7-Eleven: Competitive Analysis Report - Business Strategy Module

This report provides a comprehensive competitive analysis of 7-Eleven, examining its position within the business landscape. The analysis utilizes Porter's Five Forces framework, evaluating the bargaining power of suppliers and customers, the threat of new entrants, and the threat of substitute products and services. The report also assesses the competitiveness among existing companies, highlighting key players like Walmart and Wawa. The document explores each of these forces in detail, offering insights into how 7-Eleven navigates the challenges and opportunities within its market. The report concludes by emphasizing the importance of understanding the competitive environment for strategic decision-making. References are included to support the analysis.

BUSINESS
STRATEGY

Table of Contents
 Evaluating the competitive environment of 7 Eleven utilizing a porter's five forces
analysis
 Bargaining power of suppliers
 Bargaining power of customers
 Threat of new entrance
 Threat of substitute products and services
 Competitiveness between existing companies
 REFERENCES

Evaluating the competitive environment of
7 Eleven utilizing a porter's five forces
analysis
• The competitive environment within the world of
business is increasing day by day, which drive the
attention of organization and its management toward
evaluating the same term in effective manner.

Bargaining power of suppliers-
• The degree of this force is low, because number
of suppliers as stakeholders available in the
corporate world, among which 7 Eleven and its
management may select a specific group.
• The extent of this factor or force may affect
positively upon organization in term of
increasing sales and profitability.

Bargaining power of customers-
• The degree of this force is high in the market as there are several options which are
available to the customers that has a significant impact on the overall development of
individuals in the business.
• The online delivery services are one of the most competent forces which may have a
significant influence in attracting the customers towards the business and may reduce
the overall advantage of the business.

Threat of new entrance-
• This force comprises high degree of power as it is
easy for new businesses to enter the market and
capture a significant market share in the industry.
• The customers want products at lower prices which
can be offered by the new organizations in order to
gain their trust.

Threat of substitute products and services-
• This force has high degree of influence on the business environment and creates
difficulties for the organization to grow in the industry.
• Customers may shift towards the substitutes such as food products from local bakeries,
shops, online stores etc. which can have a negative influence on the profitability of the
business.

Competitiveness between existing
companies-
• The degree of this force is high as there are
many competitors in the industry that has a
significant market share.
• Walmart, Wawa, Murphy USA etc. are some
major competitors of 7-Eleven which have an
established market in the industry and have
loyal customers.

REFERENCES
• Irfan, M., Zhao, Z.Y., Ahmad, M., Batool, K., Jan, A. and Mukeshimana, M.C., 2019.
Competitive assessment of Indian wind power industry: A five forces model. Journal of
Renewable and Sustainable Energy, 11(6), p.063301.
• Bartunek, J.M., 2020. Accomplishing impact by performing our theories: It can be done,
though not easily. The Journal of Applied Behavioral Science, 56(1), pp.11-31.