Carnival Corporation‚ are enormous and growing: In addition to its own fleet of 20 ships‚ Carnival Corp. holds full ownership of Cunard‚ Seabourn‚ Costa‚ Windstar‚ and Holland America Line -- all told‚ more than 50% of the North American cruise industry. And‚ in April 2003‚ Carnival beat out Royal Caribbean to acquire P&O Princess‚ adding yet another major cruise brand to its cruise dynasty. When all is said and done‚ Carnival Corp. will operate a combined fleet of 73 ships‚ with another 11 scheduled
Premium Holland America Line Carnival Cruise Lines Cruise ship
FORCE | NOTES | LEVEL | THREAT OF NEW ENTRANTS | -Inexistence of legal entry barriers;-High initial investments in the industry;-Existence of economies of scale;-Inexistence of switching costs for costumers. | MEDIUM | THREAT OF SUBSTITUTES | -There are no switching costs for costumers;-High interest in exotic products; | HIGH | BARGAINING POWER OF SUPPLIERS | -European packaging industry is highly concentrated;-There are no substitutes for the packaging input. | HIGH | BARGAINING POWER OF
Premium Economics Drinking culture Beer
1. 5(+1) Porter‘s forces. | |The threat of substitutes | | |Food retail industry at first seems easy to substitute‚ but in truth the large markets are the ones who state the prices in the market‚ | | |thus for such large chains like Tesco the threat of substitutes is low as due to high demand it manages to offer high quality products at | | |low costs. Moreover
Premium Retailing Marketing Cost
Porter’s Five Forces Wine Industry Contents 1. Bargaining power of buyers………………………………………………………………………….1 2. Bargaining power of suppliers………………………………………………………………………2 3. Rivalry between existing companies………………………………………………………….…4 4. Threat of new entrants………………………………………………………..……………………….5 5. Threat of substitutes…………………………………………………………………………………….6 6. References………………………………………………...……………………...…………………………8 1. Bargaining power of buyers The buyer’s power within the wine industry varies
Premium Wine Alcoholic beverage
Bibliography: Robomaid Australia: frequently asked questions‚ 2010‚ viewed 7th August 2013 http://www.robomaid.com.au/faq/ Neto Robotics: Robomaid 770‚ 2013‚ Viewed 8th August 2013 http://www.neatorobotics.com/the-lab/ Electrics: Robomaid 770 robot‚ 2008‚ viewed 8th August 2013 http://www.myshopping.com.au/PR--380143_Robomaid_RM_770_Robot_Vacuum_Cleaner Google image: Robomail 770‚ 2007‚ viewed 8th August 2013 http://www.google.com.au/imgres?q=Robomaid+RM-770&um=1&safe=a
Premium Vacuum Vacuum cleaner Suction
Five Forces Analysis on the MP3 Player industry: Competition amongst sellers of MP3 Players: There are over 100 manufacturers of MP3 players‚ which all offer a similar product‚ so rivalry is generally strong in the industry. Differentiation by branding is very important and a constant launch of fresh actions is required to improve market standing (e.g. by introducing new products or adding new technical features to improve user friendliness). Apple is currently the dominant market leader (market
Premium Digital audio player Economics terminology Apple Inc.
Case Analysis Case: Lincoln Electric in China Case assignment questions: 1. How do you explain Lincoln Electric’s success in the United States? What is its business model? What role do the company’s HR practices play in its success? The success story of Lincoln Electric in the United States could be easily explained as “Lincoln Way” – The largest manufacturer of welding equipment in the world‚ Lincoln motivates its American employees through a distinctive compensation system and a culture
Premium Sweatshop Production and manufacturing
Business Situation No matter which industry your business is in‚ you can assess the forces that influence your business‚ including its strengths and weaknesses‚ using this set of five Market Forces‚ in order to leapfrog over your competition by better understanding the industry you and your rivals operate in. Created by Harvard Business School professor Michael Porter to analyze the attractiveness and likelihood of profitability of an industry‚ Porter’s Five Forces are a simple but powerful tool for understanding
Premium Business school Coca-Cola Management
Zhejiang Geely Holding Group Ltd.‚ a major privately-owned auto manufacturer in China‚ the company had successfully entered into China’s booming sedan industry. In the same year‚ the company set up an auto parts subsidiary in Taizhou of the Zhejiang province‚ further consolidating the foundation of the company’s investments in China’s automobile industry‚ thus successfully transforming the company’s key businesses into automobile manufacturing and the related areas. In May 2004‚ the company’s two
Premium Automotive industry Strategic management Volvo Cars
New Venture Porter five forces – the pure competition model implies that the risk adjusted rate of return should be constant across firms and industries. However‚ there is number of economic studies have affirmed that different industry could sustain different levels of profitability. Part of the difference is explained by industry structure. Michael Porter has provided a framework to identify an industry as being influenced by five forces (Anon‚ 2010). Barriers to entry It can be complicated
Premium China Customer Chinese people