University of Zululand Faculty of Commerce, Administration and Law Department of Business Management Assignment topic: Chapter Two summary Name: Mr T Mdletshe Student number: 200903233 Module code: CBM 503 Module Description: Advanced Aspects of Management THE ENVIRONMENT The environment is what gives their means of survival. It creates opportunities and its present threats. This chapter therefore provides frameworks for analysing changing and complex environments. These frameworks are organised
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High/Mod/Low | High/Mod/Low | High/Mod/Low | High/Mod/Low | Barriers to entry (reverse) - Are Economies of Scale an important part of this industry?(Y/N) - Do incumbent firms possess substantial brand identification and customer loyalty that potential entrants do not? (Y/N) - Are there significant cost advantages independent of scale in this industry (Table 2.2)? (Y/N) - Do governments regulate this industry? (Y/N)Yes answers suggest barriers to entry resulting in lower threat of new entry. | - Are
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& impact | Rivalry | McDonald’s, Burger King, KFC, Wendy’s | Strong. Huge price competition；low profit margin | New Entrants | There are high barriers to entry: it is hard to compete with well-known brand like McDonald’s and KFC due to customer loyalty. The cost to start a restaurant is also high. Government regulation is another barrier. | Weak. Keep companies focus on
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verity of online products that range from simple email services to complex cloud computing and high video streaming technology via “YouTube”. To be successful google not only needs to stay ahead of the market but also protect its brand through high barriers to entry. Google was previously much engaged on the development of BCG which was interlinked with their creativity, this later resulted in google being good at maintaining a creative level but not innovative enough. They were more focused in categorizing
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competition in the U.S. family clothing stores industry? The competition of rivals in the U.S. family industry is strong because the competitors are numerous, buyer demand is growing slowly, and the rivals face high exit barriers. The threat of new entrants is weak because the entry barriers are high and the industry outlook is risky and uncertain. The threat of substitute products is strong because good substitutes are readily available, substitutes have comparable or better performance features, and
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mature and becoming saturated so in order to gain a competitive advantage they have to differentiate themselves from others in the industry. Earnings and sales are much slower in industries that are mature than those industries that are emerging. The barriers to entry are very low for the pizza industry, anyone can open up a pizza place which will create a new competitor. Individuals have a lot of choices when it comes to eating out so in order to grow exponentially something needs to set them apart
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more demand for these products and create food crisis in some countries 3. What are the flaws in the current business strategy? • Not Defensible Intellectual Property is not defensible No relevant patents Low barrier to entry • Model Business is difficult to manage as each member is independent business making its own decision and can leave business at any time Existing business can compete at any time 4. What type of financing should they use if they
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COMPETITORS Based on research done, our major competitor in the fuel-based car market will be the Nissan Qashqai as it’s arguably one of the top selling crossover cars in the UK. The Nissan Qashqai is the finest small SUV on the market. It is economical, classy inside and extremely refined. It's also one of the most practical small SUVs no wonder its sales figures are really high compared to others in the market. It's also bagged the 2014 Car of the Year award. Despite all these its weaknesses
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firm operates? To arrive at an answer you should discuss (a) the number of competitors, (b) product similarity, (c) barriers to entry, and (d) the importance of non-price competition. (Be sure to define the geographic nature of the market. Is the market best described as local, national, or international?) How much pricing power does the firm have? Are economies of scale a barrier to entry in this industry? 6 Calculate the company’s sales
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2015-‐09-‐13 + How do you analyze a case? + Analyzing a Case 2 A. Identifying the issues B. Analyzing the case (qualitative & quantitative) C. Generating alternatives D. Analyzing and evaluating alternatives E. Selecting the preferred alternative F. Developing an action & implementation plan 1 2015-‐09-‐13 + 3 Let’s use a case as an example … Porsche Canada: + Selling Winter Driving 4 2 2015-‐09-‐13 +
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