Describe Michael Porter’s model and its components
Apply michael porter’s Competitive advantage for an article from Harvard website deal with strategic mgmt
This assignment covers the content in Michael Porter’s Competitive Advantage. In this assignment, you must pick an article from the Harvard Business Review website (https://hbr.org/) that deals with the strategic management of a company. The HBR article MUST be related to the strategic management of a company. A number of these articles are listed in your syllabus.
QUESTIONS:
Describe Michael Porter’s model and its components. Pick an industry and describe how the different components of the model relate to the industry.
Apply all components of Porter’s model to your HBR case, as a case review. Your response here must be at least a page, and will likely be more.
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The Porter’s competitive advantage model consists of five forces that shape the structure and the competitive nature of an industry and include; competitive rivalry, threat of new entrants into the industry, bargaining power of buyers, threat of substitute and bargaining ability of suppliers. Porter also considered the power of strategic……………….
APA
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