StudentShare solutions
Triangle menu

Industry Analysis - Essay Example

Not dowloaded yet

Extract of sample
Industry Analysis

This resulted in the concept of charging callers for outbound calls and also for receiving calls:” (Mobile, 2008). In the US, a lot of cell phone companies are still able to charge for receiving calls, whereas in Europe this has changed somewhat: this shows that strategy formulation has to change in this global industry. “While some systems of payment are pay-as-you-go where conversation time is purchased and added to a phone unit via an Internet account or in shops or ATMs, other systems are more traditional ones where bills are paid by regular intervals. Pay as you go (also known as "pre-pay") accounts were invented simultaneously in Portugal and Italy” (Mobile, 2008). Pre-pay accounts are currently a major draw in the US, and there is a lot of competition to offer the best service with the most options and coverage. Competition is a force in the general environment, and it is likely the force that is going to impact companies within this industry the most, as it continues to change and grow in the next few years. “The nature and degree of competition in an industry hinge on five forces: the threat of new entrants, the bargaining power of customers, the bargaining power of suppliers, the threat of substitute products, and the jockeying among current contestants” (Ireland et al., 2006). In this industry, even though barrier costs are high, substitute products are a real threat.
From the team perspective, the task environment of the cell phone industry is affected by many internal, as well as external, forces. In terms of the relationship of suppliers, “If a supplier can either increase the price of its product or reduce the quality
2006). This rule holds true for the cell phone industry as well. There is also a particularly strong domestic market in the US with strong and sustained growth. “Consumer mobile phone sales in the United States ...Show more

Summary

Over the next three years, the cell phone industry will face many changing forces, because by nature, this high tech industry is very dynamic and competitive. Strategic and decision making models in the cell phone industry are complicated. The impact from the general industry…
Author : eharris
Industry Analysis essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Industry Analysis"
with a personal 20% discount.
Grab the best paper

Related Essays

Industry Analysis
The motorcycle and related products segment encompass the following segments; Parts and Accessories, General Merchandise, Licensing, and Motorcycles. # 2 The four principal heavyweight motorcycle producers, apart from Harley-Davidson, include Honda, Yamaha, Suzuki, and Kawasaki.
3 pages (750 words) Essay
US Automobile Industry Analysis
US Automobile Industry Analysis This report analyzes the automobile industry in general, and considers a specific case of Honda Motor Company. The automobile industry, according to a 2007 census, consists of 174 companies, which employ 64,436 people (US Census Bureau, 1).
3 pages (750 words) Essay
Soft Drink Industry Analysis
So analysis of the situations is quite important in greater functioning of the firm. This is can be supplemented with idea of profitability of the business venture. To understand the functioning of the firm with respect to market trends and analysis, industry analysis is very important and critical.
6 pages (1500 words) Essay
Industry analysis
The employment in this industry is high and more and more young people study IT related subjects (U.S. Department of Labor,2006). Therefore, it is considered as an industry that will play a "vital" role in the national economy. The general environment is consisted of the wide economic, technological, demographic, sociocultural, environmental and political -legal environment.
3 pages (750 words) Essay
Industry Analysis
Unilever offers the world’s most successful consumer products and its brand is trusted globally. This paper provides an industry analysis particularly Unilever covering the factors that determine its success and
3 pages (750 words) Essay
Industry Analysis
In looking at the success factors, one of the things which I was supposed to do was to also mention the various ways in which the success factors can be measured. This was a challenge and I was not able to
2 pages (500 words) Essay
Industry Analysis
The automotive industry does not cover the companies that do the business of vehicle maintenance, after the vehicles are delivered to the final consumer. The automotive industry has been one of the major
5 pages (1250 words) Essay
Industry Analysis
Not only does Kuwaiti investment play an important role in capital markets, but also the United States stands as Kuwait’s largest supplier of imported goods. Kuwait is already home to many modern specialty
1 pages (250 words) Essay
Environmental and Industry Analysis
The three businesses also offer particular services that Guam Concierge will operate in as well. It is imperative to note that all the three businesses fundamentally offer varied services when compared to each other (Linsenman et al., 2011). Good-to-Go operates as a
2 pages (500 words) Essay
Industry Analysis
a mode of payment for customers, providing the secondary services like credit creation and provision of automated teller machines (ATM’s) to reduce money circulation in the economy. The industry lends out capital to small and big enterprises at interest-free as the Islamic
3 pages (750 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation