while maintaining a good number of its customers. This analysis focuses on the five forces identified by Michael Porter which influences an industry. These forces are: potential entrants (barriers to entry)‚ threat of substitutes‚ bargaining power of buyer‚ bargaining power of supplier‚ and rivalry among the existing players. Understanding these competitive forces will help the management of Laba Bubble in determining its position in the laundry industry‚ as well as to determine the current profitability
Premium Barriers to entry Customer Good
experienced growth in deposits from 2000- 2002 | 2 | Scope of Competitive Rivalry | Competition of the industry is Domestic. | 3 | Number of Rivals | Maximum 3 major Competitors‚ Bank of America‚ Citigroup‚ and J.P.Morgan Chase. and Wachovia | 4 | Buyers Needs and Requirements | Safety‚ Efficiency‚ time saving‚ customer satisfaction‚ and availability | 6 | Pace of Technological Change | Technological change is effecting rapidly as new features are introduced. Like Internet Banking‚ Phone Banking
Premium Bank
1. Threat of new Entrants The extent of barriers to entry depends on the strength of- i) Customer has little brand loyalty. If consumers of Airasia do not have brand loyalty‚ then the strength of the threat of new entrants is very high. The high numbers of competitors in the industry also decrease Airasia’s customer loyalty. Most of the travelers prefer low cost. New competitors which want to come in the industry have to spend little to compete with Airasia. ii) High capital requirement. The
Premium Airline Low-cost carrier Malaysia Airlines
1. PORTER’S FIVE FORCES ANALYSIS FOR THE TELECOM INDUSTRY IN INDIA Prepared By Akash Agamya Great Lakes Institute of Management • (2. Introduction India has a total of 960.9 Million telecom subscribers‚ comprising of 929.37 mobile subscribers & (31.53 wire-line subscribers. The Indian teledensity now stands at 79.28%. Rank in world in network size 3rd Teledensity (per hundred populations) 79.28 Telephone connections (In Million) Fixed 929.37 Mobile 31.53 Total 960.9 • 3. Introduction Group
Premium Mobile phone Mobile phone companies of India Mobile network operator
(ii) false 4. Which of the following is not one of Porter’s 5 Forces (i) bargaining power of buyers (ii) threat of substitutes (iii) bargaining power of government (iv) bargaining power of suppliers (v) threat of rivalry 5. Which of the following is false? Bargaining power of buyers is strong when (i) buyers switching costs for substitutes is low (ii) buyers are well-informed about prices and products (iii)
Premium Porter generic strategies Strategic management Multiple choice
“Samsung” case study 1. Introduction: Samsung Electronics Company‚ henceforth called “Samsung” in this case‚ was established in 1969 to manufacture black-and-white TV sets. In 1974‚ Samsung‚ which was a producer of low-end consumer electronics‚ purchased Korea Semiconductor Company and began its semiconductor industry. Under the leadership of the chairman of Samsung Group‚ Kun He Lee‚ Samsung has risen‚ with a remarkable speed‚ to become the world’s leading memory producer‚ ranking 2nd just behind
Premium Lee Kun-hee Samsung Electronics Samsung Group
the “five forces analysis of industry attractiveness” which said the “attractiveness” i.e. profitability of an industry or market is based on five factors which are: Threat of new entrants l Bargaining power of supplier - Rival firms(competition) - bargaining power of buyers l Substitute firms(if you make butter‚ they make margarine and might steal your customers) What this means is the industry should be judged or analyzed by viewing these five factors and comparing
Premium Strategic management Management
Divine Word College of Calapan Gov. Infantado St. Calapan City Oriental Mindoro _______________ An Industry Analysis presented to Ms. Michelle Luzon Microeconomics: Theory and Practice (Instructor) _______________ In partial fulfillment of the requirements in Microeconomic Theory and Practice _______________ By Dave Mher G. Capit Nemesio R. Andaca Jr. Yvanne Vien M. Yongkol Diana Rose C. Legaspi Leneilyn M. Poblete Mialou Kristien F. Licaros February 2013 ACKNOWLEDGEMENT
Premium Higher education Education College
Putting this concept in market setting‚ the speaker or persuader might be the seller as he sells his product and tries to persuade his buyers to buy and to patronize his products or he might be the buyer as he tries to convince the seller to sell his product in much lower price than its actual or usual price‚ as that of the case of bargaining. A persuader (seller or buyer) delivers his proposition (persuasive statement) either overtly manifested (explicit) or covertly manifested (implicit) in many different
Premium Pragmatics Implicature Gricean maxims
surrounds a company‚ measuring its intensity and helping this same company finding solutions to adapt its strategy depending on the type of existing competition. * The threat of entry * The threat of substitutes * The bargaining power of buyers * The bargaining powers of suppliers * The extent of rivalry between competitors. The five forces constitute an industry’s structure. * The threat of Entry & Barriers to entry The threat of entry is low when the barriers to entry are
Premium Perfect competition Monopoly Competition