Key Competencies and Porters Five Forces Model - 799 Words

LLAGAS, Ariedna ABAYON, Abegail DELOS SANTOS, Christian Mikaella MONSALE, Ma. Beatrice SOLARTE, Rollie TRIÑANES, Angelique Vinn Rose LLAGAS, Ariedna ABAYON, Abegail DELOS SANTOS, Christian Mikaella MONSALE, Ma. Beatrice SOLARTE, Rollie TRIÑANES, Angelique Vinn Rose 2016 Key Competencies and Porter’s Five Forces Model BSBA HRDM 4-1 ENMA 4113 Group 1 2016 Key Competencies and Porter’s Five Forces Model BSBA HRDM 4-1 ENMA 4113 Group 1 I. KEY COMPETENCIES COMMUNICATION * It is a pivotal role to the development of the entrepreneurial society. * Entrepreneur must have the skills in communication to compete with other entrepreneur like getting more investors. Methods of Communication 1†¦show more content†¦Video conferencing requires the use of special video equipment, so you may need to check with your technology department to determine if it is something your company is capable of doing. LEADERSHIP * It is the primary force behind a successful change. Entrepreneurial leadership – a leadership that is based on the attitude that the leader is self-employed. Leaders of this type: * Takes initiative * Demonstrate * Take risk * Take responsibility EXPERIENCE * As an entrepreneur, you must employ all present and previous experience you have into the business you are building. II. PORTER’S FIVE FORCES MODEL 1 Barriers to entry in the Business * Power is also affected by the ability of people to enter your market. If it costs little in time or money to enter your market and compete effectively, if there are few economies of scale in place, or if you have little protection for your key technologies, then new competitors can quickly enter your market and weaken your position. If you have strong and durable barriers to entry, then you can preserve a favorable position and take fair advantage of it. 2 Threat from substitute products * This is affected by the ability of your customers to find a different way of doing what you do – for example, if you supply a unique software product that automates an important process, people may substitute by doing the process manually or byShow MoreRelatedEssay on Competing on Resources: Strategy in the 1990s.991 Words   |  4 Pagesto develop a business model framework that helps describe how a company’s resources drive its performance in a dynamic competitive environment. This approach integrates the internal analysis of the company (i.e. core competencies) with the external analysis of the industry and the competitive environment (i.e. Porter’s Five Force Model). The article argues that both analyses are required to accurately assess a company’s competitive position. While Porter’s Five Forces Model helped strategic managersRead MoreHow The Porter s Five Forces And The Segmentation, Targeting And Posi tioning1538 Words   |  7 Pagesanalysis will describe how the Porter’s Five Forces and the Segmentation, Targeting and Positioning (STP) models can be applied to fashion marketing, using Primark Stores as an example. Headquartered in Dublin, Ireland, clothing retailer Primark Stores Ltd manufactures fashionable clothing items and apparels across the clothing spectrum, including men and women’ wear, kids’ wear, lingerie as well as accessories and cosmetics (Hawkes, 2013). Application of the STP model will help leading fashion brandRead MoreThe Marketing Strategy Of Kevin Plank Essay1210 Words   |  5 Pagesinnovation are important to maintain an acceptable competitive level with its most prominent rivals and competitors Nike and Addidas. 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A company gains a competitive advantage in the market if: †¢ A company competes through cost the product offered to the customers should be identical to the competitors at a lower price. †¢ A companyRead MoreCompetitive Advantage And Competitive Advantages1627 Words   |  7 Pagesconsolidate the company’s position, innovation becomes crucial. Companies should be in a position to embrace the changes in order to be abreast of the competition and hold its position (Daniela, P ,2014). Apart from innovation, the internal and the external forces along with the knowledge management form the vital factors. For an organization to gain the competitive advantage and sustain it, it has to innovate and globalize the vital factors mentioned. Theories: Let us discuss these factors with theories Read MoreManagement Information Systems1162 Words   |  5 Pagesdoes Porter’s competitive forces model help companies develop competitive strategies using information system? †¢ Define Porter’s competitive forces model and explain how it works. †¢ List and describe four competitive strategies enabled by information system that firms can pursue. †¢ Describe how information system can support each of these competitive strategies and give examples. †¢ Explain why aligning IT with business objectives is essential for strategic use of systems 1. This model providesRead MoreUse Of Industry Structure Analysis And The Resource Based View2699 Words   |  11 PagesResource Based View of the Firm in analysing firm strategy. This essay will set out to compare and contrast two strategic analytical models: Industry Structure Analysis (ISA) and the Resource Based View (RBV). Firstly, it is imperative to define the key terms in the essay title. The term â€Å"compare and contrast† indicates a necessity to both draw out and emphasise the key similarities and differences between the ISA and RBV. At the same time, the term â€Å"firm strategy†, as defined by Chandler (1962), refersRead MoreRothaermel Exercise 1 Essay examples1712 Words   |  7 Pagesfirm’s business model, which details the firm’s competitive tactics and initiatives† (Rothaermel, p. 11). Basically, a strategy will explain how a firm will make money but the difference between a strategy and the business model is the business model explains how the firm intends to make the money AND puts it into action; the strategy just gives the theory. Business models put strategy into action. A strategy focuses on the comp any in relation to its competition and the business model focuses on the

