Wednesday, April 22, 2020

The Number One Question You Must Ask for Ib 2015 Tok Essay Topics

The Number One Question You Must Ask for Ib 2015 Tok Essay Topics An elongated essay in company and management provides students with a chance to perform in-depth research in a place of private interest regarding business and management. Outline functions as a plan, which will lead you throughout the drafting process. The other person's perspective is a superb concept to see powerful and weak points in the job. The creation of knowledge appears to require creativity at each phase of the practice. Once a writer has these, they formulate a blueprint they can use to make certain that the writer effectively organizes all the main points they would like to deliver. Identify knowledge problems that you can accurately describe and support. 1 motivation of having confidence in the organic sciences is the simple fact it is based off reason. It's truly the foundation of what you're going to present to your instructor. This video and audio course will offer you all of the secrets you should do it. Mention how these ways help determine the knowledge within this particular area, for instance, emotion doesn't apply to Math data but it is rather relevant for perception of Art. In this manner, you can see that theories in natural sciences would be rather convincing. Like it or not, the study of all-natural sciences and mathematics are indispensable for every one of our lives. The interdisciplinary character of knowledge questions makes it simple to delve into several regions of knowledge. Discuss regarding science and at least one other region of knowledge. Ib 2015 Tok Essay Topics: No Longer a Mystery Your selection will decide the level of your final Theory of Knowledge essay! Its main aim is to receive your noggins churning. Try to remember the essay you're structuring isn't just like any other, it's a Theory of Knowledge Essay. The internal assessment is a rather important part of the IB Geography course. Here's What I Know About Ib 2015 Tok Essay Topics Buying essays should not lead to a headache. Your on Aspirin is going to be written from scratch, and that means you don't essay on indian poverty to be concerned about its originality. Doubt can be viewed as fear of the unknown. But, later on, God is going to be the judge of everybody God. Ignorance doesn't result from that which we don't know! This structure is a foolproof, step-by-step method you are able to use on any ToK essay to receive quite high marks. It is a very good, step-by-step method you can use on any ToK essay to get very high marks. Therefore there's a mathematical structure isomorphic to our own universe and that's the universe we are living in. Be sure to follow along with the right format. For every single argument, you desire a counter argument. Your objective is to work with basic essay structure, in place of against it. Ensuring your evidence actually supports your claim is among the toughest characteristics of the essay. A very clear grasp of the meanings of these important words in Theory of Knowledge course is essential in the evolution of a very good ToK essay. You might deal with subject of privilege here. Don't overlook the word limit, which maynot exceed 1,600 words, otherwise it is going to be penalized. Again, 1,600 words is a tiny space to cover some rather big topics.

Discursive Essay Topics That Help You Stay on Topic

Discursive Essay Topics That Help You Stay on TopicThe common question in high school or college is: Which topic should I write about for my discursive essay? Discursive essay topics are a little different than essay topics because they're more conversational. The difference between them is that the former uses a lot of verbal and written clues in order to uncover a topic, whereas the latter uses a different method to discover a topic.In most cases, students who are beginners to writing get stuck when they have two main topics that they want to try and figure out. One of the things they do is try and find out the best way to decide on what to write about for each topic. It is especially important that the writers not forget to communicate the purpose and idea behind the topic in order to be successful in the process.There are so many options available to students who are just starting to write their first essay that they are overwhelmed at first. However, there are only so many ways to express your thoughts or ideas so it is important that you know what the rules are in writing a discourse essay topic. Your student should be able to tell you what to write about. If he/she cannot, it is a sign that the topic that you are trying to decide on is too broad and needs to be narrowed down.What is more important to know, is the things that you will have to write about after you have already decided on the main topics. For instance, if you are studying Spanish, then the following discursive essay topics are very good topics: getting acquainted with a new language, the history of the language, language education, and the basic structure of the language. If you are writing about scientific concepts, such as cell biology, physics, or biology, then these topics are also good ones to choose from.Remember that there are only two rules to follow when writing your discursive essay topics. The first rule that you should follow is that you should stick to the topic of the essay a t hand and avoid subjects that do not relate to your subject matter.This is the main reason why most students who are writing essays for exams do not stick to one particular research topic. They choose their topics based on whatever was in front of them, and this is a good thing. If you cannot stick to your topic because of your body of knowledge or passion, then you should have a look at your objective in writing a discursive essay topic first.The second rule to follow when choosing a topic is that you should have the topic in mind before you begin writing your topic. If you have not got the topic in mind at all, then you should look at what you are looking for when writing the essay. There are many kinds of topics to choose from and you should be able to choose the one that fits your topic interest.Writing can become very intimidating when you don't know where to start or even how to begin. So, start with a couple of topics you already have some interest in, and then narrow it dow n by keeping track of what you have already learned. This will save you a lot of time and help you focus on the main topics that you need to write about in order to be successful in your writing.

