Introduction “The Blue Nile was incorporated Delaware on March 18‚ 1999 as RockShop.com Inc. On May 21‚ 1999 the company purchased certain assets of Williams & Sons‚ Inc a Seattle Jeweller including a website established by that business. In June 1999‚ they changed their name to Internet Diamonds‚ Inc. In November 1999 the Blue Nile brand was launched and changed to Blue Nile‚ Inc with corporate head office located in Seattle‚ Washington USA. Blue Nile.com (2008) The Blue Nile “business has grown
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Blue Nile Case Questions 1. How strong are the competitive forces confronting Blue Nile and other online retail jewelers? Which one of the five competitive forces is the strongest? Do a five-forces analysis to support your answer. The competitive forces that are confronting Bule Nile and other online retail jewelers are strong. The threat of new entrants is high because the brick-and-mortar stores have a low cost of entry into the online retail of their jewelry. The threat of substitutes is
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Ashesi University College Competitive Strategy Course Code: BUSA 405 Semester One: 2010/2011 Marking Scheme Mid Semester Exams Lecturers: Anthony Ebow Spio and Robert Ahomka-Lindsay Section A (40 Marks) Provide Short and concise answers 1 Explain the term sustainable competitive advantage and why it is so important to a winning business strategy. (5 marks) Suggested Answer A company achieves sustainable competitive advantage when an attractive number or buyers prefer its products/services
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26 November 2013 The Blues Brothers The Blues Brothers is an American comedy directed by John Landis and was released in 1980. The film follows convict Jake and his brother Elwood Blues‚ who go on “a mission from God” to save the Catholic orphanage they grew up in from shutting down. By doing so‚ they reunite their band and organize a performance to earn $5‚000 to pay off the owed tax while being chased by a deranged ex‚ Illinoisan Nazis’‚ the Good Ole Boys’‚ a western/country band‚ and the police
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Escaping the Blues Reservation Blues begins with the tortured soul of a musician‚ and his guitar. The blues musician‚ a reanimated form of the late Robert Johnson‚ hands his enchanted instrument to Thomas Builds the Fire. This guitar possesses skill‚ precision and soul‚ no matter who its owner is. Johnson had given his soul to the Devil in order to acquire these powers. When Thomas was given this guitar‚ he too felt the music radiating with its strings. This power‚ compelled Thomas to create
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1. What are some key success factors in diamond retailing? How do Blue Nile‚ Zales‚ and Tiffany compare on those dimensions? Key drivers of customer purchases in diamond retailing include quality and range of products offered‚ reputation‚ professional advice offered‚ and customer perception and emotional bonds‚ including a positive buying experience and customer service. Success is also dependent upon obtaining economies of scale through such avenues as preferential access to resources‚ an
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Blue Nile Inc. Strategy 2011 Blue Nile Inc. Strategy 2011 Introduction In 2009‚ the U.S. jewelry and watch market was 42% of the worldwide market‚ which was estimated to be as much as $140 billion. Industry revenues had grown 5.5% annually for the 20 years prior to the recession in 2008. Despite the recession and intense competition in this highly fragmented market‚ Blue Nile Inc. (NILE) capitalized on the industry growth rates and grew to become the world’s largest online
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Executive Summary This paper is based on Blue Nile‚ a leading online jewelry retailer’s performance in inventory management‚ supply chain corporation‚ customer service and support. By analyzing the main competitive forces‚ weakness was pointed out. There is a detailed problem statement discussing the weakness and reasons are listed. The analysis of Blue Nile’s competitive forces is also a strong evidence of their negligence in a field of market. The term of generic strategy is used in the analysis
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The key success factors in diamond retailing can be measured by distribution network design‚ product quality‚ luxury‚ customization (personalization) ‚ customer experience‚ high quality of customer service in terms and so forth. Blue Nile has built up its distinct advantages by providing the customers with high quality‚ fine jewelry‚ competitive pricing‚ low-pressure selling tactics‚ customization and inventory choices of 75‚000 stones as an online retailed store. Additionally‚ its online selling
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RISK ASSESSMENT OF MALATHION PESTICIDE APPLICATION HAZARD IDENTIFICATION: West Nile virus (WNV) is a dangerous nervous system disease that spreads primarily by mosquitoes (2007). According to data from the Center for Disease Control and Prevention (2007)‚ there were 4‚269 West Nile Virus cases in the United States in 2006 and 177 were fatalities. The West Nile Virus does not discriminate from the rich‚ the poor or the uneducated. By administering the application of harmless pesticides we
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