Porter: Difference between revisions
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Porter's Five Forces of Competition, a strategic analysis model developed by Professor Michael E Porter. | Porter's Five Forces of Competition, a strategic analysis model developed by Professor Michael E Porter. | ||
The competitive forces identified by the model are: | The competitive forces identified by the model are: | ||
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# The bargaining power of Suppliers. | # The bargaining power of Suppliers. | ||
# The intensity of the Rivalry between the current competitors in the market. | # The intensity of the Rivalry between the current competitors in the market. | ||
For example, barriers to entry into the market may reduce the threat of new competitors entering. | |||
== See also == | == See also == | ||
* [[Barriers to entry]] | |||
* [[Boston Matrix]] | * [[Boston Matrix]] | ||
* [[Competitor analysis]] | * [[Competitor analysis]] | ||
* [[Intensity]] | |||
* [[PEST analysis]] | * [[PEST analysis]] | ||
* [[Product Market Matrix]] | * [[Product Market Matrix]] | ||
* [[Strategic analysis]] | * [[Strategic analysis]] | ||
* [[SWOT analysis]] | * [[SWOT analysis]] | ||
[[Category:Knowledge_and_information_management]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 17:29, 20 September 2022
Porter's Five Forces of Competition, a strategic analysis model developed by Professor Michael E Porter.
The competitive forces identified by the model are:
- The threat of new Competitors entering the market.
- The threat from Substitute products or services.
- The bargaining power of Customers.
- The bargaining power of Suppliers.
- The intensity of the Rivalry between the current competitors in the market.
For example, barriers to entry into the market may reduce the threat of new competitors entering.
