Strategy Tripod Assignment Example | Topics and Well Written Essays - 1750 words

Strategy Tripod - Assignment Example 72). When it comes to global business, strategy is perceived in two dynamics, 1- strategy as action, and 2) strategy tripod. The ‘strategy as action’ perspective suggests that the essence of strategy is interaction because actions and reactions such as ‘competing aggressively’, ‘price war’, ‘attack’, ‘counterattacks’ etc lead to competitive advantage (Peng and Gokalp, 2011, p. 250). The ‘strategy tripod’ model sheds light on global competitive dynamic based on the major three perspectives, namely industry-based, resource-based and institution-based views. The Strategy Tripod The fundamental objective of the competitive strategy of a company is to gain sustainable competitive advantage in the industry. There has been a great amount of academic debates during recent years concerning competitive strategies to explain ‘why do firms succeed and often fail’. There are different approaches concerning competitive strategy such as SWOT, Porter’s five force etc. The strategy tripod is another approach to explain competitive strategy that states that a company’s competitive strategy derives from three main sources: the pressure of the industry the company operates in, the impact of the institutions that a company is surrounded by and the resources that a company possesses (Wallner, 2012, p. 12- 13). Peng (2008, p.14) identified the very fundamental four questions in strategy. They are: 1) ‘why do firms differ’? 2) ‘How do firms behave’? 3) ‘What are the main determinants of the scope of a firms’? 4) What are the main determinants of a firm’s success or failure? He elucidated the concept of ‘strategy tripod’ to answer ‘how do firms behave’. According to him, strategy tripod is a framework that states that a competitive strategy as a discipline has three ‘legs’, that are the basic three perspectives; industry-based, resource-based and institution-based views of a firm. Three leading strategy perspectives, namely industry-based view, institution-based view and resource-based view of the firm collectively lead to a strategy tripod. The industry-based view highlights the five-forces affecting an industry and explains that the strategic effort is meant to examine the five competitive forces namely competitive rivalry, threat of entry, threat of substitutes, bargaining power of suppliers and bargaining power of customers. The resource-based view concentrates on strengths and weaknesses internal to a firm, whereas the industry-based view focuses on the opportunities and threats that are external to a firm. Industry-based view thus concentrates on the O and T whereas the resource-based view concentrates on the S and W in the SWOT (Peng, 2008, p. 14). The institution-based view suggests that a firm and its competitive strategy conditions are influenced by the institutions that the firm is surrounded by. The three ‘legs’ of strategy tripod are explained in detail below: Industry-based view The industry-based view, which is pioneered by Michel Porter in early years of 1980s, emphasized that the primary principle of competitive strategy formulation is the relationship that a firm builds with its environment. External factors are the major determinants of a firm’s competitive strategy because these factors not only affect firm’s performance but also its way to achieving competitive advantage (Gao, Murray and Kotabe, 2010). Firms are largely depending on various external industry forces such as threats of substitutes and new entrants, bargaining power of buyers and suppliers and competition rivalry among the major counterparts.

The History and Journey of the Navajo Indian Tribe Essay

The History and Journey of the Navajo Indian Tribe - Essay Example There is an overwhelming source of works written, researched, viewed by people from all walks of life on the Navajo Indian Tribe. The enormity of information and data would already reveal the abundance of valuable wealth this tribe have shared to the history and culture of the American people. Who exactly are the Navajos? How come so many historians, anthropologists and scholars have been interested to know them and to be part of their cultural heritage? Where have they originated? What were their challenges and successes as a people? How are they now? The objectives of this essay are briefly summarized as follows: 1.To gain knowledge on the Navajo Indian Tribe: their attributes and characteristics, way of life, culture, livelihood and religious practices. 2.To explore their history and journey with them through time. 3.To determine their contribution to the human race. It is the objective of this essay to present their historical path and determine their legacy to the future. II. THE NAVAJO INDIANS The Navajo Indians are the largest tribe of North America. According to articles on the Navajo People found in Wikipedia, â€Å"the name ‘NAVAJO’ comes from the late 18th century via the Spanish (Apaches de) Navajo, Apaches of Navajo, which was derived from the Tewa navahe, ‘fields adjoining a ravine’†. It is interesting to note that the Navajo call themselves DINE, which means, â€Å"the people†. They now occupy a large area of cultivated land, named NAVAJO, in what is now Arizona and New Mexico.

