Sample Competition Essays for Free Use by Ambitious Students

Executive Summary

Swinburne is an Australian university of technology that is based in Melbourne. The university has several campuses including one in Sarawak, Malaysia. The Malaysian campus is operated in partnership with the Malaysian government from the year 2000. Having a campus abroad was a strategy by Swinburne University, to create more opportunities for its students as well as globalizing its operations. Swinburne Abroad is a program that provides the students with opportunities of working, learning, and living internationally. The Sarawak campus operates the same way as the Australian campuses.

The students study the same courses, and upon graduation they are given Australian awards. ...

Joanne Bladd’s article focuses on the idea of rethinking the Abu Dhabi school system. Bladd demonstrates a clear understanding of the current system by explaining the challenges that exist within the current system. She acknowledges that the current education system in Abu Dhabi faces challenges. Bladd argues that the current curriculum is not diverse enough to meet modern market needs. Bladd’s perspective on the functionality of the Abu Dhabi education is based on the fact that the world has over the years become more globalized (Bladd, 2010, p.9). This means that there is more integration both socio-economically and ...

Chapter 4

- The firms are pursuing cost leadership strategy and in this strategy advertising is essential. It is considered fixed cost because it is showing the people or shifting their focuses on the products with similar qualities as their competitors’ products but at a lesser price. On the other hand, product-differentiation strategy is based on advertising the unique qualities of the products and their reasonable costs.

- The actions the firms can take to ensure that economies of scale exist are 1- they make sure that the volume of production reach the optimal level where the average cost per unit ...

Ever since I was born, I have been told that English is an important language to master. Unfortunately, being young and careless, I did not register the importance of it right away. When I was in middle school, my parents would drop me off for an extra English tuition after classes, or they thought they did. I was quite rebellious and most of the times I would simply pretend to go up the stairs and then snick to a nearby arcade with friends once our family car drove out of sight. I was perfectly content with the way things were ...

Question 1

The starting point for Mr. Runyan was his dissatisfaction with the industry of dry cleaners in his home town. He identified key flaws in KC’s dry cleaners: dirty facilities, rude workers and use of chemicals, which created barriers for new entrants. Mr. Runyan discovered that if he focuses his strategy on the abovementioned factors, he will gain competitive advantage on the market. Afterwards, Mr. Runyan conducted his own research and found out that he could use liquid carbon dioxide in the cleaning process. This innovative technology would give him an opportunity to enter the market, as he will ...

SWOT Analysis

For successful formulation and implementation of a company’s marketing strategies for its products, the analysis of both internal and external product and company environment is arguably crucial. In this case, it is imperative for the company to apply SWOT analysis tool. SWOT analysis primarily entails the analysis of the company or product’s strengths, weaknesses, opportunities and threats. Pahl and Richter (2009) identify SWOT analysis as a vital tool for effective decision making and in the understanding of the autonomies between an organization, or product, and its internal and external environment. Table 1, below, provides a summary of the product (Ruffle ...

Abstract

Global market operations require that a multinational organization considers policy structures that prove effective in the management of its global operations. An examination worldwide operation of Maersk Line in 135 countries around the world reveals that the company has employed investments in innovation and capacity building as the main driver of its supply chain components. Based on this six operational areas that encompass; customers, competition, operational costs, communication, technology and environmental pollution the paper investigates the efforts made by the management at Maersk Line in effectively running its supply chain worldwide. The paper finds that several challenges and opportunities are ...

There are different external factors which influence competitiveness of a business. The business has direct control over the internal factors, and cannot control such external factors. Such external factors include political environment, technological environment, international environment and socio-cultural environment which are beyond a firm’s control. Business environment are constantly changing and carries with them uncertainties, risks and opportunities which businesses need to adopt. Success of a business enterprise may depend on the adaptability and alertness of a business to change in the environment.

PEST Analysis for Starbucks

PEST is a reference to a tool used in analyzing the business environment, which refers to Political, Economic, Social and Technological ...

Strategic planning denotes the process through which managers assess the company’s future prospects and make a decision on suitable strategies for attaining long-term goals (Heizer & Render, 2014). This paper discusses three approaches to devising and implementing strategy namely economic imperative, political imperative, and quality imperative. Moreover, selects an imperative that can best function for Apple Inc.

