One way to do so is through an analysis using Porter's Five Forces Model, a methodology that looks at external factors within a specific industry. Keep reading to see how these five forces apply ...

Porter’s theory focuses on several models, the most practical of which are value chain analysis and the Five Forces Model. Through value chain analysis, Porter defined effective supply chain ...

model. Porter's five forces are: The threat of substitute products or services The threat of increased competition from rivals in the market The threat of new entrants into the market The ...