You will conduct a competitive forces analysis and a Porter's Five Forces analysis on the banking industry.

You will conduct a competitive forces analysis and a Porter's Five Forces analysis on the banking industry.

Your task for your industry:

• Identify the industry and then break it down conducting a competitive forces analysis: political-legal, economic, social, and technological.
• Complete a Porter's Five forces model analysis
• Summarize your findings-what do both of these activities tell you about your industry?

Political Forces:

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Social Forces:

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Economical Forces:

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Technological Forces:

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The Porter Five Forces model for the Financial Industry

• Competition level within the industry. 
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• Bargaining power of suppliers:
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• Bargaining power of consumers:
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• Threat of new entrants into the industry 
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• Threat created by substitute products:
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