Porter's Five Forces Model for Business Strategy (P3)

Business Strategy (P3)

Content
 Introduction
 Porters five forces
 Conclusion
 References

Business Strategy is referred to as the set of steps and
rules that are taken up by the management to have a
better competitive hold on the business environment.
These are combination of rules taken and the actions
performed to achieve the business goals and
organisational goals. This PPT will cover Porters five
forces of company.
Introduction

Application of Porter’s Five Forces model
Porter's five forces is a useful tool to identify the competitiveness in an industry and how
these factors influence position of any business in the industry (Wee, 2017). It is an
industry study with regard to a company in question. The five forces that derive the
competitiveness of a firm in an industry are
•Competitive Rivalry
•Supplier Power
•Buyer Power
•Threat of Substitution
•Threat of New Entry