...The future of the coffee industry The Canadian market The Canadian market is relatively small compared to other countries in the world; however it is quite sophisticated and well served by local distributors, retailers and shops in each major city. In this context, the competition will continue to be strong, posing challenges for all companies. The trend will evolve into more specialization, with companies offering premium blends, ethical “fair trade” products and exotic flavours to attract new consumers. Fast-food chains such as McDonald’s will continue to focus on improving the quality of coffee served, to gain more market share. Restaurants are also major purchasing points for coffee that will continue developing private labels and branding. The battle for market share appears to focus, not on the area of cost reduction or mass production, but rather through the marketing of new products tailored to the consumers’ particular tastes. Consumers Consumers, both young and old, have rediscovered coffee, being exposed to premium coffee products, single-serve formats and iced coffees. Iced coffees in particular have captured the interest of the youth market and have introduced these young consumers to coffee, increasing the chance that they will continue to be consumers throughout their lives. Although coffee has historically been identified as a morning beverage, these new consumers will likely contribute to expanding traditional consumption patterns in the future. On...
Words: 365 - Pages: 2
...The Future Path of Malaysian Telecommunication Industry Introduction The era of the industrialization and information age has made the telecommunication industry expanded into diversified functionality to support the growth of technological advancement for better services demanded by any particular nation. In Malaysia, telecommunication industry is now considered to be prominent due to its contribution as a tool of technological support for the national development in line with the national aspirations. Hence, this paper will try to explore certain developmental features in the telecommunication industry that will portray the future path of such industry in the next coming century to "comfort" the nation as a whole through its available and possible services. Global Development of Telecommunication Industry There is no doubt that the developments of telecommunication industry and its technological infrastructure throughout the world have influenced the robust evolution of information industry. Thus, such phenomenon has contributed to the introduction of various newly sophisticated related technologies. In fact, telecommunication and information industries are very best described as "twin technology". In general, most people relate that telecommunication industry is a catalyst and the backbone for better services of broadcasting and communication services. Nowadays, especially in the most sophisticated information age, the industry also bares responsibility to create a global...
Words: 1815 - Pages: 8
...Service Quality: The Future of the Services Industry “Why is quality such an important issue in the marketing of services? Why is quality more difficult to manage in service industries than it is in the case of physical goods? Use examples to support your answer.” The concept of service quality is a relatively new construct in the marketing discipline which first emerged in the 1980’s when organisations began to consider quality not only in the already established manufacturing sector but in the rapidly evolving service industries sector also. Specifically defined service quality is a subjective experience which results from ‘an evaluation process in which the customer compares their perceptions of service with their expectations’ (McColl-Kennedy 2003). In the late 1990s and early part of the 21st century service organisations began to realise the importance of service quality and strived to narrow the gap between the customers perceptions of service and their expectations in order to deliver a quality service that linked to customer satisfaction, retention and patronage. This relisation that service quality was an important source of competitive advantage and long-term profitability for service organisation’s advocated the paradigm shift in marketing from a focus on manufacturing quality to incorporate service quality also. Moreover the modern day services firm strives to deliver a quality service on a routine basis, however due to the uncontrollable and unpredictable...
Words: 1626 - Pages: 7
...Table of Contents Future of League Drafts and Age Entry…………………………………….4 Changes in drug testing policies in professional sports…………….7 League Finances……………………………………………………………………..9 Player Safety…………………………………………………………………………..11 ABSTRACT Professional sports are leagues that are made for the best of the best athletes in sports. Once a player leaves the collegiate level of sports and moves into the professional level, he is now competing every day for his job. Owners try hard to build their team from the ground up. When a team is struggling, owners try to find new solutions to bring in team revenue and on the other hand when a team is successful owners try hard to keep players by offering large contracts that they can afford. To keep order on teams, leagues have strict drug testing policy that keeps players healthy and allows the playing field to be fair. Leagues make changes for the better of the players and the fans. In order to market effectively leagues do what it takes to allow more access to the fans by using technology. Commissioners take notice on feedback from players and fans in order to make the sport safer to play and fun to watch. When watching a professional sports game, we do not see the orchestrating job of the league commissioner, team owners, and players. From players entering the league at a young age from college, they need to be ready to compete for their position and take in all the rules the league hand out. Super star players carry...
