Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Business Environment and International Business
The five forces model can be used to
1
plan a firm's global strategy based on internal firm resources
2
understand a firm's strategic internal assets in global markets or regional markets
3
analyse a firm's competitive position in a specific market segment or similar market segments
4
explain why industry change may force firms to relocate parts of their business to other countries