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Main » 2009 » March » 16
Awareness of the five forces can help a company understand the structure of its industry and stake out a position that is more profitable and less vulnerable to attack. After watching the video about Porter's Five Competitive Forces That Shape Strategy, I became very interested in the issue and started searching for more information. I found this article in www.mindtools.com which explains the Five Forces in more detail and gives examples.

Porter's Five Forces

Assessing the Balance of Power in a Business Situation

The Porter's 5 Forces tool is a simple but powerful tool for understanding where power lies in a business situation. This is useful, because it helps you understand both the strength of your current competitive position, and the strengt ... Read more »

Views: 48061 | Added by: admin | Date: 2009-03-16 | Comments (40)

Starting from scratch isn't the only way to get started. Buying an existing business can help you hit the ground running. Here's what you need to know to find a great deal.

A very interesting article for those who think of owning a business
Views: 983 | Added by: admin | Date: 2009-03-16 | Comments (9)

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