Question: Based upon Chapter 3 of the text, define and explain Competitive Intensity (Porter's Five Forces Model). Explain how the components of the model impact (increase

Based upon Chapter 3 of the text, define and explain Competitive Intensity (Porter's Five Forces Model). Explain how the components of the model impact (increase or decrease) competitive intensity. The components are: Threats of New Entrants, Bargaining Power of Buyers, Threats of Substitute Products or Service and Bargaining Power of Suppliers. Your submission should not exceed one page.

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