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Topic: Business
Number of pages / Number of words: 3 / 576
Essay's paper body

Bargaining power of suppliers depends on:

? Concentration of suppliers. Are there many buyers and few dominant suppliers?

? Branding. Is the brand of the supplier strong?

? Profitability of suppliers. Are suppliers forced to raise prices?

? Suppliers threaten to integrate forward into the industry

? Switching costs...


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Is it easy for suppliers to find new suppliers?

To counter the threats of the competitive forces, businesses can employ five different strategies. They are:

1. Cost leadership. This involves cost reduction. Example is the everyday low price as practiced by Walmart.

2. Differentiation strategy. This involves efforts to make the firm's product or service offerings look different to customers...


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General points of the essay

Analysing McDonalds (fast food outlets) using the Porters 5 forces model – sometimes called the Competitive Forces model. Bargaining Power Of Suppliers Customer & Suppliers Spanish E-on UK Porters 5 Forces Porters 5 Forces Porters 5 forces on Tesco Power of Suppliers and Power of Buyers Supply Chain Collaboration between the Organization and Suppliers Porters Five Forces Fk Coilover Suppliers Porters Five Forces Model CASE: TOYOTA, FORD, GM AND VOLKSWAGEN- SOME DIFFERING OPINIONS ABOUT WORKING WITH SUPPLIERS Porters' 5 Forces for SIA Michael Porters Five Forces Assignment 1a - Porters 5 Forces

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