In this Masterclass Kaplan tutor Iryna Mcdonald analyses PESTEL and Porter's 5 Forces models covering; what they allow us to do, why companies use them, and applying them to some real life industries and environments.
This video is relevant to ACCA P3 paper.
This video is relevant to CIMA P1,T4
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00:00 - 01:30 Intro
01:30 - 02:48 Industry Environment
02:48 - 16:41 PESTLE
16:41 - 23:07 Porter's 5 Forces
23:07 - 27:28 Barriers to Entry
27:28 - 29:46 Power of Suppliers
29:46 - 32:58 Thread of Substitutes
32:58 - 37:20 Power of Customers
37:20 - 40:19 Rivalry
40:19 - 40:57 Outro
