How I Use Economic in My Daily Life - 592 Words

Economic is the study of choices and behaviours. Economics focuses on why we make the choices we do. And what the implications or effects of those choices are. Of all the concepts within economics, supply and demand is perhaps the most well-known by the general public. In economics, we call the point of agreement equilibrium. In other words, the buyers price and the sellers price are now equal. For example, in E-bay people bid on items for sale for a given length of time. When time expires, the one who bids the most get it. Normally we would not pay more for something thats not as good as something else. We’ll only pay less to compensate for the lower quality. Although the quality is low, what is important is that we are able to use†¦show more content†¦The benefit we get from a service or product must be able to correspond to their value of money that we use to obtain it. Besides these, I also use the same concept when have to travel around. Since public transportati on is cheaper and convenient we can save a lot of time and money making use of the convenience of public transportation. They also offer some special privileges to students and also elderly people who choose to use public transportation. Own transportation although provide a more comfortable travelling experience, there also extra costs that we have to bear such as petrol, toll charges, and also fatigue. Since the price of petrol is increasing day by day, the demand is becoming more less and it is wiser for people to choose to travel by public transportation. Moreover it will helpful for me after I finish my studies to find a proper job that suits my qualification also the opportunity cost that I have lost during the study course of my degree. When choosing a job I will make sure the pay is worth my qualification and also the opportunity cost I have lost. Life is all about making choice. We must be able to make good choices that will benefit us financially especially. The use of Mic roeconomic knowledge in a way can be veryShow MoreRelatedEconomics of Daily Life Essay1228 Words   |  5 PagesEconomics of Daily Life Leah Hand Stevens-Henager College Economics of Daily Life Economics is a study of how society manages its scarce resources. The literal translation for economy is â€Å"one who manages a household.† â€Å"In an increasingly complex world connected by social and economic interaction and interdependence, news of stock market fluctuations, consumer confidence scores, and various economic indicators fill the media† (Broome amp; Preston-Grimes, 2011). This means that economics isRead MoreAmerica s Healthcare : Chronically Ill960 Words   |  4 Pagessystem is in an economic crisis. Furthermore, the United States healthcare system is not only in economic turmoil, but the social systems currently in place offer little to no future economic resolve for the predicament we are currently situated in. The paradox that seems to have fallen upon American healthcare is that, â€Å"The system doesn’t want you to die, but at the same time doesn’t want you to get well.† Heineman (2012) It is bad business. In other words, medicine is a business and I have witnessedRead MoreEssay on Economics in My Life1331 Words   |  6 PagesEconomics in My Life When I was first given this assignment I was extremely perplexed at how I would even begin to finish it. I had no idea how economics related to my life in anyway. I hadn’t thought about it critically and I struggling terribly. Thanks to some much needed help from a fellow classmate, he allowed me to get an idea of things from his own essay. After reading not one, but two other essays, I was so surprised at how oblivious I had been. I never realized that just about everythingRead MoreI Have Selected International Economics1451 Words   |  6 PagesI have selected International Economics as my major. The International Economics major is founded on the belief that economic analyzes are significant to the understanding of present world affairs. With reducing expenses of transporting goods and services that guide international flow of technology, people, assets, goods, and information, are popular in the process of global conflicts. I plan to pursue this major at St. Francis Colle ge (SFC). There are various reasons that explain why I have selectedRead MoreWhat Motivates You Pursue A Master s Degree For Social Work At This Time?1716 Words   |  7 Pagesmaster’s degree in social work at this time? At this point in my life I am eager to continue my education in the hopes of mastering my purpose of helping others. I realize that by way of consequence of difference, the intersectionality of many factors of an individual’s life can lead to negative experiences and this is an aspect of society I hope to change. Also, my dream of opening my own psychology office would not be possible without furthering my education. This degree will allow me to counsel at riskRead MoreEssay on Review of Freakonomics1663 Words   |  7 Pageschapters main idea is that the study of economics is the