Saturday, January 8, 2022

SCHOLAR: THE HYBRID BUSINESS APPROACH


What is contrasted between traditional brick and mortar business and the hybrid business is the fact that the hybrid business takes advantage of the civilian market via the implementation of electronic business within what is called the goods and services market.  According to Statista Canada “imported goods and services [were] worth about 638.76 billion” and “exported goods and services [were] worth about 683.08 billion.”  Specifically, Shopify had revenues of $1.124 billion (Macrotrends 2022) in 2021 and Ebay at $11.739 billion (Macrotrends) in 2021.  These companies use electronic business to facilitate the trade from one user to another.  The user can be a civilian or a business entity.  What is interesting to note here however is the fact that the electronic business that consist of a part of the goods and services market is a fairly large amount especially when contrasted to the sum import and export of goods and services of the country.  The goods and services in the electronic business are constantly sold on a twenty-four-hour basis.  Specifically, buying and selling from other users in such websites as facebook market place and craigslist is a form of trade within the civilian market. 

The civilian market can be traced back to the concept of the “Bazzar” which was connected to the silk trade where items were vended in the markets of the Middle East and Egypt all the way to Europe and Asia.  Merchants would travel across these continents to vend their “goods such as silk, spices, tea, ivory, cotton, wool, precious metals, and ideas” (National Geographic 2022).  Essentially the Bazaar became the modern market where commodities are exchanged between individuals and individuals and shops.  Modern markets can be differentiated by the type of goods they sell, if produce, livestock and meats are sold, the practice is referred to as the “wet market.”  However, if products are packaged, it is referred to as the market.  Regardless, what transpires in these places is that it serves as a place whereby individual civilians have the option to trade with each other along with the ability to trade with the shops therein.  What the hybrid approach takes advantage of is the ability for employees within the business to trade with one another, as well as the ability to trade with the global market via electronic business.  Specifically, the hybrid model facilitates the trade between individuals and the trade between individuals and business.  The aforementioned markets have since transformed to places wherein people can sell their goods in online through websites such as but not limited to ebay, craigslist, facebook.  The hybrid business of Erations Conglomerate involves the selling of accounts tied to assets in which the consumers of respective stores such as the Google Play Store, Apple Store and the Microsoft Store purchase such goods as applications, ebooks, music and movies, amongst others.  What is important to note here is that not only is trade occurring in the aforementioned markets but trade between civilians also happens in places such as train stations, bus stations and loops, various open malls and parking lots.  The hybrid business of Erations Conglomerate seeks to provide a safe place whereby employees and other venders can trade in a safe place away from places that trade black market goods such as cocaine, heroine, methamphetamines etc.  Such trade in the aforementioned goods results in activities that promote a risk to safety because often times people engaged in this illicit activity seek to defile their purchasers.  The hybrid approach takes advantage of the fact that people want a safe place to trade.  When they trade in a brick and mortar store of the SBU’s of the company over the platform, it serves as an opportunity for the managers of the SBU to facilitate the sales process with these potential customers.  Regardless, the trade that the hybrid business facilitates between its employees relies on social contract. A social contract can be defined as an agreement between individuals to cooperate with one another.  What actually happens in the process of bargaining and bartering is that a vendor sends out an “invitation to treat” a perspective consumer looks at such invitation and makes what is known as an “offer” (Yates 2017).  When the offer is made the obligation to purchase the bartered upon goods or services is complete.  The consumer must then provide the bargained upon “consideration,” in most cases monies, in exchange for that which was bargained for.  Trade with the global market however is actioned through a terms and conditions to service by the platform emimee. 

There are legal ramifications to the vending of accounts of which the vender must abide by the terms and conditions of the respective company who issued the account.  However despite these, there is development in this untapped market of goods, according to Faskens, a leading law firm, they specify that in “2012, a European Court ruled that it was permissible to resell digital software” (2019).  Further in a European case, the District Court of Paris asserted that “Valve could not prevent consumers from reselling digital versions of the video games they had purchased on Steam” (Fasken 2019).  Faskens also mentions that there is a pending case with regards to the resale of eBooks is in Europe's highest court (2019).  Essentially what is argued is that current policy is anti consumer and the market is designed from the perspective of the businesses who issue such accounts.  There are consumer protection agencies which aim to advocate consumer rights and freedoms of which include and are not limited to; BBB, Consumer Affairs Canada.  The legislation that governs the majority of the safety of products sold in Canada is “Canada Consumer Product Safety Act (CCPSA).”

