‘safeguard against the illegal use or application of patented technology and copyrights by local imitators’ (Isobe et al.‚2000). The FFF presumes that rivalry in its economic form is not impeded by forces ‘external’ to the product marketplace. The model transports‚ perhaps inadvertently‚ a dominant assumption of Bain/Mason paradigm (Bain‚ 1968; Mason‚ 1939): legally enforced rules pertaining to Antitrust (e.g. price discrimination‚ collusion and unfair trade practices) and to intellectual property
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5 Forces Model 1. Threat of New Entrants.( LOW) a. The average person can’t come along and start up a bank‚ but there are services‚ such as internet bill payment‚ on which entrepreneurs can capitalize. Banks are fearful of being squeezed out of the payments business‚ because it is a good source of fee-based revenue. b. Another trend that poses a threat is companies offering other financial services. What would it take for an insurance company to start offering mortgage and loan services? Not
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OCTOBER 1992 ISSUE The Arrow of Disease When Columbus and his successors invaded the Americas‚ the most potent weapon they carried was their germs. But why didn’t deadly disease flow in the other direction‚ from the New World to the Old? By Jared Diamond|Thursday‚ October 01‚ 1992 The three people talking in the hospital room were already stressed out from having to cope with a mysterious illness‚ and it didn’t help at all that they were having trouble communicating. One of them was the patient‚
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prevailing therein. The most influential analytical model for assessing the nature of competition in an industry is Michael Porter’s Five Forces Model‚ which is described below: Michael Porter described a concept that has become known as the "five forces model" to help understand how competition affects your business. Porter’s 5 forces analysis is a framework for industry analysis and business strategy development developed by Michael E. Porter in 1979 of Harvard Business School. It uses concepts
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In which industry does P&G compete? Apply Porter’s Five Forces Model to the industry. Is this an attractive industry? P&G is one of the leading companies that are operating in the household consumer product industry. P&G’s threat of substitution is extremely high as there are many companies producing household consumer products‚ both national and international such as Clorox‚ Kimberly-Clark and Colgate-Palmolive CL. Also‚ P&G is also competing with retailers private label brands
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Diamonds: The Unexplored World Who discovered the Diamonds? Ever wondered about this wonder stone? Well as per oldest records‚ Alexander the Great is said to have discovered the diamonds for the first time in India and shipped these to Europe. These were also spotted by Alluvial gold miners in Brazil in 1725 and in 1859 in South Africa and in 1869 mining of the hard rock sources of diamonds started at Kimberley. Diamonds in Australia were recorded in the Bathurst area‚ New South Wales in 1851. We
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Human Geography Diamonds of War 1. According to the film‚ what percentage of all diamonds are considered illicit? a. The film says that 20% of all diamonds are considered illicit. They are diamonds that are smuggled out of countries. They are diamonds that have paid for wars‚ terrorists‚ weapons‚ or armies. They can also be diamonds that were used to launder money or hide illegal activity. 2. How many UN troops are currently stationed in Sierra Leone? Why is the number significant? a. There
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English Assessment Task 1 Lucy In The Sky With Diamonds Song – Imaginative Journey The Beatles - primarily John Lennon. The song “Lucy In The Sky With Diamonds”‚ performed by The Beatles‚ written in the year 1967‚ by John Lennon‚ takes the listener on a journey into the imagination. The most common interpretation of “Lucy In The Sky With Diamonds” is that the lyrics of the song follow the journey that one would embark on after taking the drug LSD which would project wild imaginings. Other
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Diamond Industry. De Beers. In the beginning of 1870s‚ the Afrikaner brothers‚ J. N. de Beer and D. A. de Beer discovered diamonds on their farm and unable to deal with the effort of protecting the farm from the diamond seekers‚ they sold the land to the diamond traders. Today‚ the name De Beers represents the world’s largest diamond company‚ which has a presence in 25 countries. The powerful and productive epoch of diamonds began with the establishment of this company. Who knows what role a
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BLOOD DIAMONDS Student: XXXX YYYY Subject: International Economics‚ Spring 2007 Table of context: 1. Introduction ..2 2. Brief description of diamonds 2 3. Trade ..4 a. Nature of Diamonds .4 b. Industry’s Lack of Transparency 5 4. Political-economical view on this issue ..7 5. Tariffs.( USA) .8 6. Conclusion and
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