Question: - Based on Porter's Five Forces, identify and explain the forces that are currently influencing product sales in your company's industry - Explain the best


- Based on Porter's Five Forces, identify and explain the forces that are currently influencing product sales in your company's industry - Explain the best way for you, in your current role, to apply Porter's Five Forces to improve the integrated business strategy in your business - Predict the results you expect to achieve from applying Porter's Five Forces Model to your business Porter's Five Forces of Competitive Position New Market Entrants, eg: - entry ease/barriers - geographical factors - incumbents resistance - new entrant strategy - routes to market Supplier Power, eg: Competitive Rivalry, eg: Buyer Power, eg: - brand reputation - buyer choice - geographical coverage - buyers sizeumber - product/service level quality - change cost/frequency - product/service importance - relationships with customers - bidding processes/capabilities - volumes, JIT scheduling Product and Technology Development, eg: - alternatives price/quality - market distribution changes - fashion and trends - legislative effects
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