ACADEMIC PAPER The diamond approach to the competitiveness of Korea’s apparel industry Michael Porter and beyond Byoungho Jin Oklahoma State University‚ Oklahoma‚ USA‚ and Hwy-Chang Moon Seoul National University‚ Seoul‚ South Korea Abstract Purpose – The Korean textiles and apparel-related industry has played a major role in the country’s development; however‚ this sector’s competitiveness is decreasing due mainly to labor costs. As with the country’s economic development‚ the new sources
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Bucket elevators are designed to move flowing powders or bulk solids vertically. Bucket elevators use an endless belt or chain and have a series of buckets attached to it. Bulk material is spread into an inlet hopper. Buckets (or cups) dig into the material and convey it up and over the head sprocket/pulley‚ and then throw the material out a discharge throat. bucket elevator: http://www.lime-mill.com/bucket-elevator/ Bucket elevators are not self-feeding‚ and are fed at a controlled rate. The
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The description of bucket elevator: Bucket elevators are designed to move flowing powders or bulk solids vertically. Bucket elevators use an endless belt or chain and have a series of buckets attached to it. Bulk material is spread into an inlet hopper. Buckets (or cups) dig into the material and convey it up and over the head sprocket/pulley‚ and then throw the material out a discharge throat. Bucket elevator can be divided into belt type and chain type‚ and the common characteristic is used
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Porter’s Five Forces: Travel Agency : Industry Rivalry : Highly Fragmented Industry with Intense Rivalry Highly Fragmented Industry. Organized players would barely have 15-20% of the marketplace Most of organized players are present in metros & mini-metros Large disposable incomes in towns like Lucknow‚ Jaipur‚ Coimbatore etc. serviced by family run unorganized players Industry rivalry is intense but not cutthroat Rivalry Intense because of low switching costs‚ low levels of product differentiation
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Porter Analysis of the Zara Fashion Chain The Zara fashion chain‚ with 546 stores in 30 countries today ?from which 340 are outside Spain- and ?2914‚3 millions of total sales in 2002‚ is undoubtedly the group?s locomotive (Inditex‚ 2003). In 2002 it represented 33% of the group?s total stores‚ accounted for 72% of the group?s total sales and contributed to the holding?s total profits for ?540.4 millions (Inditex FY2002 Results Presentation‚ 2003). Moreover‚ Zara with 75-90 new stores within 2003
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The concept of the Elevator Pitch is borne from the idea that if you met an investor on an elevator and only had 30 seconds to pitch your business‚ what would it sound like? In fact 30 seconds is about as much attention as you are going to get from an investor to begin with‚ so thinking in that time frame makes a lot of sense. The formula for the perfect Elevator Pitch involves three ingredients - the Problem‚ the Solution‚ and the Market Size. The Problem Every great company starts by solving
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MGT136- Management Themes and Perspectives Strategy MGT136-1 Provide an analysis of an organisation explaining the relative importance of each of Porter’s Five Forces for the organisation’s strategic position. You should support your arguments with evidence from the company and/or the relevant literature. Zara has been the major pioneer of ‘disposable’ fashion; which makes up over 12% of the UK clothing industry. Zara outperforms its rivals in profitability‚ brand identity‚ and its successful
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11 March 2013 Elevator Norm Violation I recently performed an experiment on a norm violation which had to do with elevators‚ and proper behavior while inside of them. The over all plan of this experiment was to stand facing the corner of the elevator so that no one could see my face as I went up or down. People today usually stand facing the door while riding in an elevator‚ so it was interesting to see peoples reactions as I violated this everyday norm. My hypothesis was that I would not get
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Porter analysis of Zara Zara fashion chain‚ with 546 stores in 30 countries today from which 340 are outside Spain- and 2914‚3 millions of total sales in 2002‚ is undoubtedly the group’s locomotive (Inditex‚ 2003). In 2002 it represented 33% of the group’s total stores‚ accounted for 72% of the group’s total sales and contributed to the holding’s total profits for 540.4 millions (Inditex FY2002 Results Presentation‚ 2003). Moreover‚ Zara with 75-90 new stores within 2003 takes the lion’s share
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Elevator Pitch Good morning‚ We welcome you all to our presentation. I am ..... and this is ..... and we work at the Waterless washing machine company. We will give you a short presentation about our product the waterless washing machine. The presentation will take a few minutes of your time. First .... will tell something about the problem statement and the solution. After that I will tell something about the unique selling points. Then .... will tell something about the price and the expected
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