What are the five competitive forces described by Michael Porter? Comment on them briefly 1. Threat of entry New entrants to an industry bring new capacity and a desire to gain market share that puts pressure on prices‚ costs‚ and the rate of investment necessary to compete. Particularly when new entrants are diversifying from other markets‚ they can leverage existing capabilities and cash flows to shake up competition‚ as Pepsi did when it entered the bottled water industry‚ Microsoft did when
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On my first assessment‚ my top five strengths were empathy‚ harmony‚ consistency‚ restorative‚ and includer. This was not a surprise because I love having connections with others so I expect to have more relationship based strengths. Yet‚ this time around my top strengths were restorative‚ positivity‚ harmony‚ input‚ and responsibility. My initial thought was that I had lost empathy and consistency‚ and I had become a horrible person with no human emotions. However‚ after much consideration and
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QUESTION ONE Name Five Approaches to Psychology 1. Social Psychology Social psychology is about understanding individual behaviour in a social context. Baron‚ Byrne‚ and Suis (1989) defined social psychology as “the scientific field that seeks to understand the nature and causes of individual behaviour in social situations”. It therefore looks at human behaviour as influenced by other people and the social context in which it occurs. 2. Comparative Psychology This is a science which studies
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Krashen’s theory of second language acquisition consists of five main hypotheses: * the Acquisition-Learning hypothesis‚ * the Monitor hypothesis‚ * the Natural Order hypothesis‚ * the Input hypothesis‚ * the Affective Filter hypothesis. the Monitor hypothesis The Monitor hypothesis explains the relationship between acquisition and learning and defines the influence of the latter on the former. The monitoring function is the practical result of the learned grammar. According
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among the kids. Kids across many countries worldwide are lucky enough to have Toys”R”Us at the next door‚ but Indian kids are still longing for Toys”R”Us to be their next door. This essay analyses the positives and negatives of India using Porter’s Five Forces and concluding whether Toys”R”Us can consider stepping into the country or not. About India Here is the statistical analysis done by World of Toys (Undated) on Indian toy industry: India’s population is around 1.23 billion people and ranked
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Michael Porter ’s 1979 framework uses concepts developed in IO economics to derive 5 forces that determine the attractiveness of a market. Porter referred to these forces as the microenvironment‚ to contrast it with the more general term macroenvironment. They consist of those forces close to a company that affect its ability to serve its customers and make a profit. A change in any of the forces normally requires a company to re-assess the marketplace. Four forces -- the bargaining power of customers
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Five-Paragraph Expository Essay Model |Essay Title |My Dog‚ Romeo | |Paragraph 1: The Introduction |My dog‚ Romeo‚ is the best pet anyone could have. He is beautiful and easy to| |Topic Sentence (Main Idea for your paper) |care for. Playing with him is lots of fun. He always takes care of
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Word Count: 405 The five moral principles of bioethics are autonomy‚ nonmaleficence‚ beneficence‚ utility and justice. I believe the list is complete; if not‚ a little over capacity. I am confused on how much due care (under nonmaleficence) differs from utility. In both instances‚ we are trying to minimize harm as long as it benefits the person. As long as utility exists‚ I don’t know if nonmaleficence is necessary. I think utility covers the same bases. A principle we could add would be a principle
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Have you ever found yourself thinking about the different levels of consciousness? Consciousness is "the state or quality of awareness you have of your surroundings both internally and externally‚ and the understanding of what is happening to you." However‚ that is not anything I had considered previously‚ but it was just taken for granted. Professor of Psychology and Authors‚ Max Velmans and Susan Schneider‚ wrote in The Blackwell Companion to Consciousness: "Anything that we are aware of at a
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Hofstede’s Five Aspects of Culture Hofstede ’s cultural factors Explanations > Culture > Hofstede ’s cultural factors Power | Self | Gender | Predictability | Time | So what? Geert Hofstede‚ a Dutch cultural anthropologist‚ analyzed cultures along five dimensions. He rated 58 countries on each dimension on a scale from 1 to 100. Power Hofstede named this Power Distance (PD or PDI). It is the extent to which less powerful members expect and accept unequal power distribution.
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