In Michael Porter's Diaond Model of National Advantage, this attribute studies how companies innovate, what strategies they follow and their vision. * a. Firm Strategy, Structure, and Rivalry B. Demand Conditions C. Related and Supporting Industries D. Factor Conditions
Q: Case 2: You work for Red Company. You and a colleague, Basim, are asked by your manager to attend a ...
A: Since you have asked multiple question we will solve the first question for you. If you want any spe...
Q: 1. The CEO of a large company selling seeds and garden supplies to consumers and businesses through ...
A:
Q: It refers to any person who takes more active part in the process of exchange Question 2 options: ...
A: One person who takes the more active part in the process of exchange is the marketer. Generally it i...
Q: What is a 'subculture' in consumer behaviour ?
A:
Q: Give street food company name your own.
A: An entrepreneur is an individual who brainstorms a business idea based on creativity and innovation ...
Q: Identify the positive factors that affect both profitability and turbulence of the Malaysian food re...
A: The profitability and turbulence in the Malaysian food retailing business industry due to the Covid ...
Q: There are a lot of different understandings what defines "Quality". Please discuss the two different...
A: What are the advantages of quality for both the customer and the producer? The customer benefits sin...
Q: List 5 objectives for a Diaper business based on SMART Objectives (Specific Measurable Attainable Re...
A: SMART - It is a unique marketing approach that assists in determining apt goals and implementing bus...
Q: The main purpose of intellectual property law is to encourage the creation of a wide variety of inte...
A: The procedures for acquiring and protecting legal rights to innovations, designs, and artistic creat...
Q: The Impact of Covid 19 on Corporate Social Responsibility
A: Given: Topic: The Impact of Covid 19 on Corporate Social Responsibility Definition: Corporate Social...
Q: Morocco Hotel Group where happy memories are made Mr. James Restovino Crystal Cleaning Inc. 433 West...
A: * Before understanding the purpose of given business letter we will first try to briefly understand ...
Q: Write a note on any interesting marketing trend during the recent time.
A: Trend is a term used to explain how fast things are changing or evolving or new things are coming up...
Q: Conduct some research about Nike's channel decisions: going with Amazon in 2017 and leaving Amazon i...
A: After thoroughly going through the given case study, we can circle out some of the most crucial high...
Q: Give an example of cost argument, resource acquisition argument, marketing argument, creativity argu...
A: We will be answering the given question by stating the definition of the listed terminologies provid...
Q: Role Models Moral-support network Professional-support network
A: It is extremely usual for an entrepreneur to get a role model when they 1st begin their company. it ...
Q: Based on the information in the case, carry out a Macro-environment analysis of Sub-Saharan Africa (...
A: For the purpose of this question we would be initiating the macro environment analysis with an appro...
Q: O They spend more in advertising O They are all consumer packagec O They have all received a great d...
A: Ford motor, coca cola,Nike and mc Donald's have one common thing is They have all received a great d...
Q: If you are the owner of one of the most competitive/profitable grocery chain companies here in the c...
A: It is important for any country's to go beyond its national boundaries and expand at an internationa...
Q: Conduct research and create a concise report on how mobile advertising affects sales and marketing.
A: The research is conducted for analysis of specific topic and mobile advertising affects the sales an...
Q: Describe the transaction processing system (TPS). Provide an example of where it is being used.
A: As the technology is increasing day by day and the latest technology and newest technology is adopte...
Q: Question 1 At the very beginning of the marketing strategy process, what are the steps in creating a...
A: Concept Introduction Marketing Strategy process refers to the plans which serve as a roadmap for ac...
Q: the threat of buyer power, what is the impact of switching costs?
A: The switching price is the expenses concerned by purchasers shifting between competitive corporation...
Q: Is it hopeless to try to protect intellectual property in digital media? Why?
A: Yes It's very tough to protect intellectual property in digital media . Discoveries, sculptures, sym...
Q: Explain the reactive and proactive motives for KFC’s involvement in international business.Identify ...
A: A competitive strategy plays an important role where the industry is very competitive and consumers ...
Q: After reading this chapter, it isn't surprising that you're becoming an investment wizard With your ...
A: What is Stock Price? The term stock price refers to the current price that a share of stock is tradi...
Q: are some of the advantages and disadvantages of using the concept of "story-telling" to sell a dest...
A: Marketing is a vast topic including Marketing communication, pricing, storytelling, gamification, b...
Q: mentoring and cross-training mitigate risk
A: Cross-training and Mentoring can be used to nearly any job in practically every marketplace. corpora...
