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How would you know if an industry would be a good place for you to make money? Porter's Five Forces, is a model that identifies and analyzes five competitive forces that shape every industry and helps determine an industry's weaknesses and strengths. Five Forces analysis is frequently used to identify an industry's structure to determine corporate strategy. I do a little analysis of the kasi tuck shop industry and give a very brief recap of porters 5 forces. _______________________ 00:00 - Introduction 00:42 - Stakeholders 02:12 - Threat of new Entrants 03:18 - Economies of scale 03:40 - Capital investment requirements 04:24 - The Network Effect 05:02 - Customer Loyalty 05:27 - Brand Loyalty 06:13 - Distrubution Channels 06:55 - Threat of Substitute Products 07:41 - Distrubution Channels 08:09 - Power of Buyers https://www.investopedia.com/terms/p/... • Insight: Ideas for Change - Michael Porter... 〰〰〰〰〰〰〰〰〰〰〰〰〰〰〰〰〰〰 Please support the Channel Hi, I'm a solo creative who creates these videos with love. If they've helped you learn anything, please consider making a donation to support the creation of more content. Zapper: https://zapper.com/url/c9Fi0fSnql Snapscan: https://bit.ly/4bNK7Vx 〰〰〰〰〰〰〰〰〰〰〰〰〰〰〰〰〰〰 A special thanks to Phatu, Pexels, and the various IEB and CAPS textbook resources and their authors. Memories by KV / kvmusicprod Creative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download / Stream: https://bit.ly/3wbK6b3 Music promoted by Audio Library • Memories – KV (No Copyright Music) Focus Business studies Grade 11 Textbook Consumo Business studies Grade 10 and 11 Textbook Please buy me a book: https://www.buymeacoffee.com/theclass If you have any questions, concerns, requests or advice please contact me here: __________ https://bit.ly/3DKLuUv theclassroom2020@gmail.com