Sensitive Information About Essay Topics on Memory Only the Pros Know Exist

Sensitive Information About Essay Topics on Memory Only the Pros Know Exist So you don't actually need to get a topic! In the following article, I'll help you do precisely that. This informative article is likely to address forensic psychology as a distinctive field under psychology for a whole. Your stories aren't debatable. Select a distinctive topic that others may not think of, and whatever you select, make certain you know a lot about it! Your topic needs to be able to allow you to move to the concrete particulars and not to fly from 1 point to another. It's always much much better to locate a specific, narrow topic. The Birth of Essay Topics on Memory It gives a limit to the content that may be written. The order is quite important to supply you with an excellent stream of ideas and data. To begin with, the info contained in both the class notes and the site addresses the various sorts of memories possessed by human beings. Make certain you give clear explanations of the things on your list also. Top Choices of Essay Topics on Memory Some individuals live their lives in accordance with their religion while some don't think you should factor that into decision making in regards to determining rules for everybody. Based on the sum of attention someone gives to something is dependent upon how well an individual will keep in mind that fact or event. Most significantly, you ought to be in a position to describe how it has changed you from the type of person you were to the better person which you are now. The main reason for it is extremely simple. For instance, the information about the physiological functioning of human brain is contained in an internet electronic Neuroscience Textbook which can be accessed in the very same site. No matter the content, it's probably short and vague. Thirdly, the web site discusses different mechanisms involved with the operation of human memory. The War Against Essay Topics on Memory Creative Essay writing is currently recognized among the most helpful activity for kids for their general personality development. Firstly, you must earn a strategy. Always make a brief plan before you commence writing. This is just but a fast guideline that will help you out with your work. Application essays abo ut challenges reveal how you respond to difficulty to individuals who are quite interested in how you are going to deal with the subsequent four years all on your own. These questions should inform your complete college application procedure. Life could be exceedingly carefree. Consider the experience that you wish to write about. It is probably that every individuals have their dreams of succeeding in life. Facts, finally, will always win out against how folks are feeling at a specific moment. Also, a lot of children of all ages had the ability to correctly identify false memories. When you read a story about food, most folks warm up and begin contemplating their very own favourite foods and household gatherings. Using Essay Topics on Memory It's well-known that learning to compose clear and concise essays takes a whole lot of time and energy. While older children's earliest memories appear to be more stable and not as likely to be forgotten (though they could have difficu lty recalling them and need cues). When it has to do with deciding on a topic, don't be fearful of the ones that sound generic, since you can use creativity to bring it to life. Moreover, writing such papers can help you understand and sometimes resolve your feelings. When you master the art of producing thesis statements you may be certain to excel. On the flip side, in the event that you made a very good choice, focus on what influenced you to make that decision and the way it has changed you. If you decided to compose a persuasive thesis statement, make sure that it's strong enough to pose excellent arguments. Your thesis statement is the significance of that function. Argumentative essay topics are so important since they are debatableand it's critical to at all times be critically considering the world around us. Read your essay aloud so that it is possible to observe the way that it flows and determine where you will need to improve it. Inside my experience, descrip tive essays are only difficult in regards to deciding just what things to write about. This essay will explore both views in details. For this essay, don't be afraid to acquire silly or serious but make sure that you go all of the way whichever side you pick! When it has to do with writing an argumentative essay, the most essential point to do is to select a topic and an argument which you can really get behind. Just follow these easy steps of the essay writing procedure, and you'll observe that writing a fantastic essay on your childhood memories is really quite straightforward. When writing this essay, select a subject of interest.

