Describe the Power of each of Michael Porter’s Five Forces in the industry of the company you have chosen to do your Strategic Analysis on.

Due Oct. 5 Please use the videos assigned to help you with this assignment as well as Chapter 3 of text. In this assignment describe the Power of each of Michael Porter’s Five Forces in the industry of the company you have chosen to do your Strategic Analysis on. Discuss the power of each of the five forces presented by Michael Porter in Chapter 3 of your text. Please make your assignment orderly and easy to read, using headings for each force – followed by your evaluation of the Force: (See Syllabus in START HERE for example of layout) Example: Power of Buyers – STRONG, MEDIUM or why(then briefly explain, using reasoning from the text/video) – Power of Suppliers (to the company) – Strong or weak (and why) Power of Buyers (from the company). Strong, Medium, Weak If you are talking about McDonald’s, the buyers are individuals. No one buyer has any significant power. For a buyer to have power, must buy a significant about of the company’s goods. An example is a sweater company funded by WalMart in the US. This company made sweaters exclusively for Walmart. When Walmart saw an opportunity to get sweaters for just pennies cheaper in Asia, it switched companies. The American sweater company went out of business. In this case, for the company, there was only one buyer, so the power of that buyer was very strong. Power of Competition (within the industry) Intense, moderate, low Power of Substitute Products – Remember that a substitute product is something different from. Coke is NOT a substitute for Pepsi – that would fall under competition. Electronic Security system would be a substitute for guard dogs. Substitutes are generally products or services form a different industry. Power of New Entrants – here you will look under the barriers to entry in Ch 3 and the videos. The power would be weak if the companies in the industry have economies of scale, if the industry is capitol intensive, if there is a lot of loyalty to existing companies, etc. By submitting this paper, you agree: (1) that you are submitting your paper to be used and stored as part of the SafeAssign™ services in accordance with the Blackboard Privacy Policy; (2) that your institution may use your paper in accordance with your institution’s policies; and (3) that your use of SafeAssign will be without recourse against Blackboard Inc. and its affiliates.

Compare and contrast two vertical market companies and their strategic plans.

Strategic Planning

Compare and contrast two vertical market companies and their strategic plans and determine their differences in terms of product offerings, sales processes, target markets, management style, customer service techniques, Web site or online offerings etc.

Please select from one of the following examples of vertical market companies:

  • Sony and Toshiba
  • Nordstrom vs. Macy’s
  • Sears vs. JC Penney
  • Dell vs. Acer
  • Sams Club, vs. Costco
  • Staples vs. Office Depot
  • Zappos vs. 6pm.com
  • KiitchenAid vs. Subzero
  • Ford vs. Toyota

Discuss the labor-management relationship between managers, employees, and unions at Northwest Airlines.

Answer the Discussion question and respond to the two responses below.

Discussion Question

This week’s discussion concerns the video that can be viewed by pasting the following link in your browser: Labor’s Comeback: In-sourcing Work at Northwest Airlines. You will be prompted to enter your last name and 7-digit student ID# followed by “EWL.” You will be directed to the first segment of the video. Watch each segment. Although this took place several years ago, it is an interesting aspect of labor relations. Please post a response with your reaction to the video. Also respond to other posts.

First response

  • The video discusses the labor-management relationship between managers, employees, and unions at Northwest Airlines. Northwest is one of the first airlines that have developed Employee Stock Ownership Plans (ESOP) and Farm-Out Committees. This gives employees, either unionized or nonunionized, the opportunity to make decision and impact the success of the company. It also gives employees returns on the success of the company. This gives employees a sense of ownership and essential helps increase the productivity and innovation of the employees.

It seems based on the discussion of Sandrin, that union leaders are well informed and involved in the companies tasks that offer positions. He discusses that Northwest will meet with union leadership when they plan farm-out, or jobs that they will send for outsourcing. The union leaders will evaluate if the work can be done in house just as cost effective. He discusses that the farm-out committees are able to keep the jobs in house and add employment for union members. Increased in job security by keeping the positions in house help with the motivation and satisfaction of employees. From the video, Northwest is the only airline currently using farm-out committees, comprised of management and union representation. The process can show the importance of involvement of union leadership and representative to not only union members, but non-union employees and managers. Having a great working relationship that is involved and well thought out, ensure avoidance of distribution in work or costly court fees.

