Porter s Five Forces Framework Essay - 1605 Words

In the age of industrialisation and globalisation, there are numerous companies attempting to operate effectively and efficiently. Nonetheless, it seems to be tough for many enterprises, which are struggling to develop, survive, as well as compete against other companies. Therefore, they need wise strategies to efficiently access the balance power in a business situation and determine the level of competitiveness in industries’ environment. Porter’s â€Å"Five Forces† model focuses on business’ external environment where many factors influencing the success of companies, including industry rivalry, competition from new entrants, substitute products, bargaining power of buyers, as well as suppliers. (See Figure 1.). Porter’s Five Forces Framework Source: Adapted from Porter, 2008, p.27. Figure 1. The diagram indicates â€Å"Porter’s Five Forces Framework.† First of all, rivalry among existing competitors is also known as industry rivalry, which contains many kinds of competition, such as pricing strategies, new product launching, advertising campaigns, improvement of current goods and services, and sales promotion. (Dalken, 2014, p.3.). These types competition can be seen as barriers for many new businesses, which want to enter an industry with a high level of existing companies. Moreover, there are some other factors that help companies to determine the level of competitive rivalry, including the number of competing firms, the relative size of companies and marketShow MoreRelatedPorter s Five Forces Framework992 Words   |  4 Pages5 forces analysis Porter s Five Forces Framework is a tool for analyzing competition of a business of an industry in terms of its profitability. The most unattractive industry would be one approaching pure competition, in which available profits for all firms are driven to normal profit levels. The five-forces perspective is associated with its originator, Michael E. Porter of Harvard University. This framework was first published in Harvard Business Review in 1979. Each industry generates profitsRead MorePorter s Five Forces Framework2657 Words   |  11 Pages Porter’s Five Forces Framework EnQuest PLC, Oil and Gas Industry Cristina Cebotari BA (Hons) Business Studies with Finance â€Æ' Table of Contents INTRODUCTION 3 1. ABOUT THE MODEL 3 1.1 ADVANTAGES 3 1.2 DISADVANTAGES 4 2. APPLYING PORTER’S FIVE FORCES TO ENQUEST PLC 5 2.1 COMPETITIVE RIVALRY 5 2.2 BARGAINING POWER OF SUPPLIERS 7 2.3 BARGAINING POWER OF BUYERS 8 2.4 THREAT OF ENTRY 9 2.5 THREAT OF SUBSTITUTES 9 CONCLUSION 10 APPENDIX 11 REFERENCES 13 â€Æ' IntroductionRead MoreThe Usefulness And Limitation Of Porter s Five Forces Framework1523 Words   |  7 Pages The usefulness and limitation of Porter’s Five Forces Framework Introduction Porter’s five forces is a framework, which was developed by Michael Porter of Harvard Business School in 1979, was widely used in different industries for structural analysis and corporate strategy formulation (Wu, 2012). Porter’s five forces model is considered to be a basic idea to analyze the rules of competition in an industry and stress the importantRead MoreThe Usefulness And Limitation Of Porter s Five Forces Framework1445 Words   |  6 PagesThe usefulness and limitation of Porter’s Five Forces Framework Introduction Porter’s five forces is a framework, which was developed by Michael Porter of Harvard Business School in 1979, was widely used in different industries for structural analysis and corporate strategy formulation (Wu, 2012). Porter’s five forces model is considered to be a basic idea to analyze the rules of competition in an industry and stress the important elements for the purpose of achieving a long-termRead MoreThe Usefulness And Limitation Of Porter s Five Forces Framework1498 Words   |  6 Pages I The usefulness and limitation of Porter’s Five Forces Framework Introduction Porter’s five forces is a framework, which was developed by Michael Porter of Harvard Business School in 1979, was widely used in different industries for structural analysis and corporate strategy formulation (Wu, 2012). Porter’s five forces model is considered to be a basic idea to analyze the rules of competition in an industry and stress the important elements for the purposeRead MoreAnalysis Of Porter s Five Forces Of Competition Framework1539 Words   |  7 Pagesattractiveness which can be analyzed by using â€Å"Porter’s Five Forces of Competition Framework† (Grant, 2010; pg 69). The five forces include competition from substitutes, new market entrants, and established firms as well as the power of buyers and suppliers. One of the main topics with this framework is the availability of substitutes which addresses the sensitivity to the price of a product or service and when customers will switch. Porter’s framework does not include the av ailability of complimentaryRead MoreStrategic Marketing Pl Pestle Framework And Swot765 Words   |  4 Pagesfactors are divided into two categories: macro environmental factors and internal environmental factors .Porter’s five forces model, PESTLE, GE Matrix, BCG matrix and SWOT analysis is a list of aid tools