Why is Elemica described as an example of an industry consortia net marketplace? How does it differ from other types of net marketplaces like ChemConnect? Industry consortia are at an advantage when compared to independent exchanges because‚ unlike the venture-capital-backed exchanges‚ they have deep-pocket financial backing from the very start and guaranteed liquidity based on a steady flow of large firm orders. Elemica is described as a consortia net marketplace because industry consortia are
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1. Name the three sectors of the supply chain. On what occasions could certain sections of the primary sector operate as retailers? The supply chain consists of three sectors: o Primary sector(provides raw materials) o Secondary sector(using raw materials for the manufacturing or construction of products) o Tertiary sector-service sector-(provides service for the customer) Normally we expect tertiary sector to work as retails but there could be exceptions sometimes
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Background and Central Problem Myspace.com is a SNS (social networking service) website which was founded in 2003. It was once the most visited social networking site in the world‚ and in June 2006 surpassed Google as the most visited website in the United States. It has been operating well with all its good features of music‚ games‚ videos and pop culture until early in 2008‚ when it was overtaken by Facebook in the number of unique worldwide visitors‚ and was surpassed in the number of unique
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Corporate Strategy Course Prof.Erik Larsen Case Study [pic]Wal Mart Stores‚ Inc. [pic] • Introduction • SWOT Analysis • Value Chain • Porter’s 5 forces • Conclusion Agnese Santocchi INTRODUCTION WalMart was founded when‚ in 1962‚ Sam Walton invested 95% of the capital –co exming from his Walton 5&10 in Bentonville‚ Arkansas- to open the first WalMart store. What he wanted to do was to achieve higher sales
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The New Age of Walmart Walmart’s meteoric rise is one of the great super global powers beginning in probably one of the most unlikely settings‚ the farmlands of Bentonville‚ Arkansas‚ a low-wage region of America. During the formative stages‚ some useful strategies were employed that started this super store on the right track to the extraordinary success it is today. As explained by author Nelson Lichtenstein of The Retail Revolution: How Walmart Created a Brave New World of Business‚ founder Sam
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plaque" (qtd. in. Corporate Social Responsibility). As hundreds of billions of dollars are gained at the expense of ethical crimes‚ it becomes increasingly obvious that these tycoons put the weight of their bottom line before everything else. Wal-Mart Stores
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to E-Business & E-Commerce Chapter 1: Framework for ECommerce Topics Covered Objectives How big is E-Business? What is E-Commerce? What is E-Business? How does E-Business differ from ECommerce? E-Commerce Framework Summary Further reading 2 April 25‚ 2012 Objectives Describe briefly the past‚ present and future of e-business Describe e-commerce Provide an example Provide an example Describe e-business Differentiate between e-commerce
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the pasture and the barns. I’m happy because the sun is shining down and I have my horses. The horses are red‚ bay‚ buckskin. and white/grey. I can ride like the wind. I am able to jump over ditches. Being outside is truly my happy place. 3. Wal-Mart on Black Friday will be chaotic place. People
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Wal-Mart competitive advantage 6. To what extent is WM’s competitive advantage sustainable? * At the time discount stores were located within large towns‚ WM’s strategy was to put good-sized stores into little one-horse towns that everyone else was ignoring. * WM alternative was to build their own distribution centers so that they could buy in volume at attractive prices and store the merchandise. * WM earn the trust of their customers every day by providing a broad assortment of
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Electronic Business E-business (electronic business)‚ derived from such terms as "e-mail" and "e-commerce‚" is the conduct of business on the Internet‚ not only buying and selling but also servicing customers and collaborating with business partners. One of the first to use the term was IBM‚ when‚ in October‚ 1997‚ it launched a thematic campaign built around the term. Today‚ major corporations are rethinking their businesses in terms of the Internet and its new culture and capabilities. Companies
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