in Internet technology has made purchasing very easy for the consumer via Internet-based communications. This allows buyers/shoppers to purchase almost anything over the Internet without leaving their home. This allows companies to eliminate the middleman by delivering goods directly to the consumer instead of having delivery trucks bring goods to the store. This way they are shipping directly from the warehouse. The consumer wins by shopping around at his fingertips and never leave their home,…
Out of all of the leading countries America has become one of the last to offer universal health care. Obamacare, which is the nickname for the Patient Protection and Affordable Care Act (PPACA), was approved in 2010 (Schacht, 2015). The last five years since Obamacare was created has shown how difficult it is to bring affordable health care into the U.S. I believe the idea of everyone having universal health care is an amazing concept and a human right; however as we have seen, can come with…
Benz has highest market share of 28%, while Fiat stays at second place for 22%. BMW stays at the third place with approximately 10% in 2013. (Refer to Appendix C) Tier 1 Suppliers Tier 1 suppliers are also customers in ADAS. They are working as middleman between the OEMs and the tier 2 suppliers who offer the ADAS units. After tier 1 supplier receives the units, they will work to integrate it with their own modules to create a complete component on the assembly line. The top three passive…
The topic within the first six chapters of our text that I find important, is the affects that the internet and digital technologies have had on Michael Porter’s five competitive forces. Porter’s Five Forces that shape strategy includes: the threat on new entrants, the bargaining power of buyers, the bargaining power of suppliers, and the threat of substitutes. The first force in Porter’s Model is, “The Threat of New Entrants.” This force focuses on “The possibility that the profits of…
How companies react in the face of a disaster can show us how effective its crisis management strategy is. Thus, a good crisis strategy should include a communication plan, when a disaster happens, a business must be able to effectively convey critical information to the public and the media alike. During a disaster, the immediacy of information is essential. For example, when information is not forthcoming rumors begin to circulate, and there is difficulty in trying to separate fact from…
Shopping is something people do for more than thousand years. Shopping is defined as consumer purchasing goods or services from a seller. Back then, the traditional way to shop is to go to the marker or mall to purchase the good and services but ever since technology made a big impact in our lives, online shopping has become more popular among consumers. The popularity of online shopping has increased rapidly and it has become a part of a consumer’s life style. Some people prefer the traditional…
Intensity of Rivalry (High) Intense competition between numerous competitors has initiated major action between rivals that have led to lower profit margins in the electronic industry. In the recent years, the electronic store sector had consolidated in fewer players, since major competitors such CompUSA and Circuit City have exit the competition for lack of differentiation and the different downturns in the economy. This industry has high exit barriers, leading to higher lose if exiting…
Identity and labels are a big part of society and defining who each other are, but what happens when a label consumes someone's identity? Andy is in a gang called the Royals and the Royals have a rivalry with another gang named the Guardians. One night Andy leaves a party to buy a pack of cigarettes and on the trip to the corner store Andy gets stabbed by a member of the guardians. In the short story “On the Sidewalk Bleeding” by Evan Hunter, the protagonist, Andy, demonstrates the theme don't…
The Potters Club: In the very beginning of the chapter, there is quite exciting conversation between Vikram and Additional Director General of Police regarding the two issues of terrorism and Naxalism. He calls the Naxals as the traitors who are responsible for the death of the common civilians in the country. This chapter preaches us what the situation of tribes in India is. Why the concept of ‘rich are getting richer and poor are getting poorer’ prevails and how corruption is connected to…
the executives and the shareholders it will be an on going dispute that will not end well. Fortunately, they can bring an unbiased expert from outside the company to asses the compensation fairly like myself. It is clear in this situation that a “middleman” is…