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NXT on Strategy
nxtonstrategy
30 episodes
3 months ago
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Entrepreneurship
Business
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Entrepreneurship
Business
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EP #11 Porter’s Five Forces Explained: How Market Power Drives Business Profits
NXT on Strategy
6 minutes 10 seconds
3 months ago
EP #11 Porter’s Five Forces Explained: How Market Power Drives Business Profits
In this episode, we break down Michael Porter’s Five Forces model in a simple, real-world way. Discover how competition, new entrants, supplier and buyer power, and substitutes shape the profits of companies across industries. Whether it’s airlines battling for customers or luxury brands holding strong, understanding these forces helps you see why some businesses thrive while others struggle. Tune in for an easy-to-grasp guide on the market dynamics that really matter.
NXT on Strategy