Five Forces Model
- Topics:
- Strategic Analysis
- Source:
- Bergen Community College
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Overview: The external environment of an organization comprises of the moves and the strategies adopted by its competitors. It also takes into account the changes in the general economy and other socio-cultural factors. It is imperative for the organization to precisely study the opportunities and threats prevalent in its external environment and strategize accordingly to gain competitive advantage. The paper discusses Porter’s Five Forces Model for examining the external environment of the organization.
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Format: HTML | Date: Dec 2000 | Pages: 1
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