The Effect Of Teen Bullying Essay - 1618 Words

The Effects of Teen Bullying Bullying is defined as a superior strength or influence to intimidate someone, typically to force him or her to do what they want. Teenage bullying is a serious problem in school and it is not always physical. There are several types of bullying including physical, verbal ,emotional, covert and cyberbullying. Physical bullying can include fighting, hitting, kicking, etc. while emotional bullying can include gossiping or leaving someone else out on purpose(Bullying Info and Facts ). While covert bullying can include lying, spreading rumors and playing cruel jokes to humiliate someone and Cyberbullying can include harassment via a mobile phone or harassing someone on a social networking site and Verbal bullying can include teasing and insults. (Sugar Creek Charter School). When a bully wants to become popular, it is understood that he or she will pick on the most unpopular kid, one who has for one reason or another been shunned by their peer group. The bully will be applauded by their peer group for his or her malice behavior and he or she will then become popular at the expense of the poor victim(Bullying Statistics 2014). Bullying is the leading cause of suicide and can also lead to mental as well as physical problems, and social issues. To begin, bullying is a serious problem and can ultimately lead to suicide. There are several different reasons that ultimately lead toShow MoreRelatedCyber Bullying : Bullying And Bullying899 Words   |  4 PagesTeenagers and Cyber Bullying Stop Cyber Bullying for Good While teenagers are widely affected by bullying in person, the internet has widened the playing field. Cyber Bullying (and bullying in general) is done with the primary purpose of inflicting emotional distress on the victim. Much more of the cruel incidents will occur if the issue is not fixed. The thought of others not knowing who is doing the bullying could be the reason why teens find it more appealing to cyber bullyRead MoreThe Problem of Cyber Bullying1323 Words   |  6 Pagesteenagers say it’s a problem,† (â€Å"An Old Problem with a New Face†). Since the rapid growth of technology, cyber bullying has become life-threatening for too many teenagers. Now that teenagers have phones and technology almost twenty-four hours a day, they are putting themselves at a greater risk of being cyber bullied. Cyber bullying is different from regular, old-school bullying; cyber bullying is using the internet to ruin the life of other teenagers. â€Å"Cyber bulling is when a teenager is tormented,Read MoreTeen Suicide and Bullying1250 Words   |  5 PagesBullying is a worldwide problem that can be linked to teen suicide. The third leading cause of death in youth is suicide, which results in nearly 4,400 deaths per year (Centers for Disease Control, 2012). At least half of these deaths are caused by bullying. Although bullying is still seen by many to be a normal part of growing up, it is a severe problem that leads to many negative effects, including suicide. Unfortunately, there is not a definitive solution to this problem. However, there are multipleRead MoreCyber Bullying : A Deep Seated Psychological Problem1359 Words   |  6 Pages Cyber Bullying Introduction Cyber bullying among teen occur when the teenagers harms or harass their peers over the information technology network. Cyber refers to any form of information technology and is not limited to social networks such as Facebook, blogs, twitter, SMS. It is important to note that an action can only be considered as bullying if it is repeated and conducted deliberatelyRead MoreBullying And Its Effect On Children1134 Words   |  5 PagesBullying April 20th, 1999, Eric Harris and Dylan Klebold went to their school in Littleton, CO. 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If you we re ever asked what the greatest adversity most teens have to overcome today what would your answer be? In my opinion the greatest adversity most teens overcome today would have to be bullying. Despite all the programs and laws against it, bullying is a continuing adversity for many children and teens as most schools will not do anything to resolve the problem without a threat from a parent or guardian. â€Å"Over 3.2 million students are victims of bullying each year.†

Argumentative Essay About Video Games Example For Students

