Describe the genesis of risk (the market requires different product or inability of the factors of production) for the YouTube videos you discussed in Blog 3
The genesis of risk for a distillery that makes absinthe comes from the fact that absinthe is a product that doesn't change so therefore can't respond to the market environment change. This means that the main problem would probably be the fact that the product would no longer be able to satisfy the customers' needs, especially after all this flow of information going on about the dangers coming from drinking alcohol (especially hard ones). Then, the reduced market demand would create problems for the firm making absinthe.
Drinkable water firms produce primary resource for humans so that the genesis of risk is quite inexistent. They might face competitors in the market for the better quality of production and for better advertisement of brands of drinkable water so that people might choose one instead of the other depending on their preferences. Basically drinkable water is a product that can't be obsolete but the firms could face competitors just in the way of production.
The genesis of risk in the making of hot-dogs might be, in the future, the shortage of the types of meats used to produce them and, maybe, the changing in the people's taste.
While, in the making of Lego the genesis of risk could be, overall, the possible change in the kids' taste for toys. In fact, children in a few years might prefer a similar kind of toy produced by another company. But also, as in the precedent case, the scarcity of plastic in a late tomorrow. Moreover, this company may stop finding new forms in which rearrange the bricks and that might seem redundant to customers that would, maybe, stop buying Lego.
So cheese is really consumable among the nations and we can say that there are plenty kinds of cheese that people can easily find their favorite kind. As it was stated in the video, the most important factor in producing the cheese is milk. Thus, the quality of milk plays significant role in the productive combination process. In this case the genesis of risk in making cheese definently would vary over time depending on the different texture of the milk, the careful control of humidity, temperature and oxygen levels to nurture the cheese to maturity and,certainly, peoples' taste.
The Genesis of the risks in "how its made- hot dogs" are: - people can demand a better quality of meat. - people can demand another types of meat or production of one type of meat. - people can demand adding or removing type of flavors or ingredients. - the current equipment can be too old or less efficient. - competitors that will use in higher level of ingredients. - competitors that will lower prices in order to raise the sales.
-"How is made wine" The genesis of the risk of producing wine is very low. It is true that people needs change over time but the wine is surely one of the most appreciate products in the world. The main problem could be the fact that the weather conditions change constantly and grapes, which are the main wine's factor of production, can grow up only in temperate climate.
How it's made olive oil I think that the olive oil is a fundamental product in every kitchen all around the world ,especially in Italy. The risk for a company that produce olive oil is that people taste can change very fastly and maybe for one year your company is the best in the production of olive oil but the year after another company will produce a better olive oil in customers opinion . The oil firm can also have an increasing of prices because of the scarcity of olive's plants and this could represent another risk for the firm.
For firms that produce clothespins the risk could be very high: it is difficult to make this product innovative and competitive for the market. Even if clothespins are always useful, the spread of technological and speeder dryers on the global market can replace definitively the use of clothespins.
firms that produce pasta i think that have a lower risk because the taste is the same approximately for all types of pasta but can change only the shapes. Some characteristics of taste can change maybe from firm to firm for example Barilla maintains cookin better than Divella.
The genesis of risk with making pencils might mainly be that the customers prefer propelling pencils or pens, as the industry grows and evolves ordinary pencils keep staying at the bottom as the fundamental idea. They could also face competitors in the market that make better quality products that last longer.
How is made chewing gum: The risk in chewinggum making business could be the tendency of people to change their taste. Nowadays, the trend of healthy food and bio snacks is influentiating everybody, therefore chewinggums may be seen as un healthy and not appreciated anymore. Moreover, since it is a quite simple product, difficult to improve or change, the market can get tired of the initial product, risking business failure.
The genesis of risk in producing Nutella starts when Pietro Ferrero invests a part of his money in selling something never tested. People could want other things to eat,or the market could be wrong...He couldn't know what Nutella would become! I think that the r. in producing Nutella is very low because it's an azienda that run this business since about fifty years and people love so much the chocolate,and they will probably love it forever.In addiction, this azienda plays also on its own name,that is very powerful in the international market. On the other hand if we would like to think an hypothetical risk it could come from the not healthy ingredients and people could want anymore it,asking for a product much more healthy from the nutritional point of view. In this case if Nutella will remain rigid in front of the challenge,and the managers will not change a parte of these ingredients in the market,it probably will fail. This is an example of inability of factors of production and also of different requests of the market,that bring to the failure of a business entity.(But,does Nutella's taste remain the same without these not-healthy ingredients?).
The genesis of risk in producing Nutella starts when Pietro Ferrero invests a part of his money in selling something never tested. People could want other things to eat,or the market could be wrong...He couldn't know what Nutella would become! I think that the r. in producing Nutella is very low because it's an azienda that run this business since about fifty years and people love so much the chocolate,and they will probably love it forever.In addiction, this azienda plays also on its own name,that is very powerful in the international market. On the other hand if we would like to think an hypothetical risk it could come from the not healthy ingredients and people could want anymore it,asking for a product much more healthy from the nutritional point of view. In this case if Nutella will remain rigid in front of the challenge,and the managers will not change a parte of these ingredients in the market,it probably will fail. This is an example of inability of factors of production and also of different requests of the market,that bring to the failure of a business entity.(But,does Nutella's taste remain the same without these not-healthy ingredients?).
How is made honey The genesis of the risk in this case could start when the owner invests his money in buying all the equipment but bees die or do not produce honey because some disease of flowers. Moreover, there could be other brands which produce a higher quality of honey and have a better poduction process, more efficient and effective.
The genesis of risk in how cars are made is very high, there are many variables to be considered. Being competitive in the market could depend on little attributes that make one product better instead of another. When we talk about cars, technologies are fundamental but also machineries used in order to assembly cars and estetic are very important. Each company have to invest in a clever way in these fields to be competitive in the market.
How is made books Since nowadays, in our new and modern society, the way in which people read has completely changed, there are some risks in the production of books. In fact, the new tablets in which we can download how many books we want, represent a dangerous rival for classic book producers. Moreover, the production process of books is entirely made by machines and that's why the inability of one of this factor of production would be a great problem. (Risk)
The genesis of risk for the apple juice is: -There is a lot of kinds of apple juices so why will the costumer will decided to buy my apple juice instead of the others. - People won’t love the taste of the apple that im producing juice from them. -The restaurants that I would like to provide them apple juice are already work with company. ---People will not love the name of my company. -That my factory will damage the environment. - My juice not in high quality
The genesis of risk in producing frozen fruit could be several. Even if, nowadays, a lot of people have started to care about being healthy and eating good food, frozen fruit is still something that cannot be compared to the teenagers enthusiasm of eating fast food from McDonald, Burger King, In-N-out burger... Furthermore, we are not in America, where people have to be careful and control all the ingredients of their food in order not to gain weight. In Fact they are used to make a lot of home made smoothies, fruit salads, using frozen fruit, in order to feel healthy and to get fit. In Italy, we have such good fruit and we don't really need to buy frozen fruit, because we can make our smoothies using fresh fruit instead of the frozen one.
The genesis of risk for hot dogs maybe people wants another test or different types of ingredients, machinery equipment will be less efficient, other compititors low priced hot dogs. Human capital maybe go agenist the owner to increase there salary.
The genesis of risk for the firm, who deals with gold, could be that, because of the economic crisis, "buy gold" shops are developing and expanding and so they could take the control of the gold's market, as they can sell gold with better prices. So, the risk could be that mining companies can't compete with the prices of "recycled" gold.
