...------------------------------------------------- Species in the environment, r and K selection K and r selection: * r - the intrinsic rate of increase * K - the carrying capacity for the organism in that environment * r and K selection was an early attempt to identify life-history distinctions * r-selected species do well at low population density, and are at an advantage in frequently disturbed habitats * K-selected species do well at high population density and are at an advantage in constant or predictable habitats * Heuristically very useful as it allows use to predict the types of species likely to occur under different disturbance regimes R selection: * r-selected species have a rapid rate of population increase. * This is typical of species that colonise short-lived environments or of populations that undergo large fluctuations * Eg. Weeds, aphids, bacteria K selection: * K - selected species have superior competitive ability in stable environments where rapid population growth is unimportant as the population is maintained near K Ways to categorize/class species: * By biome or community type * By life history strategy * By life reproductive strategy * By basic approach to the environment What governs the distribution of species? * Evolutionary factors populations separated on to geographically distinct regions have different evolutionary trajectories * Dispersal constraints species may not have...
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...invest money, time, and/or resources. Finding committed people who can see your vision for your business, and commit to working hard to meet the mission and goals for the business are valuable assets. These people may be family members, friends, classmates, or someone you met and connected with soon after sharing your vision. Urban Outfitters was started by Richard and Judy Hayne, and Richard’s old college roommate, Scott Belair. Roughly a year after the first store opened, Judy and Richard divorced and went separate ways; Scott Belair graduated from school and left the enterprise for Wall Street (Steve Jobs, 2011). Finding these great people does not mean they will stay with you forever, so choose wisely. Question 2: Define what a "niche" product is. Give at least three examples...
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...| | | | | | | | | | INDIAN INSTITUTE OF MANAGEMENT KOZHIKODE | | | | Deteriorating Technical Niche of Software EngineersSSD | Project Proposal8/24/2014 | | Submitted By: | EPGP-05-121 | Jaspreet Singh | EPGP-05-141 | Rajan Gupta | EPGP-05-148 | Sandip Shah | EPGP-05-156 | Susanta Paul | EPGP-05-142 | Raja Row Choudhury | Proposal for Simulation and System Dynamics.@2014 Authors. No part of this document should be reproduced or distributed without the prior permission of authors. | Problem Area Technical Talent shortage, Skill-Gap, Skill Mismatch, Skills shortage, etc. are the expressions of the same problem which have remained abuzz in almost all the Technology centric industries since years. The case of IT Services Industry is no different. In fact the skill gap widens even more, as the pace on which the technologies are changing in the IT / Digital space is the fastest. Concepts of IT have evolved so fast that it seems we have lived through multiple eras in less than a decade’s time – dot-com era; Information era with the advent of the powerful Search engine, Google and the knowledge collaborators, Wikis; the E-era, in which IT engulfed the whole Business value-chain with its e-models – e-commerce to e-business; then came the Social-era, which re-defined not just businesses but the people’s lives by taking them thousands of miles ahead in terms of reach, connectivity, opportunities, etc.; and now we are living in a Digital...
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...Q1. What is JYSKE bank’s new positioning or competitive differentiation strategy? Ans1.) JYSKE bank’s new positioning strategy basically has been developed to reconstruct themselves as a customer oriented, customer centric bank. Their new differentiation strategy basically consists of four components. 1. Out of the Box service: They began to think out of the box and this led to them targeting specific segments of customers and thus developing a niche market consisting of what they considered the right set of customers. They assigned a small group of their bankers to every single customer to make sure that every customer received timely, effective service with a combined effort of the bankers. They also went a step further and made sure that all employees had ID Badges with pictures with them smiling and looking friendly. 2. Value Addition: They believed that being nice, making time, and showing customers that they truly care would enable them to add value to the service being provided. Through their out of the box thinking they were able to provide specialty services to their most valuable customers. They also believed that providing adequate training to their employees would help them to make informed decisions and would give them some level of authority. In addition to this they also offered their bankers attractive incentives which would in turn increase employee satisfaction and commitment. 3. Cutting edge: They also explored the IT solutions field and developed...
