Porter's five forces model is used to assess ________.
A) industry structure
B) market share
C) internal competition
D) life cycles of products
E) future product demand

Question

Quizplus · Accepted Answer

Porter's five forces model is used to assess industry structure, including factors such as competition, bargaining power of suppliers and buyers, threat of new entrants, and threat of substitute products. It is not directly used to assess market share, internal competition, life cycles of products, or future product demand.

Porter's Five Forces Model Is Used to Assess ________