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Forums › ACCA Forums › ACCA SBL Strategic Business Leader Forums › Question

  • This topic has 3 replies, 4 voices, and was last updated 10 years ago by william.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • November 24, 2015 at 10:17 pm #285038
    shaina
    Member
    • Topics: 14
    • Replies: 12
    • ☆

    Hi,

    I was wondering which model would be most appropriate to assess the competative nature of a company’s exisiting market..

    My thoughts are with Porters 5 forces as this assesses industry competativeness?

    Is there any other model that would be beneficial here?

    Thank you.

    November 25, 2015 at 3:20 am #285051
    Moghira
    Member
    • Topics: 0
    • Replies: 1
    • ☆

    Hi ,

    porter 5 forces is the most appropriate model to assess the competitive nature of a company’s existing market.. but you may also consider Porter’s Diamond of competitive advantage model.

    December 1, 2015 at 4:40 pm #286765
    MrMorpheus
    Member
    • Topics: 1
    • Replies: 29
    • ☆

    Use porters five forces. Why make life difficult for yourself. If the question asks you to assess a nations competitive advantage then use Porters Diamond but that will be rare I think.

    December 4, 2015 at 7:07 pm #287641
    william
    Member
    • Topics: 0
    • Replies: 1
    • ☆

    A strategic group analysis can also be used. This has never been asked though. Strategic groups are companies in an industry with similar characteristics.

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