Question
Give Porter's five forces for the whole industry of Food Delivery Apps: GrabFood, FoodPanda, Deliveroo, and Honestbee. Explain thoroughly A. Threat of New Entrants (Explain)
Give Porter's five forces for the whole industry of Food Delivery Apps: GrabFood, FoodPanda, Deliveroo, and Honestbee. Explain thoroughly
A. Threat of New Entrants (Explain)
1. Economies of scale (Explain)
2. Working capital requirements (Explain)
3. Proprietary product differences secret formulae or processes (Explain)
4. Absolute cost advantages: patents or copyrights (Explain)
5. Brand identity (Explain)
6. Access to distribution (Explain)
7. Expected retaliation (Explain)
Provide a decision matrix to justify your final answer as to the barriers to entrants, the threat of new entrants, and the attractiveness of the industry.
B. Suppliers (Explain)
1. Supplier concentration (Explain)
2. Presence of substitute inputs (Explain)
3. Differentiation of inputs (Explain)
4. Importance of volume to supplier (Explain)
5. Impact of inputs on cost or differentiation (Explain)
6. Threat of forward or backward integration (Explain)
7. Access to capital (Explain)
8. Access to labor (Explain)
As with the threat of new entrants section, provide conclusions for each subsection as to the power of suppliers. Then provide an overall conclusion for this section using a decision matrix. Do suppliers have power and is the industry attractive?
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