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Tangerine Competitiveness Quotes
"If winning isn't everything, then why do they keep score?" –Vince Lombardi I think this quote
represents competitiveness because when you're playing with your friends at the park usually you
just play for fun while on an actual court you play to win and you don't feel good no matter how
hard you tried in the game if you lose, you feel mad. Victor shows a lot of this he tries his best but
when he wins he is happy because he put in the work and he got the win, when he loses then he is
frustrated because he played his heart out and still lost. So how Victor and Joey act about different
times depends on how he does in soccer. Sportsmanship in Tangerine is mixed some people are solid
on if they are good sports or bad sports, the other thing is
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Alibaba Group : The Biggest E Commerce Company
1. Introduction
Alibaba Group is a Cinese E–commerce company which was founded in 1999. In the past 16 years,
Alibaba gradually grew into the biggest E–commerce company in the world. According to the report
of Alibaba (2015), by 2015 there are 350 million active buyers in Alibaba' s platform which is 100
million higher than 2014. The gross merchandise volume of Alibaba is 2,444 billion Chinese Yuan.
In 2013, the number was only 1,077 Chinese Yuan. It increased almost 250% in 2 years. Alibaba
benefit by the huge growth of online retail market. The total revenue in 2015 is 76.2 billion Chinese
Yuan. It is worth noting that in Chinese retail market, mobile penetration is 50.6 percent and mobile
users create 6,430 million RMB revenue which is a new record in the world.
According to Jack Ma who is the founder of Alibaba, the mission of Alibaba is to make it easy to do
business anywhere. Alibaba operate online and mobile platform in retail and wholesale trade.
Alibaba creates value by providing technology and services like cloud computing and online
financial services to consumers, merchants, and other participants to conduct commerce in Alibaba'
s E–commerce ecosystem. The main business of Alibaba are Taobao.com and Tmall.com.
Taobao.com is a customer to customer (C2C) online platform which was founded in 2003 and
Tmall.com is a business to customer (B2C) platform which was founded in 2008. AliExpress was
founded in 2010, AliExpress focus on global market especially in US,
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The Role Of Principles Of Global Talent Management On...
Role of principles of global talent management on global competitiveness of financial institutions in
Kenya .
ROMANO OKWI ELINGIT
DCB/10228/15
ABSTRACT
World wide economic environment is dynamic and more often affected with inflation that needs
counteractive strategies to survive. Principles of global talent management can come handy in
choosing the right talent at the right time to ensure that institutions especially financial institution
can sustain local and international economies .
KEY WORDS : Principles of global talent management, global competitiveness, financial
institutions
INTRODUCTION
Global competitiveness is one area all businesses are striving to attain because it comes with
increased market share and increased profits. Institutions need man power that is capable of making
them compete as market leaders such employees we term them talent for they come with their gift or
are trained to attain that status of becoming an important asset of the organization.
Role of strategy alignment on global competitiveness of financial institutions in kenya
Talent management starts with corporate strategy. It guides managers on decisions about what type
of talent they need. The emphasis is on placing the right person for the right job. Through the annual
institutional and worker review process emphasis should be placed on effectiveness of the worker on
achievement of the objectives set in the performance (Edwards, 2010 Foster et al., 2010, Frimann, &
Mønsted, 2012)).
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Divergent Competitiveness
1.50 CREATIVITY AND GENERAL MENTAL ABILITY Convergent thinking is defined as the
ability to apply conventional and logical search, recognition, and decision–making strategies to
stored information in order to produce an already known answer (Cropley, 2006). Divergent
thinking, by contrast, is defined as the ability to produce new approaches and original ideas by
forming unexpected combinations from available information and by applying such abilities as
semantic flexibility, and fluency of association, ideation, and transformation (Guilford, 1959, as
cited in Cropley, 2006, p. 1). Divergent thinking brings forth answers that may never have existed
before and are often novel, unusual, or surprising (Cropley, 2006). Guilford (1967) introduced
convergent and divergent thinking as part of a set of five operations that apply in his Structure of
Intellect model (SOI model) on six products and four kinds of content, to produce 120 different
factors of cognitive abilities. With the SOI model Guilford wanted to give the construct of
intelligence a comprehensive model. After these new constructs were introduced and defined, tests
for convergent and divergent thinking emerged. Despite the fact that Guilford reported ... Show
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Studies on the relationship between both constructs suggest that it is unlikely that individuals
employ similar cognitive strategies when solving more convergent than more divergent thinking
tasks (Jaušovec, 2000). However, to arrive at a quality formulation the creative process cannot do
without the application of both, convergent and divergent thinking abilities (e.g., Kaufmann, 2003;
Runco, 2003; Sternberg, 2005; Dietrich, 2007; Cropley and Cropley, 2008; Silvia et al., 2013; Jung,
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Competitiveness in the Industry
1. The smartphone business has evolved rapidly over the past few years, and has undergone some
shifts in the type of market model. The three basic model types are monopoly, oligopoly and
monopolistic competition. Another type, perfect competition, does not exist in practice but only in
theory as a means of understanding the extreme. Perhaps in a market where ten vendors are all
selling watermelons to an audience that knows its melons, you could argue that there is perfect
competition, but such markets are few and far between in the West.
In the smartphone industry, the competition is characterized by the operating system that the devices
use. Thus, when n the industry was first evolving out of the personal digital assistant industry, there
were only two main players, the Palm and the Blackberry. Apple entered the market and brought
with it a whole new set of consumers to a product that was initially seen as a tool for business.
Palm's popularity declined, but there were other new entrants ranging from Windows to other
proprietary systems and of course to Android. Now, the smartphone industry had evolved into a state
of monopolistic competition with half a dozen platforms all competing for the hearts and minds of
consumers. However, the industry is once again shifting back to duopoly status, with RIM being
marginalized and Apple and Google being the only two players that matter.
2. In the short run, the trend towards duopoly will continue. The two leading products have
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Strategic Management And Strategic Competitiveness
Running head: STRATEGIC MANAGEMENT AND STRATEGIC COMPETITIVENESS 1
Strategic Management and Strategic Competitiveness
Assignment 1
Gary Hobbs
Strayer University
BUS 499 – Business Administration Capstone
Professor Kristina Barnes
October 15, 2015
STRATEGIC MANAGEMENT AND STRATEGIC COMPETITIVENESS 5
Strategic Management and Strategic Competitiveness
The paper that I 'm writing will help you to gain information on how Strategic Management and
Strategic Competitiveness play hand and hand when dealing with a business. The business that I
have chosen to write about is Nike. I have always wanted to know the practices that Nike used to
make their business last this long and how have they been so successful. I will explain to you how
globalization and technology changes have helped or hurt the company and the major role that it has
played. I also plan to construct a plan to see how my corporation could earn above–average returns
and increase their gaining potential. I will explain Nike 's vision and mission statement and show
how this had allowed them to continue to be one of the most outstanding business in this day and
age. In turn, I plan to show how each or stakeholder plays an important role in the success of the
corporation.
Strategic Management and Competitiveness, are two separate but related topics that play a vital part
of business organizations worldwide. Competitiveness relates to the effectiveness of an organization
in the marketplace to
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International Competitiveness Of The Computer And Software...
2.1 Nowadays the Internet market is dominated by companies based in the United States. This is due
to a series of factors and conditions as in order for a company to strive in Market it requires a variety
of factors in its home base. In the United States there are a range of factors, which support the
Internet industry as well as generalized advantages that span across domestic industries. A high GDP
per capita joint with being the country the 3rd largest population meant that many American citizens
had large disposable income, which could be spent on expensive computer hardware and monthly
Internet fees. This rich supply of capital, entrepreneurial orientation, and world–class educational
computer technology facilities explain the national competitiveness of the computer and software
industry in the United States.
Due to the potential of growth of this Industry within the nation many businesses and consumers
promptly adopted the Internet. An increase in income meant that the demand for online goods
rapidly increased, as consumers were able to spend more. These demand conditions allowed online
multinational companies such as Google to innovate and thrive in the U.S. market due to the rich
environment.
Factors such as related and supporting industries have a great influence on the national
competitiveness of the United States in the computer and software industry. The presence clusters
with a dense population of high–tech companies, in particular the Silicon Valley, not only
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Strategic Competitiveness Of XYZ Hotel
Conclusions
This research study attempts to analyze the service quality and brand awareness of the guests toward
the strategic competitiveness of XYZ Hotel. The degree of which these variables influence the
hotel's competitive strategy in obtaining competitive advantage over its rivals and the impact of the
strategy towards the five–star hotel performance.
5.1.1 Descriptive and Hypothesis Analysis Conclusion
Based on the findings and analysis on the previous chapter, it is concluded that the majority of
respondents heard about XYZ Hotel from families or friends recommendation. The rest knew about
the hotel from "other", such as the company that they are working for, events, and the internet.
However, only 9% had heard of the hotel from social ... Show more content on Helpwriting.net ...
Therefore, it is suggested that service quality may not be a key variable of strategic competitiveness.
However, it is necessitated that in the future, XYZ Hotel should continue delivering exceptional
service to its guests, as five–star hotel is famously known for its excellency in service delivery.
Hence, this can be done by consistently monitor the quality of food served at all the restaurants in
the hotel, the promptness level of staff in fulfilling the needs and wants of the guests and not only
monitor the behavior and attitude of staff in the restaurant or front office, but also the
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Argumentative Speech On Competitiveness
Antithesis–State all the bad, before you state the good Ethos– I am a lawyer Logos–Definitions/ No
competitiveness no lawyers Personification– Jealousy and Competitiveness are people Parallel
Sentence– We Want We Want Ladies and gentlemen of of the jury! Before we accuse our defendant
of starting fights, destroying connections, and firing teamwork, we must understand what it is.
Competitiveness is defined by the desire to be better than others. To be better than others, does that
mean we dislike others, or want them to stop? No it simply means that we want to higher our
standards to achieve theirs. It means that we want to better ourselves. We want to improve, we want
to have the greatest possibilities. Our defendant, competition is ... Show more content on
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Now I'm not going to lie to you, sometimes competitiveness has an ally. The ally is jealousy, but
listen, we all have friends who are completely different from us, and competitiveness does to.
Jealousy is not competitiveness although, sometimes they come hand in hand. More often than not,
we have learned to ignore jealousy, and so when they come as a team, we focus on the
competitiveness, and avoid being jealous. When jealousy realizes that it has no purpose, it leaves,
and we remain solely competitive However, competitiveness isn't the nicest guy on the block. He's
usually polite, but when in action, he is definitely not friendly.Why? That is his job. Tell me, at
work, do you spend most of it in the hallways socializing, or do you spend it working? Unless you
like to slack off, I think most of you would be working. That's the same with competitiveness. Once
it is working, it wants to get its job done, and over with. It doesn't want to waste time. After it has
completed what it needs to do , it goes back to being friendly, just like most of us are at work. After
all that I've done to defend competitiveness I must tell you that competitiveness does get out of
hand. You've all seen those movies where someone hijacks their roommate's alarm clock, so that
they can get the best position . You've all seen what happens when you let the desire to win take
over your life, and let jealousy influence competitiveness. Everything can get out of hand. So I
believe that
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Examples Of Competition In A Separate Peace
"Above us in Latin flowed the inscription, Here Boys Come to be Made Men" (Knowles, 165).
Competition motivates people throughout their lives. It gives them something to work for and
something to win for. Olympians compete, politicians compete, and even students compete. Gene
and Phineas, as do many others, face the theme of competition throughout their story and years at
the Devon School. In A Separate Peace, by John Knowles, competition is portrayed as a theme using
symbols, dramatic situations, and foreshadowing. The main symbols that portray competition are the
tree and the marble stairs. Everything seemed perfect in Gene and Finny's relationship with each
other; however Gene went above and beyond the limit by idolizing Finny. Competition arose
between the two boys. A little competition between friends isn't bad, but the element of competition
was much stronger in Gene's character. Eventually, this lead to Gene performing an act of jealousy
to even out the competition. This is where the symbol of the tree comes into place. Gene's act of
jealousy was jouncing a tree limb causing Finny to ... Show more content on Helpwriting.net ...
'"There aren't any teams in blitzball," he yelled somewhat irritably, "we're all enemies" (Knowles,
38). Exactly, Finny. This foreshadows the destruction of Finny and Gene's friendship because
eventually they become enemies even though they were best friends. "He hesitated and then added,
"which is what you are," and there was silence on his dune" (Knowles, 60).Right before this quote
Finny calls Gene his best friend but Gene makes the mistake of not saying it back. Both boys realize
that they aren't best friends. Gene feels like he doesn't deserve to be Finny's best friend because
Finny is so much better than him which then caused Gene to become more competitive. The boys'
competitiveness is foreshadowed throughout the book as their friendship begins to
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Competitiveness In America
Over the period of study, the relative strength in the Peripheral South diminished as the Republican
Party became more competitive in the Deep South. Over time, one should see both the national and
state indexes increase with the state party index lagging behind the national party index. While this
is far from definitive, it supports the findings of some scholars who say that the increase in
Republican Party competitiveness started at the national level and went to affect the competitiveness
of elections to lower level political offices. A major reason that the state score index lags behind the
national index is that the state index includes state legislative offices (and not votes as we have for
the other offices included in the MPI) which ... Show more content on Helpwriting.net ...