-How is made pencils. The genesis of risk for the German company that produces pencils nowadays is really low, since a product as a pencil is almost necessary in all day life. The risk can rise when pencil's utility is substituted by something else. Therefore the risk lies in the fact that with the development of technologies in our lives, pencils won't be needed anymore since everything will be written digitally. Nowadays this possibility seems to be minimal, but in few decades this hypothesis could become more plausible. Anyway, the production of the pencils is already reinforced, so except for competitions from other pencil companies, this German firm can stand without excessive worries.
The risk for the industries that produce blackboards can be the so-called "obsolescence risk". Indeed, digital blackboards are spreading faster and faster in schools and universities. Traditional blackboards can be completely substituted by those new smart products, whom capture more efficiently the attention of the students and, moreover, offer a direct internet connection. Probably, in the future old-style blackboards will disappear from schools.
How pasta is made The genesis of risk for an industry of pasta are very low. Pasta is eaten in every part of the world. The only problem that could appear is the big competition between various company. But I think that once you convince the customer to buy your product, because of the quality of your product, it is hard to lose it.
How is made Baseball The genesis of the risk for companies that produce baseballs is almost non-existent. Baseballs animate a great number of matches, especially in the USA, and they are fundamental in order to play baseball. Companies that produce baseballs might face competitors that are different in the way of production (better quality, widespread advertisement of brand..) but there is no danger for baseballs to be obsolete.
The genesis of risk for industrial beer is probably the growing use of drinking artigianal beers - nowadays young people like to have a chat with their friends while sipping a high-quality beer. Another risk could be brought by the healthy lifestyle model that is spreading all over the world (and it doesn't include the consumption of alcohol)
The genesis of risk of producing ketchup is quite low because ketchup is an unique product,which cannot be replaced or imitated. Anyway since there is a growing interest in a healthy lifestyle,people could prefer other seasonings ,for example home-made sauces which certainly are heathier that ketchup,that is full of bad preservatives.
In the making-process of paper there are many risks, mainly because the handmade sector is going to disappear because of the new and faster technologies. The possible risks are: 1) The market asks for different types of paper (industrial paper is cheaper and can be purchased in large quantities). 2) “Obsolescence risk”- the factors of production could be not adequate for the productive process, the production process is too long and involves many costs. 3) The risk is that people will not buy handmade paper because of the high prices and, by consequence, the firm will not be able to enumerate the factors of production.
- There are lots of competitors in the beer field, so at first i must make sure that my beer is competitive Because the high rate of alcohol in the beer could create problems under the legal aspect (i.e if someone gets sick after drinking a beer) Since I’m in direct contact with raw materials, I’ve got to be careful to choose the ones with better quality Since I operate with a lot of machineries I must be careful to operate in a safe and friendly behavior environmentally wise I have, even if narrow, that the government will decide to prohibit the sale of alcohol products (i.e 21st amendment that lasted for about a decade during the 20’s)
During the activity of the factory Lego discards a huge quantity of defined or flawed pieces without trying to recycle or re-introducting them in the production. This huge waste displays an enormous amount of useless costs. Overmore the final part of the production related to the creative process is very slow and includes many boffins and specialized softwares which slow down the production raising too many costs. Finally there's another aspect that we have to consider: the home-entertainment market is changing and nowadays people and especially childs (whom are the main target as customers of the company) prefers to have fun with tablet, smartphones and videogames than toys like Lego's products. That's why the company tried to attack this domain of the market launching games for consoles or apps without having in return a good feedback by the customers.
The genesis of the risk of honey is that honey is a natural substance which also has a sweet taste and very expensive to get the quality type of it. Most people don't bye honey but buy sugar which is a chemical substance used just in the same way honey is used, though it's not as nutritious at honey but all but have similar taste and the cost is very low here by giving opportunities to low income earner to buy.
The genesis of the risk of honey is that honey is a natural substance which also has a sweet taste and very expensive to get the quality type of it. Most people don't bye honey but buy sugar which is a chemical substance used just in the same way honey is used, though it's not as nutritious at honey but all but have similar taste and the cost is very low here by giving opportunities to low income earner to buy.
The genesis of the risk of honey is that honey is a natural substance which also has a sweet taste and very expensive to get the quality type of it. Most people don't bye honey but buy sugar which is a chemical substance used just in the same way honey is used, though it's not as nutritious at honey but all but have similar taste and the cost is very low here by giving opportunities to low income earner to buy.
How is made nuts The genesis of risk for nuts is probably the fact that there are many ways to produce them so the production should be always innovative with many types of fruits or other ingredients. People could get bored of the same type of nuts. Therefore the company should offer new ways to produce them.
The genesis of the risk for the production of hot dogs could be: - The customers ask for other kind of meat of for other flavors - The machinery and equipment are obsolete or less efficient so there's an obsolence risk that influences the production.
the market requires different product or inability of the factors of production
- Honey raised blood sugar less than dextrose and sucrose (glucose and fructose) It still did raise blood sugar, just not as much. And also, honey reduced C-reactive protein ……and so on… The main point is the price of honey is reasonable that’s why it is so popular. However, if any product have a same function or the piece is cheaper than honey in market. People will not require our product. - In additional, we need many of bees in our product. If any disease or infection had happened in bees, our once of factors would be broken.
How to make Chinese dumpling .the biggest problem is that the raw materials and human resources. Because of the special dumplings this food led him to demand fresh ingredients and will not appear damaged during the freezing process. And traditional production dumplings need to be more human, if the missing human link, then the whole process will be a huge impact.
How is made honey In this case the genesis of the risk could start in case of some disease of the bees and if the climate changes. On the other hand, there could be new potential competitors which sell the honey to a lower price or could sell a higher qualitity of honey.
The risk for Exxon could be a slow shift from fossil fuel linked sources of energy to renewable one. Then there is the problem of government regulation since in the oil industry there are going to be always more rules to follow to protect the environment with the risk of having often the need to change the factors of production.
The genesis of the risk for a company that makes pasta starts when the money is invested. When this general factor of production is transformed into specific factors of production (raw materials, machineries, buildings) it is not possible for the firm to know if, in a certain period, money will raise from the horizon line, granting a net positive income. There are many unknowns, and for example the firm could risk to operate in a market where pasta is not appreciated, or where there is a strong competition against companies that already obtained the trust of customers. Other variables have to be considered: the firm could purchase a wrong combination of factors, achieving an inefficient production; the variety of shapes of pasta produced, could not to be enough to satisfy the needs of demanding customers. Some competitors may offer a certified quality for their products, making them more attractive. There are many risks to not remunerate money from the factors of production purchased.
There may be risk in honey production and marketing Bees should not be killed because they are helpful to crop production. People can demand a better qualities honey. Honey is a natural substance. It should be preserved in proper temperature otherwise it may be crystallized to glucose and fructose. Removing wax from honey should be done very carefully.
The risk of the fireworks industry mainly is represented by a changing environment in which a part of people is trying to convince in not using these product due to their impact on the environment and on animals. Moreover another risk comes from the innovation of fireworks in the competition with other competitors, fireworks must be always more amazing and complex in order to surprise who is going to see them.
The genesis of risk for a company that produces computers could be the innovation of the market (so the more technological know-how of the competitors) not followed by an innovation of the company. It could also be a bad choose of the high managers and the wrong investements (that are very frequent in this sector) so the lost of financing resources. One clear example of this is the italian company "Olivetti"
The genesis of risk for the production of German Beer is the fact that this product doesn't change so it cannot follow the market environment change. This means that if the customers has a different demand for a particular product, this production cannot satisfy their needs because the beer production decades after decades, is never changed.
