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Porter (2008, p.80) in his classic article 'The Five Competitive Forces that Shape Strategy' states: Understanding the competitive forces, and their underlying causes, reveals the

Porter (2008, p.80) in his classic article 'The Five Competitive Forces that Shape Strategy' states: "Understanding the competitive forces, and their underlying causes, reveals the roots of an industry's current profitability while providing a framework for anticipating and influencing competition over time". Critically examine how Michael Porter's Five Forces Framework can be used to assess industry attractiveness. What are the main limitations of Porter's model?500-800words

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