10 Jul You will conduct a competitive forces analysis and a Porter’s
You will conduct a competitive forces analysis and a Porter’s Five Forces analysis on the banking industry. Your task for your industry: Identify the industry and then break it down conducting a competitive forces analysis: political-legal, economic, social, and technological. Complete a Porter’s Five forces model analysis Summarize your findings-what do both of these activities tell you about your industry?Political Forces: – – – -Social Forces: – – – -Economical Forces: – – – -Technological Forces: – – – -The Porter Five Forces model for the Financial Industry Competition level within the industry. – Bargaining power of suppliers: – Bargaining power of consumers: – Threat of new entrants into the industry – Threat created by substitute products: –
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