Iclude 2 in-text citations and place the reference on the reference Essay

Iclude 2 in-text citations and place the reference on the reference page - Essay Example the company launches in the market having many variations, Samsung is confident that their customers will never run out of choices in terms of the products that will truly satisfy their needs and preferences. Samsung has a wide variety of businesses including advanced technology, semiconductors, skyscraper and plant construction, petrochemicals, fashion, medicine, finance, and hotels (Samsung, 2012). The impact of new competition on Samsung’s financial performance is more of a negative one. This is because the new competitors have only forced the company to spend more in order to produce more differentiated products and keep up with the intense competition. Unfortunately, the new competitors of Samsung especially from China have been able to establish a strong presence in the markets, which has contributed to the decline in the sales of Samsung’s products and a decline in profitability (Siegel, 2009). The negative impacts of the recent economic crisis do not help Samsung at all, as majority of the consumers have decided to spend less and save more. Thus, it is safe to say that Samsung has really become troubled by the emergence of new competitors and the threats that they continue to pose to the financial profitability of the company. A new marketing strategy that Samsung should consider in reaction to new Chinese competition is one that will highlight the excellent quality and significant value of its products. It is important for Samsung to emphasize on its marketing strategy that not one of their competitors can be able to match the superior quality and value that their products are able to provide. This should help in gaining the trust and confidence of the consumers to try Samsung products and personally experience their benefits. Aside from this, Samsung has to be willing to spend for advertisements as a form of a marketing strategy, which will help to inform the public about the superior quality and value that their products are able to provide (Grant,

Discuss roles and responsibilities of a System Analyst and relation to Research Paper

Discuss roles and responsibilities of a System Analyst and relation to a project manager - Research Paper Example Master's in business administration is also required. However, some individuals are hired with a bachelor's degree in a technical field, as well as considerable on-the-job business training. This job requires one to possess strategic skills (technical and business) as well as ability to interact with professionals with variety of skills (Shelly, 12). A Systems Analyst must have good analytical skills, (to be able to analyze for the report) good communication skills, and experience in programming is a help also. Basic skills such as grammar, spelling, data entry and Microsoft office (Microsoft words, excel, PowerPoint and Microsoft outlook) skills are also required. Other skills needed are verbal communications and reading of comprehension. It is important for system analyst to be able to understand complex business process. System analyst need to understand business organizations and how they operate. It is important to understand how organizations are structured and managed (Shelly, 34). In addition to understanding the business, analyst must understand business functions such as accounting, human resource, finance and customer care. One should know the organization they are working in, their traditions and values, what it does, what makes it successful and most definitely their strategic plan. A system solution is tailored for specific needs of specific organization. They should also possess people skills and knowledge. This is because system analysts normally work on development teams with other employees (Niznik, 8). They need to understand a lot of people and possess many interpersonal skills. Analysts need to understand how people think, learn, react to change, communicate and work (Shelly, 17). System analyst mostly works in office or laboratory. Their work is more involving therefore most of the times they do overtime. This happens especially when designing a new system or one is being installed. One might be able to telecommunicate but most of their du ties are performed by themselves. System analyst can advance to a senior position such as senior or lead analyst or chief information officer. Most of system analyst after gaining experience, they choose to become independent consultants. Role and Responsibilities One role of systems analysts is to enable systems with different setups to communicate with each other on both hardware and software level (Mannetti, 9). Systems are more varied and advanced as tools such as wireless Smartphone and internet-based applications continue to replace the functions of a regular PC computer. As a result, individuals in these kinds of computer careers should stay abreast of the latest technologies. They are also more in demand to provide systems security as more and more confidential data is stored electronically on a network. Analysts are trusted with private information such as salary, health and job performance information. They should come up with a system that will protect the information fro m being hacked, leaking or tempered with (Mannetti, 4). They might also work with confidential corporate information about products, strategic plans, business tactics and security systems and process. If these kinds of information leak then the organization is doomed. System analysts play a major role especially in governments and security agents. System analyst designs complex systems that will accomplish goals of the business or organization. Design