the source when you applied the number (e.g.‚ 25% of the market presence) to support your analysis. 4. Threat of substitutes: Generic brands are more likely to be considered as “competitive” products. Yes‚ CAM and alternative medicine are substitutes. However‚ there are many ways to prevent sickness (e.g.‚ a healthy lifestyle). I think there is no “perfect” substitute to treat disease and sickness in most cases. 5. A good discussion on how the five competitive forces affect profitability of
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Porter five forces Prepared by Dean Content 1. Introduction 2. Explanation of the Porter Model 3. Porters five forces Automobile industry 4. Conclusion and weaknesses 1. Introduction Audi History It all began with August Horch‚ one of Germany’s pioneering personalities automobile engineers. He set up business on his own in 1899‚ establishing Horch & Cie. Motorwagen Werke in Cologne on November 14 of that year. August Horch left the company in 1909 and immediately
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Introduction McDonald’s is a corporation from the United States that has done a great deal of business internationally for many years‚ and is well-known globally. McDonald’s is listed at number 378 on Fortune’s Global 500 list‚ and brought in over $22 billion in revenues in 2010. Sociocultural Forces Sociocultural forces include the different aspects of understanding that exist in one culture in comparison to another. These aspects include aesthetics‚ religion‚ language‚ education‚ etc. It
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PORTER’S FIVE FORCES 4 Power of Suppliers Criteria Level Effect on Power Effect on Profit Difference of Inputs High Increases Decreases Cost of Switching Suppliers High Increases Decreases Threat of Forward Integration High Increases Decreases Supplier Concentration High Increases Decreases Difference of Inputs Product differentiation within inputs in the tech industry is largely dependent on how recently the input has been developed (the extent of which it is considered
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Six Forces Porter’s forces analysis is a framework for industry analysis and business strategy development that draws upon industrial organization economics to determine the competitive intensity and overall industry profitability. These forces are 1) potential entry of new competitors‚ 2) bargaining power of suppliers‚ 3) bargaining power of buyers‚ 4) substitute products‚ 5) rivalry among competing sellers in an industry‚ and 6) power of stakeholders. A change in any of the forces normally
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Five Forces Model (Highly Negative. Range from 1-5) Rivalry (3) 1. How many companies in industry? As Nike is an international company that has their product selling worldwide‚ they have countless of competitors‚ including many domestic local firm. However‚ not all of these companies have the power to compete with Nike‚ only a few international companies are Nike¡¦s major competitors‚ for instance‚ Adidas and Reebok. 2. How do they compete each other in term of 4P marketing strategy Product:
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It is rather a reflective exercise in which you step outside of yourself and employ sociological concepts to interpret your experiences. . . . it uses the concepts of the discipline to interpret our life in its social context. (p. 287) “The socioautobiography follows the tradition of C. Wright Mills‚ a sociologist who emphasized the influence of society on the individual. He argued that personal troubles are typically rooted in larger social forces—that is public issues.” (p. 287)
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I think I deserve marketing because I possess what it takes to be a marketer. I am agile‚ dynamic‚ a good motivator‚ problem solver. I also perform well under pressure. I am loyal‚ eager to learn and honest. I like talking and selling. These are things I love to do and would not be bored or uninterested ever. I like challenges because I believe “Smooth seas cannot make skilful Sailors”‚ and I am ready to do what it takes to face the challenge. I am a quick learner and a keen observer too. I believe
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Do you think religion has a place in the 21st Century Britain? In the following essay I will be discussing my opinion on whether or not religion has a place in 21st Century Britain. As Britain starts to modernise throughout the 21st Century‚ in some areas of society religion has become out dated for example‚ the ways of marriage and relationships or the way in which certain situations can be justified‚ I will be expanding on these and other situations on which religion effects society in 21st
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addition‚ it had reliable soil which would enable Europe to produce cash crops. European nations began to pour into Africa‚ called the Scramble for Africa. Soon‚ Europe took control of Africa‚ taking raw materials and destroyed African culture. Imperialism is the one to blame for exploitation of people and materials‚ the destruction of traditional culture‚ and unnaturally dividing up the land which causes a bunch of problems down the road. There is no doubt that imperialism has negatively affected the world
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