
Saturday, December 15, 2007
Article 16 and HAPPY HOLIDAYS!

Saturday, December 8, 2007
Individual Assignment no. 5 and News Posting combined.
How did your group make the decisions? What problems did you encounter in the process? Did your group make decisions in a different way than the whole class did? Why? What kind of information system do you need to design to support such a process of negotiation? Provide a simple hardware/software configuration.
Answer:
As the goal of our group was to establish equal amount of points for which students and we did not have real competition among us (no real benefits and reasons to hide information from each other) we decided to cooperate in full. We chose a person, who volunteered to calculate the optimal points distribution among team members and send him all our personal scores by e-mail. As result during our class meeting we had a table with different alternatives available and amount of scores each of alternative gives to the members. One of the problems was that one of our members had to get very low score in orders others could get high. Or all of the students had to get less or more equal low score, what we did not like too. In order to solve the problem we talked to the professor and realized that we were free to change our conditions and share points like we want. From my point of view it does not make sense as in negotiations you always have some conditions fixed and you have operate instead of them with the better possible option for you. In you case everything was flexible. So, finally we pick the option with the highest possible score and shared our points among each of the members equally to get the highest possible score for everybody. I believe we are the only team who made such a decision - to change completely all the frames of the assignment given - the rest of the teams were flexible only inside the limits of the individual scores given. The reason was - additional hint from the professor and our "boldness" in changing all the conditions without fear to lose possible points.
To make such a decision with the use of informative systems you have to have software or system combining: database available with all necessary data; Microsoft Excel or other program allowing you to create a table and sort the data given; e-mail software allowing you to communicate with other members or another method of communication (phone, VoiP, etc).
News Blog:
Personally I am very skeptical in using negotiations software: as real negotiation is all about persuasion and communicating efficiently (voice recognition and visual presence allow to solve each negotiation 3 times faster), but in some easier events (e-bay bidding, etc.) it can be really efficient.
Saturday, December 1, 2007
Comments on classes and Article 14.
Sunday, November 25, 2007
Comments on classes and Article 13.
Article. Time Warner Cable Tries Business IPTV.
http://www.lightreading.com/document.asp?doc_id=135542&page_number=1&site=

Saturday, November 17, 2007
Individual Assignment no. 4
There are a lot of different applications possible for using Information aggregation methods. The ones I found most interesting are:

Comments on classes and Article 12.
Article 12. INSURERS RANK PHYSICIANS: WHO IS IT REALLY GOOD FOR?
http://docwhisperer.wordpress.com/2007/08/29/physician-rankings-who-are-they-really-good-for/
As it was very nice described in the article the goal of creating ranking systems for physicians was to provide customers with additional information on people, who treat them and the level of service. “People don’t want to go to a movie or buy a book or buy a car or go to a restaurant without some ability to assess value for dollar. ” Such ranking systems work more than in 100 insurance industry markets or regions across the country. The idea seems to be great, but lets see what is wrong with it and why doctors, who are one day in the top ratings are deleted from the network the following day. Is it possible that their level of service changes so rapidly?
The main disadvantages are:
1. Data often contain errors and that doctors often lack the ability to correct them;
2. The effort is more about cutting costs than raising quality;
3. Doctors are held accountable for whether patients exercise, take their medications or follow their prescribed regimens;
4. Disparate ratings can confuse patients and cause turbulence in group practices and much more.
In my opinion before creating such ranking the insurance company have to double check several times how the system is working because it is very easy to ruin somebody's reputation in a moment, but it takes hundreds of years to build it after!!
Saturday, November 10, 2007
Comments on classes and Article 11.
Article 11. Shopping Cart Concierge
http://www.trendhunter.com/trends/shopping-cart-concierge

