Porter: Difference between revisions
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Revision as of 10:48, 11 July 2018
Porter's Five Forces of Competition, a strategic analysis model developed by Professor Michael E Porter.
The competitive forces identified by the model are:
- The threat of new Competitors entering the market.
- The threat from Substitute products or services.
- The bargaining power of Customers.
- The bargaining power of Suppliers.
- The intensity of the Rivalry between the current competitors in the market.
For example, barriers to entry into the market may reduce the threat of new competitors entering.