that can be used in purpose of analysing the factors and obtain strategic marketing plan. The given paper aims to provide further details about both of PESTLE framework and Porter s Five Forces model which are used to analyse the macro environmental factors, focusing on, the usefulness of each one, theRead MoreFrameworks And Models That Facilitate The It Strategy Planning Process Essay1466 Words   |  6 PagesBCIS301 - Frameworks and Models that Facilitate the IT Strategy Planning Process Results Review and Discussion Group (Alexander Vernel, Christopher Robb) CPIT, Christchurch, New Zealand Abstract: The purpose of this research is to identify frameworks and models that help support the process of creating an IT strategy plan. In order to create any plan, the creator must know the current state of the organisation, and what aspects of the organisation need to change. This research was accomplishedRead MorePorters Five Forces1232 Words   |  5 PagesRunning head: The Theory of Porter’s Five Forces Porters Five Forces Kimberly S. Lawson 1018525 American Military University 04 October 2012 Abstract Michael Porter’s Five Forces model is a very sophisticated theory for calculating a company s economical standing. Michael Porter established a structure that shapes a structure that monitors an industry and is often used in strategic planning. Porter s detailed five forces model is one of the most frequentlyRead MoreThe Five Forces-General Assumption1099 Words   |  5 PagesThe five forces – general assumption The threat of the entry of new competitors Profitable markets that yield high returns will attract new firms. This results in many new entrants, which eventually will decrease profitability for all firms in the industry. Unless the entry of new firms can be blocked by incumbents, the abnormal profit rate will fall towards zero (perfect competition). * The existence of barriers to entry (patents, rights, etc.) The most attractive segment is one in which entry

The Relationship Between Religion and Social Change Essay

The Relationship Between Religion and Social Change In this essay I will analyze and evaluate the relationship between religion and social change in several ways. I will look at the work of various sociologists and their findings and norm’s etc. One simple argument is that in technologically underdeveloped societies religion arises as a means of explaining the unexplained. Religion, in such societies, is organized into ceremonies that involve strict hierarchical relationships between the various participants. As countries begin to develop over a period of time many people don’t see a need for religion because they have better lives and simply exclude it. One way of understanding the†¦show more content†¦Religions such as Christianity prevents the family from changing too rapidly, for example, because it tends to support traditional family values and discourage alternatives such as promiscuity, homosexuality, and childlessness. This conservatism is seen by Functionalists as positive and desirable as it maintains society and prevents it from fragmenting. Durkheim argues that the function of religious ritual is to maintain social solidarity by affirming the moral superiority of society over its individual members. Durkheim believed that social life could only exist if values were shared and society integrated into a coherent whole. Religion is an important aspect of this process not only providing a set of unifying practices and beliefs, but also by providing a way in which people can interpret and give meaning to the world. Robert Wuthnow who studied Religious Movements and Counter movements in North America (1986) had several interesting findings. He found that rapid changes in science and technology in the post 2nd World War period, allied to the expanding role of education produced a clearly developed ideological framework that challenged the role of religion as an explanatory framework in American society. Also with religious ideas and explanations being challenged by science, organized religion was forced to adapt to this challenge. Changes were expressedShow MoreRelatedThe Relationship Between Religion And Social Change1814 Words   |  8 Pagesstudy of religion has produced a range of interdisciplinary perspectives because of the sheer diversity of religious beliefs and practices, which have evolved with human history. Sociologists have theorised, to what extent religious practices and beliefs have been socially constructed, and, how these religious constructions shape other institutions and discourses throughout society and their impact on modernity. This essay focuses on the relationship between religion and soci al change as proposedRead MoreEssay Webers Approach to Religion and Sociology1706 Words   |  7 PagesApproach to Religion and Sociology Webers general approach to sociology is known as verstehen sociology; that human action is directed by meaning and that action can only be understood by appreciating the world-view of the social actor concerned. Since religion is an important component of the social actors world-view, religious beliefs can direct social action, Read MoreKarl Marx And Max Weber1332 Words   |  6 Pagesfascinated by religion science as they talked about different religion in depth that exist on earth and various perspectives of well known people on the study of religion. I chose Karl Marx and Max Weber for my paper assignment. Two sociologists and philosophers have discussed their views on religion and its impact on society. Most of the Sociologist of that time wrote about the role of religion in society, Karl Marx and Max Weber observations are particularly relevant for our course. Religion is one ofRead More Marx’s Views on Religion vs. My Own Essay514 Words   |  3 PagesMarx’s Views on Religion vs. My Own Karl Marx wrote that religion was, â€Å"an opiate of the people.