Read Online Article: Definition of '5 Forces Analysis Of The Environment by clicking on the image below:

 

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After the online reading, discuss the Michael Porter?s 5 forces:

1. Supplier power
2. Buyer power
3. Threat of entry
4. Threat of a new substitute
5. Competitive Rivalry

PART 2

Discuss your business concept in more detail. Provide a report on your discussions. Discussions must include the following:

1. Provide in-depth Information on the products or services offered by your business
2. Discuss possible contracts that need to be put in place
3. Understand purchase orders
4. Explore Intellectual property information ? patents, trademarks, licenses required
5. Regulatory related approval required for your business
6. How does your product or service match or exceed industry standards?

Transcribed Image Text:

THREAT OF NEW ENTRY SUPPLIER COMPETITIVE BUYER POWER POWER RIVALRY THREAT OF SUBSTITUTION TOP|Excel Templates topexceltemplates.com THREAT OF NEW ENTRY SUPPLIER COMPETITIVE BUYER POWER POWER RIVALRY THREAT OF SUBSTITUTION TOP|Excel Templates topexceltemplates.com

Answer rating: 100% (QA)

Part 1 Porters Five Forces Analysis is a microenvironment framework that attempts to analyze the level of competition within an industry The Five Forces include three forces from horizontal competitio... View the full answer