competition with a smaller margin. Dell’s focus was to acquire as many new customers as possible‚ which in turn allowed them to negotiate even lower prices from their component suppliers‚ and through economies of scale‚ reduce costs even further. This strategy was extremely successful‚ shown in Figure 1 Dell sales numbers and income rapidly increased through most of the 1990’s. Figure 1 http://finance.yahoo.com/echarts?s=DELL+Interactive#chart5:symbol=dell;range=19880901‚19991201;indicator=volume;chartt
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Note [Online]. Available at student.kingston.ac.uk/C2/E-Resources/default.aspx Accessed on 10/11/09. Kumar‚ N. (2006)‚ Strategies to fight low-cost rivals‚ “Harvard Business Review”‚ Volume 84(12)‚ pp. 104-111. EBSCOhost [Online] Available at : http://web.ebscohost.com/ehost/pdf?vid=2&hid=6&sid=e913bce9-341a-4a26-8bcc-34b4d765b944%40sessionmgr14 Porter‚ M (1980)‚ Competitive Strategy: techniques for analyzing industries and competitors. New York: Free Press Porter‚ M (1998)‚ The competitive advantage
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15% of the total global market‚ thereby creating medium concentration. In addition‚ cost conditions‚ excess capacity and exit barriers‚ and product differentiation were also medium. Although there was high diversity among competitors‚ Swatch’s strategy of differentiation‚ complemented with the other industry factors‚ allowed them to enter the industry and profit. Although there were barriers to entry and a high threat of substitute products‚ Swatch was able to forgo the barriers and create a
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MBA (2010) “SWOT Analysis” Available at: http://www.netmba.com/strategy/swot/ (Accessed: 7 December 2010) 6. Quick MBA (2010) “SWOT Analysis” Available at: http://www.quickmba.com/strategy/swot/ (Accessed: 7 December 2010) 7. Quick MBA (2010) “Porter’s Five Forces” Available at: http://www.quickmba.com/strategy/porter.shtml (Accessed: 4 December 2010) 8. Quick MBA (2010) “PEST Analysis” Available at: http://www.quickmba.com/strategy/pest/ (Accessed: 20 December 2010) 9. Time Warner (2010) “Political
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assets of Williams & Sons‚ Inc a Seattle Jeweller including a website established by that business. In June 1999‚ they changed their name to Internet Diamonds‚ Inc. In November 1999 the Blue Nile brand was launched and changed to Blue Nile‚ Inc with corporate head office located in Seattle‚ Washington USA. Blue Nile.com (2008) The Blue Nile “business has grown considerably where for the 2007 fiscal year they reported revenue of $319 million (USD)‚ an increase of 23.8% compared to 2006 fiscal year result
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important to the success of Berkshire Hathaway because Buffet’s five principles were the set of responses and patterns that Berkshire used to obtain their success. Buffet’s investment strategy‚ which consisted of five principles‚ can easily be observed throughout Berkshire Hathaway’s decision-making process. Buffet’s ability to evaluate a business while ignoring trends‚ making niche investments‚ and requiring key managers to be substantial stakeholders is the criteria that Berkshire Hathaway uses in their
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BANKING ACADEMY OF VIETNAM BTEC HND IN BUSINESS (ACCOUNTING) ASSIGNMENT COVER SHEET NAME OF STUDENT Hoang Nang Le Minh REGISTRATION NO. F06 - 090 UNIT TITLE Unit 3: Organisations and Behaviour ASSIGNMENT TITLE Berkshire Hathaway ASSIGNMENT NO 1 of 2 NAME OF ASSESSOR Ms Le Thu Hanh SUBMISSION DEADLINE I‚ ___________Minh_______________ hereby confirm that this assignment is my own work and not copied or plagiarized from any source. I have referenced the sources from
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cash flow and a very good future. Mr. Berkshire Hathaway’s business model was to buy large insurance companies that ensured a stabilized cash-float‚ but the purchase of BNSF may have seemed to differ from his usual business model‚ but the outcome was the same‚ with having a stabilized cash-float. With the oil boom and increase in agriculture‚ and industrial shipments‚ this made BNSF a perfect financial asset for Mr. Berkshire Hathaway. What does Berkshire Hathaway’s purchase of BNSF Railroad say
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Corporate Strategy and Decision Making Lecture 3: Rational and Administrative Models of Decision The rational decision model Under the rational model of decision making‚ the assumption is made that participants have agreed in advance that making a decision is the right process to follow and that the rules and language of decision making are understood by all. The rational model aims at making optimal decisions on the basis of a careful evaluation of alternative courses of action. Depending on
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Fleetwood Mac got together in 1967 in London‚ England. They became a very popular British-American rock group. Due to the fact that the band changed member so many different times the only original remaining band member is Mick Fleetwood. The group’s biggest success was achieved from 1971 to 1974. Select members of Fleetwood Mac were inducted into the Rock and Roll Hall of Fame in 1998. Overall this group sold over 100 million albums all around the globe. When the group made their debut they were
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