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Course Name

Porter's Five Forces Theory

Description

The Porter's Five Forces is a framework used to analyse the competitive forces in a market or industry. The five forces are: threat of entry by new firms, threat of substitutes, bargaining power of suppliers, bargaining power of buyers, and industry concentration. Each force is examined to determine its strength and how it affects the overall competition in the market.

The theory was developed by Michael Porter, and it is widely used in business strategy and market analysis.

Section 1
Introduction to Porters Five Forces Theory
  • Understanding Porters Five Forces
  • Competitive Rivalry
  • Supplier Power
  • Buyer Power
  • Threat of Substitution
  • Threat of New Entry

 

Section 2
What Are Porter's Five Forces Used for?
  • Understand the competitive landscape that a company faces and to understand how a company is positioned within it.

 

Section 3
Difference Between Porter's Five Forces and SWOT Analysis
  • How both the tools are used to analyse and make strategic decisions.
  • Define Porter's Five Forces and explain how they affect industry competition and profitability.
  • Identify the key competitive forces in a particular industry.
  • Conduct a Porter's Five Forces analysis to assess the competitive landscape of an industry.
  • Identify opportunities and threats in an industry using Porter's Five Forces.
  • Business owners
  • Managers
  • Entrepreneurs
  • Basic understanding of business concepts
  • The course is delivered through a combination of lectures, case studies, group discussions, and practical exercises.
  • Participants will have the opportunity to apply the concepts learned through real-world scenarios and interactive activities
  • Duration
    1 day
  • Dates
    Starts From
  • Time
    9:30AM TO 5:30PM
  • Location
    Qltc Office,
    Bangalore
  • Fee
    ₹5,000/- + 18% GST

Includes course materials and complementary access to our Learning Management System of this course for one year

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