MM4311 Strategic Management Individual Assignment Porter’s 5-Forces Model in Hong Kong theme park industry Name: Lau Hiu Ying Instructor: Yi TANG 1. Introduction Theme Park is an entertainment venue that includes rides‚ restaurants‚ activities‚ and attractions‚ woven around a theme such as celebrity or characters. Therefore‚ Hong Kong has a pair of theme parks which are Hong Kong Disneyland (an international famous theme park) and Ocean Park (a recreational‚ educational‚ home-growth
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Testing Catalase Activity Prepared by Anel Behric For professor Goodrow General Biology Lab Mohawk Valley Community College 10/14/2014 6:00 PM Introduction: This experiment was conducted to examine the breakdown of substrate hydrogen peroxide (H2O2) by catalase‚ which is a specific enzyme that breaks down substrates of (H2O2). Molecules are in our bodies and nature. They move around constantly which causes them to be part of random collisions‚
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for representing the different areas of Porter’s Five Forces Model because it seems as though there is always some different development happening within the industry. An article I found on The Economist’s online site addressed some of the main industry developments quite well. This particular article‚ titled “Net Flicks‚ Original programming hits the web”‚ mainly deals with the online video streaming company Netflix and their recent activity of producing and releasing original programming‚ which
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of these newly formed agencies‚ the DEA was created‚ President Richard Nixon proposed a plan in 1973 to the U.S. Senate and the House of Representatives to have one single agency coordinate the government’s drug control activities. There was a great deal of governmental activity that involved the control of drugs and the DEA between the years 1973 and 1975. Because of this‚ the DEA then decided to further their agencies resources and created their intelligence program. This program was then divided
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LESSON PLAN 1 Theme: Classroom texting Level: Beginner Objective: Practice speaking and writing Time: 45 minutes Skills: Writing‚ speaking Background grammar: Use of relative clauses Preparation: Make a vocabulary list about movie types: romance‚ comedy‚ drama‚ western‚ science fiction‚ thriller‚ horror‚ animation‚ documentary‚ musical‚ action‚ adventure‚ fantasy. Procedure As a warm up‚ write the list on the whiteboard and ask students about their most liked and disliked
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English 8 Research Paper “The FBI’s National Joint Terrorism Task Force manages more than 100 FBI Task Forces around the country”(Welcome). The Federal Bureau of Investigation is a federal law enforcement agency that works hard every day and night to keep our homeland safe. Many high stake crimes that happen like cyber crime or even terrorism have been handled by the FBI. However‚ not just anybody is cut out to have the job as a special agent. Ensuring a career in the Federal Bureau of Investigation
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Five Forces Model is a framework used in the analysis of industry structure and profitability. This model evaluates the ability of company to assess their standing in the industry. Understanding the industries is essential for any firm to be successful. This model evaluates the risk of entry by potential competitors; rivalry among established companies; substitute products; bargaining power of buyers and bargaining power of suppliers. Risk of entry by potential competitors It is not difficult to
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Awareness of the five forces can help a company understand the structure of its industry and stake out a position that is more profitable and less vulnerable to attack. 78 Harvard Business Review | January 2008 | hbr.org STRATEGY STRATEGY by Michael E. Porter Peter Crowther SHAPE THE FIVE COMPETITIVE FORCES THAT Editor’s Note: In 1979‚ Harvard Business Review published “How Competitive Forces Shape Strategy” by a young economist and associate professor‚ Michael E. Porter
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Opportunity………………………………….…………………………………………………...2 1. Industry Description…………………………………………………………………………2 2. Industry Demand……………………………………………………………………………..4 Part III: Industry Analysis………………………………………………………………………………..4 1. 5 Forces………………………………………………………………………………………..4 2. Low Power Forces……………………………………………………………………………7 3. Key Success Factors………………………………………………………………………….7 4. One KSF……………………………………………………………………………………....9 Part IV: Strength Assessment………………………………...…………………………………………10 1. KSF Calculations……………………………………………………………………………10
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Environmental forces The environmental forces are the external forces of Pizza Hut that will directly or indirectly influence the organization. There are six environmental forces of Pizza Hut such as competitive‚ economic‚ political‚ legal and regulatory‚ technological‚ and socio cultural. Competitive Forces There are 3 types of competitors that Pizza Hut faced on which include brand competitors‚ generic competitors and total budget competitors. The brand competitors of Pizza Hut such as
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