Which enable clients to quote Essay Example for Free

Which enable clients to quote Essay In recent years, the significance of E-Procurement strategies has been emphasized frequently in the field of e-commerce. Since there are many dimensions in the implementation of E-Procurement strategies, a multi variety of E-Procurement strategies have been developed and embodied. E-Procurement is more than just a system for making purchases online. E-Procurement system can connect companies and their business process directly with suppliers while managing all interactions between them. Which enable clients to quote, requisition, order, and track and receive through single online channel. Finding an appropriate and well managed is a crucial step in creating E-Procurement strategies. To solve this problem, this study investigates various approaches towards achieving best E-Procurement strategies for a given category. Significance of E-Procurement It’s evident that E-Procurement sites are the most successful. How you approach your target audience may differ depending on whether one uses a business-to-business (B2B) or business-to-consumer (B2C) e-commerce model, but the major goal is to meets your customers’ needs and generate profit at the same time. Applying E-Procurement, benefits Supplier, Merchant and Customers. The companies can save on purchasing costs through online e-procurement system by tracking purchase, suppliers, better negotiation. To be successful, the e-seller must select best E-Procurement strategies for Managing all the challenges for B2B Procurement which includes approved suppliers on-line, Increasing efficient of purchase management ,better Forecasting , best deal reports ,accessibility, flexibility, control ,cost ,time , Less maverick buying and for some global operations (Chaffey, 2007). Strategies for e-procurement E-procurement is the automation of the procurement processes so that the sourcing vendor selection, procurement processes, shipment status tracking and payment can be made in an online environment. The main aim of the e-procurement application is to reduce the cycle time for performing such applications hence increasing the opportunities that will attract more suppliers and greater bargaining power to the buyers and this helps a company or an organization to realize greater profits within the organization. Most of the organizations and companies nowadays are looking for ways in which they are going to cut cost as the living standards and economic status keeps on changing and this leaves most of the companies with no option than to look for various ways to cut costs in every possible way. This can only be achieved by what is known as procurement and different companies have different definitions making it the strategic arm for cost reduction. Procurement is a very broad term and companies have to adapt e-procurement for all types of purchasing and in most cases the best place to apply electronic procurement is where a very close business relationship must be established and ongoing mutual aid is needed with suppliers and this is especially when developing new products or technologies. In today’s dynamic business companies are differentiating sourcing and logistics, value chain has been be the only solution due to the e-procurement applications which helps organizations and companies to realize lots of benefits through its usage and makes the company discover a cost reduction of up to 5-10% of the total procurement spent in an organization. Before any company or organization thinks of using the e-procurement they have to bear in mind if the implementation will help the organization to generate more income and the benefits it will deliver to their organization and if it will deliver the same benefits to the industry. This profits of the e-procurement can only be realized when a well plan procurement strategy is put in place and this strategy that may seem to be different from other companies is what will help your organization to realize the huge profits which will be an advantage to your company. According to research done on different sectors it indicates that almost 55% of the procurement expenditure is on services with the major services procured is management, business and administration services, and advertisement, marketing and sales services, technology services and others and yet most organizations do not have a corporate wide policy for procuring such services. Another option that can be helpful for an organization is to choose only certain aspects of the e-procurement process to automate. For example some of the organization and businesses do their negotiations outside the e-procurement system and use the internet to do all their purchasing and order tracking and this will help an organization a great deal to realize huge profits depending on their needs. Many of the organizations and businesses simply use e-procurement for connectivity purposes and this option is only suitable to companies or businesses that are not interested in making a major switch and are happy with their procurement system they have. E-procurement systems help every company a great deal in terms of delivery as they get impressive returns on their investments To effectively implement the e-procurement 1. Start with non-critical items. An initial e-procurement system should slim the amount of paperwork needed for purchasing and reduce order complexity by standardizing the exchange process between supplier and buyer. Use your intranet to bring all internal stake-holders on board with your new procurement process and to establish internal customer behavior. Streamline, map, test, troubleshoot and improve the process before expanding it to external suppliers. Work with a favored supplier to test the system. 2. Leverage your system once it’s running. Exploit your full purchasing power by using reversed auctions. Invite new suppliers to participate once the system has proven itself. 3. Combine buyers within your organization to increase your purchasing power and gain better pricing. 