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 to give
Premium Management Strategic management Psychology
5 forces analysis of the video game console industry a. Rivalry among competing sellers There are lots of game console companies all over the world‚ but the main competitors who dominated the industry is only three: Nintendo、Sony、Microsoft. The switch cost of buyers is low because with the maturing of the industry‚ the main competitors are competing by innovating and offering service similar to competitors. And there are only three main competitors in the industry; the limit of choice reduces
Premium Video game console
Mouhtarim Chaïmae (N: 12001156) El Madini Issam (N: 12001182) Academic year 2013/2014 OUTLINE: History of Facebook Facemash TheFacebook Facebook The impact and use of Facebook Social Economical Political Disadvantages Facts History of Facebook Facebook is the largest social network in the world today‚ but how did it all begin? The original website was initially limited to Harvard students only‚ but quickly expanded to additional colleges in the Boston area‚ other
Premium Facebook
Domestic drug manufacturers have cast their eyes overseas for growth and four of them have received the certificate of pharmaceutical product (CPP)‚ one of the pre-requisites for obtaining an export licence from the Department of Drug Administration (DDA). According to the DDA‚ Lomus Pharmaceuticals‚ Deurali-Janata Pharmaceuticals‚ Elder Pharmaceuticals and National Health Care Nepal have received the CPP. The CPP is a must for drug manufacturers wanting to export their products. Once the CPP has
Premium Pharmacology Pharmaceutical drug Drug
hasn’t changed over the years‚ the benefits for consumer‚ supplier and third parties involved has increased. Also‚ the way of earning revenues from running a virtual community has changed slightly. The business I will exemplify my arguments is a social network draugiem.lv‚ which has been the most visited site in Latvia for the last 2 years. In its essence it incorporates also other business models described by Timmers. Draugiem.lv was founded on March 24th‚ 2004 by a 26-year-old entrepreneur
Premium Social network service Business model Social network
Barriers on an industry always have a major effect for new and upcoming business. In the food industry the pile of Governmental red tape is long and ugly. Almost any service that has anything to do with serving the general public with food has to meet set standards by the food and drug administration and health departments and U.S. Department of Agriculture. Furthermore‚ the regulations and inspections on the State and Local levels a food company must comply with. The food industry is a tough
Premium Competition Food industry Food
in the society is the existence of online social networking worldwide. According to Ron Jones’ definition of social networking as stated by Siapera (2012‚ it is essentially a category of online socializing where people are talking‚ participating‚ sharing‚ networking‚ and bookmarking online. Everything now looks great when one creates a profile within a particular site and starts to get involved in this type of virtual communication. Needless to say‚ social networking sites have drastically altered
Premium Social network service Facebook Social network aggregation
PORTER ’S VALUE CHAIN ANALYSIS The porter’s value chain is a model that helps to analyze specific activities through which firms can create value and competitive advantage. There are two activities in value chain which are: Primary activity – directly concern with creating and delivering a product. Support activities – not directly involved in production‚ may increase effectiveness or efficiency. PRIMARY ACTIVITIES | DESCRIPTION | Inbound Logistic | * Concerned with receiving
Premium Marketing
this purpose‚ Porter identified a range of interrelated generic activities common to a wide range of firms. The resulting model is known as the value chain. According to Porter (1985)‚ " Competitive Advantage arises out of the way firms organise and arrange discrete activities". Through using the Value Chain‚ the activities performed by a firm competing in a particular industry can be grouped into categories as shown in the model below: Upstream Activities Downstream Activities Porter distinguishes
Premium Value chain Strategic management Management
Rivalry Unlike what one would expect‚ KFC has little rivalry with similar fast-food chains in China. The primary reason is that their core products are different‚ as in they sell different kinds of fast-foods with very different tastes and styles. For example‚ if KFC raised its price for chicken by a small amount‚ Chinese chicken lovers who may not be as accepting to pizzas (many Chinese people strongly dislike the taste of cheese) are not going to switch to Pizza Hut just because the price
Premium Fast food Pizza Hut Hamburger