decision maker has to ask: How easy can our product or service be substituted? The following needs to be analyzed: * How much does it cost the customer to switch to competing products or services? * How likely are customers to switch? * What is the price-performance trade-off of substitutes? If a product can be easily substituted‚ then it is a threat to the company because it can compete with price only 2. Threat of Substitutes - Rather than looking at the threat of someone buying
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What factors must be considered when making moral decisions? There are a variety of factors‚ which need to be considered when making moral decisions. Everyday we have to make decisions‚ some are hard and some are easy. When we are talking about moral decisions we are talking about what actions are right and what are wrong. Morality is about actions and the consequences made by actions‚ motives and our human nature. There are different ways in looking at making moral decisions‚ 2 main ethical
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There are many different concepts of science and what may be a science. It is defined as the intellectual and practical activity encompassing the systematic study of the structure and behavior of the physical and natural world through observation and experiment. In science‚ scientific methods are used to make sure an accurate‚ reliable and consistent data are constructed by scientists collectively and over time. It has aims for prediction‚ understanding‚ and control which must be followed through
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Should Dancing be considered a Sport? What is the true definition of Sport and Dance? Sport is the activity of which a person or team competes against each other and involves the physical effort of skill to master. Dance is the series of movement that matches the speed and rhythm of a piece of music. Also‚ injures that dance and sports share. Therefore‚ Dancing should be considered a sport because it has the qualifying requirements of a sport. In the first place‚ the requirements of skill and competition
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be that of discussing the question of‚ ‘is representative government democratic?’ This essay will take the following structure in order to provide an attempt at exploring why a representative government can be considered democratic. Firstly‚ the concept of democracy will be defined and discussed. Secondly‚ it will discuss representation in terms of its emergence as well as its necessity. Thirdly‚ a discussion will be given regarding that of representative democracy. Fourth‚ a brief explanation will
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Should Addiction Be Considered A Disease? XBCOM275 March 31‚ 2013 Should Addiction Be Considered A Disease? In society‚ drugs have been the downfall for many people. There are many reasons that a person may use drugs such as: peer pressure‚ relief of stress‚ increased energy‚ to relax‚ to relieve pain‚ to escape reality‚ to feel more self esteem‚ and for recreation ("Drug addiction and drug abuse‚" 2011). What is it that causes the obsession and compulsion to use drugs? Why can
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Minnesota to obtain my bachelors in aerospace engineering. I have being through a lot of difficulties in life but the one that helped change my life was the fear of getting whooped by either of my parents. I was only six years old when Michael my best friend and I were playing with my favorite to which was a flying helicopter‚ not too long the toy broke and I was left with two choices either to get it fixed or get whooped‚ in a confused state of mind started to and my heart rate
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The methods of recruitment open to business are often categorized into the internal and external ways. Internal recruitment is when the business looks to fill the vacancy from within its existing workforce. In fact‚ it is the cheaper and quicker way‚ the applicants also familiar with the business and how to operate the business instantly. But it is limits the number of potential applicants‚ and the new ideas from the outside the current business as well. Of course‚ for the internal‚ it is obviously
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PHARMACEUTIC ALS INDUSTRY ANALYSIS GROUP MEMBERS: MANVI KARTHIKEYA VAMSI VINOD INDUSTRY ANALYSIS The Indian Pharmaceutical industry today is in the front rank of India’s science based industries with wide range capabilities in the complex field of drugs and technology. MARKET SIZE It ranks 4th in the world pertaining to the Volume of sales. Estimated worth of Indian Pharmaceuticals Industry is US$ 6 billion Almost 70% of domestic demand for bulk drugs is catered by Indian Pharma Industry
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Should Viruses Be Considered “The Walking Dead”? Viruses are often misunderstood because they are so similar to bacteria‚ yet they aren’t living. This seems impossible. How can something so sinister not be a living thing? Think about the damage viruses do. How they multiply and invade and make us so miserable. Yet viruses should not be considered living because they do not possess the three most important characteristics of life: reproduction‚ homeostasis‚ and metabolism. Viruses cannot multiply
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