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Describe and comment on the five major groups of “forces” or variables which make up M.E....

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General Management

Describe and comment on the five major groups of “forces” orvariables which make up M.E. Porter’s competition model. How arethese variables inter-related?

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Answer The five forces are as follows 1 Threat of new enterants 2 Bargaining power of suppliers 3 Bargaining power of buyers 4 Threat of substitute product 5 Existing rivalry in the industry How these variables    See Answer
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