The try-catch-finally Blocks in Java

The attempt get at long last Blocks in Java To make a Java program as hearty as conceivable it should have the option to deal with exemptions. The compiler does its part by not permitting you to incorporate a program until it is linguistically right and can likewise call attention to checked special cases that must be taken care of. Be that as it may, the exemptions that are probably going to cause the most cerebral pains are the ones that show up once the program is running. To help handle these exemptions the Java language gives the attempt get at long last squares. The attempt Block The tryblock encases any explanations that may make an exemption happen. For instance, in the event that you are perusing information from a record utilizing the FileReader class, its normal that you handle the IOExceptions related with utilizing a FileReader object, for example,FileNotFoundExceptionand IOException. To guarantee this occurs, you can put the explanations that manage making and utilizing the FileReader object inside an attempt block:However, the code is inadequate on the grounds that, all together for the special case to be taken care of, we need a spot for it to be gotten. This occurs in the get block.The get Block The get block(s)â provide a spot to deal with the special case tossed by the announcements inside an attempt square. The catch square is characterized legitimately after the attempt square. It must determine the kind of special case it is taking care of. For instance, the FileReader object characterized in the code above is equipped for tossing a FileNotFoundException or an IOException. We can indicate two catch squares to deal with both of those exceptions:In the FileNotFoundExceptioncatchblock we could put code to request that the client discover the record for us and afterward attempt to peruse the document once more. In the IOException get square, we may very well pass on the I/O blunder to the client and request that they have a go at something different. In any case, we have given a path to the program to get a special case and handle it in a controlled manner.In Java SE 7, it got conceivable to dealt with various exemptions in one get square. On the off chance that the code we needed to put in the two catch obstructs above was the very same we could compose the code like this instead:In request to do a touch of housekeeping the extent that assets go, we can include an at long last square. All things considered, we need to discharge the record we have been perusing from once we are done. The at last Block The announcements in the at last square are constantly executed. This is helpful to tidy up assets in case of the attempt square executing without a special case and in the situations when there is an exemption. In the two inevitabilities, we can close the record we have been using.â The at long last square shows up straightforwardly after the last catch square:

Innovation in Agriculture Free Essays

Indian associations have gained notoriety for hierarchical and social development and techniques focused round new ideas of economical advancement. It has been proposed that a portion of these advancements reflect explicit financial and system conditions particular to the Indian setting. Simultaneously numerous Indian firms still can't seem to establish frameworks and methodology required for supporting mechanical, item and administration advancements. We will compose a custom paper test on Development in Agriculture or on the other hand any comparative theme just for you Request Now The presence of formal RD offices/divisions, offers a ceremonial fig leaf for advancement practice. The nonappearance of authoritative help and an all encompassing advancement procedure combined with an integrative point of view clouds or restricts the improvement of a proactive development methodology. The conundrum of Indian advancement recommends that the need of creating and dealing with the bounteous flexibly of HR in the nation is fundamental to its conceptualization and acknowledgment. These advancements get showed principally in two distinct examples, one of which identifies with the administration of HR inside associations, and the other to the formation of social endeavors for the improvement of HR outside; the last may likewise appear as CSR activities by corporate associations. One of the ramifications of the ‘abundant gracefully of HR in the country’ is that Indian associations need to receive individuals centered business methodologies as opposed to the order structures jogged round the utilization, execution and boost of HR. This issue presumably makes India unique in relation to Western nations and there is a major open door both for similar research and best practice trade. A second intriguing ramifications of the above is that throughout the years there has been an incredible development in the quantity of social undertakings in India, which are unique in relation to business endeavors in having ‘social development’ (as opposed to ‘profit-making’) as their principle objective. Consequently they are probably going to be perpetually working under asset requirements, which make it hard for them to get by without advancements. The point is to examine creative HR and other related procedures received by Indian business just as social undertakings. Advancement is infrequently a result of the interior assets of the firm alone. Relations with different associations are probably going to be pivotal to the achievement f developments. We likewise wish to investigate how advancements in Indian firms are affected by their relations with different associations. Themes to be shrouded in the introduction will incorporate (however are not limited to) the accompanying: * Principal types and attributes of developments in Indian firms * HR advancements in Indian firms * Innovations in Indian social ventures Role of open bodies in supporting firms’ development * Organizational imperatives and facilitators of advancement * Innovation in various sorts of enterprises (fabr icating/administration, hello tech/low-tech, little/medium/enormous, and so on) * Innovative associations with different associations * Support for developments from between hierarchical connections * Sources, means and kinds of data and information significant for firms’ development * National and local advancement frameworks * Costs, advantages and effects of Innovations Please note that the cutoff time for paper accommodation isâ 2nd January 2012. The most effective method to refer to Innovation in Agriculture, Papers

