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Poter five forces model is used for assessing and analysing the competitive strength and position of a corporation or business organization.
the five forces are:
# Existing competitive rivalry between suppliers # Threat of new market entrants # Bargaining power of buyers # Power of suppliers # Threat of substitute products (including technology change)
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∙ 15y ago
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How is the five force apply in cochlear limited?
Porter's Five Forces theory exists as organizational strategy. While it is conditional to a competitive industry it also applies to a pioneer industry such as Cochlear Limited. Five Force in particular is evident in the threats of new extrants, bargaining with buyers, and Cochlear Limited's substitute products.
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