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Please answer the following short questions using the list of options; please read the questions carefully regarding Porter model for Industry Attractiveness and Strategies. Use
Please answer the following short questions using the list of options; please read the questions carefully regarding Porter model for Industry Attractiveness and Strategies. Use these options to answer A B and C
Please answer the following short questions using the list of options; please read the questions carefully regarding Porter model for Industry Attractiveness and Strategies.
Threat of New Entrants
Buy Power
Rivalry
Supplier Power
Differentiation
Threat of substitutes
PART A: Given the sunny, warm weather, people decided to go for rides in their cars and motorcycles. Sheetz lower their gasoline prices on Sunday for the last day of the NFL getaway to $gallon Wawa decides to lower their prices to $ per gallon. What would be Prof. Porter's explanation of Wawa's behavior? Note Prof. Porter taught at Harvard and could not wait for the NE Patriots Season to end
PART B: It may snow this weekend; they are forecasting inches in hours, and prices and inventory of some items at hardware stores, grocery stores, and convenience stores increase. How would Porter explain this?
PART C: As usual, the weather for this weekend, despite the forecast, ended up being sunny with highs in the s; for snowstormrelated products, there were changes. What would occur, according to Porter?
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