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How does the process of diffusion work? Diffusion is a lifelong process for the cells life functions when molecules move from one area of concentration to another. All cells have permeable membranes that doesnt allow any solution to pass through. When gaseous or dissolved stuff are allowed to pass through the membrane, this process is called diffusion. This process can go only when nothing keeps particles from moving, so we can observe diffusion only in gases or solutions, but cannot find it in solids. When molecules move, they go from an area with a high concentration to the area with a low concentration. A good example of it is when smell of fresh soup goes around the flat from the kitchen, or smell of bonfire goes through the forest. So, diffusion can happen only when there is a concentration gradient. Diffusion is a vital process for living organisms, there are a lot of examples how the diffusion works in human body. Digestion products that are dissolved in water, can pass through the small intestine thanks to diffusion. In the small intestine they have a higher concentration compared to the blood, so the concentration gradient will cause the process of diffusion. Carbon dioxide and oxygen are exchanged in our lungs according the same process. Osmosis is a special type of diffusion process of water molecules. This process goes through the partially selectively (permeable) membrane. The result of this process goes differently in animal and plant cells. Active transport is a process of moving of dissolves ions into or out a membrane of cell. In opposite to the diffusion, molecules move from the area with small concentration to the area with big concentration. This process doesnt go without energy, and sometimes it happens that the concentration of dissolved molecules is less outside that inside, but if the human body needs more molecules, the process wont stop. In this case, the specific molecules can be taken by carrier proteins and moving through the cell membranes. Here are some illustrations of active transport inside the human body and plants: glucose absorption in the human small intestine (the process goes in the epithelial cells share); absorption of ions by plants from ground water (the process goes in root hair cells).

Adam Smith s Theory Of Moral Sentiments - 1617 Words

Over the past centuries, Adam Smith ideas on morality and economics have given rise to various controversies and debates. Many moral and economic philosophers have been arguing on this topic whilst most neglected the important part of Smith’s ideas on natural liberty. As an Enlightenment thinker, Adam Smith was interested in finding out the natural laws of economics just like Newton’s successful achievement in finding out the universal law behind nature. In addition, he was also interested in investigating on the human’s nature and the morality behind human behaviours which later give rise to the modern world’s psychology. Adam Smith, also known as a father of Economy, in The Wealth of Nations, explains the role and the importance of self-interest, coping with one’s own interest without always at the expense of others, in the society as the driving force of economy. In his earlier work, The Theory of Moral Sentiments, he describes how self-interest also leads to the capabilities of benevolence and sympathy. Smith’s ideas from these famous works have become the foundation of the modern economic ideas and the economic norms that ought to be followed. This essay will describe the motivational role of self-interest in society and argue to a large extent that individuals are driven by it. Smith (Smith Wealth ex. 6) proposes the idea that the market is run by a complex mechanism of an invisible hand which keeps the balance of the economy based on the concept of supply and demandShow MoreRelatedMoral Sentiments, By Adam Smith997 Words   |  4 Pagess well as abroad (Mastin, 2008). In Theory of Moral Sentiments, Adam Smith developed the foundation for a general system of morals. It showed that the moral ideas and action are the basic elements since human is social creatures. It identified that moral is the basic need as social using it to interact and express their feelings. It also stated that the society need the prudence and justice to survive, and explains the additional, beneficent, and actions that enable it to flourish. It was a veryRead More Adam Smith Essay820 Words   |  4 Pagesthought. The man I refer to is Adam Smith and after having read the assigned excerpts and a few other passages from his The Theory of Moral Sentiments and An Inquiry into the Nature and Causes of the Wealth of Nations I not only hold him in a new light, but I have arrived at three heavily debated conclusions. First, he believed that self-interest is the singular motivation that effectively leads to public prosperity. Second, although Smith feels that the oneamp;#8217;s pursuit of selfamp;#8211;interestRead MoreThe Theory Of Moral Sentiments By Adam Smith1184 Words   |  5 Pages Adam Smith is the founder of modern economics, his discussion about the market mechanism has become an economic cornerstone, in more than 200 years of his death has been regarded