programming‚ to advertising‚ to broadcast laws‚ etc. Beginning when the first radio station‚ KDKA‚ signed on in 1920 ‚ it was quickly being picked up as a new emerging form of mass media. By the mid-20’s radios themselves were better and easier to use‚ and by 1930‚ were being purchased by the millions. Radio not only survived but thrived through the great depression. This would only be the beginning of its journey of change. Radio‚ like many other mass media‚ has continued to evolve to meet the constantly
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1. Threat of New Entrants - The easier it is for new companies to enter the industry‚ the more cutthroat 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 • High costs of switching companies • Government restrictions or legislation Power of Suppliers
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Pandora Radio: Fire Unprofitable Customers? By Chih-Hsin Chen and Pinar S. Ozer 11.10.11 Management Information Systems -INFO 503 Prof. Ross Malaga Fall 2011 Online Radio History Before 2000 The beginning of online radio could trace back to the 1990s. Arround year 1996‚ Nullsoft and Microsoft released streaming audio players as free downloads. Internet radio attracted significant media and investor attention in the late 1990s and the early 2000s. Pandora Radio Started
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Assignment of Evolution Mass Media SUBMITTED BY: MUHAMMAD AZEEM KHAN SUBMITTED TO SIR:ATIF SHEHZAD DEPARTMENT OF MEDIA&MASS COMMUNICATION REG#639-FSS/BSMC/S14 FACULTY OF SOCIAL SCIENCES RADIO PAKISTAN IN THE LIGHT OF HISTORY March 1926 The Indian Broadcasting Company (IBC)‚ a private Company‚ was formed 23rd July‚ 1927 IBC started a station at Bombay‚ thus beginning organized broadcasting in Indo-Pakistan‚ sub-continent 1928 A small transmitting station was set up at Lahore April 1930
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Case: Porter Airlines Group: Issues: The issues facing Porter Airlines are whether or not the existing business model will remain valid during ongoing operations. The company needs to plan their expansion strategy and decide on how aggressively it can enter competitive markets. Analysis: Porter Airlines competitive position lies in its dominant position at YTZ as it is close to downtown Toronto‚ and is very attractive and attracts a higher yields ($/RPM – revenue per passenger mile).
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BARGAINING POWER OF SUPPLIERS The main items that Wal-Mart procures to pursue its operations can be classified into 3 main categories of merchandise‚ labor‚ and stores. Given the size of Wal-Mart’s operations and its focus on continuous cost improvement‚ none of these suppliers have significant bargaining power on Wal-Mart. When analyzed in detail: * Merchandises * As the biggest retailer in U.S. with up to 30% market share in some categories‚ Wal-Mart is the single biggest buyer for most
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Porter’s Five Forces The Threat of New Entrants (Low) There is a great amount of economies of learning and scale in the oil industry for Example BP has been searching for oil since 1901. They invest a huge amount in up-to-date technologies making it difficult for new entrants to compete. His obviously requires huge capital investments in R&D as well as start-up cost‚ for example a truck just to carry the oil costs over $1‚000‚000. There is a lot of regulation in the industry especially with
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in developing a competitive strategy. The concept was first introduced by Michael Porter in his 1985 book “Competitive Advantage.” A value chain is a set of activities that an organization carries out to create value for its customers. Porter proposed a general-purpose value chain in which he felt it was important for companies to examine all of their activities and see how they’re connected. According to Porter‚ going through the chain of organization activities will add more value to the product
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An Industry White Paper: HD Radio By Renee Cassis‚ VP‚ RAB Corporate Marketing Radio For the 21st Century HD Radio™ is a new technology that enables AM and FM Radio stations to broadcast their programs digitally‚ a tremendous technological leap from today’s familiar analog broadcasts. These digital broadcasts provide listeners with radically improved audio quality and reception and new data services. Signal fading‚ static‚ hisses‚ and pops are a thing of the past. Data services such as displayed
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I. Operational Effectiveness Is Not Strategy According to Porter‚ various management tools like total quality management‚ benchmarking‚ time-based competition‚ outsourcing‚ partnering‚ reengineering‚ that are used today‚ do enhance and dramatically improve the operational effectiveness of a company but fail to provide the company with sustainable profitability. Thus‚ the root cause of the problem seems to be failure of management to distinguish between operational effectiveness and strategy: Management
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