Porter's Five Forces Model for Evaluating Competitive Forces of Apple Inc.

This report evaluates the competitive forces of Apple Inc. in the consumer electronics and software market using Porter's Five Forces Model. The report analyzes the bargaining power of suppliers and buyers, competitive rivalry, and the threat of new entrants and substitutes.

STRATEGIC MANAGEMENT PLAN

TABLE OF CONTENT
 Porter's five forces model to evaluate the competitive forces of the organization.

Introduction
 This report is based on the Apple Inc. which is an American Multinational
company that specialize in consumer electronics and software and provides
the online services.
 This report will outline the porter's five forces model in order to evaluate the
competitive forces of the given market of the company.

Porter's five forces model to evaluate the
competitive forces of the organization
 Porter's Five forces is the strategic management technique in order
to evaluate the five forces that are affecting the environment of the.
 It includes the customers, suppliers, substitutes, competitors and
new entrants.

Cont…
 Competitive Rivalry or competition
The organization faces the strong competitive rivalry or
competition in the market.

Cont.…
 Bargaining power of buyers
The bargaining power of the customers is very strong which may have
good impact on the Apple's business.

Cont.…
 Bargaining power Suppliers
The organization has experience the weak force related to the bargaining
power of the suppliers.

Canted…
 Threat of Substitutes: The threats of substitution is very low and weak in
order to affect the organization.
 Threat of new entrants: The threats of new entrants for the company is
having the less force on the business.

Conclusion
 From the above report it is summarized the porter's five forces model in order
to evaluate the competitive forces of the given market of the company
including the forces like bargaining power of supplier, bargaining power of
buyer, competitors rivalry, threats of new entrants and threats of substitutes.

References
Varelas, S. and Georgopoulos, N., 2017. Porter’s competitive forces in the modern
globalized hospitality sector–the case of a Greek tourism destination. J Tour Res. 18.
pp.121-131.
Wee, C. H., 2017. Think tank—beyond the five forces model and blue ocean strategy: an
integrative perspective from Sun Zi Bingfa. Global Business and Organizational
Excellence. 36(2). pp.34-45.
Online
Porter’s Five Forces of Competitive Position Analysis. 2021. [Online] Available through:
<https://www.cgma.org/resources/tools/essential-tools/porters-five-forces.html>l