Team 1: Homework No. 1 1. I was expecting an innovative name and logo from your team. 2. A very good introduction of the industry. Note ii. The second edition of the textbook (Barney and Hesterly) is copyrighted in 2008. 3. Industry rivalry: use a note to indicate 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
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Abstract: Is it possible to create a science fiction-type force field? The article begins with a person asking the staff of The Straight Dope Science Advisory Board a question concerning the possibility of creating a fiction-type force field. The staff member asks the person to clarify the question by asking if it is a force field that protects a ship‚ a tractor beam or something to keep prisons in holding. She then explains the different kinds of forces considered by physicists and how some
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The Five Forces Model (developed by Dr. Michael Porter of Harvard University) serves as a framework for examining competition that transcends industries‚ particular technologies‚ or management approaches. The underlying fundamentals of competition go beyond the specific ways individual companies go about competing (i.e. StrengthsWeaknesses-Opportunities-Threats (SWOT) analysis; the 4P’s of marketing: product‚ price‚ place‚ promotion). The underpinning of this framework is the
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costing (ABC) is an accounting method that allows businesses to gather data about their operating costs. Manac’s manager can take into account the overall production costs as cost of sales and administrative cost not just confined to generate data to create a better budget and gain a greater overall understanding of the expenses that are required to keep the company running advantageously and avoiding mistakes in decision-making. * In addition‚ the ABC uses a system of allocation criteria relevant
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Evaluate the consequences of migration Migration is regarded to be the transfer of people from one place to another. This constantly increasing phenomenon is the result of different factors such as globalization or if we enter in more detail‚ what we call push and pull factors or even compulsory migration due to war or social complications. Nowadays‚ migration has become a subject of controversy. There is been in the last decades serious limitations to one the most important freedoms the human
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BSBMKG 501B IDENTIFY AND EVALUATE MARKETING OPPORTUNITIES JISOO PARK Cotton on- Australian based clothing retailer Profile The Cotton On brand was founded on the surf coast of Victoria Australia in 1991 with a single store and a handful of employees. In 14 years the company has grown to over 70 retail stores Australia wide‚ with a further 20 stores planned for the 05/06 financial year. Primarily‚ Cotton On operates as a ‘design to retail’ business allowing huge flexibility over the design
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Sales Force In the beginning of the simulation‚ Allround started with 135 members of the sale force. A well equip and knowledgeable sales force can also help a company deliver more value to the customer (Winer & Dhar‚ 2016). The decision to add or contract the sale force was based on the simulation reports and the competitor’s sale force. From the beginning of the simulation‚ we came to a realization that sale force plays a pivotal part of the simulation‚ having the right amount of sale person per
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Porter’s Five Forces Model Porter’s five forces use for; to develop a wide and detailed analysis of competitive position (especially on industry level)‚ while the determining and creating new strategies‚ planning‚ making investments or disinvestments for current or a brand new business or organization. (Businessballs‚ Michael Porter’s Five Forces Competition Theory Model‚ 2009). Porter’s five forces determined as; “Supplier Power; Differentiations of inputs‚ supplier concentration‚ importance
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Evaluate the benefits of growth Growth is commonly defined as an increase in the capacity of an economy to produce goods and services‚ compared from one period of time to another. Economic growth can be measured in nominal terms or real terms. The growth of an economy is thought of not only as an increase in productive capacity but also as an improvement in the equality of life to the people of that economy. The causes of such economic growth are usually an increase in aggregate demand as well as
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2. If Brenda Crohn’s guesstimates and estimates are wrong‚ how might that change your decision? At what number of applicants os there an economic breakeven between the two types of ads? Brenda thinks we should use the current trade journal ads because the quality of the applicants generated off an internet job site may not be as good as those from our current trade journal ads. Besides that‚ Brenda said they should get to consider the cost as well as the number of qualified applicants. She likes
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