Read the following 2 articles for incoming tutorial.. As Poverty Shrinks‚ Should We Worry About Inequality? – Kenneth Rapoza Forbes Magazine Thanks to global capitalism‚ there are much less poor people running around the world today than there was a decade ago. But there are also more rich people. Way more. And in rich countries‚ there are less middle class. So even as poverty is shrinking‚ inequality is rising among income levels as the new global plutocracy takes shape. Today‚ 43% live on less
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Pos niye annual report e kisu nai.niche jeta disi iota debit card r under e.akhan theke pos niye kisu likhle likha jay Pos machine Debit is issued against Savings and Current account to facilitate TM‚ POS transactions all ATMs (2‚800+ units) of Bangladesh to access their account 24X7 in 365 days. Card holders are able to purchase in VISA enabled POS machines (24‚000+ units) in various merchant locations all over Bangladesh. Debit Card Operations including New Issuing‚ Replacement‚ Activation and
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New Venture Porter five forces – the pure competition model implies that the risk adjusted rate of return should be constant across firms and industries. However‚ there is number of economic studies have affirmed that different industry could sustain different levels of profitability. Part of the difference is explained by industry structure. Michael Porter has provided a framework to identify an industry as being influenced by five forces (Anon‚ 2010). Barriers to entry It can be complicated
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The Gift of the Magi by William Sydney Porter Xinyan Zhu September 2‚ 2012 Comp1102 /Fall Mrs. Chambers The Gift of the Magi by William Sidney Porter William Sidney Porter‚ better known under his pen name “O. Henry”‚ born September 11 1862 in Greensboro North Carolina. Accused of embezzling bank fund‚ Henry was arrested and sentenced to three years in prison. During this dark period in his life‚ he begin his literary career with his stories that were to be collected in his first book
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The effects of different management styles on personnel as well as how to keep the organization an ideal place to stay and grow with. It also involves the discussion on how a manager’s job is changing and the factors affecting it. BUILDING A BETTER BOSS Introduction Since the early days of Google‚ people throughout the company have questioned the value of managers. That skepticism stems from a highly technocratic culture. As one software engineer‚ Eric Flatt‚ puts it‚ “We are a company built by
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With Porter five forces framework‚ we identify the sources of competition facing IBM:-1.Threat of new entrantsHigh capital requirement needed to fund R&D and assets make the threat of new entrants relatively low. IBM spends large amount of funds annually for R&D‚ in order to constantly introduce new high-technology and innovative products and solutions to market to maintain its’ competitiveness‚Tougher for new entrants to achieve economies of scale due to experience curve effect. In addition‚ Consumers’
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confronts‚ numerous cruise lines report record levels of productivity. This analysis will calculate the leisure-cruise industry and help come to the conclusion on if entering the market is a great idea. This report will focus on the Porter’s Approach to Industry Analysis. Each force will be identified in their separate sections as well as the power of each force to permit a new entire in the market. Porter’s Six Forces Michael Porter‚ an authority on competitive strategy‚ contends that a corporation is
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Introduction of porter’s five forces…………………………………………………… 3 Costa Coffee Company Overview……………………………………………………… 3 Costa SWOT Analysis………………………………………………………………………… 4 Strength‚ Weakness‚ Opportunities and Threats Costa PESTLE Analysis……………………………………………………………………….. 6 Political‚ Economic‚ Socio Cultural‚ Technological‚ legal and Environmental Porter’s Five Forces Analysis……………………………………………………………….8 Threat of new entrants…………………………………………………………………8 Threat of substitute product
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Factor Conditions Although Brazil has a large workforce of 100 million people‚ it was perceived to lack flexibility due to difficult labor regulations‚ .costly labor requirements and rigid hiring/firing practices. These labor practices were viewed as a barrier in keeping workers in a low-productivity sectors and stifling upward mobility. Inflexible labor market also diminished national productivity‚ and reduced tax intake. Furthermore‚ the sub-par education system in the country has contributed
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The Leisure- Cruise Industry Major: Marketing Porter’s Six Forces I. Threat of New Entrants: Low * Barriers to entry: High * High Capital Requirements: The capital required to start up a cruise line is one of the key factors contributing to this industry’s high barriers to entry. With the average cost of building a cruise ship rising‚ the amount of capital needed to start up a cruise line is estimated at one billion dollars. Therefore discouraging any new entrants into the industry.
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