...seems to be an inevitable failure - trying to become a new player in a market that is declining and facing new challenges in sustainability daily. Laliberté’s plan fits almost all of the criteria for struggle and potential failure according to Porter’s Five Forces. Breaking down each of Porter’s forces, it is clear that starting a new circus lends very little promise for Laliberté. First, Laliberté was facing supply issues to find talented circus acts that would draw in an audience. In order to acquire a high caliber of talented performers, a circus at the time was forced to put financial strain on their profits from ticket sales just to afford the acts themselves. Additionally, the power of buyers produced a real challenge at the time, as audiences were only interested in attending the circus if compelled by acts that were in turn too expensive for the circus to make a profit on. Laliberté was also facing tough competition in entering the circus industry. This space had been established by the century-old Ringling organization, and the name recognition alone made it extremely difficult to be a new entrant to this market and establish trust from the consumer. Similarly, the rest of the market outside of Ringling was relatively diluted with other circus acts that did not offer much different from the conventional expectations of the audience. Looking at these challenges as defined by...
Words: 1152 - Pages: 5
...CHAPTER 1 1.0 INTRODUCTION The concept of micro finance is not new in the world, sub-Sahara Africa and in Kenya. Savings and credit groups have operated for centuries all over the world. They include the Chit Funds of India, Tandas in Mexico, and Arisan in Indonesia. In Africa such groups consist the “Susu” of Ghana, BOSCA of Botswana, ADESSI of Burkina Faso, ACCORD of Uganda, Zusa of Zambia among others. In Kenya on the other hand Micro Finance Institutions (MFIs) include Faulu Kenya, Kenya Women Finance Trust (KWFT), KUSCCO (Kenya Union of Savings and Credit Cooperatives), Economical Locus Fund (ECLOF), Small and Medium Enterprise Programme (SMEP), Kenya Small Traders and Entrepreneurs Society (KSTES), the Kenya Post Savings Bank (KPSOB) and Vintage Management (Jitegemee Trust). Microfinance is the provision of financial services to low income households and micro and Small Enterprises (MSEs). The sector provides an enormous support to the economic activities of the poor thus contributing to poverty alleviation. Micro finance is usually understood to entail the provision of financial services to micro entrepreneurs and small businesses, which lack access to banking and related services due to the high transaction costs associated with serving these clients’ categories. The two main mechanisms for the delivery of financial services to such clients are relationship based banking for individual entrepreneurs and small businesses; and group based models, where...
Words: 15123 - Pages: 61
... Case Summary This case is about an organization doing business on paint coatings market served by company in the southwestern United States. The organization has some challenges on how to deploy marketing efforts among the various architectural paint coatings markets served in the southwestern United States. Janmar Coating, Inc. is a privately held organization that produces and markets architectural paint under Janmar brand name. In addition to producing a full line of architectural coatings, the company sells paint sundries (brushes, rollers, thinner, etc.) under the Janmar name, even though these item are not manufactured by the company. Problem/ Issues The current problem that is facing Janmar Coatings is how to cost effectively market the products and what area is the best place to market. Companies rely on the leadership to help make decisions regarding the market and after two senior executive meetings, there is no resolution. The problem facing Janmar Coatings, Inc. is deciding where and how to execute corporate marketing efforts in the southwestern United States. Janmar Coatings is currently marketing to 50 counties, their main focus area so far has been the 11 counties in the Dallas-Fort Worth area. The main issue Ronald Burns, the president of Janmar Coatings...
Words: 918 - Pages: 4
...MBA/EXE/MWZ/047/T.13 QUESTION 24 "Carry out the industry analysis in which your company operates" ............................... 1.0 INTRODUCTION The Tanzania banking sector embarked on a plan for financial liberalization in 1992 in order to sustain its economic growth. and the plan has been accomplished through the mobilization of financial resources as well as by increasing competition in the financial market and by enhancing the quality and efficiency of provision of banking services especially lending, since the liberalization, the banking sector in Tanzania has been booming, particularly over the past ten years thanks to the general economic growth and friendly financial investment environment for foreign and local banks With a total of 34 banks and a few non-banking financial institutions, which are not allowed to open current accounts, the market is characterized by a few big players and several small banks falling between local and foreign banks, local banks primarily service local customers while foreign banks tend to operate as subsidiaries of large groups, such as Citigroup and Barclays, using strategies oriented to the international market. Banks can be categorized according to orientation towards different markets and clientele operating in Tanzania: local private banks, regional banks, international banks and multinational banks, Overall, the outlook for the banking industry in Tanzania is very positive and there are appealing...
