111991 Sugar Beet Farming

comprises establishments primarily engaged in growing sugar beets.
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  • Bargaining Power of Suppliers
    The extent to which suppliers can influence prices in this industry
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  • Bargaining Power of Customers
    The ability of customers to influence price and quality of products and services in this industry
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  • Threat of New Entrants
    Examines the barriers to entry in this industry
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  • Threat of Substitutes
    Examines the availability of substitutes in this industry
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  • Competitive Rivalry
    Examines the level of competition in this industry
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  • Political Factors
    Governmental influences affecting the economy and how this industry is operated
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  • Economic Factors
    Determinants of the economy's performance and their impact on this industry's operational ability, profitability and sustainability
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  • Socio-Cultural Factors
    Beliefs, attitudes and trends in society that affects this industry
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  • Technological Factors
    Impact of technological innovation, increased reliance on technology and the obsolescence of technology on this industry
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  • Environmental Factors
    Ecological and environmental issues that impact this industry.
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  • Legal Factors
    The effect of governmental laws on the actions and policies of this industry
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  • Ethical Factors
    Moral or ethical issues that can arise in this industry.
    Example of ethical issues that may arise are fair trade, slavery acts, child labor, treatment of employees, diversity discrimination, affirmative action, harassment, whistle blowing, marketing and information disclosure, financial statement accuracy, privacy, human rights, bribery, and sweatshops. Corporate social responsibility (CSR), where a business contributes to local or societal goals such as volunteering or taking part in philanthropic, activist, or charitable activities also falls under ethical issues.
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