Your Business
May 31, 2008 by admin · Leave a Comment
How can competition affect your business?
I have to research competition for my Business Studies coursework, and I got stuck with the question 'How can competition in your area affect you business?'. Any answers would be very appreciated.
As a student, you will find it useful to look up in textbooks or on the net "Porter's Five Forces". prof. Porter outlined five forces that act upon a market so as a student you will score well if you write a paragraph on each force. Very briefly, the forces are:
1. Threat of Substitute Products or services
2. Threat of New Entrants into the market (Called Barriers to Entry)
3. Power of Suppliers to influence prices paid for supplies to a company.
4. Power of Buyers to push prices downwards
5. The degree of competitive rivalry in the market between competing firms.
The websites below will give you a good idea of the effects of each. Good luck with the assignment.
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START YOUR OWN TOWING BUSINESS WITH A GREAT TRUCK !!!!! $5,301.00 |
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Web design - create your business web page $700.00 |
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48" Vinyl cutter plotter ready for your sign business $649.00 |
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48" Vinyl cutter plotter ready for your sign business $649.00 |
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Own your own TRAVEL AGENT business | Travel at discount $399.00 |
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Pro Website Design - GIVE YOUR BUSINESS A BOOST! $395.00 |
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Learn Ideas to Grow Your Business - Online Diagnostics $249.00 |
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Profitable Internet Business Websites Find Your Niche $247.00 |
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500 SIGN UPS TO YOUR WEBSITE OR BUSINESS $225.99 |
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500 SIGN UPS TO YOUR WEBSITE OR BUSINESS $225.99 |
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500 SIGN UPS TO YOUR WEBSITE OR BUSINESS $225.99 |
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own your own vending business $200.00 |
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Image Consultant Business Kit "Start Your Own Business" $199.00 |
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START YOUR OWN YOUTUBE VIEWS BUSINESS ON EBAY - MAKE $$ $197.00 |
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24" Hand Screen Stretcher Start your Business or Save$ $185.00 |
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18" Hand Screen Stretcher Start your Business or Save$ $160.00 |
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Jim Cockrum Supercharge Your Online Business 4 DVD eBay $149.00 |
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1000 3.5" x 2" MAGNETIC BUSINESS CARDS - YOUR DESIGN! $149.00 |
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Building Your Home Inspection Business: A Guide to Mark $135.00 |
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START YOUR "WINDOWS RESTORE" COMPUTER REPAIR BUSINESS $129.00 |
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Start Your "WINDOWS RESTORE" COMPUTER REPAIR BUSINESS $129.00 |
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HUGE 4X15ft "WE WANT YOUR BUSINESS" COLOR BANNERS/SIGNS $129.00 |
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Executive Summary Written for Your Business Plan $129.00 |
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How to Run Your Business so You Can Leave It in Style, $128.94 |
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Start Your Own SUCESSFUL CARPET CLEANING BUSINESS NEW $127.77 |
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Start your own Body Wrap Business work at home! Profit! $125.00 |
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Now is the time to Start your own Body Wrap Business! $125.00 |
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500 CUSTOM BIC Business Card Magnets with Your LOGO $115.00 |
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NEW Business Continuity: Protecting Your Organizatio... $110.77 |
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Creating Your Library's Business Plan: A How-to-do-it M $109.95 |
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500 CUSTOM BIC Business Card Magnets with Your LOGO $100.00 |
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MAGIC WORDS THAT GROW YOUR BUSINESS 20 CDs TED NICHOLAS $99.99 |
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START YOUR OWN SERVICE BASED CONTRACTING BUSINESS NOW! $99.00 |
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START YOUR OWN SERVICE BASED CONTRACTING BUSINESS NOW! $99.00 |
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Full Service Web Page For Your Business - 1 FULL YEAR $99.00 |
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Insider Secrets to Saving your Business by Kevin Muir $99.00 |
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Marketing your photography business, guide & templates $95.00 |
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Visio - The Smartest Way to Create All Your Business Di $92.94 |
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Business Opportunity Painting, start your own business $89.00 |
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Business Opportunity Painting, start your own business $89.00 |
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Business Opportunity Painting, start your own business $89.00 |
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Growing Your Business in Emerging Markets: Promise and $86.25 |
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NEW Prime Movers: Define Your Business or Have Someo... $86.17 |
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Professional LOGO DESIGN for your business or website $79.99 |
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How To Start Your Import Export Home Based Business - $79.97 |
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2500 ROUND CORNER 16pt UV BUSINESS CARDS - Your Design! $79.50 |
