Essentials of MIS (12th Edition)
Essentials of MIS (12th Edition)
12th Edition
ISBN: 9780134238241
Author: Kenneth C. Laudon, Jane P. Laudon
Publisher: PEARSON
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Chapter 3, Problem 17MLM

Explanation of Solution

Impact of the internet on the five competitive forces:

The below are the impacts of the internet on the five competitive forces:

  • Direct competition
    • There is chance where there may be an increase in the number of competitors.
    • Based on characteristics of product or services.
    • Depends based on fixed cost amount.
    • Based on the height that is fixed for the exit barriers.
    • Competitors that is present in diversity.
  • New entrance entry
    • Differentiation in the product.
    • Requirement of the strong capital foundation.
    • The costs that is required in switching between.
    • The access that is needs to make with the channels that need to be distributed.
  • Substitutes
    • Alternative that is present relative to the quality or price ratio...

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