Marketing coursework 2 Essay Example | Topics and Well Written Essays - 3000 words

Marketing coursework 2 - Essay Example This has been accredited to expanded development and complexed advances that associations are utilizing nowadays to triumph over markets (Christensen, Michael and Jonas 2005). Due to transformation and improvement in expertise, most enterprises are starting to discover worldwide markets for better earnings and opportunities. Advancement in expertise encompassing relation efficacy and better worldwide connections has assisted to the advancement of the worldwide trade. To accomplish larger investments and better market possibilities in the worldwide market, it is essential that prime and smaller market study be finished to double-check that data considering the homeland is attained (Chesbrough 2003). This paper will thus gaze into the obligations and designs required for Panasonic Company to go in a overseas market productively. The major matters that will be tackled by the paper will be; homeland study utilizing PESTEL, business study utilizing SWOT, functioning plans, trade blend and last assessment. Onida was founded by Mirchandani and Mansukhani in 1981 in Mumbai, India. In 1982, Onida began to assemble televisions at a factory they had. Since then, Onida has turned out to be a company with multiple products in the consumer markets. (Solberg 2000). Since its inception in 1982, ONIDA as a constructing business has supported its objective to conceive goods and services that will assist to the sound expansion of humankind and assist to humanity through its business. PESTEL investigation is utilized to enquire the crucial components, which sways a trade and the leverage they have on a specific business or businesses functioning in that specific industry. Political components entail government principles, which are associated to the industry. The financial components encompass the broader financial performance. Social components on the other hand concerns to

Reincarnation Essay Example | Topics and Well Written Essays - 1000 words

Reincarnation - Essay Example Reincarnation appears to have caught the thoughts of many and the notion receives frequent mentions in popular books, feature films and popular music.( Stevenson, 37) Discussion Written by Doctor Jim B. Tucker the book ‘Life before life’ is a scientific analysis of kids’ memories of former lives. The book brings forth an overview of over forty years of reincarnation investigation which was done at the â€Å"University of Virginia division of personality studies†. in addition the book also deliberates over birth defects and birthmarks that look like those of a departed person who is recognized in a child. Doctor Jim is an apprentice of the late Doctor Ian Stevenson who back in the 1960’s started printing case studies of kids who remembered alleged previous life memoirs. From then on Dr. Tucker, Dr. Stevenson and their associates have put together an incomparable number of study cases in which young kids usually between age 2 and 8 spontaneously analyz ed experiences and memoirs of a post presence. The kids often delivered an extensive amount of evidence which included places and specific names from an alleged past life, birthmarks and facts of certain events from that life to back up the idea that a part of their awareness have somehow remained intact and have been passed on from a previous life to another. The cases became more captivating when a certain personality of a supposed past incarnation is successfully discovered normally by the child, family or neighbors. Dr. Tucker brings forth his findings clearly and systematically all the way through the book, for example in a specific chapter he would begin by summarizing a specific sequence of kid s’ cases with a similar character, e.g. occurrence of a birthmark on the kid that resemble to injuries of the kids’ previous character or even existence of printed records describing a kids reports that are dated earlier than the kids’ supposed previous character i s recognized after thoroughly outlining the cases, he goes further to discuss the possible substitute explanations to reincarnation for those cases (ordinary explanations which include faulty memory, fraud, coincidence or paranormal explanation e.g. possession) and then he further goes to conclude if reincarnation offers the most convincing explanation for each individual case. He takes the reader on a universal voyage into regions of the globe with hugely differing views on reincarnation, into homes infiltrated by widely-differing socio-economic conditions and into the lives of kids with very diverse stories. Nevertheless, his assumption that reincarnation as he describes is the most conceivable explanation for most of precise cases and definitely in the frame of cases as a whole, remains unwavering all through the book. Of tuckers In most of Doctor Tuckers cases, the amount of material supposedly recalled by the kid in question is quite amazing. in one certain case, Doctor Tucker tells of a kid from whom even before he was three years old began telling her life as a vendor of incense in a community approximately a hundred and forty five miles away. For 4 years she stated specific details about the life she had led as this gentleman including the exact type of incense he had sold (a type unavailable to and somewhat unknown in the township where that girl lived), the exact location where he lived, the identity of his mother, names of his wife and the

The Effects of the governmental mandatory furlough policy on employees Essay

The Effects of the governmental mandatory furlough policy on employees in Michigan - Essay Example These policies additionally state that employees who are not subject to any collective bargaining contracts when being employed are also subject to abrupt dismissal from employment (Morris, 2005). However, the employees may lay claims against discrimination in their employment on civil rights grounds. Discrimination based on gender, race, age, disability or religions has been prohibited by the federal and state laws in America (Schoeni, 2010). These laws state that the employers may dismiss employees who violate the lawful discharge of their duties, refuse to violate a law in the course of their employment or as an exercise of the rights that have been conferred on them (Kingdon & Thurber, 2010). Furlough programs that are mandatory within the state of Michigan have been implemented for the purpose of addressing the budget shortfalls that have faced the city (Bureau of National Affairs, 2009). There are employers who are legible for the mandatory furlough programs from the government while others are ineligible (Morris, 2005). There are several disadvantages and advantages that the employees within the state of Michigan have encountered due to the mandatory furlough programs that the government has introduced. An employee may take any benefits that have been accorded to him without being interrupted by the days that have been set for mandatory furlough. In addition, their health and dental insurances are also unaffected by these mandatory days (Kingdon & Thurber, 2010). The employees within the state of Michigan are allowed to receive holiday pays under these mandatory programs as though they were performing their regular duties at the workplace (Bureau of National Affairs, 2009). The time that employees serve on mandatory furlough is considered as though they were on regular duty when their benefits under their life insurance schemes are being

