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in Step six the team will work on mastering the supply Market competitiveness Anna explains to Daniel in this Ste annual you can use Michael Porteramp;#39;s five forces model to determine the competitiveness within a specific category how do the five Forces help in analyzing a category Iamp;#39;m glad you asked Daniel the five forces are scope for new entrance power of suppliers scope for substitutes and power of buyers with competitiveness in the middle can you explain in more detail sure Daniel letamp;#39;s start with competitiveness it stands for the degree of rivalry within the supply Market does rivalry mean that the suppliers work hard to win or retain a business indeed Daniel in a very competitive market suppliers work to outmaneuver one another Often by Price cutting okay what about the power of buyers buyers in a position of power can get more value by using leverage to force down price in regards to business travel lava is in a position of power indeed in the portfolio Mat
