A SUMMER TRAINING REPORT IN HDFC Standard Life Insurance Company Ltd ON customer-buying behavior with a focus on market segmentation Submitted in partial fulfillment of requirement of MASTER of Business Administration (MBA) University Of Madras‚ Chennai SUBMITTED BY: M.VIJAYA RAGHAVAN ENROLLMENT NO: 33230791 Session: 2007 – 2009 CONTENTS Pages ACKNOWLEDGEMENT
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Essex County College Porter’s Five Modules Porter’s Five Forces is a groundwork for industry analysis and business strategy development which was invented by Michael Porter in 1979. Three of Porter’s five forces relates to competition from external sources. The remaining two are internal threats. These five forces include three forces from horizontal competition such as the threat of substitute products or services
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try to accommodate for as many consumers as possible‚ focusing on the range of their products/services. Warner Brothers being a subsidiary of Time warne‚r really emphasises the fact of facilitating for arguable all customer types. Online social media site Facebook‚ suggests Time Warner’s main customer type is between the ages of 25-34. Facebook.com (2012) Porter’s Typology When facilitating for customers groups Time warner has primarily a ‘Narrow approach’ Porter suggest companies with a narrow
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Porter 5 forces analysis The current UK market is still in recession‚ unemployment is high and consumer confidence is fragile as a result people are not spending as much at the checkouts. As a result‚ consumer spending has slowed down in the face of higher inflation and the job market uncertainty. With M&S renowned for selling higher quality items which by their nature are more expensive‚ they run the risk of consumers seeking cheaper alternatives. Threat of entry The recession has reduced the
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Peter the Apostle Peter the apostle was born BC 15 or so. Peter the apostle has been said to look like a very weak man. He was medium height‚ more so tall‚ and had very pale skin. Also‚ it has been said that Peter had a short‚ thick‚ curled beard‚ and very thin eyebrows‚ if not‚ no eyebrows at all. Another character trait of the Peter the apostle is that his eyes were almost all black‚ but had red marks due to weeping frequently. Peter the apostle‚ the most prominent of Jesus’ twelve disciples
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Porter Five Forces Analysis One of the most effective ways to measure the level of attractiveness of medical device industry is Porter Five Forces Analysis. According to porter (2008)‚ there are five forces that influence the level of profitability of any industry; therefore‚ companies must obtain sustainable competitive advantage in order to survive. These forces are rivalry‚ threat of substitutes‚ threats of new entrants‚ supplier power‚ and buyer power. (Porter‚ para 3) Rivalry The medical
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PORTERS 5 FORCES. DEFINITION OF ’PORTER’S 5 FORCES’ Named after Michael E. Porter‚ this model identifies and analyzes 5 competitive forces that shape every industry‚ and helps determine an industry’s weaknesses and strengths. 1. Competition in the industry 2. Potential of new entrants into industry 3. Power of suppliers 4. Power of customers 5. Threat of substitute products The Porter’s Five Forces tool is a simple but powerful tool for understanding where power lies in a business situation. This
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1.0 Introduction In a dynamic business environment‚ companies enter industries whenever they see growth or profit potential or exit when they see a decline. As such‚ companies have to consistently practice an internal and external check or analysis on the company to see where they stand in the industry they operate in. The Boston-Consulting Group’s Growth model‚ among all other models provides one of the best guides to analyzing a company’s marketing performance and its potentials.
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CGE25101 Globalization and Business Tutorial 12 Discussion Question: The Porter’s Diamond Michael Porter put forth a theory in 1990 to explain why some countries are leaders in the production of certain products. His work incorporates certain elements of previous international trade theories but also makes some important new discoveries. He identifies four elements present to varying degrees in every nation that form the basis of national competitiveness. Analyze the current situation of Japan
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I. Operational Effectiveness Is Not Strategy According to Porter‚ various management tools like total quality management‚ benchmarking‚ time-based competition‚ outsourcing‚ partnering‚ reengineering‚ that are used today‚ do enhance and dramatically improve the operational effectiveness of a company but fail to provide the company with sustainable profitability. Thus‚ the root cause of the problem seems to be failure of management to distinguish between operational effectiveness and strategy: Management
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