MATH133 Unit 3 Individual Project 2B Student Answer Form Name (.docx
- 1. MATH133: Unit 3 Individual Project 2B Student Answer Form Name (Required): _____________________________ Please show all work details with answers, insert the graph, and provide answers to all the critical thinking questions on this form for the Unit 3 IP assignment. A version of Amdahl’s Law that was developed in 1967 by Dr. Gene Amdahl states that the speed-up (or efficiency) of using multiple parallel processors can be calculated approximately using the following rational function: Here, x is the number of processors used and p is the decimal equivalent of the percent of the program that must be run sequentially. For each question, be sure to show all your work details for full credit.Round all value answers to three decimal places. 1. Based on the first letter of your last name, in the table below choose a percent of a program that must be run sequentially. If your choice is not a whole number percent, then use at most two decimal places. First letter of your last name. Possible values for p. A–F 5.00%–9.99% G–L 10.00%–14.99% M–R 15.00%–19.99% S–Z 20.00%–24.99% Show your chosen percent here. 2. Write your function.
- 2. 3. Calculate your 6 values of S(x), and enter them and your chosen values of x in the table. Chosen x-values Calculated S(x)-values 10 4. Show the graph. 5. Show your calculations, and explain your conclusions about the maximum possible speed-up. 6. Show your calculations.
- 3. 7. Apply critical thinking to answer this question. Page 1 of 2 MARKETING PLAN Marketing Plan Jessica Peterson Rasmussen College Author Note This paper is being submitted on July 26th, 2015 Elisa Frederick’s Advanced Principles of Marketing Marketing Plan Positioning Strategy Alliance Marketing Consultants offers organizations,
- 4. government foundations, non-government associations (NGO), and people solid, brilliant, and financially savvy counseling administrations for different purposes. This key aspect makes the company unique and separates it from the competitors. It targets the services that plainly decrease business expenses and upgrade working benefits in a sensibly brief time of time will locate a ready corporate business sector. The decision mapping approach is another key aspect which separates the company from the competitors, as it spares both time and cash as it hones concentrate as to the accurate work which should be proficient in our staying counseling or statistical surveying work for your organization. Product Strategy Production strategy refers to the pattern of decisions or actions that the organization takes to produce goods or services. Alliance Marketing Consultants always puts in mind the following Production Strategies while developing a new product. · Investment to made for production · Technology to be used for production · Training to be given to the production staff · Production schedule to be followed · Goods and services to be produced · When to introduce the product With these strategies identified and determined, it then becomes easier to counter the available competition by making the product unique when compared to those offered in the market. Pricing Strategy Penetration pricing is the best strategy for Alliance Marketing Consultants. It is not similar to price dealing, which some marketers market temporary low prices to new products when first hitting the market Penetration pricing is a perfect strategy for a new business entering into the new market and looking to build on a moderate market share. The demand for the product
- 5. is consider to be elastic, i.e. the demanding prices and new consumers will be attracted to Alliance Marketing Consultants, and customers that are willing to buy more for a low price. Alliance Marketing Consultants will be successful if the strategize the penetration strategy correctly to lead to great sale volumes and market shares. It will be marketing their services with affordable pricing will attract more sales, after which the prices will shoot with a small margin Distribution Strategy Distribution channels determine how a business will reach the customer. As the products and services move through the distribution channel to the customer, a price mark-up occurs at each stage of the network. Alliance Marketing Consultants distribution strategy is to use a direct distribution channel with an e-commerce component. The target market includes commercial customers with retail, places of worship, health facilities, and restaurants and high-end residential customers. The marketing strategy makes service access easy and convenient for the target market. The target market customers are generally high-income persons with demanding schedules with a desire to have good work. Marketing Communications Strategy Advertising is the most commonly used tool by the company. The objective of advertising is to increase awareness of the company and reach a wider target market. Advertisements help promote the services or brand by conveying informative messages to a certain target market, they are a persuasive form of promotion as they encourage customers to favor the respective brand. Frequent and repetitive advertisements that are regularly shown on media are a constant reminder about the company and its services. The focus of advertising is on sales and improving the brand image. Sales Promotion – Unlike advertising, this is a method that is more concerned with customer behavior in the short term. It