This is why I included the percentage of congressional turnout in the model. One should know from
previous research, that increases in voter turnout in the South was not confined to African
Americans. Several scholars saw an increase in white voter turnout from the early 1950s to the
1970s of about 70 percent. Voting was no longer for the populations' "better people," but instead
became more universal. Looking at figures 3.3 and 3.4, it is evident that there is an upward trend in
the data, but that the increase is much larger in the Deep South than in the Peripheral South. The
midterm effects is present in the data with the reduced turnout in the midterm
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The Concept Of National Competitiveness
Introduction
The concept of national competitiveness has become a key issue to managers of firms and
understanding it has important ramification for policy makers as well. While most agree on the idea
of competitive firms, the notion of competitive nations is vague at best. Even with all the debate,
discussion, and research there is still no pervasive theory. In fact, there is not even an accepted
definition. Classical economic theorists dismiss the concept of competitiveness all together and
instead look to comparative advantage and the drivers of trade surplus to explain national prosperity
as a positive sum game. Harvard's Michael Porter approaches the subject from a different view,
asserting that defining competitiveness as ... Show more content on Helpwriting.net ...
First, a study that compares the relative effects of each view on a national economy is explored.
Next, both competing theories and their criticisms are explored. Finally, the impact of these theories
on policy decisions is discussed.
Article Review
In a unique study that addresses the debate directly, Thompson (2004) questioned if alterations in
relative business costs underpinned by currency change would affect national competitiveness (strict
economists view) more or less than institutional ( legal, governmental, public policy and other
factors) changes (the view of business/management scholars like Porter). To do so he studied a
specimen economy, Hong Kong which experienced a considerable decline between 1997 –2002.
During this period the Hong Kong dollar appreciated and sweeping institutional changes occurred as
Hong Kong returned to China. At the same time, Hong Kong dropped from third place to seventh
place in the World Competitiveness Yearbook and from second to eighteenth place in the Global
Competitiveness Report. Cost competitiveness had nothing to do with these declines instead they
reflected significant changes by the governments of Hong Kong and China that were counter to the
institutional foundations of Hong Kong's past competitiveness. Thus Hong Kong presents a unique
opportunity to separate the contributions to national competitiveness of
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Case Write-Up Trader Joe's Essay examples
How do firms in the supermarket industry make money?
Operating on very thin profit margins, players in the supermarket industry traditionally either focus
on a premium segment or follow a discounter strategy at the low end. Premium players address
educated and more price elastic consumers who value healthy, natural and organic food; the share of
perishable items for these players is normally distinctly higher. Players that focus on a discounter
strategy offer a higher share of simple necessity items and value price competitiveness over
premium features like healthiness or organic origin. Independently of the focused customer group it
is imperative for players in the supermarket industry to be cost efficient and optimize operations ...
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Thirdly, Trader Joe's stores are small and located in non–prime locations, which holds fixed
operating costs at bay. Furthermore, the company is able to generate the industry's highest sales per
square feet in its small sized stores. In an effort to diversify from its competitors, Trader Joe's also
relies on a non–traditional marketing strategy. Completely neglecting conventional marketing
techniques like commercials or promotional offers, the company focuses on unique and store
specific in–store marketing with its newsletter and the occasional radio ad being its major means of
communication with its customers. The Trader Joe's brand with its vast fan base is naturally another
part of the company's competitive advantage.
What are the main threads to Trader Joe's competitive advantage? Is the company's competitive
advantage sustainable?
Trader Joe's faces several threats to its business, as competitors try to invade the company's niche
and attempt to imitate the company's core strategies. The supermarket industry itself faces a major
threat, as larger chains such as grocery retailers Wal–Mart and Tesco have begun to open small–
format stores that mimic the Trader Joe's approach. This invasion results in additional cost pressure
for incumbents like Trader Joe's, which had to let go employees in order to become more cost
competitive.
In
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The Journey Of Becoming A Counselor
The journey to becoming a counselor starts far before applying to graduate school. It begins even
before the thought is realized. The development of one's personality plants seeds that lead to many
paths for growth. Stepping back to evaluate your own personality can allow for greater
understanding that will aide you to fully discovering the path to take.
When looking back at the development of my personality, I have to examine all of the factors that
contributed to shaping me into me. My personality is competitive, trusting, empathetic, funny,
introspective and even–keeled. Breaking down each characteristic deeper allows me to investigate
how I came to adopt the trait. Competitiveness is an inherited trait. My father played professional
sports and his competitive nature was ingrained in me from birth. Growing up with a 'public' figure
as a parent is a unique experience. There is pressure to 'maintain' other's perceptions and balance
your personal motivation system with living up to what you think is expected of you. Perfection or
excellence was never something that was my parent's forced on me, but knowing that other people
expected it of me, weighed pretty heavily on me. As a result of soft determination, I was enrolled in
sports at age 5. The benefits of participating in sports are great. They teach you teamwork,
accountability, how to face adversity and healthy competitiveness. I was fortunate to excel at soccer
and played for a select team that was
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Strategic Competitiveness
A – Submit your company's final cumulative balanced scorecard, income statement and balance
sheet. B – Discuss the generic competitive strategy you selected for your company. Include the
following in your discussion: What actions were built into your strategic plan to achieve competitive
and financial success with that strategy. Why you selected the strategy you used. The company's
competitive strategy exclusively involves the specifics of management's game plan for competing
successfully; its specific efforts to please the customers, its offensive and defensive moves to
counter the maneuvers of the competition, its responses to shifting market conditions, its initiatives
to strengthen its market position and the specific kind of ... Show more content on Helpwriting.net
...
This was also evident when looking at the Credit Rating and Image Rating. Again, in both
categories, Company C went above and beyond all of the competition. Company C appears to have
found the right combination to be extremely successful in the Shoe Manufacturing business. C1 –
Discuss how successful you were in predicting your competitors' next moves. It was difficult to
predict exactly what the competition's next moves were. One could surmise that basically, each
company wants to make more money than everyone else. Based on that, we would want to
determine the best way for our company to make more than our competitor's, which didn't turn out
too well for F Troop shoes. D – Discuss how sustainable the most dominant competitive advantage
achieved by any company with your industry was. Company C ran the gambit on the market. One
area of particular note is that of their Stock Price per share. The stock prices began Year 11 at
72.66/share and dramatically increased each and every year; by the time Year 18 arrives, their stock
prices are 571.83/share. Their Return on Equity rose just as dramatically; Year 11 Company C was
at 23.3%. By the time Year 18 arrives, their Return on Equity was at 53.8%. With numbers like this,
Company C will be incredibly sustainable. Their investors will want to continue investing in the
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Competitiveness And Its Effect On Our Lives
Competitiveness is the spark that ignites the flames in our minds. It is what governs our very
existence, our survival in this world. The world's motivation to do the best we can and to accomplish
what no other has is stimulated by competitiveness. Our relationship with our family, friends,
neighbors, community, and the planet is what inspires us to push ourselves to our culminating limits.
Many would witness contention amongst children as a detrimental aspect of behavior, while in
reality competition is what allows us to excel beyond our accomplishments. Students can set goals
for themselves and become proud of the work they achieved when they look at themselves in the
mirror and envision the person they have become. When we apprehend the reality of the world, we
come to realize that there is little in life for which we do not compete for. Our country, our world,
needs to redefine the interpretation of competition and what it means to be successful and
unsuccessful in life, particularly in education.
Competitiveness is the process of motivating students by fueling their flame to success. It is the
opposition between two forces that contest to achieve the same goal, success. Competitiveness
defines us as human beings. The ideology of competition derives from our obligation to surpass
others in life. Humans are universally characterized with greed, but in this world, we cannot always
have what we want. We have a tendency to want certain things that we cannot have, and as a
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2. Does Porter Fail to Explain How the Factor and Demand...
2. Does Porter fail to explain how the factor and demand conditions that mould a nation's corporate
strategies, business structures, and industrial clusters are established? What other theories and
evidence might assist such an explanation?
Porter explains what factor and demand conditions are, but he fails to explain how they are
established. He defines then, and explains them in detail, but lack the most important aspect, which
is how they are established. A theory like this is not of much use without the information about the
way one can gain these advantages. Porter is always greatly praised for his great work in the
management field and he does deserve some of this praise, but if he doesn't manage to explain
himself fully ... Show more content on Helpwriting.net ...
Porter does mention that a nation with only 2 of the determinants, if in a natural resource or low
sophisticated technology or skills industry, will still have an advantage, but will not be able to
sustain it. These aspect are all key, but probably the most vital two are rivalry and cooperation
within the nation. These tie in with Porter's theory of industry clusters. The idea behind of rivalry
and cooperation within a nation is that the rivalry will help drive the firms forward and the
cooperation will also help each firm be more competitive in the global market. The firm may share
ideas of production or new technological revolutions. This information would be shared within an
industry cluster. "..the fundamental source of the domestic industry's global competitive advantage
may well be domestic cooperation that ensures the collectivization of knowledge–a process that
gives those individual enterprises within the domestic industry that share knowledge and ability to
engage in continuous innovation." (Lazonick, 1991) Industry clusters are "geographic
concentrations of interconnected companies, specialized suppliers, service providers, firms in
related industries, and associated institutions (for example, universities, standards agencies, and
trade associations) in particular fields that compete but also cooperate." (Porter, 1979) The
importance and role of clusters, from Porter's
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Tweeter Price Competitiveness
Tweeters price competitiveness From exhibit 13 in the case it is clear that Tweeter is price
competitive in almost the entire range of items and models that it sells. In an objective model by
model comparison (see appendix 1 for a sample comparison) Tweeter either matches or betters
competitor 's prices. Further more when you compare quality and level of service and price paid
Tweeter is cheaper than the competition. However, the competitors run spot sales (not advertised)
and advertised sales, which at the point of sale gives the impression that the competition is more
competitively priced. More importantly though the competition namely Lechmere, Circuit City and
the Wiz all carry lower range and lower priced items in each category ... Show more content on
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Tweeter is attempting to address the price sensitivity of their customers by this strategy. So far APP
has been successful as a retention and acquisition strategy. From 1992 to 1996 Tweeter 's core
customer market share has grown from 19.6% to 25.2% (Appendix 8 Tweeter). By contrast with the
exception of Circuit city (Appendix 10 Circuit city) over the same period the market share for this
class of customer has increased by a smaller percentage (Appendix 9 Lechmere) or actually declined
(Appendix 11 Other retailers). Since Tweeter has retained its customers and acquired more
customers over the years I would say the strategy is applicable and successful for both functions.
The success of the strategy would be amplified if Tweeter educates its customers better about APP
since according to the survey, exhibit 14, in the case a large percentage of people are unaware of or
have misconceptions about APP thus making it less effective. Competition reaction In 1996 sales to
this class of customer at a 30% markup represents $11,975,040 margin for Tweeter, $16,917,120
margin for Lechmere and $13,258,080 margin for Circuit City. This is an important source of
margin for the Superstores, however represents only 10% and 15% of their overall sales
respectively. So I believe that they will fight to keep their customers rather than fight to gain
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Examples Of America's Competitiveness
Let's be honest. America may be the most competitive country in the world though China is rapidly
catching up. Competitiveness lies at the heart of what has driven our country to become the best on
Earth at so many things. Whether the space race, the arms race, the human genome race, or the rat
race, we Americans have been determined to come in first in just about everything we do including,
seemingly, bad stuff like obesity, gun violence, and divorce. Now don't get me wrong; I'm not saying
competition is all bad. America's competitiveness has propelled us to win Olympic gold medals,
have the top universities, be the financial center of the world, the leader in technological innovation
and medical breakthroughs, and dominate Nobel Prize awards about 40% have gone to the good old
USA. And I'm not suggesting that we abandon our competitive ways. To much good would be lost if
America renounced its "We're #1!" ways and decided to kick back and relax. ... Show more content
on Helpwriting.net ...
More and more activities that people used to participate in because they were fun, healthy, social, or
intellectually stimulating are being turned into competitions. Let me begin with the most obvious:
dancing and singing. Remember when you danced because it felt so good to just let go and move to
the music even if you were a terrible dancer Yes, there have been ballet competitions for many
years, but that doesn't seem like such a stretch because ballet dancers were already vying for coveted
places in schools and companies, and for roles in productions. And ballroom dancing which, believe
it or not, is trying to become an Olympic sport has been around for a while. Now we have Dancing
with the Stars and So You Think You Can
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Case Study Of Porter's Diamond
Topic: Does Porter's 'Diamond' concept convincingly explain the achievements of major national
business systems, or are their weaknesses, theoretically and empirically, in his arguments?
There exist classical theories of international trade which discuss the reasons why particular
industries and particular economies are more competitive than the rest. In his book The Competitive
Advantage of Nations, Michael E Porter argued or analyzed the broad factors which determined the
competitiveness of certain economies and industries. This model is based on four nation's specific
factors and two external variables. The four cornerstones of the diamond model are the factor
conditions, the demand conditions, the related and supporting industries and ... Show more content
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It is interesting to note that nestles 95% percent of its revenue is earned outside its home based of
Switzerland.
Rugman's analysis resulted in the "double diamond being creative which is a better tool to analyze
the international competitiveness. Rugman's criticism of Porters diamond appears have to be
successful as Porter himself later on admitted that firms can have multiple home bases. For instance,
Mexico's economic future is closely linked to its neighbor the United States of America and also
through North America. Hence the double diamond proposed by Rugman proves to be more
effective in determining Mexico's success/ resurgence in various economic sectors.
One of the four cornerstones of the Porters diamond is the importance of rivalry. In the year 1993
Lazonick argued that rivalry alone cannot cause firms to innovate. He was of the opinion that when
the firms face too much pressure from competitors, it may cause the companies to adapt and imitate
instead of innovation. For instance when US firms faced challenges from foreign competitor's
cooperation rather than rivalry became necessary to prevent loss of market share to foreign
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Competitiveness, Strategy, And Productivity
Chapter 2: Competitiveness, Strategy, and Productivity To begin with, Chapter two covers three
important aspects of the business world which are competitiveness, strategy, and also productivity.
These particular aspects are very important for any company to succeed in the world of business.
