How does violent game effect to children Research Paper

How does violent game effect to children - Research Paper Example different positions and confusion over the effect of video games on children, it is lucid that results incline more on the negative than on the positive. This paper seeks to address this concern and bring out the actual issues clouding video games on the limelight. Video games have been in existence now for over fifty years. In 1952, Tic-Tac-Toe was developed by A.C. Douglas as part of a science project for his thesis, becoming the first video game to be created. Douglas used Electronic Delay Storage Automatic Computer, and emulator to construct his software, which contained 17 bits and 512 words. Still in the 1950s, William Higinbotham, a Brookhaven employee, developed an elementary game of tennis with an oscilloscope serving as its interface. At times, people refer to his game as the original version of â€Å"pong,† although it is not. Later, in the 1960s, Steve Russel, in 1962, developed Spacewar during his graduate studies. He involved several other students in his work, which later went through modifications and enhancements. His work impacted innumerous students including Nolan Bushnell. In 2010, Kirsch records a video game named Spacewar, developed in 1962, in which spaceship engaged in a fierce battle to death. Although the vide o game design was poor compared to contemporary games, the battling theme of the game has endured through several decades (Herman, Horwitz, Kent, & Miller, 2002). The development of the computer and television also impacted the development of video games greatly. In 1966, Ralph Baer assessed several methods he could use the television to act as a display mechanism for computer games he developed. He later developed and patented the first video game ever to use the television set as its display. Baer entered into a deal with Magnavox in1970 to create a video gaming console. At the same time, Nolan was also busy developing the first game ever to demand pay from gamers. He became successful with his Spacewar game project marking the

Should We Legalize the Sale of Human Organs Research Paper

Should We Legalize the Sale of Human Organs - Research Paper Example Then again, there are individuals who believe it is reasonably sound to sell human organs because others need them to survive as well. This is a counterargument that holds quite a lot of weight, but the manner in which this counterargument is raised holds the legibility issue nonetheless. Now the support factor is being seen as an authoritative one because people believe that the right to live and survive is held by just about everyone in this world and they should not be denied the same due to ban on selling and purchasing human organs (Kaserman 2005). The argument, however, stands in complete denial of what the counterargument is and this is one aspect that needs to be considered, contemplated upon and discussed time and time again. During this discussion, the ‘con’ side of selling human organs is paid emphasis upon so as to inform all about the negatives that arise on a consistent basis. Selling human organs is a problematic matter, because nature has gifted mankind w ith several organs in the human body, and the human being has no right whatsoever to trade off these significant organs for a any amount of money. It is indeed very wrong on the individual’s part to even think this way because nature has given him a responsibility to protect his organs and not to donate them to earn money. There are several others in the world who do not have the organs fitted in their bodies or have them with malfunctioning over a long period of time. Now the duty of the morally sound and sane individuals is to understand where they are going wrong and adopt a corrective stance so that they can be thankful to nature in essence. The ones who believe it is right to sell their body parts and organs should be asked the question that if they did not possess them in the first place, what they would trade off with? The answers would be difficult to find fofr such difficult questions and, hence, it is always a good idea to let the thinking mechanisms go off which te ll about trading, selling and purchasing human organs. Those, who still indulge in them, are ungrateful to nature and do not understand what they are getting into. It is only with the passage of time that nature teaches them a lesson that they learn sooner rather than later. Another argument that stems from the ‘con’ of selling human organs is that it becomes a matter of absolute nuisance for the medical fraternity because they do not get the hang of selling human organs every now and then just to earn money on the part of an individual. Since these human organs are being discussed by people at large as to why they are being sold in such a way, the need is to understand that the selling premise must not come about as openly as it does quite often. There is a dire need to comprehend the fact that certain bans should be in place so that selling and purchasing of human organs is there, and is taken as a crime in the most heinous sense possible. Now when the human organs ar e being exploited by taking away the same from the bodies of sick individuals without even informing them, then this counts to gross measures of cheating, human deception and dishonesty (Kolnsberg 2003). Even some medical personnel are involved in such horrific trading measures which add up to the wrong side of the discussion. How this matter will be resolved in an amicable fashion depends directly on the shoulders of the society more than anyone

Lincoln's Assassination Essay Example | Topics and Well Written Essays - 1000 words

Lincoln's Assassination - Essay Example The Civil War had major implications in the life and death of Lincoln. In 1865, five days after the Civil War ended, Lincoln was shot dead by John Wilkes Booth while attending a play at the Ford’s Theatre with his wife.2 The factors that led to the assassination of Abraham Lincoln did not eventually justify its outcome in the preceding days. Though Booth was convicted for his crimes, not many of those other conspirers were. This indeed created lots of perplexity among the historians and the researchers, in asserting who may or may not have been involved in the assassination along with Booth. There were many conspiracies as whether Booth was solely responsible or he was just a tool in a major plot conspiracy hatched by a group of people. However, the idea that the assassination was a result of grand conspiracy of the Confederates arose immediately after the tragic happening. There exist many facts and evidences to support the possibilities of Confederates plotting the assassina tion of Lincoln. ... ain.3 This is mainly because the Proclamation freed only the slaves in the seceded states while others had to wait until the Constitution was amended in 1865. To add up to the circumstances, the proclamation blocked the intervention of Britain or France into the war, for the support of the Southern states, as they did not want to be portraying it as a war for slavery. All these incidences created hatred against the Lincoln’s presidency, personating him as a tyrant. Though the South had hatred for Lincoln and was fighting for their independence, the Confederate’s plot to abduct or kill Lincoln arose after an Dahlgren incident of discovering Union cavalry officer’s concealed papers, which revealed the attempts of Union soldiers to kill Davis.4 When those Dahlgren Papers were distributed as evidences for plot to kill President Davis, it created outrage and disapproval for the Union government across the Southern states. â€Å"In the resulting uproar Southern newspa pers blasted Lincoln and Union leaders as depraved murderers and ferocious criminals and demanded that they be held personally accountable.†5 Booth was suspected as the Confederate’s secret services operative. One of the strong reasons behind it was that, there were coded letters found in the belongings of Booth, revealing his connection with the Confederates. In addition to that, when Booth escaped, he travelled using an underground path, which the Confederate spy network used to secretly transport resources to and fro. Also, the testimony given by George Atzerodt, a fellow Confederate conspirator, implicated that there were also plans to explode the White House for killing the President.6 However, there is also objection to the fact that Booth was solely a puppet in the hands of Confederate. Being a

