Author(s): Mária Kecskés Mráziková
Title: Analysis of the Sectoral Environment in Selected Company According to Porter
Source: International Scientific Days 2018 :: Towards Productive, Sustainable and Resilient Global Agriculture and Food Systems :: Proceedings
ISBN: 978-80-7598-180-6
DOI: https://doi.org/10.15414/isd2018.s5.10
Publisher: Wolters Kluwer ČR, Prague
PY, pages: 2018, 1277-1284
Published on-line: 2018-11-09
Language: eng
Abstract: At the present time, full of dynamic changes, the necessity of a quality management system and its introduction is quite obvious. Due to strong competition,
a growing number of enterprises, and ever-increasing customer demands, companies are introducing quality standards into all business processes.Our modern era requires companies to constantly
analyze and monitor the environment in which they operate.It is important to foresee the trends and changes so that organizations can have enough time to react.In our work, we focused on five
key areas that described it as a whole.In the beginning, we paid attention to the size of the mechanical engineering sector in which the company operates.In other parts of the work, we focused
on the analysis of the power of suppliers, purchasers, and competitors.The other two points of the analysis were the threat of entering the industry, and we described the possible substitutes.
The result is a table that gives the ratio between the factor and the level of risk represented for the organization.From the Porter analysis table, it is clear that the situation of Eurosvit, s.r.o.
on the market is positive. It is obvious from this synthesis that Eurosvit can expect a demanding period of continuous improvement with regard to the strategic objectives, which are very challenging and
ambitious.In particular, the focus should be on the continuous improvement of all business processes and quality, which will lead to improved overall performance and competitive advantages.
Keywords: enterprise, business, analysis, industry environment, Porter's model of five competitive forces
JEL Classification: M130, M000, M190
Rights:Open Access :: Creative Commons BY-NC-SA 4.0 International Licence
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