...[pic] Porter’s Diamond Analysis of Spain (Topic 8) Manuel Gall 6 Elboden Street 7004 South Hobart mrgatt@postoffice.utas.edu.au Strategic Management University of Tasmania Dr. Dallas Hanson Submitted on October 23, 2012 Introduction: Porter (1990) raised the question: “Why does a nation become home base for successful international competitors in an industry?” According to porter’s diamond, the answer lies in four elements, namely the factor conditions, the demand conditions, the related & supporting industries and in the context for firm strategy and rivalry (Fisher, Hughes, Griffin & Pustay 2009). These four factors interact in a self-reinforcing system that essentially determine a nation’s international competitiveness. This theory can be classified as a hybrid between the classical country-based trade theories[1] that emphasise the country’s factor endowments and the more modern firm-based theories[2] that focus on the action of individual companies (Fisher et al 2006). Spain is ranked as 36th out of 144 countries in the actual WEF[3] Global Competitive Report (2012). Thus, it is classified as innovation-driven economy that has reached highest development stage. However, the recent financial crisis has hit Spain, that suffers since years under a structural deficit, on the wrong foot (OECD[4], 2010). As a consequence, Spain recently has had trouble to finance its debt over private capital markets and is dependent...
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...Walter Taylor AR115 In 1937, Pablo Picasso created a painting called the “Guernica”, oil on canvas. It was commissioned at the 1937 World Fair by the Republican Spanish government. Pablo Picasso’s paintings all tell a story, or reflect a personal meaning to Picasso. "My whole life as an artist has been nothing more than a continuous struggle against reaction and the death of art. In the picture I am painting — which I shall call Guernica — I am expressing my horror of the military caste which is now plundering Spain into an ocean of misery and death." Pablo Picasso When looking at the painting Guernica, I initially focused on the center of the mural. Many of the lines cross or meet near the middle of the work, most of which are diagonal. They start at the two bottom corners and meet toward the middle-top where the vertex is an oil lamp. The diagonals are not defined, but are created with overlapping, with dark and lightness. I noticed a woman on the bottom right she is picking herself up whose head, neck, and arm are along a diagonal. The lines tell a story and the painting is filled with sharp and jagged shapes that are used in positive and negative space. The faces are defined with light and stand out. The painting is done in black and white, there are mid-grays but I would have to say that the main focus is the contrast of the black and white. The painting gives us spatial depth. The overlapping of heads and arms and shapes are interpreted farther away, while others...
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...For my document analysis I have chosen a personal letter called the Wickedness of Government in New Mexico by Fran Carlos Jose Delgado. This personal letter was created on March 27, 1750. The letter was written in a hospice of Santa Barbara of the pueblo of Tlatelolco. Fray Carlos Jose Delgado is a “preacher general, commissary, notary, and censor of the conversion of San Pablo of this province of El Santo Evangelio in the kingdom of New Mexico”.The purpose of this letter is to inform the people and the Crown of Spain that in New Mexico, the eleven governors and many alcaldes mayores are abusing, mistreating and are being unjustified with the native people who have just been received and converted into their religion by the Church. This is causing them to turn...
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...Balance Sheet for Beximco Pharmaceuticals Ltd GDR (BXP) from Morn... http://financials.morningstar.com/balance-sheet/bs.html?t=BXP®ion=gbr 1 of 3 Log In Premium Company Site Company News Welcome! Membership Home Portfolio Nasdaq 4756.22 27.55(0.58%) Stocks Bonds S&P 500 2031.54 15.61(0.77%) Funds ETFs DJIA 17396.37 144.84(0.84%) CEF Markets Gold 1266.10 36.80(2.99%) Tools Real Life Finance Discuss Light Crude 39.77 1.31(3.41%) Advertisement Beximco Pharmaceuticals Ltd GDR BXP Add to Portfolio Quote Chart Income Statement Statement Type Annual Get E-mail Alerts Stock Analysis Print This Page Performance Balance Sheet Data Type As of Reported PDF Report Key Ratios 10 Things to Start Doing Data Question Financials Valuation Insiders Ownership Filings Bonds Cash Flow Period 5 Years Show Report Dates Data Scroll View Rounding Export Ascending 3/17/2016 9:24 PM Balance Sheet for Beximco Pharmaceuticals Ltd GDR (BXP) from Morn... http://financials.morningstar.com/balance-sheet/bs.html?t=BXP®ion=gbr 2 of 3 Fiscal year ends in December 2010-12 2011-12 2012-12 2013-12 2014-12 21,372 23,033 24,590 27,471 29,001 6,192 7,149 8,197 8,903 8,366 Cash 2,331 2,712 3,240 3,622 2,697 Cash and cash equivale... 1,471 519 553 596 222 859 2,193 2,687 3,026 2,475 BDT in Million except per share data Assets Current assets Short-term investments 2,331 2,712 3,240 3,622 2,697 Receivables Total cash...
