household expenditure is spent on food while 62% of expenditure is spent on non-food and services. Among non-food items‚ 5.3% is spend on clothing‚ textile and foot wear and indicating a spending growth from Rs.903 to Rs.1342. Hence generating a business idea around this industry would be a good opportunity. Looking into the Sri Lankan context there is a high competition in the standardize retail market with big companies such as ODEL‚ Cotton collection‚ Mondy etc. competing to attract customers to their
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profitability; the more profitable the industry the more attractive it will be to new competitors. Threat of new entrants‚ sources. 1)Economies of scale‚ 2)Product differentiation‚ 3)Cost disadvantages independent of size‚ 4)Access to distribution channels‚ 5)Government Policy. Threat of substitute products or services The existence of products outside of the realm of the common product boundaries increases the propensity of customers to switch to alternatives. For example‚ tap water might be considered
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1. Discuss Porter’s Five Forces of industry competition‚ with relation to the entry of Southwest Airline in the airline market. The Porter’s Five Forces are as followed: Rivalry: The rivalry factors that could influence Southwest include high fixed costs‚ excess capacity‚ low differentiation‚ and price war. Fixed costs in the industry mean the costs of planes‚ fuel‚ pilots‚ flight attendants‚ and additional staff for luggage and customer service. All of these factors need to meet governmental
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Cole Porter Some of the cleverest‚ funniest‚ and most romantic songs ever written came from the pen of Cole Porter. He was unmatched as a tunesmith‚ and his Broadway musicals from “Kiss Me Kate” and “Anything Goes” to “Silk Stockings” and “Can Can” set the standards of style which today’s composers and lyricists aspire. Born in Peru‚ Indiana in 1891‚ Porter studied music from an early age‚ and began composing as a teenager. Cole Porter’s name derives from the surnames of his parents‚ Kate Cole
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10. CybAero AB Porter Five Forces analysis (Aerospace and Defense Industry) Threat of substitute products and services: MEDIUM There are currently many alternatives to aircraft travel‚ including cars‚ rail‚ and ship. Depending on distance‚ air travel has a significant advantage as far as speed and convenience. High speed rail may be a significant competitor. Also‚ as more people use the internet to teleconference‚ air travel may become less necessary in the business community. Other aerospace products
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IDEAS AND TERMS A. Etymology Greek word‚ ‘eidos’ which means image Our mind contains ideas which are formed through our encounter with reality – with everything knowable through the human mind. Definition IDEA is defined as the representation of the essence of a thing in the mind. Expressed differently‚ an idea is a mental (intellectual) image or a picture of the object of the mind which is the result of comparison‚ reflection or abstraction. Being a representation of the essence of a thing in the
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Five Forces model to analyse the competitive environment of easyJet. NB Given the nature of the competitive environment‚ the relative strength of the forces may differ over time – with some factors changing altogether. It is important that such analysis is undertaken regularly to ensure it reflects the current situation. We will now consider each of the forces in turn. • Rivalry among existing firms in the market There is considerable rivalry in the airline industry between new and
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Introduction: The main idea of a multiple regression analysis is to understand the relationship between several independent variables and a single dependent variable. (Lind‚ 2004) A model of the relationship is hypothesized‚ and estimates of the parameter values are used to develop an estimated regression equation.(abyss.uoregon.edu) The multiple regression equation used to describe the relationship is: Y’ = a + b1X1 + b2X2 + b3X3 + . + bkXk. It is used to estimate Y given selected X values
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Gabriella Thompson 8-8 October 11‚ 2012 Poetry Analysis The Yellow Wonder of the World The poem “Daffodils” by William Wordsworth is a beautiful poem overflowing with impressive literary devices. In this poem the speaker finds he wandering alone and upon seeing a wonderful field of daffodils‚ is enlightened. He describes these daffodils along with their surroundings‚ excited and brightened by them. Later the speaker describes how each time he is in discomfort‚ he thinks of the scene of daffodils
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Executive Summary Porter Airlines is a continued success in the short haul air travel business. Its low cost structure has enabled them to be proactive in the industry and gain a fairly large market share. Porter’s strategic successes include its quick turnaround time upon departure and arrival‚ its competitive ticket pricing‚ web ticket sales and its exceptional customer service. In addition‚ Porter’s low cost and low maintenance on their Q400 turboprops give them a competitive
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