study of incentives. We find a differentiation between economic incentives, social incentives and moral incentives. Incentives are described in a funny way as means of urging people to do more of a good thing or less of a bad thing, and in this chapter we find some examples Ââ€"public school teachers in Chicago, sumo wrestling in Japan, take care center in Israel and Paul Feldmans bagel business  â€" of how incentives drive people and most of theRead MoreShould Finance Education Be Mandatory Component of School Program1626 Words   |  7 Pagessubject. It is an obvious fact that financial aspects are a major part of daily life, as an adult and even as a young individual. Each and every one of us has to make financial decisions concerning recreation, health, education and more. The question is whether to start with financial education as part of school program or postpone it for a later stage in life. The key problem for many young people is that they don’t know how to use and spend money in the right way. The â€Å"get what you want mentality† isRead MoreThe Theory Of Knowledge Management Models1694 Words   |  7 PagesIn order for public and private organizations to exploit and manage knowledge in their daily processes and integrate knowledge management in their strategic planning, the managers of the organizations must know the actual meaning of knowledge. Right now, the three-knowledge management models being used in organizations are Nonaka and Takeuci’s (knowledge spiral), Firestone and McElroy’s (knowledge life cycle) snowden’s (Cynefin Model) (Heaidari, Khanifar Moghimi, 2011). The first two models areRead MoreWhat I Do My Life?1711 Words   |  7 Pagesâ€Å"What am I going to do with my life?† This is one of the hardest decisions a young adult ever grapples with. A life without an aim is like a ship without radar. Ever since I was a young child I had wanted to be a lawyer, an engineer, a musician, a chef and even a teacher at some point. Choosing a career is a very difficult task at this competitive age. Everyone is driven by a desire to find personal fulfillment along with financial stability with an adverse economy running in parallel makes traditionalRead MoreThe Monetary Value That Represents All Of The Products Made A Country Is Gross Domestic Product1742 Words   |  7 Pagesvalue that represents all of the products made in a country is Gross Domestic Product. This figure affects my life right now because the unemployment in the country can be observed by looking at the gap between the GDP per capita and the GDP per person. I can use this i nformation because I am seeking a job. Also, in the future, knowledge of the GDP can be useful because I will want to know my personal productivity compared to the average which is represented by the GDP per employed person. Additionally

Psychosis Leads to Murder - 835 Words

Psychosis Leads To Murder Throughout In Cold Blood, Truman Capote writes on the events directly before, during, and the happenings after the brutal murdering of the Clutter family in the quaint town of Holcomb, Kansas. The actions Dick Hickock and Perry Smith attracted Capote and led him to ultimately report on the entire ordeal. Throughout Capote’s masterpiece, In Cold Blood, Hickock and Smith’s deranged and psychotic actions directly correlate to a deep psychosis they both suffered for multiple years. Throughout the novel, In Cold Blood, the two murderers, Dick Hickock and Perry Smith, show instances of unwarranted anger and aggression that leads readers into believing that a serious issue with their psyches have occurred.†¦show more content†¦Both these quotes appear while suffering severe shifts in emotions, which he could not control, thus proving his mental instability. After authorities caught the two, and while being questioned Smith stated, â€Å"It was part passion- a passion that was pathological,† meaning that he could not control himself (Capote 186). Small indications, such as these, allow readers to see deep into the psyche of Hickock and Smith, displaying disturbing images. Throughout unwarranted acts of anger and aggression, Hickock and Smith’s acknowledgement of their insanity, and the delusions and rants they experience directly correlation between their acts of horror and the deep psychosis they became trapped in late in their lives. Th is psychosis directly relates to why they did the terrible things they did, and why they didn’t think anything of it. This correlation becomes easily seen by allowing the reader to glance deep within the psyche of these two ruthless killers. Works Cited Capote, Truman. In Cold Blood. New York: Random House, 1966. Print. Conniff, Brian. Psychological Accidents: In Cold Blood and Ritual Sacrifice. The Midwest Quarterly: A Journal of Contemporary Thought 35.1 (Autumn 1993): 77-94. Rpt. in Twentieth-Century Literary Criticism. Ed. Thomas J. Schoenberg and Lawrence J. Trudeau. Vol. 164. Detroit: Gale, 2005. Literature Resources from Gale. Web. 8 Nov.Show MoreRelated Postpartum Depression and Crime: The Case of Andrea Yates Essay692 Words   |  3 PagesGuilty, 2006). Yate’s lead lawyer, George Parnham, remarked that the verdict was a â€Å"watershed for mental illness and the criminal justice system.