New Category in our Forum!
This category is for exclusive content Only for Site Members.
To kick things off in this category we analyze the business lending industry using the Porter's Five Forces model.
Analyzing Small Business Lending Using Porter's Five Forces
Porter's Five Forces is a framework developed by Michael E. Porter to analyze the competitive landscape of an industry. The model identifies five undeniable forces that determine the overall competitive intensity and attractiveness of a market. Porter's Five Forces Model helps managers and analysts understand the competitive landscape that a company faces and to understand how a company is positioned within it.
These forces are:
Rivalry Among Existing Competitors
Threat of New Entrants
Bargaining Power of Suppliers
Bargaining Power of Buyers
Threat of Substitute Products or Services
Why Create This Analysis
Creating a Porter's Five Forces analysis is beneficial for companies as it helps them understand the competitive dynamics within their industry. By evaluating these forces, companies can identify their strengths and weaknesses, uncover potential threats and opportunities, and develop effective strategies to gain a competitive edge. This analysis also assists companies in making informed decisions about market entry, product diversification, and resource allocation, ultimately contributing to their long-term success.
To read the FULL analysis, you must be logged in as a member and can view it in our Forum->Site Members Only category or Click below:
Comments