Which of the following is NOT one of the competitive forces? suppliers other competitors external environment customers
Option 'C' is correct
External environment is not one of the competitive forces
Five forces include
1. competition in the industry (other competitors)
2. potential of new entrants into an industry
3. power of suppliers
4. power of customers
5. threat of substitutes
Which of the following is NOT one of the competitive forces? suppliers other competitors external environment...
One of the most popular frameworks for examining a firm's competitive environment is Porter's Five Forces, also known as the Industry and Competitive Analysis. As Porter puts it, "analyzing [these] forces illuminate an industry's fundamental attractiveness, exposes the underlying drivers of average industry profitability, and provides insight into how profitability will evolve in the future." Use the five forces model to illustrate competition in the newspaper industry. Are some competitors better positioned to withstand this environment than others? Why or...
What is the Environment analysis of the Time Warner Cable using Potters Five Forces model: Competitive rivalry, Threat of Substitute products, Threat of new entrants, Bargaining powers of customers, and Bargaining powers of suppliers? Please include Examples.
The Organization's Environment Organizations and their managers have many more constituent groups to be concerned with than just stockholders. Stakeholders are those people whose interests are potentially affected by an organization's activities, and they may be internal or external to the firm This activity is important because it is critical for managers to be aware of who their stakeholders are. The goal of this exercise is to challenge your ability to identify where specific stakeholder groups fit into the organization's...
Which force in Porter's competitive forces model is concerned with entry barriers? A. Traditional competitors B. Emerging companies C. New market entrants D. Substitute products and services E. Internet service providers
#1. Competitive Rivalry If you have many competitors offering equally attractive products and services, then you’ll most likely have little power in the industry. If suppliers and buyers don’t satisfy their needs by doing business with you, they can simply go elsewhere. On the other hand, if you are meaningfully different from your competition, and can sustain that advantage, then you may have more power. 1. What is the level of competitive rivalry in today's environment (circle one)? Low /...
identify the major external forces for change and explain how the external environment can impact on change strategies
According to Porter's Five Forces model, suppliers are strong when which of the following statements is true? A. There are high costs to switch suppliers B. Customers are weak C. There is a standardized product D. Both B and C
The demands of today's competitive business environment are pushing manafactureres to use which of the following technologies to help them re-engineer their relationships with their suppliers, distributors and retailers? Intranets Extranets E-commerce Web portals All of the choices are correct
Analyze the competitive environment of YAHOO INC by listing the threat of new entrants, the bargaining power of buyers, the bargaining power of suppliers, the threat of substitute products and services, and the intensity of rivalry among competitors in the industry Summarize key points in a figure.
You will need to thoroughly understand the environment into which you are considering expanding. One of the first tests of a company’s strategy is, “how well does it fit considering the company’s “situation”? The company’s situation is largely composed of its external environment (industry and competitive environment in which it operates) and internal environment (company’s resources and organizational capabilities). 1. For the external portion of the assignment, you will conduct a PESTEL Analysis for an "Accounting firm" to evaluate the external...