Entrepreneurial Strengths and Actions to Increase Value Creation
Complete the table below, assessing the company’s strengths and weaknesses and describing the company’s approach to innovation.
Company name: Bank of America
Company website URL: https://www.bankofamerica.com
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 | ||
| Example | x | This is why I believe it is medium. | ||
| Threat of new entrants | ||||
| Power of buyers | ||||
| Power of suppliers | ||||
| Power of substitutes | ||||
| Rivalry among competitors | ||||
| Complementors | ||||
| References: | ||||
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