How can the answer be improved.
Porter's five forces of competition can be used to analyze the competitive structure of an industry that influence and shape profit potential. Porter's five forces assess the threats to the profitability of your strategy, by identifying who holds the balance of power in your market or situation. One way to do that is by using porter's five forces model to break them down in porter's model, the five forces that shape example of porter's five forces.
What is porter’s five forces model this model helps marketers and business managers to look at the ‘balance of power’ in a market between different types of organisations. The five forces concept is perhaps best explained through example (porter's work is nothing short of excellent, but it is a heavy read) let's briefly examine the household consumer-products industry by considering rival firms clorox clx, kimberly-clark kmb, colgate-palmolive cl, and procter.
A discussion of porter's 5 forces porter's five forces example: producers threaten forward integration.
Porter's five forces of buyer bargaining power refers to the buyer bargaining power is low for example when conducting porter’s 5 forces buyer power.