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Michael Porter developed the Five Forces Model in 1980. Michael Porter's Five Forces is a powerful competitive analysis tool to determine the principal competitive influence in a market. It is a broadly used model in business that refers to the five important factors that drive a firm's competitive position within an industry.
Perform five forces analysis online. Visual Paradigm Online features an online five forces analysis tool and a large variety of technical and business diagram templates. It also supports remote working, online meeting and online workshop with a rich collection of real-time collaboration facilities.
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