With that being stated, any type of firm such as a manufacturer or a service provider, they must
employ these three aspects because they play an important role in growing revenues. For an
organization to even be considered successful, they must have a competitive advantage which leads
to a strategy that will meet the company's goals, while having the knowledge–ability to help produce
the goods and services in a cost effective manner. Also, it is known that most organizations have a
single state called the Mission Statement. The mission statement basically summarizes these three
aspects of a company. One question that the Mission Statement should address is, "What level of
business are we in?" This mission statement is categorized as the absolute basis for the
organizational goals. Furthermore, this particular topic helps the business world in so many ways.
Competitiveness, Strategy, and Productivity are the three important characteristics of any business.
Competitiveness in this chapter refers to the effectiveness of an organization in the marketplace
similar to the other operations that offer familiar products or services. Strategy is known to denote a
particular plan for achieving
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Examples Of Connotations Associated With Competitiveness
Table 1 : Select connotations Associated with Competitiveness (Based on Singh et al (2007)) SN
Connotation Source 1. Superior manufacturing performance leads to competitiveness. Leachman et
al. (2005) 2. It is dependent on ability to provide goods and services more efficiently than others
involved in the market place. Ajitabh and Momaya (2004) 3. It comes through a process by which
one entity strives to outperform another through the use of various resources and capabilities. Hitt et
al. (2001) 4. It is a concept comprising of the potential, the process and the performance. GMR
(2001) 5. It is synonymous with productivity and is assumed to capture quality feature as well as
efficiency feature. Porter (1990) 6. a broad multi–dimensional concept that embraces numerous
aspects such as price, ... Show more content on Helpwriting.net ...
Therefore strategy should match to resources, altering environment and in specific markets and
customers. Therefore for surviving in this new competition, firms will have to develop suitable
strategies for cost reduction, quality enhancement, new investments and development of
competencies. Due to dynamic nature of market scenario, strategies will have to be dynamic with
time. A more natural and evolving approach is therefore to think of knowledge and skills required by
a company in order to maintain or improve its competitiveness. It is interesting to identify various
pressures and constraints on Indian auto component sector, relationship of pressures and constraints
with strategies and finally to analyze relationship of strategies with performance and
competitiveness. Formation of strategies and their implementation will decide their performance.
Performance measurement can be both subjective and objective. Performance of organizations on
these measures will lead for its sustainable
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High Levels Of Competitiveness And Hyper Competitiveness
Thornton, Ryckman, and Gold (2011) theorize that high levels of competitiveness or hyper–
competitiveness would have a significant influence over achievement striving and impatience and
irritability. It was further hypothesized that personal development competitiveness would be
correlated with achievement striving but not with impatience or irritability. Hyper–competitiveness
was defined as competitiveness with others while personal development competitiveness was
correlated with competing with oneself for self–improvement. Three hundred and four participants
were administered the Hyper–competitive Attitude Scale, the Personal Development Competitive
Attitude Scale, and the Type A Behavior Pattern Inventory. The results of the study indicated that
Type A individuals who were hyper–competitive were more likely to demonstrate the irritable and
impatient aspects of Type A personality. They were also less likely to demonstrate positive
correlations with achievement strings including academic achievement. In contrast, people with high
levels of Personal Development Competitiveness were more likely to show high level achievement
strings including academic achievements and were less likely to demonstrate impatience or
irritability. Thornton, Ryckman, and Gold (2011) argue that this demonstrates that while some
aspects of Type A personality and competitiveness have a positive effect on academic achievement
and other types of achievement strings– some can be highly detrimental to
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Weaknesses Of The Diamond Model
Introduction
With rapid global competitions, nations seeking different ways to achieve competitive advantages,
yet there is never a certain model for establishing competitive advantages. In addition, the Diamond
Model proposed by Michael Porter considered as the most convincing one.
Porter (1990) argued that if a nation can achieve competitive advantages, certain factors are
required. He claimed a nation's competitiveness should depend onhow its industries are innovating
and upgrading. Nevertheless, advantages can gain through pressure and challenges, since if
companies are having strong domestic rivals, aggressive home based suppliers and demanding local
customers, they will needed to keep upgrading and innovating, as to hold the position. Furthermore,
Porter (1990) indicated howa ... Show more content on Helpwriting.net ...
Furthermore, Waverman (1995, p.70) argued that "does not distinguish between hypotheses,
theorems, conjectures and facts and thus cannot proceed to prove causality" claiming the diamond
model was too general that it could only illustrate the situations between trade and competitions, yet
the model ended up with nothing construed.
Double Diamond Model
To adjust the weaknesses of the diamond model, the "double–diamond" concept was suggested by
Rugman and D'Cruz (1991) and following with Dunning (1992), stating that the analysis of factor
conditions, demand conditions and the forces driving the industry competition as well as the effects
of multinational activities should be considered into the model, so as to have a better framework to
understand the competitiveness behind nations.Theoretically, both models are critical in analyzing a
nation's competitiveness or consider as framework for developing a nation's competitiveness.
Hong
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Entry Mode Theory
The Entry Mode Theory –Different Approaches– Topic Paper for International Strategic
Management Outline Abstract 3 Introduction 3 Overview of Entry Mode Theories 4 The Uppsala
Model 4 The Uppsala Model – Example 4 The Uppsala Model – Limitations 5 Porter's Diamond
Model 6 Porter's Diamond Model – Example 6 Porter's Diamond Model – Limitations 8 The Born
Global Concept 8 The Born Global Concept – Example 9 The Born Global Concept – Limitations
10 Conclusion – the comparison and relation of Entry Mode Theories 11 Chronological
development 11 Level of risk 12 Time consumption 13 Investment cost 14 Typical type of
corporation 14 References 16 Abstract The literature focuses on three entry mode ... Show more
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The next step was the establishment of subsidiaries in Norway and Finland. After acquiring
experience in the Nordic countries, Volvo started to export its products to countries with greater
distance, namely Holland, Belgium and various countries in South America. As a last step, Volvo
established subsidiaries in Finland and Norway. In the 1950s, further expansion followed.
Subsidiaries were established in most European countries, USA and Canada. In the year 1973 Volvo
opened up a car manufacturing plant in the USA, followed by a second one in Belgium in 1975.
Nowadays Volvo has over 100 export markets, manufacturing subsidiaries in five countries and
sales subsidiaries in twelve. The Uppsala Model – Limitations The Uppsala model is the historically
oldest entry mode theory discussed in our paper. One could argue that it is particularly the date of
origin that reveals its limitations. The development of the global infrastructure has not reduced the
physical distance; however, it has certainly helped to overcome it. Furthermore, technological
milestones like the Internet have simplified communication significantly. As a result of these
advancements, the cultural exchange around the world has increased leading to some extent of
cultural convergence. Due to these dramatic changes in logistical capacities, communication
technology as well as ongoing cultural convergence, much of
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What Is Global Competitiveness Is Becoming More About '...
In today's environment, companies have to compete on every level, as the markets are getting
increasingly competitive. Competition is no longer simply down to product and instead
organisations have to take other things into consideration, particularly their strategy for success.
Companies have to look for a way to diversify themselves from their competitors in the market and
the main way of doing this is to focus on their mind–set. This essay will look to evaluate the extent
to which global competitiveness is becoming more about 'mind–set versus mind–set' or whether
companies still depend on 'product versus product' as their foundation of success (Hamel and
Prahalad, 1993, p77). Taking into consideration theories of strategic intent, ... Show more content on
Helpwriting.net ...
For example, the operations department within an organisation need to be ensuring that production
levels are high, whilst the marketing department need to be advertising the products to the extent
that makes production meet sales. Without the right mind–set in departments and the attitudes of
organisational members being consistent throughout an organisation, the likelihood of success is
minimal. People will be working towards different things and resources will be divided amongst
different projects and therefore never actually reaching their full potential (Mintzberg et al, 1987;
Hamel and Prahalad, 1993). Strategic intent, a notion pioneered by Hamel and Prahalad (1990) can
be considered to be at the heart of a company with a strong, prosperous mind–set. This notion
outlines the organisations ambition that creates the mind–set within and pushes all components of
the organisation to achieve the goals outlined by management. An organisations strategic intent can
be best understood as 'big, hairy, audacious goals' (Collins and Porras, 2000, cited in McGee et al,
2010, p30) that define their long–term vision and the small steps that need to be taken in order to
achieve this, emphasised by the analogy; 'a marathon run in 400–meter sprints' (Hamel and
Prahalad, 1990, p43). Companies with a strategic intent that appeared 'out of proportion to their
resources and capabilities' and therefore shaped the
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Tiger Moms Competitiveness In Schools
Today, many children attending public schools in high achieving districts feel pressured to do
extremely well in academics because of competition from many of their peers being raised by tiger
moms. The competitiveness in these schools are putting a strenuous amount of pressure on kids who
are already overexerting themselves and this can lead to mental instability and suicide. It has gotten
to a point where one school district in Princeton, New Jersey has to limit the amount of extra classes
and homework given at the schools due to competitiveness of the mostly Asian children and their
tiger moms. When children's safety is at stake, nothing else is more important. One fourth grader
attending the district said ""I'm not going to amount to anything
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The Positive And Criticisms Of Porter's Theory
4) Criticisms on Porter's Theory There have been many different reactions towards Porter's theory
on how nations ought to compete. Some responses were validated while others rebutted his theory.
Firstly, the positive response will be discussed before focusing on the criticisms of Porter's theory.
Oz (2002) implemented Porter's Diamond model to analyse the competitive advantage of five
Turkish industries and the outcome was favourable and thus validated Porter's theory. For example,
the uncompetitive Turkish automobile industry resulted in uncompetitive companies, while the
presence of demanding buyers and hence intense local rivalry in Turkish construction and leather–
clothing industries pushed the companies to innovate and become globally competitive. The Turkish
findings by Oz thus validated Porter's theory that indeed, competitive industries of a nation are
inclined to cluster together. On the other hand, the criticisms of Porter's theory vary widely.
Lazonick (1993) downplayed the importance of rivalry and argued that companies facing immense
pressure from competitors may decide to adapt through imitation instead of innovation. For
example, in order to prevent waning competitive advantages due to challenges from overseas
competitors, US companies chose to cooperate rather than compete with each other. Additionally,
Chang ... Show more content on Helpwriting.net ...
Although reputable academics like Dunning and Rugman has developed an extended version of
Porter's Diamond model, it is evident that their work has not fully disproved his framework and
simply highlighted the incompleteness of his work as there remains many benefits as to how his
Diamond model justifies national
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Kaizen Model: A Competitive Country
Every country wanted to be highly competitive internationally. It is because a competitive country
basically have a stable economy than other country and will be able to attract investors from across
the globe. To establish a competitive country, there are several things a country can do. From
individuals, organizations and government can contribute to a competitive country. According to Al
Smadi (2009), to be a competitive country, changes of attitude has to be started from the company
itself. Such as, managers has to be be able to share their knowledge and experience with lower
levels workers. Al Smadi (2009) in his article suggest that, to be a competitive company or
organizations, the company or organizations can implement Kaizen model. Al Smadi (2009) believe
that, "...Kaizen model can substantially contribute to continuous improvement and, thus, drive
organizations for high competitiveness without a need for major investment". Which means, a
company or organizations can make changes in their work culture without investing to much money.
Thus, profitable for company future well–being. ... Show more content on Helpwriting.net ...
In business...the process of gradual and incremental improvement in a pursuit of perfection of
business activities." Which means, it is everyone responsible to make a continuous improvement in
the organizations in order to be highly competitive in industry. Furthermore, based on Kaizen, every
single day should have an improvement anywhere in the organization (Al Smadi, 2009). Every
improvement that been made can enhance a company competitiveness in industry. Thus, every
improvements are important and should not be treat as
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The Competition Conflict Style Of A Baseball Card Collection
Another area that had results with striking variations between the different assessments is the
competition conflict style. When I was younger, this was definitely my go–to style of conflict. I had
a competitive flair in about every situation, be it with my friends, brothers, classmates, or parents. I
remember being mad that my childhood best friend Chris had better baseball cards than I did. So
when my Nana (my maternal grandma) took Chris and me to target and offered to buy us both a box
of cards, I told her she should not do it. I selfishly wanted to be better than him at something as
small as a baseball card collection, so you can imagine how competitive I was with sports with him.
The way I acted with Chris was similar to how I acted ... Show more content on Helpwriting.net ...
Still, Josiah thought competition was my most common style. On the contrary, Ben and my mom
had it as one of my least used methods. My level of competitiveness differs greatly depending on the
individual. Those who are competitive themselves are usually the ones I will be the most
competitive with. Part of this is because I am only competitive in certain situations, such as when
playing sports. For example, I used to play Josiah sometimes in one on one basketball. He being
much shorter than me would struggle to compete and would compensate by playing overly
aggressive. It would cause a conflict where I would call him out and he would compete against me
in an argument. We have been so close our whole lives, and competitiveness with him is very hard
to abandon because it was always the norm. For people I have befriended more recently, my
competitiveness is often scaled way back. For example, when I play basketball against Ben, he is
simply not a good ball player and he would be intimidated if I played competitively against him. So,
with Ben I ditched my competitive nature. Additionally, I think I have grown to be good at
understanding others and realizing if a competing style will be tolerated by them and to what extent.
During my freshman year I had an argument with my roommate Steve about Michael Jordan and
LeBron James. We argued for an hour about who was better,
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Diamond Concept: Measuring Competitive National Advantages...
Diamond Concept as a Tool for Measuring Competitive
Advantage for Nations
(
Porter's five forces were formulated by Michael E. Porter as a framework to analyze industry and
business strategy. He posits that countries, just like companies, compete in the international markets
for their fair share. According to Davis and Ellis (2000), the focus on competition is diversion from
traditional economic thinking. Unlike the previous theories that only work on one or two
dimensions, Porter's theory connects firms, industries and nations.