Words: 1675 - Pages: 7
...Title : Opportunities and Challenges that ABC Corporation is Facing Executive Summary Different strategies that key executives deliver to his/her sub-ordinates could make totally different cultures and business models of the company. ABC Corporation, a US listed chemical company is now under this transformation from a simple reporting hierarchy company to a matrix organization. Its aggressive vision till 2020 would amaze lots of the outsiders including shareholders and external analysts by boosting its double digit EBIT growth year over year. Behind this fantastic financial performance, ABC Corporation is actually facing its own internal challenges which make ABC staff feeling heavy in workload and low morale in the office. However, I don’t believe that this phenomenon will last long as lots of statistics and comments are showing that, ABC Corporation is running out the blue. Company Overview ABC Corporation is a diversified chemical company serving agricultural, industrial, environmental, and consumer markets globally for more than a century with innovative solutions, applications and quality products. ABC Corporation was listed US Stock Exchange in 2000. In 2013, ABC had annual sales of approximately $3.9 billion. The company employs approximately 5,600 people throughout the world, and operates its businesses in three segments: ABC Agricultural Solutions, ABC Health and Nutrition, and ABC Minerals. Company Strategy “Feeding the world, protecting health, and providing...
Words: 1794 - Pages: 8
...SPLITS ON STOCK LIQUIDITY OF COMPANIES QUOTED AT THE NSE | GEORGE MARTIN NZIVE KASYOKA | THE USE OF STRATEGIC POSITIONING TO ACHIEVE SUSTAINABLE COMPETITIVE ADVANTAGE AT SAFARICOM LIMITED | MUTIE PETER KIOKO | RELATIONSHIP BETWEEN PRIOR PERIOD DIVIDENDS AND FINANCIAL PERFORMANCE OF FIRMS LISTED AT THE NSE | EVANS ODHIAMBO OYIEYO | BALANCE SCORE CARD AS A STRATEGIC MANUFACTURING INDUSTRY IN KENYA | SAMBA STEPHEN MIDEGA | INVESTIGATION OF CAPACITY MANAGEMENT STRATEGIES AND THEIR INFLUENCE ON SERVICE QUALITY: CASE OF NAIROBI SUPERMARKETS. | LUCY MUTHEU KIILU | CAUSES OF INDUSTRIAL DISPUTE IN GARMENT FACTORIES AT THE ATHI RIVER EXPORT PROCESSING ZONES, KENYA | JENIFFER N. MULI | THE RELATIONSHIP BETWEEN HOUSE PRICES AND MORTGAGE CREDIT IN KENYA | LOISE KINYUA WANJIRU | STRATEGIC RESPONSES OF EQUITY BANK TO FRAUD RELATED RISKS | DOMSIANA ANYANGO ONYANGO | THE RELATIONSHIP BETWEEN FINANCIAL PERFORMANCE AND INVESTMENT STRATEGIES OF PENSION FUNDS IN KENYA | MARGARET W. GICHANE | ADOPTION OF SOCIAL MARKETING CONCEPT BY PRIVATE HOSPITALS IN NAIROBI. | SHIUNDU OGUNJA MIRRIAM | CHALLENGES OF EMPLOYEE EMPOWERMENT...
Words: 15830 - Pages: 64
...MBA November 28th, 2014 Mona Chaibi-Darouez Karima Guetarni Younes Djerrari Mona Chaibi-Darouez Karima Guetarni Younes Djerrari HRM Challenge France working environment HRM Challenge France working environment Lecturer: C BARZANTNI; R KASE; A ALEXANDROU Lecturer: C BARZANTNI; R KASE; A ALEXANDROU Contents Introduction 2 What are the HRM problems you identify 3 a) in the overall professional environment today 3 b) In this company in particular? 4 What will be, according to your perception and experience, the challenges for the future of HRM? 6 a) In general 6 b) In our company 7 Solutions to meet these HRM Challenges 10 a) Improving Performance Management 10 b) Employee Empowerment 11 c) Vocational Training 12 d) Postgraduate program design and updates 13 Conclusion 14 Executive Summary HRM is a key pillar of organization’s strategy aimed to improve overall performance and enhance work conditions. Nowadays and specially after the economic crisis, HR managers are facing several problems affecting the companies performance and thus their competitivity. In our study, we identify that the main problems are: Hiring the right persons, retaining performing employees, manage performance, monitor turnover and the lack of communication. The second part is about raising HR managers’ challenges. Among them, enhancing employee engagement, reduce absenteeism, managing talents, enhance branding, avoid brain drain and improve collaboration...
