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| Topic: |
Business
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| Number of pages / Number of words: |
13 / 3565 |
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Porter of Harvard Business in 1979. The five forces is a framework for an industry analysis and the business strategy development. This framework uses concepts developed within the industrial organization economics. The forces determine the competitive intensity and attractiveness of a market.
These forces affect the company and their ability to serve its customers and produce a profit...
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The forces determine the competitive intensity and attractiveness of a market.
These forces affect the company and their ability to serve its customers and produce a profit. This means that a change in such forces will require the company to reassess their efforts to shift with the market. These forces also help a company in making a qualitative evaluation of the firm’s strategic position...
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