Category: Industry Forces

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Competitive Analysis Strategic Groups

Elements of Competitive Analysis Strategic Groups: Adapt to: geography/vertical integration – price/quality – differentiation/low cost etc. Principle: Selecting and grouping competitors by key differentiation parameters Issues: Management judgement of parameters Applications: Give idea of...

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Porter’s Five Forces

Elements Porter’s Five Forces: Threat of new entrants: Economies of scale, Product differentiation, Capital requirements, Switching cost, Access to distribution channel, Cost advantage independent of scale. Bargaining power of suppliers: Concentration, Substitutability, Vertical integration,...