or ‘forces’ on a business. When we discuss competitive factors on a firm‚ we usually consider other firms within the same industry selling similar products. [1] and although it is true that other firms in the same industry present competition‚ Porter challenged this over simplified view by considering other forces that will also affect the firms competitive ability . The diagram below highlights the 5 main forces. [pic] 2. Potential Entrants into the market This force is concerned
Premium Mobile phone Firm Force
Porter Five Forces Analysis STRUCTURE AND REMAIN CONCEPTS: The threat of the entry of new competitors Profitable markets that yield high returns will attract new firms. This results in many new entrants‚ which eventually will decrease profitability for all firms in the industry. Unless the entry of new firms can be blocked by incumbents‚ the abnormal profit rate will tend towards zero (perfect competition). The existence of barriers to entry (patents‚ rights‚ etc.) The most attractive segment
Premium Strategic management Porter five forces analysis Management
PORTERS The threat of potential new entrants (High) High capital required to enter into mobile industry which needed large investment on technology‚ distribution‚ service outlets and plant. Difficulty for customers in switching cost‚ when they are satisfied with their current product as well as difficultly for new entrants to have product differentiation because customers had already familiar with those established mobile companies‚ therefore new entrants have to spend a lot on branding and
Free Mobile phone Marketing Personal digital assistant
Introduction 2.Substitute products 3.Bargaining power of customers 4.Bargaining power of suppliers 5.Entrance barriers 6.Usefulness of the Five forces 7.Limitations of the five forces Model 8.Porter in the airline industry/Ryanair Introduction The model of the Five Competitive Forces was developed by Michael Porter in his book Competitive Strategy: "Techniques for Analyzing Industries and Competitors" in 1980. Since that time it has become an important instrument for analyzing an organisations industry
Premium Strategic management Porter five forces analysis Management
of the factors affecting the production of generic drugs Generic drugs are the replicas of original drugs. These can be divided into two categories‚ authorized and unauthorized. Authorized generic drugs are the medicines which comply with the international code‚ Trade-Related aspects of Intellectual Property Rights (TRIPS)‚ while the drugs which infringe the patents of brand-name drugs and do not comply with this code are regarded as unauthorized generic drugs. Recent publications by scholars (Ryan
Premium Generic drug Food and Drug Administration Pharmaceutical industry
Chandana Chakraborty on INDIAN SOFTWARE INDUSTRY : STRUCTURE‚ TRENDS AND CONSTRAINTS published in Journal of Services Research‚ Volume1‚ November 2(October 2001) 4. "What Is Strategy?" by Michael E. Porter‚ Harvard Business Review‚ 1. Volume 74‚ Number 6‚ pp 61 - 78. 5. “Competitive Strategy”‚ By Michael E. Porter Free Press‚ 1980 3. http://www.indianembassy.org/indiainfo/india_it.htm 4. http://www.thehindubusinessline.com 5. http://www.dnb.co.in/TopIT/overview.asp 6. http://in.news.yahoo.com/43/20080727/864/ttc-software-industry-revenuegrowth-dip
Premium Strategic management
Apple to determine how this competitive environment affects the competence in our evaluated firm. Then comes the internal analysis to determine if Apple has or not the tools to be considered as a firm with a competitive advantage above its rivals. Porter´s Five Forces Analysis: New Entrants’ Threat: * Because of standardization of PC components and thanks to the economies of scale‚ the prices came down significantly in this industry‚ this represents a great barrier to new entrants who has to
Premium Personal computer
Justin Damato 4/23/14 Micro Econ Writing Project Kraft Macaroni and Cheese Vs. Generic Brand Everyone has his or her own personal preference towards buying generic or name brand products. When shopping in a grocery store does the type of pasta really matter to you? How about the type of macaroni and cheese you reach for? Same ingredients‚ same directions on how to mix and stir up the final manufactured goods but is it really the “same”. To a lot of people it might not make a difference
Premium Brand Brand management Cheese
ATLANTIC INTERNATIONAL UNIVERSITY A Model Theory for Generic Schema Management Models Kinan M Al Haffar UM4699SIT10550D 07/08/2007 Abstract The core of a model theory for generic schema management is developed. This theory has two distinctive features: it applies to a variety of categories of schemas‚ and it applies to transformations of both the schema structure and its integrity constraints. A subtle problem of schema integration is considered in its general form‚ not bound to any particular
Premium Data modeling Data management Type system
Porters 5 forces for Flipkart Threat of New Entrants : Industry seems to have very high potential but is at its nascent stage. Lots of scope of growth in the future Many small players might enter to explore the market High capital investment is required as it is still in the nascent stage. Would not be much of a deterrent as venture capitalists are interested in investing‚ as they see a future in it. Flipkart is already an established its brand name and network across the nation
Premium Investment Capitalism Profit