...Thematic Study | 12 December 2012 17th ANNUAL WEALTH CREATION STUDY (2007-2012) Economic Moat Fountainhead of Wealth Creation HIGHLIGHTS Economic Moat protects profits and profitability of companies from competitive attack. Extended CAP (competitive advantage period) of Economic Moat Companies (EMCs) leads to superior levels of profits and stock returns. Over 2002-2012, EMCs in India have outperformed benchmark indices. Breach of Economic Moat causes massive wealth destruction. Markets seem poised to touch new highs in the next 12 months. "(Great companies to invest are like) Wonderful castles, surrounded by deep, dangerous moats where the leader inside is an honest and decent person. Preferably, the castle gets its strength from the genius inside; the moat is permanent and acts as a powerful deterrent to those considering an attack; and inside, the leader makes gold but doesn't keep it all for himself. Roughly translated, we like great companies with dominant positions, whose franchise is hard to duplicate and has tremendous staying power or some permanence to it." — Warren Buffett TOP 10 WEALTH CREATORS (2007-2012) THE BIGGEST Rank 1 2 3 4 5 6 7 8 9 10 Company ITC TCS HDFC Bank MMTC HDFC State Bank of India Infosys Tata Motors Hind Unilever Jindal Steel Wealth Created (INR b) 1,187 1,082 744 671 558 556 516 499 457 436 THE FASTEST Company TTK Prestige LIC Housing Finance Coromandel Inter Eicher Motors IndusInd Bank MMTC Jindal Steel Bata...
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...White Paper What is a 'White Paper' A white paper is an informational document issued by a company to promote or highlight the features of a solution, product or service. White papers are sales and marketing documents used to entice or persuade potential customers to learn more about or purchase a particular product, service, technology or methodology. White papers are designed to be used as a marketing tool before a sale, and not as a user manual or other technical document developed to provide support to the user after making a purchase. Next Up 1. Knowledge Capital 2. Offering Memorandum 3. Economic Moat 4. Marketing 5. BREAKING DOWN 'White Paper' The purpose of a white paper is to promote a certain product, service, technology or methodology, and to influence current and prospective customers' decisions. Many white papers are designed for B2B (business to business) marketing purposes, such as between a manufacturer and a wholesaler, or between a wholesaler and a retailer. The white paper is used to inform and persuade the other company that a certain offering (such as a product or technology) is superior for solving a particular business problem or addressing a certain challenge. In relation to B2B marketing, there are three main types of white papers: backgrounders, which explain the technical features of a particular offering; numbered lists, which highlight tips or points regarding an offering; and problem/solution white papers, which introduce an...
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...Royal Dutch Shell PLC RDS.A [pic][pic][pic][pic][pic] [pic][pic] [pic] | | |[pic][pic] | |[pic] | |[pic] | |[pic] | | | | | | | |[pic] | |[pic] ...
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...In an exclusive interview, Apple's CEO talked with Fortune senior editor Betsy Morris in February in Kona, Hawaii, where he was vacationing with his family, about the keys to the company's success, the prospect of Apple without Jobs, and more. Here are excerpts. On the birth of the iPhone "We all had cellphones. We just hated them, they were so awful to use. The software was terrible. The hardware wasn't very good. We talked to our friends, and they all hated their cellphones too. Everybody seemed to hate their phones. And we saw that these things really could become much more powerful and interesting to license. It's a huge market. I mean a billion phones get shipped every year, and that's almost an order of magnitude greater than the number of music players. It's four times the number of PCs that ship every year. "It was a great challenge. Let's make a great phone that we fall in love with. And we've got the technology. We've got the miniaturization from the iPod. We've got the sophisticated operating system from Mac. Nobody had ever thought about putting operating systems as sophisticated as OS X inside a phone, so that was a real question. We had a big debate inside the company whether we could do that or not. And that was one where I had to adjudicate it and just say, 'We're going to do it. Let's try.' The smartest software guys were saying they can do it, so let's give them a shot. And they did." On Apple's connection with the consumer "We did iTunes because we...