as the sage .He was born in 1723, in 1723 ~ 1740, in the hometown of Scotland to study;His parents encouraged him a lot his father was a lawyer also worked for Army ,he told Smith you should chasing your dream and serve the country If you have to. in the University of Glasgow completed the Latin, Greek, mathematicsRead MoreAdam Smith : The Father Of Modern Trade And The Free Market1258 Words   |  6 Pag esAdam Smith is widely regarded as the father of modern trade and the free market. His avant-garde ideas are presented in An Inquiry into the Nature and Causes of the Wealth of Nations, a masterwork of political and economic analysis published in 1776. The general thesis of Smith’s argument is that it is in the best interest of countries to manufacture or maintain a â€Å"perfect liberty† in their economies, raising worthwhile questions of what this notion of liberty entails, and where it originates. ToRead MoreThe Invisible Hand By Adam Smith1897 Words   |  8 Pagesinvisible hand is a metaphor used by Adam Smith to describe unintended social benefits resulting from individual actions. The phrase is employed by Smith with respect to income distribution and production . The exact phrase is used just three times in Smith s writings, but has come to capture his notion that individuals efforts to pursue their own interest may frequently benefit society more than if their actions were directly intending to benefit society. Smith may have come up with the two meaningsRead MoreAdam Smith And Karl Marx1674 Words   |  7 PagesI. Adam Smith and Karl Marx Contemporary economics are best explained by comparing two foundational thinkers that have contributed to the better understanding of liberalism, one being its proponent Adam Smith and the other being its most significant critic, Karl Marx. Both thinkers are profoundly important in locating and investigating the roots of neoliberalism as well as exploring alternatives ways to challenge neoliberal economics in the face of its post-cold war expansion as the inevitable andRead MoreEssay about Adam Smith Father of Economics5633 Words   |  23 PagesMBE 330.01 Final Paper Adam Smith: â€Å"The Father of Economics† Adam Smith was a Scottish moral philosopher and a pioneer of political economics. 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Moreover, if you visit United Kingdom you can recognize Adam Smith face in the 50 and 20 pounds. ‘Man is an animal that makes bargains†- Adam Smith (Brainy Quote, (n.d)). That is underling the people’s instinct when they make a deal. â€Å"A person, who received his education through hard work, is like an expens ive Car’- Adam Smith (Brainy Quote, (n.d)). Adam Smith encouraged people to

Is Internet Addiction Disorder Essay - 1483 Words

Internet addiction disorder, more commonly called problematic Internet use, refers to excessive computer use which interferes with daily life. Internet overuse, problematic computer use, or pathological computer use, problematic Internet use, or Internet addiction disorder. In the most recent version of the DSM-5, Internet Gaming Disorder is the latest term to describe this problem. History IAD was originally proposed as a disorder in a satirical hoax by Ivan Goldberg, M.D., in 1995, although some later researchers have taken his essay seriously. He used this term because it was a suitable fit to his parody. This idea he conjured was to demonstrate the Diagnostic and Statistical Manual of Mental Disorders handbook’s complexity and rigidity.The symptoms he included in this parody where important social or occupational activities that are given up or reduced because of the internet use†, â€Å"Fantasies or dreams about the internet† and â€Å"Voluntary or involuntary typing movements of the fingers.† Dr. Goldberg himself has redefined I.A.D as a â€Å"Pathological Internet use Disorder† also known as to avoid confusing what he started as a joke to be thought of as an official diagnosed addiction-like addiction to Heroin. Dr. Goldberg mentioned that to receive medical attention or support for every behavior by putting it in to psychiatric nomenclature is ridiculous. Dr. Goldberg added if every over done behavior can be an addiction that would lead us to have support groups for individualsShow MoreRelatedThe Internet Addiction Disorder1152 Words   |  5 Pagesincreasing problem streaming throughout the global society today is IAD or Internet Addiction Disorder. Our culture along with many others has been consumed with the ease and pleasure of shopping, gaming, and social networking through online portals to the point that it has become an overwhelming problem for some people. What Internet Addiction Disorder is exactly has been the topic of much debate and so has what mak es internet addiction so addicting. IAD is a serious problem and is receiving attention fromRead MoreInternet Addiction Disorder ( Iad )1623 Words   |  7 PagesHealth 100 11/16/2015 Internet Addiction Disorder The technology is growing strong every day. More and more people start to use smartphone, computer, etc. In addition, the main purpose of using smartphone, computer or any technology devices is to gain access to the Internet. Consequently, people started to be addictive to the Internet. Internet