1. What are the five forces that determine an industrys profitability? 2. How can the threat of…
1. What are the five forces that determine an industrys profitability? 2. How can the threat of substitute products suppress an industrys profitability? 3. How can the threat of new entrants suppress an industrys profitability? 4. What are the six major sources of barriers to entry that can restrict a firms entry into a market?