ssPorter’s 5 forces analysis for Arcelor Mittal 1. Competitive rivalry: Industry rivalry is high: Arcelor Mittal is still ranked no. 1 in the world top steelmakers (World SteelAssociation‚ 2013) with a reported 96.1 tonesof crude steel in 2013‚ higher than 93.6 tones in 2012. In 2014 Arcelo Mittal produced around 119 tones crude steel‚ it is present in 22 countries‚ all over the world. Ranked no.2 is Nippon Steel & Sumimoto Metal Corporation‚ with 50.1 tones crude steel in 2013. However‚ many companies
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Essay : Junk Food #Draft 2 Published by MDMUAZZAM under on 11:08 PM Junk food is being blamed for causing many undesirable problems to children. It is referred to any food that is low nutritional value such as instant noodles‚ potato chips and chocolate bars. Takeaway foods‚ pre-packaging meals and sugary snack food are also included as junk food (Trab 2005). In response to the problem‚ I strongly believe that the sale of junk food should be banned. The first reason why junk food should be banned
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Introduction This case shows how global forces have impact on European brewing industry and how these companies are trying to overcome the obstacles. In spite of restrictions and awareness campaigning runned by the government‚ these companies are trying to grow through acquisitions‚ alliances and closures within the industry. Companies are concentrating on expanding their existence into other markets. Some other companies are concentrating on innovation‚ branding. Moreover they are fighting on cost
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Fast Food‚ Fast Death Almost 75% of people in the United States of America are considered to be overweight or obese. Food such as burgers and chicken nuggets are being consumed by the average American daily‚ this may indicate why our Nation’s waistline is increasing from the overconsumption of meat and unhealthy fats. Fast food is the leading cause for this spread of obesity in America providing the drug addicts with their fix‚ and due to ignorance and lack of motivation Americans are doomed to
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FAST FOOD RESTAURANT QUESTIONNAIRE Please take your time and be sure to answer every question. All responses will remain strictly confidential. 1. Have you visited a fast-food restaurant during the past 3 months? 1. Yes 2. No 2. If you have . . . About how often do you go to fast-food restaurants? 1. More than 10 times a month 2. 8-10 times a month 3. 5-7 times a month
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– Assignment 2 During 2011 significant industrial relation events took place in Australia. One significant event that was widely reported in the media and according to Catanzartiti and Kane (2012) “captured the interest of the mainstream press more than any other case during 2011”‚ was the Qantas Airways Limited (Qantas) dispute”. The Qantas dispute involved varying parties. These parties included Qantas employees and their representing unions‚ Qantas Management‚ the Minister for Tertiary
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What Is It? The Porter five force analysis was formed by Michael E. Porter of Harvard Business School in the year 1979‚ this model identifies and analyses 5 competitive forces that shape every industry‚ and helps determine an industry’s weaknesses and strengths. This analysis shows the overall attractiveness of an industry meaning how profitable it is. For example an unattractive industry would be the pure or perfect competition‚ because all profits turn to normal profit in the long run which means
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sustain a competitive advantage for the given company XYZ‚ would be Porter ’s Five Force Model. The Five Force model gives focus to the external environment of the organization. It reveals the source of competition in an industry‚ and the external influence‚ including the threats and opportunities that an organization has to face in order to gain a competitive advantage. The Value chain on the other hand‚ focuses on the internal analysis of the business activities. In this section we will be briefly be
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Diana Guzman EAP English Mrs. Nelson‚ Per. 2 May 1‚ 2011 The Opportunity to Learn‚ Is food Dangers? Most parents shop and cook for their children .As children grow older‚ they gain more responsibility and parents relinquish some control. Some parents think that their children are old enough that they forget to teach their children the importance of eating healthy and cooking. Some say that they are too busy and work too much to teach their children how to cook. Tom Small states that
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Purdue extension EC-722 Industry Analysis: The Five Forces Cole Ehmke‚ Joan Fulton‚ and Jay Akridge Department of Agricultural Economics Kathleen Erickson‚ Erickson Communications Sally Linton Department of Food Science Overview Assessing Your Marketplace The economic structure of an industry is not an accident. Its complexities are the result of long-term social trends and economic forces. But its effects on you as a business manager are immediate because it determines the competitive
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