Competitive Position .

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• Competitive Position https://store.theartofservice.com/the-competitive-position- toolkit.html

Transcript of Competitive Position .

• Competitive Position

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Control chart Bibliography

1 Deming, W. E. (1982). Out of the Crisis: Quality, Productivity and

Competitive Position. ISBN 0-521-30553-5.

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Molecular nanotechnology - Benefits

1 Economic progress and military readiness in the 21st Century will

depend fundamentally on maintaining a competitive position in

nanotechnology.

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Innovation - Goals/failures

1 Programs of organizational innovation are typically tightly linked to organizational goals and objectives, to the business plan, and to market competitive positioning. One driver

for innovation programs in corporations is to achieve growth objectives. As Davila et al.

(2006) notes, "Companies cannot grow through cost reduction and reengineering alone... Innovation is the key element in

providing aggressive top-line growth, and for increasing bottom-line results."

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Quality management - Quality management evolution

1 He is probably best known for his management philosophy establishing quality, productivity, and competitive

position

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Eastman Kodak - History

1 From the company's founding by George Eastman in 1889, Kodak followed the razor and blades strategy of selling inexpensive cameras and making large margins from consumables — film, chemicals and paper. As late as 1976, Kodak commanded 90% of film sales and 85%

of camera sales in the U.S., according to a 2005 case study for Harvard Business School.

This seemingly unassailable competitive position would foster an unimaginative and

complacent corporate culture.

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Dow Chemical Company - Notes

1 "Dow Announces Plant Closures To Strengthen Competitive Position".

The Dow Chemical Co. 2006-08-31. Archived from the original on 2006-

10-19. Retrieved 2006-09-13.

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Marketing management - Structure

1 In competitor analysis, marketers build detailed profiles of each competitor in the

market, focusing especially on their relative competitive strengths and weaknesses

using SWOT analysis. Marketing managers will examine each competitor's cost

structure, sources of profits, resources and competencies, competitive positioning and product differentiation, degree of vertical

integration, historical responses to industry developments, and other factors.

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Marketing management - Structure

1 These five questions are how well the business’ current brand strategy is working, what are the company’s

established resource strengths and weaknesses, what are its external

opportunities and threats, how competitive are the business’ prices and costs, how

strong is the business’ competitive position in comparison to its competitors, and what

strategic issues are facing the business.

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Marketing management - Implementation planning

1 If the company has obtained an adequate understanding of the customer base and its

own competitive position in the industry, marketing managers are able to make their own key strategic decisions and develop a

marketing strategy designed to maximize the revenues and profits of the firm. The selected

strategy may aim for any of a variety of specific objectives, including optimizing short-

term unit margins, revenue growth, market share, long-term profitability, or other goals.

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Marketing management - Implementation planning

1 The marketing strategy the business has chosen, specifying the target segments to be pursued and the

competitive positioning to be achieved

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Pricing - Approaches

1 Pricing at the market level focuses on the competitive position of the price

in comparison to the value differential of the product to that of comparative competing products.

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ISO/IEC 27001:2005 - Asset Classification

1 RESTRICTED: The restricted level of asset information pertains to highly

sensitive information to the company; which when disclosed

would cause substantial damage to the reputation and competitive position of the company in the

market

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W. Edwards Deming - Later work in the U.S.

1 In 1982, Deming's book Quality, Productivity, and Competitive

Position was published by the MIT Center for Advanced Engineering,

and was renamed Out of the Crisis in 1986

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Benchmarking - Types

1 Performance benchmarking - allows the initiator firm to assess their

competitive position by comparing products and services with those of

target firms.

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History of Google - 2005

1 Microsoft had been touting its Bing search engine to counter Google's competitive

position

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Joint venture - Articles of Association

1 The Directors who are the electives of one major shareholder, may

present his/her view but this is not necessarily so - they may have to

view the Objectives of the Company and competitive position

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SWOT analysis - Internal and external factors

1 The external factors may include macroeconomic matters,

technological change, legislation, and sociocultural changes, as well as

changes in the marketplace or in competitive position. The results are often presented in the form of a Table

(information)|matrix.

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SWOT analysis - Marketing

1 In many competitor analyses, marketers build detailed profiles of each competitor in the

market, focusing especially on their relative competitive strengths and weaknesses using

SWOT analysis. Marketing managers will examine each competitor's cost structure,

sources of profits, resources and competencies, competitive positioning and product differentiation, degree of vertical

integration, historical responses to industry developments, and other factors.

