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Does the Strength of Each of the Five Competitive Forces

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Essay

Does the strength of each of the five competitive forces from Michael Porter's model remain constant over time? Briefly explain.


Definitions:

Sucker Effect

A phenomenon where individuals reduce their effort when they believe others are free-riding on their work.

Free Rider Effect

A situation where some individuals benefit from resources or services without contributing to the cost or effort involved.

Free Rider

An individual or entity that benefits from resources, goods, or services without paying for the cost or effort involved.

Proportional Share

A portion or percentage of a whole which is allocated in relation to its size, quantity, or importance.

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