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5 - FORCES(Michael Porter)


               Porter identified five factors that act together to

               determine the nature of competition within an industry.
               These are the:








































                   ·  Threat of new entrants to a market

                   ·  Bargaining power of suppliers

                   ·  Bargaining power of customers (“buyers”)

                   ·  Threat of substitute products

                   ·  Degree of competitive rivalry
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