Sonia’s smoothies 1) Nick calculated that of 200 customers who completed the questionnaire at the rock festival‚ the mean age was 23. The age distribution conformed to a curve of normal distribution with a standard deviation of 5. Calculate the number of customers aged 33 and over who featured in Sonia’s survey (33-23)÷5 = 2 2% of 200= 4 Answer= 4 2) With reference to the report on the UK smoothie market (appendix 2) analyse two limitations of using secondary sources as the
Premium Decision making Decision theory Decision engineering
1. Appears as grape-like clusters when viewed through a microscope‚ and has large‚ round‚ golden-yellow colonies‚ often with hemolysis‚ when grown on blood agar plates. 2. Microorganisms that are used to assess the microbial quality of swimming pool and similar environments include heterotrophic plate count – HPC (a general measure of non-specific microbial levels)‚ faecal indicators (such as thermotolerant coliforms‚ E. coli)‚ Pseudomonas aeruginosa‚ Staphylococcus aureus and Legionella spp. HPC
Premium Bacteria Staphylococcus aureus
| 3.0 | Barriers to Entry | 5 | | | | 4.0 | Supplier Power | 6 | | | | 5.0 | Buyer Power | 7 | | | | 6.0 | Substitutes | 9 | | | | 7.0 | Conclusion | 10 | | | | 8.0 | List of References | 11 | | | | 9.0 | Appendices (A to W) | 16 | | | | 1.0 Market Assessment The plastic pipe manufacturing industry makes up approximately 7% in the entire plastic market in Malaysia (See Appendix A). They are a new technology which has grown over the years as increased
Premium Selangor Plastic Vermiform appendix
PORTERS FIVE FORCES Threat of new entrants: Since nokia was a profitable market. It becomes bait and other companies would like to join. Unless the new entry firms can be blocked‚ the revenue or profit will reduce. However in other to be able to compete with established firms‚ new entrants will need to invest highly in technology and marketing. Hence the threat of new entrants is very low. Power of suppliers: Nokia has a number of suppliers who provide them with equipment’s. Hence nokia could
Premium Mobile phone Smartphone Nokia
the case study as a starting point and source relevant company information from their web site and other suitable sources. Style: report Word limit: 2500 words Deadline: 19 August 2013 Approximate weighting of marks and suggested structure: Section 1: Critique and evaluation of Porter’s Generic Strategies = 20% [This requires description of model‚ discussion and application as well as advantages and disadvantages.] Section 2: Application of model and critical analysis of IKEA’s competitive strategy
Premium Citation Strategic management Critical thinking
Industry Definition: The industry analyzed is specialty coffee retailing in North America. Threat of New Entrants: 1. Economies of Scale are low. The price of opening a new store does not gain substantial economies of scale when a firm already has many stores. Variable prices such as Aribica beans‚ cups‚ whipped cream‚ etc. will benefit from some economy of scale‚ but not enough to deter new entrants. 2. Capital Requirements are low. Property and inventory costs are not substantial enough to deter
Premium Retailing Coffee Substitute good
Part I: Kitchener (1984) identified five moral principles that are viewed as the cornerstone of our ethical guidelines. The five principles‚ autonomy‚ justice‚ beneficence‚ nonmaleficence‚ and fidelity. 1. Autonomy is the principle that addresses the concept of independence. The essence of this principle is allowing an individual the freedom of choice and action. It addresses the responsibility of the counselor to encourage clients‚ when appropriate‚ to make their own decisions and to act on
Premium Health Insurance Portability and Accountability Act Ethics Nursing
5. The success of Outback is the result of their "Principles and Beliefs." They believe that if they take care of their peopleOutbackers‚ customers‚ suppliers‚ neighbors and partnersthen the institution of Outback will take care of itself. The following is a section of their "Principles and Beliefs" section‚ which defines Outback’s commitment to their Outbackers: " We keep our commitments to Outbackers‚ guided by our five principles. Our purpose is to prepare Outbackers to exercise good judgment
Premium Management Sociology Natural environment
Michael Porter’s Factor 1) Threat of New Entrants - The easier it is for new companies to enter the industry‚ the more cut-throat competition there will be. Factors that can limit the threat of new entrants are known as barriers to entry. Some examples include: Existing loyalty to major brands Incentives for using a particular buyer (such as frequent shopper programs) High fixed costs Scarcity of resources Government restrictions or legislation Entry protection (patents‚ rights‚ etc.)
Premium Costs Competition Barriers to entry
airlines need very large aircraft so each sale is important‚ especially in a downturn. Capacity is augmented in large increments which give increased incentive to win plane orders. Because of high switching costs for buyers‚ there is increased incentive to be the preferred supplier. Entry – Low threat to long run profits The high fixed costs (FC) and a long development period (5 yrs) create large barriers to entry. The FCs provide an incentive to sell at nearly any price with a positive contribution
Premium Barriers to entry Business cycle Airline