The bargaining power of suppliers is a critical force that shapes industry dynamics and, ultimately, profitability. It refers to the influence that suppliers wield over the prices, quality, and availability of inputs they provide to companies. This
Porter's Five Forces
Porter’s Five Forces: Master Competitive Analysis for Smart Investment Decisions
Porter's Five Forces, a framework developed by Michael Porter in 1979, offers a powerful lens for analyzing the industry dynamics that shape profitability. By dissecting these five forces—the threat of new entrants, rivalry among existing companies,