For 142 years, the world’s leading hot sauce has used the same formula for its “original red sauce.” The McIlhenny Company still soaks the peppers in secondhand white oak bourbon barrels, as the company has always done. While the peppers are now grown in various locations around the world, the final product is aged on Avery Island, Louisiana, where the family-owned company has been based since 1868. The packaging hasn’t changed much, either. Tabasco still comes in 2-ounce bottles, each with the iconic triangular label. Today, there are plenty of small gourmet competitors, but Tabasco holds an estimated 20 to 25 percent market share. The product sells in 165 countries, and carries labels printed in 20 languages. Forty percent of McIlhenny’s sales comes from international markets.The company has plans to expand in China and Eastern Europe. So while other products may change, Tabasco remains an original – and that’s what makes this brand hotter than ever, without any risk, except that a bad environment may be harmful for the peppers .
The genesis of risk for a company like coca cola is poor supply.It could also be a bad choose of the high managers and the wrong investements (that are very frequent in this sector) so the lost of financing resources.
the genesis of the risk in producing ketchup is very law because ketchup is a worldwide product used by everyone . Its unique taste makes it undefeatable in the market and there isn't a real substitute which could jeopardize its selling. The only slight chance of risk is that in recent times the interest in a healthy lifestyle has increased and customers may prefer other types of healthier sauces to it.
The Movable Field Irrigation System is something that all big farms and organizations that are producing or will produce food need to have in order to water their crops. Water for the plantations is fundamental, the genesis of risk in producing these irrigation systems is the innovation for what concern the method of irrigation, so a possible change in the structure of the irrigation system causing a change in the use of some machineries in the organization.
The Movable Field Irrigation System is something that all big farms and organizations that are producing or will produce food need to have in order to water their crops. Water for the plantations is fundamental, the genesis of risk in producing these irrigation systems is the innovation for what concern the method of irrigation, so a possible change in the structure of the irrigation system causing a change in the use of some machineries in the organization.
The genesis of risk for a factory that produces bowling balls is not very high. Since they are not something replaceable, the only risk concerns the game of bowling; it can happen that it will not be popular any more in the future and so there will not be the necessity of bowling balls to be produced. Nevertheless a risk can arise when there are more competitors that produce bowling balls: one brand can be able to meet players' needs better than another or offer the same product at a lower price.
How is made honey the genesis of the risk is always born to the moment when a general factor of production (like money) is converted into specific ones (like hives or machinery). the risk in making the honey can be that of changing environment and/or changing customs, since the fact that honey has been used for such a lot of centuries it may be subjected to changements in people's tastes and wants.
Risk in the wine world. -Satisfy the desires of costumer in a changing environment -Competitors
Producing wine is a very important investment, because you have to invest lot of money buying machineries, equipment and the most important aspect,the planting of vineyards. The investments will least for many years; the entrepreneur, before starting the business, has to know perfectly the market of wine, for this reason, he/her, invests money in research, to find what are the consumer desires and which is the variety that can satisfy them. The world of wine, is continuously changing and good entrepreneur has find new strategies (Organic agriculture, Biodynamic...) that can guarantee an advantages on the others competitors
The highest risks for Marshmallow cookies are: - entrants of competitors -demand of more flavors
As the environment and community continues to change and different competitors are entering the market industry, Marshmallow companies(regarding this company) have to continue the innovation on their products(e.g. trying new flavors) and have to continue improvements with the production(increasing efficiency and effectiveness).
The genesis of risks for a company that produces lipsticks could be that the product doesn't update with the trends of the fashion in which they are strictly related in terms of colors. The risk is also given by the great competition that there currently is among the various companies that produce cosmetics, so it's very important to find a good compromise between quality and price. Another risk could be the toxicity of the product that can come from a wrong choice of raw materials used for the production of cosmetics found in the market.
The Genesis of the risks in making hot dogs are that people might require the addition or the removal of flavor in the meat, they might demand a higher quality of the meat used, they might require particular kind of meat instead of the mix nowadays used, and the company might have to face the lower down of the prices of other competitors and the problem of machinery that troughout time becomes obsolete.
The genesis of the risk for the WILSON factory is that its activity depends mainly on just one buyer, which is the NFL. If one day the NFL goes bankrupt, the factory will lose its main customer and it will risk to fail. Thus, also not being able to update the footballs to the market's demand could represent a problem in the future.
For an organization which produces glass blocks, risks that could arise can depend on the fact that since glass is very fragile, it could break during its transportation to shops, making the product made useless. Also if people start changing taste about the stylish look of the glass blocks and choose not to include them in the house they are building, the glass block market could easily fall, and its organizations go bankrupt.
Bubble gum is a product which is very required all over the world. An organization that produces bubble gum could incur into the risk of seeing its product (and so the investement) to definitely set over the horizon line. This could happen, for example, because the organization doesn't use up-to-date raw material, or because it is not good in understanding what customers want (flavour, size, etc.). Another reason could be that in the future new substitute products for the bubble gum will be created, which the customers will like better.
The genesis of risk for the production of copy paper could be several. The first risk could be met in the moment in which we decide to invest in this kind of production, because is not sure that our business will be able to satisfy human needs; but another risk that we could met in particular nowadays is the fact that in order to the wide growth of electronic world, people do not use anymore paper to write on.
Blackboards are standard products used mainly due their large availability, low price, and even cultural reasons in less advanced countries where their lack of educational capital. However now due to the growing trends in technology, projectors and tv screens are starting to replace blackboards in more advanced countries, where such products are available at an affordable price. However overall I think that the Obsolescence risk for blackboards is low since the product is not largely influenced by technological advancements in less developed countries even considering the growth in technology, hence in my opinion there will always be constant demand for standard and basic products such as blackboards that are essential to education.
In a world where most of the food products are artificially made, with chemical substances, people will look more and more only for healthy products. This includes also cocoa, in fact nowadays there is few cocoa because we used to use it too much in the past, and now the real cocoa is being substituted by chemical substances that give the same taste of chocolate. This is a big risk for Nutella, in fact, if it wants to remain as big as it is, offering their products at such a low price, it will probably be forced to use chemical flavours. But, as I already said, people is starting to search only for healthy products, so other companies, such as Novi or others, can have big advantages thanks to the fact that, even if the price is higher, the product will be more healthy.
The genesis of risk of making hot dogs are the ingredients that make up hot dogs. Many of this ingredients if not all, are processed ingredients which people now days are trying not to eat. Hot dogs could be done without some ingredients such as corn syrup because there are better ingredients in the market that can replace this ingredient. Another risk is that other companies can come up with better hot dogs made with healthier ingredients with good prices.
The first risk of making acoustic guitars arises when there is the investement of money by the shareholder, like in every company. Moreover the market of guitars is a wide market because are involved several brands. It is certainly true to say that the market is also ruled by two brands Fender and Gibson and their rivalry doesn't leave room to other companies.
The genesis of the risk of the OJ's production is related to oranges' cultivation. The problem could arise when there are climatic, unexpected changements, or when the orange quality is not so much good. These risks mainly fall on the farmer. There is also another kind of risk, the risk of unsold. The reasons here can be that there are better products on the market or that products are not sold before the expiry date. These ones, on the contrary, mainly fall on the factory owners.
The genesis of the risk for the production of baseballs comes from the fact that the machineries could will become obsolete,or some factors of production are useless due to modernization. Meanwhile the demand of prodcuction of baseball doesn't ever fall down because it is an essential element for playing Baseball. ON the other hand companies could face with competitors.
The genesis of the risk for the production of baseballs comes from the fact that the machineries could will become obsolete,or some factors of production are useless due to modernization. Meanwhile the demand of prodcuction of baseball doesn't ever fall down because it is an essential element for playing Baseball. ON the other hand companies could face with competitors.
Coca cola was born in 1886 and from that year to those days , this brand has overcome all kind of risks. Obviously risks can always arise . For example the birth of a new rival brand or the chemical ingredients which could start to be dangerous for people's health.
