Demonstrate how those forces can lower profitability

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Reference no: EM13739628

Porter’s five forces of competition are as follows. Give an example of an industry where profitability is low (besides the airline industry). Apply the 5 forces to your chosen industry and demonstrate how those forces can lower profitability.

Rivalry among existing competitors

Bargaining power of buyers

Bargaining power of suppliers

Threat of new entrants

Threat of substitutes (Abraham, 2012, p. 22).

Reference no: EM13739628

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