Stake for Vagelos as CEO and for Merck as a company in deciding whether to invest in Dr. Campbell’s idea Although Dr. Campbell’s idea of a drug (Ivermectin) that could cure River blindness was a path-breaking opportunity for Merck‚ the company was faced with a number of ethical‚ financial and moral issues that forced its CEO to undergo deep thought and contemplation before investing in this idea. * Feasibility: There were concerns about the use of this drug on humans and the potential adverse
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Case III: LATE MOVER ADVANTAGE? Questions 1. Why has the ‘late corner’s strategy’ of Toyota failed in China‚ though it succeeded in India? 2. Why has Toyota failed to capture the Chinese market? Why is it trailing behind its rivals? 1.ans – Toyota failed to get a strong hold in the Chinese market due to poor understanding of the market. The reasons being mainly due to high pricing of the vehicle with which it entered the market in China as Toyota followed the price skimming strategy
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To what extent is growing through integration with other businesses a good way for a firm to increase its competitiveness? Growing through integration is concerned with mergers and takeovers of businesses. There are a number of different ways of integrating: Horizontal (same industry‚ same stage of production)‚ backward vertical (same industry towards a supplier)‚ forward vertical (same industry towards the customer) and Conglomerate (different industries). Growing through integration can have
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Gillette Indonesia Case Analysis Gillette - SWOT Analysis #Strength High Quality Brand Local manufacturing 50% Market share already Gillette name means Shaving in Indonesia First Mover advantage #Weakness Employee ( Manager) retainability Poor distribution in remote villages #Opportunity 160 million population with 30% living in cities Political environment stability Increasing income Western influence in Shaving Increasing work opportunities Potential to increase
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1. What factors determine demand for toothbrushes? How can demand be increased? Factors determining demand for toothbrushes are: Amount of disposable income/income. Oral hygiene awareness. (c) Accessibility to quality toothbrushes- Distribution. (d) Frequency of brushing the teeth. (e) Competitor’sproducts (toothbrush in thiscase). (f)Advertisements‚ Promotional expenditure. Few of the above factors are influenced by economical and social environment. Factor (a) is economical innature
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article disagrees with the notion that being the first mover is the most advantageous. Using statistics they prove that being the first mover is not always the best way to enter a market. Boulding and Christen believe that followers have many advantages over early movers. Followers can learn from the mistakes of early movers and avoid adaptations necessary to perfect a product. The risk of producing a product that has been widely accepted is much less than spending money to introduce something
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like this guilt-free gourmet pizza. Incremental investment for pizza substantially less than for pasta 6) Product development process Pizza Vs Pasta The company uses a formal four-step process: Idea Generation: Done in 2004 for pasta to take advantage of the growing demand for quick home meal replacements Vs done soon after for pizza as a line extension. Concept screening: For pasta: no presence of formal surveys but more an intrinsic conviction that the product was going to be a success Vs
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Purpose This report will suggest why Timex Group should pursue the development of an activity/sleep-tracking wristband along with a supporting app. It provides an analysis of the technological and behavioral changes that motivated the initial capital investment in the creation of self-tracking gadgets. The report also examines existing devices and their key features‚ potential growth of the market and a study indicating an ideal location for test of the product. We‚ at Sage‚ know that the
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TomTom’s strategy targeted customer who were early adopters‚ but now navigation industry went from embryonic to growth industry‚ and since its current customers are early majority‚ simplicity and ease alone could not longer provide it with competitive advantage. (Traditionally high quality and ease of use of solutions have been of utmost importance to TomTom) Has 1‚006 million Euros in debt due to acquisition of TeleAtlas. Cost reductions: redction of staff‚ which is core capability for technology company
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in the UK specifically‚ when Tesco developed different formats for shopping (convenience‚ metro‚ express‚ superstores). It has been the best retailer for format delivery and obtaining some of the best retail positions. It gained a first mover advantage when it launched Tesco.com‚ which is one of the biggest and most successful online retailers. This part of the business continues to grow market share and has provided a channel to sell non-food items and other areas of the business including finance
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