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    Harvard Business School, Michael Porter, published an article in the Harvard Business Review. The article titled "How Competitive Forces Shape Strategy" outlined the five factors that he believed could help determine the profitability of an organization. The five factors being: the power of customers, the power of suppliers, the threat of new entrants, the threat of substitutes, and industry rivalry. He saw these five factors as being the cornerstone of developing and executing a business…

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    skills for a successful and challenging career in the financial industry. In the summer of 2014, when I just graduated from high school, I was hired at Bank of America Merrill Lynch as a Global Transaction Services Analyst intern through PENCIL, a nonprofit which partners with NYC leading businesses in developing a rigorous workforce development…

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    Mdm Mak Case Study

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    5. Career journey, age 26-56 At 26 years old, Singapore Institute of Personnel Management decided to commercialise and set up their own business. Mdm Mak was asked to join them as she had experience in their administrative work and she agreed. I believe that it was a wise and critical decision, as she had interest in HR and pursuing it would be beneficial to her career in the long run. Mitchell et al, (1999); Krumboltz & Levin, (2004) theory on happenstance supports this view and suggests that…

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    Nantucket Nectars Essay

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    Nantucket Harbor and expanded their floating business to include making fresh juice drinks which customers seemed to love. This prompted the two friends to open Allserve General Store on Nantucket’s Straight Wharf. Other stores in Nantucket began selling their juices and they sold 8,000 cases the first year and 20,000 the following year (Harvard Business School, 2000). While the two friends started the business on what seems to be a whim and with no real business plan or model, they did…

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    result is that this award is problematic, because it only recognized one winner, but what happen to the rest employees that are always on time and do their work everyday. The article published on April 8th, 2013, by Diana Gerderman on the Harvard Business School’s website, title “How to Demotivate Your Best Employees,” is destined to inform and demonstrated that awards such as "employee of the month,” in fact it is harmful to the employer’s motivation. Gerderman use evidence-base details to…

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    Henry Tam Case Summary

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    student at Harvard Business School, decided to enter an annual business plan contest. Hence he had teamed with his HBS classmate Dana Soiman and the founders of a start-up company Music Games International (MGI). The MGI founders – an HBS alumnus and two professional Musicians, then added two students from other institutions into the team, to create a group composed of diverse views and talents. Though the team was productive, conflicts are at its peak and the progress on the business plan had…

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    was published by Harvard Business Review in the July-August 2011 edition on pages 142-147. Tarun Khanna is Jorge Paulo Lemann Professor at the Harvard Business School and the Director of Harvard’s South Asia Institute. Jaeyong Song and Kyungmook Lee are professors at the Seoul National University in South Korea. The intention of the article is to describe Samsung´s crucial approach of moving away from their previous business practices and how they transferred Western business practices into…

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    themselves as entrepreneurs dream of quitting their jobs and going into business for themselves; whether it’s a bed and breakfast, a bookstore, or even “… launching a restaurant and spending their days surrounded by great food and drink.” Johnson poses the question “But what’s it like to actually do it?” and evaluates the dream two entrepreneurs, Diana Dixon and Thomas Sergio, had with vastly different…

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    “One hires the best consultants on airfield layout, noise impacts, terminal layout, on-site roadways, off-site roadways, cost estimating, financial analysis, and forecasting,” observed DIA administrator Gail Edmond. “They brainstorm and generate as many alternate layouts as possible.” Alternatives were discussed and eliminated at periodic joint working sessions, and a technical subcommittee was organized to gather input from the eventual airport users, airlines, pilots, and the FAA. “Everybody…

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    been one of the most exciting and challenging semester for me here at Minnesota State University, Mankato. I got an opportunity to connect with different people and know more about the real-world entrepreneurship. I am thankful to the College of Business department for creating this amazing opportunity for students. I was a part of the IT department on our company. Even though I did not take an officer position, I still tried my best to fulfill my responsibilities and dedicate my resources to…

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