brands * Substitutes If a substitute can satisfy the needs of the customer‚ attractive pricing * Industry competitors and rivalry Price‚ quality of goods‚ customer service all that can be used by companies to push out a rival company. 5. Explain how industries attractiveness can be determined using a five forces analysis. Applying the Porter’s analysis identifies the major forces in the organisation‚ which gives stability to industries this will lead to attractiveness and yet “industry
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2.Employees consistently rank oral and written communication at the top of the list of skills they seek in job candidates‚even ahead of honesty‚integrity‚and computer skills.Why are communication skills so important to employers? Communication promotes motivation by informing and clarifying to the employees about the tasks to be done‚the manner they are performing thetask‚and how to improve performance if it is not up to the mark. Communication is a source of information to the organizational members
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questions: 1. Where do we compete? 2. How do we compete? 3. How will we implement it? Analyse the external (Porters 5 Forces‚ PESTEL) and internal environments ( Analyse the sustainability of the organisations current competitive advantage: diversification‚ differentiation Analyse the method of pursuing the strategy: organic growth‚ acquisition‚ strategic alliance How competitive advantage could be developed and sustained. Evaluate the current strategy and future options
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network with 91 branches. Among that branch‚ Honda Vietnam has played a key part of the success of global Honda. Honda Vietnam is established in 1996 with initial capital of $ 31.2 million‚ they are a joint venture between Honda Motor Company of Japan (42%)‚ Asian Honda Motor Company of Thailand (28%) and movers and Agricultural Machinery Corporation of Vietnam(30%). Through many years of operation‚ Honda vietnam has developed and become a leading motorcycle manufacturer in Vietnam with 2 motorcyle
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the efficiency and business growth‚ Ralph Lauren Corp has established a network of distribution center for inspection‚ sorting‚ packing and shipment to retail customers. This distribution network is not only responsible for full price retail store but also factory store and Club Monaco which was acquired by Ralph Lauren in 1999. The company also utilized the technology such as bar code to improve the accuracy and efficiency of inventory management and controls and automated replenishment system‚ Logility
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Then the people of the church moved into the belief of Divine Right. This is where you are “chosen” by God to be his representative. Then Absolute Monarchies came along which is Absolute Power but the Divine Right theory is involved. How did they become so powerful? They increased
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weaknesses • A marketing tool of why the potential employer should employ you Main Components of a Resume 1. 2. 3. 4. 5. 6. 7. 8. Career objective Qualifications Education Work Experience Co-Curricular Activities (optional) Skills/ Special Knowledge/ Language Awards/Achievements References 1. Career Objective • What do you want to do? This should be a sentence or two about your employment goals. A customised objective that describes why you are the perfect candidate
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discussed strategic? At what level in the organization was the key decision made? The article Tesla Speeds Past Texas Red Tape to Park Its Battery Plant in Nevada from BusinessWeek website shows the main decision determined to build its giant battery factory in Nevada. Of course it’s a strategic decision based on production requirements. Upper-level managers or directors of board probably make the decision. 3. After graduation‚ you are not likely to move directly to a top-level management position
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substitute product’s price is lower than the industry product’s price. c) The quality of the substitute product is lower than the quality of the industry’s product. d) The substitute product stimulates new process innovations within the industry. 5. All of the following are forces that create high rivalry within an industry EXCEPT a) Numerous or equally balanced competitors. b) High fixed costs. c) Fast industry growth. d) High storage costs. 6. Which of the following is NOT a factor affecting
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Workforce Management in Corporations [Name of the Writer] [Name of the Institute] Workforce Management in Corporations Introduction The corporations are sum of three elements which are resources‚ corporation structure and the employees. Basically‚ the employees are the most important factor in running the operations smoothly because these are the employees who used to design‚ implement and follow the corporation’s structure. Moreover‚ the employees undertake certain operation which
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