The Fall Of Rome Essay Example for Free

The Fall Of Rome Essay During period of government of Diocletian, Roman Empire gains more and more features of Western despotism. In order to strengthen the government, to regulate management of provinces Diocletian (284-303) makes complex of reforms: Administrative – he divides empire into Western and Eastern (final division in year 395); territory of Empire is divided into 10 dioceses (120 provinces); Tax – instead of indirect taxes (which were quite numerous and badly-collected) he promotes the one land- poll-tax in money or natural form (corn, wine, etc); Financial – he starts promotion of valuable golden coin (together with silver and copper, which were already in use); Military – he divides the army into internal armies, border armies and praetorian guards; increases quantity of army for 1/3; provides recruitment; increases the army at account of barbarians. Such reforms although couldn’t stop collapse of â€Å"colossus with clay legs†, which the Roman Empire became in 4-5 centuries, but slowed down its collapse for 1.5 centuries more. Army, officialdom and Christian church (Christianity becomes the government religion in the 4th century) – these are three foundations for Roman Empire of those years. In 476 the chief of German mercenaries uncrowns the last emperor Romulus Augustulus (The Collapse’ Chronology). Title of emperor and the very Empire finishes its existence. The reasons of fall of Rome were as follows: Increase of centrifugal tendencies in provinces; crisis of slave-holding way of manufacturing; appearance of elements of feudal society (colonate); Barbarian invasion (Germans, Hunnes, etc); the government changed into giant mechanism which exhausted their nationals, which often met Barbarians not as invaders, but as liberators; Period of antiquity finished; ‘medium evum’ the new à ©poque in the history of mankind started. What were opinions of historians and other prominent people for fall of Rome? Montesquieu saw the main reason of fall in collapse of Roman military valour and simplicity, which was the result of conquest of Rome rich Western countries. The prominent English historian Edward Gibbon (1737-1794) wrote a work â€Å"History of collapse and destruction of Roman Empire† which has became a classical work. He considers that the Roman Empire represented period, where the humankind was the luckiest and prosperous, especially during the à ©poque of Antonines. He analyses the reasons of fall of Rome and presents more then 20 factor, which influenced the process. His common conclusion is simple and categorical: the reason is in â€Å"triumph of Barbarians and religion† (Edward Gibbon). R. Collingwood related Gibbon’s work to retrograde or historian tendency in historiography of XVIII century; for representatives of this tendency the history is only â€Å"sightseeing of irrational forces†. The other researchers of XIX-XX centuries underlined other factors: progressive decrease of population; penetrating of â€Å"coastal† antique culture inside the country and its extensive expansion, as a reason of loss intensiveness and coming back to old, natural forms of economy; contradictions between city and village; struggle between â€Å"municipal bourgeoisie† and lower classes of city and village, which leads to revolution, the expression of which are military rebellions; Negative role of ruling personality. For example, transfer of power from Marcus Aurelia to Commodious – the Senate looses its prestige, and power of Rome was actually based on this authority; Decrease of quantity in Roman border army, starting from Augustus period of power, which prevented stable and reliable defense of Empire (History Alive material); Christianity and religion of sympathy for all unlucky personalities, weak and low, which appeared on the basis of â€Å"mortal enmity to reality† and became a vampire of Roman Empire as well as brought into naught great dead of Romans. So, taking into account everything we examined here, we can tell that the reasons of fall are connected with specifics of development of Rome as Empire; it means that we have to see combination of factors: Internal reasons – those social, economic, political, ethnic and demographic processes, which are connected with transformation of former polices, civitases, nomes, etc. Because of all this Empire becomes unstable government. It is not enough for fall of Rome, but it is enough to weaken it. The government reached limits of its â€Å"vital space†. Specifics of cultural, religious and ideological development: a) synthesis of their own cultural achievements in order to create non-contradictory system of new beliefs, based on their own traditions; b) great religious invasion from the East As a result of all those factors the Empire becomes weal government. The decisive role then, will play external factors: External factors: meeting of economies – Roman Empire consisted of developed Western provinces, zones of ancient and stable city tradition. Economic intervention destabilized position of government. Great migration of population. In such a way, the Fall of Rome was the result of influence of numerous factors. References: Reasons for the fall of the Roman Empire: All left Rome open to outside invaders adapted from History Alive material [online] http://killeenroos.com/1/Romefall.htm The Collapse’ Chronology [online] http://www.roman-empire.net/collapse/collapse-index.html Medieval Sourcebook: Edward Gibbon: General Observations on the Fall of the Roman Empire in the West [online] http://www.fordham.edu/halsall/source/gibbon-fall.html

Content-based Image Retrieval (CBIR) System

Content-based Image Retrieval (CBIR) System Chapter 1. Introduction Nowadays, in the most of areas it is necessary to work with large amounts of growing visual and multimedia data, at the same time, the number of image and video files on the web is quite big and is still rising very rapidly. Searching through this data is absolutely vital. So, there is a high demand on the tools for image retrieving, which are based on visual information, rather than simple text-based queries. Content-based Image Retrieval (CBIR) consists of retrieving the most visually similar images to a given query image from a database or group of image files. It is a quite useful thing in a lot of areas such as Photography which may involve image search from the large digital photo galleries; Medicine it is used to assist in diagnosis. In most of diseases, their visual characteristics carry diagnostic information and visually similar images correspond to the same disease category. The output of a CBIR system can help to make a decision (Tahmoush, 2007); Military detection of e nemy soldiers or vehicles from screen photographs; Crime prevention it helps police in suspicious peoples identification from large image databases and in image retrieval of crime scene photos (Wen, 2005); Geography frequently used in Geographical information systems (GIS) (Hafiane, 2006) and many others. CBIR has been a subject of intense research over the last 15 years. It is one of the most difficult research areas in multimedia computing and information retrieval. During the research history many different image matching, indexing and retrieval algorithms have been tried. Practice shows that user queries described by visual information are more effective and more precisely meet user needs, than standard text search queries. It is because visual information is closer to the humans perception of the world. 