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...Niche Market Defined According to Phillip Kotler, a niche is a narrowly defined customer group. Niche markets primarily consist of market segments within the larger market place who have similar demographic, psychographic, buying behavior and/or lifestyle characterics. The Fenix Group started with two entrepreneurs, Anthony Keung (Chinese) and Masaaki Ogino (Japanese) who shared the same business philosophy, which is aiming at niche markets, that most times are left untouched or under-served. How did Fenix identify and tap into different niche markets? Knitwear Manufacturing Niche Market The Group first niche was knitwear manufacturing after which they diversified into fashion and general merchandise retailing. Fenix identified every new niche market out of experience and knowledge gained from previous business opportunites. For instance, knowledge gained from working at a yarn manufacturing supplier enabled them them to move from trading imported Japanese yarn to Hong Kong knitted factories to expanding into knitwear manfacturing and setting up their own manufacturing company in Hong Kong. This venture was successful in the Japanese market due to increasing demand for high quality knitwear due to increased labor cost of local production. Fenix opened knitwear factories in South and Central China to minimize cost and improve their competitiveness by concentrating only on high quality knitwear due to increased price competition. This strategic move to China laid...
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...Strategic Analysis and Choice Intake: October 2006 Student ID # 069017970 Master of Business Administration Module 2 Strategic Analysis and Choice Submitted by: Mohammed Hassan Sidahmed Student ID # 069017970 Intake: October 2006 1 Strategic Analysis and Choice Intake: October 2006 Student ID # 069017970 Strategic Analysis and Choice With reference to empirical examples, identify the circumstances in which a company should consider implementing a process of strategic renewal. What business strategies can they adopt in such circumstances and what factors are likely to influence the success of such strategies? 2 Strategic Analysis and Choice Intake: October 2006 Student ID # 069017970 A close look upon circumstances in which a company should consider implementing a process of strategic renewal and how to clearly identify these circumstances , analysts have to explore checklists and frameworks to find information necessary for conducting an internal and External Audit , to assess very clearly the internal and external Environments , so that the Company finds out where it currently stands and in order to take advantage of opportunities and its strong areas and to make plans for threats and weak areas when preparing business strategies. For the assessment External environment, it is best conducted by the PESTLE Analysis the factors are : ( P – Political , E – Economical , S – Social , T – Technological , L - Legal...
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...discretionary spending, holidays have been knocked off their traditional perch at the top, being relegated to number two on the list of must-buys. Top spot in these testing times goes to paying off credits card bills and bank overdrafts. Also, the last decade has seen further adoption of ebusiness platforms. This has made the general holiday market far more competitive over pricing. But it's only a minor setback for Original Travel, a firm that specialises in holidays that offer a little more than simply sun, sand and sangria. The London-based niche tour operator may have seen enquiries drop and may be left looking at how best to deal with customers' shifting spending patterns but co-founder Nick Newbury reckons working a niche is the way to go. "The days when people were happy to go somewhere, slap on the sun cream and not go beyond the hotel swimming pool are gone,'' said the 36-year-old former City money man. Even so, it's still a pretty wide niche ranging from organising adrenaline rushes on the Cresta...
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...1.1 Summary Niche: A gap not yet filled, normally associated with a small market size Franchise: When one business, the franchisor, gives another business, the franchisee, permission to trade using the franchisors name and selling the franchisors goods and services Franchisor: A business that sells a licence giving permission to another business, the franchisee, to trade using its name and goods/services Franchisee: A business that is given permission from another business, the franchisor to trade using its name and goods/services Protecting Ideas: Having accepted the risk associated with pursuing a business idea an entrepreneur doesn’t want someone else to reap the rewards; therefore wants to protect their idea. Copyright: Legally protects the rights of a creator of words, images or music. – Author – artist – composer Patent: grants the holder, an individual or business, the sole right to use a unique feature of a product or process for a given period of time Trademark: protects a defining feature of a business or product. –Logo –strap –line –colour –sound Where do business ideas come from? | Brainstorming | The creative process of writing down as many ideas as you can without dismissing any ideas at this early stage | Business experience | Using specialism or skills to establish an enterprise | Personal experience | Solving a problem or frustration | Import an idea | Bring experiences from abroad to set up a UK enterprise | innovation...
