Question: Using the five - forces model to determine the nature and strength of competitive pressures in a given industry involves building the picture of competition

Using the five-forces model to determine the nature and strength of competitive pressures in a given industry involves building the picture of competition in three steps. The first step involves:
Question 19 Select one:
a.
evaluating whether the pressures stemming from the five forces are weak or moderate.
b.
identifying the different parties involved for each of the five forces.
c.
ensuring that the pressures of the five forces are sufficiently strong.
d.
assessing whether the amount of profits earned are aligned with the company's strategic plans.

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