Addiction Disorder (IAD) is the term to describe the massive using of Internet. IAD is similar with other addiction disorders such as gambling, sex,Read MoreEssay on Internet Addiction Disorder4686 Words   |  19 Pagesand more reliant on using the internet for their informational, academic, social, entertainment, organizational, and connectional needs. Along with all of the good that this has brought a new disorder is arising, internet addiction disorder. Although internet addiction disorder has not been added as of yet to the DSM hopes by the researchers are high that it will be added in the future editions. Much research has been done to understand the complexities of the disorder. Most of the research has beenRead MoreInternet Addiction Disorder - Short Essay707 Words   |  3 PagesInternet Addiction Disorder Computer and the Internet become useful tools in every day life. People are able to work on-line, chat, play games, or do their businesses. Although Internet brings many advantages it also carry a variety of dangers, including the possibility of addiction. Internet Addiction Disorder (IAD) is a new kind of addiction, which manifests itself in an excessive computer use that usually collides with person’s daily life. The fundamental problem of IAD is not a computerRead More Internet Addiction and Attention Deficit/Hyperactivity Disorder2122 Words   |  9 Pagesconvenience machines, and the internet. The internet is always expanding and encompassing more as time passes on. From its’ development to today, the internet is used for more than information gathering, such as playing video games, games, socializing via chatting, Skype, social networking sites, watching movies, and more. With so much to do on the internet, it can become time consuming and even become addictive to some, leading to excessive overuse or addiction. Internet addiction behaviors include â€Å"us[ing]Read MoreThe Effects Of Internet Addiction Disorder And Technological Tools1360 Words   |  6 PagesThe Effects of Internet Addiction Disorder and Technological Tools. Problematic Internet Use The issue of Internet Addiction Disorder (IAD) has become a topic of discussion for the newer generations exposed to technological tools (smartphones, tablets etc.). Considering the effectiveness of computer mediated communication (CMC) compared to the traditional face-to-face, there is a larger chance to become addicted to the internet since technological tools have been developed to be conveniently accessibleRead MoreEssay on Internet addiction1725 Words   |  7 PagesInternet and Video Game Addiction Internet addiction is a worldwide disorder that is oblivious to the technological age we live in. Since its inception in 1991 (Livingstone), the World Wide Web has only improved our quality of life. People don’t perceive online technology as a problem but as a solution to make our lives cheaper and efficient. As a working college student, my whole life is run on the internet. I use Facebook religiously to keep in-touch with my friends, I play Xbox Live to competeRead MoreInternet Addiction And Its Treatment1163 Words   |  5 Pagesra lians%20digital%20livesFinal%20pdf.pdf ACMA,. (2016). Excessive internet use | ACMA. Acma.gov.au. Retrieved 12 October 2016, from http://www.acma.gov.au/Citizen/Internet/esecurity/Staying-safe- online/excessive-internet-use Amichai-Hamburger, Y. Ben-Artzi, E. (2003). Loneliness and Internet use. Computers In Human Behavior, 19(1), 71-80. http://dx.doi.org/10.1016/s0747-5632(02)00014-6 ArÄ ±soy, Ãâ€". (2009). Internet addiction and its treatment. Psikiyatride Guncel Yaklasimlar- Current ApproachesRead MoreWhat is Internet Addiction?1202 Words   |  5 Pagesof technology is the internet. The World Wide Web (www) is part of almost everyone’s everyday life. In addition to the uses of computers, we can use our hand held devices to access the internet as well. The ability to have unlimited access to the internet from anywhere at any time has become the cause of a serious addiction that affects about one in every eight Americans; this addiction is referred to as Internet Addiction. Internet addiction is a compulsive behavioral disorder which affects the wayRead MoreIs Social Media Responsible For The Increase Of Mental Health Issues Among Young People?1696 Words   |  7 Pagesof being in situations where escape might be difficult. So one could argue that social media provides a lower pressure environment where at least the person is receiving some social interaction rather than none at all. Someone with social anxiety disorder is characterized as having a constant phobia of social situations in which they believe they will be embarrassing or humiliated. The advantage of social media is that unlike a face to face situation it allows the person to take time over what they

Galileo Science And The Church Essay Research free essay sample

