1. 7 drivers of cost advantage and example The seven drivers of cost advantage are listed below: " Economies of Scale: Economies of scale exist where the proportion of input in the production process increases, resulting in a lower unit cost. Economies of scale are usually related to manufacturing. And Economies of scale come from three sources, Technical input-output relationships, Indivisibilities and Specialization. For example, by implementing new facility like automatic production line for a
five forces are a. Threat of new entrants i. Entry barriers are high for online payment and transfer services even though there is an increasing amount of online payment and transfer channels in the market. The main thread would be the product differentiation, existing plays have brand identification and customer loyalties, hence as a new entrant of e-business, digital marketing spending is an essential to promote the business. ii. The business of payment and transfer was provided only by the banking
interface between HRM and strategic management. What is resource based view of strategic HRM and its importance? It is the range of resources in an organization, including its human resources, that produces its unique character and creates competitive advantage. The strategic goal will be to create firms which are more intelligent and flexible than their competitors. The significance is, it highlights the importance of a human capital
1. Identify whether your company has a competitive advantage or disadvantage in its primary industry. My company Delta Airline has a competitive advantage because its profitability is greater than the average profitability of all companies in its industry. It competitive advantage come from Focus Differentiation. I choose this because Delta Airline is focus on a certain segment and customizes its offering to the needs of that particular segment through the addition of features and function. The
market conform performance program. Thus, the main parts of the product politic are the product quality, design, packaging, branding and the service. Next to these points, it contains the policy of the program, in terms of innovation, variation, differentiation and elimination. Place: Place means the policy of distribution and sales. It is all about the channels. What is the best way to offer the product to the customers?! Nowadays many companies decide for a multi-channel system. Apart from this point
1. Explain about your current job and the stage where it creates maximum value? What are the reasons? Also identify untapped opportunity for value creation from other stages of value creation Ans: Ezetap Mobile Solutions Pvt Ltd is a 3 years old Bangalore based startup in mobile payment space. Ezetap provides hardware and software solutions to B2C and B2B customer segment. In Ezetap Mobile Solutions Pvt Ltd, I heads the Customer Success Operations. I look after the complete Life Cycle management
reason (Madhav 2012). permitting restoration of mastication, speech, and esthetics. Esposito et al. (2011)stated that dental implants offer several advantages in treating missing dentitions over conventional prosthetic as they conserve tooth structure. Several other studies reported high
organizations competitive advantage. How does the understanding of Porters Competitive forces help organizations gain favourable competive positions? Competitive positioning is about defining how you will differentiate your offering and create value for your market. It is about carving out a spot in the competitive landscape,putting your stake in the ground,and winning mindshare in the marketplace-being known for certain something(www.marketingmo.com). Competitive advantage is the favourable position
14 Bargaining Power of Suppliers 14 Bargaining Power of Buyers (Customers) 15 Threat of Substitute Products or Services 15 Industrial Rivalry 15 Strategic Choice 16 Porter’s Generic Strategies 16 Cost Leadership 17 Cost Focus 18 Broad Differentiation 18 Differentiation Focus 19 Vision and Mission Statements 19 Strategic Implementation 21 The Product Life Cycle 21 Introduction Stage 22 Growth Stage 22 Saturation Stage 23 Decline Stage 23 The Boston
CHAPTER 1 INTRODUCTION TO FACE RECOGNITION 1.1. BIOMETRICS A biometric system is a technological system that uses information about a person to identify that person. Biometric systems rely on specific data about unique biological traits in order to work effectively. A biometric system will involve running data through algorithms for a particular result, usually related to a positive identification of a user or other individual. We all have unique physiological