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By building economies of scale so that it can lower the fixed cost per unit.New products not only brings new customers to the fold but also give old customer a reason to buy The York Water Company ‘s products. By innovating new products and services.How The York Water Company can tackle the Threats of New Entrants The York Water Company has to manage all these challenges and build effective barriers to safeguard its competitive edge. New entrants in Water Utilities brings innovation, new ways of doing things and put pressure on The York Water Company through lower pricing strategy, reducing costs, and providing new value propositions to the customers. The York Water Company Porter Five (5) Forces Analysis for Utilities Industry Threats of New Entrants Managers at The York Water Company can not only use Porter Five Forces to develop a strategic position with in Water Utilities industry but also can explore profitable opportunities in whole Utilities sector. Porter Five Forces focuses on - how The York Water Company can build a sustainable competitive advantage in Water Utilities industry. Porter Five Forces is a holistic strategy framework that took strategic decision away from just analyzing the present competition. These five forces analysis today in business world is also known as -Porter Five Forces Analysis. In his revolutionary article - "Five Forces that Shape Strategy", Michael Porter observed five forces that have significant impact on a firm's profitability in its industry.
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The York Water Company is listed at New York Stock Exchange (NYSE) and have a market cap 484.06M USD. Over the years The York Water Company has redefined the ways of doing business in Utilities. The York Water Company is one of the leading firms in the Water Utilities. The York Water Company managers can use Porter Five Forces to understand how the five competitive forces influence profitability and develop a strategy for enhancing The York Water Company competitive advantage and long term profitability in Water Utilities industry. Porter Five Forces Analysis is a strategic management tool to analyze industry and understand underlying levers of profitability in a given industry. Strategic Management Essays, Term Papers & Presentations