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Michael Porter's 5 competitive force model is a framework that can be used in the strategic management process. (a) Explain in detail the purpose of
Michael Porter's 5 competitive force model is a framework that can be used in the strategic management process.
(a) Explain in detail the purpose of strategies using Michael Porter's 5 competitive forces model with the support on an example.
(b) There are three situations in the case that are representative of elements in Michael Porter's 5 competitive forces model.
Describe these situations in the case by making reference to the respective elements
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