The genesis of the risk in producing sugar comes from the possibility that beets may grow less since human beings are making everything more and more artificial, polluting everywhere, and it may have an impact on them. Also the current rise of substitute products like sweeteners can generate a risk.
The genesis of the risk in producing soap comes from the threat of competitors on the field and the substitute and less expensive products that can arise on the market.
The genesis of the risk in producing mannequins comes from the fact that the machineries could will become obsolete,or some factors of production are useless. So regarding the competitors it can become more efficient and able to produce in a better way and at a lower price.
The main risk for a firm, which produces electric guitar is associated with the fact that the music production process is changing quickly, the younger generations are more interested in the electronic music, than in the music made with real instruments. Therefore this kind of firm have to move with the times.
The genesis of the risk in surfboards industry is especially related to the quality of the surfboard, and to the trends of market. Of course is extremely important to realize high quality surfboards to not face the risk of failure, but the focus should be also on understanding what people really look for in a surfboard. Its colours, the images printed on it, and also the brand, in a product like this could make a huge difference, and these have to be considered as needs to satisfy in realizing a surfboard.
the major risk that stainless-steel market could face in my opinion is that it cannot be more innovative, it cannot evolve or get better... stainless-steel remains stainless-steel. however, nowadays is still largely used, but of course the world of materials is in constant evolution. so the risk it could face would be the entrance in the market of a competitor mterial.
HOW IT'S MADE- PAINTBALLS The risk for the paintballs starts, obviously, when money is invested in labour, facilities, ingredients. As we know the transformation process is always the same, while the people's tastes change fastly: here the second risk. Other risks coud be: poor marketing, no financing investor, ignore what costumer want, sell a product that is made with toxic ingredients saving money (destroy value) and, of course, the competitors.
The genesis of the risk for a company that produces fruit yogurt could depend on the choice of the customers, indeed they could choose to follow an healthy diet eating fresh fruit, that of course contains less calories than yogurt, in which apart from jam is added also milk and cream. But of course the risk could depend also by the competition, other yogurt companies could produce better products, using higher quality of fruit or ingredients. Therefore it's always necessary for a company to examine itself, in order to try to be the best as it can, compared to the competitors.
One of the risks that Lego might face is related to whether or not the plastic used in them is recyclable or if it is harmful to the environment. The company shares that its bricks are made with #7 plastic, which is classified as “other” plastic. Many plastic toys fall into this category, and they are all tough to recycle. There are a few places that take #7 plastic through curbside recycling programs, including Davis, California, and Binghamton, New York. Customers would need to check with their local/national waste disposal service whether it is in use. If not, then Lego faces the risk to pollute the environment.
How it's made- Wigs: The genesis' of a risk in this production are many. Firstly, the competitors nowadays are several and many times their process involves technological machineries that allow more production in less time compared to the handmade one. Moreover, even if the quality of the latter is assured and certainly higher, mostly what the costumer seeks is a medium quality with a low prize. Indeed, the product will not meet the costumer’s desire and destined to lead to an ineffectiveness of the production.
The genesis of risk is that producing the shoes,there are many competitors in production of shoes,they also care about the satisfaction and the comforts of the customers,the differences in prices,the changes in preference of the product of the customer and the quality makes a great risk,the changes in the climate and environment also makes risk.
The genesis of risk for the Lego's firm might concern the designers employed by the organization. Lego has to show innovation year by year to its customers and not producing new stimulating ideas for new types of toys would be a huge risk for the incomes of the organization. Another important problem that Lego could face could be about the materials used for the components of their products that can become unsafe for someone or judged environmentally disrespectful.
The genesis of the risk for iPhone starts when Apple invested money in raw materials, in glass displays, in hardware components. Thus when money go below the horizon line.This happens because needs of people change constantly and if the iPhone doesn’t satisfy them, they will buy a competitor’s Phone.
The genesis of risk in this business is high because the business of carved candle is not very popular and the demand for this kind of product is not high since they are expensive and interest only to a particular kind of costumer. In fact the market of carved candle is not a global market but it is an independent market since it can be considered as a craft product.
The risks for fruit flavored yogurt are that of obsolence as well as that of competitors and that of lowering the hygiene of the property (which will damage the quality of the product) and lowering the quality of the product by trying to reduce the amount of ingredients.
The most consistent risk inherent to kitchen knives may be the pressure coming from competitors, considering the variety of products and the diversity of usable materials.
How is made honey.. the employees were using an old technology,and some part of operations were manual. MAybe a new competitor might think for a new ttechnology that collects faster the honey from the frame, and this can create an advantage, or maybe a new competitor gives the same product at a higher quality or a lower price...
The possible risks in the industry of playing cards making, is first of all the chance of losing the popularity . Meaning, there is this chance that in the future, new games and new hobbies get the attention of the majority and afterwards, cards would lose their location in the market. But, considering the usage and popularity of card games all around the world, in small and big quantities , this risk is very low. on the other hand , because the demand for this product is high in the world, the risk of the foundation of new competitors in the market is quite high.
During the activity of the factory Lego discards a huge quantity of defined or flawed pieces without trying to recycle or re-introducting them in the production. This huge waste displays an enormous amount of useless costs. Overmore the final part of the production related to the creative process is very slow and includes many boffins and specialized softwares which slow down the production raising too many costs. Finally there's another aspect that we have to consider: the home-entertainment market is changing and nowadays people and especially childs (whom are the main target as customers of the company) prefers to have fun with tablet, smartphones and videogames than toys like Lego's products. That's why the company tried to attack this domain of the market launching games for consoles or apps without having in return a good feedback by the customers.
The main risk for a firm producing bubble-gum is related to the obsolence, which means that processes and machineries used in the production process are obsolete and therefore no more competitive on the market.
The genesis of risk in producing golfballs, might be the need for lighter golfball due to better performance in golf games and so the need for a different material and this could lead to higher costs for the primary input. Or as the bouncy rubber is bought externally, producers of these material could raise prices and this could be a risk for the factory.
The genesis of risk of "producing laptop keyboard" is its size for convenience of the writer. There are also some things like flexibility of bearing and touching. People also demand comfortable thumb size keys. Another demand is multi-functional keyboard like programmable and configurable laptop keyboard regarding the upgrade technology.
How is made Olive oil The genesis risk for the Olive oil industry is that it has many competitors. Olive oil can be substitute with vegetable oil, which is much cheaper. This leads to less demand. Other threat that has a huge impact on the Olive oil industry is the regulations for producing olive oil.
The genesis of risk for a distillery that makes absinthe comes from the fact that absinthe is a product that doesn't change so therefore can't respond to the market environment change. This means that the main problem would probably be the fact that the product would no longer be able to satisfy the customers' needs, especially after all this flow of information going on about the dangers coming from drinking alcohol (especially hard ones). Then, the reduced market demand would create problems for the firm making absinthe.
ReplyDeleteDrinkable water firms produce primary resource for humans so that the genesis of risk is quite inexistent. They might face competitors in the market for the better quality of production and for better advertisement of brands of drinkable water so that people might choose one instead of the other depending on their preferences. Basically drinkable water is a product that can't be obsolete but the firms could face competitors just in the way of production.
ReplyDeleteThe genesis of risk in the making of hot-dogs might be, in the future, the shortage of the types of meats used to produce them and, maybe, the changing in the people's taste.
ReplyDeleteWhile, in the making of Lego the genesis of risk could be, overall, the possible change in the kids' taste for toys. In fact, children in a few years might prefer a similar kind of toy produced by another company. But also, as in the precedent case, the scarcity of plastic in a late tomorrow. Moreover, this company may stop finding new forms in which rearrange the bricks and that might seem redundant to customers that would, maybe, stop buying Lego.
