Porter's Five Forces Is Used to Analyse: Please Select All

question 21

Multiple Choice

Porter's Five Forces is used to analyse: Please select all that apply.

• A) The industry environment
• B) The competitive environment
• C) The macro-environment
• D) The general environment

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Definitions:

Cost Differentiation Strategy

A business strategy aiming to offer products or services differentiable from competitors' based on features, quality, or service rather than competing primarily on price.

Product Differentiation Strategy

A business approach aimed at distinguishing a product or service from others in the market to attract a specific customer segment.

Inventory Turnover Ratio

Inventory turnover ratio is a financial metric that measures how many times a company's inventory is sold and replaced over a specific period, indicating efficiency in inventory management.

Net Profit Margin

A financial metric showing the amount of each sales dollar left over after all expenses have been paid.