Porters 5 forcesdefinition of porters 5

Forces of demand and supply representing the aggregate influence of self-interested buyers and sellers on price and quantity of the goods and services offered in a marketin general, excess demand causes prices and quantity of supply to rise, and excess supply causes them to fall.

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Porter's 5 forces is a model that identifies and analyzes the competitive forces that shape every industry, and helps determine an industry's weaknesses and strengths.

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Porters 5 forcesdefinition of porters 5
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2018.