Structural characteristics of the online retail industry From Porter’s five competitive forces framework, online retail industries exemplify several structural characteristics. Threats to the entry of competitors (Juevicius, 2013). Capital and investment required to have technology that will be adequate to serve the various channels of online retail deter the majority of the industries. The brand reputation of some already established retailers such as Amazon and EBay will discourage startup companies to venture into the filed. Retailers such as Amazon have excellent shipping costs and fast delivery. They have already established itself in this manner, which would for any startup it would have to upscale to this level. Economies of scale which have already been established by pioneering industries would require significant investments and capital from startups to achieve economies of scale. The supplier power within online retail industries is weak. There is a large number of suppliers and retail industries basically deal with the same products which are sold the same everywhere, such as in Target, Walmart, Aliexpress. Therefore, the suppliers won’t be unique in any way, maintaining the supply…

American auto industry Complete your Research Project 2 in a Word document, APA formatted, and then submit it in the Assignment section of the classroom by midnight, EST, Day 7. The instructions concerning this assignment as well as the grading rubric are reproduced below. In 2009 the American auto industry was in a dire economic state. Chrysler was in Chapter 11, GM was on the brink of bankruptcy, and Ford’s future was at best uncertain. The demise of the U.S. auto industry would have a devastating impact on our national economy and specifically the economies of Michigan and Ohio. Economists occasionally use Porter′s five forces framework when making a qualitative evaluation of a firm′s strategic position. According to Porter, his model should be used at the industry level, defined as a marketplace in which similar or closely related products or services are marketed. This research paper requires the application of Porter’s Five Forces Model to the auto industry. Porter′s analytical framework consists of those forces that affect a producer’s ability to serve its customers and make a profit. A change…

Analysing Supply Chain Management (SCM) Concepts and Issues in Global Food Retailing Industry Executive Summary Supply chain management (SCM) is a critical component when measuring both the internal and external success of an organisation. SCM is a comprehensive process that involves effective management continuous flow of goods from manufacturers to consumers. The present study analysed and evaluated different SCM issues in the global food retail industry. The researcher relied on a comprehensive review of various scholarly materials to identify and assess the positive and negative attributes associated with SCM in the global food retail sector. Some of the positive characteristics identified and reviewed included enhancing the speed of information transfer, optimisation of storage space, and the use of multiple suppliers. Additional benefits of SCM included improved sales revenues and profitability, as well as increasing the market share of an organisation and attaining business growth. Negative attributes, on the other hand, included managing short product shelf lives, handling a fragmented supplier base, and responding to changes in customer demand. The researcher also explored and analysed the gaps between evaluation and implementation…

Strategies of Oligopoly and Monopolistically Competitive Industry The competitive environment of the firm’s operations is described by the marketing structures. The market structure’s characteristics have a tremendous impact on competitive tactics strategies implemented by industry. For instance, the Coca-Cola Company has an oligopoly type of market structure due to the dominance of a limited number of corporations in the industry. This multinational company has set various competitive strategies against its main competitor, Pepsi. On the other hand, Apple Inc. can be considered as a monopolistic competitive Company worldwide. Generally, the monopolistic competitive company has a huge number of retailers. Both oligopoly and monopolistic companies use different strategies to gain and maintain competitive advantage. Coca Cola Corporation applies several competitive strategies to retain its dominant status in the industry of soft drink. First, the firm uses product differentiation as a marketing strategy (Vargas-Hernández, 2012). The company finds that it is critical to retain the brand image that is significantly different from that of Pepsi, its main competition (Chinnapen-Sathan et al., 2012). Both companies are producing almost identical products, but their marketing…

The accelerated expansion of clinical knowledge and the changing dynamics in the health care industry The accelerated expansion of clinical knowledge and the changing dynamics in the health care industry, mandates all the practicing professionals to possess educational prowess equal to the responsibilities given to them. Due to the shift from hospital-based, inpatient health care to more primary and preventive methods of health care in the society, the industry now demands registered practitioners who are more flexible and can work more independently in clinical decision making, case handling, guiding patients, direct bedside care, support and supervision of unlicensed practitioners and providing education to patients and other colleagues on treatments methods and resources, and importance’s of adopting healthy lifestyles (Evans, L. K., and N. E. Strumpf). The research paper below has been prepared in light of this needs, in particular, the cases of entry-level professional practitioners who require high orientation to the community-based primary supportive healthcare, as well as accents on health care improvement, management, and cost-effective, coordinated frameworks (Curran, C. R). For the nurses with a baccalaureate degree, unlike other…

