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lesya692 [45]
2 years ago
8

porter’s five forces model analyzes the competitive forces within the environment in which a company operates to assess the pote

ntial for profitability in a(n)
Business
1 answer:
german2 years ago
7 0

Porter’s five forces model analyzes the competitive forces within the environment in which a company operates to assess the potential for profitability in<u> an industry.</u>

<h3>What is Profit?</h3>

This refers to the gain that is made in business after the selling price has been determined and removed from the cost price and expenses.

Hence, we can see that Porter’s five forces model analyzes the competitive forces within the environment in which a company operates to assess the potential for profitability in<u> an industry.</u>

Read more about Porter’s five forces model here:

brainly.com/question/14632175

#SPJ1

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Jackie is an advertiser who wants to reach people by using both remarketing and Shopping ads. What’s the best targeting strategy
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Which of the following is a risk (or potential pitfall) of cost leadership?
Lapatulllka [165]

Answer:

a. Cost cutting may lead to the loss of desirable features

Explanation:

In the business market, sometimes there occurs a price war between the various companies regarding the same type product and each company reduces the price to as minimum as possible to take the cost leadership in the market. Some drawbacks that  occur in such a strategy of companies are listed here -

  • There is a tight control on the expenses during the manufacturing of products which often results in loss of desirable features in the products
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3 years ago
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Answer: A. Traditional Model

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A key part of strategic planning involves knowing the operating environment so as to be able to plan better. If this is not well know, the company should go with a traditional/ basic model that would enable them to plan with minimal knowledge and experience until they know better.

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