The Business Environment Assignment Essay Example | Topics and Well Written Essays - 1500 words

The Business Environment Assignment - Essay Example There is enormous increment in the deals of cheap food bars when contrasted with cafés uncovered by late reviews. Individuals are still especially keen on inexpensive food. (Mintel Report-March 2004) Barry's Burger Bar (BBB) is a business in a bustling college town in England. BBB works in an extremely serious condition. The market structure inside which BBB works directs the estimating arrangements, promoting procedure and productivity potential. Barry has been thinking about changing his costs so as to build his business (all out income). In this task we would decide the Business Strategy for BBB as experts. In spite of the fact that Barry is very allowed to make his own strategies with respect to advertising and valuing however he ought to need to consider the fundamental factors that are impacting market. For this reason he have to lead a short review all alone or with the assistance of his partners to gather the information about his rivals and market powers. By gathering dependable information right business methodology can be planned. For this reason investigation and situations Model can be utilized (Lynch Richard Corporate Strategy 2003) Brief Analysis: BBB is arranged in a bustling zone and its incessant clients are understudies and University staff. As it is reasonable that buying intensity of understudies is similarly low. As they need to fund their examinations and their everyday costs either with the help of guardians or by doing low paid low maintenance employments. These conditions diminish the buying intensity of the understudies. So on the off chance that Barry is arranging increment the value, at that point he may free

Women’s Health Preventative Care Free Essays

Women’s Health Care and Preventative Care In the United States, the expense of human services is on the ascent and it is practically difficult to get any medicinal services administration at a moderate rate. Regardless of whether protected or uninsured, ladies of all socioeconomics are confronted with this issue. Ladies ought not put their wellbeing or life in danger since they dread getting another doctor's visit expense. We will compose a custom exposition test on Women’s Health Preventative Care or then again any comparable point just for you Request Now Because of the increasing expense of social insurance and protection, more ladies don't get safeguard clinical treatment and are at present in the red. Frequently, ladies don't get or postpone getting precaution medicinal services because of the expense of treatment. â€Å"Learning about and rehearsing preventive social insurance, I. e. keeping up your body and great wellbeing all through your whole lifetime, is appropriately the best technique to keep malady from occurring in the first place† (World Research Foundation, n. d. ). Ladies require more safeguard medicinal services than men and a portion of these protection administrations are not in every case completely secured by protection, for example, mammograms or pre-birth care. Pre-birth care isn't just significant for the woman’s wellbeing, yet in addition for the child’s wellbeing. Safeguard human services can distinguish just as forestall infections. Early location is now and then the way to restoring certain maladies. More ladies as of now are paying off debtors or have unpaid hospital expenses. The increasing expense of social insurance joined with the present place of employment showcase has left more ladies owing debtors (Robertson Collins, 2011). Medical coverage suppliers don't generally give the inclusion ladies need. Truth be told late investigations have demonstrated â€Å"few plans offer maternity inclusion and young ladies can confront generously higher premiums than men of the equivalent age† (Robertson Collins, 2011). Although,† The Affordable Care Act is bringing change for ladies through required free inclusion of preventive consideration administrations, independent company charge credits, new reasonable inclusion choices, and protection showcase changes, remembering bans for sex rating† the law won't be executed until 2014 (Robertson Collins, 2011). Something should be done before then so as to eliminate obligation from unpaid hospital expenses. The administrative just as the state government should actualize more projects that offer precaution care at pay based rates. There ought to likewise be more projects aimed at bringing down doctor's visit expense obligation. An obligation procured by a doctor's visit expense ought not influence a person’s credit. More insurance agencies ought to give age and sexual orientation explicit plans at moderate rates, so as to guarantee everybody gets the best possible human services required. Albeit, a portion of these arrangements may must be financed with higher duties or spending cuts, these projects would largy affect the measure of ladies who get protection care. Precaution care is a need in guaranteeing sound living for