Competitive Forces
The Five Competitive Forces That Shape Strategy
Note: the video is located at http://www.youtube.com/watch?v=mYF2_FBCvXw
In the video The Five Competitive Forces That Shape Strategy, Michael E. Porter explains that competition from rivals is only one of five forces that shape industry competition. Choose an industry and write a 2-page paper that outlines how the five forces influence it. Which of these forces could be positively influence by leveraging technology? Analyze how technology can play a role in increasing profitability for this industry