22 Jun I want you to practice a bit with Porter’s Five Forces Model.
I want you to practice a bit with Porter’s Five Forces Model. This model is used for Industry Analysis (so, this topic is more related to last week’s External analysis, but I want you to have experience with this model so we’ll do that this week).
Select a company you might like to work for. Figure out the INDUSTRY that the company operates in (so, Starbuck is in the Coffee Industry, for example) – and then apply Porter’s Five Forces to that Industry. Right up your findings in 1-2 pages, and include how you are feeling about possibly working in that industry later in your career.
Below is a company and industry I would like to use for this.
Company & Industry: Subway in the quick service restaurant industry
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