NEW KIND OF MESSAGE IN FACE BOOK

World's largest online social network to expand its program members Exchange Message has announced.

Facebook says that the new system will allow people via email, instant text messaging and SMS to communicate with others.This new social networking communication system gradually over the coming months will provide its members.That way, Facebook users can exchange messages with people who are not Facebook members will also.

Mark Zvkrbrg, the young CEO of this company, on Monday in San Francisco stated: "We do not think that email message will be a modern system."Mr. Zvkrbrg now one of America's billionaires. Facebook in 2004 left.Over 500 million people worldwide are members of Facebook.Mark Zvkrbrg recently predicted that users of this website in the future borders of a billion people pass time.Facebook rivals over the years or have been out-competed or their popularity has declined.But the process of emergence of Facebook as the most important online social network free from controversy and criticism is not.Facebook rules regarding the "privacy" Users often complicated by the critics and has been rated poor.Facebook announced in May 2010 that major changes, controlling for this section is easier for users.(BBC,25/11/10)

TESCO

1-What benefits does Tesco’s information exchange offer to the retailer and its suppliers?

Tesco has started of using TIE(Tesco Information Exchange)since 1997.It it massive help to control and influence in combine Tesco retailing knowledge with the product knowledge of suppliers. In addition TIE aim the supplier to have enough time to react about orders.(Chaffey, D (2002), E business and e commerce management, Financial time)

2-What differences have the use of TIE added over the original EDI system?

Electronic Data Interchange(EDI) is a way of life for Tesco and about  200 of their suppliers, enabling rapid and up-to-the-minute stock data to be transmitted across their supply chain. It started operating from 1980s and sent messages to 350 suppliers about details of actual store demand and weekly sales forecasts.As a result, Tesco have increased their stock turn to 36 times per annum, reduced lead times to less than three days. management by suppliers.(Croom, S.  (1999)  The Supply Chain Revolution, NEXUS, Autumn)

But it needed to improve because Tesco did not know the correct value of sales or they did not receive any feedback . The TIE helps to good understanding of two way collaboration in supply chain. .(Chaffey, D (2002), E business and e commerce management, Financial time)

Why business plan???

A business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals.
why business plan:
-This Systematic approach to planning enables you to make your mistakes on paper,rather in the market place.
-Make you feel confident about your ability to set up and operate the venture.
-Business plan shows how much money and time are needed.
-you will  prepare yourself for different step in  real market.
(Barrow,1998,'The business plan workbook',fifth ed, London and sterling ,)