Argumentative Essay About Video Games If you’re getting into the world of critics or adjusting to your new school curriculum, you may come across various tasks demanded by teachers. Some of them require research with a deep insight into a topic that you have never heard of; others can be quite complex and require analysis of a vast range of materials along with a synthesis of new ideas, whereas the third ones can make no sense at first. No matter what kind of task you have, you still need to brace yourself and be ready for upcoming challenges that will enable you to improve your writing and researching skills. We will write a custom essay on Argumentative About Video Games specifically for you for only $16.38 $13.9/page Order now Argumentative essay is a special case that requires carefulness not only since it’s a clear reflection of your understanding of a topic, but also because of its specific structure and necessary approaches. Though the term argumentative essay seems to be a narrow notion, it includes a variety of methods and strategies that can be used in order to compose one. The first kind of such a paper is a contrastive essay, which comprises facts and their negation or affirmation based on references to different sources. The purpose of this approach is to either oppose to a common belief or support it by providing sufficient arguments. Also, you can decide to be completely supportive of opinion, and conduct research whose purpose is to find the most persuasive arguments that testify that such an opinion is authentic and trustworthy. If you decide to follow this structure, then you’ll end up having a supportive argumentative essay. On the other hand, a topic can be quite controversial especially when your teacher wants you to demonstrate the most critical abilities. For this, you can approach argumentation from a neutral perspective and compose a pros and cons paper  that will both support and argue the integrity of an opinion. In this case, you’ll have to conclude the work with a statement that balances the flaws and applicability of an opinion, while your position is still unknown to a reader. Normally, an argumentative essay has a similar structure a simple article on the expression of one’s opinion. It consists of an introduction comprising general information about a topic, a thesis statement and an opening to a discussion. Then it has a body consisting of arguments for and against a topic and their supportive or opposing facts, which are mostly drawn from credible sources. The last section is a conclusion that is a summary of everything stated in the previous parts but a concise and framing manner and a reference to the thesis statement in the introduction. Choosing an approach of writing an argumentative essay is an essential step towards composing one. If you wonder how such work should look like feel free to have a look at a sample essay right after this paragraph. Essay Sample Are video games a means of relaxation or a steep hill leading to an addiction? The 21st  century has gifted humanity with impeccable technological advances that have been intertwining with our life on a daily basis. The high-speed Internet and an opportunity to communicate in an instant are simplifying our routine and contribute to our social life. Alongside this, people can plunge into mysterious and undiscovered worlds of virtual reality, where they find a resort to make new friendships, become someone they have always dreamt of becoming and simply relax by playing video games. But is it true that video games are just an innocent way of embellishing one’s sullen reality or, maybe, it’s a sinister invention that deprives people of the sense of presence? It’s believed that video games have come into our lives as a creation of IT technologies and the elaboration of sophisticated computer improvements. The advocates of the games’ harmlessness assure that engaging yourself in virtual reality has a therapeutic function since it reduces the level of stress and calms down the symptoms of anxiety. Moreover, the supporters state that people who play video games are likely to improve their ability to concentrate and disperse anger by practicing from 2 to 4-hour playing sessions a week. .uced95b6f634f18397530ea4f0dc49c6f , .uced95b6f634f18397530ea4f0dc49c6f .postImageUrl , .uced95b6f634f18397530ea4f0dc49c6f .centered-text-area { min-height: 80px; position: relative; } .uced95b6f634f18397530ea4f0dc49c6f , .uced95b6f634f18397530ea4f0dc49c6f:hover , .uced95b6f634f18397530ea4f0dc49c6f:visited , .uced95b6f634f18397530ea4f0dc49c6f:active { border:0!important; } .uced95b6f634f18397530ea4f0dc49c6f .clearfix:after { content: ""; display: table; clear: both; } .uced95b6f634f18397530ea4f0dc49c6f { 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; } .uced95b6f634f18397530ea4f0dc49c6f:active , .uced95b6f634f18397530ea4f0dc49c6f:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uced95b6f634f18397530ea4f0dc49c6f .centered-text-area { width: 100%; position: relative ; } .uced95b6f634f18397530ea4f0dc49c6f .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uced95b6f634f18397530ea4f0dc49c6f .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uced95b6f634f18397530ea4f0dc49c6f .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; } .uced95b6f634f18397530ea4f0dc49c6f:hover .ctaButton { background-color: #34495E!important; } .uced95b6f634f18397530ea4f0dc49c6f .