Economic imperative is a global strategy based on differentiation, cost leadership, as well as segmentation. On contrary, political imperative denotes strategic formulation as well as implementation using strategies, which are nation-responsive and developed to protect or promote local market niches.

On the other ...

Executive summary

Cars Dealership globally and locally has established strong completive industry where the market trends are dynamic. Seeking to gain a market share on the highly competitive market requires more strategic approach based on a detailed analysis on internal and external markets. Current dynamism in the market, as attributed to various factors offers opportunities and threats. Examining and exploring the market and the industry situation is aimed at offering essential strategies towards venturing in the trade. AAM Car Dealers Company is a newly formed company that seeks to venture in Car Dealership within the local market but with a dream of dominating the global market. ...

International competitiveness could be explained based on various economic models or theories. However, David Ricardo’s comparative advantage theory could be the best theoretical choice in this particular case, because it clearly outlines the factors that enhance a country’s or a region’s competitiveness in the international market arena (Johansson, Karlsson & Stough, 2002). According to this theory, if a given country can produce goods and/or services at a lower opportunity cost as compared to other countries, then that particular country has a comparative advantage (Maneschi, 2008). On same note, even though a given country is in a position of producing all goods and services efficiently ...

Introduction

The name of the hotel is Dragon Den Hotel. It will focus on providing services to local and international visitors. It is a restraint offering services such as lodging. It forms the basis of this hotel marketing plan.

Mission statement

Dragon Den boutique and hotel strives to care and share with domestic and international visitors from various aspect of life. It aims to prove and improve a quality holiday experience leading to warm, lasting and memorial for both visitor and hosts.

Objective and strategy

The objective of the Dragon Den boutique and hotel is to ensure quality service to their customer in the competitive hospitality industry. ...

The market study on MP3XYZ was prepared for the management team of Global Corporation MusicToGo, which aims at covering a niche of portable MP 3 players. The scope of my research would have been unlimited if taken overall marketing strategy of MusicToGo, therefore I decided to evaluate the possibility of the MusicToGo to compete with Apple iPod in the Netherlands market and find out what features will enable MusicToGo to improve its performance. The core approach lies in the evaluation of Apple and MusicToGo products with regard to their functionalities and price.

Slide 2. Executive summary

The research was conducted to define the target ...

Introduction

Sony Corporation was founded in 1946 in Tokyo by Akio Morata and Masuru Ibaka. Initially known as Tokyo Telecommunications Engineering Company, the company was involved in research and development of telecommunications and measuring equipment. Today, however, the company is involved with the creation, design, manufacture and dealing of electronic equipment and devices including game consoles and software (Berrak, Ferzly, Nguyen, Roach, and Ward 3; Gershon, and Kanayama 105). In addition, the company also engages in the production, marketing and distribution of motion pictures, home entertainment, television products as well as recorded music. Further, the company engages in ...

Analysis for reformulating the business model

With regard to the economics of a business, some performance metrics determines the success of a business venture in a certain region. These elements comprise of customers, competition, technology and the regulatory framework. In order to appreciate the background and the context of eBay, it is crucial to have an insight on its history. As an American company, eBay had survived the dot-com bubble in the US. Founded in 1995, the company had grown to a level of recording revenue at least 18% of its revenue by 2001 (Ireland, Hoskisson and Hitt). Therefore, having had such success in the US and international markets, ...

Part A: Your Marketing Plan

Executive summary Business operations are dependent on effective planning. Admittedly, the most fundamental facet is marketing plan. As such, a marketing plan generates an overview of the approach that an organization will inculcate in ensuring brand growth, awareness and sales within the market of operation. Marketing plan necessitates an effective blue print that an organization incorporates towards sustaining profitability, shareholder returns and necessitating returns on the investments made. Accordingly, from the evaluation of AHA beverage company, a marketing plan forms a plausible tool towards the launching its AHA vitamin water. Thus, through the inculcation of the marketing plan, the organization will ...

Introduction

TransCanada Corporation is a company that operates in the energy industry within the geographical boundaries of North and South America, specifically, the United States, Canada, and a small portion of Mexico in the South. Its main trade is the storage and transmission of power generated from various sources. Its main source of power generation—that it stores and eventually transmits to its clients, is natural gas, although other major energy sources such as coal, nuclear, wind and hydrogen sources are also included in its portfolio.

