Implementation of ecotourism principles in Pembrokeshire Coastal Research Paper

Implementation of ecotourism principles in Pembrokeshire Coastal National Park - Research Paper Example arch is carried out which discusses about the implementation of ecotourism in Pembrokeshire Coastal National Park (PCNP) and the reasons why it has been referred as an ecotourism site. The procedure thus followed in this project is mainly secondary and descriptive research followed by primary research.  (Visit Prembrokeshire 2009; Prembrokeshire coast National Park, n.d.; Stopher and Metcalf, 1996)    Primary data being a direct source of information is more reliable as it is collected directly by interviewing the relevant person or from government records. There is no possibility of the data being modified by a third party and this helps in deciding which analytical techniques to use and how to interpret the results. There cannot be a better way to study the tourism industry, which is formed by tourists from different cultural and emotional background, and whether they as well as the local people are aware of the importance of sustainable development and their views about the implementation of ecotourism. At times, much relevant information cannot be gathered from official sources. First- hand information hence can be more apt.   But one disadvantage of primary research is that, it may not be always possible for individuals to travel due to time and financial constraints. (Ithaca College library, August 2009) The secondary research done here is based on existing works in this field. The resources are gathered from government publications, books, journals and articles of the United Nations Environment Program and economic periodicals. This is the very essence of secondary research. Such a research is advantageous as it saves time and money incurred for the research with easy and fast  collection of data. Often secondary data is available for broad subjects about which it would be impossible to gather primary data. But the negatives lies in the fact that the quality of secondary research need to be scrutinized as the source is questionable and there is a

Samsung Electronics Research Paper Example | Topics and Well Written Essays - 3750 words

Samsung Electronics - Research Paper Example Samsung specializes in mobile phones, tablets, televisions, DVD players, home theaters, digital cameras and other household appliances like washing machines, dishwashers and the like. Samsung focuses on innovation and it promotes its services through various global ventures and entities that are formed for such purposes. Samsung Electronics is a subsidiary of Samsung Group. According to the Financial times, Samsung Group was the world’s largest technological company in terms of revenue between 2009 and 2012 (Jung-a and Oliver, 2012). As of today, December 13, the stock value of Samsung Group on the Seoul Stock Exchange is KRW: 1,533,000 which is approximately $1,423 (Reuters, 2012). This is an appreciation over the previous trading periods which are shown in the chart below: Figure 1: Samsung Stock Levels between July 2012 and December 2012 [Source, Samsung Website] From the stocks levels identified above, Samsung is doing well in the field of business and it has commendable e fforts and results from its operations. The company is a leading firm in the consumer electronics industry and it continues to improve its services and offerings to consumers in different parts of the world. Samsung is represented in 61 countries around the world and it employs 221,000 people (Samsung Values and Conduct, 2012). The company is popular all over the world and it continues to invest in highly innovative technology and systems. This paper involves a critical analysis of Samsung’s systems and business processes and structure. It undertakes an in-depth analysis of the various components of the company and the industry and economy within which it operates her US wing. Industrial Structure The consumer electronics industry is estimated to be worth $260.7 billion in 2012 according to projections and estimates made (Elnadi, 2010 p4). This means that it is one of the world's largest and most lucrative sectors of business. The consumer electronics industry has an annual t urnover that is much more than the turnover of several small and middle-sized economies around the world. The industry's revenue base has increased by 30.6 since the 2007 business year (Elnadi, 2010 p4). This means that it continues to add up to its already consolidated financial worth and this shows that the industry is very progressive and it increases systematically with time. The main features of the consumer electronics industry is that it is highly competitive and customers in the industry are moved by brand loyalty (Elnadi, 2010 p4). The industry is moved by three main things: fashionability, innovation and it is research based (Kapur, 2009: p6). Consumers will always flock to buy a product that they deem to be latest and up market. Due to this, the companies in the industry like Samsung has to find ways of bringing new products onto the market to outdo their competitors. This therefore causes the industry to be steeped in research and innovation. In terms of strategy, the co nsumer electronics industry is ran through division of labor, a high degree of integration of different units often scattered around the world and it is affected by rapid obsolescence which sparks up the need for innovation to ensure survival (Mourdounloutas, 2011 p2). Due to this, the spate of competition in the industry is extremely high. The consumer electronics industry can best be described as an oligopoly. This is because there is the presence of a few, but highly capitalized large entities that are involved in