chose unique and new business idea and work on it

Five forces model

Assessing industry attractiveness using the fives forces model

Competitive force

Threat to industry profitability low

Threat to industry profitability Medium

Threat to industry profitability High

Threat of substitutes

Threat of entrants

Rivalry among existing firms

Bargaining power of suppliers

Bargaining power of buyers

Instructions:

Step 1: Select in industry.

Step 2: Determine the level of threat to industry profitability for each of the forces (low, medium or high).

Step 3: Use the table to develop an overall feel for the attractiveness of the industry.

Step 4: Use the table to identify the threats that are most often relevant to industry profitability

chose unique and new business idea and work on it 1