Jared Diamond argues that the ultimate explanation for why Europeans became a global powerhouse in the 15th and 16th centuries instead of the Chinese is because European civilization was established upon rainfalls – wheat and grain‚ which will develop anyplace‚ as long as parts of the year rains. Which this permitted farming groups‚ towns‚ villages and in the long run urban areas to rise self-rulingly‚ all over Europe. In making this argument‚ Diamond deemphasizes important political‚ cultural‚ technological
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Hanley depicts Tokugawa Japan in a way to where the average human being can relate or understand of how life was back then the pre-modern Japan. The question she is determining to find the answer to is how the Japanese living predicaments before industrialization period. She wants to know all aspects of their live and how they were carried out daily. This book covers a wide array of factor such as finances all the way to resources. Hanley states that commonly Pre-modern Japan was that of the poor with
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Main Aspects of Porter’s Five Forces Analysis The original competitive forces model‚ as proposed by Porter‚ identified five forces which would impact on an organization’s behaviour in a competitive market. These include the following: • The rivalry between existing sellers in the market. • The power exerted by the customers in the market. • The impact of the suppliers on the sellers. • The potential threat of new sellers entering the market. • The threat of substitute
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------------------------------------------------- The importance of country competitiveness BY JAIME AUGUSTO ZOBEL DE AYALA Countries‚ like companies‚ compete. Nations compete for investments‚ trade‚ trade in services‚ and tourists. This focus on national competitiveness has been increasingly reinforced by global competitiveness rankings published‚ on a regular basis‚ by a variety of institutions. These are comprehensive reports that benchmark our performance and attractiveness as a nation
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1) The Harvard case‚ Botswana: A Diamond in the Rough‚ describes the exceptional case of Botswanas sustained economic rise from near absolute poverty to a country with a 10% average annual GDP growth for more than four decades. This case shows that healthy economic gains can be achieved by a mixture of formal institutions and ad hoc substitutes for missing institutions. When Botswana gained its independence in 1966‚ the country lacked many of the institutions deemed essential for economic growth
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company understand the structure of its industry and stake out a position that is more profitable and less vulnerable to attack. 78 Harvard Business 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
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technology. Ellison and his co-founders‚ Bob Miner and Ed Oates‚ realized there was tremendous business potential in the relational database model—but they may not have realized that they would change the face of business computing forever. SWOT Analysis Oracle has a growth strategy that focuses on acquisitions of complementary companies‚ products‚ services and technologies. Over the previous 4 years‚ Oracle has significantly invested in acquiring companies like BEA Systems in 2008‚ Hyperion Solutions
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competitive analysis and formulate corporate strategy‚ planning also helps to finance‚ marketing‚ value analysis and many other aspects of daily life of a business. One interesting for corporate strategy planning approach has been proposed by Michael E. Porter who states that there are five forces that influence the long-term profitability of a market or some segment of it. Therefore‚ the corporation must assess their objectives and resources against these five forces driving industry competitions
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There is a great amount of economies of learning and scale in the oil industry for Example BP has been searching for oil since 1901. They invest a huge amount in up-to-date technologies making it difficult for new entrants to compete. His obviously requires huge capital investments in R&D as well as start-up cost‚ for example a truck just to carry the oil costs over $1‚000‚000. There is a lot of regulation in the industry especially with regards to inter-continental politics which further reduces
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CHAPTER- I Introduction INDIAN ELECTRICAL INDUSTRY PROSPECTS OF THE INDIAN ELECTRICAL INDUSTRY Like every other industrial sector in India‚ the Indian Electrical/Electronics Industry too is slowly emerging from out of its "protective cover". For far too long has Indian Industry remained shackled and consequently inward looking. Over the past fifty years there was no exposure to global players and competition‚ with the result that the Industry grew up in a sheltered environment‚ dependent
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