Question: The Five Competitive Forces That Shape Strategy The five forces model is generally applied tothe real-world footwear industry ashaving weak, strong or moderate impacts as

The Five Competitive Forces That Shape Strategy

The five forces model is generally applied tothe real-world footwear industry ashaving weak, strong or moderate impacts as listed below. Foreach (a-e) explain why you believe this is (or isn’t)applicable/true to your company referring to the article and yourspecific competitive environment in the BSG world.

  1. The threat of new entrants - weak force
  2. The bargaining power of suppliers - weak force
  3. The bargaining power of buyers/customers - moderate force
  4. The threat of substitute products or services - moderateforce
  5. Rivalry among existing competitors - strong force

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Porters Five Forces is a business analysis model that helps to explain why various industries are able to sustain different levels of profitability The Five Forces model is widely used to analyze the ... View full answer

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