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uced95b6f634f18397530ea4f0dc49c6f .uced95b6f634f18397530ea4f0dc49c6f-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uced95b6f634f18397530ea4f0dc49c6f:after { content: ""; display: block; clear: both; } READ: LEGALIZE IT Essay SummaryIn addition to this, video games are seen as a great way for people who suffer from social anxiety and other traits of socialization lacking. The communication and engagement in co-operation with individuals from all over the world, if it’s an online game, and merely observing the artificially represented human relationship patterns, as they say, can be an effective way to developing the sense of basic social interaction and, therefore, can be favorable in the end. On the other hand, constant and repetitive abuse of playing video games is considered by psychologists a dangerous and disruptive activity. According to the statistics, every second household in the USA is, to some extent, engaged in playing video games. This is almost 72% of the state’s population, where every 4th  inquired person demonstrates symptoms of the addiction. The rave of plunging into virtual reality is becoming more and more popular with the sophistication and modifications of the product. It’s established that people, especially children, who abuse playing video games suffer from sleep disorders, headaches, sensitivity and instability of the nervous system which causes aggression, irritability, apathy and, even, delusions. All in all, the problem of extensive video game playing has been one of the most discussed topics among psychologists due to its influence on everyday life and adult’s and child’s psyche and their mental health. There are two main parties with opposing opinions about virtual reality and its role in the contemporary society. The first one consists of advocates who support an idea that playing video games has become a part of our lives due to its ability to reduce stress and help people who struggle with depression, anger issues, and social anxiety. The second group is non-supportive individuals who are convinced that constant engagement in virtual reality and spending time at a computer are the main causes of mental health-related problems. The truth is that abuse of any kinds is likely to be causative to problems for one’s well-being. The best way to avoid trouble is not to completely eradicate a factor, but to learn how to cope with it and incorporate it with the most of benefit for society.

Leadership Trait Theory Essay Example

Leadership Trait Theory Paper Sir Francis Galton is credited with being one of the earliest leadership theorists, mentioning the trait approach to leadership for the first time in his book Hereditary Genius, published in 1869. Galton (1869) believed that leadership qualities were genetic characteristics of a family. â€Å"Qualities such as courage and wisdom were passed on- from family member to family member, from generation to generation† (R. House, M. Javidan, P. Hanges, and P. Dorfman, 2002). The trait theory of leadership makes the assumption that distinctive physical and psychological characteristics account for leadership effectiveness (McGraw, 2007). The most basic leadership traits are basic intelligence, clear and strong values and high level of personal energy (Ram Charan, Stephen Drotter, James Noel, 2001). However, Edwin Gheselli defined the leadership traits as six traits which were most widely reported by others according to McGraw (2007), and the six traits are Need for achievement, Intelligence, Decisiveness, Self- confidence, initiative and supervisory ability (Edwin Gheselli). On the contrary, Zaccaro (2007) noted that trait theories still just focus on a small set of individual attributes such as the Big Five personality traits, to the neglect of cognitive abilities, motives, values, social skills, expertise, and problem-solving skills. Besides, he also noted that this trait theory aim to consider patterns or integrations of multiple attributes. Leadership Behavior Theory With the growing concentrate on the behaviorism in psychology during 1930s, more and more research occurred in leadership behavior (George Manning, 2007). We will write a custom essay sample on Leadership Trait Theory specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Leadership Trait Theory specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Leadership Trait Theory specifically for you FOR ONLY $16.38 $13.9/page Hire Writer â€Å"Behavior leadership theories assume that there are distinctive actions that effective leaders take† (Kent Curtis, 2007). There is an assessment named Leader Behavior Description Questionnaire (LBDQ) which is known by others being developed by Ralph Stogdill and others at Ohio State University (William J, 2007). This questionnaire separated the leader’s behavior in to two dimensions which are Initiating structure and Showing Consideration. The former means the leader mostly will consider the relationship between themselves and their staff. The later means the leader would like to develop trust, respect, support, and friendship with subordinates. (George Manning, 2007) This paper will analyze the activities of Michael Dell by leadership trait theory because this theory is the basic theory of leadership even it is just focus on personality according to Zaccaro (2007). George Manning (2007) argued that there are 10 qualities that mark a leader and help influence the leadership process which are vision, ability, enthusiasm, stability, concern