Compose a 2500 words assignment on michael porter’s five forces model.

Compose a 2500 words assignment on michael porter’s five forces model. Needs to be plagiarism free! Sometimes other companies will expand and a business that was never a threat to one company takes over and becomes their biggest competitors. They enter the market with various approaches. This company could give life and a new, fresh approach to a dyeing and staling market. Contrarily the said company could also serve as a model of how not to be in comparison to the already established businesses. The problem is that new companies that choose to enter an already completive business have a harder time starting out. At first they usually have to invest a large amount of money but if the other institutions in the market are doing very well in comparison more than likely the new capital will have a fighting chance. Switching costs is a key point that Porter makes. In particular switching costs pertaining to outsourcing. The world apparently seems to be headed in this direction. When a company outsources their billing, information technology and their clerical they dont have to pay benefits and usually since they are not officially employed by the said company there these workers will be paid much less.