This company currently holds a small, but still significant portion of the entire market for energy. One ...

Trust is very important in today’s business environment. Good business starts from the teamwork and teamwork cannot be achieved if team members do not trust one another.

So, why I trust needed so much to build a successful team? There might be hundreds of answers for this question, but first of all, I would like to say, that, trust is connecting people, and when they trust one another, they can better concentrate on the work. Today, the most successful business teams are like families, where family members trust each other. Team members can rely on their colleagues, and ...

The Delta and the Northwest airlines officially announced their merger deal on April 14, 2008. This announcement meant that the Atlanta-based Delta Airlines would absorb the Minneapolis-based Northwest Airlines. They would form and operate under a new company. The announcement came at a time when major airlines in US were facing tough economic moments. The merger decision meant more benefits to the two airlines than the public would imagine. They wanted to avoid making bigger losses, get off bankruptcy, make more profitable flights and boost their economic bases. At the time of this merger, the fuel prices were sky-rocketing. Many ...

Marketing Strategy

A marketing strategy implies the line of approach that an organization pursues to maximize opportunities with the aim or goal of increasing sales and to attain competitive advantage. It (marketing strategy) includes all short, medium and long-term activities that aim at achieving the desired goals of competitive advantage and increased sales (Peter, Olson & Grunert, 1999, p.333). Pricing, on the other hand, is the most direct approach that a firm/company uses to communicate with the clients or customers. Pricing strategy is the most difficult pillar of marketing to implement. This is so because it integrates vertical and horizontal decision making in ...

Netflix, Inc. provides on-demand internet streaming media to United Kingdom, Denmark, Sweden, Norway Ireland, and both South and North America. The company offers flat-rate DVD by mail within the United States of America (Stahi and Yager 23). Netflix sends mailed DVDs through Permit Reply Mail. The company has developed strategies for growth and counteract threats and weaknesses while maximizing on its strengths.

- I recommend that Netflix should partner and network with other hardware and software providers. - These include Windows or Mac OS X, Amazon Kindle Fire, Apple TV, LG Electronics and Philips manufacturers. This is ...

Natural selection can be referred to as a process through which biological traits turn either more or less common within a population as a function of the impact of hereditary traits on the differential reproductive victory of organisms’ interaction with their surroundings. It is a major evolution mechanism. Charles Darwin popularized the term natural selection with an intention to have it compared with artificial selection, now referred to as selective breeding.

There exists variation within every organism’s populations. This takes place partly since random mutations happen in the genome of an organism, and these mutations can be acquired by offspring. All ...

The U.S. Department of Agriculture imposes regulatory on agricultural goods as a way of putting restriction on certain commodity supplies and raise the consumer price. Import barriers are used extensively by the sugar industry. It significant to note that through trade barriers, the prices are high and as a result of high prices, the consumers are hurt more because they are forced to buy fewer products at a high price. According to USDA there is a trade barrier in the sugar industry so as to protect the producers from competition so that they can increase their returns to scale (usda.gov). Though the government ...

San Francisco based clothing company, Gap Inc., has experienced reduced earnings due to weakening foreign currencies this year; however, it performed better than expected as shown in the fourth quarter results. Gap Inc. operates Old Navy and Banana Republic chains as well as namesake stores. Gap Inc. had seen higher same store sales for eight consecutive quarters. In recent times, the company has faced competition from Forever 21 Inc. and Inditex Group Inc’s Zara. Gap Inc. posted 1% increase in same store sales in the year whereas the sales dropped in the Banana Republic stores (Prior, n.d.). ...

Definition and Importance of Magnet status

Magnet status refers to hospitals, which have well qualified nurse executives in a decentralized environment, with organizational structures that put emphasis on open and participatory management (Marquis and Huston, 2009). According to Barker (2005), a hospital with a magnet status normally has a high quality and satisfied nursing workforce in competitive markets. Magnet status is important as it enhances patient care and ensures the deliverance of high quality service, which is attributed to the strong leadership practices and qualified nursing team. Additionally, a magnet status is important as it attracts the best the professions in the medical field and ensures the maintenance of highest standards ...

