cpark2 cpark2
  • 22-10-2020
  • Business
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What is porter's 5 forces?

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VanderHoff VanderHoff
  • 22-10-2020

Answer:

Porter's Five Forces is a framework for analyzing a company's competitive environment.

The number and power of a company's competitive rivals, potential new market entrants, suppliers, customers, and substitute products influence a company's profitability.

Explanation:

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ketlen55p5jlbo ketlen55p5jlbo
  • 22-10-2020
Porter's Five Forces is a model that identifies and analyzes five competitive forces that shape every industry and helps determine an industry's weaknesses and strengths.
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