The Victor Diamond Mine When Land Can Be Worth More than Diamonds SCN1Dd Prepared by Eric Best Prepared for Mr. Grieg & Mrs. Chan March 4th 2012 The Victor Diamond Mine near James Bay in Northern Ontario rose lots of controversy over the environmental‚ economic‚ and social issues created by the mine. While the company that owns the mine‚ De Beers‚ says that the new mine will bring Canada new revenue and will boost the economy‚ the people of the Attawapiskat First Nation are in discontent
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Geography 6 February 2013 The Issue of Blood Diamonds What is the cause of major rebellions‚ riots‚ and coups in Africa? The blood diamond trade is one of the strongest illegal trades in Africa‚ which has been fueling conflict for approximately three decades. The primary purpose of blood diamond trading contributes to funding armed conflicts for guerrilla and militant forces. The diamonds are illegally mined in a conflict zone‚ which is then used by guerrilla
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1) The Harvard case‚ Botswana: A Diamond in the Rough‚ describes the exceptional case of Botswanas sustained economic rise from near absolute poverty to a country with a 10% average annual GDP growth for more than four decades. This case shows that healthy economic gains can be achieved by a mixture of formal institutions and ad hoc substitutes for missing institutions. When Botswana gained its independence in 1966‚ the country lacked many of the institutions deemed essential for economic growth
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What is it? Framework/theory Porter’s Five Forces of Competitive Position Analysis were developed in 1979 by Michael E Porter of Harvard Business School as a simple framework for assessing and evaluating the competitive strength and position of a business organisation. This theory is based on the concept that there are five forces that determine the competitive intensity and attractiveness of a market. Porter’s five forces help to identify where power lies in a business situation. This is useful
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whole world‚ ‘No you move’” (Straczynski) This quote is a quote by the well known superhero‚ Captain America. The superhero representation of America wouldn’t give hope to people of every age if Marvel wasn’t created. In 1939‚ the company Marvel was created by Martin Goodman.
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During the 1920s America established an extravagant way of living that involved buying and spending to show wealth. We‚ as Americans‚ have taken this upon our everyday lives. So much of our lives in America revolve around a social ladder that we fight to climb to the highest rung. Every man‚ woman‚ and child for themselves. Our rude manor has been brought out of this nation’s mask. Often we‚ as Americans‚ betray our own life long friends and family to reach this idea of the ´top´. Music‚ movies
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I. Rivalry: In the traditional economic model‚ competition among rival firms drives profits to zero. But competition is not perfect and firms are not unsophisticated passive price takers. Rather‚ firms strive for a competitive advantage over their rivals. The intensity of rivalry among firms is very large in case of jewelry business. There are a lot of big brands and even small small jewelers are present in the market. II. Threat Of Substitutes In Porter’s model‚ substitute products refer
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growth. This phenomenon called ’Resource Curse’‚ is the essence of the theme captured by the documentary Blood Diamonds‚ focusing on the human cost of the illicit global diamond trade. Set in the period of 1990’s‚ the documentary explores various factors that led to the violence‚ tells vivid details of suffering‚ and speaks with the organizations that eventually exposed the link between diamonds and brutal African conflicts. Sierra Leone is one of the poorest nations on Earth. The average income of
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Michael Porter published the Value Chain Analysis in 1985 as a response to criticism that his Five Forces framework lacked an implementation methodology that bridged the gap between internal capabilities and opportunities in the competitive landscape. This framework focused on industry attractiveness as a determinant of the profit potential of all companies within that particular industry. However‚ significant differences in performance exist between companies operating within the same industry that
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Porter’s Five Forces Analysis for the Pharmaceutical Industry Degree of rivalry among existing firms (HIGH) Pharmaceutical industry is one of the most competitive industries in the country with as many as 10‚000 different players fighting for the same pie. The rivalry in the industry can be gauged from the fact that the top player in the country has only 6% market share‚ and the top five players together have about 20% market share. Thus‚ the concentration ratio for this industry is very low. High
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