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The RBV looks at the internal environment, in terms of resources and skills the firm has at its disposal, to create a competitive edge, whereas the five forces looks at the external environment .
refer to michale portes five forces model
5 major external forces seem to drive the rate of change and shape our economic and political landscape: globalization, technology, organizational consolidation, the empowered consumer, and government policy and regulation.
limitation of porters
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five porters forces model with specific reference to south Africa banking between 2010 and 2014
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
1. Supplier's power 2. Threat of subtitute 3. Buyer's power 4. Barrier's to entry 5. Rivalry
How do poter's five forces affect BP oil company? and recommendation where necessary
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.
porters five force model for hero Honda
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.
I NEED FIVE COMPETENCIES OF A PHARMACY TECHNICAN UNDER THE STATE BOARD OF PHARMACY LAW
I NEED FIVE COMPETENCIES OF A PHARMACY TECHNICAN UNDER THE STATE BOARD OF PHARMACY LAW
porter's five forces model to cement industry ?