Comm210_week04fall2010_1

Comm210_week04fall2010_1 - Objectives for today Objectives...

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bjectives for today Objectives for today nderstand how companies can maintain Understand how companies can maintain long term competitive advantage e able to state ajor concepts in Porter’s Be able to state major concepts in Porter s theory and find examples of them i t i l thi ki t i fi di d Critical thinking: Practice finding and presenting your own evidence for a claim
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What kind of company would you like to work for? ? 8% ig all big 55% small 37%
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Why I want to work for a small firm… learning/growth % challenge % 9% chance of success 7% 7% feel like my decisions matter 16% mily bus other 9% more personal 3% own boss family bus 7% 33% 12%
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hy I want to work for a big firm… Why I want to work for a big firm… security 10% rganization travel 5% to gain experience 10% Salary & benefits 14% organization 7% status 10% climbing corporate ladder/opportunit y other 9% challenges 8% easy 5% expertise 15% 7%
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Canadian economy still suffers Small business chief economist says it will take time to return to normal The Canadian economy still has a long way to go before things are "back to normal," ccording to Ted allett vice resident and chief economist of the Canadian Federation of according to Ted Mallett, vice president and chief economist of the Canadian Federation of Independent Business (CFIB). … …The CFIB also released a report this week entitled A Peek at the Trough, which showed small business and small firms fared best at supporting total employment in the private sector during the recession. The report showed that while large and medium sized enterprises lost between 5.6 and 5.9 per cent of their payrolls, companies employing fewer than 50 people saw a decline of just of two per cent. " mall firms have always outperformed large and mid zed enterprises during Small firms have always outperformed large and mid sized enterprises during recessions," Mallett said. "Between the adaptability inherent in their firm's smaller size and the heightened value associated with each employee's role, most small business owners only turn to layoffs as a last resort. They are a stabilizing force in the economy.“
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Comm210_week04fall2010_1 - Objectives for today Objectives...

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