Question: Using the five forces framework to determine the nature and strength of competitive pressures in a given industry involves all of the following steps EXCEPT:

Using the five forces framework to determine the nature and strength of competitive pressures in a given industry involves all of the following steps EXCEPT:
Group of answer choices
identifying the different parties involved, along with specific factors that bring about competitive pressures
evaluating how strong the pressures stemming from each of the five forces are (strong, moderate or weak)
determining whether the collective impact of the five competitive forces is conducive to earning attractive profits in the industry
evaluating whether competition is being intensified or weakened by the industry's driving forces and key success factors

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