E-commerce and business opportunities

Electronic commerce involves conducting business with computers and data communications. It focuses on the use of transaction Medias such as telecommunication, network and mostly depending on internet (Costa, 2001). Online marketing allows internet retailers to present their products, market to the willing and potential customers that may otherwise be difficult to acquire and meet. The examples of the leading company, on the services of the electronic commerce, are Amazon and eBay companies. They deliver to shoppers who bypass the search engines through advertising and provision of the marketplace.

In the electronic marketing, has taken over the marketing and ...

Introduction

Adidas is a German multinational company that designs and manufactures sports wear and accessories. The headquarters of the company are located in Herzogenaurach, Bavaria in Germany. Apart from sportswear, the company manufactures shirts, eyewear, bags, watches and other clothing related goods. It is the second largest sportswear manufacturer in the globe. The company was founded by Adolf Dassler in 1948. The total revenue for the company that was listed in 2012 stood as € 34.48 billion. The success of the company has come along as a result of being respectful to its strengths, acceptability of its weaknesses, recognition of its opportunities, and ...

This analysis will use the top companies in the food and beverage industry. In a the past three years, PepsiCo Inc., Tyson Foods Inc., Nestle and the Coca Cola Company. All of these companies portray exemplary performance, they are all not as consistent in their competition. A few of these companies make very inconsistent profits that fluctuate each year from high profits to also large losses. PepsiCo Inc. is among the companies that are very successful and consistent in the market. The company has continually provided good quality to its consumers. Tyson Foods is also a well performing company, but which ...

Introduction

The market is a system or institution where buyers and sellers interact for the purpose of exchanging goods and services for a price. The sellers present their goods and or services and the buyers pay the set price for them. Monopoly in the market is a situation whereby one, seller offers a commodity ...

Analysis of Strategy Choice: AT & T and Sprint Nextel

In choosing a strategy, management must ensure that all the factors in the immediate internal and external environment are considered (Gilberto & Alberto, 2010). AT & T is a telecommunications company based in Texas, now in its third decade of existence and the second largest cooperation in mobile telephony within the United States. Nextel communications, on the other hand, is a multinational mobile communications company in Virginia operating as a subsidiary of Sprint Corporation. Considering the heavy capital needs within the telecommunications sector, the companies ought to focus on a firm strategy in order to maneuver the markets efficiently.

AT & T has shown stable growth ...

(a)When you arrive at work on Monday, you get a call from Java Distributors, who tells you that the week’s coffee cannot be delivered until Tuesday afternoon. You believe this is a clear breach of your contract with Java Distributors. What should you do? Fully discuss all of your options, and choose the one that is best for your business.

A contract provides the duties and obligations of each party privy to the contract. It also offers the remedies which are available to the parties in case of a breach. In this case, java distributors are responsible for the breach ...

Introduction

In the present business world the assumption is that firms would like to maximize profits, but in the real life maximizing profit has a great impact on the society and the economy (Wigley 1996). Firms are classified according to the type of market structure they belong to. There are four types of market structure; perfect competition, monopoly, monopolistic, and oligopoly. The main factors that influences a market structure are; the number of buyers and sellers, the degree of product differentiation, the knowledge of buyers and sellers regarding a commodity and the strengths of barriers to entry and exit. Different industries ...

Nucleon inc. had a competitive advantage over the competitors in pharmaceutical development technologies. Availability and exploitation of resources are based on high improved and advanced molecular biology and immunology. The competitors’ firms in the microbiology research in pharmaceutical enterprises were Elililly, Merck and Hoffman-LaRoche.

Presentations of values of Nucleon Inc. are on extensively doing research on CRP-1 molecule through studying genetic sequence. It has provided opportunities for the firm to become most competitive in pharmaceutical. The concern is on the development of technologies used in achieving the original results that helps in gaining patent right. The successes in research ...

Introduction

A shoe is just shoe a shoe and a car is a car. In the same line, Ron Sim, the founder of OSIM knows a chair is a chair. However, how that car, shoe or OSIM chair is marketed makes all the difference. OSIM has been in the market for the last 35 years, and the company has grown from local household to an internal brand. The phenomenal growth has not been the lack of fair share of challenges. The recession that hit Singapore in 1985 was the first propeller for the company to seek international markets. In Singapore alone, the company has no ...