4. Use a portfolio approach to expand your system. It is not possible to have uniform relationships with all suppliers nor are all purchasing requirements the same. Sort purchasing needs into groups that can use a similar process and a similar template Difficulty in E-Procurement There exist several differences between Merchants from different parts of the globe due to differing cultures, values, Policy and terms. In addition, Involved in managing more complex B2B relationships requiring expensive technology and capabilities. Integrating between purchasing process and information of Inventory, logistics and other systems require much more customization. Business Objectives towards E-Procurement Strategy The main aim of the business to reduce the cost, Improve contact compliance. Enhanced market data. Improve in provisions of service and cost. Strengthen the competition, balancing the trade during agile business process, Improve the Internal customer relationship management. Best Spend Management during recession. One-stop-shopping, getting more partners, reduced dependency and lower inventory. Reduced paper cost, Better finding products. Distributes the purchasing power to authorized user, standardizes buying methods. To make effective use of human resources (Kaplan, Norton, 2004). Business/Purchaser considerations Towards E-Procurement Strategy In order to achieve E-Procurement across all channels, it is important that the business develops at least minimal strategy outlining its goals and how to achieve them. Understanding current purchasing policies. Investigate the type of spending by classifying the buying goods in terms of direct and indirect. Identify the source of goods and services which are belong to either contract or spot purchase. To be success, it depends in large part on the number and types of merchants that join. Considering the extra cost which may be included in switching supplier. Maintaining supplier business relationship (Dobni, 2003). Identify high supply risk and low profit of business process. Financial standing, settlement and Logistics needs of Purchaser, Quality of Purchaser staff. Supplier/Technology Consideration towards E-Procurement What are the functions are included. Is key suppliers are ready to use e-commerce. Who and how best maintain the catalogue content. Is it feasible interface with leading supplier hubs and is it scalable to meet the supplier needs (Verma, 2007). Developing the Best Strategy for E-Procurement The initial E-procurement strategy can be derived from the following steps. Identify the objectives of business and possible conditions. Then involves in situation and context analysis and followed by SWOT analysis of business, Technology and process . Finally derive the best strategy by taking the Key considerations from Merchant, supplier and Technology perspective. As well as consider budget and performance perspective without deviating from the Business Goals and Objectives (Kaplan, Norton, 2004). Guidelines for choosing best E-Procurement strategy E-procurement is basically divided into 4 categories as Buyer centric, Supplier centric, E-marketplaces, and Collaborative. The following bullet points are generic and applicable to all categories †¢ Addressing basic type of goods and service covered by e-procurement. Direct and Indirect goods. Indirect materials are generally included commodity and standard Item and often cut industry line and low risk. †¢ Direct Materials are not easy to automate and consume large resources and need degree of collaboration with suppliers †¢ Focusing on defined Target groups E-procurements process is geared towards the supplier and consumer satisfaction and needs. †¢ Equal Fostering competition Both supplier and consumer should be economically benefit †¢ Enable supply management to focus on value added function of contract management and Strategic sourcing Controls Procurement expense and makes great deal of sense to help keep costs under control †¢ Encouraging the re-use of existing solutions †¢ Intensify the collection of feedbacks and success stories from direct and indirect contact †¢ Create Effective Collaboration which provide best Cross functional and supplier collaboration †¢ Spend Management Initiatives reduce of Maverick buying and tightened spend management †¢ Provide Price adjusting strategy based on the situations and deals †¢ Manages a Global system of supply chain methods to support beyond corporative Limit by introducing modern and structured e-procurement process. The process is transparent and easy to use. †¢ Selecting the appropriate e-procurement techniques for the give products needs †¢ Depends on company size and financial status select either wait and see or passive approach †¢ Increase corporate leverage with the reports available †¢ Choosing effective Platform o Easy to use by both vendor and buyer o Flexible enough to accommodate direct and indirect purchasing needs o Functionality rich enough to perform wide rand of purchasing, searching, sourcing, bidding, tracking, auditing, †¢ Choosing Right vendor o Considering quality of service providers includes B2B strong knowledge and market place Interaction (Gronroos, Ojasolo, 2004). Conclusion There is need of choosing best e-procurement strategy to be successful in B2B relationship. For this to be effectively achieved, it should be in a way that is acceptable by both Purchaser and supplier to meet their needs. As such, the B2B relation success is determined by ability of choosing best strategy of e-procurement. References Dobni, D. (2003). A framework for understanding service sector Productivity, the Journal of Services Marketing. Gronroos, C. Ojasolo, K. (2004). â€Å"Service productivity: towards a conceptualization of transformations of inputs into economic results in services†. Journal of Business Research. Kaplan, R. S. , Norton D. P (2004). The Balanced Scorecard: Measures That Drive Performance, Harvard Business Review. Kaplan, R. S. , Norton D. P (2004). Putting the Balanced Scorecard to Work, Harvard Business Review Verma, K. (2007). Service marketing: text and cases. India: Pearson education Aaker, D. (2004). Brand portfolio strategy: creating quality service delivery. Free press. Business Review Weekly, vol. 21, issue 34-37 Business review weekly: Dell Inc. Business review weekly. Chaffey, Dave (2007). E-business and e-commerce management. Prentice Hall. Ogg, Erica (2009). A modest approach to fix Dell’s customer service. Retrieved on 12th February, 2009 from http://news. cnet. com/8301-10784_3-9939821-7. html Dell Website. Build or release? Retrieved on 12th February, 2009 from http://www. dell. com/downloads/global/power/ps3q09-20090389-Build. pdf Holzner, Steven (2006). How Dell does it. McGraw-Hill Professional. Blackshaw, Peter (2008). Satisfied customers tell three, angry customers tell 3000. Doubleday.

