...In America competition is in our everyday lives. Even if it is competing with someone else or yourself it is still considered competition. People are always trying to be the better person. Take politics for example when America is trying to pick a new president there is a competition to see who can win the people’s votes. What makes competition happen every day is because it is in our blood, competition can improve who we are, and competitions defines winners and losers. First of all it is actually in our blood and as humans we like to make ourselves be number one or the best of the best. As Catherine Latterell wrote in her essay “ Competition is part of human nature”(204). There is a saying for it and it is Survival of the fittest. The strongest will be the one to survive if they are more suitable to their environment then their opponents. Here is a good example and it is about an American sport called football. If we had the Miami Dolphins flying to somewhere like New York to play the Jets in the snow most likely the Dolphins are going to lose because they do not normally play in snow because of Florida’s environment is mostly tropical climates. In the story “ We Can Work It Out: The Beatles’ Creative Competition” written by Bruce Glassman says “The major dynamic of this early partnership was now becoming clear.” It was, more than anything, creativity based on competition. Neither writer wanted to be outdone by the others.”(223). These two song composers worked together and...
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...Versus: Competition is a Child’s Best Competitor Life is not fair. One of the most overused phrases still to this day. That phrase is overused for a reason. Life really is not fair. During early adolescence we are taught to share your things, be fair, and that everyone is equal. How nice this American society would be if those virtues of being equal were true, but sadly it is not. As someone’s cognitive abilities develop and they start to assess their abilities, they automatically compare them to others, sometimes not even on purpose. As we grow up we learn that this society is a “dog-eat-dog” world, and if people do not possess the necessary skills and characteristics that one needs to get ahead or be on top, other people who are equipped with those essential skills will not even think twice about surpassing those who are lacking. By the time some people realize that America is dog-eat-dog society, they haven’t been prepared to handle competition correctly. The mere thought of a little competition scares the hell out of most people. That first loss that is handed to them during adolescence where their winning classmate throws up the “L” shape on their forehead and yells out “loser!” is almost unbearable. They completely bomb that group interview and are outshined by others in the same room where they have to openly compete for a spot in a company. Almost your entire life you have to compete either with yourself or others. Competition is very beneficial for adolescents and...
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...Antitrust Practices Michael D. Kelley Chamberlain College of Nursing Principles of Economics Econ-312N Allison Thomas March 24, 2013 Antitrust Practices The search for a current antitrust case has led me to the Department of Justice (DOJ) website and to something near and dear to my heart, beer. Upon reading a few articles, it has been proposed by the DOJ that Anheuser-Busch has requested to buy Modello, the third largest brewer in the country, therefore threatening competition and subsequently changing the marketplace economics. Since there are two main producers of beer in the United States of America (USA) namely Anheuser-Busch (39%) and MillerCoors (26%) accounting for 65% of the marketplace, the merger of Anheuser-Busch and Modello, could potentially violate section & of the Clayton Act. Section & of the Clayton Act state when one company gain’s sufficient stock in an opposing company to the extent that competition would suffer as a whole, then the company acquiring the smaller competitor would be in violation of the Clayton Act, specifically Section 7. In this particular instance, Anheuser-Busch has part ownership in the Modello company, as is. If it is allowed to acquire the remaining portion of the company, it will be able to have such a market share in the beer industry; it can potentially drive up beer prices and upset the entire market. Anheuser-Busch claims it would sell its shares to the competitor, Constellation Corporation, allowing them...
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...Turbo Shower Grace Porter Rasmussen College This essay is being submitted on September 14, 2015 for Grace Porter’s Intro to Business course. Product Design and Development The Turbo Shower system is the first of its kind. This kind of shower has not been seen before in the market. It offers something totally unique with no direct competition. No company has been ambitious enough to integrate so much into a device that has remained virtually the same for decades. Our developers decided to take a chance and tap into a new and exciting market. Our risk paid off greatly. There is no direct competition for the turbo shower system at this time, but there is secondary competition, such as other basic shower units. Physical Features The turbo shower will contain a full LCD HD screen. The screen would vary in size from 40 inches up to 70 inches. It would contain a special screen which would resist water from beading on the screen as well as fogging from the temperature of the water in the shower itself. We would get the LCD HD screens from Sony. The Turbo Shower would contain multiple showers nozzles from almost all angles, allowing the water to truly envelope you if you want that in the showering experience. Also on all the nozzles there would be LED lights that can project ambient mood lighting while taking a shower. Emotional Benefits Turbo Shower would also include basic software. This is for voice recognition, and personal preferences for each shower user, and basic...
