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Identify Porter's five competitive forces that impact industry performance.
Deduction
A logical process in which a conclusion follows necessarily from the set of premises, moving from general principle to a specific instance.
Empirical Evidence
Information obtained through observation or experimentation that can be used to verify or refute a hypothesis.
Logical Thinking
the process of using reasoning consistently to come to a conclusion, based on a set of given facts or principles.
Personal Experience
The individual knowledge or skill acquired through direct observation or participation in events or activities.
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