Industry Analysis using the follow below for a Finanical Services(Banks) Threat of new entrants. refers to economies...

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General Management

Industry Analysis using the follow below for a FinanicalServices(Banks)
Threat of new entrants. refers to economies of scale, capitalcosts, switching costs, retaliation,
Bargaining Power of Supplier and Buyer
Threat of substitutes. refers to if the quality and performancesubstitute products (outside of the industry) are equal to orgreater than the existing products of firms within theindustry.
Competitive rivalry. refers to strategic stakes, exit costs,storage costs

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ANSWER INDUSTRY An industry is a group of companies which produce similar goodsservices INDUSTRY ANALYSIS Industry analysis is a toll that facilitates a companys to understand its position relative to other companies that produce similar products Industry analysis enable companies to identify the threats and opportunities around it Industry analysis helps in forecasting of future trends The industry analysis can be perform in two ways Qualitative Analysis Quantitative Anaysis Qualitative Analysis Qualitative Analysis includes Porters five forces which are explained below Threats of new entrants Threats of subsitutes Bargaining power of Buyer Bargaining power of supplier Competitive Rivarly 2 Quantitative Analysis Quantitative Analysis includes both financial and nonfinancial See Answer

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