payment for goods and services. Currency is legal tender but cheques and cards are not. Money today comes in three forms: * Notes and Coins – known as currency (Euro). * Cheques – to write cheques you need to have a current account in the bank. * Cards – credit cards‚ charge cards and ATM card. These are known as plastic money. Ireland along with eleven other countries formed an Economic and Monetary Union (EMU) which created a single currency‚ the euro‚ to be used as currency in all
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Five P’s of Strategy Alicia Wiley AH543 Healthcare Strategic Mgmt January 25‚ 2015 Henry Mintzberg has proposed the concept of strategy by defining 5 Ps (Mintzberg‚ 1987). Each of the 5 Ps is a different approach to strategy. They are plan‚ ploy‚ pattern‚ position and perspective. Plan Strategy is a plan or future course of action that is consciously intended to deal with the situation and acts as a guideline (Mintzberg‚ 1987). This means that any act done purposefully and carefully
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saffron art has to deal with .since all the items sold by the gallery is highly private the status associated with a gallery of this kind is a social symbol. Michael Porter’s five force analysis gives a perfect insight of how the firm reacts to the outside environment and to the internal capabilities. This study of the five forces model would have allowed Saffron art to gain its leadership in the art and auction portal by careful assessment of industry competitors ‚ the extent of rivalry‚ the
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Commonwealth V. Hunt United States 1842 Synopsis Commonwealth v. Hunt was a significant 1842 Massachusetts court case that considered the right to exist of labor unions. Also at issue was whether such unions had the right to strike‚ especially for the purpose of establishing a closed shop. Some charged that such labor activities constituted an illegal conspiracy. In both instances the court ruled that not only were trade unions legal‚ but they had the right to strike for a closed shop. The
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The Philippine Commonwealth Era The Commonwealth era is the 10 year transitional period in Philippine history from 1935 to 1945 in preparation for independence from the United States as provided for under the Philippine Independence Act or more popularly known as the Tydings-McDuffie Law. The Commonwealth era was interrupted when the Japanese occupied the Philippines in January 2‚ 1942. The Commonwealth government‚ lead by Manuel L. Quezon and Sergio S. Osmeña went into exile in the U.S.‚ Quezon
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The 2010 Commonwealth Games‚ officially known as the XIX Commonwealth Games‚ were held in Delhi‚ India‚ from 3 to 14 October 2010. A total of 6‚081 athletes from 71 Commonwealth nations and dependencies competed in 21 sports and 272 events. It was the largest international multi-sport event to be staged in Delhi and India‚ eclipsing the Asian Games in 1951 and 1982. The opening and closing ceremonies were held at the Jawaharlal Nehru Stadium‚ the main stadium of the event.Prince Charles‚ Prince
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College of Commerce P. del Rosario St.‚ Cebu City ------------------------------------------------------------------------------- An Analysis of the Philippine Fast Food Industry using Michael Porter’s Five Forces ------------------------------------------------------------------------------- Submitted to: Ms. Joyce Yang Submitted by; Group 9
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Introduction The model of the Five Competitive Forces was developed by Michael E. Porter in his book Competitive Strategy: Techniques for Analyzing Industries and Competitors in 1980. Since that time it has become an important tool for analyzing an organizations industry structure in strategic processes. Porter’s model is based on the insight that a corporate strategy should meet the opportunities and threats in the organizations external environment. Especially‚ competitive strategy should base
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Michael Porters competitive force model is used to displays how information technology can upgrade the competitiveness of a corporation. It is also used to develop strategies to increase competitive edge. Competitive strategy must grow out of a sophisticated understanding of the structure of the industry and the industry is constantly changing. Regardless of the industry‚ Michael Porters five forces will bring forward your strengths and weakness. The five forces are: The threat of new entrants‚
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Innovative Integrated Management System (IIMS) for Sustainable Food Industry Assoc. Prof. Dr. Prasert Suttiprasit Director of The Centre for Standards and Quality Development of Production and Services Sukhothai Thammathirat Open University Nonthaburi 11120‚ Thailand Tel. +668-1346-9000 Email. prasert_sp@yahoo.com ABSTRACT It is evident that the long-term survival and growth of global food industry depend on the availability and efficient use of raw materials‚ energy and water and other
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