University of San Carlos College of Commerce P. del Rosario St.‚ Cebu City ------------------------------------------------------------------------------- An Analysis of the Philippine Fast Food Industry using Michael Porter’s Five Forces ------------------------------------------------------------------------------- Submitted to: Ms. Joyce Yang Submitted by; Group 9
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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
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Credibility‚ Endorsed. _________________________________________________________________________ INTRODUCTION In today‟s competitive world consumers are exposed to thousands of voices and images in magazines‚ newspapers‚ and on billboards‚ websites‚ radio and television. Advertisers attempts to steal at least a fraction of a person ’s time to inform him or her of the amazing and different 22 “Celebrity” refers to an „individual who is known to the public‚ such as actors‚ sport figures‚ entertainers‟
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Radio has been one of the most important inventions that continues to aide civilization to this day. In scientific terms‚ radio is part of the electromagnetic spectrum. Electromagnetic waves push into space going the speed of light‚ which is 300‚000 kilometers per second. When equipment is attached to an antenna‚ the energy becomes radio waves. Some of the energy can be received by another antenna‚ and using a radio receiver‚ the energy connects the transmitter and receiver. Information that is added
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Porter’s Five Forces Model of Industry Structure An industry is a group of firms that market products which are close substitutes for each other (e.g. car industry‚ travel industry). Some industries are more profitable than others. Why? The answer lies in understanding the dynamics of competitive structure in an industry. The most influential analytical model for assessing the nature of competition in an industry is Michael Porter’s Five Forces Model‚ which is described below: Porter explains
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THE FIVE COMPETITIVE FORCES THAT SHAPE STRATEGY Porter on his 1979 HBR article states 5 competitive forces that can hurt your desired profits: 1. Established rivals (old competition) 2. Understanding the customer (their needs and desires) 3. Suppliers (how to make it less expensive) 4. New players (new or temporal competition) 5. Substitutes (other services or products that may replace ours) If the forces are intense‚ companies don’t obtain attractive returns for their investments. If forces
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Class 9th-B 26/10/10 Radio Show Akanksha: Good morning to one and all! Welcome to 99.9 FM AIM radio‚ All India Masters radio. This is Harash. Harash: And myself Harash. You almost forgot me there! Anyways‚ today we bring to you some mind-blowing items ranging from news to jokes and music to speech. Akanksha: And do not forget our “meet the star” show where we have two special and important personalities. And we shall start the show with the national song played on the Casio by Parv Saxena
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case Case Discussion Question 1. What is the value proposition of XM to different consumer segments? Who should be the primary target for XM? 2. What aspects need to be considered in pricing the radio receiver and subscription fee? What is the optimal price for monthly subscription? Assume a five-year lifetime for a customer. How would your answer change if the lifetime was longer or shorter? 4. What aspect needs to be considered in allowing advertising to run on XM’s service? How does the
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Porters Five Forces: sports good stores Bargaining Power of Suppliers Supplier bargaining power is likely to be high. *The market is dominated by a few large suppliers rather than a fragmented source of supply‚ *There is the possibility of the supplier integrating forwards in order to obtain higher prices and margins. *Forward integration provides economies of scale for the supplier Bargaining Power of Customers Customers bargaining power is likely to be high *Switching to an alternative
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THE FIVE COMPETITIVE FORCES THAT SHAPE STRATEGY NOTES Competitive Forces 1. Rivalry Among Existing Competitors 2. The Power if Buyers 3. The Power of Suppliers 4. Threat of Entrants 5. The Threat of Substitute Products/Services The extended rivalry that results from all five forces defines an industry’s structure and shapes the nature of competitive interaction within an industry. Understanding the competitive forces‚ and their causes‚ reveals the roots of an industry’s current profit-
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