out products that can be tainted or altered in some way and have been very harmful to one ’s health even to the point of death by use. Many people are unaware of some recalls and continue to use whatever product it is that is defective or contaminated. I will be talking about a couple of different companies and touching on what they have done or not done in order to correct a problem with their product/s that have been recalled. There are a lot of reasons as to why companies do not take action right
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was‚ What is Strategy? By Michael Porter. In this article Porter talks about the abilities to set objectives‚ facilitate resources and the ability to target the right customers. Porter goes onto talk about operational efficiency. He says that operational efficiency is basically preforming similar tasks better than your rivals in the market. He emphases being different than your rival‚ don’t try to be better and always out do them‚ be different and unique. Porter stresses that to have a competitive
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MARKETING PLAN For McDonald’s By: Ali Shaafy‚ Zomin Yazeed & Azima Ahmed Situational Analysis PESTEL Analysis: Political Factor: Generally‚ McDonalds are affected by government policy on the regulations of Fast Food Company such as health and hygiene policy. Government realized health problem have been a big concern for everyone‚ people are having diseases such as cardiovascular and cholesterol because they are eating too much fast food. Furthermore‚ hygiene policy also is a big concern
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Huang J. Electrical Systems x-x (2010): x-xx JES Journal of Electrical Systems Regular paper Determination of the Performance Extreme Values of a Three-phase Induction Machine Using Algebraic and Graphical Methods This paper proposes an algebraic and a graphical method for finding all the performance extreme values of a three-phase induction machine when it operates as a motor or a generator. The performance extreme include maximum efficiency‚ maximum power factor‚ maximum electric power
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Beyond Porter – A Critique of the Critique of Porter The writings of the American managementguru and Harvard-Professor Michael E-Porter are considered to be among the most influential of their subject – and among the most critiqued ones. Porter had a lasting influence on strategic management with his books about competitive advantages on industry level and on global level‚ which were written in the eighties. Porter’s models like the Five Competitive Forces‚ the Value Chain or Porters Diamond have
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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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entire plastic market in Malaysia (See Appendix A). They are a new technology which has grown over the years as increased innovation results in more efficient and improved plastic materials‚ and hence better pipes (See Appendix B). The production process of plastic pipes can be found in Appendix C. Within plastic pipes‚ there exist many different types of plastic materials which spread out the applications for each different material type. The following pie chart shows the proportion of each type
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Mr. Porter is a subsidiary for The NET-A-PORTER GROUP‚ which is the home to the world leading style destination. They are a multi-brand retailer‚ media and publishing group (PORTER 2015). Stall under their group consists of Mr. Porter.com‚ NET-A-PORTER.com and THE OUTNET.com. They offer a luxurious experience containing unique editorial content and a wide varies items with next day delivery all across the globe with 24 hours customers’ service. Mr. Porter focuses on the sales for Men’s wear and
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What is Business Architecture? (As per TOGAF definition) According to TOGAF‚ Business Architecture describes the product and/or service strategy‚ and the organizational‚ functional‚ process‚ information‚ and geographic aspects of the business environment. How is Business Architecture scoped? The way in which the business architecture is scoped depends on a number of factors. In some cases‚ the key elements of the business architecture may be done in other activities‚ such as the enterprise
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The process one would follow to analyze the key business activities that would sustain a competitive advantage for the given company XYZ‚ would be Porter ’s Five Force Model. The Five Force model gives focus to the external environment of the organization. It reveals the source of competition in an industry‚ and the external influence‚ including the threats and opportunities that an organization has to face in order to gain a competitive advantage. The Value chain on the other hand‚ focuses on the
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