Porter`s Competitive Forces Model and SWOT Analysis To Payments |
||
|
|
|
© 2020 by IJCTT Journal | ||
Volume-68 Issue-10 |
||
Year of Publication : 2020 | ||
Authors : Deepak Tomar | ||
DOI : 10.14445/22312803/IJCTT-V68I10P110 |
How to Cite?
Deepak Tomar, "Porter`s Competitive Forces Model and SWOT Analysis To Payments," International Journal of Computer Trends and Technology, vol. 68, no. 10, pp. 56-59, 2020. Crossref, 10.14445/22312803/IJCTT-V68I10P110
Abstract
This article aims to apply Porter`s forces model and the SWOT analysis to the Payment Industry and the Technology so that Organization can improve Technology infrastructure considering all five forces and improve strategy using SWOT models that provide strengths, weaknesses, opportunities, and threat. This paper focuses on different quadrants involved in the Payments and considers analyzing these stakeholders and factor these from Time to Time to improve and thrive in business. This analysis of the data we can collect from these models can drive major strategy shifts.
Reference
[1] S. M. Meter and V. P. Veiko, Laser Assisted Microtechnology, 2nd ed., R. M. Osgood, Jr., Ed. Berlin, Germany: Springer-Verlag, 1998.
[2] Amundson, Wayne. “The Canadian Association Retrieved on June 29, 2007, from http://www.axi.ca/TCA/Sep2003/facilitationrole_1.shtml
[3] Finlay, P. (1988, June). “Essay Review: Porter on Strategy”. Long Range Planning, 21(3), 108-111. Retrieved July 2, 2007, from Business Source Premier database.
[4] Harvey, Wright. (2002) “Strategy, A Guide to Strategy Resources on the Web”. Retrieved on June 29, 2007, from http://www.geocities.com/WallStreet/District/6592/index.html
[5] Kyle, Bobette. “Marketing plan, Website promotion, and marketing strategy”. Retrieved on June 28, 2007, from http://www.websitemarketingplan.com/marketing_management/marketing_strategy.htm
[6] Michael, Hitt A, Irelan R. duane, Hoskisson Robert E. (2000) The External Environment: Opportunity Threats, Industry, Competition, and Competitor Analysis from http://www.slideshare.net/myslideshare/external-environment
[7] Orndoff, Keith. (2002, Nov). “Strategic tools for RIM professionals”. Retrieved on June 28, 2007, from http://findarticles.com/p/articles/mi_qa3937/is_200211/ai_n9164018/pg_4
[8] Pearce, C. (2007, May). “Ten steps to carrying out SWOT analysis”. Nursing Management - UK, 14(2), 25-25. Retrieved July 2, 2007, from Business Source Premier database.
[9] (April 6, 2003, Sunday). “Swot analysis a powerful framework”. Retrieved July 2, 2007, from LexisNexis database.
[10] Thurlby, B. (1998). “Competitive forces are also subject to change”. Management Decision, 36(1), 19. Retrieved July 2, 2007, from Business Source Premier database.
[11] Igor, Viszlai, José I. Barredo, J. San-Miguel-Ayanz https://www.researchgate.net/publication/310349930_Payments_for_Forest_Ecosystem_Services_-_SWOT_Analysis_and_Possibilities_for_Impleementation
[12] C.Kiritharan nair, P.Amresh, "Development of Strategic Plan for Hotel Industries through Swot Analysis" SSRG International Journal of Mechanical Engineering 3.3 (2016): 6-10.
Keywords
Porter Analysis, SWOT analysis, Payment Industry, Payment Processor, Buyer, Supplier, Cryptocurrency