Q. Draw 3# strategic “stumbles” from the article Red Ocean Traps and apply it around Porter’s Five Forces framework analysis.
– Please read the attachments below of the article Red Ocean Traps
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– I have also attached Porters Five forces framework below
The Five forces that shape Strategy
Rivalry among existing competitors
Threat of new entrants
Bargaining power of supplies
Bargaining power of buyers
Threat of substitute products or services