Business Studies, asked by asksandeepraj7639, 1 year ago

Select any high profitability and low profitability industry and apply michael 5 force model to explain why is the profitability of the industry is such that

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Answered by ssvijay738
1

Porter's five forces model: is an analysis tool that uses five industry The stronger competitive forces in the industry are the less profitable is. ... very competitive and thus, not so attractive due to its low profitability. An attractive industry is when barriers to are high, suppliers'.

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