Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Saturday, December 2, 2017

Porter's Five Forces Framework

Analysis of forces close to a company that affect its ability to serve its customers and make a profit.

Based on structure, conduct, performance paradigm in IO economics

Five Forces are

- Bargaining Power of Suppliers
- Threat of New Entrants
- Threat of Substitutes
- Bargaining Power of Buyers
- Industrial Rivalry