Bank of America - Five Forces Analysis

Bank of America - Five Forces Analysis

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Short description of Porter's Five Forces analysis for…

Intensity of Existing Rivalry

Government limits competition (Bank of America) Government policies and regulations can dictate the level of competition within the industry. When...
Large industry size (Bank of America) Large industries allow multiple firms and produces to prosper without having to steal market share...

Bargaining Power of Suppliers

Inputs have little impact on costs (Bank of America) When inputs are not a big component of costs, suppliers of those inputs have less bargaining power....

Threat of Substitutes

Bargaining Power of Customers

Large number of customers (Bank of America) When there are large numbers of customers, no one customer tends to have bargaining leverage....

Threat of New Competitors

High capital requirements (Bank of America) High capital requirements mean a company must spend a lot of money in order to compete in the...
High sunk costs limit competition (Bank of America) High sunk costs make it difficult for a competitor to enter a new market, because they have to...
Geographic factors limit competition (Bank of America) If existing competitors have the best geographical locations, new competitors will have a...
Strong brand names are important (Bank of America) If strong brands are critical to compete, then new competitors will have to improve their brand...
High learning curve (Bank of America) When the learning curve is high, new competitors must spend time and money studying the market...

What is Porter's Five Forces Analysis?

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