Review Porter's Five-Forces Model in Chapter 3. Evaluate each force in the model as either a weak, moderate...

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General Management

Review Porter's Five-Forces Model in Chapter3. Evaluate each force in the model as either aweak, moderate or strong competitive force basedon the criteria in the text and PPs and within the context of yourgeneral knowledge of the world-wide automobileindustry. Based on your evaluation, give anoverall assessment on the intensity of competition (either weak,moderate and strong) in the world-wide automobile industry. Hint:as your text indicates, the rivalery among competing sellers, inthe center of the model, is the strongest of the five forces andshould be weighted the highest force in making your overallassessment of the industry.

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Porters Five Forces Model is Porters Five Forces Model is 1The threat of new entrants 2 Bargaining power of suppliers 3 Bargaining power of buyers 4 The threat of substitutes 5 Rivalry among existing competitors These five tools determine to formulate the strategy of the Automobile industry as well The worldwide Automobile industry is very competitive and See Answer

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