“Five Forces of Competition Model” Please respond to the

“Five Forces of Competition Model” Please respond to the

“Five Forces of Competition Model” Please respond to the following: From the e-Activity, analyze the industry you selected using the Five Forces of Competition Model to determine the impact of each of the five forces. Based on your analysis, determine if the industry is attractive or unattractive. Explain your rationale. WEEK 2 EACTIVITY Use the Internet or the Strayer Library to research the industry of your choice in light of the Five Forces of Competition Model. Be prepared to discuss.   500 words refs n cite
 
 
 
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As analyzed by Porter the five forces of competition impact differently within different industries or business strategies. The overall profitability of an industry is purely determined by the combination of the five forces and how they act towards the competitive intensity within the industry. These forces make up the microenvironment and affect the company’s ability to handle its customers and generate profits. To start with the first force that is the threat of new entrants, it is a sole determinant of success or failure in the banking industry (Siaw & Yu, 2004). This …
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