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Porter Five Pushes Examination Economics Essay
In 1979 the renowned business strategist Michael E. Porter discovered five competitive forces that impact planning strategies in a model called porter's five forces. It is a management tool that allows an external analysis of an enterprise, through the examination of the industry or sector to which it belongs. The competitive forces that this tool considers are: Barriers to entry Threat of substitutes Buyers power Supplier power Degree of rivalry Sorting..
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