He put forward two propositions after carrying out studies in different nations. The first one is that
the competitive advantage of a nation's industries is determined by the ... Show more content on
Helpwriting.net ...
Although widely acclaimed, the theory has its own share of numerous conceptual flaws, especially
that of elision. Subsequent research on the theory has tended to refute the theory's major assertions.
For example, contrary to what the theory asserts, sustained prosperity may be achieved without a
nation becoming innovation driven (Davidson, 1991).
Many of the internationally successful industries do not have a strong diamond base in place.
Similarly, inward foreign direct investment does not indicate a lack of competitiveness. The theory
also claims integration between international economics and strategic management. This stems from
the mistaken attempt to substitute competitive advantage for comparative advantage (Caves, Frankel
and Jones, 1993). Policy makers are left with a number of issues with which to base the SWOT–type
analysis of their economies' positions on. This is not in respect to competitiveness but of the
different industrial sectors available in their economies. However, they lack reliable guide with
respect to the appropriate policies to pursue (Congdon, 1990).
The theory encourages economies, especially the developing ones, to pursue policies that may be
harmful. The fundamental objective of Competitive Advantage of Nations (CAN) was to explain
why some 'social groups, economic institutions and nations advance and prosper' (Porter, 1990). He
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Essay On Global Competitiveness
Global Competitiveness: Role of Supply chain Management
Business today is in a global environment. This environment forces companies, regardless of
location or primary market base, to consider the rest of the world in their competitive strategy
analysis. Firms cannot isolate themselves from or ignore external factors such as economic trends,
competitive situations or technology innovation in other countries, if some of their competitors are
competing or are located in those countries. Companies are going truly global with Supply–chain
Management (SCM). A company can develop a product in the United States, manufacture in India
and sell in Europe. Companies have changed the ways in which they manage their operations and
logistics ... Show more content on Helpwriting.net ...
The ultimate objective of SCM is to achieve a 'strategic fit' between the company's competitive
strategy and supply–chain strategy. This strategic fit can be achieved by Understanding the customer
demand, which helps the company to define costs and service requirements and understanding the
supply chain that helps the company to design and manage its supply chain in accordance with the
customer's demand. If any mismatch exists between what the supply chain is capable of doing with
respect to customer demands, the company can either alter the structure of the supply–chain design
or alter its strategies.
During the industrial age, companies succeeded by how well they could capture the benefit from
economies of scale and scope & technology. The success accrued to companies that could embed the
new technology into physical asset that offered efficient customer service. The emergence of the
retailing era, which stared in the last decades of twentieth century, made obsolete many of the
fundamental assumption of industrial age. The retailing age environment requires new capabilities in
organization for competitive success .the ability of a company to mobilize and exploit physical,
tangible assets enable an organization to develop customer relations and loyalty, introduce
innovative produce and services, produce customized high–quality products
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The SME Competitiveness Model
III COMPETITIVENESS MODEL:
As Engineering colleges are small organizations, they can be compared to a Small and Medium
Enterprise (SME). Hence the SME competitiveness model is employed here in this study. [16] The
modified SME model is presented in Fig–1. Apart from competencies of management and principal,
there are institutional capabilities representing potential of the college, scope representing external
environment, process dimension representing efficiency of resource utilization, and the
performance.
Competitive scope, institutional capabilities and competencies of top management together
constitute the potential dimension. And teaching learning is the main aspect of process dimension.
The management needs to create capabilities, scope and set objectives for the institute. These
processes are depicted as the three tasks. Once these tasks are performed efficiently, the institute
starts performing. A good performance builds an image to the institute. A consistent long–term
performance enhances the image of the institute. ... Show more content on Helpwriting.net ...
According to the quality management concept, customer satisfaction may be a measure. The
corporate world which recruits these young engineers complains about quality. While the parents
find the escalating cost of education. High cost of education is due to lack of application of
technology and lack of innovations. There are no attempts to reduce the cost of education. Thus
there is opportunity to apply the total quality management to technical education so as to improve
performance and to cut cost of education so as to make it more affordable. It is the time to make
radical changes and introduce flexibility so as to achieve excellence. Managements need to posses
strong commitment competencies along with necessary drive and initiative to sustain efforts to
improve performance. Quality management in engineering colleges is
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Essay On Unemployment
At the national level, the U.S. created 222,000 new jobs in June 2017 as hiring accelerated in the
spring, showing that companies are still finding ways to add staff despite a growing shortage of
skilled workers. The national unemployment rate, meanwhile, rose to 4.4% from 4.3% as more
people entered the labor force in search of work. The jobless rate had fallen to a 16–year low in May
2017. Orange County's unemployment rate was 3.8 percent in June 2017, below both the national
average and June 2016's rate of 4.3 percent.
The job market remains in generally good shape eight years into the economic expansion. However,
underneath the surface, unprecedented changes caused by new technologies and innovative new
ways of utilizing technology ... Show more content on Helpwriting.net ...
A severe lack of affordable workforce housing affects Orange County's future economy in several
different ways; the regional economy can overcome this challenge or face declining competitiveness
depending on how current stakeholders and policymakers address this issue. Finally, positive overall
job growth may mask the lower quality of many of the new jobs being created in Orange County.
All of these trends have significant implications for Orange County's education and workforce
development systems. The Orange County Development Board and Orange County Business
Council's 16th annual workforce indicators report seeks to prepare the region's workforce
stakeholders – from CEOs to college administrators to entry–level workers – to face these issues and
preserve the competitive advantages that have been – and are –– the foundation of Orange County's
economy.
How should local policymakers, businesses, and educational institutions respond to the changes and
trends outlined in this report? First, they need to recognize where Orange County is potentially
vulnerable. While the skills gap, for example, is a nationwide issue, it may particularly affect
Orange County because of its relatively poor ability to retain young workers and key industries in
fields disproportionately affected by this trend. The regional economy also may have
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Essay on Porter's Diamond Model
ASSESSING THE POWER OF PORTER'S DIAMOND MODEL IN THE AUTOMOBILE
INDUSTRY IN MEXICO AFTER TEN YEARS OF NAFTA
SALVADOR BARRAGAN
Master in Business Administration, IPADE Business School, 1996 BSc in Industrial Engineering,
Universidad Panamericana, 1994
A Research Project Submitted to the School of Graduate Studies of the University of Lethbridge in
Partial Fulfilment of the Requirements for the Degree
MASTER OF SCIENCE IN MANAGEMENT
Faculty of Management University of Lethbridge LETHBRIDGE, ALBERTA, CANADA
© Salvador Barragán, 2005
ii
Abstract
It has been ten years since the signature of the NAFTA agreement among Canada, U.S., and Mexico.
For Mexico, this was a decisive step away from a protectionism model toward a ... Show more
content on Helpwriting.net ...
10 2.2.1. The Doubled Diamond vs. a Single National Diamond ................................. 11 2.2.2. The
Role of the Multinational Enterprises (MNE's) as Empowering Developing Countries rather than
Constraining their Growth.................................. 12 3. Research Setting: Why Use Mexico to Study
Porter's Diamond? ............................... 17 4. Research
Questions....................................................................................................... 19 5. Methodology
................................................................................................................. 20 5.1. Positioning the
International Competitiveness of the Industry.............................. 22 5.2. Addressing the Research
Questions....................................................................... 23 6.
Results........................................................................................................................... 28 6.1. The
Competitiveness of the Automobile Industry in Mexico................................ 28 6.2. Positioning the
Industry as Internationally Competitive ....................................... 29 6.3. Using Porter's Diamond to
Assess Sources of Competitive Advantage in the Automobile Industry in Mexico: 1993–2003.
............................................................... 39 6.3.1. Factor
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Global Strategy : Global Marketing
Global strategy:
Global strategy is considered as a detailed plan on how an organization or a firm can be successful
marketing its products or services at global level to enhance business growth, and increase profit
margin (Lynch, 2014).
Organizations or firms will have many reasons why its imperial for the businesses to penetrate or
enter global market, some of these reasons will include to increase profit margin, increase sales,
expand the scope of the business at a global scale, and increase market competitiveness (Winters,
2015). To effectively accomplish the global business goals and objectives by any firm, the company
will require an extensive detailed comprehensive global strategy to effectively accomplish their
business goals.
Other International strategies:
Some of the international strategies to include multinational strategy where a company is involved
in several market outside of its home country, the company will then be required to designed
different strategic methods for each of the markets because of competition, customers request and
demand are different from country to country as competitive advantage is determined separately
from each country (Lynch, 2914).
Another international strategy is the global strategy where a company designed a marketing plan for
entire global market, the organization now consider global market as largely a market, which means
market and competitive approach is designed largely on a global scale respectively (Winters, 2015).
The
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Environmental Scan Paper
Environmental Scan Paper
MGT/498
Environmental Scan Paper
The business environment of an organization reveals much about its competitiveness and the
possible influences on the success of its strategies. The focus of this paper will be an environmental
scan of the internal and external environments of two real–world firms, their competitive advantages
and company strategies for creating value and sustaining competitiveness, measurement guidelines
for verifying strategic effectiveness and their evaluation.
Internal and External Environments Environmental scanning of the internal organizational
environment focuses on company culture, employee–employee, manager–employee, and ... Show
more content on Helpwriting.net ...
In relation to Apple's internal environment, the company encourages an innovative culture,
involving staff creativity and open–mindedness to novel ideas. In addition, Apple stresses the use of
environmentally friendly practices, and protection of employees' safety and health at work
(Schneider, 1995, p. 70). Apple's external environment poses a challenge to the company in terms of
emerging firms in the technology business line, competitors selling substitute products, charging
lower prices that entice customers because of their affordability, in comparison to the high quality
and pricing of similar items from Apple (Apple, 2012, p.1).
Competitive advantages and company strategies Creating value and sustaining competitive
advantage through business strategy McDonald's emphasizes cleanliness and food safety, in addition
to quality and value service (QSC&V), through which it has succeeded in obtaining customer trust.
The company also stresses ethical practices, dependability, and truthfulness in dealing with
customers (McDonald's, 2012, p. 1). Moreover, McDonald's employs a coordinated marketing
strategy that involves analyzing customer wants, creating products to satisfy his or her needs, setting
the right prices and enhancing awareness of
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Test Essay on International Competitiveness
Stephen Berkowitz Economics – Unit 4 Test Essay – International Competitiveness Question 3 June
2010: 3 (a) The UK fell from 9th to 12th place in the Global Competitiveness Index between 2007
and 2008. Examine the factors which might have caused the decrease in the international
competitiveness of the UK's goods and services (20) A country's international competitiveness in
output markets is a measure of its ability to increase the sales of its goods and services in both its
domestic markets and overseas markets compared to that of its trading rivals. I will be looking at the
aspects of this that are price competitive. The first factor I'll look at is the real exchange rate and
effective exchange rate. The real exchange rate is the ... Show more content on Helpwriting.net ...
By simply pushing up total operating costs for businesses this will then damage international price
competitiveness. The is exacerbated by compliance costs such as health and safety regulations,
environmental regulations, and employment protection laws, that all reduce international price
competitiveness. 3 (b) Evaluate strategies which may be used by businesses and government to
improve the competitiveness of the UK's goods and services (30) To improve the international
competitiveness of the UK's goods and services, I'll be looking at supply side policies, exchange rate
policies, and policies that promote stability. Supply side policies aim to achieve an outward shift in
the LRAS curve by increasing the quantity and improving the quality of factor inputs. The first
supply side policy I'lll be looking at is a reduction in taxes for businesses. What corporation tax cuts
will result in is less money spent on tax, allowing more money to be available for firms to spend on
investment spending. The reduction of tax will only be useful in the extra money is spent in this
way, as the government will benefit in the long run from the decrease of money gained in the short
run if the LRAS curve shifts to the write. Reducing tax may also increase foreign direct investment
spending by other countries in the UK. With greater capital goods, labour productivity will increase
by increasing
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Competitive Forces Analysis Of Amazon
Competitive Forces Analysis. Amazon, Google, and Apple each have competitive advantages in
various markets; however, one specific market proved difficult for Amazon to cultivate a
competitive advantage. Shaping competition, the five forces, known as threats of new entrants,
power of suppliers, power of buyers, threats of substitutes, and existing rivalry, determine industry
profitability and influence the ability to gain competitive advantage (Rothaermel, 2017). Notably,
failing to understand the forces can results in negative gains. Within the U.S. technology industry,
the smartphone market has strong competitive forces, yet profit potential. In particular, the
smartphone market has established firms, such as Google and Apple, each with large market shares,
which lessens profitability potential for new entrants. Nevertheless, Amazon, pursuing a
differentiation strategy, attempted to develop and market the Fire smartphone in 2014 to diversify
business activities (Rothaemel & McKay, 2015). One force Amazon encountered was the presence
of entry barriers. Established firms, Google and Apple, had proven brand recognition, economies of
scale, and loyal consumer base in the smartphone industry, and an entering firm, such as Amazon,
faced risk. From Amazon's view, entering into the smartphone market required significant capital
investment, with unpredictable effects, to develop a differentiated, price competitive product.
Furthermore, the threat of substitutes was high
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Tangerine Competitiveness Quotes

  • 1. Tangerine Competitiveness Quotes "If winning isn't everything, then why do they keep score?" –Vince Lombardi I think this quote represents competitiveness because when you're playing with your friends at the park usually you just play for fun while on an actual court you play to win and you don't feel good no matter how hard you tried in the game if you lose, you feel mad. Victor shows a lot of this he tries his best but when he wins he is happy because he put in the work and he got the win, when he loses then he is frustrated because he played his heart out and still lost. So how Victor and Joey act about different times depends on how he does in soccer. Sportsmanship in Tangerine is mixed some people are solid on if they are good sports or bad sports, the other thing is ... Get more on HelpWriting.net ...