Another legal ramification is the engaging in the trafficking of account information and passwords.  Henceforth, trade must occur in the aforementioned “safe” place where a meeting between the two parties must occur so as to complete the exchange.  Passwords and account information are transferred from the vendor to the purchaser and not the vendor to the platform, to avoid legal liability with the laws of the land pertaining to such trade. In the global market place this would take place via email with prompts and steps provided by the platform.  Despite these however, purchases can still occur online. 

The benefit of the “hybrid business” is that people have the option to purchase from people they have rapport with, as is the case with what Erations Conglomerate is promoting via the emimee platform.  The drawback is that there is a less probability that the individual finds a buyer because of a reduced consumer base.  Despite these however, emimee aims to have that market as well via opening it up to the web.  In this, emimee hopes to give the employees the ability to sell their goods and services online. 

Further, through the emimee platform, individuals can place themselves on bid specifically for the company to offer a bonus upon the accepting of an offer of employment.  Internal (Erations Conglomerate) and external employers can look and scroll through these individuals and determine the feasibility and the viability for placement within their company based on the merits they promote on the emimee platform.  This practice comes from sports wherein specific teams in national leagues such as the NFL and NHL offer their perspective players a bonus upon accepting or changing teams.  Further in academia, scouts are used to persuade perspective players to join the schools teams.  These perspective players are offered scholarships and discounts on tuition.  Just like the aforementioned, Erations Conglomerate aims to advance and commercialize the practice of human trafficking by implementing the factors market into the company.  The factors market can be defined as “markets in which firms buy the resources they need to produce goods and services” (Krugman 2018).  By putting oneself up for bid on emimee he or she can affect the “factor intensity” meaning that he or she can be selected by internal (Erations Conglomerate) or external employers thus differentiating themselves from other factors or possible employees.  Essentially, the aim is that whomsoever places themselves on bid, seeks to gain a factor income.  This is an income is in the form of salary wherein it was a surplus of the factors of production of which the individual becomes a resources of the company who purchased them via the bidding process.  Hence people placed on emimee or any other site such as craigslist, indeed, kijiji etc., become producer goods.  A producer good can be defined as; “goods, which satisfy the want of consumers indirectly….. they help in [the] producing [of] other goods” (NIOS 2022). 

Human trafficking has a bad rapport in society, and it is attached to negative connotations because people have had negative experiences specifically being mistreated or deceived.  In fact, there are many cases by which people in the public eye have felt they were treated without equity; such is the case when an individual was specifically used for her profession, in the courts she explained to the jury, she felt that she was “sexually trafficked,” in her profession and it was “not good for my heart.”  Further, another individual has claimed in court that some take pride in being the one to “break” her and that the person doing the violation experienced some sort of satisfaction from it.  These cases go back years into the past and have essentially caused in these people a significant amount of pain and suffering.  Society has specifically made laws in order to prevent such mistreatment of peoples. 

