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2. 5 enumerate and discuss Porter's give forces
Answer:
Porter's Five Forces is a framework for analyzing a company's competitive environment. The number and power of a company's competitive rivals, potential new market entrants, suppliers, customers, and substitute products influence a company's profitability.
3. 1. Define Porter's 5 Forces. What is its purpose?
Answer:
Porter's Five Forces is a model that identifies and analyzes five competitive forces that shape every industry and helps determine an industry's weaknesses and strengths. Five Forces analysis is frequently used to identify an industry's structure to determine corporate strategy.
Explanation:
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Answer:
Porter's Five Forces is a model that identifies and analyzes five competitive forces that shape every industry and helps determine an industry's weaknesses and strengths. Five Forces analysis is frequently used to identify an industry's structure to determine corporate strategy.
Explanation:
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4. In porters five forces model the threat of new entrants relates to.
Answer:
In Porters five forces, threat of new entrants refers to the threat new competitors pose to existing competitors in an industry. Therefore, a profitable industry will attract more competitors looking to achieve profits.
5. product idea and what are the porters five forces of competitive position analysis
Answer:
The Five Forces are the Threat of new market players, the threat of substitute products, power of customers, power of suppliers, industry rivalry which determines the competitive intensity and attractiveness of a market.
6. Activity 2: Porter's Five Forces of Competitive Position Evaluate the three Highest Sales of rubber shoes NIKE, ADIDAS and REEBOK using the Porter's Five Forces principle.
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Answer:
Nike is known as a brand of sports shoes mainly. However, it also makes athletic apparel and gear. The recent years have been quite profitable for the brand. It is because of the athleisure trends and for the high demand during the Olympics. Nike’s Just do it slogan and the Swoosh logo set it apart from the crowd of brands. In history, it has kept signing the best athletes for endorsing its brand and products. Here is a Porter’s five forces analysis of Nike. Michael E Porter had developed this strategic tool in 1980. It analyses five important forces that affect the state of competition in an industry and its profitability. These forces are there in every industry and market. The tool can be used to understand the state of competition and reduce competitive pressure
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7. What is your own understanding about PEST ANALYSIS, ECONOMIC FORCES, POLITICAL FORCES, SOCIAL FORCES, PORTER MODEL, SWOT ANALYSIS?
Pest Analysis helps organizations take better business decisions.
Economic forces are the factors that help to determine the competitiveness of the environment in which the firm operates.
Porter model that identifies and analyzes five competitive forces that shape every industry and helps determine an industry's weaknesses and strengths.
swot analysis is a compilation of your company's strengths, weaknesses, opportunities and threats
8. what is the advantages and disadvantages of Porter's Five Forces of Competitive Position Analysis in business.
Answer:
advantages
Porter's five forces help to identify where power lies in a business situation. This is useful both in understanding the strength of an organisation's current competitive position, and the strength of a position that an organisation may look to move into.
The Criticisms: Drawbacks and Limitations of the Five Forces Model of Porter
Too General Analytical Framework. ...
Predisposition to Subjective Results. ...
Lack of Quantitative Dimensions. ...
Susceptibility to Biased Results. ...
Unsuitable for Complex Firms. ...
Inapplicable Non-Profit Organizations. ...
One-Dimensional Framework.
9. define porter's five forces analysis
Answer:
Five Forces Analysis Live Example
The Five Forces are the Threat of new market players, the threat of substitute products, power of customers, power of suppliers, industry rivalry which determines the competitive intensity and attractiveness of a market.
Explanation:
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10. explain the porter five forces of Competitive Position Analysis.
Answer:Michael Porter's Five Forces Analysis. Michael Porter's five forces is a model used to explore the environment in which a product or company operates. Five forces analysis looks at five key areas mainly the threat of entry, the power of buyers, the power of suppliers, the threat of substitutes, and competitive rivalry.
Explanation:
11. output no. 3 porters five forces
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Porter's Five Forces Framework is a method for analysing competition of a business. It draws from industrial organization economics to derive five forces that determine the competitive intensity and, therefore, the attractiveness of an industry in terms of its profitability.
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12. Porter’s Five Forces
Answer:
Porter's Five Forces Framework is a method for analysing competition of a business. It draws from industrial organization economics to derive five forces that determine the competitive intensity and, therefore, the attractiveness of an industry in terms of its profitability.
Explanation:
HOPE IT HELPS #caryonlearning13. what is michael porters five forces?
Answer:
Michael porters five forces framework is a method for analyzing competition of a business. it draws from industrial organization economics to derive five forces that determine the competitive intensity and therefore the attractiveness of an industry in terms of it profitability.
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No explanation14. Activity No. 5 Directions: List the five force of Porter's Competition Framework 12345
Answer:
Porter's Five Forces is a framework for analyzing a company's competitive environment. The number and power of a company's competitive rivals, potential new market entrants, suppliers, customers, and substitute products influence a company's profitability.
Answer:
1. competitive rivalry
2. supplier power
3. buyer power
4. threat of substitution
5. threat of new entry
15. Porter's five forces model Alamo Drafthouse in "entertainment industry".
Answer:
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17. Activity No. 5 Directions: List the five force of Porter's Competition Framework. 1.2.3.45
Answer:
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18. example of game applying porters competitive forces
Push and pull force
19. differentiate the Porter's Five Forces analysis to PESTLE Analysis.
