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Q: How do Porters 5 forces apply to event management industry?
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How do you apply Porter's five forces?

limitation of porters


How are the porters five forces used in the retail industry?

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.


Define and dicuss the concept of management Explain the functions of a manager in the travel industry?

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What makes management universal?

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