Attractiveness of the industry in which ff currently operate, Project Management

Assignment Help:

The Board of FF Supermarket is examining the company's current market position. As part of the review, the Board has asked for an analysis of industry competition to be undertaken in order to make the attractiveness of the industry and sources of competition.

Discuss the contribution of Porter's Five Forces model in assessing the attractiveness of the industry in which FF currently operates.

Porter's Five Forces model is a useful framework that FF Supermarket could use to help it assess the attractiveness of the supermarket industry. Industry attractiveness refers to the potential for profitability that explains from competing in that industry. Every industry's attractiveness, or profitability potential, is a direct result of interaction of dissimilar environment and industry forces that affect the nature of competition.

The model brings together the following five competitive forces:

 •  Threat of new entrants/barriers to entry

  • Bargaining power of suppliers
  • Bargaining power of buyers
  • Threat of substitute products/services
  • Competitive rivalry

 


Related Discussions:- Attractiveness of the industry in which ff currently operate

What do you meant by quality circles, Question 1: a. State the purposes...

Question 1: a. State the purposes of Malcolm Baldrige Quality Award b. Compare Balridge award criteria with TQM. A Purpose of MBNQA Question 1: What do you meant by qu

Operating cycle , using the operating cycle and any other financial managem...

using the operating cycle and any other financial management knowledge,discuss the applicabilty of such cycle to poultry

Case let, Do you think Acorn’s solution was good? Why or why not?

Do you think Acorn’s solution was good? Why or why not?

What are the claimed advantages of rad approaches, What have RAD and extrem...

What have RAD and extreme programming got in common? What are the claimed advantages of these approaches? Both XP and RAD have as their common intention, and when their primary

Network Security and Support, Choose a case study from the readings or use ...

Choose a case study from the readings or use your own workplace or organisation to discuss these questions. 1. What are the key elements of a sustainability statement? 2. What ar

Supplier Shortlist, Assume that you have been asked to procure a new integr...

Assume that you have been asked to procure a new integrated software application for patient records management for your local hospital. Describe the process you would follow to sh

Stakeholder management, 3. What are some ways to manage a stakeholder rela...

3. What are some ways to manage a stakeholder relationship closely? Give examples of how you might manage relationships differently based on the unique personalities of different

Contrast cost benefit analysis with investment appraisal, Question: (a)...

Question: (a) Describe cost benefit analysis as used to appraise large public sector investments. (b) Compare and contrast cost benefit analysis with investment appraisal.

Explain the new performance management system, Question 1: (a) How does...

Question 1: (a) How does Training differ from Development? (b) Elaborate on the different training methods, highlighting their relative advantages and disadvantages. Ques

Project Initiation and Planning Report, Task As the project manager you ar...

Task As the project manager you are required to present an initial project report to the project sponsor that shows how you propose to implement this project. As the project manag

Write Your Message!

Captcha
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