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Competitiveness in Business

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Businesses exist in a competitive environment at present.  Companies  are in fierce competition with each other to provide the best possible value for money   and to offer the most suitable range of products or services  for their customers. Businesses compete in different ways. One of the most clear ways is over price. Companies  on the Internet compete to supply the same goods at the cheapest price to customers. However, in addition there are many  other   competitions, e.g. location – being at the most convenient location for customers, customer service – giving the best personal attention to the needs of customers, customization of products – providing additional features to products to cater for particular customer groups. Organizations  are faced by direct competitors. These are firms that produce the same or very similar goods  or services. On the other hand, most products are differentiated in some way. In addition to direct competition, businesses also face indirect competition. For example, in the leisure industry cinemas are faced by indirect competition from other providers of leisure activities such as discotheques. A direct competitor is a business that produces or sells a product or service that is identical or highly similar to another. Indirect competition occurs when organizations   compete for the same  expenditure, although they might be in different sectors of the same market, or in apparently different markets. As such it is apparent that we are living in a hyper competitive business environment where things are changing rapidly. In this business environment being competitive is vital for  survival and growth for an origination and individuals working for those organizations.

Job Description

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  • Calling quotations
  • Contact new suppliers for cheapest price and best quality goods.
  • Participating management meeting, operation meeting and procurement committee meetings.
  • Introduce new suppliers for the organization.
  • Handling  purchasing.
  • Responsible for all purchasing items and the cost Provide up to date reports to the management.
  • Ensure the cheapest price and best quality goods
  • Overall day to day administration functions in the company.
  • Prepare monthly project status reports for management.
  • Prepare monthly KPI for the Staffs and sending to management accountant
  • Provide direction and responds to actions in timely manner including in absence of management
  • Motivate, support and guide team members when necessary

Abstract

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This study investigates cyber crimes, and its impact on teenagers which has become a significant phenomenon within the last two decades. People become victims   of fraud, defamation or harassment online everyday in all four corners of the world. This research focuses its attention specifically on the impact on teenagers who are active Internet users.   A   cross sectional interviews were   conducted with  School  teachers, students and parents  in order to  collect  data. The  analysis of data and information  whether the  teenagers  are more likely to be exposed to cyber crimes than older age groups and  delves into what kinds of risk factors are associated with the exposure to cyber  crime among teenagers. In fact, an exclusive research was  conducted to find out relevant materials for the  project  from relevant books, newspaper articles, magazines, journals  and  websites for  identifying issues, data processing and analysis. It also collected data of   relevant cases occurred in United Kingdom, India and Sri Lanka in the recent past.  The results show that teenagers are more likely to be victims of cyber crimes even when other factors were adjusted for. These findings highlight the significance of understanding both psychological risk factors, patterns of risky online behavior and draw the attention of law makers to impose strict regulations  to fight against cyber crimes specifically against  teenagers. To put into its context the objective of the report is based on the findings in this research analytically discuss the  solutions for the contemporary issues.

Sample Terms & Conditions

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Terms and Conditions for  Old Students Associations  in foreign countries affiliated to Old Students Association of  xxxxx   

1. The Old Students Association of xxxxx  College, Colombo   encourages Branch Associations  outside Sri Lanka  for the purpose of assisting  in achieving  its  objectives.  Conditions of membership of the Branch Associations  should be the same as that of the parent Union. Each Branch Association shall be managed and administered according to the  constitution of the Old Students Association of xxxxx College, Colombo. Every Branch Association shall furnish   once a year the Annual Report together with the audited Statement of Accounts which may be incorporated with the Union’s statements of Accounts and reports.  
2 Branch Associations   have no authority  to issue Sponsor Letters.  
3. If Branch Associations  are  collecting funds for any project,   prior approval should be obtained from the Old Students Association of Vivekananda College, Colombo.
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        The objectives of the Association shall be, To foster social interaction and fellowship and welfare  of the College  among the past students of xxxxx College Colombo.  
  To establish a bond of unity among the Old Students of the College and to foster in them a true feeling of loyalty to their alma mater.   To  encourage the religious, educational, cultural  and recreational activities of the  past students of the College.   To foster unity among the Old Students and seek their assistance to help the school and to promote the Old Students to  do their duty by the school and country.   To promote and advance the general  welfare of past students of xxxxx  College, Colombo.   All past students of xxxxx  College, Colombo, who have completed either at least two years of study in the advanced level or a cumulative period of three years in school and who have not been expelled from the College will be eligible, provided that the Association shall have  the power at its discretion,  to consider  and if deem fit to approve the application for membership, of any old boy who does not fall within the criteria stipulated herein before.
    Members  
  Any person wishing to join the Old Students Association  shall apply in writing in a prescribed  form  to the Hony. Secretary of the branch Association  for membership and be proposed and seconded  by a member of the Association. If the Old Students Association of Colombo  approves such application, then such person shall be enrolled as a member only  if that member is already a member of the Old Students Association of Colombo.  
  Fees & Subscription   Every Member shall pay the applicable Membership Fees/ Subscription.  
  Powers and duties of the  Branch Association   To  elect members.   To accept gifts, contributions etc., from public and incur expenditure in carrying out the objectives of the Association.   To make grant for any specified purpose whenever needed, to accept and  hold  any property movable or immovable vested in it by any grant or donation.   To invest the funds of the Association  and  communicate  with  the  public,  with  Government departments or any agency with a view to furthering its objectives.   To make by-laws for the conduct of its meeting for the functioning of its committees, for the election of members of the Association and termination of membership, for the assignment of duties to its office-bearers, for the keeping of proper Accounts and Minutes of meeting and for such other purposes  as may be necessary in carrying out its objectives.   To decide on any question regarding the interpretation of rules.   The Association may also appoint any other committee which are considered necessary and delegate to them such  powers.    
  Meetings   To approve the constitution of the Branch Association.   To perform such other duties as may be delegated to it by the Parent Association, and in carrying out such functions and performing such other duties it shall have the same powers as are vested in the Association, subject to the vote of the Association.   To perform any other function which it deems necessary subject however to the provisions of the Constitution.   All funds of the Association shall in the first instance be deposited in the Bank Account maintained by the Association.   Funds received from the collection of  membership subscriptions shall be deposited in such fixed deposit as the Association shall direct and may be uplifted and reinvested as in the opinion of the Parent Association.   Other funds received shall be used in a manner which the Association  may think  fit and proper.   Annual General Meeting   Annual General Meeting shall be held  every year and  notice should  be given to members.   The Annual Report and Audited Accounts of the preceding financial year  should be submitted for the approval of the members.  
  Notices   The notice shall be deemed to be duly given to all members and inform the parent Association.   All notice  shall contain the Agenda  and  Business to be considered at such meeting.  
   
  Termination of Membership   Any person failing to attend three consecutive meetings of the Association  without a valid excuse shall cease to be a member of the Association. Any member may be suspended or expelled from membership by an order of the Association if he is found guilty of any conduct to the interests and/or good name of xxxxx College, Colombo.
      The Financial Year   The Financial year of the Association  shall be from the 1st April to the 31st March every year except in the year that the Constitution is adopted.   Auditors   Auditor shall be elected annually at the Annual General Meeting of the Association.
    Indemnity   Every member of the Association or its Executives shall be indemnified against all costs, losses, damages, or expenses which he may incur or become liable to by reason of any contract or arrangement entered into or act or thing done or made in good faith by such member or officer in any way in the discharge of its duties.   Others   If any area is not covered in  the above terms and conations, Parent Association,  namely xxxxx College Old Students Association Constitution is applicable.