Porter's Five Forces framework helps in analyzing:

A. Identify internal strengths and weaknesses

B. Analyze competitive forces within an industry

C. Develop strategies for market and product growth

D. Evaluate the financial health of a company

A. High market share and high market growth

B. Low market share and high market growth

C. High market share and low market growth

D. Low market share and low market growth

A. SWOT analysis

B. PEST analysis

C. BCG matrix

D. Porter's Five Forces

A. Few sellers with homogeneous products

B. Many sellers with differentiated products

C. One dominant seller

D. High barriers to entry

A. A minor skill that is easily replicated by competitors

B. A unique strength that gives a company a competitive advantage

C. A standard industry practice

D. A temporary market trend

A. Broad market appeal

B. High economies of scale

C. Strong customer loyalty within a niche market

D. Low marketing costs

A. Set a low initial price to gain market share quickly

B. Set a high initial price and lower it over time

C. Match competitor pricing

D. Set a price below the cost of production