Case Study Facebook vs. Twitter: The Coming Facebook-Twitter Collision Business Strategy Submitted by: Sunita Shrestha IAU ID: 102236 King ’s College Facebook vs. Twitter: The Coming Facebook-Twitter Collision Introduction A social networking website launched in February 2004‚ Facebook has gained in some made up war with rivalries: MySpace and LinkedIn. However‚ Twitter‚ the micro blogging site started in 2006‚ has forced Facebook onto a collision course despite having some key difference
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Section 1: Introduction and Background Social networking sites have been steadily rising in the past decade. Some of the biggest names in the recent social culture are Facebook‚ YouTube and Twitter. Let’s start with a little history lesson about the humble beginnings of these social networking giants. First off‚ let us begin with Facebook. Prior to its launch in February 2004‚ Mark Zuckerberg had experimented with a number of different web products from his Harvard dormitory. In fact‚ his first
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Porters Industry Analysis: The automobile manufacturing industry The Automobile Manufacturing Industry 3 Introduction 3 Power of Buyers (Medium-High) 3 Power of Suppliers (Low) 4 Threat of New Entrants (Low) 4 Threat of Substitute products (High) 6 Internal Rivalry (Medium) 6 Relative Power of Other Stakeholders (High) 7 Conclusion 8 References 9 The Automobile Manufacturing Industry Introduction The automobile manufacturing industry is comprised of companies that produce
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In January of 2012‚ McDonalds created the Twitter hashtag “#MeetTheFarmers” to promote connections with family farms and local suppliers. Halfway through the first day of the campaign‚ the director had switched the hashtag from “#MeetTheFarmers” to “#McDStories”‚ to create an opportunity for the public to share their own McDonald’s stories. However‚ numerous critics used the hashtag to mention bad experience and express negative comments towards the corporation. In an attempt to change the course
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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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WHAT IS STRATEGY? BY MICHAEL PORTER! 1! ! ! What is Porter’s definition of Strategy? ! Porter claims that a competitive strategy refers to the fact of being different to the competition‚ choosing a different set activities to deliver a unique mix of value to the client. He affirms that the essence of strategy is in choosing to perform actions in a different way than the rivals do and differentiate themselves in the market aligning themselves at the same time with the needs and wants
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This busy scene begins with a moment of light comedy‚ which serves to heighten the suspense. The porter of Macbeth’s castle‚ drunk from the previous night’s revels‚ complains that his job is worse than that of the porter of hell. In a private game with the audience‚ he engages in a piece of stand-up comedy in which he imagines himself as that beleaguered servant‚ opening and closing the gate on the demand. The first two examples he uses (that of a farmer and an equivocator) have specific religious
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the relative importance of each of Porter’s Five Forces for the organisation’s strategic position. You should support your arguments with evidence from the company and/or the relevant literature. Zara has been the major pioneer of ‘disposable’ fashion; which makes up over 12% of the UK clothing industry. Zara outperforms its rivals in profitability‚ brand identity‚ and its successful business model. I have used Porter’s five forces model (Porter‚ 1995) to analyse the industry and Zara’s strategic
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Michael Porters Strategy Michael Porter is the University Professor (the highest honor in Harvard University) in Harvard Business School. He is acknowledged as the father of competitive strategy. He has two main theoretical perspectives; one is “the five forces model of competition”‚ and the other one is just the “three competition strategies” (Michael Porters Strategy). The three competition strategies are cost leadership strategy‚ differentiation strategy and segmentation strategy. These strategies
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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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