Carefully evaluate the two statements below and pick the correct option.

Statement I: The Five Forces Model is used to analyze an entire industry's profit potential, and cannot be used to explain performance differences between firms within the same industry.

Statement II: The Five Forces Model primarily examines the segments of a firm's macro$-$environment, like political and sociocultural forces.

Only statement II is true

Neither statement I nor statement II is true

Only statement I is true

Both statements I and II are true