THE DYNAMIC DIAMOND INDUSTRY: IS IT FEASIBLE FOR ITS PLAYERS TO GAIN SUSTAINABLE COMPETITIVE ADVANTAGE? Nkiruka Chidia Maduekwe ABSTRACT: This report seeks to analyse the diamond industry from a global point of view. The diamond industry is global in nature. Its supply chain pipeline moves from one country to the other‚ thus making it impossible to analyse the industry from a regional or local angle‚ as so doing will fail to give the true picture. As an industry whose product derives its value
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Advantages and Disadvantages of Collaborations Katrina Artis‚ Douglas Dixon‚ Elonto Hernandez University Of Phoenix IT ORGANIZATIONAL BEHAVIOR CMGT/530 Shelley Pumphrey January 25‚ 2010 Advantages and Disadvantages of Collaborations Collaboration happens when two or more people join forces and work together to achieve a goal. People offer their knowledge‚ abilities‚ and skills to help each other. Teams are an excellent example of collaboration. Working in teams has become a trend in
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Facebook‚ Twitter‚ Youtube dan LinkedIn. These social networking websites create an online community of Internet users‚ each offering different advantages of social networking to its many members. There are three common advantages of social networking and there are communication‚ up-to-date information and business opportunities. The first advantages of social networking site is that the people can communicate regardless of distance from each other at very low cost. Relationships among family
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1. What are IKEA’s firm-specific advantages? Country - specific advantages? IKEA’s firm and country specific advantages could be the following: IKEA sells the same furniture all over the world‚ so IKEA rips huge economies of scale from the size of its stores and the big production runs necessary to stock them. IKEA also offers a low competitive price because of the economies of scale (30% lower than competitors) Exclusive relationship between IKEA and its suppliers‚ offering modern and exclusive
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This phrase is the product of the continual evolution of the English language that was affected by the specific culture at a certain time. A direct translation of this sentence into Chinese‚ for example‚ would not have the same meaning; in fact‚ it would not make sense at all. While the argument from both sides are equally compelling‚ it is clear‚ that despite the numerous advantages of students using their L1 in English-language learning‚ they do not outweigh the disadvantages. Is it possible
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home. Leisure time of family members does not become burden. They can si at a place and spend time watching any movies they like. Computer puts a stop to writing letter‚ posting it and waiting for the reply. Needless to say computer has numerous advantages. Nonetheless it has disadvantages too use of computer results into unemployment as computer can perform the duty that might need nearly six to seven workers. Unemployment is likely to result into crimes. Continuous work with computer causes loss
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As many of you may know for a brief time in the 1920’s alcohol was banned. The banning of alcohol is known as prohibition. “The Prohibition Era”‚ as we refer to it today‚ was brought upon the society of the 1920’s for a few reasons; many people were against the use of alcohol and suggested it was the drink of the devil and congress took a strong moral stance against alcohol use as well. The 18th Amendment established prohibition in the United States of America. The Volstead Act was also approved
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it positively leads to change in economic development‚ but culture diversity is shrinking in the situation and highly political areas. By comparing the parallel of peculiarity and contemporary deconstruction in the Han culture and the Mongolian culture this study will elucidate cultural diversity contributes to the design atmosphere‚ adding a unique appreciation of diversity. To demonstrating how the Han culture and the Mongolian culture occupy a unique place and how both are shrinking in the past
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Organizational Culture and Its Positive Effects Student Name: Dung Dang‚ Dung Nguyen‚ Phuong Tran‚ Sinh Nguyen‚ Vinh Phan Course/Number Date: November 06th‚ 2012 Instructor Name: Prof. Douglas Foster Organizational Culture and Its Positive Effects Nowadays‚ organizational culture term is more and more familiar and becoming one of relevant topics in business area. It involves a set of values‚ norms‚ relationship‚ behaviors‚ and attitude towards an
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Ethanoic Acid Advantages: Ethanoic acid is non-toxic and is a weak acid‚ meaning it will not do any damage to most surfaces as it does not corrode or bind to other metals‚ therefore can be easily removed through washing or rinsing it. Disadvantages: Ethanoic Acid is the slowest de-scaler of the three acids‚ and is therefore the least effective. It also may cause an unpleasant smell‚ and can have a negative effect on the taste of coffee meaning one would need to spend longer time rinsing and cleaning
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