Tuesday, April 28, 2020
who is rasta Essays - Rastafari Movement, Rastafari, Haile Selassie
What is a Rastafarian? It has been established that Rastafari is the fasted growing social and religious movement in the world, since its inception in Jamaica in the 1930?s. The Rastasfarian movement began with the teachings of Marcus Mosiah Garvey (1887-1940), founder of the Back to Africa movement. He envisioned the return of black Jamaicans to their homeland Africa. Black Jamaicans, like the children of Israel, were captives in the white man?s land, and it was Gods will that they experience exodus ?movement of the people.? He taught that Africans were the true Israelites and have been exiled to Jamaica and other parts of the world as a divine punishment. He believed in political readjustment of the world meaning this- that every race must find a home; hence Blacks are raising a cry of Africa for the Africans,? those at home and those abroad?. The only wise thing for us as ambitious Blacks to do, is to organize the world over and build up for the race a mighty nation of our own in Africa.? Garvey encoura ged pride in being black and worked to reverse the mindset of inferiority that centuries of enslavement had been ingrained on the minds of blacks. It is clear that Rastafari was a direct response to poverty, unemployment, economical derivation, cultural alienation, racism, class discrimination and the colonial way of life in Jamaica. Rasta was developed in the slums of ghettos of Kingston, in the 1920?s and 1930?s. at the time, a handful of white people gave the orders and ran the country?s affairs with the help and power, enforced by the police. And when Howell Leonard, the first Rastafarian preacher, called on the Jamaican to aid Haile Selassie, he was arrested by the Jamaican government in 1933 for his loyalty to the Ethiopian emperor over King George V and tossed in prison for two years. Lij Tafari (Selassie I), was born on july 23rd, 1892 in Harror, Ethiopian. Before his birth chaplains and astrologers had been foretelling the infant?s birth. The planets Neptune and Pluto had started moving slowly towards each other in 1399 along the heliocentric line, taking four- hundred and ninety-three (493) years to intersect. At that precise time Lij Tafari was born. This was the first day of the zodiac sign, Leo, an event that would later help to prove his title at his coronation. On November 2nd, 1930 prince regent Ras Tafari Makonnen was crowned emperor of Ethiopia. At his coronation he took the name Haile Selassie, which meant ?Mighty of the Trinity.? The coronation also indicated that the divine punishment was completed and the return to Africa would commence. Rastafarians named their movement for Ras Tafari and regarded the emperor as the physical presence of God (Jah) on earth. Selassie also took the titles, ?Conquering Lion of the Tribe of Judah, Elect of God and King of Kings of Ethiopia.? These titles were traditionally given to Ethiopian Kings and reflect the Old Testament emphasis of Ethiopian Christianity for Rastafarians. Selassie?s coronation was a clear fulfillment of Revelation 5:5, Ezekiel 28:25 and by Marcus Garvey?s prophecy. On April 21st, 1966 Haile Selassie visited Jamaica. Rita Marley, Bob Marley?s wife, converted to the Rastafarian faith after seeing the King of Kings. She said she saw stigmata appear on him and was instantly convinced of his divinity. Others became believers when a serious drought ened with rain upon his arrival. The Rastas are very conscious of their black history. They think that without their existence, black people in general would not be conscious of their history; believing that Haile Selassie is the reincarnation of Christ. They also believe that the blacks would never receive justice in the countries that are predominantly white. They believe that the black people suffered a lot of propaganda from certain white races. Rastafari based a great deal of their teachings about the Messiah and themselves on the Bible. They believed that the Bible was written by black people about black people. The Rastas also found more conclusive evidence in the Bible?s Song of Solomon (1:5-6) that their messiah is black: ?I am Black, and comely, o ye daughters of Jerusalem, as the tents of kedar, as the curtains of Solomon. Look not upon
Friday, March 20, 2020
Evaluation of the Companys Current Marketing Strategy Essays
Evaluation of the Companys Current Marketing Strategy Essays Evaluation of the Companys Current Marketing Strategy Essay Evaluation of the Companys Current Marketing Strategy Essay Cable TV segments their market by customers interest and need. They provide wide variety of TV plans to customers according to their interests. In short, Cable TV adopts the psychographic segmentation which divides buyers into different groups based on social class, lifestyle or personality characteristics. Variety of TV programs to suit different lifestyle and personality. For example, financial channel broadcasts up-to-date financial news is of investor typical interest. National Geographic and Discovery channels provide natural and geographic news to target on audience who like to acquire knowledge by watching TV. And most people watching Cable TV are on the purpose of entertainment only. So this is the largest and biggest segment. Also, Cable TV divides buyers into active buyer and passive buyer. It segments the market by imposing different price strategy in these two groups. For example, the price is cheaper if the sales are conducted by road show or outbound calls which they are segmented as passive buyers. In contrast, active buyers have to bear the basic price which is slightly higher then special price if it the customers directly contact Cable TV to apply for pay TV service. Targeting Cable TV mainly targets on the customers who are interested in the news, movies and sports. Nowadays, as there are an increasing number of customer demands for the informative programs, and a large number of male customers would acquire cable TV because of the broadcasting of live-sport programs while female customers would like to acquire it due to the 24 hours non-stop broadcasting of more up-dated movies and all these explain why cable would have such targeting. Product Positioning Cable TV positions its service as Pay TV equals to Cable TV. When people think of pay TV service, they would immediately think of Cable TV. To broadcast largest number of TV programs, it maintains as an industry leader in Hong Kong. Moreover, Cable TV positions its service as the best home entertainment to encourage more families to subscribe Cable TV. Marketing Mix Product The main advantage of Cable TV is provide consumer friendly service. It provides 67 24-hours non-stop broadcasting and less advertisement shown. Various channels are provided to suit different needs of users. The channels can be divided into several categories and basic and premium channels. (Exhibit 2)The main categories are sports, news and movies. Other fields include entertainment program, documentary, adventure program, adult program, and composite program for different countries. The variety programs can initiate people to acquire Cable TV service. Cable TV offers different plans for users. They are Cable TV Basic Package, Super Family Pack, Super Movie Pack, Super News Pack, We-Wet Entertainment Pack, Discovery Mega Pack, International Pack, Zee Pack and CAT6 pack. (Exhibit 3)However, these plans are not flexible and consumers cannot their favorite programs only. News channels are popular and can retain many current users due to its