Sector Analysis Essay Example | Topics and Well Written Essays - 1500 words

Sector Analysis - Essay Example This is a dangerous sign, and many companies try to continuously update and innovate their business models in order to achieve success in terms of profitability and growth. Sector analysis is one of the new innovations that are being used by corporations and managers. It is a spin-off from Financialization. Financialization can be described as a process whereby financial markets and organizations dictate the economic policy of a country. In other words, Financialization is process where financial elites dictate the business policies formulation by the government. (Froud et al. 2006) Sector matrix defines the activity horizon of a company. As a result, it is sometimes also called â€Å"activity matrix†. Sector matrix is nothing but a representation of overall finances or revenues of a company coming into the business from its various areas of operations. The matrix is based on modern business and financial thinking. The old way of thinking about the supply was to consider it th e function of technology and product. The supply can only be increased if there are significant improvements in the production technology. This concept soon become obsolete and the new way of thinking was developed which stated that firm as a whole should be considered on the basis of its business model and various sources of income. A business usually makes money from diverse sources of profits and, hence, all of these sources should be taken into account before the supply and demand function of a business can be determined. Similarly, the old thinking about the demand was about winning the nameplate competition. It was all about improving or differentiating the brand from other competing brands in order to generate demand and make sales. However, the new way of thinking demand is about capturing the expenditure that consumers spend on substitutes and encouraging a complement product in order to increase the overall revenue of the firm. (Bowman & Singh 1993) The differentiating fac tors of the sector matrix and supply chain industry are that related products or complements are demanded together, therefore, a firm can achieve great success and double its sales if it starts producing complementary products. It is also believed that the firm operates in a boundary or in a particular sector. For example, a firm producing motor cars can produce car lubricants or wheels, but it will not immediately start a healthcare business. Hence, business models have boundaries. Similarly, a firm will try to enter into new businesses to lever its profits and in doing so there are chances that it may attract competition that may follow a similar matrix as this firm. However, it must be remembered that no existing firm exists in a particular matrix before the entry of this firm. The sector matrix can be explained more aptly by using two examples from different industries. The first example is taken from the Car Manufacturing Business and the second example is from Healthcare Busin ess. The reason for choosing these two sectors is to determine the applicability of the model in service and goods sector. This approach will check whether or not the model can be used for both goods and service sectors or whether or not this model is applicable for only one sector. (Brigham & Ehrhardt 2010) Example 1: Figure1: Sector Matrix of Car Assembly Source: (Froud et al. 2006) The above diagram shows that a car manufacturer exists in the upper left corner. This is unrewarding business because the industry is saturate and there are enough cars in the market that many people tend to buy used cars. This leads to demand substitution and demand for the firm’s products goes down. This has resulted in declining revenue for car

Right Testicular Pain Case Study Example | Topics and Well Written Essays - 1000 words

Right Testicular Pain - Case Study Example Just as Brown-Guttovz (2007) states, to eradicate chances for misdiagnosis, I may have to: observe the patient’s gait and resting position; the natural position of the testis in the scrotal sac when the patient is standing; the presence or absence of cremasteric reflex; determine whether the swelling is reducible; check and compare the palpitation of the scrotum, scrotal contents of the affected Hemi scrotum against the affected Hemi scrotum; and analyze palpitations in the lower abdomen and the inguinal and cord canals.Nevertheless, from the foregoing, the absence of the cremasteric reflex make it clear that the patient is suffering from testicular torsion and not any other testicular conditions that are also accompanied with pain, The evaluation, diagnosis, and treatment of the patient is required and should be done very fast because if testicular torsion goes untreated for 6 hours, the affected testis may be lost. In this respect, blood tests will not be considered at this stage. Radionuclide scanning is very accurate but may not be applicable at this stage since time will be of the essence. In light of the recommendation put forth by Somani, Watson, and Townell (2010), Doppler tests may be used to identify the absence of the patient’s blood flow in the affected or twisted testicle. The Doppler ultrasound scan on the scrotum is 90% accurate in detecting testicular torsion and differentiating testicular torsion from other sources of testicular pain and complications such as epididymitis.