ladies. Getting deterrent consideration is a savvy approach to spare lives by rewarding and diagnosing ailments and conditions early. Guaranteed and uninsured ladies should have the option to get precaution care without agonizing over how and on the off chance that they will take care of the clinical tab. Despite the fact that women’s social insurance cost is a rising issue in the U. S, there are savvy answers for ease this issue. References Robertson, R. , Collins, S. R. (2011) Realizing Health Reforms Potential. Recovered fromhttp://www. commonwealthfund. organization/~/media/Files/Publications/Issue%20Brief/2011/May/1502_Robertson_women_at_risk_reform_brief_v3. pdf World Research Foundation. (n. d. ) Preventive Health Care Helps Everyone. Sedona, AZ: WorldResearch Foundation. Recovered July 15, 2012 from http://www. wrf. organization/preventive-social insurance/preventive-medicinal services. php Step by step instructions to refer to Women’s Health Preventative Care, Essay models

Personnel Economics Essay Example | Topics and Well Written Essays - 1750 words

Staff Economics - Essay Example The organization has the accompanying operational units: Enterprise Fleet Management, Enterprise Car Sales, Enterprise Rent-A-Car, and Enterprise Rent-A-Truck. Despite the way that a client inside all of these business sectors needs various items, each client, regardless of whether private or business, requires an advantageous, fast and dependable assistance. Vehicle rental as a business keeps on being serious. Venture is constantly extending the scope of administrations it has, in an offer to address the issues of the customers (Kazanjian 40). Aside from business rentals at city and air terminal areas, the organization additionally profits substitution vehicles for the fix of mishaps, occasion rentals at transient interims for uncommon events or breaks, and graciousness vehicles to be utilized in carports. In addition, the undertaking offers a help of gathering customers and taking them to their vehicles for enlist. Maintaining high consumer loyalty levels is a fundamental advocate of development inside the organization. Enterprise’s accentuation is conveying high-class client assistance. It has on standard events won honors to this understanding. The little and neighborhood office structure of the organization and their innovative groups of workers have the ability to whip out significant choices freely, and are, in that capacity, ready to accomplish their objectives. The contextual analysis thus inspects the way wherein the venture can screen and enlist the correct faculty and abilities so as to achieve its business goals and points (Kazanjian 44). The Human Resource Management’s Role The human asset management’s reason for existing is to employ, thusly train, and at last create staff. Where fundamental, the division disciplines staff or excuses them. Despite the fact that far reaching preparing and advancement, the enterprise’s workers are advanced in the organization and achieve their maximum capacity. This business as usual dec reases the company’s requirement for enrolling outside staff by utilizing the existent ability (Compton and William 36). As far as cost viability, this is a compelling manner by which a business can deal with its faculty. The HR division capacities to oversee present staff as well as plans for approaches of affecting changes bound to influence its staffing needs later on. This wonder is alluded to as workforce arranging. For example, the business may accumulate development into developing markets, for example, truck rental. It might likewise receive the utilization of new innovation that requires new aptitudes, for example, worldwide situating. In addition, work force can resign or might be advanced, thus leaving holes that must be filled (Kazanjian 48). Outer changes in the work market may happen, and this implies less aptitudes will be accessible in a specific zone, with different zones being immersed with experts. Human asset the board assumes responsibility for making arr angements for all principles that characterize the company’s technique for arranging and enlistment. The human asset the board capacity of the organization, thusly, assumes a central job in the business since all the directors utilize their mastery in their journey to get staff. The venture has a characteristic approach of chief advancement from inside its existent workforce. This means the business has a commitment to enlist people who show potential for development. On a yearly premise, a normal of 1,000 representatives is enlisted into the

Consequentialism Is A Philosophical Theory That Offers A Systematic Ap