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...Land Without Bread by Luis Bunuel There are numerous ethnographic surrealist films that have an intriguing relationship to aesthetics and politics. A film that exemplifies this relationship is “Las Hurdes: Tierra Sin Pan” (Land Without Bread). This film is only 27-minutes and is directed by the infamous Luis Bunuel in 1933. Bunuel was a Spanish filmmaker of the 1920’s to the 1970’s. He is often attributed to being one of the major contributors to the surrealist movement of the 1920’s. “Ethnographic surrealism is a utopian construct, a statement at once about past and future possibilities for cultural analysis.”(Clifford, 119) ‘Land Without Bread’ has a clear connection between politics and aesthetics. It uses many techniques, specifically the narrator and soundtrack, in order to enhance the ostensible political meaning of the film as well as link it to the ethnographic surrealist movement. Many ethnographic surrealist artists turned their attention to the problem of representing otherness. “Bunuel identified what he saw as a Surrealist tendency to “use” bourgeois society’s ‘other’s’ to negate the cultural status quo while never giving these others their due”(Lastra, 55). Land Without Bread is considered one of the earliest forms of ethnographic surrealism. Fatimah Rony describes Ethnographic cinema as “above all a cinema of the body: the focus is on the anatomy and gestures of the indigenous person, and on the body of the land they inhabit”(Rony, 111). While many film scholars...
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...notion of fear and ignorance about other people has been the most predominant issue of the modern society. In my opinion the combination of these two issues (fear and ignorance) has created what is a scourge called racism. James Baldwin was a wise and prominent writer who fought against these issues through communication by either writing books or speaking at memorable events. Born in 1924 in New York and died in France in 1987, James Baldwin occupies a unique place in American letters. He is the epitome of the writer that links art to commitment, and can be found alongside Martin Luther King, Marlon Brando, Harry Belafonte and Charlton Heston at the civil rights march in 1963 at Washington. The analysis of James Baldwin was somewhat aporetic, because on one hand we could quote him saying “Every white person in this country-and I do not care what he or she says-knows one thing. They may not know, as they put, "what I want”, but they know they would not like to be black here. If they know that, then they know everything they need to know, and whatever else they say is a lie.” , which is categorical and brutal in tone. Yet on the other hand, Baldwin always tried to put himself in the place of others by attempting to understand their behavior and their motivation. In the end, we can say that he has virtually written more about the moods of whites than those of blacks. This is obviously the faith that animates Baldwin. First of all, he has faith in America, because according...
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...Guernica does not Affect Picasso, Picasso Effects Guernica Guernica (1937) by artist Pablo Picasso is one of the most powerful and disturbing anti-war paintings ever produced. Like so many famous works of art, the meaning of Picasso's Guernica is not immediately clear and left wide open to analysis and interpretation. What is the meaning of Guernica, the mural by Pablo Picasso? Guernica is unique and unlike any other photograph or painting of a historical war scene. According to Herschel B. Chipp, historical photographs show scenes and capture moments in time, but when viewing them an intangible “wall” exists between the viewer and the photograph. The difference between photographs and original paintings is that the painting allows the viewer to break through the “wall” and actually experience the feelings and emotions expressed in the painting.[1] Guernica was a unique painting for Picasso to create because he never wanted to be influenced by the outside world. Historians argue that Guernica is the exception and Picasso allowed him-self to be influenced and expressed his views. However, after deeply known about Guernica and Picasso, you may think that Guernica does not affect Picasso, instead, Picasso effects Guernica. Guernica is a town in the province of Biscay in Basque Country. During the Spanish Civil War, it was regarded as the northern bastion of the Republican resistance movement and the epicenter of Basque culture, adding to its significance...
