Question: please answer all 5 question. I need it please Starbucks and Dunkin Donuts are considered rival competitors in their industry. According to Porter's Flve Forces,




Starbucks and Dunkin Donuts are considered rival competitors in their industry. According to Porter's Flve Forces, which of the following provides the BEST explanation for why these two companies have such fierce tivalry? Stabucks and Dunkin are not ditferentiated from one another and are compoting strictly based on price. Tho fored costs associaled with the retail coffee industry aie too high and Statbucks and Dunkin do not have enough customers to cover costs The demand for the peoducts. Starbocks and Durkin offer is too low; thece are not enough customers for the two coempanios to retain. Starbucks and Dunkin aro roughly equal in size and power and are both trying lo gain position in the industry The two companies have CEO's that have been lifolong tivals of one anothet, 50 no matler what their products are they wil always be ferce rivals. are events and trends that create chances to improve an organization's performance level. Opportunitios Initial Public Offerings (IPOs) Competions Earning calls: External condibons: What do the letters for PESTEL stand for? Political, economic, socio-cultural, technological, environmental, legal Productivity, economic, socio-cultural, technological, environmental, legal Political, experience, socio-cultural, technological, environmental, legal Political, economic, strategy, technological, environmental, legal Political, economic, socio-cultural, technological, environmental, lean Six Sigma Understanding the intensity of rivaly among an industry's competitors is important because the degree of intensity helps shape the industry's profit potential. Of particular concem is whether firms in an industry compete based on price. When competition is intense and cut-throat, the prices competitors charge and their profit margins tend to On the other hand, if competitors avoid bitter rivalry, then price wars can be avoided and profit potential. decrease, increases increase, increasas docreaso, docreases increase, decteases stay the same, increase Regarding the PESTEL analysis, which is NOT a factor that it is an abbreviation for? Legal Socio-Cultural Political Eco-friendly Technological
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