Question: According to Michael Porter in The Five Competitive Forces that Shape Strategy, The degree to which rivalry drives down an industry's profit potential depends, first,

According to Michael Porter in "The Five

According to Michael Porter in "The Five Competitive Forces that Shape Strategy," "The degree to which rivalry drives down an industry's profit potential depends, first, on the intensity with which companies compete and, second, on the basis on which they compete." He then outlines five factors that increase the intensity of rivalry. Briefly describe three of the factors he mentions in that reading that increase the intensity of rivalry (in one sentence or short bullet point each)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
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 General Management Questions!