5 Brexit questions with Economist Jan Svejnar COLUMBIA UNIVERSITY - SIPA Admissions Blog

5 Brexit questions with Economist Jan Svejnar COLUMBIA UNIVERSITY - SIPA Admissions Blog From  Columbia News, June 24, 2016: The fallout from Brexit, the British exit from the European Union, was nearly immediate. Every global market sank. British Prime Minister David Cameron resigned. A large U.S. investment bank announced it would move 2,000 jobs out of London to either Dublin or Frankfurt, the credit agency Standard Poor’s said that the Britain would lose its AAA rating while Moody’s lowered its rating to negative from stable. More shoes are still to drop, according to Jan Svejnar, the James T. Shotwell Professor of Global Political Economy at the School of International and Public Affairs. While he knew the vote would be close, he believed that Britons would ultimately stay. He was surprised the leave vote was as strong as it was, 52 percent to 48 percent. The repercussions will be significant. “I think we are seeing the unraveling of Great Britain,” he said. Scotland, which two years ago voted no on an independence referendum, will probably opt for a new one. Northern Ireland could do the same. We may be going from Great Britain to small England. Here, Svejnar answers five questions about what will happen now that Britain is withdrawing from the EU. Q. What happens next? A. We are already seeing the first impacts, the gyrations in the stock markets and foreign exchange markets. I think that may continue for a while. Next will come a first round of tough political decisions. German chancellor Angela Merkel will be getting together with Italian Prime Minister Matteo Renzi and French president Francois Hollande to prepare a statement and stake out their approach to the British decision. Q. What kind of approach might that be? A. They have to negotiate a separation, which won’t be easy. If it is done too fast and too vigorously, it could alienate other EU nations, who may insist the rest of the 25 members should have been consulted rather than having a particular solution designed by the leaders of only those three countries shoved down their throats. There are free trade policies and immigration pacts and a swath of EU regulations that must be unraveled or replaced. The EU won’t want to make it easy for Britain to leave, they don’t want this to set a precedent for other countries. Q. What kind of economic fallout do you foresee? A. There are two years to negotiate the exit, unless markets destabilize to such an extent that they can’t afford to take that long. All the agreements between the EU and Britain must be renegotiated. There may be a substantial relocation of capital from Britain. London could lose its status as a global hub of finance, and I’ve already heard that some banks are looking to move their headquarters. Q. How does this affect the rest of Europe, or the world? A. Britain is now the second largest economy in the EU, and the most outward oriented. There is a chance that Europe itself gets destabilized, because now other governments may ask for exceptions and exemptions from EU regulations. If that happens, Europe may not look to be as friendly a place to invest in, and investors may look to other parts of the world. Also, other nations will be cautious about raising interest rates, to make sure there is no economic contagion. Q. Is there any chance that this can be reversed? A. In principle, yes. It takes a vote of Parliament for the decision to become final. Parliament could conceivably go against the referendum, but the vote was 51.9 percent to 48.1 percent. It would be hard for it to say this was just a joke. Given that David Cameron has already resigned, I don’t see that this can be stopped. [Photo by Bruce Gilbert]

Learning Theory Of Attachment And The Other Being Bowlbys...

Early social development is the study of the development of persons from infancy to adulthood. Research is conducted into how childhood experiences affect people’s development in later life. Attachment theories are studied and the effect of no attachment or disrupted attachment is studied and aimed to be resolved. John Bowlby defined attachment as the emotional and physical connection that makes two people stay close to one another. It is between children and their primary caregivers (Psychologistworld.com, 2016). This essay will discuss and evaluate two theories of attachment: one being Dollard and Miller’s learning theory of attachment and the other being Bowlby’s evolution theory. Dollard and Miller’s attachment theory argues that nurture is more influential than nature in terms of attachments, taking the view that attachment is a set of learned behaviours resulting from an individual’s surroundings. In contrast, Bowlby’s theory of attachment insists nature is more dominant, defining nature as innate or instinctive characteristics everyone has. To further discuss Bowlby’s theory, this essay will also utilize the Genie case study and how it shall be used to discuss the social and emotional effects of attachment. The learning theory put forward by Dollard and Miller (1950) attempts to explain why attachments are formed in terms of nurture. They claim that attachment involves a set of learned behaviours through classical and operate conditioning. Classical conditioningShow MoreRelatedEssay on Psychological Theories of Attachment1156 Words   |  5 PagesPsychological Theories of Attachment Ethological theory (The study of animal behaviour) probably the most important theory, as the ethological approach is concerned with the adaptive or survival aspect of behaviour and started with the work of Charles Darwin. 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Ethics And Integrity Of Enron - 769 Words