Words: 4183 - Pages: 17
...Core business | What industry sector[s] do they operate in?What are their strategic objectives for these sectors?What other sub-sectors are they operating in?Information sources: website, CBK (Centre for Business Knowledge) industry/client reports, report & accounts, analysts’ reports, One source reports, recent press articles, conversation with contacts. | 3 | Partner, contact or relation manager | Which people have contacts in the target organisation?e.g. Are we already working with the target - if yes, who are the members of the engagement team? Do we do any other work - e.g. MCS, tax, due diligence etc.Information sources: industry-specific Powerpacks, STREAM and other account management systems, “Word of Mouth” | 4 | Other type of business partner involvement in this opportunity | Does the target have any alliances or relationships with other organisations e.g. consultants, software houses (SAP, BAAN etc), joint ventures etc.Information sources: “Word of Mouth”, press articles, analysts reports, websites | 5 | Is this opportunity part of a wider bid or project | Are any other parts of our organisation targeting this organisation?e.g. is it a Global Account? Is it a key account in your country or internationally. Is it a target for another country (including USA, AsiaPac etc) ?Information sources: STREAM, account management teams/systems, sales, client service teams, industry-specific Powerpacks | 6 | Business drivers & challenges facing the customer/prospect...
Words: 1305 - Pages: 6
...Introduction Being the industry leader in polymer materials and per our mission statement, Riordan Manufacturing must remain in step with industry trends. In order to effectively attain this objective, we must acclimatize, embrace, and take advantage of new and innovative technologies. In addition to identifying existing systems employed within the company that are in need of upgrades, the remainder of this paper will also address new systems as well as sub-systems needed and present a brief summary of why these systems would be advantageous to the future of Riordan Manufacturing. Finance and Accounting Overview Riordan manufacturing employs nine basic finance and accounting subsystems globally and three additional subsystems at the San Jose, California corporate headquarters. The atmosphere of interoperability between each of Riordan’s offices (California, Georgia, Michigan, and China) is at best hostile. At present, each operating entity has its own finance and accounting system resulting in a number of inefficiencies due to company-wide systems incompatibility, a lot of which stems from the Michigan and Georgia acquisition. To better establish potential interoperability between existing subsystems, it is first necessary to define the current subsystems of each Riordan office, existing software solutions, and how these resources fit within or address the challenges facing Riordan Manufacturing’s finance and accounting business system. Existing Finance and Accounting Subsystems ...
Words: 2472 - Pages: 10
...machine parts and services to the domestic corrugated box and paperboard industry. The business is owned by Larisa Harrison and operates from a 50,000 square foot factory in the rural Shenandoah Valley with 150 employees, many of them now nearing retirement. Due to changes in the economy and new competition their dominant 70 percent of the market share is rapidly declining. While management was focused on building the business, the box and paperboard industry was changing; plastics and reusable containers were becoming more prevalent. Management is now faced with the task of developing and implementing a new strategy for growth, replacing skilled employees, and maintaining a competitive edge in the industry. This case study will identify the issues Covington is facing, analyze the problems, and propose a strategy for the new challenges ahead (Daft, 2013). Introduction Covington is a Virginia based company that provides parts and services to the domestic corrugated box and paperboard industry. With over 10 million in sales and 70 percent of the market share the company is considered and industry leader, however, the latest quarterly earnings statement is showing signs...
Words: 1185 - Pages: 5
...development in the country. However, few studies examined their development, challenges and future prospects. Therefore, the aim of this paper is to examine and analyse the role of SMEs in different sectors as well as their major contribution to the economy. The paper goes further to review the existing literature as well as the empirical studies in order to identify the major challenges (domestically and globally) that face this sector. The key messages from the studies examined in this paper are that Malaysian SMEs still face many domestic and global challenges in achieving economies of scale and competing internationally. Among the challenges are the low level of technological capabilities and limited skilled human capital resources, a low level of technology and ICT penetration, low levels of research and development (R&D), a substantial orientation towards domestic markets, a high level of international competition (for example, from China and India), a high level of bureaucracy in government agencies, and internal sourcing of funds. These characteristics suggest that government programs and incentives are either insufficient or not delivered effectively enough to overcome these problems. This paper attempts to identify the challenges as a positive first step towards formulating a workable framework for the SMEs to overcome them. Keywords: SMEs, development, contributions, challenges, Malaysia. 1. Introduction Malaysian SMEs are a vital component of the...
Words: 6025 - Pages: 25
...development in the country. However, few studies examined their development, challenges and future prospects. Therefore, the aim of this paper is to examine and analyse the role of SMEs in different sectors as well as their major contribution to the economy. The paper goes further to review the existing literature as well as the empirical studies in order to identify the major challenges (domestically and globally) that face this sector. The key messages from the studies examined in this paper are that Malaysian SMEs still face many domestic and global challenges in achieving economies of scale and competing internationally. Among the challenges are the low level of technological capabilities and limited skilled human capital resources, a low level of technology and ICT penetration, low levels of research and development (R&D), a substantial orientation towards domestic markets, a high level of international competition (for example, from China and India), a high level of bureaucracy in government agencies, and internal sourcing of funds. These characteristics suggest that government programs and incentives are either insufficient or not delivered effectively enough to overcome these problems. This paper attempts to identify the challenges as a positive first step towards formulating a workable framework for the SMEs to overcome them. Keywords: SMEs, development, contributions, challenges, Malaysia. 1. Introduction Malaysian SMEs are a vital component of the...