† Although those words were not published in The German Ideology, they best describe his various views on religion. Marx wrote that there was a social relationship between the upper class or bourgeoisie and religion. The upper class that owned the means of production used religion as a tool to keep the working class or proletariat, oppressed and poor. Marx criticized that religion had so many ulteriorRead MoreKarl Marx s Theory Of Alienation Essay1553 Words   |  7 Pagesstratified social classes. The working class is alienated because they are deprived of the right to think or direct their own actions without the oppression of the economic entity controlled by the Bourgeoisie. Emile Durkheim’s theory of anomie was developed during a great capitalist growth, the industrialization revolution. The mass population could not keep up with the constant change leading to the breakdown of social bonds between individuals and communities. This break of social bonds createsRead MoreComparing Religion And Science From A Sociological Viewpoint1478 Words   |  6 Pagescontrast religion with science from a sociological viewpoint. Is science just another form of religion, with people like physicist Stephen Hawking among its high priests or mullah? Are science and religions simply both similar social constructions? In your response to this question, specifically consider both how irrational social factors influence everything, and the relationship between faith and proof. First of all, There are a number of debates about the similarities and differences between religionRead MoreEssay on The Role of Religion in Society1005 Words   |  5 PagesRole of Religion in Society The role of religion in society is definately a dynamic one. The relationship between both religion and society is always changing. Religion effects different societies in different ways and different forms, causing the forms of society to change according to a change in religion. Religion can be a driving force in society, but as a reactionary rather than in a radical way. Functionalism Functionalists believe that religion maintainsRead MoreThe Theory Of Religion And Spirituality1481 Words   |  6 PagesA Gallup poll indicated that religion is a â€Å"very important† part of the lives of approximately 67% of the American public, of whom 96% believe in God and 42% attend religious services regularly (Powell, Shahabi, Thoresen, 2003). People join religious institutions and follow spiritual paths for a variety of reasons, such as faith, prayer, social support, cultural traditions, commitment to the community, and more. The role of religion in people’s lives is dramatic and research on the topic has mirroredRead MoreFamily and Religion : Influence on People Essay1602 Words   |  7 PagesFamily and Religion: Influence on People If you asked people to describe their families, some would describe single-household families, some would describe stepfamilies, some would describe gay or lesbian or adoptive families and many would describe divorced families. The word family has become a diverse institution it is very difficult to give it a meaning. In a wide sense especially in the biological sciences the term family refers to a group of individual beings linked by blood relations,Read MoreThe Problem, Solution, And Technique1112 Words   |  5 Pagestechnique in Buddhism with those of another eastern religion of your choice. For Buddhism, the problem is suffering, the solution is nirvana, and the technique for achieving nirvana is the Noble Eightfold Path. For Hinduism, the problem is samsara, the solution is moksha, liberation from samsara. The various yoga’s are the techniques. 2. Is the presence of an ethical dimension a basic requirement for a system of thought to be considered a religion? Why or why not? Ethical dimension are the key elements

The Grinch Free Essays

