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Porter’s Five Forces Model Analysis for Woolworths Company

   

Added on  2023-05-30

6 Pages836 Words58 Views
Running head: STRATEGIC MANAGEMENT
Strategic Management
Name of the Student
Name of the University
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1STRATEGIC MANAGEMENT
Table of Contents
Introduction......................................................................................................................................2
Overview of Porter’s Five Forces Model Analysis.....................................................................2
Conclusion.......................................................................................................................................4
References........................................................................................................................................5

2STRATEGIC MANAGEMENT
Introduction
Overview of Porter’s Five Forces Model Analysis
The Porter’s Five Forces Model framework is the tool which helps in analyzing the
competition of the business in an effective manner. This helps in drawing the industrial
economic organizations which helps in deriving the five forces which helps in determining the
competitive kind of intensity as this helps in generating the overall attractiveness of the industry
in an efficient manner (E. Dobbs, 2014). The purpose of the Porter’s Five Forces Analysis is that
the different organizations will be able to keep a close watch on the different competitors and
examine the different factors which could impact the business environment.
Figure 1: Porter’s Five Forces Model Analysis
(Source: Zhao et al., 2016)

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