Porter five forces analysis From Wikipedia‚ the free encyclopedia A graphical representation of Porter’s Five Forces Porter five forces analysis is a framework for industry analysis and business strategy development. It draws upon industrial organization (IO) economics to derive five forces that determine the competitive intensity and therefore attractiveness of a market. Attractiveness in this context refers to the overall industry profitability. An "unattractive" industry is one in which the
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Porters 5 forces 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. Switching
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PORTERS FIVE FORCES Threat of new entrants: Since nokia was a profitable market. It becomes bait and other companies would like to join. Unless the new entry firms can be blocked‚ the revenue or profit will reduce. However in other to be able to compete with established firms‚ new entrants will need to invest highly in technology and marketing. Hence the threat of new entrants is very low. Power of suppliers: Nokia has a number of suppliers who provide them with equipment’s. Hence nokia could
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Q5. How does the “new system” trace the overhead costs of order processing and special components handling to the products? Overhead cost per order (order processing rate) = DM$13800000/65625 =DM$210.29 per order Overhead cost per special component (special component rate) = DM$19500000/325000= DM$60 per special component In order to adapt the new strategy of SEMW‚ new costing system uses the order processing rate and special component rate to trace the overhead costs of order processing and
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Management and Information Environment Company Profile of Siemens Siemens is a German multinational conglomerate company headquartered in Munich‚ Germany. It is the largest Europe-based electronics and electrical engineering company.[1] Siemens is organised into six main divisions: Industry‚ Energy‚ Healthcare‚ Equity Investments‚ Siemens IT Solutions & Services and Siemens Financial Services. Human Resources Perspective : Siemens 3i Program The human resources perspective combines prescriptions
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Porter Five Forces – Degree of Competition The UK banking industry is made up of three distinct types of competition which include the following (OFT‚ 2010): · Retail banks - Accept deposits and use these funds to make loans as well as offering other financial products to consumers and firms. Lloyds Banking Group‚ Virgin Money‚ Metro Bank‚ · Universal banks which not only offer retail banking services but also offer wholesale and investment banking services. For example: Barclays‚ HSBC
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Problem One Cost Behaviour Required: 1. Which costs are classified as the following (no calculations required): a. Variable (per hour) Extras‚ Stage lighting b. Fixed Director costs/salary‚ equipment depreciation‚ royalties c. Mixed Actors‚ Supplies d. Step cost Food 2. The management has planned to film 800 hours and make 6 shows with an average of 3 actors and 2 extras for August 2009. Please calculate the cost of supplies‚ actors‚ and royalties for this month. (Hint: please use high-low method
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The Case Study of Li & Fung – The Global Value Chain Configurator TITLE: THE CASE STUDY OF LI & FUNG LIMITED ABSTRACT: The case illustrates the business history and evolution of Li & Fung Limited‚ one of the Hong Kong’s oldest and largest trading companies. The case gives an overview of its evolution from a traditional trading company to a global export giant and a customers’ supply chain management giant. It discusses the company’s strategies to change its business models to the changing external
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Siemens is a huge 155 year old international $77 billion German based companionship operating from side to side 16 big business units by means of one of the world’s main infrastructure‚ electronic and engineering corporation and 1200 fully merges supplementaries in additional than 190 countries‚ which are sprint by 484‚000 workers. All Siemens businesses are part of a medium organization that combines a central strategic compass reading with decentralized business and local responsibilities. As
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What is it? Framework/theory Porter’s Five Forces of Competitive Position Analysis were developed in 1979 by Michael E Porter of Harvard Business School as a simple framework for assessing and evaluating the competitive strength and position of a business organisation. This theory is based on the concept that there are five forces that determine the competitive intensity and attractiveness of a market. Porter’s five forces help to identify where power lies in a business situation. This is useful
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