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picture1_Slideshare Management 75782 | Businessreview22 3 Porters 5 Forces


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File: Slideshare Management 75782 | Businessreview22 3 Porters 5 Forces
Background Michael Porter developed a method by which a business can analyse the competitive environment in which it operates in order to best devise its strategy. Basically: know your competitors ...

icon picture PPTX Filetype Power Point PPTX | Posted on 02 Sep 2022 | 2 years ago

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...Background michael porter developed a method by which business can analyse the competitive environment in it operates order to best devise its strategy basically know your competitors and how beat them philip allan publishers concept suggests that firms need five factors within an industry understand market this will help management level of competition forces provide information be used appropriate advantage s believes overall strength or weakness firm position depends on degree rivalry threat new entrants substitutes bargaining power buyers suppliers more intense between existing likely prices are forced down pressure number potential strategies available reduce for example develop differentiated product e g dyson acquire via mergers takeovers push leader internal growth tesco is very difficult maintain long run if move into they gain share intensify stronger there barriers entering entry low then high vice versa therefore important determining have one...
								

							

						
	
												
				
					
					
					
			
					
				
				
		
	

	
		





	

	
				

						

						
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										Category:  Uncategorized / Uncategorized 
										
Posted on: 02 Sep 2022 | 2 years ago
										
										
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Filetype: PPTX
										
File size: 0.52 MB
										
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