...There is tremendous growth and competition in the alternative beverage industry. Both large and small marketers are launching new products and fighting for limited retail shelf. More and more consumers are moving away from traditional soft drinks to healthier alternative drinks. Demand is expected to grow worldwide as consumer purchasing power increases. PepsiCo was the worldwide leader of alternative beverages with a global market share of 26.5% and a 47.8% share of the U.S. market in 2009. Coca-Cola held a global market share of 11.5%. Although Coca-Cola was the worldwide leader in carbonated soft drink sales, they trailed PepsiCo in alternative beverage sales. Fast on the heels of the larger marketers are Red Bull, Monster, and “other” mainly consisting of privately held bottlers. Red Bull was the world’s number one seller of energy drinks which made it the third-largest producer of alternative beverages worldwide and the number two seller of alternative beverages in the U.S. and Europe. In 2009, Monster was the second-best-selling energy drink brand in the U.S. with revenues growing to more than $1.3 billion. There are hundreds of regional and specialty brands of energy drinks, sports drinks, and enhanced beverages in the U.S. and internationally. Of these, Rockstar was the most noteworthy privately held alternative beverage company. Which of the five competitive forces is strongest? Competitive pressure from rival sellers is high in the alternative...
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...Strategies Case Study #2 Competition among the North American Warehouse Clubs As of 2010 the nearly $215 billion discount warehouse and wholesale club segment within the North American retailing industry consisted of three major competitors (Thompson, C55-73). These competitors included Costco Wholesale, Sam’s Club which is also a Wal-Mart subsidiary, and BJ’s Wholesale Club. All three of these warehouse clubs also competed with a wide range of other types of retailers such as retailer discounters like Wal-Mart and Dollar General, general merchandise chains like Target and Kohl’s, specialty chains like Office Depot and Staples in office supplies and Best Buy in electronics and DVDs, supermarkets, gas stations, and even internet retailers (Thompson, C55-73). The competitive forces which influence these wholesale businesses are the suppliers, substitute products, buyer, new entrants, and rival firms. The strongest force out of these five competitive forces is rival firms. Costco, Sam’s Club, and BJ Wholesales are all competing for equivalent buyers within the North American wholesale club industry and market. BJ while on the smaller scale, does still have competition from both Costco and Sam’s Club, however they have not been as affected by their competition on the East Coast. Unlike BJ Wholesale Costco and Sam’s Club are both international. Even though Costco has a considerable market share they still have pretty stiff competition when it comes to Sam’s Club. The...
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...The competition in the American Warehouse Club Industry is based on factors such as price, merchandise quality and selection, location, and member service. They also had competition from retail discounters like Wal-Mart and Dollar General, general merchandise chains like Target and Kohl’s, specialty chains like Office Depot and Staples in office supplies and Best Buy in electronics and DVDs, supermarkets, gasoline stations, and Internet retailers. The strongest competitive industry force is competition between like firms. This is because all three of the wholesale clubs are so similar. They all had low prices, warehouses ranging from 70,000 to 130,000 sq ft (some up to 160,000), and very low operating costs, sell products in bulk packaging and offer membership. They are all so alike that it pretty came down to which ever store a customer went to first they would stick with. All three wholesale clubs have similar strategies. They sold high-quality brand-name merchandise at prices that were significantly lower than those at supermarkets, discount retail chains, department stores, drugstores, and specialty retail stores like Best Buy. But BJ’s expanded their strategy a little more. It focused on its Inner Circle members through merchandising strategies that emphasized a customer-friendly shopping experience. Club locations were clustered in order to benefit from greater name recognition and maximize the efficiencies of management support, distribution, and marketing...