1.1 CBIR Systems Many CBIR systems and tools have been developed to make queries based on visual content. During the 90-ies several notable commercial systems were introduced. IBM developed Query By Image Content (QBIC) system, which lets user to make queries of large image databases based on visual image content properties such as Example images; User-constructed sketches and drawings; Selected color and texture patterns. (Flickner, 1995) Soon after that â€Å"Virage Image Search Engine† of Virage Inc. was developed, which provides an open framework for building systems that explicitly manages image assets by directly representing their visual attributes. (Bach, 1996) Several online content-based web search engines can also be mentioned. â€Å"WebSEEk† developed by Image and Advanced Television Lab, Columbia University. It allows making queries by example and by desired color composition. â€Å"Chabot†, Developed by Department of Computer Science, University of California, which allows to search by colors, but offers limited options such as choosing one dominant color. (Veltkamp, 2002) Global Memory Net (GMNet) was launched for public access in late June 2006. It is a digital library of cultural, historical, and heritage image collections. Among other text-based searching types this web library has a possibility to search by image content. It has two basic options for content based searching. Search by example image, based on its color and shape and by user drawing. For CBIR, GMNet uses SIMPLIcity developed by Prof. James Z. Wang of Penn State University. (Chen 2006) Different CBIR systems use different types of user queries. Typically tools for the content-based image retrieval consist of query statement and a result presentation; this query can be done by providing an example image a sketch, or by choosing desired colors for the image. Results are presented by the top several similar images based on the similarity measure. 1.2 Research Questions Despite the large number of CBIR systems developed, there are still a lot of challenging problems in this area. The important sides that still need to be improved are speed of retrieving, when working with the large databases, accuracy and effectiveness of the retrieved results. So the researchers from multiple disciplines are deeply concerned with these aspects. Comparisons by image content are much more complicated task than by textual data. Generally, content-based image retrievals are based on comparison of image content descriptors that represent visual features of the image. Different features can be used to obtain the image descriptor. To meet specific user needs and in various cases some of them are more effective than others. Sometimes the implementation simplicity is as important as retrieval accuracy and effectiveness. Based on the previous discussion, research questions are the following: What are the basic retrieval techniques? What kind of features are usually used? How the features are obtained from the image? How these features are matched? How the retrieval results are presented to the user? How accurate can be the algorithms, which are relatively easy to implement? 1.3 Objectives The CBIR research often involves two areas computer vision and database systems. The database systems part studies database indexing, searching and retrieval techniques and computer vision part is about image processing, obtaining the image descriptors and image matching. In order to answer the research questions this dissertation focuses on a computer vision part. Image processing and image transformations are used by CBIR systems in order to extract image descriptors. CBIR systems are based on different image features descriptors matching. Some of these systems perform image comparison by multiple features at the same time and some of them use only one feature. In this dissertation we are going to investigate what are the basic techniques used in CBIR systems, which are based on different feature descriptors. We will make a detailed overview of these basic methods. We are also going to implement one of the most effective algorithms in the CBIR field. This is Scale Invariant Feature Transform (SIFT) algorithm (Lowe, 2004) and see how effective and accurate it can be. Chapter 2. Literature Survey 2.1 CBIR systems typical architecture Typical CBIR system has two main functionalities. This is Data insertion and query processing. Data insertion procedures are performed independent of user interaction.   They are applied to all the data. The purpose of this process is to extract visual features from the images in the database. These features are obviously smaller than the actual image and they are then stored for easy comparison reasons, as a characterizers of each image. Query processing starts with user specific request. Request can be done in several ways: By an example image, by giving desired pattern or object, color distribution and etc. Query processing module obtains the visual features from the given request, metric is defined. Then similarity is measured based on the chosen metric and some set of the most similar images are . Features extraction itself involves, selecting the features that have to be extracted, it depends on the type of user query. The feature extracting algorithm is chosen to create the feature vector from the selected features. Eventually, image descriptor is formed which are then used to compare the images. (Torres, 2006) 2.2 Semantic Gap Basically, similarity searching between the images is based on low-level and higher-levels of queries. (Eakins, 1996) Low-Level Similarity in this case visual features to describe the image are primitives such as color, texture and shape. Higher-Levels, Semantic Similarity at higher levels, similarity searching is not based on a simple features. In this case images are described by higher level of semantic attributes. This involves identification of the object types depicted in the image. These two levels of queries form the problem called semantic gap. Semantic gap can be defined in the following way: â€Å"The semantic gap is the lack of coincidence between the information that one can extract from the visual data and the interpretation that the same data has for a user in a given situation.† (Datta, 2008) In another words, images with high low-level feature similarities may still be different in terms of user perception. So similarity by low-level features, not always mean semantic similarity of these images. 