export their products. Once the CPP has been obtained‚ drug manufacturers can register their products in foreign markets after which the DDA will grant them export licences. The four companies are planning to export their products mainly to India‚ Sri Lanka‚ Cambodia‚ Myanmar‚ Vietnam and some African countries. Lomus Pharmaceuticals has already registered its products in Cambodia and Myanmar which include mainly general medicines. “We are in the process of registering family planning medicines including
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Bargaining Power of Suppliers In the apparel industry‚ commodities and undifferentiated products‚ such as cotton‚ are purchased in the manufacturing of goods sold to customers. Also‚ cheap labor is abundant overseas for manufacturing needed products. Switching costs are low for this industry‚ allowing firms to easily pick and choose which suppliers they would like to do business with since suppliers offer very similar products‚ which gives suppliers in this industry low bargaining power. Price Sensitivity
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* Example: * Let’s take the Sky TV case as a typical example of penetration pricing. Sky TV is launched with a very low price‚ when many companies started using them‚ their prices continued to climb‚ however the product offered is good‚ so it continues to be used. This example also means that when Manac applies this method for their customized product‚ they need to concern more about after-sale service. * For instance‚ Manac is specializing in electrical goods‚ thus‚ the safety as well as
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The Sri Lanka Wildlife Conservation Society (SLWCS) founded in 1995 had been working exclusively in Sri Lanka to protect native species while aiding the social development of the Sri Lankan people. Headed by Ravi Corea‚ president‚ and Chandeep Corea‚ projects director‚ the SLWCS began its first major project in 1998 — an innovative electric fence designed to resolve conflicts between the native villagers and the elephants in Sri Lanka and protect the surrounding forests. The idea was to fence off
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This essay is an attempt to apply the Five Forces Model for industry analysis and business strategy development formed by Michael E. Porter of Harvard Business School in 1979 that draws upon industrial organization (IO) economics to derive five forces that determine the competitive intensity and therefore attractiveness of a market. Within the ambit of Porter’s typology‚ this essay aims to analyze the attractiveness of industries for investment and seeks to identify their potential for change or
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Alternative dispute resolution in Sri Lanka 1. Arbitration – Arbitration Act of 1995 2. Mediation 3. Conciliation The advantages of the ADR methods are that the parties themselves are in the best position to know the strengths and weaknesses of their cases and therefore the negotiatory process can be undertaken where there is a willingness rather than engage in expensive litigation which is controlled mainly by outsiders – the lawyers. Importance of alternative dispute resolution
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1. INTRODUCTION This report will focus on industrial relations pressures/issues evident for „Women workers in the Garment Industry in Sri Lanka’‚ a strategic plan for addressing these issues utilizing relevant theory. The industrial relations issues faced by women are very much similar to all workers in the industry irrespective of gender. However‚ there are some issues that are unique to women which will also be highlighted in this report. The Harvard Map of HRM will be used as a base to analyse
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Porter’s Five Forces | by | | Hassaan Jamshed HND in Business Studies (2012-13) | 7 Oct 2012 | | Contents Introduction Porters Five Forces Threat of New Entrants Bargaining Power of Customers Bargaining Power of Suppliers Rivalry among Existing Firms Threat from Substitute Products Conclusion Introduction In 1977‚ HH Prince Sultan Bin Mohammed Bin Saudi Al Kabeer saw that the domestic market was growing and to satisfy its needs‚ Saudi Arabia’s traditional dairy farming
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Porters Five Forces Model & the Airline Industry Robert Warren 6/11/2011 Abstract Having conducted research on Porter’s Five Forces Model and the current business climate of the airline industry‚ I will be analyzing the industry using the Five Forces Model. Porter’s Five Forces model is a highly recognized framework for the analysis of business strategy. Five forces are derived from the model that attempts to determine the competitive intensity‚ competitive environment and overall
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The Airline industry provides a very unique service to its customers. It transports people with a high level of convenience and efficiency that cannot not be provided by any other industry or substitute. Airline companies pride themselves on the way they treat their customer during the flight. They have things such as food‚ drinks‚ entertainment‚ and a welcoming staff. The service of transportation is provided in other industries but the airline surpasses all of them when it comes to timeliness.
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