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Basic Question 7 of 11
Porter's Five Forces analysis helps companies to:
B. Identify their core competencies.
C. Develop strategies to address competitive forces in their industry.
D. Understand the impact of macroeconomic factors on their business.
A. Improve their internal operational efficiency.
B. Identify their core competencies.
C. Develop strategies to address competitive forces in their industry.
D. Understand the impact of macroeconomic factors on their business.
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Learning Outcome Statements
analyze an industry's structure and external influences using Porter's Five Forces and PESTLE frameworks
CFA® 2024 Level I Curriculum, Volume 3, Module 6.