Great Gatsby Letter :: Great Gatsby Letter

Dear Gatsby,   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  I appreciate your care for our friendship, I'm glad that what we have done means something to you as it has to me. I also see that you haven't joined the rest of the flapper aristocrats, it's good to know you're not at the shallow depths of their ignorant mentality. Anyways, I hope that your worries isn't the reason why think that our lives are so troubled all of the sudden. I know myself very well and I know that my life isn't twisted, and I know you well enough to say that your life is not as troubled as you may think or seems. Everybody else living this wealthy luxury of a life has done something worse than anything you have done, used you for parties and drinking for one. One the other hand, the only crime you've commited is falling in love. I have seen Tom and Daisy; unhappyly married knowing their real truths about each other myself, and their marriage is a farse. I have seen you and Daisy; fullfilling that longlost love you had for each other before war, wondering why you lost it to begin with. You and I know Daisy for what she really is, not for that superficial act to gain self-respect, you can make her truly happy again. As for me, I have seen everybody is East Egg. for what they really are, and Jordan is no

Exercises for Different Specific Muscle Groups

Muscles, together with our bones, shape a human’s body framework. Muscle causes motions by exerting force. It is divided into four muscle groups which are the head and neck muscles, trunk muscles, upper extremity and lower extremity muscles. A well-balanced exercise program helps to maintain muscle strength and tone.Head and neck muscles move our head and shoulders thus proper exercise is needed to relax and maintain the natural muscle girdle. One can do the isometric front and back neck exercise wherein the person will sit and will gently push his or her head backwards without bending the neck to develop neck muscle. Try to avoid any more head movements as you resist the push. After doing this for 16 counts, work on pushing from the back side of your head (Miller).Trunk muscles can gain more strength from stability ball exercises. Â  You can do full squat with the stability ball by immediately extending legs and standing up and down while pressing hands up above the head to keep wrists over elbows and arms moving parallel to your body. Do this for 20 counts and then for another set.Another exercise for your trunk is the stability ball crunch wherein first you will sit upright in the stability ball with feet firmly on the floor. Walk forward allowing the stability ball to roll until it is placed on to your mid-back part. Place your hands in your chest and contract your abdomen and raise your shoulders up. It is like having sit-ups while taking care of your neck not to be strained by keeping the head at the neutral position. Do this in 20 repetitions for 3 sets (Sports Fitness Advisor).Upper extremity/limb muscles include shoulder, forearm, down to finger muscles. Strive to finish 12-15 repetitions push-ups/triceps push-ups. After that, hold free weights with your palms facing up, stand with feet hip-width apart, abdomen tight. Lift the weights, turn the palms face out, then do in reverse motion. Repeat for 12-15 repetitions (MedicineNet).To improve your lower extremity/limb muscles, do ankle exercises by sitting erectly with your soles against the base of a wall, keeping your legs straight. Place your hands on the floor behind you for support. Flex your feet to bringing your toes toward the shins. Repeat for 5 times to stretch and get your leg’s natural girdle. Last, to improve your hamstrings lie on your back with one knee bent and its foot on the floor.Extend the other leg on the floor with foot bended. Lie down your hands on your side and then extend your straight leg in the air forming as close to 90 degrees with respect to your upper body. Then lower your leg to the floor repeating for 5 times. Try to increase your motion speed with each repetition. Hold your leg up in the air on the last repetition. Jog or brisk walk for 2 minutes after completing all the exercises.

