What's it: The bargaining power of suppliers describes how strong a supplier can influence input costs and company operations. Suppliers earn revenue and profit by selling inputs to the company and some players in the industry. They will
Porter's Five Forces
Porter’s Five Forces: Concept and Explanation For Each Force
Porter's five forces refer to the five elements that determine a market or industry's competition and profits. Michael Porter first described it in the Harvard Business Review article in 1979. Those forces include the threat of new