Question: In the class discussion on Porter's five-forces framework, we assessed the impact of the threat of backward integration and the threat of forward integration on
In the class discussion on Porter's five-forces framework, we assessed the impact of the threat of backward integration and the threat of forward integration on the average profitability of an industry. What is the difference between the threat of backward integration and the threat of forward integration, generally speaking? Further, illustrate your answer with a specific company example for each. Use at least three sentences of explanation
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