This website uses cookies to ensure you have the best experience. Learn more

Comparing The Resource Based View, Porter's Five Forces

8332 words - 33 pages

The current issue and full text archive of this journal is available at www.emeraldinsight.com/1066-2243.htm An analysis of Internet banking offerings and its determinants in India Pooja Malhotra Department of Business Management, Geeta Institute of Management and Technology, Kurukshetra, Haryana, India, and Balwinder Singh Department of Commerce and Business Management, Guru Nanak Dev University, Amritsar, India Abstract Purpose - This exploratory study is an attempt to present the present status of Internet banking in India and the extent of Internet banking services offered by Internet banks. In addition, it seeks to examine the factors affecting the extent of Internet banking services. Design/methodology/approach - The data for this study are based on a survey of bank websites explored during July 2008. The sample consists of 82 banks operating in India at 31 March 2007. Multiple regression technique is employed to explore the determinants of the extent of Internet banking services. Findings - The results show that the private and foreign Internet banks have performed well in offering a wider range and more advanced services of Internet banking in comparison with public sector banks. Among the determinants affecting the extent of Internet banking services, size of the bank, experience of the bank in offering Internet banking, financing pattern and ownership of the bank are found to be significant. Research limitations/implications - The primary limitation of the study is the scope and size of its sample as well as other variables (e.g. market, environmental, regulatory etc.) which may have an effect on the decision of the banks to offer a wide range of Internet banking services. Originality/value - The purpose of the study is to help fill significant gaps in knowledge about the Internet banking landscape in India. The findings are expected to be of great use to the government, regulators, commercial banks, other financial institutions, e.g. co-operative banks planning to offer Internet banking, bank customers and researchers. The bankers as well as society at large will come to know where the banks lag in terms of adoption of Internet banking and in providing different products and services. An understanding of the factors affecting the extent of Internet banking services is essential both for economists studying the determinants of growth and for the creators and producers of such technologies. Moreover, this paper contributes to the empirical literature on diffusion of financial innovations, particularly Internet banking, in a developing country, i.e. India. Keywords Banks, Innovation, Virtual banking, Financial services Paper type Research paper 1. Introduction The competitive pressures and the evolving requirements of consumers have required the banks to develop new technologies and tools. Internet banking that has revolutionised the banking industry worldwide is a product of this innovation. In Internet banking 87 Received 2 December...

Find Another Essay On Comparing the resource based view, Porter's five forces

Porter's Five Forces Model and The Movie Rental Business

916 words - 4 pages or partners better by supplying quality products and virtual service to promote brand lifting, customer feedback, great customer experience, and offering the right product to the targeted market. Porter's Five Forces Model is one of the frameworks that help businesses develop their market strategy and analysis. This paper will focus on the Porter Model to evaluate a prospective market entrance for a potential movie rental business. Therefore, the

Lowes’ Porter's Five Forces Competitive Analysis

1272 words - 5 pages Lowes’ Porter's Five Forces Competitive Analysis Michael Porter's Five Forces analyze the external and internal environment of a company to increase the awareness of threats and structure of the industry that company competes within. Thus, the Five Forces is an ideal tool which can help companies to maintain their competitiveness with a higher profitability. Porter’s Five Forces is defined as threats of new entrants, bargaining power of

Airline industry and Porter's five forces

567 words - 2 pages 1.Use Porter's five forces of competition' framework to show how the structure of the airline industry has caused low profitability during the past twenty years.Below are Porter's five forces of competition. In them you will understand what has caused low profitability.The bargaining power of suppliers: Labor is the airline industry's largest single expense. Most airline workers belong to one of a dozen unions, which give the airline workers

Reflective piece on usefulness of Porter's Five Forces model

893 words - 4 pages In the first seminar of the term, I was observing how Porter's 5 Forces model (5F) can be used to analyse the strategic business dynamics of the European Forestry/Paper sector in the post 2004 European Union.5F is an analytical framework, which allows competitive dynamics to be systematically appraised in assessing existing and future profitability of markets/industries by analyzing the influence of particular characteristics of each of the five

Porter's Five Forces, online marketing advantages, and marketing ethics

1447 words - 6 pages Essay QuestionsA.Choose a specific industry (e.g., grocery retailing, the airline industry, etc.), and apply Porter's Five Forces Model to discuss that industry's competitive forces and their relative influence.B.Discuss how online marketing could provide competitive advantages in the industry you analyzed in question A.C.Do you think firms that market products for children have any special ethical responsibilities when they advertise? Why or

