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Building the attractiveness of the sector based on solid co-opertition relations

Author

Listed:
  • Anna Wi?niewska-Sa?ek

    (Czestochowa University of Technology)

  • Sylwia ??gowik-?wi?cik

    (Czestochowa University of Technology)

  • Marcin St?pie?

    (Czestochowa University of Technology)

  • Katarzyna Grondys

    (Czestochowa University of Technology)

Abstract

The analysis of the sector, therefore, both micro- and macro-economic factors constitute the source of valuable information for companies wishing to be or being a part of the local economy. Generating profits in the sector is associated with demand and competition. To generate profits, the enterprise must create value for the customer so that the price the consumer is willing to pay is higher than the costs incurred by the company to produce goods. The higher the competition in the sector the more significant portion of the surplus goes to competitors and the smaller one to manufacturers. Profits generated by companies in the sector are also dependent on the bargaining power of producers in relation to suppliers and customers. It is important to build solid relationships with the immediate environment of the company and particularly with competitors. Establishing relationships in the sector companies from the same industry is difficult. In order to make competitiveness bring beneficial effects it is worthwhile to consider coopetitive relationships ? particularly in terms of attractiveness in the industry and, at the same time, the sector. The paper presents the analysis of the furniture sector as the industry being one of 10 sectors placed in the latest strategy for the Benefit of Responsible Development in Poland.

Suggested Citation

  • Anna Wi?niewska-Sa?ek & Sylwia ??gowik-?wi?cik & Marcin St?pie? & Katarzyna Grondys, 2016. "Building the attractiveness of the sector based on solid co-opertition relations," Proceedings of International Academic Conferences 4106894, International Institute of Social and Economic Sciences.
  • Handle: RePEc:sek:iacpro:4106894
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    More about this item

    Keywords

    coopetitive; cooperation; industry;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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