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Explain the five forces framework and industry profitability

Discussion Post

a) Explain the Five Forces Framework and Industry Profitability of Michel Porter.

b) Describe the four market structures of Perfect Competition, Monopoly, Monopolistic Competition, and Oligopoly.

c) Analyze the relation between the five forces and different market structures.

The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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