Consequentialism is a philosophical hypothesis that offers a methodical way to deal with arriving at moral and good resolutions. Consequentialists accept that in settling on a choice with respect to a good or moral issue, one should intensely think about the result of the activity. A good and great choice would eventually bring about by and large net bliss, and interestingly off-base and unethical activities would bring about net dismay or torment. From the start, this hypothesis appears to be sensible as far as gauging the utility activities that lead to advancement of good and bliss. In any case, closer examination points out the various protests and evident clashes with out essential good instincts. While receiving the hypothesis of consequentialism, the dynamic procedure may appear to be dreadfully straightforward. This hypothesis gives a ?solitary model for right activity.? (Arras 10) An ethical choice can be made easily, even in cases of predicament, utilizing the hypothesis of consequentialism. As per the ?Greatest Happiness Principle,? an ethical activity or choice is one that will in general advance by and large net satisfaction. Then again, an activity that would be found ethically out of line would at last produce something contrary to bliss. If an activity were to create two unique conditions, the right, or good, activity is one that delivers the most generally bliss or delight. Other than the office of the hypothesis in arriving at resolutions, consequentialism is one of unprejudiced nature. As indicated by this hypothesis, just the consequences of activities are pertinent in evaluating profound quality. One must dispose of ?contemplations of ?expectations, sentiments, or feelings.? (Arras 9) simultaneously, binds to loved ones, just as the possibility that torment and penance have virtue or worth, must be disposed of. Embracing the possibility of unbiasedness expects thought to be given to all gatherings similarly. One is not, at this point limited by such ties as connection and can settle on fair-minded choices. In this way, lightening a lot of worry in reaching last resolutions. To the undeveloped eye, this hypothesis appears to be very engaging, however soon, the hypothesis gets filled with irregularities and clashes. The ruins of this hypothesis can be delineated in the accompanying case. There are five patients that are dispensed with a lethal illness. The specialist's kinfolk is harassed with a lethal illness too. A fix, be that as it may, can be made utilizing the ground body portions of the specialist's kinfolk. There is no known solution for the illness of the operator's family. A consequentialist would effortlessly go to an ethical choice by rehearsing the thoughts of consequentialism. The way that the one to be yielded in the specialist's kinfolk has no impact on the result. By relinquishing one, five are spared, and a result that gives a more prominent net positive is achieved. Hence, it would be, as indicated by consequentialism, the operator's ethical commitment to forfeit his kinfolk to spare the five others. Utilizing this model, one can plainl y protest the hypothesis of consequentialism. We live in a general public that instructs and sustains affectionate family structures. We are instructed to accept that ?blood is thicker than water? furthermore, that the ties of connection are ones that withstand even the trial of time. It would be for all intents and purposes difficult to totally disregard the way that the one to be relinquished is in certainty identified with the specialist. Regardless of whether it were conceivable, executing a kindred person, though to spare five others, negates our exceptionally fundamental good instincts that persuade that the murdering of another human, supported or not, is in truth unethical and unpardonable. At last, in light of the fact that solitary the ultimate result of the choice is significant, one should cautiously consider each conceivable result when judging whether all the more great or more damages will be the presumable outcome. It would be for all intents and purposes difficult t o sit and contemplate all the potential results of each activity. Who is to state that the life of the yielded individual is esteemed at 1/5 of the five spared in general? Since we can't put a quantifiable incentive on life, it isn't conceivable to expect that sparing the five would bring about more bliss and great. The past model gives that the consequentialist would think about contemplating each conceivable result of activities

Best Guide for Selecting Topics for Exemplification Essays

Best Guide for Selecting Topics for Exemplification Essays Choosing the subject of a paper is the most basic stage in the entire procedure of composing. The whole paper relies on the quality and ampleness of the point. Most likely you are having an issue choosing the subject of your paper. There’s nothing to stress over in light of the fact that we’re here for your help. The correct point genuinely catches the essence of a paper. It’s neither too long nor excessively short. Get a smart thought of choosing a point by perusing our rules. We offer you great embodiment article subjects identified with a wide range of territories. In the event that you despite everything need support, you can have an altered subject created only for you by our specialists. What Is an Exemplification Paper? Before getting into a conversation of the determination of subjects, it’s standard to have a