Erations Conglomerate has a history of research and development in this area.  As a matter of fact, Erations Conglomerate experimented with blogger in a crude attempt to sell various individuals in the community, individuals found on craigslist and through interpersonal communications in the community.  This was done through a now deactivated blog referred to as “Security Track.”  The subjects involved are as follows:  An individual who got into a brawl in the bus in Metro Vancouver.  People were arguing and debating over this incident over social media. And, there was also an individual advertising sex on craigslist.  Erations Conglomerate does not condone the selling of sex.  In fact, the company believes that such individuals needs to be regulated by the government.  And furthermore, such individuals can serve as an intervention hence a therapeutic effect can be ascertained in the treatment of such disorders as depression amongst others.  In fact, there are already individuals working which seek to address the social isolation and exclusion, these are what are referred to as companions.  What seems to be the differentiation of the sex worker and the companion is the nature of the job, essentially separated with something of a scope.  The sex worker has the “scope” to perform acts of sex whereas the companion addresses the interpersonal communications of the individual that hired them.  Without a degree program in Sex and Intimacy, such uncertainty in the discipline will continue and the issue of scope remains blurred.  Erations Conglomerate also had an interest in a particular subject who ascertained notoriety in the community when she was not given a Brazilian.  The businesses didn’t provide the service because they provide services to the female body and not individuals that have not undergone reconstructive surgery.  This individual was combative to the press and henceforth Erations Conglomerate discontinued interest.  Regardless with this case and the previously mentioned, these individuals provide the company with the value of inclusion and diversity.  They serve to provide a perspective which intrigues the status quo.  Essentially, it provides excitement but also the desire to think critically.  These outstanding individuals allow for policy transformation to take place.  They give the government cues for consideration and such experiences are factored during policy creation.  Henceforth, the “hybrid approach to business” is an important part of Erations Conglomerate and its corporate plan.  Having this platform helps with the development of the culture of the company and its dedication to the capitalist economy.  Specifically, Erations Conglomerate through the emimee platform aims to appeal to the innovative/ adhocracy and market driven cultures known in business.   

WORK CITED

Fasken.  (2019).  “Video Games and Computer Games Bulletin.”  Retrieved from:  https://www.fasken.com/en/knowledge/2019/10/reselling-digital-video-games-now-entering-the-age-of-the-digital-yard-sale

Higher Rock Education.  (2022).  Goods and Services Market.”  Retrieved from:  https://www.higherrockeducation.org/glossary-of-terms/goods-and-services-market

Krugman, P., et al.  (2018).  Macroeconomics.  New York, USA.  Macmillan Learning.

Macrotrends.  (2022).  “Shopify Revenue 2013-2021 | SHOP.”  Retrieved from:  https://www.macrotrends.net/stocks/charts/SHOP/shopify/revenue

Macrotrends.  (2022).  “EBay Revenue 2006-2021 | EBAY.”  Retrieved from:  https://www.macrotrends.net/stocks/charts/EBAY/ebay/revenue#:~:text=EBay%20revenue%20for%20the%20twelve%20months%20ending%20September,2018%20was%20%248.65B%2C%20a%2012.86%25%20decline%20from%202017.

National Geographic.  (2022).  “The Silk Road.”  Retrieved from:  https://www.nationalgeographic.org/encyclopedia/silk-road/

National Institute of Open Schooling.  (2022).  “Goods and Services.”  Retrieved from:  https://nios.ac.in/media/documents/SecEcoCour/English/Chapter-3.pdf

Statista.  (2019).  “Total volume of imports of trade goods and services in Canada from 2000 to 2020.”  Retrieved from:  https://www.statista.com/statistics/463924/volume-of-imports-of-trade-goods-and-services-in-canada/#:~:text=In%202020%2C%20Canada%20imported%20goods%20and%20services%20worth,to%20737.5%20billion%20Canadian%20dollars.%20Already%20a%20member%3F

Statista.  (2019).  “Total volume of exports of trade goods and services in Canada from 2000 to 2020.”  Retrieved from:  https://www.statista.com.libdata2015.hilbert.edu/statistics/463912/volume-of-exports-of-trade-goods-and-services-from-canada/

Yates, R., et al.  (2017).  Business Law in Canada.  Ontario, Canada.  Pearson.

 


Monday, January 3, 2022

PRESS RELEASE: EMIMEE PLATFORM

The digitalization initiative of Erations Conglomerate is now live in beta form at "emimee" where it is the place that employees are able to buy and sell their accounts.  Apple, Google, Microsoft, Instagram and Twitter...  These can be sold on emimee.com.  The emimee platform is going through several stages of development, within the next year the project should be fully completed, live and functional.  For civilian users, there is a forum section where followers can share their thoughts and concerns about the company.  emimee.com #emtea your account with us.  There is a need to own your assets tied to your account.  With the emimee.com platform, you now are incharge of those assets.  Such assets include and are not limited to applications, ebooks, music, movies and t.v. shows.  Purchasers have the right to owning these when they purchase them from the respective stores such as Google Play, Apple Store and the Microsoft Store.  Just like physical media, digital media too can be sold.  Only through emimee.  

View the platform at:  www.emimee.com



SLIDE DECK- Multi-Works Development