· Rick of Entry by Potential Competitors.
· The threat of new entrants is usually based on the market entry barriers .the threat is low in this point because when the companies want to enter the education sector they need more time to do the Economies of scale and Brand loyalty. The government regulations one of the most barriers that prevent the companies enter the education sector. This makes to me good opportunity to earn more profit.
· Existing competitors.
· The existing competitors make a big threat because the universities are interdependent so each university affects the other.
· Bargaining Power of Buyers.
· The threat of buyers is low because the switching costs for the students are low and the students can't threaten to enter as a competitor and the buyers are not dominant.
· Bargaining Power of Suppliers.
· The threat in this point is very high because the suppler knows that I can't threaten to enter the suppliers industry and some time I can't find the substitutes or I can find few substitutes. The switching costs from the suppliers are significant.
· Substitute Products.
· The threat is low because I can find many substitutes for many products and this make me have more opportunity to gain more profits.
limitation of porters
http://voices.yahoo.com/strengths-limitations-porters-five-forces-model-11498296.html?cat=3
five porters forces model with specific reference to south Africa banking between 2010 and 2014
The five porters include the following ; intense rivalry of the existing firm, threats of substitutes, threats of the buyers, threat of the suppliers, threats of the new entrant
1. Supplier's power 2. Threat of subtitute 3. Buyer's power 4. Barrier's to entry 5. Rivalry
Porter's five forces model is important in strategic management because it shows you the positive outcome of advancing in your career. It also helps you understand the outcome of the competitive position you are currently in.
How do poter's five forces affect BP oil company? and recommendation where necessary
porters five force model for hero Honda
Porter's 5 Forces of Competition apply to any Competitive Business/Industry, including but not limited to the retail industry. - Threat of a New Competitor - Threat of a substitute (rival) product/service - Buying Power (bargaining power of buyers) - Supplier Reliance (supplier bargaining power) - Intensity of Rivalry - they say competition brings out the best in us. For a detailed explanation of Porter's 5 Forces and free Templates to use for analysis check out the site BusinessBalls.
Five Branches University was created in 1984.
porter's five forces model to cement industry ?
Porter's Five Forces theory exists as organizational strategy. While it is conditional to a competitive industry it also applies to a pioneer industry such as Cochlear Limited. Five Force in particular is evident in the threats of new extrants, bargaining with buyers, and Cochlear Limited's substitute products.