Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

CIMA Exam CIMAPRA19-E02-1 Topic 1 Question 101 Discussion

Actual exam question for CIMA's CIMAPRA19-E02-1 exam
Question #: 101
Topic #: 1
[All CIMAPRA19-E02-1 Questions]

Which ofthefollowingbest describes the purpose of Michael Porter's Five Forces model?

Show Suggested Answer Hide Answer
Suggested Answer: A

Contribute your Thoughts:

Dorethea
7 days ago
I believe it's also about analyzing the competitive forces in the industry to gain competitive advantage.
upvoted 0 times
...
Cordelia
10 days ago
I agree with Carin. It helps in determining whether to enter or remain in the industry based on the profit potential.
upvoted 0 times
...
Carin
11 days ago
I think the purpose of Michael Porter's Five Forces model is to identify the profit potential from the industry.
upvoted 0 times
...

Save Cancel