2.3 Content Comparison Techniques This dissertation is concerned with low-level similarity features extraction .CBIR for low-level similarity queries needs techniques which can be used to obtain the image content descriptors to compare images based on their color, texture and shape. Color Image content comparison by color is based on matching images by their color distribution. In this case image feature identifies the proportion of pixels of specific color or colors within an image. So one can make color searches by indicating desired concentration of colors or by an example image with desired color distribution and get similar images. Color histograms are widely used to extract the color distribution descriptors from the image. It is a statistic of the color of pixels in the image. First color distribution is represented by appropriate color histogram, and then color vector is formed from that histogram. Lets discuss several color feature extraction histograms. Conventional Color Histogram (CCH) This histogram consists of occurrences of each color in the image. Each pixel is associated to only one its own histogram bin only on the basis of its own color. This color histogram uses the probability mass function of the image pixel intensities. (Suhasini, 2009) Fuzzy Color Histogram (FCH) as an opposite to CCH, in FCH each pixel is associated to all bins of histogram with different degrees of membership depending on color similarity of the pixel. This is done by fuzzy-set membership function. (ferone, 2008) Color Correlogram (CC) color correlogram of an image is a table which is indexed by color pairs, where the d-th entry of (i,j) cell shows the probability of finding the color j at a distance of d from a pixel of color i in the image extracting. Such a feature from the image is tolerant to the changes in appearance of the same scene which can be caused by changing the viewing positions, but color correlogram is more difficult to compute than color histograms. (Huang, 1997) Texture Retrieval by image texture in a similar to color-based feature extraction, but it looks for visual patterns in images rather than colors. So it looks at homogeneity that is not a result of a single color presence or intensity of a pixel value. Sometimes it also provides more spatial information. The most basic method used to extract the texture descriptor from the image is based on Fourier Transform. The initial image is transformed by the Fourier function. As the method works on digital images, Discrete Fourier Transform (DFT) is used. DFT converts images from the spatial domain into the frequency domain, where all the spatial frequencies of the original image are represented. In another words this transformed image shows intensity variations over a number of pixels. Transformed data is grouped to obtain several measures from it. Then descriptor is formed of these measures and is used for comparison. (Nixon, 2007) Shape Shape-based image retrieval comparison looks at shapes of regions within an image and searches for the shapes similar to given as in a query image. Edge and blob detections are important parts for the shape feature extraction. These edges and blobs are points or regions in the image that are either brighter or darker than the surrounding. Several methods are used for shape-based image retrieval, which involve different kind of image filtering and image transformations. One of the most effective algorithms for shape-based image retrieval is Scale Invariant Feature Transform (SIFT) algorithm, which was first developed by David Lowe in 1999, at the University of British Colombia. It takes a single image as an input and returns a set of detected image features. In SIFT algorithm image filtering is based on Gaussian function. After image filtering SIFT uses Difference of Gaussian (DoG) pyramid for blob (keypoint) detection. The image feature descriptor, which is called keypoint descriptor is 128 element feature vector and formed of gradient magnitudes and orientations computed for the area around the identified keypoints. (Lowe, 2004) Chapter 3. Research Method 3.1 Research approach Mathematical methods play key role in the most of CBIR algorithms. Often mathematical solution of the problem is difficult or impossible to implement practically, therefore it is important to assess the method in practice. Thats why Experimental approach will be used in this dissertation. This method of primary research forces to experience and overcome all the difficulties that can appear during the practical implementation of theory. It requires focusing on the details of algorithm and clearly shows advantages and disadvantages of the particular algorithm. It also gives possibility to assess the instruments used in experiment, which are not less important than algorithm itself. In this dissertation, one of the CBIR algorithms for shape-based image retrieval will be implemented for a number of images and the results will be assessed 3.2 Tools and Technologies used This study focuses on the algorithm which involves image processing. It will be implemented under the Microsoft .net framework platform and using GDI+ and C# programming language. .Net framework provides managed interface for GDI+; therefore its relatively easy to process images using this platform. Microsoft Visual Studio .Net will be used as an IDE. This experiment will also show how useful can be .net framework library and C# language for image processing purpose. References: Bach J., Fuler C., Gupta A., Hampapur A., Horowitz B., Humphrey R., Jain R., Shu C., (1996) The virage image search engine: An open framework for image management SPIE Conference on Storage and Retrieval for Image and Video Databases; Chen Ch. Ch. (2006),Using Tomorrows Retrieval Technology to Explore the Heritage: Bonding Past and Future in the Case of Global Memory Net; available at: http://ifla.queenslibrary.org/IV/ifla72/papers/097-Chen-en.pdf last accessed on 24th September 2009 Datta R., Joshi D., Li J. and Wang J. Z. (2008) Image Retrieval: Ideas, Influences, and Trends of the New Age. Eakins J.P. (1996) Automatic image content retrieval are we getting anywhere?Department of Computing, University of Northumbria at Newcastle, available at: http://www.cs.uu.nl/docs/vakken/mir/materials/literature/eakins.pdf last accessed on 24th September 2009 Ferone A., Maddalena L., Petrosino A., (2008) The Enhanced Color Histogram: a way for dealing with uncertainty in CBIR systems, University of Naples Parthenope, Department of Applied Science; Flickner M., Sawhney H., Niblack W., Ashley J., Huang Q., Dom B., Gorkani M., Hafher J., Lee D., Petkovie D., Steele D. and Yanker P.(1995) Query by Image and Video Content: The QBIC System, IBM Almaden Research Center; available at: http://www2.cs.ucy.ac.cy/~nicolast/courses/cs422/ReadingProjects/qbic.pdf last accessed on 24th September 2009; Hafiane A., Chaudhuri S., Seetharaman G., Zavidovique B. (2006) Region-based CBIR in GIS with local space filling curves to spatial representation Huang J., Kumar S. R., Mitra M., Zhu W. J., Zabih R. (1997) Image Indexing Using Color Correlograms, Cornell University; Lowe D. G. (2004), Distinctive Image Features from Scale-Invariant Keypoints, Computer Science Department University of British Columbia; available at: http://people.cs.ubc.ca/~lowe/papers/ijcv04.pdf last accessed on 24th September 2009 Nixon M. S., Aguado A. S. (2007) Feature Extraction and Image Processing, Academic Press; Suhasini P.S., Dr. K. Sri Rama Krishna, Dr. I. V. Murali Krishna (2009) CBIR Using Color Histogram Processing; VR Siddhartha Engineering College; available at: http://www.jatit.org/volumes/research-papers/Vol6No1/13Vol6No1.pdf last accessed on 24th September 2009; Tahmoush D.   Hanan S. (2007)A Web Collaboration System for Content-Based Image Retrieval of Medical imag;available at:http://www.cs.umd.edu/~hjs/pubs/medicalimagepapers/TahmoushSPIE07a.pdf last accessed on 24th September 2009; Torres R. S., Falcà £o A. X. (2006)Content-Based Image Retrieval: Theory and Applications; available at: http://www.dcc.unicamp.br/~rtorres/artigos/journal/torres06rita.pdf last accessed on 24th September 2009; Veltkamp R. C., Tanase M. (2002) Content-Based Image Retrieval Systems: A Survey; Department of Computing Science, Utrecht University; available at: http://give-lab.cs.uu.nl/cbirsurvey/cbir-survey.pdf last accessed on 24th September 2009; Wang J. Z. (2001) SIMPLIcity: Semantics-Sensitive Integrated Matching for Picture Libraries; available at: http://infolab.stanford.edu/~wangz/project/imsearch/SIMPLIcity/TPAMI/wang2.pdf last accessed on 24th September 2009; Wen Ch. Y, Yu Ch. Y., (2005) Image Retrieval of Digital Crime Scene Images, Forensic Science Journal; available at: http://fsjournal.cpu.edu.tw/content/vol4.no.1/06-95-04.pdf last accessed on 24th September 2009.

