1. What are IKEA’s firm-specific advantages? Country - specific advantages? IKEA’s firm and country specific advantages could be the following: IKEA sells the same furniture all over the world‚ so IKEA rips huge economies of scale from the size of its stores and the big production runs necessary to stock them. IKEA also offers a low competitive price because of the economies of scale (30% lower than competitors) Exclusive relationship between IKEA and its suppliers‚ offering modern and exclusive
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skills‚ entrepreneurship‚ basic health – and also about democracy? We are marginalising our people and keeping them dependent while we focus on those who have better education. And while we ignore the poorly educated‚ a seasoned adult-education NGO‚ Project Literacy‚ is retrenching skilled staff: as reported last month‚ this is because grants from the National Skills Fund have been suspended while government completes the formalities surrounding its new skills qualifcations. Adult basic education
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this report‚ I’m going to develop the competitive advantage of Brazil with Michael Porter’s theory. 1. Factor Conditions: Brazil has a great number of natural resources‚ especially at Amazon Planitia and the south of Brazil. There has fertile soil and enough facilities. In Brazil‚ labors don’t cost too much‚ it’s good for a country to prosper in its agriculture‚ industry and tertiary sector. The skills and average education level of people in Brazil is not so good but not so bad. There are many people
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“What kinds of explanations do scientists offer and how do those compare with those offered in other Areas of Knowledge? What are the differences between theories and myths‚ as forms of explanation?” The kinds of explanations offered by scientists compare and contrast to those offered by myths. But what are explanations? An explanation is a description‚ clarification‚ or justification of any claim or event. People tend to frequently look to scientists for these explanations‚ a scientist as in someone
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Tutorial 1 exercise questions Questions: 1. What is a firm specific advantage? An unique strength a firm has that distinguishes him from his rivals‚ and creates a competitive advantage. 2. What is Honda’s FSA? Honda has a very wide range of motorized machines‚ its assortment covers a large group of consumers. 3. What basic but important distinction does Verbeke make? Non-location-bound FSAs versus Location bound FSAs. 4. Why are some FSAs location bound? These FSAs are so unique and difficult
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What are the advantages and disadvantages of social media? Advantages are: You can deliver improved customer service and respond effectively to feedback customers you have connected with. You also have worldwide connectivity which helps one find romance‚ see-king a new job‚ or locating assistance. Real-time information sharing which mean you can exchange information in real-time via a chat. This is a good feature because teachers can use this to use to facilitate classroom discussions. The advantages
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Living in the United States has Advantages over living in my country America- A country of Immigrants. Many people from all over the world come to the United Stats to turn their Wheel of Fortune. Like all of them‚ I also came to the U.S‚ 6 months ago and I noticed that We can have access to Employment opportunities‚ which respect the worker’s rights. So in the U.S We can make more money than everywhere else in the world. Because of that our financial growth can increase very fast and We can
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Management information systems are distinct from regular information systems in that they are used to analyze other information systems applied in operational activities in the organization.[2] Academically‚ the term is commonly used to refer to the group of information management methods tied to the automation or support of human decision making‚ e.g. Decision Support Systems‚ Expert systems‚ and Executive information systems. Initially in businesses and other organizations‚ internal reporting was
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Why is Market Research Useful? The Importance of Market Research What Is Marketing? Marketing is a necessary activity that encompasses the entire business and is vitally important to sound business health. It is viewing the entire business from the customer’s viewpoint takes into account every aspect of the marketing mix from the product to price‚ distribution channels and marketing communications. All these factors affect the customer’s response to a product or service. Marketing Defined And
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Tammy Joiner CFS 157‚ 6:00 PM 2 May 2012 International Adoption Offers Advantages and Disadvantages In April of 2010‚ an American single mother‚ Torry Hansen‚ put her foreign-adopted seven-year-old son on a plane back to Moscow—alone. She cited psychological and behavior issues as the reason for such a drastic measure‚ “After giving my best to this child‚ I am sorry to say that for the safety of my family‚ friends‚ and myself‚ I no longer wish to parent this child‚” read the note accompanying
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