The Substitute

Butter vs. Margarine There have been many assumptions about the difference between butter and margarine. Some people believe that margarine is healthier than butter and other people who wouldn’t ever use the cheap substitute that margarine has become. I was raised on both; my parents have been divorced since before I could remember and mom and dad have two very separate households. For example, my mother is a Pepsi person and my father is coke. My mom uses Miracle Whip and my dad well he…

of Kansas began experimenting some years ago with a black powder substitute. after much expense and explosions that killed some of its employees, Hodgdon now manufacturers a black powder substitute called Pyrodex that is available at gun shops and sporting goods stores.” Our text went on to say that “Pyrodex is a pyrotechnic composition that is best described as replica black powder…

responded with, “That’s epic!” Obviously I knew what my classmate meant when he responded with “that’s epic,” but I couldn’t help but think how the word ‘epic’ became to be a synonym for the word awesome, for the word ‘epic’ is not, in any way, a substitute for something meaning impressive. The word ‘epic’ comes from the Greek word ‘epikos’, meaning a poem or story. The Oxford English Dictionary defines ‘epic’ as a long poem, usually narrating the adventures of heroic figures. This word…

firm is in position to exercise some degree of monopoly through product differentiation. Product differentiation refers to the products on the basis of brand, size, color, shape and etc. The product of a the firm is close but not perfect a perfect substitute for other firm. The implication of “ Product Differentiation” is that buyers of a product will differentiate between the same products produced by different firms. So, they are willing to pay different prices for the same product produced by…

It’s success rests in the fact that it takes a holistic view of the industry in which a business operates instead of looking at each piece in isolation. Porter’s Five Forces Model looks at the level of rivalry in the market, the availability of substitute products, the threat of new entrants that may join the marker, the power of the suppliers and the power of buyers or customers. These five points show the threat of external factors in the market environment, which are incontrollable by Mr.…

know how to prepare these foods in a healthy way. If you choose to change the way that you eat, you may need to learn some new cooking techniques or about what ingredients you need to cut out or reduce, as well as which ingredients you can use as substitutes. If you buy healthy ingredients in order to eat healthy, but you don’t choose healthy cooking methods, it may really make the difference to the healthy foods that you have. You can go to the effort of buying the freshest vegetables and…

Everyone likes to look good and feel good, right? Hair dye helps people achieve the looks they desire, but there are still some aspects of hair dye that may raise concern. People want to know what is in it, if it is healthy, and what the statistics may show. This essay will address each crucial detail so that these question can be answered properly. It is important to understand the chemistry behind hair dye before being able to fully understand how it works. To begin with, a dye is not the…

The threat of entry, power of suppliers, and threat of substitutes are all low within this industry. The power of buyers is marginally high since they have the power to command increasingly reduced prices and increased value. Lastly, rivalry among competitors is high within the…

Perfect Competition Perfect competition is the market structure in which there are many sellers and buyers, firms produce a homogeneous product, and there is free entry into and exit out of the industry (Amacher, R., & Pate, J., 2013). The model of perfect competition is defined by many buyers and sellers to the extent that the supply of one firm makes a very insignificant contribution to the total supply. Both the sellers and buyers take the price as given. This implies that a firm in a…

Electronic Arts: A Competitive Analysis Kyle McComas 7600295 GMGT-2060-A03 Sean MacDonald University of Manitoba December 3rd, 2014 Background Electronic Arts (EA) is an interactive entertainment software company that “develops, publishes, and distributes interactive software worldwide for Internet-connected consoles, personal computers, mobile phones, tablets and social networks.” (“About EA - Electronic Arts Canada.”, n.d.) They were founded in 1982 in Redwood City, CA by Trip Hawkins.…