What are porter five forces of xiaomi corporation

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What are Porter's 5 forces of xiaomi corporation?

These forces are:

1. Competition in the industry;

2. Potential of new entrants into the industry;

3. Power of suppliers;

4. Power of customers;

5. Threat of substitute products.

Understanding Porter's 5 Forces and how they apply to xiaomi, can enable a company to adjust its business strategy to better use its resources to generate higher earnings for its investors.

-Answer in detail.

Reference no: EM132252499

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