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...Animal agriculture as an industry is much different today than it was 50 years ago, and the relationship between producers and consumer is just as different as the industry itself. Today dramatically less consumers have any background of how the food they are eating is produced. Production specialization and the scale at which operations are profitable, in addition to the increasing vertical integration of the industry has led to fewer people producing a greater amount of our food. The lack of familiarity of some consumers with the animal agriculture industry has created a gap between them and producers. Differing opinions on production agriculture have now filled that space. The three pillars of Public Affairs are deeply interconnected through these issues that have...
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...build something not only for them, but something that the whole world could use and be inspired by. Gap Inc. is definitely a retail business that has a past story that has inspired costumers and anyone wanting to take a step into the world of retail business. Don and Doris Fisher created the Gap in order to cater to their needs, but in the process helped thousands of customers find what they needed when it came to certain merchandise. The year 1969 was a year to remember in the business of retail. Located in San Francisco, California, Donald G. Fisher and wife Doris Fisher opened the very first Gap. Don Fisher initially had no real experience in the business of retail seeing as he made his living from real estate, but when Mr. Fisher could not find the right pair of Levis jeans to fit what he wanted, he decided to take matters into his own hands. He decided to open up his own retail store that would have everything that a customer could dream of having. In order to get his start Mr. Fisher had to identify the type of clothing and the age group that he would appeal to. Considering the time period and his original dilemma with finding the right pair of jeans he found his niche. During this time jeans had become the trend among teens, and even though he wasn’t a part of this generation he felt that he could be more successful in selling to this specific generation. Hence, the name the Gap was given to the retail store that he established. Jeans had become the type of clothing that Don...
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...alcohol may lead to an impact and reduction of premium brand products and affected sales. Strengths (S) | Weaknesses (W) | * Decentralized business model * Diversified operations reduce business risks * Top 14 brands offer leadership positions to Pernod Ricard * Global status – Abslout | * Decline on advertising affecting the driving force of Absolut (Mintel, 2014) * Lack of brand awareness/brand equity (Mintel, 2014) * High debt burden * Lack of interaction with consumers- detached and no interaction (Graham, 2015) | Opportunities (O) | Threats (T) | * Positive outlook for global spirits market * Premium brands promoting neat drinks – combination of mixability (Mintel, 2014) * Unique identity in niche clientele - adjusting to change within the consumer trends through customer relationships (Marketline, 2014) * Digital Transformation – digital creativities and the competences to the main core of the business transformational change to drive results (Marketline, 2014) | * Premium vodka competition e.g. Grey Goose(Mintel, 2014) |...
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...Strengths GAP has their brand name and has built up a loyal clientele since their incorporation in 1969, although A&F have only really developed as a recognised brand since 1997. The company has consistently kept a high-profile in the public eye, due to its advertising, its philanthropy, and its involvement in legal conflicts over branding, clothing style and employment practices. GAP inc. has 6 brands in their product portfolio although A&F only has 4. A&F have more of a niche strategy of their primary brand of Abercrombie & Fitch where they have only opened one as they call it; “Flagship” store per country, and it is usually situated in the capital of that country. On the other hand GAP, have 148 stores in the UK alone showing a strategy of more broadness as they are on most high streets in the UK and are trying to bring the store more locally to their potential customers instead of their potential customers going to the store. Weaknesses A&F has a very negative image from the fact that every person who works in their store is a model, or extremely good-looking. This has created a very negative image perception to the general public because people feel they are potentially not good enough to wear the product. On the other hand GAP, have a negative image from the fact that people in their teenage market deem the brand to not be cool or “Gay and Proud”. This maybe an old playground joke, however, it does have an effect on them when the child...