What’s the first thing that comes to mind when you think of the term villain? Often when we think of a villain we think of people who revel in destruction and have dark masks obscuring their faces. However, we are quick to forget the unseen killers. The ones that go unpunished, people who are incurable taking the world by storm. We will write a custom essay sample on The Grinch or any similar topic only for you Order Now That is why, out of the unlimited number of villains we have to choose from, as our incessant need to create heroes whom we can place hope in continues, the Caring is by far the best villain. In the movie, â€Å"The Caring†, he proves to know his power isn’t his ability to destroy things but the happiness of the people who own them. He knows more than death and demolition his ability to be the Caring, to spread his disease of depression and take away the very enthusiasm that pushes Hovel forward as a society, gives him complete control and makes him truly nefarious. His usual tactics begin to become insufficient in filling the void he knows , deep down, only acceptance will mend. In a furious attempt to push this concept away he decides to steal Christmas. Trapped in a world of despondency and numbness, Caring envies the Who’s and their ability to love and feel because he fears love is something he will never be acquainted with. He wants everyone else around him to see life In the same way he does and decides the best way to do this Is to target one of the last vestiges of hope and childhood the Who’s have left. The Caring is a clear embodiment of the many qualities and characteristics specific to a villain we discussed in class such as inferiority complex, visual otherness and determination of the will . One only need to heed light to the aspects of the Caring that make him a crook to reveal a very effective and Intriguing one at that. Due to self-image issues and childhood trauma,the Caring has a severe inferiority complex. The Caring is portrayed in a very comic manner but in truth this humor is used to obscure the pain and subsidiaries he’s attempted to suppress all his life. He has all this hate and disappointment aimed towards himself but he is Incapable of understanding that the only way to beat ourselves Is to stop fighting, to let go. The Caring tries to counterbalance what he feels towards himself by becoming great and rueful to prove to himself that he’s worth something. This is why man v. S self is the hardest battle to wage. The Caring is an equal opponent of himself so he will never win; with every bit of power he gains he will find another thing about himself to antagonize over. His blindness continually pushes him to try and substantiate his reign over Whole. At one point in the movie we see him go into Weevil and absolutely terrorize the people but his high fades as he returns home. As he changes clothes the first thing he does Is pick on how his body looks and decides he can’t go o Weevil with Cindy because his schedule is booked with wallowing in self-pity, staring into the abyss, wrestling with his self-loathing, and dinner with himself. This is interesting because his desire to eat alone shows he doesn’t think he deserves the presence and company of others in his life. Another noticeable example we see in simply trying to overcompensate for his lack of self-esteem. However, The Caring, along with audience sees that even stealing Christmas doesn’t make him powerful enough to banish his own demons. Another trait the Caring exhibits is visual otherness. In this case the Gringo’s inferiority complex and visual otherness are strongly linked and codependent to an extent. The Caring despises the way he looks and always compares himself to others which creates an atmosphere perfect for self-hatred and a feeling of inferiority. The Gringo’s visual otherness is a very prominent component of not only how he views himself but of how the others depict him. He is bright green and furry from head to toe with chipped rotting teeth, deep wrinkle lines etched into his skin, and an unkempt green mass of hair on his head somewhat resembling a Mohawk. This is definitely a major contrast to rosy cheeked blond haired Cindy Lo Who. In this movie, his outer appearance is meant to reflect the self-torment going on inside. From a young age he struggles with choosing his humanity over the beast inside and we can see this paralleled in his appearance. As he turns further away from his humanity he looks less and less like a human and more like the tortured soul the rejection and hardness of the world has molded him into. As in many stories we can distinguish the characters between the ways they look or the colors they wear. The Green of the Gringo’s skin and the dirty brown of the rags he wears represent evil, while the Jovial bright reds and pinks associated with Cindy Lo Who represent pure goodness and a rare untainted innocence. We often say love makes man do the most irrational things, but one could argue its heartbreak. It was the lethal combination of heartbreak and determination of the will that compelled the Caring to destroy the society that told him (even when he shed all the things that made him unique)he wasn’t good enough and that he would never be good enough. That’s why he’s such a significant villain. The pain of the heartbreak the Who’s caused him, along with his infallible drive to accomplish whatever he sets his mind to, makes him almost inexorable. However this determination is a quality often shared between the villain and the hero. This is because determination of the will is an impartial trait with equal opportunity to be claimed either for darkness or light. It depends on who possesses it. The Caring, being an anti-villain, has darkness in him but he also has