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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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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Awareness of the five forces can help a company understand the structure of its industry and stake out a position that is more profitable and less vulnerable to attack. 78 Harvard Business Review | January 2008 | hbr.org STRATEGY STRATEGY by Michael E. Porter Peter Crowther SHAPE THE FIVE COMPETITIVE FORCES THAT Editor’s Note: In 1979‚ Harvard Business Review published “How Competitive Forces Shape Strategy” by a young economist and associate professor‚ Michael E. Porter
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advantage and the forces that affect it.” Strategic Management Dr. Cassell By: Ashleigh Bender Table of Contents: I .) Executive Summary pg. II.) Porters Five Forces Defined pg. • Supplier Power pg. • Buyer Power pg. • Threats of New Entrants pg. • Substitutes Products pg. • Degree of Rivalry pg. III.) Advantage and Disadvantage of Porter’s Five Forces Model pg. IV.) Application of Porter’s Five Forces pg. V .) Porter’s
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Brief – Cool Cream Pvt Ltd owned by Somesh Sharma innovated a ginger ice cream and named it Adrak Ice cream. The concept of a ginger ice cream which would protect the throats of those who relish ice cream was well received during the market test. Current Pricing suggestions – GM Finance and R &D chief– The price should be cost plus 100% profit Sales Team – Low price at the time of introduction so that the product is accepted in the market Othe concerns relating to pricing – Manufacturing
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police roamed the streets‚ seeing little children eat their ice cream. Suddenly‚ one day‚ there was a scream around the block. The police deputy that heard this wasn’t a normal police deputy‚ he was Super Cooper‚ the talking weiner dog. He ran to the crime scene as fast as he could and found a group of young children crying with ice cream stains on their shirts. He asked them what was wrong and they said “A big man stole our ice cream” then continued to sob. Super Cooper knew he needed his trusty
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advantage: the Inditex-Zara case Andres Mazaira  University of Vigo‚ Oureuse‚ Spain E. Gonzalez  University of Vigo‚ Oureuse‚ Spain Ruth Avendano Ä University of Vigo‚ Oureuse‚ Spain Keywords Market orientation‚ Competitive advantage‚ Clothing industry‚ Organizational culture Abstract This paper has been developed as a part of research seeking to verify the effects of organisational culture in general‚ and market orientation in particular‚ on the behaviour and results of managerial organisations
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to Make an Ice cream Sundae • Ingredients o Ice cream (any flavor) o Whip cream o Sprinkles o Hot fudge o Cherry o Fruit (opitional) • Setup o Make sure you have the following: ▪ A bowl for ice cream and hot fudge ▪ Spoon ▪ Scooper ▪ And all ingredients listed above. • Step 1 o Go to the freezer and get your desired ice cream flavor. o Set the ice cream on the table
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* Example: * Let’s take the Sky TV case as a typical example of penetration pricing. Sky TV is launched with a very low price‚ when many companies started using them‚ their prices continued to climb‚ however the product offered is good‚ so it continues to be used. This example also means that when Manac applies this method for their customized product‚ they need to concern more about after-sale service. * For instance‚ Manac is specializing in electrical goods‚ thus‚ the safety as well as
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Amy’s Ice Cream‚ based in Austin‚ Texas‚ is a privately held corporation formed in 1984 with 22 family members and friends as shareholders. To achieve success Amy Miller planned her business carefully‚ incorporated with her patners‚ and differentiated her product from competition. In Austin‚ Miller’s nine ice cream shops sell superpremium flavors worth more than $3.9 million each year. Everything in the stores is designed to provide a memorable and fun experience. Amy Miller‚ CEO‚ wants her customer
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