Analysis Of Michael Porter s Five Forces Analysis

â€Å"40 is the new 20† is no longer a phrase of the past, thanks to the cosmetic surgery industry. Injectables such as Botulinum toxin, (aka Botox), Collagen, and Hyaluronic acid are credited with keeping faces wrinkle-free. More invasive procedures, such as Breast Implantation, nose surgery, and the ever popular tummy-tuck, offer enhancements to those body parts the individual is dis-satisfied with (Grundy, 2006). Because of the seemingly instant gratification, the cosmetic surgery industry has witnessed a drastic increase over the last fifty years. Determining where to open a new practice will require completion of market research and a competitive analysis. Michael Porter’s Five Forces Analysis is a powerful tool for evaluating competition†¦show more content†¦Another cost factor to consider is marketing. Because cosmetic surgery advertising is so controversial, it would prove cost effective to spend more money in an effort to secure a reputable marketing agent (Hennink et al., 2010). Very few providers have access to these funds. Although the costs of entry to start a cosmetic surgery center is high, positive return on investment makes it worth the risk. The bargaining power of suppliers is one of the threats on the industry in which price changes or product quality by suppliers have an impact on profitability (Grundy, 2006). Therefore, it is important for the cosmetic surgery practice to research alternate suppliers. The process to produce Botox, which is one of the minimally invasive cosmetic surgery procedures, is quite extensive. To begin, the laboratory cultivates the Clostridium botulinum bacteria. It is the result of the cultivation and the preservation of Clostridium botulinum that categorizes the quality of the toxin manufactured. That, accompanied with the toxin’s high sensitivity to the laboratory conditions makes the toxin production a very fragile process that limited supplies attempt (Schantz et al., 1992). When thinking in terms of supply and demand, the lack of equal substitutions, along with the high demand for the product, gives the supplier an advantage. The bargaining power of buyers can force the supply companies to lower the prices. In a market in which buyers have the power,Show MoreRelatedAnalysis of Con Edison by Using Michael Porter`S Five Forces Model1154 Words   |  5 PagesUNIVERSITY OF NEW YORK LEHMAN COLLEGE ECONOMIC ANALYSIS FOR MANAGERS ANALYSIS OF CON EDISON BY USING MICHAEL PORTER`S FIVE FORCES MODEL INSTRUCTOR: MINE AYSEN DOYRAN STUDENT: Recep Maz What makes electric utilities (Con Edison) monopolistic and why? 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PEST analysis allows a company to determine if the resources and capabilities used by the company support the company s opportunities, or diminish existing threatsRead MoreMichael Porters Five Forces Of Competition For Starbucks1452 Words   |  6 Page sMichael Porter s Five Forces of Competition for Starbucks This Michael Porter s five force analysis of Starbucks coffee shows the intensity of the five strengths of the firm, and the bases of these powers. Starbucks coffee s prosperity shows its viability in tending to these outside elements in its industrial surroundings. However, this five forces investigation highlights current industry conditions that force present and developing concerns significant to Starbucks Coffee s business. FollowingRead MorePorter s Five Force Analysis1465 Words   |  6 PagesThis Michael Porter s five force analysis of Starbucks coffee shows the intensity of the five strengths of the firm, and the bases of these powers. Starbucks coffee s prosperity shows its viability in tending to these outside elements in its industrial surroundings. However, this five forces investigation highlights current industry conditions that force present and developing concerns significant to Starbucks Coffee s business. Following are the five forces of Michael Porter s model. Th ese fiveRead MorePorters Five Forces1036 Words   |  5 PagesAssignment 1 Describe Porter’s Five–Force model and how it is helpful when developing one’s international strategy. Do you see any limitation to Porter’s modeling techniques? Michael Porter s Five-Force model, as described and illustrated in â€Å"Porter’s Five Forces: A Model for Industry Analysis (Article from QuickMBA.com)†, goes beyond the traditional industry competitive analysis that would just compare Rivals, both current and potential, to include Suppliers and Buyers and also Product or ServiceRead MoreMicro And Macro Environment Of The Company1590 Words   |  7 Pagesdifferent types of analysis a company should look at when considering a new project, the more you look into the business environment for your company the better equipped you will be to bring forward a project that will be successful, in this section we’ll be looking at the micro and macro environment of the company through pestle and porters five forces. Also looking at why robust information and research is important how stakeholder analysis works along with constraints analysis. 