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What Is "Porter'S 5 Forces Analysis"?

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Issue:

Business

 

Written by:

Krista A

 

Date added:

August 28, 2017

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 419

 

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2332 times

 

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Essay content:

If one supplier has a large enough impact to affect a company's margins and volumes, then they hold substantial power. Here are a few reasons that suppliers might have power: There are very few suppliers of a particular product There are no substitutes Switching to another (competitive) product is very costly The product is extremely important to the buyer, they can not do without it The supplying industry has a higher profitability than the buying industry Power of Buyers - This is how much pressure customers can place on a business...
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Here are a few reasons that suppliers might have power: There are very few suppliers of a particular product There are no substitutes Switching to another (competitive) product is very costly The product is extremely important to the buyer, they can not do without it The supplying industry has a higher profitability than the buying industry Power of Buyers - This is how much pressure customers can place on a business...
displayed 300 characters

General issues of this essay:
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