What to Expect From the Ben Franklin Essay Sample

What to Expect From the Ben Franklin Essay SampleWhen you read the Ben Franklin essay sample, you are reading part of a larger work. Part of this book was written in the late 1790s, while Benjamin Franklin wrote other parts of the same book later. The point is that the Ben Franklin essay sample is not a complete work by itself.We think of an essay as a piece of writing that we take to school, or to an exam. The Ben Franklin essay sample is a unique 'book' that allows students to learn how to write well. This book is full of words and sentences that are very easy to understand and make some quick sense.Words that are said slowly and written in a rhythm that makes sense. A lot of times, students may be able to say a certain word or phrase quickly, but not understand it. In the course of the Ben Franklin essay sample, they will be learning how to use the language correctly.Students will learn how to use certain types of sentences properly. They will also learn how to use forms of the En glish language that are considered 'exotic.' In fact, the thought to write in this manner is that it may sound strange to someone who does not understand it, but can actually make it sound more real to those who understand it.Using this essay as a learning tool, you will be able to come up with essays that are just as impressive as those written by the man himself. Because the words are so simple, they should translate into an interesting and enjoyable way to write. Instead of just doing a boring, straightforward first draft, you can bring your creativity to the writing process.The essay sample will help you understand what types of things to write about. As long as you follow the guidelines and donot deviate from the structure of the essay, you will be able to come up with an original and unique piece of writing. If you have never written an essay before, or if you are just trying to get better at it, this is one of the best places to get help.When you are done with the Ben Frankli n essay sample, you should feel confident about using the words that you have learned. You will also be able to use these words to create successful work of your own. You can use the knowledge that you have gained in your essay, to help others with their own writings.Writing an essay can be difficult, especially if you do not know what to write about. In the course of the Ben Franklin essay sample, you will learn the different styles of writing that can be used. When you start your own essay, you will find that the basics of the essay will be simple, but it will take practice to see the results that you want.

