My company name is Publix. The
company is in United States. The specialty or key area of the company is the supermarkets,
and one of the largest employee-owned grocery chain. There are many companies
working in supermarket sector and effectively working or serving other people as
well as they are considered as a big giant in the market. There are some
competitors like Sprouts Farmers Markets, Kroger, Whole foods market, as well
as Seven & I holding. The company can play a role by building profitable
relations with the suppliers of raw material and shipping partners. For example,
to make the services a valuable company needs to make profitable relations with
the suppliers and distributors.
Which firms have a competitive advantage and disadvantage in this
industry, and what are ecological implications for each group? What is your
firm’s performance level relative to these groups?
There are some companies around
which have competitive advantages and the disadvantage. The other companies
have some notable advantages in the competition. Publix has a very first
advantage of competing with Amazon and Walmart is that the company will be
famous and automatically advertised by the audience, company as well as the
competitors. The very notable disadvantage is that the company can take further
steps to defeat it and the survival will become tougher for the company. The
performance of Publix is good and satisfying, and people or customers are happy
to have our services.
What are the key opportunities and risks related to sharing value in
this industry? What are your assigned firm’s strengths and weaknesses, relative
to these specific opportunities and risks?
Some key opportunities and risks
are highlighted here in supermarket grocery chain industry. The major risk is
that if Publix is thinking of opening the branches in the new targeted areas,
it may be possible that the people do not buy their services or other competitors
in those areas may hold the market share already, and there may no space for
Publix. The opportunity is the whole world is ours to play here openly. The exiting
company has a powerful portfolio, business structure, and competitive
advantage, so Publix can easily conduct the business there.
Unit 2
How has the industry’s structure had an impact on the nature of
competition?
The company Publix has a stronger
business structure, which is very impactful on the nature of the competition.
The porter’s five forces model is very helpful in identifying the key forces as
well the threats which can affect the company business.
What effects has the industry’s broader institutional environment had
on the nature of competition?
There are some effects that have the
Publix’s broader institutional environment has on the nature of the
competition. The pest analysis is very effective which tells the company what
kind of competition is. The environmental forces are identical by the Pest
analysis.
What form of change has this industry experienced recently, and how has
it influenced the nature of competition?
Some notable changes are made in
the industry. The superstore's industry has shifted on the technology as well
as they are now serving from internet because the choices of the customers and
potential buyers have changed.