continuous updating and broadcasting. These news channels provide latest news and financial information in many countries. The updated information provided is extremely useful in nowadays world because of the increasing importance of service and information industry. Movies channels broadcast local and international movies. These movies are comparability new and they can satisfy many people who like watching movie. Cable TV wants to target on people who are interested in sports. It has many sports channels showing different sports events all over the world. The most attractive part of the sports channels is live and exclusive football matches of the four biggest soccer leagues in the world to satisfy users interests. Besides these three aspects, Cable TV notices people tend to know more about other countries, it introduces many international channels in recent years. There are 2 types of converters, analogue and digital converters. The rental fee is for both is the same but some of the channels can only be watched with the use of the digital converter. The variety of channels can satisfy consumer but the inefficient hotline dissatisfies consumers as it is very difficult to have direct connection to the customer service representative. Price Cable-TV offers a special monthly price for users if they prepaid one-year fee. And it offers discount to the Basic Package users to acquire other packages and premium channels. Larger discount is offered for first time users to attract them to try. For example, new users only pay $198 instead of $298 for the Basic Package in the first year of service. For different packages, they are with different prices. (Exhibit 3)However, the price of the packages is too high and this will discourage lower income group to install Cable TV. Besides the package fee, new customers need to pay rental fee of $30 for the converter. Customers can pay extra to watch the premium channels. If customers want to have one more Cable TV in their home, they need to pay extra fee for this additional outlet. The amounts of charges paid depend on the package used by customers. They need to pay extra half of the original price if they are using Basic Pack, Zee Pack, International Pack and all premium channels. They need to pay double if they use other packages. If customers want to terminate the service, Cable TV will offer a discount to attract them not to do so. This is useful as many consumers are concern with price. Promotion Booths Cable TV sets up a lot of temporary booths on new residential area to attract new customers. Very often, plans promoted from the booths are with a promotional discount, as an attraction. Owing to the large promotion coverage of the booths in Hong Kong, this promotion channel could impress consumer most. Unlike promotions on media, booths could actively reach consumers and wont be bound by media constraints. The performance of booths is fair. Although some consumers are attracted to the promotion or discount provided by these booths and initiate them to acquire Cable TV, some consumers have negative feelings toward them. Sometimes consumer may think that salesperson is annoying, as there are too much salespersons approach them in a short distance. Some say that the salespersons are immoral, they boost sales by providing untrue information induce consumer to purchase which in turn avoid consumers from renewing the contract. Door to door Promotion It is an active promotion launched occasionally in residential area, especially before big events like World Cup and Olympics. Each successful visit last around 15 to 30 minutes. It allows salesperson to have a better communication and contact with consumers, enable them to understand consumer better and take appropriate promotion words. It also enables cable TV to target those families who are not using cable TV according to the customer record. This is more cost and time effective, as only people who are interested would let salesperson to have a further conversation with them. Door to door promotion also allows information approach and stimulates consumers need at the right time. Before World Cup and Olympic, many consumers have the short-term need of getting cable TV. In addition, in home, consumer would have a better sense of security and would be more open and comfortable which constitutes a good environment for them to listen and talk to the salespersons. However, the coverage of this method is rather small, and the time cost is very high. Advertisement on Media Advertisement on media is a passive promotion. Consumers could select what they want to pay attention to and what they want to avoid. Several creative TV ads could successfully impress consumers. One interviewee could memorize the TV ads with a man singing Free Super Offer which is one year ago. Distribution Channel The distribute procedure is the consumer register first. Then salespersons will help consumer to call for installation and delivery of necessary devices. There are four ways of acquiring the service: Phone More than half of the interviewees acquire Cable TV actively by phone. Consumers reflect that the procedure is generally smooth, except they could not be directed to customer service officer when they make the call. Online download of form In Cable TV website, application form is in PDF form. Consumers could only print out the form and sent or fax back to Cable TV. This is not a user-friendly channel. Booths Except promotion, booths on street are also act as a distribution channel. As mentioned in the promotion, quality and quantity of booths should be controlled and adjusted. Door-to-door promotion Like booths on street, if the salesperson could successfully initiate consumer to acquire service through visiting their homes, they distribute the product. Recommendations Immediate actions: To increase its market shares in the industry, some strategies are applied in order to attract potential customers. Potential customers: Online Application This kind of application is very convenient and easy for the customers to use which would increase the sale by attracting more customers to apply for the services. In addition, the cost of this kind of distribution channel is also very low. But the problem is that, some strategies should be used to motivate the customers to apply Cable TV online. Promotions which can initiate consumption decision According to the survey, most of the users consider the variety of programs offered and price are the most important factors for their buying decision. As a result, it can stress on these aspects when launching promotions. Moreover, special discount period should be provided to an extent that above Just Noticeable Difference so that potential customers intention to acquire Cable TV will be increased. However, providing discounts will lead to decrease in profits and so it cannot be used as long-term strategies. Upgrade to digital converter This can help Cable TV prevent unauthorized user to free ride the pay TV service. There are some unlicensed TV converters that enable to watch Cable TV illegally. It is because the use of unlicensed TV converter will decrease current user or decrease customer intention to acquire Cable TV service. Current customers It is far more easy and profitable to retain current customers than attracting new customers. As a result, achieving customer satisfaction is very important. To achieve this, react to customer needs and so following recommendations are advised. Improve customer service As the majority of the customers dissatisfy with the customer service according to the findings. It