For the external analysis I will do a Porter 5-Force analysis on the Micro environment of JYSK on the Chinese market. First I want to have a look at the Industry competitors‚ so the rivalry. If we take a look on the Chinese market‚ we can see that there is already a fierce competition going on the market. Domestic and foreign retailers like IKEA or Wal-Mart have already successful penetrated the market. The number will increase constantly‚ because everybody wants a piece of the cake. If we look
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or ‘forces’ on a business. When we discuss competitive factors on a firm‚ we usually consider other firms within the same industry selling similar products. [1] and although it is true that other firms in the same industry present competition‚ Porter challenged this over simplified view by considering other forces that will also affect the firms competitive ability . The diagram below highlights the 5 main forces. [pic] 2. Potential Entrants into the market This force is concerned
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Porter Five Forces Analysis STRUCTURE AND REMAIN CONCEPTS: The threat of the entry of new competitors Profitable markets that yield high returns will attract new firms. This results in many new entrants‚ which eventually will decrease profitability for all firms in the industry. Unless the entry of new firms can be blocked by incumbents‚ the abnormal profit rate will tend towards zero (perfect competition). The existence of barriers to entry (patents‚ rights‚ etc.) The most attractive segment
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PORTERS The threat of potential new entrants (High) High capital required to enter into mobile industry which needed large investment on technology‚ distribution‚ service outlets and plant. Difficulty for customers in switching cost‚ when they are satisfied with their current product as well as difficultly for new entrants to have product differentiation because customers had already familiar with those established mobile companies‚ therefore new entrants have to spend a lot on branding and
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Jared Diamond Essay/Notes –Pizarro and the Inca emperor‚ Atahualpa The European nation relationships first encounter was between the Inca emperor‚ Atahualpa and the Spanish conquistador Francisco Pizarro. Francisco Pizarro had come with an army of 108 men‚ against Atahualpa’s army of 80‚000. Francisco Pizarro believed in the same similar concepts to manifest destiny. He (and his army) massacred many‚ by tricking the emperor to come unarmed. Furthermore he confused the Indians with loud noises
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Introduction 2.Substitute products 3.Bargaining power of customers 4.Bargaining power of suppliers 5.Entrance barriers 6.Usefulness of the Five forces 7.Limitations of the five forces Model 8.Porter in the airline industry/Ryanair Introduction The model of the Five Competitive Forces was developed by Michael Porter in his book Competitive Strategy: "Techniques for Analyzing Industries and Competitors" in 1980. Since that time it has become an important instrument for analyzing an organisations industry
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Blood diamonds have greatly affected the native populations in Africa. For example during the war in Sierra Leone‚ which started in 1991 and ended in 1999‚ the RUF took advantage of the native people because they could not defend themselves. This war that took place in these years claimed over 75‚000 lives and caused many native people to become refugees. They would take young girls and women away from their families and force them into sexual slavery. Many of these girls did not have a choice because
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Apple to determine how this competitive environment affects the competence in our evaluated firm. Then comes the internal analysis to determine if Apple has or not the tools to be considered as a firm with a competitive advantage above its rivals. Porter´s Five Forces Analysis: New Entrants’ Threat: * Because of standardization of PC components and thanks to the economies of scale‚ the prices came down significantly in this industry‚ this represents a great barrier to new entrants who has to
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each of the countries included in the research in accordance with a cultural scale. Particularly in this case the Geert-Hofstede dimensions provide a strong base for comparison. By evaluating the the five dimensions of Geert-Hofstede‚ for both the Netherlands and the UK‚ a comparison can be made. The five dimensions as provided by Geert- Hofstede are; (1) power distance or PDI‚ (2) individualism or IDV‚ (3) masculinity/feminity or MAS‚ (4) uncertainty avoidance or UAI and (5) long term orientation
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Porters 5 forces for Flipkart Threat of New Entrants : Industry seems to have very high potential but is at its nascent stage. Lots of scope of growth in the future Many small players might enter to explore the market High capital investment is required as it is still in the nascent stage. Would not be much of a deterrent as venture capitalists are interested in investing‚ as they see a future in it. Flipkart is already an established its brand name and network across the nation
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