According to the first class‚ the power point showed that the pharmaceutical industry is the most profitable industry. Based on the Porter’s five forces model‚ there are convincing explanation why the pharmaceutical industry has big profitability. For the threat of new entrants perspective‚ it is high. The pharmaceutical industry has a big barrier to prevent newcomers to enter this industry such as R&D costs‚ patents limitation‚ the long length of clinical time‚ the percentage of FDA to approve drug
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Can BOSS tune to their SUBORDINATES? -Presentation based on McKinsey Article-Why good bosses tune in to their people- by Robert Sutton Difference Between YOU and BOSS When you take a long time‚ you’re slow. When your boss takes a long time‚ he’s thorough. When you don’t do it‚ you’re lazy. When your boss doesn’t do it‚ he’s too busy. When you make a mistake‚ you’re an idiot. When your boss makes a mistake‚ he’s only human. When doing something without being
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Mobile computing has revolutionized the way we do business‚ shop and communicate. Let’s break down briefly how mobile computing has an effect on each of the Porter’s five forces. 1. Bargaining Power of Suppliers Mobile computing gives suppliers more bargaining power‚ especially with the integration of social networking. There is variation of services and personalization that is readily available with so much customer input. Considering supplier costs‚ development is either costly or it isn’t
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[pic] PGCIM Unit 1 Assignment Kelly Moore December 2009 Should Rimi Baltic expand into the United Kingdom as a Discount Grocer? Word Count: 2473 Introduction: Rimi Baltic is the 2nd largest retailer in the Baltic States at 20.6% grocery share‚ behind VP Market who lead the market with 22.6% share (1). As a subsidiary of ICA Baltic AB (13.9% of sales)‚ Rimi Baltic focussed its growth in Lithuania and Latvia‚ allowing period of underperforming in Estonia
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Both concentrate and bottling businesses are interrelated‚ because they create one product‚ but at different stages‚ they have the same consumers‚ however‚ there is a big difference in the structure and most significant is gaining profitability. 5 forces structure of both businesses would help to explain the phenomenon: The power of suppliers: Concentrate and bottling producers would need sugar and corn syrup‚ flavors‚ sweeteners‚ packages and some other additives suppliers. However‚ they are not
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[pic] ----------------------- Substitutes Beer‚ Milk‚ Coffee‚ Bottled Water‚ Juice‚ Tea‚ Powdered Drinks‚ Wine‚ Sports Drink‚ Distilled Spirits‚ Tap Water etc… There is a wide array of substitutes that consumers may choose. These products are widely and easily available at low price. Hence the threat posed by these substitutes exist at a high level. However these risks can be mitigated through diversification and offering more products in the portfolio. Since the range and the number of
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The film ‘Hugo’‚ directed by Martin Scorsese was released in 2011. It encapsulates the story of Hugo Cabret: an orphan boy who lives in a 1930s train station in Paris. His job was to oil and maintain the clocks in the station‚ however‚ he considers protecting the notebook and fixing the broken automaton that his late father had left him much more important. One particular day‚ Hugo meets Isabelle and quickly befriends her. Soon after‚ they embark on a thrilling adventure‚ in which Hugo is determined
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scanning for a business organization. Question 2 Word Limit : 1000 words Conduct a detailed SWOT and Five Forces analysis for a business organization that you are familiar with in about 1000 words. Importance of Conducting Environmental Scanning for a Business Organization The success of certain organizations depend on the environment in which it ’s operations are conducted in. The success of the organization then depends on the dependency of the environmental
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price and high quality dinners. The opportunities and threats are mainly the same for that strategic group‚ the entry into another group might be desirable and would result in a diversification strategy. Industry Structure According to Porter’s Five Forces Model‚ the restaurant industry is highly competitive. The rivalry among established companies is
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The episode of undercover boss is about an airways‚ who the president and the CEO is Bryan Bedford‚ to help and find the problem that is ocuring‚ himself will work undercover like a flight attendant with others employees. One of the things that he perhaps in the front line of the employees is that the communication of the personal was very bad between the management and the employees. To distinguish many problems he work on cleaning the airplane‚ checking the baggage‚ cleaning the toilets and also
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