assessing any industry that they are currently in or are thinking about entering into. Assessing the industry in this manner reveals why the industry is profitable (Porter‚ 2008) and is an essential part of a well developed business strategy. The main points of the article consist of an assessment of each of the five competitive forces that Porter believes shape competition. The first force is threat of new entrants. One of the most important things to consider under this category is what they call “barriers
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this purpose‚ Porter identified a range of interrelated generic activities common to a wide range of firms. The resulting model is known as the value chain. According to Porter (1985)‚ " Competitive Advantage arises out of the way firms organise and arrange discrete activities". Through using the Value Chain‚ the activities performed by a firm competing in a particular industry can be grouped into categories as shown in the model below: Upstream Activities Downstream Activities Porter distinguishes
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facing small business in Kenya |Indeed‚to come with a logical definition of a small scale business is not that easy.It is dependent of quantity of output‚say number of | |employees‚stakeholders and also varies from one industry or firm to any other. | |A small scale business I can assert to be managed in sole proprietorship or partnership and whose output is relatively small. Since colonial | |times‚Kenya has had mushrooming small
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KEY GROWTH SECTORS OF THE KENYAS ECONOMY Economic growth is the increase in the amount of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product i.e. real GDP. In Kenya the key main sectors to achieve economic growth are agriculture which is the mainstay economic growth drivers‚ energy sector‚ manufacturing and industry‚ service sector which is mainly tourism‚ financial services and banking and also the
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ESCOLA SUPERIOR DE COMUNICAÇÃO SOCIAL ANÁLISE DAS 5 FORÇAS DE PORTER Introdução Michael E. Porter é uma figura essencial do Marketing Estratégico. Autor de quase duas dezenas de livros e artigos‚ sobretudo nas áreas da Estratégia e da Competividade. As Cinco forças de Porter são pela primeira vez mencionadas e estruturadas no seu artigo “How competitive forces shape strategy” para o Harvard Business Review na edição de Março-Abril‚ onde em dez páginas esboça os princípios do que define como
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EDEE328 Assessment 1: Annotated bibliography Due date: Friday 27 March 2015 Weight: 30% Word limit: 1500 words (excluding references) Topic: The teaching of literacy in the 21st Century is a complex undertaking for primary teachers. The task and readings below are designed to give you some idea of the challenges that you will face in the primary school literacy classroom. Consider how these readings contribute to your understanding of this task
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5 forces of Porter The 5 forces of Porter are named after Michael E. Porter. This model classifies and examines the competitive forces that characterize every single industry plus it helps to give a clear understanding of what the strengths and weaknesses are of each type of industry. In addition to this‚ the 5 forces of Porter were mainly designed as a response to the famous “SWOT Analysis”. These 5 forces are the following: 1. Competition in the industry 2. Potential of new entrants
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MASS MEDIA AND THE FREEDOM OF SPEECH IN KENYA INTRODUCTION For many years human rights activists‚ different organizations‚ and trade unions of Kenya have ceaselessly fought for the basic human rights inclusion of the legislation process to become part of the law. An example of these rights that they have advocated for is freedom of speech. Freedom of speech simply refers to the democratic right of an individual to express his/her political‚ religious‚ social or economic views through oral or written
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MICROFINANCE AWARENESS AND IMPACT IN KENYA: A CASE OF NAIROBI COUNTY 1 Table of Contents CHAPTER ONE ............................................................................................................................................... 3 INTRODUCTION ............................................................................................................................................. 3 1.1 Background of the Study ................................................................
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Starting in 1895‚ Kenya started to be conquered mainly by the British. Kenya before Imperialism was made up of tribes‚ causing the country to not have a government. In 1895‚ The British East African Protectorate‚ a colony of British people‚ started to colonize in Africa and create their own country. Some imperial powers brought positive influences to certain countries‚ while others brought negative influences to the country. The British brought both positive and negative effects on the country. They
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