is suggested that the number of staffs answering for phones should be increased and more training should be provided to staff to fasten the serving time and be consumer friendly. Introduce paid local film channel The findings show that the local movie channels are criticized as out-dated and repeated too frequently. However, providing latest film is costly, so it is suggested to introduce paid channel to satisfy consumer need and balance the costs. However, it has the direct competitors such as cinemas, which can give the audience better atmosphere. In addition, VCD is also anther competitor and it is very cheap and the latest films are also available. Yet, by introducing local film channel, it has the competitive advantages of convenience as the audience can just stay at home and enjoy the movie. The time and cost of searching information of customers reduces. Change to digital converter Analogue converters cannot watch some of the programs in basic plan nowadays which will dissatisfy current customers. Nevertheless, changing all converters is quite expensive and not all the users are willing to pay for the charge. Quantity of advertisements From the survey, most of the users thought that one of the advantages of Cable TV less advertisements. However, the amount of advertisements about Cable TV is increasing within the channels. It should pay attention to the quantity of advertisements to retain the customers. Launch female-favored channel Cable TV should launch a new channel targeting on the female. Programs that suit female include local shopping discount guidelines, or beauty news should be broadcasted. Long term Directions: In long run, Cable TV should improve its overall service include: Provide video-on-demand (VOD) service Video-on-demand service is a system based service that audiences can select watching any programs in any time. The new service can allow customers to enjoy a variety of programs on the interactive platform by offering more interactive application channels. The advantage of this service is that it can eliminate the restriction on the time schedule of different programs, thus it can satisfy audience instant gratification of specific TV program and they need not to wait for any time slot. In Hong Kong, people have an instant- need noodle culture which means that they demand instant food fulfillment with minimum cooking time. As the rhythm of their lifestyle is very fast, they are impatient to wait for a TV program on schedule. The disadvantage of this action is that it requires a higher cost to develop and apply this technology and Cable TV also need the technical support by other countries such as Japan and US. Channel based selection plan Consumers can acquire particular channels instead of paying a lump sum fee for a basic plan which included many channels. Base on the research, as many current basic plan users only watch a few channels and hence they would like to complain for pay the lump-sum fee. If Cable TV charges their price by the number of channels watched, people from lower income group would also apply for pay TV service due to the lower fee charged. As there are more combinations of customer to choose, Cable TV consumption plan become more flexible and consequently their market share in the pay TV service would be enlarged. However, as Cable TV provide many channels with different TV programs; consumer may not have a better understand of the nature content of that channel. So it requires more promotion effort to introduce to customer. For example, they can adopt a trail one time policy to let the potential consumer to try Cable TV service. Develop High Definition TV (HDTV) High Definition TV (HDTV) provides high quality TV picture. Now, the picture of Cable TV is restricted to 480I resolution. They can increase to 1080I resolution which is just the standard of TV resolution in Japan. Include more exclusive programs Cable TV should buy more patent from foreign TV channels and productions. To remain their high competitiveness and uniqueness, they need to provide more exclusive channels and productions which can not be broadcasted by their other direct competitors. Conclusion Cable TV, having the largest market share of pay TV service in Hong Kong, is facing increasingly keen competition since the introduction of Now Broadband TV. The main competitors changed from free TV service in the past to the broadband and other pay-TV services now. By our in-depth interview and literature review, pay TV users has an interesting characteristics and behaviours which enable us to base on the findings to suggest recommendations to help Cable TV fight against other pay TV service companies. Many competitors build up their marketing strategies from the aspects that Cable TV underperformed. Therefore, Cable TV has to revise its current marketing strategies and implements short term and long term actions that are recommended in order to maintain the market share and to the industry leader.
Tuesday, March 3, 2020
Pelican Facts
Pelican Facts There are eight living species of pelicans (Pelecanus species) on our planet, all of which are water birds and water carnivores that feed on live fish in coastal regions and/or interior lakes and rivers. The most common in the United States are the brown pelican (Pelecanus occidentalis) and the Great White (P. anocratalus). Pelicans are members of Pelecaniformes, a group of birds that also includes the blue-footed booby, tropicbirds, cormorants, gannets, and the great frigate bird. Pelicans and their relatives have webbed feet and are well adapted to catching fish, their primary food source. Many species dive or swim underwater to capture their prey. Fast Facts: Pelicans Scientific Name: Pelecanus erythrorhynchos, P. occidentalis, P. thagus, P. onocrotalu, P. conspicullatus, P. rufescens, P. crispus, and P.philippensisCommon Names: American white pelican, brown pelican, Peruvian pelican, great white pelican, Australian pelican, pink-backed pelican, Dalmatian pelican and spot-billed pelicanBasic Animal Group: BirdSize: Length: 4.3ââ¬â6.2 feet; wingspan: 6.6-11.2 feetWeight: 8ââ¬â26 poundsLifespan: 15ââ¬â25 years in the wildDiet: CarnivoreHabitat: Found on all continents except Antarctica, near coastlines or large inland waterwaysPopulation: Estimates only available for two near-threatened species: Spot-billed, (8700ââ¬â12,000) and Dalmation (11,400ââ¬â13,400)Conservation Status: Dalmatian, spot-billed, and Peruvian pelicans are classed as Near-Threatened; all other species are Least Concern Description All pelicans have two webbed feet with four toes, all of which are connected by the web (known as the totipalmate foot). All of them have large bills with an obvious gular pouch (throat pouch) which they use for catching fish and draining water. Gular sacs are also used for mating displays and regulating body temperature. Pelicans have large wingspans- some over 11 feet- and are masters in the air and on the water.à A great white pelican uses its gular pouch to capture a fish. Michael Allen Siebold / Getty Images Habitat and Distributionà Pelicans are found on all of the continents of the world except Antarctica. DNA studies have shown that pelicans can be grouped into three branches: Old World (spot-billed, pink-backed, and Australian pelicans), New World (brown, American White, and Peruvian); and the Great White. The American white is restricted to interior parts of Canada; the brown pelican is found along the western coast and Florida coasts of the United States and northern South America. The Peruvian pelican clings to the Pacific coastlines of Peru and Chile. They are fish eaters that thrive near rivers, lakes, deltas, and estuaries; some are confined to coastal regions while others range near large interior lakes.