Five forces analysis

Essay specific features

 

Issue:

Business

 

Written by:

Mark A

 

Date added:

April 24, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 550

 

Was viewed:

6498 times

 

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Essay content:

A threat exists when a product’s demand is affected by the price change of a substitute product. When the demand for a product declines due to either lower prices of better performing substitute product, low brand loyalty, new current trends or low switching cost. There is a high threat of substitutes in the knitwear industry such as sweater, cardigan and cashmere or other dressing and the fashion trend change in every season, people wants to buy the fashionable clothing and make the elastic of the knitwear is very high...
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A threat exists when a product’s demand is affected by the price change of a substitute product. When the demand for a product declines due to either lower prices of better performing substitute product, low brand loyalty, new current trends or low switching cost. There is a high threat of substitutes in the knitwear industry such as sweater, cardigan and cashmere or other dressing and the fashion trend change in every season, people wants to buy the fashionable clothing and make the elastic of the knitwear is very high...
displayed next 300 characters

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