Describe in detail Porters Five Forces Model.
Question:
Describe in detail Porter’s Five Forces Model.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (6 reviews)
Rivalry Among Companies Competing in the Industry The strongest of the five forces in most industrie...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Essentials of Entrepreneurship and Small Business Management
ISBN: 978-0134741086
9th edition
Authors: Norman M. Scarborough, Jeffrey R. Cornwall
Question Posted:
Students also viewed these Business questions
-
Using Porter's Five Forces Model, analyze MLBAM's buyer power and supplier power. What could MLBAM do to increase customer loyalty?
-
Using Porter's Five Forces Model, personal Critical Success Factors (CSFs) and/ personal Key Performance Indicators (KPIs), explain how you will overcome threats from each of the five forces while...
-
What are 'Porter's 5 Forces' explains Michael Porter's five forces model. find link: www.investopedia.com/terms/p/porter.asp Video: The Five Competitive Forces That Shape Strategy - Michael Porter...
-
Consider the examples of groupthink explained in this chapter and discuss how they can relate to situations you have experienced on your projects.
-
Address the following in the context of "Known Fraud Symptoms" a. Your management suspects there may be employment fraud occurring at the company. You have been assigned to investigate management's...
-
You have explored career possibilities and credentials related to international business. After reviewing the module resources, take some time to reflect on your career goals before completing this...
-
A light-hydrocarbon mixture is to be separated by distillation as shown in Figure 10.37 into ethane-rich and propane-rich fractions. Based on the specifications given and use of the...
-
Henry ODonnell created an inter vivos trust fund. He owns a large department store in Higgins, Utah. He also owns a tract of land adjacent to the store used as an extra parking lot when the store is...
-
Other laws the protect consumers relates to credit protection. Acts the protect consumers from credit are listed. Why are the following two acts important? o The Truth-in-Lending Act o The Fair...
-
Given two arrays each of length n, arr1, and arr2, in one operation, any two elements of an array can be swapped. This can occur any number of times. Find the maximum possible sum of i*(arr2[1]-...
-
What are the risks that come with being an early entrant into the edible insect market?
-
Why would you recommend that an entrepreneur develop a minimal viable product or a prototype?
-
5/6 + 3/4 Perform the indicated operation by hand.
-
The King's clock fails to keep time, and because you designed it, he's holding you responsible. Examining the spring-ball system you used as the central timekeeping oscillator, you realize that a...
-
What is ecological balance and how is it related to life cycle analysis? (For this question and Question 10-24, refer to the box The concept of ecological balance earlier in this chapter.) Question...
-
After gluing two \(0.50-\mathrm{kg}\) blocks together, you determine that you can pull the blocks apart with a force of \(20 \mathrm{~N}\) applied to one block. You attach the top block to a vertical...
-
An elementary particle is launched from Earth toward the Regulus system, 77. 5 light years distant. At what speed relative to Earth must this particle travel to make this trip in \(10 \mathrm{y}\) in...
-
An object resting on a table oscillates on the end of a horizontal spring. Because the table is covered with a viscous substance, the motion is damped and the amplitude gets smaller with each cycle....
-
New lease standards become effective January 1, 2019. These standards affect the accounting for operating leases. Assume Swift Company acquires a machine with a fair value of $100,000 on January 1 of...
-
Beginning with a country that has a trade deficit, demonstrate graphically what will happen to a countrys potential output with globalization if that countrys costs of production fall. Explain your...
-
Outline the steps involved in the right way to buy a business.
-
What tips would you offer someone about to enter into negotiations to buy a business?
-
One entrepreneur who recently purchased a business advises buyers to expect some surprises in the deal no matter how well prepared they may be. He says that every potential buyer must build some...
-
What might be challenges for public administrators in orchestrating ethical performances when working with individual ethics inside and outside the organization?
-
On January 1, 2023, Bertrand, Incorporated, paid $70,800 for a 40 percent interest in Chestnut Corporation's common stock. This Investee had assets with a book value of $235,000 and liabilities of...
-
In an airline's hiring process, all candidates were assessed on criteria such as "assertiveness," "teamwork" and "ability to have fun." Although these were age-neutral on their face, bias was...
Study smarter with the SolutionInn App