Porters 5 Forces for Car2go Project in Osaka, Japan

Introduction The use of Porter’s five forces in analyzing the business plans is something that is today almost synonymous to the process of strategic marketing planning. These five forces, advanced by the renowned macroeconomist and Harvard scholar; Michael E. Porter in 1979, essentially help in guiding business planners on what to expect in their new business ventures and how they should handle their challenges as well as opportunities.Advertising We will write a custom research paper sample on Porter’s 5 Forces for Car2go Project in Osaka, Japan specifically for you for only $16.05 $11/page Learn More These forces are: Threat of New Entrants, Bargaining Power of Suppliers, Bargaining Power of Buyers, Rivalry among Existing Competitors, and Threat of Substitute Products or Services as summarised in the diagram below. A circumspective analysis of these forces, in relations to the proposed Car2go project in Osaka, Japan, is succinctly done below. Main Discussion Threat of New Entrants In essence, the arena of transportation (both public and private) is flooded with constant entry of new entrants based on the ever increasing need for people to move from one place to another. As a result, there is always a ready market for new entrants. Osaka, Japan being a reportedly business hubbub, entry of new competitors is bound to happen and we therefore have to be ready and prepared to deal with that. To deal with the above challenge, Car2go plans to widen the scope of its businesses such that the entry of new competitors will not have much effect to their business endeavors. Pilot programs of these new diversifications are already underway in the current branch in terms of their products and services. By the time we move into Osaka, Japan, the company will have already known the relevant and fitting plans to put in place while also being aware of the ones to be ignored. Bargaining Power of Suppliers In assessing the aspect of d ealing with the bargaining power of suppliers, we have to chiefly consider the elements of cost and time to be utilized in the project. Given the fact that Car2go already has working system of suppliers that get to internationally supply the company in countries and regions like U.S.A, U.K, Canada, Germany, France, Austria and Netherlands; the company intends to use the same suppliers for purposes of cost and time efficacy.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More However, there are instances that there may be complications like delays by the suppliers or even jurisdictional restriction by traffic laws thus limiting some transportations (Watanabe 4-7). In times like these, new suppliers will be required so that the company is able to duly serve its new customers at Osaka, Japan. To this regard, Car2go will therefore have to increase the number of suppliers so as not to be af fected by any market fluctuations. Bargaining Power of Buyers Studies by our market researchers indicate that a good number of public and private transportation and car rental companies exist in Osaka, Japan. With the rise in the number of outlets offering products and services similar to Car2go, customers will have a wide range of options to choose from. In effect, this will result into a price war ultimately favouring customers. In other words, the customers will have a high bargaining power thus making cost-plans for quite challenging for service providers. In regard to our case, Car2go is renowned for having good prices for its buyers. This good price system will be replicated in the Osaka, Japan so no difficulty is expected. Rivalry among Existing Competitors As glimpsed in the previous section, Osaka, Japan already has a significant number of companies offering products and similar to ours. Rivalry from these existing competitors is bound to fierce and expectedly tough. Howeve r, scholarly and market reports from various quarters indicate that Car2go is reputed for having good relations with other market players so very minimal challenges are expected. Even more importantly, the existing players only act as a motivation for Car2go to work extra hard—something which is bound to ensure that continuous progress ensues. Our good brand name in car rentals services as well as in both public and private transportation will also be a plus for Car2go in edging off the competition from the existing competitors. Threat of Substitute Products or Services In today’s fast growing and highly competitive market of transportation, there is need for organizations to adopt an effective strategy for marketing in order to gain revenues and gain competitive advantage as well as meet its operational goals (Czinkota Ronkainen 186-190). This is driven by the presence of competition among companies for the already relatively-full market. A company that has inferior products and services rarely attains success, or survives in such a market (Porter 201-205). This occurs since those companies that have effective marketing strategies win a large pool of customers in comparison to those companies that have weak marketing strategies.Advertising We will write a custom research paper sample on Porter’s 5 Forces for Car2go Project in Osaka, Japan specifically for you for only $16.05 $11/page Learn More Over time, success in Car2go is usually measured in terms of gains (market share, revenues), and meeting operational goals. So, in order to fulfil these vital aspects of success, we intend to implement a diversification plan which entails venturing into other regions while bettering its product and services. In effect, the threat of substitute products or services will be thwarted while the company’s targets are met thus ensuring that we achieve overall success. Summary Just like most business ventures, our pro ject plans, in regard to Porter’s 5 Forces, may result in success or failure. It is for this reason that this plan calls for everyone involved to ardently play his/her part. It is only by doing this that we can have some assurance that our plans will be foolproof of the usual market hiccups and the never-ending economic challenges. Additionally, as seen in many other companies who have followed the formula we are proposing to institute the new branch in Osaka, Japan; we expect some copycat competition from our numerous competitors after we launch our branch. So in order to stay a step ahead of such competitors, we are planning to periodically revolutionize our operations after commencement in Osaka, Japan. Revolutionizing and bettering the myriad of facets entailed in Porter’s 5 forces will definitely offer Car2go competitive advantage over other market players. Finally, it is worth noting that the Japanese market, to be specific, and the Asian market, in general, is h ighly dynamic and sophisticated. In order to survive in it, we not only intend to use strategies that have previously worked in our other branches but we also intend to customize and adapt our transportation products and services to the existing market intricacies. This way, our success will be highly guaranteed. Works Cited Czinkota, Michael R., Ronkainen, Ilkka A. International Market. 8th Ed. 2007. London: Cengage Learning, Print. Porter, Michael E. Competitive Advantage: Creating and Sustaining Superior Performance: with a New Introduction. New York: Free Press, 1998. Print. Watanabe, Ryo. Overview of the Public Transport System and Policy in Japan. 2-3 Mar. 2005. Web. https://www.itf-oecd.org/.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This research paper on Porter’s 5 Forces for Car2go Project in Osaka, Japan was written and submitted by user Cayson Nolan to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Marriage Essay Example

