2.0 The Different Types of Business Activity By the end of this chapter‚ you should be able to: • Classify entities into primary‚ secondary and tertiary sectors • Explain features of public and private business • Understand the different forms of merger and take-over • Compare methods that measures the size of a business Levels of Economic Activity Stage Business Involved Primary Woodcutter Secondary Furniture Makers Tertiary Retailer Example – Stages in the production and sale
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revenue than the cost of purchasing TWC teamed with distributing the movies at a lower cost than it would be better to start their own distribution company and vice versa. 4. In each of the following situations‚ why are firms likely to benefit from vertical integration? (1 point each) a. A grain elevator is located at the terminus of a rail line. Owning grain elevator(s) is beneficial to the rail line because it allows the rail line more control over the grain elevator which in turn allows for
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ZARA Fashion 1) With which of the international competitors listed in the case is it most interesting to compare Inditex’s financial results? Why? What do comparisons indicate about Inditex’s relative operating economics? Its relative capital efficiency? Note that while the electronic version of Exhibit 6 automates some of the comparisons‚ you will probably want to dig further into them? The four companies shown above have very different business models. Inditex owned much of the production
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Case: Quadrant Homes Applies Lean Concepts in a Project Environment 1. Consider the three value disciplines described by Treacy and Wiersema. Create a two-by-three table in which you name and describe the three value disciplines in the left column. In the right column‚ describe what Quadrant does to support each one. Below the table‚ write a few sentences in which you take a position regarding which value discipline best describes Quadrant’s highest priority. Defend your reasoning. Value Disciplines
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Responsibility affects the supply chain‚ going local from global‚ vertical from horizontal. The lecture is relevant in many aspects‚ for example the knowledge society’s changes and ethical issues and responsibility within the apparel industry. The first part of the essay briefly speaks about the lecture Creative Economy and also introduces my final project. The second part explains in more detail the difference between horizontal and vertical integration. It also overviews the different kind of ethical
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In 1938 Bird’s Eye expanded into the U.K.‚ which lead to the incorporation of Bird’s Eye Food‚ Ltd. (owned by General Food Corp‚ Robert Ducas‚ and Chivers and Son‚ Ltd). The need for vertical integration increased along with high consumer demand and an increasingly saturated industry. Bird’s Eye embraced the vertical integration opportunity because the frozen food industry was relatively immature and forward integration would stimulate market development. Additionally‚ vertically integrating allowed
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CASE ANALYSIS COACH – NOTES Types of cases Decision cases Problem cases Evaluation cases Most common type Similar to decision cases Sometimes called Best-practice or Worst-practice cases Describe a decision faced by the case protagonist Portray situations that are interesting or remarkable‚ usually because they are especially successful or unsuccessful Provide distinct decision alternatives Do not provide clear alternatives to choose Typically do not include an obvious single
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A STUDY – ROLE OF INTEGRATED TEACHING IN MEDICAL CURRICULUM ABSTRACT: AIMS AND OBJECTIVES: study was carried out to focus on effective and meaningful learning that will help the students’ overall development and to improve the continuity of students’ learning. MATERIAL AND METHOD: 150 students of 1st M.B.B.S‚ year 2012-2013 were selected and integrated teaching in subjects including anatomy‚ physiology‚ biochemistry‚ and pharmacology was conducted after selecting few important topics. Pre and
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Student Number: 500890847 Candidate Number: 14822 Vertical Zonation and the Rocky Shore According to Yonge (1949)‚ “the zoning of both plants and animals within the narrow vertical limits of a rocky shore is one of the most striking features about shore life.” It is noticeable particularly where sessile organisms (such as barnacles) occur in abundance on the boundaries of their vertical distribution‚ as they form a conspicuous line (Boaden & Seed‚ 1985). The author has also been particularly
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Disney’s competitive strategy 1) Vertical integration 2) Strategic alliances 3) Corporate diversification 4) Creative content 5) International strategy Sometimes it’s not worth it to vertically integrate because then you hold all of the risk if an investment goes wrong. My first example of Disney’s strategy is actually the antithesis of vertical integration- outsourcing. The Year: 1991 The Goal: Produce of 3D films to reduce risk in case of failure in the industry The
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