Question $5$

According to the textbook, the Five Forces model can be used in the following two ways:

first, to help a firm determine what industry it is best equipped to compete in$,$ and second, to help a firm determine whether to compete in international markets in that industry

first, to help a firm determine what niche to enter within an industry, and second, to help a firm determine whether it can be competitive in that industry first, to help a firm determine whether it should enter an industry in an aggressive or a conservative manner, and second, to help a firm determine whether to compete in international markets in that industry.

first, to help a firm determine whether it should enter a particular industry, and second, to help a firm discern whether it can carve out an attractive position in that industry

first, to help a firm determine if it should enter a single or multiple niches in an industry, and second, to help a firm determine whether it can be competitive in that industry