Solution: Answer 1: (15 marks) There are different ways of doing competitive analysis. Out of which Porter five forces model and SWOT analysis are most appropriate as they both provide strong guidelines for doing competitive analysis for strategy making. Rationale for Porter Five Forces model: 1. Five forces model specifically focus on buyers‚ suppliers‚ substitutes‚ new entrants and rivalry. 2. According to Porter these five forces state the rules of competition so it can be a handy tool for strategy
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NAFTA and the Mexican Trucking Industry NAFTA was officially sign in December of 1993 and went into effect at the beginning of 1994. The agreement included the three largest nations in North America‚ the United States‚ Canada‚ and Mexico. Originally thought of by Ronald Reagan in the early 1980s he proposed for a common market in North America‚ where many of the neighboring countries did the majority of their trading. Negotiations originally started in 1986 and an original agreement was signed
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SS2200 EOL 31 NAFTA: Good or Bad for the economy I choose NAFTA as my topic because most people have strong opinions as to how NAFTA has affected the economy and whether it has had major significance on the job market. I figured that I would provide NAFTA’s advantages and disadvantages and provide my opinion. NAFTA has had some advantages‚ for example NAFTA created the world’s largest free trade area‚ linking about 440 million people and producing $17 trillion in goods and services annually
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International Business Case 8: NAFTA and the U.S. Textile Industry NAFTA AND THE U.S TEXTILE INDUSTRY NAFTA (North American Free Trade Agreement) In 1988‚ the U.S and Canada agreed to enter into a free trade agreement‚ which took effect in January 1st 1989. Their aim was to eliminate all tariffs on bilateral trade between U.S and Canada. Then in 1991 U.S‚ Canada and Mexico aims at establishing NAFTA. It went into effect in 1994. Many
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Solved Example on Job Rotation‚ Job Enlargement and Job Enrichment Q. Westside store currently has the following departments:- - Men’s Apparel - Women’s Apparel - Kid’s Apparel - Footwear - Homestore There are 6 salesmen working in each department‚ 2 cash counters with 3 cashiers each‚ 1 Customer Care Department with 2 employees. Each department has a senior sales executive who ensures the smooth running of the department‚ 1 stockist who checks the inventory
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ASEAN Legal: There are different legal issues that could arise from introducing Clean Energy to ASEAN countries; the duration of the incorporation processes and restrictions differ widely between each country‚ and there are procedural steps which need to be considered. A good indicator used to compare countries in terms of legal restrictions in foreign businesses is the ease of establishment index‚ which bases itself on areas such as the minimal capital requirements‚ requirements of an investment
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References: European Commission‚ Trade‚ Retrieved from http://ec.europa.eu/trade/policy/eu-position-in-world-trade/ Huffington Post‚ Business‚ Has NAFTA Benefited Americans? Michele Nash-Hoff; Retrieved from http://www.huffingtonpost.com/michele-nashhoff/ Investopedia‚ Dictionary‚ Retrieved from http://www.investopedia.com/terms/n/nafta.asp World Trade Organization (WTO) Retrieved from http://www.wto
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NAFTA/EU The North American Free Trade Agreement (NAFTA) is an agreement signed by the governments of Mexico‚ Canada and the United States. It creates a three way trade bloc in North America. The agreement was made on January 1‚ 1994. The trade bloc is the largest in the world as of 2010. The European Union (EU) is an economic and political union of 27 member states which are located mainly in Europe. Its capital is de facto Brussels. The EU operates through a system of independent institutions
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ASEAN ECONOMIC COMMUNITY FACTBOOK ASEAN ECONOMIC COMMUNITY FACTBOOK The ASEAN Secretariat Jakarta The Association of Southeast Asian Nations (ASEAN) was established on 8 August 1967. The Member States of the Association are Brunei Darussalam‚ Cambodia‚ Indonesia‚ Lao PDR‚ Malaysia‚ Myanmar‚ Philippines‚ Singapore‚ Thailand and Viet Nam. The ASEAN Secretariat is based in Jakarta‚ Indonesia. For inquiries‚ contact: The ASEAN Secretariat Public Outreach and Civil Society Division 70A Jalan
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achievements of ASEAN SUBMITTED TO SUBMITTED BY Mrs. Jigasa Srivastav Saurabh Kumar Member countries The member countries of the Association of Southeast Asian Nations (ASEAN) are Indonesia‚ Malaysia‚ Philippines‚ Singapore‚ Thailand‚ Brunei Darussalam‚ Vietnam‚ Laos and Myanmar. The countries of Association of Southeast Asian Nations (ASEAN) have a combined population of 890 million and now constitute one of the fastest growing regions in the world. The ASEAN economy has grown
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