THE DYNAMIC DIAMOND INDUSTRY: IS IT FEASIBLE FOR ITS PLAYERS TO GAIN SUSTAINABLE COMPETITIVE ADVANTAGE? Nkiruka Chidia Maduekwe ABSTRACT: This report seeks to analyse the diamond industry from a global point of view. The diamond industry is global in nature. Its supply chain pipeline moves from one country to the other‚ thus making it impossible to analyse the industry from a regional or local angle‚ as so doing will fail to give the true picture. As an industry whose product derives its value
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Strategic Management: Dell Value Chain Activities Analysis INTRODUCTION According to Porter the value chain is defined as the complete flow of products from the suppliers to the customers and management of the information flow in a way that maximizes the consumer satisfaction with the increase in the profit margins of the company.(ivythesis‚2009) Dell’s value chain is one of a kind‚ they outsource all there components across the world and then assemble and sells it directly to the customers. Dell
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When something is added to the environment which is very harmful‚ poisonous or fatal to the animal‚ people surrounding it and other living things is called as pollution. In simple term pollution is a contamination by a chemical or other pollutant that renders part of the environment unfit for intended or desired use. It is triggered by industrial and commercial waste‚ agriculture practices‚ day to day human activities and most notably‚ modes of transportation and many the other sources. Pollution
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to enter the market. Scope of competitive rivalry: Most companies in this industry compete at local geographic area since there is less cost associated with setting up the labs in local areas and hence it is easy for local players to enter in the market. Moreover‚ routine market comprises of 61% of the total market share which includes large number of small players and hence the competition is fierce at local level. Also‚ companies present globally have competitive advantage in terms of high end
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This was the opinion of the two small children‚ Knud and Johanne‚ who were playing there‚ crawling under the gooseberry bushes to reach each other. In one of the gardens there stood an elder tree‚ in the other an old willow‚ and under the latter the children were especially fond of playing. Although the tree stood close beside the stream and they might easily have fallen into the water‚ they were allowed to play there‚ for the eye of God watches over little ones. Otherwise they would be very badly
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Strength is basically what a company or a firm is good at or does better in order to be more efficient. And it might not necessarily be a competitive advantage but it becomes a basis to develop sustainable competitive advantages. Firms can assess which strengths have potential to be sustainable competitive advantage. A competitive advantage is what enables a business organization to thrive and to offer a superior service over and above its competitors. It is the objective of strategy and it is also
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Executive Summary 2.0 Background and Introduction 3.0 External Analysis 3.1 Macro Environmental analysis 3.1.1 Political and Legal Factors 3.1.2 Economic Factors 3.1.3 Social Factors 3.1.4 Technological Factors 3.1.5 Environmental Factors 3.2 Micro Environmental Analysis 3.2.1 Industry Analysis 3.2.2 Market Analysis 3.2.3 Competitor Analysis 3.2.4 Customer Analysis 3.2.5 Stakeholder Analysis 4.0 Internal Analysis 4.1 Resource Analysis 4.2 Marketing Audit 4.2.1 Marketing Strategies Audit 4.2.2 Marketing
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its history. Use the Brand Royalty’ article to help you on this. Competitive advantage is when a firm sustains profits that exceed the average for its industry‚ the firm is said to possess a competitive advantage over its rivals. The goal of much of business strategy is to achieve a sustainable competitive advantage. There are two main types of competitive advantage. Cost advantage and differentiation advantage. A competitive advantage exists when the firm is able to deliver the same benefits
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A POISON TREE William Blake 1I was angry with my friend; I told my wrath‚ my wrath did end. I was angry with my foe: I told it not‚ my wrath did grow. 2And I watered it in fears‚ Night and morning with my tears: And I sunned it with smiles‚ And with soft deceitful wiles. 3And it grew both day and night. Till it bore an apple bright. And my foe beheld it shine. And he knew that it was mine. 4And into my garden stole‚ When the night had veiled the pole; In the morning glad I see;
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Split Cherry Tree by Jesse Stuart is a story that takes place in a time when people thought more about farming and less about education. This story addresses conflicts concerning “rich vs. Poor” as well as “educated vs. uneducated”. Dave Sexton along with five of his classmates climbs a neighbor’s cherry tree to capture a lizard while on a field trip with his high school biology class. The cherry tree is broken and the owner wants the six boys to each pay a dollar for the cost of the tree. Dave does
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