Minimum wages and turnover rates within the hospitality industry Minimum wage is the minimum amount of salary that a company or a manager has to pay the workers for the work they have done within a given period. The minimum wage cannot be decreased by a shared or and individual agreement. I am confident that introducing a minimum wage law on the hospitality industry will meaningfully advance the income levels. However, the government must make sure the hospitality operators implement strategies that will enable them to improve the pay mechanisms to ensure that a minimum wage rate is met. Most of the jobs in the service industry are done part-time, and they hardly pay beyond the minimum wages. However, if many servants are asked why they prefer working in the service industry, they would say that the service industry has a wide variety of jobs available. The hospitality industry is classified to be a service industry since it offers many part-time jobs. In the hospitality industry, the aspect of paying minimum wage is practiced by a group of fast-food restaurants.…

preventing the employees’ turnover in the hospitality industry When the hospitality industry increases the minimum wages, there is a high chance that competition will arise among the employees in the neighboring states. Take a case for a state like Lowa that maintains a minimum wage that is around $7.25 per hour may encounter some challenges in drawing the workers. However, many of the employees think that a minimum wage of $15 is so low than what they expect to be paid. Therefore, people should not take the minimum wage to be a living wage. People have generated this perception by making assumptions that, among other industries, the hospitality industry makes a considerable profit. This assumption is wrong because the hotels create a substantial profit. The organization has to make sure that they prevent the employees’ turnover in the hospitality industry. The organization can do this by; Communicating clearly about the job vacancy so that the workers are aware of what they expect from the organization. The team conducting job interviews should inform the workers both the negative and positive parts…

impacts of branding on the competitiveness in the vehicle industry Introduction In this final report, it analytically takes a look at the impacts of branding on the competitiveness in the vehicle industry. This research is conducted on the Maruti Suzuki India Limited (MSIL). This research study covers various features. These aspects are as follows; literature review, data analysis, research design, and problem statement. However, it also contains essential elements like ethical issues and standards to ensure the objective of the research study is met. Various variables, such as confounder variables, are also highlighted to confirm the precision of the findings of these research studies. This report study also contains data analysis; this information is gathered by using graphs and tables. It will help to ensure that the accumulated data makes sense. The thesis of this research study is that branding affects the competition of MSIL. However, MSIL needs to make sure that its operations are the best in the market of the automobile. Business Problem In the business world, competitiveness is healthy since it helps organizations to manufacture and to…

Coronavirus (COVID-19) and its Effect on the Hospitality and Tourism Industry In countries were coronavirus epidemic cases had been reported, the government is giving directive orders to close all public gathering areas. In hospitality, interactions between employees and clients/visitors are normal; hence there is a high probability of the spread of the virus in case either a visitor or an employee is infected. To protect coronavirus protective measures such as self-quarantine of infected persons and those having symptoms is crucial, cleanliness by washing hands using sanitizers and cleaning surfaces in public spaces, Avoiding handshakes, public gathering are also preventive measures. Importance of self-discipline. Employees with coronavirus symptoms should stay at home to avoid spreading the virus to coworkers. Privacy of those suspected or confirmed to have the virus should be protected. It is wrong to fire an employee because he has been affected by an epidemic. The restaurants should ensure Infected employees or those with symptoms are sent home. Hygiene should be a priority in restaurants for both workers and customers. Restaurants managers should keep updated on the public health…

The film industry in the Chinese industry The film industry is a significant addition to the lives of humans as it allows people to express the society in their view or explore the deepest parts of their imaginations. Movies such as Horror films test imagination while historic movies illustrate the issues that people have experienced in society. The 4th, 5th, and 6th generations of directors in the Chinese film industry have made use of historical and cultural events as the main themes. In the films, representations of the cultural revolution, ideologies, religion, and aftermath of war have been the main issues in the movies. In the summer snow film, the director captures the life of a middle-aged woman raising a teenage son with the husband in Hong Kong. However, their lives turn around when they have to tend to their father. On the other hand, the Blue Kite is a film that is written from the perspective of ‘Iron Head,’ illustrating the turbulent moments in the politics of China. China movies change to reflect the political and social issues in…