Question
A competitive analysis that looks at industry forces that, when combined, determine an organization's ability to compete in a particular market is called: Five Forces Model internal evaluation innovation competitive advantage
Ask by Rose Wagner. in the United States
Feb 26,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
The Five Forces Model determines an organization's ability to compete in a market by analyzing industry forces like new entrants, supplier and buyer power, substitute products, and competitive rivalry.
Solution
The correct answer is the Five Forces Model.
The Five Forces Model, developed by Michael Porter, examines the competitive forces within an industry—namely, the threat of new entrants, the bargaining power of suppliers, the bargaining power of buyers, the threat of substitute products or services, and the intensity of competitive rivalry. When these forces are considered together, they provide insight into an organization's ability to compete effectively in a particular market.
Answered by UpStudy AI and reviewed by a Professional Tutor
Like
error msg

