Michael Porter’s Value Chain History of Value Chain • Popularized by Michael Porter’s book best seller “Competitive • • Advantage” 1985 Creator of “5 Forces model” Helped Gereffi in the late 1990s develop Global Value Chain. Michael Porter’s Background • Born May 23‚ 1947 in Ann Arbor‚ Michigan • Received MBA in 1971 Harvard Business School • Competition and company strategy • 6 time winner of the McKinsey Award Value • The Value is the extent to which a good or service is perceived by
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an organization over a specific period. Budgeting describes the overall process of preparing and using a budget. Since budgets are such valuable tools for planning and control of finances‚ budgeting affects nearly every type of organization from governments and large corporations to small businesses. A small business generally engages in budgeting to determine the most efficient and effective strategies for making money and expanding its asset base. Budgeting can help a company use its limited financial
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require less raw materials and inventories. So 8 should be Computer software. Pharmaceutical preparations (6) Pharmaceutical preparations need intangible assets such as brand recognition and good will. 6 has a higher intangibles than 6. What’s more‚ 6’s coverage ratio is nearly 10 times higher than 7. As a result‚ 6 is the right one. The left one is 7. So 7 is Semiconductor manufacturer. Semiconductor manufacturer (7) D. Service industry Little inventory‚ high current receivables IT service provider
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their individual strengths and weaknesses. In a Positron Emission Tomography (PET) scan the scanner injects the patient with glucose containing radiotracers which are radioactive and emit positrons which are then picked up by the scanner. As glucose is used for energy in the body it will travel to the brain and distributes itself to the parts of the brain need it most at that time. When it is inside the brain‚ the PET scanner can detect the gamma rays of radiation emitted by the radioactive glucose and
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Identify and discuss the relative strengths and weaknesses of the principal formal definition(s) of the industry sector central to your programme of study This assignment will concentrate on the title: ‘Identify and discuss the relative strengths and weaknesses of the principal formal definition(s) of the industry sector central to your programme of study.’ It is going to start off with a definition of tourism by Herman von Schullard in 1910 which says: tourism is ‘the sum total of operations
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Discuss Bowlby’s work on attachment. Refer to the work of at least one other researcher in your answer. (12 marks) Attachment theory was developed in the 1950’s by psychoanalyst John Bowlby‚ who defined attachment as a ‘lasting psychological connectedness between human beings’. Whilst working with James Robertson in 1952‚ he observed that children experienced intense distress when separated from their mothers and if fed by other caregivers‚ the child’s anxiety did not diminish. This led to his theories
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Public budgeting systems are systems for making choices of ends and means. The purpose of budgeting is to allocate scarce resources among competing public demands so as to attain societal goals and objectives (Lee‚ 49). Depending upon conditions at a given time in history‚ budgets have tended to emphasize financial control‚ managerial improvements‚ or planning. The government should adopt a biennial budget. Proponents of biennial budgeting believe that the federal government would benefit from
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DALAL & SHAH City Office East & West Insurance Building‚ 2nd Floor‚ 49-55‚ Bombay Samachar Marg‚ Fort‚ Mumbai - 400 023. India. Tel : + 91 - 22 - 22665251. Fax : + 91 - 22 - 22661503. Surburban Office The Regency"‚ Office No. 11‚ National Library Road‚ Bandra (West)‚ Mumbai - 400 050. India. Tel : + 91 - 22 - 26513540. Fax : + 91 - 22 – 26513539 www.dalalandshah.com ENGINEER & MEHTA (Chartered Accountants) Atlas‚ Khatau House‚ Ground Floor‚ 7/C‚ Moghul Lane‚
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PROJECT ON “Venture Capital Industry in India” Submitted to Swami Vivekanand Institute of Management for Women in partial fulfillment Of the requirements for the awards of Master of Business Administration Submitted By Shinam Gupta Roll no. 80906317222 Swami Vivekanand Institute of Management for Women Ramnagar‚ Near Banur (Patiala) 2008-10 CERTIFICATE – I This is to certify that The project report
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services” (Tracy)1. These businesspeople help build our economy by creating jobs‚ increasing productivity and partnering with other firms to help reach success. Entrepreneurship is so crucial to society because “it’s the entrepreneurs who serve as the spark plug in the economy’s engine‚ activating and stimulating all economic activity…” (Tracy)1. Entrepreneurial firms highly impact the economy by creating jobs‚ which is essential in fueling our economy. When an entrepreneur begins to expand their
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