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...others insist that competition is but an instinct, bound by blood and instilled into all beings, size and shape disregarded. Every day, you and I compete, simply to live in optimal conditions. Though we may or may not literally fight for or against others, competitiveness is accepted as persistence, the strive for perfection, and understanding that one can always achieve more. Understanding the human nature of competitiveness and how it can be turned into an advantage is paramount to becoming the strongest version of oneself. Social individualism drives the idea of competition; the person that you are differs from your friend, neighbor, and family member. Despite the possibility that all three of these categories could possess traits that belittle some aspects of your personality, one cannot help but have something that they do not. This can be molded into motivation, because persistence will allow you to overcome your weaknesses and hone them until they become strengths, akin to the predator becomes prey or a brother in arms perceiving you as a lifeline. Fervently working at your pace toward a goal and refusing to let it escape your sights, competing with the man trying to take your job will lay that job in your place. Allowing yourself to persist and take what is rightfully yours brings you leaps and bounds towards becoming the strongest version of yourself. Humanity was created under the premise of potential and prospered as such through competition. Vast empires conquered...
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...Olivia Fugate College Writing Competition is Key Although competitive traits are often regarded as a negative qualities in people, they are usually spun in a way that only reveals one side. Being competitive is truly one of the best aspects of a person. Competition can help better yourself, others to better themselves, and even just better everything. Without competitive nature, the world would be dull. There are ways that avoiding our competitive nature can hurt us more than help. A few bi products of harvesting our competitive feelings are as follows: cynicism, gossip, self- denial, jealousy, and ultimately self- hatred. (Psych Alive) Cynicism, or believing that people are motivated by their skeptical interests of themselves, holds individuals to be driven only by solo interests and leaves them with a selfish outlook. Gossip will obviously occur if not actively participating in competition, all that can be done is conversation about how one is better than physically proving it. Self- denial is a possible downfall due to the fact that if someone has never competed to better themselves they may become volatile. You will deny yourself of things and your achievements if you don’t ever strive for them. Jealousy, in agreement with gossip, will lead to self- destruction if you don’t feed your competitive hunger. Lastly, self- hatred. Seems harsh because it’s tough to understand seeing as people think by never comparing ourselves to others they are doing a great deed. It is a common...
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...GREGG OUELLETTE IFSM 300 UMUC Haircuts Stage 1 UMUC HAIRCUTS STAGE 1 29 JUNE 16 I. INTRODUCTION Myra Morningstar is the owner of the small business, UMUC Haircuts. It is a small shop in the college campus area and Myra is looking to expand her business to meet the needs of customers. In order for her to be successful in her new adventure she will need to consider the needs of her customers, use of technology, and competition with the new local competitor. Barriers to entry in the Hair Care industry are very minimal. When it comes to barbershops and salons, there are a few already in the area with a couple more potentials. High customer volume creates much competition in the market. The only barrier to entry is licensing. Barbershops and salons must have a business license along with a few permits (Barbershop Business Guide, 2014). The fixed costs are minimal and no special products are needed. Loyalty to barbers and hair stylists is moderate and incentives to use a particular provider are almost non-existent. The market is close to saturated and this particular area will soon become highly competitive. Threats of substitutes for UMUC Haircuts are moderate to low. II. FIVE FORCES ANALYSIS FORCE | EXPLANATION(Minimum 2 good sentences) | IMPACT (POSITIVE, NEGATIVE, or NEUTRAL) | AFFECT STRATEGY? (YES/NO) | BUYER POWER | UMUC haircuts is high due to different barber shops and spas choices that the customers have around UMUC haircutsThe buyer power will...
