Question michael porters five forces model is a required

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Reference no: EM13349780

Question :

Michael Porter's Five Forces Model is a required tool to aid organizations facing the challenging decision of inflowing a new industry or industry segment. The Five Forces Model helps evaluate the relative attractiveness of an industry and includes:

Supplier power

Buyer Power

Threat of substitute products or services

Threat of new entrants

Rivalry among existing competitors

PROJECT FOCUS:

Execute a detailed Porter's Five Forces analysis for The Broadway Cafe.

Be sure to highlight entry barriers, substitute products and switching costs.

Evaluate which of Porter's Three Generic strategies you may use as you rebuild The Broadway Cafe for the 21^st century.

Reference no: EM13349780

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