Galileo, Science And The Church Essay, Research Paper Desiring people to cognize that there was a dual mistake in the struggle between Galileo and the Church Father Langford writes an history of the facts in Galileo, Science and the Church. Langford shows in the before mentioned book that in the beginning of the 16th century the geocentric position was accepted in bulk by theologists and scientists likewise, but by the terminal of the century scientific thoughts started to emerge that were different. Theologians besides started to talk of differences in beliefs. With the interlingual rendition of the Bible into a common linguistic communication and its greater entree through the innovation of the printing imperativeness person sentiments merely increased. Through a serious of events, by the terminal of the 16th century, the Church had developed a obstinate dedication to the position quo, which tolerated no suggestions of defects in their beliefs. Galileo had begun to believe the new manner of believing with respect to scientific discipline and he had begun to compose of his beliefs and findings. The contention of Galileo? s finds and what they meant, apropos of the beliefs of the Church, started a great struggle. By the beginning of the 17th century the Church felt that they had to support themselves against the accusals of Galileo. Galileo did non see himself as assailing the Church. He seemed to believe one time he had his beliefs out that many would understand and merely accept them. On the contrary, while liberal-minded intellectuals saw his determination as a great part, the theologists claimed that anyone could see how Galileo? s theory was non possible. They stated that the Sun rose in the forenoon continued operating expense at midday and set in the eventide believing this supported the geocentric positions. Galileo continued to compose of his findings going more and more apposed to the biblical normal. The theologists were now forced to revenge with Bible and the conflict began. Without cogent evidence Galileo upset the position quo saying that the Bible does non give a scientific account of the existence. At this point in the contention between Galileo and the Church it seemed that the Church was ready to try a via media, but Galileo refused to talk of his beliefs as theory because he wanted his beliefs to either be accepted as fact of rejected wholly. This attitude of Galileo? s merely worsened affairs. Galileo truly could non turn out his theory, and he refused to talk of it as a hypothesis. The Church now adopts the same attitude as Galileo and demands for Galileo to abandon his thoughts or face imprisonment. At this point the facts become obscure because of a disagreement of the genuineness of docum ents in the Holy files and conditions or non Galileo received or even agreed to the conditions of the edict of 1616 is still left unknown. However, Galileo left Rome and lied in suspension for a twosome of old ages. Then a survey of comets emerged which Galileo could non defy composing a defense on. Langford points out a spot of Galileo? s charter demoing that the defense was written in a affair of fact sarcastic manner. The publication of this gave Galileo hope while it struck fright in the Black Marias of those that were still protecting the old order. Langford points out at this point that although Pope Urban VIII encouraged Galileo? s Hagiographas the authorization of the Church was at interest and Galileo was to compose his beliefs as hypothesis with no effort of presentation. Galileo? s Hagiographas lead to a Dialogue. It is seen that Galileo made a sculpt error undervaluing the strength of the Tychonic system to many of the influential minds during this Dialogue. Galileo besides rejected the tide theory of Kelper? s trusting his ain theory would be some cogent evidence of the Earth in gesture but he did non turn out that the Earth was in fact in gesture. At the concluding of the Dialogue the determination on conditions of non to publish it was really huffy with the edict of 1616 still standing, but it was allowed. After the publishing the Pope was convinced, by others, that he had been betrayed and made merriment of. It besides became evident that Galileo did in fact betray the edict of 1616 in hopes of turn outing his point and so the edict would be forgotten. Now, the Church must, to salvage face, act upon the unfairness to their establishment. Galileo goes to test, and the prosecution treated him as an illustration to those that wanted to travel against divinity or authorization. The prosecution bombarded Galileo with Hagiographas of his ain that were taken out of context. With the disapprobation of Galileo complete he spent most of the remainder of his yearss under house apprehension. Langford gave the facts that explained what led up to the disapprobation of Galileo with an optimistic position. Although Galileo was wrongly treated by the Church because of the Churches refusal to let him to compose of his finds or to seek and turn out them, and by the questionable manner that the prosecution handled the instance. Galileo besides wronged the Church by the manner he approached this affair. Had Galileo non so recklessly attacked the beliefs of the Church or had he shown a regard for their authorization things might hold been much different. A small nuance was warranted but non used on the portion of Galileo and the consequence was therefore. So the point of Langford is good taken that there was, as in most bad lucks, mistake and bad judgement to be seen on the portion of both parties.