†(Woman Not Guilty, 2006). Yate’s first conviction promoted debate over whether Texas’ legal standard for mental illness was overly severe and whether the courts viewed postpartum depression with a serious viewpoint. Yate’s lawyer stated she suffered from severe postpartum psychosis and in a delusional mindset when she committed the murders. Yates drowned herRead MoreSh akespeares Novel Macbeth1577 Words   |  7 Pagesforce pushing Macbeth to kill. In the end Macbeth is charged with the truth and Lady Macbeth kills herself both brought down equally from guilt. Guilt and fear of being found out causes anxiety and slow disintegration of the subconscious which leads to psychosis and therefore, because of insanity causes confession of crimes or suicidal thoughts. According to the Medical Health Foundation, anxiety is a common fear based on the possibility of something going wrong in the future (â€Å"Fear and Anxiety†).Read MorePost Partum Depression Essay999 Words   |  4 Pagesarguments between postpartum depression and that it should be taken more seriously in our today’s society for it is having heavy effects on mothers like Dena Schlosser. She was found Not Guilty and tried for Insanity, should she have been found Guilty for murder? Psychological Dysfunction Post partum depression can have long term effects on the mother, her family and even her own health. It also affects the relationship between the mother and infant in a negative way. In turn, the emotional andRead MorePostpartum Depression : Symptoms And Treatment1700 Words   |  7 PagesWhen Postpartum Depression Leads to Psychosis According to authors Susan Dowd Stone and Alexis E. Menken postpartum depression can start during pregnancy which is called perinatal disorder (2008). During pregnancy, women can suffer through mood disorders which are a leading cause of postpartum depression. Women who are screened and diagnosed for depression are most likely to have postpartum depression. Doctors know to keep a close watch on these women who are found positive for depression. AfterRead MoreEssay on The True Amittyville Horror Story744 Words   |  3 Pageschildren. Despite being raised in a financially stable family, Ronnies relationship with his parents, most notably with his father, would eventually lead him to live a life full of hate and rebellion. The older Defeo was a very controlling and temperamental man, who would verbally and physically abuse Ronnie and his siblings. During the trial for the murder of his family, Ronnie would be diagnosed by Dr. Harold Zolan as a person who suffered from antisocial personality disorder. Antisocial personalityRead MoreEssay about An Investigation of Postpartum Depression1136 Words   |  5 PagesDepression Missing Works Cited The recent Andrea Yates murder trial brought a firestorm of controversy as the issue of postpartum depression (PPD) became a debated topic throughout the country. Did Andrea truly suffer from psychosis as she drowned her five children in the bathtub or was such defense a scheme to avoid the death sentence? Prosecutors suggested the spousal-revenge theory as a motive for the killings. Could she have committed murder to get back at a possessive and domineering husband?Read MoreThe Mrs. Andrea Yates Trial801 Words   |  3 Pagesher five young children, aged 6 months to 7 years old. Since the birth of her fourth child she had had serious bouts with depression. She had suicidal tendencies that had earned her multiple stay at a hospital and was diagnosed with postpartum psychosis. She was on and off different anti-depressants and anti-psychotics, mutilated herself, stopped feeding her youngest child and was seeing a couple of psychiatrists. These therapists warned of Mrs. Yates not t aking her prescriptions and being leftRead MoreThe People With Schizophrenia And Mental State1697 Words   |  7 Pageswas uncooperative, so the collection of six cops decided that it was necessary to beat the living hell out of the helpless man. Although innocent and having no connection with the vandalized car, John’s wounds were so brutal that assault turned into murder as he choked on his own blood and because of the compression of his thorax (the part of the body between the neck and the abdomen, containing the chief organs of circulation and respiration), was not able to breath, resulting in deprivation of oxygenRead MoreTheme Of Guilt In Crime And Punishment830 Words   |  4 Pagesemotion that many feel after crime, wrongdoing or simple acts of unkindness. This is apparent in Fyodor Dostoevsky’s Crime and Punishment, where Rodion Raskolnikov’s growing remorse stems from the mediocrity he realizes in himself after he commits murder to test his Ubermensc h-qualities. Rubbishing the thought of confessing and refusing to embrace his guilt, Dostoevsky uses Raskolnikov’s torn thoughts to explore the novel’s theme of revolution: he condemns nihilism as a way of coercing societal changeRead MoreAnalysis Of The Movie The Black Swan 954 Words   |  4 Pagesall of this was taking place, Nina began to experience strange visions consisting of disturbing images. One of the more prominent visions, was of a woman who looked exactly like Nina, yet had a more sinister disposition. Nina’s struggles with psychosis, along with the pressure of performing as a professional ballerina, ultimately expose her true evil nature. The hallucinations that Nina experienced serve as a window into her inner being. These visions represented how she truly felt inside.

