Porter's five forces model is the most popular tool for analyzing the level of competition in an industry. Considering your own industries, answer the following questions:
Which are the primary sources of competitive intensity?
Do you deal with powerful buyers or suppliers?
Are there ready substitutes for your product, or is it unique?
What is the potential for new entrants?
Considering these factors, examine the degree of rivalry and the nature of competition in our industries and which factors are most significant. Reflect on how the course material plays out in your organization or organizations with which you are familiar.
United States Department of Agriculture is the "industry". 350 WORD Minimum, no copy and paste. Orginial words only. APA format, list in text citations and references.