Words: 6025 - Pages: 25
...Internship Report A Demand-Supply Analysis of the Islamic Banking system in Bangladesh and the role of SCB Saadiq to meet the discrepancies, if any Prepared for: Dr. Neaz Ahmed Professor Prepared by: Ivdad Ahmed Khan Mojlish Roll: 43 Batch: BBA 13th June 24, 2009 Institute of Business Administration University of Dhaka June 24, 2009 Professor G M Chowdhury Chairman Internship & Placement Program Institute of Business Administration (IBA) University of Dhaka Subject: Submission of Internship report Dear Sir: I am very pleased to submit my Internship report on "A Demand-Supply Analysis of the Islamic Banking System in Bangladesh and the role of SCB Saadiq to meet any discrepancies, if any" for your review. This report has been prepared for Standard Chartered Saadiq under the supervision of Mr. Zia Hassan Siddique, Branch Manager SCB Saadiq. He has helped me a lot with all the support I required to complete this report. My faculty advisor was Mr. Neaz Ahmed, Professor, Institute of Business Administration, University of Dhaka, who has supervised me at every stage while carrying out this project. It was a great pleasure for me to have the opportunity to work on this project. I will be glad to clarify any discrepancy that may arise. Sincerely, Ivdad Ahmed Khan Mojlish Roll: 43, Batch: BBA 13th Institute of Business Administration University of Dhaka Acknowledgement First and foremost, I thank the Almighty Allah for letting me successfully...
Words: 1210 - Pages: 5
...MAY, 2015 DECLARATION We the undersigned, declare that this is the result of our own research work carried out in the School of Business, and under the supervision of Mr. Emmanuel Oheneba-Acquah ACKON BEATRICE 8535512 …………………………… …………………………… APRAKU ESTHER ASABEA 8548912 …………………………… …………………………… SEKUM-OPPONG KINGSLEY 8584412 …………………………… …………………………… CERTIFIED BY: EMMANUEL OHENEBA-ACQUAH……………………….. ……………………………. (SUPERVISOR) SIGNATURE DATE MR. J.E TURKSON ………………….. ……………………………. (HEAD OF DEPARTMENT) SIGNATURE DATE DEDICATION This study is dedicated to the Almighty God, we made this possible despite the many challenges faced and to our supervisor Mr. Emmanuel Oheneba-Acquah whose patience and intellect, guided us through this whole phase. We appreciate you! ACKNOWLEDGEMENT Thanks be to God for seeing us through this project work. If it had not been the Lord on our side where would we have been, it was by the Lord’s mercy and grace. We are also grateful for the support of Michael Wiafe at Kwame Nkrumah University of Science and Technology (IDL) - and all the staff of Accra Campus office; Mr. Emmanuel Oheneba-Acquah for his patience and love as well as taking time...
Words: 13024 - Pages: 53
...RESEARCH PROJECT CHALLENGES FACING THE PERFORMANCE OF COMMERCIAL BANKS IN KENYA A CASE STUDY OF CO-OPERATIVE BANK OF KENYA 1.0 INRODUCTION 2.1 Background of the Study Commercial banks are institutions which accepts deposits, makes business loans, and offers related services. Commercial banks also allow for a variety of deposit accounts, such as checking, savings, and time deposit. These institutions are run to make a profit and owned by a group of individuals, yet some may be members of the Federal Reserve System. While commercial banks offer services to individuals, they are primarily concerned with receiving deposits and lending to businesses. 2.2 Profile of the Co-operative Bank of Kenya The Co-operative Bank of Kenya Limited ('the Bank') is incorporated in Kenya under the Company's Act and is also licensed to do the business of banking under the Banking Act. The Bank was initially registered under the Co-operative Societies Act at the point of founding in 1965. This status was retained up to and until June 27th 2008 when the Bank's Special General Meeting resolved to incorporate under the Companies Act with a view to complying with the requirements for listing on the Nairobi Stock Exchange (NSE). The Bank went public and was listed on December 22 2008. Shares previously held by the 3,805 co-operatives societies and unions were ring-fenced under Coop Holdings Co-operative Society Limited which became the strategic investor in the Bank with...
Words: 940 - Pages: 4
