basketball has some type of force working upon it. For example‚ without friction a basketball player would be unable to stop because inertia states that objects in motion tend to stay in motion. Without friction acting upon the player‚ there is no force to stop him‚ until he hits a wall that is. With this information you can come to the conclusion that without forces‚ there would be no game of basketball. However‚ what exactly is a force? Webster’s dictionary defines force as a push or pull that can
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Labor force Labor force is the total number of persons available to supply the labor for the production of economic goods and services. In other words‚ it is the total number of people of working age in a country who are able and willing by law to work. It is the active or working population and it comprises all persons who have jobs and those who are seeking for jobs in the labor market. They are normally found between the age bracket of 18 to 65 years. Working population varies from one country
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Global is a comprehensive international strategy through which the company offers standard products through the territorial markets‚ and the competitive strategy is prescribed by the central office. India has a few companies that offers products and services for other countries. Multi- domestic Strategy A multi-domestic strategy is one in which the strategic and operational decisions are decentralized to strategic business unit in each country‚ so as to allow said unit create products tailored to
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Sales Force In the beginning of the simulation‚ Allround started with 135 members of the sale force. A well equip and knowledgeable sales force can also help a company deliver more value to the customer (Winer & Dhar‚ 2016). The decision to add or contract the sale force was based on the simulation reports and the competitor’s sale force. From the beginning of the simulation‚ we came to a realization that sale force plays a pivotal part of the simulation‚ having the right amount of sale person per
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The Five Forces Model (developed by Dr. Michael Porter of Harvard University) serves as a framework for examining competition that transcends industries‚ particular technologies‚ or management approaches. The underlying fundamentals of competition go beyond the specific ways individual companies go about competing (i.e. StrengthsWeaknesses-Opportunities-Threats (SWOT) analysis; the 4P’s of marketing: product‚ price‚ place‚ promotion). The underpinning of this framework is the
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What Is It? The Porter five force analysis was formed by Michael E. Porter of Harvard Business School in the year 1979‚ this model identifies and analyses 5 competitive forces that shape every industry‚ and helps determine an industry’s weaknesses and strengths. This analysis shows the overall attractiveness of an industry meaning how profitable it is. For example an unattractive industry would be the pure or perfect competition‚ because all profits turn to normal profit in the long run which means
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POLITICS DOES NOT ONLY HAPPEN IN THE GOVERNMENT POLTICS AS PUBLIC AFFAIRS State DIFFERENCE OF GOVERNMENT AND PUBLIC AFFAIRS PUBLIC PRIVATE State Civil Society Institutions of the State ( apparatus of government‚ infrastructure‚ economy‚ taxes Autonomous bodies (family‚ kinship groups‚
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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
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Science Notes: Fundamental Forces of Nature All forces in nature may be classified into four types. The gravitational force holds together the universe at large‚ plus the atmosphere‚ water‚ and us to the planet Earth. The electromagnetic force governs atomic level phenomena‚ binding electrons to atoms‚ and atoms to one another to form molecules and compounds. The strong nuclear force holds the nucleus together. The fourth force‚ the weak nuclear force‚ is responsible for certain types of nuclear
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2. If Brenda Crohn’s guesstimates and estimates are wrong‚ how might that change your decision? At what number of applicants os there an economic breakeven between the two types of ads? Brenda thinks we should use the current trade journal ads because the quality of the applicants generated off an internet job site may not be as good as those from our current trade journal ads. Besides that‚ Brenda said they should get to consider the cost as well as the number of qualified applicants. She likes
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