In fact, Dunning and Rugman did an additional extension to Porter’s Diamond framework. However, they do not have enough supporting document to prove that Diamond framework should not be use in the nations. Although Porter’s framework is widely used as a guideline for the nations, but it is not reliable for long-term usage as it does not sustain long-term competitiveness for the national business system. According to research, Porter’s diamond framework can only be used in mature and manufacturing economy as for those economy that are yet to mature they are not recommended to use diamond framework. Furthermore, double-diamond theory is more useful and suitable for smaller export dependent such as Korea and Singapore as well as China.
Challenges Sam Palmisano faced as he assumed control of IBM in March 2002: During the earlier years of operations, IBM was at the forefront of innovation in the field of technology. Applegate et al. (2009) stated that the company produced a series of IT innovations and was regarded as the best place to work. This however was not the case, as the industry grew these innovative ideas began to diminish. The company became more reliant on their existing technologies which can been see as one of the early circumstances that led to the future issues faced by IBM.
There is little start up elements. One big problem for Cisco would be companies taking over and merging other companies into one. However it is extremely important for these companies to have the technological information and know how that Cisco has to be as successful as they have been throughout the years. It would be very hard for every company to come out of an economic global downturn like Cisco did and say that they have learned from their mistakes and have turned this crisis into an opportunity and have in fact gained more market share. Cisco is one of the main dealers in the area of revenues therefore it minimises any new competition even if the barriers to entry are
Implementing the e-commerce will require Catatech to have formal IT to take an increase in demand and this will fail in Catatech seeing that the communication within the corporation is very poor. We believe Catatech should have the new IT system before strategy implementation in order to get better results. Implementing a new strategy without the proper IT can affect the current ERP system of the company due to incompetent use of the company’s resources. The new IT system will make it easier for Catatech to implement a
In addition, other firms had equal opportunities to work in the market and Microsoft had competition. Also, there was no strong evidence that proved Microsoft had oppressed competitors. The Sherman Act and other anti-competitive statues protect the economy and consumers. In the case of U.S v. Microsoft, the government was trying to ensure consumer protection from a potentially harmful monopoly. They may not have gotten the breakup of Microsoft that they wanted, however, Microsoft did not become a monopoly.
A math and art, Renaissance do not seem probable because I don’t believe that there is any major changing in the views of people I terms of math, art, language, and peoples geographical understanding. I believe that a cultural and scientific Renaissance can happen and will happen, more specifically a technological Renaissance. These are marred more likely to happen than the others because of large changes in political and cultural views were different views, better economy, and innovation can't start an art or mathematical renaissance these only happen in the first renaissance was because people wanted to learn but had limitations that stopped them from doing so when these restrictions ended an explosion of creativity and knowledge
Currently BW/IP only has a firm pump market in the United States, and there have been little attempts to reach out internationally. Creating a new department to focus on these goals will require too much capital and human capital that the BW/IP doesn’t have. Rather, it would more efficient to merge with a company that already has experience with working abroad. This will widen the range of customers, letting BW/IP focus their attention away from an already dominant US market and towards a larger international market. While reaching out beyond the domestic market, BW/IP should focus on reducing overlap on its departments when acquisition or mergers take place.
Mandle explains that not addressing the climate change situation will cause more damage to future generation than some tax increases. And many people think greenhouse gases are a threat and they are willing to support paying money to correct the situation. Money should not be the reason for the government to ignore climate change because the consequences of not doing anything will outweigh the high costs of research and development of renewable energy
industry exist if broader outlook is considered. Viewing any industry as technologically mature often leads to strategic disaster. Moreover, many important innovations for competitive advantage are mundane and involve no scientific break-through. Innovation can have important strategic implications for low tech as well as hi-tech companies. Porter also addressed that the technology can alter the nature and basis of rivalry among existing competition in several ways.
Clearly, from the data it is necessary for India to raise its budget because firstly, it has never spent strategically or judiciously on military infrastructure. Recent developments also trigger the need for improved DRDO and related activities. On the other hand, it is felt unnecessary to spend huge sums on US military as it has enough resources. Scale From the statistics presented, India’s expenditure is nowhere close to that of US. But, considering the super lengthy border that India shares with its neighbours, it is definitely important for India to draw inspiration from some of the highly successful countries in terms of their military strategies and policies and scale up its expenditure for all future military