Applied Portfolio Management Project - Free Solution

Question: Discuss about the Applied Portfolio Management Project. Answer: Introduction This study is focused on the subject area of project portfolio management. During this study, the discussion is carried on the introduction of new online appointment book at Emanuel Medical Center. The study includes the evaluation of scope of this particular project and at the same time, it also evaluates the project deliverables, assumptions, constraints and criteria for accepting the project. At the end, the study provides the conclusion that states about the overall findings of the study in brief. Scope description The introduction of online appointment book is a very attractive project for Emanuel Medical Center. This project will help the organization to meet the basic need of more than 50% of the patients, who come at Emanuel for check-up. As the organization involves highly qualified and experienced doctors and staff members, the patients always try to get an appointment from the doctors at Emanuel. However, many patients are there, who cannot book an appointment with the doctors because they stay at a long distance from Emanuel Medical Center. Therefore, the organization can help these patients by introducing the online appointment book system (Emanuelmedicalcenter.org, 2016). This particular project of the organization will not require high budget. The budget for the new appointment booking system is as follows: Particulars Amount (in $) Expense for webpage designing and development 700 Salaries to the respected staffs 300 Webpage maintenance 400 Expense for equipments 800 Total expenses 2200 Apart from the budget, Emanuel also needs to implement an appropriate organizational management system in order to manage the operations after introducing the new appointment booking system. It is expected that after introducing this new system, the number of patients will increase and so the organization have to take proper management strategies to maintain their service quality (Cotugno et al. 2015). At first, the management needs to take care of the quality of service to each patient. Emanuel needs to provide proper treatment to each patient. At the same time, the organization needs to notice whether the online booking system is properly working or not and for that the feedback of the patients, who are availing the online booking facility is very important. Apart from these two, the management also needs to take care of the cost factor. Cost must be controlled properly while handling the huge number of patients (Mold de Lusignan, 2015). The available and committed resources for this new online appointment booking system will be the domain for introducing the webpage, standard space for developing the webpage, one webpage developer and two people for maintaining the system. Criteria for acceptance The new service of online appointment system at Emanuel Medical Center must have the following characteristics, so that everybody can accept it: The procedure in the webpage for booking the appointment must be easy and simple The organization must not charge any extra amount of money from the patients for booking the appointment (Storrs, Ramov Lalloo, 2016) The webpage must be available on Smartphone The webpage must include all the updated information about the availability of doctors and other services along with the fee structure Project deliverables The stakeholders of this particular project will be the doctors at the organization, the staff members, nurses, patients and their family members, the webpage developer and other employees of the organization (Forster et al. 2015). However, before starting this particular online service, the organization must take care of the following factors: The organization must comply with the Gene Technology Act 2000, in order to introduce this new technology oriented service (org, 2016). At the same time, the organization must consider the Home and Community Care Act 1985 (gov.au, 2016). The organization must be specific about their services and fee structure. The success of this particular project of Emanuel Medical Center depends on the proper planning, organizing, scheduling, leadership, control and monitoring. In the very beginning, the management of the organization needs to plan for the required resources and cost. At the same time, the management also needs to analyze the demand for this service in the market (Health.gov.au, 2016). In order to organize