Tuesday, September 27, 2011

How do these five forces influence/apply into a business?
Five Forces (Rival, supplier, treat of new entrants)
Rivalry among competitors: it's good to just hav ourselves in the market,
Bargaining power of suppliers: supplier's bargaining power depends on the number of choices/size of supplier
Threat of new entrants: Economics  of scale, regulations, intellectual property
Bargaining Power of Customers
Threat of Substitutions:

manage these 5 forces to show our stakeholder via IS
Googlelookup: GoogleDoc links to it's finance function
WolframAlpha

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