Question: How does competition in the IT services industry differ from the printer/copier industry? Prepare and compare Five Forces Models of Competition for the two IT
How does competition in the IT services industry differ from the printer/copier industry? Prepare and compare Five Forces Models of Competition for the two IT industry segments. Select yes for those statements that are accurate and choose no for those that are not.
- The ability to collude and drive down prices is very difficult given the number of businesses buying IT and service, hence buyer bargaining power is of medium strength. (Click to select) Yes No
- Consumers have the ability to create all their IT tools in-house at a very low cost. (Click to select) Yes No
- Competitive rivalry in the IT industry is high given the number of strong competitors (Google, IBM, Amazon). (Click to select) Yes No
- It is not difficult for established companies to maintain a competitive advantage in this industry. (Click to select) Yes No
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