So cheese is really consumable among the nations and we can say that there are plenty kinds of cheese that people can easily find their favorite kind. As it was stated in the video, the most important factor in producing the cheese is milk. Thus, the quality of milk plays significant role in the productive combination process. In this case the genesis of risk in making cheese definently would vary over time depending on the different texture of the milk, the careful control of humidity, temperature and oxygen levels to nurture the cheese to maturity and,certainly, peoples' taste.
ReplyDeleteThe Genesis of the risks in "how its made- hot dogs" are:
ReplyDelete- people can demand a better quality of meat.
- people can demand another types of meat or production of one type of meat.
- people can demand adding or removing type of flavors or ingredients.
- the current equipment can be too old or less efficient.
- competitors that will use in higher level of ingredients.
- competitors that will lower prices in order to raise the sales.
-"How is made wine"
ReplyDeleteThe genesis of the risk of producing wine is very low. It is true that people needs change over time but the wine is surely one of the most appreciate products in the world. The main problem could be the fact that the weather conditions change constantly and grapes, which are the main wine's factor of production, can grow up only in temperate climate.
How it's made olive oil
ReplyDeleteI think that the olive oil is a fundamental product in every kitchen all around the world ,especially in Italy. The risk for a company that produce olive oil is that people taste can change very fastly and maybe for one year your company is the best in the production of olive oil but the year after another company will produce a better olive oil in customers opinion . The oil firm can also have an increasing of prices because of the scarcity of olive's plants and this could represent another risk for the firm.
For firms that produce clothespins the risk could be very high: it is difficult to make this product innovative and competitive for the market. Even if clothespins are always useful, the spread of technological and speeder dryers on the global market can replace definitively the use of clothespins.
ReplyDeletefirms that produce pasta i think that have a lower risk because the taste is the same approximately for all types of pasta but can change only the shapes. Some characteristics of taste can change maybe from firm to firm for example Barilla maintains cookin better than Divella.
ReplyDeleteThe genesis of risk with making pencils might mainly be that the customers prefer propelling pencils or pens, as the industry grows and evolves ordinary pencils keep staying at the bottom as the fundamental idea. They could also face competitors in the market that make better quality products that last longer.
ReplyDeleteHow is made chewing gum:
ReplyDeleteThe risk in chewinggum making business could be the tendency of people to change their taste. Nowadays, the trend of healthy food and bio snacks is influentiating everybody, therefore chewinggums may be seen as un healthy and not appreciated anymore.
Moreover, since it is a quite simple product, difficult to improve or change, the market can get tired of the initial product, risking business failure.
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ReplyDeleteThe genesis of risk in producing Nutella starts when Pietro Ferrero invests a part of his money in selling something never tested. People could want other things to eat,or the market could be wrong...He couldn't know what Nutella would become! I think that the r. in producing Nutella is very low because it's an azienda that run this business since about fifty years and people love so much the chocolate,and they will probably love it forever.In addiction, this azienda plays also on its own name,that is very powerful in the international market. On the other hand if we would like to think an hypothetical risk it could come from the not healthy ingredients and people could want anymore it,asking for a product much more healthy from the nutritional point of view. In this case if Nutella will remain rigid in front of the challenge,and the managers will not change a parte of these ingredients in the market,it probably will fail. This is an example of inability of factors of production and also of different requests of the market,that bring to the failure of a business entity.(But,does Nutella's taste remain the same without these not-healthy ingredients?).
ReplyDeleteThe genesis of risk in producing Nutella starts when Pietro Ferrero invests a part of his money in selling something never tested. People could want other things to eat,or the market could be wrong...He couldn't know what Nutella would become! I think that the r. in producing Nutella is very low because it's an azienda that run this business since about fifty years and people love so much the chocolate,and they will probably love it forever.In addiction, this azienda plays also on its own name,that is very powerful in the international market. On the other hand if we would like to think an hypothetical risk it could come from the not healthy ingredients and people could want anymore it,asking for a product much more healthy from the nutritional point of view. In this case if Nutella will remain rigid in front of the challenge,and the managers will not change a parte of these ingredients in the market,it probably will fail. This is an example of inability of factors of production and also of different requests of the market,that bring to the failure of a business entity.(But,does Nutella's taste remain the same without these not-healthy ingredients?).
ReplyDeleteHow is made honey
ReplyDeleteThe genesis of the risk in this case could start when the owner invests his money in buying all the equipment but bees die or do not produce honey because some disease of flowers.
Moreover, there could be other brands which produce a higher quality of honey and have a better poduction process, more efficient and effective.
The genesis of risk in how cars are made is very high, there are many variables to be considered. Being competitive in the market could depend on little attributes that make one product better instead of another. When we talk about cars, technologies are fundamental but also machineries used in order to assembly cars and estetic are very important. Each company have to invest in a clever way in these fields to be competitive in the market.
ReplyDeleteHow is made books
ReplyDeleteSince nowadays, in our new and modern society, the way in which people read has completely changed, there are some risks in the production of books. In fact, the new tablets in which we can download how many books we want, represent a dangerous rival for classic book producers.
Moreover, the production process of books is entirely made by machines and that's why the inability of one of this factor of production would be a great problem. (Risk)
The genesis of risk for the apple juice is:
ReplyDelete-There is a lot of kinds of apple juices so why will the costumer will decided to buy my apple juice instead of the others.
- People won’t love the taste of the apple that im producing juice from them.
-The restaurants that I would like to provide them apple juice are already work with company. ---People will not love the name of my company.
-That my factory will damage the environment.
- My juice not in high quality
The genesis of risk in producing frozen fruit could be several.
ReplyDeleteEven if, nowadays, a lot of people have started to care about being healthy and eating good food, frozen fruit is still something that cannot be compared to the teenagers enthusiasm of eating fast food from McDonald, Burger King, In-N-out burger...
Furthermore, we are not in America, where people have to be careful and control all the ingredients of their food in order not to gain weight.
In Fact they are used to make a lot of home made smoothies, fruit salads, using frozen fruit, in order to feel healthy and to get fit.
In Italy, we have such good fruit and we don't really need to buy frozen fruit, because we can make our smoothies using fresh fruit instead of the frozen one.
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ReplyDeleteThe genesis of risk for hot dogs maybe people wants another test or different types of ingredients, machinery equipment will be less efficient, other compititors low priced hot dogs.
ReplyDeleteHuman capital maybe go agenist the owner to increase there salary.
The genesis of risk for the firm, who deals with gold, could be that, because of the economic crisis, "buy gold" shops are developing and expanding and so they could take the control of the gold's market, as they can sell gold with better prices. So, the risk could be that mining companies can't compete with the prices of "recycled" gold.
ReplyDelete-How is made pencils.
ReplyDeleteThe genesis of risk for the German company that produces pencils nowadays is really low, since a product as a pencil is almost necessary in all day life. The risk can rise when pencil's utility is substituted by something else. Therefore the risk lies in the fact that with the development of technologies in our lives, pencils won't be needed anymore since everything will be written digitally. Nowadays this possibility seems to be minimal, but in few decades this hypothesis could become more plausible. Anyway, the production of the pencils is already reinforced, so except for competitions from other pencil companies, this German firm can stand without excessive worries.
"How it's made blackboard"
ReplyDeleteThe risk for the industries that produce blackboards can be the so-called "obsolescence risk". Indeed, digital blackboards are spreading faster and faster in schools and universities. Traditional blackboards can be completely substituted by those new smart products, whom capture more efficiently the attention of the students and, moreover, offer a direct internet connection. Probably, in the future old-style blackboards will disappear from schools.
