What is Porter's Five Forces Model?

Question $2$ options:

a$)$

generic business strategies that are neither organization nor industry specific and can be applied to any business, product, or service

b$)$

Quantifiable metrics a company uses to evaluate progress toward critical success factors.

c$)$

analyzes the competitive forces within the environment in which a company operates to assess the potential for profitability in an industry

d$)$

views a firm as a series of business processes, each of which adds value to the product or service