Introduction 2.Substitute products 3.Bargaining power of customers 4.Bargaining power of suppliers 5.Entrance barriers 6.Usefulness of the Five forces 7.Limitations of the five forces Model 8.Porter in the airline industry/Ryanair Introduction The model of the Five Competitive Forces was developed by Michael Porter in his book Competitive Strategy: "Techniques for Analyzing Industries and Competitors" in 1980. Since that time it has become an important instrument for analyzing an organisations industry
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Blood diamonds have greatly affected the native populations in Africa. For example during the war in Sierra Leone‚ which started in 1991 and ended in 1999‚ the RUF took advantage of the native people because they could not defend themselves. This war that took place in these years claimed over 75‚000 lives and caused many native people to become refugees. They would take young girls and women away from their families and force them into sexual slavery. Many of these girls did not have a choice because
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Apple to determine how this competitive environment affects the competence in our evaluated firm. Then comes the internal analysis to determine if Apple has or not the tools to be considered as a firm with a competitive advantage above its rivals. Porter´s Five Forces Analysis: New Entrants’ Threat: * Because of standardization of PC components and thanks to the economies of scale‚ the prices came down significantly in this industry‚ this represents a great barrier to new entrants who has to
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New Venture Porter five forces – the pure competition model implies that the risk adjusted rate of return should be constant across firms and industries. However‚ there is number of economic studies have affirmed that different industry could sustain different levels of profitability. Part of the difference is explained by industry structure. Michael Porter has provided a framework to identify an industry as being influenced by five forces (Anon‚ 2010). Barriers to entry It can be complicated
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McDonald’s: Is China Lovin’ it? Executive Summary This case studies McDonald’s’ business model as it develops to achieve success in the Chinese market. Issues addressed included how to retain McDonald’s’ image of cultural Americana‚ yet adapt to satisfy pallets and appeal to patrons in Chinese culture. 1. What is the purpose of conducting an external environmental analysis? What are the general environmental forces that could influence or have influenced McDonald’s development in China? The purpose
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Jared Diamond argues that the ultimate explanation for why Europeans became a global powerhouse in the 15th and 16th centuries instead of the Chinese is because European civilization was established upon rainfalls – wheat and grain‚ which will develop anyplace‚ as long as parts of the year rains. Which this permitted farming groups‚ towns‚ villages and in the long run urban areas to rise self-rulingly‚ all over Europe. In making this argument‚ Diamond deemphasizes important political‚ cultural‚ technological
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Porters 5 forces for Flipkart Threat of New Entrants : Industry seems to have very high potential but is at its nascent stage. Lots of scope of growth in the future Many small players might enter to explore the market High capital investment is required as it is still in the nascent stage. Would not be much of a deterrent as venture capitalists are interested in investing‚ as they see a future in it. Flipkart is already an established its brand name and network across the nation
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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
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Suzy Porter is a fourth grade‚ public school‚ student with mild cerebral palsy. It has not been determined which type of cerebral palsy she has‚ whether it is spastic‚ athetoid‚ ataxic or mixed. However‚ it is known that she has some difficulty with her gross and fine motor skills. She has a learning disability and difficulty with penmanship which is probably due to her limited fine motor skills. Currently‚ Suzy spends the majority of the school day in a regular classroom where she receives one on
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Botswana: A Diamond in the Rough The Harvard Business School case study “Botswana: a diamond in the rough” deals with various reasons how Botswana became within 40 years the most successful economy in Sub-Saharan Africa. The case study leads through Botswana’s history before the colonization by the British Empire until today‚ stating several factors which made Botswana more successful compared to it’s neighbour countries in Sub-Sahara Africa. Within only 30 years a very rapid economical growth
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