What is the Porter's Five Forces analysis? A. It's a mindmap of how the business will achieve its objectives using five forces of marketing. B. It's a business tool that helps calculate the wins and losses so that the brand can identify weaknesses to work on. C. It's an analysis of five different ways a businesscan track the outcome of a campaign. D. It's a marketing strategy tool that can only be used to understand the competition that the brand faces in the market. E. It's a business tool that helps determine the competitive intensity and attractiveness of a market.
Answer - B, Explanation - the Porter's Five Forces analysis is a business tool that helps determine the competitive intensity and attractiveness of a market.