brief glance into the idea of this sort of exposition. The word ‘exemplify’ intends to appear or illustrate. In this manner, the importance of models in these papers is a great deal. It’s basically contentious in tone and nature. The author joins cases in it which approve an assessment. The contentions are bolstered and validated by solid proof and models. Thus, the perusers get an away from of the perspective of the essayist and furthermore have motivations to have confidence in the data they are advertised. Here are simple tips to kick you off the correct way: Give right subtleties. Fuse models that suit the paper’s prime subject. Utilize an enticing tone by utilizing amazing models and utilizing intelligent composition. Convey the contentions and models all through the article with the goal that each part has them. The most effective method to Decide the Topic for Your Paper †Expert Tips Commonly, instructors give understudies subjects for embodiment exposition themselves. Nonetheless, on the off chance that you need to think of a subject yourself, ensure that you have a decent information on your picked theme and that you can without much of a stretch snatch proof and realities on the side of the focuses you will make in it. Recollect that the genuine test of discovering genuine models lies ahead. So in the event that you select an extraordinary point, the odds are that you’ll neglect to discover fitting models for it. Think profound while picking your subjects to compose an epitome paper on. Let’s assume your educator requests that you compose a paper on a creator. While you can pick any journalists of your decision, attempt to choose one for your paper who has composed a greater number of books than others. This will make it simple for you to discover important data and models from the author’s books in view of the straightforward explanation that they will be bounty. Significant focuses to consider while choosing the subject of your paper is: It shouldn’t be in excess of 70 characters long †spaces included Maintain a strategic distance from the utilization of accentuation in the subject Don’t utilize convoluted words in the theme The most effective method to Write the Paper So It Attracts Readers The significance of best embodiment exposition themes in improving the readership of papers can't be overemphasized. However, everything isn't done uniquely by choice of the right theme †your beginning area ought to have the pulling power in it too. You can begin the paper with a well known inquiry or expression to catch the eye of perusers. You need to recognize your intended interest group to think of the best models in your paper. Models for a subject will be distinctive for youngsters crowd when contrasted with those for an older crowd with no adjustment in the theme. Great conduct for a youngster may mean acting admirably with guardians and cleaning the teeth consistently, yet for a grown-up, you will embody great conduct as giving foundations and gifts, and devouring less characteristic assets. Here Are Some Interesting Exemplification Essay Topics You don’t simply need to discover a point for the paper, and you additionally need to guarantee that it’s fascinating. The point ought to have a wow factor with the goal that it flashes enthusiasm for the crowd. Here are some simple epitome article points that have this quality: Showing youngsters habits †the almost negligible difference among child rearing and badgering. No dinner is free in this world. Why not move to Canada? Are individuals from all races related? Why we need excursions Locate the Best Exemplification Essay Topics for College Students Subjects for papers at the school level must be scholastically exceptionally solid. Articles contain solid contentions, and solid down to earth models prove them. A few points you can choose from the accompanying ones: Is internet based life a dependable wellspring of data? Innovation has changed training. Is polygamy morally legitimate? Would teachers be able to dissuade tormenting and savagery in schools? Should understudies be shown subjects of religion in schools? Could a severe veggie lover diet be healthfully adequate? Is plastic medical procedure a need or an extravagance? As you may have seen, the above great themes for an epitome exposition identify with various fields of information. The most ideal approach to state a theme for this sort of paper is as an inquiry. As you attempt to answer it in the paper, you talk about models that legitimize your assessments. Get Our Guru to Devise a Fine Topic for You Have you discovered the point you were searching for during the ones we have proposed? If not †don’t alarm. Our specialists are here to assist you with the school epitome article subjects. What subject, territory, or field you need to pick the theme from? Tell us by rounding out a basic structure with the goal that we can allot you one of our most capable authors. We devise great themes for expositions all the time as we have more than ten years of involvement with this field. Round out the structure.

