Porters Five Forces Flashcards
1
Q
Competitive Rivalry
A
How many organisations are there doing the same thing?
2
Q
Threat of new entrants
A
How likely is it for another organisation to start up and affect the business?
3
Q
Threat of substitution
A
How likely are customers to find something else to replace the product / service?
4
Q
Power of buyers
A
How easy it is for buyers to negotiate?
Are there lots of alternative suppliers?
Prices will reflect the importance of the supplier to the buyers
