TU Management Porters Five Forces Model Discussion
Description
Answer the following questions. You can view the rubric by clicking on rubrics on the left side menu or the three dots in the upper right corner of the discussion questions.
1. Identify Porter’s Five Forces.
2. Apply Porter’s Five Forces model to the automobile industry, first provide examples for each force in the automobile industry, then discuss in detail whether each force has high/low bargaining power, and why.
3. Entry barriers can help firms reduce the threat of new entrants. Identify at least five distinct entry barriers that can reduce the threat of new entrants entering the automobile industry.
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