1. Micro and macroRead MorePorter Five Forces Model950 Words   |  4 PagesPorter’s Five Forces Model: an overview Porter’s Five Forces Model: an overview Abstract Porter’s Five Forces Model is a structured framework for analyzing commerce and business establishment. It was formed by Michael E. Porter of the Harvard Business School between 1979 and the mid 1980’s. Porter developed the Five Forces model in opposition to the SWOT (strengths, weaknesses, environmental opportunities, threats) analysis that was an industry standard for businesses to determine how theyRead MoreThe Five Forces Essay1312 Words   |  6 PagesThe Five Forces Framework and Competitive Strategy In this framework due to Michael Porter there are two high-level stages in the creation of competitive strategy, each stage corresponding to a high-level determinant of profitability mentioned in the previous section. The first stage is the assessment of the attractiveness of the industry in which a given company is embedded based on a structural analysis of the industry. In this stage, called the five forces framework, five forces that influence

Sir Philip Sidney Free Essays

Sir Philip Sidney: Sonnet XXXI from Astrophel and Stella „With how sad steps, O Moon , thou climb’st the skies! â€Å" With how sad steps, O Moon, thou climb’st the skies! How silently, and with how wan a face! What! may it be that even in heavenly place That busy archer his sharp arrows tries? Sure, if that long-with-love-acquainted eyes Can judge of love, thou feel’st a lover’s case: I read it in thy looks; thy languish’d grace To me, that feel the like, thy state descries.Then, even of fellowship, O Moon, tell me, Is constant love deem’d there but want of wit? Are beauties there as proud as here they be? Do they above love to be loved, and yet Those lovers scorn whom that love doth possess? Do they call ‘virtue’ there—ungratefulness? â€Å"Astrophel and Stella†, work written by Sir Philip Sidney, is consisted of 108 sonnets. The whole work is interweave with Greek and Latin words and sayings. We will write a custom essay sample on Sir Philip Sidney or any similar topic only for you Order Now The title â€Å"Astrophel and Stella† carries its meaning.The name Astrophel is made out of two Greek words, aster, which means star and phel, which means lover. The name Stella, in Latin language, means ‘star’, so therefore we have Astrophel who is a star lover and Stella who is the star who Astrophel loves so much. The sonnet I choose to analyse represents a Shakespearean type of a sonnet, which is composed with the  rhyme  scheme  abab cdcd efef gg. Shakespearean sonnets are almost all built from three four-line  stanzas, which are referred to as  quatrains and a final  pair   composed in  iambic pentameter.On the other hand, we can also say that they are written in a combination of one octet and a sestet. Analysis: â€Å"With how sad steps, O Moon, thou climb’st the skies! † Poets usually described the Moon as the lonely companion and ‘someone’ they would groan to, comparing themselves to the Moon because he walks over the sky alone. The Moon is seen as eternal bachelor. Also I would like to point out that when the Moon is seen in the sky, we can see stars, hundreds and thousands of stars (Stella’s) who constantly remind the narrator of her.Adding the letter ‘O’ in front of the Moon, tells us how he might be depressed, calling ou t ‘O Moon’, as if he is looking for comfort in him. In one point it could also be seen as if the narrator envied the Moon for being surrounded with those stars, Moons Stellas, having them all just for himself and the narrator not being able to have the one star he craves for. Stella! But the question could also be: Why does the narrator choose the Moon to talk to? He could have chosen to talk to trees, or rocks etc.In my opinion, he deliberately choose the Moon, because at night, when all the rush has calmed, we can open our soles to someone who is like third person, someone who is indirect interlocutor, to whom we can open to and who better than the Moon. â€Å"How silently, and with how wan a face! † Although we can refer to the Moon as the face, which watches upon us with his pale look, he cannot tell the narrator what to do, how to win Stella’s love and that could probably be quite irritating because the Moon is the only one left, the only consolation the narrator has. What! may it be that even in heavenly place Tha t busy archer his sharp arrows tries? † Then for a second, he exclaims â€Å"WHAT! † as if something drew his attention. The ‘busy archer who sharpens his arrows tries’ is referred to Cupid (who is the God of love) who shoots ‘love arrows’ at people for whom he wants to fall in love with each other. Perhaps the narrator started realising that even on that heavenly place, there are those who are in love. It seems that he feels as if Cupid is wasting his arrows in a wrong place, for lovers who needn’t been stroke with such an arrow. â€Å"Sure, if that long-with-love-acquainted eyes Can judge of love, thou feel’st a lover’s case:† The ‘long-with-love-acquainted’ is someone who is an experienced lover, and the narrator thinks of himself as one. I notice that he is comparing