Trip advisor is an existing travel website that provides reviews of information that is travel related, as well as an interactive travel forum. The content therein is generated by the users and is freely available to users who the site relies on for a large amount of the information found therein since the website has adopted a business model that is client oriented.

A VRIO analysis of the resources and capabilities

The VRIO framework addresses four important aspects of a firm. That is Value, Rarity, Imitability, and Organization. Focusing on the case of Trip Advisor, we look at its resources. Being an online based firm, trip advisor's resources are mainly ...

Developing Pricing Strategies and Programs

Market mix for companies includes 4p’s product, price, place, and promotion. Price is the only one among them that produces revenue; the others produce costs. Price is also the easiest to adjust. Rent, wages, commissions, tuition, and fees are the price one pay for some good or service. New economic realities have caused many customers to rethink carefully how they spend their money, and many firms to review their pricing strategies as a result.

Executives make mistakes while pricing their products like determining costs and taking traditional industry margins, not changing the price regularly enough to capitalize on ...

Many sectors of the business world, in US, have long criticized the government regulations and the restrictive nature of business practices. Most businesses often cite the regulations as an impediment to the small, and corporate business profits, and a waste of time and effort. The regulations had been denounced and side-stepped since the early 20th century when the anti-trust laws and income tax laws were enacted.

The anti-trust laws address the following; price discrimination, conspiring to fixed market prices, conspiring to boycotts, monopolization, and conspiring to allocation of markets and consumers. Businesses have to discuss prices with competitors, even ...

Business operations must be complaint to set standards and guidelines. Cases of non-compliant business operations are on the rise in the contemporary corporate society. Arguably, business has become more competitive, prompting various business operators to indulge in activities that breach set standards. It is worth noting that every individual or organization that engages in business operations needs to understand the key indicators of non-complaint operations to be able to detect a violation. As such, it is imperative to underscore that there are various things to look for in order to detect a breach in the operations either for one’s business ...

For a number of years, Nike Company has been the global frontrunner of athletic shoe sales. Nike Inc. keeps on delivering strong growth. Technological innovation is the company’s growth engine as it continues fueling their success as well as challenging them. The company has placed an emphasis on both the design of its products and the manufacturing processes. The spirit of innovation and constant research has helped Nike Inc. to maintain its lead in the industry and stay ahead of competitors. The company employs designers with a solid engineering background; as such the company retains a competitive advantage by having the best ...

The Commonwealth Bank, which has businesses across United Kingdom, USA, Asia, Fiji and New Zealand, is an Australian multinational bank. It offers a wide range of financial services such as insurance, superannuation, institutional, business and retail banking, funds management as well as broking services. It is ranked as the second largest bank in Australia as per the Australian Security Exchange. Some of its brands include Commonwealth Insurance Limited, Commonwealth Security Limited, First State Investments Limited, Bankwest among others.

The bank was founded through Commonwealth Bank Act in 1911 and became the first bank to receive Federal Guarantee due to ...

Amazon is one of the giants of the computer market and is known to be the Wal-Mart of the web. It was predicted to be soon crushed by B&N after its launching; but it has become the most successful e-tailers of web and is doing the crushing itself (Amazon: The Walmart of the web, 2011). In order to compete, Amazon has focused on the pricing strategy as it believes to make the customers cheerful by providing them cheaper stuff. It has a superior business model where the technology is combined with the logistics company (Magee, 2011). It’s competitive pricing ...

INTRODUCTION

Coca Cola Company (CCCL) was established in the year 1892 in the Atlanta state of USA. The company offers a range of beverages as the world’s largest beverage provider having around 500 variants being served to its customers. Coca Cola is a global company with its foot prints across 200 countries of the world in given below proportion: (Coca Cola)

Some prominent players of the Coca Cola portfolio are as follows:

The share of Minute Maid in the revenue of the Coca Cola was 7.27% in 2009 which grew to 7.88% in the year 2013 (Trefis, a). According to the Report Linker’s analysis, Minute Maid is one of the leading ...

Getting admitted to a reputable college is one of the most important goals of a student’s life. Students all over the world struggle with anxiety, exhaustion, lack of self-assurance etc. to go through this phase in their life successfully (Thacker 33). Trying to enter one’s favorite college is an exhausting experience as one spends his days and nights to prepare for the competitive exam. The question is whether it is justifiable to involve too much competition in the admission procedures or not?