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...Cola Wars Continue: Coke and Pepsi in 2010 1. Briefly describe the basic structure of the CSD industry and how it has evolved. The production and distribution of CSDs involves four major participants: producers, bottlers, retail channels and suppliers. a. Concentrate Producers blended raw materials for the soft drinks, package it and sell mixture to the bottlers. Though they require little capital investment, their significant costs were from advertising, promotion, market research and bottler support. Concentrate producers not only had influence in their own function but also greatly influenced in the process and decision of other three participants. E.g. they negotiated directly with their bottlers' major suppliers to achieve reliable supply, fast delivery and low prices, they were instrumental in the consolidation of the bottlers, they retained the relationship with mass merchandisers and negotiated pricing directly. By 2009 72% of the U.S. CSD market was covered by Coke and Pepsi only. b. Bottler buy the concentrate from concentrate producers and package them for end users. They require much higher capital investment and have much higher overhead for running their highly sophisticate and automated manufacturing plants. By 2009 number of bottlers have fallen from 2000 to fewer than 300 due to consolidated franchised bottling strategy. Pricing for the concentrate was controlled by the concentrate producers. While bottlers operating margin is usually around 8%...
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...History The pioneer settlers of the Mindoro Islands were the Aeta, referred to in the early Spanish accounts as the Chichimecos. It has been theorized that when the Malay immigrants arrived in Mindoro, they pushed the Aeta deep into the interior. The former, however, did not completely isolate the latter and instead continued bartering their commodities with forest products which were in turn traded with foreign merchants plying Philippine seas. The Mangyan settled along the shores of Mindoro Island approximately 600-700 years ago. It is believed that they had come from the southern regions of the archipelago. They were gradually forced to leave their coastal settlements by more aggressive groups. It appears that the Mangyan have traditionally been an unwarlike people, choosing to give up an area uncontested rather than fight for it. The earliest accounts, which mention Mindoro and its people, are found 13th century Chinese dynastic records. A number of Chinese state documents, particularly those written in the Sung and Ming dynasties, suggest that before the coming of the Spanish conquistadors, commercial trade was flourishing between the inhabitants of Mindoro and Chinese merchants. Objects unearthed on the island, such as ceramics, porcelain, large earthenware, beads, and glass object are evidence of precolonial trade, which contributed to the shaping of an indigenous material culture among the early inhabitants of Mindoro. The island was a viable...
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...They reached Fort Pulaski by noon with flags waving and drums beating. They literally walked into the fort, took formal possession of it, and raised Georgia’s flag with proper salutes. They never stumbled upon any sort of resistance. The Governor ordered Lawton to hold off all invasive forces in order to defend Savannah. However, Fort Pulaski was in no condition to be defended. Mud filled the surrounding moat, rusted guns had to be remounted, and men had to be trained. Communication lines were established by way of a telegraph line between Savannah and Cockspur Island. Forts erected on Hilton Head Island and Tybee Island in order to defend Fort Pulaski. In due time, defenses were improved, but not at 100%. By this time, Colonel Charles H. Olmstead took command of...
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...she sat next to me. The lantern I had placed beside us cast flickering light throughout the abandoned tannery‘s darkened interior. Eerie, dust-laden cobwebs clung to every wooden beam, workbench and table, causing her to shudder. I glanced at her innocent face untouched by grief, and wished yet again that I had been born in her day rather than mine. ―For emotional support.‖ ―Then I‘m not in any danger, Aunt Margryte?‖ she asked unsurely. ―Of course not, Geruscha,‖ I said while smoothing down a ruffle in my threadbare black mourning dress. ―Do you know who owns this place?‖ ―I used to. Well, I guess I still do.‖ Memories of better days from decades past superimposed themselves over broken chairs and dilapidated benches. I bit my lip to keep deep inner pain at bay. ―So why don‘t you sell it? Seems structurally intact; surely there‘s a tanner who would buy it from you?‖ ―You ask a lot of questions, Geruscha,‖ I protested. ―You did ask me to come tonight,‖ she pouted. ―So I did. I keep this place because it suits my purposes on the odd occasion, such as tonight,‖ I answered after a moment. Geruscha‘s next question died on her lips when the front door swept open to admit a badly scarred man dressed in the garb of a common mercenary. I laid a hand on her forearm to reassure her. Aged wooden floorboards groaned under unaccustomed weight as the man approached us. Cold eyes met mine, and then studied my niece as though she was a horse for sale. ―Who‘s this?‖ he grunted. ―This is Geruscha...