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...1-21: Evaluate how Foursquare fits Schumpeter’s definition and the five basic ways entrepreneurs find opportunities to create new businesses. Foursquare fits Schumpeter’s definition in the fact Crowley and Selvadurai took their experience and knowledge of the technology field and exploited an invention in producing a new commodity or producing an old one in a new way. In the creation of Foursquare, Crowley and Selvadurai basically followed Schumpeter’s basic ways that entrepreneurs find opportunity to create a new business. They used a new technology to produce a new products such as Dodgeball. They used existing technology to produce a new product. Crowley and Selvadurai used existing technology to produce an old product in a new way. They used a new supply of resources to seek venture capital in multiple offerings. They also developed a new market for an existing product. 1-22: Compare Selvadurais’s seven formulas with the seven rules for building a successful business in this text. In the seven formulas, Selvadurai said that they needed to make a product which was wanted by the consumer. It needed to be something that brings people back repeatedly. The product needed to be built around a main theme which was “check-in” so that they did not stray from their differentiation focus and kept them on track for their core product. Mentors were in the form of Venture Capitalists who supplied the money to get the projects started. Recruiting was important to keep...
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...ABOUT THE GROUP The organization, under the stewardship of Mr. Harshavardhan Neotia has been in charge of point of interest undertakings in and around Kolkata, for example, Udayan, Kolkata's first Condoville made around the Public Private Partnership model, City Center, the shopping center that went ahead to re-compose a few retail controls, Ffort Raichak, Kolkata's first extravagance weekend getaway and the peaceful village by the Ganges, Ganga Kutir amongst numerous others. The Group additionally championed the reason for lady and tyke medicinal services by setting up Bhagiarthi Neotia Woman & Child Care Center in Kolkata. In every one of its anticipates, Ambuja Neotia is profoundly aware of its natural obligation and making spaces that offer a superior and greener life. It is considering this view, that Ambuja Neotia thought of Ecospace, its first business stop in New Town which is a Green Building confirmed by LEED. Its recreation properties like Ffort Raichak and Ganga Kutir are settled in the lap of nature maintaining its each guideline and all their lodging and townships offerings have commended components of nature from the origination to the completing stage. Ambuja Neotia is known not extraordinary accentuation to plan and feel in a manner that their tasks are continuing and engaging and additionally maintainable and suitable for what's to come. In their quest for making enjoyment through spaces, it has additionally cooperated with a bunch of expert draftsmen...
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...spread across five continents. Roca directly employs more than 21, 000 people across the globe. Roca’s presence started to spread over the United Kingdom, Germany, Italy, Russia, Morocco, Argentina, Brazil and China. Roca’s constant technological innovation has just one aim: to give its customers the best possible service. For this reason, its R&D&I departments analyse the needs and tastes of society to adapt the company’s products to new market conditions. This adaptation process is not only carried out on the basis of aesthetic principles and modernity but is also generated with the aim of improving people’s quality of life PRODUCT SPECIFICATIONS: Bathroom collections Khroma Element America Happening Hall Meridian Dama The Gap Dama Retro Debba Nexo Dama Senso Victoria Access Baby Basins & furniture solutions Kalahari Heima Prisma Natura Anima Joli Stratum Amberes Victoria-N Victoria Basic Senso Square 2.0 Senso Square Mini Urban Bol Urbi Diverta Sofia Luna Faucets collections Evol Thesis Loft Elite Loft L90 Singles Lanta Modena Florentina Moai M2 Logica Esmai Atlas Targa Monodin L20 T-1000 T-500 Vectra Victoria Brava M3 Avant Instant Sprint Bath solutions Circular Newcast Athica Waikiki N Georgia Virginia BeCool Faro Bali Vythos Art Plus Swing Ming Sureste N Easy Malibu Genova N Continental Princess Contesa Shower solutions Shower trays Helios Terran Glace In-Floor ...
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