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D2 mbra603

D2 mbra603

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Published by mattbrak
D2 mbra603
D2 mbra603

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Published by: mattbrak on May 25, 2014
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 1
INFOSYS.110 BUSINESS SYSTEMS: DELIVERABLE 2: BUSINESS SECTION 2014 Name Matthew Brak NetID
Mbra603
Group Number:
100
Website Link:
 
Tutorial Details Tutor: Day: Time:
Claris Chung Monday 12pm
Time Spent on Assignment:
28 hours
Word Count:
1648
 
 2 2
SOLAR SAVERS
 
INTRODUCTION
Pollution and climate change resulting from fossil fuels being our primary source of power worldwide has meant rising sea levels and more frequent natural disasters such as cyclones and droughts. By integrating the current solar panel model with the latest research and developments, we are able to create solar savers, a cheaper, more efficient photovoltaic product. This makes the switch to renewable power a more economically realistic option for New Zealand household and business owners, leading to a decrease in fossil fuels used throughout the country as we do our part to make the world a better place.
3. BUSINESS SECTION
3.1 Vision
To reduce pollution and climate change globally by helping shape New Zealand into a worldwide leader in renewable energy sources through the supply of affordable, economical solar panels across the country.
3.2 Industry Analysis:
Industry:
New Zealand Photovoltaic Industry
. This is the industry of generating electrical power by converting solar radiation into electricity.
Force: High/Low: Justification: Buyer power: High
“The New Zealand market for photovoltaic
systems is relatively
competitive” indicates
buyer power is high since there are many solar panel businesses for customers to choose from. This is
supported by there being “a number of local distributors”.
(IT Power Australia, 2009)
 
 
 3 3
Supplier power: Low
Supplier power is low as firms in the photovoltaic industry have many options as to who they buy
from, as there “are more than 100 cell
manufacturers, 300 module manufacturers and
80 thin film manufacturers”, meaning supply is beginning to “outstrip demand”
. (IT Power Australia, 2009)
 Threat of new entrants: High
There are low barriers to entry since the
“installing of photovoltaic systems” only “requires a registered electrician”. C
onsequently, there
have been “3 new entrants” recently, showing
the threat of new entrants is high. (IT Power Australia, 2009)
 Threat of substitutes: High
There are many substitute products to photovoltaic systems that also create renewable energy such
as “hydro, geothermal and wind”
 which generate two-third
s of New Zealand’s
electricity. (New Zealand Trade and Enterprise, 2011).
Rivalry among existing competitors: High
“PV distributors put the number of companies
active in the implementation of solar PV systems
as high as 200”. Therefore, there is fierce
competition in the photovoltaic industry, as they compete for market share. (IT Power Australia, 2009)
 

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