How pasta is made
ReplyDeleteThe genesis of risk for an industry of pasta are very low. Pasta is eaten in every part of the world. The only problem that could appear is the big competition between various company. But I think that once you convince the customer to buy your product, because of the quality of your product, it is hard to lose it.
How is made Baseball
ReplyDeleteThe genesis of the risk for companies that produce baseballs is almost non-existent. Baseballs animate a great number of matches, especially in the USA, and they are fundamental in order to play baseball. Companies that produce baseballs might face competitors that are different in the way of production (better quality, widespread advertisement of brand..) but there is no danger for baseballs to be obsolete.
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ReplyDeleteThe genesis of risk for industrial beer is probably the growing use of drinking artigianal beers - nowadays young people like to have a chat with their friends while sipping a high-quality beer. Another risk could be brought by the healthy lifestyle model that is spreading all over the world (and it doesn't include the consumption of alcohol)
ReplyDeleteThe genesis of risk of producing ketchup is quite low because ketchup is an unique product,which cannot be replaced or imitated. Anyway since there is a growing interest in a healthy lifestyle,people could prefer other seasonings ,for example home-made sauces which certainly are heathier that ketchup,that is full of bad preservatives.
ReplyDeleteHow is made handmade paper:
ReplyDeleteIn the making-process of paper there are many risks, mainly because the handmade sector is going to disappear because of the new and faster technologies.
The possible risks are:
1) The market asks for different types of paper (industrial paper is cheaper and can be purchased in large quantities).
2) “Obsolescence risk”- the factors of production could be not adequate for the productive process, the production process is too long and involves many costs.
3) The risk is that people will not buy handmade paper because of the high prices and, by consequence, the firm will not be able to enumerate the factors of production.
- There are lots of competitors in the beer field, so at first i must make sure that my beer is competitive
ReplyDeleteBecause the high rate of alcohol in the beer could create problems under the legal aspect (i.e if someone gets sick after drinking a beer)
Since I’m in direct contact with raw materials, I’ve got to be careful to choose the ones with better quality
Since I operate with a lot of machineries I must be careful to operate in a safe and friendly behavior environmentally wise
I have, even if narrow, that the government will decide to prohibit the sale of alcohol products (i.e 21st amendment that lasted for about a decade during the 20’s)
During the activity of the factory Lego discards a huge quantity of defined or flawed pieces without trying to recycle or re-introducting them in the production. This huge waste displays an enormous amount of useless costs. Overmore the final part of the production related to the creative process is very slow and includes many boffins and specialized softwares which slow down the production raising too many costs. Finally there's another aspect that we have to consider: the home-entertainment market is changing and nowadays people and especially childs (whom are the main target as customers of the company) prefers to have fun with tablet, smartphones and videogames than toys like Lego's products. That's why the company tried to attack this domain of the market launching games for consoles or apps without having in return a good feedback by the customers.
ReplyDeleteThe genesis of the risk of honey is that honey is a natural substance which also has a sweet taste and very expensive to get the quality type of it. Most people don't bye honey but buy sugar which is a chemical substance used just in the same way honey is used, though it's not as nutritious at honey but all but have similar taste and the cost is very low here by giving opportunities to low income earner to buy.
ReplyDeleteThe genesis of the risk of honey is that honey is a natural substance which also has a sweet taste and very expensive to get the quality type of it. Most people don't bye honey but buy sugar which is a chemical substance used just in the same way honey is used, though it's not as nutritious at honey but all but have similar taste and the cost is very low here by giving opportunities to low income earner to buy.
ReplyDeleteThe genesis of the risk of honey is that honey is a natural substance which also has a sweet taste and very expensive to get the quality type of it. Most people don't bye honey but buy sugar which is a chemical substance used just in the same way honey is used, though it's not as nutritious at honey but all but have similar taste and the cost is very low here by giving opportunities to low income earner to buy.
ReplyDeleteHow is made nuts
ReplyDeleteThe genesis of risk for nuts is probably the fact that there are many ways to produce them so the production should be always innovative with many types of fruits or other ingredients. People could get bored of the same type of nuts. Therefore the company should offer new ways to produce them.
The genesis of the risk for the production of hot dogs could be:
ReplyDelete- The customers ask for other kind of meat of for other flavors
- The machinery and equipment are obsolete or less efficient so there's an obsolence risk that influences the production.
How to make a honey
ReplyDeletethe market requires different product or inability of the factors of production
- Honey raised blood sugar less than dextrose and sucrose (glucose and fructose) It still did raise blood sugar, just not as much. And also, honey reduced C-reactive protein ……and so on… The main point is the price of honey is reasonable that’s why it is so popular. However, if any product have a same function or the piece is cheaper than honey in market. People will not require our product.
- In additional, we need many of bees in our product. If any disease or infection had happened in bees, our once of factors would be broken.
How to make Chinese dumpling .the biggest problem is that the raw materials and human resources. Because of the special dumplings this food led him to demand fresh ingredients and will not appear damaged during the freezing process. And traditional production dumplings need to be more human, if the missing human link, then the whole process will be a huge impact.
ReplyDeleteHow is made honey
ReplyDeleteIn this case the genesis of the risk could start in case of some disease of the bees and if the climate changes. On the other hand, there could be new potential competitors which sell the honey to a lower price or could sell a higher qualitity of honey.
The risk for Exxon could be a slow shift from fossil fuel linked sources of energy to renewable one.
ReplyDeleteThen there is the problem of government regulation since in the oil industry there are going to be always more rules to follow to protect the environment with the risk of having often the need to change the factors of production.
The genesis of the risk for a company that makes pasta starts when the money is invested. When this general factor of production is transformed into specific factors of production (raw materials, machineries, buildings) it is not possible for the firm to know if, in a certain period, money will raise from the horizon line, granting a net positive income. There are many unknowns, and for example the firm could risk to operate in a market where pasta is not appreciated, or where there is a strong competition against companies that already obtained the trust of customers. Other variables have to be considered: the firm could purchase a wrong combination of factors, achieving an inefficient production; the variety of shapes of pasta produced, could not to be enough to satisfy the needs of demanding customers. Some competitors may offer a certified quality for their products, making them more attractive. There are many risks to not remunerate money from the factors of production purchased.
ReplyDeleteThere may be risk in honey production and marketing
ReplyDeleteBees should not be killed because they are helpful to crop production. People can demand a better qualities honey. Honey is a natural substance. It should be preserved in proper temperature otherwise it may be crystallized to glucose and fructose. Removing wax from honey should be done very carefully.
The risk of the fireworks industry mainly is represented by a changing environment in which a part of people is trying to convince in not using these product due to their impact on the environment and on animals. Moreover another risk comes from the innovation of fireworks in the competition with other competitors, fireworks must be always more amazing and complex in order to surprise who is going to see them.
ReplyDeleteThe genesis of risk for a company that produces computers could be the innovation of the market (so the more technological know-how of the competitors) not followed by an innovation of the company. It could also be a bad choose of the high managers and the wrong investements (that are very frequent in this sector) so the lost of financing resources. One clear example of this is the italian company "Olivetti"
ReplyDeleteThe genesis of risk for the production of German Beer is the fact that this product doesn't change so it cannot follow the market environment change. This means that if the customers has a different demand for a particular product, this production cannot satisfy their needs because the beer production decades after decades, is never changed.
ReplyDeleteFor 142 years, the world’s leading hot sauce has used the same formula for its “original red sauce.” The McIlhenny Company still soaks the peppers in secondhand white oak bourbon barrels, as the company has always done. While the peppers are now grown in various locations around the world, the final product is aged on Avery Island, Louisiana, where the family-owned company has been based since 1868. The packaging hasn’t changed much, either. Tabasco still comes in 2-ounce bottles, each with the iconic triangular label.
