Communication Dashboard Project Description Essay

Communication Dashboard Project Description - Essay Example ominance in its business line, the growth of the organization as well as the increased data traffic in its website is owed to social media connectivity which enables users to post reviews based on first-hand information or research. The purpose of the yelp.com is to collect information from users all around the San Francisco area and use it to provide customers with market information regarding the businesses and organizations active in the restaurant industry. The overreliance of the website’s reviews from online social media shows that the company embraces technology and uses as a business tool. While the site is informative in business terms considering business-to-customer relationship, it also aids the restaurant industry to maintain regular and sustainable growth and development. However, since yelp offers information regarding services offered around the San Francisco’s restaurant industry, it faces challenges from competition comprising of consultant firms, experts in market analysis, professionals with high levels of experience in evaluating business performance, as well as internal sources that companies provide shareholders with in terms of annual financial results. Based the base factors, this study aims at analyzing the communication process of the company’s website as the communication vehicle. Yelp is an organization that uses a website to link customers with customers and businesses with customers as the organization’s website is used as the communication vehicle. Under the notable features of the website are financial strategies, business strategies, as well as customer attraction to San Francisco restaurants. San Francisco’s economy is highly dependent on the number and output of businesses within the region. Based on this case, San Francisco has been applying and implementing strategies that can help trade resources available within the state. On the other hand, the number of visiting customers from other states continued to grow

Economics Essay Example | Topics and Well Written Essays - 1000 words - 17

Economics - Essay Example In a closed economy where there is no foreign trade, the level of outputs that are produced will be at market equilibrium as the demand levels will further be met by the supply levels. However, during recessions, when unemployment rate rises, the demand will still be met by the supply, although the demand level will be lower. This is why in the goods market prices and quantity will settle at the equilibrium but high unemployment can still be present in the economy. This has been termed as the â€Å"Keynesian unemployment†. As what has been described earlier, in determining output to meet the demands, there are two views—the Keynesian and the classical view. The classical view argues that prices and wages are flexible, in such a way that excesses in either demand or supply will quickly be absorbed by the economy and resume full employment of resources after economic shocks—or abrupt changes in the aggregate demand and supply curves. The Keynesian view on the other hand argues, as apparent in its sticky theory of prices and wages which says that these two factors are sticky in the short run because of contractual rigidities such as agreements made with different interest groups such as the labor unions. In the latter situation, the one proposed by Keynes, higher levels of aggregate demands are needed for output to respond positively because aggregate supply curve is relatively flat especially when output levels are low. In this situation, the economy can have long periods of unemployment b ecause prices and wages are slow to adjust to shocks, and reaching full employment of resources is slow to reach. When classical economists argue that unemployment results from the interaction of the labor demand and supply curves, and lowering the wages will spread the labor supply which can curb unemployment in the process,