Business analysis of UMUC Haircut Company - Stage 1
One of the strategies of UMUC Haircuts is to have a competitive advantage of the customers. An analysis of the company using the Porter’s Give Forces shows that there are some challenges that the company face. The threat of new entrants is a real threat of the company because of the start of a new competitor. This force is high and will impact negatively on the operation of the company. There is a need to ensure that there is proper strategy to counter the force. Supplier power force is low because there is no threat that suppliers of the shaving machines and ...