The five forces model of competition focuses on the segments of the general environment.

Name: The five forces model of competition focuses on the segments of the general environment.
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Question

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The five forces model of competition focuses on the industry environment, not the general environment. It analyzes the bargaining power of suppliers, bargaining power of buyers, threat of new entrants, threat of substitute products or services, and intensity of competitive rivalry within the industry.

The Five Forces Model of Competition Focuses on the Segments