Analyse the case study with reference to Michael Porter’s Theory
of Competitive Advantage and answer the following question: Does
America have competitive advantage in the textile and garment industry?
Analyse the case study with reference to Michael Porter’s Theory of
Competitive Advantage and answer the following question:
Does America have competitive advantage in the textile and garment
industry?
You answer must include the following elements:
1. A clear outline of Porter’s theory with supporting references.
20%
2. An analysis of the case study with reference to the 4 main
elements of Porter’s Diamond. (N.B. You will not be able to
comment on company structure, as the case study does not include
information on this. You should, however, refer to factor
conditions, demand conditions, firm rivalry and related and
supporting industries.) 40%
3. An analysis of the case study with reference to Porter’s
secondary points of chance and government actions.
20%
4. Your conclusion.
10 %
The remaining 10 % will be for grammar, style, clarity, using the
correct system of referencing (the Harvard System) etc.
Literature:
Michael E. Porter. The Competitive Advantage of Nations.
Does America have competitive advantage in the textile and garment
industry?
For a country to have a competitive advantage, it is necessary to
understand Michael Porter’s Theory of National Competitive Advantage.
Michael Porter introduced a model that allows analysing why some
nations are more competitive than others are, and why some industries
within nations are more competitive than others are, in his book The
Competitive Advantage of Nations. This model of determining factors of
national advantage has become known as Porters Diamond. It suggests
that the national home base of an organization plays an important role
in shaping the extent to which it is likely to achieve advantage on a
global scale. This home base provides basic factors, which support or
hinder organizations from building advantages in global competition.
Porter distinguishes four determinants:
Factor Conditions
The situation in a country regarding production factors, like
skilled labour, infrastructure, etc., which are relevant for
competition in particular industries.
These factors can be grouped into human resources (qualification
level, cost of labour, commitment etc.), material resources (natural
resources, vegetation, space etc.), knowledge resources, capital
resources, and infrastructure. They also include factors like quality
of research on universities, deregulation of labor markets, or
liquidity of national stock markets.
These national factors often provide initial advantages, which are
subsequently built upon. Each country has its own particular set of
factor conditions; hence, in each country will develop those
industries for which the particular set of factor conditions is
Compassionate, dramatic, and deeply moving, Harper Lee's, To Kill a Mockingbird takes readers to the roots of human behavior, to innocence and experience, kindness and cruelty, love and hatred, and the struggle between blacks and whites. Atticus Finch, a lawyer and single parent in a small southern town in the 1930's, is appointed by the local judge to defend Tom Robinson, a black man, who is accused of raping a white woman. Friends and neighbors object when Atticus puts up a strong and spirited defense on behalf of the accused black man. Atticus renounces violence but stands up for what he believes in. He decides to defend Tom Robinson because if he did not, he would not only lose the respect of his children and the townspeople, but himself as well.
Evolving since the 1980’s, case management, an essential part of quality assurance programs, promotes excellence and efficiency in consumer health care, while conserving costs for health care organizations. Effective case managers answer the demands of changing health in promoting and facilitating a patient’s progression of care (Scott 2014).
Richardson, J. ( 2011). Are All Farm Subsidies Giveaways to Corporate Farmers? Nope, Here's a
Philpott, Tom. “How Farm Policy Affects Us All.” Mother Earth News. 01 Jun 2007. 80. 21 Feb 2008.
