Porters Five Forces of the Retail Industry I. Supplier Power The bargaining power of Suppliers is relatively low. There is a high competition between suppliers which means that their ability to raise prices or reduce quantity is very low. Suppliers include both domestic and international manufacturers and because many retail products are standardized‚ retailers have low switching costs which make the supplier power low. Larger retailers have power over their suppliers because they can threaten
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and there are many existing competitors. “Target.com.au” is only operational within Australian territory. On another hand a potential competitor such as amazon has worldwide coverage and provide . This makes the competition very high. There are 1000’s of other sites which look the same and provide the same retail goods. References: http://www.target.com.au http://www.amazon.com Threat of new entrants-Barriers to entry is very low‚ since there are readymade platforms available for people to
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Porter’s Five Forces: Travel Agency : Industry Rivalry : Highly Fragmented Industry with Intense Rivalry Highly Fragmented Industry. Organized players would barely have 15-20% of the marketplace Most of organized players are present in metros & mini-metros Large disposable incomes in towns like Lucknow‚ Jaipur‚ Coimbatore etc. serviced by family run unorganized players Industry rivalry is intense but not cutthroat Rivalry Intense because of low switching costs‚ low levels of product differentiation
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Read the following 2 articles for incoming tutorial.. As Poverty Shrinks‚ Should We Worry About Inequality? – Kenneth Rapoza Forbes Magazine Thanks to global capitalism‚ there are much less poor people running around the world today than there was a decade ago. But there are also more rich people. Way more. And in rich countries‚ there are less middle class. So even as poverty is shrinking‚ inequality is rising among income levels as the new global plutocracy takes shape. Today‚ 43% live on less
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Fedex http://www.innismaggiore.com/positionistview/read.aspx?id=104 http://www.slideshare.net/guest527dd8e98/fed-ex-corp-strategy http://www.mbaskool.com/brandguide/transport-and-logistics/2689-fedex.html http://www.researchandmarkets.com/reports/576886/analysis_of_fedex_corporation http://marketingmixx.com/marketing-plan-2/163-fedex-marketing-plan.html http://fedex021685.blogspot.com/2012/06/positioning-and-differentiation.html http://articles.economictimes.indiatimes.com/keyword/fedex http://about
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Article Review: The Five Competitive Forces That Shape Strategy Porter’s Lesson: Michael E. Porter’s article‚ the five competitive forces that shape strategy‚ is an article that dissects the true underlying factors of competition and industrial structure. Throughout the context of the article‚ Porter thoroughly explains how competition and profitability does not only derive from production of goods and services or the level of sophistication of a firm. Instead‚ he claims that in order for an
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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 where power
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familiar and conduct a Porter’s Five Forces analysis. 2. What are the key success factors of the organisation identified? Businesses worldwide experience some form of competition whilst operating in their respective industry. In the macro-environment there are factors that exist that can determine whether or not an organization gains competitive advantage or becomes viable. Michael Porter developed a Five Forces model to aid in analyzing the industry. These Five forces are:- • Competitive rivalry
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Code of Business Conduct and Ethics Commitment to Workplace Excellence Table of Contents Letter from the Chairman Workplace Excellence and the FedEx Code of Business Conduct and Ethics Lawful and Ethical Behavior Equal Opportunity; Harassment Open Door Policy Health‚ Safety and Environment Conflicts of Interest Corporate Opportunities Gifts‚ Entertainment‚ Loans or Other Favors Improper Payments and Bribes Protection and Use of Company Assets and Information Trading on Inside Information
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THE BATTLE FOR VALUE‚ 2004: FEDEX CORP. VS. UNITED PARCEL SERVICE‚ INC. FedEx will produce superior financial returns for shareowners by providing high value-added supply chain‚ transportation‚ business‚ and related information services through focused operating companies competing collectively‚ and managed collaboratively‚ under the respected FedEx brand. —FedEx mission statement (excerpt) We serve the evolving distribution‚ logistics‚ and commerce needs of our customers worldwide‚ offering
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