COMPETITIVE ADVANTAGE 1) The petrochemical industry produces goods that are largely undifferentiated. To be profitable‚ PCG need to be the lowest cost producer. Raw materials form the majority of PCG cost of revenue. PCG competitive advantage is‚ it has access to very low cost natural gas compared to its competitor‚ which in turn‚ means a higher gross profit margin. 2) PCG is backed by PETRONAS group‚ which also owns other 4 PLC units: i) MISC Bhd ii) Petronas Dagangan Bhd iii) Petronas
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learn more than one in a society where communication is key. Bilingual education would provide an overall growth of all students enrolled in the program as well as providing many generations to come with exposure to cultural diversity. Of the many advantages of bilingualism‚ much is within culture‚ business and cognitive benefits. The language of one country is different from the other country and it tells the features of the country which distinguish it from one company to another. Languages shape
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A random document By looking deeply in any three of these media we could find many advantages as well as disadvantages.Firstly television has got a versatile Misleading messages may again divert young minds towards a wrong path. Wrong interpretation of news may even blow things out of proportion. This would create further unrest in any place or even violence in case of extreme situations. The children may learn violence by seeing movies and TV programs. They try to act as super heroes they
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The Advantages of Smartphones Long time ago‚ people had to write a letter to communicate with each other and they sent it by pigeon post or messenger. Some of people wanted to make it easier. Therefore‚ they made some inventions such as telegraph‚ radio‚ telephone‚ and the newest is mobile phone. Now‚ Mobile phone has become an important thing for people. In fact‚ some of them consider that mobile phone is a part of their life because it supports their daily activities. They need it to keep connecting
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//~‘L~ FIRST-MOVER ADVANTAGES Marvin B. Lieberman David B. Montgomery’ October 1987 Research Paper No. 969 1The authors are‚ respectively‚ Assistant Professor of Business Policy‚ and Robert A. Magowan Professor of Marketing‚ at the Stanford Business School. We thank Piet Vanden Abeele‚ Rajiv Lal‚ Mark Satterthwaite and Birger Wernerfelt for helpfiul discussions on earlier drafts. The Strategic Management Program at Stanford Business School provided financial support. / ~‘N ~ Abstract
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out of the Internet as the internet expands but it is also easily abused in many different variations because of how large the internet has grown‚ causing our society to digress in knowledge for future generations to come. The Internet has its advantages and disadvantages but overall it is a great way to share knowledge and grow upon. Many people do not even have to go out to the mall to buy a pair of Nike gym shoes anymore‚ instead‚ they can easy turn on their computer and click on there internet
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travel‚ we try to do many things to makes ourselves to reach the purposes. For my ideas‚ I really like to travel so much because traveling to many places gives us back many advantages that we have never thought of. Even though there are so many advantages that we do not know about‚ there are three outstanding. The first advantage is traveling makes us know about many geographical locations. Truly‚ we can know places when we traveling. When we know many locations‚ we do not feel fear when walking to
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Advantages of Monopoly: Monopolies do not always lead to increased prices‚ lower outputs and welfare losses. In fact‚ monopolies can often lead to increases in society’s welfare as large monopolists benefit from economies of scale in production and distribution. These falls in costs can often be passed on to consumers in the form of lower priced products. We will now discuss briefly some of the potential advantages of monopolistic market structures. • Lower production costs and increased welfare
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The Advantages of Computer Technology in Second Language Accession Inspired by the rapid development of technology from the 1980s‚ computer has now become an influential component of second language learning pedagogy. Educators recognize that utilizing computer technology and its attached language learning programs can be convenient to create both independent and collaborative learning environments and provide students with language experiences as they move through the various stages of second language
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Competitive advantage and strategies are important for companies to understand and utilize. Competitive advantage allows a company to stay ahead of its competition. Strategy on the other hand allows a company to have a plan for success. According to the article “Winning strategy for business‚ Response books”‚ “Strategy comes to be defined in every company with two independent and simultaneous processes” (Gorapaj‚ 2010‚ p.334). In order for Napster to see success and longevity in the online music
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