APPENDIX 1 EXHIBIT 1- Layers of the business environment 1. The macro - environment – (using the PESTEL model) 2. Industry (or sector) – (using 5 forces model) 3. Competitors ( using strategic groups‚ market segments and critical success factors) EXHIBIT 2 - PESTEL ANALYSIS Political Hungary in 2004 joined EU Strong government power in US to ban/regulate alcohol and distribution Hungarian government did not offer any trade support to the nation’s wineries Economic Exchange rates Duties and import
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figarodigital.co.uk/case-study/hmv.aspx 2 THEGUARDIAN (2013) http://www.theguardian.com/music/musicblog/2013/jan/15/hmv-enters-administration 3 Graham Ruddick (2015) (Source: Franteractive Inc‚ 2008-2009) Porter ’s Five Forces model is made up by identification of 5 fundamental competitive forces:
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Porter’s Five Forces Model in Evaluation of a New Market with Reference to Tesco Jeewan Pudasaini Greenwich University BA (Hons) in Business Studies 2011 Utilisation of Porter’s Five Forces Model in Evaluation of a New Market with Reference to Tesco Jeewan Pudasaini Blake Hall College Submitted To University of Greenwich in accordance with the requirement of BA (Hons) in Business Studies December 2011 Word count: 2905 Contents Introduction 1. Porters’ Model:
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Analysing McDonalds (fast food outlets) using Porters 5 Forces model – sometimes called the Competitive Forces model. Introduction McDonalds Canada opened in 1967‚ thirteen years after McDonalds had taken the United States by storm. This was the first restaurant to be opened outside of the United States. It was in 1965 that McDonalds went public and offered shares on Wall Street. Since then it has been important for McDonalds to continually monitor its performance‚ to make sure it is competitive
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Porter’s Five Forces The Threat of New Entrants (Low) There is a great amount of economies of learning and scale in the oil industry for Example BP has been searching for oil since 1901. They invest a huge amount in up-to-date technologies making it difficult for new entrants to compete. His obviously requires huge capital investments in R&D as well as start-up cost‚ for example a truck just to carry the oil costs over $1‚000‚000. There is a lot of regulation in the industry especially with
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Strat Unit Test Review Chapter One: Strategic Management Process: Mission --> Objectives --> Internal & External Analysis --> Strategic Choice --> Strategic Implementation --> Competitive Advantage Mission: A firms long term purpose. A desire future state: the aspiration of the organization. - Long term Mission Statements:
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sector or industry. Macro environment →Political: make the country more competitive and internationally credible and increasing closed relationships with the US and China. →Economic: economic crisis makes people poorer and less willing to spend on shoes. →Social: strong social security system and high human development indicators. →Technological: Italian government has committed itself to improve R&D expenditures and innovation. Porter’s five forces analysis Micro environment → Porter’s five forces
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governance mechanisms and environmental threats | |b. |boards of directors‚ consumer advocacy groups and news media | |c. |general‚ industry and competitor environments | |d. |none of these | ANS: C PTS:
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MGT 300 Case 7: Dunkin’ Donuts: Betting Dollars on Donuts 1. What does a Porter’s Five Forces analysis reveal about the industry in which Dunkin’ Donuts and Starbuck’s compete and what are its strategic implications for Dunkin’ Donuts? Answer: I think in this case‚ it reflects the level of rivalry among organizations in an industry‚ the potential for entry into an industry and the threat of substitute products. First‚ the Starbuck and Donuts they are all belongs to coffee market and they competing
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Michael Porter’s Five Forces Model is a useful tool to aid organizations facing the challenging decision of entering a new industry or industry segment. The Five Forces Model helps determine the relative attractiveness of an industry and includes: * Buyer Power * Supplier power * Threat of substitute products or services * Threat of new entrants * Rivalry among existing competitors PROJECT FOCUS: * Perform a detailed Porter’s Five Forces analysis for The Broadway Cafe
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