what is central to porter's five force models?
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Porter's 5 forces framework is used for strategic industry analysis. ... It looks at multiple aspects of the industry's competitive structure and economic environment, which includes the bargaining power of buyers, the bargaining power of suppliers, the threat of new entrants, and the threat of substitute products.
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Answer:
Porter's 5 forces framework is used for strategic industry analysis. ... It looks at multiple aspects of the industry's competitive structure and economic environment, which includes the bargaining power of buyers, the bargaining power of suppliers, the threat of new entrants, and the threat of substitute products.
Explanation:
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