ReplyDeleteToday, there are plenty of small gourmet competitors, but Tabasco holds an estimated 20 to 25 percent market share. The product sells in 165 countries, and carries labels printed in 20 languages. Forty percent of McIlhenny’s sales comes from international markets.The company has plans to expand in China and Eastern Europe.
So while other products may change, Tabasco remains an original – and that’s what makes this brand hotter than ever, without any risk, except that a bad environment may be harmful for the peppers .
The genesis of risk for a company like coca cola is poor supply.It could also be a bad choose of the high managers and the wrong investements (that are very frequent in this sector) so the lost of financing resources.
ReplyDeletethe genesis of the risk in producing ketchup is very law because ketchup is a worldwide product used by everyone .
ReplyDeleteIts unique taste makes it undefeatable in the market and there isn't a real substitute which could jeopardize its selling.
The only slight chance of risk is that in recent times the interest in a healthy lifestyle has increased and customers may prefer other types of healthier sauces to it.
The Movable Field Irrigation System is something that all big farms and organizations that are producing or will produce food need to have in order to water their crops. Water for the plantations is fundamental, the genesis of risk in producing these irrigation systems is the innovation for what concern the method of irrigation, so a possible change in the structure of the irrigation system causing a change in the use of some machineries in the organization.
ReplyDeleteThe Movable Field Irrigation System is something that all big farms and organizations that are producing or will produce food need to have in order to water their crops. Water for the plantations is fundamental, the genesis of risk in producing these irrigation systems is the innovation for what concern the method of irrigation, so a possible change in the structure of the irrigation system causing a change in the use of some machineries in the organization.
ReplyDeleteThe genesis of risk for a factory that produces bowling balls is not very high. Since they are not something replaceable, the only risk concerns the game of bowling; it can happen that it will not be popular any more in the future and so there will not be the necessity of bowling balls to be produced. Nevertheless a risk can arise when there are more competitors that produce bowling balls: one brand can be able to meet players' needs better than another or offer the same product at a lower price.
ReplyDeleteHow is made honey
ReplyDeletethe genesis of the risk is always born to the moment when a general factor of production (like money) is converted into specific ones (like hives or machinery). the risk in making the honey can be that of changing environment and/or changing customs, since the fact that honey has been used for such a lot of centuries it may be subjected to changements in people's tastes and wants.
Risk in the wine world.
ReplyDelete-Satisfy the desires of costumer in a changing environment
-Competitors
Producing wine is a very important investment, because you have to invest lot of money buying machineries, equipment and the most important aspect,the planting of vineyards.
The investments will least for many years; the entrepreneur, before starting the business, has to know perfectly the market of wine, for this reason, he/her, invests money in research, to find what are the consumer desires and which is the variety that can satisfy them.
The world of wine, is continuously changing and good entrepreneur has find new strategies (Organic agriculture, Biodynamic...) that can guarantee an advantages on the others competitors
How is made Marshmallow Cookies
ReplyDeleteThe highest risks for Marshmallow cookies are:
- entrants of competitors
-demand of more flavors
As the environment and community continues to change and different competitors are entering the market industry, Marshmallow companies(regarding this company) have to continue the innovation on their products(e.g. trying new flavors) and have to continue improvements with the production(increasing efficiency and effectiveness).
The genesis of risks for a company that produces lipsticks could be that the product doesn't update with the trends of the fashion in which they are strictly related in terms of colors. The risk is also given by the great competition that there currently is among the various companies that produce cosmetics, so it's very important to find a good compromise between quality and price. Another risk could be the toxicity of the product that can come from a wrong choice of raw materials used for the production of cosmetics found in the market.
ReplyDeleteThe Genesis of the risks in making hot dogs are that people might require the addition or the removal of flavor in the meat, they might demand a higher quality of the meat used, they might require particular kind of meat instead of the mix nowadays used, and the company might have to face the lower down of the prices of other competitors and the problem of machinery that troughout time becomes obsolete.
ReplyDeleteThe genesis of the risk for the WILSON factory is that its activity depends mainly on just one buyer, which is the NFL. If one day the NFL goes bankrupt, the factory will lose its main customer and it will risk to fail.
ReplyDeleteThus, also not being able to update the footballs to the market's demand could represent a problem in the future.
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ReplyDeleteFor an organization which produces glass blocks, risks that could arise can depend on the fact that since glass is very fragile, it could break during its transportation to shops, making the product made useless. Also if people start changing taste about the stylish look of the glass blocks and choose not to include them in the house they are building, the glass block market could easily fall, and its organizations go bankrupt.
ReplyDeleteHow it's made bubble gum
ReplyDeleteBubble gum is a product which is very required all over the world.
An organization that produces bubble gum could incur into the risk of seeing its product (and so the investement) to definitely set over the horizon line.
This could happen, for example, because the organization doesn't use up-to-date raw material, or because it is not good in understanding what customers want (flavour, size, etc.).
Another reason could be that in the future new substitute products for the bubble gum will be created, which the customers will like better.
The genesis of risk for the production of copy paper could be several.
ReplyDeleteThe first risk could be met in the moment in which we decide to invest in this kind of production, because is not sure that our business will be able to satisfy human needs; but another risk that we could met in particular nowadays is the fact that in order to the wide growth of electronic world, people do not use anymore paper to write on.
Blackboards are standard products used mainly due their large availability, low price, and even cultural reasons in less advanced countries where their lack of educational capital. However now due to the growing trends in technology, projectors and tv screens are starting to replace blackboards in more advanced countries, where such products are available at an affordable price. However overall I think that the Obsolescence risk for blackboards is low since the product is not largely influenced by technological advancements in less developed countries even considering the growth in technology, hence in my opinion there will always be constant demand for standard and basic products such as blackboards that are essential to education.
ReplyDeleteIn a world where most of the food products are artificially made, with chemical substances, people will look more and more only for healthy products.
ReplyDeleteThis includes also cocoa, in fact nowadays there is few cocoa because we used to use it too much in the past, and now the real cocoa is being substituted by chemical substances that give the same taste of chocolate.
This is a big risk for Nutella, in fact, if it wants to remain as big as it is, offering their products at such a low price, it will probably be forced to use chemical flavours.
But, as I already said, people is starting to search only for healthy products, so other companies, such as Novi or others, can have big advantages thanks to the fact that, even if the price is higher, the product will be more healthy.
The genesis of risk of making hot dogs are the ingredients that make up hot dogs. Many of this ingredients if not all, are processed ingredients which people now days are trying not to eat. Hot dogs could be done without some ingredients such as corn syrup because there are better ingredients in the market that can replace this ingredient.
ReplyDeleteAnother risk is that other companies can come up with better hot dogs made with healthier ingredients with good prices.
The first risk of making acoustic guitars arises when there is the investement of money by the shareholder, like in every company.
ReplyDeleteMoreover the market of guitars is a wide market because are involved several brands. It is certainly true to say that the market is also ruled by two brands Fender and Gibson and their rivalry doesn't leave room to other companies.
The genesis of the risk of the OJ's production is related to oranges' cultivation. The problem could arise when there are climatic, unexpected changements, or when the orange quality is not so much good. These risks mainly fall on the farmer. There is also another kind of risk, the risk of unsold. The reasons here can be that there are better products on the market or that products are not sold before the expiry date. These ones, on the contrary, mainly fall on the factory owners.
ReplyDeleteThe genesis of the risk for the production of baseballs comes from the fact that the machineries could will become obsolete,or some factors of production are useless due to modernization. Meanwhile the demand of prodcuction of baseball doesn't ever fall down because it is an essential element for playing Baseball. ON the other hand companies could face with competitors.