Financial Derivatives Advantages and Disadvantages

Financial Derivatives Advantages and Disadvantages CHAPTER 1 INTRODUCTION BACKGROUND Financial derivatives are often an efficient policy of the risk management as they are been used in modern economy worldwide. Financial derivatives grow on huge scale and very significant into well accepted definitions, measurement and the revelation of the conventional financial accounting essentials. Financial derivatives have many advantages and they have been used worldwide. Though, some risks occur in the use of financial derivatives, the management of the financial derivatives become more essential in the modern economy. With the rapid growth of the modern economy, more financial risks exists during the development process which involves the frequent use of financial derivatives, the use of the derivatives assist against potential risks and use of financial derivatives also reveals to the user a huge risk. Financial derivatives are also important through the progress of financial derivatives. Globally, the world economy is fast growing which is leading to so many difficulties in the financial derivatives worldwide which are creating more problems for financial derivatives. However this problem requires the introduction of regulatory body such as government to take over in order to supervise the financial derivatives. The supervision of financial derivatives plays a vital role in modern economy while lack of regulation in financial derivation will lead the financial market into disorder, chaos and confusion. This might destroy the entire nations economy. Financial derivatives without regulation will attract a big potential economic risk. For the financial market globally, such economic crisis affects the economy worldwide. OBJECTIVES OF THE STUDY The Peoples Republic of China has a huge economy which is growing rapidly. There are various types of financial derivatives in china, which are widely used in the financial market. This research will analyze the financial derivative in Chinas financial market and also discuss the classic supervision (regulations) and the analysis of the performance of the supervision procedure. China financial market, its advantage and the risks that exist in the classic financial derivative in China will also be reviewed. This research will reveal major classic in the various types of financial derivatives in china and verify the uses of all the financial derivatives in order to demonstrate its performance of those financial derivatives. The supervision of financial derivatives will also lead to reviewing the Chinas financial environs. The major purpose of this research is to establish the usage of financial derivatives against the financial derivatives. The findings of the research from both the financial derivatives and role of supervision in China will provide an overall insight in the China financial market and also conclude by making some recommendation on the usage of financial derivation and the status of the supervision of financial derivatives in China. STRUCTURE OF THE RESEARCH This research reviews the overall literature on financial derivative in the past with a focus on the impact of the financial derivative, the benefits of the practise of financial derivative and the potential risk of the use of financial derivative. The supervision of the financial derivative analysis will be reviewed with the use of Journals and report. Subsequently, this research work will focus on the case study for the research methodology; the case study is Chinas financial market. This research model information is gathered from both Chinas financial market and the supervision of the financial derivatives in China. Information is however collated in china using the position of a standard financial derivative in China. Using the position of a standard financial derivative in China, the analysis of financial market in China is reviewed with some journals and reports which were used as the data in support of the research and the most vital data is collected by the Chinese national statistics. The research will use both the qualitative and quantitative analysis method, this used to analyse the research data. From the research of classic financial derivative that is practised in China and the supervision of its financial derivatives. This research will adopt the SLEPT method (Social factor, Legal factor, Economic factor, Political factor and Technological factor) to review the countrys financial markets while the SWOT (Strengthen, Weakness, Opportunities and Threats) method will be used in reviewing the financial derivative in the direction of the Chinas financial market, the functions of the supervision of the financial derivatives in China will also be reviewed. Finally, there will be brief conclusions and provide some recommendations on both China financial for market and supervision of the financial derivatives. The limitations of the study will be highlighted and references for further reading will also be listed at the end of this research. CHAPTER 2 LITERATURE REVIEW THE IMPACT OF FINANCIAL DERIVATIVE Financial derivatives have direct influence on the organization as it is a good policy of risk management. Froot et al (1993) observed that the peak level of investment and capital spending are selected at the same time. They recommend that financial cost risk management should have a particular dominant goal; this enables the company to have access to cash to make price improving investments. The risk management model rely on the fundamental premises that the essentials of establishing corporate value is creating good investment and the essentials to creating good investment is generating adequate cash within, in order to use it to find those investments. Nance et al (1993) and Mian (1994) discover statistically important clear relationship between the tax credits and the practise of risk management instruments. Dolde (1995) reported a clear and an important relation between tax loss carry forwards and the practise of risk management instrument which include hedging. Bhandari (1997) found that calls for supervision through a rise in legislation are not generally accepted. Although the main focus of the supervisory body is that the stability of inter market could be strictly undermined without greater supervision. Guay (1999) studies financial derivatives responsibilities in organizations by initiating derivatives practises. The outcomes were consistent with organization practising derivatives to hedge and not to expand, entity risk. Organization risk is measured in different ways which reduces following the use of derivatives. The study observes a decrease in risks and decisions to introduce derivatives programs vary from hedging. The outcome highlights the significance of hedge accounting laws that incorporate the influence of derivatives and hedged items at the same time. Fender (2000) discovered some basics of corporate finance of monetary economics examine the influence of corporate risk management policies on the monetary transmission system. They employed an easy model of a financial speed up to sort the information asymmetries, they are the core of the entire models of the transmission system, it establish motivation for corporate hedging activities, that is cash flow administration, they realise that these principles, in turn, reduce the influence of monetary policy degree which is lower to the clear cost of capital effect. Billing (2002) described the reasons behind the protection and enlightened on how auditors should review the different problems raised from the utilisation of financial instrument. Heilliar et al (2004) accessed the influence of financial reporting standard 13: Derivatives and different financial instruments, implementations and disclosures which focus is on the treasury department responsibilities. The researchers deliberately conduct interviews with the workers of the UK treasury department in order to review their behaviours towards and observed the impact of FRS 13. At large, the treasurer reply at an advantage to the standard and carefully reviewed the narrative disclosure to be specifically useful. The numerical disclosures were comprehensive and focused. The rapid growth in the financial derivatives also has an influence on Chinas financial market. Ba Shusong (2004) believes that financial derivatives have played a vital role in the growth of Chinas market. Subsequently, El-Masry (2006) stated that big firms often used derivatives than average or smaller firms, public companies often use derivatives than the private companies. The use of derivatives is ultimate in the midst of international firms. The findings reveals that most firms that do not use derivative instrument is attributed to the fact their experiences are not important and the major reasons they avoid derivatives are, they focus on the experiences required by FASB rules under derivatives activity, fees of creating and sustaining derivatives activities go beyond the expected profit, foreign exchange risk is often managed with derivatives and interest rate risk is often managed with derivatives and interest rate risk is risk that is subsequently managed risk and the study reveals that the main reason for the use of hedging with derivatives is supervising the volatili ty in liquidity. Bartram (2006) explores the incentive and use of non financial firms with respect to using options in managing risk activities. The study realized that an important number of 15 55% of the