Porter’s competitive forces model: This model is mainly used to realize the competitive advantage. It gives the common view of the company, its competitor, and the environment of the companies. This model is developed regarding the company’s common business environment. This model contains the five competitive forces. They are as follows: Substitute products and services New market entrants Traditional competitors Suppliers Customers

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Chapter 3, Problem 4CE

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Porter’s competitive forces model:

This model is mainly used to realize the competitive advantage.

It gives the common view of the company, its competitor, and the environment of the companies.

This model is developed regarding the company’s common business environment.

This model contains the five competitive forces. They are as follows:

Substitute products and services

New market entrants

Traditional competitors

Suppliers

Customers

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