Film Induced Tourism Essay Example | Topics and Well Written Essays - 2000 words

Film Induced Tourism - Essay Example In this report, the main focus will be on a case study, â€Å"Sea Change in Barwon Heads.† Barwon heads is a small suburb where a popular television series, â€Å"Sea Change† was filmed. The issues and controversies at Barwon Heads will be discussed associated with this television series, which induced tourism in that area. Moreover, an analysis of these issues on hospitality and tourism sector will be discussed along with its implication on society in the 21st century (Beeton, 2001). An overview: Issues and Controversies in Film Induced Tourism Most of the people who have an interest in films festival visit different countries to gain experience of their culture and values that are being depicted through these films. The main focus of film induced tourist festival is to be successful in promoting good quality films, which can convert large audiences, who come to see these movies, into tourists (Claudia-Elena & Puiu, 2011). There can be many issues that the tourist sect or may have while promoting their films like; Finding which films or television series that can promote tourist activities and gather large audiences (Claudia-Elena & Puiu, 2011). If the tourist activity will subside once the film has reached its popularity level. If tourists will be attracted towards a site where there are shooting locations. Managing tourism during screening to encourage more tourists (Claudia-Elena & Puiu, 2011). How a tourist sector and film industry can work together to promote tourism. Highlighting and understanding the significance of tourism and film industry on the economy of a country can resolve these issues. There is also a need to understand how tourism has its effect on filming and vice versa. By studying these areas, tourism can be marketed effectively. Case Study: How film induced tourism has an impact on attitudes of a community Mostly People are inclined towards entertainment and celebrities and their perceptions are linked with these figures of th e film industry. When the tourist sector hosts a film it has socio-cultural effects on the people, which can be seen in changing perceptions of visitors about the destination. These perceptions are changing due to interaction among the hosts and guests while understanding the differences in their culture (Busby & Klug, 2001). However, there are changes in the behavior of the hosts and guests, which can have an impact on the community. The case of Australian television Series; Sea Change provides an understanding on the issues of physical changes that took place at the Victorian coastal village of Barwon Heads where this film was shooting. Moreover, the impact of this television series on residents and tourism sector will be discussed (Coast, 2013). Australian Television Series: Sea Change When the television series â€Å"Sea Change† was screened, the show gained immense popularity (SeaChange, 2010), and there was increased visitation at Barwon Heads, where the series was bein g filmed (Beeton, 2001). There were many studies through surveys and interviews that were conducted that showed the effects of these visitations on local residents. These studies were drawn after the screening finished and showed the issues and attitudes of local people and visitors at Barwon Heads. The opinions, which were generated, presented the impacts of â€Å"

