References: 1 Griffiths‚ S.B. (1963) Sun Tzu The Art of War‚ Oxford University Press‚ Oxford. 2 Porter‚ M.E. (1980) Competitive Strategy. Techniques for Analyzing Industries and Competitors‚ Free Press‚ New York‚ NY. 3 Oster‚ S.M. (1994) Modern Competitive Analysis‚ Oxford University Press‚ New York. 4 The Boston Consulting Group (2000) New Perspectives
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Y.M. Cheung 3 What is the Most Important Strategy Question? COMM 391 - W2013 Term 2 © 2013 – Kafui Monu‚ Y.M. Cheung 4 Porter’s Five Forces Model Learning Objective 1 • Describe Porter’s five forces model and Michael Porter identified the following pressures that can hurt potential sales: Knowledgeable customers can force down prices explain each of the five forces. COMM 391 - W2013 Term 2 © 2013 – Kafui Monu‚ Y.M. Cheung 5 Porter’s
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whereas good strategy is critical and well planned. A good strategy will suggest a hypothesis about how to increase your business in the most productive way. IKEA’s strategy is clear; ‘IKEA targets young furniture buyers who want style at low cost’ (Porter‚ 1996). 1.2 IKEA The parent company of the IKEA group is INGKA holding B.V. IKEA is a Swedish home furnishing company which is now the global leader (Euromonitor 2013); currently
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EHarvard Business School Management Consulting Club Case Interview Guide Harvard Business School Management Consulting Club Case Interview Guide Cases contributed by Management Consulting Club and consulting companies. Note: Case guide is strictly for the use of current HBS Management Consulting Club members. No part of this document may be reproduced or transmitted in any form or by any means—electronic‚ mechanical‚ photocopying‚ recording‚ or otherwise—without the permission of HBS
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[pic] TABLE OF CONTENT Page EXECUTIVE SUMMARY 3 I. BACKGROUND INFORMATION 1. OBJECTIVES OF STUDY 4 1.1 Goals and Objectives 5 1.2 About Rupini’s Beauty Consultant Pte Ltd 6 1.3 Rupini’s Corporate Mission 7 1.4 Rupini’s Organizational Structure & Business Strategy 7 II. ANALYSES 2. Analysis 10 2.1 Porter’s Five Forces Model 10 2.2 Porter’s Three Generic Strategies 12 2.3 Porter’s Value
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Success Factors in Micro and Small Enterprises Cluster Development: Case of Gullele Handloom Clusters in Ethiopia A Research Report Presented to the Graduate School of Business Leadership University of South Africa In partial fulfillment of the Requirements for the DEGREE OF MASTER IN BUSINESS LEADERSHIP By HK HAILU Student No. 71769064 Study Leader Professor Philip AE Serumaga-Zake Addis Ababa‚ Ethiopia December 20‚ 2010 i Abstract: Taking the Gullele
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J&R Electronics 1. Analyze J&R Electronics using competitive forces and value chain models. What is its business model and business strategy? How does it provide value? J&R’s used Loyalty Labs’ Blue Martini software‚ which is an example of Michael Porter’s approach which says that using the internet is an “enabling strategy” and as a “complement to and not a cannibal of traditional ways of competing”. J&R’s customers are unique in that they go directly their site instead of arriving through
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DIRECCIÓN ESTRATÉGICA: EJERCICIO TEMA 5 Y 6 1) CADENA DE VALOR DE PORTER: Dentro de la cadena de valor distinguimos entre actividades principales o primarias y actividades de apoyo. Entre las actividades primarias más relevantes para esta empresa podemos citar: • Producción (operaciones): “La compañía fabrica bajo pedido”; “el sistema productivo es altamente flexible‚ lo que le permite la adaptación del producto a las especificaciones de los clientes”; “Respecto a la producción‚
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Clusters and the new economics of competition Harvard Business Review; Boston; Nov/Dec 1998; Michael E. Porter; Volume: 76 Issue: 6 Start Page: 77-90 ISSN: 00178012 Abstract: Today’s economic map of the world is dominated by what are called clusters: critical masses - in one place - of unusual competitive success in particular fields. Clusters are not unique‚ however; they are highly typical - and therein lies a paradox: the enduring competitive advantages in a global economy
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we have to invest in that business with efficient capital. Successful businesses enable us to gain profit and expand our business to a larger size. Therefore‚ there are a few principles that we must comply. The most basic principle would be the Michael Porter’s five competitive forces. Firstly‚ the most major force will be the rivalry among competitors. We should carry out some basic surveys to identify the amount of company in the same industry. By gathering information and analyzing the data
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