Diagram and Label All Components in the Porter Five Forces

question 3

Short Answer

Diagram and label all components in the Porter Five Forces model (also known as the Industry and Competitive Analysis model)?

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Definitions:

Unreasonably Dangerous

A legal standard for products or activities that present a high risk of harm, beyond what an ordinary consumer would reasonably expect.

Electrical Shock

Electrical shock is the physiological reaction or injury caused by electric current passing through the human body.

Product Liability

The legal obligation of manufacturers and sellers to be held accountable for defective products that cause injury to consumers.

Knowledgeable User

An individual who is considerably informed, experienced, or skilled in a particular domain or system.