Porter´s Five Forces Model

10 Professional English terms

Buyers

"... for each of those BUYERS usually indicates ..."

A person who buys something, especially something expensive

Example: Have you found a buyer for your house?

es: Comprador

Competitors

"... differentiation of the COMPETITORS. It is often useful to ..."

A person who takes part in a competition

Example: Over 200 competitors entered the race.

es: Competidor

Customers

"... power are the size and the concentration of CUSTOMERS. Other..."

A person or an organization that buys goods or services from a shop or business

Example: The company rewards loyal customers with discounts.

es: Cliente

Forces

"... horizontal FORCES that influence the appropriation ..."

Violent physical action used to obtain or achieve something

Example: The release of the hostages could not be achieved without the use of force.

es: Fuerza

Industry

"...suppliers relative to INDUSTRY participants and second..."

The production of goods from raw materials, especially in factories

Example: The needs of British industry

es: Industria

Influx

" ...are used to prevent an INFLUX of firms into an industry whenever profits... "

The fact of a lot of people, money or things arriving somewhere

Example: A massive/sudden influx of visitors

es: Influjo

Power

" ...determinants of buyer POWER are the size and... "

The ability to control people or things

Example: The government wields enormous power over the economy

es: Fuerza

Retooling

" ...the costs in areas such as retraining, RETOOLING and redesigning that... "

To replace or change the machines or equipment in a factory so that it can produce new or better goods

Example: The workspace needs to be retooling

es: Reestructurar

Rivalry

" ...The intensity of RIVALRY, which is the most obvious... "

A state in which two people are competing for the same thing

Example: sibling rivalry

es: Competencia

Suggestion

"... may be its SUGGESTION that rivalry, while ..."

An idea or a plan that you mention for somebody else to think about

Example: Can I make a suggestion?

es: Sugerencia