THE CITY UNIVERSITY OF NEW YORK LEHMAN COLLEGE ECONOMIC ANALYSIS FOR MANAGERS ANALYSIS OF CON EDISON BY USING MICHAEL PORTER`S FIVE FORCES MODEL INSTRUCTOR: MINE AYSEN DOYRAN STUDENT: Recep Maz What makes electric utilities (Con Edison) monopolistic and why? Support your answer by referring to AT LEAST 2 FORCES outlined in MICHEAL PORTER’S Five Forces of Analysis Historical facts about Con Edison Company I would like
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PORTER Analysis Competitive rivalry: In United States as in Sweden‚ we can observe there are some companies operating in the furniture industry and there are many on the market retailers like Home Depot‚ Wal-Mart‚ Costco‚ Euromarket‚ etc... The import of products from China for all these companies allows them to sell at low cost. These elements therefore tell us that the furniture industry is very competitive. There is an analysis of the rivalry of IKEA in this sector: IKEA works in a highly
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Beyond Porter – A Critique of the Critique of Porter The writings of the American managementguru and Harvard-Professor Michael E-Porter are considered to be among the most influential of their subject – and among the most critiqued ones. Porter had a lasting influence on strategic management with his books about competitive advantages on industry level and on global level‚ which were written in the eighties. Porter’s models like the Five Competitive Forces‚ the Value Chain or Porters Diamond have
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Vijf Krachtenmodel van Porter Kracht van de afnemer De collectie van de outletwinkels van Ralph Lauren is afkomstig van de normale volprijs winkels en uit de fabriek (Polo Ralph Lauren Corp. Annual Report‚ 2009). De overproductie wordt doorgestuurd naar de outletwinkels‚ waardoor zij in staat zijn te bestaan. Dit betekent dat de klanten geen inspraak hebben op de aanwezige collectie in de outletwinkels. Ook heeft de klant geen inspraak op de prijs. Ralph Lauren heeft als streven het leveren van
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Should it focus on identifying a microcosm of the industry or serve the entire market? According to Michael C. Porter‚ the porter’s three (3) generic strategies are very important strategies‚ which can be applied to products and services in any industry or organization regardless of its size. The Three Porter’s Generic Strategies In order to gain competitive advantage‚ Michael Porter developed three generic strategies that a company could use; The Cost Leadership Strategy‚ The Differentiation Strategy
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Porter’s 5 Forces Analysis- Need to include one consistant example-The conclusions/improvements that can be drawn from Porter’s 5 Forces-Every force should have a fancy quote and reference Introduction Developed by Michael E. Porter‚ “Porters 5 Forces” have shaped a generation of academic research and business practice. Intense forces lead to less attractive returns on investment as can be seen in the airline textile and hotel industries. Benign forces exist in industries such as software‚ soft
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PORTERS FIVE FORCES Threat of new entrants: Since nokia was a profitable market. It becomes bait and other companies would like to join. Unless the new entry firms can be blocked‚ the revenue or profit will reduce. However in other to be able to compete with established firms‚ new entrants will need to invest highly in technology and marketing. Hence the threat of new entrants is very low. Power of suppliers: Nokia has a number of suppliers who provide them with equipment’s. Hence nokia could
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Most discussions of the competitive success of nations look at aggregate‚ economy-wide measures like the balance of trade. Porter chose a different starting point‚ beginning with individual industries and competitors and building up to the economy as a whole. Nations do not compete in the marketplace—business firms do‚ and the performance of individual companies in particular industries in where competitive advantage is either won or lost. The home nation influences the ability of its firms to succeed
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importance on their long term relationships with suppliers and their aim is to ensure customers receive a consistent product quality. Analysis of McDonalds Corporation using the Porters 5 forces model to asses its competitive position in the fast food industry. As the name suggests the Porters 5 Forces model focuses on 5 key factors affecting the environment in which a business operates. They are 1) Competitive rivalry 2) Power of suppliers 3) Power of buyers 4) Threat of substitute
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Porter five forces analysis From Wikipedia‚ the free encyclopedia A graphical representation of Porter’s Five Forces Porter five forces analysis is a framework for industry analysis and business strategy development. It draws upon industrial organization (IO) economics to derive five forces that determine the competitive intensity and therefore attractiveness of a market. Attractiveness in this context refers to the overall industry profitability. An "unattractive" industry is one in which the
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