TBA Essay Example | Topics and Well Written Essays - 750 words

TBA - Essay Example I experienced difficulty tuning in to the speaker that day. All things considered, I needed to recognize the obstruction that impacted my absence of tuning in during the introduction. Distortion and connection to individual convictions and qualities were the two critical hindrances to powerful listening that day. Error is an essential driver of listening obstruction during correspondence. Much of the time, our idea drive us to decipher messages in a way that was expected by the speaker (McPheat, 2011). Distortion regularly prompts misconstruing the speaker’s message and may legitimately prompt an absence of tuning in to the speaker. At the point when we add a translation to the speaker’s word, we present wellsprings of blunder in the correspondence. Confusion may have added to my failure to tune in to the speaker on the preventive proportion of HIV/AIDS. As per my translation, I imagined that the speaker implied that restraint is the best way to forestall the spread of the maladies. By and by, I realized that there were other potential measures also. The way that I interfered with the speaker wrongly prompted my absence of tuning in. I wound up doing other stuff, perusing my telephone as opposed to tuning in to the speaker. There specific realities about the speaker’s message that I misjudged. Right off the bat, the speaker implied that among the numerous conceivable preventive procedures, restraint was the best. This doesn't imply that there are no different measures. Besides, restraint should the initial phase in guaranteeing we stop the spread of HIV/AIDS. Obviously the error contributed altogether to my failure to tune in to the speaker. In any case, there are specific methodologies that can help beat confusion as a boundary to viable tuning in. On the off chance that I could have utilized these techniques, at that point I would have effective conquered the issue of absence of tuning in. Building up the propensity for requesting

Cirque du Soleil - The Turkey Affair - Free Essay Example

Contents Context Business Model Industry Analysis Key drivers: Per Capita Disposable Income: Increasing Alternative Entertainment Options: Government Spending/Spur: Time spent on Leisure activities: Evaluating Turkey as a destination for Cirque du Soleil Factors of production: Demand Considerations: Related and Supported Industries: Firm structure, Strategy and Rivalry: Governmental Factor Recommendation Implementation timeline Appendices References . Context Towards the end of December 2008, Vice-President Tour Planning and Partnerships at Cirque du Soleil(CdS) is briefed by the director of partnership management about a proposal from potential Turkish promoters (Turkish Television and Entertainment Society and Ministry of Culture and Tourism of Turkey, in partnership with the City of Istanbul) to set up a show in Turkey. Given the fact that Cirque du Soleil had been proficiently capitalizing on its strengths to tour different countries around the world, Turkey sounded great but the location has to be analyzed based on different dimensions before a final decision is made. This paper would address the decision making framework by examining the rationales from the perspective of the decision maker the VP. Business Model Cirque Du Soleil has been a global leader in performing arts industry. It is based in Montreal, Canada and has been privately held since its inception. In 2008, Guy LalibertÃÆ' © à ¢Ã¢â€š ¬Ã¢â‚¬Å" the founder of the company sold a 20 percent share of the company to Dubai based partners. Cirque has been able to capture the audience attention through its unique acrobatic tasks. The notable growth at the same time remaining private is very difficult. CdS has a peculiar business model by virtue of which, CdS has been able to distinguish itself from traditional circuses and create a blue ocean à ¢Ã¢â€š ¬Ã¢â‚¬Å" a market of its own. CdS has been able to maintain the blue ocean with the help of innovation and creativity, diverse and talented performers (Appendix 2) and its ability to capitalize on the new and emerging international markets and trends. CdS performs various kinds of shows. It has touring shows à ¢Ã¢â€š ¬Ã¢â‚¬Å" the so called big tops which operate at various locati ons around the world. There are also arena shows which are also international but are fixed at the same location (Arena) for a period of time. Then, there are resident shows (operated in Partnership) that operate at a particular resort for a considerable period of time. The resort/location responsibility is of the partner. Touring shows are the legacy shows for Cirque du Soleil and have been a source of growth as well. Touring shows take place at various locations around