light. While this quality is identified in his obstinacy of wanting to story Christmas and the spirit of the Who’s, we can also distinguish it in his unrelenting resolve to make Martha a Christmas gift worthy of her love, or in his ability to pull a sled weighing more than a ton off the side of a cliff on account of pure willpower and his desire to save the little girl sitting in it. When it comes to his goals and ambitions, the Caring demonstrates tunnel vision, seeing nothing but the final outcome he desires to reach. When we see things with blinders on as the Caring does, we can become dangerous as we lose our ability to see consequences and the indirect impact of our actions. However, this allows us to pull strength from within ourselves we never knew we had to complete our undertakings. This immense Gringo’s actions. It is apparent that the crunch is a very interesting and dynamic character with many aspects that make him villainous and offer explanation for the commonly known phrase â€Å"his heart was two sizes too small. † Inferiority complex, visual otherness and determination of the will, provide undeniable proof the Caring is a villain but it has yet to be understood why the Caring is the best villain. The reason the Caring is such a fantastic villain is because Hess so relatable; we can all see a little of ourselves him. While we usually don’t go climb a mountain over it, we all have days where we are plagued with doubts about where we fit into our society, never mind the world, and dysphasia spreads like a disease through our minds. We all have days where we are angry at the world and feel that’s causing destruction and pain is the only way to satisfy our rage. We also all carry that determination to fight for what we want even when we know its wrong. Dry. Issues manages to create a character in which we can recognize villainous qualities and tendencies, but still have hope for him because we recognize those same aspects in ourselves, and we have to believe there’s hope for people like the Caring because we have to believe there is hope for people like ourselves. Ultimately, the Caring is a portrait of the war between the good and bad in all of us and teaches us we can be fixed and we’re not all doomed to be broken records repeating our same mistakes again and again never being able to let go. How to cite The Grinch, Papers

celilo falls Essay Example For Students

celilo falls Essay Celilo FallsCelilo Falls named after the Si-le-lah tribe, was located about one hundred and two miles from Portland Oregon. Today Celilo falls no longer exists because the Dalles Dam was built March 10 1957; it was covered up by what is now Lake Celilo. Celilo Falls was a very important place for Native Americans nearby. Many tribes used the falls for fishing. Fishing platforms were built next to the water and men would spend much of their days catching salmon. Since the early 1800s, Native Americans fished the spring and fall salmon runs, the waters edge, and the shore of the Columbia River. Later, small cable cars built by fish buyers linked the shore to the islands. They used two types of dip nets: one was stationary, the other movable through the water. The dip nets attached to poles ranged from 15 to 25 feet in length. There were about 480 fishing stations around Celilo Falls. Fishers built wooden platforms out over the water catching salmon that weighed up to sixty pounds. The wood platforms were very wet and slippery so the men had to be really strong. The men tied themselves with ropes that they tied around their waists in the event that they fell in the river. During the Great Depression, whites began fishing at Celilo Falls. Indians protected their treaty-reserved stations and the white people had to leave. Soon Congress approved funding for The Dalles Dam, the dam would flood Celilo Falls and part of Celilo Village. The Celilo Fish Committee, The local fisherman protested the dam in formal resolutions and in testimony before Congress. But the dam was built anyway and they lost their place to fish. When the United States government drowned Celilo Falls, it compensated the tribes for flooding their fishing sites. But it didnt, purchase their fishing rights. Those rights, as set forth in the 1855 treaties, were not affected when the government paid for tribal fishing sites, but the tribes economy was destroyed. The Native Americans that lived in the area that was covered by Lake Celilo were relocated to reservations. When Celilo Falls was covered up, much more was lost than a historic spot. Many of the fishermen didnt know how to make a living. Tribal leaders had to accept a four million dollar settlement from the U. S. Army Corps of Engineers. This is a picture of Celilo falls in 1899. Today the only way you can see Celilo falls is to look at pictures. A long time ago Celilo Falls and its fishing industry was one of the most popular tourist sites in America now it doesnt even exist. Here are a couple of websites I used for pictures and informationhttp://w3.gorge.net/davee/Celiloa.htmhttp://www.ccrh.org/comm/river/celilo2.htmhttp://www.ohs.org/collections/manuscripts/manuscript%20files/mss2678.htm