Words: 3371 - Pages: 14
...Mobile banking is a system that allows customers of a financial institution to conduct a number of financial transactions through a mobile device such as a mobile phone or personal digital assistant. Mobile banking differs from mobile payments, which involve the use of a mobile device to pay for goods or services either at the point of sale or remotely,[1] analogously to the use of a debit or credit card to effect an EFTPOS payment. The earliest mobile banking services were offered over SMS, a service known as SMS banking. With the introduction of smart phones with WAP support enabling the use of the mobile web in 1999, the first European banks started to offer mobile banking on this platform to their customers.[2] Mobile banking has until recently (2010) most often been performed via SMS or the mobile web. Apple's initial success with iPhone and the rapid growth of phones based on Google's Android (operating system) have led to increasing use of special client programs, called apps, downloaded to the mobile device. With that said, advancements in web technologies such as HTML5, CSS3 and JavaScript have seen more banks launching mobile web based services to complement native applications. A recent study (May 2012) by Mapa Research suggests that over a third of banks[3] have mobile device detection upon visiting the banks' main website. A number of things can happen on mobile detection such as redirecting to an app store, redirection to a mobile banking specific website...
Words: 264 - Pages: 2
...A Paper titled “Global Socio-Economic Crisis and Crime Control Policies: Regional and National Comparison” presented to the International Society for Criminology (ISC) during the 2011 Kobe, Japan 16th World Congress of ISC held between August 5 -9, 2011 in Japan. By Nwokwu Mathew A delegate from Federal Republic of Nigeria National Open University of Nigeria (NOUN) Department of Criminology and Security Studies Special Study Centre for the Nigerian Navy, Apapa Lagos Nigeria West African Sub-Region. Your Excellency: The President of the International Society of Criminology (ISC) The Organizing Committee and Local Arrangement Committee The Japan Federation of Criminological Associations (JFCA), The Cooperating Organizations and Other Assistants, whose efforts have made this event a success, Officials from the United Nations and Council of Europe present; Criminologists all over the world present; Let me also acknowledge the presence of my brother, my father, my friend, mentor and my sponsor, Dr. Boniface Afifia-Oru, who is one of the frontiers of Socio-Economic development in Africa, the author of ‘Dynamics of Credit Economic System in Africa, a technocrat, Sir, you are now a kinsman of International Society for Criminology, Ladies and Gentlemen. It is great to come to the original abode of immortal beings. As a young man I am very curious to read about the legend that in 219 BC, Emperor Shih Huang-Ti sent 3,000 young boys and girls to your Island to bring back the herb of...
Words: 2693 - Pages: 11
...VENEZUELA OIL AND GAS INDUSTRY (PDVSA) NAME: INSTITUTION: Venezuela is among world’s leading oil and gas industry holders. It is ranked 13th among the world’s largest oil producers and 10th among the exporters. Notably, it has historically been one of the United States largest sources of oil imports. These key contributions in the world attract experts’ opinions about Venezuela’s future trends in the industry. It is majorly dependent on key factors such as the customer needs, state of economies and the environmental changes in the country. The increasing customer needs has had a major role in the prediction of future trends in the oil and gas industry in Venezuela. Globally the customer demand influences the world peak oil; this refers to when the rate of oil production enters its maximum level. Some petroleum experts such as Kenneth Deffeyes and Matthew Simmons believe that the increased dependence of agricultural, industrial, and transport systems on low cost and availability of oil have negative impacts on the gas and oil industry (World crisis.net, 2008). If strategic economic changes are only in response to high prices and shortages rather than a threat of the peak, then the rate of economic damage to importing countries would only depend on how rapid oil imports decline after the peak. The oil demand is projected to grow to increase by over 30% from current levels by 2030. Venezuela been a key source of oil means that it will play a key role to try and meet the need...
