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Porter's Five Forces
(1) Competitive Rivalry-number and strength of competitors. Who are they and how do they impact your business? You have no competitors, really? Are you sure?
(2) Supplier Power-how easy is it for suppliers to raise their prices? Do you have limited suppliers and limited resources? One example we used was plastic pellets, you need oil, and the number of suppliers is limited.
(3) Buyer Power-how easy is it for buyers to bring your prices down? Do they have many alternatives or choices to buy your type of product or an alternative?
(4) Threat of substitution. Can your product be replaced? We talked about Blockbuster Video, 5 billion dollar company gone. It was substituted by Redbox and Netflix
(5) Threat of new entry- companies ability to enter into your market. How easy is it, what type of barriers do they have to go through and what would your company have to do to enter a new market?
role of administrator has shifted from managing processes and strict implementation to facilitating results and guiding ethical and responsible decision making
Components of global operations and supply chain management. For this discussion, reflect on the information you learned
There is a current controversy in the National Football Leaque (NFL) as to whether players have the right to kneel during the playing of the National Anthem.
Each chocolate cake requires 20 minutes of baking time also uses 4 eggs. Each vanilla cake requires 40 minutes of baking time also uses 1 egg.
Systems are software packages that integrate organizational information systems and provide an infrastructure for managing information across the organization.
Which of the following substance/drug in your view has the most negative impact on the body, mind and society today? On what basis do you select this particular substance/ drug as public enemy number 1?
Ingrid has asked 110 of her closest friends to invest in her company, promising them protection from personal liability. Which form of ownership would you recommend Ingrid use? Limited liability company Professional corporation S Corporation Nonprofi..
An Electronic Health Record System needs to be developed for a clinic that treats patients suffering from cancer. This clinic happens to be in a rural setting where most of the patients do not have health insurance coverage and depend heavily on Medi..
How do violations of the law usually start to occur?
Could someone find me a feature article from a major business and marketing publication/journal which focuses on the use of technology in marketing and selling goods and services to customers. The concentration of this review has to be something on a..
A drive-in restaurant has experienced the following customer loads on the past 8 Friday nights. If their forecast for period 7 was 59 customers, then what is their forecast for the period number 9 using a smoothing constant of 0.7?
On a yearly basis, Fortune magazine does a survey of the best places to work. In 2013, Google was listed as #1 as the best company to work (Others in the top 5 included Boston Consulting Group, SAS Institute, Wegman's Food markets, and Edward Jones)...
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