The five forces are: Rivalry among existing competitors The bargaining power of Suppliers Threat of New Entrants
Question:
The five forces are:
Rivalry among existing competitors
The bargaining power of Suppliers
Threat of New Entrants to the market
The bargaining power of Buyers
Threat of Substitute Products/Services
Select ONE of the industries;
identify a specific company in that industry and identify the key drivers of competition for that industry and specifically for the selected company. Explain how those external competitive forces are affecting the industry and company and the effect of those forces on the overall strategic planning processes uniquely for that company and generally for that industry. Offer supporting rationale for your explanation and be sure to reference your statements using proper APA formatting.
Introduction to Chemical Engineering Thermodynamics
ISBN: 978-0071247085
7th edition
Authors: J. M. Smith, H. C. Van Ness, M. M. Abbott