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Q: Explain Michael Porters model of the five competitive forces?
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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


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.


Strengths and weaknesses of porters five forces model?

http://voices.yahoo.com/strengths-limitations-porters-five-forces-model-11498296.html?cat=3


How do you apply Porter's five forces?

limitation of porters


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


How do you Analyze Amazon using the competitive forces and value chain models?

Analyze Firewire using the value chain and competitive forces models


What competitive environmental forces influence the firms strategy?

The competitive environmental forces influence the firms customers, rival firms, new entrants, substitutes, and supplies.


What are the competitive forces that affect the motorcycle industry?

Competitive forces that affect the motorcycle industry include state regulations and the car industry. Insurance company policies also affect whether someone will purchase a motorcycle.


What are five environmental social forces?

Social, Economic, Technological, Competitive, and Regulatory


How are the porters five forces used in the retail industry?

Porter's 5 Forces of Competition apply to any Competitive Business/Industry, including but not limited to the retail industry. - Threat of a New Competitor - Threat of a substitute (rival) product/service - Buying Power (bargaining power of buyers) - Supplier Reliance (supplier bargaining power) - Intensity of Rivalry - they say competition brings out the best in us. For a detailed explanation of Porter's 5 Forces and free Templates to use for analysis check out the site BusinessBalls.


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


Was Michael Jackson in Armed Forces?

No he wasn't.