Question: Regarding 5 forces driving industry competetion. How does each element of the contending forces (five forces within the industry) model of competition affect profitability? Identify

Regarding 5 forces driving industry competetion.

How does each element of the contending forces (five forces within the industry) model of competition affect profitability?

Identify at least three factors affecting each force and describe how either increasing or decreasing each of them affects profitability.

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