Merck case analysis Follow this format‚ provide *brief* answers. 1. External (use PESTEL framework) - What are Merck’s opportunities and threats? 2. Internal (use VRIO framework)- what are Merck’s strengths & weaknesses? 3. What is Merck’s performance trend? 4. What strategic actions can Merck take to gain and sustain a competitive advantage in the pharmaceutical industry and why? 1. Merck’s opportunities and threats PESTEL FRAMEWORK - Threats A lot of competition from piers Expiring patents
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1.0Introduction Pfizer Inc. (Pfizer) a research-based‚ international biopharmaceutical company. Nevertheless‚ it is the largest world drug organisation as well as the top-selling drug in the world in 2011. There is five segments for Pfizer Inc. to supervise its procedures which are Primary Care;Oncology and Special care‚ Emerging markets and Establish products; Consumer healthcare and Animal health and Nutrition Moreover‚ Pfizer freeze its position as one of the most diversified oranisation in the
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2/22/2013 The Value Chain Strategic Management • Value Chain – Value chain is a convenient way of looking at the firm’s activities Introducing Strategy Management – The functional activities within the firm that create value in the goods and services produced (Basic Concepts of Strategic Management) Lecture 3 21.2.2013 – Value chain: all the activities that a firm uses to design‚ produce‚ market‚ deliver‚ and support its product Dr. Kayhan Tajeddini Associate Professor
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Assessment 1B MGMT.7930 Tutor: Neihana Jacob Due Date: 4/4/12 Word Count: 1234 In 1979‚ Michael Hill started Michael Hill Jewellers (MHJ) after 20 years of working in his uncle’s jewellery store. Doing away with the usual giftware items and the more formal atmosphere‚ his strategy was to make shopping for jewellery more accessible to the public. One strength of the company is the strict use of the Friedman Group’s sales techniques. This allows the staff to maximise conversion rates and
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Rosario‚ Pinamalayan‚ Oriental Mindoro This is on a mountain side. Transportation is harder but issues with smell and taxes are lessened. Promotion Word of mouth only Poor promotion efforts yet still effective considering their market share. VRIO LOCATION: Rosario‚ Pinamalayan‚ Oriental Mindoro Value: Yes‚ it is a strength The
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Apple Case Discussion Notes: 1. What‚ historically‚ has been Apple’s competitive advantage? - Innovation. They were the first ones to create a personal computer‚ first to capitalize on the MP3 movement‚ first to create the tablet computer. They have the first mover advantage in their efforts. - First mover strategy of being the first company to do something - A case can be made for efficiency with their quick turnaround of product updates 2. Analyze the personal computer industry. Are
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06 Internal Analysis In this part‚ the report will briefly illustrate the result from analysing the internal environment of CEMEX by supply chain analysis and resources and competences framework and VRIO model. 6.1 Value Chain Analysis Activities | Resources | Competencies | PrimaryActivities | Supply chain management | | * Good relationships with products suppliers and transportation companies | | Operations | - Internal design | - Import products from Vietnam | | Distribution
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Fighting the online video game wars in China 1. Introduce case: Definitions 2. Information about China: Country profile: China has a tremendous market for video games. With close to 40 million gamers‚ China was commanding $1 billion in revenue in 2007. Putting these numbers into perspective: 40 million gamers equals the total population of Switzerland‚ Israel‚ Austria‚ Honduras and Bulgaria combined. Today‚ China‘s gaming public‚ meaning people that play on a regular basis‚ exceeds the population
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Short term‚ Long Term and Medium term objective (August 02‚ 2006 http://www.smallbusiness.co.uk/channels/start-a-business/q-and-a/27759/short-mediumand-longterm-objectives.thtml (Assessed on 3rd June 2010) Scott Gallagher (2004)‚ Internal Analysis (VRIO) (1st Nov‚ 2007) http://falcon.jmu.edu/~gallagsr/WDFPD-Internal.pdf (Assessed on 3rd June 2010) Bernard Jaquier‚ Resource- Based View of the firm (RBV) http://www.ecofine.com/strategy/RBV%20of%20the%20firm.htm (Assessed on 3rd June 2010) PEST Analysis
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The VRIO framework (Barney‚ 1995) is one of the most significant approaches that suggests ways to achieve sustainable competitive advantage through HR. VALUE HR executives must address a primary question “How can HR aid in either decreasing costs or increasing revenues?” In today’s time when everyone is talking numbers; the HR department has to prove its worth and show that it creates value for the organizations. HR can help a firm achieve sustainable competitive advantage by creating value
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