Unit 3 Assignment 2 A Summary of M.E. Porter and M. R. Kramer’s article “Creating Shared Value” Michael G. Castro Capella University MBA6008 – Global Economic Environment Professor Hidsell January 27‚ 2013 Creating shared value (CSV) is a powerful concept that many companies used‚ ultimately‚ being used as a strategy in developing the future market while also strengthening economies‚ the marketplace‚ communities and corporate funds. In reading this article‚ I initially thought this
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STP ANALYSYS Product: Cadbury Bournville Segmentation Cadbury has segmented the market based on following parameters: DEMOGRAPHIC: Age: Under 6 years ‚6-11 years‚ 12-19 years‚ 20-34 years‚ 35-49 years‚50-60 years‚60+ PSYCHOGRAPHIC: Socio-economic classification: A1‚A2‚B1‚B2‚C‚D‚E1‚E2 Targeting Bournville is targeting not all customers. This brand is for those who love chocolates. The brand is aiming the 20-30 yr old SEC A segment. This is a chocolate that one will indulge when they feel
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Louis Vuitton and Gucci to deliver a competitive advantage. Does the advantage come only from the brand name or there are other advantages? (5) Louis Vuitton (6) Gucci (7) The VALUE CHAIN AND THE VALUE SYSTEM were developed by Professor Michael Porter. The concept of value added can be used to develop company ’s sustainable competitive advantage. Like most of the organizations LV consists of activities that link together to develop the value of the business. The VALUE CHAIN is used for developing
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privatization and globalization leading to difference in company’s strategies. A strategy can be defined in many ways and has many different viewpoints. This article aims to explain and critically evaluate the approaches of Jay Barney and Michael E. Porter‚ two leading strategy theorists‚ in-turn explaining the basis leading to the difference. What is Strategy & Competitive Advantage? Strategy is the creation of unique and valuable position involving a different set of activities.1 A firm
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customer value‚ creating customer value‚ delivering customer value‚ capturing customer value‚ and sustaining customer value. To help a company identify the ways to create more customer value‚ Michael Porter of Harvard proposed the Value Chain as shown in the next page. As you can see in the diagram‚ Porter separates a business system into a series of value generating activities. Those activities are sequence and found to be common in a wide range of firms. There are two main groups of activities‚ including
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Case No: 1 BPO – BANE OR BOON ? Answers: 1. Which of the theories of international trade can help Indian services providers gain competitive edge over their competitors? 1. Suggested Theory to gain dynamism and competitiveness in Operation A. Developing executive leadership at three levels top team‚ the personal development of individual executives as leaders and the Chief Executive Officer (CEO) B. Success Brand Development and Brand Strategy : An effective brand strategy will
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CRITICISMS OF PORTER’S DIAMOND I. INTRODUCTION The book‚ “The Competitive Advantage of Nations”‚ shows how Michael Porter studied ten developed countries and 100 industries in order to answer questions concerning the national competitive advantage which he found to be inadequately explained by the Heckscher-Ohlin theory and the theory of comparative advantage. (Hill‚ 2009‚ p. 189). These questions include: A. “Why are some nations more successful than others in international competition?”
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Professor Michael E. Porter Institute for Strategy and Competitiveness Harvard Business School Cambridge‚ Massachusetts June 24‚ 2005 This presentation draws on Michael Porter‚ Klaus Schwab: The Global Competitiveness Report 2004-2005‚ Oxford University Press‚ 2004 and other sources. For further information on the Report and on the Institute for Strategy and Competitiveness see www.isc.hbs.edu 200506 GCR Vietnam – KC 2005.06.24.ppt 1 Copyright 2005 © Professor Michael E. Porter Topics for
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Comparing International Strategies of Nestle and Kraft Foods in Emerging Countries Research Help Flashcards « Study and create flashcards for free at Cram.com Upgrade | Hi sweetlife... Get Access to StudyMode.com - Complete Your Registration Now. StudyMode - Premium and Free Essays‚ Term Papers & Book Notes Essays Book Notes AP Notes Citation Generator More
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6.24 A. General Mills is dominant in the American yogurt industry with $1.5 billion in sales‚ and it sells a variety of brand‚ in Yoplait‚ Trix‚ Yoplait Kids‚ GO-GURT‚ Fiber one‚ Whips!‚ and YoPlus. B. Kellogg Company and General Mills product lines are not in complacent. Kellogg Company introduced new products such as Special K crackers‚ fruit crisps‚ chocolate pretzel bars. General Mills added chocolate Cheerios‚ Yoplait delights yogurt parfaits‚ Wanchai Ferry frozen foods‚ and Betty Crocker gluten-free
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