Most companies pride themselves on their business model and ethics to help make them successful. Ethics and Integrity are two things all companies should practice and promote. When Enron was first developed that is what they set out to do, but things quickly took a turn for the worst. The name Enron is now synonymous with fraud, in one of the biggest Wall Street scandals in history. In 1985 Enron was conceived by two gas companies merging together in Houston, TX. The company began to boom in the late 90’s as they were part of the dot.com era. Enron launched their broadband services as well as Enron Online. Forbes named them â€Å"America’s Most Innovative Company† for six years straight. By 2000, Enron shares reached an all-time high of $90, propelling them to the 6th largest company (NPR, 2016). By 2001, the company started to show some cracks in their faà §ade. Enron reported a large loss of $618 million as a quarterly loss (CBC, 2006). With such a large and sudden loss, an investigation was launched by the U.S. Securities and Exchange commission. This was a shock to the public as just a year before the stock was trading at $90/share and now, it was under one dollar a share. By December of 2001, Enron filed for bankruptcy. When the company began to show cracks, their secrets were beginning to unravel. The company was not reporting any of its losses from the past several years. The company borrowed from someone else to pay another person. This kept on for some time until theyShow MoreRelatedThe Reprehensible Story Of The Enron Corporation1680 Words   |  7 Pagesreprehensible story of the Enron Corporation’s rapid rise to success followed by their consequential disgraceful fall is one that has captivated the attention of the public for more than a decade. 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The company was run byRead MoreThe Ethics Of The Accounting Profession1210 Words   |  5 PagesEthics are a decision one makes in knowing the right thing to do and essentially doing the right thing. They are the rules of behavior based on one’s belief of what is morally good and bad. A person may hear the word ethics and immediately think of government or the law. Not only does ethics have a role in government, it also plays a major role in business, including accounting. Schroeder, Clark Cathey (624) states that the â€Å"reason for a high level of ethical conduct is the need for public confidenceRead MoreEthics And A New Accountants Perspective On Enron1217 Words   |  5 PagesThe Law, Ethics and a New Accountant’s Perspective on Enron Ethics is a decision one makes in knowing the right thing to do and actually doing the right thing. They are the rules of behavior based on one’s belief of what is morally good and bad. A person may hear the word ethics and immediately think of government or the law. Not only does ethics have a role in government, it also plays a major role in business, including accounting. Schroeder, Clark Cathey (2014) state that the â€Å"reason for aRead MoreThe Ethics Of The Accounting Profession1204 Words   |  5 PagesEthics is a decision one makes in knowing the right thing to do and actually doing the right thing. They are the rules of behavior based on one’s belief of what is morally good and bad. A person may hear the word ethics and immediately think of government or the law. Not only does ethics have a role in government, it also plays a major role in business, including accounting. Schroeder, Clark Cathey (624) states that the â€Å"reason for a high level of ethi cal conduct is the need for public confidenceRead MoreEnron Case : The Smartest Guys Of The Room1149 Words   |  5 Pages In review of the Enron case, executives higher up exploited their privileges and power, participated in unreliable treatment of external and internal communities. These executives placed their own agendas over the employees and public, and neglected to accept responsibility for ethical downfalls or use appropriate management. As a result, employees followed their unethical behavior (Johnson, 2015). Leaders have great influence in an organization, but policies will not be effectiveRead MoreEnron s Culture Project : Enron1589 Words   |  7 PagesMiranda Vehlewald Enron Ethical Culture Project Part 1: Enron’s Culture Enron started out as a dominant culture. Kenneth Lay and Jeffrey Skilling had a vision of how they wanted the company to be and where they wanted it to go. 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Putnam said in his article â€Å"Respect: The Starting Point for Good Ethics†(2003), we need to make respect our obligation and show everyone a certain degree of respect

Costco Wholesale Corporation Ethical Framework For...