The article above gives more details about self-service shopping card discussed during the presentation. Integrated into the shopping cart handle, Concierge is an interactive touch-screen computer that uses a wireless in-store network. It can assist with self-serve checkouts and provide shoppers with a wealth of information. It offers the following features:
Personalized Account recognition; Product Scanning; Self Check-Out; In-Store Cart Tracking; Dynamic Advertising; Product Finder; Interactive Shopping List; Recipes. I believe this new cart is really great and will save a lot of time both for the stores and shoppers. It will also keep shoppers more loyal to the stores as the carts will provide them with all personalized information needed and hints necessary. As a shopper myself I am looking forward to using such cars and sure that it will be very good experience.
Sunday, November 4, 2007
Comments on Classes and Article 10.
Article 10. Build A Niche Store - A Review
http://www.article-tips.com:80/auctions/build-a-niche-store/1976
This article was very interesting for me as it offers using eBay auctions in a little bit different way. To be exact - you can earn additional money using e-bay without having to bid, place an auction or go to the post-office and send your merchandize later. The only thing you have to do is to use the software offered - Build a Niche Store, which enables you to access and sell eBay auction merchandise on your own site, and pocket a commission after the sale was made. Let’s see how it works.
The software allows you to have live eBay auctions running on your site, constantly updating and targeted precisely to the theme of your site. To establish this you have to add a bit of code to your site: you need to be able to create a MYSQL database, but the instruction provided with software makes this abundantly easy. This method works by adding a live selection of auction merchandise to your site from a category you choose, and when the auction ends and there is a sale, eBay shares up to 65% of their revenue from the sale with you.
Advantages: This is an easy way to monetize the sites and diversify the income, simply by providing your website visitors with current, targeted offerings they may well be interested in.The software offered does not require a great deal of effort on your part, thus helping you increase your site's relevance in the eyes of the search engines, and consequently bringing you even more traffic.
Disadvantages: It is difficult to integrate the software into the look of your site.
So, it depends on you whether you want to have an additional income using eBay auctions or just to use it in the old, but well-proved way. Anyway, for me it was pretty interesting as it was another way of using eBay auctions, not participating in it directly.
P.S. Dear Professor, sorry for the delayed posting. I could not do it earlier this week.
Wednesday, October 24, 2007
Comments on Classes and Article 9.

http://www.scmnews.com/scmnews-66-20061013SupplyChainIntegrationSolutions.html
Individual Assignment 3.
I was very lucky to find one article describing all advantages and disadvantages of the problem above. That is why I’ll give a short summary, which will be my reply to the assignment. Also I would like to mention that I use internet phone service by myself and I am very satisfied with it. It’s a great opportunity. I use Skype and the only minus – the quality of connection depends on the Internet speed. So if speed is low it’s almost impossible to talk. It is not a problem for well-developed countries, but a serious one for others – such as Ukraine for example, where not all the people have access to high-speed internet.

Ok. So let’s talk about the internet telephone service.
An Internet phone is nothing more than an inconsequential-looking electronic adapter with blinking lights on the front and a few jacks in the back. Plug a normal telephone into its phone jack, then plug the adapter directly into your router, which is hooked up to a broadband Internet connection. Some Internet phone carriers also let you make calls through your computer; others, like Skype, require it. But the genius of most Internet phones is that your computer isn't involved at all.
Advantages: Increasing competition from tech upstarts like Vonage and anxious traditionalists like Verizon has led to insanely low prices for VoIP (voice over Internet protocol) service (as low as 20 per month). Competition has also led to a development of additional new Web features, many of which have spread to most carriers.
The downside of VoIP is that it's not real phone service. You may pay fewer taxes, but you don't automatically get, say, 911 service, and the thing won't work in a blackout. Reliability also is not always up to land-line snuff. Sometimes there's no dial tone, your outgoing calls don't go through, or the other party can't hear you.
To find out if VoIP is really mature enough to replace your land line, there is a rating below given, which is based on series of tests on seven internet phone services.
Factors included in the test: sound quality, reliability, international scale, portability, bells and whistles, number selection option.
Results:

