Of course, you can use five forces analysis for any industry.
five porters forces model with specific reference to south Africa banking between 2010 and 2014
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.
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 Forces analysis of Foster's Group Limited evaluates its competitive environment in the beverage industry. The threat of new entrants is moderate due to high capital requirements and established brand loyalty. Bargaining power of suppliers is low due to the availability of raw materials, while buyer power is high as consumers have numerous beverage options. The threat of substitutes is significant, with a wide range of alternative alcoholic and non-alcoholic drinks available, leading to intense rivalry among existing competitors in the market.
Michael Porter's Five Forces analysis has several limitations, including its static nature, which may not adequately capture the dynamic and rapidly changing business environment. It focuses primarily on industry-level competition, potentially overlooking the influence of external factors such as technological advancements or regulatory changes. Additionally, the model may oversimplify complex interactions among forces and fail to account for the role of unique resources and capabilities within individual firms. Lastly, the framework does not provide clear guidance on how to respond strategically to the competitive pressures identified.
Black Canadian porters were associated with the "Sleeping Car Porters" union.
nurse. Receptionist. Porters. Cooks. Doctors. Anaesthetics. Janiters. Phisiotherapists. Play therapists. Etc. Ambulence drivers
The porters needed a union because they were not treated well
Shore Porters Society was created in 1498.
the porters were not well paid and sought protection with a union- apex
Pullman porters needed a union because they were not treated well.
the porters needed a union because they were not treated well APEX :)