MANAGEMENT INFORMATION SYSTEMS
15th Edition
ISBN: 9780134640037
Author: 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 a 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 needs to be made with the channels that need to be distributed.
- Substitutes
- Alternative that is present relative to the quality or price ratio...
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