StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Competitive Environment - Essay Example

Comments (0) Cite this document
Summary
The author of the essay "Competitive Environment" states that SCP Model =standing of industry sector = structure, conduct and performance of the firms that comprise it at a given point. Structure determinants= Number of Competing Firms; Homogeneity of Products, Cost of Entry and Exit…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.5% of users find it useful
Competitive Environment
Read Text Preview

Extract of sample "Competitive Environment"

Bulk of supply lines/ consumers connected with British Gas or Transco- dominating both pricing and supply. Six big gas and electricity companies dominate the energy sector (Simmonds, 2000, 7).
Price rise for year = 25% by British Gas. 7% increase 8 months ago + 18 and 16 percent raise now, prompting Energy Minister to press for change, inviting smaller and alternate energy suppliers to break the dominance of big energy giants. BG cites a 30% rise in wholesale costs, increased demand in Asia, political turmoil in Africa as the cause of variations in global supply and pricing.
SSE called off door to door selling campaign. The process is outdated and costly. Getting and listening to consumer opinions via social networks, talk-shows and forums is need of the hour, many would switch to cheaper suppliers. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Competitive Environment Essay Example | Topics and Well Written Essays - 251 words, n.d.)
Competitive Environment Essay Example | Topics and Well Written Essays - 251 words. Retrieved from https://studentshare.org/business/1592090-competitive-environment
(Competitive Environment Essay Example | Topics and Well Written Essays - 251 Words)
Competitive Environment Essay Example | Topics and Well Written Essays - 251 Words. https://studentshare.org/business/1592090-competitive-environment.
“Competitive Environment Essay Example | Topics and Well Written Essays - 251 Words”, n.d. https://studentshare.org/business/1592090-competitive-environment.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Competitive Environment

Business Management for Built Environment Professionals

While operational planning ensures availability of the 3Ms (Men – Material – Money) at the right time, at the right price ready for the right purpose, the controlling process ensures that the planning and the execution of the operations follow the requirements of the industry and that of the customer. This would ensure not just meeting the deadlines required by the customers, but also of the quality levels required by them. In addition to this, the control ensures that the requirements of the other stakeholders typically, the shareholders and the management of the company achieve their targets of production capacity and profitability. It is important for all these parameters to be met through the planning and control o...
8 Pages (2000 words) Report

Political Ideologies and the Environment

Man has lost touch with the environment to gather his own empirical evidence, study it vis-à-vis the knowledge handed him down the generations and make his independent judgment. Thus his thinking process is chained to the scientific and economic superstructure.
The early part of the twentieth century saw the emergence of the knowledge society. The transmission of knowledge propels social and economic change. Out of the knowledge, society grew the energy-guzzling and environmentally unfriendly consumer society. On the vestiges of consumer society now emerges the anxiety-laden risk fraught society Man, the main protagonist, knows little of his importance and is in haste to accomplish things, knowing-well the risk fraught...
6 Pages (1500 words) Assignment

Competitive Success

Core competencies, which usually flow out of a company, provide characteristic benefits to both the customers as well as any other individuals attached to it. These are generally espied as being the foundation of forming a competitive advantage within the said company. (Lowson, 2002)
To make it sustainable it is important that the same competitive advantage is held out for a long period of time and the people carrying out the same tasks and duties remain steadfast in their approach time and time again. What this will do is to make the process a sustainable one and the advantage in terms of competition would remain as long as it could, no matter how difficult or tough the circumstances are. Similarly, transportation of goods h...
12 Pages (3000 words) Assignment

Managerial Economics and Business Environment

Once the above said subject matter is clearly sorted out, the next emphasis would be on the concepts like the opportunity costing, incremental principle, marginal principle, discounting principle, the principle of time perspective, and calculation of economic profit as the guidelines to the scope of managerial economics. (Surender. V, 2008).
To start with, we consider a firm for which different processes have to be carried to achieve its objectives of profit maximization (assuming that all the organizations work with the view to maximize profits). If firms from different sectors are identified simultaneously, then the working of the economy as a whole could also be analyzed which in turn is useful in the decision-making proce...
15 Pages (3750 words) Assignment

