The structure of an industry can reflect anyone’s experience of adversity derived from a variety of areas such as sports, family, politics, or even as simple as getting through a Monopoly board game.
The Porter’s Five Forces is a model acknowledging strengths and weaknesses of any trade, which in turn helps to govern the best strategy to success.
Click here for a brief and simple analysis on The Porter’s Five Forces model: brief reference to the restaurant businesses in New York
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