the service, the management needs to develop three teams. One team will take care of the development of the webpage. One team will be there to properly maintain the webpage, where the patients will book the appointment. The third team will be the service provider team, including the doctors, nurses and other staff members (Sridhar Kalaiselvi, 2015). The schedule of this particular project will include 12 weeks. The project will be started from 17th August 2016 and the project will be end on 18th November 2016. The service will be started from 1st December 2016. There will be a person as operational head, who will check the total system starting from receiving an online appointment request to providing the service to the patient. Apart from the operational head, there will be team leader for each of three teams. The participatory leadership style will be followed in the organization. Exclusions and constraints This particular online appointment booking service at Emanuel Medical Center may face different constraints and exclusions. These are as follows: The people or patients in the rural areas may not avail this service because sometimes, the rural people do not have the internet connection (Titov et al. 2015). This service will be limited to the people who have the technological knowledge This service may increase the work pressure of the doctors and staff members because this service will enhance the number of patients visiting the center. Assumptions The primary assumptions behind this particular online appoint booking service are as follows: Patients at long distance face problem in booking an appointment over the phone or by physical visit. Online appointment booking system will increase the value of the organization within the industry. More patients will be visiting at Emanuel Medical Center. Sign-off from workplace mentor The control is the most important part of a project. During this project, the management at Emanuel Medical Center must implement proper control measures. In order to control the online appointment booking service, the management of the organization must collect the feedback from the patients, who have used the service. This will help the management to identify faults in their service (Sridhar Kalaiselvi, 2015). At the same time, the management must introduce the policies regarding this particular service. Apart from that, the management must arrange for meetings to get the feedbacks from the employees end. At the same time, the online appointment booking service must be updated at a regular interval (Mold de Lusignan, 2015). Monitoring must be done on day-to-day basis. The staffs must be presented on time, so that patients get proper service on time. Proper monitoring will help the management to control the overall system. Conclusion This study has identified that the management at Emanuel Medical Center needs to take various steps in order to introduce the new online appointment booking service. In order to develop the system properly, the organization will need total 12 weeks. The organization needs to consider the legal ground and demand for the service. There are various benefits that the patients will have if this project is implemented. However, there are certain constraints that the organization needs to overcome before and after starting the particular service. Moreover, in order to introduce the new online appointment booking system, the Emanuel Medical Center needs to plan for a better schedule of activities. Reference list: Aihw.gov.au. (2016). Aihw.gov.au. Retrieved 1 August 2016, from https://www.aihw.gov.au/ Airccse.org. (2016). airccse.org. Retrieved 1 August 2016, from https://airccse.org/ Cotugno, J. D., Ferguson, M., Harden, H., Colquist, S., Stack, A. A., Zimmerman, J. I., Hickman, I. J. (2015). i wish they could be in my shoes: patients insights into tertiary health care for type 2 diabetes mellitus.Patient preference and adherence,9, 1647. Emanuelmedicalcenter.org. (2016). Emanuelmedicalcenter.org. Retrieved 1 August 2016, from https://www.emanuelmedicalcenter.org Forster, M., Dennison, K., Callen, J., Georgiou, A., Westbrook, J. I. (2015). Maternity patients' access to their electronic medical records: use and perspectives of a patient portal.Health Information Management Journal,44(1), 4-11. Health.gov.au. (2016). Health.gov.au. Retrieved 1 August 2016, from https://www.health.gov.au/ Mold, F., de Lusignan, S. (2015). Patients Online Access to Their Primary Care Electronic Health Records and Linked Online Services: Implications for Research and Practice.Journal of personalized medicine,5(4), 452-469. Sridhar, K., Kalaiselvi, A. (2015). Survey on-SaaS Based Integrated Clinical Management System.development,1, 2. Storrs, M. J., Ramov, H. M., Lalloo, R. (2016). An Investigation into Patient Non-Attendance and Use of a Short-Message Reminder System at a University Dental Clinic.Journal of dental education,80(1), 30-39. Titov, N., Dear, B. F., Staples, L. G., Bennett-Levy, J., Klein, B., Rapee, R. M., Purtell, C. (2015). MindSpot clinic: an accessible, efficient, and effective online treatment service for anxiety and depression.Psychiatric Services.

