GOOGLE: PESTEL & Porter’s Five Forces Analysis Table of Contents 1. Introduction 2. PESTEL Analysis 2.1 Political 2.2 Economic 2.3 Social 2.4 Technological 2.5 Environmental 2.6 Legal 3. Porter’s Five Forces Analysis 3.1 Threat of New Entrants 3.2 Threat of Substitution 3.3 Supplier Power 3.4 Buyer Power 3.5 Industry Rivalry 4. Conclusion & Recommendations 5. References 1.0 Introduction Google Inc‚ a global technology company‚ founded in 1998 by Larry Page and Sergey Brin
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Porter’s Five Forces of Industry Attractiveness Michael Porter’s Five Forces model explains the importance of how market dynamics can affect competitive rivalry. This model includes three forces from the ‘horizontal’ competition: threat of new entrants‚ threat of substitution products‚ and the degree of rivalry among existing competitors; and two forces from the ‘vertical’ competition: bargaining power of customers and the bargaining power of suppliers. These five factors make up the Porter Five forces
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Five forces Analysis of Crown Cork& Seal in 1989 Part1. Competition analysis of metal container industry Bargaining power of suppliers 1. There are only three major aluminum suppliers‚ Alcan Aluminum‚ Alcoa‚ Reynolds Metal. They have obtained strong power by dominating and controlling the primary aluminum and aluminum production market. They are more concentrated than metal container industry. 2. These aluminum producers control huge aluminum resource so that the can manufacturer
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matrices and models. Porter’s Five Forces The attractiveness of the Industry in 1998 can be gauged by the use of Porter’s Five Forces Framework for Industrial Analysis. The Five Force Framework‚ which was unveiled by Michael E. Porter‚ of Harvard University‚ in his book‚ Competitive Strategy (1980) is used in understanding the attractiveness of an industry environment for the “average” competitor within it (Ghemawat‚ 2002). The Five Forces recognised by Porter include: 1. Suppliers Suppliers
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Table of Contents Assignment Question ASSIGNMENT 1 1. Michael Porter’s five forces model is a popular framework used for analysing the competitive structure of an industry. With reference to an industry you are familiar with‚ discuss the application of this model in the analysis of the given industry. 2. The success of the Mauritian tourism sector has been attributed to a large extent to the possession of core competences by the tourist operators. (i) Explain the
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Porter’s five forces Michael E. Porter claimed that there are five competitive forces which can shape every industry by identify and analysis those five forces(appendix) and thus determine strengths and weaknesses of the industry. Those five forces are now used to determined Air Asia’s strengths and weaknesses which are shown as below: Threat of Entry There is a high barrier entering airlines industry since it requires high capital to set up everything such as purchase or lease air craft
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The domestic Retail Store industry is mature and highly competitive. We can use the Porter’s five forces analysis to assess the attractiveness of Retail industry and its profitability in long run: Threat of New Entrants The number of independent retailers has been decreasing over the years; most of the retailers are chain stores nowadays. The vertical structure and centralized buying of the existing chain retailer established a competitive advantage that stops independent retailer to enter the
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Assignment FIVE FORCE MODEL Introduction Michael Porter (1980) has identifies five forces that determine the intrinsic long run attractiveness of a market or a market segment in other words the competitive structure of an industry can be analysed using Porter’s five forces. Attractiveness in this context refers to the overall industry profitability. The overall industry attractiveness does not imply that every
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ENVIRONMENTAL ANALYSIS MICRO - Michael Porter’s Five Forces Analysis 1) Threat of New Entrants: The toy industry is highly competitive. Further‚ the existence of established competitors combined with the need for huge capital investment‚ economies of scale and strong distribution network; keep the threat of new entrants into the traditional games industry is relatively low. 2) Threat of Substitutes: The highest pressure faced by Lego comes from substitutes. A substitute is anything which competes
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Buyer Power Conclusion questions: 1) To what extent do individual buyers have the ability to negotiate low purchase prices with typical firms in this industry? a. Answer- Consumers can’t negotiate prices with fast food restaurants. However‚ there is a large degree of internal rivalry in the industry‚ with a very strong cross-price elasticity present in the industry. This encourages low prices due to a strong degree of substitution and gives consumers back some power. 2) To what extent do purchase
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