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...Executive Summary This report provides an analysis and evaluation of Air New Zealand. Method of analysis this report is SWOT analysis and five forces module. Other analysis includes deep investigation on company profiles. The report founds the weakness and strength in the company and examines internal and external factors that might influence the survivability of Air New Zealand. The report will explain how Air New Zealand handles the pressure from every competition they faced until today. All strategies will be discussed in evaluation section of this report. In addition to the conclusion of evaluation; this report will also answer the case studies that being related to Air New Zealand, they are: 1. Discuss how barriers to entry in the airline industry have changed in the past decade. 2. In light of such lowering of barriers, what opportunities are there for there for Air New Zealand to pursue? 3. Air New Zealand must consider different stakeholders in its pursuit of corporate strategies. Identify the key stakeholders and their concerns Introduction Air New Zealand Limited, is the national airline and flag carrier of New Zealand. Since the appointment of Ralph Norris as Managing Director and CEO of Air New Zealand in February 2002, Air New Zealand has been working on its new strategic direction. Structural changes in the marketplace made a new direction indispensable and Air NZ is now turning away from inflexible service offerings to align its route...
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...Marketing Strategy Notes for Cravens/Piercy Book Chapters 1-5 Chapter 1- Market Driven Strategy Know the what and why on all of these: Market driven Strategy = the market and the customers that form the market should be the starting point in business strategy formulation. See page 3. What does this mean for the auto business, a restaurant, a college or university, what would they do? Related topics foundational for a market driven strategy: Marketing Concept or Orientation – says that the key to success in business is to identify and satisfy needs and wants of the buyer. The customer is king. This contrast to the production orientation/concept which focuses on how to make the product at low cost, and the selling concept/orientation which focuses on promoting what you want to sell. In the production and selling orientations the company makes what it wants to make and tries to get the consumer to buy it. With the marketing orientation the company first figures out what people want to buy, then makes it, and then tells them about it. Market Oriented/ Market Orientation – see page 4. Means: Customer is focal point of company’s total operations Customer Focus Cross Functional Coordination Competitor Intelligence Result – superior performance Creating Value – must deliver benefits in excess of costs (value), the greater the excess the better. (Auto and college as examples) Note that we can’t do all things for all people: ...
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...Marketing Strategy Notes for Cravens/Piercy Book Chapters 1-5 Chapter 1- Market Driven Strategy Know the what and why on all of these: Market driven Strategy = the market and the customers that form the market should be the starting point in business strategy formulation. See page 3. What does this mean for the auto business, a restaurant, a college or university, what would they do? Related topics foundational for a market driven strategy: Marketing Concept or Orientation – says that the key to success in business is to identify and satisfy needs and wants of the buyer. The customer is king. This contrast to the production orientation/concept which focuses on how to make the product at low cost, and the selling concept/orientation which focuses on promoting what you want to sell. In the production and selling orientations the company makes what it wants to make and tries to get the consumer to buy it. With the marketing orientation the company first figures out what people want to buy, then makes it, and then tells them about it. Market Oriented/ Market Orientation – see page 4. Means: Customer is focal point of company’s total operations Customer Focus Cross Functional Coordination Competitor Intelligence Result – superior performance Creating Value – must deliver benefits in excess of costs (value), the greater the excess the better. (Auto and college as examples) Note that we can’t do all things for all people: ...
