Five Competitive Forces: Threats from New Entrants/Substitutes (Local)
Submitted By:Mustafa Abdul-Jabbar, University of Pennsylvania
Grade Level(s):9, 10, 11, 12
In this lesson, the teacher will address a sub-element of the “five competitive forces” management theory: Threat New Entrants/Substitutes. Students will read “Vive la Difference: Using Hyper-Differentiation Strategies to Build Value and Boost Profits.” Students will then create a class SWOT analysis of the business described in the article to understand how a local company can compete with threats.
Management, II. Management Theories
Lesson Plan Details:
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