Q: What are two basic approaches to research. Briefly explain them.
A: The term research can be understood as a systematic study which is conducted using the data already ...
Q: The title of our marketing feasibility is “ La Taza Cafe”Please give the Promotion and Advertising S...
A: Marketing also helps to build healthy-long term relationships with the customers and stakeholders. ...
Q: Change management in education perspective
A: Change the management in education is the course of satisfactorily setting up an association for the...
Q: Explain the convept of remote working and how COVID-19 have affected telecommunications group during...
A: REMOTE WORKING : An employee working from a location other than the office building or campus. Team ...
Q: Assertion Agree Disagree Point of View (POV) 1. Media become more influential in different aspects o...
A: As per honor code, i am bound to answer only 3 related parts. So, next part you to repost again to g...
Q: A Group of customers within a business's serviceable available market that the business has decided ...
A: A group of customers within a business's serviceable available market that the business has decided ...
Q: Choose a person whom you believe to be a true opinion leader. It might be a media celebrity, a polit...
A: The person whom I believe is a true opinion leader and I person I truly respect his ideas, opinions,...
Q: As a follow-up in the above question, how can you ensure that the appliance store will comply and im...
A: Given are the few ways Abension's a Filipino company that deals with appliances, gadgets and tools, ...
Q: Provide at least two (2) recent examples/case studies of market entry strategies of other multinatio...
A: Multinational company is a company which sets up their business in foreign countries and understand ...
Q: Many MNCs would like to do business overseas in the same way that they do business at home. Does the...
A: The number of firm agents globally is developing ceaselessly. the planet is crevice up for outside c...
Q: Swot of Analysis Mcdonalds Philippines
A: Disclaimer: Since you have asked multiple question, so we will solve the first question for you. If ...
Q: Define IDEA GENERATION?
A: The PLC is an important concept is the academic and professional field of marketing. The product lif...
Q: What factors are considered to determine the overall export potential? Explain any two elements.
A: To export a product or start the business in exporting requires a lot of potential and various facto...
Q: Define the following: 1. Entrepreneurial intentions
A: Disclaimer: Since you have asked multiple questions, so we will solve the first question for you. If...
Q: In a simple way, how can someone become successful in a farm business? What do you think are things ...
A: There is a lot of risk in starting and operating a business as it involves numerous expenses like pr...
Q: Many products are now being sold online. Name three products that you believe should never be bought...
A: Product is one of the 4 Ps of marketing mix that helps to influence the customers to make purchases....
Q: Differentiate consumer and industrial product and provide sample companies that produces that partic...
A: The main goal or aim of any business is to develop a product or service and launch it in the market....
Q: Explain the varying types of international strategies Nestle can choose from when pursuing the inter...
A:
Q: usiness ethics increases customer loyalty towards a brand ?
A: Consumers have become more awake to the importance of ethical ideals in businesses. Businesses that ...
Q: What are the two advantages and disadvantages of Digital Marketing
A: Concept Introduction : Digital Marketing is related to the online promotion of products and services...
Q: Lenora Hapkins, an employee of Tyson's Production, was proved to be a difficult employee in her fiel...
A: A training program that builds and develops skills in the trainees and makes them more productive is...
Q: Explain how the Ten Guidelines of constructive conflict management may be used in changing the same ...
A: The constructive conflict management as the name itself suggests that it is the conflict between par...
Q: Recommend solutions to marketing problems using appropriate concepts, principles, analytical techniq...
A: There are many common issues and concerns in marketing field that most of the individuals or organiz...
In Michael Porter's Diaond Model of National Advantage, this attribute studies how companies innovate, what strategies they follow and their vision. *
a. Firm Strategy, Structure, and Rivalry
B. Demand Conditions
C. Related and Supporting Industries
D. Factor Conditions
Michael Porter's Diamond Model - Michael Porter in his book "The Competitive Advantage of Nations" explained why and how one country supersedes or enjoys a competitive edge over other countries in a particular industry.
