1. INTRODUCTION It is a well-known fact that Botswana’s economy is based on mineral resources especially diamonds. As such since the 2008 economic meltdown, the diamond market has not thrived as well as it used to, prompting the Government of Botswana to come up with ways of diversifying the economy and reducing reliance on the mining sector. The main challenge for the country now is how to diversify its economy and reduce heavy reliance on diamond revenue. Therefore in 2010 the Economic Diversification
is Irish low cost airline which has become Europe most popular aviation providers (Eleanor, 2016). 1. Resources The resources of an organisation are those assets that deliver value added in the organisation (Lynch, 2015). According to the resource-based view, firm performance is achieved through competitive advantage that derives from the application of resources that are valuable, rare, difficult to imitate and unable to substitute (Barney, 1991). 1.1 Types of Resources Tangible resources A secure
Nontraditional fee-generating activities are included investment banking, insurance, underwriting and venture capital etc. These activities helps banking firms to generate a substantial amount of non-interest earnings. For example, in the traditional banking system, loan servicing charges and securitization charges do not exist but now a days these are a part of income of a banking company. The growth of non-interest income has been attributed to three factors: deregulation of financial mar-kets, technological
it can achieve publicity on an international scale. It is conducive for Tata to increase the company’s business diversity across markets and product segments, which brings Tata advanced technology, low cost engineering and design to the industry. Based on Market analyses, acquisition is a fast way to bring the brand into a new market. The competitive advantage was the main supplier of automotive high-grade steel to JLR and other automobile industries in the US and Europe. Jaguar’s vehicles are high
factors. As such, our identity as future lawyers is affected by the ethic of professionalism. In this paper I would elaborate the very essence of professionalism from the early age till present and show how it is affecting the legal system. Most professions are based on a specialized body of knowledge and skills, and restricted to those who prove their competence. Law is one of those professions, which is conducted in the interest of those it serves and of the public generally. In addition, some
After studying KNJ, we feel that the long-term financial success of your company can be met by diversifying into new markets. This would allow you to leverage your expertise as a producer of large scaled machinery to financial stability. Diversifying your product range to new customers would expand your market reach, which would directly enhance sales and profits. By expanding market reach and customer base, diversification also indirectly raises your profit margins by improving your economy of
Trends of the total market Trends of the total market is forecasted to decline, Unemployment figures will remain higher than pre global crisis which will affect customers purchase conditions for major household items, such as groceries. Improved low-cost private-label products have become increasingly attractive to customers, especially low-income families. Consumers prefer lower priced and ‘on-special’ items, rather than higher price items. The private-label products will continue to grow and extend
investor aims to maximize returns while minimizing risk. Individual securities must be evaluated not only on the risk-return trade-off in isolation but also on their contribution to the risk-return tradeoff of the entire portfolio. This memo will be based on the Constructing and Managing a Portfolio Simulation that details the fundamentals of portfolio construction in relation to the risk-return tradeoff and the relationship
Citizen by Claudia Rankine is a very powerful book that critiques racial issues in society today. The quote, “I feel most colored when I am thrown against a sharp white background” encapsulates the book as a whole. The many stories throughout provide every day examples where racism is demonstrated in subtle ways, proving the depths of the underlying racism in America. The poignant examples lead readers to question what can be done to change the attitude of all people, and eliminate the negative effects
According to the resource-based view, firm performance is achieved through competitive advantage that derives from the application of resources that are valuable, rare, difficult to imitate and unable to substitute (Barney, 1991). 1.1 Types of Resources Tangible resources A secure financing capability allows the firm to guarantee