Source: Smooth Operators. Which Internet phone service is best? By Sam Schechne, http://slate.com/id/2121742/r
Wednesday, October 17, 2007
Comments on Classes and Article 8.
Sunday, October 14, 2007
Comments on Classes and Article 7.
Article. ADwords: What Google is not Telling You.
http://proquest.umi.com/pqdweb?did=1298918851&Fmt=6&clientId=8851&RQT=309&VName=PQD
This article gives us more details about pour class conversation, namely how Google places advertiser' ads online. The article confirms that basic assmption "the higher the bid the higher your place online" is wrong. It also confirms our summary that Google is interested in ads quality and its profits. So it takes into consideration the following additional factors: search history; location; previous performance; match; number of ads to be shown, etc. In general the article gives to advertiser serious reasoning why he should be interested to improve quality of his job and how it will affect his profits in future. I believe it’s fair for all of us – Google, advertisers and consumers.

Friday, October 5, 2007
Comments on Classes and Article 6.
Article 6. Paradise By The Dashboard Light.
http://itmanagement.earthweb.com/erp/article.php/3702781

The article above gives us advantages of an improved version of Act 2008 software, which is small business customer relationship management (CRM) and sales force automation software from Sage Software. The most important feature of this software, which previously was available only to enterprise-level products, is dashboard. This option allows a user to see "charts, graphs and tables that give at-a-glance information about current activities and sales opportunities". Sage has provided six customizable dashboard components, which are: my Schedule At-a-Glance; top 10 Opportunities; Activities by User; opportunities by User: closed Sales to Date. These dashboards may be customized as per user's requirements if needed. There are plenty of other useful options that are described in the article, but I would like only to summarize the most important feature with the following comparison: "Imagine trying to drive a car without dashboard displays. You’d never know how fast you were going, when you were running out of gas or if the car was overheating. " The same for the business - and especially for small business - as it is usually forgotten in the fight for big companies' profits. This software cares about the most important issues that help to improve user's business at a relatively low price (see the article) and this is the most important advantage of its performance.
Wednesday, October 3, 2007
Individual Assignment no. 2
Answer:
In order to identify what type of advertising are sponsored search ads on Google or Yahoo we must to define the categories informative or persuasive advertising of first. To do it we need to mention first that both of them belong to Product-Oriented Advertising, where most advertising spending is directed toward the promotion of a specific good, service or idea. In most cases the goal of product advertising is to clearly promote a specific product to a targeted audience. Marketers can accomplish this in several ways from a low-key approach that simply provides basic information about a product (informative advertising) to blatant appeals that try to convince customers to purchase a product (persuasive advertising) that may include direct comparisons between the marketer’s product and its competitor’s offerings (comparative advertising).
From the definition above we can clearly see that sponsored search ads on Google or Yahoo belong to informative type of advertising as they just give you the general information about the problem which interests the prospective customer in the given time (see example in the link – sponsored ads: http://www.google.com/search?hl=en&q=The+Best+Diet+Pills+for+Sale&btnG=Search or the picture below as ads change all the time).

