CHANCEFACTORCONDITIONSFIRMSTRATEGY,STRUCTUREAND RIVALRYRELATED ANDSUPPORTINGINDUSTRIESDEMANDCONDITIONS1) Demand Conditions2) Related and Supporting IndustriesGOVERNMENTBase on case study International Business related to Article Michael Porter's Diamond ofNational Advantage analyse the Singapore company competitiveness or competitiveadvantage by applying Porter's Diamond of National Advantage and provide with graph andchart

According to Porter's Diamond of National Advantage model, four interrelated and mutually…

Answered: CHANCE FACTOR CONDITIONS FIRM STRATEGY,…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Consider the Scenario below: A national property/casualty insurer distributes its personal and small commercial productsthrough independent agents. A study was conducted as a part of reevaluation of its strategies,designed to determine:• Whether its market share might be increased by direct marketing to some households.• Whether doing so would conflict with agent activities.• Marketing themes and product features that could be used to differentiate it indifferent market segments.• The potential profitability of different segments.Attitudinal, behavioral, and demographic data were gathered using a mail panel survey of2000 U.S. households that own auto insurance. Geodemographic and credit informationsupplemented the survey responses.Segments Identified: The study identified five segments, each making up 17% to 22% of themarket.• "Non-Traditionals" were most interested in using the Internet and/or buying insuranceat work.• Direct Buyers were more interested than others were in buying via…
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Conduct a SWOT analysis of General Electric: Internal Environment 1) Finance 2) Employees 3) Market Share 4) Product Line and Mix 5) Intellectual Property 6) Locations/distribution 7) Brand 8) Corporate Culture 9) Any other organizational resources External Environment (1) Competitor Analysis (list all major and conduct analysis of one major competitor)(2) Technological (3) Political(4) Legal(5) Economical(6) Social / Cultural Notes: Think critically; provide the reason / why the strength, weakness, opportunity and threat is relevant. Provide 10 total Strengths and Weaknesses with at least 4 Strengths, 4 Weaknesses and provide 8 Opportunities and Threats with at least 3 Opportunities (one must be the product), 3 Threats (one must be competition). Note one opportunity should highlight your product; one threat should address a competitor. Please provide references.

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