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What part of Porter's framework is inappropriate for non-competitive situations?

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mechaniker
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« on: November 05, 2016, 09:34:56 pm »
Porter's five forces framework
I appreciate your help. This is for an assignment.
Thank you
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« on: November 05, 2016, 09:34:56 pm »
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yaris
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« Reply #1 on: November 16, 2016, 06:29:43 pm »
Threat of substitution. If there is not competition, it means customers do not have the option to substitute one product for another.
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mechaniker
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« Reply #2 on: November 16, 2016, 08:46:03 pm »
Quote from: yaris on November 16, 2016, 06:29:43 pm
Threat of substitution. If there is not competition, it means customers do not have the option to substitute one product for another.

I would also say that the forces of rivalry and new entrants are non-existent in non-competitive situations. I wanted other opinions to confirm.
Thanks for your answer. I appreciate it.
« Last Edit: November 16, 2016, 08:53:21 pm by mechaniker » Logged
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Maxi-Pedia Forum > Finance, Business, Taxes, Economics, Jobs, Politics, etc. > Financial Measures, Models, Ratios (Moderator: mod) > Topic: What part of Porter's framework is inappropriate for non-competitive situations?
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