Mining Industry Overview Boyi Xie March 5‚ 2012 Michael Porter’s Five Forces Outline • • • • • • • Products Suppliers/Customers Industry Compe?tors Cost Revenue & profit Overall trends Other factors Products • • • • • • • • • • • Aluminum Copper Lead Zinc Gold Silver Uranium oxide Diamonds Stainless Steel Materials Iron Ore Coal Aluminum Zinc Copper Gold Iron ore Diamond Marketing & Customers
Premium Rio Tinto Group BHP Billiton Iron ore
surprisingly the various kinds of industries utilizing these resources are emerged in Australia. One of the most important industries is mining. Australia has the world’s largest reserves of several mineral commodities in both minerals and energy resources. The Mining sector includes all units mainly engaged in mining‚ including the mineral exploration‚ and the provision of a wide variety of services supporting mining and mineral exploration. The discovery of the gold in New South Wales and Victoria
Premium Mining Australia
Five forces model can be used to assess the competitiveness of the airlines industry. It can review the competition within the industry It also check for the threat from outside Concerns of an Airline 1. Competitive within the airlines. This is the rivalry with other airlines in your existing markets or future markets. 2. Take for example of Malaysia Airline‚ The possible market segments are; a. Geographical markets b. Demographic c. Travel purposes Let view one of the segment‚ geographical for
Premium Airline Malaysia Airlines Aerospace
Lesson: Date: Words: Michael Porter Five Forces Analysis Michael Porter’s Five forces framework as explained by Kotler and Keller (2011) as well as Proctor (2000‚ pg. 103) is an analysis method that involves analyzing a specific sector from five various perspectives in order to establish the nature of competition in the given sector. The five different forces in the framework consists of bargaining power of buyers‚ competitor rivalry
Premium Strategic management Social network service Competition
The importance of mining is definitely significant to Canada. Mining‚ is an important industry‚ and Canadians are very advanced in their mining technology‚ but during the mining process‚ there is certain level of pollution produced. The Canadian government and the mining companies have very good plans and controls toward this problem‚ while ensuring the smooth running of the industries‚ and also helping to create strong economy and employment. The world of today could not exist without mineral products
Premium Mineral Canada Mining
5 Competitive Forces Analysis 1. Rivalry among existing firms(competitors) Competitiveness of enterprises and the current does not play a very important role in Disney’s external business environment. That is true‚ the company’s very high exit barriers. In addition‚ the ability to increase in a very large investment. Therefore‚ there is no strong direct competitors Disney’s business. Competitors‚ such as "Lonely Tunes" retail stores bear the expensive advertising to gain market share.
Premium Walt Disney The Walt Disney Company Walt Disney World Resort
International Application with Porter’s Five Forces Model Casey M. Allen American Military University – BUSN601 Abstract Porter’s Five Forces Model was examined to provide insight into how certain forces can have a direct impact on an industries ability to make a profit and survive competition. Specifically‚ Porter’s model was determined to be especially important when applying its principles to international strategy and the operation of an overseas global business. The reason for this importance
Premium Porter five forces analysis Strategic management Management
Porter ’s Five-force Model and it ’s continued validity as a strategic management tool Porter ’s Five-force model is a theoretical guide to understanding the pressures that are felt by an industry‚ and by analogy‚ on a company. It can be used in such a way as to allow “the strategic business manager seeking to develop an edge over rival firms … to better understand the industry context in which the firm operates” (Porter‚ 1999). The key to any successful (e.g. profitable) business venture is an
Premium Strategic management Management
The Airline industry provides a very unique service to its customers. It transports people with a high level of convenience and efficiency that cannot not be provided by any other industry or substitute. Airline companies pride themselves on the way they treat their customer during the flight. They have things such as food‚ drinks‚ entertainment‚ and a welcoming staff. The service of transportation is provided in other industries but the airline surpasses all of them when it comes to timeliness.
Premium Airline Avianca Southwest Airlines
Bargaining Power of Suppliers In the apparel industry‚ commodities and undifferentiated products‚ such as cotton‚ are purchased in the manufacturing of goods sold to customers. Also‚ cheap labor is abundant overseas for manufacturing needed products. Switching costs are low for this industry‚ allowing firms to easily pick and choose which suppliers they would like to do business with since suppliers offer very similar products‚ which gives suppliers in this industry low bargaining power. Price Sensitivity
Premium Minimum wage First-mover advantage Supply and demand