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Five Forces Method & How it is Attractive For Business

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What is the Five-Forces method and how is it attractive for business?

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This solution defines the Five-Forces method and explains how it is attractive for business. It includes examples and links.

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Porter's Five Forces is a model for industry analysis that provides a framework for a business to better understand the context within which it operates or evaluate an industry in which it is considering expanding. It is also used to determine if an industry is attractive based on the combination of these forces effect on profitability. The Five Forces are defined as supplier power, buyer power, threat of substitutes, and threat of ...

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Sally Baldwin, Ed.D
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  • BA, University of Southern California
  • MSS, United States Sports Academy
  • Ed.D, Boise State University
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