“FINDING YOUR STRATEGY IN THE NEW LANDSCAPE” By: Pankaj Ghemawat Executive summary: The economic health of the world became worse after the global recession of 2008. The general impact of this catastrophe crashed not only the manufacturing sector but also the service sector as well globally. Most of the times it limited the various activities of the cross border commerce. The FDI has plunged down by 40% dramatically within the span of one year. Such trends in the economy can invite weak global
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multinational companies (MNC) can help them benefit from these opportunities. The main issue of this article is to address how an MNC should review its expansion strategy in this hostile post recession operating environment. The author highlights the need of changes in several business processes. Beginning from the change in organizational strategy‚ the author recommends MNCs to address the changes required in target markets and products‚ rethink about the locations for operations and be more innovative
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NEW GLOBAL STRATEGIES FOR COMPETITIVE ADVANTAGE 1. High intensity domestic competition breeds international success. 2. In the diamond-shaped chart‚ there are key elements of it success is to be sustained: Company strategy (structure and rivalry)‚ factor conditions‚ demand conditions‚ related and supporting industries. 3. The home base shapes a company’s capacity to innovate rapidly in technology and methods and to do so in the proper directions. 4. A global strategy supplements
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Revision Q1) Porter`s Five Forces Strategies for overcoming the influencers. * Threat of new entrants * A way of trying to eliminate threat of new entrants would be to create economies of scale. This approach would make it harder for new entrants to reach high scale production‚ as they would have higher costs. This is what Samsung and Apple are trying to do at the moment‚ by building large economies of scale. But at the same time‚ ZTE a Chinese company‚ started selling the cheapest Android
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FACULTY OF INDUSTRIAL TECHNOLOGY DEPARTMENT OF INDUSTRIAL AND MANUFACTURING ENGINEERING TITLE: Design of a generic beverage manufacturing plant using Systematic Layout Planning NAME : SHEPHARD T. MOTSI STUDENT ID : N005 1119D MAY 2012 This dissertation is in partial fulfilment of the BEng (HONS) in Industrial & Manufacturing Engineering. DEDICATION To‚ This write up is dedicated to the late Mr & Mrs Motsi‚ may your soul continue to rest in eternal peace!
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Scorecard is and its application. What is a Balanced Scorecard? A strategic and management system that is used extensively in business and industry‚ government‚ and non-profit organizations worldwide to align business activities to the vision and strategy of the organization‚ improve internal and external communications‚ and monitor organization performance against strategic goals. This is a tool to be used by managers to keep track of the execution of activities by the staff within their control
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Beyond Porter – A Critique of the Critique of Porter The writings of the American managementguru and Harvard-Professor Michael E-Porter are considered to be among the most influential of their subject – and among the most critiqued ones. Porter had a lasting influence on strategic management with his books about competitive advantages on industry level and on global level‚ which were written in the eighties. Porter’s models like the Five Competitive Forces‚ the Value Chain or Porters Diamond have
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Everywhere you look there is a new coffee house being built. People can substitute other coffee shops‚ convenience stores or fast food restaurants that serve coffee or other items like tea‚ soda and coffee from home; also‚ the switching cost are low for the consumer. All of this combined means the threat of substitutes is extremely high in this case. The fourth item in Porter’s model is the threat of new entrants. The threat of new entrants refers to the ability of new competition to enter the market
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Generic Visual Perception Processor (GVPP) PPT Download | Definition of Generic Visual Perception Processor GVPP The ’generic visual perception processor (GVPP)’ has been developed after 10 long years of scientific effort . Generic Visual Perception Processor (GVPP) can automatically detect objects and track their movement in real-time . The GVPP‚ which crunches 20 billion instructions per second (BIPS)‚ models the human perceptual process at the hardware level by mimicking the separate temporal
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Introduction Air New Zealand Limited was incorporated in 1940 registered in New Zealand‚ initially founded as Tasman Empire Airways Limited. Air New Zealand is a government owned airline based in Auckland; the exterior design of the aircraft carries the national flag. It provides air passengers international and domestic transport services to 48 destinations. Focus cities include Wellington International Airport‚ Christchurch International Airport‚ and Los Angeles International Airport. “Air New Zealand
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