Analyzing he Operating / Industry Environment
One method used to analyse trends in the operating or industry environment is Michael Porter's Five Forces Industry Analysis, which examines the interaction of the following factors:
five example of business sources of industry environment
- -The threat of new entrants
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- - The bargaining power of suppliers
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- - The bargaining power of buyers >
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- - The threat of substitute products or services
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- - The degree of rivalry among existing competitors
