Michael Porter's Five Forces Michael Porter's five forces is a model used to explore the environment in which a product or company (or business unit) operates. Five forces analysis looks at five key areas mainly the threat of entry, the power of buyers, the power of suppliers, the threat of substitutes, and competitive rivalry. New Entrants SuppliersIndustry competitors and extent of rivalryBuyers Substitutes Introduction The model of the Five Competitive Forces … [Read more...] about Porters five forces
