Starting a Business in India. Pay stamp duties online, file all incorporation forms and documents online and obtain the certificate of incorporation As a result of MCA's desire to further the e-governance's initiatives, as of January 1, 2010 it has been made compulsory to pay all stamp duties on incorporation documents online through the Ministry of Corporate Affairs (MCA) website. As a result of these reforms, the mode of payment of stamp duty through affixation of adhesive stamps on Articles of Association and Memorandum of Association has been replaced by the e-payment of applicable stamp duty on Articles and Memorandum of association through MCA portal.
Moreover, certain forms: Form 1 (a primary form used in the incorporation process), Form 5 & Form 44 will also be stamped electronically through MCA Portal. The reforms also provide that the documents on which e-stamping has been done, need not to be filed physically: electronic filing of the same would be sufficient. Six Forces Model. The six forces model is a market opportunities analysis model, as an extension to Porter five forces analysis and is more robust than a standard SWOT analysis. However, factors internal to the firm, which are often perceived to be the only true sources of sustained competitive advantage (Barney, 1991) are omitted. The following forces are identified: CompetitionNew entrantsEnd users/buyersSuppliersSubstitutesComplementary products/ the government/ the public Criticisms of the five force model Porter's framework has been challenged by other academics and strategists such as Kevin P.
Coyne and Somu Subramaniam who have stated that three dubious assumptions underlie the five forces: That buyers, competitors, and suppliers are unrelated and do not interact and colludeThat the source of value is structural advantage (creating barriers to entry)That uncertainty is low, allowing participants in a market to plan for and respond to competitive behavior. See also References Andrew S. Porter five forces analysis. A graphical representation of Porter's five forces Porter's five forces include - three forces from 'horizontal' competition: the threat of substitute products or services, the threat of established rivals, and the threat of new entrants; and two forces from 'vertical' competition: the bargaining power of suppliers and the bargaining power of customers.
Porter developed his Five Forces analysis in reaction to the then-popular SWOT analysis, which he found unrigorous and ad hoc. Porter's five forces is based on the Structure-Conduct-Performance paradigm in industrial organizational economics. It has been applied to a diverse range of problems, from helping businesses become more profitable to helping governments stabilize industries. Other Porter strategic frameworks include the value chain and the generic strategies. Five forces Threat of new entrants Profitable markets that yield high returns will attract new firms. Threat of substitute products or services