Module Code: PICS01C Student Number: 7305-272-8 Due Date: 15 March 2011 [pic] a) Five-forces diagram for analysis of the retail car industry in the greater Johannesburg area 1. Competitive Rivalry Competitive rivalry exists between companies with the same or similar products/services and similar markets. Factors to be considered include: • The number and size of competitors • The rate of industry growth • Differentiation and switching costs • Fixed costs or perishable products
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The twelve year return-on-equity data for the Tobacco Industry of 27.9% is substantially above the all-industry average of 14.1% given in the Business Week data. Examining Porters five forces reveals the keys to the Tobacco industries superior profit performance. The price customers are willing to pay for a product depends‚ in part‚ on the availability of substitutes. The absence of close substitutes in the case of cigarettes means that consumers are comparatively insensitive to price increases
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What Kind of Success Should We Embrace？ Since ancient times‚ people in growing numbers have been pursuing success. When asked about what success is reflected in‚ people’s answers differ. Some people believe that enough fund and outstanding achievements embody a successful man or woman whereas others insist that success is doing something that one considers is worth doing. I am in favor that the view on whether successful or not varies from people to people and era to era and strong espouse
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Porter’s Five Forces Model of Industry Structure An industry is a group of firms that market products which are close substitutes for each other (e.g. car industry‚ travel industry). Some industries are more profitable than others. Why? The answer lies in understanding the dynamics of competitive structure in an industry. The most influential analytical model for assessing the nature of competition in an industry is Michael Porter’s Five Forces Model‚ which is described below: Porter explains
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Introduction This report is regarding about Sri Lankan Construction Industry. And a analysis about the industry. Due to massive development endevours by the government and private sector in 2012 the construction industry has recorded a massive growth of over 17.3%‚11% in 2011.The construction industry only second to the tourism industry. The key entities that undertake construction work are as follows : * Registered contractors if ICATD * International Contractors * Unregistered informal
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“What Drives Success?” is an article written by Amy Chua and Jed Rubenfeld that uses facts to determine the simple question of what drives success. As the two authors dig into this subject they determine that other ethnic and religious groups are doing better than white Americans. Indian-Americans make almost double of what white-Americans are making (1). People of the Jewish religion only make up two percent of America’s population‚ yet they make up a third of the current Supreme Court (1).
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What Is Super Key In Dbms? Superkey - A superkey is defined in the relational model as a set ofattributes of a relation variable (relvar) for which it holds that inall relations assigned to that variable there are no two distincttuples (rows) that have the same values for the attributes... in Software What Is Super Key In Dbms Give Example? A superkey is a combination of attributes that can be uniquely used to identify a database record.With primary key if any other attribute is added then that
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Innovative Integrated Management System (IIMS) for Sustainable Food Industry Assoc. Prof. Dr. Prasert Suttiprasit Director of The Centre for Standards and Quality Development of Production and Services Sukhothai Thammathirat Open University Nonthaburi 11120‚ Thailand Tel. +668-1346-9000 Email. prasert_sp@yahoo.com ABSTRACT It is evident that the long-term survival and growth of global food industry depend on the availability and efficient use of raw materials‚ energy and water and other
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What is really meant by success? We are different individuals with different views and ideas about a certain matter. And every time we are asked about our dream in life‚ we often say that we want to be successful in life. The question is what is meant by success? When can we say that you are already successful? Our professor (Ma’am Jimenez) asked this during our last class prior to our examination in her class. We had offcourse our own definitions and indicators of success. Well‚ some of my
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Institute of Accountants) WHAT FACTORS DRIVE CHANGE IN MANAGEMENT ACCOUNTING IN MALAYSIAN ORGANISATIONS? Suzana Sulaiman Aliza Ramli Accounting Research Institute & Faculty of Accountancy Universiti Teknologi MARA‚ Malaysia Falconer Mitchell University of Edinburgh‚ UK Abstract Without knowledge of how the management accounting (MA) discipline changes‚ its development cannot be properly understood. Prior research indicates that MA has been changing and that many factors are implicated in its change
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