Case: Porter Airlines Group: Issues: The issues facing Porter Airlines are whether or not the existing business model will remain valid during ongoing operations. The company needs to plan their expansion strategy and decide on how aggressively it can enter competitive markets. Analysis: Porter Airlines competitive position lies in its dominant position at YTZ as it is close to downtown Toronto‚ and is very attractive and attracts a higher yields ($/RPM – revenue per passenger mile).
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Michel Foucault ’s Archaeology of Knowledge While Michel Foucault ’s work has always been about the nature of power in society‚ his more particular concern has been with power ’s relationship to the discursive formations in society that make knowledge possible. Power here is not the conventional power of institutions and leaders‚ but the "capillary" modes of power that controls individuals and their knowledge‚ the mechanisms by which power "reaches into the very grain of individuals‚ touches
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in developing a competitive strategy. The concept was first introduced by Michael Porter in his 1985 book “Competitive Advantage.” A value chain is a set of activities that an organization carries out to create value for its customers. Porter proposed a general-purpose value chain in which he felt it was important for companies to examine all of their activities and see how they’re connected. According to Porter‚ going through the chain of organization activities will add more value to the product
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I. Operational Effectiveness Is Not Strategy According to Porter‚ various management tools like total quality management‚ benchmarking‚ time-based competition‚ outsourcing‚ partnering‚ reengineering‚ that are used today‚ do enhance and dramatically improve the operational effectiveness of a company but fail to provide the company with sustainable profitability. Thus‚ the root cause of the problem seems to be failure of management to distinguish between operational effectiveness and strategy: Management
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Scribd Upload a Document Search Books‚ Presentations‚ Business‚ Academics... Explore Tri_11x6 Documents * Books - Fiction * Books - Non-fiction * Health & Medicine * Brochures/Catalogs * Government Docs * How-To Guides/Manuals * Magazines/Newspapers * Recipes/Menus * School Work * + all categories * * Featured * Recent People * Authors * Students * Researchers * Publishers * Government & Nonprofits
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Written work Guylain MARINO (32657) I) Pernod Ricard’s axis of development II) The firm’s strategy III) Implementation of the strategy IV) Management of the Chinese subsidiary V) Results and perspectives (SWOT Analysis) Introduction Created in 1975 through the merger of Ricard and Pernod‚ this French spirits giant is specialised in making and distributing wine and distilled beverages. This is the second group worldwide in this division‚ just behind Diageo and before
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support for much of the discipline that was apparent during that time. He also explains how he feels a person should be disciplined and he looks at it from many different angles. I think this is how he describes a disciplinary action and is a key model for all to follow. In disciplining that way it would make the individual a better person‚ "exercising power without division" is an example. Foucault’s essay is very interesting because I can relate it to our society now and how much control our
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PORTERS 5 FORCES. DEFINITION OF ’PORTER’S 5 FORCES’ Named after Michael E. Porter‚ this model identifies and analyzes 5 competitive forces that shape every industry‚ and helps determine an industry’s weaknesses and strengths. 1. Competition in the industry 2. Potential of new entrants into industry 3. Power of suppliers 4. Power of customers 5. Threat of substitute products The Porter’s Five Forces tool is a simple but powerful tool for understanding where power lies in a business situation. This
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In World War II‚ the Axis countries wanted to expand their territories‚ which brought them into conflict with the Allies. The Axis countries were Germany‚ Italy and Japan‚ and the Allies were the United States‚ Great Britain‚ China‚ and the Soviet Union. All of the Axis powers followed a policy of aggressive territorial expansion in the 1930’s. They invaded weak lands that could be taken over easily. They knew exactly what they wanted‚ and they took it. Benito Mussolini promised to bring order and
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application of RAROC model in bank system literature 1.introduce The loan pricing based on RAROC is a comprehensive risk pricing method. RAROC takes safety and profit as the goal of the banking business‚ matching the price and dynamic risk of the loans‚ reflecting different treatment between the difference of risk degree of loans. This is conducive to the optimization and the rationalization to risk of bank loans. This paper focused on the improvements of RAROC Pricing and its application
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