In the 5F5I assignment is assigned five items from the item listed in Porters 5 forces. For each item you need to: (1) explain the item, (2) explain how it affects the specific force, (3) bring real-world example that shows both the item and its effect on the specific force (the effect may be either to reduce or to increase the specific force). There is no need to do any/much research; you can use examples based on your / common knowledge; the example can be of either direction (that is, the effect can be of either increase or decrease in the force); please find new examples (cant use our class examples)
The five items are;
1.Rivalry: Fixed costs are
2.Rivalry: Industry demand growth rate is
3. Rivalry: Buyers switching costs are
4. Buyers: Extent of buyers profits is
5. Rivalry: Number of competitors is