The Five Forces Model of competition
In 250 words, please discuss: The firm’s external environment consists of three parts: the general environment, the industry environment, and the competitor environment. Discuss these three parts. 2. In 250 words, please discuss: The Five Forces Model of competition includes an analysis of the threat of entry, the power of suppliers, the power of buyers, product substitutes, and the intensity of rivalry among competitors. Discuss the Five Forces Model of competition. 3. In 500 words and a minimum of three peer reviewed references, write a paper about the need for competitor information. What methods are used to collect information about competitors?