à Diet and Behaviorà All pelicans eat fish, and they hunt for them singly or in groups. They scoop up fish in their beaks and then drain the water from their pouches before swallowing their prey- which is when gulls and terns attempt to steal the fish from their beaks. They can also dive into the water at great speed to capture their prey. Some of the pelicans migrate large distances, others are mostly sedentary.à Pelicans are social creatures who nest in colonies, sometimes as many as thousands of pairs. The largest of the species- the largest ones, Great White, American White, Australian, and Dalmation- build nests on the ground while the smaller ones nest in trees or shrubs or on cliff ledges. The nests vary in size and complexity.à Pelicans Diving for fish. Jean-Yves Bruel / Getty Images Reproduction and Offspringà Pelican breeding schedules vary with the species. Breeding may occur annually or every two years; some occur in specific seasons or occur year round. The eggs vary in coloration by species from chalky white to reddish to pale green or blue. Mother pelicans lay eggs in clutches that vary with the species, from one to six at once; and the eggs incubate for a period between 24 and 57 days.à Both parents take a role in feeding and tending the chicks, feeding them regurgitated fish. Many of the species have post-fledgling care that can last as long as 18 months. Pelicans take between three and five years to reach sexual maturity.à Pink-backed Pelican (Pelecanus rufescens) can be found in Okavango Delta, Botswana. Dave Hamman / Getty Images Conservation Statusà The International Union for Conservation of Nature (IUCN) considers most pelican species of least concern. Population estimates are available for two near-threatened species: In 2018, the spot-billed pelican was estimated by the IUCN as between 8700 and 12,000 individuals), and the Dalmatian pelican at between 11,400 and13,400. Currently, the American white and Peruvian are known to be increasing in population while the spot-billed and Dalmatian are decreasing, and the Australian and pink-backed are stable. The Great White Pelican has not been counted recently. Although brown pelicans were listed as endangered during the 1970s and 1980s because of pesticides that had entered their food chains, the populations have recovered and they are no longer considered endangered. Evolutionary History The eight living pelicans belong to the order Pelecaniformes. Members of the Order Pelecaniformes include pelicans, tropicbirds, boobies, darters, gannets, cormorants, and frigate birds. There are six families and about 65 species in the Order Pelecaniformes. Early Pelecaniformes appeared during the end of the Cretaceous period. There is some controversy whether or not Pelecaniformes all share common descent. Recent studies suggest that some shared characteristics among the various pelecaniform subgroups are the result of convergent evolution. Sources Brown pelican. National Wildlife Federation, Wildlife Guide, Birds.Pelicans. IUCN Red List.à Kennedy, Martyn, Hamish G. Spencer, and Russell D. Gray. Hop, Step and Gape: Do the Social Displays of the Pelecaniformes Reflect Phylogeny? Animal Behaviour 51.2 (1996): 273-91. Print.Kennedy, Martyn, et al. The Phylogenetic Relationships of the Extant Pelicans Inferred from DNA Sequence Data. Molecular Phylogenetics and Evolution 66.1 (2013): 215-22. Print.Patterson, S.A., J.A. Morris-Pocock, and V. L. Friesen. A Multilocus Phylogeny of the Sulidae (Aves: Pelecaniformes). Molecular Phylogenetics and Evolution 58.2 (2011): 181-91. Print.
Sunday, February 16, 2020
Balancing Identity and Privacy - Growing risks and concerns about Essay
Balancing Identity and Privacy - Growing risks and concerns about social networks. Report - Essay Example But inherent in such transformation is the critical need to pay attention for security of the identity. The era of faceless business transactions has accompanied with itself the need to take serious look at the identity of a person. Identity has become a database entry which can now be disconnected from any physical recognition. It can be bought and sold like a commodity and is subject to theft and widespread misuse. This report will take a look at the repercussions of widespread social media on business and society as a whole. Blogging and Tweeting are terms used in the world of social media and they also becoming par to business vocabulary. But such terms are tip of the social media iceberg. Companies like Twitter, Facebook, YouTube and LinkedIn are now changing the rules of how companies are doing business. In 21st century social media is changing the working environment of the company. The employees and employers are now practicing more flexibility along with the ability to respond to such conditions quickly. For many businesses social media is a boon which can be used to reach out to large target customers in a cost effective way. But they are also taking a close look the risk involved like theft, cyber bullying, fraud, defamation and invasion of privacy. Many believe that social media has a corporate value and is critical to the success of marketing efforts. Many senior executives believe that there are many potential risks which are involved while using social media. According to them the primary ri sks include disclosure of proprietary information, out-of date information, identifiable information and fraud (Jagatic, Johnson, Jakobsson and Menczer, 2007, pp. 94-100). The presence of Social Media has changed the way people communicate and interact with each other. But the world of social media has created a whole new world of security, privacy, intellectual property, employment practices and legal risks. Privacy risk refers to the process
Sunday, February 2, 2020
Trinity Church, Boston Essay Example | Topics and Well Written Essays - 1500 words
Trinity Church, Boston - Essay Example The construction of the church was ordered by Rector Phillips Brooks who was in charge of the parish. The original church burned down in the Great Boston Fire of 1872, which prompted Brooks to seek a designer for a brand new church. He is the one who influenced the commissioning of Richardson, an emerging reputable architect at the time. Richardson himself was not widely known before this particular project that was to change his reputation forever, for the better. The building came up at a time when the neo-classical architecture had emerged strongly in the post Baroque era. The Baroque era traced back to the Council of Trent of 1545 emerged out of a counter reformation in the Catholic Church against the Protestant movement at the time. It coincided with the emergence of wealth and power in the Catholic Church and colonial Europe. It was therefore an expression of the pride, opulence and power of the state and church of the era. It replaced the classical era, which insisted on funct ional forms and simple order of symmetry in structures. The Baroque era tended to achieve structural unity in its own seemingly asymmetrical way. In addition, it emphasized structure that appealed deeply to the emotions; something that classical architecture had frowned at.Subsequently, the emergence of the neo-classical era was therefore a kind of restoration of the old classical forms with the requisite improvisations adopted from other forms, including Baroque. The movement came out strongly in the mid to late 18th century.
