The search is on for pieces of a meteor that streaked through the sky before breaking up over southeast Michigan Tuesday. Related Coverage Boom heard as bright flash streaks across sky
Michael Porter has argued that a firm's strengths ultimately fall into one of two headings: cost advantage and differentiation. By applying these strengths in either a broad or narrow scope, three generic strategies result: cost leadership, differentiation, and focus. These strategies are applied at the business unit level.
Michael Porterâs five forces model is based on the insight that a corporate strategy should meet the opportunities and threats in the organizations external environment. Especially, competitive strategy should based on an understanding of industry structures and the way they change.ichael Porterâs five forces is a model used to explore the environment in which a product or company operates to generate competitive advantage. Porterâs Five Forces analysis looks at five key areas mainly: 1  the threat of entry. 2  the power of buyers. 3  the power of suppliers. 4  the threat of substitutes, and.