For this week’s discussion, the focus will be on examining Porter’s Five Forces as a tool for looking at the pressures on profits.
Specifically, how does Porter’s analysis examine the stress on profits from all directions and all dimensions of a firm’s environment? You will be applying this tool by specifically looking at the market structure in which a firm competes. You will need to be able to distinguish an oligopoly from a monopolistic competitive market structure.
Also see the help provided in the discussion preparation.
In your discussion post, address the following:
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