Starbucks: An Analysis Of Porter's Five Forces

QUE: What are porter’s five forces? Describe in detail.
ANS: The porter’s five forces are:
1. Rivalry among existing competitors; In this type of force competitors bring customers toward themselves by providing them good deals in products. Whereas, if sellers and buyers are not happy with the given deals they can proceed anywhere for awesome deals by which they can be satisfied.
2. Suppliers power: In this sellers have a capability to incline or decline the cost of the products according to the demands of the public which may effect the customers profit .For instance , in INDIA the price of vegetables and products get fluctuated according to the status of the society
3. Buyer power : Buyers has a power to decrease the price of product by increasing

for example starbucks helps local farmers gain access to credit, developes and maintains sustainability of the coffee crop, and builds farmer support centers which has been in latin America and Africa to provide local farmers with agriculture and technical education support.
Que : what are the possible advantages and disadvantages of a board of directors composed of insiders?
Ans : ADVANTAGES :(1) The members of this don’t have any legal responsibilities which has been by the board of director with the insiders
(2) It is not difficult to be a volunteer for the company
(3) the company has power to heir technical support, skill, knowledge etcetera
DISADVANTAGES :(1) the advice given by the group of experts is not examine accurately which may lead into loss
(2) The rules are not considered seriously by the board of directors and might not contribute duties of real board members.
(3) There is difficult to hold the members of the board of directors in any responsible device due to lack legal responsibilities
Que : what are the possible advantages and disadvantages of a board of directors composed of outsiders?.
Ans : ADVANTAGES : (1) They have the collection of experts for making the progress of business more and

(3) Outsiders has right to enhance the business through their relations.
DISADVANTAGES : (1) The outsiders are usually covered under the insurance due to which they are again a burden over the budget.
(2) The outside members of the board of director is usually a burden on the business finance.
(3) Provide only assistance in the department and hired for even non relevant to their department.
Que : what countries are included in