Question: Using Porter's Five Forces model helps to understand how the forces depicted affect the competitiveness of an industry as well as its attractiveness and profitability.

Using Porter's Five Forces model helps to understand how the forces depicted affect the competitiveness of an industry as well as its attractiveness and profitability. This activity has two parts. First, you will learn how to identify the forces for the traditional casino industry, after which you will identify the forces for the gaming industry. Therefore, you need to consider the scope of each industry. Note that the traditional casino industry is a subset of the gaming industry. Second, for the traditional casino industry only, you will identify and rate Porter's criteria for each force, and then rate the power of the force itself

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