Porter's Five Forces
- Created by: harrylv
- Created on: 06-03-18 12:09
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- Porter's Five Forces
- Competitive Rivalry
- looks at the number and strength of your competitors
- How many, Who and How
- Supplier Power
- This is determined by how easy it is for your suppliers to increase their prices
- Buyer Power
- you ask yourself how easy it is for buyers to drive your prices down
- Threat of Substitution
- This refers to the likelihood of your customers finding a different way of doing what you do
- Threat of New Entry
- Your position can be affected by people's ability to enter your market
- Competitive Rivalry
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