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Business Essay

Your organisation is considering investing in a new industry. Select an industry and analyse it according to Porter's five forces model. Investigate the barriers to entry which may exist. Produce a report on your findings with recommendations
The cost of entry into an industry also depends upon the probable reaction from existing competitors (Porter, n. High switching costs also deter a manufacturer from entering an industry. Switching costs in this case may be high because of periodical technology up-gradation to survive in the market. Automobile manufacturing and especially with new technology requires intensive distribution strategy with several distribution channels. This becomes difficult for a new entrant to establish and
Pages: 6 (1500 words), Essay
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You are working as a consultant and have been asked to produce a written report for Sylvias Bar in BirminghamUK. Read the Case Study and write a Report containing an analysis of the current situation and recommendation/s for action
The strategy of keeping it ‘exclusive’ may not work all the time, because when the targeted particular segment of the customer base find other options, the firm may not have other customer segments to fall on. (Vickers and Renand 2003). So, by setting price on the basis of industry standards, and equal or less than its competitors, Sylvia’s Bar can expand its customer segment. Even while bringing in more customers, care should be taken not to compromise on the quality.The insistence of
Pages: 6 (1500 words), Essay
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You have to be a good manager to be an effective leader. Critically examine this statement
A good manager plans the details of the business and focus on managing work (Beerel, 2009, p. In addition, managers prefer maintaining business stability for a long period in order to ensure business success.Nearly, if not all, the qualities that are desired of a good manager are also desired of an effective leader. An effective leader should posses these qualities in order to ensure that organizational goals and objectives are achieved. A business leader has the responsibility of not only
Pages: 4 (1000 words), Essay
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You are to produce a review of the strategic situation of Kepak, the Irish meat company, based on the provided case study Kepak and the future of the Irish beef industry
There were no listed companies, so access to capital was through borrowing or trading profits which is a very cash-hungry business. Kepak suffered from the swings and roundabouts of the beef market. It also suffered the inability to plan effectively for the future (Bell, Mcloughlin, Shelman 2-3)Kepak’s competitive forces within its business environment can be analyzed using The Porter Five Forces Model illustrated on the following page. It was developed by Michael E. Porter at the Harvard
Pages: 8 (2000 words), Essay
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Corruption cases had badly affected American foreign Policies, portraying a negative image of American Democracy abroad. Corruption had badly impaired public confidence in financial integrity in the country’s corporations (Seitzinger, 1999). To deal with these problems, the congress responded by passing the Foreign Corrupt Practices Act of 1977, FCPA. The act was therefore as a result of market failure in ensuring integrity and safeguarding financial integrity in corporations.The act was
Pages: 14 (3500 words), Essay
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You are required to develop an international expansion plan for a product or service
So, it is spotted as one of the leading British retailer in terms of total sales and brand image as compared to many other rival players. Along with this it also comprises a market share of 14.6 % and customer base of more than 1 million in both domestic as well as international markets. As a result, the market value and distinctiveness of Tesco Plc is enhancing at a rapid pace as compared to other retailers such as Wal-Mart and Carrefour. Thus, it helped in enhancement of the revenues by
Pages: 11 (2750 words), Essay
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You have been asked to write a report on the UK Governments new welfare system project
With this consideration, the report intends to present a critical evaluation of the UK Government’s new welfare system project that has derived negative publicity from the concerned press by a considerable extent. The report is addressed to the Universal Credit Project Board with a set of recommendations to ensure that the emerging challenges from the project are mitigated.Universal Credit is a programme offered under the UK Government’s new welfare system project. The main benefits of this
Pages: 6 (1500 words), Essay
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Yorkshire Tea's Strategic Choices
When the competition in the market space is very fierce the organization adopts various kinds of market penetration strategy. In a scenario where the company obtains limited profit margins from an existing market in such a condition the company often sets out strategies for market expansion either with the same product line or with an extended product line. The various strategies are then evaluated using a SFA framework that stands for sustainability, feasibility and acceptability. The report
Pages: 18 (4500 words), Essay
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You are a consultant for one of the organisations below. You have been asked to provide analysis of the leadership explaining why and how things went wrong, and your suggested leadership plan to move the company forward. Using theory make reference
It also bears in a number of ways, the fundamental role of ensuring a work-force that is able to respond to the highly competitive requirements of the increasingly worldwide framework where the contemporary organizations operate (Armstrong, 2011). Research has shown that organizations and industries are bound to face a challenge pertaining to their survival in the near future, unless the workers are adequately equipped with the acquaintance and skills required to enable them to significantly
Pages: 18 (4500 words), Essay
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Yamamoto Recording Media
On the other hand, unreliable demand forecast coming from the P/S department can also trigger some problems in the company’s inventory level and the company’s ability to fill the market demand (7).In product life cycle, manufacturing companies such as the case of Yamamoto should avoid products that are obsolete because of high levels of inventory. Basically, one of the best and most effective ways to avoid product obsolescence is to practice lean production which can be achieved using the
Pages: 6 (1500 words), Essay
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You can choose topic should about : consumer attitude toward online shopping(luxury brand like LV Gucci)
As such, one major player in the luxury fashion brand making good use of the online shopping platform is the LV Gucci brand. Gucci is in fact one of the leading fashion brands in the whole world which actively adopted the online shopping platform in order to expand its market sphere, as well as create a competitive edge over other industry players.Gucci is an Italian luxury fashion brand located at Florence city in Italy. It commenced its operations in 1921 after its founder, Guccio Gucci, a
Pages: 24 (6000 words), Essay
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When people come together to work, they take risks which person cannot take because of loss fear. The avoidable risks by individuals are put in operation by a team hence assured returns. Team working is a self-motivation program where team members are self-motivated by their contributions to the team (Deeprose, 2001). That comes from the confidence of the members.Adopting a team developing in an organization is a good move but the organization should be careful with the group size for
Pages: 8 (2000 words), Essay
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Culture just means the way people or a community views their surroundings. There is a need for cultural consideration because different regions and communities will have different values, beliefs and norms. Culture is learned through schools, ones experience and interaction with various people with different cultures and training and development. An expatriate will have knowledge of certain cultural beliefs, values and norms if he or she had the opportunity to learn them or is willing to
Pages: 8 (2000 words), Essay
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YUManagers today must be able to manage change so that an organisation can respond to the influences from external environments. Critically analyse this
Of a new competitor in the market brings lot of change as now organization becomes more serious about their product sales because they are in constant fear that their market will finish if competitor gets the market demand. So, the existing company try to change their work culture to stay dynamic (Cummings and Worley, 2014).A change in workforce diversity also brings change to a company. Previously, only men use to work in some company but now, women also work which changes the environment as
Pages: 12 (3000 words), Essay
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The taboo against slaughtering and consuming of horsemeat was imposed in UK.Tesco has faced cultural aversion. it is not illegal to sell horse meat in UK but it is considered illegal and offensive of selling food containing horse meat that are not listed in labeling. Although horsemeat is consumed by the people widely in many countries, the practice of this activity has taken a serious shape in case of Tesco because it has been alleged in selling horse meat by not concealing it to its
Pages: 5 (1250 words), Essay
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