Sponsored search ads are limited to a number of key words and expressions on the screen and they can’t provide you enough persuasive information for making a choice at this point. But if the customer follows the advertised link to the advertiser’s web-site here he will be able to see persuasive type of advertising, located on the website (see example in the link – http://www.phenocerin.com/google/index.html?gclid=CMeOvKKt844CFQhtFQodpFuVEA).
I believe that it is not right to claim that sponsored search ads on Google or Yahoo can be of pure persuasive type, but they can have some elements of persuasive type as shown in the first link (the last sponsored ads, stating “25lbs in 30 Days- No Diet”. It tries to persuade the customer that its kind of product has superior features and the web-site itself gives more persuasive information later as shown in example 2. So we can assume that some Sponsored search ads fall under both categories simultaneously.
From my point of view the importance of distinction between above mentioned types of advertising is in way how they affect customers and how customers react on them. If informative advertising is not considered like advertising, but like a help for the customer looking for a specific product, then persuasive advertising is perceived like subjective and annoying ads until the customer specifically looks for it. As those types of advertising also have different purpose (to give information for attracting the customer (informative) and to persuade to buy (persuasive)) they can be regulated by different way both by government and company legislation. Different price strategies for allocation of such types of ads may apply too.
Friday, September 28, 2007
Comments on the classes and ARTICLE 5.
Article 5. Cell Phones of the Future
http://images.businessweek.com/ss/06/08/cellphones/index_01.htm
Please, notice - there are different 8 slides in the article - each on separate page).
The article shows us that future cell phones add more and more different functions and, in my opinion, they loose the possibility of being called the “phones” at all as their main function becomes unknown. You can watch movies on them (see the last slide), use as the jewelry investment or wristwatch, etc. Soon anything available in our imagination will be performed in these small devices. It is very interesting and exiting. Especially if we remind ourselves that 20 years ago most of the people could not even imagine that they would use phone connection without wire attached to it. With such technology development speed we just forgot about these times with great pleasure.
Saturday, September 22, 2007
Comments on the classes and ARTICLE 4.
Article 4.
http://www.informationweek.com/story/showArticle.jhtml?articleID=201808208&cid=RSSfeed_IWK_News
From the first sight this article does not seems to have a lot in common with our Internet topic. But let's take a deeper look on it. 20% of people claim that "they spend less time having sex because they're too busy online". Is not it horrifying? These simple data show us how deep Internet has penetrated in our life. Most of modern people even don't see any difference between online and offline life. Moreover some of them even replaced their offline life - they do most of the reading, shopping and even communicating online. I agree that it is easier. I do it by myself. I talk with my parents online, but I can't do it different way as they live in Ukraine. I'm really scared that in close future this "piece of hardware" can replace all the real human communication. Does it really have such abilities? For me - it does not. I do and will always believe that nothing can be better than sitting with your close friends together at one table and talking. It is the most valuable thing for me. What about you? Have you already exchange sex for Internet? :-))
Friday, September 14, 2007
Individual Assignment no. 1
Google AdWords is a quick and simple way to purchase highly targeted cost-per-click (CPC) advertising, regardless of user’s budget. AdWords ads are displayed along with search results on Google, as well as on search and content sites in Google’s growing ad network, including AOL, EarthLink, HowStuffWorks, & Blogger. With more than 200 million searches on Google each day and even more searches and page views on our ad network, exact Google AdWords ads reach a vast audience.
When user creates a Google AdWords ad, he chooses keywords for which his ad will appear and specify the maximum amount he is willing to pay for each click. The user only pay when someone clicks on his ad.
There's no minimum monthly charge -- just a $5 activation fee.
Google AdSense is a fast and easy way for website publishers of all sizes to display relevant, text-based, un-obtrusive Google AdWords™ ads on their website's content pages and earn money. Because the ads are related to what your users are looking for on user’s site, he'll finally have a way to both monetize and enhance his content pages.
Simply put, Google provides the user with AdSense HTML ad code to place on the web pages on which he wants to display AdWords ads. Then, Google takes care of the rest by leveraging award-winning and proprietary Google search and page-ranking technologies to deliver relevant AdWords ads to those content pages.
The user gets paid whenever someone on his site clicks on one of the AdSense ads. Advertisers can also bid to appear on user’s site on a CPM (cost per thousand impressions) basis. Both CPC and CPM bids compete in Google’s AdWords program to ensure that user optimizes his ad revenue.
Google’s income from Advertising:
($ in thousands, except per share amounts)
Revenue 2002 2003 2004 2005 2006 2007Q1 2007Q2
(unaudited)
Total ads. revenues 410,915 1,420,663 3,143,288 6,065,003 10,492,628 3,627,450 3,838,341
Y/Y Growth rate 514% 246% 121% 93% 73% 63% 58%
Q/Q Growth rate NA NA NA NA NA 14% 6%
Source: http://investor.google.com/fin_data.html
P.S. Sorry tried several times, but can't import chart here.
My opinion is that both these programs are the most beneficial for small and middle-sized companies. One if the reason is: the search for the products usually is done per key word, which is the name of the product – not brand. So companies with unknown brands (small and middle-sized) and not expensive products are searched. If people need product of a big sized company they go straight to its website as its repeats the name of the company and usually well-know.
The most important difference from TV advertising is in customer orientation of the services provided. The users will be offered the only type of advertising that they are looking for (not the whole range of different products like in TV advertising). The second advantage is that advertisers can limit their target auditorium to specified location (state, city, etc.) when is much harder to establish in TV advertising.
Comments on the classes and ARTICLE 3.
ARTICLE 3.
http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=9035459&intsrc=hm_list

