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Real Estate Competive Corporate Strategy - Research Paper Example

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Real Estate Competitive Corporate Strategy Name: Institution: Real Estate Competitive Corporate Strategy Workplace Business Intelligence is a business intelligence tool for executives in real estate, and different facility management staff, to reduce costs by maximizing asset utilization and real estate space in the organization…
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Real Estate Competive Corporate Strategy
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Download file to see previous pages This gives a more comprehensive analysis of how real estate is getting used organization wide. Successful leading organizations put goals and targets, and measure their performance from these tools to ensure continuous improvements. Workplace Business Intelligence gives the organization an ability to compare progress against the set targets by monitoring vital metrics to remove existing organizational inefficiencies. They get used to compare the performance of different locations within the organization (Peoplecube, 2010). Workplace Business Intelligence is not only a real estate management tool, but a service designed to help recognize and remove inefficiencies in little small organizations to global enterprises. Every Workplace Business Intelligence engagement includes professional services not only to help with the installation of the solution, but to help in analyzing and improving the visualizations for the consumers’ different real estate business intelligence data, and develop new visualization required by every organization (Peoplecube, 2010). Porter’s five forces model theory Real estate is a leading is a leading industry in the United States national economy. Porter’s five model analysis tries to reveal the real estate industry and the reasons behind these phenomena. According to the analysis of the relevant state departments, there should be quick development of property management, a real estate industry that is growth oriented from quantity to quality and the growth and upgrading of consumption structure in order to give a high speed real estate industry development (Childress, 2004). Porter developed a structure and on the competitive environment and introduced the five forces model of competition, that is, the five forces model (Porter, 2000). According to Porter, the five forces determine the attractiveness of an industry. These forces include; threat of those who enter the market, threat of the substitute product, buyers bargaining power, suppliers bargaining power and the intensity of rivalry. Of The five forces, model determines the degree of competition in an industry; its basic assumption is the profitability of the industry, not only by the attributes of the product but the market structure decision of the industry. The five forces determine the real estate’s competitive strength and profitability. United States Real Estate Five Forces Model The threat of new entrants, buyers bargaining power, threat of substitutes and the intense competition among rivals directly affect the real estate industry and its competitive nature. The different interactions between the five forces determine the levels of industries profits. Threat of new entrants Foreign investors who have access to the to America’s Real Estate industry pose a significant threat. Foreign real estate enterprises and their related constructions and installation will create unprecedented pressure on the domestic enterprises. For a number, of these industries, the lack of ability to compete will force them to withdraw from the industry, and a large market share of the real industry market will be foreign owned. For most developers in America, this is not a challenge but rather a serious crisis of survival. The new entrants use a lot of resources to eliminate the original product; they provide their product at low prices reducing corporate profits of other real estate firms. Nevertheless, enterprise ...Download file to see next pagesRead More
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