Marriage Essay Example Marriage Essay Marriage Essay Do not Judge, or you to will be Judged. 1. How have you frequently heard this verse used in Christian circles? Consider example from sermons, Bible studies, blobs, and your own personal use of the verse. I have been in small groups within my Church that have often seen other people who are involved in repeated acts of sin, yet our small group has often turned away from getting Involved in helping this person in sin. My small group has referred to this scripture on more than one occasion as the reason of not addressing another embers sin. While I did not necessarily agree with this belief I chose to go along with it. By choosing to go along with this belief it began to become reality in my life, and I began to believe it more. The culture we now live in has a tendency to promote accountability and responsibility. 2. How should this verse be properly understood according to the author of The Most Misused Verses in the Bible? When I have a personal relationship with Jesus Christ and am allowing Gods spirit to ark within me, I do not approach another persons sin with pride or hypocritical judgment. I am going to help my fellow Christian out of love and compassion. I will feel compelled to reach out to this fellow Christian to help him and by doing so I may save him from death and cover over a multitude of sins. When I go to my fellow Christian in this matter I am not Judging him as the scripture above Indicates, therefore, I am not going to be Judged by God. 3. Based on Barbershops conclusion, how does this verse provide hope, encouragement, or support to the modern reader? First we have to remember that all scripture Is God breathed and that It never contradicts Itself. We can take this scripture and all other related scripture and put It Into context. This verse gives us hope because we have scripture to turn that says we are created In the Image of God and therefore should help our fellow Christians. We do not use do not Judge as a way of not helping our fellow friend who may be In sin. We use It as a way to approach our fellow Christian who Is In Sin. We do not approach him In a prideful or hypocritical manner. We approach are fellow Charlatans out of love and compassion and we help them. We address their sin with them and help them on the right path. Notes [1] Eric Bargainers, The Most Misused Verses In the Bible: Surprising Ways Gods Word Is Misunderstood (Minneapolis, Milne: Botany House, marriage By connection Christian in this matter I am not Judging him as the scripture above indicates, First we have to remember that all scripture is God breathed and that it never contradicts itself. We can take this scripture and all other related scripture and put it into context. This verse gives us hope because we have scripture to turn that says we are created in the image of God and therefore should help our fellow Christians. We do not use do not Judge as a way of not helping our fellow friend who may be in sin. We use it as a way to approach our fellow Christian who is in Sin. We do not approach him in a prideful or hypocritical manner. We approach are fellow Christian in the Bible: Surprising Ways Gods Word Is Misunderstood

