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Administrative Studies
ADMS 1010
Alison Kemper

Porter’s Diamond  Factor conditions  Demand  RIvarly  Supporting industries Stern Diamond  Enabling political systems  Financial systems  Vibrant entreprenurship  Sophisticated managerial capabiltes Porters 5 Forces  Threat of new entrants  “” substitues  Bargaining power of supplier  Bargaining power of buyer  rivarly rivarly Central BankBank of Canada  Issues currency  Monetary supply  Controls IR  Regulates banks, impose reserve requirments  Lender if last resot Motives for Aquistion RBC & BMO  Economies of scale  Diversify  New skills  Increase market power  Access to new markets  Restricting Little Bang 1987  (4 pillars)Govt didn’t want to manage risk of each diff company so they work into one corporation. The bigger the financial insitutions are the lower the risk b/c they will be able to move risk around (common ownership)  Trust  Investment bankin  Insurance  Mutual funds BNA ACT 1867  Created dominion of Canada  Allocated responsibility b/w federal and provincial authorites. National Policy 1878  Settlement of the West  Building of a transcontinal railway  Adoption of a protective tariff Bank Act 1871  Ensured a sound currency  Necessity for succeful economy  Nationally regulated banking system   Double liability  Total liabilities no more then 3x assets  Mandotry decnnnial revision by Pariliament  One vote per share  Prohibition against extending credit on real property  Maintain 6% intrest Merchantilism  Main goal was to increase a nations wealth by imposing gov’t regulation  National strength can be maximized by limiting imports with tariffs and max exports  People want exports not imports Vertical Integration  Style of managent control. Vertically integrated companies in a supply chain are united through a common owner.  Each member of the supply chain produces a different product or service and the product combine to satisfy a common need  One corporation2 or more levels of the supply chain  When a firm operates  Ex- eatons=raw materialfactoriescateloguescustomers Horizontal Integration  Type of ownership and control.  Seeks to sell a type of product in numerous markets  When a firm is being taken over by or merged with another firm which is in the same industry and in the same stage of production as the merged firm  Consolidate like companes and monopolize an industry Eatons 3 policies:  Cash only  One-price system that elimated bargaining  Guarantee of goods satisfactory or $$ refunded Anti Chain Store ActRobinson-Patman Act 1936  Forbade anyone firm engage in interstate commerce to discriminate in price to different purchasers of same item when the effect would be to lessen competition or create monopoly  Protect reatilers from completion and from large chain stores by buying from manufacturers for lower prices. RobbProsperity Budjet 1926  Debt reduction  Decr
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