Transaction Processing System And Management Information Systems Information Technology Essay Essay Example

Transaction Processing System And Management Information Systems Information Technology Essay Paper Information System has different types as mentioned above. They are Transaction treating system, Management Information Systems ( MIS ) , Office Automation Systems ( OAS ) , Document Management System ( DMS ) , Decision Support System ( DSS ) , Executive Support System ( ESS ) , Expert System ( ES ) , Knowledge Work System ( KWS ) , Geting Information System, Information System Security and Control, Impacts of Information System etc. , These types is related to different sections in an administration such as Operational Manager, Data worker, Middle Manager, Senior Manager etc, . The below diagram shows how the types supports different sections in an administration. The director, who maintains, controls and improves the activities in an administration for better services and goods to clients. The director cheques twenty-four hours to twenty-four hours operations and with the consequences they will take certain activities. One of the major twenty-four hours to twenty-four hours activities is Transaction treating system. This Transaction Processing is a type in information system. The dealing procedure is a set of information that may be order, payment, scanned information etc. , through computing machine and demand to be updated in a database and database must direct conformation at same clip for the petition. Transaction procedure contains two types of procedures they are Batch Transaction Process and Real Time Transaction Process. The batch dealing means it collects the informations and stored in Database and does nt react instantly during procedure. The best illustration of BTP is nomadic bills, Bank statements, cheques etc. The Real Time Tran saction Process means it collects the informations and responds instantly for the procedure and saves the records in database. The best illustration of RTP is Withdrawal money, Deposit money, and Scanned payment consequences in retail shops. Any concern that may be on-line or offline tallies under these two procedures plants. The below diagram show the basic dealing procedure which involves user, intent and the type of procedure We will write a custom essay sample on Transaction Processing System And Management Information Systems Information Technology Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Transaction Processing System And Management Information Systems Information Technology Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Transaction Processing System And Management Information Systems Information Technology Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer A A Ref: A Board of surveies NSW, Stage 6 Information Processes and Technology, Preliminary and HSC Courses ( 2007, page 14 ) Data Workers: The individuals who work for the company are known as information workers. The best illustration for informations workers are employees. The information system types comes under this section are Knowledge direction system ( KMS ) and Office mechanization system ( OAS ) . In any administration KMS is used to capture, organize and make concern procedures in efficient and advanced manner. To acquire the right information we collect informations and use cognition. The administration success depends upon the cognition. All the employees in an administration must portion their ideas for the administration end. The professional people who works for the KMS acts as advisers and give aid for both Top degree and Middle degree direction. These Peoples develop new cognition for the administration and integrated it with bing cognition which is nil but updating the system. Example for KMS is the Bankss say that sedimentation money in Bankss for protection. In add-on to that the cognition they use to increase the clients is if you deposit the money for more than a twelvemonth we will give an extra 5 % for the money which means if you deposit $ 100 so at the terminal of the twelvemonth you own $ 105. OAS is an extra tool to do the procedure easy in the administration. A computing machine system which allows assortment of application such as Microsoft word, Emails, Calender and even sharing resources each other through a affiliated web. This is used chiefly by office workers who supports directors at all degrees. The best illustration for OAS is Microsoft word. This application is of user interface which helps to do the paperss more easy and has extra installations like enchantment rectification, word count etc. In-between Manager: This is one of the department/layer in an administration. The major function is to supervise subsidiaries like informations workers, operational director before describing to upper director. The Information system types that involve in this section are Management Information System ( MIS ) , Decision Support System ( DSS ) , and Intelligent Support System ( ISS ) . Manage