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What drives competition in the What is strategy?

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What drives competition in the industry?Porter’s Five ForcesSuppliersPotential EntrantsBuyersSubstitutesThe IndustryThreat of new entrantsBargaining power ofcustomers / buyersThe threat ofsubstitue productsBargaining powerof suppliersCompetition withinthe industryAn industry =the group of companiesproducing productsfulfilling the samecustomer needs.Version 3.2 March 201140 © Marc Sniukas

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