uniqueness for the sake of being different. Differentiation is about understanding customers and how GM ’s product can meet their needs. To this extent‚ the quest for differentiation advantage takes us to the heart of business strategy. The fundamental issues of differentiation are also the fundamental issues of business strategy: Who are GM ’s customers? How does GM create value for them? And how does GM do it more effectively and efficiently than anyone else? Because differentiation is about uniqueness
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Lecture 2: Information and decision making -change is inevitable and business is different from 20 years ago * Information tech in /new workplace * Knowledge workers provide a competitive (decisive) factor * Knowledge/intell capital are irreplaceable resources * Productivity of knowledge worker depends on computer/info compentency -stages of development in e-comm * Secure an online identity * Establish a web presence * Enable ecommerce * Utilize a service app model
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Questions: Foreign Exchange Hedging Strategies at GM − Competitive Exposures 1. Why is GM worried about the yen? GM’s concern about fluctuations in the Yen is due not only to the impact on GM’s costs‚ but the fact that Japanese competitors face reduced costs when the Yen is depreciating. Also‚ with increasing profit margins‚ end-price to consumer can be lowered and lead to gain in market share for Japanese competitors. Research had shown that a 10 Yen appreciation to the dollar reduces operating
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I. Cyber Bullying a. Use of computers‚ cell phones‚ social networking cites and other technology to threaten or humiliate others. b. Putting many young people at risk and sometimes even with deadly consequences c. Megan Meier’s suicide at age 13 II. Problem d. Internet availability is easy becoming so much easier e. Self-esteem is hurt and social skills begin to dwindle f. People may find it easier to say hurtful things online because there is little
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An Assessment of China ’s Market in Regards to Genetically Modified Food This paper will provide an overview of the potential market for genetically Modified Food (GMF) in China. The China Genetically Modified food market is rapidly becoming one of the largest in terms of production‚ consumption‚ export and import prospects. China has the largest population in the world. It is home to 1.3 billion people or 20% of the world ’s total population and is likely to exceed 1.4 billion by 2050 (Population
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Joe Yaun Fin 798 Case Study 1 GM Case Study The story of the downfall (or down-turn at the very least) of GM began long before the recent recession in which the U.S. has succumb. GM sunk their resources heavily into larger vehicles like trucks and S.U.Vs. In doing so‚ they neglected an emerging trend towards smaller‚ more fuel-efficient cars that was occurring around the globe. Additionally‚ the quality of their products continually lagged behind that of Japanese automakers as outlined
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The Struggle for Dominance in the Automobile Market: The Early Years of Ford and General Motors Richard S. Tedlow Harvard University This paper contrasts the businessstrategics of Henry Ford and Alfred P. Sloan‚ in the automobile Jr. marketof the 1920s. The thesis that HenryFord 1 is epitomized the method of competition most familiar to ncoclassical economics. That is to say‚ his key competitive weapon was price. Alfred P. Sloan‚ Jr. beat Ford because hc understood that the
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the world’s best vehicles. General Motors is a company that has significant impact on our U.S. economy. As I do a SWOT analysis on General Motors I will evaluate the company’s strengths‚ weaknesses‚ opportunities‚ and threats‚ to gain perspective on GM and there future as a company. STRENGTHS: Product Branding. First and foremost‚ General Motors has produced and branded a variety of automobiles both international and region specific such as Chevrolet‚ Buick‚ GMC‚ Cadillac‚ Baojun‚ Holden‚ Isuzu
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Target vs. Walmart: "Who has the better deal?" By: Jennifer Young When you think about a great shopping experience‚ what stores come to mind? Some people might name high end stores such as Bloomingdales‚ Macys ‚ Lord & Taylor‚ or even Nieman Marcus. But what about stores that carry everyday household goods? I’m talking about stores such as Walmart and Target. These stores carry just about everything for a great low price. When you compare Walmart and Target‚ you will notice two main
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In today’s world many problems arise from population growth. One of those problems is genetically modified foods. The people who consume these inorganic foods don’t know what’s inside what they eat. As a result‚ these foods have side effects such as people having food allergies‚ risk of I infectious diseases‚ obesity‚ and much more. People inject chemicals into foods to preserver them longer; that’s how we are able to eat off season foods. However‚ these chemicals are harmful to our bodies. Most
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