ensure the quality and procedures have been met their main focus should be the customers. In everything they do, they need to ensure that the need of the customers should be able to come first. Secondly, they need to be obsessed with quality. Planning everything, daily evaluation and adjustment are very important. This will help to catch the mistakes before they reach the customers. Every member of the company must understand and adopt this point of view if the organization wants to have a quality performance.
The cost of building
Due to the expansion of the business to king stone, the industry needs a suitable new premise for the retail of the market. The price of leasing of the building is approximately 400,000, but the company has decided to negotiate to 350,000 for fifteen years. With an interest of 15% per annum, the company is expected to pay at least $24,966 per year inclusive of the attention that is charged every year. Comment by yousif: currency should be in pond not dollar and how you calculate it please include all works steps Comment by yousif: I need to answer this question explain your calculation steps it is essential to included: If Eco-Fone does decide to expand, extended operations will require improved facilities and, as it happens, highly-suitable new premises for retail use are available in central Kingston. The new building is available for lease or sale but Eco-Fone already owns (subject to repayment mortgage) the two Borough of Richmond shops and prefers to own rather than lease. The asking price for the new building is £400,000 but this might be negotiable closer to £350,000. a) Calculate the monthly cost of a 15-year repayment mortgage of £350,000, where interest is applied to the loan outstanding at the beginning of each year and the mortgage rate is 7% per annum. Show your Excel formula in your report Appendix. b) Represent an appropriate graphic containing any of any of the eight logos of well-known commercial mortgage lenders in the UK. I want to include all find out calculation steps please
I recommend the company to lease the office premises rather than buying. This is because of its flexibility. Since it is a new place for the business other factors such as the political environment may affect the market. In the case of political violence, Ecophene will have a chance to relocate to another office. Additionally, there will be fewer responsibilities. Leasing of the property will reduce other responsibilities such as maintenance, security, renovation and other management issues.
Last but not least there will be no down payment. When you purchase a building there is a higher chance that you will be requested to pay a down payment, then the mortgage fee and final the balance. With leasing, you will only pay yearly rent which is economical for a new business in a new location such as kingston.
Add and talk about this task(anywhere you find it prober place) please need excel file to include your find out result Comment by yousif: Task 7 Each year Eco-Fone has regularly processed customer questionnaires in the form of hard-copy forms filled out both in the shops and as email attachments. The typical format of the questionnaires is shown in figure T7a. Figure T7. A customer questionnaire. Latest results are contained in the file Excel File Task 7. Use Excel to calculate average values for the four questions in section 3 (customer service support, quality of products/service, sales staff and price/value. Briefly summarise your findings in my report.
Conclusion
To sum up, the smartphone in the UK has supposed the usage of laptops and other computer devices. Additionally, it is evident that smartphones are used offently due to their mobility and portability. In terms of purchasing statistics have found that people tend to buy smartphone often compared to other computing devices. The total percentage of the survey group that owns a smartphone or a tablet has escalated in the last few years with people shifting from older mobile phones and new mobile phones. Findings have also shown that older people are now moving towards the smartphone world due to their unique characteristics and advantages.
The researchers have also shown that smartphones are heavily used. At least 91% of people use smartphones daily.68 per cent of people say that two days cannot pass if they have not access their mobile phones. Game players and virtual reality headset players fall under the category of 15 per cent of the people who uses the smartphones for other activities, Comment by yousif: reference?
Other findings have also shown that the higher usage of smartphones among various consumers tend to go hand in hand with a desire to buy new devices after every 12 months. This shows that Eco-fone future is at safe hands. When comparing with laptop users. Smartphone consumers argued that they would prefer, exchanging their mobile phone after a few months rather than their laptop.
References
Farris, Paul W.; Neil T. Bendle; Phillip E. Pfeifer; David J. Reibstein (2010). Marketing Metrics: The Definitive Guide to Measuring Marketing Performance. Upper Saddle River, New Jersey: Pearson Education, Inc. ISBN 0137058292.
Horngren, Charles (2011). Accounting, 9th Edition. Upper Saddle River, New Jersey 07458: Prentice Hall. ISBN 0132569051.
Mylonas Alexios; Tsoumas Bill; Dritsas Stelios; Gritzalis Dimitris (2011). 8th International Conference on Trust, Privacy & Security in Digital Business (TRUSTBUS-2011). Springer Berlin / Heidelberg. pp. 49–61.
Barnes, Stuart J, Huff, Sid L. (November 1, 2003). Rising Sun: iMode and the Wireless Internet, Vol. 46, No. 1. Communications of the ACM. pp. 79–84.
Grandoni, Dino (2011-10-05). "How Long People Waited to Be First in Line to Buy Apple Products". The Atlantic. Retrieved 2018-10-06.
Don Reisinger (October 17, 2012). "Worldwide smartphone user base hits 1 billion". CNet. Retrieved July 26, 2013.
Newton, Casey (September 10, 2013). "Apple's new iPhone will read your fingerprint". The Verge. Retrieved September 11, 2013.
Musil, Steven (29 October 2013). "Motorola unveils Project Ara for custom smartphones". CNET. CBS Interactive. Retrieved 29 October 2013.
Connelly, Charlotte.( August 16, 2014) "World's first 'smartphone' celebrates 20 years". BBC News. BBC News. Retrieved
Mathur, Vishal (2018-04-29). "Why do Android phones want a notch?". Livemint. Retrieved 2018-10-04.
Stickney, et al. (2009) Financial Accounting: An Introduction to Concepts, Methods, and Uses. Cengage Learning.
Schroeder, Stan (23 February 2010). "Smartphones in 2009: Symbian Dominates, iPhone, RIM and Android Rising Fast". Mashable. Retrieved 3 September 2013.
Warren, Tom (2018-11-08). "The foldable phones are coming". The Verge. Retrieved 2019-02-05.
