Porter's Five Forces model will determine the profitability of the
A) firm
B) industry
C) competitors
D) suppliers

Name: Porter's Five Forces model will determine the profitability of the A) firm B) industry C) competitors D) suppliers
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Porter's Five Forces model is used to analyze the competitive forces within an industry, hence it determines the profitability of the industry rather than the firm, competitors or suppliers. Therefore, choice B is the correct answer.

Porter's Five Forces Model Will Determine the Profitability of the