Words: 1348 - Pages: 6
...Assignment 4 THE CURRENT STATUS AND FUTURE OF SHIPBUILDING INDUSTRY IN BANGLADESH Prepared for: Shawkat Kamal Course instructor, Portfolio Management & Investment Analysis Prepared by: MD. FERDOUS KABIR ID No.: 140 Batch: 46D MBA Program INSTITUTE OF BUSINESS ADMINISTRATION UNIVERSITY OF DHAKA kabir_ferdous@yahoo.com April 1, 2013 INTRODUCTION: Bangladesh is a maritime nation with 1,66,000 sq. km area of sea, abundance with living and non-living resources. There are more than 200 rivers all around the country, with a total length of about 22,155 km, which occupy about 11% of total area of the country. Here rivers and water transports play a vital role for economical and commercial activities in Bangladesh. Major export and import of Bangladesh (about 85%) is also traveled by sea. At present more than 5,000 inland/coastal ships have been plying all over the country, which carry more than 90% of total oil product, 70% of cargo and 35% of passengers. More than 1,00,000 skilled workers and 150,000 semi-skilled workers are employed in this labor-intensive industry. All inland ships are constructed and repaired in local shipyards. Bangladesh harbours the second largest ship breaking industries in the world. They are the prime source of raw material including plate, frame, stiffener, longitudinal, pipe, old engine/generator, and even auxiliary machinery, for most of the local private shipbuilding yards. Those are used as raw material in manufacturing and repairing...
Words: 4854 - Pages: 20
...The Second Hand Industry; does it hold a Sustainable Future FTMG20295 N0300561 Catherine Mellor Word Count: 5471 CONTENTS PAGE Abstract i List of Figures/Illustrations ii 1.0 Introduction Page 3. 1.1 Background Page 3 - 4. 1.2 The UK High street Page 4. 1.3 The UK economy Page 4. 1.4 Rationale Page 4, 5. 1.5 Hypothesis Page 5. 2.0 Methodology Page 5. 2.1 Research Methodology Page 5. 2.2 Secondary Research Page 5. 2.3 Primary Research Page 5 -6. 2.4 Aims and Objectives Page 6. 2.5 Beneficiaries...
Words: 9195 - Pages: 37
...may pose serious threats in the near future. Thus, product diversification is necessary in that case shipbuilding could be a new horizon. The giant ship building nations such as Korea, Japan, China, and Vietnam have been booked with large orders for the next ten years. Some countries have already announced that they will not go for building ships less than 25,000 DWT (Dead Weight Tonnage). This opens up an opportunity for Bangladesh. If Bangladesh could nurture this opportunity with a helping hand from the government, as well as from other quarters, it could be the second largest export earning industry after ready-made garments within less than 10 years. But the shipbuilding industry of Bangladesh currently faces several problems such as high rate of bank guarantee, lack of working capital with low interest rate, lack of availability of land on river banks to build shipyards, etc., which should be solved on a priority basis to get results early from this industry. Bangladesh is a land of rivers and shipbuilding is synonymous with Bangladesh. Thousands of locallybuilt ships ply its inland waters. Almost 90 percent of petroleum and food products and 20 percent of passengers move through the waterways which has created the opportunity to build and use these water vessels here. Historically Bangladesh has a ship building infrastructure. Shipbuilding in Bangladesh is not new but the rise of export-oriented shipbuilding industry is. With the first export order for...
Words: 2496 - Pages: 10
...later, the industry is wondering if RIM can compete with the likes of Apple and Google with their new devices running on their revolutionary iOS and Android operating platforms. The future of wireless industry is constantly improving and the future category where none existed before” (Castaldo, J., 2007). Surely RIM was poised for success; however, three short years later, the industry is wondering if RIM can compete with the likes of Apple and Google with their new devices running on their revolutionary iOS and Android operating platforms. The future of wireless industry is constantly improving and the future category where none existed before” (Castaldo, J., 2007). Surely RIM was poised for success; however, three short years later, the industry is wondering if RIM can compete with the likes of Apple and Google with their new devices running on their revolutionary iOS and Android operating platforms. The future of wireless industry is constantly improving and the future category where none existed before” (Castaldo, J., 2007). Surely RIM was poised for success; however, three short years later, the industry is wondering if RIM can compete with the likes of Apple and Google with their new devices running on their revolutionary iOS and Android operating platforms. The future of wireless industry is constantly improving and the future category where none existed before” (Castaldo, J., 2007). Surely RIM was poised for success; however, three short years later, the industry is wondering...