Friday, April 17, 2020

Strategic Management Case Study about Movie Industry

Industry environment analysis Threat of new entrants.  AnalysisAdvertising We will write a custom case study sample on Strategic Management: Case Study about Movie Industry specifically for you for only $16.05 $11/page Learn More Factors (affecting the threat of new entrants) Analysis Threat Rating of New Entrants   Economies of scale:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Large scale production is of essence for economies of scale.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   However, the movie industry can still succeed if it operates in small scale basis  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Small scale producers can rely on the home watchers as opposed to theatre loving clients. High Proprietary product differences:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Products in the movies industry are poorly differentiated.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   There is nothing unique that is offered by different stakeholders.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The only differentiation that exists adopts the Hub and Spok e strategy where movie companies seek an identity in a specific line of production, but also venture into other forms of production. High Brand identity:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Some brands have a dominating identity such as 20th Century, MGM, Waner Bros, Columbia pictures among others.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   New entrants may find it hard to compete with the established firms. However, if they have an interesting movie, then they can make major sales as the switching costs are low. Medium Buyer/customer switching costs:     ·Ã‚  Ã‚  Ã‚  Ã‚   Inexistent switching costs.  ·Ã‚  Ã‚  Ã‚  Ã‚   There is no product attachment to customers in the movie industry.  ·Ã‚  Ã‚  Ã‚  Ã‚   Any possible switching cost may be associated with movie theatres for customers with loyalty tickets and may opt not to switch to another competitor.    High Capital requirements:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Massive movie production requires a high capital outlay.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Small entrants may not be able to compete with existing producers or theatre owners.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   New producers can easily utilize existing market, both the individual market and the theatre market.    High Absolute cost advantages:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Existing players, both producers and theatre owners have acquired comparative advantage due to the experience they already posses.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Most existing theatres are already strategically placed.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   This disadvantages the new entrants. Low Government Policy:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The government has adopted a policy of market regulation.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   This has made it easy for new entrants to join the movie industry. Medium Expected retaliation:     ·Ã‚  Ã‚  Ã‚  Ã‚   The movie industry has always adopted a counter offer strategy (O’Regan, 2010). When one producer produces a new movie that is unique, the others quickly produces their vers ions killing the competitive advantage of the initial innovator. A good example is the 2005 production of Hotel Rwanda by Lions Gate Entertainment and the subsequent release of Sometimes in April, based on the same story of Rwanda’s genocide by Home Box Office.  ·Ã‚  Ã‚  Ã‚  Ã‚   In keeping with this spirit, a major backlash for an innovation from a new entrant is expected. High Overall Rating: High-Medium Bargaining power of suppliers.  Analysis   Ã‚   Factors (affecting the bargaining power of suppliers) Analysis Rating of Supplier Power   Differentiation of inputs:     ·Ã‚  Ã‚  Ã‚  Ã‚   There is no differentiation of inputs as what is supplied to movie theatres is the same.  ·Ã‚  Ã‚  Ã‚  Ã‚   Theatres should use different suppliers as opposed to sticking with one movie producers. Low Switching costs of suppliers and firms in the industry:     ·Ã‚  Ã‚  Ã‚  Ã‚   There are no switching costs associated with the change of the movie suppliers. à ‚ ·Ã‚  Ã‚  Ã‚  Ã‚   All the benefits offered by one producer can be offered by another producer.    Low Presence of substitute inputs:     ·Ã‚  Ã‚  Ã‚  Ã‚   There are no clear substitutes in the movie industry.  ·Ã‚  Ã‚  Ã‚  Ã‚   However, rivalry among the suppliers denies them any considerable advantage due to the lack of substitutes.  ·Ã‚  Ã‚  Ã‚  Ã‚   Thus, theatres enjoy as though there are substitutes. Medium Supplier concentration relative to industry concentration:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   There are fewer suppliers compared to the overall industry concentration.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The suppliers also have the theatre markets as well as individual markets.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   This makes them to have a considerable say as far as supplying of products is concerned. Medium Importance of volume to suppliers:     ·Ã‚  Ã‚  Ã‚  Ã‚   The costs related with production makes suppliers to prefer large scale buyers.  ·Ã‚  Ã‚  Ã‚  Ã‚   Although it is ea sy for suppliers to sell to individual customers, it is more cost effective to directly sell to theatres.  ·Ã‚  Ã‚  Ã‚  Ã‚   This is more so when the product is new in the market. High Cost relative to total purchases in the industry:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Most purchases are capital incentive.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Purchases of patents, rights as well as initial payment made to actors are capita intensive.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   This makes one purchase of a new movie into theatre screens a highly costly affair. Medium Information about supplier’s product:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Suppliers are good at supplying the sellers with the required information.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Due to their limited numbers, suppliers are known by the concerned buyers.