The correct answer is 5.
Managers and analysts may better understand the competitive environment a company operates in and how it is positioned within it by using Porter's Five Forces Model.
<h3>What are the five competitive forces identified by Porter?</h3>
Porter identifies five factors as the main sources of competitive pressure within an industry. They are as follows:
a) rivalry in a healthy way.
b) supplier strength.
c) consumer power
d) threat of replacement
e) a potential new entry.
<h3>What is the operation of Porter's competitive force model?</h3>
These factors affect a company's profitability by affecting the quantity and strength of its rivals in the market, possible new market entrants, suppliers, consumers, and replacement goods. Business strategy may be guided by a Five Forces analysis to boost competitive advantage.
To know more about Business strategy, visit: brainly.com/question/3325483
#SPJ4
