Question: Porter's Five Forces ( 1 9 8 0 ) Remember that you are looking at the entire Industry. Buyers ( customers ) are those that

Porter's Five Forces (1980) Remember that you are looking at the entire Industry. Buyers (customers) are those that purchase from any Industry member and vote with dollars. Suppliers (not us) supply the entire Industry. Also, good substitute products have several qualities. 1) Are materially different, 2) perform the same function, 3) place a ceiling on the prices you can charge, and 4) are perceived to be of similar quality. Do the forces have low, moderate, or high influence on the Industry as a whole? Share your evidence and don't worry about constructing a matrix as shown on page 166.
A. Rivalry (competition)
B. Buyer Power
C. Supplier Power
Threat of Entry
Threat of good Substitutes
 Porter's Five Forces (1980) Remember that you are looking at the

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