Marginal cost

3. PORTER’S FIVE FORCES (MICRO ANALYSIS) Porter's Five Forces is Harvard Business School’s Competitive Position Analysis. It was developed as a simple framework for assessing and evaluating the competitive strength and position of a business organization (Porter, 1980). The base of the theory is the concept which consists from five forces that determine the density of competition and market’s allurement. Five forces of Porter help to determine where power lies within a business situation. It…

It may also negatively impact the customer’s perception of our company. Cost Management (.2) By improving and focusing on cost management, we would gain a competitive advantage in our industry. Wavelength (.2) This area is indicative of our relationship status with our suppliers and the better our relationship is with them, the more willing they are…

PRECISION STEEL FABRICATION Equipment Purchase Decision – Lase Tube Cutter Business Case Tejaswi Pinninti (TPINNI6348) Executive Summary: The Primary issue that is faced by Precision Steel Fabricators (PSF) in this case involves whether we should be purchasing a new industrial laser tube cutter or should we continue using the same equipment’s that are being used currently. The final decision is on the hands of Tripper Hawthorne, the CEO of the company. The in-depth…

From the ROC plot, It compares the train model vs. the valid model performance and it clearly states that train model is more efficient than valid model. Train model has more efficiency to predict that which customers would purchase the affinity card. Scorecard Points Overall N Overall % AFFINITY_CARD has an affinity card no affinity card N % N % BULK_PACK_DISKETTES NO PURCHASE 0.00 276.00 36.85 73.00 38.42 203.00 36.31 PURCHASE 24.00 473.00 63.15 117.00 61.58 356.00 63.69…

Each of the above-mentioned options has its own pros and cons. These will be discussed in detail in the next chapter. In short, strategic alliances can have low capital and low management input and in FDI's you can have higher management input but with higher capital investments. It is never easy to finalize the entry strategy for an international expansion. The firms' resource commitment, profits, the degree of control and investment opportunity is at a very high stake. (Shrader, 2001: 51). It…

According to Kotler, Armstrong (2016) service perishability means that services cannot be stored for later sale or use, which may be considered as a disadvantage to marketers in services industry. Service value exists only at that point of customer transaction and does not exist if a customer is not present. Production can only take place if the customer is actually present and once consumption begins, it cannot be stopped, interrupted or modified. Taking into consideration the Tourism Industry,…

Abstract: The Port of Singapore has a multi-pricing structure. The costs are arranged in three categories: port-calling costs, terminal-handling costs and concession pricing. Port-calling costs are the costs of all services offered to the vessel, ranging from access to quay or terminal, to pilotage, to the supply of water and bunkering, i.e. they encompass all ship-handling costs. Terminal-handling costs comprise costs for loading or unloading, storage, customs clearance, repacking and…

present brand name “to new product categories” (Ibid:257). Thus, brand extension results in creation of new product lines. The benefits of a brand extension are an exigent recognition and rapid acceptance by the customers, as well as possibility to save costs on advertizing (Ibid). However, it might bring the risks to the company related to the blurring of the image of the main brand and the problems related to the fit and appropriateness of the new product to the parent brand (Ibid). 2.3.3.…

relies on patient drug orders. A machine called Pyxis is stocked with medications for penitents. Hence, Pyxis tracks what is removed and how much it cost to each patient. Also, the hospital contains a just in time pull system for its custom surgical pack. For emergencies reason, they already have everything ready for use. To save inventory and carrying cost they use the just in time method. It is very important to know how health care changes.The hospital has minimal storage which leads to waste…

Strongly Agree Agree Neutral Disagree Age 15-20 year 6 7 5 2 20 20-30 year 13 16 14 2 45 Above 30 year 11 14 5 5 35 Total 30 37 24 9 100 Most of the respondents respond to this statement that lies in this age category (20-30 years) CHAPTER 4 Conclusion and Recommendation: 4.1 Conclusion: This project is about why the market value of Sutlej autos is lower as compared to Ravi autos. For this purpose we identify some factors Offer rate, quality…