Question: Make sure you understand Porter's Five Forces as explained in the textbook before beginning this discussion. Then choose one of the following as the basis
Make sure you understand Porter's Five Forces as explained in the textbook before beginning this discussion. Then choose one of the following as the basis for your initial post: the latest iPhone, Kindle book reader, PlayStation game system, Quicken financial software, or Microsoft Security Essentials anti-virus software. Your choice must come from this list.
In your initial post:
- Name the item that you chose from the list above as the basis for your analysis.
- Then explain Porter's Five Forces related to your item choice in a numbered list. Make sure you cover all five threats.
- Copy the numbered list below
- Add your assessment of high, medium, or low threat for each
- Write your reasoning for your assessment in a complete sentence for each
- Do not do any research for this discussion. Your answers should be based on your current knowledge and critical thinking ability.
- New entrants:
- Rivalry:
- Buyers:
- Substitutes:
- Suppliers:
Here is a partial example, written as if the item was about a best-selling automobile:
New entrants: Low. The economy has had a difficult time sustaining the automobile companies we already have; it would take a large amount of capital to begin a new car manufacturing company.
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