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...Levels of Product Differentiation in the Global Mobile Phones Market The sixth product level called compliant product is a connecting element between the physical product characteristics and the strategy of the producer company Stanimir Andonov* The article discusses the differentiation among the product offers of companies working in the global markets, as well as the strategies which they use and could use in that respect. The main idea of the paper is that the principle “differentiate or die” (Jack Trout) has died. Today the global brands don’t strive to differ from their competitors in everything and at any cost. As an example, let’s have a global look at the business of mobile phones. In June 1998 Ericsson, Nokia, Motorola and Psion established their own International Strategic Alliance, a private independent company called “Symbian”. Symbian Ltd. is an independent, for-profit company whose mission is to establish Symbian OS as the world standard for mobile digital data systems, primarily for use in cellular telecoms. So, the three biggest mobile phone companies at that time and Psion, a mobile PC company, created a new way for competing and differentiating. Today Symbian Ltd. is owned by Ericsson, Nokia, Panasonic, Samsung, Siemens and Sony Ericsson. Figure 1 shows the percentage of shares of each shareholding company: Figure 1 Shareholding companies of Symbian and their percentage of shares Source: Symbian Ltd. – Company Ownership, http://www.symbian.com/about/ownership...
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...* Ranked 800 among 4lakhs in the Extended Merit list in IIT –JEE 2009. * Top 1% and ranked 10,436 in AIEEE among the 10 lakh students and able to get admit into the NIT Surathkal in 2009. * Top 0.75 % among 3.5 lakh students and ranked 2,700 in EAMCET State Level Engineering entrance examination in 2009 * Received a scholarship of 40% waiver on tuition fees in 11th class and 12th class in Sri Chaitanya Junior College, Visakhapatnam from 2006-08 * Topped the college among 400 students securing 100% in Mathematics Subject in 12th standard in 2008. * Topped the college among 400 students securing 100% in Physics and Chemistry Subjects in 11th standard in 2007 * Topped the School among 300 students in Science subject in class 10th in 2006. * Ranked Second in class among 78 students in Academics at school for Three years in classes 6th, 7th and 10th. * Ranked Second among 250 students in St. Joesph’s School Entrance Examination for admission in school in the year 2000 * First among 250 participants in Inter School Quiz competition organized by our School as a part of Annual Celebrations, in class 10th in 2006. * Second in District level Quiz Competition organized by a most reputed newspaper ‘Prajasakthi’ in class 10th in 2005 * 15 Schools participated in the competition comprising 500 students which involved Three Rounds * Second prize in District level Quiz Competition organized by Gurana Ayyalu Charitable Trust Educational...
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...3.2 Guiding Principles Guiding Principles Guiding Principles Guiding Principles Guiding Principles To achieve the development objectives, tTo achieve the development objectives, t To achieve the development objectives, t To achieve the development objectives, t To achieve the development objectives, t To achieve the development objectives, t To achieve the development objectives, t To achieve the development objectives, t To achieve the development objectives, t To achieve the development objectives, tTo achieve the development objectives, tTo achieve the development objectives, tTo achieve the development objectives, t To achieve the development objectives, tTo achieve the development objectives, t To achieve the development objectives, t To achieve the development objectives, t To achieve the development objectives, tTo achieve the development objectives, t To achieve the development objectives, t To achieve the development objectives, tTo achieve the development objectives, t To achieve the development objectives, t To achieve the development objectives, implementation framework he implementation framework he implementation framework he implementation framework he implementation framework he implementation framework he implementation framework he implementation framework he implementation framework he implementation framework he implementation framework he implementation framework he implementation framework he implementation framework he implementation framework he implementation...
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...11 General Equilibrium and the Efficiency of Perfect Competition Prepared by: Fernando Quijano and Yvonn Quijano General Equilibrium and the Efficiency © 2004 Prentice Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair © 2004 Prentice Hall Business Publishing C H A P T E R 11: Perfect Competition • Input and output markets cannot be considered separately or as if they operated independently. Principles of Economics, 7/e Karl Case, Ray Fair 2 of 33 General Equilibrium and the Efficiency • Partial equilibrium analysisis the process of examining the equilibrium conditions in individual markets and for households and firms separately. • General equilibrium is the condition that exists when all markets in an economy are in simultaneous equilibrium. General Equilibrium and the Efficiency General Equilibrium and the Efficiency of Perfect Competition General Equilibrium and the Efficiency of Perfect Competition • In judging the performance of an economic system, two criteria used are efficiency and equity (fairness). • Efficiency is the condition in which the economy is producing what people want at the least possible cost. of C H A P T E R 11: Perfect Competition © 2004 Prentice Hall Business Publishing Principles of Economics, 7/e Karl Case, Ray Fair 3 of 33 © 2004 Prentice Hall Business Publishing C H A P T E R 11: Perfect Competition of Principles of Economics, 7/e Karl Case, Ray...
