According to Jared Diamond‚ what are the “roots of inequality” and what role has these played in the division of the world into ‘haves’ and ‘have-nots’? Explain. 1. I believe that the root of inequality is the location. In certain parts of the world some societies live in places that have a vast amount of resources to live from‚ whereas other areas societies are forced to live in areas where the land lacks the amount of food needed to provide for the community. When the community puts all its time
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novel‚ Night by Elie Wiesel‚ the author‚ Elie Wiesel uses rather more refined language in his novel to describe things. The words that were more straightforward than other words he used were articulate than Irene Weisberg Zisblatt’s novel The Fifth Diamond. He would use words like thus‚ tumult‚ liquidated‚ transcended‚ all of which are words that the more eloquent use rather than the words that we use in the common English language. His flowery language was beautiful and was a nice touch‚ and made the
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1.0 INTRODUCTION De Beers Diamond Jewelers’ is the quintessential diamond jeweler‚ giving substance to style‚ bringing together the diamond’s dualities of science and poetry‚ melding its rich history and long traditions with contemporary creativity and cutting-edge craftsmanship. The diamond is a sparkling‚ celebratory symbol of continuity and eternity‚ of reassurance and hope for the future‚ and De Beers brings this beautiful symmetry into the light with its classically elegant jewelers. For
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In Michael Porter’s article about The Five Competitive Forces that Shape Strategy‚ he identifies the five forces that shape industry competition as: threat of new entrants‚ bargaining power of buyers‚ threat of substitute products or services‚ bargaining power of suppliers‚ and rivalry among existing competitors. Then he breaks each of these down even further‚ giving information about the factors that should be considered when making assessments in each of these areas. The main underlying purpose
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of these models was the “five forces analysis of industry attractiveness” which said the “attractiveness” i.e. profitability of an industry or market is based on five factors which are: Threat of new entrants l Bargaining power of supplier - Rival firms(competition) - bargaining power of buyers l Substitute firms(if you make butter‚ they make margarine and might steal your customers) What this means is the industry should be judged or analyzed by viewing these five
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Michael Porter’s Factor 1) Threat of New Entrants - The easier it is for new companies to enter the industry‚ the more cut-throat competition there will be. Factors that can limit the threat of new entrants are known as barriers to entry. Some examples include: Existing loyalty to major brands Incentives for using a particular buyer (such as frequent shopper programs) High fixed costs Scarcity of resources Government restrictions or legislation Entry protection (patents‚ rights‚ etc.)
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DIAMOND INTERNATIONAL COORPARATION (DIC) I. Executive Summary Diamond International Corporation (DIC) is one of the leading suppliers in the country. It is a trading company that imports thermoplastic (PVC) pipes‚ values and fittings. By 1990‚ the company has already grown to more than 50 employees. The company has identified its three major marketing areas: projects and major accounts‚ branches and dealership. It is also the major competitor in selling high-precision screws and bearings needed
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Porter Five Forces Model in the internet era: How internet opens and restricts new avenues of Porter Five Forces BADM 470-02 Background: “It is not possible to ignore the ability of the internet to unlock a company’s wall‚ to discover and exploit opportunities outside its existing businesses…” “The use of internet has not changed the basic economic laws‚ but has changed the way the world does business” Cooperation of key industry players would facilitate innovation and thus increase
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Rivalry Unlike what one would expect‚ KFC has little rivalry with similar fast-food chains in China. The primary reason is that their core products are different‚ as in they sell different kinds of fast-foods with very different tastes and styles. For example‚ if KFC raised its price for chicken by a small amount‚ Chinese chicken lovers who may not be as accepting to pizzas (many Chinese people strongly dislike the taste of cheese) are not going to switch to Pizza Hut just because the price
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South Africa: A Diamond In the Rough South Africa has been connected to the world economy with its abundant natural resources‚ for which there have long been international markets and purchasers‚ since the first Dutch explorers landed there in the 17th century. Unfortunately‚ South Africa ’s pervasive‚ severe and seemingly perpetual social problems have always been and remain today a substantial drag on South Africa ’s ability to fully develop a world-class economy. This paper
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