Machael Porter’s Value Chain SUPPORT ACTIVITIES Support activities assist the primary activities in helping the organisation achieve its competitive advantage. They include: Procurement: This department must source raw materials for the business and obtain the best price for doing so. The challenge for procurement is to obtain the best possible quality available (on the market) for their budget. Technology development: The use of technology to obtain a competitive advantage is very important
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I watched the live production of “RENT”. The biggest issue in the musical “RENT” was that‚ everyone was poor‚ and HIV positive‚ and was struggling to survive in Alphabet City in Manhattan‚ New York. They were all young musical artist. The musical “RENT” showed how times can be hard for people‚ and some don’t notice due to the fact that they have everything they need in life‚ like money. One of the characters in the musical use to be a part of the group and then later on forgot his morals and where
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though the internet. Today we have Amazon.com‚ which is one of the biggest internet companies and which led the way for the rest of them to follow. Another company that was born during the .com boom is Netflix. It got its start in 1997 as an idea to rent DVD’s over the internet. Founders Reed Hasting and Marc Randolph believed in the potential of the disc replacing the bulkier VHS tape and saw the bonus of its light weight which would help with the shipping costs. Netflix did not have much competition
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Value Chain Analysis Inbound Logistic 1. Farm : Coffee Bean begins at the farm on coffee trees. After trees are planted‚ it takes between one and three years for the trees to bear coffee "cherries". Than the farmer will harvest the coffee trees to get cherries. After that‚ they will use coffee mills to process the product from cherry to bean. 2. Exporter : The coffee export process varied greatly depending on origin country and buyer. In some countries‚ beans were exported through government
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Strategic Value Chain Analysis Wednesday‚ December 04‚ 2013 8:48 AM "Competitive Advantage" 1986 Companies are not groups of people‚ they are sets of activities. There are 2 sets of activities: Cost and willingness to pay (WTP) PRIMARY: In-bound / raw material ==> Process ==> Marketing ==> Service SECONDARY: Accounting‚ Exec Management‚ CIA Cost of distribution drivers (for cinnamon buns): # of stops (greater # raises cost) # of packages they drop per stop (greater # lowers
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Naizhjay McDaniel April 20‚ 2014 Frederick Perry Theatre Appreciation Rent A few weeks ago‚ I went to see the musical Rent written by Jonathon Larson. The musical has been re made many times as it is a very popular musical. This re make was directed by Pierre Jacques-Brauit. While on my way to Cuyahoga Community College-Western campus‚ I became extremely enthusiastic as I had high expectations of the performance. However‚ after watching the two and a half hour production‚ I was utterly disappointed
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negative beta implies that security A would stabilize the returns on a portfolio since the returns on A are negatively correlated to the market. The riskiness of a portfolio is determined by its beta value. Security A has a negative beta (-0.5)‚ which makes it less risky when compared with positive beta value for security B (0.5). In addition‚ if we consider a standalone risk‚ standard deviation plays an important role. It is used as an indicator of risk‚ security A has 30% standard deviation which
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Production and Operation Management Group IV BSEM 3-2 Product Design Parameters Members: Bulaong‚ Jennifer E. Velasquez‚ Pauline L. Fernandez‚ Rose Ann F. Escoto‚ Gellian Prof. Rizza Valdez Nine Factors to Consider When Determining Your Price 1. Your Costs If your rate doesn’t include enough just to break-even‚ you’re heading for trouble. The best thing to do is sum up all your costs and divide by the number of hours you think you can bill a year. Whatever you do‚ DON’T
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Subway-Porter Value Chain Introduction: SUBWAY was started 47 years ago in the year of 1965 by Fred Deluca. Subway is the market leader in the sub and sandwich shops offering a healthier alternative to traditional fast foods. Subway’s annual sales exceeded $ 6.3 billion‚ while countless awards and accolades have been bestowed its chain over the past 47 years. Subway has more than 33‚500 units worldwide whilst its rapid growth has attracted many investments and brought it many competitors
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this sport) WEAKNESSES Negative image portrayed by poor working conditions in its overseas factories E-commerce is limited to USA The direct sale to consumers is creating conflicts with its own resellers Currently available supply chain‚ manufacturing‚ and fulfillment technologies aren’t easily integrated with online build-to-order Not known for its research and development leading to innovative designs«systems The e-commerce is limited to USA‚ however‚ has planned to expand
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