Saturday, January 25, 2020
External Environment Macro Analysis Pest Analysis Marketing Essay
External Environment Macro Analysis Pest Analysis Marketing Essay Political -. European Union and world trade union had contributed massively in the globalisation that had promoted globalisation but due to recession especially in US and European market the governments of the countries have started pursuing protectionism policies. In UK and USA the government is promoting the policy of giving job opportunities to their citizens first then the outsiders. Such policies would bring a big change in strategy formulation of many companies. Economic the GDP growth of the developed countries have been falling in the last five years. Moreover the year 2009 would experience more big fall in GDP whereas the BRIC countries have shown good growth of more than 7% in last five years but due to recession in the world market there will be fall in their growth also due to global impact Social- due to globalization in last two decades a convergence approach has been observed the world over of accepting global brand irrespective of their culture. Purchasing power in developing countries have increased which had made them spending more on luxuries products. Similarly women and children segment has also become an active segment in the last one decade. Technological -globalization had given rise to tough competition among the MNC, they are investing huge amount on research and development to bring new improved products to attract customers. Providing differentiated products from the competitors is generally the aim of giant companies. external environment o t internal environment sW SWOT ANALYSIS BAT is engaged in the manufacture, marketing and sale of cigarettes and other tobacco products. The groups brand portfolio includes over 300 global and regional brands. Strong brands provide the group with the flexibility to frequently launch new products as brand extensions. strong brands provide a competitive advantage to the group in the market place. However, increasing advertisement restrictions may negatively impact the group sales, as advertising is important in driving tobacco sales. Strengths Strong brand portfolio The groups brand portfolio includes over 300 global and regional brands. The groups Global Drive Brands (GDB) including Kent, Dunhill, Lucky Strike and Pall Mall, account for more than 26% of the group global volumes. Strong brands provide the group with the flexibility to frequently launch new products as brand extensions. More importantly, strong brands provide a competitive advantage to the group in the market place. Diversified revenue streams BAT has a wide geographic presence. It operates in 180 markets in Europe, Asia Pacific, Latin America, Africa, the Middle East and the American Pacific region through a large number of subsidiaries and associate companies. Continuous orientation towards research and development The group has been continuously strengthening its research and development (RD) activities in recent past. The group devotes significant resources and attention to product development, process technology and consumer insight research to develop consumer-preferred products with innovative and distinctive features. This is evident from the fact that the group incurred à £105.1 million in the RD activities in FY2008. The RD provides support for the groups current range of products . It also provides guidance on the use of ingredients in products to help to improve the quality and standard of the products as well as comply with national legislative requirements. RD initiative helps BAT to innovate and introduce new products in line with changing consumer preferences. Weaknesses Low employee productivity BATs revenue per employee is lower than that of its closest competitor.The group recorded revenues of à £12,122 million in FY2008, with a total number of 56,170 employees. The groups revenue per employee stood at $400,365.0 in FY2008, significantly lower than that of its closest competitor, Imperial Tobacco. In FY2008, the revenue per employee of Imperial Tobacco stood at $952,078.4, Lack of scale The group lacks scale when compared to its competitors in the market. Many of its competitors, such as Philip Morris International and Imperial Tobacco are much larger in size and in terms of revenues. Philip Morris $63,640.0, Imperial Tobacco à £20,528 BAT, à £12,122 million in FY2008. The groups small scale of operations could turn out to be a disadvantage in the fiercely competitive market. Lack of scale also reduces the bargaining power of the group. Opportunities Acquisitions to strengthen the market position The group has entered into some strategic acquisitions in the recent past. As a result of these acquisitions, the company now has a much stronger market position in Turkey, Denmark, Sweden, Norway and Poland and both acquisitions have performed in line with expectations, while contributing positively to earnings. These strategic acquisitions would continue to benefit the group in future as well. Growing global tobacco industry The global tobacco industry is forecasted to witness growth through 2013. Volume declines are evident in developed markets. However, some developing markets in Eastern Europe and East Asia are recording growth. The performance of the industry is forecast to accelerate, with an anticipated CAGR of 4.1% for the five-year period 2008-13, . This would give a positive boost to the revenues of groups overall business. Declining oil prices The oil prices have been declining in the international markets. declining oil prices is likely to positively affect the groups operations. Declining oil prices would reduce its cost, thus enabling it to increase its operating margins. Threats Increasing advertising restrictions Advertising, promotion and brand building, which are critical to the tobacco industry, are facing increasing regulatory obstacles across the globe. Growing illicit trade Illicit trade in the form of counterfeit products, smuggled genuine products and locally manufactured products on which applicable taxes are evaded, represents a significant and growing threat to the legitimate tobacco industry. The illicit trade constitutes a larger portion of the total tobacco industry across the world. Economic slowdown in Euro zone BAT derives major portion of its revenues from the European market Representing 39.1% of the total revenue. A weak economic outlook for the Euro zone is likely to depress the demand for the groups products, impacting the revenues of the group in the immediate future. external environment FIVE FORCES ANALYSIS Buyer Power The main retail outlets for the US tobacco market include independent retailers, service stations, and supermarkets/hypermarkets. The concentration of retail outlets selling tobacco products is relatively low here, as there are number of outlets where the products can be sold. In the US, independent retailers are the most predominant distribution channel, with 27.6% share of total distribution Furthermore, tobacco products are not the only products sold by most retailers and in most cases retailers are not reliant upon tobacco sales thus boosting buyer power. Customers are likely to be susceptible to brands, so potential pull-through of end-consumer demand on retailers exists, weakening buyer power somewhat. Overall, buyer power is moderate. Supplier Power Tobacco is an agricultural product and therefore key suppliers to the tobacco market include tobacco leaf farmers. These farmers lack power in the supply chain due to their smaller size, with many farms being family run businesses, particularly those in developing countries. Further inputs to the market include processing aids, humectants (which keep the tobacco moist and pliable), preservatives and brandspecific flavors. Other key inputs include packaging materials, such as paper/card, plastic, and foil to protect and preserve the products of this market. More specifically, packaging manufacturers supply the market with in-line rotogravure printed hinge-lid blanks and soft packs, RYO (Roll Your Own) tobacco booklet covers, as well as printed OPP film (Oriented Polypropylene film), bundle wraps and tobacco pouches. Due to the relative size of such suppliers, their respective influence over the market is increased. There are limited alternative raw materials in this market, so players are unlikely to switch between suppliers boosting their power somewhat. Overall, supplier power is moderate. New Entrants The dominance of existing brands is notable within the US tobacco market, with leading players such as Altria Group or Reynolds American benefiting from