Strategic mgmt- WK 2 PPF Porter’s Five-Force analysis, business and finance homework help
Go to the http://www.youtube.com/watch?v=mYF2_FBCvXw website and watch Porter’s five forces. Go to the www.strategyclub.com website.
Then conduct a Porter’s Five-Force analysis on the Jewelry industry.Evaluate each of the five forces. Determine relevant aspects of each force in the particular industry, and summarize with your evaluation of the strength of each force. Based on this analysis, determine the recommendations you would make for:–a firm already in the particular industry–a firm considering entering the particular industry
I have provided the power points for chapter 2 and the pages from the book where chapter 2 discusses it
Porter’s Five-Force Strategic factors are :-
- The entry of new competitors.
- The threats of substitutes.
- The bargaining power of buyers.
- The bargaining power of suppliers.
- The rivalry among the existing competitors .
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