What five forces determine industry structure?
Question Description
- What five forces determine industry structure (just name them)? Give your own examples of both strong and weak forces of each type, like those in Figure 2-3.
- Define business process, cost, and margin as they pertain to business processes.
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Forces |
Example of Strong Force
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Example of Weak Force
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Threat of New Entrants |
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Threat of Substitutes |
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Bargaining Power of Buyers |
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Bargaining Power of Suppliers |
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Rivalry Among Existing Competitors |
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