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1. put emphasis on external factors and ignore firm-specific factors
2. institutional issue plays an important role in shaping and controlling the industry, but porter just treat it as a factor, no as a influential force
3. his model is industry-based, how firms can do if revolutionary changes happen in the industry
4. how to explain multi-industry conglomerate, such as GE
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Strengths and weaknesses of porters five forces model?
http://voices.yahoo.com/strengths-limitations-porters-five-forces-model-11498296.html?cat=3
Porter's five force model of Hero Honda?
porters five force model for hero Honda
What is Porters Five Forces Analysis in banks of south Africa?
five porters forces model with specific reference to south Africa banking between 2010 and 2014
Porters five force model of Indian hotel industry?
- threat of new entrants - jockeying for position - bargaining power of suppliers - bargaining power of buyers - threat of substitute products
How porters five forces model help computer based information system to gain a competitive advantage over its rivals?
The five porters include the following ; intense rivalry of the existing firm, threats of substitutes, threats of the buyers, threat of the suppliers, threats of the new entrant
Porter's Five force model for pharmaceutical industry?
porter's five force strategy for Indian pharmaceutical industry?
How do you apply Porter's five forces?
limitation of porters
What is porters five forces model?
1. Supplier's power 2. Threat of subtitute 3. Buyer's power 4. Barrier's to entry 5. Rivalry
What is the importance of porters 5 forces model in strategic management?
Porter's five forces model is important in strategic management because it shows you the positive outcome of advancing in your career. It also helps you understand the outcome of the competitive position you are currently in.
What are the limitations of five forces model?
1. put emphasis on external factors and ignore firm-specific factors 2. institutional issue plays an important role in shaping and controlling the industry, but porter just treat it as a factor, no as a influential force 3. his model is industry-based, how firms can do if revolutionary changes happen in the industry 4. how to explain multi-industry conglomerate, such as GE
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