Sonia’s smoothies 1) Nick calculated that of 200 customers who completed the questionnaire at the rock festival‚ the mean age was 23. The age distribution conformed to a curve of normal distribution with a standard deviation of 5. Calculate the number of customers aged 33 and over who featured in Sonia’s survey (33-23)÷5 = 2 2% of 200= 4 Answer= 4 2) With reference to the report on the UK smoothie market (appendix 2) analyse two limitations of using secondary sources as the
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ssPorter’s 5 forces analysis for Arcelor Mittal 1. Competitive rivalry: Industry rivalry is high: Arcelor Mittal is still ranked no. 1 in the world top steelmakers (World SteelAssociation‚ 2013) with a reported 96.1 tonesof crude steel in 2013‚ higher than 93.6 tones in 2012. In 2014 Arcelo Mittal produced around 119 tones crude steel‚ it is present in 22 countries‚ all over the world. Ranked no.2 is Nippon Steel & Sumimoto Metal Corporation‚ with 50.1 tones crude steel in 2013. However‚ many companies
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EXHIBIT 1 Porter’s 5 Forces: Computer Industry Threat of New Entrants: Medium With the standardization of most of the computer components‚ it becomes easy for customers to change their laptops. This leads to a moderate customer switching cost. The availability of direct-to-customer service and retailers‚ it becomes easy for customers to find their desired product as well as for companies to provide their products in less time and with reduced cost. If any new player wants to enter into the market
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Assignment1: Advantages and Limitations of Porter’s Five-Force Model Chaitanya K Mandyam American Public University System Michael Porter observed and explained the different levels of profitability across firms and industries by his “Porter’s Five - Forces”. The main factors that affect the difference are: 1. Threat of Substitutes‚ 2. Buyer Power‚ 3. Supplier Power‚ 4. Barriers to Entry/Threat of Entry and 5. Rivalry. He analyzed the importance of all these
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Porter five forces analysis From Wikipedia‚ the free encyclopedia A graphical representation of Porter’s Five Forces Porter five forces analysis is a framework for industry analysis and business strategy development. It draws upon industrial organization (IO) economics to derive five forces that determine the competitive intensity and therefore attractiveness of a market. Attractiveness in this context refers to the overall industry profitability. An "unattractive" industry is one in which the
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The United States had always been on the side of the Allies in World War II‚ however‚ they did not officially join the fight until the year 1942. They would supply the allied forces in clever ways to technically remain neutral‚ as well as cutting off Japan from trade in order to weaken them and stop their attempts to take over the pacific. Once the US joined‚ Japan was the secondary objective to Europe‚ but once Germany was defeated‚ they could focus on Japan. The battle of Marianas included a major
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having a child at 15‚ but at the same time trying to achieving her dreams. In the article‚ “Migrant child to college woman‚” asserts that with a positive mindset of hard work and perseverance you can achieve your dreams even after each fall you have. Maria Cardenas had lived that life‚ she became a women that overcame her abuse life in the past and achieved her goal of earning a degree in education. Cardenas demonstrates that by being brave enough to tell the school counselor of her abuser‚ her dad and
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Book/Film Interpretation Project Maria Full Of Grace Director Joshua Marston takes a refreshing approach to film making by deliberately avoiding stereotypical representations and overly violent depictions in his documentary-style movie Maria Full of Grace. Marston‚ born in 1968 in California and a newcomer to film making with editing and writing to his credits‚ was sharply dedicated to creating a realistic representation of the Colombian way of life. He spent five years on the project and I am
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If you were in my shoes during the Hurricane Maria‚you would feel worried like me! My hurricane experience was at Corozal‚ in the mountain‚in a cement house as the Hurricane Maria passed through Puerto Rico. I was with my parents and dog! First‚ I being terrorized in Corozal due to some terrain fell because of mudslides was not easy. My mother was focused praying because she heard a object hitting the window. She was frightened! Next‚ I was in the family room. My dog was barking loudly. Sometimes
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Rivalry Unlike what one would expect‚ KFC has little rivalry with similar fast-food chains in China. The primary reason is that their core products are different‚ as in they sell different kinds of fast-foods with very different tastes and styles. For example‚ if KFC raised its price for chicken by a small amount‚ Chinese chicken lovers who may not be as accepting to pizzas (many Chinese people strongly dislike the taste of cheese) are not going to switch to Pizza Hut just because the price
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