Wednesday, February 19, 2020
Gillette€™s Energy Drain Essay Example | Topics and Well Written Essays - 500 words
Gilletteâ⠬â⠢s Energy Drain - Essay Example Gillette can also use its goodwill in the market to increase brand saliency. It can also show the bigness of the brand by telling people that it is a part of Gillette Family.. It should inform people that the raw-materials used by Duracell are better than those used by competitors. Using the VRIO framework, the firm can exploit its brand to help with the brand positioning. However, since competition threat is high, due to lack of barriers to entry, more competition is going enter the industry and will threat Duracellââ¬â¢s position in the market. This will further drain the resources. However, looking from the SCP model, the firm cannot change much about the structure, it can improve its own conduct and start acting like a market leader. It can also improve the productââ¬â¢s appeal to make it look better than competing brands of batteries. Duracell can also join hands with one of its competitor to share knowledge and technology to operate in the market as a bigger brand. This would also help the new bigger firm to exploit all the benefits of economies of scale and to lower its costs to compete with the cheaper brands of batteries. It will really helpful in improve the financial statements of the company and to tackle declining stock prices and deteriorating income statement. The company should try not to divest the brand as it would decrease the product line and hence the firm will then have all eggs in one basket. It will be harmful for the company because any volatility in the razorââ¬â¢s division is going to have a bad effect on the overall liquidity position of the firm. Hence, the firm should consider merging with another firm in order to increase market share and reduce the intensity of competition in the
Tuesday, February 4, 2020
Student enterprise leadership Essay Example | Topics and Well Written Essays - 1750 words
Student enterprise leadership - Essay Example sier to create the required platforms that boost the relationships with the rest of the students, and that step towards making a shift in the way other people relate to the group is vital. The afro-Caribbean society has to feel loved by the rest of the students who will assist in pushing the members to higher levels of interaction for the sake of meeting their general needs (Sheldon 2010: 162). The important thing as students is to grow each other and ensure that the steps made towards a better community at school all start from the realisation of a better people in the future. Incidentally, the goals noted within the school will assist in making it easier to lift the society higher while at the same time associating success to individuals rather than holding it back because it is not what people expected. The society is currently in disarray. The leadership is not working towards the wellbeing of al members. Most complain that the society is being held back by the fear that they could all succeed and make better choices towards generating greater motivation for the sake of all (Carr, Light & Woodhead 2014: 105). The society has not held any meeting to discuss its welfare for the past few months, and that has led to the discontent that could lead to further cracks in the group. A few people are holding the group back because they want their feelings and actions to be the main determinants of the whole group of more than 1200 students, while that could be disastrous because everyone has a different way of looking at things. The important thing is to straighten the way things are carried out in the society while making better choices that will boost the way people operate and interact within the society (Dunne 2013: 139). Importantly, people need to know that their thoughts, feelings and wellbeing count when their representatives go ahead and make choices on their behalf. This could be difficult to ascertain but the reasons for growth could be derailed by the lack
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