maximum local responsiveness ■ Customize product offering‚ market strategy including production‚ and R&D according to national conditions ■ Generally unable to realize value from experience curve effects and location economies ■ Possess high cost structure Global Strategy ■ Focus is on achieving a low cost strategy by reaping cost reductions that come from experience curve effects and location economies ■ Production‚ marketing‚ and R&D concentrated in few favorable locations
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PAPER 2 SECTION 2 Practice Essay Module B The Shoe- Horn Sonata *** “The Shoe- Horn Sonata” is a play by John Misto that gives an insight into two lives of two female POWs in WW II and is a vector of Misto’s thoughts. It explores the little known and often terrible events associated with female prisoners of war. The play follows a friendship of two women through the war to a point of tension that’s beyond what any normal friendship would have to deal with. Misto engages his audience by using a multitude
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the use of projected images‚ music and dialogue‚ distinctively visual texts represent challenging aspects of life effectively. This is portrayed through texts such as John Misto’s play The Shoe Horn Sonata‚ Kevin McDonalds docu-drama Touching the Void and Roberto Innocenti’s picture book Rose Blanche. The shoe horn sonata by John Misto is a play that deals with the brutality of World War 2 by locking at the stories of two financial characters‚ Bridie and Sheila. When he wrote the play‚ Misto was
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but then i suppose I gotta look at it in a positive way‚ had she have not slept with Lipstick Larry I wouldn’t be here today. I believe the saying is an eye for eye‚ I saved her at sea and she saved me in camp‚ so when I think about it that bloody shoe-horn saved us both‚ who would of thought‚ but was it worth it. After being cured of that pesky cerebral malaria I still had to face the Japs each day‚ day in‚ day out and I still had to eat rice almost everyday and I still had to watch some of my
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million customers/day The company began to shift increasingly to developing countries‚ especially China and other countries in the Pacific Rim. 1995-1996‚ Bata closed down 20% of its retails outlets due to loss profit caused by severe competition on shoe business. Return to Czech and Slovakia When leaving Czechoslovakia‚ the Bata’s properties and operation was taken over by the communists after WW II. 1/1993‚ Czechoslovakia was replaced by two independent countries: Slovakia and The Czech Republic
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view on an international well-known organization-Nokia Corporation on highlighting the basic purpose of management including ensuring the organization’s goals are achieved in an efficient and effective manner and perform the following tasks:- A.) PEST Framework. B.) Departmentalized by geographic location. C.) Social Responsibility. 2.0 NOKIA CORPORATION 2.1 Company Background The roots of Nokia go back to the year 1865 with the establishment of a forestry industry enterprise
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Open Government Strengths Weaknesses Opportunities Threats Politics Transparency Everyone’s opinion counts and has the potential to be heard Weakens national security ? Does too many cooks spoil the broth? Who ensures integrity and quality of data? Increased legitimacy and trust by more collaboration & participation from citizens Citizen takeover Too many opinions‚ not enough action (gridlock) Economics Reduced costs by citizenssourcing (Maybe increase
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PEST Analysis of Philips company All business entities are under the pressure of different factors inside and outside the organization. In order to survive in the global environment‚ companies in building their strategies have to aware of the outside forces such as political and economic situation inside the country and in the global community‚ new technologies in the market‚ socio and cultural influences. POLITICAL FACTORS Political factors that affect the activity of an organization are: tax
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1. Based on the economic freedom scales‚ what kind of differences do you think Bata might face in the Czech Republic and Slovakia? The Czech Republic is clearly further along in its progress to economic freedom than is Slovakia. In the Czech Republic‚ Bata is likely to face considerably less government intervention in its business than in Slovakia. Private property ownership and protection‚ property rights‚ and economic competition are likely to be more common in the Czech Republic. In
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Case 1: The Italian Shoe Company The Italian Shoe Company is a New York‚ family owned company now in its sixth generation. The company started in 1823 making shoes for men and women based on designs that were popular in the growing Italian community of New York. In the early years‚ it struggled to survive. But over the years‚ particularly from the start of the twentieth century‚ it has prospered. The sixth generation owner -Adamo Pedone- is a very wealthy person. Currently‚ the company produces
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