1. Explain the usefulness of the five forces model in analyzing the industry and ultimately developing a strategy? 2. How can the five forces model be applied to the air travel industry? 3. How does Porter evaluate the role of the Internet in competition? 4. Can the five forces analysis help managers assess potential changes in industry structure? Explain. Chapter 2: The Five Competitive Forces that Shape Strategy Michael Porter expands on the five forces model for evaluating industry competitive and assessing potential profitability. HBR BU HARVARD BUSINESS The Five Competitive Forces That Shape Strategy 2,373,421 views Jun 30, 2008 >> THOMAS STEWART: I am Tom Stewart, Editor and Managing Director of the Harvard Business 0:01/13:11 D Harvard Business Review 307K subscribers An Interview with Michael E. Porter, Professor, Harvard University. Porter's five competitive forces is the basis for much of modern business strategy. Understand the framework and how to put it into practice. 10K 300 Porter's 5 Forces EXPLAINED | B2U | Business To You Business To You SHARE+ SAVE D ... SUBSCRIBE ***