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...Marieshka Barton Wines of Spain Prof. Newton June 15, 2015 Spanish Wine Marketing and Sales Sonoma State University’s Wines of Spain 2015 summer class introduced students to Northern Spain’s prestigious Penedès, Priorat, and Rioja wine regions. Production and marketing professionals from eight wineries hosted our student group and provided facility tours and insights on production, marketing, and exporting. This paper focuses on Northern Spain’s wine industry’s legal regulations, tourism, stewardship, communications, and exports through the lens of wine business marketing. The paper concludes with marketing recommendations relevant to new world (USA, Canada, and Australia) markets. History First, a brief introduction to Spain’s wine history is provided to differentiate Spain from its global competitors and set the context for further analysis. As an “old world” wine culture, Spain has a rich wine history beginning with Phoenician tribes and industrious Romans. Unfortunately, Spain’s nascent wine industry was disrupted due to Islamic rule followed by civil and global wars. In the late 1800’s, French winemakers revolutionized Spain’s weak wine industry. France’s Phylloxera tragedy brought an exodus of French winemakers over the Pyrenees seeking work. By the time Phylloxera reached Spain, viticulturists where already grafting native vines onto American...
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... RESEARCH BRIEFING The Fashion Industry in Galicia: Understanding the ‘Zara’ Phenomenon ARTURO REVILLA BONNIN ABSTRACT Galicia is traditionally one of the weaker regional economies in Spain. However it is home to one of the most successful global marketing phenomena of the age. Zara, the mid-market fashion arm of the Galician INDITEX Group, is amongst the ‘culprits’ that have been blamed for the demise from high street hegemony of such European retail notables as C&A, Littlewoods and Marks & Spencer. In this paper an analysis is provided of the mechanisms by which this peripheral region has succeeded in producing, from virtually nothing, a globally outstanding retail fashion industry in one of the world’s most cutthroat competitive industries. It is shown that regional, national and supra-national factors have had important parts to play, but that the Galician approach is nevertheless unique, compared to that of other fashion clothing regions. Among the special features at play are high levels of tacit and codi ed knowledge exploitation, integrated design, production and retailing and advanced retail feedback technology that enables anticipation of customer preference. 1. Introduction The fashion industry in Galicia presents different characteristics from that in the rest of Spain. Until the end of the 1970s, the Spanish textile industry was highly protected, oriented mainly towards domestic markets and with a very restricted exporting capacity, in spite of State aids and...
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...The explanation of differences in regards to the Christian background of both societies is convincing. From the perspective of morals, which are shown by the Christian heritage are more than evident according to the author’s opinion. The author quotes: “In the center of the Anglo-American Puritan and neo-Hedonistic, preclusion and lenient morals, there is an individual while in Hispanic ethics the real saint is the gang. The strength of the family does not just have magnanimous impact: the family is on a basic level unfriendly to normal welfare and general diversions. The foundation of our unresponsiveness and resignation in political matters and in addition the inherited nepotism of our rulers- with they’re deeply rooted favoritism and corruption” (Elena,...
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...Communication Analysis Cultural Barriers in the Workplace “The success of communication is measured not by how well the communicator speaks or writes but how well the listener has heard” (Lapin, 2004) Part I. Background information A modern organization is a melting pot of different nationalities, cultures and customs. Communication inside this organization is rather challenging due to various culture barriers, which naturally arise between people. Being aware of these barriers is the first step toward efficient communications inside organization. As we know effective communication in organization can improve employee performance, productivity, and business profits. I work for ceramic titles store in my city; my goal is to improve international communication with Poland, Spain and Swede. I write business letters make arrangements and compose orders for ceramic titles. It is important to do my best to the place I am working for. If the letter were written wrong, no one will answer on it. The purpose of this report is to show the possible barriers in a workplace, analyze them and to suggest the ways to overcome these barriers. Part II. Cultural barriers - occur when the communication can be break down between the cultures, subcultures, religion and etc. The cultural barrier can occur between the dominant culture and other cultures, which...
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... 1. Executive Summary 4 1.1 Mission & Vision Statement 4 1.2 Company Summary 4 1.3 Management Team South East Auto 5 1.4 Success Stories 5 1.5 My Journey in the Motor Industry 6 1.6 Aftersales at South East Auto 7 1.7 Objective of the Assignment to Improve Parts & Service Profitability 7 1.9 Parts SWOT Analysis 9 2 Parts Department Balance Score Card July 2015 10 3 Sourcing business-to-business Prospects 11 3.1 Telephonic contact 11 3.2 Personal visits 11 3.3 Internet Leads and join automotive groups 11 3.4 Brochures/Flyers 11 3.5 Word of mouth referral’s 11 4 Customer Record Cards 12 5 Business Proposals and Referral Strategy 17 6 Conclusion 18 7 Appendix A Business-to-Business 19 8 Appendix B Request for a Quotation, Formal Quote and Covering letter 19 9 Appendix C Business Proposals 19 10 Appendix D Customer Trade visit Log Book 19 11 References: 19 1. Executive Summary...
