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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EXHIBIT 1 Porter’s 5 Forces: Computer Industry Threat of New Entrants: Medium With the standardization of most of the computer components‚ it becomes easy for customers to change their laptops. This leads to a moderate customer switching cost. The availability of direct-to-customer service and retailers‚ it becomes easy for customers to find their desired product as well as for companies to provide their products in less time and with reduced cost. If any new player wants to enter into the market
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In Michelle Chen’s article‚ “Five Myths About Fast-Food Work” she talks about misconceptions associated with people who work at a fast food restaurant. The first issue Chen addresses is the idea that only teenagers work fast food for little to nothing. However‚ Chen explains that the majority of workers are around twenty years old and some are single parents that are trying to provide for their families. The Next misconception associated with fast-food is the idea that workers can eventually work
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The Lindbergh Baby Case Arianna M. McCraney Kaplan University CJ101-01 Professor Jack McCoy Unit 1 – September 2‚ 2014 On a cold‚ rainy night in March 1932‚ late in the evening‚ a baby by the name of Charles Lindbergh‚ Jr.‚ was snatched from the nursery of their home in Hopewell‚ New Jersey. The kidnappers left a small‚ white envelope on a radiator case near the nursery window. An investigation by the Police outside the house turned up a broken homemade extension ladder
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2) Q: In chapter four and five‚ the boys steal food because they are starving. We usually consider this “acceptable” theft‚ but the boys stole from other people who didn’t have much food. What was your reaction to this? Was it unavoidable? A: When it comes to survival‚ theft is going to happen if one truly need to survive and it is often times unavoidable when there are so few options. When the boys stole food from the families who may have needed it‚ I was surprised at first‚ but then I got to thinking
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BHS0027: Strategic Management Hong Kong 2013/14 Written Individual report Task Using Porter’s Generis Strategies model‚ critically analyse IKEA’s competitive strategy. You must also recommend a course of action or direction that the organisation should take. Use the case study as a starting point and source relevant company information from their web site and other suitable sources. Style: report Word limit: 2500 words Deadline: 19 August 2013 Approximate weighting of marks and suggested structure:
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Blue Baby Syndrome Did you know that when nitrates interact with the hemoglobin in red blood cells turns the hemoglobin; which carries oxygen‚ forms a new substance called methemoglobin. Methemoglobin can’t carry sufficient oxygen to the body ’s cells and tissues. This doesn’t seem to be a problem in adults‚ but when it comes to infants it seems to be a problem. I am strongly persuaded that nitrate in well water has to deal with blue baby syndrome. According to two cases on Environmental Health
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Porter’s Five Forces This model focuses on the study of the competitive influences or ‘forces’ on a business. When we discuss competitive factors on a firm‚ we usually consider other firms within the same industry selling similar products. [1] and although it is true that other firms in the same industry present competition‚ Porter challenged this over simplified view by considering other forces that will also affect the firms competitive ability . The diagram below highlights the 5 main
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5 Forces Model 1. Threat of New Entrants.( LOW) a. The average person can’t come along and start up a bank‚ but there are services‚ such as internet bill payment‚ on which entrepreneurs can capitalize. Banks are fearful of being squeezed out of the payments business‚ because it is a good source of fee-based revenue. b. Another trend that poses a threat is companies offering other financial services. What would it take for an insurance company to start offering mortgage and loan services? Not
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Companies should do a well marketing research on the culture norms‚ environmental circumstances‚ local and surrounding area demographics and also the consumers’ financial situations before investing their products or services in a new market to avoid any problem occur. They should foresee the future consequences that may occur when they invest in a new market with different life style from their previous market and take action to avoid or minimize the effect of that problem. They should understand
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