Porter’s Five Forces Model versus A Blue Ocean Strategy Essay
Porter’s Five Makes Model, given by Michael Avoir, is an external environmental evaluation tool for any specific industry. This model stresses that in any existing sector, there are five competition makes: threat of recent entrants, power of suppliers, benefits of customers, threat of substitute products, and intensity of competitive rivalry. ...
SCP model Strategy Essay
Building on the SCP model, Michael Porter designed the very influential five forces style. Porter’s version identifies five key competitive forces that managers have to consider the moment analysing the industry environment and formulating strategy: Porter‘s 5 competitive forces style is starting place for proper analysis that is used for ...
