...Discuss the view that monopoly power is the natural result for firms who ‘win the game’ of competition? Monopoly power or market power is the ability for a business to earn high levels of profit by being able to choose their pricing strategies in their market and being able to raise to what they want in the same market and don’t have to worry about to losing costumers if they have true monopoly power then price still shouldn’t effect there demand. Being a monopoly means they are the only supplier in that market. They are able to keep their prices high for a sustainable amount of time. There are only certain companies that are able to higher prices for measurable periods of time these companies have little or no competition in the market so that by increasing the prices wouldn’t mean a loss of costumers and income because there is no competition in there market. It lies at one end of the spectrum of perfect competition it means that there is only one seller in that market that they are able to be the dominant firm and exert a considerable amount of power. (William J. Baumol EconomicsPrinciplesP264-269) There are no preliminary assumptions about the bargaining power of any of the players, and, in particular, no player is assumed a priori to have any price setting power. Provide general core results for monopoly, and their results suggest the following conclusions. First, if the seller has the capacity to supply all of the buyers, the outcome is almost completely...
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...Dec. 21 (Bloomberg) -- Research In Motion Ltd. surged as much as 12.6 percent in German trading after reports said Microsoft Corp. and Nokia Oyj mulled a joint bid, while Amazon.com Inc. considered buying the maker of the BlackBerry smartphone. RIM “turned down takeover overtures” from Amazon because it wanted to fix its shortcomings independently, Reuters reported yesterday. That was followed by a Wall Street Journal article that said Microsoft and Nokia “flirted with the idea of making a joint bid” in recent months. Both cited unidentified people familiar with the matter. Microsoft looked at the option of making a joint bid with Nokia for RIM, according to a person with knowledge of the matter who asked not to be identified because the talks were private. The proposal, which included Nokia taking on RIM's hardware business, was discussed in an informal manner and wasn't taken to the board level, the person said. Before the reports, RIM stock had tumbled to its lowest level in almost eight years. Last week, the company disclosed a delay in a new generation of BlackBerrys designed to fuel a rebound, adding to challenges that include lost market share and a tablet device that bombed with shoppers. The 78 percent plunge in RIM's shares this year before today leaves it vulnerable to an approach from suitors, said Sameet Kanade, an analyst at Northern Securities Inc. Shares Surge “At this valuation, it is a strong acquisition target,” said Kanade, who is based in Toronto...
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...Business communication Memo: Subject: Nokia takeover Date : 23/10/15 Dear board of directors As you have heard that Microsoft are about to take over Nokia. In business this is one of the biggest deals in recent history as you know Nokia doesn’t have grip on the mobile section of business as it used to and I’m writing to you to tell about the finding that I have made. I would like invite you a meeting which I will go in further detail and summarize my findings. Thanks Mukhtar saleh Meeting details and finding that I will be talking about in the meeting Nokia downfall As you know that the biggest of companies the strongest of companies and burn and collapse just to be in another page in history. Well every one Nokia well every one that’s older than 17 knows the power they had in the mobile business What was Nokia downfall? The release of the iPhone in 2007 changed the way the whole world looked at smartphone looking at the popularity of the Nokia compared to the iPhone they just couldn’t keep up and couldn’t break in to the smartphone industry like the way they broke in to the phone industry the popularity of the iPhone and Samsung dented any hope of Nokia surging back now the this new deal with Microsoft this could be a game change and to be honest I don’t think nothing special will happen just by checking...
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...Legal Aspects of BLACKBERRY Takeover by FAIRFAX Legal Aspects of BLACKBERRY Takeover by FAIRFAX by by Anubhav Gaur SMBA12045 Section B Anubhav Gaur SMBA12045 Section B TABLE OF CONTENTS Acknoledgement Summary blackberry ltd. Section 1.1 : History Section 1.2 : Strategic Changes Section 1.3 : Success in Market place Section 1.4 : Changes in Financial Fortunes Section 1.5 : Financial Fortunes FAIRFAX LTD. Section 2.1 : Corporate Governance Section 2.2 : History Section 2.3 : Credit Ratings MERGERS & ACQUISATIONS Section 3.1 : Legal Structures Section 3.2 : Documentation Section 3.3 : Business Valuation TAKEOVERS Section 4.1 : Types Of Takeover Section 4.2 : Financing a Takeover Section 4.3 : Mechanics Section 4.4 : Strategies Section 4.5 : Agency Problems Section 4.6 : Pros & Cons Laws & Codes used during takeover Section 5.1 : City Code on Takeovers & Mergers Section 5.2 : Competetion Law Section 5.3 : Takeover Directives Section 5.4 : Companies ACT 1985 BLACKBERRY TAKEOVER REGULATORY APPROVAL COMPETETION COMMISION FOR TAKE OVER FCPA Section 8.1 : Provision & Scope Section 8.2 : History Section 8.3 : Requirements Section 8.4 : Application UK BRIBERY ACT TAKEOVER MECHANICS OF BLACKBERRY TAKEOVER CONCLUSION BIBLIOGRAPHY & REFERENCES ACKNOLEGDEMENT I take this opportunity to express my profound gratitude and deep regards to my guide Prof. Deepak Dayal for his exemplary guidance,...
