The bargaining power of suppliers is quite strong. Although Target captures a certain percentage of suppliers’ business, the existence of numerous discount department stores and…
Threat of New Entrants: is low because of high hurdles of entry. The industry is categorized by large capital requests, access to distribution channels, large economies of scale and product distinction. New entrants will require spending a lot of time and money to come in to the market, increase cost advantage, and establish loyal customer base.…
Large numbers of customers provide high strength of power, and the high volumes of suppliers also provide low strength of force.…
Industry Rivalry: What is important here is the number and capability of your competitors. If you have many competitors, and they offer equally attractive products and services, then you'll most likely have little power in the situation, because suppliers and buyers will go elsewhere if they don't get a good deal from you. But, if no-one else can do what you do, then you can often have tremendous strength.…
* To lower the bargaining power of buyers, the Men’s Warehouse should put more efforts on the quality and variety of its clothes to make them differentiated from competitors.…
PESTEL ANALYSIS POLITICAL FACTORS/ CHINA | KEY DRIVERS | IMPACT ON KOYO JEANS | * Government interference | Threat | * Government stability | Opportunity | * High Government controlled financial institutions | Threat | ECONOMIC FACTORS /CHINA | KEY DRIVERS | IMPACT ON KOYO JEANS | * Level of disposable income | Opportunity | * Low Economic freedom index rating | Threat | * Low cost of labour | Opportunity | | | | | SOCIAL FACTORS /CHINA | KEY DRIVERS | IMPACT ON KOYO JEANS | * Peer-to-peer recommendation | Threat/opportunity | * Population/ Demographics e.g. Generation Y | Opportunity | * Concept of face | Opportunity | | | TECHNOLOGICAL FACTORS /CHINA | KEY DRIVERS | IMPACT ON KOYO JEANS | * Social media boom | Opportunity | * Marketing information system (IT) | Opportunity | * Changing communication technology | Threat/Opportunity | | | ENVIRONMENTAL FACTORS /CHINA | KEY DRIVERS | IMPACT ON KOYO JEANS | * Climate change | Threat | * Energy supplies | Threat /opportunity | * Air pollution | Threat/opportunity | | | LEGAL FACTORS /CHINA | KEY DRIVERS | IMPACT ON KOYO JEANS | * Employment laws | Threat | * Company laws | Threat | * Business regulations | Threat | | | | | POLITICAL FACTORS/ HONG-KONG | KEY DRIVERS | IMPACT ON KOYO JEANS | * Non-interventionist government | Opportunity | * Low or corruption free governance | Opportunity | *…
Growth – as volume grows, competitors may enter the growing market. Keeping up with demand could prove to be the main operations..…
1) Nick calculated that of 200 customers who completed the questionnaire at the rock festival, the mean age was 23. The age distribution conformed to a curve of normal distribution with a standard deviation of 5. Calculate the number of customers aged 33 and over who featured in Sonia’s survey…
Threat of New Entry: Obesity is a big problem in the United States which is becoming a government and healthcare issue. Weight Watchers has played a role in the development of a new national awareness of healthful eating, lifestyles changes, and weight control. Weight Watchers International had experienced it biggest threat mostly because of new competition and changes in technology. When the over the counter weightless drug launched it had a drastic effect on their market.…
Availability of Substitutes - What is the likelihood that someone will switch to a competitive product or service? If the cost of switching is low, then this poses a serious threat. Here are a few factors that can affect the threat of substitutes:…
Suppliers on the other hand use their power to provoke the exact opposite- to raise the price. The level of power the suppliers have over a company depends almost entirely on the companies’ need for or dependability on their help (MindTools, 2013).…
Thanks to global capitalism, there are much less poor people running around the world today than there was a decade ago. But there are also more rich people. Way more. And in rich countries, there are less middle class. So even as poverty is shrinking, inequality is rising among income levels as the new global plutocracy takes shape.…
During 2011 significant industrial relation events took place in Australia. One significant event that was widely reported in the media and according to Catanzartiti and Kane (2012) “captured the interest of the mainstream press more than any other case during 2011”, was the Qantas Airways Limited (Qantas) dispute”.…
Economic development of Sri Lanka is mainly based on agriculture and tea industry is a major contributor. For the past three decades tea industry intermittently faced with drastic issues resulting downward trend in economic and social development. Previously held dominated no one position of tea export is recently over taken by Kenya. Country economic policy to compete rigorously in world tea market is vital necessity for the growth, as the challengers with new producing countries, technology and consumer changing demands escalating the current situation.…
threat on the industry by eating into the core revenue streams of the industry. The competitive rivalry is…