The metaphor of red and blue oceans describes the market universe. Red Oceans are all the industries in existence today—the known market space. In the red oceans‚ industry boundaries are defined and accepted‚ and the competitive rules of the game are known. Here companies try to outperform their rivals to grab a greater share of product or service demand. As the market space gets crowded‚ prospects for profits and growth are reduced. Products become commodities or niche‚ and cutthroat competition
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restaurant business‚ and for good reason--the numbers are daunting. According to the most recent figures‚ 60% of restaurants fail within their first three years of operation. And‚ other statistics indicate that the figure may be as high as 90%*. Those are unsettling odds by any standard‚ but are they just odds? Is the success or failure of a restaurant just a matter of pure chance and luck or is there some skill involved? The answers might surprise him. Through extensive market research and
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Hotel/Motel Market Analysis Developing a business plan for an existing business or conducting a feasibility study for a new venture requires a thorough analysis of market conditions. Market conditions in your area have a significant impact on the profitability of your hotel or motel. The strength of the local lodging market affects how many rooms you can sell and the rates that you can charge. This guidebook will help you analyze your market so that you can gauge the potential of your operation
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this Assessment document has 9 pages and is made up of 9 Sections. Name: Caroline Banana Section 1 – Understand how to make and receive telephone calls 1. Complete the table below with descriptions of at least two different features of a telephone system and how / when they would be used. |Feature |How / when used | |1.
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Luis Munoz September 27‚ 2010 I was born in Chicago‚ IL on December 26‚ 1992. I have lived in Cicero for almost all of my seventeen years‚ and I have attended public schools since kindergarten. I enjoy listening and playing music‚ mostly Christian rock and worship music. Some of my favorite bands are Hillsong United‚ David Crowder Band‚ Newsboys‚ and Steven Curtis Chapman. This past week I was able to go to the All-State Arena to see David Crowder and Steven Curtis Chapman live in concert
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Describe how external factors are impacting on 2 organisations and their stakeholders. 1st organisation: Tesco FACTORS (add description) | Impact on business activities | Impact on Stakeholders | Political 1:Membership of international trading communities’ e.g. European Union.The economic association of over two dozen European countries which seek to create a unified‚ barrier-free market for products and services throughout the continent‚ | This would affect Tesco on their business
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economy as a whole. In contrast‚ Microeconomics is a part of economics studying the behavior of individual households and firms in making decisions on the allocation of limited resources‚ how these decisions and behaviors affect the supply and demand of goods and services‚ which determines prices‚ and how prices‚ in turn‚ determine the quantity supplied and quantity demanded of goods and services. d) GDP and GNI GDP (Gross
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http://www.bplans.com/samples/sba.cfm or www.bplans.com to look at free sample business plans and complete the following: 1. Read through any three business plans that seem intriguing or interesting to you. List them below: a) Property Management- Development / Real Estate Brokerage b) Funeral Services c) Diamonds Gems and Precious Stones 2. Describe three overall reactions or observations that you had to the business plans that you examined. (e.g.‚ What surprised you? What confused you? What patterns
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A Good Manager And A Bad Manger In this world‚ there are good and bad managers. What’s more‚ since people started working‚ they have been complaining. For example‚ many people disagree about managers. Whereas some people will see a manager as good‚ others will not. There are two managers this essay will mention‚ but their names have been changed to protect their identities. Mike and Jake have different personalities. Mike is a good manager‚ but Jake is not. For this‚ people get to disagree
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Why Math is important within Culinary arts Math is used for many things‚ but for me I will be using it in field of culinary arts. When many people think of math they automatically think of algebra or geometry‚ math is those things plus much more. Fractions‚ Measurements and weights are the kind of math that i will be using most in cooking. Classical cooking technique‚ baking and catering are all greatly effected by basic math fundamentals. I have to use exact measurements when making a beurre
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