1 thought on “The degree of competition of interbank competitors with five force model analysis”
Misty
Enterprises in most industries are closely linked to each other's interests. As part of the company's overall strategy, the competitive strategy of the enterprise is to enable their companies to gain the advantages of competitors. Therefore During the implementation, conflicts and confrontation are bound to cause conflicts, and these conflicts and confrontations constitute competition between existing enterprises. The competition between existing enterprises is often reflected in price, advertising, product introduction, after -sales service, etc., and its competitive intensity is related to many factors. In general, the following situations will mean that the competition between existing companies in the industry is intensified. This is: the industry has low obstacles, more mathematical competitors, and extensive competitors in competitors; Mature, product demand growth is slow; competitors attempt to use price reduction and other means to promote; competitors provide almost the same product or service, and user conversion costs are very low; a strategic operation is considerable, its income is quite considerable; companies with strong external strengths in the industry; After receiving weak companies in the industry, offensive operations were initiated, and as a result, the enterprises who were just received became the main competitors in the market; the withdrawal obstacles were higher, that is, the exit competition was higher than the cost of continuing to participate in the competition. Here, the obstacles to exit are mainly considered by the aspects of economic, strategic, emotional, and social and political relations. Specifically include: the dedication of assets, the fixed expenses of exit, the strategic mutual restraint, the unacceptable emotion, the government and the society Various restrictions, etc. E every enterprise in the industry must cope with the threat of the above forces, and customers must face the actions of every competitor in the industry. Unless you think that positive confrontation is necessary and beneficial, such as requiring a large market share, customers can enter barriers through settings, including differentiation and conversion to protect themselves. When a client determines its advantages and disadvantages (see SWOT analysis), the customer must perform positioning in order to be damaged due to potential guidance, rather than expected environmental factors, such as product life cycle, industry growth rate, etc., and then protect themselves to protect themselves. And make preparations to effectively respond to other companies' actions. In the discussion of the five competitive forces above, enterprises can adopt as much as possible to isolate their own operations and competition forces, strive to affect the industry competition rules from their own interests, and then occupy a favorable market position before initiating. Offensive competition and other means to deal with these five competitive forces to enhance their market position and competitive strength.
Enterprises in most industries are closely linked to each other's interests. As part of the company's overall strategy, the competitive strategy of the enterprise is to enable their companies to gain the advantages of competitors. Therefore During the implementation, conflicts and confrontation are bound to cause conflicts, and these conflicts and confrontations constitute competition between existing enterprises. The competition between existing enterprises is often reflected in price, advertising, product introduction, after -sales service, etc., and its competitive intensity is related to many factors.
In general, the following situations will mean that the competition between existing companies in the industry is intensified. This is: the industry has low obstacles, more mathematical competitors, and extensive competitors in competitors; Mature, product demand growth is slow; competitors attempt to use price reduction and other means to promote; competitors provide almost the same product or service, and user conversion costs are very low; a strategic operation is considerable, its income is quite considerable; companies with strong external strengths in the industry; After receiving weak companies in the industry, offensive operations were initiated, and as a result, the enterprises who were just received became the main competitors in the market; the withdrawal obstacles were higher, that is, the exit competition was higher than the cost of continuing to participate in the competition. Here, the obstacles to exit are mainly considered by the aspects of economic, strategic, emotional, and social and political relations. Specifically include: the dedication of assets, the fixed expenses of exit, the strategic mutual restraint, the unacceptable emotion, the government and the society Various restrictions, etc.
E every enterprise in the industry must cope with the threat of the above forces, and customers must face the actions of every competitor in the industry. Unless you think that positive confrontation is necessary and beneficial, such as requiring a large market share, customers can enter barriers through settings, including differentiation and conversion to protect themselves. When a client determines its advantages and disadvantages (see SWOT analysis), the customer must perform positioning in order to be damaged due to potential guidance, rather than expected environmental factors, such as product life cycle, industry growth rate, etc., and then protect themselves to protect themselves. And make preparations to effectively respond to other companies' actions.
In the discussion of the five competitive forces above, enterprises can adopt as much as possible to isolate their own operations and competition forces, strive to affect the industry competition rules from their own interests, and then occupy a favorable market position before initiating. Offensive competition and other means to deal with these five competitive forces to enhance their market position and competitive strength.