Nowadays‚ watching movie has been common-placed to most of the people and they watch movie in two different place: in a theater and at home. Some people prefer to watch movie in a theater and some people prefer to watch at home depend on their mood and characters. For me‚ I prefer watching movie at home instead of watching in a theater. The reasons should be reviewed in order to understand my statement. FIrst of all‚ when we watch movie in a theater‚ it will take lots of time to get there and
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calculated that of 200 customers who completed the questionnaire at the rock festival‚ the mean age was 23. The age distribution conformed to a curve of normal distribution with a standard deviation of 5. Calculate the number of customers aged 33 and over who featured in Sonia’s survey (33-23)÷5 = 2 2% of 200= 4 Answer= 4 2) With reference to the report on the UK smoothie market (appendix 2) analyse two limitations of using secondary sources as the basis of Sonia’s decision making
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Michael Porter’s Factor 1) Threat of New Entrants - The easier it is for new companies to enter the industry‚ the more cut-throat competition there will be. Factors that can limit the threat of new entrants are known as barriers to entry. Some examples include: Existing loyalty to major brands Incentives for using a particular buyer (such as frequent shopper programs) High fixed costs Scarcity of resources Government restrictions or legislation Entry protection (patents‚ rights‚ etc.)
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spend at the theaters‚ you could use that money to rent multiple movies at the movie store and you will still have money left over to save for a rainy day. The expenses you will pay at the theaters can result in a bad experience for watching a movie that you may enjoy. There are many differences and similarities between renting a movie and going to see a movie. Being at the movie theaters can be a waste of your time‚ depending on what time you go. The best time to go to the theaters would be the
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I. Case Synopsis Motion pictures are a key driver of the market for entertainment products‚ one of the largest export markets in US. Motion picture industry consists of three stages: studio production‚ distribution‚ and exhibition. The studios produce the lifeblood of the industry‚ the films that are its content. The biggest players at this level are the majors‚ big studios which integrate production and distribution‚ as do the slightly smaller mini-majors. The next stage is distribution. Distributors
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AAEE 2012 CONFERENCE Melbourne‚ Australia www.aaee.com.au/conferences/2012/ Analysis of Competitiveness of Batangas State University College of Engineering Using Porter’s Five Competitive Forces Model Tirso A. Ronquillo‚ Ph.D. Batangas State University‚ Philippines taronquillo@yahoo.com BACKGROUND There are a number of models and frameworks used in the analyses of competitiveness of engineering universities in the context of internationalization and globalization. Although much can
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Introduction To perform the Industry Analysis it is better to follow Michael Porter ’s five forces model. This analysis framework was created so that it helps managers in their task to analyze competitive forces to the company. (Hill & Jones 80) This model is only one of the models that can be used for this task but it is one of the more popular models. The five forces that we will have to look at for this model are (1) the risk of new and potential competitors; (2) the bargaining power of
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INTRODUCTION An industry is a group of firms whose products are close substitutes for each other (e.g. the car industry‚ the travel industry). Some industries are more profitable than others. Why? The answer lies in understanding the dynamics of competitive structure in an industry. The external environment of an organization is marked by intense competition between rival firms. The components of external environment include economic‚ socio-cultural‚ and global issues. In order to gain sustainable
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5 forces of Porter The 5 forces of Porter are named after Michael E. Porter. This model classifies and examines the competitive forces that characterize every single industry plus it helps to give a clear understanding of what the strengths and weaknesses are of each type of industry. In addition to this‚ the 5 forces of Porter were mainly designed as a response to the famous “SWOT Analysis”. These 5 forces are the following: 1. Competition in the industry 2. Potential of new entrants
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us [pic] Porter’s Five Forces Model: Industry Analysis The External Analysis framework‚ also known as Porter’s five forces‚ is one the fundamental business models widely used by businesses and managements consultants. Originally created by Michael Porter‚ it is applied for assessing market forces within an industry and developing strategic recommendations. [pic] PORTER’S FIVE FORCES Michael Porter had outlined the following 5 key external market forces: Supplier and Buyer
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