What does the “five forces model” refer to?
Yayımlanmış cevap
The Five Forces Model refers to a framework that was developed for identifying opportunities and threats facing a specific company in the industrial context. Porter suggested that the competitiveness of an industry can be analyzed based on five forces: rivalry among existing competitors; threats of new entrants; bargaining power of buyers and suppliers; and substitute products.
Cevabın yayımlanmış cevapla uyuştu mu?