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Strategic management - Competitive advantage

1 Quality, Productivity, and Competitive Position, MIT Center for Advanced Engineering, Cambridge

Mass., 1982

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1973 oil crisis - Immediate economic effects

1 On an international level, the price increases of petroleum disrupted

market systems in changing competitive positions

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1973 oil crisis - Immediate economic effects

1 A few months later, the crisis eased. The embargo was lifted in March

1974 after negotiations at the Washington Oil Summit, but the

effects of the energy crisis lingered on throughout the 1970s. The price

of energy continued increasing in the following year, amid the weakening competitive position of the dollar in

world markets.https://store.theartofservice.com/the-competitive-position-toolkit.html

Carbon tax - Norway

1 Some industry sectors have been granted exemptions from the tax to preserve their competitive position

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Destination marketing organization - Puerto Rico

1 With Sales Managers in San Juan, Chicago, New York, Nevada, and

Washington DC, and a Sales Representative in Madrid, Spain, the

Bureau strengthens Puerto Rico’s competitive position in the Americas and abroad by increasing awareness of the Island’s outstanding meeting facilities and services, and produces approximately $122 million to the

local economyhttps://store.theartofservice.com/the-competitive-position-toolkit.html

Porter hypothesis

1 In the first mover advantage, a company is able to exploit innovation by learning curve effects or patenting and attains a dominating competitive position compared to companies in

countries where environmental regulations were enforced much

later.

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Virginia Tech - Institute for Society, Culture, and Environment (ISCE)

1 ISCE seeks to strengthen the university's competitive position in

the social sciences, humanities, and the arts; applying Virginia Tech's technological know-how to social

issues and cultural opportunities; and providing support for grant writing and aligning faculty expertise with

funding sources

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Reverse logistics - Business implications

1 Rogers, 2002 Returns management — increasingly being recognized as affecting competitive positioning — provides an important link between

marketing and logistics

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Strategic information system - Gaining competitive advantage

1 There are many operational computer systems that have given

internal cost saving and other internal advantages, but they cannot be thought of as strategic until those savings can be translated to a better competitive position in the market.

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Strategic information system - Wiseman’s strategic perspective view

1 * Review the Company’s Competitive Position. Try to understand its

presents business position and its strategies.

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Financial Services Authority - Regulatory principles

1 * 'international character': Including the desirability of maintaining the

competitive position of the UK. The FSA takes into account the

international aspects of much financial business and the

competitive position of the UK. This involves co-operating with overseas

regulators, both to agree international standards and to

monitor global firms and markets effectively.

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Radio Shack - Corporate layoffs

1 Despite these actions, stock prices plummeted within what was otherwise a booming market. On August 10, 2006, RadioShack announced

plans to reduce its workforce at company headquarters by approximately 400 to 450

positions across its various support functions. Company officials said this action was necessary to reduce the company’s overhead expense and

improve its long-term competitive position in the marketplace while supporting a significantly

smaller number of stores.

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Technical intelligence

1 Given that scientific and technical information is an important part of a nation's competitive position in world

markets, STI blurs into 'economic intelligence', which is defined by the

U.S

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Quality improvement - 'Quality management evolution'

1 He is probably best known for his management philosophy establishing quality, productivity, and competitive

position

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Paradox (database) - Paradox for Windows

1 Paradox had historically competed against dBASE in some markets, and Paradox/W originally was designed to improve the competitive position in

the developer-oriented market

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Competitive intelligence - Recent trends

1 The former includes pre-trained statistical parsers that can discern elements key to establishing trends and evaluating competitive position

and responding appropriately

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Articles of Association (law) - Board meetings

1 The Directors who are the electives of one major shareholder, may

present his/her view but this is not necessarily so - they may have to

view the Objectives of the Company and competitive position

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Theory Z of Ouchi

1 Deming was awarded the Second Order of the Sacred Treasures by the

former Emperor Hirohito, and American businesses tried to use his Japanese approach to improve their

competitive position.

