Question: 1) Enlist & briefly discuss the 5 Forces, as explained in Michael Porters Five-Forces Model (used for analyzing a company's competitive environment). 2) Explain the

1) Enlist & briefly discuss the 5 Forces, as explained in Michael Porters Five-Forces Model (used for analyzing a company's competitive environment).

2) Explain the difference between the vision statement and mission statement of an organization. Why are these statements considered to be very important?

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