Porter's strategic framework identifies forces that influence an industry's
A) intensity of competition and profitability.
B) rate of growth.
C) popularity among consumers.
D) potential as an exporter within the global economy.

Question

Quizplus · Accepted Answer

Porter's Five Forces framework analyzes the competitive forces within an industry that affect its intensity of competition and profitability, such as the threat of new entrants, bargaining power of buyers and suppliers, threat of substitute products, and industry rivalry.

Porter's Strategic Framework Identifies Forces That Influence an Industry's