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...Business Perspective Assignment | | | Vibhor GargPGDM- Marketing CommunicationRoll No.: 56 | LIST OF CONTENTS | Topics | Page No | 1. | Why Zara? | 2 | 2.2.12.22.32.4 | OverviewBackgroundBeginningGlobal ExpansionsFinancials | 22222 | 3. | Brand Positioning | 3 | 4.4.14.24.34.4 | PEST AnalysisPoliticalEconomicSocio-CulturalTechnological | 33344 | 5.5.15.25.35.4 | SWOT AnalysisStrengthsWeaknessOpportunitiesThreats | 44556 | 6.6.16.26.3 | Business Strategies5 P’s of MarketingPorter Five Force analysisMaslow’s Hierarchy | 77810 | 7. | Recommendations | 11 | 1. WHY ZARA? “People will stare, make it worthwhile”. According to me this is the most apt quote for fashion, clothing. Designer clothes are meant for this sole purpose only and yes, the feel good factor follows. I had dreamt of becoming a fashioner designer during my school days. But due to social stigma I ended up being an engineer and now an mba aspirant. So now instead of designing clothes, I’m studying what makes clothing brand a successful brand. From childhood, I have been a brand hungry person and this has developed a curiosity in me as to how and what makes me want these brands. There are many clothing brands which I have been loyal to but for my individual assignment I have chosen Zara, as it is the new sensation in the market. Being a shopaholic my self I love the brand as they really have a great collection. 2. OVERVIEW 2.1 Background Zara is a flagship brand of...
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...Contents Introduction 3 PEST Analysis 4 References 8 Picture references 9 APENDIX A 10 APENDIX B 11 Introduction The coffee industry is a multi-billion dollar industry which is getting bigger and bigger each year. Coffee is a huge industry and is the second most traded product in the world after oil. Even though there is an economic crisis going on in many countries, there strong demand for coffee keeps rising. All the major companies including Starbucks are repeatedly raising prices and consumers are spending as normal. Starbucks is an international coffee chain and is the largest such company in the world. The industry that Starbucks can be placed in is within the speciality coffee industry. Starbucks total net revenues went up to $3.032 billion, up 15% on last year. As of January 2nd 2011, they have 17,009 stores worldwide operating in more than 50 different countries. Their products include coffee, hand crafted beverages, merchandise and fresh food. Within the speciality coffee industry there are many companies. Some of Starbucks competitors include 7-Eleven, Dunkin Donuts, Caribou Coffee and McDonalds which are all USA based. In the UK Starbucks main competitors would be Costa Coffee, Café Nero and McDonalds. On top of these big competitors there are countless small independently owned coffee shops. Competitors like 7-Eleven, Dunkin Donuts and McDonalds offer coffee at relatively low prices. These chains simply just sell coffee to customers who want it...
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...Your Final Exam is scheduled for next Wednesday. You can take the exam beginning Wednesday Feb 8, 2012 at 12.00 Noon. The Exam window will close on Friday Feb 10, 2012 at 12.00 Noon. You will have two hours, at one sitting, to finish the exam. The current technology does not enable us to monitor the exam, so I will make it "open book". While you have three days to take the exam, I strongly recommend that you take it early on Wednesday or Thursday. In the past, students have encoutered numerous problems if they wait till the last minute such as technology failure, personal or family problems. You will answer a total of 5 questions (2 Problems and 3 short essay Questions). The problems will be focussing on Triangular Arbitrage, and Derivatives. The essay questions will be identical to the ones in the review sheet. More on this in the Adobe session scheduled for Thursday Feb 2, 2012. FINANCE 6644: Global Financial Strategy Krishnan Dandapani January 2012 Final Exam Review Questions Instructions A. Please be concise and precise in your answers. B. Practice answers for closed book, class room setting. C. Suggested length: minimum one page; maximum two pages per question. D. You would answer 5 questions or Problems in two hours in final exam. Questions 1. Ethical Standards a. Can a multinational firm adopt varying ethical standards [such as with regard to product safety...
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