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...Jordan Davis Whole Foods Market Baker College Whole Foods Market Economic environment The economic environment is describe as the totality of economic factors, such as employment, income, inflation, interest rates, productivity, and wealth, influencing the buying behavior of consumers and institutions. It has five main components; they are economic conditions, economic system, economic policies, international economic environment and economic legislations. Whole Foods CEO John Mackey has pioneered a different approach for the operation of his company than most large retail businesses. John Mackey has the ideal that business and “crony” Capitalism is fundamentally based on greed, selfishness and the exploitation of consumers, workers, society, and the environment for the goal of maximizing profits.(Mackey 2013). However as his business has grown and become very successful he grew to believe that if ran correctly business and capitalism can be a vehicle to solve most of the economic problems of the world we live in. (Mackey 2013). The economic condition of the world affects the profitability of Whole Foods Company through several different factors. The standard of living in which the customers of Whole Foods Market are subject to dictates the amount of tangible goods they can purchase from the company. Organic offerings cost more to produce that other types of offerings making the price to consumers considerable higher than non-organic...
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...fresh-squeezed fruit and vegetable juice blends that are made on the spot with no additives such as sugars, preservatives, or artificial flavors. The company's main goal is to augment the daily experience of its customers, its community, and its team members through the life-nourishing qualities of fruits and vegetables. The main marketing issues for Jamba or any other company are social, economic, technological, competitive, and regulatory when compared with a environmental scan of the United States of America. If a Juice Club were to be open near our Edison State College campus, an environmental scan would prove to be useful. The strengths could be the college environment since they seem to have expendable income to use. However, the area around the university tends to be a more situated around the middleclass income. The college student is an ever transient demo since they are only here for about 2- 4 years. College students are also not here all year...
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...Antitrust Investigation Marissa Percoco Economics 312 Professor Allen Chamberlain College of Nursing 03-21-15 Antitrust Investigation An antitrust Investigation is intended to stop a large firm from over taking their competitors, eliminate price fixing which is the conspiracy of two or more firms to set the price of a specific practice, (McConnell, Brue, & Flynn, 2012) or interfering with free competition (Antitrust investigation meaning, Retrieved March 22, 2015, from http://dictionary.reverso.net/english-cobuild/antitrust investigation). Although these practices do not happen on a regular basis they do exist. One antitrust case would be the Google antitrust probe that started in 2011. This antitrust investigation was basically started because Google is the dominant navigator and king-maker of the internet. The Federal Trade Commission are the ones who bought Google up on these charges but Googles competitors are happy about the decision. Google dominates the search inquiries by 65% and search dollars by 75.2% this is showing the pecuniary portion associated with the antitrust behavior (Lee, 2011). Google has more than half of the market share associated with search dollars and inquires. Google controls the market for a variety of things like the housing market, map market and the travel market (Lee, 2011). This in turn makes a problem for any other company in the business. Google was investigated under more than one act. Sherman act was one which is an antitrust...
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...responsibility, premium quality. As FT market is growing, JU is looking for expanding its current business or developing a new product line to maintain current market share. Meantime, they facing challenges from having compete with several big brands (ie such as Starbuck, Mcdonald, Kraft who also introduce the FT certified coffees, or Rainforest Alliances certified coffees) and small coffee shops to retain its brand recognition of its customers who request an unique and appealing products. Following are the results from this paper: 1. Market for coffee and tea is in growing, which encourage Just Us! to invest more to expand their market share, compare to sugar and cocoa. 2. Our target segment is mostly those young and educated, say college students and age between 31- 44 years, who are base their purchase decisions on ethical behavior of companies. 3. Serving the interests of fair trade producers by developing personal and long term relationships. External Analysis: PORTER’S FIVE FORCES Threat of New Entrants: Threat of New Entrants is high within the market as there are very few barriers to entry and fair...
