Question: What are Porter's five forces?

What are Porter's "five forces"?

Step by Step Solution

★★★★★

3.33 Rating (159 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Porters Five Forces is a framework developed by Harvard Business School professor Michael E Porter in 1979 It is used for analyzing the competitive en... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Information Systems Questions!

Analyze how the five forces define an industrys structure and shape the nature of competitive interactions within an industry. Understanding the competitive forces, and their underlying causes,...

Year 1997 1998 1999 2000 2001 The following table presents historical percentage returns for the Company A and Company B along with the percentage returns on the market portfolio (index): Company A...

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...

N Question 28 Which of the following represents the appropriate pairing? Schendel & Hofer and Life Cycle Matrix, Michael Porter and BCG Matrix, McKinsey Group and Strategic Group Mapping Michael...

Part 1 Unit 1 Create a market - oriented mission statement using the five major characteristics suggested by Kotler et al . ( 2 0 2 2 ) . Prepare a brief situational overview. Analyze the industry...

Which of the following is NOT correct about the Five Forces model? The Five Forces model is used to analyze a company to determine the average profitability of the company within an industry. The...

Which of the following is NOT correct about the Five Forces model? Group of answer choices The Five Forces model is used to analyze a company to determine the average profitability of the company...

The functions in an organization that support and cut across all of the primary activities in the value chain are called O secondary activities O support activities O supply chain activities O...

Organizations always exist in dynamic environments and are continuously affected by change. Organizations almost always have to go through some strategic change in order to survive and be a...

The following data represent the number of days absent, x, and the ï¬nal grade, y, for a sample of college students in a general education course at a large state university. (a) Find the...

Consider the QHIC data in Figure 13.21 (page 556). When we performed a regression analysis of these data by using the simple linear regression model, plots of the model's residuals versus x (home...

The next key process is where the genetic code is converted from nucleic acid language to protein language. This process converts the information stored in the to a

The PSA blood test is designed to detect prostate cancer. Suppose that of men who have this disease, the test fails to detect prostate cancer in 1 in 4, and of men who do not have it, 1 in 10 have...

In brief, what is knowledge?

What differences in perspective about managerial decision making are introduced by the e-business concept?

Explain how the concept of knowledge management relates to data and information.

6. Maplin Electronics Limited was a high street retailer selling electronic goods. The company went into administration in March 2018. Appended to this question paper are extracts from the published...

On August 1, 2016, Billias Company issued a $17,000 6%, 1-year note to Citizens Bank. Which of the following entries reflects the end of the year adjustment to record the expense incurred?

Question 6 Not yet answered Marked out of 1.00 P Flag question Finance is related to both economics and accounting Select one: O True False