Answer:
Porter's 5 Forces and PESTLE are tools companies can use to improve their competitive positions in the market. Porter's 5 Forces examines where power lies in a competitive situation.
PESTLE identifies how various macro-environmental factors may affect an organization and its competitive standing.
Explanation:
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20. A PORTER PULLS A 10 KG LUGGAGE ACROSS A 15 METER HALLWAY USING A 25 NEWTONS OF FORCE. HOW MUCH WORK WAS EXERTED BY THE PORTER?
[tex]\tt{\huge{\blue{Explanation:}}}[/tex]
The work done by an object exerting a force F at a distance d is given by
[tex]\boxed{W = Fd}[/tex]
where:
W = work
F = force
d = distance
[tex]\tt{\huge{\red{Solution:}}}[/tex]
Solving for WW = Fd
W = (25 N)(15 m)
[tex]\boxed{W = \text{375 J}}[/tex]
Therefore, the work done is 375 J.
[tex]\\[/tex]
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22. what is the importance of Porter's Five Forces Analysis
Answer:
Porter's Five Forces Analysis is an important tool for understanding the forces that shape competition within an industry. It is also useful for helping you to adjust your strategy to suit your competitive environment, and to improve your potential profit.
23. ESSAY What are the advantages of using Porters Five Forces in analysing competition in the industry?
ADVANTAGES OF PORTERS FIVE FORCES IN ANALYZING COMPETITION IN THE INDUSTRY
Porters Five Forces is used to decide if a technique can possibly be productive in an organization's serious climate. These forces are: (1) the force of contention among contenders; (2) the danger of possible section; (3) the bartering force of providers; (4) the haggling force of purchasers; and (5) the danger of replacement. Porters Five Forces gives a system to helping an association assess its serious circumstance dependent on the five classes . Porters Five Forces helps in deciding the consequences for authoritative execution and understanding the degree of contest inside the business or market in which it works. One more key benefit of the Porters Five Forces Model is that it doesn't need particular or specialized abilities. The system can be utilized to extend the SWOT and PEST scientific structures, especially by giving a particular rule to outside situational investigation.
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24. Example of Porter's Five Forces about EasyPC.
Answer:
Example of Porter's Five Forces in Action
Competitive rivalry is extremely high. If someone raises prices, he or she will be quickly undercut. Intense competition puts strong downward pressure on prices. Buyer Power is strong, again implying a strong downward pressure on prices.
25. Assess the book publishing industry using Porter's Five-forces model
Answer:
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26. Porter's Five Forces of Food Panda
Answer:
1.Rivalry among existing Firms
2.Factors affecting threat of new entrants
3.Threat of substitute products
4.Bargaining power of suppliers
5.Bargaining power of customers
Explanation:
27. if this download force is the action force, what is the reaction force
As described by the third of Newton's laws of motion of classical mechanics, all forces occur in pairs such that if one object exerts a force on another object, then the second object exerts an equal and opposite reaction force on the first.[1][2] The third law is also more generally stated as: "To every action there is always opposed an equal reaction: or the mutual actions of two bodies upon each other are always equal, and directed to contrary parts."[3] The attribution of which of the two forces is the action and which is the reaction is arbitrary. Either of the two can be considered the action, while the other is its associated reaction
28. Advantages of using porters five forces essay
Answer:
Five forces analysis helps organisations to understand the factors affecting profitability in a specific industry, and can help to inform decisions relating to: whether to enter a specific industry; whether to increase capacity in a specific industry; and developing competitive strategies
29. Differentiate PEST analysis from Porter's five forces analysis.
Answer:
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2.
3.
4.
5.
HOPE IT HELPS! ^^30. discuss each of porter's five forces model
Can you complete the question
Answer:
1.Competition in the Industry
The first of the Five Forces refers to the number of competitors and their ability to undercut a company. The larger the number of competitors, along with the number of equivalent products and services they offer, the lesser the power of a company.
2.Potential of New Entrants Into an Industry
A company's power is also affected by the force of new entrants into its market. The less time and money it costs for a competitor to enter a company's market and be an effective competitor, the more an established company's position could be significantly weakened.
3.Power of Suppliers
The next factor in the Porter model addresses how easily suppliers can drive up the cost of inputs. It is affected by the number of suppliers of key inputs of a good or service, how unique these inputs are, and how much it would cost a company to switch to another supplier. The fewer suppliers to an industry, the more a company would depend on a supplier.
4.Power of Customers
The ability that customers have to drive prices lower or their level of power is one of the Five Forces. It is affected by how many buyers or customers a company has, how significant each customer is, and how much it would cost a company to find new customers or markets for its output.
5.Threat of Substitutes
The last of the Five Forces focuses on substitutes. Substitute goods or services that can be used in place of a company's products or services pose a threat. Companies that produce goods or services for which there are no close substitutes will have more power to increase prices and lock in favorable terms. When close substitutes are available, customers will have the option to forgo buying a company's product, and a company's power can be weakened.
Explanation:
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