  • 2.
  • 3. Alibaba Group : The Biggest E Commerce Company 1. Introduction Alibaba Group is a Cinese E–commerce company which was founded in 1999. In the past 16 years, Alibaba gradually grew into the biggest E–commerce company in the world. According to the report of Alibaba (2015), by 2015 there are 350 million active buyers in Alibaba' s platform which is 100 million higher than 2014. The gross merchandise volume of Alibaba is 2,444 billion Chinese Yuan. In 2013, the number was only 1,077 Chinese Yuan. It increased almost 250% in 2 years. Alibaba benefit by the huge growth of online retail market. The total revenue in 2015 is 76.2 billion Chinese Yuan. It is worth noting that in Chinese retail market, mobile penetration is 50.6 percent and mobile users create 6,430 million RMB revenue which is a new record in the world. According to Jack Ma who is the founder of Alibaba, the mission of Alibaba is to make it easy to do business anywhere. Alibaba operate online and mobile platform in retail and wholesale trade. Alibaba creates value by providing technology and services like cloud computing and online financial services to consumers, merchants, and other participants to conduct commerce in Alibaba' s E–commerce ecosystem. The main business of Alibaba are Taobao.com and Tmall.com. Taobao.com is a customer to customer (C2C) online platform which was founded in 2003 and Tmall.com is a business to customer (B2C) platform which was founded in 2008. AliExpress was founded in 2010, AliExpress focus on global market especially in US, ... Get more on HelpWriting.net ...
  • 4.
  • 5. The Role Of Principles Of Global Talent Management On... Role of principles of global talent management on global competitiveness of financial institutions in Kenya . ROMANO OKWI ELINGIT DCB/10228/15 ABSTRACT World wide economic environment is dynamic and more often affected with inflation that needs counteractive strategies to survive. Principles of global talent management can come handy in choosing the right talent at the right time to ensure that institutions especially financial institution can sustain local and international economies . KEY WORDS : Principles of global talent management, global competitiveness, financial institutions INTRODUCTION Global competitiveness is one area all businesses are striving to attain because it comes with increased market share and increased profits. Institutions need man power that is capable of making them compete as market leaders such employees we term them talent for they come with their gift or are trained to attain that status of becoming an important asset of the organization. Role of strategy alignment on global competitiveness of financial institutions in kenya Talent management starts with corporate strategy. It guides managers on decisions about what type of talent they need. The emphasis is on placing the right person for the right job. Through the annual institutional and worker review process emphasis should be placed on effectiveness of the worker on achievement of the objectives set in the performance (Edwards, 2010 Foster et al., 2010, Frimann, & Mønsted, 2012)). ... Get more on HelpWriting.net ...
  • 6.
  • 7. Divergent Competitiveness 1.50 CREATIVITY AND GENERAL MENTAL ABILITY Convergent thinking is defined as the ability to apply conventional and logical search, recognition, and decision–making strategies to stored information in order to produce an already known answer (Cropley, 2006). Divergent thinking, by contrast, is defined as the ability to produce new approaches and original ideas by forming unexpected combinations from available information and by applying such abilities as semantic flexibility, and fluency of association, ideation, and transformation (Guilford, 1959, as cited in Cropley, 2006, p. 1). Divergent thinking brings forth answers that may never have existed before and are often novel, unusual, or surprising (Cropley, 2006). Guilford (1967) introduced convergent and divergent thinking as part of a set of five operations that apply in his Structure of Intellect model (SOI model) on six products and four kinds of content, to produce 120 different factors of cognitive abilities. With the SOI model Guilford wanted to give the construct of intelligence a comprehensive model. After these new constructs were introduced and defined, tests for convergent and divergent thinking emerged. Despite the fact that Guilford reported ... Show more content on Helpwriting.net ... Studies on the relationship between both constructs suggest that it is unlikely that individuals employ similar cognitive strategies when solving more convergent than more divergent thinking tasks (Jaušovec, 2000). However, to arrive at a quality formulation the creative process cannot do without the application of both, convergent and divergent thinking abilities (e.g., Kaufmann, 2003; Runco, 2003; Sternberg, 2005; Dietrich, 2007; Cropley and Cropley, 2008; Silvia et al., 2013; Jung, ... Get more on HelpWriting.net ...
  • 8.
  • 9. Competitiveness in the Industry 1. The smartphone business has evolved rapidly over the past few years, and has undergone some shifts in the type of market model. The three basic model types are monopoly, oligopoly and monopolistic competition. Another type, perfect competition, does not exist in practice but only in theory as a means of understanding the extreme. Perhaps in a market where ten vendors are all selling watermelons to an audience that knows its melons, you could argue that there is perfect competition, but such markets are few and far between in the West. In the smartphone industry, the competition is characterized by the operating system that the devices use. Thus, when n the industry was first evolving out of the personal digital assistant industry, there were only two main players, the Palm and the Blackberry. Apple entered the market and brought with it a whole new set of consumers to a product that was initially seen as a tool for business. Palm's popularity declined, but there were other new entrants ranging from Windows to other proprietary systems and of course to Android. Now, the smartphone industry had evolved into a state of monopolistic competition with half a dozen platforms all competing for the hearts and minds of consumers. However, the industry is once again shifting back to duopoly status, with RIM being marginalized and Apple and Google being the only two players that matter. 2. In the short run, the trend towards duopoly will continue. The two leading products have ... Get more on HelpWriting.net ...
  • 10.
  • 11. Strategic Management And Strategic Competitiveness Running head: STRATEGIC MANAGEMENT AND STRATEGIC COMPETITIVENESS 1 Strategic Management and Strategic Competitiveness Assignment 1 Gary Hobbs Strayer University BUS 499 – Business Administration Capstone Professor Kristina Barnes October 15, 2015 STRATEGIC MANAGEMENT AND STRATEGIC COMPETITIVENESS 5 Strategic Management and Strategic Competitiveness The paper that I 'm writing will help you to gain information on how Strategic Management and Strategic Competitiveness play hand and hand when dealing with a business. The business that I have chosen to write about is Nike. I have always wanted to know the practices that Nike used to make their business last this long and how have they been so successful. I will explain to you how globalization and technology changes have helped or hurt the company and the major role that it has played. I also plan to construct a plan to see how my corporation could earn above–average returns and increase their gaining potential. I will explain Nike 's vision and mission statement and show how this had allowed them to continue to be one of the most outstanding business in this day and age. In turn, I plan to show how each or stakeholder plays an important role in the success of the corporation. Strategic Management and Competitiveness, are two separate but related topics that play a vital part of business organizations worldwide. Competitiveness relates to the effectiveness of an organization in the marketplace to ... Get more on HelpWriting.net ...
  • 12.
  • 13. International Competitiveness Of The Computer And Software... 2.1 Nowadays the Internet market is dominated by companies based in the United States. This is due to a series of factors and conditions as in order for a company to strive in Market it requires a variety of factors in its home base. In the United States there are a range of factors, which support the Internet industry as well as generalized advantages that span across domestic industries. A high GDP per capita joint with being the country the 3rd largest population meant that many American citizens had large disposable income, which could be spent on expensive computer hardware and monthly Internet fees. This rich supply of capital, entrepreneurial orientation, and world–class educational computer technology facilities explain the national competitiveness of the computer and software industry in the United States. Due to the potential of growth of this Industry within the nation many businesses and consumers promptly adopted the Internet. An increase in income meant that the demand for online goods rapidly increased, as consumers were able to spend more. These demand conditions allowed online multinational companies such as Google to innovate and thrive in the U.S. market due to the rich environment. Factors such as related and supporting industries have a great influence on the national competitiveness of the United States in the computer and software industry. The presence clusters with a dense population of high–tech companies, in particular the Silicon Valley, not only ... Get more on HelpWriting.net ...
  • 14.
  • 15. Strategic Competitiveness Of XYZ Hotel Conclusions This research study attempts to analyze the service quality and brand awareness of the guests toward the strategic competitiveness of XYZ Hotel. The degree of which these variables influence the hotel's competitive strategy in obtaining competitive advantage over its rivals and the impact of the strategy towards the five–star hotel performance. 5.1.1 Descriptive and Hypothesis Analysis Conclusion Based on the findings and analysis on the previous chapter, it is concluded that the majority of respondents heard about XYZ Hotel from families or friends recommendation. The rest knew about the hotel from "other", such as the company that they are working for, events, and the internet. However, only 9% had heard of the hotel from social ... Show more content on Helpwriting.net ... Therefore, it is suggested that service quality may not be a key variable of strategic competitiveness. However, it is necessitated that in the future, XYZ Hotel should continue delivering exceptional service to its guests, as five–star hotel is famously known for its excellency in service delivery. Hence, this can be done by consistently monitor the quality of food served at all the restaurants in the hotel, the promptness level of staff in fulfilling the needs and wants of the guests and not only monitor the behavior and attitude of staff in the restaurant or front office, but also the ... Get more on HelpWriting.net ...
  • 16.
  • 17. Argumentative Speech On Competitiveness Antithesis–State all the bad, before you state the good Ethos– I am a lawyer Logos–Definitions/ No competitiveness no lawyers Personification– Jealousy and Competitiveness are people Parallel Sentence– We Want We Want Ladies and gentlemen of of the jury! Before we accuse our defendant of starting fights, destroying connections, and firing teamwork, we must understand what it is. Competitiveness is defined by the desire to be better than others. To be better than others, does that mean we dislike others, or want them to stop? No it simply means that we want to higher our standards to achieve theirs. It means that we want to better ourselves. We want to improve, we want to have the greatest possibilities. Our defendant, competition is ... Show more content on Helpwriting.net ... Now I'm not going to lie to you, sometimes competitiveness has an ally. The ally is jealousy, but listen, we all have friends who are completely different from us, and competitiveness does to. Jealousy is not competitiveness although, sometimes they come hand in hand. More often than not, we have learned to ignore jealousy, and so when they come as a team, we focus on the competitiveness, and avoid being jealous. When jealousy realizes that it has no purpose, it leaves, and we remain solely competitive However, competitiveness isn't the nicest guy on the block. He's usually polite, but when in action, he is definitely not friendly.Why? That is his job. Tell me, at work, do you spend most of it in the hallways socializing, or do you spend it working? Unless you like to slack off, I think most of you would be working. That's the same with competitiveness. Once it is working, it wants to get its job done, and over with. It doesn't want to waste time. After it has completed what it needs to do , it goes back to being friendly, just like most of us are at work. After all that I've done to defend competitiveness I must tell you that competitiveness does get out of hand. You've all seen those movies where someone hijacks their roommate's alarm clock, so that they can get the best position . You've all seen what happens when you let the desire to win take over your life, and let jealousy influence competitiveness. Everything can get out of hand. So I believe that ... Get more on HelpWriting.net ...
  • 18.
  • 19. Examples Of Competition In A Separate Peace "Above us in Latin flowed the inscription, Here Boys Come to be Made Men" (Knowles, 165). Competition motivates people throughout their lives. It gives them something to work for and something to win for. Olympians compete, politicians compete, and even students compete. Gene and Phineas, as do many others, face the theme of competition throughout their story and years at the Devon School. In A Separate Peace, by John Knowles, competition is portrayed as a theme using symbols, dramatic situations, and foreshadowing. The main symbols that portray competition are the tree and the marble stairs. Everything seemed perfect in Gene and Finny's relationship with each other; however Gene went above and beyond the limit by idolizing Finny. Competition arose between the two boys. A little competition between friends isn't bad, but the element of competition was much stronger in Gene's character. Eventually, this lead to Gene performing an act of jealousy to even out the competition. This is where the symbol of the tree comes into place. Gene's act of jealousy was jouncing a tree limb causing Finny to ... Show more content on Helpwriting.net ... '"There aren't any teams in blitzball," he yelled somewhat irritably, "we're all enemies" (Knowles, 38). Exactly, Finny. This foreshadows the destruction of Finny and Gene's friendship because eventually they become enemies even though they were best friends. "He hesitated and then added, "which is what you are," and there was silence on his dune" (Knowles, 60).Right before this quote Finny calls Gene his best friend but Gene makes the mistake of not saying it back. Both boys realize that they aren't best friends. Gene feels like he doesn't deserve to be Finny's best friend because Finny is so much better than him which then caused Gene to become more competitive. The boys' competitiveness is foreshadowed throughout the book as their friendship begins to ... Get more on HelpWriting.net ...
  • 20.
  • 21. Competitiveness In America Over the period of study, the relative strength in the Peripheral South diminished as the Republican Party became more competitive in the Deep South. Over time, one should see both the national and state indexes increase with the state party index lagging behind the national party index. While this is far from definitive, it supports the findings of some scholars who say that the increase in Republican Party competitiveness started at the national level and went to affect the competitiveness of elections to lower level political offices. A major reason that the state score index lags behind the national index is that the state index includes state legislative offices (and not votes as we have for the other offices included in the MPI) which ... Show more content on Helpwriting.net ... This is why I included the percentage of congressional turnout in the model. One should know from previous research, that increases in voter turnout in the South was not confined to African Americans. Several scholars saw an increase in white voter turnout from the early 1950s to the 1970s of about 70 percent. Voting was no longer for the populations' "better people," but instead became more universal. Looking at figures 3.3 and 3.4, it is evident that there is an upward trend in the data, but that the increase is much larger in the Deep South than in the Peripheral South. The midterm effects is present in the data with the reduced turnout in the midterm ... Get more on HelpWriting.net ...
