Hospitality Management Airbnb: Porter Five Forces Subject: Strategic Management Teacher: Marina Cassilha Group Members: Cheng Bustamante‚ Rebeca Trillo Murrieta‚ José Lima – Peru 2015 Index Page 1. Bargaining power of customers (buyers) 3 2. Bargaining power of suppliers 3 3. Threats of new entrants 4 4. Threats of substitute products or services 4 5. Intensity of competitive rivalry 5 6. Bibliography 5 1
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concept was first introduced by Michael Porter in his 1985 book “Competitive Advantage.” A value chain is a set of activities that an organization carries out to create value for its customers. Porter proposed a general-purpose value chain in which he felt it was important for companies to examine all of their activities and see how they’re connected. According to Porter‚ going through the chain of organization activities will add more value to the product and services than the sum of added cost of these
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[pic] ----------------------- Substitutes Beer‚ Milk‚ Coffee‚ Bottled Water‚ Juice‚ Tea‚ Powdered Drinks‚ Wine‚ Sports Drink‚ Distilled Spirits‚ Tap Water etc… There is a wide array of substitutes that consumers may choose. These products are widely and easily available at low price. Hence the threat posed by these substitutes exist at a high level. However these risks can be mitigated through diversification and offering more products in the portfolio. Since the range and the number of
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Hello Fionnula! How have you been after this long‚ long time? How are little Edmund and Lucy getting long? I know it has been tough for you ever since James was taken by the Black Plague‚ raising those children by yourself. If it’s any constellation I think you did a marvelous job‚ and I pray that neither you or your children that you have not attracted any horrid diseases. All sorts of plagues have hit us these last few months so I began to worry about you. Do you remember your old friend‚ Susan
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that mark the language use of individuals and social groups. Although stylistics sometimes includes investigation of spoken language‚ it is usually concerned with the examination of written language‚ particularly literary texts. The stylistic analysis of a text involves the description of a writer’s verbal choices which can be abstracted as style. The word STYLE‚ from which “stylistics” is derived‚ has a number of definitions. For example‚ “Shakespeare’s style” may refer to some or all of the
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Warner facilitate for a wide range of customer types with their products and services they offer. Their products and services include; HBO‚ Time inc‚ Tuner broadcasting system and warner brother entertainment. Within these services there’s a variety of subsidiaries like‚ sports illustrated magazine (Time inc). They really try to accommodate for as many consumers as possible‚ focusing on the range of their products/services. Warner Brothers being a subsidiary of Time warne‚r really emphasises the fact
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04/19/2014 WGU JET2 Financial Analysis Task 5‚ Part I - PASSED To: Vice President for Chief Financial Officer (CFO) The following is a summary report is an analysis of the current financial statements of Custom Snowboards Inc. The company wishes to be considered for an extended long term loan for a European expansion. We have arrived at a selection of key financial statement line items‚ conducted a risk assessment‚ and ratios and if the loan is granted‚ analysis on how to track the progress
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FDI in multi-brand retail will benefit farmers‚ says Bhupinder Singh Hooda GURGAON: Haryana Chief Minister Bhupinder Singh Hooda today said he was in favour of FDI in multi-brand retail from the very beginning. "FDI in retail will help farmers. They will get right prices of their produce because companies will purchase directly from them‚" Hooda told reporters here after the inauguration of Rapid Metro’s trial run. Consumers would also get quality products at comparatively cheaper rates
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Knowledge? According to Plato’s theory that knowledge is justified true belief‚ in order to know that a given proposition is true‚ one must not only believe the relevant true proposition‚ but one must also have a good reason for doing so. In his paper‚ Edmund Gettier argued that there are situations in which one’s belief may be justified and true‚ yet fail to count as knowledge. He presented two examples to show that it is possible for a person to be justified in believing something that is thought to
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Porter’s Five Modules Porter’s Five Forces is a groundwork for industry analysis and business strategy development which was invented by Michael Porter in 1979. Three of Porter’s five forces relates to competition from external sources. The remaining two are internal threats. These five forces include three forces from horizontal competition such as the threat of substitute products or services‚ the threat of established rivals‚ and the threat of new entrants. The two forces
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