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Michael Porters industry analysis

   
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Title: Michael Porters industry analysis
 
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Subject: Business
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Date: November 14, 2006
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Length: 2 / 537
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This allows company to outsource some of the raw materials needed to meet a mass demand without it declining revenues. 5. The threat of substitute products is the existence of close substitute products increases the demand of customers to switch to alternatives in response to price increases...
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With gamers, they rarely switch from Xbox to PlayStation and vice versa. What will usually happen in a case like this is let’s say you want to get a basketball game that’s not over $50 dollars. Rather than get “NBA Live 09” which is $50 dollars the consumer can go get “ESPN’s 2k9” which is comparison is the same game at a lower price...
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