Porters Five Force Analysis

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Porter’s Five Forces Analysis is a framework developed by Michael Porter to analyze the competitive environment of a particular industry. It helps identify the five key forces that shape the competition in an industry and how they can be used to create a competitive advantage. The five forces are buyers, suppliers, substitutes, new entrants and industry rivalry. By understanding these forces, businesses can better assess their competitive position in an industry and make informed decisions on how to improve it. Porter’s Five Forces Analysis is an important tool for any business looking to gain a competitive edge in their respective market.


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