There is limited access to capital, and mines are increasingly more costly to find, acquire, develop and produce.
Potential Entrants Entry Threat: Huge capital requirement for a firm to enter in this segment. Rapidly evolving technology is another entry barrier as for a new entrant; it is very difficult to build technology advanced products right from the start as they will need time to understand the actual evolutions in this field.
Major firms like LG, Samsung, and Sony etc have efficiently built their supply chain and hence it will be very difficult for a new entrant to compete with them on price. LG, Samsung, Sony, Videocon etc have already developed their huge brand equity which will be very tough for a new entrant to establish in this market.
Brand loyalty to existing firms.
Since brand loyalty is moderate in this sector, hence this also imposes entry threat on new entrants. The Bargaining Power of Suppliers: Product differentiation is very low. Since most of the companies are developing similar kinds of products, therefore the power is very less.
Since there is no or very negligible switching cost, hence this again makes the supplier power to be on lower end. Impacts on inputs on cost: The Bargaining power of customers buyers: Use of internet to get all the information: Hence buyers are more informative and educated regarding products and this leads to increase in their power.
Mid to High price sensitivity of buyer. Since buyer are generally very price sensitive, so this also leads to increase in buyer power.
Feedbacks and suggestions available over internet. With era of internet, there is also increase in buyer power as buyers can now easily read the feedbacks and suggestions regarding the products. So they are more informed and also influence buying decisions of other powers.
INDUSTRY ANALYSIS -- A BRIEF OVERVIEW TABLE – SELECTED INDUSTRIES AND COMAPNIES GROUP-B CEMENT INDUSTRY INDIA CEMENTS LTD. GROUP-B CEMENT INDUSTRY JK LAKSHMI CEMENT LTD. methodology and appropriate chemicals to be used for identified pest problems. PESTLE Analysis of all Service Industry and Restaurants The purpose of this paper is to perform a pestle analysis on the service industry and restaurants. This will Industry Analysis - Cement Industry In India [pic] INDIAN INSTITUTE OF MANAGEMENT, INDORE Group 6, Section - E Industry Awareness - Cement Industry Submitted By Ankur Gupta. Pest Analysis On Cement Industry In India. PEST ANALYSIS The pest analysis refers to four main factors: POLITICAL ECONOMICAL SOCIAL TECHNOLOGICAL The analysis will focus towards the industry that how the political stability, rules and regulation, and the legal system of the country affecting the overall industry.
Buyer switching cost is very less; hence this also leads to increase in buyer power. Threat of substitute products or services Threat of substitutes are again from Mid to High. Due to changing technology, there is high threat of substitute products in this industry.
Buyer have huge propensity to substitute if any firm provide more technologically advanced product. Intensity of competitive rivalry The competitive rivalry is again very High in this industry due to following reasons.
There is continuous innovation in this industry making an intense competitive rivalry. Hence innovation leads to sustainable competitive advantage.
Sony is focussing on both quality and technology. Hence every firm has a different strategy and core competencies which make their rivalry even more intensive.The cement industry is growing at the rate of 8 to 10 % CAGR following the growth rate of GDP The per capita consumption of cement in India (about kg) is much less compared to average per capita consumption (about kg) for the rest of the world/5(6).
Go to India Brand Equity Foundation, IBEF, Business Opportunities in India and there you can find all information related to cement industry. INDUSTRY ANALYSIS -- A BRIEF OVERVIEW TABLE – SELECTED INDUSTRIES AND COMAPNIES GROUP-B CEMENT INDUSTRY INDIA CEMENTS LTD.
GROUP-B CEMENT INDUSTRY JK LAKSHMI CEMENT LTD.
methodology and appropriate chemicals to be used for identified pest problems. The PEST analysis is a useful tool for understanding market growth or decline, and as such the position, potential and direction for a business.
PEST is an acronym for Political, Economic, Social and Technological factors, which are used to . The Indian mining industry suffers from an out-dated, unattractive approach to mining education that is partly to blame for insufficient human resources.
Improvement in operational efficiency of the mining companies - Mining companies are in need of an organizational transformation to gradually align its operating costs to international standards. Search Results. Orica Limited Pest Analysis Orica Limited (ASX: ORI) Introduction Orica Limited (ORI) has become one of the world’s primary mining services .