profits. 2. Ability to set price Oligopolies are price setters rather than price takers. 3. Entry and exit Barriers to entry are high. The most important barriers are government licenses, economies of scale, patents, access to expensive and complex technology, and strategic actions by incumbent firms designed to discourage or destroy nascent firms. Additional sources of barriers to entry often result from government regulation favoring existing firms making it difficult for new firms to
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other groups from the task environment wield over industry activities. The first force that is introduced is threat of new entrants which explain the new competitor threat pose to existing competition in an industry. For this to happen a barrier to entry is involve which give factor or condition in the competitive environment of an industry to make it hard or make an obstruction for new business to start operating in a specific market. When an industry has a low threat the industry become more profitability
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year-end adjusting entries for 2009. John is an assistant controller. He has a master’s degree in accounting, is a CPA, and has three years of solid experience with a major accounting firm. Karl, John’s immediate boss, a controller, is 20 years older than John, and he has a B.S. in management and a general M.B.A. from a top graduate school. Moreover, he has over 25 years of corporate accounting and finance experience even though he has no public accounting experience. The adjusting entries in question consist
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80% of market share in 1993. Return-On-Sales in this industry (18%) is also significantly higher than compared to those in general food industry (5%). Primary reason for high profitability is * Barrier to entry: Cereals breakfast industry although had no explicit regulatory barriers to entry, still the list mentioned below were acted as high deterrent for new firms to enter the market: * Brand Proliferation: Big-3 had launched a very successful Brand proliferation strategy, by launching
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deciding to enter an industry. This famous framework was contributed by Michael E. Porter. The basic framework is as shown in the diagram below. So, the five forces that determine the industry profitability as per this framework are: Threat of New Entry, Buyer Power, Supplier Power, Threat of Substitution and Competitive Rivalry. There are various parameters which can be used to determine the nature of these forces. Each of the force is classified as low, medium or high depending on the nature of
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iii. Weaknesses of attackers, resources & caps. *Motivation! Dynamic 2 firms 5. Strategic Groups a) Not all firms in industry are the same b) competition localized (products, size, location) c)Existence req. mobility barriers (entry, exit) grouping/diff to switch prd. Internal: Organizational Capabilities 6.
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Q1. How has Panera Bread established a unique position in the restaurant industry? How has this unique position contributed to the firm’s success? Do you think Panera Bread will reach its goal of becoming a leading national brand in the restaurant industry? Why or why not? Panera Bread has established a unique position in the restaurant industry by developing itself with various approaches. First of all, Panera Bread has observed the consumer always wanted good food quality and speed services
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GROUP : STAKEHOLDER MEMBER : Dini Siti Ayu Ariani 19010025 Dora Lisnandani M. Firdaus Ivadaputra 19010112 Risky Adha Kayom Nursalim Hanny Aqmarina Hartini Soraya 1. Identify and explain the Opportunities and Threats of the assigned external forces. Opportunities * Cooperation with a number of other national companies. The company, PT Len Industri for the development and production of inverters, battery management system, charging system and DC-DC converter electric
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involved in the accounting cycle would be record-keepers, accounting clerks; financial managers as well as staff accountants all have a hand in the parts of the accounting cycles. Bookkeepers and accounting clerks are generally the ones that record the entries and prepare statements for financial managers and staff accountants to approve. The first step of the accounting cycle would be to identify and analyze the transaction and events that need to be accounted for. Even though the generally accepted
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the bulk purchasing. 2. The high or low cost of entry, cost of latest technology 3. Ease of access to distribution channel (Ex: Sony faced in India from BPL, Videocon; Case of Castrol and Toyota ) 4. Cost advantages not always related to the size of company e.g. personal contacts or knowledge that larger companies do not know (Learning curve effects) 5. Will competitors retaliate? 6. Govt. action. 7. How important is differentiation? Entry barriers Govt. policy related (Coke, FDI
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