International Bribery Regulation And The Bribery Act 2010

2.4 International Bribery Regulation and the Bribery Act 2010 2.4.1 Development of National and Transnational Ethics Regulations The development of national and international bribery legislation and regulation has been a slow process spanning many centuries, stemming from the recognition of Piracy as the first and true international crime (Duhaime’s Law Dictionary, 2015). Although wide agreement exists on the detrimental impacts of bribery and corrupt practices, many individual countries and transnational industries (including that of civil engineering) fear implementation of tough anti-bribery legislation will cause unfair competitive disadvantages compared to their counterparts from countries where foreign bribery is not criminalised (OECD Observer, 2012). The first major push to implement anti-bribery legislation was taken by the United States with the Foreign Corrupt Practices Act (FCPA) 1977; this law made it illegal for certain classes of U.S. persons to make payments to foreign government officials to assist in obtaining or retaining business (U.S. Department of Justice, 2015). The broader development of ethics based law and regulation has developed primarily throughout the 20th century; particularly post 1950 when most of the worlds Inter Governmental Organisations (IGOs) had been established. Some of the most important IGOs in this area include the United Nations (UN), World Bank, World Economic Forum (WEF) and Organisations for Economic Co-operations andShow MoreRelatedForeign Partnership Act Case Study1269 Words   |  6 PagesAfter a thorough examination of the Foreign Corrupt Practices Act of 1977, as amended, 15 U.S.C  §Ã‚ §78dd-1 (FCPA) and the United Kingdom’s Bribery Act of 2010. It is recommended that The Pho ne and Build pay the $1000 expedited service fee to hear the results of the bid before its made public. This determination supersedes the Growastan’s deputy minister of communications other three offers that included paying him $100,000, giving him a Maserati, or donating $100,000 to his son’s political campaignRead MoreSiemens Ag Bribery1261 Words   |  6 PagesSiemens AG Bribery Scandal This paper will focus on the analysis of the well-known and popular bribery scandal in the world, such as Siemens AG Bribery Scandal which occurred in November, 2006. Siemens AG is one of the largest and most popular electrical engineering companies operated in the world. The present company was founded in 1847 in Berlin and is now headquartered in Munich, Germany. The discussion and the proper analysis of this bribery scandal will help to learn many effective lessonsRead MoreLaundering Act 2010 Of Britain, Canada And China2161 Words   |  9 PagesBritain, Canada and China. 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The FCPA states that it’s unlawful to make payments to fo reign officials; having a corruptRead MoreGlaxoSmithKline In China CaseAnalysis Essay1718 Words   |  7 Pagesof 2013 due to alleged accusation of bribery and unethical business misconduct. Four of GlaxoSmithKline’s employees were arrested and detained while further investigation into the matter was conducted for bribing physician, government officials and hospital administrators in order to increase sales for GSK (Quelch Rodriguez, 2013). GSK has a third part code of conduct which all of its employees know. This code of conduct outlines the rules and regulations they should abide by when doing businessRead MoreCorruption and Bribery1795 Words   |  8 PagesCorruption and Bribery April 29, 2015 Abstract In this paper, I will be writing about corruption and bribery. I will define the terms and go on to explain the regulations that have been put in place to stop corruption and bribery. 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This act has two major sections that are relevant toRead MoreThe Industrial Revolution Sparked Invention1349 Words   |  6 PagesDesigners should use the best scientific knowledge available. †¢ Scientists had a duty to develop environmental knowledge. †¢ Ignorance was no defence under international law for ecological damage. In 2002, Johannesburg world summit on sustainable development introduced the concept of ‘Sustainable consumption and production’ leading to a number of international agreements. The main focus was to establish a link between productivity, resource usage and levels of pollution. The specific agreements were: †¢Read MoreIA1 Essay1918 Words   |  8 Pagesbeen a lot of increase in expanding companies throughout other countries. In order for a CEO of a company based in USA to move some of its operations to China, it’s best to understand the foreign and local policy that is in placed in China and the bribery scandal that involved four employees of GlaxoSmithKline. This case study will examined the GSK scandal by analyzing the case that involved the four employees, the Chinese government, assessing GSK’s response, lessons learned in order to provide theRead MoreBribery Corruption2102 Words   |  9 PagesBribery and Corruption: Is Signing the OECD Convention Enough? Darina Tomayeva 500127919 LAW724 Professor Lan Word Count: 1645 Bribery and Corruption: Is Signing the OECD Convention Enough? Before the 1990’s, the conventional belief was that corruption in developing countries was practically inevitable and in some cases even desirable. However, a more in-depth investigation into this issue suggests that bribery and corruption can cause significant problems for all parties involved. For

