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4.1 Retaining a position in the market may require firms to attack competitors. Michael Porter identified five forces which are a threat to organisations' profitability.
4.1 Retaining a position in the market may require firms to attack competitors. Michael Porter identified five forces which are a threat to organisations' profitability. Explain with examples how each of the five forces is a threat to organisations' profitability. (15 marks)
4.2 Describe Michael Porter's competitive strategies and how they can improve sales revenue for organisations.
(5 Marks)
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