Porter’s Five Forces Analysis Essay Example for Free

Porter’s Five Forces Analysis Essay Porter’s Five Forces Analysis Michael Porter provided a framework that analyses an industry as being influenced by five forces. It has been suggested that management, attempting to establish a competitive marketing advantage over rivals, can use this model to understand the industry context in which the business operates and take appropriate strategic decisions. Threat of entry This means the ease with which other firms can join the industry and compete with existing businesses. The threat of entry is greatest when: economies of scale are low in the industry technology needed to enter the industry is relatively cheap istribution channels are easy to access, e. g. retail shops are not owned by existing manufacturers in the industry there are no legal or patent restrictions on entry The importance of product differentiation is low, so extensive advertising may not be required to get established. The power of buyers This refers to the power that customers have on the producing industry. For example, if there are four major supermarket groups that dominate this sector of retailing, their buyer power over food and other producers will be great. Buyer power will also be increased when: here are many undifferentiated small supplying firms, e. g. many small farmers supplying milk or chicken to large supermarket businesses the cost of switching suppliers is low Buyers can realistically and easily buy from other suppliers. The power of suppliers Suppliers will be relatively powerful compared with buyers when: the cost of switching is high, e. g. from PC computers to AppleMacs When the brand being sold is very powerful and well known, e. g. Cadbury’s chocolate or Nike shoes. Suppliers could realistically threaten to open their own forward-integration operations, e. g. offee suppliers open their own cafes. Customers have little bargaining power as they are small firms and fragmented, e. g. dispersed around the country as with independent petrol stations. The threat of substitutes In Porter’s model, ‘substitute products’ does not mean alternatives in the same industry such as Toyota for Honda cars. It refers to substitute products in other industries. For instance, the demand for aluminum for cans is partly affected by the price of glass for bottling and plastic for containers. These are substitutes for aluminum, but they are not rivals in the same industry. Competitive rivalry This is the key part of this analysis – it sums up the most important factors that determine the level of competition or rivalry in an industry. It is based on the other four forces which are why it is often illustrated in the center of the Five Forces diagram. Competitive rivalry is most likely to be high where: it is cheap and easy for new firms to enter an industry there is a threat from substitute products suppliers have much power Buyers have much power. Reference: http://classof1. com/homework-help/earth-science-homework-help/

Essay --

The positive economic impact of tourism in Morocco is huge. According to glObserver, a market research company, Morocco will have an estimated 14 million visitors bringing in $8.8 billion in annual revenues by the end of 2016 (Morocco Tourism Profile 2012). It does not seem like the inflow of money will slow down anytime soon. Foreign investments have been pouring into Morocco’s tourism sector and international hotel chains are building large resorts across the country. Development is occurring along the coast of Morocco in particular. This will draw real estate investors looking to gain exposure to the tourism and property markets. While it is positive that investment money is flowing into the country, much of the profits being made are escaping Morocco because foreign hotels are sending the earnings home to their country of origin. Due to the recent increase in tourism, foreign airlines are increasing the number of routes into the country. In addition to the real e state investments, there are other factors contributing to the influx of money entering Morocco. Morocco has a high level of literacy in addition to strong government support for the hospitality industry; these factors should contribute to the tourism industry growing for years to come in Morocco (Morocco Tourism Profile 2012). As well as the tourism industry is doing in Morocco, not everything is working well. Moroccan flag carrier Royal Air is in dire financial straits. The airline loses money on a monthly basis due to the high cost of fuel and labor. Several low cost carriers have stepped in to compete with Royal Air and expand the tourism industry despite Royal Air’s economic troubles. Socio-cultural: The second area that is important to examine... ...pacts to their environment due to the increase in tourism. The increase of tourism is taking a toll on the water supply in Morocco. Morocco naturally has very low renewable water supply. Large hotels, which include huge pools and fancy golf courses, require a gigantic amount of water in order to operate. Often times, this leaves civilians close by with little or no running water. While most residents of urban areas have access to running water, many people in rural areas do not have access. However the Moroccan government is trying to act in order to preserve their environment. One way Morocco is proactive in protecting its environment is through its planting programs. Every year, two million palm trees are planted and distributed throughout the south with an aim to deter the effects of the developing golf courses and hotels (Environment & Ethical Tourism.).

