Porter's Five Forces is a framework that helps managers and analysts understand a firm's position in its industry by analyzing five key factors: the threat of new entrants, the bargaining power of buyers, the bargaining power of suppliers, the threat of substitute products or services, and the intensity of competitive rivalry. By evaluating these forces, one can gain insights into the competitive environment of the industry and the firm's strategic positioning.
What’s the best way to turn business challenges into strategic opportunities? With a structured case...
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