Porter's Five Forces Analysis Model is an analytical framework for industry analysis and business strategy development developed by Michael E. Porter of Harvard Business School in 1979. Porter's Five Forces Analysis is a framework for industry analysis that helps companies assess the competitive intensity of an industry and determine whether it will be profitable to enter it.
The five forces that shape industry competition are as follows:
1) threat of entry,
2) threat of exit,
3) supplier power,
4) buyer power,
5) competitive rivalry.
The five forces that shape industry competition are as follows:
1) threat of entry,
2) threat of exit,
3) supplier power,
4) buyer power,
5) competitive rivalry.