What Are Porters Five Forces?

Answer

Porter's five forces are a set of guiding principles that determine the attractiveness and profitability of a market. They were developed in 1979 by Michael Porter when he was studying at Harvard business school. The Porter's five forces are threats of new entrants into an industry, threat of substitutes, buying power, supplier power and the degree of rivalry.
3 Additional Answers
A Porter Five Forces is a structure that is used to help the marketer to contrast an aggressive environment. It mostly has similarities with other equipment for ecological review and it tends to centre on the individual or business rather than a solitary product or variety of products.
Porter's five forces is a tool for the industry analysis and business strategy development developed in 1979 by Michael E. Porter of Harvard Business School. It is a framework for diagnosis of the industry structure. Porter's five forces are: threat of entry to the market from other organisations, supplier power, buyer power, availability of substitute products and existing competitors.
Porter's five forces refers to a tool which is used to analyse a business situation. It is made up of five important forces, which are: supplier power, buyer power, threat of substitution, competitive rivalry and threat of new entry. Porter's five forces help in determining where the strength of a business lies.
Q&A Related to "What Are Porters Five Forces"
1. Determine the firm's position in comparison to its competitors. For this, measure competitiveness by the extent of industry concentration and market penetration. 2. Compare your
http://www.ehow.com/how_7626292_apply-five-forces-...
1. Supplier's power. 2. Threat of subtitute. 3. Buyer's power. 4. Barrier's to entry. 5. Rivalry.
http://wiki.answers.com/Q/What_is_porters_five_for...
Porter's Five Forces are Supplier Power, Barriers to Entry, Threat of Substitutes, and
http://www.chacha.com/question/what-are-porter's-f...
They show how an organization can be affected by other organizations through different forces. Supplier Power, Barriers to Entry, Buyers Power, Rivalry, Threats of Substitutions.
http://answers.yahoo.com/question/index?qid=200703...
Explore this Topic
Porter five forces analysis is a diagnostic examination for computer systems that configures a boot check of the electric impulses, or forces or the system. ...
Porter five forces analysis is a diagnostic examination for computer systems that configures a boot check of the electric impulses, or forces or the system. ...
Michael Porter provided a framework that models an industry as being ...
About -  Privacy -  AskEraser  -  Careers -  Ask Blog -  Mobile -  Help -  Feedback © 2014 Ask.com