the world with a tour lasting for a particular period of time in a city. Regarding costing structure, if CdS acts alone touring shows are costly as much as 50 M in costs, Arena shows are also about the same but the resident shows cost around 15-18 M in costs as a large portion of the expenses are borne by partner. The problem with the resident shows is that the partners who can invest in infrastructure are hard to find. There are three revenue collection/partnership methods(Appendix 3) for touring and arena shows: C irque act alone à ¢Ã¢â€š ¬Ã¢â‚¬Å" CdS pays for all the expenses on its own and all the revenue goes to CdS, Fixed price model à ¢Ã¢â€š ¬Ã¢â‚¬Å" the event promoter pays all the expenses of the location, logistics and marketing, CdS only invest in creative content creation (about 15 M), Rock and Roll model à ¢Ã¢â€š ¬Ã¢â‚¬Å" Cost borne by each party is deducted from the gross revenue and profit is divided as per a pre-determined criteria plus a typical 10 percent of the box office sales goes to royalty to the artists. Fixed Price model is least risky. Ministry of Culture and Tourism of Turkey is interested in a model wherein they will provide the location of Cirqueà ¢Ã¢â€š ¬Ã¢â€ž ¢s choice but CdS would have to act alone in terms of expenses. Turkish Television and Entertainment Society has indicated that there is no constraint on the revenue sharing modelà ¢Ã¢â€š ¬Ã¢â‚¬Å" either fixed price or Rock and roll model whereas the Ministry of Culture and Tourism is interested in only C dS act alone model. Industry Analysis Most of the revenue generation operations of Cirque du Soleil fall under the category of Performing arts industry. Performing arts industry consists of independent artists, contractual artists, entertainment/theme show companies and entertainment complex service companies. The revenue volatility measured for a five year period has been medium i.e. around 5-6 percent change in annual revenues. ( IBISWorld Industry Report 71151 Performers Creative Artists in the US) Key drivers: The performance arts industry depends on demand, the number and size of performances performed. Demand is dependent on the number of consumers, which further depends on the disposable household income, the economy as a whole and available leisure time (Performers Creative Artists in the US, 2013). Per Capita Disposable Income: Per capita disposable income is the major driver for performing arts industry. This income accounts for the in hand salary of people after the taxes. Since, this is an analysis of an international business situation disposable income is better dimension to take into account as compared to income before taxes because taxation policies in different countries are different. As the per capita disposable income increases, the likeliness of people to spend on the live entertainment shows also increases. Source: Britanny Carter Dec 2013, IBISWorld Industry Report 71151 Performers Creative Artists in the US Increasing Alternative Entertainment Options: Increasing alternative entertainment options such as music, theaters, concerts actual decreases the demand for the performing arts industry. This could be the case when the government is supporting these options or when there is significant increase in availability and a decrease in price of alternative entertainment options. Government Spending/Spur: When the government support to the alternative entertainment mediums increases and the growth for the performance arts industry actually decreases. The s upport could be in the form of investment, funding or creating supportive policies to curb the competing industry (Performing arts) and creating policies to spur alternative entertainment mediums. For Cirque du Soleil, this can be related to creating strict censorship policies or encouraging local cultural industry. Time spent on Leisure activities: As performing arts shows have a scheduled timings, hence there is a significant time investment as well from the customerà ¢Ã¢â€š ¬Ã¢â€ž ¢s perspective. An increase in the time spent on leisure activities could also lead to greater demand for performing arts industry. For CdS, leisure time availability can be analyzed in terms of number of tourists to a particular location on a leisure trip. Tourists are particularly more likely to spend time on entertainment/leisure sources. Evaluating Turkey as a destination for Cirque du Soleil According to Michael Porterà ¢Ã¢â€š ¬Ã¢â€ž ¢s model determinants of national advantage (Appendix 4), a firmà ¢Ã¢â€š ¬Ã¢â€ž ¢s international level strategy to invest at a particular oversees location can be evaluated on the basis of the following factors: Factors of production: These factors include inputs necessary to maintain the competitive advantage and compete at a particular location. The essence