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...MY LOVELY HOME DISTRICT KUALA TERENGGANU NAME : PUTERI MIRA SYAHIRAH BINTI AHMAD RAZEMIID NO. : 012012050825LECTURER’S NAME : DR. RAZALI IBRAHIM | TABLE OF CONTENT TITLE | PAGE | 1. | INTRODUCTION | 1 | 2. | STORY 2.1 GEOGRAPHY 2.2 HISTORY 2.3 ECONOMIC ACTIVITIES 2.4 CULTURE 2.5 PLACES OF INTEREST 2.6 THEME PARKS 2.7 INTERESTING FESTIVAL 2.8 TRANSPORTATION | 23-456-1617-2627-2829-3031-34 | 3. | PROMOTION | 35-37 | 4. | CONCLUSION | 38 | INTRODUCTION OF KUALA TERENGGANU Hailed as the ‘Gem of the East Coast,’ Terengganu is a magical destination steeped in culture and heritage. Its long coastline offers sweeping vistas of aquamarine waters fringed by white powdery sands. Away from the shores lie a cluster of islands that gleam invitingly in the South China Sea. Kuala Terengganu is the charming capital of this state. Meandering rivers lit by the glow of fireflies, cascading waterfalls and sprawling lakes from some of the state’s most impressive natural sceneries. Home to charming coastal villages and a wealth of traditional crafts, Terengganu beckons with a grace and beauty that is distinctly Malay. 2. STORY 2.1 Geography of Terengganu Area : 12 955 sq km State Capital and Royal Town : Kuala Terengganu Head of State : Duli Yang Maha Mulia Sultan Mizan Zainal Abidin Ibni Almarhum Sultan Mahmud al-Muktafi Billah Shah DK (NS), DMN, SSMT, DK (Perlis), DKT, SPMJ, DK (Johor), SPMT, DK (Terengganu) ...
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...CONTENTS Sr.No. Name Of The Topic Page No. 1. Introduction A] Company Profile Of Nokia B] Company Profile Of Samsung 2. Objective Of The Study 3. Scope of the Study 4. Research Methodology A] Primary Data B] Secondary Data 5. Review of Literature 6. Data Analysis And Interpretation 7. Limitation of the Study 8. Recommendations 9. Findings 10. Conclusions 11. Questionnaire 12. Bibli Bibliography INTRODUCTION Definition of Mobile phone:- The cellular telephone (commonly “mobile phone” or “cell phone” or “hand phone’) is a long range portable electronic device used for mobile communication. In addition to the standard voice function of a telephone, current mobile phones can support many additional services such assess or text messaging, email, switching for access to the Internet, & MMS for sending and receiving photos and video. Most current mobile phones connect to a Cellular network of base stations which is in turn interconnected to the public switched telephone networks phones. Cellular telephone is also defined as a type of short- wave analog or digital telecommunication in which a subscriber has a wireless connection from a mobile telephone to a relatively nearby transmitter. The transmitter's span of coverage is called a cell. Generally, cellular telephone service is available in urban areas and along major highways. As the cellular telephone user moves from one cell or...
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...came the Aryans from Central Asia and the Dravidians from Western India. Then came the Guptas, Palas, Senas, who were Buddhist and Hindus. From the 13th century A.D. the flood of Muslim invaders and the tide of Islam swamped the Buddhist and Hindus untold 8th century. Sometimes there were independent rulers like the Hussain Shahi and Ilyas Shahi dynasties while at other times they ruled on behalf of the imperial seat of Delhi. From 15th century the Europeans, namely; Portuguese, Dutch, French and British traders exerted an economic influence over the region. British political rule over the region began in 1757 A.D. when the last Muslim ruler of Ben. gal was defeated at Palassey. In 1947 the country was partitioned into India and Pakistan. Present Bangladesh becomes the Eastern Wing of the then Pakistan. But the movement for autonomy for East Pakistan started within a couple of years because of language and cultural difference and economic disparity between the two wings. The...
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...Proposed Tourism Development in: _______Intramuros______ TM09306: Tourism Planning and Development __________________________________________________________________Final Report ABSTRACT A historical place called Intramuros that is once a center for government religion and military superiority during the Spanish era, During the time it was called a walled city because of the tall walls that covered all over the place. But during the 2nd World War it was heavily damage due to bombings and also, the Japanese used it for their prison barracks. This paper shows the profile of the case study area which consist of Geographic Characteristics, Socio-economic, and Political profile. This explains the current status of Intramuros in terms of population, environmental quality, economic condition, and the educational institutions in the area. Political profile is one of the most important factors to consider since the government is the one who gives financial support to accomplish certain projects or plans. The city of Intramuros has many things to offer. Even if it is not blessed with natural and archeological resources, the “walled city” is rich in history and culture that plays a major role in preserving our heritage and national identity since, it is easily overlooked by many Filipinos. In order to know the strategies that we are going to utilize and to come up with our group’s goal and mission, we use Strengths, Weaknesses, Opportunities and Threats Analysis...
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