TASHFIQ AHMED

1811828630
MID 2 (MGT489.2)

ANSWER TO Q. NO: 1

Network Effect: In businesses where the size of the "Network" of integral products is a vital determinant
of interest for an industry's item, network effects happen.

Presently, in the event that we consider PlayStation, it just backings video games CD's that are just made
by its parent brand, Sony. So now, if a video game provider needs to be a contender of Sony, it should do
things like-

• Video game provider can do collaboration with a gaming console organization where the reassure
will uphold the provider's computer game.
• Through the Joint Venture, the combined organization should offer console and cd less
expensive than PlayStation.
• This will spur an interest on the market.
• The new consolidated item will likewise make a publicity on the market.
• They should offer sales promotion and b2b motivations so every one of the retailers who keep
PlayStation in their shop, additionally keep the new consolidated console.
• The cost of both console and gaming disc should be sensible and modest than Sony items.
• All new assortment of games should be put in all shops where the new console is sold.
• Superior marketing approaches will be required prior to setting the item on the lookout.

Other than this procedure, there is one more. That is:

• In the event that the provider turns into the direct seller. That implies, instead of offering supply
to all retailers, he can sell without help from anyone else at a sensible cost so the interest of the
cds continue to raise and he can do his business without any problem.
Through these approaches, a video game supplier can without much of a stretch become contender of
main products brand.

ANSWER TO THE QUESTION NO. 2

Marginal Costs are the expenses of each extra unit of supply. Assembling extra units while an industrial
facility is at full limit, for instance, will require additional time pay. In specific cases, marginal damages
are insignificant. Take, for instance, Netflix. Marginal costs may at first decay because of economies of
scale, yet as volumes develop, they will at last develop. Most economic models, then again, expect that
marginal costs develop as amount increments. Similarly, as customers experience lessening marginal
utility, yield creating organizations get more beneficial worth from their first creation units to
assembling. Moreover, coming about yield inputs bring about lower marginal productivity
improvements.

Netflix can help its profitability by adding more movies/series in their collection. These additional
movies will help Netflix pay as they are getting cash from their crowds. Thus, slow expansion will require
benefit ascending than spending. Netflix will keep on adding motion pictures as long as the overall
revenue surpasses the cost of their base consumption. The conviction that marginal costs are rising
supports our model. On the off chance that qualities stay unaltered, the expense of delivering the
following item will unavoidably surpass the marginal income pay (benefit) of the following unit. Until
they hit this stage, organizations will expand their efficiency.

ANSWER TO THE QUESTION NO. 3

In the course of the most recent couple of many years, Bangladesh's apparel industry has assumed an
essential part in the country's colossal economic development. The country's future economic
development relies upon the achievement and continuation of certain mechanical areas for trade drove
development. This examination evaluated the business' worldwide competitiveness considering the
significance of a fare drove economic growth strategy. Michael Porter's Diamond Model of National
Rivalry is a key logical apparatus for deciding the underlying foundations of competition.

A SWOT investigation is performed to distinguish future dangers just as basic achievement drivers for
the business' proceeded with commitment. A blended stage approach was utilized to investigate the
examination issues.

Auxiliary writing was gathered to get a more noteworthy comprehension of the current economy, for
the most part as government and private area overviews and records. In spite of an absence of good
interest in the homegrown Market, Bangladesh's apparel industry appeared to be cutthroat in the four
principle national diamond estimations. The other three primary measurements—factor conditions,
related and help ventures, and business methodology, association, and contention—all added to
Bangladesh's Apparel Industry's turn of events and gave the impetus to the nation to accomplish a
Global Competitive Edge. Notwithstanding certain drawbacks, like an absence of profoundly prepared
mid-level clothing subject matter experts, lacking assets, and R&D tasks defects, the presence of an
enormous untalented labor force, topographical areas, and equivalent offices went about as wellsprings
of competitive advantage under factor conditions. An enormous number of in reverse linkage knitwear
organizations contributed decidedly to rivalry in related and support enterprises, however industry
respondents referred to the shortfall of very much created bunches as an insufficiency comparable to
different nations. On account of industry arranging, coordination, and intensity, subcontracting to
rebellious industrial facilities and an absence of institutional R&D (e.g., the shortfall of a joint e-stage)
were recognized as wellsprings of competitive advantage. The discoveries propose that the constructive
outcomes of the gainful factors in those three measurements (factor conditions, related and help
economies, and rivalry guideline, association, and contention) were nearly more prominent than the
adverse consequences, and that they add to competitive edge.

ANSWER TO THE QUESTION NO. 4

E-COMMERCE
As E-Commerce spreads and procures new firms, they should know about the opposition they will look
in new nations including India, China, and USA. The cutthroat scene in these business sectors will move
after some time, and convincing numerous clients to move from various nearby brands will be testing.
The principal point of the global strategic planning process is to lead long-term internal and external
analysis.

Factors:

• Motivate the executive management team to plan needs for the entire organization, including
all branches.
• Permit top executives to pick and choose a corporate design that they are alright with. We
accept that a top-down approach would be best for the organization later on with regards to
global and authoritative procedure planning. Nonetheless, the organization ought to endeavor
to regard the suppositions and perspectives on workers at all levels, but since of the
organization's size and various components, senior management should settle on choices that
are better for the organization overall. On the off chance that E-Commerce follows this course,
they will actually want to go on with their mergers, acquisitions, and diversification Strategies
more successfully. They should take a gander at more current districts for possible
collaborations and get a more prominent perspective available, which would be more valuable if
the organization utilizes an adjustment technique later on. Online business, as recently said,
ought to adjust their value focuses, publicizing, and special practices to adjust the various
business sectors all throughout the planet, while watching out for both internal and external
patterns. Besides, the organization will rely upon advancements and R&D to gain by global-scale
strategies like separation, as it depends on strategic and business-level strategies.

ANSWER TO THE QUESTION NO. 5

At the point when an organization seeks after a vertical integration approach, it enters new supply chain
divisions. This methodology can be truly enticing on the grounds that an organization's suppliers or
consumers have a lot of influence over it and are misusing it to make more benefits to the detriment of
the organization. Through purchasing the supplier or buyer, executives may lessen or take out the
supplier's or buyer's impact absurd. While considering vertical integration with regards to Porter's five
forces model, clearly such moves would help benefit potential. vertical integration can be sought after
all alone, as Hyundai did when it opened stores bearing its name, regardless of whether by a merger or
acquisition. As anyone who has at any point taken an economics course will bear witness to, the
automotive industry is essentially established on the idea of vertical integration—that is, one Company
dealing with all manufacturing and as a large part of the supply chain that prompts the plant floor as
could really be expected. The Big Three North American automakers have disposed of this idea because
of global issues and different components. However, it was a business paradigm that assisted them with
overseeing creation costs, guarantee a consistent supply of parts, and create competitive independence
in the beginning of the industry. Executives should continually guarantee the company's performance in
the market, given the dynamic dynamics in the automotive industry, the acceleration of cost and value
requests, and the always present need to improve designing profitability. This perspective anxieties the
significance of management considering rethinking to keep a business competitive. In the automotive
industry, external assembly service providers are regularly utilized, and the form to arrange idea accepts
this pattern. Reevaluating competency has a danger related with it, as does re-appropriating limit.

Managers in the customer-focused automotive industry should have a decent perspective on

outsourcing and the vulnerabilities related with it to profit by it. As an outcome, this section
methodically assesses the advantages and perils of outsourcing center and supporting exercises in the
automotive industry. Besides, to offer a brief investigation and assessment of hypothetical outsourcing
perspectives, the examination draws on various hypothetical viewpoints.