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   This gives the buyers power over the suppliers. Low Supplier profitability:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Suppliers such as Lions Gate Entertainment, Home Box Office among other s have maintained high rates of profitability.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   However, the dying culture of movie theatres is slowly keeling the profitability levels in the industry.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The rise of internet marketing is compensating for this loss as suppliers can sell their products directly to global consumers (Chaffey, 2009). low Decision makers’ incentives     ·Ã‚  Ã‚  Ã‚  Ã‚   Incentives are purely based on product quality as opposed to external incentives.  ·Ã‚  Ã‚  Ã‚  Ã‚   External incentives are of no relevance to the industry. Low Threat of forward integration     ·Ã‚  Ã‚  Ã‚  Ã‚   A possible integration of the current suppliers can spell doom to the buyers as they can force the already high market rates up.  ·Ã‚  Ã‚  Ã‚  Ã‚   This, coupled with declining theatre culture would reduce the profitability of the direct service sellers. Medium Overall Rating: Low-Medium Bargaining power of buyers.  Analysis Factors (affecting the bargaining power of buyers) Analysis Rating of Buyer Power Differentiation of outputs:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The only available differentiators include; o   Price. o   Nature of the movie on the screens. o   Possible accompaniments.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   However, there is natural attachment of theatres and customers.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   This acts to ensure that the theatres maintain their clientele. Switching costs of buyers:     ·Ã‚  Ã‚  Ã‚  Ã‚   There are no significant switching costs for buyers.  ·Ã‚  Ã‚  Ã‚  Ã‚   Even where there is loyalty rewards associated with tickets, competitors can still come with better deals.  ·Ã‚  Ã‚  Ã‚  Ã‚   This makes the bargaining power of buyers very high. High Presence of substitute outputs:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   There are no true substitutes offered to buyers.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   However, the existence of similar products from other sellers makes the buyers to have a high bargaining power. à ‚ ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Products offered by competitors can act as substitutes. High Industry concentration relative to buyer concentration:     ·Ã‚  Ã‚  Ã‚  Ã‚   The concentration of sellers is relative.  ·Ã‚  Ã‚  Ã‚  Ã‚   This makes the competition among the sellers not to be too intense.  ·Ã‚  Ã‚  Ã‚  Ã‚   Buyers have medium power to decide on what they want. Medium Importance of volume to buyers:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Volume purchases are not very necessary in this industry.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Buyers have little effect to the prices offered by the sellers. Low Cost relative to total buyer purchases:     ·Ã‚  Ã‚  Ã‚  Ã‚   The prices are shaped by the relevance and newness of a film in the industry.  ·Ã‚  Ã‚  Ã‚  Ã‚   Thus, costs are not associated with volumes, but the nature of the movie.  ·Ã‚  Ã‚  Ã‚  Ã‚   Therefore, buyers have an insignificant role in determining the prices. Low Buyer information about the industry output:     ·Ã‚  Ã‚  Ã‚  Ã‚   Individual buyers have a choice of either purchasing or renting the product they want.  ·Ã‚  Ã‚  Ã‚  Ã‚   Theatre buyers have to content with what the sellers have put forth.  ·Ã‚  Ã‚  Ã‚  Ã‚   The bargaining power of buyers is low. Low Buyer profitability:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The rising social strain among buyers affects their ability to buy.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   This has led to reduced consumers of theatre services. Medium Decision makers’ incentives:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Theatres always offer incentives to attract clientele.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   However, common incentives are replicated by the competitors hence denying business a distinct comparative advantage. Low Threat of backward integration:     ·Ã‚  Ã‚  Ã‚  Ã‚   There is no threat for backward integration in the movie industry. Low Overall Rating: Low-Medium Power of substitutes.  Analysis Factors (affecting the power of substitutes) Analysis Threat   Ra ting of Substitutes Relative price/performance of substitutes:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   There are no clear substitutes in the movie industry.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Only competing products can be seen as substitutes. Low Switching costs:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   There are no switching costs associated with the perceived substitutes. Medium Buyer propensity to substitute:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Buyers can easily be swayed to perceived substitutes depending on the quality of products put forth. Low Overall Rating: Low Intensity of industry rivalry.  Analysis Factors (affecting the intensity of industry rivalry) Analysis Rating of Industry   Rivalry Industry growth rate:     ·Ã‚  Ã‚  Ã‚  Ã‚   The movie industry has reached the maturity stage.  ·Ã‚  Ã‚  Ã‚  Ã‚   This is more experienced when the theatre culture is examined.  ·Ã‚  Ã‚  Ã‚  Ã‚   This spells uncertainties in the industry.    High High fixed costs:     ·Ã‚  Ã‚  Ã‚  Ã‚   Fixed costs in the movie industry is relatively high.  ·Ã‚  Ã‚  Ã‚  Ã‚   These especially true for producers as they must maintain a highly rewarded staff although on a contract basis.  ·Ã‚  Ã‚  Ã‚  Ã‚   Theatres must maintain high rents as they occupy huge areas in prime areas. Medium. Intermittent overcapacity:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   This problem has never been experienced in the movie industry. Low Product differences:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   There is little product differentiation in the movie industry.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   This makes it hard for one to strongly say that a specific service provider has an advantage over the other.