Colourimetric Assay for Paracetamol Essay Example | Topics and Well Written Essays - 1000 words

Colourimetric Assay for Paracetamol - Essay Example ble results. The chief advantage of colourimetric methods is that they provide a simple means for determining minute quantities of substances. The upper limit of colorimetric methods is in general the determination of constituents which are present in quantities of less than 1 or 2 per cent (J. W. Robinson). The principle behind any colourimetric technique for paracetamol analysis is that paracetamol undergoes oxidation-reduction reaction with an aqueous solution of iron(III) ion. In the reaction, iron(III) ions are being reduced to iron(II) ions. The iron(II) ions produced in the redox reaction is reacted with potassium hexacyanoferrate(III) solution forming prussian blue which is an intense blue colored complex. The concentration of the paracetamol in a given solution may be determined by measuring the color intensity of the Prussian blue solution. ... Upon measurement of the intensity in terms of absorbance, Beer’s law is used to calculate the concentration of the paracetamol in micrograms per milliliter. To permit selection of the most advantageous technique, effects of variables such as temperature, heating time, acidity and reagent concentration have been evaluated. Another simple, accurate and fast method of determination of paracetamol is based on the measurement of the intensity of the yellow color that will develop when the sample containing paracetamol is reacted with p-dimethylaminobenzaldehyde in 2 molar solution of hydrochloric acid after heating (Usifoh, et. al.). This yellow color is usually absorbed in the visible region where the wavelength is 450 nm. It is normally stable for several hours and its intensity is directly proportional to the concentration of the drug, that is, Beer’s law is obeyed. This colorimetric technique is mainly used for analysis where the paracetamol is contained in a particular raw material or in pharmaceutical dosage forms such as tablets and syrups. Finally, a fast, automated colorimetric method for the determination of samples containing paracetamol is the latter’s reaction with acidic hypochlorite followed by coupling with alkaline phenol which produces a blue indophenol dye, which is measured colourimetrically (J.W. Murfin). This method is generally used for tablets containing paracetamol and a granule formation containing paracetamol. MATERIALS AND METHOD A stock solution of paracetamol has been prepared for analysis. The stock solution is prepared by dissolving appropriate amount of 0.0023 mol/L paracetamol solution in 10 mL of NaCl solution and made

Contract in business Essay Example | Topics and Well Written Essays - 2500 words

Contract in business - Essay Example In the first place, it would be noted that a contract does not necessarily have to be a written document. It is against this backdrop that the society goes on further to mention examples of contract to include â€Å"purchase any goods, buy a house, engage a builder to carry out work on your house, borrow money, order goods or machinery from a manufacturer, or sign up for a telephone plan.† Indeed, in most of these cases, there is no signing of a written document but there still exists a contract. To Simon therefore, he could still have had a contract without having a written documentation. The second and most important aspect also has to do with the fact that a contract but be legally binding between two people. What this means is that all two people or two parties involved must have the word of the other that they are going to deliver their sides of the agreement without fail. However, in the case of Simon, when he sent the order for the purchase, he received no confirmation from Huddersford confirming that Huddersford had put himself in the deal and so would have to fulfil his part of the agreement. In simple terms, there was no binding contract between the two parties. Building on from the last point on the need for a contract to be a legal agreement between two or more parties, it would indeed have been a lot of difference if John had sent the letter of acceptance. If for nothing at all, the letter of acceptance would have constituted the Johns part of the agreement on behave of the bookshop and this would have given Simon much ground to argue for a breach of contract. Having said this, it is important to emphasise that Simon’s only quest for a bidding contract has to do with the single purchase of the â€Å"Fly fishing in the Wye† by J.R. Marple and not the bookshop’s failure to deliver a book to him. If as part of the mailing list that Simon received there was any assurance that any one who placed an

