Porter’s Structural Analysis – “The Five Forces”
“To be ignorant of went before you
is to remain a child”
“To be ignorant of what occurred before you were born is to remain always a child.
For what is the worth of human life, unless it is woven into the life of our ancestors by the records of history?”
40 years ago Michael Porter published the “Five Forces”.
Today it still stands as the foundation of Strategic Analysis upon all else has been built on!
Read the instructors
focus on following questions – answer all in a pdf file format and upload below
Page 13 as printed on article lower right)
proprietary product tech: – even 40 years ago pre internet Porter knew this…who has it today?
favorable locations: think this thru about internet “domains”, AWS (if you don’t know AWS – find it)
and-also to where Amazon has actual warehouses.
Govt subsidies: how does govt protect/support tech?
know Econ of scale (from your Econ 101 freshman year) explain?
Would Amazon be the retaliate type?
Experience – why could a new entrant have methods?
Price Competition – You have hit bottom why?
Page 18 – Emotional barriers – totally no economic sense but understand the power of emotions!!!!
Page 19 – 2×2 Matrix – exit and entry barriers
Article overall: What is the problem with commodities or shall we say welling a commodity?
Page 21 – If you were to redo the five forces would Govt: be a separate force
Page 23 – The golden bullet CHANGE – give an example of exploding change?
Again answer all and submit in pdf format below
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