Harvey Norman Porter's - Five Forces Analysis

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Intensity of Existing Rivalry Government limits competition (Harvey Norman Porter's) Government policies and regulations can dictate the level of competition within the industry. When... Large industry size (Harvey Norman Porter's) Large industries allow multiple firms and produces to prosper without having to steal market share... Bargaining Power of Suppliers High competition among suppliers (Harvey Norman Porter's) High levels of competition among suppliers acts to reduce prices to producers. This is a positive... Volume is critical to suppliers (Harvey Norman Porter's) When suppliers are reliant on high volumes, they have less bargaining power, because a producer can... Critical production inputs are similar (Harvey Norman Porter's) When critical production inputs are similar, it is easier to mix and match inputs, which reduces... Threat of Substitutes Bargaining Power of Customers Product is important to customer (Harvey Norman Porter's) When customers cherish particular products they end up paying more for that one product. This... Large number of customers (Harvey Norman Porter's) When there are large numbers of customers, no one customer tends to have bargaining leverage.... Threat of New Competitors LG Strong distribution network required (Harvey Norman Porter's) Weak distribution networks mean goods are more expensive to move around and some goods don’t get to... High capital requirements (Harvey Norman Porter's) High capital requirements mean a company must spend a lot of money in order to compete in the... Strong brand names are important (Harvey Norman Porter's) If strong brands are critical to compete, then new competitors will have to improve their brand... Customers are loyal to existing brands (Harvey Norman Porter's) It takes time and money to build a brand. When companies need to spend resources building a brand,... Entry barriers are high (Harvey Norman Porter's) When barriers are high, it is more difficult for new competitors to enter the market. High entry... What is Porter's Five Forces Analysis? WikiWealth's Five Forces analysis evaluates the five factors that determine industry competition. Add your input to harvey-norman-porter-s's five forces template. See WikiWealth's tutorial for help. Is WikiWealth missing any analysis? Check out our entire database of free five forces reports or use our five forces generator to create your own. Remember, vote up harvey-norman-porter-s's most important five forces statements.