for Google Slides (PPTX), for Keynote (KEY), for PowerPoint (PPTX)
As a result of the threat of substitutes, firms are forced to make investments in order to differentiate themselves from their competitors. This is done by making improvements on the product and pricing. The free porters 5 ps template is a tool for analyzing the threat of substitutes. It helps managers to identify the factors that are influencing their company’s ability to compete with other products or services. The Porter Five Forces Model is a tool for analyzing how well different industries are able to protect themselves from competition. The model helps us understand why some industries are more profitable than others, and what types of changes may affect those profits in the future.
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