Inonesia's national competitive advantage using Porter's National Competitive Advantage Theory.
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Inonesia's national competitive advantage using Porter's National Competitive Advantage Theory.
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- Propose a strategic direction for Sharaf DGGive recommendations on the capabilities and processes that the company needs to develop in order to be competitive, and how to acquire themWinemaking has remained largely unchanged for 7,000 years, but the United States wine industry has ballooned from 30 billion dollars in 2002 to 60 billion today, making it the largest in the world. Wine producers see customers as having limited expertise and demonstrating inconsistent, difficult-to-predict preferences. They seek to influence tastes by shaping markets through vision and social influence. Even as wine producers dismiss customer input and the pursuit of profit, they value the opinions of peers and influential media and critics. Consumers looking to buy a bottle of wine confront thousands of choices. To navigate, they invariably turn to those experts that the wineries have worked so hard to influence. Producers of wines define categories and set benchmarks, and consumers become fans and pay premium prices, despite the availability of excellent alternatives. How does this summary fit into Structure Conduct Performance or Marco?What is Michael Porter’s diamond framework for national competitiveness?
- 1. Differentiate between domestic and international business environments by defining and providing key characteristics of each type. 2.Identify examples of domestic and international organizations and explain how they meet the criteria for each type of organization 3.Explain the key benefits of international and global expansion for domestic businesses, providing specific examples 4.Explain the role of ethics in making business decisions regarding expansion to a new market and how ethical decision-making frameworks can be used to help make these decisions.Please answerSustaining competitive advantage can be challenging. The entry of new competitors, the possibility of imitation, and the changes in the firm’s context can affect the firm’s profitability and, historically, have affected firms that had competitive advantage in very distinctive ways. For instance, Coke and Pepsi have sustained their market dominance for nearly a century. On the other hand, General Motors and Ford were hit hard by competition, in particular of foreign companies entering the market, and never fully recovered. What is different about the product/market situation in these cases that affects the sustainability of their competitive advantage? Which elements of the strategic landscape were responsible for Coke and Pepsi’s success and which elements were instrumental in GM and Ford losing an important share of the market?
- Through stakeholder analysis, how can I identify the key stakeholders affected by the current expansion of new bottling co in Texas and future-state goalsGive 2 companies that is an example of perfect competition. Explain why they are under this market structureHow can companies gain competitive advantage by using National Competitive Advantage? Explain regarding Porter’s model on National Advantage.
- Assuming you are a manager of United Airlines, you are supposed to generate an industry analysis report for CEO, Scott Kirby. Use Porter's Five Forces model to analyze the airline industry. You need to name the forces, explain analysis and state the level of power in each force.The SituationYou work for a growing company, which thus far has operated only in the United States and Canada. Its board has just approve a plan to expand operations in two locations in the world whose local populations are overwhelmingly Hindu. The company management knows nothing about Hinduism, except perhaps for a few stereotypes. The company plans to hire most of its staff locally, so it needs basic information about Hinduism so that it can conduct advertising, human resources, and other aspects of its operations without offending cultural sensibilities.Your TaskYou work in the accounting department, but because you have a degree in religious studies, the company’s management has asked you to prepare a brief report on certain aspects of Hinduism. It will use your report as the basis for determining a plan for further study. Your report, therefore, should be clear and specific about religion However, it need not and should not concern itself with details about how…
