Define the term industry structure and discuss the ways the Internet and e-commerce have changed the five forces that characterize industry structure.

It is no secret that the Internet and Web have changed business environments over the last decade or so. Strategies have shifted, operations have adjusted and industry formations have shifted, all as a result of e-commerce. . .

This article addresses: Defining the term industry structure and the ways the Internet and e-commerce have changed the five forces that characterize industry structure.