1. Specify the nature‚ structure‚ types of products or service of your chosen organization‚ and two (2) key factors in the organization’s external environment that can affect its success. Provide explanation to support the rationale. De Beers Diamond Company is an industry that currently produces $13 billion worth of rough diamonds each year‚ leading to the employment of 10 million people globally from mining to retailing. 70% of rough diamonds are sold for industrial purposes with the remaining
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1888‚ De Beers followed a strategy of supply control. In addition to mining its own diamonds‚ it bought diamonds from other producers and had what it called the "central selling organization‚" controlling some 90% of the world’s diamonds. Its tight control over such a vast amount of supply enabled De Beers to keep prices high for a commodity that is neither particularly scarce nor useful. If a competitor offered diamonds on the market outside of De Beers’ central selling organization‚ De Beers would
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Although‚ diamond is surely a luxury good‚ De Beers has tried to inject necessity into it. From this idea‚ De Beers has implemented the tradition that diamond is needed for any couple. De Beers has being convinced every woman that she should receive a diamond ring from her fiancé and convincing each groom-to-be to pay "two-months salary" for that ring to show how much his love is worth. De Beers has actively promoted diamonds as being symbolic of eternity and love‚ and therefore the ideal jewel for
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Locked In: An Analysis of the Environment in “The Cage” The wire of the fence bounds the man within its clutches. Escape seems to be in sight‚ but is lost when he seems to have reached it. “The Cage” by Heinrich Boll is a short story about a man who is closed in by the boundaries of metal wire as a prisoner‚ looking for relief. The man ends up getting a miserable fate. In Heinrich Boll’s “The Cage‚” the author signifies how a person can change due to miserable environmental conditions and loss
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The CAGE Distance Framework and Its Importance for Foreign Direct Investment Tereza Dvořáková‚ V00837032 Due date: November 20‚ 2014 For: Erik Schindler Course: Business English and Communication (COM 206b) Executive Summary When expanding to a foreign country‚ the company needs to analyze the business environment in the foreign country. One of the best tools‚ how to recognize differences between domestic and foreign country is the CAGE distance framework. In the report‚ I firstly define
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1. Climate Change and the Philippines Recent scientific studies reveal that human activities have contributed significantly to the increase of greenhouse gases in the atmosphere that causes climate change. The Philippines is a hotspot for climate change disasters particularly the risk for agriculture and food security due to extreme El Nino and severe tropical cyclones. The spread of infectious diseases are influenced by fluctuations in climate variables‚ temperature‚ relative humidity and
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De Beers Case Study This case study of De Beers outlines the company’s evolution from its formation in the mid-1800s to year 2000. In these 200 years span of time‚ De Beers was the leader in the mining of diamonds and their leadership contributed to what the industry is today. As the leader in the industry‚ De Beers had large stakes in mining fields in South Africa. Their dominance in the country also meant being socially responsible. At the onset‚ this was difficult to validate because
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ESSAY Birds and Cages The world is a big place and there are thousands of creatures in it. Although we believe in freedom‚ we rarely give it to the animals that share all the beauty around us. I personally believe that birds are one of the incarcerated living beings and shouldn’t be left in cages‚ but set free to enjoy the space God planned for them. There are many different types of birds‚ with outrageous colors‚ sizes and environments. They all share wings that let them fly‚ allowing them to feel
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The performance art piece of a Couple in the Cage is of two people living in a cage pretending to be Amerindians for the audiences that come to see them. The artists Coco Fusco and Guillermo Gomez-Pena. Underneath the performance that the artists put on is a satire of institutional racism that took place in the past while also calling to attention the fact that it is still somewhat present today. The audience of the performance contained a mix of reactions between some believing that the performance
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A Cage of ButterfliesA Cage of Butterflies introduces the controversial idea that there is potential for the misuse of scientific knowledge and practice by unscrupulous people. Brian Caswell has written this fictional book to make people aware of this problem in our society. The theme of the book can be seen from the different perspectives of the characters; the babies‚ the think tank group‚ Susan and Eric and the scientists. Caswell points out that some people place such things as fame and money
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