Porter “Strive for competitive advantage and the forces that affect it.” Strategic Management Dr. Cassell By: Ashleigh Bender Table of Contents: I .) Executive Summary pg. II.) Porters Five Forces Defined pg. • Supplier Power pg. • Buyer Power pg. • Threats of New Entrants pg. • Substitutes Products pg. • Degree of Rivalry pg. III.) Advantage and Disadvantage of Porter’s Five Forces Model pg. IV.) Application of Porter’s
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SAMSUNG CHINA September 12‚ 2002 BUS 610 (Man. Econ.) J. Suyderhoud‚ Instr. Castaways Alex H. Brandon M. Chandra H. Rajesh B. Stuart W. Rural Urban Low-Med end Barriers to Entry: Barriers to Entry: Economies of Scale High Economies of Scale High Product Differentiation Low Product Differentiation Med Capital Requirements High Capital Requirements High Access to distribution Channels High Access to distribution Channels High Cost disadvantages Independent of Scale
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IPv4 and ipv6 Differences IPv6 Optional Extras: Fixed length (40 Bits‚ as opposed to 32)‚ but able to extend Header change to aid QoS Checksum: Removed checksum to reduce processing time at each hop. Motivation: Requirement of large number of addresses Stateless Auto-configuration Anycast address route to “best” of several servers – (No broadcast) provides flexibility where we don’t care about which route the data goes through Route Optimization: necessary to improve the internet performance
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consumers to integrate into their memory additional information through media and WoM. Lieberman and Montgomery (1988) believe that first-mover advantages arise from three primary sources: Technological leadership‚ pre-emption of assets‚ and buyer switching costs. Technological leadership provides a learning curve‚ where unit production fall with cumulative output‚ which generates a sustainable cost advantage for the early entrant if learning can be kept proprietary and the firm can maintain leadership
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hold down prices or boost investment to deter new competitors as seen in coffee retailing where stores such as Gloria Jeans and Starbucks must invest in modernising stores ad menus due to low entry barriers It is the threat of entry‚ not whether it actually occurs‚ that holds down profitability Barriers To entry -Supply-Side Economies of Scale: Producing at larger volumes =Lower costs‚ ex intel -Demand-side Benefits: Willingness to buy increases with others patronising the company‚ trust larger
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Introduction This assignment will give you an insight of online publications and online content. Online publicatons are defined as contents which are not offered in a physical way but in the internet. This definition entails for instance how far the internet (datacontent) supersedes traditional objects. Examples for main type products are e-Books‚ e-Magazines‚ Newsletter‚ Weblogs‚ Databases and Websites. Consequently‚ we tried to find out how many people adopt the medium internet and use rather
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Porter’s Five Forces Analysis is based on the concept that the key objective for any organization should be to gain advantage over its competitors‚ it is not the industry that an organization is in that counts‚ but where it wants to compete in terms of the nature of the competition. This competition is provided by the nature of the rivalry between existing firms‚ the threat of potential entrants and substitutes and the bargaining power of both the suppliers and buyers (Lowson‚ 2002). The five-forces
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The internet was invented in the 1960s by the American Defense Department when it was called ‘Arpanet’. It is very useful for everyday life because you can find out lots of things and talk to your friends. Some people argue that the internet should be free from all government control. They argue that government control could kill the internet. Other people disagree. I agree that the internet should not be controlled by the government. The internet is a packet switched network‚ consisting
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Threat of New Entrants; and 5) Intensity of Rivalry. Notice in the following diagram‚ how these interact and influence each other. MGMT 488 Chapter 3 – Macro Environment Page 2 POWER OF BUYERS STRONGER WHEN • • • • • • • • • • Buyers have low switching costs Buyers are large; large volume sales are important Large number of small buyers can band together Buyer demand is weak or declining Buyer demand dramatically slows (aka “a buyer’s market”) Buyer identity is important Quality and quantity of
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Hilton Hotels‚ Marriott International‚ Inc.‚ Global Hyatt Corporation‚ and MGM Mirage. They have built a brand image and equity that intensifies rivalry in the industry. Since all of the actors in the hotel industry made huge investments‚ their exit barrier is high that adds more fuel to rivalry in the hotel industry. Threat of Substitutes: In the overall hotel substitutes category‚ there are several substitutes for Starwoods such as timeshares‚ staying at friends and
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