himself to Cupid, saying that he (the narrator) is, or can be, the ‘judge of love’ (we are introduced to the fact that Cupid is the one who decides on acknowledging love and giving it).In addition, he says that the two of them feel the same and that for both of them are lovers, which, in my opinion could mean Cupid should help him out in some way. â€Å"I read it in thy looks; thy languish’d grace To me, that feel the like, thy state descries. † In this part, he continues addressing the Moon, saying that he can see how crushed he might be as well be cause as he described him in previous stanzas, he was pale and he was climbing the sky slowly, which was the first reason why the narrator is speaking to the Moon.He saw the Moon as the reflection of himself, as a reflection of his inner state. â€Å"Then, even of fellowship, O Moon, tell me, Is constant love deem’d there but want of wit? † He continues asking the Moon for an advice, not just any kind of an advice, but the friendly one, for, as I mentioned earlier, he associates himself with the Moon as being very close and kind of intimate (private) with him. Surely, he is still wondering if that constant love craving is perhaps normal, rational, and even smart. â€Å"Are beauties there as proud as here they be?Do they above love to be loved, and yet† In these lines, the narrator is probably referring to women. Since this sonnet is mostly written as a dialogue between lovers. It feels as if we can find some pieces of conspiracy agains women, acknowledged as beauties, which may have bigger expectations of suitors. Moreover, having asked all of these questions, the narrator is still trying to get some sympathy from the Moon. â€Å"Those lovers scorn whom that love doth possess? Do they call ‘virt ue’ there—ungratefulness? †In the end, the narrator starts questioning himself as well as the Moon. He is now judging his moves. Maybe she despises everything he has done so far. Maybe she found herself offended by all of the actions he took to court her. After all of that thinking he asks himself one question, whether that ungratefulness that those beauties carry within, is rather considered a good quality, because it can send wrong signals. Is she as his beloved so indifferent, because he as her lover is starting to see that act of uncaring really unfair and unworthy. How to cite Sir Philip Sidney, Papers

South African Investment Essay Example For Students

South African Investment Essay A South African Investment American oil companies Texaco and SoCal (Caltex) were refining oil in South Africa. They planned to expand their refining capacity. However there was numerous discrimination issues pertaining to the status and treatment of the black citizens. At the time, the South African government maintained an apartheid system of governing their nation. Caltex was under scrutiny by American political parties and its stockholders for the way African workers were treated. Whites ruled South Africa’s apartheid government, blacks could not vote, and had no political rights. They also had little freedom, were forced to live in segregated areas and were paid a low salary compared to whites. They were not allowed to own their own land or homes. (Velasquez 2006 pg. 59). By Caltex doing business in South Africa, their long-term intent was to eventually change the apartheid government to a more equality based one, such as that of the American government. From a business standpoint, the benefits of Caltex being in South Africa outweighed the issues of violating human rights and moral ethics. Caltex assumed that if they pulled out of South Africa it would be a detriment to the African government and economy. By Caltex doing business there, they offered jobs to the poor and needy, they would also increase the economic and political growth. Even though the African government was harsh and unfair to the black people, Caltex presumed they would influence them in a positive way. If Caltex were to pull out of South Africa the effects would be more detrimental to the government and people. The poor and middle-class would no longer have jobs and the blacks would be forced to live on the streets rather than the segregated communities they currently lived in. Caltex claimed they complied with the Code of Conduct established by Reverend Dr. Leon Sullivan. The code incorporated six principles that corporations were to abide by. The principles were based on equality and fairness for all workers, non-segregation for all races and equal pay for equal work. The principles also included training and education that would provide promotions of blacks and non-whites into supervisory and secretarial positions. By improving and educating the people, the improvement of their lives would be exponentially greater. (Smith 1977 pg. 59-60) Caltex’s decision to stay in South Africa was fueled by its desire to influence and ultimately change the racist government. They lead by example by applying the six principles to their own corporation. Caltex hired black workers and valued the relationships they had established with them. (Velasquez 2006 pg. 58). They also emphasized the care of