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Porter's Five Forces
(1) Competitive Rivalry-number and strength of competitors. Who are they and how do they impact your business? You have no competitors, really? Are you sure?
(2) Supplier Power-how easy is it for suppliers to raise their prices? Do you have limited suppliers and limited resources? One example we used was plastic pellets, you need oil, and the number of suppliers is limited.
(3) Buyer Power-how easy is it for buyers to bring your prices down? Do they have many alternatives or choices to buy your type of product or an alternative?
(4) Threat of substitution. Can your product be replaced? We talked about Blockbuster Video, 5 billion dollar company gone. It was substituted by Redbox and Netflix
(5) Threat of new entry- companies ability to enter into your market. How easy is it, what type of barriers do they have to go through and what would your company have to do to enter a new market?
The definition of "Retirement Programs" has fundamentally changed. In our parents day, it was customary to provide employer-sponsored retirement health plans and pensions. That day has come and gone from a private-sector perspective.
List four [4] requirements of a good evaluation and control system. List and describe the three [3] stages of the evaluation and control process.
The late nineteenth-century brought about many changes politically, economically and socially in America. Goldfield, et. al. (2010) states a weakened presidency and inefficient Congress hampered the government's ability to resolve many issues. Now, w..
evaluate how the consistency, consonance, advantage, and feasibility strategies has either improved or degraded the financial performance of the corporation.
Describe briefly at least two core elements of lean that you personally can use to improve your selected organization.
The company is closely held and has no external reporting obligations, other than payroll reports and income tax returns.
A printing company has a contract with a legal firm to copy their court documents. Daily demand is a constant at 20000 pages to be copied. The mean lead time for the contractor is4 days with a standard deviation of 1.25 days for delivering copies. Fi..
What is the hardest to grasp? What would you recommend to someone beginning a business ethics class to do in order to be a successful learner? Why
Trace the ethical decision-making process. To hypothetical ethical issue you develop yourself.
Matrix Management: Not a Structure, a Frame of Mind Read the article: "Matrix Management: Not a Structure, a Frame of Mind" beginning on page 383. Do you agree with the author that managing in a MNE is not a structure, but a frame of mind. Explain.
For each of the three social media strategies, come to a consensus with your team on the two most important strengths and weaknesses of each option as presented in the case. List these strengths and weaknesses and then select which social media optio..
Using the concepts from Leadership -describe task-oriented and relationship-oriented leaders.
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