to establish 3,114-km-long bicycle trails.
The government planned to build 1,296-km-long bicycle trails near around 4-river construction sites as one of the nation-driven policy.
Expected Result
Cycle Competition
for Some
Domestic
Outdoor Festival
for Everyone
Asian No.1
Cycle Festival
Course Design on 4 Rivers
Multi-Operation
Diverse Sponsorship for Scale
Aggressive Promotion
1. With which of the international competitors listed in the case is it most interesting to compare Inditex’s financial results? Why? What do comparisons indicate about Inditex’s relative operating economics? Its relative capital efficiency?
GAP H&M Benetton Inditex
ROIC -0.15% 24.16% 11.20% 27.24%
Return on sales -0.06% 9.60% 7.05% 10.46%
COGS/sales 7
1.1. Market Foreclosure
What is market foreclosure?
By merging with one of its potential customers, input supplier effectively removes that the firm's purchases of the input from the open market(vice versa)
(Source: A NOTE ON VERTICAL MARKET FORECLOSURE, Roger D. Blair, James M. Fesmire and Richard E. Romano*)
for example,
Thus, market foreclosure results in
1. Lessened competiti
competition among automobile companies. Automotive industry growth in North America is mature enough to rely on. Whether it can go back to previous ‘Moderate’ stage of competition is depends on emerging hybrid car market and economic recovery.
2) The Potential Entry of New Competitors
The barriers to enter the automotive industry are substantial. For a new company, the startup capit
competitive advantage within a particular competitive scope. By applying these strengths, three generic strategies are resulted: cost leadership, differentiation and focus. The strategies used by the company include cost leadership, differentiation strategy and focused differentiation.
In the case of Ryanair, cost leadership, differentiation strategy, and focus-differentiation strategy has be