Which Approach Would You Use If You Wanted to To Identify

question 27

Multiple Choice

Which approach would you use if you wanted to to identify the attractiveness of an industry or sector in terms of competitive forces?

• A) SWOT
• B) Porter's 5 forces
• C) Porter's diamond
• D) PESTEL

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Definitions:

American Population

The total number of people living in the United States, including all races, ethnicities, and ages.

Family Patterns

The various structural and functional arrangements found within families, shaped by cultural, economic, and societal factors.

World War II

A global conflict that lasted from 1939 to 1945, involving many of the world's nations, including all of the great powers, eventually forming two opposing military alliances: the Allies and the Axis.

Traditional Nuclear Family

A family unit consisting of two parents (one male and one female) and their biological children living together.