scale economies. Legislation and Government regulation with regards to smoking also continues to get more and more stringent within this market, i.e. a complete ban for smoking in public places has been implemented in a number of states. Current tobacco control strategies seek primarily to decrease the demand for cigarettes through measures that encourage individuals to adopt healthier behaviors, raising entry barriers. Such regulations could effectively deter the threat of new entrants. Furthermore, shelf-space in retail outlets is finite and retailers may be unwilling to substitute other established brands in order to stock those of an entirely new, unproved brand. Overall, there is a moderate from new entrants to the US tobacco market. Substitutes Tobacco products are non-durable goods, and substitutes for tobacco products may include various other non-durable consumer goods, for example nicotine gum, nicotine patches, and herbal cigarettes. However, there are inter-segmental substitutes apparent within this market, alternatives to cigarettes and fine cut tobacco products include: smokeless tobaccos, cigars and pipe tobacco. Players and consumers alike may substitute one tobacco product for another, with players who specialize in the manufacture of cigarettes diversifying into cigars as an example. However, inter-segmental substitution still involves essentially the same product. The benefits of substituting tobacco products for alternate non-durable consumer goods are especially notable in concern to consumer health, largely due to the health risks associated with smoking (e.g. increased risk of lung cancer, heart disease etc.). These alternative products fulfill consumers need for nicotine, without the harmful effects of inhaling smoke. Unlike tobacco products that face restrictions on advertising in many markets, nicotine replacement products are highly promoted through a variety of media. Overall, there is a strong threat from substitutes to the US tobacco market. Rivalry The US tobacco market is concentrated, with Altria Group and Reynolds American collectively holding over 76% share of the markets value. Product differentiation is essentially limited between the core tobacco products, which include: chewing tobacco, cigars and cigarillos, cigarettes and loose tobacco, which increases rivalry. Illicit tobacco supplies have a negative impact upon players revenues and it is estimated that over 10% of tobacco consumption (around 600 billion cigarettes) a year, globally, is supplied by smuggled or counterfeit trade, which will serve to boost rivalry. Overall, there is a moderate degree of rivalry in the US market. Company analysis MARKET SEGMENTATION I Cigarette sales constitute the largest share of the US tobacco market, accounting for 93% of the total revenues. In comparison, sales of chewing tobacco generate 3.3% of the markets value. MARKET SEGMENTATION II The United States accounts for 21.8% of the global tobacco markets value. In comparison, Europe generates 41.2% of the markets revenues. Company analysis COMPANY VIEW A statement by Jan du Plessis, Chairman at BAT is given below. company strategy: growth, productivity, responsibility and building a winning organization. Growth company continued focus on our 4 Global Drive Brands (GDBs) has played a major role in these achievements. Last year, our 4 GDBs grew by 16 per cent, with about a quarter of the increase attributable to successful brand migrations. Kent rose by 18 per cent and Pall Mall by 22 per cent Lucky Strike increased by 9 per cent and Dunhill by 7 per cent. GDB volume now represents over 26 per cent of our total volume, providing us with a significant opportunity to add scale to our key competitive innovations. Productivity We have also made further progress with our productivity savings and we are very much on track towards our target of reducing our costs by à £800 million by 2012, Responsibility In 2008, for the seventh year running, we were included in the Dow Jones Sustainability Indexes and we published our first Sustainability Report. Winning organization Employee opinion at British American Tobacco compared favorably with other FMCG companies in the comparator group. Earnings, dividends and share buy-back Adjusted diluted earnings per share grew by 19 per cent to 128.8p. the benefit from the share buy-back programme were partially offset by higher net finance costs, a higher tax rate and an increase in minority interests. Liquidity Arguably the most satisfying feature of our results last year was the high level of cash generation. Free cash flow rose 52 per cent. they continue to maintain investment grade credit ratings. Outlook We remain alert to the possibility of down trading. However, our well balanced portfolio of brands covers all major price points, while our geographic diversity further mitigates the risks for shareholders. We are very much aware of the potential challenges but the inherent strength of our businesses, our brands and our people should make us more resilient than most. Current strategy ACQUISITIONS AND MERGERS It is one the most popular strategies which are being used by the modern corporate for the purpose of diversification. In this most of the tobacco industry it is becoming increasingly popular strategies for the purpose of acquiring market leadership In this BAT are tried to acquire many companies globly for its core competencies, market shares, brands well known R and D and their special technologies The main reasons for acquisition and mergers are the following: It is the strategy by which the BAT is trying to get market leadership and as an edge over its rivals especially in the tobacco industry . BAT is operating in the tobacco industry is attempting mergers and acquisitions as strategy for expanding operations in the world. By using the strategy the corporate are trying to increase their geographical coverage which is a most crucial strategy or technique by which it is a able to target its final consumers thus it is an effective strategy by which the customers are being targeted in a short span for its main benefit is the integration which helps the firms to increase their outlets. Acquisitions and mergers helps in expanding of the output that leads to achievement of economies of scope which in turn increases the earning capacity or the profit margins of the firms using such a strategy. This helps in the using of the brand name of BAT by the acquiring firm which helps in providing benefits to BAT, by using strong brand name for increasing their customer force. ACQUISITIONS AND MERGERS PROBLEMS Problems of integration- if the subsidiary organization is not able effectively integrate with the parent organizations operation then the whole exercise of acquisitions and mergers can be into a big problem. In case of BAT has always maintained its independence and culture. Problems concerning the human resources-If the resources especially its human resources are not being utilized properly in accordance then in such cases the usage of such strategies for the purpose of acquiring company can be futile Problems concerning the conversion of the subsidiary company into the parent companies culture- The acquiring company has to ensure that the subsidiary company should not have much problem in converting in accordance to the BAT framework. Future entry strategy There are many ways to enter the foreign market as explained in the diagram above Acquisitions Probably the most important reason for this method of market expansion is that associated with the particular assets of the company: brands, market share, core competencies and special technologies may all represent reasons for purchase Mergers. Mergers are similar to acquisitions in the sense of two companies combining. However, mergers usually arise because neither company has the scale to acquire the other on its own. Joint ventures and alliances-A joint venture is the formation of a company whose shares are owned jointly by two parent companies. It usually shares some of the assets and skills of both parents. Cereal Partners Inc. is a 50/50 joint venture between Nestle and General Mills (US) whose purpose is to attack Kelloggs breakfast cereals Franchise-A franchise is a form of licensing agreement in which the contractor provides the licensee with a pre-formed package of activity. It may include a brand name, technical service expertise and some advertising assistance. Payment is usually a percentage of turnover. McDonalds Restaurants are among the best-known franchises. theory The main advantages and disadvantages of the various methods of market expansion are summarised Methods of expansion: