Answered

At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Join our platform to connect with experts ready to provide precise answers to your questions in various areas. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

Industry boundaries and the strengths of Porter's 5 forces are not static and thus they change over time. For instance, Airbnb has completely changed the boundaries of the lodging industry and has seriously decreased the bargaining power of suppliers whereas it has tremendously increased the bargaining power of buyers. What are some other examples of industries that have evolved over time

Sagot :

Answer:

The explanation of the statement is summarized mostly in the explanation section following.

Explanation:

  • However one illustration could be seen throughout the FMCG as well as Grocery industry, everyone is always selling internet based as well as home transportation has been one of the primary targets on either the basis of these observations. Amazon, Goffers, and so on are attempting to sell through that whole platform.
  • The DVD as well as the Amusement business sector has indeed been actively engaged in such a radical change throughout cloud-based as well as mobile phone saturation. Because of the influence of technological advances, we could even conclude that certain changes have taken place.
  • Throughout based on competitive strength, that would be the direct consequence of rivalry between the world's top corporations. Everybody is endeavoring to destabilize new technology.

Then again the market price has indeed been increased significantly, so organizations are attempting to represent individuals with a reasonable profit.

Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.