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Jinhai Li

Panjiayuan Antique Market

Yuval Levy

The Five Strategic Market Forces

Illustrated with images taken around Québec-City, Québec, Canada

2005-Mar-19

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© 2005 Yuval Levy, All Rights Reserved.

Caption

My first idea for this assignment was to shoot the interior of a Wal*Mart store. I strongly felt that no collection of markets could be complete without the world largest retailer and one of the most powerful market forces out there. Unfortunately this was not possible.

So I decided to use this virtual room for an interpretation of the five strategic market forces, a framework by Harvard Business School professor Michael Porter used to analyze and understand businesses and the markets they operate in. These forces are universal and apply to businesses of any size and in any market.

The five competitive forces are:

On top of these natural forces, this article will argue that although markets are one of the most efficient decision making mechanisms, a competition watchdog is necessary to ensure proper market functioning.

Read an application of this analysis to Wal*Mart.


Read more about The Five Strategic Market Forces
Contact Yuval Levy

Location

USA-Canada / Canada-Quebec

Lat: 46° 47' 03" N
Long: 71° 20' 44" W

→ maps.google.com [EXT]

Precision is: Unknown / Undeclared.

OpenStreetMap: © OpenStreetMap contributors

Equipment

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