Strategic Reactions to Competitive Forces
Strategic Reactions to Competitive Forces
- Consider this framework for evaluating our industry’s position in the competitive landscape of the construction industry.
- There are basic forces that govern industry competition: the threat of new entrants, bargaining power of suppliers and custo-mers, and the threat of substitue products.
- Our industry brings value by providing a service/product bundle that lowers costs and raises quality.
2005 May