a. Structure of the industry as per the Porter’s five forces model: In the given scenario, the customers (student) have strong bargaining power. The student has various options for finding the job. They can surf on the internet for availability of jobs, register to some job portal, seeing the advertisement in the newspaper. The threat of substitution may be low as the students have more demand in the summer work. As the student tries to spend the summer vacation effectively in doing some summer jobs...

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Answer 1

Expert Solution & Answer

Chapter 3, Problem 3.2UYK

Explanation of Solution

a.

Structure of the industry as per the Porter’s five forces model:

In the given scenario, the customers (student) have strong bargaining power.

The student has various options for finding the job. They can surf on the internet for availability of jobs, register to some job portal, seeing the advertisement in the newspaper.

The threat of substitution may be low as the students have more demand in the summer work.

As the student tries to spend the summer vacation effectively in doing some summer jobs...

Explanation of Solution

b.

Recommending competitive strategy:

After analyzing the part “a”, it suggests that there is difficulty to achieve profit in this industry. Competing only on the cost alone will leads to problems in the industry...

Explanation of Solution

c.

Primary value chain activities applied to the business:

Inbound logistics refers to acquiring the available jobs and organizing them in a particular manner which will help them to match the student skills. It is organized based on the job opportunities and requirements. Making some arrangements to the customer that makes them easier to contact them and provide information about job opportunities...

Explanation of Solution

d.

Business process for recruiting students:

As a marketing and sales technique, the student qualification and their capability towards the performance for the job is determined by testing the skills and interest survey...

Explanation of Solution

e.

Information system which provide support to the business process in part d:

A Web-based system uses the Internet web technologi...

Explanation of Solution

f.

Effects in competitive strategy by process in part d and system in part e:

The business process which has been used above is one of the ways to distinguish itself from the competition. This process may enhance the service and lead their company to attain good level...

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Answer 2

Expert Solution & Answer

Chapter 3, Problem 3.2UYK

Explanation of Solution

a.

Structure of the industry as per the Porter’s five forces model:

In the given scenario, the customers (student) have strong bargaining power.

The student has various options for finding the job. They can surf on the internet for availability of jobs, register to some job portal, seeing the advertisement in the newspaper.

The threat of substitution may be low as the students have more demand in the summer work.

As the student tries to spend the summer vacation effectively in doing some summer jobs...

Explanation of Solution

b.

Recommending competitive strategy:

After analyzing the part “a”, it suggests that there is difficulty to achieve profit in this industry. Competing only on the cost alone will leads to problems in the industry...

Explanation of Solution

c.

Primary value chain activities applied to the business:

Inbound logistics refers to acquiring the available jobs and organizing them in a particular manner which will help them to match the student skills. It is organized based on the job opportunities and requirements. Making some arrangements to the customer that makes them easier to contact them and provide information about job opportunities...

Explanation of Solution

d.

Business process for recruiting students:

As a marketing and sales technique, the student qualification and their capability towards the performance for the job is determined by testing the skills and interest survey...

Explanation of Solution

e.

Information system which provide support to the business process in part d:

A Web-based system uses the Internet web technologi...

Explanation of Solution

f.

Effects in competitive strategy by process in part d and system in part e:

The business process which has been used above is one of the ways to distinguish itself from the competition. This process may enhance the service and lead their company to attain good level...

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 3

Expert Solution & Answer

Chapter 3, Problem 3.2UYK

Explanation of Solution

a.

Structure of the industry as per the Porter’s five forces model:

In the given scenario, the customers (student) have strong bargaining power.

The student has various options for finding the job. They can surf on the internet for availability of jobs, register to some job portal, seeing the advertisement in the newspaper.

The threat of substitution may be low as the students have more demand in the summer work.

As the student tries to spend the summer vacation effectively in doing some summer jobs...

Explanation of Solution

b.

Recommending competitive strategy:

After analyzing the part “a”, it suggests that there is difficulty to achieve profit in this industry. Competing only on the cost alone will leads to problems in the industry...

Explanation of Solution

c.

Primary value chain activities applied to the business:

Inbound logistics refers to acquiring the available jobs and organizing them in a particular manner which will help them to match the student skills. It is organized based on the job opportunities and requirements. Making some arrangements to the customer that makes them easier to contact them and provide information about job opportunities...

Explanation of Solution

d.

Business process for recruiting students:

As a marketing and sales technique, the student qualification and their capability towards the performance for the job is determined by testing the skills and interest survey...

Explanation of Solution

e.

Information system which provide support to the business process in part d:

A Web-based system uses the Internet web technologi...

Explanation of Solution

f.

