Identify the five most common threats facing firms from their
local competitive environment that are represented...
90.2K
Verified Solution
Link Copied!
Question
General Management
Identify the five most common threats facing firms from theirlocal competitive environment that are represented in the fiveforces framework, and discuss under what conditions firms in aspecific industry are most likely to earn an above average profitand when they are likely to earn a below average profit ?
Answer & Explanation
Solved by verified expert
4.3 Ratings (551 Votes)
Ques Identify the five most common threats facing firms from their local competitive environment that are represented in the five forces framework and discuss under what conditions firms in a specific industry are most likely to earn an aboveaverage profit and when they are likely to earn a belowaverage profit Five threats facing the firm from their local competition include Threat from new competitive entrants Market that yield high
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!