With a strong Canadian economy and a higher influx of business travelers, particularly from the US, flight demands will continue to rise. The business expansions from the US into the Canadian market place (retail and finance at the forefront) make it particularly attractive for frequent business travel with such close geographic proximity. These factors combined with lower governmental regulations then other places in the world make it attractive for new entrants to take the risk of launching into the pool. If a new entrant is able to break into the market offering lower rates then it could pose a significant threat to an already competitive pool. Porter airlines can be an example of how a niche small airline can come into a competitive market and steal market share from a dominant national like Air Canada.
Cineplex Inc. Cineplex Inc. is an integrated entertainment company, which accounts for a great share of the marketplace in Canada. Cineplex focuses primarily on motion picture distribution. The company has been committed to bringing convenience to customers in their entertainment life through a variety of services including theatrical exhibition, food services, online sale of home entertainment content, etc. Industry, regulatory &other external factors Industry Trends Revenue generated from theatre exhibition is a main component of Cineplex’s income. However, Box office revenues in the Canada decreased by 2.5% in 2013 (2013 annual report).
I think that Sung should advertise its brand in a different, efficient, and effective way in Ontario and create a new strategy for the Prairies markets. Sung needs to invest some of his time studying the reason of why people in Ontario are not buying his product by doing the marketing research process. The case clearly states that as soon as someone tries their product, brand recognition is created, just because 70 percent of them repurchased the product. Bran non-recognition could be one of the reasons of why Guard does not have a lot of sales, compared to the other deodorant soaps. The promotion money should be allocated in all other regions, such as the Maritimes, Prairies, Alberta, and British Columbia.
Briefly explain the benefit of and hurdles of Maple Group and TMX merger moves. In 14th May, 2011, Maple Group Acquisition Corp joint to acquire TMX as the competitor by LSE by 2.8 billion Canadian dollars. However, in 20th May, 2011, the acquisition offer was rejected by TMX with reason of “not reasonable”. The terms of acquisition are not better than what are provided by LSE. As consider the acquisition requirement by Maple Group will affect the majority ownership of TMX, Wayne Fox, the director of TMX said merger with LSE also was the better choice than with Maple Group.
Furthermore, if the new entrants want to succeed in this industry, they have to spend almost one fifth of sales on advertising and promotions for introducing a new product. 2. Why have private labels been able to enter this industry successfully? In cases of private labels, I believe they have been able to enter this industry successfully due to numerous reasons. First of all, private labels provide more profit from margins to retailers, meaning sellers want to promote private labels more than others.
Despite the differences with these “foreigners” Canada needed people. They needed people to work the farmland in the prairies, work in mining, forestry and factory positions and to build the nation of Canada. Gradually as immigration was increasing racial fears were starting to develop and anti-immigration was on the rise. Many people feared these “foreigners” took many jobs from native born citizens. Also, many social problems were created.
With all the facts showing how much the decriminalization of marijuana would help benefit individuals, society and the government it is unclear as to why there are prohibitions put in place against the use of marijuana. It would be an overall great profit if marijuana were made legalized because it is such a growing industry that is not going to leave. Marijuana benefits individuals with serious and fatal illnesses and when compared to tobacco and alcohol it has less harsh health risks. There is no reason why marijuana should be illegal in Canada and it would only help benefit the majority of people if it were declared legal. As marijuana is a large part of Canadian society the issue needs to be addressed with an open
Executive Summary: Canada and the United States are two major trading companies dealing with Under Armour and Lululemon Athletica. By analyzing each of the company’s financial profiles, a smart decision would be to invest in Lululemon Athletica. Reasons being that this company is so rare in the type of clothing they sell and as one can see in the financial analysis this company started off small but is continuously growing a fast rate. Under Armour is a major company and it looks like it is pretty successful and constant. This could also lead to a problem in the future because what happens once the competition catches up to Under Armour their profile starts to fluctuate and could result in potential decreases in revenue.
Privatisation is the selling of public sector assets to the private sector in order to introduce competition and improve market efficiency. One argument for privatisation is that private companies are incentivised by profit by cutting costs and producing more efficiently. If you work for a government run industry, managers do not usually share in any profits. However, in private firms managers will usually receive a share of the profits motivating them to work harder, and as they are interested in making profit they are more likely to cut business costs and aim to be more efficient. Since privatisation, companies such as BT, and British Airways have shown degrees of improved efficiency and higher profitability due to the competitiveness within their respective industries.
My business aim is to link these two age groups together through my business and at the same time making profit for myself; in consequence, my business will focus on the second-hand market, especially the second-hand cars. My competitors are other companies which are also selling second-hand products in Canada, for example “autotrader.ca” is a website that can offer different kind of second-hand products (especially used car) for consumers. Unlike the “baby boomers”, “echo boomers” mostly focus on the price of goods and service due to their restricted fund. What’s more, “echo boomers” are now the largest age group in Canada; their demands for second- hand goods are much higher than other generations; therefore, in Canada, the demand for second-hand products has increased. One research shows that, second-hand car market showing no signs of slowdown in North America.