The Primary Objective of Porter's Five Forces Model Is to

question 20

Multiple Choice

The primary objective of Porter's five forces model is to

• A) replace a firm's competitive advantage with competitive parity.
• B) understand the profit potential of different industries.
• C) reduce the gap between the value of a firm's product and its cost of production.
• D) break down a firm's value chain activities into primary and support.

---

Definitions:

Process Conflict

Disagreement over the methods or procedures to achieve goals or complete tasks, often related to workflows or responsibilities.

Public Meetings

Gatherings that are open to the general public where community members can discuss various topics, share opinions, and receive information from leaders or officials.

Relationship Element

An essential component or aspect that contributes to the dynamics and quality of interactions between individuals or entities.

Face

In communication theory, it refers to one's self-image or the esteem in which an individual holds themselves, which can be negotiated in social interactions.