Current Trends in the Marketing Communications Environment

Traditional marketing communication functions such as advertising and public relations have also extended over the internet, as companies utilize the web to reach target audiences. One example of this is Toyotas marketing campaign of its Scion brand in 2006 in Whyville.net, a website is set up to for kids age 8-15 in order to encourage greater interaction and induce brand loyalty (Cousineau & Scurry 2006). According to Cousineau & Scurry, with websites such as these where consumers can try the brands, in the kid's case—test driving the Scion—consumers interests are aroused which make them seek out [a] brand and interact with it on an ongoing basis rather than actively avoid it (2006, 37).

An e-mail h...
13 Pages (3250 words) Assignment

Organisations in the Engineering and Technology Environment: Singapore Airlines

In those days, just three flights per week, to Kuala Lumpur, Ipoh, and Penang, were all that the people in Singapore were privileged to. There were very fast developments in the situation in a span of two decades. During this period, Singapore’s Kallang Airport gained international exposure and started making huge additions to its fleet. Soon after the birth of the Federation of Malaysia on February 1963, the Malayan Airlines came to be known as the Malaysian Airlines, and in 1966, it was renamed the Malaysian-Singapore Airlines. But, in 1972, fifteen years from the day it was founded, Singapore Airlines split up with Malaysian Airlines and acquired a separate identity.
This split, however, helped the airlines to take i...
10 Pages (2500 words) Case Study

Ethics in the Manufacturing Environment

An ethical scenario arose during my first six months in this management role involving a 21-year-old employee who I witnessed smoking pot in the parking lot over lunch break. This scenario demanded that I consider the needs of the employee, as well as satisfying my obligations for enforcing the strict drug use policy administered at the senior levels of the company. This project describes the ethical scenario in detail, offering personal reflections on the incident as well as suggesting an ethical framework for handling situations like this in the future.
The situation which occurred had a young worker smoking pot on his lunch break on the company grounds. This, according to policy, is a termination offense and it is expected...
7 Pages (1750 words) Case Study

National Competitive Advantage

We have already seen that some of the countries which are blessed with immense land struggled to attain proper economic progress. Algeria, Argentina, Kazakhstan, etc are some of the big countries which struggled to achieve proper economic growth. Same way Afghanistan is a country that is blessed with immense natural resources but failed to properly because of other political reasons. Thus the traditional economic theories are not compatible with deciding the competitive powers of nations at present, especially in the current globalized environment.

Michael Porter while teaching at Harvard University in the ’70s and ’80s has made a lot of researches with the help of his associates in order to formulate a theo...
8 Pages (2000 words) Case Study

Michael Porter's Diamond of National Competitive Advantage

This advantage is gained by the nation by increasing demand for that commodity by other nations. Either the nation with the competitive advantage has gained this edge because of the cheap labor available in their region, or it is due to the amazingly high quality of resources that are available within their region. The reason can be any – but once the competitive advantage has been gained, it goes a long way in helping the nation to rule the international market for that commodity and it even gives the nation the power to dictate prices at times, especially if there is the scarcity of that commodity or the raw materials needed to make that commodity in other parts of the world, or if the commodity is a staple good or a fast-...
8 Pages (2000 words) Case Study

Political Environment in the USA

The government of the United Kingdom today is stable with no possible threats of destabilization in the future. The overall impact of the political environment compels the firm to follow the standards set by the government in order to operate in the industry that may be termed as added costs. Taxation is not much too; hence the fast food industry is currently thriving and growing rapidly.

The economic condition of the country is favorable. Although the whole world has been hit with a recession, including the United Kingdom, it has brought great news for the fast-food industry. According to reports, there has been a growth of 8% in the fast-food industry; the major brands which were successful were Domino’s Eat and...
8 Pages (2000 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Competitive Environment for FREE!

Contact Us