The Dynamics of Competition 1.0 Competition: Introduction: All companies survive in an external environment that influences their working. The external environment is the foundation of resources essential for existence. On the other hand‚ as the competitive dynamics in a business change‚ companies working in that business have to alter the method they compete for required resources. This alteration in operations is necessary for the sustained attainment of key resources. In other words‚ as the
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The major profitability ratios are: 1.1.1.1 RETURN ON CAPITAL: Describes the earning capacity of the enterprise and it is measured by the following ratio: Profit before interest and taxation Average operating Assets The Return On Capital ratio measures how well the average operating assets (assets such as debtors‚ cash‚ fixed assets‚ stock) are generating the company s income‚ and is indicative of the management techniques applied by the company to utilise its assets
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NBER WORKING PAPER SERIES PROFITABILITY OF MOMENTUM STRATEGIES: AN EVALUATION OF ALTERNATIVE EXPLANATIONS Narasimhan Jegadeesh Sheridan Titman Working Paper 7159 http://www.nber.org/papers/w7 159 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge‚ MA 02138 June 1999 This paper has benefited from the excellent research assistance of Fei Zou and helpful comments from the participants of finance workshops at Indiana University and the University of Texas. All opinions expressed
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Strategic Management Journal Strat. Mgmt. J.‚ 21: 1105–1121 (2000) DYNAMIC CAPABILITIES: WHAT ARE THEY? KATHLEEN M. EISENHARDT* and JEFFREY A. MARTIN Department of Management Science and Engineering‚ Stanford University‚ Stanford‚ California‚ U.S.A. This paper focuses on dynamic capabilities and‚ more generally‚ the resource-based view of the firm. We argue that dynamic capabilities are a set of specific and identifiable processes such as product development‚ strategic decision making‚ and
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Group dynamics is the study of groups‚ and also a general term for group processes. Relevant to the fields of psychology‚ sociology‚ and communication studies‚ a group is two or more individuals who are connected to each other by social relationships.[1] Because they interact and influence each other‚ groups develop a number of dynamic processes that separate them from a random collection of individuals. These processes include norms‚ roles‚ relations‚ development‚ need to belong‚ social influence
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that teams actually experience. Traditional group interventions use humanistic and functionalistic paradigms that do not consider the unconscious functioning of groups. Interventions that use the system psychodynamic paradigm could address these dynamics because they study behaviour of individual group members in the context of the group-as-a-whole. Postal address: PO Box 392‚ UNISA 0003‚ South Africa Research design‚ approach and method: The researcher conducted action research in a publishing
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organizations needs as well‚ focussing on customer satisfaction by attracting‚ retaining and enhancing customer relationships has become a goal for every organization. This essay will examine how customer’s perceived quality can have a bearing on the profitability of a company. The essay concludes that providing quality services and products enhances customer satisfaction and perceived quality‚ which leads to customer loyalty and retention ultimately leading to success. INTRODUCTION Businesses are embracing
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Dynamic Earth Has the Earth been static since the beginning of time? Well‚ Earth hasn’t been moving vigorously but it is changing at a steady rate. New geological features‚ rock formations‚ and locations of plates all rise and demolish some in a lifetime and others over a span of millions of years. Earth is dynamic; it constantly progresses and doesn’t rest. Through the churns and molds‚ the twists and turns‚ Earth is active because of plate tectonics and the rock cycle. The ideas
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Productivity in Research A production system involves constant and numerous decisions that greatly impact its performance. The company must need to develop certain methods to help engineers to make the best choices when designing or using production systems. Such systems range from simple machine on a production line to a complete logistic platform with many interacting industrial partners. It entails that optimization is playing a key role for specific elements of these systems. A company must
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Business Dynamics- Ventana Systems Name: Institution: 28th March‚ 2013. Business Dynamics: Systems Thinking and Modelling for a Complex World Introduction The problems that arise today often do so as a result of the resolutions that were arrived at yesterday. Social systems today suffer from what is known as policy resistance. This is the tendency for interventions implemented with a good will to be defeated by the reactions or retaliatory responses of the system to the same intervention
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