What is the difference between market commonality and the resource similarity? Use your current organization (where employed) or another institution to explain these concepts. For example, identify the direct competitors, joint markets, similar resources, etc.
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What is the difference between market commonality and the resource similarity? Use your current organization (where employed) or another institution to explain these concepts. For example, identify the direct competitors, joint markets, similar resources, etc.
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- What are the benefits of using internal sources for developing new technologies, products, and/or processes? What are the potential disadvantages?See if you can identify the value chain relationships that make the businesses of the following companies related in competitively relevant ways. In particular, you should consider whether there are cross-business opportunities for (a) transferring competitively valuable resources, expertise, technological know-how, and other capabilities, (b) cost sharing where value chain activities can be combined, and/or (c) leveraging use of a well-respected brand name. LO8-1, LO8-2, LO8-3, LO8-4 Bloomin’ Brands Outback Steakhouse Carrabba’s Italian Grill Bonefish Grill (market-fresh fine seafood) Fleming’s Prime Steakhouse & Wine Bar L’Oréal Maybelline, Lancôme, Helena Rubinstein, Kiehl’s, Garner, and Shu Uemura cosmetics L’Oréal and Soft Sheen/Carson hair care products Redken, Matrix, L’Oréal Professional, and Kerastase Paris professional hair care and skin care products Ralph Lauren and Giorgio Armani fragrances Biotherm skin care products La Roche–Posay and Vichy Laboratories…Look for an organization that has Enterprise Resource Planning system and state how it impact or benefit the entire business process. In terms of : HUMAN RESOURCE, ACCOUNTING, MARKETING, AND SUPPLY CHAIN.
- Compare and contrast Porter’s Five Forces model with the resource based view of Industry analysis. Assess the usefulness of both.Research and briefly describe the Delphi technique. How would it be used by an employer you have worked for?Imagine that you own your business. a) Think about your production process. Please explain the technology that you use in the production process. b) How do you think the technology that you use, affects the market structure and/or the demand of your product? Note that this question is NOT about how technology affects your production process, therefore, NOT about productivity, NOT about the cost structure.
- What are the differences in Efficiency and Effectiveness in the following industries: Government, Energy, Commodities, Information Technology, Retail, Hospitality, and Healthcare? Give an example of this challenging trade-off in your respective industry or organization.State a company or organization that has Enterprise Resource Planning system and state how it impact or benefit the entire business process. In terms of : HUMAN RESOURCE, ACCOUNTING, MARKETING, AND SUPPLYTo plan to compete against other firms, a firm needs to understand what physical, financial, and human resources it has, what it is good at, and how it is organized. TRUE OR FALSE
- Why are more senior executives understanding the value of sourcing and supply chain management?For your group assignment, you have to perform an analysis of the entities assigned to you using Porter's Five Forces. You may use any template or diagram you want to use, provided that you will be able to identify the following elements affecting the organization: Competitive rivalry, Supplier power, Buyer power, Threat of substitution, and Threat of new entry Shopee company used an porters five.It is essential, before making a final decision, to take into consideration both the practical ramifications and the financial upsides of the various options. Be specific and create linkages to technology that are already in use. Is it beneficial to the job if you have previous expertise with or exposure to situations or cases that are analogous to the ones you'll be working on?