future. Lastly‚ the threat of substitutes was low but growing. Consumers were becoming reliant on PC’s as they became commodities but new technologies such as laptops‚ PDA’s‚ and smartphones among others were slowly emerging. Business Model Although Dell sold to a diverse range of customer segments‚ they generally targeted the
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Comparison and Contrast of Andy Grove and Michael Dell Contributions to the Field Andy Grove and Michael Dell made major contribution to the field of technology. Not speaking to product contributions‚ but the effective management tools‚ leadership‚ poise and strategic thinking are perhaps their most impressive contributions to the field. Andy Grove brought definition to the words “crises management‚” and has forever changed
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The DNA of an Entrepreneur Is there an Entrepreneur Gene or an Entrepreneur Chromosome within the DNA of an Entrepreneur? In humans‚ there are chromosomes that determine sex and there are genes that determine the color of your eyes. Generically speaking‚ there are X & Y chromosomes that determine whether you are either male or female suggesting that you either are a female or are not a female. With genes‚ there are dominant genes and recessive genes‚ suggesting that while you
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Dell case According to the 10-K filed on 30/13/2012 on Dell’s website‚ the following data has been appeared on the fiscal 2012 financial statement. Sales: 62‚071 Total Assets: 44‚533 Net income: 3‚492 Cash flows from operating activities: 5‚527 Number of employee: 2012 109‚400(106700 regular employee and 2‚700 temporary employee) 2011 103‚300(100‚300 regular employee and 3‚000 temporary employee) 39‚900 located in USA and 66‚800 in other countries Dell’s products Dell’s products
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Matching DELL History: IBM Market Leader in Mainframe –market share 61%‚ starts PC business in ’81‚ in 2 yrs market share is 42% IBM Strategy : • Purchase PC components as against manufacturing inhouse (Main frame) • Open Architecture : OS – Microsoft‚ Microprocessor – Intel ‚ reason‚ to encourage application developers and enhance Peripheral market • Sales : o Largely corporate clients - thought its huge sales force o Retail clients through value added resellers –
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reasons for entrepreneurs starting their own business. Explain each of them. (6 marks) The three primary reasons for entrepreneurs starting their own business are they desire to be their own boss. Besides‚ they also desire to pursue their own ideas‚ and realize financial rewards. The first of these reasons is entrepreneurs desire to be one’s own boss. This is given most commonly. This doesn’t mean‚ however‚ that entrepreneurs are difficult
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Dell was the first mover with its business-to-customer model and internet sales and services since Dell reinvented the value chain for PC industry. Although China would become the second largest PC market after US‚ Dell’s decision of positioning in this market was very crucial. Direct selling of business-to-customer model through the Internet! Does this create competitive advantage in China like it did in USA and Europe? If not what should Dell do to expand Chinese operations? If so what should Dell
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General Environment Technological Segment- Dell is in the business of providing technology. Because of this it must stay up to date with the current technology available to its consumers. It attempts to do this by keeping strategic partnerships with its suppliers to have current technology and to manage their bargaining power. 3. Global segment- One of Dell ’s focuses is the emerging markets‚ namely Brazil‚ Russia‚ India‚ and China (BRIC countries). They have introduced a new line of
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The background and history of Dell began in 1984 with Michael Dell as the founder which has been known as the most innovative entrepreneur for marketing computers. Dell began his adventure with computers in 1983 by selling PC components out of his college dorm room at the University of Texas. He bought RAM chips and disk drives for IBM PCs at cost from dealers and resold them in newspaper and magazine ads for 10-15 percent below regular cost. One year later he was already running sales of $ 80‚000
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Dell Case Questions: 4. What steps do you recommend for the firm for 1997? With the last couple years Dell has been growing exponentially and is expecting to continuously grow. Taking a larger market share in the computer industry and being involved in the technological field‚ the first couple steps for Dell in 1997 are to invest in Research and Development. With such success‚ current competitors and new ones are going to see just how enticing the market is so Dell will need to constantly invest
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