information Tells director how to pull off information for a peculiar state of affairs. This information is managed in accurate, seasonably and relevant for state of affairss. System is a combination of different degrees in an administration. MIS is defined as combination of different beds in administration, people and paperss to cognize the administration jobs and supply appropriate information for the job. Accessing, Organising, Summarizing and displayed information for back uping everyday determination devising in the functional countries. The four types of MIS are TPS, OIS, DCS and Expert Systems. The illustrati on for MIS is for an on-line bank measure payment, the history holder has an option to reassign the sum for a peculiar day of the month in each month. The bank transportations money each month on that day of the month and direct a electronic mail with information about how much money is detected, clip of transportation and day of the month of transportation. DSS is a system used to do determination with the aid of broad scope of resources. This system interacts with the people by utilizing scope of resources to do determinations which we see in administration. For illustration, company wants to sell books internationally through online. To make this the company need to believe wether the determination made is wise for concern. Company can utilize DSS for doing determinations with the aid of company information and besides by other resources. This consequence gives an thought for the company to spread out the concern internationally or non. hypertext transfer protocol: //www.answers.com/topic/information-systems hypertext transfer protocol: //www.britannica.com/EBchecked/topic/287895/information-system hypertext transfer protocol: //dictionary.bnet.com/definition/operations+management.html hypertext transfer protocol: //www.pcmag.com/encyclopedia_term/0,2542, t=transaction+processing A ; i=53077,00.asp hypertext transfer protocol: //www.hsc.csu.edu.au/ipt/trans_systems/4-1/tps.htm hypertext transfer protocol: //www.ehow.com/how_5624741_start-knowledge-management-system.html hypertext transfer protocol: //www.systems-thinking.org/kmgmt/kmgmt.htm hypertext transfer protocol: //www.webopedia.com/TERM/O/office_automation.html hypertext transfer protocol: //www.gregvogl.net/courses/mis1/glossary.htm hypertext transfer protocol: //www.wisegeek.com/what-are-management-information-systems.htm

Technology Management Assignment The WritePass Journal

Technology Management Assignment Technology Management Assignment ). Product Description The software that will be offer to customers is similar to â€Å"Moodle,† which is the acronym for Modular Object-Oriented Dynamic Learning Environment. Moodle is an open-source course management system (CMS) / learning management system (LMS) / virtual leaning environment (VLE). It is used as a tool for creating online dynamic websites for students (Moodle 2013). Recent surveys show that it is considered as one of best e-learning software used by educators and is used by several primary and secondary schools in the UK (The Guardian, 2008). The software is customizable and there will be some modifications depending upon the circumstances and requirements of the clients.   Using Moodle, the teacher can upload data form anywhere and student can access it instantly (The Guardian, 2008). Our aim is to introduce Moodle and to customize the software according to the needs of the higher education system in Pakistan. The software will allow tutors to manage their courses according to their requirements and students will be able to access available data from anywhere. University administration will also be able to upload news, results, and other related information using this software. There are various benefits in the application of the e-learning software in Pakistani universities. These include increase in availability of information, quick feedback, and better communication. The Moodle e-learning system provides users with an online platform for communication and sharing of content, information, and news. Communication – is the basic function of the Moodle e-learning software. Professors can post any course-related announcement for students. Students can chat with other students in real time. Discussion threads can be created. Students and teachers can participate in the discussion. Content – is the second core function of the software Teachers can post lectures, articles, assignments and other related information. Teaching calendar of the year can be included. Teachers can post quizzes and exams and allow students to access them via the internet. Students can submit their assignments online. Business Model A business model serves as a guide to help businesses create, deliver, capture and exchange value (Trott, 2005). There are main four components of a business model. Source: Trott, 2005 Core Strategy Core strategy is the first component of business model. It describes how a firm competes with its competitors. The