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MANAGING INDUSTRY COMPETITION (FIVE FORCES FRAMEWORK (INTENSITY OF RIVALRY…
MANAGING INDUSTRY COMPETITION
DEFINITION
IS A GROUP OF COMPANIES THAT ARE RELATED IN THEIR PRIMARY BUSINESS ACTIVITIES PRODUCING GOODS AND SERVICES THAT ARE SIMILAR TO ONE ANOTHER
FIVE FORCES FRAMEWORK
INTENSITY OF RIVALRY AMONG COMPETITORS
THREATS OF POTENTIAL ENTRY
BARGAINING POWER OF SUPPLIERS
BARGAINING POWER OF BUYERS
THREAT OF SUBSTITUTES
GENERIC STRATEGIES
COST LEADERSHIP
DIFFERENTIATION
FOCUS
SPEED
PRESSURES FOR GLOBAL INTEGRATION
TWO DIVERS OF GLOBAL INTEGRATION
GLOBALIZATION OF MARKETS
EFFICIENCY GAINS OF STANDARDIZATION
PRESSURE FOR LOCAL RESPONSIVENESS
THE KEY IDEA TO ENGAGE IS THAT DIVERSITY OF AGENTS, REGULATIONS AND ATTITUDES PRESSURE INTERNATIONAL TO TAILOR THEIR OPERATIONS TO PARTICULAR CONDITIONS IN PARTICULAR COUNTRIES
CONSUMER DIVERGENCE AND HOST GOVERNMENT POLICIES
CONSUMER DIVERGENCE
HOST GOVERNMENT POLICIES