for others, self-confidence, persistence, vitality, charisma, and integrity. He explained that a good vision is the basic requirement for a leader due to that a good vision can enable the leader recognize what happened and what should do. First of all Michael Dell was born on February 25th, 1965 in Houston Texas. The way his story sounds reads like a business fairytale. He attended the University of Texas, he had nothing but an idea on his mind no way to fulfill it no money to fund it. He wanted to become a Doctor or to own his own little business his preference was an electronic store but like any other college student he had no money. One day he was sitting in his bedroom in his parent’s house, with an apple computer he got to thinking about the purchase of computers and that there was always a middleman and the extra cost of accessories. He started to take apart the Apple Computer to get acquainted to the heart of the computers. Then it dawned on him that he can sell computers directly to the customer without the unnecessary middleman so he can keep the production cost low. Accordingly, Dell sold PCs to customers directly and it also started to take phone orders. Michael Dell said his company was the first PC manufacturer who sold product to customers directly. Going direct has become the core competency of Dell Computer Corporation. Besides, Dell begun to change the way of store which is they created big-box computer stores. It means Dell will reduce lots of cost than other competitors. This simple ways will change Dell’s future. (Ram, 1997) Michael Dell had created a strategy which is the objective of Dell: to gain more profit. They needed to find a way to achieve this objective. He said when Dell move into the server field, â€Å"in the mid-1990s, our competitors’ services, while good product, were onerously and unjustifiably priced to subsidize other less profitable parts of their business. What emerged was an incredible opportunity to disable our competitor’s ability to gouge the market, while at the same time to grow our business in servers. This strategy was first evident when Dell took a look at all the PC retailers out there and decided to avoid them. My goal has always been to make sure that everyone at Dell feel they are a part of something great- perhaps something even greater than themselves. † Michael Dell is a CEO who knows how to delegate, and that means he relies on getting the best possible people in his organization. (Schlesinger, 2002) Michael Dell says: â€Å"I am often asked how we manage to maintain the attitude of a challenger, even as we continue to grow at record speeds. Culture is, by far, one of the most enigmatic facets of management that I have encountered. It is also one of the most important. Once a reporter asked me which of our competitors represented the biggest threat to Dell. I said the greatest threat to Dell wouldn’t come from a competitor. It would come from our people. † (Aldrich, 1990) To achieve a good business growth, Dell has been segmented in different parts. Michael Dell is quoted at 1000ventures. com as saying, â€Å"Pay attention to what your best people are achieving, and build an infrastructure that rewards mastery. The best way to keep the most talent people is to allow their jobs to change with them. † (Glancey, 1998) Dell’s innovation mostly relies on its partners. It helped Dell reduce cost and made him more nimbly. In terms of Dell’ own tech innovation, Michael Dell says the most important thing is to keep the research and development (RD) cost down. He also said â€Å"Unlike many of our competitors, we actually had an option: to buy components from the specialists, leveraging the investments they had already made and allowing us to focus on what we did best- designing and delivering solutions and systems directly to customers. † (Johannison, 2000) Dell grew rapidly due to its vision of the market. Michael Dell says: â€Å"Planning is one of those areas where experience counts as much as intellect. When you’re trying to grow a new business, it’s hard to anticipate the ups and downs of business cycles that you’ve actually never experienced before. † (Jones, 2003) â€Å"Dell has grown fast enough to make it clear that you cannot expect to do everything yourself. In the end, you have to delegate responsibility†, Michael Dell says: â€Å"For any company to succeed, it’s critical for top management to share power successfully. You have to be focused on achieving goals for the organization, not on accumulating power for yourself. † What he said is true that he had made Kevin Rollins to be CEO after his words. (Gibb, 1999) However, global finance crisis brought problems to Dell. When Dell CEO Michael S. Dell and President Kevin B. Rollins met privately in the fall of 2001, they felt confident that the company was recovering from the global crash in PC sales. Their own personal performances, however, was another matter. Internal interviews revealed that subordinates thought Dell was impersonal and emotionally detached, while Rollins was seen as autocratic and antagonistic. Few felt strong loyalty to the companys leaders. Worse, the discontent was spreading: A survey taken over the summer, following the companys first-ever mass layoffs, found that half of Dell Inc. s employees would leave if they got the chance. (Bloomberg Business week, 2003)