companies not within the financial sector practise the options which shows the fact that options are very flexible risk management instrument which can be useful to hedge different types of exposures both linear and non-linear, it also discovered that it rely on the correlation between price and quantity risk, the optimal hedge portfolio involve different combination of both linear and non linear risk management instruments. The accounting ways and the effects of liquidity can influence the selection of derivatives. Eckstein et al (2008) studied the impact of organization using derivatives which applies Statement of Financial Account Standards (SFAS) no 133; it shows the degree of cumulative effects of differences in accounting formulas from the annual income statement adopted, market response to earnings pronounced and the major effect of financial ratio. The outcome reveals that the important negative unpredicted returns were noticed around earnings pronouncement dates. Abnormal earnings correlate with the cumulative effect instead of the differences in earnings per share from operations which reveals that surprises connected to changes in accounting, it is also established that companies with resources unrealized profit and losses are connected to hedging with derivative instrument. THE MERITS OF FINANCIAL DERIVATIVES There are several advantages of financial derivatives from 1990s McAllister and Mansfield (1998) studies the responsibilities and ability of financial derivatives investment property portfolio management and also focus on the difficulties of direct investment in commercial property. They also analyse and the major principles and all different types of derivatives, they rounded it up that the possibilities of financial derivatives to mitigate most of these difficulties which are connected to direct property investment that are studied. They also decided on Property Index Certificates (PIC) have been narrowed by down with shareholders and ought to produce rise in interest rate and the use of derivatives product within the assets both in the UK and global institutional shareholders. Tyler and Stanley (2002), Counter Sheedys call for further readings through the practical examination of the equity derivatives market in US and UK, quarrelling that while link in this market do, to a certain degree, showing features a typical of broader and indeed inherent, to over-the-counter derivative exchange. After that, Zivney et al (2006) discovers the possibilities of using dividend plans by individual shareholders. This plan was raised from the 2003 tax law changes which reduce tax rates on dividends received while abandoning the short term tax rate on capital losses unaffected. Freeman et al 2006, realize that the credit derivatives market is control by high ranking banks and insurance firms that engage in business among themselves. The growth of credit derivatives market develops into more liquid and transparent. Freeman emphasized that there are various easy and practical ways in which organisation can use credit derivatives to manage risk to show the empirical strengths and weakness of a particular approach. Klimczak (2008) produced a detailed assessment of the main contemporary firms hedging theories. The study focused on a sample of 150 companies listed on the Warsaw stock exchange which shows features shared by companies using hedge. RISKS ATTACHED TO FINANCIAL DERIVATIVES From the above literature review it is no gain saying that financial derivatives are advantageous on risk manages of finance. However, some risk occurs in the operation of financial derivatives. Financial derivatives have been faced with so many criticisms this mostly is due to large loose because of leverage and borrowing. Laker (2008) examined that as the derivatives permit shareholders to earn huge returns from small movement in the basic assets price. Though shareholder might lose more money if the basic asset price moves against them drastically and the financial derivatives might expose shareholders to counter party risk and all types of financial derivatives have different risks at different level to this effect. Also financial derivatives will stand as an unsuitable large amount of risk for little and mostly for shareholders who lack experience as financial derivatives offers chances of huge rewards and so many attractions even to individual shareholders. However, speculation under derivatives most presumes a great deal of risk consisting commensurate experience and good market idea which favours a small shareholders, this is the purpose why some financial advisers are opposing the use of these instruments. Derivatives are complicated instrument as forms of insurance in transferring risk among a ll parties involve which presume an additional risk. Laker further identified that financial derivatives often have a huge estimated value, as a result of that there is a high level of risk and shareholders might lose much without been compensated. As stated by Berhire Hathaway inc. (2002) on the annual report, that there is a possibility that this could result in a chain reaction and subsequently in an economic crisis. Also Rawles (2006), financial derivatives enormously leverage within the economy, which makes it more complex for the basic real economy to facilitate its debt requirement and restricting the real economic functions which often lead to economic recession. THE SUPERVISION OF FINANCIAL DERIVATIVES ANALYSIS The supervision of the financial derivatives should be acknowledged as both the advantage and risk that are present in financial derivatives. Though, there are few journals which analyse the supervision of financial derivatives, in the late 1990s, Shah (1996), identified that in the rise of huge losses from derivatives dealers and end users in modern years, many issues are being highlighted as regards the regulatory structure that is necessary to supervise and control the use of derivatives, it disagree that the principle in which the issue can be resolved by strict internal policies whereas regulators assume it is necessary for more precise oversight is misplaced though it still can be use for hedging, Derivatives involves high risk technology which often pose problems for regulations and its functions. Recently, Kern (2001) identified that the global regulation of financial markets became obvious in the 1970s with regards to post Bretton Woods liberalisation of financial markets. The removal of the fixed exchange rate equal the outcome of gold in the privatisation of finance risk, which established tension to eliminate the functions of cross border capital movements and more deregulation of the financial market. However, there is need for general regulatory body to build safe and reliable financial institutions such as bank through an efficient management as systemic risk in general market. Also it is necessary for international standards of supervision to also be acknowledged to avoid solvent in the financial institutions in one jurisdiction from the business to collapse to a less reputable institutions functioning in other jurisdictions whose rules only allowed cut rate financial services and more risky financial functions. The privatization of financial risk leads to establishme nt of financial institutions to blow out their risks over to many resources and functions which lead to an important rise in short term cross border portfolio asset which could reveal capital importing nation to increase system risk which was cause by volatility of such investments. Gilnen Tabak (2007) established a new substitute for gathering information on risks that exists in financial institutions which assist in analysing the risk tools which are found in risk management. This method assists risk managers, supervisors in analysing the potential risk in financial institutions because of derivatives position. The main idea is the linear financial instrument which is also referred to the traditional method often used by management risk system it assist in decreasing roles in risk factors and defend the responsibilities of financial derivatives while the non-linear instrument have roles with different options which are represented as clear as European options. The study shows the proposed method captured the risk occurrence in policies that consists of options with an accepted error margin. CHAPTER 3 DATA ANALYSIS AND METHODOLOGY CASE STUDY The case study of this research will be the the Republic of Chinas financial market; this research analysis will focus on the Chinas financial market, together with the growth of the socialist market of the real economic structure. Chinas financial market is growing with the ongoing exploration. Currently, Chinas financial Market is essentially established as a pure division of the financial system. Chinas financial Market has started forming and many financial commercial have been developed, this includes Bonds, Stock and commercial bills. The capital loan and a bargain securities markets were established steadily after 1985. During the 1988, treasury bonds were established in the transfer market in major and average cities in china. In 1990 shanghai stock exchange was created and 1991 Shenzhen stock exchange was also created. Both stock exchange in 1999, release 98 A shares and 117 subsidiary shares, increasing 87.7 billion Yuan, which increase the total number of companies listed to 976; the aggregate increase in foreign capital is about US$610Million with the use of issuing B and H shares. China releases 