Discuss how the five competitive forces in Porters five forces model affect the profitability of the industry

Discuss how the five competitive forces in Porters five forces model affect the profitability of the industry

Discuss how the five competitive forces in Porter’s five forces model affect the profitability of the industry? For example, in what way might strong forces increase industry profits, and in what way do strong forces reduce industry profits? Identify an industry in which many of the competitors seem to be having financial performance problems. Which of the five forces seem to be strongest?

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