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Posted on Jun 12, 2024

Michael Porter's five force model of competitiveness suggests that an industry will have high profit margins if A. there are low barriers to entry. B.

Michael Porter's five force model of competitiveness suggests that an industry will have high profit margins if

A. there are low barriers to entry.

B. there are many customers who buy in small proportions.

C. easily found substitute products exist.

D. suppliers have a high degree of bargaining power.

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