1.5Billion Yuan of A shares which can be transferred into bonds. In 1994, 94.1 billion Yuan was realised from issuing and selling stocks. The level of the transaction in the stock exchange by 1999 surpass 5,000 billion Yuan and it was summed up to about 401.5billion Yuan which was the value of government bonds issued and 191.1 billion Yuan was government bonds value in cash. This fund has successfully improved the financial status of the listed companies and a rise in the sources of money for technological transformation of the public banks and financial markets. In recent years, the financial market in China has been undergoing a rapid growth, Neftci and Yuan, Michelle (2006), stated that China financial markets shows about $2 trillion and are anticipating the market to grow to about $10trillion by 2008, the china financial market continues to expand its investment with a view to ensure that their operations are successful. RESEARCH AND DATA COLLECTION There are different types of financial derivatives found in Chinas financial market which are vital for the growth of Chinas financial market. The use of the financial derivatives has led to many financial difficulties in the rapid growth of the financial system, there is need for regulators to be more effective and implement more laws on the supervision of the financial derivatives. This will help to determine and regulate the stability of both the China financial market and the supervision of financial derivatives in china. Classic materials similar to the financial market and financial derivatives in China will be used as a guide. Other source of materials will be from the internet, textbooks and journals. This research work is structured to determine the supervision of the financial derivatives in China. The China financial market is chosen as a case for the analysis. The source of the main data is from China, National Statistics of China; and few of the firms annual report will be used for the data analysis. This research work will further focus on the nature of the Chinas financial market and the outcome of the financial derivatives in China and the supervision structure of the financial derivatives in China. The SLEPT (refer to Social factor, Legal factor, Economic factor, Political factor, Technological factor) method will be used to examine the general system of the China financial market, it will also focus on the classic findings of financial derivatives and also on China financial system in order to examine the nature of the financial market in China. From the results, the research will be based on the nature of the financial derivatives in China to examine the impact, introdu ction, growth, transactions and practise of the financial derivatives on the Chinas financial market. This research will also examine the supervision of financial derivatives in Chinas financial market in agreement with related articles and also to make some recommendation on the supervision of the financial derivatives in China. DATA ANALYSIS The qualitative and quantitative methods are both used to analyze the data. Under the qualitative analysis method, the materials such as journals and all information gathered from the internet are related to Chinas financial market and the supervision of financial derivatives, the report of the classic financial organisation will all be gathered as part of the qualitative assistance to the analysis. Some major dialogue by the classic economist in China will also be the main issues for the qualitative analysis; this is due to lack of interviews by government officials and financial managers of most firms. Generally, the secondary materials used will be part of the quantitative analysis, which will certainly show the problem of this research. As far as the quantitative analysis method is concerned, data and information will be gathered from different firms. The most significant data is gathered from the China National Statistics. Other information and data are gathered from various reports from different firms. It is difficult to make a questionnaire with this research because the research problem is comprehensive. The major source of information and data are gathered from the internet and few reports from the government are the main structure for the quantitative analysis. The major limitations are the quantitative method in this research is the lack of an individuals observations and analysis on financial markets and the supervision of the financial derivatives. CHAPTER 4 SUMMARY OF FINDINGS CLASSICAL FINANCIAL DERIVATIVES USED IN CHINA China commissioned a model in financial future exchange in 1990s. Ba Shusong (2006) stated that the core financial derivatives are the foreign exchange futures, stock index futures, warrants, convertible bonds and national debt future. Few of them do not function any more, although model is not so successful, it was importance for a lot of valuable experiences. However, with the growth in China financial market, the financial derivatives perform well and will return to China financial market and a fresh product which correspond to the requirements of the growth of economy; this will be additional expansion and will certainly play a vital role in the Chinas financial market. Foreign Exchange futures; Gregory (1995) stated that inside the foreign exchange market, each price in a market is a relative price, which shows an equal rate. In the late 1980s and from the beginning of 1990s, China was completely accommodating for financial derivatives and control method of suitable opened. From 1984, the local enterprises and companies can trade the offshore foreign exchange futures via the stock broking company. This will assist in requirement for hedging of local banks corporations and swap the foreign exchange role. The first ever foreign exchange swap of China exchange market was commissioned June 1992 in shanghai. The transaction in the foreign exchange futures in local have been displayed and developed from time to time. Later on, the Shenzhen foreign exchange centre was due for approval of foreign exchange futures transactions. (Ma Qingquan 2003). Ma Qingquan (2003) later on accessed the inner and external foreign exchange future and realized that they all have some difficulties which enabled the government of Chinese to take a bold step to resolve and restructure the foreign exchange market. From 1993 to 1995, during this era, the Chinese government has continuously ordered the closure of unlawful foreign exchange futures brokerage firms. All the local foreign exchange in China did not operate extensively due to absence of regulators which lead to failure of the implementation. National debt futures; the national debt future is another method of interest rate futures; it is after the most growth of financial futures in China. The national debt future was originally found December 1992 in china. The shanghai stock exchange commission was the first contact of national debt future. In the year 1993, the transaction scope of the general debt futures had been worn out mainly, the individuals and brokers was given access to the market. The Beijing commodity exchange also welcomes the transaction of national debt futures. However, the national debt future was unripe for development; this followed the 314 contract irregularities storm in Shanghai stock exchange in Sept 1994 and 327 contract irregularities storm in February 1995 also emerge. May 1995, concluded the transaction of national debt future which finally collapse. Convertible Bonds; Convertible bonds are part of growing process of the growth of Chinas Stock market. Basically convertible bonds have a slight resemblance with stock options. (A stock option is also known as executive stock options). Little (2008) refer to a convertible bond is a kind of bond that can be switch into shares, bonds in an issuing firm. Mostly a few pre-announced proportion which is hybrid safety with same debt and equity characteristics. Ba Shusong (2006), the convertible bonds have experienced and discovered in over a decade since its first implementation in China, they have been known with many groups and they continue to progress and grow since the growth of the recent social economy of China. The convertible bonds are financial derivatives which agree with state of the growth of China economy. It will grow more and further along with the growth of the Chinas financial market. Warrant, this is a type of derivative protection that gives the owner the ability to buy security direct from the issuer at a given price within a specific period. Warrant are mostly part in a fresh issue which is refer to sweetener this is just to attract the shareholder. Between 1992 to 1996, China has commissioned a lot of warrants, which include sock warrant La Dai Fei, others are Ba oan 93 and Fuzhou East in Shanghai stock market while others warrant was also commissioned in Shenzhen stock market. This include Gui Liugong, Xia Haifa, Min minding, Xiang Zhongyi. However, because of the uncontrolled speculation of warrants, there are important speculations in the drop prices of warrants. The operations of the warrants were dismissed by the national regulatory body in June 1996. The reason for the dismissal is due to the absence of regulators of the financial derivative. Hence, it is observed that the supervision and regulation on all types of Financial derivative is very important than the operation of the financial derivative. As soon as financial derivatives is in operation there is need for government to