Words: 1566 - Pages: 7
...the retail industry. External factors are constantly changing the environment and industries that businesses operate in today. Analysing these factors is the best way to determine which aspects have the largest effect on the industry and the business. The retail industry in New Zealand is by no means small. This means that The Warehouse Ltd is constantly under threat from numerous competitors. Stores such as Farmers, Briscoes, Rebel Sports and Dicksmith all sell similar or the same products as The Warehouse Ltd products. In 2011 the total expenditure for the retail industry in New Zealand was $65,901,115 (Retail Research and Statistics, 2009-2011). This is a very high amount of expenditure which means rivals have plenty of opportunities to gain their share within the retail industry in New Zealand. The Five Forces Analysis is the best way to understand the key dynamics, drivers and forces which control the retail industry. The threat of new entrants to the retail industry is an important aspect. The Five Forces Model states that new entrants can pose to the industry consist of (Hanson, Ireland, Hoskisson, & Ireland, 2011): * Product differentiation * Economies of scale * Capital requirements * Switching costs * Access to distribution channels * Cost disadvantages independent of scale * Government policy * Expected retaliation. Whether or not suppliers have bargaining power is also an important factor that is related to the retail industry. In this...
Words: 1816 - Pages: 8
...SWOT Analysis: Fitness Centers Industry Courtney Albertson PHL/320 30 March 2015 Matthew Hazlett SWOT Analysis: Fitness Center Industry It today’s society, “going to the gym” has become a normal phrase heard around the world; however, the fitness center industry is not exactly in the spot light of today’s media and headline news. So, that sparks the interest of what makes the fitness center industry succeed, what are their strengths. What about the fitness center industry in the future; are there weaknesses that could ultimately cause them to fail as a whole? What about opportunities that could add to their success? Are there threats that lean on the shoulders of those managing such an industry? With all this curiosity, a SWOT analysis needed to be done. Are you curious about those results? Are you curious about the future of your gym? Industry Background The fitness center industry only came to light in the 1970s and 1980s with simple cardio (running), and aerobics. Though, in the early 2000s an enormous growth occurred in the industry; in the beginning of the decade there were 16,938 combined gyms and clubs, and by January 2008, there were 29,636 combined gyms and clubs (Franchise Help, 2015). This industry comes in many shapes and colors, so to speak; there are large name-brand franchises such as LA Fitness, 24 Hr. Fitness, and the YMCA, there are small local gyms that are ran by neighbors and friends of a small town, and of course the private, elite country clubs...
Words: 1556 - Pages: 7
...highlighted summary of the book, Competing for the Future, published by Harvard Business School Publishing. The statements below are key points of the book as determined by James Altfeld and have been made available at no charge to the user. Competing for the Future By Gary Hamel and C.K. Prahalad Look around your company. Look at the high profile initiatives that have been launched recently. Look at the issues that are preoccupying senior management. Look at the criteria and benchmarks by which progress is being measured. Look at the track record of new business creation. Look into the faces of your colleagues and consider their dreams and fears. Look toward the future and regenerate success again and again in the years and decades to come. Now ask yourself: Does senior management have a clear and broadly shared understanding of how the industry may be different ten years from now? Are its headlights shining farther out than those of competitors? Is its point of view about the future clearly reflected in the company’s short term priorities? Is its point of view about the future competitively unique? Ask yourself: How influential is my company in setting the new rules of competition within its industry? Is it regularly redefining new ways of doing business building new capabilities, and setting new standards of customer satisfaction? Is it more a rule maker than a rule taker within its industry? Is it more intent on challenging the industry status quo than protecting it? Ask yourself:...
Words: 8859 - Pages: 36
...TEACHING MODULE THE FUTURE OF FASHION DECEMBER 2010 This teaching module was independently written by the Aspen Institute Business and Society Program with the generous support of THE FUTURE OF FASHION: SUSTAINABILITY THROUGH THE LENS OF THE FASHION INDUSTRY* By: Jennifer Johnson & Gina Wu Companies across all industries are facing the challenges of business sustainability, debating how best to address these risky issues while also embracing their opportunities for competitive advantage. This Teaching Module uses the context of the fashion industry to discuss topics that are shaping the future of all industries. These topics include sustainable resource management, the challenges and opportunities of global growth, workforce management, and the role of ethical consumption in business. The fashion industry offers a compelling case study for exploring business sustainability issues. In the fashion industry, as in many industries, success requires highly developed sourcing, design, manufacturing, and marketing chains. Increasingly, success also means incorporating sustainability in resource and labor management, as firms realize that long-term corporate survival will depend on new ways of doing business. Climate change, resource challenges, new technologies and dramatic shifts in the global economy are already impacting the industry. The nexus of these concerns allows students to explore sustainability challenges while providing a framework for discussing new business...
Words: 7523 - Pages: 31
