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Geographical industry concentration in Europe compared to USA
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Industry evolution and concentration

presentation on evolution of industry and phases it has gone through.

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Industry evolution and concentration

  1. 1. Presented by:- Meenakshi Chhangani MBA III Sem, JIET SOM
  2. 2. Definition Industry:- Economic activity concerned with the processing of raw materials and manufacture of goods in factories.
  3. 3. Definition Industry evolution : Slow process of change from one form or level to a better or higher one, or that brings into being a superior or new order.
  4. 4. Fragmentation • The process or state of breaking or being broken into fragments. • Also known as Introduction stage. Shakeout • Emergence of new industry begins at this stage. • Competitors realises the business opportunities. Maturity • Efficiencies render competitive advantage. • Factors like price, competition & cooperation are being complex. • Availability of substitutes make competition aggressive. Decline A stage during which a war of slow destruction between businesses may develop and those with heavy bureaucracies may fail
  5. 5.  Refers to the number, size and relative strength of competitors.  It depends upon whether the dominant design is standardized & accessible to new entrants.  Some economists have found that concentration leads to higher prices  Industrial concentration also is promoted by barriers to entry, which make it difficult for new firms to displace established firms.
  6. 6. The Driving Forces of Industry Evolution Customers become more knowledgeable & experienced Diffusion of technology Demand growth slows as market saturation approaches Customers become more price conscious Products become more standardized Distribution channels consolidate Production shifts to low-wage countries Price competition intensifies Bargaining power of distributors increases BASIC CONDITIONS INDUSTRY STRUCTURE COMPETITION Excess capacity increases Production becomes less R&D & skill-intensive Quest for new sources of differentiation
  7. 7.  Drive change within your organisation, adapting it to a dynamic environment and controlling how it evolves.
  8. 8.  The many economic, competitive and global factors that influence how organizations conduct business are constantly and evolving.
  9. 9. Driving forces of environmental change:- • Population • Consumption • Technology
  • Meenakshi1994

    Jan. 28, 2016

presentation on evolution of industry and phases it has gone through.

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