Contents Executive Summary 1 Introduction 2 Porter’s Five Forces and Competitive Strategy Threat of Rivalry 3 Threat of New Entry 4 Threat of Substitute Products 5 Bargaining Power of Buyers 6 Bargaining Power of Suppliers 7 Recommendation of Porter’s Five Forces Strategies 8-9 Hofstede’s Cultural Dimensions 10-13 Recommendation of
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Assignment # 1 Strategic Practice Exercise: (page #81) 1. Score each competitive force in the airline industry and provide a brief rationale for your assessment. · Rivalry Among Existing Firms: (High) When one major company in an industry makes a change in costs or services that could potentially increase their clientele‚ a major competitor almost always follows suit. Price matching is a prime example of that‚ therefore the threat is high. West Jet is one company that offers flights at a discount
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in Harlem‚ is working low-wage at a company named Burger Barn. These young workers often get trapped into this unfortunate work situation due to it being a last resort. The job is so horrid‚ that only those who have no other options would work there. Due to this‚ the Burger Barns in Long Island raise their pay rate three dollars above minimum wage. Workers in the inner city are having a hard enough time finding a job in general‚ therefore the Burger Barns in those areas keep their pay rate at minimum
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Target Customer Profile Our company Kunste H.C Burgers and wings targets the college students of the Our Lady of Fatima‚ STI‚ commuters passing Regalado Highway‚ and some residence near the company with the age of 16-24 Years old that is hungry and wanted to satisfy their cravings for burgers with different kind of buns‚ different flavored wings which is located along Regalado highway. Their allowances depends on the economic status of their parents. In the proposed location in the Regalado highway
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Porters 5 Forces: Suppliers The bargaining power of suppliers‚ one of Porter‟s Five Forces‚ can have a significant effect on an organization. Suppliers hold power over a firm when they increase prices and reduce the quality of their product and the firm cannot use their own pricing to recover these changes in costs. Switching costs is the “negative costs that a consumer incurs as a result of changing suppliers‚ brands‚ or products”. Switching costs can represent a variety of things: time and
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Big House Burgers Appetizers Fried Mushrooms We’re talkin’ cream of the crop. Nothin’ beats a fresh fried mushroom - 7.50 Hot Stix These fresh jalapenos are all julienne cut in-house - 7.50 Cheese Sticks Breaded mozzarella cheese - 7.50 Onion Rings 1/2 order: 4 Full order: 7.50 Tater Fries or Tots - 2.50 With cheese - 3.75 Cactus Bowl Taters‚ onion rings‚ zucchini‚ mushrooms‚ jala-bombers‚ stuffed taters & cheese stix - 11.75 From the Garden BHB’s triple lettuce salads include tomato‚ carrots‚ cucumbers
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Porter’s Five Force Model Analysis For Indian Cigarette Industry 1. Threats of New Entrants=LOW •New Product differentiation Very Tough – already cigarettes at different price points‚ flavors‚ brand images • Access to distribution channel is tough – big & established players are present (e.g. ITC) • Capital requirement is very high for a pan India launching; • Local launch can not catch up scale – Can’t use Economies of scale • Government policy – high tax‚ no TV/Radio Ads
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from them. 4. The key factors that determine success for the companies in regional airline industry are securing a partnership with a major airline‚ expansion of partnerships to include new routes and additional departures‚ and increasing its range. 5. SkyWest is employing a focused differentiation strategy and has been seeking to fulfill customer satisfaction through valuable and reliable flights. It is trying to achieve greater levels of customer satisfaction than its competition. 6. SkyWest’s
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Analysis Rivalry Among Competitors Game console companies are facing strong rivalry competitions. As the industry develops‚ every game console company tries to implement the latest graphic technology into their products‚ and those who fell to apply the new technology have seen a decline of the market share. In addition‚ many of the console companies are exploring new functions that are not just video games. Threat of New Entrants The threat of new entrants is low. All the game console companies
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Porter’s 5 forces analysis on Air Asia 1. Threat of new Entrants The extent of barriers to entry depends on the strength of: Customer has little brand loyalty. If consumers of Air asia do not have brand loyalty‚ then the strength of the threat of new entrants is very high. The high numbers of competitors in the industry also decrease Air asia’s customer loyalty. Most of the travelers prefer low cost. New competitors which want to come in the industry have to spend little to compete
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