Question: Within the framework of the Five-Forces Model . What is strategy? Why is having a disnct strategy important? Consider a major event that is relavely
Within the framework of the Five-Forces Model . What is strategy? Why is having a disnct strategy important? Consider a major event that is relavely current (e.g., Ukraine or another geopolical situaon, COVID-19, etc.). What are some barriers that companies face as they atempt to execute their strategy in the wake of this event?of Competition, describe industry conditions that would lead to the highest level of profitability for industry participants. What about the lowest level of profitability? What are the differences between these two conditions
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