BS A2 0.0 / 5 ? Business StudiesPorter's Five Forces ModelA2/A-levelAQA Created by: Mike WongCreated on: 04-05-18 15:56 Porter's Five Forces Model (Definition) The model is a framework for analysing the nature of competition within an industry. 1 of 6 Bargaining Power of Customer How much power the customers have on the business 2 of 6 Bargaining Power of Supplier How much power the suppliers have on the business 3 of 6 Threat of substitute product The possibility of new businesses entering the industry 4 of 6 Threat of market entry How much power the supplier has on the business 5 of 6 Degree of competitive rivalry How strong is the rivalry between businesses 6 of 6
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