Fairfield Porter (1907-1975) was an American painter and art critic who studied socially relevant art and produced realist artwork during the majority of his career. Wanting to depict the “authentically lived experience” in each of his paintings‚ he painted in a representational style during the height of the Abstract Expressionism’s dominance. He did not find much inspiration to construct pieces stemming from abstract ideology. An example of Porter’s natural yet highly objective style of painting
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Diamond Model The approach looks at clusters of industries‚ where the competitiveness of one company is related to the performance of other companies and other factors tied together in the value-added chain‚ in customer-client relation‚ or in local or regional contexts Key Factors in a diamond model for analyzing competitiveness * Factor conditions are human resources‚ physical resources‚ knowledge resources‚ capital resources and infrastructure. Specialized resources are often specific for
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Food services (high) Bargaining power of suppliers: low. Food is a low cost industry; there is only a little price difference between different suppliers. The suppliers want to sell their raw material should accept the marketing price. Bargaining power of buyers: low The buyers can decide to choose a cheaper food because there is so many food service they can choose‚ the industry should establish an reasonable price. Threat of new entrants: medium People like to try new food. But if the
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Technology‚ Society and Environment Man versus Nature Technology Versus Environment Money Versus Wild Life “We have used the oceans as our toilet and it is now catching up with us.” Greg Bossart‚ chief veterinary officer of the Georgia Aquarium The pollution that the most intelligent species on earth creates and carelessly discards continues to destroy the environment of the most beautiful locations on planet earth at the sacrifice of a vast number of innocent sea creatures who are paying
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[pic] Question: Use Porters Five Forces Model to analyse your industry. Answer: Threat of new entrants In most industries‚ and especially in the Electrical Transformer industry‚ a new company cannot enter the market at an equal level with those of already established companies due to the number of barriers that exist‚ that will prevent them entering on equal grounds‚ some of these are as follows‚ · The cost of a new company staring up would be so large due to the large amount of new
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Porter’s Five Forces Model 2. Porter’s Five Forces Model Analysis for TOYOTA 3. Overview of Porter’s Value Chain Model 4. Porter’s Value Chain Model Analysis for PERODUA 5. Conclusion 6. References Porter’s Five Forces Model Overview Figure 1 : Porter’s Five Forces Model • Also known as competitive forces model developed by Michael E. Porter in 1979 to understand how the five competitive forces impacting an industry. • • An analysis tool to determine the profitability of an industry and develop
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Punishment vs. Rehabilitation Brenda A. Dove AJS/502 Version I September 10‚ 2012 John V. Baiamonte‚ Jr. Ph.D. Punishment vs. Rehabilitation Punishment versus Rehabilitation‚ there has been many debates on the effectiveness of punishment compared to the effectiveness of rehabilitation of convicted offenders in prison and under community supervision. If an individual commits a crime serious enough to warrant incarceration‚ then the individual is sent to prison as a form of punishment. While incarcerated
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Philip of Magdalene‚ commonly known as the "Red Serpent"‚ is a world-renowned sea captain across many realms. He’s a tactical mastermind and true-born leader at sea. His ability to outsmart‚ out-maneuver‚ and out-sail any who challenge him‚ makes him the most feared captain upon the Five Seas. However‚ his fame also made him a target‚ for many have challenged and attempted to assassinate him for recognition. When out at sea or in any large body of water‚ Philip possesses extraordinary abilities in
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a firm is being aware of it’s position within an industry. When a company is knowledgeable of where it stands‚ it can more accurately assess its strengths and weaknesses and what is‚ or has the potential to be‚ it’s competitive advantage. Michael Porter‚ believed that the basis for this advantage falls under 3 base strategies of Cost leadership‚ Differentiation and Focus. With the use of his generic strategy model‚ a firm‚ understanding where its competitive advantage lies‚ can then formulate and
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Demand Versus Supply: Home Health Care Services It is not a secret the health care industry in the United States is highly competitive‚ that demand for medical services and products grows faster every year‚ and that supply in certain areas is shortening. The demand for health care products and services is the result of the society’s desire of living longer and maintaining a better health status. In the present‚ patients are very interested in learn about the new alternatives the market offers to
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