Chapter 1- What is strategy? Strategy- how to do better than your rivals What is the present situation? Where do we want to go? How will we get there? Strategy- doing things differently from rivals- competitive advantage Effectiveness & Efficiency Doing things differently than others either differently providing value Beauty is in the eye of the beholder Efficiently- “don’t care about value- but do it more efficiently Google focusing more on efficiency Sustainable Competitive advantage
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working for a local shoe store called Toulouse‚ which allowed him to consider the possibilities of this amazing market. “I was sixteen years old‚” he recalled in an interview with Johanna Berkman for New York Magazine. “My boss was 26. He had his own business. He was this really cool guy. He drove a Mercedes. He was my idol.” After graduating from High School‚ Madden made his way down to the University of Miami in Florida. Life was grand‚ only for a short period of time before his irate father reused
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The Business Model Canvas Key Partners ❏ ❏ ❏ ❏ Government Section‚ in this case is Ministry of Education Software and OS Development Thailand’s Educational Institutions Technology Distribution Designed for: Key Activities ❏ ❏ ❏ ❏ Distribution Technology Innovation Platform / Networking Problem Solving ❏ ❏ ❏ ❏ ❏ ❏ Intellectual Staffs Communication Engineers Antennas Research and Development Facilities / Programs Human Resources Physical Resources Cost Structure ❏ ❏ ❏ ❏ ❏ ❏ ❏ Google Marketing
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Tetra Pak Business and Innovation Models 1) Tetra Pak as a Market Pull model for innovation. Before the introduction of Tetra Classic pack in 1952‚ milk was sold unpackaged‚ in returnable glass bottles‚ in groceries and small stores. Distribution was by horse-drawn cart‚ which took days to reach certain areas. As self service stores gradually replaced traditional groceries‚ it led to the need for a more practical and hygienic system for selling milk. Tetra Pak’s packaging process enabled
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Business Case: Phillips Foods‚ Inc. 1) Problem statement: Phillips Foods Inc. just launched its new product called King Crab. It is a brand new product with a key innovation: a pasteurizing process which allows the product to stay fresh. The product therefore enjoys an 18 month shelf life. Management has decided to split the launch into two phases. Phase I is done; the company targeted foodservice buyers thanks to an advertising campaign through restaurant and institutional foodservice magazines
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The airlines industry has historically been one of the most unprofitable industries. The reason can be explained when incorporating Michael Porter’s famous Five Forces Model. The threat of competition is Southwest Airlines Co. (NYSE: LUV) is an American low-cost airline based in Dallas‚ Texas‚ with its largest focus city at Las Vegas ’ McCarran International Airport. It is the largest airline in the United States by number of passengers carried domestically per year and (as of December 31‚ 2007)
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Open innovation is a term promoted by Henry Chesbrough‚ a professor and executive director at the Center for Open Innovation at the University of California‚ Berkeley. The concept is related to user innovation‚ cumulative innovation‚ know-how trading‚ mass innovation and distributed innovation. “Open innovation is a paradigm that assumes that firms can and should use external ideas as well as internal ideas‚ and internal and external paths to market‚ as the firms look to advance their technology”
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that we should find out that what is the cause of high PE ratio or low PE ratio. For example‚ a company has sold part of their brand to other firms and result in a strong earning.This increase EPS greatly.However‚ the decrease in market price will be followed as a weaker performanace will be forseened.Overall ‚ the stock price will decrease and it results in a lower PE ratio.It may mislead some of investors to buy the stock . Apart from PE ratio‚ Dividend Discount Model (DDM) will be a better way
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THE BUSINESS PROCESS: A business process is a sequence of steps performed for a given purpose. Based on this generic definition‚ a business process considered within the framework of trade facilitation can be defined as: A chain of logically connected activities to move goods and related information across borders from buyer to seller and to provide related services. * A process has a definite starting point-the time‚ place‚ and point of input. * The input is transformed into output
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in selected food cart franchising business in the University belt: an assessment - Presentation Transcript 1. 2. 3. 4. B ackground of the study Franchising is often defined as being in business for yourself but not by yourself. It is route to expansion where there is a franchisor and a franchisee that enters into a franchisee agreement‚ although both parties have a contractual relationship‚ one that enhances and sustains the success of franchising. It gives the business a distinct ability
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