  • 22.
  • 23. The Concept Of National Competitiveness Introduction The concept of national competitiveness has become a key issue to managers of firms and understanding it has important ramification for policy makers as well. While most agree on the idea of competitive firms, the notion of competitive nations is vague at best. Even with all the debate, discussion, and research there is still no pervasive theory. In fact, there is not even an accepted definition. Classical economic theorists dismiss the concept of competitiveness all together and instead look to comparative advantage and the drivers of trade surplus to explain national prosperity as a positive sum game. Harvard's Michael Porter approaches the subject from a different view, asserting that defining competitiveness as ... Show more content on Helpwriting.net ... First, a study that compares the relative effects of each view on a national economy is explored. Next, both competing theories and their criticisms are explored. Finally, the impact of these theories on policy decisions is discussed. Article Review In a unique study that addresses the debate directly, Thompson (2004) questioned if alterations in relative business costs underpinned by currency change would affect national competitiveness (strict economists view) more or less than institutional ( legal, governmental, public policy and other factors) changes (the view of business/management scholars like Porter). To do so he studied a specimen economy, Hong Kong which experienced a considerable decline between 1997 –2002. During this period the Hong Kong dollar appreciated and sweeping institutional changes occurred as Hong Kong returned to China. At the same time, Hong Kong dropped from third place to seventh place in the World Competitiveness Yearbook and from second to eighteenth place in the Global Competitiveness Report. Cost competitiveness had nothing to do with these declines instead they reflected significant changes by the governments of Hong Kong and China that were counter to the institutional foundations of Hong Kong's past competitiveness. Thus Hong Kong presents a unique opportunity to separate the contributions to national competitiveness of ... Get more on HelpWriting.net ...
  • 24.
  • 25. Case Write-Up Trader Joe's Essay examples How do firms in the supermarket industry make money? Operating on very thin profit margins, players in the supermarket industry traditionally either focus on a premium segment or follow a discounter strategy at the low end. Premium players address educated and more price elastic consumers who value healthy, natural and organic food; the share of perishable items for these players is normally distinctly higher. Players that focus on a discounter strategy offer a higher share of simple necessity items and value price competitiveness over premium features like healthiness or organic origin. Independently of the focused customer group it is imperative for players in the supermarket industry to be cost efficient and optimize operations ... Show more content on Helpwriting.net ... Thirdly, Trader Joe's stores are small and located in non–prime locations, which holds fixed operating costs at bay. Furthermore, the company is able to generate the industry's highest sales per square feet in its small sized stores. In an effort to diversify from its competitors, Trader Joe's also relies on a non–traditional marketing strategy. Completely neglecting conventional marketing techniques like commercials or promotional offers, the company focuses on unique and store specific in–store marketing with its newsletter and the occasional radio ad being its major means of communication with its customers. The Trader Joe's brand with its vast fan base is naturally another part of the company's competitive advantage. What are the main threads to Trader Joe's competitive advantage? Is the company's competitive advantage sustainable? Trader Joe's faces several threats to its business, as competitors try to invade the company's niche and attempt to imitate the company's core strategies. The supermarket industry itself faces a major threat, as larger chains such as grocery retailers Wal–Mart and Tesco have begun to open small– format stores that mimic the Trader Joe's approach. This invasion results in additional cost pressure for incumbents like Trader Joe's, which had to let go employees in order to become more cost competitive. In ... Get more on HelpWriting.net ...
  • 26.
  • 27. The Journey Of Becoming A Counselor The journey to becoming a counselor starts far before applying to graduate school. It begins even before the thought is realized. The development of one's personality plants seeds that lead to many paths for growth. Stepping back to evaluate your own personality can allow for greater understanding that will aide you to fully discovering the path to take. When looking back at the development of my personality, I have to examine all of the factors that contributed to shaping me into me. My personality is competitive, trusting, empathetic, funny, introspective and even–keeled. Breaking down each characteristic deeper allows me to investigate how I came to adopt the trait. Competitiveness is an inherited trait. My father played professional sports and his competitive nature was ingrained in me from birth. Growing up with a 'public' figure as a parent is a unique experience. There is pressure to 'maintain' other's perceptions and balance your personal motivation system with living up to what you think is expected of you. Perfection or excellence was never something that was my parent's forced on me, but knowing that other people expected it of me, weighed pretty heavily on me. As a result of soft determination, I was enrolled in sports at age 5. The benefits of participating in sports are great. They teach you teamwork, accountability, how to face adversity and healthy competitiveness. I was fortunate to excel at soccer and played for a select team that was ... Get more on HelpWriting.net ...
  • 28.
  • 29. Strategic Competitiveness A – Submit your company's final cumulative balanced scorecard, income statement and balance sheet. B – Discuss the generic competitive strategy you selected for your company. Include the following in your discussion: What actions were built into your strategic plan to achieve competitive and financial success with that strategy. Why you selected the strategy you used. The company's competitive strategy exclusively involves the specifics of management's game plan for competing successfully; its specific efforts to please the customers, its offensive and defensive moves to counter the maneuvers of the competition, its responses to shifting market conditions, its initiatives to strengthen its market position and the specific kind of ... Show more content on Helpwriting.net ... This was also evident when looking at the Credit Rating and Image Rating. Again, in both categories, Company C went above and beyond all of the competition. Company C appears to have found the right combination to be extremely successful in the Shoe Manufacturing business. C1 – Discuss how successful you were in predicting your competitors' next moves. It was difficult to predict exactly what the competition's next moves were. One could surmise that basically, each company wants to make more money than everyone else. Based on that, we would want to determine the best way for our company to make more than our competitor's, which didn't turn out too well for F Troop shoes. D – Discuss how sustainable the most dominant competitive advantage achieved by any company with your industry was. Company C ran the gambit on the market. One area of particular note is that of their Stock Price per share. The stock prices began Year 11 at 72.66/share and dramatically increased each and every year; by the time Year 18 arrives, their stock prices are 571.83/share. Their Return on Equity rose just as dramatically; Year 11 Company C was at 23.3%. By the time Year 18 arrives, their Return on Equity was at 53.8%. With numbers like this, Company C will be incredibly sustainable. Their investors will want to continue investing in the ... Get more on HelpWriting.net ...
  • 30.
  • 31. Competitiveness And Its Effect On Our Lives Competitiveness is the spark that ignites the flames in our minds. It is what governs our very existence, our survival in this world. The world's motivation to do the best we can and to accomplish what no other has is stimulated by competitiveness. Our relationship with our family, friends, neighbors, community, and the planet is what inspires us to push ourselves to our culminating limits. Many would witness contention amongst children as a detrimental aspect of behavior, while in reality competition is what allows us to excel beyond our accomplishments. Students can set goals for themselves and become proud of the work they achieved when they look at themselves in the mirror and envision the person they have become. When we apprehend the reality of the world, we come to realize that there is little in life for which we do not compete for. Our country, our world, needs to redefine the interpretation of competition and what it means to be successful and unsuccessful in life, particularly in education. Competitiveness is the process of motivating students by fueling their flame to success. It is the opposition between two forces that contest to achieve the same goal, success. Competitiveness defines us as human beings. The ideology of competition derives from our obligation to surpass others in life. Humans are universally characterized with greed, but in this world, we cannot always have what we want. We have a tendency to want certain things that we cannot have, and as a ... Get more on HelpWriting.net ...
  • 32.
  • 33. 2. Does Porter Fail to Explain How the Factor and Demand... 2. Does Porter fail to explain how the factor and demand conditions that mould a nation's corporate strategies, business structures, and industrial clusters are established? What other theories and evidence might assist such an explanation? Porter explains what factor and demand conditions are, but he fails to explain how they are established. He defines then, and explains them in detail, but lack the most important aspect, which is how they are established. A theory like this is not of much use without the information about the way one can gain these advantages. Porter is always greatly praised for his great work in the management field and he does deserve some of this praise, but if he doesn't manage to explain himself fully ... Show more content on Helpwriting.net ... Porter does mention that a nation with only 2 of the determinants, if in a natural resource or low sophisticated technology or skills industry, will still have an advantage, but will not be able to sustain it. These aspect are all key, but probably the most vital two are rivalry and cooperation within the nation. These tie in with Porter's theory of industry clusters. The idea behind of rivalry and cooperation within a nation is that the rivalry will help drive the firms forward and the cooperation will also help each firm be more competitive in the global market. The firm may share ideas of production or new technological revolutions. This information would be shared within an industry cluster. "..the fundamental source of the domestic industry's global competitive advantage may well be domestic cooperation that ensures the collectivization of knowledge–a process that gives those individual enterprises within the domestic industry that share knowledge and ability to engage in continuous innovation." (Lazonick, 1991) Industry clusters are "geographic concentrations of interconnected companies, specialized suppliers, service providers, firms in related industries, and associated institutions (for example, universities, standards agencies, and trade associations) in particular fields that compete but also cooperate." (Porter, 1979) The importance and role of clusters, from Porter's ... Get more on HelpWriting.net ...
  • 34.
  • 35. Tweeter Price Competitiveness Tweeters price competitiveness From exhibit 13 in the case it is clear that Tweeter is price competitive in almost the entire range of items and models that it sells. In an objective model by model comparison (see appendix 1 for a sample comparison) Tweeter either matches or betters competitor 's prices. Further more when you compare quality and level of service and price paid Tweeter is cheaper than the competition. However, the competitors run spot sales (not advertised) and advertised sales, which at the point of sale gives the impression that the competition is more competitively priced. More importantly though the competition namely Lechmere, Circuit City and the Wiz all carry lower range and lower priced items in each category ... Show more content on Helpwriting.net ... Tweeter is attempting to address the price sensitivity of their customers by this strategy. So far APP has been successful as a retention and acquisition strategy. From 1992 to 1996 Tweeter 's core customer market share has grown from 19.6% to 25.2% (Appendix 8 Tweeter). By contrast with the exception of Circuit city (Appendix 10 Circuit city) over the same period the market share for this class of customer has increased by a smaller percentage (Appendix 9 Lechmere) or actually declined (Appendix 11 Other retailers). Since Tweeter has retained its customers and acquired more customers over the years I would say the strategy is applicable and successful for both functions. The success of the strategy would be amplified if Tweeter educates its customers better about APP since according to the survey, exhibit 14, in the case a large percentage of people are unaware of or have misconceptions about APP thus making it less effective. Competition reaction In 1996 sales to this class of customer at a 30% markup represents $11,975,040 margin for Tweeter, $16,917,120 margin for Lechmere and $13,258,080 margin for Circuit City. This is an important source of margin for the Superstores, however represents only 10% and 15% of their overall sales respectively. So I believe that they will fight to keep their customers rather than fight to gain ... Get more on HelpWriting.net ...
  • 36.
  • 37. Examples Of America's Competitiveness Let's be honest. America may be the most competitive country in the world though China is rapidly catching up. Competitiveness lies at the heart of what has driven our country to become the best on Earth at so many things. Whether the space race, the arms race, the human genome race, or the rat race, we Americans have been determined to come in first in just about everything we do including, seemingly, bad stuff like obesity, gun violence, and divorce. Now don't get me wrong; I'm not saying competition is all bad. America's competitiveness has propelled us to win Olympic gold medals, have the top universities, be the financial center of the world, the leader in technological innovation and medical breakthroughs, and dominate Nobel Prize awards about 40% have gone to the good old USA. And I'm not suggesting that we abandon our competitive ways. To much good would be lost if America renounced its "We're #1!" ways and decided to kick back and relax. ... Show more content on Helpwriting.net ... More and more activities that people used to participate in because they were fun, healthy, social, or intellectually stimulating are being turned into competitions. Let me begin with the most obvious: dancing and singing. Remember when you danced because it felt so good to just let go and move to the music even if you were a terrible dancer Yes, there have been ballet competitions for many years, but that doesn't seem like such a stretch because ballet dancers were already vying for coveted places in schools and companies, and for roles in productions. And ballroom dancing which, believe it or not, is trying to become an Olympic sport has been around for a while. Now we have Dancing with the Stars and So You Think You Can ... Get more on HelpWriting.net ...
  • 38.
  • 39. Case Study Of Porter's Diamond Topic: Does Porter's 'Diamond' concept convincingly explain the achievements of major national business systems, or are their weaknesses, theoretically and empirically, in his arguments? There exist classical theories of international trade which discuss the reasons why particular industries and particular economies are more competitive than the rest. In his book The Competitive Advantage of Nations, Michael E Porter argued or analyzed the broad factors which determined the competitiveness of certain economies and industries. This model is based on four nation's specific factors and two external variables. The four cornerstones of the diamond model are the factor conditions, the demand conditions, the related and supporting industries and ... Show more content on Helpwriting.net ... It is interesting to note that nestles 95% percent of its revenue is earned outside its home based of Switzerland. Rugman's analysis resulted in the "double diamond being creative which is a better tool to analyze the international competitiveness. Rugman's criticism of Porters diamond appears have to be successful as Porter himself later on admitted that firms can have multiple home bases. For instance, Mexico's economic future is closely linked to its neighbor the United States of America and also through North America. Hence the double diamond proposed by Rugman proves to be more effective in determining Mexico's success/ resurgence in various economic sectors. One of the four cornerstones of the Porters diamond is the importance of rivalry. In the year 1993 Lazonick argued that rivalry alone cannot cause firms to innovate. He was of the opinion that when the firms face too much pressure from competitors, it may cause the companies to adapt and imitate instead of innovation. For instance when US firms faced challenges from foreign competitor's cooperation rather than rivalry became necessary to prevent loss of market share to foreign ... Get more on HelpWriting.net ...
  • 40.
