Buy custom Porters 5 forces on Tesco
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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 581 |
Essay's paper body
They also face competition from businesses in other industries.
One Reason for this is:
Technology-Tesco's is into mails although this method of communication has been in existence for ages and is still used. But the internet enables messages to be sent faster than postal mails. So Tesco's might face competition from cyber cafes and such businesses operate within the Information Technology (IT) Industry...
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So Tesco's might face competition from cyber cafes and such businesses operate within the Information Technology (IT) Industry.
Threats of New Entrants:
Barriers will be placed on all new supermarkets entering the sector; this will be from the existing supermarkets. For example Tesco may have cornered the market for certain goods therefore has established a relationship with its supplier so that it will pay a lot less for large volumes of goods whereas the new supermarket will not be able to find cheap, reliable suppliers this gives Tesco's the advantage of economics of scale...
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General points of the essay
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