Jul 13, 2017 Others

What is the purpose of Porter`s five forces model?

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Porter`s Five Forces Model

INSTRUCTIONS:

What is the purpose of Porter`s five forces model? Support your argument with an example of a strong force and an example of a weak force. Be sure to support your example by explaining why it was a strong force or a weak force using Porter`s five forces model as a guide. If you have personal experience related to Porter`s five forces model, please include that in your discussion as well.

CONTENT:

BHR 3552 UNIT 2 DB: Porter`s five forces model Name Course Instructor Date Porter’s five forces focus on the strengths and weaknesses that shape an industry including competitive rivalry, which is the main driver of competition, potential new entrants, threat of substitute products, power of suppliers and customers. The purpose of the five force

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