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...Bennett Learning Team C Reflection: Market Structure 3.1 Compare various market structures and their characteristics. Perfect competition Monopoly Monopolistic competition Oligopoly Example organization Old Navy, Belk’s, Forever 21 Standard Oil Wal-Mart, Lowe’s, Sam’s Club Delta Airlines, United Airlines, OPEC Goods or services produced by the organization Identical to competitors No close substitutes, which allows for the monopoly to control the supply and market. Competitors create different products or goods. Can produce either differentiated or identical products Barriers to entry None Very High No barriers to enter or exit the marketplace High barriers of entry Number of organizations Many, to create competition One large one single firm Many, to create competition Few large firms that are interdependent Price elasticity of demand Price elastic Price inelastic Price more inelastic if the firm produces different goods from its competitor, and elastic if similar products are produced. The firm has less control over the price it can charge for output. Price is located somewhere between competitive and monopolistic pricing, but can vary depending on interdependence with among competitors. Is there a presence of economic profits? Short term yes, but long term no Possibility in the long term for profit...
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...Running head: VIRTUES OF COMPETITION A Competitive America Tonya Y. Stansberry DeVry University Abstract American businesses are based on free trade in a Capitalist system. In its simplest form this means that each business is free to compete with the next. That the entrepreneur is free to risk and open a business whether it is for social gain or profit. Businesses openly compete for the business of the client or customer because they need the income. Businesses have been competing among one another since the industrialization of the United States of America. There have not always rules and regulations to govern fair and equitable trade and business practices. However, with competition came regulation for business and trade. A Competitive America As Americans we love to compete. Therefore it is no wonder that the United States economy is based on competition. Promoting competition is accepted as the best way to promote consumer well-being. America’s anti-trust laws have been in place for more than 100 years, since the Industrialization of America protecting the consumer’s rights. However, more countries have passed anti-trust laws in the past 20 years. America’s anti-trust laws were passed to focus on anti-competitive practices. Americans have long loved free market system and the competition that it fosters. Competition among businesses has been regulated by anti-trust acts recently; however they help to maintain a fair and...
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...House of Kebab Contents 1 Introduction 2 1.1 Company Summary 2 1.2 Company Ownership 3 2 Five Forces Model and Analysis 4 2.1 Barriers To Entry 5 2.2 Supplier Power 8 2.3 Buyer Power 10 2.4 Threat of Substitutes 11 2.4.1 The Threat of Substitutes are High 11 2.5 Rivalry among Existing Firms 12 3 Conclusion 17 INTRODUCTION House of Kebab is a locally owned fast food outlet that will be positioned as an international franchise through our creative approach to the company's image and detail presentation. House of Kebab will provide a combination of excellent food at value pricing, with fun packaging and atmosphere. House of Kebab is the answer to an increasing demand for kebab and shawarma fast food. In today's highly competitive environment, it is becoming increasingly difficult to differentiate one fast food outlet from another. Our main priority is to establish one outlet in Kuala Lumpur, preferably in one of prominent housing estate. Later, our effort will be a further development of more retail outlets in the surrounding area. House of Kebab will entice youngsters to bring their friends and family with our innovative environment and our main focus will be serving high-quality food at a great value. COMPANY SUMMARY House of kebab sells specially made shawarma sandwich-like wrap usually composed of shaved lamb, goat, chicken, turkey, beef, or a mixture of meats and kebab which consist of thin slices cut from a cylindrical block of minced...
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...Who Enforces the Antitrust Laws? The antitrust laws are enforced by both public and private parties. A. Government Enforcement The United States Department of Justice Antitrust Division (“DOJ”) and the Federal Trade Commission (“FTC”) share responsibility for investigation and litigation of cases under the Sherman Act; and, review potentially anticompetitive mergers under the Clayton Act. There is not a formal system by which the DOJ and the FTC divide enforcement responsibilities, the agencies devote resources to particular industries where they have investigated or litigated in the past. Typically the DOJ will review mergers in transportation industries, such as airlines or railroads, as well as the telecommunications industry. The FTC focuses its enforcement responsibility in the oil and gas, pharmaceutical, and health care industries. State attorneys general have authority to enforce federal and state antitrust laws. States investigating a matter arising under the federal antitrust laws will jointly investigate with either the DOJ or the FTC, or may conduct a separate investigation. Individuals or businesses that violate antitrust laws are subject to civil penalties that vary by state per violation for individuals, and vary by state per violation for corporations. In addition, state attorneys general have authority to seek restitution on behalf of the citizens of their states as a result of violations of either the federal or state antitrust laws. Some states allow Attorneys...
