MM4311 Strategic Management Individual Assignment Porter’s 5-Forces Model in Hong Kong theme park industry Name: Lau Hiu Ying Instructor: Yi TANG 1. Introduction Theme Park is an entertainment venue that includes rides‚ restaurants‚ activities‚ and attractions‚ woven around a theme such as celebrity or characters. Therefore‚ Hong Kong has a pair of theme parks which are Hong Kong Disneyland (an international famous theme park) and Ocean Park (a recreational‚ educational‚ home-growth
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5 Forces Model -Examines competitive forces that influence the profitability potential in an industry -Each force can reduce the probability that a firm can earn profits while competing in an industry Potential Entrant - can take market share away - force to learn new ways to compete - Barrier - Economies of scale – cost disadvantage - Capital – lack the resources (physical & human) to compete‚ competitive disadvantage - Switching costs – college‚ machine - Differentiation
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STRATEGIC MANAGEMENT – ASSIGNMENT 03 Apply Michael Porter’s model to any industry of your choice - Retail‚ Telecom‚ Infrastructure‚ FMCG‚ Insurance‚ Banking etc… Confectionery is related to the food items that are rich in sugar and often referred to as a confection. Confectionery refers to the art of creating sugar based dessert forms‚ or subtleties (subtlety or sotelty)‚ often with pastillage. From the Old French confection‚ origin of Latin confectio(n-)‚ from conficere‚ to "put together"
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DHL Case 1. Using the EVC framework (i.e.‚ differentiation value)‚ what opportunities exist for price customization at DHL? (In other words‚ where is there value that is not priced out?). Based on the differentiation value‚ the following price customization opportunities exist for DHL. - DHL can charge a premium for its extensive network span and coverage in remote areas that they serve‚ which are not serviced by their competitors‚ like Africa. - Differentiation premium could be charged on
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Contents Executive Summary:- Three Entrepreneurs Adrian Dalse‚ Larry Hillblom and Reober Lynn established a company in 1969 named Deutsche Post DHL. San Fransisco was given honor to start operations and send shipping papers to Honolulu by Air. When talk about overland transport‚ air freight‚ ocean logistics the only one name comes DHL operating almost 220 countries worldwide and having 28500 direct employees who are contributing their willing efforts with full dedication to provide speed
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Porter’s Five-Force model consists of rivalry‚ threat of substitutes‚ buyer power‚ supplier power and threat of new entrants and entry barriers. I believe Porter’s Five-Force model offers a corporation a solid backbone foundation in developing an international business strategy. The first part of Porter’s Five-Force model is rivalry. According to Porter‚ rivalry focuses on two main factors which are a high concentration ratio and a low concentration ratio. A high concentration ratio indicates
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2. Main Competitors 6 3. Five Forces Analysis 7 4. PEST Analysis 10 5. SWOT Analysis 12 6. Generic Strategy 14 7. Growth Strategy 14 8. Product Strategy 15 9. Partnership Strategy 15 10. Reference List 16 Introduction and Main Products “Verizon Communications Inc. (Verizon) is one of the world’s leading providers of communications services. Verizon’s wireline business‚ which includes the operations of the former
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Industry Analysis of ADIDAS using Porter’s Five Forces Model 1. Degree of Rivalry of ADIDAS Adidas is competing in the market with many rival firms including the world leaders Nike and PUMA. The rivalry among existing competitors is pretty high in the sports and footwear industry. As ADIDAS deals with products of low product differentiation and the switching costs are low‚ the degree of rivalry is so high. The diversity of rivals‚ that is the rival firms like NIKE‚ PUMA are of different cultural
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Applying Porter’s Five Forces Model: The Metal Container Industry The metal container industry historically has been characterized by relatively low growth‚ intense competition‚ and unattractive levels of profitability. During the 1980s‚ this industry was negatively affected by such factors as further consolidation of soft drink bottlers and a strong trend toward substitution by many types of plastic packaging. The underlying reasons for the slow growth and low profitability of the metal container
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which is the largest such facility outside the United States. Tata Tea decided to move from the commodities business to consumer branding in 1983. Its first brand was Tata Tea‚ followed this Kanan Devan‚ Agni‚ Gemini‚ and Chakra Gold. However‚ the concept of branded teas would be slow to catch on in the domestic market‚ which was the world’s largest and also it covers overseas business‚ the Tata Tea and Tetley portfolios of branded offerings caters specifically to the Australian‚ Middle East‚ West
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