Answer final assignment Essay Example | Topics and Well Written Essays - 1750 words

Answer final assignment - Essay Example This leads to the ethical dilemma of deception, in which the participants are either not told about the study or are under a false impression. A serious problem can occur, if for example, things were to get serious between the confederate and the unsuspecting participant, and they were later to find out that it was all part of a social experiment. To study the actual effects of taking wine, certain variables, especially participant variables, need to be taken into consideration. The consumption of wine alone cannot be a factor for good health in this study. For accurate results, variables such as the age, gender, nationality, economic status, eating habits and lifestyle, exercise, past medical history, occupation, sexual history, and even the personality type need to be evaluated, as each of these participant variables can have significant effect on the health of the individual and, hence, on the result of the study. Only if all of these variables are more or less constant for the entire study group can the effect of the consumption of wine can be studied accurately. iii) Non-experimental method would be used as we are simply interested in finding out the relationship between the two variables and the way they effect each other, and are not interested in changing any variable. v) The operational definition for the size would be the number of people, and for the length it would be time. Therefore, size would be measured as the number of people in the meeting, and length as the number of minutes for which the meeting took place iii) Experimental method would be used as we are interested in manipulating one

Strategy, Business Information and Analysis Essay - 1

Strategy, Business Information and Analysis - Essay Example In particular, Porter has contributed mainly the following: five forces model (1980); generic competitive strategies of cost leadership, product differentiation, and focus (1980; 1985); competitive advantage (1985; 1987); four corners model (1980); value chain (1985); diamond model (1990), and market positioning strategies. Since Porter’s contributions have created a pervasive influence on business theory and practice, a lot of strategists from different fields have considered examining, recommending or applying his ideas. Nonetheless, given that his contributions have received widespread attention, it is the case that his ideas have been subject to criticisms. As a matter of fact, despite the fact that it made his 1980 book entitled â€Å"Competitive Strategy† the ninth most influential management book of the 20th history (Bedeian & Wren, 2001: 223), Porter’s five forces model received criticisms. In this regard, this paper delves mainly at critically analyzing and evaluating Michael Porter’s contribution to the field of strategic management. In order to give more focus and attention to the works of Porter to the strategic management area, this paper is limited to evaluating only three contributions. Basically, it aims at answering three points. First, it plans to look at Porter’s concept of competitive advantage. After analyzing the concept, second, this paper examines one of the specific types of strategies, his five forces model. The consideration of choosing this particular contribution is because of the fact that despite this model made his book the ninth most influential management book of 20th history, still, it received criticisms. Third, it also intends to assess his generic competitive strategies of cost leadership, product differentiation and focus. This work is selected because he considers such strategies to be generic. Meanwhile, the exigency to critically assess Porter’s contribution is because there is a need to understand why he has happened to be one of the most influential characters in the field of strategic management. This paper is of significance because it offers a deeper understanding of key concepts, ideas and debates in the said field. Likewise, the importance of this paper is that it can offer a critique of Porter’s work. To pursue the objective of this paper, this paper is structured in giving initially an overview of each contribution of Porter which is then followed by a particular critique of his work: competitive advantage, five forces model, and generic competitive strategies of cost leadership, product differentiation and focus. Lastly, it discusses the outcomes of this critical assessment. A Critical Assessment of Michael Porter’s Contribution to the Field of Strategic Management Overview of Competitive Advantage As a concept, competitive advantage is meant by Porter (1980) as a competence achieved via attributes as well as resources in order for higher level performance relative to