- 6. gives buyers an incentive or encouragement to buy products/services. Incentives are offered in the form of coupons, free samples, refunds and rebates, premiums, advertising specialties. Public Relations – In this method, the company seeks to increase its goodwill and build good relationships with its stakeholders, consumers, suppliers etc. in the long run. It is a low cost form of promotion as the company’s credibility is portrayed through mass media. Direct marketing – Is a personal form of marketing as personalized information is sent to the customer through direct channels like direct mail, email, Internet websites etc. Unlike advertising, direct marketing has more focus on the target customers this means there is limited communication wastage. This direct communication is used to get a response from the customer in favor of the brand. Marketing Research A key thing that helps Alliance Marketing Consultants out as well is by their location. They will need to be able to see what their potential customers are going to be so that they can meet their customers’ needs. That will be a key to setting up their services. During our data collection process, informal data will be collected and used as our primary source of data. The research instruments that will be used to collect our informal data will be achieved by browsing a sampling of service provider’s websites in an effort to obtain information such as services provided, locality served and contact information. Since every customer organization or firm is special with its own arrangement of issues and opportunities, the work starts with a choice recognizable proof and illumination engagement what we call Decision Mapping. Decision Mapping spares both time and cash as it hones concentrate as to the accurate work, which should be proficient in our staying counseling, or statistical surveying work for your organization.
- 7. References Hollensen, S. (2015). Marketing management: A relationship approach. Pearson Education. Peck, H., Christopher, M., Clark, M., & Payne, A. (2013). Relationship Marketing. Taylor & Francis. Westwood, J. (2013). How to write a marketing plan. Kogan Page Publishers. Wood, M. B., & Jobber, L. (2013). The Marketing Plan. Pearson Canada. SITUATION ANALYSIS Situation Analysis Jessica Peterson Rasmussen College Author Note This paper is being submitted on July 19th, 2015 Elisa Frederick’s Advanced Principles of Marketing
- 8. Situation Analysis Target Market As marketing consultants, our firm will work with you and your organization and administration group in an expert item dispatch, marking research, or business measuring or focusing on engagement. Since every customer organization or firm is special with its own arrangement of issues and opportunities, we regularly start our association with a choice recognizable proof and illumination engagement what we call Decision Mapping. This distinguishes the most applicable issues, opportunities, and issues most important, and serves to elucidate the choice motivation. We accept this is a critical stride to guarantee as specialists to your organization, that our examination or promoting technique engagement meets your particular administration prerequisites. Further, Decision Mapping spares both time and cash as it hones concentrate as to the accurate work, which should be proficient in our staying counseling or statistical surveying work for your organization. (Clarke, & Charmaz, (Eds.). 2014). To start with, we are not industry pros or specialists. Our theory is that we bring a toolbox of systematic and administration abilities to the table. We bring profound industry learning of your business. The mixing of our useful and administration aptitude, and your insight into your own business and industry, settles on for a beneficial choice centered engagement. (Clarke, & Charmaz, (Eds.). 2014). Market Needs Brilliant organizations realize that cunning and viable showcasing is the way to accomplishment amid both great and
- 9. awful monetary times which we are prepared to give. The issue is that numerous organizations are thinking that it’s difficult to adjust their promoting systems to today's financial atmosphere. This is not astonishing as fruitful business advancement obliges advertising background and information that numerous organizations don't have in-house. Putting resources into an accomplished business advertising expert can give associations the help they have to reconnect with their clients and advance their items and administrations all the more successfully. (Hollensen, 2015). Proceeded with development in medicinal services consumptions and huge changes in human services scope are making interest for counseling ventures. This incorporates an emphasis on advanced wellbeing records and an emotional requirement for more prominent productivity and expense control. Consultancies that emphasis on activities that plainly decrease business expenses and upgrade working benefits in a sensibly brief time of time will locate a ready corporate business sector, (for example, advisors who concentrate on income improvement, production network productivity and assembling proficiency). (Hollensen, 2015). Market Trends and Growth Alliance Marketing Consultants incomes (counting HR, IT, method, operations, administration and business counseling administrations) will speak the truth $1,100,000 in 2002, as indicated by our exploration gauges. This speaks to sensible development from $800,000 million amid the earlier year. Then again, lately, corporate benefits when all is said in done developed significantly, implying that administrators are presently additionally willing to approve new counseling activities the length of they see the potential for a decent profit for the expense. For instance, India's driving consultancies have delighted in generous development in representative tally and incomes, as did the greater part of the Alliance Marketing Consultants firms situated in the U.S.
