Discuss the different components of Michael Porters ´´ the diamond of national advantage”. National prosperity is created not inherited. It does not grow out of a country’s natural endowments‚ its labor pool‚ its inters rates or its currency’s value. A nations competitiveness depends on the capacity of its industry to innovate and upgrade. They benefit from having strong domestic rivals‚ aggressive home based suppliers and demanding local customers. Innovation is what drives and sustains competitiveness
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Porter’s Five Forces Model versus A Blue Ocean Strategy Porter’s Five Forces Model‚ provided by Michael Porter‚ is an external environmental analysis tool for a specific market. This model emphasizes that in any existing industry‚ there are five competition forces: threat of new entrants‚ power of suppliers‚ power of customers‚ threat of substitute products‚ and intensity of competitive rivalry. In addition‚ these five forces can influence and determine the profitability of the enterprise. Using
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Canadian Women in the Workforce: 1940’s to the 1970’s The 1940’s to the 1970’s were 30 short years‚ but resulted in a huge revolutionary change to Canadian women and their place in the workforce. The women who lived during this time period fought for the rights that working women have today. Women went from working in their homes to working in stores‚ factories‚ and running the farm. There were plenty of things women had to overcome during this time‚ such as; filling in the job market during WWII
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Spanning Two Decade’s: The 50’s to the 60’s Similar? Or Distinctly different? "The postwar years are remembered as a time of affluence‚ consumerism‚ conformity‚ and stability‚ a time when American enjoyed an optimistic faith in progress and technology."(Heretta‚ pg.779) These words best describe the decade that Americas experienced in the 1950’s. It was age of dad’s always-right attitude and a culture that was family centered. The standard of living for American’s was the best in the world. The
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jacob stevens P R I S O N S O F T H E S TAT E L E S S The Derelictions of UNHCR T here are currently over 20 million people ‘of concern’ to the office of the United Nations High Commissioner for Refugees. Just over half of those are internally displaced or stateless‚ with 8 million having fled across an international border. Established in 1950‚ unhcr was charged by the 1951 Convention relating to the Status of Refugees with the protection of their interests: full political and economic rights in
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The Civil Rights Movement of the 50’s and 60’s Once upon a horrible time‚ the United States was a segregated country in which blacks were considered some sort of subspecies. Although the civil war addressed segregation it didn’t enforce it. While black and white citizens were becoming a group of equals in the north‚ the story was much different in the segregated south. Black citizens in the south still faced unequal treatment‚ wages‚ and were often persecuted by everyone from store workers to
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Imperialism Unit Essay Imperialism is the policy of extending the role of authority of a nation over a foreign country‚ usually in material gain. In the late 1800’s and early 1900’s‚ the United States went through an era of imperialism. At the time‚ the US was quite powerful‚ but was looking to continue to spread their territory‚ make themselves even stronger‚ and have multiple trade routes to have all the resources they needed and wanted. There were three major policies that the US
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Nokia can trace its roots back to 1865 and a pulp mill in south-west Finland. A century and a half later‚ Nokia’s handset business is being bought by Microsoft for €5.44bn after a troubled few years for the mobile phone giant. Here we track Nokia’s rise‚ and subsequent fall. 1865: Mining engineer Fredrik Idestam sets up a wood pulp mill at the Tammerkoski Rapids in south-western Finland. 1871: The Nokia name is born‚ inspired by the Nokianvirta river on the banks of which Idestam opens a second
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In 2007‚ Nokia combined its telecoms infrastructure operations with those of Siemens to form a joint venture named Nokia Siemens Networks. NSN has become a leading global provider of telecommunications infrastructure‚ with a focus on offering innovative mobile broadband technology and services. In 2011‚ Nokia joined forces with Microsoft to strengthen its position in the highly competitive smartphone market. Nokia adopted the Windows Phone operating system for smart devices and through their strategic
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struggle in the current economical climate. M&S is a successful company. In macro-environment‚ M&S obeys the government and protects the natural environment. Moreover‚ M&S is influenced by the factors of economic‚ social‚ and technological to make its business strategies. On the other hand‚ in micro-environment‚ the M&S has created a good and long-term relationship with the suppliers and customers. From the SWOT analysis‚ the most important factor for M&S is to satisfy customer needs. On the other hand
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