Porter’s five force model of the company Foleo Group Private Limited
As a whole, subsequently, to breaking down and interpreting Foleo's outside surroundings to the Five Force model, the organization bears high dealing of the intensity of client and serious contention. There are three suggestions as follows to assist it with improving the status. It is proposed Foleo continues developing its technology to show signs of improvement in its cost for its purchaser, making it harder for them to change suppliers. The organization ought to likewise put into client associations with its present purchasers. Also, it should zero in on marking to get its names mainstream as an approach to target singular clients.
Osma, S., Abdullah, H. I. & Jamali, H. (2017). Five competitive forces model and implementation of porter’s generic strategies to gain firm performances. Science Journal of Business and Management, 5(1), 9-16.
Boafo, N. D., Kraa, J. J. & Webu, C. G. (2018). Porter’sfive forces impact on the performance of companies in the banking industry in Ghana. International Journal of Economics, Commerce and Management, 8(6), 14-28.
Ogutu, M. & Mathookao, F. M. (2015). Porter’s five competitive forces framework and other factors that influence the choice of response strategies adopted by public universities in Kenya. International Journal of Educational Management, 29(3), 334-354.
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