- 10. SWOT Analysis Strength: The strengths of the consultancy firm range from variables, for example, client interest to the absence of rivalry in the outside environment. The particular information, abilities, authoritative aptitudes and different capabilities of the expert advisor will be of specific significance in posting the association's strengths. The key inquiry is the thing that makes the advisor not the same as other administration suppliers in the business sector. Weakness: A genuine evaluation of a counseling association's operations can be led utilizing the SWOT investigation's weakness area. As a sample, snags may identify with restricted access to venture capital expected to dispatch a required marketing crusade. Top to bottom statistical surveying ought to be directed preceding performing a SWOT evaluation in light of the fact that it may uncover a declining client base or new rivalry inside of the objective business sector. Opportunity: Demographic, ecological, political and financial components are ranges where opportunities may exist for a consultancy business. Likewise, critical opportunities may exist if the consultancy firm has an in number proficient system that can be immediately taken advantage of in growing a customer base. Assess advantages in connection to developing markets, new innovation, little business organization support or the accessibility of capital subsidizing. Time breaking points connected with circumstances additionally ought to be noted in this area. Threats: The greater part of the territories offering open doors can likewise posture threats. Case in point, pending enactment may exist that, if passed, will expand expenses identified with acquiring uncommon authorizing and accreditation to work as an advisor. This same enactment may additionally display an open door inside of the field by its capability to build the view of polished methodology connected with the particular kind of consultancy organization. (Terpstra, Foley, & Sarathy, 2012). Similarly as with the majority of the other SWOT appraisal
- 11. ranges, nearly assess the business objective when deciding potential dangers. At the point when distinguishing dangers in the business arranging stage, the objective is to create methodologies to dispense with or limit the risk. Competitive Review We know we have contenders, yet what do you think about them? This segment of our arrangement needs to incorporate an examination of our key rivals, how they advertise their administrations/items, how they separate themselves in their promoting endeavors, and what sort of piece of the pie they have. We can help you with focused insight for both national and global organizations. (Ferrell, & Hartline, 2012). Product Review As specialists and masters in marketing and statistical surveying, we are very much qualified in these technique arena: brand equity measurement, brand development, brand strategy, company branding, product launch, new product development advertising strategy, corporate and product naming, identifying opportunities, pricing, and targeting positioning. (Ferrell, & Hartline, 2012). References: Clarke, A., & Charmaz, K. (Eds.). (2014). Grounded theory and situational analysis. Hollensen, S. (2015). Marketing management: A relationship approach. Pearson Education. Terpstra, V., Foley, J., & Sarathy, R. (2012). International marketing. Naper Press. Ferrell, O. C., & Hartline, M. (2012). Marketing strategy, text and cases. Cengage Learning. EXECUTIVE SUMMARY
- 12. Executive Summary Jessica Peterson Rasmussen College Author Note This paper is being submitted on July 12th, 2015 Elisa Frederick’s Advanced Principles of Marketing Executive Summary Alliance Marketing Consultants expects to give promoting administrations to focus on business situations in America and the West Atlantic district. This arrangement looks to create a huge increment in organization deals and benefits from the conveyance of retainer counseling, venture counseling, statistical surveying and mechanical investigation, achievability studies, and key examination and reporting administrations, contrasted with the previous year. The highlights of this arrangement are the focused on gross edge and deals income. The focused on gross edge and deals income for each of the initial five years of this arrangement are exhibited in the accompanying graph and the tables displayed later in this arrangement. These figures speak to the key prospects accessible for Alliance Marketing Consultants. These objectives
