Discuss the value of Porter’s 5 Forces Framework as an analytical tool for Strategic Managers.

Discuss the value of Porter’s 5 Forces Framework as an analytical tool for Strategic Managers.

In this essay you should discuss:-
• the advantages that can be gained from using the 5 forces model
• how the model can aid strategic managers in making decisions
• the limitations of the 5 forces model
• suggest ways the limitations could be overcome.

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