PORTER’S 5 FORCES Porter’s 5 forces model allows to analyse the factors outside the Cruise industry that influence the nature of Carnival competition within it‚ the forces inside the Cruise industry that influence the way in which Carnival compete‚ and so the company’s likely profitability. With an understanding of where power lies‚ Carnival can take advantages of a situation of strength‚ improve a situation of weakness and avoid taking wrong strategies. Porter has identified five competitive forces that
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Table of contents BMW: case study analysis Q1: Business environment and main trends in 2004 The global car market started decline in 2003‚ led by market falls in North America and Western Europe. Other regions of the world led by East Asia are seeing further car market expansion in 2003. In 2004‚ projections for livelier economic growth underpin the resumption of car market growth in Western Europe and North America. (Langley 2004‚ p691-711) Although the more stringent laws can eat away at
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What are the five competitive forces described by Michael Porter? Comment on them briefly 1. Threat of entry New entrants to an industry bring new capacity and a desire to gain market share that puts pressure on prices‚ costs‚ and the rate of investment necessary to compete. Particularly when new entrants are diversifying from other markets‚ they can leverage existing capabilities and cash flows to shake up competition‚ as Pepsi did when it entered the bottled water industry‚ Microsoft did when
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[pic] Porter’s Five Forces Model: Industry Analysis The External Analysis framework‚ also known as Porter’s five forces‚ is one the fundamental business models widely used by businesses and managements consultants. Originally created by Michael Porter‚ it is applied for assessing market forces within an industry and developing strategic recommendations. [pic] PORTER’S FIVE FORCES Michael Porter had outlined the following 5 key external market forces: Supplier and Buyer
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DOES MARK AND SPENCER HAVE A FUTURE? In the second of our series of articles on leading British companies‚ we look at the recent woes of the country’s most famous retailer The country’s most famous retailer MARKS & SPENCER’S big store in London’s Kensington High Street has just had a re-fit. Instead of the usual drab M&S interior‚ it is now Californian shopping mall meets modernist chrome and creamy marble floors. Roomy walkways and designer displays have replaced dreary row after row of clothes
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2.2 Porters Five Forces Analysis Bargain Power of Customers: High • VYP’s customers are very large broadcasting corporations‚ which gives the corporations high bargaining power. • The Indie market is saturated. Bargain Power of Supplier: Medium • There is a large number of outsourcing companies that specialize in a variety of services. • There is a large pool of actors and experienced directors to choose from in the market. Competitors’ Rivalry: High • There is a large number of production
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The twelve year return-on-equity data for the Tobacco Industry of 27.9% is substantially above the all-industry average of 14.1% given in the Business Week data. Examining Porters five forces reveals the keys to the Tobacco industries superior profit performance. The price customers are willing to pay for a product depends‚ in part‚ on the availability of substitutes. The absence of close substitutes in the case of cigarettes means that consumers are comparatively insensitive to price increases
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External Environment Five Forces Analysis – Luxury accessories Force Threat level (high or low) The Threat of Substitutes High Substitutes include: Counterfeiters‚ Not using luxury accesories High Power of Buyers High Many buyers relative to rivals? Yes -> Low Need the item? No -> High Have all the information? Yes ->High Lots of substitutes? Yes ->High Product performance is critical? Yes ->High Product differentiation is possible? Yes->Low The Threat of Entrants High‚ but not
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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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TOYOTA Pakistan Indus motor co. -: INTRODUCTION:- HISTORY: Indus Motor Company (IMC) is a joint venture between the House of Habib ‚ Toyota Motor Corporation Japan (TMC) ‚ and Toyota Tsusho Corporation Japan (TTC) for assembling‚ progressive manufacturing and marketing of Toyota vehicles in Pakistan since July 01‚ 1990. IMC is engaged in sole distributorship of Toyota and Daihatsu Motor Company Ltd. vehicles in Pakistan through its dealership network. The company was incorporated in Pakistan
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