Porter's Five Forces

  • Created by: harrylv
  • Created on: 06-03-18 12:09
View mindmap
  • 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


No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all 1 resources »