Discuss the five forces model of competition


Discussion Board

Answer each question separately. Each question must be 250-300 words each.

1. The firm's external environment is complex. The firm's external environment consists of three parts: the general environment, the industry environment, and the competitor environment. Discuss these three parts.

2. The Five Forces Model of competition includes an analysis of the threat of entry, the power of suppliers, the power of buyers, product substitutes, and the intensity of rivalry among competitors. Discuss the Five Forces Model of competition.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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