Marketing home work Essay Example | Topics and Well Written Essays - 500 words

Marketing home work - Essay Example In a highly competitive environment of cut throat business, creating and keeping customers therefore becomes vital ingredient of the market strategy of the firms. Saxonville Sausages is a prime example of how brand strategies were used to position their product in the market. They had targeted family and homemakers who relished home cooked food. The advertisements showed women using Saxonville sausages to make different dishes and enjoying it with family. Thus it was able to create a niche market position. Through right positioning, it was able to revive its declining profits (Mullins & Walker, 2009). Mountain Man brewery case, on the other hand emphasizes the need for new product to meet the challenges of time. Mountain Man is established brand of lager with regional specialty that primarily caters to the niche market of coal miners. Its brand equity is associated with long history of coal mining and has a loyal customer base which now is elderly populace. The new light beer would meet the tastes of young generation but fears that it could threaten its brand equity. But this is a risk which the firm must take to maintain its competitive advantage in the industry. Market research is intrinsic part of business strategy that is used to identify and analyze changing customers’ requirements which the firms meet through new product development or value addition (Vandermerwe, 2004; McKenna, 1991). The buying behavior and surveys are important tools for qualitative and quantitative analysis that help deintify the changing trend of the consumers. For example, qualitative study would show that coke is a favorite drink but diet coke is preferred more because of its low calorie. On the other hand, quantitative research would indicate that coke is more popular than Pepsi. Various firms like Redbull, Reebok, Nike have used market research to identify their requirement that was used for new product

