Competitive environment common mistakes

Common mistakes

• Porter's five forces common mistake 1

  Writing a final answer without showing the method that justifies it. This can weaken answers for: Apply Porter's five forces to analyse competitive pressure and profit potential..

  Fix itShow the method first, then give the final answer in the required form. Apply this directly to Porter's five forces.

• Porter's five forces common mistake 2

  Using the topic word correctly but not linking it to the numbers, diagram, graph, or expression in the question. This can weaken answers for: Apply Porter's five forces to analyse competitive pressure and profit potential..

  Fix itName the relevant value or feature from the question and explain how it is used. Apply this directly to Porter's five forces.

• Porter's five forces common mistake 3

  Mixing up two nearby concepts because they appear in the same subtopic. This can weaken answers for: Apply Porter's five forces to analyse competitive pressure and profit potential..

  Fix itState the exact concept being used before doing the calculation or explanation. Apply this directly to Porter's five forces.

• Porter's five forces common mistake 1

  Writing a final answer without showing the method that justifies it. This can weaken answers for: Explain how entry threat, buyer power, supplier power, rivalry and substitute threat can change and shape competitive strategy..

  Fix itShow the method first, then give the final answer in the required form. Apply this directly to Porter's five forces.

• Porter's five forces common mistake 2

  Using the topic word correctly but not linking it to the numbers, diagram, graph, or expression in the question. This can weaken answers for: Explain how entry threat, buyer power, supplier power, rivalry and substitute threat can change and shape competitive strategy..

  Fix itName the relevant value or feature from the question and explain how it is used. Apply this directly to Porter's five forces.

• Porter's five forces common mistake 3

  Mixing up two nearby concepts because they appear in the same subtopic. This can weaken answers for: Explain how entry threat, buyer power, supplier power, rivalry and substitute threat can change and shape competitive strategy..

  Fix itState the exact concept being used before doing the calculation or explanation. Apply this directly to Porter's five forces.