THE FIVE COMPETITIVE FORCES THAT SHAPE STRATEGY NOTES Competitive Forces 1. Rivalry Among Existing Competitors 2. The Power if Buyers 3. The Power of Suppliers 4. Threat of Entrants 5. The Threat of Substitute Products/Services The extended rivalry that results from all five forces defines an industry’s structure and shapes the nature of competitive interaction within an industry. Understanding the competitive forces‚ and their causes‚ reveals the roots of an industry’s current profit-
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Topic: What are the megatrends which will shape our world Megatrends Introduction With population growth and economic improvement‚ human beings are naturally increasing their demand towards happiness. The current trend to pursue happiness (demand to consume resources) generates the global demand in the world. Sustainability is crucial behind this trend. Our the only planet with limited resources may not be affordable to feed all people living on earth If our population continues to grow and personal
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This is a factor that shapes their social identity because they change language‚ dress‚ fashion‚ music and food to ‘fit in’ at school where they may have white peers‚ but then when they are with their family they have to change back as their family may not be modern. So basically‚ they are living two lives‚ where they have multiple identities‚ which is made up of their ethnicity‚ where they have lived and their Britishness. This is assimilation‚ which is the process by which ethnic minorities adopt
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EXAMINE SOCIOLOGICAL EXPLANATIONS OF THE WAYS IN WHICH ETHNICITY MAY SHAPE SOCIAL IDENTITY INTRO: DEFINE CONCEPTS OF ETHNICITY AND SOCIAL IDENTITY. FEATURES OF ETHNIC MINORITY IDENTITY: PHYSICAL FEATURES SUCH AS SKIN COLOUR; SHARED LANGUAGE; RELIGIOUS BELIEFS; EXPERIENCE OF RACISM. ETHNICITY MAY BE SOURCE OF SOCIAL INEQUALITY (DESPITE ANTI-DISCRIMINATION LEGISLATION) – IMPACT LIFE CHANCES OF MEMBERS OF E/MIN GROUPS. SUB CULTURES. SOME SOCIOLOGISTS BELIEVE THAT ETHNICITY IS A SIGNIFICANT SHAPING
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HOMEWORK Subject: Strategy Formulation and Implementation Name: VõYếnNhi ID: BABAIU12157 Generally‚ the case of “The five competitive forces that shape strategy” is a constructive‚ thought article and it is valid in the field of planning strategy of a business in a competitive environment. As the name of it‚ the article of Michael E. Porter clarifies five forces that can form the strategy of an organization based on the perspective of an incumbent‚ or a company already present in the industry. They
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Using an Automated Response System Kathy Gearhart IT/284 August 24‚ 2012 Robert McDonald Using an Automated Response System According to "Automated Systems" (n. d.)‚ “An Automated Response System (ARS) is any system where an input is provided and a machine or computer carries out a process that produces an output” (Introduction). Basically this is a computerized assistant who directs the customer’s phone calls dependent on what their input to questions or menus is. The ARS is quite normal
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ORGANIZATIONAL BEHAVIOR FORCES DISCUSSION PAPER TEAM B MGT307 APRIL 12‚ 2010 ANDY WAGSTAFF Organizational Behavior Forces Discussion In this paper Learning Team B compares and contrasts the different organizations of each of its team members. The team is made up of six students‚ each of which is employed by a different organization. It was with a collaborative effort that this group was able to discuss and analyze these organizations. The individual companies and business environments
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exposed by the media last year in which Brigadier General (BG) James BG Botchie of the United States Air Force was accused of conduct that was unbecoming of an officer. By examining the roots of classical organizational theory as well as the systems theory approach to management‚ we will be able to see what aspects and principles should be better utilized and enforced in order to prevent such incidences from reoccurring. Organizational Behavior Case Study Using Classical Organization Theory and
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Five Forces This model focuses on the study of the competitive influences 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.
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EVERY COUNTRY‚ -THE COMPANY SHOULD ASSESS THE MARKET . -DEFINE THE SOCIO-ECONOMIC PROFILE. -IDENTIFY THE PRODUCTS DEMAND WHICH MATCHES THE MARKET. -THEN POSITION THE CARREFOUR RETAIL OUTLETS. 2. Should Carrefour adopt Wal-Mart’s strategy of "low prices everyday"? What would be the advantage or disadvantage of such a strategy? [NO CARREFOUR SHOULD NOT FOLLOW BLINDLY THE WAL-MART. ADVANTAGES -it will gain some limited gain in the market entry. DISADVANTAGES -it will not be able to match
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