Situation 1 Coursework Example | Topics and Well Written Essays - 250 words

Situation 1 - Coursework Example Lugar was inspired by the personal experience he got when helping out his mom with her garage sale. Prior work experience might also contribute in Lugar’s idea. Through his experience with other garage sales in the area, Lugar believed that he had the capability to offer new services to people regarding garage sales. Lugar’s start up idea is worth trying. The fact that Lugar has good pricing insights and is ready to use advertising to make his business feasible and successful gives him an upper hand in the area. Using pricing strategies for the garage sales idea is an important service differentiation method that can offer superior performance and thus, competitive advantage in the market. Wise pricing will help customers happy because they will maximize their profits and risk of not selling the garage items. Lugar’s pricing strategy might help ensure customer loyalty thus make the concept successful. However, before developing the concept into a business plan Lugar needs to conduct a feasibility analysis to assess the probability of the business becoming successful (Longenecker, Petty, Hoy, & Palich,

Process Architectural Design Essay Example | Topics and Well Written Essays - 2000 words

Process Architectural Design - Essay Example The essay discusses that the fire and security monitoring system is meant to manage, and to monitor the fire security alarms in a building. In order to best understand how this system works, it is only prudent to define its design both in terms of the software and the hardware components that it is made up of; we have to know how the systems components relate to each other and functions of every component involved in the working of the whole system that is controlled from the central point of security monitoring. When designing the system, we assumed that the system acts in real time and does not respond on false alarms. A large building requires an automated alarm system to monitor and control all fire and security alarms within the building. The building is sub-divided into zones, and a given number of alarms are associated with each zone. Alert for a central manned control area is provided by the alarm. This centre may may respond personally or pass these on to the emergency servi ces. Automated alarm system helps recognizing the risk and allows quick response. Fire and security alarm systems are often active to ensure that whenever there is a fire, the presence of the fire is immediately established and reported through the interactions of the software and hardware components of the whole system. The software components of the system work to manage the various different hardware components, which are associated with the alarm, which is installed to notify the necessary authorities to go to the attention of the fire and put it off. In modern equipped facilities, and in modern buildings, fire alarm and security systems are always associated with the whole security systems of the buildings. These systems work in tandem with them most of the time (Robinson 2009). This interaction is necessary to ensure that catastrophes do not happen; or in any case, they do happen, they can be attended to in due time. When a fire starts in such a building, one of the hardware c omponents detects it through one way or another as will be discussed later on in this document. The component coordinates with another component in the system to notify or to activate something or an action of the surveillance system and even the security system. In a typical fire and security alarm system, components are installed in such a way that they are according to the specifications of the devices and make it easy to access them when the need arises (Robinson 2009). The hardware components that have to be in a fire alarm and security system include: 1. The control system – this is the central component of the entire fire alarm system. It is known as the fire alarm central. This component allows for the precise programming of the manner in which the other individual components behave, hence the behavior of the entire system can also be programmed. This makes sure that notification come in at the precise time and accurately as possible in case of an event. The fire alar m central has points of input; with which it receives signals from the devices that initiate notifications, as well as points of exit; that it uses to activate alarm systems. 2. The initiating and the alarm devices – the initiating devices can be automatic as smoke/fire detectors or can alternatively be manually actuated to notify the central. 3. The power supply and the cabling – it is critical to have a very reliable power supply for a fire and security system so that it remains on at all times. Power back up systems must be installed just in case the main power systems fail. The signal cables are the ones that make the connection and links between each and