Business Essentials

BUSINESS ESSENTIALS

Table of Content
• Introduction
• Discussion
• Conclusion
• References

INTRODUCTION
Business itself is an essential element in the current scenario. It is composition of external and internal
environment which requires various strategies. Organisation undertaken in this presentation is TK
MAXX which was founded in 1994 and deals in retail sector. It will explain the competitive
forces, market size, structure and key issues faced by the company

Porter's competitive forces
It is an analyses instrument or model which uses five
forces model to describe the intensity of competition
and level of profitability in an industry.
Competition in the industry : The importance of this
force is the number of competitors and their ability to
threaten a company.