Question: Write a brief note on Michael Porters competitive forces. 1. Advancing technology can be considered as a new entrance: true or false? 2. Which of

Write a brief note on Michael Porter’s competitive forces.

1. Advancing technology can be considered as a new entrance: true or false?

2. Which of the forces below deal with alternative methods?

A rivals b Substitutes c new entrance d suppliers e customers

3. Give an example of how to use low cost leadership strategy.

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