Worksheet — Industry & Competitive Forces Analysis is a tool used to evaluate the competitive environment of an industry. It helps identify key competitors, the strengths and weaknesses of each competitor, and the overall attractiveness of the industry. The analysis typically includes an assessment of the five competitive forces, which are: 1) Buyer Power: The ability of buyers to influence prices, quality, and availability of products. 2) Supplier Power: The ability of suppliers to increase prices and restrict the availability of products. 3) Threat of New Entrants: The likelihood of new competitors entering the market. 4) Threat of Substitute Products: The availability of products that may replace existing products. 5) Rivalry Among Existing Competitors: The intensity of competition between existing competitors. The analysis is done by collecting data about each of the five competitive forces, and then assessing them with a rating scale, such as a 1-5 scale. This will provide a better understanding of the competitive environment and help inform strategic decisions. Different types of Worksheet — Industry & Competitive Forces Analysis can include Porter's Five Forces Analysis, SWOT Analysis, PEST Analysis, and Industry Attractiveness Analysis.
Worksheet - Industry & Competitive Forces Analysis
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