- This topic has 3 replies, 4 voices, and was last updated 7 years ago by .
Viewing 4 posts - 1 through 4 (of 4 total)
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.
ACCA December 2022 Exam results:
* Pass rates * Comments * Instant Poll * Competition *
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
Forums › ACCA Forums › ACCA SBL Strategic Business Leader Forums › Question
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.
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.
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.
A strategic group analysis can also be used. This has never been asked though. Strategic groups are companies in an industry with similar characteristics.