Use of Alliteration, Assonance, and Cacophony

Candice Scheffing, a student a New Mexico Tech, not to long ago sent an email to the Clark112-list on the subject of gender. She had analyzed an essay by James Q. Wilson called â€Å"Gender† for his use of rhetorical strategies. Many rhetorical strategies can be seen in the email. The rhetorical strategies that can be found are alliteration, assonance, and cacophony. The major rhetorical strategy that Scheffing used was alliteration. The use of alliteration by Scheffing serves to be quite effective in email because it allows her to point out the use of rhetorical strategies by Wilson in his essay.An example of alliteration used by Scheffing is, â€Å"A number of examples are obvious through the first few paragraphs of the essay† (1). The alliteration can be seen in the words â€Å"first† and â€Å"few. † Another sample of alliteration in Scheffing’s work can be seen in this sentence, â€Å"This reference to nature as having human characteristics is a personification† (1). The use of alliteration in this sentence can be seen in the beginning sounds of â€Å"having† and â€Å"human† that are in a series.A final example of alliteration in Scheffing’s email is, â€Å"This statement seems most disturbing to anyone who would read it because it either doesn’t make sense, or is believed to be completely wrong† (1). The alliteration can be noticed in the series of words; â€Å"statement,† â€Å"seems,† â€Å"who,† and â€Å"would. † The use of alliteration by Scheffing serves as probably her most useful use of rhetorical strategies. Another rhetorical strategy used by Candice is assonance. Assonance does not serve as a major source of rhetorical strategies, but it still is present in her email.The use of assonance keeps the readers attention somewhat because the email begins to sound like a rhyme as it is read. The first example of assonance in Scheffing’s ema il is, â€Å"It becomes interesting that ‘nature’ can ‘play tricks’ on humankind† (1). The use of assonance can be seen in the same sounds of â€Å"nature,† â€Å"play,† â€Å"can,† and â€Å"humankind. † A second example of assonance in the email is, â€Å"Two contrasting words, ‘essential’ and ‘useless’ are in the same sentence referring to the same group of people: males† (Scheffing, 1).The assonance is evident in these sounds of â€Å"same† and â€Å"males. † The third example of assonance I have seen in Scheffing’s email is, â€Å"These three forms of rhetoric, personification, antithesis and logos are each very important keys to the effectiveness of Wilson’s essay† (1). The use of the words â€Å"these,† â€Å"three,† â€Å"rhetoric,† â€Å"forms,† and â€Å"important† serve as examples of assonance in the email. Th e final rhetorical strategy employed by Scheffing is cacophony. Candice Scheffing uses another rhetorical strategy, cacophony, to harshly get her point across in her email.According to the website created by Ross Scaife, â€Å"A Glossary of Rhetorical Terms with Examples,† the meaning of â€Å"Cacophony: [is] harsh joining of sounds† (1). An example of Scheffing’s use of cacophony is, â€Å"It strikes more interest in the reader because they want to discover what Wilson is talking about when he says that males are both ‘essential’ and ‘useless’† (1). Another illustration of cacophony can be seen in this sentence, â€Å"It let’s the reader know that he has done his homework on the subject and is prepared to defend his side of the argument† (1).As shown in the previous example, Scheffing uses harsh sounds such as â€Å"s,† â€Å"d,† â€Å"e,† and â€Å"t† as a way to keep the readers attent ion. Candice Scheffing uses the rhetorical strategies of alliteration, assonance, and cacophony to illustrate her point in her email. The point that Scheffing is trying to prove is that Wilson used rhetorical strategies such as personification, antithesis, and logos in his essay. The use of rhetorical strategies in Scheffing’s email allows her to keep the reader interested in the subject and realize through examples what the subject of her email is all about.

Fast Serializable Multi Version Concurrency Control For...

CSCE5360 –Reading Assignment Number ___2____ Your Name: Mounika Pandhiri Paper title: Fast Serializable Multi-Version Concurrency Control for Main-Memory Database Systems You should understand what the problem(s) (or issue(s)) that the paper is addressing, and their solution(s), which must be described in the reading assignment by your own words. Please do not copy and paste from the assigned paper. 1. Clear statements of the problem(s) (or issue(s)) that the paper is addressing (upto 2 pages only): Providing Serializability is one of the most common feature of the present day databases. The most important transaction property among ACID properties of transactions is the Isolation. Isolation gives a misconception to each transaction that is independent of other transactions and is executed separately whereas in reality, the transactions are executed concurrently in background. In order to provide isolation, the concept of serialization is used by DBMS. But the actual problem lies in implementing the serializability efficiently. Many systems use Snapshot Isolation, which is an alternative for serializability. But it does not provide full serializability and in order to incorporate serializability in to existing snapshot isolation results in higher costs. The most common way to implement serializability is to use the technique of two-phase locking where the read and write locks are maintained for data items. Using this locks helps in executing theShow MoreRelatedTimetable Management System Using Java7535 Words   |  31 PagesBAM 752 Introduction to Softwares Computer Organization and Architecture Discrete Mathematics Business Communication Total Credits Semester – II S.No. Course Code Course Name 6 COMP  723   Operating  System   7 8 9 10 COMP 724 COMP 725 COMP 726 MAS 661 Data Structures using C++ Information System Analysis and Design Web Technologies 11 BAM 753 Essentials of Management Computer  based  Numerical  and  Statistical   Techniques   Total Credits Semester – III S.No. Course Code 12 13 14 15 16 17 COMPRead MoreObject Oriented Programming41739 Words   |  167 Pagestypes and they are: byte, short, int, long float, double boolean char 6)What is an Object and how do you allocate memory to it? Ans: Object is an instance of a class and it is a software unit that combines a structured set of data with a set of operations for inspecting and manipulating that data. When an object is created using new operator, memory is allocated to it. 7)What is the difference between constructor and method? Ans: Constructor will be automatically invoked