Friday, September 7, 2007
Comments on the classes and ARTICLE 2.
ARTICLE 2.
http://www.xbitlabs.com/news/multimedia/display/20070904234014.html

Friday, August 31, 2007
Week 1 article.
Birmingham Business Journal - December 28, 2001 by Scott Clark
Aside from creating and selling several technology-driven businesses, in my spare time I write books, give workshops and teach as an adjunct professor of entrepreneurship at the University of Iowa.
A scant 18 months ago, many of my students were still eager to create dot-com companies, having read about the millions raised in venture capital overnight and the soaring value of dot-com stocks.
Even some business academics became hypnotized by the opportunity. One of these, Lyle Bowlin, from the University of Northern Iowa, was profiled last year in a Wall Street Journal article. According to The Journal, Bowlin raised $90,000 for a book-selling dot-com business operated out of his home (http://www.positively-you.com/) competing with Amazon.com and barnesandnoble. com. He received glowing write-ups in The New York Times and Time magazine, quickly followed by guest spots on the morning talk-show circuit. Predictably, orders shot up from $2,000 per month to $50,000 per month.
The company had not planned for such growth and was constantly behind the power curve, soliciting friends and their families to help pack and ship books rather than focus on profits and strategies.
Management apparently abandoned sound business principles and assumed its Web-based business was a bottomless well of increasing orders, even though it was still losing money. It's not hard to imagine what happened next.
Because of a combination of several factors (which may have included lack of a plan, lack of profits, lack of financial controls, lack of management oversight, inappropriately high salaries, high expenses without controls, inadequate software and/or hardware to cope with growth and/or competition), the company ran out of both money and customers, subsequently fading into oblivion.
In all fairness, Bowlin was just one of many dot-com dreamers who started companies to ride the wave of prosperity rather than focusing on plans, profits or fulfillment. Large businesses succumbed to the lure of easy money as well: Remember the disastrous Christmas of 1999 when Toys 'R Us created toysrus.com without focusing on fulfillment, thus failing to deliver thousands of Web-ordered toys in time for Christmas?
The Internet bubble finally burst in the spring of 2000. When the smoke finally cleared, the Nasdaq plunge (and its accompanying dot-com bloodbath) had erased 62 percent of the Nasdaq's value, which plummeted from a high of 4,260 to a low of 1,620 12 months later.
In retrospect, the dot-com bubble was fueled by greed, rather than by sound business practices. Aspiring Internet entrepreneurs thought they could bypass the long haul to success and achieve instant wealth just by hanging out a dot-com shingle. No need to focus on profits or management or order fulfillment or customer satisfaction; just launch the business and watch the money flow in.
They learned too late this simple truth: If more money flows out of the company than flows in, eventually the coffers will be empty and the business will die.
As a result of the dot-com rubble, today's crop of aspiring entrepreneurs has a much more realistic picture of what it takes to start a business. The few who are interested in dot-com businesses are focused on sound business principles rather than on pipe dreams and bandwagons as they assemble their plans.
So the good news from the dot-com crash is that fledgling entrepreneurs (and their investors) once again realize there is no quick path to easy street. As a result, most of today's new crop of entrepreneurs are launching businesses based on sound business principles.
Visit the Company Doctor's Web site (www.saclark.com) for additional information or to share your ideas.