StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Second Life: Succeding in Virtual Times - Case Study Example

Cite this document
Summary
SECOND LIFE: SUCCEEDING IN VIRTUAL TIMES Second Life: Succeeding in Virtual Times Author Author Affiliation Date Question No 1 How could financial companies use neural networks in Second Life to help their businesses? With the new developments in information technology there emerge new trends in global business markets…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91.1% of users find it useful
Second Life: Succeding in Virtual Times
Read Text Preview

Extract of sample "Second Life: Succeding in Virtual Times"

Download file to see previous pages

Thus, by implementing such networks businesses can conduct high level research and gain effective knowledge and information regarding customers’ choices. Moreover, through this they can also have an excellent support for better corporate decision making and analysis. For example, any web based business such as Wal-Mart can open its virtual shops at second life virtual network to offer its customers an easy access. In this scenario, customers can buy things and products of their choice by using such virtual network.

Question No 2 How could a company such as Nike use decision support systems on Second Life to help its business? The new technology based decision support systems are really effective for corporate decision making and pattern analysis. In this scenario the new technology based systems are aimed at determining the customer buying patterns and make the decision according to corporate working and marketing. In addition, some of the large size organization like Nike can make use of decision support systems for the analysis of corporate deals and marketing facilities.

In case of Nike business goal seeking analysis discovers the inputs required to attain a goal like that preferred level of output. In its place of analyzing and observing how transformations in a variable involve other variables like in what-if analysis, objective seeking analysis places a target value (a objective) intended for a variable as well as then frequently alters other variables yet the target value is attained. For instance, “How much number of clients is necessary to buy our latest introduced product line to augment gross advantages to corporate preferred value?

For example, well known organization Nike can make use of second life for its marketing purposes. This business can use social networks for promoting products and services of business to a number of online users. Question No 3 How could an apparel company use Second Life to build a digital dashboard to monitor virtual operations? At the present, many business corporations make use of intelligent systems and social networks for the better corporate analysis and business dealings. In this scenario, new technology based systems such as social network are aimed at improving the corporate performance and customer interaction.

In this scenario, a widespread characteristic of an executive information system is a digital dashboard. Additionally, digital dashboards put collectively data and information from numerous parts and adapt the data and information according to person’s preferences. In addition, digital dashboards normally make use of indicators to facilitate executives to rapidly determine the status of key information or important achievement factors. For Example an apparel company could construct a digital dashboard for its own business on social network of second life to examine a virtual store.

Thus, it could be used to follow and test out each and every aspect that it could manage in a real store comprising number of customers, their types, buying behavior, number of communications by means of store avatars and possible revenue that can be generated. Thus, it will offer effective decision making and business analysis. Question No 4 How could a company use Second life to revamp its customer service process? The implementation of second life

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Second Life: Succeding in Virtual Times Case Study”, n.d.)
Retrieved from https://studentshare.org/business/1441025-second-life-succeeding-in-virtual-times
(Second Life: Succeding in Virtual Times Case Study)
https://studentshare.org/business/1441025-second-life-succeeding-in-virtual-times.
“Second Life: Succeding in Virtual Times Case Study”, n.d. https://studentshare.org/business/1441025-second-life-succeeding-in-virtual-times.
  • Cited: 0 times

CHECK THESE SAMPLES OF Second Life: Succeding in Virtual Times

Second Life: Succeeding in Virtual Times

Running Head: second life second life: Succeeding in the Virtual World [The name of the writer will appear here] [The name of the institution will appear here] [The name of the Professor] [Course] Ans.... hellip; Through neural network approach at second life the financial companies can detect what pattern the investment is following in the virtual world to get an idea of the real world because it is the human that is controlling the second life virtual world....
3 Pages (750 words) Case Study

Gregory of Nyssa

He had to change his residency many times, as he was subjected to harassment and cruelty at many places, which resulted in his despondency.... Heroes of Fourth Century) life of Moses The book is a treasure for Christians, as it deals with the virtue and perfection detailed in Christianity.... As the book has two parts, first part details the ‘history of Moses' in 77 paragraphs and the second part deals with the ‘contemplation on life of Moses', in 321 paragraphs....
3 Pages (750 words) Research Paper

Sudden Infants Death Syndrome and Arizonas Prevention Programs

On a national level SIDS claims the life of approximately 6,000 children a year.... Infants in this high risk category include: infants who sleep in a prone position; infants who are not carried full term, commonly referred to has premature; infants born with a birth weight of three and half pounds or less; babies whose mothers smoked during pregnancy or those who are exposed to second hand smoke after birth; infants born to mothers who were drug addicts, specifically, cocaine, heroine or methadone; babies whose mother consumed alcohol during pregnancy; infants whose mother had had none or late prenatal care; the second or succeeding infant born to a mother under the age of 20; infants whose sibling(s) died of SIDS; and infants who previously experienced a life threatening event....
7 Pages (1750 words) Essay

Mencius Theory of Human Nature and Xunzis Theory of Human Nature

His arguments are termed as too idealistic, far from reality, far removed from real life happenings and he argues a kind of mysticism beyond comprehension and belief.... This period saw great philosophical flowering in China that enveloped almost all spheres of life, society, politics, ruling, warfare, defense etc.... Mencius is called the second sage of Chinese philosophy....
8 Pages (2000 words) Essay

Analysis of Prestige Film

The carefully designed mise-en-scenes style featuring the two characters on the foreground at night in the outdoor scene, with lines of bulbs planted to the background, for example, not only creates an intriguing social life of the two characters at the beginning of the film, but also evokes a particular dreamlike value that is both attractive and mysterious (Bordwell, 2013)....
8 Pages (2000 words) Essay

How to get rid of your babysitter

Upon establishing that the mistakes are repetitive in nature and are due to negligence, record the number of times in which they have been done.... There are a number of reasons that can motivate individuals to get rid of their babysitter. Some of the reasons include persistent mistreatment of the children by… To get rid of your babysitter, one needs to clearly have a good reason for doing so....
2 Pages (500 words) Essay

Designing a Turkish Language Course Design

ccording to Bloom (1954), several myths and beliefs revolve around the study of second languages especially Turkish among western students.... The paper "Designing a Turkish Language Course Design" discusses that with the aid of technological programs, the evaluation processes are simplified such that the examiner can easily point out mistakes that students have incurred during the writing process....
16 Pages (4000 words) Case Study

Factors that Contribute to Success in Sports

However, it is important to note that a positive attitude towards success should not be a matter of life and death.... Sport is part of life but not life itself.... The second step is to analyze your actions by classifying your deeds and your thoughts....
7 Pages (1750 words) Literature review
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us