advantages and disadvantages- Advantages Disadvantages Acquisition à ¢Ã¢â ¬Ã ¢ Can be relatively fast à ¢Ã¢â ¬Ã ¢ Premium paid: expensive à ¢Ã¢â ¬Ã ¢ May reduce competition from a rival, although such a move usually has to be sanctioned by government competition authorities à ¢Ã¢â ¬Ã ¢ High risk if wrong company targeted à ¢Ã¢â ¬Ã ¢ Best targets may have already been acquired à ¢Ã¢â ¬Ã ¢ Cost savings from economies of scale or savings in shared overheads à ¢Ã¢â ¬Ã ¢ Not always easy to dispose of unwanted parts of company à ¢Ã¢â ¬Ã ¢ Maintenance of company exclusivity in technical expertise à ¢Ã¢â ¬Ã ¢ Human relations problems that can arise after the acquisition: probably the cause of more failures than any other à ¢Ã¢â ¬Ã ¢ Extend to new geographical area à ¢Ã¢â ¬Ã ¢ Problems of clash of national cultures, particularly where target foreign à ¢Ã¢â ¬Ã ¢ Buy market size and share à ¢Ã¢â ¬Ã ¢ Financial reasons associated with purchase of undervalued assets that may then be resold Joint venture à ¢Ã¢â ¬Ã ¢ Builds scale quickly Control lost to some extent à ¢Ã¢â ¬Ã ¢ Obtains special expertise quickly à ¢Ã¢â ¬Ã ¢ Works best where both parties contribute something different to the mix à ¢Ã¢â ¬Ã ¢ Cheaper than acquisition à ¢Ã¢â ¬Ã ¢ Can be difficult to manage because of need to share and because parent companies may interfere à ¢Ã¢â ¬Ã ¢ Can be used where outright acquisition not feasible à ¢Ã¢â ¬Ã ¢ Share profits with partner Control lost to some extent à ¢Ã¢â ¬Ã ¢ Can be used where similar product available Alliance à ¢Ã¢â ¬Ã ¢ Can build close contacts with partner à ¢Ã¢â ¬Ã ¢ Slow and plodding approach à ¢Ã¢â ¬Ã ¢ Uses joint expertise and commitment à ¢Ã¢â ¬Ã ¢ Needs constant work to keep relationship sound à ¢Ã¢â ¬Ã ¢ Allows potential partners to learn about à ¢Ã¢â ¬Ã ¢ Partners may only have a limited joint commitment to make alliance a success each other à ¢Ã¢â ¬Ã ¢ Unlikely to build economies of scale à ¢Ã¢â ¬Ã ¢ Locks out other competitors à ¢Ã¢â ¬Ã ¢ Slow and plodding approach Franchise à ¢Ã¢â ¬Ã ¢ Lower investment than outright purchase à ¢Ã¢â ¬Ã ¢ Depends on quality of franchise à ¢Ã¢â ¬Ã ¢ Some of basic testing of business proposition undertaken by franchise holder: lower risk à ¢Ã¢â ¬Ã ¢ Part of profits paid over to franchise holder à ¢Ã¢â ¬Ã ¢ Exclusive territory usually granted à ¢Ã¢â ¬Ã ¢ Risk that business built and franchise withdrawn à ¢Ã¢â ¬Ã ¢ Lower investment than outright purchase à ¢Ã¢â ¬Ã ¢ Some of basic testing of business proposition Future entry strategy Three main criteria for deciding how to invest or enter new market are Risk of losing proprietary information in case of direct investment and exporting the risk is very low, whereas in case of licensing and joint venture risk is medium) Resources if company has less resources it should go for licensing and exporting, if it has medium resources it should go for joint venture and if has high resources then direct investment Control if company wants to have full control it should go for direct investment or export with own staff, if medium control then joint venture and licensing and low control then exporting with middlemen in case of BAT the firm should go for acquisition merger because it would give the company full control on the brands of the acquired company. thus freedom to take their own decisions. Secondly the risk of losing proprietory information would be very less as acquired company would not copy such information Thirdly the company has enough resources to go for such move Current strategy or company analysis Marketing mix strategy While entering in different countries BAT has to take decision or formulate strategy relating to four factors of marketing mix -product -promotion price place BAT would be mainly has to decide about the Problem relating to standardization or adaption-Standardising or adapting the international marketing mix Product as BAT has to enter in the new market they have to take decision relating to product positioning and formulation. The company has to analyse the culture of the country and then take appropriate decision whether to use same brand names or to lanch changed brands or products in the market. the changes if required might be done in many areas like design, service offering, brand name, pack design Promotion- BAT has to decide whether advertising proposition, creative presentation, sales promotion, personal selling style needs changes or not. Generally if the products are changed that definitely requires changes in promotion strategy according to the culture Price especially in case of developing countries prices pay major role on the decision of the customers purchase. Therefore appropriate decision have to be taken by BAT for price, discount structure, credit terms distribution channels- distribution channels have to used which are more famous in the new market to reach the products to customers in time. Therefore the company need to make changes in such direction. Future strategy Ansoff matrix In market penetration, a firm seeks to expand the sales of its present products in its present markets through more intensive distribution, aggressive promotion, and competitive pricing. In market development, a firm seeks greater sales of present products from new markets or new product uses. It can enter new markets, appeal to segments it is not yet satisfying, reposition products, and use new distribution methods. In product development, a firm develops new or modified products to appeal to present markets. It emphasizes new models, better quality, and other minor innovations and markets them to loyal consumers. In diversification, a firm becomes involved with new products aimed at new markets. The products may be new to the industry or to the company. Distribution and promotion orientations are different from those traditionally used by the firm. BAT would be using market development strategy to avoid many problems like illegal trading of their products in the market where they havent entered. The main reasons for choosing this strategy are BAT has good experience in entering successfully in new market, at present they are already in 113 countries. BAT has to aggressively pursue this strategy to increase its sales where the market is showing high growth Through this strategy the company can avoid illegal trading of their products in the market where they have not entered. Current strategy generic strategies We begin our exploration of environment-based options by considering the generic Definition strategies first outlined by Professor Michael Porter of Harvard Business School. Generic strategies are the three basic strategies of cost leadership, differentiation and focus (sometimes called niche) open to any business. The Porter generic strategy model identifies two key planning concepts and the alternatives available for each: i) Competitive scope (broad or narrow target). It is possible to target the organisations products as a broad target covering most of the market place or to pick a narrow target and focus on a niche within the market. ii) Competitive advantage (lower cost or differentiation). There are fundamentally only two sources of competitive advantage. These are differentiation of products from competitors and low costs. The following three basic strategies are identified (see Figure): Cost leadership-broad market and low cost position. Differentiation-large market and unique strategy. Focus-narrow target segment and either low cost position or a unique strategy. Cost leader ship and differentiation strategies are alternatives for large firms; a focus strategy isavailable to smaller firms. Porter modified the concept to split the niche sector into: niche differentiation niche low-cost leadership. Cost Leadership strategy: this generic strategy calls for being the low cost producer in an industry for a given level of quality. The firm sells its products either at average industry prices to earn a profit higher than that of rivals or below the average industry prices to gain market share. The cost leadership strategy usually targets a broad market ii. Differentiation Strategy : This strategy calls for the development of a product or service that offers a unique attributes that are valued by the customers and customers perceive to be better than or different from the products of the competition. The value added by the uniqueness of the product may allow the firm to charge a premium price for it. The firm hopes that the higher price will more than cover the extra costs incurred in offering the unique product. Firms that succeed in differntiation strategy often have the following internal strengths: Access to leading scientific research. Highly