Costco Wholesale Corporation Ethical Framework for decision-making To examine Costco Wholesale Corporation ethical framework for business decisions and identify the consequences and tradeoffs of those decisions. Costco’s ethical posture Costco Wholesale Corporation, the third largest US retailer, is a membership-only warehouse club that sells in high volume, low price products. Costco prides itself on keeping low prices for the consumer, as evidenced by the brief period they stopped selling Coca-Cola (11/09-12/09) until the manufacturer lowered their wholesale prices (Allison, 2009). In addition to their business methodology to provide low-cost quality goods, they also have a code of ethics to (1) obey the law (2) take care of our members (3) take care of our employees and (4) respect our suppliers (Costco Code of Ethics, nd). Corporate Social Responsibility (CSR), is a long-term key factor contributing to Costco’s success. By adhering to their mission and code of ethics, which includes low prices, high quality products, above average hourly wages, and employee health insurance coverage, they get customer and employee loyalty, low employee turnover (17%), and highly productive employees, that contributes to their bottom line: high profits (Caitlin, 2012). Simply put, Costco’s philosophy is good pay and benefits and positive work environment, increases efficiency and ultimately the share price; 2nd Qtr. FY04 net income rose 25%, $226.8 million, 48 cents a shareShow MoreRelatedCostco Swot Analysis 20127254 Words   |  30 PagesPresident and CEO Statement from Dick DiCerchio, Senior Executive VP, COO Company Overview Business Model Code of Ethics Vendor Code of Conduct Community Commitment Corporate Sustainability and Energy Group Mission Statement Environmental Policy Social Ethical Sustainability Objectives Corporate Greenhouse Gas Reduction Program Greenhouse Gas Reporting Structure Greenhouse Gases in the Inventory Sources of Emissions Carbon Footprint Sustainable Development Construction Mission Statement Warehouse BuildingRead MoreCostco Due Diligence Report28823 Words   |  116 Pages____________________________________________________________ ______ COSTCO WHOLESALE DUE DILIGENCE REPORT Prepared by: Prepared for: Course: Date: April 23, 2011 ____________________________________________________________ ______ Table of Contents Executive Summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦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 Industry Overview†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦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 Corporate Overview†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦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 SWOT Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 12 Culture†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreCase 1 Fordlandia2871 Words   |  12 PagesFORDLANDIA CASE Titre du document - page 1 OVERVIEW OF FIRST 2 CASE STUDY SESSIONS †¢ Fordlandia – CSR in an international context – Integration-Responsiveness framework – Integrated Social Contract theory †¢ Sialkot – Child labour as a CSR challenge – Stakeholder theory – CSR in the context of global governance †¢ Learning objectives – To reflect on the context-specific nature of sustainability – To discuss CSR in the context of international development – To appreciate international CSR as aRead MoreMid term case9450 Words   |  38 Pagescould not have been more correct. While â€Å"business experience,† some â€Å"thoughtful guesswork,† and â€Å"intuition† are key attributes of successful managers, today’s business problems tend to be too complex for this type of decision making alone. One of the tools used to make decisions is statistics. Statistics is used not only by businesspeople; we all also apply statistical concepts in our lives. For example, to start the day you turn on the shower and let it run for a few moments. Then you put yourRead MoreRetail Management30153 Words   |  121 Pages(0.19 m2)/ person is lowest in the world Indian retail density of 6 percent is highest in the world.[9] 1.8 million households in India have an annual income of over 45 lakh (US$97,650)[10]. Delving further into consumer buying habits, purchase decisions can be separated into two categories: status-oriented and indulgence-oriented. CTVs/LCDs, refrigerators, washing machines, dishwashers, microwave ovens and DVD players fall in the status category. Indulgence-oriented products include plasma TVs,Read MoreStarbucks Annual Report 200846643 Words   |  187 PagesStarbucks Corporation Fiscal 2008 Annual Report Fiscal 2008 Financial Highlights Stores Open at Fiscal Year End (COMPANY-OPERATED AND LICENSED STORES) Net Revenues (IN BILLIONS) Net Revenue Growth (PERCENTAGES) from Previous Year 16,680 $9.4 $7.8 $6.4 $5.3 $4.1 24% 30% 20% 22% 21% $10.4 10% International United States 15,011 12,440 10,241 8,569 7,225 2003 2004 2005 2006 2007 2008 2003 2004 2005 2006 2007 2008 Components of 2008 RevenueRead Morepaul hoang answers72561 Words   |  291 Pagesof the next best alternative that is foregone in a decision. In this case, it refers to the loss revenue by not opening supermarkets on Sundays. [2 marks] b) Examples of opportunity cost mentioned include †¢ †¢ †¢ Loss of supermarket sales by not operating on Sundays or by not operating â€Å"24-hour stores†. Banks potentially losing clients on Sundays. Fines for non-compliance. These factors will clearly affect business decision making, e.g. whether to trade on Sundays or 24hour a dayRead MoreFundamentals of Hrm263904 Words   |  1056 PagesPrinted in the United States of America 10 9 8 7 6 5 4 3 2 1 Brief Contents PA RT 1 Chapter 1 Chapter 2 UNDERSTANDING HRM The Dynamic Environment of HRM 2 Fundamentals of Strategic HRM 28 PART 2 Chapter 3 Chapter 4 THE LEGAL AND ETHICAL CONTEXT OF HRM Equal Employment Opportunity 56 Employee Rights and Discipline 84 PART 3 Chapter 5 Chapter 6 Chapter 7 STAFFING THE ORGANIZATION Human Resource Planning and Job Analysis 110 Recruiting 132 Foundations of Selection 154 PART