Expansionary Monetary Policy and Aggregate Demand

To understand the impact of expansionary monetary policy on aggregate demand, lets take a look at a simple example. Aggregate Demand and Two Different Countries The example starts as follows: In Country A, all wage contracts are indexed to inflation. That is, each month wages are adjusted to reflect increases in the cost of living as reflected in changes in the price level. In Country B, there are no cost-of-living adjustments to wages, but the workforce is completely unionized (unions negotiate 3-year contracts). Adding Monetary Policy to our Aggregate Demand Problem In which country is an expansionary monetary policy likely to have a larger effect on aggregate output? Explain your answer using aggregate supply and aggregate demand curves. The Effect of the Expansionary Monetary Policy on Aggregate Demand When interest rates are cut (which is our expansionary monetary policy), aggregate demand (AD) shifts up due to the rise in investment and consumption. The shift up of AD causes us to move along the aggregate supply (AS) curve, causing a rise in both real GDP and the price level. We need to determine the effects of this rise in AD, the price level, and real GDP (output) in each of our two countries. What Happens to Aggregate Supply in Country A? Recall that in Country A all wage contracts are indexed to inflation. That is, each month wages are adjusted to reflect increases in the cost of living as reflected in changes in the price level. We know that the rise in Aggregate Demand rose the price level. Thus due to the wage indexing, wages must rise as well. A rise in wages will shift the aggregate supply curve upwards, moving along the aggregate demand curve. This will cause prices to increase further, but real GDP (output) to fall. What Happens to Aggregate Supply in Country B? Recall that in Country B there are no cost-of-living adjustments to wages, but the workforce is completely unionized.Unions negotiate 3-year contracts. Assuming the contract is not up soon, then wages will not adjust when the price level rises from the rise in aggregate demand. Thus we will not have a shift in the aggregate supply curve and prices and real GDP (output) will not be affected. The Conclusion In Country B we will see a larger rise in real output, because the rise in wages in country A will cause an upward shift in aggregate supply, causing the country to lose some of the gains it made from the expansionary monetary policy. There is no such loss in Country B.