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Lack of product differences makes pricing an important factor in this industry. High Brand identity:     ·Ã‚  Ã‚  Ã‚  Ã‚   There is no player in the industry who can claim brand identity.  ·Ã‚  Ã‚  Ã‚  Ã‚   This makes identity of a service provider to be seasonal depending on the nature of the existing product.  ·Ã‚  Ã‚  Ã‚  Ã‚   Generational change further complicates the issue of brand identity as generation Y is known to have no brand royalty. High Switching costs:     ·Ã‚  Ã‚  Ã‚  Ã‚   There is no significant switching cost associated with this industry. High Informational complexity:     ·Ã‚  Ã‚  Ã‚  Ã‚   The industry is virtually affected by the volumes information that exists concerning the products.  ·Ã‚  Ã‚  Ã‚  Ã‚   The movie industry is highly debated even in the social sites.  ·Ã‚  Ã‚  Ã‚  Ã‚   This may help a service provider to bask in phenomenon fame which may translate to massive sales. High Concentration and balance:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The movie industry is not as concentrated as many other industries.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   However, the few players in the business have intense competition among them. Medium Diversity of competitors:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   There is no significant diversity in this industry. The n ature of the products cannot allow for diversification of products. Medium Corporate stakes:     ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   There are little side activities that exists for the industry players.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   This makes the industry players to remain in business regardless of fluctuating markets.  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Thus, rivalry is intense. High Exit barriers:     ·Ã‚  Ã‚  Ã‚  Ã‚   There is little option left for most industry players.  ·Ã‚  Ã‚  Ã‚  Ã‚   Thus most of them must remain in the industry regardless of the changing market.  ·Ã‚  Ã‚  Ã‚  Ã‚   It is hard to sell the investments already made to other industry players. High Overall Rating: High Summary of Industry environment analysis The concept of industry environment analysis has been used for several decades now to analyze various factors that are external to the business, but remain critical in the quest for crafting a comprehensive competitive strategy. In 1980, Michael Porter came up wi th a five force model that has remained instrumental in the analysis of the business environment. In this five force model, Porter established that there are various factors that need to be well catered for by any company that intends to craft a competitive strategy.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More In his quest to come up with a competitive force model, Porter managed to group the external environment into five major categories that he named as the bargaining power of suppliers, the bargaining power of buyers, threats posed by new entrants, the level of rivalry that exists among the existing firms and finally the threats posed by the substitute products (Porter, 2008). Conducting an environment analysis in the movie industry allows one to establish the extent of the existing opportunities as well as threats posed by external factors (Hill and Jones 2009). In the environ mental analysis of the movie industry, it is evident that the threats that are posed by the new entrants are relatively high though they have been rated as High-Medium. This indicates that the huge capital outlay that is required to venture into this business can discourage potential entrants form joining the business. However, this does not mean that it is impossible for new entrants to join the industry provided they can comfortably raise the required costs. It is also evident that the lack of switching costs on the part of the buyers acts to the disadvantage of sellers such that the sellers can easily lose their clientele if it decides to switch to a competitor. The buyers can do so with ease as they have nothing to lose form an engagement where they choose the services of a competitor. It is also evident that the general lack of clear substitutes in the movie industry makes the sellers to have an advantage especially due to the fact that they can easily retain the market share. However, the weakening power of buyers due to change in lifestyles as well as a changing economic factors have colluded to deny the movie industry valuable revenues that were initially associated with it. As far as substitute products are concerned, the lack of clear substitutes in the movie industry has ensured that the power of substitutes has an insignificant influence as far as the extent of strategy crafting is concerned. Movies do not have a direct substitute hence the overall rating of this category of external environment is low. When the intensity of industry rivalry is examined, it is evident that the movie industry is characterized by stiff competition among the main industry players. A shrinking market due to a change in the overall societal culture has led to intense competition especially to ensure that firms survive.Advertising We will write a custom case study sample on Strategic Management: Case Study about Movie Industry specifically for you for only $16.05 $11/page Learn More Lastly, the bargaining power of suppliers in the movie industry is low, despite their limited numbers. This has been occasioned by the nature of rivalry among the players as well as lack of a clear differentiation of the products offered. Each supplier gets an opportunity to bask in glory when a specific product is fresh thus attracting thousands of viewers. However, due to the short product lifecycle associated with the industry, the suppliers have little bargaining power. Reference List Chaffey, D. 2009. Internet marketing: strategy, implementation and practice. New York: Prentice Hall. Hill, C. and Jones, G. 2009. Strategic Management Theory: An Integrated Approach. Upper Saddle River: Cengage Learning. O’Regan, T. 2010. Local Hollywood: Global Film Production and the Gold Coast Ben. New York: UQP. Porter, M. 2008. On competition. New York: Harvard Business Press. This case study on Strategic Management: Case Study about Movie Industry was written and submitted by user Iker Klein to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.