International Journal of Trade‚ Economics and Finance‚ Vol. 1‚ No. 2‚ August‚ 2010 2010-023X The Use of Michael Porter’s Generic Strategies in the Romanian Hotel Industry Ovidiu N. Bordean‚ Anca I. Borza‚ Răzvan L. Nistor and Cătălina S. Mitra‚ Abstract— Porter’s generic strategies remain one of the most widely accepted typology of strategic options for businesses. Using a survey a sample of 69 hotel managers from the Nord-West part of Romania was questioned about their current strategic
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Text and Discourse The nature of text When we think of a text‚ we typically think of a stretch of language complete in itself and of some considerable extent. However‚ there appears to be a problem when we have to define units of language which consist of a single sentence‚ but that fulfill the basic requirement of forming a meaningful whole in their own right. For example: “keep off the grass”. This text is complete in terms of communicative meaning. So‚ if the meaningful of the texts does not
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Michael Porter’s Generic Strategies According to Porter‚ strategies allow organizations to gain competitive advantage from three different bases: cost leadership‚ differentiation and focus. Porter calls these bases as generic strategies. Cost leadership emphasizes producing standardized products at a very low per unit cost for consumers who are price sensitive. Differentiation is a strategy aimed at producing products and services considered unique industry wide and directed at customers who are
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We can read it as a form of history‚ biography‚ or autobiography. We can read it as an example of linguistic structures or rhetorical conventions manipulated for special effect. We can view it as a material product of the culture that produced it. We can see it as an expression of beliefs and values of a particular class. We can also see a work of literature as a selfcontained structure of words - as writing that calls attention to itself‚ to its own images and forms. Viewed in this light‚ literature
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Jenny Maguire English- Americas Narrative Structure Paper 2/14/02 Known for his flowing descriptive and gothic style‚ Edgar Allan Poe does not appear to develop any obvious narrative structure in his work. His short stories are generally identified with the gloomy‚ desolate‚ and horrifically shocking sensations they spark within the reader. Particularly in his short story‚ "Ligeia‚" Poe seems to have done away with any sort of apparent structure within the story. Rather‚ he portrays it as a mixture
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You Get What You Pay For When you shop for groceries where do you stand in choosing either a generic vs. brand name product? Do you reach for the brand name box of Kraft macaroni and cheese‚ or would you rather pick up a generic box of macaroni and cheese to save that extra 10 cents? Is your decision based off a difference in taste or is it simply a matter of paying for quality of the product? What does spending more money on a brand name food product have to say about who we are in
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The history of cinema began with short films which were made before the appearance of feature films. Since then‚ short films experienced a difficult period surviving along with feature films until the mid 40s when double feature films became popular. In the 1950s short films had found a new place thanks to a rise of television. In the modern era‚ short films refer to “short subjects” and are made by independent film-makers with abundant themes. . “The furniture” is an Independent Lens Online Shorts
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Generic Data Compression Techniques Data compression schemes fall into two categories. Some are lossless‚ others are lossy. Lossless schemes are those that do not lose information in the compression process. Lossy schemes are those that may lead to the loss of information. Lossy techniques provide more compression than lossless ones and are therefore popular in settings in which minor errors can be tolerated‚ as in the case of images and audio. In cases where the data being compressed consist
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necessary item and can be found in many varieties at local grocery stores. However‚ some brands tend to overpower others. During our team marketplace assignment we compared two different detergents at two different locations. We compared Tide and the generic brand detergent at both Harris Teeter and Food Lion. We compared the differences and similarities of each brand. We also observed the positioning‚ prices‚ promotions‚ and distribution of both brands. These are all factors that determine how favorable
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* Identify the generic strategy adopted by a product or division of your firm and also a major competitor. Attempt to justify your answer by comparing with the industry average benchmarks (Price and Cost data). * Draw a value chain of your firm‚ mentioning key points of functional fit/ misfit with the above generic strategy. E.g. how will Operations /marketing support the identified strategy. Make recommendations for any change needed. ------------------------------------------------- 1a
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