Porter's Five Forces Analysis is a tool that helps companies to identify the competitive forces in the industry. It helps to understand the competitive position of your company in the market and make strategic decisions accordingly. In this paper, we are going to discuss about how Porter's Five Forces Analysis Method can be used by companies. We will also discuss about how it can help them understand their competitive position and make strategic decisions. Porter’s Five Forces Analysis Method is a tool that helps companies to identify the competitive forces in the industry. It helps to understand the competitive position of your company in the market and make strategic decisions accordingly. The five forces model was developed by Michael Porter, an American business professor at Harvard Business School, for analyzing a company’s industry as well as its own level of competitiveness.