The Socio Cultural Forces Economics Essay

The Socio Cultural Forces Economics Essay As discussed earlier also, the Al Ain Diary is planning to expand its business overseas market of Germany by launching its new camel product within the foreign country. Thus, the launching of new products in the new market gave rise to development of the new international strategy which requires the external environmental analysis of the Germany market in comparison to the UAE market. The business environmental analysis of the Germany is done as under: Socio-Cultural Forces: Socio cultural forces have great impact over the international business as it is directly related with the external and the internal customers of the country. Germany is considered as the most popular nation of Europe and contributes a lot to the national culture of Europe, such as the German culture. In order to establish the international business within Germany, it is very essential for Al Ain to induce the cultural and social factor of the country within the international strategy. The key cultural and social features of the country are as follows: Ordnung: German living and the working style is regulated by the structures such as with the help of laws, rules, procedures linked with the economic, political and social factors. Thus, the German business is regulated by the strict and prescribed rules and regulations of having low degree of flexibility and spontaneity. Focussed Facts: The decision making and the problem solving process are based on the objective facts within the country. So, such processes are governed by logical analysis of information rather than perception. Focussed Tasks: Germans believe that they have to achieve the task that is in their hands rather than future tasks. They have well defined structure of their tasks and the interpersonal relationship plays a secondary role in the business. Communication Style: Germans follow direct and confrontational communication style. Therefore, the business discussions are followed by the open criticism and the project problems are not taken as the personal issues. Punctuality is the essential and vital part of doing business in Germany. German Business culture is well defined and strictly followed on the structures and hierarchy. There is a clear description of roles and responsibilities for each and every person. Personal life is never mixed in the professional life by the Germans. Business relationships are often made for mutual advantage. The level of formality is even maintained within the business and the colleagues. The first name is only taken by the closed ones, however within the professional environment, the last names and appropriate titles are used. Business meetings are totally formal procedures and greeting is initiated with the firm and brief handshake. Body language and eye contact plays a very vital role in business communications. The official language of the country is German and most of the Germans follow Christianity (Gorrill, 2007). Hofstedeà ¢Ã¢â€š ¬Ã¢â€ž ¢s Cultural dimensions of Germany in comparison to UAE: Power Distance: The power distance in Germany is highly decentralised and supported by the strong middle class. The score for the power distance is 35, which shows that the co-determination rights of the country is comparatively extensive and requires management. While in the UAE, power distance is highly centralised and governed by the upper middle class. Individualism: German society is truly individualistic and controlled by the short families with parent child relationship. While the UAE society is mostly grabbed by the expatriates and the migrants from the different countries. Masculanity/ Feminity: Germany has a very high score in this factor and performance is highly valued in the country with transparency. The people in Germany have high standard of living and managers are decisive and assertive. While in the UAE, the society strongly follows the male dominance and women are restricted to work outside. The high level of standards is also maintained in the UAE society. Uncertainty Avoidance: Germany is among the uncertainty avoidant country and the UAE also falls in the same category. To avoid uncertainty, they plan everything wisely and try to set rules, laws and regulations to rely on. The above analysis depicts that there is a great cultural differences between the culture of UAE and Germany and thus for the expansion of Al Ain within Germany all the cultural factors must be kept in mind as it directly related the internal and external customers of the company. Operation in Germany comprises of local employees following the German culture so the whole HRM should be designed within the cultural paradigms of Germany. The Major area of focus is the customers of Germany as they also believe in German culture and thus much concentration should be given on the cultural areas as these factors directly affects the loyalty of the customers. Economic and Socio-Economic Forces: The economy of UAE have witnessed a significant rise in the past decade, wherein they have been considered with an adequate economic stability and viable growth rates which are inclusive by their increased GDP and Fiscal Balance. On the other hand, the economic growth statistics of the UAE which was reported to be 2.9% owing to the impact of depreciated oil prices evident on a global scale will subject to vulnerability. Germanyà ¢Ã¢â€š ¬Ã¢â€ž ¢s economic freedom score is 71.0 which make the German economy as the 26th freest economy in the index of 2012. German economy has ranked as the 12th among the 43 countries of the European Region. The foundation behind such long term competitiveness and dynamic growth is based on the high quality legal regime of the country and strongest rule of the law. Regulatory efficiency of the market and the open market polices benefits Germany to contribute within the global economic business and market. The economy has been emerged from the effects of the global economic downturn which has negatively affected the financial and economic management. The budget deficit of the country has been pushed over the 3 % of the GDP (Germany). The population of Germany 81.726 million which makes it 16th most populated country. 13.7 % of the total population accounts for the people of age group 0-14 while 66.1 % of the total population accounts for the age group of 15-64 and 65 and above age group accounts for 20.3 % of the total population. The sex ratio within the economy is 0.97 Male/Female. The local German citizens within the total population accounts for 73.63 %, while German citizens with immigrant background accounts for 10 % of the total population and 8 % of the total population are foreigners without German citizenship. The literacy level within the country is 90 % and over 10 % of the German youngsters are functionally illiterate. The government of the country is democratic, parliamentary republic and federal republic and the GDP accounts for 3.571 trillion USD. The economic analysis depicts that there is a great scope for the business in the German economy as the economic structure of country strongly supports the business environment. The expansion of Al Ain in the German market i therefore beneficial for both the countries in economic respect. Legal Forces: The Federal government of the Germany is recognized as the constitutional state that ensures the stability within the laws and the protection of liberty and equality within the country. Basic law acts as the standard for the democratic constitutional state. The federal constitutional court monitors the management and maintenance of the rights and the preservation of the justice within the country. The administration of the country is being divided into five branches namely: Ordinary. Labour. Administrative. Social Financial Courts. Generally there are three tiers that re-analyse the decision of the court. 20000 independent judges pass the justice who are bounded by law and passes the judgement. There are 5000 public prosecutors and 15000 lawyers in the country. The internationally stabilised and recognized legal environment is able to attract the foreign countries to trade and operate the entrepreneurial activities within the country (The Legal System). The above analysis depicts that the strong and structural legal system is being followed in the German constitution and thus the expansion of Al Ain Group within German market should be done with all the standard legal norms and regulations. Political Forces: The Emirate of Abu Dhabi has been developed as an industrially fertile hub which has attracted various multinational corporations, diplomatic relations and investments made by the government in the various initiatives. The impact of Emiratisation policy may be seen in the Labor law which requires private sector organizations to employ 20% of their work force from the domestic population compulsorily. This means that any private sector organization which fails to obey to the recruitment regulations would be banned from undertaking any further recruitment of additional foreign employees in their organization. The Germany is the unified country which does not represents and depends for the decisions on two different type of government i.e. state and central government and thus the political stability of the government is very high. The Basic Law initiates the Supremacy of political parties in the government system which results to the development of all the government policies through the organizational structure of political parties that ultimately adds stability to the political environment. The trade restrictions within the country of Germany are restricted by the norms of WTO and EU Community. WTO trying to ensure that minimal technical or the non-tariff barriers are faced by the traders to smoothen the trade and economy. The above analysis depicts that the political environment of Germany is quite stable which supports the expansion of Al Ain through fulfilling all the political norms. Labour Forces: As per the data revealed by the labour ministry of UAE in the year 2010, the number of expatriate workers in the UAE symbolizing the stamina of the oil-rich economy is 3.8 million. A hasty financial and economic boom in the region of Gulf led to more than replication of the number of expatriate workers from 1.8 million in the year 2001 to four million in the climax year of 2007 prior to it slumped to 3.8 million by 2010 due to economic tightening in the stir of the global economic meltdown of 2009. (3.8 million foreign workers in the UAE, labor minister says, 2011). There are lot many issues due to the expatriate workers in the UAE. The first and foremost issue is that the immigrant or expatriate workforce may act as barrier and challenge the country by endorsing their own governments welfare or that of a planned crime within the alliance or federation. Secondly the expatriate employees frequently require a higher rate of payment for rendering their services and practically they tran sfer all the revenues and income to their countries rather than expanding or investing that amount in UAE. This affects the economy of UAE very badly in terms of revenue deficit, fiscal deficit, balance of payment, gross domestic product and gross national product etc. Last but not the least, immigrants or expatriate workforce exaggerate pre existing segments of society within the country since they learn to be the chief workers in non-oil industrial sector of the UAE, while the local Emiratis of UAE usually prefer to get employed for the government sector. (United Arab Emirates Overview of economy). The domination of expatriates over the UAE nationals is projected to have developed in around 8.2 million with UAE local citizens making only 11.47%. The UAE attracts personnel from across the globe, primarily from the Asian subcontinent and the Arab region. The key issues pertaining to the expatriate workers in the UAE are the Remittance of local revenue to the other countries. The do minance of expatriates in the employment sector affects the career and growth opportunities of the local Emiratis people a lot. (Suter, 2005) The employee employer relationship within the country of Germany is strongly being regulated by strong and tightly controlled legal processes. Various amendments in the law have resulted to the Germany as the system focussing on the industrial democracy and harmony. But still there are some problems in the system which results to economic difficulties. The above analysis depicts that strong labour laws and regulations must be followed by Al Ain to expand its operations in the country of Germany.

