1. Assessing Opportunities and Threats
  2. The Competitive Environment

Porter's Five Forces

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Created by
Lukas Skripka

Subdecks (5)

  • Competitive Rivalry

    Business > Year 2 > Analysing Strategic Position > Assessing Opportunities and Threats > The Competitive Environment > Porters Five Forces
    10 cards
  • Substitute Threat

    Business > Year 2 > Analysing Strategic Position > Assessing Opportunities and Threats > The Competitive Environment > Porters Five Forces
    5 cards
  • Supplier Power

    Business > Year 2 > Analysing Strategic Position > Assessing Opportunities and Threats > The Competitive Environment > Porters Five Forces
    6 cards
  • Buyer Power

    Business > Year 2 > Analysing Strategic Position > Assessing Opportunities and Threats > The Competitive Environment > Porters Five Forces
    5 cards
  • Threat of New Entrants

    Business > Year 2 > Analysing Strategic Position > Assessing Opportunities and Threats > The Competitive Environment > Porters Five Forces
    5 cards

Cards (34)

  • What is Porter's Five Forces?
    Used to analyse the competitive intensity and thereore the profitability of the industry
  • What does Porter's Five Forces help businesses understand?
    • The attractiveness of entering a market
    • How to position competitively within it
    • Strategic or functional decisions to protect or enhance profitability
  • What are the Porter's Five Forces?
    • Threat of new entrants (barriers to entry)
    • Buyer power
    • Supplier power
    • Substitute threat
    • Competitive rivalry