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Title: What part of Porter's framework is inappropriate for non-competitive situations? Post by: mechaniker on November 05, 2016, 09:34:56 pm Porter's five forces framework
I appreciate your help. This is for an assignment. Thank you Title: Re: What part of Porter's framework is inappropriate for non-competitive situations? Post by: yaris on November 16, 2016, 06:29:43 pm Threat of substitution. If there is not competition, it means customers do not have the option to substitute one product for another.
Title: Re: What part of Porter's framework is inappropriate for non-competitive situations? Post by: mechaniker on November 16, 2016, 08:46:03 pm Threat of substitution. If there is not competition, it means customers do not have the option to substitute one product for another. I would also say that the forces of rivalry and new entrants are non-existent in non-competitive situations. I wanted other opinions to confirm. Thanks for your answer. I appreciate it. |