activities that a firm operating in a specific industry performs in order to deliver a valuable product or service for the market. Value Created and Captured – Cost of Creating that Value = Margin 2 Distinct Sets of Activities 5 Primary Activitie s & 4 Support Activitie Primary Activities(5) Inbound Logistics- receiving‚ storing incoming goods Operations- value creating activities that transform the inputs into the final product. Outbound Logistics- activities is required to get the finished
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CRITICISMS OF PORTER’S DIAMOND I. INTRODUCTION The book‚ “The Competitive Advantage of Nations”‚ shows how Michael Porter studied ten developed countries and 100 industries in order to answer questions concerning the national competitive advantage which he found to be inadequately explained by the Heckscher-Ohlin theory and the theory of comparative advantage. (Hill‚ 2009‚ p. 189). These questions include: A. “Why are some nations more successful than others in international competition?”
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Blood Diamond Reaction Paper One of the greatest ills‚ committed by the United States on the African people‚ was the exploitation of African labor. The slave trade became the most “successful” African commodity until the middle of the 1800’s‚ when westerner’s began to exploit other natural resources of the continent. The expansion of capital in Africa enabled the US and Europe to fund both the scientific and industrial revolutions. In addition‚ when Apartheid began in 1948‚ after WWII to
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Porter Five Forces Analysis One of the most effective ways to measure the level of attractiveness of medical device industry is Porter Five Forces Analysis. According to porter (2008)‚ there are five forces that influence the level of profitability of any industry; therefore‚ companies must obtain sustainable competitive advantage in order to survive. These forces are rivalry‚ threat of substitutes‚ threats of new entrants‚ supplier power‚ and buyer power. (Porter‚ para 3) Rivalry The medical
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Industry Analysis Diamond Industry (Gem Based diamonds) The Diamond industry is essentially broken up into 3 segments: 1. Industrial Diamonds—natural and synthetic diamonds that are used in a wide range of manufacturing processes for their physical properties. 2. Jewelry Diamonds—rough diamonds cut for use as gemstones in jewelry. 3. Investment Diamonds—high-quality large gemstones‚ often with special characteristics‚ purchased for investment. The Jewelry and Investment segments together
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conflict diamonds? Conflict diamonds – also known as blood diamonds – are diamonds that are used to fuel violent conflict and human rights abuses. They have funded brutal wars in Liberia‚ Sierra Leone‚ Angola‚ Democratic Republic of Congo and Côte d’Ivoire that have resulted in the death and displacement of millions of people. Diamonds have also been used by terrorist groups such as al-Qaeda to finance their activities and for money-laundering purposes. Did someone Die for that Diamond? Some diamonds
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GLS 100 Minerals and Mineral Resources The diamond is a rare mineral that is used for many different things in today’s world. Diamonds are composed of carbon know as the chemical symbol C. In a diamond the carbon atoms are covalently bonded to one another. The physical properties of the diamond consist of colors of yellow‚ brown‚ gray‚ white‚ blue‚ black‚ reddish‚ greenish and colorless. The luster is adamantine to waxy. The specific gravity is 3.5‚ which is about the average for a mineral.
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of Rough Diamonds in Sierra Leone “CREATING A FUTURE – GIVING NEW MEANING TO SUSTAINABILITY IN MINING” BUSINESS PLAN Page 1 Sierra Credit Repository Xchange (SCRX) Sierra Leone Limited Business Plan List of Contents OPENING STATEMENTS PAGE 3 EXECUTIVE SUMMARY 3 INTRODUCTION 3 Legal Structure of SCRX 4 Why Diamonds? 4 History of Sierra Leone Diamonds 4 Diamond Market 6 The Government Role 6 Historical Context of the Diamond Region and
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Cathy Danh Science 8 Mr. O’Rourke November 19‚ 2013 Hope Diamond The two articles‚ “The Hope Diamond Curse” and “Curses Debunked” are both decent articles. The first article about the Hope Diamond being cursed is telling you about the legend of the diamond and how everyone who had the diamond had misfortunes. “Curses Debunked” is saying how the legend is fake and not reasonable. I believe that “Curses Debunked” is more convincing for many reasons. The first few sentences of “Curses
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around? UCLA geology professor and Pulitzer prize winner Jared Diamond delves into this issue in his 1997 talk‚ “Why Did Human History Unfold Differently On Different Continents For The Last 13‚000 Years?” He argues: over the last 13‚000 years‚ biological and evolutionary patterns have had a dramatic effect on human population numbers‚ technology development‚ disease proliferation‚ and the determination of conquest and land domination. Diamond supports his claims by raising questions about human history
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