Competitive forces are elements from outside the company that threaten its standing in the marketplace. Analyzing competitive forces requires more digging than simply trying to determine what new ...

Porter’s Five Forces model serves as a framework for strategic management. It has served as the North Star of the business industry since Michael E. Porter introduced it in a 1979 issue of the Harvard ...

Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...

These days, you can assume that nearly every work environment is a competitive environment. The primary source of the competition can vary from one work area to another, but there's competition from ...

Awareness of the five forces can help a company understand the structure of its industry and stake out a position that is more profitable and less vulnerable to attack. by Michael E. Porter In essence ...