The twelve year return-on-equity data for the Tobacco Industry of 27.9% is substantially above the all-industry average of 14.1% given in the Business Week data. Examining Porters five forces reveals the keys to the Tobacco industries superior profit performance. The price customers are willing to pay for a product depends‚ in part‚ on the availability of substitutes. The absence of close substitutes in the case of cigarettes means that consumers are comparatively insensitive to price increases
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Five Forces analysis of the Construction Industry in Sweden “The authors conclude that the less competitive a market environment‚ the higher will be the amount of corruption by giving public servants the incentive to extract some of the monopoly rents through bribes.” (Lambsdorf‚ 1999) Industry background: The Swedish construction business consists of four main actors namely JM‚ NCC‚ PEAB and Skanska that historically have had exclusive rights to bid on large-scale governmental projects
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DemographicSegmentation The word demographic can be related to the structure of populations or a particular sector of a population. Most of the marketers nowadays believed that the demographic segmentation bases are the most popular and practical segmentation bases. Kotler(1984‚ p. 255) states that “demographic variables are the most popular bases for distinguishing customer groups”‚ possibly because the ease with which this kind of data can be collected. Demographic segmentation divided the market
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Five Environmental Forces in Hong Kong Affecting Dove’s Marketing Strategies In 2001‚ Dove introduced its hair care products to Hong Kong’s market1. According to The Marketing Information Company‚ ACNielsen’s retailing survey report‚ Dove was ranked number one in the sale volume of personal care product including shampoo‚ body wash‚ soap and face care products from 2001 to 2003 in Hong Kong.2 This survey report proves that Dove has adopted successful marketing strategies in the Hong Kong personal
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technology‚ this helps to everyone to survive in the tuff competitive world‚ now a days all the sectors were emerging with the use of technology‚ the banking sector also adopting technology in different aspects to their effective performance in the competitive environment‚ and through this they are rendering the best services to their customers. The term “banking technology” refers to the use of sophisticated information and communication technologies together with computer science to enable banks to offer
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Porter’s Five Forces Analysis on Indian Retail Industry An analysis of the structure of the industry should be undertaken in order to find effective sources of competitive advantage (Porter‚ 1985). Therefore‚ in order to analyse the competitive environment of Tesco‚ Porter’s five forces analysis has been used by the researcher as follows: Threat of substitute products and services The threat of substitutes in the grocery retail market is considerably low for food items and medium to high for
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Determinants of Demand of Residential Real Estate Demographics Demographics are the data that describes the composition of a population‚ such as age‚ race‚ gender‚ income‚ migration patterns and population growth. It is obvious that as the population increases‚ so will the demand for housing. As the income increases‚ so does the demand of real estate as people would be willing to pay higher prices. These statistics are an often overlooked but significant factor that affects how real estate
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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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country are beefing up their business activities with the aim to expand export market. Recently a few new industries have also been established with hi-tech equipment and professionals which will enhance the strength of this sector. Having more than a couple of hundred manufacturing facilities with huge potential in pharmaceutical formulations‚ Bangladesh is treading on a new path of industry economics for self-reliance. With a view to minimizing the import dependency on basic drugs‚ the country
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DEMOGRAPHICS OF UNITED KINGDOM: It is the third-largest in the European Union (behind Germany and France) and the 22nd-largest in the world. Population: The estimated population of the United Kingdom in the 2011 census was 63.182 million of whom • 31.029m were men & • 32.153m women. Population Density: Its overall population density is one of the highest in the world at 256 people per square kilometer‚ due to the particularly high population density in England. Literacy Rate: The United
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