{"id":32066,"date":"2022-09-07T12:16:06","date_gmt":"2022-09-07T10:16:06","guid":{"rendered":"https:\/\/grupobcc.com\/?p=32066"},"modified":"2023-01-27T16:40:48","modified_gmt":"2023-01-27T15:40:48","slug":"michael-e-porter-five-forces-model","status":"publish","type":"post","link":"https:\/\/grupobcc.com\/en\/news\/michael-e-porter-five-forces-model\/","title":{"rendered":"Michael E. Porter: Five Forces Model"},"content":{"rendered":"<h4><img class=\"alignnone size-medium wp-image-32067\" src=\"https:\/\/grupobcc.com\/wp\/wp-content\/uploads\/2022\/09\/Michael-E.-Porter-speaker-keynote-speech-management-e1540478238749-300x211.jpg\" alt=\"\" \/><\/h4>\n<h4><\/h4>\n<h4>We share with you a post published in &#8216;Investopedia&#8217; in which you can learn more about <a href=\"https:\/\/grupobcc.com\/speakers\/michael-e-porter\/\"><b>Michael E. Porter<\/b><\/a>.<\/h4>\n<h4><\/h4>\n<h4>\u201cThe last of the Five Forces focuses on substitutes. Substitute goods or services that can be used in place of a company&#8217;s products or services pose a threat. Companies that produce goods or services for which there are no close substitutes will have more power to increase prices and lock in favorable terms. When close substitutes are available, customers will have the option to forgo buying a company&#8217;s product, and a company&#8217;s power can be weakened.<\/h4>\n<h4 id=\"mntl-sc-block_1-0-42\" class=\"comp mntl-sc-block mntl-sc-block-adslot mntl-block\"><\/h4>\n<h4 id=\"mntl-sc-block_1-0-43\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\">Understanding Porter&#8217;s Five Forces and how they apply to an industry, can enable a company to adjust its business strategy to better use its resources to generate higher earnings for its investors.\u201d (&#8230;)<\/h4>\n<h4><\/h4>\n<h4>Read more: <a href=\"https:\/\/www.investopedia.com\/terms\/p\/porter.asp#:~:text=These%20forces%20include%20the%20number,strategy%20to%20increase%20competitive%20advantage.\">https:\/\/www.investopedia.com\/terms\/p\/porter.asp#:~:text=These%20forces%20include%20the%20number,strategy%20to%20increase%20competitive%20advantage.<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>We share with you a post published in &#8216;Investopedia&#8217; in which you can learn more about Michael E. Porter. \u201cThe last of the Five Forces focuses on substitutes. Substitute goods or services that can be used in place of a company&#8217;s products or services pose a threat. Companies that produce goods or services for which&#8230;  <a href=\"https:\/\/grupobcc.com\/en\/news\/michael-e-porter-five-forces-model\/\" class=\"more-link\" title=\"Read Michael E. Porter: Five Forces Model\">Read more &raquo;<\/a><\/p>\n","protected":false},"author":12,"featured_media":32067,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[48],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"description\" content=\"Companies that produce goods or services for which there are no close substitutes will have more power to increase prices and lock in favorable terms.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/grupobcc.com\/en\/news\/michael-e-porter-five-forces-model\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Michael E. 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