Using MIS (10th Edition)
Using MIS (10th Edition)
10th Edition
ISBN: 9780134606996
Author: David M. Kroenke, Randall J. Boyle
Publisher: PEARSON
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Chapter 3, Problem 3.15MML

a.

Explanation of Solution

Five force model for Flexible Screens:

The five force model for flexible screens is given below:

  • Threat of substitutes: 
    • The chances for substitutes for the product will be less if the product is new to the markets.
  • Threat of New entrants into the industry: 
    • When the ecofriendly technology becomes popular there are more chances for new entrants into the market.
  • Rivalries with other firms: 
    • Threat of rivalries will be low if the product is new to the market...

b.

Explanation of Solution

Influence of unique forces on competitive strategy of a firm:

  • An industry is highly influenced by the unique force which determines the competitive strategies of all firms.
  • Substitutes, competitors, new entrants, suppli...

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