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#1-5 solucionario chopra administracion cadena suministro y conclusiones del caso. This case study is about managing a chain of retail stores to maximize revenue. The focus is on the operational strategy, product mix, and human resource management at the high-volume chain of retail stores in Mexico City. The case study introduces the challenges that can be associated with running a high-volume retail chain, as well as the solutions used by them to overcome these challenges to increase revenue and reduce expenses much faster than their competitors. These solutions were implemented to increase performance in terms of profitability. It is also important to consider ethical issues such as: respect for the environment, workplace violence and the law, and preserving the value of public institutions #6-7 chopra administracion cadena suministro y conclusiones del caso. This case study is about managing a chain of retail stores to maximize revenue. The focus is on the operational strategy, product mix, and human resource management at the high-volume chain of retail stores in Mexico City. The case study introduces the challenges that can be associated with running a high-volume retail chain, as well as the solutions used by them to overcome these challenges to increase revenue and reduce expenses much faster than their competitors. These solutions were implemented to increase performance in terms of profitability. It is also important to consider ethical issues such as: respect for the environment, workplace violence and the law, and preserving the value of public institutions. The Porters Five Forces Model created by Michael Porter is an effective tool for analyzing an organization’s competition in its industry. The model provides a framework that allows the analyst to easily identify potential external factors which may affect an organization in terms of its ROA (return on assets). It is crucial for companies/firms in an industry to interact with other firms in their industry because it can help them make decisions about what strategies they should follow in order to increase their competitive advantage within that industry. Thus, firms can create a positive competitive environment and derive profitable outcomes that would help them grow and thrive in the industry. The Porter Five Forces Model: Michael Porter believes that there exists five forces that affect every firm and an industry, namely: competitors, suppliers, buyers, substitute products and new entrants. These forces must be analyzed carefully by all participants in business as it helps them to understand why they are acting as such and can also help them determine how to manage their business better. The model is based on the study of competition among players in an industry as well as their strengths, weaknesses and capabilities; suppliers; customers; substitutes; barriers to entry; and new entrants (the company who is currently not part of this industry). The model is designed to help the analyst determine the strength of the industry and also to help see what strategies an industry can follow in order to increase its competitive advantage. The importance of analyzing the market, understanding the different players within it and their capabilities, and their strengths and weaknesses. This will help companies figure out if they should enter a market or not and if they should compete in that market or not. Competitors: Competitors in an industry can be grouped into two categories: direct competitors and indirect competitors. These two categories are differentiated by whether they directly compete for customers; if they do, then their businesses can be compared by analyzing units sold such as units sold (UPS). cfa1e77820
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