  • 41. Competitiveness, Strategy, And Productivity Chapter 2: Competitiveness, Strategy, and Productivity To begin with, Chapter two covers three important aspects of the business world which are competitiveness, strategy, and also productivity. These particular aspects are very important for any company to succeed in the world of business. With that being stated, any type of firm such as a manufacturer or a service provider, they must employ these three aspects because they play an important role in growing revenues. For an organization to even be considered successful, they must have a competitive advantage which leads to a strategy that will meet the company's goals, while having the knowledge–ability to help produce the goods and services in a cost effective manner. Also, it is known that most organizations have a single state called the Mission Statement. The mission statement basically summarizes these three aspects of a company. One question that the Mission Statement should address is, "What level of business are we in?" This mission statement is categorized as the absolute basis for the organizational goals. Furthermore, this particular topic helps the business world in so many ways. Competitiveness, Strategy, and Productivity are the three important characteristics of any business. Competitiveness in this chapter refers to the effectiveness of an organization in the marketplace similar to the other operations that offer familiar products or services. Strategy is known to denote a particular plan for achieving ... Get more on HelpWriting.net ...
  • 42.
  • 43. Examples Of Connotations Associated With Competitiveness Table 1 : Select connotations Associated with Competitiveness (Based on Singh et al (2007)) SN Connotation Source 1. Superior manufacturing performance leads to competitiveness. Leachman et al. (2005) 2. It is dependent on ability to provide goods and services more efficiently than others involved in the market place. Ajitabh and Momaya (2004) 3. It comes through a process by which one entity strives to outperform another through the use of various resources and capabilities. Hitt et al. (2001) 4. It is a concept comprising of the potential, the process and the performance. GMR (2001) 5. It is synonymous with productivity and is assumed to capture quality feature as well as efficiency feature. Porter (1990) 6. a broad multi–dimensional concept that embraces numerous aspects such as price, ... Show more content on Helpwriting.net ... Therefore strategy should match to resources, altering environment and in specific markets and customers. Therefore for surviving in this new competition, firms will have to develop suitable strategies for cost reduction, quality enhancement, new investments and development of competencies. Due to dynamic nature of market scenario, strategies will have to be dynamic with time. A more natural and evolving approach is therefore to think of knowledge and skills required by a company in order to maintain or improve its competitiveness. It is interesting to identify various pressures and constraints on Indian auto component sector, relationship of pressures and constraints with strategies and finally to analyze relationship of strategies with performance and competitiveness. Formation of strategies and their implementation will decide their performance. Performance measurement can be both subjective and objective. Performance of organizations on these measures will lead for its sustainable ... Get more on HelpWriting.net ...
  • 44.
  • 45. High Levels Of Competitiveness And Hyper Competitiveness Thornton, Ryckman, and Gold (2011) theorize that high levels of competitiveness or hyper– competitiveness would have a significant influence over achievement striving and impatience and irritability. It was further hypothesized that personal development competitiveness would be correlated with achievement striving but not with impatience or irritability. Hyper–competitiveness was defined as competitiveness with others while personal development competitiveness was correlated with competing with oneself for self–improvement. Three hundred and four participants were administered the Hyper–competitive Attitude Scale, the Personal Development Competitive Attitude Scale, and the Type A Behavior Pattern Inventory. The results of the study indicated that Type A individuals who were hyper–competitive were more likely to demonstrate the irritable and impatient aspects of Type A personality. They were also less likely to demonstrate positive correlations with achievement strings including academic achievement. In contrast, people with high levels of Personal Development Competitiveness were more likely to show high level achievement strings including academic achievements and were less likely to demonstrate impatience or irritability. Thornton, Ryckman, and Gold (2011) argue that this demonstrates that while some aspects of Type A personality and competitiveness have a positive effect on academic achievement and other types of achievement strings– some can be highly detrimental to ... Get more on HelpWriting.net ...
  • 46.
  • 47. Weaknesses Of The Diamond Model Introduction With rapid global competitions, nations seeking different ways to achieve competitive advantages, yet there is never a certain model for establishing competitive advantages. In addition, the Diamond Model proposed by Michael Porter considered as the most convincing one. Porter (1990) argued that if a nation can achieve competitive advantages, certain factors are required. He claimed a nation's competitiveness should depend onhow its industries are innovating and upgrading. Nevertheless, advantages can gain through pressure and challenges, since if companies are having strong domestic rivals, aggressive home based suppliers and demanding local customers, they will needed to keep upgrading and innovating, as to hold the position. Furthermore, Porter (1990) indicated howa ... Show more content on Helpwriting.net ... Furthermore, Waverman (1995, p.70) argued that "does not distinguish between hypotheses, theorems, conjectures and facts and thus cannot proceed to prove causality" claiming the diamond model was too general that it could only illustrate the situations between trade and competitions, yet the model ended up with nothing construed. Double Diamond Model To adjust the weaknesses of the diamond model, the "double–diamond" concept was suggested by Rugman and D'Cruz (1991) and following with Dunning (1992), stating that the analysis of factor conditions, demand conditions and the forces driving the industry competition as well as the effects of multinational activities should be considered into the model, so as to have a better framework to understand the competitiveness behind nations.Theoretically, both models are critical in analyzing a nation's competitiveness or consider as framework for developing a nation's competitiveness. Hong ... Get more on HelpWriting.net ...
  • 48.
  • 49. Entry Mode Theory The Entry Mode Theory –Different Approaches– Topic Paper for International Strategic Management Outline Abstract 3 Introduction 3 Overview of Entry Mode Theories 4 The Uppsala Model 4 The Uppsala Model – Example 4 The Uppsala Model – Limitations 5 Porter's Diamond Model 6 Porter's Diamond Model – Example 6 Porter's Diamond Model – Limitations 8 The Born Global Concept 8 The Born Global Concept – Example 9 The Born Global Concept – Limitations 10 Conclusion – the comparison and relation of Entry Mode Theories 11 Chronological development 11 Level of risk 12 Time consumption 13 Investment cost 14 Typical type of corporation 14 References 16 Abstract The literature focuses on three entry mode ... Show more content on Helpwriting.net ... The next step was the establishment of subsidiaries in Norway and Finland. After acquiring experience in the Nordic countries, Volvo started to export its products to countries with greater distance, namely Holland, Belgium and various countries in South America. As a last step, Volvo established subsidiaries in Finland and Norway. In the 1950s, further expansion followed. Subsidiaries were established in most European countries, USA and Canada. In the year 1973 Volvo opened up a car manufacturing plant in the USA, followed by a second one in Belgium in 1975. Nowadays Volvo has over 100 export markets, manufacturing subsidiaries in five countries and sales subsidiaries in twelve. The Uppsala Model – Limitations The Uppsala model is the historically oldest entry mode theory discussed in our paper. One could argue that it is particularly the date of origin that reveals its limitations. The development of the global infrastructure has not reduced the physical distance; however, it has certainly helped to overcome it. Furthermore, technological milestones like the Internet have simplified communication significantly. As a result of these advancements, the cultural exchange around the world has increased leading to some extent of cultural convergence. Due to these dramatic changes in logistical capacities, communication technology as well as ongoing cultural convergence, much of ... Get more on HelpWriting.net ...
  • 50.
  • 51. What Is Global Competitiveness Is Becoming More About '... In today's environment, companies have to compete on every level, as the markets are getting increasingly competitive. Competition is no longer simply down to product and instead organisations have to take other things into consideration, particularly their strategy for success. Companies have to look for a way to diversify themselves from their competitors in the market and the main way of doing this is to focus on their mind–set. This essay will look to evaluate the extent to which global competitiveness is becoming more about 'mind–set versus mind–set' or whether companies still depend on 'product versus product' as their foundation of success (Hamel and Prahalad, 1993, p77). Taking into consideration theories of strategic intent, ... Show more content on Helpwriting.net ... For example, the operations department within an organisation need to be ensuring that production levels are high, whilst the marketing department need to be advertising the products to the extent that makes production meet sales. Without the right mind–set in departments and the attitudes of organisational members being consistent throughout an organisation, the likelihood of success is minimal. People will be working towards different things and resources will be divided amongst different projects and therefore never actually reaching their full potential (Mintzberg et al, 1987; Hamel and Prahalad, 1993). Strategic intent, a notion pioneered by Hamel and Prahalad (1990) can be considered to be at the heart of a company with a strong, prosperous mind–set. This notion outlines the organisations ambition that creates the mind–set within and pushes all components of the organisation to achieve the goals outlined by management. An organisations strategic intent can be best understood as 'big, hairy, audacious goals' (Collins and Porras, 2000, cited in McGee et al, 2010, p30) that define their long–term vision and the small steps that need to be taken in order to achieve this, emphasised by the analogy; 'a marathon run in 400–meter sprints' (Hamel and Prahalad, 1990, p43). Companies with a strategic intent that appeared 'out of proportion to their resources and capabilities' and therefore shaped the ... Get more on HelpWriting.net ...
  • 52.
  • 53. Tiger Moms Competitiveness In Schools Today, many children attending public schools in high achieving districts feel pressured to do extremely well in academics because of competition from many of their peers being raised by tiger moms. The competitiveness in these schools are putting a strenuous amount of pressure on kids who are already overexerting themselves and this can lead to mental instability and suicide. It has gotten to a point where one school district in Princeton, New Jersey has to limit the amount of extra classes and homework given at the schools due to competitiveness of the mostly Asian children and their tiger moms. When children's safety is at stake, nothing else is more important. One fourth grader attending the district said ""I'm not going to amount to anything ... Get more on HelpWriting.net ...
  • 54.
  • 55. The Positive And Criticisms Of Porter's Theory 4) Criticisms on Porter's Theory There have been many different reactions towards Porter's theory on how nations ought to compete. Some responses were validated while others rebutted his theory. Firstly, the positive response will be discussed before focusing on the criticisms of Porter's theory. Oz (2002) implemented Porter's Diamond model to analyse the competitive advantage of five Turkish industries and the outcome was favourable and thus validated Porter's theory. For example, the uncompetitive Turkish automobile industry resulted in uncompetitive companies, while the presence of demanding buyers and hence intense local rivalry in Turkish construction and leather– clothing industries pushed the companies to innovate and become globally competitive. The Turkish findings by Oz thus validated Porter's theory that indeed, competitive industries of a nation are inclined to cluster together. On the other hand, the criticisms of Porter's theory vary widely. Lazonick (1993) downplayed the importance of rivalry and argued that companies facing immense pressure from competitors may decide to adapt through imitation instead of innovation. For example, in order to prevent waning competitive advantages due to challenges from overseas competitors, US companies chose to cooperate rather than compete with each other. Additionally, Chang ... Show more content on Helpwriting.net ... Although reputable academics like Dunning and Rugman has developed an extended version of Porter's Diamond model, it is evident that their work has not fully disproved his framework and simply highlighted the incompleteness of his work as there remains many benefits as to how his Diamond model justifies national ... Get more on HelpWriting.net ...
  • 56.
  • 57. Kaizen Model: A Competitive Country Every country wanted to be highly competitive internationally. It is because a competitive country basically have a stable economy than other country and will be able to attract investors from across the globe. To establish a competitive country, there are several things a country can do. From individuals, organizations and government can contribute to a competitive country. According to Al Smadi (2009), to be a competitive country, changes of attitude has to be started from the company itself. Such as, managers has to be be able to share their knowledge and experience with lower levels workers. Al Smadi (2009) in his article suggest that, to be a competitive company or organizations, the company or organizations can implement Kaizen model. Al Smadi (2009) believe that, "...Kaizen model can substantially contribute to continuous improvement and, thus, drive organizations for high competitiveness without a need for major investment". Which means, a company or organizations can make changes in their work culture without investing to much money. Thus, profitable for company future well–being. ... Show more content on Helpwriting.net ... In business...the process of gradual and incremental improvement in a pursuit of perfection of business activities." Which means, it is everyone responsible to make a continuous improvement in the organizations in order to be highly competitive in industry. Furthermore, based on Kaizen, every single day should have an improvement anywhere in the organization (Al Smadi, 2009). Every improvement that been made can enhance a company competitiveness in industry. Thus, every improvements are important and should not be treat as ... Get more on HelpWriting.net ...
  • 58.
  • 59. The Competition Conflict Style Of A Baseball Card Collection Another area that had results with striking variations between the different assessments is the competition conflict style. When I was younger, this was definitely my go–to style of conflict. I had a competitive flair in about every situation, be it with my friends, brothers, classmates, or parents. I remember being mad that my childhood best friend Chris had better baseball cards than I did. So when my Nana (my maternal grandma) took Chris and me to target and offered to buy us both a box of cards, I told her she should not do it. I selfishly wanted to be better than him at something as small as a baseball card collection, so you can imagine how competitive I was with sports with him. The way I acted with Chris was similar to how I acted ... Show more content on Helpwriting.net ... Still, Josiah thought competition was my most common style. On the contrary, Ben and my mom had it as one of my least used methods. My level of competitiveness differs greatly depending on the individual. Those who are competitive themselves are usually the ones I will be the most competitive with. Part of this is because I am only competitive in certain situations, such as when playing sports. For example, I used to play Josiah sometimes in one on one basketball. He being much shorter than me would struggle to compete and would compensate by playing overly aggressive. It would cause a conflict where I would call him out and he would compete against me in an argument. We have been so close our whole lives, and competitiveness with him is very hard to abandon because it was always the norm. For people I have befriended more recently, my competitiveness is often scaled way back. For example, when I play basketball against Ben, he is simply not a good ball player and he would be intimidated if I played competitively against him. So, with Ben I ditched my competitive nature. Additionally, I think I have grown to be good at understanding others and realizing if a competing style will be tolerated by them and to what extent. During my freshman year I had an argument with my roommate Steve about Michael Jordan and LeBron James. We argued for an hour about who was better, ... Get more on HelpWriting.net ...
