Business Law Essay

1. Discuss industry attractiveness. Be sure to include Porter’s Five Forces analysis in your answer. The US information technology (IT) industry is one of the largest in the whole world and is made up of leading companies such as IBM, Microsoft, Google, as well as midsize and smaller companies. The industry has revolutionized the American economy in that every organizational aspect incorporates technology. The IT industry attractiveness can be summarized as follows: - Bargaining power of…

PART FOUR: ALTERNATIVE ACTION SELECTED. AliExpress is a growing business which aims to conquer the World and count billions of users shortly. However, the number of complaints and dishonest sellers affect the organization’s credibility. Consequently, the company needs a plan to encourage customers to trust its platform and services. Research and investigations have resulted in the proposal of five alternatives to solve the problem. 1. Alternative one: improve and continue to promote the Buyer…

failure of a company. In the case of Alibaba, Jack Ma experimented with a number of leadership styles while building his own empire in order to find the one that best fits the company. Another reason for Ma to incorporate many styles to lead his business is because every stage of its growth would require different management approach. Being born and raised in China, the founder of Alibaba is familiar with the concept of autocratic style (Schermerhorn & Wright, 2014). Although Alibaba was first…

Introduction Core competences are the strengths or strategic advantages of a business, including the combination of shared knowledge and technical capacities that allow the business to be competitive in their market (Core Competencies, 2015). When businesses first identify their core competences, they must focus on what competences will help their business grow and provide improved innovated products or services for their customers. Businesses can use their core competences to create new…

The ‘Porter’s five forces analysis’ helps a business determine the long term attractiveness and profitability of the industry it is operating in, (Cite Magazine/Textbook) but also allows a business to examine the amount of power it has over a number of factors in its immediate environment. (Cite Magazine/Textbook) The five forces analysis examines the threat of new entrants to an industry, the threat of substitutes to a business, the bargaining power of suppliers, the bargaining power of buyers…

Several ideas and businesses visions with digitalization, big data as well as analytics were recombined into business. According to that now people are able to share goods and services by different people and organizations, and a good example of it is Car Sharing. There is overwhelming evidence corroborating that traditional way of renting a car, changed do to improvement of innovative business plans, products, and digital technologies, moreover with opportunities given by internet networks. On…

Introduction Relationships are important in every aspect of businesses. One of if not the most important relationship is within the Supply Chain network. Building the relationship takes time and companies have to find the balance between revealing too much information and not providing enough information to the vendors. Target has built their supply chain on relationships and communication. Relationships In Target’s Supply Chain The absence of relationships in a supply chain results…

SWOT When studying the potential for a new business or product, a SWOT analysis helps in determining the likely risks and rewards. This analysis is a simple but widely used tool that helps in understanding the internal strengths and weaknesses and the external opportunities and threats. STRENGHTS According to all the information gathered and the questions answered by the managers, the strengths of the company are many. First of all, the main competitive advantage of SIDEM is the high quality…

to ensure the continuity of the operations and business. CCC can still generate revenues but with low profit margin. However minority ethnic group will continue to benefit from higher autonomy and power-group culture. They could also continue to resist new change implementation in future. It can be even higher threat if Aziz´s group collectively plans to move to another company for employment suddenly. The contribution of new managers to the business will remain questionable. 2. Move forward…

firms in overseas that can help the company growing rapidly in its business sector. Grow in this essay means that the company focuses on its core business while they are doing restructuring less profitable business unit simultaneously. M&A (Merger and Acquisition) is a major way that the can do as a type of reorganization of growing company. Upon giving answers to the given questions, I would argue how…