Computer---group report,read the requirement i send you carefully Essay

Computer---group report,read the requirement i send you carefully - Essay Example This makes this framework a good tool for planning of business processes. This tool is also instrumental in identifying whether new business lines should be exploited or whether they are unprofitable. This tool can however be illuminating when it is used in understanding the balance of power which is in other situations. The analysis in the paper focuses in a Chinese E-Commerce industry using the Porters analysis. Porter believed that it was possible determining the attractiveness of the industry through looking at some of the external factors. The five external forces discussed includes; (Qi 2008) Competitive rivalry within the industry The bargaining power of the suppliers The bargaining power of the customers Possible threat of the new entrants in the market Possible threat of the substitute products The above forces are also some of the main players in the business market and the bargaining and interaction existing between five forces. The interaction is of great importance and c ritical when it comes to determining the competitive extent of a business in a given industry. The discussion below will focus on the implementation of a competitive analysis through the application of Porters Five Force Model. It will also analyze the intensity of competition in the B2B Chinese market. (Snier & Henk 1995) Competitive rivalry within an industry- medium Any competition rivalry that exists among firms in an industry is the level by which the firm responds to various competitive moves of other firms which are in the industry. Different new drafted reports and data indicate that with increased applications of the internet use, B2C and other models used in e-commerce have been booming in the recent past in terms of its growth. A myriad of businesses have embraced the use of technology in various businesses they do. Almost all the businesses have applied technology to research a number of its clients across the globe. Based on the current analysis and reports which is the third quarter of 2011, the monitoring data of B2C indicated that during its third quarter of the year 2011, the market transaction of B2C went high by 137%. The supply was also recorded at levels high which came from the increased demand for some of the services which are provided. From the data which was released by CNZZ, during the calendar year of 2010, the total number of B2C website went high to a speed of 10,100 in December to about 1.18 million. The difference indicated a growth rate of about 20.45%. The average growth rate of the firm exceeded the total growth speed in the e-commerce industry. The information obtained from CNZZ shows that there The other factor that has been stated to be responsible for the high intensity in the internal competion is the existence of large B2C websites. Some of these websites includes Amazon, Dangdang, Jingdong and QQ Mall among others. For instance in the year 2011, a number of existing B2C websites have tighten their campaigns in order to compete each other. For example QQ Mall’s first move was to launch a program called million marketing resources in the run. This program was a commitment to firms in ensuring that they provide a high quality, low cost and an efficient commerce platform. The users were only expected to pay a total amount of 20,000 Yuan deposit costs besides removing all the fees which are related to the technical costs. Another website Dangdad is committed to ensuring