Question: 1. A framework for analyzing a company's competitive environment is Porter's Five Forces. A company's profitability is influenced by the number and strength of its

1. A framework for analyzing a company's competitive environment is Porter's Five Forces. A company's profitability is influenced by the number and strength of its competitive rivals, potential new market entrants, suppliers, customers, and substitute products.

2. What is the five forces model's purpose?

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