If seen from the perspective of supporters of competitive exams, it seems ...

Being a coach requires one to carry out this role based on acquired experience, both theoretical and practical knowledge, moral values, long-formed opinions and reasonable beliefs. Taking proper notice and paying due respect to all the above mentioned criterion are the philosophy itself, and the success of its performance is measured by how well one knows his or her strong and weak points and understands what are the core values and coaching methods.

Athletic coaching philosophy is oriented towards guiding and navigating one’s ward through the area or the field the coach is much more experienced and acquainted with. ...

Well established companies globally are realizing a strong new source of achieving competitive advantage. Supply chain management encapsulates all the related activities that deliver product to the consumers and satisfy the users. SCM combines different areas such as operations, manufacturing, purchasing, physical distribution and transportation. A good supply chain management is responsible for integrating and coordinating the task into processes that are seamless. Carries, vendor, information system and third party companies are also involved.

In organizations, supply chain encompasses a varied functional areas and activities that are related to supply chain management. These include warehousing, inventory control, procurement, supply management and ...

Summary of Crossing Borders: The Globalization Debate

In “Crossing Borders: The Globalization Debate,” the author provides an overview of what globalization is, the benefits of globalization, and the downside of globalization. Globalization refers to a phenomenon of national economic integration signified by the movement of experts, ideas, social customs and trade products across these national borders. Additionally, the conquest of relatively empty and fertile land, international trade, and technological as well as institutional innovations has sustained globalization. Reduced transportation costs as well as developments in ICT have boosted international trade.

The benefits of free trade form the basis of globalization. The competitive advantage accelerated by free trade ...

Management

Introduction Adolph Coors Company is United State’s third largest producers, marketers and sellers of brewed beverages with more than 200 years in business. The company has struggled to grow its revenue over the past few years through the establishment of effective management strategies in order to achieve a competitive advantage in the brewing industry. The company recorded a 13% profit increase in beer sales during the time when the domestic beer production was grounded. In addition, the company’s revenue from beer sale and marketing rose by one billion US dollars. The following aspects made the company very completive ...

Different Market Structures

- The different market structures are summarized in the table below (Template A). - Examples of different market structures

- Perfect competition – New York Stock Exchange In the NY stock exchange there are many small firms that offer the same type of services (brokerage). The fees charged by these firms have very little variance. There is also very little government intervention on how to compete in the market, and as such, any person can enter and exit the market at any time.

- Monopoly – Energy distribution Electricity distribution is a monopoly. Normally there is only ...

The current study examines the notion of Megacommunities. The first part comprises a definition of a Megacommunity, and the second part provides an example of a Megacommunity in the real society. A definition of a Megacommunity may run as follows: a socially created sphere with the purpose of uniting organizations and individuals to resolve an important complex issue. To succeed, they have to observe certain practices. A Megacommunity usually comprises more than one organization. It is important to note that they may be either competitive or collaborative as to their nature. A Megacommunity is not compulsory a business entity or a partnership acting in a public or a ...

The biggest problem that Borders faced was bankruptcy and quick turnover of managers affecting smooth running of operations of the firm (Hitt et al., 2007). Borders were once a giant book store at the time employing over thirty thousand employees and having over one thousand three hundred large stores. Back in the 1990’s when the firm operated at its peak its stocks traded for over $35 per share. In 2011, the firm faced bankruptcy; it had to downsize its operations to six hundred and seventy-four stores manned by a staff of nineteen thousand five hundred. Its share prices also fell ...

The corporate strategy of the firm is based on a number of factors and various elements. There are virtually tens of viewpoints and narratives on which a firm can build its core objectives. These viewpoints serve as a basis towards uniform criteria for strategy development and maximum utilization of firm’s capabilities. The corporate strategy making has gone a long way since the industrial revolution and the introduction of mass production. Various theories have been proposed by business theorist and intellectuals that revolve around maximizing a firm’s performance and competitive advantage. The evolution of those thought processes and later experiments in real business ...