- 13. are achievable through a proactive way to deal with the appointment of customers, collaborating with innovation suppliers, and cooperating with legitimate neighborhood and territorial designing suppliers and development firms to diminish rivalry, enhance valuing, and decrease dangers. The proposed business plan has been made on the premise of five years of statistical surveying. Information close the size and development of the business sector and geological fragments, client needs, discernment, and purchasing conduct patterns have been on the rise, and are relied upon to proceed in this pattern for the following five years. Alliance Marketing Consultants feels that it has the capacity fill the opening in the showcasing specialty, and will profit by operations starting in January, Year 1. Alliance Marketing Consultants' objectives are to make an equivalent and reasonable benefit in the business-to-consumer (B2C) and business-to-business (B2B) promoting administrations industry. This objective is to be come to by achieving the numbers exhibited in the Sales Forecast and Financial Plan points. Alliance Marketing Consultants offers organizations, government foundations, non-government associations (NGO), and people solid, brilliant, and financially savvy counseling administrations for different purposes. Our administrations incorporate business advancement, market improvement, market knowledge, mechanical areas investigation, and channel improvement on a worldwide scale, and additionally deals help for worldwide organizations in the American market. The circumstance in some American markets is at present described by the realities that circumstances are difficult, speculation hankerings are low, commercial enterprises are cutting expenses, and spending plans are being sliced. Completely mindful of this circumstance, Alliance Marketing Consultants, subsequent to finishing a five year examination study, has arrived at the conclusion that its potential customers would be occupied with doing things in a quicker witted path,
- 14. with great backing of a dependable and proficient business knowledge. Alliance Marketing Consultants accepts that it can give both arrangements and worth manifestations to its customers. Its senior official advisors have been working with some trustworthy U.S. - based worldwide organizations for over 14 years, and have broad information of America, Asian, and West Atlantic business situations. There are two keys to achievement that Alliance Marketing Consultants is centered around. These are extensively described as Internal and External Factors, and are clarified in more detail in the accompanying two areas. The procedure of progress from the "old economy" to the "worldwide new economy" brings a huge advancement development of e-business, versatility of capital, and liberalization to the locale. Since the new worldwide economy brings new financial aspects, proposed market structures, proposed industry structures, and proposed organization structures, the profile of clients has likewise changed. Clients have advanced from "arrangement demander" to "esteem demander," and from "customers" to "business accomplices." Alliance Marketing Consultants is master effectively centered on building up associations with various computerized substance, organizations, government establishments, territorial (common) government workplaces, NGOs, and individual clients as its imminent business accomplices. Internal Factors The organization feels that it controls its own particular accomplishment through some essential inward variables. These are: Marketing and Selling Power. The administrations the organization gives are made appealing keeping in mind the end goal to keep up a certain rate of B2B and B2C customers. Being a business sector insight administrations supplier, business and business sector advancement counseling administrations supplier, and business and deals agent, Alliance Marketing
- 15. Consultants shows an effective approach in changing over its notoriety into a fantastic brand to guarantee the transformation of its customers' learning into their protected innovation, along these lines making quality for its customers. Greatness in satisfying customer guarantee: Customers don't purchase highlights they purchase advantages. To understand an advantage, a case must be made and confirmation displayed. This organization has had accomplishment on many, many claims. Creating visibility to produce new business leads. Investment by the organization in online business affiliations with respectable worldwide players of e-business innovation is a need. Two of these players are B2Btoday.com and Palo Alto Software. Key connections should likewise be made with organizations, government establishments, territorial (commonplace) government workplaces, and NGOs, and in addition with individual clients. Fantastic administration and consumer loyalty: Everything the organization offers is ensured; in this way, the administrations need to do what the clients need, and do it well. Long haul consumer loyalty is basic to the survival of the organization. Make different opportunities from a solitary line of skill. Organization together Marketing Consultants has the capacity influence from a solitary pool of ability into different income era opportunities: business advancement, market improvement, market knowledge, mechanical segments investigation, and channel advancement on a worldwide scale, and deals help for worldwide organizations in the American market. Key administration group: The right administration group is essential, and must have an in number establishment in showcasing, finance, management, and administrations improvement. The organization is certain about its group. References:
- 16. Hollensen, S. (2015). Marketing management: A relationship approach. Pearson Education. Westwood, J. (2013). How to write a marketing plan. Kogan Page Publishers. Wood, M. B., & Jobber, L. (2013). The Marketing Plan. Pearson Canada. Peck, H., Christopher, M., Clark, M., & Payne, A. (2013). Relationship Marketing. Taylor & Francis.