all races. This act is known as â€Å"ethics of care† and being concerned for the well being of others. (Velasquez 2006 pg. 60). If Caltex were to pull their business out of South Africa the blacks would be the affected the most. Therefore Caltex strived to convince the South African government and stockholders of the benefits of doing business there. As a stockholder an individual could assume that (1) Caltex should in fact leave South Africa due to the injustices and inequality of the citizens. Caltex treated their workers fairly, however they had no control over the way the government treated the blacks when they were not working. Oftentimes they were imprisoned and killed for a variety of reasons. (2) Although Caltex played a role in liberating the citizens of South Africa, they also played a monetary role in supporting the government by selling oil to the African government and military. This in turn supported the utilitarian apartheid system of governing the citizens. (3) Asking Caltex to support the Tutu rules does not resolve the issue of the government. Caltex provided jobs and equal pay however after hours the police and government subjected the blacks to abuse. According to Tutu’s beliefs the racist regime of the South African Government needed to be eradicated other wise companies are just â€Å"Attempting to polish my chains and make them more comfortable. † (Velasquez 2006 pg. 59). .u2253cdfbe6c46e3869969d6e5d1ff859 , .u2253cdfbe6c46e3869969d6e5d1ff859 .postImageUrl , .u2253cdfbe6c46e3869969d6e5d1ff859 .centered-text-area { min-height: 80px; position: relative; } .u2253cdfbe6c46e3869969d6e5d1ff859 , .u2253cdfbe6c46e3869969d6e5d1ff859:hover , .u2253cdfbe6c46e3869969d6e5d1ff859:visited , .u2253cdfbe6c46e3869969d6e5d1ff859:active { border:0!important; } .u2253cdfbe6c46e3869969d6e5d1ff859 .clearfix:after { content: ""; display: table; clear: both; } .u2253cdfbe6c46e3869969d6e5d1ff859 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u2253cdfbe6c46e3869969d6e5d1ff859:active , .u2253cdfbe6c46e3869969d6e5d1ff859:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u2253cdfbe6c46e3869969d6e5d1ff859 .centered-text-area { width: 100%; position: relative ; } .u2253cdfbe6c46e3869969d6e5d1ff859 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u2253cdfbe6c46e3869969d6e5d1ff859 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u2253cdfbe6c46e3869969d6e5d1ff859 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u2253cdfbe6c46e3869969d6e5d1ff859:hover .ctaButton { background-color: #34495E!important; } .u2253cdfbe6c46e3869969d6e5d1ff859 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u2253cdfbe6c46e3869969d6e5d1ff859 .u2253cdfbe6c46e3869969d6e5d1ff859-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u2253cdfbe6c46e3869969d6e5d1ff859:after { content: ""; display: block; clear: both; } READ: The Man Who Liked Slow Tomatoe EssayCaltex helped the blacks to have better working conditions, pay and housing. However the apartheid government had the ultimate control. The importance of American companies doing business in South Africa grew. Attempts at resolving issues between citizens, government, companies and shareholders grew. Several resolutions were proposed however some were defeated. Stockholders of Caltex defended the principal of equal liberty â€Å"The claim that each citizen’s liberties must be protected from invasion by others and must be equal to those of others. † (Velasquez 2006 pg. 96). Caltex provided wealth to South Africa and its citizens however when the situation turned for the worse they should have withdrew their business. They helped the country and the government in a monetary way, which in turn helped and also hindered its citizens. Caltex used the difference principal in the claim that a productive society will incorporate inequalities, by improving the most needy members of society, which were the blacks. (Velasquez 2006 pg. 97). The resolution indicated that the South African government was to take action of dismantling the apartheid and the influx of control laws. When this did not take place, the American companies were to start the process of withdrawing their business from South Africa. Several attempts to rectify the issues went unresolved. Even though there was a high vote from shareholders the problems worsened. Companies are not solely responsible for a high return on investors’ money. Although they want the best for their clients they do not control nor time the markets. Managers constantly have to make choices between comparative alternatives and the governing of state and federal laws. Their purpose is to make money for their clients and for the business. Often times they have to choose the best rate of return for the stockholder. The rate of return is the ratio of money gained or lost on an investment. This determines how well a stock is doing and if shareholders want to either buy more stock or sell. Managers are required by law to document and monitor their investment process. All mangers must comply with SEC regulations, investment policies and guidelines. They are also obligated to comply with bank policies and private companies.