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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• The Porter Generic Strategy framework enables an organisation to check the logic of its current competitive strategy and if necessary- the organisation can look for a new strategy • COMPETITIVE ADVANTAGE- the ability for a company to add more value for its customers than its rivals (therefore hold a position of relative advantage)….. The key drivers of competitive advantage are cost leadership and differentiation product • COMPETITIVE STRATEGY- the means by which an organisation seeks to achieve
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Competitive Analysis Porter’s Verdict The Porter framework shows that the airline industry is exceedingly unattractive. Nevertheless‚ JetBlue has quickly attained profitability while maintaining its unusual low cost‚ low-fare‚ and high-quality service strategy. Rivalry is High Consolidation notwithstanding‚ rivalry is high as numerous competitors remain in the airline business. Major airlines such as Delta‚ United and American offer a substantially similar flying experience to the customer
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Porters 5 forces Threat of New Entry: Obesity is a big problem in the United States which is becoming a government and healthcare issue. Weight Watchers has played a role in the development of a new national awareness of healthful eating‚ lifestyles changes‚ and weight control. Weight Watchers International had experienced it biggest threat mostly because of new competition and changes in technology. When the over the counter weightless drug launched it had a drastic effect on their market. Switching
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Sharene Salameh WGS209 March 12‚ 2014 -Known as the "King of Pop‚" singer-songwriter Michael Jackson was born in Gary‚ Indiana‚ on August 29‚ 1958. -As a child‚ he performed as the lead singer of the Jackson family’s popular Motown group‚ the Jackson 5. Jackson went on to become one of the most internationally famous award-winning solo pop sensations to date. Jackson’s 2009 death stirred controversy and was ultimately ruled a homicide. Dr. Conrad Murray‚ who had
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Michael Joseph Jackson (August 29‚ 1958 – June 25‚ 2009) was an American singer‚ dancer‚ entertainer and recording artist. Referred to as the King of Pop‚ he is recognized as the most successful entertainer of all time‚ and one of the most influential. His contributions to music‚ dance and fashion‚[1] and a much-publicized personal life‚ made him a global figure in popular culture for over four decades. Alongside his brothers‚ Jackson made his debut in 1964 as lead singer and youngest member of
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Porter Analysis “Starbucks Case” I. Threats of Competitors Now a day‚ Starbucks is very well known in the market‚ so with this competitors are arising rampantly. Small coffee retail outlets are growing rapidly in America and it seems to be multiplying. Based on the study of the Ivey Management‚ there are more than 3485 competitors in the market. All are coffee retailing or even café or with carts. In US‚ they have low barrier to entry in the retail specialty coffee market. This has resulted
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Michael Fred Phelps was born on June 30‚ 1985 in Baltimore‚ Maryland‚ to Fred and Debbie Phelps. The youngest of three children‚ Michael Phelps and his sisters grew up in the neighborhood of Rodgers Forge. His father‚ Fred‚ an all-around athlete‚ was a state trooper; mother Debbie was a middle-school principal. When Phelps’s parents divorced in 1994‚ he and his siblings went to live with their mother‚ with whom Michael grew very close. Phelps began swimming when his two older sisters‚ Whitney (born
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Porter Five Forces – Degree of Competition The UK banking industry is made up of three distinct types of competition which include the following (OFT‚ 2010): · Retail banks - Accept deposits and use these funds to make loans as well as offering other financial products to consumers and firms. Lloyds Banking Group‚ Virgin Money‚ Metro Bank‚ · Universal banks which not only offer retail banking services but also offer wholesale and investment banking services. For example: Barclays‚ HSBC
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Porter analysis of Zara Zara fashion chain‚ with 546 stores in 30 countries today from which 340 are outside Spain- and 2914‚3 millions of total sales in 2002‚ is undoubtedly the group’s locomotive (Inditex‚ 2003). In 2002 it represented 33% of the group’s total stores‚ accounted for 72% of the group’s total sales and contributed to the holding’s total profits for 540.4 millions (Inditex FY2002 Results Presentation‚ 2003). Moreover‚ Zara with 75-90 new stores within 2003 takes the lion’s share
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