Separate Peace Essay Example for Free

Separate Peace Essay Gene has a huge ego. His life revolves around competition. Everyday life is transformed to a constant war with everyone around him. He sees everyone he encounters as his rivals and enemies. He says about sports, â€Å"It was as though football players were really bent on crushing the life out of each other†¦Ã¢â‚¬ ¦as though even a tennis ball might turn into a bullet†. (Knowles pp. 84) Gene sees matters of life and death in harmless games of sports. Gene is never comfortable with his own identity. He is envious of those who are better than him and treat them as enemies. He grows extremely jealous of Finny for his athletic talents and ability to flout the rules. He cannot bear to feel inferior to anyone, even his friend; they are all his enemies. He is determined to be better than Finny in academics, in order to not feel inferior to Finny. Being the best in academics would equate Gene with Finny, who was best in athletics. Gene imagines that Finny is no less selfish than him and that they both hated each other in their rivalry. He imagines Finny is only pretending to be his friend to sabotage him. Gene interprets all of Finny’s actions as made in rivalry to him. Finny actually thinks of him as his best friend and never saw him as an enemy. Gene’s later discovery that Finny genuinely wants him to do well destroys the balance of his world, in which they both are enemies competing against each other. So Finny is better not only athletically but as a good person. Always feeling inferior, Gene is jealous and envious to the point that a codependent relationship is made possible. Lacking an identity and enviously seeing only Finny’s superior morals and talents, he would give anything to not feel inferior to Finny. Gene is in a position hat he desires Finny’s identity so much that he would enter into a codependent relationship with Finny to obtain his identity. Gene wants the qualities of Finny that he lacks. At the same time, Finny struggles with insecurity after his fall. Having shattered his leg, he cannot help but feel insecure about himself. His identity is shattered by the reality that he can no longer continue being the s tar athlete he was and achieve his dream of being a soldier. Being unable to carry out his dreams in his own physical body, he is forced to carry them out through the medium of Gene as an extension of himself. Throwing himself into a codependent relationship is Finny’s way of ridding himself of his insecurity and living a normal life through Gene. It would be as if the accident had never occurred. Finny needing to live his former life through someone and Gene’s desire to take on Finny’s identity makes way for a codependent relationship to form. Codependency becomes an obstacle to the creation of a separate identity. Finny’s fall provides the perfect time for the codependency to start. Both sides have something they want and can give in return. Gene wants Finny’s identity for the qualities that he admires in Finny but lacks himself. Finny wants to be able to live his life as an athlete through someone who acts as extension of Finny. Gene and Finny can satisfy each other’s desires. Since both people are receiving what they want in a codependent relationship they are content and happy with their life. There is no need to look inwards and examine oneself or improve oneself. After putting on Finny’s pink shirt, Gene says, â€Å"When I looked in the mirror it was no remote aristocrat I had become, no character out of daydreams. I was Phineas, Phineas to the life. I had no idea why this gave me such intense relief, but it seemed, standing there in Finny’s triumphant shirt, that I would never stumble through the confusion of my own character again. † (pp. 62). Gene feels happy that he has completely taken on Finny’s superior identity and escaped from who he is with all his issues. A false feeling of completeness and contentment prevent Gene from forming his own identity. Only after codependency is broken, can an individual identity emerge. Gene and Finny’s codependency is ended after Finny’s sudden death. Gene starts to re-examine himself, his thoughts and his emotions. Finally Gene puts things into perspective (Slethaug). Gene’s life from the start of his friendship with Finny has revolved around Finny. Everything he did, felt, thought about regarded Finny. His goal of becoming best in the class, and his envy were the result of Finny. Finny was the column, the foundation that supported and shaped his life. The foundation crumbles away with Finny’s death and Gene’s life comes crashing down. He can no longer depend on Finny to dictate his emotions, his thoughts and to serve as an idol he must surpass. With Finny gone, Gene now sees the foolishness and illusion he had been living in and the reality of life. He realizes that many of the enemies he had seen were the product of his own fear. He knows that Finny was a genuine and true friend who meant the best for him. Gene realizes that fear of everything had led to his seeing enemies in friends and that it was harmful. He sees that his fear had led him to feel threatened by a fearless Finny and his jealousy. His fear had made him feel that everyone was out to get him. Most importantly this fear had led him to seriously cripple Phineas and in the end led to Finny’s death. His guilt at having had a direct role in Finny’s death leads to him seeing the illogicality of fearing the world, the unknown, the imaginary enemy. He has escaped from his fear of the world, and matured into an adult in the process. Only now when he no longer fears anything or anyone, can Gene focus on himself and forge an identity. Only now when he does not see in everyone some quality that he lacks can he truly sees his own strengths and vulnerabilities and take them lightly. Gene can focus on forging his own identity when he other people’s identities no longer interest him. Phineas teaches Gene that in this world there is more than just evil, and war but also peace and good. Everyone is capable of good and evil. When Gene discovers that he like Finny is capable of good, he can overcome his guilt about his sin and find lasting peace within himself. Gene realizes that his hatred and jealousy is â€Å"something ignorant in the human heart† and is within him and also brings about wars. Only by reconciling himself with the fact of the existence of this evil within him can Gene realize that his own true enemy is not someone like Finny but in fact himself. He knows now that he had been seeing himself in everyone else. By coming to know his evil, he can come to know himself and his own identity. Gene by coming to know this evil within him can understand now the ideas of peace and love and the true value of friendship. Gene says of his time at Devon, â€Å"my war ended before I ever put on a uniform; I was on active duty all my time at school; I killed my enemy there. † (pp. 204) Gene has killed the hate, the evil, the fear within his heart that often causes wars. By killing the fear within him, he has defeated his own private demons. Gene has come to see that this enemy never comes from without, but always from within. He knows, moreover, that there is no defense to be built, only an acceptance and purification of oneself through love. (Ellis) Gene has matured and discovered his own identity after his codependent relationship is forcibly severed. In A Separate Peace, the author first shows how the codependency between Gene and Finny is formed. Later the author shows how Gene finally finds his own identity after the codependency is broken. Works Cited Knowles, John. A Separate Peace.