For example, Samsung’s tablet can be a substitute to the iPad and so as mp3 players to the iPod. This implies that the threat of substitutes is relatively high because general buyers can switch to substitute products. Nevertheless, the economies of scale and market dominance by Apple’s products due to brand equity and recognition provide the company with an added advantage…
Intensity of Rivalry (High) Intense competition between numerous competitors has initiated major action between rivals that have led to lower profit margins in the electronic industry. In the recent years, the electronic store sector had consolidated in fewer players, since major competitors such CompUSA and Circuit City have exit the competition for lack of differentiation and the different downturns in the economy. This industry has high exit barriers, leading to higher lose if exiting…
More than 100 million animals get tested on each year. Animal testing is cruel and inhumane, It is cruel and inhumane because they are living things but unfortunately get tested on whether they would like to or not. Animal testing should also end because it’s very expensive and there’s alternatives for animal testing now. Animal testing is cruel and deserves to end. Animals are very different from humans which make animals poor test subjects. The anatomic, metabolic, and cellular are both…
This “outside” substitute has detracted sales from the traditional brick and mortar supermarket. High threat of rivalry among existing competitors in all supermarket segments. Industry growth as a whole has slowed and even diminished due to increased substitutes as discussed above, though individual supermarkets such as Trader Joe’s and Whole Foods experienced high growth in 2012-13 partly…
stick” method: where the stick being the threat of draft and the bounties offered as the carrot, which were offered at local, regional, and national levels of the government. The method was a success for nearly nine thousand men enlisted or provided substitutes (McPherson, 1988). The bottom line is for that in order for the Union to prevail in the…
The only substitute that has arisen today is plastic surgery, which could replace their cosmetics and aging products. However, the performance of surgery as compared to cosmetics may be a threat to L’Oreal. Nevertheless, the switching cost (money-wise and health-wise) is very high, and most customers are unlikely to switch to surgery. Another potential substitute is a trend towards ‘no makeup’ and natural looks. That trend usually goes…
interested in their daily life but the differences in their character of being kind and unkind is the true part of what shows through. Roger has a kind character with a new substitute who he thinks is the worst ever. He goes to his third-grade class at St. Geoffrey’s every day and one day he finds out he is going to have a substitute teacher while his teacher is out-of-town. Miss Orville…
things done. Good leaders should be able to see this and back off from this certain employee and let them get their task done on their own. Research shows that substitutes for leadership is a better predictor of commitment and satisfaction then it is of performance. (1) As a leader you want to have control over every situation and while substitutes for leadership could be effective it also takes away some of your ability as a leader. This is not one of the theories that should be used often…
situation whereby if there is an increase in price or decrease in income, consumers will substitute high-priced items with less expensive alternatives. Substitution effects shows the change in the consumption of goods due to the change in the prices of the products. Consumers tends to replace/substitute luxury goods with cheaper items when income decreases or price rises. However, the consumers also tend to substitute cheaper items with luxury goods when their income increases and price of the…
for physicians to provide confidential material to the police in the absence of a legal obligation. At these times, the general rules regarding consent and disclosure apply, meaning that express consent, either from the patient directly, or the substitute decision-maker, will be required before the police are provided with personal health…