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Ahold - Strategy for profitable growth

1 As a result of this review, Ahold launched its strategy for profitable

growth focused on strengthening its retail competitive position,

particularly in the United States

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Bob Nardelli - Home Depot

1 Nardelli was credited with doubling the sales of the chain and improving its competitive

position

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Innovative - Goals/failures

1 Programs of organizational innovation are typically tightly linked

to organizational goals and objectives, to the business plan, and

to market competitiveness|competitive positioning

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Division of international labor comparisons - Statistical Reporting

1 ILC prepares internationally comparable labor indicators that can be used to assess economic and labor market performance of one country relative to that of other

countries and to evaluate the competitive position of different countries. The

comparisons primarily cover industrialized countries and increasingly also developing countries.[http://www.bls.gov/ilc/availability.htm Country Coverage], BLS ILC program

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Software reliability - Software quality according to Deming

1 Deming, Out of the crisis: quality,

productivity and competitive position

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ISO 27001:2005 - Asset Classification

1 'RESTRICTED:' The restricted level of asset information pertains to highly sensitive

information to the company; which when disclosed would cause substantial damage to the reputation and competitive position

of the company in the market. Its unauthorized disclosure could adversely impact its business, its shareholders, its business partners and/ or its customers,

leading to legal and financial repercussions and adverse public opinion.

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Cultural diversity - Opposition and support

1 Especially, with current process of global economics, people who owned

different perspectives on cultures stand at a more competitive position

in current world.

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Americanization - Visibility

1 investments is no longer lower production costs, faster economic growth, or higher profits in Europe,

but the desire to maintain a competitive position based largely on

American technological superiority

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Sainsbury's - Private equity takeover bid

1 He claimed the bid 'brought nothing to the business', and that high levels of debt would significantly weaken the company and its competitive position in the long-term, which would have an adverse effect on

Sainsbury's stakeholders.

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Creative competitive intelligence - Recent trends

1 The former includes pre-trained statistical parsers that can discern elements key to establishing trends and evaluating competitive position

and responding appropriately

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Eric von Hippel - Innovation strategies and lead user identification

1 He feels that the processes call for more scrutiny and that in turn their improvement can significantly affect the kinds of research problems that can be addressed, the efficiency and

speed with which RD can be performed, and the competitive

positions of firms employing them.Thomke, S., von Hippel, E.,

Franke, Rhttps://store.theartofservice.com/the-competitive-position-toolkit.html

Economy of Singapore - Sectors

1 To maintain its competitive position despite rising wages, the

government seeks to promote higher value-added activities in the

manufacturing and services sectors

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Pharmaceutical industry in the People's Republic of China - Foreign production

1 *Rhodia (company)|Rhodia is improving its competitive position in

analgesics by reinforcing its more cost-effective manufacturing

operations

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Google IPO - 2005

1 Microsoft had been touting its Bing search engine to counter Google's competitive

position

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Candy (company) - Acquisitions and sales

1 The offer widened to large appliances, whose competitive positioning is at the top of the

median band segment of the market

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Sotheby's - Activist investors

1 Ruprecht, called for a change in management, due to “the company's chronically weak operating margins

and deteriorating competitive position relative to Christie's, as

evidenced by each of the contemporary and modern art

evening sales over the last several years

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Sotheby's - Activist investors

1 Informing Sotheby’s formally on February 27, 2014, of its nomination of Loeb, Wilson, and

Reza as board candidates, Third Point commended Sotheby’s for having taking

certain actions that Third Point considered productive, but stated that “there remains much to be done to enhance” the firm’s

“competitive position, refocus its strategy, and boost stockholder value.” It was reported

in early March that Marcato would support Third Point’s nominees to the board.

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Diamond model - Porter's analysis

1 * 'Chance' events are occurrences that are outside of control of a firm. They are important because they

create discontinuities in which some gain competitive positions and some

lose.

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Porter's generic strategies - Variants on the Differentiation Strategy

1 The 'unlimited resources model' utilizes a large base of resources that allows an organisation to outlast competitors by practicing a differentiation strategy. An organisation with greater resources can

manage risk and sustain profits more easily than one with fewer resources. This provides a short-term advantage only. If a firm lacks the capacity for continual innovation, it will

not sustain its competitive position over time.