of CdS is maintained in its ability to innovate and create astonishing live performing arts shows. Thus, CdS is highly dependent on specialized labor and equipment which contribute to its competitive advantage. The specialized labor and equipment is hard to find in international locations but over the years of performing touring shows all over the world, CdS has been able to develop capabilities to capitalize on logistics2 and technology. The logistics would help to remove the constraint of labor and equipment availability and a partnership from a local organization (as per the p roposal) would further help to mitigate the risk of non/low availability of production inputs. The ability to capitalize technology3 (Online billing systems) would make the billing and revenue collection easier for CdS. Thus, factors of production would not be a concern for CdS. Demand Considerations: This factors includes consumer needs, market size, target segments, cost profitability analysis and industry success factors. As discussed in the Industry Analysis section, the demand is dependent on the market size, leisure time availability, and high disposable income which further depends on employment and economy as a whole. The GDP of Turkey is on a rising trend after the 2008 crisis. In 2009 Turkey had a per capita GDP of 7730.38 in US dollars which was comparatively better than some of the latest successfully toured locations such as China-24028 USD (2008) and Brazil-51219 USD (2008). In 2009, the average core inflation rate in Turkey was about 5.6510 percent signifying that the economy was doing great. The unemployment rate was quite low and in 2011 average monthly disposable income was around 80011 US dollars better off than a majority of the toured destinations of CdS. On top of that, the average income was even higher in Istanbul (Planned show location). We can assume that the average disposable income was approximately the same in 2009 as the GDP was quite constant. Moreover, according to global competiveness index report of 2009, Turkey is transitioning from an efficiency driven economy to innovation driven economy which implies that government is enabling market investments and ensuring smooth flow of goods and services. Speaking about the leisure time availability, in 2007 according to the Turkish ministry of Culture and Tourism 56.3 percent of the tourists came to Turkey came on a leisure trip. This adds to the demand as generated by the availability of leisure time. Further to add to this, the average expenditure per visitor in Turkey in the y ear 2008 was about 708 USD and average expenditure per citizen was about 1132 USD which further substantiates the demand factor. Related and Supported Industries: According to this factor the growth of supporting industries help to provide input demand for an industry. Tourism is a related and supportive industry taken into consideration. The touristà ¢Ã¢â€š ¬Ã¢â€ž ¢s expenditure in Turkey was around 5531.512 Mil USD in 2011 and there was slight increase from 2009 to 2011. The average hotel occupancy in 2009 were around 6512 percent. Turkey is a major tourist destination. According to global competiveness index 2009, Turkey has a domestic market size score rank of 15 and foreign market size score rank of 25 out of 133(world). In 2009, the tourism contributed 9.1 percent to the GDP. The upsurge in tourism gives way to the demand for Cirque du Soleil as well. Firm structure, Strategy and Rivalry: CdS have performed majority of its shows through a partnership. This helps to keep the company private as otherwise it is difficult to raise capital for international shows. A partnership is essential in sharing cost of the show and help to mitigate the risk of losses. Since, there is already a proposal from potential partners in Turkey, partnership would be best way to invest in Turkey. CdS can leverage its partnership to get essential monetary and real estate support for planning a location for its show and also get local expertise to plan the show content thereby avoiding any censorship issues à ¢Ã¢â€š ¬Ã¢â‚¬Å" Turkey being an Islamic country. The marketing and local governmental issues can also be kept at bay with a partner being involved. Moreover, this helps business expansion at the same time remaining private. This further ties back to their strategy to remain private in order to preserve their competitive advantage of creativity. In terms of competition, the level of operations at which Cirque operates, the barriers to entry are high. The major managerial recommendation would be to enter Turkey through a partnership. Governmental Factor: Recent reforms in fiscal and monetary policies coupled with Turkeyà ¢Ã¢â€š ¬Ã¢â€ž ¢s move towards EU have been helpful to fuel Foreign Direct Investments19. Regarding