The Way of Jesus Christ Essay -- Religion, Messianic Jewish Faith, Chr

The German scholar and theologian JÃ ¼rgen Moltmann wrote a powerful work called The Way of Jesus Christ. In his book, Moltmann, blends Judaism and Christianity together to form what is called messianic Jewish faith. Messianic Judaism is a religious movement that adds to Evangelical Christian theology with elements of Jewish terminology and ritual. He connects the Old Testament with the New Testament and believes there must be a connection between the messianic and the Christian perspective of Christology. Moltmann's statement in chapter one supports his idea that there are historical presuppositions that we must understand from the Old Testament before we can understand New Testament Christology. Moltmann states, " there is no such thing as Christology without presuppositions; and its historical presupposition is the messianic promise of the Old Testament, and the Jewish hope which is found on the Hebrew Bible". He believes that to have an understanding of Jesus we must have a historical understanding of the Old Testament promises and the historic Israel together. He furthered states that we must look at the name Christ as an adjective or descriptive word and not as a noun. He does as a way to translate Christ back into its proper term "Messiah" (1). Even the term "Christian" in Moltmann's understanding of Christology lacks the proper terminology to make it significant in meaning. He states, "Christian means, being human in the messianic sense. The name of Christian is not a detonation of a party. It is a promise. It is what is messianic" (1). However, as good as this might sound Moltmann's perspective "amalgamates liberation and feminist theologies with that of the Roman Catholic Eastern orthodox thought into his mess... ...views of Christology by stating if you reject any of the three dimensions, the results will be fatal (150). When you consider Moltmann's understanding of his three-dimensional Christ, he has a valid argument for Christology. Moltmann's conclusions of God's humanity and divinity have valid arguments and biblical support. One would have a hard time disagreeing with Moltmann's three dimensions of the person of Jesus Christ. However, you cannot overlook mainstream traditionalism in our society and say that if you deny one or the other there is a fatal theological flaw. Our society is evidence to the fact that most Christians perceive Christ only in his divine state or, as Moltmann would say, as a theological person of Christ. Even in this state of being, Christ is still the Savior who reaches to the sick, the brother of the poor, and the comrade of the people.