environmental conditions are price wars most likely to occur in an industry? What are the implications of price wars for a company? How should a company try to deal with the threat of a price war? Price wars are most likely to occur when the following conditions are present in an industry: the product is a commodity‚ exit barriers are substantial‚ excess capacity exists‚ the industry is consolidated‚ and demand is declining. A price war constitutes a strong threat. It is difficult for companies
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1. How did AirAsia’s short-haul business build its competitive advantage? AirAsia introduced themself as the first LCC in SE Asia region‚ by providing no-frills‚ casual short-haul service without serving meal‚ mileage point‚ or lounge etc. Which attracts newcomer customers who sensitive in price. AirAsia’s competitive advantages are comprised of both Cost Leadership and Differentiation with clear market positioning and brand image. Start from Acquisition from Malaysian government‚ Tony Fernandes
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nditions‚ in 2008‚ Best Buy Co. asked its employees toseparate from the company on voluntary basis (ecoustics‚ 2008). This strategy allowed thecompany to settle down in the market to some extent. By the end of fiscal year 2008‚ its revenueshowed remarkable stability and consistency proving the decision of cutting down work forcewas right (ecoustics‚ 2008).Corporate partnership with C P W has helped the company to perform better in the adverseconditions of the economy and markets. Early this year
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mainly caused by the shortage of resouces and capabilities as well as tactics definition and execution rather than strategy itself. Since Sears Domestic has a non-competitive cost structure in comparison with its key competitors (e.g. Walmart‚ Target‚ Home Depot‚ etc.) ‚ it is wiser to pursue differentiation strategy than low-cost strategy. In addition‚ Sears need more focus on customer segments to compete. Therefore‚ in our recommendations‚ we will put emphasis on action plan in order to materialize
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Niccolo Machiavelli’s The Prince‚ written in the 1500’s‚ is still the most referenced piece of literature on the subject of leadership. The suggestions that Machiavelli made centuries ago remain clear and effective to this day‚ and leaders throughout history have been influenced by the writing. At one point in The Prince‚ Machiavelli wrote that common people can be satisfied easily‚ as all they desire is not to be oppressed. Following in the words of Machiavelli‚ Abraham Lincoln desired nothing more
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There has been constant debate on weather leaders are born or are they made. There are leadership theories to support this statement or to disprove this statement. This idea is backed up by the trait theory which says that all good leaders are born with special traits that helps them become a good leader‚ and people with out those traits will not be able to become good leaders. However with the behavioral theories‚ things are focused on what a good leader actually does compared to only focusing on
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THE LOW FIVE After reading the story of the Low Five‚ it appears the new coach Shirley did not understand the complete concept of the leadership process. She was peering through the lens of only her coaching role‚ and not the lens of the basketball team‚ which were her (followers) and the leadership Situation which was her (method of training). I believe if Shirley had been willing to view all three lenses of the interactional framework surrounding leadership process‚ her vision would have
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psychology of leadership to choose the leader of an organization 1.0 Introduction In recent years‚ the theory of leadership is increasingly being used in the study of management. The leadership theory can help to improve the leader’s comprehensive qualities and achieve the common goal of an organization. Western leadership theory‚ especially the US-led theory‚ there are two research directions: First‚ start from the leaders to study leadership theory; second‚ start to study leadership theory
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study “Air Asia: Flying Low-Cost with High Hope” TengAmnuay Thanat 1. How did AirAsia’s short-‐haul business build its competitive advantage? LCC Value Chain Aircraft fleet Cost Leadership Using the same Airbus A320-‐200 -‐ Lower cost in terms of
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the rivals ......as an anti-sentimental comedy Undoubtedly Sheridan’s purpose in writing “The Rivals” was to entertain the audience by making them laugh and not by making them shed tears. “The Rivals” was written as a comedy pure and simple. Though there are certainly a few sentimental scenes in this play yet they are regarded as a parody of sentimentality. The scenes between Faulkland and Julia are satire on the sentimental comedy which was in fashion in those days and against which Sheridan
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