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Commissions do not affect our editors' opinions or evaluations. Porter’s Five Forces is a classic model that organizations use to assess their competitive environment and make informed decisions.
Porter's Five Forces industry analysis is a model businesses can use when putting together a strategic business plan. The model describes the five different forces that can affect the business ...
Harvard economics professor Michael Porter developed the five forces model to help business executives understand and deal with competition. Porter argues that factors affecting competition are ...
Andrew Beattie was part of the original editorial team at Investopedia and has spent twenty years writing on a diverse range of financial topics including business, investing, personal finance ...
He is a Chartered Market Technician (CMT). Porter’s Five Forces are used to identify and analyze the forces that shape the competitive nature and intensity of a market or industry. The term ...