Major Benefits Commerce Business Retailers -Myassignmenthelp.Com

Question: Discuss About The Major Benefits Commerce Business Retailers? Answer: Introduction The aim of this report is to highlight the major points of the solution that has been proposed for the website https://suleman4195.wixsite.com/shoesite Objectives of the Report The main objectives of the report are to bring forward the e-business model of shoecarnival and the information around the recommended solution including details of e-business marketing and infrastructure, payment processes, advantages and set of issues. Scope of the Report The report covers the details of the proposed solution from different aspects, such as, organizational, operational and technical. The specific estimations such as project schedule and project budget are not covered in the report. Limitations of the Report The information around the constraints and dependencies in association with the proposed solution has not been highlighted in the report. Organization Background Shoecarnival is a company that sells shoes for women, men and kids online. It has partnered with several shoe brands from all across the globe to make sure that the customers get their desired shoes. The following are the primary functions that are performed by the company: Selling of various shoe types and products for women, men and kids. Collaborating with shoe brands to include their catalogue on the site. Selling of accessories, such as, backpacks, duffle bags, handbags etc. There are various shoe brands that are already associated with the company like Adidas, Puma, Vans, Clarks, and Converse etc. It is required to collaborate with more brands to offer wider range of shoes to the customers. Also, the expansion of the customer base is intended by the company. The solution proposed for the same is the integration of social media platforms in the website along with enhancement of the features in the website. Also, a mobile application shall be developed for the business. Value Proposition Value proposition comprises of collaboration from other shoe brands and sellers to include their catalogue on the website. There will be promotional events and contests that will be organized for this purpose so that the shoe sellers and brands wish to collaborate with Shoecarnival. Also, the customer base is required to be expanded for the company which shall be done by making use of social media groups and platforms to inform the customers regarding the discount deals and offers so as to attract maximum number of customers. Strategic Goals and Objectives The main object of the organization is to maximize its partners and the customer base. There are certain show brands that will be targeted in the first phase followed by the other brands in the next series of phases. The expansion of customer base will primarily focus upon the women customers followed by men and kids. This will lead to increased revenues for the company and increased sales as well. The partners and the brands that will collaborate with Shoecarnival will be required to pay a certain share to Shoecarnival as well which will add to the profits earned by the company (Brohi et al., 2016). The social media marketing will be required to be enhanced for this purpose so that the company may reach out to more number of people that may be shoe brands or the customers associated with the company. Business Model of Shoecarnival There are two business models that have been proposed for Shoecarnival. The first model is the Business to Consumer (B2C) model which will include the strategies and business decisions that will be taken to expand the customer base. The primary decision in this area will be the enhanced use and promotion of the company on the social media platforms and development of a mobile application for the company (Martinez-Lopez, 2010). The second model will be Business to Business (B2B) model which would include the strategies and business decisions that will be taken for collaboration with the shoe brands and sellers in the market (Pandya and Dholakia, 2005). Marketing Strategy The customers that will be targeted for the expansion of the customer base associated with the company will mainly include women followed by men and kids. The shoe brands and sellers shall be decided as per the results of the market survey. Analysis on the Political Aspect Political decisions and regulations have a lesser role to play in case of the shoe industry and the associated markets. There are certain common factors that can have an impact on the business decisions and strategies in terms of the taxation laws, rate of inflation, government stability etc. The chances of the development of a new policy and its negative or adverse impact on the functioning of the industry are minute. Analysis on the Economical Aspect Economy can get impacted by a number of factors and parameters. These may include the rates of interests, the economic cycles of a