Porter’s 5 Forces for Li Ning | Li Ning | | | H for high force‚ L for low force | Match | Intensity of Competitive Rivalry | Number of competitors | H | 1 | | Industry growth rate | H | 0 | | Fixed costs (generally low in IT) | H | 1 | | Storage costs (generally low in IT) | H | 1 | | Product differentiation | H | 0 | | Switching costs | l | 1 | | Exit barriers | H | 1 | | Strategic stakes | H |
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acknowledgement and carry out). In details‚ a mission statement states where the business plan aims at with what desired outcomes‚ also to ’’ provide employees with a shared sense of purpose‚ direction‚ and opportunity’’; also by the textbook it consists of five characteristics. (Kotler & Kevin‚ 2009‚ p. 42). 1. Focusing on limit goals. The attention is normally paid on the abstract values of the products or services that a company is engaging with the customers. For example‚ “Our mission: to inspire and
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manners; it is favourable to fortune‚ reputation‚ influence and usefulness; a little attention and energy will form the habit‚ so as to make it easy and delightful. Punctuality is the soul of business. Punctuality is one of the cardinal business virtues‚ always insist on it in your subordinates. Lack of punctuality is a theft of someone else’s time whether as an employee who is late for work or as friends‚ where we have agreed to meet at a set of time. If I had made an appointment with
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According to Aristotle‚ in order to pursue virtue we must learn to both feel and act correctly. Being a virtuous person entails being affected by pleasure and pain. In book II of “Nicomachean Ethics”‚ Aristotle begins by explaining how virtuous actions are acquired by habit. He writes‚ “Rather‚ we are by nature able to acquire them‚ and we are completed through habit” (Aristotle 18). Essentially‚ Aristotle is saying that we acquire habits as we acquire skills. Virtues are acquired through habituation and
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In “Mnemonic” by Li-Young Lee a man is looking back on his life while falling asleep. He tries to recall the memory of his father and his blue sweater. He remembers his father wrapping him in the blue sweater when he was cold‚ but he never gives the sweater back. The boy fondly remembers his father and all the love his father had for him‚ and the first sign of regret is seen. The sweater is a symbol of love from father to son but the love was unrequited and the boy‚ now a man‚ wants nothing more
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Businesses are completely incompatible with virtue ethics. Discuss. Business ethics is concerned with how well a business treats its stakeholders and whether a business’s actions are seen as ethical. Within business ethics there are three approaches which could be adopted. The first approach is that a business’s main goal could be to maximise profits and nothing more‚ where the ethics of the business wouldn’t necessarily be important. This view is supported by Milton Friedman. Secondly‚ some ethicists
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been tasked to describe the ideal person according to Confucius. I will be including the concepts of ren‚ li‚ shu‚ xiao‚ and wen in my writing because these were the major Confucian virtues. Ideal Person There are many ways to describe the perfect person. If someone were to ask me what the ideal person is‚ I would say that the ideal person is one who has strong virtues‚ is a morally sound person‚ understand himself and others‚ helpful‚ and respectful. I think these are
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M&A ATTRACTIVENESS IN THE DEVELOPING WORLD Mergers and acquisitions form the majority of FDI deals in the developed world‚ but remain relatively scarce as a mode of entry in the developing world. The infrequent use of M&A as a foreign direct investment (FDI) entry modality into developing regions has motivated this study. As a first step in exploring the M&A paradigm in developing markets this paper will classify and rank the M&A attractiveness of 117 developing economies. Further‚ the distinction
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exhibit good moral character. This perfect person is the junzi which is translated as “superior person‚” but can also be translated as “noble person.” Confucius believes the virtues that guide the junzi should be practiced from childhood so that these virtues and ways of relating to the world come naturally. Some of these virtues include faithfulness‚ modesty‚ compassion and diligence. Although educated‚ the junzi never uses his knowledge to insult or offend and holds himself accountable for his mistakes
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Journal of Military Ethics‚ Vol. 9‚ No. 3‚ 245Á261‚ 2010 War and the Virtues in Aquinas’s Ethical Thought RYAN R. GORMAN University of Dallas‚ Texas‚ USA ABSTRACT This article argues that Thomas Aquinas’s virtue ethics approach to just war theory provides a solid ethical foundation for thinking about the problem of war. After briefly indicating some shortcomings of contemporary views of international justice‚ including pacifism‚ legalism‚ progressivism‚ realism‚ pragmatism‚ and consequentialism
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