Question $4$

What is true about Porter$$s $5$ forces framework?

$1$ point

Buyers and suppliers always have a strong bargaining power.

If buyers have a strong bargaining power, this may have a negative impact on the profits in the industry.

An important determinant of the attractiveness of a market is whether firms can easily leave the market.

Porter$$s $5$ forces is used to analyze the market attractiveness.

A high number of substitute products increase the attractiveness of the market.

The Porter$$s $5$ forces framework is used to analyze a firm$$s competencies and resources.

Government regulations always have a positive effect on the attractiveness of the market.