2.0 THREAT OF SUBSTITUTES PRODUCTS 3.1 Switching costs Switching cost is a negative cost that consumers get regarding to the changing suppliers‚ brands‚ or products (Investopedia 2012). There are four different methods of switching costs that involve when substituting to another product. The four different methods are learning cost‚ opportunity cost‚ implementation cost‚ and conversion cost. Each method has own different values‚ however these cost does not involved to the electronic industry
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Everyday‚ we live life as if we are safe from danger. However‚ disaster is always waiting around the corner and can strike us when we least expect it. Although such disasters can be catastrophic and hard to recover from‚ they are also beacons of opportunity because such disasters can keep us alert and aware of other possible similar events‚ and such disasters can also help us prevent or mitigate damage caused by future disasters. Once very tragic crisis shocked the whole world‚ yet it also brought
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The Big Idea Over 2500 years ago Aristotle proposed two laws of physics governing motion. One for ‘Earthly bodies’ (objects on Earth) that states objects naturally go in straight lines and one for ‘Heavenly bodies’ (objects in space) that states objects naturally go in circles. This idea held steady for 2‚000 years‚ until Isaac Newton in a triumph of brilliance declared that there is one law of physics that governs motion and he unified “earthly” bodies and “heavenly” bodies with the The Universal
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Opportunities 1. Kfc Malaysia KFC began with Colonel Harland Sanders. Today‚ KFC Malaysia continues to serve finger lickin’ good‚ succulent pieces of chicken. The flavourful blends of 11 herbs and spices give KFC’s delicious aroma. KFC prides itself as a fast-food restaurant that give customers great tasting chicken with a selection of home-styled side dishes and desserts to make a wholesome‚ complete and satisfying meal. In 2006‚ the successful first steps were taken to rebrand our Rasa Ayamas
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Moot: “Technology is a liberator‚ not merely an instrument of power or in any way a threat to humanity.” Views of Technology‚ Ian Barbour. In “Computers and Ethics in the Cyberage”‚ Hester‚ D. Micah and Ford‚ Paul J. Prentice Hall: 2001. Technology as a threat to Humanity. This claim of technology and its developments has been argued for more than a decade as it continues to evolve. Firstly‚ the noun ‘threat’ as defined by The Oxford Dictionary is ‘a person or thing likely to cause damage or
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Opportunity Cost Scarcity of resources is one of the more basic concepts of economics. Scarcity necessitates trade-offs‚ and trade-offs result in an opportunity cost. While the cost of a good or service often is thought of in monetary terms‚ the opportunity cost of a decision is based on what must be given up (the next best alternative) as a result of the decision. Any decision that involves a choice between two or more options has an opportunity cost. Opportunity cost contrasts to accounting
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blindly saying yes to everything is not such a good idea‚ it will open opportunities and also might put you in trouble‚ so It’s easy to see many plots in this movie are not gonna happen in our life‚ but it still give us an important idea‚ which is having a positive attitude to every opportunity can bring success to you. We couldn’t live like a yes man say yes to everything‚ but we can use the following skills to seize the opportunity‚ which are say “yes” more often‚ have a positive attitude ‚ take more
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Opportunities Daniel Kim One of the best ways to be succeeded is taking advantage of opportunities. Since all people experience various events and meet different people in their lifetime‚ they often have opportunities. However‚ most people do not take advantage of opportunities which can lead them success. I argue that taking advantage of opportunities is beneficial because it helps people build their future‚ brings other opportunities‚ and gives various experiences. When people experience
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management style and behavior shows that the company really needs fresh blood‚ even though he’s now dead or the company is going down. But when bad times came to the company‚ a the leader pass away and the company started to wane‚ there’s no better opportunity for a symbolic and transformation leader‚ a true leader that sees everything from everywhere‚ pulling all aside‚ while remaining true to her/himself. Innostat was a lone warrior with Jack Donally on his head‚ but when this situations happens through
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Introduction: Innosat is a Boston based public company that sells surgical equipments. Innosat started as a small manufacturing company of scalpels and other surgical equipments and gradually progressed to become world’s leading maker of prosthetic limbs and surgical implants. Most of its progress was achieved under the leadership of very passionate CEO Jack Donally. Jack Donally joined the team of Innosat as a sales person‚ and with a very aggressive sales techniques‚ he quickly managed to drive
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