Question: Week Three Assignment Guidance Porter s Forces: 1 . Threat of new entrants - How easy is it to get a foothold in your industry

Week Three Assignment Guidance Porters Forces:
1. Threat of new entrants- How easy is it to get a foothold in your industry or market? How much would it cost, and how tightly is your sector regulated?
2. Threat of substitute products or services- This refers to the likelihood of your customers finding a different way of doing what you do.
3. Bargaining power of customers (buyers) You ask yourself how easy it is for buyers to drive your prices down. How many buyers are there, and how big are their orders? How much would it cost them to switch from your products and services to those of a rival?
4. Bargaining power of supplier -How unique is the product or service that they provide, and how expensive would it be to switch from one supplier to another?
5. Intensity of competitive rivalry Competitive Rivalry How many rivals do you have? , What are they, and how does the quality of their products and service compare with yours?
This section will require some direct investigation, current sources, and factual findings from the company website, as well as supporting reference sources (cited) to validate your claims. (Use current or most recurrent content to support your claims)
How do I find a company's competitors for fre?Free Market Analysis and Competitor Analysis Tools
1. Pew Research.
2. Quora.
3. Google Trends.
4. Social Searcher.
5. Owlery.
6. Similar Web.
7. Spy Fu.
8. Text2Data.

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