Porters 5 Essay

Submitted By smoore2030
Words: 565
Pages: 3
Open Document
Barriers to Entry: Barriers to entry would be things like capital expenditures. It’s not just opening up a store and start selling sandwiches. Things like location are very important and that isn’t a cheap thing.
There are a lot of policies, permits and codes the company has to go through from OSHA and the FDA to make sure everything is up to standards. Things such as building permits and cost of employees have to all be taken into account before starting. Also a huge thing with Dangelo is the proper training. Not only does the company as a whole have to hire the employees but they have to train people to be able to train the rest of the companies staffing. Since this is a corporation and not a franchise there is a lot more people to worry about rather than just one store.
Threats of Substitute: Being a food business there are a lot of room for substitutions. Yes going to a place such as Dangelo might be quicker and easier for most people but it’s hard to compete with full service restaurants. A sit down place is a lot nicer and less work for the customer. Also something to keep in mind is people make their own meals at home. As a company, Dangelo must make the food more appealing than a home cooked meal which is what is trying to be done now. The CEO has sent out many notifications to make the customers visit “pleasant and homie”. Dangelo, as a company, want to customers to feeling like the employees are their friend and want them to be able to go around and brag about how the location they visit knows their name and their order before they even come to the register. Competitive Rivalry: With food service, there are MANY different options. Sandwich shops alone, there are places like Quiznos, Subway and Panera. These are Dangelo’s biggest competition at this time.
Dangelo must market its food to be more appealing than the others so our customers won’t switch over to other places. Also, taking into account places that might be quicker such as McDonalds, Wendy’s and
Burger King or even pizza shops are huge
Show More

Related Documents: Porters 5 Essay

porters 5 model Essay

Porter’s Five Forces is a measure to analyze the competition between the industries and develop strategy to sustain in the market. Industry analysis is used to regulate the factors that influence the profitability of an organization. Porter (2008) describes these forces as the main drivers of profitability for an organization. Threat of New Entrants / Competitor Existing marketing culture so new entrants face difficulty. Lack of research in international marketing. Threat of Substitute Products…

Words 557 - Pages 3

Essay about Porter 5 Forces Analysis of Blackberry

Bargaining Power of SUPPLIERS: Moderate/ - There are plenty of hardware component manufacturers for cellphones but BlackBerry’s operating system is complicated therefore it limits the number of software developers that will work with them. - This problem was most recently seen when BlackBerry struggled to get native applications for the launch of the Z10. - The Bargaining Power of Suppliers for Blackberry has increased, due to Blackberry’s eroding market share. Firms who dominate the mobile…

Words 1054 - Pages 5

Comapring Porters 5 Forces for the Airline Industry Essay

Assignment # 1 Strategic Practice Exercise: (page #81) 1. Score each competitive force in the airline industry and provide a brief rationale for your assessment. · Rivalry Among Existing Firms: (High) When one major company in an industry makes a change in costs or services that could potentially increase their clientele, a major competitor almost always follows suit. Price matching is a prime example of that, therefore the threat is high. West Jet is one company that offers flights at a discount…

Words 2747 - Pages 11

Analysing Mcdonalds (Fast Food Outlets) Using the Porters 5 Forces Model – Sometimes Called the Competitive Forces Model. Essay

Corporation using the Porters 5 forces model to asses its competitive position in the fast food industry. As the name suggests the Porters 5 Forces model focuses on 5 key…

Words 1007 - Pages 5

Porter's Five Forces

firms, possible admission of new competitors, and possible expansion of substitute products, negotiating power of suppliers and negotiating effort of consumers. (www.mba-tutorials.com.),(http/www.mba-tutorials.com/strategy/65-porter…). (https://www.google.co.in/#q=michael+porter+5+forces+model)…

Words 767 - Pages 4

Critique Analysis of Crafting Strategy Essay

A Critical Review Of Crafting Strategy - Henry Mintzberg Table Of Contents Introduction ............................................................................................. 2 Wider Debate Of Strategy .................................................................. 2 Placing The Article In The Wider Debate.................................... 4 Strengths & Weaknesses of the article......................................... 4 Conclusion...................................................…

Words 1507 - Pages 7

O'Henry Analysis of Himself Essay

William Sydney Porter, known by his pen name O. Henry, was an American writer. O. Henry's short stories are known for their wit, wordplay, warm characterization, and clever twist endings. William Sidney Porter was born on September 11, 1862, in Greensboro, North Carolina. He changed the spelling of his middle name to Sydney in 1898. His parents were Dr. Algernon Sidney Porter, a physician, and Mary Jane Virginia Swaim Porter. His were married on April 20, 1858, when William was three, his mother…

Words 787 - Pages 4

Airbnb Porter Five Forces Analysis Essay

Hospitality Management Airbnb: Porter Five Forces Subject: Strategic Management Teacher: Marina Cassilha Group Members: Cheng Bustamante, Rebeca Trillo Murrieta, José Lima – Peru 2015 Index Page 1. Bargaining power of customers (buyers) 3 2. Bargaining power of suppliers 3 3. Threats of new entrants 4 4. Threats of substitute products or services 4 5. Intensity of competitive rivalry 5 6. Bibliography 5 1…

Words 875 - Pages 4

Strategic Management and Bargaining Power Essay

Porter's Five Forces Model Accordingly to Maxi-Pedia they claim, Michael Porter discuss how the “Porter's five forces model”, influenced the businesses framework and industry (“Maxi-Pedia”, 2012, p. 1). These five forces are used for business strategy tools for business looking for the edge the system can help with, information needed to grow into a better E-Business. E-Business companies can use these points to create their plans, investment and future strategy. (1) Risk of new entry by…

Words 352 - Pages 2

Porter's Generic Strategies Framework Essay

Introduction Porter's generic strategies framework constitutes a major contribution to the development of the strategic management literature. Generic strategies were first presented in two books by Professor Michael Porter of the Harvard Business School (Porter, 1980, 1985). Porter (1980, 1985) suggested that some of the most basic choices faced by companies are essentially the scope of the markets that the company would serve and how the company would compete in the selected markets. Competitive…

Words 3423 - Pages 14