Analyze any industry of your choice in Turkey ‚using Porter’s Five Forces industry analysis framework. Mobile Communication Market. The Ministry of Transportation and Information Technologies and Communications Authority (ICTA) is an independent telecommunications regulator with financial and administrative independence in Turkey. It has an authority to grant licenses and set fees in the sector. Turkcell operation was a beginning of GSM-based mobile communication in Turkey in February 1994
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1. PORTER’S FIVE FORCES MODEL Porters five forces‚ as a powerful analysis tool‚ enables managers in corporations to analyze the current situation of their industry in a structured‚ easy-to-understand way. From a strategic management perspective it is useful for managers in any organization in the same industry or sectors to understand the five competitive forces acting on and between organizations in the same industry and or sector since this will determine the attractiveness of that industry
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Michael Porter’s 5 Forces Competitive Rivalry within an Industry (High) The intensity of competition in the kopi-kaya toast industry is high. Coffee Box competes with popular chains like Toast Box‚ Ya Kun Kaya Toast and Wang Cafe whom -- with their huge base of existing customer -- owns a major portion of the market share. The high rivalry among competing firms are also due to the similar offerings of menu items. Competitive Rivalry within an Industry (High) The kaya and toast industry is
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Porter’s Five Forces Competitive Rivalry within the Industry (Low) * Because EYS is the market leader in Singapore (http://www.euyansang.com/index.php/eu-yan-sang/profile) * Eu Yan Sang has been growing ever since year 2000 (zahira’s research). Threat of New Entrants (High) * There are many Chinese in Singapore and many China nationals coming into Singapore (http://www.guidemesingapore.com/relocation/introduction/people-of-singapore). Therefore importing of chinese medicinal products
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1. PESTEL: Strategic analysis is basically concerned with the structuring of the relationship between a business and its environment. The external environment which is dynamic and changing holds both opportunities and threats for the organizations. The organizations while attempting at strategic realignments‚ try to capture these opportunities and avoid the emerging threats. So it is very important for organizations like Intel to study and understand about the external environment. To do this
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• Potential Competitors: Medium pressure o Grocers could potentially enter into the retail side. o Entry barriers are relatively high‚ as Wal-Mart has an outstanding distribution systems‚ locations‚ brand name‚ and financial capital to fend off competitors. o Wal-mart often has an absolute cost advantage over other competitors. • Rivalry Among Established Companies: Medium Pressure o Currently‚ there are three main incumbent companies that exist in the same market as Wal-Mart: Sears‚ K Mart
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Q) Primark‚ one of the UK’s most popular retailers of budget clothing‚ has been rated the country’s “least ethical retailer”. With reference to Primark or any business you have studied‚ to what extent does a company’s ethical stance determines its long term success? = In recent years‚ changes in consumer concerns have led many firms to consider the ethical behaviour. Not everyone agrees on what’s ethical‚ but opinions differ on whether it is unethical or not. Primark has been considered as the “least
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number (e.g.‚ 25% of the market presence) to support your analysis. 4. Threat of substitutes: Generic brands are more likely to be considered as “competitive” products. Yes‚ CAM and alternative medicine are substitutes. However‚ there are many ways to prevent sickness (e.g.‚ a healthy lifestyle). I think there is no “perfect” substitute to treat disease and sickness in most cases. 5. A good discussion on how the five competitive forces affect profitability of the pharmaceutical industry.
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Explanation of Disney’s success To understand how Disney could be and still is so successful I will start by using Porter’s Five Forces that shape strategy (1979). Porter distinguishes five forces that explain the competitive power in an industry. Awareness of the five forces will help a company to understand its industry and mark out a position that is more profitable and less vulnerable to be attacked by competitors. Disney has found a very distinguishing niche in its industry and therefore
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PORTERS FIVE FORCE MODEL Porter’s Five force model includes 4 forces: * Potential Entrants(Threat Of Mobility) * Buyers(Buyer Power) * Substitutes(Threat Of Substitutes) * Suppliers(Supplier Power) * Industry Rivalry Application on the Telecom Industry: The forces that affect the Telecom Industry:- INDUSTRY RIVALRY: The above shows the different market share of the different firms such as Airtel which holds 28% of the total share being the highest ‚ Vodaphone
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