Example 12 Example Considering Location 12 Executive Summary Using both linear and multiple regression analysis on the information gather by Zagat’s Restaurant Rating in New York City and Long Island to determine and predict the value of price based on the following factors: restaurant décor‚ service‚ location and food. Multiple models will be tested to determine which independent variables have the strongest relationship with price. After analyzing multiple models and determining
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Distinctive Competencies The VRIO analysis is helpful in determining if a resource or capability leads to competitive advantage (Middleton‚ 2004). Resources/Capabilities Valuable? Rare? Costly to Imitate? Exploited by Organization Competitive Implications Strength or Weakness Key Account Management Initiative Yes Yes Yes Yes Sustained Competitive Advantage Strength and Sustainable Distinctive Competence Recruitment Process Yes Yes No No Temporary Competitive Advantage Strength and Distinctive
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The Benefits of the Cotton Gin The cotton gin was invented in 1793 by Eli Whitney to clean cotton fibers from the seeds (cotton gin). It was an invention created to reduce work and make cotton production quicker (Cotton Gin). It caused great reduction in the time it took to clean cotton. The cotton gin could drastically reduce the time it took to clean the cotton fibers. “…the cotton gin was a machine that could clean the seeds from 50 pounds of cotton in one day‚ whereas previously a laborer
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“The Travels of a T-Shirt in a Global Economy” projected not only value chain of T-Shirt but also explain us through U.S. textile industry and how globalization and free trade work. Projecting integration of product and resource across international markets‚ fundamental and important of globalization has been indicated. Tracing T-shirt value chain starting at Texas where raw material was grown‚ explains how the U.S cotton industry has been able to dominate the world’s production for a very long
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What are the possible financial outcomes if George orders 5‚000 shirts‚ 7‚500 shirts and 10‚000 shirts‚ respectively? Based on the information given in the case‚ the expected number of attendees is: E(x) = 80‚000*0.25 + 50‚000*0.5 + 20‚000*0.25 = 50‚000 people Selling price per shirt: $100/12 = $8.33 Discount price: $1.5 Scenario 1: Assumption: George orders 5000 T-shirts; cost: $17‚750; the number of attendees buy his T-shirts are 5%‚ 10% and 15% respectively The possible financial outcomes
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World Wide‚ Inc. Value Chain Activities The approaches Wolverine followed to configure and coordinate its value-chain activities worldwide include global sourcing‚ outsourcing‚ business process outsourcing‚ offshoring and contract manufacturing. Global sourcing refers to the procurement of products or services from suppliers or company-owned subsidiaries located abroad for consumption in the home country or a third country. Outsourcing is the procurement of selected value-adding activities‚ including
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COTTON FACT SHEET PAKISTAN Pakistan has the 26th largest economy in the world with a GDP of USD504.3 billion and a GDP per capita of USD 2‚600. It has a population of approximately 176.2 million people (2008 estimates). OVERVIEW Pakistan is the 4th largest cotton producer and consumer (preceded by China (Mainland)‚ India and the USA). The cotton industry is an integral aspect of the economy. This is also true of the textile sector on which the economy is heavily dependent. As such cotton is a principal
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CASE STUDY: ANALYSIS OF NIGERIA BOTTLING COMPANY VALUE CHAIN BOTTLER OF COCA COLA PRODUCT. Nigeria bottling company produce‚ sell and distribute a range of non-alcoholic beverages including four of the world’s best selling brands: Coca-Cola‚ Coca-Cola light‚ Fanta and Sprite. In addition‚ nbc product portfolio includes a variety of other sparkling and still beverages including: - fruit juice drinks - premium table water Nbc aim is to offer consumers
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Cotton fabric printing with reactive dye using guar gum A 3-per cent concentration of Guar Gum will be the better alternative for large-scale printing of cotton in home furnishing industries‚ find Priyanka Kesarwani and Archana Singh. Cotton is the world ’s most used fibre. It is cool‚ soft‚ comfortable and the principal clothing fibre of the world. Its production is one of the major factors in the world ’s prosperity and economic stability. In the textiles industry more than 78%
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Manufacturing Systems in the Modernization of Manufacturing Manufacturing system‚ to understand manufacturing system it is first essential to appreciate the context of manufacturing. Manufacturing is the organized activity devoted to the tranformation of raw materials into marketable goods (B.Wu‚ 1996). Manufacturing is the transformation of material into something useful and portable. In the sector of industry‚ manufacturing is called a secondary industry‚ because this is the sector of a nation’s
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