Business Strategy (P3)

Business Strategy (P3)

Content
 Introduction
 Porters five forces
 Conclusion
 References

Business strategy is related to development of a
business plan which is helpful in minimisation of risk
associated with the business (Bayo-Moriones, 2020).
The professional business strategy is required to
develop a business organisation in this stiff
competition world. This PPT will cover Porters five
forces and its application in business
Introduction

Application of Porter’s Five Forces model
In order to analyse the internal environment of a business it is compulsory to perform
porter's five forces analysis. The porter's five forces model is a deep approach which is
helpful in determination of forces which impact on the internal environment of the
company.
•Competitive Rivalry
•Supplier Power
•Buyer Power
•Threat of Substitution
•Threat of New Entry