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    Business
  3. Study Set
    Strategic Management
  4. Exam
    Exam 2: The External Environment: Opportunities, Threats, Industry Competition, and Competitor Analysis
  5. Question
    Identify the Five Forces That Underlie the Five Forces Model
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Identify the Five Forces That Underlie the Five Forces Model

Question 108

Question 108

Essay

Identify the five forces that underlie the five forces model of competition. Explain briefly how they affect industry profit potential.

Correct Answer:

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1) Threat of new entrants: New entrants ...

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