CGE25101 Globalization and Business Tutorial 12 Discussion Question: The Porter’s Diamond Michael Porter put forth a theory in 1990 to explain why some countries are leaders in the production of certain products. His work incorporates certain elements of previous international trade theories but also makes some important new discoveries. He identifies four elements present to varying degrees in every nation that form the basis of national competitiveness. Analyze the current situation of Japan
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Porter’s Five Forces On Automobile Industry Threats of new entrants: Automobile industry is very specific industry‚ thus it has higher level of entry barriers. For an example Factory facilities‚ machinery‚ labor‚ technology are heavily involved. So following factors are determine the barriers of entry to the industry: Bargaining Power of buyers affects industry profitability by their ability to hold out for lower price‚ higher quality‚ and better service. In automobile industry the bargaining
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Vision Statement: It is our vision to continue to be the world’s #1 vacation provider at land and at sea. Mission Statement (Current): Our missions is to deliver exceptional vacation experiences through the world’s best-known cruise brands that cater to a variety of different lifestyles and budgets‚ all at an outstanding value unrivaled on land or at sea. Mission Statement (Proposed): It is the mission of Carnival cruised to provide our customers with the best vacation experience on both
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2013 | Cruise Line | Cruise Ship | Date | Number of Passengers Affected | Number of Crew Affected | Celebrity Cruises | Celebrity Infinity | 03/17 - 04/01 | 101 of 2086 (4.84%) | 17 of 927 (2.05%) | Princess Cruises | Ruby Princess | 03/03 - 03/10 | 266 of 3129 (8.50%) | 10 of 1‚189 (0.84%) | Royal Caribbean Cruise Line | Vision of the Seas | 02/25 - 03/08 | 118 of 1991 (5.93%) | 3 of 765 (0.39%) | 2012 | Cruise Line | Cruise Ship | Date | Number of Passengers Affected | Number
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examine the role that Caribbean cruise tourism is playing in the economies and social sectors of the region. What are the economic and social costs/ benefits derived from this type of industry? What should Caribbean countries be doing to derive more benefits and mitigate social and environmental damage? | Table of Contents INTRODUCTION 3 ECONOMIC IMPACTS 3 SOCIAL / SOCIAL-CULTURAL IMPACTS 7 ENVIRONMENTAL IMPACTS 11 RECOMMENDATIONS 16 THE FUTURE OF CRUISE TOURISM 20 CONCLUSIONS 23 Bibliography
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Cruise Shipping in Jamaica According to Greekwise.com (N/A)‚ a cruise ship is a passenger ship used for vacations or pleasure trips‚ they are usually very large and are able to accommodate hundreds to thousands of people. This all depends on the size of the ship. These ships generally make round-trips‚ returning to their first port of departure after a certain number of days at sea. Cruise ships make stops at various ports‚ where passengers are allowed to leave the ships and explore as they wish
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Five Forces Analysis on the MP3 Player industry: Competition amongst sellers of MP3 Players: There are over 100 manufacturers of MP3 players‚ which all offer a similar product‚ so rivalry is generally strong in the industry. Differentiation by branding is very important and a constant launch of fresh actions is required to improve market standing (e.g. by introducing new products or adding new technical features to improve user friendliness). Apple is currently the dominant market leader (market
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Porter’s Five Forces Model of Industry Structure An industry is a group of firms that market products which are close substitutes for each other (e.g. car industry‚ travel industry). Some industries are more profitable than others. Why? The answer lies in understanding the dynamics of competitive structure in an industry. The most influential analytical model for assessing the nature of competition in an industry is Michael Porter’s Five Forces Model‚ which is described below: Porter explains there
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EXPERIENCE AT CARNIVAL CRUISE LINES” A Case Analysis Presented to the Faculty of College of Hospitality & Institutional Management of Our Lady of Fatima University In a Partial Fulfillment of the Requirements for the course Hospitality Organizational Management (HRMPS 15) Submitted by: Zoila S. Pagaacita BSHRM 4Y1-1 Submitted to: Mr. Marc Gerald Pajela Submitted on: February 17‚ 2013 PART I. THE ISSUE The main issue of the case is how the Carnival Cruise Line can improve their
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Quotes: “An eye for an eye will make the whole world blind.” “There are many causes I would die for. There is not a single cause I would kill for.” “First they ignore you‚ then they laugh at you‚ then they fight you‚ then you win.” “There is no way to peace; peace is the way.” “I object to violence because when it appears to do good‚ the good is only temporary; the evil it does is permanent.” “Nonviolence is the first article of my faith. It is also the last article of my creed.” “Use truth
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