  • 60.
  • 61. Diamond Concept: Measuring Competitive National Advantages... Diamond Concept as a Tool for Measuring Competitive Advantage for Nations ( Porter's five forces were formulated by Michael E. Porter as a framework to analyze industry and business strategy. He posits that countries, just like companies, compete in the international markets for their fair share. According to Davis and Ellis (2000), the focus on competition is diversion from traditional economic thinking. Unlike the previous theories that only work on one or two dimensions, Porter's theory connects firms, industries and nations. He put forward two propositions after carrying out studies in different nations. The first one is that the competitive advantage of a nation's industries is determined by the ... Show more content on Helpwriting.net ... Although widely acclaimed, the theory has its own share of numerous conceptual flaws, especially that of elision. Subsequent research on the theory has tended to refute the theory's major assertions. For example, contrary to what the theory asserts, sustained prosperity may be achieved without a nation becoming innovation driven (Davidson, 1991). Many of the internationally successful industries do not have a strong diamond base in place. Similarly, inward foreign direct investment does not indicate a lack of competitiveness. The theory also claims integration between international economics and strategic management. This stems from the mistaken attempt to substitute competitive advantage for comparative advantage (Caves, Frankel and Jones, 1993). Policy makers are left with a number of issues with which to base the SWOT–type analysis of their economies' positions on. This is not in respect to competitiveness but of the different industrial sectors available in their economies. However, they lack reliable guide with respect to the appropriate policies to pursue (Congdon, 1990). The theory encourages economies, especially the developing ones, to pursue policies that may be harmful. The fundamental objective of Competitive Advantage of Nations (CAN) was to explain why some 'social groups, economic institutions and nations advance and prosper' (Porter, 1990). He ... Get more on HelpWriting.net ...
  • 62.
  • 63. Essay On Global Competitiveness Global Competitiveness: Role of Supply chain Management Business today is in a global environment. This environment forces companies, regardless of location or primary market base, to consider the rest of the world in their competitive strategy analysis. Firms cannot isolate themselves from or ignore external factors such as economic trends, competitive situations or technology innovation in other countries, if some of their competitors are competing or are located in those countries. Companies are going truly global with Supply–chain Management (SCM). A company can develop a product in the United States, manufacture in India and sell in Europe. Companies have changed the ways in which they manage their operations and logistics ... Show more content on Helpwriting.net ... The ultimate objective of SCM is to achieve a 'strategic fit' between the company's competitive strategy and supply–chain strategy. This strategic fit can be achieved by Understanding the customer demand, which helps the company to define costs and service requirements and understanding the supply chain that helps the company to design and manage its supply chain in accordance with the customer's demand. If any mismatch exists between what the supply chain is capable of doing with respect to customer demands, the company can either alter the structure of the supply–chain design or alter its strategies. During the industrial age, companies succeeded by how well they could capture the benefit from economies of scale and scope & technology. The success accrued to companies that could embed the new technology into physical asset that offered efficient customer service. The emergence of the retailing era, which stared in the last decades of twentieth century, made obsolete many of the fundamental assumption of industrial age. The retailing age environment requires new capabilities in organization for competitive success .the ability of a company to mobilize and exploit physical, tangible assets enable an organization to develop customer relations and loyalty, introduce innovative produce and services, produce customized high–quality products ... Get more on HelpWriting.net ...
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  • 65. The SME Competitiveness Model III COMPETITIVENESS MODEL: As Engineering colleges are small organizations, they can be compared to a Small and Medium Enterprise (SME). Hence the SME competitiveness model is employed here in this study. [16] The modified SME model is presented in Fig–1. Apart from competencies of management and principal, there are institutional capabilities representing potential of the college, scope representing external environment, process dimension representing efficiency of resource utilization, and the performance. Competitive scope, institutional capabilities and competencies of top management together constitute the potential dimension. And teaching learning is the main aspect of process dimension. The management needs to create capabilities, scope and set objectives for the institute. These processes are depicted as the three tasks. Once these tasks are performed efficiently, the institute starts performing. A good performance builds an image to the institute. A consistent long–term performance enhances the image of the institute. ... Show more content on Helpwriting.net ... According to the quality management concept, customer satisfaction may be a measure. The corporate world which recruits these young engineers complains about quality. While the parents find the escalating cost of education. High cost of education is due to lack of application of technology and lack of innovations. There are no attempts to reduce the cost of education. Thus there is opportunity to apply the total quality management to technical education so as to improve performance and to cut cost of education so as to make it more affordable. It is the time to make radical changes and introduce flexibility so as to achieve excellence. Managements need to posses strong commitment competencies along with necessary drive and initiative to sustain efforts to improve performance. Quality management in engineering colleges is ... Get more on HelpWriting.net ...
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  • 67. Essay On Unemployment At the national level, the U.S. created 222,000 new jobs in June 2017 as hiring accelerated in the spring, showing that companies are still finding ways to add staff despite a growing shortage of skilled workers. The national unemployment rate, meanwhile, rose to 4.4% from 4.3% as more people entered the labor force in search of work. The jobless rate had fallen to a 16–year low in May 2017. Orange County's unemployment rate was 3.8 percent in June 2017, below both the national average and June 2016's rate of 4.3 percent. The job market remains in generally good shape eight years into the economic expansion. However, underneath the surface, unprecedented changes caused by new technologies and innovative new ways of utilizing technology ... Show more content on Helpwriting.net ... A severe lack of affordable workforce housing affects Orange County's future economy in several different ways; the regional economy can overcome this challenge or face declining competitiveness depending on how current stakeholders and policymakers address this issue. Finally, positive overall job growth may mask the lower quality of many of the new jobs being created in Orange County. All of these trends have significant implications for Orange County's education and workforce development systems. The Orange County Development Board and Orange County Business Council's 16th annual workforce indicators report seeks to prepare the region's workforce stakeholders – from CEOs to college administrators to entry–level workers – to face these issues and preserve the competitive advantages that have been – and are –– the foundation of Orange County's economy. How should local policymakers, businesses, and educational institutions respond to the changes and trends outlined in this report? First, they need to recognize where Orange County is potentially vulnerable. While the skills gap, for example, is a nationwide issue, it may particularly affect Orange County because of its relatively poor ability to retain young workers and key industries in fields disproportionately affected by this trend. The regional economy also may have ... Get more on HelpWriting.net ...
  • 68.
  • 69. Essay on Porter's Diamond Model ASSESSING THE POWER OF PORTER'S DIAMOND MODEL IN THE AUTOMOBILE INDUSTRY IN MEXICO AFTER TEN YEARS OF NAFTA SALVADOR BARRAGAN Master in Business Administration, IPADE Business School, 1996 BSc in Industrial Engineering, Universidad Panamericana, 1994 A Research Project Submitted to the School of Graduate Studies of the University of Lethbridge in Partial Fulfilment of the Requirements for the Degree MASTER OF SCIENCE IN MANAGEMENT Faculty of Management University of Lethbridge LETHBRIDGE, ALBERTA, CANADA © Salvador Barragán, 2005 ii Abstract It has been ten years since the signature of the NAFTA agreement among Canada, U.S., and Mexico. For Mexico, this was a decisive step away from a protectionism model toward a ... Show more content on Helpwriting.net ... 10 2.2.1. The Doubled Diamond vs. a Single National Diamond ................................. 11 2.2.2. The Role of the Multinational Enterprises (MNE's) as Empowering Developing Countries rather than Constraining their Growth.................................. 12 3. Research Setting: Why Use Mexico to Study Porter's Diamond? ............................... 17 4. Research Questions....................................................................................................... 19 5. Methodology ................................................................................................................. 20 5.1. Positioning the International Competitiveness of the Industry.............................. 22 5.2. Addressing the Research Questions....................................................................... 23 6. Results........................................................................................................................... 28 6.1. The Competitiveness of the Automobile Industry in Mexico................................ 28 6.2. Positioning the Industry as Internationally Competitive ....................................... 29 6.3. Using Porter's Diamond to
  • 70. Assess Sources of Competitive Advantage in the Automobile Industry in Mexico: 1993–2003. ............................................................... 39 6.3.1. Factor ... Get more on HelpWriting.net ...
  • 71.
  • 72. Global Strategy : Global Marketing Global strategy: Global strategy is considered as a detailed plan on how an organization or a firm can be successful marketing its products or services at global level to enhance business growth, and increase profit margin (Lynch, 2014). Organizations or firms will have many reasons why its imperial for the businesses to penetrate or enter global market, some of these reasons will include to increase profit margin, increase sales, expand the scope of the business at a global scale, and increase market competitiveness (Winters, 2015). To effectively accomplish the global business goals and objectives by any firm, the company will require an extensive detailed comprehensive global strategy to effectively accomplish their business goals. Other International strategies: Some of the international strategies to include multinational strategy where a company is involved in several market outside of its home country, the company will then be required to designed different strategic methods for each of the markets because of competition, customers request and demand are different from country to country as competitive advantage is determined separately from each country (Lynch, 2914). Another international strategy is the global strategy where a company designed a marketing plan for entire global market, the organization now consider global market as largely a market, which means market and competitive approach is designed largely on a global scale respectively (Winters, 2015). The ... Get more on HelpWriting.net ...
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  • 74. Environmental Scan Paper Environmental Scan Paper MGT/498 Environmental Scan Paper The business environment of an organization reveals much about its competitiveness and the possible influences on the success of its strategies. The focus of this paper will be an environmental scan of the internal and external environments of two real–world firms, their competitive advantages and company strategies for creating value and sustaining competitiveness, measurement guidelines for verifying strategic effectiveness and their evaluation. Internal and External Environments Environmental scanning of the internal organizational environment focuses on company culture, employee–employee, manager–employee, and ... Show more content on Helpwriting.net ... In relation to Apple's internal environment, the company encourages an innovative culture, involving staff creativity and open–mindedness to novel ideas. In addition, Apple stresses the use of environmentally friendly practices, and protection of employees' safety and health at work (Schneider, 1995, p. 70). Apple's external environment poses a challenge to the company in terms of emerging firms in the technology business line, competitors selling substitute products, charging lower prices that entice customers because of their affordability, in comparison to the high quality and pricing of similar items from Apple (Apple, 2012, p.1). Competitive advantages and company strategies Creating value and sustaining competitive advantage through business strategy McDonald's emphasizes cleanliness and food safety, in addition to quality and value service (QSC&V), through which it has succeeded in obtaining customer trust. The company also stresses ethical practices, dependability, and truthfulness in dealing with customers (McDonald's, 2012, p. 1). Moreover, McDonald's employs a coordinated marketing strategy that involves analyzing customer wants, creating products to satisfy his or her needs, setting the right prices and enhancing awareness of ... Get more on HelpWriting.net ...
  • 75.
  • 76. Test Essay on International Competitiveness Stephen Berkowitz Economics – Unit 4 Test Essay – International Competitiveness Question 3 June 2010: 3 (a) The UK fell from 9th to 12th place in the Global Competitiveness Index between 2007 and 2008. Examine the factors which might have caused the decrease in the international competitiveness of the UK's goods and services (20) A country's international competitiveness in output markets is a measure of its ability to increase the sales of its goods and services in both its domestic markets and overseas markets compared to that of its trading rivals. I will be looking at the aspects of this that are price competitive. The first factor I'll look at is the real exchange rate and effective exchange rate. The real exchange rate is the ... Show more content on Helpwriting.net ... By simply pushing up total operating costs for businesses this will then damage international price competitiveness. The is exacerbated by compliance costs such as health and safety regulations, environmental regulations, and employment protection laws, that all reduce international price competitiveness. 3 (b) Evaluate strategies which may be used by businesses and government to improve the competitiveness of the UK's goods and services (30) To improve the international competitiveness of the UK's goods and services, I'll be looking at supply side policies, exchange rate policies, and policies that promote stability. Supply side policies aim to achieve an outward shift in the LRAS curve by increasing the quantity and improving the quality of factor inputs. The first supply side policy I'lll be looking at is a reduction in taxes for businesses. What corporation tax cuts will result in is less money spent on tax, allowing more money to be available for firms to spend on investment spending. The reduction of tax will only be useful in the extra money is spent in this way, as the government will benefit in the long run from the decrease of money gained in the short run if the LRAS curve shifts to the write. Reducing tax may also increase foreign direct investment spending by other countries in the UK. With greater capital goods, labour productivity will increase by increasing ... Get more on HelpWriting.net ...
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  • 78. Competitive Forces Analysis Of Amazon Competitive Forces Analysis. Amazon, Google, and Apple each have competitive advantages in various markets; however, one specific market proved difficult for Amazon to cultivate a competitive advantage. Shaping competition, the five forces, known as threats of new entrants, power of suppliers, power of buyers, threats of substitutes, and existing rivalry, determine industry profitability and influence the ability to gain competitive advantage (Rothaermel, 2017). Notably, failing to understand the forces can results in negative gains. Within the U.S. technology industry, the smartphone market has strong competitive forces, yet profit potential. In particular, the smartphone market has established firms, such as Google and Apple, each with large market shares, which lessens profitability potential for new entrants. Nevertheless, Amazon, pursuing a differentiation strategy, attempted to develop and market the Fire smartphone in 2014 to diversify business activities (Rothaemel & McKay, 2015). One force Amazon encountered was the presence of entry barriers. Established firms, Google and Apple, had proven brand recognition, economies of scale, and loyal consumer base in the smartphone industry, and an entering firm, such as Amazon, faced risk. From Amazon's view, entering into the smartphone market required significant capital investment, with unpredictable effects, to develop a differentiated, price competitive product. Furthermore, the threat of substitutes was high ... Get more on HelpWriting.net ...