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Your task for your industry:Identify the industry and then break it down conducting a competitive forces analysis: political-legal, economic, social, and technological. Complete a Porter's Five force
Your task for your industry:
- Identify the industry and then break it down conducting a competitive forces analysis: political-legal, economic, social, and technological.
- Complete a Porter's Five forces model analysis
- Summarize your findings-what do both of these activities tell you about your industry?
Political Forces:
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Social Forces:
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Economical Forces:
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Technological Forces:
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The Porter Five Forces model for the Financial Industry
- Competition level within the industry.
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- Bargaining power of suppliers:
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- Bargaining power of consumers:
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- Threat of new entrants into the industry
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- Threat created by substitute products:
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