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A graphical representation of Porter's five forces. Porter's Five Forces Framework is a method of analysing the competitive environment of a business. It draws from industrial organization (IO) economics to derive five forces that determine the competitive intensity and, therefore, the attractiveness (or lack thereof) of an industry in terms of its profitability.
Porter's four corners model is a predictive tool designed by Michael Porter that helps in determining a competitor's course of action. Unlike other predictive models which predominantly rely on a firm's current strategy and capabilities to determine future strategy, Porter's model additionally calls for an understanding of what motivates the competitor.
Porter, M.E. (1979) "How Competitive Forces Shape Strategy", Harvard Business Review, March/April 1979. [ISBN missing] Porter, M.E. (1980) Competitive Strategy, Free Press, New York, 1980. The book was voted the ninth most influential management book of the 20th century in a poll of the Fellows of the Academy of Management. [36]
In strategic planning and strategic management, SWOT analysis (also known as the SWOT matrix, TOWS, WOTS, WOTS-UP, and situational analysis) [1] is a decision-making technique that identifies the strengths, weaknesses, opportunities, and threats of an organization or project.
In quantum mechanics, physicists often use the terms "force" and "interaction" interchangeably; for example, the weak interaction is sometimes referred to as the "weak force". According to the present understanding, there are four fundamental interactions or forces: gravitation, electromagnetism, the weak interaction, and the strong interaction ...
These forces affect the organization's ability to raise its prices as well as the costs of inputs (such as raw materials) for its processes. [17] The five forces framework helps describe how a firm can use these forces to obtain a sustainable competitive advantage, either lower cost or differentiation. Companies can maximize their profitability ...
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In physics, a unified field theory (UFT) is a type of field theory that allows all fundamental forces and elementary particles to be written in terms of a single type of field. According to modern discoveries in physics, forces are not transmitted directly between interacting objects but instead are described and interpreted by intermediary ...