Introduction

Costco, the third largest retailer chain in the U.S. and the seventh largest retailer in the world, has significantly grown in the last ten years, a critical period disrupted by the great recession, e-commerce revolution, and global competition. Although a big number of retailing enterprises failed to survive the difficult challenges of the decade, Costco demonstrated an outstanding revenue growth performance over its key competitors – Wal-mart (includes Sam’s Club), BJ’s, Target, Sears, and JC Penney. However, based on an analysis of the 10-year financials of Costco and its key competitors, the profit performance of Costco has not ...

Weaknesses

Competition One weakness to opening an online derma-cosmetic business is the competition. This industry is not new and many are already successfully running their own businesses. It can then be hard to enter this market.

Inability of Customers to Sample Products

Still, another weakness is that unlike brick-and-mortar stores where customers can sample products, this can’t be easily done with online stores. This becomes a weakness in that the store will not be able to easily promote new products as customers won’t have the chance to try them or even see them in their actual form.

Difficulty in becoming a Reseller for Large Brands

In addition, it may be quite ...

Carrying out a thorough industry research and analysis is a vital criterion of a business. This stands true for Gloria Café as well. We have applied the porter’s five forces model in order to find out and assess the external business environment well. As part of this model, we have analyzed 5 important areas; such as, threats of new entrants, supplier’s bargaining power, buyer’s bargaining power, threats posed by substitute products and the level of competition faced from the existing competitors. Although the current threats of new entrants is quite low it may increase dramatically, if the investors see a ...

Advantages and disadvantages of Licensing: The Case of Walt Disney Consumer Products, DCP

Introduction

Walt Disney owns and runs the affiliate Walt Disney consumer products, DCP, that extends the organizations main brand, Disney, to merchandise including books, magazine, stationery, animation art, electronics and books through the organization’s lines of business; Disney fashions, Disney foods, Disney toys, Disney health and beauty and the Disney stationery (Jalan, 2008). As a licensor, the organization provides licensing services to foreign companies willing to market the Disney product in various nations, most of which are located in Europe and Asia. Disney Corporation holds and maintains the product ownership through patenting, and only allows the client to ...

I would like to start a small clothing boutique. I love clothes and I know a lot about fashion. The market for clothes is very large because clothing is a basic need. People like items that are stylish and trendy. Therefore, I need to do a lot of research on the tastes and preferences of the consumers so that I can avail to them the kind of clothes that they desire. There are business laws that must be followed while carrying out the clothing business. The laws are meant to promote fair competition, promote the economy of the country, and ensure that the ...

Globalization is a modernization and western process through which societies move from a traditional to a modern setup. As a result, it unites various societies in the world today almost making the world be a global village. It brings along rapid changes since people can interact more closely with one another and thus effects on various sectors. In addition, globalization involves shaping of new systems from simultaneous to differentiated social occurrences such as changed realities. In the changes brought about by globalization, the education system is not left behind and is impacted in all levels from the low levels to higher education.

The rapid ...

The five force analysis is key in establishing the competitive environment of any business entity. In this case, this analytical tool will help in shedding light on the nature of the business environment that China Airlines finds itself in-the airline industry.

Threats from existing competition within the industry: The China Airlines has in the recent past faced completion from various existing airlines within its regional airline industry. Taiwanese airlines (Eva airways) and Chinese Low-cost based carriers have over the years offered substantial competition to the China Airlines. The competition has made the airlines review its business model in order ...

Introduction

The ranking system has taken away the credibility of the school system. The focus have changed, and the result is “students are no longer the focus of schools but platforms for competition” for the benefit of the schools. This paper establishes the un- credibility of the ranking system, and that the school board of Fairfax County was right in eliminating ranking, despite ranking being a common practice in the current schooling system. Higher-ranking students take a positive view on rankings system. These are a good thing, from a ranking perspective as it makes it easy to identify strengths in an instant. However, ...

Project Part 2: Organizational Overviews

Sugar Brush Resort was opened in 25th December the year 1958; the founder members were Damon and Sara Gadd in partnership with Jack Murphy. This era was referred as the Gadd Era which was between 1958-1977.The team was able to get influential people such as Kim Novak, Olleg Cassini and his brother Igor who was a gossip columnist; they became frequent customers of the resort contributing to its publicity. In 1977, the resort was sold to Roy Cohen, who managed it up to the year 1983.During the Cohen era, the resort was expanded, and Cohen was able to purchase the ...