skilled and creative product development team. Strong sales team with the ability to successfully communicate the perceives strengths of the iii. Focus Strategy : this strategy focus on narrow segment and within that segment attempts to achieve either a cost advantage or differentiation. The premise is that the needs of the group can be better serviced by focussing entirely on it. A firm using a focus strategy often enjoys a high degree of customer loyalty and this entrenched loyalty discourages other firms from competing directly differentiation focus super premium ice cream segment; cost focus economy ice cream segment. In the global car market, Rolls-Royce and Ferrari are clearly niche players they have only a minute percentage of the market worldwide. Their niche is premium product and premium price. BAT should pursue cost leadership strategy because -as the company is using its financial resources in acquiring other companies therefore the company should pursue strategy in which they can earn more profit by spending less or by reducing the cost of production. This strategy would enable the company to earn more profit. Company current analysis BCG Model- product portfolio The BCG Matrix, named after the Boston Consulting Group (BCG), is perhaps the most famous 22 matrix. The matrix measures a companys relative market share on the horizontal axis and its growth rate on the vertical axis. market growth rate for each product, the market growth rate of the product category. Market growth rate is important because markets that are growing rapidly offer more opportunities for sales than lower growth markets. THE GROWTH SHARE MATRIX- the market growth rate on the vertical axis indicates the annual growth rate of the market in which the business operates. It ranges from 0 to 20 percent. A market growth rate above 10 percent is considered high. Relative market share, which is measured on the horizontal axis, refers to the SBUs market share relative to that of its largest competitor in the segment. The growth share matrix is divided into four cells, each indicating a different type of business: stars cash flow question mark dogs high growth high share low growth high share high growth low share low growth low share in this case the business is likely to generate enough cash to be self sustaining Firm can further promote Expand more in the service and product. Invest in R and D Stars are high-growth, high-share businesses. Very often, they need heavy investment for financing their rapid growth. Eventually, their growth slows down and they turn into cash cows. in this case business can be used to support the other business unit -due to high share these units are generating cash to support other sbu They may generate enough surplus to maintain themselves. due to low share the business unit is not able to maintain market share Question marks, are low-share business units, in a high-growth market. -They require a lot of cash, for maintaining the market share. -Any business has to think between building a question mark into stars or whether they have to be phased out. in this case the business is a cash trap as both are low -limited future short term focus and avoid risky projects. Dogs are low-growth and low-share businesses. Current situation BCG matrix Many of the brand of BAT are in star position in certain countries and some are in cash cow position in certain countries, some are in question mark and certain are in dogs position. Benson and hedges, dunhill, lucky 7 and john player are in star position in many countries. These brands are having good market share and good market growth therefore the company should keep investing in such brands. In case of 555 and Viceroy they are in cash cow position in certain developed countries where the market growth has decreased but
Friday, January 17, 2020
Iphone vs Androind Compare and Contrast Essay
Over the last decade, electronic-based companies such as Samsung and Apple have collaborated with cellular-phone carriers, and have studied the average consumer to find endless ways to improve the cellular phone. As a result, the smart phone was born. With their ability to provide users with instant access to communication, entertainment, Internet access, calendar, news, social media, and much more, the smart phone revolutionized and shifted the path of modern technology. In 2006, Apple began this revolution with their release of the iPhone. Being the first proper smart phone, many other companies attempted to mimic the unbeatable features and technology that Apple had included with the iPhone. Though many had failed in doing so, Google managed to keep up with the iPhone with their Android software. Soon enough, Googleââ¬â¢s Android software became the dominant smart phone based software for smart phones not manufactured by Apple. Because of this, Android phones had become just as popular as iPhones. This paper will explore the similarities and differences between both Appleââ¬â¢s iPhone and Googleââ¬â¢s Android. One major similarity between the iPhone and Android phones is their shape. For example, all models of the iPhone have been similar in shape, which can be noted in their rectangular shape and rounded corners. This exact shape can also be seen in many of the Android phones, such as the Samsung Galaxy and HTC Evo. iPhones and Android phones have also been noted for their large touch screens occupying the majority of the front space of the phone, and their job in navigation in place of traditional buttons seen on non-smart phones. Though the trend of this rectangular shape, rounded corners, and large screen has lead to many disputes regarding who had originally designed the structure, manufacturers continue to use this as the basic structure for their smart phones. Though the iPhone and Android appear to be very similar, they have more differences than they do similarities. For example, because of Androidââ¬â¢s alliance of over thirty phone manufacturers, there are currently seventy-seven different models of Android phones. However, because of the act that Apple refuses to allow other manufacturers to use the iPhoneââ¬â¢s IOS software, there are only six models of the iPhone. Differences in appearance are evident as well. For example, higher-end Android phones have been noted for their screens that are much larger than that of the iPhone. However, this limits the screenââ¬â¢s resolution, which is much greater on the iPhone for this very reason. Another similarity between the iPhone and Android are their features. For example, both include a high-resolution camera and MP3 player. In terms of connectivity, they both allow 3G, 4G, and Wi-Fi connection. Like all modern smart phones, they are both based on very similar downloadable applications, and both include a very similar app store. Like the iPhone, the Android also includes a similar notification center, allowing users to view a log of missed calls, text messages, and other notifications from apps. As stated prior, iPhone and Android share many of the same applications, and both display similarities in their app stores. However, the systems of apps for both types of phone are almost entirely different. For example, the apps on the iPhone are of higher quality than that of the Android, and there is a much greater selection. However, Android phones allow users to download applications from third party sources, and the Android app store is much less strict to developers than that of the iPhone. Aside from applications, the software of both smart phones display differences as well. For example, the iPhone is known for its simplicity and user-friendliness, while the Android is known for allowing users to customize everything down to the theme of the keyboard. In conclusion, while the iPhone and Android appear to be very similar at first glance, it is evident that they have more differences then they do similarities. Because of this, both the iPhone and the Android typically tend to attract different groups of people based on what they believe should be in a smart phone, whether they prefer the iPhoneââ¬â¢s simplicity and high quality applications, or the Androidââ¬â¢s customizability and larger variety of apps. As the smart phone has evolved over the last six years, it will continue to do so as consumers continue to buy what smart phone fits them personally. This will evidently lead to new features, advanced screens, further personalization capabilities, and much more, partaking in the further evolution of the smart phone. In the end, the evolution of the smart phone will bring further advancement to modern technology.
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