Step by step
Solved in 2 steps
- Kindly explain the healthy handmade frozen food industry based on Porter's Diamond Model Analysis. ( Proposed country is Singapore ) 1. Factor conditions 2. Demand Conditions 3. Related and supporting industries 4. Firm strategy,structure and rivalrySelect a category that you believe might be chosen for a strategic category analysis inthe industries listed below. Describe the factors impacting each commodity, using aPorter Five Forces analysis (described earlier in this chapter). Justify why you believethe category is strategic to that industry, and the approach to be used in developing acategory strategy.a. Oil (West Texas intermediate) versus gasoline (discuss differential)b. Metalsc. Chemicalsd. Plastic resinse. Shippingf. Wood products and other production materialsg. Aeronautical equipmenth. Machine toolsi. Telecommunicationsj. PaperEconomic Nationalism; Strategy; Global; Value Chain The trend of economic nationalism(e.g., Brexit) that is affecting many countries around the world promotes keeping manufacturing jobsin the local country. As management accountants, we are concerned about how this trend will affectcompanies, particularly global companies, as they strive to adapt their strategy and value chain to thenew economic nationalism. Two industries that are relevant in this matter are the textile industry andthe pharmaceutical industry.The Textile Industry. Some companies in the textile industry (where production of raw materials has been moving abroad for decades) have noticed that along with the reduction of raw materialproduction in the U.S., there has been a loss in the number of engineers and managers who are able todirect textile production. In India, China, and Pakistan, on the other hand, a large number of studentsare graduating with the skills necessary to deal with the production of fabric.The…
- 5. Company ABC has started to implement a strategy of Market Development in a certain country. On this situation, which of the following set of factor does Company ABC should consider in evaluating this strategy? a. Production rate and production cost b. return of investment and reach target market c. customer acceptance and brand positioning d. expenses and gross profit1) Which of the following is NoT a reason for firms to participate in strategic alliances? a. To allow firms to combine their resources, capabilities, and core competencies. b. To develop oligopolies in a market and eliminate competition. C. To encourage beneficial partnerships between firms. d. To allow firms to pursue benefits in designing, manufacturing, or distributing goods. 2) A firm can create a competitive advantage: a. through either a cost leadership or differentiation strategy. b. by increasing its sales and net profit. c. only by ottering unique product features to the target market. d. only through implementing a cost lecdership strategy.Brinker International operates restaurants in several different segments of the casual dining market. This is a. A relatively high level of diversification b. An example of product diversification c. Unlikely to reduce variability in the firm’s profitability since the restaurants are all in the casual dining category d. An example of related linked diversification
- If the question of imitability is No: Select one: a. Temporary Competitive Parity b. Temporary Advantadge c. Competitive Parity d. Temporary Competitive AdvantageA business-level strategy assists a company in establishing and exploiting a specific competitive advantage within a particular competitive scope. How firms integrate the activities they perform within each different business-level strategy demonstrates how they differ from one another. Describe TWO (2) business-level strategies that Kindle/Amazon should employ to achieve and protect their desired strategic position against competitors.An industry's key success factors A) can be determined from studying the "winning" strategies of the industry leaders and ruling out as potential key success factors the strategy elements of those firms considered to have "losing" strategies. B) depend on the relative competitive strengths of the industry leaders and how vulnerable they are to competitive attack. C) are a function of market share, entry barriers, economies of scale, degree of vertical integration, and industry profitability. D) can be determined through identifying an industry's dominant economic characteristics, assessing the five competitive forces, and considering the impacts of the driving forces. E) vary according to whether an industry has high or low long-term attractiveness.
- 107- What factor does the GE-Mckinsey matrix use to compare BU? a. Growth and market share b. Growth and market attractiveness c. Competitive strengths and industry attractiveness d. Growth and industry attractiveness1. This market structure has a lot of competitors selling non-identical goods. A. Perfect competition C. Oligopoly B. Monopolistic competition D. Monopoly 2. What does a discount rate in the net present value signify? A. Amount of interest earned C. Firm's time and risk preference B. Amount needed by the firm D. Rate of firm's growth 3. Why does the value of money diminish over time? A. Inflation C. Decrease in consumer information B. Increase in competition D. Interest rates 4. Which disequilibrium profit theory is applicable to businesses with high capital requirements? A. Frictional profit theory C. Compensatory profit theory B. Innovation profit theory D. Monopoly profit theory 5. Which of these is NOT part of the three (3) basic economic questions? A. What commodities should be produced? B. How should those commodities be produced? C. Why should the commodities be produced? D. For whom are those commodities produced? 6. Which of these is a market-supplied resource? A. Owner's…Pick a company and discuss the following:1. Discuss factors affecting a competitor's likelihood to take competitive actions.2. Describe factors affecting the likelihood a competitor will respond to actions taken by its competitors.3. Explain competitive dynamics in slow-cycle, in fast-cycle, and in standard-cycle markets.