Ryan Air: Analysis using SWOT & Porter's Five Forces

2073 words - 8 pages operating a fleet of six aircraft, employing 350 people, carrying 700 passengers on just five routes , and it had recorded its first ever profit.Over the next couple of years, schedules on the key Dublin-London route wrew increased average air fares were lowered and new routes were launched from Dublin to Birmingham, Glasgow, Manchester, and Gatwick. The number of customers continued to grow, thanks largely to Ryanair's low fares. By 1994,Ryanair

Use Michael Porter's five forces model to analyse the business environment in which your organization operates: Victor Chids

1691 words - 7 pages IntroductionAll organizations have got a set of forces and conditions outside their own boundaries that have the potential to affect the way the organization works. MoreMoney Banking Corporation Limited is no exception to this as it has got forces that it has to operate within. Michael Porter came up with the Five Forces Model commonly known as Porters' Five Forces Model which is used for analyzing an industry by looking at five forces believed

Critically Analyse The Resource Based View Of The

1647 words - 7 pages The resource based view of the firm (RBV) deals with the concept that by understanding the internal resource base and core competences, the management of a business will be able to employ this specific knowledge to create and sustain a competitive advantage. The RBV promotes the idea of firm heterogeneity and the notion that the conscious and tacit development of idiosyncratic bundles of resources and competences will provide competitive

RESOURCE BASED VIEW OF SOCIAL ENTREPREUSHIP: PUTTING THE PIECES TOGETHER

1464 words - 6 pages capabilities of the firm. When investigating the attributes of these resources, the theoretical framework extends itself to the resource based view of the firm theory (Wernerfelt, 1984). According to the resource based view, competitive advantage of a firm lies in the application of a bundle of valuable, tangible or intangible resources at the firm's disposal (Barney 1991). The competitive advantage is derived from the valuable resources being

RESOURCE BASED VIEW OF SOCIAL ENTREPREUSHIP: PUTTING THE PIECES TOGETHER

1725 words - 7 pages advantage: A ten-year retrospective on the resource-based view. Journal Of Management, 27:643. Bloom, P. N., & Chatterji, A. K. (2009). Scaling Social Entrepreneurial Impact. California Management Review, 51:114-133. Bloom, P.N. and Dees, J.G., 2008. Cultivate your ecosystem. Stanford social innovation review, 6:46-53. Bloom, P.N. and Smith, B.R. (2010). Identifying the Drivers of Social Entrepreneurial Impact: Theoretical Development and an

Porter's Five Forces of competition

293 words - 2 pages 1.Threat of new entrants- Barriers of entry consist of the following: economies of scale, product differentiation, capital requirements, switching costs, access to distribution channels, government policy and cost disadvantages independent of scales.2.Bargaining power of buyers- Buyer purchases large volumes relative to the seller sales and is a significant portion of the buyer's total costs. In addition, there are few switching costs, and the

Similar Essays

Comparing The Resource Based View, Porter's Five Forces And Dynamic Capabilities In Strategy

2415 words - 10 pages perspective, developed by Michael Porter, according to which achieving competitive advantage is the result of exploitation of imperfections in the market, the resource based perspective, which states that competitive advantage lies in the ownership of valuable resources, and the dynamic capabilities view, which follows the resource based view but also adds the dimension of time in the equation. In this essay, I will compare and contrast these

Porter's Five Forces Essay

803 words - 4 pages competition was often too narrowly defined, and that managers almost always neglected other competitive forces such as customers, suppliers, other marketplace entrants, and the potential for substitutes products. Consequently, in 1979, Porter published an article in the Harvard Business Review titled How Competitive Forces Shape Strategy, officially introducing the world to Porter's five competitive forces that shape strategy (Porter, 2008

Porter's Five Forces Essay

2326 words - 9 pages three generic strategies: cost leadership, differentiation and focus.The following table illustrates Porter's generic strategies :Target ScopeAdvantageLow CostProduct UniquenessBroad(Industry Wide)Cost LeadershipStrategyDifferentiationStrategyNarrow(Market Segment)FocusStrategy(low cost)FocusStrategy(differentiation)Cost leadership.This generic strategy is based in following a cost strategy; that is to say, it tries to produce the lowest cost but

Porter's Five Forces Essay

2255 words - 9 pages few needs of many customers 2. Need-based positioning: serving broad needs of few customers 3. Access-based positioning: serving broad needs of many customers in a narrow market 3. Stockbrokers and Porter’s Five Forces Model The section will examine the competitive landscape in the stockbroker industry by using Porter’s Five Forces Model and identity a position in the industry where the forces are weakest. i) Threat of New Entrants in