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Corporate strategy - Origins

1 The idea of strategy targeting particular industries and customers (i.e., competitive positions) with a

differentiated offering was a departure from the experience-curve influenced strategy paradigm, which

was focused on larger scale and lower cost

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Corporate strategy - Corporate strategy and portfolio theory

1 The concept of the corporation as a portfolio of business units, with each

plotted graphically based on its market share (a measure of its

competitive position relative to its peers) and industry growth rate (a

measure of industry attractiveness), was summarized in the growth–share

matrix developed by the Boston Consulting Group around 1970

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Corporate strategy - Corporate strategy and portfolio theory

1 While the popularity of portfolio theory has waxed and waned, the

key dimensions considered (industry attractiveness and competitive

position) remain central to strategy.

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Corporate strategy - Value chain

1 A robust competitive position cumulates from many activities

which should fit coherently together.[http://hbr.org/1996/11/what-is-

strategy/ar/1 Michael Porter-What is Strategy?-Harvard Business Review-

November 1996]

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Cunard Line

1 and the British Government provided Cunard with substantial loans and a

subsidy to build two Superliner (passenger ship)|superliners needed

to retain its competitive position

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Five economic tests

1 #What impact would entry into EMU have on the competitive position of

Economy of the United Kingdom#Financial intermediation|the UK's financial services industry,

particularly City of London#Economy|the City's wholesale banking|wholesale

markets?

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Dynamic capabilities - Overview

1 The basic assumption of the dynamic capabilities framework is that core competencies should be used to modify short-term competitive

positions that can be used to build longer-term competitive advantage

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Syndicated loan - The Syndications Process

1 The industry overview will be a description of the company’s

industry and competitive position relative to its industry peers.

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Barcelona metropolitan area - Polynuclear Urban Region

1 This is, however, not intended to happen at the cost of the global competitive position of

the present core area.[http://www.otb.tudelft.nl/fileadmin/Facul

teit/Onderzoeksinstituut_OTB/Onderzoek/Publicaties/Publicaties_van_1998_tot_nu/Publicaties_van_1998_tot_nu/2002/doc/

eurbanet_introduction__theoretical_framework.pdf EURBANET: Introduction Theoretical

Framework] - Delft University of Technology, 2002

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World Bowl - Venues as NFL Europe

1 The 2002 World Bowl was hosted in Rhein Fire home town of Düsseldorf as a farewell to

the old Rheinstadion. After the new LTU arena was completed, the 2005 World Bowl was hosted there again. It would return in 2006, as a first ever back to back WB site. As Fortuna Düsseldorf spent much of this time in lower tiers of the German soccer

pyramid, Düsseldorf was the rare NFL Europe city in which American football held an

arguably competitive position.

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Game tester - History

1 Most of the time the position of game tester is a highly stressful and

competitive position with little pay yet is highly sought after for it serves as a doorway into a rapidly growing

industry.

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Bursa Malaysia - History

1 On 14 April 2004, 'Kuala Lumpur Stock Exchange' was renamed 'Bursa Malaysia Berhad', following the demutualisation exercise, the purpose of which was to

enhance competitive position and to respond to global trends in the exchange sector by making themselves more customer-driven

and market-oriented. It consisted of a Main Board, a Second Board and MESDAQ with

total market capitalisation of MYR700 billion (US$189 billion).

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Budapest Stock Exchange - History

1 In April, 2000, after twelve years of operations as an independent legal

person, the new BSE Council decided to convert to a business association in order to maintain and strengthen

its competitive position.

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Budapest Stock Exchange - 1990–present: Rebirth

1 In April, 2000, after twelve years of operations as an independent legal person, the new BSE Council decided to convert to a business association in order to maintain and strengthen its competitive position. Effective 1 July 2002, the Budapest Stock Exchange Company Ltd. was set up (and from April 2006, as a Private Limited Company) and the BSE Council and BSE Secretariat were replaced by a Board of Directors and an

Executive Board.

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Innovative - Goals/failures

1 Programs of organizational innovation are typically tightly linked

to organizational goals and objectives, to the business plan, and

to Market (economics)|market competitiveness|competitive

positioning

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Political culture of Canada - Political cleavages

1 Eventually, Wilfrid Laurier|Sir Wilfrid Laurier was able to lead the Liberals

back to a competitive position in English Canada, but by the time of

the First World War, and the Conscription Crisis of 1917, Laurier again found himself in charge of a

Liberal Party limited to Quebec and a few other pockets

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CityFlyer Express - The ILG era

1 ILG's acquisition of Connectair therefore represented a golden

opportunity to substantially increase the number of slots the group's airlines controlled at Gatwick,

thereby strengthening Air Europe's competitive position at that airport.

