Answered By: Maria Deptula
Last Updated: May 29, 2020     Views: 17

Porter's Five Forces is a "corporate strategy framework" developed by Harvard Business School's Professor Michael Porter. Porter defined five competitive forces (threats) which companies need to address in their strategies.

Those Five Forces are:

  • Threat of new competitors 
  • Threat of substitute products and services 
  • Bargaining power of buyers 
  • Bargaining power of suppliers 
  • Rivalry among existing competitors 

Information for the assignment pertinent to Porter's Five Forces can be found in industry reports and in company reports.

Use these library databases for the industry reports: IBISWorld, ABI Inform, Business Insight,  and Plunkett Research.

Use these library databases for company reports: Mergent Online, Business Insights, Nexis Uni, and ABI Inform.

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