Question

porter's five forces framework is used for industry analysis in all of the following ways except to: identify opportunities to increase profit. decide whether to enter or exit the market. identify intangible assets that are crucial for competing successfully in a given industry. identify which market niche to penetrate. complement a strengths, weaknesses, opportunities, threats (swot) analysis.

Answer 1

Company strengths and weaknesses.

What is Company strengths?

Reliability, openness/honesty, competence, and compassion—or what we call the ROCC of Trust—are the four main ways that businesses and business leaders who are doing it properly work to establish trust within their organizations and with individuals they do business with.

SWOT analysis is a framework used to assess a company's competitive position and to create strategic planning.

Any resource or procedure that your firm lacks yet that it requires to succeed is a company vulnerability. The potential of your business can't be fully realized because of weaknesses. It represents advantages, dangers, opportunities, and weaknesses. The SWOT analysis analyzes both internal and external factors as well as the current condition and any predicted future events.

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