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...To what extent is growing through integration with other businesses a good way for a firm to increase its competitiveness? (40 marks) Growing through integration is concerned with mergers and takeovers of two businesses. There are several ways of integrating; Horizontal, which is where the business is in the same industry and or same stage of production, Backward Vertical, which is where it is the same industry towards a supplier, forward vertical, which is where it is the same industry towards the customer and Diversification, which is where the two businesses are totally opposite. Growing through one of the processes of integration can have a massive boost/effect on the competitiveness of a business as firms are able to buy out or merge with other large firms, in either their market place or another, to make one big firms in the market. The main firm will gain a larger percentage of the market at the two original market shares of the business are joint together. An example of this happening is in the mobile phone industry with the merger of Orange and T-mobile. This merger had brought together two of the UK’s biggest mobile phone networks and as a result gained them a combined 30 million customers, which meant they had overtaken O2 as the market leaders with a 37% market share. Furthermore, because of the two networks merging it provided them with a USP as it allowed customers to be able to receive signal of both networks...
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...will include the following: advertising, public relations, digital marketing, sales promotion, direct marketing, event marketing, and outdoor. Also being discussed will be the effect professional selling may have on the offering, an initial budget for our plan, the methods that we use will measure the success of our plan, along with any ethical issues that our plan might have. Marketing Plan It is very vital that not only Apple with the “Beats by Dre” have an excellent marketing plan but for every company that is trying to sell or market a product to do so. The marketing plan is our rally point. The marketing plan allows our employees to have a shelter or something to hide behind. We want no only the big players but also our soldiers to feel assured that the commander in chief knows how to run this operation. In our marketing plan we want our whole team to be engaged and feel overwhelmed while on this thrilling and difficult joint struggle. Our employees are committed to the company because we share with them the vision of the company. Here at Apple we chart our marketing plan for success. For we might not know the outcome of what will happen a year or five years from now but we still thrive for reaching the sky. We rather make a plan than to not plan at all. Our marketing plan can be considered as our step by step guide or instructions for success. This plan is way more important than any vision statement. To put together the best marketing plan we had to evaluate our company...
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...Merger for Synergies with Dell Computers Courtney Ternullo TUI Introduction and Purpose of this Paper Though Dell is one of the largest computer companies in the world, the recent past has been very tough for the company which can be seen in its stagnant revenues, declining margins and subpar performance compared with industry peers such as Apple and HP. There are multiple reasons for this performance such as Dell operating at the standards based commodity end of the business, with limited presence in the margin rich high end products, and it not being able to scale up to the creativity and innovativeness of companies such as Apple which have completely changed the dynamics of the technology industry. In addition to this, competitors like HP and Acer have caught up with the Dell advanced supply chain and with the networked environment, the competitive advantage that Dell had with the direct model has come down. Dell has in the past five years have made multiple smaller acquisitions such as Alienware to boost its capabilities in high margin and high end products, but has not been able to adequately answer the challenges posed by Apple and HP, leading to declining market share. Also, Dell has diversified into consumer electronics and mobile products, but has not been able to capture a strong position there due to intense competitive and more innovative companies. This paper looks at recommending some attractive merger and acquisition option for Dell that would bring in value...
