3. Porter’s Five Forces on Woolworths Porter’s five forces analysis was formed by Michael E. Porter in 1979 and this framework has had immense influence on industry analysis and strategy development (Davenport and Prusak‚ 2003). These five forces determine the competitiveness of the company and the attractiveness of the market‚ as a result‚ a well understanding of five forces may help a company get to know more about its industrial structure and find out a proper position with both high profitability
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As you know nowadays almost every home‚ office or school has a computer or even a few of these devices. Anyway‚ these modern technologies without which lots of people cannot imagine their lives have some advantages as well as disadvantages. To begin with‚ I would like to comment on the advantages. So firstly‚ computer gives you the opportunity to access a lot of information about everything not to mention the fact that you can store large amounts of information on the computer in a database. One
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PORTER’S FIVE FORCES. BUYER’S POWER: - Nokia had been edged out by rivals in the smartphone market who launched new and better products which resulted to Customers shifting to android phones which resulted to Nokia reducing their selling price in order to increase the rate of sales but they lost in the rate of profitability and consumer loyalty. The customer power is high; nokia is focusing on the smartphone segment because it has the biggest margin in the industry‚ the consumers are increasing despite
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view. Disadvantages of academic resources are the information could be outdated‚ certain areas maybe too brief‚ certain words may be too complicated or hard to understand. The advantages of government websites/reports are that it is information centred on a particular borough can be easily isolated‚ it is easily accessible‚ and it is fairly reliable as it is government information‚ contains current and past information so possible to compare rates and declines in certain areas. Disadvantages are they
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advantages and disadvantages of normalization. The process of normalization brings about organization to the database that it is applied to. Normalization makes everyone’s job easier due to the fact that it gets rid of as much useless data as possible. Repeated data is processed and simplified into single data. Repeated data‚ for example such as having someone named JOHN DOE in one table and the same person’s name JOHNNY M. DOE in another table. Modifying a table with as little data as possible
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disabilities‚ and people of any age who have permanent kidney failure. It would seem as if Medicare would be one of the best programs afford to any citizen within the U.S‚ yet this program comes with same number of disadvantages and advantages. For instance‚ one of the disadvantage Medicare has is the variety of plans that the consumer must choose from. Due to the huge amount of options being provided‚ the consumer may be left confused and over whelmed. To continue‚ any consumer being helped
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viable despite the changing external environment. Although competition and rivalry amongst budget airlines is high‚ and it is difficult to differentiate from other providers due to the nature of the industry and product‚ it still has a first mover advantage which makes cost-leadership remain viable. They must remember that a cost leadership strategy can be maintained by be being efficient in all aspects of business and not just getting low prices from suppliers. Since Air Asia has already invested in
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Advantages and Disadvantages of Internet The Internet is undoubtedly the most crucial technology of the modern world‚ the useful application has not only made our lives easier than ever before but it also plays a very important role in future developments. Everyone knows that the internet has global advantages. With the introduction of the internet global communication has become a matter of just a click of the mouse. The internet has brought about various different‚ innovative communication means
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movement had originally started in the 1980 ’s when managers were encouraged to give their workers more involvement in work-related decisions but has now grown into its own controversial topic as 31% of companies define themselves as empowered. Advantages Many companies believe that being in an empowered company will motivate the worker. They believe this because it gives the job content. Researchers have shown that at the individual level and the team level that giving the workers power over themselves
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The advantages are limitless. Speedy access to information of any kind‚ relationships with other people around the world‚ and entertainment are all provided by the internet. Likewise‚ the disadvantages are just as large. Jerks (trolls) on the internet bully‚ viruses infect your computer and using the internet takes up valuable time. You decide how you want to use it. ADVANTAGES Communication: The foremost target of internet has always been the communication. And internet has excelled beyond
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