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...UMUC Haircuts Stage 1 University of Maryland University College 2016 I. Introduction Myra Morningstar the owner of UMUC Haircut’s has been in business since 1995. When Myra opened her salon in 1995 she had very few competitors in the area. Since opening UMUC Haircut Myra has seen a growth in competition from a variety of salons. There is also news that a Hair Cuttery may be opening five miles away from Myra’s salon. With the concern of growing competition in the area, Myra started to evaluate her existing environment and what could be done to help her to remain competitive. To help her to become more competitive and to grow her business Myra has hired a System Analyst. II. Five Forces Analysis FORCE | EXPLANATION(Minimum 2 good sentences) | IMPACT (POSITIVE, NEGATIVE, or NEUTRAL) | AFFECT STRATEGY? (YES/NO) | BUYER POWER | When the business is able to easily meet the needs of the buyer, the cost to serve the buyer is low. Buyers have a strong bargaining position when they have several options to choose from of the same product. Myra’s customers have several salons in the area that offered the same service as her salon. The buyer power has a negative impact on the business. The increase in options for her customers will affect her strategy because she will have to keep her prices low and spend more money on advertising. | Negative | yes | SUPPLIER POWER | Suppliers have a competitive advantage when they offer a product that very few suppliers offer...
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...Amazon’s Executive Summary Amazon started off as an internet based company under Amazon.com, Inc in July of 1995 and operates as an online retailer in North America and internationally, which was founded in 1994 by Jeff Bezos and formerly known as Cadabra.com and has been very lucrative every since its existence. It’s headquartered in Seattle, WA (Bladeknight, 2008). Amazon continues to operate various retail Web sites, including Amazon.com, Amazon.co.fr, Amazon.co.jp, Amazon.co.uk, Amazon.co.de, Amazon.cn, and Amazon.ca. Amazon specializes in a mixture of products, such as digital downloads, music and games, electronics and computers, movies, books, kids and baby items, toys, home and garden, jewelry, health and beauty supplies, apparels, grocery, auto, industrial items, tools, and sports and outdoors accessories (Amazon.com, Inc 2010). Their additional strategy is to focus more on their first new on-site store in Philadelphia. Amazon’s marketing strategy is to focus on their on-site store in Philadelphia, PA and push for it to be as promising as their on-line businesses. They will implements this strategy by continuing with their competitive pricing and beating anyone of their competitors’ pricing on any one items that is sold in their store or websites. Their consumers would be allowed to purchase products that are not on the on-site store shelves or inventory on-line and have the option to have it shipped to the Philadelphia location. The shipping would be free of...
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...success. This is accomplished by maintaining high quality standards, top notch customer service, and by offering new and exciting products. Dippin Dots offers a very unique/innovative and fun product that none of its competitors can match, thus allowing the franchise to distinguish itself and have an advantage over the competition. The franchise offers a large variety of all their unique items ranging from shakes to fat free and sugar free flavors. By offering a large variety the franchise will be able to attract many different kinds of customers ranging from small children to health conscious customers. After careful examination of the New River Valley, it was determined that Dippin Dots would become very successful in the Radford University area. Move over coffee cafes and make room for the ice cream shops, they are becoming the new social gathering spot for kids, families and college students. There are many advantages of this site location, such as high visibility, high pedestrian traffic, and no direct competition. Promoting Dippin Dots across campus will incorporate their brand image, by using promotional techniques including mailing flyers to all college students attending Radford University, as well as free samples and discounts on selected product items. With such a distinct, futuristic and fun way to eat ice cream, Dippin Dots will not be thought of as a fad, but leave a long lasting impression on customers in the Radford area. Franchisor Background Information: ...
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...Kevin Keleghan Strategy Final 1) I view the distributors as the buyers for reviewing the buyer element. Buyer Concentration: There are approximately 2500 beer distributors in the North American market. As a result, this is a very competitive market, with most distributors willing to do anything to replace an incumbent Anheuser-Busch (AB) distributor. The only counter balance to this is that since AB has such large market share, the AB distributors are very large with great local economies of scale compared to the average distributor. In addition, they will most likely have better relationships with the various retailers in the local market. Overall, AB has the most leverage in the relationship since it is more likely that they can find a suitable alternative for distribution compared to the distributor finding anything close to AB as a manufacturer. Buyer Volume: The implications for this element are very similar to buyer concentration. AB typically looks to develop an exclusive arrangement with their distributors. As a result, the volumes with each distributor (buyer) are very large which gives them some leverage. Once again, since there are so many distributors in the marketplace, AB has the greater leverage in the relationship. Switching Costs: The switching costs are prohibitive for the distributors. Since AB has approximately 50% market share, moving to a competitor would result in financial devastation. In addition, over the past several years, AB has developed...
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