Arab and the Greek sailors during the medieval era. The myth started in Europe and then was passed down to Africa and America. The sailors claimed to see mermaids while traveling across different parts of the ocean. They say that Christopher Columbus claimed to see three mermaids in the oceans near Haiti in January of 1493. He said that they were not as pretty as everybody said they were. A mermaids description entails a human upper body and a lower body resembling a fish. Some feel that they
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Porter’s Five Forces of Competitive Framework: Porter’s five forces of competition framework view the profitability of an industry as determined by five sources of competitive pressure. These five forces of competition include three sources of “horizontal” competition: competition from substitutes‚ competition from entrants‚ and competition from established rivals. Two sources of “vertical” competition are the power of suppliers and power of buyers. Following are the sources of “horizontal”
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Ocean Carriers Objectives • Forecast pro-forma cash flows for a project • Estimate project values using Net Present Value (NPV) • Conduct sensitivity analysis for the forecast inputs Setting • January 2001 • Customer offering attractive terms on 3-year lease for a capesize carrier • Would require purchase of new carrier since existing fleet does not fulfill customer needs • Should it be purchased? Industry Dynamics • Revenue Drivers • Outlook in the: –
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Blue ocean strategy generally refers to the creation by a company of a new‚ uncontested market space that makes competitors irrelevant and that creates new consumer value often while decreasing costs. The following guidelines may be proposed to companies seeking to create blue oceans: 1. Identify the key features/ dimensions that currently define a product/ service.2. Identify a group of customers who only value a subset of these features. These customers may be currently using lower end alternatives
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Driving forces of Aerospace and Defense industry Regulatory influences and government policy changes. The aerospace & defense industry remains a profitable yet challenging business. Global cuts in government spending‚ especially in the United States‚ will put significant financial pressure on companies‚ forcing them to realign their strategies and diversify their business models. The ongoing decrease of military operations in Iraq and Afghanistan coupled with reduced military budgets globally continue
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Ocean Carriers Case Expectations for Daily Spot Hire Rates Next Year Iron ore and coal imports will most probably decrease the upcoming year With the increasing supply of vessels should result in a market surplus By creating this surplus‚ prices will be driven down‚ since we will have limited demand and suppliers competing Average daily rates‚ based on historical numbers‚ have a direct relationship with the number of shipments. What Factors Drive Average Daily Hire Rates? u
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Porter’s 5 Forces for Li Ning | Li Ning | | | H for high force‚ L for low force | Match | Intensity of Competitive Rivalry | Number of competitors | H | 1 | | Industry growth rate | H | 0 | | Fixed costs (generally low in IT) | H | 1 | | Storage costs (generally low in IT) | H | 1 | | Product differentiation | H | 0 | | Switching costs | l | 1 | | Exit barriers | H | 1 | | Strategic stakes | H |
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The twelve year return-on-equity data for the Tobacco Industry of 27.9% is substantially above the all-industry average of 14.1% given in the Business Week data. Examining Porters five forces reveals the keys to the Tobacco industries superior profit performance. The price customers are willing to pay for a product depends‚ in part‚ on the availability of substitutes. The absence of close substitutes in the case of cigarettes means that consumers are comparatively insensitive to price increases
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Porter’s 5 forces analysis Potential entrants (threat) Samsung as mobile company is not even frightened of new entrants‚ because the capital needed to invest in this kind of industry is extremely high‚ which means that no too many investors try to gain a market share in mobile environment. BIBLIOGRAPHY \l 2058 This kind of threat is very low‚ with a high invest in R&D for the creation and innovation of unique products that exceed the consumer’s expectations and brand loyalty of their mobile
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The Hungry Ocean Many people think that fisherman is one of the most male dominated‚ most dangerous professions and not suite for woman. However‚ Linda Greenlaw‚ the captain of the Hannah Boden‚ has proved herself that female can be a fisherman. She breaks the beliefs and superstitious that women are “Jonahs” (bad luck aboard boats) and also make the world realized that gender discrimination does not play a part on her career. As for being female‚ she says‚ "it hasn’t been a big deal. I never anticipated
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