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...Doing Business in Pakistan 1. Methodology 1. Choosing the topic 2. Formulating the research questions 3. Objective of the Research 4. Research Model 2. Theoretical Framework PEST Analysis Political and Legal Environment Economic Environment Socio-Cultural Environment Technological Environment Porter Five Forces Threats of New Entrants Intensity of rivalry among existing competitors Bargaining Power of Buyers Bargaining power of Suppliers Threat of Substitutes Ansoff Matrix Summary 4. Empirical Findings Uncontrollable Environmental Factors Political and Legal Environment Economic Environment Socio-Cultural Environment Technological Environment Porter Five Forces Threats of New Entrants Intensity of rivalry among existing competitors Bargaining Power of Buyers Bargaining power of Suppliers Threat of Substitutes Summary Methodology 1.1Choosing the topic: Here we will describe why did we choose a selected topic. 1.2Formulating the research questions: After choosing the research topic, there was a concern that what should be our research question? So, we should focus our research on the issue that what can be suitable and effective marketing strategy for our selected industry in Pakistan? A suitable...
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...------------------------------------------------- Species in the environment, r and K selection K and r selection: * r - the intrinsic rate of increase * K - the carrying capacity for the organism in that environment * r and K selection was an early attempt to identify life-history distinctions * r-selected species do well at low population density, and are at an advantage in frequently disturbed habitats * K-selected species do well at high population density and are at an advantage in constant or predictable habitats * Heuristically very useful as it allows use to predict the types of species likely to occur under different disturbance regimes R selection: * r-selected species have a rapid rate of population increase. * This is typical of species that colonise short-lived environments or of populations that undergo large fluctuations * Eg. Weeds, aphids, bacteria K selection: * K - selected species have superior competitive ability in stable environments where rapid population growth is unimportant as the population is maintained near K Ways to categorize/class species: * By biome or community type * By life history strategy * By life reproductive strategy * By basic approach to the environment What governs the distribution of species? * Evolutionary factors populations separated on to geographically distinct regions have different evolutionary trajectories * Dispersal constraints species may not have...
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...Contents 1. Introduction. 3 2. The importance of trade globally. 4-5 3. Gains from international trade in Canada. • Trade and specialization. 6 • Trade domestic competition. 7-8 • Trade and productivity in Canada. 8-9 • Trade and prosperity in Canada. 9-10 • Trade and wages. 10 4. Internal trade barriers. 11-13 5. Conclusions. 14 6. References. 15 INTRODUCTION Canada has always been a country engaged in trade, although its inhabitants were not very willing to deal with it. Historically, Canada was a very large area, bigger in size in contrast with the number of residents. For this reason, there was always been a need to export the excess products. This situation slowly helped Canada to adopt commercial policy measures and the development of its commercial activity...
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...UnitedHealth Group is a diversified health care company, and a worldwide leader in helping people live healthier lives and taking the necessary steps in making the health system work better for everyone. The UnitedHealth group serves more than 85 million individuals worldwide with health benefits and services. In 2012, they produced revenues of $110.6 billion and were ranked number 17 in the Fortune 500. The economic and political segments would rank the highest in influencing the UnitedHealth Group. The economic segment includes factors such as interest rates, inflation, trade factors, personal, and business savings. These factors affect the income received by individuals, business, and the company in question in this discussion. Inflation is a very critical factor in the operation of UnitedHealth Group organization because inflation rates affect the level of premiums that are determined by the company’s underwriters. When the inflation rate is high, the decision to raise the insurance premiums may be affected as the general prices of goods and service are also high. The economic segment also influences the profitability of the corporation at the great extent. When the economic conditions are favorable, the corporation may attract large customer base. Taxes imposed on a company, is another factor to consider when looking at the economic segment. When there is a budget deficit, the government has to tax the corporation more to fill the deficit. This will affect the corporation...
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