Michael Porters Five Forces

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Issue:

Social Issues

 

Written by:

Michael R

 

Date added:

May 13, 2015

 

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Grade:

A

 

No of pages / words:

6 / 1513

 

Was viewed:

6382 times

 

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Another is to the current competitors and the ongoing task of staying competitive in markets where they already operate. Diagram of Porter's 5 Forces SUPPLIER POWER Supplier concentration Importance of volume to supplier Differentiation of inputs Impact of inputs on cost or differentiation Switching costs of firms in the industry Presence of substitute inputs Threat of forward integration Cost relative to total purchases in industry BARRIERS TO ENTRY Absolute cost advantages Proprietary learning curve Access to inputs Government policy Economies of scale Capital requirements Brand identity Switching costs Access to distribution Expected retaliation Proprietary products THREAT OF SUBSTITUTES -Switching costs -Buyer inclination to substitute -Price-performance trade-off of substitutes BUYER POWER Bargaining leverage Buyer volume Buyer information Brand identity Price sensitivity Threat of backward integration Product differentiation Buyer concentration vs...
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industry Substitutes available Buyers' incentives DEGREE OF RIVALRY -Exit barriers -Industry concentration -Fixed costs/Value added -Industry growth -Intermittent overcapacity -Product differences -Switching costs -Brand identity -Diversity of rivals -Corporate stakes This assignment will focus on Gertrude’s Garden Children’s Hospital which is the main paediatric hospital in Eastern and Central Africa until late 2006 when other hospital ventured into the pediatric field...
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