Strategy In Small Doses I: The Five-Forces Model Of Industry Competition
- Topics:
- Strategic Analysis
- Tags:
- Competition,
- Industry,
- Management,
- Strategy
- Source:
- Pittsburg State University
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Overview: From the executive summary: ‘Porter’s Five Forces Model identifies five principal forces that determine industry competition. These forces are the threat of new entrants, the threat of substitution, the bargaining power of buyers, the bargaining power of suppliers, the rivalry amongst existing competition in the industry. The paper examines each of these forces in detail and discusses the methods for assessing the strength of each force. An example to illustrate the utility of the model for suitably positioning the firm, amidst competition, is also illustrated.’
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Format: HTML | Date: Jan 2003 | Pages: 1
