five forces model definition

glossary: five forces model definition

Glossary: five forces model



Five forces model or Porter's model is an analytical approach use to analyze a firm's industry environment. Factors that are considered in five force analysis are 1. Risk of entry by potential competitors 2. Bargaining power of suppliers 3. Bargaining power of buyers 4. Threat of substitute products 5. Rivalry among established firms

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Definition: five forces model

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Glossary: five forces model business plan definition - 2001-2003 HJ Ventures International, Inc.