determine the attractiveness of the market.There are many features of an industry in which a company competes that determines the level of competition it will face and the profits it will get. The most famous classification was done by Michael Porter‚ known as Porters Five Forces framework which can help a company determine its potential profits by looking at five sources of competitive pressure. The five sources of competition are: 1. Threat of new entrant 2. Threat of substitutes 3. Rivalry among existing
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Case study of automotive industries in Thailand Contribution of MNC’s in automotive industry: Most of the developing countries consider that the automotive industry will move the country toward an intensive industrialisation by creating a large set of related businesses. Thailand aims to be regarded as the Detroit of Asia. The country has engaged in the last few decades in the development of the automotive industry‚ with a special focus on domestic auto-assembly. Thailand is the world’s
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GLASS INDUSTRY IN TURKEY When glass industry in Turkey is analyzed‚ it is observed that there are middle and small sized firms‚ work places at workshop levels in very limited numbers and a dominant producer‚ Türkiye Şişe ve Cam Fabrikaları Topluluğu. More than 90% of the annual production of market is met by ŞİŞECAM. Although there are no law and arbitration barriers to enter to the glass market‚ firms hesitate to enter since glass industry requires continuous production with high capacity and
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Market Place - Building Brand Equity Workshop with client Managers Phase I Developing the Marketing Strategy Sales Promotion Effectiveness Opportunity to Improve Reach Phase II Implementation across 5 Pilot Locations Channel Management Analysis Phase III
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1 INDUSTRY PROFILE 2.1 FINANCIAL MARKETS A financial market is a market in which people and entities can trade financial securities‚ commodities‚ and other fungible items of value at low transaction costs and at prices that reflect supply and demand. Securities include stocks and bonds‚ and commodities include precious metals or agricultural goods. Types of financial markets * Capital markets which consist of: * Stock markets‚ which provide financing through the issuance
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Michael porter’s five forces analysis is a frame work for industry analysis and business strategy development formed by Michael E Porter of Harvard business school in 1979.Five Forces model of Michael Porter is a very elaborate concept for evaluating company’s competitive position. Three of porters five forces refer to competition from external sources and the remainder are internal threats .porters referred to this forces are micro environment to contrast it with more general term macro
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Analysis of Macro-Strategy Dynamics: Automotive Industry 1.1 1.2 Background and scope India is one of the largest markets and one of the fastest growing markets in the world for an automotive industry. By 2015 the annual vehicle sales are projected to increase by 4 million units per year. In the year 2010 India was crowned as the second fastest growing automobile market in the world after china‚ and is a home to 40 million cars in which 37 million are produced in the country. India
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Best of Istanbul‚ Turkey in 5 Days The Italian novelist Edmondo De Amicis said‚ “Istanbul‚ a universal beauty where poet and archeologist‚ diplomat and merchant‚ princess and sailor‚ northerner and westerner screams with same admiration. The whole world thinks that this city is the most beautiful place on earth." The city is so captivating but some are put off by recent terrorism attacks and conflict and the impression that the city is not safe for travelers. But it isn’t. Our 5-day suggested itinerary
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automobiles‚ aircraft‚ and computers) play pivotal roles in managing production networks‚ usually in developed countries. Global Commodity Chains overlooks important concepts known as demand substitution and supply interaction‚ which occur in the motoring sector when lower income consumers rather purchase more affordable second hand automobiles from car dealerships than new automobiles from manufacturers e.g. when second-hand cars dilute the automobile market. Competition is thereby oversimplified by Gereffi’s
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economy is a complex mix of modern industry and commerce along with a traditional agriculture sector that still accounts for about 30% of employment. It has a strong and rapidly growing private sector‚ and while the state remains a major participant in basic industry‚ banking‚ transport‚ and communication‚ this role has been diminishing as Turkey’s privatization program continues. The largest industrial sector is textiles and clothing‚ which accounts for one-third of industrial employment; it faces
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