As To Kill a Mockingbird indicated, the legal system in courtrooms was affected by the pervasive racial injustice and stereotyping of the premodern era. Despitethis overwhelming evidence that had unarguably proved their innocence Tom Robinson, who had been of raping a white woman, was “a dead man the minute Mayella Ewell opened her mouth and screamed” And even Atticus Finch’s final plea that “In the name of God, do your duty,” the failure of the jurors from completing this moral obligation and achieving an impartial verdict was because the jury was not a full representation of Maycomb. Although the novel establishes that the town of Maycomb had women and minorities, the jury itself was monochromatic and only consisted of twelve white men. It was due to this absence of diversity that inhibited the Maycomb jurors from granting Tom Robinson with his right to a
According to the Case Management Society of America, case management is "a collaborative process of assessment, planning, facilitation, care coordination, evaluation, and advocacy for options and services to meet an individual's and family's comprehensive health needs through communication and available resources to promote quality, cost effective outcomes" (Case Management Society of America [CMSA], 2010). As a method, case management has moved to the forefront of social work practice. The social work profession, along with other fields of study, recognizes the difficulty of locating and accessing comprehensive services to meet needs. Therefore, case managers work with these
Case management refers to when a person or people in need require an environmental intervention. The Conrad Hilton Association defines case management as “one of the primary services offered to individuals and families who face multiple challenges, including severe mental illness, addiction, and homelessness.” Case management often helps those who are struggling or who are in need, however, the term tends to be used very loosely within organizations.
Agricultural subsidies is a very complex and controversial economic topic today. It will continue to be a hot topic as government continues it. It is largely debated in the United States as well as in other countries. The reason it is so largely debated is because it literally have an effect on the entire world market. Not to mention that the farm has been booming the last 5 to 10 years. This topic also tends to draw strong opinions in our area in particular due to the large agricultural community in our region. However, even within different states there are many supporters as well as opponents to these government subsidies.
...struggling to earn any income at all and sometimes do not even get the opportunity to eat. Another issue that Raj Patel did not touch on is the lack of care consumers have for the farmers. It seems that consumers care about farmers about as much as the corporations do, which, in my opinion, is not a lot. When consumers only care about low prices and large corporations only care about making a profit, the farmers are left out to dry. Many consumers believe “food should be available at a bargain price, a belief that relies on labor exploitation and environmental exhaustion at multiple points along the commodity chain.” (Wright, 95) Corporations as well as consumers generally tend to be selfish and I think Raj Patel is afraid to mention this. If only these people cared a little bit more about each other I believe the hourglass of the food system will begin to even out.
In a world of free trade, growing competition and accessibility to foreign markets, the need for methodical market analysis and assumptions is steadily rising in today’s business environment. It is just a normal way of thinking to primarily intent to eliminate the financial before entering a new and foreign market. This suggests that enterprises have to develop an overall strategy for their business in order to gain competitive advantage and consequently market share. With the words of Michael E. Porter, professor at Harvard University and leading authority on competitive strategy, this desirable market success is indirectly linked to the individual structure of a market. The unique structure of a single market influences the strategic behaviour and the development of a competitive strategy within a firm. The competitive strategy finally decides whether a company performs successfully on the market or not. Referring to this interpretation of business success, M. E. Porter established his five forces framework that enables directives to gather useful information about the business environment and the competitive forces in industries.
Farmers are essentially the back-bone of the entire food system. Large-scale family farms account for 10% of all farms, but 75% of overall food production, (CSS statistics). Without farmers, there would be no food for us to consume. Big business picked up on this right away and began to control the farmers profits and products. When farmers buy their land, they take out a loan in order to pay for their land and farm house and for the livestock, crops, and machinery that are involved in the farming process. Today, the loans are paid off through contracts with big business corporations. Since big business has such a hold over the farmers, they take advantage of this and capitalize on their crops, commodities, and profits. Farmers are life-long slaves to these b...
Being a leader means you guide others to achieve a goal and complete tasks. A leader will use communication strategies to convey what is expected from employees such as priorities or timelines. The communication strategies that will be discussed are motivation of employees, listening, showing confidence and having work knowledge. I will focus on a virtual office setting since I work remotely. Also a case study analysis will discuss what one leader can do differently to effectively lead his staff.
Hendersern and Stern 2000, ‘Untangling the origins of competitive advantage’,Strategic Management Journal, Vol. 21, pp. 1123-1145.
...M. E. (2008). Competitive advantage: Creating and sustaining superior performance. New York: Simon and Schuster.