Porter's five factor model provides insight into the present and future profitability of an industry.

Question

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Porter's five factor model analyzes five competitive forces that impact an industry's profitability, including the threat of new entrants, bargaining power of suppliers and buyers, threat of substitutes, and rivalry among existing competitors. By understanding these factors, businesses can make strategic decisions to improve their competitive position and profitability in the industry.

Porter's Five Factor Model Provides Insight into the Present and Future