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Porter 5 Forces
Essay specific features


Written by:
Ellen E
Date added:
October 11, 2015
Level:
University
Grade:
A
No of pages / words:
44 / 12140
Was viewed:
4777 times
Rating of current essay:
Essay content:
ALL RIGHTS RESERVED.
You know that to sustain long-term profitability
you must respond strategically to
competition. And you naturally keep tabs
on your
established rivals
. But as you scan
the competitive arena, are you also looking
beyond
your direct competitors? As Porter
explains in this update of his revolutionary
1979 HBR article, four additional competitive
forces can hurt your prospective profits:
•
Savvy
customers
can force down prices
by playing you and your rivals against
one another...
displayed 300 characters
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ALL RIGHTS RESERVED.
You know that to sustain long-term profitability
you must respond strategically to
competition. And you naturally keep tabs
on your
established rivals
. But as you scan
the competitive arena, are you also looking
beyond
your direct competitors? As Porter
explains in this update of his revolutionary
1979 HBR article, four additional competitive
forces can hurt your prospective profits:
•
Savvy
customers
can force down prices
by playing you and your rivals against
one another...
displayed 300 characters
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