Business Startup

Five Forces Analysis is a competitive analysis tool that determines the principal competitive influence in a market. The Five Forces Analysis model suggests five important factors that drive a business’s competitive position. By evaluating how these forces affect your business, you can assess the strength of the position and your business in order to sustain in the industry and become success. The Five Forces Analysis example here gives a good demonstration of how Five Forces Analysis can be applied to a business.

Posted by: Steven Guarino

Turn every software project into a successful one.

Try Visual Paradigm for Free! Or learn more about our features.

Leave a Reply

Be the First to Comment!

avatar