Firms that compete in the global market place typically face two types of competitive pressure. They face pressures for cost reductions and pressures to be locally responsive. Select one: a. True b. False
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- you are in charge of analyzing five new suppliers of an important raw material and have been given the information shown in the table(1=worst, 10=best) management has decided that criteria 2 and 3 are equally important and that criteria 1 and 4 are each four times as important as a criterion 2. no more than two new suppliers are required, but each new vendor must exceed a total score of 70 percent of the maximum total points to be considered performance criterion vendor a vendor b vendor c vendor d vendor e quality of raw material 8 7 3 6 9 environmental impact 3 8 4 7 7 responsiveness to order changes 9 5 7 6 5 cost of raw material 7 6 9 2 7 a. which new vendors do you recommend? b. would your decision change if the criteria were considered equally important?Assume there are two companies in the region, A and B. You currently work for Company B. Both companies service the entire market and have a combined market share of 100%. At the start of the period, A and B split the market evenly with 50% share each. However, A has adopted a new customer retention tool and has projected the following switching matrix. TO FROM A B A 0.8 0.2 B 0.3 0.7 1- What is the projected Market Share for Company A next period?TRUE or FALSE. The larger is the variation in firm demand in an industry with relatively fixed total demand, the smaller are the benefits of clustering. Briefly explain.
- The reason is that some companies in the country are more competitive than others, expalin using porter's Diamond Model.Please help me with this question please note it's one question and not mu a .According to above extract, how will local retail businesses compete with Wal-mart? b . Examine markets and local environment factors as a criteria for selecting a warehouse location and argue the problems local retailers could face as a result of Wal-Mart’s move into South Africa. C. Examine supply chains and regional competitiveness and assess the competitiveness of Walmart in South Africa.An industry's key success factors A) can be determined from studying the "winning" strategies of the industry leaders and ruling out as potential key success factors the strategy elements of those firms considered to have "losing" strategies. B) depend on the relative competitive strengths of the industry leaders and how vulnerable they are to competitive attack. C) are a function of market share, entry barriers, economies of scale, degree of vertical integration, and industry profitability. D) can be determined through identifying an industry's dominant economic characteristics, assessing the five competitive forces, and considering the impacts of the driving forces. E) vary according to whether an industry has high or low long-term attractiveness.
- 7. Subsidies help local and foreign firms in their competitiveness a. False b. TrueEconomics Energy plus biscuit from (Bangladesh) Olympic industries limited is one of the first biscuits in the country to receive ISO certification because of their quality. Once they had high demand in the market but with the evolution of new competitors and changing consumer demand, their market is not as good as before. However, they have launched other biscuit brands to meet the different demands of different consumers. Answer the following questions with proper justification; 1. As Olympic industries have more than 10 biscuits brands, how they should segment their target market, and which segment should be targeted for Energy plus biscuits?It makes most of its smartphones there THE Samsung Electronics factory in Thai Nguyen, in northern Vietnam, employs more than 60,000 people. Its three canteens serve some 13 tonnes of rice a day. It churns out more mobile phones than any other facility in the world. It and Samsung Electronics’ other factories in Vietnam produce almost a third of the firm’s global output. The company has invested a cumulative $17bn in the country. But Samsung is as important to Vietnam as Vietnam is to it. Its local subsidiary’s $58bn in revenue last year made it the biggest company in Vietnam, pipping PetroVietnam, the state oil company. It employs more than 100,000 people. It has helped to make Vietnam the second-biggest exporter of smartphones in the world, after China. Samsung alone accounted for almost a quarter of Vietnam’s total exports of $214bn last year. All this has been a huge boon to Vietnam’s economy. Despite unflattering reports about working conditions in Samsung’s factories, Thai Nguyen…
- Based on the existing environment & the situation at John Francois Stores, & as the Consultant hired by the Company Suggest 4 strategies by name that the Company could undertake to maintain a competitive advantage, and provide a brief explanation of what each strategy means. John Francois Stores Mr. Francois, a very successful businessman is contemplating his next move at the age of 70. As a young man at the age of 16, he dreamt of becoming a “businessman” and would go into stores in the city where he lived and observe how personnel operated. In his exploits, he became very friendly with many of the business owners in the city. As time passed, John Francois obtained four (4) Advanced Level subjects (Mathematics, Geography, English Literature and Spanish). He also enrolled in a Technical Vocational institution and pursued short courses in tiling, plumbing, masonry and electrical maintenance for which he gained certification. Through his qualifications, John was able to secure…. pestle and swot are the same analytical tool that reviews a country's food supply chain. True or falseThe IKEA Company uses the push-based strategy to maintain the relationship with thecustomers as well as collaborate with all the partners and the members of the IKEACompany. However, due to the supplies problem the relationship between a company andits customers is going to be loose and demand uncertainty is high, the supply chain needsto be managed based on realized demand. Therefore in push based strategy firstly weanalyse the need of the customer and then plan to make the outlet and design the productto meet the need of the customer.On the other hand, IKEA Company follows the supply chain strategy that is build to stock inwhich the customer segment is online and popular configuration and the product are based on small number of configuration designed for market with the large production size.Moreover, have the smooth production to cut the cost and have the stock due to massdistribution at multinational level and planning horizon is medium due to change theproduction level with some…