Physical resources, wildlife, and climate that are an inherent part of existence on Earth

Definition

Factors

Those elements or groups that directly affect a corporation and, in turn, are affected by it

Example

An in-depth examination of key factors within a corporation’s task environment

No firm has a large market share and each firm only serves a small piece of the total market in competition with other firms

Domination by a few large firms, each struggles to differentiate products from its competition

Specific to each country or group of countries

Operate worldwide with multinational companies

Multinational companies primarily coordinate their activities within regions

Short product life cycles

Short product design cycles

New technologies

Frequent entry by unexpected outsiders

Repositioning by incumbents

Tactical redefinitions of market boundaries as diverse industries merge

A set of business units or firms that pursue similar strategies with similar resources

Defenders

Prospectors

Analyzers

Reactors

A formal program of gathering information on a company’s competitors

Information brokers

Internet

Industrial espionage

Investigatory services

Definition

Entry barrier

Definition

Factors

Definition

Example

Definition

The supplier's power depended on

The identification of possible substitute products means searching for products that can perform the same function, even though they have a different appearance.

Government

Government

Creditors

Trade associations

Special-interest groups

Unions

Shareholders

Complementors