CS-165 Porters Five Forces - Part 05 Competitive Rivalry

[Case Studies] CS-165 Porters Five Forces - Part 05 Competitive Rivalry

The rivalry between existing competitors can include: (a) price discounts, (b) promotional campaigns, (c) distribution battles for access to customer, and (d) new product development. This Market Simulation demonstrates how dynamic Price Competition causes markets to act as Chaotic Systems.

Uses the KNIME Extension: Market Simulation by Scientific Strategy - Community Edition

A comprehensive description of this workflow with step-by-step instructions can be found at the Scientific Strategy website:
https://scientificstrategy.com/cs-165/

CASE STUDIES: CS-165 Porters Five Forces - Part 05 Competitive Rivalry https://scientificstrategy.com/cs-165/

WIKIPEDIA: Porter's Five Forces - Competitive Rivalry https://en.wikipedia.org/wiki/Porter%27s_five_forces_analysis#5*_Competitive_rivalry

External resources

• CS-165 Porters Five Forces - Part 05 Competitive Rivalry