Porter Five Forces – Degree of Competition The UK banking industry is made up of three distinct types of competition which include the following (OFT‚ 2010): · Retail banks - Accept deposits and use these funds to make loans as well as offering other financial products to consumers and firms. Lloyds Banking Group‚ Virgin Money‚ Metro Bank‚ · Universal banks which not only offer retail banking services but also offer wholesale and investment banking services. For example: Barclays‚ HSBC
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Porter analysis of Zara Zara fashion chain‚ with 546 stores in 30 countries today from which 340 are outside Spain- and 2914‚3 millions of total sales in 2002‚ is undoubtedly the group’s locomotive (Inditex‚ 2003). In 2002 it represented 33% of the group’s total stores‚ accounted for 72% of the group’s total sales and contributed to the holding’s total profits for 540.4 millions (Inditex FY2002 Results Presentation‚ 2003). Moreover‚ Zara with 75-90 new stores within 2003 takes the lion’s share
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PORTER’S FIVE FORCES 4 Power of Suppliers Criteria Level Effect on Power Effect on Profit Difference of Inputs High Increases Decreases Cost of Switching Suppliers High Increases Decreases Threat of Forward Integration High Increases Decreases Supplier Concentration High Increases Decreases Difference of Inputs Product differentiation within inputs in the tech industry is largely dependent on how recently the input has been developed (the extent of which it is considered
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Brazil is rich in culture‚ especially regarding religion‚ music‚ and dancing. For religion‚ Candomblé is very popular in the country and the orixas are a central aspect. The orixas are used in Candomblé by giving Brazilians a god that they can . Although there are several orixa‚ two examples include . Iemanja is one of the names used in Brazil for the orixa god of the sea‚ but there are many other names used for the same god. For example‚ in Cuba‚ the god is known as Yemaya. The day of the week
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Diamond in the Data Mine by Gary Loveman The approach that Loveman used was highly effective outlining the importance of providing an exceptional customer service in today’s service industry through deep data mining. This article discussed 2 main points: * How Harrah’s Entertainment used information technologies to gather data about its customers and market effectively to them‚ in turn increasing their revenues in a competitive market.
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Brazil’s Gol Linhas Aereas Inteligentes (Smart Airlines) GOL Linhas Aéreas Inteligentes (Smart Airlines) Established: 2001 Headquarters: Sao Paulo‚ Brazil Fleet: 127 airplanes‚ all 737s‚ including 737-300s and Next- Generation -700s and -800s. Customer base: Using a discount model similar to Southwest Airlines in the U.S. GOL holds about 35 to 40 percent of the domestic air travel market. Since launching operations‚ GOL has been South America’s fastest-growing airline. GOL’s initial fleet: 25
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Revision Q1) Porter`s Five Forces Strategies for overcoming the influencers. * Threat of new entrants * A way of trying to eliminate threat of new entrants would be to create economies of scale. This approach would make it harder for new entrants to reach high scale production‚ as they would have higher costs. This is what Samsung and Apple are trying to do at the moment‚ by building large economies of scale. But at the same time‚ ZTE a Chinese company‚ started selling the cheapest Android
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Review | January 2008 | hbr.org STRATEGY STRATEGY by Michael E. Porter Peter Crowther SHAPE THE FIVE COMPETITIVE FORCES THAT Editor’s Note: In 1979‚ Harvard Business Review published “How Competitive Forces Shape Strategy” by a young economist and associate professor‚ Michael E. Porter. It was his first HBR article‚ and it started a revolution in the strategy field. In subsequent decades‚ Porter has brought his signature economic rigor to the study of competitive strategy for
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Diamond Coated Machine Tooling An Empirical Research Report Timothy J. Johnson April 12th‚ 2007 ME595 – Manufacturing Tribology Oakland University Introduction Diamond is the hardest material known to man‚ in this day and age. Typically‚ diamonds have been known to demonstrate hardness values up to 12000 HV (Vickers Hardness) or approximately 100HRC. Diamond-coated Tungsten Carbide tools have demonstrated improved machining characteristics over coated tool steels commonly used today
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One of the most difficult challenges I have overcome in my life was when I began school when I first moved to the United States. Up to that point‚ all I had experienced was life in Brazil. I had no idea what a common "American" childhood was. While the other kids were brought up by shows such as "Teletubbies" and "Blue’s Clues"‚ I was brought up with "Turma da Monica" and "Chaves". While they had grown up with hopscotch and four square‚ I was used to games such as "queimadinha". All this caused me
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