Porter's five forces identifies five competitive forces which affect the competitive position

Porter's five forces was introduced by Michael E. Porter in his first article in Harvard Business Review marts-april 1979. The title of the article was “How Competitive Forces Shape Strategy”. The model identifies five competitive forces which affect the company's competitive position - these are: - Existing competitors in the industry - Threat of new entrants coming into the industry - Bargaining power of the suppliers to our firm - Bargaining power of buyers - Threat of substitute products or services 0:00 Introduction of the author and the models five competitive forces 1:13 Competitive force - Rivalry among existing competitors in the industry 4:44 Competitive force - Threat of new entrants 8:22 Competitive force - Bargaining power of suppliers 10:17 Competitive force - Bargaining power of buyers 13:09 Competitive force - Threat of substitute products and services 14:19 An example of the application of the model - app to mobile phone 15:45 Criticism of the model Download the model (PowerPoint) from our website: flixabout.com/porters-five-forces You might benefit from: Michael Porters generic strategies    • Porters generic strategies is about h...   Michael Porters value chain    • Michael E. Porter's Value Chain model...   Michael Porters diamond model    • Michael E Porter's Diamond Model expl...   Our Youtube channel youtube.com/c/flixaboutcom Our homepage www.flixabout.com

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• #porters_five_forces
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• #bargaining_power_of_suppliers
• #threat_of_substitute_products_or_services
• #bargaining_power_of_buyers
• #rivalry_among_existing_competitors