Five forces framework, The costs of manufacturing steel

Five forces framework

Reference no: EM1374882

The costs of manufacturing steel declined substantially from building a conventional hot rolled steel mill down to new mini mill technology that need only scrap metal, an electric furnace, and three hundred employees rather than iron ore raw materials, enormous blast furnaces, rolling mills, reheating furnaces, and thousands of workers. What effect on the potential industry profitability would Porter's Five Forces framework suggest this new technology has? Explain your reasoning?

Reference no: EM1374882

Questions Cloud

Journal entry to record brookhaven''s february payroll : Organize the journal entries needed to record the investments of Levy and Parcells and Prepare the required entry to record Brookhaven's February payroll. The entry will include deductions for the subsequent:

Will the offering want to be registered with the securities : Will the offering want to be registered with the Securities and Exchange Commission (SEC) under the Securities Act of 1933? Describe

Compute the price elasticity of demand for einstein''s bagels : Compute the price elasticity of demand for Einstein's Bagels as well as explain what it means.Originate an and expression for the (inverse) demand curve for Einstein's Bagels

Prepare different financial reporting standards : General Motors and Japanese Convergence vs. Chinese Convergence - prepare different financial reporting standards? What societal values and economic goals have caused the two Asian countries to prepare similar financial reporting standards?

Five forces framework : The costs of manufacturing steel declined substantially from building a conventional hot rolled steel mill down to new mini mill technology that need only scrap metal,

Draft a one-half page memorandum to terrio : Company owner Abel Terrio has reviewed the 2011 financial statements you prepared for Jackson Company as accountant, and questions the $6,000 loss reported on sale of its investment in Blackhawk Co. common stock - Draft a one-half page memorandum t..

Managing in today''s global environment requires : Managing in today's global environment requires organizations having managers who have been developed besides trained appropriately. Individuals, including managers, perceive people and situations in various ways

Schedule of interest bond and revenue discount amortization : Prepare a 3-year schedule of interest bond and revenue discount amortization, applying the straight-line method ?

Give an instance of an organization to which familiar : Give an instance of an organization to which you are familiar with and which had a strong culture, for good or for ill. What was that like, how did it affect the general experience in that organization?

User Account

All Pages