Machael Porter’s Value Chain SUPPORT ACTIVITIES Support activities assist the primary activities in helping the organisation achieve its competitive advantage. They include: Procurement: This department must source raw materials for the business and obtain the best price for doing so. The challenge for procurement is to obtain the best possible quality available (on the market) for their budget. Technology development: The use of technology to obtain a competitive advantage is very important
Premium Marketing
1. Introduction Allianz AG is a multinational German banking and insurance group‚ which was founded in Berlin in 1890. Allianz has today their headquarters in Munich. With a staff of over 120‚000 worldwide‚ Allianz is considered as one of the world’s largest insurance companies. Their goal is to achieve and becoming the most trusted global financial services provider. Allianz core business can be divided in to three areas: • Property and casualty insurance. • Life and health insurance
Premium Insurance
Porter’s five forces analysis has become a pervasively adopted framework for industry analysis‚ which can be used to examine the competitive intensity and attractiveness of a market or a company. The social networking companies gradually come into the spotlight of the business world in recent years‚ which was especially featured by the significant event of Facebook’s IPO on May 18‚ 2012. In such circumstances‚ it will be extremely interesting to apply the five forces analysis to gauge this giant
Premium Social network service Facebook
enconomies of scale. The synergy would drive to product integration and ensure sharing of innovation‚ knowledge‚ technologies and ideas. At the time of the merger‚ Daimler Benz had close to 1% of the American Market‚ which Chrysler could aid them with this problem. Chrysler also wanted to enter into the European market‚ which Daimler Benz could help sell Chrysler products at their distribution centers in Europe. Mutually‚ the two companies expected to exploit on retail sales‚ purchasing‚ distribution
Premium Germany Daimler AG Chrysler
Chapter 2 Forces To study the effect of forces acting on particles. 2.1 Equilibrium of a Particle 2.2 Free Body Diagram 2.3 Force Vectors 2.4 Forces in a Plane 2.5 Forces in Space Expected Outcomes • Understand the condition for a particle to be in static equilibrium • Able to construct free body diagrams • Able to solve for the forces acting on a static particle 2.1 Equilibrium of a Particle www.classical.com/features 2.1.1 Condition for the Equilibrium of a Particle
Premium Force
Case Study: Starbucks • Analyze Starbuck’s industry environment using Porter’s Five Forces Model. Is it attractive or unattractive overall? Which of the five forces is the most important threat to Starbucks and why? Industry Definition – this is an industry of specialty coffee retailing. Threat of Entry Cost Advantages – Yes (since profit margins can be improved based on the point at which the business defines the transfer of the good to the customer – for e.g. for a retail
Premium Retailing Coffee Supermarket
Porter’s analysis[edit] The approach looks at clusters‚ a number of small industries‚ where the competitiveness of one company is related to the performance of other companies and other factors tied together in the value-added chain‚ in customer-client relation‚ or in a local or regional contexts.[2] The Porter analysis was made in two steps.[2] First‚ clusters of successful industries have been mapped in 10 important trading nations.[2] In the second‚ the history of competition in particular
Premium Strategic management International trade Porter five forces analysis
tructure‚ and Rivalry The structure and management systems of firms in different countries can potentially affect competitiveness. German firms are oftentimes very hierarchical‚ which has resulted in advantages within industries such as engineering. In comparison‚ Danish firms are oftentimes more flat and organic‚ which leads to advantages within industries such as biochemistry and design. Likewise‚ if rivalry in the domestic market is very fierce‚ companies may build up capabilities that can
Free Economics Management Government
The Bribery Scandal at Siemens AG Analysis This case discusses the bribery scandals that were unearthed at Siemens AG in 2006 and 2007. There were a series of scandals that involved some of the company’s employees bribing foreign officials to gain contracts and creating slush funds for this purpose. Siemens agreed to pay €1 billion towards settlement of corruption charges $800 million of which was a fine imposed by U.S. in addition to the billions of euro paid in fines‚ back taxes and late interest
Premium Management Corporation Political corruption
There are several issues the Besserbrau AG will face. With the expansion into China‚ Besserbrau AG will need to account for Foreign Direct Investment (FDI). They can do this by adapting their accounting standards to meet the requirements in China. The profits made by BB Pijio will need to be converted from Chinese GAAP to German GAAP. These profits will also need to be translated between the two currencies and the overall performance of BB Pijio. Besserbrau AG would face an issue with the sales to
Premium Stock market Stock exchange London Stock Exchange