relative higher than their competition. The article also showed Costco’s overall retail strategy which has been key to their “anti-Wal-mart” image. II. Situation Analysis Internal Strengths S1 – Leading membership club chain in the US with 50% market share S2 – High annual sales S3 – High salaries and good benefits for employees/great price deals for customers S4 – Low employee turnover rate and theft incidents S5 – Low goods markup/great values S6 – Overall retail strategy Low costs on
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Philippine Airlines I. Executive Summary Philippine Air Lines also known as PAL‚ is the flag carrier and national airline of the Philippines‚ headquartered in the Philippine National Bank Financial Center in Pasay City. Philippine Airlines maintains aircraft with the highest degree of airworthiness‚ reliability and presentability in the most cost-effective manner; and conduct and maintain safe‚ reliable and cost-effective flight. It continues to achieve on-time performance on all flights it operates
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Gaming and Casino industry of the Philippines together with the detailed analysis of present environment through Porter’s Five Forces‚ the Macro environment with its Political‚ Economic‚ Social‚ Technological‚ Environmental and Legal Factors and the Future trends and Issues of the Gaming and Casino industry in the Philippines. Approximately 49 million or 54 percent of the Philippine population is of adult gaming age. In the Philippines‚ this gross number must be diluted to
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The Philippine Stock Exchange‚ Inc. ("PSE" or the "Exchange") is a private organization that provides and ensures a fair‚ efficient‚ transparent and orderly market for the buying and selling of securities. PSE traces its roots from the country’s two former bourses: the Manila Stock Exchange ("MSE") and the Makati Stock Exchange ("MkSE"). Founded in March 1927‚ the MSE was the first stock exchange in the Philippines and one of the oldest in Asia. Originally housed in downtown Manila‚ the MSE moved
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Philippines Economy: Booming‚ But Poverty and Unemployment Remain Problematic Shortly after my piece on the Philippines’ continuing structural economic vulnerabilities‚ which generated considerable controversy and heated discussions among experts and observers alike‚ the country’s stock markets managed to record new historic highs — breaching the 7‚000 mark and beyond. Meanwhile‚ Standard & Poor’s Ratings Services‚ following in the footsteps of Fitch Ratings‚ has just awarded the Philippines
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The Republic of the Philippines’ textile industry was established in the 1950s under the principle of import substitution industrialization‚ which promotes producing goods domestically rather than importing them from other countries. The textile industry comprises fiber production and the manufacturing of yarn‚ fabric and textile end-products. It consists of two sectors: the primary processing sector‚ comprising spinning‚ twisting‚ weaving‚ knitting‚ dyeing and finishing; and the secondary processing
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lined‚ he/she is rich‚ an elite member of the community. During those times‚ only the privileged have phones. Many would apply for a phone line‚ and application process can take up to 5 years‚ only to find out they have been rejected. In the 80s‚ the market became more accommodating and new telephone companies made their industry debut. New lines began operating and franchises were allowed nationwide. In the early 90s‚ about 2 of every 10 Filipino families have landline phones‚ with most of the lines
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Profitability of Beer Industry in the Philippines II. Introduction Oligopoly refers to the market situation that would lie between pure competition and monopoly. It is characterized by small group of firms that control the market for a certain product or service. This gives these businesses huge influence over price and other aspects of the market. This research focuses on the study about the two of the largest beer manufacturers in the Philippines ─San Miguel Brewery and Asia
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I. Case Overview Philippine Orient Airways (POA) is an airline company that focuses on domestic operations. They took part of the market share when the Company was incorporated in January 21‚ 1997‚ and formally started operations after receiving the Operator’s Permit from the Government. With granting of the 5-year Certificate of Public Convenience and Necessity (CPCN)‚ it gave POA the approval to provide scheduled services. The contract was extended to the next 25 years upon passing of the Legislative
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- All firms are price takers - All firms have a relatively small market share - Buyers know the nature of the product being sold and the prices charged by each firm. - The industry is characterised by freedom of entry and exit. Perfect competition is a theoretical market structure. It is primarily used as a benchmark against which other market structures are compared. The industry that best reflects perfect competition in real life is the
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