Business Operations And Processes of Institchu In Australia - Sample

Question: Discuss about the Business Operations And Processes of Institchu In Australia. Answer: Introduction The topic illustrates about the case study of a business organisation named Institchu in Australia, which has been introduced in 2012 and is a new company that wants to make it big within the business environment. The companys focus is to make it big within the business environment and ensure that the business operations and processes are managed properly for delivering good quality products and services to the customers. The company holds an online store, which offers tailored suits, jackets and shirts for men (Ashworth, 2012). There are showrooms of the company in Sydney, Melbourne, Brisbane and has plans of expanding business in United States too. Business context and background Two friends, Robin and James, who are the business partners as well, launched the company in the year 2012. They both focused on starting an online business that would be easy for the customers to make purchases online as well as get delivery of products within quick time. InStitchu is considered as the future of online fashion and has been growing rapidly since its introduction in the Australian market (institchu.com, 2017). The company is located at 209/350 George St, Sydney NSW 2000 in Australia. The industry within which the company operates is an online retail industry. The company offers tailor made suits, which can easily help in fulfilling the needs and requirements of customers by maintaining proper sizes and ensure proper fittings too (Blzquez, 2014). The online business offers good quality products in large numbers, ranging nearly up to 200000. Few of the offerings are suits, jackets, shirts, tuxedos and customers can also get custom made suits, jackets, shirts by measuring themselves. There are other accessories too like bags, bow ties, cufflinks, shoes, socks, sunglasses, etc (Magrath McCormick, 2013). The customer segments include men and young adults too, whose fashion trends change from time to time and can allow the company to design according to their preferences. The company has a current revenue of $2.4m and nearly 50 employees. There are no products that are offered to women and girls by InStitchu. Robin used to work as a retail sales clerk whereas James previously worked as an Equity Advisor in an investment bank (McCormick Livett, 2012). The competitors of InStitchu are Chhabra 555 Fashions Pvt Ltd., Richard Harris, Men's Suit Separates, etc. The bricks-and-mortar strategy was implemented for meeting up the consumers' demands and preferences in the market and also allow the showrooms to act as an extension of the web site (Schniederjans, Cao Triche, 2013). Comprehensive description of the business To expand the business, InStitchu has developed the customizable, made to order nature of the products within the Omni-channel business model or structure for staying ahead of competitors and overcome from the economic downturn as well. This would create loyal customers and would make the company sustain in the competitive business environment with ease and effectiveness (Shabanova et al., 2015). This has not only created enough scopes for the company to sell products online at a good rate, but also ensure the expansion of business in an effective manner. According to James Wakefield, to fulfill the changing demands of customers regarding their fashion styles, InStitchu has offered extensive styles for customising the fashion items and deliver more convenience and flexibility to customers (institchu.com, 2017). The company mainly offers products online, though the showrooms and stores are set up for the people who want to feel the fabric and discuss with the tailor about certain thin gs before purchasing (Veit et al., 2014). InStitchu follows the vertically integrated e-commerce business model, which helps in delivering good quality products and services at lower prices without any involvement of third party. The niche online marketplace model is effective for making unique discoveries and explores various aspects to reach a global, fashion forward audience and create a large customer base (Magrath McCormick, 2013). With prices of tailored suits ranging between $300 to $600, based on the customization level, InStitchu has gained recognition at a faster rate and gain positive mindset among customers too. The products of InStitchu include suits, shirts, tuxedos, custom made jackets and accessories for men such as bags, bow ties, cufflinks, shoes, socks and sunglasses (McCormick Livett, 2012). SWOT analysis Strengths The strengths of InStitchu are its good quality tailored made suits available at lesser prices and the products are directly delivered to customers without any involvement of third party wholesalers. The e-commerce business has made customers aware and created a positive mindset among them regarding the ways of taking measurements and then apply for the suit that they want to be made (Schniederjans, Cao Triche, 2013). The niche selling helps in