the taxation laws, the partnership could help to mitigate relevant taxation risks and the ease of getting money out of the country, as Turkey has high income taxation and low corporate taxes19 Recommendation: Based on the considerations as mentioned above, Turkey sounds like a great location for a show. The ideal way to mitigate risks would be to evaluate the partners and plan a short term touring show (15-30 days). A touring show with the fixed price formula would involve less hassles and also serve both as a risk mitigation as well as a business expansion endeavor. If Turkey provided above average returns and the partners are consistent with Cirqueà ¢Ã¢â€š ¬Ã¢â€ž ¢s policies, then Turkey could become a destination f or a permanent resident show. If Turkey does not provide the necessary returns, it would be easy to pull off as the show is for testing the Turkish waters with no strings attached. In terms of partner/promoter selection, the following is the recommended selection criteria: Is the partnership sustainable Maintenance of creative control with Cirque Potential costs and profit margin Social responsibility of potential partner(as per policies) Experience of promoter Turkish Television and Entertainment (TTE) Society is the largest media group in Turkey and has extensive experience in organizing events. Moreover, there are less restrictions on CdS in terms of creative control and business model as expressed by the proposal. According to the above analysis, TTE sounds a better strategic fit. Implementation timeline According to the analysis as described above, the best recommended timeline from a managerial perspective would be as shown: Note: So far Turkey has been a good source of revenue for CdS17 Appendices Turkey GDP https://www.tradingeconomics.com/turkey/gdp-per-capita Organizational Analysis SWOT Analysis Porterà ¢Ã¢â€š ¬Ã¢â€ž ¢s five forces PORTERà ¢Ã¢â€š ¬Ã¢â€ž ¢S FIVE (SIX) FORCES Rival Power Med Blue ocean turning slightly red, Unique and strong brand but rivals emerging, High fixed cost of production Supplier Power Med Artists and performers are core strength but with competition emerging and scale of operations increasing at large scale, retentively would be an issue. Still Cirque is a brand that most performers want to be associated with. Barriers to Entry High Difficult to gather capital/partners, strong brand identity of CdS, governmental regulations Buyer Power Low-Med Since, the substitutes are emerging buyer power is increasing. However, the pricing policy is constant still because of the high fixed costs Government Power Med Depends on location but partnership model mitigates the risk of governmental regulations Threat of Substitutes Low-Med There are other forms of performing arts emerging, less priced substitutes are growing Revenue collection methods Michael.E.Porter Determinants of National advantage Source: Hitt et al.à ¢Ã¢â€š ¬Ã¢â€ž ¢s (2008) Strategic Management: Competitiveness and Globalization References AtoZworldBusiness.com Marie-HÃÆ' ©lÃÆ' ¨ne Jobin and Jean Talbot Tour Planning at Cirque du Soleil https://sapinsider.wispubs.com/Assets/Case-Studies/2011/July/Cirque-Du-Soleil-Drives-Creativity-And-Expansion-With-SAP-Solutions A country has an absolute advantage when it is more efficient than any other country at producing a product ( https://info.wsj.com/college/glossary/intlbusiness.pdf) https://www.bbc.com/news/entertainment-arts-11569883 https://www.cirquedusoleil.com/en/about/global-citizenship/sustainable-development/partners.aspx https://www.kkr.com/sites/default/files/KKR_Insights_121129.pdf IBIS Performers Creative Artists in the US, 2013 https://faculty.tuck.dartmouth.edu/images/uploads/faculty/ron-adner/Cirque_du_Soleil.pdf https://www.tradingeconomics.com/china/gdp-per-capita https://www.tradingeconomics.com/brazil/gdp-per-capita https://www.tradingeconomics.com/turkey/core-inflation-rate https://www.turkstat.gov.tr/PreHaberBultenleri.do?id=10902 Ministry of Culture and Tourism, https://www.kultur.gov.tr/ https://knoema.com/atlas/Turkey/topics/Tourism/Travel-and-Tourism-Total-Contribution-to-GDP/Total-Contribution-to-GDP-Real-growth-percent https://www.gemconsortium.org/Model DTZ.com à ¢Ã¢â€š ¬Ã¢â‚¬Å" Turkey hotel market overview 2009 https://www.hurriyetdailynews.com/istanbul-a-brand-name-in-entertainment-sector.aspx?pageID=238nID=31126NewsCatID=383 https://www.todayszaman.com/arts-culture_cirque-du-soleil-set-for-first-ever-turkey-show-in-2011_228677.html https://www.atozworldbusiness.com/ https://www.weforum.org/pdf/GCR09/GCR20092010fullreport.pdf Ramon Casadesus-Masanell and Maxime Aucoin (2009), Cirque du Soleil The High-Wire Act of Building Sustainable Partnerships ibisworld.com.au BUEC 646 à ¢Ã¢â€š ¬Ã¢â‚¬Å" Cirque du Soleil Individual Project Page 1 of 14 Navjot Singh