Question: Question title: Porter Competitive Forces analysis Question Description: There is no doubt that the global economy has been uniquely impacted by the outbreak of Covid-19.
Question title: Porter Competitive Forces analysis
Question Description:
There is no doubt that the global economy has been uniquely impacted by the outbreak of Covid-19. A number of industries have been crushed by the pandemic and a change has been observed in economic landscape. The businesses are no more in normal conditions with the downfall of long-standing market expectations are now learning to adapt to this pandemic. The digital transformation of businesses and new methods of doing business are making the application of old concepts challenging and require firms to change themselves.
Discussion
Keeping in view the above scenario, discuss the case logically and answer the following questions.
Do you think Porters framework of competitive analysis is still applicable in the context of Covid-19?
Support your answer with suitable examples in either case, if any.
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