Assess the importance to its success of each of six forces

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Reference no: EM132111593

Imagine yourself to be a strategist of a real company. Select the company in an industry of your choice.

A strategist can analyze any industry by rating each competitive force as high, medium or low in strength.

In carefully scanning its industry, a corporation must assess the importance to its success of each of the following six forces. The first five are Porter’s 5 Forces Driving Industry Competition. The last one is added to reflect the power that governments, local communities, and other groups from the task environment wield over industry activities.

Threat of new entrants

Rivalry among existing firms

Threat of substitute products/services

Bargaining power of buyers

Bargaining power of suppliers and

Relative power of other stakeholders

Based on current trends in each of these competitive forces, analyse the competitive intensity and interpret the results.

no plagiarism please

Reference no: EM132111593

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