Financial Analysis Project Part 2 SUMMARY OF MANAGEMENT DISCUSSION ANALYSIS Blue Nile, Inc. is the leading online retailer of high quality diamonds and fine jewelry. The company was formed in 1999 and is a Delaware corporation based in Seattle, Washington. The company’s customer base is in over 40 countries around the world. Blue Nile, Inc.’s fiscal year ends on the Sunday closest to December 31. Each fiscal year consists of four 13-week quarters. The key points of the management
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2257 October 6, 2015 982 words Blue Nile Inc. in 2011: Will Its Strategy to Remain Number One in Online Diamond Retailing Work? In the Article, “Blue Nile Inc. in 2011: Will its Strategy to Remain Number One in Online Diamond Retailing Work?”, we identify the Blue Nile Company sustains competitive advantage through the strong practice of Porter’s Five Forces Model. After conducting a Five Forces Analysis, the most important factors in the Blue Nile case, were the threat of new entrants
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Final MGMT 435 Strategic Management and Planning 02/12/2016 1. How does Blue Nile create trust in buying an expensive item like an engagement ring * 2. How does BN educate potential customers * 3. How does BN get users to buy expensive diamonds on a mobile device 4. How does BN make the diamond buying process hassle free * 5. How can BN grow internationally if the internet is not always available* 6. Can BN expand its product offerings beyond diamond and jewelry*
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Using named examples, assess the extent to which conflict over water supplies is inevitable. On Earth, we have many valuable resources and none are more valuable than water which unfortunately is limited in some places more than others. Everyone believes that they have an equal right and due to this, conflict is likely break out around the world. However, conflict is far more likely in countries that are less developed as they depend upon water for agriculture and their livelihoods. One area
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the Nile River on its flood plains. He explains that the Nile River floods every year, and in the process, it irrigates the flood plain along either bank and deposits fresh silt along its banks. He noted that the Nile has three distinct regions (Rennell, 2011).. He further explained that flood waters from the White Nile flow through an enormous marsh called the "Sudd" in the southern part of the modern country of Sudan, and arrive later and more slowly than the flood waters from the Blue Nile and
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that, looking back, her teacher provided an inaccurate, false hope for the future, due to her deep negativity towards her secondary education experience. This point is backed up in the first line of the poem; “You could travel up the Blue Nile”. Of course, the Nile river is, in
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1. How strong are the competitive forces confronting Blue Nile and other online retail Jewelers? Do five-forces analysis to support your answer. There are 27,000 jewelry stores in the United States making this industry fiercely competitive. The rival competitors have high fix costs and this is due to the fact the jewelry is expensive because of its luxury. The competitiveness stemmed from highly fragmented sales amongst local and other retail stores and the fact that there are many avenues in
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Blue Nile Inc. is an online specialty retailer of fine jewelry. Blue Nile was founded in 1999 and today is the largest online retailer of diamonds. Blue Nile is based in Seattle, Washington and competes with traditional jewelry stores such as Tiffany & Co., and online retailer stores such as James Allen. The key feature of being able to search through thousands of diamonds by carat weight, cut, clarity, color and other characteristics, is what attracts many customers to the website.[citation The
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later became Blue Nile. By 2009 Blue Nile has become one of the largest online retailers of diamonds. Selling diamonds is not all that Blue Nile offers, amongst their diamond jewelry there are plenty of other gold, platinum, silver and pearl pieces for purchase. In addition to selling diamonds, it also offers platinum, gold, pearl, and sterling silver jewelry. Blue Nile is a publicly traded company that operates in 25 different counties. It is headquartered in Seattle, Washington. Blue Nile offers its
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was a great project for us. The focus of our examination was to identify the areas where Blue Nile Inc was doing well and point out some areas that require your immediate attention. We hope this analysis will benefit your company and guide it in the near future. PROBLEMS Blue Nile’s objective is to encourage customers to buy their products and that they are very strict in choosing their jewellery. Blue Nile is currently faced with some problems which have to be immediately addressed if they want
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