What forces drive industry competition?

What forces drive industry competition?

  1. What forces drive industry competition? Are these forces the same globally or do they vary from country to country? Rate each force as high, medium, or low.
    1. Threat of new entrants
    2. Bargaining power of buyers
    3. Threat of substitute products or services
    4. Bargaining power of suppliers
    5. Rivalry among competing firms
    6. Relative power of unions, governments, special-interest groups, and so on
  2. What key factors in the immediate environment (i.e., customers, competitors, suppliers, creditors, labor unions, governments, trade associations, interest groups, local communities, and shareholders) are currently affecting the corporation? What are the current or future threats? Opportunities?