Write a brief note on Michael Porter’s competitive forces.

1. Advancing technology can be considered as a new entrance: true or false?

2. Which of the forces below deal with alternative methods?

A rivals b Substitutes c new entrance d suppliers e customers

3. Give an example of how to use low cost leadership strategy.

Answer rating: 100% (QA)

Michael Porters Competitive Forces or Five Forces are simple in business but sometime its become too difficult because it is helpful to understand both weakness and strength of a business We can find ... View the full answer