core strategy involves customizing the software according to the needs of the organization and to set an optimum cost. Initially, we are targeting one university only, which is the Bahira University Islamabad. Other education institutions will be approached later on. Mission Statement Our mission is to provide excellent technology services to universities in Pakistan at the best cost. Product Scope   The e-learning software will be developed by focusing on the needs and requirements of the clients. E-learning software is popularly used in UK schools. Teachers and students have given positive feedback on the use of e-learning software. We are expecting the same positive response from Pakistan’s education sector. Our focus is to develop the software based on some key points. Ease of use is one of the main objectives of the e-learning software. The product is new so we will ensure that it is easy to use and manage so that our clients will not have difficulty in using it. We will also ensure administrative flexibility so that they can manage it according to their needs. Our aim is to provide maximum value and optimize institutional investments to help them reduce their overhead costs and manage their finances better. We will also develop the software so that it is easily upgraded in the future should the client require changes. Basis for Differentiation There is currently no e-learning software in Pakistan, which is customized for the education sector and has excellent communication and content features. Most universities in Pakistan are using their websites for announcement and other news but they do not have a comprehensive software similar to Moodle. Our core differentiation is that we offer a customizable, flexible and easy to use software for the education sector. Strategic Resources For the development of this software, we will hire the best software developer form Pakistan. The reasons for hiring the software developer from Pakistan are lower labor costs and familiarity with Pakistan’s education sector. This will help us to minimize our costs and be more efficient in our product development. Our strategic asset is our developers and our business plans. Technology Strategy The technology strategy is part the overall corporate strategy takes into consideration the components of the core strategy. In pharmaceutical firms and high tech equipment manufacturers, it is common for the technology strategy to be related to the corporate strategy. This concerns the management and use of technology for further expansion and development (Burgelman Doz, 2001). Our core strategy is to focus on innovation and excellent services for our clients. Our goal is also to build reliable and flexible software that is cost effective and sustainable. The product we offer is based on Moodle. Although Moodle is already available in the market, we will develop a new e-learning software based on the Moodle framework. This new e-learning software will be customized to suit Pakistan’s education sector. Our basic strategy is to understand the client’s requirements and create products that will address all their needs. The service strategy provides guidance on how to design, develop, and implement our service management plans. We will provide not only the software to our clients, but also services such as installation, customization, and post-sales support. We will also provide trainings to teachers and administrative staff on how to upload data and use communication tools. Trainings will also be provided for university students who will be using the e-learning software. Financial Strategy   The financial strategy is an important component of any business plan. Initially, we are going to finance our business using our personal savings and from investments of our family and friends. Our initial capital investment is  £3,000 to  £5,000. For future expansion plans, we will loan from a bank or other financial institutions. Partnership Networks   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   We are going to start with one project, through the help of a partnership with a small software firm. This will help to minimize our development costs. The partnership contract will be based on profit sharing. The reason for entering into a partnership is to allow us to offer our products to other universities in the future.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   It is my responsibility to secure the contract from the university. It is my task to find out the requirements and needs of the university and to negotiate with them in terms of cost and other pertinent issues. Customer Interface   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Our target market is the Pakistani education sector. The main reason for targeting this market is the lack of educational software in Pakistan. Initially our target is one university, which will be Bahria University Islamabad. The motive for choosing this organization is the fact that some of our colleagues have studied there and are very familiar with the university.