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...Krishna Burberry: Burberry moved manufacturing work overseas to China (offshoring). This involved the closure of their factory in Rhondda, causing 300 jobs to be lost in Rhondda. Consequently staff were crying when given the news and protests were held, causing the reputation and brand image to worsen in the short-term of Burberry as a result of making such an unethical move. This was a large concern as Burberry provided well-paid, quality employment, so the 300 job cuts in Rhondda meant a sad loss to the development of the economic infrastructure of Rhondda. Also in the short-term Burberry had to suffer larger cash outflows due to the redundancy payments. However the lower labour costs in China, although rising, allowed profits to rise. Also Burberry saw a 19% sales revenue rise, due to the rising customer disposable incomes in China, and as a result profits rose. Therefore in the short-term the move to China was not good as it meant large cash outflows due to the redundancy payments, and the job cuts in the UK made Burberry receive an unethical, negative brand image and reputation, reducing sales and profits. Although in the long-term Burberry is likely to benefit from greater sales and so more profits, particularly due to lower labour costs, but this depends on the rate at which labour costs are rising in China relative to that of the UK, and how high the shipping costs are of the goods from China to the UK. Dyson: Dyson's very innovative bladeless fan was the result...
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...NANAK KHALSA COLLEGE OF ARTS, SCIENCE & COMMERCE APPLE INC. APPLE INC. formerly Apple Computer, Inc., is a multinational corporation that creates consumer electronics, computer software, and commercial servers Under the supervision of: Sameer Velankar Index Serial No. Particulars Page No. 1. Introduction 2. History 3 Management Board Steve Jobs 4. Apple Products 5. Apple’s comeback 6. Small Solutions & Alternatives 7. i Products 8. Acquisitions 9. SWOT Analysis 10. SWOT Analysis Conclusion & Recommendation 11. Strategic Management the Steve Jobs Way 12. PORTER’S Five Forces 13. Microsoft, Apple & Google 14. Fundamental Analysis 15. Financial History 16. Graph Analysis 17. Case Study: Apple’s lawsuit on Samsung, what happened? 18. The components of the lawsuit 19. Bibliography Apple Computer, Inc. The idea fell from a tree, literally. Steve Jobs had returned from visiting a commune like place in Oregon located in an apple or hard. Apple co-founder and jobs pals, Steve Wozniak ,picked him up from the airport. On the drive home, Jobs simply said “ I came up with a name for our company- Apple”. Wozniak said they could have tried to come up with more technical sounding names but their vision was to make computers approachable. Apple fits perfectly. INTRODUCTION APPLE INC.. , formerly Apple Computer, Inc., is a multinational corporation that...
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...to Apple Inc. Case Summary: Apple is one of the leading and profitable technology companies in the world. Their products are sold and consumed in over five continents across the globe. Beginning as a computer company in 1976, Apple has transcended into a technology company with a product mix that is dominating many electronic spectrums. Apple has revolutionized the way tech companies market to their consumers. This case study shows how Apple uses advanced innovations that make everyday life simpler for their users. They use price, promotion, and distribution strategies that set a sense of prestige for their products and the people using them. Key Marketing Issues: Pricing – Many electronic customers stray away from consuming Apple products because of the pricing set on the products. They are traditionally priced high compared to competitors. The low-income consumer that does not see the benefit of purchasing the Apple product versus the competitor that also gets the job done will go with the better-priced item. High Innovation Expectations – Apple expectations to create more innovative products on a short schedule is an issue for Apple. Because of their track record and time line that they place on their product releases, they are pressured to make multiple changes to a product within a short period of time. Leadership Public Perception – Leadership has been an issue for Apple since the passing of co-founder Steve Jobs. Any time Tim Cook’s, current Apple CEO...
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...identifiable competitor (Jain & Haley, 2009). They are made up of items that are separate from other products in relation to their price, style, or competition. Founded on April 1, 1967 by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple is one of the best examples of a strategic business unit. They develop and sell various electronic products and software such as the Mac computers, iPod, iPad, iPad Mini, iTunes, iOS software and the iPhone. Apples’ iPad is one of the most competitive strategic business units of all of Apple’s products. Its compact size is convenient yet full of a vast variety of functions that are the comparable to the MacBook Pro laptop. Apple’s products are some of the worlds most recognized technologically advanced and widely used mobile communicating devices on the market today; we will be comparing the iPad to the Mac Book Pro Plus with retina display, the iPad Mini and the iPhone. With its first release of the iPad in the spring of 2010, there have been several changes to the processor and operating system. An iPad performs similar to a computer by allowing users to browse the Internet, play online games, and check email. It also allows users to take pictures, shoot videos, play music, and more. The Apple iPad has a GPS function, built in Wi-Fi, and tons of free apps that can be downloaded at any given time. So far there is not one tablet that can outperform the iPad in regards to the price, features, and design. The newest generations...
