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How Is Porter's Five Forces Model Useful from the Perspective

question 183

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How is Porter's five forces model useful from the perspective of a business manager?


Definitions:

Central Purpose

The primary or main goal, aim, or objective of an activity, organization, or piece of work.

Experience

The knowledge or skill acquired by a person through involvement in or exposure to events or activities over a period of time.

Health Care

The maintenance or improvement of health via the prevention, diagnosis, and treatment of diseases, illnesses, injuries, and other physical and mental impairments in people.

Medicine

The science or practice of diagnosing, treating, and preventing illness, disease, and injury.

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