a. Each industry's performance ( profitability) is affected differently according to the five forces of the Porter's model. If yes, discuss. If false, discuss.

Hint: Focus on the organization of an industry in terms of its structure, conduct and performance.

b. Is it always true that structure causes the conduct and thus performance of an industry? Is it possible for the reverse causation? Explain

requirements:

a. Define the term(s)

b. Offer an example to further illustrate your idea. The use of graphs is recommended

c. Next, explain and state your conclusion.