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...Jamal Walker Dr. Khan BUAD 327.001 9 October 2013 Case study 2 My first impression of the country rankings of doing is some of the countries I have never heard that were considered the top ten of doing business. Also my first impression is what makes them number I have never heard of the country. So that opened my eyes to some other places that are said to do business in a very efficient way. The unique thing about the countries in the top ten is that they in the top ten in at least three categories including the ease of doing business. The unique part about the countries not ranked in the top ten is there is a good amount of them that are ranked higher in some categories then countries in the top ten. Looking through the methodology it doesn’t really strictly talk about how much business they do. Really doesn’t talk about the size of the project they are working on rather than how long it takes them to do the project. One country could be working on things that are bigger than what the other country is doing but since they finish first they look better. There is nothing that shows how hard it may be in certain places to break barriers to start a business. Those other countries may not have ventured into because they know its tuff to start something. I don’t believe that EDB captures all of the key determinants because they just recently added some new which means that this was not good enough from the beginning. Then they could also be put into different categories by what...
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...The field of Business Ethics relies on a relatively small core of well-known cases of corporate behavior to illustrate the themes of the subject. Near the top of this list of familiar names (e.g., the Ford Pinto, Tylenol, and Bhopal) is Nestle´ S.A., the Swiss food conglomerate. Of all the business histories examined by students of ethics, Nestle´’s saga of controversy is perhaps one of most intriguing. In the late 1960s, Nestle´ was criticized by social activists for its marketing of powdered milk formula for infants in less developed countries. The case became a cause ce´le`bre as Nestle´ became the victim of a well-organized boycott campaign. The conflict has become a popular case study in the business school curriculum because it demonstrates the need that companies have to constantly preserve and enhance their legitimacy in the public eye. The discussion of legitimacy leads quite naturally into a discussion of issue management, and the consequences of mismanaging a public issue (Post 1985 p. 127). Although Nestle´ was the subject of the boycott, the infant formula controversy may have initially been seen more as a dispute over generic bad practices within the infant formula industry rather than as a focused attack on one particular firm, a perspective that Nestle´ itself may have wanted to engineer. The original publication that stimulated the boycott refers to an industry-wide pattern of marketing of infant formula. (Muller 1974) To begin with Nestle´...
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...What Apple Can Teach You About Marketing Apple rocks at marketing—I think that's something fanboys and haters can both agree with. From building an incredible amount of buzz, to driving fans out to buy products, to keeping repeat customers for life, they really have their act together. There are a lot of things small businesses can learn from Apple's success, and most of them easily translate from the corporate world to the small business world. The strategies that set Apple apart from its competitors are strategies that you can learn to use too. If you're lucky, you might just grow a fan club the size of Apple's. Read more to see what Apple can teach you about marketing your business. It’s important to be pretty. In all of Apple’s product lines and marketing materials, you won’t find a single thing that isn’t pretty. From their product design, to their product packaging, to even their television ads—Apple spends a considerable amount of time making their stuff look better than the competition. As a small business owner, you probably should too. There are several opportunities for your small business to have great looking materials. Website design is one place to show off; brochure design is another. Perhaps the most useful would be to create really awesome business cards. Of course, if your company sells products you should probably make them look great too. People like big photos. A quick look at their website, and you’ll see that Apple fully believes in the old adage...
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...uk/finance/newsbysector/retailandconsumer/10658451/Landlords-win-legal-battle-over-Game.html By Graham Ruddick, 24 Feb 2014 7. Story 3 – Greggs shares slide as bakery chain suffers profit hit http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/10662420/Greggs-shares-slide-as-bakery-chain-suffers-profit-hit.html By Graham Ruddick, 26 Feb 2014 9. Conclusion 10. References/Bibliography 11. Appendices Summary The firms that have been chosen for analysis in this report are Facebook, Game, and Greggs. Facebook, an Internet company, has a story (1) which outlines their takeover of the social media instant messaging Whatsapp. Analysis will begin with the implications of this takeover on the Internet and the companies that have a major share and majority control over the Internets marketplace. Along with this I will analyze the pros and cons of this takeover and the impact it will have on Facebook’s success. The story (2) on Game, in the computer games industry, describes legal changes that have recently caused Game, a currently under administration organisation, difficulties and financial ramifications. Here I wish to look at legislation and the insolvency law changes that impact Game, how it will affect them and what they could do to...
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