Discussion on Competitiveness-Porter’s Five Forces Analysis
1. Five Forces analysis items
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2. Five Forces analysis significance
Five Forces are used to define the market attractiveness and have a close effect on the components of the company’s service clients and profitability. The change in any power may attract the company to exit or enter the market.
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Our team further applies Five Forces analysis table to analyze Shinhochun Soy Sauce’s market attractiveness and sorts them out in this table |
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Our team further applies histogram to express the indicators of Five Forces of “Shinhochun” and sorts them out in this table |
3. Afterthoughts of Five Forces analysis
1. The making technology of soy sauce is not very complicate and the industry threshold is not high, so it is very important to improve the quality.
2. We have searched the internet for information: in Taiwan, black soybeans are planted only in the area of Chiayi in small quantities, and the black soybeans mainly rely on import. Thus, the cost in obtaining the raw materials in “Shinhochun” will be increased a lot.
3. There are many brands of soy sauce, so there are also many competitive rivalries.
Source：Wikipedia
