Principles of Information Systems (MindTap Course List)
Principles of Information Systems (MindTap Course List)
12th Edition
ISBN: 9781285867168
Author: Ralph Stair, George Reynolds
Publisher: Cengage Learning
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Chapter 2, Problem 6DQ

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Justification:

Analysis done on porter’s five force model to gain competitive advantage is as follows:

  • Threat of new competitors
    • Get the information about the new producers and clients.
    • Monitor the existing strategies to gain the customer interest.
  • Threat of substitute products and services
    • Check the duplications of new innovations related to other companies...

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