ReplyDeleteThe genesis of the risk for the production of baseballs comes from the fact that the machineries could will become obsolete,or some factors of production are useless due to modernization. Meanwhile the demand of prodcuction of baseball doesn't ever fall down because it is an essential element for playing Baseball. ON the other hand companies could face with competitors.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteCoca cola was born in 1886 and from that year to those days , this brand has overcome all kind of risks. Obviously risks can always arise . For example the birth of a new rival brand or the chemical ingredients which could start to be dangerous for people's health.
ReplyDeleteThe genesis of the risk in producing sugar comes from the possibility that beets may grow less since human beings are making everything more and more artificial, polluting everywhere, and it may have an impact on them. Also the current rise of substitute products like sweeteners can generate a risk.
ReplyDeleteThe genesis of the risk in producing soap comes from the threat of competitors on the field and the substitute and less expensive products that can arise on the market.
ReplyDeleteThe genesis of the risk in producing mannequins comes from the fact that the machineries could will become obsolete,or some factors of production are useless. So regarding the competitors it can become more efficient and able to produce in a better way and at a lower price.
ReplyDeleteThe main risk for a firm, which produces electric guitar is associated with the fact that the music production process is changing quickly, the younger generations are more interested in the electronic music, than in the music made with real instruments. Therefore this kind of firm have to move with the times.
ReplyDeleteHow is made "Surfboard"
ReplyDeleteThe genesis of the risk in surfboards industry is especially related to the quality of the surfboard, and to the trends of market. Of course is extremely important to realize high quality surfboards to not face the risk of failure, but the focus should be also on understanding what people really look for in a surfboard. Its colours, the images printed on it, and also the brand, in a product like this could make a huge difference, and these have to be considered as needs to satisfy in realizing a surfboard.
the major risk that stainless-steel market could face in my opinion is that it cannot be more innovative, it cannot evolve or get better... stainless-steel remains stainless-steel. however, nowadays is still largely used, but of course the world of materials is in constant evolution. so the risk it could face would be the entrance in the market of a competitor mterial.
ReplyDeleteHOW IT'S MADE- PAINTBALLS
ReplyDeleteThe risk for the paintballs starts, obviously, when money is invested in labour, facilities, ingredients. As we know the transformation process is always the same, while the people's tastes change fastly: here the second risk. Other risks coud be: poor marketing, no financing investor, ignore what costumer want, sell a product that is made with toxic ingredients saving money (destroy value) and, of course, the competitors.
The genesis of the risk for a company that produces fruit yogurt could depend on the choice of the customers, indeed they could choose to follow an healthy diet eating fresh fruit, that of course contains less calories than yogurt, in which apart from jam is added also milk and cream. But of course the risk could depend also by the competition, other yogurt companies could produce better products, using higher quality of fruit or ingredients. Therefore it's always necessary for a company to examine itself, in order to try to be the best as it can, compared to the competitors.
ReplyDeleteHow it's made? - LEGO
ReplyDeleteOne of the risks that Lego might face is related to whether or not the plastic used in them is recyclable or if it is harmful to the environment. The company shares that its bricks are made with #7 plastic, which is classified as “other” plastic. Many plastic toys fall into this category, and they are all tough to recycle.
There are a few places that take #7 plastic through curbside recycling programs, including Davis, California, and Binghamton, New York. Customers would need to check with their local/national waste disposal service whether it is in use. If not, then Lego faces the risk to pollute the environment.
How it's made- Wigs:
ReplyDeleteThe genesis' of a risk in this production are many. Firstly, the competitors nowadays are several and many times their process involves technological machineries that allow more production in less time compared to the handmade one. Moreover, even if the quality of the latter is assured and certainly higher, mostly what the costumer seeks is a medium quality with a low prize. Indeed, the product will not meet the costumer’s desire and destined to lead to an ineffectiveness of the production.
The genesis of risk is that producing the shoes,there are many competitors in production of shoes,they also care about the satisfaction and the comforts of the customers,the differences in prices,the changes in preference of the product of the customer and the quality makes a great risk,the changes in the climate and environment also makes risk.
ReplyDeleteHow is made Lego:
ReplyDeleteThe genesis of risk for the Lego's firm might concern the designers employed by the organization. Lego has to show innovation year by year to its customers and not producing new stimulating ideas for new types of toys would be a huge risk for the incomes of the organization.
Another important problem that Lego could face could be about the materials used for the components of their products that can become unsafe for someone or judged environmentally disrespectful.
The genesis of the risk for iPhone starts when Apple invested money in raw materials, in glass displays, in hardware components. Thus when money go below the horizon line.This happens because needs of people change constantly and if the iPhone doesn’t satisfy them, they will buy a competitor’s Phone.
ReplyDeleteThe genesis of risk in this business is high because the business of carved candle is not very popular and the demand for this kind of product is not high since they are expensive and interest only to a particular kind of costumer. In fact the market of carved candle is not a global market but it is an independent market since it can be considered as a craft product.
ReplyDeleteThe risks for fruit flavored yogurt are that of obsolence as well as that of competitors and that of lowering the hygiene of the property (which will damage the quality of the product) and lowering the quality of the product by trying to reduce the amount of ingredients.
ReplyDeleteThe most consistent risk inherent to kitchen knives may be the pressure coming from competitors, considering the variety of products and the diversity of usable materials.
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ReplyDeleteHow is made honey..
ReplyDeletethe employees were using an old technology,and some part of operations were manual. MAybe a new competitor might think for a new ttechnology that collects faster the honey from the frame, and this can create an advantage, or maybe a new competitor gives the same product at a higher quality or a lower price...
The possible risks in the industry of playing cards making, is first of all the chance of losing the popularity . Meaning, there is this chance that in the future, new games and new hobbies get the attention of the majority and afterwards, cards would lose their location in the market. But, considering the usage and popularity of card games all around the world, in small and big quantities , this risk is very low.
ReplyDeleteon the other hand , because the demand for this product is high in the world, the risk of the foundation of new competitors in the market is quite high.
During the activity of the factory Lego discards a huge quantity of defined or flawed pieces without trying to recycle or re-introducting them in the production. This huge waste displays an enormous amount of useless costs. Overmore the final part of the production related to the creative process is very slow and includes many boffins and specialized softwares which slow down the production raising too many costs. Finally there's another aspect that we have to consider: the home-entertainment market is changing and nowadays people and especially childs (whom are the main target as customers of the company) prefers to have fun with tablet, smartphones and videogames than toys like Lego's products. That's why the company tried to attack this domain of the market launching games for consoles or apps without having in return a good feedback by the customers.
ReplyDeleteThe main risk for a firm producing bubble-gum is related to the obsolence, which means that processes and machineries used in the production process are obsolete and therefore no more competitive on the market.
ReplyDeleteVideo “How it's made- Golf balls”
ReplyDeleteThe genesis of risk in producing golfballs, might be the need for lighter golfball due to better performance in golf games and so the need for a different material and this could lead to higher costs for the primary input. Or as the bouncy rubber is bought externally, producers of these material could raise prices and this could be a risk for the factory.
The genesis of risk of "producing laptop keyboard" is its size for convenience of the writer. There are also some things like flexibility of bearing and touching. People also demand comfortable thumb size keys. Another demand is multi-functional keyboard like programmable and configurable laptop keyboard regarding the upgrade technology.
ReplyDeleteHow is made Olive oil
ReplyDeleteThe genesis risk for the Olive oil industry is that it has many competitors. Olive oil can be substitute with vegetable oil, which is much cheaper. This leads to less demand. Other threat that has a huge impact on the Olive oil industry is the regulations for producing olive oil.