Quiz 2

8 porter's five forces terms

this glossary is about my infographic "five porter's forces"

create value
Degree of rivalry
Is the ability of a company to generate profits.
Example: One of the most important things to generate value is innovation.
en: crear valor
Create value for the company gives more profits.
customers
Buyer power
Is the person or company who receive a product or service.
Example: Falabella has so many customers.
en: clientes
this photo shows customers going to shop.
entry barriers
Threat pf entry
Entry barriers be obstacles that hinder the entry of other companies, like laws or social barriers (strike, discontents).
Example: An entry barriers be access to distribution channels.
en: barreras de entrada
Here we can see a man in front of a wall which hinder his goal.
influx
threat of entry
The Influx is the arrival of a large number of things or people.
Example: we'll see the influx of new customers.
en: afluencia
In this photo we can see the influx of people to get vaccinated.
measure intensity
Degree of rivarlry
Measure intensity in terms of economy strategies we measure the intensity knowing the rival industry, its prices, strategies, publicity, products new.
Example: when we start a project(company) we measure the intensity of rival company.
en: medir la intensidad
we can see diferents people's running, this refers to different companies competing to be the best, each one is different.
price-to-performance
Threat of substitutes
Price-to-performance make reference to the relation at the price of product and his performance. Is used to balance the cost of product and his efficiency.
Example: the most desirable result in the price-performance relationship is that the product is low cost and good performance.
en: precio-rendimiento
The price is balanced whit performance.
retooling
threat of substitutes
Retooling or retool is renew some artefact.
Example: We need to retool the furniture of the house.
en: reequipamiento
Here we can see a piece of furniture retool, it has a change.
supplier
Supplier power
Company or person who provides goods or services to another company.
Example: We need a supplier of vegetable oil.
en: proveedor
This is a person giving mercancy.