No Essay Example | Topics and Well Written Essays - 3000 words - 2

No - Essay Example warring rivalry The competition in the automobile industry is relatively high since the companies capture flooded the grocery thus offering customers a number of choices. This high competition result to companies earning low profits since the be of the entire competition will also be high. Moreover, Better Places will face competition from early(a) energy producers such since they all struggle to occupy a shelter position in the market. A number of oil companies have linked with major political machine producers across the globe whereby they make practically of profits are being made. Threat from new competitors The industry dealing with hybrid electric vehicles is stable and well established. It has hold opened a significant average annual growth for many years. Thus, the potential take aim of threat from the new competitors is categorized as medium. This is because competition in this industry is already high because it is quite discouraging for the ne w companies that are struggling to get into the market. However, one of the largest threats is from the new competitors that are environmentally conscious in their lines of production. Threat from consumers Consumption begins with wholesalers and retailers who crave lower pricing for the products. Large retailing businesses share the product to many users whereas internet marketers or retailers cover a broader region in terms of sales. all told these customers opt for Better Places Autos product because of its convenient price and distribution. However, the demand for low pricing is a major threat for the ac conjunction since raw materials and other production be are too high in the car manufacturing industry. Threat from suppliers of raw materials As the trend of car fashions change from time to time, there is need for quality and modern products from the vehicle industry. Thus, for Better Place to maintain its position in the market, it should maintain its good relationship w ith suppliers since the prices of raw materials are fluctuating in the industry. This would modify the potent to acquire the relevant materials for its production at reasonable prices, or else, when the relationship is poor, the company would have some difficulty obtaining the raw materials for production. Threat from close substitutes Most likely, competitors who are coming up with standardised products that are environmental friendly are a greater threat to Better Place. It is expected that all the products from the company would outplay products from other companies with unparalleled quality and uniqueness. A Company such as Honda Motors is among the oldest manufacturers in the car industry thus products from such company can pose a threat to the companys products because of the famous name. Customers consider product differentiation since there are so many vehicles in the industry with the same features hence there is little threat from substitutes. 2. Scenario Planning Scena rio planning enables a firm to describe what is easy and possible to attain over a specific time frame. It permits specification of fussy objectives which are supposed to be attained in a sequence of both investment and instruction execution decisions. It therefore helps a firm to plan for the entire project regardless of the obstacles that might come on the way. The following steps are depicted in the Better Place plan Identification of Stakeholders The company identified stakeholders whose interests were similar to the founders