Insert Title MGT/576 v1 Porter’s Five Forces MGT/576 v1 Page 2 of 2 Porter’s Five Forces Complete the table below. For the company you’ve decided to assess in week 1, determine the strength of each of...

Insert Title
MGT/576 v1
Porter’s Five Forces
MGT/576 v1
Page 2 of 2
Porter’s Five Forces
Complete the table below. For the company you’ve decided to assess in week 1, determine the strength of each of Porter’s Five Forces and of the complementors. 
 Justify your determination with examples. 
    Industry force 
    Strength
    Provide a justifying your determination with examples
    
    High 
    Medium 
    Low 
    
    Threat of new entrants 
    X (High)
    
    
    The business model of retail is very simple and can be initiated from even a small shop like a Mom-and-Pop or local vendor who has strong personal connections with the customers. Retails can include huge spectrum of things while length and breadth might vary like some include only the grocery items and still be considered as retail stores. It is viable to initiate the retail business at much smaller level without investing massive capital. Hence, threat of new entrants in retail industry in which Target operates is quite high.
    Power of buyers 
    X (High)
    
    
    In current dynamics of US retail market there are tremendous number of options from where consumers can purchase. The value offerings are perhaps not very different than any...