Effects in competitive strategy by process in part d and system in part e:

The business process which has been used above is one of the ways to distinguish itself from the competition. This process may enhance the service and lead their company to attain good level...

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 4

Expert Solution & Answer

Chapter 3, Problem 3.2UYK

Explanation of Solution

a.

Structure of the industry as per the Porter’s five forces model:

In the given scenario, the customers (student) have strong bargaining power.

The student has various options for finding the job. They can surf on the internet for availability of jobs, register to some job portal, seeing the advertisement in the newspaper.

The threat of substitution may be low as the students have more demand in the summer work.

As the student tries to spend the summer vacation effectively in doing some summer jobs...

Explanation of Solution

b.

Recommending competitive strategy:

After analyzing the part “a”, it suggests that there is difficulty to achieve profit in this industry. Competing only on the cost alone will leads to problems in the industry...

Explanation of Solution

c.

Primary value chain activities applied to the business:

Inbound logistics refers to acquiring the available jobs and organizing them in a particular manner which will help them to match the student skills. It is organized based on the job opportunities and requirements. Making some arrangements to the customer that makes them easier to contact them and provide information about job opportunities...

Explanation of Solution

d.

Business process for recruiting students:

As a marketing and sales technique, the student qualification and their capability towards the performance for the job is determined by testing the skills and interest survey...

Explanation of Solution

e.

Information system which provide support to the business process in part d:

A Web-based system uses the Internet web technologi...

Explanation of Solution

f.

Effects in competitive strategy by process in part d and system in part e:

The business process which has been used above is one of the ways to distinguish itself from the competition. This process may enhance the service and lead their company to attain good level...

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 5

Expert Solution & Answer

Answer 6

Expert Solution & Answer

Answer 7

Chapter 3, Problem 3.2UYK

Explanation of Solution

a.

Structure of the industry as per the Porter’s five forces model:

In the given scenario, the customers (student) have strong bargaining power.

The student has various options for finding the job. They can surf on the internet for availability of jobs, register to some job portal, seeing the advertisement in the newspaper.

The threat of substitution may be low as the students have more demand in the summer work.

As the student tries to spend the summer vacation effectively in doing some summer jobs...

Explanation of Solution

b.

Recommending competitive strategy:

After analyzing the part “a”, it suggests that there is difficulty to achieve profit in this industry. Competing only on the cost alone will leads to problems in the industry...

Explanation of Solution

c.

Primary value chain activities applied to the business:

Inbound logistics refers to acquiring the available jobs and organizing them in a particular manner which will help them to match the student skills. It is organized based on the job opportunities and requirements. Making some arrangements to the customer that makes them easier to contact them and provide information about job opportunities...

Explanation of Solution

d.

Business process for recruiting students:

As a marketing and sales technique, the student qualification and their capability towards the performance for the job is determined by testing the skills and interest survey...

Explanation of Solution

e.

Information system which provide support to the business process in part d:

A Web-based system uses the Internet web technologi...

Explanation of Solution

f.

Effects in competitive strategy by process in part d and system in part e:

The business process which has been used above is one of the ways to distinguish itself from the competition. This process may enhance the service and lead their company to attain good level...

Answer 8

Chapter 3, Problem 3.2UYK

Explanation of Solution

a.

Structure of the industry as per the Porter’s five forces model:

In the given scenario, the customers (student) have strong bargaining power.

The student has various options for finding the job. They can surf on the internet for availability of jobs, register to some job portal, seeing the advertisement in the newspaper.

The threat of substitution may be low as the students have more demand in the summer work.

As the student tries to spend the summer vacation effectively in doing some summer jobs...

Answer 9

Chapter 3, Problem 3.2UYK

Explanation of Solution

a.

Structure of the industry as per the Porter’s five forces model:

In the given scenario, the customers (student) have strong bargaining power.

The student has various options for finding the job. They can surf on the internet for availability of jobs, register to some job portal, seeing the advertisement in the newspaper.

The threat of substitution may be low as the students have more demand in the summer work.

As the student tries to spend the summer vacation effectively in doing some summer jobs...

Answer 10

Explanation of Solution

b.

Recommending competitive strategy:

After analyzing the part “a”, it suggests that there is difficulty to achieve profit in this industry. Competing only on the cost alone will leads to problems in the industry...

Answer 11

Explanation of Solution

b.

Recommending competitive strategy:

After analyzing the part “a”, it suggests that there is difficulty to achieve profit in this industry. Competing only on the cost alone will leads to problems in the industry...

Answer 12

Explanation of Solution

c.

