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Watch the following video: https://www.mindtools.com/pages/videos/five-forces-transcript.htm Next, conduct an analysis on a company you are familiar with or a business you would be interested in starting
Watch the following video:
https://www.mindtools.com/pages/videos/five-forces-transcript.htm
Next, conduct an analysis on a company you are familiar with or a business you would be interested in starting and apply the 5 forces model. Be sure you address all 5 forces.
Then, answers these two questions:
- Where are you at risk?
- Are you in a position to be profitable based on your analysis?
- How can this insight help you in developing effective marketing strategies?
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