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British Caledonian

1 A series of major setbacks during the 1980s as well as the airline's inability to grow to

the minimum size to become a viable Second Force as envisaged in the 1969

Edwards report led to increasing financial difficulties during the second half of that

decade. This was the time the airline began looking for a merger partner to improve its competitive position. In December 1987,

British Airways gained control of the airline.

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Air transportation in the United States - Passenger airlines

1 This system gives the predominant airline in a given airport a strong competitive position as it feeds

passengers to and from the hub, maximizing the number of passengers on each flight

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Powszechny Zakład Ubezpieczeń

1 'PZU Group' ('PZU') () is a leader on the insurance market and one of the

largest financial institutions in Poland. It is also one of the top

insurance groups in Central Europe|Central and Eastern Europe. The

main advantages of the Group concern the strong competitive

position, high level of equity and high effectiveness of business activity.

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Commodities Futures Modernization Act - Introduction

1 Although hailed by the PWG on the day of congressional passage as important legislation to allow the

United States to maintain its competitive position in the over-the-counter derivative markets, by 2001 the Enron scandal|collapse of Enron

brought public attention to the CFMA's treatment of energy

derivatives in the Enron Loopholehttps://store.theartofservice.com/the-competitive-position-toolkit.html

Commodities Futures Modernization Act - From H.R. 4541 to the CFMA

1 We hope that Congress will now pass this important legislation that will allow the United States to maintain its competitive position in this rapidly growing sector

by providing legal certainty and promoting innovation, transparency and efficiency in our financial markets.)

[http://www.treas.gov/press/releases/ls1073.htm Treasury Under Secretary for Domestic Finance Gary

Gensler Remarks to the Bond Market Association, New York, New York] (As the markets turn increasingly to swaps to take on some of the functions played by Treasury securities, it is ever more important to provide legal certainty for these OTC derivatives

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Right to Information Act - Information Exclusions

1 * Information including commercial confidence, trade secrets or

intellectual property, the disclosure of which would harm the competitive position of a third party, unless the

competent authority is satisfied that larger public interest warrants the

disclosure of such information;

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Euromed Management – School of Management and Business - Timeline

1 2003: In June, in order to reflect its competitive positioning, the School changes

its name.

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Americanisation - Visibility

1 investments is no longer lower production costs, faster economic growth, or higher profits in Europe,

but the desire to maintain a competitive position based largely on

American technological superiority

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National High Magnetic Field Laboratory - Proposal and award

1 The goal was to maintain the competitive position of the United States in magnet-related research

and development

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Panama Canal expansion project - Competition

1 The proposal states that strengthening the canal's

competitive position will allow it to accommodate demand and serve its

customers

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Scott Pelley - CBS Evening News

1 The broadcast finished the 2012-2013 season in its closest

competitive position to second place in 18 years.

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History of Cardiff - City and capital city status

1 However, it recovered and was one of the few cities (outside London) where population grew during the

1990s.http://sticerd.lse.ac.uk/dps/case/cbcb/census1.pdf During this period the Cardiff Bay Development

Corporation was promoting the Urban renewal|redevelopment of south Cardiff; an evaluation of the

regeneration of Cardiff Bay published in 2004 concluded that the project had reinforced the

competitive position of Cardiff and contributed to a massive improvement in the quality of the built

environment, although it had failed to attract the major inward investors originally anticipated.Esys Consulting

Ltd, Evaluation of Regeneration in Cardiff Bay

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Denver Sheriff Department - History

1 Later the position of director of corrections and undersheriff was created and was a competitive position under the city's career

service authority

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Cardiff Bay Development Corporation - Achievements

1 An evaluation of the regeneration of Cardiff Bay published in 2004 concluded that the

project had reinforced the competitive position of Cardiff and contributed to a

massive improvement in the quality of the built environment. However, the regeneration project had been less successful in generating employment. The evaluation concluded that

the overall outcome, while representing a major achievement and massive step forward,

falls short of the original vision.

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Guyana Sugar Corporation - History

1 Rising production costs after nationalization, along with falling world sugar prices since the late

1970s, placed Guyana in an increasingly uncompetitive position

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Democratic Party (United States) presidential primaries, 2000 - Primary race overview

1 Although both Gore and Bradley showed comparable success in terms

of fund-raising, Bradley lagged behind Gore in many polls from the

start and never gained a competitive position

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