particular country, the levels of unemployment and many more. All of these factors and others can have a positive or a negative impact on the economy of the country. These factors, however, will not have a huge impact on the shoe business and industry apart from the interest rates. Analysis on the Social Aspect There are many trends and patterns that are witnessed in the areas of fashion and lifestyle. These trends and preferences of the consumers are some of the social factors that can have a huge role to play in case of the functioning of Shoecarnival. The demand of a particular shoe type or product can vary as per the changing trends. Analysis on the Technological Aspect Technology is being used in all of the business units and industries. Shoe industry is also being enhanced with the use and implementation of the latest technology in the areas of shoe manufacturing and production. These technological trends and concepts need to be analyzed and the ones that are applicable need to be adapted. Online commerce has become an essential part of every industry along with the use of social media marketing. These technological elements shall be analyzed and studied regularly (Pradhan, 2014). E-Business Infrastructure and Payment Processing The mobile application that shall be setup and developed for Shoecarnival may face huge traffic and a lot of simultaneous users. There may be many simultaneous transactions that may be performed by the users and there may also be many incidents. The functioning and query handling ability of the database will play a very important role. The operating systems, such as, Android and iOS shall be used for the development of the mobile application so that the transactions can smoothly take place. There shall be security protocols and mechanisms integrated in the application so that the security of the information and services is not impacted. The infrastructural requirements that will be required for the application have been listed below. A tele-communication network that is reliable and secure Integrated payment gateway to allow the customers to pay for their orders online Electronic clearing and fund transfer systems Security of the information through advanced encryption algorithm Software Requirements Database tools The database tool that shall be used in this application shall make use of Toad application and Oracle database. The customers that will be making use of the application may be hundreds and thousands in number at the same time. The database implemented in the application shall be able to withstand all of such requirements and Big Data tools shall also be supported by the same. The GUI used for the database must also be in accordance with the needs and specifications. Coding tools The mobile application shall be developed with the programming language as JAVA so that it shall be compatible with Android, iOS and other mobile operating systems (Methodsandtools, 2017). The website features shall be enhanced by making use of the same programming language with inclusion of the system qualities such as reliability, scalability, performance and usability. Testing Testing is one of the essential activities that shall be performed on the application. The test creation and test execution shall be done in the tool as TestLink. For the logging, management and reporting of the defects, Bugzilla shall be used as the tool. There are various types of testing that shall be performed on the website as well as the mobile application including system and integration testing, regression testing, security testing, performance and load testing. Privacy, Security and Legal Issues There are various legal policies and regulations that shall be adhered to in case of the mobile application for Shoecarnival. The electronic payments that are made with the application shall be secure and there must be e-payments code followed in all of such transactions. Foreign exchange systems and government agencies must also be collaborated with the application. There are several malicious codes that may attack the payment information and transactions. These payment transactions shall be secured by making use of Safepay or other anti-malware tools (Uop. 2006). Intellectual property laws and regulations shall also be followed in the application. Privacy and Security Issues The use of mobile application in Shoecarnival may bring in many different mobile security risks and attacks. These risks may be in the form of information security or network security risks and threats. These may have an adverse impact on the privacy, confidentiality and security of the customer data and product details stored in the application. The impact of such attacks can be low to extremely significant in nature. For instance, in case of the breaching of financial information of a customer, there may be legal impacts and obligations on Shoecarnival (Onebusiness, 2013). The different forms of attacks may include malware attacks and risks, network eavesdropping attacks, man in the middle attacks, SQL injection attacks, information