Examlex
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Five Forces Model
A framework developed by Michael Porter used to analyze the competitive environment in which a company operates, considering five forces that shape competition.
Competitive Forces
The various external factors that influence the competitive position and market power of a business within its industry.
Level of Competition
Describes the intensity and number of competitors in a market, which can influence pricing, product innovation, and consumer choice.
Profitability
The degree to which a business or activity yields profit or financial gain.
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