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Critical thinking Potential Entrants Threat of New Entrants Relative Power of Unions Governments, Special Interest Groups, etc. Other Stakeholders Industry Competitors Bargaining Power of Buyers Buyers Suppliers Rivalry Among Existing Firms Bargaining Power Suppliers Threat of Substitute Products or Services Substitutes Review the above figure and answer the following questions: 1. Choose any example of industry from the real national or international market, and detail Porters five forces framework with a graphic representation. 2. According to Porter's framework, what determines the level of competitive intensity in your chosen industry? 3. Assess the threat of new entrants, and substitute products/ services for your chosen industry. 4. Is your chosen industry attractive for investment? Why or why not