It used to be an obscure hard-to-find ingredient, but recently the Internet has exploded with websites selling weight loss products based on an extract of the fruit and it even got some decidedly hucksterish treatment from Dr.
Oz, a TV personality made famous by Oprah Winfrey. The fruit is known in India as gambooge. It is apparently also an ingredient in some weight loss products as hydroxycitric acid. Oz promoted it and continues to assert that garcinia cambogia is an effective aid to weight loss.
The five competitive forces reveal that competition extends beyond current competitors. Customers, suppliers, substitutes and potential entrants—collectively referred to as an extended rivalry—are competitors to companies within an industry. The five competitive forces jointly determine the strength of industry competition and profitability.
How Competitive Forces Shape Strategy The state of competition in an industry depends on five basic forces, which are diagrammed in the Exhibit. The strongest competitive force or forces.
Porter’s five forces model is an analysis tool that uses five industry forces to determine the intensity of competition in an industry and its profitability level. Competition Within the Industry. recommends taking each of the five forces and weighing them to determine the most important concerns for your business. "Five Forces of Competitive.
"Understanding the competitive forces, and their underlying causes, reveals the roots of an industry's current profitability while providing a framework for anticipating and influencing. According to the textbook, the five competitive forces included in the five-forces model determine: the average rate of return for the firms in an industry According to the textbook, how do well-managed firms respond to the five-forces that determine industry profitability?