1. Michael Porter contends that a corporation is most concerned with the intensity of competition within its industry. Conduct a “5-Forces Analysis” of Ontario’s post-secondary industry.

Step 1: Identify the competitive pressures associated with each of the 5 forces.

Step 2: Evaluate how strong the pressures are (fierce, strong, moderate, or weak?)

Step 3: Determine whether the collective strength of the five competitive forces is conducive to earning attractive profits (can we make money in this business?)

Forces Driving Industry Competition: Post-Secondary Education in Ontario

CATEGORY	FORCE	DESCRIPTION	STRONG FORCE?	WEAK FORCE?
Industry Competitors	Rivalry among existing firms
Potential Entrants	Threat of new entrants
Substitutes	Threat of substitute products
Buyers	Bargaining power of buyers
Suppliers	Bargaining power of suppliers
6. Other Stakeholders	Relative power of other stakeholders (added)

Answer rating: 100% (QA)

Industry Competitors Competitors are companies that sell products and services that are similar to a companys In a competitive market all businesses m... View the full answer