Discuss competitive rivalry in the industry

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Reference no: EM133826532

Homework: Application of Porter's Five Force Strategy to the U.S. Auto Industry

Porter's five force strategy is a framework for making a qualitative evaluation of a firm's strategic position which according to Porter should be used at the industry level, a marketplace in which closely related substitutable products or services are sold. Porter's analytical framework consists of those forces that affect a producer's ability to serve its customers and its profitability. A change in any of these five forces requires a re-assessment of the marketplace.

According to this model, success in a business is primary based on managers knowledge of competition in the industry, customers, suppliers, potential entrants, and substitute products. The extended rivalry that results from all five forces defines an industry's structure and shapes the nature of competitive interaction within an industry.

I. Cover page with a running head,

II. Abstract

III. The U.S. Auto Industry

i. U.S. Auto Industry Definition
ii. U.S. Auto Industry Market Structure
iii. U.S. Industry Future Outlook

IV. Application and Analysis of Porter's Five Forces Strategy to the U.S. auto industry

i. Bargaining Power of Buyers
ii. Bargaining Power of Suppliers
iii. Competitive Rivalry in the Industry
iv. Threat of New Entrants
v. Threat of Substitutes

V. Conclusion

VI. References

Reference no: EM133826532

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