present a supervision in order to regulate the operations and function of financial derivatives therefore the financial derivatives will grow with health except if it will be dismissed at the closing stages due to the disorder of the financial market. In conjunction with the reform of the part construct of warrants, the issue of the warrants were present in the outline again. This is due to bearish and bullish choices with the features of the warrants. It has been an efficient way in the movement for safety of the interests of investors and simultaneously, it leads to a rise in flexible payment of the price of the movement of non-investors. According to Xu Peng (2007) since 2007, 27 warrants have been registered in shanghai and Shenzhen stock market. Stock Index Futures; In March 1993, stock index futures surfaced in Chinas Hainan securities and exchange center, which showed as Shenzhen composite index and Shenzhen A share index. This is in line with the global practise, such as creation of deposit system. Unfortunately, stock market was not huge enough; the trading activities stopped functioning in the same 1993 due to speculation inside the market. Ba shusong (2006) further stated that 14years after, (April 2007), After the official commissioning of the Future Exchange Management Regulations, the stock index futures has reverted given that it has been compelled to shut down 14years earlier. This revert will certainly become an important discussion for everyone and local institutions. STANDARD SUPERVISION OF FINANCIAL DERIVATIVES USED IN CHINA The standard supervision of financial derivatives in China can be categorise into 3, namely, the Risk management, this is the major body of the supervision of financial derivatives, the core regulator of the financial market which is a vital way to regulate the financial derivatives and the creation of rules for financial derivatives which is protection for the supervision of the financial derivatives. RISK MANAGEMENT This involves the risk management of the market, the risk management of credit, risk management of liquidity, risk management of operation and legal risk management. Risk management of market; this is referred to as the loss in the rise and fall of interest rates, exchange rate and stock prices. Market risk management shows the status of a bank in a market in order to increase the number of frequency and duration of the market estimation. Lu wendao (2007), refer this technique of market risk appraisal used in China financial market is to compute the potential of changes in the market price, the exposure of risk and to grow contingency policies in order to enable the right of assessment and to accept the changes in the market. Risk management of credit; The risk management of credit failure is to implement derivatives agreements or breach of contract of financial derivatives credit risk which means when the financial institutions such as banks decide to emulate a transaction which is in agreement with certain regulations. It is recommended that bank should focus more on risk diversification rather than avoiding more concentration of transactions. The risk management of liquidity; Xu and Peng (2007), man

Analysis of Zamnet Communication Systems Using the McKinsey’s 7S Model

Table of Contents Page 1.0 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 2.0 Internal Analysis of ZAMNET Communication Systems. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 2.1 Strategy†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 2.2 Systems†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 2.3 Structure†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 2.3 Structure†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦ 2.5 Staff†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦ 2.6 Style†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 2.7 Shared Values†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3.0 External Analysis of ZAMNET Communication Systems. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3.1 Bargaining Power of Suppliers†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3.2 Bargaining Power of Buyers†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3.3 Threat of New Entrants†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3.4 Threat of Substitute Products and Services†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3.5 Competitive Rivalry†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 4.0 The GE Multifactor Portfolio Matrix†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 5.0 ZAMNET’s Business Model and Marketing Strategies†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 6.0 An e-Marketing Strategy for ZAMNET†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 7.0 references†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 1.0 Introduction In 1994, ZAMNET Communication Systems was established as an Internet Service Provider (ISP) in Zambia. It was the first organization that was put in place to provide the internet services in the region. ZAMNET Communication Systems was strategically located at the University of Zambia so that it can be used in providing research for the highest institution of learning and in turn it could have also benefited from the Research and Development (R&D) from the institution being the highest learning institution in Zambia. Other higher learning institutions in the region could have also benefitted from the synergistic effects of partnering together with the University o... ...Delhi, Tata McGrawhill. Efraim Turan.,David King., Jae Lee., Ting-Peng Liang., Deborrah Turban Electronic Commerce 2010: A Management Perspective (Pearson), [2010], 6th ed. John A., 2009. Not Bosses but leaders, How to lead the way to success.3rd ed. London: kogan page. Carmen C., Tauno K., 2008: Managing intellectual capital in small ITC companies [e-journal] 9 (4) p.4 Available through: Emerald Group Publishing Limited [accessed 9 February 2012] John G. S., 2008: Strategically thinking about the subject of Strategy [e-journal] 9(4) p.2 Available through: Emerald Group Publishing Limited[accessed 9 February, 2012] http:en.wikipedia.org http://www.scribd.com/doc/49629998/1/COMPETITIVE-RIVALRY-WITHIN-AN-THE-INDUSTRY http://www.mindtools.com/pages/article/newTED_97.htm http://wisewolftalking.com/2009/06/15/the-simplest-modelof-change-lewins-freeze-phases/24 Analysis of Zamnet Communication Systems Using the McKinsey’s 7S Model Table of Contents Page 1.0 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 2.0 Internal Analysis of ZAMNET Communication Systems. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 2.1 Strategy†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 2.2 Systems†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 2.3 Structure†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 2.3 Structure†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦ 2.5 Staff†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦ 2.6 Style†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 2.7 Shared Values†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3.0 External Analysis of ZAMNET Communication Systems. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3.1 Bargaining Power of Suppliers†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3.2 Bargaining Power of Buyers†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3.3 Threat of New Entrants†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3.4 Threat of Substitute Products and Services†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3.5 Competitive Rivalry†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 4.0 The GE Multifactor Portfolio Matrix†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 5.0 ZAMNET’s Business Model and Marketing Strategies†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 6.0 An e-Marketing Strategy for ZAMNET†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 7.0 references†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 1.0 Introduction In 1994, ZAMNET Communication Systems was established as an Internet Service Provider (ISP) in Zambia. It was the first organization that was put in place to provide the internet services in the region. ZAMNET Communication Systems was strategically located at the University of Zambia so that it can be used in providing research for the highest institution of learning and in turn it could have also benefited from the Research and Development (R&D) from the institution being the highest learning institution in Zambia. Other higher learning institutions in the region could have also benefitted from the synergistic effects of partnering together with the University o... ...Delhi, Tata McGrawhill. Efraim Turan.,David King., Jae Lee., Ting-Peng Liang., Deborrah Turban Electronic Commerce 2010: A Management Perspective (Pearson), [2010], 6th ed. John A., 2009. Not Bosses but leaders, How to lead the way to success.3rd ed. London: kogan page. Carmen C., Tauno K., 2008: Managing intellectual capital in small ITC companies [e-journal] 9 (4) p.4 Available through: Emerald Group Publishing Limited [accessed 9 February 2012] John G. S., 2008: Strategically thinking about the subject of Strategy [e-journal] 9(4) p.2 Available through: Emerald Group Publishing Limited[accessed 9 February, 2012] http:en.wikipedia.org http://www.scribd.com/doc/49629998/1/COMPETITIVE-RIVALRY-WITHIN-AN-THE-INDUSTRY http://www.mindtools.com/pages/article/newTED_97.htm http://wisewolftalking.com/2009/06/15/the-simplest-modelof-change-lewins-freeze-phases/24