MODULE 1 Subject Matter: THE COMPUTER AS AN ORGANIZATIONAL INFORMATION SYSTEM Introduction: This module traces the evolution of the computer as it has been applied to an expanding scope of business with IT applications. The first application involved the handling of accounting transactions and was called data processing. Then‚ managers and computer scientists recognized that for greater potential existed in the form of information
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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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Michael Porter in his article “The-competitive-advantage-of-nations-(1990)” discusses how a firm or a region can build competitive advantage and strategy. Porter argues that Competitive advantage is often not an outcome of favorable factor and macro-economic conditions as classical economists insists. A nation’s competitiveness depends on the ability of its industries to innovate. Porter introduces the concept of “the diamond of national advantage” - a system that some nations establish for its industries
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Market‚ Industry and Competitive Analysis of Yamaha Indonesia Industry Analysis: PORTER’S 5 FORCES MODEL Threat of New Entrants : LOW In the Indonesia motorcycle market‚ several significant barriers to entry exist‚ making it difficult for new competitors to enter the market easily. The Political/Legal barrier to entry is perhaps the most significant one. Unlike other industries in Indonesia‚ the automotive industry is highly regulated. The Indonesian Government imposed a complete ban on
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PORTERS Five Forces Model The porter’s five forces model argues that the more limited is the ability of the firm to raise the prices and earn greater profits. A competitive force plays an important threat in reducing the profit to the company. Bargaining power of Suppliers Suppliers always play vital role in any industry because the quality of the raw materials will influence the value of the finished goods that are delivered by that organization. If the supplier’s power is high it will increase
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Porter’s Five Forces Levi’s Strauss Power of buyers is high. * Even though Levi’s is a hallowed name in the market‚ the power of buyers is relatively high considering the fact that they can easily change to other brands. * Switching cost is low. * Power of buyer is high because the product is standardized. Power of suppliers is low. * Competition within manufacturer is high since it is mass-produced. * Manufacturer is located in many third world countries:
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Michael Porter 5 Forces Porter’s five forces of competitive position analysis is a simple framework for assessing and evaluating the competitive strength and position of a business organization that formed by Michael E. Porter of Harvard Business School in 1979. Basically‚ the concept of this theory is actually based on the five forces model that uses to determine the intensity of competition and market attractiveness. Therefore‚ strategic analysts are often to use Porter’s
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The bargaining power of customer is high because they can cheaply and easily change. The demand is very elastic and the information is not asymmetric. First because the market is price in-elastic. The change in the price of the product does not cause a significant change in the demand of the product. And also because most of the products are standardized‚ it is difficult to respond to consumers requirements in constantly innovating and creating additional value. Consumers have more choices but
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NUCOR AT A CROSSROADS CASE ANALYSIS NUCOR’S SUSTAINED PERFORMANCE RECORD PORTER’S 5 FORCES ANALYSIS • Supplier Power: With the eventual exit of integrated steel companies from buying scrap‚ the options available with suppliers to sell‚ reduced. Nucor started several small plants that were close to suppliers & customers‚ thereby reducing transportation costs. Also‚ the sites chosen had inexpensive electricity. Their employee-centric policies resulted in them having lowest attrition levels
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luxury items .The tax regime is another very convincing force. The copies and infringement could be something that saffron art has to deal with .since all the items sold by the gallery is highly private the status associated with a gallery of this kind is a social symbol. Michael Porter’s five force analysis gives a perfect insight of how the firm reacts to the outside environment and to the internal capabilities. This study of the five forces model would have allowed Saffron art to gain its leadership
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