Industry Analysis

Bargaining Power of Suppliers
The extent to which suppliers can influence prices in the Soybean Farming Industry

Bargaining Power of Customers
The ability of customers to affect the pricing and quality of products and services in the Soybean Farming Industry

Threat of New Entrants
Examines the barriers to entry in the Soybean Farming Industry

Threat of Substitutes
Examines the availability of substitutes in the Soybean Farming industry

Competitive Rivalry
Examines the level of competition in the Soybean Farming Industry

Political Factors
Governmental influences affecting the economy and how the Soybean farming industry is operated

Economic Factors
Determinants of the economy's performance and impacting the soybean farming industry operational capabilities, profitability and sustainability

Social-Cultural Factors
Beliefs, attitudes and trends in the society that affects soybean farming industry

Technological Factors
Impact of technological innovation, increased reliance on technology and the obsolescence of technology on the soybean farming industry

Environmental Factors
Ecological and Environmental issues that impact the soybean farming industry

Legal Factors
The effect of governmental laws on how the actions and policies of the soybean industry

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.