breaches, information losses and leakage along with many more. Information availability may also be impacted by the execution of the attacks such as denial of service and distributed denial of service attacks. There are also other forms of flooding attacks that may take place. Many different security controls shall be implemented to make sure that the privacy and security risks associated with the mobile application do not take place. These controls shall include a combination of logical controls along with enhancement of administrative policies. These technical controls shall include the use and implementation of anti-malware and anti-denial tools along with network scanners and intrusion detection systems. There shall also be enhanced monitoring and review practices that must be carried out. Other Risks E-commerce and mobile commerce are not the new trends in the market. There are already a number of business units that have their presence on the online platforms including mobile mediums. Due to this reason, there may be market risks associated with the solution that has been proposed for Shoecarnival. It will be required to develop the strategies and include the features in the mobile application that are not being offered with any of the competitors. These may include promotional offers, discounts and deals. There will also be numerous changes that may come up with the business operations and their mode of execution. The members of staff may take a little while to easily adapt with the changes. This may have an adverse impact on the productivity and efficiency levels. An initial round of training will be required to be provided to the employees and the end-users along with the inclusion of system documentation. In case of absence of these system documents or the training sessions, there may be technical and operational errors executed by the users. Some of these errors may lead to impacts that may not be allowed to be rolled back. List of Benefits The primary motive and purpose of any business unit is to make sure that the customers associated with the business are satisfied and the revenues earned by the business organization are high. In case of Shoecarnival, the customers that the company is targeting may already be using other online providers. The basic demands of the customers include reasonable prices of the shoes along with huge catalogue so that they may choose the desired product from a diverse range on the website or mobile application. The user experience that the customers earn from the website or mobile application is also one of the major factors. The development of mobile application and enhancement of the existing website of Shoecarnival will allow the ability to the organization to earn better levels of customer satisfaction. The use of safe modes of payments along with security protocols and mechanisms will allow the execution and completion of payment transactions safely. This would enable enhanced customer trust and engagement with the organization. There will be many initiatives that will be done by the business units to collaborate with the shoe brands and sellers. This will enhance the market reputation of the company in the market along with the revenues earned by the company. The promotional activities that will be carried out on the social media platforms will allow the expansion of the partners and customer base which will lead to the achievement and accomplishment of the goals (Wills, 2014). The customers are now making shift towards the business units that are making use of latest technological tools and trends. With the inclusion of latest features in the website along with the mobile application, there will be enhanced levels of customer attraction that will be earned. This will further add to the organizations capabilities to achieve the goals and objectives (Khurana, 2017). Conclusions Online presence along with a strong presence on the social media platforms has become a necessity for the business units in the present times. Shoecarnival is an online shoe store that has its websites with certain basic features present on the website. In order to enhance the number of partners and the customer base associated with the site, it has been proposed to have a strong integration of the social media platforms on the website. Also, a mobile application has been recommended for the purpose. It is necessary to plan out all of these activities along with the requirements in such a manner that the goals and objectives of the project as well as the business unit are achieved. There are various development and management methodologies that can be used for this purpose. The development methodology that has been proposed for the solution is agile methodology for system development. It will allow the solution to be developed in such a manner that it is flexible and adaptable in nature. Also, the management of the project shall be done by making use of the methodology as Project Management Body of knowledge (PMBOK). 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