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Category > Business & Finance Posted 20 Jul 2017 My Price 3.00

Briefly explain each of Porter’s Five Forces. Porter’s Five Forces are the threats of potential new entrants

Briefly explain each of Porter’s Five Forces. Porter’s Five Forces are the threats of potential new entrants, which increases competition in a market; bargaining power of buyers, which can depress prices; bargaining power of suppliers, which can increase costs or reduce selection; threat of substitute products, which can lure customers to other products; and rivalry among competitors, which can bring about price wars or divert companies from their main goals.

 

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SmartExpert
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Status NEW Posted 20 Jul 2017 10:07 AM My Price 3.00

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