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The five-forces model is a framework: For increasing buyer force in the industry For analyzing the...

The five-forces model is a framework:

For increasing buyer force in the industry

For analyzing the attractiveness of an industry

For increasing buyer force in the market

For improving competition in the industry

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Answer #1

1. B. For analyzing the attractiveness of an industry

We can say that the five forces model given by Mr. Michael porter can be considered to be the framework we utilize in order to understand the aspect of competition in the market and therefore, by extension, the attractiveness of an industry.

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