Analysis of the Competitive Environment through the use of Porter’s Five Forces Model
Case Study of BMW
Car industries are noted to be one of the most essential means in the major part of the market worldwide. Nevertheless, with the existence of business environment of globalization and the competition in the automobile industry, the competition has become fierce. Primarily, this paper will analyze BMW and the competitive environment through the use of Porter’s Five Forces Model.
Fundamentally, the automobile industry is a textbook example of an industry where economies of scale pay a