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   According to students of Bahria University, the administrative system that their university is currently using is not user friendly compared to other well-known universities in the Pakistan. As such, it will be a great idea to offer the new e-learning software to this university. To get the contract for developing this service, we will talk to the university’s management team. We will present them our product’s features and offer our services to them. Pricing Model   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   We are new in the market and we want to compete with existing players. Our main focus is to attract a lot of customers and this can be achieved by making our products affordable. We are applying a cost leadership strategy. We will offer the best products at low cost to persuade customers to avail of our products. This is an ideal market entry strategy. maximum customers and for this out for going for cost leadership strategy. We will offer best low cost to facilitate our clients and make them comfortable to deal with us. Initially our motive is to adjust our self on low profit and gain market   share. Conclusions   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Success of an organization depends on leaning, innovation, and constant change in a systematic and scientific way. Every organization will constantly have to acquire new knowledge to remain competitive. Change and uncertainty is managed by having a plan for the future. With a business plan, uncertainty ceases to be a threat and becomes an opportunity. Different models must be used to avoid uncertainty and risk. In entering a new market, we will use a business model to avoid uncertainty and carry out the innovation process in a manageable way.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Being management student, we admire the importance of literature on technology management and new product innovation. On the basis of that literature and examples, we can conclude that if we ignore all those theories and models, product innovation will not be achieved. Our plan is based on the review of relevant literature and carried out through a business model. References Burgelman, R.A. and Doz, Y.L. (2001). The Power of Strategic Integration.  MIT Sloan Management Review, 42(3), pp. 28-38. Cetindamar, D., Phaal,R. Probert, D (2009). Understanding technology management as a dynamic capability: A framework for technology management activities. Technovation,   29(4), pp.237-246 Christoph Zott, Raphael Amit and Lorenzo Massa, Journal of Management published. Vol No. X online 2 May 2011 Pilkington, A.  (2008 ). Engineering management or management of technology? A bibliometric study of IEEE TEM. International Journal of Management Science and Engineering Management.  3(1)  pp. 63-70. Herrington, J., and Oliver, R. (2000). An instructional design framework for authentic learning environments. Educational Technology Research and Development, 48(3), 23-48. HEC, (2012) Higher Education Commission of Pakistan. Available at: http://hec.gov.pk/Pages/HECMain.aspx. Jaldemark, J., Lindberg, J. O., Olofsson, A. D. (2005). Sharing the distance or a distance shared: Social and individual aspects of participation in ICT-supported distance-based teacher education. Challenging prospects. p. 142–160. Jack Kenny, (2008) Moodle takes lead in secondary, â€Å"The Guardian† Available at: guardian.co.uk/education/2007/sep/18/link.link (Accessed: 30 March 2013). Khalil, T. M. (2000). Management of Technology: The Key to Competitiveness and Wealth Creation. Boston: 18th Edition, McGraw-Hill. Liu, J.J., Qian, J.Y. Chen,J. (2006). Technological learning and firm level technological capability building: analytical framework and evidence from Chinese manufacturing firms. International Journal of Technology Management, vol.36, pp. 190-208, 2006. Levin, D.Z., Barnard, H. (2008). Technology management routines that matter technology managers. International Journal of Technology Management, 41(1-2), pp.228-237. Mortar, L.,  Ã‚  Kerr, C. I. V.,  Phaal, R.  Ã‚  Probert, D.R.  (2009).  A toolbox of elements to build technology intelligence systems.   International Journal of Technology Management, 47(4), pp. 322-345. NEFFICS, (2010 /11). Business Models and Business Model. Innovation in a Secure and Distributed Cloud Clustering (DISC) Society. p.58(1) ,  pp. 159-167. Pearson, A. (1991). Managing innovation: an uncertainty reduction process. in Henry, J. and Walker, D. (eds) Managing Innovation, Sage/Oxford University Press: London. p.18–27. Pilkington,   A.   Teichert, T. (2006). Management of Technology: Themes, Concepts and Relationships.  Technovation. 26(3), pp. 288-299. Trott, P. (2005). Innovation Management and New Product Development. 3rd Edition. Prentice Hall. Tidd, J., Bessant, J. and   Pavitt, K. (2005). Managing Innovation. Integrating Technological, Market and Organizational Change. John Wiley Sons Ltd.