STRATEGY HUMMAN REURCE AND MANAGEMENT Human resource management is concord with the management of the employees of in organisation. What is human resource management? * HRM is he management process concerned with efficient and effective utilisation of the organisations employees through the development of policies procedure practices so that the objectives of the organisation are achieved in the long term. * SHRM therefore implies that the organisation must have the
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PORTERS 5 FORCES. DEFINITION OF ’PORTER’S 5 FORCES’ Named after Michael E. Porter‚ this model identifies and analyzes 5 competitive forces that shape every industry‚ and helps determine an industry’s weaknesses and strengths. 1. Competition in the industry 2. Potential of new entrants into industry 3. Power of suppliers 4. Power of customers 5. Threat of substitute products The Porter’s Five Forces tool is a simple but powerful tool for understanding where power lies in a business situation. This
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“The various market entry strategies to operate in global markets” By: Ahmed Moguib Table of Contents: 1- Research Objectives 2- General Introduction 3- Global Market Entry Strategies: Advantages and Disadvantages a. Exporting b. Franchising c. Acquisition d. Merger e. Joint Venture 4- Conclusion 5- Bibliography Research Objectives: This research is undertaken to identify‚ analyze and evaluate the various market entry strategies
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of Drug Control Ordinance - 1982. The recent developments of this sector has enabled Bangladesh to export medicines to global markets including the European market. This sector is also providing 95 per cent of the total medicine requirement of the local market. Pharma leaders in the country are beefing up their business activities with the aim to expand export market. Recently a few new industries have also been established with hi-tech equipment and professionals which will enhance the strength
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Case Study 1 – McDonald’s External Analysis (mODULE 2) Industry – global fast-food retailer‚ US based Product segment – burgers‚ French fries‚ nuggets‚ beverages and coffees and cakes in McCafe Current life cycle position in the industry – mature stage TEMPLES Technology (+) – adding technology to make drive-thru‚ ordering and payment processes easier Economic (-) – GFC during 2008-2009 affected US and the rest of the world which led to the declines in consumer wealth and purchasing power‚ and a
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us [pic] Porter’s Five Forces Model: Industry Analysis The External Analysis framework‚ also known as Porter’s five forces‚ is one the fundamental business models widely used by businesses and managements consultants. Originally created by Michael Porter‚ it is applied for assessing market forces within an industry and developing strategic recommendations. [pic] PORTER’S FIVE FORCES Michael Porter had outlined the following 5 key external market forces: Supplier and Buyer
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Mapping the Southeast Asian Telecommunications Service Industry using the Porter’s Five Forces Analysis The telecommunication industry offers a diverse set of products which includes Mobile Voice calling & Messaging‚ Mobile data‚ fixed voice calling‚ fixed broadband‚ satellite & IP TV‚ Mobile money etc. The major players in the Southeast Asian telecom industry (Singtel‚ Axiata‚ Telenor‚ Hutchison etc.) are facing a number of challenges .Emergence of Over The Top (OTT) communication tools poses a
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Developing Go – To – Market Strategies Webinar V 1 Go-‐To-‐Market Strategy § Overall strategy is the mechanism by which a firm proposes to deliver its unique value proposi7on to its target markets. § The set of integrated tac7cs a company uses to connect with its customers § Organiza7onal processes it has developed (e.g.‚ price‚ distribu<on) to consummate
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Generic Benchmarking Worksheet Task A: Problem/Opportunity Statement Instructions for Task A: In the Response row‚ write out the problem/opportunity statements for the scenario for each of the team members. Response to Task A: Global Communications will meet our customer and shareholders’ needs by creating by creating win-win partnerships that stimulates product expansion. Global Communications will meet our customer needs by product globalization and customer service superiority
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“The Competitive Five Forces that Shape Strategy” Hand-in Article Summary In this theoretical piece Porter explains how there are five main forces that shape competition in a company’s external environment. There are various different techniques for identifying strategic opportunities and it differs by industry. The classic five forces are: threat of entry: the risk of new entry by potential competitors‚ the power of supplies: the bargaining power of suppliers‚ the power of buyers: the bargaining
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