Considering the porter five competitive forces framework

Assignment Help Operation Management
Reference no: EM132215008

This week Discussion Video is an interview with Michael E. Porter, Harvard University Professor. Considering the Porter's five competitive forces framework, please answer the following discussion question.

Please briefly (25-50 words) describe (in your own words) the “competitive force” associated with the first letter of your last name (listed below) mine is K-R

Please consider an organization in the field of “Oil and Gas” in which you worked in the past (or are currently working or with which you are familiar), then please discuss and provide (50-100 words) an example of the “competitive force” associated with the first letter of your last name (listed below) for that organization.

A-D: Buyer Bargaining Power

E-J: Threat of Substitute Products or Threat of New Entrants

K-R: Supplier Bargaining Power

S-Z: Rivalry among competing sellers

After posting your comment on the discussion board, please make sure to reply to another classmate’s post on a “competitive force” different from the one assigned to you. Please avoid replies such as “I agree” and provide insightful contributions by elaborating on your replies to the other student's post.

Reference no: EM132215008

Questions Cloud

Identify the title and describe the game or simulation used : Analyze at least two effective methods of e-Learning that you have experienced in the last five years and discuss reasons the experiences were positive.
Company could take upstream in supply chain : Describe what steps a company could take upstream in the supply chain to practice the following principles:
What is meant by strategic alliance is cooperative strategy : Explain what is meant by "strategic alliance is a cooperative strategy". Explain the difference between tenders and bidding.
What are some benefits of a diverse society : What information about diversity in the United States has helped you better understand or relate to others in ways that you may not have in the past?
Considering the porter five competitive forces framework : This week Discussion Video is an interview with Michael E. Porter, Harvard University Professor. Considering the Porter's five competitive forces framework,
How the consideration may impact the application : To prepare for this Discussion, select a cultural consideration (related to race, ethnicity, religion, gender, sexual orientation, etc.)
Review and analyse previous financial data : BSBFIM601 Manage finances - Review and analyse previous financial data to establish areas which have generated a profit or loss
Define critical race theory : Define critical race theory and discuss how you personally view it functioning in both Historically Black Colleges and Universities .
Draw a graph to represent example : (a) Draw a graph to represent this example, where the nodes are people and an edge connects two people if they shook hands.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd