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Topic: Business
Number of pages / Number of words: 11 / 3057
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The threat of technological obsolescence also exists as technological environment is extremely dynamic. GEMS can meet this threat through its reputation of leader in product development and innovation.

Strategic Analysis using Porter’s Competitive Forces Model:

Threat of new entrants:

It is highly intense industry in terms of capital and expertises so barriers of entry are quiet high...


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Years of experience are required for expertise to develop and reputation to gain. This is highly sensitive industry as health care is highly concerned. Extensive research and capital is required to offer a product to benefit the human life and to gain trust. Threat of new entrant is low because,

  • Economies of scale depend on high demand which can only be generated after building relationship of trust and commitment...

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General points of the essay

GLOBAL & TECHNOLOGICAL ENVIRONMENT TRENDS: WAL-MART International Business For African Entrepreneurs: Legal, Technological, And Political Forces Technological Developments The Relativity Of Comparative Advantage Of Low Labor Cost And The Absoluteness Of Technological Advantagesthe Relativity Of Comparative Advantage Of Low Labor Cost And The Absoluteness Of Technological Advantages Technological Advancements Technological Advances Technological Impact most technological advancement TECHNOLOGICAL HAZARDS Technological Advancement The Technological Revolution technological determanism Technological Frontier Technological Innovations Technological Tools

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