HOW ATTRACTIVE IS THE INDUSTRY ? An attractive industry with a high average return on investment will be difficult to enter because entry barriers are high‚ suppliers and buyers have only modest bargaining power‚ substitute products or services are few‚ and the rivalry among competitors is stable. An unattractive industry like steel will have structural flaws‚ including a plethora of substitute materials‚ powerful and price-sensitive buyers‚ and excessive rivalry caused by high fixed costs and a
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Failure to develop effective work relationships can cause job dissatisfaction‚ low work performance‚ unnecessary conflicts‚ and potentially getting fired from one’s job. Thomas Green Case is a great example of how different work styles and office politics can result in a career crisis. After reviewing the following case study‚ I have concluded that both parties are responsible for the lack of synergy between the employee‚ Green‚ and upper-management‚ Davis. The underlying root cause of these
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Following a bench trial‚ Thomas Reese was convicted of conspiracy to possess cocaine with intent to distribute‚ in violation of 21 U.S.C. Sec. 846 (1982) (count 1); possession with intent to distribute and distribution of cocaine‚ in violation of 21 U.S.C. Sec. 841(a)(1) (1982) (counts 7‚ 9‚ 13 and 15); aiding and abetting violations of 21 U.S.C. Sec. 841(a)(1) (1982) (counts 5 and 11); unlawful possession of a firearm‚ in violation of 18 U.S.C. app. Sec. 1202(a)(1) (1982) (counts 23 and 24); and
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1. Drawing on the five forces model‚ explain why the pharmaceutical industry has historically been a very profitable? a. Rivalry among competing firms i. Patent protected medicine allows prating monopoly ii. In pharmaceutical industry they have several strong competition compete again few rather than more companies b. Threat of substitute product i. Very costly to introduce a new drugs ii. So many medicines protect by patent law‚ all competitors can make countertrend drugs who have almost
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The traditional chemical and process manufacturing (CPM) industry is at the cusp of a massive digital transformation. Companies and their industrial processes need to adapt to this rapid change if they are not to be left behind by developments in the industry and by their competitors. The focus during this transformation would be around Customer Engagement‚ Supplier Relationships and Business networks‚ Big Data Analytics‚ Cloud‚ Mobility‚ Internet of Things‚ etc. Customer centricity and engagement
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main concern of the present day Defence industries is to produce high grade quality products corresponding to world class standards. They are dependent on many small industries .So the high standards can be achieved by providing services by MSME which are ecologically superior and economically viable. The efforts must be made to enhance the efficiency‚ minimizing waste and optimum use of resources. This paper presents an approach for the small defence industries to produce zero defect products i.e.
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“Directly across the table‚ the ugly girl’s eyes were fixed on Mrs. Turpin as if she had some very special reason for disliking her” (O’Connor 455). Flannery O’Connor’s short story “Revelation” presents a self-absorbed woman’s view of the world around her with her own strategies of determining social categories with the aid of a grand deception. Mrs. Turpin and her husband‚ Claud visit the waiting room of a doctor’s office in hopes of treating Claud’s leg‚ in which this is the majority of the setting
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Bibliography: Chatman‚ J. A.‚ & Cha‚ S. E. (2003). Leading by Leveraging Culture. California Management Review‚ 23. Roosevelt‚ T. R. (1976). Webster Industries (A). Harvard Business School‚ 3.
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What is Industry 4.0? The soul of vision Industry 4.0 ‘ internet of things ‘ means the universal connection of things‚ people and machines. The intent of this connection is to produce variety of new products and services in a more efficient manner and on a large scale. This idea was first conceptualised by the German government. The basic idea behind this is to create smart factories in which the products‚ transport modes and the machines communicate with each other to create a virtual market place
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for the industry going forward? 1.Though the average level of profitability in the pharmaceutical industry has been declining over time (In 2002‚ the average ROIC in the industry was 21.6%; by 2006‚ it had fallen to 14.5%)‚ historically‚ the pharmaceutical industry has been a profitable one. Because- Name of industry | Average ROIC(Between 2002 and 2006) | Pharmaceuticals | 16.45%(large) | computer hardware | 12.76% | Electronics | 3.88% | 2. The prospect for the industry for going
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