Abstract
Competitive Advantage and Generic Strategies for Business Competition in an industry is based on competitive forces. The state of competition in an industry depends on five basic forces: the industry’s position among current competitors, the bargaining power of customers, the threat of new entrants, the threat of substitute products or services, and the bargaining power of suppliers (Porter, 1998).
| Original language | English |
|---|---|
| Title of host publication | Global Production Networks |
| Subtitle of host publication | Operations Design and Management, Second Edition |
| Publisher | CRC Press |
| Pages | 61-92 |
| Number of pages | 32 |
| ISBN (Electronic) | 9781466562943 |
| ISBN (Print) | 9781466562929 |
| DOIs | |
| Publication status | Published - 1 Jan 2016 |
| Externally published | Yes |