Question: External Analysis you need to use the relevant tools from the Industrial Economics view to explain the industry the company operates in. Porter's Analysis decisions
‘External Analysis’ you need to use the relevant tools from the Industrial Economics view to explain the industry the company operates in. Porter's Analysis decisions are: 1. Competition in the industry 2. Potential of new entrants into the industry 3. Power of suppliers 4. Power of customers 5. Threats of substitute products Information about Porter analysis: https://www.investopedia.com/terms/p/porter.asp The industry of the company's name: Cargojet
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Introduction Cargojet executives can conduct their industry analysis using the Porter Five Forces framework Through porters 5 analysis Cargojets management will be able to better understand the many c... View full answer
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