creating a large customer base, and the cost of overhead is low, which creates a lack of barriers to entry as well. Weaknesses InStitchu, being a small business, often faces stiff competition from other companies. The search engine is unpredictable, which creates issues in gathering more traffic and increase sales. The search engine optimisation can also lead to various fluctuations in the placement of products and result in forming an unpredictable environment (Shabanova et al., 2015). Opportunities The e-commerce components could allow the company to sell the products and services globally. The company has made approaches to expand in US. The operations in business are carried out 24*7, because of which the customers can purchase fashion items anytime. The company has a strong market presence due to its good quality products and has string business-to-business networking (Veit et al., 2014). Threats There are threats of competitors, innovation that can lead to negative impact on e-commerce business and fraud in online business can also emerge sometimes. There are privacy concerns, as there are chances of leaking personal information and the imposing of tax on online sales can further create major threats to the company (Ashworth, 2012). Consumers prefer checking out the fabric and then give measurements to tailors for making the suits, which can hamper the online business too. PEST analysis Political The US markets are stable, and due to this, expansion into developing market will require investment partners who hold 51 percent of the company. InStitchu must adhere to the rules and regulations properly for maintaining good political activities and ensure abiding by the Government rules and regulations, thereby creating a better and stable political environment too (Blzquez, 2014). Economic The customers often look for good quality products at lower prices, and with the changes in economic conditions, customers will remain loyal to the brand and spend more. The increase in labour costs can also increase due to the welfare of shareholders and rules and regulations followed to maintain ethical working conditions (institchu.com, 2017). Social The social factors include increased scopes for learning about sewing and designing of clothes. With the improvement in the health of the modern population, there are more chances for the company to sell its products to a large group of ageing population, i.e., over 55 years of age. The fashion blogging has also allowed in enhancing the brand name and image of InStitchu and furthermore enable recycling of wastes, thereby ensuring environmental awareness too (Magrath McCormick, 2012). Technological With the advancement in technology and communication nowadays, the mobile and online shopping has become popular, and this has created enough opportunities for InStitchu to sustain in the marketplace. The online shopping web created by the company will allow customers make purchases online easily and make secure payments as well (Shabanova et al., 2015). One aspect of business model InStitchu has followed the niche market business model for making the customers aware of the tailor-made suits available online at an affordable price. The word of mouth business strategy has attracted more customers and allowed the customers to experience good quality fashion items at reasonable prices too (Veit et al., 2014). The business model allows combining the product or technology with the different kinds of business strategies for delivering value to the customers in the form of products that they purchase. It is also important to assemble or combine the purchasers and sellers in a particular virtual location. This would provide the sellers of InStitchu with a large number of buyers and vice versa. The cost of tailor made suits is quite affordable, though the reduction in prices can help in targeting a huge market and deliver products at lower cost. This would allow the company to grow, expand the wide range of products, negotiate the volume discounts with the suppliers, manage proper investments in technology and furthermore improve the response time of customers (Blzquez, 2014). The essentiality of business models is that the survival of customers depends upon the products that are sold by nobody else. This can allow the customers to spent a good amount of money and even spend in large amounts, without any need to focus on what other companies want to deliver. Conclusion The topic focused on the various concepts of how a new business organisation, which has been introduced five years back can think as well as make it big within the competitive business environment. The case study demonstrated the business model along with the strengths, weaknesses, opportunities and threats faced by the company. The background of business illustrated about the products and services offered, industry within which the company operates, customer segments, competitors and its various strategic implications for deriving a good conclusion in the end. References Ashworth, C. J. (2012). 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