Four attributes answer this by stating that the, Factor endowments focus on basic factors such as natural resources, climate change, location geographically, demographics. The second one is advanced factors such as infrastructure, communication, urbane, skilled labour, research facilities, and technological skills. Third one will be advanced factors are a product of investment by individuals, companies, and governments. Porter argues that for competitive advantage advanced factors are the most significant. Lastly demand conditions look at customer need and demand which must be produced by companies will have to produce innovative, high quality products early, this way competitive advantage will be met.
So, as long as net investment is taking place real income and output will continue to expand. (b) Kaldor-Model: The Kaldor model is an attempt to make the saving-income ratio, a variable in the growth process which was assumed constant in Horrod-Domar model. In the Kaldor model growth and the progress of the country depends upon the interaction of economic and non-economic forces. It must be necessary to maintain suitable relationship between population growth and the income for the stable growth of the economy. Kaldor incorporates the importance of factors like saving, investment and technical function.
GE seeks to preserve a strong competitive advantage through innovation, and capital allocation strategy also included the move from industrial to the infrastructure work leader to maximize the core strengths of the existing work and diversify and trade expansion. A strategy to reduce the instability and steadiness design by creating varying growth cycles. Another side of strategy at GE is to invest in the opportunities available in high-growth markets, long-term, which was close to its a feature like launching GE in 2010, which focuses on innovation and optimism process to improve the margin in the industrial projects program. Jack Welch had implemented the six sigma approach in 1990s to business management. General Electric core competencies are the operational efficiencies, sheer size, its history and reputation and all that accumulated to create a competitive advantage for GE.
The characteristics of the end-market will likewise bear upon the activities carry out by the actors along the value chain. Knowledge and willingness to comply with the demands in the value chain’s end-market, thus will be conditional to participation in high value adding value chains. For this cause, the key condition for the inclusion of producers in the value chain is access to market information and the power to translate it to market intelligence (Trienekens, 2011:53 ff). Meanwhile, Grunert et al. (2005) defined market orientation as “..chain members’ generation of intelligence referring to current and future end-user needs, dissemination of this intelligence across chain members and chain wide responsiveness to it” (Trienekens, 2011:53
It can also be described as the "process of developing and strengthening the skills, instincts, abilities, processes and resources that organizations and communities need to survive, adapt, and thrive in the fast-changing world. Capacity building has typically been defined as the development and strengthening of human and institutional resources. Since you cannot separate people from the organisation, investing in them people and the entire systems or structure will make products and services better. This will ultimately have a great impact in the totality of the organisation. Capacity building in the health context therefore is described as the ‘invisible work’ of health promotion.
Every nation will achieve progress towards strong and effective infrastructures development. Infrastructures are dividing into economic infrastructure and social infrastructure. Economic and social development process depends largely on the available resources. However, Public infrastructure is necessary to rising industrial-driven economy. Public Private Partnership is one of the authorized strategies purposed to rally the industrial economic need and not reducing the social needs of the community(Markom & Ali, 2012).
3. Applicability cycle diagram. XU Liquan, ZHOU Junqing / Procedia - Social and Behavioral Sciences 00 (2016) 000–000 5 4. New-town Development Framework based on Resilience Thinking The resilience thinking theory reflects that the development of ecological sensitive areas shall not only guarantee the resilience of district development, which requires maintaining and protecting the local natural ecological environment as much as possible in new-town construction and planning; but also increase district vitality, guiding the system to enter forward cycle stage, which requires new towns to absorb population and provide sufficient employment opportunities, so as to build a stable social-ecological system. Based on this, this thesis establishes the new-town development framework based on resilience thinking theory from the planning of innovation forming, establishment of index system and adjustment of feedback mechanism.
1.1 INTRODUCTION Malaysia urban development shows a rapid growth in order to achieve high income nation in 2020. Sustainable development highlight by government require balance between environment, economy and social. Development in transportation through comprehensive and well performing transport system is an important enabler of sustained economic prosperity. In addition, transportation is one of the main issues stated in the Thrust 3 of Malaysian National Urban Policy that aims for an integrated and efficient urban transportation system. Establishment of Land Public Transport Commission (LPTC) in 2010 shows determination of government to improve public transport in Malaysia.
The task of the industrial sector in the newly industrialising nations has further aggravated the appeal and the driving urge for industrialisation for the third world nations. The fundamental convergent argument on development is the provision of basic amenities such as education, health, food, potable water and shelter to the citizens. It is also globally accepted that this task is better and more appropriately performed by public institutions. This underscores the crucial job of the government in the process of economic development. Public expenditure is supposed to stimulate the factors of production towards appropriate utilization of resources, enhancement of the value-adding capacities of the factors of production and thus generating the
Primary function of Facilities Management is to provide strategic management advice on the efficient operation of buildings and the minimisation of life cycle and operational costs. Besides that, it also responsible for ensuring that services are delivered in order to contribute to the better productivity and profitability of the occupants’ businesses. The range of services provided by facilities management firms relate mainly to the operation of a building such as repairs and maintenance, security and cleaning and also technical services requiring skilled personnel. Services are an important part of economic activities and employment in the developed countries, and involve a significant share of innovative effort (OECD, 2005). Among services, Facilities Management is increasingly being recognized as a growing business ground and scientific field.