When applying Porter's Five Forces Model you should first analyze the competition that affects or may affect your business.

Name: When applying Porter's Five Forces Model you should first analyze the competition that affects or may affect your business.
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Question

Quizplus · Accepted Answer

Porter's Five Forces Model is used to analyze the competitive environment of a business. Therefore, the first step in applying this model is to analyze the competition that affects or may affect your business.

When Applying Porter's Five Forces Model You Should First Analyze