The Failures of Violence Essay - 1603 Words

Violence is inherently flawed. In the immortal words of Gandhi, Victory attained by violence is tantamount to a defeat, for it is momentary. Therefore the most successful strategy for long-lasting peace and independence is nonviolence. This concept is crucial to understand the history of this time period. Violence and the lack of it, nonviolence plays a major role in the play of this chapter. Many question the practicality of nonviolence: â€Å"How can it work?† â€Å"Why cant armed and powerful opponents simply kill everyone that doesnt agree with them?† The answer couldnt be simpler: because the people will revolt. A few thousand oppressors wielding violence simply cannot control several million determined people. This lack of control is†¦show more content†¦Left as is, this event is already extremely momentous. However, once we realize that Stalin and his totalitarian state arouse from the ashes of Lenin, this event becomes staggeringly critical. The March R evolution drastically changed the entire history of Russia, and possibly the entire world. Well, now that weve seen some of the power of nonviolence, heres an example at the shortcomings of violence: In the early 1900s, China, after facing years of humiliation from foreigners, was ready for change. Many Chinese believed that modernization and nationalism was the countrys keys for survival. These reformers wanted to construct modern factories, reform education and to bolster the army and navy. However, many others feared change. These people believe that Chinas greatest strength was in the traditional, the old ways. The reformers were known as Nationalists. The leader, Sun Yixian became the leader of the Republic of China. One of those groups that opposed the Nationalistic movement, was the Communist Party (the traditionalists). Led by Mao Zedong, who believed that â€Å"Political power grows out of the barrel of a gun,† the Communist Party began a civil war with the Nationalists. This is the main event that we will be examining. Now, Gandhi said that using violence to win will â€Å"be momentary.† So we would expect that Mao Zedongs possible victory would not last. And wed be right; MaoShow MoreRelatedFailure in the Indian Judiciary System for Violence Against Women591 Words   |  3 Pageshas increased in India because of the failure of the Indian judiciary system to get justice for the victims. Why is violence against women so prolific in India? Although the womens organizations in India have opposed individual acts of violence against women ranging from female infanticide, ra pe, dowry deaths, honor killings, acid attacks to female infanticides, there has been little attention given to the theoretical understanding of the causes of this violence. 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Bread Mold Experiment free essay sample

Bread Mold Experiment By: Stephanie Westover PURPOSE The purpose of this experiment will be to determine how temperature affects the growth of mold on wheat bread. The researchers choose this topic because she thinks it will be beneficial to find a way to keep food from molding. Determining how long bread can be stored before molding can help save money, prevent illness and preserve freshness. The question the researcher will attempt to answer is how freezing affects the rate of mold growth in wheat bread.The information gathered in this experiment may be relevant to those individuals who contend with food borne molds at home, or professionally. Because the rate of mold growth can vary depending on the type of bread tested, the researcher will limit this study to a commonly available variety of wheat bread that can found in most stores. This will make the results of this experiment more relevant to average consumers and it will enable the results to be generalized across a larger selection of commercially produced wheat breads. We will write a custom essay sample on Bread Mold Experiment or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Having some understanding of common practices regarding food storage and mold growth, the researcher sought out formal studies of food borne mold growth to help develop my hypothesis. What the researcher discovered was that food storage at low temperature slows many of the enzymatic reactions involved in spoilage and reduces the growth rate of microorganisms. (Microsoft Encarta, 2007) This literature review shows that refrigeration slows the growth rate of mold. Further, the article demonstrated that refrigerators should be kept at temperatures 32 to 40 degrees Fahrenheit to minimize bacterial growth.In this procedure the researcher discovered that refrigeration does indeed slow the growth rate of mold. Many organisms will not grow at all or will grow at a slower rate if stored in low temperatures. While low temperatures are not bactericidal, the low temperatures do slow the growth rate of bacteria. Although a few microbes will grow in super cooled solutions as low as minus 20o c, most foods are well-preserved against microbial growth in the household freezer. (Todar, Kenneth, 2011) In this article it states that even a household freezer can preserve foods against growth of mold if set at the right temperature.The researcher discovered that the zip lock baggie that the freezer in this experiment did in fact preserve the bread against the growth of mold. DESIGN The experiment design will be as follows: The researcher will purchase a loaf of commercially produced wheat bread and record the rate of mold growth on that bread over a period of 10 days at three different temperatures. The researcher will use commercial grade thermometers placed in a standard refrigerator, freezer and kitchen countertop to measure temperature. A commercial grade thermometer was used as it is close to the same type used in a typical restaurant.The researcher will place one piece of bread in a clear, sealed zip lock bag and put one of those bags in each of the three temperatures zones. Zip lock baggies were chosen over any other standard container because it was t he best choice to keep out any bacteria that might give false results. She will remove each test bag from its controlled temperature zone and measure the mold growth on each piece of bread through the clear zip lock bag using a fractional ruler. The researcher will record those measurements in a log book noting the time, temperature variation if any, and size of mold growth in inches.She will then immediately replace the bag back into its respective temperature zone. The researcher will repeat those measurements for 10 days and summarize my findings at that time. The researcher will be using commercially available wheat bread so that the results of this experiment can be at least partially generalized to all commercial bread products. She will be using common temperature settings throughout the experiment to mimic what is found not only in most households, but also in many commercial food establishments.