Questions On Advancing Career Development

Currently, I am a senior at the Academy of Arts, Careers and Technology studying the field of Graphic Designing. Throughout the entirety of high school, I have tried my hardest to succeed and do the best that I can do. Through my experiences at the Academy of Arts, Careers and Technology, I have learned a lot about the future, our society, and myself; I have decided to not become a Graphic Designer and actually go to towards the direction of the human body, as I have always been curious. I plan on going to the University of Nevada, Reno and graduate with pre-medicine, then to go to graduate school and specify to become a surgeon. Also, throughout high school, I have been able to be an active community member and I have had the opportunity to

Ever since I was little I loved taking things apart especially electronics and just learning how things worked. Recently I got into computers around when I started high school and now that sort of has become my hobby. I was originally going to try to be a mechanical engineer then I started to consider computer and electrical engineering. I believe I would like computer or electrical engineering for a career choice because of my interest’s in electronics and how they

Porter’s Five Force Model: This tool deals with the study of forces which have both internal and external impact on the industry. It analyses the competition factors in market and the process by which the organization competes to make more profits. The results of this analysis are helpful for the business managers to take strategic decisions.

Ford Motor Company is the world’s fifth largest automobile maker based on vehicle sales. Ford Motor Company exercise the Five Forces analysis. Michael Porter developed the Five Forces analysis model for analyzing the external factors in firms’ industry environments. Ford obligation is to enroot policies and approaches that reciprocate the most convincing forces based on the company’s external factors in the global automotive industry. Considering competition is the most compelling external force in the automotive industry environment. Ford watched their strong and moderate force see what area they need to pinpoint work in. The Competitive rivalry was their strong force, bargaining power of buyers or customers, bargaining power of suppliers and threat of substitutes was their moderate force and last threat of new entrants or new entry was their weak force. After gathering the information Ford result of the Five Forces analysis shows that competition

Michael Porter five forces model is used to analyze an industrial environment and then to develop appropriate strategy for success for the product of industry ( Porter, ME, 1998)

Porter five forces analysis is a framework to analyze the level of competition within an industry and business strategy development. It draws upon industrial organization (IO) economics to derive five forces that determine the competitive intensity and therefore attractiveness of an Industry. Attractiveness in this context refers to the overall industry profitability. The overall industry attractiveness does not imply that every firm in the industry will return the same profitability. Firms are able to apply their core competencies, business model or network to achieve a profit above the industry average.

Porters five forces analysis is a framework to analyze the level of competition within an industry and business strategy development. It draws upon industrial organization (IO) economics to derive five forces that determine the competitive intensity and therefore attractiveness of an Industry. Attractiveness in this context refers to the overall industry profitability. An "unattractive" industry is one in which the combination of these five forces acts to drive down overall profitability. A very unattractive industry would be one approaching "pure competition", in which available profits for all firms are driven to normal profit. This analysis is associated with its principal innovator Michael E. Porter of Harvard University.

Michael Porter introduced a model known as Porter’s five forces for analyzing the structure of an industry. His model is recognized as the foundation for a thorough competitive analysis.

Porter five forces is model that is used to analyze competitive strengths of company. It is used to analyze strengths of company. It also provides identification of industry competition. This model analyzes five forces for analyzing competitive intensity of company. This model allows organization to take steps by considering its strengths. It allows organization to reduce its weaknesses. It provides control of competitors in the same in the same industry. This model is used to analyze that whether products of organization have opportunity to increase profit or organization or not. Janet should use this model for developing appropriate strategies in order to increase its market growth.

Porter’s framework or also known as Porter's five forces model, introduced by Michael E. Porter who have well analyze and richly identifies five competitive forces that shapen every industry and able to determine an industry's strengths, weaknesses, threats and opportunities. Bargaining power of supplier, bargaining power of buyer, degree of market competitive rivalry, potential entrants and degree of substitute are the five forces of Porter’s framework.

This lesson mainly addressed aspects related to career development. This lesson encourages students to discover their academic and personal strengths, their skillsets, and their interests. Students then take those concepts and apply them to career exploration. They are able to link their strengths, preferences, and abilities to potential future career paths. Some of the specific aspects of career development that I addressed include applying planning and career exploration in setting and obtaining lifelong career goals, applying necessary skills for career readiness and success, and teaching students where and how to obtain information about post-secondary options. In this lesson students are encouraged to apply decision making skills to place different careers into the appropriate career fields. In doing so, they are also encouraged to begin thinking about careers that are of interest to them and what career goals they have for themselves. They will be given resources in order to continue career exploration outside of the classroom. While I do not expect sixth graders to fully decide their career path, it is my firm belief that it is never too early to get students thinking about careers and having them set goals in order to obtain the career and future that they desire. I also believe that this unit touches on social and emotional development as well as academic development. This lesson allows the student to collaborate with one another and work in groups as well as in pairs. This promotes relationship building and teamwork. It also allows students to take an inventory of their personal strengths and skillsets. This could boost self-esteem and promotes a sense of self-awareness. Lastly, this unit also encompasses academic development. Students will understand that good grades and academic success are key elements to obtaining the career that they wish to have. By being academically successful, this will allow them greater options and opportunity post high school graduation.

Until recently, the dominant theory applied to factors driving profitability of an industry was Porter’s Five Forces Model. As the name implies, the level of competitive intensity within an industry from five specific sources determines attractiveness of an industry to potential entrants. Porter developed Five Forces Analysis in response to SWOT analysis, a model he found too vague.

Porter’s Five Forces model is designed to assess the attractiveness of an industry based on the actual or potential competition through the following five forces: Rivalry Among Existing Competitors; Threat of New Entrants; Bargaining Power of Buyers; Bargaining Power of Suppliers; Threat of Substitute Products or Services

Michael Porter 's Five-Force model, as described and illustrated in “Porter’s Five Forces: A Model for Industry Analysis (Article from QuickMBA.com)”, goes beyond the traditional industry competitive analysis that would just compare Rivals, both current and potential, to include Suppliers and Buyers and also Product or Service Substitutes. I have not yet read Porter’s “Competitive Strategy” (1980), but understand that it is the definitive work on the introduction of the Porter Five-Force model (1979) and describes how the model can be used as a tool to not only

In the world of banking and finance nothing stands still. The biggest change of all is in the, scope of the business of banking. Banking in its traditional from is concerned with the acceptance of deposits from the customers, the lending of surplus of deposited money to suitable customers who wish to borrow and transmission of funds. Apart from traditional business, banks now a days provide a wide range of services to satisfy the financial and non financial needs of all types of customers from the smallest account holder to the largest company and in some cases of non customers. The range of services offered differs from bank to bank depending mainly on the type and size of the bank.