Question: Explain how the two industries are similar and different based on your Porter s Five Forces analyses. Porter s Five Forces New Industry Automotive Manufacturing

Explain how the two industries are similar and different based on your Porter

s Five Forces analyses. Porter

s Five Forces

New Industry

Automotive Manufacturing Industry Bargaining Power of Suppliers

Relatively high because the suppliers provide critical components that are essential to the production process, and there are no alternative sources of supply available.

High because it impacts the cost and ease of obtaining raw materials for automotive manufacturing significantly.

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