Another discussion in the video was the relationship between unions and companies. In the past, unions were seen as an entity that was fueled by hostility and wanted nothing to do with comprising or working together with a company to reach a solution. Even at Northwest, Sandrin discusses that there were 17 months of strikes. Today, Northwest has a great relationship with the union, build on respect. Each organization takes respectful consideration of each other’s plan and views and they work together to reach a solution. In my opinion, employees will respect the company in return because working successfully with the union shows that the management cares for the employees. Employees tend to work harder if they believe everyone has their best interest in mind and treats them with dignity and respect.

Second response

  • The importance of the ESOP thought process has not yet become the norm in organizations.  However the actions that Northwest airlines has taken in implement the actions is very important.  Allowing employees to have a greater literal and figurative stock in the organization will improve actions at all levels.  Employees who feel motivated to take pride in their position will improve at all levels.  I think the most interesting that the philosophy of the implementation is more advanced than the line individuals who would be taking part in the organization.  The interviewed employee highlights that with the new actions of ensuring that hostility versus the new believe in dignity and respect, however the middle management and lower level workers in the organization have yet to embrace this due to years of the old regime being inclined to not give employees the dignity they deserve, or allowing middle management input into large decisions.  The changes that are taking place will take time for all levels to embrace, but when they do Northwest will be well ahead of the times in ensuring all personnel associated with the organization are active members.

Identify a song with a political message.

Identify a song with a political message. Who wrote it and who sings it? Summarize the song. Was it written to inspire political action or critique the government? Does it do so effectively? Describe how it relates to a topic discussed in our readings or class discussion. Be prepared to play an excerpt of the song to the class by having it on your phone/ipod or sending an email (to the professor) with a link to the song. Length: Two pages (no more and no less) Post your assignment onto Blackboard and bring in a hard copy to class.

Explain how Lucy might respond to the possibility of a new life beyond the traumas of drug abuse and sexual assault?

Assignment 1: Discussion: Recovery? In Module 3, Rob, the father of the Centervale family, sexually assaulted his daughter Lucy and forced her into prostitution. Lucy, who is a minor and a victim of parental child abuse must try to cope with living in foster care; apart from her family while trying to heal from the aftermath of the abuse. Lucy will suffer for the rest of her life from witnessing the death of a friend she asked to sleep over and other crimes she has seen. It is very important that she goes through extensive rehabilitation so she can have an opportunity to become a productive member of society. What’s Her Current Condition? Lucy has drowned much of her pain in drug abuse to cope with domestic violence, sexual assault, incest, and trauma. She has been a witness to homicide (her friend’s death) and has had no advocate on her behalf at any time in her adolescence. It is difficult for her to form or rely on relationships. Victims like Lucy need various types of rehabilitation for drug use, sexual assault, and severe trauma. Her goal is to stay away from the type of behavior she was forced into by her parents—persons whom she had trusted the most. If she recovers, she will need to establish new relationships and learn to trust individuals to not abuse or take advantage of her. Submission Details: By Saturday, October 10, 2015. Research in the Argosy Library and locate an article that discusses the steps of recovery for a victim of sexual assault. Make sure to include a reference for the article you use to complete this discussion posting. Discuss the rehabilitation procedures that may be implemented for Lucy’s speedy recovery. Explain how Lucy might respond to the possibility of a new life beyond the traumas of drug abuse and sexual assault?

Discuss and synthesize key elements from at least two recent scholarly articles (found in the CSU-Global Library) that assess economic policy recommendations for healthcare stakeholders.

Dewar (2010) indicates that the field of economics can provide a structure to examine “the implications of individual decision making and help define the alternative mechanisms to improve resource allocation” (p. 9), but it cannot be used as a solution to all issues concerning healthcare access and delivery.

Economists prepare economic analysis briefs to provide insight into how economic market forces operate. For this assignment, prepare an economic analysis brief in the form of a PowerPoint presentation that describes the role of government, economic policies, and/or mandates in the healthcare industry to demonstrate an understanding of Module 2. (You can choose to examine the United States or a foreign country.) Discuss and synthesize key elements from at least two recent scholarly articles (found in the CSU-Global Library) that address one of the following points:

  • Types of government intervention used to address health and medical care needs.
  • Apply economic models, theories, or assumptions in government economic policies.
  • Assess economic policy recommendations for healthcare stakeholders.

Your analysis should be thoughtful and thorough, well written, and should include:

  • A minimum of 15 slides (not including the title and reference slides).
  • Speaker’s notes containing 50-100 words per slide to elaborate on the visual/text content on the slide.
  • Appropriate graphics, multi-media, and other visual elements to enhance the presentation delivery.