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Demand and the number of competitors in an industry influence the competitive nature of a business. Another factor to competition is profit margins.
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What determines the level of competitive intensity in an industry according to Porter?
Threat of new entrants -Rivalry among existing firms -Threat of substitute products or services -Bargaining power of buyers -Bargaining power of suppliers -Relative power of other stakeholders
Is service and quality likely to be better in an industry dominated by a monopoly or in a perfectly competitive industryWhy?
in a perfectly competitive industry
Four factors influence an industry's competitive rivalry and competitive dynamics?
Market commonality, resource similarities, reputation, and incentives are four factors that influence an industry's competitive rivalry and competitive dynamics. They can have a positive or negative effect.
The representative firm in a purely competitive industry?
will
What is the Tailoring industry in the Philippines?
tailoring industry is one of the competitive enterprises in the Philippines .
What determines the level of competitive intensity in an industry according to Porter?
Threat of new entrants -Rivalry among existing firms -Threat of substitute products or services -Bargaining power of buyers -Bargaining power of suppliers -Relative power of other stakeholders
Discuss the IT concepts of competitive strategy?
A Competitive Strategy is decisions that generate action that produces results.A competitive strategy answers the following questions. How do we define our business today and how will we define it tomorrow? In what industries or markets will we compete? The intensity of competition in an industry determines its profit potential and competitive attractiveness. How will we respond to the competitive forces in these industries or markets (from suppliers, rivals, new entrants, substitute products, customers)? What will be our fundamental approach to attaining competitive advantage (low price, differentiation, niche)? What size or market position do we plan to achieve? What will be our focus and method for growth (sales or profit margins, internally or by acquisition)?
Definition of competitive edge?
the intensity of desire or enjoyment
Is service and quality likely to be better in an industry dominated by a monopoly or in a perfectly competitive industryWhy?
in a perfectly competitive industry
What two factors determines the intensity of a sound?
The intensity of a sound is determined by the rate and density of energy transfer. The larger the amplitude, the greater the intensity, and the louder the sound.
What is the world's most competitive industry?
IT
Immediate industry and competitive environments?
The immediate industry includes the competitive environment for business. It includes all the competition within the industry and governmental agencies regulating the business.
Four factors influence an industry's competitive rivalry and competitive dynamics?
Market commonality, resource similarities, reputation, and incentives are four factors that influence an industry's competitive rivalry and competitive dynamics. They can have a positive or negative effect.
Which principle affects the average profitability possible of a market segment?
Competitive Intensity
What is the difference in earthquake measurement by the Richter scale vs the Modified Mercalli Intensity Scale?
The Richter scale determines earthquake magnitude by measuring how much the ground moves, and the Modified Mercalli Intensity Scale determines earthquake intensity based on damage to buildings and effects on humans.
What determines the resistance of a photoresistor?
The resistance of a photoresistor is inversely proportional to the intensity of the light on it.
What determines which types of plants grow where?
The atmospheric conditions , soil determines what type of plant is grown. The intensity of rainfall is also considered.