Primary value chain activities applied to the business:

Inbound logistics refers to acquiring the available jobs and organizing them in a particular manner which will help them to match the student skills. It is organized based on the job opportunities and requirements. Making some arrangements to the customer that makes them easier to contact them and provide information about job opportunities...

Answer 13

Explanation of Solution

c.

Primary value chain activities applied to the business:

Inbound logistics refers to acquiring the available jobs and organizing them in a particular manner which will help them to match the student skills. It is organized based on the job opportunities and requirements. Making some arrangements to the customer that makes them easier to contact them and provide information about job opportunities...

Answer 14

Explanation of Solution

d.

Business process for recruiting students:

As a marketing and sales technique, the student qualification and their capability towards the performance for the job is determined by testing the skills and interest survey...

Answer 15

Explanation of Solution

d.

Business process for recruiting students:

As a marketing and sales technique, the student qualification and their capability towards the performance for the job is determined by testing the skills and interest survey...

Answer 16

Explanation of Solution

e.

Information system which provide support to the business process in part d:

A Web-based system uses the Internet web technologi...

Answer 17

Explanation of Solution

e.

Information system which provide support to the business process in part d:

A Web-based system uses the Internet web technologi...

Answer 18

Explanation of Solution

f.

Effects in competitive strategy by process in part d and system in part e:

The business process which has been used above is one of the ways to distinguish itself from the competition. This process may enhance the service and lead their company to attain good level...

Answer 19

Explanation of Solution

f.

Effects in competitive strategy by process in part d and system in part e:

The business process which has been used above is one of the ways to distinguish itself from the competition. This process may enhance the service and lead their company to attain good level...

Answer 20

Expert Solution & Answer

Answer 21

Expert Solution & Answer

Answer 22

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Answer 23

Ch. 3.3 - Prob. 1EGDQ Ch. 3.3 - Prob. 2EGDQ Ch. 3.3 - Prob. 3EGDQ Ch. 3.3 - Prob. 4EGDQ Ch. 3.7 - Prob. 1TARQ Ch. 3.7 - Prob. 2TARQ Ch. 3.7 - Prob. 3TARQ Ch. 3.7 - Prob. 4TARQ Ch. 3.8 - Prob. 1SGDQ Ch. 3.8 - Prob. 2SGDQ

Solution Summary: The author explains the structure of the industry as per Porter's five forces model.

Concept explainers

Explanation of Solution

Explanation of Solution

b.

Recommending competitive strategy:

After analyzing the part “a”, it suggests that there is difficulty to achieve profit in this industry. Competing only on the cost alone will leads to problems in the industry...

Explanation of Solution

Explanation of Solution

d.

Business process for recruiting students:

As a marketing and sales technique, the student qualification and their capability towards the performance for the job is determined by testing the skills and interest survey...

Explanation of Solution

e.

Information system which provide support to the business process in part d:

A Web-based system uses the Internet web technologi...

Explanation of Solution

f.

Effects in competitive strategy by process in part d and system in part e:

The business process which has been used above is one of the ways to distinguish itself from the competition. This process may enhance the service and lead their company to attain good level...

Want to see the full answer?

Chapter 3 Solutions

Solution Summary: The author explains the structure of the industry as per Porter's five forces model.

Concept explainers

Explanation of Solution

Explanation of Solution

b. Recommending competitive strategy: After analyzing the part “a”, it suggests that there is difficulty to achieve profit in this industry. Competing only on the cost alone will leads to problems in the industry...

Explanation of Solution

Explanation of Solution

d. Business process for recruiting students: As a marketing and sales technique, the student qualification and their capability towards the performance for the job is determined by testing the skills and interest survey...

Explanation of Solution

e. Information system which provide support to the business process in part d: A Web-based system uses the Internet web technologi...

Explanation of Solution

f. Effects in competitive strategy by process in part d and system in part e: The business process which has been used above is one of the ways to distinguish itself from the competition. This process may enhance the service and lead their company to attain good level...

Want to see the full answer?

Chapter 3 Solutions

b.

Recommending competitive strategy:

After analyzing the part “a”, it suggests that there is difficulty to achieve profit in this industry. Competing only on the cost alone will leads to problems in the industry...

d.

Business process for recruiting students:

As a marketing and sales technique, the student qualification and their capability towards the performance for the job is determined by testing the skills and interest survey...

e.

Information system which provide support to the business process in part d:

A Web-based system uses the Internet web technologi...

f.

Effects in competitive strategy by process in part d and system in part e:

The business process which has been used above is one of the ways to distinguish itself from the competition. This process may enhance the service and lead their company to attain good level...