Fill in the blanks with the correct answer.
1. The Competitive Forces model was developed by
2. One of the external forces considered is the of consumers.
3. is the force that refers to the presence of industry competitors that may affect the profitability of a firm. 4. Similar to the SWOT analysis, one of the major weaknesses of Porter's Five Forces model is that it is sometimes used by businesses to evaluate at the level. 5. The model provides a view of the industry. As such, there is a need to reevaluate the model, especially with evolving factors.