Porter's 5 forces Analysis applied on the business project Assignment

Porter's 5 forces Analysis applied on the business project - Assignment Example In case the current suppliers change prices or block supply, we can always switch to other suppliers without really experiencing switching costs as such. The bargaining power of customers however is quiet significant here. As we know a of paints will be produced, and some might be of high quality and some just normal, so its clear that not all will sale. Those that will sale, their prices would be determined by their demand or how much people are willing to pay. Therefore in this given case, the customers power seems to play a significant role as it is completely up to them to decide what they want to buy and what not to. There are no substitute products to paintings in the UAE market as such besides frames designed with the help of graphics manipulation. However, they cant really even be referred as a substitutes to Creative Minds paintings as the customers view these two medium of art differently and generally hand made painting are valued much more then ones drawn with the help of graphical softwares. Creative Minds dont really face a threat of new entrants since in the UAE market, the concept of helping physically disabled by getting them to make paintings is somewhat new. Even if new entrants come in, the position of Creative Minds wont change as philanthropists, once they start to support a project like lets say Creative Minds, they dont really back out. And there are always new people coming in to help charities. Finally, there is no real competitive rivalry in this industry. Paintings are items whos price is determined by the buys and not by the free market mechanism. Competition would arise when suppliers set prices with regards to each other or play with non price items. However, thats so not the case with the industry Creative Minds works

Measurement and Instrumentation(Hall Effect) Assignment

Measurement and Instrumentation(Hall Effect) - Assignment Example The separation of charge establishes an electric field that opposes further migration of charge and a steady electrical potential will be eventually established as long as the charge is flowing. The sensor experiment has a hall sensor rig that has been attached on the flat surface of the board. The board is calibrated with measurements showing how far the slider is from the sensor rig. The slider has a magnet attached to it. From the experiment, the DC voltage increases as the slider moves further away from the sensor rig and reduces when the slider is closest to the sensor rig. The slider has a magnet attached to it, while the sensor rig has current moving within it in one direction. When the slider is near the sensor rig, a strong magnetic field that is not parallel to the direction of the moving charges in the rig is formed. The magnetic field is perpendicular to the direction of the moving charges in the rig. This strong magnetic field causes the charges to accumulate on one side of the sensor rig. This leaves equal and opposite charges exposed on the opposite side which has few mobile charges. This results in asymmetric distribution of charge density across the hall element that is perpendicular to the line of sight path and the magnetic field. This separation of charges establishes an electric field that opposes further migration of charge (Ramsden, 2006). The strength of the magnetic field determines the concentration of charges on one side of the rig. When the slider which has a magnet is near the sensor rig, there are more magnetic fields felt on the sensor rig than when the slider which has a magnet is further away. Therefore, there is only a small charge that passes through when the magnet is closest to the rig hence the small voltage reading by the digital multimetre and a lot of charge is able to pass through when slider with magnet is further away from the sensor rig hence the high voltage reading by the