[pic] Question: Use Porters Five Forces Model to analyse your industry. Answer: Threat of new entrants In most industries‚ and especially in the Electrical Transformer industry‚ a new company cannot enter the market at an equal level with those of already established companies due to the number of barriers that exist‚ that will prevent them entering on equal grounds‚ some of these are as follows‚ · The cost of a new company staring up would be so large due to the large amount of new
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profitability; the more profitable the industry the more attractive it will be to new competitors. Threat of new entrants‚ sources. 1)Economies of scale‚ 2)Product differentiation‚ 3)Cost disadvantages independent of size‚ 4)Access to distribution channels‚ 5)Government Policy. Threat of substitute products or services The existence of products outside of the realm of the common product boundaries increases the propensity of customers to switch to alternatives. For example‚ tap water might be considered
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It’s like a whole new world is in that hotel. 5. The external and internal areas are not that attractive‚ because it’s paved with white concrete and no a lot of light can come in the hotel. 6. The author of the article interprets that there will not be a resistance to capitalism because there’s nothing to do in this building and it’s dull with cheap shops. There’s no threats on ii. Sydney Opera House 1. Australia. Created by Jorn Utzon. 2. “Masterpiece of late modern architecture” Part of World Heritage
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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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Kyle Wrage Totalitarianism in the 1930’s Karl Marx’s Theory of History and the Recovery of the Marxian Tradition: Science & Society 8-22-12 Pages. 42‚ 30-54‚ 235-239 Marx had predicted that under communism the state would wither away. The opposite occurred under the Stalin. He turned the Soviet Union into a totalitarian state. In this form of government‚ a one-party dictatorship attempts to regulate every aspect of the lives of its citizen. You have already seen how Stalin purged political
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that impact a company via the usage of competitive advantage. Porter is a recognized leader in competitive analysis elaboration‚ who has elaborated five forces theory‚ which states that competitive advantage comes from the ability to gain profit via investment in an industry sector with higher than the average return. He is the author of main models on determination of main competitive forces and variants of competitive strategies. Porter believes that the market share‚ the profit level of a company
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he caused pain and suffering to many innocent people. Adolf Hitler was a bitter man not caring what he did or what his soldiers did to these people. Adolf Hitler was the cause of World War II. September 1‚ 1939 was the start of a tragic war that killed‚ mutilated and hurt many due to Hitler wanting world domination and the need for everyone to be the same‚ German. The Prime Minister of England Neville Chamberlain and the Prime Minister of France unsuccessfully tried to stop Hitler f
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In Malaysia‚ Giant will step into the age of 66 in year 2010; they are pioneer in the concept of modern supermarket shopping and has been ranked 11th of Most Valuable Brand in year 2007 and 12th in 2008‚ they also rewarded as the Top Retailer in Malaysia and Best of the Best in Asia Pacific Retailer’s Award for 2 consecutive years in 2007 and 2008. They also succeed in the Best Brands in Consumer (Hypermarkets)‚ Brand Laureate Award 2007/208 for Corporate Branding and also the Excellence Service
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Running head: PORTER’S STRATEGIC FRAMEWORK Porter Five Forces Analysis Managerial Economics – MBA 500 Instructor: Professor Franklin By: LaTonya Perryman Submitted in partial fulfillment of the requirements for the degree of Master of Business Administration Concordia University Wisconsin November 1‚ 2011 Table of Contents Introduction……………………………………………………………………………3 Michael Porter’s Strategic Framework…...……………..……………………..………3 The Long-run Efficiency Implications of an Oligopoly……………………………
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Executive Summary Porter Airlines is a continued success in the short haul air travel business. Its low cost structure has enabled them to be proactive in the industry and gain a fairly large market share. Porter’s strategic successes include its quick turnaround time upon departure and arrival‚ its competitive ticket pricing‚ web ticket sales and its exceptional customer service. In addition‚ Porter’s low cost and low maintenance on their Q400 turboprops give them a competitive
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