Introduction
The influence of Porter’s five forces differs by industry. Whatever the industry, the five forces affect the profitability as they influence the costs, the prices, and capital investment necessary for survival as well as competition in the relevant industry (Hill, 2008). The five forces model assists in strategic decision making processes as it is utilized by the managers to establish the competitive structure of the industry (Borge, 2005).
(Fred, 2007).
Porter’s Five Forces in Wal-Mart
A brief illustration using Wal-Mart’s in the consumer retail industry in relation to the relevant industry forces.
Potential Rivals: Medium pressure
- Other grocers may potentially penetrate the retail industry.
- Entry barriers may be relatively high, since Wal-Mart has an exceptional distribution system, brand name, strategic locations, as well as financial capital to dissuade rivals.
- Wal-Mart regularly has a supreme cost advantage over rivals.
Rivalry amongst Established Companies: Medium Pressure
- At the moment, there are three major incumbent firms in the market. These are Sears, Target, and K-Mart .Target is regarded as the most influential among the three in regard to retail.
- Target may have experienced remarkable growth in the domestic market and has effectively defined its niche.
Buyers Bargaining Power: Low pressure
- Individual buyer’s bear little pressure.
- Consumer activist groups have criticized pricing techniques used at Wal-Mart.
- The consumer may shop at a rival who grants comparable goods at comparable prices, although the convenience would be lost.
Suppliers Bargaining Power: Low to Medium pressure
- Wal-Mart holds a huge portion of the market share, and it offers huge business to wholesalers and manufacturers. This presents Wal-Mart with much influence since if Wal-Mart threatens to switch suppliers, this may create scare tactics to suppliers.
- Wal-Mart has the ability to integrate vertically.
Substitute Products: Low pressure
- The substitutes that grant low pricing and convenience are few.
- Online shopping presents another alternative since it is different and the customer may gain price advantage for the company may not necessarily have a physical store, thus passing savings to consumers.
Complementors: Low pressure
- Sam’s Wholesale Clubs is a Wal-Mart complementor in that it complements Wal-Mart through offering similar goods in wholesale, thus making the Wal-Mart increasingly profitable.
- Suppliers require innovative products to draw customers.
Porter’s Five Forces in GreenTree Cooperative Grocery Mt. Pleasant, MI
The GreenTree Cooperative endeavors to provide earth-friendly, healthy food that complies with high-quality standards. It also provides education and information to the greater society, which facilitates customers in making informed choices concerning their health and their influence on the larger environment.
Potential Rivals: High Pressure
- Other grocers can easily infiltrate the food retail industry.
- Entry barriers are relatively low, since GreenTree Cooperative does not have a far-reaching distribution system, an established brand name, or the requisite financial capital to discourage rivals.
Rivalry amongst Established Companies: High Pressure
- Presently, there are numerous outlets that are retailing in healthy organic foods
- The industry’s life cycle is mature.
Buyers Bargaining Power: Low pressure
- Individual buyer’s bear minimal pressure.
- Consumer activist groups have supported the consumption of organic foods in recent years.
Suppliers Bargaining Power: Low to Medium pressure
- GreenTree Cooperative holds a sizeable portion of the market share in the organic food retail market, and it offers huge business to the wholesalers and growers. This presents GreenTree Cooperative with much influence it has a well established network of suppliers.
Substitute Products: Low pressure
- The substitutes in organic foods are few.
- GreenTree Cooperative also has a online shopping platform that presents another advantage over rivals
Complementors: Low pressure
- Food co-ops are complements to GreenTree Cooperative since they also offer similar products at comparable prices, thus making the GreenTree Cooperative increasingly profitable.
Porter’s Five Forces in Ric’s Food Center Mt. Pleasant, MI
Ric’s Food Center are traditional full-service grocery stores. Ric’s Food Center is committed to providing quality products, value and a sociable service-oriented experience in shopping.
Potential Rivals: High Pressure
- Other grocers may easily penetrate the food retail industry.
- Entry barriers are relatively low, since Ric’s Food Center does not have a far-reaching distribution system, an established brand name, or the requisite financial capital to discourage rivals.
Rivalry amongst Established Companies: High Pressure
- Presently, there are numerous outlets that are retailing in food products.
- The industry’s life cycle is mature.
Buyers Bargaining Power: Low pressure
- Individual buyer’s bear minimal pressure.
Suppliers Bargaining Power: Low to Medium pressure
- Ric’s Food Center holds a sizeable portion of the market share in the neighborhoods it operates in. This presents Ric’s Food Center with much influence it has a well established network of local suppliers.
Substitute Products: High Pressure
- The substitutes in food products are numerous.
- Online shopping presents another alternative to customers, since it is different and the customer may gain a price advantage. This is because the company may not necessarily have a physical store, thus passing savings to consumers.
Complementors: High Pressure
- There are no complementors to Ric’s Food Center since the company operates as a family business.
References
Borge, H. (2005). The Manuscript of Risks. New York: Wiley.
Fred, D. (2007). Strategic Management: Cases & Concepts. Princeton, NJ: Princeton U.P.
Hill, W. (2008). International Business: Competition in the Global Marketplace. New York: McGraw-Hill.
Get Professional Assignment Help Cheaply
Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?
Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.
Why Choose Our Academic Writing Service?
- Plagiarism free papers
- Timely delivery
- Any deadline
- Skilled, Experienced Native English Writers
- Subject-relevant academic writer
- Adherence to paper instructions
- Ability to tackle bulk assignments
- Reasonable prices
- 24/7 Customer Support
- Get superb grades consistently
Online Academic Help With Different Subjects
Literature
Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.
Finance
Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.
Computer science
Computer science is a tough subject. Fortunately, our computer science experts are up to the match. No need to stress and have sleepless nights. Our academic writers will tackle all your computer science assignments and deliver them on time. Let us handle all your python, java, ruby, JavaScript, php , C+ assignments!
Psychology
While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.
Engineering
Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.
Nursing
In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.
Sociology
Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.
Business
We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!
Statistics
We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.
Law
Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.
What discipline/subjects do you deal in?
We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.
Are your writers competent enough to handle my paper?
Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.
What if I don’t like the paper?
There is a very low likelihood that you won’t like the paper.
Reasons being:
- When assigning your order, we match the paper’s discipline with the writer’s field/specialization. Since all our writers are graduates, we match the paper’s subject with the field the writer studied. For instance, if it’s a nursing paper, only a nursing graduate and writer will handle it. Furthermore, all our writers have academic writing experience and top-notch research skills.
- We have a quality assurance that reviews the paper before it gets to you. As such, we ensure that you get a paper that meets the required standard and will most definitely make the grade.
In the event that you don’t like your paper:
- The writer will revise the paper up to your pleasing. You have unlimited revisions. You simply need to highlight what specifically you don’t like about the paper, and the writer will make the amendments. The paper will be revised until you are satisfied. Revisions are free of charge
- We will have a different writer write the paper from scratch.
- Last resort, if the above does not work, we will refund your money.
Will the professor find out I didn’t write the paper myself?
Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.
What if the paper is plagiarized?
We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.
When will I get my paper?
You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.
Will anyone find out that I used your services?
We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.
How our Assignment Help Service Works
1. Place an order
You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.
2. Pay for the order
Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.
3. Track the progress
You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.
4. Download the paper
The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.
PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A PERFECT SCORE!!!
